Monday, August 22, 2022
Today's Leasing News Headlines
Commercial Alternative Finance Company List
To Join List: firstname.lastname@example.org
The World's Manufacturing Superpowers
Many of world’s largest brands rely on Chinese
Leasing and Finance Industry Help Wanted
Equipment Vendor Sales Managers: Top Technology
and Work from Home
I was fired, how do I handle this in my job search?
Career Crossroads---By Emily Fitzpatrick/RII
Top Ten Leasing News Read by Readers
August 15 to August 19
The Kelley Blue Book new-vehicle ATP increased
to $48,182 in July 2022
State Data Says Michigan Cannabis Sales
Broke Monthly Record in July
Washington, DC Adopt-a-Dog
CLFP Day is August 25th
Zoom Link Has Been Sent to All Members
Equipment leasing saves counties money, lives
Yadkin County potential savings: $1.08 million
Deere Reports Third Quarter Net Income
of $1.884 Billion
From a $22 Million Ferrari to a $151,200 Nissan:
Fancy Cars Go to Auction
Spam Texts Are Surging
Here’s How to Avoid Being Swindled
You May have Missed---
List 2021 Amazing Salaries for San Francisco
Benefits Not Included/Total $5,448,567,119
Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen
California Nuts Brief---
"Gimme that wine"
This Day in History
Weather, USA or specific area
######## 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.
Commercial Alternative Finance Company List
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In Business Since
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The World's Manufacturing Superpowers
While China’s status as the world’s largest manufacturing hub seems to be a given these days, that hasn’t always been the case. In fact, as recently as 2009, the U.S. trumped China in manufacturing output as measured by total value added in the sector.
China’s manufacturing output (measured in constant 2015 dollars) climbed from roughly $200 billion in 1990 to more than $4 trillion thirty years later. During that time, China’s share of global manufacturing output climbed from 3 percent to more than 30 percent, while former manufacturing leader the United States saw its share drop from 23 to 17 percent. In 2000, the U.S. share of global manufacturing had been even higher at 26 percent, but China’s accession to the WTO in 2001, which opened the country up to the world economy, quickly changed the balance of power.
(World’s Largest Mfg.)
China’s current status as “the world’s factory” is one of the reasons why the economic fallout of the ongoing Covid-19 pandemic was felt around the world, and still is. Many of the world’s largest consumer brands are relying on Chinese manufacturing and are still grappling with supply constraints caused by lockdowns and factory closures across the country.
By Felix Richter
Help Wanted Ads
I was fired
how do I handle this in my job search?
Career Crossroads---By Emily Fitzpatrick/RII
Question: I was fired, how do I handle this in my job search?
Answer: If you were laid off as part of general work force reduction, be straightforward and keep your answer short and to the point. If you have been terminated with cause, this is a difficult question to answer. Like it or not, termination with cause is usually justified – most managers do not fire an employee for the heck of it. Though difficult, make sure you are forthcoming in your response. This is very important.
Having been fired does create instant doubt in the mind of the interviewer and greatly increases the chances of your references being checked. First, call the person who fired you, find out why it happened and learn what he/she would say about you today. The goal is to clear the air, do not be antagonistic. When calling make sure you relay that you appreciated what he/she had to do and that you learned from the experience. Further the conversation by explaining you are in a job search and that the stigma of being fired will affect your chances of employment. Ask if they would agree to use the term “resigned” rather “fired” by appealing to this person’s humanity.
Whatever you do, do not advertise the fact that you were fired. If asked, be straightforward and package the reason in the best possible light, e.g. I was having some personal problems at that time and I let this issues affect my work. Additionally, if there are turnover figures of your previous employer, this will minimize the stigma, e.g. “five other people were let go this quarter.”
Don’t over explain. Try to remain positive in your interview. Note: If you lie about anything, especially where and when you worked, what you did, you will at some point be caught. There are significant expenses involved with hiring someone to perform – so companies will take the time to check out references; the higher up the ladder, the more intensive the scrutiny. So make sure you are honest in your answers to any interview question, no matter how difficult it may appear to you.
Recruiters International, Inc.
Invite me to connect on LinkedIn
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Career Crossroads Previous Columns
Top Ten Leasing News Read by Readers
August 15 to August 19
(1) Lender Asks Broker for Vendor Profile
How Unusual is This?
(2) New Hires/Promotions in the Leasing Business
and Related Industries
(3) New Hires/Promotions in the Leasing Business
and Related Industries
(4) Gulf Coast Bank Acquires Another Commercial Independent
This Time it is KLC Financial
(5) Other States Are Awaiting December 9, 2022
Disclosure Requirements to Commercial Loan Applicants
By Stephen J. Grable, Lizzie A. Walter, and Nicholas Armstrong
(6) Chesswood Closes $347 Million Securitization
Primarily for Pawnee Leasing
(7) Webinar Wednesday, August 17, 3:00 pm ET
AACFB "Pro Tips for Title Deals"
(8) Half of All Banks in the U.S. Will Disappear
in the Next 20 Years
(9) CLFP Foundation Adds 16 New Members
Hosted by U.S. Bank Equipment Finance
(10 No Relief on Vehicle Inventories
By Ken Sopp, President, National Vehicle Leasing Assoc.
