|
National Machine Tool Financial Corporation |
National Tel-Med Capital | National Business Finance |
Sales Reps
Machine tools, construction, medical equip. Top competitive comp. package Fax resume: 847-871-4209 e-mail: chris@netlease.com
|
www.netlease.com
National has operated as an indirect lessor for over 25 years. They are expanding three of their divisions. |
Monday, November 6, 2006
Headlines---
Classified ads---Credit
Drayer-Barker to be sentenced Dec. 15
Cartoon---I thought it was legal
Sept. Shows Strong Origination Growth
Classified Ads—Help Wanted
The List---Third Quarter, 2006
AZELA goes bowling November 8th
Leasing #102--"Lease vs. Loan"
Top Stories---Oct.30-Nov.3
Le-Nature's moves into Chapter 11
Free November Webinar for InfoLease
News Briefs---
You May have Missed---
Sports Briefs---
"Gimme that Wine"
Calendar Events
Snapple Real Facts
Today's Top Event in History
This Day in American History
American Poem
######## surrounding the article denotes it is a “press release”
----------------------------------------------------------------
Classified ads---Credit
Three Rivers Winery, Walla Walla, Washington *
These job-wanted ads are free. We also recommend to both those seeking a position and those searching for a new hire to also go to other e-mail posting sites:
http://64.125.68.91/AL/LeasingNews/Classified.htm
In addition, those seeking employment should go to the human resource departments on company web sites for funders, captive lessors, and perhaps “broker-lessors.”
To place a free “job wanted” ad here, please go to:
http://64.125.68.91/AL/LeasingNews/PostingForm.asp
Atlanta, GA
10 yrs experience in credit/collections/recovery/documentation in the leasing industry. P&L responsibility, team builder & strong portfolio mgnt. skills.
email: mortimerga@adelphia.net
Corona, CA
VP credit Consumer Credit prime/sub prime Auto lending/leasing/mortgages. 20+yrs exp. If you are looking for someone to affect the bottom line I am that person. Will relocate.
Email: amosca2000@yahoo.com
Fort Lee NJ
3 Years Experience credit/documentation. Looking in NJ/NY.
Email: angitravis@mail.com
Irvine, CA
I have over 16 years of Credit/Collection experience in the finance industry. Prompt results, extremely effective and knowledgeable, professional, excellent manager and team player.
Email: newportresources@sbcglobal.net
Los Angeles, CA
Over 15 years experience in Credit/Operations with Small Ticket and transactions up to $500,000.00. CLP, with excellent relationships with most major lenders.
Email: jonbh123@earthlink.net
New Jersey, NJ
Credit Analyst with 10+ years experience in small-ticket lending up to $500,000. Experience with both vendor-direct and with brokers.
Email: b.leavy@worldnet.att.net
New York, NY
V.P. Credit & Collections w/23 years exp. looking for a situation where I can utilize my varied & extensive knowledge of credit/collections/risk-management & leasing.
Email: rcouzzi@yahoo.com
Sausalito, CA
Sr. Corp. officer, presently serving as consultant, fin. service background, M&A, fund raising, great workout expertise, references
Email: nywb@aol.com
Orange, CA
Credit/Operations-15 years exper., looking for a new home. Have handled both middle/ large ticket transaction, plus muni & international finance.
email: equiplender@aol.com
For a full listing of all “job wanted” ads, please go to:
http://64.125.68.91/AL/LeasingNews/JobPostings.htm
* www.threeriverswinery.com
[headlines]
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Drayer-Barker to be sentenced December 15
by Christopher Menkin
After losing all appeals, the sentencing procedure of Barry Drayer and Stephen Barker regarding their actions at RW Professional Leasing will commence on December 15, 2006; ironically Hanukkah begins at
twilight.
Barry Drayer, 67, of Wellesley, Massachusetts, Vice-President of RW Professional, who claimed he was "just a salesman," was found guilty, as well as Stephen Barker, 43, of Lake Forest, California. Drayer never took the stand to answer any questions. Sentencing may be up to 30 years in jail. Even if Drayer serves half the time for good behavior, he most likely will not be out until he is 82 years old.
Leasing News has followed this not just from June 21,2003, the date forty FBI agents raided the offices of RW Professional Leasing in Island Park, NY, but as part of the Sierra Cities/First Sierra portfolio and leads to CIT, Vanguard Leasing and Old Kent (several stories co-written with Leasing News Advisor Board Emeritus Charlie Lester.)
Also known as Mr. Lester
Originally, it was about money laundering, around $9 million. It grew to perhaps $100 million dollars in contention, counting what the FBI claims, the American Express Business Finance law suit, Crawford and other community banks, plus the $38 million the Bank of New York was charged for its “money laundering” by a specific person, setting up phony bank accounts, working with RW Professional on the scheme.
