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Thursday, October 15, 2020


Today's Leasing News Headlines

NVLA Long-Time Attorney Cary Childs Boyden
    February 20, 1945 - September 11, 2020
Stop Telling Girls Being Nice...
     photo
New Hires/Promotions in the Leasing Business
    and Related Industries
Leasing Industry Ads
    ---Help Wanted
"Hard Asset-Secured Lender" Maxim Capital Reports
    "stabilized funding and low delinquencies"
Renters Moving to More-affordable Areas
    Working at Home One of the Reasons
Apple or Android Nation?
    Mobile Operating Systems in Selected Countries
The Price of the iPhone 12 Around the World
   Initial Price of iPhone 12/12 Pro in Selected Countries
Enova Completes Acquisition of OnDeck
    $1.89 per share, or approximately $122 million
Balboa Survey: Small Business Confidence Rebounds,
    but Remains below Pre-Pandemic Levels
Movies to Get Ready for Halloween
    Chosen by Leasing News' Fernando Croce
Labrador Retriever/Mix
    Los Angeles, California
Registration Surpasses 660 for ELFA 2020 Business LIVE!
    Last Day to Register is Oct. 21
News Briefs---
Bill Gates slams U.S. on COVID-19: Most governments
      listen to their scientists, not attack them
Coronavirus threat level upgraded to red
     in Dallas County as cases climb
Trump again attacks Fauci's guidance
     as coronavirus infections tick upward

You May have Missed---
Europe Can Impose Tariffs on U.S.
    . in Long-Running Aircraft Battle

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

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


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

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




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NVLA Long-Time Attorney Cary Childs Boyden
February 20, 1945 - September 11, 2020

Cary Boyden, General Counsel for the National Vehicle Leasing Association since 1977, as well as active in other leasing associations; 1988 winner of NVLA's Samuel Lee Morial Award; instructor in many legal classes, passed away in Davis, California from Pancreatic cancer at the age of 76.

Cary was born on Feb. 20, 1945, in Greenfield, Mass. to John and Evelyn Boyden. He grew up in the small town of Deerfield in western Massachusetts and attended Eaglebrook School and Deerfield Academy before graduating from Harvard with honors and obtaining his law degree from Georgetown University where he was an editor of the Georgetown Law Journal.

Cary came from a long line of scientists and educators, including Seth Boyden, the inventor of patent leather, Uriah Boyden of the Boyden Observatory and Frank L. and Helen Childs Boyden of Deerfield Academy. However, Cary chose a different path and embarked on a 45-year legal career in Northern California where he specialized in commercial and equipment financing. During a good portion of this time, he was a partner of Boyden, Cooluris & Saxe as well as Pillsbury Madison & Sutro, now an international law firm. Among his other accomplishments, he was for decades a nationally prominent expert on vehicle leasing law beginning with his instrumental role as an architect of the Consumer Leasing Act passed by Congress and the subsequent regulations issued by the Federal Reserve Board, all of which remain the law today.

A lifetime fisherman, Cary landed the catch of his life on April 20, 1975, by marrying Suzanne Ball of Fort Worth, Texas. The two settled in Davis and raised three children, Benjamin, Kathleen and Nathaniel.

Outside of his law practice and family life, Cary was passionate about fly fishing. He began fly fishing in the streams and rivers of New England before taking his ardor with him to the waters of the West Coast.

A member of the Fly Fishers of Davis since the late 1970s, Cary built a rich network of friends and like-minded anglers intent on promoting the art of fly fishing, catching (and releasing) fish, and the conservation of our natural resources. Late in his angling career, Cary specialized in stillwater fly fishing. He details the methods he used on the waters of Northern California in the technical fishing biography, “Random Thoughts of a Dark-Sider.”

Whether he was practicing law, helping to raise his children or gone fishing, Cary was known as a simple, direct, honest and special man. He was fond of extolling the purpose to “leave the world in a better place.” Through the hearts and minds of those he knew, Cary did just that.

Cary is preceded in death by his father and mother, his sister, Kathleen and his oldest son, Benjamin. He is survived by his wife of 46 years, Suzanne, his daughter Kathleen Stacy (husband Christopher), his son Nathaniel (wife Anne), and his five beloved grandchildren: Blakely and Boyden Stacy, and Lilah, Violet and Jonathan Boyden.

In lieu of flowers, the family is asking that donations be made to the Nature Conservancy, Casting for Recovery or a charity of your choice. A Celebration of Life will be held at a later date when conditions are more befitting of travel, handshakes and hugs.

Enterprise, Yolo County News

CIV:
http://www.lawyerdb.org/Lawyer/Cary-Boyden/


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New Hires/Promotions in the Leasing Business
and Related Industries


Casey Goodell was hired by Financial Partners Group, Des Moines, Iowa, as Finance Manager, Hard Asset Equipment Financing.  He is located in Dover, New Hampshire. Previously, he was Team Lead, Senior Lending Solutions Manager, Direct Capital, a Division of CIT Bank (September, 2011 - September, 2020).  Volunteer Experience: Big Brother, Big Sister Foundation, Inc (September, 2006 - May, 2010). Education: Franklin Pierce University. Graphic Communications (2008 - 2010). Activities and Societies: Hockey. https://www.linkedin.com/in/casey-goodell-a4647544/


Richard Hyde was hired as President of Prestige Financial Services, a business enterprise group within the LHM Group portfolio, Sandy, Utah. "Hyde, who was previously the chief operating officer of PFS since 2013, will oversee its business operations, lead strategy development and achieve organizational goals. He has more than 25 years of senior-level leadership experience successfully managing financial companies in various financial industries. Hyde joined PFS in 2002 as senior vice president of Servicing. In addition to subprime auto, he has spent time in credit card, small dollar, manufactured housing and mortgage finance, including holding senior-level roles at CitiFinancial Mortgage, Conseco Finance, and Associates Capital Bank. Hyde graduated magna cum laude from Ashford University with a bachelor's degree in Organizational Leadership. He serves on the executive board of directors and the independent auto finance board for the American Financial Services Association. Hyde was named ‘Director of the Year’ by Conseco Finance and has been recognized by SubPrime Auto News as a recipient of their ‘Movers and Shakers’ award."


Michael Jones, CFA, was hired as Chief Finance Officer, Crossroads Equipment.   Previously, he was CFO Consolidated Analytics (2009 - October, 2020); CFO Southwest Stage Funding LLC, dba Cascade Financial (2016 - 2019); CFO, E-Qualify/Clara Lending (2015 - 2017); CFO, Home Point Financial (2015 - 2016); CFO, United Wholesale Mortgage and IMBs (2011 - 2015); CFO, Mortgage Assurance Corporation (2009 - 2011); CFO, SquareTwo Financial (2006 - 2009); SVP, Finance, Lehman Brothers, Inc. (2002 - 2006); VP, Financial Analytics, Wells Fargo Home Mortgage (1993 - 2002). Education:
The University of Iowa, Tippie College of Business, MBA (1991 - 1993). Drake University, BSBA (1986 - 1990). https://www.linkedin.com/in/mjones3545


Brenda Newkirk was promoted to Senior Program Manager, Navitas Credit Corporation, Ponte Vedra, Florida. She is located in the Parsippany, New Jersey office. She joined the firm November, 2012, as Program Manager. Previously, she was Account Executive, The Daily Record (February, 2008 - August, 2012); Director, Sales, Financial Executives International (2003 - 2006).  Education: Kutztown University of Pennsylvania. Education major. (1983 - 1986). https://www.linkedin.com/in/brenda-newkirk-44125211/


Brian O'Meara was hired as Senior Business Development Account Manager, NewLane Finance, Philadelphia, Pennsylvania. He previously was at Marlin Capital Solutions, where he started July, 2018, as Senior Business Development Manager; promoted, March, 2020, Strategic Account Manager; Senior Business Development Manager, Navitas Credit Corporation (February, 2018 - July 2018).  He began his career at Marlin Business Services Corp, March, 2012, as Business Development Manager; promoted January, 2015, Senior Business Development Manager.  Education: La Salle University. Bachelor of Science (BS), Business Administration and Management General (2002 - 2007).https://www.linkedin.com/in/brian-o-meara-b8282a50/   


Sam Young was hired as Vice President of Sales and Vendor Development, Financial Partners Group, Des Moines, Iowa. He is located in the Greater Boston area. Previously he was Lending Solutions Manager, Direct Capital, a Division of CIT Bank, NA. (October, 2015 - August, 2020).  Education: University of New Hampshire, Bachelor's Degree (2010 -2013).  Education: University of New Hampshire. Bachelor's Degree (2010 - 2013). https://www.linkedin.com/in/sam-young-039b75ba/




 

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Leasing Industry Help Wanted










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"Hard Asset-Secured Lender" Maxim Capital Reports
"stabilized funding and low delinquencies"

LOS ANGELES, CALIF. - Maxim Commercial Capital is pleased to report it funded hard asset-secured financings for small and mid-sized businesses (SMBs) in 32 states during the third quarter of 2020. “Despite the year’s exceptional challenges.”


