This Day in History November 3
307th day of 2010 - 58 remaining
Wednesday, November 3, 2010
HOW NOW DOW JONES DAY
The Dow Jones industrial average surged 43.41 points on this day in 1982, marking the greatest single day gain in the history of the New York Stock Exchange. (By today’s standards, fluctuations of several hundred points are not uncommon.)
Most of us are pretty happy to see any of the Dow Jones averages rise without ever giving any thought to how this financial gamble got started.
In 1897, Dow Jones & Company, a financial publishing firm, began to publish an average of the common stock prices of twelve industrial companies. It was simply a daily total of the prices of these stocks divided by 12. Over the years, this system of averaging has become a little more complicated - taking into account the distortion of averages caused by stock splitting, etc.
Computation was expanded to hourly averaging and to include 30 industrial firms. Then four different kinds of averages were included: the industrial; transportation averages (20 transportation companies); utility averages (15 utilities); and an overall average of all of the above.
That’s how it all got started.
Events November 3
1892 - The first successful automatic telephone system was introduced in Laporte, IN. Almond Strowger, the inventor, came up with the idea because the non-automatic system made it possible for his customers calls to be intercepted by his competitor. Strowger ran a funeral parlor.
1900 - The first National Automobile Show opened in Madison Square Garden in New York City. A total of 31 car makers put their autoware on display.
1903 - Panama declared its independence from Colombia on this day. The revolution had been encouraged by U.S. President Theodore Roosevelt, who had negotiated for a treaty to build a canal, only to see it held up in the Colombian Senate. The U.S. recognized Panama’s independence and sent a warship to prevent the Colombian military from quelling the revolt.
1914 - New York socialite Mary Phelps Jacob patented the backless brassiere. She developed the device from two handkerchiefs, a strand of ribbon, and a length of cord.
1930 - The Bank of Italy became the Bank of America.
1930 - The Detroit-Windsor tunnel opened to traffic. It is “the only vehicular international sub aqueous border crossing in the world.” It is also the second busiest crossing between the United States and Canada.
1934 - The first race track in California opened under a new parimutuel betting law. Bay Meadows, located in San Mateo, Closed in 2008, with its last official race occurring on August 17 of that year.
1941 - The classic Jerry Gray arrangement of A String of Pearls was recorded by the Glenn Miller Orchestra - on Bluebird 78s. The recording featured the trumpet of Bobby Hackett.
1946 - Emperor Hirohito proclaimed a new Japanese constitution.
1953 - Nanette Fabray (Shelley’s aunt) starred in the first color TV program to be sent coast to coast. The telecast, from the Colonial Theatre in New York City, was broadcast using WNBT, New York, via Bell Telephone Company lines, to a 14-inch receiver located in Burbank, California.
1953 - The Rules Committee of organized baseball restored the sacrifice fly (credited to a batter who flies out to drive in a run). The rule had not been used since 1939.
1956 - The classic MGM film, The Wizard of Oz, was first seen on television. The film cost CBS $250,000 to show. The movie was shown 18 times between 1956 and 1976, and you can probably catch it again no matter what year it is.
1957 - Sam Phillips, owner of legendary Sun Records in Memphis, TN, released Great Balls of Fire, by Jerry Lee Lewis. Looking carefully at the original label, one will find credit to Lewis and “his pumping piano.”
1960 - The Unsinkable Molly Brown, opened on Broadway. The play would become an American theater standard and a smashing career launch for Shirley MacLaine.
1962 - Billboard magazine dropped the “Western” from its chart title. The list has been known as Hot Country Singles/Songs ever since.
1964 - For the first time, residents of the District of Columbia were permitted to vote in a presidential election. The ratification of the 23rd Amendment to the U.S. Constitution (in 1961) gave Washington, D.C. citizens the right to vote for President and Vice President of the United States (not for members of Congress, however). Before that (since 1936), D.C. residents had voted only for party officials and delegates to the Democratic and Republican national conventions.
1964 - And in those elections, President Lyndon B. Johnson defeated Republican challenger Barry Goldwater to win a White House term in his own right (Johnson had become president after the assignation of John F. Kennedy).
1964 - Still more election news: Robert F. Kennedy was elected U.S. Senator from New York.
1969 - U.S. President Richard Nixon elaborated his Nixon Doctrine in a televised speech. He stated that the U.S. would expect its Asian allies to take care of their own military defense. This was the start of the ‘Vietnamization’ of the Vietnam War. The Doctrine proposed a pursuit of peace through partnerships with American allies.
1972 - Singers Carly Simon and James Taylor were married in Carly’s Manhattan apartment. The couple was said to be the highest-paid couple in the world -- next to Elizabeth Taylor and Richard Burton. Carly and ‘Sweet Baby’ James would divorce in 1983.