Barry Drayer sent an attorney, court stenographer, video camera man from Los Angeles for a full day deposition, trying to seek out sources for stories about Old Kent, CIT, and Drayer that Leasing News was writing. After the ordeal, they threatened Mr. Lester, who told them in no uncertain terms he would gladly fly to Los Angeles on his own money, as he had a lot of things he wanted to say. Although he called the attorney several times, he was never deposed. It was about that time that the FBI raided Drayer’s office in New York.
Here is a copy of the denial of appeal with a full history of
the charges and conviction in easy to read format; almost
reads like a novelette:
http://leasingnews.org/PDF/RW_Professional_11-3-06.pdf
[headlines]
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[headlines]
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September Shows Strong Growth in Originations
Arlington, VA—— The Equipment Leasing and Finance Association (ELFA) Monthly Leasing and Finance Index (MLFI-25) of equipment leasing and finance activity for September shows growth continues for the 25 leasing companies in the survey.
“September’s strong originations numbers continue to indicate a healthy corporate sector, in spite of worries of continued inflation in the economy in general,” said Valerie Hayes Jester, Chairperson-elect of ELFA and President of Brandywine Capital Associates, Inc.
“The equipment leasing and finance sector continues to outperform the economy in general and continues to enjoy an ever stronger portfolio performance and credit quality.”
September business activity totaled $6.7 billion for new commercial equipment leases and loans. The MLFI-25 (formerly the MLI-25) provides metrics reflecting monthly commercial equipment lease and loan activity as reported by the 25 participating ELFA member equipment finance companies.
On the portfolio quality side, charge-offs as a percentage of net receivables increased from the previous month, rising to .51 percent from .41 percent.
However the mixed signals in portfolio quality continue, with receivables over 90 days improving to 0.9 percent from 1.1 percent in August.
September’s credit approval ratios were up slightly to 79.4 percent when compared to August.
Total headcount rose, to 10,794, the ninth consecutive rise in employment for the MLFI-25 companies.
The participant companies in the MLFI-25 represent a broad cross section of the equipment finance sector including small ticket, middle market, large ticket, bank, captive and independent leasing and finance companies. Because the same companies participate in the survey each month, the MLFI-25 provides a consistent trend analysis of current industry activity.
ELFA MLFI-25 Participants
ADP Credit Corporation
Amsouth Leasing Corporation
Bank of America Leasing
Bank of the West
Canon Financial Services
Caterpillar Financial Services Corporation
CIT
De Lage Landen Financial Services
First American Equipment Finance
GreatAmerica Leasing Corporation
Hitachi Credit America
HP Financial Services
Irwin Financial
John Deere Credit Corporation
Key Equipment Finance
LaSalle National Leasing Corporation
Marlin Leasing Corporation
National City Commercial Corp.
RBS Asset Finance
Siemens Financial Services
US Bancorp Leasing & Financial
US Express Leasing
Verizon Capital Corp/Verizon Credit
Volvo Financial Services
Wells Fargo Equipment Finance
[headlines]
----------------------------------------------------------------
Classified Ads---Help Wanted
Sales
 |
Niche Market Sales Reps.
Not limited to, but includes:
- Dry cleaning
- Phone systems for small business
- Dental office
- Physicians office
- Laundry/dry cleaning equipment
Send your resume to sclerc@highlinecapital.com EOE.
|
|
|
National Machine Tool Financial Corporation |
National Tel-Med Capital | National Business Finance |
Sales Reps
Machine tools, construction, medical equip. Top competitive comp. package Fax resume: 847-871-4209 e-mail: chris@netlease.com
|
www.netlease.com
National has operated as an indirect lessor for over 25 years. They are expanding three of their divisions. |
[headlines]
--------------------------------------------------------------
The List
Third Quarter, 2006
Available in Chronological sequence:
http://www.leasingnews.org/list_chron_new.htm
in Alphabetical sequence:
http://www.leasingnews.org/list_alpha_new.htm
The following are the new additions. For the complete company history, please go to the list above:
September
IFC Credit, Morton Grove
(09/06) Collection and other problems.
http://www.leasingnews.org/archives/September%202006/09-27-06.htm#ifc
NorVergence, New Jersey
(09/06) FTC files injunction against two key officers: Peter Salzano (in addition Thomas N. Salzano (08/06) Under New President Fred Van Etten-- Popular Reaches $15.3MM Settlement (08/06 AG Spitzer now at $20 MM settlements (08/06)NY AG Spitzer gets Nine more (07/06) NorVergence Bankruptcy Trustee Sues 26 Banks/Officers
Dell (captive lessor)
(09/06) Up For Delisting NASDAQ regarding failure in filing quarterly reports.
Portfolio Financial Servicing Company, Portland, Oregon (PFSC) (09/06) Jerry T.Hudspeth, President and CEO resigns. Varilease CEO Robert VanHellemont becomes temporary CEO to fight off
potential financial takeover, which he thwarts.
