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• lit a meeting of the Executive Jommittce of the Federal aeserve Board held in the office of the Governor on Thursday, September 27, 1917, PAESENT: Mr. Harding, . 4arbars, Mr. Delano, i11is, Secretary. Mr. Present also, Mr. lilbert Strauss, representing the Treasury Department. Applications to ship were taken up and acted upon as follows: 239. First National Bank of Chicago, .;327.30 Newfoundland silver to Newfoundland. 4proved. 240. 'Canadian Bank of Commerce, 4100,000 gold coin, San Francisco to Calcutta. Declined as to gold, approved as to silver. 241. Balfour Williamson lion, San Francisco to Calcutta. Co., 4100,000 gold bulDeclined. 242. ,,atjen, Toel & Co., New York, 4500,000, gold bars, New York to Valparaiso. Declined. 243. Yokohama Specie Bank, 41,500,000 Gold coin to Yokohama. Declined. 244. Thos. Cook &- son, ::ew York to London, Dublin and Glasgow, foreign ban.: notes in sums not exceedinL: pproved for October up to „:100,000. at one tie. 245. row York to Havana, Cuba. 246. Declined. J. tayi.os Co., Inc., :Ter/ York, to Santander, Spain. 245. Declined. Farmers Loan c: Trust Co., 1Tew York, '515,700 gold bullion, to Calcutta. 247. rev; York, ,100,000 Gold coin, Tornabell ')eclined. ELiuitable Trust Co., rew York, ,A.,000,000 sold bars from San -Prancisco to Calcutta. India. 142. ,500 gold coin Declined. 21.merican ::.etal Company, i25C,OUO gold, U. o. to Calle, declined vith instructions to Secretary to explain the outline of the pending plan for adjusting shipments to „math A.merica. 176. Lucky Tiger Jining Company, .4;15,000 :old, Kansas City to 1:exico, reconsidered and shipment of gold approved ith instructions to say that such application would not be favorably acted upon in future. 199. Bank of :.:ontrcal, .:500,000, rew York to ::ontreal, ;orzAer declination reaffirmed, 224. ,,arbarg to write the letter. H. L. ilevJiall, ,300,000 rew York to Calcutta (letter of Deputy Governor Calkins September 20) for er declination reaffirmed. The case of Messrs. itandy Harman who wished to anda ;plc' cAnd silver for industrial parposes to ed, and under blanket permission, was inforTally disc it was agreed that they might file an application for a round wloalt of silver covering ro s%Lly one month's reir letter from the Secretary of Statc transmitting a letttr from the Bolivizil, inn .,3king for authority to export ..,;60 000 gold discs, was laid on 'Lille table with the informal under -tandin, that :Ir. 1-Ar"A,s would consult with the State Department. Discussion of the administrative control of gold exports ensued, Assistant Secretry of the "reas' aowe being present.. Relations vith the proposed new ar Trade Board were considered- It was agreed that !::r.- , should continue the discussion Jurding and :r. W'rbarL informally at a later hour. on motion, at 5 p. .APP OVED: ,Jhairman. Ommi j01 d.
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