Cost of Living
Yearly Inflation Rate USA― 2.73%
USS Nautilus Reaches North Pole ― The USS Nautilus, the first nuclear submarine, successfully crossed under the North Pole during August in the first undersea journey to the geographic North Pole. The submarine was captained by Commander William R. Anderson and carried 4 civilian scientists and 111 officers and crew. The submarine began its journey at Point Barrow, Alaska and traveled under the Arctic ice cap at a depth of about 500 feet for over 1,000 miles. After making it to the North Pole, the Nautilus kept traveling until it reached the Atlantic Ocean, stopping near Iceland.
Brussels World's Fair ― Expo 58 takes place in Brussels, Belgium
More News and Key Events
Golf
Masters Tournament – Arnold Palmer
U.S. Open – Tommy Bolt
British Open – Peter Thomson
Popular Culture 1958
Popular Films
Popular Singers
Popular TV Programs
Born This Year
Technology
Inventions
Yearly Inflation Rate USA― 2.73%
Average Cost of new house ― $12,750
Average Monthly Rent ― $92
Average Yearly Wages ― $4.600
Cost of a gallon of Gas ― 25 cents
1958 bought Americans recession with a vengeance and large increases in unemployment over 7.0% ( 5.2 million ) , inflation dipped below 2% in 1958 so those in work earning the average wages of $3,851 per year were quite well off , cars continued to get bigger and heavier with larger engines, but imports continued to grow now with the added Datsun and more Toyotas from Japan. Americas first satellite was launched from Cape Canaveral. This is also the year that the Microchip first developed which is the very early stages of PC's we all now use at work and at home. This was also the year of the Munich air disaster on 6th February in which 7 Manchester United Players died.
The U.S. launches the Explorer 1 satellite ― Explorer 1 was first the satellite to be launched by the United States. The Soviet Union had already launched the world's first satellite with Sputnik 1 in October of the previous year. The Explorer 1 was launched on a Jupiter C rocket and was used to measure the radiation in Earth's orbit. The satellite successfully orbited Earth over 58,000 times before it re-entered the atmosphere in 1970. The success of the Explorer 1 satellite was an important milestone in the earliest years of the space race between the United States and Soviet Union.
Egypt and Syria ― The United Arab Republic (UAR) was created during February when Egypt and Syria became politically unified. The UAR was the first step in an attempt to create a Pan-Arab state in the Middle East. Egyptian President Gamal Abdel Nasser and Syrian President Shukri al-Quwatli worked together to create the merger, with Nasser becoming the leader of the UAR after his Syrian counterpart stepped down. Both countries held referendums that month, allowing citizens in Syria and Egypt to vote on the matter. There were overwhelming majorities in both nations voting in favor of the creation of the United Arab Republic. The United Arab Republic was dissolved in September of 1961 when Syria declared itself independent after a military coup.
Sputnik 3 Launched ― The Soviet Union successfully launches the Sputnik 3 satellite on May 15th. The satellite carried twelve experiments into space and its mission was to study the composition of the atmosphere and cosmic rays while orbiting the Earth. At the time, Sputnik 3 was the largest satellite ever launched and it weighed nearly 3000 pounds. The cone-shaped satellite remained operational for 692 days before it re-entered Earth’s atmosphere in April of 1960, disintegrating upon re-entry.
Average Monthly Rent ― $92
Average Yearly Wages ― $4.600
Cost of a gallon of Gas ― 25 cents
1958 bought Americans recession with a vengeance and large increases in unemployment over 7.0% ( 5.2 million ) , inflation dipped below 2% in 1958 so those in work earning the average wages of $3,851 per year were quite well off , cars continued to get bigger and heavier with larger engines, but imports continued to grow now with the added Datsun and more Toyotas from Japan. Americas first satellite was launched from Cape Canaveral. This is also the year that the Microchip first developed which is the very early stages of PC's we all now use at work and at home. This was also the year of the Munich air disaster on 6th February in which 7 Manchester United Players died.
The U.S. launches the Explorer 1 satellite ― Explorer 1 was first the satellite to be launched by the United States. The Soviet Union had already launched the world's first satellite with Sputnik 1 in October of the previous year. The Explorer 1 was launched on a Jupiter C rocket and was used to measure the radiation in Earth's orbit. The satellite successfully orbited Earth over 58,000 times before it re-entered the atmosphere in 1970. The success of the Explorer 1 satellite was an important milestone in the earliest years of the space race between the United States and Soviet Union.
Egypt and Syria ― The United Arab Republic (UAR) was created during February when Egypt and Syria became politically unified. The UAR was the first step in an attempt to create a Pan-Arab state in the Middle East. Egyptian President Gamal Abdel Nasser and Syrian President Shukri al-Quwatli worked together to create the merger, with Nasser becoming the leader of the UAR after his Syrian counterpart stepped down. Both countries held referendums that month, allowing citizens in Syria and Egypt to vote on the matter. There were overwhelming majorities in both nations voting in favor of the creation of the United Arab Republic. The United Arab Republic was dissolved in September of 1961 when Syria declared itself independent after a military coup.