East Coast Leasing Inc/.North Carolina
(09/06) a trucking company with 79 Triad employees, announces they are shutting down
August
Sunrise International Leasing (SILC), Golden Valley, Minnesota
(08/06) Peter J King, the CEO and “owner” of the company announces retirement, selling off portfolio, once at $1.5 billion, he says.
Commercial Money Center, Southern Ca.
(08/06) CMC Officers Indicted for $300 Million Tax Evasion
NetBank/formerly Republic Leasing of South Carolina
(08/06) NetBank posts loss, halts dividend (07/06) Bank may be for sales, confirmation that not only is mortgage unit up for sale, but four suitors review terms and conditions of NetBank Business Finance. The CMC insurance as part of portfolio is a major problem in the sale, it is said.
Alliance Funding, Jacksonville, Florida
(08/06) sold. Renee Fox, CLP, who started the company in 1989 will remain with the company as a consultant.
http://www.leasingnews.org/archives/August%202006/08-02-06.htm#afund
July
Marlin Leasing, New Jersey
(07/06) Scuttlebutt is the company is for sale:
http://www.leasingnews.org/archives/July%202006/07-31-06.htm#marlin
ePlus (07/06) ePlus has settled a lawsuit with GMAC Commercial Finance in a deal that includes a cash payment of $6 million. GMAC's claim against ePlus was for $13.4 million, including interest and legal fees, with the trial set to begin July 24. The suit was in connection with an alleged breach of warranties regarding an assignment of debt from ePlus, as lessor, for leases with Cyberco Holdings, a now defunct tech company that was based in Grand Rapids, Mich.
Microfinancial/Leasecomm (07/06) Massachusetts District Court judge ordered Leasecomm to pay $187,225, ruling that the company was deceptive in its practices.
McCue, Burlingame, Ca.
(07/06) Netsol Technologies completes Acquisition of U.S. Based McCue Systems.
http://www.leasingnews.org/list.htm
[headlines]
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November 8, 2006
Arizona Equipment Leasing Association
Join Us For
Bowling With The Leasing Pros
Meet Your Funders: Each Funder Will Have The Floor For
5 Minutes To Cover Their Unique Programs
WHEN: Wednesday November 8, 2006
WHERE: AMF CHRIS CHRISTOWN LANES
TOWN 1919 West Bethany Home Road
(SW Corner of 19 19th th Ave. & Bethany Home Road)
Phoenix, AZ 85015
602 602-249 249-1715
TIME: 5 5-6 PM Meeting and Networking
6 PM Bowling, Pizza and Beer
Cost: $20.00
Includes: Meeting, 3 games, Shoe Rental, Pizza,
Beverage and Awards
To RSVP your spot and for additional information, click here. |
[headlines]
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Leasing 102
Lease vs. Loan
by Mr. Terry Winders, CLP
Many who are in equipment leasing do not understand the difference between a transaction that is actually a disguised conditional sales contract (such as a $1 purchase option lease) and a legal lease that qualifies as an “Executory Contract.” This has many ramifications
besides accounting or tax, specifically in recovery procedures, especially for Bankruptcy. If the lease is a disguised conditional sales contract then the transaction is declared an “Article 9 Loan” and the leasing company will be looked at as a lender, and must have filed a UCC 1 (with in the 20 days after possession) to be considered a secured lender.
A legal lease that follows the definition of a lease is referred to as an “Executory Contract” and then the bankruptcy trustee must return the equipment to the Lessor within twenty days, of the order for relief, or to assume the lease. If the trustee assumes the lease then the trustee must (A) cure the default; (B) provide adequate assurance to a party other than the debtor to such lease for any actual pecuniary loss resulting from such lease and; (C) provide adequate assurance of future performance under such lease.
The court takes control of a lenders collateral under Article 9 and has the ability to “cram down” the claim to the perceived value of the collateral so the lender must file a unsecured claim for the amount of the cram down. This is the same for a disguised conditional sales contract. A lease under Article 2A (Article 10 in California) where the trustee must return the equipment or bring the lease current and keep it current is a preferred type of transaction when considering a credit that provides some risk of default.
In a case under chapter 7, if the trustee does not assume or reject an executory contract or unexpired lease of personal property within 60 days after the order for relief, or within such time as the court, for cause, within such 60 day period, fixes, then such contract or lease is deemed rejected. In a case under chapter 9, 11, 12, or 13 of this title, the trustee may assume or reject an executory contract at any time before the confirmation of a plan but the court, on the request of any party to such lease, may order the trustee to determine within a specified period of time whether to assume or reject such lease.
The definition of a legal lease for the purpose of recover, these rules are what must be followed: the term of the lease can not exceed 80% of the equipments “useful life”; the lessee can not have an economic incentive or be required to renew the lease for the remaining useful life.
