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The only annually-updated international reference book for the asset financing and leasing industry available. The new 25th edition includes the latest market trends, over 100 authoritative articles and reports on the leasing software and IT market, an exclusive ranking of the top 50 leasing markets by size worldwide with feature profiles from Africa to Venezuela PLUS a directory of over 4,400 contacts.
Alternatively
visit |
Tuesday,
July 20,2004
Headlines---
Correction: ASA “Asset
Control”
Classified
Ads---Sr. Credit officer/ Sr. Management
NorVergence
“Application Only” Quagmire
NorVergence
Leasing Portfolio: “Other things to go wrong.”
Norvergence
Customer Legal Co-op Announcement
Alexa
Ranks Leasing Association Web Sites
Fitch
Affirms Toronto-Dominion Outlook to Stable From Negative
######## surrounding the article denotes it is a “press
release”
-------------------------------------------------------------------------------
Correction:
ASA “Asset
Control”
“Several days ago
you put out a news release stating Asset Control was no longer performing
services for companies other than Textron and you cited a reliable source.
This is incorrect,
the fact is, AC is still performing appraisals and inspections for other
parties, the only services discontinued, to other parties, were the
recovery and remarketing of assets. In the future, a call to the subject
you are reporting on may serve you better and enhance the credibility
of your news releases. Please correct your past news release.”
Robert C. DiBerardino
ASA, Vice President
904-886-7941 Fax: 904-886-7959
Cell: 904-254-0772
www.assetcontrol.com
Leasing News did
attempt to reach ASA as we received this
from a reliable source:
“AssetControl is laying off at least half the staff today (July 1).
They are not going to process any more third party business, only Textron.
I hear that Textron is getting back into the leasing business.”
Mr. DiBerardino explained
“Process,” however, we requested clarification on the reduction in staff
and change:
“Did you cut your
staff by half? Did you cut your staff at all?
Mr. DiBerardino only wanted the above statement printed:
“The statement is what I just gave
you. You need to correct your previous release. Your well known source
obviously did not know what has taken place.”
[headlines]
----------------------------------------------------------------------------
Classified
Ads---
Senior
Credit Officer/Senior Management
Senior Credit Officer: experienced in middle-market leasing; structured, vendor and 3rd party to the fortune 1000. Proactive team builder, originations capable with strong work ethic.
Email: kyletrust@hotmail.com
Senior Management:
Baltimore, MD
25 year veteran of commercial and equipment leasing seeking a senior management position with leasing or asset based financing company in the southeast (Florida preferred)
Email: kellogg_md@yahoo.com
Senior Management: Denver, CO. Fortune 500 GM/SVP wants to team up with aggressive lender looking for Western expansion mid-market equip. finance/leasing. 20+ years experience within Rocky Mountain/Southwest and Ca markets.
Email: legal@csotn.com
Senior management:
Hope, NJ.
25 years in optimizing
call center operations, collections, billing, and back end revenue generation.
Experienced in $7 + billion dollar portfolios. Verifiable achievements.
E-mail: cmate@nac.net
Senior Management:
Irvine, CA.
Credit executive, portfolio manager and syndication facilitator. Extensive business building experience in small and mid-ticket operations. Highly innovative. Fortune 100 audit and technology skills. Bottom-line manager.
Email: lenhubbard@bigfoot.com
Senior Management:
Long Island, NY
Degree Banking/Finance. 13 years leasing exp. Now prez young leasing company where promises were not met. Interested in joining established firm with future.
Email:
bob33483@yahoo.com
Senior Management:
New York, NY, NJ, Ct Tri-State
Top Exec. middle
and big ticket, top skills treasury, funding, ops,transaction detail,
syndication, ready to max profit, help build quality operation. right
now!
E-Mail: leasefinance@optonline.net
Senior Management: Portfolio Management Consultant; 25+years experience in Collections, Customer Satisfaction, Asset Management, Recoveries, Continuous Process Improvement, Back end Revenue Generation, Cost per Collection Analysis. $5+Billion Portfolio expertise.
Email: efgefg@rogers.com
Senior Management: San Francisco, CA., 25 years experience w/global leasing company, sales,marketing,business dev., P&L responsibility, asset mgmt, brokering and re-marketing. Interested in joining an est. firm with a future.
