AUGUST 24, 1949

WEDNESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1949
WOULD HAVE MADE YOU $3,767,246 IN 2025
Min_Wage_Hourly: $0.71
Median_Home_Price: $7,060.00
Gas_Price_Avg: $0.26
Bread_Price_Avg: $0.14
Movie_Ticket_Avg: $0.44
First_Class_Stamp: $0.03
Milk_Price_Avg: $0.80
Top Movies By August 24, 1949
1 Jolson Sings Again
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Jolson Sings Again
2 It's a Great Feeling
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It's a Great Feeling
3 Mighty Joe Young
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Mighty Joe Young
4 In the Good Old Summertime
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In the Good Old Summertime
5 Come to the Stable
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Come to the Stable
6 The Big Steal
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The Big Steal
7 The Fountainhead
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The Fountainhead
8 Neptune's Daughter
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Neptune's Daughter
9 Red River
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Red River
10 The Three Musketeers
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The Three Musketeers
The Accused
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The Accused
Act of Violence
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Act of Violence
Caught
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Caught
Down to the Sea in Ships
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Down to the Sea in Ships
Flamingo Road
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Flamingo Road
The Bribe
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The Bribe
A Letter to Three Wives
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A Letter to Three Wives
Little Women
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Little Women
The Set-Up
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The Set-Up
Champion
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Champion
The Barkleys of Broadway
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The Barkleys of Broadway
The Window
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The Window
Knock on Any Door
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Knock on Any Door
The Red Pony
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The Red Pony
The Stratton Story
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The Stratton Story
Home of the Brave
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Home of the Brave
Gun Crazy
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Gun Crazy
Criss Cross
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Criss Cross
Impact
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Impact
The Lady Gambles
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The Lady Gambles
The Great Sinner
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The Great Sinner
The Paleface
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The Paleface
The Snake Pit
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The Snake Pit
Rope
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Rope
He Walked by Night
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He Walked by Night
Macbeth
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Macbeth
Portrait of Jennie
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Portrait of Jennie
Act of Violence
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Act of Violence
Joan of Arc
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Joan of Arc
August 24, 1949 Trivia
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The Story of August 24, 1949

On August 24, 1949, a significant legal testimony took place which challenged the prevailing narrative regarding the Communist Party's movements in the United States.

🧠 Inventions of 1949

Breakthroughs and everyday innovations from the year.

1 Commercial Transistor Production
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Commercial Transistor Production
2 Jet Commercial Airliner
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Jet Commercial Airliner
3 Hydrogen Bomb Design
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Hydrogen Bomb Design
4 Magnetic Resonance Imaging Theory
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Magnetic Resonance Imaging Theory
5 Modern Credit Card Concept
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Modern Credit Card Concept
6 Anti-Lock Braking System Prototype
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Anti-Lock Braking System Prototype
7 Artificial Intelligence Theory
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Artificial Intelligence Theory
8 Polyester Fabric
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Polyester Fabric
9 Portable Television
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Portable Television
10 High-Speed Photocopier
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High-Speed Photocopier

