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(T. D. 52895)

Foreign currencies-Rates of exchange

Rates of exchange certified to the Secretary of the Treasury by the Federal Reserve Bank of New York

TREASURY DEPARTMENT,

OFFICE OF THE COMMISSIONER OF CUSTOMS,

Washington, D. C., December 28, 1951.

To Collectors of Customs and Others Concerned:

The appended table of the values of certain foreign currencies as certified to the Secretary of the Treasury by the Federal Reserve Bank of New York under the provisions of section 522 (c), Tariff Act of 1930, during the period from December 21 to 27, 1951, inclusive, is published for the information of collectors of customs and others concerned.

(342.211)

D. B. STRUBINGER, Assistant Commissioner of Customs.

Values of foreign currencies certified to the Secretary of the Treasury by the Federal Reserve Bank of New York under provisions of section 522 (c), Tariff Act of 1930

Argentina

Country

France (Metropolitan).

PERIOD DECEMBER 21 TO 27, 1951, INCLUSIVE

Name of currency December 21 December 24 December 26 December 27

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Australia..

Belgium.

Basic.
Peso Pref.
Free.
Pound..
Franc.

Dollars *O. 200000 O. 133333

Brazil

.

British Malaysia.

Malayan dollar.

328000

328000

Canada.

Dollar.

977500

977500

Ceylon.

Rupee.

208333

208333

Denmark.

Krone.

*. 144916

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OThe rates for this currency are for use pursuant to the directions in T. D. 52328, as amended by T. D. 52603. Application of rates (1), (2), and (3), for the Uruguayan peso depends upon the type of merchandise.

(1)

(T. D. 52896)

Merchandise in general order and bonded warehouse

Extensions of 1-year period for merchandise in general order and 3-year period for
merchandise in bonded warehouse authorized

TREASURY DEPARTMENT,

OFFICE OF THE COMMISSIONER OF CUSTOMS,

To Collectors of customs and Others Concerned:

Washington, D. C.

TITLE 19-CUSTOMS DUTIES

CHAPTER I-BUREAU OF CUSTOMS

PART 56-EXTENSIONS OF TIME PURSUANT TO PROCLAMATION OF THE
PRESIDENT UNDER SECTION 318, TARIFF ACT OF 1930

Acting under the authority of section 318, Tariff Act of 1930, the

President, on October 12, 1951, issued Proclamation No. 2948 authoriz-

ing the Secretary of the Treasury, under certain conditions, and until

the termination of the national emergency proclaimed on December

16, 1950, or until it shall be determined by the President and declared

by his proclamation that such action is no longer necessary, whichever

is earlier, (1) to extend the 1-year period prescribed in section 491,

Tariff Act of 1930, as amended, and the 3-year period prescribed in

sections 557 and 559, Tariff Act of 1930, as amended, for not more

than 1 year each in cases in which such period has already expired or

shall hereafter expire during the continuance of the said national

emergency, and (2) to extend further such 1-year and 3-year periods

for additional periods of not more than 1 year each from and after

the expiration of the immediately preceding extension in any case in

which such extension shall expire during the continuance of the said

national emergency. The proclamation contains the proviso, among

others, that the extensions of 1 year authorized by the proclamation

shall not apply to any case in which the period sought to be extended

expired prior to December 16, 1950, or in which the merchandise in

question has been sold by the Government as abandoned. The

proclamation supersedes Proclamation No. 2599 of November 4,

1943, as amended by Proclamation No. 2712 of December 3, 1946,

providing for similar extensions. Proclamation No. 2948 was pub-

lished in the Federal Register, issue of October 17, 1951 (16 F. R.

10589).

