JANUARY 24, 1948

SATURDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1948
WOULD HAVE MADE YOU $4,834,154 IN 2025
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 By January 24, 1948
1 The Treasure of the Sierra Madre
Learn More
The Treasure of the Sierra Madre
2 Gentleman's Agreement
Learn More
Gentleman's Agreement
3 Duel in the Sun
Learn More
Duel in the Sun
4 It's a Wonderful Life
Learn More
It's a Wonderful Life
5 The Best Years of Our Lives
Learn More
The Best Years of Our Lives
6 The Man I Love
Learn More
The Man I Love
7 The Yearling
Learn More
The Yearling
8 Undercurrent
Learn More
Undercurrent
9 Notorious
Learn More
Notorious
10 The Bachelor and the Bobby-Soxer
Learn More
The Bachelor and the Bobby-Soxer
The Lady from Shanghai
Learn More
The Lady from Shanghai
The Paradine Case
Learn More
The Paradine Case
Out of the Past
Learn More
Out of the Past
The Bishop's Wife
Learn More
The Bishop's Wife
Body and Soul
Learn More
Body and Soul
The Lady from Shanghai
Learn More
The Lady from Shanghai
A Double Life
Learn More
A Double Life
Daisy Kenyon
Learn More
Daisy Kenyon
The Fugitive
Learn More
The Fugitive
January 24, 1948 Trivia
Multiple choice - Includes a daily bonus question - Sign in to save + leaderboard - View all-time leaderboard
Score: 0 / 0
All-time leaderboard
Your results
The Story of January 24, 1948

On January 24, 1948, the Federal Reserve Board announced an increase in the reserve ratio for banks in major cities to 22% as a measure to curb inflation.

🧠 Inventions of 1948

Breakthroughs and everyday innovations from the year.

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

HEADLINES ON January 24, 1948

Full News Archive

  • Headline: Fed Reserve Boosts Reserve Requirements. Impact: This decision sent shockwaves through the financial world, indirectly causing the invention of coffee-flavored stress balls, which then fueled a caffeine addiction crisis among bankers. Who knew that a reserve ratio could lead to such caffeinated chaos?. Fact: Fun fact: the reserve ratio is like a bank's way of playing hide and seek with your money. Spoiler alert: they usually win..
  • Headline: The Life of L. D. McKaughan. Impact: The mere mention of L. D. McKaughan sparked a series of questionable investments in the 1950s. Rumor has it that his legacy includes a failed line of McKaughan-branded hair gel that promised to hold your style through even the worst storms.. Fact: L. D. McKaughan: the name sounds prestigious, but it could also be the secret identity of a superhero who fights boredom..
  • Headline: DR. EDWARD H. GANLEY. Impact: Dr. Ganley’s contributions to medicine prompted a series of medical advancements, ultimately resulting in the invention of the world's first self-diagnosing appβ€”because apparently, we needed more ways to misdiagnose ourselves.. Fact: Dr. Edward H. Ganley: because every medical revolution needs a name that sounds like it came from a Victorian novel..
  • Headline: Lily Windsor Leaves for Rome. Impact: Lily Windsor's departure for Rome triggered a cultural exchange that led to an unexpected trend of Americans adopting Italian hand gestures, which eventually devolved into a national championship of 'who can offend the most people with their hands.'. Fact: Lily Windsor’s trip to Rome was one of the first instances of someone deciding that pizza and pasta are worth any plane ticket, even in the '50s..
  • Headline: Winter's Cold Record Set; No Relief in Sight for Today; WORLD'S LARGEST LINER SLOWED BY NORTH RIVER ICE FLOES GOLD RECORD SET; NO RELIEF IN SIGHT. Impact: The cold wave led to an unexpected rise in indoor hibernation parties, which sparked a new trend in winter fashion: pajamas for all occasions. Who knew that ice could bring out the inner sloth in so many?. Fact: This record-setting cold was so bad that it inspired a new genre of music: 'Winter Blues.' It's basically just sad people singing about how they can't feel their toes..
  • Headline: NON-FILING UNIONS UPHELD AS AGENTS; Labor Department Solicitor Finds Lack of Affidavit No Bar to Bargaining Rights. Impact: This decision opened the floodgates for unions to form without the usual red tape, leading to a whole new era of unionized cats demanding better working conditions for their humans. Because why should they settle for anything less?. Fact: Unions are like clubs, but instead of meeting for coffee, they negotiate benefits. Who knew labor rights could be so... riveting?.
  • Headline: MME. ALEXANDER, A CONCERT SOPRANO. Impact: Mme. Alexander’s performances inspired a generation of diva wannabes, leading to an explosion of karaoke bars where off-key renditions of operatic arias still haunt the local scene to this day.. Fact: Being a concert soprano is like being a rock star, except instead of screaming fans, you get people quietly judging your high notes at formal events..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1948, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1948
$0.06
Value in 2025
$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
Value in 2025
$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
Value in 2025
$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