OCTOBER 8, 1938

SATURDAY
$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
Room Service
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Room Service
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
If I Were King
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If I Were King
That Certain Age
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That Certain Age
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
October 8, 1938 Trivia
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The Story of October 8, 1938

On October 8, 1938, the Works Progress Administration (WPA) took definitive actions to withdraw grants from towns and cities that had not utilized their allocated funds effectively.

Inventions & Breakthroughs of October 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 October 8, 1938

Full News Archive

  • Headline: WPA Rescinds PWA Grants in 1938. Impact: By rescinding these grants, towns and cities were forced to innovate. This led to the rise of DIY city projects, which eventually birthed the 'Home Improvement' reality TV genre. You're welcome, HGTV.. Fact: Did you know that the WPA was supposed to help? But clearly, they decided to play 'financial freeze tag' instead. Good luck with that, towns!.
  • Headline: World Series Fever Grips New York City. Impact: The frenzy over World Series tickets led to the birth of scalping as a 'legitimate' profession. In the future, it would inspire an entire economy based on overpriced concert tickets. Thank you, baseball!. Fact: Fun fact: The only thing more inflated than ticket prices at this event was the expectations of fans. Spoiler alert: they were not met..
  • Headline: Lehman Orders Bribe Records Submission. Impact: This political drama set the stage for future generations to realize that when it comes to politics, everything is just a never-ending game of blame. Quite literally, the 'who's who' of corruption began here.. Fact: It's fascinating how some things never change; politicians have always had a knack for dodging accountability. It's practically an Olympic sport at this point..
  • Headline: MOST ROADS CLEAR IN NEW ENGLANI; Two Weeks Have Seen Great Improvement in Travel Conditions in Stricken Area TRUNK LINES ARE OPEN Authorities of Five States Set Forth Facts of Restored Traffic Lines Vermont New Hampshire Massachusetts Rhode Island Connecticut. Impact: The restoration of these roads led to the Great New England Road Trip of 1939. Little did they know, this would pave the way for future generations to complain about traffic jams.. Fact: New England roads are like a box of chocolatesβ€”full of surprises, delays, and the inevitable pothole you forgot about until it’s too late..
  • Headline: SAMUEL LIPMAN. Impact: Samuel Lipman's contributions to his field were overshadowed by the fact that nobody remembers who he was, leading to the age-old lesson that fame is fleetingβ€”unless you're a Kardashian.. Fact: Samuel's name is now synonymous with the phrase 'Who?' in history classes everywhere..
  • Headline: GEORGIA CRUSHES FURMAN; Bulldog Attack Rolls Up 38-7 Triumph at Athens. Impact: This victory not only solidified Georgia's reputation in college football but also fueled an entire generation's obsession with tailgating and overpriced nachos at games.. Fact: Fun fact: The only thing more aggressive than Georgia fans during this game was their need to remind everyone that they won. Forever..
  • Headline: EMMET K. TRAVIS. Impact: Emmet K. Travis's legacy, like many historical figures, faded into obscurity, ultimately inspiring countless underwhelming biographies that no one will ever read.. Fact: Emmet's name is now a placeholder for 'that guy you know but can't quite remember why.'.
  • Headline: BARBARA JOHNSTON HAS CHURCH BRIDAL; Daughter of West Hartford Couple Wed to N. D. Rogers--His Uncle Officiates COUSIN IS MAID OF HONOR Bride Has Seven Others as Her Attendants--She Is Alumna of Stanford University Ocean Travelers Perry-Gregory. Impact: Barbara's wedding set off a chain reaction leading to increasingly extravagant weddings, complete with social media posts that would eventually ruin the lives of brides everywhere.. Fact: Did you know that weddings have become so over-the-top that even the cake gets a social media handler? Because why not?.

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