January 7, 1981 (Wednesday)
- After investment analyst Joseph Granville sent an overnight telegram to his customers with two words— "Sell everything!"— the New York Stock Exchange had its biggest trading day up to that time, with 92,890,000 shares changing hands.
- Died: Clair Farrand, 85, American inventor with over 1,000 electronics patents, including the radio loudspeaker
Read more about this topic: January 1981
Famous quotes containing the word january:
“Here lies interred in the eternity of the past, from whence there is no resurrection for the days—whatever there may be for the dust—the thirty-third year of an ill-spent life, which, after a lingering disease of many months sank into a lethargy, and expired, January 22d, 1821, A.D. leaving a successor inconsolable for the very loss which occasioned its existence.”
—George Gordon Noel Byron (1788–1824)