Case: Kaufmann Department Stores, Inc. v. United States
Abbreviation: Kaufmann Department Stores, Inc. v. United States
Decision Date: 1949-04-26
Docket Number: No. 53059; protest 49357-K (Pittsburgh)
Citation: 22 Cust. Ct. 291
Volume: 22
Reporter: United States Customs Court Reports
Court: United States Customs Court
Jurisdiction: United States
Parties: Kaufmann Department Stores, Inc. v. United States,
Judges: 
Pages: 291–292

Head Matter:
Before the Third Division,
April 26, 1949
No. 53059.
Kaufmann Department Stores, Inc. v. United States,
protest 49357-K (Pittsburgh).

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 thatthe 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 entries 2, 636, and 638. The protest was sustained to this extent.