Thursday, July 8, 2021
Today's Leasing News Headlines
Big Gains Following Recessions
Chart
Fifth Notice of Modifications to Proposed Regulations:
California Financing Law (PRO 02/17)
New Hires/Promotions in the Leasing Business
and Related Industries
Leasing Industry Ads
Top Sales Position Open
Leads vs. Prospects
Sales Makes it Happen by Scott Wheeler, CLFP
US House Price Growth is at its
Highest Level in Over 30 Years – Chart
North Mill Announces Record Quarterly Originations
Exceeding $120 Million
Brean Capital, LLC, Closes $50 Million
Corporate Note Financing for Balboa Capital
ELFA Announces Agenda: Emergence2021 LIVE! July 14
Recognizes Members of 2021 Emerging Talent Advisory Council
42nd Street/Top Hat/The Band Wagon
Singin' in the Rain/The Umbrellas of Cherbourg
Celebrating Dancing Films by Fernando Croce
Labrador Retriever/Australian Shepherd Mix
Simi Valley, California Adopt a Dog
AACFB Super Saver Extended to Monday, July 12th
Conference Nashville, Tennessee Sept. 8 - 10th, 2021
News Briefs---
DataMerch Grows Past 50,000 Unique Records
Entered by Funder-members
Sacramento Train Builders to Overhaul Amtrak’s Fleet
with Siemens’ Record $3.4 Billion Deal
Top 50 food and grocery retailers by sales
Walmart, Amazon, Kroger, Costco
Ford Mustang Mach-E wins Car and Driver
EV of the Year award
You May have Missed---
Licensing in CO, CT, DE, FL,GA
Segment2 by Kenneth C. Greene in debanked
Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device
Sports Brief----
California Nuts Brief---
"Gimme that Wine"
This Day in History
SuDoku
Daily Puzzle
GasBuddy
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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Fifth Notice of Modifications to Proposed Regulations:
California Financing Law (PRO 02/17)
The Department of Financial Protection and Innovation seeks comments on modifications to proposed regulations under the California Financing Law. The proposed amendments and additions to the regulations under the California Financing Law, first published on October 25, 2019, relate to the transition of licensees onto NMLS and the oversight of PACE program administrators.
The last day to submit comments on the fifth proposed modifications is Thursday, July 22, 2021.
Submit comments by any of the following:
Email to regulations@dfpi.ca.gov
Postal mail addressed to Department of Financial Protection and Innovation, Attn: Sandra Sandoval, 300 S. Spring Street, Suite 15513, Los Angeles, CA 90013
Fifth Notice of Modifications – PRO 02/17 (PDF)
https://dfpi.ca.gov/wp-content/uploads/sites/337/2021/07/PRO-02-17-Notice-of-Fifth-Modifications.pdf
Fifth Proposed Modified Text – PRO 02/17 (PDF)
https://dfpi.ca.gov/wp-content/uploads/sites/337/2021/07/PRO-02-17-Fifth-15-Day-Comment-Period.pdf
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New Hires/Promotions in the Leasing Business
and Related Industries
Caitlin Bates was hired as Documentation Funding Specialist, Ascentium Capital, Kingwood, Texas. She is located in Portsmouth, New Hampshire, working at the company's Dover office. Previously, she was Funding Manager, Alliance Funding Group (November, 2019 - January, 2021); Funding Manager, CIT (September, 2017 - November, 2019); Office Manager, Colonial Rental Management (August, 2016 - August, 2017); Freelance Writer, John Nagle Company (October, 2016 - January, 2017); Digital Content Intern, New Hampshire 1 News (October, 2015 - January, 2016); Staff Writer, The New Hampshire Newspaper (September, 2014 - January, 2016). Licenses: Content Marketing. Issued June, 2015 - Expired August, 2019. Volunteer: Big Sister, Group Manager, Big Brothers, Big Sisters of America (January, 2009 - May, 2012).
https://www.linkedin.com/in/caitlin-bates-bb348499/
Roger Beil was hired as Regional Account Manager, Arvest Equipment Finance, Fayetteville; Arkansas. He is located in Olathe, Kansas. Previously, he was Vice President/Regional Sales Manager, Construction, Wells Fargo Vendor Finance Services (December, 2016 - June, 2021). Assistant Vice President, Transportation Finance Group, Marlin Business Services Corp. (June, 2015 – December, 2016); Regional Sales Manager, Hitachi Capital America Corp. (August, 2014 -June, 2015); District Sales Manager, Equity Financial, LLC (January, 2012 - February, 2013); Territory Manager, Trans Lease, Inc. (May, 2011–January, 2012); District Sales Manager, TCF Equipment Finance (September, 2006 – ay, 2011); District Sales Manager, The CIT Group/Equipment Financing, Inc. (September, 2003 – September, 2006); District Sales Manager, CitiCapital Commercial Corp. (f/k/a Associates Commercial Corp.) (June 1998 – September, 2003); Branch Credit Manager, Associates Commercial Corporation (June, 1994 –June, 1998); Education: University of North Texas, Bachelor of Science (B.S.), Accounting and Finance. www.linkedin.com/in/rogerbeil
Sean Dhillon was promoted to Account Manager, Regents Capital Corporation, Costa Mesa, California. He joined the firm July, 2021, as Senior Account Executive. Previously, he was Account Manager, Impact Networking, LLC (August, 2018 - August, 2019); Marketing Intern, Carmody McKnight Estate Wines (April, 2017 - June, 2017); Marketing Intern, Geoform International (January, 2017 - March, 2017). Licenses and Certifications: AMA PCM Digital Marketing, The American Marketing Association, Washington, D.C. (Issued November, 2017. Expired November, 2020). Lean Six Sigma Green Belt, MoreSteam.com LLC. Sports Industry Essentials, Columbia University Sports Industry Essentials. https://www.linkedin.com/in/sean-dhillon-1aab2574/
Andrew DiBari, CPA, was hired as Senior Director, Capital Markets, Auxilior Capital Partners, Inc., Plymouth Meeting, Pennsylvania. He is located in Ellicott City, Maryland. Previously, he was Vice President, Capital Markets, Bank of America (April, 2010 - July, 2021); Associate Syndications Representative, Capital Markets, GE Capital (February, 2008 - August, 2010); Auditor-In-Charge, Deloitte & Touche (December, 2005 - December, 2007); Audit Associate, PWC (August, 2005 - January, 2006); Finance Intern, GE, May, 2001 - August, 2002). Certified Public Accountant. 8450. Education: The Johns Hopkins University, Carey Business School, MBA, Strategic Manager (2009 - 2013). Isenberg School of Management, UMASS Amherst (MSA, Accounting (2004 - 2005). Isenberg School of Management, UMass Amherst, BBA, Finance. https://www.linkedin.com/in/andrew-dibari-cpa-14a01b2/
Blake Kennedy has joined Coeur Capital, Inc., as Partner, Atlanta, Georgia. Previously, he was Senior Vice President, Business Development, Action Capital (August, 2018 - June, 2021). He joined Bibby Financial Services, USA, September, 2008, as Vice President of Sales and Marketing; promoted January, 2014, Head of Sales, South; promoted October, 2015, Senior Vice President, Business Development; Account Manager/Business Development UPS (1996 – 2006). Education: Elon University, Political Science (1990 – 1994). https://www.linkedin.com/in/blake-kennedy-695130b/
Philip Kim was hired as Director of Syndications, Blue Bridge Financial, Buffalo, New York. He is located in Costa Mesa, California. Previously, he was at Partners Capital Group, starting May, 2017, as Senior Underwriter; promoted June, 2019, Credit Manager; Account Executive, Providence Capital Funding (December, 20176 - May, 2017); Operations Manager, Kim's Tailoring (August, 2016 - December, 2016); Recruiter, HomeSmart Realty Group (May, 2016 - July, 2016); Senior Account Executive, ASAP Funder (July, 2015 - June, 2016); Field Marketing Representative, M&M Media, Inc. (February, 2015 - August, 2015); Junior Account Executive, ICNM (May, 2014 - August, 2014); Media Strategist, California State University, Fullerton (August, 2013 - December, 2013); Student Intern: Financial Adviser & Media Strategist, EdVenture Partners (August, 2013 - December, 2013). Volunteer: Founder and Coordinator, Dancing with Faith (Disaster and Humanitarian Relief). Education: Seoul National University, Korean Language and Literature (2016). Seoul National University International Summer Institute). California State University, Fullerton. Bachelor of Arts, Communications; Advertising (2010 - 2014). McLean High School, High School Diploma (2004 - 2008). Activities and Societies: Key Club, Future Business Leader of America, Varsity Lacrosse, Varsity Cross Country, Varsity Wrestling. https://www.linkedin.com/in/philip-kim-a8412773/
Patrick Lewis was promoted as Vice President, Arvest Equipment Finance, Arvest Bank, Fayetteville, Arkansas. He is located in Conway, Arkansas. He joined the firm April, 2019, as Commercial Loan Officer, Vice President. "In his new role, Lewis is responsible for generating, evaluating, approving, processing, closing and servicing on commercial equipment lending/leasing agreements." Previously, he was at Regions Bank, starting April, 2009, as Branch Manager; promoted November, 2015, Commercial Banking Relationship Manager. Education: University of Alabama, Finance, Real Estate (2000 -2004).
