Breakthroughs and everyday innovations from the year.
HEADLINES ON October 29, 1949
Full News Archive
- Headline: Remembering Dr. James N. Frost. Impact: Dr. James N. Frost's groundbreaking work led to the invention of the freeze-dried snack, which ultimately resulted in an entire generation of people mistaking astronaut food for gourmet cuisine. Thanks, doc!. Fact: Did you know that freeze-dried ice cream is just as delicious as it sounds? Just kidding, itβs mostly just air..
- Headline: The Legacy of Nicholas R. Cowenhoven. Impact: Nicholas R. Cowenhoven's impact on history is still being debated. Some believe he inspired the phrase 'you can't make this stuff up,' which has since been used in countless sitcoms.. Fact: Did you know that Cowenhoven is Dutch for 'cow haven'? So if you ever wanted to start a dairy farm, youβve found the perfect name!.
- Headline: Bill Corum, Columnist, Succeeds Winn as Head of Churchill Downs; Broadcaster and Writer, 54 Chosen by 5-Man Board to Direct Kentucky Derby. Impact: Bill Corum's appointment as head of Churchill Downs led to the rise of the 'derby hat' fashion trend, which subsequently caused major hat manufacturers to flourish and birthed the phrase 'bigger is better' in headwear.. Fact: Did you know that wearing a derby hat can instantly increase your chances of winning at horse races? Just kidding, itβs all about luck!.
- Headline: New York, Ontario Line to Be Sold; Railroad in Bankruptcy Since 1937; Trustees Say Sale of All or Most of 544-Mile Route Is Needed to Continue Operation -- Decision Made After 6-Month Test. Impact: The sale of the New York, Ontario Line sparked a domino effect that eventually resulted in the rise of Uber and Lyft. Who knew a failed railroad could lead to modern-day carpooling?. Fact: Did you know that the only thing worse than being stuck in traffic is being stuck in a train thatβs bankrupt? Ouch!.
- Headline: Football Team Helps Foil Strike Of James Madison High Students. Impact: The football team's intervention in the student strike made them local heroes, forever changing the landscape of high school sports. Now, every football player believes they have the power to solve any crisis, including cafeteria food quality.. Fact: Did you know that most high school strikes are over food? Apparently, students are more passionate about pizza than politics!.
- Headline: MISS RUTH W.JONES. Impact: Miss Ruth W. Jones may not have gone down in history, but her name was used in countless sitcoms to represent the quintessential 'nice lady next door.' The chain reaction of nice neighbors has led to the rise of passive-aggressive notes.. Fact: Did you know that Ruth is a popular name for women who bake cookies? Just saying, it might be a conspiracy..
- Headline: 200 AT SAMUE_____L RITES; Associates on The Times Attend Service for Credit Manager. Impact: The service for Max Samuel resulted in an unexpected spike in newspaper subscriptions as people realized they had no idea who he was, but felt compelled to learn more about him. This led to the creation of the βwhoβs that guy?β column.. Fact: Did you know that attending a funeral can sometimes make you the most popular person in the room? Just ask the grieving relatives!.
- Headline: DR, WILLIAM HALSEY JR.. Impact: Dr. William Halsey Jr.'s contributions to medicine have directly led to the widespread belief that doctors can cure anything with a good enough prescription. This has resulted in a boom in the pharmaceutical industry.. Fact: Did you know that Halsey is also a popular singer? The connection between medicine and music is a little more than ironic!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1949, it would be worth $3,433,939 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1949, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1949, it would be worth $147,887 today (147.9x return)