Working Capital from $10,0000 to $250,000                           ChannelPartnersCapital.com

Top Nine Leasing Company Websites
in North America

These are all from Alexa, October 3, Three Month Ratings. They are ranked with the lower number, meaning where they place on the USA list (the lower the ranking, the more visitors. The numbers are not how many visitors, but ranking on the list.)

These are not ranked by a vote of who has the best website, but the ranking in Google conducted by Alexa, an Amazon company. There were changes since July with CIT back to number 1, Crestcapital moves up, Financial Pacific from being last to now number 6, and Great America falling to number nine.

 

www.cit.com
200,686

www.directcapital.com
222,388

 
http://www.balboacapital.com/home.aspx
329,691

www.leaseq.com
636,426

www.crestcapital.com
722,608

 
www.finpac.com
872,762

www.timepayment.com
1,047,223

www.ascentiumcapital.com
1,203,302

www.greatamerica.com
1,359,897

To give an idea that it is not the design, but how many visits, two recent winning sites by awards:  First American Equipment Finance: 2,351,212; Amur Equipment Finance, 4,740,101.

Here is a column by Leasing News’ contributor Alex Vasilakos:

Top Leasing News Websites by Visitors
How You Can Increase Visits to Make the List
http://leasingnews.org/archives/Jul2017/07_19.htm#visitors

 

 

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Fourth Quarter Play: Finance Equipment Now
to Take Advantage of Tax Breaks

Financing gives companies the freedom to acquire the equipment they need, when it’s needed, and the fourth quarter is an ideal time to exercise that freedom to take advantage of tax breaks.

The benefits and added incentives from IRS Code Section 179 enable forward-thinking business leaders to finance new or updated equipment before the end of 2017, helping them to innovate, guard against equipment obsolescence and stay competitive.
 
Section 179 is an incentive created by the U.S. government to encourage businesses to invest in capital equipment. The legislation expanded deductions and extended depreciation benefits for qualifying equipment purchases.
 
Learn more about the benefits of financing equipment in the fourth quarter in this interactive graphic:

Key Equipment Finance Q4 Intergraphic
http://landing.kefonline.com/q417-kef-179-bonus

 

 

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Contract Administrator Position Wanted
Equipment Leasing Account Executive Needed

Equipment Leasing Account Executive To learn more, please click here  Contract Administrator Position Available To learn more, please click here What sets CoreTech apart from other equipment leasing companies is our team members and impeccable reputation. Are you unhappy with the ethics of your company and the promises made to you? Come to Newport Beach and join us. www.coretechleasing.com CoreTech specializes in medium to large size companies and firms Over 100 law firms trust CoreTech for their leasing needs, why wouldn't you?

 

Sales Makes it Happen
by Scott Wheeler, CLFP

Strive for Better Understanding

As a top commercial equipment leasing and finance originator, you sell a process which includes, but is not limited to:

• The application process
• The documentation process
• The funding process
• The portfolio management process

In order to be a top producer,  you must be well versed in every aspect of the process. You must know what needs to occur for the process to be seamless and efficient. You must know where the bottlenecks are and how they can be avoided. You must be able to articulate the entire process in concise and easy-to-understand terms. 
I recently suggested to an average originator to take some time to shadow his credit department, his documentation department, his funding department, and his collection department. The originator's response was that he didn't have the time to shadow operations; that he was in sales, not operations.  What he fails to understand is that he will be best served by spending more time with his operations department; he is trying to sell a process he currently does not fully understand.
His selling capabilities will exponentially improve when he understands why specific processes exist, how they work, and how they affect him, his company and his clients. 
Top originators fully understand all of the components of the process. Top originators save time and make more money because they aggressively sell the process.

Available Here:
https://www.createspace.com/5355516 
Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com

Sales Makes it Happen articles:
http://www.leasingnews.org/Legacy/index.html 

 

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CLFP Names Ten New Board of Directors
Elected and Appointed

Rob Boyer, CLFP – President,
BB&T Commercial Equipment Capital Corp.
(ELFA-Appointed)

Eric Bunnell, CLFP – Sales Manager,
Arvest Equipment Finance
(NEFA-Appointed)

Andrew Eller, CLFP – AVP, Operational Risk Management,
First American Equipment Finance
(Elected)

Chris Enbom, CLFP – CEO,
Allegiant Partners and Work Truck Direct
(Elected)

Nathan Gibbons, CLFP –Vice President,
First American Equipment Finance
(Elected)

Kevin Prykull, CLFP – Senior Vice President,
PNC Equipment Finance
(Elected)

Pete Sawyer, CLFP – President,
Sun South Equipment Leasing
(NAELB-Appointed)

Jason Seitz, CLFP – Vice President,
Portfolio Manager, BMO Harris Equipment Finance
(Elected)

Marci Slagle, CLFP – Vice President, Originations,
SQN Capital
(Elected)

Amy Spragg, CLFP – Managing Director,
Pacifica Capital
(Elected)

Jason Seitz, CLFP stated, "It’s an honor to have been selected by my peers to serve on the Board of the CLFP.  I’m very excited about the opportunity to build on the successes the Foundation has already accomplished.  I look forward to working with other members of the Board to ensure that the CLFP designation remains the most respected certification within the Finance industry.”

