Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-09-11
BULLS AND BEARS
Special Dispatch to Tns star.

Special Dispatch to Tns star.
NEW YORK. September 1.-THE reports
OF the national banks Of this city, under the
call for statements Of condition on August
~ last show on comparison with the fis-
ures for September g. 1904. . decrease Of
96o0. al In loans and discounts. an increase
OF e16. 755. SOS in the holdings OF other bonds
and securities than governments. q decrease
Of ~. 26o. 120 In specie. an increase OF
e85o0, 313 In legal tenders. decreass OF
more than ga O0O. 600 In deposits due other
institutions and an Increase OF moro than
$76o 00o 600 in individual deposits. Since Au-
gust Is. Of course. loans. deposits and cash
have decreased greatly.
Following the money movement abroad In
the direction OF higher rates. the imperial
count rate 1 per cent to per cent. The
bank OF Germany today advanced Its DIS
last previous change made by the bank IN
reduced Dor cent to per cent on Febru.
airy II last II was lowered from per cent
to Sk per cent: on January 10 last 1t was
cut from to per cent: on October II:
per cent: on June 8 1903, the rate was
raised from 81 to per cent: on February
II. 1905. 1t was reduced from to 81 per
cent: on October 4. 1902. 1t was raised from
reduced from 81 to per cent: on January
Is. 1902 1t was lowered from to 81 per
cent; on September g. 1901. the rate was
advanced adv, ,d from sh to per cent: ana on on
per cent.
The August report OF gold on the Rand
was 42S.581 ounces. the record month since
the Boer war began. and the first month in
that period when the surplus has exceeded
AZ. 600 ounces The director Of the mint
estimates that gold production Of the United
States for the calendar year 1904 at $780,
S.210 increases 81. 131. 500. and the pro-
duction Of silver. &33.515. 1898. The largest
gain in gold was in California. $1,000 OoO.
the production being the heaviest since the
eos. Colorado and Montana gained about
81 100000, Utah. 81 100000. and Alaska,
100000. Colorado was the largest pro-
Queer Of gold, and IN silver was second
only to Montana.
Il
In 1903-o4 the Brooklyn Rapid Transit
Company's gross earnings increased about
81, 100000 over the earnings OF the year be-
fore. The increase for the year ended June
30 last was about $1.6O0.O0O. Operating eX-
penses increased about $500. 600 in 10000.
and about 81 900 900 In the year just closed.
The Increases in expenses are of salts
factory sort, for they are more than &C
counted for by growing appropriations for
maintenance Of way and equipment. which
aggregated in the year just closed more
than 1900 over the expenditures for the
same purpose in year preceding, which
showed similar Increases over the year be-
fore. Gross passenger receipts during the
year increased 81. 219 1855, or an Increase or
845 per cent. There was an increase OF
S92 $50 or Y so per cent In the freight, mall
and express receipts and in the receipts OF
the American Railway Traffic Company an
increase of $275. 1876. or 1850 per cent.
Gross earnings for eighty-one railroads
compiled by a Wall street news agency in
creased 10. 10 per cent in July; expenses In
creased 1890. and net earnings. 800 per
cent.