The Black Gold Oil Well! * 1st Time SUPERMAN uses his X-Ray Vision this issue
Clark Kent investigates the story behind a man who committed suicide. He discovers the man was clutching his shares of the "Black Gold Oil Well". He soon learns that Meek and Bronson, a pair of brokers, have bilked many people out of money relating to that oil well. Superman breaks into their office and gets a list of all the people who have stock in the oil well. He pretends to be a businessman named Homer Ramsey and buys all the stock from all the people, at the price for which they originally purchased it. Then he runs to the oil town and discovers that no work is being done. He sneaks into the oil well and digs for oil all night, with no luck. As he's walking away, the well strikes oil. He runs back to Cleveland.
In the meantime, Meek and Bronson have discovered that the well has struck. They immediately try to buy back the stock from all the people they sold it to. They discover that all the stock has been sold to this Homer Ramsey, who has no interest in selling. They hire Louie the Rat and Nate the Snake to kill him. The two confront Clark Kent and take him to a deserted road. He roughs them up and leaves them on Bronson's doorstep. As Bronson is driving to Meek's house to tell him what happened, Clark Kent jumps into Bronson's car. He says he's willing to sell the shares for $1 million. They balk, until they realize that they can make more than $1 million on the oil well. They quickly make the deal.
Later that night, Superman kidnaps both Meek and Bronson. He carries them to the oil well, then has them watch as he destroys all the equipment. He then lights a torch and throws it in the oil, burning it all up. He tells Meek and Bronson that they'd better stop selling stocks, or he'll pay another visit.