Wednesday, October 11, 2023
Today's Leasing News Headlines
The More Chances You Take
The Luckier You Become
Highlights from NEFA Funding Symposium
By Mel Vinson, CLFP
New Hires/Promotions in the Leasing Business
and Related Industries
You Get What you Ask For
By Scott Wheeler, CLFP
Finance and Leasing Industry Ads
Help Wanted
Georgia Becomes First State to Offer
Medical Marijuana at Independent Pharmacies
Financing Cannabis Funding Sources
Many Work with Third Party Originators
27 ELFA Member Employees Receive
Principles of Equipment Leasing & Finance Certificates
Black Labrador Retriever
San Francisco Bay Area Adopt a Dog
News Briefs ---
How the Costs of Car Ownership Add Up
new-car ownership rose to $12,182
Washington Post to Cut 240 Jobs
struggled to grow subscriptions in recent years
Data breach at MGM Resorts expected to cost
casino giant $100 million
Walgreens pharmacy staff walk out,
citing unsafe working conditions
You May Have Missed --
Here’s What We Do and Don’t Know
About the Effects of Remote Work
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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The More Chances You Take
The Luckier You Become
As a good fishing buddy of mine used to always say to me. “Make sure you get all your poles in the water of life and keep those lines tight.” And now I’m passing it on to you.
Daymond John on LinkedIn
CEO of FUBU and the Shark Group, TV Personality
On ABC Shark Tank
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Highlights from NEFA Funding Symposium
By Mel Vinson, CLFP
Last week, the National Equipment Finance Association (NEFA) held the 2023 Funding Symposium in San Antonio, Texas. With nearly 400 equipment finance professionals in attendance, it was an opportunity to connect with brokers, funders, lenders, and service providers throughout the week.
This year’s conference theme was “Lassoing Opportunities for Success”, which not only paired well with the conference location, but the overarching themes within the conference where attendees were encouraged to reevaluate their approaches to both personal and professional aspects of their lives to accomplish goals.
Early on, attendees were introduced to the "4 Cs of an Iconic Mindset," in the keynote address by Calvin Stovall, Chief Experience Officer of ICONIC Presentations LLC. His keynote demonstrated how we can all leverage the 4 C’s (cultivating connections, celebrating innovation, choosing optimism, and committing to curiosity) to build success in both our personal and professional lives. Stovall encouraged NEFA attendees to take calculated risks, even if it meant putting a comma in their life story. “Taking risks not only leads to unforeseen opportunities but also serves as a valuable learning experience, guiding individuals towards new and important paths,” he shared.
In addition to the thought-provoking keynote address, the conference was marked by several standout events including the Texas Tailgate and Charity Poker Tournament, Women in Leasing Luncheon, several educational sessions, and the CLFP Toast.
The conference kicked off on a cheerful note early in the week where attendees came together to support a worthy causes (Proceeds benefiting the Indy Foundation and National Lymphedema Network) demonstrating the industry's commitment to giving back and setting a tone of camaraderie that resonated throughout the conference.
Another highlight was the Women in Leasing luncheon, which is eagerly anticipated by many at each NEFA conference. It consistently provides an opportunity for women in the industry to come together and inspire one another. For many, this is the first event on the conference agenda where to be connected as first-time conference attendee, making the Luncheon an integral part of the conference experience. As always, the luncheon was well-attended, fostering a sense of community and empowerment our NEFA Women.
The core of any industry conference lies in educational content and breakout sessions, and this event provided the opportunity to attend a wide array of educational sessions, including information on the STRIPES Leadership program, Managing the Multigenerational Workforce, AI, and Section 1071. The educational sessions all encouraged dynamic discussions and attendees had the opportunity to deepen their understanding of each respective topic.
Lastly, a memorable moment during the conference was the CLFP Toast, celebrating those NEFA members who have earned their CLFP (Certified Lease & Finance Professional) designation. With nearly 100 CLFPs in attendance (inclusive experience. We are already looking forward to next year!).
