This 13 chapter serial is based on the comic strip character Ace Drummond created by Eddie Rickenbacker. Ace is a 'G-Man of the sky' working out of Washington D.C. He is sent to Mongolia to find out why a mysterious villain known only as 'The Dragon' is trying to prevent the newly formed International Airways from setting up an airport there. Ace meets Peggy Trainor (Jean Rogers) who is searching for her archaeologist father who has disappeared. Together they search for answers to the puzzles.

Hank Davis, foreman on a huge dam project, enlists the aid of his two flyer friends when a sinister figure known as The Black Ace leads his Mystery Squadron of masked pilots in an attempt to destroy the dam.

Hammond, owner of the town's stagecoach line and a leading citizen, is opposed to Idaho becoming a state, and kills Randolph Meredith, owner of the town's newspaper, for endorsing it. Meredith's sister Barbara, expert with a bullwhip and pistol, dons a black costume and mask and becomes "The Black Whip", dealing a blow to Hammond and his gang each time they perform some heinous act in their efforts to keep the town, and their power over it, unchanged. Aided by government agent Vic Gordon, Barbara confronts Hammond in a final showdown just as the town votes on whether or not to accept statehood.

Strategic targets on Earth are being destroyed by an unknown weapon. Government security head Henderson suspects it's an "atomic ray" originating from the moon! He assigns Commando Cody, scientist and man of action with a secret flying suit, to investigate. Soon, Cody is battling Earth thugs in the pay of Krog the moon man and making trips in his experimental rocket to the moon itself, in a perilous and all but singlehanded effort to thwart the planned invasion of Earth.

A mysterious criminal known as The Whispering Shadow commits crimes by means of a gang he controls by television and radio rays. Jack Norton, whose brother was murdered by The Whispering Shadow, suspects that the eerie Professor Strang - whose ghostly wax museum contains figures far too lifelike - may be involved in the crimes.

The struggle over the Bellamy estate ends with Michael Bellamy accused of murder and killed on the way to prison, while his brother, Abel Bellamy, takes control of the estate for his own nefarious plans.

A scientist discovers a formula for making synthetic gold.

Texas Ranger tries to stop takeover of Indian lands.

A master criminal called The Spider puts the famous detective's brother under a hypnotic spell and turns him against Dick.

The masked hero leads a fighting force to fight a villian who plots the conquest of The Republic of Mexico.