| Issue | #3 |
| Published | January 1940 |
| Frequency | monthly |
| Cover Price | 0.10 USD |
| Pages | 68 |
| Editing | Martin Goodman |
| Characters | The Angel |
| Genre | superhero |
| Pencils | Alex Schomburg |
| Inks | Alex Schomburg |
| Reprinted | In Marvel Masterworks: Golden Age Marvel Comics (Marvel, 2004 series) #1. |
| Characters | The Human Torch; Martians (Villain; Intro); Captain Ott (Martian; Villain; Intro); Mr. Ritton (Villain; Intro; Death); Mr. Carson (Intro; Death); Diane Carson |
| Synopsis | After an attack on New York by Martians, the Torch decides that a new explosive called Trinitrotoluol is probably better off in the hands of the Martians to take back to Mars rather than allowing it to remain on Earth. |
| Genre | superhero |
| Script | Carl Burgos (signed) |
| Pencils | Carl Burgos (signed) |
| Inks | Carl Burgos (signed) |
| Letters | Carl Burgos |
| Notes | Torch wears a blue outfit. Synopsis added by Craig Delich 11-7-08. |
| Reprinted | In Marvel Masterworks: Golden Age Marvel Comics (Marvel, 2004 series) #1. |
| Characters | The Angel [Tom Hallaway]; The Sacred One (Villain; Intro; Death); a voodoo cult (Villain; Intro) |
| Synopsis | The Angel must battle a voodoo cult that is kidnapped young women to sacrifice to their fire god. |
| Genre | superhero |
| Script | Ray Gill? |
| Pencils | Paul Gustavson (signed) |
| Inks | Paul Gustavson (signed) |
| Notes | Writer revision from Paul Gustavson to ?. Gustavson was the artist for this story, but not the writer. The Who's Who identifies Ray Gill as writer of the strip in 1940 and MAY be the writer here. Notes and synopsis added by Craig Delich 11-7-08. |
| Reprinted | In Marvel Masterworks: Golden Age Marvel Comics (Marvel, 2004 series) #1. |
| Characters | The Sub-Mariner [Prince Namor]; Inspector Peterson; Betty Dean (Intro); Esther; A Nazi U-boat crew (Villain; Intro; Death) |
| Synopsis | The police concoct a plan to use police officer Betty Dean to lay a trap to capture the Sub-Mariner, but instead she convinces Namor to fight for the Allies in the war. |
| Genre | superhero |
| Script | Bill Everett (signed) |
| Pencils | Bill Everett (signed) |
| Inks | Bill Everett (signed) |
| Letters | Bill Everett |
| Notes | Story continued next issue. Synopsis added by Craig Delich 11-7-08. |
| Reprinted | In Fantasy Masterpieces (Marvel, 1966 series) #7; in Marvel Masterworks: Golden Age Marvel Comics (Marvel, 2004 series) #1. |
| Characters | Masked Raider [Jim Gardley]; Barney (the sheriff); Jeb Barnes; Dan Barnes; Jed Sirrah (Villain; Intro; Death?); Brace (Villain); Dan (Villain) |
| Synopsis | The Raider has to deal with a group of outlaws, who in trying to run a man off his run-down ranch in order to get to gold buried in the hills and oil deposits as well, decide to frame the owner and have the sheriff run him off. |
| Genre | western |
| Pencils | Al Anders (signed as Anders) |
| Inks | Al Anders (signed as Anders) |
| Notes | Writer revision from Al Anders to ?. Anders was an artist only and the Who's Who lists no writer for the strip. Note, some characters and synopsis added by Craig Delich 11-8-08. |
| Reprinted | In Marvel Masterworks: Golden Age Marvel Comics (Marvel, 2004 series) #1. |
| Characters | American Ace [Perry Wade] (Origin, part 2); Jeanie; Queen Ursula (Villain) |
| Synopsis | Perry takes the girl he saved last month back to her father and sister, then heads back to his fight against Queen Ursula. However, he is seriously wounded, but returned and tended to by Jeanie. |
| Genre | aviation |
| Pencils | Paul Lauretta (signed) |
| Inks | Paul Lauretta (signed) |
| Notes | Last American Ace story. Writer revision from Paul Lauretta to ? by Craig Delich 11-8-08. Lauretta was an artist and the Who's Who lists no writer for the strip. Some notes and synopsis added by Craig Delich 11-08-08. |
| Reprinted | In Marvel Masterworks: Golden Age Marvel Comics (Marvel, 2004 series) #1. |
| Characters | Sgt. Bill Stern; The Germans (Villain) |
| Synopsis | Sgt. Stern and his company of men attempt to smash a hole through the German fortifications along the Siegfried Line. |
| Genre | war |
| Script | David C. Cooke (signed) |
| Pencils | Bill Everett (signed as Everett) |
| Inks | Bill Everett (signed as Everett) |
| Letters | typeset |
| Notes | Story set in World War I. Characters and synopsis added by Craig Delich 11-8-08. |
| Reprinted | In Marvel Masterworks: Golden Age Marvel Comics (Marvel, 2004 series) #1. |
| Characters | Ka-Zar [David Rand]; Steve Hardy (Intro); Inkosi; Tuta (an elephant); Trajah (an elephant); Quog (a wild hog); N'Jaga (a leopard); Paul DeKraft (Villain) |
| Synopsis | A hunter searching for wild game, who has enlisted the aid of local natives, has a hard time convincing those natives that it was a man [Ka-Zar] who was interferring with their hunt, and not a jungle god as they thought. |
| Genre | jungle |
| Script | Ben Thompson |
| Pencils | Ben Thompson (signed) |
| Inks | Ben Thompson (signed) |
| Notes | Story continued next issue. Writer revision from Ben Thompson to ?. Thompson was an artist and the Who's Who lists no writer for this strip. Some notes and other info plus synopsis added by Craivg Delich 11-8-08. |
| Reprinted | In Marvel Masterworks: Golden Age Marvel Comics (Marvel, 2004 series) #1. |