My dog ate a rawhide bone?? please help?

My pomeranain ate a small rawhide bone. this morning i woke up and found poop on the floor. it was solid with a little bit of runny. I let him out and he had runny poop and was pooping out blood it wasnt clotted or anything it was just red and came out when he pooped. he drank some water but threw it up. will the rawhide desolve?? I cant take him to the vet until tomorrow will he be ok?? He is a male 8 year old pomeranian and weighs 8 lbs