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Wednesday, April 26, 2023


Today's Leasing News Headlines

ELFA Reports March Business Up 4%
    from February, Down 2% Year-to-Year
New Hires/Promotions in the Commercial Finance,
    Business Loans, and Leasing Industries
Leasing and Finance Industry Help Wanted
    Commercial Equipment Finance/Business Loans
Personal Data Report
    Sales Makes it Happen by Scott Wheeler, CLFP
Chris Enbom-Doug Houlahan
  "Why I Became a CLP"
    Febraury 2012
Finance and Leasing Industry Recruiters
    Commercial Finance/Loan/Leasing Industries
Channel Closes $75MM Facility
    $1.5 billion in financing to over 24,000 businesses
Husky
    Minnetonka, Minnesota Adopt-a-Dog
In-Person (casual) & Virtual (low cost)
  Credit and Collections: Hot Topics & Cool Solutions
    June 7 – June 9, San Antonio, Texas
News Briefs ---
First Republic Bank Shares Sink 49%
    After Earnings Report
First Republic Bank Lost $102 Billion
    in Customer Deposits
G.M's Profits Fell 18.5%
     in the First Quarter
GM will stop making the low-priced Chevy Bolt EV
     to make way for electric pickups
Billions and Billions Earned:
    How McDonald’s Keeps Its Edge
The Four Things to Haggle Over
   
When Buying a Home
Sliding Diesel Prices Signal
   
Warning for U.S. Economy

You May Have Missed ---
Former Balboa Capital Content Manager Launches Financial  
    Content Writing Business

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

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

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified, but from 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.



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

ELFA Reports March Business Up 4%
from February, Down 2% Year-to-Year

(Leasing News Chart)

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index showed their overall new business volume for March was $10.4 billion, down 2 percent year-over-year from new business volume in March 2022. Volume was up 32 percent from $7.9 billion in February. Year-to-date, cumulative new business volume was up 4 percent compared to 2022.


(ELFA Chart)


ELFA President and CEO Ralph Petta said, “While originations for the month are strong—in the face of a persistently high interest rate and inflationary environment—the metrics that bear monitoring deal with portfolio quality. Delinquencies and losses are up compared to the same period last year, indicating a potential softness in the economy that is making it more difficult for lessees to honor their lease and financing obligations.”


Linda Redding, Head of Equipment Finance, J.P. Morgan Commercial Banking, said, “Despite continued economic uncertainty, rising interest rates and other challenges, the equipment finance industry remains resilient, as seen in the increase in cumulative new business volume in the first quarter. The industry continues to demonstrate its viability throughout economic cycles, as there is a consistent need for companies of all industries and sizes to invest in equipment. Times of economic uncertainty can even create unique opportunities for the equipment finance industry, as its flexible solutions can allow businesses to preserve strong liquidity and cash positions when they need them most.”

Receivables over 30 days were 1.9 percent, up from 1.8 percent the previous month and up from 1.5 percent in the same period in 2022. Charge-offs were 0.32 percent, unchanged from the previous month and up from 0.10 percent in the year-earlier period.

Credit approvals totaled 75.3, down from 75.7 percent in February. Total headcount for equipment finance companies was down 4.6 percent year-over-year.

(ELFA charts)

Full Press Release:
https://www.elfaonline.org/knowledge-hub/mlfi-25-monthly-leasing-and-finance-index/view-mlfi/monthly-leasing-and-finance-index-march-2023


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

New Hires/Promotions in the Leasing Business
and Related Industries


Bruce Follese was hired as Vice President of SAE Middle Market, Envision Capital Group LLC, Laguna Hills, California. He is located in Newport Beach, California. Previously, he was Vice President of Sales, MW Capital Fund LLC (November, 2018 - April, 2023); Associate Vice President, New Business Development, Wintrust Commercial Finance (January, 2017 - November, 2018) Senior Finance Executive, CG Commercial Finance (January, 2013 - January, 2017).
https://www.linkedin.com/in/follesebruce/


Juliana Lowe was promoted to Senior Vice President, BOK Financial Equipment Finance, Inc., Tulsa, Oklahoma. She is located in Albuquerque, Santa Fe Area, Arizona. She joined Wells Fargo May, 1992, Leasing Associate, promoted May, 1993, Credit Analyst, promoted, January, 1994, Vice President, New Mexico and West, Texas; promoted May, 1994, Vice President, Albuquerque, New Mexico.
https://www.linkedin.com/in/juliana-lowe/


Jeff Ochoa was promoted Vice President of Sales, Pacific Rim Capital, Inc., Irvine, California. He joined the company March, 2010, Account Executive, promoted, May, 2013, National Sales Manager, promoted February, 2016, Assistant Vice President.  Previously, he was Senior Account Executive, Reliance Standard (2008 - 2010); Business Development Director, SafeGuard (2003 - 2008).
https://www.linkedin.com/in/jeff-ochoa-94317013/


Samantha (Supple) Pennacchietti was promoted to Senior Analyst, Operations, Bennington Financial Corp., Hamilton, Ontario, Canada. She joined the company November, 2017, Senior Funding Analyst, promoted July, 2022, Senior Analyst, Special Programs. Previously, she was Financial Advisor, Sun Life Financial (July, 2012 - March, 2013).
https://www.linkedin.com/in/samantha-pennacchietti-26171857/


Adam Peterson was announced Managing Director at Channel, Greater Minneapolis, St. Paul Area.  He is Manager of the East Coast and Cindy Fleck is Manager of the West Coast. He joined Channel April, 2009, Senior Account Executive, promoted August, 2015, Director of Sales, promoted august, 2020, Senior Vice President of Sales.
https://www.linkedin.com/in/adam-peterson-a911111a/


Brody Suddendorf was promoted to Director of Operations, GreatAmerica Financial Services,  Cedar Rapids, Iowa.  He is located in Marion, Iowa. He joined the company January, 2016, Business Unit Financial Analyst, promoted April, 2018, Senior Business Unit Financial Analyst.  Previously, he was at Cargill, starting June, 2010, Accounting Trainee, promoted January, 2012, Product Line Accountant, promoted, Accounting Supervisor (June, 2013 - January, 2016).
https://www.linkedin.com/in/brody-suddendorf-a4902586/

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

Leasing and Finance Industry Help Wanted
Highly Trained Operation Staff/Work from Home
Excellent Compensation/Marketing Support


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

Personal Data Report

Sales Makes it Happen by Scott Wheeler, CLFP

A twenty-year veteran recently shared his personal data. His monthly volume has increased significantly over the past 15 months. More importantly, his yields have increased by a faster pace than the overall company. His weighted average terms have systematically decreased over the past 15 months from weighted average of 56-month terms to 49-month terms. His weighted average credit scores and PayNet scores have also systematically increased over the past 15 months at a greater pace than his company. This veteran recognizes that in order to maintain his personal leadership position within the company he needs to track more than his personal increases in monthly volume. Quality matters, and being in front of market conditions is essential for long-term personal sustainability.

