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Vendor Sales Specialist: Experienced in developing relationships & vendor programs. Will need to establish/head our new vendor division. Must be knowledgable in all aspects of leasing from the broker lessor perspective. Entry Level Accountant: Entry level position, accounting background req., leasing exp. a plus, must be organized individual w/ strong work ethic. Please E-mail resume to: elang@nationwidefunding.com About the Company: Nationwide Funding, Irvine, CA. With its prime location in Southern California and offices in Chicago's downtown financial district, Nationwide Funding, LLC has been able to secure specialized credit facilities and create funding partnerships with a wide variety of financial institutions. This diversity allows Nationwide Funding, LLC to be a complete funding partner for your business. |
Tuesday,
August 18,2004
Headlines---
Client
Looking For A Leasing Attorney---NEW FEATURE
Cartoon-New
York Times News Editor
The Better Business
Bureau Reports:
Alliance
Funding Group/CapitalWerks-Preferred Lease
BankServ
First to Handle Domestic/International Transfers
PDS
Gaming 2nd Q Up $10 Million
ePlus
Earnings Decrease $2.2M from $2.3M
Richard
Anello Joins GMAC Financing
GMAC
CF Hires Brian Conn Cap.Funding
####### surrounding the article denotes it is a “press
release”
--------------------------------------------------
|
Your
One stop solution for training and reference material for the
Leasing Professional
www.theleasinglibrary.com |
--------------------------------------------------
Classified
Ad----Collector
Boston, MA.
Challenging position
where my skills, professional experience, organization, leadership,
strategic thinking, creativity, energy, passion, competitive nature
will enable me to define opportunities and personal development.
Email: bernd.janet@verizon.net
Jacksonville,
East Brunswick, FL.
13 years experience with collection, recovery, re-marketing and legal on commercial loans and leases. Expertise with distressed portfolios, Six Sigma trained. Willing to relocate.
Email: RichardB12364@aol.com
West Hartford, CT.
Credit/Collections
/Rental Management in leasing & construction fields. Looking for
stable company that will appreciate my 20+ years of experience.
Email: losterastringban@aol.com
Eight-Five “Job Wanted” ads at:
http://64.125.68.90/LeasingNews/JobPostings.htm
-----------------------------------------------
NEW FEATURE
Client
Looking For A Leasing Attorney
California
Long Beach, CA.:
Our company ISPWEST, Inc. had a contract with Norvergence for internet,
phone, & cell phones in Carson, California. Norvergence farmed out
the lease to CIT financial, then went chapter 7. Now we have received
one letter from CIT reminding us that we have no option but to pay the
lease to them. They want $16000 for a useless router box. Not only have
we not had phone/internet or cell phones for over three weeks, we have
lost business because of this matter. We need help to get out of the
Norvergence contract (which was farmed out to CIT). Is there any attorney
out there who can help us? No one is trying to help the people affected
by this mess. please contact us at (310)637-2100 or at deborahp@rock.com
if you can offer any advice or help. Thank you for your time.
Georgia
Macon, GA.: Am interested
in a Chicago area attorney to represent Norvergence customer lessees
having rental agreements purchased by IFC. IFC is based in Morton Grove,
IL. Steve Elliott 478.477.4818 x130
E-mail: selliott@mbrweb.net
Now On Line at:
http://64.125.68.90/LeasingNews/JobPostingsSeekingAttorney.htm
This is “free” to
those looking for an attorney experienced in equipment leasing law.
To post an ad, please go here:
http://64.125.68.90/LeasingNews/PostingFormLegal.htm
New
York Times News Editor
--------------------------------------------
The Better
Business Bureau Reports:
Alliance
Funding Group/CapitalWerks-Preferred Lease
by
Christopher Menkin
Both companies who
were featured in a New York Times story written by Elizabeth Olsen on
August 12, Thursday, told Leasing News they were anticipating a “correction”
be made by the New York Times. Jim
Raeder said he flew to New York and met the reporter’s editor, Brent
Bowers. He expected a retraction or would consider litigation, he said.
Brij Patel delayed
his statement to Leasing News a full day as
he had put the entire
matter, he said, in the hands of his
attorney. He was
planning legal action.
To date, the New
York Times has not made any correction in
their newspaper that
we have seen, nor confirmed have
they
confirmed that plan
to do so. Several of the editors
contacted were not aware of any “inaccuracies” in the story by reporter
Elizabeth
Olsen.
To date, neither
Brij Patel, president of Alliance Funding
Group, nor James
Raeder, president of CapitalWerks/Preferred
Lease have been able
to provide confirmation that a
“correction” or “retraction”
will be made by the New York
Times.
The Better Business
Bureau reports on both companies were
citied in the New
York Times about “advance rentals:”
Alliance Funding Group
2099 South State
College Blvd, Suite 100
Anaheim, CA 92806:
“Nature of Business:
This company's business
is providing office, restaurant, security, industrial, medical/ dental,
automotive, laundry, audio/video, scientific/environmental, and other
equipment leasing and financing.
“Bureau File Experience:
“This company contacts
business owners via fax advertisements or mail, to advise they are pre-approved
for an equipment lease loan to expand their business.
