“Not sure of it?”

“That seems strange to you,” replied Gilsey. “I can explain in a few words.”

“Well?”

“Mr. Cecil Kendall, one of my most trusty clerks, has been absent on a vacation for several days. During the illness of our cashier, Mr. Knights, for nearly three months, Kendall has been doing double his share of work. He has handled the cashier’s end of our business, as well as his own.”

“I follow you,” said Nick attentively.

“My own duties here are very arduous,” continued Gilsey, “yet, as far as possible, I always keep an eye upon the work of all of my clerks. Kendall, however, is a man of unusual ability, an expert accountant, and a man in whom I have had the greatest confidence. His work on the books has always been satisfactory, yet in doing double his ordinary duties it would not be strange if some of his work had fallen a little behind.”

“That is true,” admitted Nick. “Do you find that the books are not in proper shape up to date?”

“Unfortunately, I cannot tell,” was the reply. “Kendall went to Boston to attend the wedding of his brother last Tuesday. He was to have returned this morning, but has not yet appeared, nor sent me any word explaining his absence. I am unable to tell in just what condition he left his accounts. I know, however, that several large amounts were received here during Monday, and also that considerable was used for the payment of notes which came due that day.”

“I see, sir.”

“It was an exceedingly busy day for Mr. Kendall,” continued the banker, “and he worked here Monday until compelled to leave to catch a late train to Boston. I went home at my usual hour, about four o’clock, so did not see him after he wound up his Monday work. Whether he has left part of his work undone, depending upon memoranda of which I am ignorant, I cannot say. All I know, Nick, is that he has not returned to-day, as expected, and that there appears to be a serious deficit in the cash accounts.”