Tuesday, July 1, 2003
(includes: “Is WAEL Run by a Clique?” )
This Border ##### Denotes Press Release (Not Written By Leasing News)
Need Barry Drayer Pix
Looking for pictures of Barry Drayer, vice-president of RW Professional
Leasing. If you have a picture that you would like us to digitally remove
you, we can do that. We basically are looking for a picture of Mr. Drayer
for a three part article we hope to start next Monday, July 7th.
Classified Ads---Jobs Wanted
We have verified ads the end of last month with suggestions to up-date, re-write,
put more "attraction." We also received some very good, positive feedback and will pass suggestions to those looking for work in editions to follow.
Here is the beginning of 66 "job wanted ads"
Asset Management: Austin, TX. 20+ years exper. lease/finance. P & L responsibility, strong credit & collection management, remarketing& accounting. Computers, construction, auto & transportation. Both commercial/ consumer portfolios. email: email@example.com
Asset Management: Chicago, IL. MBA, 15+ years exp. Long history of success in maximizing residual position through outstanding negotiation skills & lease contract management. Third party remarketing, forecasting etc... email:firstname.lastname@example.org
Asset Management: Jacksonville, FL. 15+ yrs of diversified exp.in Comm.Equip.Fin. Equip Generalist, ASA "Cradle-to-Grave," Sr. Management, creative negotiating, presentation and analytical skills. Open to domestic/global travel/relocation. email:AssetMgrASA@aol.com
Asset Management: Redmond, WA 10+ years experience with Small/Middle Market portfolio's. Managed all aspects of Asset Management including residual setting, inspections, repossessions, remarketing& eol negotiations. email:email@example.com
Collector: Joplin, Mo. Will do car repossessions, willing to go about anywhere.have three years exp. thanks.email: firstname.lastname@example.org
Collector: West Hartford, CT. Credit/ Collections /Rental Management in leasing & construction fields. Looking for stable company that will appreciate my 20+ years of experience. email: email@example.com
Collector: Lakeland, Fl. 12 yrs. experience, including repossessions, skip- tracing, charge-offs, excellent computer and customer service skills. Looking for a growing company in central Fl. email:firstname.lastname@example.org
Collector: Gainsville, FL.
7 years auto repossion and skip tracing.looking for employment in local area or will relocate to GA,TENN,OR ?PLEASE E-MAIL OR CALL 407-963- 3602
Post a “job wanted” ad for free at:
Economic Events This Week
Construction Spending: May
Factory Orders: May
Weekly Jobless Claims
Happy Fourth of July
Pictures from the Past---1987---Joe Woodley CLP
from Western Association of Equipment Leasing Newsletter,December,1987:
“Is WAEL Run by a Clique?”
by Joe Woodley, CLP
1987 WAEL President
During our annual Planning Meeting last month ( and during a recent survey commissioned by the Board of Directors), there were some comments made that a few members feel the association is run by a clique.
Apparently a few people feel WAEL operates only for the benefit of the elected leaders, staff and privileged insiders. At least that comment was made to the survey takers. A few have expressed similar feelings to some of the WAEL’s past presidents and directors. That concerns me, as well as the other officers and your elected leaders in general.
We Want to Know What You Think
We’re glad you stated your beliefs, and we encourage you to continue speaking up and saying what you like or dislike about WAEL.
That’s how the Board will know what you want and how to offer programs and services that will meet your needs.
Here’s what you told us you like about
1. WAEL provides opportunities to make business contacts, identify funding source and meet people who can help you do more business.
2. WAEL helps you stay informed about the latest developments in equipment leasing, trends in the industry as well as laws, regulations and procedures affecting the way you do business.
3. WAEL publications—especially NEWSLINE---are valuable. NESWLINE contains article of interest, worthwhile information from industry experts, and details about association programs and services. You also like the Membership Directory and Funding Source Profile Directory, and use them regularly.
4. WAEL’s educational and training programs have improved in the past three years but more improvement is needed. We particularly need to address the educational needs of the more experienced member. Some feel we put too much emphasis on the basics and now must offer more advance, in-depth workshops and seminars.
The WAEL Cafeteria---Something for Everyone
There were mixed responses to our Certification Program, Government Affairs efforts and other member services. Many of your view WAEL as a cafeteria, helping yourself to this program, taking a little from that service, participating in this conference or attending that seminar. And you also pass on those activities that aren’t’ right for you. In general, every WAEL member you can find something that suits his style, taste and pocketbook....
But is WAEL a Clique?
That leaves my original question: is WAEL, an association run by a clique? If by clique you mean an organization run by those who participate and contribute their time and talent, then I’d say yes, WAEL is a clique. You’ll discover the Board of
Directors (both current and past) is comprised of individuals who have served as committee chairmen, regional chairmen, and committee members. They regularly attend conferences and meetings, recruit new members and in general promote WAEL and the equipment leasing industry. Nominating committees tend to select individuals who have shown they have the dedication time and ability to make a positive contribution to the association. In WAEL, like most organizations, 80% of the work is done by 20% of the members. Those hardworking contributors make up the “clique” a few members thank they see.
