Seeking 2 Years + Experience, Vendor Focus Preferred
Well Established Funding Sources
Nearly 15 Years Reputation for Performance
Large Commission Structure with the Right Book of Business
Confidential Interview: Sarah Weston
Resume: jobs@taycor.com, (310) 895-7718
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Wednesday, November 4, 2009
Actress Doris May Roberts born November 4, 1930 St. Louis, Missouri; perhaps best known for playing Marie Barone on "Everybody Loves Raymond.(210 episodes, 1996-2005)" She has been on many
television shows, including playing Mildred Krebs in "Remington Steele (72 episodes, 1983-1987)."
http://www.imdb.com/name/nm0005368/
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Headlines---
Pictures from the Past
1991 - Russ Runnals-Charlie Meaker, CLPs
Classified Ads---Senior Management
Classified Ads---Help Wanted
Marlin Cuts Expenses to Produce Profit
Advantage Funding hires two
Walnut Creek, California -- Adopt a Pet
Sales makes it Happen--by Mr. Terry Winders, CLP
The Use of Lease Proposals
Lease Proposal Forms
CLP New Website/Nov. spotlights Winders/Hosapple
NACM Credit Manager Index "Good News"
Placard---For your car or office wall
News Briefs----
CIT Group Judge Allows Loans, Fast-Track BK
Banks sue Catholic Diocese over equipment leases
GreatAmerica Coming to Market w/Equipment Lease Deal
Asset-Backed Deals Pile Up Ahead Of TALF Deadline
IASB, FASB exclude from new accounting rule
Buffett Bets Big on Railroads' Future
More walk away from homes, mortgages
New York/New Jersey Election Results
Demo Wins House Seat Heavily GOP Area in NY
Michael Irvin voted off Dancing with the Stars
You May have Missed---
Sports Brief---
"Gimme that Wine"
Today's Top Event in History
This Day in American History
California Nuts Brief---
Baseball Poem
SuDoku
Daily Puzzle
GasBuddy
Weather, USA or specific area
Traffic Live----
######## surrounding the article denotes it is a “press release”
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Pictures from the Past
1991 Russ Runnals-Charlie Meaker, CLPs
Receiving his Certified Leasing Professional Plaque from Certification Committee Chairman Russ Runnalls, CLP, Charter Equipment Leasing (left) is Charles Meaker, CLP, President, Lease Financing, Inc., Tucson, Arizona.
[headlines]
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Classified Ads---Senior Management
Philadelphia, PA
Executive that led vendor technology leasing start-ups for US Bancorp and Wells Fargo. Hired and managed vendor teams in technology, office equipment, telecom and transportation.
Email: jjacee@verizon.net |
Europe
25+ yrs exper. management roles Chase, AT&T Capital, Heller Financial, SFS. Develop biz from “scratch to success”. Looking for challenging & pioneering job.
Email: frans@alliedproperty.net |
Philadelphia, PA
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries.
email: mccarthy2020@comcast.net |
Philadelphia Metro Area - 30 Years experience Healthcare sales/ management- 3 years experience newly create "small-ticket" healthcare division.
Good success - Mitch Utz
215-460-4483
Email: mitutz@msn.com |
For a full listing of all "job wanted" ads, please go to:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
Other e-Mail Posting Sites:
http://www.leasingnews.org/Classified/Posting_sites.htm
[headlines]
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Classified Ads---Help Wanted
Seeking 2 Years + Experience, Vendor Focus Preferred
Well Established Funding Sources
Nearly 15 Years Reputation for Performance
Large Commission Structure with the Right Book of Business
Confidential Interview: Sarah Weston
Resume: jobs@taycor.com, (310) 895-7718
|
Interviewing Experienced Leasing Salespeople
With Ability to Develop Vendor Relationships
52 year old, Family- owned, Self Funded,
Small Ticket Company
Resumes to: tgalvin@clune.net
www.clune.net
|
Vendor/Dealer Leasing Professional, generous commission's package that can lead to base salary and benefits. Join a sales team that has all the right sales tools for developing a successful vendor program in many different industries.
Chris Chiappetta, Phone: 800-669-7527 ext. 1208, chris@netlease.com
National Machine Tool Financial Corp., funding vendor
programs since 1986. We offer competitive rates and a
credit staff dedicated to vendor programs.
www.netlease.com
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5 years experience with established vendor relationships.
We offer great funding capacity for transactions $10k to $10MM.
Quail Company's established for over 30 years.
Submit resume to: jrudin@quailcap.com
About the company: Quail Equipment Leasing 17 years in business with the ability to develop specialized programs for vendors and unique industries: $10K to $10MM.
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[headlines]
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Marlin Cuts Expenses to Produce Profit
Marlin Business Services, Mount Laurel, New Jersey salary and administrative costs are down, nine months from $17.8 million to $14.9 and $11.6 to $9.7 million and certainly the Marlin Industrial Bank rate is better than the Wells Fargo Foothill borrowing rate. To say the least, management is running quite a trim ship and remaining productive as the small ticket finance and leasing company reported third quarter 2009 net income of $508,000; on an adjusted basis of $1.2 million. share.
"We are strongly encouraged by the asset quality results this quarter" says Daniel P. Dyer, Marlin's CEO. "Our focused, proactive approach to credit early into the recession has resulted in improving credit quality during a period when the overall market indicators are negative."
"Looking to the future, the company is well positioned to capitalize on growth bolstered by our strong, well capitalized balance sheet, access to the credit markets and strengthening fundamentals on the credit side," added Dyer.
Third quarter lease production was $16.8 million, based on initial equipment cost, compared to $15.8 million for the second quarter of 2009. The average implicit yield on new lease production continues to remain strong and was 15.62% for the third quarter of 2009.
"During the three months ended September 30, 2009, we generated 1,916 new leases with a cost of $16.8 million compared to 5,837 new leases with a cost of $59.0 million generated for the three months ended September 30, 2008. The reduction in volume was primarily due to our decision to proactively lower approval rates in response to economic conditions. Overall, our average net investment in total finance receivables for the three-month period ended September 30, 2009 decreased 25.4% to $526.8 million compared to $706.5 million for the three-month period ended September 30, 2008.
