MAY 10, 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
Bringing Up Baby
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Bringing Up Baby
Bluebeard's Eighth Wife
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Bluebeard's Eighth Wife
The Adventures of Marco Polo
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The Adventures of Marco Polo
Jezebel
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Jezebel
Algiers
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Algiers
Mad About Music
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Mad About Music
Merrily We Live
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Merrily We Live
The Buccaneer
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The Buccaneer
The Baroness and the Butler
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The Baroness and the Butler
A Yank at Oxford
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A Yank at Oxford
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
May 10, 1938 Trivia
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The Story of May 10, 1938

On May 10, 1938, British Prime Minister Winston Churchill made headlines by proposing a strategic encirclement of Germany, suggesting that Britain should ally with Russia and smaller nations to counter the growing threat of Nazi dominance in Europe.

Inventions & Breakthroughs of May 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 May 10, 1938

Full News Archive

  • Headline: Controversial Print Show Opens in 1938. Impact: The exhibition sparked a fascination with aloofness that led to a movement of artists who insisted on being emotionally unavailable, ultimately influencing modern dating culture and the rise of ghosting.. Fact: In the world of art, being aloof is actually a strategy. Who knew ignoring everyone could be so... profound?.
  • Headline: Churchill's Strategy Against Germany. Impact: Churchill's proposal to encircle Germany led to an unexpected rise in the popularity of board games involving alliances, forever changing family game night dynamics and increasing disputes over Monopoly rules.. Fact: Encircling Germany? Sounds like a fun game of Risk, but with a lot more geopolitical tension and way fewer plastic houses..
  • Headline: THEATRE BURGLAR SLAIN; Companion Seized in Paterson as Police Surprised Them. Impact: The death of the burglar led to a surge in theatrical security measures, resulting in the creation of the first 'theater bouncers' who would later dominate nightclubs and live events.. Fact: This incident proves that even criminals can't catch a break; if only they'd stuck to the safer life choices of, say, knitting..
  • Headline: RUSSIAN CZARS' BOOKS BOUGHT BY PRINCETON; University Gets 600 Volumes of Imperial Library's Fiction. Impact: Princeton's acquisition of the Russian Czar's books led to a sudden spike in the demand for historical fiction, inadvertently igniting the trend for hipster book clubs that obsess over obscure literature.. Fact: 600 volumes? That's way more than I read in college, and I was supposed to be getting a degree!.
  • Headline: SIAM ENVOYS SIGN FOR SPACE AT FAIR; Life in Cities, Villages and Forests of Country Will Be Depicted in Exhibits SWISS DELEGATES AT SITE 600 of Women Voters League Expected to Visit Grounds and Have Tea Today Native Murals to Be Shown Swiss Site Inspected. Impact: The signing of the space for Siam at the fair led to the global trend of countries showcasing their culture through elaborate exhibitions, which would later evolve into today's over-the-top national pavilions at events like the Olympics.. Fact: Who knew that a tea party for women voters would lead to the elaborate exhibition that is now the Olympics? I bet they didn't see that coming!.
  • Headline: BOY, 13, VANISHES AGAIN; Returns as Stowaway on Liner and Then Disappears. Impact: The boy's escapades as a stowaway inspired countless young adult novels, which eventually evolved into the 'young adult' genre where teenagers go on life-changing adventures without any adult supervision.. Fact: Running away on a cruise ship? Remember, kids, that’s not how you solve your problemsβ€”unless you want to be the star of a coming-of-age movie!.
  • Headline: ELMER E. STOCKTON. Impact: Elmer E. Stockton's name will forever be lost to history, which ironically emphasizes the importance of keeping a low profileβ€”one that many future politicians would take to heart.. Fact: Elmer E. Stockton: the kind of name that makes you wonder if he ever thought about a career in showbiz instead of just being... well, Elmer..
  • Headline: Writs Denied in Spy Case. Impact: The dismissal of writs in the spy case led to a series of legal reforms that made it harder for spies to hide in the shadows, ultimately inspiring countless spy movies where the hero always beats the system.. Fact: Who knew that denying writs would lead to a wave of ninja-like spies in fiction? Thanks, legal system!.
  • Headline: APPROVE NAVY BILL, EASE BIG-SHIP CURB; ConfereesAgree to Vessels Over 35,000 Tons if the President Finds Defense So Requires LEAHY ASKS MORE FUNDS Asks House Group for $28,751,000 Shore Projects Not Covered in Billion Measure Might Waive Work-Week-Curb Hangar Facilities Have Lagged Dirigible Building Up to President. Impact: The approval of the Navy bill allowed for a rapid increase in naval spending, which would later be cited as one of many contributing factors to the military-industrial complex we know todayβ€”a true masterpiece of irony.. Fact: Big ships? Great! But let's not forget the irony of needing to spend more to defend against people who may never actually attack you..

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