DECEMBER 2, 1931

WEDNESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1931
WOULD HAVE MADE YOU $54,629,248 IN 2025
Min_Wage_Hourly: $0.26
Median_Home_Price: $5,350.00
Gas_Price_Avg: $0.20
Bread_Price_Avg: $0.08
Movie_Ticket_Avg: $0.26
First_Class_Stamp: $0.02
Milk_Price_Avg: $0.50
Top Movies By December 2, 1931
1 Frankenstein
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Frankenstein
2 The Smiling Lieutenant
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The Smiling Lieutenant
3 Tonight or Never
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Tonight or Never
4 The Public Enemy
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The Public Enemy
5 City Lights
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City Lights
6 Cimarron
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Cimarron
7 Little Caesar
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Little Caesar
8 Dracula
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Dracula
9 The Front Page
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The Front Page
10 Tom Sawyer
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Tom Sawyer
Monkey Business
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Monkey Business
Dr. Jekyll and Mr. Hyde
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Dr. Jekyll and Mr. Hyde
A Free Soul
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A Free Soul
Tabu
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Tabu
The Maltese Falcon
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The Maltese Falcon
Possessed
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Possessed
The Criminal Code
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The Criminal Code
Mata Hari
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Mata Hari
The Millionaire
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The Millionaire
Five Star Final
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Five Star Final
Waterloo Bridge
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Waterloo Bridge
Night Nurse
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Night Nurse
The Miracle Woman
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The Miracle Woman
An American Tragedy
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An American Tragedy
Dishonored
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Dishonored
City Streets
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City Streets
Private Lives
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Private Lives
The Sin of Madelon Claudet
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The Sin of Madelon Claudet
Street Scene
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Street Scene
Platinum Blonde
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Platinum Blonde
Skippy
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Skippy
Bad Girl
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Bad Girl
Iron Man
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Iron Man
The Champ
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The Champ
Girls About Town
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Girls About Town
Susan Lenox (Her Fall and Rise)
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Susan Lenox (Her Fall and Rise)
Quick Millions
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Quick Millions
The Guardsman
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The Guardsman
Kiki
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Kiki
The Road to Singapore
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The Road to Singapore
24 Hours
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24 Hours
Arrowsmith
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Arrowsmith
The Public Defender
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The Public Defender
Other Men's Women
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Other Men's Women
The Cheat
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The Cheat
Safe in Hell
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Safe in Hell
Inspiration
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Inspiration
The Squaw Man
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The Squaw Man
The Unholy Garden
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The Unholy Garden
The Easiest Way
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The Easiest Way
The Spider
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The Spider
Transatlantic
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Transatlantic
East Lynne
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East Lynne
Paid
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Paid
Morocco
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Morocco
Danger Lights
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Danger Lights
December 2, 1931 Trivia
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The Story of December 2, 1931

On December 2, 1931, milk prices in London surged due to a declining British pound, prompting concerns among both consumers and government officials about the potential economic fallout.

🧠 Inventions of 1931

Breakthroughs and everyday innovations from the year.

1 Electron Diffraction Camera
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Electron Diffraction Camera
2 Air Traffic Control System
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Air Traffic Control System
3 Pressure Cooker Modern Design
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Pressure Cooker Modern Design
4 Concrete Vibrator
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Concrete Vibrator
5 Electric Razor
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Electric Razor
6 Automatic Elevator Controls
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Automatic Elevator Controls
7 Optical Sound-on-Film System
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Optical Sound-on-Film System
8 Polyvinyl Chloride Commercialization
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Polyvinyl Chloride Commercialization
9 Aircraft De-Icing System
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Aircraft De-Icing System
10 Early Radar Experiments
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Early Radar Experiments

