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http://www.utdallas.edu/police/wavs/nobadges.wav
Headlines---
Classified
Ads---Sales Manager/Senior Management/Former CEO's
Bureau of Labor:
134,000 Lost Jobs in August
October 22,
Two Panels, San Jose, California
Fitch Rates
$790MM CIT Equipment Collateral 2003-EF1
Industry
Veterans Form Pantheon Capital LLC
News
Briefs---
This Border ##### Denotes Press Release (Not Written By Leasing
News)
Classified Ads---Sales
Manager/Senior Management/Former CEO’s
Sales
Manager: Atlanta, GA
30
years in transportation Finance with strong management/ sales background.
Represented company on national & region markets. Started two successful
operations- produce profits and growth. Email:pml@mindspring.com
Sales
Manager: Portland, OR. 18+ yrs w/bank leasing company. Supervised 14-
20 sales people. Willing to relocate for the proper position. Or, seeking
sales position in current location (13+yrs direct sales). email:pthygeson@netscape.net
Sales
Manager: New York, NY
I
have over 25 years owning an independent leasing company that specialized
in truck leasing. Tow trucks, Limos, ambulances, tractors, etc.. Email:rfleisher@rsrcapital.com
Sales Manager: Seattle, WA
Senior
level sales professional w/ (20) plus experience in mid market financing
& leasing. The last (8) plus years being self employed in middle
market brokerage. Email:markhenley@qwest.net
Senior
Management: Baltimore, MD
25
year veteran of commercial and equipment leasing seeking a senior management
position with leasing or asset based financing company in the southeast
(Florida preferred)
email:
kellogg_md@yahoo.com
Senior
Management: Denver, CO. Fortune 500 GM/SVP wants to team up with aggressive
lender looking for Western expansion mid-market equip. finance/ leasing.20+
years experience within Rocky Mountain/Southwest and Ca markets. email:
legal@csotn.com
Senior
Management: Long Island, NY
Degree
Banking/Finance. 13 years leasing exp. Now prez young leasing company
where promises were not met. Interested in joining established firm
with future. Email:bob33483@yahoo.com
Senior
Management: San Francisco, CA., 25 years experience w/global leasing
company, sales,marketing,business dev., P&L responsibility, asset
mgmt, brokering and remarketing. Interested in joining an est. firm
with a future. email:rcsteyer@yahoo.com
Senior
Management: Portfolio Management Consultant; 25+years experience in
Collections, Customer Satisfaction, Asset Management, Recoveries, Continuous
Process Improvement, Backend Revenue Generation, Cost per Collection
Analysis. $5+Billion Portfolio expertise. email: efgefg@rogers.com
full list at: http://64.125.68.90/LeasingNews/JobPostings.htm
----------------------------------------------------------------------------------------------
Bureau of Labor: 134,000
Lost Jobs in August
It
is not a surprise to the leasing industry that more U.S. workers lost
jobs
in
August than any other month in “mass layoffs,”, according to the Bureau
of Labor Statistics,that they interpret as continuing cutting of jobs.
The
Leasing News list has remained steady, even though we get around
ten
new reader requests a day. At
the same time, five or more ask to
be
removed, mostly because they are leaving the industry, they tell
us. Many are going to work at mortgage companies,
community and
small
banks, the real estate business, or completely changing their profession.
The
Leasing News Classified List works, but it gets bigger each day. DVI
itself
laid off over 175 employees, according to their bankruptcy filings,
requesting
a “stay bonus” program for those who stay as they “dissolve” for remaining
175. Where are they to go?
The
latest statistic is from what the Bureau of Labor calls “”mass layoffs,”
where
firing
occur for more than 50 works in a single month by a single employer.
These
come from initial claims for
unemployment benefits filed with state agencies. The numbers include
temporary and permanent firings.
About
134,000 workers lost their jobs in 1,258 mass layoffs nationwide last
month, up from the 128,103 employees who were fired in 1,248 such actions
in August 2002, the bureau said.
Of
course, manufacturing took the
hardest hit of any sector in August, accounting for nearly a third of
all mass layoffs and more than a third of the number of workers who
lost jobs, the report said. Job losses were also reported in transportation
equipment, textile mills, machinery and food manufacturing.
California,
New York, Illinois, North Carolina and Texas had the most mass layoffs,
the report said.
-----------------------------------------------------------------------------------------
October 22---“Two Panels” Regional Meeting,
San Jose, California
Silicon Valley UAEL Regional Meeting, Wednesday, October
22,
3:30pm to 7:30pm at Napredak Hall, 770 Montague Expressway,
San Jose
( 1 1/2 blocks off Highway 880.)
