The Augusta herald. (Augusta, Ga.) 1914-current, July 31, 1914, Home Edition, Image 15

The Augusta herald., July 31, 1914, Home Edition, Page FIFTEEN, Image 15

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Newspaper Page TextFRIDAY, JULY 31. TO-DAY’S FINANCIAL AND COMMERCIAL NEWS THE AUGUSTA COTTON MARKET. Middling closed today 13%c Middling last year 1314 c. Tone steady. CLOSING "QUOTATIONS Good ordinary 11 3-8 strict good ordinary 11 7-S Low middling 12 3-4 Strict low middling 13 3-8 Middling 13 5-S Strict middling 13 7-S L»ood middling Tinges, first 13 3-3 Tinges, second 12 3-4 Previous Dav's Fierures Good ordinary 11 3-8 Strict good ordinary 11 7-8 Low middling 12 3-4 Strict low middling 13 3-8 Middling 13 5-8 Strict middling 13 7-8 First *inge 13 1-2 Secon tinge 12 7-8 Kecsipts For Week Sales. Spin. Slilpt. Saturday Monday 33 Tuesday 200 Wednesday. . . . .—— Thursday 140 140 -—■ Friday S 4 Total 140 140 010 Comparative Receipts 1913. 1914. Saturday 92 60 NEW ORLEANS COTTON New Orleans.—Wild and wide find na tions featured today’s cotton market at the opening. News from abroad was considered most unfavorable and the market opened 3S to 43 points down but almost immediately reacted on enormous buying by realizing shorts. By many brokers the market was considered dan gerously oversold; offerings became very scanty and prices soared standing half an hour after the opening 7 to 8 points over yesterday’s close and 46 to 51 points up from the opening level. LIVERPOOL COTTON Liverpool— Weekly cotton statistics: Total forwarded to mills 51.000 bales; of which 38,000 were American; stock 856,000, American 618,000; imports 40,000, American 23.000; exports 2,000. Cotton spot unsettled, prices irregular. Good middling 7.14; middling 6.66; low middling 6.18. Sales 4,000; for specula tion and export 200. Receipts 7,000. Futures closed irregular and unsettled. August 6.45 August and September 6.28 September and October 6.21 December and January 6J1% February and March 6.13% April and May 6.16 May and June 6.16% Noon—Official closing; July 6.46% value. July and August 6.45% value. LIVE STOCK MARKET CHICAGO HOG AND "ATTLE MARKET Chicago. Ills.—Hogs: Receipts 13,000; dull; bulk of soles StlOaOOO; light S60al)10; mixed S45a9K; heavy 830a900; rough 830- a 846: pigs 74a0890. Receipts 1.500; steady; beeves steers 640a540; Stockers and feeders &50a800. i 'ows and heifers 375a -915; calves 750a11.25. Sheep: Receipts 7,000; steady; sheep f«isasßs; yearlings 56a0650: lambs 600a -810. THE WHEAT PIT OIO«L CLOSE All Accounts Squared With No Suspensions Today. Lively Fluctuations. Chicago.—NMwithiitanding chances of failures because of the difficulty of fi nal settlement of July contracts, the Chi cago Board of Trade today refused to consider any propose! to close the doors of the exchange Xo suspensions took place one of the largest houses an nouncing that it would receive the trans fer of any trades which could not other wise be closed Wheat prices fluctuated in a lively manner during the opening hour, declin ing but thereafter were compara tively steady, closing with losses of to BVfec net. Square Accounts. Chicago—At the opening of the Board of Trade today first, sales of wheat showed changes of not to exceed two and a quarter cent* as compared with a va riation of seven cents at the opening yes terday. The primary changes were down ward. All members of the Board of Trade to day succeeded In squaring their accounts on time at the clearing house. CHICAGO GRAIN MARKET Chicago, lll*.—Fear that because of the war there would be a terrific squeeze today in the deliveries of July wheat, turned out to be misleading Wheat sold off sharply from the outset start log 1 6-8 to 4 1-8 down and continuing to fall until the decline reached 814 after which there were moderate rallies. Corn also tended downward. Opening prices which varied from one decline to 1 % advance were followed by a genera! fall In some cases to 4c but with some upturns later. Oats held comparatively steady. Provisions were lower. After the first hour fluctuations In wheot kept within a range of lc The c ose was steady. 