Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-16

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Outstanding loans Of IL res
a new high of sos. $780, 900 on
from the previous high a week
earlier. an increase of SIS. 644, 900
from Q year ago and an increase
/ Sal. 409, 900 from the like
date of 1852. just before the
present Republican administra-
ton came to power.
Their investments. mostly
Government securities. dropped
to SAT-, 087 900 on the same date,
a further reduction OF 1874
900 from a week earlier, down
$39. 1893. 900 from a year ago and
$50, 755.000 behind the like 1852
date.
All of the decline investments
from a year ago and since the
end Of 1852 has been In short
term Government paper. the
bills, certificates and notes, while
holdings of Federal bonds
actually have shown moderate
gains.
Sharp Decreases In Line
With Administration Policy
In line with the administra-
tons settled policy Of lengthen-
ing maturities on the public debt
and shifting some Of the financ-
ing load from commercial banks
to individual investors, the fig
ures speak for themselves.
Treasury bill holdings of the
Capital banks sank to only $3,-
383. 900 on December Z, compared
with $5.5T3,000 a week earlier,
$27.242,000 on December 8 last
year and $50, 248, 900 on Deem
Der TO- 1852. This was drop Of
1854 per cent since 1862.
Holdings of Treasury certifi-
Gates totaled $8.655. 900. a fur
ther cut of 81 million in the week.
down sl4,2l7, 900 from year
ago and $27,164.o00 below the
end of 1852. a decrease of 75.4
per cent in three years.
Treasury note holdings
amounted to 500, IA, 900. a drop
OF. SIS, 800 900 from a week earlier,
down sl2.l98,0o0 from a year
earlier and $29.S54.000 behind
the like 1852 date, a drop Of %
per cent since 1852.
Federal bond holdings aggre-I
gated 1927, 1868 900 ON December
7. a decrease of $2.791. 900 in the
week, but $10,12l, 900 above a
year ago and $50, 275,000 higher
than on the 1852 date. a rise Of
43 per cent in the three years.
Wider Opportunity Given
To Meet Private Needs
Proceeds from tightening their,
Government portfolios as well
as expanded deposits have en-
abled the Washington banks and
those In other cities to meet pres
ent strong demand for loans and
pay more attention TO personal
and commercial needs than has
been possible in many years.
Commercial loans on Deem
Der Z also reached new high
of $2t3,815, 900, up $l,805. 900 in
the week and $28.344.000 or Is,
per cent above a year ago. The
gain since 1852 was 53,253:000
OF 80 per cent.
Real estate loans of $780,
$4,000 on December Z amounted
to $139, SIC. 900, off SIPS. 900 for
the week. but sl0.922. 900 or 8.5
per cent above a year ago. They
were UP s31. 277.000 or 20 per
cent from 1852.
Other loans. mostly consumer
loans, totaled $140 ,555, 900. a gain
of $1,560, 900 In the week and
$33. lisa, 900 or 80 per cent above
a year earlier. They were UP
$50. 900 or so per cent since
1852.
Demand deposits of 1925. $780,
900 expanded S28,834.000 in the
week and were $13.702. 900 or
2 per cent above a year ago. They
were $20,035. 900 or 90 per cent
above 1852.
Time deposits of $255. 1885,. 900
were of SAC, 900 In the week. but
$18,989, 600 or 8 per cent above a
year ago and $60,903. 900 or 81
per cent higher than on the like
1852 date