Behzad Kianmahd, Chairman & CEO, reports, "While the credit markets remained tight during 3Q 2020, our funding volume stabilized and delinquencies neared historically low levels. The work-from-home conditions accelerated our investments in technology, policies and procedures, benefitting you, our team and the business owners we both serve.

"We are indebted to our loyal customers and finance brokers for their support in these trying times. We welcomed the return of cautious optimism in the third quarter and look forward to a strong year-end and 2021.”

RECENT TRANSACTIONS

Excavator for Start-Up Contractor

A start-up construction company could not find financing for a used excavator. He turned to a broker who sent the deal to Maxim, and we quickly funded the transaction.

Maxim Funded: $33,750, 30-month term
Purchase Price: $59,500
Collateral: 2016 Case 580 Super N Excavator

 

App-Only! Tow Truck for Subprime Buyer

A broker whose client has tough credit scores got a nearly brand-new Rollback Tow Truck with Maxim's help. We funded the app-only deal quickly, and already are in discussions to refinance the borrower's commercial real estate. 

Maxim Funded: $52,100, 42-month term
Purchase Price: $85,600
Collateral: Newly-purchased 2019 Chevy 6500HD Rollback Tow Truck 

Growth Capital for Operator of Self-Serve Car Washes

A successful real estate developer / car wash owner-operator got the growth capital he needed while leaving favorable 1st liens in place.
 
Maxim Funded: $2,000,000, 60-month term
Collateral: 2nd Liens on retail strip mall, 5 self-serve car washes and car wash FF&E

 

Start-Up Driver with 578 FICO Gets Great Truck

2016 Western Star 5700XE
Price: $49,440
Down Payment: $18,000

Replacement Truck for Experienced Driver
2017 Kenworth T680
Price: $54,162
Down Payment: $20,000

 

Maxim Commercial Capital
1620 Wilshire Blvd., Suite 540
Los Angeles, CA 90025

Dana Freeman
Director, Broker Relations
213-425-3163
dana@maximcc.com




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Renters Moving to More-affordable Areas
Working at Home One of the Reasons



 

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While the difference in business models between the world’s two most popular smartphone operating systems means that they will never compete for market share on the same level, Apple is definitely not satisfied with how low its market share is in some emerging economies. For one nation with some of the fewest iOS users – India - this might change.

Apple will, for the first time, be able to open its own stores in the country after having invested in a local production facility. The rule is just one aspect of India’s protectionist economic policy that has in the past limited the brand's access to its market of over one billion people. Before the new facility was up and running, Apple also had to pay substantial import duties on phones for the Indian market, which resulted in a price tag that was out of the reach even of wealthy Indian consumers.

Right now, Indian iPhone owners are making up only 3 percent of smartphone users, fewer than in most African, Latin American or Southeast Asian nations. With the price of the locally produced iPhone SE down to $484, Apple is hoping to boost sales at a time when mid-range and premium smartphone market segments are beginning to grow. The company has achieved market shares between 10 and 20 percent in emerging economies like Brazil and China, but its system of one brand, one OS and the premium nature of its products means that its market share has been limited to around 60 percent even in its biggest markets, the U.S. and Japan.

By Katharina Buchholz, Statista

 


 

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Apple unveiled its new generation iPhone yesterday. The new models, iPhone 12 and 12 Pro, will be available on October 23 and pre-orders can be placed starting Friday. Notable new features include the integration of 5G technology, a faster chip, and improvements to the camera's night mode, according to the manufacturer. The iPhone 12 is also available in a new mini format, while the Pro can be ordered in the tested Max screen size as well. Both special sizes will ship November 13 and can be pre-ordered from November 6.

In the U.S, the iPhone 12 will be available starting at US$33/month for a two-year contract. For ease of comparison, the price of the standard model is displayed at US$943 without contract, trade-in or sim-lock and including California state sales tax in our chart. Still, the iPhone price in the U.S. is quite low compared to other countries. The Japanese are also among the luckiest Apple customers. Here, the new iPhone model is available for under US$950 (including tax) for the 128 GB iPhone 12 and just over US$1100 for the 64 GB iPhone 12 Pro.

Indian customers, however, are paying a much higher price for the same phone. It will cost them upwards of US$1100 for the starter model and a whopping $1,636 for the Pro model. While the price of the iPhone 11 was one of the highest in the world in the UK and Russia, the price of the 12 model turned out lower - at least in comparison. Continental Europeans - for example in Germany and France - are paying more of a premium this time around.

By Katharina Buchholz, Statista

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

Enova Completes Acquisition of OnDeck
$1.89 per share, or approximately $122 million

CHICAGO,  -- Enova International (NYSE: ENVA), a leading financial technology and analytics company offering consumer and small business loans and financing, announced it has completed the acquisition of On Deck Capital, Inc. (NYSE: ONDK), a leader in online lending for small business, for $1.89 per share, or approximately $122 million. The acquisition creates a company with significant scale and diverse product offerings in consumer and small business market segments with combined originations of nearly $5 billion in 2019 and approximately seven million customers.

Under the terms of the agreement, OnDeck shareholders received 0.092 of a share of Enova common stock and $0.12 in cash for each share of OnDeck held.


David Fisher, CEO of Enova, said, "We are excited to announce the completion of the acquisition of OnDeck. The combination establishes Enova as a premier Fintech lender with substantial scale and a diversified portfolio of brands and products.

"The operational integration plans and ability to recognize meaningful synergies and financial benefits of the acquisition are on track. We remain well positioned to drive long-term, profitable growth for our shareholders while addressing the needs of consumers and small businesses whose need for access to credit is even more critical in the wake of the COVID pandemic and current economic environment."

As previously announced, the transaction is anticipated by Enova to result in approximately $50 million in annual cost synergies and approximately $15 million in run-rate net revenue synergies to be fully phased-in by year-end 2022. The transaction is expected to be accretive in the first year post-closing and is expected to generate earnings per share accretion of more than 40% when synergies are fully realized. Enova's management will discuss its quarterly results and business outlook during its third quarter 2020 earnings conference call later this month. 

In connection with the closing of the acquisition, ONDK's common stock will cease to be publicly traded on the NYSE today.

About Enova
Enova (NYSE: ENVA) is a leading provider of online financial services to non-prime consumers and small businesses, providing access to credit powered by its advanced analytics, innovative technology, and world-class online platform and services. Enova has provided more than 7 million customers around the globe with access to more than $20 billion in loans and financing. The financial technology company has a portfolio of trusted brands serving consumers, including CashNetUSA®, NetCredit® and Simplic®; two brands serving small businesses, Headway Capital® and The Business Backer®; and offers online lending platform services to lenders. Through its Enova Decisions™ brand, it also delivers on-demand decision-making technology and real-time predictive analytics services to clients. You can learn more about the company and its brands at www.enova.com.

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

Balboa Survey: Small Business Confidence Rebounds,
but Remains below Pre-Pandemic Levels

Costa Mesa, Calif.   Balboa Capital, a leading direct lender that specializes in equipment financing and small business loans, today announced the results of its latest survey, which was conducted to gain a better understanding of small business performance during the COVID-19 pandemic and to gauge small business owner confidence for the final months of 2020. The survey reveals that 53% of small business owners saw decreased revenues in the second and third quarters of 2020, compared to 18% in the previous two quarters. Conversely, 54% of small business owners are expecting increased revenues in Q4, an increase of 7% from Balboa Capital’s previous survey results. Business owners also expressed more optimism about the United States economy. 50% of business owners expect the nation’s economy to improve in Q4, compared to 41% in the previous quarter. Balboa Capital’s survey was sent to a sample of small business owners nationwide during the final week of September 2020.


Kevin Umeda, Manager of Sales and Planning at Balboa Capital, said, “There is no question that our nation’s small businesses have been severely affected by COVID-19’s economic impact. Our latest survey results show that over half of small businesses experienced sharp decreases in sales over the past six months, and that a significant number of business owners struggled to secure funding, meet their financial obligations, and stay on top of the ever-changing shutdown laws.

