"Ten o'clock!" came from the man who had found him. "I reckon that clip on the head has muddled you. It's about three o'clock in the morning." "Three o'clock in the morning!" repeated Walter. "Then I must have been lying out there for several hours. That thief has escaped long ago." And his face fell. "Yes, he's had plenty of time, if he did the deed as long ago as that. Did he have anything else besides your uncle's watch?" "I don't know, but it's likely. You see my uncle came to New York from Buffalo to sell some heirlooms which were left to my brothers and myself when our folks died. The heirlooms were in a travelling-bag, and consisted of the watch and chain, two gold wedding rings, and a diamond that a grandfather of mine once picked up in Australia. My uncle left his bag standing in the post-office for a few minutes, and when he got back the grip was gone. The police hunted everywhere for the thief, but all that could be discovered was that it looked as if the rascal had come to Boston. To-night--or rather, last evening--a man came up and showed the watch, which I know only too well, as it has a little horseshoe painted on the dial plate. I tried to collar the fellow, but he ran away, and after stopping in a tenement house, he came here. Now I suppose he is miles away--perhaps out of the city altogether." "That's so, yet there is no telling, lad. The best thing you can do is to report to the police without delay--if you are able to do it." "Yes, I guess I am able, although my head aches a good bit, I can tell you that. I am much obliged for what you have done for me." "Oh, that's all right--hope you get your belongings," replied the watchman, and led the way to the gate, which he unlocked. Soon Walter was on the street, and walking as rapidly as his condition permitted to the police station. At this hour of the night he found only a sergeant and several roundsmen in charge. The sergeant listened with interest to what he had to say. "I remember that case--it was reported to here from New York some time ago. The pawnshops were ransacked for the jewelry and the watch, but nothing was found. So you are certain you would recognize the man again if you saw him?" "I am--unless he altered his appearance a good deal. He had a small, dark moustache, but otherwise he was clean-shaven." "Come into the rear office and look over our album of pickpockets and sneak-thieves. That is what this fellow most likely is--and a peculiar one too. No first-class criminal would do this job as he is doing it." "He drinks heavily--he was partly intoxicated when I met him," said Walter, as he followed the station official into a rear office.