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Monday, August 10, 2020

Today's Leasing News Headlines

Post a Free Ad that You are Looking
    Limited to 100 Words
Top Ten Leasing News
    August 3 - August 7
Chesswood Announces Q2 2020 Results
    and COVID Update ($20,367,000 six month loss before taxes)
Leasing Industry Ads
    ---Help Wanted
Financing Cannabis Funding Sources
     Many Work with Third Party Originators
Uber's Ride Business Tanks as Food Delivery Booms chart
     Uber’s gross bookings  Q 2019   Q 2020
Annual Foreign Investment in American Home Sales Falls
    By Andy Beth Miller,
Big Four U.S. Banks Report Widespread Loan Deferral
America's Brewery Boom
    Number of breweries in the U.S. from 1976 to 2019
New York State Attorney General James Refuses
    to Back Down in Fight Against NRA
California DBO Continues to Monitor
    Face Guidance Covering Compliance
    Austin, Texas   Adopt a Dog
Your Dog Advisor
  The Benefits of Platform Training
National Vehicle Leasing Association Winds of Change
     Virtual 2020 Conference October 14-16
News Briefs---
Administration Officials Defend Executive Action on Pandemic
   Relief siphoning of aid from an active hurricane season federal fund
Coronavirus update:
      U.S. infections surpass 5 million
You May have Missed---
Millions of Evictions Are a Sharper Threat
    as Government Support Ends

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
Leasing News Icon for Android Mobile Device

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

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




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Top Ten Leasing News
August 3 - August 7

(Stories most opened by readers)

(1) I forgot my mask…

(2) Remember the Good Old Days...

(3) Leasing News Funder List “A”

(4) New Hires/Promotions in the Leasing Business
    and Related Industries

(5) Financial Partners Corp (FPC) Restructures
    and Rebrands as Financial Partners GROUP (FPG)

(6) I Can’t Remember…

(7) Are you an Equipment Leasing’s version
        of Blockbuster Video?
    Observations from the Front Porch by Jim Acee

(8) Six-Month Numbers/Categories  End of June 2020
    Commercial Equipment Leasing and Finance Associations

(9) North Mill Achieves New Record
    as July Originations Hit All-Time High

(10) Specific Examples
    Sales Makes it Happen by Scott Wheeler, CLFP


Leasing Industry Help Wanted



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

Chesswood Announces Q2 2020 Results
and COVID Update ($20,367,000 six month loss before taxes)

Announces:  Significant Number of COVID-19 Deferral Accounts Resume Regular Monthly Payments

TORONTO, /CNW/ - Chesswood Group Limited ("Chesswood" or the "Company") (TSX: CHW), a North American commercial equipment finance provider for small and medium-sized businesses, today reported its results for the second quarter and six months ended June 30, 2020 and provides a COVID-19 update.

Ryan Marr, Chesswood's President and CEO, said, "Our U.S. and Canadian teams worked diligently throughout the quarter to ensure customers successfully returned to making their regular monthly payments after the expiration of payment accommodation.

"As a result of this successful effort, we were able to reverse a meaningful amount of our allowance for credit losses recognized in Q1.  Excluding one-time items associated with the management transition, free cash flow remained strong for the quarter resulting from our strong collections effort and expense control."

"Although charge-offs are likely to remain above 2019 levels for the remainder of the year, we are encouraged by the incremental improvement we have seen throughout Q2.  Our portfolio today has a higher proportion of prime credits than at any time in the company's history, currently at 66% of total.  We believe this positioning will support profitability as we move through COVID throughout the remainder of the year" added Marr.

At the end of June, COVID-19 related deferrals at our Pawnee Leasing subsidiary declined to 12% of portfolio accounts representing 15% of portfolio value of our customer base, with approximately 50% of COVID deferred accounts resuming their regular monthly payments in June and less than one-third of the deferred accounts left at the end of July.  Blue Chip Leasing deferrals ended the quarter at 12% of the portfolio accounts representing 21% of portfolio value.

For Pawnee customers that have required further assistance, we have introduced phase 2 accommodation programs.  These customers have agreed to some level of monthly payment, albeit at a lower level.  Approximately 5% of our portfolio accounts have subscribed to these programs.
As outlined in Q1, discussions with customers take place on a one-on-one basis.  Our long history in collections provides us with the necessary tools to successfully work with our customers in the current environment. 

Adjusted Operating Income is not a recognized measure under International Financial Reporting Standards and do not have a standard meaning. Accordingly, this measure may not be comparable to similar measures presented by other issuers. Please refer to the Company's Management Discussion and Analysis in Chesswood's 2020 Second Quarter Report for additional information concerning these measures and a reconciliation of these measures to the Company's consolidated income before taxes.