Sputnik 3 Launched ― The Soviet Union successfully launches the Sputnik 3 satellite on May 15th. The satellite carried twelve experiments into space and its mission was to study the composition of the atmosphere and cosmic rays while orbiting the Earth. At the time, Sputnik 3 was the largest satellite ever launched and it weighed nearly 3000 pounds. The cone-shaped satellite remained operational for 692 days before it re-entered Earth’s atmosphere in April of 1960, disintegrating upon re-entry.
USS Nautilus Reaches North Pole ― The USS Nautilus, the first nuclear submarine, successfully crossed under the North Pole during August in the first undersea journey to the geographic North Pole. The submarine was captained by Commander William R. Anderson and carried 4 civilian scientists and 111 officers and crew. The submarine began its journey at Point Barrow, Alaska and traveled under the Arctic ice cap at a depth of about 500 feet for over 1,000 miles. After making it to the North Pole, the Nautilus kept traveling until it reached the Atlantic Ocean, stopping near Iceland.
Brussels World's Fair ― Expo 58 takes place in Brussels, Belgium
1. The Brussels World's Fair, also known as Expo 58, begins during April in Belgium.
2. This was the first major World's Fair to be organized after the end of World War II with the previous World's Fairs taking place in New York during 1939 and 1940.
3. The site chosen for Expo 58 spanned about 490 acres and was the same site of the 1935 Brussels International Expo.
4. It featured several pavilions that showcased science, arts, architecture, engineering, and various countries along with their cultures and accomplishments.
5. The main attraction of the fair was the unusually shaped "Atomium" building.
6. The Brussels World's Fair saw over 41 million visitors before it concluded during October.
The Munich Air Disaster ― The Munich Air Disaster occurred on February 6, when a British European Airways flight crashed at the Munich Airport. The flight was carrying 44 people when it crashed soon after take-off. Many of those on board were sports journalists and members of the Manchester United football team who were on their way home after having qualified for the semifinals in the European Cup. A total of 23 people died as a result of the crash, 8 of them were members of the Manchester United team. The pilot of the flight survived and was later charged with negligence as it was originally believe that a build-up of ice on the planes wings had caused the crash. While there was some ice found on the wings it was determined that a build-up of slush on the runway was the major contributing factor in the crash as it stopped the plane from gaining enough speed for a proper take-off. The crash was a tragedy, especially for sports fans, as the loss of several very young and talented players was devastating. It took Manchester United nearly 10 years to rebuild the team and in 1968 they went on to win the European Cup.
The Hope Diamond
1. Jeweler Harry Winston donates the Hope Diamond to the Smithsonian Institution in November .
2. The legendary 45.52-carat, blue-hued diamond's history can be traced back to the mid-1600's when it was likely purchased from a mine in India and then sold to King Louis XIV of France.
3. It remained in the hands of French rulers until the late 1700s when it was stolen.
4. It eventually ended up with the family of Henry Philip Hope until the early 1910s.
5. Pierre Cartier then acquired it, re-set it and sold it to U.S. heiress Evalyn Walsh McLean.
6. McLean kept it until her death in 1947, after which Harry Winston purchased it.
7. Winston showed the diamond at exhibits and events until he donated it to the Smithsonian where it has remained ever since.
The Microchip ― The integrated circuit, an essential piece of technology used in modern electronics, was created during September by Jack Kilby. Kilby, a newly-hired engineer at Texas Instruments, came up with the idea to miniaturize all of the parts of an entire transistor circuit and connect them all together, creating a smaller and easy to produce unit called an integrated circuit. While Kilby was not the only person credited with the idea of an integrated circuit, he was the first to create a working model and file a patent for the technology. The creation of the integrated circuit led to much of the technology our modern computers and electronics are based on today.
2. This was the first major World's Fair to be organized after the end of World War II with the previous World's Fairs taking place in New York during 1939 and 1940.
3. The site chosen for Expo 58 spanned about 490 acres and was the same site of the 1935 Brussels International Expo.
4. It featured several pavilions that showcased science, arts, architecture, engineering, and various countries along with their cultures and accomplishments.
5. The main attraction of the fair was the unusually shaped "Atomium" building.
6. The Brussels World's Fair saw over 41 million visitors before it concluded during October.
The Munich Air Disaster ― The Munich Air Disaster occurred on February 6, when a British European Airways flight crashed at the Munich Airport. The flight was carrying 44 people when it crashed soon after take-off. Many of those on board were sports journalists and members of the Manchester United football team who were on their way home after having qualified for the semifinals in the European Cup. A total of 23 people died as a result of the crash, 8 of them were members of the Manchester United team. The pilot of the flight survived and was later charged with negligence as it was originally believe that a build-up of ice on the planes wings had caused the crash. While there was some ice found on the wings it was determined that a build-up of slush on the runway was the major contributing factor in the crash as it stopped the plane from gaining enough speed for a proper take-off. The crash was a tragedy, especially for sports fans, as the loss of several very young and talented players was devastating. It took Manchester United nearly 10 years to rebuild the team and in 1968 they went on to win the European Cup.
