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Monday, July 20, 2020


Today's Leasing News Headlines

Alexa Ranks Leasing Association Web Sites
    July 20, 2004
Post a Free Classified Job Wanted
    100 Word Maximum Free Listing
Top Ten Leasing News
    July 13 - July 17
US Delinquency Rates by Property Type
    Month-over-month delinquency rates by major property type
Cashflow Placard
   #1
Leasing/Finance/Business Loan Schools
    Several Have Many Long Term Programs
US COVID cases
   Chart
California DBO to Monitor Compliance
    with Face Covering Guidance
Net interest margin dropped 29 bps for banks
    and 21 bps for credit unions in Q1 2020
Webinar on Best Practices for Virtual Business Meetings
    During Pandemic and Beyond
Coonhound/Bluetick Coonhound Mix
    Portland, Oregon -  Adopt-a-Dog
Leasing News Industry
   Help Wanted/Banner Ads/Display Ads
News Briefs---
There are no ICU beds available
    at 49 Florida hospitals
Fauci holds up New York as model for fighting coronavirus
    — ‘They did it correctly’
Portland mayor responds after Trump says city 'lost control':
    'A direct threat to our democracy'
Wild video shows people flooding Astoria’s
    Steinway Street without masks

You May have Missed---
Lender Alert: Commercial Finance Disclosure Legislation
    In New York State Merits Watching

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months

www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device


  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
      SuDoku
       Daily Puzzle
        GasBuddy
         Weather, USA or specific area
          Traffic Live----

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.



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Alexa Ranks Leasing Association Web Sites
July 20, 2004

Rank

7/16/2004

06/17/2004

 

WEBSITE NAME

1.

87,401

96,839

  www.aba.com American Bankers Association
2.

123,226

118,569

  www.leasingnews.org  Kit Menkin's Leasing News
3.

196,195

144,833

  www.elaonline.com Equipment Leasing Association
4.

218,743

224,133

  www.nacha.org The Electronic Payments Association
5.

268,819

220,945

  www.monitordaily.com Monitor Daily
6.

388,877

315,101

  www.Leasingpress.com Leasing Press
7.

429,739

503,080

  www.ibaa.org Ind Community Bankers of America
8.

564,387

578,419

  www.cfa.com  Commercial Finance Association
9.

631,934

500,865

  www.uael.org  United Association of Equipment Leasing
10.

908,220

592,514

www.naelb.org  National Assoc. of Equip Leasing Brokers
11.

919,954

1,293,598

  www.iicl.org  Institute of International Container Lessors
12.

930,468

809,419

  www.us-banker.com  U.S.Banker
13.

953,419

710,473

  www.nvla.org National Vehicle Leasing Association
14.

1,007,314

1,022,962

  www.executivecaliber.ws  Exec Caliber-Jeffrey Taylor
15.

1,309,119

703,599

  www.leasefoundation.org Equip. Leasing & Fin Fndn
16.

1,742,277

1,142,410

  www.leaseassistant.org Lease Assistant
17.

2,405,309

2,446,035

  www.eael.org Eastern Association of Equipment Leasing
18.

2,444,072

1,282,752

  www.lessors.com  eLessors Networking Association
19.

2,488,365

4,914,446

  www.nationalfunding.org The National Funding Assoc
20.

3,061,419

3,114,349

  www.aglf.org  Assoc of Government Leasing  Financing
21.

3,412,468

3,598,580

  www.efj.com Equipment Financial Journal
22.

3,665,493

3,730,853

  www.clpfoundation.org   CLP Foundation
23.

5,309,193

5,411,405

  www.mael.org Mid-America Association of  Equip Lessors
24.

No Data

No Data

  www.leasecollect.org Lean -Lease Enforcement Att Net
 


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Post a Free Classified Job Wanted
100 Word Maximum Free Listing

Write a free 100 word maximum classified ad. You can use a Gmail or Yahoo free email listing for responses.

Email: kitmenkin@leasingnews.org with a free 100 word maximum classified ad.

http://leasingnews.org/Classified/Jwanted/Jwanted.htm

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Top Ten Leasing News
July 13 - July 17

(Stories most opened by readers)

(1) Marlin Business Services Lets Go Another 25 Employees
    Form 8-K Notice
http://leasingnews.org/archives/Jul2020/07_17.htm#marlin

(2) Leasing Veteran Neil Roth Passes Away
http://leasingnews.org/archives/Jul2020/07_15.htm#roth

(3) Balboa Capital Added to Good Guys: Companies
    Who Notify Lessee in Advance of Lease Expiration
http://leasingnews.org/archives/Jul2020/07_09.htm#balboa

(4) New Hires/Promotions in the Leasing Business
    and Related Industries
http://leasingnews.org/archives/Jul2020/07_17.htm#hires

