“H’m!” commented Jolly thoughtfully, when Pep had concluded his story, and glancing keenly at the stranger, “you seem to have discovered some value to the stock you refer to.”

“Oh, I suppose these stock brokers know how to juggle them along,” responded the stranger, with assumed lightness.

“Well, as I understand it, they were given to my friend Smith.”

“Undoubtedly—why, yes, that is true.”

“As their custodian,” continued Jolly, “I want to look into this matter.”

“I wouldn’t. Waste of time. All a tangle,” insisted the stranger. “Look here, let me give the boy two hundred dollars.”

“You can give Pep all you want to,” observed Jolly, “but I shall advise him to see how the market stands on that stock before he delivers those securities.”

“Hum! ha! quite so,” mumbled the stranger in a crestfallen way.

“And we will let Mr. Tyson know our decision in a day or two.”

“I see—well, I will report the result of my negotiation to my client.”