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Wednesday, July 26, 2023


Today's Leasing News Headlines

ELFA Reports Month of June Up from May 2023
    Brings Second Quarter to $30.1 Billion
Make a Reservation with Your Credit Professional
    By Scott Wheeler, CLFP, Wheeler Business Consulting
Leasing and Finance Industry Help Wanted
  Highly Trained Operation Staff/Work from Home
    Excellent Compensation/Marketing Support
Enhancing the Candidate Recruiting Experience:
  A Recruiter's Perspective
    By Ken Lubin, ZRG Partners
North Mill Equipment Finance Offers
    to Purchase IOU Financial
The 2,000 Milestone Success of the "ELFA Members Only”
    "Engage App" Indicates Why You Should Join ELFA
ELFA Foundation Announces Scholarship
    Awards to Five Students
German Shepherd Puppy
    Milpitas, California
Six Ways AI is Changing the Legal Landscape
    For Commercial Finance
News Briefs ---
UPS, union avert strike with
    planned 5-year deal, more pay
Banc of California to buy troubled PacWest Bancorp,
    which came close to failing earlier this year
General Motors Electric Vehicle Rollout Delayed
    by Slow Battery Production
Stuck on a Flight?
    Know Your Rights During a Tarmac Delay

You May Have Missed --
How Women Leaders Can Successfully

    Scale The Glass Cliff

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen

Sports Briefs
   California News
    "Gimme that Wine"
 This Day in History
  SuDoku
   Daily Puzzle
    GasBuddy
     Weather, USA or specific area
      Traffic Live----
       Wordle

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified, but from 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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ELFA Reports Month of June Up from May 2023
Brings Second Quarter to $30.1 Billion


(Chart: Leasing News)

The monthly Equipment Leasing and Finance Association’s (ELFA) index saw June jump up to $10.9 Billion in new business to May's $9.5, which also brought the Second Quarter to $30.1 Billion compared to the 1st Q of $27.1 Billion

(Chart: ELFA)


ELFA President and CEO Ralph Petta said, “The second quarter concludes on an optimistic note, as MLFI respondents reported strong business performance coupled with a positive outlook for the short-term future of the industry. As inflation continues to decelerate and the Fed appears to be on the verge of achieving an economic soft landing, the equipment finance market enters the second half of the year in fine shape.” 


Anthony Sasso, Head of TD Equipment Finance, said, “The equipment finance industry has remained resilient through one of the most turbulent periods in recent economic history.

”Despite economic headwinds, like high interest rates, the equipment finance sector continues to see opportunities for growth and innovation. In fact, the year-over-year increase on overall new business volume reflected in the ELFA data is consistent with our experience here at TDEF, as customers across many sectors continue to look for financing solutions to help them acquire equipment in order to keep up with demand.”


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Make a Reservation with Your Credit Professional
By Scott Wheeler, CLFP, Wheeler Business Consulting

From working with originators for over thirty years, I know that their single greatest frustration comes from their lack of understanding of credit decisions. Perhaps it is time to make a lunch reservation with your favorite credit professional. The facts are:

  • Strong credit professionals do not like to decline transactions any more than you want to hear about a declination. Good credit people attempt to create approvals while protecting the long-term sustainability of a portfolio's performance over the next three to seven years.
  • Credit professionals rarely get credit for the transactions they approve but they are often reprimanded for transactions that eventually go south.
  • Strong credit professionals are highly valuable assets for any commercial equipment finance and leasing operation. They protect the sales team from making costly mistakes because ultimately an originator and a sales team are judged by the performance of the assets they generate.
  • Strong originators work closely with their credit departments and support the decisions that their credit departments make. Success is possible because of credit and sales collaboration.

Below are a few suggested questions for your lunch date:

  • In today's environment, what attributes are you looking for in a perfect transaction? Do you have any suggestions of how I can solicit more transactions that have these attributes or questions that I should be asking to prequalify prospects with these attributes?
  • How can we work as a team to be more efficient and to spend our time on transactions that will be approved and funded? What do I need to do or know that will help you and the credit department the most?
  • What concerns do you have with our current portfolio? How can I help mitigate these concerns? How can we work as a team to preserve the future performance of our portfolio?

It should be noted that I was a credit guy before I was an originator. I attributed my sales success to my foundational understanding of the credit process. As an originator, I always considered credit professionals as my most valuable team members.

I rarely questioned a declination, but always was curious about the attributes required for a strong quick approval. Top originators focus on seeking out transactions that can be won, approved, and funded.


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

Wheeler Business Consulting is working with individual originators and sales teams throughout the industry to ensure that they are well positioned in the market, capturing their fair share of business, and outperforming the competition. To schedule a one-on-one meeting contact Scott Wheeler at: scott@wheelerbusinessconsulting.com



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Leasing and Finance Industry Help Wanted
  We Are Growing Our Senior Sales Team Now!
www.topmarkfunding.com/careers


[headlines]
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Enhancing the Candidate Recruiting Experience:
A Recruiter's Perspective
By Ken Lubin, ZRG Partners

In order to make the most informed hiring decisions, it is essential to provide a candidate recruiting experience that truly stands out. By going beyond conventional recruitment methods, we can differentiate our organizations and leave a lasting impression on prospective candidates. Here are some strategies that recruiters can employ to enhance the candidate recruiting experience and secure the best talent available.

  1. Crafting Engaging Job Descriptions: As a recruiter, I understand the importance of creating captivating and well-crafted job descriptions. Rather than merely listing qualifications and responsibilities, it is crucial to highlight the unique aspects of the role and our organization. Through the art of storytelling, we can captivate candidates, giving them a glimpse into our company culture, mission, and values.

