JANUARY 31, 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 31, 1948
1 The Treasure of the Sierra Madre
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The Treasure of the Sierra Madre
2 Gentleman's Agreement
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Gentleman's Agreement
3 Duel in the Sun
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Duel in the Sun
4 It's a Wonderful Life
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It's a Wonderful Life
5 The Best Years of Our Lives
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The Best Years of Our Lives
6 The Man I Love
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The Man I Love
7 The Yearling
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The Yearling
8 Undercurrent
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Undercurrent
9 Notorious
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Notorious
10 The Bachelor and the Bobby-Soxer
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The Bachelor and the Bobby-Soxer
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
The Lady from Shanghai
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The Lady from Shanghai
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 31, 1948 Trivia
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The Story of January 31, 1948

On January 31, 1948, a significant political shift was underway as the House Ways and Means Committee prepared to propose amendments to the Knutson Bill, aiming to cut estate and gift taxes.

🧠 Inventions of 1948

Breakthroughs and everyday innovations from the year.

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

HEADLINES ON January 31, 1948

Full News Archive

  • Headline: Tribute to Mrs. John Oakman. Impact: If Mrs. John Oakman had never existed, it’s entirely possible that the entire concept of Mrs. John Oakman might have been lost to time, leading to a global shortage of names for women who are married. What a tragedy that would be!. Fact: Did you know that Mrs. John Oakman is actually a distant relative of Mrs. John Doe? Family reunions must be a blast!.
  • Headline: Students Experience Wagner's Tannhaeuser. Impact: The attendance of students at Wagner's 'Tannhaeuser' may have inspired a generation of opera enthusiasts, leading to a world where everyone passionately debates whether opera singers or rock stars have better stage presence. Spoiler: it's always the opera singers.. Fact: Did you know that Wagner was known for his extravagant length? I mean, his operas could make a Netflix binge-watch session seem like a quick commercial break!.
  • Headline: Changes to Estate and Gift Taxes Proposed. Impact: The change in the Knutson Bill could have ignited a series of tax revolts, leading to a world where everyone is avoiding taxes like they avoid their exes at a party. Thanks, politicians!. Fact: Did you know that cutting estate and gift taxes is like trying to diet by eating an entire cake? It feels good until you realize you’ve just made a huge mess!.
  • Headline: Refuses to Delay Longo Trial. Impact: The refusal to delay Longo's trial could have set a precedent for speedy trials, leading to a legal system where everyone is constantly rushing, like a mob of shoppers on Black Friday. Good luck with that!. Fact: Did you know that in a parallel universe, Longo is actually a stand-up comedian who only tells lawyer jokes? How ironic!.
  • Headline: TREND TO MARXISM IS LAID TO 'CASTES'; Dr. Pollard of Human Relations Institute Traces Unrest to Childhood Wrongs. Impact: Dr. Pollard's claims about the trend to Marxism could have sparked a philosophical revolution leading to a society obsessed with discussing childhood wrongs at brunches, while sipping overpriced lattes. Cheers to that!. Fact: Did you know that Marxism was actually just an elaborate scheme to get everyone to share their toys? Share, kids, share!.
  • Headline: 28,000 Auto Plates Sold in Day. Impact: The sale of 28,000 auto plates in a day could have triggered a mass obsession with license plates, leading to a world where people collect plates like PokΓ©mon cards. Gotta catch 'em all!. Fact: Did you know that if you look closely, some license plates have puns that make dad jokes look like Oscar-winning material? Yes, they exist!.
  • Headline: EARL SHUBERT. Impact: Earl Shubert's existence alone could have inspired countless aspiring theater producers to take the plunge, resulting in a Broadway filled with musicals about everything from cats to the life of a sandwich. Truly riveting!. Fact: Did you know that Earl Shubert once tried to produce a musical about his cat? It was a flop, but the cat still gets royalties!.
  • Headline: HARVARD PRESS CHANGES; Smith to Assist Director, With Carrel Heading Sales, Promotion. Impact: The changes at Harvard Press could have led to a drastic shift in academic publishing, resulting in every single academic paper being written in the form of a haiku. How poetic!. Fact: Did you know that academic presses have more drama than daytime soap operas? Just when you think it’s settled, another scandal emerges!.
  • Headline: LEONARD EISNER IN PIANO RECITAL; Beethoven Sonata, Debussy Works and Bach 'Toccata' Offered at Town Hall. Impact: Leonard Eisner's piano recital may have inspired an entire generation of musicians, leading to an influx of piano bars where the only requests are classical pieces. Hope you like Beethoven with your martini!. Fact: Did you know that if you play a Bach 'Toccata' backwards, it sounds like a cat walking across a piano? Just a fun fact for your next dinner party!.

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