In this cartoon, Oswald wears a shirt for the first time, therefore completing his outfit. Some plot elements in the cartoon would be used again in Carnival Capers.

The mortgage is due by 6 p.m. or Grandma and Oswald will lose the homestead. Oswald is forced to take the beloved old milk cow to market. On the way, he's accosted by a scary old witch. She wants the cow and gives Oswald a bag of magic beans in exchange. The beans grow into a huge beanstalk which transports Oswald to a giant ogre's castle in the clouds.

After reading the story of Little Red Riding Hood to three kittens in a cradle, Oswald the Rabbit goes to sleep thinking about the girl heroine. In his dream, he sees the girl pass by and decides to pick a couple of flowers for her. But the stems are impossibly long, and no matter how much he pulls, they just get longer and longer. Meanwhile, a wolf, craving the girl's basket of goodies, pulls the wool off a nearby sheep and disguises himself in it. As a bogus sheep, he asks questions of the girl. She reveals she is going to grandma's house. Soon, the wolf is at grandma's door. The old woman is so frightened, she swallows her harmonica. The wolf stores her in the icebox, promising to eat her later. By the time the girl arrives, the wolf has disguised himself as the old woman. Oswald eventually comes to the rescue. But the wolf finds a magic wand inside the basket of goodies and uses it to put Oswald on top of a construction site.

In this one, Oswald and his girlfriend are playing the piano with an animated light bulb and an accordion dancing along. A peg leg villain makes a robot that needs a human heart.

Oswald the Lucky Rabbit works in a laundry shop in Chinatown in this one. It's a late synchronized sound cartoon: no talking or singing, but lots of music.

Oswald is riding on a camel; he defeats an attacking lion, using the camel's humps as cannonballs. In Cairo, he meets a queen and sings her his theme song; the sphinx and a couple pyramids join in, but the king isn't as happy.

A Walter Lantz/Bill Nolan Oswald the Lucky Rabbit cartoon released July 15, 1931.