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On the date

Thursday, July 16, 1931

From the day

Memories from that day

No memories yet. Add yours if you remember this day.

The Headlines

REICH CRISIS UPSETS EXCHANGE MARKETS; British Pound Falls 2 Cents --Dollar and Franc Rise in Rush for Soundest Currency. GERMAN BONDS STILL DROP New York Bankers Fear Trade With Europe Will Be Harmed by Unstable Moneys. London Likely to Ship Gold. REICH CRISIS UPSETS EXCHANGE MARKETS Sterling Falls, Franc Rises. Banks Honor German Checks.

Read in The New York Times →

Best-selling Sheet Music

Minnie the Moocher

Cab Calloway

The must-have

Charlotte Clark Mickey Mouse

On This Day

  • Emperor Haile Selassie signs the first constitution of Ethiopia.

    Wikipedia →

Slang

Slang of the decade

General

damefellaswelllousy

Hardboiled

clip jointgriftershamusgunsel

Swing Era

alligatorjitterbugkiller dillerin the groove

Catchphrases of 1931

  • Goodnight, Mrs. Calabash

Tech Check

Electric Guitar, Electron Microscope & Radio Telescope.

Cost of Living (1930)

Loaf of Bread

$0.09

Gallon of Gas

$0.20

Average Home

$3,900

New Car

$640

Meanwhile

  • The Great DepressionGDP fell 30%; triggered by Black Tuesday (1929-10-29).

Time Elapsed

34,659 days ago

(94 years, 349 days)