Going My Way, starring Bing Crosby, premiered in New York.
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West Virginia became the first state to impose a sales tax.
The Kilauea volcano on Big Island in Hawaii began to erupt.
Legendary investor Warren Buffett dumped all his holdings in the four major US airlines.
The Spider-Man film starring Tobey Maguire premiered.
India's first-ever full-length film, Raja Harishchandra, was released in theaters.
