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Leasing News is a web site that posts information, news, and
entertainment for the commercial bank, finance and leasing industry


Wednesday, August 26, 2015

Today's Equipment Leasing Headlines

Archives: August 26, 2009
--Ken Bentsen's Farewell Numbers
ELFA-MFLI-25 Reports July, 2015 New Business Down
  Drops $1.3 Billion from June, But Typical June-July
Roundup on Stock Market Rollercoaster on Leasing Business
  Executives around United States, Canada, and ZRG Partners
Navitas Lease Corp. Makes Inc. Magazine 5000
CFO reports “this year is shaping up to be an exciting one”
Leasing Industry Ads---Help Wanted
Ascentium Capital
Top Five Leasing Company Web Sites—
  in North America
Certain Indicators Cannot be Ignored
Tom McCurnin on Wall of Famous Palm Restaurant
in Downtown Los Angeles
Jeff Rudin Family Adopts Mindy
  Finds a Loving Home
Plott Hound/Border Collie
  Washington, DC  Adopt a Dog
Financial and Sales Training
News Briefs---
Chipotle is planning to hire 4,000 people in one day
 To Hire 60 Applicants at their 1,700 Restaurants Sept.9
Santa Rosa fraudster Gary Armitage out of prison
  serving only a portion of his 10 year sentence
Boeing strikes back hard at Export-Import
   bank opponent
Elon Musk snaps up SolarCity stock
purchased 123,510 shares; about $5 million worth
Gates-backed Kymeta forms partnership to bring antennas
  to market to revolutionize mobile reception
Subprime Impact on Auto Financing
at Franchised Dealership up 3%; Avg. APR 7.7%

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
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You May have Missed---
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    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"    
          This Day in American History
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                 Traffic Live----

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Archives: August 26, 2009
--Ken Bentsen's Farewell Numbers

Hon. Kenneth E. Bentsen, Jr.

Equipment Leasing and Finance Association President Kenneth E. Bentsen, Jr. reported July, 2009 new business was down 7.7% to $4.8 billion…scheduled to leave his post at ELFA after Labor Day. Leasing News is told he may work until Friday, September 11th.

ELFA MLFI-25 Participants

ADP Credit Corporation
Bank of America
Bank of the West
Canon Financial Services
Caterpillar Financial Services Corporation
De Lage Landen Financial Services
Dell Financial Services
Fifth Third Bank
First American Equipment Finance
Hitachi Credit America
HP Financial Services
John Deere Credit Corporation
Key Equipment Finance
Marlin Leasing Corporation
National City Commercial Corp.
RBS Asset Finance
Regions Equipment Finance
Siemens Financial Services
Susquehanna Commercial Finance, Inc.
US Bancorp
Tygris Vendor Finance
Verizon Capital Corp
Volvo Financial Services
Wells Fargo Equipment Finance


Ken Bentsen
President & CEO
Securities Industry and Financial Markets Association


(Leasing News provides this ad as a trade for appraisals and equipment valuations provided by Ed Castagna)


ELFA-MFLI-25 Reports July, 2015 New Business Down
Drops $1.3 Billion from June, But Typical June-July

(Leasing News Chart)

The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Index (MFLI-25), which reports economic activity from 36 companies who are members, showed their overall new business volume for July was $8.2 billion; that's a 14% drop from June $9.5 billion, they report.

           June   July
2015    $9.5   $8.2
2014    $9.0   $7.8
2013    $8.6   $7.2
2012    $8.0   $6.6
2011    $7.3   $5.7
2010    $5.5   $5.6
2009    $5.2   $4.8
2008    $8.4   $6.8
2007    $9.1   $6.7


It is interesting to note that July has always been down from June,
except for 2010, which almost was “flat.”  A lot of this may play on
the day of the month July 4th fell, which also resulted in more or less
vacation days; also meaning many businesses want to get it done
in June before they went on vacation and thus the high month
of new business for June.

Quarterly numbers may be more meaningful than monthly numbers.

Reporting ELFA Member Companies

BancorpSouth Equipment Finance
Bank of America Merrill Lynch
Bank of the West
BB&T Bank
BMO Harris Equipment Finance
Canon Financial Services
Caterpillar Financial Services
Dell Financial Services
Direct Capital Corporation
EverBank Commercial Finance
Fifth Third Equipment Finance
First American Equipment Finance, a City National Bank Company
Frost Bank
GreatAmerica Financial Services
Hitachi Credit America
HP Financial Services
Huntington Equipment Finance
John Deere Financial
Key Equipment Finance
LEAF Commercial Capital Inc.
M&T Bank
Marlin Leasing
Merchants Capital
PNC Equipment Finance
RBS Asset Finance
SG Equipment Finance
Siemens Financial Services
Stearns Bank
SunTrust Equipment Finance Group
Susquehanna Commercial Finance
TCF Equipment Finance
US Bancorp Equipment Finance
Volvo Financial Services
Wells Fargo Equipment Finance



Roundup on Stock Market Rollercoaster on Leasing Business
  Executives around United States, Canada, and ZRG Partners

Charles Anderson
CEO, Enverto Investment Group
CEO, IMCA Capital, LLC

"The stock market uncertainty is something we will watch closely and I'm not sure how it will impact our funded volume. Our headcount and funded volume are both up 400% YoY for Q3. I believe that we are in a good position to see a record Q4. This growth is being driven by our underserved channel partnerships, not necessarily by increased customer demand."