We rate this company
as having an unsatisfactory business performance record.
“Complainants generally
allege accepting lease terms and providing deposits as required but
that either no leases are provided or the terms are changed and the
customers do not wish to pursue the lease. Most complain that they are
unable to obtain a refund of their deposit despite promises to the contrary.
“The company responds
to most complaints by issuing refunds, partial refunds or making offers
to retain deposits or other fees for future services. One complaint
remains unanswered.
“The Better Business
Bureau does not endorse, recommend or disapprove of any company, product,
or service.”
http://www.labbb.org/scripts/cgiip.exe/WService=
wsbroker1/C%3A/Inetpub/wwwroot
/SouthlandReport/default.htm?hCompID=1309648
6&hAKAID=1&hAddrID=3
Capitalwerks LLC
2151 Michelson Drive
Suite 255
Irvine, CA. 92612
(additional addresses
in Tahoe City and South
Coast Metro, California,
plus affiliation with
Preferred Lease were noted )
“Nature of Business:
“This company's business
is equipment leasing.
“Bureau File Experience:
“We rate this company
has having an unsatisfactory business record.
Most complainants
allege the company failed to fund the leases and then refused to refund
deposits. Complainants contend the company solicited them for a lease
agreement requiring a deposit of the first and last months rent along
with a processing fee. According to most complainants, when the company
is unable to fund the leases,
they promise to make
refunds but fail to do so. Most people complain that the company does
not return telephone calls.
“The company responded
to some complaints by issuing refunds for the deposits and, in some
cases, the processing fees. In other cases, they refused to make any
refunds claiming that the customer provided false information or refused
to proceed with the lease, even though the terms were changed. Some
complaints remain unanswered.
“The Better Business
Bureau does not endorse, recommend or disapprove of any company, product
or service.”
http://www.labbb.org/scripts/cgiip.exe/WService=
wsbroker1/C%3A/Inetpub/wwwroot
/SouthlandReport/default.htm?hCompID=13141
748&hAKAID=1&hAddrID=1
An “editor,” who
did not want to be named or quoted, and
referred me to the
corporate communication office. It
appears the New York
Times reporter Elizabeth Olsen spoke with all parties involved in the
story, received no documentation that
indicating either
Alliance Funding Group or Capitalwerks
were entitled to
keep any “advance rental” or other fees
as “earned,” plus
substantiated the Better Business
Bureau comments with
their own postings on the
two companies (see
above.)
Leasing News asked
for the ability to confirm or deny
a “correction” would
be forthcoming, but at press time,
had not heard back
from either Alliance Funding Group
or Capitalwerks/PreferredLease. Both companies
have stated they
requested a “correction.”
Previous stories
at:
http://www.leasingnews.org/archives/August_2004/8-13-2004.htm#norv
http://www.leasingnews.org/#all
“I read this article
a couple of times and do not see anything wrong with it.
“Why blame the NY
Times for pointing out something that is really going on? The leasing companies that are mentioned in this article, and others
who operate in similar fashion, are the ones that are giving leasing
a bad reputation.”
Ervin Leasing
Carl Frasse
Commercial Lease
Manager
cfrasse@ervinleasing.com
16313 N. Dale Mabry
Tampa, FL 33618
tel: 800-780-4770
ext 134
fax: 813-960-5000
mobile: 813-390-2612
---------------------------------------------
BankServ
First to Handle Domestic/International Transfers
US Banker Weekly
San Francisco-based
BankServ announced that it was accepted into Swift, a global financial
messaging co-operative, as a certified member services bureau.
The bank says it
becomes the first bank in the U.S. capable of handling both domestic
U.S. payments and international money transferred from start to finish
in a single automated service bureau process. Although a number of the
nation’s largest financial institutions are currently equipped to process
international wire transfers, most regional and community banks are
not.
BankServ’s technology
will allow even the smallest banks to move money across borders without
the added time and expense of maintaining an account at a larger institution,
say BankServ officials.
Classified
Ads---Help Wanted
Account
Executive / Small ticket leasing account reps
|
|
|
Vendor Sales Specialist: Experienced in developing relationships & vendor programs. Will need to establish/head our new vendor division. Must be knowledgable in all aspects of leasing from the broker lessor perspective. Entry Level Accountant: Entry level position, accounting background req., leasing exp. a plus, must be organized individual w/ strong work ethic. Please E-mail resume to: elang@nationwidefunding.com About the Company: Nationwide Funding, Irvine, CA. With its prime location in Southern California and offices in Chicago's downtown financial district, Nationwide Funding, LLC has been able to secure specialized credit facilities and create funding partnerships with a wide variety of financial institutions. This diversity allows Nationwide Funding, LLC to be a complete funding partner for your business. |
Credit-Funding-Operations
|
Credit Analyst: Seeking an energetic and organized Credit Analyst. At least one to two years of experience as a Credit Analyst in financial services (banking, insurance, leasing, or mortgage) is required. Funding Manager: Seeking a very organized, detail oriented Funding Manager. Minimum two years experience in brokering and discounting commercial equipment transactions is required. Operations Manager: Seeking an experienced Operations Manager with knowledge of all sides of operations. Must have a minimum of five years related experience. Send
email or fax to Ryan Johnson, Corporate Recruiter. |
|
|
Equipment Finance Sales Executive
|
|
Senior Contract Specialist
|
|
---------------------------------------------------
## Press Release
###################
PDS
Gaming Corporation Reports Financial Results for the Second Quarter
2004
LAS VEGAS--( PDS
Gaming Corporation (Nasdaq:PDSG), a company that finances, leases and
sells gaming equipment for the casino industry, today reported its operating
results for the second quarter ended June 30, 2004.
