"Forty thousand," said Mr. Soames gently.

"It is a matter of indifference," said Bones. "The point is, will you sell?"

The managing director of the Plover Light Car Company pursed his lips.

"Of course," he said, "the shares are at a premium—not," he added quickly, "that they are being dealt with on 'Change. We have not troubled to apply for quotations. But I assure you, my dear sir, the shares are at a premium."

Bones said nothing.

"At a small premium," said Mr. Soames hopefully.

Bones made no reply.

"At a half a crown premium," said Mr. Soames pleadingly.

"At par," said Bones, in his firmest and most business-like tones.

The matter was not settled there and then, because matters are not settled with such haste in the City of London. Bones went home to his office with a new set of notes, and wired to Hamilton, asking him to come on the following day.