When This Dropped

December 31, 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 31, 1950

New York Times
Time
Nat. Geographic

NY Times Headlines — Week of December 31, 1950

Congress Starts Final Rush Today To Pass Key Bills; House Meets Two Days And Senate One With Four 'Must' Measures On Program Rail Labor Plan Is Peril Might Tie Up Lower Chamber, Blocking Excess Profits Tax And Other Crisis Needs

New Parleys Held; 2 Groups In U. N. Confer With The American And Soviet Delegations Sanctions Sifted By U.S. Spokesman Says Economic Step May Be Asked Against Mainland Of China

Hague Backers In A Coup Seize Control Of Hudson County Board; Hague Forces Oust Auditor In Hudson

Fair Dealers Meet Defeat At Opening Of 82d Congress; House By 244-179 Restores To The Rules Body Powers It Voided In '49 For Truman Southern Coalition Wins Barkley Asks For Nonpartisan Action In Crisis--Rayburn Calls Isolation Ruinous

World Events — December 1950

Time Person of the Year — 1950

Winston Churchill
Person of the Year
Winston Churchill

On the radio

Billboard Charts — December 31, 1950

The Tennessee Waltz
Patti Page with Orchestra conducted by Jack Rael
Best Sellers #1
"The Tennessee Waltz"
Patti Page with Orchestra conducted by Jack Rael

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 31, 1950

Mr. Music
Box Office #1
Mr. Music
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 31, 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

Interested in postcards, posters or t-shirts? Leave your email and we’ll let you know.