The CLFP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the equipment finance industry.

There are currently 482 Certified Lease & Finance Professionals and Associates throughout the world.

For more information, call Executive Director Reid Raykovich, CLFP at (206) 535-6281 or visit www.CLFPfoundation.org

National Alliance of Commercial Loan Brokers
October 17, 2017 - October 19, 2017 Conference


Gaylord Palms Resort & Convention Center, a Marriott Hotel

What makes this conference difference are funders and brokers who normally do not attend conferences, but come from all parts of the United States. This is not just for members of one group, but open to all, many who do not belong to finance and leasing associations, including specialists with specific followings in business loans, equipment finance and leasing, merchant advance, working capital and other commercial financial transactions.

"Whether you're a bank or private commercial lender, or a commercial loan broker, the NACLB conference is designed specifically for brokers and lenders to help each other get business done.

"Based on a recent poll of last year's conference in Las Vegas, our lenders proposed on over $50,000,000 worth of deals with in two months after the conference; all from new broker relationships they gained. That means that the brokers who attended had over $50,000,000 worth of deals that were not being funded previous to attending our conference. No other conference can deliver those numbers!
 
"Top things you will gain as a broker:

Meet close to 100 banks and lenders that are eager to take on broker business across multiple funding categories in business lending and commercial real estate lending. Get educated on different products to cross sell your clients or gain access to funding products to concentrate on and increase your revenue. Learn and hear from the industry's most successful brokers and how they grew their businesses. Learn how to effectively make the leap from broker to lender. Discover the changes that might be impacting your industry with regard to regulations.

 

 

 

"Our registration is now open and we anticipate over 600 brokers 
to attend based on the success of last year and growth we experienced."

Kris D. Roglieri
kris@commercialcapitaltraining.com

For More Information:
www.naclb.org

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The United States May License Bitcoin
and Cryptocurrency Exchanges

By Jennifer Ruther, Bank Innovation

The Acting Comptroller of the Currency of the United States, Keith Noreika, has stated this hypothetical licensing program could put into place a nationwide, unified regulatory framework for cryptocurrency exchange platforms.

Last week, Japan’s Financial Services Agency approved the rights of 11 companies within its borders, including bitFlyer, to operate cryptocurrency exchanges.

The move is regarded by many as a more FinTech-and investor-friendly approach to minimizing the risk of fraud in local cryptocurrency exchange markets, as compared with neighboring China’s out-right ban of local bitcoin exchanges.

The Office of the Comptroller of the Currency is a bureau of the United States Department of the Treasury that serves to regulate and supervise both national and foreign commercial banks operating in the U.S. Noreika’s proclaimed consideration of licensing cryptocurrency exchanges signals an official government interest in the measure.

At the moment, licenses for cryptocurrency exchanges in the United States are issued at the state level, with only a handful of states, including New York, actively seeking to regulate the market with programs such as BitLicense.

Though placing regulations on cryptocurrency exchanges at the national level would be done in the name of protecting investor interests in the “Wild West” market of crypto exchanges, some businesses have expressed concern that placing a nationwide regulatory framework over the industry may add to their compliance costs.

Furthermore, many crypto enthusiasts insist that part of the draw of cryptocurrency is its historic ability to bypass banks and regulatory agencies and, supposedly, make transactions cheaper. Erecting regulatory structure in this market, therefore, may eliminate some of the advantages that cryptocurrencies are thought to possess.

Though there are varying opinions on how to deal with it, very few people doubt that the cryptocurrency market is wrought with unfair practices and predatory practitioners. The Star reports that, since 2011, there have been at least three dozen heists of cryptocurrency exchanges worldwide, which have caused many of them to shut down, and more than 980,000 bitcoins have been stolen.

Despite skepticism from certain parts of the business community in the United States regarding the regulation of crypto exchanges, instituting regulations has yet to quell the Japanese market’s thirst for cryptocurrency and the blockchain technology that makes it possible. Japanese financial services group SBI Holdings, for example, is reportedly planning to launch its own digital currency based on blockchain technology, with testing commencing as soon as next year.

The proposed currency will help Japanese retailers bypass the expensive onboarding process that renders the cost of installation for credit card payment terminals ¥100,000 (about $900) as well as the monthly lease fees they require. Additionally, it will maintain a stable exchange rate with the Japanese yen.

SBI has already invested a great deal in blockchain technology and cryptocurrencies, having led a ¥3 billion ($27 million) funding round for bitFlyer in April of 2016. It also launched Japan’s first bank-backed digital currency exchange last year.

