Pink is persuaded to become a toreador again.
An impressario from a bull ring sees the Panther pretending to be a bull fighter and convinces him to be a real one at his arena. The Panther does very well in the ring until the bull gets angry and chases the Panther out into the city. The Panther hides from and plays tricks on the bull, who never catches up with him. Finally, the Panther hides under a sombrero and traps the bull. The impressario comes and drags the bull back to the arena.