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At a meeting of the Gold xport Coranittee of the Federal Reserve Board held in the office of the Board on Monday, June 24, 1918, at 10:30 PRESENT: Mr. Warburg, presiding, L:r. Adelson, Asst. .Jecrctry. Mr. Miller, Present also: Lr. trauss. Ipplications for permission to export coin, bullion and currency, with papers relative thereto, were presented and acted upon as follows: lipplication of Huasteca 2etroleum Co., New York for permission to ship :;112,000 gold coin to Tampico, ilexico, (No.2186, tabled June 22d). Tabled. Letter from Federal Reserve Bank of Tow York enclosing letter from I,:essrs. Guttac Brothers asking for a general permit to export Italian and French currency and English currency and silver to Canada (tabled June 22d). (Refused) -ite. Letter from Federal Reserve Bank of row York enclosing letter from :::essrs. Thos. Cook S4 on ru their ap- plication (No. 2131) for permission to ship 4>200,0JU foreign currency to various correspondents of theirs in foreign countries (application granted June 20th for „;l95,000, the _5,JuJ to Buenos Aires having been declined). Noted, Jecretary to write. Letter from First National Bank of Douglas, Ariz. re applications of H. hivora to export gold toL'Itaxico (papers attached). Tabled; look into. Letter from 1:ercantile Bank of the Americas re their application for permission to export ,:?Eu0,0u0 6)1d to Colombia (papers herewith). Original understanding correct. Letter from National City Bank re their licenses for shipment of silver to 7orway, asking extension of time to include July. Granted. Letter from Federal Reserve Bank of New York reporting licenses granted by it for export of coin and currency. Noted. Letter from LIer3antile Bank of the Americas re importation of gold and silver bullion. Noted; Secre- tary to reply. Letter from 77ar Trade Board enclosing resolution re the Jociete Juisse de Surveillance Economique. Noted; Secretary to send copies to :-ei; York, .?oston, and Philadelphia. Letter from Federal heserve Bunk of Chicago re regulations governing exportation of coin, bullion and currency on persons of travellers. Tabled. Letter from Hatton, Del Rio, Texas, re importation of )1u0,0y0 paper currency from Mexico, same to be exported within 30 days, (:o.2143 -),license issued June 21st. Noted; Secretary to acknowledge and write to concerns in Tampico district suggesting that they get in touch with Del Rio. Letter from Department of State enclosing copy of despatch from Honorable Henry P. Fletcher, Ambassador tO Mexico, 1-4 gold shipments to Tampico district. Noted. Telegram from Alvarado Mining & Milling Co. asking that license No.2034 be amended so as to permit exportation of 4 pieces. Granted; 4,000 nickel pieces. 'Letter from Consulate General of Peru at Newl York transmitting application for permission to export 48,500 Peruvian 1(4 and 2W pieces from New York, 2168). (No. Secretary to refer to Mr. Cent and write letter. Letter from AssistL,nt Secretary of the Treasury Rowe re shipment of silver money .of Venezuela coined at the Philadelphia mint to Venezuela. Noted; Secretary to write. Telegram from Governol*Lynch of San Francisco re purchases of silver by Hongkong & ation. hanghai Banking Corpor- Noted; Secretary to telegraph. Letter addressed to Mr. ii1er by la.. Colville Barclay of the British Embassy re increasing demand in IIB Europe for British Treasury and Bank of 1.,nL:land notes. Noted; Secretary to write giving full in- formation and sending ciroulars. Application of International Brokerage Co., (No.2177) to export ;10,000 gold coin to same, ::exicu, through L.ilmo National Bank, Laredo, Texas. 2194. Granted. South 2orto Rico Sugar Co., New York to Central Romana, La Eomana, Dominion Republic, 1..)0,000 paper currency except gold or silver certificates. 2195. Granted. Handy & Harman, New York to Canadian cus- tomers, not to exceed 50,0y0 ounces silver bullion. 2196. Granted. Handy & Harman, New York to Canadian custo- mers, not to exceed 50,000 ounces silver bullion from Bridgeport, Conn. 2197. Granted. Handy & Harman, New York to Mo atta & Gold- smid, London, ;2,000,000 silver bullion. 21'..)8. Granted. Handy & Harman, New York to Carl M. Cohrs, Copenhagen, Denmark, 4)17,000 silver bullion. Referred to fiar Trade Board. 2199. American Metal Co., New York to Samuel Montagu .,!'e Co., London, 2200. 100,000 silver bullion. Granted. C. 'eesterbeek, New York to :esteerbeek & Klyn, Sassenheim, Holland, ',;() .,000 paper currency except gold or silver certificates. 2201. Refused. Halvor Jacobson, General Manager Passenger Dept., Scandinavian-American Line, New York to Scandinavian-American Line, Copenhagen, Denmark, $5,000 currency except gold or silver certificates. 2202. Refused. Standard Oil Co., New York from Jackson- ville, Florida to Tampico, Mexico, Compania Transcontinental de Petroleo, $5,000 paper currency except gold or silver certificates. 2203. Granted. Standard Oil Co., New York, from Jackson- ville, rlorida, to same, Tampico, $6,000 paper currency except gold or silver certificates. 2204. Granted. Standard Oil Co., New York, from Jackson- ville, Fla., to same, Tampico, U00 subsidiary coin. 2205. Granted. Equitable Trust Co., New York through Laredo National Bank, Laredo, Texas, to C. Diaz Ceballos S. en C. Suer., Mexico City, $50,000 gold coin. 2206. Granted. J. J. axcia, Brownsville, Texas, to Collector of Customs, Matamoros, Mexico, 34,000 gold coin. 2207. Granted. Buena Tierra Mining Co., Ltd., El Paso, Texas, to same, Chihuahua City, Mexico, ?3,500 silver coin per month during 1918. 2208. Granted June and July. R. Martinez y Hno., Laredo, Texas to same, Nuevo Laredo, Mexico, 41,500 gold coin. Granted. Letter from ',71'ar Trade Board relating to iirst 11 20 , National Bank of Eagle Pass, Texas, in re exportation Of 0,000 gold during June and July for purpose of paying export duties on crude rubber. Referred to Llr. Strauss. Letter of Secretary of State replying further to Board's letter of June 23d. Referred to Mr. Strauss. Intercepted letter referred to 11r. Strauss. At 11:20 A.M., the meeting Ojourned.• APPROVED: 'Acting Secretary, Chairman. •
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