Survey Reveals Small Businesses Investing
in Technology for Increased Sales, Growth

By Mary Miller. Contributing Editor, Coleman Reports

In a recent survey of 1,763 small businesses conducted by Researchscape International and DaySmart Software, results indicate that small business owners are leveraging technology to offset challenges, increase growth and pump up cyber-security measures.

Sixty-three percent of survey participants reported an increase in sales between 2017-2018. Despite growth, many of the respondents continue to be concerned about growing their businesses and successfully handling the challenges of running a small business.

The top five U.S. small business concerns as reported:

• Making enough money
  
• Controlling costs
  
• Finding new customers
  
• Marketing to new or existing customers
• Time management

Other findings from the 2019 U.S. Small Business Technology Trends report:

    Over half (or 51%) have incorporated business management software. Of those adopting business management software, resulting benefits include reduced manual efforts and paperwork (61 percent), increased customer satisfaction (49 percent) and improved work/life balance (48 percent). Forty-two percent prefer cloud-based software products vs. 38% sticking with on premise software.

    Respondents adopting business management software report making more money annually. Seventy-three percent of respondents using software reported annual revenues of $100,000 or more, compared to 60% of participants not using software.

    Fifty-one percent of small business owners adopting such software are 25-44 years old, while 37% in this same age bracket do not use software. Most small business owners, or 63%, who do not use software are 45 years old or older.

    The number one reason most respondents (26%) did not invest in business software was due to lack of budget resources. Other reasons for not adopting technology was due to lack of internal expertise/maintenance/support (23 percent), concerns/fear around cyber-security risks (20 percent) and lack of knowledge/understanding of what to purchase to solve small business issues (16 percent).

    Goals for an investment in technology include the ability to take a more proactive approach to market demand, better respond to customer needs and to drive more sales/growth.

Jeff Dickerson, DaySmart CEO, commented, "The digitization of the way we work and live has forced small business owners to rethink their manual methods - but that's not always an easy task. This survey validates the importance of having a holistic software solution that can make the transition to automated and digitized operations more efficient, and ultimately help small businesses grow faster than ever before."

Originally appeared in "Main Street Monday,"
Coleman Report, 28081 Marguerite Pkwy.,
#4525, Mission Viejo, CA 92690
 bob@colemanreport.com

 

 

[headlines]
--------------------------------------------------------------

Highlights Marlin Business Services Corp
Earnings Call Transcript (MRLN) Q2 2019 Results

 

Michael Bogansky, CPA,  SVP & CFO, Marlin Business Services:

 "Second quarter net income was $6.1 million or $0.49 per diluted share compared with $6.5 million or $0.52 per diluted share for the second quarter last year. As Jeff noted, second quarter net income was negatively impacted by $0.02 per share as a result of severance expense associated with the staff reorganization that we initiated in the quarter...We expect net annualized run rate expense savings of approximately $1 million associated with these actions, and we will begin to realize these savings in the third quarter of 2019."
  Page 4

"I would like to briefly provide some commentary on our overall strategic approach as it relates to asset sales. Our asset sales arise from three separate and distinct sources: First, we directly originate assets for sale in circumstances where the underlying transaction does not fit our balance sheet requirement. This could arise from a variety of factors including credit quality, loan size, term or interest rate. In these circumstances, we utilize our origination capacity to earn a gain on sale without utilizing the capital on our balance sheet, and our growth in this category in the current year is primarily driven by our acquisition of Fleet Financing Resources in 2018. This volume is reflected as assets originated for sale in the period and are included in total sourced origination.

"Second, we earn a fee for acting as an intermediary in transactions between the obligors and open investor. We do not provide recourse on these transactions and the assets are never held on our balance sheet. This volume is referred to as assets referred in the period and are included in total sourced originations.

"Lastly, we may sell Equipment Finance leases and loans from our portfolio to maximize capital efficiency or to capitalize our market opportunities. We would strategically evaluate the composition of our portfolio to assess asset to include in our syndication program based on the yield and credit profile in order to generate an acceptable return while minimizing the use of capital. Factors that could influence the amount and timing of these asset sales could include the mix of originations from lower yielding sources, strategic financing plans outside of Marlin Business Bank and general economic factors and market opportunities. We would generally hold these assets for a period of time prior to sale, and this volume would be presented in Equipment Finance originations upon closing and assets sold in the period upon sale."
   Page 5

Full Nine Page Earning Call Transcript
https://seekingalpha.com/article/4281354-marlin-business-services-corp-mrln-ceo-jeffrey-hilzinger-q2-2019-results-earnings-call?page=9

 

Help Wanted

 

[headlines]
--------------------------------------------------------------

 

[headlines]
-------------------------------------------------------------

The U.S. is reeling from two mass shootings this past weekend that saw 20 people killed in a Walmart store in El Paso, Texas, and nine shot dead in Dayton, Ohio. Both incidents follow another mass shooting last Sunday when a 19-year-old opened fire at the Gilroy Garlic Festival in California, killing three people and injuring around a dozen more before committing suicide.

According to the Gun Violence Archive, a not for profit corporation which was founded in 2013, over 80,000 Americans have been killed due to gun violence since 2014 while more than 157,000 more have been injured. 3,766 children and 16,069 teenagers have also been killed or injured by firearms over the same period.

