| 1 | CoverW MMM 49-00 | Cover | 1 | | Hank Porter | Donald Duck, Peg-Leg Pete |
| 2 | Enter This Big Contest | Illustration | 1 | | | |
| 3 | Two-Gun Donald DuckW MMM 49-02subscription promo | Illustration | 1 | | | Donald Duck |
| 4 | IndexW MMM 49-03contents illustration from 1939 book School Days in Disneyville | Text story | 1 | | | Fiddler Pig, Fifer Pig, Practical Pig, The three little pigs |
| 5 | Just Between UsW MMM 49-04editorial | Text story | 1 | | | Donald Duck, Mickey Mouse |
| 6 | Officer DuckW MMM 49-05 | Text story | 3 | | | Donald Duck, Peg-Leg Pete |
| 7 | Letters to the EditorW MMM 49-06 | Text story | 1 | | | Mickey Mouse |
| 8 | The Story of Paper | Text story | 3 | | | |
| 9 | Cometsby Dorothy Bennett | Text story | 1 | | | |
| 10 | Authograph HoundW MMM 49-09 | Text story | 2 | | | Donald Duck |
| 11 | HMS Pinaforeby Glbert and Sullivan, adapted by Robert Lawrence | Text story | 6 ½ | | | |
| 12 | Peter the Farm Detective | Text story | 2 | | | |
| 13 | Wise Quacks Edited by DDW MMM 49-12 | Text story | 1 | | | Donald Duck |
| 14 | Your PageW MMM 49-13readers' letters | Text story | 1 | | | Goofy, Mickey Mouse |
| 15 | Come, Penny Penny | Text story | 2 | | | |
| 16 | Game or puzzleW MMM 49-15illustration from 1939 book School Days in Disneyville | Game or puzzle | ½ | | | The Big Bad Wolf, Donald Duck, Mickey Mouse |
| 17 | Text storyW MMM 49-16subscription promotion | Text story | ½ | | | Donald Duck |
| 18 | StoryZM 39-04-30 | Story | 1 | Merrill De Maris | Manuel Gonzales, Ted Thwaites | Morty and Ferdie, Minnie Mouse, Mickey Mouse |
| 19 | StoryZM 39-05-07 | Story | 1 | Merrill De Maris | Manuel Gonzales, Ted Thwaites | Goofy, Mickey Mouse, Pluto |
| 20 | Robinson Crusoe part 1YM 037 | Story | 2 | Floyd Gottfredson, Merrill De Maris | Floyd Gottfredson, Bill Wright, Ted Thwaites | Cannibal king, Friday, Goofy, Minnie Mouse, Mickey Mouse, Mac MacCorker and 2 more |
| 21 | Timid Elmer part 7ZS 3804Sunday 1-15 | Story | 1 | Merrill De Maris | Al Taliaferro | Elmer Elephant, Gooch Gorilla, Hippo Hippopotamus, Mr. Giraffe, Tillie Tiger, Tuffy Tiger |
| 22 | Better Little BooksBLB list | Text story | 1 | | | |
| 23 | The Autograph HoundPMS 1939-012A | Illustration | 1 | | | Donald Duck, Greta Garbo, Katharine Hepburn, Martha Raye, Shirley Temple, Sonja Henie |