It was decided that some one should be left on guard lest they lose their remaining stock. The Professor took the first half of the night, Tad going on at half past twelve and remaining through the rest of the night.

Nothing occurred to disturb the camp, for which all hands were thankful. Tents were quickly struck after breakfast and once more the outfit started out on the trail after having discussed the advisability of bearing to the west a little. Their final conclusion, however, was to keep within sight of the gorge.

Two days passed as the little outfit crawled along over the rough mountain passes, down through broad deep washes and narrow draws. It was trying work, but the lads kept up their spirits. So inured were they to hardships, by this time, that the unusual strain gave them little or no inconvenience.

On the morning of the third day they had about decided to change the course and try to find their way out of the mountains as the quickest method of getting out of their predicament.

They were gathering their equipment together preparatory to making a start in the new direction, when Tad startled the camp by a sudden exclamation of surprise.

"What is it this time?" cried the Professor, prepared for almost any surprise.

"I see smoke!"

"Oh, is that all," answered Ned disgustedly, not at first realizing the importance of the announcement to them. "I thought maybe you had discovered the missing ponies."

"Perhaps I have. Who knows? At any rate, don't you see it means we are going to meet some human beings at last? We haven't seen one, outside of our own party, in several days, though we have good reason for thinking that one or more has been near us."

"Smoke, smoke?" queried the Professor. "Where?"