APRIL 16, 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 Big Clock
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The Big Clock
The Naked City
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The Naked City
Mr. Blandings Builds His Dream House
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Mr. Blandings Builds His Dream House
The Search
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The Search
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
April 16, 1948 Trivia
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The Story of April 16, 1948

On April 16, 1948, the spotlight was on a crucial decision pending from the courtroom regarding the trial of John L.

Inventions & Breakthroughs of April 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 April 16, 1948

Full News Archive

  • Headline: Payment Extension for Newark Port. Impact: If Newark hadn't gotten that 5-year payment plan, we might have seen a massive exodus of port workers leading to a nationwide shipping crisis. Imagine a world where Amazon packages took 6 months to arrive. Chaos, I tell you.. Fact: Newark is known for its port, but if you ask locals, they'll probably complain about the traffic more than the shipping..
  • Headline: Lewis Trial Concludes; Ruling Pending. Impact: The trial's conclusion set off a chain reaction of labor movements and strikes leading to a heightened awareness of workers' rights. If Lewis had been declared innocent, we might still be working 80-hour weeks.. Fact: Fun fact: J.L. Lewis was often compared to a modern-day David fighting the Goliath of corporate greed, but with less slingshot and more paperwork..
  • Headline: ITALY TO HOLD MASS EARLY ON VOTING DAY. Impact: The early mass dispensation set a precedent that allowed religious institutions to meddle in politics. Thanks to this, we now have the delightful mix of religion and legislation that keeps us all on our toes.. Fact: Italy has a penchant for early masses, which seems to imply that they take both spirituality and voting very seriouslyβ€”like a holy trifecta of civic duty..
  • Headline: House Unit Backs Tidelands Bill. Impact: The House committee's approval of the tidelands bill led to the great American land grab and a future of questionable offshore drilling practices. Who knew a few politicians could unleash such environmental chaos?. Fact: Tidelands are an interesting topic; they're basically just fancy ways of saying 'let's fight over who owns the beach.'.
  • Headline: ARTS, CRAFTS SHOW ON; Cooper Union Museum Display Recalls New York of 1800's. Impact: The Cooper Union Museum display reminded everyone of the good old days, leading to a resurgence in hipster appreciation for all things vintage. If only they knew how much effort it takes to look that effortlessly cool.. Fact: The 1800s were a time of great innovation and also terrible fashion choices. Thank goodness history is kind to our current wardrobe..
  • Headline: TWU VOTES STRIKE ON 3 TRANSIT LINES; BOARD TO SET TIME; Quill Indicates Board Will Call Stoppage Sunday on Routes Carrying 3,200,000 Daily FARE INCREASE IS NEARER AFL and CIO Leaders Agree to Accept Mayor's Decision on Demand for Rate Rise TWU Votes Strike on 3 Lines; Leaders May Set It for Sunday. Impact: The TWU strike vote created a domino effect in labor movements across the country, leading to the eventual rise of 'Transit Mondays' where everyone just stayed at home because they heard traffic was a nightmare. Thanks, Union!. Fact: Transit fare increases are a bit like taxes; everyone hates them but they just keep coming back like a bad penny..
  • Headline: Books of the Times. Impact: Steinbeck's Russian Journal may have sparked a literary movement leading to endless 'travel diary' blogs. Thanks, John, for giving us the modern equivalent of 'look what I did on vacation!'. Fact: Steinbeck wrote this journal to understand the USSR better, proving that writers might just be the original travel influencersβ€”minus the selfies..
  • Headline: CHILDS DENOUNCES DEWEY'S CHARGES; Calls Assertion That Liberal Party Was Communist Ally 'Ungrounded Attack'. Impact: Childs' denouncement of Dewey's charges may have inadvertently led to modern political spin doctrines, where blaming the opposition has become a fine art. Thanks to that, we now have 24-hour news cycles dedicated to finger-pointing.. Fact: Calling someone a communist is a classic go-to tactic in politics, like the adult version of 'you're not my friend anymore.'.

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