Laughter and Tears

Ville Bom is the owner of a dance and boxing institute and lives a quite dissolute life.

Janne Modig lives in Småbacka and loves to pull pranks with his friend Nisse.

Laban Lundström is the porter at Hotell Kåkbrinken. The hotel is threatened by wholesaler Sjökvist, who wants to pull down the house and build a new and modern house instead.

One day, a theater company to Iron Creek. In the city's steel mills meet the young actress Monika young Erik. The love between them is from the very clear but complicated by the fact both have careers.

Augustus Blomkvist sells his sausage factory and buys the newspaper Stockholms-Posten where he starts working as a reporter under false name.