On this day

July 7, 1994

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

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Headlines from July 7, 1994

Hurt by Bond Plunge, Salomon Foresees a Record Loss

By Susan Antilla

Stung by losses in its stock and bond holdings, Salomon Inc. said yesterday that it expected to post a net loss of about $200 million for the second quarter. The after-tax loss would be the largest ever reported by Salomon, whose investment banking and securities unit, Salomon Brothers, was rocked by the plunge in bond prices earlier this year. Salomon lost $130 million in the fourth quarter of 1984 -- up to now, the worst quarterly hit it has ever taken.

Financial Desk696 words

INSIDE

By Unknown Author

Chorus: Universal Coverage Members of President Clinton's Cabinet fanned out around the country to rally support for the Administration's health plan and preach the gospel of universal coverage. Page B8. Defending Simpson Search Two police detectives say they entered O. J. Simpson's estate without a warrant because they feared for the safety of the residents. Page A17. Violence in the Schools Hundreds of principals have underreported violent incidents in New York schools, a report shows, suggesting conditions are more turbulent than previously acknowledged. Page B1. New 100-Meter Record The sprinter Leroy Burrell yesterday won the 100-meter dash in 9.85 seconds at a meet in Lausanne, Switzerland. It was a world record. Page B9. Interactive TV Approval The Federal Communications Commission approved an application by the Bell Atlantic Corporation to offer interactive television service for 38,000 homes in New Jersey. Page D1. 11 Firefighters Killed Flames trapped about 50 firefighters battling a wildfire in Colorado, killing at least 11. Dozens of fires continued to burn around the West. Page A14.

Metropolitan Desk164 words

Striking Oil but Straining Families

By Unknown Author

When Jimmy Josey left for work recently, he hugged his two young sons and kissed his wife goodbye. But instead of heading to nearby Bilco Tools in his pickup truck, he drove about 40 miles northeast to New Orleans International Airport. Then, starting his 28-hour journey to the oilfields of Kazakhstan, he moved into the routine that is now part of his life in the domestic oil industry: He heads overseas, for a month at a stretch, to teach Kazakh, Hungarian and Russian workers to operate drill pipe-handling equipment made by his company.

Financial Desk1523 words

Report Finds More Violence In the Schools

By Sam Dillon

Hundreds of principals have underreported violent incidents in New York City schools, school officials said yesterday. suggesting that conditions are far more turbulent than has previously been acknowledged. A month ago, Chancellor Ramon C. Cortines rejected a report on violence in the city's schools, saying he suspected that school administrators were covering up some events to make their schools appear less chaotic.

Metropolitan Desk1154 words

Clinton Makes Appeal to Latvia To Accept Its Russian Civilians

By Thomas L. Friedman

President Clinton told a crowd of 35,000 Latvians today that he will rejoice with them when Russian troops complete their withdrawal from the Baltics by the end of summer, but he also appealed to the Latvians to show more tolerance of the Russian civilians who want to continue living among them. Mr. Clinton's soaring, Jeffersonian oratory hailing Latvia's independence was greeted with cheers, applause and the waving of American flags by the crowd packed into the central Freedom Square in Riga.

Foreign Desk1484 words

Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of July 6, 1994, covering July 7, 1994.

  1. 1
    Album cover for Purple by Stone Temple Pilots

    Purple

    Stone Temple Pilots

    Last week
    1
    Peak
    1
    Weeks
    3
  2. 2
    Album cover for The Lion King by Soundtrack

    The Lion King

    Soundtrack

    Last week
    5
    Peak
    2
    Weeks
    4
  3. 3
    Album cover for The Sign by Ace of Base

    The Sign

    Ace of Base

    Last week
    2
    Peak
    1
    Weeks
    31
  4. 4
    Album cover for Regulate...G Funk Era by Warren G

    Regulate...G Funk Era

    Warren G

    Last week
    3
    Peak
    2
    Weeks
    3
  5. 5
    Album cover for Not A Moment Too Soon by Tim McGraw

    Not A Moment Too Soon

    Tim McGraw

    Last week
    4
    Peak
    1
    Weeks
    14

Notable Births

Nigina Abduraimova

1994Nigina Abduraimova, Uzbekistani tennis player[†]

Nigina Abduraimova is an Uzbekistani professional tennis player.

1994Timothy Cathcart, Northern Irish race car driver (died 2014)[†]

Timothy Cathcart was a Northern Irish rally driver from Enniskillen who was killed at the 2014 Todds Leap Ulster Rally, a round of the 2014 British Rally Championship season, after his car, a Citroën DS3 R3T left the road and crashed near Fivemiletown. Timothy was from a family steeped in rallying history and started his rallying career in the Rallysport Association Championship, competing in a Vauxhall Nova and winning a number of events in his class. He was into his second year in the British Rally Championship and was tipped to be a future talent in British and potentially World Rallying.

Ashton Irwin

1994Ashton Irwin, Australian musician[†]

Ashton Fletcher Irwin is an Australian musician, best known as the drummer of the pop rock band 5 Seconds of Summer. Since 2014, 5 Seconds of Summer have sold more than 10 million albums, sold over 2 million concert tickets worldwide, and the band's songs streams surpass 7 billion, making them one of the most successful Australian musical exports in history.

Notable Deaths

Carlo Chiti

1994Carlo Chiti, Italian engineer (born 1924)[†]

Carlo Chiti was an Italian racing car and engine designer best known for his long association with Alfa Romeo's racing department. He also worked for Ferrari and was involved in the design of the Ferrari 156 Sharknose car, with which Phil Hill won the 1961 championship.

Friedrich August Freiherr von der Heydte

1994Friedrich August Freiherr von der Heydte, German general (born 1907)[†]

Friedrich August Freiherr von der Heydte was a German paratroop officer during World War II who later served in the armed forces of West Germany, achieving the rank of General. Following the war, Heydte pursued academic, political and military careers, as a Catholic-conservative professor of political science, a member of the Christian Social Union political party, and as a Bundeswehr reservist. In 1962, Heydte was involved in the Spiegel affair.

Historical Context for July 7, 1994

In 1994, the world population was approximately 5,675,551,255 people[†]