Back in the United States, Acting Comptroller of the Currency Noreika has also mentioned that he would not be averse to cryptocurrency exchanges applying for bank status in the United States, though he admitted that the road to authentication when applying for said status is a rough one. He reportedly stated, “That is a long process they’d have to go through, and just because you get your foot in the door doesn’t mean you’re going to get out the door on the other side.”

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

ELFA Launches Compensation Report
for Small and Medium Equipment Finance Businesses

WASHINGTON, D.C. - The Equipment Leasing and Finance Association has released a new report detailing compensation practices at small and medium-sized equipment leasing and finance companies. The “2017 Small and Medium Enterprise (SME) Compensation Survey” reveals compensation trends—including salaries, bonuses, benefits and commission—at bank, captive and independent equipment finance companies with annual volumes (new origination) under $250 million.

(Standard Price: $1,999 ---ELFA Member Price $999)

The new report is based on a survey of ELFA and National Equipment Finance Association (NEFA) member companies conducted by Vault Consulting, LLC. A total of 50 companies participated in the survey. The respondents reported 1,223 full-time employees for 18 specialized revenue and support positions, ranging from CEO to collections staff to sales staff. The data are displayed by company type, new business volume, region and market segment.

Ralph Petta
President and CEO
ELFA

“We’re pleased to offer this new tool to help industry executives track trends in pay at small and medium-sized equipment finance companies,” said ELFA President and CEO Ralph Petta. “Whether companies are looking to assess their own salary and benefits packages or develop new compensation strategies to recruit and retain skilled employees in a competitive marketplace, this report will provide valuable intelligence. We’re especially grateful to NEFA for collaborating with ELFA on this initiative.”

How to Access the Report
The 2017 Small and Medium Enterprise Compensation Survey is available for purchase from the ELFA website at www.elfaonline.org/data/market-trends.

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 575 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit www.elfaonline.org.

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

 

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

Lindsay Town Announced as Chairman
IAA- Advisory, Tonbridge, United Kingdom

IAA -Advisory is pleased to announce that Lindsay Town will take on the role of Chairman in addition to his current role of Chief Executive. Derek Soper will continue as a director/shareholder and take the title of Founder.

These changes are made to reflect the changing face of IAA-Advisory as it looks to the next period of its development and growth. The changes will also allow Derek to focus more on his interests outside IAA-Advisory, albeit remaining closely allied to the asset finance industry.

The change in leadership within IAA-Advisory reflects its continuing strong commitment to the asset finance industry and its continuing aim to provide the best support and involvement to and with its clients. The requirements of the industry have been changing rapidly with new trends in the areas of M&A, digital delivery, risk, regulation and corporate funding. The impact of the velocity of change and the need to be able to support clients are paramount to the goal of IAA-Advisory.

IAA-Advisory is also delighted to announce that it has formed a formal strategic alliance with Theta Financial Reporting Ltd. Theta was founded by and is led by Chris Biggs. Chris has a wealth of experience and skill in dealing with the technical accounting challenges that face the asset finance industry, ranging from IFRS 16 through to IFRS 15 and IFRS 9. The addition of Theta’s skills base to IAA-Advisory’s activities is another step in ensuring that the firm continues to serve the asset finance industry in an effective and creative manner.

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

Labrador Retriever/Mix
Boulder, Colorado   Adopt-a-Dog

Hazel
ID: 36559801
Female
Age: 4 years
Weight: 55 pounds
Fee: $99

"Hazel makes your heart swell! This gorgeous girl is sensitive and sweet, and will appreciate meeting a gentle family to call her own. Hazel can be selective about her dog friends and would appreciate living in a single dog home, or she may be successful living with a mellow and polite dog. Older, experienced children are recommended at this time as her transition may need to be peaceful for her to achieve maximum comfort."

Humane Society of Boulder Valley
2323 55th Street
Boulder, Colorado 80301
303-442-4030

Shelter Hours:
Monday - Friday
Adoptions:11am - 6:30pm

What Adoption Includes:
https://www.boulderhumane.org/content/what-does-my-adoption-include

Adopt a Pet
http://www.adoptapet.com/

News Briefs----

CEO pledges that Wells Fargo is 'a better bank'
  than it was during sales scandal
https://www.cnbc.com/2017/10/03/ceo-sloan-pledges-wells-fargo-is-a-better-bank-than-during-scandal.html

G.M. and Ford Lay Out Plans to Expand Electric Models
  GM 20 models by 2023...Ford 13 over next several years
https://www.nytimes.com/2017/10/02/business/general-motors-electric-cars.html  

US midsize sedan popularity drops
  as shoppers shift interest to SUVs
http://www.autoremarketing.com/trends/us-midsize-sedan-popularity-drops-shoppers-shift-interest-suvs 

 

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You May Have Missed---

Why do cats like boxes?
http://www.petmd.com/cat/general-health/why-do-cats-boxes

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Baseball Poem

Shortstop
  by Charles Ghigna

The slits of his eyes
hidden in shadows
beneath the bill of his cap,
he watches and waits
like a patient cat
to catch what comes
his way.

