JULY 17, 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 July 17, 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 17, 1948 Trivia
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The Story of July 17, 1948

On July 17, 1948, the political landscape was marked by significant events as the nation prepared for the upcoming party conventions.

🧠 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 July 17, 1948

Full News Archive

  • Headline: The Paradox of 1948 Party Conventions. Impact: The debates at party conventions set a precedent for political theatrics, leading to future conventions where candidates spend more time on social media than actually discussing issues. Who needs policies when you can have memes?. Fact: Party conventions are basically the Super Bowl for political nerds, complete with awkward moments and a lot of people pretending to care about policy..
  • Headline: Wheat Shipment Embargo of 1948. Impact: The wheat embargo sparked a chain reaction of agricultural debates that eventually led to gluten becoming the enemy in the 21st century. Thanks, AAR, for ruining bread for everyone!. Fact: Wheat embargoes have a long history of making people rethink their meal plans. Because obviously, breakfast cereal is overrated..
  • Headline: JERSEY PICKS DRAFT CHIEF; Col. Bloomer Chosen to Head Revived System in State. Impact: Colonel Bloomer’s appointment as draft chief led to the establishment of a rigorous drafting system, which eventually evolved into the complicated lottery system we know today. Thanks for the panic, Colonel!. Fact: Naming a draft chief 'Bloomer' is either a stroke of genius or the worst joke ever, depending on how you feel about pants..
  • Headline: JOINS HERALD TRIBUNE; Alfred Stanford Leaves ANPA to Be Advertising Director. Impact: Alfred Stanford’s move to the Herald Tribune initiated a series of ad campaigns that led to more 'in-your-face' marketing tactics. Now, you can’t scroll through your phone without being bombarded by ads for products you didn’t even know existed.. Fact: Advertising Directors are like modern-day wizards, turning ideas into cash while making you believe you need a new smartphone every year..
  • Headline: SWIMMERS, DIVERS LEAVE FOR LONDON; Water Polo Team Included in Last U.S. Group Departing by Air for Olympics. Impact: The U.S. water polo team’s departure for London marked the beginning of an era where sports teams have to rely on flight schedules instead of just hopping in a car. Thanks to air travel, we can now lose at international competitions a lot farther from home!. Fact: Water polo: the sport that teaches you to hold your breath while also trying to drown your opponents. Good luck!.
  • Headline: EX-GI'S FORM A SOCIETY; Veterans of 71st Division Complete Their Organization Here. Impact: The formation of the veterans’ society inspired countless other veteran organizations, ultimately leading to a culture of camaraderie and support that still flourishes today. Who knew that organizing could be so healing?. Fact: Veterans' groups are like the ultimate club: no dues, just stories of how they survived being drafted and living to tell the tale..
  • Headline: DOUGLAS FIR HELD DUE TO LEVEL OFF; Softening of Market Expected After Monday, When West Coast Mill Vacations End. Impact: The leveling off of Douglas fir prices foreshadowed the rise of artificial Christmas trees, leading to future generations questioning why they have a tree that looks like it came from a factory instead of a forest.. Fact: Douglas firs are like the Kardashians of the tree world: popular, evergreen, and always in demand during the holidays!.
  • Headline: CHINESE OFFICIALS HERE; Visitors Will Study Our Postal System in Six-Week Stay. Impact: Chinese officials studying the U.S. postal system eventually led to a global obsession with tracking packages, resulting in a society where no one can wait two days for their Amazon shipment without losing their minds.. Fact: The U.S. Postal Service: where you can send a letter across the country for a few cents or wait for a package that takes longer than your last relationship..
  • Headline: CAMP FIRE GIRLS. Impact: The Camp Fire Girls’ annual report became a template for countless non-profits, proving that financial appeals can be just as riveting as a Netflix dramaβ€”if you squint hard enough.. Fact: Campfire Girls are like the original Girl Scouts, except instead of cookies, they sold you on the importance of friendship and outdoor survival skills. Talk about a tough sell!.

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