Larry, Duke, Max and Nestor buy a lottery ticket that wins a thousand dollars. But Larry loses the ticket and it looks like his carelessness will cost him more than money.
Larry arranges a welcome-to-Kensington party for Bunny Bird who is opening a flower shop next door. When he learns that her previous "flower shops" were closed by morality squads, he begins to suspect that she will be selling more than flowers.
Cathy's mother leaves her husband because of his irrational jealousy, and moves in with the Kings. Larry turns counselor, then schemer, in order to reunite Cathy's parents.
When the Cabbagetown Kid gets a match with one of the lesser-known contenders for the Middle Weight Commonwealth Boxing Championships, King turns the club into a training camp for him. But then the Kid asks King to become his sparring partner.
Wally, the young man Cathy is tutoring, develops a crush on her and declares his love. In an attempt to cure him of his passion, Cathy throws herself at him and Wally makes a quick exit.
King gets his friend Tiny, a midget, a job as an usher but Tiny is fired after he insults a distributor who has come to the theatre to arrange the showing of "King Kong". Larry dreams up an innovative publicity stunt to save Tiny's job and the theatre.
Gladys is convinced that her days are numbered when her doctor decides, after a routine medical examination, that she should go into the hospital for some tests.
Cathy and Larry appear on a TV quiz show in which the grand prize is an 18-foot sailboat. They're sure they can win, but then their opponent asks them to cheat and lose the game because, he claims, his wife has only six months to live.
Jake Grossman returns to Kensington for a visit after making a fortune in computers in Texas. Cathy and Gladys want Larry to take a second mortgage on the house and ask Jake to invest it for them. But they discover that Jake is bankrupt.
Cathy is fired from her job at the Daycare Centre and Larry offers her a job in the store. She takes over the operation but drives everyone crazy. King takes her to dinner at Luigi's to fire her.
Larry fills in as a guest speaker at the Merchants ' Association Dinner, where his hilarious family anecdotes are a bit hit. Duke books him into Luigi's as a stand-up comic, but his professional debut almost turns into a total disaster.
King tells a gawky, tomboy teenager that he will help her find a date for her prom night. With Cathy's help, King turns her into a beautiful, young lady, ready for her first big night out.
Larry and Cathy go to Buffalo for a second honeymoon. Larry's attempts to save the marriage of the newlyweds in the next room put his own marriage in jeopardy.
Cathy is asked to help a female photographer take pictures of "masculine aesthetics" (nude males). Larry resists - and then turns up as a model in the photography session.
Larry becomes jealous of Cathy's dance teacher, and tries to make her understand how he feels by taking cello lessons from a very attractive woman. Unfortunately, Cathy shows no sign of concern.
Gladys' cooking is so popular that she decides to open a lunch room in the back of the store. When Gladys breaks her leg the evening before a special luncheon, Larry tries to save the day.
Larry's long friendship with Duke is jeopardized when Duke claims that he foiled an attempted robbery at Malone's Bar. Actually, Larry made the decisive move. King's dilemma is magnified when he is asked to present an award to Duke for his heroism.