Data and efficiencies are essential for success in the commercial equipment finance and leasing industry. Most companies are becoming proficient in gathering key matrices (data) to evaluate trends, performance, and to assist in vital managerial decision-making processes. Originators should do the same related to their personal activities. Successful originators track their results and use personal data to influence how they can be stronger participants in the future. Top originators have the following data and use the data to drive their daily activities and approach to the current market.

  • What are the originator's personal weighted average yields on transactions funded for each month over the past 15 months? Do the originator's personal increases in yields mirror the general increases in the market? (The Fed has raised rates by 475 basis points from March 2022 to March 2023.)
  • What is the quality of the originator's transactions over the past 15 months? Have the weighted average credit scores increased or decreased in the originator's personal monthly fundings? Originators are judged by the performance of their personal portfolios. The market expects delinquencies to rise over the coming months. Originators want to have strong credits in their personal portfolios to weather a possible recession in the last half of 2023.
  • What is the weighted average term of the originator's transactions funded each month over the past 15 months? In a rising interest rate environment longer fixed-rate terms increase the risk of any portfolio. Have the personal weighted average terms decreased for the originator over the past 15 months and if not, why not?

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



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

Chris Enbom-Doug Houlahan
"Why I Became a CLP"
Febraury 2012


Doug Houlahan, CLP, was with Allegiant Partners in San Rafael, California, and is now at Maxim Commercial Capital, Los Angeles, San Francisco, California. (Today he is COO at Clicklease LLC, located in Novato, California.  Company is very successful small true lease industry).


Chris Enbom, CLP, is the CEO at Allegiant, past-president,
National Equipment Finance Association. ((Today he is CEO, FMI Equipment Company, CEO and Director, Tokyo Century (USA) Inc. CE0, Work Truck Direct, CEO Allegiant Partners Incorporated).

Their Story

Enbom:
"Doug, who I was working with at the time, said he was taking his CLP in a couple weeks. I told him I thought I could score higher than him just studying for a week. "

Houlahan:
"It was only a couple of weeks before the United Association of Equipment Leasing (now National Equipment Financial Association) Conference in Tahoe that we threw down the gauntlet and I don't recall who dared who but neither one of us was likely to back down from that kind of bet. Actually it was a little foolish on my part as Chris spent his entire career in the Leasing industry and was teaching Leasing classes when I first met him back in 2001. If you ever get a chance ask him about his near miss with the Twin Towers on 9/11."

"Due to the short window of time to prepare, and the fact that I received my CLP Book about 10 days before the test, I didn't have a lot of time to prepare and therefore no mentor or formal training. I do remember however, sitting outside our hotel with Chris the day before the test reading the history of leasing and making sure I had "Lease Classification" down solid. The balance of the material I either did on a day-to-day basis or was heavily exposed to at Allegiant Partners.

Enbom:
"No mentors! Luckily I had built a leasing company from scratch so I really know lease accounting, tax accounting, collections, etc.

"I read the CLP book once (took a few hours) and reviewed sections of the CLP book before taking the test. I studied a few hours.

"Remember, though, I live and breathe pretty much every aspect of the test every day running an equipment finance company with its own balance sheet.

"We took the test in Lake Tahoe (in Nevada) at the fall UAEL conference. We had both been up until 4:00 am the two nights before. We were staying at a casino. It was a fun conference! That 8 hour exam was not easy to get through! "

Houlahan:
"I must say that I really underestimated the quality of the CLP test going into it, while it was challenging, it was very relevant and does a great job testing your knowledge in every facet of the leasing business.

"Chris had been in the industry a long time and used his experience to help him build Allegiant, I'm very grateful for my experience and the benefit of my CLP to help me build Maxim Commercial Capital. As was discussed in some Marketing pieces for the CLP a couple years ago, it may not necessarily be what you know from the CLP, you may actually receive as much benefit from knowing what you don't know that can benefit your career and your Company."

Enbom:
"And while we both took the test and we both passed, they never gave us our scores. So - I took it as part of a bet and we never found out who won. We are both very competitive (actually I think in Doug I finally found someone more competitive than me).

"One day I sure would like to know if I scored higher than he did."

Houlahan:
"I probably find myself in more situations that are not necessarily beneficial due to my machismo, however the CLP bet was one I've benefited from tremendously and will continue to for years to come."

Enbom:
“All joking aside about who outscored who, it is a commitment of time and energy, but you will learn a huge amount by studying for the test. It is a hard test.

“For people who are not heavily involved in all aspects of leasing, finding a mentor to help you out is helpful. NEFA also has classes at various times and if you have a group they are usually willing to put a class on in your location.”

Why I Became a CLP Series:
http://www.leasingnews.org/CLP/Index.htm



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

Finance and Leasing Industry Recruiters

These companies have experience in the finance and leasing industry

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

Executive Solutions for Leasing & Finance, Inc.
Atlanta GA 30308
Jon Gerson, President
jongerson@exsolutions.com
678.528.8996
LinkedIn
www.exsolutions.com

1990
(1990)

Nationwide

Search firm specializing in leasing industry. Services include retained and contingent search, strategic consultation, compensation analysis, sales & management training, & customizable consulting products.

Recruiters
International, Inc.
(RII)

Pembroke Pines, FL 33025
Emily Fitzpatrick
Sr. Recruiter
info@rirecruit.com
Phone: 954-885-9241
www.riicareer.com
LinkedIn
Also follow us on Twitter @RIIINFO

2000

North America

Explanation:  Boutique Executive Search Firm Specializing in the Finance & Equipment Leasing Industries.

Our goal is to build long term relationships with our Clients & Candidates, keeping both sides abreast of current and future changes that effect supply & demand of Top Talent.  Excellent References & Testimonials

ZRG Partners
69 Milk St Third Floor
Westborough, MA 01581
Contact: Ken Lubin,  klubin@zrgpartners.com
Gerry Ricco, gricco@zrgpartners.com
www.zrgpartners.com

1999
(32)

Global
(Completed search in 33 countries
in leasing and lending)

Senior Level retained Search firm doing C-Suite searches, board searches and VP level positions, We work on a client focused, project basis

 


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

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

Channel Closes $75MM Facility
$1.5 billion in financing to over 24,000 businesses

Minnetonka, MN – Channel announces the company has entered into a new credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations
and reflects the scale and capacity growth that Channel continues to realize.


Eli Sethre, Chief Financial Officer at Channel, said, “We are immeasurably pleased to have successfully closed a new credit facility with Truist.