(5) Banks Prepping for Major Losses on Loans
     Loan-Loss Provisions Last 3 Months 4 Major Banks
http://leasingnews.org/archives/Jul2020/07_15.htm#banks

(6)And You Thought There Was Stress in Your Life
    Placard
http://leasingnews.org/archives/Jul2020/07_17.htm#placard

(7)Who Says Women Are Smarter than Men?
    Placard
http://leasingnews.org/archives/Jul2020/07_09.htm#placard

(8) July 15, 2002 Leasing News Archive
    “Bad Times Get Worse-Layoffs Last Longer”
http://leasingnews.org/archives/Jul2020/07_15.htm#ln_archives

(9) Salespeople Are Different
    By Brian Link
http://leasingnews.org/archives/Jul2020/07_09.htm#different

(10) American Passports Are Worthless Now (Map)
    Oh the places you can’t go
https://medium.com/@indica/the-plague-states-of-america-53b20678a80e

 


 

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(click image for larger view)

VisualCapitalist.com

 


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Leasing/Finance/Business Loan Schools
  Several Have Many Long Term Programs
(For our "Financial and Sales Training" list, please click here)

Commercial Capital Training Group
Equipment Broker School
Global Leasing
Wheeler Leasing School

Full Listing:
http://leasingnews.org/Conscious-Top%20Stories/School-Franchisors.htm

 

[headlines]
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Although it looked for a while like the United States had already seen the peak of the COVID-19 crisis in terms of new cases in April, a new surge has brought a string of far higher one day figures since around the end of June - a trend which Dr. Anthony Fauci has described as "disturbing," originally citing "increased community spread" in a number of southern and western states as the main driving factor. Looking ahead, Fauci has also warned the U.S. Senate that he would not be surprised if daily cases hit the 100,000 mark in the near future.


By Martin Armstrong, Statista

 



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

California DBO to Monitor Compliance
with Face Covering Guidance

Licensees of the California Department of Business Oversight should be commended for the many difficult sacrifices and the safety measures they have taken to protect consumers and employees from the COVID-19 coronavirus.

Now, in accordance with Governor Newsom’s directive on face coverings, the DBO reminds all licensees to make sure employees and customers fully comply at all times with the latest guidance on face masks from the Governor and the California Department of Public Health (CDPH).

All customers must be required to wear appropriate face coverings in the circumstances outlined in the CDPH guidance. Those who refuse to wear masks and do not meet the exemptions outlined by CDPH should not be allowed to enter banks, credit unions, and other places of business.

As the Governor noted, the DBO and other state agencies will be monitoring compliance with the face-covering guidance, which will remain in effect until further notice. The DBO recognizes that enforcement of the face-mask guidance may be difficult at times and appreciates licensees’ help with this critical effort to protect all Californians during this historic crisis. Please send any questions to Ask.DBO@dbo.ca.gov.

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

 

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

Net interest margin dropped 29 bps for banks
and 21 bps for credit unions in Q1 2020.

SAN FRANCISCO - In the first 3 months of this year alone, Net Interest Margin (NIM) dropped 29 bps for banks, according to the FDIC Quarterly Report, and 21 bps for credit unions, based on the NCUA Quarterly Report. As of Q1 2020, banks are operating with an average NIM of 3.13%, and credit unions with an average NIM of 2.95%.

This drastic decline in Net Interest Margins is largely attributed to lack of rate optimization of deposits relative to the economic environment. Case in point - in Q1 of this year, customers and members deposited five times the amount they normally do due to their rising money anxiety caused by the economic uncertainty. The $1.2 trillion influx of "Mattress Money" (Hoarding for emergency) in the first 3 months of this year, has a different rate elasticity factor than regular savings.

The Money Anxiety Theory, which was developed by Dr. Dan Geller during the 2008/2009 financial crisis, states that during economic uncertainty, when the level of money anxiety increases, people reduce their spending and increase their savings. Moreover, the additional bank deposits goes to liquid accounts because it provides people with immediate access to the money in case of a financial need. This behavior is called "Mattress money" in behavioral economics because it resembles what people used to do before bank deposits were federally insured.


Dr. Dan Geller, the developer of the Theory of Money Anxiety and the President of Analyticom, commented, “I anticipated this behavior ever since I observed the same phenomenon during the 2008/2009 financial crisis," said. "I presented the Theory of Money Anxiety in numerous banking conferences, and even had the opportunity to discuss the theory with the FDIC Chairman Jelena McWilliams. I think that the current validation, and future application, of the Theory of Money Anxiety will help the banking sector improve its financials."

The Theory of Money Anxiety is featured in the study on the Dynamics of Yield Gravity and the Money Anxiety Index, which has been peer reviewed and published in the Journal of Applied Business and Economics. The study, coauthored by Dr. Dan Geller and Professor Nahum Biger, shows how the same phenomenon of hoarding money in liquid banking accounts occurred during the 2008/2009 financial crisis. Moreover, the study shows how consumers are willing to forgo five times higher interest rates on their deposits in return for immediate access to their money.

