The evening world. Newspaper, June 7, 1921, Page 20

10 TO 11. It was apparent from the action of the stock market this morning that forced liquidation was still in prog- fess und in the absence of demand from public buyers prices generally f showed an unsettled undertone, Th. f market received its chief support from the large short interest which Row exists. t Declines at the opening measured from substantial fractions to more than a point. The sharp drop in values during the last few minutes of trading yesterday prompted com- Mission houses to send out numer- “ous calls for additional margin, and part of the weakness in initial deal- ings was due to the failure of cus- tomers to respond to these margin calls, But when the throwing over of these weakly margined accounts Was completed the market continued to have a nervous and unsettled ‘undertone. There was little if anything in the news to encourage holders of stocks. Foreign exchanges in Initial BANKING AND FINANCIAL. —_—— EO” TOR & TRADER INVES’ 2 = T Week's Issue Contains fneriel Articda on Sweets Company Tobacco Prod. Export Perfection ‘Tire Howe Sound and other stocks Business and et Conditions Of great help to the trader “INVESTOR & TRADER”— issued weekly and given without obligation — will give you the latest news ‘on the active stocks in the New York Curb Market. It will also post you on the high und low of active stocks for the month and year and, the charts and illustrations and the special articles will keep you in- formed on the fundamental con- dition and the trend of the market. It will also explain how to gpen an account, commission rges, deposit requirements. Copy civen—ne charge—in the board room or mailed on requ phone or write wiles For sale at MADISON SQ. 32f ill sy. 1977 Azad STREET 25 277TH, AE Offices in 8 principal citice Direct Private Wires JONES & BAKER Members New York Curb Market Features of the Trading, Hour by Hour Am Rent Sugar = Ys) Iodishome fefintoe Ain Hemet Mage M | tmeimtion Comer dealings again showed a downward | Am Ow oc. M4 | oter Orne Corp... | tendency, the grain markets were] 4™ Ga gf, . 1% | Inter Come Com of | 5 Aim Car & Foundry 1% | Inter Age Cony | soft, with wheat showing a drop Of] 4h Coton on = Rie A Gon | more than a cent a bushel; call] aw prug syd Inter Harventer money renewed at 7 1-2 per cont. | Am Hide & Leather 11% Ite Ne | Inter Mowe | and predictions stiil were every- as Hide & Leal 0% 4% Ww 1% | Inter Paper ... | are" eee ot & & Inter Met Macime where heard of impending indus-| i 1% uy OR gt tae Stee Mae trial dividend reductions. MUCN] qm [ntemational . oH B14 4TH +h L Inter Nickel and probably exaggerated stress | Am Linseal Oi .. 27 De was placed on additional price cuts afl chen ve... ay ae S + announced in the motor irdustry, | {O% fern Oe ee ew and on the announced necessity of| 4m sho & Com 8% 8 8% transcontinental carriers {o cut} Am Smee & Ret 40% 38% 404 + e ‘ tmulate|Am 6m & Ro. 73% TH 7% — se be rates in order to # i oe ae ie idee traffic. Am Steel Fidry . 2% 2% Bh — The statement of C. M. Schwab re-| am 3 1% 18 + Barding the improvement in the | 4m 90% = % + erty ‘ m c Sie WH + Y vaste position on the industries {22 “Ni Te iN toi 10m of the country as a whole, instead} ann @ Tel te % 716% of being favorably received, simply | Am ‘Tavaoco ..... 122% 120% 12% 4+ served to stimulate discussion re- | Am To of ote W121 110% 30m be aise tHe He ea Sin La France im 8 8% te) eal os eee lla: ti ia Wo Bi Tw tol gah Man important cuts in the prices Of} am writ Paper of. 20% 90 @ «=! je u steel products. 