AUGUST 24, 1950

THURSDAY
$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
Cinderella
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Cinderella
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
No Way Out
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No Way Out
Father of the Bride
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Father of the Bride
The Flame and the Arrow
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The Flame and the Arrow
Sunset Boulevard
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Sunset Boulevard
D.O.A.
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D.O.A.
Cheaper by the Dozen
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Cheaper by the Dozen
Destination Moon
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Destination Moon
The Asphalt Jungle
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The Asphalt Jungle
Broken Arrow
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Broken Arrow
Annie Get Your Gun
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Annie Get Your Gun
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 24, 1950 Trivia
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Television On August 24, 1950
The Story of August 24, 1950

On August 24, 1950, a tragic event unfolded in upstate New York as a war flier was killed in a plane crash, drawing attention to the dangers faced by military personnel even during peacetime.

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 24, 1950

Full News Archive

  • Headline: Tragic War Flier Incident in Upstate NY. Impact: When this flier met their untimely end, it inadvertently sparked a national debate on aviation safety. This led to the eventual creation of the 'Daredevil's Insurance Policy'β€”a policy that ironically made flying even riskier for thrill-seekers.. Fact: Did you know that the average pilot has a better chance of winning the lottery than surviving a career as a war flier? Just kiddingβ€”it's actually worse..
  • Headline: U.N. Initiates Blood Testing for Safety. Impact: This event set in motion the U.N.'s obsession with being prepared for everything, including alien invasions. Now, they have a whole department dedicated to blood types for extraterrestrial diplomacy.. Fact: Fun fact: the U.N. is still waiting for that alien ambassador to show up. Maybe they just don’t like our blood type..
  • Headline: New Packard Car Models Unveiled. Impact: The introduction of these new models caused a frenzy among car enthusiasts, leading to a bizarre chain reaction where people began trading their firstborns for a chance to own one. This inspired the classic saying, 'A car is worth a thousand kids.'. Fact: Did you know that Packard cars were once so luxurious that they reportedly came with a personal butler? Too bad they didn't come with a time machine to fix all the bad choices made in the 50s..
  • Headline: LODGE IS APPOINTED FOR U.N. ASSEMBLY; Truman Names Sparkman of Alabama Also to Serve U.S. of Coming Session. Impact: This appointment led to a chain of events where U.S. representatives became increasingly adept at dodging questions, eventually culminating in the art of 'politician speak' that we know and love today.. Fact: Did you know that Truman’s middle name was 'S' for 'Skimming through political issues like a pro'? Just kidding, it's 'Samuel.'.
  • Headline: THURSTON TO RETIRE; Ambassador to Mexico Is Awaiting O'Dwyer's Arrival. Impact: Thurston's retirement set off a series of diplomatic faux pas that made international relations as awkward as a family reunion. Mexico thought the U.S. was breaking up with them!. Fact: Did you know that retiring ambassadors are like old smartphones? They just can't keep up with the new models coming in!.
  • Headline: ATTLEE BIDS PARTY BACK REARMAMENT; Asks Support of All Groups in 3-Year Plan--Top T.U.C. Body Backs U.N. in Korea. Impact: Attlee's call for rearmament led to a newfound passion for fashion in military uniforms, resulting in a bizarre trend where soldiers began to strut down runways instead of battlefields.. Fact: Fun fact: the only thing more inflated than military budgets during rearmament is the egos of the designers behind those uniforms..
  • Headline: 'SUBVERSIVES' FACE CALL IN THE DRAFT; Volunteers Not Accepted, but Selectees Are, if They Belong to Groups Banned by U.S.. Impact: This policy led to the creation of an underground network of 'subversives' who traded tips on how to avoid becoming draft fodder, ultimately leading to the rise of hipster anti-establishment movements in the 60s.. Fact: Did you know that being categorized as a 'subversive' was basically the 1950s equivalent of being called a 'hipster'? Both groups just wanted to avoid mainstream conformity..
  • Headline: Churchill's Son Wounded By Mortar Shell in Korea. Impact: Winston Churchill's son being wounded shifted public perception about the 'glory of war' and led to a series of anti-war movements that, ironically, inspired peace songs decades later.. Fact: The irony of a war leader’s son getting hurt in battle was not lost on many, as it served as a reminder that war doesn't discriminateβ€”even for famous surnames..
  • Headline: MORE MARINES CALLED UP; Pennsylvania, Ohio, Jersey and Delaware Units Summoned. Impact: The call-up of these Marines led to a sudden spike in 'support the troops' bumper stickers, which inadvertently created a whole new economy in the sticky vinyl market.. Fact: Did you know that bumper stickers have a better survival rate than some of the troops they support? Just saying, they really stick around for the long haul!.

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