AUGUST 7, 1950

MONDAY
$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
Panic in the Streets
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Panic in the Streets
The Great Rupert
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The Great Rupert
Winchester '73
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Winchester '73
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
Treasure Island
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Treasure Island
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
August 7, 1950 Trivia
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Television On August 7, 1950
The Story of August 7, 1950

On August 7, 1950, a significant labor dispute concluded with the end of the rubber plant strike, which had disrupted production in key sectors.

Inventions & Breakthroughs of August 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 August 7, 1950

Full News Archive

  • Headline: End of the Rubber Plant Strike. Impact: The end of the Rubber Plant Strike led to a sudden surge in rubber products, enabling the invention of the bouncy ball, which would eventually distract countless children during boring classes and lead to the invention of 'Rubber Ball Diplomacy'.. Fact: Did you know that without this strike resolution, kids might still be bouncing around with nothing but rocks? Talk about a missed opportunity for innovation!.
  • Headline: Israel Faces Shopkeepers' Strike Over Rations. Impact: The shopkeepers' strike and rationing debates led to a nationwide panic over textile supplies, eventually causing the Great Sweater Shortage of '57. People were left in the coldβ€”literally.. Fact: Fun fact: the last time the government assured essential supplies, they were just talking about toilet paper. Spoiler alert: it didn’t end well..
  • Headline: Clergymen Assail Reds. Impact: The clergymen's assault on communism marked the beginning of the 'Holy War on Red' movement, which would later inspire a series of really bad action movies featuring priests as secret agents.. Fact: Did you know that some of these clergymen later became the inspiration for that one guy at every family gathering who just can’t let go of the 'good old days'?.
  • Headline: How Members From This Area Voted in Congress During Week. Impact: The voting habits of local Congress members set the stage for political memes that would haunt future generations, leading to an increase in sarcasm levels across the nation.. Fact: Did you know that Congress voting records are like the high school report cards nobody wants to look at? Just less thrilling..
  • Headline: Civil Defense Plan for City Sets Duties for All Agencies; WALLANDER ISSUES CITY DEFENSE PLAN Police Emergency Duties. Impact: The Civil Defense Plan initiated an era of over-preparedness that led to the rise of bomb shelters, which later became trendy underground party venues for the adventurous.. Fact: Did you know that some bomb shelters were later converted into wine cellars? Talk about finding the silver lining!.
  • Headline: N.Y.U. Medical Teacher Retires. Impact: Dr. Dannreuther's retirement paved the way for a new generation of medical teachers, who would eventually redefine the term 'medical school' to mean 'endless exams and sleepless nights.'. Fact: Fun fact: Medical teachers are the only people who can make a room full of students voluntarily agree to perform surgery on a mannequin..
  • Headline: LIE ISSUES REPORT; He Asks East-West Talks to Bar World War After U.N. Victory in Korea URGES A 'BOLD' ATTEMPT His Accounting of Past Year Says Present Crisis May Bring Lasting Peace Only Words of Hope No Progress on Treaties LIE ISSUES REPORT TO U.N. ASSEMBLY. Impact: Lie's call for East-West talks after the Korean War planted the seeds of diplomatic discussions that would later inspire the famous phrase, 'Can't we all just get along?' which is still mocked today.. Fact: Did you know that after this report, the phrase 'bold attempt' became the official term for any endeavor that was doomed from the start? Good luck with that!.

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