Events in Time Anniversaries: January 2021

25 years ago: January 1996

S&P 500: 636.02 (vs. 3694.62 in 01/2021)

10-year U.S. Government Bond Yield: 5.60% (vs. 0.92% in 01/2021)

Gold: $405.55 (vs. $1831.15 in 01/2021)

Oil: $17.755 (vs. $40.84 in 01/2021)

GBP/USD: 1.5125 (vs. 1.3317 in 01/2021)

US GDP: $7,683 billion (vs. $21,157 billion in 09/2020)

US Population: 269 million (vs. 333 million in 2021)

01/02/1996: AT&T plans to eliminate 40,000 jobs over three years and take a $4 billion charge in one of the largest staff restructurings in U.S. corporate history.

01/03/1996: The Motorola StarTAC, the first flip phone and one of the first mobile phones to gain widespread consumer adoption, goes on sale.

01/08/1996: An Antonov An-32 cargo aircraft crashes into a crowded market in Kinshasa, Zaire, killing up to 237 on the ground; the aircraft's crew of 6 survive the crash.

01/09/1996: Chechen separatists launch a raid against the helicopter airfield and later a civilian hospital in the city of Kizlyarin the neighboring Dagestan, which turns into a massive hostage crisis involving thousands of civilians.

01/16/1996: Andreas Papandreou, hospitalized with advanced heart disease and kidney failure since November 1995, retires from office.

01/24/1996:  Wells Fargo wins the battle to acquire First Interstate, besting First Bank in a $11.6 billion pact that ranks as the largest U.S. bank merger.

01/27/1996: In a military coup Colonel Ibrahim Bar Manassara deposes the first democratically elected president of Niger, Mahamane Ousmane.

01/29/1996: President Jacques Chirac announces a "definitive end" to French nuclear weapons testing.

01/31/1996: An explosives-filled truck rams into the gates of the Central Bank of Sri Lanka in Colombo, Sri Lanka killing at least 86 and injuring 1,400.

 

50 years ago: January 1971

S&P 500: 95.88 (vs. 3694.62 in 01/2021)

10-year U.S. Government Bond Yield: 6.09% (vs. 0.92% in 01/2021)

Gold: $38.05 (vs. $1831.15 in 01/2021)

Oil: $3.41 (vs. $40.84 in 01/2021)

GBP/USD: 2.4174 (vs. 1.3317 in 01/2021)

US GDP: $1,086 billion (vs. $21,157 billion in 09/2020)

US Population: 211 million (vs. 333 million in 2021)

01/02/1971: The second Ibrox disaster kills 66 fans at a Rangers-Celtic association football (soccer) match.

01/04/1971: First Penn Banking & Trust Co. cut prime rate. Other banks accepted prime rate cut. Federal Reserve lowered discount rate. Big Board governors approved increase in Exchange's Special Trust Fund to $75 million from $55 million.

01/12/1971: All in the Family The famous situation comedy premieres on CBS. The Harrisburg Seven: Reverend Philip Berrigan and five others are indicted on charges of conspiring to kidnap Henry Kissinger and of plotting to blow up the heating tunnels of federal buildings in Washington, D.C.

01/15/1971: Evidence that Government would shore up economy, plus prime rate cut, pushed Dow Averages to new highs.

01/25/1971: Idi Amin leads a coup deposing Milton Obote and becomes Uganda's president. Charles Manson and three female "Family" members are found guilty of the 1969Tate-LaBianca murders.

01/29/1971: NYSE weekly volume topped 100 million shares for first time.

01/31/1971: Apollo 14 Astronauts Alan Shepard, Stuart Roosa, and Edgar Mitchell, aboard a Saturn V, lift off for a mission to the Fra Mauro Highlands on the Moon.

 

100 years ago: January 1921

S&P 500: 7.094 (vs. 3694.62 in 01/2021)

10-year U.S. Government Bond Yield: 5.23% (vs. 0.92% in 01/2021)

Gold: $20.67 (vs. $1831.15 in 01/2021)

Oil: $5.775 (vs. $40.84 in 01/2021)

GBP/USD: 3.8325 (vs. 1.3317 in 01/2021)

US GDP: $84 billion (vs. $21,157 billion in 09/2020)

US Population: 108.5 million (vs. 333 million in 2021)

01/03/1921: British-American Continental Bank suspends payment. Conference on export credit schemes between President of Board of Trade and representative bankers. Treasury announces that Lord Chalmers will shortly leave for U.S.A. to discuss debt problems.

01/09/1921: Greco-Turkish War: The First Battle of Inn, the first battle of the war, begins near Eskiehirin Anatolia.

01/12/1921: Acting to restore confidence in baseball after the Black Sox Scandal, Judge Kenesaw Mountain Landis is elected as Major League Baseball's first commissioner.

01/20/1921: The first Constitution of Turkey is adopted, making fundamental changes in the source and exercise of sovereignty by consecrating the principle of national sovereignty.

01/22/1921: Supreme Council meets in Paris. Text of Draft Trade Agreement with Russia issued. New Zealand bank overdraft rate raised from 6 to 6 1/2 percent.

01/28/1921: Bautista Saavedra became President of Bolivia

01/31/1921: Chancellor of the Exchequer announces at Birmingham proposed abolition of Excess Profits Duty. Reichstag discusses Allied Note on Reparations.

 

200 years ago: January 1821

S&P 500/GFD US-100: 1.6797 (vs. 3694.62 in 01/2021)

10-year U.S. Government Bond Yield: 4.286% (vs. 0.92% in 01/2021)

Gold: $19.39 (vs. $1831.15 in 01/2021)

GBP/USD: 4.6062 (vs. 1.3317 in 01/2021)

US GDP: $727 million (vs. $21,157 billion in 09/2020)

US Population: 9.939 million (vs. 333 million in 2021)

01/08/1821: Congress of Leyback. Austrian army occupied Naples.

01/26/1821: The national assembly opens on 26 January and on 9 March adopts a liberal parliamentary constitution (ratified 1822), inspired by the recent liberal advances in Spain, notably the 1812 Constitution of Cadiz. Metropolitan Portugal demands the return of Joao VI to Lisbon. Joao VI advises his son, Pedro, to declare the independence of Brazil and become its emperor, to ensure its continued rule by the Bragana dynasty.

01/28/1821: Alexander Island is first discovered by Fabian Gottlieb von Bellingshausen.

 

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