AUGUST 3, 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 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 3, 1938 Trivia
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The Story of August 3, 1938

On August 3, 1938, the Nebraska newspaper man who won the prestigious Hitchcock Award was recognized for his exceptional contributions to journalism and would soon journey to Columbia University for further studies.

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 3, 1938

Full News Archive

  • Headline: Hitchcock Award Winner from Nebraska. Impact: This award led to an influx of aspiring journalists thinking they could replicate Hitchcock's suspenseful storytelling in their own dull articles, ultimately resulting in a viral trend of overly dramatic grocery lists.. Fact: The Hitchcock Award is named after Alfred Hitchcock, who was known for his suspenseful films. Ironically, journalism students often find their own careers more terrifying than any of his movies..
  • Headline: Elizabeth Kerbey's Wedding Celebration. Impact: The marriage of Elizabeth Kerbey and Garrett MacEwan sent shockwaves through the Washington social scene, leading to an unending cycle of 'who wore it best' debates among the elite that still echo in the halls of social media today.. Fact: Weddings often come with a lot of pressure. For Elizabeth, the pressure was to not trip down the aisle in front of a room full of judgmental relativesβ€”because nothing says 'happy marriage' like a faceplant..
  • Headline: RULES UNION FIGHT NOT 'LABOR DISPUTE'; Federal Court Holds Wagner Act Does Not Apply to Jurisdictional Clashess. Impact: This ruling created a precedent that allowed corporations to play a game of legal dodgeball with workers' rights, resulting in an ongoing struggle over labor laws that would take decades to untangle, like trying to find the end of a roll of tape.. Fact: In legal terms, 'jurisdictional clashes' sound like a fancy way of saying, 'we're all just arguing over who gets to be in charge of the snack table.'.
  • Headline: AIRCRAFT SALES ROSE 47% IN FIRST HALFF; Value of Planes, Engines and Parts Put at $73,031,806. Impact: The boom in aircraft sales triggered a massive increase in people attempting to impress dates with their knowledge of aviation, leading to an unfortunate trend of misguided airplane-themed proposals that often ended in confusion.. Fact: In 1930, selling planes was so lucrative that it was rumored that even pigeons were getting into the aircraft business. Talk about soaring to new heights!.
  • Headline: SHAKESPEARE SECRET TO BE SOUGHT IN TOMB; Grave of Edmund Spenser Is Believed to Hold Poem. Impact: The quest for Shakespeare's buried secrets led to a series of increasingly bizarre treasure hunts, with amateur sleuths mistakenly digging up graveyards across England, inadvertently causing a minor scandal in the local history community.. Fact: Edmund Spenser and Shakespeare were contemporaries, which means they could have been in the same coffee shops, arguing about who had the better sonnet without even knowing it..
  • Headline: ZUNGURU' OFFERED BY A DANCE GROUP; African Drama by Asadata Dafora Presented in the Davenport Theatree APPLAUSE GIVEN SOLOISTS Alma Sutton and Clementine Blount Appear--Abdul Assen Witch Doctor. Impact: This performance sparked a cultural renaissance that inspired countless poorly executed dance moves at high school proms for decades to comeβ€”because nothing says 'I appreciate your culture' like an awkward shimmy on the dance floor.. Fact: The term 'theatre' comes from the Greek word for 'place of seeing,' which is ironic because, after some performances, all you want to do is not see the dance moves ever again!.
  • Headline: Radio 'Static' Due to Hornets. Impact: The discovery of hornets in the radio led to a brief but intense hornet craze, with people trying to create their own 'buzzing' radio shows, resulting in an era of truly terrible amateur podcasts.. Fact: Hornets are known for their painful sting, but it turns out they’re also quite the critics. They refused to leave the radio until they got their own talk show..
  • Headline: TOLEDO NEWS BEE QUITS PUBLICATION; Scripps-Howard Leaves Afternoon Field There to Block Paper. Impact: The exit of the Toledo News Bee caused a ripple effect in journalism that made local news outlets realize they could just stop trying, leading to a golden age of cat videos and celebrity gossip instead.. Fact: The News Bee was once a buzzing hub of local journalism, but now its legacy lives on as a cautionary tale about how to quit while you're aheadβ€”unlike most sitcoms..
  • Headline: 2 CLAIMS CONFLICT; Tokyo Reports Victory in Manchukuo and Foes' Big Losses MOSCOW ASSERTS IT WON Russia Warns That 'Playing With Fire' in Local Clashes May Bring On War Heavy Fighting at Border Tokyo Report of Fight 6 SOVIET DIVISIONS HURLED AT BORDERR All Forces Are Ready Japanese Minimize Issue Moscow Charges Attack. Impact: This clash set the stage for future geopolitical tensions that would lead to alliances and wars, proving once again that when countries argue over borders, everyone else just wants to grab popcorn and watch the chaos unfold.. Fact: Conflicting claims in international relations are about as common as traffic jamsβ€”everyone wants to be right, but no one really knows how to get there without a fight..

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