AUGUST 1, 1938

MONDAY
$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 Amazing Dr. Clitterhouse
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The Amazing Dr. Clitterhouse
Having Wonderful Time
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Having Wonderful Time
The Shopworn Angel
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The Shopworn Angel
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
The Young in Heart
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The Young in Heart
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
August 1, 1938 Trivia
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The Story of August 1, 1938

On August 1, 1938, a significant event unfolded in the realm of religion and community support as a Salt Lake City bishop publicly sought aid from New York, reminded by the previous assistance extended to the Catholic Church during hardships.

Inventions & Breakthroughs of August 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 August 1, 1938

Full News Archive

  • Headline: Salt Lake Bishop Appeals for New York Support. Impact: This humble request for aid spiraled into a nationwide trend of bishops sending out emotional pleas, leading to the birth of the modern-day crowdfunding campaign. Who knew a bishop's hat could also double as a fundraiser?. Fact: Did you know that bishops have been asking for help since the days of Noah? Apparently, it’s the original 'please send money' letter, just with fewer typos..
  • Headline: Iowa's Showdown: Governor vs. NLRB. Impact: This bold move by Governor Kraschel set off a chain reaction leading to the creation of countless 'battle of the states' reality TV shows where governors compete for the title of 'Most Dramatic Power Play'.. Fact: Did you know that this ban was basically the political equivalent of saying 'I don’t want to play with you'? The NLRB probably just wanted to play Monopoly, but Iowa said 'no thanks'..
  • Headline: LOIS LONG MARRIED; Writer becomes the Bride of Donaldson B. Thorburn. Impact: This union led to the historic trend of writers marrying rich people to fund their artistic endeavors, resulting in the invention of the term 'sugar daddy'β€”an essential part of modern romance.. Fact: Did you know that Lois Long’s wedding probably inspired countless rom-coms where the writer marries the perfect guy, only to realize he’s just a plot device?.
  • Headline: 7 Are Seized in Gambling Raid In Wealthy Long Island Colony; 50 Men and Women Patrons in Evening Dress Are Found in Lakeville Manor Section--Chips of $1,000 Denomination Taken SEVEN ARE SEIZED IN A GAMBLING RAID Intricate Alarm System. Impact: This raid not only disrupted the glamorous lives of the elite but also sparked the creation of underground poker leagues that continue to thrive in basements and backrooms worldwide, proving that you can't keep a good game down.. Fact: Did you know that the chips involved were worth more than the average car? Talk about high stakesβ€”who knew Monopoly could be so lavish?.
  • Headline: BRITISH RETAIL SALES GAIN; Total in May and June Up 1.1% From Year Before. Impact: This minor uptick in retail sales caused a nationwide celebration that eventually led to the invention of the British 'Retail Gains Day', where everyone just buys another teapot because, why not?. Fact: Did you know that a 1.1% increase in retail sales is basically British for 'we’re still not quite broke'? They must be saving up for more scones..
  • Headline: Army, Seeks 450 Recruits. Impact: This recruitment drive led to an unexpected surge in 'Army Dad' memes and the rise of military-themed reality shows, proving that people love watching others get yelled at in uniform.. Fact: Did you know that the Army’s idea of recruiting is basically just a really intense version of a college pep rally? Free snacks included, if you make it through boot camp..
  • Headline: Santa Barbara Women Win. Impact: This victory sparked a trend of women’s sports teams winning, which inevitably led to the rise of 'Girl Power' and a hundred different slogans that, ironically, mostly men still wear on t-shirts.. Fact: Did you know that Santa Barbara women winning was the original 'girl boss' moment? Spoiler alert: they didn’t need a boss to win..
  • Headline: Barnes Vanquishes Perry. Impact: This epic showdown became legendary, leading to an annual tennis match that people now refer to as 'The Clash of the Titans'β€”only with more sweat and less actual titans.. Fact: Did you know that Barnes’s victory was so dramatic it inspired a whole new genre of sports commentary? Just imagine the play-by-play: 'And he swings, he scores, and Perry can only look on in despair!'.
  • Headline: CAPITALISTS FOUND INACTIVE IN FRANCE; Signs of Recovery in Country Are Held Insufficient to Induce Reinvestment ONLY TEXTILES IMPROVED Change Soon Is Not Expected Because of Shut-Downs for Employes' Vacations. Impact: This inactivity became the catalyst for a million memes about French productivity levels, thus solidifying the stereotype that the French prefer leisurely strolls over economic engagement.. Fact: Did you know that the only thing moving faster than the French economy at this time was a leisurely baguette? Slow and steady may win the race, but it sure doesn’t win the bank!.

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