Porky Pig's Poppa will lose his farm to flint-hearted landlord Mr. Viper unless Porky can raise some money in a hurry. Heading to the big city with his faithful horse Bobbin, Porky manages to get work delivering milk, but loses most of his first shipment to a pack of hungry cats. Making matters worse, Hank Horsefly stings Bobbin, causing the old nag to run amuck. But Porky's luck changes radically when Bobbin accidentally enters a horse race and wins the grand prize...with a little help from his friend Hank!
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