On May 31, 1938, Henry Armstrong (89-12-7, 60 KOs) gets a shot at the welterweight The Ring title held by and the Ring Magazine champion, Barney Ross (74-3-3, 22 KOs).
Barney Ross is coming in to the fight on a 21-fight win streak with a 27% KO rate; his last fight was a 7th round TKO victory over Bobby Venner, 1 month and 6 days ago. Henry Armstrong is on a 37-fight win streak with a 55% KO rate, with his last fight being a 5th round KO win over Lew Feldman, 2 months and 1 day ago.
Although the odds are slightly in favor of Barney Ross at 52.9-47.1, it would be fair to consider this a 50-50 fight. Ross has a slightly better chance of winning, but Armstrong could also certainly pull it off.
Henry Armstrong defeated Barney Ross via unanimous decision and wins the The Ring title. Armstrong improves his record to 90-12-7, while Ross adds a loss to his record at 74-4-3.