584 to B>4 under last night. Buying on the part of shippers caused firmness In subsequent corn dealings. It closed weak, at 314 to 4 cents net de cline. Open. High T.ew Co» WHEAT— July .... 9014 91 88 8814 Bept .... 80 98 to 8884 CORN— July 74 7414 71 71 Bept .... 73 78 8914 8914 OATS — July .... 38 384, 8414 3484 Sept .... 378* r?\ 56 84 38 >4 PORK— July . . . .2360 2850 2826 2850 > Sept . . . .2075 2075 2000 2007 i.ard — Sept . . . .1817 1020 980 #72 Oct . . . .1030 1030 972 >4 915 RIBS— Sept . . . .1200 1205 1150 1188 Oct .. . .1160 U6O 1107 \\p Monday e 7 Tuesday ' aa ~, Wednseday 2 1 Friday .... J? '• '• 66 21 To,al 818 ~4S Stocks and Receipts Stock in Augusta, 1913 10 SS7 Stock in Augusta, 1914 m ats Kec. since Sept. 1913 335856 Rec. since Sept. 1, 1914 374,206 Augusta Daily Receipts _ . 1913 I*l4 Georgia Railroad 27 17 Southern Ry. Co 18 Augusta Southern 7 Augusta-Aiken Ry. Co 3 C. and W C. Ry Georgia Raiiroad 7 Wagon A. C. L. 11. R “ Cana! River Net receipts as ■>. Total Jr, 0 Through . Total ~65 ~ Weekly Crop Movement, End ing Friday, July 24, 1914. „ . 1914. 1913 Receipt- . . 6.659 13.807 8,565 Crop in St. 14,298.662 13,409,854 15,399.364 Came in St. 14.298,662 13,409,854 13,399.364 Shipments .. 21.429 13.857 8.565 Stock 129,729 158,015 110.503 \ is. Sup. ~ 3,303,501 2.770,943 2.659,326 FAILURE 1.1. COTTON FIRM S. H. Pell & Co. Suspend Market Fell Off 140 Points. Single Purchases of 25,000 Bales. New York.-At the offices of S, 11. Pell & Co. all information as to the suspension was witheld. It was report ed however that a statement would be forthcoming this afternoon. The fail ure of the firm, one of the largest do ing business on the Cotton Eehange, was attributed in financial circles to the, sensaiional drop in cotton valuoe during the week. The suspension of the cotton broker age firms of F. J. Frederickson A Co., and More, Howe Ac Co., both small con cerns, also was announced. The market was unaffected by the announcement. The S. H. Pell &. Co., held membership In the New York Stock Eehange, Chi cago Board of Trade, New York Produce Exchange, New York Cotton Exchange and the Liverpool Cotton Exchange. The members of the firm are Stephen 11. P. Pell, Charles A. Kittle, H. 11. Pell and associate member, Col. Robert M. Thomp son, who was a member of the famous Patten cotton pool. The failure caused the cotton market to fall off 140 points. A statement of assets and liabilities was not made. During the excitement that followed, heads of cotton exchange houses them selves went into the pit and made heavy purchases. Some of these brokers had not been into the pit themselves for years. Single purchases of as high as 25,000 bales of cotton were made before closing. AUGUSTA EXCHANGE IS PRACTICALLY CLOSED Followed Closing of New York and New Orleans Exchanges. Condition Re port Today Was Bullish. Following the closing of the New York and New Orleans Cotton Exchanges the Augusta Kxrh' nge was practically closed today. There was considerable excite ment on Cotton How previous to tile closing because of the wild fluctuations of the market. Many cotton men are of the belief that the New York and New Orleans ex changes should have closed several days ago. as Llverpolo did. for the fact that ‘the exchanges have been kent open have cause dterrlfle losses throughout the country. The condition report on cotton today, which was 70, was considered bullish and cotton would have gonfc up rapidly had conditions been normal. DEATHS FAULKNER, MR. JAMES E.-Dled this afternoon at 1:50 o'clock at his home, 1406 1-2 Sllcox Street, In the 57th year of his age. The funeral services will be conduct ed from the residence tomorrow morning at 10 o'clock, the Rev. Thomas Walker otilclating. and the interment wll Tollow in the West View Cemetery. Besides his wife, Mrs. James Faulkner, deceased Is survived by three sons, Messrs. Foster, Horrace and J. E. Faulkner, Jr.; four daugh ters, Mrs. George Allen, Mrs- W. H. Hchellne and Miss Maude Tthel Faulker of this city, and Mrs. G. Bush, of Bath, 8. C., also by two brothers. Messrs. J. B. and J. F. Faulkner, of Augusta. HOURLfIiMPERATURES Degrees * A. M 95 7 A. M 94 S A. M «1 * A. M 97 10 A. M 70 11 A M 72 13 noon 75 1 P M 77 2 P. M 50 N. Y. COTTON FUTURES N«w Y©rw. Cotton futures doted