In view of the issuance of Proclamation No. 2948, Part 56 of

Title 19, Chapter I, of the Code of Federal Regulations (T. D. 50967,

as amended by T. D.'s 51031, 51426, and 51620), is amended to read as follows:

56.1 Periods of time prescribed in sections 491, 557, and 559, Tariff Act of 1930, as amended, extended; conditions.—(a) Pursuant to authority contained in Proclamation No. 2948, issued by the President on October 12, 1951,1 the 1-year period prescribed in section 491, Tariff Act of 1930, as amended, or the 3-year period prescribed in sections 557 and 559 of the said Act, as amended, as the case may be, or any extension or further extension thereof heretofore granted under the authority of Proclamation No. 2599 of November 11, 1943, as amended by Proclamation No. 2712 of December 3, 1946, is hereby extended for 1 year in each case wherein such 1-year or 3-year period or any such previous extension thereof has expired on or after December 16, 1950, or shall have expired hereafter and during the continuance of the national emergency proclaimed on December 16, 1950, and wherein the collector of customs concerned shall have been furnished with

(1) if the merchandise is in general order, the written application of the consignee for extension and any evidence of identity required by section 56.2 (c) of these regulations; or

(2) if the merchandise is charged against an entry bond, the agreement of the principal and the sureties on the bond to remain bound under the terms and conditions of the bond to the same extent as if no extension had been granted, or a new bond with acceptable sureties to include the period of extension; or

(3) if the merchandise is charged against a carrier's bond, the agreement of the principal and the sureties on the bond to remain bound under the terms and conditions of the bond to the same extent as if no extension had been granted; and

(4) if the merchandise is in general order or charged against an entry bond, the certificate of the proprietor of the warehouse in which the merchandise is stored consenting to the extension, or certifying that all charges or amounts due or owing to the proprietor for the storage or handling of the merchandise up to the date of the beginning of the 1-year period of extension requested have been paid.

(b) Pursuant to the same authority and subject to the same conditions, such 1-year or 3-year period, as the case may be, is hereby extended for an additional period of 1 year each from and after the expiration of the immediately preceding extension if such expiration occurs during the continuance of the aforesaid national emergency. (Secs. 318, 624, 46 Stat. 696, 759; 19 U. S. C. 1318, 1624. Proc. No. 2948, Oct. 12, 1951; 16 F. R. 10589, 10591.)

56.2 Merchandise in general order.—(a) Applications for extension or further extension of the 1-year period prescribed in section 491, Tariff Act of 1930, as amended, shall be made in each case by the consignee, in writing, and in substantially the following form, and shall be submitted, in duplicate, to the collector of customs at the port where the merchandise is stored:

The Collector of Customs

Sir:

19

(date)

In accordance with the provisions of Treasury Decision No. 52896, of December 28, 1951, application is hereby made for an extension (or further

1 See Proclamation No. 2948 at the end hereof.

extension) of the 1-year period prescribed in section 491, Tariff Act of 1930, as amended, for 1 year in the case of the merchandise described below; Quantity and description of the merchandise:

Name of port where imported:

Date of importation:

Present location of merchandise:

Additional information:

(address of warehouse where the merchandise is stored)

(here state whether any previous extension has been allowed or application made for such extension and, if so, the details thereof)

(name of consignee)

By

(name and title)

The undersigned hereby consents to the granting of the 1-year extension requested herein, or

The undersigned hereby certifies that all charges or amounts due or owing to the undersigned for storage or handling of the merchandise described above up to the date of the beginning of the 1-year period of extension requested herein have been paid.

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(b) If the merchandise concerned is stored in the public store, all charges or amounts due or owing to the Government for the storage or handling of the merchandise up to the date of the beginning of the 1-year period of extension requested shall be paid as a condition precedent to the granting of the extension. (c) In connection with each application for extension, there shall be furnished, as evidence that the applicant is the consignee, the bill of lading or a duplicate thereof or a carrier's certificate covering the merchandise, but it will not be necessary that such evidence be furnished in connection with applications for any subsequent extensions when made by the same applicant.

(d) If the application is approved by the collector, he shall endorse the fact and date of his approval on both copies of the application, retain the original as his record of the transaction, and return the duplicate to the consignee for his records. If the application is disapproved by the collector, he shall retain both copies of the application on file in his office and advise the applicant in writing as to the reasons for his disapproval. (Secs. 318, 624, 46 Stat. 696, 759; 19 U. S. C. 1318, 1624. Proc. No. 2948, Oct. 12, 1951; 16 F. R. 10589, 10591.)

56.3 Extension of bonds.-(a) In each case in which the merchandise remains charged against a carrier's bond, customs Form 3587, and an extension or further extension of the 1-year period prescribed in section 491, Tariff Act of 1930, as

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