Scholar Qin Kun rescued a giant clam shell from a group of mischievous children, unaware that the shell was actually the true form of the clam spirit, Meiniang. At this moment, Qin Kun was targeted by the female demon of the Yin Wind Cave, his life hanging by a thread. To repay his kindness, the clam spirit offered herself to Qin Kun, becoming his wife. Together, they fought the female demon of the Yin Wind Cave time and again. Ultimately, they joined forces with the Taoist priest of the Upper Qing Palace to eliminate the demon. After accomplishing this feat, the clam spirit retired from her duties. Later, Qin Kun passed the imperial examinations and became an official.

Under the twilight at dusk in the vast plain with dog barking a young man Yo-ching and his wife Chiu-yun as well as their daughter are walking toward a giant deserted house. A queer old lady lives upstairs there and arranges them to sleep. Chilly wind blows in the mid-night shaking the old windows. The first night passes under terrible fear. Yo-ching goes out to arrange the matters for his father's bones the next morning. The old lady is out as well. As it turns dark, Chiu-yun and her little daughter feel scared. In the old house, she is terribly scared by one after another and she leaves the old house and by mistake enters another old house and is scared again. Yo-ching finds her and takes her back to the old house. A young lady comes downstairs in the old house to Yo-ching. Who is the mysterious young lady? Is she a human or a ghost? By whom she was murdered?.........

耿青和袁如玉是一对青梅竹马的恋人。袁如玉美丽端庄、温柔贤惠，耿青武艺出众、一表人才。他们生活在山里，日子过得幸福。不过耿青觉得一身武艺没有用武之地，渴望可以凭借武艺博得功名利禄，带给如玉更幸福的生活。当他得知节度使洪杰正在招募近身卫士，认为机会来了，于是告别如玉下山投靠洪杰。 一转眼过去两年，耿青凭着一身出色的武艺得到洪杰的赏识。为了能够尽快升职，他自告奋勇缉拿偷走王者神剑的大盗王雄。王者神剑是练武之人梦寐以求得到的上古利器，不仅如此，王者神剑的隐身剑法更是可以杀人于无形。耿青如果可以为洪杰得到王者神剑定是大功一件。 就在耿青孤身追击王雄的时候，袁如玉母亲病死，她下山投靠耿青。在洪杰府门口打听耿青下落的时候被陆师爷看到。陆师爷本是溜须拍马的小人，他看到如玉美貌，心生一计，打算把她献给洪杰。洪杰本就好色，看到如玉如此美貌，心中大喜。怎奈如玉性格刚强，不肯就范，要自尽。陆师爷于是假装劝慰，暗中用迷香将如玉迷倒，洪杰趁机占有了如玉。不久耿青杀死王雄带着王者神剑回来了，洪杰和陆师爷一面为耿青庆功，一面以耿青的前途威胁如玉，不许她说出真相。尽管如此，陆师爷觉得还是不踏实，于是在耿青不在的时候下毒害死了如玉。 如玉死后洪杰假仁假义地让耿青带着如玉的骨灰回老家安葬，还把王者神剑赐给耿青陪葬如玉。不明真相的耿青感激涕零。其实洪杰赐的王者神剑只不过是把假的，而且他还安排了霹雳火魔、摄魂鬼以及赤风妖道等人在路上伏击耿青，要置他于死地。如玉姑娘的魂魄暗中保护耿青，并托梦给他，让他知道了事情的真相，而且还告知了王者神剑隐身剑法的破解之法。耿青带着满腔的仇恨踏上了复仇之路，洪杰和陆师爷最终死于耿青剑下。

端娘傍晚去采藕，在蓝桥下遇恶人对其行不轨之事，反抗中端娘溺水而亡。端娘一夜未归，其外婆钱婆婆心急如焚，渔夫打鱼时捞到了端娘尸体，端娘手心里握着从歹徒身上抓下的玉佩，而小镇里有三位男子拥有此种玉佩，富人严思复、戚秀才和黄大人，而戚秀才的在自己身上，镇上的保正带着钱婆婆和端娘哥哥找到严家，严思复声称送给了黄大人，黄大人声称早就遗失了玉佩，严大官人最近买了官位，担心吃上官司，收买保正不替民出头，钱婆婆和端娘哥哥只好自行前往官府，行至蓝桥却被严思复派的杀手夺命，从此蓝桥下有了三个计划复仇的冤魂...

姚鳳磐拍攝鬼片，紅的多半是女明星，時裝屬王釧如最紅，古裝則秦夢莫屬。據說當年秦夢、姚鳳磐都對影壇意興闌珊時，是姚鳳磐的監製太太劉冠君，說服兩人再博一次，結果以改編「聊齋」的《秋燈夜雨》大獲成功、東山再起，從此開啟台灣民營電影公司拍攝鬼片的風潮。趁勝追擊的《寒夜青燈》也是取材聊齋，選的是影迷耳熟能詳的「聶小倩」，當時在新聞局電檢的強大壓力下，還被迫在片尾強調「如夢一場」，以達警世功能。早年當局對鬼片的戒慎恐懼，可見一斑。

地主赵三复不擅营生, 但经常见色心起, 虽丧妻却与家中丫环有染. 某夜, 赵三复挑灯赶路, 却被风吹灭灯光, 向杜家屯的杜先生借火种. 见到杜先生的女儿秋娥长得标致, 赵三复对她一见难忘. 他聘请杜先生替赵宅出外代收田租, 制造机会情挑秋娥.成其好事後, 赵三复向秋娥口头保证娶她为妻, 事实上媒婆已替赵三复安排了一椿婚事. 对赵三复来说, 娶得富有员外的女儿为妻, 简直是大靠山. 可怜秋娥被始乱终弃, 更珠胎暗结. 杜先生得知秋娥失身, 怒气冲冲向赵三复理论, 但赵三复撒赖, 否认自己为经手人.秋娥生下儿子, 杜先生指没脸抚养而将婴儿弃置荒野. 秋娥急急寻回儿子并到赵府理论, 哀求赵三复收留儿子. 当晚连场大雪, 但赵三复依然无动於衷. 忠心老仆赵忠看不过眼, 劝主子收留秋娥两母子, 反被锁进柴房. 秋娥等了一夜, 抱着儿子冻死在赵府门外.赵三复娶了员外千金, 好不快活. 此时秋娥的冤魂现身, 先杀死贪财的媒婆, 再缠着赵三复, 要他不得好死….