MAY 26, 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
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 26, 1948 Trivia
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The Story of May 26, 1948

On May 26, 1948, the United States saw significant legislative changes with the implementation of a curb on entries, marking a pivotal moment in immigration policy.

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 26, 1948

Full News Archive

  • Headline: Curb on Entries: A Significant Law. Impact: This law led to an unprecedented series of debates that eventually spiraled into the creation of the 'Safety Committee of the Future,' which ironically ended up banning the word 'fun' from public events. Who knew safety could be so dull?. Fact: Did you know that the first law signed by a U.S. President was actually a law about tariffs? But sure, let's focus on public safety—because that’s what everyone wants to talk about at parties..
  • Headline: Truman Advocates for Higher Wages. Impact: Truman's request for a minimum wage sparked a nationwide inflation crisis. Little did he know, his simple plea would eventually lead to a national debate about whether avocado toast was worth $20.. Fact: Did you know that '75 cents' was once considered a laughably low minimum wage? Today, you might just get one avocado slice for that. Progress!.
  • Headline: Hal F. Lee's Good-Will Award. Impact: Hal F. Lee receiving an award triggered a chain reaction of goodwill awards that eventually led to the creation of the 'Most Irrelevant Award' given annually to the least impactful person on the planet. Lee's name was ironically the first recipient.. Fact: Did you know that receiving a goodwill award is often just code for 'Congratulations, you didn't mess up too badly this year!'.
  • Headline: Warren Leads in Florida Poll. Impact: Warren's lead in Florida polls became the stepping stone for countless future political candidates to realize that being popular just means you have a better chance of losing when it counts.. Fact: Did you know that Florida polls have been notoriously unreliable since the dawn of time? They’re like weather forecasts—everyone loves to check them, but they’re usually wrong!.
  • Headline: MARSHALL PLEADS FOR CHILDREN'S AID; Packed Garden Audience Hails His Exhortation to Invest in Future of World. Impact: Marshall's passionate plea for children's aid led to the establishment of a national 'Kids First' initiative, which somehow resulted in a nationwide obsession with gluten-free, organic snack options for children. Thanks, Marshall!. Fact: Did you know that Madison Square Garden has hosted everything from boxing matches to concerts? But Marshall's event was the first and only time it was filled with people discussing the future of the planet while eating carrot sticks..
  • Headline: Hogan Vanquishes Turnesa to Win His Second P.G.A. Championship; HERSHEY PRO TAKES GOLF TITLE, 7 AND 6. Impact: Hogan's victory at the P.G.A. Championship inspired a generation of wannabe golfers who would later crowd public courses, leading to the invention of the term 'golf clap'—a polite way to cheer for mediocre performances.. Fact: Did you know that golf is the only sport where you can wear plaid and still look sophisticated? Hogan's style was unmatched, but he would have looked even better in neon..
  • Headline: Gordon J. Campbell Elected. Impact: Campbell's election as director led to a wave of directors getting elected for all sorts of trivial positions, culminating in a nationwide contest for 'Director of the Most Useless Bureaucracy,' which still exists today.. Fact: Did you know that electing directors is just the political equivalent of picking a team captain in gym class? Everyone's secretly hoping to be picked, but no one really wants the responsibility..
  • Headline: Hosiery Men Sentenced. Impact: The sentencing of the hosiery men made headlines, resulting in a nationwide hosiery shortage. Yes, folks, this was the origin of 'sockless summer'—where fashionistas dared to go bare and suffered for it.. Fact: Did you know that hosiery was once a euphemism for luxury? Now, it’s just a reminder of how hard it is to find matching socks on laundry day..
  • Headline: Heads ERP Unit in Belgium. Impact: Dr. Ockrent's appointment to head the ERP unit in Belgium was the catalyst for countless overqualified doctors to seek out bizarre political positions, eventually leading to the rise of the 'Doctor Politician'—a trend that never really took off but was hilariously awkward.. Fact: Did you know that Belgium is known for its chocolate, waffles, and a confusing political system? Ockrent probably thought he was just going to help with economics, not trying to decipher a political Rubik's Cube..

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