MAY 3, 1947

SATURDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1947
WOULD HAVE MADE YOU $3,706,109 IN 2025
Min_Wage_Hourly: $0.62
Median_Home_Price: $6,380.00
Gas_Price_Avg: $0.24
Bread_Price_Avg: $0.12
Movie_Ticket_Avg: $0.41
First_Class_Stamp: $0.03
Milk_Price_Avg: $0.75
Top Movies By May 3, 1947
1 Green Dolphin Street
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Green Dolphin Street
2 Boomerang!
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Boomerang!
3 Pursued
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Pursued
4 The Farmer's Daughter
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The Farmer's Daughter
5 Born to Kill
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Born to Kill
6 The Egg and I
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The Egg and I
7 Ramrod
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Ramrod
8 The Private Affairs of Bel Ami
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The Private Affairs of Bel Ami
9 Notorious
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Notorious
10 The Best Years of Our Lives
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The Best Years of Our Lives
The Brasher Doubloon
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The Brasher Doubloon
The Man I Love
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The Man I Love
The Two Mrs. Carrolls
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The Two Mrs. Carrolls
The Red House
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The Red House
My Darling Clementine
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My Darling Clementine
Duel in the Sun
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Duel in the Sun
It's a Wonderful Life
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It's a Wonderful Life
Humoresque
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Humoresque
The Yearling
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The Yearling
Undercurrent
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Undercurrent
May 3, 1947 Trivia
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The Story of May 3, 1947

On May 3, 1947, the United States Navy requested a significant budget of $55,580,000 to convert 15 ships for new types of warfare, highlighting the shift in military strategy following World War II.

🧠 Inventions of 1947

Breakthroughs and everyday innovations from the year.

1 Stored-Program Computer Architecture
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Stored-Program Computer Architecture
2 Transistor Radio Prototype
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Transistor Radio Prototype
3 Microwave Communication Tower
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Microwave Communication Tower
4 Black Box Flight Recorder
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Black Box Flight Recorder
5 Electric Speed Control System
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Electric Speed Control System
6 Neoprene Wetsuit
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Neoprene Wetsuit
7 Jet Passenger Aircraft Concept
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Jet Passenger Aircraft Concept
8 Magnetic Tape Recorder Improvements
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Magnetic Tape Recorder Improvements
9 Plastic Baby Bottle
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Plastic Baby Bottle
10 Programmable Logic Controller Concept
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Programmable Logic Controller Concept

The Sounds of

The biggest hits of the year β€” Top 10 Pop & Country chart toppers

HEADLINES ON May 3, 1947

Full News Archive

  • Headline: Navy Proposes Fleet Conversion Funding. Impact: The Navy's decision to convert ships for new-type warfare led to an unexpected rise in submarine-themed children's toys, ultimately sparking a global obsession with nautical-themed birthday parties in the 80s. Thanks, Navy!. Fact: For just $55.58 million, you could convert your entire fleet, or you could buy a small island. No big deal..
  • Headline: Mrs. Hadley Leads Congressional Club. Impact: Mrs. Linqley H. Hadley's leadership in the Congressional Club inadvertently inspired a new wave of women to become involved in politics, leading to the eventual creation of the 'Women Who Wield Power' coffee mug line.. Fact: Behind every great man is a woman rolling her eyes at the mundane bureaucracy of Congress..
  • Headline: Virginia Historians Elect New Leadership. Impact: T.J. Wertenbaker's re-election as chairman sparked a renaissance of historical enthusiasm, resulting in a quirky trend where people started naming their pets after lesser-known historical figures. Say hello to 'Hannibal' the goldfish!. Fact: Historians: the only people who can make staying in on a Saturday night sound like a thrilling adventure..
  • Headline: MAYBANK QUESTIONS U.S. FOREIGN LOANS; Fears Intensified Competition for Industry, Agriculture Here Under Present Policy SEES CHEAP LABOR THREAT Telle Cotton Association Textile Rehabilitation Abroad Would Hurt Us in World Market. Impact: Senator Maybank's questioning of foreign loans led to an era of overprotective parenting in the textile industry, creating the β€˜Don't Let Your Cotton Leaves the Nest’ campaign. It's just as ridiculous as it sounds.. Fact: Ah yes, cheap labor: the magical phrase that keeps politicians up at night... or maybe they're just worried about their own jobs..
  • Headline: M'MAHON CASE IS 'CLOSED'; U.S. State Department Renews Charge Against Spain. Impact: The closing of the M'Mahon case inadvertently set the stage for the β€˜Spin Doctors’ era in politics, where blaming Spain became a classic go-to tactic for deflecting attention from domestic issues.. Fact: The State Department: keeping the drama alive since foreverβ€”because who needs closure in international relations?.
  • Headline: AGAIN THE IRON CURTAIN. Impact: The resurgence of censorship under the Iron Curtain ironically led to a boom in underground literature, resulting in the emergence of hipster book clubs that still refuse to read anything from before 1990.. Fact: Censorship: the easiest way to make people want to read something even more. Thanks for the motivation, Iron Curtain..
  • Headline: Hague Undergoes Operation. Impact: Hague's operation led to a dramatic increase in sympathy operations for public figures, leading to the rise of the 'Get Well Soon' card industry.. Fact: Surgeons: the real MVPsβ€”always ready to operate while the rest of us can only operate a microwave..
  • Headline: MBS. MAURICE 3. AHEARN . 1. Impact: Mrs. Maurice J. Ahern's existence was pivotal in proving that life goes on, even when no one really knows why you’re mentioned in the news. A true unsung hero of mediocrity.. Fact: If you think your name is hard to spell, try being in the newspaper for being someone's spouse. Good luck with that!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1947, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1947
$0.06
Value in 2025
$3,433,943

Johnson & Johnson - If you invested $1,000 in 1947, it would be worth $3,433,943 today (3433.9x return)

Rank #2
PG
Procter & Gamble
Price in 1947
$0.25
Value in 2025
$586,657

Procter & Gamble - If you invested $1,000 in 1947, it would be worth $586,657 today (586.7x return)

Rank #3
KMB
Kimberly-Clark
Price in 1947
$0.69
Value in 2025
$147,887

Kimberly-Clark - If you invested $1,000 in 1947, it would be worth $147,887 today (147.9x return)

🦸 Top 5 Comics
Young Romance #1
Young Romance #1
$2,500
Kid Colt Outlaw #1
Kid Colt Outlaw #1
$2,500
Blackhawk #9
Blackhawk #9
$300
All Winners Comics #20
All Winners Comics #20
$500
Crime Does Not Pay #49
Crime Does Not Pay #49
$1,100
🧸 Top 5 Toys
Tonka Trucks
Tonka Trucks
$150.00
Dollhouse Furniture
Dollhouse Furniture
$1,800.00
Slinky Dog
Slinky Dog
$1,800.00
Kite
Kite
$25.00
View-Master
View-Master
$40.00
⚾ Top 5 Trading Cards
Bond Bread Jackie Robinson Rookie Card
Bond Bread Jackie Robinson Rookie Card
$5,000
Tip Top Bread Mickey Vernon Card
Tip Top Bread Mickey Vernon Card
$5,000
Kane Products Ltd. Famous Footballers - Stanley Matthews Card
Kane Products Ltd. Famous Footballers - Stanley Matthews Card
$1,200
La Confederation Des Francais Libres - Charles De Gaulle Card
La Confederation Des Francais Libres - Charles De Gaulle Card
$0
General Mills Mickey Mantle Pre-Rookie Card
General Mills Mickey Mantle Pre-Rookie Card
$250,000