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1094




At a meeting of the Gold Export Committee of
the Federal 1-,eserve Board held in the office of the
Board on 2riday, June El, i118, at 10:35
PELSENT:
Mr

2.1r. 7.arburg, presiding,

Ullis, Secretary.

Lir. Miller,
Present also: Mr. „Arauss, Mr. Kent.
.pplications for permission to export coin, bullion
and currency, with papers relative thereto, were presented
and acted upon as follows:
Application of Thomas Cook &

on for permission to

export foreign currency not to exceed $200,000 monthly to
various correspondents, (lo.2131); tabled June 20th (papers
in hands of 1:a.. Strauss).
Telocram from L. A. Hatton, Del Rio, Texas, re application No.2144- for permission to import „;100,000 currency from Mexico for re-export.

(Papers attached).

Noted

and approved.
Letter from Handy & Harman re their application

O.

2129 for permission to export •7,000 silver bullion to Sutter
& Co., ileurier, jwitzeriand.

Referred to Secretary for replY'

Letter from Standard Oil Company asking permission to
increase their monthly shipments of currency to Mexico from
4;10,000 to'415,000.

Approved.




1096
•

Letter from Federal Trade Conaission
DeLancey Howe of Boston

transmitting letter from

enclosing letter from :Ir. Phillips re shipment of
funds to Dr. and Hrs. Henry

Hilburn, Interlaken,

Switzerland. '..Toted; remittance a,thorized.
Letter from Huasteca Petroleum Co. asking
hearing re their application for permission to export
112,000 gold to :,:exico.

Secretary to reply that

Board will hear the men on the 25th.
Letter from Federal r.eserve Bank of San Francisco re ,permission granted by it to 'Yaddy Hampton
Hudson to carry ,;;4 cold coin to China.

Noted.

Letter from Federal Reserve Bank of Dallas
enclosing letter from 1,:x. Villareal re application of
Denike, Laredo, Texas (14o.1932) for permission to
export ,I20,00U gold to E.A.Villareal, .Lonterrey,
Referred to Hr. Strauss June 19th.
21G5.

Declined.

A. E. Donelson, 7orwood, Lissouri, to

A.L.Lindholm, Edmington, Liberta, Canada, .4,340 paper
currency except :cpid or silver certificates.

rot

re-

fused, but say customer should buy draft.
2166.

Llaitland, Cpppell & Co., New York, by

mail to Banco del L.cuador, Guayaquil, ?5,000 paper cur-

1096




rency except gold or silver certificates.
2167.

Granted.

Bank of British North America, New

York by mail to some, Haniltot, Ontario, Canada,
,1,000 paper currency except gold certificates. Granted.
2168.

Eduardo Higginson, Consul General of

Peru, Callao, Peru, through Booth & Co., Inc., New
York to Tesoreria Fiscal de Loreto, Iquitos, 2oru,
48,500 Peruvian 10 and 20 cent nickel coins.

Tabled

(Mr. Strauss has papers).
2169.

Handy (3. Harman, New York, through ;lolls

Fargo & Co., San Francisco, to Master of Mint, Calcutta, India, ;42,000,000.
2170.

Granted.

National Park Bank, New York, through

E. Denike, Laredo, Texas, to regociacion Minera de San
Rafael y Anexas, Mexico City. Mexico, :48,000 gold.
Granted.
2171.

eirst rational Bank, Boston, Mass. to

National Bank of Cuba, Havana,

50,000 silver certificates.

Granted but request effort to get legal tender notes instead. 2172.

Walter M. Flint, Plymouth, N. H., to

Charles H. Ferret, Milden, Sask., Canada,600 bills
(partly U.S., partly Canadian and bank).

Granted.




097

2173.

Russell, 1-3ennington & Rose, Del Rio,

Texas, to Mexican Customs Officials, Villa Acuna,
Lexico,

Z,OOO gold.
2174.

Granted.

Ildefonso Salido, Nogales, Arizona to

samo, Nogales, Mexico, :,1,40,000 paper currency ox
gold or silver certificates.
2175.

pt

Granted.

G. Lopez and Cia., Laredo, Texas, to

Collector of Customs, ruevo Laredo, Mexico, „;22,560
gold coin.

GrLnted.

2176.

The first rational Bank, Nogales, Ariz.

to H. Ahumada, Nogales, Sonora, Mexico, ,50,000 gold
coin.

Decline.
-2177.

Milmo National Bank and Laredo National

Bank, Laredo, Texas, to International Brokerage Co.,
ruevo Laredo, Mexico, for A",..S.florian, .10,000 gold
during June and July.

Referred to Mr. Strauss (papers

in his hands).
2178.

41.1ias Commercial Co., Douglas, Arizona

to same, Aeua Prieta, Mexico, p!)
- 000 gold.

Refer back

for specific application.
217-1.

Juan M. Garcia, Laredo, Texas, to same,

Nuevo Laredo, Mexico, ,31,000 gold coin.
2180.

Granted.

First National Bank, Nogales, Arizona,




to H. Ahumada, Nogales, Mexico, .400,000 paper currency except gold or silver certificates and .-1;25,000
silver coin (4125,000 total).
2181.

Granted.

State rational Bank, 1;.i Paso, Texas,

to Cananea Cattle Co., Naco, Sonora, Mexico, .10,270 _
gold coin.

Granted.

2182.

Bowman :lercantile Co., Nogales, Ariiona,

to same, Nogales, :.:exico, ,i;0,0.)0 silver coin (dollars
and half dollars).
2183.

Granted.

Lacaud and Son, San .antonio, Texas,

from Laredo, Texas, to Lacaud u Hijo, Idexico City,
$13,000 gold.
2184.

Granted.
?arra' & Durango Railroad Company, El

Paso, Texas, to Gerald E. Norton, Agent, Durango, State
of Durango, Mexico, $2,030 gold coin.

(Application made

by this company on June 15th was declined.
was filed direct.
2185.

Papers attached).

Lpplication

Declined.

Toyo Kisen Xaisha Steamship Co., San

Francisco on steamer en route to New York, ;)3,000 currency.
Granted.
2131.

Granted except $5,000 per month to Buenos

sires.
letter from Harold 7:alker re an application for
A,




gold to Tampico and asking a
intant.
it 11:40 A.:!., the meeting adjourned.

Chairman.