Richard A. Baccaro
Chief Sales and Marketing Officer
Ascentium Capital LLC

"Small Business psychology does play an important role in our business but I’m not smart enough to know the impact of a quick 15-20% decline in equities means and or how long it will last.

"What I do know is that our application volume is at an all-time high (including today’s volume).

"Ascentium Capital will have steady growth in Q3 and Q4 thanks to our platform, our people, our loyal vendors and customers."

John Boettigheimer
Centra Leasing, Inc
/4 Hour Funding LLC

"I am not sure how the stock market will affect things, but app count and volume for August has been the best all year.  We are experiencing double the app count and volume from July and fundings likewise have been extremely high for August.  With summer over and everyone getting back to work as their schedules normalize, we are looking at a great month of business.

"Normally when Oil prices collapse there is a 6-9 month economic lull as the economy adjusts to lower prices.  The economy has to immediately adjust the layoffs and reductions in the resource industries like Oil and mining.  Once that adjustment is finished, the economy tends to take off.  Hopefully we are seeing that now and the stock market woes will not affect what could be a very prosperous time for all of us."

Barbara Griffith
Southern California Leasing

"My prediction is that customers will want to return to equipment financing and we will have a real competitive advantage over their banks.  Vendors that sell equipment should always offer financing as their customers will need an option.  We in the finance industry must train our vendors and understand that old technology must be replaced."

Larry Hartmann
ZRG Partners, LLC
Tri-State New York Office

"We are definitely seeing some caution for multinationals in their hiring plans. Uncertainty will impact q4 hiring levels, across sectors, as companies pause as they read the resulting impact of gdp numbers."

Paul J. Menzel, CLFP
President & CEO
Financial Pacific Leasing, Inc.,
a subsidiary of Umpqua Bank

"It is probably too early to see how the volatility in the stock market might affect business capital spending and/or consumer spending.  These are the two measures that most affect our industry.  I would like to think that the market exuberance over the last couple of years has been due to too much liquidity combined with artificially low interest rates. A correction in the stock market has been long overdue and this might be a healthy reset.

The weakness in China is a wild card since there is not much transparency in their policy making and economic reporting.  We know there is a real estate bubble but we don’t know how severe and how their economy will be able to adjust to contractions. 

“I still believe that the fundamentals in the US economy are strong and support continued growth in leasing demand.” 

David T. Schaefer, CLFP
Chief Executive Officer
Orion First Financial, LLC

"We are experiencing strong growth this quarter in both application and origination volume.  We are staying focused on expanding and servicing our partners, adding product and improving our use of technology.   We are hopeful the gyrations on Wall Street don’t distract the main street businesses."

Hugh Swandel
Managing Partner
The Alta Group

"Nothing ruins a good economy more than fear! Canada is already in a recession and our dollar is falling faster than Justin Biebers pants! In the oil rich province of Alberta machinery and equipment spending has gone from a 6.7% growth rate in 2014 to a projected 17.4% decline forecasted for 2015.

"The Canadian commercial equipment finance sector is starting to show strain – recent data from PayNet shows delinquency at levels not seen since 2008!

"In the words of your famous American philosopher, Yogi Berra – “I wish I had an answer to that because I ‘m tired of answering that question.”

Rosanne Wilson, CLFP, BPB
1st Independent Leasing, Inc.

"I really don't see the stock market affecting my business in this last push towards the fourth quarter.

"I just had a record August and it's not even done yet!  I think people have finally decided to replace their old equipment.  I knew if I waited long enough businesses would eventually have to do this.

"It is amazing how busy I am right now.  I pray it continues.  I believe it will remain brisk through the rest of the year."




Navitas Lease Corp. Makes Inc. Magazine 5000
CFO reports “this year is shaping up to be an exciting one”

Gary Shivers, President and CEO of Navitas Lease Corp., put the company's major investments in technology infrastructure and product development as the reason for his company's success. He cites a three
year growth of 888%.

Navitas has grown and recently made Inc. Magazine 5000 rating, for the second time. Headquartered in Ponte Vedra Beach, Florida, with offices in Boca Raton, Florida, Parsippany and Mount Laurel, New Jersey, Grand Island, Nebraska, Atlanta, Georgia and Columbia, South Carolina, Navitas expects continued growth.

Gary Shivers

"Our goal has been to integrate our creative financing solutions directly into the way our customers do business and we are making significant progress in achieving that directive," he said. "In addition, we continue to broaden our underwriting capability which will increase the value we bring to our equipment buyer and seller populations. Finally, as a result of our strong performance we have been extremely successful in gaining the support of the capital market community to continue to access the funding we need to fuel our growth strategies.”

Rich Pfaltzgraff, the Senior Vice President and Chief Financial Officer, said, "The majority of our growth this year was organic, which makes this accomplishment even more satisfying for us. What is also critically important to our stakeholders is that we achieved this significant growth rate without sacrificing our portfolio quality...we are confident that this year is shaping up to be an exciting one."



Top Five Leasing Company Web Sites—
in North America

(The lower the rating, the higher of the list of web sites visited
the most, according to

 Since March 25, 2015, the two top changes in the Top Five Leasing Company Websites in North America:

CIT is back at number one, with Direct Capital falling to Number two (now owned by CIT Bank).

TimePayment has fallen to number five with GreatAmerica
Financial going to number four.

CIT improved in all their categories, whereas Direct Capital fell in all.  Balboa Capital fell in their categories, with the highest of sites linking in
going from 193 to 160.

