New York, Jan. 3.
The Board of Governors of the Federal Reserve system, in their report for the week ended January 3 respecting the entire body of reporting member banks of the system, reveal a decrease of total loans amounting to $31,000,000 compared with the previous week and an increase of $198,000,000 over the corresponding period of last year.
Investments show a decrease of $47,000,000 from last week and of $1,727,000,000 from the corresponding period of last year.
Total loans during the period under review amounted to $9,387,000,000 and investments $12015,000,0000.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.