New York, July 2, The Board of Governors of the Federal Reserve System, in their report for the week ended July 2, respecting the entire body of reporting member banks of the' system, reveal no change on bills bought as com~ pared with the previous week, but 4 decrease of $2,000,000 from the' corresponding period last year.
United States Securities held showed no change from both last week and the corresponding period last year, while the Federal Reserve ratio gained 2 per cent. over the previous week and 4.5 per cent. over the corresponding period lst. year.
Gredit outstanding to the Federal Reserve, as compared with last (eek and the corresponding period I year, showed gains of $1,000,000 $5,000,000 respectively. Monetary old stocks were higher by $12,000,000 from the previous week' and $1,499,000,000 from the corresponding eried last year.
Industrial advances by the Federal Reserve declined by $151,000,000 from the previous week, but show an increase of $1,881,000,000 as compared with the same period last year.
Bills bought during the period under review totalled $3,000,000; U.S. Securities hold $2,430,000,000, white the Federal Reserve Ratio was placed at 789 per cent.
Credit outstanding to the Federal Reserve amounted to §2.473.000,000: monetary gold. stocks $10,612.000,000 and industrial advances $29,785,000.
Text read from the printed page and cleaned; old type leaves the occasional error.