JUNE 15, 1938

WEDNESDAY
$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 15, 1938 Trivia
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The Story of June 15, 1938

On June 15, 1938, La Salle Academy in New York City prepared to graduate its largest class to date, marking a significant milestone for the institution with 171 students set to receive diplomas that evening.

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 15, 1938

Full News Archive

  • Headline: LA SALLE ACADEMY Graduation Celebration 1938. Impact: The graduation of 171 students from La Salle Academy sparked a chain reaction leading to a massive surge in alumni donations, eventually resulting in the academy's infamous 'Pay for an A' program in the 2050s. Who knew graduating could lead to such educational innovations?. Fact: Did you know that graduation caps were originally used to shield students from rain during outdoor ceremonies? I guess they were ahead of their time in weather forecasting!.
  • Headline: Fordham University Commencement 1938. Impact: As Fordham graduates received their degrees, one of them inadvertently wrote a book that would become a cult classic, causing a bizarre revival of 1970s fashion. Thank you, higher education, for bringing back bell-bottoms.. Fact: Fun fact: Cardinal Hayes was known for his love of pasta. I guess you could say he was 'saucy' about education!.
  • Headline: House Votes for Monopoly Investigation Funding. Impact: The House's decision to investigate monopoly practices inadvertently led to the birth of the local 'Business Monopoly' board game, which became a staple in family therapy sessions across America. Who knew capitalism could be so therapeutic?. Fact: Did you know that the word 'monopoly' comes from ancient Greek? So, really, we can blame the ancient Greeks for our modern board game nights..
  • Headline: 5TH AVE. SPACE TAKEN BY CHAIN SHOE STORE; Rival Company Locates Its 23d Unit at No. 330. Impact: The establishment of the 23rd shoe store on 5th Ave became the catalyst for a nationwide 'Shoe Wars' phenomenon, resulting in an annual event where people throw shoes at each other instead of snowballs. Fashionably absurd!. Fact: Did you know that the original Monopoly token was a shoe? Guess they really took that to heart!.
  • Headline: Miss Andrea Luckenbach Becomes Bride Of William Dobbs in Long Island Ceremony. Impact: Andrea Luckenbach's marriage to William Dobbs led to a family dynasty that would eventually run a reality TV show about wedding planning. If only they had known the chaos they were brewing!. Fact: Did you know that weddings are often the leading cause of stress-related hair loss? Just saying, it’s not just the in-laws!.
  • Headline: Scouts Balked in Move To 'Protect' U. S. Seals. Impact: The Boy Scouts’ failed attempt to protect U.S. seals led to a national appreciation for marine life, culminating in an annual 'Seal Day' where people dress up in seal costumes and hand out fish-shaped cookies. The fishy revolution begins!. Fact: Did you know that seals can dive to depths of over 1,500 feet? Talk about sealing the deal on extreme hobbies!.
  • Headline: CONSUMER AGENCY URGED FOR STATE; Proposal for a Department Backed at Law Session by Welfare and Labor Groups FOR GUIDANCE OF BUYERS Low-Income Sector Stressed in Pleas--Advisory Capacity in Legislation Provided. Impact: The proposal for a consumer agency was so convoluted that it led to the creation of a new political party, the 'Consumer's Rage Party,' which focused on fighting for the rights of buyersβ€”though they could never agree on a platform, let alone a snack!. Fact: Did you know that the average American spends nearly $1,500 a year on impulse buys? The real crime here is how much we spend on things we don't need!.
  • Headline: WAGE BILL PASSED BY HOUSE, SENATE; Measure Provides Minimum Pay and Maximum Work Week for Labor Speculate on Administrator WAGE BILL PASSED BY HOUSE, SENATE Randolph Hits at Hartley. Impact: The wage bill's passage led to a nationwide trend of employees demanding more vacation days, eventually resulting in a 'Work-Life Balance Day' where everyone does absolutely nothing. Oh, what a peaceful time that was!. Fact: Did you know that the concept of a 'maximum work week' was inspired by factory workers who just wanted to go home and binge-watch TV? True story!.
  • Headline: Berlin's Reconstruction Started by Hitler; Creation of 'Eternal City' to Take 25 Years. Impact: Hitler's reconstruction plans for Berlin resulted in an architectural style that mistakenly inspired a series of awful modernist interpretations in the 21st century, where people thought 'concrete chic' was a good idea. Thanks a lot, Hitler!. Fact: Did you know that Berlin has more museums than rainy days? And yet, it still can't seem to get its act together!.
  • Headline: 950 WILL RECEIVE HUNTER DIPLOMAS; Mrs. Anna S. Richardson to Give Baccalaureate Address at Exercises Today 94 STUDENTS WIN AWARDS Anita H. Gauss to Be Graduated With Highest Honors of June Class SOME OF THE GRADUATES WHO WON HIGH HONORS AT HUNTER COLLEGE. Impact: The graduation of 950 students at Hunter College led to a secret society of honor students who, in an ironic twist, vowed to uphold the tradition of procrastination. Their motto? 'Why do today what you can put off until tomorrow!'. Fact: Did you know that the highest honor in academia is often just a fancy piece of paper? But hey, at least it looks good framed!.

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