Two Panels
Venture Leasing
4:30pm to 5:30pm
Peter Eaton, Pentech Financial
John Pritchard, Vencore Solutions
Russ Wilder, Atel Leasing
"Decision Not Based on Credit Scoring"
(also known as "Story Credits" or "Cash Flow
Analysis."
6:00pm to 7:00pm
Peter Eaton ( does story credits $250,000 minimum)
Doug Houlihan, Allegiant-Partners ($30,000 +)
Archie Julian, Dumac Leasing (Exchange Bank)
Plus wine with cheese.
* Chateau Woltner 2000 Mt. Howell Chardonnay, Lamborn Family
1998
Zinfindel, Mt. Howell, Thornbird New Zealand Sauvignon Blanc,
along with a light buffet from Kit Menkin’s personal chef: fresh smoked
salmon, Bobby Flay corn salsa, some scallops, Kosher pork tenderloin,
and Southwest specialties with fresh tomatoes from the chef’s garden.
Host: Kit Menkin, American Leasing $15.00 per person ( non-members
encouraged to attend ) www.uael.org
----------------------------------------------------------------------------------------------
####
Press Release #################################################
Fitch Rates $790MM CIT
Equipment Collateral 2003-EF1
Fitch
Ratings-Chicago-: Fitch rates the CITEC 2003-EF1 (2003-EF1) $275,000,000
class A-1 notes 'F1+', the $157,000,000 class A-2 notes 'AAA', the $287,253,376
class A-3 notes 'AAA', the $21,750,000 class B notes 'AA', and the $23,710,929
class C notes 'A'.
The
2003-EF1 transaction represents CIT Group Inc.'s (CIT) second public
securitization of assets originated from its equipment finance (EF)
business unit, and consists of contracts secured by the purchase or
lease of a variety of equipment types, including construction, transportation,
and manufacturing equipment. Rated 'A' by Fitch's Financial Institutions
group, CIT is a leading global diversified finance company offering
vendor, equipment, commercial, factoring, consumer, and structured financing
capabilities. A wholly owned subsidiary of CIT, EF is the originator
and servicer of the contracts within 2003-EF1.
The
class A ratings reflect the credit enhancement provided by the subordination
of the class B notes (2.75%), class C notes (3.00%), class D notes (3.25%),
the initial reserve account (3.00%), and expected excess spread. The
'AA' rating on the class B notes reflects CE provided by the subordination
of the class C notes, the class D notes, the reserve account, and expected
excess spread. The 'A' rating on the class C notes reflects CE provided
by the subordination of the class D notes, the reserve account, and
expected excess spread.
In
deriving credit enhancement levels, Fitch evaluated the performance
of the CIT EF 2001-A transaction, as well as the delinquency and loss
performance of EF's aggregate portfolio - taking into account both static
and annualized portfolio data. Fitch took into consideration the cyclicality
of the construction industry and the impact of an extended economic
downturn on delinquencies, non-accruals, repossessions, and ultimate
realization and timing of recoveries. Finally, Fitch considered the
overall strength of EF and CIT's commitment to its second largest business
unit.
With
an initial contract principal balance (CPB) of $790 million, the 2003-EF1
pool contains 9,883 contracts, with a weighted average seasoning of
approximately 13 months. Major equipment types are construction (46.85%),
transportation (18.45%), and manufacturing (12.54%). Geographic concentrations
of more than 6% as of the initial cutoff date include California (13.35%),
Texas (6.89%), and Florida (6.19%). The obligors are primarily involved
in the construction, manufacturing, and services industries, with the
five largest customers representing 2.40% of the initial CPB.
Interest
and principal will be paid monthly, with the class A-1 notes receiving
all principal payments until paid in full. After the A-1 money market
bond has fully amortized, in general, principal distributions will be
allocated pro-rata to the class A and B notes, based on the amount of
notes outstanding, with the class B notes subject to a floor of 3.25%
of the initial CPB. When the class A and B notes have fully amortized,
principal payments will be made to the class C notes until the class
C notes have been paid in full and, finally, to the class D notes until
the class D notes have been paid in full.
###
Press Release ##################################################
Industry Veterans
Form Pantheon Capital LLC
Michael
J. Crofton, Robert G. Thoma, and George K. Tsahalis, healthcare leasing
veterans with more 35 years combined experience, announce that they
have formed PANTHEON CAPITAL LLC. The three Principals previously held
senior positions at Morcroft Capital Corporation and its successor Fleet
Capital Leasing Healthcare Finance. Pantheon Capital will focus on providing
middle market leasing and financing to healthcare providers and equipment
manufacturers. The company also announces that it has established an
initial $10 million warehousing line of credit with Hudson United Bank.
