Time Capsule: 1954

News & Economy

President: Dwight D. Eisenhower
Vice President: Richard M. Nixon

Population: 163,025,854
Life expectancy: 69.6 years

Cost of a new home: $22,000.00
Cost of a new car: $1,950.00
Median Household Income: $3,960.00
Cost of a first-class stamp: $0.03
Cost of a gallon of gas: $0.21
Cost of a dozen eggs: $0.76
Cost of a gallon of milk: $0.92


News Headlines

Supreme Court rules that race-based segregation in schools is unconstitutional

Sen. Joseph McCarthy conducts nationally televised inquiries into communist infiltration of the Army; his activities inspire a backlash and a condemnation by the Senate

Soviet Union rejects proposals to reunify Germany

U.S. Southeast Asian and Pacific nations form the Southeast Asian Treaty Organization (SEATO)

Radical Puerto Rican nationalists attack House of Representatives, shooting five congressmen

U.S. and Canada begin construction of an early-warning radar system in northern Canada

New York Stock Exchange prices reach their highest level since 1929

Increasing global concern about nuclear fallout and radioactive waste disposal

Music

Billboard Top 20
1. Hey There, Rosemary Clooney
2. Wanted, Perry Como
3. Little Things Mean A Lot, Kitty Kallen
4. Sh-Boom, Crew Cuts
5. Make Love To Me, Jo Stafford
6. Oh! My Pa-pa, Eddie Fisher
7. I Get So Lonely, Four Knights
8. Three Coins In The Fountain, Four Aces
9. Secret Love, Doris Day
10. That's Amore, Dean Martin
11. Young At Heart, Frank Sinatra
12. This Ole House, Rosemary Clooney
13. I Need You Now, Eddie Fisher
14. Cross Over The Bridge, Patti Page
15. The Little Shoemaker, Gaylords
16. Hernando's Hideaway, Archie Bleyer
17. The Happy Wanderer, Frank Weir
18. Answer Me My Love, Nat King Cole
19. If I Give My Heart To You, Doris Day
20. Stranger In Paradise, Tony Bennett

Movies

Top 5 Movie Money Makers
1. 20,000 Leagues under the Sea
2. The Caine Mutiny
3. The Glenn Miller Story, starring James Stewart and June Allyson
4. Rear Window
5. White Christmas

Academy Awards

Best Actor: Marlon Brando, On The Waterfront
Best Actress: Grace Kelly, The Country Girl
Best Director: Elia Kazan, On The Waterfront
Best Picture: On The Waterfront
Best Supporting Actor: Edmond O'Brien, The Barefoot Contessa
Best Supporting Actress: Eva Marie Saint, On The Waterfront

Television

Americas Top 10 TV Favorites
1. I Love Lucy (CBS)
2. The Jackie Gleason Show ((CBS)
3. Dragnet (NBC)
4. You Bet Your Life (NBC)
5. The Toast of the Town (CBS)
6. Disneyland (ABC)
7. The Jack Benny Show (CBS)
8. The George Gobel Show (NBC)
9. Ford Theatre (NBC)
10. December Bride (CBS)

Emmy Awards

Best Drama - U.S. Steel Hour (ABC)
Best Actor -  Danny Thomas, Make Room for Daddy
Best Actress - Loretta Young, Loretta Young Show
Best Comedy - Make Room for Daddy (ABC)

Sports

Football
Pro Championship:
Cleveland 56, Detroit 10

College Football Champion:
Ohio St. (AP, INS) (10-0-0) & UCLA (UP, FW) (9-0-0)
Heisman Trophy:
Alan Ameche, Wisconsin, fullback

Basketball
NBA Championship:
Minneapolis Lakers d. Syracuse (4-3)

NCAA National Champions:
La Salle d. Bradley (92-76)

Baseball
World Series Champs:
NY Giants d. Cleveland (4-0)

Odds 'N Ends

Dr. Jonas Salk begins inoculating schoolchildren with his polio vaccine

First successful kidney transplant

Sports Illustrated debuts

29 million U.S. households have television sets, double the number in service three years before

Billy Graham leads an increasing interest in Christian revival meetings

Davy Crockett becomes a national fad; sales of "coonskin" caps soar

Sales of comic books reach 20 million copies a month

The phrase "under God" added to the Pledge of Allegiance.

M&M's Peanut Chocolate Candies were introduced. Also, the universally loved M&M's Brand Characters and the famous slogan, "The milk chocolate melts in your mouth, not in your hand," slogan debuted.

J. R. R. Tolkien's Lord of the Rings is published.

Trix, 46.6 percent sugar, is introducd by General Mills.

Bazooka Joe comics were first introduced.