MAY 28, 1948

FRIDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1948
WOULD HAVE MADE YOU $4,834,154 IN 2025
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 By May 28, 1948
1 The Treasure of the Sierra Madre
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The Treasure of the Sierra Madre
2 Mr. Blandings Builds His Dream House
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Mr. Blandings Builds His Dream House
3 The Naked City
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The Naked City
4 The Search
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The Search
5 State of the Union
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State of the Union
6 Fort Apache
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Fort Apache
7 Melody Time
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Melody Time
8 Raw Deal
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Raw Deal
9 Call Northside 777
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Call Northside 777
10 Letter from an Unknown Woman
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Letter from an Unknown Woman
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 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 28, 1948 Trivia
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The Story of May 28, 1948

On May 28, 1948, a significant political shift occurred as the U.

🧠 Inventions of 1948

Breakthroughs and everyday innovations from the year.

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

The biggest hits of the year β€” Top 10 Pop & Country chart toppers

HEADLINES ON May 28, 1948

Full News Archive

  • Headline: Examining Greek Kingship and Freedom. Impact: The vote for freedom by the Greek nation led to a series of historical misfires, ultimately resulting in an unexpected rise of 'Freedom Fridays' worldwide, where every Friday, people gather to reflect on their freedom while sipping overpriced lattes.. Fact: Did you know that the concept of 'freedom' was actually patented in 1776, but it was just a really bad business move?.
  • Headline: New Regulations for NYC Laboratories Proposed. Impact: The new curbs on laboratories led to a future where mad scientists had to resort to backyard experiments, resulting in the world's first 'Backyard Science Fair' where things went hilariously wrong.. Fact: Fun fact: The first lab experiment ever conducted was just someone trying to make the perfect cup of coffee. Spoiler alert: It did not end well..
  • Headline: Senate Increases Quota for Displaced Persons. Impact: By admitting 200,000 Displaced Persons, the U.S. inadvertently paved the way for international potlucks, which are now a beloved tradition where people argue over who makes the best pasta salad.. Fact: The original quota was going to be 25,000, but someone realized that was not enough to ensure a good variety of cuisine at future family gatherings..
  • Headline: WPC: 2YBZV#|xU^xi @cX@Courier 10 PitchzNxxx U^xi @cX@2iZ/FRCourier 10 Pitch#|x28LABOR LAW CALLED AID TO COMMUNISTS; Two Unions Say Act Hampers Dismissals, Lets Reds Pose as 'Champions of Oppressed'. Impact: Labeling labor law as aid to communists caused such a stir that it led to a secret society of unions where members wore red capes and held monthly meetings to discuss the best ways to sit in awkward silence.. Fact: Unions have been around since the dawn of time, but they were originally just groups of cavemen who wanted a fair share of the mammoth pie..
  • Headline: TAPESTRIES RELATING MEDICI LIFE ARE SOLD. Impact: The sale of Medici tapestries ignited a global trend in tapestry appreciation, leading to the rise of 'Tapestry Influencers' who could turn any wall into a conversation piece, or at least a confusing art piece.. Fact: Tapestries were once considered the Instagram of the medieval worldβ€”if you didn't have one, were you even living?.
  • Headline: Appointed to ECA Post. Impact: The appointment of Knowles Jr. to the ECA Post led to an unexpected surge in statistical analysis, resulting in the creation of a new board game called 'Statistical Monopoly' where players compete to collect data instead of properties.. Fact: Statisticians have a secret society where they gather to discuss the most exciting data points of the weekβ€”it's basically a sleepover for nerds..
  • Headline: COLUMBIA AIDES GET PAY RISES ON JULY 1. Impact: The pay raises for Columbia aides resulted in a future where academic assistants became the highest-paid professionals in the coffee-fetching industry, inadvertently creating a 'Barista PhD' program.. Fact: In academia, the phrase 'pay rise' is often followed by 'but don't ask for a raise next year'β€”it’s the academic version of 'we'll see.'.
  • Headline: Books of the Times. Impact: The book 'World Is Not Enough' inadvertently inspired a generation of teenagers to believe that their lives could be as thrilling as a James Bond movieβ€”despite living in their parents' basements.. Fact: The title was originally going to be 'The World Is Barely Enough,' but the publisher thought that sounded too depressing..
  • Headline: NEGRO AID URGED IN SOUTHh; ) 0*0*0*iOCunningham Asks Presbyterians to Bolster Voluntary Way. Impact: Dr. Cunningham's plea for aid in the South led to the creation of an underground network of kind-hearted individuals who were secretly dubbed 'The Southern Go-Givers'β€”though nobody could ever agree on what to give.. Fact: The term 'aid' is derived from the ancient Greek word 'aidos,' meaning 'to help,' but it quickly morphed into a modern-day game of 'who gets to decide what help looks like.'.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1948, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1948
$0.06
Value in 2025
$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
Value in 2025
$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
Value in 2025
$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