New York, Feb. 7.
The Board pf Governors of the Federal Reserve System, in their report for the week ended February 7 respecting the entire body of reporting member banks of the system, revealed a decrease on total loans amounting to $57,000,000 compared with the previous week, but showed an increase of $40,000,000 compared with the corresponding period last year.
Investments represented an increase over last week by $16,000.000, but were lower by $1,385,000,000 from the same week in 1937.
During the period under review total loans were listed at $8,981,- 000,000 and investments at $12253,- 000,000.—Reuter.
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