About Analyticom LLC
Analyticom LLC is a behavioral economics research firm specializing in the application of behavioral economics in financial decisions. The company is a pioneer in the study of behavioral economics in financial decision. For the first time ever, a scientific study co-authored by Dr. Dan Geller, the founder of Analyticom LLC, shows the impact of money anxiety on financial decisions. The study, Dynamics of Yield Gravity and the Money Anxiety Index has been peer reviewed and published in the  Journal of Applied Business and Economics and was presented by Dr. Geller in a keynote address at the Banking Analytics Symposium, and at the International Conference on Business and Economic Development.

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

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

Webinar on Best Practices for Virtual Business Meetings
During Pandemic and Beyond

MT ROYAL, NJ,  —Susan Carol Creative in conjunction with the Association for Governmental Leasing and Finance (AGLF) plans to offer a webinar about webinars—to provide best practices in bringing people together virtually for business purposes. The program, titled “Virtual Event Strategies for Valuable Connection During the Pandemic and Beyond,” is set for this Thursday, July 23 from 2-3 p.m. Eastern.

Registration is open to nonmembers who are executives active in equipment leasing and finance. Register at https://zoom.us/webinar/register/WN_-bo9VZb9Qy6VdeCqhRWJzQ


Presenters are Susan Carol, CEO of Susan Carol Creative, and


Gayane Minasyn, an agency associate who specializes in digital marketing and virtual event management.

Carol has decades of experience in the world of equipment finance communications and will address how to make webinar programming rewarding by planning for and promoting such events effectively.
Minasyn is a seasoned digital and web marketing executive who has managed many types of virtual events ranging from company webinars to professional conventions for nonprofit associations. She will cover the selections in technology, security and features in the popular Zoom platform and show what enables smooth production.


David Roeder, AGLF Board Chair, suggested the idea for this webinar. “Virtual meetings and gatherings will be a predominant way of conducting business and maintaining connections for some time, and how to do them professionally and productively will be key,” he said.

This seminar is ideal for senior executives concerned with business development, sales, networking, business culture, and internal or external communications. 

About the AGLF
AGLF is a nonprofit association whose membership is comprised of companies actively engaged in the lease-purchase and private-placement financing of real and personal property to state & local governments, the federal government, and nonprofit corporations. AGLF was founded in 1981, and its mission is to improve the business conditions of its sector by providing members with networking and educational opportunities, together with business activity reports and compilations of relevant legislation AGLF members are located throughout the United States, and consist of banks, leasing companies, independent lease brokers, equipment & vehicle providers, investment banking firms, placement agents, law firms, rating agencies, bond insurers, and municipal advisors.  More at AGLF.org.

About Susan Carol Creative
Susan Carol Creative has strong fundamentals in public relations, editorial services and creative design. Founded in 1989 the Virginia-based firm has proven success in business-to-business public relations and marketing communications with significant concentration in commercial finance, technology and healthcare markets. More at SCAPR.com.

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


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Coonhound/Bluetick Coonhound Mix
Portland, Oregon -  Adopt-a-Dog


Gus
Male
18 months old
61 pounds

Gustoph here, but you can call me Gus! I’m an active dude who likes to have a good time. Playtime is my time, know what I mean? I’m smart and happy to learn but I listen like hound, catch my sniff. That also means obedience class will be really beneficial. Cats and small critters are no go in my book. But I do well with the other BIG dogs here and love some good rough and tumble play time, and I’m sure I could dig being around sturdy children 12+ that are gonna be able to handle a dude like me. I’ve got a great start on my house training and even am doing okay with crates here too! Anyway, enough about me, I want to get away from this darn computer and go back out in the yard so I can play!!!

18 months old-61lbs. My adoption fee is $240 and includes: neuter, microchip, 1 month pet health insurance, reduced-cost training class, free vet exam, leash/collar, toy & treat packet, food sample.

Family Dogs New Life Shelter
9101 SE Stanley Ave
Portland, OR 97206
503) 771-5596
https://www.familydogsnewlife.org/

Our meet & greets/adoptions are done during the following hours:
We will be open regular hours 7/4.