un settled in tone st <1:16 s. m No offi cial prices mndc Following are the last sales August 9.90; October 10,50; December 10.75; January 10.70, March 10-79. April 10.90, CLOSE LONDON STOCK EXCHANGE System of Credit Practical ly Broken is Reason For Unprecedented Action To day. London, July 31. —The London stock exchange has been closed until fur ther notice. The decision to close the exchange was taken by the committee at a meet ing held this morning. The committee also announced that the settlement due August 13, has been postponed until August 27, and that the consols settlement due August 6, has been put over until September. Stocks which have yet t<» be deliv ered for the acocunt just closed must, however, be paid for. The chief reason tor the unprece dented action of the committoe \va.- the fact that the system of credit had practically broken down and it was im possible to carry on business in the ordinary way. This situation dH not arise through over speculation, but because bankers could not collect mar gins which had been gradually shrink ing while at the same time the conti nent continued to pour stock into Lon don. Bankers here bad been trying for days past to get their customers I > take up this stock. Kilt the impossibil ity of finding cash and inability to sell the securities caused credit usiness automatically to cease. The street today wns full of dealers and their clerks di.«#ussing the situa tion in a more orlessmournfultone. Glasgow and Edinburg. Glasgow, Scotland, July I.—The stock exchanges here and in Edin burgh were closed today. To 5 Per Cent. Berlin, July 31.—The rate of discount of the Imperial Bank of Germany was raised from 4 to 5 per cent today. Liverpool Closed. Liverpool, July 31. —The stock ex change here was closed today. At Manchester. Manchester, Eng., July 31.—The committee of the Manchester stock exchange ordered the market closed to day. Political Notices. TO THE VOTERS OF THK AUGUSTA Circuit: I am a candidate for the Judgeship of the Superior Courts of the Augusta Circuit, subject to the ap proaching August White Primary. I will appreciate vour support. Respectfully, ts ISAAC S. PEEBLES. JR. HAVING BEEN NOMINATED BY MY fellow-citizens of Richmond County to represent them in the Lower House of the General Assembly. I hereby an* nounce my candidacy for the position, subject to the rules and regulations of the White Primary of % August 19th 1914, and will appreciate the vote and influence of every citizen of the County. %W. WALLACE CLARK, wed frl sun ts The Farmers’ Candidate. COTTON CONDITION JOLY 25TH 76.4 IN U. S. GOV’T REPORT Compares With 79.6 Per Cent, on June 25th Thi|n Year, 79.6 Per Cent With July 25th Last Year, 76.5 Per Cent, in 1912 and 80.0 Per Cent, the Average Condition on July 25th For the Past Ten Years. Georgia Has Gained 2.0 Compared With Ten Years Ago—South Carolina, 4.0. Washington, D. C. The condition of the growing cotton crop of the United States on July 25th was 76.4 per cent of a normal, compared with a ten-year average of 80 per cent, the United Staten Department of Agriculture's crop reporting board announced at noon today in Its third condition report of tlie* sea son. Tills condition compares with 79.6 per cent on June 25th tills year, 79.6 per cent on July 26th last ye;»r, 76.5 per cent In 1912, and 80.0 per cent, the aver age condition on July 25i,h for the pant ten years. The area planted to cotton and under cultivation on June 26th this year, as previously reported was 36,960,000 acres, a decrease of 498,<M)0 acres or 1.3 per cent from that under cultivation on June 2f»th last year. A condition of 100 per cent of a normal on July 25th would be equivalent to a yield of 234.1 pounds of cotton to the acre, the bureau of crop estimates has announced. Weather Favorable. Weather <ondltlons generally have been favorable to the crop throughout the month except In the western part of the belt where lack of rain and high temperatures caused late cotton to suf fer severely. During the early part of the month lo cal showers over large areas to 11mb eastward of the Mississippi greatly Im proved the outlook, and the early plant ed crop was nearly every where reported as In good condition. West of the Mississippi, htiWfVM, DO rain OCCtiffed over the greater part of the cotton growing fxjrtlons of Texas and the late planted in that state was suffering for moisture. The early planned, however, COMPARISONS OF CONDITIONS, BY STATES, FOLLOW: July. June- —July 23 Htates 25, 25, 10-Year 1911. 