JANUARY 11, 1938

TUESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1938
WOULD HAVE MADE YOU $7,318,352 IN THE 2025 DATASET
Min_Wage_Hourly: $0.29
Median_Home_Price: $4,300.00
Gas_Price_Avg: $0.18
Bread_Price_Avg: $0.09
Movie_Ticket_Avg: $0.29
First_Class_Stamp: $0.03
Milk_Price_Avg: $0.54
Top Movies From 1938
1 Snow White and the Seven Dwarfs
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Snow White and the Seven Dwarfs
2 Boys Town
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Boys Town
3 Alexander's Ragtime Band
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Alexander's Ragtime Band
4 Test Pilot
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Test Pilot
5 You Can't Take It with You
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You Can't Take It with You
6 Sweethearts
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Sweethearts
7 In Old Chicago
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In Old Chicago
8 The Adventures of Robin Hood
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The Adventures of Robin Hood
9 Love Finds Andy Hardy
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Love Finds Andy Hardy
10 Marie Antoinette
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Marie Antoinette
After the Thin Man
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After the Thin Man
The Good Earth
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The Good Earth
Nothing Sacred
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Nothing Sacred
The Hurricane
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The Hurricane
The Prisoner of Zenda
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The Prisoner of Zenda
Conquest
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Conquest
Heidi
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Heidi
True Confession
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True Confession
Madame X
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Madame X
January 11, 1938 Trivia
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The Story of January 11, 1938

On January 11, 1938, economic challenges continued to plague the United States as reports indicated a rise in business failures, totaling 268 for the latest period compared to 249 the previous year.

Inventions & Breakthroughs of January 1938

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

1 Ballpoint Pen
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Ballpoint Pen
2 Atomic Fission Discovery
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Atomic Fission Discovery
3 Polytetrafluoroethylene (Teflon)
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Polytetrafluoroethylene (Teflon)
4 Duplex Transmission Radio
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Duplex Transmission Radio
5 Gas Turbine Engine Improvements
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Gas Turbine Engine Improvements
6 Automatic Telephone Switching
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Automatic Telephone Switching
7 Instant Coffee
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Instant Coffee
8 Television Camera Tube Improvements
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Television Camera Tube Improvements
9 Aircraft Cabin Oxygen Systems
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Aircraft Cabin Oxygen Systems
10 Electric Hearing Aid
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Electric Hearing Aid

