| Issue | #54 |
| Published | July-September 1961 |
| Frequency | quarterly |
| Cover Price | 0.15 USD |
| Pages | 36 |
| Editing | Helen Meyer (President); William F. Callahan, Jr. (Executive Vice President); Paul R. Lilly (Executive Vice President); Harold F. Clark (Vice President-Advertising Director); Bryce L. Holland (Vice President); Albert P. Delacorte (Treasurer) |
| Characters | Lassie; Timmy [as portrayed by Jon Provost] |
| Synopsis | Full-page color photo of Lassie and Timmy with a flashlight. |
| Genre | adventure; animal; children |
| Pencils | ? (color photo) |
| Inks | ? (color photo) |
| Colors | ? (color photo) |
| Notes | front cover |
| Characters | Lassie; Timmy; Ruth Martin; Paul Martin; Floyd Haskins (farmer); Myra Haskins (Floyd's wife); Tom Burgess (farmer); Mrs. Arthur (townswoman); Mr. Harvey (townsman); Flint Wheelock (owner of the Wheelock Manufacturing Co.); Nora Wheelock (Flint's daughter); Connie Wheelock (Flint's wife and Nora's mother); Mayor; Fire Chief; Television Newscaster |
| Synopsis | Wealthy Flint Wheelock opposes Paul's subscription drive for a community rescue squad, but changes his mind when Lassie rescues his daughter from a sluice filled with rainwater. |
| Genre | adventure; animal; children |
| Pencils | Bob Fujitani ? |
| Letters | typeset |
| Characters | Blaze; Red Rocket; Ted Bailey; Harry King (Ted's college roommate); Mark Denby (polo player); Hobo |
| Synopsis | When a hobo accidentally sets fire to the horse barn, Blaze and Red Rocket forget their enmity and work together to alert Ted and his friends. |
| Genre | adventure; animal; children |
| Letters | typeset |
| Characters | Patch; Benjy Matthews; Dan Matthews (Benjy's father) |
| Synopsis | Benjy adopts a wolf cub as a pet but one day his father suspects the animal is killing chickens. The killer proves to be a fox. |
| Genre | adventure; animal; children |
| Pencils | ? (header illustration) |
| Inks | ? (header illustration) |
| Colors | ? (header illustration) |
| Letters | typeset |
| Characters | Lassie; Timmy; Paul Martin; Mr. MacRay (farmer); Sam (Timmy's friend); Mr. Royce (firefighter); Firefighters; Cub Scouts; Beagle Puppy; Buffer (collie) |
| Synopsis | While accompanying Timmy and his cub scout friends on an expedition, Lassie rescues a beagle puppy caught in a leg-hold trap. |
| Genre | adventure; animal; children |
| Letters | typeset |
| Synopsis | Article with six black and white illustrations about the saluki hound. |
| Genre | fact |
| Letters | typeset |
| Notes | inside back cover |