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At a meeting of the Executive Committee of the Federal Reserve Board held in the office of thp Governor on Wednesday, February 27 1918, at 10:30 a. m., PRESENT: Mr. Willis, Secretary. Mr. Hamlin, Mr. Miller, Applications for permission to export coin, currency and bullion, with papers in connection therewith, were presented and acted upon as follows: A memorandum dated February 23, by Mr. A. A. Burrows, left by Mr. Crane of War Trade Board, with reference to the licensing of foreign and domestic stamps for collectors. Mr. Crane.deaired an expression of Board's views in this matter. meeting. Tabled February 26 until today's War Trade Board to Act; memorandum of action to Strauss. The application of the United Sugar Co., Nogales, Arizona, to export to Mexico $10,000 gold and 430,000 silver coin during March (#1216). Referred to Mr. Strauss at meeting February 25, and deferred until today at mecting of February 26. Granted in paper or silver; no gold. The application of Mr. L. U. Hutehineon, of San Diego and Arizona Ry. Co., (1201) to export 4.3,000 gold to • Mexico in payment of trunait dues, Tabled at meetings of February 23 and 25, and tog thor with telegr -a re from San Fra:Icisco Bank referred to Ur. Strauss (entire fib) February 26. Granted for one month; more data to be ob- tained by wire. A letter from Federal Reserve Bank of New York, February 25, submitting schedule of American Metal Co., showing use of gold sent by them to Mexico. Read and noted. A letter from Fi c't National Bank, Del Rio, Texas makin inquiry concerning shipments of gold for payment taxes to Mexicoby their cu tom rs, addreised to United Stutos TrerolArci., 1217. Noted. Hibbard Swenson Co., Seattle, Wasnington, to same, Arctic Northwestern Siberia, 160,000 Russian roublos valued at approximately 116,000 United States, Granted. The letter of Viro, E. Peck & Company (1156) re shipment of gold to Venezuela read and ordered declined. American National Bank, for Gulf Export nnd Transportation Co., Beaumont, Texes,to Tampico Banking Co., Tampico, Me;,.., '1,000 silver and nickel coin. Grntod. 1219. H. H. Taliaferro, agent, Southern Pac. Ry., of Mexico, Naco, Arizona, to Mexican Collector of Customs, Mexico during March, .1918, 4125,000 gold coin. 1220. Granted. First Nati.onal Bank, Eaglo Paso, Texas, to John Finnigan Co., Piedras Negra .Mex., during month of March, 1918, $8,000 gold coin. 1221. Granted. Nacozari Railroad Co., Douglas, Arizona, during March, to same, Agua Prieta,. Mex., fil00,000 United States gold coin, or its equivalent in Mexican gold coin. Tabled. 1222. Stewart Hunt, Douglas, Arizona, to same, Mexico, $10,000 gold coin. 1223. Declined. First National Bunk, Eagle Pass, Toxas, to Continental Mexican Rubber Co., Piedras Negras, kexico, dur— ing month of March, 42,000 gold coin. 1224. Granted. Now York Representative Banque Belc:e pour l'Etranger, to Shanghai, 4135,000 (150,000 ozs) approximately, nilvsr bullion. 1225, Granted. William Schell i Co., New York to American Colonial Bank, San Juan, P. R., i;165:)1000 silver coin and paper currency except gold certificates. 1226. Granted. Watern Exprese Co., to itself in Canada, silver coin and paper currency except gold certificates, I02 Cnadie4n and iunoricaLl, to amount of $10,000during Marci 1913, Granted, 1227. Canadian PcificRy. Co., o ite1f in Canada, silver coin and paper currency except gold certificates, Cu adiun and Ams icun, to amount during Mareh, 1918. f Granted. At 11 A. M., the Conwitteeadjourxed. APPROVED: 100 000
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