19180628_1040a_Minutes.pdf

At a meeting of the Gold ',port Com-

mittee of the Federal Reserve Board held in the

office of the Board on Friday, June 28, 1918, at

10:40

?RiSENT:

Mr. ;a.rburg, presiding,, Mr. willis. Score

Present also: Llr. Strauss, Mr. Kent.

Applications for permission to export coin,

bullion and currency, with papers relative thereto,

were presented and acted upon as follows:

Telegram from Federal Eeserve Bank of San

Francisco re purchases of silver by Hongkong &

Shanghai Banking Corporation. Noted; Secretary to

reply.

V.

Memorandum of Mr. Strauss re letter written

by Captain Dulles to Board re importations of silver

and gold. Read and noted. Dulles' letter ordered

filed.

Proposed letter to Federal Reserve Bank of

7ew York re application ro. 2003 filed by Farmers

Loan & Trust Company on behalf of 7. E. Fenno for -

Armenian and Syrian Relief; declined May 31st; re-

considered and tabled June 27th. Declination affirmed.

Letter from Federal Reserve Bank of Boston

4

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

:i16 3

transmitting letter from U.S.SmeltinL;, inin t

:iefining Co. re their importations of silver from Mexico.

Yoted.

Application of rat. R. itus, Customs Agent,

an Diego ,t Arizona Railway Company to ship to

Mexican Government of -....ca.or California for ..;an Diego

(c- Arizona Railway Co., gold coin or United ...tates dur-

rency not to exceed 4:;2,000 monthly. (No.2226).

Granted in currency.

:Letter from iederal Reserve sank of Now York

enclosing letter from Lquitable crust Co. re license

No. 1971, requesting extension of time for completion

LX shipment. Granted.

L letter from Federal Reserve Bank of New

York inclosing letter from Handy Harman, requesting

extension of time for shipments under licenses No .

1402-A72; 1436-A-74; 1450-03. Granted.

A letter from Graham Hinckley & Co., inclosing

receipt of Mexican Customs House, Vora Cruz, for fe ,160

paid by Antonio Eevulta. Noted.

letter from xt. Hatton, Cashier, 2irst

1:ational Bank, 1o1 Rio, Texas, re license ro.

Granted for six months.


1161

letter from Llercantile Bank of the

Americas, re shipment - of goldto Columbia and from

Colombia to United (tatos under terms of license

No. 1837 (No. 2163 being a request for extension

of time for return of gold to United States). 4rite

and state letter is license.

' letter from Federal Reserve Bank of New

-York transmitting letter from Co. Porto Rico 3I4Tar

Company, requesting extension of time for completion

of shipments under license No. 2194. Granted.

letter from Federal Reserve Bank of New

York re application of Consul General of ileru to ship

nickel coins to Peru (No. 2168). Tabled - suggest

temporary postponement.

29. Guttag Brothers, New York, to Farmers

•

Loan & Trust Co., Paris, 17 Belgian currency, Granted.

2230. Thos. Cook & Son, New York to same,

Canada, also to Royal Bank of Canada, and Alloway &

Champion, both in Canada, Canadian and foreign currency

except i- ussian currency, up to '30,000 per month. Gramtedi

2231. Royal Bank of Canada, New York, to same,

Montreal, Canada, during July, :291,045.24 gold coin.

Granted.


el M. Luis, ilogales, to Ilexican

Customs House, Toga1s, Me:dco, during June na July,

'il56,UOU (100,00U; gold ,;,;50,000 paper currency).

Granted ...:50,JUO cold.

2253.. Gulf export 4, Transportation_Zo., e u- -

mont, Texas, to The Tampico Banking Co., Tumpico, Lexie°,

during July, ;,7;,1,00U silver and niCel coins. Granted.

Harrison 5 Gray, rogales, .urizona, to

Lexie:an Customs House, during Juno and July, 1910,

10,000 gold. Granted.

The Tigre 1:ining Co., Douglas, ;,rizona,

to same, -1 Tigre, Eexico, during July, ,?5,,,kv silver

coin and 20,000 paper currency except gold or silver

certificates (v25,uoU in all). Granted.

223C). ro,,ales :ationai Bank, Noales,

to J. E. 2aredes, Nogales, :exico, during July, 2,0e

gold. Granted.

2237. Lagle xlass Lumber Co., 14agle Pass, Texas,

to Lexican Customs Collector, iqedras, ::eras, Ee.d.co,

re5,U U gold coin. Granted.

2238. first Rational Bank, Rosales, _rizona,

to United ..tates Graphite Co., Nogales, Eexico, during

July and Lugust, .5.,0v.clarrency except gold or silter

certificate's, and ,e2u0 silver coin. Granted.


1

2239. Estrada Lumber Co., Eagle Pass,

Texas, to same, Piedras, Negras, Llexico, ,3,000

gold. Granted. .

2240. United Fruit Co., Boston, frc) samo,

Santa:I.:arta, Colombia, ,T,10,000 weekly throughout

- July, gold coin. Declined - refer .to hr. Kent.

2241. Pan-AmerimaTrading Co., 1TQW York to -

Empresa de Autobuses de Barranquilla, Barranquilla,

Colombia,91.00 medals, gold, silver, brass, and

silver plate. Granted.

2212. L. Vogelstoin & Co., Inc., row York

to Llocatta & Goldsmid, London, 1;',50,000 silver.

Granted.

2243. illiam Schall & Co., Now York to

American Colonial Bank, San Juan and/or branches in

Llayaguez, Arecibo, Caguas, ::,,;600,000 paper currency ex-

cept gold or silver certificates and 450,000 subsidiary

coin (not more than ,;2,500 nickels and3,00(') pennies).

Granted.

2244. ,:tandard Oil Co., New York to Campania

Transcontinental de i)etroloo, Tampico, !A,000 sUbsidiary

coin from Baltimore. Granted.

2245. lAandard Oil Co., as above, ,'?5,000 paper

currency except gold or silver certificates. Granted.

2246. Standard Oil Company, New York to same,


_67

Tampico, ;06 Uo0 paper currency except gold or

silver certificates from Btltimore. Granted.

7. Bliss, Dallott & Co., rew York to

coin.

'..;ons, Curacao,

lined.

'10,ak)0 gold

Eiuitable Trust Co. letter to Federal Reserve

Bank of rew York, June 25th, re reshipments of L;o.

to Colombia, Mexico or shanghai. ,P-reed to 1.,Tant

for Lexico but ordered a,„Idlicatior made in usual way

before licensing.

Lotter from secret ..;ervice re gold shipped

in bond. Lead and noted.

2roposed letter to Food dministration OK'd

ordered sent.

11:Z0 the meetinc

Chairman.


19180628_1040a_Minutes.pdf

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