Bilbo Baggins was a typical hobbit who didn't care much for adventures, until the wizard Gandalf persuaded him to join a band of dwarves to retrieve a horde of gold stolen by the dragon Smaug. He soon finds a magic ring and encounters a haunting character known as Gollum. 'A glorious account beautifully told,'---New York Times. 320 pages, softcover. Ballantine.