MAY 15, 1948

SATURDAY
$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 15, 1948 Trivia
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The Story of May 15, 1948

On May 15, 1948, President Harry S.

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 15, 1948

Full News Archive

  • Headline: Truman Seeks Major Funding Boost. Impact: The request for funds led to an endless cycle of budget discussions, resulting in an annual 'Ask Truman' fundraiser where Congress competes to see who can ask for the most absurd budgets. This somehow led to the invention of the inflatable budget-squeezing toy.. Fact: Did you know that the amount requested by Truman could have funded an entire year’s worth of coffee for the Senate? Or at least a few fancy lunches..
  • Headline: Korina Wood Unveiled in NYC Furniture Line. Impact: The introduction of Korina wood sparked a worldwide obsession with trendy furniture, leading to the rise of hipster coffee shops with furniture that cost more than their lattes. It also triggered a series of 'wood wars' in which local artisans battled it out over the best types of veneer.. Fact: Fun fact: Korina wood is so light that if you’re not careful, your furniture might just float away during a strong breeze. Good luck finding that on the market!.
  • Headline: Reactivating the Steel Products Unit. Impact: This move not only revitalized the steel industry but also created an underground society of steel enthusiasts who believe that steel is the key to world peace. They even have a secret handshake!. Fact: Did you know that steel is actually just iron in a committed relationship? It's all about the carbon, baby!.
  • Headline: CUNNINGHAM GOES AS MANDATE ENDS; British Commissioner Boards Cruiser Off Haifa -- Jews Take Down Union Jack THE STATE OF ISRAEL BRITISH CHIEFTAIN LEAVES PALESTINE. Impact: Cunningham's departure marked the beginning of a series of events that led to the British Empire's gradual retreat from its colonies, eventually culminating in the creation of the phrase 'the sun never sets on the British Empire' becoming ironic. Sunsets everywhere became significantly more dramatic.. Fact: This event can be seen as the beginning of the end for colonialism; kind of like when your parents finally let you stay out late but you never returned home on time!.
  • Headline: BARON DUKESSTON, LABOR LEADER, 67; Ex-President of British Trades Union Congress Dies--Once Laborer for Railway. Impact: Dukesston's passing led to a series of labor reforms that ultimately resulted in the rise of casual Fridays in workplaces worldwide. Who knew a labor leader’s death could lead to people wearing flip-flops to work?. Fact: Baron Dukesston’s journey from laborer to leader shows that with hard work, even those with a humble beginning can end up with a title that sounds like a character from a bad fantasy novel..
  • Headline: SENATE GROUP VOTES NATIONAL HEART BILL. Impact: The National Heart Bill led to an unexpected obsession with heart health, giving rise to countless fad diets that have come and gone. Who knew that a bill could inspire people to count their kale intake?. Fact: Did you know that the heart is technically just a muscle that refuses to stop beating no matter how much we ignore it? It’s the overachiever of the body..
  • Headline: BOY HEROES HAILED FOR BIAS PROTEST; School Safety Patrol Winners Receive Medals at City Hall and Are Feted by Club SEE POLICE HEADQUARTERS Truman Gets a Note Assailing Segregation That Kept City Group From Capital. Impact: The bravery of these young heroes inspired a generation to take a stand against injustice. This eventually led to the infamous 'Youth Protests for Pizza' movement, where kids demanded better toppings and equal cheese distribution.. Fact: Interestingly, these boy heroes were so influential that their actions prompted debates about bias in school lunches. Who knew pizza toppings could be so political?.
  • Headline: CHORUS FESTIVAL TONIGHT; Nearly 2,500 Singers to Appear at Westchester Center. Impact: The chorus festival became a launching pad for a multitude of future musical acts, with some singers going on to create a new genre called 'Choral Hip-Hop.' Yes, that's a thing now.. Fact: With 2,500 singers, this event had more vocal talent than the entirety of modern pop music combinedβ€”no autotune required!.
  • Headline: MEHAFFEY LEAVES CANAL ZONE HELM; General, Ending Term as Governor in Last 4 Critical Years, Sails From Cristobal. Impact: Mehaffey’s departure signified a pivotal moment in the Canal Zone's history, leading to a wave of changes that eventually resulted in the famous β€˜Canal Zone Tourism Boom’ where people flocked to see where no one really wanted to go.. Fact: General Mehaffey’s time as governor was so significant, historians still argue about whether it was more impactful than the invention of the rubber duck..

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