1t has been many | Am ote 6 OW BW ean rae | months since Wall Sireet has felt so blue. Liquidation the r steel shares and the same time there were definite indi- cations that holders of railroad shares were disposing of these is- es for the purpose of protecting speculative commitments in the in- dustrial group, United States steel dropped neariy a point, compared was most apparent in bber and tire stocks, in the oils, At the with the close of last night, rubber and tire shares generally showed losses of from one to two points, and in Mexican Petroleum and Pan- American in which powerful specu- ive interests have been opposing market positions losses extended to more than 2 points. Among spe- cialties, Loew's and International Paper were especially heavy. Equipments were off from 1 to 2 points. Rails receded from frac- tions to more than a point, 11 TO 12. Trading, which had been! at the rate of 1,250,000 shares during the first hour, quieted down as the session progressed, and in most sections of the list a better price tone was shown. Railroad stocks recovered nearly all their early losses, inde- pendent steels broke away from the heaviness of United States Steel, and the sugar shares recovered all their early losses. Rubber and tire issues also were able to get close to the final figures of yesterday. But the Mexican oil shares continued to be conspicu- ously heavy. Pan-American ex- tended its loss to more than four points, and the drop in Mexican Petroleum was approximately as large. On the other hand, Royal Dutch, Shell Trading and a host of the other oll shares were distinctly strong. 12 TO 1. Professionals took charge of the market during the noon hour, and as a result of their operations prices again developed an unsettled tone. Arete iaprem Ade Allie Chater pf. Am Hank Note. Am 7 Anaconda . Amo Dry Amo Atohison ty Atehiaon Auto Sales Corp of 11% 11% 11% — Paliwin Loco... 78% Tom + Rait & Ohio . WH BH WH + Halt & Obio ph... W 49% 19% — Batepias Ming MM Bek Steed sh SL Doth Steel 8 po. We We Wh — Beth Steel B, os ae B+ dit Fisheries ce! 4 « Bebo Rag Tren... 1K 1% Ih Dkiyn Rap Tran ca 6% 6% OOM — kn Union Gas ® o eo — Browa Shoo ...... 40% 4% 40% — Butte Cop & Zinc. 4% 4% 4% Butte & Superior, 12% 2% 12% Butterick Co 10% 16% 16% Barnale Bo. RY Rh By Caddo Cont Oil 1% It seemed to be the aim of the bear crowd to take advantage of the ex- treme weakness which developed in the Mexican oil shares, @ loss of more than 5 points com- Standard Oil Booklets In a few days we will have rei for distribution the jatest ei most complete compend um of Standard Oil Companies giving full details of capitalization, divi- dends, balance sheets, and other details right up to the minute. Edition limited. Ne charge. Write teday L.L. Winkelman & Co. 62 Broad Street, New York Telephone Broad 6470 Branch Offices in Leading Cities Direst Wires to Varions Markets DANCING ACADEMIES. ly well in face of the Weaknogs of | Geston W & W. these two issues, lost all their early |General Queer . gains. Bquipments also were sub. | Cm Jected to considerable pressure. TTo7, The market's downward Movement be-| Gt Northers of. came more general during the fourth | Great Mor Ore... hour, and a number of issues which have been popular mediums for Speculation made new jow marks tor all time. Among these was General Motors, which sold at 9 3-4. Theatre stocks became especially weak, and unsettiement was more Pronounced in the oll, rubber, equip- ment and tobacco shares, The downward movement Was not FUNERAL DIRECTORS. FIFTH AVENUE MEMORIAL New York's Institution ANCING CARNIVAL ST. NICHOLAS RINK 66th Street, near Broadway Evening, Fret Sundays, 230 M, to 12.30, 2 Lanops Ciskivaion) 300 necessary to take lessons, eric Leare te danse es thie sane, on he Dancing on Second Floor. Yor Weo-sectateay 40 West 57th St. Mexican | Eniicott Johnson Petroleum, at its low mark, showed | Brie pared with the close of last night.