Case: Protests 64011-K, etc., of Barrie Morell & Co. et al. (New York)
Abbreviation: Protests 64011-K of Morell
Decision Date: 1945-05-12
Docket Number: No. 50178
Citation: 14 Cust. Ct. 250
Volume: 14
Reporter: United States Customs Court Reports
Court: United States Customs Court
Jurisdiction: United States
Parties: Protests 64011-K, etc., of Barrie Morell & Co. et al. (New York).
Judges: 
Pages: 250–251

Head Matter:
No. 50178.
Protests 64011-K, etc., of Barrie Morell & Co. et al. (New York).

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 each of the entries. The protests were sustained to this extent.