MARCH 12, 1948

FRIDAY
$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
I Remember Mama
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I Remember Mama
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 12, 1948 Trivia
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The Story of March 12, 1948

On March 12, 1948, the arrest of actress and suspected communist sympathizer Ruth Eisler marked a significant event as she was taken into custody by immigration officials for being an illegal visitor.

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 ON March 12, 1948

Full News Archive

  • Headline: Eisler's Wife Detained in 1948. Impact: This event led to a future where every spouse of a controversial figure had to navigate the treacherous waters of immigration policy. Who knew that Mrs. Eisler would spark a bureaucratic nightmare that rippled through generations, making every airport a potential interrogation zone for spouses?. Fact: Did you know that the term 'illegal visitor' sounds like an oxymoron? I mean, who visits illegally? That's like being a tourist without a passport or a pizza delivery guy who doesn't deliver pizzas!.
  • Headline: Contract Awarded for Parkway Turnouts. Impact: The awarding of this contract marked the beginning of an era where parkway turnouts would become the epicenter for awkward family road trip arguments. Thanks to this, countless families have had the pleasure of arguing over who forgot the snacks halfway to grandma's house.. Fact: Fun fact: Parkway turnouts are the only places where the phrase 'pulling over for a breather' takes on a whole new meaning. Who knew getting out of the car could be such an event?.
  • Headline: Truman Disputes Allegations Against Jews. Impact: This denial helped shape a narrative where political leaders learned the importance of public perception, leading to the rise of PR teams that would later craft slogans like 'No Comment is a Comment'. It's a slippery slope from denial to spin.. Fact: Did you know that political denials often come with a side of controversy? It’s like a buffet where everyone leaves with a different dish of confusion..
  • Headline: CHICAGO MAN GETS WELFARE POST HERE; R. M. Hilliard, Illinois Public Aid Head, Succeeds Fielding -- 4 Other Appointments CHICAGO MAN GETS WELFARE JOB HERE. Impact: This appointment unintentionally set off a chain reaction of job postings that led to the rise of the 'Chicago Man' stereotype in political appointments, resulting in the infamous 'What will they think of next?' meme decades later.. Fact: Chicago has a reputation for many things, but apparently, 'getting appointed to welfare posts' is now on the list. Next up: a reality show called 'Real Appointees of Chicago'..
  • Headline: ANTIQUES SHOW HERE PRAISED BY DEWEY. Impact: Dewey praising this antiques show led to a future where people began to hoard all manner of old junk, believing it might be worth something someday. Thanks to this, countless basements now resemble museums of questionable value.. Fact: Did you know that antiques shows were the original 'reality TV'? Nothing says excitement like watching someone haggle over a chipped vase!.
  • Headline: Austrian-Czech Parley Is Off. Impact: The cancellation of this parley set off diplomatic chain reactions that would eventually lead to an era where every international meeting came with the disclaimer 'subject to change without notice'. Because nothing says cooperation like a last-minute cancellation!. Fact: Did you know that 'parley' is just a fancy term for 'let's sit down and argue'? It’s the diplomatic equivalent of 'let’s agree to disagree'β€”but with more formal wear..
  • Headline: Stassen Calls for a Price-Support Policy Giving Farmers Fair Share of U. S. Income. Impact: This call for a price-support policy spawned a legacy of political promises to farmers that would later become the punchline of many a campaign joke. The phrase 'fair share' now echoes through the halls of power like a ghost refusing to leave.. Fact: Did you know that Stassen’s proposals were so popular they could have made a barn dance? Too bad no one ever showed up to the dance!.
  • Headline: Western Union Sells Office Building For $12,500,000 and Leases It Bach. Impact: This transaction marked the beginning of a trend where companies learned that leasing back their own properties was a fantastic way to disguise their financial chaos. Thanks to this, the phrase 'asset management' became synonymous with 'creative accounting'.. Fact: Did you know that selling a building and then leasing it back is like giving someone a cookie and then asking for it back? It’s all fun and games until someone realizes they still have to pay for the cookie!.
  • Headline: GOTTWALD OBTAINS A UNANIMOUS VOTE; Obedient Czech Parliament Records Approval of New Communist Regime GOTTWALD OBTAINS A UNANIMOUS VOTE. Impact: This unanimous vote ushered in an era of political obedience that would make future leaders question if voting was just a formality or a genuine expression of enthusiasmβ€”spoiler alert: it was more like the former.. Fact: Did you know that unanimous votes in politics are as rare as unicorns? Unless, of course, you're living in a regime where dissent is considered a hobby!.
  • Headline: SENATORS APPROVE A $4,772,600,000 CUT IN FEDERAL TAXES; Finance Committee, by 10-1, Votes Income-Levy Slash, but Less Than House Asked MOVE TAKEN TO BEAT VETO Higher Exemptions and Benefit for Couples Are Provided -- 3 Democrats Uphold Plan SENATORS APPROVE BIG SLASH IN TAXES. Impact: This tax cut led to a future where political parties would forever be locked in a dance of 'who can promise less tax' without actually reducing the services people rely on. It's like a game of musical chairs where everyone is seated but no one is happy.. Fact: Did you know that cutting taxes and maintaining services is like trying to make a sandwich with no bread? Good luck with that!.

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