MAY 23, 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 23, 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 Caged
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Caged
6 The Damned Don't Cry
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The Damned Don't Cry
7 Cheaper by the Dozen
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Cheaper by the Dozen
8 Cinderella
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Cinderella
9 Three Came Home
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Three Came Home
10 Samson and Delilah
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Samson and Delilah
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
Samson and Delilah
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Samson and Delilah
Gun Crazy
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Gun Crazy
May 23, 1950 Trivia
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Television On May 23, 1950
What's My Line? poster
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What's My Line?
The Colgate Comedy Hour poster
The Colgate Comedy Hour
The Bob Hope Show poster
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The Bob Hope Show
Your Show of Shows poster
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Your Show of Shows
Cameo Theatre poster
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Cameo Theatre
The Story of May 23, 1950

On May 23, 1950, a significant event unfolded as U.

🧠 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

HEADLINES ON May 23, 1950

Full News Archive

  • Headline: Perfume Import Regulations for Tourists. Impact: Due to the new perfume regulations, tourists began to develop a keen sense of smell, leading to an epidemic of overly critical reviews of local cuisine. This caused chefs to revolutionize their dishes, resulting in the invention of fusion cuisine that would eventually lead to the rise of food bloggers and influencers. The butterfly flapped its wings, and suddenly everyone is filming their avocado toast.. Fact: Did you know that perfume was once considered a luxury item so rare that it was frequently used as currency? Imagine trading a bottle of Chanel No. 5 for a loaf of bread. How the times have changed!.
  • Headline: U.S. Educators Praise E.R.P. Investment. Impact: The 'superlative investment' in education sparked an arms race of educational jargon, leading to a world where every meeting included at least ten acronyms and buzzwords. As a result, productivity plummeted while the sales of coffee and donuts skyrocketed. Thank you, education!. Fact: E.R.P. might sound like a cool tech gadget, but it actually stands for 'Educational Resource Planning.' Sounds thrilling, right? Next time someone mentions it, feel free to yawn dramatically..
  • Headline: SS Santa Cristina's Fiery Fate. Impact: The fiery demise of the SS Santa Cristina led to a shortage of bananas, causing a global panic that resulted in the first-ever Banana Black Market. This underground economy eventually spurred a rise in banana-themed fashion, paving the way for the infamous 'banana republic' trend in the 1980s. Fashion is a slippery slope, folks.. Fact: Bananas are technically berries, and this tragic incident involved the loss of not just a ship but also an entire shipment of berry-berries. Sometimes, you just can't peel away the irony..
  • Headline: Borden Buys Lily Ice Cream Co. Impact: Borden's acquisition of Lily Ice Cream Co caused an ice cream war that led to the invention of flavors like 'Bacon Maple Explosion' and 'Spicy Avocado Delight.' Surprisingly, these flavors didn't catch on, but the war did spark a nationwide debate on whether pineapple belongs on pizza. Spoiler: it does!. Fact: Borden's mascot, Elsie the Cow, was more popular than most politicians of her time. Perhaps we should consider running her for officeβ€”she'd definitely have a 'moo-ving' campaign!.
  • Headline: 'Gold' Cry in Northwest Starts Prospector Rush. Impact: The mad dash for gold near Olympia not only fueled a rush of prospectors but also kickstarted a boom in terrible 'gold rush' movies, leading to a generation of bad actors and even worse hairstyles. This frenzy eventually resulted in the invention of reality TV as we know it, because who doesn't love watching people dig holes for questionable rewards?. Fact: The phrase 'There's gold in them thar hills!' was actually coined by a prospector who lost a bet to a chicken. The chicken was later awarded a medal for bravery in the face of poor decision-making..
  • Headline: GRAND JURY HEARS ERICKSON'S 'FRONT'; GAMBLING WITNESS. Impact: The investigation into Erickson's gambling activities ignited a series of high-profile trials that led to the establishment of the phrase 'being in the wrong place at the wrong time' as a legal defense. Lawyers everywhere rejoiced, and the phrase became more popular than everβ€”right alongside 'I plead the fifth.'. Fact: Gambling laws have changed so much since then, yet somehow, people still think they can win at bingo. Spoiler: they can't!.
  • Headline: GOLDMAN ASKS U.S. AID IN ARMING OF ISRAEL. Impact: Goldman's request for U.S. aid in arming Israel set off a chain reaction that would lead to decades of international debates, diplomatic faux pas, and an endless supply of awkward political dinners where everyone pretended to enjoy tofu. The butterfly flaps, and suddenly, everyone's trying to solve the intricate puzzle of Middle Eastern politics.. Fact: Diplomacy is often compared to a game of chess, but let’s be honestβ€”it’s more like a game of Twister where everyone’s trying not to fall over while balancing on one leg..
  • Headline: LABOR WINS AGAIN IN COMMONS TEST; Opposition Housing Challenge Is Defeated by 6 Votes-- Bevan Taunts Churchill. Impact: Labor's victory over the opposition not only solidified their power but also created a rift so deep it inspired the future of political memes and snarky commentary. This led to a generation of politicians who were more concerned about their Twitter presence than actual governance. Who knew a vote could be so meme-worthy?. Fact: Political taunting is an ancient tradition; in fact, it dates back to the Roman Senate, where senators would throw grapes at each other instead of insults. Some things never change!.
  • Headline: DUTCH ASSIGN CRASH ONUS; Air Inquiry Unit Puts on Pilot Some Blame for 1949 Tragedy. Impact: The inquiry into the pilot's mistakes in the 1949 crash not only led to stricter aviation regulations but also inspired a generation of pilots to develop their own set of excuses for future mishaps. The classic 'the dog ate my flight plan' was born, leading to a new chapter in aviation history.. Fact: Aviation safety has come a long way since 1949. Nowadays, pilots are required to have more training than a barista at a hipster coffee shop. And trust us, that's a lot of training!.

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