For the three months ended June 30, 2004, the Company reported
net income of $186,000, or $0.05 per diluted share, compared with net
income of $182,000 or $0.05 per diluted share, for the three months
ended June 30, 2003. Revenues were $20.2 million in the second quarter
2004 and $9.8 million in the second quarter 2003. Revenues from equipment
sales and sales-type leases increased to $10.4 million for the second
quarter 2004 from $1.6 million for the year-earlier quarter, due primarily
to significantly higher sales of equipment coming off lease.
Operating lease rentals increased from $6.1 million in the 2003
quarter to $8.6 million in the 2004 quarter, reflecting a larger lease
portfolio. The Company completed $30.4 million in originations during
the second quarter 2004, compared with $42.6 million in the second quarter
2003.
Interest expense increased by $1.4 million to $3.8 million for
the second quarter 2004, compared to $2.4 million for the year-earlier
period, primarily as a result of higher debt levels which financed growth
in the portfolio.
For the six month period ended June 30, 2004, the Company reported
net income of $344,000, or $0.09 per diluted share, compared with net
income of $443,000, or $0.12 per diluted share, for the six months ended
June 30, 2003. Revenues were $37.5 million in the first six months of
2004 compared with $19.3 million in the same period last year. As with
the current year quarter, the higher level of year-to-date revenues
in 2004 is primarily the result of significantly higher sales of equipment
coming off lease and significantly higher operating lease rentals. The
Company completed $59.4 million in originations in the first six months
of 2004, compared with $74.1 million in the same period of 2003.
Interest expense increased by $2.4 million to $7.0 million for
the six months ended June 30, 2004, compared to $4.6 million for the
year-earlier period. As with the current year quarter, this increase
was primarily the result of higher debt levels which financed growth
in the portfolio.
PDS Gaming Corporation provides customized finance and leasing
solutions to the casino industry in the United States. The Company is
headquartered in Las Vegas, Nevada, and its common stock trades on The
Nasdaq Stock Market under the symbol "PDSG".
CONTACT:PDS Gaming
Corporation, Las Vegas Peter D. Cleary
President, Treasurer and Chief Financial Officer 702-736-0700
### Press Release
################
ePlus Reports First Quarter Financial Results:
Revenues Increase 34% to $107 Million Diluted Earnings Per Share Decreases 4% to $0.23;
Net
Earnings Decrease 6% to $2.2 Million
HERNDON, Va--ePlus
inc. (Nasdaq NM: PLUS), a leading provider of Enterprise Cost Management
(ECM), today announced financial results for its first quarter of fiscal
year 2005, which ended June 30, 2004. For the quarter, as compared to
the same period the prior fiscal year, total revenues increased 34%
to $106.7 million from $79.9 million, net earnings decreased 5.6% to
$2.2 million from $2.3 million, and fully diluted earnings per share
decreased 4.2% to $0.23 from $0.24.
"This quarter's
financial performance included the Manchester Technologies, Inc. acquisition
which occurred on May 28, 2004. This transaction was structured as an
asset purchase in which we absorbed a full month's worth of expenses
in June, but recognized only certain sales due to the timing of transactions
which was part of the acquisition agreement" stated Phillip G.
Norton chairman, president and CEO of ePlus. "This acquisition
gives us a larger presence in the metropolitan New York City area, Baltimore,
Maryland and Boca Raton, Florida. We have experienced a significant
increase in revenues during this quarter, which reflects purchasing
levels we haven't seen for several years."
The increase in total
revenues for the quarter was driven by a 40.9% increase in Sales of
Equipment. ePlus' cash was reduced to $8.8 million at the quarter ended
June 30, 2004, from $25.2 million at fiscal year-end March 31, 2004.
The reduction was due, in part, to cash utilization for working capital
requirements, an increase in investment grade lease receivables in lieu
of non-recourse debt financing to increase net lease portfolio return,
and the cash consideration paid in the acquisition of Manchester Technologies,
Inc. Accounts receivable increased from $51.2 million on March 31, 2004
to $70.5 million on June 30, 2004 as a result of our higher sales levels.
On April 2, 2004, ePlus announced the increase of its floor-planning
and A/R financing agreement with GE Capital Distribution finance from
a total facility limit of $33 million to $50 million. Total Assets and
Shareholders Equity on June 30, 2004 were $299.7 million and $113.4
million, respectively, as compared to $294.2 million and $111.6 million
on March 31, 2004.