"At September 30, 2009, the Company has outstanding $97.3 million of leases and loans funded through its banking subsidiary, Marlin Business Bank, and have $80 million in FDIC insured deposits outstanding at an average borrowing rate of 3.45% with a weighted average term to maturity of 2.6 years. Third quarter 2009 average deposit outstandings were $79.4 million at a weighted average interest rate of 3.42%."
SEC filing
"Personnel costs represent our most significant overhead expense and we actively manage our staffing levels to the requirements of our lease portfolio. As a financial services company, we continue to be impacted by the challenging economic environment. As a result, we proactively lowered expenses in the first quarter of 2009, including reducing our workforce by 17% and closing our two smallest satellite sales offices (Chicago and Utah). A total of 49 employees company-wide were affected as a result of the staff reductions in the first quarter of 2009. We incurred pretax severance costs in the three months ended March 31, 2009 of approximately $500,000 related to the staff reductions. The total annualized pretax salary cost savings that are expected to result from the reductions are estimated to be approximately $2.3 million.
During the second quarter of 2009, we announced a further workforce reduction of 24%, or 55 employees company-wide, including the closure of our Denver satellite office. We incurred pretax severance costs in the three months ended June 30, 2009 of approximately $700,000 related to these staff reductions. The total annualized pretax salary cost savings that are expected to result from these reductions are estimated to be approximately $2.9 million. Although we believe that our estimates are appropriate and reasonable based on available information, actual results could differ from these estimates.
In comparison, during the first quarter of 2008 we reduced our workforce by approximately 51 employees and incurred related pretax severance costs of approximately $501,000. The total annualized pretax cost savings resulting from this reduction were estimated to be approximately $2.6 million."
SEC filing
"Interest expense decreased $2.4 million to $6.4 million for the three-month period ended September 30, 2009 from $8.8 million for the three-month period ended September 30, 2008. The decrease was primarily due to lower average total finance receivables combined with a shift in mix from borrowings to less expensive deposits. Interest expense, as an annualized percentage of average total finance receivables, decreased 9 basis points to 4.89% for the three-month period ended September 30, 2009, from 4.9 8% for the same period in 2008."
SEC Filing
"The opening of our wholly-owned subsidiary, Marlin Business Bank, on March 12, 2008 provides an additional funding source. Initially, FDIC-insured deposits are being raised via the brokered certificates of deposit market and from other financial institutions on a direct basis. Interest expense on deposits was $690,000, or 3.47% as a percentage of weighted average deposits, for the three-month period ended September 30, 2009. The average balance of deposits was $79.4 million for the three-month period ended September 30, 2009. Interest expense on deposits was $462,000, or 4.2 1% as a percentage of weighted average deposits, for the three-month period ended September 30, 2008. The average balance of deposits was $43.9 million for the three- month period ended September 30, 2008.
Insurance income. Insurance income decreased $423,000 to $1.2 million for the three-month period ended September 30, 2009 from $1.6 million for the three-month period ended September 30, 2008, primarily due to lower billings from lower total finance receivables.
Other income. Other income decreased $15,000 to $409,000 for the three-month period ended September 30, 2009 from $424,000 for the three-month period ended September 30, 2008, primarily due to the impact of lower transaction volumes."
SEC filing
"On October 9, 2009, the Company closed on a $75,000,000 three-year committed funding facility with the Lender Finance division of Wells Fargo Foothill, part of Wells Fargo & Company."
SEC filing
"WHEREAS, the Board of Directors of the Company desires to amend the Plan to increase the maximum aggregate number of shares of the Corporation's stock that shall be subject to grants made under the Plan to any individual during any calendar year from 100,000 shares to 200,000 shares."
SEC Filing
Marlin Press Release with financial statement:
http://leasingnews.org/PDF/Marlin_3rd_Quarter_09.pdf
SEC Filing: Marlin 10-Q 9/30/2009:
http://leasingnews.org/PDF/Marlin%20SEC%203rd%20Quarter.pdf
[headlines]
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Advantage Funding hires two
"These two new employees were hired through the ad we placed in Leasing News. Thanks again for helping us find quality people.
"Best regards,"
Ed
Edward P. Kaye
Advantage Funding
1111 Marcus Avenue
Suite M27
Lake Success, NY 11042
866.392.1300 ext. 786
516-280-1786 Direct Dial
718-392-5427 FAX
www.advantagefund.com
### Press Release #####
Advantage Funding Hires Richard Mitchell as Dallas based Regional Manager and Omar Diaz as New York based Relationship Manager
Lake Success, New York - The Advantage Funding group of Companies, announced that Richard Mitchell has been hired as Dallas based Regional Manager and Omar Diaz has been hired as New York based Relationship Manager.
"Richard will coordinate our commercial lease and loan originations from his office in Dallas to better serve our dealers and customers in the Southwest. He is a venerable and respected equipment lease and loan originator and we are fortunate to have him on our team," said Donald J. Coolbaugh, Vice President of Sales.
Prior to joining Advantage Funding, Mitchell held similar positions with U.S. Bank Manifest Funding Services, Credit Union Services, and Felco Auto Leasing.
"I was attracted to this opportunity because it allows me to utilize my skills and territory contacts in a managerial role and be a part of the premier finance company to the ground transportation industry. The company's culture and industry expertise are second to none and I'm fortunate to be part of the team," said Mr. Mitchell.
Omar Diaz is responsible for servicing in house vendor programs and leads as well as customer renewals. "Omar has been on the banking side of the finance business for many years and I'm excited to put his contacts and experience to use as an originator," said Edward P. Kaye, President. "I look forward to the challenge and putting my skills to use," added Diaz.
Prior to joining Advantage Funding, Diaz held positions with Studebaker Worthington (a division of Main Street Bank), Bank of the West, European American Bank, and Tilden Financial Corp.
Advantage Funding is a leading noncaptive commercial vehicle leasing and financing company to the ground transportation industry and is a subsidiary of Marubeni America Corporation, the multinational general Japanese trading company.
### Press Release #####
[headlines]
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Walnut Creek, California -- Adopt a Pet
Henny Penny
Breed: Dachshund / Terrier (Unknown Type, Small) Mix
Size: Small 25 lbs (11 kg) or less
Color: Tan/Yellow/Fawn
Sex: Female
Age: Senior
Henny Penny is:
already spayed
good with kids
good with dogs
up to date with shots
Henny Penny's story...
