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1076 At a meeting of the Gold .Y.xport Committee of the iederal Reserve Board held in the office of the Board on Wednesday, June 19, 1918, at 10:35 A.L., PaS4NT: Miller, presiding, * Secretary. ?resent also: 2.1r. Strauss. Lpplications for permission to export coin, bullion and currency, with papers relative thereto, were presented and acted upon as follows: Telegram from L. A. Hatton asking permission to imoort 400,000 bank bills with privilege of exporting like amount if necessary to Mexico; also inquiry as to action taken on application of First National Bank of Del Rio to export $400 gold to Mexico for account of Otilo Rodriguez (2136, granted June 17th and telegraphic advice given Dallas Bank on same date). Granted. Letter from Federal Reserve Bank of rew York acknowledging letter from Board re inquiry of Handy & Harman as toBoard's policy on applications for export of United States gold to Canada in payment for nglish sovereigns. Noted. Letter from Federal :Reserve Bank of Boston enclosing letter from U. S. Smelting, Refining Mining Co., re :;16o,no gold recently released for them. Proof to be submitted as most convenient. Letter from Federal Reserve Bank of Boston re blanket licenses to ship currency to foreign countries. Referred to Mr. Strauss (papers in his hands). Letter from Federal Reserve Bank of Dallas transmitting data re application Yo. 1932, requesting Denike to ship ,1 20,u00 gold coin to permission for E. A. Villareal, Monterrey, Mexico; application declined May 24th. Read and referred to Mr. Strauss (papers in his hands). Letter from Canadian ar Mission acknowledging Board's letter re export of bank notes to Holland. Noted. A letter from :.ar Trade Board of June 18th, re importation of coin, bullion, and currency. Noted. A letter from War Trade Board, enclosing correspondence re licenses for pursers of vessels for coin and currency (Letter from H. B. Thomas e Co.) Say 2edera1 Reserve Banks have power to grant license. 2144. J. G. Garcia, Brownsville, Texas, to Mexico, $10,000 silver. Granted. -1(Y78 2145. Bank of L:ovia Scotia, Boston to same, nontroal, ::5,000 paper currency except gold or silver certificates. 2140. Granted. United Fruit Co., Boston, Mass., to same, Santa Marta, Colombia, ;740,000 weekly beginning July 3d, paper currency except gold or silver certificates. Granted. 2147. Texas, to same, Louis Fenchler, El 1o, -. Juarez, I:exico, ':;A00. paper currency except.gold or silver certificates and ''"g30 geld coin. 2148. Tabled. Taylor Brothers, El Paso, Texas, to Administrator of Juarez, Customs House, " . Juarez, 'exico, .;,3,50o gold coin. 2149. Penn nex. Fuel Co., New York, to same, Tuxpam, Mexico, coin. Granted. 35,000 paper currency and subsidiary Granted. 2150. Kountze Bros., New York, to Banco Territorial y Agricola de Puerto Rico, San Juan, ?..1- , 2,800 nickels and pennies. Referred to Mr. Strauss. (2apers in his hands). 2151. Kountze Bros., Yew York, to Banco Territorial y Agricola de Puerto Rico, :,an Juan, P. $.5,000 paper currency (1.00 bills). Granted. 1079 2152. Chase National Bank, New York, to Royal Bank of Canada, Camaguey, Cuba, 4100,000 paper currency except gold or silver certificates. 2153. Granted. Chase National Bank, New York, to Royal Bank of Canada, Cie,3o de Avila, Cuba, 4100,000 paper currency except gold or silver certificates. 2154. Royal Bank of Canada, New York, to same, ::ontreal, Canada, ,5,825 gold. 2155. Grunted. Granted. United Metals Selling Co., New York, to "Order notify L:ocatta & Goldsmid, London," approximately 500,000 silver bullion. Granted. L letter addressed to the jecretary of ..;tate by the JecKetary of the Treasury re the policy to be pursued re shipments of gold to ::iexico was read and noted. Assistant secretary Rowe entered the meeting and presented various views as to the South American exchange situation. At 11:12 A.M., the meeting adjourned. APPROVAO: 111174-96:: :1 . 76 4 7 477 „,ecretary, Chairman. —
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