  2. Showcasing Company Culture: Candidates today seek more than just a job; they yearn to be part of a vibrant and supportive work environment. To truly stand out, we must showcase our company culture throughout the recruitment process. This could involve sharing compelling employee testimonials, organizing virtual office tours, or providing insights into our team dynamics. By giving candidates an authentic taste of our culture, we attract individuals who resonate with our values and vision.

  3. Personalizing Communication: As a recruiter, I firmly believe in the power of personalized communication to create a positive candidate experience. Rather than sending generic automated emails, taking the time to address candidates by their names and tailoring messages to their specific skills and experiences is crucial. Personalization conveys that we value each candidate as an individual and helps forge a connection from the early stages of the recruiting process.

  4. Streamlining the Application Process: Lengthy and convoluted application processes can be discouraging for even the most qualified candidates. Therefore, as recruiters, we must prioritize streamlining the application process as much as possible. By implementing user-friendly application portals, eliminating unnecessary steps, and clearly communicating the required documents or information, we make the candidate's journey smoother. Additionally, offering alternative application methods, such as video interviews or portfolio submissions, demonstrates our commitment to accommodating diverse candidate preferences.

  5. Providing Timely Feedback: One common frustration for candidates is the lack of feedback following an interview or application submission. As a recruiter, I recognize the importance of providing timely and constructive feedback at every stage of the recruiting process. This demonstrates respect for candidates' time and effort, helping them gauges their performance and improve for future opportunities.

  6. Offering Unique Perks and Benefits: To truly differentiate ourselves as employers, we should consider offering unique perks and benefits that align with candidates' needs and desires. This could encompass flexible work arrangements, professional development opportunities, wellness programs, or employee resource groups. By surpassing the standard benefits package, we attract top talent and establish ourselves as employers of choice in a crowded market.

As recruiters, we understand the challenges of standing out and enhancing the candidate recruiting experience in today's competitive job market. By crafting engaging job descriptions, showcasing our company culture, personalizing communication, streamlining the application process, providing timely feedback, and offering unique perks, we create a memorable and positive impression on candidates. Embracing these strategies not only elevates the overall candidate experience but also positions our organizations as desirable employers in the eyes of top talent. Through our dedicated efforts, we can secure the best talent and drive our organizations toward continued success.


Ken Lubin, Managing Director
ZRG Partners, LLC
Americas I EMEA I Asia Pacific
C: 508-733-4789
https://www.linkedin.com/in/klubin/

The Ultimate Hire Collections:
http://leasingnews.org/Conscious-Top%20Stories/ultimate.html



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

North Mill Equipment Finance Offers
to Purchase IOU Financial
(Ticker Symbol IOU on the TSX Venture Exchange)

NORWALK, CT – North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender located in Norwalk, Connecticut, announced today that the following letter was sent yesterday to the Special Committee of the Board of Directors of IOU Financial Inc. (“IOU”).

NMEF’s proposed acquisition is at a 27% premium to the price per share agreed to by IOU and a group of inside shareholders representing 46.1% of the issued and outstanding shares of IOU announced on July 14, 2023.


David C. Lee, Chairman and CEO of NMEF, stated,  “We are offering to all IOU shareholders a far superior price to the value of the Company presented by the inside shareholders that was accepted by the Special Committee in a sweetheart deal for those insiders.

“Our offer is not subject to any financing contingency nor access to confidential information.”

NMEF originates and services small to mid-ticket equipment leases and loans, ranging from $15,000 to $2,000,000 in value. A broker-centric private lender, the company accepts A – C credit qualities and finances transactions for many asset categories including construction, transportation, vocational, medical, manufacturing, printing, franchise, renovation, janitorial and material handling equipment. NMEF is majority owned by an affiliate of InterVest Capital Partners.

The company’s headquarters is in Norwalk, CT, with regional offices in Irvine, CA, Dover, NH, Voorhees NJ, and Murray, UT. https://nmef.com/

For more information, visit. One of NMEF’s controlled affiliates, BriteCap Financial LLC, is a leading non-bank lender providing small businesses with fast, convenient financing alternatives such as working capital loans since2003 from offices in North Hollywood, CA and Las Vegas, NV. For more information, visit https://www.britecap.com

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

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

The 2,000 Milestone Success of the "ELFA Members Only "
"Engage App" Indicates Why You Should Join ELFA

The ELFA "Engage App" mobile hub for events, news and networking in the equipment finance community—has reached a new milestone of 2,000 users. The number of users has doubled over the past year, as industry professionals returned to business travel and in-person events in full force. 

ELFA President and CEO Ralph Petta, said, “The way we consume information is changing, and the ELFA Engage mobile app offers a quick and easy way to stay in touch when you’re on the go

“It’s ELFA at your fingertips: Whether you’re looking to catch up on industry information, tap into industry events or connect with colleagues, we encourage you to download and start using the app.”

Key features of the ELFA Engage app include:

Events: Browse ELFA events and access schedules, attendee rosters, speaker bios, exhibitors, handouts and more. Add events to your calendar and build your personalized event agenda.
News: Stay up-to-date on critical industry, member and association news and trends.
Engage Wall: Share news, photos and links with the ELFA community.
Share: Share, like, bookmark and comment on posts.
Chat: Privately chat with other app users and create groups.
Notifications: Receive timely updates delivered straight to your mobile device.
Connect: Access: ELFA’s online discussion groups AcctgTalk, DataTalk, LeaseTalk, LegalTalk and TaxTalk to exchange ideas with peers.
Podcasts: Listen to ELFA’s Equipment Finance Matters podcast.

