- Paper: Cream
- Front cover detached 15%. Back cover detached 15%. Water damage: Moderate. Staple rust: Slight.
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Volume 41, Issue 4 - May, 1949. 1st 25 cent cover price. Cover by John Giunta. Horror and supernatural stories by Allison V. Harding "The Damp Man Again", Arthur J. Burks, Seabury Quinn, Carl Jacobi, Harold Lawlor, Anthony Boucher, Malcolm Kenneth Murchie, Greye La Spina, John D. MacDonald "But Not to Dream", and August Derleth "Kingsridge 214". Illustrations by John Giunta, Fred Humiston, Vincent Napoli, Matt Fox, and Lee Brown Coye. 6.5" x 9.75", 96 pages, B&W.
Cover price $0.25.