8-year-old Henny Penny is a social and easygoing girl who loves everyone she meets. Going to training classes is a great way for her to bond with her new family members while meeting new people, socializing with other dogs and brushing up on her manners. Henny Penny is rated for children of any age. She currently weighs 18 pounds and is suitable for a first time dog owner.
Henny Penny's primary caregiver must be present for the adoption process. Family members 16 years and younger (including canine family members) are encouraged to participate as well. Please visit ARF's web site for more details about how to adopt any of ARF's cute canines.
Contact this rescue group to adopt Henny Penny ...
Rescue Group: Tony La Russa's Animal Rescue Foundation (ARF)
Pet ID #: 21123
Phone: (925) 256-1273
http://www.adoptapet.com/animal-shelter-search?city_or_zip=+94596&distance=35&adopts_out=dogs
Adopt a Pet
http://www.adoptapet.com/
Leasing News (by State, City)
http://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm
[headlines]
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Sales Make it Happen
The Use of Lease Proposals
By Terry Winders, CLP
The difference between a professional salesperson, and an order taker, has to do with how you discover the customer's true interest and what they will accept in a lease transaction. The proposal is an excellent tool to do this if you take the time to construct it wisely and include all of the differences that set you apart from your competition plus a complete explanation of the type of transaction you are proposing.
A lease proposal when presented correctly can properly present your terms and conditions to the potential lessee, however, it requires a complete presentation of all your terms and conditions. Space here does not lend itself to present a proper proposal so the discussion will address its purpose.
Some poorly presented proposals only discuss the rental terms and the three end of the lease options. While this may be acceptable in small ticket leases it will lose you most middle market transactions where the average customer is searching for the best "deal" and only understands a little about what a lease can do for them.
A professional lease salesperson extracts as much information as possible from discussions with the customer but also knows the importance of discovering your differences, or advantages, from your competition. These differences cover a large area such as grace periods, stipulated loss requirements, late charge assessments, property tax procedures, differences in documentation, return conditions or location, and ease of doing business.
Differences are advantages if presented correctly and differences abound if you look for them.
One of the most important steps, is the last one, often over looked, and in the parlance, can be a "conditional close," if done properly:
Review the proposal with your customer to view their reaction to each of your terms or conditions.
Most professional salespeople will tell you that they only discover the customer's true interest as they review the terms of the proposal. They usually have to modify the proposal to reflect the new facts, from the presentation, and return at a later date with the corrected presentation.
One of the secrets of presenting a proposal is to only give the customer a proposal termination date that is shorter than they want. If your proposal is the best they have then they will argue with you about the date.
If the "conditional close" did not work, it may mean you are not competitive. They will disregard the date and this should ring an alarm bell in you mind. Don't be fooled that the sale is "closed."
Proposals are only a tool. They do not sell your lease--- you do.
It is common for customers to pick up suggestions from other presentations and change their minds. If you just send them your proposal thinking that it is only the rate or payment that is the determining factor, you are missing the boat.
Each day the customer is exposed to new ideals and is prone to have a new thought as to what they want. You have to stay on top of these changes if you are to succeed. Many top salesmen believe the sale is closed after the equipment is delivered and accepted, and their commission clears the bank---not when the commitment letter is signed.
--
Terry Winders, CLP
Lease training and Consulting
502-327-8666
leaseconsulting@msn.com
(This ad is a "trade" for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)
|
[headlines]
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Lease Proposal Forms
Commitment letter for middle to large size leases:
This form is one of the most widely used in the leasing industry and covers most of the bases. Note: Last sentences about the signatures makes this more a "proposal," than commitment. If required, these sentences may be removed.
http://two.leasingnews.org/loose_files/Generic%20commit%20Letter.DOC
This form charges a fee to process the application:
http://two.leasingnews.org/loose_files/Lease_app_agreement.rtf
There are many one page proposals that are not legal but pasted together. Some are explicit, meaning there is a non-refundable document/processing fee of $595 or specific dollar, spelled out that if the lease goes forward or does not go forward for any reason, it is non-refundable.
A better form when in such situations was "constructed" by Leasing News Advisory Board attorney Kenneth Greene, now at partner at Hamrick & Evans, LLP, Universal City, California, with offices also in Northern California.
http://www.leasingnews.org/Conscious-Top%20Stories/Greene_Lease_agreement.htm
Loans or "Working Capital" commitment letters are explicit and require the broker to often be licensed. This form is for use in California:
http://two.leasingnews.org/loose_files/Authorization_to_find_lender.rtf
((click on ad to learn more))
(Leasing News provides this ad "gratis" as a means
to help support the growth of Lease Police
|
[headlines]
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[headlines]
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NACM Credit Manager Index "Good News"
The National Association of Credit Manager (NACM) Index state, "...the best way to characterize the situation is to say that the beatings on the economy have stopped, but that every bone has been broken. The recovery started slowly in the last few months and will continue to progress slowly and not without some reversals from time to time, but news of the last few days of October has been especially solid with the third quarter GDP numbers stronger than anticipated."
NACM's Economic Analyst Dr. Chris Kuehl said that there were two streams of good news, "Not only has there been some expansion in terms of credit availability, but there continues to be evidence that companies are catching up on their debt. Over the last few weeks, I have spoken at a several NACM events and have heard similar stories at each. Companies that had been behind in their obligations are catching up in anticipation of further growth and the need to ask for more credit in the future. By the same token, comments by attendees suggest that there is more money starting to filter into the system, making credit more accessible than it has been in some time."
The manufacturing sector finally crested the 50 mark this month, a long-awaited development and one that is consistent with other economic data coming from the industrial community as a whole. "After falling just short of the growth mark in September at 49.6, manufacturing numbers are now past the neutral zone and are standing at 51.2," said Kuehl. "This is a pretty sharp gain given the slow development over the last several months. While it took from July to September to move 1.3 points, it only took one month for the sector to move 1.6 points to reach October's numbers. This is rapid expansion by any measure."
"The good news from the service side is that there is still growth despite the challenges, providing optimism that the November numbers will be more impressive."