https://www.linkedin.com/in/patrick-lewis-bb3a299b/
Bradon Marshall was promoted to Sales Manager, Quality Leasing Company, Carmel, Indiana. He joined the company October, 2019, as Senior Leasing Consultant. He is located in Victoria, Texas. "In his new role, Marshall is tasked with growing originations, expanding customer service, and managing the company’s 12-person sales team. He will also act as the primary liaison between Quality’s Sales and Admin teams in an effort to increase processing efficiencies; all while continuing to service his current TPO clients." Previously, he was at C.H.Brown Co., Equipment Finance, joining the company June, 2014, as National Sales Director, promoted October, 2017, President. Education: West Texas A&M University, Bachelor of Science, BS, Agricultural Business and Management (2011 - 2015). https://www.linkedin.com/in/bradon-marshall-ba04a3151/
Patrick O'Connor was hired as Sales Consultant, Quality Leasing Co., Inc., Carmel, Indiana. He is located in Mattapoisett Center, Massachusetts. He joined TimePayment November, 2018, as Syndication Desk Manager, promoted June, 2019, Director of Sales and Capital Market. Prior, he was Director of Business Development, LeaseQ (June, 2015 - October, 2018); Vice President of Retirement Planning Services, Life Solutions Group (July, 2014 - August, 2015); Financial Advisor, Concord Wealth Management (July, 2013 - July, 2014); Financial Services Professional (July, 2009 - July, 2013); Data Entry, Eastern Cooperative Oncology Group (2006 - 2007). Education: Bryant University, Bachelor, Economics (2007 - 2009). Activities and Societies: Baseball. Wheaton College (MA). https://www.linkedin.com/in/patrick-o-connor-56ab1817/
Michelle Paolini was hired as Equipment Finance Sales Coordinator, Huntington National Bank. She is located in Pottstown, Pennsylvania. She joined TCF Bank February, 2021, which was merged with Huntington National Bank. Previously, she was Senior Sales Support Specialist, BB&T (September, 2017 - February, 2021). She joined DLL August, 2006, as Account Manager, promoted November, 2013, Structured Sales Support Analyst. Prior, she was Promotion Director, CBS Radio (April, 1996 - March, 2006); Manager, Paolini's Restaurant (1987 - 1998). Education: Bloomsburg University of Pennsylvania. Bachelor of Arts (B.A.), Communications and Marketing (1993 - 1995). https://www.linkedin.com/in/michelle-paolini-a6121b57/
Diana Principe was promoted to Senior Vice President, Operations, Sumitomo Mitsui Finance and Leasing Company, Limited, New York, New York. She joined the firm December, 2019, as Vice President, Operations. Previously, she was Assistant Controller, CitiCapital/Wasco Funding Corp. (July, 1996 - December, 2001); Operations Manager/Documentation, BLT Leasing Corp. (May, 1987 - July, 1996). https://www.linkedin.com/in/diana-principe-a7169619/
Daniel Roberts was promoted to Account Executive, OnPoint Capital, Boston, Massachusetts. He is located in Findlay, Ohio. He joined the firm July, 2018 as Equipment Finance Leadership Trainee; promoted April, 2019, Account Manager. Previously, he was Summer Research Associate, National Maintenance Services (May, 2018 - June, 2018); Corporate Finance Associate, GSG Financial (June, 2017 - August, 2017); Statistician, Wittenberg University Athletics (August, 2014 - May, 2015). Education: Wittenberg University, BA in Finance (2014 - 2018). Activities and Societies: Witt Men's Soccer Program (4 years). Phi Kappa Psi Fraternity. New Member Education. Recording Secretary, Social Secretary. Van Buren High School (2010 - 2014). https://www.linkedin.com/in/daniel-roberts-029766129/
Joel Shaffer was hired as Premier Account Manager, CIT, New York, New York. He is located in Metro Jacksonville, Florida. Previously, he was Recruitment Manager, Robert Half Finance and Accounting (September, 2018 - July, 2021). Account Manager, GE (April, 2012 - July, 2021). He joined GE Capital January, 2014, as Cash Operations Specialist, promoted Cash Accounts Reconciliation Specialist, April, 2016). New Business/Customer Service Representative, Caterpillar Financial (January, 2003 - August, 2011). Volunteer: Public Speaker, Children's Home Society of Florida (2013 - Present). Volunteer, Dreams Come True of Jacksonville, a yearly event at GE from anywhere from 4 to 6 kids. Licenses: SimpLean Certificate, November, 2014. Green Belt Certified. https://www.linkedin.com/in/joel-shaffer-5328a838/
David Zgrabik was hired as Senior Vice President of Delta Financial Group, Basking Ridge, New Jersey. He is located in Columbus, Ohio. Previously, he was Senior Vice President, Specialty Markets Manager, Automotive, Aerospace and Defense, Wells Fargo Equipment Finance (July, 2017 - February,, 2021); Senior Vice President, WNB Specialty Finance (March, 2016 - July, 2017); Vice President, Capital One Equipment Finance Corp. (April, 2013 - February, 2016); Vice President, SunTrust Equipment Finance & Leasing Corp. (2003 - March, 2013); Vice President, GE Capital (1997 - 2003). Volunteer, Nationwide Children's Hospital (May, 2014 - Present). Past Board Member, Big Brothers, Big Sisters of Central, Ohio. Education: Cleveland State University, BBA, Accounting. Xavier University, MBA, Master of Business Administration, MBA, Finance. https://www.linkedin.com/in/david-zgrabik/
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Help Wanted Ads
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Leads vs. Prospects
Sales Makes it Happen by Scott Wheeler, CLFP
Many originators in the commercial equipment finance and leasing industry have a large database of potential leads. Top originators can convert leads into qualified prospects with the potential to become clients. The conversion requires:
- Salesmanship: Top originators convince their leads that the originator and his company are the perfect financial solution for the lead's equipment acquisitions.
- Investigation: Top originators prequalify their leads from the beginning of their calling efforts to ensure that the lead is a potential custome
- Engagement: Top originators understand that the commercial equipment leasing and finance business is a personal business and that the best leads align with the originator's personal attributes and value proposition.
- Persistence: The conversion from a lead, to prospect, to client is a process. Top originators are willing to move their leads through the process in an efficient, systematic approach.
