AUGUST 31, 1971

TUESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1971
WOULD HAVE MADE YOU $207,777 IN THE 2025 DATASET
Min_Wage_Hourly: $1.75
Median_Home_Price: $25,960.00
Gas_Price_Avg: $0.45
Bread_Price_Avg: $0.27
Movie_Ticket_Avg: $1.67
First_Class_Stamp: $0.07
Milk_Price_Avg: $1.35
Top Movies From 1971
1 Billy Jack
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Billy Jack
2 Fiddler on the Roof
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Fiddler on the Roof
3 Diamonds Are Forever
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Diamonds Are Forever
4 The French Connection
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The French Connection
5 Summer of '42
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Summer of '42
6 Dirty Harry
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Dirty Harry
7 A Clockwork Orange
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A Clockwork Orange
8 The Last Picture Show
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The Last Picture Show
9 Bedknobs and Broomsticks
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Bedknobs and Broomsticks
10 Sweet Sweetback's Baadasssss Song
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Sweet Sweetback's Baadasssss Song
The Andromeda Strain
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The Andromeda Strain
The Beguiled
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The Beguiled
The Brotherhood of Satan
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The Brotherhood of Satan
Get Carter
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Get Carter
Klute
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Klute
THX 1138
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THX 1138
Bananas
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Bananas
Walkabout
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Walkabout
McCabe & Mrs. Miller
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McCabe & Mrs. Miller
The Panic in Needle Park
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The Panic in Needle Park
Two-Lane Blacktop
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Two-Lane Blacktop
Shaft
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Shaft
Willy Wonka & the Chocolate Factory
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Willy Wonka & the Chocolate Factory
Le Mans
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Le Mans
Carnal Knowledge
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Carnal Knowledge
The Omega Man
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The Omega Man
The Hired Hand
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The Hired Hand
A New Leaf
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A New Leaf
The Hunting Party
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The Hunting Party
The Big Doll House
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The Big Doll House
Wake in Fright
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Wake in Fright
Johnny Got His Gun
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Johnny Got His Gun
Escape from the Planet of the Apes
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Escape from the Planet of the Apes
The Mephisto Waltz
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The Mephisto Waltz
They Might Be Giants
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They Might Be Giants
Valdez Is Coming
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Valdez Is Coming
Lawman
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Lawman
Pound
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Pound
The Aristocats
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The Aristocats
Gimme Shelter
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Gimme Shelter
Love Story
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Love Story
Husbands
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Husbands
Harvey Swings
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Harvey Swings
Jane Eyre
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Jane Eyre
Breakout
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Breakout
Dropout
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Dropout
August 31, 1971 Trivia
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Television On August 31, 1971
Sesame Street poster
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Sesame Street
Bonanza poster
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Bonanza
Bewitched poster
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Bewitched
Adam-12 poster
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Adam-12
Lassie poster
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Lassie
Mannix poster
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Mannix
Great Performances poster
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Great Performances
Tony Awards poster
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Tony Awards
The Story of August 31, 1971

On August 31, 1971, the insurance industry faced a significant setback as title underwriters lost their appeal for a rate increase, a decision that would impact the overall pricing structures within the sector.

Inventions & Breakthroughs of August 1971

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

1 Microprocessor (Intel 4004)
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Microprocessor (Intel 4004)
2 Email System
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Email System
3 Floppy Disk
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Floppy Disk
4 Computerized Tomography Scanner
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Computerized Tomography Scanner
5 Video Game Arcade Machine
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Video Game Arcade Machine
6 Packet Radio Networking
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Packet Radio Networking
7 Automated Teller Machine Deployment
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Automated Teller Machine Deployment
8 Space Station Concept
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Space Station Concept
9 Electric Fuel Injection Refinement
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Electric Fuel Injection Refinement
10 Digital Watch
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Digital Watch

