|
Funding/Lease Processor
Los Angeles, California
Organized, detail person, 1 yr min. Brokering/discounting exp. Unlimited career growth.Contact: jdobens@taycor.com
Taycor has been in business for over 10 years with access to every major funding source. |
|
Monday, October 15, 2007
Headlines---
Classified Ads --- Sales
Top Stories --- October 8-12
Leasing 102 by Mr. Terry Winders, CLP
Lease Term and Rate Charts
Financial and Sales Training List
Classified Ads --- Help Wanted
Cartoon--- Meet the Press
Cisco leases three buildings in Milpitas
Bill Parker Named as U.S. Bancorp's New Chief C.O.
JPMorgan Cuts Jobs at Investment Bank
British Airlines signs aircraft lease deal
News Briefs---
California Nuts Brief---
Sports Briefs---
This Day in American History
Baseball Poem
SuDoku
Daily Puzzle
######## surrounding the article denotes it is a “press release”
------------------------------------------------------------------
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Sales
Copenhagen, Denmark
10 years of experience as VP Europe, Middle East and Africa for a US based Equipment Leasing Company. $500,000 plus w/ excellent connections European shipping lines/ maritime financing.
Click here.
Fresno, CA
Aggressive, competitive self-starter w/successful vendor/direct equipment leasing and asset-based lending experience seeks return to leasing industry after successful stint in business banking sales.
Email: dsp559@hotmail.com
Resume
Montgomery, AL
Individual with 10 years advertising sales exp. & 7 years insurance sales exp. Wants independent contractor situation in Alabama.
Work with leasing company or broker.334-590-5133
E-mail: billmcneal2003@yahoo.com
Oklahoma
Over 30 years of financing experience, resume posted at
www.geocities.com/bobbybenmoore,
phone 580-351-2531
Philadelphia, PA
25 years in Healthcare and seeking an opportunity to represent a lender for dental/medical funding in the Northeast to Mid-Atlantic states.
email: mitutz@msn.com
San Diego , CA
Tenacious, competitive self-starter w/successful vendor/direct equipment leasing and asset-based lending experience seeks return to leasing industry after successful stint in secondary mortgage markets sales.
E-mail: pajohnson1@cox.net
Stuart, FL area
Years of experience in leasing sales, credit, operations, documentation and syndication. Seeking position with direct middle market lender, equip. mfr or major equip. distributor.
email: southernleasing@bellsouth.net
To place a free “job wanted” ad here, please go to:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm
For a full listing of all “job wanted” ads, please go to:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
[headlines]
--------------------------------------------------------------
Top Stories --- October 8-12
Here are the top ten stories most “opened” by readers last week:
(1) Equipment Leasing - 5 Reasons Why Business Owners Prefer Equipment Leasing
http://www.leasingnews.org/archives/October%202007/10-10-07.htm#equip
(2) Marlin Business Services Corp. Hires Chief Sales Officer
http://www.leasingnews.org/archives/October%202007/10-10-07.htm#marlin
(3) US Express Leasing Acquires MBO Finance
http://www.leasingnews.org/archives/October%202007/10-10-07.htm#usxl
(4) UAEL Spring conference report from Brian Montgomery
http://www.leasingnews.org/archives/October%202007/10-10-07.htm#uael
(5) Back to Basics: Credit and Risk Management http://www.leasingnews.org/archives/October%202007/10-12-07.htm#basic
(6) J.D. Power and Associates Ranks SunTrust Highest in Overall Customer Satisfaction http://www.leasingnews.org/archives/October%202007/10-12-07.htm#sunt
(7) Sales Make it Happen by Linda P. Kester
Finding Your Niche
http://www.leasingnews.org/archives/October%202007/10-10-07.htm#sales
(8) Sterling National Bank Names Senior Vice President of Asset-Based Lending &
Senior Vice President of Marketing
http://www.leasingnews.org/archives/October%202007/10-10-07.htm#snb
(9) Willis Lease Financial CEO Sells Shares
http://www.leasingnews.org/archives/October%202007/10-10-07.htm#wlf
(10) Welcome New Readers
http://www.leasingnews.org/archives/October%202007/10-12-07.htm#wnr [headlines]
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Leasing 102
by Mr. Terry Winders, CLP
Lease Term and Rate Charts
One common opportunity lessor’s overlook is providing rate charts that offer more than the standard 36, 48, or 60 month terms. You should offer a rate chart that provides flexible terms so that whatever timeframe the lessee’s budget or operation requires you can accommodate it.