You, too, Can Become One of the “Insiders.”
If by clique you mean WAEL is run by a few cronies who only pay attention to their friends and closest business associates, I’d say NO, WAEL is not a clique.
The Board represents all the members and we’re interest in everyone’s ideas, suggestions and criticisms. We personally called 150 members in January and randomly surveyed another 75 last month. We ask for comments, and suggestions at every conference, regional workshop and local meeting. And w always welcome your phone calls and personal conversations.
So if you want to become on of the “insiders ( who, you’ll learn, are those who get involved and do most of the work), then you should actively contribute to WAEL’s growth and success.
Get involved in WAEL, serve on a committee, recruit a new member, make a workshop presentation, offer contributors, than just sitting in back and going along for the ride.
I’ve enjoyed serving as your President during the past year. Thanks to everyone who predicated and contribute in 1987. I hope twice as many people contribute to WAEL’s growth and success in 1988.
Good luck and good leasing in the year ahead.
Capital Stream Ups Ante for Decision System
Capital Stream raises it bid for Decisions Systems and extends deadline
until July 14th. Looks like the company holds more cards and shares.
“The board of Capital Stream, Inc. ("Capital Stream") announces that, as at 3.00
p.m. (London time) or 10.00 a.m. (New York time) on 30 June 2003, being the
first closing date of the cash offer (the "Offer") being made by Capital Stream
Minnesota, Inc. ("Capital Stream Minnesota") and, outside the United States, by
Deloitte & Touche Corporate Finance on its behalf, for the entire issued and to
be issued share capital of IDS Group plc ("IDS") as set out in the offer
document dated 31 May 2003 (the "Offer Document"), valid acceptances of the
Offer had been received in respect of, in aggregate, 16,806,780 IDS Shares
representing approximately 29.6 per cent of the IDS Shares currently in issue.
“Prior to the announcement of the Offer on 30 May 2003, Capital Stream Minnesota had received an irrevocable undertaking to accept, or procure the acceptance of, the Offer from Thomas Glucklich, being the only Independent Director having beneficial ownership of IDS Shares, in respect of his entire beneficial holding and those of persons connected with him, of 261,833 IDS Shares representing approximately 0.5 per cent of the IDS Shares currently in issue. Capital Stream Minnesota had also received an irrevocable undertaking to accept, or procure the acceptance of, the Offer from Newmarket Technology Limited in respect of its entire beneficial holding of IDS Shares, being in aggregate 7,075,213 IDS Shares, representing approximately 12.4 per cent of the IDS Shares currently in issue. Accordingly, Capital Stream Minnesota had received irrevocable undertakings to accept, or procure the acceptance of, the Offer in respect of, in aggregate, 7,337,046 IDS Shares, representing approximately 12.9 per cent of the IDS Shares currently in issue. Valid acceptances have been received in respect of all the IDS Shares subject to the irrevocable undertakings and are included in the total number of valid acceptances referred to above.
“Save as disclosed in this announcement, neither Capital Stream nor Capital
Stream Minnesota, nor any persons acting in concert with Capital Stream or
Capital Stream Minnesota, held any IDS Shares (or rights over any IDS Shares)
prior to the Offer Period and neither Capital Stream nor Capital Stream
Minnesota has acquired or agreed to acquire any IDS Shares (or rights over any
IDS Shares) since the commencement of the Offer Period.
“The Offer has been extended and will remain open for acceptance until 3.00 p.m.
(London time) or 10.00 a.m. (New York time) on 14 July 2003.”
For previous stories and background of this event, please go to:
Weekly Complaint Bulletin Report
Two new complaints were made.
Here is the start on one:
“My husband ********l and myself wanted to purchase an end dump.
We were referred to ******************* California, by the truck lot that had the end dump we wished to purchase. The loan officer by the name of
******* told us that the loan looked good and that we just needed to
send the first and last months payment overnight and they would send the
doc's and we should be able to pick the trailer up the next week. We
mailed the check overnight and they received it June 13, 2003. That same
day they told us that the loan was denied. We said Okay just send our
check back. They said they had already deposited it and that they would
have to issue one out of their escrow account. That was 2 weeks ago and
still no check. What are our options? Thank you, *************”
Leasing News has requested *****(broker) their side of the story, but so far they have yet to respond. We will keep trying.
“After doing some research for help I had come across Leasing News.
“Our request for equipment funding had been placed with **********
through another company. We had signed a proposal with Discount and sent
in an advance payment of $2,230.00 to Discount Capital.
We had additional requests from ***********l for financial docs. We
had sent those to them.
“Over time ****** did not finalize any lease so we were able to obtain
financing from our bank. After this ****** called said the lease was
finalized, I told them we had it done through our bank. We never received
or signed any loan/lease docs.”
(This is a doozy. The party the complaint was made to has a legitimate
commitment letter, and approved the lease at the terms and conditions
of the commitment letter, he states.
