New York, Oct. 14.
The Board of Governors of the Federal Reserve System, in their report for the week ended October 14, respecting the entire body of reporting member banks of the system, reveal no change on bills bought from both last week and the corresponding period of last year.
United States Securities held showed no change from last week, but registered an advance of $96,000,- 000 compared with the corresponding period of last year, while the Federal Reserve ratio gained 0.1 per cent, over the previous week and 04 per cent over the corresponding period of last year.
Credit outstanding to the Federal Reserve, as compared with last week and the corresponding period of last year, showed a loss of $25,000,000 and a gain of $73,000,000 respectively. Monetary gold stocks were higher by $19,000,000 from the previous week and by $1,781,000,000 from the Corresponding period of last year.
Industrial advances by the Federal Reserve declined by $58,000,000 from the previous week and by $6,858,- 000,000 as compared with the same period of last year.
Bills bought during the period under review totalled—$3,000,000; U.S. Securities held $2,526,000,000, while the Federal Reserve ratio was placed at 80.2 per cent.
Credit outstanding to the Federal Reserve amounted to $2558000000; monetary gold stocks $12,784,000,000 and industrial advances $19,622,000,- 000.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.