JULY 16, 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 July 16, 1948
1 Easter Parade
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Easter Parade
2 The Treasure of the Sierra Madre
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The Treasure of the Sierra Madre
3 Fort Apache
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Fort Apache
4 Key Largo
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Key Largo
5 Mr. Blandings Builds His Dream House
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Mr. Blandings Builds His Dream House
6 The Naked City
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The Naked City
7 The Search
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The Search
8 The Pirate
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The Pirate
9 Melody Time
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Melody Time
10 State of the Union
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State of the Union
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
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
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
July 16, 1948 Trivia
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The Story of July 16, 1948

On July 16, 1948, the Thunderjet fighter plane was showcased in Times Square, New York City, signaling a blend of military prowess and public engagement in aviation.

🧠 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 — Top 10 Pop & Country chart toppers

HEADLINES ON July 16, 1948

Full News Archive

  • Headline: Fighter Plane Graces Times Square. Impact: The presence of the fighter jet in Times Square ignited a fascination with aviation that led to a wave of future jet-themed movies. Little did they know that this would inspire a young filmmaker to create a blockbuster film about an alien invasion involving jets, causing humanity to forever question their trust in both aircraft and extraterrestrial life.. Fact: Did you know that the only thing more unstable than a fighter jet on a Times Square booth is the New York City subway schedule?.
  • Headline: Formation of Sikh States' Union. Impact: This union eventually sparked a series of political movements that led to modern India's complex regional dynamics. Who knew that a bunch of Maharajahs uniting could send shockwaves through history, fostering future debates about regional autonomy and national identity?. Fact: Did you know that 'Maharajah' literally means 'great king'? Because apparently 'just king' was too boring..
  • Headline: Ex-Sleeper Faces Job Deadline. Impact: This incident triggered a nationwide panic about the efficiency of welfare systems that ultimately led to the development of job training programs. Ironically, the panic also inspired a reality TV show about former welfare recipients competing for jobs—because who doesn’t love a good employment drama?. Fact: Did you know that the two-week job search is basically the adult version of 'find Waldo'? Spoiler: Waldo never got a job..
  • Headline: Youths, 18, Can Enlist, Starting Wednesday, Pick Own Service and Avoid Being Drafted. Impact: This decision to allow 18-year-olds to choose their service created a ripple effect where every teenager suddenly believed they were a military strategist, leading to the invention of 'Call of Duty' and the eventual rise of couch generals everywhere.. Fact: Did you know that enlisting at 18 is the adult version of choosing your favorite flavor of ice cream? Except this time, the stakes are way higher than just a sugar rush..
  • Headline: PUSHING BRITISH SONGS; Wilson Says Popular Tunes Ought to Be Exploited Better. Impact: The push to exploit British songs resulted in an explosion of 'British Invasion' music in America, which forever changed pop culture. Little did they know, this would also lead to countless renditions of 'Wonderwall' at every open mic night for decades.. Fact: Did you know that the only thing more overexploited than British songs in America are the accents of people trying to sing them?.
  • Headline: Massachusetts Man Dies at 102. Impact: The passing of Zephyr E. Marceau at 102 sparked a renewed interest in longevity and health, leading to an obsession with kale smoothies, yoga, and the idea that anyone can live to 100 if they just eat their greens. Spoiler: it’s usually not that simple.. Fact: Fun fact: Zephyr was so old he probably knew what the world was like before the invention of sliced bread, which means he likely had some pretty interesting stories to tell!.
  • Headline: Carilloneurs to Convene. Impact: This meeting of carilloneurs led to a renaissance of bell music, which eventually caused a bizarre trend of 'bell concerts' that became the backdrop for countless rom-coms, where couples would fall in love under the sound of clanging bells. Because nothing says romance like being deafened by a hundred-pound bronze bell.. Fact: Did you know that a carillonneur is basically a fancy title for someone who plays bells? Talk about a ringing endorsement for a career!.
  • Headline: Press Censorship Ends in Japan; Editors Put on Own Responsibility; Pre-Publication Check Dropped -- Papers, Still Regulated by '45 Code, Face Onus for Articles Objectionable to Soviet. Impact: The end of press censorship in Japan was a pivotal moment that encouraged a more free-spirited journalism culture. This ultimately led to a rise in satirical news, paving the way for the modern era of clickbait headlines and sensationalism—because nothing says freedom like a headline that makes you question your sanity.. Fact: Did you know that the only thing more complex than the regulations on press freedom is the average journalist's coffee order?.

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