Fred becomes Santa for a Macyrock's store, and does such a good job that Santa's elves recruit him to substitute for the real Santa when he becomes ill.

Fred wins a flying lesson at a lodge contest. He decides to take the lesson and his teacher is a younger woman.

Fred buys a gangster's car for almost nothing from a police auction, but his plan goes wrong when Big Sparkle and his men, three gangsters, track the car down and plot to kill Fred and Barney off.