Crack!
and he pounces
upon the ball,
his hands flying
above the grass,
flinging his prey
on its way
across the diamond
into a double-play.

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Sports Briefs----

The Last Unbeaten Team: Surprise, It’s the Chiefs
https://www.nytimes.com/2017/10/03/sports/football/kansas-city-chiefs-nfl.html

Kyle Shanahan: Brian Hoyer “best thing” for 49ers at QB right now
https://www.yahoo.com/sports/m/5dff04dd-5347-3b83-a001-a9f6ba0445e9/ss_kyle-shanahan%3A-brian-hoyer.html

49ers analysis: Strategy decisions may have cost team
      chance for win at Arizona
http://www.pressdemocrat.com/sports/7486815-181/49ers-analysis-stragegy-decisions-may?artslide=0

 

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California Nuts Briefs---

San Jose mayor proposes 25,000 residential units amid housing crisis
http://www.mercurynews.com/2017/10/02/san-jose-mayor-proposes-25000-residential-units-amid-housing-crisis/

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“Gimme that Wine”

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

 Goodlatte Unveils Bill to Provide Workable Guestworker
      Program for American Farmers
https://judiciary.house.gov/press-release/goodlatte-unveils-bill-provide-workable-guestworker-program-american-farmers/

Santa Barbara: Better Than Ever
http://www.vinous.com/articles/santa-barbara-better-than-ever-sep-2017

Frost Scars the 2017 Bordeaux Harvest
https://www.wine-searcher.com/m/2017/09/frost-scars-the-2017-bordeaux-harvest

8 Luxury Winery Experiences in Sonoma & Napa
http://www.sonomamag.com/luxury-winery-experiences-in-sonoma-napa/

The Sideways Curse Has Lifted: Merlot Is Having a Comeback
https://www.bloomberg.com/news/articles/2017-09-29/the-sideways-curse-has-lifted-merlot-is-having-a-comeback

