May 30, 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 30, 1957
NY Times Headlines — Week of May 30, 1957
Senators Favor Policing Lobbies Add Campaigns; Inquiry Panel Urges Placing Of Election Spending Under Scrutiny Of Controller Two Bills Are Drafted Limit Would Be Removed On Amount Of Contributions In A Presidential Race Jail Sentences Proposed Senate Inquiry Favors Policing Of Lobbies And Campaign Funds Two Bills Drafted
Israelis Accuse Egypt Of Raiding; Charge Nasser Is Creating 'Situation Of Tension' Along Border Of The Gaza Strip
World Events — May 1957
Time Person of the Year — 1957
On the radio
Billboard Charts — May 30, 1957
On the bookshelf
On the television
Nielsen Top 10 — 1956–57 Season
Emmy Winners — 1957
At the movies
Box Office & Oscar Winners — May 30, 1957
On the field
Sports Champions — May 30, 1957
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