It's the last night of 1899. In Helsingfors they celebrate the new millennium. The students at the university are dancing and among them is Helge Ulfstjerna.
A retired Scotland Yard detective, Patrick Fitzpatrick (Tom Walls) comes back to take one final case, tracking down a missing vase which has been stolen by a gang of thieves specialising in taking art treasures.
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).
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.
The terrible tempered Mr. Bang is commuting to work. When the trolley takes more than 5 seconds to arrive, he follows the tracks to the Skipper's house, where he bets him $10 he won't get to work on time.