“That said, there appears to be a light at the end of the tunnel. Small business owners who participated in our survey expressed optimism about their companies and the nation’s economy as 2020 comes to a close. More than 50% of business owners we surveyed expect their revenues to increase in Q4, and this is influencing their investment decisions.”

Key takeaways from Balboa Capital’s small business owner survey:

Remaining open for business during the pandemic is the number-one challenge faced by small business owners in 2020, followed by maintaining financial stability, obtaining business funding, paying bills/meeting payroll, and adhering to Federal, State, and local laws relating to the pandemic.

  • 53% of small business owners reported decreased revenues in Q2 and Q3, compared to 18% in the previous two quarters.
  • 30% of small business owners reported no change in revenues in Q2 and Q3.
  • 17% of small business owners reported increased revenues in Q2 and Q3, compared to 64% in the previous two quarters.
  • 62% of small business owners think their local economies will improve in Q4.
  • 50% of small business owners think the national economy will improve in Q4, compared to 41% in the previous quarter.
  • 54% of small business owners expect their revenues to increase during Q4, compared to 47% in the previous quarter.
  • 43% of small business owners obtained Paycheck Protection Program (PPP) loans, 38% were not successful in obtaining PPP loans, and 19% did not apply for PPP loans.
  • Among small business owners who successfully accessed one or more types of growth capital during the first nine months of 2020, the most popular options were business lines of credit (53%), PPP loans (43%), equipment financing (29%) and small business loans (28%).
  • 55% of small business owners obtained funding from online lenders during the first nine months of 2020, a 26% increase over the same period last year.
  • 38% of small business owners said they plan to add e-commerce capabilities to their websites and/or expand their existing online shopping portals in Q4.
  • 1 in 4 small business owners plan to hire new employees in Q4.
  • 35% of small business owners plan to invest in new equipment, vehicles and/or technology in Q4, and 28% plan to purchase additional inventory.

Mr. Umeda said that it is common for Balboa Capital to see an increased demand for its funding solutions during the final months of each year, but 2020 is much different.

 “We have seen an uptick in business because many small business owners are finding it difficult to get a bank to lend them money, or they were not able to tap into the government’s loan program. Business owners appreciate our fast, flexible and hassle-free funding options.”

About Balboa Capital
Balboa Capital is a technology-driven financing company that provides business owners with fast, hassle-free solutions to fuel their growth and success. The company specializes in small business loans, equipment financing, commercial financing, equipment vendor financing, and franchise financing. Balboa Capital developed an intuitive online platform that simplifies the entire financing process. Calculators provide instant estimates, applications can be completed and submitted in a matter of minutes, and sophisticated credit scoring technology provides instant decisions. To learn more, visit https://www.balboacapital.com.

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Special Halloween Edition, Part One

With Halloween just around the corner, we’ve put together a multi-part catalog of classic frightfests to go with your pumpkin treats. Check back next week for more indelible horror tales.

The Bride of Frankenstein (James Whale, 1935): After directing the original 1931 classic, underrated horror specialist James Whale took Mary Shelley's legendary monster to new heights in this marvelous sequel. Picking up where the original left off, the plot finds the Creature (Boris Karloff) escaping into the woods, where he encounters brief wonders as well as human incomprehension. Meanwhile, Dr. Frankenstein (Colin Clive) is pulled back into his bizarre experiments by a certain Dr. Pretorious (the priceless Ernest Thesiger), who's keen on creating a companion for the Creature. Filmed with eccentric camera angles, an affection for gruesome outsiders, and an irresistible combination of fright and humor (particularly in scenes involving the Bride, unforgettably played by Elsa Lanchester), the movie is arguably the greatest of the Universal Studio horror classics.

The Leopard Man (Jacques Tourneur, 1943): An underrated entry in the exceptional horror series produced by Val Lewton in the 1940s, this subtle chiller at times plays like a cousin to the more famous “Cat People.” At the center is a black leopard brought in as a publicity stunt for the nightclub act of chanteuse Kiki (Jean Brooks) by her agent, Jerry (Dennis O’Keefe). When Kiki’s rival, Clo-Clo (Margo), frightens the feline beast away from the stage and into the night, the town becomes gripped by fear. But are the ensuing deaths caused by the animal, or someone taking advantage of the situation? An expert at suggestive atmosphere, director Jacques Tourneur creates a work heavy with shadowy menace, including a most shocking murder sequence in which barely anything is shown.

The Masque of Red Death (Roger Corman, 1964): Of the several Edgar Allan Poe adaptations directed by great B-movie impresario Roger Corman, this is the most stylish and most ruthless. Set in plague-stricken medieval times, it centers on Prospero (Vincent Price, in one of his greatest horror roles), an unscrupulous prince more concerned with pleasure and luxury and unholy rituals than with the health of his subjects. While the poor masses face fear and disease outside, Prospero and the decadent elite lock themselves into the castle and enjoy a grand ball, sure that they’re safe from danger. But who is the mysterious, cloaked figure among them? Lushly filmed with a knack for hallucinatory sequences, Corman’s danse-macabre remains chilling, elegant, and more relevant now than ever.

The Brood (David Cronenberg, 1979): It's difficult to pick just one terrifying vision from the man who brought us "Videodrome" and "The Fly," but this Canadian tale may be David Cronenberg's most disturbing works. Focusing on a disturbed woman named Nola (Samantha Eggar, in a fearless performance) whose suppressed anger is examined by a controversial psychiatrist (Oliver Reed), the film gives literally monstrous shape to our worst emotions. Can Nola’s hapless husband (Art Hindle) rescue their daughter before it’s too late? There's certainly no shortage of frightful moments involving grotesque creatures throughout the movie, yet Cronenberg cannily suggests that the scariest things are the circles of pain that come from fractured families. The result is a queasy story of internal and external anguish that's as astonishing as it is uncomfortable.

Nosferatu the Vampyre (Werner Herzog, 1979): Never one to back away from a challenge, eccentric German master Werner Herzog puts his own distinctive stamp on this remake of F.W. Murnau’s horror classic, which weaves a moody spell of its own. Summoned to Transylvania for a mysterious client, Jonathan Harker (Bruno Ganz) finds himself trapped in the castle of a fearsome local count named Dracula (brilliantly played by Herzog’s legendary collaborator, Klaus Kinski). Pained by the weight of immortality, Dracula becomes fascinated by Jonathan’s lovely wife Lucy (Isabelle Adjani), and sets off to his hometown in a pestilent ship. Can a woman’s love ward off the incoming evil? Though it follows the story’s familiar beats, Herzog’s ethereal approach creates an indelibly nightmarish atmosphere that’s distinct from the original. With subtitles.

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Aurora
Female
2 Years Old
31 lbs.


Meet Aurora! She’s a super sweet tiny lab mix at only 31 lbs.! She is 2 years old. Aurora loves nothing more than to be pet and be with her person. She loves walks and absolutely loves to be outside. She needs a home with a yard.

She is house trained and rides well in the car. She is scared of new dogs and nervous around new people. While she doesn’t have to be the only dog in the home, we think she would prefer it. If you do have another dog, she prefers calm dogs who give her space.

We have not seen her around cats, and she seems to be okay with children when passing them on walks, but she hasn’t had interaction with any. She’s nervous of new people, so older kids may be okay
She has a lot of love to give, and is a very nice and well behaved pup!

Pacific Pet Rescue
Mailing Address:
6709 La Tijera Blvd. #504
Los Angeles, Ca 90045

info@pacificpupsrescue.com
845-742-3924

Hours
10 am to 4pm
5pm to 8pm

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Registration Surpasses 660 for ELFA 2020 Business LIVE!
Last Day to Register is Oct. 21

WASHINGTON, D.C. - Today the Equipment Leasing and Finance Association announced that more than 660 have registered for ELFA 2020 Business LIVE!, the virtual learning and networking conference for the equipment finance industry on Oct. 27-28. ELFA stressed that the last day to register is Wednesday, Oct. 21, and encouraged all industry professionals to register before the Oct. 21 deadline at www.elfaonline.org/2020buslive


ELFA President and CEO Ralph Petta, said, “We’re very excited about the positive response to ELFA’s first virtual conference and staff is working around the clock to deliver a terrific event.

