MARCH 5, 1948

FRIDAY
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 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 Naked City
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The Naked City
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

March 5, 1948 Trivia

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Exact-date daily brief

March 5, 1948

On March 5, 1948, Secretary of Commerce W. Averell Harriman postponed the public release of a report regarding the findings of the Condon Committee, which had been investigating allegations of disloyalty among government employees...

Inventions & Breakthroughs of March 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 March 5, 1948

Full News Archive

  • Headline: Harriman Withholds Condon Report. Impact: Harriman's refusal to reveal loyalty records led to a secret society of disgruntled scientists forming in the 1960s, which eventually birthed a bizarre cult that believed they could communicate with the spirit of Nikola Tesla. Spoiler alert: they couldn't. Fact: Did you know that keeping secrets often leads to more secrets? It's like a conspiracy theory snowballing into an avalanche of awkward dinner conversations.
  • Headline: Check Clearing Rates Rise in 1948. Impact: This insignificant uptick in check clearing caused a butterfly effect that led to the invention of online banking, which in turn ruined countless coffee shop conversations about 'the good old days' of paper checks. Fact: Did you know that 3.2% is just slightly more than the percentage of people who still write checks at the grocery store?.
  • Headline: Celebrating Mrs. A. G. Woodfield. Impact: Mrs. Woodfield’s mere existence prompted generations of 'Mrs. So-and-so' headlines, inevitably resulting in a lifetime of women feeling underappreciated by just being defined by their marital status. Fact: Did you know that 'Mrs.' has been the subject of countless debates on whether it's a title of respect or just a way to remind women they're someone's property?.
  • Headline: VIRGINIANS OPPOSE ANTI-TRUMAN BILL; Truck Proposal Criticized at Public Hearing, but May Go to Legislature Today. Impact: The opposition to this bill sparked a long-standing tradition of public hearings being just glorified shouting matches, ultimately leading to the rise of professional protestors who are now skilled in the art of dramatic eye-rolling. Fact: Did you know that public hearings are just the adult version of 'everyone gets to talk but no one listens'? It's democracy in action!.
  • Headline: FILMS UPSIDE DOWN IN UNION PROTEST; Projectionists Use 'Annoyances' to Stress Their Opposition to Theatres' Offer. Impact: This protest triggered a nationwide movement of disgruntled projectionists who eventually became the first to invent the concept of 'upside-down film festivals', which ironically had a lot of people leaving the theater confused. Fact: Did you know that projectionists have secretly dreamed of becoming performance artists? There’s nothing quite like a dramatic showing of a film upside down to leave the audience questioning their life choices.
  • Headline: 31 Army Reserve Units Added. Impact: The addition of these reserve units paved the way for more bureaucratic paperwork, which eventually led to the invention of the phrase 'just one more form to fill out'β€”the true bane of military life. Fact: Did you know that adding reserve units is just like adding more tabs to your browser? It feels like a good idea until you realize you can't find anything anymore.
  • Headline: ITU DEMANDS HELD THREATENING PRESS; If Union Is Unchecked, Results Will Be 'Disastrous,' Court in Indianapolis Is Told. Impact: This dramatic warning from the ITU set off a chain reaction of press freedom debates, ultimately leading to a new genre of dystopian novels where the press is controlled by a shadowy cabal of Wi-Fi providers. Fact: Did you know that 'disastrous' is just corporate speak for 'we're really bad at handling criticism'?.
  • Headline: Abdullah Lays Arab Anger at U.S. To an 'Injustice' Done by a 'Friend'; Trans-Jordan Ruler Bars 'Enemy' Sentiment Over Our Partition Stand -- He Also Sees Good Signs in Latest U.N. Moves. Impact: Abdullah's diplomatic balancing act inspired future leaders to master the art of saying nothing while looking busy, thus giving rise to the modern-day politician’s mantra: 'Let’s just agree to disagree and move on.'. Fact: Did you know that 'friend' in political terms often means 'someone who will stab you in the back but make it look like a hug'?.

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