AUGUST 1, 1957

THURSDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1957
WOULD HAVE MADE YOU $4,284,072 IN 2025
Min_Wage_Hourly: $0.93
Median_Home_Price: $10,550.00
Gas_Price_Avg: $0.30
Bread_Price_Avg: $0.20
Movie_Ticket_Avg: $0.62
First_Class_Stamp: $0.04
Milk_Price_Avg: $0.94
Top Movies By August 1, 1957
1 Gunfight at the O.K. Corral
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Gunfight at the O.K. Corral
2 An Affair to Remember
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An Affair to Remember
3 Island in the Sun
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Island in the Sun
4 Will Success Spoil Rock Hunter?
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Will Success Spoil Rock Hunter?
5 Night Passage
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Night Passage
6 The Ten Commandments
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The Ten Commandments
7 Around the World in 80 Days
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Around the World in 80 Days
8 Giant
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Giant
9 The King and I
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The King and I
10 Trapeze
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Trapeze
Funny Face
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Funny Face
The Tall T
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The Tall T
The Incredible Shrinking Man
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The Incredible Shrinking Man
12 Angry Men
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12 Angry Men
Heaven Knows, Mr. Allison
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Heaven Knows, Mr. Allison
Jailhouse Rock
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Jailhouse Rock
Love in the Afternoon
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Love in the Afternoon
The Prince and the Showgirl
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The Prince and the Showgirl
The Spirit of St. Louis
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The Spirit of St. Louis
The Monster That Challenged the World
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The Monster That Challenged the World
Designing Woman
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Designing Woman
Tammy and the Bachelor
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Tammy and the Bachelor
The Bachelor Party
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The Bachelor Party
The Burglar
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The Burglar
The Delicate Delinquent
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The Delicate Delinquent
The Girl Can't Help It
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The Girl Can't Help It
The Wrong Man
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The Wrong Man
Baby Doll
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Baby Doll
The Rainmaker
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The Rainmaker
The King and Four Queens
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The King and Four Queens
Love Me Tender
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Love Me Tender
August 1, 1957 Trivia
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The Story of August 1, 1957

On August 1, 1957, the State Tax Board approved the appraisal of Mrs.

🧠 Inventions of 1957

Breakthroughs and everyday innovations from the year.

1 Integrated Circuit Demonstration
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Integrated Circuit Demonstration
2 Artificial Satellite (Sputnik)
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Artificial Satellite (Sputnik)
3 Laser Theory
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Laser Theory
4 Automatic Cruise Control
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Automatic Cruise Control
5 Disposable Contact Lens
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Disposable Contact Lens
6 Digital Pattern Recognition
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Digital Pattern Recognition
7 High-Speed Jet Airliner
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High-Speed Jet Airliner
8 Electric Toothbrush
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Electric Toothbrush
9 Weather Radar Improvements
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Weather Radar Improvements
10 Computer Chess Program
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Computer Chess Program

