Dick Tracy goes up against a villain known as The Ghost, who can turn himself invisible.

A mad doctor named Zanoff uses a drug to bring himself back from the dead after his execution in prison. Dick Tracy sets out to capture Zanoff before he can put his criminal gang back together again.

Escaped Prisoner 39013 impersonates the rich and influential Horace Granville, allowing him to create a variety of disasters. Fortunately, he is thwarted repeatedly by three daring circus daredevils.

Homesteaders are moving into the valley settled many years ago by rancher Craig Dolan. He wants to keep them out by legal means but his nephew Bart brings in outlaws to drive them out. The Lone Ranger is on hand to help the homesteaders battle Bart's men as he overcomes traps, ambushes, burning buildings and other obstacles in his attempt to bring peace to the valley.