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This Day in History for October 19 — ‘Black Monday’ Stock Market Crash and More

Crash of '87
Hulton Archive, Getty Images

Here’s a look at some interesting events that took place on this day in history:

1781: British General Cornwallis surrenders to General George Washington at Yorktown, Virginia, bringing an end to the last major battle of the American Revolution (more info)

1789: Chief Justice John Jay is sworn in as the first Chief Justice of the United States Supreme Court (more info)

1982: Maverick automobile executive John DeLorean is arrested in a California motel with a briefcase containing $24 million dollars worth of cocaine (more info)

1987: The stock market crashes on what comes to be known as “Black Monday,” dropping a record 508 points, or 22.6 percent (more info)

2003: Mother Teresa is beatified by Pope John Paul II (more info)

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