By Niall McCarthy   Statista

https://www.statista.com/chart/18909/figures-related-to-gun-violence-in-the-us/

[headlines]
--------------------------------------------------------------

In Texas and Ohio where two mass shootings occurred at the weekend, military-style assault rifles and large capacity magazines are legal. In both shootings, in fact, the weapons used were acquired legally. The vast majority of U.S. states do not restrict the sale of military-style weapons and six states and the District of Columbia have banned them, according to the New York Times.

When it comes to large capacity magazines capable of holding up to 100 rounds, eight states and the District of Columbia have restrictions in place. In the states where the two mass shootings occurred, carrying rifles in public is also allowed. Six states and D.C. prohibit openly carrying rifles in public.

By Niall McCarthy, Statista

https://www.statista.com/chart/18924/states-without-a-ban-on-assault-rifles-and-large-capacity-magazines/

[headlines]
-------------------------------------------------------------

### Press Release ############################

LTi Technology Solutions ASPIRE v.5 Platform
 Adopted by Signature Financial LLC

OMAHA, Neb.,– LTi Technology Solutions, would like to announce that after extensive research into current lease and loan management systems, Signature Financial LLC will upgrade to LTi’s ASPIRE v.5 platform. Signature Financial, Signature Bank’s wholly owned equipment finance subsidiary, determined ASPIRE would be the most effective solution for handling its diverse market workflows and managing projected growth.

Signature Financial was formed in 2012, and quickly established itself as a leading specialty finance lender across multiple markets. Having grown significantly in seven years, Signature Financial sought a software platform that could manage its growth in multiple market channels, provide better workflow automation, and increase transparency for their customers. ASPIRE‘s end-to-end platform boasts many features that will facilitate better practices and processes for Signature Financial.

LTi Co-founder Randy Haug said, “A key factor in Signature Financial’s decision to upgrade with LTi was based on our proven, long­standing relationship. We have worked with Signature Financial’s core executive team in their various positions for more than 20 years.

“We have developed a genuine mutual respect for one another, which is derived from our collaborative relationship, coupled with LTi’s in-depth knowledge of Signature Financial’s business operations and processes. We are excited to continue working with Walter and his team.”

Walter Rabin, President and Chief Executive Officer of Signature Financial, added, “Randy and his team at LTi have been our trusted partner here at Signature Financial since our formation, providing software essential to the origination and servicing of more than $11 billion in new business over the past 7+ years. Upgrading to ASPIRE v.5 is consistent with our parent bank’s technology initiatives and will position us to confidently expand our enterprise in an efficient and secure manner.”

About Signature Financial
Signature Financial, LLC, is a wholly owned subsidiary of Signature Bank (NASDAQ:SBNY), a New York-based full-service commercial bank. Signature Financial provides specialty products and services, including equipment finance and leasing, transportation financing, franchise finance and commercial marine finance, from 34 locations nationwide. Signature Public Funding Corp., an affiliate of Signature Financial, provides tax-exempt municipal funding throughout the country.

About LTi Technology Solutions
LTi Technology Solutions, formerly LeaseTeam, Inc., delivers cutting-edge software and services to equipment finance companies throughout North America and the UK from its Omaha, Neb. headquarters. Backed by three decades of experience and expertise, LTi harnesses the collective intellect of its diverse team to solve critical business problems for customers every day. Its highly-configurable platform, ASPIRE, empowers users to effectively scale their business by streamlining the lease and loan transaction lifecycle. For more information, call (800) 531-5086 or visit www.ltisolutions.com.

#### Press Release #############################

Shepherd/Mix
Sacramento, California  Adopt-a-Dog

Django

42174922
Dog
Male/Neutered
Shepherd/Mix
1 year

Sacramento SPCA
6201 Florin Perkins Rd.
Sacramento, CA 95828
Main: (916) 383-7387

Contact Form:
https://www.sspca.org/post/contact-numbers

Adoption process for animals being placed out of foster homes may differ. please contact the email address listed on their bio with questions.

Hours
Adoption Center
Wed – Sun: 11 a.m. – 6 p.m.*
Closed Mon, Tues, and holidays

*Animal adoptions can take more than 30 minutes to complete. When visiting our adoption center please note that we do not begin new animal visitations or adoption applications after 5:30 p.m., but invite you to come back the next business day.