Through three wholly-owned subsidiaries in the U.S. and Canada, Chesswood Group Limited is North America's only publicly-traded commercial equipment finance company focused on small and medium-sized businesses. Our Colorado-based Pawnee Leasing Corporation, founded in 1982, finances a highly diversified portfolio of commercial equipment leases and loans through relationships with over 600 independent brokers in the U.S. In Canada, Blue Chip Leasing Corporation has been originating and servicing commercial equipment leases and loans since 1996, and today operates through a nationwide network of more than 50 independent brokers. Located in Houston, Texas, Tandem Finance Inc. provides equipment financing to small and medium-sized businesses in the U.S. through the equipment vendor channel. Based in Toronto, Canada, Chesswood's shares trade on the Toronto Stock Exchange under the symbol CHW.

Learn more at: and


Financing Cannabis Funding Sources
  Many Work with Third Party Originators

Alliance Commercial Capital
Cannabis Equipment Leasing
International Financial Services (IFS)
Number One Enterprise
Prime Commercial Lending
Vertical Companies
XS Equipment Leasing Solutions

Full Listing:



Uber reported its results for the second quarter, beating revenue expectations while revealing another massive loss. The report also revealed an interesting shift in Uber's business during a time of massively restricted mobility due to the coronavirus pandemic. The company's food delivery segment surpassed its core ride-hailing business for the first time as the latter saw gross bookings plummet by 75 percent and the former more than doubled in size.

"We are fortunate to have both a global footprint and such a natural hedge across our two core segments: as some people stay closer to home, more people are ordering from Uber Eats than ever before,” Dara Khosrowshahi, Uber’s chief executive, said in the company’s earnings press release.

With gross bookings of $10.2 billion for the quarter ended June 30, Uber’s revenue amounted to $2.2 billion. Meanwhile net losses amounted to $1.8 billion, including $131 million in stock-based compensation expense and $382 million in restructuring and related charges.

By Felix Richter, Statista



Annual Foreign Investment in American Home Sales Falls
By Andy Beth Miller,

The National Association of Realtors (NAR) recently released results from a survey that showed America experienced a 5% decrease in annual foreign investment in home sales. According to survey data, foreign buyers invested $74 billion in the direct purchase of existing homes during the year spanning April 2019 through March 2020. This represents a 5% decline from one year ago and marks the second year in a row that there was a decline in foreign investment in United States residential real estate.

National Association of Realtors Chief Economist Lawrence Yun commented on the decline, citing possible factors attributing to it: "Foreign buyers and recent immigrants have become less of a force in the United States housing market over the last couple of years. A lack of housing inventory–the primary factor hindering domestic buyers–is also holding back some foreign buyers. Additionally, less cross-border travel, falling international trade and fewer foreign students attending American universities are impacting foreign homebuyers."

Other statistics highlighted in National Association of Realtors report included the fact that China and Canada ranked among the top two spenders in America's residential sales dollar volume, posting $11.5 billion and $9.5 billion, respectively. This duo has managed to maintain these top positions since 2013. 

Fast on China and Canada’s heels were Mexico ($5.8 billion), India ($5.4 billion), and Colombia ($1.3 billion). Among these top five spenders, China was the only one that spent less than the year prior (down from $13.4 billion last year to $11.5 billion this year). The major "upset" within this group was Colombia, which ousted the United Kingdom from its previous fifth place roost.

Yun also shared his predictions for what to expect in the coming days: "In the upcoming year, better opportunities may become available for foreign buyers in large cities like New York and San Francisco. New patterns of domestic migration are trending away from expensive cities to more affordable suburbs and small communities because of the pandemic and greater work-from-home possibilities."



Big Four U.S. Banks Report Widespread Loan Deferral

As homeowners and other borrowers seek debt relief during the coronavirus pandemic, America’s four largest banks report at least $151.5 billion in loans with payments in deferral at midyear, Bloomberg L.P. reported.

JPMorgan Chase & Co.Bank of America Corp.Citigroup Inc., and Wells Fargo & Co. disclosed deferral details within their second-quarter filings with the U.S. Securities Exchange Commission.

Stephen Lubbers for Bloomberg L.P., noted, “Uncertainty over the length of the pandemic and resulting economic crisis have made it difficult for banks to determine how many loans are likely to sour.

“JPMorgan, Bank of America, Citigroup, and Wells Fargo set aside more than $32 billion for loan losses in the second quarter, close to a record, signaling that relief programs may not be enough to stave off a flood of bad debt.”

Deferral programs differ among account types and banks. JPMorgan Chase & Co., for example, has offered clients rolling, three-month deferrals for up to a year on residential mortgages.
The four biggest U.S. banks vary on how they report payment deferrals and loan modifications, and the total balance of financing with deferred payments is likely higher than the aforementioned $151.5 billion.

Deferrals on residential mortgages and home-equity loans were a common theme for all four banks. The majority of Wells Fargo’s consumer deferrals were on a combined $35 billion of first and second mortgages, representing 12% and 10% of each loan type, respectively. Almost 9% of JPMorgan’s residential real estate portfolio was subject to payment deferrals, representing nearly three-quarters of the total $28.3 billion of consumer loans in deferral.

Wells Fargo reported $44.2 billion of consumer loans in deferral at midyear. The bank reported only that it modified $38.2 billion of commercial loans without disclosing the amount remaining in deferral by June 30.

