Banks borrow more from Fed; Wall Street takes pass

Banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms took a pass for the sixth week in a row.

A Fed report released Thursday said commercial banks averaged $19.8 billion in daily borrowing over the past week. That compared with a daily average of $18.98 billion in the previous week.

For the week ending Sept. 10, Wall Street firms didn't take out any loans. Their borrowing, however, averaged as high as $38.1 billion a day over the course of a week in early April.

The report comes as Lehman Brothers Holdings Inc., the nation's fourth-largest investment firm, sought a financial lifeline …