[headlines]
--------------------------------------------------------------

Attorneys Who Specialize in
Banking, Finance, and Leasing

Kenneth C. Greene California Leasing and Financial consultant, active in several leasing associations, as well as involved in music and film production in LA.  Mention "Leasing News" for a free consultation. 818.575.9095 Skype: 424.235.1658 ken@kengreenelaw.com	Connecticut, Southern New England:  EVANS, FELDMAN & BOYER, LLC Collections, litigation, documentation, portfolio sales and financing, bankruptcy. We represent many of the national and local leasing companies doing business in this state. Past chairman EAEL legal committee. Competitive rates.  email: rcfeldman@snet.net
Los Angeles/Santa Monica Hemar & Associates, Attorneys at Law Specialists in legal assistance, including debt collection, equipment recovery, litigation for 35 years. Fluent in Spanish.  Tel: 310-829-1948  email: phemar@hemar.com	David G. Mayer Partner, Dallas, Texas Schackelford, Bowen, McKinley & Norton  9201 N. Central Expressway Fourth Floor Dallas, Texas 75231 Telephone: (214) 780-1400 http://shackelfordlaw.net/attorneys/david-g-mayer/
Los Angeles, Southern CA  Seasoned attorney representing secured creditors in auto finance and truck/equipment lease industry.  Bankruptcy and State Court litigation.   Vincent V. Frounjian (818) 990-0605 or email: vvf@pacbell.net.	Encino, California: Statewide “ELFA”  Hemar, Rousso & Heald, LLP 30 yr excellent reputation Lessor representation commercial litigation, debt collection, and bankruptcy. Call Stephen E. Jenkins Esq (818) 501-3800
Los Angeles, Statewide: CA.     "ELFA" Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly cbasis. email:RGarwacki@prodigy.net	Los Angeles, Statewide: CA      "ELFA" Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call Ronald Cohn, Esq. (818)591-2121 or email. Email: rrcohn@aol.com
	California & National Paul Bent – More than 35 years experience in all forms of equipment leasing, secured lending, and asset based transactions. Financial analysis, deal structuring, contract negotiations, documentation, private dispute resolution, expert witness services.  (562) 426-1000 www.paulbent.attorney pbent@paulbent.attorney
Illinois   Kevin E. Trabaris: Concentrates his practice in the areas of commercial finance, corporate and business transactions. Extensive experience representing banks, financial companies, equipment lessors, insurers and other funding and intermediary entities and borrowers in connection with thousands of business financing matters. He has handled everything from small ticket transactions to billion dollar syndicated loans, real estate financing to asset-based facilities. Email:  ktrabaris@culhanemeadows.com Telephone:  847-840-4687 www.culhanemeadows.com	Massachusetts Joseph G. Bonanno, Esq., CLFP.  Transactional/Documentation. Past special industry consultant to The World Bank,  industry expert witness in litigation, appointed to Governor’s Counsel to adopt Articles 2A and 9 in Massachusetts, MA continuing legal education co-instructor,  past (5) Term Certified Leasing and Finance Professional Board Member, CLFP review instructor, numerous authored and co-authored published articles and conducting educational seminars. (781) 328-1010; law@jgbesq.com
National: Coston & Rademacher: Business attorneys serving the lease-finance industry since 1980. Transactional, documentation, corporate/finance, workouts, litigation, bankruptcy, portfolio management. Chicago-based national practice. Jim Coston, CLP (Members: ELFA, NEFA).  email: Jcoston@costonlaw.com Website:www.costonlaw.com	Michael J. Witt, experienced bank, finance, and leasing attorney, also conducts Portfolio Audits. Previously he was Managing Counsel, Wells Fargo & Co. (May, 2003 – September, 2008); Senior Vice President & General Counsel, Advanta Business Services (May, 1988 – June, 1997) Tel: (515) 223-2352 Cell: (515) 868-1067  E-mail: MWitt@Witt-Legal.com Web: www.witt-legal.com
St. Louis County , MO. - statewide:  Schultz & Associates LLP., collections, negotiation, and litigation. Also register and pursue recovery on foreign judgments. Contingency and reasonable hourly rates.  Ronald J. Eisenberg, Esq. (636) 537-4645 x108  reisenberg@sl-lawyers.com www.sl-lawyers.com	NJ, De, Pa: Specializing in leased equipment/secured transactions. Collections, replevins/workouts reasonable rates. Sergio Scuteri/Capehart & Scratchard, PAsscuteri@capehart.com / www.capehart.com
New York and New Jersey Frank Peretore Chiesa Shahinian & Giantomasi West Orange, New Jersey http://www.csglaw.com/ biographies/frank-peretore  Phone 973-530-2058 fperetore@csglaw.com  Documentation, portfolio purchase & sale, replevin, workouts, litigation, collection, bankruptcy. Aggressive. Over 30 years experience.	Thousand Oaks, California:  Statewide coverage Spiwak & Iezza, LLP 20+ years experience,Representing Lessors banks in both State/ Federal Courts/ all aspects of commercial leasing litigation. Nick Iezza 805-777-1175 niezza@spiwakand

News Briefs----

Japan Joins Exodus From China’s Factories as Tariffs Bite
Top Japanese companies are shifting production away from China
https://www.japantimes.co.jp/news/2019/08/05/business/japan-firms-join-exodus-chinas-factories-tariffs-bite/#.XUicint7ljU

Here’s where Marie Callender’s Restaurants closed Sunday
   in Southern California - to close more than 150 locations
https://www.ocregister.com/2019/08/05/heres-where-marie-callenders-restaurants-closed-sunday-in-southern-california/

Walgreens to close 200 U.S. stores, starting this fall
   already announced cuts of up to 750 stores
https://www.chicagobusiness.com/retail/walgreens-closing-200-stores

A Boeing 737 Max Test Flight
  Had its Ups and Downs
https://www.wired.com/story/boeing-737-max-test-flight-ups-and-downs/

Medical marijuana now legal in Louisiana
  Marine veteran/woman fighting cancer first legal patients
https://www.eastbaytimes.com/2019/08/06/medical-marijuana-now-legal-in-louisiana/

 

 

[headlines]
--------------------------------------------------------------

You May Have Missed---

Without Branches, Banks and Credit Unions Say They Can’t Survive
https://thefinancialbrand.com/86292/branches-banks-credit-unions-digital-banking-financial-advisor/?edigest

 

[headlines]
--------------------------------------------------------------

Baseball Poem---

The Red Sox Vs. The Ultimate Yankees

The Red Sox are in fame, hopefully not for the rest of the game          
The score is 8-4
Can the Sox score more?
Can the Yankees score?
Or will this game be a total bore
When the Sox beat the Yankees 8-4?