1914. J 91- 1912, Av. Virginia 89 hr, k 1 %'• North Carolina 86 82 77 ho 80 Houth Carolina 79 81 7f> 75 79 Georgia 82 *3 76 ho Florida . .86 86 *2 75 83 Alabama ..81 88 79 73 79 Mississippi . .79 HI 77 HH 77 * . .76 HI 79 76 77 Tsxhs 71 74 8| HI *| Arkansas 72 74 81 Ht 81 Tennessee ... ?'J 79 90 71 #3 Missouri 75 93 H 6 75 H 4 Oklahoma 75 79 8] ho 82 California 100 100 |(o uu jpj United Htstes 79.6 79.6 76.5 80.0 . The fourth condition report of the season, giving the condition of the crop on August 25th, will be Issued at noon, Monday. August 81st, THE AUGUSTA HERALD, AUGUSTA. GA. CLOSE IF N. I N. 0. COTTON EXCHANGES Market Convulsed By Fluctuations of 80 to 30 Points Between Sales. Thought Wise to Suspend Operations and Example of Stock Exchange Fol lowed. New York. -The coffee and cotton exchanges, following the lead of the stock exchanges, suspended operations here today, the former voting not to open, and the latter closing after a trading session of little more than an hour. The suspension of two small con cerns anounced on the floor of the cotton exchange, failed to affect the market. After tne suspension of S. 11. P. Pell and Company was announced the cotton market became convulsed with fluctuations of 20 to 30 points sales, in some instances, and a falling off of more than 100 points from last night's closing. Huge supporting or ders from short interests rallied It sharply, however. It was felt that it would be wise, however, to suspend activity until the situation became more settled and shortly after eleven o’clock the Board of Managers voted to close the exchange until ten o’clock next Tuesday. Tremendous blocks >f cotton were traded in and at the time of closing the undertone was steady. October cotton was quoted at 10.50; December at 10.75 and January at 10.70, repre senting net declines of 60 to 70 points from last night’s close. Until Further Notice. New Orleans. -The New Orleans cotton exchange closed today until further notice. This was the first time in its his tory the exchange was closed during a session. Violent fluctuations shook the market from the outset. There was a range, of 120 to 134 points and when trading ceased prices were 69 to 70 points down. SPECIAL NOTICES. NOTICfc. IN ACCORDANCE WITH THE BY- Laws. the annual meeting of Stock holders of Georgia Chemical Works, will bo held at Augusta, the sernnd Tuesday in August, being the 11th day of the month. W. H. I*. SHEPARD. AlO Secretary. Charleston & Western Carolina Rwy. Agent’s Office, Augusta, tin., July 14th, 1914, Sale of unclaimed and refused freight; Thfrt’e will bo sold at Public Auction, August 18th, 1914. at the Charleston A Western Carolina Rwy. Freight Depot, at Augusta, Ga.. various articles of tin claimed and refused freight. Kales will commence ai 10 a. m. and will continue from day to day until goods are disposed of. Goods sold without guarantee of qual ity, quantity or value. List of articles to be sold may be seen on Bulletin at Richmond County Court House, and nt Charleston & Western Carolina Freight T Vpot. Parties buying goods must Immediately remove them from place of sale. Terms cash. <ll. It. WALKER, J 14 23 31 A 5 13 17 Agent. wns making satisfactory growth in Texas as well* as In most portions of Oklahoma, Arkansas and Louisiana. 801 l weevil were reported as Increasing In several sections. Toward the middle of the month gen erous showers over the Eastern states greatly favored growth and the planted was generally reported as being lr» good condition. In the central portions of the belt local rains greatly benefited the cm ipn Arkansas and Louisiana and In parts of Mississippi, but rain was bad ly needed in Mississippi as well as in Tennessee. In Texas and Oklahoma but little rain fell and the soli then was be coming very dry; the efcrly planted cot ton was reported as doing we|J, however but the late planted was much in need 0/ rain. Greatly Improved. During the latter part of the month widely-distributed showers, wltii mod erate temperatures and the usual amount of sunshine, greatly Improved conditions of cotton over all eastern and most cen tral districts and the prospects con tinued good. In the western part of the belt practically no rain fell in Texas and only small amount sin Oklahoma and Arkansas. High temperatures prevail ed during much of the time and late planted cotton was suffering severely. Tha early planted was standing the drought fairly well, hut rain whs greatly needed in most of the district. 