MAY 5, 1948

WEDNESDAY
1948 Coca-Cola advertising artwork
$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
Show screen release and event cards
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 5, 1948 Trivia

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Exact-date daily brief

May 5, 1948

On May 5, 1948, the awarding of contracts for Veteran Affairs (VA) hospitals marked a significant step in the post-World War II focus on veteran care in the United States. As the nation was still addressing the repercussions of th...

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 From May 5, 1948

Full News Archive

  • Headline: VA Hospital Contracts Awarded in Newark. Impact: With the awarding of these contracts, Newark became the unlikely headquarters for the future of veteran healthcare. This led to an explosion of medical innovations that would eventually make doctors start wearing capes... or at least scrubs with superhero logos. Fact: Did you know that awarding contracts can sometimes feel like a game of Monopoly? Someone always ends up in the hospital, and others just go broke.
  • Headline: Resolution on Early Loan Oversubscription. Impact: The early oversubscription to loans sparked a financial frenzy that made everyone wonder if they were in a real-life version of 'The Hunger Games'β€”but with more spreadsheets and fewer arrows. Fact: Did you know oversubscribing to loans is like ordering too many pizzas? At first, it sounds great until you realize you can't eat that much without feeling sick!.
  • Headline: Jewish Displaced Persons Aim for Palestine. Impact: The shift in preference from Palestine to the US among Jewish Displaced Persons created ripples in migration patterns that led to cultural exchanges, resulting in bagels becoming more popular than pita bread in certain neighborhoodsβ€”sorry, Palestine. Fact: Did you know that the US has welcomed more flavors than just bagels? But hey, who would say no to a good brunch?.
  • Headline: Reporters Jailable Under Bill Approved by House Group; BACKS BILL PUTTING PRESS IN JEOPARDY. Impact: This bill, once passed, set a precedent for press freedom debates that would echo through history, eventually leading to the invention of the phrase 'fake news'β€”because nothing says 'democracy' like a little censorship. Fact: Did you know that jailing reporters is usually a sign that the government is feeling a little too comfortable? Just remember, freedom of speech is great until it makes someone uncomfortable.
  • Headline: BLOOD FOR ZION SOUGHT; Hadassah to Obtain Plasma Through Hospitals Here. Impact: Hadassah's initiative to gather blood for Palestine created a rallying point for humanitarian efforts, which over time led to many dance marathons and bake sales that, while well-intentioned, did not quite match the urgency of the original cause. Fact: Did you know that fundraising efforts often involve more cookies than blood? It's a sweet irony.
  • Headline: Hungary Passes Outlaw Bill. Impact: This bill stripped political refugees of citizenship, creating a ripple that would lead to countless stories of resilience and the eventual establishment of underground networks, proving yet again that people are pretty darn creative when their backs are against the wall. Fact: Did you know that Hungary's Parliament had a knack for making history with its laws? They really knew how to turn the tables on human rights.
  • Headline: OTHER COMPANY MEETINGS. Impact: The annual meeting where three directors were elected became the stuff of corporate legend, inspiring a series of motivational posters that would have otherwise never existed. Who knew boardrooms could be so thrilling?. Fact: Did you know that company meetings often have the same excitement level as watching paint dry? At least with paint, there’s a chance it might turn out interesting.
  • Headline: None Injured in U.N. Autos. Impact: The report of no injuries in UN autos reinforced the idea that even international diplomacy requires a bit of luck, setting a precedent for future UN vehicle safety protocols that are still debated at cocktail parties. Fact: Did you know that UN vehicles have more safety features than your average car? Because what’s more important than a safe ride to a diplomatic disaster?.
  • Headline: CLERK MIXES MENUHINS; Jersey Doctor and Violinist Meet Up in Plane. Impact: The chance meeting of a doctor and a violinist on a plane led to a bizarre collaboration that sparked a new genre of music therapy, where patients were treated to symphonies instead of syringesβ€”much to the confusion of the medical community. Fact: Did you know that sometimes, the best medicine is a little music? Just don’t ask the doctor to playβ€”unless you want your check-up to include a concerto.
  • Headline: Shortages to Halt Chrysler. Impact: The steel shortages causing Chrysler divisions to shut down sent shockwaves through the automotive industry, eventually inspiring a generation of car enthusiasts to become DIY mechanics, leading to some truly questionable vehicle modifications. Fact: Did you know that car shortages often lead to inventive solutions? Just remember, duct tape is not a substitute for a proper repair!.

Wall Street Time Machine

The Right Call: A historical $1,000 investment comparison using the stored long-range dataset.
Rank #1
JNJ
Johnson & Johnson
Price in 1948
$0.06
Stored 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
Stored 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
Stored 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