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About the Company: www.odysseyequipfinance.com |
Headlines---
Classified
Ads---Sales Manager
Graneri
Books, Tapes, Funeral Today
From
Our Archives—May 24,2000---“damnbroker”
Fitch:
DVI Equipment Securitizations Rating Watch Negative
European
High-Tech Venture Capital Remains Robust in Q1
######## surrounding the article denotes it is a “press
release”
Classified
Ads---Sales Manager
Sales Manager:
Atlanta, GA
30 years in transportation Finance with strong management/ sales background. Represented company on national & region markets. Started two successful operations- produce profits and growth.
Email: pml@mindspring.com
Sales Manager:
Chicago, Illinois
Twenty plus years.
Senior sales and marketing management most recently Building "businesses"
from scratch. Leveraging leadership, administrative, operations, financial,
auditing background. WANTED: challenging new opportunity.
Email: edok@sbcglobal.net
Sales Manager:
Dallas/Fort Worth, TX.
Domestic-int'l exp.
Small to middle ticket. 24 yrs with Fortune 500 firms(2). Consistently
achieves margin/ volume goals. Email: mfdp1101@charter.net
Sales Manager:
New York, NY
I have over 25 years
owning an independent leasing company that specialized in truck leasing.
Tow trucks, Limos, ambulances, tractors, etc.. Email: rfleisher@rsrcapital.com
Sales Manager:
Pennsauken, NJ.
17 Years Leasing in all capacities from CSR and Collections to National Sales Management and Vice President Vendor Development. Exceptional People Skills. Many industry references.
email: cherfurth1@aol.com
Sales Manager: Portland, OR. 18+ yrs w/bank leasing company. Supervised 14- 20 sales people. Willing to relocate for the proper position.
Email: pthygeson@netscape.net
Sales Manager:
Seattle, WA
Senior level sales professional w/ (20) plus experience in mid market financing & leasing. The last (8) plus years being self employed in middle market brokerage.
Email: markhenley@qwest.net
----------------------------------------------------------------------
Economic
Events This Week
May 25
Tuesday
Consumer Confidence: May
Existing-Home Sales: April
May 26
Wednesday
Durable Goods Orders,
April
New Home Sales: April
Prices of New Homes: April
May 27
Thursday
Gross Domestic Product,
1st quarter revised
Weekly Jobless Claims
May 28
Friday
Personal Income, April
Monday
May 31
Memorial Day Holiday
--------------------------------------------------------------------------
Graneri
Books, Tapes, Funeral Today
“There will be an
obituary published on Sunday, May 23 in The Home News Tribune (thnt.com)
a Gannett paper out of the New Brunswick area.
My daughter Laurie is a features writer for The Home News and
will be writing it.
“ Condolences can
be sent to at bgcloser@aol.com.
“The funeral home
may have something set up, too. Bronson and Guthlein, N. Main St., Milltown,
NJ 08850 732-828-0151. Ask for
Gerry or Kathie Guthlein.
“Thank you for your
many kindnesses towards Mike. Bill
spoke of you often and you have been a good friend to the Granieri family. Please keep in touch. “
Melinda Granieri
732-828-5844
Home News Tribune Obituary
Michael Anthony Granieri,
40, died Wednesday, May 19, 2004, at Raritan Bay Medical Center, Old
Bridge Division.
Born in Philadelphia,
Pa., he was a lifelong Milltown resident prior to moving to Old Bridge
several years ago. He was a graduate of St. Joseph High School in Metuchen,
where he lettered in shot put and discus. He was also a graduate of
Middlesex County College and The College of New Jersey (formerly Trenton
State College), where he won a gold medal for shot put at the New Jersey
Athletic Conference, and bronze medals in shot put and discus at the
Eastern College Athletic Conference. He was a golfer, competed on local
softball teams and was an avid fan of Philadelphia sports teams.
Mr. Granieri worked
in the family business with his father as Vice President of Lease Marketing
for Granieri Associates for 15 years, and authored several articles
for major leasing publications. He later taught at the Piscataway campus
of Middlesex County Vocational and Technical High School, and recently
was employed as a court officer for New Brunswick Municipal Court.
Michael always will
be remembered as a person with a boyish face and infectious laugh who
enjoyed birds, children and gardening. One of his friends said, "When
he walks in a room, everyone is happy he entered."
He is predeceased
by his father, William, and is survived by his mother, Melinda A. Granieri,
and sister, Laurie Anne Granieri, both of Milltown, and brother, William
J. of Bedminster.
Calling hours will
be 2 p.m.-4 p.m. and 7 p.m.-9 p.m. Monday at Bronson & Guthlein
Funeral Home of Milltown, 152 North Main St. A funeral Mass will be
9:30 a.m. Tuesday in St. Bartholomew's R.C. Church in East Brunswick.
He will be buried alongside his father at Holy Cross Burial Park in
South Brunswick. In lieu of flowers, memorial contributions to St. Joseph
High School may be made in his name.
--------------
“I just wanted to
express my condolences to the Granieri family on the tragic passing
of young Michael. I knew Mike and his Dad very intimately over the past
20 years.
