AUGUST 31, 1940

SATURDAY
$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 August 31, 1940
1 Rebecca
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Rebecca
2 Pinocchio
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Pinocchio
3 Pride and Prejudice
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Pride and Prejudice
4 Foreign Correspondent
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Foreign Correspondent
5 The Sea Hawk
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The Sea Hawk
6 The Return of Frank James
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The Return of Frank James
7 I Love You Again
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I Love You Again
8 The Great McGinty
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The Great McGinty
9 Dance, Girl, Dance
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Dance, Girl, Dance
10 My Favorite Wife
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My Favorite Wife
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
Waterloo Bridge
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Waterloo Bridge
Virginia City
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Virginia City
My Little Chickadee
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My Little Chickadee
Our Town
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Our Town
Boys of the City
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Boys of the City
The Ghost Breakers
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The Ghost Breakers
They Drive by Night
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They Drive by Night
Dr. Cyclops
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Dr. Cyclops
The Thief of Bagdad
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The Thief of Bagdad
The Mortal Storm
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The Mortal Storm
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
All This, and Heaven Too
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All This, and Heaven Too
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
August 31, 1940 Trivia
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The Story of August 31, 1940

On August 31, 1940, boxing took center stage with a notable seven-round bout featuring Pastor, a prominent local figure, against his rival Conn at Pompton Lakes.

🧠 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 August 31, 1940

Full News Archive

  • Headline: Boxing Showdown in Pompton Lakes. Impact: After this riveting boxing session, a sudden surge of interest in boxing among pastors led to a new sport: Holy Fistfight. This paved the way for the creation of β€˜Boxing for the Soul’ tournaments, which are now a staple of church fundraisers.. Fact: Did you know that if every pastor took up boxing, we might have fewer arguments at church potlucks? Just imagine the sermon on 'turning the other cheek' while dodging a left hook!.
  • Headline: Books of the Times: Highlights of 1940. Impact: The publication of these books marked the beginning of 'book club wars,' where readers would start fighting over whose pick was superior. This eventually led to the invention of the book-battle arena, where members could literally throw books at each other.. Fact: Fun fact: Book clubs today still can't decide if 'The Great Gatsby' or 'Twilight' is better. Spoiler: It's neither..
  • Headline: Thomas Smidt and Commercial Factors Corp.. Impact: Thomas Smidt's leadership on the Finance Committee made him a minor celebrity in financial circles, inspiring future finance gurus to adopt similar last names for credibility. 'Smidty' became a popular moniker for hedge fund managers.. Fact: Did you know that in finance, it's not about how much you know, but how intimidating your last name sounds? Smidt definitely nailed it..
  • Headline: U.S. GETS COMPLAINT ON PETRILLO UNION; Department of Justice Also Tells of Charges Made Against A.S.C.A.P. BROAD INQUIRY LIKELY Status of the Radio Industry in Interstate Commerce Would Be Basis. Impact: The complaints against Petrillo’s union triggered a series of events that eventually led to the establishment of the β€˜Radio Rights Revolution,’ where musicians demanded royalties for every time a cat walked across their instrument.. Fact: Did you know that complaints are the foundation of all progress? Just look at every sitcom ever created!.
  • Headline: French Envoy Says Farewell. Impact: The French envoy's farewell speech was so moving that it inspired a new diplomatic trend: Goodbye parties. This eventually led to nations competing over who could throw the most extravagant send-off, complete with fireworks and a marching band.. Fact: Did you know that farewells are just a fancy way of saying, 'I’m outta here'? Take notes, future diplomats!.
  • Headline: ALEXANDER EXPLAINS GEORGIA TECH PLAYS; Veteran Coach Is Final Speaker at Fair Football School. Impact: This football talk led to a renaissance of β€˜Fair Play’ initiatives that swept through college athletics, resulting in a generation of players who could tackle but still politely ask for a timeout to share their feelings.. Fact: Did you know that football coaches are basically motivational speakers with whistles? And they still can’t find a way to make tackling sound uplifting..
  • Headline: INFLUENCE OF WAR ON CREDIT EASES; As a Consequence the Money Market Is Steadier, Reserve Bank Here Reports RISE IN FOREIGN DEPOSITS Significant Change Seen in Accumulation of Funds in Last Three Months. Impact: The easing of credit due to war led to a bizarre trend known as 'War-time Shopping Spree' where people believed that spending money would somehow end conflicts, resulting in some truly questionable fashion choices.. Fact: Did you know that during wars, people tend to shop like it’s going out of style? Spoiler: It never does… until the next war starts..

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