Citigroup modified about $20 billion of consumer loans globally as of June 30. Bank of America, which provided figures as of July 23, was deferring payments on $7.7 billion in commercial loans and $28.5 billion in consumer and small-business debt.

Last spring, reportedly, millions of households narrowly avoided financial devastation thanks to the banks' rapidly rolled-out forbearance programs, part of an effort to avert a massive wave of defaults by borrowers who began losing income when states locked down commerce to slow the virus.



Like many other businesses, America's breweries are desperately trying to stay afloat in the sea of economic devastation brought along by the pandemic. Shuttered restaurants and pubs have hit sales hard, taproom transactions have evaporated and the distribution of kegs has ceased. A Daily Beast article from May warned that 3,600 of America's breweries could go out of business and that coronavirus could kill craft beer. Fast forward to August and it seems reports of craft beer's demise have been greatly exaggerated.

While the Brewers Association's midyear report does indeed shows that the U.S. beer scene is facing an unprecedented challenge, it certainly does not appear to be the doomsday scenario some were expecting a few months ago. Volumes declined 10 percent during the first six months of the year compared to 2019 while the brewery count has grown by 737. That is slower than the 1,000 new breweries added by mid-year 2019 but still an impressive performance given the current situation. The Brewers Association has also said that its planning membership has slipped 14 percent in the first half of 2020 but that thousands of entrants are still hoping to establish breweries, pointing towards the current challenge being a temporary one.

This International Beer Day, entrenched brewers can surely take heart from the incredibly successful decade they just put behind them which serves as proof that it will take more than the coronavirus to kill craft beer. Historically, the U.S boasted 4,144 breweries in 1873, a number that fell drastically by the middle of the 20th century. After Prohibition, the brewery count grew extremely slowly and as recently as the 1970s, the country had fewer than 100 functional breweries. 1978 was particularly poor with the count falling to just 89. Amid the craft beer explosion, such a low number is unthinkable now.

Up until the pandemic, the biggest problem thirsty revelers were the near infinite number of beers to choose from. According to the Brewers Association, the brewery count has grown spectacularly over the past 10 years. In 2006, the U.S. had 1,460 of them and by 2019; the count had skyrocketed to 8,386. As difficult as the current situation is, blockbuster growth in recent years serve as cause for optimism once the coronavirus storm is finally weathered.

By Niall McCarthy, Statista



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

New York State Attorney General James Refuses
to Back Down in Fight Against NRA

AG James

NEW YORK – New York Attorney General Letitia James released the following statement in response to a National Rifle Association (NRA) countersuit that seeks to distract from illegal conduct to divert millions of dollars away from the organization’s charitable mission to personally benefit senior leadership, as well as to claims by President Donald Trump and others that the NRA should relocate to another state:“While President Trump and others have suggested that the NRA should simply pick up and leave New York in an effort to evade responsibility, I’d remind them that we shut down the president’s own foundation, recouped millions in diverted funds after unearthing the illegal use of charitable funds, and directed those funds to lawful organizations for legitimate charitable purposes. We intend to do the same with the NRA. To be clear, no charity registered in New York State, including the NRA, can dissolve and relocate to another state without approval of my office or of the Supreme Court of New York. As long as our lawsuit continues, the NRA must stay right where it is and answer for their deep-rooted fraud. The facts speak for themselves and our lawsuit will continue undeterred.”

Attorney General James filed a lawsuit against the NRA, Wayne LaPierre, and three of LaPierre’s current or former top executives for failing to manage the NRA’s funds; failing to follow numerous state and federal laws, as well as the NRA’s own bylaws and policies; and contributing to the loss of more than $64 million in just three years for the NRA. The suit was filed against the NRA as a whole, LaPierre, as well as former Treasurer and Chief Financial Officer Wilson “Woody” Phillips, former Chief of Staff and the Executive Director of General Operations Joshua Powell, and Corporate Secretary and General Counsel John Frazer.

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


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

California DBO Continues to Monitor
Face Guidance Covering Compliance

Licensees of the Department of Business Oversight (DBO) are  commended for their continuing sacrifices and safety measures taken to protect consumers and employees from the pandemic.
In accordance with Governor Newsom’s directive on face coverings, the DBO continues to remind all licensees to ensure employees and customers fully comply with the latest guidance  from the California Department of Public Health (CDPH).

All customers must be required to wear appropriate face coverings as outlined by CDPH guidance. Those refusing to wear masks and do not meet the CDPH exemptions should not be allowed to enter banks, credit unions, and other places of business.

The DBO mobilized drive-by spot checks of various branch and storefront locations to verify compliance with the Governor’s order throughout the state. These checks determined whether notices were posted on public facing doors, observed customers entering and exiting the premises, and noted whether a greeter or monitor was at the location restricting access or providing personal protective equipment (PPE).