Highlights
-- ePlus acquired
the IT fulfillment, professional services, and software development
and consulting service businesses of Manchester Technologies, Inc. (NASD
NM: MANC). The acquisition expands ePlus' customer base and geographic
reach with the addition of established regional offices in metropolitan
New York, South Florida, and the Baltimore area. The acquisition also
expands ePlus' professional services team and will provide additional
opportunities to sell ePlus' Enterprise Cost Management solutions to
the newly acquired customer base.
-- ePlus received
several industry recognition awards, including being named as one of
Supply & Demand Chain Executive Magazine's Top 100 companies in
2004 for Enabling Supply Chain Transformation. In the VARBusiness 500,
ePlus Ranks #130 of Nation's Top 500 Resellers and also earned a place
in the VARBusiness Fast 50.
-- Georgia-Pacific,
one of the world's largest manufacturers of paper and building products,
deployed Procure+ to improve its electronic purchasing of technology-related
equipment in more than 350 locations across the United States. The ePlus
system strengthens Georgia-Pacific's cost control by improving employees'
ability to research products and pricing from preferred suppliers and
by giving managers advanced insight into spending patterns.
The financial results
presented herein are unaudited. Investors are encouraged to review the
company's Form 10-Q which will be filed on or around August 16, 2004
and to review other SEC filings including the company's audited financial
statements contained in Form 10-K.
Conference Call Scheduled
for August 18th at 9:30 A.M.
The Company will
host a conference call at 9:30 a.m. on August 18, 2004. To listen, please
call (973) 935-2107 or toll-free (800) 370-0923. Ask to be connected
to the ePlus conference call. Live and archived webcasts can be accessed
from www.eplus.com/investor.
A telephone replay of the conference call will be available by calling
(877) 519-4471 or (973) 341-3080, and entering the passcode 5071050
beginning at about 2:00 P.M. on August 18, 2004.
About ePlus inc.
A leading provider
of Enterprise Cost Management, ePlus provides a comprehensive solution
to reduce the costs of purchasing, owning, and financing goods and services.
ePlus Enterprise Cost Management (eECM) packages business process outsourcing,
eProcurement, asset management, product and catalog content management,
supplier enablement, strategic sourcing, financial services and document
access and collaboration into a single integrated solution, all based
on ePlus' leading business application software. The company is headquartered
in Herndon, VA, and has more than 30 locations in the U.S and Canada.
For more information, visit www.eplus.com,
call 888-482-1122 or email info@eplus.com.
ePlus inc.
Investor Relations:
Kley Parkhurst, 703-709-1924
### Press Release
#################
Richard
Anello Joins GMAC Commercial Financing Equipment Finance Division
SOUTHFIELD, Mich.
-- GMAC Commercial Finance (GMAC CF), part of General Motors Acceptance
Corporation (GMAC) since 1999, announces that Richard (Rick) Anello
has recently joined the company’s Equipment Finance Division (EFD) as
vice president, Asset Management, based in the Atlanta, Ga. office.
Anello’s focus will be on collateral valuation for transactions sourced
by the Commercial Asset Finance Group’s United States and United Kingdom
operations.
Anello comes to GMAC
CF from Asset Control Services, a Textron Financial company. His career
includes management positions at GE Capital and Bell Atlantic Corporation.
GMAC Commercial Finance,
considered a leader in its segment of the financial services market,
provides accounts receivable management, asset-based lending, equipment
finance/leasing, structured finance and supplier payment solutions to
a wide variety of middle-market clients in diverse industries. Loan
facilities are in the $1 million to $500 million range. With locations
in the United States, Canada, Hong Kong, Poland and United Kingdom,
the Company is positioned to provide lending services worldwide.
GMAC Commercial Finance
is a part of GMAC Financial Services. GMACFS has been a wholly owned
subsidiary of General Motors Corporation since 1919. Located in Atlanta,
Ga., the Equipment Division can be reached at (678) 553-2700.
Sites of Reference:
CONTACT:
Ken Chmelko
GMAC CF
Phone Number: 248.327.9369
Fax Number: 248.350.2733
E-mail: kchmelko@gmaccf.com
### Press Release #################
GMAC
CF Hires Brian Conn
Southfield, Mich.
– GMAC Commercial Finance (GMAC CF), part of General Motors Acceptance
Corporation (GMAC) since 1999, announces that Brian Conn has recently
joined the company’s Equipment Finance Division as head of the Capital
Funding Group in their Atlanta, Ga. office. Conn will support all EFD
groups in the sell side syndication efforts, as well as be involved
in developing new sources of funding and new product development.
Conn joins GMAC CF
from Dexia Global Finance LLC in New York (formerly Pricewaterhouse
Coopers Global Structured Finance), where he managed all aspects of
organizational debt and equity placement activities. This included the
creation of a business model that facilitated the placement of debt
and equity for over $22 billion of transaction cost, which generated
over $10 million in fees. Conn’s efforts focused on both domestic and
foreign transactions.
GMAC Commercial Finance,
considered a leader in its segment of the financial services market,
provides accounts receivable management, asset-based lending, equipment
finance/leasing, structured finance and supplier payment solutions to
a wide variety of middle-market clients in diverse industries. Loan
facilities are in the $1 million to $500 million range. With locations
in the United States, Canada, Hong Kong and United Kingdom, the Company
is positioned to provide lending services worldwide.