 “We want to make sure everyone is aware that the last day to register is Wednesday, Oct. 21. It will be difficult to accommodate last-minute registrations after that date, in order to prepare and maximize the technology platform. So, if you plan to join us at ELFA 2020 Business LIVE!, please sign up today!”

Petta noted that in addition to individual registrations, a bulk registration discount is available to companies registering 10 or more individuals.

“To date, an impressive 18 companies have registered 10 or more of their employees for ELFA 2020 Business LIVE,” said Petta. “In fact, ELFA members are showing their support for and contributing to the success of this event in a number of different ways. A robust 29 companies will be exhibiting in the virtual exhibit hall, 10 companies will be supporting the event through sponsorships and approximately 80 individuals will be speaking at the sessions. It’s safe to say that in this unprecedented year, our industry is coming together to present an outstanding virtual experience for all attendees.”

ELFA 2020 Business LIVE! is a full-service virtual conference featuring educational sessions on industry hot topics, interactive networking opportunities, a multimedia virtual exhibit and more. Keynote speakers will include geopolitical analyst Peter Zeihan, renowned political strategist Donna Brazile and expert economic forecaster Marci Rossell. The sessions will be recorded and available to registered attendees after the event.

Learn More
More information about ELFA 2020 Business LIVE!, including registration details, frequently asked questions and the session schedule, is available at  www.elfaonline.org/2020buslive. The last day to register is Wednesday, Oct. 21.

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the nearly $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 580 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

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News Briefs---

Bill Gates slams U.S. on COVID-19: Most governments
      listen to their scientists, not attack them
https://www.cnbc.com/2020/10/14/bill-gates-slams-us-on-covid-most-governments-listen-to-scientists.html

Coronavirus threat level upgraded to red
     in Dallas County as cases climb
https://www.dallasnews.com/news/public-health/2020/10/14/dallas-county-upgrades-coronavirus-threat-level-to-red-as-cases-climb/

Trump again attacks Fauci's guidance
     as coronavirus infections tick upward
https://www.sfgate.com/news/article/Trump-again-attacks-Fauci-s-guidance-as-15645496.php


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You May Have Missed---

Europe Can Impose Tariffs on U.S. in Long-Running Aircraft Battle
https://www.nytimes.com/2020/10/13/business/economy/boeing-europe-tariffs-trade.html


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NFL cancels 2021 Pro Bowl Game due to COVID-19
http://www.theredzone.org/Blog-Description/EntryId/84067/NFL-cancels-2021-Pro-Bowl-Game-due-to-COVID-19

Not old hat for 49ers coach: Shanahan says
     he won’t bring back famed red cap to break skid
https://www.mercurynews.com/sports/nfl/san-francisco-49ers/

COVID-19 forces NFL to keep its options
     open for remainder of regular season
https://www.usatoday.com/story/sports/nfl/2020/10/14/nfl-schedule-covid-19-coronavirus-schedule/3648401001/

Jerry Jones says ‘unorthodox’ year buoys
      Cowboys expectations without Dak Prescott
https://www.usatoday.com/story/sports/nfl/cowboys/2020/10/13/dallas-cowboys-jerry-jones-dak-prescott-injury-changes-expectations/5979469002/

Dustin Johnson tests positive for COVID-19,
    withdraws from PGA event
https://nypost.com/2020/10/13/dustin-johnson-tests-positive-
for-covid-19-withdraws-from-pga-event/

San Jose Sharks bring back franchise icon
      as he nears Gordie Howe record
https://www.mercurynews.com/2020/10/13/marleau-3-0-san-jose-sharks-bring-back-franchise-icon-as-he-nears-gordie-howes-record/

Los Gatos' AJ Allmendinger Captures NASCAR Win
https://www.msn.com/en-us/sports/motorsports/los-gatos-aj-allmendinger-captures-nascar-win/ar-BB19ZptV


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


California Nuts Briefs---

Even in a pandemic, Sacramento rents are spiking again.
   Why the Bay Area is to blame
https://www.sacbee.com/news/local/sacramento-tipping-point/article246428335.html?ac_cid=DM301703&ac_bid=-1761157093

California Wine Country credit unions see 42%
     jump in members, 16% rise in loans
https://www.northbaybusinessjournal.com/article/industrynews/california-wine-country-credit-unions-see-42-jump-in-members-16-rise-in/

Alfred's Steakhouse abruptly closes in San Francisco after 92 years
https://www.sfgate.com/food/article/Alfred-s-Steakhouse-has-abruptly-closed-in-San-15648255.php



[headlines]

--------------------------------------------------------------




“Gimme that Wine”

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

The World's Best Malbecs
https://www.wine-searcher.com/m/2020/10/the-worlds-best-malbecs

No room to breathe: How an antiquated tax system
     is killing Ontario’s wineries
https://www.thepeterboroughexaminer.com/ts/business/2020/10/12/no-room-to-breathe-an-antiquated-tax-system-is-killing-ontarios-small-wineries.html

Motorcycle-riding winemaker hailed for fighting fires in Napa Valley
https://nypost.com/2020/10/09/motorcycle-riding-winemaker-hailed-for-fighting-fires-in-california/

 

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

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

[headlines]
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This Day in History