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

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

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

This Day in History

      1582 - Pope Gregory XIII issued a bulletin that decreed that the day following Thursday, Oct 4, 1582, should be Friday, Oct 15, 1582, thus correcting the Julian Calendar, then 10 days out of date relative to the seasons. All dates before this that we celebrate are not actually the “correct” days. Don't worry, the calendar was again changed by the British Calendar Act of 1751.  Britain (and the American colonies) made the “Gregorian Correction” in 1752. The Act proclaimed that the day following Wednesday, September 2, should become Thursday, September 14, 1752. There was rioting in the streets by those who felt cheated and who demanded the eleven days back. The Act also provided that New Year's Day (and the change of year number) should fall January 1 (instead of March 25) in 1752 and very year thereafter. As a result, 1751 only had 282 days.
    1636 - The General Court of the Plymouth Colony instituted a legal code, the first composed in North America, that guaranteed citizens a trial by jury and stipulated that all laws were to be made with the consent of the freemen of the colony.
(Lower half of: http://memory.loc.gov/ammem/today/oct04.html )
    1648 - Peter Stuyvesant establishes America's first volunteer firemen in New Amsterdam (New York City).
    1777 - Battle of Germantown. Washington planned a surprise attack against the redcoats at sunrise. He broke the army into four separate columns for battle. The American soldiers marched to Germantown by two roads, with General Sullivan to the right and General Greene to the left. Washington, along with General "Mad Anthony" Wayne, joined Sullivan and caused the British to fall back. The complicated plan had failed with the British losses at 70 killed, 450 wounded, and 14 missing. The Americans lost 152 killed, 521 wounded, and almost 400 missing. American morale was largely unaffected by the loss in that they mistakenly believed that more British were lost than American forces. Howe was impressed that the skill of the Americans had increased so much since the defeat at Brandywine. So, rather than risk a pursuit, Howe retreated to Philadelphia and fortified the city. The Battle of Germantown was fought in a morning fog that grew denser with the smoke of battle, causing great confusion. Americans firing at each other contributed to the loss of the battle. 
http://www.ilssar.org/germantown.html 
http://library.thinkquest.org/10966/data/germ.shtml
http://www.virtualology.com/virtualwarmuseum.com/revolutionarywarhall
/battleofgermantown.com/ 
http://www.justinalee.com/Germantown.html 
http://www.phmc.state.pa.us/ppet/germantown/page1.asp?secid=31 
http://www.multied.com/revolt/germantown2.html 
http://www.cliveden.org/Pages/battle.htm 
http://patriot.net/~tpost/germantown.html 
http://www.publicbookshelf.com/public_html/The_Great_Republic_By_the_
Master_Historians_Vol_II/battleof_gh.html 
    1810 - Birthday of Eliza McCardle Johnson (d. 1876), Greenville, TN. She taught her husband, Andrew Johnson, how to read when he was already an adult. He went on to become the 17th president of the U.S. Historically, she is not given any credit for his rise to political prominence.
http://www.whitehouse.gov/history/firstladies/ej17.html 
http://www.aboutfamouspeople.com/article1065.html
    1822 - Birthday of Rutherford Birchard Hayes (d. 1893), 19th pres­ident of the US (Mar 4, 1877—Mar 3, 1881), at Delaware, OH. In his inaugural address, Hayes said: “He serves his party best who serves the country best.” He lost the popular vote and in a hotly contested electoral congressional vote, a promise to the “Dixie Democrats” made him president, it is said, and turned back the reconstruction of the South.
http://memory.loc.gov/ammem/today/oct04.html
    1830 - A power printing press is patented by Isaac Adams, Boston.
    1851 - In San Francisco, the third Jenny Lind Theatre to occupy the same site on Kearny was opened. The other two theaters burned during fires this year.
    1854 – Abraham Lincoln made his first public speech, at the Illinois State fair.
    1861 - Frederic Remington (d. 1909), American artist; specialized in western themes, was born in Canton, NY.
    1862 - Battle at Corinth, Mississippi ends with a draw. Van Dorn, commanding Confederate forces, has Price attack Union positions under Rosecrans' command in front of Corinth in a two-day battle to push the Federals back into Tennessee and secure the vital railroad crossing at Corinth.  Fierce fighting in town and at Batteries Williams and Robinett; Attack fails, and on second day, Van Dorn withdraws to Chewalia. By this time, many Southerners were disenchanted with him and he was placed in charge of the mounted troops under Pemberton. Moving his division into middle Tennessee, he was killed on May 7, 1863, by Dr. George B. Peters for attentions paid by the general upon the physician's wife in Spring Hill.
http://www.civilwarhome.com/vandornbio.htm
    1864 - New Orleans Tribune, first black daily newspaper, forms. It is published in both French and English.
http://www.theneworleanstribune.com/aboutus.html
    1864 - In Syracuse, New York, delegates created the National Equal Rights League, a national forum to replace the black convention movement, and lobby the federal government for full citizenship rights for all African Americans on the premise of black service in the Union Army and the notion that all men were created equal. With numerous state and local chapters, the league’s members became active in northern and southern politics, while also continuing to demand protection of their civil and political rights in a new era in which white hostility increased and federal and state support for protecting black rights waned.