| fumam Plays. This drop was duplicated in the| Fk Ruther ...... case of Pan-American. Other oils, | "evr which earlier had held comparative. | +h + % -%* + % —8 + % Or-— % oo & —- % -~ % - & — —% -1 —-%* + % 1% = 8 - % - | —h % - % + 1% - & + 1% + % + 1% % —1% + % -1 —% —1 —-* - % - & - %& ‘Wikhom Coal ..... —2 5 O% Bh + 2% ; 12% «13 ; 19 10% + Brie i of.. 5 % 18 . O% 0% — 2! r 2 13% + % Teme... 1 16% 16th General Amialt.... 0% 5 0 + %& ME i Th. et ie %— % + Be Dh Wh — % jeneral Eleotrlo .. 1% 132 186 + 1% Motor .... 10% 9% 10% + % Generel Motor deb.. TH 3% 13% — 1% Geral Mt Om, &@ &8 @ —1 . 1% De OK % mh 7 T —1 Granby Mining mem nm —1 Th 6% OH — % 7% M4 WH+ Y The oversokd position of the market The volume of trading sharply THE EVENING WORLD, TUESDAY, JUNE _ . — 7 SS UAT RN WY AH DPI » 1, 1921, Aligh., i 13% Kamraty sory Hendee . on 1% | Houston O11. 4) Than Motom \% | Minnie Centra oil of Ad, Bim & Au. Atl Coast Line... Atl, Gulf & WI. | Me ++tt 2 checked by a rally amounting to 2/| Uses Ou .. cents in demand sterling. Money | U2 Pacific continued to rule at 7 1-2 per cent,, and brokers reported that there| Uate Dre . was an appreciably less amount of Meta bleed time money being offered at 7 per} to cent. United Auoy Ry Inv Oo. ‘By lav Oo ef 2 TO 3. became a factor in shaping the course of prices during the last hour, and under more or less urgent | |) short covering prices scored @ brisk | uta rally. Mexican Petroleum and Pan- American doth rallied about points, and other speculative fa- vorites which in earlier dealings had | virusioa dropped from one to more than| Wabash . three points recovered about half a a 4 their loss. ‘ @cace#a Segecete in- creased and the total of transac- tions was well beyond a million an: a quarter shares. As the session drow to a close the |Whedim & Lm short covering movem: White Meme . ne ent, Deeame | wits oo more and more urgent, and at] wieiwim Sted... times the more active shares | Wille Overtand Jumped a half point and more be- tween shares, The tone at the Hakew & Barker, Max Motor Ist of. | May Dept Stores. i Ming & St Louis. Kan & Ter Unlon Pacific "t.. Va Car Oh of... & Helt,, Tze SS ae low, 2 9 90% 1% aN BY 60% 10% —% om last, 2 ° 0% 1% Mm 15% m4 10% ay ‘4 oy a 10% 8% 40% 19% + + + 5 + + +1tt + Suares. High. Low, Laat.) stitres. High, Low, Lat. INDUSTRIALS. 1500 Gold fone .. bs Bb 6 Acne Explos cfs mn u u 1000 Great Bend 1 1 1 Amal Leather .. Be ty 13 200 Iecla Mining 5% i Chl & Fat ih, 18% 13% «18% | 1000 fron lesa ae 8 Chavtand Auto 39 ©8069 | 1000 Jumbo Extension . 5 bd Empire Poot 1% Lite 11% | $500 Knox Divide .. 1s is Goodyear Tire 6 4 5 1000 McNamara . . 6 uw Inter Rubber 4% 8 ~—-§ | (200 McNamara Creecent 00. 8 8 Perfection Tire ry Ty {4} 1000 Marsh afin J 6 Reading Coai rts 16 15% 16% | €00 Mother Lode now. He o% Gouthern Coat & 1 ‘4 3% 8% | 600 Nacional Tin. % 6 Sanderd Gas & Mor., 1K UM 1% 00 Niplaing . . % ™ Standard Ges & lec pt 1% M% 34% | 8500 North Star ..... 6 ‘ Swees Co th % 2% | 6000 Nex Cons .. ° 4 US Stam * * % | 1600 Rochester Mines e e U 8 Bhip Comp so MY 100 Ban Toy... bet United Profit Sharing. 1% 4 th | 1200 Sliver King Divide. . bh Unlied Retatl Candy iy i | 1008 am P&G ee 2% 1000 Universal G Mth] 100.8 Stier Lana. * * & % 1800 West Bnd Gh + 1M 1% 1% | 1600 Succes Min s i STANDARD OILS, Ww ‘4 4000 Angio-am O11 4% 15% H 135 us % Cac * mS mes n im 8 8 uw * % 3 1 6 2 1% 1 100 Guffey @ 1% $000 Hudson Oi % | wr 1200 Int Petrol .. Ma“ oe % 4100 Mararaibo Oil 1% | on% 500 Merrit Ol o% | 04% 1 | 450 Midwest tet. 1st 31% % | 400 Mountain Prod . om 2% — 1%) 100 Now Ol ...... ™ Anglo Am Ol 7s. mM % | 200 Noo Ol pe . th | 11000 Armour & Co 7 CS ae %q | $500 Noble OU . 26 6000 Beth Steel 7s 23. 95% 95% 85H, Me) 100 Nat OWN J 2 | Heth Steel To 35. 2% MK % 100 Omar OU 2 1% 50% 1100 Producer & Refiners . 