AUGUST 30, 1948

MONDAY
$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 30, 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 30, 1948 Trivia
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The Story of August 30, 1948

On August 30, 1948, a significant robbery was thwarted at a local restaurant where a patron quickly alerted police as assailants attempted to steal $600 while 20 customers were lined up.

🧠 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 30, 1948

Full News Archive

  • Headline: Victory Restaurant Hold-Up Foiled. Impact: This bold act of heroism by a patron inspired a series of vigilante justice movements, leading to an underground restaurant security network. Fast forward a few decades, and you’ll find the origin of the popular β€˜Dining and Defending’ movement, where diners are trained in self-defense while enjoying their overpriced entrees.. Fact: Most patrons just call for the check, but this one decided to call the cops. Talk about priorities!.
  • Headline: Durham Melee During Wallace's Southern Tour. Impact: The egg-throwing incident sparked a nationwide trend of throwing food at politicians, which eventually led to the invention of the 'Food Fight' political debate format. It became a popular way for candidates to express their views through what they deemed 'culinary rhetoric'.. Fact: Who knew that eggs were the original form of protest? Forget signsβ€”just bring brunch!.
  • Headline: Heatwave Devastates Tomato Harvest in 1948. Impact: This unfortunate tomato catastrophe set off a chain reaction that led to an increased demand for ketchup, ultimately fueling a fast-food revolution. Yes, folks, it all started with a bad summer and a lot of sad salads.. Fact: If only those tomatoes knew they were destined for a life of sauce, they might have tried harder to survive the heat!.
  • Headline: MRS. ABRAM C. WASHBURN. Impact: Mrs. Washburn's life, though briefly noted, inspired a line of kitchenware that promised to 'wash away' your cooking troubles. Generations later, her name lives on in households across America, where burnt dinners are still a common occurrence.. Fact: She probably had stronger kitchen skills than her husband had at public speaking. Just a hunch!.
  • Headline: HARRY B. FLETCHER. Impact: Harry B. Fletcher's legacy remains a mystery, but rumor has it he was a time traveler himself, slipping through the cracks of history to observe the absurdity of human behavior. His life, though brief in the records, serves as a reminder that every name has a storyβ€”if only we could remember them all.. Fact: Harry B. Fletcher sounds like a name you’d find on a fictional character in a mediocre detective novel. Spoiler alert: he’s not the murderer!.
  • Headline: GIANT FLYING BOAT NAMED; Ceremony for Record-Setting Caroline Mars at Chicago. Impact: Naming the Caroline Mars sparked an aviation frenzy, leading to the eventual creation of flying boats that were used for everything from luxury travel to moving circus acts. Yes, folks, the circus in the sky was just a few crazy inventors away!. Fact: If you think naming a flying boat is impressive, wait until you hear about the inflatable hot air balloon named β€˜Bouncy McFloatface’!.
  • Headline: BIDS ON UNDERPASS FOR BATTERY DUE; City Asks Tenders This Week on a $7,000,000 Project to Link East, West Highways. Impact: This underpass project connected two sides of a city and inspired the concept of urban planning, leading to the eventual rise of cities that forgot about pedestrians entirely. Today, we call that progressβ€”just don’t expect to cross the street without dodging traffic!. Fact: A $7 million underpass sounds like a stealβ€”if only it didn’t come with the usual city planning headaches and traffic detours!.
  • Headline: 3 ARMY PRISONERS BOLT, ONE CAPTURED. Impact: The daring escape of these prisoners led to a wave of Hollywood films glorifying prison breaks. In a few decades, we’ll all be rooting for the next great escape artist instead of questioning why they wanted out in the first place.. Fact: Prison breaks are like bad reality TVβ€”everyone loves to watch, but nobody wants to be part of the drama!.

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