The clock in the depot tower registered just twelve, and the noon whistles were blowing when Pesquiera knocked at apartment 14, of the Gold Nugget Rooming-House.

In answer to an invitation to "Come in," he entered an apartment which seemed to be a combination office and living-room. A door opened into what the New Mexican assumed to be a sleeping chamber, adjoining which was evidently a bath, judging from the sound of splashing water.

"With you in a minute," a voice from within assured the guest.

The splashing ceased. There was the sound of a towel in vigorous motion. This was followed by the rustling of garments as the bather dressed. In an astonishingly short time the owner of the rooms appeared in the doorway.

He was a well-set-up youth, broad of shoulder and compact of muscle. The ruddy bloom that beat through the tanned cheeks and the elasticity of his tread hinted at an age not great, but there was no suggestion of immaturity in the cool steadiness of the gaze or in the quiet poise of the attitude.

He indicated a chair, after relieving his visitor of hat and cane. Pesquiera glanced at the bandage round the head.

"I trust, señor, your experience of yesterday has not given you a wakeful night?"

"Slept like a top. Fact is, I'm just getting up. You heard this morning yet how Tom is?"

"The morning newspaper says he is doing very well indeed."

"That's good hearing. He's a first-rate boy, and I'd hate to hear worse of him. But I mustn't take your time over our affairs. I think you mentioned business, sir?"