JULY 16, 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 July 16, 1958
1 Gigi
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Gigi
2 South Pacific
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South Pacific
3 The Vikings
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The Vikings
4 Vertigo
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Vertigo
5 The Fly
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The Fly
6 Indiscreet
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Indiscreet
7 The Long, Hot Summer
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The Long, Hot Summer
8 The Proud Rebel
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The Proud Rebel
9 The Lineup
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The Lineup
10 The Bravados
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The Bravados
Run Silent, Run Deep
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Run Silent, Run Deep
Touch of Evil
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Touch of Evil
The Left Handed Gun
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The Left Handed Gun
The Young Lions
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The Young Lions
The Snorkel
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The Snorkel
The Goddess
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The Goddess
The Space Children
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The Space Children
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
A Farewell to Arms
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A Farewell to Arms
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
July 16, 1958 Trivia
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Television On July 16, 1958
The Rifleman poster
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The Rifleman
Naked City poster
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Naked City
Lawman poster
Lawman
Bat Masterson poster
Bat Masterson
The Donna Reed Show poster
The Donna Reed Show
Sea Hunt poster
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Sea Hunt
77 Sunset Strip poster
77 Sunset Strip
Peter Gunn poster
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Peter Gunn
The Texan poster
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The Texan
The Story of July 16, 1958

On July 16, 1958, significant discussions surrounding military contracts came to light as U.

🧠 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 July 16, 1958

Full News Archive

  • Headline: Political Influence in Army Contracts Exposed. Impact: Had Harris not hinted at the political influence in military contracts, we might have avoided a series of 'who's who' scandals in politics. Instead, decades later, lobbyists would just be known as 'friends of the administration'β€”because who doesn’t want a friend who’s also a high official?. Fact: Did you know that this political maneuvering probably led to the invention of the phrase 'it's not what you know, it's who you know'? Thanks, Harris!.
  • Headline: Mme. Chiang Applauds U.S. Support. Impact: Mme. Chiang's praise for U.S. action might have been a butterfly flapping its wings, leading to decades of U.S.-China relations filled with unfulfilled promises and awkward diplomatic dinners.. Fact: Did you know that Mme. Chiang was basically the original influencer? If she had an Instagram, it would have been all 'hashtag blessed' from the U.S. support!.
  • Headline: MARINE LANDING HAILED; Sudanese Prime Minister Sees a 'Turning Point'. Impact: The Sudanese Prime Minister hailing U.S. action might have created a ripple effect that led to every world leader realizing that flattery could earn them a few more dollars in aid. Who knew compliments could be so lucrative?. Fact: Did you know that the phrase 'U.S. action' became synonymous with a diplomatic hug? Because nothing says 'I care' like sending in the Marines!.
  • Headline: U. S. Population 173 Million. Impact: The U.S. population hitting 173 million marked the beginning of the 'more people, more problems' philosophy that would echo through generations, leading to traffic jams, long lines at the DMV, and the eternal debate about whether pineapple belongs on pizza.. Fact: Fun fact: This was also the year when people realized that more people meant more opinions, which is why social media is such a dumpster fire today!.
  • Headline: South Africa to Resume Full United Nations Role. Impact: South Africa resuming its full UN role may have set off the 'let's pretend everything is fine' strategy that many countries adopted. This would later be known as the 'we'll just ignore the elephant in the room' approach.. Fact: Did you know that the UN meetings after this moment were basically just a big group therapy session? 'Hi, I’m South Africa, and I’m ready to pretend we’re all friends again.'.
  • Headline: The Marines' Landing; Review of Possible Repercussions To President's Action on Lebanon. Impact: The Marines' landing and the recognition of the new regime might have led to more 'turning points' than a badly written action movie, with leaders rising and falling like poorly constructed Jenga towers.. Fact: Did you know that every time a new regime is recognized, somewhere, a historian weeps? It's like they have to rewrite their notes all over again!.
  • Headline: ATLAS TEST CANCELED; 3-Engine Missile Launching Halted by Internal Trouble. Impact: The cancellation of the Atlas test due to internal trouble was a pivotal moment that not only delayed missile developments but also inspired an entire generation of engineers to create the 'Oops, we messed up' contingency plans that are still in use today.. Fact: Fun fact: This was the moment when engineers collectively decided that 'let’s try that again' would become their official motto..
  • Headline: CHELSEA REVISION SPARES CHURCHES; Moses Alters Plan to Tear Down 2 on Penn Station Housing Project Site. Impact: Moses altering the Chelsea project to spare churches may have had unexpected consequences, leading to a future where community groups learned that just because you can bulldoze something doesn’t mean you should.. Fact: Did you know that this is also how 'save the churches' became a popular grassroots movement? Who knew buildings could have feelings?.
  • Headline: Algerian Rebels Predict Victory With Their Hit-and-Run Tactics; A Glimpse of the Rebel Forces in the Hills of Algeria. Impact: The predictions of victory by Algerian rebels with hit-and-run tactics might have inspired future guerrilla warfare tactics, proving that sometimes the best way to win is just to be really annoying.. Fact: Did you know that hit-and-run tactics are essentially the military equivalent of 'throwing a rock and running away'? It's a classic strategy with a twist!.

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