Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON May 24, 1931
Full News Archive
- Headline: National Open Trials Draw Thousand Competitors. Impact: The massive turnout of 1,097 hopefuls for the national trials led to a sudden spike in the popularity of golf, eventually resulting in the founding of a secret society of golf enthusiasts that influenced global politics with their ridiculous debates over the best putter.. Fact: Did you know that the only thing more competitive than golf trials is a family game night? Just ask your uncle..
- Headline: Factory Workers' Purchasing Power Increases. Impact: This reported gain in buying power for factory workers sparked a revolution in consumerism, leading to the invention of impulse buying, which eventually resulted in the rise of online shopping and the modern struggle of forgetting what you came for in the grocery store.. Fact: Fun fact: The average factory worker now has more purchasing power than they did in 1931, but they still can't afford a decent avocado toast..
- Headline: Doak Cancels Part in League Labor Meeting, Ordering Our Woman Observer Not to Attend. Impact: Doak's decision to cancel a part in the labor meeting led to a wave of exclusionary practices in meetings worldwide, ultimately resulting in the rise of 'Zoom fatigue' as people realized they could just mute their cameras and pretend to be working.. Fact: Did you know that 'labor meeting' is just code for 'let's all sit in a room and pretend this is productive?'.
- Headline: ACTIONS ON DIVIDENDS.. Impact: The actions on dividends led to a frenzy of corporate buyouts, eventually giving rise to the phrase 'too big to fail,' which we now use to justify why our favorite coffee shop is charging $7 for a latte.. Fact: Did you know that dividends are just like getting a tiny refund on your over-priced subscription service? Thanks for the 50 cents, but I still want my money back!.
- Headline: New Mystery Stories. Impact: The emergence of new mystery stories sparked a cultural obsession with whodunnits, leading to an entire genre of literature where everyone is a suspect, including the person who accidentally spilled coffee on the book club's rug.. Fact: Did you know that every mystery writer secretly wishes they could solve their own life's mysteries, like why they keep making the same poor life choices?.
- Headline: SAVINGS EFFECTED BY GREAT NORTHERN; Net Operating Income Gained $175,000 in Four Months Despite Traffic Drop.ASSETS ARE $878,626,227Ralph Budd, President, PredictsGood Fruit Crop in theRoad's Territory. Budd Reviews Drop in Traffic. SAVINGS EFFECTED BY GREAT NORTHERN Total Assets Increase.. Impact: Great Northern's financial success despite traffic drops created a paradox where fewer trains meant more profits, eventually leading to the bizarre phenomenon of people taking 'staycations' instead of traveling by train, because who needs adventure when you have Netflix?. Fact: Did you know that railroads are the original social media? You get to meet lots of people, but half of them don't even know how to talk to each other..
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1931, it would be worth $586,657 today (586.7x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1931, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1931, it would be worth $487,500 today (487.5x return)