GMAC Commercial Finance,
part of GMAC Financial Services, has been a wholly owned subsidiary
of General Motors Corporation since 1919. Located in Atlanta, Ga., the
Equipment Finance Division can be reached at 678-553-2700.
Sites of Reference:
CONTACT:
Kim Rutherford
GMAC Commercial Financing
Phone Number: 248.358.8322
Fax Number: 248.350.2733
E-mail: krutherford@gmaccf.com
### Press Release
###########################
News
Briefs----
Terrorism Is Biggest
Economic Threat
http://www.washingtonpost.com/wp-dyn/articles/A6885-2004
Aug17.html?nav=headlines
Nerves Fray in Florida
as Grimy Reality Sinks In
http://www.nytimes.com/2004/08/17/national/17storm.html?hp
Thieves plunder in
Charley's aftermath
http://www.sptimes.com/2004/08/16/Weather/Thieves_plunder_in_Ch.shtml
U.S. insurers begin
tallying Charley losses
http://www.signonsandiego.com/news/business/20040816-0720-
weather-charley-insurers.html
Fitch: Hurricane
Charley Material but Manageable for Reinsurers
http://www.fitchratings.com/corporate/events/press_releases_detail.cfm?pr_id=129029
Oil prices decline,
But Could Be Short Lived
http://www.signonsandiego.com/news/business/20040816-1335-oilprices.html
The Google Countdown
Begins
http://www.internetnews.com/bus-news/article.php/3395661
Rates on CDs, money
market funds creeping higher
http://www.usatoday.com/money/perfi/general/2004-08-17-cd-rates_x.htm
Gap between haves,
have-nots expands
http://www.usatoday.com/money/economy/2004-08-16-income-disparity_x.htm
Cronkite, the 'Newspaperman,'
Lays Down His Pen,Criticizes Internet News Reporting
http://www.reuters.com/printerFriendlyPopup.jhtml?type=peopleNews&storyID=5989657
Israel Cave Linked
to John the Baptist
http://apnews.myway.com/article/20040816/D84GIE8O0.html
http://www.usatoday.com/news/world/2004-08-16-cave-israel_x.htm
-----------------------------------------------------------------------------
Sports
Briefs
Coughlin wins Olympic
100 backstroke
http://www.mercurynews.com/mld/mercurynews/sports/special_
packages/olympics/9415511.htm
Silver medal shines
bright for gymnasts
http://www.signonsandiego.com/sports/olympics/gym/200408
16-1948-cnsolygymnastics.html
Phelps is Thorpedoed
American earns 3rd
medal, a bronze; Aussie golden
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/08/17/OLYSWIM.TMP
Cowboys to Get New
Stadium?
http://www.dallasnews.com/sharedcontent/dws/spt/stories/
081704dnmetarlcowboys.82fe4676.html
Grievance filed in
Carter release
http://www.cowboysplus.com/topstory/stories/081704cpcowcarter.828ab9b9.html
Patriots rookie Watson
ends holdout
http://www.boston.com/sports/football/patriots/articles/2004/08/16/
patriots_pick_watson_ends_holdout/
California
Nuts Brief---
Schwarzenegger vows
to clean up state prisons
http://www.mercurynews.com/mld/mercurynews/news/local/states/california/northern
_california/9417356.htm?ERIGHTS=5752312647338447841mercurynews::
kitmenkin@leasingnews.org&KRD_RM=8oppqqutwvrusqvxuqpooooooo|Kit|N
http://www.mercurynews.com/mld/mercurynews/news/breaking_news/9418464.htm
-----------------------------------------------------------------------------
“Gimme
that Wine”
Grape growers facing
a new bug in Northern California
http://www.sacbee.com/content/community_news/el_dorado/story
/10371723p-11291405c.html
All the home winemakers
ready to squish
http://www.modbee.com/columnists/moran/story/8994255p-9888
064c.html
Global Warming Menaces
California Wine Industry
http://www.reuters.com/printerFriendlyPopup.jhtml?type=scienceNew
s&storyID=5989467
Cork can let in air
and taint wine, synthetics also allow oxidation, screw caps aren't popular
-- what to do?
http://www.oregonlive.com/living/oregonian/index.ssf?/base/living/
1092312231322690.xml
Russian River supply
fight pits thirsty people against endangered fish
http://www1.pressdemocrat.com/apps/pbcs.dll/article?AID=/20040815
/NEWS/408150316/1033/NEWS01
Day in American History
1585-
the Roanoke Island colony, sponsored by Sir Walter Raleigh, was
established on Roanoke Island, off the northeast coast of what is now
North Carolina, under the leadership of Sir Richard Grenville and Sir
Ralph Lane. The settlers fared badly and returned to England in June
of 1586. In 1587 Raleigh sent out another group, under John White, consisting
of 117 men, women, and children. White returned to England for supplies
but was unable to get back to Roanoke until Aug. 17, 1590. He found
all the colonists gone; the only clue to their fate was the word Croatoan carved on a tree. The meaning
of this remains unexplained and no trace was ever found of the settlers.
