FEBRUARY 16, 1948

MONDAY
$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
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 Treasure of the Sierra Madre
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The Treasure of the Sierra Madre
Call Northside 777
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Call Northside 777
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 16, 1948 Trivia
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The Story of February 16, 1948

On February 16, 1948, Austria initiated a significant diplomatic request to the Soviet Union, seeking a reduction of $50 million in claims related to industrial plants.

Inventions & Breakthroughs of February 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 ON February 16, 1948

Full News Archive

  • Headline: Austria Reduces Soviet Claims in 1948. Impact: Austria's request for a cut in claims accidentally led to a secret alliance between Austria and a group of disgruntled Soviet pigeons. The pigeons, feeling slighted by the lack of respect from world leaders, began delivering messages that influenced international conversations for decades. Who knew a bird could change the course of diplomacy?. Fact: Did you know that the Soviet Union once had a plan to train pigeons to deliver secret messages? Guess they were just a bit too busy with their 'friends' in Austria..
  • Headline: Violent Earthquake Strikes North Peru. Impact: The violent quake in North Peru sparked an underground movement among llamas, who banded together to form the Llama Liberation Front, arguing they deserved equal rights in the tourism industry. The movement eventually led to a llama-themed reality show that captured the world's hearts. Talk about a shake-up!. Fact: Did you know that llamas can actually carry up to 25% of their body weight? So, when they finally demand their rights, they won't be carrying any baggage!.
  • Headline: Congress Moves to Extend Rent Controls. Impact: The stop-gap rent stay created a domino effect that eventually led to an underground economy of rent-controlled apartments being traded like PokΓ©mon cards. People became rent collectorsβ€”'Gotta catch 'em all!' became a slogan for both landlords and tenants.. Fact: Did you know that the term 'stop-gap' originated from people literally using gaps in their roof to stop leaks? So, if you’re in a rent crisis, just grab some duct tape!.
  • Headline: MISS HELEN BOLAND. Impact: The mention of Miss Helen Boland in the headlines led to a bizarre cult following that believed she was the reincarnation of a famous ancient philosopher. This cult’s influence led to the rise of 'Bolandism,' a philosophical movement that focused solely on the merits of chocolate cake.. Fact: Did you know that Helen Boland has no known historical significance? But if she had cake, she’d probably be a legend by now!.
  • Headline: DOMINICAN EXPORTS UP; Sugar Led in Volume Last Year, Says Republic's Report. Impact: The spike in Dominican sugar exports inadvertently caused a global sugar shortage that led to the rise of a black market for sweeteners, where people were trading candy like it was a precious commodity. A real sweet deal gone sour!. Fact: Did you know that sugar was once so valuable it was used as currency? So, if you have a sweet tooth, you might just be sitting on a goldmine!.
  • Headline: Chile Seizes Russian. Impact: Chile's seizure of Russian leaders sparked a bizarre international trend of countries holding 'World Leader Swap' parties, where nations exchanged leaders for a month to spice things up. This led to a year where all global decisions were made by a particularly confused Brazilian parrot.. Fact: Did you know that parrots can mimic human speech? So, perhaps that parrot had a better grasp of foreign policy than some leaders!.
  • Headline: 4 AMERICAN FILMS IN 'OSCAR' CONTEST; 'Gentleman's Agreement' Wins Nominations in Six Groups -- British Picture Listed. Impact: The suppression of the Communist paper in Brazil ignited a secret graffiti movement where dissenters expressed their opinions on bathroom stalls across the nation. The movement eventually led to the first 'Bathroom Revolution,' where toilet humor became a legitimate form of protest.. Fact: Did you know that graffiti has been around since ancient Rome? Seems like some things never change, including the humor level!.
  • Headline: Brazil Suppresses Reds' Paper. Impact: The seminary choir's services became so popular that they accidentally started a trend of religious rock concerts, leading to the rise of 'Heavenly Harmonies' festivals where people flocked to hear gospel choirs cover classic rock songs. Who knew God had a thing for guitar solos?. Fact: Did you know that some of the most famous rock stars were raised in religious environments? Apparently, that rebellious streak starts young!.
  • Headline: SERVICES CONDUCTED BY SEMINARY'S CHOIR. Impact: Paraguay's election of a one-party ticket led to a series of increasingly bizarre political decisions, including mandatory siestas for all government employees. This established Paraguay as the nap capital of the world, making it a popular tourist destination for people who love to sleep.. Fact: Did you know that the average person spends about 1/3 of their life sleeping? Guess Paraguay just wants to help you β€˜maximize’ that time!.
  • Headline: PARAGUAY ELECTS ONE-PARTY TICKET; Gonzalez Is Named President for 5-Year Term -- Takes Office on Aug. 15.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1948, here's what the stored 2025 dataset estimates.
Rank #1
JNJ
Johnson & Johnson
Price in 1948
$0.06
2025 dataset 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
2025 dataset 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
2025 dataset 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