“It is a clear demonstration of Channel’s continued business success, the strength of our portfolio, and our ongoing relationship with Truist.“


Mike McConnell, Vice President of Treasury and Capital Markets at Channel, added “This new warehouse adds flexibility to our financing options and further allows us to accommodate both equipment finance and working capital within the same facility.”

Truist joins Regions Bank and CIBC as warehouse lenders to Channel. Truist Securities, Inc., led the company’s first equipment finance securitization in 2022. Channel has also completed two working capital securitizations in 2021and 2022.

For more information, please visit https://www.channelpartnerscapital.com/in-the-news/

Established in 2009, Channel is the only full-service independent lender offering a single source solution for equipment finance and working capital exclusively through equipment finance companies for their small and mid-size business customers. To date, Channel has provided over $1.5 billion in financing to over 24,000 businesses nationwide. The company is headquartered in 11100 Wayzata Blvd, Ste 305, Minnetonka, MN 55305 | (763) 746-7760 |
https://www.channelpartnerscapital.com

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


[headlines]
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Husky
Minnetonka, Minnesota Adopt-a-Dog

Daisy
ID: SHMN-A-6327
Female
3 Years, 9 Months old
47 lbs.
Foster Home
Adoption Fee: $300

Attributes
Crate Trianed
Good with Dogs
Good with Kids
House Trained
Intelligent
Leash Trianed
Goofy
Likes to Fetch
Liks toy/Playfull
No cats
Goofy

From the Foster:

After having Daisy in my life since October 2021, it's hard to wrap up who she is and what she means to me in this bio, but I am sure going to try my best. Over these past several months, Daisy has shown me what an incredible dog she is on a daily basis. Her intelligence is second to none. Her heart is as big as they come. She has a contagious zest for life that never wanes. Her ability to bond with people once she trusts them gives me confidence that her future adopter will never feel alone or unloved. She is the chattiest of the chatty Cathies, but I appreciate her filling the silence in my life and hope you will too (no shared walls for her!). She is somehow the one husky who hasn't tried to escape and run away (please don't let me jinx this), and I thank her every day for that. Most importantly, she always makes me smile and laugh, even when she finds new hobbies like hunting baby bunnies in our yard. She is worth every challenge that may come her way, whether or not I am the one there beside her to guide her through it. I've known from the start of our time together that she would thrive in an active home.

 I could see her living her best life doing some kind of outdoor sport, whether it be skijoring, bikejoring, canicross, agility, etc. Really anything to combine her love of the outdoors and doing something fun, while also challenging herself mentally and physically. This really seemed like the clear and easy path for her until we learned about her reactivity and anxiety. (Now I want to be clear that reactive and anxious dogs can most certainly partake in sports and live their best outdoor lives, but it definitely takes COMMITMENT from their owner to do it safely and in a way that is still enjoyable for the dog.) Fortunately, our favorite trainer Barb was offering a 6-week-long reactive dog training class, which we promptly signed up for earlier this year. I'm not going to lie;

Daisy was the star student on a few different occasions. We both learned a lot of new tools to help her with her reactivity and I gained confidence in my ability to guide Daisy through some of life's more triggering moments. With the reactivity "in process we really got to work on her anxiety, with the help of the Secondhand Hounds vet team. Right now, we're trying out some medications to help Daisy get through the day with less anxiety, and I'm hopeful things will start to improve soon. In addition to Daisy's reactivity and anxiety, it's important to note that she can be dog selective.

What this means for Daisy is that she likely won't thrive in an environment with a lot of dogs, especially ones she doesn't know. Now that being said, Daisy is the best of friends with my resident male husky and would play with him all day if she could. She definitely prefers male dogs and would do best as an only dog or paired with another male. To put things simply, Daisy needs a very committed adopter. She needs someone who is ready to put in the work daily, someone who understands that Daisy struggles with reactivity and anxiety, someone who is willing to meet Daisy where she is at, and someone who sees and truly believes that Daisy is worth it, because she really is. Daisy will change your life for the better if you let her.

Second Hand Hounds
Office Address:
5959 Baker Road Suite 390
Minnetonka, MN 55345
https://www.secondhandhounds.org/contact-us

Office Hours:
Monday-Friday 10am - 4pm

[headlines]
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In-Person (casual) & Virtual (low cost)
Credit and Collections: Hot Topics & Cool Solutions
June 07 – June 09, 2023 San Antonio, Texas

The Equipment Leasing and Finance Association Credit & Collections Management Conference and Exhibition is BACK! And we are excited for an in-person AND virtual, hybrid event, so mark your calendars now for June 7-9, 2023, and we’ll see you in San Antonio, Texas at the Hilton Palacio Del Rio for this fantastic conference.  See details at https://lnkd.in/gBjWSEJQ

  • Learn about the latest economic trends
  • Discuss the results from the annual Credit Manager and Collection
  • Effectiveness Surveys
  • Get the latest Economic Outlook from Jeff Jensen with Keybridge
  • Kick Up ‘Yer Boots at the off-site event
  • Participate in interactive roundtable sessions
  • and much more!

Full Information:
Learn more at https://lnkd.in/gBjWSEJQ

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

News Briefs---

First Republic Bank Shares Sink 49%
    After Earnings Report
https://www.wsj.com/articles/first-republic-shares-sink-27-after-earnings-c3b3429e

First Republic Bank Lost $102 Billion
    in Customer Deposits
https://www.nytimes.com/2023/04/24/business/economy/first-republic-earnings.html

G.M's Profits Fell 18.5%
    in the First Quarter
https://www.nytimes.com/2023/04/25/business/gm-earnings-first-quarter.html

GM will stop making the low-priced Chevy Bolt EV
    to make way for electric pickups
https://www.latimes.com/business/story/2023-04-25/gm-retire-chevy-bolt-ev-more-electric-pickups

Billions and Billions Earned:
    How McDonald’s Keeps Its Edge
https://www.wsj.com/articles/billions-and-billions-earned-how-mcdonalds-keeps-its-edge-ce8df5c8?mod=hp_minor_pos20

The Four Things to Haggle Over When Buying a Home
https://www.wsj.com/articles/the-four-things-to-haggle-over-when-buying-a-home-9dfde1c?st=3k1zbbjvdf5x3m6&reflink=desktopwebshare_permalink

Sliding Diesel Prices Signal Warning for U.S. Economy
https://www.wsj.com/articles/sliding-diesel-prices-signal-warning-for-u-s-economy-c6400724?st=qfc5ffn6e7qf5n3&reflink=desktopwebshare_permalink


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


You May Have Missed---

Former Balboa Capital Content Manager Launches Financial  
    Content Writing Business
https://www.monitordaily.com/news-posts/former-balboa-capital-content-manager-launches-financial-content-writing-business/

