MAY 18, 1950

THURSDAY
$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 18, 1950
1 Father of the Bride
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Father of the Bride
2 Annie Get Your Gun
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Annie Get Your Gun
3 The Asphalt Jungle
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The Asphalt Jungle
4 In a Lonely Place
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In a Lonely Place
5 The Damned Don't Cry
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The Damned Don't Cry
6 Cheaper by the Dozen
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Cheaper by the Dozen
7 Cinderella
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Cinderella
8 Three Came Home
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Three Came Home
9 Samson and Delilah
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Samson and Delilah
10 Adam's Rib
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Adam's Rib
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
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 18, 1950 Trivia
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Television On May 18, 1950
The Story of May 18, 1950

On May 18, 1950, a significant decision was made by a House committee as they voted to reduce the long-term capital gains tax to 16%.

🧠 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 18, 1950

Full News Archive

  • Headline: House Votes to Cut Capital Gains Tax. Impact: By slashing the capital gains tax, the House inadvertently triggered a chain reaction that led to a sudden surge in investment in pet rocks and lava lamps, forever changing the landscape of 70s home decor.. Fact: The only reason you know what a 'capital gains tax' is today is because someone at a dinner party in 1970 awkwardly started discussing it instead of the weather..
  • Headline: Lie's Assurance Amid Moscow Discussions. Impact: If only Stalin had taken up yoga instead of politics, the rumors of his illness would have led to a global wellness revolution instead of a Cold War. But alas, downward dog was not on the agenda.. Fact: Moscow's idea of 'good health' may have been a little differentβ€”think of it as a 'no news is good news' policy, which is ironic coming from a regime that thrived on propaganda..
  • Headline: Buick's Record Dynaflow Transmission Production. Impact: Buick's production record not only set a benchmark for car manufacturing but also inspired a whole generation of garage mechanics to believe they could fix anything, including their relationships.. Fact: The Dynaflow transmission was so smooth that many thought it was just a fancy name for the driver’s ability to avoid potholes..
  • Headline: Boy, 11, Is a Sixth Grader And University Freshman. Impact: By accepting an 11-year-old into university, the education system unknowingly paved the way for future prodigies to invent time machines, making every boring lecture a thing of the past.. Fact: B Gordon probably had more intellectual debates in his sixth-grade classroom than most adults in their entire livesβ€”thank you, childhood innocence!.
  • Headline: SEEKS FUNDS FOR ROADS; State Highway Group Offers a New Plan for Motor Revenues. Impact: This plan to keep road funds from being diverted likely led to the invention of carpool karaoke, as people tried to distract themselves from the potholes they were driving over.. Fact: The only thing more thrilling than a new plan for motor revenues is watching paint dryβ€”at least the paint won’t give you a headache..
  • Headline: ERICKSON'S RECORDS OF GAMBLING BARE UNDERWORLD LINKS; Partner With Adonis, Lanskys and Other Racketeers in 2 Florida Gaming Casinos $685,538 PROFIT ONE YEAR Two Notes of Frank Costello for $50,000 Also Cited in the Fight for Seized Documents Link Bared at Hearing ERICKSON RECORDS UNDERWORLD LINK. Impact: Erickson's gambling connections ultimately inspired aspiring mobsters to use more elaborate disguises, leading to the rise of the 'mobster in a Hawaiian shirt' trend.. Fact: If you think casino gambling is all fun and games, you should see the paperwork involvedβ€”it's basically a game of Monopoly gone horribly wrong..
  • Headline: CENTER FOR ADOLESCENTS; Brooklyn Child-Care Council to Open New Facility. Impact: The opening of a new child-care facility led to an unexpected rise in the number of future superheroes, as many of the boys grew up believing they could save the world from boredom.. Fact: Child-care centers have been known to produce more dreamers than any amount of caffeine could ever hope to achieve..
  • Headline: TREATMENT URGED TO CURB SEX CRIME; 2 Psychiatrists Would Widen Diagnostic Services to Make New State Law Effective. Impact: The push for psychiatric exams for sex offenders opened the door for the 'diagnose and deny' movement, where people started diagnosing their friends with 'quirky' conditions instead of just saying they were weird.. Fact: Psychiatrists have often remarked that diagnosing someone is just a fancy way of saying, 'I see you, and it’s not pretty.'.

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