DECEMBER 31, 1948

FRIDAY
$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
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
Portrait of Jennie
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Portrait of Jennie
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
Joan of Arc
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Joan of Arc
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 31, 1948 Trivia
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The Story of December 31, 1948

On December 31, 1948, the music world was abuzz with the controversial admission from Russian composer Sergei Prokofieff, who publicly acknowledged once again that he believed his music was not well-received or understood.

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 ON December 31, 1948

Full News Archive

  • Headline: Prokofieff's Admission on Musical Trends. Impact: In a twist of fate, Prokofieff's self-doubt spawns a secret society of composers who deliberately create dissonance, leading to a world where cats are the dominant species and only respond to jingles composed in catnip key.. Fact: Did you know that admitting your music is bad is actually a great way to get more people to listen? It's like saying, 'I dare you to hate this!'.
  • Headline: Mother Catherine's Legacy Begins. Impact: Mother Catherine's legacy of compassion leads to the establishment of a global network of charitable organizations, ultimately inspiring a future generation to solve world hunger using just a spoon and a smile.. Fact: Mother Catherine is so legendary that even her coffee is said to perk you up for a week!.
  • Headline: Affordable Paper Drapes for Home Design. Impact: The introduction of budget paper drapes inadvertently sparks a DIY revolution, causing an epidemic of homes filled with impractical, paper-based decor that ultimately results in the first 'Crafting Apocalypse' of 2031.. Fact: Who knew that the humble paper drape would become the go-to for both budget decorators and accidental fire hazards?.
  • Headline: PETER ELEMENDORF. Impact: Peter Elemendorf's name will be forever linked to a bizarre game show where contestants must guess the names of people who did absolutely nothing noteworthy, leading to a global appreciation for mediocrity.. Fact: Peter Elemendorf is so obscure that his name could fit comfortably in a game of 'Guess Who?' without anyone ever making a correct guess..
  • Headline: MISS JAHN RETAINS TITLE; Defeats Miss Lewicki in U.S. Junior Girls' Tennis Final. Impact: Miss Jahn’s victory causes a chain reaction of tennis prodigies, but ultimately leads to a world where tennis matches are replaced by intense staring contests, which are way less exhausting.. Fact: In the world of junior tennis, keeping your title is basically like holding onto the last piece of pizza at a partyβ€”everyone wants it, but only one can have it!.
  • Headline: $250,000 FOR ISRAEL; Mizrachi Raises Sum for Aid --h) 0*0*0*iAlso Plans 'Truman Forest'. Impact: The Truman Forest, named after President Truman, becomes a top tourist destination, leading to an unexpected spike in eco-tourism and the rise of trees that can play the ukulele.. Fact: Fun fact: Trees planted in honor of politicians often have better public speaking skills than the politicians themselves!.
  • Headline: EINSTEIN STILL IN HOSPITAL; Doctor Says He May Undergo an Operation in Day or So. Impact: Einstein's hospitalization inspires a worldwide movement to treat all scientists like fragile geniuses, resulting in a future where they are carried around on pillows and given complimentary lattes.. Fact: Einstein in the hospital was like an episode of a reality showβ€”everyone tuned in to see if he’d survive the drama of medical science!.
  • Headline: MISS S. ADELINE BUSH. Impact: Miss S. Adeline Bush's emergence in society leads to a bizarre trend where everyone starts using initials as names, eventually resulting in a world where no one knows who anyone is anymore.. Fact: Using initials as a name is the ultimate way to sound mysteriousβ€”like a secret agent or someone who just really loves their middle name!.
  • Headline: PORT UNIT PRESSES FOR SUIT IMMUNITY; Governor Reveals Authority Has Urged Him to Discourage Move on Idlewild Leases. Impact: The Port Authority's plea for immunity becomes a rallying cry for bureaucratic entities worldwide, leading to a future where red tape is considered an Olympic sport.. Fact: When it comes to bureaucratic disputes, it's all about who can outlast the other in the game of 'let's ignore it until it goes away!'.
  • Headline: DR. CHARLES E. KIELY. Impact: Dr. Kiely’s contributions to medical science lead to an unexpected renaissance in alternative medicine practices, including the rise of 'healing hugs' as a legitimate treatment.. Fact: Dr. Kiely was so respected that his stethoscope was considered a relicβ€”archaeologists are still trying to figure out how it functioned!.

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