 

 

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


Sports Briefs---

2023 mock draft: NFL Nation reporters make first-round predictions
https://www.espn.com/nfl/draft2023/story/_/id/36279707/mock-draft-2023-nfl-nation-first-round-predictions

April 27-29 | Coverage: ESPN, ABC, ESPN App
• Round 1: Thursday, April 27, 8 p.m. ET
• Rounds 2-3: Friday, April 28, 7 p.m. ET
• Rounds 4-7: Saturday, April 29, Noon ET
• Location: Kansas City
• Full draft order: All 259 picks

The Eight Most Interesting Teams in the 2023 NFL Draft
https://www.theringer.com/nfl/2023/4/25/23696779/eight-most-interesting-teams-2023-nfl-draft-texans-colts-ravens-seahawks

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


California News Briefs---

‘There are no people here’: S.F.’s $2.2 billion
transit center remains an empty cavern (scroll down)
https://www.sfchronicle.com/projects/2023/sf-transit-center/

Vehicle encampment stretching 2 miles long has come
     to symbolize Marin’s affordability crisis
https://www.sfchronicle.com/bayarea/article/marin-county-novato-vehicle-encampment-17891615.php

Sonoma County Board of Supervisors approves new
regulations for vacation rentals, timeshares
https://www.northbaybusinessjournal.com/article/news/sonoma-county-board-of-supervisors-approves-new-regulations-for-vacation-re/



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

Gimme that Wine

 

Gloria Ferrer vineyards a Sonoma County pioneer
     in using AI to monitor crops
https://www.pressdemocrat.com/article/lifestyle/gloria-ferrer-vineyards-a-sonoma-county-pioneer-in-using-ai-to-monitor-crop/

The 15 Best Wines In 2023 So Far
https://www.tastingtable.com/1255933/best-wines-2023/

Archaeologists uncover elaborate ancient
winery among Roman ruins
https://www.thedrinksbusiness.com/2023/04/archaeologists-uncover-elaborate-ancient-winery-among-roman-ruins/

Oregon State researchers make breakthrough in
   understanding the chemistry of wildfire smoke in wine
https://today.oregonstate.edu/news/oregon-state-researchers-make-breakthrough-understanding-chemistry-wildfire-smoke-wine

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

This Day in American History

 

This Day in History

     1704 – The Boston News-Letter was established, becoming the first successful newspaper in the colonies.
    1766 - Robert Bailey Thomas (d. 1846), founder and editor of “The Farmer's Almanac” (first issue for 1793) was born at Grafton, MA.
http://www.almanac.com/aboutofa.html
    1800 - Congress approved an act providing "for the purchase of such books as may be necessary for the use of Congress ... and for fitting up a suitable apartment for containing them." President James Madison approved the bill that appropriated $5000 for that purpose. Thus began one of the world's greatest libraries: Library of Congress.
http://memory.loc.gov/ammem/today/apr24.html
    1836 - Birthday of West Point Graduate, Lieutenant George N. Bascom (d. 1862) , Owingsville, KY.  He was assigned to search out Apache chief Cochise and is believed to be responsible for an 1861 raid on an Arizona ranch. He arrested Cochise at Apache Pass, but the chief escaped and declared war, launching a reign of terror known as the Apache Wars. Bascom died the year following his Apache adventure when he became a casualty of the Civil War battle at Fort Craig, Valverde, NM.
http://www.army.mil/cmh-pg/books/amh/amh-toc.htm
    1847 - At the conclusion of the Mexican War, the Mormon Battalion of the Army of the West established Fort Moore overseeing the pueblo of Los Angeles. The fort was named in honor of their captain who had perished in the Battle of San Pascual.
http://www.mormonbattalion.com/
http://www.onlineutah.com/historybattalion.shtml
   1862 - Union Captain David Farragut leads a flotilla past two Confederate forts on the Mississippi River south of New Orleans. Moving at 2:00 a.m., Farragut lost one ship but successfully ran past the strongholds. He scattered some Confederate ships and sailed to New Orleans.  On May 1, he captured the city without having to fire one shot. In July, he was promoted to Rear Admiral.
    1873 - Free lunches for the poor and sick were offered by the New York Diet Kitchen Association, who opened at 410 East 23d Street, New York City. Beef, tea, soup, milk, cooked rice, eggs and oatmeal were served. The first president was Mrs. A.H. Gibbons.
http://www.nycares.org/
    1885 – Annie Oakley was hired by Nate Salsbury to be a part of “Buffalo Bill’s Wild West.”
    1886 - The first African-American Catholic priest and who was assigned to work in the United Sates was Reverend Augustus Tolton. He was ordained at the College of Propaganda, Rome, Italy, and opened a mission in Quincy, IL, in the diocese of Springfield, IL.
    1888 – Eastman Kodak was founded in Rochester, NY.
    1895 – Joshua Slocum, the first person to sail single-handedly around the world, departed Boston aboard the sloop "Spray."
    1897 – The first White House reporter was appointed:  William Price of the Washington Star.
    1899 - Two women and one son lived to tell the story of being picked up by a tornado and carried more than a fourth of a mile, flying far above the church steeples, before being gently set down again. The young boy and one of the ladies said they had the pleasure of flying alongside a horse. The horse "kicked and struggled" as it flew high above and was set down unharmed about a mile away.
    1901 - The American League made its debut as a major league with a schedule of four games. Three were rained out, but the Chicago White Stockings beat the Cleveland Blues, 8-2, to get the season under way. 14,000 saw the game played at the Chicago Cricket Club.  There were eight charter teams in 1901 and the next year the original Milwaukee Brewers moved to St. Louis to become the Browns.  All eight original franchises remain in the American League, although only four remain in the original cities (Detroit, Chicago, Boston, and Cleveland). The eight original teams and their successors:

  • Baltimore Orioles went bankrupt and became defunct after 1902 season, were sold, moved in 1903 to New York, became the New York Highlanders who became the New York Yankees in 1913.
  • Boston Americans became the Red Sox in 1908.
  • Chicago White Stockings became the White Sox in 1903.
  • Cleveland Blues became the Indians in 1915.
  • Detroit Tigers
  • Milwaukee Brewers became the St. Louis Browns in 1902, the Baltimore Orioles in 1954.
  • Philadelphia Athletics became the Kansas City Athletics in 1955, the Oakland Athletics in 1968.
  • Washington Senators became the Minnesota Twins in 1961

