- Paper: Cream to off white
- Front cover detached 20%. Back cover detached 15%. Water damage: Slight. Staple rust: Moderate.
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Volume 40, Issue 3 - March, 1948. 25th Anniversary Issue. Cover by Lee Brown Coye. Horror and supernatural stories by Edmond Hamilton "The Might-Have-Been", Allison V. Harding, H. Russell Wakefield, Manly Wade Wellman, Carl Jacobi, August Derleth "The La Prello Paper", Ray Bradbury "The October Game", Robert Bloch "Catnip", Clark Ashton Smith, Theodore Sturgeon "The Professor's Tidy Bear", Seabury Quinn, Algernon Blackwood, and H. P. Lovecraft (verse). Illustrations by Lee Brown Coye, E. J. Beaumont, Boris Dolgov, and John Guinta. 6 3/4-in. x 10-in.; black and white; 96 newsprint pages.
Cover price $0.20.