JANUARY 12, 1978

THURSDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1978
WOULD HAVE MADE YOU $235,665 IN 2025
Min_Wage_Hourly: $2.80
Median_Home_Price: $42,480.00
Gas_Price_Avg: $1.05
Bread_Price_Avg: $0.45
Movie_Ticket_Avg: $2.53
First_Class_Stamp: $0.13
Milk_Price_Avg: $1.97
Top Movies By January 12, 1978
1 Capricorn One
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Capricorn One
2 The Goodbye Girl
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The Goodbye Girl
3 The Turning Point
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The Turning Point
4 Semi-Tough
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Semi-Tough
5 Pete's Dragon
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Pete's Dragon
6 Coma
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Coma
7 Carrie
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Carrie
8 Forbidden Erotica
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Forbidden Erotica
9 Hollywood High
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Hollywood High
10 Star Wars: Episode IV - A New Hope
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Star Wars: Episode IV - A New Hope
The Foreigner
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The Foreigner
Superdome
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Superdome
High Anxiety
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High Anxiety
The Gauntlet
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The Gauntlet
Close Encounters of the Third Kind
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Close Encounters of the Third Kind
Saturday Night Fever
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Saturday Night Fever
Killer of Sheep
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Killer of Sheep
January 12, 1978 Trivia
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Television On January 12, 1978
Dallas poster
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Dallas
SOKO München poster
SOKO München
Grange Hill poster
Grange Hill
Taxi poster
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Taxi
Abarenbo Shogun poster
Abarenbo Shogun
Top Gear poster
Top Gear
Fantasy Island poster
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Fantasy Island
Zehu Ze poster
Zehu Ze
The Story of January 12, 1978

On January 12, 1978, New York Mets pitcher Jon Matlack filed a grievance against the team for defaulting on a promised bonus of $10,000.

🧠 Inventions of 1978

Breakthroughs and everyday innovations from the year.

1 Global Positioning System Satellites
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Global Positioning System Satellites
2 Word Processing Software (WordStar)
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Word Processing Software (WordStar)
3 Digital Telephone Answering Machine
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Digital Telephone Answering Machine
4 Medical Imaging PACS Concept
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Medical Imaging PACS Concept
5 Electronic Spreadsheet (VisiCalc)
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Electronic Spreadsheet (VisiCalc)
6 Computer Animation Software
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Computer Animation Software
7 Automated Warehouse Robotics
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Automated Warehouse Robotics
8 Digital Signal Processor Chip
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Digital Signal Processor Chip
9 Video Game Console (Atari 2600)
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Video Game Console (Atari 2600)
10 Space Probe Voyager Instruments
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Space Probe Voyager Instruments

HEADLINES ON January 12, 1978

Full News Archive

  • Headline: Matlack's Bonus Dispute with Mets. Impact: Had the Mets actually paid Matlack, he might have decided to stick around, leading to a World Series win in '73. Instead, he became a free agent, and the Mets continued their legacy of mediocrity for decades to come. Thanks, Mets!. Fact: Did you know that the Mets have perfected the art of not paying their players? It's almost impressive!.
  • Headline: Pamela Myers' Captivating Cabaret Performance. Impact: Pamela Myers' cabaret performance could have inspired a new wave of Broadway talent, leading to an explosion of musicals about mundane life. Instead, we got 'Cats.'. Fact: Did you know that cabaret performances are basically just karaoke for people who think they can sing? No judgment, just facts!.
  • Headline: Taking the Measure of Unemployment. Impact: Carter's tax cut proposal, if implemented perfectly, could have sparked an economic boom. Spoiler alert: it didn't. Thanks to every politician's favorite pastime—overcomplicating things.. Fact: Did you know that tax cuts are often just like diets? Everyone talks about them, but few actually follow through effectively!.
  • Headline: Top Business Group's Plan On Fighting Unemployment. Impact: This comprehensive approach to unemployment could have reshaped the workforce landscape, leading to fewer people sitting at home watching daytime TV. Instead, we still have reality shows.. Fact: Did you know that the term 'unemployment' is just a fancy way of saying 'professional couch potato'?.
  • Headline: Design Notebook. Impact: The centennial celebration of the Museum of Natural History didn't just highlight its architectural beauty; it also reminded us that museums are the original social media—showcasing humanity's greatest hits (and misses) for all to see.. Fact: Did you know that the natural history museum has more exhibits on dinosaur bones than people have on their dating profiles? Just a thought!.
  • Headline: New Jersey Briefs. Impact: Had NJ Bell not asked for that whopping rate increase, perhaps customers wouldn’t have been driven to the brink of switching to smoke signals. Alas, the cycle of rate hikes continues.. Fact: Did you know that utility companies are like that friend who always 'forgets' to pay you back? They just keep asking for more!.
  • Headline: Shinn Says Severance‐Pay Proposal Came From City Hall, Not His Panel. Impact: If Shinn’s panel had actually proposed the severance pay rule, it might have set a precedent for fairer labor practices. Instead, it just became another episode in the soap opera of NYC politics.. Fact: Did you know that NYC politics operate on the principle that if something can go wrong, it probably will—just like your last date?.
  • Headline: Film Stays as Union Ends Curbs. Impact: The film production in NYC could have revitalized the local economy, but alas, it probably ended up creating more jobs for hipsters as baristas than for actors. Gotta love that ironic twist!. Fact: Did you know that film crews are the only people who can shut down a street for hours and still convince you it's 'art'?.
  • Headline: Aqueduct Prepares To Open. Impact: The opening of Aqueduct, despite the strike, could have ushered in a new era of resilient racing; instead, it just proved that the show must go on—regardless of the chaos behind the scenes.. Fact: Did you know that horse racing is just another way to gamble on things that are definitely going to happen? Because nothing says 'fun' like betting on animals running in circles!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1978, here's what it would be worth in 2025.
Rank #1
WMT
Walmart
Price in 1978
$0.01
Value in 2025
$7,945,492

Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)

Rank #2
INTC
Intel
Price in 1978
$0.18
Value in 2025
$199,890

Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)

Rank #3
JNJ
Johnson & Johnson
Price in 1978
$0.49
Value in 2025
$423,037

Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)

🦸 Top 5 Comics
X-Men #111
X-Men #111
$75
Action Comics #484
Action Comics #484
$15
Daredevil #158
Daredevil #158
$75
Superman #233
Superman #233
$250
Peter Parker, The Spectacular Spider-Man #27
Peter Parker, The Spectacular Spider-Man #27
$30
🧸 Top 5 Toys
Star Wars Action Figures
Star Wars Action Figures
$300.00
Simon
Simon
$500.00
Lego Space Sets
Lego Space Sets
$350.00
Speak & Spell
Speak & Spell
$150.00
Hot Wheels
Hot Wheels
$30.00
🎮 Top 5 Video Games
Space Invaders
Space Invaders
$13,800
Adventureland
Adventureland
Unknown
Avalanche
Avalanche
$60.00
Astro Battle
Astro Battle
$200.00
Sky Diver
Sky Diver
$12.34
⚾ Top 5 Trading Cards
Wayne Gretzky Rookie Card
Wayne Gretzky Rookie Card
$4,000,000
Kenner Star Wars Series 1
Kenner Star Wars Series 1
$70.00
Topps Baseball 1978 Eddie Murray Rookie Card
Topps Baseball 1978 Eddie Murray Rookie Card
$3,000
Futera Muhammad Ali 1978
Futera Muhammad Ali 1978
$1,500
Topps Football 1978 Tony Dorsett Rookie Card
Topps Football 1978 Tony Dorsett Rookie Card
$20,000