"Market still going down?" asked Russ.

"Not the market," replied Greg. "My stocks. All of them hit new lows today."

Russ dragged at the pipe thoughtfully. "I've been thinking about that stock business, Greg."

"So have I, but it doesn't seem to do much good."

"Look," said Russ slowly, "what planets have exchanges?"

"All of them except Mercury. The Jovian exchange is at Ranthoor. There's even one out at Pluto. Just mining and chemical shares listed, though."

Russ did not reply. Smoke curled up from his pipe. He was staring into the fire.

"Why do you ask?" Greg wanted to know.

"Just something stirring around in my mind. I was wondering where Chambers does most of his trading."

"Ranthoor now," said Greg. "Used to do it on Venus. The listing is larger there. But since he took over the Jovian confederacy, he switched his business to it. The transaction tax is lower. He saw to that."