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At a meeting of the Executive Committee of the
Federal Reserve Board held in the Board Room, at 11:45
A. M., on Friday, November 16, 1917:
PRESENT:
Mr. Harding, presiding

Mr. Delano,

Mr. Varburg,

Mr. Willie, Secretary.

Present also:

Mr. Albert Strauss.

Applications for permission to export coin,
currency, and bullion and papers in connection therewith, were presented and acted upon as follows:
A letter from Mr. Strong to Governor Harding
relative to Exchange operations necessitated by gold
exports, was read and noted.
A letter from the American Metal Co., re their
application, No. 567, was read and noted.
A letter from Blancard 8; Co., referring to their
application for permission to export gold to Canada.
(#440) Granted.
A letter from Federal Reserve Bank of Boston,
with reference to the application of Ceo. M. Baker to
export

206 gold to Canada.

(#461) Granted.

A letter from the Secretnry of State transmitting a copy of a confidential dispatch of October 23,




1V7:?•:,

from American Ambassador at Mexico City, with enclosures.
Read and noted, and ordered circulated.
A letter from the Federal Reserve Bank of Boston,
with reference to the application, #462, of the John Hood
Company to export gold to Canada for dental purposes.
Granted.
A telegram from Alvarado Mining & Milling Co., requesting extension of their license 022 for additional
sixty days (Export of $65,000 gold to Parral, Mex.

grant-

ed October 3, for period of 40 days), and telegraphic recommendation of the Special Deputy Collector of Customs
at El Paso, that the request be granted.
582.

Ricardo M. Gonzales, to self, New Laredo,

Mex., $6,000 gold coin.
588.

Granted.

For reconsideration.

Granted.

Canadian Bank of Commerce, San Francisco,

Cal., to Bombay, approximqtely 1,200,000 ounces silver
bullion.

Granted.

589.

Thos. Cook & Son., Philadelphia, Pa., to

Canadian paper; Thos. Cook 6 Son., Montreal; Royal Bank
of Canada, Montreal; continuous shipments of amounts not
to exceed $500 at any one time, of Canadian notes and silver.
Granted.




590.

Atlas Jewelry Co., New York, to nacilio

Fernandez & Co., Mexico City.
591.

$347.92 gold jewelry.

Granted.

E. Tostman & Co., to A. Rodriquez S en C,

Csrdenas, Cuba, 6'105.09 gold jewelry.
593.

Granted.

E. Tostman & Co., New York, to Jose Fresno

& Co., Havana, Cuba.
592.

$250 gold jewelry.

Granted.

The Canadian Bank of Commerce, New York,

to Salo, Market Branch, Toronto, Caned, $2,000 gold in
mall bars.
594.

Declined.
The Farmers Loan & Trust Co., New York, to

Garriga-Nogues Sobrinos, Barcelona, Spain.
7nited States Gold coin.
595.

0100,000

Declined.

First National Bank, Nogales, Ariz., to

Topin Mining Co., Topitl, Mexico.
and minor coin.

$10,000 gold, silver

Declined, but wii,11 grant if needed for

government uses.
596.

First National Bank, Nogales, Ariz., to

Manuel Espinoza, Nogales, Mexico., $20,000 gold coin.
Granted so f.lr as needed for duties.
597 . First National Bank, Nogales, Ariz., to
Almada Sugnr Refineries Co., Culincan, Mex., $10,000
gold, silver and minor coin.
for duties only.




Granted so far as needed

598.

First National Bark of Lrownsvill , Texas,

to Collector of Customs, Matamoras,

Mex., $25,000 during

November and $50,000 during December, gold coin.
599.

Granted.

Nacozari Railroad Company, Douglas, Ariz.,

to same, Ague. Prieta, Mex., during month of December, 1917,
t100,000 United States gold coin, or its equivalent in
Mexican Fold coin.
600.

Granted.

Nogales National Bank for State Government

of Sonora, to State Government of Sonora, Mexico, ',100,000
gold coin, silver currency, during month of Noveaber.
(See #550) Granted.




601.

Argentine kilbassador through the Hibernia

Bank of New Orlenns, to the Comwinder of the Argentine
Training Ship SARNIENTO the sum of V72,000, of which
,,50,000 is to be paid in gold. (Ambassador states the
ship in question is leaving New Orleans tomorrow or next
dny). (Received by telephone by R. R. B.) Granted.
At 12:25 P. M., the meeting adjourned.
APPROVED:

Secretar›--__
Chairman.