Left alone Mark began to think over the situation. His recognition of his unprincipled acquaintance of the Fifth Avenue stage convinced him that some fraudulent scheme was being carried out. Mrs. Montgomery was probably a confederate of the young man who had just left the room.

"Is he going up-stairs or down?" thought Mark.

He listened, and thought he heard the front door open and shut. It occurred to him to open the door of the chamber and look down-stairs.

He started to do this, but to his surprise found that the door was fastened in some way. He had not heard a key turned in the lock. Possibly there was an outside bolt.

"What object can they have in keeping me a prisoner?" he asked.

Should he ring the bell and summon a servant? If he did so, he would have to leave the house in a state of uncertainty. No! he decided to wait and let further events throw a light on the mystery.

Meanwhile the young man who had possessed himself of the rings left the house, for it was he who had descended the stairs and gone out into the street. He bent his steps to the nearest pawnshop on Eighth Avenue, and taking out one of the boxes, said in a nonchalant voice:

"What will you loan me on this magnificent diamond ring?"

The pawnbroker took the box, and drawing out the ring held it up in the best light. He examined it through a magnifying glass, and a gleam of intelligence flashed in his face.

He returned to the counter, and scrutinizing the young man who had presented it asked in a matter-of-fact tone, "What do you want to borrow on the ring, my friend?"