Lou Thesz beat Everett Marshall in St Louis, making him the youngest to win the National Wrestling Association World heavyweight title.
The first full-length animated feature film, 'Snow White and the Seven Dwarfs,' premiered.
NBC assembled the first symphony utilized exclusively for radio.
Ernest Hemingway's 'To Have and Have Not' was published in the US.
English author J. R. R. Tolkien released his critically acclaimed book 'The Hobbit.'
Toyota Motor Corporation was founded after operating as a division of Toyoda Automatic Looms for six years.
Canon Inc. was established in Tokyo, Japan.
A fire broke out in 20th Century Fox's New Jersey film storage facility.
American aviator Amelia Earhart disappeared.
Seventeen people went on trial in the second Moscow Trials.