Full NACM report:
http://leasingnews.org/PDF/NACM_Oct09.pdf
About the National Association of Credit Management
The National Association of Credit Management (NACM), headquartered in Columbia, Maryland, supports approximately 19,000 business credit and financial professionals worldwide with premier industry services, tools and information. NACM and its network of Affiliated Associations are the leading resource for credit and financial management information and education, delivering products and services, which improve the management of business credit and accounts receivable. NACM's collective voice has influenced legislative results concerning commercial business and trade credit to our nation's policy makers for more than 100 years, and continues to play an active part in legislative issues pertaining to business credit and corporate bankruptcy.
[headlines]
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News Briefs----
[headlines]
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You May have Missed---
[headlines]
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Sports Briefs----
[headlines]
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California Nuts Briefs---
[headlines] ----------------------------------------------------------------
"Gimme that Wine"
Wine Prices by vintage
http://www.winezap.com
US/International Wine Events
http://www.localwineevents.com/ http://www.wine-searcher.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] ----------------------------------------------------------------
Today's Top Event in History
1939-The Packard Motor Car Company, Detroit, publicly exhibited the first air-conditioned car at the 40th Automobile Show, Chicago, IL. Air in the car was cooled to the temperature desired, dehumidified, filtered, and circulated. The refrigerating coils were located behind the rear seat in tan air duct, with heating coils into another compartment of the same duct. The capacity of the unit was equivalent to 1.5 tons of ice in 24 hours when the car was driven at 60 miles per hour, or 2 tons at 80 miles per hour. The invention was first offered to the Ford Motor Company, invented by the Greenberg Brothers. It was a sweltering August day when the three Greenberg Brothers entered the posh Dearborn, Michigan offices of the notoriously anti- Semitic carmaker, Henry Ford. "Mr. Ford," announced Hyman Greenberg, the eldest of the three, "we have a remarkable invention that will revolutionize the automobile industry."
Ford looked skeptical, but their threats to offer it to the competition kept his interest piqued. Hi Greenberg continued, "We would like to demonstrate it to you in person." After a little cajoling, they brought Mr. Ford outside and asked him to enter a black car that was parked in front of the building. Norman Greenberg, the middle brother, opened the door of the car. "Please step inside, Mr. Ford." "What!" shouted the tycoon, "are you crazy? It must be one hundred degrees in that car!" "It is," smiled the youngest brother, Max, "but sit down, Mr. Ford, and push the white button." Intrigued, Ford pushed the button. All of a sudden a whoosh of freezing air started blowing from vents all around the car, and within seconds the automobile was not only comfortable, it was quite cool! "This is amazing!" exclaimed Ford. "How much do you want for the patent?" Norman spoke up. "The price is one million dollars." Then he paused, "And there is something else. We want the name 'Greenberg Brothers Air Conditioning' to be stamped right next to the Ford logo." "Money is no problem," retorted Ford, "but no way will I have a Jewish name next to my logo on my cars!" They haggled back and forth for a while and finally they settled. One and one half million dollars, and the name Greenberg would be left off. However, the first names of the Greenberg brothers would be forever emblazoned upon the console of every Ford air conditioning system. And that is why today, whenever you enter a Ford vehicle you will see those three names clearly defined on the air-conditioning control panel: Max-Hi-Norm
[headlines]
----------------------------------------------------------------
This Day in American History
1646 -The Massachusetts Bay Colony passed a law making it a capital offense to deny that the Bible was the Word of God. Any person convicted of the offense was liable to the death penalty.
1791 - General Arthur St. Clair, governor of Northwest Territory, was badly defeated by a large Indian army near Fort Wayne. Miami Indian Chief Little Turtle led the powerful force of Miami, Wyandot, Iroquois, Shawnee, Delaware, Ojibwa and Potawatomi that inflicted the greatest defeat ever suffered by the U.S. Army at the hands of North American Indians. Some 623 regulars led by General Arthur St. Clair were killed and 258 wounded on the banks of the Wabash River near present day Fort Wayne, Indiana. The staggering defeat moved Congress to authorize a larger army in 1792.
1798 - Congress agreed to pay a yearly tribute to Tripoli, considering it the only way to protect U.S. shipping. The US has no appreciable Navy as yet. This is the most expedient and assured way to protect American shipping in the Mediterranean.
1856 - James Buchanan was elected US president. Stephen A. Douglas coveted the Democratic nomination in 1856, but his reputation had been badly tarnished by ongoing violence in Kansas. In his place the Democrats turned to James Buchanan, who had been the minister to Britain from 1853 to 1856 and was not linked to the Kansas issue. The Republicans ran their first presidential campaign in 1856, choosing noted Western explorer John C. Frémont, “The Pathfinder." Frémont had no political record (regarded as a plus), but held abolitionist views (a negative in the eyes of many moderates). The Republicans ran a campaign calling for repeal of the hated Kansas-Nebraska Act, opposition to the extension of slavery into the territories and support for internal improvement projects. They also took every opportunity to blame the Democrats for the horrors of “Bleeding Kansas." Buchanan emerged the victor, but failed to gain a majority of the popular vote. In fact, a shift of a small number of votes in several states would have tipped the electoral tally to the Republicans. Mirroring the sectional feelings of the day, the Democrats were strong in the South, the Republicans in the North. The election in 1856 brought a weak president to leadership in a badly divided nation.
1862-The Gatling gun, designed by Richard Jordan Gatling, was given a patent. Its chief feature, six barrels revolving around a central axis, permitted high rates of fire. The first gun was, which fired 250 shots a minute, was made in Indianapolis. It was not employed by Union forces for over two years, first utilized in the siege of Petersburg, Virginia in the 1864-65 battles. The military did not know how to utilize the new weapon and the general was later demoted. It was later utilized successfully by the military in the West against American Indians who had bows and arrows, (a few had captured rifles but had no ammunition.)
1873- Dentist John Beers of San Francisco patents the gold crown
1898- The first church to bear the Pentecostal Holiness name was organized at Goldsboro, NC, under the leadership of Methodist evangelist Ambrose Blackman Crumpler, 35.
