Today is Friday, May 4, the 125th day of 2012. There are 241 days left in the year.

1626 ― Indians sell Manhattan Island for $24 in cloth and buttons

1715 ― French manufacturer debuts first folding umbrella (Paris France)

1878 ― Phonograph shown for first time at Grand Opera House

1927 ― Academy of Motion Picture Arts & Sciences forms

1931 ― Mustafa Kemal Pasja becomes Turkish president

1932 ― Al Capone, convict of income tax evasion, enters Atlanta Penitentiary

1953 ― Pulitzer prize awarded to Ernest Hemingway (Old Man & The Sea)

1954 ― U.S. performs atmospheric nuclear test at Bikini Island

1979 ― First woman prime minister of Great Britain (Margaret Thatcher)

1990 ― Angela Bowie reveals that ex husband David slept with Mick Jagger