1635-
English Puritan Richard Mather, 39, first arrived in Boston. A staunch
defender of the congregational form of church government, Mather is
remembered today for founding the "dynasty" to which was born
his son Increase Mather in 1639, and his grandson Cotton Mather in 1663.
1786-
American Frontiersman Davy Crockett was born at Hawkins County, TN.
He died during the final heroic defense of the Alamo, March 6,
1836, at San Antonio, TX. In his autobiography, 1834, when he was a congressman,
Crockett wrote, “ I leave this rule for others when I am dead.
Be always sure you’re right—then go ahead.”
1790-First
presidential declaration of the free and equal status of Jewish-American
citizens.
http://memory.loc.gov/ammem/today/aug17.html
1807-
Robert Fulton began the first
American steamboat trip between Albany and New York, New York.
He revolutionized transportation and the growth of the country,
but was laughed
at for his invention. The US Minister of France Robert R. Livingston
raised money to allow
Fulton to design
and construct his “steamboat” in France.
He launched his “proto-type” on
the Seine in 1803. He then secured exclusive rights to operate
steamboats on the New York waters.
The first Albany-to-New
York trip took 32 hours to travel the 150-mile course. Although
his efforts were
labeled “Fulton’s Folly” by his detractors, his success allowed the
partnership to begin commercial services.
Fulton became a wealthy man, but when his exclusive contract
was up,
he lost most of his
business to Cornelius Vanderbilt, who parlayed his capital into banks,
railroads and real estate. Excellent book at www.amazon.com
The Vanderbilts and the Story of Their Fortune
by W. A. Croffut (Hardcover - June 1975)
1809-
In Pennsylvania, Thomas Campbell, 46, and his son Alexander, 20, formed
the American Movement for Christian Unity, which later became the Disciples
of Christ Church.
1887-Birthday
of Marcus (Moziah or Mosiah) A Garvey, St. Ann’s Bay, Jamaica,
well-known Black
leader of the “Back to Africa” movement.
http://search.eb.com/blackhistory/micro/227/63.html
http://www.finalcall.com/perspectives/m_garvey8-17-99.html
http://www.africawithin.com/garvey/garvey.htm
1892
(or 93)- Birthday of Mae West - U.S. burlesque, stage, radio, and movie
star who specialized in double- entendres and sensuality. She had a
regal bearing and her wisecracks were legend. She was sexual and was
proud of it. She was once arrested
for "corrupting" youth for her stage work. One of the problems
was not the throw of the hips or the sexual commons, but her very strong
woman roles. She was in charge of her life, her sexuality, and men went
to her. Her personal life mirrored her public presentation.
During World War II the inflatable life jacket was named after
her because of its large curves. She starred in vaudeville and on Broadway
for a number of years. She made 11 motion pictures including She Done
Him Wrong (1933) and My Little Chickadee (1940). She was pure camp.
Her autobiography is Goodness Had Nothing to Do With It (1959.)
She invested in real
estate, especially in Hollywood and became a very, very wealthy woman. Some of the famed "wise-cracks"
of Mae West who never married:
"Give a man
a free hand and he'll run it all over you."
"He who hesitates
is last."
"I only like
two kinds of men: foreign and domestic."
"I feel like
a million tonight, but one at a time."
"It's not the
men in your life who count. It's the life in your men."
"So many men,
so little time."
"I've been in
more laps than a napkin."
"Come up and
see me sometime....."
"When I'm good,
I'm very, very, good, but when I'm bad, I'm better."
"She's the kind
of girl who climbed the ladder of success wrong by wrong."
"When a girl
goes bad - men go right after her."
"I generally
avoid temptation unless I can't resist it."
"I've been rich
and I've been poor. Believe me, rich is better."
"It's better
to be looked over than overlooked."
"I wrote this
story myself, It's all about a girl who lost her reputation, but never
missed it."
1894
- Skookum Jim and Tagish Charlie, members of the Tagish First Nations
people, and George Carmack found gold in the Yukon, Canada, starting
what became known as the Klondike Gold Rush. The three men were prospecting
in Rabbit Creek (which they renamed Bonanza), a tributary of the Klondike
River, when they made their discovery. Over 100,000 people stampeded
to the Yukon in search of gold.
1896
- George Carmack discovered gold in a tributary of the Klondike River,
Canada, precipitating the famous gold rush.
1897---WB
Purvis patented the electric railway switch. Among the black inventor’s patents
was the first fountain
pen, patented bag machines, a bag fastener, a hand stamp, and the edge
cutter
for such products
as aluminum foil, wax paper, cling wrap.
1903
- The first Pulitzer Prize was awarded, when Joseph Pulitzer contributed
a million-dollar donation to Columbia University providing the funds
for the Pulitzer Prize awards made in his name.
1909-Bandleadere
Larry Clinton born Brooklyn, NY.
1915
- Dayton, Ohio resident Charles F. Kettering patented the electric,
automobile self-starter.