1864-Battle of Johnsonville, Tennessee. In the summer of 1864, Sherman captured Atlanta, and by November he was planning his march across Georgia. Meanwhile, the defeated Confederates hoped that destroying his line would draw Sherman out of the Deep South. Nobody was better at raiding than Forrest, but Union pursuit had kept him in Mississippi during the Atlanta campaign. Johnsonville was an important transfer point from boats on the Tennessee River to a rail line that connected with Nashville to the east. When Sherman sent part of his army back to Nashville to protect his supply lines, Forrest hoped to apply pressure to that force. Forrest began moving part of his force to Johnsonville on October 16, but most of his men were not in place until early November. Incredibly, the Union forces, which numbered about 2,000, seem to have been completely unaware of the Confederates just across the river. Forrest brought up artillery and began a barrage at 2 p.m. on November 5. The attack was devastating. One observer noted, "The wharf for nearly one mile up and down the river presented one solid sheet of flame." More than $6 million worth of supplies were destroyed, along with four gunboats, 14 transports, and 20 barges. General George Thomas, commander of the Union force at Nashville, had to divert troops to protect Johnsonville. After the raid, Forrest's reputation grew, but the raid did not deter Sherman from embarking on the March to the Sea, his devastating expedition across Georgia.
1879-Birthday of Will Rogers, American writer, actor, humorist and grassroots philosopher, born at Oologah, Indian Territory ( now Oklahoma). With aviator Wiley Post, he was killed in an airplane crash near Point Barrow, AK, August 15, 1935. “ My forefathers, “ he said, “didn't come over on the Mayflower, but they met the boat.”
1879-African-American T. Elkins patents the refrigerating apparatus.
1884-Grover Cleveland was elected president of the United Sates; Thomas A. Hendricks was elected vice-president. The electoral vote was Cleveland, 219; James G. Blaine, Republican of Maine, 182. The popular vote was Cleveland 4,911,017; Blaine 4,848,334. In congressional elections, the Republicans gained five seats in the Senate to gain a 43-34 majority. In the House, the Republicans gained 22 seats, but the Democrats held a 183-140 majority. Robert M. La Follette, ‘Republican of Wisconsin, was elected to his first term in the House of Representatives. A celebrated presidential campaign slogan aimed at Grover Cleveland was, “Ma,Ma, where's my Pa?---a reference to Cleveland's admission that he fathered a child out of wedlock. To this query the Democrats would reply, “ Gone to the White House, ha, ha, ha.”
1897- the first Library of Congress building opened its doors to the public. Previously, the Library had been housed in the Congressional Reading Room in the U.S. Capitol.
http://memory.loc.gov/ammem/today/nov01.html
1906-Birthday of Robert Bernard “Bob” Considine, sportswriter and author, born at Washington, DC. Considine parlayed some early success as a tennis player and a job as a federal government clerk into a career as a sportswriter. He covered baseball starting in 1933 and soon became a columnist for the Hearst newspapers. He branched out into politics and national affairs and served as a war correspondent during World War II. He wrote or coauthored more than 25 books, including the screenplay for “Pride of the Yankees,” the film biography of Lou Gehrig, Died at New York, NY, Sept 1, 1975.
1916-Birthday of Walter Leland Cronkite, Jr., journalist, former anchor for “CBS Evening News, Born St. Joseph, MO.
1918-Birthday of Art Carney, actor ( Oscar for “Harry and Tonto; six Emmys for “The Honeymooners.”, born Mount Vernon, NY.
1919-Birthday of bass player Joe Benjamin, Atlantic, City, NJ
http://www.jazzvalley.com/musician/joe.benjamin
http://shopping.yahoo.com/shop?d=product&id=1927041585
1920—Women voted nationally for the first time as constitutional bars lifted by 21st amendment.
1922—Birthday of pianist Ralph Sutton, Hamburg, MO
http://www.artistdirect.com/music/artist/bio/0,,499089,00.html?artist=Ralph+Sutton
http://www.riverwalk.org/profiles/sutton.htm
http://www.jazzcanadiana.on.ca/_SUTTON.htm
1924 - Calvin Coolidge was elected to the top office of the United States. Coolidge was already in the office of president having to complete Warren G. Harding's term (Harding died in office). The electoral vote was Coolidge 382; John, W. Davis, Democratic candidate, 13. The popular vote was Coolidge 15,725,016; Davis 8,385,503, La Follette, 4,822,856. The huge Republican victory in the presidential election was anticipated The Democrats had torn themselves apart in a struggle for the nomination. Gov. Alfred E. Smith of New York represented the East and the big cities, and William G. McAddo of Tennessee, the southern and western parts of the country. The eventual nominee was John W. Davis, an able man but almost unknown to the voters. The Republicans, on the other hand, could point with pride to Calvin Coolidge and a record of prosperity. The Democrats tried to make much of the scandals of the Harding administration but failed to stir the electorate. In fact, despite a strong third party in the field, only about half of those eligible to vote did so.
1924-The first woman governor was Nellie Taylor Ross, Wyoming, elected to fill the unexpired term of her late husband, William Bradley Ross. From 1933 to 1935, she served as director of the Mint, the first woman to do so.
1926-Birthday of percussionist Carlos “Potato” Valdez, Havana, Cuba
http://www.jazzgalerie.de/galerieseiten/VC1.HTM
1927 - A great Vermont flood occurred. Tropical rains deluged the Green Mountain area of Vermont causing the worst flood in the history of the state. Torrential rains, up to 15 inches in the higher elevations, sent streams on a rampage devastating the Winooski Valley. Flooding claimed 200 lives and caused 40 million dollars damage. The town of Vernon reported 84 deaths. Flooding left up to eight to ten feet of water in downtown Montpelier VT. (2nd-4th)
1928-Arnold Rothstein, New York's most notorious gambler is shot and killed during a poker game at the Park Central Hotel in Manhattan. After finding Rothstein bleeding profusely at the service entrance of the hotel, police followed his trail of blood back to a suite where a group of men were playing cards. Reportedly, Rothstein had nothing good in his final hand. In the 1920's, Rothstein began purchasing nightclubs, racehorses, and brothels. He had such a formidable presence in the criminal underworld that he was reportedly once paid half a million dollars to mediate a gang war. As Rothstein's fortune grew to an estimated $50 million, he became a high-level loan shark, liberally padding the pockets of police and judges to evade the law. He is fabled to have carried around $200,000 in pocket money at all times.
