Embezzler, shill, all around confidence man S. Quentin Quale is heading west to find his fortune; he meets the crafty but simple brothers Joseph and Rusty Panello in a train station, where they steal all his money. They're heading west, too, because they've heard you can just pick the gold off the ground. Once there, they befriend an old miner named Dan Wilson whose property, Dead Man's Gulch, has no gold. They loan him their last ten dollars so he can go start life anew, and for collateral, he gives them the deed to the Gulch. Unbeknownst to Wilson, the son of his longtime rival, Terry Turner (who's also in love with his daughter, Eva), has contacted the railroad to arrange for them to build through the land, making the old man rich and hopefully resolving the feud. But the evil Red Baxter, owner of a saloon, tricks the boys out of the deed, and it's up to them - as well as Quale, who naturally finds his way out west anyway - to save the day.

Silent cowboy Western serial.

Two prospectors, one the father of Sky "Lightning" Bryce and the other the father of Kate Arnold, find a large gold deposit belonging to an Indian tribe. They head for home but each sends a note to their respective off-springs advising them of their good fortune. One of the fathers conceives a plan of taking a dagger and wrapping a piece of string around the blade, after which he prints on the string with a lead pencil, the exact location of their find. If something happens to them, the string goes to the son and the knife to the daughter. That night an Indian approaches their camp and blows some mysterious wolf powder which causes a man to see wolves in place of human beings. Lightning's father see his partner as a wolf and stabs him to death; later he is brought into town in a dying condition but before dying, hands the knife and the string over to the sheriff with instructions to deliver to Lightning and Kate.