The first of the Federalist Papers, which called for the ratification of the U.S. Constitution, was published.
New York City's first rapid transit subway, the IRT, opened.
Du Pont announced that it would name its new synthetic yarn nylon.
The Dow Jones industrial average fell 554.26 points, forcing the stock market to shut down.
Read more: This Day in History: October 27 — Infoplease.com http://www.infoplease.com/dayinhistory#ixzz1bypewbvk