JUNE 17, 1948

THURSDAY
$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 June 17, 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 Fort Apache
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Fort Apache
4 The Naked City
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The Naked City
5 The Search
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The Search
6 The Pirate
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The Pirate
7 State of the Union
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State of the Union
8 Melody Time
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Melody Time
9 Raw Deal
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Raw Deal
10 Letter from an Unknown Woman
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Letter from an Unknown Woman
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 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
June 17, 1948 Trivia
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The Story of June 17, 1948

On June 17, 1948, a significant conference of governors took place, during which they called for a revival of civilian defense units and a bolstered National Guard.

🧠 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 June 17, 1948

Full News Archive

  • Headline: Governors Advocate for Civilian Defense Initiatives. Impact: The revival of civilian defense units led to an unexpected surge in disaster preparedness. This eventually inspired a wave of post-apocalyptic films in the 80s, which in turn created a generation of survivalists who stockpiled canned beans and built bunkers in their backyards.. Fact: The strongest national guard unit is often just a bunch of well-meaning neighbors who would rather practice their marching than mow their lawns..
  • Headline: Photographer Assaulted by Police in 1948. Impact: The police beating a photographer sparked a legendary underground network of photojournalists who became experts at dodging both police and flying cameras, influencing a new wave of guerrilla journalism.. Fact: If only the police were as good at taking photos as they are at beating photographers, we might have a very different history of photojournalism..
  • Headline: Diplomatic Tensions Rise Over Accusations. Impact: This accusation set off a chain reaction of diplomatic squabbles that ultimately resulted in the modern art of blame-shifting β€” a skill perfected by politicians everywhere.. Fact: Diplomatic immunity is basically a fancy way of saying, 'I can say whatever I want and you can't touch me.'.
  • Headline: TALKS IN BATAVIA ARE STALEMATED; Dutch Object to Proposal Made by U.S. and Australia and to Its 'Leak' to the Press. Impact: The deadlock in talks led to a series of unproductive meetings that birthed the phrase 'let's table this for now,' which is now used to avoid any real decision-making.. Fact: If you stacked all the proposals made during pointless negotiations, you'd have a solid tower to represent all the wasted time and paper..
  • Headline: DENMARK TRIES TOP NAZIS; 4 Occupation Leaders Accused of Terrorism, 136 Murders. Impact: The trials of Nazi leaders not only brought justice but also set a precedent for future war crimes tribunals, ensuring that future tyrants would spend their golden years dodging international courts instead of enjoying their ill-gotten gains.. Fact: It turns out that trial by jury is much less appealing when the jury consists of your former victims..
  • Headline: CZECH RULERS GRAB ADVERTISING REINS; Quotas Fixed for Papers and Periodicals -- Communists Favored for Newsprint. Impact: The Czech rulers' control over advertising led to a cultural backlash that inspired the first wave of underground publications, which were much better at promoting rebellion than the government's preferred propaganda.. Fact: Communist favoritism in newsprint quotas is like giving all the best toys to one kid in the playground β€” it never ends well..
  • Headline: Women, Children Removed. Impact: The evacuation of women and children created an unintended consequence where the remaining men had to figure out how to cook and clean, leading to a series of culinary disasters that would become the foundation for reality cooking shows.. Fact: A crime wave often leads to an unexpected spike in takeout orders β€” because who has time to cook when chaos reigns?.
  • Headline: NEW RUSSIAN MOVE ON PALESTINE FAILS; Trusteeship Council Defeats Plan to Implement the Statute for Jerusalem. Impact: The failed Russian move on Palestine made future diplomatic negotiations akin to playing a game of chess while blindfolded, with everyone making moves based on guesswork and historical grudges.. Fact: The Trusteeship Council's meetings are where dreams of peace go to die, or at least take a long, leisurely nap..
  • Headline: AID PARLEY SLATED; Senate-House Conferees Start Their Work on Compromise Today STORMY SESSION IS SEEN Taber Insists Smaller Sum Voted by Lower Chamber Is Adequate for the ECA House Rejects Senate Aid Fund Bill; Joint Conferences Will Start Today. Impact: The stormy session of the Senate-House conferees became the prototype for all future budget debates, where shouting matches and finger-pointing would come to define political discourse for decades.. Fact: Compromise in politics is often just a fancy term for 'I won't give you everything you want, but I'll give you something that sounds good.'.
  • Headline: A BON VOYAGE PARTY FOR COMMUNITY AMBASSADORS. Impact: The bon voyage party for community ambassadors inadvertently started a trend of endless receptions and parties, leading to an entire industry focused on planning events that no one really wants to attend.. Fact: A reception is basically a fancy way of saying, 'Let's gather a bunch of people who don't know each other to awkwardly sip punch and avoid eye contact.'.

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