For more information, visit https://www.elfaonline.org/events/engageapp or email membership@elfaonline.org.

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $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 580 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. ELFA has been equipping business for success for more than 60 years.

For more information, please visit https://www.elfaonline.org/

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

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

ELFA Foundation Announces Scholarship
Awards to Five Students

Washington, DC, –The Equipment Leasing & Finance Foundation (Foundation) announces that five outstanding students are recipients of The Equipment Leasing & Finance Foundation Scholarship, a program for students interested in potentially pursuing a career in the equipment finance industry. Each student will receive a scholarship of $5,000 for the 2023-2024 academic years. The Equipment Leasing & Finance Foundation Scholarship is part of the Foundation’s Academic Outreach Program.

The scholarship recipients are:

Kyle Bansa, a senior at Towson University studying financial economics and business analytics. Set to graduate later this year, he is currently a summer intern at Bank of America Merrill Lynch part of their Wealth Management Summer Analyst program.  

Lily Chen, a junior at the Massachusetts Institute of Technology majoring in finance. She intends to pursue a career in equipment finance with a focus on innovation around block chain and AI.

Quincy Ewudzi-Acquah, a senior at Clark Atlanta University studying business administration and finance. Currently a summer intern at Adient, he also serves as a member of the HBCU Ambassador Leadership Program and as a Morehouse Business Associate.

Susan Kalinay, pursuing a Master of Business Administration at Wilkes University in Pennsylvania, is set to graduate in 2024. She is also Equipment Finance Operations Coordinator at 1st Equipment Finance – FNCB Bank working in operations and sales support.

Connor Schwob, a senior at St. John's University in Minnesota, is studying global business leadership and data analytics. He is currently a product development intern at Optum, part of UnitedHealth Group


Donna Yanuzzi, Foundation Trustee and Academic Outreach Committee Chair, and Director of Equipment Finance, 1st Equipment Finance (FNCB Bank), said, “I’m delighted to congratulate this year’s Foundation scholarship recipients and pleased to encourage their academic pursuits,.

 “The Foundation is committed to developing future talent in equipment finance, and the scholarship program is a great way to encourage new participants to join our rewarding, innovative and supportive industry.”

The Foundation scholarship program is an outgrowth of the success of the Foundation’s Guest Lecture Program, a long-standing component of its Academic Outreach Program, in which industry professionals volunteer to lecture at colleges and universities about the equipment finance industry and its possible career paths.

To learn more or to apply for a scholarship, visit https://www.leasefoundation.org/academic-programs/home/scholarship-program/

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

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German Shepherd Puppy
Milpitas, California

James
Male
10 weeks old
14.6 lbs.
Neutered
Adoption Fee: $375

About me

“I got dreams, BIG dreams! Going for long walks, playing in a pile of toys, and eating all the yummy foods that a puppy could ever dream of. I was transported here with the HSSV Rescue Team and now I'm waiting for my dream to become a reality. Have you ever dreamed of meeting a lovable puppy like me? Well, let's make those dreams come true!”

BENEFITS OF A HSSV ADOPTION
Starting with excellent matchmaking services from our adoption counselors, an HSSV adoption includes:

  • Spay/Neuter surgery
  • All necessary vaccines appropriate for the animal’s age and routine deworming
  • Home Again Microchip with lifetime registration
  • Expert tips on pet care and training, including free behavior advice for the lifetime of the animal from a behavior specialist
  • Post Adoption advice as your new pet adjusts to the home
  • All our animals have been examined by veterinary staff and received a behavior assessment. You will receive a behavioral note about their time in our care.

Humane Society Silicon Valley
Peter Detkin and Michele Oats
Detkin Animal community Center
(ACC)
901 Ames Ave.
Milpitas, CA 95035
408-262-2133 x150
Email: adoptions@hssv.org

https://www.hssv.org/adopt/#adopt_today

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Six Ways AI is Changing the Legal Landscape
For Commercial Finance
by Tenor D. Ickes

https://leasingnews.org/Pages/ai_july2023.html

The above article provides information only and does not create an attorney client relationship. It should not and cannot be construed as legal advice. Need help with CA commercial finance litigation or enforcement? Oswald Law Firm can help. Contact Harmony Oswald, Esq. at hno@oswaldfirm.com


Harmony Oswald, Esq.
408-825-4LAW
Oswald Law Firm
harmonyoswald.com


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News Briefs---

UPS, union avert strike with
    planned 5-year deal, more pay
https://www.reuters.com/world/us/ups-teamsters-union-reaches-tentative-labor-deal-2023-07-25/

Banc of California to buy troubled PacWest Bancorp,
    which came close to failing earlier this year
https://www.pressdemocrat.com/article/business/banc-of-california-to-buy-troubled-pacwest-bancorp-which-came-close-to-fai/

General Motors Electric Vehicle Rollout Delayed
    by Slow Battery Production
https://www.nytimes.com/2023/07/25/business/general-motors-electric-vehicles-profits.html

Stuck on a Flight?
    Know Your Rights During a Tarmac Delay
https://www.wsj.com/articles/tarmac-delay-rights-airports-9c5b1464?st=luel2po7f6m7f79&reflink=desktopwebshare_permalink

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How Women Leaders Can Successfully
Scale The Glass Cliff
https://thehill.com/lobbying/4109698-how-women-leaders-can-successfully-scale-the-glass-cliff/

