On this day

October 5, 1997

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

Historical Context for October 5, 1997

In 1997, the world population was approximately 5,924,787,816 people[†]

Notable Births

1997Michael Hoecht, Canadian American football player[†]

Michael Hoecht is a Canadian professional football defensive end for the Buffalo Bills of the National Football League (NFL). He played college football for the Brown Bears.

Notable Deaths

Brian Pillman

1997Brian Pillman, American football player and wrestler (born 1962)[†]

Brian William Pillman was an American professional wrestler and professional football player best known for his appearances in Stampede Wrestling in the 1980s and World Championship Wrestling (WCW), Extreme Championship Wrestling (ECW), and World Wrestling Federation (WWF) in the 1990s.

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Headlines from October 5, 1997

INSIDE

By Unknown Author

Reno and Counsel Law Janet Reno has swung from one position to another on using the independent counsel law, sometimes angering the White House and sometimes the Republicans. News analysis, page 28. Fire Consumes Cruise Ship Some 700 people on a day cruise from Cyprus to Egypt fled as fire consumed their ship. They landed safely, rescued by a nearby ship and British helicopters. Page 10.

Metropolitan Desk124 words

Winning Ugly; Bashing America for Fun and Profit

By David E. Sanger

Many countries complain that America's remarkable run of prosperity has made it unbearable; say US not only wants to set rules for world, it also wants to use its power to dictate exceptions to those rules; Rahm Emanuel, senior adviser to Pres Clinton, says our competitors see an America that is winning every contest we enter; says many US economists and politicians see America that keeps losing in world economy (M)

Week in Review Desk1329 words

Fed Policy On Rates Seems Tough After All

By Jonathan Fuerbringer

Absence of inflation is making Federal Reserve's short-term interest-rate policy more restrictive than it may appear; real Federal funds rate, adjusted for inflation, is 3.28 percent, up from 2.22 percent in Feb; graph (M)p

Money and Business/Financial Desk576 words

Hundreds of Thousands Gather On the Mall in a Day of Prayers

By Laurie Goodstein

Hundreds of thousands of Christian men, summoned by Promise Keepers, new all-male evangelical movement, gather on Mall in Washington to repent for own sins in what they see as secular and socially troubled America; crowd appears to rank in numbers with largest events ever held on National Mall; gathering described; photos (L)

National Desk1697 words

Good Things For Those Who Waited

By Edward Wyatt

Smaller stocks and mutual funds that invest in them outperformed blue-chips and index funds in third quarter, enabling some domestic equity funds deserted by investors during 1996 small-cap stock slump to re-emerge in recent months as top performers; strong performance of Seligman Communications and Information fund cited; graph (M)

Money and Business/Financial Desk1680 words

The Nation; The Future Came Faster In the Old Days

By Steve Lohr

Intel and IBM recently announced innovations in microchip design that will speed up computer industry even further; chip-making improvements were hailed as major breakthroughs--and further confirmation that digital age in words of author George Gilder is 'biggest technological juggernaut that ever rolled'; many historians and economists disagree; they say present rate of technological change pales compared to late 19th century; photos (M)

Week in Review Desk1195 words