MAY 16, 1962

WEDNESDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1962
WOULD HAVE MADE YOU $1,398,856 IN THE 2025 DATASET
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 From 1962
1 The Longest Day
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The Longest Day
2 Lawrence of Arabia
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Lawrence of Arabia
3 The Music Man
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The Music Man
4 That Touch of Mink
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That Touch of Mink
5 Mutiny on the Bounty
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Mutiny on the Bounty
6 To Kill a Mockingbird
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To Kill a Mockingbird
7 Hatari!
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Hatari!
8 Gypsy
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Gypsy
9 Bon Voyage!
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Bon Voyage!
10 The Interns
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The Interns
Light in the Piazza
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Light in the Piazza
The Counterfeit Traitor
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The Counterfeit Traitor
The Man Who Shot Liberty Valance
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The Man Who Shot Liberty Valance
Cape Fear
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Cape Fear
The Notorious Landlady
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The Notorious Landlady
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
West Side Story
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West Side Story
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 16, 1962 Trivia
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Television On May 16, 1962
Perry Mason poster
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Perry Mason
Bonanza poster
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Bonanza
The Twilight Zone poster
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The Twilight Zone
The Flintstones poster
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The Flintstones
The Rifleman poster
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The Rifleman
Lassie poster
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Lassie
The Story of May 16, 1962

On May 16, 1962, the global economic landscape was marked by a significant decline in commodity costs, causing substantial hardships for underdeveloped countries.

Inventions & Breakthroughs of May 1962

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

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

The Sounds of

Popular recordings and roots/country selections associated with the year

HEADLINES ON May 16, 1962

Full News Archive

  • Headline: Global Commodity Prices Decline in 1961. Impact: The global dip in commodity costs led to a chain reaction of economic instability in underdeveloped countries, resulting in an influx of international aid organizations. Little did they know, this popularity contest for funding would eventually lead to endless paperwork and the rise of 'aid tourism'.. Fact: Fun fact: The ripple effect from this commodity dip spawned a new genre of social media influencers who specialize in 'charity trips' to underdeveloped countries—because nothing says 'I care' like a selfie with a local child and a poorly written caption!.
  • Headline: Legacy of E. D. Geoffrey Garth. Impact: E. D. Geoffrey Garth's medical advertising career was so groundbreaking that it inadvertently inspired a whole new generation of health influencers who now promote everything from kale smoothies to dubious miracle cures on Instagram.. Fact: Did you know that medical advertising has now evolved into a major field? It’s like being a magician—except instead of pulling rabbits out of hats, you pull out health claims with zero scientific backing!.
  • Headline: Dedication of Dulles Library at Princeton. Impact: The opening of the Dulles Library became a beacon of diplomatic history, leading to the rise of countless overzealous historians who think they can change the world with a good PowerPoint presentation. Spoiler alert: they can't.. Fact: Did you know that the only thing more boring than a library is a library dedicated to diplomatic history? It’s like watching paint dry, but with more dusty books and fewer plot twists!.
  • Headline: Nigerian Educator Here. Impact: Dr. Biobaku's tour of U.S. universities sparked a brief trend of Nigerian educators in the U.S. that led to an explosion of academic exchanges, culminating in an underground movement for Nigerian jollof rice recipes to be taught in culinary schools.. Fact: Did you know that academic tours have a side effect of turning professors into accidental food critics? Because nothing says 'I learned something' like critiquing a university's cafeteria food!.
  • Headline: SENATE VOTE ENDS RIGHTS BILL FIGHT; Literacy Measure Is Dead at Least at This Session Mansfield Opposed. Impact: The Senate's decision to kill the literacy bill reverberated through time, leading to an unfortunate trend of an increasingly illiterate populace who would later confuse 'literacy' with 'literally' on social media.. Fact: Did you know that this was just one of many literacy bills that met their untimely demise? It's like the graveyard of good ideas—so many potential readers lost, all because someone couldn't handle a few extra syllables!.
  • Headline: BUILDER FOUND GUILTY IN INCOME-TAX CASE. Impact: The conviction of a builder for tax evasion set a precedent that would lead to the rise of 'creative accounting'—a practice so widespread today that it could be considered an unofficial sport in corporate offices.. Fact: Did you know that tax evasion has become like a rite of passage for builders? It's almost like they think 'creative accounting' is a legitimate degree at business schools!.
  • Headline: Central Savings Elects Trustees. Impact: The election of trustees at Central Savings marked a turning point for the banking sector, leading to the rise of overly ambitious finance majors who think they can revolutionize banking with an app that no one asked for.. Fact: Did you know that being a trustee at a savings bank is almost as thrilling as watching grass grow? The excitement levels are so low that they should really consider adding a caffeine policy!.
  • Headline: ALUMINUM INDUSTRY OPENS LABOR TALKS. Impact: The aluminum industry's labor talks opened the floodgates for negotiations in other sectors, ultimately leading to the modern-day phenomenon of union negotiations that often feel more like a game of chess than actual work discussions.. Fact: Did you know that labor negotiations are just like family dinners? Everyone has their own agenda, there’s a lot of yelling, and someone always ends up storming out of the room!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1962, here's what the stored 2025 dataset estimates.
Rank #2
MO
Philip Morris
Price in 1962
$0.00
2025 dataset value
$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
2025 dataset value
$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