Rothstein's luck finally ran out in 1928 when he encountered an unprecedented losing streak. At a poker game in September with "Hump" McManus, "Nigger Nate" Raymond, and "Titanic" Thompson, Rothstein lost a cool $320,000 and then refused to pay on the grounds that the game had been rigged. Two months later, McManus invited Rothstein to play what would be his final poker game. Police were never able to identify Rothstein's murderer. Asked who had shot him before dying, Rothstein reportedly put his finger to his lips and kept the gangsters' code of silence.
1928-Birthday of drummer Larry Bunker, Long Beach, CA.
http://www.jazzvalley.com/musician/larry.bunker
http://shopping.yahoo.com/shop?d=product&id=1927046069&clink=dmmu.artist&a=b
1935 - The so-called Yankee Hurricane hit Miami with winds of 95 mph. It was unusual in that it moved into the area from the northeast
1936- Future U.S. Senate Chaplain Rev. Peter Marshall, 34, married Catherine Wood, 22. Following Peter's premature death at age 46, Catherine immortalized his name through her 1951 best selling biography, "A Man Called Peter."
1939-The Packard Motor Car Company, Detroit, publicly exhibited the first air-conditioned car at the 40th Automobile Show, Chicago, IL. Air in the car was cooled to the temperature desired, dehumidified, filtered, and circulated. The refrigerating coils were located behind the rear seat in tan air duct, with heating coils into another compartment of the same duct. The capacity of the unit was equivalent to 1.5 tons of ice in 24 hours when the car was driven at 60 miles per hour, or 2 tons at 80 miles per hour. The invention was first offered to the Ford Motor Company, invented by the Greenberg Brothers. It was a sweltering August day when the three Greenberg Brothers entered the posh Dearborn, Michigan offices of the notoriously anti- Semitic carmaker, Henry Ford. "Mr. Ford," announced Hyman Greenberg, the eldest of the three, "we have a remarkable invention that will revolutionize the automobile industry."
Ford looked skeptical, but their threats to offer it to the competition kept his interest piqued. Hi Greenberg continued, "We would like to demonstrate it to you in person." After a little cajoling, they brought Mr. Ford outside and asked him to enter a black car that was parked in front of the building. Norman Greenberg, the middle brother, opened the door of the car. "Please step inside, Mr. Ford." "What!" shouted the tycoon, "are you crazy? It must be one hundred degrees in that car!" "It is," smiled the youngest brother, Max, "but sit down, Mr. Ford, and push the white button." Intrigued, Ford pushed the button. All of a sudden a whoosh of freezing air started blowing from vents all around the car, and within seconds the automobile was not only comfortable, it was quite cool! "This is amazing!" exclaimed Ford. "How much do you want for the patent?" Norman spoke up. "The price is one million dollars." Then he paused, "And there is something else. We want the name 'Greenberg Brothers Air Conditioning' to be stamped right next to the Ford logo." "Money is no problem," retorted Ford, "but no way will I have a Jewish name next to my logo on my cars!" They haggled back and forth for a while and finally they settled. One and one half million dollars, and the name Greenberg would be left off. However, the first names of the Greenberg brothers would be forever emblazoned upon the console of every Ford air conditioning system. And that is why today, whenever you enter a Ford vehicle you will see those three names clearly defined on the air-conditioning control panel: Max-Hi-Norm
1946-Birthday of Laura Bush, First Lady, wife of President George W. Bush, born Midland, TX. She attended Southern Methodist University in Dallas, Texas, where she earned a Bachelor of Science degree in education in 1968. After college, she worked as a teacher at Longfellow Elementary School in the Dallas Independent School District until 1969 and then moved to Houston, Texas, where she taught at John F. Kennedy Elementary School in the Houston Independent School District until 1972. "Later, she enrolled at the University of Texas at Austin and earned a Master of Library Science degree in 1973. Afterward, she worked at the Houston Public Library, Kashmere Gardens Branch until she moved back to Austin in 1974.She worked as a librarian at Dawson Elementary School until 1977, when she met George Walker Bush at the home of mutual friends. They married in November 1977 and made their home in Midland. In 1981, George and Laura Bush became the proud parents of twin girls, who are named Barbara and Jenna, after their grandmothers.
1946-UNESCO, the United Nations Educational, Scientific and Cultural Organization formed.
1949-“One Man's Family” premiered on TV. This series occurred at the same time as the popular radio continuing drama, in the first season, the cast included Bert Lytell as Henry Barbour, a wealthy San Francisco stockbroker and Majorie Gateson as his wife Fanny. Also included were Eva Maria Saint and Tony Randall. The second time the show came to TV it was a 15-minute serial and had an entirely new cast.
1950---*POYNTER, JAMES I. Medal of Honor
Rank and organization: Sergeant, U.S. Marine Corps Reserve, Company A, 1st Battalion, 7th Marines, 1st Marine Division (Rein.). Place and date: Near Sudong, Korea, 4 November 1950. Entered service at: Downey, Calif. Born: 1 December 1916, Bloomington, Ill. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a squad leader in a rifle platoon of Company A, in action against enemy aggressor forces during the defense of Hill 532, south of Sudong, Korea. When a vastly outnumbering, well-concealed hostile force launched a sudden, vicious counterattack against his platoon's hasty defensive position, Sgt. Poynter displayed superb skill and courage in leading his squad and directing its fire against the onrushing enemy. With his ranks critically depleted by casualties and he himself critically wounded as the onslaught gained momentum and the hostile force surrounded his position, he seized his bayonet and engaged in bitter hand-to-hand combat as the breakthrough continued. Observing 3 machineguns closing in at a distance of 25 yards, he dashed from his position and, grasping handgrenades from fallen marines as he ran, charged the emplacements in rapid succession, killing the crews of 2 and putting the other out of action before he fell, mortally wounded. By his self-sacrificing and valiant conduct, Sgt. Poynter inspired the remaining members of his squad to heroic endeavor in bearing down upon and repelling the disorganized enemy, thereby enabling the platoon to move out of the trap to a more favorable tactical position. His indomitable fighting spirit, fortitude, and great personal valor maintained in the face of overwhelming odds sustain and enhance the finest traditions of the U.S. Naval Service. He gallantly gave his life for his country.
