Punch and Judy v1 #8

This anthology issue contains two stories featuring the titular characters. The first story follows Punch, Nosey, and Corky as they attend a carnival where Mr. Moonbeam distributes taffy to children; when Punch becomes frustrated with his small portion, he pursues Mr. Moonbeam to the taffy factory, encountering a giant windmill operator along the way who accuses Punch of stopping his mill. The second story depicts Captain Codfish and his wife at sea, where Captain Codfish presents his wife with black pearls he obtained from oysters while saving them from a pirate squid, but she expresses disappointment that the pearls are not white as she originally requested.