1975 - Actor David Hartman became coanchor of ABC’s Good Morning America. Hartman’s co-host was actress Nancy Dussault.
1979 - The Eagles had the number-one album in the U.S. The Long Run started a nine-week run at the top these tracks to remember: The Long Run, I Can’t Tell You Why, In the City, The Disco Strangler, King Of Hollywood, Heartache Tonight, Those Shoes, Teenage Jail, The Greeks Don't Want No Freaks and The Sad Cafe.
1983 - Jesse Jackson announced his candidacy for president of the U.S.
1984 - Some 4,000 Sikhs were massacred in India in three days (Oct 31-Nov 3) in the aftermath of the assassination of Indira Gandhi.
1986 - “The Fight for Fort Knox” was announced this day. ‘Marvelous’ Marvin Hagler and ‘Sugar’ Ray Leonard agreed to duke it out in April, 1987. The two were guaranteed at least $23 million. (Leonard won in a 12-round split decision.)
1989 - East German Secretary General Egon Krenz delivered a nationally broadcast speech in which he promised sweeping economic and political reforms, and called on East Germans to stay in the country. His speech came just 6 days before the fall of the Berlin Wall.
1990 - Vanilla Ice was number one in the U.S. with the single Ice Ice Baby, from the album To the Extreme. “Ice Ice Baby Vanilla, Ice Ice Baby Vanilla...”
1992 - Arkansas Governor Bill Clinton (and running-mate Al Gore) easily defeated President George Bush and VP Dan Quayle to win the U.S. presidential election.
1995 - Super-typhoon Angela roared through the Philippines, killing 936 people.
1996 - George Foreman won a 12-round unanimous decision over Crawford Grimsley in Tokyo. The aging (actually the oldest heavyweight champ) collected a purse of about $5 million.
1998 - A big victory by former pro wrestler Jesse ‘The Body’ Ventura in the Minnesota governor’s race marked a rare victory for third-party candidates. “We shocked the world,” Ventura told supporters at a victory celebration. Ventura, running on a Minnesota Reform Party ticket, defeated Democrat Hubert Humphrey III and Republican Norm Coleman. “Serving the people, not the parties,” read a slogan on Ventura’s campaign Internet site.
2000 - Movies making their first U.S. runs this day: Charlie’s Angels, with Camerin Diaz, Drew Barrymore, Lucy Liu (the angels), Bill Murray and Sam Rockwell ; and The Legend of Bagger Vance, starring Will Smith, Matt Damon, Charlize Theron, J. Michael Moncrief and Bruce Mcgill.
2000 - Viacom entertainment company agreed to buy BET Holdings, the largest media and entertainment company geared to an African-American audience, for $3 billion in stock.
2001 - Arkansas beat Mississippi 58-56 in seven overtimes. It was the longest NCAA college football game in history, lasting four hours and 14 minutes.
2002 - Actor Jonathan Harris died in Encino, California. He was 87 years old. Harris is probably best known for his role as Dr. Zachary Smith in the 1960s TV series Lost in Space.
2002 - Glasgow-born musician Lonnie Donegan died at 71 years of age. Donegan, known as the ‘skiffle king’, is remembered for his two biggest hits: "Does Your Chewing Gum Lose its Flavor on the Bed Post Overnight" and "Rock Island Line".
2003 - A court settlement gave Linda Tripp $595,000 from the U.S. Defense Dept. to settle her claim that officials had leaked personal information. Tripp’s secret tapes of conversations with Lewinsky fueled the sex scandal that almost brought down former President Bill Clinton.
2003 - Russia’s richest man, Mikhail Khodorkovsky, already jailed on fraud and tax evasion charges, resigned as head of the Russian oil giant Yukos.
2004 - U.S. President George Bush (II) declared victory over Democratic Senator John Kerry and claimed a second term in the White House.
2004 - Republicans tightened their grip on the U.S. Senate adding four seats to hold 55. Democratic Leader Tom Daschle of South Dakota lost to Republican John Thune.
2005 - The Measles Initiative announced that since 1999, more than 200 million children in Africa had been vaccinated against measles. The campaign was estimated to have reduced the infection rate by 60%, saving a million lives.
2006 - Films debuting in U.S. theatres: Borat: Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan, with Sacha Baron Cohen and Daniel Castro; Flushed Away aka Ratroprolis, featuring the voices of Hugh Jackman, Kate Winslet, Ian McKellen, Andy Serkis, Bill Nighy, Shane Richie, Geoffrey Palmer, Simon Callow and Jean Reno; and The Santa Clause 3: The Escape Clause, starring Tim Allen, Elizabeth Mitchell, Judge Reinhold, Wendy Crewson, Ann-Margret, Eric Lloyd, Spencer Breslin, Liliana Mumy, Alan Arkin and Martin Short.
