Dow Is Off 1.16, but Gains For Stocks Top Declines
The stock market was unable to keep its four‐session rally alive yesterday as prices lost early gains to finish mixed in more active trading.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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The stock market was unable to keep its four‐session rally alive yesterday as prices lost early gains to finish mixed in more active trading.
Calif Fed grand jury indicts 6 on charges of manipulating records of more than 100 people in largest US consumer credit data bank operated by TRW Data Systems; high quality credit ratings were sold to high‐risk borrowers by ring that arranged access to computer through woman employed by co as clerk; negative information on subjects could be deleted, or favorable history inserted; Asst US Atty Joel Levine, who presented case to grand jury, says case demonstrates that no high degree of sophistication is needed to gain access to computers; defendants listed; K Bennett identified as co‐conspirator, but not named in indictment; further indictments to be handed down against those who paid for good credit ratings; TRW plans no major changes in security; feels satisfied with employee screening system (M)
NYSE chmn William M Batten says exch is asking listed cos to consider making formation of audit com a requirement of membership on exch, news conf; notes more than 800 of 1,550 listed cos already are in compliance; dirs vote to eliminate minimum age of 21 for membership, requiring only that applicant be of legally responsible age in state where he does business (M)
lrs released by Dutch Information Min reveal that Prince Bernhard asked W Ger Chancellor Helmut Schmidt, former defense min, to purchase Northrop planes in '71; contents of lrs detailed; recent Govt rept scoring Bernhard's‘extremely imprudent’ dealings with Lockheed recalled; Northrop declines comment on latest revelations (L)
Music on My Birthday
The Top 50 albums for the chart week of September 1, 1976, covering September 3, 1976.
Fleetwood Mac
Peter Frampton
Jefferson Starship
George Benson
Boz Scaggs
1976Valery V. Afanasyev, Russian ice hockey player and coach[†]
Valery V. Afanasyev is a Russian ice hockey coach. During 1994–1996 he participated in the Russian hockеy championship under H. C. Izhorets, Saint Petersburg. He also participated in other hockеy league championships. He was a part of the 2005 Estonian hockеy championship winner team HC Stars of Tallinn.
1976Ashley Jones, American actress[†]
Ashley Aubra Jones is an American actress. She is known for her roles in soap operas as Megan Dennison on The Young and the Restless and as Bridget Forrester on The Bold and the Beautiful. She also portrayed the recurring role as Daphne in the second season of the HBO drama series True Blood. From 2016 to 2017, Jones played the recurring role of Parker Forsyth on General Hospital.
1976Jevon Kearse, American football player[†]
Jevon Kearse, nicknamed "the Freak", is an American former professional football player who was a defensive end for eleven seasons in the National Football League (NFL) during the late 1990s and 2000s. Kearse played college football for the Florida Gators, earning All-American honors and was named the SEC Defensive Player of the Year in 1998.
1976Raheem Morris, American football player and coach[†]
Dejohnold Raheem Morris is an American professional football coach who is the head coach for the Atlanta Falcons of the National Football League (NFL). He previously served as head coach of the Tampa Bay Buccaneers from 2009 to 2011 and interim head coach of the Falcons in 2020. Morris also was an assistant coach for the Kansas State Wildcats, Washington Redskins, and Los Angeles Rams.
1976Viking program: The American Viking 2 spacecraft lands at Utopia Planitia on Mars.[†]
The Viking program consisted of a pair of identical American space probes, Viking 1 and Viking 2 both launched in 1975, and landed on Mars in 1976. The mission effort began in 1968 and was managed by the NASA Langley Research Center. Each spacecraft was composed of two main parts: an orbiter spacecraft which photographed the surface of Mars from orbit, and a lander which studied the planet from the surface. The orbiters also served as communication relays for the landers once they touched down.
In 1976, the world population was approximately 4,144,246,377 people[†]