"Ho! Jordan." The hail came suddenly out of the dimness; the light of another cigar drawing near gradually, like the drowsy flight of a belated beetle, being the only sign that Jordan was no longer alone. He started, pulling briskly at his cigar till it glowed and lighted up not only his own features, but those of Ralph Herkimer, who now stood before him.

"Herkimer! Most pleased to see you. Will you--will you come in?"

"No, I had rather join you here in your stroll and smoke, if you don't mind," lighting a fresh cigar as he spoke.

"Well? And are you sorry now you took my advice?" he went on when the process of lighting up was completed. "The difference between the rise we brought about and the impending collapse which you foresaw--and which would inevitably have taken place if your original block of the stock and Rouget's, which I believe you now hold, had all been offered at once. Must be a little fortune."

"Scarcely that, perhaps, but I admit it has turned out a very pretty thing, and does you the very highest credit as a financial engineer. But tell me, how long will this boom last?"

"Till the bubble is pricked, of course--provided the offerings at one time are not more than can be easily absorbed. You can choke even a hungry dog by stuffing too big pieces down his throat."

"Will the price go higher yet?"

"Naturally, if we restrict the supply."

"Fact is, I am holding, still. Never could bring myself to sell on a rising market. I should feel as if I paid every after advance out of my own pocket. But I mean to begin to-morrow--moderately, that is."

"Right," said Ralph between two puffs. He had himself "unloaded" a week before, and had little faith in the future; but it seemed unnecessary to mention that.