2006 - An international group of ecologists warned that the world’s fish and seafood could disappear by 2048 as overfishing and pollution destroy ocean ecosystems at an accelerating pace.
2007 - Spacewalkers Scott Parazynski and Doug Wheelock repaired a torn solar energy panel on the international space station. The difficult and dangerous emergency procedure allowed the crew to extend the panel to its full length.
2007 - Eighteen big rigs were involved in a massive pileup just south of Fresno, CA. Patches of dense fog had obscured visibility with more than 100 cars and trucks crashing, killing at least two people and injuring many more.
2008 - Chen Yunlin, the most senior Chinese official to visit Taiwan since the end of civil war in 1949, arrived in Taipei on a charter flight from Beijing -- on a mission to begin strengthening economic ties.
2009 - Warren Buffett’s Berkshire Hathaway Inc. bought Burlington Northern Santa Fe Corp. [BNSF Railway]. Total value of the deal, including Burlington debt, was $44 billion.
2009 - U.S. Secretary of State Hillary Clinton announced a package of measures designed to help businesses and non-governmental groups around the Muslim world. Clinton made the announcement at the sixth Forum for the Future conference in Marrakech, Morocco.
Birthdays November 3
1718 - John Montague
4th Earl of Sandwich; inventor: the sandwich; England’s 1st Lord of the Admiralty, Secretary of State of the Northern Dept., Postmaster General; Sandwich Islands [Hawaii] named after him; died Apr 30, 1792
1793 - Stephen Austin
principal founder of Texas; capital city, Austin, named after him; Texas Secretary of State; died Dec 27, 1836
1794 - William Cullen Bryant
poet: Thanatopsis, To a Waterfowl, A Forest Hymn, The Prairies; editor: NY Evening Post; died June 12, 1878
1908 - Bronko (Bronislaw) Nagurski
Pro Football Hall of Famer: charter member: Chicago Bears: rushed for over 4,000 yards; world champion wrestler ; College Football Hall of Famer: University of Minnesota; died Jan 7, 1990
1909 - James Reston
journalist, columnist: The New York Times; died Dec 6, 1995
1910 - Richard Hurndall
actor: Doctor Who: The Five Doctors, Love in a Cold Climate, Philby, Burgess and Maclean, Franklyn and Johnnie, Gawain and the Green Knight; died Apr 13, 1984
1918 - Bob (Robert William) Feller
‘Rapid Robert’: Baseball Hall of Fame pitcher: Cleveland Indians [all-star: 1938-1941, 1946-1948, 1950/World Series: 1948]; won 266 games in 18 seasons: 3 no-hitters, 12 1-hitters
1921 - Charles Bronson (Buchinsky)
actor: Death Wish series, The Magnificent Seven, The Dirty Dozen, The Valachi Papers, Sandpiper, Raid on Entebbe, Miss Sadie Thompson, Battle of the Bulge, House of Wax, You’re in the Army Now; husband of actress Jill Ireland; died Aug 30, 2003
1928 - (Dixie) Wanda Hendrix
actress: My Outlaw Brother, The Admiral Was a Lady, Welcome Stranger; died Feb 1, 1981
1930 - Peggy McCay
actress: A Death of Innocence, Eleanor and Franklin, Bustin' Loose, Amityville: The Evil Escapes; TV panelist: Who’s the Boss?
1931 - Monica Vitti (Maria Louisa Ceciarelli)
actress: Immortal Bachelor, Tigers in Lipstick, An Almost Perfect Affair, Blonde in Black Leather, The Red Desert
1933 - John Barry
Academy Award-winning composer: soundtracks: Born Free , The Lion in Winter , Out of Africa , Dances with Wolves ; The Cotton Club, The Day of the Locust, Eleanor & Franklin, Indecent Proposal, Midnight Cowboy, Peggy Sue Got Married, The Rocky Horror Picture Show, Shampoo, Somewhere in Time, James Bond movies, The Persuaders theme
1933 - Ken Berry
actor: Mayberry RFD, F Troop, Mama’s Family, The Ken Berry “Wow” Show, The Bob Newhart Show, The Ann Sothern Show, The Cat from Outer Space, Mountain Man, Herbie Rides Again; singer, dancer
1933 - Michael Dukakis
politician: Governor of Massachusetts; U.S. Presidential nominee 
1936 - Roy Emerson
International Tennis Hall of Famer: career: 12 Grand Slam singles titles, 16 Grand Slam men’s doubles titles
