To obtain a supply of a rare mineral, a ship raising operation is conducted for the only known source, the Titanic.

Herman (a mouse) and Henry (a rooster) notice a poster that will award $1,000 to anyone who will stay in the ring for one round against a champion boxing rooster. Herman goes to Henry, who is feeling really low about himself, as he is getting bossed and pushed around by his wife. One thing leads to another, and the scrawny Henry is going up against the Champ.

Mitch Wayne is a geologist working for the Hadleys, an oil-rich Texas family. While the patriarch, Jared, works hard to establish the family business, his irresponsible son, Kyle, is an alcoholic playboy, and his daughter, Marylee, is the town tramp.