Show MONEY GETTING TIGHT IN GERMANY Imperial Bank Most Likely Will Wi Advance the th Rate of Dis Discount Ds Discount count Tomorrow VARIOUS REASONS ARE GIVEN Ills l Drain of Huh Cold old to In of r Imperial Very Ver cry Berlin Sept 16 11 I Is probable the rate rail of oC discount of if tIes lira Ih Imperial Hank or of Germany will wi be he 11 advanced n Ie to 4 per percent percent percent cent tomorrow torn row TIle The private route rato of ha been botn bon rising steadily this month smith and Is now non a n full ful 1 per zer tent ent eilt higher hIghe on if Aug ai 21 It I Is lit within U t per cent of o the rate rat rt of ott I th the Imperial rl bank rate rte This rite rIse rt l Is due chiefly to the tho ac in n speculation on the th stock exciting which shows show a greater volume lume thin at al alny any ny time inco 1005 1001 Another cause cUse Is the heavy hay Investment of ot German money In n foreign securities The Th stamp tax returns show that the thA Imports of such luch Into Germany Genan during the pout past fIve Iho months are double that of or 1908 1905 This The hl position of or the Ih Imperial bank has developed less Ices I favorably than for 1 1505 OS For Fr example the thC bank lost host about mark marks about In metal during the four tour weeks weka ended enlo ept 7 1 as RS compared with wih a it gain of about abut l marks about 0 for tor th the corresponding period of ot 1908 The Imperial bank and to a a a greater gator degree the open market markt are arc now be being bl blIng ing big drawn upon for gold to export to and Ollan bankers banker nr nl orO buy buying log ing gold both hoUI In iii I London and Parts Paris for tor export to St 81 Petersburg and other Rus RIs sl ci In n fl points Is ta at al a higher level than at any time since the tho Russo w Japanese war owing to the tho large larK Rus nus Russian sian crops and nd preparations for the ex cx pe te l heavy hAa exports of RussIan Hussion grain Another A reason for tr the tl pressure on Hal bank Is this the th heavy re ro requirements the thuc Imp II hl r before the thO Imperial 1 trees treas treasury ury ur which owes the hank bank about upon treasury bills bl In view of the heavy he requIre requIrement ment l before the th stock exchange In ad addition to tho the ordinary needs of ot trade tr e Interest payments etc the thO demands ui 1101 tn time th bank hank at II the end ond eod of the quat quarter qUArtel tel ter are aro ar expected to be bl enormous e nor I For Tor these reasons 1 It I Is II understood that tho the Imperial Im bank Is III unwilling to attempt to stand the Ihl pressure C nt It the end nd of ot the month without a higher rate of discount to protect It It |