Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON August 23, 1947
Full News Archive
- Headline: NYC Showroom Opened in 1947. Impact: The opening of the NYC showroom led to a chain reaction of urban expansion. Suddenly, everyone felt compelled to showcase their products in glitzy showrooms, causing a massive influx of foot traffic that eventually led to tourists mistaking NYC for a giant shopping mall.. Fact: Did you know that the first showroom was actually just a very fancy garage? That's where the term 'showrooming' came fromβthough it had nothing to do with the modern-day practice of browsing in-store before buying online..
- Headline: Rosenthal China Returns to Market. Impact: The reintroduction of Rosenthal china marked a pivotal moment in culinary history. This led to the rise of Instagram influencers showcasing their lavish dinner parties, which in turn caused a global shortage of 'likes' as everyone tried to keep up with the #TableGoals.. Fact: Fun fact: Rosenthal's china is so fine that it has been known to break heartsβespecially when one accidentally drops it while trying to impress a date!.
- Headline: Post-War Supply Scarcity Insights. Impact: The scarcity of major items created a black market for everyday goods, leading to the rise of 'underground' supply chains. This eventually evolved into the modern day 'reality TV' where people bid on random junk instead of actual necessities.. Fact: Did you know? The 'competitive bidding' trend in everyday items eventually inspired a whole genre of television shows, proving that desperation can indeed be entertaining!.
- Headline: WARD CROSS. Impact: Ward Cross may not have been a headline-grabbing event, but it triggered an intense rivalry among local businesses for the best name. This led to a bizarre era where companies named themselves after random objects, paving the way for the likes of 'Acme Corp.'. Fact: Did you know that 'Ward Cross' is actually a forgotten superhero? He fought crime with the power of mediocrity!.
- Headline: POLICE GROUPS TO MEET; City and State Organizations Cooperate on Welfare Plans. Impact: The meeting of police groups established a new standard for cooperation that would later inspire the phrase 'it's not what you know, it's who you know'βwhich ironically had nothing to do with policing but everything to do with getting out of tickets.. Fact: Fun fact: This meeting was actually a cover for a secret bake-off competition among officers. The cookies were criminally good!.
- Headline: 97.9% PROFIT RISE FOR 402 CONCERNS; Steel, Iron and Coke Industry Leads Gains Among Group on Stock Exchange List. Impact: The 97.9% profit rise for the steel, iron, and coke industry sent shockwaves through the stock market, eventually leading to a frenzy of speculation that resulted in the infamous 'Coke Crisis'βwhen people confused their fizzy drinks with stock shares.. Fact: Did you know? The stock market's love affair with steel led to a temporary obsession with building everything out of metal, including people's homesβgreat for durability, not so much for warmth!.
- Headline: BLAST HITS CITY HALL IN PHILADELPHIA. Impact: The blast at City Hall turned into a public relations nightmare, leading to the birth of the phrase 'you can't spell 'chaos' without 'C' for 'City Hall.' This inspired urban planners to invest in more 'explosion-proof' architecture.. Fact: Tragically, the blast was so loud that it actually disrupted a nearby bingo game. The survivors still talk about it to this dayβ'the game that went boom!'.
- Headline: FREDERICK W. KUEHNE. Impact: Frederick W. Kuehne's legacy was so profound that it inspired an entire series of motivational speeches about the virtues of having a name that starts with 'K.' This led to a bizarre fad of parents naming their children with K'sβbecause, you know, creativity!. Fact: Fun fact: Kuehne is German for 'keen'βwhich is ironic because many people mispronounce his name with a complete lack of keenness!.
- Headline: Books of the Times. Impact: Lewis' book taking on a quirky tone led to a literary revolution, inspiring authors to write increasingly bizarre titles. This ultimately culminated in the creation of 'Shelfie' culture, where a person's worth was judged by their bookshelf.. Fact: Did you know? 'It Takes AU Kinds' was actually meant to be 'It Takes All Kinds,' but the typo was so charming that it started a trend of embracing mistakes in titles!.
- Headline: HOME WORKSHOPS GET POWER TOOLS; Production Improved, Range Is Now 50 Per Cent Greater Than in Pre-War Market. Impact: The introduction of power tools for home workshops sparked a DIY revolution that resulted in everyone suddenly deciding they were carpenters. This led to a significant increase in home injuries and a spike in awkward family dinner conversations about unfinished projects.. Fact: Did you know? The first power tool was actually just a glorified blender? Imagine trying to build shelves with a smoothie machine!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1947, it would be worth $3,433,943 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1947, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1947, it would be worth $147,887 today (147.9x return)