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When he completes his military service Walter Gulick returns to his birthplace, Cream Valley, New York. He was orphaned as an infant and grew up elsewhere but always wanted to return to where he was from. He hopes to be a mechanic but soon after his arrival finds himself working as a sparring partner at a boxing camp. Having lost all of his money in a crap game, Walter is happy to take any kind of work but a devastating right hook sends him down a different path. Willy Grogan thinks he has a winner in Walter who, after helping a lady out, is dubbed Kid Galahad. Willy is a likable man but gambles too much and may have been a witness to a mobster’s conversation that would best be forgotten. As Walter gains more success, and falls in love with Willy’s sister Rose, Willy Grogan finds himself coming under pressure from mobsters to make Walter takes a dive at his next big fight.

On 1st November 1959, in New York, C.C. “Bud” Baxter is a popular clerk of “Consolidate Life”, an insurance company with 31,259 employees. The secret of his success is a well located apartment where he lives that he sublets for his superiors, making him climb to the executive position of 2nd Administrative Assistant very early. He likes the elevator girl Fran Kubelik, a reserved woman considered a “jackpot” among the executives. Fran is the secret lover of the director Jeff D. Sheldrake, a married man that seduced her convincing that he will divorce his wife to stay with her. When Fran tries to commit suicide in Baxter’s apartment after a meeting with Jeff, she stays with Baxter while recovering, and he falls in love for her. Later he has to come up to a decision between his excellent position in the company and his love.