When This Dropped

December 4, 1950

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

By the winter of 1950, Truman was in the White House and the federal minimum wage stood at $0.75/hr — and American troops were committed to the Korean Peninsula as the United States entered the conflict that would define the early Cold War era. On the entertainment front, the musical film "On the Town" was the top draw at the box office, while Milton Berle's "Texaco Star Theatre" remained the dominant force in American living rooms. On the gridiron, the Cleveland Browns claimed the NFL championship, and in a landmark moment for international law enforcement cooperation, the International Police Association was founded on January 1, 1950, becoming the largest police organization in the world.

On the cover

Magazine Covers — December 4, 1950

New York Times
Time
Nat. Geographic

NY Times Headlines — Week of December 4, 1950

Washington Grim; President Again Calls In Acheson, Marshall And Bradley On Crisis Congress Heads Briefed Secretary Of State Explains To Them Latest War News And The 'Grave Consequences'

Bradley Reports; President Greets Prime Minister Attlee, Truman Discuss 'Disaster' Meeting Mostly Exploratory Warn Of 'Bottomless Pit' At Airport Before Arrival Talks Moved Up

House Group Sends Rent Control Bill To Floor For Vote; Rules Unit, Reversing Itself, Frees Measure To Extend Curbs To March 31,1951 Congress May Act Today Senate Plans Ballot At 2 P.M. On 60-Day Plan And House Is Slated To Test Its Bill

Enemy Hit In West; Savage Pounding Eases Plight Of The Battered U.N. Forces In Area Trapped Units On March Marines On East Coast Begin Fighting Way To Sea, Join Up With Relief Column

War Unity Is Set; U.S. And Britain To Press For Just Korean Peace Through The U.N. Cease-Fire Still Sought Chinese Reds Ask Indians For Assurances If They Halt At The 38th Parallel Other Developments 'Limited War' Set Aside Attlee, Truman Reach An Impasse Further Split Is Foreseen

World Events — December 1950

Time Person of the Year — 1950

Winston Churchill
Person of the Year
Winston Churchill

On the radio

Billboard Charts — December 4, 1950

The Thing
Phil Harris with Orchestra conducted by Walter Scharf
Best Sellers #1
"The Thing"
Phil Harris with Orchestra conducted by Walter Scharf

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

Nielsen Top 10 — 1950–51 Season

Texaco Star Theatre
Nielsen #1 TV Show
Texaco Star Theatre
Nielsen
Top 10
TV Shows
Nielsen Ratings
Top 10 TV Shows
1950–51 Season

At the movies

Box Office & Oscar Winners — December 4, 1950

King Solomon's Mines
Box Office #1
King Solomon's Mines
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 — December 4, 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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