AUGUST 31, 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 31, 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 31, 1948 Trivia
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The Story of August 31, 1948

On August 31, 1948, the Netherlands celebrated the abdication of Queen Wilhelmina, who had reigned since 1890.

🧠 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 31, 1948

Full News Archive

  • Headline: Queen's Farewell: A Historic Amsterdam Visit. Impact: The queen's abdication set off a chain reaction of royal resignations across Europe, leading to a bizarre trend of monarchs enthusiastically swapping places, resulting in an annual 'Royal Exchange Day' where kings and queens awkwardly try each other's crowns.. Fact: Did you know that the Dutch often throw parties for their monarchs? It’s like a national pastime, second only to complaining about the weather!.
  • Headline: Swiss Attitudes Toward Women in Clergy. Impact: This limited view on women in the clergy inadvertently sparked a secret society of Swiss women who started wearing fake beards and robes to infiltrate the clergy, leading to a new movement known as the 'Holy Pretenders.'. Fact: Fun fact: The Swiss are known for their neutrality, except when it comes to women in the clergy. Then, apparently, they're all about keeping things 'traditional.'.
  • Headline: Bernstein Proposes Lower Ship Fares. Impact: Bernstein's fare cuts accidentally started a global trend of budget cruise lines, leading to a future where tourists are herded like cattle onto ships with questionable buffet food.. Fact: Did you know that cutting ship rates doesn’t necessarily mean cutting quality? Just kidding, it usually means more mystery meat at the buffet!.
  • Headline: BENES, ILL, REPORTED GAINING AFTER CRISIS. Impact: Benes' recovery inspired countless underdogs worldwide to believe in the power of a good comeback, unintentionally leading to an influx of motivational posters featuring him and cheesy slogans.. Fact: In historical irony, Benes’ illness led to a dramatic rise in health consciousness. Who knew a political crisis could get people to eat their vegetables?.
  • Headline: WALLACE IS NAMED TO HEAD ALP TICKET; He Is Hailed by Marcantonio at Party Rally as 'Political Descendant' of Roosevelt. Impact: Wallace’s selection as the ALP ticket head inadvertently planted the seeds for a political dynasty of 'political descendants' that would lead to a future where party rallies are just one big family reunion.. Fact: Did you know calling someone a 'political descendant' is just fancy talk for β€˜We have no new ideas, so let’s recycle the old ones’?.
  • Headline: AID OF U.S. INDUSTRY. INVITED BY VENEZUELA. Impact: Venezuela's invitation for U.S. industry assistance led to a slippery slope of foreign investments, ultimately resulting in a plethora of American fast food chains taking over the country, one burger at a time.. Fact: Fun fact: Venezuela's hospitality is legendary, especially when it's tied to fast food franchises. Welcome to the land of burgers and oil!.
  • Headline: Wallace Pelted With Eggs, Fists Bang His Car in South; WALLACE IS EGGED BY SOUTHERNERS. Impact: Wallace's egging incident sparked a nationwide egg-throwing trend at politicians, leading to the establishment of β€˜Egg Day’ where citizens express their discontent with breakfast foods.. Fact: Did you know that Wallace’s egging was so bad that he might as well have been running for β€˜Most Egg-cellent Candidate’?.
  • Headline: SINKIANG FRONTIER CONTINUES UNEASY; Thirteen Forays Noted Since June, 1947 -- Actual Border Is Matter of Dispute. Impact: The ongoing disputes over the Sinkiang frontier resulted in an avalanche of border dispute documentaries, where historians dramatically reenact the confusion with oversized maps and confused expressions.. Fact: Borders are like relationships; they’re complicated, and everyone has a different story about how they started arguing over who gets what!.
  • Headline: Yonkers Commission Head Quits. Impact: The resignation of the Yonkers Commission Head led to a series of dramatic power vacuums in local government, where everyone suddenly thought they could do a better job during the chaos, proving that sometimes, ignorance truly is bliss.. Fact: Did you know that quitting a commission is basically the adult version of throwing your hands up and saying, 'Not my problem anymore!'?.
  • Headline: SHIP LEAVES QUARANTINE; 20 Typhoid Suspects Remain as Vessel Sails From Africa. Impact: The ship's departure from quarantine established an unfortunate precedent for future health crises, leading to a long history of ships sailing off with questionable health standards and a robust game of 'Will It Spread?'. Fact: Fun fact: Quarantine procedures are like the β€˜Do Not Disturb’ signs of the maritime worldβ€”nobody listens, and chaos usually ensues!.

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