As the Governor noted, the DBO and other state agencies will be monitoring compliance with the face-covering guidance, which will remain in effect until further notice. The DBO recognizes that enforcement of the face-mask guidance may be difficult at times and appreciates licensees’ help with this critical effort to protect all Californians during this historic crisis. Please send any questions to

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


Austin, Texas   Adopt a Dog


6 years, 7 months
60 Lbs.
Location: Foster Home
Adoption Fee: $25.00

We couldn't think of a more fitting name for Twister because once you befriend him, you'll get caught up in a whirlwind of love! If you're a solo person looking for an awesome companion, Twister is your man. This sweet boy will happily sit quietly by your side and lend a listening ear. It's hard not to fall in love when you look into those soulful brown eyes that say, "Come sit down with me and tell me all about your day."

Want to play? Well, Twister is also a puppy at heart! His joy is contagious when he's chasing after balls or playing tug with his rope toy. Always up for fun and games, he will sweep you up into a spin of laughs for years to come. Like a cat, he's curious of his surroundings and loves to be in the middle of things. Pop the trunk and he'll jump right in! He loves getting outside and taking long walks - and if there's a water source nearby, he'll dive head-first!

Twister also enjoys learning new things and is in the Total Obedience Program. Check out a video on APA's CGC program to learn more:

A gentle soul, and a quiet companion, Twister is happiest in a home with just one best friend. He's the kind of guy that you can pour your heart out to, and he really listens. He's super easy to have in the home, and everyone says the same thing about him.... 'He's just so sweet!'

Twister is loved by all at APA and we are waiting for his one true friend to come along and scoop him up. With obedience skills and those heart-melting eyes, he will quickly find his way into your heart and fill it up. Twister invites you to come on down and fall for him at first sight!

Follow Twister on Instagram @adopt_twister

Austin Pets Alive!
Main Location
1156 West Cesar Chavez,
Austin, TX 78703



Your Dog Advisor
The Benefits of Platform Training
Not Just for Tricks, but Learning Commands

This pup is being redirected to go to his designated mark when he hears a knock at the door, so he doesn’t rush up on people and run out.

  1. The DoorBell Dash- Keeping dogs away from the front door when guests come over.
  1. Keeping dogs out of the kitchen area when I am cooking (I’m constantly having to step over sleeping dogs!)
  1. Reinforcing areas in the living room for them, so they would rather be in their spot than on off-limits furniture.


The National Vehicle Leasing Association (NVLA), voice of the independent vehicle leasing community, announced that the 2020 conference will be held virtually October 14-15. The program had originally been scheduled for October 14-16, in Austin, TX.

Matthew Daus, Partner at Windel Marx Law Firm, Chair, Transportation Practrice Group, and

Eric Chuang, Managing Director at BDO Consulting will continue to serve as keynote speakers for the 2020 conference and will speak on critical topics within the leasing industry while keeping COVID-19 top of mind and the challenges that will follow the pandemic. Other session topics will include social media ROI, economic trends, Lease Here Pay Here, gender diversity and more.

Ken Sopp, President of Credit Union Leasing of America, said, “The 2020 NVLA Annual Conference is the first-ever virtual conference we’ve held and we’re looking forward to engaging our attendees, speakers, sponsors and exhibitors in a totally new format that gives us plenty of room to innovate.

According to conference chair, “We’re busy working to finalize the program and it will be announced in the next couple of weeks.”

Exhibitors and sponsors will be afforded multiple opportunities to interact with attendees in the virtual format. Attendees will also have networking opportunities during the conference to share and discuss issues and areas of concern with each other. More details will be available very soon.

Founded in 1968, NVLA provides educational opportunities, promotes responsible legislation and communicates with members regarding developments and trends in vehicle leasing. NVLA promotes the leasing concept while encouraging the highest ethical and professional standards. Membership is made up of independent leasing companies, automobile dealerships, banks, credit unions and suppliers of goods and services to lessors.

For more information and updates about the 2020 NVLA Annual Virtual Conference, please visit


News Briefs----

Administration Officials Defend Executive Action on Pandemic    Relief siphoning of aid from an active hurricane season federal fund

Coronavirus update:
      U.S. infections surpass 5 million



You May Have Missed---

Millions of Evictions Are a Sharper Threat
    as Government Support Ends


Sports Briefs---

NFL, NFL Referees Association agree to COVID-19 protocols;
     refs can opt out by Aug. 13

Washington Football Team cuts Derrius Guice
     after RB's arrest on domestic violence charges

Deion Sanders slams players for opting out of 2020 season

Warriors’ Draymond Green fined $50,000 for Devin Booker comments


California Nuts Briefs---

10,000 dead of coronavirus in California.
    100 dead in its capital. How did we get here?

