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At a meeting of the Executivo Committee of the
Federal Reserve Board.held in the office of the Board
on Friday,

February 8, 118, at 10:35,

PRESENT:
Ur. Wi2lis Secretary.

Mr. Hamlin,
Mr. :liner,
Present also:

Mr. Kent and !fr. Straus.

Applicntiors for permission to export coin,
currency and bullion, with papers in corrsctior therewith, were presented and acted upon as follows:
A letter from the Unitca Statef Smelting, Refining and Mining Co., dated February 6, re shipment
of 0.40,000 gold under License No. 1046.

Read and

noted.
A letter from Federal Reserw Bank of Sax;
Francisco, inc1os4ng a copy of a letter from laello
Fargo Nevada National Bank, making inquiry concerning
imports of Fold into United States and shipments to
Javasche Bank of proceeas.

Road and referred to Mr.

Strauss, but say that gold n,y he shipped against gold.
A letter from Standard Oil Co., making in quiry concerning policy of the Boar( with respect to
pernitting shipmentr by them of silver coin to :lexico.




Approved.
A letter from E. H. Clark, roturniug license
961 for Mrs. P. A. Heart, to export 1:0,000 Liexican
silver dollars to Mexico.

Read and noted.

A photostat copy of letter from Potrero Min2,ng
Co., datedA January 20-, ni;.dresce0 to Federal Leserve
Lank of Dallas, re their exports of gold to Mexico.
Read and noted; Secretary directed to write that bond
may be given to cover ure of money alloyed for export.
United Metals Selling Co., New York, to

1091.

Internntioral Bankinv Corporation of New York, London,
England, during next two weeks, approximately ')450,000
silver bullion.

Oranted.

Kountze Brothers, iew York, throuL:h
Laredo National Bank, Laredo, Tex,lo, to C. Diaz Caballos
en C

Suer., n-,:xico City, :6,000 gold coin.
1093.

Cr)
,nted.

First National Bank Nogales, to Potrero

Mining Co., Nogales, Mexico, during February, :!.20,000
gold coin.

Approved.
First National Bank, Nogales, Arizona,

to Manuel E pinoza, Nogales, 1,:exico, :30,000 gold coin
durinr February.
1095.

Granted.

The Tigre Mining Co., Douglas, Arizona,




to same, El Tigre, Mexico, during February,

25,000

0,000 ir to be pRpor currency and $5,000

of which

silver coin.
1096.

Tabled pending more information.
Conley

Straight', Philadelphia, Pa.,

to H,4 A. Saunderr, Toronto, C,aiada, $285 silver bullion.
Crnnted.
1097.

TOMEI:, O'Conor, Laredo, Texas, to Laredo,

Mexico, t5,000 gold coin.

(Referred byliar Trnde roard.)

Referred back tc
At 11:10 A. 1J., the Committee adjourned.
AITROVED:

Secretary
Chairman