JUNE 7, 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
Three Comrades
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Three Comrades
Holiday
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Holiday
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
June 7, 1938 Trivia
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The Story of June 7, 1938

On June 7, 1938, Carnegie Hall marked its 50th anniversary with a grand celebration featuring notable artists.

Inventions & Breakthroughs of June 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 June 7, 1938

Full News Archive

  • Headline: Artists Gather at Carnegie Hall. Impact: This event likely sparked a chain reaction of artists thinking they could actually make a living and possibly led to the invention of overpriced tickets and an endless supply of pretentious intermissions.. Fact: Carnegie Hall is known for its acoustics, but it's also known for its ability to make even the most talented musicians sound like they're auditioning for a high school talent show..
  • Headline: Elihu Root's Stand for Rights Praised. Impact: Elihu Root's principles may have inspired future generations to fight for their rights, perhaps even leading to the invention of social media where everyone can voice their opinionsβ€”because nothing says 'liberty' like Twitter arguments.. Fact: Elihu Root was so committed to rights that he probably would have campaigned for the rights of inanimate objects if given the chance. 'Give that chair a vote!'.
  • Headline: BOND CLUB PAPER FRIDAY; Bawl Street Journal Will Appear on Day of Outing. Impact: The Bawl Street Journal became the first publication to give financial advice while simultaneously sobbing openly, leading to a new genre of 'crying finance' that swept through Wall Street.. Fact: The Bawl Street Journal was famous for its emotional stock tipsβ€”'Invest in tissues, folks, because the market is about to make you weep!'.
  • Headline: Fordham Widens Teachers Aid. Impact: As Fordham widened its aid, it may have inadvertently led to a teacher shortage as everyone suddenly decided to pursue a career in education just to get a piece of that sweet, sweet funding.. Fact: Fordham's idea of 'widening aid' could have also been interpreted as simply giving teachers wider desks in hopes of accommodating all their dreams..
  • Headline: STADIUM EXERCISES END THE DUKE YEAR; Fifteen Different Degrees Are Awarded to the 833 Graduates FELIX MORLEY SPEAKER Ellen Clasgow and Dr. Peale of This City Are Among Those Honored. Impact: The graduation ceremony probably led to a ripple of optimism that encouraged graduates to think they could indeed change the world, which in turn led to a world filled with motivational quotes on social media. Thanks, Duke!. Fact: Felix Morley once said that graduation is just a fancy term for 'now you can pay off your student loans while working at Starbucks.'.
  • Headline: Bolt Kills 20 in Philippines. Impact: A tragic reminder of nature's power, this event likely engendered a wave of discussions about safety measures, and who knows how many policies were written in responseβ€”possibly even the invention of indoor lightning rods.. Fact: Lightning is actually more likely to strike tall structures, which is why they say the best place to be during a storm is... well, not outside..
  • Headline: CITY COLLEGE TESTS SET; 21,000 Students to Start Final Examinations Thursday. Impact: The sheer number of students facing exams likely created an energy wave that could be measured in caffeine consumption, ultimately leading to the rise of coffee shops near campuses everywhere.. Fact: They say that finals week is when students realize they can survive on nothing but caffeine, panic, and questionable snack choices..
  • Headline: Italian Held in France. Impact: The arrest of one Italian could have set off a chain of events that led to an international debate on pasta regulations, ultimately creating a world where spaghetti is classified as a weapon of mass deliciousness.. Fact: In Italy, they say that pasta is a serious matter, so this poor fellow was probably just in the wrong place at the wrong timeβ€”like showing up to a pizza party with a calzone..

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