On this day

November 1, 1988

Revisit the music, news, notable people, and historical moments connected to this date.

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Headlines from November 1, 1988

Fed Intervention Bolsters Dollar

By Jonathan Fuerbringer

LEAD: The Federal Reserve and the Bank of Japan intervened to defend the dollar yesterday, sending the first signal of concern about its sharp devaluation of the last three weeks.

Financial Desk933 words

Schwab May Repay Customers

By Lawrence M. Fisher, Special To the New York Times

LEAD: Charles Schwab & Company, the discount brokerage firm, said today that it might take a one-time charge of $1 million to $2 million to reimburse customers for profits taken from the unauthorized trading of customers' shares.

Financial Desk445 words

Thrust of TV Campaign Ads Can Vary With the Territory

By Michael Oreskes, Special To the New York Times

LEAD: In campaign advertisements broadcast on radio stations whose audiences are largely black, Gov. Michael S. Dukakis denounces the urban terror caused by illegal guns and charges that ''in George Bush's Washington, they just say 'no' to gun control.'' But in the Dukakis campaign's television commercials broadcast in Texas, an announcer says: ''One candidate for President has voted for Federal gun control.

National Desk1431 words

Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of October 26, 1988, covering November 1, 1988.

  1. 1
    Album cover for New Jersey by Bon Jovi

    New Jersey

    Bon Jovi

    Last week
    1
    Peak
    1
    Weeks
    4
  2. 2
    Album cover for Appetite For Destruction by Guns N' Roses

    Appetite For Destruction

    Guns N' Roses

    Last week
    2
    Peak
    1
    Weeks
    62
  3. 3
    Album cover for Cocktail by Soundtrack

    Cocktail

    Soundtrack

    Last week
    4
    Peak
    3
    Weeks
    12
  4. 4
    Album cover for Hysteria by Def Leppard

    Hysteria

    Def Leppard

    Last week
    3
    Peak
    1
    Weeks
    63
  5. 5
    Album cover for Simple Pleasures by Bobby McFerrin

    Simple Pleasures

    Bobby McFerrin

    Last week
    5
    Peak
    5
    Weeks
    28

Notable Births

Masahiro Tanaka

1988Masahiro Tanaka, Japanese baseball player[†]

Masahiro Tanaka is a Japanese professional baseball pitcher for the Yomiuri Giants of Nippon Professional Baseball (NPB). He has previously played in NPB for the Tohoku Rakuten Golden Eagles and in Major League Baseball (MLB) for the New York Yankees.

Historical Context for November 1, 1988

In 1988, the world population was approximately 5,141,992,542 people[†]