1951—Top Hits
Because of You - Tony Bennett
I Get Ideas - Tony Martin
Down Yonder - Del Wood
Slow Poke - Pee Wee King
1952 - America said, “I Like Ike”. The Dwight D. Eisenhower/Richard M. Nixon ticket won a sweeping (55%-44%) victory over Democrat Adlai E. Stevenson and running mate John J. Sparkman. Eisenhower was the 34th president of the U.S. The electoral vote was Eisenhower, 442, Gov. Adele E. Stevenson, Democrat, 89. The popular vote was Eisenhower, 36,938,285; Stevenson 27,312,217; Vincent Hallinan, Progressive, 140,138. The Republicans gained one Senate seat for a 48-47 majority with one seat going to a minor party. In the use, they gained 22 seats for a 221-211 majority, one seating to a minority party. On Election Day, 1952, UNIVAC, the world's first commercially available electronic computer, predicted a landslide for Eisenhower in his presidential race against Adlai Stevenson. In a test televised by CBS, the computer used early returns from key states to predict the election, based on voting patterns from 1944 and 1948. However, the computer's predictions were radically different from polls taken by Gallup and Roper, which predicted a close race, and the computer's programmers made adjustments so that the computer's first broadcast prediction corresponded more closely to the polls. Only an hour after the polls had closed with less than ten percent of the votes had been counted , the CBS TV Network, which employed the computer, was able to predict Eisenhower's landslide victory, trumping human experts who had predicted a close race. Ironically, the computer's original prediction of 438 electoral votes for Eisenhower and 93 for Stevenson was only off by four votes. The nation watched with interest as a Republican administration took over the reins of government for the first time in n 24 years. The most explosive internal problem was Joseph R. McCarthy. Republican of Wisconsin, charging Soviet espionage activities in the U.S. The administration most outstanding success was a peace agreement in Korea. Pres. Eisenhower announced the agreement to a relieved country, but warned , “We have won armistice on a single battleground, but not peace in the world.
1953-Hulan Jack elected first Black Borough President of Manhattan, NYC.
1953-“ How to Marry a Millionaire ” premiered, starring Marilyn Monroe, Betty Grable and Lauren Bacall, one of the most popular films with the most beautiful women, about three women who's goal in life was to marry a rich man. The ending: love triumphs over all, and to the surprise of all, the richest man of the group.
1954 - Florence Henderson, who was all of 20 years old, joined with Ezio Pinza and Walter Slezak in "Fanny". The show lit up Broadway 888 times.
1958-African-American Shirely Verrett, world renowned opera singer, makes her debut in New York City.
1954 -Philadelphia A's move to Kansas City
1956-The top six songs on the pop and R&B charts are identical: Elvis Presley's "Jailhouse Rock," the Everly Brothers' "Wake Up Little Susie," Sam Cooke's "You Send Me," the Rays' "Silhouettes," Rickie Nelson's "Be-Bop Baby" and Jimmie Rodgers' "Honeycomb."
1958 - No. 1 Billboard Pop Hit: ``It's Only Make Believe,'' Conway Twitty.
1959—Top Hits
Mack the Knife - Bobby Darin
Mr. Blue - The Fleetwoods
Put Your Head on My Shoulder - Paul Anka
The Three Bells - The Browns
1961-Bob Dylan makes his debut at the Carnegie Chapter Hall in New York City. Most of the fifty people in attendance are his friends who paid two bucks to get in. Dylan was paid twenty dollars for the night.
1963-The Beatles appear at the Royal Command Performances at the Prince of Wales Theatre in London. In attendance are the Queen Mother, Princess Margaret and Lord Snowden. It was here that John Lennon made his now famous announcement: "For our last number, I'd like to ask for your help. The people in the cheaper seats clap your hands and the rest of you, if you'd just rattle your jewelry. We'd like to sing a song called Twist and Shout."
1967-Smokey Robinson and the Miracles' "I Second That Emotion" is released.
1967—Top Hits
To Sir with Love - Lulu
Soul Man - Sam & Dave
It Must Be Him - Vikki Carr
You Mean the World to Me - David Houston
1968- Shirley Chisholm became the first black woman elected to the House of Representatives.
http://www.africanamericans.com/ShirleyChisholm.htm
http://nh.essortment.com/shirleychisholm_ruol.htm
http://scriptorium.lib.duke.edu/wlm/equal/
1970-King Peter II of Yugoslavia became the first European king to be buried in the United Sates. His Serbian name was Petar Karadjordjevic. He became King on October 11, 1934. He left Yugoslavia in 1941 after it was invaded by Germany, and headed the exiled Yugoslav government during World War II. After 1945, when Yugoslavia became a republic, he lived in New York City.
1972- "I Can See Clearly Now" by Johnny Nash topped the charts and stayed there for 4 weeks.
1973 - The Chicago Bears set a National Football League record by holding the Green Bay Packers to a minus 12 yards pass
1973--The De Franco Family enjoyed their biggest hit when "Heartbeat - It's a Lovebeat" topped out at #3 on the Billboard chart.
1975—Top Hits
Island Girl - Elton John
Lyin' Eyes - The Eagles
They Just Can't Stop It (Games People Play) - Spinners
(Turn Out the Lights And) Love Me Tonight - Don Williams
1976-Major league baseball held its first draft of a players who had declared themselves free agents. 24 players from 13 clubs were available for selection. Reggie Jackson eventually signed the most lucrative contract in this group, $2.9 million over five years, to play with the New York Yankees.
1978- "You Needed Me" by Anne Murray topped the charts and stayed there for a week.
1979- 500 Iranians seized the US Embassy in Teheran, taking some 90 hostages, of whom about 60 were Americans. They vowed to hold the hostages until the former Shah, Mohammed Reza Pahlavi ( in the US for medical treatments ) was returned to Iran for trial. The Shad died July 27, 1980, in an Egyptian military hospital near Cairo. The remaining ( 52) American hostages were released and left Teheran on January 20, 1981, after 444 days of captivity.
1980 - Republican Ronald Reagan won the White House defeating President Jimmy Carter. Reagan was the 40th President of the U.S., carrying 44 states winning by a landslide (489 electoral votes to Carter's 49). The popular vote was Reagan, 42,797,153; Carter 34, 424,100, John Anderson, independent candidate 5,533,927. In congressional elections the Republicans picked up 12 Senate seats for a 53-46 majority, with one independent seat. In the House, the Democrats lost 33 seats but kept a majority of 242-192, with one seat going to an independent... January 20, as Ronald Reagan was being inaugurated, Iran released the 52 captives seized at the U.S. embassy in Teheran, in Nov. 1979 , thus ending the Iranian hostage crisis. The Oakland Raiders won Super Bowl XV, defeating the Philadelphia Eagles 27-10. Divorce in 1981 hit a record 1,210,000, the government reported.
