Breakthroughs and everyday innovations from the year.
HEADLINES ON October 8, 1939
Full News Archive
- Headline: The Lore of Poison Unveiled. Impact: Little did they know, the obsession with poison led to a thriving underground industry of mixologists crafting 'poison cocktails' for the hipster elite in the 21st century. Cheers!. Fact: Ever tried a cocktail named after a toxic plant? Itβs a real hit at parties, especially if you want to clear the room..
- Headline: The Openings: A Historical Dialogue. Impact: This event inspired a series of 'openings'βart galleries, restaurants, and that one guy who opened a yoga studio in his basement. Spoiler alert: they all closed soon after.. Fact: The only thing that opens wider than a gallery door during an event is the mouth of the critic who didnβt get invited..
- Headline: SUGGESTS CHANGES IN FIXING VALUES; Appraiser Cites Importance of Recognizing Income in Making Assessments MORE UNIFORMITY ADVISED G.L. Schmutz Urges Land and Buildings Be Appraised as Property Unit. Impact: This suggestion caused a chain reaction leading to the term 'Schmutz-ing' becoming synonymous with overinflated property values, paving the way for reality TV shows about house flipping gone wrong.. Fact: Real estate appraisers are the only people who can make a cardboard box look like a mansion with just a few choice adjectives..
- Headline: SHEELER IN RETROSPECT; The Museum of Modern Art Presents All Phases of the Artist's Achieveanent. Impact: Sheeler's retrospective paved the way for future artists to claim their messy kitchens as 'modern art,' sparking debates over whether spilled paint is indeed a statement.. Fact: Art museums are like that friend who always has a new hobbyβconstantly changing, slightly pretentious, and often hard to understand..
- Headline: FOR THE PHOTOGRAPHER; Fall Provides an Opportunity for Good Foliage Pictures in Natural Color. Impact: This seasonal tip led to a global obsession with leaf-peeping, resulting in Instagram influencers battling over who can capture the most vibrant pumpkin spice latte next to a tree.. Fact: Fall foliage is nature's way of reminding us that beauty can be fleetingβmuch like the lifespan of a trendy Instagram filter..
- Headline: HOLDS LOW RATES AID HOME BUILDING; John H. Fahey Says Maximum Charge Should Not Exceed 5 to 5 Per Cent FAVORS LONG-TERM LOANS Marked Changes in Mortgage Conditions Noted During Recent Years. Impact: Fahey's advocacy for low rates inadvertently led to the rise of DIY home improvement shows, where viewers learned to turn their homes into 'fixer-uppers'βor, you know, 'fixer-downers.'. Fact: Long-term loans are basically adulting 101: you get a house, a 30-year commitment, and the persistent dread of your mortgage payment looming over your head..
- Headline: A FEW NOTES ABOUT THE HOT MICHAEL TODD; THE HOT MICHAEL TODD. Impact: The centennial celebration of Michael Todd's legacy inadvertently inspired a new wave of theatrical productions and a deep dive into the world of flamboyant producers, igniting a trend of over-the-top stage shows.. Fact: Michael Todd was so hot that even his name became an exclamationβ'Hot Michael Todd!'βthe original hype man of Broadway..
- Headline: Retail Store Sales. Impact: The reporting of retail sales trends gave birth to the modern consumerism culture, where people now buy things they donβt need just because they were on saleβthank you, clearance rack!. Fact: Retail therapy is the only form of self-care that requires a credit card and a lot of regret the next morning..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1939, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1939, it would be worth $586,657 today (586.7x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1939, it would be worth $474,913 today (474.9x return)