On this day

July 31, 1992

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

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Headlines from July 31, 1992

Credit Markets; Open Treasury Auctions: Years Away

By Jonathan Fuerbringer

A significant change in the workings of the bond market that is being considered by the Bush Administration in response to the Salomon Brothers scandal that came to light a year ago will not even be tested for years. The recommended change -- to an open auction for Treasury securities along the lines of an art auction -- would not occur for "a significant period of time," Jerome H. Powell, Under Secretary of the Treasury for Finance and the man who oversees Treasury auctions, said yesterday. He added, "That is a program people will be working on for several years."

Financial Desk1096 words

California, Land of Crises, Mingles Despair and Hope

By Robert Reinhold

Nothing seems amiss from outside the high chain-link fence on Conant Street as mechanics labor under the Southern California sun to prepare the hulking MD-11 and MD-80 passenger jets at the Douglas Aircraft plant here for airlines in China and Indonesia. The gleaming jets have long been proud symbols of California's economic and technological prowess. But at the plant gate around the corner, Kent Fulfer displayed another, newer and less appealing symbol of California: his layoff notice.

National Desk2403 words

After Repairs, Bridge Safety Is Questioned

By Martin Gottlieb

The Manhattan Bridge has been deteriorating for so long that when another safety hazard causes officials to shut down subway service, serious questions arise about whether the 83-year-old structure is being watched as closely as it should be and whether further inconvenience and even danger are inescapable. Subway service for about 250,000 passengers was disrupted when the bridge was shut down after rush hour Wednesday night after state inspectors spotted a quarter-size hole in a rusty beam.

Metropolitan Desk1327 words

Stock Sale Postponed By Revlon

By Stephanie Strom

Revlon Inc., the crown jewel of Ronald O. Perelman's financial empire, postponed its plans yesterday to sell shares of the cosmetics giant to the public, citing a stingy market and pressure from institutional investors to drop the opening price. "Given the prospects for the company and what we perceive is its strong consumer franchise and future, we were unwilling to proceed with an offering at a price that did not reflect the true value of the company," said Don Drapkin, vice chairman of MacAndrews & Forbes Holdings Inc., the corporate umbrella for Mr. Perelman's investments.

Financial Desk1086 words

Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of July 29, 1992, covering July 31, 1992.

  1. 1
    Album cover for Some Gave All by Billy Ray Cyrus

    Some Gave All

    Billy Ray Cyrus

    Last week
    1
    Peak
    1
    Weeks
    9
  2. 2
    Album cover for Countdown To Extinction by Megadeth

    Countdown To Extinction

    Megadeth

    Last week
    Peak
    2
    Weeks
    1
  3. 3
    Album cover for Totally Krossed Out by Kris Kross

    Totally Krossed Out

    Kris Kross

    Last week
    2
    Peak
    1
    Weeks
    16
  4. 4
    Album cover for MTV Unplugged EP by Mariah Carey

    MTV Unplugged EP

    Mariah Carey

    Last week
    3
    Peak
    3
    Weeks
    7
  5. 5
    Album cover for Boomerang by Soundtrack

    Boomerang

    Soundtrack

    Last week
    4
    Peak
    4
    Weeks
    3

Notable Births

José Fernández (right-handed pitcher)

1992José Fernández, Cuban-American baseball player (died 2016)[†]

José Delfín Fernández Gómez was a Cuban-born American professional baseball right-handed pitcher who played four seasons in Major League Baseball (MLB). He was a member of the Miami Marlins from 2013 until his death in 2016. He stood 6 feet 3 inches (1.91 m) tall and weighed 243 pounds (110 kg) during his playing career. He was affectionately known as "Niño" to his teammates and fans due to the youthful exuberance with which he played the game.

