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 June 18, 1955
Full News Archive
- Headline: Symphony League Elects New President. Impact: The election of John Edwards as president of the Symphony League led to a series of increasingly avant-garde performances, which ultimately culminated in an orchestra playing only the sounds of silence. This bizarre trend sparked a global movement for 'musical minimalism' that lasted throughout the 21st century.. Fact: Did you know that John Edwards was later rumored to have been a conductor for a secret society of musicians who believed that silence was the ultimate form of expression? No? Well, thatβs because itβs completely made up!.
- Headline: Jansen Faces Criticism Over Child Aid Policies. Impact: The Child Aid Unitβs resistance to Jansenβs order to keep centers open during vacations resulted in a nationwide uprising of overworked psychologists. In an ironic twist, their protest led to the creation of a new holiday: National Mental Health Day, where no one does anything productive. Oh wait, thatβs every holiday.. Fact: Fun fact: The average salary of a psychologist in the 1950s was about as low as the chances of a vacation center being open during school breaks. Spoiler alert: very low!.
- Headline: Rita Hayworth's Legal Victory Over Columbia. Impact: Rita Hayworthβs legal victory against Columbia Pictures not only saved her career but also inspired a generation of actresses to stand up for their rights, eventually leading to a Hollywood where actors could claim their lunch breaks without fear of legal repercussions. A true win for the sandwich lovers!. Fact: Did you know that Hayworth was known for her iconic red hair? Ironically, she fought to keep her hair color but not her dignity in the face of Hollywoodβs absurdity..
- Headline: A. & P. SALES POST HIGH 9TH YEAR; Up 3.8% to $4,139,966,250 -- Net Earnings Advance 6% to $32,233,308 TAX BILL DECLINES 5.7% Dana Corp. Also Notes Gains in Volume and Profits -- Other Company Reports. Impact: A. & P.'s sales increase led to a grocery store arms race where competitors had to outdo each other with ever more ridiculous promotions. This eventually resulted in 'Free Cabbage Day,' which was a smashing success until people realized they had no idea what to do with their unlimited cabbage.. Fact: Did you know that A. & P. was once the largest grocery chain in America? But donβt worry, it was still less confusing than explaining the concept of self-checkout to your parents..
- Headline: J. C. ARGETSINGER. Impact: J. C. Argetsingerβs contributions to the community were so impactful that a statue was erected in his honor, which later became a popular spot for Instagram influencers looking for the perfect backdrop for their 'deep thoughts' posts.. Fact: Fun fact: The statue was originally going to depict Argetsinger in a heroic pose, but they settled for a more 'realistic' representation of him just staring at paperwork..
- Headline: IDOMINICK R. GRATTAN. Impact: Dominick R. Grattanβs name became synonymous with high-stakes negotiation tactics, leading to the creation of a reality TV show called 'Grattanβs Gambit,' where contestants had to negotiate their way out of awkward social situations. Spoiler: it was a ratings disaster.. Fact: Did you know Dominick R. Grattan was known for his poker face? Too bad it didnβt help him during family dinners..
- Headline: SIDELIGHTS OF THE DAY IN FINANCIAL AND BUSINESS FIELDS. Impact: The rise in rates granted by the Pennsylvania PUC led to a nationwide trend of utility companies competing to see who could charge the most for the least service, sparking a new era of customer apathy and collective sighing.. Fact: Fun fact: The Pennsylvania PUC has been known to grant raises to utility companies faster than they can fix a pothole. Talk about priorities!.
- Headline: WENDELL B. FARRI$. Impact: Wendell B. Farrisβs contributions to the business community were so influential that they inspired a series of motivational posters, leading to an unfortunate surge in office wall decor featuring cats doing yoga. The corporate world has never been the same.. Fact: Did you know that Wendell B. Farris is often mistakenly believed to be a cat whisperer? Heβs not, but the rumor adds to his mystique!.
- Headline: Weight Lifting Tour Extended. Impact: The extension of the weight lifting tour inadvertently led to the rise of 'Gym Culture' where people began to worship biceps as if they were sacred relics, creating an entire subculture dedicated to protein shakes and questionable fitness advice.. Fact: Did you know that weightlifting was once considered a niche hobby? Now itβs a full-blown lifestyle, complete with its own Instagram filter: 'Gainz Glow.'.
Wall Street Time Machine
IBM
IBM
IBM - If you invested $1,000 in 1955, it would be worth $205,272 today (205.3x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1955, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1955, it would be worth $3,433,941 today (3433.9x return)