News & Economy
President: Dwight D. Eisenhower
Vice President: Richard M. Nixon
Population: 165,931,202
Life expectancy: 69.6 years
Cost of a new home: $22,000.00
Cost of a new car: $1,950.00
Median Household Income: $4,137.00
Cost of a first-class stamp: $0.03
Cost of a gallon of gas: $0.23
 Cost of a dozen eggs: $0.78
Cost of a gallon of milk: $0.92
News Headlines
Dr. Martin Luther King, Jr. leads the first major event of the U.S. civil rights movement, a bus boycott in Montgomery, Alabama
President Eisenhower suffers heart attack, is hospitalized for three weeks
World War II Allies sign treaty restoring Austria's independence
Interstate Commerce Commission orders all U.S. interstate trains and buses to end segregation practices
The AFL and CIO labor unions merge
UHF television developed
Artificial diamonds created for the first time
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Music
Billboard Top 20
1. Cherry Pink And Apple Blossom White, Perez Prado
2. Rock Around The Clock, Bill Haley & His Comets
3. The Ballad Of Davy Crockett, Bill Hayes
4. Autumn Leaves, Roger Williams
5. Unchained Melody, Les Baxter
6. The Yellow Rose Of Texas, Mitch Miller
7. Love Is A Many Splendored Thing, Four Aces
8. Melody Of Love, Billy Vaughn
9. Ain't That A Shame, Pat Boone
10. Dance With Me Henry, Georgia Gibbs
11. Sixteen Tons, Tennessee Ernie Ford
12. Sincerely, McGuire Sisters
13. Crazy Otto Medley I & 11, Crazy Otto
14. Learnin' The Blues, Frank Sinatra 15. Hearts Of Stone, Fontaine Sisters 16. Tweedle Dee, Georgia Gibbs
17. Moments To Remember, Four Lads
18. A Blossom Fell, Nat King Cole
19. Let Me Go Lover, Joan Weber
20. Mr. Sandman, Chordettes
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Movies
Top 5 Movie Money Makers
1. To Hell and Back
2. Galapagos
3. To Catch a Thief
4. Land of the Pharaohs
5. Pather Panchali
Academy Awards
Best Actor: Ernest Borgnine, Marty
Best Actress: Anna Magnani, The Rose Tattoo
Best Director: Delbert Mann, Marty
Best Picture: Marty
Best Supporting Actor: Jack Lemmon, Mister Roberts
Best Supporting Actress: Jo Van Fleet, East Of Eden
Television
Americas Top 10 TV Favorites
1. The $64,000 Question (CBS)
2. I Love Lucy (CBS)
3. The Ed Sullivan Show (CBS)
4. Disneyland (ABC)
5. The Jack Benny Show (CBS)
6. December Bride (CBS)
7. You Bet Your Life (NBC)
8. Dragnet (NBC)
9. The Millionaire (CBS)
10. I've Got A Secret (CBS)
Emmy Awards
Best Drama - Producers' Showcase (NBC)
Best Actor - Phil Silvers, Phil Silvers Show, You'll Never Get Rich
Best Actress - Lucille Ball, I Love Lucy
Best Comedy - Phil Silvers Show, You'll Never Get Rich (CBS)
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Time Capsule: 1955
Rudolph Flesch publishes Why Johnny Can't Read, a stinging criticism of U.S. education