On this day
Revisit the news, notable people, and historical moments connected to this date.
In 1986, the world population was approximately 4,958,072,838 people[ā ]
1986Jimmy Graham, American football player[ā ]
Jimmy Graham is an American professional football tight end. He was selected by the New Orleans Saints in the third round of the 2010 NFL draft. Graham has also been a member of the Seattle Seahawks, Green Bay Packers and Chicago Bears. He played only one year of college football for the Miami Hurricanes after playing four years of basketball.
1986Pedro LeĆ³n, Spanish footballer[ā ]
Pedro LeĆ³n SĆ”nchez Gil, known as LeĆ³n, is a Spanish professional footballer who plays as a right winger for Real Murcia.
From precinct houses to prisons, the criminal justice system in New York City is bulging and straining to cope with the rise of crack. Six months after the Police Department and Federal agencies began new efforts against the potent form of cocaine, the state courts are backlogged and overcrowded with all kinds of criminal cases. Demand has exploded for more trial space, prosecutors, public defenders and jail cells. ''The special anti-crack unit has been very, very successful,'' the commander of the Police Department's narcotics division, Deputy Chief Francis C. Hall, said of one key effort against the drug. ''You don't have to be a mathematical genius to see we are pushing more people into the system than the system can handle.''
Here at the gleaming skyscraper headquarters of Suntrust Banks Inc., the bank holding company's top executives often wondered whether Suntrust's Florida banking operations could be even remotely as successful as its Georgia bank. Few industry experts believed so when Suntrust was formed in 1985, a merger of the venerable Trust Company of Atlanta with Sun Banks Inc. of Orlando, Fla. Although the creation of Suntrust marked the first interstate banking combination in the Southeast and has led to other regional interstate mergers, analysts were critical of the merger. Many said they were worried by the linking of such a proud and profitable institution as the Trust Company with the newer, flashier and less successful Sun Banks. Now, though, just 16 months later, the critics are fewer in number. Shortly after it took over Sun Banks, the Trust Company dispatched its vice chairman to Florida to try to improve profitability there. Since then, the vice chairman, James B. Williams, has been relentless, increasing interest income while cutting expenses, and in general lighting a fire under some sleepy managers.
On a long, high curve outside Bartlick, Va., where the railroad winds through steep canyons smudged with black seams of coal, a woman and two small girls squatted below a narrow rock ledge this morning, tending the dying embers of a trackside fire and waiting for Christmas to come to Appalachia. It arrived right on schedule, a few minutes before 9 o'clock, when the four-car Santa Express appeared through the brittle morning fog, its two diesel engines straining against the grade. On the rear platform of the last car stood Frank Brogden, a Kingsport businessman with bushy white whiskers, a basso profundo voice and a red suit. ''Ho-ho-ho, Santa sees you there, little darlings!'' he boomed, his amplified greeting mixing with the recorded Christmas music echoing off the canyon walls. As the train lumbered past at 10 miles per hour, helpers standing beside him flung out handfuls of candy and small toys that sent the two little girls scrambling onto the rails, chasing after the train as they stuffed the goodies into paper sacks.
New orders for American-made machine tools rose 30.1 percent in October from the disappointing levels of September, according to a report to be released today by the National Machine Tool Builders' Association. Industry analysts attributed the sharp increase to a delayed batch of new orders that followed the International Machine Tool Show in Chicago in early September. The trade association said that new orders for machine tools rose to $176 million, up from $135.3 million in September. Despite the increase, new orders were still down 23.4 percent from October 1985, reflecting the industry's continuing malaise, caused largely by declining orders from the automobile industry.
On paper, the outlook at the Toyota Motor Corporation is anything but rosy these days. The company is forecasting a 2.3 percent decline in car shipments in the current, 1987, fiscal year and a 4.8 percent drop in revenues. Profits could fall to one-third of their level in the 1986 fiscal year that ended June 30, top executives warn. The culprit, of course, is the strong yen, which has forced up car and truck prices in the United States, the company's most lucrative foreign market, and squeezed profit margins so much that export earnings declined 66 percent last year, according to company officials. But there is no sense of panic in this tightly knit industrial community that was the boyhood home of Ieyasu Tokogawa, the great shogun, or military leader, of 16th century Japan. The Social Contract Instead, top Toyota executives say they will deal with an increasingly crowded world car market by relying on advanced technology, higher-priced luxury and performance car models and the painstakingly forged social contract between the company and its employees.
