Imágenes de páginas
PDF
EPUB

CUSTOMS.

(T. D. 33595.)

Values of foreign coins.

[Circular No. 1.]

TREASURY DEPARTMENT, July 1, 1913. In pursuance of the provisions of section 25 of the act of August 27, 1894, I hereby proclaim the following estimate by the Director of the Mint of the values of foreign coins to be the values of such coins in terms of the money of account of the United States, to be followed in estimating the value of all foreign merchandise exported to the United States during the quarter beginning July 1, 1913, expressed in any such metallic currencies.

Entries of merchandise liquidated upon the values proclaimed herein will be subject to reliquidation upon the order of the Secretary of the Treasury whenever satisfactory evidence shall be produced to him showing that the values in United States currency of the foreign money specified in the invoices were at the date of certification at least 10 per cent more or less than the values herein proclaimed.

W. G. McAdoo, Secretary.

Estimate by Director of the Mint of the values of foreign coins.

Country.

Legal standard.

Monetary unit.

Value in
terms of
United
States
money.

Remarks,a

...do ...

. 193

Argentine Republic... Gold.... Peso

$0.96 17 Currency: Depreciated paper,

convertible at 44 per cent of

face value. Austria-Hungary.

Crown ....

. 203 Belgium.... Gold and Franc .......

Member of Latin Union; gold is silver.

the actual standard. Bolivia Gold.... Boliviano

.389

12% bolivianos equal 1 pound

sterling. Brazil

.do...
Milreis

.546 Currency: Government paper,

convertible at $0.3242 to the

milreis. British colonies in .do Pound sterling....... 4. 8665

Australasia and

Africa. Canada. ......do .... Dollar....

1.000 The exchange rates shown under this heading are recent quotations and given as an indication of the values of currencies which are fluctuating in their relation to the legal standard. They are not to take the place of the consular certificate where it is available. 3437-VOL 25–13-1

(1)

Estimate by Director of the Mint of the values of foreign coins—Continued.

Country.

Legal standard.

Monetary unit.

Value in
terms of
United
States
money.

Remarks.

silver ..

Peso ....

.715 . 713 .683 .698

.470

Central American
States:
Costa Rica......... Gold.... Colon..

$0.465 British Honduras ...do ... Dollar

1.000

(Guatemala: Currency, inconverti

ble paper, exchange rate 16 to

18 pesos= $1. Guatemala

Honduras: Currency, bank notes, Honduras

exchange rate, Mar. 20, 1912, Nicaragua

.436

$0.415. Salvador

Nicaragua: Currency, inconverti

ble paper, exchange rate, 16% to

17 pesos=$1. Salvador: Currency, convertible

silver on demand. Chile Gold......

. 365

Currency: Inconvertible paper;

exchange rate, approximately,

$0.2061.
(Amoy
Canton
Chefoo
Chin Kiang.
Fuchau...

.661
H ai kw an

.727
(customs).
Hankow....

669
Tael Kiaochow a. 692
Nanking

. 707 China

Silver...]

Niuchwang.

.670 Ningpo.

.687 Peking

.697 Shanghai.

.653 Swatow

.660 Takau

. 719 (Tientsin 2.692 Yuan.

.520
Dollar.

Hongkong. .470
British

(Mexican.. .473
Colombia.....
Gold.... Dollar

1.000 Currency: Inconvertible paper;

exchange rate, approximately,

$102 paper to $1 gold. Denmark Gold.... Crown.

268 Ecuador

...do
Sucre.

.487 Egypt .do Pound (100 piasters).. 4. 943 The actual standard is the British

pound sterling, which is legal

tender for 97% piasters. Finland .do.... Mark

. 193 France Gold and Franc

.193 Member of Latin Union; gold is silver.

the actual standard. German Empire Gold... Mark

238 Great Britain.. .do Pound sterling.

4,8665
Greece
Gold and Drachma

Do.
silver.
Haiti ....
Gold.... Gourde

.965

Currency: Inconvertible paper;

exchange rate, approximately,

90.2941. India (British) .do Rupee

.3244 15 rupees equal 1 pound sterling. Italy Gold and Lira

.193 Member of Latin Union; gold is silver.

the actual standard. Japan

Gold....

Yen Liberia. ..do .... Dollar.

