JULY 6, 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 July 6, 1978
1 Grease
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Grease
2 Jaws 2
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Jaws 2
3 Coming Home
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Coming Home
4 Pretty Baby
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Pretty Baby
5 Star Wars: Episode IV - A New Hope
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Star Wars: Episode IV - A New Hope
6 Close Encounters of the Third Kind
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Close Encounters of the Third Kind
7 Saturday Night Fever
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Saturday Night Fever
8 The Rescuers
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The Rescuers
9 The Goodbye Girl
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The Goodbye Girl
10 The Deep
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The Deep
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
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
The Playbirds
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The Playbirds
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
Killer of Sheep
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Killer of Sheep
July 6, 1978 Trivia
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Television On July 6, 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 6, 1978

On July 6, 1978, the California Assembly approved the state's budget for the upcoming fiscal year, which notably included a contentious decision to cut funding for abortion services.

🧠 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

The Sounds of

The biggest hits of the year — Top 10 Pop & Country chart toppers

HEADLINES ON July 6, 1978

Full News Archive

  • Headline: California Assembly Passes 1979 Budget Cuts. Impact: The budget cuts led to a surprising rise in underground abortion clinics, which then sparked a nationwide secret society of 'budget rebels' who fought against oppressive state policies—so, thanks California!. Fact: Fun fact: Budget cuts have a magical way of making people more resourceful, sometimes to the point of turning a garage into a makeshift clinic. Who knew fiscal responsibility could lead to such creativity?.
  • Headline: Arrests Made in Pentagon Missile Protest. Impact: The protest at the Pentagon inspired a generation of activists who realized that throwing red liquids could be the next big thing in performance art, leading to the birth of modern-day protest art.. Fact: Did you know that red liquid is not as easy to clean up as one might think? Maybe that's why they don’t let us throw paint at the Pentagon anymore..
  • Headline: TALKING BUSINESS. Impact: The conversation about the dollar's decline led to a secret pact between finance ministers to only use Monopoly money for international trade, which hilariously backfired during the 1980s.. Fact: Fun fact: The decline of the dollar is so consistent that it’s practically a tradition at this point. It’s like the annual 'who can lose the most money' competition..
  • Headline: Legacy of the '78 Supreme Court: Shift on Prosecutors and the Press. Impact: The Supreme Court's decisions in '78 inspired a long-running debate about the role of prosecutors, leading to the establishment of a secret club where they all meet to discuss how to get away with it.. Fact: Did you know that Supreme Court decisions can change the world? Just not always in the way you'd hope. Who knew justice could be this complicated?.
  • Headline: Exhibition in Paris Is Devoted to Rodin's ‘Burghers of Calais’. Impact: The exhibition on Rodin sparked a global movement to appreciate sculpture, which culminated in the creation of a statue of Rodin himself—because, of course, he needed a statue too.. Fact: Did you know that Rodin's 'Burghers of Calais' is famous for its emotional depth? Or maybe it's just that people love to see sad figures in public parks..
  • Headline: Vandalized South Bronx Project Gets New Chance. Impact: The revival of the South Bronx project was the catalyst for an urban renaissance, where abandoned buildings became trendy art spaces, leading to hipsters flocking to the Bronx for 'authenticity.'. Fact: Fun fact: Even a vandalized project can be turned into a hipster hotspot. Just throw in some artisanal coffee and voila, it’s a cultural landmark!.
  • Headline: Dance: ‘Machine’ Keeps the Past Alive. Impact: The SEC's report led to a massive increase in accountants' self-esteem, which inadvertently resulted in them forming a social club that only discusses the thrill of regulation.. Fact: Did you know that accountants can be just as thrilling as rock stars? Well, at least they think so when they get together for their annual 'Excel Convention.'.
  • Headline: Full S.E.C. Report Out On Auditors. Impact: The opening of 'Broadway, Broadway' became a cultural touchstone that led to the rise of meta-theater, where performers would constantly break the fourth wall, eventually leading to a world where no one could take a story seriously anymore.. Fact: Did you know that Broadway plays are basically just expensive ways for actors to yell at people for a living? It’s like therapy, but with sequins..

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