(In researching this, the applicant said he sent it to one leasing company, who
could not do the lease, so he went to a second, who said the same thing, but
would work on it, and then either that person referred it to ***********.
The applicant signed the commitment letter and sent in the check. Then
the broker who referred it, found another place, and either that new place funded
it or the bank did ( this is not clear at the time.) The first broker filed
a complaint with the National Association of Equipment Leasing Brokers
(or maybe it was the second or third broker, as the applicant appears
confused or perhaps is hesitant in recanting what really happened. He mentioned
a fourth broker, who may be the one who actually got the lease signed.)
(As we try to trace the series of events, it does appear the original party
the complaint was directed to has a right to keep the commitment fee
as it appears the applicant backed out ( with the help of another broker.)
(Stay tuned as we find out what really happen.)
No up-dates to the prior week complaints, but this is common, as sometimes
it takes six weeks to two months to resolve the issue and find out
the many sides of the complaint.
MAEL Invitational and Team-Challenge Weekend July 28th
19th Annual Golf Invitational
July 26th play White Eagle Golf Club, a private, 27 hole Arnold Palmer course §
July 27th play Bolingbrook Golf Club, voted by Golf Magazine "Top Ten you Can Play" in 2002
The MidAmerica Association of Equipment Lessors (MAEL), ELA's largest regional affiliate, will be hosting its 19th Annual Golf Invitational on July 28, 2003 at Indian Lakes Golf Club & Resort, www.indianlakesresort.com located in Bloomingdale, Illinois. We have relocated from Harborside International to Indian Lakes Resort to offer our regular attendees a change of scenery and to provide everyone (including companions) with some further amenities. While in the area, be sure to take this opportunity to schedule additional business activities and appointments!
Indian Lakes Resort has just been renovated in its entirety and offers two state of the art 18-hole championship golf courses, a 4,000 sq. ft. full-service spa featuring Vichy shower, massage, skin & body treatments, indoor/outdoor pools and much more. Bring the entire family and enjoy a fun filled weekend while networking with industry leaders!
The staff at Indian Lakes is committed to providing us with a spectacular event! Banquet facilities can accommodate over 500 people for the reception and dinner, and we expect participation this year to be at capacity (up from last year's 280 golfers-310 dinner/reception attendees). The after dinner speaker is always an event highlight and will be announced in the near future.
For the exceptionally competitive golfer and businessman, the MAEL Invitational will be preceded by the Team-Challenge Weekend.
**** announcement ************************************************
Edmunds.com Reports Automakers' True Cost of Incentives: Incentives at Highest Level in History
SANTA MONICA, Calif., - Edmunds.com ( http://www.edmunds.com ), the premier online resource for automotive information, reports that the average manufacturer incentive per vehicle sold in the United States was $2,532 in May 2003, up $606 or 31.5% from May 2002 and up $271 or 10.7% from April 2003. Industry average "days-to-turn," which measures how many days on average it takes to sell a vehicle after it hits the dealer's lot, reached a record level of 69 days in May 2003 compared to 66 in April 2003 and 54 days in May 2002.
Edmunds.com's monthly True Cost of Incentives(SM) (TCI(SM)) report takes into account all of the manufacturers' various United States incentives programs, including subvented interest rates and lease programs as well as cash rebates to consumers and dealers. To assure the greatest possible accuracy, Edmunds.com bases its calculations on sales volume, including the mix of vehicle makes and models for each month, as well as on the proportion of vehicles for which each type of incentive was used.
Incentives spending for domestic Chrysler, Ford and General Motors nameplates averaged a record high of $3,389 per unit in incentives in May, compared to $1,945 for European automakers, $1,371 for Korean automakers, and $1,062 for Japanese automakers.
Ford increased incentives spending by 14.8 % for the month, to $3,219 per unit, but saw its market share fall 0.7% to 19.2 %. General Motors' increased its incentives spending 10.3 % for the month, to $3,675 per unit, while its market share decreased from 0.3% to 26.9 % in May. Chrysler increased its incentives spending by only $59 to $3,059 this month, and increased its market share 0.5 % to 13.8% in May.
By contrast, incentives on Toyota vehicles reached a recent high of $1086 per unit, up $348 or 47.1% from April, while its market share rose to 10.4% in May from 9.3% in April.
The luxury car segment had the highest monthly increase in incentives, up 29% in May to $3,278 per unit, while essentially maintaining its market share.
Manufacturers more then tripled their incentives spending for compact SUV segment, to $1,659 in May 2003 from $513 in January 2002. In the same period, compact SUV market share went up from 3.7% to 4.1%.
"Domestic manufacturers are getting creative with incentives, matching down payments and offering holiday promotions in May -- and increasing their incentives spending in the process," stated Dr. Jane Liu, Executive Director of Data Analysis for Edmunds.com. "It remains to be seen if these tactics will help to create buyers for the aging inventories, or if it will only attract those shoppers who are waiting for the next great deal before taking their inevitable steps into the marketplace."
About Edmunds.com True Cost of Incentives(SM) (TCI(SM))
Edmunds.com's TCI(SM) is a comprehensive monthly report that measures automobile manufacturers' cost of incentives on vehicles sold in the United States. These costs are reported on a per vehicle basis for the industry as a whole, for each manufacturer, for each make sold by each manufacturer and for each model of each make. TCI covers all aspects of manufacturers' various incentives programs (except volume and similar bonus programs), including dealer cash, manufacturer rebates and consumer savings from subvented APR and lease programs (including subvented lease residual values used in manufacturer leasing programs). Data for the industry, the manufacturers and the makes are derived using weighted averages and are based on actual monthly sales and financing activity.
About Edmunds.com, Inc.
Edmunds.com ( http://www.edmunds.com ) is the premier online resource for automotive information. Its comprehensive set of data, tools and services, including Edmunds.com True Market Value(R) pricing, is generated by Edmunds Data Services and is licensed to third parties. For example, the company supplies over 800,000 pages of content for NYTimes.com's auto section and delivers monthly data reports to Morgan Stanley. Edmunds.com was named "best car research" site by Forbes ASAP, is viewed by consumers as the "most useful Web site" according to the J.D. Power and Associates New Autoshopper.com Studies(SM) for both 2001 and 2002, and was ranked first in the Survey of Car- Shopping Web Sites as reported by The Wall Street Journal. The company is headquartered in Santa Monica, California and maintains a satellite office in Troy, Michigan.
CO: Edmunds.com, Inc.
### Press Release #########################################
MCCUE SYSTEMS INTEGRATES MICROBILT'S CREDIT BUREAU DATA
ACCESS SOFTWARE INTO
#### Press Release #############################################
Curtains for Windows NT 4.0 Support
By Thor Olavsrud, Internetnews.com
The Windows NT 4.0 Workstation operating system has reached the end of its line. Yesterday was the last day on the seven-year-old operating system's support life-cycle as Microsoft pulled the plug today on telephone support.
Customers will still be able to turn to self-help online, but a help-desk will no longer be accessible and the company will not patch the operating system if new bugs or security issues surface.
Microsoft customers running Windows NT 4.0 Server still have a window of support, however. In January, Microsoft decided to extend telephone support and continue issuing patches through Dec. 31, 2003, because more than 25 percent of its customers had yet to upgrade from that operating system.
The planned obsolescence is part of Microsoft's product life-cycle policy, which it says is "designed to establish a clear and predictable policy for product support timelines and license availability, to assist customers and partners with managing their support needs, product planning and information technology planning within their organizations based on knowledge of the support timelines for Microsoft products."
Under the product life-cycle policy, products move through three distinct support phases. The first is "mainstream support," which exists for five years after general availability. Windows NT 4.0 Workstation was made generally available on July 29, 1996. Under the mainstream support phase, customers can access Microsoft's standard support offerings, including no-charge incident support, paid incident support, support charged on an hourly basis, support for warranty claims, hotfix support, and online self-help support information.
Between five and seven years after general availability, customers can access "extended support," which includes support that may be charged on an hourly basis, and can include hotfix support. Microsoft's policy says it will not accept requests for warranty support, design changes, or new features during the extended phase.
Finally, in the eighth year after general availability, Microsoft continues to make its online self-help support information, including Windows Update, available. During that period, Windows Update will not support auto-updating and will not be updated with new fixes.
Microsoft's Windows 98 operating system is also approaching a support milestone. The operating system, which Microsoft made generally available on June 30, 1998, will no longer receive no- charge assisted support as of Tuesday. Like Windows NT 4.0 Workstation, it will be laid to rest on January 15, 2004.
Classified Ads---Help Wanted
More than 10 million phone numbers registered in rush to do-not-call list
Bill Gates' take on subjects from spam to Mozambique
Falling American demand for French wines, especially since the tension over Iraq, was a major concern at a wine exhibition in Bordeaux last week.
Favre talks retirement
Davis says sentiment had role in returned to Oakland
Brief Highlights This Day in American History
National Holiday in Canada, formerly known as Dominion Day. Observed on following day when July 1 is a Sunday. Commemorates the confederation of Upper and Lower Canada and some of the Maritime Provinces into the Dominion of Canada in 1867. We salute our Canadian brothers and sisters.
1730-The most populous area of colonial America was New England, with 275,000 Europeans. By 1760, this number rose to 425,000, and at the close
of the revolution to 800,000.
1733-Forty Jews, admitted to Georgia colony by its proprietors, settled in
1778-The first foreign diplomat accredited to the U.S., Conrad Alexandre Gerard, arrived in America. He had been appointed by King Louis XVI of France. The tide of the Revolutionary War changed when France not only lent the new colonies money, but officers, soldiers, arms, and ships. At Yorktown, the victory that won the war, Frenchman outnumbered Americans almost three to one! Washington had 11,000 men engaged in the battle, while the French had at least 29,000 soldiers and sailors. The 37 French ships-of-the-line played a crucial role in trapping the 8,700 strong British army and winning the engagement.
1800- The earliest recorded Methodist camp meeting in America was held in Logan County Kentucky, near the Gaspar River Church.