[headlines]
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Sports Briefs---

He Makes $1 Million a Golf Tournament. He Can Thank the Golf War.
    Scottie Scheffler has won handsomely from the PGA Tour’s battle with Saudi Arabia
https://www.wsj.com/sports/golf/pga-tour-liv-golf-saudi-arabia-scottie-scheffler-9d431d6f?st=wu1hoqkfuria4iz&reflink=desktopwebshare_permalink

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California News Briefs---

168-year-old California newspaper files for bankruptcy, lays off all staff
https://www.sfgate.com/bayarea/article/santa-barbara-news-press-files-for-bankruptcy-18258053.php


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Gimme that Wine

 

http://www.youtube.com/watch?v=EJnQoi8DSE8    

Livermore: Mitchell Katz Winery owner dies
   in two-car crash
https://www.kron4.com/news/bay-area/livermore-winery-owner-dies-after-car-crash/

Are Napa Cabernets losing their color?
Is the High Heat the Factor?.
https://www.sfchronicle.com/food/wine/article/napa-valley-climate-change-18119707.php

Wine of the week: Ram’s Gate, 2021 Estate
Vineyard Pinot Blanc, Carneros
https://www.pressdemocrat.com/article/lifestyle/wine-of-the-week-rams-gate-2021-estate-vineyard-pinot-blanc-carneros/

