How much things cost in 1940
Average cost of new house: $3,920.00
Average wages per year: $1,725.00
Cost of a gallon of gas: 11 cents
Average cost for house (rent): $30.00 per month
Radio: $16.95
Average price for a new car: $850.00
Battery for torch: 10 cents
Hoover: $52.50
Movies
Walt Disney’s animated film Pinocchio is released together with Fantasia The Great Dictator, starring Charlie Chaplin
Academy Award, Best Picture: Gone With the Wind (Selznick International Pictures; MGM)
Music
“Careless” Glenn Miller
“I’ll Never Smile Again ” Tommy Dorsey with Frank Sinatra
“In the Mood ” Glenn Miller
“Pennsylvania 6-5000 ” Glenn Miller
“Only Forever” Bing Crosby
Born This Year
John Lennon October 9th
In the news
Federal spending: $9.47 billion
Federal debt: $50.7 billion
Consumer Price Index: 14
Unemployment: 14.6%
Cost of a first-class stamp: $0.03
The first Social Security benefit checks are paid out (Jan 30).
The Pennsylvania Turnpike opens. It is the first multilane U.S. superhighway. The first Los Angeles freeway opens.
The first McDonald’s hamburger stand opens in Pasadena, Calif.
CBS demonstrates color television in New York.
WNBT, the first regularly operating television station, debuts in New York with an estimated 10,000 viewers.
It’s a bird! It’s a plane! It’s Superman! The radio show debuts.
The first Bugs Bunny cartoon.
Freeze drying is adapted for food preservation.
Plasma is discovered to be a substitute for whole blood in transfusions.
The 1940 World Series matched the Cincinnati Reds against the Detroit Tigers, with the Reds winning the Series in seven games for their second championship, their first since the scandal-tainted victory in 1919. Bill Klem worked the last of his record 18 World Series as an umpire.
The 1940 National Football League Championship Game, was the 8th in NFL history. The game was played at Griffith Stadium in Washington, D.C. on December 8, 1940. The Chicago Bears defeated the Washington Redskins, 73-0, the most one-sided victory in NFL history.
Stanley Cup
NY Rangers d. Toronto (4-2)
Wimbledon
Women: Not held (World War II)
Men: Not held (World War II)
Kentucky Derby Champion
Gallahadion
NCAA Basketball Championship
Indiana d. Kansas (60-42)
NCAA Football Champions
Minnesota (8-0-0)