When This Dropped

May 7, 1951

President
Truman
Dow (EOY)
269
Gas/gal
$0.27
Min Wage
$0.75

Gas cost $0.27 a gallon in the spring of 1951, and the Dow Jones stood at 269 — the Korean War was entering its second year, with ceasefire negotiations stalled and American troops still fighting along the 38th parallel. On the radio, Perry Como's "Mockin' Bird Hill" held the top spot on the charts, while audiences packed theaters to see "Royal Wedding" starring Fred Astaire and Jane Powell. The Rochester Royals claimed the NBA championship that spring by defeating the New York Knicks, and on March 31, Remington Rand delivered the first UNIVAC I computer to the United States Census Bureau, marking the beginning of the commercial computer age in America.

On the cover

Magazine Covers — May 7, 1951

New York Times
Time
Nat. Geographic

NY Times Headlines — Week of May 7, 1951

Marshall Replies To M'Arthur Today In Senate'S Inquiry; Administration Witnesses Are Expected To Cite Risks Of Chiang War On Mainland Gamble On Formosa Seen Ex-Commander'S Proposal Will Be Called Even Costlier Than Korea Campaign The Administration'S Line To Conversions Seen Marshall Replies To M'Arthur Today

World Events — May 1951

Time Person of the Year — 1951

The American Fighting-Man
Person of the Year
The American Fighting-Man

On the radio

Billboard Charts — May 7, 1951

How High the Moon
Les Paul and Mary Ford
Best Sellers #1
"How High the Moon"
Les Paul and Mary Ford

On the bookshelf

From Here to Eternity
NYT Fiction #1
"From Here to Eternity"
Look Younger, Live Longer
NYT Non-Fiction #1
"Look Younger, Live Longer"
The Town
Conrad Richter
Pulitzer Prize Fiction
"The Town"
Conrad Richter
The Collected Stories
William Faulkner
National Book Award Fiction
"The Collected Stories"
William Faulkner
Herman Melville
Newton Arvin
National Book Award Nonfiction
"Herman Melville"
Newton Arvin

On the television

Nielsen Top 10 — 1950–51 Season

Arthur Godfrey's Talent Scouts
Nielsen #1 TV Show
Arthur Godfrey's Talent Scouts
Nielsen
Top 10
TV Shows
Nielsen Ratings
Top 10 TV Shows
1950–51 Season

At the movies

Box Office & Oscar Winners — May 7, 1951

Father's Little Dividend
Box Office #1
Father's Little Dividend
An American in Paris
Oscar Best Picture
An American in Paris
George Stevens
A Place in the Sun
Oscar Best Director
George Stevens
A Place in the Sun
Humphrey Bogart
The African Queen
Oscar Best Actor
Humphrey Bogart
The African Queen
Vivien Leigh
A Streetcar Named Desire
Oscar Best Actress
Vivien Leigh
A Streetcar Named Desire

On the field

Sports Champions — May 7, 1951

NFL Champion
Los Angeles Rams
World Series
New York Yankees
def. New York Giants
NBA Champion
Rochester Royals
def. New York Knicks
Stanley Cup
Toronto Maple Leafs
def. Montreal Canadiens

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