- On August 21 the speed record of 1015 mph for US combat aircraft was set by the Chance Vought F8U-1 Crusader.
- The Collier Trophy was awarded to Charles J. McCarthy and associates of Chance Vought Aircraft, Inc. and Vice Adm. James S. Russell and associates of the U.S. Navy Bureau of Aeronautics, for conception, design, and development of the F8U Crusader.
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Comander R. W. “Duke” Windsor (rt) and the Thompson Trophy in 1956. Presented by Fred Crawford (left) of Thompson Products.
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Songs From 1956
“Blue Suede Shoes”
“Whatever Will Be, Will Be”
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Other Facts from 1956
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President: Dwight Eisenhower
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Average annual income
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$4,454
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New car
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$2,050
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Loaf of bread
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$0.18
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Gallon of milk
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$0.97
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Gallon of gas
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$0.22
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Dow Jones Average 462 to 521
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