It served as a reminder of the industry's commitment to excellence and the desire to continue pursuing knowledge of the leasing industry.
Overall, the conference was a memorable gathering filled with numerous networking opportunities, enriching continued education moments, and positive connections and conversations. Attendees had the chance to expand their professional networks, acquire valuable insights, and engage in uplifting dialogues, making it an incredibly rewarding Empowering Success
To become a NEFA member or to learn more about the Association, please contact the NEFA team at info@nefassociation.org
Mel Vinson, CLFP, VP of Marketing & Development,
CLFP Foundation
(206)- 535-5281)
(866-795-5839)
www.clfpfoundation.org
mel@clfpfoundation.org
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New Hires/Promotions in the Leasing Business
and Related Industries
John Heist, Jr. was hired as Managing Director, Gordon Brothers, Dallas-Fort Worth, Texas. Previously, he was National Syndications Senior Manager Productions and Solutions, Toyota Industries Commercial Finance (March, 2021 - June, 2023); Director of Capital Markets, Equify, LLC (September, 2019 - August, 2020); Vice President, Syndications, Summit Funding Group, Inc. (September, 2011 - September, 2019). Full Bio:
https://www.linkedin.com/in/johnheist/details/experience/
https://www.linkedin.com/in/johnheist/
Katie McCabe, CFA, was appointed Global CEO of CAI International, San Francisco, California. She is located in Boston, Massachusetts. Previously, she was President in United States, President and CEO, Beacon Intermodal Leasing LLC (2016 - January, 2023); Executive VP, Global Assets, Mitsubishi UFG Lease Finance Co. Ltd (2014 - 2016). She joined BTUMU Capital Corporation, 1994, Multiple Business Financing, Investing roles, promoted in 2003, Chief Investment Officer, promoted 2011, Chief Risk Officer. She began her career at GE Capital, Investment Analyst (1990 - 1993).
https://www.linkedin.com/in/kmmccabe/
Andrea Oddy was hired as Regional Sales Manager, RB Global, Burnaby, British Columbia. She is located in Vancouver, British Columbia. Previously, she was at Ritchie Bros. Financial Services, LTD., starting February, 2016 as Account Manager, promoted January 2019, Sales Supervisor, promoted January, 2022, Sales Manager.
https://www.linkedin.com/in/andrea-oddy-57169a10b
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You Get What You Ask For
By Scott Wheeler, CLFP
The commercial equipment finance and leasing industry thrives on high quality assets. Therefore, originators should always be prospecting for the highest quality assets, vendors, and end-users.
- Average originators are satisfied with funding a small portion of a vendor's or end-user's potential business. Top originators ask for more high-quality transactions - and they get what they ask for.
- Average originators are satisfied with being a secondary financial source. Top originators ask what is required to be a primary source for their vendors and end-users. They strive to fulfill those requests - and they get what they ask for.
- Average originators believe that the sales process ends when a deal is funded. Top originators ask for more; they ask for quality referrals - and they get what they ask for.
- Average originators ask for a transaction. Top originators ask for long-term quality relationships - and they get what they ask for.
- Average originators ask for any transaction, even bottom-drawer transactions; and they spend too much of their time chasing transactions with minimal chance of funding. Top originators define their credit criteria and ask for transactions that meet those criteria - and they get what they ask for.
- Average originators ask for the bare minimum of information. Top originators ask the tough questions to build a more meaningful relationship with high-quality partners - and they get what they ask for.
In today's market, average originators are falling behind, and top producing originators are quickly overtaking the competition because they know what they need to be a top producer and they are not afraid to ask for high-quality transactions and relationships
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
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Georgia Becomes First State to Offer
Medical Marijuana at Independent Pharmacies
Georgia is set to make history by becoming the first state in the nation to offer medical marijuana products at independent pharmacies. The Georgia Board of Pharmacy has started accepting applications and around 120 pharmacies have agreed to sell medication from Botanical Sciences, one of the state’s two licensed production companies.
