MAY 12, 1978

FRIDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1978
WOULD HAVE MADE YOU $235,665 IN THE 2025 DATASET
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 From 1978
1 Grease
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Grease
2 Superman
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Superman
3 National Lampoon's Animal House
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National Lampoon's Animal House
4 Every Which Way But Loose
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Every Which Way But Loose
5 Heaven Can Wait
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Heaven Can Wait
6 Hooper
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Hooper
7 Jaws 2
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Jaws 2
8 Revenge of the Pink Panther
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Revenge of the Pink Panther
9 The Deer Hunter
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The Deer Hunter
10 Halloween
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Halloween
Coming Home
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Coming Home
Blue Collar
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Blue Collar
Coach
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Coach
Record City
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Record City
Special Olympics
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Special Olympics
Pretty Baby
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Pretty Baby
Forbidden Erotica
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Forbidden Erotica
Space Force
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Space Force
Straight Time
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Straight Time
House Calls
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House Calls
Rabbit Test
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Rabbit Test
The Betsy
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The Betsy
Coma
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Coma
The Foreigner
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The Foreigner
The Fury
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The Fury
Mirrors
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Mirrors
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
The Evil
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The Evil
Malibu Beach
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Malibu Beach
Deathsport
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Deathsport
The Manitou
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The Manitou
Carroña
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Carroña
Superdome
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Superdome
A Night Full of Rain
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A Night Full of Rain
Laserblast
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Laserblast
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
May 12, 1978 Trivia
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Television On May 12, 1978
Columbo poster
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Columbo
Sesame Street poster
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Sesame Street
Saturday Night Live poster
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Saturday Night Live
Dallas poster
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Dallas
M*A*S*H poster
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M*A*S*H
The Love Boat poster
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The Love Boat
Barnaby Jones poster
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Barnaby Jones
Charlie's Angels poster
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Charlie's Angels
The Story of May 12, 1978

On May 12, 1978, tensions in the sports world escalated as Major League Baseball's acting commissioner, Bowie Kuhn, received a stern warning from player representative Marvin MacPhail regarding the growing issue of betting from clubhouses.

🧠 Inventions of 1978

Verified invention milestones and practical breakthroughs associated with 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

The Sounds of

Popular recordings and roots/country selections associated with the year

HEADLINES ON May 12, 1978

Full News Archive

  • Headline: MacPhail's Warning on Betting Practices. Impact: As players heed the warning, the betting industry shifts to more clandestine methods. This leads to the rise of underground gambling rings, which eventually inspires the plot of a blockbuster heist movie in 2025. Who knew a simple warning could lead to cinematic glory?. Fact: In a world where players could bet freely, the phrase 'double or nothing' might have been replaced with 'triple or nothing,' leading to a very confusing game of poker!.
  • Headline: Levitt's Exclusion from Fiscal Meeting. Impact: Levitt's shock ripples through the political landscape, causing a series of meetings to be held on who gets invited to what. This eventually leads to the establishment of the 'VIP Club for Important People' where everyone is shocked at the lack of invitations.. Fact: Being shocked in politics is a prerequisite for a successful career. Just ask anyone who's ever run for office!.
  • Headline: Dance. Sweet Games Performance Highlights. Impact: This performance sparks a new trend where every theater production must include interpretive dance. By 2030, even board meetings will feature a dramatic dance-off to settle disputes.. Fact: In the world of dance, 'sweet games' might just refer to the number of foot injuries incurred during a single performance!.
  • Headline: New York Sees Record Tourism. Impact: The influx of tourists leads to an unexpected boom in souvenir shops selling 'I Love NY' shirts. This later inspires a citywide competition for the most absurd souvenir, culminating in a giant foam Statue of Liberty.. Fact: If every tourist spent $1.6 billion, New Yorkers probably spent that much just trying to avoid Times Square!.
  • Headline: SENATE PANEL IN TIE ON VOTE TO THWART MIDEAST JET SALES. Impact: The tie vote creates a rift that leads to an underground jet-selling black market. By 2025, this market is so robust that it fuels the plot of a new spy thriller, making senators question their life choices.. Fact: Senate ties are more common than you think, much like the number of times someone has said, 'We'll get back to you on that.'.
  • Headline: Jet Deal Still in the Balance. Impact: As the deal hangs in the balance, a faction of jet enthusiasts forms a support group called 'Jet Setters Anonymous,' which ultimately leads to a national day of mourning for lost jet deals.. Fact: The term 'in the balance' originated from politicians trying to decide the fate of snack options during meetings..
  • Headline: 2 Legislators to Run 2‐Mile Race to Prove Point. Impact: The race quickly becomes a viral sensation, leading to a nationwide trend of politicians engaging in absurd physical challenges, like tug-of-war over budget cuts.. Fact: If only politicians ran as fast as they run their mouths, we’d have the fastest legislative sessions in history!.
  • Headline: Pekirig Accuses Soviet Forces Of a Raid on Manchurian Border. Impact: The accusation leads to a tense standoff that eventually sparks a series of diplomatic negotiations, which by 1985 result in the first-ever international board game tournament to settle disputes.. Fact: Diplomacy is a lot like a game of chess; if you take too long to make a move, someone might just knock over the pieces in frustration..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1978, here's what the stored 2025 dataset estimates.
Rank #1
WMT
Walmart
Price in 1978
$0.01
2025 dataset value
$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
2025 dataset value
$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
2025 dataset value
$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