Tahoe father implores tourists to stop visiting after son falls critically ill

Vacationers are still traveling – just not as far

Anxiety, tears and empty streets: How coronavirus exploded
   among Latinx residents in Oakland’s Fruitvale district



“Gimme that Wine”

California’s 800,000 farmworkers are under siege
 from the coronavirus. Lawmakers urge relief

As Wine Country harvest approaches,
     farmworkers continue to pay high pandemic price

North Coast wine grape harvest begins,
    and outlook for smaller crop is welcomed

How Heidi is working out at Merry Edwards
     with her first full vintages

'It feels like that energy is missing':
    Why San Francisco's iconic rooftop bar remains closed

Free Wine App

Wine Prices by vintage


This Day in History

     1680 – The Pueblo Revolt began, an uprising of most of the Pueblo Indians against the Spanish Colonizers in the province of Santa Fe in what is now New Mexico.   The Pueblo Revolt killed 400 Spanish and drove the remaining 2,000 settlers out of the province. Twelve years later the Spanish returned and were able to reoccupy New Mexico with little opposition.
    1755 - Under the orders of Governor Charles Lawrence, the British Army begins to forcibly deport the Acadians from Nova Scotia to the American Colonies.  
    1776 – Word of the Declaration of Independence reached London.  
    1821 – Missouri became the 24th state.  The land that is now Missouri was acquired from France as part of the Louisiana Purchase and became known as the Missouri Territory.  The state lies at the intersection of the three greatest rivers of the US, with the confluence of the Mississippi and Missouri Rivers near St. Louis, and the confluence of the Ohio River with the Mississippi north of the Bootheel. The starting points for the Pony Express, Santa Fe Trail and Oregon Trail were all located in Missouri as well.
    1821 – Jay Cooke (d. 1905) was born in Sandusky, OH.  He was a financier who helped finance the Union war effort during the Civil War and the postwar development of railroads in the northwestern United States. He is generally acknowledged as the first major investment banker in the United States and creator of the first wire house firm.
    1844 - Brigham Young was chosen as Mormon Church head following Joseph Smith’s death.
    1846 - Congress chartered the Smithsonian Institution, named after English scientist James Smithson, whose bequest of $500,000 made it possible.
    1861 – At The Battle of Wilson’s Creek, the Civil War entered Missouri when a band of raw Missouri State Guard troops defeated Union forces in the southwestern part of the state.  it is sometimes called the "Bull Run of the West."    
    1874 – Herbert Hoover (d. 1964), 31st president of the United States, was born in West Branch, IA.  His parents were poor and he was orphaned at 9, but he amassed a fortune as a mine engineer and owner.  With the start of World War I, he directed the evacuation of 200,000 Americans from Europe. It was the first of a series of massive economic, evacuation and food relief activities that spanned half a century. He was Secretary of Commerce in the Administrations of Harding and Coolidge and was elected President on the Republican ticket in 1928.  The crash of the stock market on Oct. 29, 1929, plunged the nation into its worst economic crisis in history. His policies were attacked as insufficient to spur economic revival. He was voted out of office in 1932 under the cloud of the Great Depression, called the "Hoover Depression" by his opponents.
    1876 - Thomas Alva Edison of Menlo Park, NJ, obtained a patent for a “method of preparing autographic stencils for printing”. He went on to improve the “mimeograph,” which, until the advent of the photocopier, was the most widespread method of paper communication and duplication.
    1878 - The temperature at Denver, CO, soars to an all-time record high of 105 degrees.
    1885 - America's first commercially operated electric streetcar began operation in Baltimore.   
    1897- Actor Jack Haley (d. 1979), the Tin Man in “The Wizard of Oz,” was born in in Boston.
    1899 – Charles Darrow (d. 1967), one of the creators of Monopoly, was born in Philadelphia.   
    1899 - A.T. Marshall of Brockton, MA patented the refrigerator. It was not practical in cost for many households and “ice” refrigerators were common until perhaps World War II.
    1901 – The US Steel Recognition Strike by the Amalgamated Association of Iron and Steel Workers began.  The formation of the US Steel trust in 1901 threatened the AA with ruin. The AA was confronted with a crisis: It had to organize the plants of U.S. Steel before the corporation, with its relatively infinite resources, could stop the union drives. But the executive committee of U.S. Steel was equally aware of the threat the AA posed and the company's board of directors secretly adopted a resolution on June 17, 1901, opposing any unionization attempt. At a meeting on August 3, 1901, US Steel refused to renegotiate a wage agreement that had been agreed to by the AA leadership and considered it binding. The AA executive board ordered a strike, to begin on August 10. The strike was crushed. At several plants, workers refused to turn out at all. Union members in Illinois and Pennsylvania turned out in small numbers but the overall effect on U.S. Steel was too weak. Strikebreakers were pouring into plants by the thousands, and shuttered works were reopening. The AA appealed to Samuel Gompers, asking for AFL support and the calling of a national labor conference to make the strike the federation's main issue. Gompers refused.  The strike against U.S. Steel ended on September 14, 1901. The AA settled for terms far worse than those offered in August. Only plants which had started and ended the strike were covered, which meant that the union lost recognition at 15 plants. The company even won a pledge from the union not to organize any plant not already unionized.