Note:  the current Milwaukee Brewers were founded in 1969 as the Seattle Pilots, an expansion team in the American League. After only one season, the Pilots relocated to Milwaukee, becoming known as the Brewers and playing their home games at Milwaukee County Stadium which was the home of the Milwaukee Braves until they relocated to Atlanta in 1966.  The Braves had moved from Boston in 1954.  In 1998, the Brewers joined the National League.
    1902 - Professional baseball gets its start in Durham, North Carolina as the Tobacconists (renamed the Bulls 11 years later) played an exhibition game against Trinity College (now Duke University). The Bulls, except for 1971-80, when minor league baseball didn't exist in the city, continue to
play in Durham, now as the AAA affiliate of the Tampa Bay Rays, in the International League.
    1905 - Birthday of Robert Penn Warren (d. 1989) at Guthrie, KY. American poet, novelist, essayist and critic. America's first official poet laureate, 1986-88, Warren was awarded the Pulitzer Prize for his novel “All the King's Men,” as well as for his poetry in 1958 and 1979.
http://www.robertpennwarren.com/
    1905 – The Washington Senators executed a triple play while defeating the New York Highlanders, 4-3.
    1907 - Hersheypark, founded by Milton Hershey for the exclusive use of his employees, opened. 
    1908 - Severe thunderstorms spawned eighteen tornadoes over across the Central Gulf Coast States claiming the lives of 310 persons. The state of Mississippi was hardest hit. A tornado near Hattiesburg, MS killed 143 persons and caused more than half a million dollars’ damage. Four violent tornadoes accounted for 279 of the 310 deaths. The deadliest of the four tornadoes swelled to a width of 2.5 miles as it passed near Amite, LA. The tornado also leveled most of Purvis, MS.
    1908 – Mr. & Mrs. Jacob Murdock became the first to travel across the US by car.  They left LA in a Packard and arrived in NYC in 32 days, 5 hours, 25 minutes.
    1912 - First Keystone Kops film, titled "Hoffmeyer's Legacy.”
http://www.wayoutwest.org/kennedy/filmography/1912-1914.html
    1913 - The Woolworth Building in New York City became the tallest structure in the world, with the exception of the Eiffel Tower in Paris. It formally opened at 7:30pm when President Woodrow Wilson at the White House, Washington, DC, pressed a telegraph key that rang a bell in the engine room and dining hall and lit the electric lights on the 55 floors. The architect was Cass Gilbert. It would not be until 1931 that the 1,250 Empire State Building would open and overtake the Woolworth Building as the world’s tallest.
    1917 – Congress passed the Liberty Loan Act, authorizing the Treasury to issue a public subscription for $2 billion in bonds for the war
    1919 - League of Women Voters was established by Carrie Chapman Catt during the last meeting of the National American Woman Suffrage Association, approximately six months before the Nineteenth Amendment gave women the right to vote. Catt was also the founder and at the time the President of the International Alliance of Women. The League of Women Voters began as a "mighty political experiment" aimed to help newly enfranchised women exercise their responsibilities as voters. Its official formation was symbolically timed to coincide with the 50th anniversary of women's voting rights, equal to that of men, established for the first in the world in the territory of Wyoming in 1869.
    1923 - President Warren G. Harding witnesses the first shutout ever thrown at Yankee Stadium as Babe Ruth homers in a 4-0 victory over the Senators.
    1926 - Great Chicago jazz impresario Joe Sega born Philadelphia, PA.
    1928 - Tenor saxophone player Johnny Griffin (d. 2008) born Chicago, IL.
http://members.tripod.com/~hardbop/griffin.html
    1928 - Herbert Grove Dorsey of the U.S. Coast and Geodetic Survey received a patent for the fathometer, which measures the depth of water. The device measured the depth by means of a series of electrical sounds and light signals.
http://www.bigelow.org/virtual/handson/fathometer.html
    1934 – Actress Shirley MacLaine was born Shirley MacLean Beaty in Richmond, VA.   A six-time nominee, she won the Academy Award for Best Actress for “Terms of Endearment” (1983).  MacLaine received the 40th AFI Life Achievement Award in 2012, and received the Kennedy Center Honors for her lifetime contributions to American culture through the performing arts in 2013.
    1936 - Benny Goodman Trio cuts “China Boy,” Chicago, IL
http://www.davidmulliss.com.au/BennyGoodman/benny.htm
http://www.pbs.org/jazz/biography/artist_id_goodman_benny.htm
http://www.davidmulliss.com.au/BennyGoodman/
http://www.davidmulliss.com.au/BennyGoodman/sounds.htm
    1936 - The first unscheduled event to be televised as it occurred was an outdoor scene of firemen answering at alarm in Camden, New Jersey. The pictures were taken by engineers from the RCA-Victor Company, Camden.
    1937 - Tenor sax player Joe Henderson (d. 2001) born Lima, OH.
http://www.grunthos.demon.co.uk/joe_henderson.htm
http://www.melmartin.com/html_pages/Interviews/henderson.html
http://members.tripod.com/~hardbop/henderson.html
    1940 - Birthday of mystery writer Sue Grafton (d. 2017), Louisville, KY.
http://www.suegrafton.com/
    1942 - Singer and actress Barbra Streisand was born in Brooklyn, New York. One of the world's most popular performers, Streisand first came to attention as the star of the 1962 Broadway musical "I Can Get It For You Wholesale." Her stage success led to a recording contract with Columbia. Then in 1964 came the role with which she is most associated - the lead in "Funny Girl." Her recording of the ballad "People" from that show was her first big hit and firmly established her as a recording artist as well as a stage star. Streisand made her movie debut in the film version of "Funny Girl" in 1968. Her subsequent films have included "The Owl and the Pussycat," "The Way We Were" and "Yentl." The theme from "The Way We Were" was a million-seller for Barbra Streisand in 1973.
http://www.barbrastreisand.com/
http://www.bjsmusic.com/
    1943 - Birthday of Richard M. Daley, former mayor of Chicago, in Chicago.  At 22 years (1989-2011), he was the longest-serving Chicago mayor, surpassing the tenure of his father, Richard J. Daley.
http://www.wheeling.com/richarddaley/bio.shtml
    1944 - United Negro College Fund was founded by Frederick D. Patterson, then president of what is now Tuskegee University, Mary McLeod Bethune, and others.  In 2005, the UNCF supported approximately 65,000 students at over 900 colleges and universities with approximately $113 million in grants and scholarships. About 60% of these students are the first in their families to attend college, and 62% have annual family incomes of less than $25,000. UNCF also administers over 450 named scholarships.  http://www.uncf.org/
    1944 - SQUIRES, JOHN C., Medal of Honor
Rank and organization: Sergeant (then Private First Class), U.S. Army, Company A, 30th Infantry, 3d Infantry Division. Place and date: Near Padiglione, Italy, 23-24 April 1944. Entered service at: Louisville, Ky. Birth: Louisville, Ky. G.O. No.: 78, 2 October 1944. Citation: For conspicuous gallantry and intrepidity at risk of life above and beyond the call of duty. At the start of his company's attack on strongly held enemy positions in and around Spaccasassi Creek, near Padiglione, Italy, on the night of 23-24 April 1944, Pfc. Squires, platoon messenger, participating in his first offensive action, braved intense artillery, mortar, and antitank gun fire in order to investigate the effects of an antitank mine explosion on the leading platoon. Despite shells which burst close to him, Pfc. Squires made his way 50 yards forward to the advance element, noted the situation, reconnoitered a new route of advance and informed his platoon leader of the casualties sustained and the alternate route. Acting without orders, he rounded up stragglers, organized a group of lost men into a squad and led them forward. When the platoon reached Spaccasassi Creek and established an outpost, Pfc. Squires, knowing that almost all of the noncommissioned officers were casualties, placed 8 men in position of his own volition, disregarding enemy machinegun, machine-pistol, and grenade fire which covered the creek draw. When his platoon had been reduced to 14 men, he brought up reinforcements twice. On each trip he went through barbed wire and across an enemy minefield, under intense artillery and mortar fire. Three times in the early morning the outpost was counterattacked. Each time Pfc. Squires ignored withering enemy automatic fire and grenades which struck all around him, and fired hundreds of rounds of rifle, Browning automatic rifle, and captured German Spandau machinegun ammunition at the enemy, inflicting numerous casualties and materially aiding in repulsing the attacks. Following these fights, he moved 50 yards to the south end of the outpost and engaged 21 German soldiers in individual machinegun duels at point-blank range, forcing all 21 enemy to surrender and capturing 13 more Spandau guns. Learning the function of this weapon by questioning a German officer prisoner, he placed the captured guns in position and instructed other members of his platoon in their operation. The next night when the Germans attacked the outpost again he killed 3 and wounded more Germans with captured potato-masher grenades and fire from his Spandau gun. Pfc. Squires was killed in a subsequent action.
