GAINS & LOSSES
Outside of an Indiana diner, Richard Harrow kills two men, relieving one of them of an envelope with the name and address of a Michigan title insurance company. Following that lead, he heads to Michigan and kills a businessman who claims he's only a middleman.
In Atlantic City, Chalky White has opened a new nightclub on the Boardwalk, the Onyx Club. As workers prepare for the night, Chalky and Dunn Purnsley meet with talent agent Dickie Pastor, who hashis wife, Alma, by his side. Chalky and Dickie negotiate a fair price for the dancing duo, Grover and Greene, to perform at the Onyx, while Alma flirts with Dunn, suggesting they meet later.
In the upstairs office of the Onyx Club, Nucky Thompson brokers a peace between himself, Joe Masseria (accompanied by Lucky Luciano and Tonino) and Arnold Rothstein(Meyer Lansky by his side). Though unwilling to shake his hand, Masseria accepts a cash settlement from Nucky, putting the bad blood behind them. Rothstein, however, is uncertain of Nucky's motives.
In court, Gillian Darmody pleads her case to regain custody of her grandson, Tommy. Julia Sagorsky explodes, accusing Gillian of raising her grandson in a "cathouse." However, the Judge is irritated with both parties because no one is willing to elaborate on the circumstances that brought Tommy to the Sagorskys in the first place.
Willie Thompson, home from Temple University for a few days, drives his father, Eli, to Mickey Doyle's warehouse.Willie questions his father, wanting to know more about the "family business," but Eli is evasive.While Willie waits outside, Eli meets with Mickey Doyle, Agent Sawicki and his new partner, the seemingly gullible and incompetent Agent Warren Knox. As Eli and Sawicki take care of business, bootlegger Elmer Borst, a big bankroll of cash in hand, approaches Knox about getting protection of his own. He's got a thousand-gallon store of whiskey in his barn and wants more security than the booby trap he's rigged: "I got a surprise for the next fox in the henhouse. Back door. Pulley. Shotgun."