July 16, 1952
The federal minimum wage stood at $0.75/hr that summer of 1952, and the Dow Jones sat at 292 — as West Germany moved toward restored sovereignty after Truman signed the Bonn Peace Pact, formally bringing the Federal Republic into the community of Western nations. On television, "I Love Lucy" had cemented itself as the country's dominant comedy, winning the Emmy for the category, while Vera Lynn's "Auf Wiederseh'n, Sweetheart" was the song Americans were hearing on the radio that summer. The 1952 Summer Olympics in Helsinki, Finland drew a strong American performance, with US athletes bringing home 40 gold, 19 silver, and 17 bronze medals for a total of 76, placing the country among the top finishers in the Games.
On the cover
Magazine Covers — July 16, 1952
NY Times Headlines — Week of July 16, 1952
Chinese Nationalists Quit Olympics When The Red Regime Is Admitted; O. Nationalists Denounce Acceptance Of Red China As They Drop From Olympics Soviet Satellite Voted In By 33-20 East Meets West While Training For Helsinki Games
Malik Cancels Trip Home; Hope For Korea Truce Rises; Malik Drops Trip; Truce Hopes Rise
4-Hour Steel Talk Fails To Win Peace; U. S. Keeps Trying; Murray And Industry Reach No Agreement -- Companies At Own Meeting Bar New Offer
World Events — July 1952
Time Person of the Year — 1952
On the radio
Billboard Charts — July 16, 1952
On the bookshelf
On the television
Nielsen Top 10 — 1951–52 Season
Emmy Winners — 1952
At the movies
Box Office & Oscar Winners — July 16, 1952
On the field
Sports Champions — July 16, 1952
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