May 1, 1955
Gas cost $0.29 a gallon in the spring of 1955, and the Dow Jones stood at 488 — a newly independent Austria signed a freedom treaty guaranteeing its permanent neutrality, marking a rare diplomatic breakthrough in the early Cold War. On screen and on the radio, Delbert Mann's film "Marty" had just won the Oscar for Best Picture, and Bill Hayes was dominating the charts with "The Ballad of Davy Crockett." In the NBA, the Syracuse Nationals defeated the Fort Wayne Pistons to claim the championship, and on April 15, Ray Kroc opened the first franchised McDonald's restaurant in Des Plaines, Illinois, laying the foundation for what would become the largest fast food chain in the world.
On the cover
Magazine Covers — May 1, 1955
NY Times Headlines — Week of May 1, 1955
Premier'S Foe Takes Over Vietnam In Palace Coup;; U.S. Lead Awaited
General On Top; Nguyen Van Vy Upsets Revolutionary Aides Of Ngo Dinh Diem
Nehru Aide To See Chou On Peace Bid; Krishna Menon Soon To Visit Red China -- Hope Voiced By Indian Prime Minister
President Faces Fight In Congress On His Programs; President Faces Test In Congress Reciprocal Trade Debate On Today In Senate--House To Act On Farm Support
Dulles Condemns The Bricker Plan; Cool To Any Curb; Dulles Condemns Curb On Treaties President Couldn'T Properly Conduct Foreign Affairs, Senate Inquiry Hears
U. S. To Train R.A.F. In Atomic Bombing; U.S. To Train R.A.F. In Atom Bombing Arrangement Said To Be First Envisaging Use By Ally Of American Nuclear Arms
World Events — May 1955
Time Person of the Year — 1955
On the radio
Billboard Charts — May 1, 1955
On the bookshelf
On the television
Nielsen Top 10 — 1954–55 Season
Emmy Winners — 1955
At the movies
Box Office & Oscar Winners — May 1, 1955
On the field
Sports Champions — May 1, 1955
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