MAY 21, 1938

SATURDAY
$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 21, 1938 Trivia
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The Story of May 21, 1938

On May 21, 1938, L.

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 21, 1938

Full News Archive

  • Headline: L.S. Bell Becomes Banking Leader in 1938. Impact: L. S. Bell's skepticism about the future of banking led to a chain reaction of bank mergers and the eventual formation of the 'Bankers' Therapy Group' in the 1950s, where bankers exchanged their doubts over tea and crumpets, inadvertently paving the way for modern banking practices.. Fact: Did you know that feeling dubious is the preferred state of mind for bankers? It's like a cozy sweater for their souls!.
  • Headline: CCC's Impact on Nature Debated. Impact: Professor Fernald's warnings about the CCC's impact on nature led to the rise of extreme eco-activism in the 1960s. Ironically, his plea for 'Individual Isolation' quickly became a hipster trend in urban cities where people started isolating themselves in their own nature-themed coffee shops.. Fact: Fun fact: Individual Isolation is now a popular wellness retreat strategy. Thanks, Prof. Fernald!.
  • Headline: Ailsa Craig Engaged to B.F.C. Floud. Impact: The engagement of Ailsa Craig to B. F. C. Floud sparked a series of matchmaking events in the 1940s, leading to a short-lived reality show called 'Love Across Borders,' which was canceled after one episode due to a lack of drama.. Fact: Did you know that B. F. C. Floud's name sounds like a sneeze? Bless you, Canada!.
  • Headline: REGINA REINTHAL'S TROTH; Cleveland Girl Will Be Wed to Dr. Stephen I. Rosenthal. Impact: Regina Reinthal’s engagement to Dr. Stephen I. Rosenthal led to a surge in marriage proposals involving hyphenated last names, forever changing the landscape of paperwork and monogrammed towels.. Fact: Fun fact: Hyphenated names are the ultimate test of loveβ€”or a long-winded way to confuse future generations..
  • Headline: CHARLES F. KOENIG; Star Pitcher of 50 Years Ago Dies in St. Louis at 70. Impact: Charles F. Koenig's passing led to a nostalgic revival of baseball in the 1970s, where kids played in the streets, unaware that they were just reenacting the glory days of their great-grandparentsβ€”until they got hit by a car, of course.. Fact: Did you know that star pitchers are often revered as demigods in the world of sports? Koenig must have had quite the fan club!.
  • Headline: Raps Labeling of Wool Only. Impact: The National Federation of Textiles' complaint about wool labeling sparked a nationwide debate on fabric transparency, leading to the invention of 'Fabric Vision' glasses in the 1980s, which allowed consumers to see the true nature of their clothingβ€”just kidding, that never happened.. Fact: Did you know that wool is basically sheep's way of trying to keep warm? Just like your grandma's knitted sweaters!.
  • Headline: REICH ARMY MOVES STIR BRITISH FEARS OF PERIL TO PRAGUE; London Anxious Despite Berlin Denials-German Steps Are Seen as Threatening PARIS AND ROME CLOSER Resumption of Talks Is Held Likely With Spain Left to Non-Intervention Group Britain Fears a German Coup REICH ARMY MOVES STIR BRITISH FEARS Spanish Approval Needed Vienna Hears of Troop Moves. Impact: The Reich Army's maneuvers created ripples that inspired the world to adopt a 'non-intervention' approach, leading to a long history of neglecting international crisesβ€”because who doesn't love a good game of geopolitical chicken?. Fact: Did you know that British unease is a historical constant? It's basically the tea that fuels their empire!.
  • Headline: STORE SALES DOWN 16% FROM YEAR AGO; 4-Week Decline 14%, Reports From 265 Units to Federal Reserve Board Show. TRADE IN N. Y. OFF 12.3% Volume for 4 Areas Here Dips 11.8%-Rochester Makes the Best Showing Sales Dip Here Extended. Impact: The 16% drop in store sales was the start of the 'Retail Apocalypse' and set off a chain reaction resulting in the rise of online shoppingβ€”because who needs human interactions when you can buy socks at 2 AM?. Fact: Did you know that shopping carts were invented to make grocery shopping even more cumbersome? Thanks for that, capitalism!.
  • Headline: OFFICERS' CLUB FORMED; Foreign Army and Navy Men and Diplomats. Eligible. Impact: The formation of the Officers' Club among foreign army and navy men set a precedent for future military social gatherings, leading to the formation of 'The Global Alliance of Awkward Small Talkers'β€”because nothing bonds people like shared discomfort.. Fact: Did you know that military officers have been known to enjoy a good cocktail? It's their way of coping with all the 'serious business'!.
  • Headline: STATE BANKING CO. ENDED; Order for Dissolving Local Concern Filed in Albany. Impact: The dissolution of the State Banking Co. in Albany was a major catalyst for the rise of underground banking operationsβ€”because when one door closes, a sketchy window tends to open.. Fact: Did you know that dissolving a bank is just like a relationship breakup? It often involves a lot of paperwork and someone crying over lost savings!.

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