Willard T. Warren buys out his business partner, George Lincoln, who wished to retire. Warren then forms a new company, incorporated as Warren Publications, Inc.

The following is a list of the papers in the Warren Publications Group in the early 1920s: The Bankers Magazine, The International Banking Directory, The Banking Law Journal, Banker & Tradesman, The Commercial Record, Record and Guide, American Shoemaking, Leather Manufacturer, House Furnishing Review, Fiber and Fabric, Granite, Marble and Bronze, and New England Grocer and Tradesman.