MAY 24, 1950

WEDNESDAY
$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 24, 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
May 24, 1950 Trivia
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Television On May 24, 1950
The Story of May 24, 1950

On May 24, 1950, tensions escalated in the Dutch-Indonesian dynamic as Dutch officials vehemently condemned Indonesia's policy towards autonomous states, particularly focusing on West New Guinea.

🧠 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 24, 1950

Full News Archive

  • Headline: Dutch Challenges Indonesian Governance Claims. Impact: This uproar over governance and autonomy led to Indonesia becoming a hotspot for international diplomatic drama. Fast forward a few decades, and you’ll find that international debates on sovereignty have now become a favorite pastimeβ€”right next to binge-watching reality TV.. Fact: Did you know that in the long run, international disputes can lead to a lot more than just angry letters? They can also inspire some truly terrible diplomatic sitcoms..
  • Headline: New City Sewer Charge Introduced in 1950. Impact: The introduction of this sewer charge marked the beginning of endless city council meetings about budget allocations. This eventually paved the way for public officials everywhere to master the art of dodging responsibilityβ€”while simultaneously increasing their own salaries.. Fact: Fun fact: The only thing more relentless than city sewer charges are the complaints about them. It’s like a never-ending cycle of 'who can pay more for the privilege of flushing.'.
  • Headline: DRAPER AND ADLER HELD 'HIDDEN' REDS; Mrs. McCullough Also Accuses Roosevelt of 'Selling Us Out' and of Appeasing Stalin Says Roosevelt Sold Us Out Espousing Party Line Denied. Impact: This witch hunt against supposed 'Reds' set off a series of events that would lead to the McCarthy era, where everyone suddenly became a suspect. The ripple effect? A generation of Americans who learned that paranoia can be as American as apple pie.. Fact: Did you know that accusing someone of communism was basically the 20th-century equivalent of calling someone a 'meanie'? It was a surefire way to ruin a reputation and keep your own pristine..
  • Headline: KNOWLAND SAYS LIE IS APPEASING SOVIET. Impact: This statement initiated a chain reaction of political rhetoric that would make politicians today blush. The idea that lying could be a political strategy? Now that's a well-honed art form, perfected through decades of practice!. Fact: Did you know that in politics, telling the truth is so rare that when it happens, people usually assume it’s an accident? Surprise!.
  • Headline: PRESS CODE VOTED BY U.N. SUBGROUP; Montevideo Document Will Go Before Economic Council-- Yugoslav's View Caustic Lebanese Seeks an Addition Roll Call Vote Taken. Impact: The establishment of this press code led to a future where journalists would either have to work with strict regulations or be on the receiving end of a good old-fashioned lawsuit. Now that's a path to freedom of the pressβ€”if by 'freedom' you mean a tightrope act!. Fact: Did you know that press codes can sometimes be so vague that they leave journalists wondering whether they’re writing news articles or preparing for a game of charades?.
  • Headline: B-24 Shot Down by China Reds. Impact: This incident added fuel to the fire of Cold War tensions, leading to a decades-long standoff where everyone was just one miscommunication away from global chaos. It's like the ultimate game of 'who's going to push the button first?'. Fact: The downing of planes during conflicts often leads to diplomatic discussions that sound more like a bad breakup than serious negotiations. 'It’s not you, it’s the war.'.
  • Headline: SHANGHAI 'DYING,' REFUGEES DECLARE; Leaders Among 700 Arriving in U.S. Describe Communists' Stranglehold on Business Instruction to Doctors Trade Prospects Discounted. Impact: This desperate declaration paved the way for a wave of refugees seeking a better life, forever altering the cultural landscape of America. Who knew that fleeing a 'dying' city would lead to the birth of a culinary revolution in the West?. Fact: Did you know that the stories of refugees often become the foundation for some of the most compelling narratives in literature? Because nothing says 'inspiring' quite like overcoming adversity and finding new beginnings..

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