On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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LEAD: Secondary stocks showed more strength than blue chips yesterday as the market regained stability after last Friday's tumble. The American Stock Exchange composite index was up 2.91 points, or eight-tenths of 1 percent, to 378.07, and the Nasdaq composite index, the primary measure of over-the-counter stock movement, rose 3.35 points, or seven-tenths of 1 percent, to 463.28.
LEAD: Confronted with increasing demands for change, the East German Communist Party today ousted Erich Honecker, its hard-line leader of 18 years, and named his 52-year-old protege to replace him.
LEAD: THE MARKETS Investment bankers postponed two ''junk bond'' offerings totaling more than $1.2 billion because of volatile conditions in the high-risk, high-yield market. And Kohlberg & Company said Drexel Burnham Lambert, which was ''highly confident'' it could raise $75 million in financing for its buyout of Colorado Prime last summer, was unable to finance the deal through junk bonds.
LEAD: The managing director of CBS Masterworks, the classical music arm of CBS Records, has kept a low profile during the last year as he planned his reorganization of the label.
Music on My Birthday
The Top 50 albums for the chart week of October 18, 1989, covering October 19, 1989.
Motley Crue
Janet Jackson
Milli Vanilli
The Rolling Stones
Paula Abdul
1989James Gavet, New Zealand rugby league player[†]
James Gavet is a Samoa international rugby league footballer who last played as a prop for the Huddersfield Giants in the Super League.
1989Mindaugas Kuzminskas, Lithuanian basketball player[†]
Mindaugas Kuzminskas is a Lithuanian professional basketball player and the vice-captain for AEK Athens of the Greek Basketball League (GBL). He also formerly represented the Lithuanian national team in international competition. He is 2.05 m tall, and he can play at both the small forward and power forward positions.
1989Miroslav Stoch, Slovakian footballer[†]
Miroslav Stoch is a Slovak former professional footballer who plays as a winger.
1989Rakuto Tochihara, Japanese actor[†]
Rakuto Tochihara is a Japanese former actor from Tokyo, a graduate of Horikoshi High School. His debut role was in Boogiepop Phantom where he voiced the character Poom Poom. He later had a starring role in the 2005 Kamen Rider Series Kamen Rider Hibiki and its film Kamen Rider Hibiki & The Seven Senki as the character Asumu Adachi. His roles have also included the drama RH Plus as Ageha Seto and in the film Aquarian Age: The Movie as Naoya Itsuki. On February 28, 2018, he announced his decision to retire from the entertainment industry to take over his father's company.
1989Janine Tugonon, Filipino model and television host[†]
Janine Marie Raymundo Tugonon is a Filipino actress, TV host, model and beauty pageant titleholder who was crowned Miss Universe Philippines 2012. She represented the Philippines at the Miss Universe 2012 pageant, winning 1st runner up.
1989The convictions of the Guildford Four are quashed by the Court of Appeal of England and Wales, after they had spent 15 years in prison.[†]
The Guildford Four and Maguire Seven were two groups of people, mostly Northern Irish, who were wrongly convicted in English courts in 1975 and 1976 of the Guildford pub bombings of 5 October 1974 and the Woolwich pub bombing of 7 November 1974. All the convictions were eventually overturned in 1989 and 1991 after long campaigns for justice, as were those of the Birmingham Six.
In 1989, the world population was approximately 5,234,431,732 people[†]