With his bronco-busting career on its last legs, Junior Bonner heads to his hometown to try his luck in the annual rodeo. But his fond childhood memories are shattered when he finds his family torn apart by his greedy brother and hard-drinking father.
Double-crossed and left without water in the desert, Cable Hogue is saved when he finds a spring. It is in just the right spot for a much needed rest stop on the local stagecoach line, and Hogue uses this to his advantage. He builds a house and makes money off the stagecoach passengers. Hildy, a prostitute from the nearest town, moves in with him. Hogue has everything going his way until the advent of the automobile ends the era of the stagecoach.
Reporters Clark Kent and Lois Lane arrive in the small town of Silsby to witness the drilling of the world's deepest oil well. The drill, however, has penetrated the underground home of a race of small, furry people who then come to the surface at night to look around. The fact that they glow in the dark scares the townfolk, who form a mob, led by the vicious Luke Benson, intent on killing the strange people. Only Superman has a chance to prevent this tragedy.