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At a meeting of the Executive Committee of the
Federal Reserve Board held in the Board Room on Thursday, November 22, 1917, at 12:30 P. M.,
PRESENT:
Mr. Harding, presiding,

Mr. Hamlin,

Mr. Delano,

Mr. Willis, Secretary.

Present also: Mr. Strauss and Mr. Kent.
Applications for permission to export coin,
bullion and currency and papers in connection therewith, were presented and acted upon as follows:
.A telegram from Central Bag & Manufacturing
Company, re rupee exchangti.

Answer that they are to

make application to the Federal Reserve Bank of.
Chicago.
A letter from Mr. Kent, of New York, transmitting letter from Muller, Schall & Co., re their
desire to export under previous license $5,000 in
dimes to Porto Rico.

Approved.

A telegram from The Fir.
st National Bank of
Nogales, re application filed on behalf Of W. C.
Laughlin, No. 550, requesting reconsideration and
permission to export $20,000 in silver with enough




•

gold to pay duties when needed.

Granted.

A letter from the Merchants Loan t Trust Co.,
of Chicago, relative to the policy regarding exports
of silver for the future, was read and handed to Mr.
Strauss without action.
623.

Mexican Lletals Co., to Mexico, 4300

gold in payment of taxes.
624.
National

Granted.

American Express Co., Philadelphia, to

efining Co., Toronto, Canada, 1;408.27 gold

bar and cash.
625.

Granted.
_(7,tat,; National Bank, Li Paso, Texas, to

Mercantile Banking Co., of Cananea, Mexico., $30,000
United States gold coin and •30,000 Mexican gold coin.
Granted.
626.

A. G. 21erros, Lareo,.Toxas., to same,

Laredo, Mex., $2,000 gold coin..

Granted.

Guaranty Trust Co., for Zimmerman &
iorshay, to ijocatta (5, Goldsmid, London, England, silver
100,000 ounces, value about '-!A.00,00 . 4proved.
628.

The National City Bunk of New York to

Sebrinos de Jose Paster, Bankers, La Coruna, ,Spain.
:200,000 United States Gold Coin.

Declined.




629.

Bankers Trust Co., Ne:; xork, to Maduro's

Bank, Curacao, D. W. I. $40,000, gold coin.
630.

Declined.

Cerro de Pasco Mining Co., from New York

to same, Callao, Peru, $731,949.71 (150,000) gold disks.
Tabled (papers in nands of Mr. Kent.)
631.

Liberty National Bank, NeN York, to Stand-

ard Bank of Canada, Toronto, Canada, 1140,000 gold coin.
Granted.
632.

La Luz and Los Angeles Mining Co., New

York, to same, Prinsapolka, Nicaraugua, C. A. 44,500
United States Currency not gold certificates.
633.

R. R. 'ogel & Co., $28.53 gold medals and

rings, to Yucatan.
634.

Granted.

GraLted.

Kountze Brothers for C. Diaz Ceballos,

44 :3u,000 gold monthly to Mexico.

Granted 330,000 to be-

ginning of January; facts to be filed as to each shipment.
The Board consulted with the Uruguayan Minister
relative to application No. 351 for a shipment to
Uruguay.
At 1:33 P. M. the Committee adjourned.
APPIOVED:
Secretary.
Chairman.