MAY 24, 1940

FRIDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1940
WOULD HAVE MADE YOU $8,324,276 IN THE 2025 DATASET
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 From 1940
1 Boom Town
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Boom Town
2 The Great Dictator
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The Great Dictator
3 Rebecca
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Rebecca
4 North West Mounted Police
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North West Mounted Police
5 Strike Up the Band
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Strike Up the Band
6 Northwest Passage
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Northwest Passage
7 Andy Hardy Meets Debutante
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Andy Hardy Meets Debutante
8 The Fighting 69th
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The Fighting 69th
9 Santa Fe Trail
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Santa Fe Trail
10 Kitty Foyle
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Kitty Foyle
The Grapes of Wrath
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The Grapes of Wrath
The Shop Around the Corner
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The Shop Around the Corner
His Girl Friday
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His Girl Friday
Pinocchio
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Pinocchio
Waterloo Bridge
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Waterloo Bridge
Virginia City
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Virginia City
My Favorite Wife
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My Favorite Wife
My Little Chickadee
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My Little Chickadee
Our Town
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Our Town
Dr. Cyclops
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Dr. Cyclops
The Thief of Bagdad
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The Thief of Bagdad
Too Many Husbands
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Too Many Husbands
The Blue Bird
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The Blue Bird
The Invisible Man Returns
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The Invisible Man Returns
Beyond Tomorrow
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Beyond Tomorrow
Road to Singapore
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Road to Singapore
Black Friday
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Black Friday
Gone with the Wind
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Gone with the Wind
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
May 24, 1940 Trivia
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The Story of May 24, 1940

On May 24, 1940, 14 American seamen were indicted for mutiny while aboard the ocean liner Conti di Savoia at Port Said, Egypt, a significant event showcasing the tensions within maritime operations during World War II.

Inventions & Breakthroughs of May 1940

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

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

The Sounds of

Popular recordings and roots/country selections associated with the year

HEADLINES ON May 24, 1940

Full News Archive

  • Headline: Mutiny Charges Against American Seamen. Impact: The mutiny of these seamen inspired the creation of a popular reality TV show called 'Mutiny on the High Seas', which, despite its name, featured more drama than actual sailing.. Fact: Mutiny is just fancy talk for 'We're tired of your nonsense'..
  • Headline: PLANS MASS OUTPUT OF PLANE ENGINES; Morgenthau Says the Types to Be Standardized Are Being Chosen for 'Farming Out' HIRES EXPERTS FOR JOB Dr. G.J. Mead Heads Staff-- Machine-Tool Industry Also Is Put Under Secretary. Impact: The mass output of plane engines inadvertently led to an obsession with model airplane competitions, which now dominate family reunions and lead to the rise of 'model airplane influencers'.. Fact: Standardizing plane engines means a whole lot of engines that all sound the sameβ€”like a symphony of mechanical monotony..
  • Headline: Stark Confers With Roosevelt. Impact: Gov Stark's chat with Roosevelt gave birth to the phrase 'Stark Realities', which today describes both the political landscape and your average Monday morning.. Fact: Conversations between politicians often lead to great changes. Or at least great brunch debates. Same thing, right?.
  • Headline: Glamour Note In Gowns and Furs Will Accentuate Slim Silhouette; Jay Thorpe, Udall and Ballou and Ciro Blend Talents--Fashion Group Finds Slender Lines Chic--Russeks Shows Furs. Impact: This fashion trend led to a worldwide shortage of fabric as everyone tried to replicate the 'slim silhouette,' but ironically it just resulted in an increase in stretchy pants sales.. Fact: Fashion trends are cyclical; what's in today is out tomorrow, and vice versa. So, basically, you can keep your old clothes forever..
  • Headline: Plans Aircraft Destroyers As a New Naval Weapon. Impact: Adm Stark's plans for aircraft destroyers inspired a slew of terrible action movies featuring rogue admirals and their quest for naval supremacyβ€”none of which ever made it past the first script draft.. Fact: The idea of aircraft destroyers was so radical that even the ships were confused about their purpose. Spoiler: they still are..
  • Headline: MAYOR ACTS IN TAXI TIE-UP; Summons Both Sides in MonthOld Strike to Conference. Impact: LaGuardia’s attempt to resolve the taxi tie-up led to the creation of 'Taxi Union Bingo', where players could win prizes by marking off the most ridiculous excuses given by taxi drivers.. Fact: Taxi strikes often involve more drama than a soap opera, complete with cliffhangers about who will get to the airport on time..
  • Headline: HATCH BILL SAVED FROM PIGEONHOLE; Committee Defeats Tabling Motion, but Fails to Report Measure to House. Impact: The Hatch Bill's near demise led to the founding of a secret society of lawmakers known as 'The Pigeonhole Protectors', dedicated to ensuring no bill ever gets lost again, even if it has to be shoved under the desk.. Fact: Bills getting pigeonholed is just a fancy way of saying they’re not getting any attention. Kind of like that one friend who always shows up late to dinner..
  • Headline: Red Cross Gets Overtime Pay. Impact: The decision to give Red Cross employees overtime pay inspired countless other organizations to finally consider the concept of fair compensation, leading to a nationwide 'Let's Pay People' movement. Unfortunately, it was short-lived.. Fact: Overtime pay has a long history of being considered a 'nice idea' until budgets come into play. Then it’s back to the salt mines..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1940, here's what the stored 2025 dataset estimates.
Rank #1
JNJ
Johnson & Johnson
Price in 1940
$0.06
2025 dataset value
$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
2025 dataset value
$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
2025 dataset value
$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