Saturday: 11am to 6pm
Sunday: 12pm to 6pm
Monday: 12pm to 6pm
Tuesday: CLOSED
Wednesday: 12pm to 6pm
Thursday: CLOSED
Friday: CLOSED

Last meet & greet is done at 5:30pm.
*These are temporary hours in response to COVID-19

 

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Leasing Industry Help Wanted

[headlines]
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News Briefs----


There are no ICU beds available
    at 49 Florida hospitals; down from 56 two weeks ago
https://www.cnn.com/world/live-news/coronavirus-pandemic-07-19-20-intl/h_4568646d74f57c7a13f0215b05bb0054

Fauci holds up New York as model for fighting coronavirus
    — ‘They did it correctly’. (over 32,000 deatrhs in New York)
https://www.cnbc.com/2020/07/18/fauci-holds-up-new-york-as-model-for-fighting-coronavirus-they-did-it-correctly.html

Portland mayor responds after Trump says city 'lost control':
    'A direct threat to our democracy'
https://www.nbcnews.com/politics/donald-trump/direct-threat-our-democracy-portland-mayor-responds-after-trump-says-n1234314

People in Queens flood street
https://nypost.com/2020/07/18/video-shows-people-in-queens-flooding-streets-without-masks/


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You May Have Missed---


Lender Alert: Commercial Finance Disclosure Legislation

    In New York State Merits Watching ​
https://www.sfnet.com/home/industry-data-publications/the-secured-lender/magazine/tsl-article-detail/lender-alert-commercial-finance-disclosure-legislation-in-new-york-state-merits-watching


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Sports Briefs---

Opinion: NFL had the most time to deal with COVID-19
    and appears to have done the least
https://www.usatoday.com/story/sports/columnist/dan-wolken/2020/07/19/nfl-lacks-clear-covid-19-plan-despite-having-most-time/5468596002/

Mark Davis won’t attend Raiders home games if fans can’t
http://www.theredzone.org/Blog-Description/EntryId/82590/Mark-Davis-won-t-attend-Raiders-home-games-if-fans-can-t

Mahomes, Brees and More Tweet on NFL
   Not Following COVID-19 Safety Guidelines
https://bleacherreport.com/articles/2900801-brees-watt-more-players-tweet-on-nfl-not-following-covid-19-safety-guidelines

Who is the Fastest Quarterback in the NFL?
https://gamedayr.com/who-is-the-fastest-quarterback-in-the-nfl/

Sacramento’s entry into Major League Soccer
     delayed one year due to coronavirus
https://www.sacbee.com/news/local/article244302932.html?


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California Nuts Briefs---

Gov. Newsom orders most California schools to stay closed
     until coronavirus spread lessens
https://www.sacbee.com/news/politics-government/capitol-alert/article244301752.html?

With costs rising for BART extension, critics question
    $500 million plan for ‘redundant’ Santa Clara segment
https://www.mercurynews.com/2020/07/19/with-costs-rising-for-bart-extension-critics-question-500m-plan-for-redundant-santa-clara-segment/

Wanna get away? Where Californians can
     — and can’t — travel right now
https://www.mercurynews.com/2020/07/17/wanna-get-away-where-californians-can-and-cant-travel-right-now/

In a first, Latinos represent largest group of freshmen
    admitted to University of California
https://www.sacbee.com/news/politics-government/capitol-alert/article244284677.html?


[headlines]

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“Gimme that Wine”

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

California North Coast vintners should shift marketing
    to survive until economy recovers in 2022-2023, experts say
https://www.northbaybusinessjournal.com/article/industry-news/california-north-coast-vintners-should-shift-marketing-to-survive-until-eco/

Wine.com sales top $100 million
     in first quarter of Fiscal Year 2021
https://www.globenewswire.com/news-release/2020/07/16/2063377/0/en/Wine-com-sales-top-100-million-in-first-quarter-of-Fiscal-Year-2021.html

Behind the Wines with Elaine Chukan Brown
    | Eric Asimov, Chief Wine Critic of the New York Times
https://www.youtube.com/watch?v=5e7K-SNtK2Y&feature=youtu.be