“ I had the good
fortune of meeting Bill Granieri while working for Integrity Credit
Corporation (later to be Bell Atlantic-Tricon Leasing) in the early
80’s. I was one of the lucky ones who got to be taught by Bill over
the years while at Integrity and later with Copelco Capital.
“ We remained good
friends over the years. Bill was one of the finest gentlemen you’d ever
want to meet. He loved life, the leasing industry and his family above
all else. I came to know his son Michael over the years as well. Young
Mike was an apprentice in the beginning, learning his father’s trade
in the late 80’s.
“I’ll never forget
driving his father Bill to a seminar while trying to stuff young Mike
(who was a good sized middle-linebacker) into the back seat of my 944
Porsche for a 2 hour ride. Yet, he never complained once about the “sardine
routine” for the 4 hour roundtrip.
“Upon Bill’s passing,
Mike told me his was going to try and continue his fathers legacy by
continuing “top gun” sales training, writing newsletters and selling
some of his dad’s books that he had written over the years.
“Mike was very close
to his father and took Bill’s passing very hard. Mike would be the first
to tell you that he could never replace his father’s charm or his passionate
speaking skills. I had the good fortune of staying in touch with Mike
over the years, as well as his mother Melinda (who Bill fondly would
refer to as “the best closer of the family”).
“Melinda is one of
the strongest individuals you’ll ever meet and I know she will continue
to be strong in this time of grieving. Although Mike was a “Big Man”,
he was a gentle soul. He was a religious person, who was loved by all
of those he came to meet.
“You could call Mike
even at 10PM at night and ask him to help you structure a transaction.
He’d never hesitate to take out his HP and go over the keystrokes of
the transaction with you over the phone. He had a big heart and was
loved by many.
“ Michael and his
father will be sorely missed in the coming years. I know that the books,
tapes, and articles will forever remain a piece of leasing industry
history. I also know that Bill and Michael are together again, looking
down upon those of us who were lucky enough to have known them. I know
they are both sharing in (as Bill would often refer to) “a beverage
of their choice”.
Shawn McGill-
Highland Capital
--
Lisa (Rafter, editor,
Monitor Daily) & Kit,
”Like many in our industry, I am saddened by the passing of Mike
Granieri.
”I understand the Granieri "Top Gun" books and audio tapes
might still be available and given the family might benefit, I was thinking
the three of us should create a link from our web sites to their web
site
(assuming they have one), advertising these publications on their
behalf.
”I would be honored to include such a link (image) from the Lessors
Network.
”What are your thoughts and would it be appropriate for one of you to
run this by the family?”
Regards,
John Semon
The Lessors Network
“Thank you all for
your kind thoughts regarding Mike.
The books and tapes and everything relating to Granieri Associates
are in my possession so there is no will no probate for anything regarding
them. Mike continued to market the tapes and the
books we have available. There
are also many additional monographs written by Bill and Mike in my possession.
“You are kind to
want to be of assistance. Although
Mike held a new position outside the industry for almost a year, we
discovered that he is not entitled to insurance benefits because his
anniversary date is July 1, 2004. He
would be so sad to know that this is the case but we will soldier on.
“Thank you for your
concern and please keep in touch. “
Melinda Granieri
From
Our Archives—May 24,2000---“damnbroker”
Read Rob's overview!
( Rob Yohe on the EAEL-ELA Miami Beach, Florida Conference ) It was
very, very good! However, having been in the industry for many years
I am afraid I am beginning to hear the "damnbroker" analysis
popping up again. If the brokers disappeared this afternoon a number
of large companies would go away in a few days. If the funding sources
had to go out and hire sales reps to do what the brokers do I think
their margins might be even thinner! With the rates we see from the
large leasing companies we are forced to compete against we are not
getting the cheapest rates in town.
Seems to me the problems
currently in our market were mostly driven by some funding sources who
got loads of money from securitization and had to put it somewhere.
The brokers, who plan to stay in business, adhere to the credit criteria
dictated by their funding sources. If the funding sources have competition
and decide to lower their credit criteria or their rates to attract
more business then they should be big boys and girls and realize what
historically happens when you lower credit standards.
Ten years ago when
seven of us sat in a hotel restaurant and birthed NAELB it was our desire
to prevent fraud and level the playing field between the broker and
funding source. I think there has been some success in that area through
communication both ways. However, when hard times come why are we brokers
always the ones getting beat up?
One thing about our
industry, it ain't never dull!
