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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. rt