1901: Total daily trading volume on the New York Stock Exchange exceeds 2 million for the first time, as 2,471,258 shares change hands.

1863: William Randolph Hearst, one of the founders of the American media industry, is born to George Hearst, a wealthy miner and rancher, and Phoebe Apperson Hearst, a schoolteacher. In 1887, young "Billie Buster," just out of Harvard, takes over as editor of a fledgling newspaper called the San Francisco Examiner, which his father had recently acquired as settlement for a gambling debt. By the turn of the century, William Randolph Hearst is one of the world's most powerful press barons — and the model for Orson Welles' Citizen Kane.