New York, Feb. 3.
Loans on security to brokers in New York by the reporting member banks of the Federal Reserve System, for the week ended February 2 totalled $611,000,000, a ©ocrease of $387,000000 from the corresponding week of last year.
Loans to brokers during the previous week totalled $651,000,000, Minister of Health Brings in Slum Clearance Bill London, Feb. 3.
A Bill, the second reading of which is expected to be moved next week, has been introduced by the Minister of Health, Sir Kingsley Wood, to make a provision for further State assistance for dum di&rance and the elimination of overcrowding. The subsidy will for the first time be uniform both for slum clearance and over-crowding, The Bill makes special provision for the general needs of the agricultural population. It is estimated on an average, thst cottages can be let, with the aid of the normal subsidy provided in the new Bill, at rents ranging from 6s. to 7s. flats at rents ranging from 75, to 8s, weekly, cottages for the agricultural population at rents ranging from 2s. to 4s, weekly.—Wireless Through Reuter. or $40,000,00 higher than the amount recorded for the period under review.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.