FEBRUARY 7, 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 February 7, 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
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
February 7, 1948 Trivia
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The Story of February 7, 1948

On February 7, 1948, discussions surrounding the allocation of federal road funds took center stage as state officials sought to redirect U.

🧠 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

The Sounds of

The biggest hits of the year β€” Top 10 Pop & Country chart toppers

HEADLINES ON February 7, 1948

Full News Archive

  • Headline: State Seeks Federal Funds for Roads. Impact: This request for shifting road funds caused a ripple effect that led to the invention of the 'Road Trip' as a legitimate form of procrastination. Thanks to the state for letting us justify our wanderlust!. Fact: Did you know that the U.S. highway system was so well-funded that it accidentally created a new breed of 'road warriors' who think they can live off gas station snacks?.
  • Headline: Article 4 -- No Title. Impact: Fraser's congratulatory article set a precedent for all future congratulatory notes, leading to an avalanche of passive-aggressive congratulatory posts on social media. Thanks, Washington!. Fact: Did you know that congratulating someone can sometimes be more about you than them? Just look at how many people post 'Congrats!' on social media while secretly wishing they had your life..
  • Headline: St. Lawrence Skiers Take Lead In State Collegiate Title Meet; Wright Cross-Country Victor as Fife Ties Sorkness of R.P.I. for Downhill Honors -- Group Margin to Queens U. Team. Impact: This skiing championship not only sparked a fierce rivalry among collegiate athletes but also inspired the creation of 'extreme sports' as a way to avoid traditional athleticism. Thanks, ski champions!. Fact: Did you know that skiing was once considered too 'gentlemanly'? Now it’s about racing down a hill at breakneck speed while wearing spandex. Progress!.
  • Headline: PIRIE YACHT WINS AT HAVANA AGAIN; Twin Star Records Second in Row in Cuba Cup Series -- Kurush Next to Finish. Impact: Pirie's yacht victory was the butterfly that flapped its wings and ultimately caused a global obsession with sailing, leading to many 'yacht parties' that nobody actually enjoys. Thanks for the champagne hangovers!. Fact: Did you know that yacht racing is basically just a fancy way to determine who can afford the most expensive boat? It's like the Olympics, but with a lot more sunscreen and a lot less athleticism..
  • Headline: INFLATION 'WEAKENING'; Statistician Says Price Decline Will Bare Speculations. Impact: The statistician's insights on inflation not only helped shape economic policies but also led to the rise of the phrase 'it's all in your head,' which is now used to dismiss every financial crisis ever. Thanks for keeping us grounded!. Fact: Did you know that economists have a great sense of humor? They call recessions 'economic slowdowns'β€”like it's just a gentle reminder to take it easy..
  • Headline: BUSINESS WORLD. Impact: The NY Trade Board's push for repeal of the export license section was the spark that ignited a thousand bureaucratic debates. This event set the stage for future generations to realize that red tape is a sport in itself!. Fact: Did you know that the export license process is so complicated that it has its own fan club? Just kiddingβ€”no one actually enjoys paperwork that much!.

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