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At a meeting of the Executive Cormittee of the
Federal Reserve

Boerd held in the Board Room, on Wed-

nesday, November 14, 1917, at 12:00 noon:
PRESENT:
Mr. Harding, presiding

Mr. Delano,

Mr. Warburg,

rr. Willis, Secretary.

Present also:

Mr. Strauss,

Applications !or permission to export coin,
hul;ion and cu,*rency and papers in connection therewith
were presented and acted upon ns follows:
A wire from the American Consul General at Christiania was read and noted.
A letter from Messrs. La Blanc and Oeterheld of
New York offering cooperation as to gold and silver shipments, was read and ordered acknowledged.
A letter from Counsel, with enclosures, relative
to administrative procedure under Trading With the Enemy
Act - noted and ordered circulated.
A report from the Spanish agent of the Mercantile
Bank of the Americas, re peseta values, was read and noted.
571.

Handy & Harman, to Mocatta & Goldsmid, London,

$52,000 silver bullion.

Granted.

572. Handy & Harmnn, New York to lickett & Smith Co.,
Toronto, Canada. 4400 bur or ribbon gold. Granted.

573.

J. S. Smith, New York, to Eduardo Sosa y

Ca, Sucre, S en C., Progresso, 420,000 gold coin.
Granted as to duties, refused as to payrolls.
574.

Chase National Bank, New York, to Royal

Bank of'Canada, San Pedro de Macoris, R. D.,
United States paper currency.
575.

32,O00

Granted.

Chase National Prink, New York to Royal

Bank of Canada, Santiago Cuba, by registered mail,
t2,000 paper currency.
576.

Granted.

Chase Naticnal Bank, New York to Royal

Bank of Canada, Caibaren, Cuba,

25,000 paper currency.

Granted.
577.

Chemical National Bank, New York, to

Pombo Hermanos, Cartegena, Colombia, S. A., $100,000
gold coin.

Declined.

578.

Javasche Bank through Wells *Fargo Nevada

N. B., San Francisco to Javasche Bank, Batavia, Java,
$248,600 gold coin.

Granted.

579, United Fruit Co., New Orleans, to Swan
Island Commercial Co., Swan Island, about $1200 currency.

Granted.
580.

First

National Bank of Nogales, $6500

gold to Palmarito Leasing Co., Mexico.

o,




Granted.

(VC‘cit




581.

Mexico — Arizona Trading Co., t20,000 gold

and silver coin to Mexico.
582.

Declined.

R. H. Gonzalez $6 000 gold to biexico.

The

Socretmry was instricted to investigate the need for tte

rubber, the matter to oe tabled meanvhile.
The question of the gold claimed as earmarked by
the American Exchange National Bank for the Cnn diar Pnnk
of Commerce

and the release of the same, was discussed,

and the Governor authorized to permit the exportation of
the money, without counting such ewn as part of the
$251000,000 rihose shipment hnd been ).1ready arranged on
behalf of the Canadian trinkers jointly.
At 12:35 P. M. the Committee adjourned.
APPROVED:

Chairman.