If an option to renew the lease or purchase the equipment exists the options must be for the reasonably predictable fair market at the time the option occurs; Return conditions and location can not be greater than the cost of exercising the purchase options or a fair market purchase option will be a bargain. There is no requirement that a UCC financing statement be filed to be a legal lease but many lessor still do so, to cover a possible unfavorable ruling by the bankruptcy trustee that the transaction was in fact a Article 9 loan instead of an Article 2A lease.
Mr. Terry Winders has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at leaseconsulting@msn.com or 502-327-8666.
He invites your questions and queries.
[headlines]
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Top Stories---October 30-November 3
Here are the top ten stories most "opened" by readers last week.
(1) Marlin Leasing Shooting Star
http://www.leasingnews.org/archives/November%202006/11-03-06.htm#marlin
(2) Marlin Business Services Stock
http://www.leasingnews.org/archives/November%202006/11-01-06.htm#marlin
(3) SpamArrest Notice
http://www.leasingnews.org/archives/November%202006/11-03-06.htm#spam
(4) Lawyer: Dell Settles Class Action over Financing Practices
http://www.leasingnews.org/archives/November%202006/11-01-06.htm#dell
(5) "Get Your New Reps Off To a Great Start"
Sales makes it Happen---by L.P. Kester
http://www.leasingnews.org/archives/November%202006/11-01-06.htm#sales
(6) Dedicated to Donald B. Pooley
http://www.leasingnews.org/archives/November%202006/11-01-06.htm#dedicated
(7) Five Point Hires Christine DiDonato
http://www.leasingnews.org/archives/November%202006/11-01-06.htm#5pt
(8) NAELB Nov. 3-4 Atlanta Reg. Meeting
http://www.leasingnews.org/archives/November%202006/11-01-06.htm#naelb1
(9) Cartoon—Sidney Harris/Sales Meeting
http://www.leasingnews.org/archives/November%202006/11-01-06.htm#toon
(10) e-Mail from Dash, US Navy: photograph
http://www.leasingnews.org/archives/November%202006/11-03-06.htm#dash
[headlines]
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Le-Nature's moves into Chapter 11
Several readers have informed Leasing News that lease companies are involved in this recent scandal regarding Le-Nature, a manufacturer and distributor of beverages, primarily water and tea. The bankruptcy is too new to obtain a list of creditors.
Leasing News was unable, due to press time, to print the story,
but readers may learn more by going direct to:
http://www.post-gazette.com/pg/06308/735523-28.stm
[headlines]
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### Press Release ###########################
Free November Webinar for InfoLease® Software Users
Will Present Newest Product Improvements
MINNEAPOLIS, Minn. – International Decision Systems, Inc., has scheduled a November webinar covering the latest functional enhancements to InfoLease, its market-leading portfolio management solution. Attendees will learn what has been added recently in areas including Accounting & Funding, Accounts Receivable, Contract Maintenance, End of Term/Restructures, Income & Expense, and Portfolio Service & System Administration.
“This session will be ideal for any experienced InfoLease user interested in seeing all the latest and greatest functionality,” said Doug Schick, director of client support. “Although InfoLease is already functionally rich, our clients are always looking for greater functional power and efficiency. We continue to address those market needs by improving our products in every way possible.”
The session will be held on Tuesday November 14th at 1:00 a.m. CST and pre-registration by Monday, November 13, is required for participating in this Webinar. Registration can be accomplished quickly on-line. Those interested in attending should:
1. Click on the following link:
http://support.idsgrp.com/cs/webinar/register.asp
2. Log in to the Client Support web page for access to the registration page. (To obtain a login and password, clients can contact an International Decision Systems password administrator or a member of the client support team.
Each registrant will receive training materials and instructions on how to join the session. After the session, attendees will receive a feedback form to comment and suggest future topics. Clients with questions about this webinar should contact Kate Westfall by telephone at 612-851-3367, or
by email to kwestfall@idsgrp.com
About InfoLease Software from International Decision Systems
InfoLease is the enduring gold standard of the equipment finance industry, with millions of assets and more than $500 billion of financed goods entrusted to its reliability and dependability. In 2005 alone, more than $10 billion in additional portfolio volume was converted to, or grown in, InfoLease. More than any other equipment finance solution, InfoLease delivers sound leasing operations, rich functionality for loans, robust reporting, and data availability for regulatory compliance-- all scalable to the needs of your organization.
About International Decision Systems, Inc.
