1950

  • North Korea invades South Korea on June 25.  The United Nations send troops from 16 countries against North Korea
     
  • The first all-jet dog fight took place on November 8. A USAF F-80 piloted by Lt. J. R. Brown downed a MIG-15 over Korea.

Lockheed F-80 (was P-80 ) “Shooting Star”

Songs From 1950

  “Mona Lisa”
  “Good Night Irene”  

 

Other Facts from 1950

President: Harry Truman

 

 

Average annual income

$3,216

New car

$1,511

Loaf of bread

$0.14

Gallon of milk

$0.84

Gallon of gas

$0.18

 

 

Dow Jones Average    216