Woody has mail-ordered a divining wand, to search for oil. Instead of gushers, the thing points at most inconvenient places on Wall Walrus's property. When it points elsewhere, they both follow it, competitively, with even worse results.
Woody and wally picnic in their neighboring gardens, but voracious ants from a tree keep raiding Woody's goodies. A bitter food-war ensues, which Woody seems to loose, until he devises a craft diversion.
Woody spends a holiday in Bavaria. there he accepts a fat knave's offer, free lodgings in his castle packed with toys if he entertains the rascal, but finds that hard and danger labor. Woody escapes, meets the next-door female castle-host with similar terms, then has a brilliant idea.
Woody discovers a bus-load of bird-watchers after a fat prize for spotting a rare, speckled woodpecker species in the forest, no matter how. So Woody decides to impersonate one, which actually attracts a real one.