The number of shares of capi Federal Reserve System New York, Apr. 21.
The Board of Governors of the Federal Reserve System, in their report for the week ended April pecting the entire body of repo: ing member banks of the system, revealed no change on bills bought as compared with the previous week, bu ase of $2,000,000 from the corresponding period of last year United States securities held showed no change compared with the pre-is wee but showed an increase of $77,000,000 compared with the responding period Year hile the federal Reserve tio gained t over the previous week cent over the same period Credit outstanding to the Federa} Reserve, a compared with last week and the corresponding period last rear, showed a decline of $19,000,000 and an advance of $60,000,000, respectively, Monetary gold stocks were higher by $16:000.000 from the previous week and by $1,104,000,000 from the same week in 1937
Industrial advances by the Federal Reserve showed an increase of $169,- 000 from last week, but decreased by $6,028,000 from the corresponding period last year stock outstanding at December 1937 remained the same as at Decem. ber 31, 1936. namely, 6,399,002 shar
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