Personnel
announcements include Judith A. Hartley, CPA, Vice President of Finance,
Cheryl H. Cohen, FHFMA, Vice President of Business Development, Tamra
J. Recktenwald, Senior Contracts Administrator, and Patti Williams,
Contracts Administrator.
Pantheon
Capital’s headquarters and administrative offices are located in Mahwah,
New Jersey.
( courtesy ELAonline.com )
###
press release #################################################
---------------------------------------------------------------------------------------------
NAELB
Conference:
The
conference was great. Our projections
were to have 75 attendees (60
broker
and 15 lenders), and we ended up with 82.
Everybody was upbeat and
positive
and we picked up five new member firms.
I think Atlanta will be
even
bigger.
If
you have any specific questions please feel free to ask away.
FYI: We have picked up 33 new members since early
August to bring our unofficial
total to about 475. We are offering
two "new member" specials through the end of the year.
If you join now for 2004 we give you the balance
of the year free. Secondly,
if you attend one of the regional conferences and join for 2004 at the
conference we give you the balance of the year free AND deduct $50.00
from your dues.
Kit,
thanks for all you do for the industry.
Kindest
personal regards,
Bob
Bell, CLP
President
NAELB
-----
“Big
Deal” S.F. Bash
On
behalf of the Bay Area Lessors and Lenders Society and from my exalted
position as its self-appointed co-chairman, I would like to thank you
for the mention of our "Big Deal" bash next week.
While
you correctly indicated that the event is invitation only, in fact the
BALLS event (to use the acronym which remains unsanctioned by our Board
and has actually drawn a complaint) is open to all Bay Area based equipment
lessors and their lenders, attorneys, accountants and other legitimate
hangers-on with industry ties. Other
leasing groupies, co-eds and goldiggers must (as always) be turned away
at the door, however. ;-)
The
invitation only premise is ONLY necessary for head count reasons and
to try to match refreshments and costs to the size of the crowd and
the benevolence of the underwriters.
However, because we can't know or remember everybody in the community,
people who meet the modest attendance criteria defined above should
certainly be in touch with us and describe their context to our industry,
and their Bay Area office location, and space permitting we will gladly
include all.
If
any readers seek out the invite and plan on coming we will need their
RSVP. Seems fair given the bash is underwritten by
ICON, Vx, Compass, Greene Radovsky, and Comerica.
As
ever, congrats on Leasing News and its terrific readership.
Best,
and see you there.
Paul
Weiss
President
ICON
Capital
BALLS
inquiries and RSVPs to susan at serwin@iconcapital.com
--------------------
Sent
via BlackBerry :-)
http://two.leasingnews.org/temporary/PDF/BallsInvite.pdf
---
From:Bruno
Magli
I
get four Milk-Bones a day.
(
Our only response to date regarding salesmen remuneration )
---
Hi
Kit,
I
sooo miss the old format and news items.
Many
thanks,
Rosette-Andree
Gindi
(
This was a vacation issue. I
was on the Big Island, at Mauna Kea, and will get back to writing maybe
tomorrow. We have not done the salesman pay survey
in
two years, and I thought readers would like to up-date it, so I ran
the
previous
article and asked for up-dates. I told readers in one issue I would
be
gone, and headline the issues: Limited Vacation Issue. May I quote
you
as other readers may have missed it, too.
editor)
-You
are so KIND in thinking I may have missed the discussion of the
"Limited
Vacation Issue"...
-Hope
you had a fabulous vacation and welcome back; I look forward to your
upcoming
leasing news editions and thank
you so much for all that you
contribute
and provide.
-Please
feel free to quote me
Rosette-Andree
Gindi
---
Your
Bulletin Board complaints today were timely as just yesterday I posted
the
same concern on the EAEL Forum. We choose NOT to do business with anyone
has a reputation of taking in fees/deposits (whatever you want to call
them)
not getting the deal done and then keeping the money. If you can't do
the
deal...GIVE THE MONEY BACK. YOU DID NOT EARN IT!.
Its creates a negative impression on the leasing
industry and makes it more difficult for ethical broker/lessors to get
deals done because the lessee distrusts anyone who wants a fee now.
Sincerely,
Deborah
J. Monosson
President
BOSTON
FINANCIAL & EQUITY CORPORATION
20
Overland Street
Boston
MA 02215
617-267-2900
Tel
617-437-7601
---
Hi Kit,
I deleted
leasingnews early this week. Is
there a way to get another copy of this week's news?
