Discount Window Lending Falls 2%

Lending through the Federal Reserve Board's discount window fell nearly 2% during the past week, to $106.4 billion.

Traditional borrowing by commercial banks fell 7.5%, to $29.5 billion. Lending to weak institutions remained at $578 million.

Borrowings against asset-backed commercial paper also held steady at $79 million, and investment banks continued to abstain from the discount window.

Reserves held by financial institutions at the central bank gained 6.8%, to nearly $878 million. The Fed's balance sheet grew less than 1%, to $2.09 trillion.

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