Email: rcsteyer@yahoo.com
full listing of all classified “job wanted”
ads:
http://64.125.68.90/LeasingNews/JobPostings.htm
-------------------------------------------------------------------------------
Economic
Events This Week
Today
July 20
Housing Construction:
June
Thursday
July 22
Leading Indicators:
June
Weekly Jobless Claims
|
Your
One stop solution for training and reference material for the
Leasing Professional
www.theleasinglibrary.com |
------------------------------------------------------------------------------------------
NorVergence
“Application Only” Quagmire
by Christopher Menkin
It should have been
no surprise when Qwest postponed their
turn-off for NorVergence
users. No firm date has not been made,
although many believe
it will be in two weeks.
While this may be
considered benevolent in postponing cutting off
current NorVergence
users, the move may be viewed as
lacking the technical
ability of actually “turning off” 7,000
accounts, plus covering
all legal bases, and business wise: the opportunity to obtain “new”
customers.
What will happen
to the alleged 7,000 NorVergence Qwest customers
or the reported other
3,000 to 4,000 users serviced by other “telephone” companies is yet
to be seen. Remember, users
mean “companies,” not individuals.
Telecom Agent Associations
states there are “11,000 Norvergence
customers.... who need new long distance, T-1s, 800 numbers and cell
phones.”
The Chapter 7 first
creditor’s committee meeting will be held on August 27,2004. The form for creditors to fill out may not
be
complete, meaning
all the claims and creditors may not be able
to report actual
facts for the first meeting.
http://www.two.leasingnews.org/loose_files/NorVengence_court_docs.pdf
Third party contract
holders may take up to sixty days to realize
they are involved
in a “credit dispute” that may or may not involve
NorVergence (depends
on which side you are on---lessor, lessee, creditor, employee, insurance,
government(s), and this more than
likely will be much
larger than recent bankruptcies such as Commercial Money Center, or
alleged fraud, such as RW Professional Leasing.
It appears that these
dollar amounts are small in comparison to
Enron, Worldcom,
and others, to the media, but perhaps when
this gets to the
$100 million mark it will be more than a local
New York-New Jersey
television news story.
Deborah Monosson,
president of Boston Financial & Equity sent an e-mail that we will
include in our next group, but her first comments on NorVergence were”
Collateral. Collateral. Collateral.”
Her company has a long term history of “high risk” transactions.
Not that they are an equipment “hock shop,” but simply Boston
Financial understands
the full spectrum
of the transaction.
“Collateral, collateral,
collateral, “she said. “ If leasing companies had actually looked at
the collateral perhaps this would not have gone as far as it did.”
The facts are readers have been informing Leasing News for almost two
years about the value and the structure of what NorVergence was doing. Leasing News printed this, but third party
lessors paid no heed as they felt they are not involved in the choice
of equipment or any
representations,
as per their contract.
I personally received
many calls from bankers, some in charge
of large banks, but
mostly, smaller community banks across
the country, who
thought these leases were “good credit”
situations to purchase. They did not understand the situation.
The trend has been toward “scoring” and “application
only.”
It has been said
by many leasing companies, “ If the credit is
very good, we will
lease them ice.” Allowing high
“soft costs” has
become common, following
the trend of the value of what
is being leasing
in the technology field. The
question regarding
these transactions
were rarely personal or business credit.
Several of the banks
who were mentioned in NorVergence
press releases, as
lenders, and as customers, were contacted,
including those who
gave endorsements in advertisements,
such as on ELT News
for the Equipment Leasing Association.
None wanted to talk
about their lending, or even if they
were using the telecommunication
equipment.
There certainly will
be major repercussions in the financial
community when the
reality of NorVergence hits the desk
of many banking and
financial institution president’s desks.
The zeal for new
business may be more costly than originally
assumed. The actual
bankruptcy filings will list the claims.
The full repercussions
may not be available until the first
of the year.
One thing can be
learned now, which is commonly practiced in
by Municipal credit
desks: the value and use of the equipment
by the lessee. In their decisions, the annual cancellation
of
the contract exists. Will the debtor need the equipment
to keep for the three
years of the contract, or five years?
Will the equipment
become so obsolescent it is cheaper
and easier to cancel
the contract?
Instead of giving
a text book on municipal loan decisions, as most credit officers know,
the decision really is in asset control or loan
quality, not the
credit department. The decision
of accepting
equipment, seller,
manufacturer, should not be
made with the view of putting more business on the books to meet or
exceed quota’s,
but what will come
back to bite us before the end of the
term.
