San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-10-30

IA
which keeps securities ''liquid,'
raises money easily. Twenty
five more seats will be added to the
exchange, raising the total from
100 to 1925. These will be sold for
$135,000 each, adding $500, 900 to
the stock exchange assets.
One hundred and thirty-five thou
sand dollars is a good price for seats,
especially as the exchange is without
any place to sit down. The brokers
stand up.
EXTRA seats are added, not mere
- ly for the sake of easy money"
but because the brokers actually at
work are unable to handle the bust
ness. Yesterday, for instance, specu-
lators bought and sold 2,407,700
shares of stock. Hundreds of differ
ent stocks are listed, brokers even
beg for an extra holiday to let them
catch up with their own business.
DRICES continue to climb, and
4 many Of those that were busy
shaking a warning finger are now
using the finger to write out checks
to pay for more stock.
IN certain lines there will be
i shock for some Of the spectators.
in others profits steadily increasing.
EVERYBODY has heard of the
- colored brother who put all his
money in the bank, and was told
when he came to draw it out that
interest had eaten up his money"
FRANCE can sympathize with that
1 colored gentleman. She borrowed
one hundred millions from Morgan
and Company to meet an exchange
emergency drop. The French have
been holding the cash to meet other
dangers and meanwhile interest at
the rate of seven per cent has been
eating up the principal, Of which
the French have only S77,750,O0O
left. We haven't got back the money
that we lent Europe, but ut least it
isn't costing us anything while we
don't get it back.
AN air mail service between the
"A United States and Cuba is
promised at an early date. That will
be welcome, bringing friendly coun-
tries closer together.
President Coolidge might inaugu-
rate the air mail by writing to the
president of Cuba, announcing a re-
duction in our sugar tariff.
DRICES Of raw sugar in Cuba are
1 now so low that it does not pay
to produce the sugar. Unless some
thing is done to helm our neighbors
they will be obliged to cut down
production, and Americans will have
the pleasure of paying extravagant
prices for sugar once more.
As a preliminary step American
housewives should buy all the sugar
that is within reason, storing an
extra supply to help dispose of the
present surplus.
IRON Leningrad comes news OF
i cure for epilepsy, the value OF
the cure vouched for by really great
scientist, Professor Pavloff. A serum
made Of antitoxin, manufactured
from the frozen brain substance Of
dogs, produces a serum that prevents
epileptic seizures.
That will horrify anti-vivisection-
lists, but it will mean. il hopes are
justified, a great blessing to the
human race. And the dogs suffer
no pain.
president COOLIDGE does not
i believe in interfering with other
mems jobs, so he allowed distinguish
ed incompetents to put Colonel Nit
chell on trial merely for telling the
truth.
It would be interesting to know the
Presidents real opinion on this pre-
posterous trial.
WHAT Colonel Mitchell said about
w the United States air fleet, its
incompetent management and general
worthlessness was repeated, il sub
stance, by every competent flier tes-
tifying at the recent aircraft inves-
tigation.
TT doesn't seem probable that every
i man in the United States force,
able TO fly, knows less about flying
than the desk-bound gentlemen that
sent the Shenandoah to destruction.
And what about the constitutional
guarantee Of free speech? Docs that
not apply TO army officers?
IF you complained of too hot or cold
j weather yesterday, find comfort in
comparison. In Rapid City, s. d.,
the Thermometer stood at IA degrees
below zero. In Illinois market gar
deners are ruined by frozen celery
and sweet potatoes. Ice has closed