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

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

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

This Day in History

    1591 - Anne Marbury was baptized in Alford, England. America's first female religious leader, she was the daughter of an outspoken clergyman silenced for criticizing the Church of England. Better educated than most men of the day, she spent her youth immersed in her father's library. At twenty-one, Anne Marbury married Will Hutchinson and began bearing the first of their fifteen children. She became an adherent of the preaching and teachings of John Cotton, a Puritan minister who left England for America.
http://memory.loc.gov/ammem/today/jul20.html
    1848 - The Seneca Falls Convention convened for a second day. On the previous day, convention organizer Elizabeth Cady Stanton had read the "Declaration of Sentiments and Grievances." In the process of reviewing a list of attached resolutions, a group united across the boundaries of gender and race to demand women's right to vote in the United States.
(second part of: http://memory.loc.gov/ammem/today/jul20.html )
    1858 - Approximately 1,500 baseball fans were charged 50 cents each to watch a baseball game between the New York All-Stars and a Brooklyn team at Fashion Race Course on Long Island.  This is the first record of a “commercial” game of baseball as admission was charged for the first time. In a prelude to the next century, New York beat Brooklyn 22-18.
    1861 – The Congress of the Confederate States of America held its first session, in Richmond, VA.
    1864 – During the Battle of Peachtree Creek near Atlanta, Confederate forces under Gen. John Bell Hood unsuccessfully attacked Union forces under Gen. William Tecumseh Sherman.
    1874 - General George Custer and the first official exploring expedition enters Black Hills with 110 wagons and 1,000 men, in direct violation of a treaty of 1868 that barred whites from sacred hills.  He was out to make a name for himself in history.
    1874 – The largest recorded swarm of locusts descended upon the Great Plains as an estimated 124 billion insects formed a swarm of 1800 miles long and 110 miles wide from Canada and the Dakotas to Texas.  The sun was blocked and farms were devastated within minutes.  This continued for the next several years, albeit smaller, resulting in an estimated $200 million in crop destruction.
    1889 – Birthday of Virginia O’Hanlon (d. 1971), NYC.  She was a teacher and principal best known as a disheartened 8-year-old who asked the staff of the New York Sun whether Santa Claus existed.  Francis P. Church responded in an editorial that, yes, indeed, “there was a Santa Claus.”
    1901 - Henry Emmett "Heinie" Manush (1901-1971) was born in Tuscumbia, AL.  Manush spent 17 seasons in the Majors, playing for the Tigers, Browns, Senators, Red Sox, Dodgers and Pirates to a career .330 batting average. He won the AL batting title in 1926.  Manush was elected to the Baseball Hall of Fame in 1964.
    1903 – Ford Motor Company shipped its first car.  Henry Ford's first attempt at a car company under his own name was the Henry Ford Company in 1901, which became the Cadillac Motor Company in 1902, after Ford left with the rights to his name.  The Ford Motor Company was launched in a converted factory in 1903 with $28,000 in cash from twelve investors, most notably The Dodge Brothers (who would later found their own car company). During its early years, the company produced just a few cars a day. Groups of two or three men worked on each car, assembling it from parts made mostly by supplier companies contracting for Ford. Within a decade, the company would lead the world in the expansion and refinement of the assembly line concept, and Ford soon brought much of the part production in-house in a vertical integration that seemed a better path for the era.
    1911 – Frank Schulte hit for the cycle to help the Cubs top the Phillies, 4-3. He ends the year as the first player ever to top the 20 mark in doubles, triples, homers, and stolen bases. Only Willie Mays in 1957 matched him in the 20th century; the feat will be matched twice in 2007, by Curtis Granderson and Jimmie Rollins.
    1920 – Elliot Richardson (1920-99) was born in Boston.  A member of the cabinets of Presidents Nixon and Ford, and as Attorney General, he was a prominent figure in the Watergate scandal.  Rather than obey President Nixon's order to fire special prosecutor Archibald Cox, he resigned in what has become known as the Saturday Night Massacre.
    1922 - Alto/tenor sax player/arranger Ernie Wilkins (1922-99) was born in St. Louis, MO.  Perhaps best known for his Count Basie arrangements.
http://www.harlem.org/people/wilkins.html.
http://elvispelvis.com/erniewilkins.htm
    1930 - The temperature at Washington, D.C. soared to an all-time record of 106 degrees. The next day, Millsboro reached 110 degrees to set a record for the state of Delaware. July, 1930 was one of the hottest and driest summers in the U.S., particularly in the Missouri Valley where severe drought conditions developed. Toward the end of the month, state records were set for Kentucky with 114 degrees, and Mississippi with 115 degrees.
    1932 – In the Nation’s Capital, police fired tear gas on World War I veterans, part of the Bonus Expeditionary Force, who attempt to march to the White House.
    1934 - 118ø F (48ø C), Keokuk, Iowa (state record)
