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 August 27, 1955
Full News Archive
- Headline: NYC Mayor Restricts Official Car Use. Impact: This order to cut down on official cars led to a renaissance of public transport in NYC, thus inspiring the creation of countless memes about the struggles of carpooling. Thanks, Mayor Wagner, for the laughter!. Fact: Did you know that limiting official cars for NYC executives was basically a crash course in humility? Welcome to the world of the common folk, where you have to share your personal space with strangers!.
- Headline: City Bus Kiosk Controversy of 1955. Impact: The cityβs internal bus dispute led to a sudden spike in bicycle sales, turning everyone into wannabe Tour de France competitors. Who knew public transportation could double as a fitness program?. Fact: Did you know that fighting over bus kiosks is basically NYC's way of saying, 'We have bigger problems, but let's focus on the small stuff first'?.
- Headline: RIGGING OF COTTON IS LAID TO BROKER; U.S. Accuses Him and Textile Man of Fixing Quotations on March, 1955, Future MAY LIFT REGISTRATIONS Complaint Says Figures Were Cabled to India and Then Fixed in Dealings Here. Impact: The rigging of cotton prices triggered a series of laws that led to the birth of the 'Cotton Price Watch' app, which still hasnβt seen a download since 2005. Apparently, the world wasnβt ready for cotton futures!. Fact: Did you know that fixing quotations on cotton prices is like trying to cheat at Monopoly? Spoiler alert: it doesnβt end well for anyone involved!.
- Headline: President, Chairman Of New Florida Hotel. Impact: The election of H. Mufson as president of a hotel chain set off a hospitality revolution, leading to the rise of themed hotels, including the infamous 'Hotel of Regrets' where guests check in but never check out of their poor choices.. Fact: Did you know that this hotel election was just a fancy way of saying 'let's pick who will oversee the free breakfast buffet'? Priorities, people!.
- Headline: ABITIBI CO. TO EXPAND; Toronto Paper Maker Plans $10,000,000 Michigan Mill. Impact: Abitibi Co.'s expansion plans inadvertently led to a paper shortage in the universe, causing millions of origami enthusiasts to weep openly. Sorry, world, but those paper cranes are now endangered!. Fact: Did you know that a $10 million hardboard mill is basically just a glorified paper factory? Who knew making paper could be so lucrative?.
- Headline: ANTONIO ENTENZA DIES; California Athletic Chief, 76,1 Was Active for Veterans J. Impact: The death of Antonio Entenza left a void in the athletic community that led to a wave of unqualified sports commentators trying to fill in the gaps, resulting in some truly questionable advice on how to throw a football.. Fact: Did you know that Antonio Entenza was so influential, even his absence sparked a conspiracy theory about whether he was actually a superhero in disguise? Spoiler: he wasn't..
- Headline: SIDELIGHTS OF THE DAY IN FINANCIAL AND BUSINESS FIELDS. Impact: The financial and business updates led to a short-lived trend of people trying to impress their friends with outdated stock tips, causing an unexpected resurgence in the popularity of 'get rich quick' schemes. Thanks, financial reports!. Fact: Did you know that 'sidelights of the day' is just a fancy way of saying 'hereβs the boring stuff nobody cares about'? It's like the warm-up before the main event!.
- Headline: Joins Schiaparelli, Inc., As Vice President Here. Impact: C. Bernheimβs election as VP started a chain reaction of people naming their children after fashion brands, leading to a generation of kids named 'Chanel' and 'Gucci' who are now confused about their own identities.. Fact: Did you know that joining Schiaparelli, Inc. as VP is basically a fashionista's equivalent of winning the lottery? I hope they had a solid wardrobe ready for that promotion!.
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)