Thanks,
Peg
"Maloney,
Peg" MaloneyPeg@dnb.com
(All our news is printed every day on
our website www.leasingnews.org--- plus we have an archive section,
free to all users.
We encourage people to utilize it. If you
can't find something, let me know and I will see if I can help.
also may I quote you as other readers may
also not be aware of our archive section on line. editor)
--
From: Bob New <bob@gcs1.com>
Dear
Kit,
As
an update on your kind effort to help me locate a successor/owner of
my
business
as of this date no conclusion has been reached.
However,
I must tell you that the responses we have received have been most
impressive.
All of those who have contacted me with regard to this offer
have
been of highest caliber. Location and personal circumstances typically
negated
an agreement. I failed to mention that we are located in Glendale,
California
and most of the respondents were from the East cost.
Obviously
your publication is widely read by most everyone of importance in
the
leasing industry.
I
appreciate your kind effort to be helpful to me.
Regards,
Bob
New
(Bob
would like to retire and have someone take over his business. He
does
both vehicle and equipment leasing. editor )
---
Kit
- FYI. You were right when you
said right after the IPO that CIT would be a good stock to hold onto.
Hope
you are having a good vacation.
Bruce
Kropschot
GOLDMAN
SACHS UPS RATING ON CIT GROUP TO "OUTPERFORM"
Goldman
Sachs analyst Michael Hodes raised his investment opinion of CIT Group
to "outperform" from "in-line."
http://www.snl.com/InteractiveX/article.aspx?CDID=A-1483923-10855
(Al
Gamper will be leaving a legacy. Others may have another name,
but
he did save CIT from Tyco, and any bonus he gets, he earned it. editor
)
----
From:
William A. Lee
wlee@keystoneefc.com
Todd
Kaufman got back from the last meeting (Eastern Association of
Equipment
Leasing ) and told me that he ran into a lot of people that hadn't heard
of my father's passing.
I've
found that my Dad touched a lot of peoples' lives
in
a positive way, and most people I run into that knew him are saddened
to hear
the
news.
It
has been 3 months since he passed, and I still miss him terribly
Thanks
V.P.
Operations, Keystone Equipment Finance Corp.</font>
Edgar
W. Lee
June
1, 1940 – June 23, 2003
Edgar
(“Ed”) Lee, co-founder of K. L. C., Inc., Keystone Leasing of West Hartford,
lost his fight with cancer in June this year. Ed had been a long-standing member of the EAEL, and had even co-chaired
the 1994 Annual Conference with his long-time partner and close friend,
Alan Kaufman.
Ed
spent many years building Keystone Leasing, which was subsequently sold
to Unicapital Corporation in 1998.
After striving to help transition the firm to its new owners,
Ed retired from the leasing business in January 2000.
Ed
was truly a renaissance man. His
interests included fine art, wine, books, music, computers, birds, business,
and travel. He also loved educating
himself on new topics and passing that information on.
Many of his staff are now better versed on purchasing wine, classical
music, and art appreciation due to his informal lectures during the
workday.
Ed
passed peacefully on June 23rd in his home, surrounded by
his family and the things he loved.
Besides his business partner, Ed leaves his wife, Laurinda Lee,
his son, William Lee, and his daughter Mary Vincent McNeil.
--
From Kit Menkin:
There were several “hate” e-mail regarding the Patrick Bryne
back at
the helm of Balboa Capital. Unless someone is going to sign an e-mail
with their opinion, it is not even considered. Information, background,
leads, hard news, inside information, that is acceptable.
This was not
an issue for Leasing News printing opinions without a signature.
I saw these e-mails as jealousy, spite, and frustration.
For the record, after
the first complaint, Shawn Giffin gave me his private direct
telephone
number. Any complaint,
he wanted to hear about and get involved
directly, which he did, resolving all of them. Many were communication
problems or individual problems that policy did not solve.
There
were also several that he never heard, such as one claiming
it was a $1.00
purchase option, but the documents sent by the lessee showed
on the commitment
letter, the lease documents itself, and the cover letter
to the lease, it was
10%. The equipment
was printing equipment, worth more, and Balboa could
have charge more, but did not. The lessee wanted it to be a $1.00, but
all the documents showed otherwise, and he told me he never
even met
the salesman involved, as it was all done by private carrier.
As a side-note, anyone doing a volume of business is going
to get complaints.
Certainly, we get them here about what we print at Leasing
News.
Shawn’s requirement was that I was not to discuss that I
spoke with him,
had direct access to him, and that he wanted to follow-up
on all complaints
from us. I got the
impression he did not want to up-set the chain of command,
but wanted to know personally any complaints we received.
That’s the kind
of guy I found him to be---a caring person.