GreatAmerica had the greatest growth, going from 5:07 on the site to 6:16, USA traffic from 362,716 to 164,033, but sites linking in falling from 133 to 116.

While TimePayment numbers stayed similar to their March 25, 2015, the Time on Site increased from 2:20 to 5:18, which is quite positive.

Time on Site: 2:57
USA Alexa Traffic Rating: 48,938
WWW: 287,906
Sites Linking in: 459


Time on Site: 2:10
USA Alexa Traffic Rating: 66,768
WWW: 195,030
Sites linking in: 515

Time on Site: 2:25
US Alexa Traffic Rating: 131,505
WWW: 502,207
Sites Linking in: 160

Time on Site: 5:07
USA Alexa Traffic Rating: 164,033
WWW: 959,359
Sites Linking in: 116

Time on Site: 5:18
USA Alexa Traffic Rating: 220,315
WWW: 981,610
Sites Linking in: 45

Note: banks generally do not have a specific separate web site for their leasing division and therefore could not be rated.

To learn your company ratings, please go to and enter
your website url.

March 25, 2015 Top Five Web Sites

January 7, 2015 Top Five Web Sites:


Leasing Industry Ads---Help Wanted
Several Positions Available

For information on placing a help wanted ad, please click here:

Please see our Job Wanted section for possible new employees.



Tom McCurnin on Wall of Famous Palm Restaurant
in Downtown Los Angeles

Leasing News Legal Editor Tom McCurnin, Barton, Klugman & Oetting, is now on the famous wall of the famed Palm Restaurant at 1100 South Flower Street, Los Angeles, California.

Photos provided by Jim and Stephanie Grant.



Jeff Rudin Family Adopts Mindy
Finds a Loving Home

Labrador Retriever Mix
11 Months Old
80 Pounds

"I am already spayed, housetrained, up to date with shots, good with kids, good with dogs, and good with cats."

"My family would like to thank you for having the adopt a dog noted in Leasing News. We are proud to report we adopted Mindy (now Skye) yesterday. She's a big girl, black lab mix and super sweet. She is very easy going and we are excited to have a new addition to our family. She is getting comfortable quickly and Bentley, our yellow lab, is getting used to having another dog in the house. I'll send some photos under separate cover.

"Thanks for showing our sweet girl in last week’s Leasing News. We had never considered a rescue dog before seeing your consistent stream in Leasing News.

"We are happy to give her a loving home."

The Rudin's

"Skye fka Mindy is the black lab mix. We’re pretty certain she is half Akita. Yellow lab is our boy Bentley- 6 years old. They are getting along great. My boys, Aaron, Joey & Michael are in love with our new addition."


Plott Hound/Border Collie
Washington, DC  Adopt a Dog

Age: 2 years old
Weight: 51 lbs.
Personality: Friendly, calm, quiet, medium energy
Observations with Dogs: Good with other dogs
Observations with Cats:
Observations with Kids: Good with kids
House Training Progress:
Crate Training Progress:
Location: Needs foster
Rescued From: Cleveland Co, NC
Additional Information: Athena is new to CDR,
so we will post more information soon.

If you are interested in meeting a dog, we require an adoption application. Visit to apply

Organization Contact Info:
City Dogs Rescue
Washington, dc 20008

City Dogs Rescue is a foster based rescue in Washington, DC. We do not have a shelter. We focus on local adoptions in DC and the metro area of Maryland and Virginia. CDR has a thorough adoption process in order to find the best possible fit for each of our dogs (we do not operate under a first-come, first-served model).

Prior to arrival, all of our dogs are spayed/neutered (unless specified) and given shots for Rabies, Distemper DHPP, and Bordetella. They are tested for Heartworm, Lyme, Anaplasma, and Ehrlichia. They are dewormed at least twice and given a health check by the vet.  Most dogs will have a house training accident in the initial days in their new home and we cannot guarantee any dog is housebroken or crate trained. Our adoption fee is $395


Adopt a Pet




Financial and Sales Training 
(For our "Lease School/Franchisors" list, please click here)

These individuals act as a consultant in 75% or more of their main business, actually training staff or individuals of a leasing company. These are not schools or franchisors, which can be viewed by clicking here.

Adrian Miller
  Wheeler Business Consulting, LLC


(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)


News Briefs----

Chipotle is planning to hire 4,000 people in one day

Santa Rosa fraudster Gary Armitage out of prison

Boeing strikes back hard at Export-Import bank opponents

Elon Musk snaps up SolarCity stock purchased 123,510 shares

Gates-backed Kymeta forms partnership to bring antennas to market to revolutionize mobile reception

Subprime Impact on Auto Financing


Receivables Management LLC
John Kenny

• End of Lease Negotiations & Enforcement 
• Third-Party Commercial Collections | ph 315-866-1167

(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)



--You May Have Missed It

Here's proof that Uber is obliterating
  New York City's taxi industry


SparkPeople--Live Healthier and Longer

Diet-Friendly Alcohol Choices
Choose Wisely to Stay On Track


Baseball Poem

Hot Stove

by Two Finger Carney

Before television
People talked
And when the snows came
People talked near the hot stove

Smell the bread baking
And wonder if the Babe
Really did call that homer

Pull off your wet boots
Prop up your feet so your soles
Are toasting
And wonder how Cobb would do

Against Carl Hubbell
Or how your favorite team
Of the past
Might fare next spring

If they could be resurrected
Or coaxed out of that Iowa cornfield
Sip some hot cocoa with marshmallows
Invite the kids to join in

Was it better when the gloves were small
Or is that just nostalgia?
For your own youth?
Could Canseco have started

For the '27 Yankees
And should games in which
The first hit is yielded in the 10th
Count as a no-hitter?