    1934 – In Minneapolis, police fired upon striking truck drivers during the Minneapolis Teamsters Strike of 1934, killing two and wounding sixty-seven.
    1934 - In Seattle, police fired tear gas on and club 2,000 striking longshoremen. The Governor of Portland, OR called out the National Guard to break a strike on the Portland docks.
    1938 - The Justice Department filed suit in New York against the motion picture industry charging violations of the Sherman Antitrust Act in regards to the studio system. The case would eventually result in a break-up of the industry in 1948.
    1938 – Natalie Wood (1938-81) was born Natalie Zacharenko in San Francisco.   Her screen roles include “Miracle on 34th Street,” “Splendor in the Grass,” “Rebel Without a Cause,” and “West Side Story.”  After first working in films as a child, Wood became a successful Hollywood star as a young adult, receiving three Academy Award nominations before she was 25 years old.  Wood drowned near Santa Catalina at the time her last film, “Brainstorm” (1983), was in production with co-star Christopher Walken. Her death was declared an accident for 31 years; in 2012 after a new investigation, the cause was reclassified as "undetermined."
    1938 – Johnny Mize of the Cardinals hit three home runs in a game for the second time this season, in a game against the New York Giants.  “Big Cat” holds the Major League record for the most 3-homer games, a feat he performed 6 times. He is also the only player to do it in both leagues. He finished his career with 359 round trippers and was elected to the Hall of Fame in 1981.
    1939 - Birthday of Judy Chicago, born Judith Sylvia Cohen, in Chicago.  An artist who encourages women to do what she did, assimilate female imagery into their art work, she established educational programs for women, was one of the founders of the Los Angeles Feminist Studio Workshop which, among other things, opened the Woman's Building, and creator of a number of exciting woman-related images and sculptures.
http://www.indiana.edu/~scsweb/jchicago/chicago_cu2.jpg
http://www.judychicago.com/
http://www.npr.org/programs/atc/features/2002/oct/chicago/
    1940 - The first pop music record charts for single songs were published by the music grade newspaper “Billboard.”  The first Number One song was Tommy Dorsey's “I'll Never Smile Again,” sung by Frank Sinatra.
    1940 – California’s first freeway opened, the Arroyo Seco Parkway.  Formerly known as the Pasadena Freeway, it connects LA and Pasadena alongside the Arroyo Seco seasonal river. It became a part of new alignment of US Route 66.  A groundbreaking ceremony in South Pasadena on March 22, 1938 commenced construction and generally progressed from Pasadena southwest. The road remains largely as it was on opening day and it now carries the designation State Route 110. In 2010, as part of plans to revitalize its scenic value and improve safety, Caltrans renamed the roadway back to its original name
    1944 - President Franklin D. Roosevelt was nominated for an unprecedented 4th term at the Democratic convention.   Harry S. Truman of Missouri was nominated for Vice-President.  At the end of June, the Republican National Convention nominated Thomas E. Dewey, Governor of New York for the presidency and Gov. John W. Bricker of Ohio for the vice-presidency.
    1944 - The Browns’ Nels Potter became the first pitcher suspended for throwing spitballs. He was banned for 10 days for allegedly "putting an illegal substance on the ball." Potter will return and win 19 games for St. Louis.
    1945 - Top Hits
“Dream” - The Pied Pipers
“The More I See You” - Dick Haymes
“Sentimental Journey” - The Les Brown Orchestra (vocal: Doris Day)
“Stars and Stripes on Iwo Jima” - Bob Wills
    1946 – 13-year-old Petula Clark made her first appearance on British TV
    1947 - Carlos Santana was born Autlan de Navarro, Jalisco, Mexico     
    1947 – Hank Thompson played 2B while Willard Brown played CF for the St. Louis Browns against the Red Sox. It was the first time that two black players appeared in the same Major League lineup.
    1948 - An unprecedented 10-game suspension and $500 fine of an umpire, the veteran Bill McGowan, was announced by AL President Will Harridge following a confrontation in the Senators-Indians game. Tired of Senators pitcher Ray Scarborough continually complaining about strike calls, McGowan threw a ball-and-strike indicator at him and ejected Washington manager Joe Kuhel and several coaches.
    1950 - LIBBY, GEORGE D., Medal of Honor
Rank and organization: Sergeant, U.S. Army, Company C, 3d Engineer Combat Battalion, 24th Infantry Division. Place and date: Near Taejon, Korea, 20 July 1950. Entered service at: Waterbury, Conn. Birth: Bridgton, Maine. G.O. No.: 62, 2 August 1951. Citation: Sgt. Libby distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action. While breaking through an enemy encirclement, the vehicle in which he was riding approached an enemy roadblock and encountered devastating fire which disabled the truck, killing or wounding all the passengers except Sgt. Libby. Taking cover in a ditch Sgt. Libby engaged the enemy and despite the heavy fire crossed the road twice to administer aid to his wounded comrades. He then hailed a passing M-5 artillery tractor and helped the wounded aboard. The enemy directed intense small-arms fire at the driver, and Sgt. Libby, realizing that no one else could operate the vehicle, placed himself between the driver and the enemy thereby shielding him while he returned the fire. During this action he received several wounds in the arms and body. Continuing through the town the tractor made frequent stops and Sgt. Libby helped more wounded aboard. Refusing first aid, he continued to shield the driver and return the fire of the enemy when another roadblock was encountered. Sgt. Libby received additional wounds but held his position until he lost consciousness. Sgt. Libby's sustained, heroic actions enabled his comrades to reach friendly lines. His dauntless courage and gallant self-sacrifice reflect the highest credit upon himself and uphold the esteemed traditions of the U.S. Army.