    1945 - Creedence Clearwater Revival, drummer Doug Clifford was born in Palo Alto, CA. "Proud Mary," a single from their second album, made Creedence into a superstar band in 1969. Their blending of rhythm-and-blues with Cajun and other southern music forms resulted in more than a dozen hits during the next three years. The band broke up in 1972 when leader John Fogerty left for a solo career.
    1945 – The second Commissioner of Major League Baseball was appointed by the owners.  A. B. “Happy” Chandler resigned his Senate seat from Kentucky to succeed the late Kenesaw Mountain Landis, baseball’s first commissioner who was appointed by the owners following the Black Sox Scandal in 1920.  His most significant action as commissioner was the approval of Jackie Robinson’s contract with the Brooklyn Dodgers, effectively integrating Major League Baseball. He also established the first pension fund for Major League players, earning him the title "the players' commissioner." Baseball owners were upset with Chandler's governance and did not renew his contract in 1951 as a result.
    1945 – Delegates from 45 countries gathered in San Francisco to begin the planning of the United Nations.
    1949 - Dick Powell starred in "Richard Diamond, Private Detective" on NBC radio. The show stayed on the air for four years. Later, it would have a three-year run on TV starring David Janssen in the title role.
    1950 - The first African-American basketball player in the NBA, Charles Henry Cooper, was drafted by the Boston Celtics. He played for the team on November 1, 1950, in Fort Wayne, IN.
    1951 - WILSON, HAROLD E., Medal of Honor
Rank and organization: Technical Sergeant, U.S. Marine Corps Reserve, Company G, 3d Battalion, 1st Marines, 1st Marine Division (Rein.). Place and date: Korea, 23-24 April 1951. Entered service at: Birmingham, Ala. Born: S December 1921, Birmingham, Ala. Citation: For gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as platoon sergeant of a rifle platoon attached to Company G, in action against enemy aggressor forces on the night of 23-24 April 1951. When the company outpost was overrun by the enemy while his platoon, firing from hastily constructed foxholes, was engaged in resisting the brunt of a fierce mortar, machine gun, grenade, and small-arms attack launched by hostile forces from high ground under cover of darkness, T/Sgt. Wilson braved intense fire to assist the survivors back into the line and to direct the treatment of casualties. Although twice wounded by gunfire, in the right arm and the left leg, he refused medical aid for himself and continued to move about among his men, shouting words of encouragement. After receiving further wounds in the head and shoulder as the attack increased in intensity, he again insisted upon remaining with his unit. Unable to use either arm to fire, and with mounting casualties among our forces, he resupplied his men with rifles and ammunition taken from the wounded. Personally reporting to his company commander on several occasions, he requested and received additional assistance when the enemy attack became even more fierce and, after placing the reinforcements in strategic positions in the line, directed effective fire until blown off his feet by the bursting of a hostile mortar round in his face. Dazed and suffering from concussion, he still refused medical aid and, despite weakness from loss of blood, moved from foxhole to foxhole, directing fire, resupplying ammunition, rendering first aid, and encouraging his men. By his heroic actions in the face of almost certain death, when the unit's ability to hold the disadvantageous position was doubtful, he instilled confidence in his troops, inspiring them to rally repeatedly and turn back the furious assaults. At dawn, after the final attack had been repulsed, he personally accounted for each man in his platoon before walking unassisted l/2 mile to the aid station where he submitted to treatment. His outstanding courage, initiative, and skilled leadership in the face of overwhelming odds were contributing factors in the success of his company's mission and reflect the highest credit upon T/Sgt. Wilson and the U.S. Naval Service
    1952 - Raymond Burr made his TV acting debut on the "Gruen Guild Playhouse" in an episode titled, "The Tiger." Not long after this start, Burr would be seen in the hugely popular "Perry Mason" and much later in "Ironside."
http://www.raymondburrvineyards.com/
    1953 – Sir Winston Churchill was knighted by Queen Elizabeth II.
    1954 - Keeping an eye on the new trends, an article in this week's Billboard is entitled "Teenagers Demand Music With A Beat - Spur Rhythm And Blues."  Recalling “Rate a Record” on American Bandstand, the common reply was, “I give it a 98.  It’s got a good beat and it’s easy to dance to!”
    1954 – LA Rams QB in Super Bowl XIV, Vince Ferragamo, was born in Torrance, CA.
    1957 - 16-year-old Ricky Nelson releases his first record, "Teenager's Romance" with his cover of Fats Domino's "I'm Walkin'" on the flip side. The disc sold nearly 60,000 copies within three days and eventually went over a million. The hit, though, was "I'm Walkin'."  The white fusion with black R&B was about to happen.  Later in his career just prior to his death, Nelson teamed with Fats in rock ‘n’ roll revival concerts.
    1957 - The Palo Alto superintendent of schools announced the appointment of the first African-American principal on the peninsula. The new principal, Willis A. Williams, will head Palo Alto's Addison Elementary School.
http://www.ricknelson.com/
    1958 – Dion and The Belmonts released “I Wonder Why,” becoming the group's first national pop chart hit.  It was released as Laurie Records' first single, number 3013.
    1959 - James Brown made his debut at the Apollo Theatre in New York.
http://www.funky-stuff.com/jamesbrown/
    1959 - "Your Hit Parade," the Saturday night pop music show which had been broadcast regularly on radio and then on TV since 1935, went off the air.  The final Top 5:  Elvis Presley, "I Need Your Love Tonight" (#5), Brook Benton, "It's Just A Matter Of Time" (#4), Ricky Nelson, "Never Be Anyone Else But You" (#3), Dodie Stevens, "Pink Shoe Laces" (#2), and the Fleetwoods at #1 with "Come Softly To Me."
http://www.museum.tv/archives/etv/Y/htmlY/yourhitpara/yourhitpara.htm
    1959 - Mack Charles Parker was lynched in Montgomery, Alabama. He was accused of raping a pregnant white woman in Pearl River County, MS.  Three days before he was to stand trial, he was kidnapped from his jail cell in the Courthouse by a mob, beaten and shot. His body was found in the Pearl River 10 days later. Following an investigation by the FBI, the men who killed him were released as neither the prosecutor nor the judge accepted the findings. Despite confessions, nobody was indicted for the killing. Historian Howard Smead called the killing the "last classic lynching in America."  Other than the victim’s identification of Parker as her assailant, later discredited as a possible cover-up of her infidelity, there was no evidence linking Parker to the crime.  The book "Blood Justice" covers this event in American history and lays the platform for the beginnings of the Civil Rights Movement in this area.
http://www.angelfire.com/wi/Carver/mcppms.html
http://foia.fbi.gov/foiaindex/parker.htm
http://essay.studyarea.com/essay/Book_Report/19.php
http://www.amazon.com/gp/product/0195054296/002-5217827-1679236?
v=glance&n=283155

    1959 – The Drifters released "There Goes My Baby."  The song reached number two on the Hot 100 and number one on the Billboard R&B chart and on Cash Box for two weeks.
    1961 - Del Shannon's "Runaway" hit #1 on the Billboard Hot 100, enabling him to finally quit his job as a carpet salesman.
    1961 – President Kennedy accepted responsibility for the Bay of Pigs fiasco.  The Cuban Revolution of 1952-1959 had forced President Batista, a US ally, into exile. He was replaced by the Communist movement led by Castro, which severed the country's formerly strong links with the US after expropriating the assets of US corporations and developing links with the Soviet Union, with whom, at the time, the United States was engaged in the Cold War.  President Eisenhower, concerned at the direction Castro's government was taking, in March 1960, allocated $13.1 million to the CIA to plan Castro's overthrow. The CIA proceeded to organize the operation with the aid of various Cuban counter-revolutionary forces, training them in Mexico. Following his election in 1960, President John Kennedy was informed of the invasion plan and gave his consent.  On April 16, the main invasion landed at a beach named Playa Giron in the Bay of Pigs, initially overwhelming a local revolutionary militia. Castro decided to take personal control of the Cuban Army's counter-offensive. On April 20, the invaders finally surrendered, with the majority of troops being publicly interrogated and put into Cuban prisons.  The failed invasion strengthened the position of Castro's dictatorship and strengthened ties with the USSR. This led eventually to the Cuban Missile Crisis of 1962.
    1962 - Top Hits
“Good Luck Charm” - Elvis Presley
“Mashed Potato Time” - Dee Dee Sharp
“Young World” - Rick Nelson
“Charlie's Shoes” - Billy Wal
    1962 - The first coast-to-coast telecast by satellite was made by the Massachusetts Institute of Technology's Lincoln Laboratory field station at Camp Parks, Ca.  It transmitted airwaves to the two-year-old orbiting balloon Echo I, which bounced them back to earth. They were received at Millstone Hill, Westford, MA.  The pictures were of poor quality but were recognizable.
    1962 - Mets manager Casey Stengel is fined $500 dollars by Commissioner Ford Frick for appearing in a beer ad.
    1962 - Dodger Sandy Koufax ties a Major League record striking out 18 batters in a nine inning game as the Dodgers rout the Cubs, 10-2 at Wrigley Field.  It was the second time in his career that he fanned that many.  Since, there have been four pitchers who have struck out 20 in a nine-inning game:  Kerry Wood, Roger Clemens, Randy Johnson (twice), and Max Scherzer.
    1963 - 18-year-old Brenda Lee married Ronnie Shacklett, one year her senior, in Nashville, six months after meeting him at a Jackie Wilson concert. The two are still together.
    1963 - Guard Bob Cousy of the Boston Celtics ended a 23-year career in the NBA by scoring 18 points against the Los Angeles Lakers and leading the Celtics to a fifth consecutive championship. Cousy made a brief comeback in the 1969-70 season but played only seven games. He went on to coach Boston College to a record 117 wins and 38 losses.
    1965 - "Game of Love," by Wayne Fontana and The Mindbenders, made it to the top spot on the Billboard music chart. "Game of Love" stayed for a short visit of one week, before Peter Noone and Herman's Hermits took over the top spot with "Mrs. Brown You've Got a Lovely Daughter."  By the end of the year, Fontana would leave the band and would go on to some solo success in the UK, while the rest of the group would enjoy a #2 hit in the US the following year with "A Groovy Kind Of Love."
    1965 – Casey Stengel managed his 3000th game as a Major League manager.  His career record is 1,905–1,842, and he won 7 World Series.  He was a member of the 1922 World Series champion New York Giants as an outfielder, also hitting the first World Series homer at Yankee Stadium.
    1967 – Gen. William Westmoreland stated that the enemy had "gained support in the United States that gives him hope that he can win politically that which he cannot win militarily."
    1968 - Louis Armstrong was at #1 in the UK with the single "What A Wonderful World." At 66 years of age, it made him the oldest act ever to score a UK #1. The song stalled at #32 in the US, but Louis is also the oldest person to reach #1 on the Billboard chart, a feat he accomplished in 1964 with "Hello Dolly."
    1969 - Chicago bluesman Muddy Waters recorded a live album called "Fathers and Sons." Appearing with him was a host of white blues singers, including Paul Butterfield and Mike Bloomfield. Waters had a tremendous influence on many British rock 'n' rollers, including the Rolling Stones, whose name is taken from one of Waters' songs.
www.muddywaters.com
    1969 - The singing family, The Cowsills, received a gold record for their hit single, "Hair," from the Broadway show of the same name.
http://cowsill.com/cowsills/
    1970 - Top Hits
“Let It Be” - The Beatles
“ABC” - The Jackson 5
“Spirit in the Sky” - Norman Greenbaum
“Is Anybody Goin' to San Antone” - Charley Pride
    1970 - Having been invited to a White House dinner by Tricia Nixon, daughter of the President, the Jefferson Airplane's Grace Slick brought radical Abbie Hoffman with her with a plan to secretly dose Tricia with LSD during the meal. Hoffman is turned away at the door by Secret Service agents, causing Slick to leave as well.
    1972 – Almost certainly a Hall of Famer, the Atlanta Braves’ 3B Chipper Jones was born in Deland, FL.  His entire career was with the Braves during which he compiled a .303 batting average with 468 HRs.  He was a member of the Bobby Cox Braves that won a record 14 consecutive NL East titles and the 1995 World Series.
    1974 – The NFL granted a franchise to the Tampa Bay Buccaneers.  Remember the creamsicle unis?
