DECEMBER 15, 1948

WEDNESDAY
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
Blood on the Moon
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Blood on the Moon
The Big Clock
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The Big Clock
Scott of the Antarctic
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Scott of the Antarctic
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
Act of Violence
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Act of Violence
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 15, 1948 Trivia

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Exact-date daily brief

December 15, 1948

On December 15, 1948, the state government announced it would conclude the fiscal year without a deficit by implementing a spending strategy that fell below the budgeted amounts. This approach emphasized fiscal responsibility duri...

Inventions & Breakthroughs of December 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 December 15, 1948

Full News Archive

  • Headline: State Avoids Deficit by Spending Less. Impact: By spending less than they voted for, the state inadvertently sparked a nationwide trend of politicians promising the moon but delivering a budget with a side of beans. This eventually led to the rise of the 'Vote for Less' campaign, where everyone just started voting for politicians who promised to do less. Because who needs ambition?. Fact: Ironically, the last time someone said 'let's spend less' in politics, it was followed by a nationwide shortage of ice cream. Coincidence? I think not.
  • Headline: Bromberger Advocates for Home Court Expansion. Impact: Bromberger's quest for more home courts inadvertently led to the rise of niche court shows on television, where petty disputes are settled by judges who moonlight as TV stars. Thanks, Chief Magistrate, for giving us Judge Judy!. Fact: Home courts are basically the 1950s version of your neighbor's living room where they invite you over to argue about who borrowed the lawnmower.
  • Headline: Grange Chiefs Discuss Prices and Control. Impact: H.D. Sherwood's push for local school control ignited a firestorm of debates about education that eventually led to the creation of 'alternative education' – which is really just a fancy way of saying 'we're making it up as we go along.'. Fact: The last time local control was mentioned, someone ended up trying to teach math using only interpretive dance. Spoiler alert: it didn’t go well.
  • Headline: CURBS EGYPT'S STUDENTS; Premier Bars Them From Any Kind of Political Organization. Impact: By banning political organizations for students, the Premier of Egypt effectively made every college student in the world wish they could travel back in time to stage a protest. This sparked a generation of young people who believed that rebellion was a rite of passage. Fact: This ban probably made students more creative, leading to the invention of the underground political coffee shop – where all the best ideas are brewed along with the espresso.
  • Headline: SERVICES SIMPLIFY PRESS ACCREDITING; Only the Defense Secretary Could Disaccredit Newsmen Under Plan Given Forrestal. Impact: The simplification of press accreditation paved the way for a future where everyone could become a journalist, leading to the chaotic world of social media influencers claiming to be 'news.' Thanks for that, Forrestal!. Fact: The first accredited newsman under this plan probably ended up on TikTok, showcasing how to make a salad while giving you the latest updates on world affairs. Multi-tasking at its finest!.
  • Headline: PRIETO QUITS PUBLIC LIFE; Socialist Foe of Franco Says His Health Is Failing. Impact: Prieto's exit from public life sparked a new wave of socialist leaders who realized that quitting politics might just make them more popular. Ironically, he became a cult figure instead of fading into obscurity. Fact: Prieto's health problems were likely exacerbated by the stress of trying to convince people that socialism was cool. Spoiler: it wasn’t until after he left the stage.

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