| Issue | #3 [3/40] |
| Published | March 1940 |
| Cover Price | 0.10 USD |
| Editing | Bill Parker |
| Genre | superhero |
| Pencils | C. C. Beck |
| Inks | C. C. Beck |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #1 |
| Characters | Dr. Sivana (Villain) |
| Genre | superhero |
| Script | Bill Parker |
| Pencils | C. C. Beck |
| Inks | C. C. Beck |
| Colors | Bill Parker |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #1 |
| Characters | Bronk (Villain); Brute Braddock (Villain) |
| Genre | western |
| Script | Bill Parker |
| Pencils | Pete Costanza |
| Inks | Pete Costanza |
| Colors | Bill Parker |
| Letters | Typeset |
| Genre | detective |
| Script | Bill Parker |
| Pencils | Greg Duncan |
| Inks | Greg Duncan |
| Colors | Bill Parker |
| Notes | Continued next issue. |
| Characters | Hamed (Villain; Intro; becomes a pig) |
| Genre | occult; superhero |
| Script | Bill Parker |
| Pencils | C. C. Beck |
| Inks | Pete Costanza |
| Colors | Bill Parker |
| Notes | Continued next issue. |
| Characters | Death Dawson (Villain; Intro; Death) |
| Genre | adventure |
| Script | Bill Parker? |
| Pencils | Bob Kingett |
| Inks | Bob Kingett |
| Colors | Bill Parker? |
| Characters | The Bomb [Dynamite Davis] (Villain; Intro); Taki (Intro) |
| Genre | detective |
| Script | Bill Parker |
| Pencils | Greg Duncan |
| Inks | Greg Duncan |
| Colors | Bill Parker |
| Characters | Mask (Villain) |
| Genre | spy; superhero |
| Script | Bill Parker |
| Pencils | C. C. Beck |
| Inks | Pete Costanza |
| Colors | Bill Parker |
| Notes | Spy Smasher reveals secret i.d. to Eve Corby. |