HEADLINES ON August 1, 1957

Full News Archive

  • Headline: Mrs. Lamont's Estate Tax Appraisal Approved. Impact: The appraisal of Mrs. Lamont's estate led to a series of bizarre tax evasion schemes that inspired a Hollywood movie in 1987, resulting in a nationwide trend of rich people pretending to be poor. Who knew a dead woman's wealth could cause so much chaos?. Fact: This estate appraisal is actually just a fancy way of saying, 'A lot of money is about to disappear into tax loopholes.'.
  • Headline: Typhoid Outbreak Investigated in Queens. Impact: The typhoid outbreak in Queens forced the city to rethink its sanitation practices, ultimately leading to the invention of the modern-day salad spinner. Who knew a little bacteria could revolutionize kitchen gadgets?. Fact: Typhoid: the original 'salad dressing' that no one wanted. Talk about a recipe for disaster!.
  • Headline: Meany Dismisses Dorfman for Ethical Violations. Impact: The ousting of Hoffa's associate led to a series of power struggles within labor unions that would eventually inspire a cult classic about corruption and backstabbing—because nothing says 'worker rights' like a good mafia movie.. Fact: This incident proves that even waste material handlers have their own soap operas. Tune in next week for more drama!.
  • Headline: U.S. FISCAL POLICY FIRM; Not Expecting to Tighten or Ease Money, Burgess Says. Impact: Burgess's firm fiscal policy paved the way for future financial crises as politicians clung to the belief that doing nothing is somehow a plan. Spoiler alert: it wasn't.. Fact: In economics, 'firm policy' is just code for 'we're ignoring the problem until it explodes.'.
  • Headline: ILLNESS OF 55 LAID TO AUTOMAT FOOD; City Unit Attributes Cases to Salad Contaminated by Two Kitchen Workers. Impact: The food poisoning incident at Horn & Hardart led to stricter health regulations, but it also sparked a new wave of 'don't eat at automats' fear, making diners more inclined to stick to greasy diners. You're welcome, small businesses!. Fact: Who knew a chicken salad could be deadlier than a mobster’s hit? Bon appétit!.
  • Headline: HOUSE VOTE BACKS NIAGARA PROJECT; Compromise Bill for State Power Passes Key Test --Roll-Call Set Today Senate Bill Pending HOUSE VOTE BACKS NIAGARA PROJECT 'Sweet' Two-Hour Debate. Impact: The passage of the Niagara project bill not only boosted local power supplies but also led to an increase in tourist visits, making the area a hot spot for selfies with waterfalls. The butterfly flaps, and tourists flock!. Fact: This bill is why your Instagram feed is filled with people pretending to appreciate nature while they secretly just want a great background for their next selfie..
  • Headline: President Glad to Sell Holdings for a Million. Impact: Eisenhower's jest about selling holdings made headlines and led to future presidents attempting to capitalize on humor, resulting in a long line of dad jokes from the Oval Office. Thanks for lowering the bar, Ike!. Fact: Eisenhower's humor suggests that even presidents can have a price—especially when it comes to punchlines!.
  • Headline: OIL QUOTAS DEFENDED; President Says They Would Aid Small Producers. Impact: The defense of oil quotas became the foundation for a series of failed energy policies that would haunt the U.S. for decades, proving that sometimes trying to help small producers just leads to big messes.. Fact: Oil quotas: because nothing says 'I'm here to help' like a convoluted plan that confuses everyone involved..

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1957, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1957
$0.06
Value in 2025
$3,433,941

Johnson & Johnson - If you invested $1,000 in 1957, it would be worth $3,433,941 today (3433.9x return)

Rank #2
PG
Procter & Gamble
Price in 1957
$0.25
Value in 2025
$586,657

Procter & Gamble - If you invested $1,000 in 1957, it would be worth $586,657 today (586.7x return)

Rank #3
MO
Philip Morris
Price in 1957
$0.00
Value in 2025
$23,651,363

Philip Morris - If you invested $1,000 in 1957, it would be worth $23,651,363 today (23651.4x return)

🦸 Top 5 Comics
Showcase #6
Showcase #6
$500
Mystery in Space #1
Mystery in Space #1
$1,200
Adventure Comics #247
Adventure Comics #247
$600
Detective Comics #253
Detective Comics #253
$10,200
Tales of Suspense #1
Tales of Suspense #1
$20,000
🧸 Top 5 Toys
Slinky Dog
Slinky Dog
$1,800.00
Magic 8-Ball
Magic 8-Ball
$30.00
Colorforms
Colorforms
$250.00
View-Master
View-Master
$40.00
Play-Doh
Play-Doh
$150.00
⚾ Top 5 Trading Cards
1957 Topps Mickey Mantle #95
1957 Topps Mickey Mantle #95
$8,000
1957 Topps Willie Mays #10
1957 Topps Willie Mays #10
$335,500
1957 Topps Hank Aaron #20
1957 Topps Hank Aaron #20
$250,000
1957 Topps Frank Robinson Rookie #35
1957 Topps Frank Robinson Rookie #35
$150,000
1957-58 Topps Bill Russell #77
1957-58 Topps Bill Russell #77
$29,995