It is one of the longest running quiz shows in television history. It's Academic launched in Washington, DC, in 1961, and has expanded---and contracted---over the course of 55 years. When the series aired in New York, Art James served as host.
Here is an episode from 1963. Note that unlike an upstate contemporary, WRGB's Answers Please, or even the GE College Bowl, three teams compete instead of two, with three players on each team.
Ignore the graphic on the video. This show didn't exist in the 50's.