    1904 – Jack Chesbro was knocked out by the White Sox after pitching 30 complete games in a row. For the year, he will win 41 games, pitching 48 complete games out of 51 starts for the New York Highlanders. All are post-1900 Major League records. His 455 innings pitched has been topped only by Ed Walsh’s 464 in 1908.  For perspective, in today’s game, pitchers are considered a workhorse if they pitch 200 innings and a complete game is a rarity.
    1905 – With President Theodore Roosevelt leading the way, peace negotiations to end the Russo-Japanese War began in Portsmouth, NH.
    1909 – Leo Fender (d. 1991) inventor and manufacturer of musical instruments, including the electric guitar, was born Clarence Leonidas Fender in Anaheim, CA.
    1911 - Membership in the U.S. House of Representatives was established at 435. At the time, every 211,877 residents of the U.S. were represented by one member of Congress.  As of Apr 30, 2016, that has increased to 744, 207.
    1913 – Noah Beery, Jr, (d. 1994) was born in NYC.  A veteran bit part actor in early films and TV, he is best known as Rocky, Jim Rockford’s dad in “The Rockford Files” that ran 1974-80.
    1918 - MESTROVITCH, JAMES I., Medal of Honor
Rank and organization: Sergeant, U.S. Army, Company C, 111th Infantry, 28th Division. Place and date: At Fismette, France, 10 August 1918. Entered service at: Pittsburgh, Pa. Birth: Montenegro. G.O. No.: 20, W.D., 1919. Citation: Seeing his company commander lying wounded 30 yards in front of the line after his company had withdrawn to a sheltered position behind a stone wall, Sgt. Mestrovitch voluntarily left cover and crawled through heavy machinegun and shell fire to where the officer lay. He took the officer upon his back and crawled to a place of safety, where he administered first-aid treatment, his exceptional heroism saving the officer's life.
    1921 - Franklin D. Roosevelt was stricken with polio at his summer home on the Canadian island of Campobello.
    1922 - Louis Armstrong, 22 years old, leaves for the Windy City. His autobiography is fascinating to read about his version of the beginnings of jazz. He perhaps is not only the best-known jazz musicians but considered even today to have been quite ahead of his time. On old records, it is easy to pick him out playing the trumpet. He had tone, melody and rhythm that still wants you to sing, dance, or tap your foot.
    1923 – Actress Rhonda Fleming was born Marilyn Louis in Hollywood.  She acted in more than forty films, mostly in the 1940s and 1950s, and was one of the most glamorous actresses of her day. She was nicknamed the "Queen of Technicolor" because her fair complexion and flaming red hair photographed exceptionally well in Technicolor.
    1923 - Benny Goodman was 14 years old as he began his professional career as a clarinet player. He took a job in a band on a Chicago-based excursion boat on Lake Michigan.
    1928 – Jimmy Dean (d. 2010), the founder of Jimmy Dean’s Sausage, was born in Plainview, TX.  He was also a country music singer, television host, and actor. Although he may be best known today as the creator of the sausage brand, he became a national television personality starting on CBS in 1957. He rose to fame for his 1961 country crossover hit "Big Bad John” (“...stood six foot six and weighed 245, kinda broad at the shoulder and narr’ at the hip, and everybody knew you didn’t give no lip to Big John…”  His 1963 ABC Television series, “The Jimmy Dean Show” gave puppeteer Jim Henson his first national media exposure. He was formally inducted posthumously into the Country Music Hall of Fame in 2010.
    1928 – Eddie Fisher (d. 2010) was born in Philadelphia.  He was the most successful pop singles artist of the first half of the 1950s, “Any Time” (#2 in 1951), “Lady of Spain” (#6 in 1952), “Oh, My Papa” (#1 in 1953), “I Need You Now” (#1 in 1954) and “Dungaree Doll (#7 in 1955), selling millions of records and hosting his own TV show.  Fisher left his first wife, actress Debbie Reynolds, to marry Reynolds' best friend, actress Elizabeth Taylor, when Taylor's husband, film producer Mike Todd, died. This event garnered scandalous and unwelcome publicity for Fisher and contributed to his box office demise. He later married Connie Stevens. Fisher is the father of actresses Carrie Fisher (with Reynolds) and Joely Fisher (with Stevens).
    1929 – Grover Cleveland Alexander pitched and won his final Major League game.  His 373rd and last NL victory, at the time, tied Christy Mathewson for the most NL wins and he is tied for third-most in Major League history.  He was elected to the Baseball Hall of Fame in 1938.
    1933 - Louisiana Governor O.K. Allen pardoned Huddie William Ledbetter, better known as the folksinger “Leadbelly.”  He got the name while in prison in Texas for being very strong. He was a very big man with an explosive temper and was in for murder. He was pardoned by Texas Governor Pat Neff from a thirty-year sentence, something that was unheard of in Texas and from the very conservative Neff, but it is said, he sang a song of why he should be released that so affect the warden, and then Neff, that they released him. Leadbelly was one of my father’s favorite folksingers, that he played all the time, and my first memories of my father are listening to this music in the forties. I remember sitting on his knee, perhaps the earliest recollection of my father, who I miss more and more as each year goes by.
