Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, March 16, 1918, 10:30 AM, Volume 5, Part 1

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At a meeting of the Gold Export Committee
of the Federal Reserve Board held in the office of
the Governor on Saturday, March 16, 1918, at 10:30
A. 1...T•
PRESIOT:
Mr. Harding, presiding,

Er. Miller,

Mr. Hamlin,

Mr. Willis, Secretary.

Applications for permission to export coin,
currency and bullion, with papers relating thereto,
were presented and acted upon as follows:
A letter from Department of State concerning correspondence with Richard J. Biggs, Jr., of
American Legation, Caracas, Venezuela, re shipment
of $1,500 gold monthly for payroll of Legation employees.

Noted.

A letter from First National Bank of Del
Rio, Texas, concerning shipments of gold to Mexico.
(See aleo 41376 below)

Referred to Mr. Strauss.

A letter from Leland & Myers asking extension 1141200 to April 30th.
1376.

First National Bank, Del Rio, Texas

to Mexico, 500 gold.
. 1377.

Granted.

Granted.

International Bankins. Corporation,

San Francisco, to Shanghai, '100,000 silver.
ed.

Grant-

1378.
-

M. Argueso & Co., New York, to Andres

G. Fierros, New Laredo, Mexico, ;100,000 gold coin
in shipments of '11,5J0 each.

Granted to May 1; new

application the.
1379.

Carlhian & Co., New York, to same,

Paris, France, 4;650 gold.
1380,

Declined,

National City Bank of New York to same,

Havana, $3,000, currency prior to May 1, 1918.
Granted.
1381.

Netherlands Minister for reshipment

of 132 casks containing 1,500,000 guilders (sliver)
via San Francisco to Netherlands Last Indies, same
having been received from Netherlands on steamer
New Amsterdam.

Granted unless Sate Department

objects.
1382.

Lnglo-Mexican Trading Co., Mexico,

to same, monthly, up to

j

tons fine silver bullion.

iluferred to Mr. Strauss.
1363.

Moctezuma Copper Co., Douglas, Ariz.

to same, Mexico, ;80,000 of which ;20,000 is to be
silver coin and ',60,000 paper currency except gold
certificates.
1384.

Granted.
Loctezuma Copper

Co., Douglas, Ariz.,

to same, Mexico, ;20,000 gold coin.
18th.



Tabled till




1366.

J. B. Havre & Co., San Francisco, to

same, Iazatlan, Mexico

20,000 gold coin monthly

0,000
during April, May, June, July and August (410
In aggregate).

Tabled until 18th.;

At 11:10 A. M., the Committee adjourned.
APPLOVED: