On this day

July 1, 1999

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

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Headlines from July 1, 1999

Internet's Chain Of Foolery

By Tina Kelley

Hoaxes run wild on the Internet, passed on by every new person to get on line and mutating freely; computer users can take precautions if they receive chain letters or other suspected hoaxes via E-mail; photos (M)

Circuits1770 words

Barak Creates Wide Coalition With 7 Parties

By Deborah Sontag

Israeli Prime Min-elect Ehud Barak forges broad coalition Government, clinching last deal with ultra-Orthodox Shas Party; Government will consist of seven extremely different parties, mixing secular with religious, left with right and settlers with backers of Palestinian state; is widely expected to back Barak's plan to move forward on peace deals with Palestinians and Syria; Barak will be own Defense Minister; table (M)

Foreign Desk1196 words

Stock and Bond Markets Both Like What They Hear From the Fed

By Jonathan Fuerbringer

Stock and bond markets rally after Federal Reserve Board says quarter percentage point increase in its short-term interest rate target could be enough to keep inflation in check; Dow Jones industrial average closes up 155.45 points, or 1.44 percent, to 10,970.80; Standard & Poor's 500-index rises 21.26 points, or 1.57 percent, to new high of 1,372.71; Nasdaq composite index climbs 44.01 points, or 1.67 percent, to record 2,686.12; price of 30-year bond jumps 1 9/32, to 90 6/32; yield falls to 5.96 percent, from 6.06 percent; yield on two-year note drops to 5.52 percent from 5.68 percent; graph on Dow Jones industrial average; charts on stocks with large price percentage gains and losses and US key interest rates; photo (M)

Business/Financial Desk788 words

Ailing Foreigners Burden Emergency Rooms in U.S.

By Randy Kennedy

Medical immigrants, mostly poor or middle-class foreigners from poor countries, are traveling to United States to seek care at emergency rooms in New York City and other big cities, where law says they must be treated if problems require immediate care; many hospitals, fearing anti-immigrant sentiment that has restricted access to health care in some states, resist counting such patients; medical immigrants are tiny but striking example of larger and growing problem of uninsured or underinsured patients, both citizens and immigrants, who rely on emergency rooms of financially-pressed hospitals; photo (M)

Metropolitan Desk1874 words

BUSINESS DIGEST

By Unknown Author

Fed Raises Interest Rates But Is Neutral on the Future The Federal Reserve, led by Alan Greenspan, nudged its benchmark interest rate up by a quarter-point but said there was no clear case for another rate increase to keep inflation at bay, catching many economists and investors off guard. The shift to a neutral stance from a stance toward higher rates was taken as a green light by investors on Wall Street, who rapidly bid up stock and bond prices. The Dow Jones industrial average surged 210 points in the 13 minutes after the central bank's announcement and finished up 155.45 points, while the Nasdaq composite index and the Standard & Poor's 500-stock index reached new highs. [Page A1.]

Business/Financial Desk563 words

Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of June 30, 1999, covering July 1, 1999.

  1. 1
    Album cover for Millennium by Backstreet Boys

    Millennium

    Backstreet Boys

    Last week
    1
    Peak
    1
    Weeks
    5
  2. 2
    Album cover for Ricky Martin by Ricky Martin

    Ricky Martin

    Ricky Martin

    Last week
    2
    Peak
    1
    Weeks
    6
  3. 3
    Album cover for Mirrorball by Sarah McLachlan

    Mirrorball

    Sarah McLachlan

    Last week
    Peak
    3
    Weeks
    1
  4. 4
    Album cover for Wild Wild West by Soundtrack

    Wild Wild West

    Soundtrack

    Last week
    Peak
    4
    Weeks
    1
  5. 5
    Album cover for Austin Powers: The Spy Who Shagged Me by Soundtrack

    Austin Powers: The Spy Who Shagged Me

    Soundtrack

    Last week
    8
    Peak
    5
    Weeks
    3

Notable Deaths

Edward Dmytryk

1999Edward Dmytryk, Canadian-American director and producer (born 1908)[†]

Edward Dmytryk was a Canadian-born American film director and editor. He was known for his 1940s noir films and received an Oscar nomination for Best Director for Crossfire (1947). In 1947, he was named as one of the Hollywood Ten, a group of blacklisted film industry professionals who refused to testify to the House Un-American Activities Committee (HUAC) in their investigations during the Red Scare of the McCarthy era. They all served time in prison for contempt of Congress. In 1951, Dmytryk testified to the HUAC and named individuals, including Arnold Manoff, whose careers were then destroyed for many years, to rehabilitate his own career. First hired again by independent producer Stanley Kramer in 1952, Dmytryk is likely best known for directing The Caine Mutiny (1954), a critical and commercial success. The second-highest-grossing film of the year, it was nominated for Best Picture and several other awards at the 1955 Oscars. Dmytryk was nominated for a Directors Guild Award for Outstanding Directorial Achievement in Motion Pictures.

Forrest Mars Sr.

1999Forrest Mars Sr., American businessman, creator of M&M's and the Mars chocolate bar (born 1904)[†]

Forrest Edward Mars Sr. was an American billionaire businessman and the driving force of the candy company Mars Inc. in 1911 as well as founder of Pedigree Petfoods in 1957. He is best known for introducing Milky Way (1924) and Mars (1932) chocolate bars, and M&M's (1941) chocolate, as well as orchestrating the launch of Uncle Ben's Rice. He was the son of the company founder Franklin Clarence Mars and his first wife Ethel G. Mars.

Sylvia Sidney

1999Sylvia Sidney, American actress (born 1910)[†]

Sylvia Sidney was an American stage, screen, and film actress whose career spanned 70 years. She rose to prominence in dozens of leading roles in the 1930s. She was nominated for the Academy Award for Best Supporting Actress for her performance in Summer Wishes, Winter Dreams in 1973. She later gained attention for her role as Juno, a case worker in the afterlife, in Tim Burton's 1988 film Beetlejuice, for which she won a Saturn Award for Best Supporting Actress.

Sola Sierra

1999Sola Sierra, Chilean human rights activist (born 1935)[†]

Sola Sierra Henríquez was a Chilean human rights activist. She was director of Relatives of the Detained-Disappeared organization, and campaigned to find out the truth about the people who were violently disappeared during Augusto Pinochet's dictatorship.

Historical Events

Scottish Parliament

1999The Scottish Parliament is officially opened by Elizabeth II on the day that legislative powers are officially transferred from the old Scottish Office in London to the new devolved Scottish Executive in Edinburgh. In Wales, the powers of the Welsh Secretary are transferred to the National Assembly.[†]

The Scottish Parliament is the devolved, unicameral legislature of Scotland. It is located in the Holyrood area of Edinburgh, and is frequently referred to by the metonym ''Holyrood''. It is a democratically elected body and its role is to scrutinise the Scottish Government and legislate on devolved matters that are not reserved to the Parliament of the United Kingdom.

Historical Context for July 1, 1999

In 1999, the world population was approximately 6,089,006,339 people[†]