The Kelley Blue Book new-vehicle ATP increased
to $48,182 in July 2022
Source: KBB / Cox Automotive
The average price paid for a new vehicle in the U.S. in July topped June’s record and kept the average transaction price (ATP) solidly above the $48,000 mark, according to new data released Aug. 10 by Kelley Blue Book.
New-vehicle inventory days’ supply held steady in the mid-30s in July, where it has been consistently since the final months of 2021. Surprisingly, days’ supply at the end of July was 27% higher than in 2021 when inventory shortages first started to affect the market, demand was even higher, and days’ supply dropped into the 20s. Still, with about 1.1 million units in inventory in the U.S. new-vehicle inventory remains far below levels seen in 2020 and 2019.
With tight inventory and sufficient demand, transaction prices remain elevated. Most dealers continue to sell vehicles above the manufacturer’s suggested retail price (MSRP).
Honda, Kia, Land Rover, and Hyundai show the most price strength in the market, transacting between 5% to 8% over sticker last month.
Ram, Volvo, Lincoln, Buick, and the smaller Italian brands, Alfa Romeo and Fiat, showed the least price strength last month, selling 1% or more below MSRP.
Source Automotive Supply Chain
State Data Says Michigan Cannabis Sales
Broke Monthly Record in July
The Cannabis Regulatory Agency in the state of Michigan recently published data showing that the state set a new record for cannabis sales last month. The state reached almost $210 million in total marijuana sales, recording more than $188 million in adult-use cannabis purchases and more than $21 million in medical marijuana sales in the month of July.
This total is almost $15 million higher than the previous record the state set earlier in the year. The majority of the cannabis purchases for both recreational and medical use were for flower products, with vape cartridges coming in second. The data also demonstrates a continuation of a sales trend in the state’s cannabis market, with medical marijuana purchases dropping while adult-use sales grow. The first recreational shops were launched in the state in December 2019.
Meanwhile, regulators in the state also announced that they were awarding grants to support studies into the therapeutic benefits of cannabis for military veterans. They plan to use the tax dollars generated by the state from adult-use marijuana sales to do so. The Cannabis Regulatory Agency revealed that it had recommended issuing $20 million in grants to two universities as part of the Veteran Marijuana Research grant program.
Washington, DC Adopt-a-Dog
Pet ID # 22-0095
13 months old
Good with dogs, kids
Not tested with cats
Hi, I'm Axel! I'm a perfectly sized pup (full grown and only 30 lbs. Who loves to play and is super friendly to everyone I meet. I have a super goofy personality and a huge smile. I am a high energy pup and while I sometimes bark to show my excitement, my sweet personality would never hurt a fly.
I am a total 'kiss monster' who loves to snuggle. I'm house trained and love to sleep in on the weekends. I am great with kids and other pups. I would love to find a family who will take me to some basic obedience classes because I am still a puppy. I could use some help in pulling on my leash and learning basic commands.
Any family would be SO lucky to have me in their brood and I can't wait to find a forever home where I can share all the love I've got to give!
Rural Dog Rescue
733 8th Street SE
Washington, DC 20003
CLFP Day is August 25th
Call will be held on August 25th at 2:00 Pacific
Zoom link has been sent to all members
This year marks the 5th anniversary of CLFP Day in which CLFPs and Associates gather across the country to celebrate the designation. Past events have included charity drives, escape rooms, golfing, mini-golfing, dinner, coffee, drinks and much more.
Of course, during the pandemic, the meetups had to change so a quick, celebratory Zoom call was put together and will continue for the foreseeable future. The current President of the Board, Jenny Wood, CLFO, and the CEO of the Foundation, Reid Raykovich, CLFP, will review the journey of the Foundation, thank all of the volunteers, review the accomplishments for the year, and also present the Cindy Spurdle Award of Excellence.
Reid Raykovich, CLFP, CEO, states, “It’s my favorite day of the year. It’s amazing to see so many faces that I don’t get to see on a regular basis, and the excitement and joy to all celebrate together never gets old.”
That call will be held on August 25th at 2:00 Pacific and the Zoom link has been sent to all members.
Additionally, due to the restrictions being lifted from the pandemic, the in-person celebrations are back and located across the country in 13 different cities.
All CLFPs and Associates are welcome to attend, and the locations may be found here: https://clfpfoundation.org/2022-clfp-day-celebrations
This Day in History
1494 - Columbus returned to Hispaniola. He had confirmed that Jamaica was an island and that he had failed to find a mainland.