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This Day in History

     1526 - The Spaniard Lucas Vasquez de Ayllon and his colonists left Santo Domingo in the Caribbean for Florida.
    1559 - The French relinquished Fort Ticonderoga in New York to the British under General Jeffrey Amherst.
    1579 - Francis Drake left SF to cross Pacific Ocean.  
    1603 - James VI of Scotland was crowned King James I of England. He then 'authorized' an English translation of the Scriptures, first published in 1611 and known since as the 'King James Version' of the Bible. It brought more interest in “religious freedom.” His reign brought Europeans to the new world, where less than 10% of the native population survived once they had started to settle the new land. In 1600, the Indian population of what was to become the U.S. was about 1,000,000 when European exploration began. They were tall, healthy, hunters, farmers, had wooden houses and large leather teepees. In the beginning, some of the earliest pioneers, as at Jamestown, VA were adventurers, interested more in making a quick fortune form the alleged riches of the New World than in engaging in agriculture or forestry. In later years, through a greater diversity of settlers arrived, and brought with them a variety of skills. They ranged from wealthy Englishmen, who wanted to carve out large estates, to servants. Merchants saw the opportunity for trade as populations grew. Groups seeking religious freedom were also prominent, bringing with them a tradition of hard work and a willingness to start anew (an example of the social position of the first settlers comes from the fact that among the male settlers of Jamestown, VA., the first permanent English settlement in America, of the 105 men, 35 were considered gentlemen, persons who means freed them from the need to work or engage actively in trade. The second expedition to Jamestown contained 33 gentlemen out of 120.
    1775 - Benjamin Franklin was appointed the first Postmaster General. He had served the crown as deputy postmaster at Philadelphia, PA, form 1737 to 1753, and as deputy postmaster general for the colonies from 1753 to 1774.
    1788 - New York became the 11th state to ratify the Constitution.
(Lower half of: http://memory.loc.gov/ammem/today/jul26.html )
    1835 - The first sugar cane plantation started in Hawaii
    1847 - American Black Joseph Jenkins Roberts declared Liberia, formerly a colony of the American Colonization Society, an independent republic. (Liberia and its independence were the subject of my University High School English Semester Report. Do you remember yours?)
http://memory.loc.gov/ammem/today/jul26.html
    1860 - Emperor Norton in San Francisco dissolved the United States:
"NOW, THEREFORE, WE, Norton I, by the Grace of God Emperor of the Thirty-three states & the multitude of Territories of the United States of America, do hereby dissolve the Republic of the United States, & it is hereby dissolved; & all laws made from & after this date, either by the National Congress or any State Legislature, shall be null & of no effect. 
All Governors, & all other persons in authority, shall maintain order by enforcing the heretofore existing laws & regulations until the necessary alterations can be affected. Given under our hand & seal, at Headquarters, San Francisco, this 26th day of July 1860." 
    1863 - Confederate General John Hunt Morgan was ordered to invade Kentucky He was to direct and draw General William S. Rosecrans' army from Tennessee. But Morgan went farther than he was ordered. He led a group of volunteer cavalrymen, raiding public property, burning bridges, taking horse, and captured railroad supplies. They also caused severe losses among the Union Troops and Morgan Raiders were feared wherever they went. While he never commanded more than 4,000 men, it is said he captured as many as 15,000 Union soldiers. He was a maverick. He had not followed orders and began harassing (some say plundering homes, others say they were Union sympathizer's homes) in Tennessee and Ohio, going in the opposite direction, actually into “enemy territory. “He was captured this day with 364 of his men at New Lisbon, Ohio. He had broken through the federal lines in Kentucky and crossed the Ohio River into Indiana. Used to lighting raids and use of his cavalry, a flood caused the river to rise. He could not find a way to return to Confederate territory. He was imprisoned in the Columbus, Ohio Penitentiary. It did not hold him long. He escaped the next November, continuing his many his raids. He finally made it to Kentucky, in June, 1864, where Union troops were not very strong. He was caught and defeated, but with his fast Calvary, outran the Union troops, and regrouped. He then went to Greenville, Tennessee, which now was also in Union hands, where he was killed in battle, September, 1864.
    1865 - Patrick Francis Healy is first black awarded Ph.D., from Catholic University in Louvain, Belgium.  Healy was a Catholic priest and Jesuit who was an influential president (1874-82) of Georgetown University, becoming known as its "second founder." The university's flagship building, Healy Hall, bears his name. Though self-identifying and largely passing as white, Healy would be posthumously recognized as the first African American to become a Jesuit, earn a Ph. D., and become the president of a predominantly White university.
    1875 - Windstorm (possibly a tornado) rips through Erie, PA killing 134 and doing $500,000 damage
    1875 - Black Bart, a poet with a fondness for Wells Fargo, robs his first stagecoach, the Sonora to Milton stage, in Calaveras County, California — the same stage line he targets in his last heist (his 29th) in 1883. 
"I've labored long & hard for bread,
For honor & for riches,
But on my corns too long you've tread
You fine-haired sons of bitches." 
    1890 - Powerful F3 tornado raked Lawrence, MA at 9:10 am, killing 8 and injuring 63. The storm destroyed 35 homes and damaged 60. Storms of this strength and occurring at this early hour are very rare in New England.
    1892 - Birthday of Pearl S Buck (d. 1973), Hillsboro, WV. As the daughter of missionaries, Buck spent most of her life before 1934 in China. Her novel, “The Good Earth,” was the best-selling fiction book in the United States in 1931 and 1932 and won the Pulitzer Prize in 1932. In 1938, she was awarded the Nobel Prize in Literature "for her rich and truly epic descriptions of peasant life in China and for her biographical masterpieces." She was the first American woman to win the Nobel Prize in Literature.
    1895 - Birthday of Gracie Allen (d. 1964) in San Francisco. Allen was part of the highly popular comedy team of Burns and Allen. Gracie took no part in the writing or promotion of the comedy, preferring her home and children. Her comedic delivery was impeccable and the duo was highly popular, but she got tired of the airhead with the twisted logic that she was forced to portray, although she continued to do it so very well. It was totally different from her own personality. Her right arm had been badly scalded when she was a child, and she always wore long sleeves.
