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" t At a meeting of the Executive Committee of trio Fedurul Reserve Beard held in the office of the Governer on Taesday, September 18, 1917, at 3:35 P. M. Present: . Mr. Harding, Mr. Warburg., • Mr. Delano, Mr. Willis, Secretary. Present also: Mr. Albert Strauss representing the Treasury Departwent. Mr. Warburg made a general report with reference to the Java sugar situation and the question of arrangements to provide exchun7,e based thereon. It was agreed that Mr. Warburg reply, morelv stating that it is- the understanding of the Board that the Government will not be in the market for Java sugar. Application for permission to export coin, currenCY and bullion were then taken up and passed upon as fellows: 97. El Potosi Mining Co., El Paso, Texas, 425,000 U. S. Currency or Federal Reserve notes, per month, 40,000 gela, Mexican Coin, or equivalent amount of currency or notes, El. Vase to Mexico. Approved, if shipment is made in Fe-deral Reserve notes or other form of currency except gold • Certificates. ch,.-nts National Bank, Boston, 96. c„trrncy, to Dpntreal. n. Canadian Approvea. Liaine Railroad Co., Bo3ton, ::!;,500 per Boston .oJk, Boston to CanAda. Approved if in Canadian currncy or Aucrican currency othir than o1 cartifilatas. 100. North Ada_s iAtional Bank, North Adams, nctes, and “450 Canadian 3ilver, North Auame to -cntraal. 11 Approveu. Unknown banker, (care Feueral Reserve Agent Ave rovad. Naeth) 4,000 Cunadian currency. 1C2 Farmar3 National Bank, -taone, N. Y., Canadian alone to ,..ontreal. currency, 103 American 41,rovad. Now York, to :Lontreal, pro313 Canadian currency, 4prcva. 104 York to Ottua. roncy, N,3 4provu. Unitou i„.)tals Sellin.7 Cc., 75C,000 c'dricee eilver, 105 worth .:7:,o,c00, New York to London. 1C)6 celona. 107 Canadian cur- C,..nadian Bank of Comwerce, Trenlari Suceeores, .#.22,CCO Approved. clu, New York to Bar- Declined. RoT.11 ir of 0anau,a :30,000 currJn,cy, San Juan to Puerto Plata, ai:proved.if not in gold certificates. 10 i1eia, Gomez & Co., Barralona. Declineu. 50,000 gold, New York to A: t, ••••:'Li 109 Farmers Loan & Trust Co., 4220,000 gold, New York to Barcelona, Declined. 110 Chase National bank, ,50,000 currency, Now York ApproveU for any form except gold or to Camaguey, Cuba. golU certificates. 111 Equitable Trust Co., Now York, 4,725,000 go Savannah to Barcelona. 112 Declined. Equitable Trust Co., New York, to Cadiz, $1 5,C00 golu, 113 Equitable True L Co., N br. York, to Cauiz. 025,006 golu, Declined. 114 Equitable Trust Cc. Pcv York to Coruna, 4125,000 gold. Declined. 115 Equitable Truet Co., Now York, to B:Arcolona, t725,000 gold. Declinsu. 116 Equitable Trust Co., No ton to Barcelona. 117 York, $725,000 gold Calves- Declined. Equitable Trust Co., New York, ;725,000 golu, Norfolk to Bilboa, Declined. 118 Equitable Trust Co., New York, ;72b,CUU co1d, Norfolk, to bilbob. Declined. li Equituble Trust Co., New York, 725,00C go1:.1, Norfolk to 1-i1bou. Declined, 120 Equitable Trust Co. to bilboa. Declined. New York, ;725,00U gold, Norfolk 4i7.4* 121 Equitable Trust Co.., No York, 65U,O0O cici, Norfolk toBarceloa. Declined. 122 EJluitable Trust Co., New York, ::(20G,CX(,, f,clu, Calves— ton to harcelona. 123 Equitable Trust Cc., New York, to Barcelona.. 124 Declined. 41e,000 gold, Norfolk Declined. National City Bank, 4150,000 go1i, to Callao, Peru, suspended for further information. 125 Royal bank of Canada, frolL Lew York to Port of Si,ain, ,.40,000 gold. Declined. 126 Royal Bank of CanaUu, New York to Cuba and Donlinican Republic, arunt not statod. Approveu for shipLent in United States currency except 6olu cortificares, reports to be made to the Federal Reserve hank of Ne4 York. 127 Guaranty Trust Corlipany, No44 York, 000,000 gold bars, Sr Francisco to Bombay. 128 Declined., J. Zaragoza, t300,000 gold, Now York to Barcelona. Declined. 129 Equitable ri'rust Compaq, New York, :;1,000,CCO San Francisco to Japan or India. 130 Equitable Trust Copany, Nov York, ;1,000,CC0 San Francisco to Japan. 131 Declined. Equitable Trust Francisco to Japan or India. 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'S.TreiToo sneuTTo.7 •,1TpuT JO ...ind-ar 01 0014T3UV 4 -C -1I 1 T00 VanII 9 Tqn1T'I'lbg TA 7?.S 0001 000'T DET —eTn I JO Urttrir 01 OZSTOUVJj UI 'AurIlTo;) 1.snl/ oTcm1.711).3 S 009'000 4 T1; emaox •n97-ITT001 000'0WT I JOA 'rTUT JO Ulldrr lovviTUOD et?1 rJT, SET 01 OO9TOU1I3 TT5tzET er; It was agreed that r, J. F. Curtis of York be requested to confer with' the 1..eroan iIe bu,k of the Americas i. 1. Grace 6: Ccmpany, and with r1u cbtain a statement frcn, them relative to the chief ccmL:A)ities e;cing frcm the Unite° States to South ArLerica, anu back s ar,. thus fcruini- a ba3is cf mutual trade. ;u off by cur i.ro3Lnt pclic to inquire '.,hether we are no* cutting :,1rticaus wh_ch fcrr., nec ssry of On motion, at 4:45 P. L., th3 CcmlAttee acijøurned.. APPROVED: Chairman. Secretary. bais