Leasing companies
have a long history of booking
business because
it came from a so-called “trusted source”
or one-dimensional
credit decision. In my thirty-three
years
in the leasing business,
my major problems came from
vendors I had known
for years, trusted sources who had
changed direction,
taken on a new partner, gone in a
new direction, or
just became “desperate.”
Any of the experienced
loan or credit officers realized the
problems of the NorVergence
leases, but their guidelines
were both this company
and situation were acceptable
as long as the credit
was good. Those with experience
with information
technology, or items such as ATM machines,
vending machines,
and types of equipment heavily dependent
on maintenance or
service to function.
“Application Only”
has not been good for the equipment leasing industry as it has grown
from the original concept of making a “good consumer credit decision”
to a business decision. It has
made the industry lazy, soft, and an easy target for sellers of equipment
and salesmen after their commission.
-------------------------------------------------------------------------
If you cannot read this message, please click:
http://elistpros.bm23.com/x/preview.php?m=27413&k=
29f44274&sid=6423063&esid=eZN7
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Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
Newsletter
Sponsor KeaneTel represents ACC Business, Focal, MCI, TTI
National, Qwest, XO, Z-Tel and other fine carriers. Let KeaneTel solve your telecom problems so you can
get back to business!
Call 877-261-3615
|
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Many of the links in this newsletter
require a TAA userID & password. Submit a review of service providers
you have experienced first hand for the benefit of other small
business owners. Print the review on your letterhead and fax it
to TAA at 909-797-4257.
TAA will publish the reviews here.
Questions? Call TAA's Dan Baldwin at 206-203-6115 x2.
This
telecom end-user newsletter is written by a small business owner
for other small business owners. My
name is Dan Baldwin. Like many of you, I spend about $1,000 per
month on the telecom services necessary to operate my business. Over the past ten years I've signed up for
just about every type of telecom service a small business owner
could think they need. In
addition to being a telecom end-user myself though, as the owner
of TAA, I'm also a telecom industry insider who has sold telecom
services to other small business. I know what's worth buying,
what's worth trying and what to avoid. The
primary purpose of this newsletter is to share objective information
with other telecom end-user business owners about "how to
manage" their current telecom services and "how to choose"
telecom services if they need something they haven't got. The
newsletter will introduce end-user business owners to new types
of telecom services and suggest ways they can incorporate the
new services into their business to increase their bottom line. Finally,
if a business owner does need a new telecom provider, this newsletter
will introduce readers to screened TAA vendor members that the
end-user business owner can confidently place their business with. The
bottom line? TAA is a membership organization of over 3,800 users,
distributors and providers of business telecom services that have
chosen to do business with one another as opposed to doing business
with strangers. The
strength of TAA comes from the fact that all TAA members agree
to share information with one another so that all TAA members
can make informed choices about the telecom services they use,
distribute or produce. We're real people who eat, sleep and do our
best to take care of their families and help our business associates. Please
feel free to call me any time at 206-203-6115 x2 about any issue
large or small. TAA's value is in its membership. Because you
have chosen to join TAA as an end-user member I will do all I
can to provide you the objective information you seek about telecom
services so you can make informed choices and get back to running
your business. Sincerely, Dan
Baldwin 206-203-6115
x2
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Last updated:
7/16/04 |
Telecom
Association, Inc. © 1995 - 2004 |
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-----------------------------------------------------------------------------------------
NorVergence
Leasing Portfolio: “Other things to go wrong.”
by Christopher Menkin
Skip Bayless, sports
columnist for the San Jose Mercury News, stated
players can’t hide
their activities as they have done in the past as
“the internet has
a thousand eyes.” This is also
true to the leasing
industry, where NorVergence
users have formed “listserve” groups,
communicating via
Yahoo, among others, and openly are telling
others to stop making
the lease payments and join them in a class
action suit.
Here is one: http://norvergenceowes.proboards12.com
One of the most popular, and easy to use is:
norvergence@yahoogroups.com
Here
is a typical question:
“ Does anyone in this group have CIT as their leasing
company? I would like to hear
from other Norvergence clients that have a lease with CIT. We can share
strategies, and maybe bring action to invalidate these leases together.
“Also, Has anyone discussed the leases with their attorney?