---
If you have a Cost Plus in your area, Clos Du Bois Chardonnay
at $6.99 a bottle.
Wow!!!
I also have a contact to get some La Rusticana Cabernet Sauvignon,
and am negotiating a price for the 30 cases remaining.
The 2002 won
all kinds of awards. The
grapes are from my very good friend Tony
Dorsa who prunes the leaves every day, even though he runs
several
other businesses. You
can drink now or put away. This
will be for
readers only, as it is limited and he sells everything he
produces, especially
after winning double gold at the Santa Cruz Mountain tasting
last week.
Home Sales Rose in August; Durable Goods
Orders Fell
http://www.nytimes.com/2003/09/26/business/26ECON.html
Iraq Is Seen as Crucial Factor in OPEC Move
to Cut Output
http://www.nytimes.com/2003/09/26/business/worldbusiness/26oil.html
For some, Rosh Hashana has new meaning
http://www.stltoday.com/stltoday/news/stories.nsf/News/St.+Louis+City+%2F+County
/BDE6E19F3FFA9AFB86256DAD00176683?OpenDocument&Headline=For+some,+Rosh+Has
hana+has+new+meaning
--------------------------------------------------------------------------------------------
Oakland Raider Robbins regains
starting position
http://www.bayarea.com/mld/cctimes/sports/football/nfl/oakland_raiders/6856992.htm
Chargers Suspend Boston For One Game/49ers
Might Win Game
http://www.theredzone.org/news/showarticle.asp?ArticleID=365
Cowboys talking trades, but not for a QB
http://www.dfw.com/mld/dfw/sports/football/6857084.htm
Couch To Start At Quarterback For Browns
http://www.theredzone.org/news/showarticle.asp?ArticleID=364
In
This Tournament, Hamm Has the Magic
http://www.nytimes.com/2003/09/26/sports/sportsspecial/26soccer.html
---------------------------------------------------------------------------------
GOP
leadership votes to close ranks around Schwarzenegger
The
Real Republican McClintock holds fast, refuses to quit race despite
pressure
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2003/09/26/GOP.TMP
Recall
a hit with Bay Area viewers http://www.bayarea.com/mld/mercurynews/6861473.htm
Rosh
Hashannah Begins at Sundown: Jewish New Year.
1774-Birthday of John Chapman, better known
as Johnny Appleseed, born Leominster, MA. Planter of orchards and friend of wild animals, he was regarded
as a great medicine man by the Indians.
The remarkable career of Johnny Appleseed began about 1800.
He
moved to Pennsylvania, where he sold or gave away saplings and apple
seeds to settlers moving west. Chapman then moved on to Ohio, sowing
and giving away apple seeds en route. For more than 40 years he traveled
through Ohio, Indiana, and western Pennsylvania. He pruned trees he
had previously planted and helped pioneers care for the orchards grown
form his seeds. His work bore fruit, literally, over an area of perhaps
100,000 square miles. Chapman was ragged in dress and eccentric in his
ways. He was also an itinerant preacher, expounding his faith in the
Church of the New Jerusalem, the religious organization that grew out
of the teachings of Emanuel Swedenborg, the Swedish mystic whose teachings
had been introduced to the U.S. in 1784 and whose empathy with the natural
world apparently appealed to Chapman. During the War of 1812, Chapman
traveled 30 miles to bring troops to Mansfield, Ohio, to forestall a
raid by Indian allies of the British. Chapman also introduced and encouraged
the raising of many useful medicinal herbs.
He died near Fort Wayne, Indian, in 1847.
(
lower half of: http://memory.loc.gov/ammem/today/sep26.html
)
1777- Philadelphia was occupied by British
forces under Gen. Howe. General
George Washington
realizes
the war is going badly for the colonials.
http://memory.loc.gov/ammem/today/sep26.html
1814- With over 1,000 delegates from 17 churches,
the Flint River Association was established -- the first official Baptist
organization of its kind in the history of Alabama.
1835- The Suwanee Association was formed,
in Florida. Comprised of eight member churches, it was the first official
Baptist organization in Florida history.
1871- David Oliver Saylor of Allentown, PA,
received a patent for American Portland cement. He perfected a process for making hydraulic cement from argillo
magnesium and argillo calcareous limestone.
European cement was regarded as superior and it was not until
1897 that the use of American cement exceeded the use of cement important
from Europe. It was primarily
brought
in
from Portland, England as ballast aboard ships.
