FEBRUARY 7, 1940

WEDNESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1940
WOULD HAVE MADE YOU $8,324,276 IN 2025
Min_Wage_Hourly: $0.30
Median_Home_Price: $4,000.00
Gas_Price_Avg: $0.18
Bread_Price_Avg: $0.09
Movie_Ticket_Avg: $0.30
First_Class_Stamp: $0.03
Milk_Price_Avg: $0.55
Top Movies By February 7, 1940
1 Another Thin Man
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Another Thin Man
2 His Girl Friday
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His Girl Friday
3 The Shop Around the Corner
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The Shop Around the Corner
4 A Christmas Carol
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A Christmas Carol
5 Angels with Dirty Faces
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Angels with Dirty Faces
6 Destry Rides Again
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Destry Rides Again
7 Gone with the Wind
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Gone with the Wind
8 The Wizard of Oz
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The Wizard of Oz
9 Mr. Smith Goes to Washington
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Mr. Smith Goes to Washington
10 The Hunchback of Notre Dame
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The Hunchback of Notre Dame
The Blue Bird
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The Blue Bird
The Invisible Man Returns
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The Invisible Man Returns
Ninotchka
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Ninotchka
Of Mice and Men
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Of Mice and Men
Allegheny Uprising
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Allegheny Uprising
Remember?
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Remember?
A Christmas Carol
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A Christmas Carol
February 7, 1940 Trivia
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The Story of February 7, 1940

On February 7, 1940, a significant hearing took place involving prominent businessman and political figure, Edward Lasker, who revealed details about a $250,000 loan amidst allegations of impropriety.

🧠 Inventions of 1940

Breakthroughs and everyday innovations from the year.

1 Photocopier (Xerography)
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Photocopier (Xerography)
2 Nuclear Magnetic Resonance Concept
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Nuclear Magnetic Resonance Concept
3 Jet Engine Flight Demonstration
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Jet Engine Flight Demonstration
4 Synthetic Detergent
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Synthetic Detergent
5 Mass-Produced Nylon Stockings
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Mass-Produced Nylon Stockings
6 Proximity Fuse
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Proximity Fuse
7 Electronic Fire Control System
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Electronic Fire Control System
8 Polyurethane Foam
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Polyurethane Foam
9 Early Speech Recognition Machine
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Early Speech Recognition Machine
10 Automatic Anti-Lock Brakes Concept
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Automatic Anti-Lock Brakes Concept

HEADLINES ON February 7, 1940

Full News Archive

  • Headline: Lasker's Testimony on Loan Deal. Impact: This loan inadvertently sparked a chain reaction leading to the first-ever 'Lawyer's Anonymous' support groupβ€”because who knew being shady was a full-time job?. Fact: Did you know that a $250,000 loan could buy you a small island? Or just a lot of really bad legal advice?.
  • Headline: Truck Destruction Evidence in Lepke Trial. Impact: This incident inspired the invention of the 'Anti-Truck River Barrier,' which eventually led to a booming industry in ineffective roadside safety products.. Fact: Witnesses confirmed that trucks were not designed for aquatic adventuresβ€”just in case you were wondering..
  • Headline: IRA Executions Amid Bombing Escalation. Impact: The repercussions of this event rippled through history, leading to an increase in global discussions around terrorism and justice, setting the stage for future peace processes.. Fact: Hanging terrorists may have seemed like a solution, but history shows it often just leads to more complex problemsβ€”like figuring out how to keep a country together..
  • Headline: EDELSTEIN VICTOR IN CONGRESS RACE; New Dealer Wins by a Wide Margin Over Republican-- Browder Is a Poor Third. Impact: Edelstein's victory created a domino effect that ultimately resulted in a series of legislation that nobody can quite remember but everyone claims to have supported.. Fact: Winning by a wide margin is just another way to say 'everyone else was busy that day.'.
  • Headline: 1940 FAIR PRAISED AS SPUR TO PEACE; T.J. Watson, Head of Machines Corporation, Depicts It as Common Meeting Ground GETS PLAQUE FOR WORK May 13 Is Set Aside for His Concern--10,000 Employes Will Visit the Exposition. Impact: The fair became a hotbed for peace talks, inadvertently inspiring a legendary series of awkward small talk sessions that still haunt corporate gatherings today.. Fact: T.J. Watson received a plaque, which is basically the 1940s equivalent of a participation trophy..
  • Headline: Ex-Queens Clerk Loses. Impact: The dismissal of this case led to a wave of clerks reconsidering their career choicesβ€”some even took up interpretive dance to cope.. Fact: In the world of legal disputes, losing often means 'better luck next time!' or 'please hold my coffee while I rethink my life choices.'.
  • Headline: $32,763,330 IS ASKED FOR CITY'S HOSPITALS; Goldwater's Budget $4,320,319 Above the Present One. Impact: Goldwater's budget request triggered a series of financial debates that could put even the most thrilling soap opera to shame.. Fact: Asking for $32 million is like asking your parents for a car when you can barely drive. Good luck with that!.
  • Headline: VALENTINE EXPLAINS RISE IN BURGLARIES; Increase Laid to Population Gain and Lure of World's Fair. Impact: This explanation sparked a nationwide trend of blaming every crime on something fun and excitingβ€”like that time your neighbor's cat went missing after a big party.. Fact: If only criminals knew how to leverage the lure of a good fair, they might just set up their own booths instead!.
  • Headline: 3D TERM BACKERS VISIT ROOSEVELT; But Democratic Committeemen Go Away No Wiser on Plans President May HaveGOV. O.D. JOHNSON FRANK'Just Leave Everything to Usand We Will Draft You,' HeTells Chief Executive. Impact: This confusion among Democratic committeemen led to several decades of political strategists realizing that vague promises are the best way to get electedβ€”because who needs details?. Fact: The phrase 'Just leave everything to us' has since become the unofficial motto of politicians everywhere. Spoiler alert: it rarely works out..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1940, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1940
$0.06
Value in 2025
$3,433,941

Johnson & Johnson - If you invested $1,000 in 1940, it would be worth $3,433,941 today (3433.9x return)

Rank #2
PG
Procter & Gamble
Price in 1940
$0.25
Value in 2025
$586,657

Procter & Gamble - If you invested $1,000 in 1940, it would be worth $586,657 today (586.7x return)

Rank #3
KMB
Kimberly-Clark
Price in 1940
$0.69
Value in 2025
$147,887

Kimberly-Clark - If you invested $1,000 in 1940, it would be worth $147,887 today (147.9x return)

🦸 Top 5 Comics
Batman #1
Batman #1
$2,220,000
Flash Comics #1
Flash Comics #1
$1,500
Green Lantern #1
Green Lantern #1
$150,000
Detective Comics #38
Detective Comics #38
$42,000
All Star Comics #3
All Star Comics #3
$2,500
🧸 Top 5 Toys
Lone Ranger Frontier Town
Lone Ranger Frontier Town
$150.00
Red Ryder BB Gun
Red Ryder BB Gun
$250.00
Sorry!
Sorry!
$30.00
Paper Dolls
Paper Dolls
$35.00
Microscope Kit
Microscope Kit
$200.00
⚾ Top 5 Trading Cards
Walt Disney Comics and Stories #1 Card
Walt Disney Comics and Stories #1 Card
$800
Superman Gum Cards
Superman Gum Cards
$800
G-Men and Heroes of the Law
G-Men and Heroes of the Law
$11.00
1940 War Gum Cards
1940 War Gum Cards
$1,500
1940 Play Ball Baseball Cards
1940 Play Ball Baseball Cards
$3,000