The Sounds of

The biggest hits of the year β€” Top 10 Pop & Country chart toppers

HEADLINES ON December 2, 1931

Full News Archive

  • Headline: Milk Prices Surge Amid Falling Sterling. Impact: The increase in milk prices led to a nationwide panic over dairy products, resulting in an underground milk trade. Fast forward a century, and 'milk smuggling' becomes a popular underground sport, complete with black-market cheese and butter bartering.. Fact: Fun fact: Milk was once considered a 'superfood' that could cure everything from broken bones to bad moods. Apparently, it didn't work for the economy, though..
  • Headline: State Control of Canal Preferred Over Federal. Impact: Stanley Carpenter's preference for state control of canal traffic led to an explosion of state-run boat races, which became so popular they inadvertently inspired the Olympics' sailing events. Who knew canal advocacy could lead to athletic glory?. Fact: Interestingly, state-run facilities often get bogged down in red tape, which is probably why your local canal is still under construction..
  • Headline: CONCLUDE ARGUMENTS ON CANNON DEMURRER; Government Counsel Pleads Need for Control of Campaign Funds by Washington.. Impact: The government’s push for campaign finance control led to a series of convoluted political scandals, eventually inspiring a new genre of political satire that made it onto Broadwayβ€”'Campaign Chronicles: A Musical of Mismanagement.'. Fact: Fun fact: The term 'demurrer' sounds like an old-timey excuse for not doing your homework, which might explain why Congress is still struggling with campaign finance laws..
  • Headline: AUTO OUTPUT TO RISE.; Detroit Estimates Put December Production at 125,000.. Impact: The forecasted rise in auto output led to a booming economy, but also birthed a subculture of 'car collectors' who hoarded cars like they were rare PokΓ©mon cards, leading to an eventual shortage of parking spaces that lasted for decades.. Fact: Did you know that in some places, you could once buy a car for less than the price of a sandwich? Now you need a mortgage just to get a decent used one!.
  • Headline: SETS FLIGHT RECORD, MEXICO TO CANADA; Wedell Dashes 1,200 Miles Along West Coast to Vancouver in 6 Hours 40 Minutes. HAWKS IS FORCED DOWN Gas Fumes Nearly Overcome Him in Attempting Another Mark Southward Over the Same Route. Hawks Down Without Injury. Hawks a Victim or Gas.. Impact: Wedell's record-setting flight inspired a global obsession with aviation, which somehow led to the invention of the in-flight movieβ€”much to the chagrin of passengers everywhere.. Fact: The only thing more thrilling than a 1,200-mile flight is the potential for getting stuck next to a guy who insists on telling you his life story during the entire trip..
  • Headline: WALKER IN DRAMATIC PLEA ASKS PARDON FOR MOONEY; ROLPH TO SPEED DECISION; MAYOR SPEAKS TWO HOURS Holds Close Attention of All as He Appeals to Reason and Emotions. LAYS STRESS ON PERJURY Points to Prisoner's Mother and Asks That Her Son Comfort Her Last Days.WALSH REVIEWS THE CASEProsecutor and Foreman ofConvicting Jury Write Beliefin Prisoner's Innocence. Walsh Gives Legal Aspects. Mooney's Mother at Hearing. WALKER ASKS ROLPH TO PARDON MOONEY Justice" His Aim in Effort. Cites Judge and Juror's New Opinion Walsh Compares Dreyfus Case. Sapiro Says Oxman Fooled All. Governor Reserves Decision. Thirty Arrested at Parade. MRS. MOONEY TAKES NEW HOPE "It'll Come True Now," She Tells Walker at End of Plea.. Impact: Walker’s dramatic plea for Mooney's pardon became a touchstone for criminal justice reform, eventually spawning a reality series called 'Pardon Me: The Hunt for Innocence.'. Fact: The Dreyfus case comparison is a bold move; let's just hope it doesn't end with a dramatic reenactment featuring an actual sword fight..
  • Headline: Democratic Majority of Three In the House Now Is Assured. Impact: The narrow Democratic majority in the House led to a series of bizarre legislative negotiations, including one infamous deal where lawmakers had to participate in a dance-off to secure votes.. Fact: Some argue that the only thing more contentious than a tight House majority is trying to agree on what to order for lunch during a meeting..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1931, here's what it would be worth in 2025.
Rank #1
PG
Procter & Gamble
Price in 1931
$0.25
Value in 2025
$586,657

Procter & Gamble - If you invested $1,000 in 1931, it would be worth $586,657 today (586.7x return)

Rank #2
CVX
Chevron
Price in 1931
$0.31
Value in 2025
$474,914

Chevron - If you invested $1,000 in 1931, it would be worth $474,914 today (474.9x return)

Rank #3
GE
General Electric
Price in 1931
$0.62
Value in 2025
$487,500

General Electric - If you invested $1,000 in 1931, it would be worth $487,500 today (487.5x return)

🦸 Top 5 Comics
Detective Dan: Secret Operative No. 48 (Issue #1)
Detective Dan: Secret Operative No. 48 (Issue #1)
$150
Bungleton Green (Issue #1)
Bungleton Green (Issue #1)
$50
Tarzan The Fearless (Issue #1)
Tarzan The Fearless (Issue #1)
$100
Buck Rogers (Issue #1)
Buck Rogers (Issue #1)
$200
Famous Funnies: A Carnival of Comics
Famous Funnies: A Carnival of Comics
$2,250
🧸 Top 5 Toys
Tinker Toys
Tinker Toys
$150.00
Yo-Yo
Yo-Yo
$1350.00
Model Train Sets
Model Train Sets
$1,500.00
Ernst Plank Tin Toys
Ernst Plank Tin Toys
$2,895.00
Wooden Building Blocks
Wooden Building Blocks
$150.00
⚾ Top 5 Trading Cards
Honus Wagner (Biscuit Card)
Honus Wagner (Biscuit Card)
$3,000,000
1931 W517 Babe Ruth
1931 W517 Babe Ruth
$250,000
1931 Wings Cigarettes Future Reigndeers
1931 Wings Cigarettes Future Reigndeers
$60,000
1931 Player'S Cigarettes Kings & Queens Of England
1931 Player'S Cigarettes Kings & Queens Of England
$330.99
1931 J. Millhoff & Co Famous Golfers Bobby Jones
1931 J. Millhoff & Co Famous Golfers Bobby Jones
$157.74