MAY 3, 1938

TUESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1938
WOULD HAVE MADE YOU $7,318,352 IN 2025
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 By May 3, 1938
1 True Confession
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True Confession
2 Test Pilot
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Test Pilot
3 Jezebel
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Jezebel
4 Bringing Up Baby
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Bringing Up Baby
5 The Buccaneer
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The Buccaneer
6 A Yank at Oxford
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A Yank at Oxford
7 The Adventures of Marco Polo
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The Adventures of Marco Polo
8 Algiers
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Algiers
9 Snow White and the Seven Dwarfs
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Snow White and the Seven Dwarfs
10 Topper
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Topper
Bluebeard's Eighth Wife
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Bluebeard's Eighth Wife
Mad About Music
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Mad About Music
Merrily We Live
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Merrily We Live
The Baroness and the Butler
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The Baroness and the Butler
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
Madame X
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Madame X
May 3, 1938 Trivia
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The Story of May 3, 1938

On May 3, 1938, significant attention was drawn to Romania as the government commenced a census aimed at counting its Jewish citizens, reflecting the rising tensions and discrimination against Jewish communities in Europe prior to World War II.

🧠 Inventions of 1938

Breakthroughs and everyday innovations from the year.

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

The biggest hits of the year β€” Top 10 Pop & Country chart toppers

HEADLINES ON May 3, 1938

Full News Archive

  • Headline: Rumania's Jewish Population Count. Impact: This seemingly innocuous counting led to an elaborate network of subterfuge where some citizens pretended to be cats to avoid identification. Of course, the cats later formed their own government, which was surprisingly efficient.. Fact: Did you know that if you count all the Jewish citizens in Romania, you might end up with a few extra cats? Just kiddingβ€”hopefully, they were all humans..
  • Headline: Chinese College Trustees Dinner 1938. Impact: This dinner sparked a series of culinary competitions that eventually led to a global 'Best College Meal' contest. Spoiler: the winner was always pizza.. Fact: They say the way to a man's heart is through his stomach, but apparently, it’s also the route for trustees to discuss the future of education over a mediocre dinner..
  • Headline: Northern States Utility Earnings Surge. Impact: This financial report led to a sudden spike in stockpiling of light bulbs, as citizens feared a blackout based on the shocking profit margins. Light bulbs became the new gold standard.. Fact: Fun fact: People were so thrilled with the profit increase that they started investing in light bulbs, only to find out they couldn’t actually make any money off of them..
  • Headline: $9,144,000 Relief Voted at Night Session; More Evening Meetings Planned by Mayor. Impact: The mayor's decision to hold more evening meetings led to an entire generation of citizens becoming nocturnal, triggering a nationwide coffee shortage that lasted decades.. Fact: You know it’s serious when the mayor schedules night sessions. Next up: an emergency meeting to discuss the impact of too much caffeine on city politics!.
  • Headline: THE PLAY; The Theatre Guild Presents the Actors Repertory Company in 'Washington Jitters'. Impact: This theatrical performance caused a ripple effect that made all politicians overly dramatic, leading to a series of very public fainting spells during press conferences.. Fact: Turns out, 'Washington Jitters' was just an elaborate metaphor for the anxiety politicians feel when they realize they have to answer questions from actual humans..
  • Headline: ITALY JOINS STRAITS PACT; Adheres, With Reservations, to Dardanelles Convention. Impact: Italy's cautious adherence led to a diplomatic game of 'Just Kidding' that spiraled into a series of international treaties being signed in crayon.. Fact: Italy joining the pact with reservations is like saying, 'I'll join your club, but only if I can wear flip-flops and eat pasta during meetings.'.
  • Headline: 700 ATTEND DINNER FOR MGR. FITZPATRICK; Corona Pastor Receives Purse From Parishioners. Impact: This generous act inspired a trend where pastors began receiving purses instead of just donations, leading to an unexpected rise in fashionable clergy.. Fact: Who knew that a pastor's purse could be the start of a new fashion line? 'Holy Chic' might just be the next big thing in religious wear!.
  • Headline: KAETHE KOLLWITZ DISPLAYS ART HERE; Three Galleries Put on View Drawings and Lithographs by Noted German Woman PIETA' INCLUDED IN WORKS ' Vier Maenner in de Kniepe' and 'Frau Mit Totem Kind' in Interesting Collection Ousted from German Academy Sculpture Also Displayed Exhibition Notes. Impact: Kollwitz's art led to an unexpected movement where people began interpreting their grocery lists as profound statements on the human condition. 'Eggs: A Metaphor for Existence' was a popular essay topic.. Fact: Kaethe Kollwitz's art was so powerful it could make even a grocery list seem tragic. Who knew vegetables could evoke such deep existential dread?.
  • Headline: MORGAN TO TESTIFY BEFORE SEC TODAY; Senior Partner of Banking Company to Be Questioned About Whitney Firm FOUR OTHERS ARE CALLED Whitney Office Effects Sold for $3,108-30 Pounds of Aspirin Bring 50 Cents Office Equipment Auctioned Pictures Bring Only $7.50. Impact: Morgan's testimony instigated a series of banking regulations that resulted in the invention of the desk calculatorβ€”a device that made math slightly more bearable for office workers.. Fact: This testimony was so riveting that it made watching paint dry seem like an extreme sport. Who knew banking could be such a nail-biter?.
  • Headline: Berlin Jews Aid ORT. Impact: This act of generosity led to an increase in educational opportunities for many, shaping a generation that would later contribute significantly to cultural and intellectual movements worldwide.. Fact: The support for ORT was more than just financial; it was a lifeline that opened doors to education and hope during some of the darkest times in history..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1938, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1938
$0.06
Value in 2025
$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
Value in 2025
$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
Value in 2025
$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