Originally credited to Rudy Palais. This is Elkan. His heads with high brow and usually much hair on top with a lock of hair on one side: Toy Merchant on page 3, and Pavani on page 8. Also the running figure in front view on page 4. Notice the high brow of Doll Man on pages 9 and 14, and compare all this with his signed story in Hit Comics #20. Palais drew lower brows than this. Elkan is credited on this feature by Jerry Bails' Who's Who.
Notice the high brow on pages 3 and 4 for an Elkan clue.
Letterer credit added by Craig Delich 2012-12-16.
Compare difference between Elkan faces with Palais on page 2 bottom.