JUNE 27, 1938

MONDAY
$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 27, 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 27, 1938 Trivia
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The Story of June 27, 1938

On June 27, 1938, significant changes in banking regulations were announced as the Treasury, Reserve Board, Federal Deposit Insurance Corporation (FDIC), and the Controller of the Currency collaborated to ease rules governing banks' ability to extend credit.

🧠 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 27, 1938

Full News Archive

  • Headline: Easing Banking Rules in 1938. Impact: This easing of bank rules was like giving a toddler a sugar rush. Suddenly, banks were throwing loans around like confetti, leading to a series of economic ups and downs that would leave economists scratching their heads and blaming each other for decades.. Fact: Did you know that these relaxed rules ultimately contributed to the 2008 financial crisis? It's like giving a kid a shiny new toy and then being surprised when it breaksβ€”even after a million warnings!.
  • Headline: Vital Decision for Church Leadership. Impact: The church's decision to either compromise or fight set off a chain of debates that echoed through pews for years. It gave rise to countless sermons, debates, and, of course, the inevitable church potluck where nobody could agree on whether to serve meatloaf or tuna casserole.. Fact: Fun fact: It's scientifically proven that any church meeting that includes a discussion on compromise also includes at least one person who believes that gluten-free bread is the devil's work..
  • Headline: Truant Officer's Sudden Death Shocks Community. Impact: The sudden death of a truant officer brought about a series of school policy changes, leading to stricter attendance rules. Ironically, it resulted in a generation of kids perfecting the art of faking sickβ€”something that remains a rite of passage to this day.. Fact: Did you know that the only thing scarier than a truant officer is the thought of being caught skipping class? Talk about motivation!.
  • Headline: STORM HALTS PLANE CARRYING FIRST LADY; Craft Lands as She Is Returning From Arthurdale, W. Va.. Impact: The storm that halted the First Lady's plane would go on to inspire countless memes about the unpredictability of travel. It also reinforced the idea that no matter how high you fly, Mother Nature can always throw a tantrum.. Fact: Did you know that this incident prompted the First Lady to suggest a new policy for travel: 'If it looks stormy, just take a car'? Sadly, it didn’t catch on..
  • Headline: CELEBRATES FIRST MASS; Rev. W. M. O'Bierne Was Ordained in Capital on June 16. Impact: The celebration of Rev. W. M. O'Bierne's first mass was the kind of event that sparked not only religious gatherings but also a slew of 'firsts' in the community, like the first potluck where the casserole was mysteriously missing a key ingredient.. Fact: Did you know that the first mass is often said to be the most nerve-wracking? It’s like a debutante ball, but with less glitter and more incense..
  • Headline: MAURICE J. CURRAN; Boston Banker Also Executive of Gillette Safety Razor Co.. Impact: Maurice J. Curran's dual role as a banker and safety razor executive led to a bizarre intersection of finance and grooming standards, leading many aspiring bankers to sport the sharpest hairstyles (and facial hair) to impress their clients.. Fact: Did you know that the safety razor was considered a revolutionary invention? Right up until someone realized that shaving was still a risky business, especially if you were half-asleep in the morning..
  • Headline: 8-DAY HEAT WAVE BROKEN BY STORMS,; Mercury Drops 20 Degrees in Few Hours From High of 81--Throngs Are Drenched BOLT HITS POLE AT SCHOOL Two Drown in Long Island Waters-Lifeguards Rescue Many in Heavy Surf Many Caught in Showers Family Escapes Drowning Police Save Man From Mud. Impact: The heat wave broken by storms not only provided relief but also sparked a fashion revolution in swimwear. People suddenly realized that wet clothes can double as a fashion statement, or a desperate cry for help.. Fact: Did you know that storms are just nature's way of reminding us that it can ruin your outdoor plans at any moment? Thanks, Mother Nature!.
  • Headline: DR. SAMUEL GITTELSON OF PHILADELPHIA, 68; Eye Clinic Chief for 30 Years at Mount Sinai Hospital. Impact: Dr. Samuel Gittelson’s long tenure at the eye clinic led to a legacy of clear visionβ€”or at least a lot of 'I see what you did there' remarks among his colleagues. His work paved the way for better eye care, saving countless people from squinting at menus.. Fact: Fun fact: If you think eye doctors have a tough job, try explaining to them that your glasses are just for reading the menu at a restaurant!.
  • Headline: URGES NEW CITY LAW TO END FIRE HAZARDS; Spellman Seeks Restoration of Omitted Section. Impact: The push for a new city law to end fire hazards was like a wake-up call for city officials. It not only saved lives but also sparked a series of bureaucratic meetings where everyone pretended to care about fire safety until the next big scandal came along.. Fact: Did you know that the best way to ensure fire safety is to avoid having meetings about it? Because nothing gets done faster than when the fire code is just a suggestion!.
  • Headline: ASSEMBLIES ARE BANNED; Meeting of Over Five Persons Prohibited in Guiana. Impact: Banning assemblies over five people was like giving a toddler a timeoutβ€”effective in theory but guaranteed to lead to more rebellious behavior and secret gatherings in basements across Guiana.. Fact: Did you know that trying to control human gatherings is about as effective as trying to herd cats? Good luck with that!.

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