Does anyone have
any good legal theories to get out of these leases?”
or:
“I am in the same
boat like everyone hoping to join someone who will
be ready to take
action against these scumbags. I have to still pay
$20,400 out of $
23,400.
“We were told by
Norvergence people, that the Matrix Box will do all
this magic, but now
everything is nothing but tragic.
“I do not know where
to go?
“I have the lease
company 'LakeLand Bank'.
“Please let me know
if anyone can help.”
Some claim they have
$100,000 left on their leasing contract.
Others send out advice
to join together to make it
akin to Leasecomm, such as:
http://www.two.leasingnews.org/loose_files/NorVergence
_Court_case_getting_out_of_leases.htm
Others are watching
the victory that Dale Washington is having
with “hell and high
water” contacts:
http://www.leasingnews.org/Conscious-Top%20Stories/Dale_wins_case.htm
More importantly,
the internet has become an inexpensive, immediate
means for users to
gain information seemingly to their financial
advantage against
major banks and other funders of NorVergence
leases.
This Yahoo site has 500 messages
along:
http://finance.groups.yahoo.com/group/TheAberdeenKid/
In addition, the Telcom Agent is
actively organizing, creating a “legal co-op”
If you cannot read this message, please click:
http://elistpros.bm23.com/x/preview.php?m=27481&k=
85e28697&sid=6423063&esid=eZN7
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Barry Dubin, a very
well-known attorney with Cooper-White-Cooper made an observation over
twenty years ago that has been included in many of our placards: “When something goes wrong at the beginning,
other things will go wrong until the end.”
----------------------------------------------------------------------------------------
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|
Alexa Ranks Leasing Association Web Sites
Business Leasing News is not included in the Alexa report list as it does not have its own individual site and Alexa finds Patton Boggs, LLP Attorneys at Law. The rating is not valid as it includes all those who visit and communicate with the law firm. When Business Leasing News has its own individual web site, it will be included in the Alexa survey. These comparisons are compiled by Leasing News using Alexa and should be viewed as a "sampling," rather than an actual count from the website itself. Other than as noted above, we believe the ratings are reflective as most have stayed in the same position, basically, for over a year. The
Alexa tool bar works on most browsers. You may download their free tool bar A graph and analysis of the last three months are available. ( Note: the lower the number, the higher you are on the list. It is based on all web sites. Leasing is only a very small part of the various sites such as Yahoo, MSN, Google, etc. ) |
Classified
Ads---Help Wanted
|
About
the Company: Bank
of Blue Valley is a locally owned community bank with $600 million
in assets. We are one of the leaders in the Kansas City financial
community. Our bank offers true community banking with services, |
.jpg)
|
|
|
Business Development Officer,leasing exp.,min 3 yrs business & direct sales exp. Banking procedure knowledge helpful. Gilroy, CA location, serving four surrounding counties. E-mail valdezd@1stnational.com or see Career Opportunities www.pcbancorp.com About the Company: Pacific Capital Bancorp is a $5+ billion, multi-bank holding company dedicated to providing an enduring network of community banks on the Central Coast of California. This unique partnership of independent banks provides customers in six California counties with the financial strength and product diversity of a big bank, delivered with the responsiveness and personalized attention of a local community bank. |
 MARKETING INDIRECT ORIGINATION: New York. One of the largest ind. equip.lessors needs motivated, self-starter to purchase single investor leases from institutional investors; min.transaction $1 million; portfolio of primarily investment grade lessees/good "story credits". Min 3 yrs exp. sourcing/ originating leasing transactions, knowledge of credit and pricing. E-mail: jobposting1@leasingnews.org |
|
Port Leasing Sales Officer - Port of Long Beach:
conducts/oversees negotiations for leases, permits, property acquisition;
prepares lease proposals; negotiates prop. acquisition; neg. lease
agreements with new/existing tenants; develops financial info.
to analyze lease proposals. College degree expected. Contact:
Stuart Satow, CPS Executive Search 916-263-1401,
ssatow@cps.ca.gov
Recruitment brochure |
------------------------------------------------------------------------------------
### Press Release
################################
Fitch
Affirms Toronto-Dominion Bank, Revises Outlook to Stable From Negative
Fitch Ratings-Chicago-
Fitch Ratings has revised the Rating Outlook on Toronto-Dominion Bank's
(TD) 'AA-/F1+' ratings to Stable from Negative. Fitch has also affirmed
all of TD's other ratings. The Rating Outlook applies to TD's long-term
ratings. A complete list of ratings follows at the end of this release.
