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28 a meeting of the Executive Jommittee of the Aderal ileserve Board held in the office of the Board on Tuecday, January 8, at 10.30 a.m., .;arburg, Mr. willis, Secretary. Mr. Hamlin, Present also, Mr. Strauss. Applications for permission to export coin, currency or bullion, together with papers in connection thereaith were presented and acted upon as follows: A letter from the First National Bank of roles, concerning their applications for permission to export coin, currency and bullion to Mexico. roted. letter from the Jommercial Bunk of Spanish America, Ltd., re deposit of ;s25,000 on behalf of2'eravian Liovernment, as security aainst note issue. Aefer toIr. Rent over telephone, asking whether proposed plan is foi earmarking. - letter from tao Federal deserve Bank of Dallas, re aPplication of J. M. .;avasos (885) to export gold to Mexico, and other matters. A letter from Argentine Jonsal General Perez re shipment of .,;i6,000 O. 656. to Argentine authorized under license pproved. A letter from Dr. Lansen, re export of silver toNorway. Tabled. ?irst National Bank, Nogales, to Aedo & CO., El 921. Dorado, f.!ex., .45,000 silver and minor COin weekly for eight successive weeks. Chase National Bank to Royal Bank of Canada, 922. C1eo de ;.vila 923. Approved. Cuba, „;;30,000 cy. Granted. National City Bank, 7.Y., for Bunco de la Lacion, Bolivina, 1,a Paz, to earmark „:470,000 coin. Declined. 924. Handy & Harman, N.Y., to :ocatta & Goldsmid, London, :200,000 silver bullion. 925. Granted. El Potosi Lining Co., to Irlexico, 450,000 sold coin daring month of January. Granted for 415,000, rest in currency. 926. The Campeche Laguna Corporation, New York, to The Laguna Corporation, Carrcn, Campeche, r:ex., January 7, 1918, 46,000 gold, silver and currency. 927. un Compania I.:etalur3loa YieLicana, Laredo, Texas, T. Ambridge, Asst. Treas., Cia Lietalurgica, V.exicana, Lexico City, ,125,000 gold coin. Granted. Granted. • ) 928. Lontezut.' Lead Jo., El Paso, Texas, to . G. Dafourcq, Supt., L:ontezuma Lead Jo., Juarez, 71ex., .;"9,000 gold coin. .1ranted. In reply to Jongrer man Lone n as to whether the Board still desires gold payments in exchange for dental gold exported, the Secretary was directed to s-, that the decision must depend largely ..on the balance of such shipments applied for. If they should become too large, gold payments might have to be exacted; at. present it is not thought best to be over-strinent on requireirtents. it 10.45 a.m. the Jommittee adjourned. :,PPaUVED:
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