AUGUST 26, 1949

FRIDAY
$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 26, 1949
1 Jolson Sings Again
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Jolson Sings Again
2 I Was a Male War Bride
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I Was a Male War Bride
3 Madame Bovary
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Madame Bovary
4 It's a Great Feeling
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It's a Great Feeling
5 Mighty Joe Young
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Mighty Joe Young
6 In the Good Old Summertime
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In the Good Old Summertime
7 Come to the Stable
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Come to the Stable
8 The Big Steal
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The Big Steal
9 The Fountainhead
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The Fountainhead
10 Neptune's Daughter
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Neptune's Daughter
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 26, 1949 Trivia
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The Story of August 26, 1949

On August 26, 1949, significant discussions unfolded in New Haven regarding the controversial Red Cap Fee system, which was deemed excessively costly for the city.

🧠 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 26, 1949

Full News Archive

  • Headline: New Haven's Red Cap Fee Dilemma. Impact: The loss of $114,503 in 1948 led to a city-wide panic over finances, resulting in the invention of the 'New Haven Emergency Penny Jar' which inspired multiple generations to hoard pennies. Who knew a financial blunder could spark a nationwide trend in penny-pinching?. Fact: Did you know that New Haven is known for its pizza? Maybe if they had invested in better toppings instead of fee systems, they wouldn't be crying over lost cash!.
  • Headline: Life and Legacy of Frederick M. Hansen. Impact: Hansen's historical significance is like a book that no one reads; his existence may have contributed to a minor uptick in middle names that no one remembers. Thanks, Frederick!. Fact: Did you know that if you say 'Frederick M. Hansen' three times in a row, you summon an awkward dinner party conversation?.
  • Headline: State and Federal Review of Relief Cases. Impact: This decision led to a never-ending bureaucracy that would make even the most patient of citizens question their life choices. The sheer volume of paperwork inspired a generation of future procrastinators.. Fact: Did you know that studying case records is just a fancy way of saying, 'We're going to take a long time to do absolutely nothing'?.
  • Headline: WIDE TAX REVISION PROPOSED IN JAPAN; Shoup Plan Would Cut the Top Income Tax From 84 to 55% End Excess Profits Levy. Impact: Dr. Shoup's genius plan not only lightened the tax burden but also sparked an economic miracle that led to Japan's rise as a global powerhouse. All thanks to a tax cutβ€”who knew money could magically create success?. Fact: Did you know that in Japan, people still debate whether taxes or sushi are the real source of happiness? Spoiler alert: it's sushi..
  • Headline: DR. FRANK THONE, A SCIENCE WRITER; Biology Editor of News Agency Dies at 58--Covered Tests of Atomic Bomb at Bikini. Impact: Thone's passing marked a pivotal moment in science journalism, leading to the rise of more sensationalist reporting. Because who needs facts when you can have drama, right?. Fact: Did you know that covering atomic bomb tests is not on the list of recommended job perks? Just a little too explosive for most career paths!.
  • Headline: Of Local Origin. Impact: The RKO Radio Pictures court drama set off a series of legal battles in Hollywood that birthed the phrase 'You can’t handle the truth!'β€”making courtroom drama the new genre everyone loves to binge.. Fact: Did you know that RKO is not just a studio but also a nice little reminder of why lawyers have billable hours?.
  • Headline: STORE SALES SHOW 7% DROP IN NATION; Decline Reported During Week Compares With Year Ago -- Specialty Trade Off 14%. Impact: This sales slump was the catalyst for the 'Buy One Get One Free' sales that haunt our dreams to this day. Thanks to a 7% drop, we now have an addiction to impulse buys.. Fact: Did you know that the term 'specialty trade' is just a polite way of saying 'we sell weird stuff that nobody really needs'?.
  • Headline: CHICAGO FILM SUIT SEEKS $25,867,000; Essaness Theatres and Others File Monopolistic Practices Charges Against 10 Firms. Impact: This lawsuit made Hollywood realize that monopolistic practices could lead to a plethora of lawsuitsβ€”because nothing says 'entertainment' like a legal battle over popcorn sales.. Fact: Did you know that the real drama in Hollywood isn’t on-screen but rather in the courtroom? Grab your popcorn!.

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