The ratings affirmation
and Outlook revision to Stable reflects TD's meaningful progress in
reducing its credit risk profile and bolstering capital. Management
has worked through the non-core lending portfolio at TD Securities faster
than Fitch had anticipated, and actual loss experience appears to be
well within management's original expectations. At April 30, 2004, this
portfolio has been reduced to just $2.6 billion ($5 billion total commitments).
Gross Impaired Loans (GILs) have declined from 2% of loans at fiscal
year-end 2002 to a very manageable 0.75%. Loan loss reserves cover GILs
1.6 times. TD has strengthened its capital position by reducing risk-weighted
assets in a targeted manner and through earnings retention. Overall,
TD has delivered consistent earnings performance since reporting sizeable
goodwill writedowns and restructuring charges in the second quarter
of 2003. Over the last year, TD's tier 1 capital ratio has improved
from 8.8% to 11.90%, now highest of the six largest Canadian banks.
Tangible common equity to risk-weighted assets has increased from 5.7%
to 8%, while tangible common equity (common equity less total intangibles,
gross of future tax liability) to tangible assets remains comparatively
low at 2.42%.
In addition, TD's
retail market shares have generally stabilized. The considerable strength
provided to TD by its retail franchise underlines the importance of
this factor. TD captures about 22.5% of personal core deposits. In terms
of overall risk profile, TD is approaching its desired business mix
of 80% retail, 20% wholesale. While this significantly reduces the firm's
exposure to the perceived higher risk corporate sector, it also reduces
its revenue and business diversification.
Contact: Doris Hoffmann
+1-312-368-2057, Chicago or Sharon Haas +1-212-908-0362, New York.
### Press Release
################################
News
Briefs---
At Riggs Bank, a
Tangled Path Led to Scandal
http://www.nytimes.com/2004/07/19/business/19BANK.final.html
Venture-Backed Companies
Expanding
http://www.washingtonpost.com/wp-dyn/articles/A63244-2004Jul20.html
Q2 ’04 IPO Activity National Venture Capital Association
http://www.nvca.org/pdf/IPO_release_Q2_2004_FINAL.pdf
States With Largest
Venture-Backed Jobs
http://www.washingtonpost.com/wp-dyn/articles/A63245-2004Jul20.html
Net access via satellite
a tough sell—Still Too Expensive
http://www.boston.com/business/technology/articles/2004/07/19/
net_access_via_satellite_a_tough_sell/
Ask Jeeves searches
for profits, gets results
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive
/2004/07/19/BUGOJ7ME751.DTL&type=business
Apple Sings Sweeter,
Longer Tunes
http://www.internetnews.com/bus-news/article.php/3383191
-----------------------------------------------------------------------------------
Sports
Briefs---
Report: George rejects
Titans' latest offer, asks for release
http://www.usatoday.com/sports/football/nfl/titans/2004-07-19-george-offer_x.htm
Pats reach agreement
with first round pick Wilfork
http://www.theredzone.org/news/showarticle.asp?ArticleID=1288
------------------------------------------------------------------------------------
California
Nuts Brief---
Governor's gibes
stall budget, Dems say
'Girlie men' remark
infuriates lawmakers, delays compromise
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/07/20/BUDGET.TMP
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“Gimmie
that Wine”
Industry group Wine
Vision hosting two-day SR conference on broadening state wines' appeal
http://www.pressdemocrat.com/business/news/19winevision_d1d01_biz_d1prerund.html
Next big wine may
be a blend of the very best
http://www.modbee.com/columnists/moran/story/8861092p-9749390c.html
Archaeologists Uncover
What May Be the Oldest U.S. Wine Cellar
http://www.winespectator.com/Wine/Daily/News/0,1145,2540,00.html
Wineries continuing
to sprout up in New York state
http://www.sfgate.com/cgi-bin/article.cgi?file=/news/archive
/2004/07/18/financial0205EDT0001.DTL
-----------------------------------------------------------------------------------------
This
Day in American History
1591- Anne Marbury was baptized
in Alford, England. America's first female religious leader, Anne Marbury
Hutchinson was the daughter of an outspoken clergyman silenced for criticizing
the Church of England. Better educated than most men of the day, she
spent her youth immersed in her father's library.
