AUGUST 20, 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 August 20, 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 A Foreign Affair
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A Foreign Affair
5 Mr. Peabody and the Mermaid
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Mr. Peabody and the Mermaid
6 Fort Apache
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Fort Apache
7 The Naked City
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The Naked City
8 The Search
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The Search
9 Mr. Blandings Builds His Dream House
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Mr. Blandings Builds His Dream House
10 The Pirate
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The Pirate
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
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 20, 1948 Trivia
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The Story of August 20, 1948

On August 20, 1948, the architectural and engineering community mourned the loss of Edward Rawson, a notable figure who contributed significantly to the design and construction fields.

🧠 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 β€” Top 10 Pop & Country chart toppers

HEADLINES ON August 20, 1948

Full News Archive

  • Headline: Edward Rawson: Architect and Engineer. Impact: If Rawson hadn’t designed that one building, the architectural style of the 21st century might’ve resembled a giant shoebox instead of the stunning skylines we know today. And let’s not forget the butterfly that got squished under that shoeboxβ€”who knows what kind of chaos that unleashed?. Fact: Edward Rawson’s middle name was 'L', which he claimed stood for 'Legendary.' He's probably the only architect who ever bragged about it..
  • Headline: The Legacy of Alexander Coyne. Impact: Alexander Coyne’s name may not ring bells today, but if he had just invented WiFi in the 1940s, we’d all be living in a utopia of cat memes and online shopping by now. Instead, we’re left wondering what β€˜Coyne’ even means.. Fact: Alexander Coyne was so forgettable that even his parents referred to him as 'Hey, you!'.
  • Headline: Imbrie Fined for Noise Violations. Impact: This fine probably sparked a nationwide movement against noise pollution, leading to the invention of the soundproof room. Imagine a world where we’re all stuck in silent boxes because one guy forgot the rules. Bravo, Imbrie.. Fact: Anti-noise laws exist to protect our ears, but ironically, they also led to the rise of the world's most boring podcasts..
  • Headline: TRAVELERS RAISE $3,784 CANCER FUND; America's Passengers Donate It at Benefit as Memorial to Babe Ruth. Impact: By raising funds in Babe Ruth's name, this event probably inspired future sports charities, leading to the eventual creation of the multi-billion dollar sports merchandising empire. Go team capitalism!. Fact: Babe Ruth was not only a baseball legend but also a passionate hot dog aficionado. That's right, folksβ€”he hit home runs and then hit the concession stand!.
  • Headline: SEVEN WIN MUSIC PRIZES; Young Composers' Contest Names Ann Arbor Youth Best. Impact: The victory of the young composer set a precedent for youth competitions, leading to today’s reality shows where everyone believes they can sing. Thank you, Ann Arbor youth, for the endless auditions we endure.. Fact: The winner of the contest was later found to be composing jingles for cat food commercials. Talk about a career trajectory!.
  • Headline: FRED H. MERRY. Impact: Fred H. Merry’s passing might not have made headlines, but surely one of his relatives went on to become a minor celebrity. This could lead to a future drama series titled 'Merry Chronicles' featuring a lot of family feuds.. Fact: Fred H. Merry is the only person to have successfully changed their name to Fred H. Merry, just to confuse genealogists for generations to come..
  • Headline: ROGGE BARES OFFER BY PAUL O'DWYER; Says Mayor's Brother Asked Him to Quit Surrogate Race, Run for Bench. Impact: Rogge’s revelation about political maneuvering likely led to a chain reaction of backroom deals and shady political alliances, morphing local politics into a game of chess where everyone’s just a pawn.. Fact: Politics in New York has always been like a bad soap opera, with more twists and turns than a pretzel factory..
  • Headline: L. WALLACE EGAN. Impact: L. Wallace Egan’s existence might have inspired a future author to create a dystopian novel where people are named after walls, leading to a world where 'Egan' is a term for emotional barriers.. Fact: There are more people named 'Wallace' in the U.S. than there are actual walls. Go figure!.
  • Headline: Text of Kravchenko's Statement on Rescue of Samarin. Impact: Kravchenko’s statements about rescues could have sparked a new trend in heroism, leading us to a world where every mundane act is treated like an epic saga. Thanks, Kravchenko, for the inflated egos of everyday people.. Fact: Kravchenko’s rescue stories were so dramatic, they might as well have been turned into a daytime soap opera..
  • Headline: CITY BACKS MOSES ON GARBAGE PLAN; Estimate Board Adopts Policy to End Dumping and Build Waste Disposal Plants. Impact: Moses’s garbage plan likely inspired future environmental policies, making us all more aware of our waste. Little did he know that one day we’d be arguing over plastic straws instead of incinerators.. Fact: Urban planners have long argued that a well-placed garbage can is the secret to a happy city. Spoiler: It’s not..

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