"Buying or selling?"

"Buying."

"Outright or on margin?"

"On margin."

"How many shares have you an option on?"

I hesitated.

"Mr. Harding," I said, "in answering that question I assume that the information is confidential and that it will not be used to my disadvantage. Up to now it has been a secret known only to my brokers."

"You will lose nothing by telling me," Mr. Harding said, and I knew that promise was as good as his note at hand.

"My brokers have contracted for 45,000 shares of N.O. & G.," I said, handing him a list of my purchases with dates, amounts, and quotations.

He studied it for a while in silence.