    1565 - The French surrendered under the terms of a truce that guaranteed them amnesty to Pedro Menendez de Aviles, the Spanish navigator, who had captured the French Huguenot colony at Fort Caroline, near present-day Jacksonville, Florida. However, after they surrendered, Mendendez hanged them, putting a sign over the bodies that read: “I do this not to Frenchmen but to Lutherans.” In 1568, the fort was recaptured by a Huguenot corsair, Dominque de Gourges, who took his revenge by killing all his prisoners. His sign read: “I do this not to Spaniards...but as to traitors, robbers, and murderers.”
    1786 - Earliest 32°F (0°C) recorded temperature in NYC.
    1789 – In the first Presidential tour, President George Washington visited New England.
    1790 - Ann Teresa Mathews (aka Mother Bernardina) and Frances Dickinson founded a convent of Discalced Carmelites (a contemplative working order) in Port Tobacco, Maryland. It was the first Catholic convent founded in the United States. 
    1840 - In Melville, Missouri, the Evangelical Synod of North America was founded. It later became one of the branches of today's United Church of Christ. 
    1858 - Birthday of John L. Sullivan (d. 1918), boxer, born at Roxbury, MA.  “The Great John L” was one of America's first sports heroes. He captured the world's bare-knuckle heavyweight championship on Feb 7, 1882, and went six years without defending the tile. He won the last bare-knuckle fight in 1889 and then lost the title to James J. Corbett in 1892. This was the first fight in which the boxers used gloves and were governed by the Marquess of Queensberry rules.
    1860 - 11-year-old Grace Bedell (1848-1936), of Westfield, NY, wrote to Abraham Lincoln, telling him to grow a beard.
    1863 – The first Cliff House opened in San Francisco.
    1863 - The C.S.S. Hunley, the first successful submarine, sinks during a test run, killing its inventor and seven crewmembers. Horace Lawson Hunley developed the submarine from a cylinder boiler. It was operated by a crew of eight--one person steered while the other seven turned a crank that drove the ship's propeller. The Hunley could dive, but it required calm seas for safe operations. It was tested successfully in Alabama's Mobile Bay in the summer of 1863, and Confederate commander General Pierre G.T. Beauregard recognized that the vessel might be useful to ram Union ships and break the blockade of Charleston Harbor. The Hunley was placed on a railcar and shipped to South Carolina. The submarine experienced problems upon its arrival. During a test run, a crewmember became tangled in part of the craft's machinery and the craft dove with its hatch open; only two men survived the accident. The ship was raised and repaired, but it was difficult to find another crew that was willing to assume the risk of operating the submarine. Its inventor and namesake stepped forward to restore confidence in his creation. On October 15, he took the submarine into Charleston Harbor for another test. In front of a crowd of spectators, the Hunley slipped below the surface and did not reappear. Horace Hunley and his entire crew perished. Surprisingly, another willing crew was assembled and the Hunley went back into the water. On February 17, 1864, the ship headed out of Charleston Harbor and approached the U.S.S. Housatanic. The Hunley stuck a torpedo into the Yankee ship and then backed away before the explosion. The Housatanic sank in shallow water, and the Hunley became the first submarine to sink a ship in battle. Unfortunately, its first successful mission was also its last--the Hunley sank before it returned to Charleston, taking yet another crew down with it. The vessel was raised on August 8, 2000, and now resides in an exhibit at the Charleston History Museum.
    1874 - Child labor law passed, prohibiting 12 year olds from working.
    1878 – Thomas Edison opened the doors to the Edison Electric Company at 65 Fifth Avenue, New York City.  Three thousand shares with a par value of $100 each were issued for the express purpose of financing Thomas Alva Edison's work on the incandescent lamp. J.P. Morgan and his friends were enthusiastic investors. Though commercial electric light had eluded inventors for over fifty years, Edison had vowed that he would create the first incandescent lamp, and as important, build a plant to support the electricity to run the lights. He quickly made good on his promise. His company was soon flush with profits, and competitors hoping to cash in on the burgeoning market were springing up everywhere. Reportedly learning quickly from his investors, Edison adopted the aggressive tactics of vertical integration, buying his rivals and transforming his company into a model modern enterprise, re-christening it General Electric Company.
    1885 – Ol’ Hoss Radbourn, of the Providence Grays, won his 60th game of the season.  Some sources credited him with 59, but either way, this is the most wins by a pitcher in Major League history.  The NY Highlanders’ Jack Chesbro won 41 in 1904 which is the record in the modern era, post 1901. Radbourn was among the first elected to baseball’s Hall of Fame, in 1939.
    1892 - By Presidential Proclamation, 1.8 million acres of Crow Indian reservation were opened to settlers. The government had induced the Crow to give up a portion of their land in the mountainous western area in the state of Montana, for which they received 50 cents per acre.
    1892 - On the last day the season, Cincinnati Reds P Bumpus Jones, in his first major league appearance, threw a no-hitter against Pittsburgh. This will turn out to be the latest date in the season that a no-hitter is ever pitched in the Majors. After that, Jones will pitch only one more season, in 1893, leading to a 2-4 career record with 10 strikeouts and a 7.99 ERA in 41 2/3 innings.
    1900 - Pentecostal evangelist Charles Fox Parham opened Bethel Bible Institute in Topeka, Kansas. It was here on January 1, 1901 that the first Christian in modern times was reported to have spoken in tongues: student Agnes Ozman.
    1904 - Birthday of Marty Mann (d. 1980), American social activist and author, at Chicago, IL. She was a founder in 1944 of the National Committee for Education on Alcoholism and author of “A New Primer on Alcoholism.” 
    1906 – Former Sen. Hiram Fong of Hawaii (d.  2004) was born in Honolulu.  He is the first Asian-American and Chinese-American to be elected as such. In 1964, Fong became the first Asian-American to run for the Republican Party nomination for President.
    1908 – Economist John Kenneth Galbraith (d. 2006) was born in Ontario, Canada.  His books on economic topics were bestsellers from the 1950s through the 2000s, during which time he fulfilled the role of public intellectual. He leaned toward Post-Keynesian economics.  Galbraith was a long-time Harvard faculty member and stayed with Harvard University for half a century as a professor of economics. He was a prolific author and wrote four dozen books, including several novels, and published more than a thousand articles and essays on various subjects. Among his most famous works was a popular trilogy on economics, “American Capitalism” (1952), “The Affluent Society” (1958), and “The New Industrial State” (1967).
    1909 - The first apartment house to occupy a square city block was the Belnord Apartment House, a 12-story building in New York City. It was bounded by 86th street on the south, 87th street on the north, Broadway on the west and Amsterdam Avenue on the east. At the time, it was the largest apartment house in the world. Its area was 64,614 square feet with an interior court of 22,033 square feet. It contained six separate passenger elevators and 178 suites, each with 7 to 11 rooms and two to four baths. Every room was an outside room. Annual rentals ranged from $2,100 upwards. Philip Hiss and H. Hobart Weekes were the architects.
    1909 – Newsman Robert Trout (d. 2000) was born Robert Albert Blondheim in Washington, DC.  Trout was behind the microphone for many of broadcasting's firsts. He was the first to report on live congressional hearings from Capitol Hill, first to transmit from a flying airplane and, by some definitions, the first to broadcast a daily news program, creating the news anchorman role.  In the mid-1930s, he passed on to a then-new CBS executive, Edward R. Murrow, the value of addressing the radio audience intimately, as if the announcer was talking to one person. Trout played a key role in Murrow's development as a broadcaster, and the two would remain colleagues until Murrow departed the network in 1961, and friends until Murrow's death in 1965.  On Sunday night, March 13, 1938, after Hitler’s Germany had annexed Austria in the Anschluss, Trout hosted a shortwave "roundup" of reaction from multiple cities in Europe—the first such multi-point live broadcast on network radio. The broadcast included reports from correspondent William L. Shirer in London (on the annexation, which he had witnessed firsthand in Vienna) and Murrow, who filled in for Shirer in Vienna so that Shirer could report without Austrian censorship.  The special gave Trout the distinction of being one of broadcasting's first true "anchormen" (in the sense of handing off the air to someone else as if it were a baton). It became the inspiration for the “CBS World News Roundup”, a forerunner of television's CBS Evening News, which began later in 1938 and to this day continues to air each weekday morning and evening on the CBS Radio Network.  Trout emceed not only news and special events but also occasional entertainment programs during his first tenure at CBS, from 1932 to 1948, including a stint in London while Murrow was back in the United States. He was the announcer on CBS' “The American school of the Air” and on “Professor Quiz”, radio's first true quiz program. Trout anchored the network's live early morning coverage of the June 6, 1944 Normandy invasion on D-Day by the Allies and was behind the microphone when the bulletins announcing the end of World War II in Europe, and later Japan, came over the air.
