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Underneath the vigorous head-lines which our client had quoted I read the following suggestive narrative:-

Late last night, or early this morning, an incident occurred at Lower Norwood which points, it is feared, to a serious crime.

Mr. Jonas Oldacre is a well-known resident of that suburb, where he has carried on his business as a builder for many years.

Mr. Oldacre is a bachelor, fifty-two years of age, and lives in Deep Dene House, at the Sydenham end of the road of that name.

He has had the reputation of being a man of eccentric habits, secretive and retiring.

For some years he has practically withdrawn from the business, in which he is said to have amassed considerable wealth.

A small timber-yard still exists, however, at the back of the house, and last night, about twelve o'clock, an alarm was given that one of the stacks was on fire.

The engines were soon upon the spot, but the dry wood burned with great fury, and it was impossible to arrest the conflagration until the stack had been entirely consumed.

Up to this point the incident bore the appearance of an ordinary accident, but fresh indications seem to point to serious crime.

Surprise was expressed at the absence of the master of the establishment from the scene of the fire, and an inquiry followed, which showed that he had disappeared from the house.

An examination of his room revealed that the bed had not been slept in, that a safe which stood in it was open, that a number of important papers were scattered about the room, and, finally, that there were signs of a murderous struggle, slight traces of blood being found within the room, and an oaken walking-stick, which also showed stains of blood upon the handle.

It is known that Mr. Jonas Oldacre had received a late visitor in his bedroom upon that night, and the stick found has been identified as the property of this person, who is a young London solicitor named John Hector McFarlane, junior partner of Graham and McFarlane, of 426, Gresham Buildings, E.C.

The police believe that they have evidence in their possession which supplies a very convincing motive for the crime, and altogether it cannot be doubted that sensational developments will follow.

Later. - It is rumoured as we go to press that Mr. John Hector McFarlane has actually been arrested on the charge of the murder of Mr. Jonas Oldacre.

It is at least certain that a warrant has been issued.

There have been further and sinister developments in the investigation at Norwood.

Besides the signs of a struggle in the room of the unfortunate builder it is now known that the French windows of his bedroom (which is on the ground floor) were found to be open, that there were marks as if some bulky object had been dragged across to the wood-pile, and, finally, it is asserted that charred remains have been found among the charcoal ashes of the fire.

The police theory is that a most sensational crime has been committed, that the victim was clubbed to death in his own bedroom, his papers rifled, and his dead body dragged across to the wood-stack, which was then ignited so as to hide all traces of the crime.

The conduct of the criminal investigation has been left in the experienced hands of Inspector Lestrade, of Scotland Yard, who is following up the clues with his accustomed energy and sagacity.

Sherlock Holmes listened with closed eyes and finger-tips together to this remarkable account.

"The case has certainly some points of interest," said he, in his languid fashion. "May I ask, in the first place, Mr. McFarlane, how it is that you are still at liberty, since there appears to be enough evidence to justify your arrest?"

"I live at Torrington Lodge, Blackheath, with my parents, Mr. Holmes; but last night, having to do business very late with Mr. Jonas Oldacre, I stayed at an hotel in Norwood, and came to my business from there.

I knew nothing of this affair until I was in the train, when I read what you have just heard.

I at once saw the horrible danger of my position, and I hurried to put the case into your hands.

I have no doubt that I should have been arrested either at my City office or at my home.

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