“It was Mr. Ford,” explained Grant.

“Tell me what you know about him,” said the broker, encouragingly.

“I seed him in the Grand Central Hotel, givin' some bond to a flashy-lookin' man. There was a boy wid him, a big boy.”

“With whom—Mr. Ford?”

“No, wid the other chap.”

“I know who he means, sir,” said Grant. “It was Tom Calder.”

“And the man?”

“Was Jim Morrison, the same man that gave me the bonds to sell.”

“That seems important,” said Mr. Reynolds. “I did not believe Ford capable of such rascality.”

“He had as good a chance to take the bonds as I, sir. He was here last evening.”