When This Dropped

August 27, 1978

President
Carter
Dow (EOY)
805
Gas/gal
$0.63
Big Mac
$0.83
Min Wage
$2.65

A Big Mac cost $0.83 that summer of 1978, and the Dow Jones sat at 805 — while NATO and the Soviet Union traded warnings over African conflicts and arms reductions in central Europe, the Cold War remained a constant backdrop to ordinary American life. On movie screens and radio stations, "Grease" was the top-grossing film of the summer with John Travolta and Olivia Newton-John drawing massive crowds, while Andy Gibb held the number-one spot on the charts with "Shadow Dancing." On June 22, astronomer James Christy at the U.S. Naval Observatory discovered Charon, a previously unknown moon orbiting Pluto, marking the first major addition to the known Pluto system and expanding humanity's understanding of the outer solar system.

On the cover

Magazine Covers — August 27, 1978

New York Times
Time
Rolling Stone
TV Guide
Nat. Geographic

World Events — August 1978

Time Person of the Year — 1978

Anwar Sadat
Person of the Year
Anwar Sadat

On the radio

Billboard Charts — August 27, 1978

Grease
Frankie Valli
Hot 100 #1
"Grease"
Frankie Valli
Grease
Soundtrack
Billboard 200 #1
"Grease"
Soundtrack

Grammy Awards

Saturday Night Fever
Bee Gees
Grammy Album of the Year
"Saturday Night Fever"
Bee Gees
Just the Way You Are
Billy Joel
Grammy Song of the Year
"Just the Way You Are"
Billy Joel
Just the Way You Are
Billy Joel
Grammy Record of the Year
"Just the Way You Are"
Billy Joel
A Taste of Honey
Grammy Best New Artist
A Taste of Honey

On the bookshelf

Chesapeake
James Michener
NYT Fiction #1
"Chesapeake"
James Michener
If Life Is a Bowl of Cherries…
Erma Bombeck
NYT Non-Fiction #1
"If Life Is a Bowl of Cherries…"
Erma Bombeck
Elbow Room
James Alan McPherson
Pulitzer Prize Fiction
"Elbow Room"
James Alan McPherson
Blood Tie
Mary Lee Settle
National Book Award Fiction
"Blood Tie"
Mary Lee Settle
Samuel Johnson
W. Jackson Bate
National Book Award Nonfiction
"Samuel Johnson"
W. Jackson Bate

On the television

Nielsen Top 10 — 1977–78 Season

Laverne & Shirley
Nielsen #1 TV Show
Laverne & Shirley
Nielsen
Top 10
TV Shows
Nielsen Ratings
Top 10 TV Shows
1977–78 Season

Emmy Winners — 1978

Lou Grant
Emmy Drama Series
Lou Grant
Taxi
Emmy Comedy Series
Taxi
Ron Leibman
Kaz
Emmy Lead Actor
Ron Leibman
Kaz
Mariette Hartley
The Incredible Hulk
Emmy Lead Actress
Mariette Hartley
The Incredible Hulk

At the movies

Box Office & Oscar Winners — August 27, 1978

Hooper
Box Office #1
Hooper
Annie Hall
Oscar Best Picture
Annie Hall
Michael Cimino
The Deer Hunter
Oscar Best Director
Michael Cimino
The Deer Hunter
Jon Voight
Coming Home
Oscar Best Actor
Jon Voight
Coming Home
Jane Fonda
Coming Home
Oscar Best Actress
Jane Fonda
Coming Home

Ebert 4-Star Films — August 27, 1978

An Unmarried Woman
4-Star Review
An Unmarried Woman
Blue Collar
4-Star Review
Blue Collar
Coming Home
4-Star Review
Coming Home
Days of Heaven
4-Star Review
Days of Heaven
Gates of Heaven
4-Star Review
Gates of Heaven

On the field

Sports Champions — August 27, 1978

Super Bowl
Dallas Cowboys
def. Denver Broncos
World Series
New York Yankees
def. Los Angeles Dodgers
NBA Champion
Washington Bullets
def. Seattle SuperSonics
Stanley Cup
Montreal Canadiens
def. Boston Bruins

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