ll keep my eye on you,
and if anything happens I'll sound the warning."

Stella and the other members of the Moon Valley outfit were resting
against the time when they would be called to duty, and only Kit was
there to see Ted catch Sultan out of the corral, saddle him, and ride
away.

Ted rode slowly across the prairie to where he had seen the wolf.

But the wolf had disappeared from view just as Ted started from the
corral, and Kit could see it no more. He took this for a bad omen.
Evidently, the wolf had seen that he had lured a rider from the ranch
house, and, having accomplished its purpose, it was no longer necessary
to expose itself to attack.

As Ted drew nearer to the spot where he had seen the wolf he went more
slowly, and carefully examined his revolvers, and swung his knife sheath
loose, so that he could get at that weapon quickly, if it became
necessary.

Although he looked carefully to the front, he could not see the wolf.

Kit saw that Ted had missed the place where the wolf had been seen, and
that he was too far to the right. He observed, also, that Ted was going
cautiously, and that he was preparing for an attack, and he was sure
that Ted would be able to take care of himself against fair odds.

Now Ted went forward again and soon gained the top of the rise.

He went very cautiously, peering over the edge.

Suddenly he sprang back and whipped out his revolver, and slowly let
himself out of his saddle.

"Ted's found him," muttered Kit in the cupola to Stella, who had climbed
up to his side to learn how the watch was going.

"Let me have the glass, Kit," she said.

Kit handed it to her, and she trained it on the figure of Ted, who was
creeping along the top of the hill.

"Oh, Kit, he sees the wolf," cried Stella, interpreting for Kit's
benefit the little drama being enacted for their benefit on the far-away
hilltop.

"What's he doing now?" asked Kit, who was growing impatient from seeing
nothing except the changing expressions on Stella's face.

"Nothing!"

"Pshaw!"

"Ha!" Stella gave forth an excited little exclamation.

"What is it? Give me the glass."

"Go away!" Stella pushed off Kit's hand that was reaching out for the
glass.

"Now he's gone. He's out of sight. No; I can see his head. It's going up
and down."

A long pause.

"Well, what's doing?" said Kit eagerly, and somewhat impatiently.

"Can't see a thing."

"Oh, rats! Let me look."

"Keep quiet. I see his head