New York, July 29.
The Board of Governors of the Federal Reserve System in their report for the week ended July 29, respecting the entire body of reporting member banks of the system, reveal no change on bills bought as compared with the previous week and the corresponding period of last year.
United States Securities held showed no change from last week, but show an advance of $96,000,000 compared with the corresponding period of last year, while the Federal Reserve ratio remained unchanged from last week but shows a gain of 05 per cent, over the corresponding period of last year.
Credit outstanding to the Federal Reserve, as compared with last week ana the corresponding period of last year, showed a loss of $4,000,000 and a gain of $100,000,000 respectively. Monetary gold stocks were higher by $29.000,000 from the previous week and by $1,791,000.000 from the corre-spending period of last year.
Industrial advances by the Federal Reserve declined by $69,000,000 from the previous week and by $7,852,000,000 as compared with the same period last year.
Bills bought during the period under review totalled—$3,000,000; U.S. Securities held $2526000.000, while the Federal Reserve ratio was placed at 79.7 per cent.
Credit outstanding to the Federal Reserve amounted to $2,560,000,000; monetary gold stocks. $12,433,000,000 and industrial advances. $21,596,000,- 000.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.