SEPTEMBER 29, 1948

WEDNESDAY
$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 September 29, 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 Red River
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Red River
5 Sorry, Wrong Number
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Sorry, Wrong Number
6 Johnny Belinda
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Johnny Belinda
7 Rope
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Rope
8 A Foreign Affair
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A Foreign Affair
9 Louisiana Story
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Louisiana Story
10 The Naked City
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The Naked City
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
Fort Apache
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Fort Apache
Mr. Blandings Builds His Dream House
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Mr. Blandings Builds His Dream House
The Search
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The Search
Melody Time
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Melody Time
The Pirate
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The Pirate
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
Mr. Peabody and the Mermaid
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Mr. Peabody and the Mermaid
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
September 29, 1948 Trivia
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The Story of September 29, 1948

On September 29, 1948, the United States allocated additional funds to support post-war recovery in Europe and China, with the Economic Cooperation Administration (ECA) disbursing $19,444,080 for European nations and $549,000 for China.

🧠 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 September 29, 1948

Full News Archive

  • Headline: New ECA Aid Funds Announced in 1948. Impact: This generous funding for Europe may have indirectly led to the creation of the world's best croissants as bakeries flourished with newfound cash. Meanwhile, China used its tiny allocation to fund a nationwide search for the perfect dumpling recipe that still eludes them today.. Fact: Did you know that $19 million can buy a lot of baguettes? Just imagine the loaf-shaped monuments they could have built!.
  • Headline: Tobin Launches Campaign for Truman. Impact: Tobin's campaign efforts might have inspired future politicians to host their events in less-than-conventional locations, leading to the rise of political rallies at places like trampoline parks and underwater hotels. Because why not?. Fact: Fun fact: 'Atlantic City' is just code for 'the place where politicians go to pretend they care about the common man while betting on black!'.
  • Headline: Galgano-Gruntal Victory at Westchester Pro-Am. Impact: This golfing victory might have sparked a chain reaction leading to an explosion of golf-themed reality shows, where the stakes are higher than the average handicap and the drama involves more crying than an episode of a soap opera.. Fact: Did you know that golf is the only sport where you can take a break for a drink, and it's socially acceptable? Just don’t ask the caddy to hold your beer!.
  • Headline: WILL HEAD NORTHWESTERN; Dr. Miller, Dean of University's Medical School, Is Elected. Impact: Dr. Miller's election might have set off a series of events that led to the creation of an elite club for medical deans, complete with secret handshakes and mandatory bow ties, thereby increasing the average number of bow ties in academia by 200%.. Fact: Fun fact: Every medical dean has a secret stash of 'I survived medical school' t-shirts. They wear them ironically, of course!.
  • Headline: SENATE EXPLORES FRAU KOCH'S CASE; Commutation of Her Sentence for War crimes Is Under Formal Investigation COMMITTEE HEARS ROYALL Army Is Already Looking Into Possibility of Bringing New Set of Charges. Impact: The investigation into Frau Koch's case not only delayed justice but also led to a new genre of political thriller novels that never got published because they were deemed too boring. However, the authors did find a niche market in very niche book clubs.. Fact: Did you know that war crime trials often have a higher drama quotient than your average daytime soap opera? Just add some courtroom gavel bangs and voilΓ !.
  • Headline: Finding of Peary Papers Is Sequel To Stranded Man's Afterthought; AFTERTHOUGHT LED TO PEARY DATA FIND. Impact: This seemingly innocuous find may have triggered a wave of treasure hunts across the polar regions, inspiring generations of adventurers who believed every afterthought could lead to untold riches, or at least a good Instagram post.. Fact: Did you know that most treasure hunts require more planning than actual treasure? Just ask that guy who searched for the 'lost' socks in his dryer!.
  • Headline: Hanley to Enter Hospital. Impact: Hanley’s check-up could have inadvertently led to a global surge in hospital-themed reality shows where patients compete to see who can make the best futile attempts at humor while waiting for test results.. Fact: Fun fact: Hospitals are the only places where you can be surrounded by people and still feel utterly alone and confused!.
  • Headline: FBI ASKS DETROIT RECORDS; Will Study Possible Conspiracy in City Electrical Bidding. Impact: This inquiry might have opened the floodgates for conspiracy theories about electrical grids, leading to a proliferation of tinfoil hat sales as citizens pondered whether their lights were being controlled by aliens.. Fact: Did you know that conspiracy theories are the only thing that can light up a room brighter than a faulty electrical panel? Who needs facts when you have paranoia?.
  • Headline: Truman's Home Town Names Park in His Honor. Impact: Naming a park after Truman may have inadvertently led to a worldwide trend of naming parks after politicians, resulting in an increase in public spaces filled with monuments of questionable taste and endless debates over who deserves a swing set.. Fact: Did you know that parks often have more statues of politicians than actual trees? Nature must be rolling its eyes at this point!.

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