MAY 7, 1958

WEDNESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1958
WOULD HAVE MADE YOU $3,098,881 IN 2025
Min_Wage_Hourly: $0.95
Median_Home_Price: $11,000.00
Gas_Price_Avg: $0.30
Bread_Price_Avg: $0.20
Movie_Ticket_Avg: $0.64
First_Class_Stamp: $0.04
Milk_Price_Avg: $0.96
Top Movies By May 7, 1958
1 South Pacific
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South Pacific
2 Run Silent, Run Deep
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Run Silent, Run Deep
3 The Young Lions
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The Young Lions
4 Touch of Evil
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Touch of Evil
5 The Left Handed Gun
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The Left Handed Gun
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 A Farewell to Arms
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A Farewell to Arms
10 Gunfight at the O.K. Corral
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Gunfight at the O.K. Corral
Paths of Glory
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Paths of Glory
Witness for the Prosecution
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Witness for the Prosecution
Peyton Place
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Peyton Place
Old Yeller
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Old Yeller
The Enemy Below
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The Enemy Below
The Three Faces of Eve
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The Three Faces of Eve
Sayonara
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Sayonara
Raintree County
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Raintree County
The Tarnished Angels
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The Tarnished Angels
May 7, 1958 Trivia
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The Story of May 7, 1958

On May 7, 1958, Peiping (now Beijing) escalated tensions on the Korean Peninsula by demanding that the United Nations withdraw all troops stationed in Korea.

🧠 Inventions of 1958

Breakthroughs and everyday innovations from the year.

1 Integrated Circuit Patent
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Integrated Circuit Patent
2 Remote Control Television
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Remote Control Television
3 Weather Satellite Program
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Weather Satellite Program
4 Artificial Neural Network
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Artificial Neural Network
5 Portable Transistor Radio
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Portable Transistor Radio
6 Digital Music Synthesizer
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Digital Music Synthesizer
7 Jet Fuel Refinement
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Jet Fuel Refinement
8 Electronic Ignition System
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Electronic Ignition System
9 Space Suit
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Space Suit
10 Medical Endoscope
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Medical Endoscope

