Sportscaster Bill Stern drops in at the bowling alley---before they went uptown and became bowling lanes--- and exchanges some commentary with bowling pros Ned Day and Joe "The Fabulous" Felcaro. Ned and "Fabulous" then put on an exhibition of the skills that made both tops in their field at the time.
Molly, her brother, Slats, and his pal, Oliver, are taxi dancers at the Miramar Ballroom. As a publicity stunt, Slats plants an article about Molly claiming her ambition is to earn enough money to attend staid, all-girl Bixby College. Bixby's progressive dean offers Molly a scholarship. Molly accepts on the condition that Slats and Oliver come along too as campus caretakers. But the pompous Chairman threatens to foreclose on the school's mortgage if Molly isn't expelled. Together, the trio, with the help of some new friends, concocts a scheme to raise enough money to save the school. The plan involves a bet on the Bixby basketball team, which is playing in a game rated at 20 to 1 by the local bookie. But the bookie has other plans for their dough and hires a group of ringers to step in for the opponents. All is not lost, at least while Oliver has the chance to turn things around for his friends-one way or another.
A young soldier on a pass in New York City visits the famed Stage Door Canteen, where famous stars of the theater and films appear and host a recreational center for servicemen during the war. The soldier meets a pretty young hostess and they enjoy the many entertainers and a growing romance