At
twenty-one, Anne Marbury married Will Hutchinson and began bearing the
first of their fifteen children. She became an adherent of the preaching
and teachings of John Cotton, a Puritan minister who left England for
America.
http://memory.loc.gov/ammem/today/jul20.html
1848-
the Seneca Falls Convention convened for a second day. On the previous
day, convention organizer Elizabeth Cady Stanton had read the "Declaration
of Sentiments and Grievances." In the process of reviewing a list
of attached resolutions, a group united across the boundaries of gender
and race to demand women's right to vote in the United States.
(second
part of: http://memory.loc.gov/ammem/today/jul20.html
)
1858-
Approximately 1,500 baseball fans were charged 50 cents each to watch
a baseball game between the New York All-Stars and a Brooklyn team at
Fashion Race Course on Long Island.
This is the first record “commercial” game of baseball. In a
preclude to the next century, New York beat Brooklyn 22-18.
1874
-- General George
Custer and first official exploring expedition enters Black Hills with
110 wagons and 1,000 men, in direct violation of treaty of 1868 that
barred whites from sacred hills. He was out to make a name for himself
in
history.
1885-Birthday
of Theda Bara, early Hollywood star whose blatant sexuality (for the
time) as a "vamp" (a woman who uses men and throws them away
instead of being used and thrown away) was the subject of many a Sunday
church sermon. She made more than 40 silent films.
http://www.classicimages.com/1996/july/theda.html
http://www.tartcity.com/thedabara.html
http://silentladies.com/PBara1.html
http://www.bombshells.com/gallery/bara/theda_bio.php
known for his Count Basie arrangements Died June 5, 1999
http://www.harlem.org/people/wilkins.html.
http://elvispelvis.com/erniewilkins.htm
1930
- The temperature at Washington D.C. soared to an all-time record of
106 degrees. The next day Millsboro reached 110 degrees to set a record
for the state of Delaware. July 1930 was one of the hottest and driest
summers in the U.S., particularly in the Missouri Valley where severe
drought conditions developed. Toward the end of the month state records
were set for Kentucky with 114 degrees, and Mississippi with 115 degrees.
1934---
118ø F (48ø C), Keokuk, Iowa (state record)
1939-Birthday
of Judy Chicago, artist who encourages women to
do what she did, assimilate female imagery into their art work. She
established educational programs for women, was one of the founders
of the Los Angeles Feminist Studio Workshop which, among other things,
opened the Woman's Building, and creator of a number of exciting woman-related
images and sculptures.
http://www.indiana.edu/~scsweb/jchicago/chicago_cu2.jpg
http://www.npr.org/programs/atc/features/2002/oct/chicago/
1940-The
first pop music record charts for single songs were published by the
music grade newspaper “Billboard.” The first Number on was Tommy Dorsey’s “ I’ll
Never Smile Again,” sung by Frank Sinatra.
1944
President Franklin D. Roosevelt nominated for an unprecedented 4th term
at the Democratic convention. Harry S. Truman of Missouri was nominated
for
vice-president.
In June the allied landed in Normandy and the Russian front was
in
full battle, but in mid-June the Germans introduced a new weapon, the
V-1 pilot less bombs; they launched
it against London and other British cities.
In September they followed it with the V-2, a supersonic rocket
causing great destruction. The
end of June the Republican National Convention nominated
Thomas
E. Dewey, governor of New York for the presidency, and Gov. John W.
Bricker of Ohio for the vice-presidency.
Dream - The Pied
Pipers
The More I See You
- Dick Haymes
Sentimental Journey
- The Les Brown Orchestra (vocal: Doris Day)
Stars and Stripes
on Iwo Jima - Bob Wills
1950-
the “Arthur Murray Party” premiered on television. This ballroom dancing
show appeared on all four networks (ABC, Dumont, CBS and NBC) and was
hosted by Kathryn Murray, wife of famed dance school founder Arthur
Murray. “Arthur Murray taught me to dance in a hurry. “ He is the uncle
of
our
good friend Bob Teichman (Murray
dropped his middle name for
as
Teichman did not rhyme with very many things.)
