Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON October 15, 1953
Full News Archive
- Headline: Senate Seeks Child Crime Data. Impact: When civic groups teamed up with politicians to study child crime data, it sparked a wave of finger-pointing that eventually led to a reality TV show about the worst parenting techniques. Who knew 2000 civic organizations could lead to such entertaining television?. Fact: Did you know that the only thing more complex than child crime data is trying to get a toddler to eat vegetables?.
- Headline: Widow Charged With $100,000 Stock Fraud. Impact: This widowβs stock fraud saga created a new trend where the elderly began to invest in comfort food companies, inadvertently boosting the stock of ice cream makers. Who knew that fraud could lead to a dessert renaissance?. Fact: Fun fact: In the stock market, it's not just the young who get to play. Apparently, widows can be quite the risk-takers too!.
- Headline: Brazil's Import Priorities and Currency News. Impact: The cruzeiroβs dip in value led to a series of unfortunate trade deals that resulted in Brazil importing more rubber ducks than actual necessities. Who needs food when you can have bath toys?. Fact: Did you know that the only thing more volatile than the cruzeiro was the price of coffee back then? Itβs like a caffeinated roller coaster!.
- Headline: Dressen Out as Dodger Manager After Rejecting One-Year Contract; Dressen Leaves Dodgers Over Club's Refusal to Extend Contract Beyond 1954 OFFER IS REJECTED DESPITE PAY RISE. Impact: Dressenβs exit from the Dodgers led to a series of managerial decisions that would inspire a future generation of sports documentaries about how not to run a team. Spoiler alert: it wasnβt pretty.. Fact: Did you know that turning down a one-year contract is the baseball equivalent of saying 'I just need some space'?.
- Headline: $600,000,000 ISSUE IS SET FOR A. T. & T.; Convertible Debentures Voted by Stockholders at Meeting to Pay for New Expansion LARGEST SINGLE FINANCING Bell System's Parent Concern Reports Move Approved by 87% of All Shares. Impact: AT&Tβs convertible debenture approval led to them becoming the world's largest phone bill provider, effectively ensuring that future generations would always be on hold. Thank you for your patience!. Fact: Did you know that $600 million today could buy you approximately 600 million bad phone calls?.
- Headline: Loans Urged as Best Means. Impact: Dr. Eisenhowerβs call for loans to foster Latin-American friendship inadvertently led to a generation of students majoring in βCultural Diplomacyβ while still living in their parentsβ basements. Thanks, loans!. Fact: Did you know that fostering international friendships can be as easy as sending a postcard and as hard as getting a loan approved?.
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1953, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1953, it would be worth $487,501 today (487.5x return)
IBM
IBM
IBM - If you invested $1,000 in 1953, it would be worth $205,272 today (205.3x return)