Right after asbestos started becoming a issue, got rid of all the Transite gas vents even though they were no longer being used, due to to water heater relocations, & furnace replacements it is a move was glad I did.
Have to agree with the comments already made, the wiring is fine, but the cracks in the pipe are worrisome.
In addition to more abandoned wiring, the knob and tube stuff all appears to have been abandoned in 1938, but I am finding old cloth romex that just comes up into the attic and ends, time for more wire nuts and handi boxes