January 7, 1950 (Saturday)
- A fire at the women's psychiatric ward at Mercy Hospital in Davenport, Iowa, killed 40 patients. All had been trapped inside the locked building. Another 25 were able to escape their locked rooms with the assistance of fire and police, who pulled the iron bars off of their windows.
- Born: Erin Gray, American TV actress, in Honolulu; Shantha Sinha, Indian activist against child labor, in Nellore; and Juan Gabriel, Mexican singer, as Alberto Aguilera Valdez in Parácuaro
- Died: Monty Banks (Mario Bianchi), 52, Italian comedian; and Nathaniel Reed, 87, American outlaw nicknamed "Texas Jack"