1915
--Mob lynches Jewish businessman Leo Frank in Cobb County, Ga after
death sentence for murder of 13-year-old girl commuted to life.
http://www.crimelibrary.com/classics/frank/
http://www.cviog.uga.edu/Projects/gainfo/leofrank.htm
http://www.leofranklynchers.com/
1915
- A hurricane hit Galveston, TX, with wind gusts to 120 mph and a twelve
foot storm surge. The storm claimed 275 lives, including forty-two on
Galveston Island, with most deaths due to drowning. Of 250 homes built
outside the seawall (which was constructed after the catastrophic hurricane
of 1900), just ten percent were left standing.
1918-Tenor
sax player Ike Quebec born Newark, NU.
1920
-Cleveland shortstop Ray Chapman dies as a result as a result of being
hit by a pitch thrown by Yankee
submariner Carl Mays. The tragedy remains the only on- field fatality
in major league history.
1920-Bassist
George Duvivier born NYC.
1939
- The magical "Wizard of Oz," the first movie to combine the
uses of black and white, and color film; premiered. It starred Judy
Garland as Dorothy Gale; Bert Lahr as both the Cowardly Lion and Zeke;
Ray Bolger as the Scarecrow and Hunk; and Jack Haley as both the Tin
Woodsman and Hickory. Buddy Ebsen originally cast as the Tin Man; but
sickness forced him to leave the production before its completion. The
movie was based on L. Frank Baum’s 1900 "The Wonderful Wizard of
Oz", which had previously adapted into a musical play. The Hollywood
version, directed by Victor Fleming, won an Oscar for best movie score
(Harold Arlen and E.Y. ‘Yip’ Harburg), and for best song, "Somewhere
Over the Rainbow".
1943
- On CBS radio, writer Norman Corwin’s first success "Passport
for Adams" debuted. It starred Robert Young, who played a small
town newspaper editor. Corwin would go on to have many radio successes
including radio classics: "This is War", "An American
in England" and "We Hold These Truths" all of which he
wrote and produced.
1943
- Lieutenant General George S. Patton and his
7th Army arrive in Messina, Sicily before British General Bernard Law
Montgomery and his 8th Army, winning the unofficial "race to Messina,"
and completing the Allied conquest of Sicily.
1944---Top
Hits
I’ll Be Seeing You
- Bing Crosby
Amor - Bing Crosby
Milkman, Keep Those
Bottles Quiet - Ella Mae Morse
Is You is or is You
Ain’t (Ma’ Baby) - Louis Jordan
1948-
An estimated crowd of 100,000 fans pass by the body of Babe Ruth which
is on display at Yankee Stadium.
1952---Top
Hits
Walkin’ My Baby Back
Home - Johnnie Ray
Auf Wiedersehn, Sweetheart
- Vera Lynn
Half as Much - Rosemary
Clooney
A Full Time Job -
Eddy Arnold
1954
- In Rhode Island, the Newport Jazz Festival opened at the Newport Casino.
The festival featured jazz legends Dizzy Gillespie, Gerry Mulligan and
Ella Fitzgerald.
1955-
Hurricane Diane, following hurricane Connie floods Connecticut River
killing 190 and doing $1.8 billion damage
http://www.erh.noaa.gov/er/nerfc/historical/aug1955.htm
1956-
Shelly Manne, with Previn and Vinnegar, cuts jazz version of “My Fair
Lady.” I used to see them in
person at the Lighthouse in Hermosa Beach, every weekend I could when
I went to high school
They made one of
the best jazz albums in history.
1960---Top
Hits
It’s Now or Never
- Elvis Presley
Walk--Don’t Run -
The Ventures
Walking to New Orleans
- Fats Domino
Please Help Me, I’m
Falling - Hank Locklin
1963—Football
coach Jon Gruden birthday.
1968
- People Got to Be Free, the hit single by The Rascals, rocketed into
the top slot on Billboard's record charts, and stayed there for 5 weeks.
1968---Top
Hits
People Got to Be
Free - The Rascals
Born to Be Wild -
Steppenwolf
Light My Fire - Jose
Feliciano
Heaven Says Hello
- Sonny James
1969
– Third day Woodstock : Richie Havens, Jefferson Airplane, Grateful
Dead, Crosby, Stills, Nash and Young, Creedence Clearwater Revival,
The Who, The Band, Janis Joplin, Jimi Hendrix.
1969
- Camille, the second worst hurricane in U.S. history, smashed into
the Mississippi coast. Winds gusted to 172 mph at Main Pass Block LA,
and to 190 mph near Bay Saint Louis MS. The hurricane claimed 256 lives,
and caused 1.3 billion dollars damage. Several ocean going ships were
carried over seven miles inland by the hurricane. The hurricane produced
winds to 200 mph, and a storm surge of 24.6 feet. Complete destruction
occurred in some coastal areas near the eye of the hurricane.
1973-
At Shea Stadium, 42-year old New York Mets' outfielder, Willie Mays,
hits his 660th and final home run of his career off Reds' lefty Don
Gullett. Third-string catcher Hal King belts a pinch-hit homer in the
top of the 10th inning giving Cincinnati a 2-1 victory.
1974-Bad
Company's "Can't Get Enough" is released.
