“Yes.”
“He has with him fifteen thousand shares of American Match—par value one hundred, market value to-day two-twenty.”
“Yes.”
“He is trying to hypothecate the lot or any part of it at one-fifty.”
“Yes.”
“You know what the trouble with American Match is, don’t you?”
“No. I only know it’s being driven up to where it is now by a bull campaign.”
“Well, listen to me. It’s going to break. American Match is going to bust.”
“Yes.”
“But I want you to loan this man five hundred thousand dollars at one-twenty or less and then recommend that he go to Edwin Kaffrath or Anton Videra for the balance.”