The Hope Diamond
1. Jeweler Harry Winston donates the Hope Diamond to the Smithsonian Institution in November .
2. The legendary 45.52-carat, blue-hued diamond's history can be traced back to the mid-1600's when it was likely purchased from a mine in India and then sold to King Louis XIV of France.
3. It remained in the hands of French rulers until the late 1700s when it was stolen.
4. It eventually ended up with the family of Henry Philip Hope until the early 1910s.
5. Pierre Cartier then acquired it, re-set it and sold it to U.S. heiress Evalyn Walsh McLean.
6. McLean kept it until her death in 1947, after which Harry Winston purchased it.
7. Winston showed the diamond at exhibits and events until he donated it to the Smithsonian where it has remained ever since.
The Microchip ― The integrated circuit, an essential piece of technology used in modern electronics, was created during September by Jack Kilby. Kilby, a newly-hired engineer at Texas Instruments, came up with the idea to miniaturize all of the parts of an entire transistor circuit and connect them all together, creating a smaller and easy to produce unit called an integrated circuit. While Kilby was not the only person credited with the idea of an integrated circuit, he was the first to create a working model and file a patent for the technology. The creation of the integrated circuit led to much of the technology our modern computers and electronics are based on today.
More News and Key Events
- NASA National Aeronautics and Space Administration is formed.
- 14 year old Bobby Fischer wins the United States Chess Championship.
- Toyota and Datsun Cars go on sale in the US.
- Nikita Khrushchev becomes Premier of the Soviet Union.
- Nelson Rockefeller Elected Governor of New York.
- US Unemployment reaches 5.2 million.
- US passenger jet flights start with a National Airlines Boeing 707.
- President Eisenhower signs the Rivers and Harbors Flood Control Bill into law.
- The first Trans Atlantic passenger jetliner service begins with flights between London and New York on the new British Comet Jet.
- Iraq becomes a Republic on July 14th after Military Coup.
- Packard Cars end production as the company closes August 19th.
- Edsel Automobiles begin selling the Citation and Corsair, Pacer and Ranger cars (closes down end of 1959).
- Sir Edmund Hillary reaches the South Pole.
- The Microchip co-invented by Jack Kilby of Texas Instruments and Robert Noyce of Fairchild Semiconductors later developed and marketed in US by Intel.
- The Great Chinese Famine begins in 1958 and ending in 1961 causing the death of nearly 30 million through a combination of natural disasters and poor planning.
- Elvis Presley is inducted into the Army.
- General Charles de Gaulle becomes Prime Minister of France.
- Brazil wins the World Cup in Sweden.
Sports
NFL
Baltimore Colts
MLB
New York Yankees
NBA
St. Louis Hawks
NHL
Montreal Canadiens
NCAA Football
LSU
NCAA Basketball
Kentucky
NCAA Hockey
University of DenverMasters Tournament – Arnold Palmer
U.S. Open – Tommy Bolt
British Open – Peter Thomson
Popular Culture 1958
- The Wham-O company introduces the Hula Hoop; over 100 million are sold. Check Out Our History of Toys Section
- The Broadway musical "My Fair Lady" opens in London, with Rex Harrison as Professor Higgins, and Julie Andrews playing Eliza Doolittle
Popular Films
- The Bridge on the River Kwai
- South Pacific
- Gigi
- King Creole
- Vertigo
Popular Singers
- Elvis Presley
- Billie Holiday
- Ricky Nelson
- Frank Sinatra
- The Everly Brothers
- Ella Fitzgerald
- Jerry Lee Lewis
Popular TV Programs
- Candid Camera
- The Ed Sullivan Show
- Come Dancing
- The Jack Benny Show
- Panorama
- Alfred Hitchcock Presents
Born This Year
- Andrea Bocelli ― September 22nd
- Tanya Tucker ― October 10th
- Simon Le Bon ― October 27th
- Jamie Lee Curtis ― November 22nd
Technology
- The Microchip co-invented by Jack Kilby of Texas Instruments and Robert Noyce of Fairchild Semiconductors later developed and marketed in US by Intel.
- London Gatwick Airport opens on June 9th after two years of extensive reconstruction.
- US Nuclear Submarine "Nautilus" passes under Ice Cap at North Pole.
- The US Military says it will be possible with satellites orbiting the earth to make detailed maps from space
Inventions
- Microchip USA by Jack Kilby
- Computer Modem USA
- Remote Control USA Zennith Corporation
From thepeoplehistory and Google
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