AUGUST 29, 1958

FRIDAY
$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 August 29, 1958
1 South Pacific
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South Pacific
2 Gigi
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Gigi
3 The Vikings
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The Vikings
4 Cat on a Hot Tin Roof
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Cat on a Hot Tin Roof
5 The Defiant Ones
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The Defiant Ones
6 Vertigo
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Vertigo
7 The Fly
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The Fly
8 Indiscreet
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Indiscreet
9 The Reluctant Debutante
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The Reluctant Debutante
10 The Long, Hot Summer
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The Long, Hot Summer
Run Silent, Run Deep
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Run Silent, Run Deep
The Lineup
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The Lineup
The Bravados
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The Bravados
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 Proud Rebel
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The Proud Rebel
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
August 29, 1958 Trivia
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Television On August 29, 1958
The Rifleman poster
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The Rifleman
Naked City poster
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Naked City
Lawman poster
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Lawman
Bat Masterson poster
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Bat Masterson
The Donna Reed Show poster
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The Donna Reed Show
Sea Hunt poster
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Sea Hunt
77 Sunset Strip poster
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77 Sunset Strip
Peter Gunn poster
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Peter Gunn
The Texan poster
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The Texan
Concentration poster
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Concentration
The Story of August 29, 1958

On August 29, 1958, significant discussions surrounding labor relations were initiated as the Catholic Social Action Unit called for an early halt to a labor inquiry.

🧠 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 August 29, 1958

Full News Archive

  • Headline: Catholic Leaders Seek Labor Inquiry Pause. Impact: The meeting of business and unions led to a series of negotiations that ultimately inspired countless sitcoms about dysfunctional office dynamics, proving that even labor disputes can lead to comedic gold in the future. Who knew labor negotiations could inspire 'The Office' decades later?. Fact: In the spirit of collaboration, this inquiry probably inspired the world's first 'awkward office potluck' where everyone brought a dish no one wanted to eat..
  • Headline: Record Orders for 1959 Cadillacs in NYC. Impact: The Cadillac backlog created a dire need for more efficient manufacturing processes, which eventually led to the invention of robotsβ€”who, ironically, now get paid more than the average human factory worker.. Fact: In 1959, buying a Cadillac was like having an Instagram account today: everyone wanted to show it off, and it was all about the flashy exterior..
  • Headline: Missing 'I's' on Postal Cards Discovered. Impact: The missing 'I's on postal cards sparked a revolution in quality control, leading to the eventual rise of spellcheck. Thanks to this crisis, we now live in a world where 'definitely' is rarely misspelled!. Fact: The postal service later introduced a new slogan: 'We may be slow, but at least we’re consistentβ€”just don’t expect our cards to be perfect!'.
  • Headline: Legion to Honor Reporter. Impact: Honoring reporters led to a greater appreciation for journalism, which ultimately resulted in a long line of investigative reporters being chased by angry politicians and celebrities. Thanks, J C Lucas, for making the world a more entertaining place.. Fact: This award probably inspired reporters everywhere to wear fedoras and trench coats, hoping to look as cool as they felt while chasing down a story..
  • Headline: C.I.T. Will Spend $14,500,000 To Acquire Insurance Concern. Impact: The massive acquisition of the insurance concern paved the way for the creation of the term 'too big to fail,' which later became a popular excuse for banks to throw lavish parties while the rest of us figured out how to budget our grocery shopping.. Fact: CIT Financial Corp probably thought they were just getting insurance; little did they know they were also acquiring a lifetime supply of paperwork and headaches..
  • Headline: About New York; Mad Mogi Will Undertake Most Any Art Job and Accept the Craziest Payment. Impact: Mad Mogi's willingness to accept crazy payments opened the door for future artists to barter with anything from homemade cookies to questionable life advice, proving that art truly knows no boundsβ€”or dignity.. Fact: Mogi's methods were so unconventional that they inspired the phrase 'starving artist,' which we now know is just code for 'I’d rather be broke than sell out.'.
  • Headline: 3,000 Algerians Seized In Paris Police Dragnet; PARIS ROUNDS UP 3,000 ALGERIANS. Impact: The Paris police's dragnet led to increased tensions that transformed the political landscape in France, ultimately inspiring countless action movies where the hero always manages to escape just in timeβ€”because apparently, that's how real life works.. Fact: This event probably made Paris the go-to destination for people looking to avoid the 'wrong side of history' at all costs. Who knew a police dragnet could be so popular?.
  • Headline: HARRINGTON RESIGNS AS REVENUE CHIEF. Impact: Harrington's resignation made headlines, setting a precedent for political figures everywhere to realize that sometimes, it's just easier to pack up and leave rather than face the musicβ€”especially if the music is a congressional hearing.. Fact: Harrington's departure was so dramatic that it inspired the phrase 'taking the high road,' which is ironically what most politicians avoid like the plague..
  • Headline: Carter, Okla., Confident. Impact: Carter's confidence in school integration laid the groundwork for future civil rights movements, proving that sometimes, a little optimism can go a long way towards making historyβ€”unless you're a school district administrator, then it's just a headache.. Fact: This moment was probably a major turning point for the phrase 'we're all in this together,' which has since been used to sell everything from insurance to motivational posters..
  • Headline: U.S. WARNS PEIPING AFTER RED THREAT TO INVADE QUEMOY; State Department Asserts Attack on Islands Could Result in a War AREA IS SHELLED AGAIN Communists in Broadcasts Bid Foes Surrender or Face 'Imminent Landing' U.S. WARNS PEIPING ANEW ON QUEMOY. Impact: The U.S. warning to Peiping over Quemoy escalated tensions in the region, leading to a decades-long game of geopolitical chess where no one really knew the rules, but everyone pretended to be experts.. Fact: The term 'war of nerves' really just means 'let's see who can hold their breath the longest without actually fighting,' which is basically how international relations has worked since the dawn of time..

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