"Right-ho, then, you lucky old devil. So-long!"

"So-long," said Mr. Wilmer-Steck.

He replaced the receiver carefully on its bracket, and it was not until several minutes afterwards that he noticed that his cigarette had gone out.

Then, depositing it fastidiously in the fireplace and helping himself to a fresh one, he turned to the telephone again and dialled a number.

He had scarcely finished his conversation when the Saint erupted volcanically back into the house; and Mr. Wilmer-Steck was suffering from such profound emotion that he plunged into the subject of his visit without preamble.

"Our directors have gone carefully into the matter of those shares you mentioned, Captain Tombs, and I am happy to be able to tell you that we are prepared to buy them immediately, if we can come to an agreement. By the way, will you tell me again the exact extent of your holding?"

"A nominal value of two thousand pounds," said the Saint. "But as for their present value —"

"Two thousand pounds!" Mr. Wilmer-Steck rolled the words almost gluttonously round his tongue. "And I don't think you even told us the name of the company."

"The British Honduras Mineral Development Trust."

"Ah, yes! The British Honduras Mineral Development Trust!.. Naturally our position must seem somewhat eccentric to you, Captain Tombs," said Mr. Wilmer-Steck, who appeared to have only just become conscious of the fact, "but I can assure you —"