"Certainly."

The President sank back in his chair.

"Then you have located Murphy's stock!" he exclaimed. "You've beaten us! That cursed certificate was issued just before—" He paused, and looked sharply toward McAllister.

"Just before you made that strike," finished the clubman significantly.

"Hang you!" cried the Colonel angrily. "What do you ask?"

"Eighteen."

"Too much. Give you ten."

McAllister started for the door.

At that instant a telegraph-boy entered and handed the President a flimsy yellow paper.

"Give you twelve," added the Colonel, casting his eye rapidly over the telegram.