The first of three Shadow movies from Monogram Pictures, all starring Kane Richmond as Lamont Cranston/The Shadow, and Barbara Read as his girlfriend/assistant Margo Lane. The confusing plot involves jewels recovered from a businessman's grave, secret formulas, and a series of apparent suicide leaps that Cranston is convinced are murders - but cannot work out how they're done. As the police plod along in their investigation, Cranston - making a show of being an inept nuisance and getting in the way - secretly does some snooping of his own... as the Shadow.
Nothing is shown here of the Shadow's ability to hypnotise, become seemingly invisible, or 'cloud men's minds', and we never hear his demonic laugh. Instead he's more like the Saint or the Falcon - except that every now and then he pulls on a trenchcoat, hat, and mask. And whilst traditionally the Shadow's adventures have a pretty dark aspect to them (as captured well in the 1994 movie), here it's lighter, with lots of snappy banter played for laughs. The cast are solid, B movie regulars who do a good job with what they're given, and the leads are engaging; but the mystery doesn't really grab hold, and the whole thing ends up feeling pretty frivolous. 5/10.