1619 - The first Black slaves brought by the Dutch to the colony of Jamestown. The colonists desperately needed workers for the tobacco crop. Europe was becoming “addicted to snuff and smoking tobacco in a pipe, inhaling.” The Indians had introduced the colonies to tobacco, who were learning to grow and dry it. Europe was “mad” for the smoke and snuff for gentlemen. John Rolfe writes in his diary, “About the last of August came in a Dutch man of warre that sold us twenty negars.” By the time of the American Revolution, the English importers alone had brought some 3 million captive Africans to the Americas. After the war, as slave labor was not a crucial element of the Northern economy, most Northern states passed legislation to abolish slavery. However, in the South, the invention of the cotton gin in 1793 sharply increased the need for slave labor, and tension arose between the North and the South as the slave or free status of new states was debated. In 1807, with a self-sustaining population of over four million slaves in the South, some Southern congressmen joined with the North in voting to abolish the African slave trade effective 01 January 1808. Nevertheless, the widespread trade of slaves within the South was not prohibited, and illegal trade of African slaves to Brazil and Cuba continued until the 1860s. By 1865, over twelve million Africans had been shipped across the Atlantic Ocean to the Americas, and some one million of these individuals had died from mistreatment during the voyage. In addition, an estimated three million died in Africa in slave wars and forced marches directly resulting from the Western Hemisphere's demand for African slaves.
1704 - The first underground sewer in Boston was constructed by Francis Thrasher, at his own expense. The move led to municipal regulations governing disposal of refuse and garbage. By 1710, the selectmen of Boston were giving licenses to private citizens for digging up streets for sewer construction. Now you may not think this is a big deal, but think how waste was removed in this time, most often it was just thrown raw into the streets.
1741 - Danish navigator Vitus Jonas Bering, commissioned by Peter the Great of Russia to find land connecting Asia and North America, discovers Alaska as well as the Pacific Coast of America.
1775 – Tucson, AZ is established by Spanish missionaries as Presidio San Augustin del Tucson
1779 - James Cook landed on Possession Island, is off the northern coast of Queensland Australia. 2 years after he had set sail on the HMS Endeavour from Plymouth. James Cook named the area New South Wales and claimed it for the British Crown.
1785 - Oliver Hazard Perry (d. 1819), American naval hero, born at South Kingston, RI. Best remembered is his announcement of victory at the Battle of Lake Erie, September 10, 1824: “We have met the enemy, and they are ours.”
1788 - A small but powerful hurricane inflicted great havoc upon forests along a narrow track from New Jersey to Maine. A similar storm track today would cause extreme disaster in the now populated area.
1794 - Major General “Mad” Anthony Wayne routs Indians at Fallen Timbers, Ohio
1830 - African-American Richard Allen chairs the first National Negro Convention in Philadelphia. In 1799, Allen was ordained as the first black Methodist minister by Bishop Francis Asbury. In 1816, Allen united four African-American congregations of the Methodist Church in Philadelphia: Philadelphia, New Jersey, Delaware and Maryland. Together they founded the independent denomination of the African Methodist Episcopal Church (AME), the first fully independent black denomination in the United States and the oldest and largest formal institution in black America. On April 10, 1816, the other ministers elected Allen as their first bishop. This gathering was a civic meeting, the first on such a scale organized by African-American leaders. Allen presided over the meeting, which addressed both regional and national topics. The convention occurred after the 1826 and 1829 riots in Cincinnati, when whites had attacked blacks and destroyed their businesses. After the 1829 rioting, 1200 blacks had left the city to go to Canada. As a result, the Negro Convention addressed organizing aid to such settlements in Canada, among other issues. The 1830 meeting was the beginning of an organizational effort known as the Negro Convention Movement, part of 19th-century institution building in the black community. http://www.triadntr.net/~rdavis/allen.htm
1845 - Wilberforce University established in Ohio, 1856
1846 - The United States annexed New Mexico.
1848 - Melville Elijah Stone (d. 1929) was born in Hudson, IL. A newspaper publisher, he founded the Chicago Daily News and was the general manager of the reorganized Associated Press.
1851 - The First America’s Cup was held. Thought to be the oldest international sporting trophy to be still awarded today the cup’s name was changed from Hundred Guinea Cup to America’s Cup after the name of the yacht that won the first race on this day. Led by Commodore John Cox Stevens, America participated in a 53 nautical mile race around the Isle of Wight in England.
1866 – President Andrew Johnson officially declares the end to the Civil War.
1866 - The newly organized National Labor Union called on Congress to mandate an eight-hour workday. http://memory.loc.gov/ammem/today/aug20.html
1867 - Anson Mills, brevet lieutenant colonel in the Army, Fort Bridger, UT, was granted a patent for a new cartridge belt. Moisture had previously affected cartridge belts. Mills invented a woven cartridge belt, and the machinery for making it, which was adopted by both the Army and Navy.
1886 - The town of Indianola, TX, was completely destroyed by a hurricane and never rebuilt.
1888 - Longest US men's single tournament match: Palmer Presbrey defeats T S Tailer, 19-21, 8-6, 6-1, 6-4, in an 80-game 1st-round contest.
1893 – Dorothy Parker (d. 1967) was born Dorothy Rothschild in Long Branch, NJ. Poet, short story writer, critic, and satirist, she was best known for her wit, wisecracks and eye for 20th-century urban foibles…typical Jersey Girl before there was one! She rose to acclaim, both for her literary output in publications such as “The New Yorker” and as a founding member of the Algonquin Round Table. Following the breakup of the circle, Parker traveled to Hollywood to pursue screen writing. Her successes there included two Academy Award nominations, (with Robert Carlson and then-husband Alan Campbell, she wrote the script for the 1937 film “A Star is Born” for Best Writing—Screenplay; with Frank Cavett, for 1947's “Smash-Up, the Story of a Woman”). She wrote additional dialogue for “The Little Foxes” in 1941. Her career was curtailed when her involvement in left-wing politics led to a place on the Hollywood blacklist.
