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At a meeting of the Gold Export Committee of the Federal Reserve Bot%rd held in the office of the Governor on Friday, March 15, 1918, at 10:00 A. Lt., PRESENT: Mr. Harding, presiding, Mr. Willis, Secretary. Mr. Miller, Present also: Mr. Strauss and Mr. Kent. Applications for permission to export Coin, currency and bullion with papers relating thereto, were presented and acted upon as follows: A letter from J. A. Garza, Eagle,?ass, Texas, March 9th, requesting extension of time within which to complete shipment of $5,000 gold permitted by License No. 1128. Extension granted. A letter from Laredo National Bank, Laredo, Texas, March 9th, requesting reconsideration of their application to export 375,000 gob. to Mexico during March (1261). Granted. Application of Juan M. Garcia, Laredo, to export to Mexico .05,000 gold (1354) tabled Larch 12 and March 14, to be brought up today. Granted. Application of Equitable Trust Co., New York, to export to Comision Monetaria, Mexico 7,ity, (1342) $3,720 gold coin. Tabled March 13 and 14 (papers in hands of Mr. Strauss). A letter by J. P. Morgan (I, Co., dated March 9th, makint; inquiry as to future permits to earmark gold certificates for Bank of Franco (papers in hands of Mr. Strauss 3/11). 135D. Tabled. Manufacturers & Traders National Bank, Buffalo, New York, to Toronto, for use of Canadians visitin4,- United States., „4,000 paper currency except gold certificates. 1360. Granted. Guaranty Trust Co., New York, to Banco Nacioml de Cuba, Havana, ;5o,000 currency. 1361. Standard Oil Co., New York to Tampico, about March 28, ..$6,000 currency. 1362. Granted. Standard Oil Co., New York to Tampico, about Man= 27th, ,;200 subsidiary coin. 1363. 6 000 currency. Granted. National ?ark Bank, New York, to Banco Nacional de Cuba, w200,00 1365. Granted. Standard Oil Co., New York, *Lo Tampico, about March 28th or 27th, 1364. Granted. currency. Granted. iinrnermann & Forshay, New York, to Rahamat, San Fernando, Trinidad, .)750 (1000) Mexican silver coin. 1366. Granted. Chase National Bank, New York, to Eoyal Bank of Canada, Jantiago de Cuba, 1100,000 currency. Granted. 1367. Rafael del Castillo Co., New York, to same, Cartagena, Colombia, S. A., ,5,.)0 gold sovereigns. 1368. nglish Declined. Santa Fe Exchange & Commission Co., El Paso, Texas,' to R. Martinez & Bro., New Laredo, Mexico, ,20,000 Mexican gold coin. Declined for purchases, but granted for duties. 1369. A. A. Obregon, Nogales, Arizona, to ObregOn, during March and April ,$200,000 gold. Declined. 1370. First National Bank, Nogales, Arizona, to Bias Valenzuela, Naranjo, 1:ex., $40,000 gold coin. Declined. 1371. Manuel Espinoza, Nogales, to same, Nogales, Mexico, during March and April, 120,000 paper currency except gold certificates. 1372. Granted. Vela & Coronado, Laredo, Texas, to Colloctor of Customs, New Laredo, Mexico, 716,510 gold. Declined. 1373. First tational Bank, Nogales, to J. P. Polin, Nogales, Mexico, $2,000 gold coin. 1374. Granted. Southern :Pacific 'midway Company of Mexico, Tucson, Arizona, to Mexican Collector of Customs, Nogales, Mexico, during March; 420,000 United States gold coin; A5,000 United States paper currency except gold certificates; and ;4;50,000 Mexican Infalsificables. Referred to Mr. Strauss. Bring up on 16th of March. Voted to refer to Mr. Kent report as to embassies and legations in Washington being exempted from declaration on drafts disclaiming enemy purposes in remitting. Memorandum of agreement between the Norges Bank of Christiania and the Federal Leserve Bank of New York re deposits and exchange on same lines as in the case of Arcentina. 1375. Referred to Board. Director o: the Mint of the United States, to Mint Master, Calcutta, by Steamer Shiny° Maru, from San Fmincisco, $500,000 ounces silver Approved. At 1105 A. M., the Committee adjourned. APPROVED: et, e""---3 Chairman Secretary
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