DECEMBER 23, 1950

SATURDAY
$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 December 23, 1950
1 Samson and Delilah
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Samson and Delilah
2 Harvey
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Harvey
3 Kim
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Kim
4 D.O.A.
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D.O.A.
5 The Sound of Fury
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The Sound of Fury
6 Rabbit of Seville
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Rabbit of Seville
7 All About Eve
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All About Eve
8 King Solomon's Mines
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King Solomon's Mines
9 Cinderella
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Cinderella
10 Samson and Delilah
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Samson and Delilah
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
The Men
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The Men
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
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
Summer Stock
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Summer Stock
Rio Grande
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Rio Grande
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
Cyrano de Bergerac
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Cyrano de Bergerac
Mystery Street
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Mystery Street
The Miniver Story
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The Miniver Story
In a Lonely Place
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In a Lonely Place
The Breaking Point
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The Breaking Point
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
Union Station
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Union Station
Tea for Two
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Tea for Two
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
Gun Crazy
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Gun Crazy
December 23, 1950 Trivia
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Television On December 23, 1950
The Story of December 23, 1950

On December 23, 1950, a significant development occurred as a utility company announced a reduction in its rates, providing financial relief to consumers amidst the post-war economic landscape.

🧠 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 December 23, 1950

Full News Archive

  • Headline: Citizens Gas Reduces Utility Rates. Impact: This monumental decision led to a chain reaction of financial enlightenment. Households suddenly found themselves with extra cash, which they promptly spent on the most crucial of items: avocado toast and overpriced coffee. Little did they know, this would lead to the rise of hipster cafes in every corner of the country, forever changing brunch culture.. Fact: Did you know that cutting utility rates is the equivalent of giving everyone a surprise bonus? Just don’t ask them to thank the gas companyβ€”nobody wants to get too cozy with their utility provider..
  • Headline: Archie L. Lee's Impact on History. Impact: Archie L. Lee's existence was a butterfly in a storm; its wings flapped and somehow led to an entire collection of forgotten trivia about the 20th century. Historians are still trying to piece together why his name resurfaced in the digital archives, but every mention seems to inspire someone to write a book that nobody will read.. Fact: Fun fact: Archie L. Lee had a perfectly normal lifeβ€”unlike the rest of us who are just waiting for our 15 minutes of fame on social media..
  • Headline: Owen Winston's 1950 Milestone. Impact: Owen Winston’s name echoes through time, mostly in the form of unremarkable monikers that led to the creation of countless generic characters in movies and books. The world now has an abundance of 'Owen' and 'Winston' in various narratives that all blend together into a sea of mediocrity.. Fact: Did you know that 'Owen' means 'noble' in Welsh? Don't worry, this Owen probably didn’t get the memo..
  • Headline: A.S. LELAND, HEAD OF BANKING FIRM; Senior Partner of Company He Founded Here and in Boston in 1898 Is Dead at 93. Impact: The passing of A.S. Leland sent shockwaves through the banking community, leading to a frantic re-evaluation of trust funds and savings accounts across several generations. His death allowed for the rise of new banking practices, which eventually led to the modern-day obsession with online banking, as everyone wanted to avoid the stuffy old banking firms he once represented.. Fact: A.S. Leland lived through both World Wars and the Great Depression. If he had a time machine, he would probably be the world's most reluctant time traveler..
  • Headline: Deweys Entertain Orphans. Impact: When the Deweys threw their Christmas party for orphans, it created a ripple of goodwill that inspired community service movements for decades. Little did they know, they were also setting the stage for future reality TV shows that would exploit the concept of 'feel-good' charity.. Fact: Orphan parties might sound like a clichΓ© plot from a holiday film, but back in the day, they were just a great way to spread cheer and avoid awkward family gatherings..
  • Headline: CONSISTORY IS DUE ON CARDINALS SOON; Session Reported Set by Pope for Early 1951--Designees in Boston, St. Louis Possible. Impact: The anticipation of a consistory stirred not just religious fervor, but it also incited a frenzy among coffee shops in Boston and St. Louis, as locals prepared to caffeinate and gossip. It inadvertently sparked a surge in local economies, proving that even the Vatican can have a financial impact.. Fact: Who knew that the appointment of cardinals could be more dramatic than a soap opera? Tune in next week for β€˜As the Vatican Turns’!.
  • Headline: CURTAILING BUS STOPS. Impact: The decision to curtail bus stops led to a wave of unintended consequences: people started walking more, leading to a minor health revolution. However, the bus companies never saw it coming and were left scratching their heads, pondering if they should invest in bicycles instead.. Fact: Curtailed bus stops are the public transport equivalent of a dietβ€”great in theory, but everyone’s just grumbling about how they don’t want to walk that far..
  • Headline: Storm Aid for State Farmers. Impact: Aid for farmers affected by the storm brought about a shift in agricultural policy, which ultimately led to the rise of organic farming and the hipster movement. Ironically, those same farmers now grow kale for those who ironically claim to love it.. Fact: Storms can be devastating, but did you know they also sometimes inspire farmers to diversify their crops? That’s right, a little wind and rain can lead to a quinoa boom!.
  • Headline: WYNN MEREDITH, COAST ENGINEER; Sanderson & Porter Partner Dies--Specialized in Field of Electrical Installations. Impact: Wynn Meredith’s contributions to electrical installations sparked a revolution in how we harness energy, leading to a future filled with more gadgets than we ever knew we needed. Unfortunately, his death also inadvertently paved the way for 'DIY' electrical projects and some truly shocking home improvement fails.. Fact: Wynn Meredith’s work was so ahead of its time that it’s rumored he once tried to explain Wi-Fi to a group of confused electricians in the 1950s. 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 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