1896 – The rotary dial telephone was invented.
1902 - President Theodore Roosevelt became the first United States chief executive to ride in an automobile in public.
1910 - The big blow up of forest fires finally came to an end in Idaho. A record dry August fueled 1736 fires which burned three million acres, destroying six billion board feet of timber. The fires claimed the lives of 85 persons, 78 of which were fire fighters, and consumed the entire town of Wallace. The smoke spread a third of the way around the world producing some dark days in the U.S. and Canada. The forest fires prompted federal fire protection laws.
1911 - “This message sent around the world,” sent at 7pm from the New York Times and received back at 7:16:30pm, traveling over 28,613 miles via 16 relay stations to become the first telegraph message sent around the world. It was the front page headline and quite an event for its era.
1912 - After the Japanese beetle invaded the East Coast and other diseases were affecting agriculture, Congress passed a quarantine law for plants, directed against dangerous plant diseases and injurious insect pests, “new to or not theretofore widely prevalent or distributed within and through the United States.” Plants that could transmit white-pin, blister rust or potato wart, and plants that might harbor the Mediterranean fruit fly, were immediately affected. Other species before the turn of the century had been affected, such as the “mighty American chestnut oak” that dominated the Northeast, were basically extinct by this date.
1915 – Chicago White Sox obtain Shoeless Joe Jackson from the Cleveland Indians in exchange for Robert Roth, Larry Chappell, Ed Klepfer and $31,500.
1920 – The first radio station to be licensed was 8MK, owned by the Detroit News, which instituted daily service with the program, “Tonight’s Dinner.” The call letters were changed later to WWJ.
1920 – The game between the Red Sox and Indians was postponed to allow Indian players to attend Ray Chapman's funeral in Cleveland. Chapman is the only player in Major League history to die from being hit by a pitch. Three days earlier, Chapman was beaned by Carl Mays of the Yankees, a fierce side-arming fireballer. Chapman’s death led to the practice of umpires replacing dirty baseballs during the game and accelerated the pressure to have batters wear helmets. The latter was not enacted until 1950.
1920 – Professional football is born. Seven men, including legendary Jim Thorpe and the owners of four Ohio League teams--the Akron Pros, Canton Bulldogs, Cleveland Indians and Dayton Triangles, meet to organize a professional football league at the Jordan and Hupmobile Auto Showroom in Canton, OH. The meeting led to the creation of the American Professional Football Conference (APFC), the forerunner to National Football League. Jim Thorpe was nominated as president of the new league, as it was hoped Thorpe’s fame would help the league to be taken seriously. On September 17, the league met again, changing its short-lived name to the American Professional Football Association (APFA) and officially electing Jim Thorpe as the league’s first president.
The APFA began play on September 26, with the Rock Island Independents defeating a team from outside the league, the St. Paul Ideals, 48-0. A week later, Dayton beat Columbus 14-0 in the first game between two teams from the APFA.
1920 – Denton Cooley (d. 2016), heart surgeon famous for performing the first implantation of a total artificial heart, was born in Houston, TX.
1925 – Honor Blackman was born in London, England. An accomplished actress in British plays and television, she gained lasting fame as the second Bond girl, Pussy Galore in “Goldfinger.”
1934 – Gen. Norman Scwarzkopf, Jr. (d. 2012) was born in Trenton, NJ. The senior Schwarzkopf was the first Superintendent of the New Jersey State Police after he worked as a lead investigator on the 1932 Lindbergh baby kidnapping and murder investigation. The junior Schwarzkopf graduated from the US Military Academy at West Point, after which he served in the Vietnam War as a task force adviser to the Army of the Republic of Vietnam Airborne Division. He was promoted to major shortly after arriving in Vietnam. In command of the 173d Airborne Brigade, they arrived and broke the siege, ending the Battle of Duc Co after which General William Westmoreland later arrived to review the incident and congratulate Schwarzkopf. For his leadership in the battle, Schwarzkopf was awarded the Silver Star. In November 1988, Schwarzkopf was named commander of US Central Command (CENTCOM), over a more popular choice because commanders considered him an accomplished strategic thinker who had experience both in combat and with diplomacy, and who had great knowledge of the Middle East from his childhood experiences there. He assumed command of CENTCOM and was promoted to general. Schwarzkopf began planning the operations to defend Saudi Arabia. Schwarzkopf remained at his command in Riyadh through December, making frequent frontline visits to the troops. On December 29, 1990, he received a warning order from The Pentagon to be ready to attack into Iraq and Kuwait by January 17, 1991 and the air campaign began on that day. On March 3, after only six weeks during which the enemy was completely subdued, he arrived in Kuwait City to survey the aftermath of the Iraqi occupation and negotiate a ceasefire with Iraqi military leaders and work out the return of prisoners of war on both sides. For his services during the war, he was welcomed back to America with a large parade down Broadway in New York, along with other honors. Schwarzkopf led a highly publicized homecoming parade in Washington, D.C., on June 8, 1991, where he was greeted by President Bush amid thousands of onlookers.
