Clint Eastwood was elected as Mayor of Carmel, California.
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Pan American Airlines completed its first round the world commercial trip.
The Bank of Italy opened in San Francisco, California, and would later become Bank of America.
Jurassic Park III premiered in Los Angeles, California.
Finnish Armi Kuusela won the first Miss Universe Pageant at Long Beach, California.
The fourth great fire of San Francisco happened, destroying a considerable portion of the city.