| Issue | #148 |
| Published | June 1949 |
| Frequency | monthly |
| Cover Price | 0.10 USD |
| Pages | 52 |
| Editing | ? |
| Characters | Woody Woodpecker; Andy Panda (cameo); Oswald the Rabbit (cameo); Charlie Chicken (cameo); Homer Pigeon (cameo) |
| Genre | funny animal |
| Characters | Andy Panda; Charlie Chicken |
| Synopsis | Andy and Charlie catch so many fish that their boat sinks. |
| Genre | funny animal |
| Notes | Inside front cover; black, red, and white; pantomime story. |
| Characters | Andy Panda; Charlie Chicken |
| Synopsis | Andy inherits a ship, the Marie Anne, from his great-uncle Sandy McPanda. |
| Genre | funny animal |
| Characters | Andy Panda (cameo); Woody Woodpecker (cameo) |
| Letters | typeset |
| Notes | Six brief facts, each with a small illustration. |
| Characters | Woody Woodpecker; Tackhammer |
| Synopsis | Woody's neighbor Tackhammer goes deep into the wilderness for his vacation to get away from Woody, but Woody pitches camp right next to him. |
| Genre | funny animal |
| Characters | Homer Pigeon; Carrie; Red Cardinal |
| Synopsis | Red tries to get Homer in trouble by lending him a demonstration car for a race and then claiming that Homer stole the car. |
| Genre | funny animal; sports |
| Characters | Andy Panda (cameo); Woody Woodpecker (cameo) |
| Letters | typeset |
| Notes | Crossword puzzle with illustration. Solution to the puzzle is Sequence 12. |
| Characters | Andy Panda; Charlie Chicken |
| Synopsis | Andy and Charlie take a trip in a homemade balloon filled with helium. |
| Genre | funny animal |
| Letters | typeset |
| Notes | Text story with three illustrations. |
| Characters | Woody Woodpecker |
| Synopsis | Woody talks his way into a job as a professor at a school filled with unruly students. |
| Genre | funny animal |
| Characters | Oswald the Rabbit; Floyd; Lloyd |
| Synopsis | Oswald takes the boys to visit the new Shalomar Observatory, where they cause havoc with an astronomer's observations of Mars. |
| Genre | funny animal |
| Notes | The name "Shalomar Observatory" is a takeoff on the Palomar Observatory in southern California. |
| Characters | Andy Panda (cameo); Woody Woodpecker (cameo) |
| Letters | typeset |
| Notes | Five jokes with small illustrations. |
| Characters | Oswald the Rabbit; Floyd; Lloyd |
| Synopsis | Oswald treats the boys to a meal in an expensive restaurant. He doesn't have any money when the bill comes, so the three have to wash dishes. |
| Genre | funny animal |
| Notes | Inside back cover; black, red, and white; pantomime story. |
| Notes | Solution to the crossword puzzle in Sequence 6. Last panel of inside back cover. |
| Characters | Andy Panda (cameo); Charlie Chicken (cameo) |
| Letters | typeset |
| Notes | Back cover. Illustrated promo for subscriptions to New Funnies. Rate is one year for $1.00. |