Let’s say the lessee is looking at some equipment and has interest in a bargain option lease in order to preserve their right, for federal income tax, to take a section 179 expense, instead of depreciating the asset. How would you promote the difference between your lease and a loan offered by a lender?
Usually you would tout the advantages of:
- 100% financing.
- The ability to pay the sales tax over the stream.
- Possibly a small residual to lower the payments (with a “put” to insure the payment, which in turn allows you to sell off the stream and obtain the selling price and a fee.)
- No additional collateral and no down payment, which allows the lessee to retain cash/capital for other requirements.
- Quick turn around on credit and no hassles.
- Perhaps you would show them a lease vs. buy analysis to prove the lease has a lower resent value.
However, the first question the lessee is going to ask is “what is your rate?” Do you think that you have provided sufficient value to the lessee to entice him to lease rather than buy? Perhaps yes and perhaps no!
One additional value leasing can provide is a flexible lease term. Terms that meet the lessee’s needs instead of the traditional 36 to 60 months offered on loans.
You may want to begin with a rent holiday for a few months. It can be attractive for a number of reasons: maybe the equipment won’t begin generating goods or revenue right away; or maybe the lessee’s fiscal year end is near and beginning the lease in the first month of their next year is advantageous. Rent holidays can be very valuable in many cases, but should not exceed 90 days.
A second approach is to ask what the lessee’s budget calls for and create a term to arrange lease payments exactly at the budgetary number. If it takes 43.56 months, at your current rate, to meet the requested payment then make it 44 months and make a little extra income, but give the lessee exactly what they have asked for and you will take away attention on your rate.
Additionally, many accountants prefer that the lease conclude at the end of a fiscal year, so arrange the term by selecting the number of months to coincide with their year end. Alternatively, it may be more convenient for the term to end during a month in which business is least hectic and equipment changes and upgrades would be least disruptive to their business. You could also just ask them which month during the year they would like lease termination to occur. Once you have determined the value of the term to the customer, you can accomplish any of the above approaches quickly and easily.
Create a lease rate chart for yourself that you can reference for the customer or vendor. Based on the rate you are looking for; populate the factors for each month from your shortest term to the longest, say 33 months to 63 months. If you have identified the number of months the customer prefers, it is easy to determine the payment by applying that term factor to the equipment cost. Plus you always round up to the nearest $5 after using the factor. This extra income will not lose you the deal but it will increase your income on a portfolio basis more than you think.
Lease term flexibility allows you to offer terms not usually found in loans and provides an avenue away from rate discussions. Now you are looking like a lease salesperson instead of just another lender.
Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at leaseconsulting@msn.com or 502-327-8666.
He invites your questions and queries.
Previous #102 Columns:
http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm
[headlines]
--------------------------------------------------------------
Financial and Sales Training List
(For our "Lease School/Franchisors" list, please click here)
These individuals act as a consultant in 75% or more of their main business, actually training staff or individuals of a leasing company. These are not schools or franchisors, which can be viewed
by clicking here.
Several hold classes, and most will travel to their client's premise.
To qualify for this page, they must be an active member in an equipment leasing association.
Please fax our request form back to 408.343.3843 or you
may e-mail to: kitmenkin@leasingnews.org.
Second Column: YCS - Year Company Started | YELB - Years in equipment Leasing Business
Name
City, State
Contact
Website
Leasing Association |
YCS
YELB
(see above for meaning) |
Geographic Area |
Specialty |
|
1990
35 |
International |
“We specialize in the marketing and sales areas of leasing although we also offer training across the full spectrum of leasing skills. Clients have included lessors, lease brokers, funders and associations.”
|
|
1996
18 |
United States |
Motivating, Educating and empowering leasing sales reps to top performance. Practical ideas for success using the telephone and internet. |
Teichman Financial Training
Sausalito, California
Bob Teichman, CLP
BoTei@aol.com
415.331.6445
NAELB, UAEL |
1998
43 |
International |
"We specialize in the technical side of leasing, offering comprehensive training in packaging, credit, pricing, structuring, financial analysis and operations. Our clients include lessors, lessees, lenders, associations, and government agencies."
|
Winders Consulting Co., Inc.