The Zale Corporation, the nation's largest jewelry retailer, gave up a 10-month fight yesterday and agreed to be acquired by Peoples Jewellers Ltd. of Toronto and Swarovski International Holdings of Zurich for $50 a share in cash, or a total of $525 million. If the deal is completed, it will mark the second time in a month that a Canadian company has acquired a major American retailer. The Campeau Corporation acquired the Allied Stores Corporation for $3.6 billion earlier this month. Zale said the deal must close before Dec. 31. That way Zale shareholders would receive more favorable capital gains treatment than under the Tax Reform Act of 1986, which goes into effect Jan. 1.
A panel named by Mayor Koch and Governor Cuomo to study the causes of city corruption is ending its inquiry split on a key issue: whether the Board of Estimate should be restructured. The board, sometimes described as the city's board of directors, approved most of the contracts that are at the heart of the scandal in the Parking Violations Bureau. According to people at the panel's private meetings, some members argued that the board should be stripped of its power to approve city contracts. They reasoned that the board only diffused accountability without improving oversight of contracts.
WASHINGTON, Nov. 23 - With a near perfect first half of play (and not a bad second), the Washington Redskins gave the Dallas Cowboys their worst beating in more than a year today, 41-14, to keep their race with the Giants tight for yet another week. With a 34-0 lead as their cushion -the most points ever scored against the Cowboys in a first half - the Redskins improved their record to 10-2, thus staying even with the Giants for the fifth straight week in the National Conference East with four games to play. The loss dropped the Cowboys three games behind the division leaders, with a 7-5 record, and severely damaged their playoff chances. ''This wasn't quite the heart-stopper we're used to putting on,'' said Curtis Jordan, the Redskins' free safety. ''But it was our biggest win to date.''
Pressure mounted today for President Reagan to disclose more details of his Administration's dealings with Iran, and new criticism began to focus on Secretary of State George P. Shultz. In recent days, according to senior White House officials, Mr. Reagan has resisted strong appeals from aides to end the furor by acknowledging publicly that Washington's dealings with Teheran were a mistake. Effort to Repair Damage In addition, a confidant of the President said today that some of Mr. Reagan's longtime political supporters had discussed how to engineer high-level staff changes at the White House and in the Cabinet in the hope of repairing political damage to the President. The confidant said the discussions involved a small group of associates who have been involved for many years in Mr. Reagan's political career.
In a fourth-floor classroom at Martin Luther King High School in Manhattan, 19 students, all recent immigrants to the United States, were analyzing Emily Dickinson's poem ''A Word.'' Though the students came from countries as far-flung as Cambodia, Haiti, Afghanistan, Mali, Uruguay and Yemen, no language other than English was spoken at any time. Three floors below, Frida Rodriguez was teaching 22 students from the Dominican Republic, some of whom had been in the country as little as three weeks, how to use ''no'' and ''not.'' She drilled them in English, but they used Spanish to talk among themselves and even to ask her questions, which she then answered in English. Classes like these in New York City's public schools teach children whose native language is not English. Twelve years after a court mandated bilingual education for such students, strikingly different approaches are being used. In one English is the only language spoken in the classroom; in others the instruction is partly in English and partly in native language in varying degrees.
Last Sunday, when the Giants salvaged a fourth-and-17 situation with 72 seconds remaining and then kicked a game-winning field goal, you thought you had seen the ultimate comeback, right? Yes and no. That was last week's ultimate. Today came the latest ultimate. To start with the finish, the Giants beat the strong Denver Broncos, 19-16, and moved closer to a playoff berth. They did it with the same kind of dramatics they pulled out of the hat in beating the Minnesota Vikings, 22-20, last Sunday. 78-Yard Return by Martin This time, before an enthralled crowd of 75,116 at Giants Stadium, the Giants built a 16-9 lead. It came on a slow-motion interception return of 78 yards for a touchdown by George Martin, a defensive end, and field goals of 31, 45 and 46 yards by Raul Allegre.
After days of silence, the Israeli leadership is coming under increasing pressure from the Israeli press and Parliament to explain exactly what role Israel played in arms shipments to Iran. Despite mounting reports out of Washington and by foreign correspondents based in Israel that Israel was the key go-between in shipments that led to the release of three American hostages, Israeli leaders have refused to make any public comment on the affair, other than to say that Israel always stands ready to help a friend. Abba Eban, the Labor Party chairman of Parliament's Defense and Foreign Affairs Committee, insisted today that Prime Minister Yitzhak Shamir and Foreign Minister Shimon Peres appear before his committee in closed session and explain Israel's involvement. Later Mr. Eban said he had received word that both men would agree to discuss elements of the Israeli role before his committee, or a smaller, more secret subcommittee.