Steer clear of religion and politics
And players' salaries
And the afternoon can go on
Until sundown

Was the best-pitched game
The double no-no by Vaughn and Toney
Or Walsh's 1-0 loss to Joss' perfecto / Or the iron man duel between Burdette and Haddix?
And how come no one hits .400 any more?

The stoves are in junk yards or museums now, forever cool
But the questions live on
Talking baseball
Beats most things on TV
That is
When there's no game to watch




Sports Briefs----

Michael Vick signs with Pittsburgh Steelers

Reggie Wayne Will Try to Defy Age With Patriots

"Mercedes-Benz" Name of new Atlanta Falcon's Stadium

NFL is foreign to Jarryd Hayne; skills needed to survive there are not

IndyCar driver Wilson saves 6 lives by donating organs


California Nuts Briefs---

Lake County blaze fully contained after
   scorching 25,000 acres


Transit advocates, riders celebrate Sacramento light rail south line opening

Office Lease Up (Aug. 24) Pinterest to Fully Occupy New 150,000-SF Development

LA City Council Approves Uber, Lyft at Airport

Mount Umunhum: Big step in opening former Silicon Valley military base to public

Pleasanton abalone diver dies off Mendocino Coast

California cardinal accused of drunken driving in Hawaii

Man crushed to death by armored tank on Jelly Belly CEO's property


“Gimme that Wine”

Winery Profitability Expected to Increase
-- Grape Supply Tightens: Financial Symposium Survey