1980- Japan's all-time HR hitter, Sadaharu Oh, retires from professional baseball. The Tokyo Yomiuri Giants' first baseman hit a record 868 home runs in his 22-year playing career.
1981-“The Fall Guy” premiered on TV. An hour-long adventure series, the story centered around a Hollywood stuntman, Colt Seavers ( Lee Majors) who also moonlighted as a bounty-hunter, catching bail-jumpers. It also starred Douglas Barr, heather Thomas, Jo Ann Pflug, Marie Post and Negra Volz. Lee Majors also sang the theme song for the show.
1983—Top Hits
All Night Long (All Night) - Lionel Richie
One Thing Leads to Another - The Fixx
Telefone (Long Distance Love Affair) - Sheena Easton
Islands in the Stream - Kenny Rogers with Dolly Parton
1983 -the temperature at Billings, MT soars to 77, a new record for the data and month
1984 — Seattle sets an NFL record by returning four interceptions for touchdowns in a 45-0 victory over Kansas City. Dave Brown scores twice while Kenny Easley and Keith Simpson also return interceptions for touchdowns. All of the scores are longer than 50 yards.
1987- The NBA announces four new franchises; Charlotte and Miami for 1988 ; Minneapolis and Orlando for 1989.
1987 - Thirty-two cities in the eastern and south central U.S. reported record high temperatures for the date. Highs of 74 degrees at Portland ME and 86 degrees at Fort Smith AR equaled November records. It was the fourth day of record warmth for Beckley WV, Memphis TN and Paducah KY. A cold front ushered much colder air into the north central U.S. Gale force winds lashed all five Great Lakes.
1989 - Snow and high winds plagued parts of Colorado and Wyoming. Winds gusted to 71 mph near Wheatland WY, and reached 80 mph west of Fort Collins CO. Up to five inches of snow blanketed Yellowstone Park WY closing many roads. Snow also blanketed northern Minnesota, with seven inches reported at Baudette.
1991 - The Ronald Reagan Presidential Library & Museum was dedicated by five American presidents (the first gathering of five U.S. presidents). Reagan, President George Bush, and former presidents Jimmy Carter, Gerald R. Ford and Richard M. Nixon attended the ceremonies in Simi Valley, California.
1991—Top Hits
Romantic - Karyn White
Cream - Prince & The N.P.G.
Can't Stop This Thing We Started - Bryan Adams
Anymore - Travis Tritt
1991--Bobby "Blue" Bland, Booker T. & The M.G.s, Johnny Cash, Jimi Hendrix, The Isley Brothers, Sam & Dave and The Yardbirds are elected to the Rock & Roll Hall Of Fame.
1992-Elton John and his songwriting partner Bernie Taupin sign a $39 million publishing contract with Warner-Chappell music -- the largest music publishing firm.
1993-The NBA Board of Governors accepted a recommendation from the Expansion Committee to award a franchise to a Toronto group headed by John Bitlove, Jr. The team, later named the Raptors, began play in the 1995-96 season.
1997---After an 18 month delay, Capitol Records releases The Beach Boys' "The Pet Sounds Sessions", a 4-CD boxed set which details the creation of The Beach Boys' album "Pet Sounds". Overseen by producer Brian Wilson, the collection allows the listener to hear a capella vocals from the master tapes and alternate mixes of the songs.
2001- In Game 7 of a classic World Series, Arizona rallies for two runs in the bottom of the ninth defeating the Yankees and their usually unbeatable closer, Mariano Rivera, 3-2. The four-year old Diamondbacks, the youngest franchise to win a Fall Classic, ends New York's string of three consecutive World Championships.
http://www.sportingnews.com/archives/worldseries/2001.html
2002- Colorado Rockies right-hander Jason Jennings (16-6, 4.52 ) becomes first member of the Rockies to be selected by the BBWAA as the National League Rookie of the Year. The 24-year old right-hander receives 27 first-place votes from the 32 writers participating in the balloting.
2003-- Miami-Dade County Commissioners approved a plan committing $73 million in tax money toward a new major league ballpark for the Marlins. The World Champions, who have agreed to change their name to the Miami Marlins if the city builds the ballpark, want to begin playing in the$325 million new park in 2007, but still doesn't have a plan for raising $137 million needed as part of their commitment.
World Series Baseball Champions This Date
2001 Arizona Diamondbacks.
http://worldseries.mlb.com/ws/index.html
2008--- Democrat Barack Obama was elected the first black president of the United States, defeating Republican John McCain; Democrats gained seats in the Senate and House.
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Baseball Poem
That Home Run Feeling
That Home Run Feeling
tired and poisoned by yellow jacket stings,
go for a hard run through the ripe dark July night,
strides shortened, quickened,
lap by ill-lit lap
in rain-plowed sand
that tightens a muscle against the pull of a worn shoe,
circling the pale glow of Little League baseball field,
enamored by the plink of metal bats,
the hearty high-pitched cheers,
circling as they circle a tauter diamond
in a high geometry of runs;
eighteen-fifteen the park announcer drawls
and I am drawn to the memory of my own Little League
experience playing that 60's cinema
as I suck humidity by the round ball court
where rapper wannabes
work their slant rhymes and turnover dribbles,
and a tired backboard shivers.
Leaving now, I consider
the perfect orange moon
hanging for a moment on the light pole
above silent horseshoe pits,
and just for one splendid moment
I have that home run feeling again.
Touching All Bases
Poems from Baseball
Tim Peeler
www.mcfarlandpub.com
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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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Daily Puzzle
How to play:
http://www.setgame.com/set/puzzle_frame.htm
Refresh for current date:
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http://www.gasbuddy.com/
http://www.gasbuddy.com/GB_Map_Gas_Prices.aspx
http://www.gasbuddy.com/GB_Mobile_Instructions.aspx
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Weather
See USA map, click to specific area, no commercials
http://www.weather.gov/
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Traffic Live---
Real Time Traffic Information
You can save up to 20 different routes and check them out with one click,
or type in a new route to learn the traffic live
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