Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, November 23, 1917, 12:50 PM, Volume 4, Part 2

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At a meeting of the Executive Committee of the
Federal Reserve Board held in the Board Room on Friday,
November 23, 1917, at 12:5,0 P. 1.1.,
PRESLNT:
Mr. Harding, gresiding,

Mr. Willis, Secretary.

Er. Hamlin,
Present also:

Er. Strauss.

Applications for permission to export coin,
bullion and currency, with papers in connection therewith, were presented and acted upon as follows:
A telegram from Deputy Governor Calkins of San
Francisco, asking on behalf of the Hongkong & Shanghai
Banking Corporation whether they will be permitted to
export witnin reasonable amounts and times, silver to
China.

Say they may expect to be permitted to ship

silver on application covering period to January 1, 1918.
A letter from the West Side National Bank,
Chicago, referred by Assistant Secretary Rowe, requesting information as to the establishment of branches in
neutral countries for remittances to persons residing
in Germany and Austria.
of Enemy Trade.

Ordered forwarded to Bureau




635.

First National Bank, Nogales, approxi-

mately $21,000 gold coin to Lluvia de Oro Gold Mining
Company, Lluvia de Oro, Chihuahua, Mexico.

Granted

for duties and taxes if they will specify the amount,
and make showing to Collector of Customs.
636.

A letter from the Williams Gold Refin-

ing Company, regarding the shinmett of dental gold to
Canada.

Bead and license ordered issued for $15,000

and. request reapplication each month.
A letter from Secretary Baker re a license
for t300 from the Canal- Zone.

Read and noted.

Discussion of modes of control of exports on
persons of travelers.
At 1:1U the Committee adjourned.
APPROVED:

Chairman.