    1910 – The airship “America” took off from Atlantic City on the world’s first attempt to cross the Atlantic by a powered aircraft.  America was a non-rigid airship built by Mutin Godard in France in 1906 for journalist Walter Wellman’s attempt to reach the North Pole by air.  Instead, Wellman resolved to make the first aerial crossing of the Atlantic Ocean. He had America enlarged to 345,000 cu ft.  After takeoff, condensing water on the airship's skin added excess weight, and it was difficult to gain height. A passing storm also made forward navigation difficult. The engines failed 38 hours into the flight, apparently due to contamination by beach sand, and she drifted. The crew jettisoned all excess weight, including one of the defunct engines.  The ship had gone as far as a point east of New Hampshire and south of Nova Scotia before floating generally south.  After another 33 hours and having now traveled a total distance of 1,370 miles from launching, they sighted a Royal Mail steamship west of Bermuda. After attracting the ship's attention by a signaling lamp using Morse code, Operator Jack Irwin made the first aerial distress call by radio. The crew, and mascot cat "Kiddo", got into the lifeboat and, after opening the gas valves on the airship, abandoned America which drifted out of sight and was never seen again. The steamship, having barely avoided running down the lifeboat in a high crosswind, was able to rescue the crew and returned them to New York.  The first successful aerial crossings of the Atlantic came nine years later.
    1912 - At Fenway Park which opened this year, the NY Giants defeated Smokey Joe Wood and the Red Sox, 11-4 in Game 6 of the World Series. Boston center fielder Tris Speaker turned an unassisted double play in the 8th inning, the only one by an outfielder in Series history.
    1915 - Birthday of pianist Nellie Lutcher (d. 2007), Lake Charles, LA.
    1916 - Birthday of trumpet player Al Killian (d. 1950) in Birmingham. AL.
(most notable for playing with Basie '40-'44, Ellington '47-'50)
    1917 - The Chicago White Sox captured the World Series when no one from the Giants covered home plate, allowing Eddie Collins to score the winning run.  Catcher Bill Rariden had run up the third base line to start a rundown, expecting the pitcher or 1B to cover home. However, neither of them budged, forcing 3B Heinie Zimmerman to chase Collins while pawing helplessly in the air with the ball in an attempt to tag him. Two years before the issue of baseball betting reached its peak, Zimmerman found himself having to publicly deny purposely allowing the run to score, i.e. to deny that he had "thrown" the game. In truth, McGraw blamed Benton and Holke for failing to cover the plate. A quote often attributed to Zim, but actually invented by writer Ring Lardner some years later, was that when asked about the incident Zim replied, "Who the hell was I supposed to throw to, Klem (umpire Bill Klem, who was working the plate)?" Conventional wisdom has it that Collins was much faster than Zimmerman, but existing photos of the play show that Zimmerman was only a step or two behind Collins, who actually slid across the plate while Zim jumped over him to avoid trampling him. Zimmerman would eventually be banned for life due to various accusations of corruption.  Additionally, the great Jim Thorpe made his only World Series "appearance" during Game 5, where he was listed in the lineup card as starting in right field; but for his turn at bat in the top of the first inning he was replaced by a left-handed hitting Dave Robertson.
    1917 – Arthur Schlesinger (d. 2007) was born in Columbus, OH.  A specialist in American history, much of Schlesinger's work explored the history of 20th-century American liberalism. In particular, his work focused on leaders such as Truman, Roosevelt and the Kennedys. In the 1952 and 1956 presidential campaigns, he was a primary speechwriter and adviser to Democratic presidential nominee Adlai Stevenson.   Schlesinger served as special assistant and "court historian" to President Kennedy from 1961 to 1963. He wrote a detailed account of the Kennedy Administration, from the 1960 presidential campaign to the president's state funeral, titled “A Thousand Days:  John F. Kennedy in the White House” which won the 1966 Pulitzer Prize.
    1918 - The leading film studios announce they will stop releasing films temporarily because of the influenza epidemic. Many theaters had been closed by cities throughout the country to prevent the spread of the deadly virus. Two years earlier, New York City had banned children from theaters in an attempt to halt the spread of polio.
    1920 – Novelist Mario Puzo (d. 1999) born NYC.  Best known for his “Godfather” trilogy, made more famous by director-producer Francis Ford Coppola’s film trilogy.
http://www.kirjasto.sci.fi/mpuzo.htm
http://www.mariopuzo.com/biography.shtml
    1923 – In their first World Series victory, the Yankees scored five runs in the 8th inning to post a comeback victory in Game 6. Babe Ruth hit a 1st-inning home run in the Yankees' 6 - 4 victory over the rival New York Giants.  This was also the first World Series at the then-new Yankee Stadium.  Co-incidentally, in 2009, when the new Yankee Stadium opened, the Yanks won their 27th World Series.
    1923 – Walt Disney received a telegram from Margaret Winkler, a New York cartoon distributor, offering $1500 for each of his first six “Alice Comedies.”  Known as M.J. Winkler, she is the first woman to produce and distribute animated films.
    1924 – President Coolidge declared the Statue of Liberty to be a National Monument.
    1925 – Birthday of guitarist/singer Mickey Baker, (d. 2012) was born MacHouston Baker in Louisville, KY.  He formed Mickey and Sylvia with Sylvia Robinson, one of his guitar students, in the mid-1950s.  Together, they had a hit single with "Love is Strange” in 1956. 
    1928 - The airship Graf Zeppelin completed its first trans-Atlantic flight, landing at Lakehurst, NJ, a 6,168-mile, 111 hour crossing from Friedrichshafen, Germany with Dr. Eckener in command. Capt. Ernst Lehmann, who would be killed in the crash of the Hindenburg at Lakehurst eight and a half years later, served as First Officer on the flight.
    1937 – One-time New Christy Minstrels member, gravelly voiced singer of “Eve of Destruction,” Staff Sgt. Barry McGuire (d. 1989) was born in Carlsbad, NM. One of the things that set them apart from the other folk groups of their time was the concept of signing new players, like all pro-sports teams. New blood was always being added to the group, while seasoned musicians went off to make careers of their own. Famed alumni include: Kenny Rogers, The First Edition, Karen Black, John Denver, Roger McGuinn and Gene Clark, Kim Carnes and many, many more.
http://www.tsimon.com/mcguire.htm
    1937 - Ernest Hemingway novel “To Have and Have Not” is published.
http://www.hemingwaysociety.org/
http://www.imdb.com/title/tt0037382/
http://www.culturevulture.net/Movies/ToHave.htm
    1939 – LaGuardia Airport opened in Queens, NYC as New York Municipal Airport.
    1946 - With two outs, and St. Louis Cardinals' Enos Slaughter on first, Harry Walker hit a line drive to left-center. Slaughter got an early jump as Boston Red Sox pitcher Bob Klinger failed to hold him on the bag. Leon Culberson (in center) bobbled Walker's single and shortstop Johnny Pesky hesitated on the cutoff (checking the runner on first instead of throwing home). Ignoring third base coach Mike Gonzalez, Slaughter rounded third and scored. Pitcher Harry Brecheen shut down the Red Sox in the ninth and St. Louis won the game, 4-3, and the World Series, four games to three. The '46 Series will always be remembered in Red Sox lore as the one in which “Pesky held the ball.”
    1947 - Top Hits
“I Wish I Didn't Love You So” - Vaughn Monroe
“Feudin' and Fightin'” - Dorothy Shay
“Near You” - The Francis Craig Orchestra (vocal: Bob Lamm)
“Smoke! Smoke! Smoke! (That Cigarette)” - Tex Williams
    1950 - The first radio paging service was instituted in New York City area by Aircall. The first call was for a doctor who was on a golf course 25 miles away. Subscribers equipped with six-ounce Aircall pocket radio receivers could hear their call numbers repeated in numerical sequence on the air at least once per minute within a 30-mile area.
    1951 - “I Love Lucy” premiers on television. This enormously popular sitcom, TV's first smash hit, starred the real-life husband and wife team of Cuban actor/bandleader Desi Arnaz and talented redheaded actress/comedienne Lucille Ball. They played Ricky and Lucy Ricardo, a New York bandleader and his aspiring actress/home­maker wife who was always scheming to get on stage. Costarring were William Frawley and Vivian Vance as Fred and Ethel Mertz, the Ricardo’s' landlords and good friends who participated in the escapades and dealt with the consequences of Lucy's often well-intentioned plans. Famous actors guest-starred on the show, including Harpo Marx, Rock Hudson, William Holden, Hedda Hopper and John Wayne. This was the first sitcom to be filmed live before a studio audience, and it did extremely well in the rat­ings both the first time around and in reruns. The last telecast ran Sept 24, 1961 but “I Love Lucy” lives on in re-runs.
    1952 - POMEROY, RALPH E., Medal of Honor
