The Archive · 1938

Returns of Federal Reserve System

New York, Feb. 21. The Board of Governors of the Federal Reserve system, in their report for the week ended February 21 respecting the entire body of reporting member banks of the system, reveal an increase of total loans amounting to $19,000,000 compare with the previous week, but a decrease of $24,000,000 compared with the corresponding period of last year.

Investments show a decrease of $14,000,000 from last week and of $1,334,000,000 compared with the corresponding period of last year.

Total loans during the period under review amounted to $8,944,-

000,000 and investments $12,287,000,- 000.—Reuter.

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