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At a meeting of the Gold 1!:xport Committee
of the Federal Reserve Board held in the office of the
Board on Saturday, June 8, 1918 at 10:35 A.11.,
PRESENT:
1.1r. Willis, 6ecretary.

Lr. :;arburg, presiding,
-.

Applications for permission to export coin,
bullion and currency, with papers relative thereto,
were presented and acted upon as follows:
Application of racozari Railroad Company, Dou,;las,
Ariz. for permission to ship .150,000 gold to :.:exico.
Granted for ,131,UoU gold (150,000 minus ,313,0UU on
supplies for Loctezuma Copper Co., 0.,5u0 for small
shippers, and .;,4,500 for the Tigre :dining Co.) (No.
2014)

Approved.
Application C. F. Clarke & Co., Le Roy, rew York,

to snip •,198.75 gold to J. Krueger & Co., :doose Jay.,
ask., Can. (1o.2u5o).

Tabled June 7th.

Granted.

Letter from Faust & ;,ilson re application No.
2039, filed by 1exican Gulf Oil Co. for permission to
ship ,,10,000 gold to ::.exico.

Declined June 4th.

sidered and tabled June btu and 7th.

Recon-

Tabled for 10th

instant.
Letter from Assistant jecretary Leffingvell re
'Travellers' Regulations".

Tabled June 7th.

Tabled.

„ILk

(NC)
4 )C.)




Letter from ia.r Trade Board transmitting
letter to Federal Reserve Agent Curtiss of Boston
from E. D. Ver Planck re shipments of small monthly
sums to relative in France.

Tabled June 6th and 7th.

Tabled.
Oral message from-Ur. Hyde, Secretary Censor- •
ship Board, re enforcement of Foreign Exchange Regulations in Hawaii.

He said his latest advice from Mr.

Kent was that enforcement was suspended for the present.
Noted; Secretary ordered to consult Counsel re status
of non-continental possessions under Foreign Exchange
system.
Memorandum from Censorship Board transmitting
correspondence re sending of Russian bank notes into
Switzerland.

Tabled until June 10th.

Memorandum from 7,ar Department re depreciatlon
of American dollar in foreign countries, with particular
reference to salaries of military attaches and their
assistants in, foreign countries.

Tabled until June 10th.

Letter from .ar Trade Board transmitting correspondence between Senator Sheppard and Hamilton Cotton
Co. of Austin, Texas, re the trading of that Company with
Italian spinners.

Refer to Mr. Kent with request that he

prepare reply for Committee.




1.00-Q

Letter from Equitable Trust Co., New York.
re license No. 1836 granted to Musher & Co., for
export of gold to Spain.

Noted; also referred to

Lioard for information.
Letter from Panama Canal re license granted
to

r. Pedro Gonzalez Grasp° of Panama permitting

him to take with him to Spain
gold coin.

30 sterling L'nglish

Noted; Secretary to ask why grant was

made.
Letter from Panama Canal re license granted
to United Fruit Company at Cristobal, Canalono for
export of .4'9,800 in United States notes to same
company at Santa Marta, Colombia.

Noted.

Letter from Santo Domingo Silver Mining Co.
re their licunse No. 1903.

Noted.

Letter from Federal Reserve Bank of New York
requesting change in name of consignee on license No.
1436 A74 to Theo. Olsen's Successor.

Ordered referred

to ,ar Trade Board.
Report of silver shidments authorized during
week of June i-7 inclusive.

Noted.

Card of acknowledgment and reference regarding
letter from Federal Reserve Board addressed to Third




Assistant Postmaster General re detention of
mail from Buenos Aires in Boston Harbor.

Noted.

Letter from Federal Reserve Bank of New
York transmitting copy of latter from Farmers Loan
& Trust Co. re shipments of gold to Spain.

Secre-

tary to say no licenses are being granted although
one exception has been made; letter to be read to
Board.
2058.

National City Bank, New York, to

Surinaarpche Bank, Paramaribo, Dutch Guiana, approximately ,'.?21,000 gold coin.
2059.

Granted.

Zimmerman & Forshay, New York to Eahamut,

San Fernando, Trinidad, 4800 (1,000 Mexican silver
dollars).

Granted.

2060.

American Metal Co., New York to Mocatta

& Goldsmid, London, $200,000 bar silver.
2061.

Granted.

National Bank of Commerce, New York,

to Banco Lao/anal de Cuba, Havana, :a00,000 paper
currency except gold or silver certificates.
2062.

Granted.

First National Bank, Eagle Pass, Texas,

to Continental-D3xican Rubber Co., Mexico, 4,00U
gold coin.

Tabled until June 10th.

2063.

Moctezuma Copper Co., Douglas, Ariz.,




to same, Nacozari, Llexico, 140,000 paper currency
except gold or silver certificates and 34°,u00 silver coin (80,000 total).
20G4.

Granted.

Trueba S Pardo, Eagle Pass, Texas, to

same, Piedras Negras, Yexico,

0U gold coin.

Granted.
2065.

John Finnigan Co., Brownsville, Texas,

to G. B. 1,:urphy, I.7atamoros, Lioxico,z'„Ilu,J00 gold coin.
Granted.
At 11:03 A. Y.., the meeting adjourned.
APPROVED:

Secretary,
Chairman.

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