- Adrian
http://two.leasingnews.org/archives/May/5-25-00.htm
May 24,2000 Rob Yohe Report EAEL/ELA
http://two.leasingnews.org/archives/May/5-24-00.htm
### Press Release
#######################################
Fitch
Places DVI Equipment Securitizations on Rating Watch Negative
Fitch Ratings-Chicago:
Fitch Ratings places certain classes of DVI, Inc. equipment transactions
on Rating Watch Negative. These rating actions affect classes of notes
in eight transactions totaling $964 million in securities. These actions
are based on Fitch's review of servicer reports for the period ending
April 30, 2004. On March 5, 2004, Fitch took rating actions on various
DVI, Inc. equipment transactions. The March 5, 2004 rating actions reflected
substantial reductions in expected credit enhancement that would be
available to support each class of outstanding securities. Fitch's conservative
performance expectations incorporated several stress scenarios, including
applying escalating default rates to delinquency buckets and applying
stressed recovery rates to both defaulted leases and expected defaults
on delinquent lease balances. A review of recent servicer reports indicates
that in spite of the conservative expectations applied by Fitch at the
time of the March rating actions, actual recovery rates are below expectations.
Additionally, actual delinquency rates, particularly later stage delinquencies,
are higher than expected and may result in higher than expected default
rates.
On Feb. 4, 2004,
DVI was terminated as servicer and replaced by US Bank Portfolio Services
(USBPS) as successor servicer for each of the securitizations under
the terms of each transaction's Contribution and Servicing Agreements.
Since the appointment of USBPS, defaults have continued, but the rate
of defaults has generally decreased. However certain transactions continue
to experience high monthly defaults. Additionally, total delinquencies
remain at or near levels prior to the servicing transition and delinquencies
over 90 days remain a very high component of total delinquencies. Furthermore,
recoveries to date on previously defaulted contracts have been minimal.
Fitch expects to
discuss performance trends, recovery expectations and additional information
requests with USBPS in the near future. Based on those discussions and
review of additional information, Fitch may affirm or downgrade or in
the absence of receipt of adequate information withdraw its ratings.
The following eight
DVI medical equipment transactions (24 classes; $964 million) of are
placed on Rating Watch Negative by Fitch as follows:
DVI Receivables VIII,
L.L.C., series 1999-1
--Class A-5 'BBB';
--Class B 'BB';
--Class C 'B';
--Class D 'B-'.
DVI Receivables X,
L.L.C., series 1999-2
--Class A-4 'B';
--Class B 'B-'.
DVI Receivables XI,
L.L.C., series 2000-1
--Class A-4 'B';
--Class B 'B-'.
DVI Receivables XII,
L.L.C., series 2000-2
--Class A-4 'B-'.
DVI Receivables XIV,
L.L.C., series 2001-1
--Class A-3 'BB';
--Class A-4 'BB-';
--Class B 'B'.
DVI Receivables XVI,
L.L.C., series 2001-2
--Class A-3 and A-4
'BB+';
--Class B 'BB-';
--Class C 'B'.
DVI Receivables XVIII,
L.L.C., series 2002-2
--Class A-3A and
A-3B 'BB-';
--Class B 'B-'.
DVI Receivables XIX,
L.L.C., series 2003-1
--Class A-2A, A-2B,
A-3A and A-3B 'B';
--Class B 'B-'.
Contact: Joseph S.
Tuczak +1-312-368-2083 or Du Trieu +1-312-368-2091, Chicago.
Media Relations:
Sandro Scenga +1-212-908-0278, New York.
### Press Release
#########################################
European
High-Tech Venture Capital Remains Robust in Q1 2004
Amsterdam, The Netherlands
(PRWEB–- Venture capital figures for the first quarter of 2004 revealed
that investments in European technology companies are still on the rise.
According to Tornado Insider Research’s deals database, 193 fundings
were secured in Europe, amounting to a total of €837 million in venture
capital investment in Q1 2004. This figure represented an 8% incline
compared to the €774 million raised in the strong last quarter of 2003,
continuing the upward trend that began in early 2003. In Q1 2004, companies
in the Biotechnology & Healthcare space again attracted the most
funding, while Communications investments rebounded to rank second.
The average deal size, meanwhile, climbed almost 6% to €4.3 million.
307 investors were active in the European technology arena, 27 more
than in Q4 2003.
The robust figures
for Q1 2004 were largely the result of an impressive start in January,
with 70 technology companies pulling in €311 million. In February, both
the number of deals (54) and the amount invested (€280 million) plunged
significantly. March showed a surge in investment activity (69 deals),
although the amount of funding again decreased to €246 million.
“Our recently launched
report on European venture capital trends of the past four years revealed
strong stabilization of the market in 2003” said Niels Valkering, Head
of Research at Tornado Insider. “We expected the revival of the industry
to hold strong in 2004. That Q1 2004 outperformed the previous quarter
by this extent is surprising, since first quarter figures on venture
capital investment are notoriously low. This is yet another sign of
the health of the current market.”
Sector breakdown:
Biotechnology & Healthcare leads… but is losing ground
The boom in Biotechnology
& Healthcare funding cooled considerably in Q1 2004. Although the
reported €263 million was the largest sum raised by any industry in
Tornado Insider’s database, it represented a 23% drop compared to the
previous quarter and its contribution to total funding decreased to
31% – versus 44% in Q4 2003. Noteworthy was that the number of Biotechnology
& Healthcare investments in Q1 2004 (57) ranked highest of all industries.
