AUGUST 16, 1938

TUESDAY
$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 August 16, 1938
1 Four Daughters
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Four Daughters
2 The Adventures of Robin Hood
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The Adventures of Robin Hood
3 Alexander's Ragtime Band
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Alexander's Ragtime Band
4 Love Finds Andy Hardy
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Love Finds Andy Hardy
5 The Amazing Dr. Clitterhouse
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The Amazing Dr. Clitterhouse
6 Having Wonderful Time
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Having Wonderful Time
7 The Shopworn Angel
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The Shopworn Angel
8 The Young in Heart
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The Young in Heart
9 A Yank at Oxford
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A Yank at Oxford
10 The Adventures of Marco Polo
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The Adventures of Marco Polo
Bringing Up Baby
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Bringing Up Baby
Bluebeard's Eighth Wife
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Bluebeard's Eighth Wife
Jezebel
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Jezebel
Test Pilot
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Test Pilot
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
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
True Confession
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True Confession
Madame X
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Madame X
August 16, 1938 Trivia
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The Story of August 16, 1938

On August 16, 1938, the Rumson Four polo team emerged victorious in the first round of the prestigious 10-goal polo tournament, defeating the Ramblers with a score of 9-3.

🧠 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 August 16, 1938

Full News Archive

  • Headline: Rumson Four Triumphs in Polo Tourney. Impact: The victory of Rumson Four sparked a secret society of polo enthusiasts who believed their sport could influence global diplomacy. This led to the creation of a covert 'Polo Peace Summit' that, despite its best intentions, ended in a duel over who gets to wear the fanciest hat.. Fact: Did you know polo is the only sport where a horse can have a better social life than its owner? Just don’t ask the horses about their political opinions!.
  • Headline: William R. Clay: Kentucky Jurist Legacy. Impact: William R. Clay's long tenure as a jurist inadvertently inspired a series of courtroom dramas that ironically led to more people watching fictional lawyers than actual courtroom proceedings. This culminated in a reality show where lawyers compete to win cases using only their charm and dramatic pauses.. Fact: Fun fact: before becoming a judge, Clay probably had to endure more legal jargon than most people hear in a lifetime. Talk about a law degree being a 'real' degree!.
  • Headline: TVA Inquiry Delayed by Democrats. Impact: The clash over the TVA testimony led to an unexpected rise in conspiracy theories surrounding the utility industry. People believed that if they could just listen to the right 'experts', they might unveil the secret to unlimited free electricity. Spoiler: They did not.. Fact: Ever notice how utility companies are like those friends who borrow money and never pay you back? They keep promising you'll see a return on your investment... but you never do!.
  • Headline: ASKS UNITED PLAN OF JOB INSURANCE; Harvard Report Advocates a National Reserve Pool, OneTax Rate for All Industries STATE SYSTEM CRITICIZED Prof. Horwitz Cites Variance Over Country in Idleness Risk and Business Cycle Effect. Impact: The push for a national job insurance plan triggered a wave of innovative job titles, including 'Professional Napper' and 'Chief Snack Officer'. This led to an entire generation believing that sitting on the couch could be a sustainable career.. Fact: Here’s a fun one: 'Job insurance' is just a fancy way of saying, 'Please don’t fire me, I have a really cool cat at home that depends on me!'.
  • Headline: FIVE FIREMEN INJURED; Blaze Damages Several Shops in Sunnyside, Queens. Impact: The injuries sustained by the firemen during the blaze led to a nationwide push for better firefighting equipment, inadvertently inspiring the creation of more superhero movies where they don capes instead of helmets. Firefighters became the unsung heroes of Hollywood.. Fact: Respect to the firemenβ€”fighting fires is the only job where you get to wear a uniform that doubles as a 'please don’t hurt me' sign!.
  • Headline: 9 IN BRAZILIAN PLANE DIE IN RIO BAY CRASH; Crowds See Aircraft Plunge Into Sea, Killing All Aboard. Impact: The tragic plane crash in Rio Bay led to increased scrutiny of aircraft safety protocols, which ironically ended up delaying the introduction of flying cars by several decades. Thanks a lot, bureaucracy!. Fact: Did you know that plane crashes, while tragic, often lead to more regulations than actual improvements? It's like they say: 'Better safe than sorry'β€”unless you’re the one stuck in traffic!.
  • Headline: In The Nation; Single Issue Against O'Connor Tweedledee and Tweedledum Inconsistencies of Speech and Act in "Purge". Impact: The critique of O'Connor’s inconsistencies in speeches led to future politicians hiring speechwriters who became more famous than the politicians themselves. The phrase 'scripted authenticity' was born, which is like saying 'genuine imitation'.. Fact: Isn't it charming how politicians can say one thing and do another? It's practically an art formβ€”if only they'd add a little interpretive dance to their speeches!.
  • Headline: FREDERICK A. ROBERTSON; New Haven Lawyer, 61, Former Baseball Player at Yale. Impact: Frederick A. Robertson's legacy as both a lawyer and former baseball player inspired future lawyers to take up sports, leading to the first-ever 'Lawyers' League' where cases are settled with home runs instead of arguments. Who knew litigation could be so athletic?. Fact: Fun fact: lawyers are like baseball playersβ€”both have to dodge a lot of pitches, but only one gets to wear a glove while doing it!.
  • Headline: JERSEY USES MORE LIQUOR; Sales Last Month 160,000 GalIons Above Year Ago. Impact: The spike in liquor sales in New Jersey led to an unexpected renaissance of cocktail culture, ultimately resulting in the creation of the 'Jersey Shore' drink which nobody really wants to try but everyone pretends to love.. Fact: Did you know that New Jersey ranks high on the list of states that drink the most? Apparently, it’s hard to cope with traffic when you can’t find a decent route to happiness!.

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