1941 - Brian Poole
singer: group: Brian Poole and the Tremoloes: Twist and Shout, Do You Love Me, Candy Man, Someone Someone; The Tremoloes: Silence Is Golden, Here Comes My Baby
1948 - Lulu (Marie Lawrie)
singer: To Sir with Love, Boom Bang-A-Bang, Oh Me Oh My [I’m a Fool for You Baby], I Could Never Miss You
1949 - Mike Evans (Jonas)
actor: The Jeffersons, All in the Family, The Practice, The House on Skull Mountain, The Voyage of the Yes, Rich Man, Poor Man-Book 1; died Dec 14, 2006
1949 - Larry Holmes
boxer: heavyweight: WBC Champ [1978-1985]
1952 - Roseanne (Roseanne Cherrie Barr)
Emmy Award-winning actress: Roseanne [1992-93]; Funny, She-Devil; coproducer: The Jackie Thomas Show; author: My Life as a Woman, My Lives
1953 - Kate Capshaw
actress: How to Make an American Quilt, My Heroes Have Always Been Cowboys, Private Affairs, Indiana Jones and the Temple of Doom, Best Defense, A Little Sex, Duke of Groove, Black Tie Affair
1953 - Dennis Miller
Emmy Award-winning writer: Dennis Miller Live [1993-1994, 1995-1996]; producer-writer: HBO: Dennis Miller: Citizen Arcane [1995-1996]; actor: The Dennis Miller Show, Saturday Night Live, The Net, Disclosure, Madhouse; sports commentator: ABC: NFL Monday Night Football
1954 - Adam Ant (Stuart Goddard)
singer: Goody Two Shoes, Prince Charming, Stand and Deliver, Apollo Nine
1954 - Phil Simms
football: New York Giants quarterback: Super Bowl XXI
1957 - Dolph Lundgren
actor: Johnny Mnemonic, The Shooter, Universal Soldier, Red Scorpion, A View to a Kill, Rocky 4
1961 - Lee Montgomery
actor: Girls Just Want to Have Fun, Pete and Tillie, Ben
1963 - Fred Fairbrass
lead vocalist: group: Right Said Fred: I’m Too Sexy, Wonderman, Don’t Talk Just Kiss, Deeply Dippy, Those Simple Things, Daydream, Stick It Out
1967 - Mike O’Neill
hockey [goalie]: Winnipeg Jets, Anaheim Mighty Ducks
1968 - Debbie Rochon
actress: Nothing Sacred, November Son, Hoodoo for Voodoo, All Wrapped Up, Vampyre Tales, The Bonesetter Returns, Nowhere Man
1970 - Doug Zmolek
hockey: San Jose Sharks, Dallas Stars, LA Kings, Chicago Blackhawks
1971 - Matt Lawton
baseball: Minnesota Twins, New York Mets, Cleveland Indians, Pittsburgh Pirates
1972 - Armando Benitez
baseball [pitcher]: Baltimore Orioles, New York Mets, Seattle Mariners, New York Yankees, Florida Marlins, San Francisco Giants
1974 - Tariq Abdul-Wahad
basketball [forward, guard]: Univ of Michigan, San Jose State Univ; NBA: Sacramento Kings, Orlando Magic, Denver Nuggets, Dallas Mavericks
1975 - Darren Sharper
football [safety]: Green Bay Packers, Minnesota Vikings
1977 - Damien Woody
football: Boston College; NFL: Detroit Lions
1982 - John Shuster
curling: Olympic bronze medalist 
1986 - Jasmine Trias
singer: third place finalist on TV’s American Idol: The Search for a Superstar; LP: Jasmine Trias..
Chart Toppers November 3
1944I’ll Walk Alone - Dinah Shore
Dance with the Dolly - The Russ Morgan Orchestra (vocal: Al Jennings)
The Trolley Song - Judy Garland
Smoke on the Water - Red Foley
1953You, You, You - The Ames Brothers
No Other Love - Perry Como
Oh - Pee Wee Hunt
I Forgot More Than You’ll Ever Know - The Davis Sisters
1962He’s a Rebel - The Crystals
Only Love Can Break a Heart - Gene Pitney
Do You Love Me - The Contours
Mama Sang a Song - Bill Anderson
1971Maggie May/Reason to Believe - Rod Stewart
Gypsys, Tramps & Thieves - Cher
Theme from Shaft - Isaac Hayes
How Can I Unlove You - Lynn Anderson
1980Woman in Love - Barbra Streisand
He’s So Shy - Pointer Sisters
Lady - Kenny Rogers
Them from The Dukes of Hazzard (Good Ol’ Boys) - Waylon Jennings
1989Miss You Much - Janet Jackson
Sowing the Seeds of Love - Tears For Fears
Listen to Your Heart - Roxette
High Cotton - Alabama
1998One Week - Barenaked Ladies
Thank U - Alanis Morissette
My Favorite Mistake - Sheryl Crow
Honey, I’m Home - Shania Twain
2007Rockstar - Nickelback
Stronger - Kanye West
Bubbly - Colbie Caillat
Don’t Blink - Kenny Chesney
Happy Birthday Brian Poole of The Tremoloes