    1934 – Babe Ruth announced that this is his final season as a regular player. He says he will seek a managerial role and will pinch-hit, but will then go back on his decision and play with the Boston Braves in 1935.
    1940 – Bobby Hatfield (d. 2003) of The Righteous Brothers was born in Beaver Dam, WI.  Hatfield and Bill Medley began singing as a duo in 1962 in the Los Angeles area as part of a five-member group called the Paramours.  They were often told they sounded like African-American gospel singers and named their singing act "The Righteous Brothers" after a fan remarked of their singing, "that's righteous, brothers."  They were part of a sliver of rock ‘n’ roll genre known as Blue-Eyed Soul, distinctive in that these were white singers who many thought sounded like black performers.  Their first charted single as the Righteous Brothers was "Little Latin Lupe Lu” and their first #1 was "You’ve Lost That Lovin’ Feelin’,” produced by Phil Spector in 1964. Follow-up hits included the #1 "(You're My) Soul and Inspiration" and "Unchained Melody," and the latter song was actually a Hatfield solo performance later re-recorded after the success of the 1990 film “Ghost,“ and Hatfield remarked to friends that he had not lost any of the high notes in his tenor range since the original recording, but had actually gained one note. The duo broke up in 1968, but returned with another hit in 1974, the #3 "Rock and Roll Heaven." The Righteous Brothers were inducted into the Rock and Roll Hall of Fame in 2003 by Billy Joel.
    1942 - Adding to the fear of the times from both the war in the Pacific and Atlantic, this event is forgotten by many today. Six Germans were electrocuted in Washington, DC. They were part of a group of eight who were tried by a military commission of seven generals. One saboteur, George John Dasch, was sentenced to 30 years in prison, and another Ernest Peter Bruger, received a life sentence. All eight were found guilty of landing in rubber boats from enemy submarines, carrying explosives, incendiaries, fuses, detonators timing devices, acids, and similar material. Four of them landed on June 13, 1942, at Amagansett, NY, on Long Island, and were discovered by Seamen Second Class John C. Cullen of the Amagansett Coast Guard Station. Four others landed on June 17, 1942, at Ponte Vedra Beach near Jacksonville, FL.
    1943 – Ronnie Spector was born Veronica Yvette Bennett in E. Harlem, NYC.  She was the lead singer of The Ronettes, a trio including her sister, Estelle and cousin Nedra Talley.  The Ronettes were a popular attraction around the greater NYC area in the early 1960s. After releasing a few singles on Colpix Records without success, they were signed by Phil Spector to Philles Records. Their relationship with Spector brought chart success with "Be My Baby," "Baby, I Love You," "The Best Part of Breakin’ Up," "Do I Love You?," and "Walking in the Rain." In 2004, “Be My Baby” was ranked 22 by Rolling Stone in its list of The 500 Greatest Songs of All Time.  Brian Wilson has declared 'Be My Baby' the greatest pop record ever made.  In 1999, it was inducted in the Grammy Hall of Fame, and in 2006, the Library of Congress honored the Ronettes' version by adding it to the US National Recording Registry. In 2017, Billboard named the song number 1 on their list of the "100 Greatest Girl Group Songs of All Time". The group broke up in early 1967, following a European concert tour that included their appearance at the Moonlight Lounge, in Gelnhausen, Germany, where they entertained American military personnel.  Spector was a mainstay on the Oldies circuit in the late 90s and early 2000s.  In 2007, The Ronettes were inducted into the Rock and Roll Hall of Fame.
    1944 – Red Barrett of the Boston Braves threw only 58 pitches and shut out the Reds, 2-0. This is the major-league record for fewest pitches in a nine-inning game. The game takes one hour, 15 minutes, the shortest night game ever.
    1944 - American forces overcame Japanese resistance on Guam during World War II.
    1945 – Japanese Emperor Hirohito transmitted a message to his ambassadors in Switzerland and Sweden to accept the terms of the Potsdam Conference, surrendering and bringing an end to World War II. 
    1948 – Smile!  “Candid Camera” made its TV debut after being on radio for a year as “Candid Microphone.
    1949 – President Truman signed the National Security Act Amendment, streamlining the defense agencies and replacing the Department of War with the Department of Defense.   
    1951 - Top Hits
“Too Young” - Nat King Cole
“Mister and Mississippi” - Patti Page
“Because of You” - Tony Bennett
“I Wanna Play House with You” - Eddy Arnold
    1954 – At Massena, NY, groundbreaking for the St. Lawrence Seaway began.
    1955 - Two weeks after it cracks the R&B Top Ten, Chuck Berry's "Maybellene" enters the Pop chart at #23.
    1957 – Mickey Mantle blasted a 460’ HR over the center field hedge at Baltimore’s Memorial Stadium, still the longest HR ever it there.
    1959 - Top Hits
“Lonely Boy” - Paul Anka
“A Big Hunk o’ Love” - Elvis Presley
“My Heart is an Open Book” - Carl Dobkins, Jr.
“Waterloo” - Stonewall Jackson
    1960 - British Decca destroyed 25,000 copies of Ray Peterson's death-rock song, "Tell Laura I Love Her." The company refused to release a song which it said was "too tasteless and vulgar for the English sensibility." A rival firm, however, had no such compunction, recording a cover version by a singer named Ricky Valance, which went to number one on the British chart. In the US, Ray Peterson's recording of "Tell Laura I Love Her" reached number seven on the Billboard pop chart.
