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At a meeting of the Executive Committee of the
Federal Reserve Board held in the office of the Board
on December 3, 1917, at 10:45 L. M.,
PRESENT:
Mr. Harding, presiding,
Mr. Hamlit,
Mr. 77arburg,
Mr. Nil-is, Secretary.
Present also:
Mr. Strauss.
A letter from Lawrence Turner
& Co., re sight
draft drawn by H. Upmann & Co., of Havana on National
?*75,000 forwarded for collecPark Bank, New York, for ,,
tion by Y. Gelats (9 Co., Havana,
Leferred to the
Bureau of Enemy Trade.
706t.
Letter from Federal Reserve Bank of New
York transmitting letter of American Express Co., re
their application to export 03,000 gold coin to Italy.
Declined.
707.
Canadian Bank of Commerce, San Francisco,
to Mint Master Calcutta, 1,500,000 ounces, ap)roximately, silver bullion via steamer sailing December 5 ("Are
advice requested).
70E3.
Granted.
Casco Mercantile Trust Col, Portland, Le.,
to Bank of Toronto, Montreal, Canada, i;12,000 weekly coin
and currency.
Granted, except as to gold.
709.
L. V. Rubenstein, New York, to D. C.
Etienne, Tampico, Mexico gold rings $75.
71G.
Granted.
Graham Hinkley & Co., New York, to
Antonio Eenulta, Vera Cruz.
$5,600 gold coin.
Granted.
711.
Abel Bros. & Co., New York, to A & S
Campignon, Havana, .11625.35 (gold value :;2.80) jewelry.
Granted; subject to review by the War Trade Board.
712.
National Bank of Cohoes, New York, to
Luis Shearer, Montreal, Canada, $1,000 nickels.
Note 1.
Granted.
Noted, and agreed to ask the Federal
Reserve Banks of Dallas and San Francisco to discuss the
question of travellers gold exports to Mexico,
ith mem-
ber banks.
Note 2.
Read and agreed that the Secretary send
the usual reply on this subject, and also inform the
Bureau of Enemy Trade.
713.
Yokohama Specia Bank, New York, to same,
Shanghai, •;1
1 606.012.36 silver bullion.
714.
Granted.
E. Denike, to Santa Gertrudis, Co.,
Montreal, 117 bars silver, value $103,244.
715.
Granted.
Handy & Harman, New York, to Canadian seam-
less Vi& Co., Toronto, .3,000 United. States Mint Bars.
Referred to Canadian Bankers Association.
716.
r.
J. S. Barrera & Cia, Laredo, Texas, to same,
Laredo, 'Mexico, :310,000 United States Gold coin.
Re-
quested that application be made in the usual way through
the Dallas Bank.
717.
National City Bank, Ye:; York, federal Re-
serve Bank, Dallas, Texas, Ani710 S. London Paris National
Bank, San Francisco, any one or all, to F. 2. Jennings,
Mexico, City. $280,000 United States gold coin.
718.
Granted.
Canadian Bank of Commerce, San francisco,
to Mint Master, Calcutta, December 5, approximately
$565,000 (836,000 Mexican dollars) silver.
719.
Granted.
Handy (5 Harman, New York, to A. Lapp/as,
Buenos Aires, Argentine, '600 commercial grain silver.
Granted.
720.
to Spain.
S. S. White Dental Co., )225 dental gold
Granted.
A letter from Mr. A. Simon to Mr. Warburi; re application of the Campagnie du Boleo (To.621,) was read
and granted.
Mr. Warburg reported the situation as to transfers to Argentine, and the substance of negotiations on
the subject.
at 11:2C the Committee adjourned.
APPROVED:
Chairman.
@FedFRASER