1976---Top
Hits
Don’t Go Breaking
My Heart - Elton John and Kiki Dee
You Should Be Dancing
- Bee Gees
Let ’Em In -Wings
Say It Again - Don
Williams
1977-The
day after Elvis Presley's death, President Jimmy Carter issues the following
statement, "Elvis Presley's death deprives our country of a part
of itself. He was unique and irreplaceable. More than twenty years ago,
he burst upon the scene with an impact that was unprecedented and will
probably never be equaled. His music and his personality, fusing the
styles of white country and black rhythm and blues, permanently changed
the face of American popular culture. His following was immense and
he was a symbol to people the world over, of the vitality, rebelliousness
and good humor of his country." Or as James Brown once put it,
"he taught white America to get down."
1977-Florists
Transworld Delivery (FTD) reports that in one day the number of orders
for flowers to be delivered to Graceland has surpassed the number for
any other event in the company's history
1978-Deep
Purple's "Hush" is released.
1984---Top
Hits
Ghostbusters - Ray
Parker Jr.
What’s Love Got to
Do with It - Tina Turner
State of Shock -
Jacksons
That’s the Thing
About Love - Don Williams
1988
- Fifty-five cities, from the Middle Mississippi Valley to the Middle
Atlantic Coast Region, reported record high temperatures for the date.
Beckley WV reported an all-time record high of 96 degrees, and Baltimore
MD hit 104 degrees, marking their thirteenth day of the year with 100
degree heat. Chicago IL equaled a record with 46 days of 90 degree weather
for the year. Thunderstorms produced severe weather from Wisconsin to
New Jersey. Thunderstorms in New Jersey produced high winds which gusted
to 92 mph at Wrightstown, and blew down a circus tent at Lavallette
injuring fourteen persons.
1992
- Woody Allen admitted to being romantically involved with Soon-Yi Previn,
adopted daughter of Mia Farrow, Allen's longtime companion.
1993
- Pop star Michael Jackson became the subject of an investigation of
child molestation of a 13-year-old boy. Police confiscated video tapes
and photographs from Jackson's Neverland ranch home, but found nothing
to support the allegation. The charge was that Jackson had fondled and
engaged in oral sex with the boy over a period of several months. It
was believed that the child-abuse allegation grew out of an "extortion
gone awry," after a purported demand for $20 million by the boy's
father, a dentist, was denied. Charges were later dropped, and an unidentified
source leaked to the press that a hefty settlement, possibly as high
as $15 million, was paid to the boy's family. More than a year after
the damaging allegations were made, the Santa Barbara County and Los
Angeles County district attorneys publicly announced that they didn't
have enough evidence to charge the pop singer with a single crime.
1996
- Ross Perot announced he was the Reform Party's presidential candidate.
1998
- United States President Clinton admitted to having an improper relationship
with former White House intern Monica Lewinsky.
2002
Homering in the seventh inning of Mariner stater James Baldwin, Yankee
All-star Alfonso Soriano becomes the first second baseman to hit 30
home runs and steal 30 bases in the same season. Bobby Bonds is the
only other Yankee to post a 30/30 season accomplishing the feat in 1975.
2002-
Alex Rodriguez becomes the sixth player and the first infielder to compile
five
consecutive 40-home
run seasons. The Rangers' shortstop joins Ralph Kiner (1947-51), Duke
Snider (1953-57), Ken Griffey Jr (1996-2000), Sammy Sosa (1998-2002)
and Babe Ruth ( 1926-32), who established the record with seven straight
40-homer seasons.
2003-
Peanuts character Charlie Brown joins late broadcaster Bob Prince, Negro
League
star Josh Gibson,
former catcher Manny Sanguillen current shortstop Jack Wilson to be
honored by the Pirates with a bobblehead doll give-away day. Almost
ten percent of the nearly 18,000 Peanuts strips created by Charles Schulz
focused on baseball.
2003
-The Rally Monkey, the Angels' unofficial mascot, is honored for its
contribution to last
season's world championship
with it's own bobble head doll promotion. The Rally Monkey Bobble Belly
joins other dolls given to fans this year paying tribute to Troy Glaus'
(2002 World Series MVP) , Adam Kennedy' (ALCS MVP), and Mike Scioscia
(AL manager of the year) and will wear an Anaheim jersey with a name
of a honored player on the back.
Baseball
Poem
WHY
BASEBALL WALTZES WITH LETTERS
by Tim Peeler
A
Faulkner sentence is an extra inning game,
Simply
and finally playing through its Will and exhaustion.
Third
Base Coach signals are ee cummings poems-
Gimmicky,
sure, but meaningful in their color
When
you break the code.
The
prisons play contests of Bukowski prose,
Where
a stolen base may be a literal image
And
everybody gambles nothing.
Weird
killers load the bases at a
Stephen
King Little League field, the sequel,
A
grand slam promise at the bank.
Although
Poe would never sit through nine,
His
words are a dark season in the cellar,
A
team leaving town and the death of a Beautiful groupie.
Finally,
Wolfe who wrote slugfest
Double-headers
played to million-footed
Throngs,
then flickered like so many other
Stars
never meant for extra innings.
-------------------
--- with the permission of the author, from his
book of baseball poetry:
“Waiting for Godot’s
First Pitch”
More Poems from Baseball
available from Amazon
or direct
from the publisher
at: www.mcfarlandpub.com
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