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At a meeting of the Gold Export Committee
of the Federal Reserve Board held in the office of
the Governor on 7:ednesday, March 20, 1918, at 10:30
A. M.,
PLE;3ENT:
Ur. Harding, presiding,

Mr. Willis, Secretary.

Mr. Miller,
Present also:

Mr. Strauss.

Applications for permission to export coin,
currency and bullion, with papers relative thereto,
were presented anl acted upon as follows:
A letter by First National Bank, Del Rio,
Texas, concerning License No. 1376, and other matters
relating to exports of gold to Mexico.

Read and the

Jecretarj directed to reply.
A proposed telegram (Ur. Strauss) addressed
to Ambassador Fletcher of Mexico was aoproved for
recommendation to the Board.
The application of Musher and Co.

coming

up for consideration and the Governor stating tnat
the (.;ecretary of the Treasury had approved the
Board ,3 memorandum on the subject, it was, on motion,
voted to report to the Board that a declination be







406.

Chartered Bank of Inida

Australia

& China, New York, through Anglo & London Paris
National Bank, San Francisco, to Chartered Bank
etc., Shanghai, 03 712 (102,000 ounces) silver
bullion.

Granted.

1407.

Handy & Harman, New York to Mocatta

& Goldsmid, London, 3100 000 silver.

Granted.

1408.

Same as above, FA. 0,000 silver bullion*

1409.

Cia Agricola y de Fuerza Electri a

del Rio Oonchos, S. A., El Paso, Texas, to same,
Juarez, Mexico, $600 gold monthly.
1410.

Declined.

Canadian Bank of Commerce, San Fran-

cisco, (3 applications) 2,660,000 Mexican pesos to
Calcutta; 1,200,000 ounces silver to Mint Bombay;
450,000 ounces silver to Shan6tai.

Granted.

Mr. Strauss reported that neither fresh
vegetables nor garbanzos ar

needed from Mexico.

Mr. Strauss submitted a letter from lam.
Loeb re the providing of gold for export,was reiU.
. At 1U:5 the Committee adjourned.
AP E0V4D;

---_,
Chairman

/
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