This breaks a series of 13 successive quarters where Software scored
the highest number of deals (Q3 2000 reported more Internet investments
than Software investments). Moreover, Software dropped to the third
rank for amount raised (€163 million), surpassed by Communications (€185
million, a 109% increase compared to Q4 2003). After plummeting to a
mere 11% in Q4 2003, Communications investment rebounded to 22% of total
funding in Q1 2004. Additionally, investors are finally warming up to
Energy & Agriculture investments (4 deals totaling €33 million;
4% of total funding in Q1 2004), an industry seeing a slow but steady
increase in funding over the past years.
Country breakdown:
Strong performance in France, Ireland and Spain
The United Kingdom
once again attracted the most venture capital in Europe in Q1, although
a moderate decline of 3% was recorded compared to Q4 2003. The €263
million raised by 58 technology companies in the UK accounted for 32%
of all technology deals in Europe (35% in Q4 2003). France more than
doubled its investment to €152 million in Q1 2004 (31 deals), representing
18% of total funding and placing it second. Germany came third, dropping
one rank, but still showing an increase of 10% with €125 million. Best
of the rest was Switzerland (20% drop to €54 million), while Ireland
climbed up to fifth place with a 172% increase compared to Q4 2003 (€48
million raised by 13 companies). Tripling its investment in Q1 2004,
Austria cracked the top 10, ranking sixth with 8 deals totaling €42
million. Spain (twelfth on the list) secured €13.6 million (11 deals),
up from €2.9 million (5 deals). Scandinavian technology investments,
meanwhile, faced a strong decrease compared to Q4 2003. Denmark dropped
6 places and 71% to ninth spot, while Sweden came in eighth with €29
million, representing a 42% decline.
Stage breakdown:
Recovery in early-stage investments
The upturn in seed
and first round investment that started halfway 2003 persisted during
the first quarter of this year. Q1 2004 saw 39 seed and first round
deals – an increase of 1% compared to the previous quarter. This number
represented 20.2% of the total number of investments for the quarter,
up from 19.8% in Q4 2003 and 19.1% in Q3 2003. Total funding for these
rounds amounted to €135 million, an increase of 9% compared to Q4 2003.
This level of funding represented 16.2% of overall Q1 2004 investment
– up from 14.8% in Q4 2003 and 12.8% in Q3 2003.
Markets drivers:
Exit climate continues surge
Q1 2004 saw an encouraging
exit climate, with high-profile listings such as Cambridge Silicon Radio*
and Opera Software*, and numerous announcements of IPO plans. The IPO
window quickly clouded as stock market weakness cooled investor appetite
for new paper. Expectations for IPOs in 2004 have since dimmed, with
any recovery now unlikely before the second half of 2004, or even 2005.
The M&A market, meanwhile, has proved a more reliable exit for investors,
with venture-backed startups such as Kelkoo, Magic4*, Webwasher*, and
SuSE Linux* all being acquired for notable sums by NASDAQ-listed companies.
This supports the increase in early-stage investing, as investors are
enabled to free up time and resources to source new quality deals. "The
lack of a vibrant IPO market still dogs investors," says Timothy
Weeks, senior editor of Tornado Insider, "but the recent burst
of M&A activity in Europe's tech sector can't help but boost VC
morale."
* Tornado100 companies
ENDS
About Tornado Insider
Founded in 1999,
Tornado Insider is the only true pan-European technology media company
serving the technology industry, providing entrepreneurs, investors,
service providers and other participants with a single-source view of
high-tech Europe featuring primary research, editorial coverage, startup
awards and events. Core to all of Tornado Insider’s activities is the
most extensive database available – focused on European private technology
companies, their funding deals and key decision makers. Through its
products and services Tornado Insider offers valuable insight into the
technology trends in Europe, its investment climate, as well as qualified
sales leads, competitive intelligence, and support for due diligence
activities.
More information
on venture capital deals in Europe can be requested for via the contact
below, or on www.tornado-insider.com/research.
For additional information,
please contact:
Tornado Insider:
Ruud Kaitjily
Tel: +31 20 462 1942
Fax: +31 20 462 1961
###
Press Release ############################
Classified
Ads---Help Wanted
Accounting
 Accounting: PricewaterhouseCoopers seeks executives with experience in equipment leasing to help clients improve their leasing businesses by assessing "as is" conditions and designing and implementing solutions to operational issues. PwC also seeks CPA's with a broad based knowledge of FAS13 and familiarity with accounting for leases with simple and complex transaction structures. Email: anthony.g.anderson@us.pwc.com About the Company: PricewaterhouseCoopers, New York, NY. |
|
About the Company: Nationwide Funding, Irvine, CA. |
Equipment
Sales Representative
|
Equip.
Leasing Sales Rep: Strong sales and bus. dev. skills
needed. Dev/manage portfolio, initiate bus. in upper Midwest .
3-4 yr leasing exp. www.associatedbank.com About
the Company: Associated
Banc-Corp is a diversified multibank holding co., w/ $15.5
billion in total assets. Headquartered in Green Bay, WI . Associated
has more than 200 banking locations across WI, IL and MN. |
Marketing
Indirect Originator
|
|
Sales
|
About the Company: www.odysseyequipfinance.com |
|
About
the Company: |
Sales: Established 20-year
full service lessor seeks sales professional in small or mid ticket
markets. Earn high commissions, with benefits.
