MAY 2, 1950

TUESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1950
WOULD HAVE MADE YOU $4,974,536 IN 2025
Min_Wage_Hourly: $0.75
Median_Home_Price: $7,400.00
Gas_Price_Avg: $0.27
Bread_Price_Avg: $0.14
Movie_Ticket_Avg: $0.46
First_Class_Stamp: $0.03
Milk_Price_Avg: $0.83
Top Movies By May 2, 1950
1 Cheaper by the Dozen
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Cheaper by the Dozen
2 Cinderella
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Cinderella
3 Three Came Home
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Three Came Home
4 Samson and Delilah
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Samson and Delilah
5 Adam's Rib
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Adam's Rib
6 Sands of Iwo Jima
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Sands of Iwo Jima
7 Little Women
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Little Women
8 She Wore a Yellow Ribbon
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She Wore a Yellow Ribbon
9 A Letter to Three Wives
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A Letter to Three Wives
10 On the Town
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On the Town
Gun Crazy
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Gun Crazy
The Great Rupert
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The Great Rupert
D.O.A.
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D.O.A.
The Happiest Days of Your Life
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The Happiest Days of Your Life
The Capture
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The Capture
Stromboli
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Stromboli
Battleground
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Battleground
Twelve O'Clock High
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Twelve O'Clock High
Dear Wife
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Dear Wife
May 2, 1950 Trivia
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Television On May 2, 1950
The Story of May 2, 1950

On May 2, 1950, the aftermath of a four-day strike saw the building service return to normal as issues were reviewed by the Board.

🧠 Inventions of 1950

Breakthroughs and everyday innovations from the year.

1 Magnetic Core Memory
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Magnetic Core Memory
2 Hydrogen Bomb Prototype
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Hydrogen Bomb Prototype
3 Charge-Coupled Device Concept
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Charge-Coupled Device Concept
4 Optical Fiber Concept
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Optical Fiber Concept
5 Commercial Credit Card
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Commercial Credit Card
6 Microwave Relay Network
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Microwave Relay Network
7 Automatic Seat Belt
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Automatic Seat Belt
8 Electronic Music Synthesizer
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Electronic Music Synthesizer
9 High-Speed Digital Computer
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High-Speed Digital Computer
10 Weather Satellite Concept
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Weather Satellite Concept

