MAY 17, 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
Vivacious Lady
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Vivacious Lady
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 17, 1938 Trivia
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The Story of May 17, 1938

On May 17, 1938, Cleveland was in the spotlight as the City Council approved an emergency allocation of $80,000 aimed at providing relief amid ongoing economic hardships.

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 17, 1938

Full News Archive

  • Headline: Cleveland Council Approves Emergency Funding. Impact: This $80,000 stop-gap measure led to a series of increasingly extravagant city council meetings, where funds were appropriated for everything from gold-plated benches to a statue of the council's favorite cat. Eventually, this created a cat-loving society that dominated Cleveland elections for decades.. Fact: Did you know that city council meetings often have more drama than a soap opera? You'd think they were casting for a reality show!.
  • Headline: Hunter Awards French Scholarship. Impact: The French award bestowed upon L M Araneo triggered a massive cultural exchange where French culinary techniques infiltrated American kitchens, leading to the invention of the croissant pizza. This culinary marvel is still debated today: genius or abomination?. Fact: Did you know that L M Araneo once tried to cook a French dish but accidentally invented a new form of abstract art? It was a hit at the local gallery!.
  • Headline: Whitney Partners Face Bankruptcy Hearing. Impact: Mygatt's return to farming after bankruptcy set off a chain reaction of hipsters moving to the countryside, convinced they could revolutionize agriculture with kale and artisanal cheese. Little did they know, the cows did not appreciate being called 'organic companions'.. Fact: Did you know that farming is just like a reality show? There’s always drama, unexpected twists, and a lot of manure to deal with!.
  • Headline: PENNSYLVANIA ROW STIRS ROOSEVELT; President Watches for Effect of Farley Proposal for a Split Ticket BRIDGES DENOUNCES PLEA He and Hamilton Recall C. I. O. Financial Aid to the National Campaign. Impact: Roosevelt's interest in the Farley Proposal led to a bizarre 'split ticket' fashion trend where politicians began wearing mismatched suits to symbolize their willingness to collaborate. This eventually evolved into a full-blown political cosplay event.. Fact: Did you know that political harmony is often confused with actual harmony? Just ask any politician trying to sing at a rally!.
  • Headline: CABINET SHIFT GIVES BRITAIN A NEW MAN TO RUSH AIR ARMING; Swinton, Under Attack by House of Commons, Quits and Wood, Skilled Organizer, Gets Post PEERS IN REGIME REDUCED MacDonald, Friend of Premier, Is Named Colonies Minister, Stirring Speculation on Reich Fewer Peers In Cabinet BRITISH SHIFT MADE TO RUSH AIR ARMING Swinton "Content" to Leave IN CABINET SHAKE-UP. Impact: The cabinet shift in Britain sparked a secret society of air marshals who believed they could outrun any enemy with just a good set of wings and a motivational speech. Spoiler: they were often mistaken for birds.. Fact: Did you know that cabinet reshuffles are the political equivalent of rearranging deck chairs on the Titanic? Looks good, but still sinking!.
  • Headline: ASKS BASIS TO RULE MILK AS A UTILITY; Poletti Proposes Constitutional Change Giving Legislature Power Over Farm Prices LIVELY OPPOSITION SEEN Consumers, at Hearing, Fight Plan for Marketing Pact on Milk for the City. Impact: Poletti's proposal to rule milk as a utility led to an underground movement of dairy farmers who formed a 'Milk Mafia', demanding higher prices with the threat of curdling every milkshake in the city. They were surprisingly effective.. Fact: Did you know that milk has been a controversial topic for centuries? Just ask the lactose-intolerant folks at any family reunion!.
  • Headline: GALLUP EXPLAINS 'OPINION SAMPLING'; Surveys by His Institute Get the Views of Well-Chosen Cross-Sections of Public NUMBERS NOT IMPORTANT But Representatives of Every Political, Economic and Age Group Are Questioned Director American Institute of Public Opinion Sampling Referendum" Used 600 Field Reporters Survey of NRA in 1936 No Claim to Infallibility. Impact: Gallup's opinion sampling method inadvertently caused a crisis of confidence among politicians, who started to believe they could predict public opinion with a magic eight ball. Surprisingly, it worked better than most of their policies.. Fact: Did you know that polls are just like horoscopes? They might tell you something interesting, but you still have to live your life!.
  • Headline: BILLBOARD UNION ACCUSED; Vandalism on Subway Posters Is Charged in Strike. Impact: The vandalism on subway posters led to an unexpected art movement known as 'Subway Surrealism', where strikers became celebrated artists, and their work was auctioned off for ridiculous prices. Who knew graffiti could pay the bills?. Fact: Did you know that vandalism is just misunderstood art? Or at least that’s what the artists tell the cops!.

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