Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, June 7, 1918, 10:35 AM, Volume 5, Part 2

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At a meeting of the Gold Export Committee of
the Federal Reserve Board held in the office of the
Board on Friday, June 7, 1918, at 10:35 A. M.,
PELSEXT:
Mr. iiller, presiding,

Er.

Secretary.

Applications for permission to export coin, bullion and currency, with papers relative thereto, were
presented and acted upon as follows:
Letter from Assistant Secretary Leffingwell re
"Regulations Governing Exportation of Coin, Bullion, and
Currency."

Change in last paragraph suggested.

Tabled.

Letter from Federal Reserve Bank of New York
transmitting letter from American Express Company requesting permission to ship up to )5,00U English or French
currency to their Montreal branch.

Granted.

Letter from Col. M. M. 2arker in answer to
letter requesting information re silver and gold sent
by Greene Cananea Copper Co., to United States. (No.2037)
Tabled.
Application of C. i. Clarke & Co., Le Roy, New
York, for permission to ship 0198.75 gold to J. Krueger & Coif
Moose Jaw, Canada.

Tabled June 5th. (No. 2050)

Tabled.

Letter from Faust (3: Wilson re application of




Llexican Gulf Oil Co., to export $10,000 gold to
Declined June 4th.

Mexico.

(No.2038)

Tabled.

Letter from :jar Trade Board transmitting
letter from :7.r.

. D. Ver Planck to Federal Reserve

Agent Curtiss of Eoston re sending small amounts of
money to France monthly.

Tabled June 6th.

Tabled.

Telegram from First National Bank of Douglas,
Lriz., referring to correspondence re application of
International Commission Co. for permission to export A3,138 gold to Mexico (No.1826).
amount, i6,800 granted May 10th.

Part of this

Ordered - wire re-

ply referring to former letters suggesting that gold
be bought in Mexico.
Telegram from Federal Reserve Bank of Dallas
requesting extension of time within which to complete
shipment authorized J. . Garza under license No.1654;
,'?5,000 gold from z.agle Pass, Texas, to Mexico.

Granted.

Letter from Equitable Trust Company, New York,
re their license No.1971.
2052.

Noted.

Continental & Commercial National Bank,

Chicago, to National Bank of Cuba, by mail, 400,000
oaLier currency except gold or silver certificates.
Granted.




2053.

El Potosi Mining Co., New York,

through El Paso or Laredo, Texas, to same in Mexico,
„;21,000 gold coin.

Granted.

2054. - Francisco A. Gutierrez & Co. of Neiva
through Pineda Lopez & Co., Barranquilla, Colombia,
to Alejandro Angel & Co., New York, for transmission
to Firmin

Co., Paris, 4248 silver coin.

2055.

Granted.

W. C. Laughlin Co., New York, to same,

San Javier, Sonora, Mexico, through Nogales, Arizona,
1.1,000 gold coin.
2056.

Granted.

Rud Kohler, New York, to George A.

Lowe, Toronto, Can., ip17.08 silver, nickel, copper and
gold coins,

Granted.

2057.

First National Bank of Boston, Mass.

to National Bank of Cuba, Havana, Cuba, by mail,
200,000 paper currency except gold certificates.

Granted.

At 10:45 A.'J., the meeting adjourned.
APPROVED:

Secretary,
Chairman.