OCTOBER 3, 1948

SUNDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1948
WOULD HAVE MADE YOU $4,834,154 IN THE 2025 DATASET
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 From 1948
1 The Red Shoes
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The Red Shoes
2 Red River
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Red River
3 The Paleface
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The Paleface
4 Johnny Belinda
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Johnny Belinda
5 Easter Parade
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Easter Parade
6 The Three Musketeers
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The Three Musketeers
7 The Snake Pit
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The Snake Pit
8 The Emperor Waltz
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The Emperor Waltz
9 Homecoming
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Homecoming
10 Sitting Pretty
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Sitting Pretty
The Treasure of the Sierra Madre
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The Treasure of the Sierra Madre
Call Northside 777
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Call Northside 777
I Remember Mama
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I Remember Mama
Key Largo
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Key Largo
A Foreign Affair
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A Foreign Affair
Raw Deal
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Raw Deal
The Lady from Shanghai
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The Lady from Shanghai
Rope
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Rope
The Big Clock
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The Big Clock
The Naked City
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The Naked City
Fort Apache
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Fort Apache
Mr. Blandings Builds His Dream House
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Mr. Blandings Builds His Dream House
Macbeth
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Macbeth
Sorry, Wrong Number
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Sorry, Wrong Number
The Search
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The Search
Louisiana Story
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Louisiana Story
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
Moonrise
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Moonrise
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
October 3, 1948 Trivia
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The Story of October 3, 1948

On October 3, 1948, the world was witnessing a period of intense political and social change.

Inventions & Breakthroughs of October 1948

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

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

Popular recordings and roots/country selections associated with the year

HEADLINES ON October 3, 1948

Full News Archive

  • Headline: Conquering Fear for Freedom. Impact: Carlo Levi's musings on fear led to a global panic epidemic. Who knew that discussing collective anxiety would inspire an entire generation to binge-watch disaster movies? Thanks, Carlo.. Fact: The phrase 'fear is the mind-killer' was popularized by Frank Herbert's Dune, but clearly, panic had already taken over way before that!.
  • Headline: Truman's Determined Return to Washington. Impact: Truman's fighting words ignited a political firestorm, leading to a game of political hot potato that continues to this day. Spoiler alert: nobody wins.. Fact: Truman’s famous 'The buck stops here' motto ironically didn’t apply to his own political blunders!.
  • Headline: Dutch Ship SS Orestes Breaks Up. Impact: The SS Orestes breaking up in the Magellan Straits led to an unexpected beachcombing revolution, as treasure hunters searched for lost cargo and relics. Spoiler: they found a lot of fish instead.. Fact: Shipwrecks are just historical treasure chests waiting to be opened by people who watch too many adventure movies..
  • Headline: 22 Lost in Norwegian Plane Crash; Bertrand Russell Saved From Sea; 22 IN PLANE LOST IN CRASH INTO SEA. Impact: The crash claimed 22 lives, but Bertrand Russell's survival created a philosophical debate about the nature of existence that has since baffled college students everywhere.. Fact: Bertrand Russell once said, 'The good life is one inspired by love and guided by knowledge.' Too bad he didn't take his own advice when flying..
  • Headline: WOULD STRAIGHTEN RIVER; Board Wants Bend Removed From Stream at Elizabeth, N.J.. Impact: Removing a bend from the river in Elizabeth, N.J. caused a ripple effect of river straightening that led to a nationwide obsession with straightening all things, including hair and roads.. Fact: If only city officials knew that rivers are better at flowing when they can meander a bit. Who would have thought?.
  • Headline: WIDOW SEEKS LOST $1,930; Says She Carried Money Because She Did Not Trust Banks. Impact: Mrs. J. Parla's distrust of banks launched a movement that led to a resurgence of mattress-stashing. The great mattress economy was born, leading to many awkward conversations with in-laws.. Fact: Banks actually do offer safety deposit boxes, but apparently, Mrs. Parla missed that memo!.
  • Headline: That Midwest Power -- The Farmer's Wife; Social worker, politician, economist, she is ardently courted by those Who seek election.. Impact: The tale of the Farmer's Wife influenced political campaigns for decades, resulting in an explosion of 'family-friendly' policies that only benefitted the food industry.. Fact: The Farmer's Wife was the original influencer, long before Instagram existed. Talk about farm-to-table fame!.
  • Headline: FRENCH MINE GROUP SEEKS COMPROMISE; Catholic Unions Try to Limit Strike, Set for Tomorrow -- de Gaullists Press Attack. Impact: The French mine group's plea for compromise sparked countless negotiations that ultimately resulted in the world's longest game of 'who gets the last donut' among unions.. Fact: Labor strikes have a way of reminding us all that sometimes compromise is just code for 'let's agree to disagree while we argue over coffee.'.
  • Headline: ARAB REFUGEES GET AID; First Food Shipments Arrive in Egypt -- More to Follow. Impact: The arrival of aid to Arab refugees in Egypt sparked debates on international relief efforts, which eventually led to the establishment of 'charity influencer' as a profession!. Fact: Aid shipments often come with more paperwork than actual supplies. Welcome to bureaucracy, Egypt!.
  • Headline: De Gaullists Raise Red Cry. Impact: The De Gaullist outcry over communism created a political environment that turned conspiracy theories into mainstream entertainment. Thanks for the paranoia, France!. Fact: The fear of communism has inspired more movies than actual communism ever did. Hollywood loves a good villain!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1948, here's what the stored 2025 dataset estimates.
Rank #1
JNJ
Johnson & Johnson
Price in 1948
$0.06
2025 dataset value
$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
2025 dataset value
$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
2025 dataset value
$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