MAY 4, 1948

TUESDAY
$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
State of the Union
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State of the Union
Letter from an Unknown Woman
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Letter from an Unknown Woman
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
May 4, 1948 Trivia
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The Story of May 4, 1948

On May 4, 1948, a tornado struck two towns in Texas, causing significant destruction and resulting in at least three fatalities and numerous injuries.

Inventions & Breakthroughs of May 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 May 4, 1948

Full News Archive

  • Headline: Overtime Standards Act Controversy. Impact: This push for clearer overtime standards was the first domino in a chain of events that ultimately led to a nationwide obsession with work-life balance. If Congress had just let it go, maybe we would have mastered the art of napping at work by now.. Fact: The only thing more confusing than overtime regulations is trying to explain them to your bossβ€”who probably thinks 'overtime' is a term used in sports..
  • Headline: Indonesia's UN Report on Dutch Actions. Impact: By ignoring the charges, this report set a precedent for diplomatic negligence that would resonate through the ages. Who knew that ignoring problems could lead to decades of unresolved international tensions and a few awkward family dinners?. Fact: In case you were wondering, ignoring serious allegations is a long-standing tradition in international diplomacyβ€”who needs accountability anyway?.
  • Headline: Texas Tornado Devastates McKinney and Princeton. Impact: This tornado became a symbol of nature's wrath, sparking a surge in meteorology studies. Little did they know, each subsequent tornado warning would lead to millions of people buying storm shelters and a booming business in 'Tornado Preparedness' kits.. Fact: Tornadoes are basically nature's way of reminding us that even the sky has a bad day. But hey, at least the kids were safeβ€”silver linings, right?.
  • Headline: Hutchins to Talk in Frankfort. Impact: This speech at the centennial of the 1848 revolution inspired a generation of political activists, setting off a chain reaction that would eventually lead to Facebook groups dedicated to discussing the merits of 19th-century revolutions.. Fact: Turns out, commemorating revolutions is a great way to ensure that no one actually learns from historyβ€”revolution or not, we seem to repeat the same mistakes over and over!.
  • Headline: U.S. Recognizes Siamese Regime. Impact: By acknowledging the Siamese regime, the U.S. inadvertently started a trend of recognizing every questionable government out there. Fast forward a few decades, and here we areβ€”still trying to figure out the difference between a dictatorship and a reality TV show.. Fact: Interestingly, 'Siam' is just a fancy name for Thailand. I guess they thought it sounded more exoticβ€”because who doesn't want their regime to have a touch of mystery?.
  • Headline: ATOMIC AIDE TESTS PUT UP TO TRUMAN; Congress Passes Bill to Let Senators Ask FBI to Check on Appointees to AEC ATOMIC AIDE TESTS PUT UP TO TRUMAN. Impact: This bill opened the floodgates for government transparencyβ€”or maybe it was just an elaborate attempt to keep the bad apples from getting too close to the nuclear button. Either way, the aftermath left us all wondering if our leaders even passed their background checks.. Fact: Fun fact: The FBI has more juicy secrets than Hollywood! Unfortunately, they don't hand out audition notices for all the roles in our government..
  • Headline: ISACSON SEEKS VISA; He Says if British Don't Grant It, New Jewish State May. Impact: Isacson's pursuit of a visa became a small but mighty catalyst for international diplomacy. If the British had just granted it, who knows? We might have bypassed decades of conflict and instead enjoyed a delightful history of tea and crumpets.. Fact: Visa applications: The only thing more tedious than waiting in line for coffee at a hipster cafΓ©. And just like that cafΓ©, the process can leave you wondering if it's even worth it in the end..
  • Headline: ATHENS WILL TRY MARKOS IN KILLING; Rebel Chief to Be Prosecuted in Absentia -- Venizelos Is Likely for Justice Post. Impact: The prosecution of Markos in absentia was a bold move that underscored the complexities of justice in a post-war society. You know, because nothing says 'fair trial' like trying someone who isn't even thereβ€”what could possibly go wrong?. Fact: In absentia trials are like sending out wedding invites to people who don't actually existβ€”sure, they might be a great idea in theory, but in practice? Not so much..
  • Headline: Iranians Cheer Ex-Premier. Impact: The warm welcome for the ex-Premier set off waves of political nostalgia that would influence future leaders to seek the approval of the populace in increasingly dramatic fashion. Little did they know, this would lead to political rallies looking more like rock concerts.. Fact: It's said that political figures are like ex-boyfriends: just when you think they're out of your life, they come back for an awkward reunion. In this case, the cheering crowds were the emotional rollercoaster!.
  • Headline: TRUMAN GREETS DANCER; Bill Robinson Obtains Autograph, Says 'He's My Man'. Impact: This seemingly innocuous encounter between Truman and Robinson rekindled America's love affair with showbiz politics. From that day forward, it became clear that charisma could trump actual policy any day of the week.. Fact: Bill Robinson was a legendary tap dancer, but let's be honestβ€”Truman probably just wanted an autograph to impress his friends. Because nothing screams 'I'm a serious leader' like collecting celebrity signatures!.

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