"I have no idea further than that he came to New York to see you—and that he came here from his hotel."

"See here! Do you mean to insinuate that we—er—may know where he is—why he is missing?" demanded Jesse Pelter, sharply.

"I insinuate nothing, Mr. Pelter. But if you expected him the next day after he was here, and he didn't come, why didn't you telephone to him?"

"I—er—I didn't know where he was stopping. If I had known, I might have telephoned to him. Although he had a right to stay away from here if he wanted to."

"He is transacting quite some business with you, isn't he?"

"We have done quite some business together in the past, yes," answered the broker, coldly.

"And matters were not going very well, were they?" questioned Dick, sharply.

"They were going as well as could be expected."

"You owed my father a great deal of money, didn't you?"

"We did owe him something. But we don't owe him anything now. We settled up with him in full," was the reply, which filled Dick with new astonishment.