--- to post a "Help Wanted" ad, please go to:
http://64.125.68.90/LeasingNews/PostingFormWanted.asp
-------------------------------------------------------------------------------
News
Briefs---
Biweekly survey finds
U.S. gas prices up 14 cents
http://www.signonsandiego.com/news/state/20040523-1544-ca-gasprices.html
Saudis Promise to
Increase Oil to U.S.
http://www.washingtonpost.com/wp-dyn/articles/A50845-2004May24.html
Ex-Centcom chief
Zinni blasts Pentagon for war woes
http://www.signonsandiego.com/news/world/iraq/20040523-1822-iraq-zinni.html
Quality Rankings
Among Automotive Brands
http://www.washingtonpost.com/wp-dyn/articles/A50783-2004May24.html
Farmers Turn to the
Web for Help
http://www.washingtonpost.com/wp-dyn/articles/A50820-2004May24.html
French's mustard,
tangy sensation of 1904, turns 100
http://www.usatoday.com/money/industries/food/2004-05-21-frenchs-100_x.htm
--------------------------------------------------------------------------
Sports
Briefs
Quitter QB Collins
agrees to three-year deal with Raiders
http://www.theredzone.org/news/showarticle.asp?ArticleID=1172
Raiders better than
49ers in cap crunch---Skip Bayless
kitmenkin@leasingnews.org&KRD_RM=8oppqqutwvrusqvxuqpooooooo|Kit|Y
Is George out of
time with Titans?
http://www.tennessean.com/sports/titans/archives/04/05/51727146.shtml?Element_ID=51727146
Everything goes right
for lefty Flesch in Colonial triumph
http://www.usatoday.com/sports/golf/pga/2004-05-23-colonial-final_x.htm
-------------------------------------------------------------------------------
“Gimme
that Wine”
Grand Award-Winner in Houston to Close After 25 Years-Selling Off
His Wine—Some bargains, they say.
http://www.winespectator.com/Wine/Daily/News/0,1145,2482,00.html
(This was a great
restaurant. The chef/owner was
a member of the
Chaine des Rotisseurs.
When I visited, he not only welcomed us,
but made some special
entrees ( at no charge.) He
had a very good
wine list as I remember.
An “old style” type restaurant.
The Annual Wine Country
Issue of the “Wine Spectator” is out.
It
has a great issue
on Napa Valley, and some of the secrets are now
out, such as Bistro
Jeanty and Martini House. I
had recommended
Bistro Jeanty to
Bruce Laurie of Nassau for his wife’s birthday ( he
took her to Napa
Valley.) The foot was very good
and not exensive,
but what he liked
best was they were seated next to Robert Redford
and his party. This is a great issue, and if you don’t subscribe,
you
should look for it
in magazine racks to save should you visit the
area.
Taylor Fladgate to
Release Old-Vine Ports from Vargellas
http://www.winespectator.com/Wine/Daily/News/0,1145,2480,00.html
New Meritage Wine/International
wine merger announced
http://www.napanews.com/star/templates/index.cfm?template=story
_full&id=55DBD015-3523-4E3E-A6AE-3A9EE1E65A7C
This
Day in American History
May 24, 1933 Michael
White Birthday (Jazz violinist,
often plays
with John Handy, my late father’s favorite modern jazz group,
who he met when they were both teaching at San Francisco State
College).
1816-birthday of Emanuel Leutze, obscure itinerant painter, born at Wurttemberg, Germany, came to the US when he was nine years old, began painting by age 15. Painted some of the most famous of American scenes, such as “Washington Crossing the Delaware, “ Washington Rallying the Troops at Monmouth” and Columbus Before the Queen.” Died July 18,1868, at Washington, DC. Painting all by his imagination. “Washington did indeed cross the Delaware, but not in the dramatic and elegant style depicted in Emanuel Leutze’s famous painting, “as stated in Richard Shenkman’s “Legends, Lies & Cherished Myths of American History.” “Washington probably wasn’t standing, or course; that would have been, as one writer plainly put it, “stupid.” And Washington probably wasn’t quite as impassive as Leutze portrays him(One is reminded of all those pictures which show Washington quietly atop his horse with bullets whirring speedily round him. As one critic commented, at times, his horse seems more active than the general himself.) Furthermore, the American flag probably wasn’t flying; while the flay was in existence at this time, it hadn’t been yet adopted by Congress ( and there were many versions ),. Finally, Washington’s boat probably wasn’t filled to capacity; there wouldn’t have been any need for crowding. Boats there were aplenty; it was men who were in short supply.” Historian Ann Hawks Hutton contends that Leutze, a German, painted the picture primarily to stir up Germans. Leutze, she says, hoped that bye celebrating the American Revolution, he could help bring about revolution in Germany, where he painted the picture. He had returned to Germany where he painted many of these pictures where the conservative governments had recently crushed the Revolution of 1848.