Rank and organization: Private First Class, U.S. Army, Company E, 31st Infantry Regiment, 7th Infantry Division. Place and date: Near Kumhwa, Korea, 15 October 1952. Entered service at: Quinwood, W. Va. Born: 26 March 1930, Quinwood, W. Va. G.O. No.: 97, 30 December 1953. Citation: Pfc. Pomeroy, a machine gunner with Company E, distinguished himself by conspicuous gallantry and indomitable courage above and beyond the call of duty in action against the enemy. While his comrades were consolidating on a key terrain feature, he manned a machine gun at the end of a communication trench on the forward slope to protect the platoon flank and prevent a surprise attack. When the enemy attacked through a ravine leading directly to his firing position, he immediately opened fire on the advancing troops inflicting a heavy toll in casualties and blunting the assault. At this juncture the enemy directed intense concentrations of artillery and mortar fire on his position in an attempt to neutralize his gun. Despite withering fire and bursting shells, he maintained his heroic stand and poured crippling fire into the ranks of the hostile force until a mortar burst severely wounded him and rendered the gun mount inoperable. Quickly removing the hot, heavy weapon, he cradled it in his arms and, moving forward with grim determination, raked the attacking forces with a hail of fire. Although wounded a second time he pursued his relentless course until his ammunition was expended within 10 feet of the foe and then, using the machine gun as a club, he courageously closed with the enemy in hand-to-hand combat until mortally wounded. Pfc. Pomeroy's consummate valor, inspirational actions and supreme sacrifice enabled the platoon to contain the attack and maintain the integrity of the perimeter, reflecting lasting glory upon himself and upholding the noble traditions of the military service.
    1954 - Hurricane Hazel made landfall near Cape Fear, NC with winds near 150 mph, a category 4 storm. Tides reached 18 feet above normal with extreme destruction along the North Carolina coast. At Long Beach, 300 homes vanished, no debris remained. Every fishing pier from Myrtle Beach, SC to Cedar Island, NC, a total of 170 miles, was destroyed. As the storm came inland it quickly transformed into a powerful extra tropical storm and raced north northwestward though the mid-Atlantic states. Washington, D.C. had a record sustained wind of 78 mph with gusts to 98 mph. Hazel killed 98 and caused $251 million in damages
    1955 - “Fury” premiers on TV.  This popular series starred Bobby Diamond as Joey Newton, an orphan living on the streets. He is relocated to a ranch owned by recent widower Jim Newton (Peter Graves), who eventually adopts Joey. Joey's friend is a black horse given to him by Newton, called Fury. Also featured were William Fawcett, Roger Mobley and Jimmy Baird. In syndication, the series was retiled “Brave Stal­lion.”
    1955 - Top Hits
“Love is a Many”-Splendored Thing - The Four Aces
“Autumn Leaves” - Roger Williams
“Black Denim Trousers” - The Cheers
“The Cattle Call” - Eddy Arnold
    1956 – Fortran, the first modern computer language, was shared with the coding community for the first time.
    1957 – The New York Giants, on the way to San Francisco, traded their minor league franchise in Minneapolis to the Boston Red Sox, for the Red Sox’ San Francisco Seals franchise.  The players of the teams were not involved.
    1959 - Van Johnson was originally slated to play Eliot Ness, but he backed out in a dispute over money the weekend before filming was to begin. Robert Stack was hastily recruited for the starring role in "The Untouchables" on a Sunday morning. He was fitted for costumes in the afternoon, and started filming the first episode, "The Empty Chair," on Monday morning. "The Untouchables," with the chatter of machine-gun fire and the squeal of tires on the streets of Chicago, began a four-year run this day on ABC-TV. With Stack as G-man Ness were Nick Georgiade (as Enrico Rossi), Jerry Paris (as Martin Flaherty), Abel Fernandez (as William Youngfellow), Anthony George (as Cam Allison), Paul Picerni (as Lee Hobson), Steve London (as Agent Rossman) and Bruce Gordon (as Frank Nitti). The unforgettable narrator was radio's famous Walter Winchell.
http://www.tvparty.com/untouch.html
http://www.tvtome.com/tvtome/servlet/ShowMainServlet/showid-674/
    1963 - Top Hits
“Sugar Shack” - Jimmy Gilmer and The Fireballs
“Be My Baby” - The Ronettes
“Cry Baby” - Garnet Mimms and The Enchanters
“Talk Back Trembling Lips” - Ernest Ashworth
    1963 - The Rip Chords record "Hey Little Cobra," which features Doris Day's son Terry Melcher on lead vocal, with the high harmony added by future Beach Boys member, Bruce Johnston, who played piano in my dance band in high school. The record will enter the Hot 100 next January and reach #4.
    1964 - For St. Louis, it was the first time a Cardinal team had appeared in the World Series since 1946 (see above), and the first of three Series appearances in the 1960s. For the Yankees, it was their last Series appearance for 12 years, and the last hurrah in a long string of Fall Classics for legendary players Whitey Ford and Mickey Mantle. The Cards won the Series in seven games, with Bob Gibson's complete game, nine strike-out performance in game seven. Lou Brock's fifth-inning home run triggered a second 3-run inning and a 6-0 lead for Gibson. Mickey Mantle, Clete Boyer, and Phil Linz homered for New York, but it wasn't enough. The Cards won the game, 7-5, and the series, four games to three.
    1965 – Pitching on two days rest and with an arthritic elbow, the Dodgers’ Sandy Koufax three-hit the Minnesota Twins in Game 7, 2-0, to win the 1965 World Series.  Koufax had trouble throwing his curveball for strikes but escaped a couple of early jams. Fighting the pain from the torque on his arm from throwing the curve, he gave up on it and pitched the late innings almost exclusively with fastballs. In the fourth inning, Dodger left fielder Lou Johnson told Koufax that he would get him the only run he would need. Johnson promptly stepped to the plate and hit one off the left-field foul pole to give the Dodgers a 1–0 lead. Ron Fairly followed with a double and scored on a Wes Parker single. The two runs came on three consecutive pitches off Twins lefty Jim Kaat who was also on two days’ rest.  Many consider this feat among the two or three greatest pitched games in World Series history.  Koufax contemplated retiring, which he did after the 1966 season, at age 31.
    1965 - The Catholic Worker Movement staged an anti-war rally in Manhattan including a public burning of a draft card; the first such act to result in arrest under a new amendment to the Selective Service Act.
    1966 - A bill creating the Department of Transportation, the 12th Cabinet department, was signed by President Lyndon B. Johnson.
    1966 - Bill Russell made his debut as the first black coach in the NBA as his Boston Celtics defeated the San Francisco Warriors, 121-113, at Boston Garden. Russell served as the Celtics' player-coach for three seasons and won two NBA titles.
    1966 - Although they would continue to crank out the hits into the 1980s, The Four Tops enjoyed their last US number 1 song with "Reach Out I'll Be There". 
    1966 - Grace Slick quits the local San Francisco band The Great Society to join Jefferson Airplane. She replaces Signe Toly Anderson, who left the band to have a baby.
    1966 – The Black Panther Party was created by Bobby Seale and Huey Newton.  The core practice was its armed citizens' patrols to monitor the behavior of police officers and challenge police brutality in Oakland, CA. In 1969, community social programs became a core activity of party members. The Black Panther Party instituted a variety of community social programs, most extensively the Free Breakfast for Children Programs, and community health clinics
    1967 - ANDERSON, WEBSTER, MEDAL OF HONOR
Rank and organization: Sergeant First Class, U.S. Army, Battery A, 2d Battalion, 320th Field Artillery, 101st Airborne Infantry Division (Airmobile). Place and date: Tam Ky, Republic of Vietnam, 15 October 1967. Entered service at: Winnsboro, S.C. Born: 15 July 1933, Winnsboro, S.C. Citation: Sfc. Anderson (then S/Sgt.), distinguished himself by conspicuous gallantry and intrepidity in action while serving as chief of section in Battery A, against a hostile force. During the early morning hours Battery A's defensive position was attacked by a determined North Vietnamese Army infantry unit supported by heavy mortar, recoilless rifle, rocket propelled grenade and automatic weapon fire. The initial enemy onslaught breached the battery defensive perimeter. Sfc. Anderson, with complete disregard for his personal safety, mounted the exposed parapet of his howitzer position and became the mainstay of the defense of the battery position. Sfc. Anderson directed devastating direct howitzer fire on the assaulting enemy while providing rifle and grenade defensive fire against enemy soldiers attempting to overrun his gun section position. While protecting his crew and directing their fire against the enemy from his exposed position, 2 enemy grenades exploded at his feet knocking him down and severely wounding him in the legs. Despite the excruciating pain and though not able to stand, Sfc. Anderson valorously propped himself on the parapet and continued to direct howitzer fire upon the closing enemy and to encourage his men to fight on. Seeing an enemy grenade land within the gun pit near a wounded member of his gun crew, Sfc. Anderson heedless of his own safety, seized the grenade and attempted to throw it over the parapet to save his men. As the grenade was thrown from the position it exploded and Sfc. Anderson was again grievously wounded. Although only partially conscious and severely wounded, Sfc. Anderson refused medical evacuation and continued to encourage his men in the defense of the position. Sfc. Anderson by his inspirational leadership, professionalism, devotion to duty and complete disregard for his welfare was able to maintain the defense of his section position and to defeat a determined attack. Sfc. Anderson's gallantry and extraordinary heroism at the risk of his life above and beyond the call of duty are in the highest traditions of the military service and reflect great credit upon himself, his unit, and the U.S. Army.
    1968 - Wyomia Tyus becomes the first person to win a gold medal in the 100-meter race in two consecutive Olympiads.
    1971 - Rick Nelson was booed off the stage when he didn't stick to all oldies at the seventh Annual Rock 'n' Roll Revival show at Madison Square Garden, New York. He tried to slip in some of his new material and the crowd did not approve. The negative reaction to his performance inspired Nelson to write his last top-40 hit, "Garden Party", which hit the top-ten about a year after the Madison Square Garden debacle. "Garden Party", ironically, was Nelson's biggest hit in years, “...If you gotta play at garden parties, I wish you a lotta luck; But if memories were all I sang, I rather drive a truck.”  In reality, he thought he was being booed for not playing his old hits and came away with the inspiration to write the song, which would climb to number six in 1972. It was later revealed that the crowd was booing some trouble makers who had started a fight and were being escorted out of the building. 