1888-Birthday of T.S. Eliot ( Thomas Stearns
Eliot), Nobel prize winner, poet, playwright and critic, born St. Louis,
MO. “There never was a time,” he believed, “ when those that read at
all, read so many more books by living authors than books by dead authors;
there never was a time so completely parochial, so shut off from the
past.” Eliot died at London,
England, January 4, 1965.
1892 - The ‘King of Marches’ was introduced
to the general public. John Philip Sousa and his band played the "Liberty
Bell March" in Plainfield, New Jersey.
Most of his compositions were written
in
Great Lakes, Illinois, where his Navy marching band was based.
1898 -George Gershwin Birthday
http://www.ffaire.com/gershwin/
1907-Birthday of piano player Frank “Kansas
City Frank” Melrose. Sumner, IL
1908 - An ad for the Edison Phonograph appeared
in "The Saturday Evening Post". The phonograph offered buyers
free records by both the Democratic and Republican U.S. presidential
candidates!
1918- The “Battle of Meuse,” Argonne Forest.
As part of four major efforts to break the Hindenburg line, a Franco-American
offensive began on this date, with the US First Army striking between
the Meuse River and the Argonne Forest and the French Fourth Army to
their west. After four taxing weeks of attack, the Germans were gradually
pushed back. By Oct 31, the Americans had advanced 10 miles, the French
had reached the Aisne River 20 miles away and the Argonne Forest was
rid of the Central Power forces. This was the final great battle of
World War I.
1919-President Wilson actually suffered a
strong while traveling to Wichita, Kansas from Pueblo, Colorado.. His national tour was halted and he was taken
back to Washington, DC. History was changed as the seriousness of Wilson’s
condition was not made public, even to his immediate cabinet. For quite a period of time, Mrs. Wilson along
with a few key people kept his inabilities a secret. Legislation did not happen, foreign policy
was greatly affected, and Wilson’s ability to communicate with the public
was gone. The presidential election
of 1920 was in part a referendum on whether the U.S. should join the
League of Nations. Its main
proponent was
too
incapacitated to continue and all the opponents had a field day. The Democratic nominee, James M. Cox, pledged
to do his best to take American into the league, but found little support
or backing, even from his own party due to the lack of indecision by
the many factions. The Republican
platform straddled the issue; candidate Warren G. Harding did not seem
to feel strongly either way (ironically he would die in San Francisco
from a heart attack, August 2, 1923)..
Harding’s election was an indicator that the American people
wanted to forget the war. They rejected Woodrow Wilson’s idealism and
returned to everyday pursuits. This was the first presidential election
in which women could vote, and they apparently voted the same was as
the men---overwhelmingly Republican ( the saying that “We gave the women
the vote, and they voted for handsome Warren G. Harding (a well-known
womanizer at the time) haunted the female vote for years.
The U.S. Census recorded a population of 105,710,620.
The center of population was placed at eight miles south-southeast
of Spencer, Owen County, Indiana. For the first time a decline was recorded
in the rural population to less than 50% of the total. The number of
farm residents had dwindled to less than 50%.
We
were
about to begin “The Roaring Twenties.”
http://www.doctorzebra.com/prez/t28.htm
http://www.americanpresident.org/kotrain/courses/WW/WW_Foreign_Affairs.htm
http://www.constitutioncenter.org/sections/teacher/lesson_plans/html/70624a.asp
1925----Texas Governor Pat Neff pardons folksinger
Leadbelly, McGregor, Texas
http://www.kirjasto.sci.fi/ledbelly.htm
http://www.tsl.state.tx.us/governors/personality/neff-p01.html
http://www.lnstar.com/mall/txtrails/waco.htm
http://pweb.netcom.com/~beevans/vintage.html
http://www.tpwd.state.tx.us/park/admin/ccc.htm
1926-Gene Tunney won the heavyweight championship
by taking a unanimous 15-round decision from Jack Dempsey, the champion
since 1919. Tunney defeated Dempsey in a rematch, won one more fight
and then retired.
1926 –Birthday of Julie London (Peck) (singer: Cry Me a River;
actress: Emergency; died Oct 18, 2000)
1937- Bessie Smith, 43, one of the world’s
great jazz singers, dies in Clarksdale, Miss., from an auto accident. The closest hospital refused to admit her because
she was black.
