JULY 3, 1947

THURSDAY
$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 July 3, 1947
1 Miracle on 34th Street
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Miracle on 34th Street
2 The Egg and I
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The Egg and I
3 The Ghost and Mrs. Muir
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The Ghost and Mrs. Muir
4 Green Dolphin Street
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Green Dolphin Street
5 The Farmer's Daughter
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The Farmer's Daughter
6 Boomerang!
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Boomerang!
7 The Web
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The Web
8 Notorious
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Notorious
9 The Best Years of Our Lives
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The Best Years of Our Lives
10 The Bells of St. Mary's
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The Bells of St. Mary's
The Brasher Doubloon
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The Brasher Doubloon
The Man I Love
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The Man I Love
The Private Affairs of Bel Ami
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The Private Affairs of Bel Ami
Born to Kill
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Born to Kill
The Two Mrs. Carrolls
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The Two Mrs. Carrolls
The Red House
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The Red House
Pursued
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Pursued
Ramrod
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Ramrod
The Other Love
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The Other Love
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
July 3, 1947 Trivia
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The Story of July 3, 1947

On July 3, 1947, a heartwarming story emerged as a couple, who were parents of three boys, prepared to remarry after their previous marriage documents were destroyed during 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 July 3, 1947

Full News Archive

  • Headline: Mother of Three to Remarry in U.S.. Impact: This remarrying event sparked a chain reaction of divorce rates skyrocketing across America, as parents realized they could just keep trying until they found a spouse who wouldn’t need to enter the country on military paperwork. Who knew love could be so bureaucratic?. Fact: In a twist of fate, the term 'GI Bride' has nothing to do with military prowess but rather with the heart-wrenching paperwork that could rival a small novel..
  • Headline: Dr. Armstrong Becomes Kiwanis President. Impact: Dr. Armstrong’s presidency of the Kiwanis led to a surge in pancake breakfasts, forever altering the breakfast landscape and ensuring that no Sunday morning would ever be safe from syrupy goodness again.. Fact: The Kiwanis Club isn’t just about community service; it’s also a covert organization dedicated to perfecting the art of pancake flipping..
  • Headline: Lobel Testifies in Actress' Lawsuit. Impact: Lobel's court testimony marked the beginning of the long and illustrious career of celebrity court trials, paving the way for future courtroom dramas that would eventually lead to reality TV. Thank you, Lobel!. Fact: The $5,400 at stake in this case would be worth about $55,000 today. Guess it was a pretty pricey suit after all!.
  • Headline: Swiss Lift Curb on Watches. Impact: By lifting watch export curbs, the Swiss unleashed a tidal wave of Swiss watches that would not only make Americans punctual but also lead to the world's obsession with overpriced timepieces. Because who needs a good meal when you can have a Rolex?. Fact: The Swiss watch industry has been so influential that it single-handedly invented the concept of 'fashionably late.'.
  • Headline: By-Passing of Board Voted By Steel Workers' Chiefs; New Law's Facilities Useless, So Dealing Will Be With Employers, Says Group -- Electric Union in Similar Move STEEL UNION VOTES TO IGNORE THE NLRB. Impact: The steel workers’ decision to ignore the NLRB became a historical reminder that when it comes to labor, sometimes it’s better to just throw the rulebook out the window and negotiate directly. Who needs regulations, right?. Fact: The Taft-Hartley Act was ironically designed to keep labor unions in check, but it seems the steel workers had other plansβ€”like throwing caution to the wind!.
  • Headline: SCHOOL BOARD MAPS NEW RESEARCH UNIT. Impact: The NYC school board's new research unit ultimately led to the creation of a groundbreaking study on how many meetings it takes to actually get anything done. Spoiler alert: It’s more than you think.. Fact: Horace Mann was a huge advocate for public education, which is why it’s ironic that this meeting probably could have been an email..
  • Headline: GEORGE FISCHER. Impact: George Fischer’s name in the headlines reminds us that sometimes, the most interesting stories are about people who didn’t do anything all that interesting. Just wait until the sequel, 'George Fischer: The Year of Notable Silence.'. Fact: If you Google 'George Fischer,' be prepared for a very underwhelming rabbit hole of normalcy..
  • Headline: Iron Source Located in Utah. Impact: The discovery of iron in Utah sparked a mining boom that would lead to a long and storied history of mining accidents, labor disputes, and the eventual emergence of safety equipment that no one wanted until it was too late.. Fact: Utah’s iron is so famous that it almost became the state mascot, overshadowing the more traditional 'beehive.'.
  • Headline: $6,200,000 TO HOSPITAL; Nassau Plant to Be Extensively Improved With Race Tax Fund. Impact: The $6.2 million investment in the hospital marked the dawn of the 'hospital expansion era,' which inadvertently led to ever-increasing medical bills, because nothing says 'healthcare' quite like a shiny new lobby.. Fact: Race tax fund? Sounds like the government figured out a way to make taxes even more confusing. Thanks, guys!.
  • Headline: COAL CRISIS EASED; Strike Probably Averted by Agreement With 40% of Industry TOTAL GAIN TO BE $3 A DAY $500,000,000 a Year Is Added to Consumers' Bill -- Prices of Steel Expected to Go Up Lewis' Miners Win Record Rise; Major Coal Strike Seems Averted. Impact: The coal crisis being averted is a classic case of 'what if'β€”what if miners had decided to strike? The world could have faced a coal shortage that might have led to a rise in renewable energy sources, but we’ll never know because, you know, coal.. Fact: A $3 daily increase sounds reasonable until you realize that’s just a fancy way of saying, 'Get ready for that price hike at the gas station!'.

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