Louisville, KY
Terry Winders, CLP
Leaseconsulting@msn.com
502.327.8666
EAEL, ELFA, NAELB & UAEL |
1991
35 |
USA |
Lease seminars and training on rules & regulations pricing, documentation, sales. Also procedure audits, and help to establish a leasing activity or company for brokers, bankers, and captives.. Expert witness on legal & tax.
|
|
[headlines]
--------------------------------------------------------------
Leasing Industry Help Wanted
Funding/Lease Processor
|
Funding/Lease Processor
Los Angeles, California
Organized, detail person, 1 yr min. Brokering/discounting exp. Unlimited career growth.Contact: jdobens@taycor.com
Taycor has been in business for over 10 years with access to every major funding source. |
|
[headlines]
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[headlines]
--------------------------------------------------------------
Cisco leases three buildings in Milpitas
Cisco Systems Inc. has signed a 472,000 square-foot, 12-year lease for three Milpitas office buildings owned by The Blackstone Group of New York City.
It is the second large lease deal the IT hardware maker has signed this year in the same vicinity. The company agreed to lease 400,000 square feet from local developer Peery/Arrillaga for an undisclosed term this spring. Blackstone also signed a 120,000 square foot lease with Cisco several months ago for a third property in North San Jose.
Even before those three leases, Cisco occupied millions of square feet in the Milpitas-North San Jose area, including its headquarters campus. The company is the second-largest private employer in Silicon Valley behind Stanford University, Hospital & Clinics, and Linear Accelerator, according to the Business Journal's 2007 Book of Lists. The company had 16,500 full-time equivalent positions in Silicon Valley at the end of the first quarter and nearly 40,000 worldwide. It was established in Silicon Valley in 1984.
The Blackstone deal, presumably negotiated by the company's extensive and well-known Silicon Valley staff, calls for Cisco to pay $2 a square foot to lease the office buildings, excluding the cost of tenant improvements. Two of the buildings are in so-called "cold shell" condition, meaning they will require substantial investment to make them suitable for occupancy. The third building is move-in ready but Cisco plans some renovations, a source with first-hand knowledge of the deal says. The agreement also provides for annual rent increases.
Local executives at Blackstone's Equity Office Properties declined comment for this story.
The newest Cisco lease involves buildings acquired by the former CarrAmerica Realty Trust from Symantec Corp. roughly a year ago. Carr was widely understood to have paid well less than $100 million for the buildings and another 35 acres of raw but entitled land. Together the holdings constituted the former Veritas Software Corp. headquarters, which Symantec acquired when it bought Veritas.
Carr, whose corporate name has now vanished, closed the Veritas purchase just days after it was formally acquired by Blackstone.
Jones Lang LaSalle's Scott Mathisen, managing director in charge of leasing, and Erich Sengelmann, an international director, both in JLL's Silicon Valley office, negotiated the deal on behalf of Cisco. Neither commented for this story. Blackstone represented itself.
Cisco reported 2007 net income of $7.3 billion on sales of $34.9 billion. The company's sales were up 22.6 percent for the fiscal year, which closed in July. Its net income was up nearly 32 percent, according to Hoovers Online.
[headlines]
### Press Release ###########################
Bill Parker Named as U.S. Bancorp's New Chief Credit Officer
MINNEAPOLIS-- (Bill) Parker was named today as the new chief credit officer of U.S. Bancorp (NYSE:USB). Parker will assume his new position immediately. This announcement was made by Richard K. Davis, president and chief executive officer of U. S. Bancorp.
Parker, 50, was selected for the position as chief credit officer following U.S. Bancorp's national search and evaluation of both external and internal candidates. He has been with U.S. Bancorp since 1984, and most recently served as executive vice president and chief portfolio risk management officer.
"I am looking forward to working with Bill as we continue to implement the prudent credit culture which has proved to be a strong foundation for our organization. Bill has been very instrumental in helping develop our credit culture and will be even more important to its success in the future," noted Davis.
Parker has a bachelor's degree from Amherst College in Amherst, Mass. and a master's from The Amos Tuck School of Business Administration at Dartmouth College in Hanover, N.H. He and his wife Anne have three children and reside in St. Paul, Minn.
U.S. Bancorp, with $223 billion in assets, is the parent company of U.S. Bank, the 6th largest commercial bank in the United States. The company operates 2,499 banking offices and 4,867 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web
at www.usbank.com.
