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HEADLINES ON October 11, 1973
Full News Archive
- Headline: Owens-Illinois Achieves Record Earnings. Impact: The record net income of $17.8 million led Owens-Illinois to invest in an extravagant marketing campaign for their glass products. This inadvertently sparked a nationwide obsession with glass sculptures, which became a staple in hipster homes by 2020. Who knew glass could be so... trendy?. Fact: Fun fact: If you think glass is clear, try looking through a glass sculpture at a hipster’s house. You might find their soul trapped inside!.
- Headline: Juror Disqualification in Chesimard Trial. Impact: The disqualification of a juror for racial prejudice sparked a tiny ripple effect: it led to the establishment of a secret society of racists who believed they could outsmart the system by disguising their views. Spoiler alert: they didn’t.. Fact: Did you know that this case brought national attention to jury selection? Now we know that being a juror requires a degree in not being a jerk..
- Headline: Midtown Subway Link Progresses. Impact: The subway link's construction became so famous that it inspired a hit Broadway musical called 'Concrete Dreams.' Unfortunately, it was a total flop because the songs were about concrete, and well, it turns out that’s not a crowd-pleaser.. Fact: Did you know that subway construction is often referred to as 'the slowest form of time travel'? Because it always takes longer than you think!.
- Headline: Chrysler Dispute Settled; U.A.W. Turns to Ford. Impact: The settlement led to a temporary peace that inspired a sitcom about factory workers who just wanted to get along but kept getting distracted by donuts. The show became a cultural phenomenon, proving that even labor disputes can lead to hilarious television.. Fact: Fun fact: The UAW's negotiations were so intense that they were considering adding a clause to include a donut delivery service in all future contracts!.
- Headline: Arthur Daley. Impact: Arthur Daley's commentary on the Mets' victory raised the profile of sports journalism to such heights that it inadvertently inspired a generation of armchair analysts, leading to a boom in sports talk radio. Now everyone thinks they're a sports expert—thanks, Daley!. Fact: Did you know that the Mets' win was actually the start of a trend where fans would blame their bad luck on the 'curse of the Daley'? They claim he jinxed them!.
- Headline: Aluminum Wire Gains. Impact: The increase in aluminum wire shipments sparked a national 'Wire War,' with neighbors competing over who could create the most elaborate outdoor wire art. Cities became havens for wire sculptures, and the art world was never the same.. Fact: Fun fact: If you ever visited a neighborhood art walk in the '80s, you probably saw a giant aluminum wire chicken. It was the pride of the community—until it got stolen!.
- Headline: AIDE SAYS ISRAEL EXPECTED ATTACK. Impact: Dinitz's comments about anticipating an attack led to countless conspiracy theories about how the Israeli government was secretly controlling the weather to keep its enemies at bay. Spoiler: They weren’t, but it made for great late-night television.. Fact: Did you know that this comment was so shocking it led to a brief spike in tinfoil hat sales? Apparently, people wanted to protect their thoughts from Israeli mind control!.
- Headline: THAILAND PULLOUT SUSPENDED BY U.S.. Impact: The suspension of troop withdrawal turned into a never-ending game of 'will they, won’t they?' that lasted for decades and inspired a hit rom-com: 'When Harry Met Thailand.' It’s a classic tale of military romance gone awry.. Fact: Fun fact: The Thai Premier and U.S. officials were actually considering a sitcom about their conversations, but they decided that even they couldn't make a military withdrawal funny..
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1973, it would be worth $185,625 today (185.6x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1973, it would be worth $200,926 today (200.9x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1973, it would be worth $2,433,689 today (2433.7x return)