Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, June 29, 1918, 10:37 AM, Volume 5, Part 2

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71 "7IL

Lt a meeting of the Gold

xport Committee

of the Federal Reserve Board held in the office of
the Board on Saturday, June 29, 1910, at 10:37

Lr. ui1lis,secretary.

;iarburg, presiding,

Lpplications for permission to export coin,
bullion and currency, with papers relative thereto,
were presented and acted upon as follows:
T.:o letters from ::ercantilo Bank of the Americas
re the ,;500,000 raw gold which they agreed to import
from Colombia within six months from date of issuance
of license ro. 1837 permitting exportation of equal
value of gold coin.
Telegram from

Granted.
.4;.. Hatton of Del Rio re hold-

ing of Lexie= remittances by censor.

Secretary di-

rected to say re4uest impracticable.
Telegram from i!,:quitable Trust Co. re license
ro. 2205 permitting the exportation of ,?50,000 gold by
them to U. Diaz CebaJlos, Llexico City, through Laredo
rational Bank.

(Papers herewith).

Secretary directed

to reply.
State Department despatch referred to Federal
Reserve Board by Customs Division re intercepted letter




addressed by I. Mogendorff and soon, Greenlo,. Holland to Charles S. Porter, rev: York re remittance
to Holland.

Refer to Mr. Kent.

Letter from Federal Reserve Bank of Dallas
asking extension of time to include July for completion
of shipment of the :. ;,100,000 paper currency except f.;old
or 511Tel-certificates authorized for export by the
Border National Bank at, Eagle Pass (No. 1099).

Granted.

Letter from American smelting & Refining Co.
acknowledging receipt of their license. No. 2220 and
letter requesting inforMation as to use to be made of
the gold and silver to be exported under this permit.
Noted.
Letter from .Department of State transmitting
despatch from the American Ambassador at Mexico City
re plan to stabilize the value of Mexican silver
money.

Noted.
2248.

Croeker National Bank, San Francisco

to Hongkong & Shanghai Banking Corporation, Yokohama,
Japan, yen 4,246.
2249.
their agents,
gold coin.

Granted June 28th.

Ratification.

an Luis Lining Co., San Francisco, to
cheguren & Co, Mazatlan, L'exico, 410,000

Granted.




Joo Angel Garza, Eagle Pass
Tex

o, 5,00 gold.

to

Granted if forma

application sent in..
2251. .Dr. J.N.:wse, Was ington, D.C., to
carry on person to Ecuador

credit for :;1,200 to „a,400, and
curr

letter of

;.100 gold

300 to :',;500 pap

cy except gold or sliver certificates and

ver coin.

Granted.

2252.

Lerchants rational Bank, Brownsville,

exicuri Customs Collector, Latamoros, Lex co

Texas to

Cardenas Ot
3.

10,000 gold coin.

Granteda

riona rational Bank, Me5on, ;,..rizona

for San Carlos Cattle Co., to LexiCan Collector of
Custo.

,au,OUJ gold coin.
10-50 I

JWRCVLD:

n.

, the

•
etinL; adjot