In this reworking of Cinderella, orphaned Connie Harding is sent to live with her rich aunt and uncle after graduating from boarding school. She's hardly received with open arms, especially by her snobby cousin Barbara. When the entire family is invited to a major social ball, Barbara sees to it that Connie is forced to stay home. With the aid of her uncle, who acts as her fairy godfather, Connie makes it to the ball and meets her Prince Charming in Ted Drake, her cousin's boyfriend.

Chorus girl Rosa Carillo (Carmel Myers) finds herself in dire straits when the troupe she works with is disbanded and her last fifty dollars is stolen. Artist Billy Leeds (Earl Rodney) offers to take care of her, but she's leery of his proposition. Instead she finds work with an Italian grocer, Tony Bonchi (Edwin August). One of the other ex-members of the troupe has Tony arrested on a trumped up charge. Rosa returns to Billy and offers herself to him if only he'll get Tony out of jail.

Babe Scott, a cabaret dancer who is constantly searching for sensational material to shock her customers, conceives of burlesquing a Salvation Army girl and attends mission meetings on the East Side for atmosphere. There she meets Jerry Wilson, an honest truckdriver and friend of the Army captain. Although the act is a success, Babe is disillusioned to find Lonnie, a fellow worker who has been romancing her, stealing her money and making overtures to Big Bertha, the hard-boiled club hostess.

A romantic rivalry among members of a secret society becomes even more tense when one of the men is assigned to carry out an assassination.