Case Name: Scruggs-Vandervoort-Barney, Inc. v. United States
Court: United States Customs Court
Jurisdiction: United States
Decision Date: 1949-05-04
Citations: 22 Cust. Ct. 300
Docket Number: No. 53095; protest 50953-K (St. Louis)
Parties: Scruggs-Vandervoort-Barney, Inc. v. United States,
Judges: 
Reporter: United States Customs Court Reports
Volume: 22
Pages: 300–300

Head Matter:
No. 53095.
Scruggs-Vandervoort-Barney, Inc. v. United States,
protest 50953-K (St. Louis).

Opinion:
Opinion by
Ekwall, J.
It was stipulated that the issue herein is the same in all material respects as that presented in Mamary Bros., Inc. v. United States (21 Cust. Ct. 135, C. D. 1142). In accordance therewith it was held that the currency of the invoices should be converted at the buying rate in the New York market at noon on the day of exportation (the "free" rate of exchange for pounds sterling), as certified by the Federal Reserve bank and set forth by the collector on entry 1313. The protest was sustained to this extent.