JULY 7, 1950

FRIDAY
$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
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.
Destination Moon
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Destination Moon
The Asphalt Jungle
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The Asphalt Jungle
Caged
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Caged
The Gunfighter
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The Gunfighter
Where the Sidewalk Ends
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Where the Sidewalk Ends
My Friend Irma Goes West
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My Friend Irma Goes West
The Happiest Days of Your Life
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The Happiest Days of Your Life
Mystery Street
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Mystery Street
In a Lonely Place
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In a Lonely Place
The Damned Don't Cry
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The Damned Don't Cry
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
July 7, 1950 Trivia
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Television On July 7, 1950
The Story of July 7, 1950

On July 7, 1950, a significant increase in arms orders was reported, with the U.

Inventions & Breakthroughs of July 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 July 7, 1950

Full News Archive

  • Headline: Detroit's Booming Arms Contracts of 1950. Impact: This massive arms order in Detroit had unforeseen consequences. It not only fueled a decades-long arms race but also led to the rise of defense contractors becoming the ultimate β€˜job creators’—yes, because who else is going to pay for your health insurance?. Fact: Did you know that the same amount of money could have funded a lot of school lunches? But hey, who needs fed kids when you can have a stockpile of weapons?.
  • Headline: Dredging Course Linked to Collision Incident. Impact: This crash led to a series of maritime safety regulations that ironically made boats safer but also gave rise to a generation of 'sailor lawyers' who thrived on litigation instead of the sea.. Fact: Did you know that the real course of the dredge was actually just a poorly planned GPS route? Who knew that technology could sink you?.
  • Headline: Senators Investigate Labor Spying Allegations. Impact: This labor case investigation opened a Pandora's box of labor relations that continues to this day. Who knew that spying on workplace activities would eventually lead to employees just using Instagram to complain?. Fact: Did you know that the only thing more convoluted than labor laws is trying to interpret a Netflix contract? Good luck with that!.
  • Headline: NENNI ASSAILS U.S. STAND; Urges Italy to Withdraw From North Atlantic Treaty. Impact: This bold statement by Nenni sent shockwaves through European politics, ultimately leading to a game of geopolitical 'musical chairs' that saw Italy swapping sides more often than a confused referee.. Fact: Did you know that Italy’s favorite sport is apparently switching alliances? Next up: World Cup diplomacy!.
  • Headline: Truman Cheerful on Korea, Bars Calling of Reserves; Declines to Discuss Tactical Situation but Says It Will Work Out All Right-- Meets National Security Council TRUMAN CHEERFUL ON KOREA OUTCOME Applauds Decision on Speeches. Impact: Truman's optimism in the face of adversity set a precedent for political leaders everywhere to project positivity regardless of the chaos, leading to the rise of 'everything will be fine' memes.. Fact: Did you know that Truman's cheerful demeanor was so contagious it almost overshadowed the impending reality of war? If only optimism could stop bullets!.
  • Headline: EQUITY AIM BACKED BY PRODUCER OF HIT; Peter Lawrence Urges Strike, if Necessary, to Reach Pact With Theatre League Secretary Gives Report Rules for Foreign Players Mitchell, Dekker shifting. Impact: This strike call paved the way for actors and producers to realize that fighting for fair wages is just as dramatic as the shows they put on. Cue the theatrics!. Fact: Did you know that the real drama in Hollywood often has nothing to do with the scripts? It’s all backstage politics and who gets the last donut in the green room..
  • Headline: Admits Theft From Chemists. Impact: H.L. Villoria's theft admission might have seemed small, but it sparked a wave of 'chemistry experiments gone wrong' that would eventually lead to a few too many 'Breaking Bad' marathons.. Fact: Did you know that stealing from chemists is like robbing a bakery? Either way, someone’s going to be upset about the loss of sweet goods!.
  • Headline: NEW HOPE IN HAWAII. Impact: The naturalization of these 20 alien victims not only changed their lives but also eventually contributed to Hawaii’s rich cultural tapestryβ€”because who doesn’t love a good luau?. Fact: Did you know that Hawaii is the only state that grows coffee commercially? Talk about bringing a whole new meaning to 'island time'β€”especially when coffee is involved!.

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