http://www.art-prints-and-posters.com/Emanuel-Leutze.html
http://www.nmaa.si.edu/nmaa/images/text/artist_l/leute01x.html
http://www.honors.uiuc.edu/eng255/gallery/romanticism/leutze.html
1749--birthday
of James Peale, American portrait and miniature painter( painted portraits
of George and Martha Washington and General Sir Thomas Shirley)
Died May 24,1831,
Philadelphia, PA. http://www.npg.si.edu/exh/gw/
http://www.butlerart.com/pc_book/pages/attribut.htm
1844-The
first US Telegraph line was formally opened between Baltimore, Maryland
and Washington, D.C. Samuel
F.B. Morse sent the first officially telegraphed words "What hath
God wrought?" from the Capitol Building to Baltimore. Earlier messages had been sent along the historic
line during testing, and one sent May 1, contained the news that Henry
Clay had been nominated as president by the Whig party, from a meeting
in Baltimore. The message reached
Washington one hour prior to a train carrying the same news.
http://memory.loc.gov/ammem/today/may24.html
1862-the
Union Army made use of the new communication device call
the telegraphy. The first use was in the Peninsula campaign,
when a wire several miles long extended from the headquarters of General
George Brinton McClellan near Williamsport, VA, to an advance guard
at Mechancsville, VA, commanded by General George Stoneman, chief of
cavalry in the Army of the Potomac. McClellan was an idiot and had no
idea what he was doing and the telegraph
responding to events,
but laying down wire and waiting for instructions due
to the reliance on
this telegraph invention, cost many Union lives.
The cavalry
once mobile, waited
to hear orders from McClellan, who was out to lunch.
http://www.bufordsboys.com/StonemanBiography.htm
http://www.ngeorgia.com/history/atlcamp.html
1869-the
first exploration of the Grand Canyon of the Colorado by a white man
was made by Major John Wesley Power, above the head of the Colorado
River, emerging on August 29 with five of the nine men who had started
with him. The Grand Canyon had
been observed by Spanish explorers in 1540 and described by the Sitgreaves
expedition in 1851.
1883-
nearly 14 years in construction, the $16 million Brooklyn Bridge over
the East River opened. Designed by John A. Roebling, the steel suspension
bridge has a span of 1,595 feet. http://www.endex.com/gf/buildings/bbridge/bbridgefacts.htm
1889—the Johnstown Flood, actually occurring on May 31st, but this week the Johnstown Flood Museum, Johnston,PA recreates the catastrophe in which 2,209 people died, tens of thousands were left homeless and a prospering city was left a wasteland. The Johnstown Flood” documentary, winner of Best Documentary Short Subject in 1898, will be shown hourly. www.jaha.org
http://www.photolib.noaa.gov/historic/nws/johnstown.html
1893-The
anti-Saloon League was founded by Howard H. Russell at Oberlin, OH.
Efforts in that state were so successful that the Anti-Saloon League
of America was organized in 1895. The League’s permanent home become
Otterbein College at Westerville,OH, in 1909.
The ban on alcohol products, called
There were less deaths
by alcohol recorded
at hospitals, less
drunk drivers, and statistic record a major decline in drinking.
The crime empires
of Al Capone and others in this era were established before
prohibition. Incidentally, there were many country clubs
and night clubs who
had a large legal
supply, as the law was against production and did not apply
to what was already
purchased and stored.
1918-The
Croix de Guerre was award to African-American in the American Army,
Private Henry Johnson, 369th Infantry, 93rd Division,
with the following citation: “Being on double sentry duty at night,
was attacked by twelve Germans. He shot one and seriously wounded two others
with his bayonet. Even though he had been three times sounded at the
beginning of the action by revolver bullets and grenades, he went to
the assistance of his wounded comrade, who was about to be carried off
by the enemy, and continued the combat until the put the Germans to
flight. It was a splendid example of courage and energy.”
1928-In
a game between the Philadelphia Athletics and the New York Yankees,
13 future members of the Baseball Hall of Fame took the field. Ty Cobb,
Tris Speaker, Mickey Cochrane, Al Simmons, Eddie Collins Lefty Grove
and Jimmie Foxx played for the Athletics.
Earle Combs, Leo Durocher, Babe Ruth, Lou Gehrig, Tony Lazzeri
and Waite Hoyt played for the Yankees. In addition, the two managers:
Connie Mack and Miller Huggins, are also Hall of Famers.
1933
-- Jimmie Rodgers, knowing he only has a few days left to live, records
12 of the 24 songs for his last album. "Tea for Texass, Tea for
Thelma, Tea for Ice-Tea, gonna be the death of me..."— Jimmie Rodgers
(1897 - 1933)
http://www.southernmusic.net/jimmierodgers.htm
http://www.eyeneer.com/America/Genre/Folk.bluegrass/Profiles/Rodgers/
1933
Michael White Birthday (Jazz
violinist, often plays
with John Handy, my late father’s favorite modern jazz group,
who he met when they were both teaching at San Francisco State
College).