New study gives clear picture of Walla Walla Valley vineyards

11th International Terroir Congress coming to Oregon in July 2016

The Last Rosé of Summer

Black women ‘humiliated’ after getting kicked off Napa Valley Wine Train

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in American History

     1791 - John Fitch was granted a patent for a steamboat after a dispute on the invention, but it wasn't until 1814 that Fulton and Livingston started
steam boating when they began to offer regular steamboat service between New Orleans and Natchez, Mississippi. The boats traveled at the rates of eight miles per hour downstream and three miles per hour upstream. It revolutionized commerce in the area, eventually spreading up the entire Mississippi and other tributaries.
    1839 - The slave ship Amistad was captured off Long Island. The U.S.S. Washington, a U.S. Navy brig, seized the Amistad York, and escorted it to New London, Connecticut.
    1847 - Liberia was proclaimed an independent republic. Freed American slaves founded Liberia. They modeled their constitution after that of the US, copied the US flag, and named their capital Monrovia, after James Monroe, who financed early settlers. Over the decades, 16,400 former slaves made the voyage. They assumed that the 16 native tribes were there to be exploited.
    1862 - The stage is set for the Second Battle of Bull Run when Confederate cavalry under General Fitzhugh Lee enter Manassas Junction and capture the rail center. It was the culmination of an offensive campaign waged by Confederate Gen. Lee’s Army of Northern Virginia against Union Gen. Pope’s Army of Virginia of a much larger scale and numbers than the First Bull Run fought on July 21, 1861 on the same ground. Confederate Gen. Stonewall Jackson captured the Union supply depot at Manassas Jct, threatening Pope's line of communications with Washington, DC. Withdrawing a few miles to the northwest, Jackson took up defensive positions on Stony Ridge. On August 28, 1862, Jackson attacked a Union column just east of Gainesville, resulting in a stalemate. On that same day, the wing of Lee's army commanded by Maj. Gen. Longstreet broke through light Union resistance and approached the battlefield. Pope became convinced that he had trapped Jackson and concentrated the bulk of his army against him. On August 29, Pope launched a series of assaults against Jackson's position. The attacks were repulsed with heavy casualties on both sides. At noon, Longstreet arrived and took position on Jackson's right flank. On August 30, Pope renewed his attacks, seemingly unaware that Longstreet was on the field. When massed Confederate artillery devastated a Union assault by Maj. Gen. Fitz John Porter’s V Corps, Longstreet's wing of 25,000 men in five divisions counterattacked in the largest simultaneous mass assault of the war. The Union left flank was crushed and the army was driven back to Bull Run. Only an effective Union rear guard action prevented a replay of the First Bull Run defeat.  The result was a major victory for the Confederacy.
    1865 - Civil War ends with naval strength over 58,500 men and 600 ships.
    1867 - The National Teachers Association was organized at a national convention attended by representatives of state teachers' associations, who met in the Hall of the Controllers of the Public Schools in Philadelphia, PA. The organization was intended “to elevate the character and advance the interest of the profession of teaching and to promote the cause of popular education in the United Sates. John L. Enos was chairman. At the conventional held in Cleveland, OH on August 15, 1870, the name was changed to the National Education Association.
    1873 - The birthday of Lee DeForest (1873-1961) at Council Bluffs, IA.  A brilliant inventor whose inventions include the electron tube, radio knife for surgery and the photoelectric cell, he was also a pioneer in the creation of talking pictures and television. Lee was holder of hundreds of patents but perhaps is best remembered by the moniker he gave himself in the title of his autobiography, “Father of Radio,” published in 1950. So unbelievable was the idea of wireless radio broadcasting that De Forest was accused of fraud and arrested for selling stock to underwrite his invention that would become an essential part of daily life.
    1873 - The first public school kindergarten class started this day by the Board of Education of St. Louis, MO, and officially opened September, 1873 in the Des Peres School, with an enrollment of 42. Susan Elizabeth Blow was the teacher. Dr. William Torrey Harris was the superintendent of schools. The concept first started in Germany, thus the name of this organized and public “pre-school” class.
    1874 - Birthday of Zona Gale (1874-1938) in Portage, WI.  She was the first woman to have a play on Broadway and the first woman to win the Pulitzer (1921) for drama. An ardent feminist and activist, her writing style evolved throughout her life and her later works appear to be the works of a different writer.
    1883 - The biggest explosion in history, the eruption of the Indonesian volcanic island, Karakatoa (Krakatau), was heard 3,000 miles away, created tidal waves 120 feet high, killed 36,000 people, hurled five cubic miles of earth fragments into the air (some to a height of 50 miles) and effected the oceans and the atmosphere for years.
    1896 - Besse Berry Cooper (1896-2012) was born in Sullivan County, TN. She was an American supercentenarian who was the world’s oldest living person from June 21, 2011, until her death. She was, at the time of her death, the 8th oldest verified person ever and one of only eight people verified to have lived to the age of 116.
    1901 - The New Testament of the ASV (American Standard Version) Bible was first published. This U.S. edition of the 1881 English Revised Version (ERV) comprised the first major American Bible translation since the King James Version of 1611.
    1901 – A major figure of the Viet Nam era, Gen. Maxwell Taylor (1901-87) was born in Keytesville, MO.
    1903 - Singer Jimmy Rushing’s (1901-72) birthday, Oklahoma City.
    1904 - Birthday of Christopher Isherwood (1904-86) at High Lane Cheshire, England.  He lived in the Pacific Palisades when I was growing up and we ran into him often in coffee shops with his close male companion. Isherwood was an author of short stories, plays and novels.  The play and motion picture “I am a Camera” and the musical “Cabaret” were based on the short story, “Sally Bowles” in his collection from the 1930's titled “Goodbye to Berlin,” which contained the line, “I am a camera with its shutter open, quite passive, recording not thinking”.
    1906 - Birthday of American medical researcher Albert Bruce Sabin (1906-71), at Bialystok, Poland. He is most noted for his oral vaccine for polio, which replaced Jonas Salk's injected vaccine because Sabin's provided lifetime protection. He was awarded the US National a Medal of Science in 1971.
