Chapter 1 finds Daily Flash newspaper reporter Brenda Starr (Joan Woodbury), and her photographer, Chuck Allen (Syd Saylor), assigned to cover a fire in an old house where they discover the wounded Joe Heller (Wheeler Oakman),a gangster suspected of stealing a quarter-million dollar payroll. The dying Heller tells Brenda that someone took his satchel of stolen money and he gives her a coded message. Kruger (Jack Ingram), the gangster who shot Heller, escapes to his gang's hideout with the bag but discovers it is filled with paper rather than money. The gang, knowing Heller gave Brenda a coded message makes many attempts on her life to get her to reveal where Heller hid the payroll money. But thanks to Chuck and Police Lieutenant Larry Farrel (Kane Richmond), she evades them for thirteen weeks/chapters, until Pesky (William 'Billy' Benedict), a Daily Flash office boy manages to decode the Heller message.