Newly married Kay Dunstan announces that she and her husband are having a baby, leaving her father to come to grips with the fact that he will soon be a granddad.

The Skipper is a charming old man loved by all his neighbors. What they don't know is that he is also Mr. 880, an amateurish counterfeiter who has amazingly managed to elude the Secret Service for 20 years.

Slip invites his cousin Jimmy to stay with his family after he is released from prison. However, Jimmy soon gets mixed up with an auto-theft ring.

Maggi continues her forever-ever efforts to crash Manhattan's top society, while Jiggs still mingles with his old construction cronies at the bar of Dinty Moore on 10th Avenue.