MARCH 17, 1948

WEDNESDAY
$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 17, 1948 Trivia
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The Story of March 17, 1948

On March 17, 1948, the United States faced significant disruptions in meat production as a result of a strike led by the Congress of Industrial Organizations (CIO).

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 17, 1948

Full News Archive

  • Headline: CIO Walkout Halves U.S. Meat Production. Impact: The CIO walkout sliced meat output in half, which apparently meant people had to start eating salad. This created a surge in lettuce sales, leading to the rise of the organic food movement and hipster farmers' markets decades later. Who knew a meat strike could lead to quinoa?. Fact: Meat shortages during strikes have a funny way of making people realize how much they actually love their baconβ€”just not enough to cross a picket line..
  • Headline: House Approves Local Rent Control Bill. Impact: The House voted for rent control, which meant landlords had to get creative with 'incentives' like charging you for your own heat. This eventually led to a whole new genre of reality TV shows featuring people living in their parents' basements.. Fact: Rent control might seem like a good idea, but it’s kind of like putting a Band-Aid on a broken leg and hoping it'll heal. Spoiler: it doesn't..
  • Headline: DP ACCUSED AS SMUGGLER; Perfume and Watches Reported Found in Pole's Luggage. Impact: The Polish refugee's smuggling escapade turned out to be the start of a great underground market for luxury items that would inspire countless heists in movies. All thanks to one guy trying to make a quick buck!. Fact: J Szafranski's smuggling career might not have gone as planned, but it definitely made for an interesting story. I mean, who doesn’t want to hear about perfume and watches being smuggled like they’re gold bars?.
  • Headline: GERMAN REDS HINT AT 'WAR' ON WEST; Revolt Talk Heard as Prelude to People's Congress -- Action Groups' Existence Verified. Impact: The German Reds hinting at a 'war' on the West led to a decades-long game of geopolitical chess where neither side truly understood the rules. This created a culture of paranoia that inspired Cold War movies and the phrase 'better safe than sorry.'. Fact: Hinting at war is like throwing a rock in a glass houseβ€”someone’s bound to get hurt, and it’s usually the innocent bystanders. The Cold War was pretty much just a really long, awkward silence..
  • Headline: ORMANDY OFFERS WORKS BY BRAHMS; Leads Philadelphia Orchestra in Carnegie Hall Concert -Rudolf Serkin Is Soloist. Impact: Ormandy's concert at Carnegie Hall ushered in a wave of classical music appreciation, leading to hipsters swarming like bees to a flower, sipping overpriced coffee while pretending to love Brahms. Thanks, Ormandy!. Fact: You could say that Ormandy's concert was the original 'Netflix and chill' for the cultured crowdβ€”except it involved a lot more violins and a lot less... you know..
  • Headline: AT THE THEATRE. Impact: G.B. Shaw's play 'You Never Can Tell' became a staple of community theaters everywhere, ensuring that every small town had at least one production that was painfully awkward and overly dramatic. Thanks, Shaw, for giving high school drama clubs something to butcher for decades.. Fact: Shaw’s work has been performed so many times that it practically has its own Wikipedia page for all the terrible adaptations. Truly a sign of a classic!.
  • Headline: SEES KEY ADVISERS; President Works Into the Evening on Message on Foreign Affairs FORRESTAL IS CONSULTED Marshall and Bohlen Also on Hand -- 'Preview' for Leaders of Congress Is Canceled CONGRESS AWAITS TRUMAN MESSAGE. Impact: Truman's consultation with key advisers was like a group project where no one wanted to do the work, resulting in a foreign policy that was as coherent as a drunken rant. This paved the way for every future president's cabinet to be filled with 'yes men.'. Fact: Consulting advisers only works if you actually listen to them. Otherwise, it’s just a fancy way of saying, 'I’m going to do what I want anyway.'.
  • Headline: Germans' Bizonal Council Ousts Communist for Implied Slander; GERMANS' COUNCIL OUSTS COMMUNISTS. Impact: The ousting of the Communist from the Germans' Bizonal Council set a precedent for political drama that would inspire soap operas and political thrillers for decades to come. Who knew politics could be so entertaining?. Fact: This incident is like the beginning of a bad sitcomβ€”everyone knows it’s a mess, but they just keep tuning in to see what ridiculous thing happens next..

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