| Issue | #40 |
| Published | January 1941 |
| Cover Price | 0.10 USD |
| Pages | 68 |
| Editing | Ed Cronin |
| Characters | Doll Man [Darrel Dane] |
| Genre | superhero |
| Pencils | Will Eisner |
| Inks | Will Eisner |
| Characters | Doll Man [Darrel Dane]; Gruber (first appearance; villain); Adolf (first appearance; villain); other spies (first appearance; villains; one spy dies) |
| Genre | superhero |
| Pencils | John Celardo |
| Inks | John Celardo |
| Characters | Rance Keane; Harvey Topping; The Eye (villain); Bat Crawley (first appearance; villain) |
| Genre | western |
| Script | William A. Smith |
| Pencils | William A. Smith |
| Inks | William A. Smith |
| Genre | Humor |
| Script | Joe Devlin |
| Pencils | Joe Devlin |
| Inks | Joe Devlin |
| Characters | Samar; Jean (first appearance); Arno Cain (first appearance; villain; death) |
| Genre | jungle |
| Pencils | Nick Cardy |
| Inks | Nick Cardy |
| Characters | Poison Ivy; Sardini (first appearance; villain) |
| Genre | humor |
| Script | Gill Fox |
| Pencils | Gill Fox |
| Inks | Gill Fox |
| Characters | The Ace of Space [Ace Egan]; Dr. Devlin (first appearance); Karl and Speed, Inc. (first appearance; villains) |
| Genre | adventure |
| Script | H. Weston Taylor (?) |
| Pencils | Harry Campbell |
| Inks | Harry Campbell |
| Characters | Zero; a girl (first appearance); Her two brothers and other ghosts (first appearance; villains) |
| Pencils | Charles Sultan |
| Inks | Charles Sultan |
| Notes | Story inspired by Coleridge's "Rime of the Ancient Mariner." |
| Genre | humor |
| Script | Joe Devlin |
| Pencils | Joe Devlin |
| Inks | Joe Devlin |
| Characters | Dusty Dane; Patricia Morley; Tondas (first appearance; villain); Bulok (first appearance; villain) |
| Genre | adventure |
| Script | Vernon Henkel |
| Pencils | Vernon Henkel |
| Inks | Vernon Henkel |
| Characters | Spin Shaw [Capt. S. R. "Spin" Shaw]; Ann Grace (first appearance); Mr. Wonga (first appearance; villain; death) |
| Genre | aviation |
| Script | Clark Williams |
| Pencils | Clark Williams |
| Inks | Clark Williams |
| Characters | Capt. Bruce Blackburn; The Band (villains); Gurk (first appearance; villain) |
| Synopsis | Blackburn appears as Destroying Demon for the last time. |
| Genre | adventure; spy |
| Script | Harry Campbell |
| Pencils | Harry Campbell |
| Inks | Harry Campbell |
| Characters | Perry Scott |
| Genre | adventure |
| Script | Robert M. Hyatt |
| Letters | typeset |
| Genre | sitcom |
| Script | Lank Leonard |
| Pencils | Lank Leonard |
| Inks | Lank Leonard |
| Notes | strip reprints |
| Characters | Rusty Ryan; Butch (first appearance; villain); Butch's partner (first appearance; villain) |
| Genre | spy; adventure; children |
| Script | Paul Gustavson |
| Pencils | Paul Gustavson |
| Inks | Paul Gustavson |
| Genre | Gags |
| Script | Arthur Beeman |
| Pencils | Arthur Beeman |
| Inks | Arthur Beeman |
| Characters | Sgt. Jim Reynolds, RCMP; Aru (first appearance); White Eagle (first appearance); an Indian chief (first appearance; death); Grayson (first appearance; villain; death); Buck (first appearance; villain) |
| Genre | western |
| Script | Art Pinajian |
| Pencils | Art Pinajian |
| Inks | Art Pinajian |