A large database of unqualified leads is strictly a listing of companies.
- Top originators can convert simple leads into qualified prospects with the real potential of becoming active vendors and end-users.
- Top originators accept the challenge of creating a meaningful database of qualified prospects which align with their capabilities.
- Top originators thrive on taking ownership of the process and creating new relationships and new clients.
Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com
Sales Makes it Happen articles:
http://www.leasingnews.org/Legacy/index.htm
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North Mill Announces Record Quarterly Originations
Exceeding $120 Million
NORWALK, CT – North Mill Equipment Finance LLC (“North Mill”), a leading independent commercial equipment lessor located in Norwalk, Connecticut, announced that its originations for the second quarter of this year exceeded a record-breaking $120 million. A new record was also set for June as originations closed at just under $26 million, the best month in the company’s history.
Contributing to North Mill’s stellar quarter was the acquisition of a $50.3M portfolio of seasoned truck and trailer leases through an arrangement with North Mill’s long-time referral partner, Greg Minsky of Pelagic Capital Corporation. The portfolio was debt financed through a new facility with East West Bank. Traditionally funded quarterly volume through North Mill’s referral network exceeded $70 million, in and of itself, another record for the organization.
David C. Lee, North Mill’s Chairman and CEO, declared, “Quarterly volume generated by the broker channel is up 118% from the same period last year. Compared to Q2 of 2020, the company witnessed its average FICO climb five points to 716 while the number of applications submitted increased by close to 33%, finishing at a record 5,015 transactions.
“We have established ongoing relations with a solid base of dedicated, loyal referral agents that consider us a partner in every sense of the word. They’ve helped grow our business and bring the company to unprecedented heights.”
Lee said that the company’s weighted average yield dropped 50 basis points from the same period last year, a result of higher quality deals submitted by referral agents. In a move designed to help close even more business, North Mill revised its buy rate schedule the first of this month. Rates were lowered in some cases by as much as 150 basis points with the lowest buy rate, now just 6.25 percent.
“North Mill will continue to develop other programs in support of the broker channel such as discounting arrangements with key referral sources, including providing capital to some of those brokerages,” explained Lee.
The company also streamlined and simplified its commission matrix, making it much easier for referral agents to determine eligible payouts. Earlier this year, North Mill doubled its maximum deal size from $300,000 to $600,000, opening a new market for larger-sized deals funded by the company. The new commission schedule includes a payout category for these transactions.
North Mill President, Mark Bonanno, commented, “North Mill is achieving outstanding results across the business. Every department is firing on all cylinders.
“On the operations side of the business, collections for the month of June were at an all-time high while delinquencies and repossessions remained exceedingly low.”
Bonanno also recognized the company’s information technology team: “Our IT department is working feverishly to digitally enhance the broker experience. They’re unveiling a robust broker portal that will help referral partners better manage deal flow, submit and structure transactions, and monitor key performance indicators.
Given the growing number of brokers who opt to discount with North Mill, the team is also creating a self-service platform where brokers can analyze, price, and submits deals according to the company’s credit parameters.
To better manage its extraordinary growth rate, North Mill opened two new regional offices in the second quarter.
An office in Irvine, California was opened to better service referral agents on the West Coast. An office in Voorhees, New Jersey was established to leverage the company’s expanding workforce on the east coast. A third office in Dover, New Hampshire was opened earlier this year. The company’s headquarters is in Norwalk, Connecticut.
About North Mill Equipment Finance
North Mill Equipment Finance originates and services small-ticket equipment leases and loans, ranging from $15,000 to $600,000 in value. A broker-centric private lender, the company handles A – C credit qualities and finances transactions for numerous asset categories including construction, transportation, vocational, medical, manufacturing, printing, and material handling equipment. North Mill is majority owned by an affiliate of WAFRA Capital Partners, Inc. (WCP). For more information, visit www.nmef.com.
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Brean Capital, LLC, Closes $50 Million
Corporate Note Financing for Balboa Capital
Balboa Capital, a leading direct lender that offers equipment financing, small business loans and franchise financing, closed a $50 million corporate note financing provided by a consortium of prominent, U.S.-based institutional investors. The transaction was assigned a BBB+ rating by a nationally recognized statistical ratings organization. Balboa Capital intends to use the proceeds from the issuance to refinance a portion of corporate debt and for general working capital purposes.
Brean Capital, LLC served as Balboa Capital’s Exclusive Advisor and Placement Agent in connection with this transaction.
Heather Parker, Chief Financial Officer at Balboa Capital, said, “This transaction demonstrates the strength of our business and our investors’ support for our strategy and growth potential in 2021 and beyond.
“We are well-positioned as one of the largest independent financing companies in the United States and will continue to play a meaningful role in the nation’s economic recovery by helping small businesses access growth capital.”
Balboa Capital’s $50 million corporate note financing comes eight months after the company completed its seventh equipment asset-backed securitization (ABS), a $201 million issuance. “This is another step toward our key business objectives, which are to increase our financial flexibility, continue our growth, and maintain sufficient capital during any economic condition,” said Ms. Parker.
Balboa Capital is a technology-driven financing company that provides business owners with fast, hassle-free solutions to fuel their growth and success. The company specializes in small business loans, equipment financing, commercial financing, equipment vendor financing, and franchise financing. Balboa Capital developed an intuitive online platform that simplifies the entire financing process. Calculators provide instant estimates, applications can be completed and submitted in a matter of minutes, and sophisticated credit scoring technology provides instant decisions. To learn more, visit https://www.balboacapital.com.
Brean Capital’s Investment Banking Group is dedicated to helping its clients achieve their strategic and financial goals. For more than 40 years, the Firm has specialized in providing capital raising, M&A and financial advisory services to middle market businesses. Throughout its history, Brean Capital has established a track record of providing its clients with deep market knowledge, commitment and experience to ensure a successful transaction.
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ELFA Announces Agenda: Emergence2021 LIVE! July 14
Recognizes Members of 2021 Emerging Talent Advisory Council
Washington, D.C. – The Equipment Leasing and Finance Association today released the detailed agenda for Emergence2021 LIVE!, a virtual leadership program on July 14 for emerging talent in the equipment finance industry. The one-day event, which is focused on the theme “Look to the Future,” is designed to help up-and-coming employees from ELFA member companies to gain new leadership skills, devise strategies to shape their careers and develop a network of peers as they progress in their careers.
Lexie Dressman, Chair of the Emerging Talent Advisory Council (ETAC), commented, “We’re looking forward to a lot of stimulating discussion at Emergence2021 LIVE!
“How can you become a leader others want to follow? How can you develop foresight to prepare for what's coming next? These are just a few of the topics we’ll discuss. Plus, we’re excited to network with existing and new contacts on our interactive platform. We look forward to seeing as many members of the emerging talent community as possible on July 14!”
Sessions at Emergence2021 LIVE! will include:
- Economic Outlook with Jeff Jensen, Keybridge Research
- Managing Leadership Styles & Emotions in the Workplace with Leadership Expert Pierre Quinn
- Ask a Leader Panel: Becoming a More Seasoned Leader
- Building Your Leadership Toolkit in a World Focused on Diversity, Equity & Inclusion
- Think Like a Futurist with Futurist Terry Grim
- Virtual Networking Event
Planning Committee
ELFA recognizes the members of the 2021 Emerging Talent Advisory Council who are hosting Emergence2021 LIVE!, as well as the task force planning the event (marked with *):
- Lexie Dressman*, Counsel, Huntington Equipment Finance (ETAC Chair)
- Kaitlin Bonner, Relationship Manager, Farm Credit Leasing
- Garland Brooks, Senior Advisor, Business Enablement & Sales Optimization, Dell Financial Services
- Stephen Brown, CLFP, AVP Client Controller, Orion First Financial, LLC
- Eric Cable, Director - Lender Finance and Capital Markets, CIT
- Michael DiCecco, Executive Managing Director, Huntington Asset Finance, Huntington Equipment Finance
- Jacob Fahl, Opportunity Development Leader, Funding & Portfolio Services, Hitachi Capital America Corp.