1936 – Dale Hawkins (d. 2010) was born in Gold Mine, LA. A pioneer rock singer, songwriter, and rhythm guitarist, he was often called the architect of swamp rock boogie. In 1957, Hawkins blended the uniquely heavy blues sound of black Louisiana artists for his recording of his swamp-rock classic, "Susie Q," a top-30 hit chosen as one of The Rock and Roll Hall of Fame’s 500 Songs that Shaped Rock and Roll.
1936 – Werner Stengel was born in Bochum, Germany. Stengel first worked on amusement park rides in collaboration with Anton Scwarzkopf in 1963. He established his own company, Stengel Engineering, in 1965. His collaboration with Schwarzkopf was responsible for many innovations in roller coaster design, including, in 1976, the first modern looping coaster, Revolution, at Six Flags Magic Mountain in California. His clothoid loop is now standard on many roller coasters as it produces less intense forces on the human body than a circular vertical loop. In 1976, Stengel and Schwarzkopf established the first horizontal launch "Shuttle Loop." He was also noted as being a pioneer in heartlining, the principle of having the track twist/rotate around the rider's heart line, rather than the track rotating around its own center.
1938 – Lou Gehrig hits his last grand slam, his 23d, which was the Major League record until Alex Rodriguez broke it 75 years later.
1939 – Valerie Harper was born in Suffern, NY. She is best known for her roles as Rhoda Morgenstern in the 1970s TV series “The Mary Tyler Moore Show” and its spin-off, “Rhoda.” She is a four-time Primetime Emmy Award winner.
1939 – Yaz was born in Southampton, NY. Carl Yastrzemski, the Red Sox left fielder who succeeded Ted Williams, was named to Baseball’s Hall of Fame in 1989 following a 23-year career, an 18-time All-Star, seven Gold Gloves, a member of the 3,000 hit club, and the first American League player in that club to also accumulate over 400 home runs. He is second on the all-time list for games played, and third for total at-bats. He is the Red Sox' all-time leader in career RBIs, runs, hits, singles, doubles, total bases, and games played, and is third on the team's list for home runs behind David Ortiz and Ted Williams. In 1967, he won the Triple Crown and AL MVP.
1940 - Radar is used for the first time, by the British during the Battle of Britain. Also on this day, in a radio broadcast, Winston Churchill makes his famous homage to the Royal Air Force: "Never in the field of human conflict was so much owed by so many to so few."
1942 - University of Chicago scientist Glen Seaborg and his colleagues first weighed plutonium, the first man made element.
1944 - HAWK, JOHN D., Medal of Honor.
Rank and organization: Sergeant, U.S. Army, Company E, 359th Infantry, 90th Infantry Division. Place and date: Near Chambois, France, 20 August 1944. Entered service at: Bremerton, Wash. Birth: San Francisco, Calif. G.O. No.: 55, 13 July 1945. Citation: He manned a light machinegun on 20 August 1944, near Chambois, France, a key point in the encirclement which created the False Pocket. During an enemy counterattack, his position was menaced by a strong force of tanks and infantry. His fire forced the infantry to withdraw, but an artillery shell knocked out his gun and wounded him in the right thigh. Securing a bazooka, he and another man stalked the tanks and forced them to retire to a wooded section. In the lull which followed, Sgt. Hawk reorganized 2 machinegun squads and, in the face of intense enemy fire, directed the assembly of 1 workable weapon from 2 damaged guns. When another enemy assault developed, he was forced to pull back from the pressure of spearheading armor. Two of our tank destroyers were brought up. Their shots were ineffective because of the terrain until Sgt. Hawk, despite his wound, boldly climbed to an exposed position on a knoll where, unmoved by fusillades from the enemy, he became a human aiming stake for the destroyers. Realizing that his shouted fire directions could not be heard above the noise of battle, he ran back to the destroyers through a concentration of bullets and shrapnel to correct the range. He returned to his exposed position, repeating this performance until 2 of the tanks were knocked out and a third driven off. Still at great risk, he continued to direct the destroyers' fire into the Germans' wooded position until the enemy came out and surrendered. Sgt. Hawk's fearless initiative and heroic conduct, even while suffering from a painful wound, was in large measure responsible for crushing 2 desperate attempts of the enemy to escape from the False Picket and for taking more than 500 prisoners.
1945 - Woody Herman Band records “Bijou.”
1945 - Dodger Tommy Brown becomes the youngest player (17 years, 8 months and 14 days) in major league history to hit a home run. 'Buckshot', who started his career as a 16-year-old high school student, connects off 30-year old Pirates' southpaw Preacher Roe. The Phillies are rained out for an unprecedented tenth consecutive time.
1946 - Prior to the start of the game against the Senators in Washington, using the U.S. Army's Sky Screen Chronograph, Bob Feller's fastball is clocked at 98.6 miles-per-hour, breaking Yankees' hurler Atlee Donald's 1939 speed record of 94.7 mph.