The Sounds of

The biggest hits of the year β€” Top 10 Pop & Country chart toppers

HEADLINES ON May 2, 1950

Full News Archive

  • Headline: Service Resumes After Four-Day Strike. Impact: The resolution of the building service strike brought about the idea of 'normalcy' which, ironically, made everyone question if normal was ever actually normal. Spoiler alert: it wasn't.. Fact: Fun fact: if you look up 'normal' in the dictionary, it’s just a picture of a person furiously Googling 'how to fix everything.'.
  • Headline: Liaquat Ali's Key Meeting with Attlee. Impact: Liaquat Ali's meeting with Attlee was the start of many diplomatic handshakes that would eventually lead to the awkward global 'let's just be friends' phaseβ€”thank you, politics.. Fact: Did you know that this meeting could have been a great place for a selfie? Instead, they chose to discuss world issues. Boring!.
  • Headline: SINGLE UNION FAVORED BY U.S. IN ALUMINUM. Impact: The NLRB's preference for a single union in aluminum set off a chain reaction of confusion among workers, leading to the creation of the 'What Do We Call Ourselves?' committeeβ€”because clarity is overrated.. Fact: Did you know that aluminum was originally considered a luxury metal? It was like the 'fancy' version of tin foil. Times have changed!.
  • Headline: 'MINES' IN YANGTZE FAIL TO HALF SHIP; Blockade Runner in a Round Trip Visit to Shanghai--Reds Seize Hainan Escape Port. Impact: The blockade runner's success inspired a series of ill-fated attempts at 'creative sailing,' leading to a surge in maritime reality shows that no one asked for.. Fact: Did you know that ships used to be called 'blockade runners' long before they became 'Instagram influencers'? Who knew sailing could be so glamorous?.
  • Headline: DR. ELLIOTT HONORED; 300 Attend Dinner Given for Seminary Faculty Member. Impact: Dr. Elliott's honorary dinner was a pivotal moment for academiaβ€”unfortunately, it also meant everyone else had to step up their game for retirement parties. Thanks a lot, Dr. Elliott.. Fact: Did you know that Dr. Elliott’s retirement party actually ran out of cake? A tragedy that some say was the true end of an era..
  • Headline: Postal Service Cuts Begin June 1 At Offices in Manhattan and Bronx; POST OFFICE CUTS WILL BEGIN JUNE 1. Impact: The postal service cuts started a trend of 'snail mail anxiety,' where people began to panic about their letters not arriving on timeβ€”spoiler, they never did.. Fact: Did you know that 'snail mail' used to be a term of endearment? Now, it’s just a reminder that your birthday card might arrive after your next birthday..
  • Headline: ARGENTINA TO GET U.S. CREDIT OFFER OF $125,000,000; Truman Authorization Is Seen --Purpose Is to Fund Debts and Buy Farm Machines AID TO BRAZIL ENDORSED World Bank Loan for a Dam Backed, as Well as Fiscal Help for Chile, Mexico. Impact: Argentina receiving U.S. credit was a classic case of 'I’ll scratch your back if you scratch mine,' which eventually led to the phrase 'monetary diplomacy' being coinedβ€”because why not add some flair to shady deals?. Fact: Did you know that this credit offer was actually just a really expensive way of saying, 'We like your tango, but can you pay for the lessons?'.
  • Headline: Hetty Green's Estate Passes to Companion Of Her Son's Widow Under the Latter's Will. Impact: Hetty Green's estate passing to her son’s widow raised eyebrows and sparked debates about inheritance laws that would ripple through time, influencing future generations to hide their wealth under mattresses instead.. Fact: Did you know that Hetty Green was known as the 'Witch of Wall Street'? Not for her financial acumen, but because she allegedly brewed her own teaβ€”truly terrifying..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1950, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1950
$0.06
Value in 2025
$3,433,941

Johnson & Johnson - If you invested $1,000 in 1950, it would be worth $3,433,941 today (3433.9x return)

Rank #2
PG
Procter & Gamble
Price in 1950
$0.25
Value in 2025
$586,657

Procter & Gamble - If you invested $1,000 in 1950, it would be worth $586,657 today (586.7x return)

Rank #3
MO
Philip Morris
Price in 1950
$0.00
Value in 2025
$23,651,330

Philip Morris - If you invested $1,000 in 1950, it would be worth $23,651,330 today (23651.3x return)

🦸 Top 5 Comics
Crime Suspenstories #1
Crime Suspenstories #1
$2,500
Classics Illustrated #75: Oliver Twist
Classics Illustrated #75: Oliver Twist
$75
Marvel Family #10
Marvel Family #10
$300
Mutiny On The Bounty #1
Mutiny On The Bounty #1
$150
Walt Disney'S Comics And Stories #111
Walt Disney'S Comics And Stories #111
$50
🧸 Top 5 Toys
Magic 8-Ball
Magic 8-Ball
$30.00
Silly Putty
Silly Putty
$25.00
Lone Ranger Guns And Holster Set
Lone Ranger Guns And Holster Set
$150.00
Davy Crockett Coonskin Cap
Davy Crockett Coonskin Cap
$150.00
Cootie Game
Cootie Game
$25.00
⚾ Top 5 Trading Cards
1950 Bowman Jackie Robinson
1950 Bowman Jackie Robinson
$1,200
1950 Callahan Hall Of Fame Babe Ruth
1950 Callahan Hall Of Fame Babe Ruth
$50,000
1950 R714-27 Topps 'Funny Foldees'
1950 R714-27 Topps 'Funny Foldees'
$2,000
1950 Swedish Cigarett-Paket Gretzky Tobacco Stamp
1950 Swedish Cigarett-Paket Gretzky Tobacco Stamp
$1,500
1950 L-M Gum Superman
1950 L-M Gum Superman
$250,000