4 100 190 500 Red Rock Oi % 9% 100% % | 300 Malt Creek Prod : uM 3% 1400 Simms Pet ™% KM % | W000 Skelly OU . % 7% 1% % | 1000 Texan O & L.. % Co © —- 1% | 300 United Tex On . + 90% = 90% 2 100 United Royalty - 2 8% 1% % ) 100 Woodburn 1 Ono Citles 2% 9 % 2000 Ohio Cities a 8 8 % | 1000 Alaska-Dritish Col % | 1000 Pan Amer Pet 20% 90% 90% 1200 Atiante 1 1-1 | 5000 Sears Rowbuck 90% 90% 2% | 4500 Big Ledge . te Yu! 2000 Sears Bowbuck 6% 9% | 1000 2ooth 3 3 3 | «2000 Sears Ionbuck Pad ~ % | 4000 Boston & Montana .... 61 60 GL 1000 Solvay et Cle 9% SH — 2%| 1200 Caled Min ... 1010 Southern Ry y % | 1000 Calumet & Jerome toot 96% | 460 Candelaria M 40 101 %4 3200 Cortez Siiver . ‘ 100% 400 Cresson Gold . oH 1% 100% %| 600 Dolores Kaperanz ...... 2% 2 103% 100 Dundie Artz ... . * * 100% % | 2500 Rureka Croesus 3 8 5% 600 Bureks Holly 1% 1% 93% | 1000 Gold Cons oT ' 20% | 1200 Geld Devel 1 1 8% 1000 Goldfield Florence . 30 9% 1000 Gold Kewans . 1 1 100 800 Gold Silver Pick 5 5 9% N. Y. GIRLS CHOSEN VASSAR BEAUTIES %} 7 — % | Miss Eleanor Hope and Miss Carel ‘or % | De Bevoise % LIBERTY BONDS. | Ging Among 24 to %| Liberty 31-28 opened 88.2. ; d try Daisy Chain, %| 41-48, 86.66, off .06; 3d, 90.78, off .02;! POUGHKEEPSIE, June 7.—The cov- [+441 1441 » ere Fee 1% 1 4th, 86.74, up .04; Victory 33-45, 98.08, | Off 04; 43-45, 98.12, off 02 | \ FORBIGN EXCHANGE. At 3% o'clock—Sterling, demand 3.80 8-8, cables 3.807-8, up 2c, French francs, demand .0810, cables .0811, up :0012¢. Lire, demand .0483, cables 0484, up .0009¢. Belgian francs, de- mand .0810, cables .0811, up .0012 1-20. | Marks, demand and cables .0153 1-2, up .00021-2c. Austrian kronen, de- mand and cables .0023, off .0000 1-4c. Swiss francs, demand .1713, cable 715, unchanged. Gutlders, demand 13368, cables .3370, off .0005c, Pesetas, Vdemand .1293, cables .1295, up .0010c. Swedish kronen, demand .2250, cables | .2255, up .0005c. Norway kronen, de- mand .1490, cables .1495, unchanged. Denmark kronen, demand .1745, cables .1750, unchanged. Argentine pesos, demand .7075, cables .7095, cff .0050c. DIVIDENDS. ‘The Manhattan Shirt Company de- ciared the regular quarterly $1.75 pre- ferred dividend, payable July 1 to stock of record June 17. ——>— ONE A MINUTE, WHY A GUN? Prisener of ming Gaye Sackers Are Plentiful. Ovido Bernacchi of No, 399 First Avenue and Enrico Bersanti of No. Accused Fiimflam- 1495 Tenth Avenue were arrested yes- terday on a charge of filmflamming Angelo Redit! of Belott, Wis. out of $900 in the latter town several weeks ago. Detective Sergts Capone and Sesta of the Italian Squad made the arrests after Rediti identified the men. Both Bernacohi and Bersanti ad- mitted their guilt and said “finding suckers wus so easy, a fellow with a gun to eet money was a fool.” Bersanti, it was said, is a great street corner weeper, after finding a Inkely “victim, and ‘then Bernaccht jcomes up. e three usually leave together, talk over troubles and show money. Redit! got. spurious money and his victimizers his real bills, eee AIR TROPHY RACE SATURDAY. Hamilton Cup Contest Krom Hart- ford to Springfield, Mass. Trials for a new speed record for aviation in New England will be made Saturday when fliers will enter a {ree- for-all handicap race from Hartford, Conn., to Springfield, Mass, and re- turn. in a contest for the Charles K. phy is named in honor of the .birdman who made’ the first New York-Phila- delphia fight. It will be awarded by the Hartford Municipal Aviation Com- mission, having been donated by Sey- mour Wemyss Smith, magazine writer and member the committee in charge of the event. The race will mark the opening of Brainard Field s¢ Hartford. aera | COUNTRY CLUB FOR CONVICTS. | Warden Lawes yesterday transferred the twenty ‘“best-behaved” prisoners in Sing Sing to the prison's honor farm at Wingdale to wid the work of planting vegetables for the prison. The farm ig called “Sing Sing Country Club.” Fifty-four prisoners are now on the farm, which has 00 walls or fences, |eted honor of carrying the daisy chain jon class day, June 18, at Vassar