"Mr. Hollister, you say—one of our best customers, and a man of unimpeachable honesty; in fact, a director in this bank; surely we cannot imagine for a moment that he could have anything to do with the disappearance of these securities!" exclaimed the president, frowning at Dick.

"Oh! I did not mean that, sir, indeed, I had no thought of such a thing. Only you asked me if there was any other person in the building during that half hour when the rest were out to lunch. Mr. Hollister did not come back of the railing; he only wanted to get change for a large bill, I believe, sir," returned Dick.

Mr. Gibbs glanced toward the cashier, who immediately nodded.

"The boy is right, though I had really forgotten the circumstance. As I was the only one present to wait on him I made him the change. It only took me half a minute, sir," replied Mr. Goodwyn, hastily.

"H'm, at the time he came in you were seated with Mr. Graylock in your room. I understand?" said the president.

"Yes, sir."

"With the securities still on the table?"

"Done up in this buff envelope, just as you see them here, sir," replied the cashier.

The president looked at him as though he may have had a sudden inspiration; but remembering that another was present he refrained from saying what was on his mind.

Turning to Dick he continued to question him.