JULY 5, 1978

WEDNESDAY
$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
Stunt Rock
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Stunt Rock
The Bastard
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The Bastard
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
The Suicide
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The Suicide
Mirrors
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Mirrors
Getting Married
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Getting Married
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
Escapade
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Escapade
The Evil
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The Evil
Vampire Hookers
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Vampire Hookers
Malibu Beach
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Malibu Beach
Deathsport
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Deathsport
Jennifer
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Jennifer
Night Creature
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Night Creature
High-Ballin'
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High-Ballin'
The Manitou
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The Manitou
Carroña
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Carroña
Matilda
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Matilda
Superdome
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Superdome
Deathmoon
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Deathmoon
A Night Full of Rain
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A Night Full of Rain
Laserblast
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Laserblast
The Seniors
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The Seniors
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
July 5, 1978 Trivia
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Television On July 5, 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 July 5, 1978

On July 5, 1978, American cellist Yo-Yo Ma garnered international acclaim by winning the prestigious Moscow International Competition, a significant achievement that highlighted the cultural exchange between the United States and the Soviet Union during the Cold War.

Inventions & Breakthroughs of July 1978

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

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 July 5, 1978

Full News Archive

  • Headline: Nathaniel Rosen Triumphs in Moscow. Impact: Nathaniel Rosen winning the Tchaikovsky Competition set off a chain reaction of cellists practicing furiously in basements across America. This led to an overabundance of cellists, which in turn caused a crisis in orchestral seats. By 2025, cellists were negotiating for their own congressional seats.. Fact: Did you know that Van Cliburn's gold medal win was so influential, it was said to have inspired an entire generation of musicians to pick up instruments just to avoid being asked to play the accordion?.
  • Headline: Meadowland Plan for Recycling Facilities. Impact: The Meadowland recycling plan, while noble, inadvertently sparked a national debate about what constitutes 'solid waste.' It led to a bizarre trend where people started recycling their ex-spouses, citing 'waste of potential.'. Fact: Recycling plants are like the hipsters of the waste world; they take what others throw away and make it fashionable again – too bad they can't recycle bad ideas!.
  • Headline: U.S. Decides to Permit Israeli Sale 01 50 to 60 Jet Fighters to Taiwan. Impact: The U.S. allowing Israel to sell fighter jets to Taiwan not only escalated tensions in the region but also inspired a new reality show: 'Fighter Jet Swap,' where countries trade military hardware for snacks and souvenirs. Ratings were through the roof.. Fact: This arms deal was so significant that it was rumored to be the plot twist of a low-budget action movie starring a long-haired hero fighting for peace... or something like that..
  • Headline: Around the Nation. Impact: The EPA's proposed rules for handling hazardous substances made headlines and led to a nationwide panic about the safety of household cleaners. Soon, people were living in 'clean zones' where any hint of bleach was outlawed.. Fact: Hazardous waste management is like a toxic relationship; it’s always complicated, and you eventually have to find a way to get rid of the bad stuff..
  • Headline: Jersey City Group Set Up to Halt Increase in Abandoned Buildings. Impact: The formation of the Housing Policy Committee in Jersey City led to an unexpected surge in DIY home repair shows that glorified the art of fixing up abandoned buildings. Soon, everyone thought they could be the next Chip and Joanna Gaines.. Fact: Abandoned buildings are just homes waiting for their glow-up – like that friend who finally got their life together after college..
  • Headline: Books of The Times. Impact: The 'Books of The Times' feature led to an unexpected spike in book clubs nationwide, which quickly devolved into wine-fueled debates about whether the book was better than the movie. Spoiler: it usually wasn’t.. Fact: If you want to confuse a book club, just show up with a book that has been adapted into a movie they haven’t seen – chaos guaranteed!.
  • Headline: Air‐Conditioners: A Look at Repairs. Impact: The air conditioner repair debacle led to a nationwide movement demanding transparency from repair shops. In response, the 'AC Repair Transparency Act' was proposed, which ironically made it even harder for honest repairmen to survive.. Fact: Consumer Affairs found that 7 out of 11 shops misdiagnosing problems was just a fancy way of saying they were really good at guessing… like a game of HVAC roulette!.
  • Headline: Afghan Boy, at 8, Looking to College And His Ph. D at 11. Impact: Sayed Jalal's prodigious intellect at a young age sparked a bizarre new trend of parents enrolling their toddlers in Ph.D. programs. By 2030, kindergarten classrooms were filled with kids arguing the merits of quantum physics over snack time.. Fact: In the race for academic achievements, Sayed Jalal is like the Usain Bolt of education – just don’t ask him about recess; that’s a whole different ball game..
  • Headline: Television. Impact: The blackout on Long Island and New Jersey led to a spontaneous resurgence in outdoor activities, as families were forced to rediscover nature. Ironically, it was the last time anyone willingly went camping.. Fact: Power outages are nature’s way of reminding us that sometimes, it’s good to unplug… or at least make sure you have enough candles for a mini disco..

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