- Xiang Ji, Commercial Risk Senior Manager, Toyota Industries Commercial Finance, Inc.
- Martin Klotzman*, CLFP, Senior Marketing Manager, Ivory Consulting Corporation
- Lana Kralik*, CLFP, Credit Manager, U.S. Bank Equipment Finance (Chair, Emergence2021 Planning Committee)
- Emily Latham-Bolt, Head of HR, DLL
- Sean McKenna, National Sales Specialist, Great American Insurance Group
- Harrison Smith*, Vice President, Stonebriar Commercial Finance
- Ryan van de Boogaard*, Leasing Manager, Key Equipment Finance
- Matthew Vazzana*, Huntington Asset Finance, National Account Executive
- Helen Woodhouse, Global Field Marketing Manager - Sopra Financing Platform, Sopra Banking Software
More Information
The agenda and registration details for Emergence2021 LIVE! are available at http://www.elfaonline.org/events/2021/Emergence21.
About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the nearly $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 575 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. In 2021, ELFA is celebrating 60 years of equipping business for success. For more information, please visit www.elfaonline.org.
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Watch at Home: Fernando's Reviews
With “In the Heights” hitting theaters, and “Dear Evan Hansen,” “Annette” and “West Side Story” coming later this year, it looks like 2021 will be brimming with new movie musicals. So in preparation, check out our list of the favorite entries in this tuneful genre.
42nd Street (Lloyd Bacon, 1933): The quintessential Great Depression musical, this classic has frequently been imitated and spoofed but still maintains its original freshness. The plot revolves around the production of the Broadway hit “Pretty Lady,” bringing together such characters as the veteran director (Warner Baxter), the leading lady with a sprained ankle (Bebe Daniels), the crooning star (Dick Powell) and the hopeful ingénue (Ruby Keeler). But what everyone remembers is not the plot, but the fantastic musical numbers by legendary choreographer Busby Berkeley. Using imaginative angles to turn dancers and chorus girls into eye-popping geometric patterns, Berkeley’s dreamlike sequences (which unfold like human kaleidoscopes) contrast with the snappy, gritty, desperate reality of the characters. Keep an eye out for Ginger Rogers as one of the chorines.
Top Hat (Mark Sandrich, 1935): At the very opposite end of Busby Berkeley’s fast-cutting extravaganzas are the graceful dances of Fred Astaire and Ginger Rogers, to whom the genre was a form of pure cinematic seduction. Arguably their best pairing, this mix of musical and screwball comedy showcases them at their peak. Astaire plays Jerry Travers, an American entertainer in London who falls in love with socialite Dale Tremont (Rogers). Through a misunderstanding, Dale thinks Jerry is married to her friend Madge (Helen Broderick), who’s actually married to Jerry’s friend Horace (Edward Everett Horton). Astaire’s aristocratic grace and Rogers’ wisecracking sass combine to create poetry on the dance floor, with such unforgettable Irving Berlin numbers as “Top Hat, White Tie and Tails” and their signature “Cheek to Cheek.”
Singin’ in the Rain (Stanley Donen & Gene Kelly, 1952): No list of favorite musicals would be complete without this joyous knockout, one of the luminous glories of cinema. Taking a look at the transition from silents to sound films in early Hollywood, the story follows movie star Don Lockwood (Gene Kelly, who also directed with Stanley Donen), who hits upon the inspiration of turning his latest swashbuckling romance into a musical. One problem: His leading lady Lina Lamont (Jean Hagen), has a voice that would crack glass. Enter perky hopeful Kathy (Debbie Reynolds), whose honeyed vocals help the production even as she falls in love with Don. Bursting at the seams with dazzling numbers (including Donald O’Connor’s ticklish “Make ‘em Laugh”), the film is as wondrously fresh as ever.
The Band Wagon (Vincente Minnelli, 1953): Arguably the master of the cinematic musical, Vincente Minnelli directed classic ranging from “Meet Me in St. Louis” and “The Pirate” to “An American in Paris” and “Gigi.” His masterpiece might be this gorgeous, tuneful comedy, which has Fred Astaire in top form. Astaire plays Tony Hunter, a musical star whose fading career could use a jump start, which comes in the form of a Broadway production ran by artsy director Jeffrey Cordova (Jack Buchanan). While falling in love with leading lady Gaby Gerard (Cyd Charisse), Tony shapes the project from its gloomy origins to a splashy extravaganza. The exuberant numbers, which include the famous “That’s Entertainment” and the thriller-inspired “Girl Hunt Ballet,” all showcase Minnelli’s dynamic and expressive use of color and movement.
The Umbrellas of Cherbourg (Jacques Demy, 1964): The most romantic of the young filmmakers to emerge from the French New Wave, Jacques Demy always imbued his visions with a melodic quality. That quality is literalized in this lush, one-of-a-kind musical, where every single line of dialogue is sung. Set in a candy-color fantasy version of Cherbourg, the story follows the romance between Genevieve (Catherine Deneuve), who works at the local factory for umbrellas, and handsome mechanic Guy (Nino Castelnuovo). When Guy is drafted for the Algerian War and a pregnant Genevieve is left behind, their lives veer in different directions… until a bittersweet reunion years later. A fan of Hollywood musicals, Demy aims to outdo them in emotional and visual intensity, providing a glorious, specifically Gallic wistfulness. With subtitles.
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Labrador Retriever/Australian Shepherd Mix
Simi Valley, California Adopt a Dog
Robin
Female
One Year Old
Shots Up to Date
House Trained
Spayed
Okay with Dogs
$559 Adoption Fee
Meet Robin! She is a beautiful one-year-old Labrador Retriever/Australian Shepard mix. This sweet girl didn't have much human interaction in her past but is looking forward to her bright future!
Robin is a sweet and sensitive girl who is learning that the world is not a scary place. She is smart and picks up cues from her current foster dog siblings. Robin will do best in a home with a dog companion. She has no food aggression and takes treats gently. Robin walks well on a leash and has shown no leash reactivity. She enjoys her walks and would do well with a family that likes to take long walks daily.
Robin is housebroken and crate trained. Robin thrives with structure and being with humans who have a calm demeanor. Her new family should be prepared to give Robin the time to warm up to them and the space she needs to feel secure. Positive reinforcement and praise will be critical as Robin gets to know her forever family. Her new family should reinforce a routine with Robin, so she knows what to expect. Robin will take some time to feel comfortable in her new home, but the reward of Robin's love is well worth the wait! Patience is required from her new owners.
Robin's foster mom has rarely heard her bark, and she is quiet in her crate. During the day, she likes to lie at her foster mom's feet while she works. Due to Robin's sensitive nature, she cannot be adopted to families with children under ten years of age.
Robin likes to chew on dog-appropriate toys. She needs tough Nylabones and Kong Extremes for strong chewers. She occasionally plays fetch, but she may warm up playing fetch more often with a playful buddy.
Robin is spayed, up to date on her vaccines, and microchipped.
If you are interested in Robin and have already been approved to adopt, please send an email to ADOPT@WCLRR.ORG and put "ROBIN" in the subject line explaining why she is an excellent fit for your family.
If you have NOT filled out an adoption application yet with WCLRR, please click HERE.
https://www.wclrr.org/please-read/
If you have been approved to adopt with WCLRR, follow the instructions given to you during your home interview (and in this bio) explaining how to request being considered to adopt this dog.
