In the second film of the series (and not a second part of anything), Gay Lawrence, aka The Falcon, is about to depart the city to marry his fiancée, Helen Reed, when a mystery girl, Rita Mara, asks for his aid in disposing of a secret formula for making synthetic diamonds. He deliberately allows himself to be kidnapped by the gang for which Rita works. His aide, "Goldy" Locke, trails the kidnappers and brings the police. But the head of the gang escapes, and the Falcon continues the pursuit.

While executing an armored car heist in Los Angeles, icy crook Dave Purvis shoots policeman Lt. Phillips before he and his cronies make off with the loot. Thinking he got away scot-free, Purvis collects his money-crazy mistress, Yvonne, then disposes of his partners and heads out of town. What Purvis doesn't know is that Phillips' partner, tough-as-nails Lt. Cordell, is wise to the criminal's plans and is closing in on his prey.

In the Hollywood Hall of Fame - a wax museum - the figure of Eddie Borden comes to life and introduces us to various stars in effigy. Pining over the effigy of Clara Bow, her husband Rex Bell suggests that Eddie get on with Betty Boop. Betty asks Eddie to accompany her in a rendition of "My Silent Love."

Stan and Ollie travel with a band of 18th-century Gypsies holding a nobleman's daughter.

The body of a young actress is brought to her home town by the man who loved her. He knows that she wanted all the church bells to ring for three days after she was buried, but is told that this will cost a lot of money. The checks that he writes to the various churches all bounce, but it is the weekend and, in desperation, he prays that a miracle will happen before the banks reopen. It does, but not in the way he hoped.

From IMDB: Hard, withdrawn city cop Jim Wilson roughs up one too many suspects and is sent upstate to help investigate the murder of a young girl in the winter countryside. There he meets Mary Malden, whom he finds attractive and independent. However, Mary's brother is chief suspect in the killing. And Mary herself is blind.