

November 14, 1989

On Nov. 14, 1732, the first paid librarian, Louis Timothee, was hired by the Library Company of Philadelphia.

In 1832 the first streetcar, a horse-drawn vehicle, was used in New York City.

In 1856 James Buchanan was elected the 15th president of the United States.

In 1889 New York World reporter Nellie Bly (Elizabeth Cochrane Seaman)

began her attempt to out-do the fictitious voyage of Jules Verne by traveling around the world in fewer than 80 days; she completed the trip in 72 days.

In 1940, in World War II, German bombers destroyed most of the English city of Coventry.

In 1972 the Dow Jones Industrial Average closed above 1000 for the first time.

In 1979 President Jimmy Carter ordered a freeze of all Iranian assets in the United States as militants continued to hold more than 50 Americans hostage in Tehran.

In 1982 Polish labor leader Lech Walesa returned to his home in Gdansk after 11 months of government internment.

In 1986 the Securities and Exchange Commission imposed a record $100-million penalty against Ivan Boesky and barred him from working again in the securities industry. The SEC said Boesky had purchased securities while in possession of inside information.