    1909 – The Cuban Giants, of Trenton, NJ, were the first all-black professional baseball team and they played in the Middle States League.  2B William Bradford was killed by a bolt of lightning while playing a game, as the electricity carried through his spikes, ending his life at age 23.
    1909 – “Jock Ewing”, actor Jim Davis (1909-81) was born in Edgerton, MO.  Davis had the role as the head of the Ewing family in the CBS series “Dallas” (1978-91).  Before that, his film and TV resume includes dozens of mostly in supporting roles.
    1912 – Walter Johnson’s 16-game winning streak ends under American League rules of the time. Against the St. Louis Browns, he relieved with one out and two on in the 7th inning of a tie game. The two runners scored on a single and the Nationals lost, 4-3. The two runs are charged to Johnson, not Hughes, giving him the defeat. Under the National League’s rules, and those of today, Johnson would not be charged with the loss. After the season, AL president Ban Johnson changed the rule to conform with the senior circuit but the damage was done and the streak ended.
    1920 - The 19th Amendment was certified and became part of the US Constitution. Known as the Woman's Equality Act, it prohibits discrimination on the basis of sex with regard to voting. It was a long time coming, actually submitted in 1868 to Congress and at intervals thereafter without much success. It actually passed the Congress on May 21, 1919, and by the Senate on June 4. It was ratified by Illinois, Wisconsin, and Michigan on June 10. Tennessee was the 36th state to ratify, on August 18, thus completing the necessary three-quarters of the states to put the amendment into effect. Not all the states ratified this amendment, by the way, while there were states that allowed women to vote in state and local elections, but not national elections.
    1921 – Ben Bradlee (1921-2014), former Executive Editor of The Washington Post during Watergate, was born in Boston.  He became a national figure during the presidency of Richard Nixon when he challenged the federal government over the right to publish the Pentagon Papers and oversaw the publication of Woodward’s and Bernstein’s stories documenting the scandal that eventually forced Nixon’s resignation.
    1924 - Birthday of singer Frances Wayne (1924-78) was born Clara Bertocci at Boston, MA.
    1934 – Tom Heinson was born in Jersey City, NJ.  He has been associated with the Boston Celtics for six decades as a player, coach and broadcaster. He played for the Celtics from 1956 to 1965, winning 8 NBA titles, and coached the team from 1969 to 1978, winning two NBA titles.  He is one of only four NBA Hall of Famers to be so honored as both a player and coach.
     1937 - Pumping of bay sand to build Treasure Island in San Francisco Bay is finished. The original intention was to become the city’s airport, but holding the city's third World’s Fair took precedence.   During World War II, the Navy seized the island and built a Naval Air Station that operated through 1997.
    1927 - Birthday Annie Turner Wittenmeyer (1827-1900) in Adams County, OH, who spent at least $130,000 of her own money and personally carried food and supplies to the front and to wounded soldiers in hospitals during the Civil War. She developed special diet kitchens for army hospitals because the food was so bad.
    1939 - The first Major League baseball game to be shown on television was a double-header played at Ebbetts Field between the Cincinnati Reds and the Brooklyn Dodgers. Both games were televised by station W2XBS, New York City, using two cameras that alternated according to the play. During the intermission, there were appearances by Leo Durocher, manager of the Dodgers, William McKechnie, manager of the Reds, and several players. Hall of Fame broadcaster Walter Lanier “Red” Barber was the announcer.
    1943 - Birthday of Charles Isbell, Sr., author of “This Day in Black History”, Chattanooga, Tennessee.
    1943 - William Dawson elected Black Democratic Party vice-presidential candidate.
    1946 - Birthday of composer, singer and producer Valerie Simpson Ashford in The Bronx.  With husband Nick Ashford (1941-2011) they were a husband-and-wife songwriting-production team and recording artists.  Their compositions were recorded by Ronnie Milsap, ("Never Had It So Good"), Maxine Brown ("One Step at a Time"), The Shirelles and Chuck Jackson. Another of their songs, "Let’s Go Get Stoned", gave Ray Charles a number one U.S. R&B hit in 1966. That same year, Ashford & Simpson joined Motown where their best-known songs included "Ain’t No Mountain High Enough", "You’re All I Need to Get By", "Ain’t Nothin Like the Real Thing", and "Reach Out and Touch (Somebody’s Hand) ". Ashford and Simpson wrote many other hit songs, including “I’m Every Woman” (1978) and "Is It Still Good to You?"  As performers, Ashford & Simpson's best-known duets are "Solid (As a Rock)" and "Found a Cure" (1979). They were inducted into the Songwriters Hall of Fame in 2002, recipients of The Rhythm & Blues Foundation's Pioneer Award in 1999, and ASCAP’s highest honor, the Founder's Award, which they received on March 18, 1996. 
    1947 - Don Bankhead became the first black pitcher in the Majors. The Brooklyn Dodger hurler helped his own cause by slamming a home run in his first appearance at the plate.
    1950 – Dodgers’ C Roy Campanella hit three home runs in a 7 - 5 win over the Reds at Crosley Field.
    1950 - HANDRICH, MELVIN O., Medal of Honor.
Rank and organization: Master Sergeant, U.S. Army, Company C, 5th Infantry Regiment. Place and date: Near Sobuk San Mountain, Korea, 25 and 26 August 1950. Entered service at: Manawa, Wis. Born: 26 January 1919, Manawa, Wis. G.O. No.: 60, 2 August 1951. Citation: M/Sgt. Handrich, Company C, distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action. His company was engaged in repulsing an estimated 150 enemy who were threatening to overrun its position. Near midnight on 25 August, a hostile group over 100 strong attempted to infiltrate the company perimeter. M/Sgt. Handrich, despite the heavy enemy fire, voluntarily left the comparative safety of the defensive area and moved to a forward position where he could direct mortar and artillery fire upon the advancing enemy. He remained at this post for 8 hours directing fire against the enemy who often approached to within 50 feet of his position. Again, on the morning of 26 August, another strong hostile force made an attempt to overrun the company's position. With complete disregard for his safety, M/Sgt. Handrich rose to his feet and from this exposed position fired his rifle and directed mortar and artillery fire on the attackers. At the peak of this action he observed elements of his company preparing to withdraw. He perilously made his way across fire-swept terrain to the defense area where, by example and forceful leadership, he reorganized the men to continue the fight. During the action M/Sgt. Handrich was severely wounded. Refusing to take cover or be evacuated, he returned to his forward position and continued to direct the company's fire. Later a determined enemy attack overran M/Sgt. Handrich's position and he was mortally wounded. When the position was retaken, over 70 enemy dead were counted in the area he had so intrepidly defended. M/Sgt. Handrich's sustained personal bravery, consummate courage, and gallant self-sacrifice reflect untold glory upon himself and the heroic traditions of the military service.     
