MAY 29, 1948

SATURDAY
$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 29, 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
The Lady from Shanghai
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The Lady from Shanghai
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 29, 1948 Trivia
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The Story of May 29, 1948

On May 29, 1948, a significant military culmination took place as the 11-day siege over the Old City of Jerusalem came to an end.

🧠 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

HEADLINES ON May 29, 1948

Full News Archive

  • Headline: Surrender in the Old City of Jerusalem. Impact: After the 11-day fight, some historians claim that the surrender led to the development of online gaming strategies inspired by military tactics. Who knew that ancient warfare would influence your cousin's obsession with 'Call of Duty'?. Fact: The Hurva Synagogue was a symbol of resilience and loss; it was rebuilt several times, which might make you question if the universe has a thing for dramatic comebacks..
  • Headline: TWA Settles $1.1 Million Debt Crisis. Impact: TWA paying their debt is said to be the catalyst for the airline industry’s love affair with bankruptcy. What a charming relationship it is.. Fact: TWA's financial struggles led to the phrase, 'fly now, pay later,' which was only slightly less popular than 'What are we doing with our lives?'.
  • Headline: NORTH'S BAPTISTS OPEN PEACE DRIVE; Hope Others Join 'Immediate' Movement 'to Save World From Destruction'. Impact: The peace drive by North's Baptists sparked a series of 'save the world' movements, culminating in a reality show where contestants compete to be the best peacemakers. Spoiler alert: they all lose.. Fact: Rev Dr S I Stuber's peace drive was probably the first campaign to use the phrase 'world peace' without the direct influence of a beauty pageant..
  • Headline: CHURCHES TO HONOR DEAD OF ALL WARS; Observances by All Faiths Will be Held Tomorrow -- Special Patriotic Services. Impact: The churches honoring war dead eventually led to the establishment of national holidays, which now serve primarily as an excuse for sales events. Thanks for your service, now here’s a discount!. Fact: Honoring the dead of all wars is a noble cause, but it’s also the perfect excuse to gather around and share stories about Uncle Bob’s questionable fishing skills..
  • Headline: River House Tenants Organize to Oppose Eviction From Their Luxury Apartments. Impact: The River House tenants' organization sparked a wave of tenant activism that would eventually lead to the rise of rent controlβ€”because nothing says 'we love you' like a set of regulations.. Fact: Eviction fights have become so popular that they're basically the original reality show: 'Survivor: Apartment Edition.'.
  • Headline: Mand Sure PR Is Dead. Impact: The declaration of the left-wing movement's demise gave birth to innumerable conspiracy theories about secret societies plotting their return. Spoiler: they’re probably binge-watching Netflix.. Fact: When someone says a movement is dead, it’s usually just taking a very long napβ€”like your ambitions after the holidays..

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