OCTOBER 16, 1948

SATURDAY
1948 Coca-Cola advertising artwork
$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
Show screen release and event cards
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 16, 1948 Trivia

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Exact-date daily brief

October 16, 1948

On October 16, 1948, a significant event unfolded when former U.S. soldier Will A. Lynch publicly defied the draft for peacetime military service, choosing to submit to arrest rather than comply. This act of resistance came during...

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 From October 16, 1948

Full News Archive

  • Headline: The Life of Will A. Lynch. Impact: The name 'Will A. Lynch' became a bizarre rallying cry for conspiracy theorists who believed he was an undercover government agent. Yet, the only thing he was really undercover about was how good he was at avoiding the limelight. Fact: Did you know that 'Will A. Lynch' sounds like a bad pun? Because he allegedly never 'lynched' a single headline in his life.
  • Headline: Ex-GI Resists Draft in Historic Protest. Impact: This act of defiance inspired a generation of rebellious spirits. In the future, it led to a sitcom about a group of misfits who refuse to conform to societal expectations. They called it 'Friends' – because nothing says rebellion like coffee and sarcasm. Fact: Fun fact: Defying the draft is like the ultimate 'Do Not Disturb' sign for your life. Just make sure you have a good lawyer.
  • Headline: BUSINESS WORLD. Impact: The release of a glossary of packaging terms inadvertently sparked a decade-long obsession with artisanal wrapping techniques, resulting in a world where everyone carried their groceries in hand-knitted baskets. Fact: Isn't it delightful that packaging terms can cause more excitement than your average board meeting? Just wait until you hear about the 'bubble wrap revolution.'.
  • Headline: New Find Made in California. Impact: This discovery was the catalyst for countless reality shows about treasure hunters, leading society to believe that if you dig deep enough in your backyard, you might find the next big thing... or just some old shoes. Fact: California is basically a giant treasure chest. Too bad most of its finds are just hipsters with artisanal coffee.
  • Headline: JOSEPH SALA. Impact: Joseph Sala accidentally became the name for a popular cocktail, leading to a surge in bars claiming they invented the 'Sala Special' – which was really just a watered-down version of a martini. Fact: Did you know that Joseph Sala was so ordinary that even Google struggles to find info about him? He was like the 'Where’s Waldo' of history.
  • Headline: SCULPTURE FOR HOMES; Objects for Bookcases, Table Tops and Like Places Shown. Impact: This trend set off a chain reaction of overpriced home decor items, causing people everywhere to question why they needed a $500 sculpture of a cat when they already have a perfectly good one made of yarn. Fact: Did you know that sculpture is just a fancy way of saying, 'I ran out of wall space for my paintings'?.
  • Headline: CHURCH MARKS 300TH YEAR; Presbyterian Worshipers Start Celebration at East Hampton. Impact: The 300th anniversary celebration became an example of how communities can come together, leading to the popularization of church potlucks – because nothing says 'faith' like a casserole dish and questionable potato salad. Fact: Celebrating 300 years is quite the milestone! That’s longer than most celebrity marriages these days.
  • Headline: Citation Heads Field of 10 in $112,700 Gold Cup Race at Belmont Park Today; 2 INVADERS NAMED TO START IN CLASSIC Nathoo, Irish Derby Winner, and Bayeux, Champion of Belgium, Are in Field CITATION 1-TO-10 FAVORITE Phalanx Looms as Main Rival -- First Flight, 3-5, Takes Capra Handicap by Head. Impact: This race not only shaped the world of horse racing but also contributed to the mythos of betting, where every whisper about a horse could lead to a fortune, or just a really sad night at the bar. Fact: Did you know that some people treat horse racing like a real-life version of Monopoly? Only instead of Park Place, they’re betting on whether a horse named 'Fuzzy Slippers' can outrun 'Doughnut Hole.'.

Wall Street Time Machine

The Right Call: A historical $1,000 investment comparison using the stored long-range dataset.
Rank #1
JNJ
Johnson & Johnson
Price in 1948
$0.06
Stored 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
Stored 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
Stored 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