Dennis is impressed by a magazine article recommending that he should appear to be a man of means, so he donates to the high school's new gym.
McGee gets excited when he receives a letter from a lawyer in England saying he's going to inherit one thousand pounds.
In the final episode of Fred Allen's regular series, guest Henry Morgan needs to borrow money, so they head to the vault of a mysterious "Mr. X" Allen is familiar with.
Allen would later be a frequent guest on NBC's "The Big Show". After several attempts to break into television, he became a regular panelist on "What's My Line", a spot he held until his death from a heart attack in 1956.
In the last show of the season, George and Gracie plan their summer tour entertaining at military hospitals.
The McGees run an employment agency. This was the last broadcast on NBC's Blue Network (which would later be spun off by government order and would eventually become ABC.) When the show returned, it appeared on NBC's more popular Red Network.
The Mayor asks for the college's support to build a new City Hall, but Dr. Hall's against it.
While trying to get Eve's mother to leave, Gildy has to deal with a contentious campaign for mayor in which he's running against Mayor Terwilliger.
A committee decides that Uncle Goodheart should be named Father of the Year, no matter that Montague isn't a father.
Jack tells the story of the beginning of his feud with Fred Allen; Peter Lind Hayes impersonates Allen.
After George tells Gracie he has sold the chicken ranch she bought last week, she starts a matchmaking service.
The gang's upcoming trip to Jack's hometown of Waukegan is discussed. A sketch based on "Hound of the Baskervilles" is performed. Frank Nelson appears in the play.
Bob returns to Cleveland for its sesquicentennial. Skinnay Ennis sings "You Won't Be Satisfied".
In the final show of the season, Groucho meets athlete Stella Walsh and a navy veteran, a chiropodist and a female private detective, and former L.A. mayor Fletcher Bowron and the manager of a weight loss salon.
Fibber shows Molly how the "envelope swindle" works, but the old timer goes him one better.
In the last Hollywood-based show of the season, Jack prepares to leave for shows in Detroit, Cleveland and New York. Most of the recurring players take a final bow for the season, including Frank Nelson at the train station.
The gang discusses the dinner at Jack's house last week at which the sponsor renewed the show for next season. Dennis Day sings "Where Was I?" A hillbilly sketch is performed, supposedly written by Don.
Dennis Day is the guest star on the first episode of Jack Paar's summer replacement series for Jack Benny.