1953---Top
Hits
Song from Moulin
Rouge - The Percy Faith Orchestra
April in Portugal
- The Les Baxter Orchestra
I’m Walking Behind
You - Eddie Fisher
It’s Been So Long
- Webb Pierce
1958-
During the first game of a doubleheader Tiger Jim Bunning no-hits the
Red Sox, 3-0. The future Hall of Famer will become the first modern
pitcher to toss a no-hitter in both leagues when throws a perfect against
the Mets in 1964.
1961---Top
Hits
Tossin’ and Turnin’
- Bobby Lewis
The Boll Weevil Song
- Brook Benton
Yellow Bird - Arthur
Lyman Group
Heartbreak U.S.A.
- Kitty Wells
1963-Jan
and Dean's "Surf City" tops the singles chart just two weeks
after its release.
1965-Bob
Dylan's "Like a Rolling Stone" is released by Columbia records.
The disc turns out to be his biggest hit ever climbing to number two
on the U.S. pop chart and number four in the U.K.
1965-Kama
Sutra Records releases the Lovin' Spoonful's first record, "Do
You Believe in Magic." It will reach #9 on the pop chart.
1965-
Yankee pitcher Mel Stottlemyre hits an inside the park grand slam against
the Red Sox en route to a 6-3 victory.
1968-One
thousand mentally retarded athletes competed in the first Special Olympics
at Solider Field, Chicago, Il. Today
more than one million athletes from 156 countries compete at the local,
national and international level.
1973- Kunckleballer Wilbur Wood of the Chicago
White Sox pitched both games of a doubleheader against the New York
Yankees. No pitcher has done this since, but Wood lost both games.
1968- Cream's "Wheels Of Fire" LP enters the chart. It hits #1 and features the single "White Room."
1969---Top
Hits
In the Year 2525
- Zager and Evans
Spinning Wheel -
Blood, Sweat and Tears
Good Morning Starshine
- Oliver
I Love You More Today
- Conway Twitty
1973- White Sox pitcher Wilbur Wood loses both ends of a doubleheader to the Yankees.
1975-Miami" Steve Van Zandt performs for the first time in concert as a member of Bruce Springsteen's E Street Band in Providence, Rhode Island.
1977---Top
Hits
Da Doo Ron Ron -
Shaun Cassidy
Looks like We Made
It - Barry Manilow
I Just Want to Be
Your Everything - Andy Gibb
It was Almost like
a Song - Ronnie Milsap
1985 - Treasure hunters began removing $400 million in coins and silver ingots from the ocean floor in the biggest underwater treasure hunt in history. The money came from the Spanish galleon, "Nuestra Senora de Atocha," which sunk in 1622, 40 miles off the coast of Key West, Florida.
1985-Sting's solo debut, "The Dream of the Blue Turtles" enters the album charts. The LP features the hits, "If You Love Somebody Set Them Free" and "Fortress Around Your Heart."
1985---Top
Hits
A View to a Kill
- Duran Duran
Raspberry Beret -
Prince and The Revolution
Everytime You Go
Away - Paul Young
Dixie Road - Lee
Greenwood
1986
- The temperature at Charleston, SC, hit 104 degrees for the second
day in a row to tie their all-time record high.
1988—The Democratic National Convention nominated Gov. Michael S. Dukakis of Massachusetts for president and Sen. Lloyd M. Bensten,Jr., of Texas for Vice-President.
1988 - The temperature at Redding, CA, soared to an all-time record high of 118 degrees. Showers and thunderstorms produced much needed rains from New England to southern Texas. Salem, IN, was deluged with 7.2 inches of rain resulting in flash flooding.
1989 - Showers and thunderstorms in the Middle Atlantic Coast Region soaked Wilmington, DE, with 2.28 inches of rain, pushing their total for the period May through July past the previous record of 22.43 inches. Heavy rain over that three month period virtually wiped out a 16.82 inch deficit which had been building since drought conditions began in 1985. Thunderstorms in central Indiana deluged Lebanon with 6.50 inches of rain in twelve hours, and thunderstorms over Florida produced wind gusts to 84 mph at Flagler Beach.
1991-Tom Petty and The Heartbreakers' "Into The Great Wide Open" LP enters the chart.
Baseball
Poem
|
Baseball and Writing |
|
(Suggested by post-game
broadcasts)
Fanaticism? No. Writing is exciting
and baseball is like writing.
