May 8, 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 8, 1957
NY Times Headlines — Week of May 8, 1957
Democrats Score President On Eve Of Budget Appeal; Johnson, In Senate Attack, Cites Contradictory Views Within Administration Plea On The Air Tonight Eisenhower To Talk To Nation --Senators Support Postal, Treasury, Court Cuts Confusion Is Decried Adams Stand Is Cited Democrats Score President'S Plan 'A Night Of Decision' Cut In Aid Recalled
World Events — May 1957
Time Person of the Year — 1957
On the radio
Billboard Charts — May 8, 1957
On the bookshelf
On the television
Nielsen Top 10 — 1956–57 Season
Emmy Winners — 1957
At the movies
Box Office & Oscar Winners — May 8, 1957
On the field
Sports Champions — May 8, 1957
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