Nick Johnson just hit a home run and the score is 8-5
3 other players get on the bases as well.
Now, Jorge Posada is up at bat
He looks at all the Sox players, like they're little gnats.
He stands up straight
As the first pitch comes across the plate
The Ump calls a strike
And Torre on that first pitch, he does not like.
Posada continues the game and tries to put the Yanks into fame
He knows that all the Red Sox players are truly lame
So the next pitch comes and the ball is to aim
Right at the catcher’s glove
But because Posada is a catcher
Who said that it had to aim at the other catcher's mitt or bat?
As all the Yankee fans raise their Yankee hats
Of hope and belief that Posada is going to hit
Because 3 players are bases 1, 2, and 3
He can surely hit the ball into a grand slam
And everyone is watching and can see.
The pitch comes across the half way and Jorge does his
move
As he hits the ball, but at the bottom
Causing it to be a pop fly
But because Posada had such an erg to get the ball out of
the park
It had power, strength and belief in God
That all the fans including the Sox, had to, just had to nod
This ball was out of the park, and half way into New Jersey!
Former Yankee and now announcer Paul O'Neil said “Boy what a game!”
That hit surely put the Yankees into fame and proved that
the Sox are really lame!
They had a belief and that was in God
And on that hit everyone had to nod!
Boy what a game, what a game!

written by Bella Scorran

 

[headlines]
--------------------------------------------------------------

Sports Briefs---

49ers Shanahan reveals Garoppolo plan for exhibition season
https://www.mercurynews.com/2019/08/06/49ers-shanahan-reveals-garoppolo-plan-for-exhibition-season/

Tom Brady, Gisele Bundchen put Brookline, Mass.,
 home up for sale at $39.5 million
https://www.usatoday.com/story/sports/nfl/patriots/2019/08/06/tom-brady-new-contract-gisele-bundchen-put-massachusetts-home-market/1931273001/

[headlines]
--------------------------------------------------------------

California Nuts Briefs---

FBI opening domestic terrorism investigation
  into Gilroy Garlic Festival shooting
https://www.sacbee.com/news/state/california/article233583172.html?

California ammo background check law blocked 100-plus
   sales last month. Is it making the state safer?
https://www.latimes.com/california/story/2019-08-05/california-ammo-check-law-block-sales

More than 1,000 public pensions in California
  are so big they exceed IRS limits
https://www.sacbee.com/news/politics-government/the-state-worker/article233539467.html?

California’s largest recycling center closes,
   shuttering 300 redemption sites
https://www.eastbaytimes.com/2019/08/05/californias-largest-recycling-center-business-closes-shuttering-300-redemption-centers/

Downtown San Jose gas station is bought, hundreds of homes planned
https://www.mercurynews.com/2019/08/05/downtown-san-jose-gas-station-is-bought-hundreds-of-homes-planned/

[headlines]
--------------------------------------------------------------

“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

How a NYC-Based Restaurant Developed a Free Event
   to Educate Diners About Wine
https://www.foodnewsfeed.com/fsr/employee-management/how-nyc-based-restaurant-developed-free-event-educate-diners-about-wine

Wente Vineyards Announces New Packaging
    Across its Fine Wine Portfolio
https://www.winebusiness.com/newreleases/?go=getArticle&dataId=217700

Meet the bartender who’s served San Francisco
     5 million Irish coffees
https://www.sfgate.com/food/article/Meet-bartender-San-Francisco-Buena-Vista-Nolan-14278988.php

Award-winning Mother Lode vintner dies at 64
https://www.uniondemocrat.com/localnews/7338845-151/award-winning-mother-lode-vintner-dies-at-64

J. Lohr Looks to Elevate the Paso Robles AVA
https://www.shankennewsdaily.com/index.php/2019/08/05/23591/j-lohr-looks-to-elevate-the-paso-robles-ava

 