801 l wee vil conditions remained th«- same; they appeared inactive conditions remained the same; they appeared Inactive how ever and were doing little damage In Texas. (Continued from Yesterday.) Bruce, Ruinabai, and Pundita fol lowed the captain. He peered Into the cages, one by one, and at length came to the leopard’s cage. And there was the crafty Ahmed, calmly stroking the leopard, which snarled suddenly. Ahmed stood up with a flue Imitation of surprise. The cap tain, greatly mystified, turned about.; he waa partially convinced that ho had had hts work for nothing. Still he had his tongue. "Thou. Ramabat, hast broken thy parole. Thop wert not to leave thy house. It shall be reported.” Then he took a shot at Bruce: "And thou wilt enter the city on the pain of death.” With this he ordered the soldiers right about and proceeded the way ho had come. “Ahmed, where Is she?" cried Bruce, who was as mystified as the captain. Smiling. Ahmed raised one of the broad teak hoards, and the golden head of Kathlyn appeared. "Ahmed,” said Bruce, delighted, "hereafter you shall be chief of this expedition. Now, what next?" "Secure flies and return for my mu ter.” "Walt,” interposed Kathlyn, emerg ing. "I have a plan. It will be use less to return tonight. He wilt be too well guarded. Are you brave, Pun dita?" “I would die for the memsahlb.” "And I, too,” added Ramahai. Ahmed und nruco gazed at each other. "What Is your plan, memsahlb?” and helping Kathlyn out of the cage, the door of which he closed quickly, as the leopard was evtnclng a temper at. all this nocturnal disturbance. "It Is a trap for Umballa." “He Is oh wise ns the cobra and as suspicious as the Jackal,” said Ahmed, doubtfully. "Reason forbids that we return to night. Umballa will wait, knowing me. Listen. Pundita, you shall re turn to the city. Two men will ac company you to the gate. You will enter alone In the early morning.” Pundita drew clone to her husband. "You will seek llmballa and play traitor. You will pretend to betray me.” "No, no, memsahlb!” "Listen. You will demand to nee him alone. You will say that you are “You Btand In Extreme Danger, Sahib.” Jealous of me. You will tell him that you are ready to lead him to my hiding place." "No, Mies Kathlyn; that will not do at all.'j’ declared Bruce emphatically. To this Ahmed agreed with a shake of the head. "Let mo finish," said Kathlyn. "You will tell him, Pundita, that he must come alone. He will promise, but by somo sign or other he will signify to his men to follow. Well, the guard may follow. Once Umballa steps In side the bungalow we will seize and bind him. His life will depend upon his writing a note to the Council to liberate my fntber. If be refuses, the leopard,” "The leopard?" "Yes; why not? A leopard was the basic cause of all this misery and treachery. Let us give Umballa a taste of It. Am I cruel? Well, yes; all that was gentle and tender In me seems either to have vanished or hardened. He has put terror Into my heart; let me put It Into his.” “It Is all Impractical," demurred Bruce. “He will never follow Pundita,” said Ahmed "Then shall we all sit down and wait?" Kathlyn asked bitterly. "At deast let me try. He will not harm Pundita, since It Is I he wants." "Bhe Is right," averred Pundita “A woman can do more at this moment than a hundred men. I will go. mem sahib; and, more, I will bring him back.” “But If he should hold you as a host age?" suggested the harried Ahmed “What then?” “What will be will be,” answered Pundita with oriental philosophy. The Adventures of Kathlyn By HAROLD MAC GRATH Illustrated by Pictures from the