| Issue | #3 |
| Published | Fall 1941 |
| Cover Price | 0.10 USD |
| Pages | 68 |
| Editing | France Herron |
| Characters | Captain Marvel [Billy Batson] |
| Genre | superhero |
| Pencils | C. C. Beck |
| Inks | C. C. Beck |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #3 (November 2002) |
| Characters | Captain Marvel [Billy Batson]; Sterling Morris; Muscles McGinnis (first appearance; villain); Louie (first appearance; villain); Mouse (first appearance; villain) |
| Synopsis | Muscles McGinnis tries to take over the radio station. |
| Genre | superhero |
| Pencils | George Tuska |
| Inks | George Tuska |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #3 (November 2002) |
| Characters | Captain Marvel [Billy Batson]; Sterling Morris; Beautia Sivana; Dr. Sivana [Thaddeus Sivana] (villain) |
| Synopsis | Sivana uses a paralyzing gas to conquer New York. |
| Genre | superhero |
| Pencils | George Tuska |
| Inks | George Tuska |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #3 (November 2002) |
| Script | Carl Formes [as La Rac Semrof] |
| Letters | typeset |
| Characters | Captain Marvel [Billy Batson]; Mr. Chandler (first appearance; death); Brace Chandler (first appearance; villain; death); The Goptas (first appearance; villains); Krome (first appearance; villain) |
| Genre | superhero |
| Pencils | George Tuska |
| Inks | George Tuska |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #3 (November 2002) |
| Genre | fact |
| Characters | Captain Marvel [Billy Batson]; The Beast-Ruler (first appearance; villain; death?) Dr. Sivana [Thaddeus Sivana] (villain) |
| Synopsis | Sivana uses his science to create an evil beast-ruler. |
| Genre | superhero |
| Pencils | George Tuska |
| Inks | George Tuska |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #3 (November 2002) |