1935-
the Cincinnati Reds defeated the Philadelphia Phillies by a score of
2—1, as more than 20,000 fans enjoyed the first night baseball game
in the major leagues. The game was played at Crosley Field, Cincinnati,
OH. By the way,
the game was to have
been previously held the night before, but rain cancelled
the event.
1938—birthday
of singer Prince Buster, Kinston, Jamaica http://www.georgwa.demon.co.uk/prince_buster.htm
1941 – birthday of Bob Dylan (Robert Allen Zimmerman) , born Duluth, MN. (Grammy Award-winning singer, songwriter: Gotta Serve Somebody [1980]; Like a Rolling Stone, Lay Lady Lay, Positively 4th Street, Rainy Day Women #12 & 35, Hurricane [Part 1]; actor: Pat Garrett & Billy The Kid, Renaldo and Clara [w/Joan Baez]; inducted into Rock and Roll Hall of Fame [1988]; received Grammy's Lifetime Achievement Award [1991]; 1991 Golden Globe and Academy Award for song "Things Have Changed" from 2000 film "Wonder Boys")
1944-Birthday
of singer Patti LaBell, Philadelphia, PA.
1944---Top
Hits
Long Ago and Far
Away - Helen Forrest & Dick Haymes
San Fernando Valley
- Bing Crosby
I’ll Get By - The
Harry James Orchestra (vocal: Dick Haymes)
Straighten Up and
Fly Right - King Cole Trio
1945-
Food-O-Mat was installed in the Grand Union Company store in Carlstadt,
NF. It was invented by Lansing
Peter Shield. The patented merchandise display fixture operated on a
gravity-fee, rear-load principle. Stockmen working behind the unit placed
cans, jars, and packages on inclined runways with the labels upright
The items reached the shopper with the brand name uppermost. As the
customer picked out an item, another slid in place by gravity.
1950
- ‘Sweetwater’ (Nat) Clifton’s contract was purchased by the New York
Knicks. Sweetwater played for the Harlem Globetrotters. He was the first
African-American player in the NBA.
1952---Top
Hits
Kiss of Fire - Georgia
Gibbs
Blue Tango - The
Leroy Anderson Orchestra
Be Anything - Eddy
Howard
The Wild Side of
Life - Hank Thompson
1953
- A previously unknown actor, Rod Steiger, starred in "Marty"
on the "Goodyear Playhouse". Paddy Chayefsky wrote the original
TV play and then adapted it for the Oscar-winning film http://us.imdb.com/Bio?Steiger,+Rod
1960---Top
Hits
Cathy’s Clown - The
Everly Brothers
Good Timin’ - Jimmy
Jones
Cradle of Love -
Johnny Preston
Please Help Me, I’m
Falling - Hank Locklin
1962-
Aurora 7 Mercury Space Capsule. With this launch Scott Carpenter became the second American to orbit Earth, circling it three times.
1964-The
Beatles' 3rd appearance on Ed Sullivan
1966-
Leontyne Price, world renowned opera singer, opens Metropolitan http://www.afrovoices.com/price.html
http://www.triadntr.net/~rdavis/price.htm
Opera Seasonhttp:
http://www1.opera.it/English/Cantanti/Price.html
1968---Top
Hits
Tighten Up - Archie
Bell & The Drells
Mrs. Robinson - Simon
& Garfunkel
A Beautiful Morning
- The Rascals
I Wanna Live - Glen
Campbell
1969
- The Beatles hit number one with "Get Back". The song was
at the top for over five weeks.
http://web.ukonline.co.uk/rickenbacker/beatleg/Let%20It%20be%20Disaster.htm
http://website.lineone.net/~johnpaulgeorgeringo/book6.htm
1970-New
Musical Express reports the Beatles' "Let it Be" has set a
new record for intial U.S. sales, with 3.7 million advance orders. The
album goes gold within days of its release.
1972-the
method of determining won-lost percentage changed in the NFL.
Tie games, previously not counted in the standings, were made
equal to a half-game won and a half-game lost.
1974
– The last “Dean Martin “ TV show as broadcast. It lasted
nine years with little or no rehearsal time with its star, who ironically
said he was looking forward to not working so hard and going back to
Las Vegas, the town that he loved. He returned to television, hosting
Celebrity Roasts. http://www.deanmartin.net/index/rightframe/09tva/09tva.html
http://www.robertsenslerpresents.com/
1975-For
the second show in a row, the Beach Boys, on tour with Chicago, literally
have the place jumping. The second level at the Oakland Coliseum is
noticeable shaking in footage taken by a local news crew; the concert
the day before at Anaheim Stadium caused the mezzanine to vibrate as
much as eighteen inches.
1976---Top
Hits
Silly Love Songs
- Wings
Love Hangover - Diana
Ross
Fooled Around and
Fell in Love - Elvin Bishop
After All the Good
is Gone - Conway Twitty
1981-Bobby
Unser finished first in the Indianapolis 500, but after the race was
over, the stewards penalized him one lap for passing cars illegally
under the yellow caution flag. The penalty vaulted Mario Andretti into
first place, but Unser, and Roger Penske, owner of Unser’s car, appealed
the stewards’ decision to the United States auto Club. Four months later, USAC ruled that Unser was
guilty but that the punishment was too severe. The lap penalty was replaced
by a $40,000 fine, and Unser recovered the championship.
