JUNE 24, 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 24, 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 24, 1948 Trivia
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The Story of June 24, 1948

On June 24, 1948, the American government announced plans to expand its naval presence in the Pacific, including a stop by President Truman's ships at Guam and Iloilo, reflecting its strategic interests in the region during the post-World War II era.

🧠 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 June 24, 1948

Full News Archive

  • Headline: New Ports Added to American President Lines. Impact: The addition of Guam and Iloilo to American shipping routes led to an unexpected increase in pineapple exports, which resulted in a pineapple-themed revolution in a parallel universe. Who knew fruit could fuel revolutions?. Fact: Guam is home to the world's largest latte stone, which is a fancy way of saying they really love their coffee breaks..
  • Headline: Increased Enlistments Amid Draft Concerns. Impact: The influx of youths dodging the draft led to the creation of an underground coffee shop scene where they plotted to overthrow the government with lattes and artisanal sandwiches. Spoiler: it didn't work.. Fact: In the 1960s, avoiding the draft was considered an extreme sportβ€”just not one anyone wanted to be on the cover of Sports Illustrated for..
  • Headline: Shifting Roles of U.S. Jews in 1948. Impact: Rabbi Bernstein's remarks on American Jewry's reorientation spurred an accidental global renaissance in charitable donations, which subsequently led to the rise of every influencer ever claiming to be 'philanthropists'.. Fact: Before the rise of Israel, the biggest Jewish community in the U.S. was in New York, which is also where the bagel was perfected. Coincidence? I think not..
  • Headline: PERON GETS U.S. VIEW ON SPENDING FOR ERP. Impact: Peron's inquiry about U.S. spending for ERP resulted in a series of coffee-fueled meetings that would ultimately inspire the rise of the coffee break as a legitimate workplace activity. Productivity? Who needs it!. Fact: ERP stands for European Recovery Program, but it may as well stand for 'Endless Repeated Proposals' given how often these meetings repeated themselves..
  • Headline: U.N. Has Problem: African's 110 Wives. Impact: The U.N. intervention regarding a tribal chief's 110 wives inadvertently set off a global conversation about marriage, resulting in a new trend of polyamory that left traditionalists clutching their pearls.. Fact: The record for the most wives in history is held by a Sultan who had over 4,000. Talk about commitment issues..
  • Headline: U. S. Ship Burns at Bombay. Impact: The burning of the Steel Flyer freighter led to a sudden rise in insurance fraud, as people began to 'accidentally' set fire to their own ships in a desperate bid for cash.. Fact: Freighters are like the big, clumsy cousins of yachtsβ€”always getting into trouble and rarely invited to the fun parties..
  • Headline: 3 CATHOLICS IMPRISONED; Hungarian 'People's Court' Finds 'Incitement Against Democracy'. Impact: The imprisonment of three Catholics in Hungary sparked a global debate on democracy, leading to the creation of the first 'Democracy Olympics,' where countries competed in who could best uphold their citizens' rights.. Fact: Hungary has a long history of wrestling with democracy, but thankfully, they have a better track record than my last relationship..
  • Headline: RUSSIANS HIT TRADE LAG; Complain That British Are Not Meeting Exports Under Pact. Impact: The complaints from Russians about British trade lag led to the establishment of a secret society of traders who communicated only in puns, resulting in the world's worst jokes becoming a diplomatic tool.. Fact: Trade agreements are a lot like bad relationships: they require constant negotiation and can fall apart over the smallest misunderstandings..
  • Headline: BRITISH SOLDIERS USED TO MOVE FOOD; Troops Take Over Striking Dock Workers' Duties After Most Ignore Deadline. Impact: The use of soldiers to move food during the dock workers' strike led to the creation of a new military branch dedicated to food logistics, eventually culminating in the first Food Wars of 2050.. Fact: Troops moving food is a lot like your friend bringing snacks to a party; they don't just bring the goods, they also bring the drama..

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