Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, February 2, 1918, Volume 5, Part 1

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At a meeting of the Executive Committee of the
Federn1 Rererve Board held in the office of the Lord
on Saturday, February 2, 1S38, at 10:40 A. L.,
PRESENT:
Hnmlin,

Mr. Delam,

Millnr,

Mr. Willis, Secretftry.

Present also:

Mr. Strauss.

AulicrAions for permission to export coin, currency, or bullion, verc presented, with papers it_ collnicticn therewith, and acted upon as follows:
Lotter from Secretary of State to Governor Harding
dated January 30, to shipment cf gold to Eexice.

Read and

noted.
1042.

Jno. Finnigpr Co., Lrovnsville, Texas, to

C. L. Murphy, Matnrors, Mexico, 0.0,000 cold coin and
5,000 ppper currency.
, 1050.

Approved.

Sonora Bank 4: Trust Co., Nogales, to Southern

Pacific Ry., of Mexico, Mexicnn gold vnd silver coin to value.
of

47,000 Mexican valUs. .Granted for dutie

only, if anY;

currency for pay rolls.
10510

First Natioral Bank, Earle Fse, Texas, to

rmme, Fiecir!ir, Herr-as, Mexico, 1'15,000 morthly, currency except cold certifictltes.

Granted for February .




1052.

V. Guerra & Co., Laredo, Tex,J4, to A. G.

Fierros, Sues., Nov.' Laredo, Mexico, 0.0,0G0 ;od.
1053.

Granted.

Lnredo national Prink, Laredo, Texr:s, to

Collector of Custor,s, Nel! Lnredo, V_exico, during February.
M,000 gold coin.

Granted for export dutiee on goods to

United States.
1054..

First National Lank, Drownsvillu, Texar,

Collector of Custons, Matamorns, Mexico, during February,
lr.ati, $50,000 gold(coin.
l()55.

Granted.

The Tigre Lining Co., Douglas, Arizona, to

same, El Tigre, Mexico, during February.

t50,000 gold coin.

Crnnted.
1056.

First flational Lank, Logales, Lexie°, to Ceil-

eral Alvro Cbregon, Nognles, Y.exico,

80,000 gold coin.

Granted as to duties.
1057.

The Texas Company,,Houston, Texas, to snme,

Tampico, Mexico, ,15,000 gold coin and t25,000 paper currency except gold certificates.

Granted nr to currency;

declined ar to gold.
1058.

Mils,

Dallett e Co., Nev. York, to H. L.

Poulton t Co., Carne, Venezuela, 0200,000.
105
(
:),

Declined.

Mercantile Pnnk of the Ameriors, New York,

to American Mercantile rank of Caracns, $250,000 and to




Mercantile Overseas Corporation, Maracaibo, e100,000
United States Gold Coin.
1060.

Declined.

Chartered Bank of India, Atstrn1i.

China, Ne,.7. York, through Anglo t London Paris Lational
Bank, Stu! Francisco, to Chartered Bank of I. A. 6

C.,

Shanghai, 203,000 ounces silver bullion, valued f3189,c'00.
Granted.
1061,

Lionello Perera & Co., New York, to Co1oni4.

Bank, Kingston, Jamaica, ,1,425 (L300) English sliver.
Granted.
At 11;00 A..M., the Committee adjourned.
APPROVED:

4e-Acvdiffra)2Secretsry
Chairman