| Issue | #54 |
| Published | August-September 1949 |
| Frequency | Bi-monthly |
| Cover Price | 0.10 USD |
| Pages | 52 |
| Editing | Whitney Ellsworth |
| Genre | superhero |
| Pencils | Win Mortimer (confirmed by Mortimer) |
| Inks | Charles Paris (verified by Paris) |
| Letters | Ira Schnapp (credit by O'Hearn/Desris) |
| Characters | The Treasure Hunter [Charles] (Villain; Intro) |
| Genre | superhero |
| Pencils | Jim Mooney (verified by Mooney) |
| Inks | Jim Mooney |
| Letters | Ira Schnapp (credit by O'Hearn/Desris) |
| Notes | Bruce Wayne revealed as a dime-novel collector. |
| Genre | superhero |
| Pencils | Martin Naydel (signed) |
| Inks | Martin Naydel (signed) |
| Characters | Dan Morgan (Villian; Intro); John Delion (Intro; poss. Juan Ponce De Leon) and his family (Flashback); Paul Delion |
| Genre | super-hero |
| Pencils | Bob Kane (Batman & Robin figures only); Lew Schwartz |
| Inks | Charles Paris (verified by Paris) |
| Letters | Ira Schnapp (credit by O'Hearn/Desris) |
| Genre | gag |
| Genre | superhero |
| Pencils | Raymond Perry |
| Inks | Raymond Perry |
| Letters | typeset |
| Script | Henry Boltinoff (not signed) |
| Pencils | Henry Boltinoff (not signed) |
| Inks | Henry Boltinoff (not signed) |
| Letters | Henry Boltinoff |
| Characters | John Foster (Villain; Intro); the Human Spider Mob (Villain; Intro) |
| Genre | super-hero |
| Pencils | Bob Kane (Batman & Robin figures only); Lew Schwartz |
| Inks | Charles Paris (verified by Paris) |
| Letters | Ira Schnapp (credit by O'Hearn/Desris) |
| Script | Jack Schiff |
| Pencils | Wayne Boring |
| Inks | Wayne Boring |
| Letters | Ira Schnapp |