| Issue | #4 |
| Published | May 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 | Captain Marvel [Billy Batson]; Sivana; Beautia |
| Genre | superhero |
| Script | Bill Parker |
| Pencils | C. C. Beck |
| Inks | C. C. Beck |
| Colors | Bill Parker |
| Notes | Captain Marvel also wears button down flap in this issue on Splash page, pg 10 and 12. |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #1 |
| Genre | fact |
| Characters | Golden Arrow; Bronk Braddock; Brute Braddock |
| Genre | western |
| Script | Bill Parker |
| Pencils | Pete Costanza |
| Inks | Pete Costanza |
| Letters | Bill Parker |
| Characters | Spy Smasher; The Mask (Villain) |
| Genre | spy; superhero |
| Script | Bill Parker |
| Pencils | C. C. Beck |
| Inks | Pete Costanza |
| Letters | Bill Parker |
| Letters | Typeset |
| Characters | Dan Dare; Blackhawk Pete |
| Genre | detective |
| Script | Bill Parker |
| Pencils | Greg Duncan |
| Inks | Greg Duncan |
| Letters | Bill Parker |
| Notes | Next Issue: Rollo mystery. |
| Characters | Lance O'Casey; Daniel Doom (Intro) |
| Genre | adventure |
| Script | Bill Parker |
| Pencils | Bob Kingett? |
| Inks | Bob Kingett? |
| Letters | Bill Parker |
| Characters | Scoop Smith; Blimp Black; Laputario |
| Genre | detective |
| Script | Bill Parker |
| Pencils | Greg Duncan |
| Inks | Greg Duncan |
| Letters | Bill Parker |
| Characters | Ibis; Taia; Murder Malone (Intro) |
| Genre | occult; superhero |
| Script | Bill Parker |
| Pencils | C. C. Beck? |
| Inks | Pete Costanza |
| Letters | Bill Parker |
| Notes | continued next issue. |