[headlines]
### Press Release ###########################
JPMorgan Cuts Jobs at Investment Bank
By JOE BEL BRUNO
NEW YORK (AP) — JPMorgan Chase & Co., the nation's third-largest bank, said Thursday it is cutting positions at its investment banking division after suffering Wall Street's biggest slump in the leveraged loan market.
The bank plans to cut positions from its structured credit and leveraged finance businesses. Both have been hurt as investors balked during the summer at buying debt securities, which private-equity firms used heavily during the past year to fund major acquisitions.
"We are making modest staff reductions in areas where we expect lower volumes going forward," said JPMorgan spokesman Brian Marchiony, who did not know how many people were in the two affected businesses.
The cuts are expected to total less than 10 percent of the two businesses, according a person familiar with the situation who was not authorized to be quoted by name. The positions cut will not include senior executives.
JPMorgan is trying to find jobs elsewhere in the bank for those employees being cut, the person said.
The investment banking division has about 25,400 employees globally, according to a recent filing with the Securities and Exchange Commission.
JPMorgan isn't the only investment bank that has been forced to cut jobs due to the summer's tightening credit markets. Cut have also been made at Lehman Brothers Holdings Inc. and Bear Stearns Cos.
Banks will report third-quarter results next week, and analysts widely expect that JPMorgan will take about $2 billion in leveraged loan write-downs before factoring in hedges. Merrill Lynch & Co. last week said it would write down $5.5 billion in assets for the quarter.
JPMorgan shares fell 25 cents to $46.66 Thursday.
[headlines]
### Press Release ###########################
British Airlines signs aircraft lease deal
British Airways has turned to China to find debt financing for its purchase of 36 new planes, in a ground-breaking deal that marks the first move by Chinese institutions into the multi-billion pound aircraft leasing industry.
The Industrial and Commercial Bank of China (ICBC) is understood to have been one of the lead debt providers on the BA aircraft deal. The bank received approval from the Chinese regulators to set up an international leasing operation one week before BA placed its order for 12 Airbus A380s and
24 Boeing 787s.
One aviation industry source said: "These are the first aircraft that have been bought where Chinese banks have taken a front-line position in the debt structure, outside their domestic market."
Chinese banks, which are awash with cash from the country's huge trade surplus, have extensive experience in financing the country's domestic fleet of airlines. Although Chinese airlines are collectively due to take delivery of one aircraft every three days over the next five years, the Chinese banks are known to be keen to get involved in international leasing deals.
A statement from ICBC said: "This new ICBC subsidiary has a global mindset within its fold – international, market-driven and professional and would operate a leasing business for ships, aircraft and other equipment. It offers a full range of innovative financial services, embracing leasing, rental transfer and securitisation."
With western banks still labouring under the weight of the credit crunch that has frozen many financial markets, a number of industries, including property as well as aviation, are known to be looking east to source debt.
Although there are substantial regulatory problems to overcome, particularly for property investors, Chinese banks are known to be keen to find new markets to invest in. Aircraft leasing, where demand for debt far exceeds supply, is a logical first step.
In the financial world aircraft are viewed as flying real estate, high value, good long-term investments and with the additional benefit of being easily transportable if something goes wrong.
The source said: "Chinese banks are recipients of massive amounts of cash. The country has a huge trade surplus. The country and its banks need to find something to do with it.
"If you lend it domestically you risk kicking off an inflationary spiral. Planes are high-value assets that not only maintain value but can appreciate and if something goes wrong they are easily tradable."