Free Wine App
https://www.nataliemaclean.com/mobileapp/

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

This Day in History

    1679 - The “Le Griffon,” a two-masted armored square-rigger built by the explorer Robert Cavelier, Sieur de La Salle, at Cayuga Creek, near the Niagara River in New York, was launched in the Great Lakes, the first such ship to sail here. It was of 60 tons burden and sailed Lake Erie and Lake Michigan. It sank on September 18, 1679, only a month in operation, during a gale in Mackinaw Strait, and is believed to be resting in Mississagi Strait, Manitoulin Island, Canada. Road transportation was very poor, and the best, fastest means of transportation of not only people, but supplies, was by water. The majority of the population lived around waterways. 
    1727 - French Ursuline nuns first arrived at New Orleans, where they set up the first Catholic charitable institution in America. It comprised an orphanage, a girl's school and a hospital
    1742 - Birthday of Nathaniel Greene (d. 1786), born at Patowomut, RI. A statue of him was placed at the US Capitol in 1870 by Rhode Island. Many historians rank him second only to Washington as a military leader. Born to a Quaker family, who organized the Kentish Guards, and his life is right out of movie “The Patriot,” which may have been based on his life. Some trivia facts, because of a stiff knee, the men would not let him lead the troops, so he followed with the general rank of soldiers. He worked his way up to brigadier general, then major general, and commandeered the army of occupation in Boston. He was chosen by Washington to run administration, a post he did not like, and resigned to replace General Horatio Gates, whose army had been badly beaten at Camden, S.C. By skill preparation and a series of brilliant maneuvers, according to historians, Greene push the British back into Charleston and Savannah (just like in the movie, “The Patriot”). Georgia was so grateful for his saving so many farms and lives they gave him a plantation near Savannah, were he went to live in 1785. 
http://memory.loc.gov/ammem/today/aug07.html
    1760 - In the French and Indian War (1754-1763), Captain Demere capitulated to the Cherokee Indians at Fort Loudon, Tennessee. He surrendered under condition that his troops be allowed to retreat unimpeded. On August 10, the garrison was ambushed and massacred by Indians while retreating to Fort Prince George in South Carolina. To fully understand the life in this period, American Indians were constantly fighting and killing each tribe, very similar to Africa in the last century, as they fought for dominance. Perhaps similar to European culture as the French, English, Germans, and Spanish for centuries warred with each other. The Indians, as did the Europeans, allied with the British, the French, the Dutch, especially if another tribe had aligned themselves with the opposing side. They also did not follow the European custom of war or truce, especially fighting what was then modern warfare of armor, cannon, rifles and horses, unknown to the Indians until introduced by the Spanish and English. All Indians were not to be trusted. Physically alcohol went right to their brain and soon they became very dependent on rum, whiskey, and wine, which they had never produced before.
    1782 - At Newburgh, NY, General George Washington ordered the creation of a Badge of Military Merit. It was the first honor badge for enlisted men and noncommissioned officers. The badge consisted of a purple cloth heart with silver braided edge. Only three are known to have been awarded during the Revolutionary War: Sergeants Daniel Bissell, William Brown and Elijah Churchill of Connecticut regiments, decorated on May 9, 1783, for singularly meritorious action in the Revolutionary War. They were entitled “to wear on facings over the left breast, the figure of a heart in purple cloth or silk, with narrow lace or bindings.” The award was re-instituted on the bicentennial of Washington's birth, Feb 22, 1932, and recognizes those wounded in action.
    1789 - The first lighthouse built after American independence was located at Cape Henry, Virginia at the entrance of Chesapeake Bay. The first lighthouse keeper was Laban Goffigan. The original fuel for illumination was fish oil, followed later by whale oil, colza oil, lard oil, kerosene, gas, and finally, electricity. With the advent of inexpensive radar, many lighthouses have been sold or demolished in the United States as too costly to maintain.
    1794 - The Whiskey Rebellion broke out in western Pennsylvania among farmers opposed to a federal excise tax on liquor passed in 1791. Farmers of Washington and Allegheny counties attacked federal officers. Washington issued a proclamation ordering the insurgents to go home and calling out a militia of 13,000 from four states. He issued another proclamation on September 24 and ordered the militia to suppress the uprising. “The report of the commissioners marks their firmness and abilities, and must unite all virtuous men, by shewing that the means of conciliation have been exhausted.” For a time, Washington led this force in person. By mid-November the trouble was over. Two men were convicted of treason but Washington pardoned them.
    1801 - The Great Religious Revival of the American West began at a Presbyterian camp meeting in Cane Ridge, Kentucky.