1807-birthday of Thomas Green Clemson. The man for whom Clemson University was named, born at Philadelphia, PA. The mining engineer and agriculturist married John C. Calhoun’s daughter, Anna. Clemson bequeathed the old Calhoun plantation to South Carolina and Clemson Agricultural College ( Now Clemson University) was founded there in 1889. Clemson died at Clemson, SC, April 6, 1888. http://www.clemson.edu/welcome/history/
1835-The Baltimore and Ohio Railroad made its trial run from Baltimore, MD, to Washington, DC, starting railroad service to the federal capital.
1847- the first US postage stamps were issued by the US Postal Service, a 5 cent stamp picturing Benjamin Franklin and a 10 cent stamp honoring George Washington. Stamps had been issued by private postal services in the US prior to this date. (Don’t forget, the postage goes up today, starting at 37 cents for
a regular stamp)
(last part of:
1852-the first body to lie in state in the US Capitol rotunda was that of Senator Henry Clay, who died in Washington, DC, at the age of 75 on June 29,1842. His body was placed in the rotunda, where it was displayed for the public to pay their respects, prior to interment in Lexington Cemetery, Lexington, KY.
1859-Amherst and Williams played the first intercollegiate baseball game, with Amherst winning, 73-32. The next day Williams evened the score by defeating Amherst in a chess match. http://www.henryclay.org/hc.htm
1861- 1st public schoolhouse opens at Washington & Mason St, SF
1862- Congress outlaws polygamy (1st time); “an act to punish and prevent the practice of polygamy in the territories of the United Sates and other places, and disapproving and annulling certain acts of the legislative assembly of the territory of Utah.” Most of the settles in Utah belonged to the Mormon Church ( Church of Jesus Christ of Latter-day Saints), which encouraged men to marry multiple wives. Little effort was made to enforce this law. The first anty-polygamly law with teeth was the act of March 22, 1883, known as the Edmunds law, which defined simultaneous marriages as bigamy and prescribed loss of citizenship as a penalty. It legitimized children born in polygamy before January 1, 1883.
1862- Day 7 of the 7 Days-Battle of Malvern Hill
1862-the Bureau of Internal Revenue was established by an act of Congress.
The same day, President Abraham Lincoln signed into law a bill levying a 3 percent income tax on annual incomes of $600—$10,000, and 5 percent on incomes of more than $10,000. The revenues were to help pay for the
Civil War. This tax law actually went into effect, unlike an earlier law passed August 5,1861, making it the first income tax levied by the US. It was rescinded in 1872.
1862-The Morrill Land Grant Act was passed. This federal legislation led to the creation of the Land Grant universities and Agricultural Experiment Stations in each state.
1863- after the Southern success at Chancellorsville, VA, Confederate General Robert E. Lee led his forces on an invasion of the North, initially targeting Harrisburg, PA. As Union forces moved to counter the invasion, the battle lines were eventually formed at Gettysburg, PA, in one of the Civil War’s most crucial battles. Today began the Battle of Gettysburg, where General Robert E. Lee made a desperate bid to smash through Union forces and approach Washington, D.C. from the west. This was a crucial turning point in the war. Quite by accident,
and not foreseen by General Lee, General George G. Meade stumbled upon the advance accidentally at Gettysburg, Pa. Lee’s assaults on federal positions, trying
to move out of this encounter, brought extremely heavy losses to both sides. On the climactic third day of the battle (July 3), Lee ordered an attack on the center of the Union line, later to be known as Pickett’s Charge. When the famous charge of Gen. George E. Pickett’s division failed, with one unit leaving 3393 out of 4800 men dead or wounded on the field, the battle was lost to the South. The 15,000 rebels were repulsed, ending the Battle of Gettysburg. On July 4, both sides were exhausted. On July 5, Lee’s army retreated, listing more than one-third of the troops as casualties in the failed invasion, never to return to northern territory. Union General George Meade initially failed to pursue the retreating rebels, allowing Lee’s army to escape across the rain-swollen Potomac River. He felt ill prepared for the action, particularly after initiating the battle without preparation and in “surprise.” Historians say he missed an opportunity. They were not there, but make this observation primarily because Meade was not a very good tactician or leader of men. His men labeled him “timid” and used a stronger word
we can’t print here. The South suffered 30,000 killed, wounded, or missing. The North, 23,000. http://memory.loc.gov/ammem/today/jul01.html
a key to the victory at Gettysburg
1869- US mint at Carson City, Nevada opens http://www.tulving.com/carsonct.html
1874-The Philadelphia Zoological Society, the first US zoo, opened. Three thousand visitors traveled by foot, horse and carriage and steamboat to visit the exhibits. Price of admission was 25 cents for adults and 10 cents for children. There were 1,000 animals in the zoo when it opened. http://www.phillyzoo.org
1881- US Assay Office in St Louis, Missouri opens (closed, June 13,1911,
originally open for the World’s Fair Exposition
1889 -Frederick Douglass named Minister to Haiti http://www.frederickdouglass.org/douglass_bio.html
1890- 2,000 Census Bureau clerks began the daunting task of tallying the results of the country's 11th census, aided for the first time by mechanical calculating devices. Some 45,000 census counters had spent the entire month of June counting America's 60 million-plus population, using hole punches to record the results of their surveys by punching out designated spots on the card, like a train conductor punches a ticket. Later, those cards were counted by a tabulating machine invented by 29-year-old Herman Hollerith. Hollerith's counting machine had soundly beaten other proposed counting methods in a contest sponsored by the Census Bureau. Hollerith later founded the Tabulating Machine Company, which, through a series of mergers and reorganizations, eventually became IBM.
