MAY 16, 1948

SUNDAY
$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 16, 1948 Trivia
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The Story of May 16, 1948

On May 16, 1948, significant political discourse unfolded in the United States as Senator Robert M.

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 16, 1948

Full News Archive

  • Headline: La Follette on Informative Lobbying. Impact: La Follette's assertion that some lobbies are good opened the floodgates for lobbyists to claim they were 'informing' the public. This eventually led to the rise of 'informational' lobbyists who just happened to also be on the payroll of corporations. So, thanks to La Follette, the phrase 'I’m just here to help' became the unofficial slogan of Washington.. Fact: Did you know that lobbying is essentially the original form of influencer marketing? Just without the Instagram filters..
  • Headline: Rabbi's Expulsion from Egypt. Impact: The rabbi's expulsion from Egypt sent shockwaves through the community, resulting in a diaspora that would eventually lead to the creation of the world’s largest bagel shop in New York. Coincidence? I think not.. Fact: Fun fact: The last time someone was ordered to leave Egypt, they got a pretty good vacation out of it and came back with some tablets..
  • Headline: Historic Flag Return from Palestine. Impact: Bringing back the Union Jack from Palestine sparked a series of flag-collecting trends that led to the first international 'Flag Swap' convention in the 80s. Who knew flags could be so… collectible?. Fact: Did you know that the Union Jack has more colors than most people's wardrobes? Talk about commitment to fashion!.
  • Headline: AUSTRIANS OPPOSE END OF OCCUPATION; Survey Shows Large Majority Want West to Stay There to Balk Communist Coup. Impact: The Austrian resistance to ending occupation led to a surge in nationalism that inspired a series of protests and a love for lederhosen. Who knew that a fear of communism could lead to a fashion revolution?. Fact: Did you know that wearing lederhosen is the only way to be patriotic and comfortable at the same time? Talk about a win-win!.
  • Headline: Are We Becoming a 'Laboristic' State?; The trend is that way, says an economist, and several major readjustments are indicated.. Impact: The economist's worry about becoming a 'laboristic' state prompted an avalanche of critiques about labor rights, which ironically led to more labor rights. The irony? The economists are still trying to figure out what 'laboristic' even means.. Fact: Did you know that 'laboristic' is not a real word? But it sure sounds fancy enough to make it into an economics lecture!.
  • Headline: TROOPS CLEAR WAY FOR MEAT WORKERS IN SOUTH ST. PAUL; Minnesota Guard Routs Crowds From Streets Around Plants After Taking Jeers 3 Hours. Impact: The deployment of troops to clear the way for meat workers was a significant moment that highlighted labor struggles, ultimately leading to the creation of the 'Meat Workers' Day' where everyone just eats BBQ and forgets their problems. Because nothing solves a labor dispute like a good brisket.. Fact: Did you know that the phrase 'meat on the table' originated from this very strike? Because negotiations really do get tastier..
  • Headline: 18,000 TAKE TEST FOR CITY FIREMEN; Written Examinations Held in Nine Schools in the Five Boroughs. Impact: The massive turnout for the firemen's test ignited a competitive spirit that eventually led to the creation of reality shows focused on firefighting. Because who doesn’t want to see people risk their lives for a shot at a shiny badge?. Fact: Did you know that becoming a fireman is one of the few jobs where you can literally play with fire and it’s considered a skill? Just don’t try that at home!.

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