West Coast Labrador Retriever Rescue
Mailing Address
1230 Madera Road
Suite 5-288
Simi Valley, CA. 93065
805-277-0307 (voicemail only)
adopt@wclrr.org
[headlines]
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The American Association of Commercial Finance Brokers is celebrating its 30th Anniversary this year and to keep the celebration going, the Super Saver Rates for the 2021 AACFB Annual Conference are being extended to July 12th to give everyone extra time to lock in the lowest registration rates!
The AACFB conference is an amazing value at any rate, which is why the top brokers, funders, and service providers in the commercial financing industry have kept coming back for the past 30 years!
Registration: https://annualconference.aacfb.org/registration
Registration is risk-free! No cancellation fees will apply if registrants need to cancel before September 1, 2021.
The conference registration fee includes the cost of attendance at all general and concurrent sessions, exhibits, social functions, and planned meals. Prospective member registration is reserved for those who are eligible to become members of AACFB. Optional events are offered and may require an additional cost. All registrations must be received by the office no later than September 3, 2021. After this date, you must register on site.
[headlines]
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News Briefs---
DataMerch Grows Past 50,000 Unique Records
Entered by Funder-members
https://debanked.com/2021/07/datamerch-com-surpasses-50000-records/
Sacramento Train Builders to 0verhaul Amtrak’s Fleet
with Siemens’ Record $3.4 Billion Deal
https://www.sacbee.com/news/local/article252626098.html
Top 50 food and grocery retailers by sales
Walmart, Amazon, Kroger, Costco
https://www.supermarketnews.com/retail-financial/top-50-food-and-grocery-retailers-sales
Ford Mustang Mach-E wins Car and Driver
EV of the Year award
https://www.caranddriver.com/news/a36877450/2021-ford-mustang-mach-e-ev-of-the-year/
[headlines]
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You May Have Missed---
Licensing in CO, CT, DE, FL,GA
Segment2 by Kenneth C. Greene in debanked
https://debanked.com/
[headlines]
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Sports Briefs---
Raiders’ Derek Carr has ambitious plan to bring
Davante Adams to Las Vegas
https://www.sacbee.com/sports/nfl/article252619913.html#storylink=hpdigest_sports
Raiders should sign 8-time Pro Bowler before season,
says analyst
https://www.theredzone.org/Blog-Description/EntryId/16448/Raiders-should-sign-8-time-Pro-Bowler-before-season--says-analyst
Aaron Rodgers gives cryptic response on Packers future:
We’ll see
https://www.oregonlive.com/nfl/2021/07/aaron-rodgers-gives-cryptic-response-on-packers-future-well-see.html
Arizona State’s Marcus Bagley withdraws from NBA Draft;
returns to NCAA transfer portal
https://www.sacbee.com/sports/nba/sacramento-kings/article252634278.html
A's reliever Trevor Rosenthal to have hip surgery,
will not pitch this season
https://www.sfchronicle.com/sports/athletics/article/A-s-reliever-Trevor-Rosenthal-to-have-hip-16299570.php
Roger Federer Loses at Wimbledon, Maybe for the Last Time
https://www.nytimes.com/2021/07/07/sports/tennis/federer-loses-at-wimbledon.html
[headlines]
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California Nuts Briefs---
San Francisco’s Empty Offices Show the Pain Isn’t Over
Office Vacancy Rate Climbed to 20.1% at the End of June
https://link.sfchronicle.com/view/53b89947fdd5ac691f0005b9eikmh.jn4/b9478c4c
San Jose Closing in on Herd Immunity for COVID-19
https://sanjosespotlight.com/san-jose-closing-in-on-herd-immunity-for-covid-19/
[headlines]
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“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8
Wine of the week: J. Bucher, 2020 Bucher Vineyard,
Russian River Valley, Sonoma County Sauvignon Blanc
https://www.pressdemocrat.com/article/lifestyle/wine-of-the-week-j-bucher-2020-bucher-vineyard-russian-river-valley-so/
Claims of California North Coast wine grape smoke damage
head to court
https://www.northbaybusinessjournal.com/article/industrynews/claims-of-california-north-coast-wine-grape-smoke-damage-head-to-court/
Madeira, America’s Revolutionary Wine
How a duty free wine helped light the spark of Independence Day
https://www.pix.wine/the-drop/madeira-americas-revolutionary-wine/
Free Wine App
https://www.nataliemaclean.com/mobileapp/
Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/
[headlines]
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This Day in History
1584 - In a letter from Giovanni da Verrazano, the Florentine explorer, to Francis I, king of France “...took a Native American childe from...(an) olde woman to bring into France, and going about to take...(a) young woman which was very beautiful and of tall stature, they could not possibly, for the great outcries that she made, bring her to the sea; and especially having great woods to pass through and being farre from the ship, we purposed to leave her behinde, beareing away the childe only.” The diaries and letters of the day describe encounters with Indians, capturing them for slaves, describing Native American life.
http://www.lihistory.com/vault/hs215a1v.htm
1758 – French forces hold Fort Carillion against the British at Ticonderoga, NY.
1775 - Representatives of New Hampshire, Massachusetts Bay, Rhode Island, Providence, Connecticut, New York, New Jersey, Pennsylvania, Delaware, Maryland, Virginia, North Carolina and South Carolina signed a petition, known as The Olive Branch Petition”, from the Congress to the King (George III), a final attempt by moderates in the Second Continental Congress to avoid a complete break with England. After the American Revolutionary War, over 300,000 loyalist citizens to King George returned to England (more than a third of the population was “loyal” to the king.) Many also elected to remain in the United Colonies, as it was then called.
1776 - The first public reading of the Declaration was given by Colonel John Nixon to the assembled residents at Philadelphia's Independence Square. He had been chosen by the sheriff of Philadelphia (in those days, the highest-ranking citizen of a town as per English tradition). The next day, the Declaration was read before George Washington's troops in New York City.
1831 – John Pemberton (d. 1888) the man who invented Coca-Cola, was born in Knoxville, GA.
1838 – Birthday of Eli Lilly (d. 1898) in Baltimore. He was a soldier, chemist, industrialist, entrepreneur, and founder of the Eli Lilly and Company. Lilly enlisted in the Union Army during the civil war; he recruited a company of men to serve with him in an artillery battery, was later promoted to colonel, and was given command of a cavalry unit. He was captured near the end of the war and held as a POW until its conclusion.
1839 – John D. Rockefeller (d. 1937) was born in Richford, NY. He was a co-founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. Rockefeller revolutionized the petroleum industry, and with other key contemporary industrialists such as Andrew Carnegie, defined the structure of modern philanthropy. In 1870, he founded Standard Oil Company and actively ran it until he officially retired in 1897. As kerosene and gasoline grew in importance, Rockefeller's wealth soared and he became the world's richest man and the first American worth more than a billion dollars, controlling 90% of all oil in the United States at his peak. Adjusting for inflation, his fortune upon his death in 1937 stood at $336 billion, accounting for more than 1.5% of the national economy, making him the richest person in US history.
1844 - Mary Johnson Bailey Lincoln (d. 1921) was born in South Attleboro, MA. She was a teacher at the Boston Cooking School who authored “Mrs. Lincoln's Boston Cook Book: What to Do and What Not to Do in Cooking”, published by the Boston firm of Roberts Brothers in 1884. She later observed, "This was done primarily to meet the need of a textbook for our pupils and save the copying of recipes". It contained the daringly innovative recipe measurement methods as well as explaining the how's of cooking, hygiene, and nutrition. Considered one of the pioneers of the Domestic Science movement in the US, she was among the very first to address the scientific and nutritional basis of food preparation. It was also cone of the first American cook books to provide scientific information about nutrition and the chemistry of cooking. It also helped to set a pattern for the rational organization of cookbooks, and was among the first in America to provide recipes formulated with consistent measurements. It should be seen as the fore-runner to the world-famous “Boston Cooking School Cook Book” by Fannie Merritt Farmer, Mrs. Lincoln's most prominent student who eventually succeeded her as principal of the Boston Cooking School.