1893-President Grover Cleveland boarded the yacht Oneida for surgery to be performed in secret on a cancerous growth in his mouth. As this was during the 1893 depression, secrecy was thought desirable to avoid further panic by the public. The whole left side of Cleveland’s jaw was removed as well as a small portion of his soft palate. A second, less extensive operation was performed July 17. He was later fitted with a prosthesis of vulcanized rubber that he wore until his death June 24, 1908. A single leak of the secret was plugged by Cleveland’s Secretary of War, Daniel Lamont, the only member of the administration to know about the surgery. The illness did not become public knowledge until an article appeared Sept 22, 1917, in the Saturday Evening Post, written by William W. Keen, who assisted in the surgery.
1898 -Teddy Roosevelt & his Rough Riders charge up San Juan Hill
( bottom half of: http://memory.loc.gov/ammem/today/jul01.html )
1899 -In Wisconsin, the Gideons were founded by three traveling businessmen. They placed their first Bibles in 1908 at the Superior Hotel in Iron Mountain, Montana. http://www.gideons.org/
1899-the birthday of Thomas A. Dorsey, the father of gospel music, born at Villa Rica, GA. Originally a blues composer. Dorsey eventually combined blues and sacred music to develop gospel music. It was Dorsey’s composition, “Take My Hand, Precious Lord” that Reverend Dr. Martin Luther King, Jr., had asked to have performed just moments before his assassination. Dorsey, who composed more than 1,000 gospel songs and hundreds of blues songs in his lifetime, died Jan 23, 1993 at Chicago, ILL. http://www.allmusic.com/cg/x.dll?p=amg&sql=B141510
1903- Irna Phillips, U.S. radio script writer who developed the genre of the radio and TV soap opera. Starting with a ten-minute drama on a Chicago radio station (it tried to block her further progress), in 1932 she sold a similar program to the networks and the Queen of the Soaps was on her way. She wrote a dozen different shows and by 1943 she had five daily shows going at one time including the enduring Guiding Light, hiring a staff of writers for the daily scripting. When TV destroyed the careers of so many writers, IP moved easily into the format starting with Guiding Light (1952), As the World Turns (1956), and Days of Our Lives (1965), the most famous radio and TV soap operas of history. Her writing was superior and many have mourned the passing of her higher standards. Died 23 December 1973, Chicago, IL.
1908-Birthday of Este Lauder, learned sales at the family hardware store, was introduced to beauty products by her uncle, a skin specialist from whom she learned to manufacture and develop skin creams. She started by giving free demonstrations and a small gift to customers. As her business burgeoned, she divorced and later remarried her former husband who agreed to run the factory which produced the Lauder beauty products while she did the promotions, marketing, and sales. She personally opened all Lauder outlets and hired the staff which was to reflect her standards of physical attractiveness as well as a balanced personality.
1910-The Chicago White Sox opened their new home originally called White Sox Park and later called Comiskey Park, losing to the St. Louis Browns, 2-0. Barney Pelty pitched the shutout for the Browns.
1910-The Ward Baking Company, Chicago, IL started the first bread factory that was completely automatic. The dough was not touched nor the bread handled except when it was placed on the wrapping machine. 1917, Taggart Baking Company of Indianapolis, IN began distribution to Mary Maid stores, a one-pound loaf. The first bagel baker was Lender’s Bakery, which opened in 1927, in West Haven, CT. the owner was Harry Lender, who had just arrived from Lublin, Poland. Lender’s introduced the first frozen bagels in 1963. By the way, the first frozen bread was offered to stores on November 3, 1942, by Arnold Bakers, Port Chester, NY.
1913-Birthday of Jo Sinclair (born Ruth Seid)- U.S. novelist. Her first novel Wasteland won the $10,000 Harper & Brothers prize for the best study of an aspect of U.S. life. (Cleveland) Sinclair was the pen name of Ruth Seid, daughter of Russian Jewish immigrants, and was raised in abject poverty. The distinction of having created the first fully developed lesbian character goes to Jo Sinclair and her 1946 novel, Wasteland. Jo Sinclair is the pseudonym for Ruth Seid; Wasteland, her partly autobiographical first novel, won the Harper Prize in 1946 and remained on the bestseller lists for months.
1914 Earle Warren Birthday (1937-45,lead alto sax player, band manager
for the Count Basie Band.)
