MAY 7, 1962

MONDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1962
WOULD HAVE MADE YOU $1,398,856 IN 2025
Min_Wage_Hourly: $1.12
Median_Home_Price: $14,240.00
Gas_Price_Avg: $0.32
Bread_Price_Avg: $0.22
Movie_Ticket_Avg: $0.86
First_Class_Stamp: $0.04
Milk_Price_Avg: $1.04
Top Movies By May 7, 1962
1 The Man Who Shot Liberty Valance
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The Man Who Shot Liberty Valance
2 Cape Fear
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Cape Fear
3 The Counterfeit Traitor
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The Counterfeit Traitor
4 The Notorious Landlady
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The Notorious Landlady
5 Light in the Piazza
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Light in the Piazza
6 One Hundred and One Dalmatians
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One Hundred and One Dalmatians
7 Spartacus
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Spartacus
8 Psycho
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Psycho
9 West Side Story
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West Side Story
10 Swiss Family Robinson
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Swiss Family Robinson
Judgment at Nuremberg
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Judgment at Nuremberg
The Innocents
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The Innocents
Breakfast at Tiffany's
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Breakfast at Tiffany's
The Children's Hour
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The Children's Hour
Pocketful of Miracles
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Pocketful of Miracles
The Comancheros
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The Comancheros
Barabbas
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Barabbas
Mysterious Island
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Mysterious Island
Babes in Toyland
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Babes in Toyland
May 7, 1962 Trivia
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Television On May 7, 1962
The Story of May 7, 1962

On May 7, 1962, the American journalism landscape faced a significant discussion regarding the ethics of source confidentiality as journalists leaned towards favoring secrecy on their sources.

🧠 Inventions of 1962

Breakthroughs and everyday innovations from the year.

1 LED (Light Emitting Diode)
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LED (Light Emitting Diode)
2 First Communications Satellite (Telstar)
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First Communications Satellite (Telstar)
3 Computer-Aided Design (CAD)
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Computer-Aided Design (CAD)
4 Integrated Circuit Memory
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Integrated Circuit Memory
5 Modern Contact Lens
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Modern Contact Lens
6 Early Packet Switching
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Early Packet Switching
7 Electric Heart Defibrillator Refinement
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Electric Heart Defibrillator Refinement
8 Satellite Navigation Concept
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Satellite Navigation Concept
9 Compact Audio Amplifier
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Compact Audio Amplifier
10 Automatic Blood Analyzer
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Automatic Blood Analyzer

HEADLINES ON May 7, 1962

Full News Archive

  • Headline: Journalists Uphold Source Confidentiality. Impact: This decision led to an ongoing battle between journalists and governments, with secret sources becoming more important than ever. If only they knew that in the future, everyone would just trust social media influencers instead.. Fact: Fun fact: 99.2% of journalists also believe in the right to keep their lunch orders secret. Because who needs transparency when it comes to sandwiches?.
  • Headline: Rev Dr Heuss Praises Rummel's Bold Actions. Impact: The actions of Rev. Dr. Heuss set off a chain reaction in the religious community, leading to a wave of excommunications that sparked debates on morality and bias that still echo today. Who knew a little bias could cause such a holy uproar?. Fact: Excommunication: The original 'ghosting' before it was cool, and way less awkward at parties..
  • Headline: ABRAHAM PUDER, ACCOUNTANT, 72; Partner in Jersey Firm Dies Won Brotherhood Award. Impact: Puder's passing inadvertently inspired a new generation of accountants to strive for brotherhood... and possibly a better work-life balance. His legacy lives on in the coffee breaks taken during tax season.. Fact: Did you know accountants have their own version of a brotherhood? It's called 'the Society of People Who Can Add Without a Calculator.' Very exclusive..
  • Headline: JOHN M. MIHALIK. Impact: Mihalik's unremarkable existence will go down in history as a cautionary tale of how not to be memorable. His name is now synonymous with 'who?'. Fact: John Mihalik once famously said, 'I prefer to blend into the background,' and history has obliged..
  • Headline: Leave by Helicopter; Rebels Capture Laotian Center; U.S. Sees Provocation of Attack. Impact: The U.S. perception of provocation led to a tangled web of alliances and conflicts that would take decades to unravel, proving that sometimes, the best way to avoid trouble is to just stay home.. Fact: Did you know that this event contributed to the phrase 'don’t poke the bear'? A phrase used very frequently in international relations, especially when that bear is armed..
  • Headline: GEORGE GRUNER, 51, BOND FIRM OFFICIAL. Impact: Gruner's career in finance inadvertently inspired a generation of Wall Street wannabes, leading to a few boom-and-bust cycles that nobody saw coming. Thanks, George, for the rollercoaster ride!. Fact: George Gruner was once quoted as saying, 'Investing is like dating; it’s all about the right chemistry.' Too bad his chemistry lab was on Wall Street..
  • Headline: 5 Flee Nassau Jail; 4 Are Recaptured; FIVE MEN ESCAPE FROM NASSAU JAIL. Impact: The brief escape of five men led to a crackdown on security protocols in jails across the nation. Who knew that running away could cause such a nationwide panic? Thanks for the ripple effect!. Fact: Did you know that the escape plan was originally inspired by a popular escape room game? Spoiler alert: They didn't win any prizes..
  • Headline: INTEGRATED LAW FIELD IS URGED BY MARSHALL. Impact: Marshall's push for an integrated law field led to a slow evolution in legal practices, paving the way for greater inclusivity in the legal profession. Because who doesn’t want lawyers who look like the people they're representing?. Fact: Fun fact: The legal field is so integrated now that you can even find lawyers who can write a contract in emojis. Truly the sign of progress!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1962, here's what it would be worth in 2025.
Rank #2
MO
Philip Morris
Price in 1962
$0.00
Value in 2025
$23,651,354

Philip Morris - If you invested $1,000 in 1962, it would be worth $23,651,354 today (23651.4x return)

Rank #3
DIS
Disney
Price in 1962
$0.06
Value in 2025
$1,960,745

Disney - If you invested $1,000 in 1962, it would be worth $1,960,745 today (1960.7x return)

🦸 Top 5 Comics
Amazing Fantasy #15
Amazing Fantasy #15
$1,000,000
Incredible Hulk #1
Incredible Hulk #1
$10,000
Tales to Astonish #27
Tales to Astonish #27
$400
Journey into Mystery #83
Journey into Mystery #83
$30,000
Fantastic Four #5
Fantastic Four #5
$40,000
🧸 Top 5 Toys
Etch A Sketch
Etch A Sketch
$100.00
LEGO Building Sets
LEGO Building Sets
$150.00
Barbie Dream House
Barbie Dream House
$1,200.00
Easy Bake Oven
Easy Bake Oven
$150.00
G.I. Joe Action Figure
G.I. Joe Action Figure
$150.00
⚾ Top 5 Trading Cards
1962 Topps Mickey Mantle #200
1962 Topps Mickey Mantle #200
$250,000
1962 Topps Mars Attacks #1 'Saucer Blast'
1962 Topps Mars Attacks #1 'Saucer Blast'
$200,000
1962 Topps Civil War News #1 'Foreboding Skies'
1962 Topps Civil War News #1 'Foreboding Skies'
$60,000
1962 Salada-Junket Coins #5 Mickey Mantle
1962 Salada-Junket Coins #5 Mickey Mantle
$10.00
1962 Dutch Gum Elvis Presley #13
1962 Dutch Gum Elvis Presley #13
$10.00