OCTOBER 12, 1938

WEDNESDAY
$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 October 12, 1938
1 You Can't Take It with You
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You Can't Take It with You
2 Boys Town
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Boys Town
3 That Certain Age
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That Certain Age
4 Nothing Sacred
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Nothing Sacred
5 The Hurricane
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The Hurricane
6 Carefree
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Carefree
7 If I Were King
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If I Were King
8 Alexander's Ragtime Band
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Alexander's Ragtime Band
9 The Adventures of Robin Hood
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The Adventures of Robin Hood
10 A Yank at Oxford
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A Yank at Oxford
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
Marie Antoinette
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Marie Antoinette
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
Love Finds Andy Hardy
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Love Finds Andy Hardy
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
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
Snow White and the Seven Dwarfs
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Snow White and the Seven Dwarfs
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 12, 1938 Trivia
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The Story of October 12, 1938

On October 12, 1938, political tensions rose in the United States as North Dakota Governor William Langer launched a campaign to secure pension reforms that would impact the state's electorate.

🧠 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 October 12, 1938

Full News Archive

  • Headline: Pension Ratio Analysis in 1938. Impact: The increased number of elderly people led to a growing demand for retirement homes, which ultimately resulted in the invention of the 'Golden Years' marketing campaigns. Because who wouldn't want to spend their golden years in a shiny, overpriced facility?. Fact: In 1930, the average life expectancy was about 59 years. So, being above 60 was practically a miracle, which probably explains the pension panic!.
  • Headline: The 1938 Ticket Man Strike. Impact: The refusal of one ticket puncher to join the union somehow spiraled into the invention of the phrase 'going rogue,' which has since been used by everyone from politicians to reality TV stars. Thanks, A.G. Williams!. Fact: Strikes were the original social media, where people gathered to complain about the system without a smartphone in sight!.
  • Headline: Langer's $40 Pension Proposal in 1938. Impact: Langer's fight with Nye over pensions not only impacted North Dakota politics but also inspired a future generation of politicians to bicker over increasingly trivial issues, like who gets the last cookie at the Capitol.. Fact: This was like an early episode of a political reality show, with all the drama and none of the commercial breaks!.
  • Headline: Tribute to Fairfax Harrison. Impact: Fairfax Harrison's tribute somehow became the template for future awkward corporate award ceremonies where people pretend to care while checking their phones.. Fact: Harrison was so beloved that if he had a reality show, it would probably be called 'Keeping Up with the Harrisons.'.
  • Headline: Expand Social Service Work. Impact: The push to expand social services led to the eventual creation of a 'Help Wanted' sign that is still hanging in every government office to this day.. Fact: In the 1930s, social service was basically just a group of people asking, 'Can we help you?' without a clue on how to actually do it!.
  • Headline: JAPAN WOULD BORROW TO BUILD AIR PLANT; Seeks $45,000,000 for Mukden Project on U. S.-Type Planes. Impact: Japan's loan request for an air plant led to the eventual arms race and a lot of 'who has the bigger planes' competitions. Spoiler: It's really not about the planes.. Fact: The 'U.S.-type planes' were basically just a fancy way of saying 'we want to copy the cool stuff and hope no one notices.'.
  • Headline: Vienna to Mint German Coins. Impact: The decision to mint German coins in Vienna was a bold move that led to future debates on currency designβ€”because nothing says 'economic stability' like arguing over shiny metal discs.. Fact: Minting coins is basically the oldest form of printing money, and we all know how well that turned out in the long run!.
  • Headline: WOULD OUTLAW AIR WAR; Secretary Woodring Hopes for Action by Future Conferences. Impact: Woodring's hopes to outlaw air war led to a great deal of hot airβ€”quite literallyβ€”as future politicians engaged in endless discussions about peace, while planes continued to fly overhead.. Fact: Outlawing air war? That's like trying to ban water from the oceanβ€”good luck with that!.
  • Headline: Pope to Return at End of October. Impact: The Pope's return to Vatican City set off a chain reaction of religious tourism that transformed Rome into the original holy hotspot, complete with souvenir shops and selfie sticks.. Fact: The Pope’s comebacks are so anticipated, they could rival any celebrity’s return from a hiatus. 'The Vatican is back, and this time, it's personal!'.

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