Most publishers frowned on such books because women were thought to be born with the innate knowledge of cooking. Publishers thought such directions were unnecessary and women would refuse to buy the "insulting" books. “The Boston Cooking School Cook Book” became an instant best seller.
http://www.foodhistory.com/ur/lincolnmj/
http://members.aol.com/acalendar/May/cia.html
1846 - U.S. annexed California, to become a state on Sept 9, 1850, as part of the Compromise of 1850. San Francisco was a town of 96 votes
with fifty dwellings.
http://www.sfmuseum.org/hist10/cowan.html
1850 - The overland gold rush to California through Fort Laramie, WY, involved 42,300 emigrants and 9720 wagons between January 1 and July 8.
Over 90% of the population of California was male. Nine years later men still outnumbered women six to one.
1853 - Admiral Perry and US Navy “visit” Japan
http://www.grifworld.com/first.html
http://www.grifworld.com/planning.html
http://www.baxleystamps.com/litho/ry_litho_narrative.shtml
1856 - Charles E. Barnes of Lowell, MA, obtained a patent on an “improved automatic cannon.” It was operated by a crank, the speed of firing depending upon the speed with which the crank was turned. It was primitive and before the “metal gun cartridge.” Richard J. Gatling of Indianapolis, Indiana obtained a patent on November 4, 1862, on “an improvement in revolving battery guns.” The first gun, which fired 250 shots a minute, was made in Indianapolis. Dr. Richard Jordan Gatling, a medical doctor with numerous patents in farm equipment to his credit, devised the famous Model 1862 “Revolving Battery Gun” now simply referred to as the Gatling gun. Although not first to manufacture a multi-fire weapon, he was the first to produce a reliable, rapid fire, “machine gun.” The rest, as they say, is history. The Gatling gun was a hand-crank-operated weapon, comprised of six barrels revolving around a central shaft. The original gun was actually designed to fire the standard military issue paper cartridge of the day, .58 caliber. The paper cartridge was placed inside a steel or brass chamber with percussion nipple on the back end just like muzzle loading rifles and pistols of the time.
The cartridges were gravity-fed through a hopper mounted on the top of the gun. Six cam-operated bolts alternately wedged, fired, and dropped the bullets, which were contained in steel chambers. Gatling used the six barrels to partially cool the gun during firing. Since the gun was capable of firing 600 rounds a minute, each barrel fired 100 rounds per minute. In 1862, Major General Benjamin F. Butler purchased 12 Model 1862 Gatling guns for $1,000 each, in 1863 and employed them at the Battle of Petersburg. http://library.uml.edu/clh/Butler/Bencart.Html
Butler is the same fellow hated in New Orleans for his actions while he occupied the city. I could find no information about the first use of the Gatling gun, except: “His failure to act decisively with the Army of the Potomac against Petersburg and following his ability to grasp defeat from the jaws of victory during the first expedition against Fort Fisher, North Carolina in December 1864, led to General Butler's forced resignation from the Army.” As an interesting side note, what we see in movies today and usually displayed or shot is not the original model 1862. Most probably, it is a model 1873 or later version. All in all, the 1862 Gatling gun is one of the greatest design achievements in military armament ever created ranking up with breech loading weapons and metallic cartridges in significance to modern warfare. In January of 1865, Gatling proposed is his improved model 1865 gun to the U.S. Government, which was subsequently tested by the Ordnance Department. This model was adopted officially in 1866. It served the frontier, enabling the Union Calvary to be of small number in domineering the West. After receiving government approval, Gatling began to sell his guns throughout the world, where they achieved world-wide fame. Twenty-five countries, twenty-nine calibers, and 55 years later, the hand-crank Gatling gun was finally retired from U.S. military service just months prior to the U.S. entered World War I. Even then, it remained deployed into the middle 1920's stateside. Tucked away in storage for over 30 years, an original model 1883 in 45-70 caliber, was able to successfully fire 5,600 rounds per minute by hooking it up to an electric motor. This ultimately became the forerunner of today's Vulcan system capable of firing 6000 rounds per minute of 20 mm cannon shells.
1861 - Winfield Scott, general in chief of the Union army, announced that the Washington telegraph office would no longer carry “dispatches concerning the operations of the army not permitted by the commanding general.” All stories had to be cleared first with the Army as “press accounts of the activities in Washington, DC, might prove helpful to the enemy.
1863 - JEB Stuart at The Battle of Gettysburg. Taken From” The Life and Campaigns of Major-General JEB Stuart", by H. B. McClellan, A.M. Late Major, Assistant Adjutant-General. “From the 8th to the 12th of July, Stuart covered the front of Lee's army, which had now taken a strong position, and was securely entrenched while waiting for the waters of the Potomac to fall. These days were occupied by severe fighting between Stuart's command and the divisions of Buford and Kilpatrick, at Boons-boro', Beaver Creek, Funkstown, and on the Sharpsburg front. The cavalry fought mostly dismounted, and was aided on either side by small bodies of infantry. It would be tedious to enter into all the details of these battles, in which both parties claim the victory, and with apparent sincerity. Stuart reports an aggregate loss of 216 in these engagements, while Generals Buford and Kilpatrick and Colonel Huey report a loss of 158. Stuart accomplished the object he had in view, which was to delay the advance of the enemy until General Lee was secure in his chosen position. On the 12th of July, Stuart uncovered Lee's front, against which the Federal army advanced, but found it so strong that it declined to make an attack. These days will be remembered by the members of General Stuart's staff as days of peculiar hardship. Scanty rations had been issued to the men, but nothing was provided for the officers. The country had been swept bare of provisions, and we could purchase nothing. For four or five days in succession we received our only food, after nightfall, at the hands of a young lady in Hagerstown, whose father, a Southerner, sympathized with the Confederacy. But for the charity of this lady, whose name we shall always gratefully remember, we would have suffered the pangs of severe hunger. The attention of students of psychology is called to an incident which occurred at this time. After a day of incessant fighting, Stuart and his officers reached the house of this friend about nine o'clock in the night. While food was being prepared Stuart fell asleep on the sofa in the parlor. When supper was announced he refused to rise. Knowing that he had eaten nothing within twenty-four hours, and that food was even more necessary for him than sleep, I took him by the arm and compelled him to his place at the table. His eyes were open, but he ate sparingly and without relish. Thinking that the supper did not suit him, our kind hostess inquired: "General, perhaps you would relish a hard-boiled egg?" "Yes," he replied, "I'll take four or five." This singular reply caused a good deal of astonishment on the part of all who heard it, but nothing was said at the time. The eggs were produced; Stuart broke one and ate it, and then rose from the table. When we returned to the parlor I sat down at the piano, and commenced singing, "If you want to have a good time, join the cavalry." The circumstances hardly made the song appropriate, but the chorus roused the general, and he joined in it with a hearty good will.
1863 - Confederate General Lee decided to take the war to the enemy, specifically Washington, DC, which he hopes to capture and thus have the war ended. On June 13, he defeated Union forces at Winchester, Virginia, and continued north to Pennsylvania. General Hooker, who had been planning to attack Richmond, was instead forced to follow Lee. Hooker, never comfortable with his commander, General Halleck, resigned on June 28, and General George Meade replaced him as commander of the Army of the Potomac.
On July 1, a chance encounter between Union and Confederate forces began the Battle of Gettysburg. In the fighting that followed, Meade had greater numbers and better defensive positions. He won the battle but failed to follow Lee as he retreated to Virginia. Militarily, the Battle of Gettysburg was the high-water mark of the Confederacy; it is also significant because it ended Confederate hopes of formal recognition by foreign governments. The days following Lee's retreat saw major battles won by the Union Army in General Grant's long time plan to cut off supplies to Confederate troops. On November 19, President Lincoln dedicated a portion of the Gettysburg battlefield as a national cemetery and delivered his memorable "Gettysburg Address."
