MAY 1, 1948

SATURDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1948
WOULD HAVE MADE YOU $4,834,154 IN 2025
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 By May 1, 1948
1 The Treasure of the Sierra Madre
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The Treasure of the Sierra Madre
2 Mr. Blandings Builds His Dream House
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Mr. Blandings Builds His Dream House
3 The Naked City
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The Naked City
4 The Search
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The Search
5 State of the Union
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State of the Union
6 Call Northside 777
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Call Northside 777
7 Letter from an Unknown Woman
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Letter from an Unknown Woman
8 Notorious
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Notorious
9 The Best Years of Our Lives
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The Best Years of Our Lives
10 Duel in the Sun
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Duel in the Sun
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 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
The Lady from Shanghai
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The Lady from Shanghai
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
May 1, 1948 Trivia
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The Story of May 1, 1948

On May 1, 1948, the art community celebrated as a young night watchman, whose talents in painting had been recognized, won a $2,500 traveling scholarship.

🧠 Inventions of 1948

Breakthroughs and everyday innovations from the year.

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

HEADLINES ON May 1, 1948

Full News Archive

  • Headline: Night Watchman Becomes Art Scholar. Impact: This young artist's scholarship led to a chain of events where he inspired a future generation of museum guards to pursue art, ultimately leading to a world where every museum has a 'guard-art' section. Who knew security could be so avant-garde?. Fact: Did you know that if all museum guards suddenly became painters, we might end up with a new movement called 'Securityism'?.
  • Headline: Judge Taylor Dies After Notable Service. Impact: Judge Taylor's passing marked a significant moment in the judicial history of Brooklyn, leading to a re-evaluation of legal practices and a surge in true crime documentaries. His legacy now haunts every courtroom drama.. Fact: Judge Taylor's involvement in the 'Murder, Inc.' trials made him the real-life version of a gritty detective. If only he had a cool theme song!.
  • Headline: JUMPER SUN BEAU VICTOR AT NEWARK; Sterling Smith Entry's Two Perfect Rounds Win Second Phase for Barrie Trophy. Impact: This victory cemented the reputation of jumper horses and made them the darlings of the equestrian world, leading to an increase in equine fan clubs and an awkward number of horse-themed merchandise.. Fact: Fun fact: After this win, a horse named 'Sun Beau' inspired a line of sunglasses called 'Equestrian Chic.' Who knew horses had such style?.
  • Headline: RECONVERTED FOR USE AS AN ARMY TRANSPORT. Impact: The conversion of these transports foreshadowed the military's knack for recycling, leading to a future trend where everything from tanks to office supplies would be repurposed, and suddenly, nothing was ever new again.. Fact: Did you know that converting transports is the military's version of a DIY project? Next up: 'How to Turn a Tank into a Coffee Shop!'.
  • Headline: STRAUSS IN BREAK WITH RING PILOTS; Refuses to Deal Further With Managers Guild on Boxers' Share of Video Receipts. Impact: This public spat over video receipts inadvertently led to the rise of streaming services, as promoters realized they could make more money by cutting out the middlemenβ€”much to the chagrin of managers who were left in the ring without a fighter.. Fact: Did you know that this moment was the beginning of a long feud that would eventually inspire a reality show called 'Boxing Managers Gone Wild'?.
  • Headline: REPUBLICANS OFFER ATOM BILL TO AVOID TEST ON EXTENSION; Party Chiefs Reply to Truman With a Measure to Revise Tenure to June 30, 1950 FOR CHANGE IN BASIC ACT Hickenlooper Denies a Charge of Politics, but Democrats Prepare for Struggle REPUBLICANS' BILL BARS ATOMIC TEST. Impact: This legislative maneuver set the stage for decades of political wrangling over nuclear policies, ultimately resulting in a world where 'atomic' became a buzzword used in everything from politics to breakfast cereals.. Fact: If only Congress could have used their energy to solve world hunger instead of squabbling over atomic policies. But where's the drama in that?.
  • Headline: REEVE DEFEATS FORSTER; Bayside Ace Wins, 15-3, 15-6, in Squash Tennis Final. Impact: Reeve's squash victory inadvertently inspired a wave of squash enthusiasm that led to the creation of fancy squash clubs, where people wear headbands and talk about their 'squash journeys' as if they were on a spiritual quest.. Fact: Did you know that the real winner of that match was the sport of squash? It finally got the attention it desperately cravedβ€”right before being overshadowed by pickleball!.
  • Headline: Shipping News and Notes; Craft Carrying Truck Trailers Kept Idle, but Labor Leaders Deny Any Work Boycott. Impact: The idle trailers became a symbol of labor disputes, eventually leading to a series of strikes that would make labor unions the rock stars of the working class. Who knew trailers could be so iconic?. Fact: Fun fact: If labor leaders had a band, their first album would be called 'Idle Trailers and Labor Tales.'.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1948, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1948
$0.06
Value in 2025
$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
Value in 2025
$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
Value in 2025
$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