JANUARY 7, 1948

WEDNESDAY
1948 Coca-Cola advertising artwork
$1,000 INVESTED IN COKE STOCK (KO) IN 1948
WOULD HAVE MADE YOU $4,834,154 IN THE 2025 DATASET
Min Wage Hourly$0.66
Median Home Price$6,720.00
Gas Price Avg$0.25
Bread Price Avg$0.13
Movie Ticket Avg$0.43
First Class Stamp$0.03
Milk Price Avg$0.77
Top Movies From 1948
Show screen release and event cards
1 The Red Shoes
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The Red Shoes
2 Red River
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Red River
3 The Paleface
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The Paleface
4 Johnny Belinda
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Johnny Belinda
5 Easter Parade
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Easter Parade
6 The Three Musketeers
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The Three Musketeers
7 The Snake Pit
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The Snake Pit
8 The Emperor Waltz
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The Emperor Waltz
9 Homecoming
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Homecoming
10 Sitting Pretty
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Sitting Pretty
The Lady from Shanghai
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The Lady from Shanghai
The Paradine Case
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The Paradine Case
Out of the Past
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Out of the Past
The Bishop's Wife
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The Bishop's Wife
Body and Soul
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Body and Soul
A Double Life
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A Double Life
Daisy Kenyon
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Daisy Kenyon
The Fugitive
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The Fugitive

January 7, 1948 Trivia

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Exact-date daily brief

January 7, 1948

On January 7, 1948, significant developments unfolded in post-war Europe and America. The British Zone in Germany was facing a pressing financial situation as officials called in money to stabilize the economy. This move was cruci...

Inventions & Breakthroughs of January 1948

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

1 Information Theory
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Information Theory
2 Long-Playing Vinyl Record
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Long-Playing Vinyl Record
3 Integrated Circuit Concept
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Integrated Circuit Concept
4 Electric Slide Rule
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Electric Slide Rule
5 Aircraft Autopilot Improvements
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Aircraft Autopilot Improvements
6 Magnetic Tape Storage Standard
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Magnetic Tape Storage Standard
7 Remote Television Broadcasting
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Remote Television Broadcasting
8 Disposable Diaper
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Disposable Diaper
9 Automatic Garage Door Opener
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Automatic Garage Door Opener
10 Photovoltaic Cell Improvements
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Photovoltaic Cell Improvements