    1950 - The “Arthur Murray Party” premiered on television. This ballroom dancing show appeared on all four networks (ABC, Dumont, CBS and NBC) and was hosted by Kathryn Murray, wife of famed dance school founder Arthur Murray.   “Arthur Murray taught me to dance in a hurry.“   He is the uncle of our good friend Bob Teichman (Murray dropped his middle name as Teichman did not rhyme with very many things.)
    1951 - In a move that will aid their pennant drive, the New York Giants put OF Bobby Thomson at 3B to replace the slumping and injured Hank Thompson. Thomson, who lost his CF job to the rookie Willie Mays, will hit .357 for the rest of the season.
    1953 - Top Hits
“Song from Moulin Rouge” - The Percy Faith Orchestra
“April in Portugal” - The Les Baxter Orchestra
“I'm Walking Behind You” - Eddie Fisher
“It's Been So Long” - Webb Pierce
    1954 - Elvis Presley performed on what was probably the smallest stage of his career when he appeared on the back of a flatbed truck outside a Memphis drugstore for its grand opening. Elvis was then a member of The Blue Moon Boys trio with Bill Black and Scotty Moore, who took their name from a song they had recorded just two weeks previously, "Blue Moon of Kentucky".
    1954 – The cessation of hostilities in Vietnam were mandated by the agreement signed in Geneva, Switzerland.  Commanders of the forces of France and the People’s Army of Vietnam agreed to the partition into North and South Vietnam, foreign troop withdrawal and free election.  Indochina had been France’s Asian jewel since the 1880s. During the Second World War, the Japanese conquered Indochina, but in 1945, the French government immediately set out to reclaim its colonial possession. France’s plans were foiled by a powerful Vietnamese anti-colonial movement that had been much fortified during the war and was led by the well-educated and worldly Communist Ho Chi Minh. In 1945, France began a military campaign to suppress the rebellion, inaugurating thirty years of bitter conflict in Vietnam.  Initially, American leaders looked warily at France’s re-conquest of Indochina, but with the triumph of Mao’s Communist revolution in China in 1949 and the outbreak of war in Korea just eight months later, the Truman administration came to see French Indochina as a front in the global war against Communism. By 1952, the United States was paying for at least half the cost of France’s war there. President Eisenhower and Secretary of State John Foster Dulles believed, as Dulles put in a speech in early 1953, that the Soviets wanted to control “Indochina, Siam, Burma, Malaya …  what is called the rice bowl of Asia.” Ike agreed that keeping Indochina from falling to the Communists remained essential to America’s national security.  While the Geneva Accords ended the French involvement, they were quickly ignored as Ho Chi Minh sought to consolidate his communist regime further. 
    1958 - During the first game of a doubleheader, Tiger Jim Bunning no-hits the Red Sox, 3-0. The future Hall of Famer will become the first modern pitcher to toss a no-hitter in both leagues when throws a perfect against the Mets in 1964.
    1960 – The Polaris missile was successfully launched from a submarine, the USS George Washington, for the first time.
    1961 - Top Hits
“Tossin' and Turnin'” - Bobby Lewis
“The Boll Weevil Song” - Brook Benton
“Yellow Bird” - Arthur Lyman Group
“Heartbreak U.S.A.” - Kitty Wells
    1963 - Lesley Gore released "Judy's Turn To Cry," the follow up to her number one hit, "It's My Party." The record was a continuation of the original story and it too became a Top 5 hit in the US.
    1965 - Bob Dylan's "Like a Rolling Stone" is released by Columbia records. The disc turns out to be his biggest hit ever climbing to number two on the U.S. pop chart and number four in the U.K.
    1965 - Kama Sutra Records releases the Lovin' Spoonful's first record, "Do You Believe in Magic." It will reach #9 on the pop chart.
    1965 - Yankee pitcher Mel Stottlemyre hits an inside the park grand slam against the Red Sox en route to a 6-3 victory.  It was the first inside the park grand slam since 1910.
    1967 - The City and County of San Francisco put up $200,000 to create a free medical clinic. Dr. Frederick Meyers (d. 1998 at 80) helped found the Haight-Ashbury Free Medical Clinic
    1968 - One thousand mentally challenged athletes competed in the first Special Olympics at Soldier Field, Chicago.  Today, more than one million athletes from 156 countries compete at the local, national and international level.  
    1968 - Iron Butterfly's album, “In-a-Gadda-da-Vida”, debuted on the United States pop charts. It featured its now-famous 17-minute title track, which in turn contained one of the longest drum solos in the history of rock music.    
    1968 - Cream's "Wheels of Fire" LP enters the chart. It hits #1 and features the single "White Room."     
