MAY 24, 1948

MONDAY
$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
Raw Deal
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Raw Deal
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
Fort Apache
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Fort Apache
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 24, 1948 Trivia
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The Story of May 24, 1948

On May 24, 1948, the Reformed Church made headlines by voting to allocate a substantial $2,500,000 for their benevolence budget in the upcoming year.

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 24, 1948

Full News Archive

  • Headline: Miss Sibyl E. Holland's Notable Day. Impact: Sibyl's very existence inspired a wave of future women to pursue careers in fields previously dominated by men. Some say she single-handedly started the 'Women in Power' movementβ€”though the movement itself might argue otherwise.. Fact: Sibyl E. Holland was known for her impeccable style. Rumor has it, she once won a fashion contest while simultaneously writing a thesis on quantum physics. Multitasking goals!.
  • Headline: Reformed Church's Generous Relief Effort. Impact: This generous budget laid the groundwork for future philanthropists to think they could simply throw money at problems instead of addressing the root causes. Thanks, Reformed Church, for giving us the modern 'checkbook charity'!. Fact: In 2021, the average church budget for benevolence was about $750,000. Apparently, inflation hits everyone, even the divine..
  • Headline: Dr. Timothy E. Carroll's Historic Achievement. Impact: Dr. Carroll's contributions to medicine led to the invention of the modern stethoscope, which, in turn, allowed future generations to listen to their own hearts break over failed relationships.. Fact: Dr. Carroll's first stethoscope was actually just a long piece of wood. Guess he was really into the whole 'nature' vibe before it was cool..
  • Headline: Norman Thomas as Candidate. Impact: Norman Thomas's candidacy sent ripples through the political landscape, giving rise to the idea that third parties could actually have a voiceβ€”although, spoiler alert, they still don’t.. Fact: Norman Thomas ran for president six times. If only he had known that persistence sometimes just gets you a participation trophy..
  • Headline: Nine Receive Journalism Awards. Impact: This event sparked a frenzy of competitive journalism, leading to the sensationalist headlines we know today. Thanks for that, 1930s reporters; we really appreciate the 'world's largest cat' stories.. Fact: One of the awardees went on to write a best-selling book about the art of making coffee. Truly, the journalistic legacy continues to inspire... caffeine addicts..
  • Headline: Ayer Urges Pastors to Lead. Impact: Rev. Ayer's plea for leadership transformed pastoral roles, leading to a new wave of 'pastor influencers'β€”you know, the ones who post inspirational quotes over pictures of their lattes on Instagram.. Fact: Rev. Ayer was known for his fiery sermons, but his real talent was in crafting the perfect sermon title. 'Sermons and Lattes: A Holy Brew' was a particular favorite..
  • Headline: CONSTANTINE A. GAZULIA$I. Impact: Constantine's name entered the annals of history, inspiring future generations of accountants to embrace unique spellings in hopes of getting the same level of attention.. Fact: Constantine's middle name was actually 'Amazing'. He changed it to 'A' for professional reasons. But deep down, we all know he was just trying to be unique..
  • Headline: ' SELF-SERVICE' NEAR FOR MEAT MARKETS. Impact: The introduction of self-service at meat markets led directly to the modern grocery store experience, where people awkwardly avoid eye contact with the butcher while attempting to pick the perfect steak.. Fact: The first self-service meat market was actually just a guy named Joe standing outside with a meat cleaver. Classy!.

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