1946 - Grover Cleveland Alexander is reached for nine straight hits and six runs as the Cubs defeat Phillies, 10-4.
1948 - The largest crowd (78,382) ever to attend a night game sees Satchel Paige become the fourth consecutive Indian to throw a shutout. The ageless wonder joins Gene Bearden, Sam Zoldak and Bob Lemon in blanking the opposition.
1955 - Top Hits
“Rock Around the Clock” - Bill Haley & His Comets
“Hard to Get” - Gisele MacKenzie
“The Yellow Rose of Texas” - Mitch Miller
“I Don’t Care” - Webb Pierce
1958 – The Cubs use left-handed 1B Dale Long behind the plate, the first left-handed catcher in the Majors since 1906.
1960 - Connie Francis began work on her first movie, "Where the Boys Are" in Ft. Lauderdale, Florida. This is considered the first college teen comedy to really explore the sex lives of its characters and it has served as the inspiration for countless "spring break" movies, as well as the homage/parody “Grease.”
1962 – NS Savannah, the world’s first nuclear-powered civilian ship, embarks on its maiden voyage.
1963 - Top Hits
“Fingertips - Pt 2” - Little Stevie Wonder
“Blowin’ in the Wind” - Peter, Paul & Mary
“Judy’s Turn to Cry” - Lesley Gore
“Ring of Fire” - Johnny Cash
1964 – Shirley Bassey records the theme from the James Bond flick, “Goldfinger.”
1964 - US President Lyndon B. Johnson signs the anti-poverty Economic Opportunity Act (totaling nearly $1 billion)
1964 – The Harmonica Incident: Yankees’ Phil Linz, after a loss, plays his harmonica on the bus to the airport. Yankees manager Yogi Berra yells at him from the front to knock it off. When Linz asked teammate Mickey Mantle what Yogi said, Mantle, ever the kibitzer, said, “He said to play it louder.” When Linz did, Berra came back and smacked it out of his hands. At the time, the Yankees were languishing in the standings but many cite this incident as a spark that got them to the AL Championship and into the World Series against the Cardinals. Linz scored a contract promoting harmonicas and Berra was fired after the World Series.
1965 – Rolling Stones’ “I Can’t Get No Satisfaction” is released in the UK. It was a #1 hit in the US.
1966 - The thoroughbred Buckpasser, owned by Ogden Phipps, won the Travers Stakes at Saratoga to become the first 3-year-old to pass the $1 million mark in career earnings.
1966 - The Temptations' "Beauty Is Only Skin Deep" is released.
1967 - The New York Times reported on a new noise-reduction system for album and tape recording developed by R. and D.W. Dolby. First used by a subsidiary of Elektra Records, the Dolby noise reduction system became the industry standard.
1968 - LAMBERS, PAUL RONALD, Medal of Honor.
Rank and organization: Staff Sergeant, U.S. Army, Company A, 2d Battalion, 27th Infantry, 25th Infantry Division. place and date: Tay Ninh province, Republic of Vietnam, 20 August 1968. Entered service at: Holland, Mich. Born: 25 June 1942, Holland, Mich. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. S/Sgt. (then Sgt.) Lambers distinguished himself in action while serving with the 3d platoon, Company A. The unit had established a night defensive position astride a suspected enemy infiltration route, when it was attacked by an estimated Viet Cong battalion. During the initial enemy onslaught, the platoon leader fell seriously wounded and S/Sgt. Lambers assumed command of the platoon. Disregarding the intense enemy fire, S/Sgt. Lambers left his covered position, secured the platoon radio and moved to the command post to direct the defense. When his radio became inoperative due to enemy action, S/Sgt. Lambers crossed the fire swept position to secure the 90mm recoilless rifle crew's radio in order to re-establish communications. Upon discovering that the 90mm recoilless rifle was not functioning, S/Sgt. Lambers assisted in the repair of the weapon and directed canister fire at point-blank range against the attacking enemy who had breached the defensive wire of the position. When the weapon was knocked out by enemy fire, he single-handedly repulsed a penetration of the position by detonating claymore mines and throwing grenades into the midst of the attackers, killing 4 more of the Viet Cong with well-aimed hand grenades. S/Sgt. Lambers maintained command of the platoon elements by moving from position to position under the hail of enemy fire, providing assistance where the assault was the heaviest and by his outstanding example inspiring his men to the utmost efforts of courage. He displayed great skill and valor throughout the 5-hour battle by personally directing artillery and helicopter fire, placing them at times within 5 meters of the defensive position. He repeatedly exposed himself to hostile fire at great risk to his own life in order to redistribute ammunition and to care for seriously wounded comrades and to move them to sheltered positions. S/Sgt. Lambers' superb leadership, professional skill and magnificent courage saved the lives of his comrades, resulted in the virtual annihilation of a vastly superior enemy force and were largely instrumental in thwarting an enemy offensive against Tay Ninh City. His gallantry at the risk of his life is in keeping with the highest traditions of the military service and reflects great credit upon himself, his unit, and the U.S. Army.