    1968 - Hugh Masakela's instrumental rendition of "Grazing in the Grass" reached the top of the Billboard Hot 100. A year later, The Friends of Distinction would take a vocal version of the song to number 3.
    1969 - Top Hits
“In the Year 2525” - Zager and Evans
“Spinning Wheel” - Blood, Sweat and Tears
“Good Morning Starshine” - Oliver
“I Love You More Today” - Conway Twitty
    1969 - American astronaut Neil Armstrong, nearly 240,000 miles from Earth, spoke these words to millions listening at home: "That's one small step for a man, one giant leap for mankind." A moment later, he stepped of the lunar module Eagle, becoming the first human to walk on the surface of the moon. That first step was taken with Armstrong's left foot.    
    1973 - Knuckleballer Wilbur Wood of the Chicago White Sox pitched both games of a doubleheader against the New York Yankees. No pitcher has done this since, but Wood lost both games.
    1975 - Steve Van Zandt performs for the first time in concert as a member of Bruce Springsteen's E Street Band in Providence, Rhode Island.     
    1976 – Henry Aaron hit the final HR, #755, of his career, off Dick Drago of the California Angels.
    1977 – The CIA releases documents under the Freedom of Information Act revealing it had engaged in mind control experiments.
    1977 - A flash flood hit Johnstown, Pa., killing 80 people and causing $350 million in damage.  In 1936, the area had been hit by 10 to 30 inches of water over a two-week period. The flood came before pending flood control legislation was enacted or any significant flood control measures implemented. The narrowness of the valleys and encroachment of buildings on the river banks contributed to record flooding. By the time nightfall came one-third of the city was under 17 feet of water and by the time flooding was over, twenty-five people lost their lives. The damages, estimated at $43 million.
    1977 - Top Hits
“Da Doo Ron Ron” - Shaun Cassidy
“Looks like We Made It” - Barry Manilow
“I Just Want to Be Your Everything” - Andy Gibb
“It was Almost like a Song” - Ronnie Milsap
    1978 - Steve Martin's novelty tune "King Tut" became a Top Ten hit in the US. Some of the musicians on the track were members of The Nitty Gritty Dirt Band.
    1984 - Ty Cobb's record was broken by baseball great Hank Aaron when Aaron appeared in game number 3,034 of his career. At age 40, Aaron, was already playing in his 20th Major League season.   
    1985 - Treasure hunters began removing $400 million in coins and silver ingots from the ocean floor in the biggest underwater treasure hunt in history. The money came from the Spanish galleon, "Nuestra Senora de Atocha," which sunk in 1622, 40 miles off the coast of Key West, Florida.    
    1985 - Sting's solo debut, "The Dream of the Blue Turtles" enters the album charts. The LP features the hits, "If You Love Somebody Set Them Free" and "Fortress Around Your Heart."     
    1985 - Top Hits
“A View to a Kill” - Duran Duran
“Raspberry Beret” - Prince and The Revolution
“Every time You Go Away” - Paul Young
“Dixie Road” - Lee Greenwood
    1986 - The temperature at Charleston, SC, hit 104 degrees for the second day in a row to tie their all-time record high.
    1987 - Yankee first baseman Don Mattingly ties a Major League mark as he is credited with 22 putouts in one game, matching Hal Chase's feat of 1906.    
    1988 - The Democratic National Convention nominated Gov. Michael S. Dukakis of Massachusetts for president and Sen. Lloyd M. Bensten, Jr., of Texas for Vice-President.
    1988 - The temperature at Redding, CA, soared to an all-time record high of 118 degrees. Showers and thunderstorms produced much needed rains from New England to southern Texas. Salem, IN was deluged with 7.2 inches of rain resulting in flash flooding.
    1989 - Showers and thunderstorms in the Middle Atlantic Coast Region soaked Wilmington, DE with 2.28 inches of rain, pushing their total for the period May through July past the previous record of 22.43 inches. Heavy rain over that three-month period virtually wiped out a 16.82-inch deficit which had been building since drought conditions began in 1985. Thunderstorms in central Indiana deluged Lebanon with 6.50 inches of rain in twelve hours, and thunderstorms over Florida produced wind gusts to 84 mph at Flagler Beach.  
    1991 - Tom Petty and The Heartbreakers' "Into The Great Wide Open" LP enters the chart.
    1993 - White House deputy counsel Vince Foster was found shot to death in a park near Washington, D.C., in an apparent suicide.
    1994 – OJ Simpson offered a reward of $500,000 for evidence of ex-wife's killer.  At last word, he has not paid himself.   
    1995 - The Regents of the University of California vote to end all affirmative action in the UC system by 1997.
    1997 - The fully restored USS Constitution (a.k.a. Old Ironsides) celebrated its 200th birthday by setting sail for the first time in 116 years.
    2000 - The leaders of Salt Lake City's bid to win the 2002 Winter Olympics are indicted by a federal grand jury for bribery, fraud, and racketeering
    2012 - A gunman opened fire at a movie theater in Aurora, CO, as it is showing “The Dark Knight Rises,” killing 12 and injuring 70 others.
    2015 – The US and Cuba resumed full diplomatic relations after five decades.
    2017 – OJ Simpson was granted parole to be released from prison after serving nine years of a 33-year sentence after being convicted of armed robbery in Las Vegas.  He was released in October, 2017.

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