Moving Picture Production of the Sellg Polyscope Co. "You shall go. Pundita,” said Ra tnabat; "and Durga Ram shall choke between these two hands ts he harms a hair of your head," "And now to bee," said Ahmed. Well for Kathlyn that ahe had not the gift of clairvoyance. At the pre cise moment she put her head upon the pillow her father was writhing under the lush; but never a sound came from his lips. Kit was free. Kit was free! "Tomorrow and tomorrow's tomor row you shall feel the lash," cried Um balla when he saw that his victim could stand no more. “Once more, whore Is the filigree basket?" Feebly Iho colonel shook his head. "Tomorrow, then! Up till now you have known only neglect. Now you shall feel the active hatred of the man you robbed and cheated. Ah, rubles and pearls and emeralds; you shall never see them." "Nor shall you!" “Walt, and see. Thero'H another way of twisting the secret from you. Walt; have patience.” Umballa laughed. And tills laughter rang In the colo nel’s ears long after the door had closed. What new deviltry had he In mind? The next morning Kathlyn came into the living room dressed, for the first time In weeks. “You are not afraid, Pundita?" "No, memsahlb. Ahmed will have me carried to within n few yards of the gate, and after that it will be easy to find Durga Ram. Ah. memsahlb, If you but knew how I hate him!” After Pundita had departed Ahmed brought In the leopard. Kathlyn petted It and crooned, and the magic timbre of her tones won over the spotted cat. He purred. And now they must watt An hour flew past. Kathlyn showed signs of restlessness, and this restlessness con veyed Itself to the leopard, who began to switch his tall about. "Memsahlb, you are losing your in fluence over the cat.” warned Ahmed. "Go walk; go talk elephant; a«vl you, Bruce ttahlb, go with her. I'll take care of‘the cat." So Bruce and Kathlyn went the the rounds of the cages. She waa a veritable enigma to Bruce. Tigers lost their tenseness ami looked straight Into her eyes. A cheetah with cubs permitted her to touch the wab bly Infants, whereas the keeper of this cage dared not go within a foot of It. By the time she reached the elephants a dozen keepers were following her. their eyes wide with awe. "Miss Kathlyn, I am growing a bit afraid of you,” said Bruce. "And why?" "I've never seen animals act like thftt before. What Is It you do to them?” "Let. them know that. I am not afraid of them and that I am fond of them.” “I am not. afraid of them and am also fond of them. Yet they spit at me whenever I approach." "Perhaps It is black art.” The shad ow of a smile crossed her lips. Then the smile stiffened and she breathed deeply. For the moment she had for gotten her father, who stood chained to a pillar In a vile cell. She put her hand over her eyes and swayed. "What. Is It?" he cried in alarm. “Nothing. I had almost forgotten where I am." “I, too. I am beginning to let Ah med think for me. Let ua get hack to the bungalow.” He loved her. And he feared her, too. She waa so unlike any young woman ho had ever met that she con fused his established Ideas of the sex "It Is best.,” said Ahmed, "that we all remain Inside the bungalow. Ra mabal, have you any plan In case Pundita does not return?” Ramabai's breast swelled. “Yes, Ah med. I have a thousand friends In yonder city, ready at. my call. Only, this Is not the time. Still, I can call to them, and by tomorrow there will not be a stone of the palace upon an other. Be not alarmed. Pundita will return, but mayhap alone." So they waited. Now, Pundita, being a woman, was wise In the matter of lure. She en tered the city unquestioned. She came to the palace steps Just as Um balla was Issuing forth. She shiv ered a llttle—she could not help It; the man looked so gloomy and for boding The scowl warned her to walk with extreme care. He stopped when he saw her and was surprised Into according her the salute one gave to a yoman of quality. "Ah!" "Durga Ram,” she began, "1 am seeking you.” Her voice trembled ever so little. "Indeed! And why do you seek me, who am your enemy, and who always will be?" "A woman loves where she must, not. where she wills,” Umballa seemed to ponder over this truth "And why have you sought me?" "A woman’s reasons. My husband and the memaahlb —” "You know then, where she Is?” FIFTEEN quickly. "Aye, Durga Ram; I alone know where she Is hiding.” He sent a shrewd glance Into her eyea. Had she wavered, 111 would have befallen her. "Tell me.” "Follow." He laughed. Nearby stood two of the palace guards. “All women are liars. Why should 1 trust you?" "That Is true. Why should you trust me?” She turned and with bowed head started to walk away. "Walt!" he called to her, at the same time motioning to the guards to follow at a distance. 