Col- \lege, has been awarded to the twenty- jfour sophomores who are the most | beautiful and the honor this year in- jcludes two New York girs, They are |Miss Eleanor Hope of Manhattan and bMiss Carel De Hevoise of No. : Poll Street, Brookiyn, | No 803 Car ‘The students, ail’ members of the sophomore cl are chosen each year ‘for their bea alone. pasty atone TU ‘COUNTESS MONTESSE DIES | Victim ef Peritonitin—Belonged to | Prominent French Family. Countess Claude de Montesse, twenty- six, who died at her home, No. 175 West and whose body was removed to the Morgue for jautopsy, came of a well known French |family, accorting to Roy J. Pomeroy, jhead of @ movie studio at No, 1947 Broadway. ‘The autopsy showed death |was due to peritonitis, Mr. Pomeroy says the Countess and jher husband, who was a Captain in the |Prench Army, went to Russia from Paris three years ago. Shortly after they had arrived at Petrograd her hus- band was taken from a sick bed by the Reds and shot. ‘The wife escaped to Constantinople after two years, from where the British authotiti ° re les sent her to | —_—_—>___ BELMONT PARK ENTRIES. RACE TRACK, BHLMONT PARK, N. Y., June 7.—The entries for to- morrow's races are ag follows: fo Hoi wt, 109 Frogtown ")°1117 ning uaid 9 ud seiese THI “Selling: for filtes; 1 olds; four end e ball turkey steane: Index Ts we Hamilton Memorial Trophy. The tro- | thitr of Carrell ‘Reot Bd eee} we 10k CHAPTER XVILL (Continued) DON'T like the Sparrow tak- ing such a deep interest in his welfare,” growled the wo- man beneath her breath. “And I don’t like the fact that Yvonne is still alive. If she were dead then we should have nothing to fear nothing!" Benton said grimly. “But who fired the shot if Hugh dn't?” asked Mrs. Bond. “Personally, I think he did. He dis- covered something — something we don't yet know—and he went to the Villa Amette and shot her in revenge for the old man’s death. That's my frm belief.” “Then why has the Sparrow taken all these elaborate precautions?” “Because he's afraid himself of the truth coming out,” said Bentqn. “He certainly has looked after Hugh very well, I had some trouble to persuade the lad to come down here, for he evidently believes that the Sparrow is hig best friend.” ‘ “He may find him his enemy one day,” laughed the woman. When at 7.30 they sat down to dinner, Hugh suddenly remarked that he found it imperative to go to Lon- don that evening and asked Mrs. Bond if he might have the car. Benton looked up at him quickly, but said nothing before Louise, “Certainly, Mead shall take you,” was the woman's reply, though she was greatly surprised at the sudden request. “When do you wish to start?” asked his hostess. “Oh! about 9—if I may,” was the young man’s reply. “Will you be back to-night?” asked the girl who, in a pretty pink dinner frock, sat opposite him. : “Yes. But it won't be till late, I expect,” he replied. “Remember, to-morrow we are gv- ing for a run to Bournemouth and back,” said the girl. “Mrs. Bond has kindly arranged it, and I dare say she will come too.” “I don't know yet, dear,” replied Mrs. Bond. The truth was that she intended that the young couple should spend the day alone together. Benton was filled with curiosity. As soon as the meal was over, and the two ladies had left the room, he poured out a glass of port and, turn- ing to the young fellow, remarked: “Don't you think it’s a bit danger- to go to town, Hugh?” It may be, but I must take the risk,” was the other's reply. “What are you going up for?” asked Benton bluntly. “To see somebody—important,” was his vague answer. They arrived at the corner of SM, [ateaa’€ Street at 10.30. Hugh gave sad | Mead & shillings to get his evening meal, and said: Be back here at midnight, Mead.” “Very weil, sir. Thank you,” replied his hostess’s chauffeur. 