DECEMBER 7, 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 December 7, 1948
1 The Three Musketeers
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The Three Musketeers
2 Johnny Belinda
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Johnny Belinda
3 The Snake Pit
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The Snake Pit
4 The Lady from Shanghai
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The Lady from Shanghai
5 Red River
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Red River
6 Act of Violence
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Act of Violence
7 Blood on the Moon
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Blood on the Moon
8 Notorious
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Notorious
9 The Best Years of Our Lives
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The Best Years of Our Lives
10 Duel in the Sun
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Duel in the Sun
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
Rope
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Rope
The Big Clock
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The Big Clock
Scott of the Antarctic
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Scott of the Antarctic
Easter Parade
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Easter Parade
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 Boy with Green Hair
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The Boy with Green Hair
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
December 7, 1948 Trivia
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The Story of December 7, 1948

On December 7, 1948, a significant shift occurred within the Transport Workers Union (TWU) as John Quill was re-elected, leading to a sweeping 'housecleaning' that ousted leftist elements who had held power for 14 years.

🧠 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 December 7, 1948

Full News Archive

  • Headline: Quill's Re-election Marks Union Overhaul. Impact: Quill's re-election set off a chain reaction where future union leaders would study his tactics and become increasingly creative in their efforts to eliminate opposition, eventually leading to a world where they could remove dissenters with just a strongly worded email.. Fact: In the world of union politics, 'housecleaning' rarely involves a broom and dustpan. More like a metaphorical jackhammer..
  • Headline: Honoring Seeley C. Coddington's Legacy. Impact: Coddington's passing sparked a series of memorials that would lead to the invention of the 'memorial selfie,' where people would take pictures at funerals, leading to the rise of the influencer culture we know today.. Fact: Seeley C. Coddington was quite the character, but sadly, nobody thought to take a selfie with him at the time..
  • Headline: Equity Library Theatre Frolic 1948. Impact: The Equity Library Frolic led to a contemporary obsession with immersive theater, where audiences would later be asked to pay extra fees just to sit on the floor and pretend they were part of the show.. Fact: Back then, 'frolic' was just a fancy word for 'we're going to charge you to watch people act out their dreams.'.
  • Headline: DANIEL TORBUSH. Impact: Torbush's name became a favorite for future generations of politicians who wanted to sound cool while making bad decisions. It's now a popular name for fictional characters in poorly written novels.. Fact: Danl Torbush is a name so unique that even Google struggles to find related searches..
  • Headline: RENT BOARD REJECTS 10% U.S. HOUSING CUT. Impact: The Rent Board's rejection of the housing cut led to a national crisis in affordable housing, setting off a decades-long trend of people living in their parents' basements while dreaming of owning a home.. Fact: In a shocking twist, landlords everywhere rejoiced, proving they really do have a secret club where they high-five over rejected proposals..
  • Headline: MME. CHIANG HOPES FOR A WORLD PEACE; Warns of Lessons of Past History and Counsels Friends of China to Be Patient. Impact: Mme. Chiang's call for world peace resonated through time, leading to the creation of countless motivational posters featuring kittens and the phrase 'Hang in there!'. Fact: Turns out, world peace is a lot harder to achieve when you don't have a kitten to inspire everyone..
  • Headline: TO AID FILIPINO CHILDREN; Far East Unit of U.N. Fund to Relieve Youth of Island First. Impact: The initiative to aid Filipino children became a pivotal moment that eventually inspired the 'Save the Children' campaigns, which now feature cute animals and celebrity endorsements.. Fact: The original slogan was 'Help the Children,' but they decided they needed a more marketable angle, thus leading to 'Save the Whales' and 'Free the Bears.'.
  • Headline: DECORATOR FITS UP TWO MODEL HOMES; Apartments of 5 and 4 Rooms Shown in Queens -- Cost to Furnish Latter Is $3,100. Impact: The unveiling of model homes led to the modern obsession with home design shows, where people now renovate their lives instead of just their apartments, often resulting in existential dread.. Fact: Furnishing a model home for $3,100 today would get you a single chair and maybe a vintage lamp if you're lucky..

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