1939-Birthday of singer Tina Turner, Brownsville,
TN
1944—Top Hits
I’ll
Walk Alone - Dinah Shore
Is
You is or is You Ain’t - Bing Crosby & The Andrews Sisters
I’ll
Be Seeing You - Bing Crosby
Smoke
on the Water - Red Foley
1948-Birthday of singer Olivia Newton-John,
Cambridge, England,.
http://www.onlyolivia.com/onj.html
1949- Jane Graves Smiley birthday - U.S. novelist
and Pulitzer Prize winner. She won the Pulitzer honor for her devastating
One Thousand Acres that was later made into a movie but is best known
for her novel Moo which has almost become a cult favorite. Her mother
was also a writer and journalist.
http://books.guardian.co.uk/departments/generalfiction/story/0,6000,1010668,00.html
http://www.randomhouse.com/features/smiley/qna.html
1952- Top Hits
You Belong to Me - Jo Stafford
Wish You Were Here - Eddie Fisher
Half as Much - Rosemary Clooney
Jambalaya (On the Bayou) - Hank Williams
1955 - Debbie Reynolds married singing idol
Eddie Fisher. The couple made it through four tempestuous years. Fisher
gave her up for Elizabeth Taylor,
and
also “Jump the Shark” on his career.
1957 - "West Side Story" opened
in New York. The musical ran for 734 performances. The loose adaptation
of William Shakespeare’s "Romeo and Juliet" produced several
hit songs, including "Maria" and "Tonight".
1960- the first of four television debates
between Richard Milhous Nixon, the Republican candidate, and John Fitzgerald
Kennedy, the Democratic candidate took place today in a Chicago studio;
the second on October 8 in a Washington, DC, studio; the third of October
13, with Kennedy in New York City and Nixon in Hollywood, CA; and the
fourth on October 21, in a New York city studio.
off
pitcher Jack Fisher of the Baltimore Orioles in the Yankee’ 159th
game.
1960—Top Hits
My
Heart Has a Mind of Its Own - Connie Francis
Chain
Gang - Sam Cooke
Mr.
Custer - Larry Verne
Alabam
- Cowboy Copas
1961-Roger Maris hit his 60th home
run of the season to tie Babe Ruth’s record. Maris’s homer came off
pitcher Jack Fisher of the Baltimore Orioles to the Yankees’ 159th
game.
1962- “The Beverly Hillbillies” premieres
on TV. This half-hour comedy was one of the most successful “rural”
comedies on TV; in addition, according to Nielsen, the eight most-watched
half-hour shows are episodes of this series. “The Beverly Hillbillies”
was about an Appalachian man, Jed Clampett (Buddy Ebsen) who found oil
on his property, so he moved his family to a better life in Beverly
Hills, CA. Most of its jokes were based on its fish-out-of-water premise.
Also in the cast were Irene Ryan as Granny, Jed’s mother-in-law, Donna
Douglas as his daughter ElIy May, Max Baer, Jr as his nephew Jethro
Bodine, Raymond Bailey as neurotic Milburn Drysdale, Jed’s neighbor
and the owner of the bank where Jed kept his money, Nancy Kulp as Jane
Hathaway, Drysdale’s secretary and right-hand-woman and Harriet MacGibbon
as Margaret Drysdale, Milburn’s wife.
1964- “ The Gilligans Island” premiered.
Often asked on both “Who Wants to be a Millionaire” and other
quiz shows, this series was about seven people who set sail aboard the
Minnow for a three-hour tour and became stranded on an island. They
used the resources on the island for food, shelter and entertainment.
The cast included Bob Denver as Gilligan, Alan Hale, Jr, as the Skipper(
Jonas Grumby), Jim Backus as Thurston Howell Ill, Natalie Schafer as
Mrs. “Lovey” Howell, Russell Johnson as the Professor( Roy Hinkley),
Dawn Wells as Mary Ann Summers and Tina Louise as Ginger Grant, the
movie star. The last telecast aired on Sept 4,1967. http://bobdenver.com/
http://www.sitcomsonline.com/gilligansisland.html
( could not find Gilligan’s
first name, someone told me it was Willard or Wille )
1968—Top Hits
Harper Valley P.T.A. - Jeannie C. Riley
Hey Jude - The Beatles
Hush - Deep Purple
Mama Tried - Merle Haggard
1968 -Hawaii Five-O debuts
as an hourly program on CBS
http://www.epguides.com/HawaiiFiveO/
http://us.imdb.com/Title?0062568
1969- the Beatles' 13th album, Abbey Road,
was released in the United Kingdom on this date in
1969-. The album zoomed to number one on the
record charts and stayed there for 11 weeks. It was the last album the
Beatles made together.
1969- “The Brady Bunch”. This popular sitcom
starred Robert Reed as widower Mike Brady who has three sons and is
married to Carol (played by Florence Henderson), who has three daughters.