According to the Atlanta Journal-Constitution, approximately 90% of Georgia’s population will have access to a pharmacy selling medical marijuana within a 30-minute drive. This move aims to provide easier access to cannabis-based treatment for patients across the state.
While national drugstore chains like CVS and Walgreens will not be selling the product, this development still represents a significant step forward in making medical marijuana more widely available to those who need it.
Marijuana has shown potential for treating various medical conditions, particularly in the management of pain. It is considered safer and less addictive than uploads, making it a viable alternative for patients. Additionally, it is impossible to overdose on marijuana, as confirmed by Dr. Peter Grinspoon, a primary care physician and cannabis specialist at Massachusetts General Hospital.
Source: Express Healthcare Management
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Financing Cannabis Funding Sources
Many Work with Third Party Originators
Alliance Commercial Capital
Alternative Finance Network
Cannabis Equipment Leasing
International Financial Services (IFS)
NEC Financial Services
Number One Enterprise
Prime Commercial Lending
Slim Capital
Vertical Companies
XS Equipment Leasing Solutions
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##### Press Release ############################
27 ELFA Member Employees Receive
Principles of Equipment Leasing & Finance Certificates
Washington, D.C. – The Equipment Leasing and Finance Association announced that 27 member employees completed its two-day, instructor-led “Principles of Equipment Leasing and Finance” curriculum in September, which culminated in their completing an exam and being awarded certificates of achievement signifying their exposure to and understanding of the basics of equipment leasing and finance. They are:
- Amanda Ash, Corporate Controller, Driver Advantage Equipment Financing, Inc.
- Hunter Barrow, Account Manager, Civista Leasing & Finance
- Darcy Brooks, Senior Marketing Manager, Constellation Financial Software
- Nathan Chilton, Director - Rail Ops, RESIDCO
- Brandon Cooper, Business Development Manager, Constellation Financial Software
- Holly Edwards, Credit Analyst 2, Arvest Equipment Finance
- Justin Garza, Tax Analyst, Wintrust Commercial Finance
- Olivia Glode, Associate, Stonebriar Commercial Finance
- Erica Gorruso, Learning & Development, Equify Financial LLC
- Vanessa Gould, Operations Manager, Huntington Equipment Finance
- Nicole Hitt, Asset Finance Sales Associate, HuntingtonEquipment Finance
- Sylvia Jachimska, Officer, Assistant Controller, Peapack Capital Corporation
- Jenaleigh Lathrop, Equipment Finance Trainer, Arvest Equipment Finance
- Brian Lock, Section Manager - Operations, Huntington Equipment Finance
- Jennifer Manzke, VP, Semiconductor & Technology, Macquarie Corporate and Asset Finance
- Ryan Maroney, Director, Gordon Brothers Equipment Finance
- Therese McEachern, Associate Relationship Manager,Verdant Commercial Capital LLC
- Katrina McGourin, Account Executive, Assurant
- Caleb Norman, Account Executive, Assurant
- Lacey Pena, Client Relations Specialist, Driver AdvantageEquipment Financing, Inc.
- John Perry, Governance, Risk and Compliance, WintrustCommercial Finance
- Angela Polipnick, Operations Manager, Huntington Equipment Finance
- Thomas Schmitt, Assets and Collections Manager, Navistar Financial Corporation
- Stephen Seminack, Executive VP & CFO, ModernGroup Ltd
- Jacob Vetter, Account Manager, Sertant Capital, LLC
- Yovana Weller, Credit Analyst 1, Arvest Equipment Finance
- Noel Zintak, Accounting Specialist, Driver Advantage Equipment Financing, Inc.
The course was led by retired credit executive and long-time ELFA member Kevin P. Prykull, CLFP, Adjunct Professor in Finance at Duquesne University.
