Timothy and Max are partners in the junk business. They take poor young Mary in as a boarder. Mary gets a job in Nathan's office and falls in love with him, but his mother feels she is beneath Nathan. Nathan faces disaster unless he can corner a particular stock, with which Timothy and Max's room happens to be entirely papered.
Acting
Jackie Coogan's mugging could power a city
Production
That stock-papered room is production design history

Director
Edward F. Cline
Trivia, insights & behind the scenes
This was Joan Crawford's first significant role — she was still billed as Lucille LeSueur and reportedly hated the 'Old Clothes' title.
Jackie Coogan was Hollywood's biggest child star after The Kid, making this a bizarre vehicle where he's already aging out of cute-kid roles at 11.