1968 - Bobby Darin, still traumatized by the recent assassination of his good friend, Senator Robert Kennedy, sells off his music publishing and production company, TM Music, for one million dollars.
1969 - The four members of the Beatles gather in the Abbey Road studios in London for the last time as they complete work on "I Want You (She's So Heavy)" and ostensibly finalize the track order and mastering of their last recorded album, “Abbey Road.” (Three of the Beatles would later be present in the studio to overdub salvaged tracks from the Let It Be sessions.)
1969 - 'Never say die' Camille let loose a cloudburst in Virginia resulting in flash floods and landslides which killed 151 persons and cause $140 million damage. Massies Hill, VA received 27 inches of rain.
1969 - Andy Williams received a gold record for the album "Happy Heart" on Columbia Records.
1969 – Comedian, actor Billy Gardell, “Mike and Molly,” born in Pittsburgh.
1970 - Credence Clearwater Revival's LP “Cosmo's Factory” hits #1
1971 - Top Hits
“How Can You Mend a Broken Heart” - The Bee Gees
“Mr. Big Stuff” - Jean Knight
“Take Me Home, Country Roads” - John Denver
“I’m Just Me” - Charley Pride
1971 - Texas Instruments, Dallas, Texas introduced the first electronic pocket calculator. It weighed about 2.5 pounds and cost $149. It could add, subtract, multiply, and divide, displaying the results in an LED (light-emitting diode) window.
1973 - The Rolling Stones release "Angie."
1974 - House of Representatives votes 412-3 to recommend three articles of impeachment against President Richard M. Nixon. The first charges him with taking part in a criminal conspiracy to obstruct justice in the Watergate cover-up; the second charges he "repeatedly" failed to carry out his constitutional oath in a series of alleged abuses of power; and the third accuses him of unconstitutional defiance of committee subpoenas.
1974 - No. 1 Billboard Pop Hit: “(You're) Having My Baby,'' Paul Anka with Odia Coates. Anka’s last No. 1 hit was “Lonely Boy'' in 1959, marking the longest gap between top singles.
1974 – Actress Amy Adams’ birthday in Italy. Her breakthrough role came with the 2005 independent film “Junebug” for which she received critical acclaim and her first of five Academy Award nominations for Best Supporting Actress. She has since had a string of successes such as “Enchanted,” “Charlie Wilson’s War,” “Doubt,” “Night at the Museum 2,” “Trouble with the Curve,” “American Hustle” and “Big Eyes.”
1975 – NASA launched the Viking I probe of Mars.
1976 - Gordon Lightfoot's "The Wreck of the Edmund Fitzgerald," about an ore carrier which sank on Lake Superior, was released as a single. The song, from the album "Summertime Dream," made it to number two on the Billboard Hot 100
1977 - The song "Best of My Love", by the Emotions, topped the pop charts. It had a number one run of four weeks. http://www.70disco.com/emotions.htm
1978 - After 37 consecutive years, the Stan Kenton Band folds. “Peanut Vendor.”
1979 - Top Hits
“Good Times” - Chic
“My Sharona” - The Knack
“The Main Event/Fight” - Barbra Streisand
“Coca Cola Cowboy” - Mel Tillis
1980 - Birthday of American Composer Thomas Dempster, born Sandusky, MI.
1985 - No. 1 Billboard Pop Hit: “Power of Love,'' Huey Lewis & the News. The million-selling single, which is featured in the hit film, “Back to the Future,'' is the band's first No. 1 song.
1986 - U.S. Census Bureau officials reported that the U.S. population stood at 240,468,000 and the median age reached an all-time high of 31-1/2 years.
1986 - The temperature at San Antonio, TX, soared to an all-time record high of 108 degrees.
1987 - Top Hits
“I Still Haven’t Found What I’m Looking For” - U2
“Who’s That Girl” - Madonna
“Luka” - Suzanne Vega
“A Long Line of Love” - Michael Martin Murphey.
1987 - Half a dozen cities in the Central Plains Region reported record high temperatures for the date, including Pueblo, CO with a reading of 102 degrees, and Goodland, KS with a high of 104 degrees. Hill City, KS reached 106 degrees.
1987 - Lindsey Buckingham, who had helped turn Fleetwood Mac into one of the biggest-selling groups of the Seventies, leaves the group after refusing to tour behind its latest album, “Tango in the Night.”
1987 - Alabama dedicates a section of its Interstate 65 highway as the Hank Williams Memorial Lost Highway, a reference to one of his best-known songs. The fifty-mile stretch begins near his hometown of Georgiana and runs north to Montgomery, where he is buried.
1988 - Raleigh, NC reported a record hot temperature reading of 103 degrees. Afternoon thunderstorms in Oklahoma produced wind gusts to 75 mph in southern Pittsburgh County. Thunderstorms in Indiana produced 4.50 inches of rain at Morgantown.
1989 - Early morning thunderstorms deluged southeastern Delaware with six to ten inches of rain in four to six hours, with local reports of 13 to 20 inches of rain. Twenty-six major roads were closed or damaged, and fourteen bridges were washed out. Flooding caused nearly $4 million damage to local businesses.