5 Hugh Henfrey, instead of entering the smart society hotel, turned up the street and walking quickly found himself ten minutes later in Ellerston Street before a spacious house, upon the pale gren door of which was marked in Roman numerals the num- ber fourteen. Consumed by curiosity, Hugh pressed the electric button marked “Visitors,” and a few moments later a smart young footman opened the joor. “Mr. George Peters?” inquired Hugh. “f have an appointment.” “What name, sir?” the young, nar- row-eyed man asked. “Henfrey.” “Ob! yes, sir! Mr. Peters is expect- ing you,” he said, and helping off Hugh's coat he conducted him to the upper floor, to a room beyond. ‘The house was beautifully appoint- ed. ‘The room was empty. Of a sudden the door reopened and be was met by a stout, rather wizened old gentleman with white, bristly hair ang closely-cropped mustache, a mon whose ruddy face showed good living and who moved with the brisk alert- ness of a man twenty years his junior, Upon his hand was a black glove, evidently io hide some deformity. “sit down,” the other said as he closed the door. “I'm very anxious to have a little chat with you.” Hugh took the armebair which Mr. Peters indicated. “Now,” he said; “I was surprised to learn that you had left your safe asylum in Kensington. Not only was I surprised—but I confess, I was aabaies “I take it that I have to thank you for making those arrangements for my escape from Monte Carlo?” re- marked Hugh, looking him etraight in the face. “No thanks are needed, my dear Mr. Henfrey,” replied the elder man. “So long as you are free, what matters? But I do not wish you to deliberately run risks which are so easily avoided. Why did you leave Abingdon Road?’ “T was advised to do so bya friend.” “No, by a Mr. Benton, whom I The old man's eyebrows narrowed for a second. “Benton?” he echoed. "Charles Benton—is he?” “Yes. As he was a friend of my late father I naturally trust him.” Mr. Peters paused. “Oh, naturally,” he said a second later, “But where are you living now?" Hugh told him that he was the guest of Mrs. Bond at Shapley Manor, whereupon Mr. Peters eniffed sharply TS / and, rising, obtained a box of good cigars from a cupboard neer the fire. place. “You went there at Benton's suge gestion—eh?” “Yes; I did.” Mr. Peters gave a grunt of undis- guised dissatisfaction as he curled himself in his chair and examined the man before him, “Now, Mr. Henfrey,” he said at last, I happen Kverywhere was taste and luxury, | “Not by Miss Ranscomb, I am - | eure." ! i cal ny Ol i 2 ill 3 ail y ii to know something of your present position, and the great difficulty in which you are to-day placed by the clever roguery of others. Will you please describe to me accurately ex- actly what occurred on that fateful night at the Villa Amette? If I ip ger straight in the face. “I thought you knew all about it,” he said. “I know a Httle—not all. I want to know everything. Why did you ven- ture there at all? You did not know It was surely a very un- usual hour to pay a call,” said the ttle man, his shrewd eyes fixed upon his visitor. “Well, Mr. Peters, the fact te that my father died in very suspicious circumstances and I was led to be- lieve that Mademoiseile was cognizant of the truth.” The other man frowned slightly. “And eo you went there with the purpose of getting the truth from her —eh?" he remarked with a grunt. Hugh nodded in the affirmative. “What did she tell you?” “Nothing. She was about to tell mo something when the shot was fired by some one on the veranda outside.” “H'm! Then -the natural e#urmise would be that you, suspectimg that woman of causing your fathes’s death, shot her because she refused to tell you anything—eh?” “I repeat she was about to disclose the circumstances—to divulge her se- cret, when she was struck down.” “You have no suspicion of any one—~ eh? You don't think that her man servant—I forget the fellow’s name— fired the shot? Remember, he was not in the room at the time “I feel confident that he did not. He was far too distressed at tho terrible affair,” said Hugh. ‘The out- rage must have committed by some one to whom the preservation of the secret of my father’s end was of most vital importance.’ “Agreed,” replied the man with the black glov: “The problem we have to solve is who was responsible for your father’s death.” “Yes,” said Hugh. “If that shot had not been fired I should have known the truth. “You think, then, that Mademolselle of Monte Carlo would have told you the truth—eh?” asked the bristly- haired man with a mysterious smile. ‘Yes. She would.” Well, Mr. Henfr not of your opinior “You think possibly she would have implicated herself if she had told me the truth?” “Ido, But the chief reason I asked you to call and see me to-night is to learn for what reason you have been induced to go on a visit to this Mrs, , Bond.” “Because Benton suggested it. He told me that Scotland Yard knew of my presence in Kensington, making further residence there dangerous.” “H'm!" and the man with the black glove paused again, “You don’t like Benton, do you?” “I have no real reason to dislike him, He has always been very friends ly toward me—as he was to my late father. The only thing which causes me to hold aloof from him as much as I think I am I can is the strange clause in my ;father’s will.” | “Strange clause? echoed the old man. “What clause?” “My father, in his will, cut me off from every benefit he could unless f married Benton's adopted daughter, |Louise. If I marry her, then I obtain a quarter of a million, I at first [thought of disputing the will, but Mr. |Charman, our family solicitor, says |that it is’ perfectly in order. ‘The will |was inade in Paris two years before jms death, He went over there om | some financial business.” | “Was Benton with him?” asked Mr. Peters. “No. Benton went to about two months before.” “H’m! And how soon after your | father’s return did he come home?” | “I think it was about three months. He was in America five months alto~ gether, I believe.” ‘The old man, still curled in his chair, |Smoked his cigar in silence. Appar- jently he was thinking deeply. “So Benton has induced you to go down to Shapley in order that you shall be near his adopted daughter, in the hope that you will marry her! New York love with Lady Ranscombe's daugh- ter. I know -a truly charming girl. I congratulate you,” he added, as though speaking to himself. “But jthe situation is indeed a very compll- cated one.” For me it is terrible. I am living |under a cloud, and in constant fear of arrest. What can be done?” “I fear nothing much can be done {at present," said the old man, shaking his head gravely, ‘I quite realize that you are the victim of certain lenemies who intend to get hold of your father's fortune. It is for us to combat them—if we can.” “Then you will continue to help me?” asked Hugh eagerly, looking into the mysterious face of the old ‘fellow who wore the black kid glove. “I promise you my aid,” he reptied, putting out his gloved hand as pledge | Then, as Hugh took it, he looked straight into those keen eyes and j asked: | “You have asked me many ques- tions, sir, end I have replied to thein all. “May | ask one of you—my friend?” “Cer replied the etder man. ' “Then am correct in assuming that you are actually the person of whom I have heard so much up and down Europe—the man of whom cer- tain men and women speak in admi- ration, and with bated breath—the man known in certain circles as—as TL Paasern?” The countenance of ire little man with the bristly white wair and the Dlack glove relaxed + a smile, still holding Hugh's wad in frie ship, he replied: “Yes. Iti ‘uc, Some know me «+ Do Not Miss To-morrow’s Interesting Instalment. : In the mean time you are deeply in, 1