International Decision Systems® is the global leader in developing equipment finance portfolio management software and services. Headquartered in Minneapolis, Minnesota, International Decision Systems also has offices in London, Sydney, Singapore and Bangalore. International Decision Systems offers the largest and most experienced global consulting, implementation, and technical support teams in the equipment financing industry. For additional information about International Decision Systems, visit www.idsgrp.com, or
call global headquarters at 1-866-465-9393 or
1-612-851-3200. To reach the European office, call +44.1256-302000
[headlines]
### Press Release ###########################
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News Briefs----
Williams, NBC's `Nightly News' Back on Top
http://www.nytimes.com/aponline/arts/AP-TV-Brian-Williams.html?_r=1&oref=slogin
[headlines]
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You May have Missed---
Oil, Cash and Corruption
http://www.nytimes.com/2006/11/05/business/yourmoney/05giffen.html?em&ex=
1162962000&en=d3f10d1321a3ec9d&ei=5087%0A
[headlines]
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Sports Briefs----
Viking Funeral
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/11/06/49ERS.TMP
Timeless loss: Cowboys fall to Redskins on final play
http://www.cowboysplus.com/topstorync/stories/110606cpcowlede.1a19cee.html
Bears perfectly awful in defeat
http://www.chicagotribune.com/sports/football/bears/cs-061105bearsgamer,
1,370541.story?coll=chi-news-hed
Manning, Colts defense trip up Patriots 27-20
http://www.usatoday.com/sports/football/games/2006-11-05-colts-patriots_x.htm
[headlines]
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“Gimme that Wine”
Weak scores for '03 Cabs from Napa, Sonoma
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/11/03/WIGADM3J161.DTL
Organic grapes do not necessarily make organic wines
http://www.emagazine.com/view/?3423
Mendocino grows a grape for every palate
http://www.azcentral.com/home/wine/articles/1102mendocino1102main.html
Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/
US/International Wine Events
http://www.localwineevents.com/
Winery Atlas
http://www.carterhouse.com/atlas/\
Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm
The London International Vintners Exchange (Liv-ex)
is an electronic exchange for fine wine.
http://www.liv-ex.com/
[headlines]
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Calendar Events This Day
Australia: Recreation Day
The first Monday in November is observed as Recreation Day as Northern Tasmania, Australia
Morocco: Anniversary of the Green March
National holiday. Commemorates the march into the Spanish Sahara in 1975 to claim the land for Morocco.
Saxophone Day (Adolphe Sax Birth Anniversary)
A day to recognize the birth anniversary of Adolphe Sax, Belgian musician, and inventor of the saxophone and the saxotromba. Born at Dinai, Belgium, in 1814, Antoine Joseph Sax, later known as Adolphe, was the eldest of 11 children of a musical instrument builder. Sax contributed an entire family of brass wind instruments for band and orchestra use. He was accorded fame and great wealth, but business misfortunes led to bankruptcy. Sax died in poverty at Paris, Feb. 7.1893.
Sweden: Gustavus Adolphus Day
Honors Sweden’s King and military leader killed in 1632.
United Nations: International Day for Preventing the exploitation of the environmental war and armed conflict.
A day calling attention to the irreparable damage to ecosystems and natural resources caused by armed conflict.
www.un.org
[headlines]
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Canada:
Canada has more lakes than the rest of the world combined. Canada is an Indian word meaning "Big Village."
[headlines]
----------------------------------------------------------------
Today's Top Event in History
Several presidential elections in history today. Too many to choose the “top event.”
[headlines]
----------------------------------------------------------------
This Day in American History
1796-The first presidential election in which more than one candidate declared for the presidency, in which John Adams received 71 electoral votes and was elected president, and Thomas Jefferson received 68 electoral votes and was elected vice-president. In the elections of 1789 and 1793, George Washington was the only avowed presidential candidate.
1804-The first presidential election in which more than one candidate declared for the vice-presidency. Prior to the adoption of the 12th Amendment to the constitution on September 25,1804, the candidate for president receiving the highest number of votes became president, and the candidate receiving the second highest number became vice president. Thomas Jefferson and George Clinton were the candidates of the Democratic-Republican Party and Charles Cotesworth Pinckney and Rufus King the candidates of the Federalist Party.
1854-Birthday of conductor/composer John Phillips Sousa, remembered for stirring marches such as "The Stars and Stripes Forever," "Semper Fidelis," "El Capitan," born at Washington, DC. Died at Reading, PA, Mar 6, 1932
1860 - Former Illinois congressman Abraham Lincoln defeated three other candidates for the United States presidency, a Republican victory over the divided Democrats. Hannibal Hamlin was elected vice president. The electoral vote was Lincoln, 180: John C. Breckinridge, southern Democrat,72: John Bell, Constitutional Union candidate, 39: Stephen A. Douglas, Democrat, 12. The popular vote was Lincoln 1,866,252: Douglas 1,375,157: Breckinridge, 848,781: Bell, 589,581.
1861-Jefferson Davis was elected to a six year term of the Confederate States of American.
http://memory.loc.gov/ammem/today/nov06.html
1861-Birthday of James Naismith, inventor of the game of basketball was born at Almonte, Ontario, Canada. Died at Lawrence, KS, Nov 28, 1939. Inducted into the Basketball Hall of Fame in 1959. Basketball became an Olympic sport in 1936.