    1807 - The launch of the Clermont, a steamboat, designed by Robert Fulton, began its trip to Albany, NY. It made the 150-mile journey in 32 hours and returned in 30 hours, quite a feat in its day. The Clermont was the first steamboat to make regular trips.
    1847 - George Page, Washington, DC, received a patent for a plow for pulverizing the soil. Page's design used a revolving single disk on the side of the plow. This invention revolutionized farming.
    1849 - Wright and Co. of San Francisco asked Gov. Riley for permission to mint $5 and $10 gold coins to relieve money famine
    1852 - Birthday of Franklin L. Sheppard (d. 1930), Philadelphia.  Presbyterian organist and hymnbook editor. It was Sheppard who composed the hymn tune “TERRA PATRIS,” to which we sing "This is My Father's World."
    1856 - Justice Terry was released by the Committee of Vigilance and immediately took refuge aboard the Navy vessel "John Adams" in San Francisco Bay.
    1882 - Hatfields of south West Virginia and the McCoys of east Kentucky feud, 100 wounded or die.
    1887 - Birthday of pianist Charles Luckyth “Lucky” Roberts (d. 1968), Philadelphia, PA.
    1880 - Theophilius Van Kannel of Philadelphia, PA received a patent for a revolving door. The first building to install a revolving door was an office building in Philadelphia.
    1903 - Birthday of Rudol C. Ising (d. 1993), co-creator with Hugh Harmon of “Looney Tunes” and “Merrie Melodies,” at Kansas City, MO. Ising and Harmon's inital production, Bosko the Talk-Ink Kid(1929) was the first talkie cartoon synchronizing dialogue on the soundtrack with the action on screen. Ising received an Academy award in 1948 for “Milky Way,” a cartoon about three kittens. During World War II, he headed the animation division of the Army Air Forces movie unit developing training films.
- Birthday of Ralph Bunche (d. 1971), American statesman, UN official, the first African American Nobel Peace Prize recipient, at Detroit, MI.
    1904 - A flash flood near Pueblo, CO, washed a train from the tracks killing 89 passengers. A bridge, weakened by the floodwaters sweeping through the valley below, gave way under the weight of the train dashing all but the sleeping cars into the torrent drowning the occupants. Rail service was frequently interrupted in the Rocky Mountain Region and southwestern U.S. that summer due to numerous heavy downpours which washed out the railroad beds delaying trains as much as five days.
    1905 - The mercury soared to 127 degrees at Parker, AZ, to tie the state record established at Fort Mohave on the 15th of June in 1896.
    1910 - Pianist/Bandleader/Boogie Woogie Champ Freddie Slack (d. 1965) birthday, Westby, WI.
http://www.parabrisas.com/d_slackf.html
    1913 - Birthday of guitarist George Van Eps (d. 1998), Plainfield, NJ.
    1923 - Birthday of trumpet player Idrees Sulieman (d. 2002), St Petersburg FL.
    1918 - New York City's hottest day and night with 102 and 82 minimum. Philadelphia reached a record of 108..
    1929 - Babe Ruth ties record by hitting grand slams in consecutive games.
    1934 - US Court of Appeals upheld lower court ruling striking down government's attempt to ban controversial James Joyce novel "Ulysses."
    1936 - Birthday of saxophone player Rahsaan Roland Kirk (d. 1977), Columbus OH.
    1937 - Birthday of trombone player George Bohanon, Detroit MI. 
    1937 - Trumpet player Bunny Berigan Band records classic version of “I Can't Get Started.” (Victor 36208). It was released in a two side shellac and a large 12 inch shellac, due to his long and famous trumpet solo.
    1939 - Birthday of singer Ron Holden (d. 1997), Seattle, WA.
    1940 - Largest amount paid for a stamp at that time: $45,000 for one 1856 British Guiana.
    1941 - Birthday of sax player Howard Johnson, Montgomery, AL. 
    1942 - Birthday of singer B.J. Thomas, born in Hugo, OK.  His easy, middle-of-the-road style was featured on the million-sellers "Hooked on a Feeling" in 1968 and "Raindrops Keep Fallin' on My Head," from the movie "Butch Cassidy and the Sundance Kid," in 1970. In 1975, Thomas topped both the pop and country charts with "(Hey, Won't You Play) Another Somebody Done Somebody Wrong Song." He later concentrated on gospel, and more recently pure country material.
    1942 - The U.S. Marines Landed on Guadalcanal. The American offensive in the Pacific in World War II began at Guadalcanal, Solomon Islands, by the Marines under Lieutenant General Alexander Archer Vandergrift. The Marines landed at Floria, Gavutu, Guadalcanal, Tanambogo, and Tulagi. The overall commander was Vice Admiral Robert Lee Ghormley, South Pacific Commander. This was considered the turning point of the war as US Allies had to win this geography for defense purposes and to raise morale at home and on the European front.  It was a key strategy of the War in the Pacific that was documented at “Victory at Sea” with the music of Richard Rodgers.
    1943 - Birthday of singer Lana Cantrell, Sydney, Australia.
    1947 - Balsa raft Kon Tiki crashes into a Polynesian archipelago reef.
    1948 - Hank Williams made his first appearance on the "Louisiana Hayride" radio show over station KWKH in Shreveport. Although Williams was virtually an alcoholic, he was booked regularly on the show. And in 1949, came a contract with the Grand Ole Opry. Williams was fired from the Opry in 1952 because of his perpetual drunkenness.
 
