At a meeting of the Gold Export Committee

of the 2edera1 Reserve Board held in the office of

the Board on 2riday, May 17, 1918, at 10:30 A. M.,.

PRESENT:

Mr. Warburg, presiding, Mr. Hamlin,

Mr. Miller, Mr. Willis, Secretary.

Present also: Mr. Kent; Mr. Strauss.

applications for permission to export coin,

bullion and currency and pupers relating thereto,

were presented and acted upon as follows:

A letter from the Panama Canal inclosing

copy or a letter from Governor Canal Zone, re li-

cen3e issued by him for exportation of gold dust

by Haartematte & Co., in accordance with views of

the Board expressed in previolts correspondence.

Noted.

A letter from Howard A. Lang, of Philadel-

phia, May 16, re new Mexican reimportation require-

ment against silver exported from Mexico.

Secretary directed to reply.

A letter from Richard J. Biggs re extension

of time for shipment of gold to Venezuela under li-

cense 1284 breviously granted). Ordered that the

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Q

former rulini7 te adhered to.

A letter of . O. Anderson Tr:Ain,: Co.,

referred by uar Trade Board, asking re exportations

of silver to South America for coinage there.

Tabled -ay 16. Noted; ecretary directed to ask

more details fran company.

A draft of a letter to all Federal Reserve

banks re exportation of Mexican paper currency and

irsuance by banks of licenses therefor. Read and

approved.

or Grace Co., to export to

General A. Obregon, Liexico,,i;2,000,00o currency

(41681 - Tabled previously). Granted.

Application t*i h. Grace a Co., to export

to General A. Obregon, Mexico, ;;503,UJO ,old coin

(#1679 - Tabled previously). Granted, for duties.

Application h. Grace ,!; Co., to export

to General A. Obregon, Mexico, 00J,UvO Gold coin

(1166u - previously tabled). Granted in paper and

silver.

Application W. Grace & Co., to export to

General A. Obregon, Mexico,900,000 silver coin

(#1682 - Tabled previously). Granted.

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rws,

Also letter from State Department re Grace

applications a: d memorandum re. Noted.

A letter from Federal Reserve Bank of New

York, re numbers of notes and descrIption thereof

comprising the shipment to be made by Irving

National Bank, New York, to Norway under license

No. 1816. Noted.

A letter by dward Jolles Company re their

application and license No. 1843 issued thereunder.

Same ruling as before.

A letter from Chilean Lmbassy re the appli-

cation of National City Bank of New York (#1866) to

ship to its branch in Valparaiso, Chile, 41,194,815.34

gold bars, with all papers in case. Granted; see

minutes 5/16.

A draft of a letter to Federal Reserve Bank

of New York re paper of Harris Irb:; & Vest). Noted.

secretary to transmit.

1870. National Park Bank, New York, through

L. Denike, Laredo, Texas, to Negociacion Minera

de an Rafael y Anewas, Mexico City, Mexico, durin

Lay, 1v18, $24,0U gold (Filed through Federal Reserve

Bank of Richmond, by T. P. Littlepage, Attorney,

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Washington). Granted to extent of 25'4,). silver value.

1871. Mazapil Coppr Co., Ltd. (C. 3. Mc-

Kinney, Attorney) Laredo, Texas, to samo, Mexico,

during May, :4'101,020 gold. 6ecretary to ascertain

how mush gold and now mucha silver.

1072. Agency of Comision Roguladora del

Mercado de Henequen, New York, to Comision Regula-

dora del Mercado de Henequen, Progreso, Mexico,

4400,000 gold, with letter from Food Administration

re. (Transmitted by Food Administration). Granted

if included in 7 shipments.

1873. Conley & Straight, 2rovidence, T. I.,

to Charles F. Jones & Company, London, Ontario, Can.

iil,567.50 gold. Granted.

1874. Rountze Brothers, New York, to Compania

Linera Fundidora y 41finidora "Monterrey", Monterrey,

Mexico, via Laredo, Texas, i'ii100,000 gold. Granted in-

sofar as needed for taxes or for reimportation require-

ments up to 25L, but for no other purpose.

187b. Yr;lesias & Co., New York, to Casalta

Battistini, Cd. Bolivar, Venezuela, ,6,720. Gold

coin. Granted.

1.876. Zim,%ermann & Fo shay, to Bahamat, an

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Yernando, Trinidad, 1,000 Mexican silver dollars.

(Value $800). Granted.

At 11:4b A. Lt., the meeting adjourned.

APPROVED:

Chairman

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