MAY 7, 1950

SUNDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1950
WOULD HAVE MADE YOU $4,974,536 IN THE 2025 DATASET
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 From 1950
1 King Solomon's Mines
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King Solomon's Mines
2 All About Eve
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All About Eve
3 Annie Get Your Gun
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Annie Get Your Gun
4 Cinderella
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Cinderella
5 Father of the Bride
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Father of the Bride
6 Sunset Boulevard
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Sunset Boulevard
7 Broken Arrow
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Broken Arrow
8 Cheaper by the Dozen
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Cheaper by the Dozen
9 Born Yesterday
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Born Yesterday
10 The Flame and the Arrow
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The Flame and the Arrow
Cinderella
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Cinderella
Gun Crazy
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Gun Crazy
The Great Rupert
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The Great Rupert
Three Came Home
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Three Came Home
D.O.A.
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D.O.A.
Cheaper by the Dozen
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Cheaper by the Dozen
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
Samson and Delilah
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Samson and Delilah
Battleground
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Battleground
On the Town
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On the Town
Twelve O'Clock High
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Twelve O'Clock High
Sands of Iwo Jima
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Sands of Iwo Jima
Dear Wife
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Dear Wife
May 7, 1950 Trivia
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Television On May 7, 1950
The Story of May 7, 1950

On May 7, 1950, discussions surrounding the Tennessee Valley Authority (TVA) captured the attention of Congress as numerous projects were evaluated for their potential contributions to national welfare.

Inventions & Breakthroughs of May 1950

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

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

Popular recordings and roots/country selections associated with the year

HEADLINES ON May 7, 1950

Full News Archive

  • Headline: Evaluating More TVA Projects. Impact: If Congress had decided to approve more TVA projects, we might have been living in a world where hydroelectric power was the equivalent of bottled waterβ€”everyone wants it, but nobody really knows how it works. Thanks, Congress!. Fact: Did you know that the TVA was originally created during the Great Depression? Because nothing screams β€˜economic revival’ like a government project that sounds like a fancy vacation destination..
  • Headline: Retail Store Sales Growth in 1950. Impact: Retail store sales fluctuated like a toddler's mood, leading to a shopping apocalypse where people thought buying more shoes would save the economy. Spoiler alert: it didn’t.. Fact: Fun fact: Retail therapy is a real thing, but it was way more effective before online shopping made it too easy to buy five pairs of shoes you don't need!.
  • Headline: Foreign Investment Welcomed in Panama. Impact: Panama inviting foreign capital was like opening a Pandora's box, where everyone thought they could get rich quick, but instead just ended up with a lot of confusing paperwork and some questionable investments.. Fact: Did you know that Panama is famous for its canal? Because nothing says 'welcome' like a massive waterway that makes you question the need for roads..
  • Headline: SCIENCE AND SECRECY. Impact: Science and secrecy intertwined like a bad romance novel, where too much secrecy led to a series of unfortunate events that had scientists questioning if they were working on breakthroughs or just elaborate cover-ups.. Fact: Did you know that the AEC was often criticized for its secrecy? Because nothing builds trust like telling people 'trust us, we’re doing science' without any actual proof..
  • Headline: ON THE RADIO THIS WEEK. Impact: Radio broadcasts were basically the social media of the 50s, where everyone suddenly felt like they were a celebrity with a platform. Spoiler: half the audience changed the channel within 30 seconds.. Fact: Did you know that radio was the original influencer? Sure, they didn't have Instagram, but they definitely influenced your grandmother’s choice in soap operas..
  • Headline: GROSS' U.N. BROADCAST OPPOSES SOVIET BAR. Impact: Gross opposing the Soviet bar was like a high school debate where everyone pretended their opinions mattered. It led to endless discussions about freedom and democracy, while the actual bar remained firmly in place.. Fact: Did you know that debating the Soviets was basically the 'cool kids' table of the political world? Everyone wanted to join, but no one wanted to get caught in the crossfire..
  • Headline: Britons on Textile Body in Tokyo. Impact: Britons arriving in Tokyo was like sending a group of tourists to a sushi restaurant and asking them to negotiate world peace – it was a cultural clash that laid the groundwork for future diplomatic awkwardness.. Fact: Did you know that delegations often come with their own set of assumptions? Like thinking everyone wants tea when they really just want sushi..
  • Headline: West's Defense of Germany In Pact Sought by Adenauer; ADENAUER TO ASK WEST FOR DEFENSE German Optimism Rises Fears for Industries. Impact: Adenauer's plea for defense from the West was like asking for a big brother to step in during a schoolyard fight. It might have worked, but it also led to a lot of tension and a few broken playgrounds.. Fact: Did you know that West Germany's neutrality was about as realistic as a unicorn? Everyone wanted it, but nobody really believed it would happen..
  • Headline: U.S. SYSTEM ANSWER TO REDS, SAYS GREEN. Impact: Green's claim that the U.S. system was the answer to the Reds was like a bold statement at a family dinner – it stirred the pot and made everyone question their life choices. It also created a divide that lasted for decades.. Fact: Did you know that the AFL was all about free enterprise? Because nothing says 'freedom' like a union that fights for workers while also ensuring they get paid fairly – a real paradox!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1950, here's what the stored 2025 dataset estimates.
Rank #1
JNJ
Johnson & Johnson
Price in 1950
$0.06
2025 dataset value
$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
2025 dataset value
$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
2025 dataset value
$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