HEADLINES ON August 24, 1949

Full News Archive

  • Headline: Witness Denies Shift in Communist Policy. Impact: The denial of past Communist policies led to a series of public debates that caused future politicians to double down on their rhetoric, eventually resulting in a national obsession with Red Scares and a panic over invisible communists hiding under beds. Thanks, witness!. Fact: In the 1950s, it was considered a serious offense to be accused of communism, but apparently, nobody told that to this witness who just casually strolled into court with a 'no big deal' attitude..
  • Headline: Pension Fraud Scandal in Upstate New York. Impact: This pension fraud case sparked a nationwide trend of former troopers seeking extra dough, leading to a wave of 'creative accounting' that inspired countless sitcom episodes where retired cops suddenly become amateur accountants.. Fact: It's funny how a little extra pay can lead to a whole lifetime of legal trouble. Who knew that honesty was still the best policy?.
  • Headline: New Appointments at NYU Education School. Impact: The hiring of three new staff members at NYU accidentally led to the invention of overpriced coffee and the widespread use of the phrase 'unprecedented educational experience' in academic marketing.. Fact: NYU has a long tradition of hiring staff, but don't worry, none of them will ever be paid enough to afford their own tuition..
  • Headline: Dewey Moves to Halt Bell Strike, Bids State Board Break Impasse; Governor Accedes to Request of CIO Union as A. S. Meyer, Mediation Chief, Asks Msgr. Boland to Join in Talks. Impact: Dewey's attempt to halt the strike marked the beginning of a long tradition of governors solving problems by calling in mediators, which eventually led to a nationwide shortage of mediators and an increase in the number of people wearing 'I love unions' T-shirts.. Fact: Mediation: because sometimes, talking things out really is just a fancy way of avoiding the real issues..
  • Headline: FORMOSA HOPEFUL OF U. S. AID ON REDS; Some Islanders Raise Legal Technicality as Means of Thwarting Invasion. Impact: Formosa's hope for U.S. aid resulted in a decades-long dependency that sparked countless debates about sovereignty, leading to a cocktail party where world leaders argued over who could claim the best 'we saved you' stories.. Fact: Legal technicalities are like those annoying pop-up ads; they always show up at the worst time and nobody really knows how to get rid of them..
  • Headline: Eisler Goes to Moscow Parley. Impact: Eisler's trip to Moscow inadvertently led to the rise of global espionage and the creation of the phrase 'Keep your friends close, but your enemies closer,' which became a favorite among future politicians and spies alike.. Fact: Eisler going to Moscow sounds like the beginning of a bad spy novel, but alas, it was just another Tuesday in the Cold War..
  • Headline: Baby-Sitters to Aid Voters. Impact: The introduction of baby-sitters to aid voters would eventually lead to a new generation of politically aware toddlers who could recite party platforms while simultaneously playing with blocks.. Fact: Because nothing says democracy like letting your babysitter take care of your voting responsibilities while you binge-watch your favorite show..
  • Headline: CHINA REDS REPORT LOOTING OF IRON MINE. Impact: The looting of the iron mine by the Chinese Reds began a long tradition of resource disputes that would later inspire both action movies and international sanctions, proving that nothing says 'we want peace' like a good old-fashioned heist.. Fact: Irony alert: The Red army was more interested in looting than in any actual mining efforts. Who knew communism came with such a fun side of kleptomania?.
  • Headline: Rumania Celebrates Liberation. Impact: Rumania's celebration of liberation eventually turned into an annual festival where people dressed as Nazis marched backwards to symbolize moving on, leading to a bizarre cultural phenomenon that involved lots of awkward historical reenactments.. Fact: Liberation celebrations are typically festive, but Rumania's looks a bit like a history class gone wrong. It turns out, liberation doesn’t always come with cake..
  • Headline: President Is Invited To States Rights Hub. Impact: President Truman’s invitation to the States Rights Hub set the stage for a long, winding road of state politics that would eventually lead to an explosion of local pride, resulting in questionable state slogans and lots of bumper stickers.. Fact: States Rights: because nothing says 'we know better than the federal government' quite like a bunch of folks in a room arguing over who gets to control the speed limit..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1949, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1949
$0.06
Value in 2025
$3,433,939

Johnson & Johnson - If you invested $1,000 in 1949, it would be worth $3,433,939 today (3433.9x return)

Rank #2
PG
Procter & Gamble
Price in 1949
$0.25
Value in 2025
$586,657

Procter & Gamble - If you invested $1,000 in 1949, it would be worth $586,657 today (586.7x return)

Rank #3
KMB
Kimberly-Clark
Price in 1949
$0.69
Value in 2025
$147,887

Kimberly-Clark - If you invested $1,000 in 1949, it would be worth $147,887 today (147.9x return)

🦸 Top 5 Comics
Vault of Horror #12
Vault of Horror #12
$1,500
All-Negro Comics #1
All-Negro Comics #1
$85
Adventure Comics #252
Adventure Comics #252
$1,500
Captain America Comics #71
Captain America Comics #71
$1,200
Joe Palooka Comics #55
Joe Palooka Comics #55
$150
🧸 Top 5 Toys
LEGO Bricks
LEGO Bricks
$300.00
Silly Putty
Silly Putty
$75.00
The Buzzy Bee
The Buzzy Bee
$150.00
Candy Land
Candy Land
$50.00
Clip-Clop the Harness Horse
Clip-Clop the Harness Horse
$150.00
⚾ Top 5 Trading Cards
1949 Bowman Jackie Robinson
1949 Bowman Jackie Robinson
$250,000
1949 Leaf Satchel Paige
1949 Leaf Satchel Paige
$228,000
1949 Bowman Stan Musial
1949 Bowman Stan Musial
$30,000
1949 Bowman Duke Snider
1949 Bowman Duke Snider
$30,000
1949 Leaf Babe Ruth
1949 Leaf Babe Ruth
$89,175