Reporter Skip Hanlon (Ron Foster) is stuck in Deep Harbor, a bit frustrated about nothing happening there and stalled in his "career". He meets Janey Fowler (Merry Anders), whose father Milo (Barry Kelley) is the captain of a charter boat. The "syndicate" pays the captain to transport gangsters out of the U.S.. Then the mobster on Milo´s boat coldbloodedly kills one of his escape-passengers because he tricked the syndicate. The body is then thrown over board with an anchor chained around the legs. Hanlon´s best friend Barney (Norman Alden) has a salvage service and finds the anchor tied to the dead man, Frank Miner. Whereas Skip and Janey develop a relation she identifies the anchor as being Milo´s and thus Skip gets his scoop that brings him national attention and the contempt of Janey who feels betrayed. Milo can escape the arrest by the police and asks Janey to help him to flee to Mexico. Wounded by a shot he hides in a warehouse when Skip sees him. Milo shoots at him in a father/son-in-law-to-be-encounter but then dies after fainting Skip asked Janey to marry him.
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