You can never tell with either
how it will go
or what you will do;
generating excitement--
a fever in the victim--
pitcher, catcher, fielder, batter.
Victim in what category?
Owlman watching from the press box?
To whom does it apply?
Who is excited? Might it be I?
It's a pitcher's battle all the way--a duel--
a catcher's, as, with cruel
puma paw, Elston Howard lumbers lightly
back to plate. (His spring
de-winged a bat swing.)
They have that killer instinct;
yet Elston--whose catching
arm has hurt them all with the bat--
when questioned, says, unenviously,
"I'm very satisfied. We won."
Shorn of the batting crown, says, "We";
robbed by a technicality.
When three players on a side play three positions
and modify conditions,
the massive run need not be everything.
"Going, going . . . " Is
it? Roger Maris
has it, running fast. You will
never see a finer catch. Well . . .
"Mickey, leaping like the devil"--why
gild it, although deer sounds better--
snares what was speeding towards its treetop nest,
one-handing the souvenir-to-be
meant to be caught by you or me.
Assign Yogi Berra to Cape Canaveral;
he could handle any missile.
He is no feather. "Strike! . . . Strike two!"
Fouled back. A blur.
It's gone. You would infer
that the bat had eyes.
He put the wood to that one.
Praised, Skowron says, "Thanks, Mel.
I think I helped a little bit."
All business, each, and modesty.
Blanchard, Richardson, Kubek, Boyer.
In that galaxy of nine, say which
won the pennant? Each. It was he.
Those two magnificent saves from the knee-throws
by Boyer, finesses in twos--
like Whitey's three kinds of pitch and pre-
diagnosis
with pick-off psychosis.
Pitching is a large subject.
Your arm, too true at first, can learn to
catch your corners--even trouble
Mickey Mantle. ("Grazed a Yankee!
My baby pitcher, Montejo!"
With some pedagogy,
you'll be tough, premature prodigy.)
They crowd him and curve him and aim for the knees. Trying
indeed! The secret implying:
"I can stand here, bat held steady."
One may suit him;
none has hit him.
Imponderables smite him.
Muscle kinks, infections, spike wounds
require food, rest, respite from ruffians. (Drat it!
Celebrity costs privacy!)
Cow's milk, "tiger's milk," soy milk, carrot juice,
brewer's yeast (high-potency--
concentrates presage victory
sped by Luis Arroyo, Hector Lopez--
deadly in a pinch. And "Yes,
it's work; I want you to bear down,
but enjoy it
while you're doing it."
Mr. Houk and Mr. Sain,
if you have a rummage sale,
don't sell Roland Sheldon or Tom Tresh.
Studded with stars in belt and crown,
the Stadium is an adastrium.
O flashing Orion,
your stars are muscled like the lion.
From
The Complete Poems of Marianne Moore. Copyright © 1961 Marianne
Moore, © renewed 1989 by Lawrence E. Brinn and Louise Crane, executors
of the Estate of Marianne Moore.
Another
Poem by Marinne Moore
|
Poetry |
|
I, too, dislike it: there are things that are important beyond
all this fiddle.
Reading it, however, with a perfect contempt for it, one
discovers in
it after all, a place for the genuine.
Hands that can grasp, eyes
that can dilate, hair that can rise
if it must, these things are important not because a
high-sounding interpretation can be put upon them but because
they are
useful. When they become so derivative as to become
unintelligible,
the same thing may be said for all of us, that we
do not admire what
we cannot understand: the bat
holding on upside down or in quest of something to
eat, elephants pushing, a wild horse taking a roll, a tireless
wolf under
a tree, the immovable critic twitching his skin like a horse
that feels a flea, the base-
ball fan, the statistician--
nor is it valid
to discriminate against "business documents and
school-books"; all these phenomena are important. One must make
a distinction
however: when dragged into prominence by half poets, the
result is not poetry,
nor till the poets among us can be
"literalists of
the imagination"--above
insolence and triviality and can present
for inspection, "imaginary gardens with real toads in them,"
shall we have
it. In the meantime, if you demand on the one hand,
the raw material of poetry in
all its rawness and
that which is on the other hand
genuine, you are interested in poetry.
From
The Complete Poems of Marianne Moore. Copyright © 1961 Marianne
Moore, © renewed 1989 by Lawrence E. Brinn and Louise Crane, executors
of the Estate of Marianne Moore.
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