On This Day December 31

Click each item below to learn more!

History Highlights
History Highlights

1781 – The first bank in the U.S. opens under the name The Bank of North America.

1862 – Nine months after engaging in the most famous naval battles in American history, the ironclad warship USS Monitor sinks in a storm off Cape Hatteras, North Carolina. Sixteen crewmen are killed. The Monitor had dueled to a standstill with another ironclad, the CSS Virginia (originally the CSS Merrimack), off Hampton Roads, Virginia on March 9, 1862.

1879 – Inventor Thomas Edison demonstrates his incandescent light bulb to the public for the first time.

1904 – The first New Year’s Eve celebration is held in New York’s Times Square — known then as Longacre Square — at the intersection of 7th Avenue, Broadway and 42nd Street in Manhattan. Three years later, in 1907, the tradition of the dropping ball is introduced.

1946 – President Harry Truman officially proclaims the end of hostilities in World War II.

1984 – Bernhard Goetz, the white man known as the “subway vigilante” after he shot four young black men on a New York City subway train, turns himself in to authorities in New Hampshire.

1999 – Days after Mikhail Gorbachev is re-elected head of the Soviet Communist Party, Boris Yeltsin, president of the Republic of Russia, stuns his country and the world by announcing his resignation six months before the end of his term. He turns control over to Prime Minister Vladimir Putin, undercutting Gorbachev’s efforts to keep the struggling Soviet Union together. 

1999 – The United States officially turns control of the Panama Canal over to Panamanian authorities for the first time.

Musical Milestones
Musical Milestones

1966 – The Monkees swing to the top of the singles chart with “I’m a Believer” and hold on for seven weeks, finally yielding to The Buckinghams’ “Kind of a Drag” in mid-February.

1970 – Eight months after the The Beatles’ breakup and subsequent release of their last album, “Let It Be,” Paul McCartney files suit against bandmates John Lennon, George Harrison and Ringo Starr to officially dissolve their partnership.

1972 – Dick Clark begins a new holiday tradition as his first “New Year’s Rockin’ Eve” concert is broadcast on ABC-TV, featuring performances by Three Dog Night and Al Green. Clark hosts the annual event for the next 32 years before turning the reins over to Ryan Seacrest.

1977 – “How Deep Is Your Love,” by the Bee Gees, is in the middle of three weeks as the No. 1 single. The song is part of the “Saturday Night Fever” movie soundtrack.

1983 – Paul McCartney and Michael Jackson are in the middle of a six-week domination of the pop chart with “Say Say Say.”

1985 – Former teen idol Ricky Nelson and six others are killed when their chartered plane crashes in Texas.

1988 – “Every Rose Has Its Thorn,” by Poison, is in the midst of a three-week run at No. 1 on the Billboard single chart.

2005 – Mariah Carey begins a two-week hold on top of the Billboard Hot 100 with “Don’t Forget About Us.”

2015 – Grammy-winning R&B singer-songwriter Natalie Cole (“This Will Be,” “I’ve Got Love On My Mind,” “Miss You Like Crazy,” “Unforgettable”), daughter of legendary crooner and jazz pianist Nat King Cole, dies of congestive heart failure at the age of 65.

On this Day August 5

Click each item below to learn more!

History Highlights
History Highlights

1858 – The first telegraph line across the Atlantic Ocean is completed, stretching nearly 2,000 miles at depths of up to two miles. It is put to use on August 16, as U.S. President James Buchanan and Queen Victoria exchange formal introductory and complimentary messages.

1914 – The world’s first electric traffic signal is installed at the corner of Euclid Avenue and East 105th Street in Cleveland, Ohio.

1962 – Hollywood icon Marilyn Monroe is found dead in her Los Angeles home at the age of 36. An investigation determines that her death was “caused by a self-administered overdose of sedative drugs and that the mode of death is probable suicide.”

1963 – Representatives of the U.S., Soviet Union and Great Britain sign the Limited Nuclear Test Ban Treaty, which prohibits the testing of nuclear weapons in outer space, underwater or in the atmosphere. The treaty is hailed as an important first step toward the control of nuclear weapons.

1981 – President Ronald Reagan begins firing more than 11,000 striking air traffic controllers for defying his order to return to work. The move slowed commercial air travel for months.

1983 – “Risky Business” opens in theaters, propelling actor Tom Cruise to stardom. The movie’s most iconic scene features Cruise dancing at home in his underpants to Bob Seger’s “Old Time Rock and Roll.”

1998 – Seventy-year-old Marie Noe is arrested and charged with the suffocation murders of eight of her 10 children over a 50-year period.

2002 – Divers recover the rusty turret of the ironclad Civil War-era warship U.S.S. Monitor, which sank 140 years earlier in a storm off Cape Hatteras, North Carolina.