When This Dropped

June 24, 1951

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

The federal minimum wage stood at $0.75/hr that summer of 1951, and the Dow Jones sat at 269 — the Korean War ceasefire negotiations were underway, with the U.S. and Soviet-backed North Korea working through the United Nations toward a military truce that held the attention of the country all season long. At the movies, Mario Lanza was packing theaters in "The Great Caruso," while on the radio Nat "King" Cole's "Too Young" sat at the top of the charts for weeks. On June 14, the U.S. Census Bureau formally dedicated UNIVAC I, the first commercially produced electronic computer in the United States, marking a concrete turning point in how large-scale data processing would work going forward.

On the cover

Magazine Covers — June 24, 1951

New York Times
Time
Nat. Geographic

NY Times Headlines — Week of June 24, 1951

President Urges Tighter Controls To Bar 'Disaster'; 'Distressed' By Pending Bills, He Warns Congress That Laxity Abets Inflation Cites Dangers To Nation Truman Bids Senate And House Heed Advisers' Forecast Of Greater Pressures

Lie Proposes Immediate Truce Talks; U. N. To Relay His Korea Plea To World; U. S. Remains Wary; Allies Are Hopeful; Phoned From Oslo Message Asks Military Cease-Fire To Precede . Negotiating Of Issues Entezam Will See Malik Assembly President Will Seek A Fuller Explanation Of The Soviet Peace Proposal Lie Makes Appeal For A Parley Now 'Sincerity Through Deeds' Korean Unity Held Basis

Control Extension Is Pushed As C.I.O. Warns Of Boycott; Senate Begins Debate--House Rules Group Clears Defense Measure For Floor Action Peace Feeler Confusing Rieve Says He Will Ask Unions To Ignore Any Law That Stabilizes Improperly

Moscow For Limiting Talks On Truce To Military Chiefs Of U.N. And North Koreans; Kirk Sees Gromyko 'Clarification' Of Soviet Bid Is Found Puzzling By Washington Aides Role Of Peiping Skirted Russian Holds Chinese Reds Officially Not In War--16 United Nations Voice Hope

World Events — June 1951

Time Person of the Year — 1951

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

On the radio

Billboard Charts — June 24, 1951

Too Young
Nat "King" Cole with Orchestra Conducted by Les Baxter
Best Sellers #1
"Too Young"
Nat "King" Cole with Orchestra Conducted by Les Baxter

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 — June 24, 1951

The Great Caruso
Box Office #1
The Great Caruso
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 — June 24, 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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