The Principles of Equipment Leasing and Finance Workshop are designed to teach the fundamentals of personal property commercial equipment leasing and finance. The program provides participants with a strong foundation on how the equipment finance business works and where their individual responsibilities fit in to the workflow, as well as an opportunity to network with industry colleagues. Attendees earn 19 CPE credits—ELFA is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors.
The next Principles Workshops will take place in 2024 on March 20-22, June 26-28, Nov. 6-8 at ELFA Headquarters in Washington, D.C. ELFA members also have the option to host a Principles Workshop at their own facilities. For more information, please visit https://www.elfaonline.org/POL.
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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Black Labrador Retriever
Sam Francisco Bay Area - Adopt a Dog
Lacey
Female
Four Months Old
Lacey 6 Month Old Black Lab Mix 40 Pounds, Not-Spayed (Lacey will be getting spayed this week.)
Background: Lacey set off the ring camera one night and the owner of the home came out and brought Lacey into his home. He contacted the shelter, went up and down the street and hung posters everywhere and no owner came forward to claim her. He was off to go camping so they loaded up Lacey in the car and took her camping with them. Lacey has been with him for the last 8 weeks when he is not being pulled away from his home for long periods of time and he feels it is best to find Lacey a home that has more time for her. It is a hard decision to make but he knows it is best. (There is a homeless encampment close to his home and the owner thinks maybe Lacey came from this area.)
What Lacey's Current Owner Says: What a sweet girl! Lacey just loves everyone and anything! She gets out for regular walks and play dates with other dogs. She meets many people when she is out as she is just SOOO cute! I have only had Lacey for 8 weeks and she already knows: Sit, Stay, Down, Come, off and fetch! I get her out on walks, hikes and to the beach a few times a week. We play with toys, balls and play fetch each day! She loves to go for car rides, will come when called and loves to play fetch. She walks well on a harness and does not pull. Lacey sleeps on her dog bed in my room with no accidents and when I have to leave her I can crate her or leave her in the backyard. (She may do a little in the yard and may bark some when excited.) I have dogs on both sides of me and she does not bark at them but is excited when they run around. She has met a cat in my yard and did not chase the cat; I feel she would do well in a home with a cat and another dog. Lacey is very friendly and playful with other dogs, and is the more gentle submissive one and loves being chased and loves chasing other dogs.
What Lacey's Rescue Rep Says: We want an adopter that has time for a young dog. Lacey is a wonderful well behaved dog but she is still a puppy. She will not be a large dog; we would say maybe 55 pounds. What we love about Lacey is she has an off button for still being a puppy. When she gets the exercise she will just chill out on her dog bed and watch TV with the owner. The owner has left Lacey up to 6 hours with no issues; not destructive or no accidents. Lacey is one smart girl and wants to work with an owner to make sure she is a good canine citizen.
Medical: Lacey is up to date on her shots, has had a full physical and is a very healthy girl. Lacey will be spayed soon and started on flea and tick and heartworm preventatives.
If you are interested in adopting this smart sweet girl please contact Rescue Rep Liz @ liz@jobshopsf.com
Golden Gate Labrador Retriever Rescue
https://labrescue.org/
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This Day in History
1000 - Norse Explorer Leif Ericson (970-1020) is believed to have landed at ‘Vinland’ in North America, discovering what is to become the United States. Details are lacking but the estimate is that this was in New England, possibly Cape Cod.
http://www.mnc.net/norway/ericson.htm
1007 - The first white child born in North America was Snorro, the son of Thorfinn and Gudrid Karlsefni, members of Leif Ericson's expedition to Vinland. Later Snorro became an important member of the Norse community in Iceland.
