Case: Germaine Monteil, Inc. v. United States
Abbreviation: Germaine Monteil, Inc. v. United States
Decision Date: 1948-11-10
Docket Number: No. 52674; protest 77831-K (New York)
Citation: 21 Cust. Ct. 238
Volume: 21
Reporter: United States Customs Court Reports
Court: United States Customs Court
Jurisdiction: United States
Parties: Germaine Monteil, Inc. v. United States,
Judges: 
Pages: 238–238

Head Matter:
No. 52674.
protest 77831-K (New York).
Germaine Monteil, Inc. v. United States,

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.) In accordance therewith it was held that thq currency of the invoice 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.