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HEADLINES ON August 18, 1934
Full News Archive
- Headline: Guidance for Stock Registration in 1934. Impact: The confusion over stock registration forms inadvertently led to a century-long legacy of accountants and lawyers creating exciting new careers in deciphering corporate paperwork, thus saving the world from too much free time.. Fact: Did you know that filling out forms incorrectly can lead to exciting adventures in bureaucracy? It's like a treasure hunt, but the treasure is just more paper to fill out!.
- Headline: Irving Trust Appointed as Trustee. Impact: This court decision set off a chain reaction of trust issues, leading to the modern-day phenomenon of people hiding their money under mattresses instead of banks.. Fact: Did you know that being a trustee in a playhouse company is just a fancy way of saying 'I manage the drama, but not the actors'?.
- Headline: APOLLO STEEL PLEA BALKS LABOR BOARD; Company's Acceptance of Union Bargaining Is Confused by Reservations. MINORITY RIGHTS ARE ISSUE Ruling is Expected Today as Board Plans to Hear Wheeling Case on Monday.. Impact: The labor board's indecision created a ripple effect that led to the invention of office coffee machines, giving workers a reason to gather and discuss their grievances over caffeine instead of actual negotiations.. Fact: Did you know that 'minority rights' in labor disputes are often just a euphemism for 'who gets the last donut in the break room'?.
- Headline: SEABURY BACKERS HAIL RIVAL CLAIM; Hold Concession of 394 Votes of Delegates Is Admission of His Strength. CONSIDER RUNNING MATES Schoeneck Slated for Second Place on Ticket -- Hartman for Attorney General.. Impact: This rivalry among delegates eventually inspired countless political dramas and reality TV shows, proving that the quest for power is a timeless theme in entertainment.. Fact: Fun fact: Political backstabbing has been a favorite pastime long before social media made it a trending topic!.
- Headline: FARLEY IN ARKANSAS BACKS GOV. FUTRELL; He Reviews the Accomplishments of the Roosevelt Recovery Work.. Impact: Farley's endorsement of Gov. Futrell inadvertently inspired a generation of political influencers to believe they could change the world simply by showing up at events and giving speeches.. Fact: Did you know that political endorsements are like the social media 'likes' of the early 20th century? Just as impactful, but with fewer emojis..
- Headline: PLAN TO RAISE SHIPS SUNK IN LAKE GEORGE; Residents Expect to Preserve Vessels Used in the Revolutionary War.. Impact: Raising Revolutionary War ships from Lake George not only preserved history but also sparked a new wave of reality TV shows about underwater treasure hunting, because who doesnβt love watching people dig up old boats?. Fact: Did you know that the only thing more exciting than finding a sunken ship is explaining to your friends why you spent an entire weekend fishing in a lake?.
- Headline: MONEY ORDER RATES RISE.; Advance in Exchange Blamed for Increased Foreign Issue Charge.. Impact: The increase in money order rates initiated a global economy of complaints, leading to the birth of customer service lines that we all love to hate.. Fact: Fun fact: Money order rates are like the stock market's way of saying, 'Just when you thought it couldn't get more complicated, hold my beer!'..
Wall Street Time Machine
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1934, it would be worth $147,887 today (147.9x return)
IBM
IBM
IBM - If you invested $1,000 in 1934, it would be worth $205,272 today (205.3x return)