  1949 - "Martin Kane, Private Eye" was first heard on Mutual radio. William Gargan starred on the Sunday afternoon program.
    1951 - Birth of Randy Shilts (d. 1994), Davenport, IA.  Gay San Francisco author and journalist whose groundbreaking books in the '80s exhaustively chronicled for the first time the spread of the AIDS epidemic and the Reagan Administration's deadly indifference to it.
    1953 - The first Navy-Marine Corps Medal for Heroism awarded to a woman was present to Staff Sergeant Barbara Olive Barnwell, of Pittsburgh, PA, Marine Corps Reserve, in Washington, DC. She saved Private First Class Frederick G. Romann form drowning on June 7, 1952, at Onslow Beach, Camp Lejeune, NC.
 1954 - Billboard magazine runs an article about Elvis Presley, calling him "a potent new chanter who can rock a tune for either the Country or the R&B markets."
    1956 - 57,000 people, the largest minor league baseball crowd in history, watched former Negro Leagues star and Major Leaguer Satchel Paige pitch of the Miami Marlins in an International League game against the Columbus Jets. The game was played at the Orange Bowl and Miami won.
    1957 - Paul Anka makes his first network TV appearance on “American Bandstand” where he performs his current hit, "Diana". 
    1959 - US satellite Explorer VI transmitted the first picture of Earth from space. For the first time, we had a likeness of our planet based on more than projections and conjectures.
    1963 - The film, “Beach Party,” with Frankie Avalon and Annette Funicello, opens in American theatres. Music is provided by Dick Dale and the Del Tones. 
    1963 - Jackie Kennedy becomes the  First Lady to give birth since First Lady Frances Cleveland (1893 and 1895).  Cleveland was 27 years younger than her long-time bachelor president-husband who she married in his first term.  He was defeated, but won the next election, the only president to do so). "Mrs. Kennedy gave birth to their third child, Patrick Bouvier Kennedy. He suffered from a serious lung ailment and was rushed to the Children's Hospital in Boston. Patrick died two days later and Mr. and Mrs. Kennedy grew closer as they grieved the death of their son. Sadly, another tragedy befell her as she was still recovering from this terrible loss. On November 22, 1963, President Kennedy and Mrs. Kennedy were in Dallas, Texas. As their car drove slowly past cheering crowds, shots rang out. President Kennedy was killed and Jacqueline Kennedy became a widow at age thirty-four. She planned the President's state funeral, which was watched by millions around the world who shared her grief and admired her courage and dignity." 
http://www.cs.umb.edu/jfklibrary/jbk-biography.html 
    1964 - Congress approved the Gulf of Tonkin Resolution,” pertaining to the war in Vietnam, which gave President Lyndon Johnson authority” to take all necessary measures to repel any armed attack against the forces of the United States and to prevent further aggression.”
    1965 - Herman's Hermits reached number one in the US with a silly little song called "I'm Henry VIII, I Am". The tune was actually written in 1911 and had been popularized by Cockney comedian Harry Champion. 
    1966 - Race riot in Lansing, Michigan.
    1966 - Third-Annual San Francisco South-of-Market and North Beach Children's Adventure Day Camp benefit with Quicksilver Messenger Service, Big Brother and the Holding Company, and The Grateful Dead held at Fillmore Auditorium. Gary Goodrow of The Committee was master of ceremonies.
    1970 - Christine McVie became the first female member of the British rock band Fleetwood Mac. McVie was the wife of the group's bass guitarist, John McVie, and had previously performed with the blues rock band Chicken Shack. Christine joined Fleetwood Mac shortly after one of the group's original members, Peter Green, had left. When Fleetwood Mac was formed in 1967, it played blues classics and blues-influenced original material. But after the departure of Green, the group began performing more melodic rock songs. The band's commercial breakthrough came with the 1975 album "Fleetwood Mac," which sold four-million copies.
    1970 - Four people, including presiding judge, killed in courthouse shootout in San Rafael, California. Police charged that Angela Davis provided weapons. 
    1970 - Jonathan Jackson (the younger brother of George) and three others killed in attempt to seize radio station in Marin County, Calif. to expose injustice.
    1971 - HAGEN, LOREN D., Medal of Honor.
Rank and organization: First Lieutenant, U.S. Army, Infantry, U.S. Army Training Advisory Group. Place and date: Republic of Vietnam, 7 August 1971. Entered service at: Fargo, N. Dak. Born: 25 February 1946, Fargo, N. Dak. Citation: 1st Lt. Hagen distinguished himself in action while serving as the team leader of a small reconnaissance team operating deep within enemy-held territory. At approximately 0630 hours on the morning of 7 August 1971 the small team came under a fierce assault by a superior-sized enemy force using heavy small arms, automatic weapons, mortar, and rocket fire. 1st Lt. Hagen immediately began returning small-arms fire upon the attackers and successfully led this team in repelling the first enemy onslaught. He then quickly deployed his men into more strategic defense locations before the enemy struck again in an attempt to overrun and annihilate the beleaguered team's members. 1st Lt. Hagen repeatedly exposed himself to- the enemy fire directed at him as he constantly moved about the team's perimeter, directing fire, rallying the members, and resupplying the team with ammunition, while courageously returning small arms and hand grenade fire in a valorous attempt to repel the advancing enemy force. The courageous actions and expert leadership abilities of 1st Lt. Hagen were a great source of inspiration and instilled confidence in the team members. After observing an enemy rocket make a direct hit on and destroy 1 of the team's bunkers, 1st Lt. Hagen moved toward the wrecked bunker in search for team members despite the fact that the enemy force now controlled the bunker area. With total disregard for his own personal safety, he crawled through the enemy fire while returning small-arms fire upon the enemy force. Undaunted by the enemy rockets and grenades impacting all around him, 1st Lt. Hagen desperately advanced upon the destroyed bunker until he was fatally wounded by enemy small arms and automatic weapons fire. With complete disregard for his personal safety, 1st Lt. Hagen's courageous gallantry, extraordinary heroism, and intrepidity above and beyond the call of duty, at the cost of his own life, were in keeping with the highest traditions of the military service and reflect great credit upon him and the U.S. Army.
