When This Dropped

June 6, 1950

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

The federal minimum wage stood at $0.75/hr that summer of 1950, and the Dow Jones sat at 235 — the Korean War had begun just weeks earlier, with North Korean forces pushing south and U.S. troops rushing to hold the line around Pusan. At the movies, audiences were turning out for "Father of the Bride" with Spencer Tracy, while on the radio Nat "King" Cole's "Mona Lisa" sat at the top of the charts. That June, French mountaineers Maurice Herzog and Louis Lachenal made history by reaching the summit of Annapurna, becoming the first climbers ever to stand atop a peak higher than 8,000 metres.

On the cover

Magazine Covers — June 6, 1950

New York Times
Time
Nat. Geographic

NY Times Headlines — Week of June 6, 1950

Marshall Warns Of Soviet Invasion If Arms Aid Stops; Testifying On Arms Aid

Acheson Accuses Kremlin Of Using Coercion On U.N.; Cool To Lie'S Peace Plan, He Holds Soviet Is Responsible For Impasse Over China Assails Russian Boycott U.N. Chief'S 10-Point Proposal Hit By Formosa Envoy, But Backed In Other Quarters

Senators Approve 3-Year Draft Plan With Racial Limits; They Also Vote To Leave Calls Up To President, Ordering Bill To Floor For Showdown A Choice On Segregation Men Would Get Right To Serve Only With Own Race--Hard Fight In Conference Seen Present Act Nearing End Provisions Of Russell Plan Senators Approve 3-Year Draft Plan Senator Sets A "Real Fight" Would Warn Officers

Bradley Sees U.S. Unready For War; Forces Will Lack Strength Year Hence, He Tells Senators-- Air Chief Warns Of Bomb U. S. Not Ready Far A Major War, Bradley Tells Senate Committee

World Events — June 1950

Time Person of the Year — 1950

Winston Churchill
Person of the Year
Winston Churchill

On the radio

Billboard Charts — June 6, 1950

Hoop-Dee-Doo
Perry Como and The Fontane Sisters with Mitchell Ayres and his Orchestra
Best Sellers #1
"Hoop-Dee-Doo"
Perry Como and The Fontane Sisters with Mitchell Ayres and his Orchestra

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 — June 6, 1950

The Big Hangover
Box Office #1
The Big Hangover
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 — June 6, 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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