    1902 - Birthday of trumpet player Gus Aiken (d. 1973), Charleston, SC.   
    1907 - The first turbine-propelled ship was launched. The speedy vessel was named "Chester" and was built for the U.S. Navy.
    1914 - Birthday of bandleader Erskine Hawkins (d. 1993), Birmingham, AL.
    1918 - Race riot in Philadelphia (three whites and one black are killed)
    1922 - Birthday of Jason Robards, Jr., (d. 2000), Chicago, IL.  He was a staple on the American stage and screen for six decades. Robards was also a decorated World War II veteran. He won the Oscar for Best Supporting Actor two years in a row for 1976's “All the President's Men” and in 1977s “Julia.” His most famous stage roles were in the plays of Eugene O'Neill, including “The Iceman Cometh” and “Long Day's Journey into Night.” Saw him in both. He was outstanding. O'Neill in “The Iceman Cometh” calls for a rotund salesman.  Robards was extremely convincing, even mesmerizing in this very long play about a salesman who has become sober and visits his favorite bar to bring reality, but only wakes up the demons, including in himself. He won the Tony Award in 1959 for his portrayal of a fictionalized F. Scott Fitzgerald in “The Disenchanted.”  Played many key roles in films, such as “The Philadelphia Story” and “All the President’s Men.”
        1926 - National Bar Association incorporates
    1928 - American film writer and producer Stanley Kubrick (d. 1999), born The Bronx, NY. Kubrick started out in photography at the age of 16 with Look magazine. His first film, “Day of the Fight,” produced in 1950, was a documentary of his photo series about fighter Walter Cartier. His film credits include “Dr. Strangelove,” “Full Metal Jacket,” and “2001: A Space Odyssey.” “Eyes Wide Shut,” Kubrick's final film, was released posthumously in the summer of 1999.
    1929 - Birthday of drummer Charles Persip (d. 2020), Morristown, NJ.
    1932 - Billy Banks's Rhythmakers (Red Allen, PeeWee Russell, Fats Waller) records “Mean Old Bed Bug Blues.”
    1937 - Birthday of Al Banks (d. 1977), Philadelphia, PA.  Lead singer of The Turbans, whose hit “When You Dance” reached #3 on the R&B chart and remained there for about two months in 1955.   It only rose to #33 on the pop chart, but stayed there for about five months, so it was counted as a significant hit.
    1938 - Birthday of jazz pianist Joanne Brackeen, Ventura, CA.
    1939 - Sixteen-year-old singer Kay Starr got a big break. She recorded "Baby Me" with Glenn Miller and his orchestra on Victor Records. Starr was filling in for Marion Hutton who, at the last minute, was unable to attend the recording session.  A pop and jazz singer who enjoyed considerable success in the late 1940s and 1950s, she was of Iroquois and Irish heritage. Starr was successful in every field of music she tried (jazz, pop, and country), but her roots were in jazz.  In 1955, she signed with RCA Victor Records. However, at this time, rock-and-roll was displacing the existing forms of pop music and Kay had only two hits, the first of which is sometimes considered her attempt to sing rock and roll, and sometimes as a song poking fun at it, "The Rock and Roll Waltz". Her hits included "Wheel of Fortune" (her biggest hit, No. 1 for 10 weeks).
    1942 - Judy Garland joined Gene Kelly to record "For Me and My Gal" for Decca Records. The song is featured in the movie of the same name.
    1942 - About 400 miles southeast of Fiji, the American aircraft carriers Wasp, Enterprise and Saratoga rendezvous with the invasion force for Guadalcanal. It is the most powerful force the US Navy has yet assembled in the Pacific.
    1942 - Actor Gene Autry is sworn into the Army Air Corps on the air, during his regular radio show, “Gene Autry's Melody Ranch.” He served as an officer and flew cargo and supply planes over enemy territory in the Middle and Far East until 1945, when he resumed his show.
    1943 - Birthday of Michael Phillip (Mick) Jagger, lead singer of the Rolling Stones since their beginning in 1962, was born in Dartford, England. The Stones began billing themselves as the greatest rock 'n' roll band in the world in the late '60s, and few denied the potency of their blend of blues, R'n'B and teen rock. Their manager, Andrew Loog Oldham, promoted them as the bad boys of British rock - the opposites of the clean-cut Beatles. And Jagger was portrayed as a leering, satanic figure. The Stones' number-one records in the '60s included "Satisfaction," "Get Off My Cloud" and "Time Is On My Side." The Stones survived the departure and subsequent death of guitarist Brian Jones in 1969. In fact, this and other notorious incidents, including a rumored liaison with Margaret Trudeau in 1978, seemed to enhance the Stones' following. The group continued to hit the charts into the 1980's, with such hits as "Start Me Up" and "Harlem Shuffle." Mick Jagger's duet with Tina Turner was one of the highlights of the 1985 Live-Aid concerts. He is still touring today, more magnificent than ever. Whenever I go to his concerts, I get third or four row. You pay a premium with a broker, but it is an event you will never forget as the band gives you every dollar's worth in their performance and show. 
    1943 - Record high for the state of Oklahoma set at Tishomingo with 120.
    1944 - WILSON, LOUIS HUGH, JR., Medal of Honor
Rank and organization: Captain, U.S. Marine Corps, Commanding Rifle Company, 2d Battalion, 9th Marines, 3d Marine Division. Place and date: Fonte Hill, Guam, 25-26 July 1944. Entered service at: Mississippi. Born: 11 February 1920, Brandon, Miss. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty as commanding officer of a rifle company attached to the 2d Battalion, 9th Marines, 3d Marine Division, in action against enemy Japanese forces at Fonte Hill, Guam, 25-26 July 1944. Ordered to take that portion of the hill within his zone of action, Capt. Wilson initiated his attack in mid-afternoon, pushed up the rugged, open terrain against terrific machinegun and rifle fire for 300 yards and successfully captured the objective. Promptly assuming command of other disorganized units and motorized equipment in addition to his own company and 1 reinforcing platoon, he organized his night defenses in the face of continuous hostile fire and, although wounded 3 times during this 5-hour period, completed his disposition of men and guns before retiring to the company command post for medical attention. Shortly thereafter, when the enemy launched the first of a series of savage counterattacks lasting all night, he voluntarily rejoined his besieged units and repeatedly exposed himself to the merciless hail of shrapnel and bullets, dashing 50 yards into the open on 1 occasion to rescue a wounded marine lying helpless beyond the frontlines. Fighting fiercely in hand-to-hand encounters, he led his men in furiously waged battle for approximately 10 hours, tenaciously holding his line and repelling the fanatically renewed counterthrusts until he succeeded in crushing the last efforts of the hard-pressed Japanese early the following morning. Then organizing a 17-man patrol, he immediately advanced upon a strategic slope essential to the security of his position and, boldly defying intense mortar, machinegun, and rifle fire which struck down 13 of his men, drove relentlessly forward with the remnants of his patrol to seize the vital ground. By his indomitable leadership, daring combat tactics, and valor in the face of overwhelming odds, Capt. Wilson succeeded in capturing and holding the strategic high ground in his regimental sector, thereby contributing essentially to the success of his regimental mission and to the annihilation of 350 Japanese troops. His inspiring conduct throughout the critical periods of this decisive action sustains and enhances the highest traditions of the U.S. Naval Service.