1989 - About 20,000 people ended a week-long 20th anniversary celebration of the Woodstock Festival at the festival's original site near Bethel, New York. They left behind a mountain of mud and empty beer cans. The unsanctioned gathering had only one serious incident - a stabbing. Folksinger Melanie [she was in my high school English class in Long Branch HS, NJ, 1960-61. Ralph Mango] was the only Woodstock veteran to show up. She performed from a makeshift stage.
1992 – Demi Lovato birthday.
1993 - Top Hits
“Can’t Help Falling In Love” (From "Sliver")- UB40
“Whoomp! (There It Is)”- Tag Team
“I’m Gonna Be (500 Miles)”- The Proclaimers
1994 - DNA testing linked O. J. Simpson to the murders of Nicole Simpson and Ron Goldman.
1996 - Just ten days after Microsoft shipped its first Web browser, Netscape released a letter they had sent to the Justice Department earlier in the month alleging that Microsoft had sought to gain an unfair advantage by offering computer makers and Internet service providers improper payments and other incentives to use Internet Explorer instead of Netscape Navigator. Microsoft denied the allegations, but the question of Microsoft's tactics in promoting Internet Explorer came under heavy scrutiny in the Justice Department's 1998 antitrust suit against Microsoft.
1996 - Carlos Santana receives a star on Hollywood's Walk of Fame.
1998 - At Shea Stadium, Cardinal first baseman Mark McGwire becomes the first player in Major League history to hit 50 home runs in three consecutive seasons. Mac's seventh inning solo shot helps to defeat the Mets, 2-0.
1998 - US launches cruise missile attacks against alleged al-Qaeda camps in Afghanistan and a suspected chemical plant in Sudan in retaliation for the August 7 bombings of American embassies in Kenya and Tanzania.
2000 - Tiger Woods won the 82nd PGA Championship in Louisville, Kentucky. Woods birdied the last two holes in regulation and won the championship in a playoff over Bob May, becoming the first player since Ben Hogan in 1953 to win three majors (Masters, U.S. Open, British Open) in one year. He was the first player to win back-to-back PGA championships since Denny Shute in 1936 and 1937.
2000 - The winningest pitcher in franchise history is honored by the Yankees during Whitey Ford Day ceremonies at Yankee Stadium. At his retirement, the crafty lefty, known as “The Chairman of the Board,” held the team records for victories (236), innings pitched (3,170 1/3), strikeouts (1,956) and shutouts (45). Among pitchers with at least 300 career decisions, Ford ranks first with a winning percentage of .690, the all-time highest percentage in modern baseball history. His career ERA is among the five lowest in the era since 1920. For his career, Ford had 10 World Series victories, more than any other pitcher, and he also leads all starters in World Series losses (8) and starts (22), as well as innings, hits, walks, and strikeouts. In 1961, the same year Roger Maris broke Babe Ruth’s home run record, Ford broke Ruth’s World Series record of 29⅔ consecutive scoreless innings, eventually reaching 33⅔, still the World Series record. His number 16 was retired by the Yankees in 1974, shortly after his election to the Baseball Hall of Fame.
2002 - A judge issues a temporary restraining order preventing the sale of Barry Bonds' 600th career home run ball hit into the Pacific Bell Park stands on August 9. Jay Arsenault, who allegedly promised friends after being given a game ticket to split any monetary gains if he caught the historic baseball, has been ordered to appear in court for hearing on September 5 along with the prized souvenir. Doubt it is worth much today.
2002 - Top Hits
“Dilemma”- Nelly Featuring Kelly Rowland
“Hot In Here”- Nelly
“Complicated”- Avril Lavigne
“Just A Friend” - Mario
2005 - Using the equivalent of a 98-miles-per-hour major league fastball, 12-year old Kalen Pimentel ties a Little League World Series record for strikeouts in a six-inning game. The 12-year old from Rancho Buena Vista strikes out 18 Owensboro batters (all of the recorded outs) as his team coasts to 7-2 victory in the pool play of the tournament.
2008 - Umpires sign an agreement which will allow Major League Baseball to start using instant replay to help determine boundary calls, such as determining fair or foul fly balls and difficult home run rulings. The use of replay has expanded with managers having limits to such requests.
2012 - The official first-day-of-issue dedication ceremony for the Major League Baseball All-Stars Forever stamps takes place at the National Baseball Hall of Fame and Museum in Cooperstown, NY. The very popular philatelic series based on historic photographs honors Yankee Joe DiMaggio; Larry Doby of the Indians; Willie Stargell of the Pirates and Red Sox legend Ted Williams.
2014 - 17-year-old Katie Ledecky, Bethedsa, MD, the current world record holder for fastest 400-meter freestyle, breaks her own record at the Pan Pacific championships. Ledecky, as a member of the 2016 US Olympic team competing in Brazil, has won four gold medals and one silver. She is a five-time Olympic gold medalist, and nine-time world champion. She is the current world-record holder in the women's 400-, 800-, and 1,500-meter freestyle (long course). She also holds the fastest times in the 500-, 800-, 1000-, and 1,650-yard freestyle events.
The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?
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