When This Dropped

April 30, 1950

President
Truman
Dow (EOY)
235
Gas/gal
$0.27
Min Wage
$0.75

Gas cost $0.27 a gallon in the spring of 1950, and the Dow Jones stood at 235 — a tense standoff over the status of Trieste kept Western and Soviet diplomats at odds, with Moscow formally demanding the withdrawal of foreign troops from the contested territory. On the entertainment front, the animated film "Cinderella" was drawing families to theaters across the country, and Eileen Barton's "If I Knew You Were Comin' I'd've Baked a Cake" was the song Americans couldn't get off the radio. In sports, the Minneapolis Lakers defeated the Syracuse Nationals to claim the NBA championship, and in New York City, the Brooklyn-Battery Tunnel opened to traffic on May 25, connecting Brooklyn and lower Manhattan through more than a mile of roadway beneath the harbor.

On the cover

Magazine Covers — April 30, 1950

New York Times
Time
Nat. Geographic

NY Times Headlines — Week of April 30, 1950

Moscow Unveils New Type Of Jet; Stages Biggest Demonstration Of Soviet Air Might Ever To Pass Over Red Square

President Opens 89 Loyalty Files To Senate Inquiry; He Agrees To Release Records Of State Department On Some Accused By Mccarthy F.B.I. Data Held Back Senator Asserts New Witness Says Russia Received Atomic Secrets Before Hiroshima Mccarthy Widens Charges Tydings Assails "Surmises" President Yields On Loyalty Files Senator Briefs Testimony Espionage Operation So Great" Compelled" To Tell The People Tydings Cites Truman Attitude

$3,122,450,000 Voted By Senate For Foreign Aid, Point Four; E.R.P. Fund Is Cut $250,000,000; Higher Slash Fails Economy Forces Falter After Nearly Upsetting Administration Aims Point Four Wins By 37-36 Appeal By Taft Proves Futile --Korea, Non-Soviet China And Arabs Will Benefit Shelving Of Point Four Balked Cut Of Billion Is Beaten Senate Votes $3,122,450,000 For Foreign Aid And Point Four Estimates Being Restudied Two Kem Proposals Beaten Labeling Change Rejected

U.S. Says Soviet Harms Peace By Stand On Baltic Incident; New Note Charges Moscow Deliberately Ignores Its International Obligations And Avoids Facts In Plane Attack U.S. Says Moscow Impedes Peace Aim Charges Soviet Ignores Facts

World Events — April 1950

Time Person of the Year — 1950

Winston Churchill
Person of the Year
Winston Churchill

On the radio

Billboard Charts — April 30, 1950

The
Harry Lime" Theme " Anton Karas
Best Sellers #1
"The"
Harry Lime" Theme " Anton Karas

On the bookshelf

The Cardinal
NYT Fiction #1
"The Cardinal"
Betty Crocker's Picture Cook Book
NYT Non-Fiction #1
"Betty Crocker's Picture Cook Book"
The Way West
A.B. Guthrie Jr.
Pulitzer Prize Fiction
"The Way West"
A.B. Guthrie Jr.
The Man with the Golden Arm
Nelson Algren
National Book Award Fiction
"The Man with the Golden Arm"
Nelson Algren
Ralph Waldo Emerson
Ralph L. Rusk
National Book Award Nonfiction
"Ralph Waldo Emerson"
Ralph L. Rusk

On the television

At the movies

Box Office & Oscar Winners — April 30, 1950

Riding High
Box Office #1
Riding High
All About Eve
Oscar Best Picture
All About Eve
Joseph L. Mankiewicz
All About Eve
Oscar Best Director
Joseph L. Mankiewicz
All About Eve
José Ferrer
Cyrano de Bergerac
Oscar Best Actor
José Ferrer
Cyrano de Bergerac
Judy Holliday
Born Yesterday
Oscar Best Actress
Judy Holliday
Born Yesterday

On the field

Sports Champions — April 30, 1950

NFL Champion
Cleveland Browns
World Series
New York Yankees
def. Philadelphia Phillies
NBA Champion
Minneapolis Lakers
def. Syracuse Nationals
Stanley Cup
Detroit Red Wings
def. New York Rangers

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