1982-A
benefit concert for the Vietnam Veterans Project is held in San Francisco's
Moscone Center, where the Jefferson Starship, Grateful Dead, Boz Scaggs
and Country Joe McDonald appear. They raise about $175,000.
1984---Top
Hits
Hello - Lionel Richie
Let’s Hear It for
the Boy - Deniece Williams
Time After Time -
Cyndi Lauper
To All the Girls
I’ve Loved Before - Julio Iglesias & Willie Nelson
1986
– The Montreal Canadiens defeated the Calgary Flames, 4-3, to win the
Stanley Cup, four games to one. For the Canadiens, it was their 23rd
title, putting them one major-league championship ahead of the New York
Yankees and their 22 world Series titles.
Montreal won another Stanley Cup in 1993.
1986
- Whitney Houston’s "Greatest Love of All” climbed to the top and
stayed there for three weeks. http://www.whitney-houston.com/
1988
- Thunderstorms produced severe weather in the southeastern U.S. Thunderstorm
winds gusted to 88 mph at Columbia, NC. Baseball size hail was reported
near Tifton GA.
1990
- Severe thunderstorms spawned two dozen tornadoes from Montana to Oklahoma.
Four tornadoes carved a 109-mile path across central Kansas. The third
of the four tornadoes blew 88 cars of an 125-car train off the track,
stacking them three to four cars high in some cases, and the fourth
tornado caused 3.9 million dollars damage. The third tornado injured
six persons who were trying to escape in vehicles. A woman was "sucked
out" of a truck and said that at one time she was "airborne,
trying to run but my feet wouldn't touch the ground". She also
saw a live deer "flying through the air"
1994---Top
Hits
I Swear- All-4-One
I’ll Remember (From
"With Honors")- Madonna
The Sign- Ace Of
Base
The Most Beautiful
Girl In The World-The Artist
1994-
In a game against Milwaukee, Cal Ripken hits his 300th career home run.
1999---Top
Hits
Livin La Vida Loca-
Ricky Martin
No Scrubs- TLC
Kiss Me- Sixpence
None The Richer
Fortunate- Maxwell
2000 Shawn Estes pitches a seven-hitter and becomes the first
Giants pitcher in 51 years (Monte Kennedy-1949) to hit a grand slam
en route to handing the Expos their worst defeat in franchise history,
18-0. The San Bernardino native just misses joining Tony Cloninger as
the only major league pitcher to hit two slams in a game.
2000-
Mark McGwire becomes the fastest player to hit 20 home runs in one season
reaching the mark in 35 games, six less than Mickey Mantle (1956) and
his own record (1998).
2000-
Sixteen Dodgers' players and three coaches are suspended by the commissioner's
office for going
into the stands during the Wrigley Field scuffle with fans on May 16.
The suspensions totaling 60 games for players and 24 games for coaches
is the harshest penalty ever handed down by major league baseball.
2001
-Cincinnati is shut out as Cubs' starter Jon Lieber one-hits the Reds,
3-0. The span of 208 of games without being blanked establishes a new
National League record with the 1931-33 Yankees (308) and the 1978-79
Milwaukee Brewers (212) being the only teams with longer streaks.
Stanley Cup Champions
This Date
1980 New York Islanders
1986 Montreal Canadiens
1990 Edmonton Oilers
Baseball
Poems
#
1
by Brendan Awerbach
Baseball
is a game, It has a Hall of Fame.
In
Cooperstown, it's there, Getting in is so rare.
Baseball!
Doubleday is the father of the game we know,
Or
is it really so.
Playing
in the late 1800's,
In
front of crowds that were smaller then a hundred.
Baseball
started in a very small way,
People
needed to know how to play.
By
the 1920's after the Black Sox scandal,
Baseball
was changing and people started to get the handle.
The
Yankees of the 30's and 40's started to create quite a sensation,
as
baseball fever gripped the eastern part of the nation.
Ruth,
Gehrig, Cobb, Johnson and Young all became the names of the day,
They
would be the first to be in the Hall of Fame in a great way.
Baseball
from the late 30's to the mid 40's took a back seat to the war,
but
in the late 40's and 50's came back with roar.
A
new generation of players were around,
Led
by Feller, DiMaggio, Williams and Snyder, the stars seemed to abound.
The
60's and 70's gave us more greats,
Koufax,
Yastremski, Mays, Aaron, Mantle and Maris,
Baseball
was known and played from the US to Paris.
As
we entered the 80' and 90's, more stars came around,
Griffey,
Ripken, Mcquire, Jackson, Ryan and Smoltz , all are the players that
will astound.
The
Hall of Fame is where all the greats are enshrined,
To
hear their stories and tales can take a lotta time.
To
understand baseball is not very tough,
And
if you love the game, you can never get enough.
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