May 3, 1957
Gas cost $0.31 a gallon in the spring of 1957, and the Dow Jones stood at 436 — a resurgent American economy was running on steady ground, with the country still adjusting to the aftermath of the 1956 Suez Crisis as Egypt reopened the canal to international shipping that March. On television, "Gunsmoke" was the top-rated drama on American sets, and Elvis Presley's "All Shook Up" was sitting at number one on the charts, marking another milestone in the rise of rock and roll. The Boston Celtics defeated the St. Louis Hawks to claim the NBA championship, and IBM made history that April by selling the first compiler for the Fortran programming language, a development that would quietly reshape the course of modern computing.
On the cover
Magazine Covers — May 3, 1957
NY Times Headlines — Week of May 3, 1957
U.S. Assures Nato It Will Not Cut Might In Europe; Dulles Reads Special Note From President To Allay Fears On Continent Mideast Gains Implied Continental Foreign Chiefs Warn Against Reduction Of Conventional Forces Dulles Reports Mideast Gain Nato Reassured On Forces Of U.S.
M'Carthy Is Dead Of Liver Ailment At The Age Of 47; Wife With Senator At End --Eisenhowers Send Her 'Profound Sympathies' Fight On Reds His Forte It Built World Reputation For Republican--Tactics Were Censured By Senate Nixon Issues Statement Senator Mccarthy Is Dead Of A Liver Ailment At 47 Up For Re-Election In '58
Eisenhower Calls Richards Home; Officials Assert U.S. Fears Liabilities In Extension Of Mideast Envoy'S Tour Trip To Explain Doctrine Jordan'S 'Bid' Withdrawn President Calls Richards Home; No Visit To Syria, Egypt, Jordan To Confer With Israeli Officials Greece Backs Doctrine
President Alerts G.O.P. In The West; Tells Ten-State Conference Of 'Unique Challenge' In '58 To Recoup Losses Hopes For A Regrouping A Reminder By Alcorn President Alerts G.O.P. In The West The People Like Peace
Colombian Army Occupies Bugota; Firing Is Heard; Action Called An 'Exercise' In Wake Of City-Wide Riots Against Rojas Regime Curfew Is Put In Force President Believed To Have Upper Hand, But Student And Labor Strife Rises
World Events — May 1957
Time Person of the Year — 1957
On the radio
Billboard Charts — May 3, 1957
On the bookshelf
On the television
Nielsen Top 10 — 1956–57 Season
Emmy Winners — 1957
At the movies
Box Office & Oscar Winners — May 3, 1957
On the field
Sports Champions — May 3, 1957
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