    1951 - At the Polo Grounds, Chuck Connors, later TV’s “The Rifleman”, clubbed his 2nd and last major league homer, a three-run shot off the Giants’ Sal Maglie in the 9th to give the visiting Cubs a temporary 4-4 tie. The Giants took the nightcap, 5-1, to run their victory streak to 14 games. Willie Mays electrified the crowd in the 6th by singling, advancing on a balk and a short fly, and stealing home. The Giants now trail the Dodgers by six games a week after trailing by 13.5 games.
    1957 - The theme from the movie “Tammy and the Bachelor”, called simply "Tammy" by Debbie Reynolds sat at the top of both the Billboard record chart and Cashbox Magazine's best sellers list. Debbie was accompanied by only a piano on the single release, but the movie version included a full orchestra.
    1957 - The Ford Motor Company rolled out the first Edsel automobile. 110,847 of the cars were built before Ford pulled the plug due to lack of sales. The car was named Edsel for the company founder's son, Edsel Bryant Ford.
    1960 - Birthday of musician Branford Marsalis, Breaux Bridge, LA.
    1961 - The NHL Hockey Hall of Fame opened in Toronto, Canada.
    1961 – Roger Maris, on the way to a record 61, hit his 51st HR, the most homers in Major League history at this point in the season.
    1964 - Lyndon Baines Johnson was nominated at Democratic convention in Atlantic City, NJ, after assuming the presidency upon the death of John F. Kennedy in 1963.  Senator Hubert Humphrey of Minnesota was nominated for the vice-presidency. The Gulf of Tonkin Resolution, a joint resolution approving US action in Southeast Asia, was passed by Congress less than twenty days earlier. In September, the Warren Commission would report the assassination of John F. Kennedy was by one lone person, Lee Harvey Oswald, and that Jack Ruby, convicted murdered of Oswald, had had no prior contact with Oswald. In November, Johnson would gain 486 electoral votes over Sen. Barry M. Goldwater, 52, with a popular vote split of 43,126,506 to 27,176,799. The Democrats would gain one senate seat for a 68-32 majority, and 37 House seats for a 296-140 majority. Johnson would think it was his “hawk” stand and being a “leader” that got him the position, not the television ads of the atomic bomb explosions that told this would happen if Goldwater were chosen. The death of JFK was still in everyone's mind, and Johnson being sworn in with Jackie Kennedy on the airplane was vivid.
    1966 - 13th Floor Elevator, Grace Slick and the Great Society, and Sopwith Camel at the San Francisco Fillmore Auditorium.
    1966 - After seeing a caricature of himself on the scoreboard, an angry Leo Durocher calls the Astrodome's press box to have it removed. When nothing is done, the enraged Cubs manager rips the phone out of the dugout wall and tosses it onto the infield.
    1967 - The Beatles followed their favorite new lecturer, the Maharishi Mahesh Yogi, to University College in Bangor, North Wales, along with Mick Jagger and his girlfriend, Marianne Faithfull. After his lecture the group, he held a press conference to announce that they've become his disciples in the "Spiritual Regeneration Movement" and officially renounced the use of all drugs.
    1967 - DAY, GEORGE E., Medal of Honor.
Rank and organization: Colonel (then Major), U.S. Air Force, Forward Air Controller Pilot of an F-100 aircraft. Place and date: North Vietnam, 26 August 1967. Entered service at: Sioux City, Iowa. Born: 24 February 1925, Sioux City, Iowa. Citation: On 26 August 1967, Col. Day was forced to eject from his aircraft over North Vietnam when it was hit by ground fire. His right arm was broken in 3 places, and his left knee was badly sprained. He was immediately captured by hostile forces and taken to a prison camp where he was interrogated and severely tortured. After causing the guards to relax their vigilance, Col. Day escaped into the jungle and began the trek toward South Vietnam. Despite injuries inflicted by fragments of a bomb or rocket, he continued southward surviving only on a few berries and uncooked frogs. He successfully evaded enemy patrols and reached the Ben Hai River, where he encountered U.S. artillery barrages. With the aid of a bamboo log float, Col. Day swam across the river and entered the demilitarized zone. Due to delirium, he lost his sense of direction and wandered aimlessly for several days. After several unsuccessful attempts to signal U.S. aircraft, he was ambushed and recaptured by the Viet Cong, sustaining gunshot wounds to his left hand and thigh. He was returned to the prison from which he had escaped and later was moved to Hanoi after giving his captors false information to questions put before him. Physically, Col. Day was totally debilitated and unable to perform even the simplest task for himself. Despite his many injuries, he continued to offer maximum resistance. His personal bravery in the face of deadly enemy pressure was significant in saving the lives of fellow aviators who were still flying against the enemy. Col. Day's conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty are in keeping with the highest traditions of the U.S. Air Force and reflect great credit upon himself and the U.S. Armed Forces.
    1967 - Jimi Hendrix's “Purple Haze” was released. Are You Experienced? (1968) is the greatest psychedelic blues ever conceived. Classic Albums:  “The Jimi Hendrix Experience” - Electric Ladyland DVD. Great footage of Hendrix and The Experience. This DVD is a rare insight into one of the truest musical genius of the 20th century.
    1968 - The first national political convention to propose African-Americans for the offices of President and Vice-President took place at the Democratic convention in Chicago.  Rev. Channing Emery Phillips of Washington, DC received 67.5 of the 2,622 votes. Julian Bond of Atlanta was nominated on August 29, but declined, as he did not fulfill the necessary age requirement. Once considered the rising star on the political arena, he all but disappeared from national view and died Aug. 15, 2015.
    1968 - Jeannie C. Riley's "Harper Valley P.T.A." is certified Gold.
