Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON July 14, 1934
Full News Archive
- Headline: France's Maritime Subsidy Boosts Shipping. Impact: This subsidy paved the way for a future in which countries would engage in complex negotiations over tiny maritime details, resulting in the world's first international shipping game show: 'Who Wants to Be a Cargo King?'. Fact: Did you know that a 140 million-franc grant sounds impressive until you realize it's just a fancy way of saying 'let's keep our shipping companies afloat while the rest of the world sinks'?.
- Headline: Market Stagnant in Berlin.. Impact: Market stagnation in Berlin led to the creation of underground trading clubs, where bored traders exchanged rare stamps and old coins instead of stocks, setting the stage for the world's first stamp-collecting hedge fund.. Fact: Did you know that 'market stagnation' is just a fancy term for 'let's all sit around and do nothing until something interesting happens'?.
- Headline: Extra Dividend by Glidden Co.. Impact: The extra dividend prompted shareholders to demand more crazy financial maneuvers, which eventually evolved into today's obsession with cryptocurrency and meme stocksβbecause why not throw money at digital cats?. Fact: Did you know that 'extra dividend' is Wall Street's way of saying, 'We have no idea what to do with this money, so here, take a little more'? .
- Headline: Firecracker Kills Man of 73.. Impact: The tragic death of P Emery sparked a nationwide frenzy over firework safety, leading to the invention of the world's first firework-proof hospital, which ironically became the most popular destination for firework enthusiasts.. Fact: Did you know that lockjaw is not just a medical condition but also a great excuse for avoiding awkward conversations?.
- Headline: MACK WILL START WITH BIG UTILITIES; He Indicates Niagara Hudson and Associated Gas Will Be First Targets. SCOPE MAY INCLUDE RAILS Scrutiny of Public Service Board Might Involve Them -- Counsel Pushes Plans.. Impact: Mack's scrutiny of utilities sparked a wave of public interest in energy efficiency, leading to the rise of eco-warriors armed with solar panels and reusable grocery bags, who now patrol neighborhoods like the Avengers of Sustainability.. Fact: Did you know that investigating gas companies is like poking a bear? You might get some interesting results, but you might also end up with a lot of angry bears on your hands..
Wall Street Time Machine
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1934, it would be worth $147,887 today (147.9x return)
IBM
IBM
IBM - If you invested $1,000 in 1934, it would be worth $205,272 today (205.3x return)