JULY 31, 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 31, 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 31, 1948 Trivia
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The Story of July 31, 1948

On July 31, 1948, the automotive industry was abuzz with speculation as Ford Motor Company publicly dismissed rumors regarding the imminent sale of a new model that purportedly offered an impressive 60 miles per gallon.

🧠 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 31, 1948

Full News Archive

  • Headline: Ford Denies Rumors of Fuel-Efficient Cars. Impact: This denial set the auto industry back years in its quest for fuel efficiency. Ironically, it led to a future where drivers would proudly boast about 'getting 25 miles per gallon' as if they were discussing a rare vintage wine.. Fact: Ford's response was so vague, it could have easily been a politician dodging a question about taxes!.
  • Headline: MISS BRECKINRIDOE { DIES IN CHICAGO, 82; { One of Nation's Pioneer Social Workers, Noted as Educator --Was Lawyer and Author. Impact: Sophonisba Breckinridge's passing marked the end of an era for social reform, but her influence inspired generations of social workers who would eventually lead to the establishment of numerous welfare programs. Without her, who knows? We might still be living in the 1800s.. Fact: Her work laid the foundation for social justice movements; basically, she was the original social media influencer, minus the selfies..
  • Headline: EMIL C. SCHIERHOLZ. Impact: Schierholz's mention in the headlines sparked a brief interest in obscure middle names, leading to a dramatic rise in naming conventions. This obsession eventually devolved into today's trend of naming children after inanimate objects.. Fact: Emil's first name is literally the most interesting thing about him; talk about a tough crowd!.
  • Headline: FRANK R. BEGEN. Impact: Begen's appearance in the headlines served as a reminder that sometimes, the most ordinary names can become legends. Just imagine a future where 'Frank' is on the list of top baby names again because of a viral TikTok dance.. Fact: Frank's life was so riveting, it could only be captured in an obscure newspaper snippet. Someone call Hollywood!.
  • Headline: To Depart Next Week For Church Meetings. Impact: This announcement led to a series of super boring church meetings where everyone pretended to care about the topics discussed. The ripple effect? An entire generation of people became masters at nodding off in meetings.. Fact: Spoiler alert: 'church meetings' is code for 'boredom on steroids.'.
  • Headline: CUBA MAY SELL OUT BUMPER SUGAR CROP. Impact: The prospect of a bumper sugar crop set off a chain reaction in the global market, eventually leading to a sugar rush that fueled children's birthday parties for decades. Thank you, Cuba, for making sugar the real MVP of every celebration.. Fact: That bumper crop probably led to more cavities than any dentist could handleβ€”talk about sweet consequences!.
  • Headline: MRS. JOSEF F. PALME. Impact: Mrs. Palme's mention in the news inspired countless others to follow suit, leading to a future where everyone felt the need to attach their husband's name to theirs, thus ensuring nobody would ever forget who they belonged to.. Fact: Because nothing says 'I’m my own person' quite like a name that includes your husband’s first name, right?.
  • Headline: ERNEST GAGNE. Impact: Ernest's brief spotlight in the headlines led to a series of unfortunate events where people believed they could become famous just by having an unusual name. The result? A plethora of Ernie-themed memes that still circulate today.. Fact: Ernest Gagne sounds like the protagonist of a bad sitcomβ€”if only he could have capitalized on that!.

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