HEADLINES ON May 7, 1958

Full News Archive

  • Headline: Peiping's Ultimatum on UN Troops in Korea. Impact: If Peiping had just let the UN hang out in Korea, perhaps we'd have seen a reality show about international diplomacy instead of a Cold War. Imagine the drama! 'Keeping Up with the Kim Jong-uns' would have been a hit.. Fact: Did you know that this demand was basically a way for China to say, 'We want our neighborhood back, thank you very much!'? It’s like asking the noisy neighbor to stop throwing partiesβ€”good luck with that!.
  • Headline: Federal Agency Quickly Allocates Housing Funds. Impact: The rapid spending on housing led to a property boom that created the illusion of prosperity. Little did they know, it would set the stage for future financial crisesβ€”thanks a lot, 2008!. Fact: Fun fact: $100 million in just four weeks is what most people would call 'a Tuesday' in the world of modern economicsβ€”especially now when we think of our coffee budgets..
  • Headline: Campanella Begins Groundbreaking Tests. Impact: The tests could lead to a groundbreaking discovery or a new way to procrastinate. Who knows? Maybe they discovered the secret to avoiding work for the next decade.. Fact: Did you know that starting tests often means someone forgot to do their homework? Just kidding; let’s hope they’re not testing how to make more bureaucracy!.
  • Headline: GAIN FOR U. S. SEEN IN ATOM-TEST END; Adviser to President Urges Accord With Soviet Union -- Strauss Disputes Him. Impact: This discussion on nuclear testing could have led to a peaceful resolution, but instead, we got decades of arms races. Thanks for that, guys! The world loves a good game of 'who has the bigger bomb.'. Fact: Did you know that the only seismic activity happening was after these discussions? Just picture politicians shaking the ground with their heated debates!.
  • Headline: PILOT HELPS U. N. PUT NAME IN SKY; Airline Flier's Emblem Idea, Supported by His $5,500, Follows Chat With Crew. Impact: If this pilot hadn't taken the initiative, we might never have seen the UN's emblem flying highβ€”who knows? Maybe it would have become an obscure trivia question instead.. Fact: Did you know that $5,500 in 1950s money could buy you a small car? Instead, it was spent on an emblem. Priorities, right?.
  • Headline: KENNEDY IS EXCUSED IN TICKET QUOTA SUIT. Impact: This legal wrangling could have led to a new era of accountability in police practices, but instead, it just showed us that bureaucracy loves to shuffle paperwork like it's a dance.. Fact: Did you know that getting excused from court can be just as hard as getting out of a family dinner? Both require a lot of dodging and weaving!.
  • Headline: BUY CAMPAIGN OPENS; Advertising Council in Drive to Counter Recession. Impact: This campaign to counter recession might have saved the economy, but instead, it just ended up in history books as 'that one time we tried really hard.'. Fact: Did you know that advertising against recession is like trying to sell ice to Eskimos? It’s a hard sell when everyone’s already feeling the pinch!.
  • Headline: I. G. Y. DATA SHOW HIGH ATMOSPHERE; British Scientist Suggests Blanket Extends 40,000 to 200,000 Miles Out. Impact: If this data had been taken seriously, we might have explored the cosmos a bit sooner. Instead, we were too busy arguing about whether the Earth was flat.. Fact: Did you know that the 'high atmosphere' is basically where all our dreams of space travel reside? Too bad we were still stuck on Earth arguing about who gets to play in the sandbox..
  • Headline: Zoo-Bound Panda in Red China Is Barred by U. S. as Trade Risk; Zoo-Bound Panda in Red China Is Barred by U.S. as Trade Risk. Impact: By blocking the panda trade, the U.S. may have inadvertently caused a global panda shortage, leading to a rise in black market stuffed animals. Who knew cuddly could be so controversial?. Fact: Did you know that pandas are basically nature's way of saying, 'Look how cute I am, now please help me not go extinct!'? Talk about mixed messages!.
  • Headline: SOVIET TO CONTINUE MUSIC COMPETITION. Impact: Continuing the music competition could have fostered international goodwill through the universal language of music. But alas, instead we got Cold War symphonies. You know, the kind that make you want to jump out a window.. Fact: Did you know that music competitions are just fancy ways for countries to brag about their best and brightest? It's like the Olympics, but with less running and more drama!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1958, here's what it would be worth in 2025.
Rank #1
JNJ
Johnson & Johnson
Price in 1958
$0.06
Value in 2025
$3,433,942

Johnson & Johnson - If you invested $1,000 in 1958, it would be worth $3,433,942 today (3433.9x return)

Rank #2
PG
Procter & Gamble
Price in 1958
$0.25
Value in 2025
$586,656

Procter & Gamble - If you invested $1,000 in 1958, it would be worth $586,656 today (586.7x return)

Rank #3
MO
Philip Morris
Price in 1958
$0.00
Value in 2025
$23,651,359

Philip Morris - If you invested $1,000 in 1958, it would be worth $23,651,359 today (23651.4x return)

🦸 Top 5 Comics
Adventure Comics #247
Adventure Comics #247
$1,500
Superman's Pal Jimmy Olsen #31
Superman's Pal Jimmy Olsen #31
$1,200
Strange Worlds #1
Strange Worlds #1
$3,120
Action Comics #242
Action Comics #242
$250
Challengers of the Unknown #1
Challengers of the Unknown #1
$1,200
🧸 Top 5 Toys
Hula Hoop
Hula Hoop
$50.00
LEGO Brick (Automatic Binding Bricks)
LEGO Brick (Automatic Binding Bricks)
$1,200.00
Gumby and Pokey Bendable Figures
Gumby and Pokey Bendable Figures
$150.00
Colorforms Set
Colorforms Set
$150.00
View-Master Model C
View-Master Model C
$300.00
⚾ Top 5 Trading Cards
1958 Topps #150 Mickey Mantle
1958 Topps #150 Mickey Mantle
$10,000
1958 Topps #47 Roger Maris Rookie Card
1958 Topps #47 Roger Maris Rookie Card
$250,000
1958 Topps #5 Willie Mays
1958 Topps #5 Willie Mays
$250,000
1958 Alifabolaget Pele Rookie Card
1958 Alifabolaget Pele Rookie Card
$295,200.00
1958 Topps #88 Jim Brown Rookie Card
1958 Topps #88 Jim Brown Rookie Card
$1,000,000