which he had hypothecated with banks at these figures 
for sixty and seventy per cent. of their total value, would 
drop ten, fifteen, or twenty points in the hour. It was 
probable that even at these figures they could not be 
disposed of in sufficient quantities to aid him; and, any- 
how, it was his business to support the market—not sell. 
But that would not retard the banks from demanding 
that additional collateral be furnished to cover the shrink- 
age, if they did not demand the total of his loans. Where 
was he to get it ? He was sorry now that he was so badly 
involved with the city treasury. Something ill might 
come of that. He figured briskly the while he waved adieu 
to his financial friends, who hurried away, struck with 
their own predicament; and he and his father waited to 
take a car for Girard Avenue. 
" You had better go on out to the house, father, and 
I'll stop and send some telegrams." The 'phone had not 
been invented then. " I'll be right out, and we'll go into 
this thing together. It looks like black weather to me. 
I wouldn't, if I were you, say anything to any one until 
after we have had our talk; then we can decide what to 
Old Cowperwood was plucking at his side-whiskers in 
his mackerel-like way. He was cogitating as to what 
might happen to him in case his son failed, for he was 
deeply involved with him. He was a little gray in his 
complexion now, frightened ; for he had strained a point 
in his affairs to accommodate his son. If Frank should 
not be able promptly on the morrow to meet the call 
which the bank might have to make for one hundred and 
fifty thousand dollars, the onus and scandal of the situa- 
tion would be on him. Why had he favored his son so 
largely, and that on stocks which were liable to shrink 
so notably ? would be the first question that would be 
asked. The subtle eyes of Adam Davi, the first vice- 
president of the bank, would have to be met—a man who 
was obviously waiting to step into his shoes. He was a