MAY 12, 1948

WEDNESDAY
$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 12, 1948 Trivia
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The Story of May 12, 1948

On May 12, 1948, a significant decision was made as Cernius declined a position at a local college, which may have had implications for educational leadership in the area.

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 12, 1948

Full News Archive

  • Headline: Cernius Turns Down Teaching Opportunity. Impact: Cernius declining the college post led to an unexpected chain reaction where students at Midwestern College, inspired by his absence, started a secret society dedicated to time travel, which resulted in the creation of the 'Time Traveler's Club' in 2030. Spoiler alert: they still haven't figured out how to actually time travel.. Fact: Did you know that colleges often have a secret menu of rejected professors? Apparently, Cernius was number one on that list for his unique teaching style, which involved interpretive dance to explain quantum physics..
  • Headline: Doylestown School Transforms to Senior College. Impact: Doylestown School's transformation into a senior college sparked a nationwide trend, causing towns everywhere to rebrand their elementary schools as 'Senior Learning Institutions.' This led to a generation of 5-year-olds suddenly being very confused about their educational status.. Fact: Fun fact: Doylestown School's new name was almost 'Old School Academy,' but that was deemed too retro and not hip enough for the cool kids..
  • Headline: State Food Drive Sees Nutrition Gains. Impact: The food drive's success not only improved nutrition but also inspired a new reality TV show, 'Survivor: Food Drive Edition,' where contestants must survive solely on canned peas and expired granola bars. Spoiler: no one survives.. Fact: Who knew a food drive could have such an impact? The last time people were this excited about nutrition was during the great kale craze of 2015..
  • Headline: Chrysler Walkout by 75,000 Due at 10 A.M. as Talks Fail; CHRYSLER STRIKE SLATED FOR 10 A.M.. Impact: The Chrysler walkout led to an uptick in the popularity of bicycles, resulting in a national cycling craze. By 1950, America had more bicycles than cars, which led to a dramatic decline in traffic jams but an uptick in broken bones.. Fact: 75,000 workers walked out, but only 70,000 remembered to bring snacks. The remaining 5,000 were left to fend for themselves and started a small food truck business out of protest..
  • Headline: Myrdal En Route for Visit. Impact: Myrdal's visit initiated a series of cultural exchanges that eventually led to the establishment of 'International Coffee Day,' a day where everyone celebrates by consuming copious amounts of caffeineβ€”because clearly, that’s what diplomacy is all about.. Fact: Myrdal's luggage was lost during his trip, containing a rare collection of rubber ducks. Ironically, he ended up becoming a symbol of international peace negotiations..
  • Headline: HARRIMAN SEES AID TO RUSSIA POSSIBLE; Roving Envoy Says That if U.S. and Soviet Reach an Accord, ERP Help Might Follow. Impact: Harriman's optimistic outlook on aiding Russia was the catalyst for a series of overly complicated geopolitical agreements, leading to the phrase 'just throw money at it' becoming a standard diplomatic strategy.. Fact: Harriman once tried to broker peace by suggesting a bake-off. Spoiler: it didn't go well, but the cookies were delicious..
  • Headline: VOTE COUNT SLOW IN KOREAN BALLOT; U.N. Body Forced to Revise Its Plan to Go to Japan -- Power Issue Again Brought Up. Impact: The slow vote count in Korea caused a worldwide panic, leading to the invention of the 'Instant Results App'β€”which, ironically, still can't predict the outcome of any election correctly.. Fact: The Korean radio's ultimatum was just a really long-winded way of saying, 'Can we please get this over with?'.
  • Headline: BRITAIN PROPOSES TO STAY IN CYPRUS; Constitutional Plan Will Ban Legislative Discussion of Union With Greece. Impact: Britain's Cyprus proposal sparked a wave of other countries trying to stay in places they didn't belong, leading to a bizarre reality where everyone started claiming parts of Antarctica as their vacation homes.. Fact: The proposal to ban discussions about union with Greece was actually inspired by a particularly heated dinner party where no one could agree on the menu..
  • Headline: REMOTE CONTROL FOR HOME WIRING; New System Announced by GE Features Low-Cost System Based on 25-Volt Relays. Impact: The introduction of remote control for home wiring led to a surge in DIY home improvement shows, resulting in the creation of 'Home Wiring Failures: A Tragic Comedy,' which became a cult favorite among electricians.. Fact: GE's remote control system was such a hit that they briefly considered launching a version for controlling spouses, but decided against it for fear of potential pandemonium..

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