October 23, 1950
President
Truman
Dow (EOY)
235
Gas/gal
$0.27
Min Wage
$0.75
That fall of 1950, gas ran $0.27 a gallon and Truman was in the White House — and Allied troops had just recaptured Seoul from North Korean forces, three months after the invasion began. On the radio, "Goodnight Irene" by Gordon Jenkins and The Weavers was the song everyone knew, while "All About Eve" was drawing crowds at movie theaters across the country. The New York Yankees won the World Series that October, defeating the Philadelphia Phillies in four straight games, and the FCC issued its first license to broadcast television in color, awarding it to CBS.
On the cover
Magazine Covers — October 23, 1950
World Events — October 1950
Time Person of the Year — 1950
On the radio
Billboard Charts — October 23, 1950
On the bookshelf
On the television
Nielsen Top 10 — 1950–51 Season
At the movies
Box Office & Oscar Winners — October 23, 1950
On the field
Sports Champions — October 23, 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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