JUNE 2, 1938

THURSDAY
$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 June 2, 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 Three Comrades
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Three Comrades
4 Holiday
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Holiday
5 Vivacious Lady
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Vivacious Lady
6 True Confession
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True Confession
7 Test Pilot
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Test Pilot
8 Jezebel
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Jezebel
9 Bringing Up Baby
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Bringing Up Baby
10 The Buccaneer
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The Buccaneer
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
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
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
June 2, 1938 Trivia
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The Story of June 2, 1938

On June 2, 1938, a significant measure in environmental protection came into effect as several states enacted a ban on the ownership of parrots, marking a pivotal moment in wildlife conservation policy.

🧠 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 June 2, 1938

Full News Archive

  • Headline: New York State Parrot Ban Enforced. Impact: The State Parrot Ban led to the rise of underground parrot smuggling rings, giving birth to a new generation of rebellious bird enthusiasts. Who knew that feathers could stir such havoc?. Fact: Parrots are known for their ability to mimic human speech. Imagine if they could also mimic your bad decisionsβ€”now that's a party trick!.
  • Headline: British Name Bridges as Privy Council Clerk. Impact: The appointment of the son of a late poet laureate to the Cabinet set off a series of events where poetry began infiltrating politics, leading to the infamous 'Haiku Bills' of the 1950s. Because why not make legislation more confusing?. Fact: The only thing more convoluted than modern poetry is modern politics. Just ask any poet who tried to get a job in D.C..
  • Headline: Municipal Bonds Sold in 1938 Auction. Impact: The municipal bond offerings created a frenzy in the banking world that eventually led to the invention of the 'money tree.' Spoiler alert: it didn’t actually grow money, but it did inspire a lot of bad investment advice.. Fact: Joplin, Missouri, is known for its rich musical history. So, while the bankers were crunching numbers, the musicians were busy dreaming up the next big hit!.
  • Headline: TRUST FILES NEW ISSUE; Keystone Custodian Funds to Sell 2,067,479 Certificates. Impact: The issuance of new trust fund certificates inadvertently led to an entire generation of financial advisors who could impress you with their jargon but had no idea how to balance a checkbook.. Fact: In the world of finance, a 'certificate' sounds fancy, but it’s really just a glorified piece of paper. Kind of like your diploma!.
  • Headline: HIGHER LIVING PLANE IS URGED FOR SOUTH; Hopkins's Address Is Read at University of South Carolina. Impact: The call for a higher living standard in the South sparked a trend of Southern universities competing to be the most lavish, eventually leading to the creation of β€˜Southern Comfort Degrees’—because nothing says education like a cocktail!. Fact: Southern hospitality is a real thing, which means you might get a warm welcome, but don’t expect them to share their sweet tea recipe..
  • Headline: FAITH IN U. S. IDEAL URGED ON ALUMNI; 3 University Presidents and Senator O'Mahoney Join in Appeal at Columbia FREEDOM HELD BULWARK Dr. Butler, Seymour of Yale, Sproul of California Give Views at Luncheon. Impact: The alumni appeal for faith in U.S. ideals inadvertently inspired a nationwide campaign for ironic bumper stickers, leading to a surge in snarky slogans that resonate with both cynics and idealists alike.. Fact: The only thing that spreads faster than alumni newsletters is the gossip about who showed up at the reunion. Spoiler: it's never the one you want to see..
  • Headline: KILLS BILL AIMED AT JAPAN; Canadian ParliamentVotes Down Second Attempt at Exclusion. Impact: The Canadian Parliament's decision to kill the bill aimed at excluding Japanese immigrants turned into a pivotal moment for cultural exchange. Little did they know that sushi would soon dominate menus across North America.. Fact: Canada is known for its politeness, but they sure know how to throw a good partyβ€”especially if there's sushi involved!.
  • Headline: MGR. BELFORD HONORED; Dinner Commemorates His Golden Jubilee as Priest. Impact: Mgr. Belford’s golden jubilee as a priest sparked a series of lavish celebrations across the country, leading to an increase in cake consumption that researchers are still trying to quantify.. Fact: Golden jubilee celebrations often feature cake, which is great, because nothing says 'sacred service' like a sugar rush!.
  • Headline: PROF. WEBER SPEAKS TO F. & M. GRADUATES; 139 Men Receive Degrees at Final Exercises. Impact: Professor Weber's commencement speech inadvertently ignited a trend of increasingly elaborate graduation ceremonies, culminating in the infamous 'Parade of Caps' that led to a nationwide shortage of mortarboards.. Fact: Graduation caps were originally designed to keep the scholars' brains from flying away. No one told them it wouldn't work for their job prospects..
  • Headline: SAYRE MAKES PLEA FOR CHRISTIAN WAY; He Tells Bryn Mawr Graduates It Offers 'Only Direction' for 'Permanent. Solutions' BRONXVILLE GIRL HONORED European Fellowship Awarded to Miss Dewilda Naramore--$97,000 Gifts Reported. Impact: Sayre's plea for a Christian way during graduation ceremonies led to a spike in students converting to different faiths just to spice up their college experience. Nothing like a little existential crisis to cap off four years!. Fact: Bryn Mawr is all about women’s education, which means their alumni are likely to become powerful leadersβ€”just as long as they don’t trip over their robes on the way to the podium!.

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