    1877 - Chief Joseph surrenders with starving remnant of Nez Perce people. At Eagle Creek in Bear Paw Mountains, Montana, Nez Perce leader Chief Joseph (In-mut-too-yah-lat-lat [Thunder coming up over the land from the water]), surrenders his rifle after months in which his starving band eluded pursuing federal troops.  “From where the sun now stands, I will fight no more forever." Chief Joseph was best known for his resistance to the US Government's attempts to force his tribe onto reservations. The Nez Perce were a peaceful nation spread from Idaho to Northern Washington. Earlier in the year, the U.S. government broke a land treaty with the Nez Perce Indians, forcing the group out of their homeland in Wallowa Valley in the Northwest for relocation in Idaho. In the midst of their journey, Chief Joseph learned three young Nez Perce warriors, enraged at the loss of their homeland, had massacred a band of white settlers. Fearing retaliation by the Army, he began one of the greatest retreats in American military history. For over three months, Chief Joseph led less than 300 Nez Perce Indians toward the Canadian border, covering a distance of over 1,000 miles as the Nez Perce outmaneuvered and battled over 2,000 pursuing U.S. soldiers. Finally, only 40 miles short of his Canadian goal, they were cornered, and forcibly relocated.
    1884 – Damon Runyan (d. 1946) was born in Manhattan, KS.  He was best known for his short stories celebrating the world of Broadway in New York City that grew out of the Prohibition Era. To New Yorkers of his generation, a "Damon Runyon character" evoked a distinctive social type from the Brooklyn or Midtown demi-monde. The adjective "Runyonesque" refers to this type of character as well as to the type of situations and dialog that Runyon depicted.
    1887 - Louisiana sugar workers strike, 37 peaceful strikers murdered. Louisiana Militia, aided by bands of "prominent citizens," shot unarmed black sugar workers striking to gain a dollar-per-day wage, and lynched two strike leaders.
    1895 - Buster Keaton, born Joseph Frank Keaton (d. 1966), Piqua, KS.   The American comic actor of silent films was born as his parents were appearing in a tent show with Harry Houdini.
   1895 - Horace Rawlins won the first US Open Golf Championship, contested at the Newport Golf Club in Newport, RI. Rawlins shot 173 over 36 holes to defeat Willie Dunn by 2 strokes.
    1903 - Birthday of John Atanasoff (d. 1995), inventor of the computer, at Hamilton, NY. Atanasoff, working with Clifford Berry, developed the Atanasoff Berry Computer (ABC), which used binary math to solve differential equations. The computer employed vacuum tubes and other key components of later electronic computers, although it did not have a central processing unit. In 1941, Atanasoff invited John Mauchly, a University of Pennsylvania physicist with an interest in automatic calculators, to see the ABC machine in Iowa. The visit and their subsequent correspondence about computers sparked controversy many years later over who had really invented the computer. In 1973, a judge overturned Mauchly's (and his associate, Presper Eckert's) patent claims to the computer in favor of Atanasoff. Atanasoff, who later headed up two engineering firms, received the Computer Pioneer Medal in 1981 and the National Medal of Technology in 1990.
    1906 – The Chicago Cubs finished the season with a 116-36 record, the most wins in National League history and the highest winning percentage in Major League history.  During the season, Cubs righty Jack Taylor completed a streak of pitching 187 consecutive complete games, a Major League record that will likely never be broken.  The staff ERA for the entire season was 1.76
    1907 - Harriot Stanton Blatch, the first woman elected to the American Society of Civil Engineers in 1906, was barred from dining at the Hoffman House Hotel in New York City because she had no male escort.
http://www.uua.org/uuhs/duub/articles/harriotstantonblatch.html
    1923 - Actor Charlton Heston was born John Charles Carter (d. 2008) in Evanston, Ill.
    1927 - Bop Pianist Walter F. Bishop, Jr. (d. 1998) was born in NYC.
    1928 - Author Alvin Toffler (d. 2016) birthday, NYC.
http://www.usatoday.com/news/opinion/columnists/toffler/toff05.htm
    1931 - The comic strip "Dick Tracy" by Chester Gould made its debut.
    1933 - "Esquire" magazine was published for the first time. Considered racy for its time, it pales in comparison to today's choices of reading material. "Esquire" can now be described as sophisticated.
    1939 - A barber from Canonsburg (near Pittsburgh), PA, who had quite a singing voice, recorded "That Old Gang of Mine" with the Ted Weems Orchestra. That singer was the feature of the Weems band for many years before going solo as a radio, TV and stage star. You know him as ‘The Incomparable Mr. C.,' Perry Como. His string of hits for RCA Victor spans four decades. He was an NBC-TV mainstay for more than a decade.
    1943 - "Is You is or is You Ain't My Baby?" was the musical question by Louis Jordan and His Tympany Five on this day -- on Decca Records.
    1944 - Singer Billie Holiday records, “Lover Man.”
    1944 - Top Hits 
“I'll Walk Alone” - Dinah Shore 
“Is You is or is You Ain't” - Bing Crosby and The Andrews Sisters 
“It Had to Be You” - Helen Forrest and Dick Haymes 
“Smoke on the Water” - Red Foley 
    1944 - Birthday of singer Patti Labelle, Philadelphia, PA
    1948 - Gordon MacRae hosted the premiere of a radio classic. "The Railroad Hour" debuted on ABC radio. The theme song was "I've Been Working on the Railroad" and the show was sponsored by -- get ready -- America's Railroads.
