Felix has been taken in by a man named Henry, but when he helps himself to milk from the refrigerator Henry chases him out of the house and down the street, where their chase entertains the crowd waiting to get into a circus. This gets Henry a job as a clown, but Felix is rejected, and his efforts to get in as well only pay off when an injury gets him into the circus hospital.; Henry's first performance as Clowno is a bomb until Felix runs out and joins him, but Clowno gets all the glory and Felix is left looking for food; when he does manage to get a fish he gives it to his new crush, tightrope walker Katrina Katt.; Felix's continued attempts to get a job with the circus and impress Katrina Katt ruin several of the acts, but the customers love it.; Dinky wants to sled down Dead Man's Bluff; Inky doesn't want to, but accidentally ends up on the sled with Dinky. After a series of close calls, Inky falls off, and Dinky ends up in front of a general store stove, stuck inside a snowman.; Felix and a treasure chest are hauled on board a ship; the crew takes the treasure and deserts the ship, leaving it to Felix--and a cargo of wild animals.; Kitty hopes that something at the circus will remind her of what she was supposed to do; a line of elephants reminds her that she was going to the reducing salon.; Felix wants to practice tricks in order to get a job with the circus, but gets in trouble when he interferes with a lifesaving attempt at the beach.; Randolph Rabbit keeps wandering away, so his parents teach him a lesson by making him think they have disappeared along with their house.