SEPTEMBER 16, 1938

FRIDAY
$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
Carefree
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Carefree
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
Four Daughters
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Four Daughters
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
Block-Heads
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Block-Heads
A Yank at Oxford
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A Yank at Oxford
Too Hot to Handle
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Too Hot to Handle
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
September 16, 1938 Trivia
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The Story of September 16, 1938

On September 16, 1938, the Bank of England reported a significant reduction in public deposits, with circulation lowering by Β£1,572,000.

Inventions & Breakthroughs of September 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 September 16, 1938

Full News Archive

  • Headline: Bank of England Weekly Statement Highlights. Impact: The Bank of England's circulation woes lead to a nationwide panic that inspires a generation of amateur economists armed with nothing but a calculator and an internet connection, resulting in the rise of countless YouTube finance channels. Thanks, Bank of England!. Fact: Did you know that banks have a tendency to rise and fall like a toddler on a sugar high? It's all part of their charm!.
  • Headline: Poet Laureate Celebrates Chamberlain's Visit. Impact: J Masefield's poetic praise for Chamberlain sparks an unexpected trend where politicians begin to hire poets as public relations officers, leading to a bizarre era of rhyming press releases and campaign slogans that sound like nursery rhymes.. Fact: Fun fact: If politicians had spent more time writing poetry instead of laws, we might have ended up with fewer legalese nightmares!.
  • Headline: Arias Takes Control of Panama American. Impact: The acquisition of the Panama American leads to a series of sensational headlines that inadvertently boost tourism to Panama, as readers mistakenly believe the newspaper is a travel guide. Who knew journalism could double as a vacation brochure?. Fact: Did you know that owning a newspaper is basically like having a pet? You feed it, clean up after it, and hope it doesn't bite you when you try to sell it!.
  • Headline: 35 Die in Spanish Morocco Riots. Impact: The tragic riots in Spanish Morocco trigger a series of diplomatic discussions that lead to the creation of the world's least effective peace treaties, proving that sometimes the only thing nations can agree on is how to disagree.. Fact: It's estimated that riot-related events have inspired more novels than any other form of civil unrest. Clearly, chaos is a writer's best friend!.
  • Headline: 1,131,600 Attended FTP Shows. Impact: With over a million attendees at FTP shows, the entertainment industry realizes that people will literally watch anything. This revelation leads to the eventual creation of reality TV, proving that we really do love to watch train wrecks.. Fact: Did you know that 'attending a show' in the 1930s involved actually leaving your house? Shocking, I know!.
  • Headline: MRS. W. T. WATTS-DUNTON; Widow of Swinburne's Companion Dies in Home Where Poet Lived. Impact: The passing of Clara Watts-Dunton prompts a resurgence in interest for Swinburne's works, leading to a brief but intense period where everyone pretends to be a poetry aficionado, only to later confuse iambic pentameter with a type of pasta.. Fact: Fun fact: Poetry often requires more emotional investment than a soap opera, but with fewer plot twists and more existential dread!.
  • Headline: EX-PREMIER PRIETO OF ROYALIST SPAIN; Marques de Alhucemas, Who Won Title by Negotiating Moroccan Treaty, Dies OUSTED BY RIVERA COUP Headed Government Six Years and Served in Alfonso's Last Cabinet. Impact: The death of Marques de Alhucemas marks a turning point in royalist Spain, leading to a historical footnote where future generations debate the merits of negotiating treaties versus just throwing confetti. Spoiler alert: confetti wins.. Fact: Did you know negotiating treaties is a lot like trying to get kids to share toys? It usually ends in tears and someone hiding in a corner!.
  • Headline: REBEL DRIVE HALTED IN GUADALAJARA AREA; Single Brief Thrust Breaks Day's Lull on Spanish Fronts. Impact: The halted rebel drive in Guadalajara leads to an unexpected peace, inspiring a generation of 'guerrilla gardening' activists who think they can solve all conflicts with a bouquet of flowers and a smile.. Fact: Did you know that sometimes the best way to halt a conflict is to just throw a surprise picnic? Works every time... until someone forgets the sandwiches!.

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