"Oh! well, there are plenty of horses just as good, I guess," Peg went on; "and some people don't appreciate the value of money, anyway. But see here, Frank, you let your eyebrows travel up when I mentioned the fact that I'd graduated from the tenderfoot class. I could see that you doubted my words. Now, I'm going to tell you something that will surprise you a heap. Are you ready for a shock?"

"Oh; I can brace myself for nearly anything, Peg," replied Frank, easily; "so suppose you tell us your great news. Have you entered for the endurance race at the annual cowboy meet next month; or do you expect to take the medal for riding bucking broncos?"

"Any ordinary range rider might do that, even if he lost out," Peg went on; "but my game is along different lines; see? I'm on my way right now to run down the mystery of Thunder Mountain! I understand that for years it's puzzled the whole country to know what makes that roaring sound every now and then. Many cowboys couldn't be hired to spend a single night on that mountain. As for the Indians, they claim it is the voice of Great Manitou; and steer clear of Thunder Mountain, every time. Get that, Frank?"

"Well, Peg, you have given me a jolt, for a fact," answered the saddle boy, as his face expressed his surprise. "I allow that you show a lot of nerve in laying out such a big plan; and if you only find out what makes that trembling, roaring sound, you'll get the blessing of many a range rider who believes all the stories told about Thunder Mountain."

Peg stiffened up in his saddle, as though he realized that he was engineering a tremendously important thing; and had a right to be looked up to as a hero, even before the accomplishment of the deed.

"Well, that's always the way with you fellows out here, I find," he remarked, loftily; "you leave all the big things to be done by fellows with real backbone. But then, I don't mind; in fact I'm obliged to you for neglecting your opportunities so long. Just you wait, and you'll hear something drop. Couldn't I induce you to name a price on that black beauty, Archer?"

"Domino is not for sale at any price," replied the other, quietly.

"Oh! all right then. So long, Frank. Go back home, and wait till I send you word about what I've found out!" and with a careless wave of his arm Peg whirled his horse around, and galloped off.

"Now, I wonder did he mean that; or was he just bluffing?" said Frank, as he turned to his chum.

"He looked as if he might be in dead earnest," replied Bob; "but you know him better than I do, and ought to be able to say whether he'd have the sand to take up such a job as that."