When This Dropped

December 5, 1957

President
Eisenhower
Dow (EOY)
436
Gas/gal
$0.31
Min Wage
$1.00

By the winter of 1957, Eisenhower was in the White House and the federal minimum wage stood at $1.00/hr — the U.S. Navy's Vanguard rocket had just exploded on the launch pad in a failed attempt to put America's first satellite into orbit, leaving the country scrambling to close the gap with the Soviet Union in the early space race. On television, "Gunsmoke" was the top-rated show in the country, while moviegoers were buying tickets to see "The Bridge on the River Kwai" take home the Academy Award for Best Picture. The Detroit Lions had claimed the NFL championship, and on December 20, Boeing's new 707 jet airliner completed its first flight, marking the beginning of the commercial jet age in America.

On the cover

Magazine Covers — December 5, 1957

New York Times
Time
TV Guide
Nat. Geographic

NY Times Headlines — Week of December 5, 1957

Stevenson Urges U.S. Seek Nato Aid For Mideast Pact; Suggests Alliance Consider Guaranteeing Boundaries Of Arabs And Israelis Administration Demurs Democratic Leader Favors Greater Political-Economic Drive To Counter Soviet

Senators To Push Inquiry In Failure Of Vanguard Test; Quarles Sees 'No Bearing' On Military Projects-- President Gets Report Full Study Under Way Naval Laboratory Seeking To Discover What Caused Satellite Device To Fail Officials Are Glum Some Are 'Spectacular' Senators Press Vanguard Study Seek To Match Soviet Bomber Bid Backed

President To Ask Authority To Cut Tariffs By 25%; Administration Is Expected To Seek 5-Year Renewal Of Reciprocal Trade Act Vigorous Battle Is Due Protectionists In Congress Marshal Forces For Attack --Law Expires June 30 Crucial Fight Looms Boggs To Challenge Coalition President To Ask 25% Tariff Slash

World Events — December 1957

Time Person of the Year — 1957

Hungarian Freedom Fighter
Person of the Year
Hungarian Freedom Fighter

On the radio

Billboard Charts — December 5, 1957

You Send Me
/" Summertime " Sam Cooke with Bumps Blackwell Orchestra
Best Sellers #1
"You Send Me"
/" Summertime " Sam Cooke with Bumps Blackwell Orchestra

On the bookshelf

By Love Possessed
NYT Fiction #1
"By Love Possessed"
Kids Say the Darndest Things
NYT Non-Fiction #1
"Kids Say the Darndest Things"
The Field of Vision
Wright Morris
National Book Award Fiction
"The Field of Vision"
Wright Morris
Russia Leaves the War
George F. Kennan
National Book Award Nonfiction
"Russia Leaves the War"
George F. Kennan

On the television

Nielsen Top 10 — 1957–58 Season

Gunsmoke
Nielsen #1 TV Show
Gunsmoke
Nielsen
Top 10
TV Shows
Nielsen Ratings
Top 10 TV Shows
1957–58 Season

Emmy Winners — 1957

Gunsmoke
Emmy Drama Series
Gunsmoke
The Phil Silvers Show
Emmy Comedy Series
The Phil Silvers Show
Peter Ustinov
Omnibus
Emmy Lead Actor
Peter Ustinov
Omnibus
Jane Wyatt
Father Knows Best
Emmy Lead Actress
Jane Wyatt
Father Knows Best

At the movies

Box Office & Oscar Winners — December 5, 1957

Pal Joey
Box Office #1
Pal Joey
The Bridge on the River Kwai
Oscar Best Picture
The Bridge on the River Kwai
David Lean
The Bridge on the River Kwai
Oscar Best Director
David Lean
The Bridge on the River Kwai
Alec Guinness
The Bridge on the River Kwai
Oscar Best Actor
Alec Guinness
The Bridge on the River Kwai
Joanne Woodward
The Three Faces of Eve
Oscar Best Actress
Joanne Woodward
The Three Faces of Eve

On the field

Sports Champions — December 5, 1957

NFL Champion
Detroit Lions
World Series
Milwaukee Braves
def. New York Yankees
NBA Champion
Boston Celtics
def. St. Louis Hawks
Stanley Cup
Montreal Canadiens
def. Boston Bruins

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