1915- blues legend Willie Dixon was born at Vicksburg, Ml. He moved to Chicago in 1936 and began his career as a musician with the Big Three Trio. With the advent of instrument amplification Dixon migrated away from his acoustic upright bass into producing and songwriting with Chess Studios, where he became one of the primary architects of the classic Chicago sound in the 1950s. His songs were performed by Elvis Presley, the Everly Brothers, the Rolling Stones, Led Zeppelin, the Doors, Cream, the Yardbirds, Aerosmith, Jimi Hendrix and the
Allman Brothers, among others. Dixon died Jan 29, 1992, at Burbank, CA.
1917 Race riots in East St Louis Illinois (40 to 200 reported killed).
1920-Suzanne Lenglen of France became the first woman tennis player to win three Wimbledon championships in the same year. She won the singles titles, the doubles, and the mixed doubles. http://www.xrefer.com/entry/172914
1921-the first sales tax enacted by a state became effective in West Virginia. The rate was one-fifth of 1 percent of the gross income of banks, street railroads, telephones, telegraph, express and electric light and power retailers, and two-fifth of 1 percent on timber, oil, coal, natural gas, and other minerals. Payments could be made to the state quarterly or annually. It replaced a tax on corporate net income.
1921- Canadian country singer Stu Davis, whose real name is David Stewart, was born in Boggy Creek, Saskatchewan. He and his brother Fred teamed up in 1939 to perform as the Harmony Boys on Regina radio station CKCK. Stu Davis later became known as "Canada's Cowboy Troubador," and made appearances in the late 1940's on NBC radio's "National Barn Dance" from Chicago and the "Grand Ole Opry." Davis signed with London Records in 1956, making 15 LP's for the label. In 1968, Davis, already a veteran of several TV shows, narrated the 13-part CBC TV documentary history of Western Canada, "Trail-Riding Troubador." Eddy Arnold took Stu Davis's song "What A Fool I Was" to number two on the Billboard country chart in 1948.
1935 - Benny Goodman and his band recorded the "King Porter Stomp" for Victor (Vi 25090). Often I play a series of how this song evolved, starting with Jelly Roll Morton, then Louis Armstrong, Benny Goodman, and finally, Gil Evans: “New Bottle, Old Wine” great album ( on of my favorites ).
1941- the Federal Communications Commission allowed 18 stations to begin broadcasting “television” this day. Only two were ready: the New York stations owned by NBC and CBS.
1941-Twyla Tharp born Portland; is perhaps today best known for “Movin’ Out.” A brilliant and major innovator in dance, she has combined tap, ballet, jazz, and social dancing in choreographing much acclaimed ballets, musical products, Broadway, and Hollywood films to modern music themes such as the Sinatra Suite. She was also much admired as a dancer.
1942- Birthday of Andrae Crouch, African-American sacred music artist. His most enduring gospel songs have been 'Soon and Very Soon,' 'My Tribute' and 'Through It All.' http://www.one-way.org/jesusmusic/crouch.htm http://www.gospelcity.com/artists/a_crouch.html
1949- one of TV’s first popular sitcoms, ‘Mama” told the story of a Norwegian family living in San Francisco in 1911. I remember watching this show with my parents. It aired live through 1956; after it was cancelled, a second, filmed version lasted only 13 weeks. Cast members included Peggy Wood, Judson Laire, Rosemary Rice, Dick Van Patten.
Bewitched - The Gordon Jenkins Orchestra (vocal: Mary Lou Williams)
My Foolish Heart - The Gordon Jenkins Orchestra (vocal: Eileen Wilson)
I Wanna Be Loved - The Andrews Sisters
Why Don’t You Love Me - Hank Williams
1951 - Bob Feller set a baseball record as he pitched his third no-hitter for the Cleveland Indians
1952-“The Liberace Show” premiered on TV. A pianist known for his outrageous style and candelabra on his piano, Liberace hosted popular shows in the ‘50s and 60’s. The first premiered on KLAC-TV in Los Angeles and went national in 1953. My father came to Hollywood in 1955 to become a producer/
story writer for Ziv TV, among the “products” developed were “Highway Patrol,” “Cisco Kid” and a half-hour syndicated series with Liberace featuring his brother George as violist and orchestra leader. http://us.imdb.com/Bio?Liberace
1952-birthday of Elwood Blues of the Blues Brothers ( Dan Aykroyd), Ottawa, Ontario
1956 - Elvis Presley appeared on the Steve Allen "The Tonight Show". He wore a tuxedo and sang to a sad-eyed basset hound. Steve Allen and the audience loved the performance. He was invited back again, but the next time was not in a “Tux”.
Hard Headed Woman - Elvis Presley
Yakety Yak - The Coasters
Patricia - Perez Prado
Guess Things Happen that Way - Johnny Cash
1959-Dave Brubeck Quartet records “ Take Five,” which not only becomes a class score in 5/4 time, a alto sax Paul Desmond classic, but eventually hits number one on the Billboard, rare for a jazz performance. The album also
became a million seller. http://www.duke.edu/~smt3/brubeck.htm
1961-birthday Frederick Carlton “Carl” Lewis US, Olympic track & field star (Gold-1984, 1988), born Birmingham,AL. 1963- the US Postal Service introduced the five-digit zip code.
