|"Cold Cash And Hot Water"
Season 1-Syndicated, Episode 39
Aired: Thursday October 8, 1987
Writer: Richard Mueller
Peter's dad calls from Alaska and tells the guys he's found Hob Anagarak, "the first demon", frozen in a block of ice by the Inuits. It all breaks loose when Charlie brings the block of ice to New York and frees the demon with the "help" of Dr. Basingame, the scoundrel who once caused trouble for Ray's Aunt Lois!
- Title Reference: "Cold cash" is defined by the Merriam-Webster Dictionary as "money that a person has and can use immediately." When someone is said to be "in hot water", they are in a state of trouble.
- This finishes the "trilogy" of swapped episodes: the airing order was "Cold Cash and Hot Water", "Venkman's Ghost Repellers", then "The Spirit of Aunt Lois"; changing it to "Venkman's Ghost Repellers", "The Spirit Of Aunt Lois", then "Cold Cash and Hot Water" works better with the internal nature of the episodes.
- Series regular Lorenzo Music is the voice of Peter's dad.
- The story shares some similarities to the classic movie "King Kong."