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 May 4, 1958
Full News Archive
- Headline: Canadian Advertising Firm Expands to NY. Impact: When Lovick decided to venture into New York, it set off a chain reaction of Canadian businesses thinking they could conquer the Big Apple. Fast forward a few decades and we have poutine food trucks on every corner, and every New Yorker knows what a toque is. Thanks, Lovick!. Fact: The $2,000 billings? That was just the tip of the iceberg. Most advertising agencies now charge that for a single coffee meeting..
- Headline: Dock Workers Return to Their Jobs. Impact: The end of the picketing may have led to the swift shipment of goods, which ultimately resulted in the rise of the 'just-in-time' delivery model. Who knew a bunch of dock workers could influence the entire logistics industry?. Fact: Picketing: the original form of 'don't quit your day job'... unless it's picketing, then definitely quit..
- Headline: British Comedian Joins Tabori's 'Brouhaha'. Impact: By signing a British comedian, the Rialto inadvertently launched the trend of British humor invading American TV. The result? Countless awkward moments when Americans tried to understand British sarcasm.. Fact: The term 'brouhaha' was actually invented to describe the chaos that ensues when two comedians try to out-funny each otherβlike a stand-up duel..
- Headline: Chichgo 'Copters Serve Gary. Impact: The introduction of helicopter services between Chicago and Gary paved the way for countless 'helicopter parents' who would eventually helicopter their kids to school, sparking a nationwide trend of overprotective parenting.. Fact: The helicopters were originally meant for cargo, but parents quickly commandeered them to transport their childrenβbecause why walk when you can fly?.
- Headline: California Champagne Zooms; 'World's Largest Cellar' Slated; CALIFORNIA GETS CHAMPAGNE LIFT. Impact: The boom in California champagne sales not only revolutionized the beverage industry but also created a stereotype of Californians as bubbly, wine-sipping socialites. Cheers to stereotypes!. Fact: The 'world's largest champagne cellar' ended up being a glorified storage unitβperfect for storing all those dreams of becoming a sommelier..
- Headline: Lundy's Lament; THE 21" SCREEN. By Edwin Fadiman Jr. 313 pp. New York: Doubleday & Co. $3.95.. Impact: The rise of the 21-inch screen led to the eventual development of home theaters, meaning families would one day argue over what to watch while sitting in total darkness together. Progress!. Fact: In 1950s terms, a 21-inch screen was like a personal IMAXβnow we canβt even fit that in our pockets!.
- Headline: Article 1 -- No Title. Impact: Khrushchev's agreement with Nasser to consolidate aid set off a domino effect that led to numerous alliances in the Middle East, resulting in the complex geopolitical landscape we have today. Thanks, guys!. Fact: Moscow talks: where the coffee is strong, but the alliances are stronger..
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)