Do you remember this happening in 1958?

 

  Economics:

       Median Household Income (current dollars): $4,600.00

       Price of a new home:
       2008: $290,600
       1958: $12,750.00 

     Cost of a gallon of gas:

     2008: $3.99 (as of Aug. 7)
     1958: 25 cents        

       Price of a gallon of milk:

       2008: $4.31 gallon
       1958: $1.01 gallon  

       Cost of a postage stamp:

       2008: 42 cents

       1958:.04 cents

 

Major Events of 1958

United States launches Explorer I (first US satellite).

USA creates National Aeronautics and Space Administration (NASA)

Brazil wins soccer World Cup.

US nuclear submarine, Nautilus, travels to North Pole.

Bobby Fischer, aged 14, wins the United States Chess Championship.

A revolution in Iraq overthrows the monarchy.

Central African Republic, Guinea becomes independent from France.

 

 

Popular Songs of 1958

1."At the Hop" ... Danny and the Juniors
2."Don't I Beg of You" ... Elvis Presley
3."Tequila" ... The Champs
4."Twilight Time" ... The Platters
5."Witch Doctor" ... David Seville
6."All I Have to Do is Dream" ... Everly Brothers
7."The Purple People Eater" ... Sheb Wooley
8."Hard Headed Woman" ... Elvis Presley
9."Poor Little Fool" ... Ricky Nelson
10."Volare" ... Domenico Modugno

Top Movies

1. The Bridge on the River Kwai
2. Peyton Place
3. Sayonara
4. No Time for Sergeants
5. The Vikings
6. Search for Paradise
7. South Pacific
8. Cat on a Hot Tin Roof
9. Raintree Country
10. Old Yeller

Academy Awards

Best Picture: "Gigi"
Best Director: Vincente Minnelli ... "Gigi"
Best Actor: David Niven ... "Separate Tables"
Best Actress: Susan Hayward ... "I Want to Live!"

Grammy Awards

Record of the Year: "Nel Blu Dipinto Di Blu (Volare)" ... Domenico Modugno
Song of the Year: "Nel Blu Dipinto Di Blu (Volare)" ... Domenico Modugno
Album of the Year: "The Music from Peter Gunn" ... Henry Mancini
Male Vocalist: Perry Como ... "Catch a Falling Star"
Female Vocalist: Ella Fitzgerald ... "Ella Fitzgerald Sings the Irving Berlin Songbook"

January 28- Little Richard begins attending classes at Oakwood College in in "Huntsville, Alabama"

January 29 - Bo Diddley records "Say Man", a #3 R&B hit when it is released in the Fall of 1959.

February 14 - The Iranian government bans rock & roll because they claim that the form of music is against the concepts of Islam and also a health hazard. Iranian doctors warned of the risk of injuries to the hips from the "extreme gyrations" of rock & roll dances.

March 12 - Billie Holiday is given a year's probation by a Philadelphia court following her arrest and guilty plea on narcotics possession charges in 1956.

March 24 - Elvis Presley enters the U.S. Army.

April 14 - Gladys Presley, Elvis´ mother dies.

August 4 - Billboard magazine debuts its "Hot 100" singles chart, with Ricky Nelson's "Poor Little Fool" as the No. 1 record.

Marvin Gaye begins recording with his first group.

Otis Williams & the Distants begin their musical career. They will later join with The Primes and become The Temptations.

Phil Spector begins his recording career.

RCA introduces its first stereo LPs.

Monument Records in Hendersonville, Tennessee.

Van Cliburn wins the Tchaikovsky International Piano Competition.