[headlines]
### Press Release ###########################
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News Briefs---- Credit crisis brings changes to US banks
http://www.taipeitimes.com/News/worldbiz/archives/2007/10/13/2003382979
Are U.S. banks headed for recovery or more trouble? Earnings should bring clues
http://canadianpress.google.com/article/ALeqM5gfinhD2dvGWJj1gL7aydyFrPrbEg
JPMorgan Cuts Jobs at Investment Bank
http://ap.google.com/article/ALeqM5hLUKhyZZk3C72WdWWX2CHvpDTzZwD8S7A4V00
[headlines]
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Sports Briefs---- New England 48, Dallas 27
http://sports.yahoo.com/nfl/recap?gid=20071014006
Alec Kessler, former Miami Heat player, dies at 40
http://sports.yahoo.com/ncaab/news?slug=ap-obit-kessler&prov=ap&type=lgns
Report: Steinbrenner giving up control of Yankees
http://sports.yahoo.com/mlb/news?slug=txyankeessteinbrenner&prov=st&type=lgns
[headlines]
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California Nuts Briefs--- California Gov. vetoes dietary postings, 'green' building rules
http://www.sacbee.com/749/story/432390.html
Governor is clearing his desk of bills
http://www.sacbee.com/111/story/431565.html
California Strikes Balance on Immigration
http://www.nytimes.com/2007/10/14/us/14calif.html?_r=1&th&emc=th&oref=slogin
[headlines]
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This Day in American History 1565- Florida: 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, FL. 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 sing read: “I do this not to Spaniards...but as to traitors, robbers, and murderers.”
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, 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. Died at Abindon, MA, Fe 2, 1918.
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 will now reside in an exhibit at the Charleston History Museum.
1878- Edison starts the General Electric Company: this day he 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 : the General Electric Company.
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.
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, American social activist and author was born at Chicago, IL. She was founder in 1944 of the National Committee for Education on Alcoholism and author of A New Primer on Alcoholism. She died at Bridgeport, CT, July 22, 1980.
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.
1915- Birthday of pianist Nellie Lutcher, Lake Charles, LA.
1916- Birthday of trumpet player Al Killian.
( most notably for playing with Basie '40-'44, Ellington '47-'50)
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 born, best known for his “Godfather” trilogy, made more famous by director-producer Francis Ford Coppola
http://www.kirjasto.sci.fi/mpuzo.htm
http://www.mariopuzo.com/biography.shtml
1925- Birthday of guitarist/singer Mickey Baker ( Mickey and Sylvia), Louisville, KY
1937 -- One time New Christy Minstrels member, gravelly voiced singer of "Eve of Destruction," Barry McGuire born in Oklahoma City, OK. 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
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 Ricardos' 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.
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 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
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 Percerni (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
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.
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 tittles.
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.”
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.)
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. Nixon had resigned, 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.
http://www.il.proquest.com/products_umi/descriptions/Watergate-Trial-414.shtml
1977- Debbie Boone's "You Light Up My Life," goes #1 and stays #1 for 10 weeks.
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 RandB chart at #28. The song does rise to the Top Ten on both the RandB singles and pop singles charts.
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 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 with two out n 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 closed 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
World Series Champions This Date
1917 Chicago White Sox
1923 New York Yankees
1925 Pittsburgh Pirates
1946 St. Louis Cardinals
1964 St. Louis Cardinals
1970 Baltimore Orioles
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Baseball Poem
1933, Reagan's voice carried him to Des Moines and WOC's larger sister station, WHO. Broadcasting over a new 50,000-watt clear-channel station that carried throughout the Midwest, Reagan became a well-known sports announcer whose specialty was creating play-by-play accounts of Chicago Cubs baseball games that the station received by wire.
Gene Autry poem by Jack Buck
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This is from a poem written by the famous radio announcer Jack Buck, the voice of the St. Louis Cardinals for over 50 years. This was written for Gene Autry's 83rd Birthday Party in 1990. There are many similarities to Ronald Reagan: The Last Cowboy
As America grew
and headed west,
Gene Autry was thereand he was the best.
He tapped telegraph keys
then starred on the screen,
the greatest Saturday star
young eyes had seen.
He wore a white hat
and the kids always knew
he'd do the right thing
they wanted him to.
He could shoot at a target
and invariably hit it
while jumping a river,
and he sand as he did it.
He crooned "South of the Border"
and sang on Christmas morn,
the most glamorous cowboy
ever born.
His ride through life
is matched by no other,
a business tycoon,
yet everyone's brother.
He has enjoyed life to the fullest
and made our lives richer,
but he'd have traded it all
for a World Series pitcher.
We salute him today
and we'll love him tomorrow,
the last cowboy's life
was ours to borrow.
Little did he know
when he named his horse,
he was describing himself-
Champion, or course! [headlines]
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SuDoku
The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?
http://leasingnews.org/Soduku/soduko-main.htm
[headlines]
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Daily Puzzle How to play:
http://www.setgame.com/set/puzzle_frame.htm
Refresh for current date:
http://www.setgame.com/set/puzzle_frame.htm
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