    1976 - Saturday Night Live producer Lorne Michaels appears on the show and offers the Beatles "a certified check for $3,000" to reunite & sing three songs. "You divide it up any way you want," he said, "If you want to give Ringo less, it's up to you."
    1976 - Wings' "At The Speed Of Sound" went to #1 on the US album chart. It was Paul McCartney's fifth #1 after he left The Beatles.
    1978 - Top Hits
“Night Fever” - Bee Gees
“If I Can't Have You” - Yvonne Elliman
“Can't Smile Without You” - Barry Manilow
“Every Time Two Fools Collide” - Kenny Rogers & Dottie West
    1979 - Governor George Busbee of Georgia issued a proclamation declaring Hoagy Carmichael's "Georgia On My Mind" the new official state song. Ray Charles sang his famous version at the ceremony.
    1980 - US military operation to save 52 hostages in Iran ends in disaster. The hostages are subsequently split up to deter another similar attempt. During the operation, three of the eight helicopters of the airborne operation failed. At the staging area inside Iran, the mission was canceled, but during the withdrawal, one of the remaining helicopters collided with one of the six C-130 transports, killing eight and injuring five.
    1981 - IBM's first personal computer was released. Although IBM was one of the pioneers in making mainframe and other large computers, this was the company's first foray into the desktop computer market. Eventually, more IBM-compatible computers were manufactured by IBM's competitors than by IBM itself. It was at this period that Bill Gates “spun off” a new operating system, he called Windows XP, the first non-Windows (DOS) based operating for “personal use.”
    1981 – Bill Shoemaker won his 8,000th race, 2000 more than any other jockey.
    1985 - There were a reported 832,602 millionaires in the United States on this day, according to researchers. The average millionaire was 57 years old. A majority (85 percent) held college degrees. 20 percent were retired and 70 percent were self-employed.  In the most recent census, the average household income with husband and wife is $51,751. Woman with no husband: $28,116. Man with no wife: $31,267. Foreign born: $38,929. Hispanic: $31,767. Black: 30,439. Asian and Pacific: $55,521
http://www.census.gov/prod/2001pubs/p60-213.pdf
This source has 4 million names of American, Canadian and UK billionaires.
http://philanthropy.link.ca/
Here is history of wealth in American:
http://www.raken.com/american_wealth/
    1986 - Top Hits
“Kiss” - Prince & The Revolution
“Manic Monday” - Bangles
“Addicted to Love” - Robert Palmer
“Cajun Moon” - Ricky Skagg
    1989 - Twenty cities in the central U.S. reported record high temperatures for the date. Russell, KS was the hot spot in the nation with a reading of 101 degrees. Evening thunderstorms produced severe weather from Colorado to Wisconsin. Hail four and a half inches in diameter was reported at Sargeant, NE.
    1990 – Michael Milken pleads guilty to 6 felonies involving securities laws violations.
    1991 - Garth Brooks dominated the Academy of Country Music awards with a record six trophies. He was voted Entertainer of the Year and Top Male Vocalist, and also won for Best Single and Best Album. Brooks' "The Dance" also gave him Best Song and Best Video awards.
www.garthbrooks.com
    1992 - The Cleveland Orchestra sued Michael Jackson for $7 million after discovering the singer used part of their recording of Beethoven's Ninth Symphony on his hit album “Dangerous.”
    1993 - Top Hits
“Informer” - Snow
“Freak Me” - Silk
“Nuthin But A "G" Thang” - Dr. Dre
“I Have Nothing” (From "The Bodyguard" - Whitney Houston
    1996 - Canadian Shania Twain won the top album trophy for "The Woman in Me" and was named Best New Female Singer at the annual Academy of Country Music Awards. "The Woman in Me" had earlier won the country album Grammy and Twain was the Best New Country Artist at the American Music Awards the previous January.
    1996 – Minnesota Twins-24, Detroit Tigers-11 in the highest scoring Major League game in 17 years.
    1998 - Dodger backstop Mike Piazza ties a Major League record, hitting his third grand slam of the month. The blast highlights a nine-run second inning which leads Los Angeles to a 12-4 victory over the visiting Cubs.
    1998 - Hitting a solo homer off the Giants' Orel Hershiser at 3Com Park, Geoff Jenkins becomes the first Brewer player ever to homer in his first Major League game. The rookie joins Chuck Tanner, who accomplished the feat in 1955 as a member of the Braves, as the only players in Milwaukee baseball history to homer in their first game.
    1998 - Top Hits
“Too Close” - Next
“All My Life” - K-Ci
“Let s Ride” - Montell Jordan Featuring Master P
“Frozen” - Madonna
“You’re Still The On” - Shania Twain
    2001 - Paul Orfalea (53), founder of Kinko's copy store chain, gave a $8.5 million donation to San Francisco City College to support child care.
    2004 – The US lifted economic sanctions imposed on Libya 18 years previously, as a reward for its cooperation in eliminating weapons of mass destruction.
    2005 - Cardinal Joseph Ratzinger was inaugurated as the 265th Pope of the Roman Catholic Church, taking the name Pope Benedict XVI.
    2007 - President George W. Bush was denied a luxury suite at the Imperial Hotel in Vienna when Mick Jagger, in town with the Stones on a tour, booked it first.
    2013 - Americans learned the FBI and CIA had previous intelligence from Russia warning U.S. intelligence agencies about Tamerlan Tsarnaev's extremist connections before the Boston Marathon bombings.
    2015 - Scientists discovered a huge magma reservoir under Yellowstone National Park that feeds the magma chamber heating the park's geothermal features.  Although no volcanic eruption is likely for thousands of years, such an event would dwarf all others to date.


NBA Champions
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    1967 - Philadelphia 76ers

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