AUGUST 3, 1948

TUESDAY
$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 August 3, 1948
1 Easter Parade
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Easter Parade
2 Key Largo
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Key Largo
3 The Treasure of the Sierra Madre
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The Treasure of the Sierra Madre
4 Fort Apache
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Fort Apache
5 The Naked City
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The Naked City
6 The Search
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The Search
7 Mr. Blandings Builds His Dream House
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Mr. Blandings Builds His Dream House
8 The Pirate
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The Pirate
9 Notorious
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Notorious
10 The Best Years of Our Lives
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The Best Years of Our Lives
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
Melody Time
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Melody Time
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
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
August 3, 1948 Trivia
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The Story of August 3, 1948

On August 3, 1948, significant events unfolded in the United States and beyond.

🧠 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 August 3, 1948

Full News Archive

  • Headline: Union Dispute at Prudential Insurance. Impact: The right-wing union's challenge sparked a series of labor disputes that eventually led to the invention of the coffee break, because who doesn't need a latte when arguing about representation?. Fact: In the world of unions, a right-wing challenge is like a cat fight at a dog showβ€”entertaining but ultimately pointless..
  • Headline: Turkey's Olympic Wrestling Triumph in 1948. Impact: Turkey's wrestling victory not only solidified its position in the Olympic arena but also inspired a new generation of wrestling moms, leading to an explosion of youth wrestling leagues and a rise in spandex sales worldwide.. Fact: Wrestling is the only sport where you can literally body slam your opponent and still be considered a role model..
  • Headline: HOG PRICES SET RECORD; Wholesale Meat Prices Also Rise 50c to $4 at Chicago. Impact: The record-setting hog prices triggered a global bacon shortage, leading to a rise in underground bacon smuggling ringsβ€”because nothing says 'freedom' like sneaking pork across borders.. Fact: In the 1950s, hogs were considered the stock market's 'hot tip'β€”until everyone realized they couldn't eat shares..
  • Headline: ISRAEL TO MAKE FILMS; Contracts With Czechoslovakian Studios Signed by Leaders. Impact: This foray into filmmaking set off a cinematic revolution, resulting in a global obsession with Israeli films that ultimately led to a bizarre trend of people naming their pets 'Fellini'.. Fact: In the film world, contract negotiations are often longer than the movies themselves. Just ask any director..
  • Headline: 10% MORE MEAT SEEN THIS FALL AND WINTER. Impact: The predicted meat surplus led to an unprecedented rise in meat-themed reality shows, transforming America into a land of grillmasters and BBQ competitions that would make even the most enthusiastic carnivore weep.. Fact: When it comes to meat, 10% more is just enough to ensure your Thanksgiving dinner turns into a meat sweat-fest..
  • Headline: UNION DROPS MACKAY SUIT; Plea for Writ and Damages Was Phase of Strike Early in Year. Impact: The dropping of the suit led to an unexpected resurgence in workplace harmony, resulting in employees discovering the joy of sharing coffee and donuts instead of lawsuits.. Fact: In labor disputes, dropping a lawsuit often leads to more donuts than actual resolutionsβ€”because nothing says 'let's work together' like a glazed pastry..
  • Headline: DEWEY HIT AGAIN ON TEACHER LOBBY; Gruening Joins Maw in Charging New York Governor Asked Fight on Educators. Impact: Dewey's clashes with the teacher lobby set off a nationwide debate that ultimately transformed school board meetings into chaotic battlegrounds of policy and pizza parties.. Fact: In the realm of politics, being hit by a teacher lobby is like being critiqued by your momβ€”painful but usually warranted..

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