|◄ September ►|
|◄ 1959 ►|
|President:||Dwight D. Eisenhower (R)|
|Vice-President:||Richard M. Nixon (R)|
|House:||282 (D)||153 (R)||1 (Other)||1 (Vacant)|
|Southern states:||100 (D)||6 (R)|
|Senate:||65 (D)||35 (R)|
|Southern states:||22 (D)|
|GDP growth:||4.5 %||(Annual)|
|Fed discount rate:||3½ %|
Sep 1: Liquor is legally sold in Oklahoma for the first time since becoming a state in 1907.
Sep 10: The Federal Reserve raises its discount rate that it charges banks for loans to cover their reserve requirements. The rate is increased from 3½% to 4%, setting it at the highest level since 1932 during the Great Depression. The Federal Reserve Board says the economy’s continued improvement coupled with high demand for business loans justifies the rate increase.
Sep 12: Bonanza, the first weekly television series broadcast completely in color, premieres on NBC.
Sep 15: Soviet Premier Nikita Khrushchev and his wife begin an eleven-day tour the United States at the invitation of President Dwight Eisenhower.
Sep 18: Memphis State University admits its first African-American students. The “Memphis State Eight” begin classes without incident, but are prohibited from entering restricted “white” areas of the campus.
Sep 19: Khrushchev’s stop in Los Angeles turns contentious when he is offended by a speech made during a banquet, and then is enraged when he is told that he will not be able to visit Disneyland due to security concerns.
Sep 25: The British horror film The Mummy is released in the U.K. It will be released in the U.S. on October 23.