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

Lin McAdam rides into town on the trail of Dutch Henry Brown, only to find himself in a shooting competition against him. McAdam wins the prize, a one-in-a-thousand Winchester rifle.

Morgan (Frank Shannon) pays off Randy (Smith Ballew) and Barry (Stanley Fields) with a promissory note to be collected at the Blake ranch. They arrive to find Mrs. Blake (Ruth Robinson) sick and without any money, her back taxes due, her ranch hands departed, and her son in need of an operation. With Randy attracted to Janet (Cecilia Parker) and Barry hoping to help Danny (Wally Albright), the two decide to stay.