'Tf I lead you to the memsahlb It! must be alone." "You say that you alone know whera she Is?" “I meant that I alone will lead you, to her. And you must decide quickly* Durga Ram, for even now they are preparing for flight, and this time they will go far." "Lead on.” “Send the guards back to that palace." Umballa made a sign with bla hand, but another with his eyes. Tha guards fell back to the palace steps,, understanding perfectly that they and others were to follow unseen. Only once during the Journey did he speak. “Pundita, remember. If you have lied you will be punished." "Durga Ram, I have not lied. I have promlsed-Ao lead you to her, and lead you to her I shall." “Durga Ram,” he mused. She did not give him his title of prinoe; In deed. she never had She was really the rightful heir to thla crown; but her forbears bad legally foresworn. Ah! the Colonel Sahib's camp. Good. He knew now that in Kathlyn'a es cape he had the man Ahmed to reckon with. Presently. “She is there, Durga Ram." "And what more?" Ironically. Ills coolness caused her some un easiness. Had he, by means unknown to her, signed to the guards to follow? Umballa entered the living room of the bungalow It was apparently deserted. He cast a quick glance about. The curtains trembled sus piciously, and even as he noted It, Bruce, Ramabal and Ahmed sprang forth, carrying ropes. Umballa made a dash for the door, but they were too quick for him. Struggling he was seized and bound; but all the while he was laughing In wardly. Did they dream of trapping him In this childish fashion? By now 20 or 30 of his paid men were draw ing a cordon about the oamp. All of them should pay the full penalty for this act. What mattered a few rop4W? He was rather puzzled as to the rea son of their leaving bis right arm frea. , Next, the curtains were thrown back and Kathlyn stood revealad. Near her a leopard strained Impatiently on the lnaah. Umballa eyed her wonderlngly. She was like the woman who had ar rived weeks ngo. And yet to him she seemed less beautiful than when ha paid five thousand rupees for her In the Blave mart. He waited. "Umballa, write an order for my father's release.” "And If 1 refuse?" Umballa wanted to gain time. "You shall be liberated at the same time aa thla leopard. You have had experience with leopards. Do yon not recall the one my father killed, saving the life of your benefactor?" “I will free him In exchange tor your self.” “Write.” She ottered the pen to him. He shrugged and made no effort to take It. "Very well," said Kathlyn. "Leave us." Once alone she said: “Can you run as fast as this cat?” She ap proached and began at the knots of the ropes. He saw by the thin determined line of her lips that ahe meant to do ex actly as she threatened. He concluded then to sign the paper. His men would arrive before a messenger could reach the city. "I will sign, "Ye said. “For the pres ent. you have the best of me. But what of the afterwards?” "We are going to hold you aa hos tage, Umballa. When my father ar rives we Intend to escort you to tha frontier and there leave you.” “Give mo the pen." His men were drawing nearer and nearer. He signed the order of release. He knew that even If It ranched the Council It would not serve, lacking an essential. Kathlyn Joyfully caught up the or der and called to her friends. Ra mahai smiled and shook his head. It was not onough, he said. He took tha Jeweled triangle from Umballa’* tur ban. "Go. Ramabal,” said Kathlyn. strongly tender all at once; "go bring my father back to me. Rest assured that if aught happens to you, Umballa shall Buy.’’. (To Be Cj-uinued Tomorrow.) USE HERALD WANT ADS.