The Sounds of

Popular recordings and roots/country selections associated with the year

HEADLINES ON August 31, 1971

Full News Archive

  • Headline: Title Underwriters Denied Rate Hike Appeal. Impact: The rejection of this rate increase sparked a chain reaction that led to a national movement for insurance transparency, eventually resulting in the creation of a reality show where insurance agents compete to reveal the most ridiculous policy loopholes. Ratings were surprisingly high.. Fact: Did you know that the only thing more complicated than title insurance is understanding why anyone would want to watch a reality show about it?.
  • Headline: Opposition Gains Ground in Vietnam Elections. Impact: The victories of opposition candidates set off a ripple effect that ultimately led to a surge in political activism worldwide. It even inspired a popular dance move called 'The Protest Shuffle' that took dance floors by storm in the late '70s.. Fact: Fun fact: 50 to 60 seats is the exact number of seats at a typical middle school cafeteria. Coincidence? I think not!.
  • Headline: Advancements in Blood Cell Reconstitution. Impact: This breakthrough not only saved countless lives but also inadvertently led to a bizarre cult of frozen blood enthusiasts who believe that the process can also revive their social lives. Spoiler: It can't.. Fact: Did you know that the only thing scarier than frozen blood cells is the thought of thawing them while trying to make a smoothie?.
  • Headline: Lazar Insists City Run Airport Taxi Dispatching. Impact: This insistence led to an unexpected explosion in New York's taxi industry, causing a butterfly effect that resulted in the invention of the 'Taxi App'β€”which, ironically, made people miss the good old days of yelling at strangers on the street.. Fact: Did you know that 'insisting' is just a fancy way of saying 'I have a strong opinion but no actual plan'?.
  • Headline: Palmer House Is Sued. Impact: This lawsuit not only highlighted safety issues but also set off a series of legal dramas in hotels across America, giving rise to the reality television genre of 'Hotel Courtroom Battles.' It was a hit until people realized it was just the same argument over and over.. Fact: It's fascinating how a hotel stabbing can lead to a lawsuit, but a bad cup of coffee at the same hotel just gets you a free breakfast voucher..
  • Headline: France Is Under Pressure to Let the Franc Float. Impact: France's decision to let the franc float led to an unexpected increase in French tourism, as everyone wanted to witness the 'floating franc’—which turned out to be just a really bad pun on their currency's volatility.. Fact: Fun fact: The only thing floating better than the franc is a baguette in a Seine river. Bon appΓ©tit!.
  • Headline: HENDERSON JURY HEARS 8 EX‐G,I.'S. Impact: The testimonies of these ex-G.I.s not only influenced public perception of the Vietnam War but also led to a long-overdue conversation about accountability, which has still yet to reach any sort of conclusion. Just like my last date.. Fact: The My Lai Massacre is a heavy piece of history; it reminds us that sometimes the past isn't just 'past'β€”it's screaming for justice..
  • Headline: Zambia's Leader Loses a Friend and Gains a Rival. Impact: Kaunda's political drama not only changed the landscape of Zambian politics but also inspired countless soap operas about political betrayals, proving that friendship and politics mix about as well as oil and water.. Fact: Did you know that losing a friend in politics is basically like losing a sock in the laundryβ€”it's annoying, but you’ll probably find it in a few weeks when you least expect it?.
  • Headline: Questions and Answers on the Freeze. Impact: This freeze prompted a national discussion on economic policies that ultimately led to the creation of a sitcom about a family navigating life during a wage freeze, because who wouldn't want to laugh through their financial struggles?. Fact: Fun fact: The only thing more frozen than wages during a freeze is the enthusiasm of economists trying to explain it..
  • Headline: Article 2 ‐‐ No Title. Impact: This ruling against Firestone sparked a nationwide debate about tire safety, leading to the creation of a popular blog called 'Tread Lightly,' which offered advice on how to survive a blowout and other existential crises.. Fact: Did you know that exaggerating safety claims is like claiming your homemade lasagna is 'world famous'? It’s only famous if you can find someone who’s actually heard of it!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1971, here's what the stored 2025 dataset estimates.
Rank #1
INTC
Intel
Price in 1971
$0.18
2025 dataset value
$199,890

Intel - If you invested $1,000 in 1971, it would be worth $199,890 today (199.9x return)

Rank #2
JNJ
Johnson & Johnson
Price in 1971
$0.35
2025 dataset value
$590,335

Johnson & Johnson - If you invested $1,000 in 1971, it would be worth $590,335 today (590.3x return)

Rank #3
PG
Procter & Gamble
Price in 1971
$0.39
2025 dataset value
$373,578

Procter & Gamble - If you invested $1,000 in 1971, it would be worth $373,578 today (373.6x return)

🦸 Top 5 Comics
Green Lantern #85
Green Lantern #85
$250
Amazing Spider-Man #96
Amazing Spider-Man #96
$400
Green Lantern #87
Green Lantern #87
$600
House of Secrets #92
House of Secrets #92
$1,200
Savage Tales #1
Savage Tales #1
$300
🧸 Top 5 Toys
Weebles
Weebles
$75.00
Lawn Darts (Jarts)
Lawn Darts (Jarts)
$250.00
Nerf Football
Nerf Football
$900.00
Mastermind
Mastermind
$150.00
Magic Rocks
Magic Rocks
$150.00
⚾ Top 5 Trading Cards
Topps Baseball #513 Pete Rose
Topps Baseball #513 Pete Rose
$250
Topps Baseball #118 Thurman Munson
Topps Baseball #118 Thurman Munson
$199,999
Topps Basketball #55 Lew Alcindor
Topps Basketball #55 Lew Alcindor
$3,250
Topps Football #156 Terry Bradshaw
Topps Football #156 Terry Bradshaw
$1,500
Topps Baseball #341 Steve Garvey Rookie
Topps Baseball #341 Steve Garvey Rookie
$2,000