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ELDER MFG. CO. v. UNITED STATES

No. F-391.

10 F.Supp. 125 (1935)

ELDER MFG. CO. v. UNITED STATES.

Court of Claims.

March 4, 1935.

Attorney(s) appearing for the Case

Wm. I. Denning, of Washington, D. C. (S. L. Swarts, of St. Louis, Mo., J. W. Cross, of Washington, D. C., and Frank E. Morris, of St. Louis, Mo., on the brief), for plaintiff.

George H. Foster, of Washington, D. C., and Frank J. Wideman, Asst. Atty. Gen., for the United States.

Before BOOTH, Chief Justice, and GREEN, LITTLETON, WILLIAMS, and WHALEY, Judges.

LITTLETON, Judge.

Plaintiff states the principal issue in this case as being "whether the definition of `market' as the `current bid price' set out in the regulations [art. 1584] is applicable under the facts and circumstances of this case so as to require that plaintiff's inventory be valued according to quoted prices," and contends (1) that the definition of market as the current bid price is applicable only under ordinary circumstances and not when market conditions...

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