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At a meeting of the Gold
'
,port Committee of the Federal Reserve Board held in the
office of the Board on Friday, June 28, 1918, at
10:40
?RiSENT:
Mr. ;a.rburg, presiding,,
Mr. willis. Score
V.
Present also: Llr. Strauss, Mr. Kent.
Applications for permission to export coin,
bullion and currency, with papers relative thereto,
were presented and acted upon as follows:
Telegram from Federal Eeserve Bank of San
Francisco re purchases of silver by Hongkong &
Shanghai Banking Corporation.
Noted; Secretary to
reply.
Memorandum of Mr. Strauss re letter written
by Captain Dulles to Board re importations of silver
and gold.
Read and noted.
Dulles' letter ordered
filed.
Proposed letter to Federal Reserve Bank of
7ew York re application
ro.
2003 filed by Farmers
Loan & Trust Company on behalf of 7. E. Fenno for Armenian and Syrian Relief; declined May 31st; reconsidered and tabled June 27th.
Declination affirmed.
Letter from Federal Reserve Bank of Boston
4
:i163
transmitting letter from U.S.SmeltinL;,
inin
t
:iefining Co. re their importations of silver from Mexico.
Yoted.
itus, Customs Agent,
Application of rat. R.
an Diego ,t Arizona Railway Company to ship to
California for ..;an Diego
Mexican Government of ....ca.or
(c- Arizona Railway Co., gold coin or United ...tates durrency not to exceed 4:;2,000 monthly.
(No.2226).
Granted in currency.
:Letter from iederal Reserve sank of Now York
enclosing letter from Lquitable crust Co. re license
No. 1971, requesting extension of time for completion
LX shipment.
Granted.
L letter from Federal Reserve Bank
York inclosing letter from Handy
of New
Harman, requesting
extension of time for shipments under licenses No .
1402-A72; 1436-A-74; 1450-03.
Granted.
A letter from Graham Hinckley & Co., inclosing
receipt of Mexican Customs House, Vora Cruz, for fe ,160
paid by Antonio Eevulta.
letter from
Noted.
xt. Hatton, Cashier, 2irst
1:ational Bank, 1o1 Rio, Texas, re license ro.
Granted for six months.
1161
letter from Llercantile Bank of the
Americas, re shipment - of goldto Columbia and from
Colombia to United (tatos under terms of license
No. 1837 (No. 2163 being a request for extension
of time for return of gold to United States).
4rite
and state letter is license.
' letter from Federal Reserve Bank of New
-York transmitting letter from Co. Porto Rico 3I4Tar
Company, requesting extension of time for completion
of shipments under license No. 2194.
Granted.
letter from Federal Reserve Bank
of New
York re application of Consul General of ileru to ship
nickel coins to Peru (No. 2168).
Tabled - suggest
temporary postponement.
29. Guttag Brothers, New York, to Farmers
•
Loan & Trust Co., Paris, 17 Belgian currency,
2230.
Granted.
Thos. Cook & Son, New York to same,
Canada, also to Royal Bank of Canada, and Alloway &
Champion, both in Canada, Canadian and foreign currency
except i- ussian currency, up to '30,000 per month. Gramtedi
2231.
Royal Bank of Canada, New York, to same,
Montreal, Canada, during July, :291,045.24 gold coin.
Granted.
el M. Luis, ilogales, to Ilexican
Customs House, Toga1s, Me:dco, during June
na July,
'il56,UOU (100,00U; gold ,;,;50,000 paper currency).
Granted ...:50,JUO cold.
2253..
Gulf export 4, Transportation_Zo.,
e u- -
mont, Texas, to The Tampico Banking Co., Tumpico, Lexie°,
during July, ;,7;,1,00U silver and niCel coins.
Granted.
Harrison 5 Gray, rogales, .urizona, to
Lexie:an Customs House, during Juno and July, 1910,
10,000 gold.
Granted.
The Tigre 1:ining Co., Douglas, ;,rizona,
to same, -1 Tigre, Eexico, during July, ,?5,,,kv silver
coin and
20,000 paper currency except gold or silver
certificates (v25,uoU in all).
223C).
Granted.
ro,,ales :ationai Bank, Noales,
to J. E. 2aredes, Nogales, :exico, during July,
gold.
2,0e
Granted.
2237.
Lagle xlass Lumber Co., 14agle Pass, Texas,
to Lexican Customs Collector, iqedras, ::eras, Ee.d.co,
re5,U U gold coin.
2238.
Granted.
first Rational Bank, Rosales, _rizona,
to United ..tates Graphite Co., Nogales, Eexico, during
July and Lugust, .5.,0v.clarrency except gold or silter
certificate's, and ,e2u0 silver coin.
Granted.
1
2239.
Estrada Lumber Co., Eagle Pass,
Texas, to same, Piedras, Negras, Llexico, ,3,000
gold.
Granted. .
2240.
United Fruit Co., Boston, frc) samo,
Santa:I.:arta, Colombia, ,T,10,000 weekly throughout
- July, gold coin.
2241.
Declined - refer.to hr. Kent.
Pan-AmerimaTrading Co., 1TQW York to -
Empresa de Autobuses de Barranquilla, Barranquilla,
Colombia,91.00 medals, gold, silver, brass, and
silver plate.
2212.
Granted.
L. Vogelstoin & Co., Inc., row York
to Llocatta & Goldsmid, London, 1;',50,000 silver.
Granted.
2243.
illiam Schall & Co., Now York to
American Colonial Bank, San Juan and/or branches in
Llayaguez, Arecibo, Caguas, ::,,;600,000 paper currency except gold or silver certificates and 450,000 subsidiary
coin (not more than ,;2,500 nickels and3,00(') pennies).
Granted.
2244.
,:tandard Oil Co., New York to Campania
i etroloo, Tampico, !A,000 sUbsidiary
Transcontinental de )
coin from Baltimore.
2245.
Granted.
lAandard Oil Co., as above, ,'?5,000 paper
currency except gold or silver certificates.
2246.
Granted.
Standard Oil Company, New York to same,
_67
Tampico, ;06 Uo0 paper currency except gold or
silver certificates from Btltimore.
7.
Granted.
Bliss, Dallott & Co., rew York to
'10,ak)0 gold
'..;ons, Curacao,
lined.
coin.
Eiuitable Trust Co. letter to Federal Reserve
Bank of rew York, June 25th, re reshipments of L;o.
to Colombia, Mexico or shanghai.
,P-reed to 1.,Tant
for Lexico but ordered a,„Idlicatior made in usual way
before licensing.
Lotter from secret ..;ervice re gold shipped
in bond.
Lead and noted.
2roposed letter to Food
dministration OK'd
ordered sent.
11:Z0
Chairman.
the meetinc
@FedFRASER