MAY 7, 1948

FRIDAY
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 7, 1948 Trivia

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Exact-date daily brief

May 7, 1948

On May 7, 1948, the naval vessel USS Franklin D. Roosevelt, a notable aircraft carrier, reached Portsmouth, marking an important milestone for U.S. Navy logistics and military readiness in the post-World War II era. This event cam...

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 7, 1948

Full News Archive

  • Headline: USS Valley Forge Arrives in Portsmouth. Impact: This seemingly mundane arrival of the Valley Forge set off a chain reaction leading to a historical obsession with naval power. Without it, we might still be debating whether to build ships or just stick to canoes. Fact: Fun fact: The Valley Forge is not just a historical name; it’s also a reminder that we Americans love our ships as much as we love our coffee: big and ready to conquer the seas!.
  • Headline: Major Donation to Greater NY Fund in 1948. Impact: The moment this bank decided to give $140,000, it ironically set off a wave of budget meetings where people actually believed this was 'free money.' Spoiler: it wasn't. Fact: Did you know that in 1950, $140,000 was enough to buy a small island? Just think of all the bank executives who could have been living the dream instead of funding the Greater NY Fund!.
  • Headline: Travelers Aid Supports Over 127,000 People. Impact: This report on Travelers Aid sparked a revolution in the travel assistance industry. Now, thanks to their deficit, we have a slew of apps that promise to help you, but will probably just send you in circles instead. Fact: If you think that 127,050 sounds like a lot, remember: that’s only slightly more than the number of people who get lost in airports every year!.
  • Headline: Fells Pole to Spite Utility. Impact: This act of pole-felling not only disrupted local phone service but also inspired countless future generations to take out their frustrations on inanimate objects. Who knew that this could lead to a rise in DIY home improvement projects?. Fact: Did you know that this type of petty revenge is now celebrated as a social media trend? #FellThePole!.
  • Headline: UAW Halts Chrysler Parley, Asserts Strike Is 'Inevitable'; CHRYSLER PAY TALK BROKEN OFF BY UAW. Impact: This UAW strike declaration sent shockwaves through the auto industry, leading to a series of negotiations and ultimately inspiring a wave of factory-themed dramas on television. Because nothing says 'entertainment' like watching people argue over paycheck fairness. Fact: Ironically, if they had just put all their discussions on a podcast, they might have made more money than they were fighting over!.
  • Headline: U.S. STANDS FIRM ON WARSAW NEWS; Denies Distributing Anti-Soviet Articles There -- Sees Proof Poland Curbs Information. Impact: This denial led to a propaganda game of telephone that would make even the most skilled diplomats dizzy. Now, every time a newspaper gets published, someone’s probably wondering if it’s government-approved or just an amusing conspiracy theory. Fact: Did you know that 'curbing information' is just another way of saying 'keeping the juicy stuff to ourselves'? It’s like a government-backed gossip column!.
  • Headline: BOOK DEALERS ACCUSED; Warrants on 'Obscene Literature' Are Filed in Philadelphia. Impact: This crackdown on obscenity led to a boom in underground literature, proving that nothing fuels a book club like a good ol' scandal. Who knew these dealers were the original hipsters?. Fact: Ironically, calling a book 'obscene' often just makes it more popular. It's like the universe's way of saying, 'You want what you can't have!'.
  • Headline: BARKLEY AND HERTER WIN COLLIER AWARDS. Impact: Winning these awards sparked a frenzy of research into ridiculous topics just to win accolades. Now, every quirky scientist is trying to discover the β€˜best way to boil an egg’ just to grab some attention. Fact: Did you know? The Collier Awards are so prestigious that winning one is like being handed a golden ticket to the nerdy elite club. You may not get a prize, but your ego sure will!.
  • Headline: TRUMAN EYES OHIO VOTE; Primary News There All Good, He Say -- Silent on Alabama. Impact: Truman's strategic focus on Ohio led to an entire political playbook dedicated to 'swing states.' This has since evolved into the modern-day obsession with polling data, giving rise to a million political analysts who still can't agree on anything. Fact: Fun fact: Truman's silence on Alabama was actually the first recorded instance of political selective hearing, a skill that has only improved over the decades!.

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