Dayton Co. v. United States

U.S. Customs Court

Dayton Co. v. United States

34 Cust. Ct. 315

United States Customs Court·Decided March 24, 1955·No. No. 58867; protests 42159-K, etc. (Minneapolis)·Published

Opinion

[316]*316Opinion 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 each of the entries involved.

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[316]*316Opinion 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 each of the entries involved.

Dayton Co. v. United States, 34 Cust. Ct. 315 (cusc 1955).

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34 Cust. Ct. 315 (Dayton Co. v. United States) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

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