    1952 - “Ozzie and Harriet” was TV's longest-run­ning sitcom. The successful radio-turned-TV show about the Nelson family starred the real-life Nelsons—Ozzie, his wife Har­riet and their sons, David and Ricky. Officially titled “The Adven­tures of Ozzie and Harriet,” this show was set in the family's home. The boys were one reason the show was successful and Ricky used the advantage to become a pop star. David and Rick's real-life wives—June Blair and Kris Nelson—also joined the cast. The show was cancelled at the end of the 1965-66 season after 435 episodes, 409 of which were in black and white and 26 in color. The last episode aired Sept 3, 1966. 
    1952 - Top Hits 
“You Belong to Me” - Jo Stafford 
“Wish You Were Here” - Eddie Fisher 
“I Went to Your Wedding” - Patti Page 
“Jambalaya” (“On the Bayou”) - Hank Williams 
    1953 - "I Led Three Lives" was first seen in syndication (it was never on a TV network) this day. Richard Carlson starring as Herbert A. Philbrick. 'The fantastically true story of Herbert A. Philbrick, who for nine frightening years did lead three lives - average citizen, member of the Communist Party and counterspy for the F.B.I.' Richard Carlson stars as Philbrick in this 1953-56 syndicated series based on the national best-seller. It was one of the most popular TV shows in the McCarthy era.
http://www.geocities.com/TelevisionCity/ILedThreeLives.htm 
http://www.geocities.com/TelevisionCity/ILedThreeLives.htm
    1954 - “December Bride.” This sitcom was filmed before a live audi­ence at Desilu Studios and took place mainly in a living room. It starred Spring Byington as widow Lily Ruskin, Frances Rafferty as her daughter Ruth Henshaw, Dean Miller as Ruth's husband, Matt, Harry Morgan as wisecracking next-door neighbor, Pete Porter, whose oldest son, Chris, was one of my closest friends in high school. He played third trumpet in my band, doing most of the solos. His wife Gladys was talked about but never seen, Verna Felton as Lily's friend Hilda Crocker and Arnold Stang as Private Marvin Fisher, Pete's brother-in-law. This series spun off “Pete and Gladys” in 1960.
http://www.geocities.com/TelevisionCity/DecemberBride.htm
    1955 – FINALLY! I was there as a thirteen-year-old kid when left-hander Johnny Podres pitched a 2-0 shutout against the New York Yankees to give the Brooklyn Dodgers their only World Series championship. Before this seven-game triumph, the Dodgers had lost the series in 1920, 1941, 1947, 1949, 1952, and 1953. The Dodgers left Brooklyn for Los Angeles after the 1957 season and have never been the same; that's when I became a Chicago Cubs fan.
http://www.baseballlibrary.com/baseballlibrary/Podres_Johnny.stm
    1955 - Rev Sun Young Moon leaves prison in Seoul
http://www.unification.net/1984/840101.html
http://www.tparents.org/Lib-Moon-Book.htm 
http://www.newcovpub.com/unification/wfwp3.html
http://www.americanatheist.org/spr00/T2/fitrakis.html
    1957 - “Leave It to Beaver” premieres on TV. This family sitcom was a stereotypical por­trayal of American family life. It focused on Theodore “Beaver” Cleaver (Jerry Mathers) and his family: his patient, understanding and all-knowing father, Ward (Hugh Beaumont), impeccably dressed housewife and mother June (Barbara Billingsley) and Wally (Tony Dow), Beaver's good-natured, all-American brother. The “perfectness” of the Cleaver family was balanced by other, less-than-perfect characters played by Ken Osmond, Frank Bank, Richard Deacon, Diane Brewster, Sue Randall, Rusty Stevens and Madge Blake. The last episode aired Sept 12, 1963. “Leave It to Beaver” remained popular in reruns.
http://www.leaveittobeaver.org/
    1957 - The Space Age began as the Soviet Union launched Sputnik, the first man-made satellite, into orbit.
    1958 - Barbara MacDonald of Timbuk 3 was born Barbara Kooyman, Wausau, WI.
    1959 - No. 1 Billboard Pop Hit: "Mack the Knife," Bobby Darin. The song - Darin's biggest hit - earns the singer Grammy Awards as best new artist and best vocal performance by a male.  Composed by Kurt Weill with lyrics by Bertolt Brecht for their music drama “Die Dreigroschenoper,” or, as it is known in English, “The Threepenny Opera.”  It is ranked #251 on Rolling Stone's "The 500 Greatest Songs of All Time" list. On BBC Radio 4's Desert Island Discs, pop mogul Simon Cowell named "Mack the Knife" the best song ever written. Darin's version of the song was inducted by the Library of Congress in the National Recording Registry in 2016. 
    1960 - Top Hits 
“My Heart Has a Mind of Its Own” - Connie Francis 
“Chain Gang” - Sam Cooke 
“Mr. Custer” - Larry Verne 
“Alabam” - Cowboy Copas 
    1961 - Bob Dylan makes his concert hall debut at New York's Carnegie Hall. About 50 people attended, mostly friends, and he earned 20 bucks.
    1963 - Eric Clapton is asked to replace Anthony "Top" Topham in the Yardbirds.
    1965 - No. 1 Billboard Pop Hit: "Yesterday," The Beatles. The song, which Paul McCartney originally called "Scrambled Eggs," has been played on the radio and TV more than any other Beatles song and is the most covered song in history.
    1966 – Pope Paul VI arrived in New York City. While speaking at the UN, Paul published a document exonerating the Jews of all blame in the death of Christ. It was a whirlwind visit. Pope Paul VI arrived at Kennedy International Airport, New York City, 9:27am. He went to Saint Patrick's Cathedral, and Cardinal Spellman's residence, 11:44am, conferred with President Lyndon Baines Johnson at the Waldorf-Astoria Hotel at 1:40pm, addressed the General Assembly of the United Nations in French at 3:30pm, attended a public Mass at Yankee Stadium at 8:30pm, visited the Vatican Pavilion at the New York World's Fair at 10:25pm, and returned to Rome the same day at 1:11pm on an Alitalia jet liner. He was seen by about 1 million persons and by 100 million on television.
    1968 - Top Hits 
“Hey Jude” - The Beatles 
