| Issue | #124 |
| Published | October-November 1958 |
| Cover Price | 0.10 USD |
| Pages | 36 |
| Notes | Disguise Issue; first bi-monthly issue. |
| Characters | Lone Ranger (Clayton Moore); Silver |
| Synopsis | The Lone Ranger stands by Silver; while another image of The Lone Ranger with guns drawn is superimposed behind them |
| Genre | western |
| Pencils | ? (photo) |
| Inks | ? (photo) |
| Colors | ? (photo) |
| Characters | "Fresh up" Freddie |
| Genre | funny animals |
| Notes | inside front cover; illustrated color ad in comic form for Seven Up soft drink. |
| Characters | Lone Ranger; Tonto |
| Synopsis | Weston Gazette Editor Jeffrey Jackson impersonates the Lone Ranger and commits crimes in order to have the law capture the real Lone Ranger |
| Genre | western |
| Pencils | Tom Gill |
| Inks | Tom Gill |
| Notes | References to Lone Ranger's origin; first double-length story |
| Characters | Lone Ranger; Tonto |
| Synopsis | The Lone Ranger must which of the town's bearded men robbed the safe at the bank |
| Genre | western |
| Pencils | Tom Gill |
| Inks | Tom Gill |
| Notes | A "Solve the Mystery" story; though not billed as such. |
| Synopsis | A sheriff has to decide whether to take young Rance Clayton back to town and face a possible lynch mob. |
| Genre | western |
| Letters | typeset |
| Notes | text story with 1/4 page illustration |
| Characters | Young Hawk; Little Buck |
| Synopsis | Attacking tribesmen force Young Hawk and Little Buck to take refuge in a large cavern in New Mexico. |
| Genre | western |
| Pencils | Jon Small |
| Inks | Jon Small |
| Notes | part of a continuing storyline; last panel is Dell's Pledge to Parents |
| Characters | Lone Ranger (cameo) |
| Synopsis | Facts about western animals, "narrated" by the Lone Ranger |
| Genre | western; fact |
| Pencils | Tom Gill |
| Inks | Tom Gill |
| Notes | color illustrated ad for Jumping-Jacks shoes. |
| Characters | Lone Ranger |
| Letters | typeset |
| Notes | inside back cover; color promo for subscriptions to Dell’s Lone Ranger comic; Premium is Pocket Picture Holder; also Dell’s Pledge to Parents |
| Notes | back cover; color ad for Juicy Fruit Gum featuring Water Safety Rules |