JULY 2, 1979

MONDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1979
WOULD HAVE MADE YOU $283,595 IN 2025
Min_Wage_Hourly: $2.95
Median_Home_Price: $44,840.00
Gas_Price_Avg: $1.13
Bread_Price_Avg: $0.47
Movie_Ticket_Avg: $2.66
First_Class_Stamp: $0.14
Milk_Price_Avg: $2.06
Top Movies By July 2, 1979
1 Moonraker
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Moonraker
2 Rocky II
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Rocky II
3 Alien
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Alien
4 The Muppet Movie
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The Muppet Movie
5 Apocalypse Now
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Apocalypse Now
6 Meatballs
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Meatballs
7 Escape from Alcatraz
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Escape from Alcatraz
8 Grease
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Grease
9 Close Encounters of the Third Kind
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Close Encounters of the Third Kind
10 Superman
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Superman
The Warriors
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The Warriors
The China Syndrome
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The China Syndrome
Norma Rae
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Norma Rae
Agatha
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Agatha
Saint Jack
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Saint Jack
The Great Train Robbery
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The Great Train Robbery
The In-Laws
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The In-Laws
Manhattan
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Manhattan
Breaking Away
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Breaking Away
Love at First Bite
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Love at First Bite
Hair
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Hair
The Deer Hunter
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The Deer Hunter
Hardcore
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Hardcore
Phantasm
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Phantasm
Over the Edge
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Over the Edge
Escape to Athena
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Escape to Athena
Halloween
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Halloween
The Deer Hunter
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The Deer Hunter
The Millionaire
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The Millionaire
The Lord of the Rings
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The Lord of the Rings
Les Misérables
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Les Misérables
Brass Target
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Brass Target
Starcrash
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Starcrash
July 2, 1979 Trivia
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The Story of July 2, 1979

On July 2, 1979, the Newport Jazz Festival presented a memorable concert featuring legendary musicians Mel Tormé and Gerry Mulligan, celebrating the rich legacy of American song.

🧠 Inventions of 1979

Breakthroughs and everyday innovations from the year.

1 Personal Computer Operating System
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Personal Computer Operating System
2 Mobile Cellular Network Deployment
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Mobile Cellular Network Deployment
3 Portable Computer Concept
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Portable Computer Concept
4 Computer-Aided Manufacturing Software
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Computer-Aided Manufacturing Software
5 Digital Camera Sensor Improvements
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Digital Camera Sensor Improvements
6 Medical MRI Commercialization
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Medical MRI Commercialization
7 Automotive Electronic Engine Control Unit
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Automotive Electronic Engine Control Unit
8 Electronic Mail Standardization
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Electronic Mail Standardization
9 Space Shuttle Avionics System
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Space Shuttle Avionics System
10 Video Game Handheld Concept
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Video Game Handheld Concept

HEADLINES ON July 2, 1979

Full News Archive

  • Headline: Newport Jazz Festival Concert Celebration. Impact: Little did anyone know, this jazzy salute would set off a chain reaction, inspiring future generations to believe that if you just add a saxophone to any situation, it can only get better. Spoiler: it didn't.. Fact: Mel Torme was not just a jazz singer, but also a writer. He gave a whole new meaning to 'writing a hit'—it involved both music and lyrics, not just the latest gossip!.
  • Headline: Employer-Employee Relations Redefined. Impact: This conference was the pebble that started the avalanche of workplace rights, leading to everyone demanding 'flexible hours' while still pretending to work hard at their desks. Thanks, corporate America!. Fact: The term 'work-life balance' was coined during this very era, mostly by overworked employees who just wanted to do their laundry without feeling guilty..
  • Headline: Chris Taylor: Olympic Wrestler Celebrated. Impact: Chris Taylor’s Olympic success sent ripples through the sports world, inspiring every college wrestler to think they, too, could one day become famous. Spoiler alert: most didn’t.. Fact: Chris Taylor wasn't just a wrestler; he was the kind of guy who probably made everyone at the Olympics question their life choices after witnessing him in spandex..
  • Headline: Advertising. Impact: The launch of this magazine created an unending cycle of 'traditional female interests' that somehow never included anything about the actual interests of women—like world domination or the latest Netflix series.. Fact: Holly Hobbie was actually a character before being a magazine icon, proving that even fictional characters can have more impact than many real-life women in media..
  • Headline: Guitar: Burgos in Debut. Impact: Francisco Burgos’ debut was the beginning of many aspiring guitarists thinking that if they could just strum a few chords, they could make it big too. Turns out, it often requires more than three chords and a dream.. Fact: The Carnegie Recital Hall has hosted so many debuts, it might as well have a wall of fame for all the 'next big things' that never quite made it..
  • Headline: TV.• Wills With Moyers. Impact: Bill Moyers’ interviews would later become the gold standard for journalists everywhere, leading to a dramatic uptick in coffee consumption across the industry as they tried to keep up with his intellect.. Fact: Gary Wills was not only an author but also a historian, reminding us that sometimes people can be good at more than one thing— unlike most of us who struggle with even one..
  • Headline: State Amasses Hospital‐Patient Data to Aid Planning. Impact: By amassing patient data, the state inadvertently paved the way for future privacy debates, leaving us all wondering if our medical records were safer with the government or in a poorly secured cloud.. Fact: The collection of hospital-patient data was a precursor to today's reality TV obsession—everyone wants to know everything about everyone, but no one wants to be in the spotlight..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1979, here's what it would be worth in 2025.
Rank #1
WMT
Walmart
Price in 1979
$0.02
Value in 2025
$6,997,064

Walmart - If you invested $1,000 in 1979, it would be worth $6,997,064 today (6997.1x return)

Rank #2
INTC
Intel
Price in 1979
$0.18
Value in 2025
$199,890

Intel - If you invested $1,000 in 1979, it would be worth $199,890 today (199.9x return)

Rank #3
JNJ
Johnson & Johnson
Price in 1979
$0.50
Value in 2025
$417,979

Johnson & Johnson - If you invested $1,000 in 1979, it would be worth $417,979 today (418.0x return)

🦸 Top 5 Comics
X-Men #129
X-Men #129
$1,500
Iron Man #118
Iron Man #118
$150
Batman #313
Batman #313
$20
Micronauts #1
Micronauts #1
$164.00
Superman #331
Superman #331
$10
🧸 Top 5 Toys
Simon
Simon
$1,000.00
LEGO Space Sets
LEGO Space Sets
$400.00
Star Wars Action Figures
Star Wars Action Figures
$300.00
My Little Pony
My Little Pony
$150.00
Atari 2600
Atari 2600
$6,500.00
🎮 Top 5 Video Games
Asteroids
Asteroids
Unknown
Lunar Lander
Lunar Lander
$50.00
Galaxian
Galaxian
$262.70
Adventure
Adventure
$5,000.00
Star Raiders
Star Raiders
$5,000.00
⚾ Top 5 Trading Cards
O-Pee-Chee Wayne Gretzky Rookie Card #18
O-Pee-Chee Wayne Gretzky Rookie Card #18
$1,290,000
Topps Wayne Gretzky Rookie Card #18
Topps Wayne Gretzky Rookie Card #18
$8,000
Garry Unger Kolner EC Card
Garry Unger Kolner EC Card
$1,000
Topps Star Wars: The Empire Strikes Back - Series 1 Luke Skywalker
Topps Star Wars: The Empire Strikes Back - Series 1 Luke Skywalker
$1,000
1979 Hostess Baseball George Brett
1979 Hostess Baseball George Brett
$4,920.00