“Hush” - Deep Purple 
“Fire” - The Crazy World of Arthur Brown 
“Harper Valley P.T.A.” - Jeannie C. Riley 1964 Patriots' Gino Cappelletti kicks 6-of-6 field goals against Broncos
    1969 - Crosby, Stills & Nash's "Suite: Judy Blue Eyes" is released.
    1969 - CCR's "Green River" tops the LP chart.
    1969 - Denver, CO, received 9.6 inches of snow. October of that year proved to be the coldest and snowiest of record for Denver, with a total snowfall for the month of 31.2 inches.
    1970 - Rock singer Janis Joplin, 27, was found dead of an accidental heroin overdose.
    1976 - Agriculture Secretary Earl Butz resigns after telling a racial joke. He later was sentenced to five years in prison for evading taxes, but was pardoned by the president.
http://www.kpcnews.net/special-sections/reflections3/reflections17.html 
http://www.tompaine.com/feature.cfm/ID/2480
    1975 - Pink Floyd's "Wish You Were Here" LP hits #1 on the chart.
    1976 - TV audiences watched as Barbara Walters joined Harry Reasoner at the anchor desk of the "ABC Evening News" for the first time. Walters made the switch with a million-dollar paycheck, becoming the first woman to anchor a network evening newscast.
    1976 - Top Hits 
“Play That Funky Music” - Wild Cherry 
“I'd Really Love to See You Tonight” - England Dan and John Ford Coley 
“A Fifth of Beethoven” - Walter Murphy and The Big Apple Band 
“Here's Some Love” - Tanya Tucker
    1978 - Pier 39 opens in San Francisco. Warren Simmons, owner and founder of PIER MARKET RESTAURANT, was the founder and builder of PIER 39.  In the early 70's, Warren was looking for a waterfront location for his Tia Maria Restaurants.  He came upon Pier 39, which was full of refrigerators and junked cars.  Looking past the debris, Warren envisioned a world-class development and it is just that today-PIER 39.  In spite of opposition from politicians, civic groups, and competitors, government regulations, red tape and skeptics, Pier 39 opened.  The only major waterfront construction in San Francisco in the last 100 years was built in spite of everything.  With vision and hard work, Warren was successful in creating this unique addition to Fisherman's Wharf.  Warren and his son Scooter opened Pier Market in 1983.  It has become quite a tourist attraction.
    1980 - No. 1 Billboard Pop Hit: "Another One Bites the Dust," Queen. The song, which stays at No. 1 for three weeks, sells more copies than any other single by the group. ELO's "All Over the World" peaks at #13 and Genesis' "Turn It on Again" peaks at #58.
    1981 - CBS Records releases the children's holiday album, "In Harmony," which includes Bruce Springsteen's "Santa Claus Is Coming To Town.”
    1984 - “There it goes! It could be, it might be, it's...” A sad day for long-suffering Chicago Cubs fans. Chicago lost to the Padres 7-1 in the National League Championship Series.
    1985 - Shiite Muslims claim to have killed hostage William Buckley
    1986 - Dan Rather, of "The CBS Evening News," was mugged by two men in New York City.
    1986 - Van Halen's "Love Walks In" peaks at #22 on the singles chart.
    1987 - A storm brought record snows to the northeastern U.S. Snowfall totals ranged up to 21 inches at North Springfield, VT. It was the earliest snow of record for some locations. The storm claimed 17 lives in central New York State, injured 332 persons, and in Vermont caused $17 million damage. The six-inch snow at Albany, NY was their earliest measurable snow in 117 years of records.
    1987 - Southern California continued to "shake and bake." An earthquake was reported during the morning, the second in a matter of days, and during the afternoon temperatures soared well above 100 degrees. Highs of 100 degrees at San Francisco, and 108 degrees at Los Angeles and Santa Maria, were October records. San Luis Obispo was the hot spot in the nation with an afternoon high of 111 degrees.
    1988 - Televangelist Jim Bakker is indicted on federal charges of mail and wire fraud and of conspiring to defraud the public. The case against the founder of Praise the Lord (PTL) Ministries and three of his aides exploded in the press when it was revealed that Bakker had sex with former church secretary Jessica Hahn.
    1989 - Unseasonably cold weather continued in the north central U.S., with freezing temperatures reported across much of the area from eastern North Dakota to Michigan and northwest Ohio. Thirteen cities reported record low temperatures for the date, including Saint Cloud, MN, which was the cold spot in the nation with a morning low of 19 degrees.
    1991 - NHL NY Rangers trade Bernie Nichols to Edmonton for Mark Messier
    1992 - Miami Dolphins' safety Louis Oliver grabbed three interceptions from the Buffalo Bills and returned one for a 103-yard touchdown. That return tied for the NFL's all-time longest interception return with a 103-yard return by San Diego's Vencie Glenn against Denver on November 29, 1987.
    1996 - Van Halen announces that former Extreme lead singer Gary Cherone was chosen as the new lead singer of the group, replacing Sammy Hagar.
    1997 - "4 Seasons of Loneliness," by Boyz II Men, was the #1 single in the U.S. The song, from their "Evolution" album, was number one for one week.
    2002 - John Walker Lindh, the so-called "American Taliban," was sentenced to 20 years in prison by a federal judge in Alexandria, VA.  Also, Richard Reid pleaded guilty in a federal court to trying to blow up a trans-Atlantic flight with explosives hidden in his shoes.
    2006 - Dow closes above 11,800 for the first time.
    2010 – As this is the first Monday in October, the Supreme Court began a new era with three women serving together for the first time as Elena Kagan took her place at the end of the bench.
   
World Series Champions:
    1955 - Brooklyn Dodgers