1868-Red Cloud, a chief of the Oglala Sioux, became the first Native American to win territorial concessions from the federal government. After years of leading successful assaults against U.S. forts in the Powder River area of Montana, Red Cloud signed a treat at Fort Laramie. The treaty provide for the abandonment of Forts Reno, Kearny, and C.F. Smith.
1869-The first Intercollegiate football contest in the world was played at Rutgers Field, New Brunswick, NJ. Captain William Stryker Gummere ’70 of Princeton University ( later chief justice of New Jersey) challenged Captain William James Leggett of Rutgers to a friendly game. Each team consisted of 25 men. The rules were that each goal constituted a game and that six games would decided the match, which lasted one hour. The first team to score six goals was Rutgers, while Princeton scored four.
1888 - Benjamin Harrison of Indiana won the presidential election, beating incumbent Grover Cleveland on electoral votes although Cleveland led in the popular vote. Cleveland basically sat at the White House, thinking he had the election in the bag. He came back next term to take the presidency back. Levi P.Morton was elected vice president. The electoral vote was Harrison, 233: President Grover Cleveland, the Democratic candidate,168. The popular vote was Harrison 5,444,337: Cleveland 5,540,050: Clinton B. Fisk, Prohibition candidate, 250,125: Alson J. Streeter, Union Labor candidate, 146,897: Robert H. Cowdrey, United Labor candidate, 2808. In congressional elections the Republicans kept their 38-37 majority in the Senate and gained 14 seats in the House to take a 166-159 majority.
1888-Birthday of John George Taylor Spink, sports publisher born at St. Louis, MO. Spink inherited management of “The Sporting News” upon the death of his father in 1914. He made the weekly newspaper into the “Bible of Baseball,” a trade paper of indispensable value to all those connected with the game. Spink was a baseball insider: his publication not only reported on what had happened, but also advocated what should happen. Died at St. Louis,Dec. 7, 1962.
1900 - President McKinley was re-elected, beating Democrat William Jennings Bryan. Theodore Roosevelt, Republican of New York, was elected vice president. The electoral vote was McKinley,292: William Jennings Bryan of Nebraska, candidate on the Democratic and Populist tickets, 155. The popular vote was McKinley, 7,219,530: Bryan 6,358,071: John G. Woolley of Illinois, Prohibition candidate, 209,166: Eugene V. Debs of Indiana, Social Democratic candidate, : 94,768: and Wharton Barker of Pennsylvania, middle-of the road Populist, 50,232. In congressional elections both major parties gained Senate seats from the minor parties, the Republicans taking a 55-31 majority, with four seats held by minor
parties. In the House the Republicans led 197-151, with nine seats held by minor parties.
1902-Birthday of singer Juanita Hall, Keyport, NJ
http://www.emusic.com/cd/10603/10603205.html
1913-Birthday of arranger/trumpet player Andy Gibson, Zanesville, OH
http://www.artistdirect.com/music/artist/bio/0,,435442,00.html?artist=Andy+Gibson
1916—Bandleader Ray Conniff Birthday, born Attleboro, MA
1921-piano player Jimmy Lyon Birthday, Camden, NJ
1928 - Herbert Hoover was elected United States president in a landslide Republican victory. Charles Curtis was elected vice president. The electoral vote was Hoover, 444: Alfred E. Smith, Democratic candidate, 87. The popular vote was Hoover, 21,392,190: Smith, 15,016,443. Normal Thomas, Socialist candidate, 267,835: William Z. Foster, Workers’ Party candidate 48,228: Vern L. Reynolds, Prohibition candidate, 20,106: frank E. Webb, Farmer Labor candidate, 6391. In congressional elections the Republicans increased their majorities in both houses, leading in the Senate 56-39, with one seat going to a minor party, and controlling the House 267-167, with one seat held by a minor party.
1928 - Jacob Schick patented the first electric razor.
http://iavbbs.com/gflinn/schick.htm
1929-pianist Francy Boland birthday, Namur, Belgium
http://www.jazzinbelgium.org/mus/boland.htm
http://jazzphotography.us/picsites/boland01.htm
http://www.allaboutjazz.com/reviews/r1002_062.htm
http://www.pricegrabber.com/search_getprod.php/masterid=535362401/
ut=0cea047573c75653
1934-The first professional football game in which 10 touchdowns were made took place at Temple Stadium, Philadelphia, PA, when the Philadelphia Eagles defeated the Cincinnati Reds 64-0. Three touchdowns each were made by Homer “Swede” Hanson and Joseph Carter and one each by Edward Matesic, Edward Storm, Marvin Ellstrom, and Roger “Red” Kirkman.