    1960 – Ted Williams hit two HRs in the Red Sox’ 6-1 win over the Indians.  The first gave him 512 for his career that tied him with Mel Ott for 4th all-time.  He also announced that he will retire after the season.
    1962 - Spider-Man made his debut in issue 15 of Marvel Comics’ "Amazing Fantasy."
    1963 - Little Stevie Wonder had the number 1 song in America this week with "Fingertips - Pt. 2." Stevie was just 13 years old when the song was recorded.
    1967 - Top Hits
“Light My Fire” - The Doors
“All You Need is Love” - The Beatles
“A Whiter Shade of Pale” - Procol Harum
“I’ll Never Find Another You” - Sonny James
    1968 - Race riot in Miami Florida.
    1968 – The Bubblegum Music craze was in full gear when a group from Linden, New Jersey, who went by the unusual name of The 1910 Fruitgum Co. cracked the Hot 100 with their second hit, "123 Red Light." The record would climb to number five in the US.
    1969 - Photographer Iain Macmillan took six pictures of the Beatles crossing the street outside their Abbey Road studio in London. A police officer held up traffic while the band walked back and forth several times. Paul McCartney chose one of the pictures for the cover of the "Abbey Road" album.
    1969 – “Helter Skelter” - Leno and Rosemary LaBianca were murdered in their Los Angeles home by members of Charles Manson's cult, one day after pregnant actress Sharon Tate and four other people were slain.
    1970 - CCR's "Looking Out My Back Door" is released.
    1970 - Janis Joplin bought a tombstone for blues singer Bessie Smith's unmarked grave in a Philadelphia cemetery. Less than two months later, Joplin herself was dead of a drug overdose. Smith had died following an auto accident in 1942 at the age of 37.
    1973 - Vice-President Spiro T Agnew brands them "damned lies" regarding reports he took kickbacks from government contracts in Maryland. He vowed not to resign; that he was innocent.    
    1975 - Top Hits
“One of These Nights” - Eagles
“Jive Talkin’” - Bee Gees
“Please Mr. Please” - Olivia Newton-John
“Just Get Up and Close the Door” - Johnny Rodriguez    
    1977 – David Berkowitz, a 24-year-old postal employee said by the police to be the "Son of Sam," the .44-caliber killer who took the lives of six young people and wounded seven others in a year-long reign of terror in New York City, was taken into custody late last night in Yonkers.
    1978 – The Ulrich family of three was killed in their Ford Pinto, the event that triggered the massive litigation of the Ford Motor Company’s negligence in the safety design of the car’s fuel tank that was vulnerable to explosion when the car was rear-ended.  Approximately 117 lawsuits were brought against Ford in connection with rear-end accidents in the Pinto.  Ford had sent the Urlichs a recall notice for the Pinto in 1979. A grand jury indicted Ford on three counts of reckless homicide. Indiana v. Ford was a landmark in product liability law as the first time a corporation faced criminal charges for a defective product and the first time a corporation was charged with murder.  If convicted, Ford faced a maximum fine of $30,000 under Indiana's 1978 reckless homicide statute.  A former head of the NHTSA, testifying on Ford's behalf, said the Pinto’s design was no more or less safe than that of any other car in its class.  In 1980 Ford was found not guilty.  In 1980 a civil suit was settled for $7500 to each plaintiff.   According to Automotive News in 2003, the indictment was a low point in Ford's reputation.  Some saw the suit as a landmark for taking a corporation to task for their actions while others saw the case as frivolous.  Time said "The Ford Pinto was a famously bad automobile, but worse still might be Ford's handling of the safety concerns."  According to the Los Angeles Times in 2010, the award "signaled to the auto industry that it would be harshly sanctioned for ignoring known defects."
    1981 - The head of John Walsh’s son Adam was found in a canal near Vero Beach, FL. This inspired the creation of the television series “America’s Most Wanted” and Walsh’s activism for child safety.
    1981 - Shiaway St. Pat, driven by Ray Remmen, won the Hambletonian, the most important race for three-year-old trotters, contested for the first time at the Meadowlands in New Jersey.
    1983 - Top Hits
“Every Breath You Take” - The Police
“Sweet Dreams (Are Made of This)” - Eurythmics
“She Works Hard for the Money” - Donna Summer
“Your Love’s on the Line” - Earl Thomas Conley
    1984 - Carl Lewis won his third gold medal at the Los Angeles Olympics. He won the 200-meter sprint. At the same time, Greg Louganis received his first gold medal in diving in the springboard competition.
    2006 - British authorities announced they had thwarted a terrorist plot to simultaneously blow up 10 aircraft heading to the United States.
    2008 - American swimmer Michael Phelps won the first of a record eight gold medals at the Beijing Olympics by smashing his own world record in the 400-meter individual medley.
    2013 - President Barack Obama announced a series of NSA reforms aimed at minimizing criticism over the NSA's electronic surveillance program.
    2015 - Google, Inc. restructured, placing its search business and its various research ventures into a holding company called Alphabet; Google will begin reporting under the new company with the fourth quarter of this year.



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