
    (Reap. Dec. 8904)
    Entry No. 550, etc.
    Geo. S. Bush & Co., Inc. v. United States
    (Decided July 10, 1957)
    
      Brooks & Brooks for the plaintiff.
    
      George Cochran Doub, Assistant Attorney General, for the defendant.
   Wilson, Judge:

The appeals for reappraisement listed n schedule “A,” hereto attached and made a part hereof, have been submitted for decision upon the following stipulation of counsel for the parties hereto:

IT IS HEREBY STIPULATED by and between the parties hereto, subject to the approval of the Court,
1. That the merchandise here involved consists of bicycles imported from Germany for the account of plaintiff herein under the entries enumerated on the attached schedule which is made a part hereof,
2. That said bicycles were appraised on the basis of statutory cost of production,
3. That the cost of materials and fabrication, manipulation, or other process employed in manufacturing or producing such or similar merchandise at a time preceding the date of exportation of the involved merchandise which would ordinarily permit the manufacture or production thereof in the usual course of business, plus the usual general expenses (not less than 10 per centum of such cost) in the case of such or similar merchandise, plus the cost of all containers and coverings, and all other costs, charges and expenses incident to placing the merchandise in condition packed ready for shipment to the United States, and plus an addition for profit (not less than 8 per centum of the costs of materials and fabrication or manipulation and general expenses) equal to the profit which ordinarily is added to the cost of merchandise of the same general character by manufacturers or producers in the country of manufacture who are engaged in the manufacture of merchandise of the same class or kind equals—
for 243441-A and 243442-A, $18.29 each, plus packing,
for 243443-A, 243444r-A and 243445-A, for bicycles marked “A”, $17.08 each, plus packing, for bicycles marked “B”, $16.36 each, plus packing, for bicycles marked “C”, $17.71 each, plus packing, and
for 251957-A, $22.04 less inland trucking and freight to Portland,
4. That the reappraisement appeals herein may be submitted upon this stipulation.

On tbe agreed facts I find the cost of production, as that value is defined in section 402 (f) of the Tariff Act of 1930, to be the proper basis for the determination of the value of the merchandise here involved, and that such values were as follows: .

for 243441-A and 243442-A, $18.29 each, plus packing,
for 243443-A, 243444-A, and 243445-A, for bicycles, marked “A,” $17.08 each, plus packing, for bicycles marked “B,” $16.36 each, plus packing, for bicycles marked “C,” $17.71 each, plus packing, and
for 251957-A, $22.04, less inland trucking and freight to Portland.

Judgment will be entered accordingly.  