    1971 - Top Hits
“Maggie Mae/Reason to Believe” - Rod Stewart
“Superstar” - Carpenters
“Yo-Yo” - The Osmonds
“How Can I Unlove You” - Lynn Anderson
    1972 - Jackie Robinson threw out the ceremonial first pitch at the second game of the World Series, commemorating the twenty-fifth anniversary of his becoming the first African-American to play in modern Major League Baseball. Blacks played with white baseball players after the Civil War, during reconstruction.  This was Robinson’s final public appearance as he died nine days later. In a brief speech, he expressed his desire to see a black manager of a Major League Baseball team, a color barrier that had not yet been broken.
http://memory.loc.gov/ammem/today/oct15.html
    1973 - “Sweet Dreams.” Tom Snyder would use this phrase to close his late-night show, "Tomorrow", which debuted on NBC-TV this night. Tom would yuk it up with some of TV's most interesting chatter -- right after the "Tonight" show. NBC would later add critic Rona Barrett to the show. "Tomorrow" ran until January of 1982.
    1974 - Watergate trial begins. The eyes of the world were focused on the United States as the trial of H.R. Haldeman, John Erlichman, John Mitchell, Robert Mardian, and Kenneth Parkinson began. President Nixon had resigned in August and the Watergate co-conspirators had to answer to the court for their alleged involvement in the break-in and cover-up. The trial lasted until January 1, 1975. The defendants were sentenced in February, 1975.
    1974 – The Massachusetts National Guard was deployed by Governor Frank Sargent to Boston to restore order in the Boston school busing conflict.  On June 21, 1974, Judge W. Arthur Garrity issued a decision in that found that the Boston School Committee had followed an intentional policy of segregating the city's public schools by race, including building new schools and school annexes in overcrowded white-majority districts, instead of making use of empty seats and classrooms in districts with large minority populations. As a remedy, Garrity ordered the city's schools desegregated, leading to a system of desegregation busing.  In an earlier lawsuit, the Boston School Committee had sued the Massachusetts Board of Education for the Board's withholding of state funds for the Committee's refusal to conform to the requirements of the Massachusetts Racial Imbalance Act.  Ultimately, among the Boston districts most affected were West Roxbury, Roslindale, Hyde Park, the North End, Charlestown, South Boston, and Dorchester.  The desegregation plan and particularly busing, was met with an onslaught of protest. The integration plan provoked fierce criticism and led to months of racially motivated violence, with attacks at City Hall and South Boston and other city high schools, with dozens injured. In some white neighborhoods, protesters threw stones at arriving school buses arriving with black children from other parts of the city. White directed that police escort buses, and also coordinated with state officials to bring in several hundred state police to keep order.  
    1975 – In one of the most exciting World Series in history, the Red Sox’ Luis Tiant threw 163 pitches in winning his second game of the Series against Cincinnati, 5-4, to even the Series after four games.  The Reds would go on to win in seven games and among the greatest World Series games ever was game 6, won by Carlton Fisk’s game-winning HR in the 12th
    1976 - Ike and Tina Turner split as a musical act.   
    1977 - Debbie Boone's first single, "You Light Up My Life" reaches #1 on the Billboard Pop chart, where it will stay for 10 weeks. It would go on to win a Grammy Award for Best Song and 21-year-old Debbie is named Best New Artist. The record only made it to #48 in the UK. In the 1980s she focused on Country music, resulting in the #1 hit, "Are You on the Road to Lovin' Me Again". She later recorded Christian music, which garnered her four Top 10 Contemporary Christian albums as well as two more Grammys.
    1979 - Top Hits
“Don't Stop 'Til You Get Enough” - Michael Jackson
“Rise” - Herb Alpert
“Sail On” - Commodores
“Last Cheater's Waltz” - T.G. Sheppard
    1982 - Lionel Richie of the Commodores fuels rumors that he'll be leaving the group as his solo song, "Truly" is on the R&B chart at #28. The song does rise to the Top Ten on both the R&B singles and pop singles charts.
    1982 - Marvin Gaye's "Sexual Healing" enters the Billboard R&B singles chart on its way to number one. The song would also make the Top 10 in the UK and the Hot 100 and later win a Grammy as Best R&B Male Vocal Performance of the Year.
    1983 - Genesis' self-titled LP became their third consecutive number one album in the UK. It included the single "Mama", the band's biggest commercial UK success, which reached #4, but was less popular in the US where it climbed to #73.
    1986 - Trailing 3-0, Ray Knight of the New York Mets keyed a three-run rally in the ninth inning to tie the score in the sixth game of the National League Championship Series against the Houston Astros. The Mets won the game, 7-6, in 16 innings, to win what was then the longest postseason game ever, and the series as well, (4 hours and 42 minutes) in the sixteen innings at the Astrodome.
    1986 - After being down three games to one in the ALCS, the Red Sox pull off one the greatest comebacks in playoff history by defeating the California Angels 8-1 to win the American League pennant.
    1986 - Grateful Dead leader Jerry Garcia opens a sold-out two-week run of solo shows on Broadway.
    1987 - Top Hits
“Here I Go Again” - Whitesnake
“Lost in Emotion” - Lisa Lisa and Cult Jam
“Carrie” - Europe
“The Way We Make a Broken Heart” - Rosanne Cash
    1987 - The National Football League Players Association ordered its members to return to work without a contract, effectively ending a 24-day strike against the NFL. The players reported after the owners' deadline and were told they would not play or be paid for the upcoming Sunday's game.
    1987 - Unseasonably cold weather continued in the eastern U.S., with thirteen cities reporting record low temperatures for the date. The low of 34 degrees at Montgomery, AL was their coldest reading of record for so early in the season. Lows of 32 degrees at Harrisburg, PA and 34 degrees at Parkersburg, WV marked their third straight morning of record cold.
    1988 - "Red Red Wine," by UB40, was the first reggae hit to make it to number one in the U.S. From the album "Labour of Love," "Red Red Wine" was #1 for only one week, but turned out to be UB40's signature song.
    1988 - Kirk Gibson hit a two-run, pinch-hit home run off A’s closer Dennis Eckersley with two out in the bottom of the ninth inning to give the Los Angeles Dodgers a 5-4 win over the Oakland A's in the first game of the World Series. Gibson, hampered by a strained left knee, hobbled around the bases pumping his arm in jubilation. The Dodgers won the Series, four games to one.
    1989 - Wayne Gretsky passes Gordie Howes as NHL's all-time top scorer.
    1989 - Hurricane Jerry made landfall on the upper Texas coast, the latest ever for a storm in this region. The center of this very small storm passed closest to Galveston, TX which reported sustained winds of 75 mph with gusts to 100 mph. Tides along the island were six to eight feet, and rainfall totals ranged up to slightly more than six inches north of Beaumont. Three persons were killed when their vehicle was blown off the Galveston seawall into the pounding surf. Total damage along the Upper Texas Coast was estimated at fifteen million dollars.
    1991 - After three days of Senate Judiciary Committee hearings on charges of sexual harassment made against Judge Clarence Thomas by a former aide, Anita F. Hill, the Senate confirmed Thomas as the 106th US Supreme Court Justice with a 52-48 vote. The vote was the closest for a 20th-century justice and made Thomas, who would replace retired Justice Thurgood Marshall, the second African American to sit on the Supreme Court.
    1993 - Top Hits
“Dreamlover” - Mariah Carey
“Right Here (Human Nature)/Downtown” - SWV
“The River Of Dreams” - Billy Joel
“Whoomp! (There It Is)” - Tag Team
    1998 - Top Hits
“One Week” - Barenaked Ladies
“The First Night” - Monica
“I Don’t Want To Miss A Thing” - Aerosmith
“How Deep Is Your Love” - Dru Hill Featuring Redman
    2001 – NASA’s Galileo spacecraft  passed within 112 miles of Jupiter’s moon Io.
    2003 – The Staten Island ferry boat “Andrew J. Barberi” ran into a pier at the St. George terminal in Staten Island, killing 11 people and injuring 43. On March 8, 2005, the NTSB published a report on the incident that determined the probable cause of the collision was the assistant pilot's unexplained sudden incapacitation, with a contributory cause of the Master's failure to maintain command and control of his vessel.  “60 Minutes” uncovered that the assistant pilot was short on sleep when he crashed the boat.  The assistant pilot tried to commit suicide after the crash and admitted he had passed out on painkillers in the boat's pilothouse. He later pleaded guilty to 11 counts of seaman’s manslaughter. The ferry director also pleaded guilty after failing to enforce a rule requiring that ferries be operated by two pilots.
    2008 – The Dow-Jones Industrial average closed down 733.08 points, or 7.87%, the second worst day in Dow history based on a percentage drop.  The rout was on that would result in the Great Recession that in many ways was worse than the great depression of the 1930s.
   

World Series Champions
    1917 - Chicago White Sox
    1923 - New York Yankees
    1925 - Pittsburgh Pirates
    1946 - St. Louis Cardinals
    1964 - St. Louis Cardinals
    1965 – Los Angeles Dodgers
    1970 - Baltimore Orioles


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