1963- The Beatles recorded “She Loves You” and “I'll Get You.” at EMI's Abbey Road Studios. “She Loves You” would become their second number-one hit in both Britain and the US. Can you name their first hit? (don’t cheat by using Google.)
Paperback Writer - The Beatles
Strangers in the Night - Frank Sinatra
Red Rubber Ball - The Cyrkle
Take Good Care of Her - Sonny James
1966- the Beatles began a series of concerts at the Budo Kan Hall in Tokyo. A famous bootleg album, "Three Nights in Tokyo," was made of the Beatles' appearance.
1966- the Grateful Dead released their first single, "Don't Ease Me In" backed with "Stealin'."
1967- Beatles' "Sgt. Pepper's Lonely Hearts Band goes #1 for 15 weeks
1967 - Scott McKenzie scored his first hit with the single, "San Francisco (Be Sure to Wear Flowers in Your Hair)". The song became an anthem for the Love Generation and the young people of flower power. McKenzie also co-wrote a hit for the Beach Boys in 1988, called "Kokomo" His songs, "San Francisco" and "Like an Old Time Movie", were written and produced by John Phillips of The Mamas and The Papas
1971-The Twenty-Sixth Amendment was ratified. The 26th Amendment to the Constitution granted the right to vote in all federal, state and local elections to all persons 18 years or older. On the date of ratification, the US gained an additional 11 million votes. Up until this time, the minimum voting age was set by the states, in most states it was 21.
1972-the first Navy admiral who was African-American was Samuel Lee Gravely, Jr. of Richmond ,VA.
1973 - Golfer Bruce Crampton tied for fourth place in the Western Open golf tournament, bringing his career earnings to over a million dollars. Crampton became the first non-American golfer to reach that mark. He became the fifth golfer to make over a million dollars in career earnings. The others were Arnie Palmer, Billy Casper, Jack Nicklaus and Lee Trevino.
1972- the rock musical "Hair" closed on Broadway after 1,729 performances. It had opened at the Biltmore Theatre on April 28th, 1968. The music for "Hair" was written by Montreal native Galt McDermott.
1973 - "Jesus Christ Superstar" closed in New York City after 720 performances on Broadway. The cast album quickly became a million-seller.
Sundown - Gordon Lightfoot
Be Thankful for What You Got - William DeVaughn
If You Love Me (Let Me Know) - Olivia Newton-John
Room Full of Roses - Mickey Gilley
1976- Kenneth Gibson, is 1st black president of US Conference of Mayors.
1979- Sony introduced the Walkman under the name Soundabout, selling for $200. It had been released in Japan six months earlier. More than 185 million have been sold.
1979 - Susan B. Anthony, an activist for the cause of women’s suffrage, was commemorated on a U.S. coin, the Susan B. Anthony dollar. The coin, roughly the size of a quarter, was confused by many with the quarter and the U.S. Treasury Department eventually stopped producing the Susan B. Anthony dollar.
1981-Murder by the “Manson Family” of Sharon Tate and three others in Laurel Canyon Calif. Last Friday one of the family applied for parole, but was turned down, as basically they were all given death sentences, which was overturned at the time by the Supreme Court, who ruled “life in prison” without parole. But they keep trying to get out.
Ebony and Ivory - Paul McCartney with Stevie Wonder
Don’t You Want Me - The Human League
Rosanna - Toto
Slow Hand - Conway Twitty
1985 - Robin Yount of the Milwaukee Brewers got hit #1,800 of his career, leading the ‘Brew Crew’ past the Boston Red Sox 5-1.
1985-“Nick at Night” premiered on TV. The first broadcast of Nick at Nite, the creation of the kids network Nickelodeon, occurred. Owned and operated by MTV Networks, Nick at Nite presents many of the old classic television series, including “Barney Miller.” .
Step By Step - New Kids on the Block
Do You Remember? - Phil Collins
I’ll Be Your Shelter - Taylor Dayne
Love Without End, Amen - George Stra
1991-“Court TV” premiered. The continuing evolution of entertainment brought on by the advent of cable television added another twist with the debut of Court TV. Trials are broadcast in their entirety, with occasional commentary from the channel’s anchor desk and switching between several trials in progress. Trials with immense popular interest such as the William Kennedy Smith rape trial, the sentencing hearing of Marlon Brando’s son and the Jeffrey Dahmer and O.J.Simpson trials, are broadcast along with more low-profile cases.
1998 - Singer/actress/movie star Barbara Streisand and actor/director James Brolin were married at her Malibu, California home. It was her second marriage (she was previously married to actor Elliot Gould) and his third (he was married to casting agent Jane Agee and actress Jan Smithers). The couple honeymooned on a boat in the nearby Channel Islands off the Santa Barbara coast. Today they often visit Mendocino, California, together, also one of Steve Geller and his wife’s