Photographs of the battleground began immediately after the battle of July 1-3. This group of photographs also includes a scene of Hooker's troops in Virginia on route to Gettysburg.
http://memory.loc.gov/cgi-bin/query/I?cwar:2:./temp/~ammem_
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1889 - John L. Sullivan, heavyweight champion of the world, defeated Jake Kilrain in the 75th round of a fight in Richburg, MS. This was the last bare-knuckles title fight after which boxing was governed by the Marquess of Queensbury rules.
1889 – The Wall Street Journal was published for the first time.
1908 - Jazz alto saxophonist and singer Louis Jordan (d. 1975), whose records in the 1940's with his Tympany Five helped shape the R'n'B of the following decade, was born in Brinkley, Arkansas. After playing with several big bands, Jordan formed his combo in 1938. For the next decade, they produced blues and novelty records such as "Caledonia," "Let the Good Times Roll" and "Choo Choo Ch'Boogie," a million-seller in 1946. Jordan's 1943 hit "Five Guys Named Moe" became the title of a 1990's Broadway musical based on his songs. Many blues and R'n'B artists grew up listening to Jordan's music, and among those acknowledging his influence are Chuck Berry and Ray Charles.
http://www.louisjordan.com/index.asp
http://www.louisjordan.com/index.asp
http://www.zoo.co.uk/~primer/pdjordan.html
http://www.jandr.com/JRMusicDiscPage.process?P_Id=P+++++6859
1908 – Former Vice President and Governor of New York, Nelson Rockefeller (d. 1979) was born in Bar Harbor, ME.
1911 - Nan Jane Aspinwall rode into New York City carrying a letter to Mayor William Jay Gaynor from San Francisco Mayor Patrick Henry McCarthy, becoming the first woman to cross the US on horseback. She began her trip in San Francisco on Sept 1, 1910 and covered 4,500 miles in 301 days.
1914 - Birthday of Billy Eckstine (d. 1993) in Pittsburgh, bandleader and bass-baritone singer. After performing with the Earl Hines band for almost 20 years, Eckstine formed his own band in 1944. At one time or another in the band's ranks included Charlie Parker, Dizzy Gillespie, Miles Davis, Fats Navarro, Dexter Gordon, Gene Ammons, Art Blakey and vocalist Sarah Vaughn---some of the greatest bebop musicians of all time. Among Eckstine's hits were “Fools Rush In,” “ Everything I Have Is Yours,” “ Blue Moon,” and “Body and Soul.”
http://www.steveandeydie.com/
http://www.britannica.com/blackhistory/micro/185/30.html
1918 – “Peter Gunn,” actor Craig Stevens (d. 2000) was born in Liberty, MO.
1932 - The stock market fell to its lowest point in the Great Depression. The Great Crash had begun in 1929, and this was the darkest day. Dow Jones Industrial Average, 41.22.
http://memory.loc.gov/ammem/today/jul08.html
1933 - Birthday of author James Giblin (d. 2016), Cleveland, OH.
http://www.houghtonmifflinbooks.com/catalog/authordetail.cfm?authorID=3229
http://www.mccsc.edu/~jcmslib/yhb/authors/giblin.html
1935 - Birthday of Steve Lawrence, pop singer, born Sidney Liebowitz in Brooklyn, New York. His "Go Away Little Girl" was a number-one hit in 1962. Lawrence, who got his start as a singer on the "Tonight" show in 1954, had more than 20 chart records. He and his wife, Eydie Gorme, often recorded and performed together.
1941 - With a dramatic two-out, bottom of the ninth inning, three-run home run by Red Sox outfielder Ted Williams, the AL All-stars beat the National League at Briggs Stadium in Detroit, 7-5.
1947 - Reports are broadcast that a UFO crash landed in Roswell, NM in what became known as the Roswell UFO incident.
1948 – The Air Force accepted its first female recruits into a program called Women in the Air Force (WAF).
1949 – Wolfgang Puck was born in Austria.
1949 – Top Hits
“Some Enchanted Evening” – Perry Como
“Again” – Gordon Jenkins
“Bali Ha’I” – Perry Como
“One Kiss Too Many” – Eddy Arnold
1949 – Hank Thompson (1925-69), the first black to play with the St. Louis Browns, became the New York Giants’ first African-American player. The former Kansas City Monarchs’ standout broke into the Majors 12 days after Larry Doby’s American League debut with the Indians in 1947. Thompson became the only player to participate in breaking the segregation barrier on two different teams.
1953 – SHEA, RICHARD T., JR. Medal of Honor.
Rank and organization: First Lieutenant, U.S. Army, Company A 17th Infantry Regiment, 7th Infantry Division. Place and date: Near Sokkogae, Korea, 6 to 8 July 1953. Entered service at: Portsmouth, Va. Born: 3 January 1927, Portsmouth, Va. G.O. No.: 38, 8 June 1955. Citation: 1st Lt. Shea, executive officer, Company A, distinguished himself by conspicuous gallantry and indomitable courage above and beyond the call of duty in action against the enemy. On the night of 6 July, he was supervising the reinforcement of defensive positions when the enemy attacked with great numerical superiority. Voluntarily proceeding to the area most threatened, he organized and led a counterattack and, in the bitter fighting which ensued, closed with and killed 2 hostile soldiers with his trench knife. Calmly moving among the men, checking positions, steadying and urging the troops to hold firm, he fought side by side with them throughout the night. Despite heavy losses, the hostile force pressed the assault with determination, and at dawn made an all-out attempt to overrun friendly elements. Charging forward to meet the challenge, 1st Lt. Shea and his gallant men drove back the hostile troops. Elements of Company G joined the defense on the afternoon of 7 July, having lost key personnel through casualties. Immediately integrating these troops into his unit, 1st Lt. Shea rallied a group of 20 men and again charged the enemy. Although wounded in this action, he refused evacuation and continued to lead the counterattack. When the assaulting element was pinned down by heavy machine gun fire, he personally rushed the emplacement and, firing his carbine and lobbing grenades with deadly accuracy, neutralized the weapon and killed 3 of the enemy. With forceful leadership and by his heroic example, 1st Lt. Shea coordinated and directed a holding action throughout the night and the following morning. On 8 July, the enemy attacked again. Despite additional wounds, he launched a determined counterattack and was last seen in close hand-to-hand combat with the enemy. 1st Lt. Shea’s inspirational leadership and unflinching courage set an illustrious example of valor to the men of his regiment, reflecting lasting glory upon himself and upholding the noble traditions of the military service.
1957 – “Teddy Bear” became Elvis Presley’s eighth US number one hit in the past fifteen months.
1957 – Top Hits
“Teddy Bear” – Elvis Presley
“Love Letters in the Sand” – Pat Boone
“Over the Mountain; Across the Sea” – Johnnie & Joe
“Four Walls” – Jim Reeves
1958 – The first gold record album presented by the Recording Industry Association of America (RIAA) was awarded. It went to the soundtrack LP, “Oklahoma!” The honor signified that the album had reached one million dollars in sales. The first gold single issued by the RIAA was “Catch a Falling Star,” by Perry Como, in March of 1958. A gold single also represents sales of one million records.
1958 – Hank Ballard records a self-penned tune called “The Twist” at Vee-Jay Records’ studios in Gary, Indiana. A re-recorded version released by King Records would make a modest splash on the R&B charts in 1959, but it would take Chubby Checker to make a giant hit out of it in 1960.
