JULY 3, 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 July 3, 1940
1 Rebecca
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Rebecca
2 Pinocchio
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Pinocchio
3 My Favorite Wife
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My Favorite Wife
4 Our Town
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Our Town
5 Waterloo Bridge
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Waterloo Bridge
6 The Ghost Breakers
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The Ghost Breakers
7 The Mortal Storm
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The Mortal Storm
8 Gone with the Wind
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Gone with the Wind
9 The Wizard of Oz
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The Wizard of Oz
10 Mr. Smith Goes to Washington
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Mr. Smith Goes to Washington
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
Northwest Passage
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Northwest Passage
Virginia City
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Virginia City
My Little Chickadee
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My Little Chickadee
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
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
July 3, 1940 Trivia
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The Story of July 3, 1940

On July 3, 1940, Percy Litchfield, a prominent figure in the engineering industry and former head of a notable engineering firm, passed away.

🧠 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 July 3, 1940

Full News Archive

  • Headline: Engineering Legacy of Percy Litchfield. Impact: If Percy Litchfield hadn't built those subways, we might still be riding horses through the streets while wearing top hats. Imagine the chaos of Victorian traffic jams!. Fact: Percy Litchfield was so good at building subways that rumor has it he once tried to dig a tunnel to the moonβ€”but they told him it was a 'bit too ambitious.'.
  • Headline: Neeley Loses Estate Share Suit. Impact: F.T. Neeley's loss in court sparked a series of estate battles that would inspire countless reality TV shows. Who knew the drama over a will could be so riveting?. Fact: In retrospect, losing a lawsuit over an estate is probably less tragic than losing the remote during a binge-watch session..
  • Headline: Scholarship Victory for M.I.T. Aspirant. Impact: Winning a scholarship to M.I.T. may have indirectly led to the invention of the smartphone, which in turn led to millions of people ignoring each other in favor of scrolling. Thanks, scholarship!. Fact: M.I.T. was once known as the 'Massachusetts Institute of Technology'β€”now, it’s more like the 'Massive Institute of Texting.'.
  • Headline: Can Factory Ordered. Impact: The decision to build a new factory led to an industrial boom, which eventually resulted in the invention of the office coffee machine. The real MVP of productivity!. Fact: Factories were once places where people worked hard, not just places to complain about the coffee being too weak..
  • Headline: MR. STIMSON AND MR. KNOX. Impact: Stimson and Knox’s testimony might have seemed boring at the time, but little did they know that it would set the stage for future political debates that would make reality TV look like a documentary.. Fact: Testimonies can be so riveting that they make soap operas look like a documentary on paint drying..
  • Headline: A CAREFREE DAY AT CONEY ISLAND. Impact: A carefree day at Coney Island led to the birth of the summer vacation traditionβ€”because nothing says relaxation like waiting in line for a rollercoaster!. Fact: Coney Island was so popular that it almost made people forget about their mundane daily lives... until they returned to work on Monday..
  • Headline: TRUSTEE'S FEE GRANTED; Court Praises Ballantine's Aid to Continental Securities. Impact: The court's praise for Ballantine's work paved the way for corporate lawyers everywhere to feel like rock stars. Who knew legal fees could lead to fame?. Fact: Court praise is like a participation trophy for lawyersβ€”because who doesn’t want to be recognized for showing up?.

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