The Archive · 1940

Australian Import Licensing Rules

Canberra, Jan. 26. reveal no change on United States securities held compared with last week and a decrease of $87,000,000 compared with the same week in 1939, while the Federal Reserve ratio was higher by 0.1 compared with the preceding week and by 34 per cent. up from the corresponding week last year. H Federal Reserve bank credit showed a decrease of $1,000,000 from last week, but revealed a decrease of '$69,000,000 compared with the corresponding period in 1999.

Monetary gold stocks were higher by $74,000,000 over those of last week and by $3,239,000,000 compared with the same time last year.

Industrial advances by the Federal Reserve advanced by $19,000 from the preceding week and declined by $4,- 220,000 from the corresponding week in 1989.

During the period under review U. S. securities held totalled $2,477,- 000,000 and the Federal Reserve ratio was placed at 874 per cent.

Federal Reserve bank credit amounted to $2,514,000,000; monetary gold stocks $17,879,000,000 and industrial advances $10,911,000.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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