Housekeeper Alice was played by Ann B. Davis. Sons Greg (Barry Williams),
Peter (Christopher Knight) and Bobby (Mike Lookinland) and daughters
Marcia (Maureen McCormick), Jan (Eve Plumb) and Cindy (Susan Olsen)
experienced the typical crises of youth. The program steered clear of
social issues and portrayed childhood as a time of innocence. The last
episode was telecast on Aug 30,1974. The program continues to be popular
in reruns in the after-school time slot. There were also many spin-offs:
“The Brady Kids” (1972—74), a Saturday morning cartoon; “The Brady Bunch
Hour” (1976—77), a variety series; “The Brady Brides” (1981), a sitcom
about the two older daughters adjusting to marriage and “The Brady’s”
(1990), a short-lived dramatic series. A Very Brady Christmas (1988)
was CBS’s highest rated special for the season. In 1995, The Brady Bunch
Movie appealed to fans who had watched the program 25 years before.
1976-Top Hits
Play That Funky Music - Wild Cherry
I’d Really Love to See You Tonight - England Dan & John Ford Coley
A Fifth of Beethoven - Walter Murphy & The Big Apple Band
If You’ve Got the Money I’ve Got the Time - Willie Nelson
1981- Nolan Ryan o the Houston Astros became
the first pitcher to throw five career no-hitters. He blanked the Los Angeles Dodgers, 5-0, at
the Astrodome. Ryan ended his
career with seven no-hitters.
1981- Roger Maris hit his 60th
home run of the season to tie Babe Ruth’s record. Maris’s home came
1982- “Knight Rider” premieres. David Hasselhoff starred in this one-hour adventure
series about a copy who was nearly killed, then brought back to live
with a new identity ( Michael Knight ) by a mysterious millionaire. Together with a car that talked, a Pontiac
Trans Am called KITT ( Knight Industries Two Thousand, Knight had various
adventures. Other cast members
included Edward Mulhare as Devon Miles, aid to the deceased millionaire,
Patricia McPherson as mechanic Bonnie Barstow, Rebecca Holden as April
Curtis, William Daniels as the voice of KITT, and peter Parros as Reginald
Cornelius III, truck driver/chauffeur for KITT.
1984 - Liz Taylor starred in the season opener
of the TV soap, "Hotel". Despite incredibly biting bits from
John Belushi on NBC’s "Saturday Night Live" regarding her
plumpness at the time, viewers were quite amazed when Ms. Taylor appeared
in a gown -- with a 24-inch waistline. Definitely no more, “I followed
Liz Taylor to McDonald’s to watch the numbers change,” from Joan Rivers.
1984---Top Hits
Missing
You - John Waite
Let’s
Go Crazy - Prince & The Revolution
Drive
- The Cars
Let’s
Chase Each Other Around the Room - Merle Haggard
1985- Shamu was born at Sea World at Orlando,
FL and is the first killer whale born in captivity to survive. Shamu
is now living at Sea World’s Texas park
1986 - "Dallas", on CBS-TV, smashed
NBC’s "Miami Vice" in the overnight ratings. The episode,
from Southfork Ranch, had Bobby Ewing (Patrick Duffy) returning from
the dead -- in the shower, no less! Pam Ewing (Victoria Principal) was
a bit perplexed. So were the viewers. Somebody had stayed up very, very
late writing this episode.
1987 - Whitney Houston’s fifth consecutive
#1 U.S. single hit the top. "Didn’t We Almost Have It All"
was a cut from her LP, "Whitney", which was number one on
the album charts from June 27 to Sep 11 that year.
1988- NYC's Rockefeller
Center declared a national landmark.
1991 - A group of scientists, four men
and four women began a two-year stay inside "Biosphere 2",
a sealed structure in Oracle, AZ. They had planned to have no contact
with the outside world; to grow their own food and live peacefully together
as future pioneers in a harsh and alien world. Unfortunately, the outside
world had to intervene a few times; to get rid of an ant invasion, to
pump in oxygen, to tend to a health emergencies, to bring in forgotten
necessities like makeup. The scientific team managed to last out the
term, but they were half-crazy and half-starved when U.S. marshals led
them out two years later.
1998 -With a 6-1 win over the Devil Rays,
the Bronx Bombers set an AL record with their 112th win. The 1906 Cubs,
who went 116-36, are the only team with more victories than the 1998
Yankees.
1998 -By hitting a 462-foot blast at the
Astrodome, Sammy Sosa hits #66 (and his final homer of the season) to
take the lead in the HR race. Less than an hour later, however, Mark
McGwire also hits his 66th in the Cardinals' 6-5 victory over the Expos
to tie the Cub outfielder in the historic home run race.
1998 -Ken Griffey, Jr. hits his league-leading
56th homer of the season and 350th of his career becoming the youngest
player ever to reach the 350 mark.
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