Answer:Chanticleer dreamed that he was roaming around in a yard, and saw a "beast like a hound," which tried to grab his neck and kill him. The hound's color was between yellow and red. Its tail and ears were tipped with black, snout was small, and its two eyes were glowing. Chanticleer stops explaining his dream here.
Chanticleer had a nightmare about an orange hound like beast who threatened to kill him while he is in the yard. Pertelote is ashamed of him for letting a dream get the better of him.