1935-Benny Goodman begins engagement at Congress Hotel, Chicago. Original one-month contract extended six months, ending May 23, 1936.
1936-Woody Herman’s new band first records, Decca.
1945-Ensign Jake C. West in an FR-! Fireball on the escort aircraft carrier “Wake Island” off San Diego, CA, made the first jet-propelled landing on an aircraft carrier. The Fireball, a Ryan-built navy fighter plane, was powered by both turbojet and a conventional reciprocating engine, and normally used its reciprocating power plant for takeoff and landing, switching over to the jet as either an exclusive or a supplementary propulsive force once it was in the air. As West was landing, the reciprocating engine power failed, and he landed using jet power.
1945---Top Hits
Till the End of Time - Perry Como
I’ll Buy that Dream - The Pied Pipers
That’s for Me - Dick Haymes
With Tears in My Eyes - Wesley Tuttle
1947—“Meet the Press” premiers on TV. "Meet the Press" holds the distinction of being the oldest program on TV. The show has changed its format little since it began: a well-known guest (usually a politician) is questioned on current, relevant issues by a panel of journalists. The moderators throughout the years have included Martha Rountree, Lawrence E. Spivak, Ned Brooks, Bill Monroe, Marvin Kalb, Chris Wallace and Garrick Utley. The current host is Tim Russert.
He closes the show with “Go Bills!!!” during the baseball season as he was raised in Buffalo, New York. He has two best selling books, “Sons and Daughters,” a follow-up to “Big Russ and me.” I highly recommend them to you.
1948 - Glenn Frey of the Eagles is born in Detroit. He has two solo hits that reach No. 2 on Billboard's Hot 100: "The Heat Is On" and "You Belong to the City."
1948 - No. 1 Billboard Pop Hit: "Buttons and Bows," Dinah Shore.
1949-Trumpet player Arturo Sandoval born Havana, Cuba
http://www.panplayers.com/panpage1.htm
http://www.vervemusicgroup.com/artist.aspx?aid=2727
http://www.arturosandoval.com/Biography.asp
1951 -record snowfalls Snow fell from the Texas panhandle to the Lower Great Lakes, leaving record totals of 12.5 inches at Saint Louis MO, and 14.1 inches at Springfield MO. Other heavier snowfall totals included 20 inches at Nevada MO, 13.5 inches at Sedan KS, 13 inches at Decature IL, and 10 inches at Alva OK. In the Saint Louis area, up to 20 inches was reported in Washington County.
1953---Top Hits
Vaya Con Dios - Les Paul & Mary Ford
You, You, You - The Ames Brothers
Ebb Tide - The Frank Chacksfield Orchestra
I Forgot More Than You’ll Ever Know - The Davis Sisters
1953 - An intense east coast storm dumped 27 inches of snow in the Pennsylvania mountains, 11 inches in Harrisburg, PA, 8 inches in Philadelphia, 4 inches in Washington, D.C. and 3 at Richmond, VA. Winds gusted to 98 mph at Block Island, RI.
1955-Maria Owings Shriver (Schwarzenegger) birthday, broadcast journalist ("Today"), wife of governor-elect of California, born Chicago, IL.
1956 - President Eisenhower was re-elected, beating Democrat Adlai E. Stevenson in a landslide. Eisenhower was the first Republican president to win reelection since William McKinley in 1900. Although Eisenhower carried 41 states, the Democrats retained control of both houses of Congress. The electoral vote was Eisenhower, 457: Adlai E. Stevenson, Democrat of Illinois, 74. The popular vote was Eisenhower, 35,387,015: Stevenson, 25,875,408. IN congressional elections the Democrats gained one Senate seat for a 49-47 majority. In the House they gained one seat for a 233-200 majority.
1961 - Strong Santa Ana winds fanned the flames of the Bel Air/Brentwood fires in southern California destroying many homes. Burbank reported a relative humidity of three percent
1961---Top Hits
Big Bad John - Jimmy Dean
Fool #1 - Brenda Lee
This Time - Troy Shondell
Walk on By - Leroy Van Dyke
1962-The first president with a brother in the Senate was John Fitzgerald Kennedy, whose brother Edward Moore Kennedy was elected to fill his unexpired term as senator from Massachusetts after he was elected president.
1965-The Animals' "It's My Life" is released.
1965-Bill Graham, who will become one of rock's most powerful entrepreneurs, produces his first rock concert at the Fillmore Auditorium in San Francisco. The show features the Grateful Dead, Jefferson Airplane and the Charlatans.
1965-The Animals' "It's My Life" is released.