Ryan Johansen

1992Ryan Johansen, Canadian ice hockey player[†]

Ryan Johansen is a Canadian professional ice hockey centre who is currently a free agent. Growing up, he played minor hockey in the Greater Vancouver area until joining the junior ranks with the Penticton Vees of the British Columbia Hockey League (BCHL) for one season. In 2009–10, he moved to the major junior level with the Portland Winterhawks of the Western Hockey League (WHL). After his first WHL season, he was selected fourth overall by the Columbus Blue Jackets in the 2010 NHL Entry Draft. He would play five seasons with them before being traded to the Nashville Predators for Seth Jones in January 2016. Playing parts of eight seasons with Nashville, he was a key part of seven straight postseason berths for the Predators, including a trip to the 2017 Stanley Cup Finals. Nearing the end of his contract as the Predators declined, he was traded to the Avalanche in the 2023 offseason.

Kyle Larson

1992Kyle Larson, American race car driver[†]

Kyle Miyata Larson is an American professional racing driver. He competes full-time in the NASCAR Cup Series, driving the No. 5 Chevrolet ZL1 for Hendrick Motorsports, part-time in the NASCAR Xfinity Series, driving the No. 17 Chevrolet SS for the same team and the No. 88 Chevrolet SS for JR Motorsports. He also competes part-time in the NASCAR Craftsman Truck Series, driving the No. 07 Chevrolet Silverado RST for Spire Motorsports, and part-time in the NTT IndyCar Series, driving the No. 17 Chevrolet for Arrow McLaren.

Notable Deaths

Leonard Cheshire

1992Leonard Cheshire, English captain and pilot (born 1917)[†]

Geoffrey Leonard Cheshire, Baron Cheshire, was a British Royal Air Force pilot, officer and philanthropist.

Historical Events

Georgia (country)

1992The nation of Georgia joins the United Nations.[†]

Georgia is a country in the Caucasus region on the coast of the Black Sea. It is located at the intersection of Eastern Europe and West Asia, and is today generally regarded as part of Europe. It is bordered to the north and northeast by Russia, to the south by Turkey and Armenia, and to the southeast by Azerbaijan. Georgia covers an area of 69,700 square kilometres (26,900 sq mi). It has a population of 3.7 million, of which over a third live in the capital and largest city, Tbilisi. Ethnic Georgians, who are native to the region, constitute a majority of the country's population and are its titular nation.

Thai Airways International Flight 311

1992Thai Airways International Flight 311 crashes into a mountain north of Kathmandu, Nepal killing all 113 people on board.[†]

Thai Airways International Flight 311 (TG311/THA311) was a flight from Bangkok, Thailand's Don Mueang International Airport to Kathmandu, Nepal's Tribhuvan International Airport. On July 31, 1992, at 07:00:26 UTC, the Airbus A310-304 operating the route crashed into the side of a mountain 37 kilometres north of Kathmandu, killing all 113 passengers and crew members on board. This was both the first hull loss and the first fatal accident involving the Airbus A310.

China General Aviation Flight 7552

1992China General Aviation Flight 7552 crashes during takeoff from Nanjing Dajiaochang Airport, killing 108.[†]

China General Aviation Flight 7552 was a China General Aviation flight from Nanjing Dajiaochang Airport to Xiamen Gaoqi International Airport. On July 31, 1992, the Yakovlev Yak-42D overran runway 06 during takeoff and impacted an embankment at 210 kilometres per hour, 420 metres (1,380 ft) from the threshold.

Space Shuttle program

1992Space Shuttle program: Atlantis is launched on STS-46 to deploy the European Retrievable Carrier and the Tethered Satellite System.[†]

The Space Shuttle program was the fourth human spaceflight program carried out by the U.S. National Aeronautics and Space Administration (NASA), which accomplished routine transportation for Earth-to-orbit crew and cargo from 1981 to 2011. Its official program name was Space Transportation System (STS), taken from a 1969 plan for a system of reusable spacecraft where it was the only item funded for development, as a proposed nuclear shuttle in the plan was cancelled in 1972. It flew 135 missions and carried 355 astronauts from 16 countries, many on multiple trips.

Historical Context for July 31, 1992

In 1992, the world population was approximately 5,505,989,816 people[†]