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2,t a meeting of the Lxecutive Committee of the
Federal Reserve Board held in the Board Room on ?riday,
December 14, 1917, at 10.30 a.m.,
PRESENT:
Mr. darbarg.

Mr. Laths, Secretary

•
Present also, La.. Strauss and :Ir. Kent.
Applications for permission to export coin, currency and bullion, together with papers in .connection therewith were presented and acted upon as follows:
A letter from Lacaud e Hijo, Eexico, re their recent request for permission to export gold to Tlexico.
A

ists.

Noted.

letter from ,:esley ,:%it re use of gold by dent-

dead and noted.
Granted.

760.

Booth & Co., New York, 4a5,000 gold.

766.

Standard Oil Jo., New York, to same, Tampico,

6,030 currency.
767.

Granted.

Standard Oil Company, New York, to same, -am-

pico, p!6,000 currency.

Granted.

768.

Blank number.

789.

Standard Oil Company, to same Tampico, .;16,000

currency.

Granted.

790.

National City Bank, New York, to same, Val-

paraiso,

750,000 0:o1d bars.

Declined; anless a part of

the allowance for the Dupont Co.
791. 'I..Johnston, ',„iredo, Tex., to _lastoms Hose,
New Laredo, Llexico, 1350,000 gold coin.

aranted for 0),350.

Royal Bank of Canada, ::ew York, to same, Tor-

792.

onto, 1;55,000 gold bars.

Declined.

J.L.Ney Jo., Hartford, Conn., to the Dental

793.

Jo. of Canada, Ltd., lontreal, Canada, .386 dental ;old
plate.

defer to the .:ar Trade Board.
794. ,_ndreas Pacheco, Brownsville, Tex., to same,

1:atamoras, Mex.,

3,000 sold coin.

quasteca Potrolew

795.

3ranted.

Co., to same, Tampico,

diring month of December, 1917, from Forts n-med, at unstated
intervals, aggregate of w15,000 ;old coin.

Granted.

r.:octezama Copper Co., daring month of December,

796.

from Dols, Lrizona, to same, ::acozari,
,:old coin.

412J,000

Granted for so maJh as the Dallas Bank may find

to be needed for duties and taxes.
797.

Mexican aalf Oil Jo., Houston, Texas, to same,

Tampico, Mexico, via steamer sailing December 15, from Port
Arthur, .25,000 gold, and 4i5,000 silver coin.




796.

aranted.

J.D.Donato, Brownsville, to same, :atamoras,




:j.ex., 410,000 national bank notes.
799.

The Tigre Ilining

Granted.

o., Dougals, 4rizona, to

same, Sonora, Lexica, during month of December, 1917,
445,000 gold coin.

Granted, 425,000 gold, and ;0,000

notes.
Voted to authorize postmasters to authorize or permit the transmission of parer currency except ;old certificates, by registered mail to men on battlesnips, at naval
stations and in the expeditionary force.
Li-. Strauss stated results of a conference “ith
various Senators and mining representatives re the use of
silver behind certificates.

'LINO conditions were neces-

sary, the fixing of the price of silver at one dollar, and
the making of purchases.
41.t 11.25 a.m. the Jommittee adjourned.
LPPXT.D:

Ch4irman.