When disaster strikes the show, the circus people brand the yarn-spinning Colonel Jack a jinx. Big Tim reluctantly decides he must sell up, but Colonel Jack says he will get the money to save the circus. Can he do it, or is it just another tall story?

The star attraction of the circus is horseback rider Ben Ali. But Ali is temperamental, and he threatens to quit if Corky stays with the circus.

Corky intervenes when Chief Spotted Horse and his tribe are unjustly accused of horse stealing.

The circus marksman, who always wears a mask, is drawn into a robbery plot by his outlaw brother. His circus friends Corky and Big Tim are horrified when they learn the circus was robbed by a masked man.

Ricardo, an escape artist, is suspected of being a thief. Corky follows the performer one night to see if the story is true.