Tom and Harry are sailors on a yacht, and go ashore for a few beers and whatever else may come up. What comes up is a brawl between them and the barflies in the waterfront saloon they go to. They are aided by an elderly lady and her knitting needles.
Frankie Reynolds (Frankie Darro' ), youngest member of a family of jockeys, borrows $4.85 (yes, four dollars and eighty-five cents) from his sister Phyllis (Gladys Blake), who is not a jockey, to buy a crippled colt from the stables owned by Clay Harrison (Kane Richmond).
Paddy O'Riley and Ossie Merrill, Bellport high school football heroes, enroll in distant colleges; Paddy at a small school in the East, where he is barely a substitute, and Ossie at a powerhouse-football school, where he is an instant star and all-American candidate.
Peyton Wells (Ben Lyon) rescues Judy Jones (Joan Marsh) from a very dull young man, at a sedate party given for her by her multi-millionaire grandfather Silas P.
A newly hired police chief vows to clean up a notoriously corrupt police department. When he is murdered, investigators find that there is no shortage of suspects, most of them being fellow cops.