Published: February 1941
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Story Featuring Superman
When the profits from a huge lumber mill operations, which normally go to under-privileged children, start disappearing, it becomes a job for the Man of Steel!
Superman has a blue "S" on cape.
Story Featuring The Black Pirate
Writer credit added by Craig Delich.
"Can you handle th' circus alone..."
Tex Thomson takes on the costumed identity of Mr. America with this issue, changing the name of the feature. With #54 he will change his heroic name to the Americommando.
Story Featuring Zatara
Back cover.
Inside back cover.
All ads.
"Sponsored by the Makers of H-O Oats"
The ad promotes 21 stations in the United States and 26 in Canada airing the Superman radio show, along with their sponsors.
At the bottom of the second page of the text story.
Inside front cover.
"Learn to be a champion strong man with a 15 lb. bar bell that looks like 250 lbs."
To the right on the second page of the text story and below the Epilepsy Booklet ad.
"A booklet containing the opinions of famous doctors on this interesting subject will be sent free..."
To the right on the second page of the text story and above the Chicago Weight Lifting Club ad.
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