The Sounds of

Popular recordings and roots/country selections associated with the year

HEADLINES ON January 11, 1938

Full News Archive

  • Headline: Increase in Business Failures Reported. Impact: As businesses crumbled, the rise of the entrepreneur was ignited. This led to the birth of start-up culture in the 21st century, where everyone thinks they can sell artisanal pickles and make a fortune.. Fact: 268 business failures means 268 more opportunities for your neighbor to start a trendy coffee shop nobody asked for!.
  • Headline: Mass Unemployment Hits Insurance Applications. Impact: As joblessness climbed, it paved the way for the gig economy. Now, instead of having one stable job, we all get to juggle five part-time jobs while pretending we're thriving.. Fact: 370,000 people applying for insurance means a lot of 'entrepreneurial' side hustlesβ€”like turning to dog walking or becoming a TikTok influencer!.
  • Headline: Cardozo Remains Gravely Ill in 1938. Impact: Justice Cardozo's condition rallied public interest in the health of legal figures, leading to a future where politicians and judges have health updates delivered like sports scores. 'Breaking: Justice X has a cold!'. Fact: No change in Cardozo's condition? Well, at least his lack of progress gives us plenty of time to ponder the real issues in our judicial system..
  • Headline: SEEKS ALIMONY FOR MEN; Middleton Bill Proposes Equal Footing With Women. Impact: The push for equal alimony led to a future where finances became a battleground in divorces, resulting in the rise of financial advisors who specialize in marital breakdowns.. Fact: Equal alimony? Because nothing says 'I love you' like splitting your life savings over a legal battle!.
  • Headline: LEHMAN'S 1938-39 BUDGET CUTS EXPENSES $15,000,000, BUT SPECIAL TAXES STAND; TOTAL $385,824,459. Impact: Budget cuts meant less government spending, which led to a future where communities had to fend for themselves, sparking the rise of neighborhood bake sales and questionable GoFundMe campaigns.. Fact: Cutting $15 million from the budget while keeping special taxes is like saying, 'I’ll take the salad, but please add extra bacon!'.
  • Headline: 17 HELD AS FELONS GET AID FROM DEWEY; First Offenders Allowed to Plead to Lesser Charges, but Two Fail to Win Clemency. Impact: By allowing first offenders to plead to lesser charges, a future trend emerged where leniency became a new form of justice, guaranteeing future debates about the fairness of the legal system.. Fact: 17 felons getting a soft pass is basically the judicial system saying, 'Don't worry, we all make mistakes…especially on the first try!'.
  • Headline: BUYING FOR SPRING IS 'FAIR' AT OPENING; Initial Apparel Budgets 15% Under a Year Ago, When Prices Were Rising. Impact: The 'fair' buying season meant that everyone was on a budget, leading to a future where thrift stores became the new luxury boutiques. Vintage is the new black!. Fact: 15% under last year's apparel budget? Guess it's time to dust off those 90s outfits and call it 'vintage chic'!.
  • Headline: 2,000,000 APPROVE ANTI-WAR APPEAL; People's Mandate, at Meeting Here, Presses Drive to Get 12,000,000 Signatures. Impact: The anti-war appeal's momentum snowballed into a global movement, eventually inspiring protests and activism that we still see today, albeit with more hashtags and less actual change.. Fact: 2,000,000 people signed an anti-war appeal, proving that sometimes, the power of a signature is stronger than the power of a bullet… or at least we hope!.
  • Headline: Man's Frozen Body Found. Impact: The discovery of a frozen body led to a future where true crime documentaries became a multi-billion dollar industry, making everyone an armchair detective.. Fact: A frozen body found in the woods? Great, just what we needed to boost the local ghost tour business!.
  • Headline: Hudson Quintet Shows Way. Impact: The Hudson Quintet's performance set a standard for ensemble performances, leading to an era where every wannabe musician thinks they can form a band and take over the worldβ€”spoiler: they can't.. Fact: The Hudson Quintet shows the way? I hope they brought snacks, because ensemble practice is always a feast of disappointment and broken dreams!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1938, here's what the stored 2025 dataset estimates.
Rank #1
JNJ
Johnson & Johnson
Price in 1938
$0.06
2025 dataset value
$3,433,940

Johnson & Johnson - If you invested $1,000 in 1938, it would be worth $3,433,940 today (3433.9x return)

Rank #2
PG
Procter & Gamble
Price in 1938
$0.25
2025 dataset value
$586,656

Procter & Gamble - If you invested $1,000 in 1938, it would be worth $586,656 today (586.7x return)

Rank #3
CVX
Chevron
Price in 1938
$0.31
2025 dataset value
$474,914

Chevron - If you invested $1,000 in 1938, it would be worth $474,914 today (474.9x return)

🦸 Top 5 Comics
Action Comics #1
Action Comics #1
$8,000
Detective Comics #16
Detective Comics #16
$10,200
Adventure Comics #32
Adventure Comics #32
$50,000
Famous Funnies #47
Famous Funnies #47
$1,200
The Funnies #12
The Funnies #12
$42,000
🧸 Top 5 Toys
Scrabble
Scrabble
$250.00
MÀrklin Electric Trains
MÀrklin Electric Trains
$300.00
Monopoly
Monopoly
$200.00
Tinkertoys
Tinkertoys
$150.00
Radio Flyer Wagon
Radio Flyer Wagon
$120.00
⚾ Top 5 Trading Cards
1938 Gum Inc. Horrors of War #1 It's War
1938 Gum Inc. Horrors of War #1 It's War
$2,500
1938 Churchman's Boxing Personalities Joe Louis
1938 Churchman's Boxing Personalities Joe Louis
$32,000
1938 Wills's Three Castles Film Stars Clark Gable
1938 Wills's Three Castles Film Stars Clark Gable
$80,000
1938 Player's Cigarettes Film Stars Second Series Charlie Chaplin
1938 Player's Cigarettes Film Stars Second Series Charlie Chaplin
$250,000
1938 Gallaher Famous Cricketers Don Bradman
1938 Gallaher Famous Cricketers Don Bradman
$15,000