Case: Protest 47337-K of Charlotte Manufacturing Co. (Philadelphia)
Abbreviation: Protest 47337-K of Charlotte Manufacturing Co.
Decision Date: 1945-10-19
Docket Number: No. 50597
Citation: 15 Cust. Ct. 299
Volume: 15
Reporter: United States Customs Court Reports
Court: United States Customs Court
Jurisdiction: United States
Parties: Protest 47337-K of Charlotte Manufacturing Co. (Philadelphia).
Judges: 
Pages: 299–299

Head Matter:
Before the Third Division,
October 19, 1945
No. 50597.
Protest 47337-K of Charlotte Manufacturing Co. (Philadelphia).

Opinion:
Opinion by
Ekwall, J.
In accordance with stipulation of counsel the court found that the facts herein agreed upon were such as to bring the case within the holding in John Barr v. United States (11 Cust. Ct. 88, C. D. 801), which record was incorporated herein. (See John Barr v. United States, 324 U. S. 83, decided February 5, 1945.) 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 the entry. The protest was sustained to this extent.