1.000 Currency: Depreciated silver to

ken coins. Customs duties are

collected in gold. Mexico.

do Peso. Netherlands.

...do

Florin Newfoundland

Dollar

1.014 Norway.

...do Crown. Panama do Balboa

1.000 Paraguay. Silver... Peso...

. 436 Currency: Depreciated paper, ex

change rate 1,550 per cent. Persia Gold and Kran

1704 This is the value of the gold kran. silver.

Currency is silver circulating above its metallic value; exchange value of silver kran, ap

proximately, $0.0875. a In this circular, printed in open form July 1, the value of the tael in the Provinces of Kiaochow and Tientsin was erroneously given as 0.712. The correct value is 0.692.

. 193

.498

.498
. 402

...do

.268

Estimate by Director of the Mint of the value of foreign coins—Continued.

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

Appeal directed from decision of the Board of United States General Appraisers

of April 21, 1913, Abstract 32085 (T. D. 33362), involving the classification of round reeds manufactured from rattan measuring less than 7 mm. in diameter."

TREASURY DEPARTMENT, July 7, 1913. Sir: I have to acknowledge the receipt of your letter of the 30th ultimo, in which you invite attention to the decision of the Board of United States General Appraisers of April 21, 1913, Abstract 32085 (T. D. 33362), sustaining the protest of the importers that certain merchandise returned by the appraiser as “round reeds manufactured from rattan measuring less than 7 mm. in diameter" was entitled to admission free of duty under paragraph 713 of the tariff act, which provides for the free entry of rattan reeds, unmanufactured, in the rough or not further advanced than cut into lengths.

As it appears that an application for a rehearing in this case was denied under date of May 27, 1913, you are hereby authorized to file, in the name of the Secretary of the Treasury, an application with the United States Court of Customs Appeals for a review of the said decision, in accordance with the provisions of subsection 29 of section 28 of the tariff act of August 5, 1909. Respectfully,

JAMES F. CURTIS, (99429.)

Assistant Secretary. ASSISTANT ATTORNEY GENERAL, New York.

(T. D. 33597.)

Telephone poles.

Appeal directed from decision of the Board of United States General Appraisers of

May 31, 1913, Abstract 32584 (T. D. 33511), involving the classification of merchandise which was assessed with duty as telephone poles at the rate of 10 per cent ad valorem under paragraph 204, tariff act of 1909.

TREASURY DEPARTMENT, July 8, 1913. Sir: I have to acknowledge the receipt of your letter of the 1st instant, inviting attention to the decision of the Board of United States General Appraisers of May 31, 1913, Abstract 32584 (T. D. 33511), involving the classification of merchandise which was assessed with duty as telephone poles at the rate of 10 per cent ad valorem under paragraph 204 of the tariff act, and which was held by the board to be entitled to free entry as round unmanufactured timber under paragraph 712 of the said act.

In view of the importance of the issue and in accordance with your recommendation, you are hereby authorized to file, in the name of the Secretary of the Treasury, an application with the United States Court of Customs Appeals for a review of the said decision, in accordance with the provisions of subsection 29 of section 28 of the tariff act of August 5, 1909. Respectfully,

JAMES F. CURTIS, (97328.)

Assistant Secretary. ASSISTANT ATTORNEY GENERAL, New York.

(T. D. 33598.)

Drawback on carpet looms and yarn carriers.

Drawback on carpet looms and yarn carriers manufactured by the Worcester Loom

Co., of Worcester, Mass., with the use of imported grippers and springs.

TREASURY DEPARTMENT, July 8, 1913. Sir: Drawback is hereby allowed under section 25 of the tariff act of August 5, 1909, and the regulations promulgated thereunder (T. D. 31695 of June 16, 1911), on Axminster carpet looms and yarn carriers manufactured by the Worcester Loom Co., of Worcester, Mass., with the use of imported grippers and springs.

The allowance shall not exceed the number of imported parts used in the manufacture of the exported looms or yarn carriers, as shown by the sworn statement of the manufacturers, dated June 18, 1913, which is transmitted herewith for filing in your office. Respectfully,

JAMES F. CURTIS, (98794.)

Assistant Secretary. COLLECTOR OF CUSTOMS, Boston, Mass.

« AnteriorContinuar »