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 February 4, 1958
Full News Archive
- Headline: Dramatic Drop in Treasury Bill Rates. Impact: The plummeting Treasury Bill rate led to an unexpected spike in avocado toast consumption among millennials, who suddenly had extra cash from their savings. Who knew saving money could lead to a culinary revolution?. Fact: Did you know that Treasury Bill rates are like your friend's mood? They can drop dramatically without any warning, leaving everyone confused about what just happened..
- Headline: Elegant Private Railroad Car of August Belmont Goes on Final Journey. Impact: August Belmont's private railroad car, upon its final journey, became a tourist attraction, leading to an increase in train-themed parties across the country. Because nothing says 'party' like a 19th-century railroad car!. Fact: Did you know that private railroad cars were once the epitome of luxury travel? Now, theyβre just fancy Airbnb listings for history buffs with deep pockets..
- Headline: CITY RELIEF NEEDS SHOW SHARP RISE; McCarthy Offers Budget of $248,904,132 for 1958-59, a $43,619,560 Increase. Impact: The sharp rise in city relief needs led to an unexpected boom in the budget consultant industry. Suddenly, everyone was a budgeting expert and started giving unsolicited advice at every coffee shop.. Fact: Did you know that municipal budgets are like diets? Everyone talks about them, but few actually stick to the plan..
- Headline: SCHOOLS JOIN CITY IN DRAFTING PLAN TO HALT VIOLENCE; Panel Named by Mayor Will Report Today -- Board Criticizes Leibowitz. Impact: The schools' plan to halt violence created a ripple effect that resulted in the invention of 'peaceful protest karaoke', where students sang their grievances instead of shouting them. Now every protest sounds like a musical.. Fact: Did you know that violence in schools is often addressed with the same seriousness as a math test? Just a lot of panic and not enough solutions..
- Headline: Choir Sings for President. Impact: The choir singing for the President led to a nationwide trend of political karaoke nights. Because nothing says patriotism like belting out show tunes while discussing economic policy.. Fact: Did you know that choirs were once the original 'flash mobs'? Just a bunch of people showing up to sing when you least expect it..
- Headline: REALTY UNIT INQUIRY QUESTIONS CITY AIDE. Impact: The inquiry into the realty unit led to a nationwide realization that even government officials might need to take a finance class. Now, every city aide is just trying to figure out how to keep their investments from going belly up.. Fact: Did you know that questioning city aides is like asking a toddler where they hid the cookies? Youβre bound to get a mix of confusion and denial..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1958, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1958, it would be worth $586,656 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1958, it would be worth $23,651,359 today (23651.4x return)