MAY 28, 1938

SATURDAY
$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 28, 1938
1 The Adventures of Robin Hood
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The Adventures of Robin Hood
2 Alexander's Ragtime Band
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Alexander's Ragtime Band
3 Holiday
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Holiday
4 Vivacious Lady
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Vivacious Lady
5 True Confession
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True Confession
6 Test Pilot
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Test Pilot
7 Jezebel
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Jezebel
8 Bringing Up Baby
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Bringing Up Baby
9 The Buccaneer
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The Buccaneer
10 A Yank at Oxford
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A Yank at Oxford
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
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 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
Snow White and the Seven Dwarfs
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Snow White and the Seven Dwarfs
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 28, 1938 Trivia
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The Story of May 28, 1938

On May 28, 1938, a significant proposal emerged from the economic landscape as Barton suggested a moratorium on discussions that might promote recovery in the gas appliance industry.

🧠 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 28, 1938

Full News Archive

  • Headline: Barton Proposes Moratorium on Gas Range Talks. Impact: Barton’s moratorium on talk set off a chain reaction that led to the invention of the 'silent gas range,' which, ironically, had everyone talking about how quiet it wasβ€”resulting in the first ever 'whisper cooking' trend.. Fact: Did you know that gas ranges have been known to spark arguments about dinner? Just imagine if they could talk back!.
  • Headline: Beauharnois Power's Ontario Contract Approved. Impact: The reorganization of the bank led to a mysterious increase in people suddenly feeling like financial experts, resulting in a rise of unsolicited advice at family gatherings that still haunts holidays to this day.. Fact: Fun fact: Bank reorganizations are like family dinnersβ€”everyone has an opinion, and someone always leaves upset..
  • Headline: Ellen Dwight Reid's Engagement Announcement. Impact: Ellen Dwight Reid's engagement inspired a flurry of matchmaking services, eventually causing a national obsession with engagement announcements, leading to the modern social media explosion of wedding hashtags.. Fact: Did you know that before social media, people actually had to wait for the newspaper to find out who was getting married? How quaint!.
  • Headline: DORIS LINDEMAN BRIDE OF AUTHOR; High Bridge, N. J., Girl Is Wed to Robert Gessner in Study of Dr. Stephen S. Wise Davie-West. Impact: Doris Lindeman's marriage to Robert Gessner triggered a wave of literary-themed weddings, causing couples everywhere to name their children after obscure authors. Thank you, Doris, for the rise of pretentious baby names!. Fact: Did you know that wedding announcements used to be the only way to publicly embarrass someone? Now we have social media for that!.
  • Headline: WITHOUT BENEFIT OF SIGNATURE. Impact: The incident of 'without benefit of signature' became the basis for future politicians turning in blank checksβ€”leading to the eventual creation of the 'trust fund kid' trope in pop culture.. Fact: Fun fact: Politicians have been dodging responsibility longer than many of us have been alive. Who knew it could be done without a signature?.
  • Headline: Europe; Chamberlain Now Becomes Prime Minister of Peace Firm Against War The Galloping Tempo. Impact: Chamberlain's rise to Prime Minister is viewed as the moment when everyone decided that appeasement was a great strategy, setting the stage for future β€˜peace talks’ that ended with everyone still arguing over snacks.. Fact: Did you know that 'Prime Minister of Peace' is just a fancy title for 'I’ll get back to you after I finish this sandwich'?.
  • Headline: LIEUT. E. S. NICHOLS MARRIES IN SOUTH; Madeline Heckenbleickner Is His Bride at Charlotte, N. C.. Impact: Lieut. E. S. Nichols' marriage made military weddings a trend, leading to the rise of 'camo-themed' weddings and the awkward moment when guests realize they can't find the bride and groom in the photos.. Fact: Did you know that military weddings are the only events where 'dressing down' actually means wearing camouflage?.
  • Headline: SEEKS TO OUST LANDIS; Rickey Reported Making Move Against Reappointment. Impact: The attempt to oust Landis led to a series of political games that would inspire future reality TV shows, where everyone argued about who deserved to be 'reappointed' to the couch.. Fact: Fun fact: Political drama has been a spectator sport long before reality TV made it glamorousβ€”who needs a script when you have real-life shenanigans?.
  • Headline: PRESTON W. OREM, COMPOSER, CRITIC; Philadelphian Dies as He Leads School Orchestra in His Latest Composition DIRECTED CHORAL SOCIETY Also Editor for the Theodore Presser Firm-Author of Book on Harmony. Impact: Preston W. Orem's death while conducting an orchestra sparked a debate about whether the universe prefers composers to go out with a 'bang' or a 'crescendo,' leading to a generation of musicians afraid of conducting.. Fact: Did you know that conducting can be a dangerous job? It's all fun and games until someone gets carried away with the tempo!.
  • Headline: MARKETS AND WAR SCARES. Impact: The war scare affecting markets caused a global trend of panic buying that led to the invention of stress-eating. Thanks to those wars, snacks became a staple in the modern diet!. Fact: Did you know 'war scares' and 'market fluctuations' are just fancy terms for 'let's buy more snacks just in case'?.

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