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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 Wednesday, May 29, at 10:40 A. M.,
PRESENT:
Mr. Warburg, presiding,

Mr. Willis, Secretary.

Mr. Miller,
Present also: Mr. Strauss.
Applications for permission to export coin,
bullion and currency, with papers relative thareto, were
presented and acted upon as follows:
Telegram from Governor Van Zandt asking extension
to include June under license 1821 authorizing exportation
of .025,000 gold to Mexico during May by Babicora Development
Company.

Granted.

Letter from Lusher & Company re earmarking of gold
in settlement of their Spanish obligations.

Referred to

Board.
Letter from Federal Reserve Bank of San Francisco
giving data re shipments of Canadian silver and currency to
Canada authorized by that bank and its branches.

Noted.

A letter from Edward Jolles Company, New York, requesting extension of time within which to complete shipments under license No. 1843, so that shipments may be made




during June and July.

Granted.

A letter from Federal Reserve Bank of Cleveland,
requesting advice re filing of an application by Oil
Well Supply Company for permission to ship 324,000 gold
in installments of 62,000 monthly.
1987.

Declined.

Ramsey & Vela, Edinburg, Texas, from First

National Bank of Pharr, Texas to Reynosa, Mexico, $5,000
gold coin during June, July and August.
1988.

Lykes Bros.

Granted.

from Galveston or Dallas,

Texas via Brownsville, Texas, to :latamoros, Mexico, $30,000
gold.

Granted.
1989.

(In gold if necessary).

Kelly Henry, Nogales

Arizona, to same,

Sonora, Mexico during June, 410,000 paper currency except
gold or silver certificates.
1990.

Granted.

Tigre Mining Company, Douglas, Arizona, to

same, El Tigre, Sonora, Mexico, during June, $20,000 paper
currency except gold or silver certificates, $5,000 silver
coin.

(25,000 total).

Granted.

1991. Peters & Johnson, El Paso, Texas, to same,
Juarez, Mexico, $500. gold.
1992.

Declined.

Huasteca Petroleum Company, during month of

June, from Galveston, Aransas Pass, Sabine, Port Arthur, New
Orleans, Los Angeles, Tampa, Baltimore, Philadelphia, New




e,f—thr,

York and Providence, to Tampico, Mexico, up to
4200,000 silver and paper currency except gold or silver
certificates.
1993.

Granted.
CE.nadian Bank of Commerce, San Francisco,

to Agent Peninsular & Oriental Steamship Company, Hongkong, for transmission to Mint, Calcutta, 1,500,000
ounces silver.
1994.

Granted.
Irving National Bank, New York, to its

correspondents in United Kingdom of Great Britain and
Ireland, France, Spain, Italy, South and Central America,
4
'100,000 of foreign paper
and the West Indies, up to'
currency during June.
1995.

Tabled until May 31.

National Park Bank, New York, to Banco

Nacional de Cuba, Havana, $00,000 paper currency except
gold or silver certificates.
1996.

(By mail today).

Granted.

Manufacturers & Traders National Bank,

Buffalo, New York, to Bank of British North America,
Toronto, Canada, $7,000 paper currency except gold or
silver certificates.

Granted.

Mr. Strauss reported facts as to trading in roubles.
At 11 A. M., the meeting adjourned.
APPROVED:

Chairman.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102