A little more conversation followed, to which Hal listened intently, and then the youth heard Hardwick and Ferris go out.

Churchley continued to read the papers, and during that time the youth hardly dared to move for fear the man might re-commence his investigation.

But at the end of the hour Churchley gave a yawn and arose. Then two more men entered the room, and the trio adjourned to the other apartment.

Making sure that the coast was clear this time, Hal unlocked the door and let himself out. Then he locked the door again, and threw the key under the table.

"That will tend to stop suspicion," he reasoned. "And I must be sharp in dealing with these rascals."

He tiptoed his way to the door leading to the hall-way, and was soon outside.

Hardwick and Ferris had gone long before, and below all looked deserted. It was still snowing heavily, and Hal made up his mind that the best thing he could do would be to return to his boarding-house.

He was soon on the elevated train and riding downtown.

Happening to glance toward the other end of the car in which he was seated, he saw Dick Ferris sitting in the corner, apparently absorbed in thought.

"I'm glad I spotted him," thought Hal. "I must take care he does not see me."