June 3, 1954
The federal minimum wage stood at $0.75/hr that summer of 1954, and the Dow Jones sat at 404 — the U.N. formally returned administration of a war-evacuated region north of the 38th Parallel to South Korea, a sign that the peninsula was slowly transitioning back to civilian governance two years after the armistice. On television, "I Love Lucy" remained the top-rated show in the country, while at the movies, audiences were lining up to see "The Caine Mutiny," and Kitty Kallen's "Little Things Mean a Lot" was the song playing on nearly every radio. On July 31, Italian mountaineers Lino Lacedelli and Achille Compagnoni reached the summit of K2 in the Karakoram range, becoming the first people in history to stand atop the world's second-highest mountain.
On the cover
Magazine Covers — June 3, 1954
NY Times Headlines — Week of June 3, 1954
A. E. C. Champions Private Atom Use With Public Funds; Report To Congress Says Time Has Come For Development Of Peacetime Benefits Private Atom Use Spurred By A.E.C.
Van Fleet Makes A Gloomy Report; Tells Senators Of Situation He Found In Far East On Survey For President Van Fleet Makes A Gloomy Report To Senate Groups On The Far East
Federal Curbs On Lobbying Ruled Legal By High Court; High Court Backs U. S. Lobbying Law
U. S. Won'T Intervene Alone In Vietnam, Dulles Reports; Secretary Also Says There Is No Plan To Ask Congress To Sanction Joining An Allied Force In Indochina U. S. Intervention Is Held Unlikely
Molotov Insists Geneva Consider Political Issues; Wants All Indochina Problems Weighed -- Bars Separate Laos And Cambodia Talk Urges French Meet Reds Taunts Paris On Costs Of War 'Foreigners' Lead -- Laniel Wins Delay In Debate Molotov Insists On Political Talk
World Events — June 1954
Time Person of the Year — 1954
On the radio
Billboard Charts — June 3, 1954
On the bookshelf
On the television
Nielsen Top 10 — 1953–54 Season
Emmy Winners — 1954
At the movies
Box Office & Oscar Winners — June 3, 1954
On the field
Sports Champions — June 3, 1954
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