1960 – Storer Broadcasting Company purchased WINS radio in New York City for $10 million. It was the highest price paid for a radio station (to that time). Many great radio personalities including Murray the K, Bruce Morrow and Alan Freed were stars on WINS Radio. WINS, under Storer ownership, also aired some very clever promotions, including the time they drove the New York media crazy. It was a discovery (thought to be a rare find) in the back seat of a New York taxicab: a clay tablet that looked to be Egyptian and had carvings on it. Upon closer examination, it read, “Everybody’s mummy listens to 10-10 WINS!”
1963 – James Brown went to #2 on the US album chart with “Live At The Apollo.” The LP spent a total of 33 weeks on the chart.
1963 – Freddie and The Dreamers record “I’m Telling You Now,” which would climb to number 2 in England. When it was released in the US the following year, during the height of the British Invasion, it made the Top Ten.
1965 – The Dave Clark Five followed the Beatles onto the silver screen with a movie of their own called “Catch Us If You Can”. The film was renamed to “Having a Wild Weekend” for its US release and featured the group performing “Catch Us If You Can,” “Having a Wild Weekend” and “I Can’t Stand It.”
1965 – Top Hits
“I Can’t Help Myself” – Four Tops
“(I Can’t Get No) Satisfaction” – The Rolling Stones
“For Your Love” – The Yardbirds
“Before You Go” – Buck Owens
1965 – Roy Wilkins becomes executive director of the National Association for the Advancement of Colored People.
http://www.tccom.com/wilkins/
1967 - Tennis player Billie Jean King of the United Sates won three titles at Wimbledon. She beat Anny Haydon Jones for the singles title, teamed with Rosie Casals for the women's doubles title and joined with Owen Davidson to capture the mixed doubles title.
1968 - The first movie directed by an African-American director to be released in the United States was “Story of a Three Day Pass,” directed by Melvin Van Peeble. His story of an African-American serviceman on leave in France, based on his book of the same name, led to his being signed by Columbia Pictures to make more files for African-American audiences.
http://www.info-france-usa.org/culture/cinema/festival/vanpeebles.html
http://www.amazon.com/exec/obidos/ASIN/6304446195/e22digital.6/102-8917386-9557756
http://pages.prodigy.net/ja-cas/filmmakers.html
1970 - The Everly Brothers Summer TV series debuts on CBS-TV for the first of a ten week run.
1970 - The San Francisco Giants’ Jim Ray Hart hit for the cycle (a single, double, triple and home run in one game). Hart became the first National League player in 59 seasons to collect six runs batted in (RBI) during a single inning. The Giants walloped the Atlanta Braves 13-0.
1970 – President Nixon delivered a special congressional message enunciating Native American self-determination as official US Indian policy, leading to the Indian Self-Determination and Education Assistance Act of 1975.
1972 - 34-year-old Bill Withers had the top spot on the Billboard Hot 100 with "Lean on Me," his second US Top Ten hit after "Ain't No Sunshine" in September, 1971. The song reached #18 in the UK.
1973 - Top Hits
“Will It Go Round in Circles” - Billy Preston
“Kodachrome” - Paul Simon
“Bad, Bad Leroy Brown” - Jim Croce
“Why Me” - Kris Kristofferson
1978 - Following in the disco footsteps of his older Bee Gee brothers, Andy Gibb gets into the act with "Shadow Dancing." The album peaks at #18, while the title track reaches number one
1978 - Bjorn Borg of Sweden won 3rd consecutive title at Wimbledon
1978 - After a six month stay, the soundtrack to “Saturday Night Fever” is finally knocked out of the top spot on the Billboard album chart by Gerry Rafferty's "City To City," which contained the single "Baker Street."
1981 - Top Hits
“Bette Davis Eyes” - Kim Carnes
“All Those Years Ago” - George Harrison
“The One that You Love” - Air Supply
“I was Country When Country Wasn't Cool” - Barbara Mandrell
1984 - John McEnroe made short work of Jimmy Connors at Wimbledon. Connors managed to win only four games and tied for the second lowest number of games won by a Wimbledon men's singles finalist since 1922. McEnroe won the event in just 1 hour 20 minutes.
1985 - Pro Football Hall of Famer Jack Lambert of the Pittsburgh Steelers announced his retirement on this, his 33rd birthday. A 1974 second-round draft choice from Kent State University in Ohio, Lambert played 11 seasons with the Steelers. He racked up several awards including the NFL's Rookie of the Year [1974], Defensive Player of the Year [1976]; and nine consecutive Pro Bowls [1975-1983]. Jack Lambert was a major chunk of the Steel Curtain and owns four Super Bowl rings to prove it.
1985 - Both "Playboy" and "Penthouse" magazines went on sale with nude pictures of Madonna
1987 – The Iran-Contra hearings began, covered live on television. While Lt. Col. Oliver North was being interviewed, contrary to internet mailings, Senator Al Gore was not on the committee, nor did Osama Bin Laden’s name come up.
1987 - Kitty Dukakis, wife of Massachusetts Governor Michael Dukakis, who was the following year to become the Democratic candidate, revealed addiction to amphetamines for 26 years
1988 - Thirty cities in the north central and northeastern U.S. reported record high temperatures for the date. Beckley, WV, equaled their all-time record with a high of 93 degrees. Afternoon and evening thunderstorms spawned seven tornadoes in Adams and Logan counties of eastern Colorado, and hail caused 2.3 million dollars damage in Adams, Logan and Washington counties
1988 - Singer/composer Stevie Wonder announces he will run for mayor of Detroit in 1992
1989 - Top Hits
“Satisfied” - Richard Marx
“Buffalo Stance” - Neneh Cherry
“Baby Don't Forget My Number” - Milli Vanilli
“I Don't Want to Spoil the Party” - Roseanne Cash
1989 - Sixteen cities in the central and western U.S. reported record high temperatures for the date. The high of 103 degrees at Denver, CO, equaled their record for July, and a 110-degree reading at Rapid City, SD, equaled their all-time record high. Denver reported a record five straight days of 100-degree heat, and Scottsbluff, NE, reported a record eight days in a row of 100-degree weather.
1990 - Germany beats Argentina 1-0 for soccer's 14th World Cup at Rome
1990 - Stefan Edberg beats Boris Becker for Wimbledon title
1994 - Elton John and Billy Joel kicked off a 14-city tour in Philadelphia. They shared vocals on each other's hits, including John's "Don't Let the Sun Go Down on Me" and Joel's "Piano Man" and "New York State of Mind."
2000 - The Yankees sweep their cross-town rivals in the first double-ballpark doubleheader since 1903, with identical scores: 4-2 in an afternoon tilt at Shea and 4-2 in an evening contest at Yankee Stadium. It proves to be quite an interesting day in New York as Mike Piazza is hospitalized after being beaned by Roger Clemens, Dwight Gooden, now with the Yankees, gets first Shea win since 1994 when he was a Met, and a bizarre obstruction call on Mets' first baseman Todd Zielle causes the first game to be played under protest.
2000 - After Jose Cruz Jr. hits #20 in a 6-3 win over the Expos, the Blue Jays become the first team in major league history to have four batters to hit 20 or more homers before the All-Star break.
2005 - In Singapore, the International Olympic Committee takes a secret vote on the approval of the 28 current summer Olympic events scheduled to be played at the 2012 Summer Games in London. Baseball and softball are eliminated making it the first time since polo was dropped in1936 that sports have been cut.
2010 - Using an on-line ballot, fans select Nick Swisher of the Yankees and Reds' first baseman Joey Votto to fill the last two roster spots in this year’s All-Star game. The New York outfielder, who edged Red Sox first baseman Kevin Youkilis for the final AL spot, used his Twitter account to campaign for votes and to thank his fans for their support.
2011 - The final mission of the U.S. Space Shuttle program was launched as Space Shuttle Atlantis.
2018 - Laura Ingalls Wilder's name removed from book award by US Association for Library Service to Children, because of author's racist views and language.
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