    1968 - Democratic Party Convention in Chicago: Yippie activist Abbie Hoffman protested a decision to forcibly drive people out of the park. Tom Hayden was arrested in the afternoon for a certain squad car incident. Hoffman and Jerry Rubin allegedly urged demonstrators to hold Lincoln Park. Rennie Davis urged demonstrators "Don't let the pigs take the hill (high ground near a statue in the park)". About 3,000 demonstrators gathered chanting, singing songs, and talking and were attacked by police with clubs and tear gas after the 11 pm curfew.  Meanwhile, Mayor Richard Daley opened the Democratic National Convention.
    1968 - The Beatles releases "Hey Jude" b/w "Revolution"
    1969 - Although Elvis Presley has written a soprano part for backup singer Cissy Houston during "Are You Lonesome Tonight?", her actual live performance of it tonight at the International Hotel in Vegas strikes Elvis as amazingly funny for some reason, leading to a collector's classic: a performance where the King cannot stop laughing. "That's it, man, fourteen years right down the drain," he jokes as the song ends.
    1970 - In San Francisco, the Isle of Wight Pop Festival was underway.  Jimi Hendrix made his last public appearance. Other Isle of Wight artists included The Who, John Sebastian, Donovan, Ten Years After, The Doors, Moody Blues, Kris Kristofferson, Miles Davis, Leonard Cohen, Tiny Tim, Emerson, Lake and Palmer, Joan Baez and Jethro Tull.
    1970 - Jimi Hendrix opened his recording studio in New York City. Because of its state-of-the-art 36-track recording capability, it attracted many top rock groups.
    1970 - After an all-night jam, the Allman Brothers' Duane Allman asks Eric Clapton if he can attend the recording sessions for his new group, Derek and the Dominoes. Clapton agrees, only on the condition that Allman also play on the sessions.
    1970 – Betty Friedan (1921-2006) led the feminist movement to a nationwide Women’s Strike for Equality.  Her 1963 book, “The Feminist Mystique” is often credited with sparking the second wave of American feminism in the 20th century. In 1966, Friedan co-founded and was elected the first president of the National Organization for Women (NOW), which aimed to bring women "into the mainstream of American society now [in] fully equal partnership with men".  In 1970, after stepping down as NOW's first president, Friedan organized the nationwide Women’s Strike for Equality on the 50th anniversary of the Nineteenth Amendment granting women the right to vote. The national strike was successful beyond expectations in broadening the feminist movement; the march led by Friedan in New York City alone attracted over 50,000 women and men. In 1971, Friedan joined other leading feminists to establish the National Women’s Political Caucus. Friedan was also a strong supporter of the proposed Equal Rights Amendment to the United States Constitution that passed the United States House of Representatives (by a vote of 354–24) and Senate (84–8) following intense pressure by women's groups led by NOW in the early 1970s. Following Congressional passage of the amendment, Friedan advocated for ratification of the amendment in the states and supported other women's rights reforms: she founded the National Association for the Repeal of Abortion Laws but was later critical of the abortion-centered positions of many liberal feminists.     
    1978 - Italian Cardinal Albino Luciani, 65, was elevated to the papacy as John Paul I. His unexpected, and to some, suspicious, death only 34 days later left a profound sadness for millions of people who had been drawn to him by his warm personality.
    1978 - Nearly sixteen years after he topped the US record charts with "Sherry", Frankie Valli had the number one song again, with the title track from the musical “Grease”. It went on to sell over 2 million in the States and was also a #3 hit in the UK.
    1980 - Kansas City Royals 3B George Brett raised his batting average to .407 with four singles and a double in 5 at-bats.
    1981 - The Mayor of Ottawa, Ontario, Canada, Marion Dewar, declared today "Paul Anka Day" in honor of its native son.
    1987 - The Fuller Brush Company announced plans to open two retail stores in Dallas, TX. This was a first for the company that had sold its products door to door for 81 years.
    1987 - Sonny Bono (1935-98), who once said that he never voted until age 53, announced that he was running for Mayor of Palm Springs, California. Sonny said he was frustrated over the red tape he faced for a remodeling project at his Italian restaurant. He would win the election in 1988 and serve until 1992. He failed in a Senate race later that year, but won a seat in Congress in 1996. Bono died in a skiing accident on January 6th, 1998, at the age of 62.
    1988 - A dozen cities in Texas, Colorado and California reported record high temperatures for the date, including readings of 100 degrees at Pueblo, CO, 106 degrees at Wichita Falls, TX, and 109 degrees at Redding, CA. Afternoon thunderstorms in Utah deluged the town of Beaver with more than an inch of rain in twenty minutes.
    1990 – In his first game after six weeks on the DL, Kansas City’s Bo Jackson homered in his first at bat, off later Hall of Famer Randy Johnson, to tie a Major League record with four consecutive homers. Bo added a single and double as KC rolled by Seattle, 8-2.
    1992 - A no-fly zone was imposed on southern Iraq. Operation Southern Watch was orchestrated by the United States, France and Britain. The campaign supported U.N. Security Council resolutions containing Iraq, protecting Kuwait, and keeping pressure on Saddam Hussein's Iraqi regime.
    1996 - With ten year, $20 million deal, Pro Player, the sports apparel division of Fruit of the Loom, becomes the first sports marketing and products company to have its name used as the moniker for a stadium. The renaming of Joe Robbie Stadium, the home of the Florida Marlins, to Pro Player Stadium sparks controversy as many Miamians believe the name of the benefactor, whose name will be removed, should still be included due to his generosity and efforts to fund the original project.
    2002 - The first video streaming coverage of a Major League baseball game takes place on the internet. Approximately 30,000 fans visit to see the Yankees defeat the Rangers, 10-3.
    2002 - Derek Jeter becomes only the third player to score at least 100 runs in his first seven major league seasons. The Yankees' shortstop joins Hall of Fame outfielders Ted Williams (Red Sox, 1939-49) and Earle Combs (Yankees, 1925-32) as the only big leaguers to accomplish the feat.
    2003 - Rolling Stone Magazine named Jimi Hendrix as the greatest guitarist in Rock history. Eric Clapton, Jimmy Page, Keith Richards, Chuck Berry, Stevie Ray Vaughan and Ry Cooder also made the top 10.
    2005 - A post office in Los Angeles was renamed after singer Ray Charles due to its close proximity to the studio where he recorded later in life.
    2014 - Burger King Worldwide Inc. acquired Canadian restaurant chain Tim Hortons Inc. for US$11B and moved its headquarters to Canada. The merger created the third-largest global fast food company, Restaurant Brands International.





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