    1944 - During World War II, the US Army ordered desegregation of its training camp facilities. Later the same year, black platoons were assigned to white companies in a tentative step toward integration of the battlefield. However, it was not until after the War—July 26, 1948—that President Harry Truman signed an order officially integrating the armed forces.
    1945 - The U.S. Cruiser Indianapolis arrived at Tinian Island in the Marianas with a deadly cargo. Aboard were the makings of the atomic bomb. On the island waited scientists prepared to complete the assembly.
    1947 - President Truman signed legislation unifying the two branches of the armed forces into the Department of Defenses. The branches merged were the War Department (Army) and the Navy. The Air Force was separated from the Army at the same time. Truman nominated James Forrestal to be the first Secretary of Defense. The legislation also provided for the National Security Council, the Central Intelligence Agency and the Joint Chiefs of Staff.
    1947 - President Harry S. Truman signs the National Security Act, which becomes one of the most important pieces of Cold War legislation. The act established much of the bureaucratic framework for foreign policymaking for the next 40-plus years of the Cold War. By July 1947, the Cold War was in full swing. The United States and the Soviet Union, once allies during World War II, now faced off as ideological enemies. 
    1948 - President Harry S. Truman signed an executive order officially integrating the armed forces.
    1948 - The first black host of a network show-CBS' Bob Howard Show.
    1948 - The Bambino makes his final public appearance at the New York premiere of “The Babe Ruth Story.” The Sultan of Swat will die three weeks later.
    1949 - No. 1 Billboard Pop Hit: "Some Enchanted Evening," Perry Como.
    1952 - Bob Mathias of the US won the decathlon at the Summer Olympics in Helsinki, Finland, to become the first athlete to win the Olympic decathlon twice. His first victory came in the 1948 London Games. Daley Thompson of Great Britain equaled Mathias's feat in 1980 and 1984.
    1953 - Fidel Castro with his Revolutionary Army leads attack on Moncada Barracks to take over Cuba, today known as the “26th of July Movement.” The “recognition” of Cuba is perhaps the last remains of the “Cold War” with the so-called communist form of government, which appears to be more of a “dictatorship.”
    1951 - Top Hits
“Too Young” - Nat King Cole
“My Truly, Truly Fair” - Guy Mitchell
“Mister and Mississippi” - Patti Page
“I Wanna Play House with You” - Eddy Arnold
    1952 - "Half As Much" by Rosemary Clooney topped the charts and stayed there for 3 weeks.
    1955 - Count Basie records “April in Paris.” (One more “once!”).
    1959 - Top Hits
Lonely Boy - Paul Anka
“A Big Hunk o' Love” - Elvis Presley
“My Heart is an Open Book” - Carl Dobkins, Jr.
“The Battle of New Orleans” - Johnny Horton
    1960 - Salt Lake City UT soars to all-time temperature record of 107
    1960 - Sam Cooke's "Chain Gang" is released.  The song became one of Cooke's most successful singles, peaking at number two on both the Billboard Hot 100 and the Hot R&B Sides. 
    1963 - Bob Dylan appeared at the Newport Folk Festival, where he sang "Blowin' in the Wind." Dylan had written the song in April 1962. "Blowin' in the Wind" became the unofficial anthem of the civil rights movement - and a hit for Peter, Paul and Mary.
    1963 - Record high of 96 at Eastport, ME.
    1963 - Motown Records release "Mickey's Monkey" by Smokey Robinson & the Miracles. It peaks at number three on the R&B charts and number eight on the pop chart.
    1964 - Teamsters President Jimmy Hoffa convicted of fraud and conspiracy.  He secured the first national agreement for teamsters' rates in 1964 with the National Master Freight Agreement.  Hoffa then tried to bring the airline workers and other transport employees into the union, with limited success. He was then facing immense personal strain as he was under investigation, on trial, launching appeals of convictions, or imprisoned for virtually all of the 1960s.  In May 1963, Hoffa was indicted for jury tampering in Tennessee, charged with the attempted bribery of a grand juror during his 1962 conspiracy trial in Nashville. Hoffa was convicted on March 4, 1964, and subsequently sentenced to eight years in prison and a $10,000 fine.  While on bail during his appeal, Hoffa was convicted in a second trial held in Chicago, on July 26, 1964, on one count of conspiracy and three counts of mail and wire fraud for improper use of the Teamsters' pension fund, and sentenced to five years in prison. 
    1965 - Beach Boys drummer Dennis Wilson marries Carol Freedman, the first of his four wives, in Los Angeles. 
    1966 - The Temptations' dance and show at the San Francisco Fillmore Auditorium. I was there with my late, great friend Acklin Thibeaux (May he rest in Peace.)
    1967 - Top Hits
“Windy” - The Association
“Can't Take My Eyes Off You” - Frankie Valli
“Light My Fire” - The Doors
“With One Exception” - David Houston
    1968 - John Lennon and Paul McCartney complete "Hey Jude" during a writing session at Paul's home. The song hits No. 1 in the U.S. a month later.
    1968 - The Jackson 5, discovered by Motown mainstay Gladys Knight (not, as legend has it, Diana Ross), signs to the label today for a one-year contract.
    1968 - Jeannie C. Riley records her number one hit: "Harper Valley P.T.A."
    1968 - The Rolling Stones album "Beggar's Banquet" has its release delayed because of their record label's objection to the album's cover design, which featured a graffiti-covered bathroom wall. Mick Jagger was furious. It was the first album on which Jagger played guitar.
    1969 - Mick Jagger of The Rolling Stones celebrated his 26th birthday with the release of the album, "Beggar's Banquet". It was the first time that Jagger's guitar playing had been featured on any of the Stone's records.
    1969 - Elvis Presley opens his first live engagement in nearly eight years. Las Vegas, Nev.