The Sounds of

Popular recordings and roots/country selections associated with the year

Headlines From January 7, 1948

Full News Archive

  • Headline: Antenna Ruin Sparks Legal Dispute. Impact: This pivotal antenna destruction led to a dramatic increase in tenant rights activism, which eventually resulted in a world where people argue over Wi-Fi signal strength instead of actual property rights. Fact: Did you know that this incident triggered the invention of the first 'Tenant's Rights Handbook'? It was just a single page that said, 'Don't rent from people who destroy your antenna.'.
  • Headline: British Occupation Currency Withdrawal. Impact: By calling in all occupation money, the British inadvertently sparked a chain reaction that led to the creation of the world's first 'monopoly money' game. Hence, the phrase 'money makes the world go round' became literal. Fact: Fun fact: They thought it was a good idea to call in the money just so they could turn it into a collectible item. Spoiler alert: it backfired.
  • Headline: Return of 1,700 War Heroes. Impact: The return of these war dead profoundly impacted public perception of war, leading to future generations advocating for peace and the phrase 'Never again' becoming a rallying cry. Fact: The USS Eric Gibson incident led to the creation of memorials dedicated to those lost in war, reminding us that the cost of conflict is far greater than just lives.
  • Headline: Two to Fight Fare Rise. Impact: This fare rise confrontation marked the beginning of an endless cycle of politicians promising to fight for the common man while secretly plotting their next vacation on a beach somewhere. Fact: Did you know that these two politicians later became the inspiration for the classic 'Two Stooges' comedy duo? Their debates were laughable, at best.
  • Headline: Foundry Workers Win Rise. Impact: The rise won by foundry workers set off a movement that eventually led to the establishment of Labor Day, which ironically is now celebrated by taking a day off from labor. Fact: It's fascinating how a simple wage increase can lead to a holiday where people do absolutely nothing to celebrate it. Labor? Nah, let's just lounge around!.
  • Headline: We Prod Russia on Arms In Hands of Chinese Reds. Impact: This diplomatic prod poked the bear (or the Soviet Union, in this case) and paved the way for decades of espionage, Cold War paranoia, and the invention of spy gadgets that are still way cooler than anything you'll find in a typical office. Fact: Fun fact: The phrase 'prod Russia' led to countless misunderstandings, including a popular misunderstanding that it was a new dance move. Spoiler: it wasn't.
  • Headline: Long Beach Picks City Manager. Impact: The election of M S Karp as City Manager set a precedent for local governance that led to endless debates about whether city managers should actually manage anything at all. Fact: Interestingly, Karp's first order of business was to change the city’s name to 'Moderately Long Beach' to reflect its actual length. Very ambitious.
  • Headline: Report Holds Nonexistent the Principles That Guide Courts in West -- American Zone to Give Habeas Corpus Right. Impact: This report highlighted the lack of judicial principles, setting a dangerous precedent where legal jargon was used more as a weapon than as a tool for justice, leading us to today's legal dramas that make reality TV look like Shakespeare. Fact: Did you know that the phrase 'habeas corpus' translates to 'you may have the body'? Sounds like a line from a bad horror movie, doesn't it?.
  • Headline: NAVY LISTS DATA NEEDED FOR BONUS; Theatre Ribbons Acceptable to Show Overseas Service -- Records Are Available. Impact: This listing of data for bonuses sparked the bureaucratic nightmare we now know as the 'Bonus Wars,' where veterans compete for benefits like they're at a yard sale. Fact: The Navy's bonus system was so convoluted that it inspired a popular board game called 'Operation: Get Your Bonus.' Spoiler alert: no one ever wins.
  • Headline: DEBATES PUBLICITY FOR U.S. OVERSEAS; Subcommittee Will Urge Early Action by the Senate on the Mundt Bill. Impact: The Mundt Bill debates opened the floodgates for political grandstanding, establishing the tradition of senators making speeches that could put any stand-up comic to shameβ€”except they weren't funny. Fact: Ironically, the Mundt Bill discussions were so dry that it led to a nationwide shortage of coffee in Senate chambers. Coincidence? You decide.

Wall Street Time Machine

The Right Call: A historical $1,000 investment comparison using the stored long-range dataset.
Rank #1
JNJ
Johnson & Johnson
Price in 1948
$0.06
Stored value
$3,433,943

Johnson & Johnson - If you invested $1,000 in 1948, it would be worth $3,433,943 today (3433.9x return)

Rank #2
PG
Procter & Gamble
Price in 1948
$0.25
Stored value
$586,657

Procter & Gamble - If you invested $1,000 in 1948, it would be worth $586,657 today (586.7x return)

Rank #3
KMB
Kimberly-Clark
Price in 1948
$0.69
Stored value
$147,887

Kimberly-Clark - If you invested $1,000 in 1948, it would be worth $147,887 today (147.9x return)

🦸 Top 5 Comics
Superman #53
Superman #53
$500
Detective Comics #140
Detective Comics #140
$10,200
Marvel Mystery Comics #92
Marvel Mystery Comics #92
$2,500
All Star Comics #41
All Star Comics #41
$2,500
Four Color #178 (Uncle Scrooge)
Four Color #178 (Uncle Scrooge)
$150
🧸 Top 5 Toys
Tonka Dump Truck
Tonka Dump Truck
$75.00
Magic 8-Ball
Magic 8-Ball
$75.00
Bakelite Gangsters Car
Bakelite Gangsters Car
$250.00
Wind-up Tin Robots
Wind-up Tin Robots
$700.00
Toys from Lionel Trains
Toys from Lionel Trains
$750.00
⚾ Top 5 Trading Cards
1948 Bowman #69 George Mikan
1948 Bowman #69 George Mikan
$629,520
1948 Leaf #79 Jackie Robinson
1948 Leaf #79 Jackie Robinson
$89,175
1948 Leaf #3 Babe Ruth
1948 Leaf #3 Babe Ruth
$1,000,000
1948 Bowman #36 Stan Musial
1948 Bowman #36 Stan Musial
$120,000
1948 Bowman #18 Warren Spahn
1948 Bowman #18 Warren Spahn
$250,000