AUGUST 28, 1938

SUNDAY
$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 28, 1938
1 Four Daughters
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Four Daughters
2 Marie Antoinette
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Marie Antoinette
3 Block-Heads
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Block-Heads
4 The Adventures of Robin Hood
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The Adventures of Robin Hood
5 Alexander's Ragtime Band
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Alexander's Ragtime Band
6 Love Finds Andy Hardy
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Love Finds Andy Hardy
7 The Amazing Dr. Clitterhouse
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The Amazing Dr. Clitterhouse
8 Having Wonderful Time
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Having Wonderful Time
9 The Shopworn Angel
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The Shopworn Angel
10 The Young in Heart
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The Young in Heart
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
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
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
True Confession
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True Confession
Madame X
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Madame X
August 28, 1938 Trivia
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The Story of August 28, 1938

On August 28, 1938, significant discussions took place in Washington as loan bank officials convened to address pressing economic issues.

🧠 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

HEADLINES ON August 28, 1938

Full News Archive

  • Headline: Loan Bank Conference in Washington D.C.. Impact: If those loan bank officials had just decided to meet at a coffee shop instead of Washington, we might have seen a rise in barista-led economic policies. Just imagine a latte-fueled financial system!. Fact: In the 1930s, you could get a home loan with a handshake and a promise. Now, good luck getting a mortgage without selling your soul!.
  • Headline: Jamaica Man Convicted in Race Fixing Scandal. Impact: This race-fixing scandal sent shockwaves through the betting community. The ripple effect? A sudden increase in underground racing, leading to the invention of the 'secretive squirrel' betting club.. Fact: Race fixing has been around since the Romans, proving that when it comes to unethical gambling, humans are nothing if not consistent!.
  • Headline: Wallace Advocates for Global Farm Pact. Impact: Wallace's proposals led to an unexpected boom in global agriculture. Who knew that a bunch of experts could set off a worldwide obsession with organic kale?. Fact: The term 'world farm pact' sounds like it could either save the planet or make it a giant farmers' market. Spoiler: It was more like the latter!.
  • Headline: NEWS FROM EUROPE BUOYS THE DOLLAR; $10,250,000 Gold Engaged in England for Shipment Here. Impact: The dollar's buoyancy after this gold shipment might have led to a gold rush of investment in ridiculously overpriced avocado toast. Who knew avocados would become the new gold?. Fact: Gold was once used as currency, but now it just sits in vaults while people pay $10 for a slice of toast topped with it!.
  • Headline: At Mt. Vernon. Impact: This shipment to Mt. Vernon might have unintentionally set off a trend of historical reenactments gone terribly wrong, with people fighting over who gets to dress like George Washington.. Fact: Mt. Vernon is basically the original tourist trapβ€”just substitute the overpriced souvenirs with wooden teeth and powdered wigs!.
  • Headline: BRONX BOARD SEEKS SIGN LEGISLATION; Asks Slight Projection Beyond Building Line. Impact: The Bronx board seeking sign legislation could have sparked a series of events leading to the creation of the world's most confusing street signs, causing mass confusion and a spike in GPS sales.. Fact: Street signs have been a point of contention since the dawn of civilization, proving that nothing says 'progress' like arguing over a piece of metal!.
  • Headline: Safety First. Impact: The 'Safety First' movement likely led to an overabundance of warning labels on everything, resulting in a generation that’s afraid of simple tasks like opening a bag of chips.. Fact: Safety First is great, but have you ever tried to read the warning label on a hairdryer? You might need a thesaurus to decode it!.
  • Headline: A.F.L. OPENS DOOR TO UNIONS IN C.I.O.; Green Invites 'Disillusioned' Groups to Return to Fold With Autonomy Guarantee. Impact: A.F.L. opening the door to unions in C.I.O. might have inadvertently laid the groundwork for all the workplace drama that would follow, complete with coffee breaks and passive-aggressive post-it notes.. Fact: Unions have been around since the early days of labor, proving that if there’s one thing workers love, it’s getting together to complain about their bosses!.

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