    1971 - After having half-a-dozen Top 20 hits in the US, The Bee Gees finally scored their first number one with "How Can You Mend a Broken Heart". Barry and Robin Gibb had written the song for crooner Andy Williams, but he turned it down. 
    1972 - Yogi Berra, Sandy Koufax, Lefty Gomez and Early Wynn were among eight players inducted into the Baseball Hall of Fame.  Koufax, age 37, became the youngest ever to be inducted.
    1976 - No. 1 Billboard Pop Hit: "Don't Go Breaking My Heart," Elton John & Kiki Dee. The song is the first on which John sings to hit No. 1 on the British charts.
    1981 - After 128 years of publication, "The Washington Star" ceased operation. Only one daily newspaper remained to serve the nation's capital: "The Washington Post."
    1984 - Jim Deshales becomes 1,000th playing Yankee.
    1985 - Barbara Streisand records "The Broadway Album." 
    1986 - A judge in Los Angeles dismissed a lawsuit against heavy metal rocker Ozzy Osbourne by the parents of a teenage suicide victim. The 19-year-old youth killed himself while listening to Osbourne's "Suicide Solution."
    1986 - No. 1 Billboard Pop Hit: "Glory of Love," Peter Cetera. Cetera was a member of the group Chicago until 1982.
    1987 - "Back to the Beach" opened at theatres around the country. The film reunited Frankie Avalon and Annette Funicello, who played middle-aged parents with rebellious kids -- kids like Frankie and Annette had played in their "Bikini Beach" movies in the 1960s.. 
    1988 - Thirty-eight cities in the north central and northeastern U.S. reported record low temperatures for the date. Youngstown, OH, hit 100 degrees, and for the second day in a row, Flint, MI, reached 101 degrees, equaling all-time records for those two cities.
    1989 - Phoenix records the 62nd straight day with 100 degree plus temperatures, setting a new record. Twenty-four cities, mostly in the southwestern U.S., reported record high temperatures for the date. Afternoon highs of 105 degrees at Cedar City, UT, and 114 degrees at Moab, UT, were all-time records for those locations
    1990 - Five days after the Iraqi invasion of Kuwait, US President George Bush ordered the military buildup that would become known as Desert Shield to prevent further Iraqi advances. This was a watershed day in the Middle East. Iraq announced that it had annexed the kingdom of Kuwait, moving over 200,000 troops into the tiny, oil-rich country. As Iraq declared Kuwait to be its 19th Providence, U.S. President George Bush (I) warned Iraqi President Saddam Hussein, “A line has been drawn in the sand.” An ordered trade and financial boycott had not worked and American forces began moving into Saudi Arabia. On August 9, a naval blockade would begin and by November 8, 230,000 American troops would be in Saudi Arabia. CNN would bring us the war “live” and the “see all, expose all” of satellite transmissions would bring instantaneous sight and sound to the entire world. The BBC had been doing this for years, building a worldwide audience, but CNN would bring dramatic pictures and “You Are There.”
    1991 - A last-minute entry that didn't have the opportunity to play a practice round, John Daly won the PGA Championship at Crooked Stick Golf Club in Indiana by three strokes over Bruce Lietzke. Daly endured a wealth of personal problems in the ensuing years, including marital difficulties and alcoholism. but he continued to thrill tournament crowds with his prodigious drives and his “grip it and rip it” approach to the game.
    1995 - Alanis Morissette's biting "You Oughta Know" soars to No. 1 on Billboard's Modern Rock chart and is the most requested tune on rock radio.
    1997 - Garth Brooks played to a crowd estimated at between 250,000 and 900,000 -- with an HBO audience of more than 15 million. The crowd at the free concert, was the largest ever for a concert in New York's Central Park. Said Garth of the preparations required, “We rehearse indoors at a place here in New York. Then we rehearse with no sound for the camera guys, so they will hopefully be in the vicinity of what's going on. And then the rest of it's really, man, just fly by the seat of your pants. You know, once the show starts, all the rules are out the window.” Police estimated 250,000 were there - the promoters said the crowd was three times that size. Billy Joel and Don McLean made guest appearances. The show was meant to coincide with the release of Brooks' album "Sevens," but because of a dispute between the singer and his record company, EMI, it didn't come out until three months later.
    1998 - A pair of major explosions near U.S. embassies in Kenya and Tanzania killed 224 people, including 12 Americans. “Clearly, this is a terrorist attack,” U.S. State Department spokesman Lee McClenny said.
    2001 - "Black Betsy," Shoeless Joe Jackson's 40-ounce warped hickory bat, is won by 30-year-old businessman Rob Mitchell in a 10-day eBay auction. The $577,610 price tag is believed to be the largest amount ever paid for a baseball bat.
    2003 - Albert Pujols joins Jose Canseco as the only other player in Major League history to hit 30 home runs and drive in 100 runs during his first three seasons.
    2014 – By court order, student athletes can now profit from the commercial use of their names and images.  NCAA had previously retained all revenues from such deals but students will now have profits placed in trust to be received upon leaving school.
    2014 – Former Reagan press secretary James Brady died at age 73.  Brady’s death was ruled a homicide due to a gunshot made 33 years earlier by John Hinckley who was found to be insane.  Hinckley had attempted to assassinate President Reagan.