1967-“The Phil Donahue Show” premiered on TV. The forerunner of Oprah, Jerry, Montel, etc., this first talk show with audience participation went on the air this date at Dayton, OH. The first guest interviewed by host Phil Donahue was atheist Madelyn Murray O’Hair. In 1980 the program went national: it moved to Chicago in 1974 and to New York in 1985. In later years the program was titled, “Donahue.” After winning 19 Emmys Awards, the show left daytime TV in 1966. In 2002, he returned to the airways, but in the age of “realism” and “survival,” and loyal followings for other popular talk shows, the show flopped. His fans had moved on.
1968--First day of San Francisco State College strike.
1969---Top Hits
Suspicious Minds - Elvis Presley
Wedding Bell Blues - The 5th Dimension
Baby It’s You - Smith
The Ways to Love a Man - Tammy Wynette
1972-Deep Purple's "Machine Head" LP goes gold.
1973-Coleman Young elected mayor of Detroit, becoming one of the first two Black mayors of city with over a million citizens. Died November 29, 1997
http://www.e-portals.org/Young/young.htm
http://www.is.wayne.edu/mnissani/elephant/young.htm
http://www.cnn.com/US/9711/29/young.obit.pm/
1973-Thomas Bradley elected mayor of Los Angeles at a time when Blacks represented only 15% of the LA electorate, becoming one of the first two Black mayors of city with over a million citizens. Died September 2, 1998
http://www.rootsweb.com/~txrober2/TOMBRADLEY.htm
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/
1998/09/30/MN27383.DTL
1975-“Good Morning, America” premiered on TV. This ABC morning program, set in a living room, is a mixture of news reports, features and interviews with newsmakers and people of interest. It was the first program to compete with NBC's "Today" show and initially aired as "A.M. America." Hosts have included David Hartman, Nancy Dussault, Sandy Hill, Charles Gibson, Joan Lunden, Lisa McRee, Kevin Newman and Diane Sawyer.
1977---Top Hits
You Light Up My Life - Debby Boone
Nobody Does It Better - Carly Simon
Boogie Nights - Heatwave
I’m Just a Country Boy - Don Williams
1984- Madeline M. Kunin, by a margin of 4,000 votes is elected governor of Vermont. Arlene Violet, a former Roman Catholic nun, becomes the first woman to be elected Attorney General of Rhode Island.
http://www.ed.gov/offices/ODS/kunin.html
http://www.amazon.com/exec/obidos/tg/detail/-/0517178605/qid=1068005260/sr=
1-1/ref=sr_1_1/104-6431180-5019133?v=glance&s=books
1985---Top Hits
Part-Time Lover - Stevie Wonder
Miami Vice Theme - Jan Hammer
Head over Heels - Tears For Fears
Some Fools Never Learn - Steve Wariner
1986 - For the fall 1988 season, WOR-TV in Secaucus, New Jersey paid $182,000 per episode of "The Cosby Show". The price was a record for a syndicated show, beating previous marks of $80,000 per show for "Cheers".
1986 -- Seattle wide receiver Steve Largent catches a pass in his 128th straight game, breaking the NFL record for most consecutive games with a reception.
1987 - High winds in the northeastern U.S., turning a recent warm spell into a distant memory, gusted to 63 mph at Rhode Island. Squalls resulting from the high winds produced five inches of snow at Marquette MI and seven inches at Rome NY. A storm in the southwestern U.S. brought heavy snow to some of the higher elevations of Arizona, Colorado and Utah.
1988 - A powerful storm in the northern Great Lakes drops 2 feet of snow along the shore of Lake Superior and 3 feet in the Porcupine Mountains of Upper Michigan. Marquette established a November record with 17.3 inches in 24 hours.
1989 - Unseasonably warm weather prevailed in the south central and southeastern U.S. Nine cities from Florida to Oklahoma and Texas reported record high temperatures for the date as readings warmed into the 80s. The high of 89 degrees at the Dallas/Fort Worth Airport in Texas equaled their record for November.
1995 - Art Modell, the owner of the Cleveland Browns, announced plans to move the team to Baltimore.
2002- Citing Dusty Baker's reluctance to stay with the organization, an unhappy general manager Brian Sabean announces the Giant skipper of the last 10 years will not be back to manage in San Francisco next season. The NL pennant-winning skipper joins
the Chicago Cubs, but after a losing season in 2006, is also let
go.
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Baseball Poem
Often read before a football game:
Willian Ernest Henley (1875) .
Out of the night that covers me,
Black as a Pit from pole to pole,
I thank whatever gods may be
For my unconquerable soul.
In the fell clutch of circumstance
I have not winced nor cried aloud,
Under the bludgeoning of chance
My head is bloody, but unbowed.
Beyond this place of wrath and tears
Looms but the horror of the shade,
And yet the menace of the years
Finds, and shall find me, unafraid.
It matters not how straight the gate,
How charged with punishments the scroll,
I am the master of my fate:
I am the Captain of my soul.
[headlines]
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SuDoku
The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?
http://leasingnews.org/Soduku/soduko-main.htm
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[headlines]
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