JULY 28, 1948

WEDNESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1948
WOULD HAVE MADE YOU $4,834,154 IN THE 2025 DATASET
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 From 1948
1 The Red Shoes
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The Red Shoes
2 Red River
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Red River
3 The Paleface
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The Paleface
4 Johnny Belinda
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Johnny Belinda
5 Easter Parade
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Easter Parade
6 The Three Musketeers
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The Three Musketeers
7 The Snake Pit
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The Snake Pit
8 The Emperor Waltz
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The Emperor Waltz
9 Homecoming
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Homecoming
10 Sitting Pretty
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Sitting Pretty
The Treasure of the Sierra Madre
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The Treasure of the Sierra Madre
Call Northside 777
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Call Northside 777
I Remember Mama
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I Remember Mama
Key Largo
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Key Largo
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
The Naked City
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The Naked City
Fort Apache
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Fort Apache
Mr. Blandings Builds His Dream House
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Mr. Blandings Builds His Dream House
The Search
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The Search
Melody Time
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Melody Time
The Pirate
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The Pirate
State of the Union
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State of the Union
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
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 28, 1948 Trivia
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The Story of July 28, 1948

On July 28, 1948, significant legislative progress was made with the approval of a 7-cent fare grant for private buses in the United States.

Inventions & Breakthroughs of July 1948

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

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

Popular recordings and roots/country selections associated with the year

HEADLINES ON July 28, 1948

Full News Archive

  • Headline: Approval Process for 7c Bus Fare Grant. Impact: The approval of the 7c fare grant inadvertently led to the rise of a secret society of bus riders who believed they were the chosen ones destined to save public transport. Their attempts to time travel back to the 1800s to create a better bus system resulted in a series of unfortunate events involving horse-drawn carriages.. Fact: In the grand scheme of things, 7 cents is actually the going rate for a cup of disappointment in today’s coffee shops..
  • Headline: U.S. Envoy Addresses Tokyo Pact Rumors. Impact: By denying the Tokyo pact story, the U.S. envoy inadvertently sparked a global game of telephone where every nation started denying everything. This led to a world where everyone is suspiciously agreeing to disagree, thus creating the first 'no-treaty treaty.'. Fact: In 1947, the only thing more common than diplomatic denials was the awkward silence at family reunions..
  • Headline: Red Retreat and Executions in Taiyuan. Impact: The retreat of the Reds at Taiyuan set off a chain reaction where every subsequent retreat was documented in history books as a 'strategic withdrawal,' which is basically just a more sophisticated way of saying, 'We’re outta here!'. Fact: Executing spies may have seemed like a good idea at the time, but it turns out that it just creates a really awkward vibe at the next espionage convention..
  • Headline: WORLD COURT STEP ON PALESTINE FAILS; U.N. Security Body Rejects Syrian Bid for Opinion on Holy Land Status WORLD COURT MOVE ON PALESTINE FAILS. Impact: The failure of the World Court step on Palestine resulted in a never-ending loop of debates about opinions that led to the invention of 'opinion fatigue,' which is now a recognized condition in diplomats worldwide.. Fact: Sir A Cadogan probably had more success trying to organize a soccer match than getting a consensus on Palestine..
  • Headline: Tokyo Trial Decision Reached. Impact: The Tokyo Trial's secret judgment sparked a trend where all major decisions in history are made behind closed doors, breeding the modern conspiracy theorist who believes every important decision is made in a basement with flickering fluorescent lights.. Fact: The translators were probably just trying not to laugh at the absurdity of some of the charges. 'War crimes' is just another term for 'oops, my bad.'.
  • Headline: SHERMAN PATERSON COACH; Former Eagle Quarterback to Play With Pro Eleven Also. Impact: Sherman Paterson’s appointment as player-coach led to a bizarre era in sports where every former star player suddenly believed they could coach, resulting in chaos on the field, and the eventual rise of actual qualified coachesβ€”thankfully.. Fact: In sports, being a player-coach is just a fancy way of saying, 'I can’t decide if I’m more interested in scoring touchdowns or yelling at people.'.
  • Headline: CEYLON'S BO TREE AILING; Buddhists Worried by Withering of Sacred Relic. Impact: The ailing Bo Tree resulted in a worldwide panic among tree huggers, leading to the first ever international tree care conference. Ironically, this was attended by more people than the actual conference on climate change.. Fact: The Bo Tree’s previous withering incidents were likely just its way of saying, 'I need a vacation!'.
  • Headline: 11-POINT PLAN SET; Limited Price Controls, Power to Ration, Freeze Wages Called For STABLE U.S., PEACE LINKED Living Cost Spiral Does Not Wait on Election, Public Demands Relief, President Says TRUMAN DEMANDS CURBS ON INFLATION. Impact: Truman's call for price controls and rationing inadvertently led to an underground economy where people traded everything from coupons to home-baked goods, resulting in the rise of the modern barter systemβ€”an economy run by grandmas.. Fact: Price controls are just the government’s way of trying to keep things under wraps, which rarely works better than a toddler trying to hide their candy..
  • Headline: PHOTOGRAPHIC SHOW DEVOTED TO CENTURY. Impact: The photographic show dedicated to the century inspired a wave of selfies that would eventually lead to the rise of social media influencers, turning the art of photography into a competition for the best angles and filters.. Fact: Before selfies, the only thing people took pictures of were landscapes, and there was a lot less duck face involved..
  • Headline: NORTH CHINA CHARGES DISCRIMINATION IN AID. Impact: North China's charges of discrimination in U.S. aid distribution led to a never-ending blame game that eventually resulted in the creation of a new sport called 'International Aid Tag,' where countries try to dodge responsibility.. Fact: Discrimination in aid is just another way of saying 'We got the short end of the stick, and it’s a really bad stick.'.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1948, here's what the stored 2025 dataset estimates.
Rank #1
JNJ
Johnson & Johnson
Price in 1948
$0.06
2025 dataset value
$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
2025 dataset value
$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
2025 dataset value
$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