By this point in his career, Woody had settled into a routine sort of cartoon -- a fight with either Wally Walrus or or the Buzzard, plenty of gags on a somewhat catch-as-catch-can basis. In many ways, the style is reminiscent of MGM's Tom and Jerry cartoons, whence writer for this one, Heck Allen had come and would return.
Not, I hasten to add, that there is anything wrong with that. There is a good deal of character in these cartoons and the characters rarely violate them, but there isn't much depth to them either: Wally is simple and grumpy, the Buzzard is greedy -- here, in Amerindian guise, he craves to win the archery competition against Woody and his slingshot -- and Woody is a destructive little kid. Good identification for his target audience.