    1969 - The Rolling Stones' founding member and guitarist Brian Jones, found dead in his swimming pool just weeks earlier, is memorialized on the cover of Rolling Stone magazine. 
    1970 - The San Francisco Chronicle received a letter from the Zodiac killer with an unsubstantiated claim of killing 13 people. The case was never solved and is still considered "open." Speculation is he was killed in a car accident or committed to a mental institution as reasons he was never heard from again (no one knows.)
    1970 - Home runs came in triplicate. Johnny Bench of the Cincinnati Reds belted three home runs against the St. Louis Cardinals, and Orlando Cepeda of the Atlanta Braves launched a trio of homers in a game with the Chicago Cubs.
    1972 - No. 1 Billboard Pop Hit: "Alone Again (Naturally)," Gilbert O'Sullivan.
    1974 - John Denver earns a gold record for his all-time biggest hit, "Annie's Song." The song was written about his wife, who later divorced him.
    1974 - London graffiti artists hired by the Rolling Stones' management spray paint various local sites as promotion for the groups' latest single, "It's Only Rock And Roll." 
    1975 - Nat King Cole's daughter, Natalie, debuts on the music charts with "This Will Be." It makes it to number six on pop charts and number one on the R&B.
    1975 - Top Hits
“The Hustle” - Van McCoy & The Soul City Symphony
“I'm Not in Love” - 10cc
“One of These Nights” - Eagles
“Touch the Hand” - Conway Twitty
    1975 - Van McCoy and The Soul City Symphony reached the top spot on the "Billboard" record chart for the first -- and only -- time. The disco hit "The Hustle" became the top record in the U.S. The instrumental remained in the reflection of the disco mirror ball for only one week ... though plenty of other disco hits followed. Keep that white suit handy. Disco may just come back!
    1976 - Ted Nugent receives a gold record for his sixth, self-titled album. It includes "Hey Baby" and "Dog Eat Dog."
    1980 - No. 1 Billboard Pop Hit: "It's Still Rock and Roll to Me," Billy Joel. It is Joel's first No. 1 single.
    1983 - Top Hits
“Every Breath You Take” - The Police
“Electric Avenue” - Eddy Grant
“Is There Something I Should Know” - Duran Duran
“Pancho and Lefty” - Willie Nelson & Merle Haggard
    1984 - "Purple Rain," the film creation of Prince, premiered in Hollywood. Attending the gala at the Palace Theatre were Eddie Murphy, Lionel Richie and Stevie Nicks. MTV presented live coverage of the events.
    1986 - "Sledgehammer" by Peter Gabriel topped the charts and stayed there for a week
    1987 - Robert Wrenn set a record for the Buick Open. He won the golf tourney with a 26-under-par 262, a seven-stroke victory. Wrenn just missed the PGA Tour record of 27-under-par at the tourney, which was held at Grand Blanc, MI.
    1987 - Singer Billy Joel began a series of six concerts in the Soviet Union with a performance in Moscow. About 300 of the 10,000 people in attendance swarmed to the front of the auditorium, waving posters and climbing on each other's shoulders. It was an unusual display of enthusiasm for a Soviet audience, who usually showed appreciation by clapping slowly and rhythmically. At one point, Joel jumped from the stage and walked through the crowd followed by a procession of fans. He has an album plus a video/DVD on the tour.
    1988 - Thunderstorms produced large hail and damaging winds in the Middle Atlantic Coast Region, and in the south central U.S. Eight cities in the northwestern and north central U.S. reported record high temperatures for the date. Salem, OR, hit 103 degrees.
    1989 - Morning thunderstorms produced heavy rain in southeastern Texas, with more than three inches reported at the Widllife Refuge in southwestern Chambers County. Evening thunderstorms produced severe weather in Montana, with wind gusts to 62 mph reported at Helena. Eight cities from Maine to Minnesota reported record high temperatures for the date, including Newark, NJ, with a reading of 99 degrees. 
    1990 - President Bush signed the Americans with Disabilities Act, which went into effect two years later. It required that public facilities be made accessible to the disabled.
    1991 - Top Hits
“Unbelievable” - EMF
(“Everything I Do”) “I Do It for You” - Bryan Adams
P.A.S.S.I.O.N. - Rhythm Syndicate
“I Am a Simple Man” - Ricky Van Shelton
    1992 - Patty Sheehan defeated Juli Inkster in a playoff to win the 47th U.S. Women's Open at the Oakmont (PA) Country Club.
    1998 - Hale Irwin birdied the 18th hole for a 69 to win the U.S. Senior Open by one stroke over Argentina's Vicente Fernandez at Riviera Country Club, Pacific Palisades CA.
    1998 - Don Sutton and Larry Doby are inducted into the Hall of Fame along with Lee MacPhail, George Davis and Joe Rogan. MacPhail joins his dad, Larry, to become the first father and son to be enshrined at Cooperstown.
    1998 - With his 44th homer, Mark McGwire surpasses Johnny Mize as the all-time Cardinal single-season home run leader.
    1998 - Hitting his 380th career homer, Jose Canseco becomes the all-time Latin home run leader passing Orlando Cepeda and Tony Perez.
    2000 - U.S. District Judge Marilyn Hall Patel (in federal court, San Francisco CA) issued a preliminary injunction against online music service Napster. The judge ordered Napster to stop distributing copyrighted songs on the Web. Although Napster fought the ruling for months, this was the beginning of the end for the Internet music distribution site.
    2005 - After waiting through a 2 hours, 43 minutes rain delay in Atlanta to start the game, Greg Maddux becomes the 13th pitcher in baseball history to register 3,000 strikeouts. Taking an inside fastball in the top of the third inning, Omar Vizquel of the Giants becomes the historic victim of the crafty 39-year-old Cubs' right-hander.
    2020 – The body of civil rights activist John Lewis crossed the Edmund Pettis Bridge in Selma, AL for the last time with a military honor guard as part of a remembrance ceremony.  Lewis died on July 17 of pancreatic cancer while representing Georgia’s 5th District in the House, a post he had held from 1987.  He was the chairman of the Student Nonviolent Coordinating Committee (SNCC) from 1963 to 1966 and he was one of the “Big Six" leaders of groups who organized the 1963 March on Washington. He fulfilled many key roles in the civil rights movement and its actions to end legalized racial segregation in the US.   In 1965, Lewis led the first of three Selma to Montgomery marches across the Edmund Pettus Bridge. In an incident which became known as Bloody Sunday, state troopers and police attacked the marchers, including Lewis.  John Lewis received many honorary degrees and awards, including the Presidential Medal of Freedom in 2011.  Lewis's death has given rise to support for renaming the historically significant Pettus bridge in Lewis's honor, an idea previously floated years ago.  After his death, the Board of Fairfax County Public Schools announced that Robert E. Lee High School in Springfield, VA was renamed John R. Lewis High School. 

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