1635 - Colonial American Separatist Roger Williams was banished from Massachusetts for preaching that civil government had no right to interfere in religious affairs. Williams was seeking to establish freedom of worship through the separation of church and state. In 1636, he began the colony of Providence Plantation, now Rhode Island, which provided a refuge for religious minorities. Williams started the first Baptist church in America, the First Baptist Church of Providence. Williams was also a student of Native American languages, an early advocate for fair dealings with Native Americans, and arguably the first abolitionist in North America, having organized the first attempt to prohibit slavery in any of the British American colonies.
1701 - The colonial legislature of Connecticut chartered the Collegiate School. Originally based at the house of the first rector in Killingworth, the school moved to New Haven in 1716 and, shortly thereafter, took the name Yale College to honor its early benefactor, merchant Elihu Yale.
http://memory.loc.gov/ammem/today/oct09.html ).
1747 - Colonial missionary to the New England Indians, David Brainerd died of tuberculosis (brought on by exposure) at age 29. Following his death, the publication of "Brainerd's Journal" by Jonathan Edwards influenced hundreds to become missionaries after him.
1767 - Surveying for the Mason-Dixon Line separating Maryland and Pennsylvania was completed.
1776 - Mission Delores was completed at Yerba Buena. A party of 247 Spanish colonists consecrated their newly-founded mission, known as San Francisco. The city grew around the mission and, in 1847, changed its name to San Francisco. Formerly known as Mission San Francisco de Asis, the mission survived the great earthquake and fire of 1906. It is the oldest building in San Francisco. It also has parts of the first church built in San Francisco, Tule Arbor.
http://cohort.csus.edu/riolinda1/missions_movies/mdel/del_menu.htm
http://www.californiamissions.com/morehistory/dolores.html
1779 – One of America’s first heroes, Casimir Pulaski, was wounded during the Siege of Savannah. He succumbed to those wounds months later.
1781 - At Yorktown, Virginia, American and French forces began shelling Gen. Cornwallis’ encircled army.
1812 - American Lieutenant Jesse Duncan Elliot captured two British brigs, the Detroit and Caledonia, on Lake Erie in the War of 1812. Elliot set the brig Detroit ablaze the next day in retaliation for the British capture seven weeks earlier of the city of Detroit.
1823 - Birthday of Mary Ann Shadd (d. 1893), Wilmington, Delaware. Publisher of Canada's first anti-slavery newspaper, "The Provincial Freeman," and the first woman in North America to publish and edit a newspaper.
1830 - Harriet Hosmer (d. 1908) birthday, Watertown, MA. U.S. sculptor. She is best known for the sculpture of the Puck at Smithsonian and the Zenobia at the Metropolitan Museum of Art. She lived most of her life in London or Rome and she is considered the first woman to actually earn an excellent living from her sculptures. Her showings in London were critically acclaimed - until her death. She was recognized as the premier woman sculptor of the times. Then in the usual way for women, her work was denigrated as not deserving a place in the first rank of sculptors. She was the toast of London, living for years under the care of noted actress Charlotte Cushman both in Rome and London. Cushman who had a lengthy history of affairs with women and played 30 masculine roles in her career including Hamlet, took Hosmer to Europe so that she could study. Her statue Beatrice Cenci was her first work in marble.
http://www.npg.si.edu/exh/brady/gallery/25gal.html
http://www.postroadgallery.com/puck.html
http://tx.essortment.com/harriethosmera_rafd.htm
http://askart.com/artist/H/harriet_goodhue_hosmer.asp
1842 - Episcopal missionary James L. Breck was ordained a priest at Duck Creek, WI. In 1850, this "apostle of the wilderness" moved to Minnesota and, in 1858, founded the Seabury Divinity School. It is said that "no priest did more for the Episcopal Church in the West than Breck."
1855 - Joshua Stoddard gets patent for steam calliope. Circus folk pronounce it "kally-ope," not "kuh-LYE-o-pee." At the start of the parade, when the boiler was filled with water, the calliope America weighed nine tons. This spectacular wagon was pulled by eight Percherons.
http://www.bendermelodies.com/calliope_history.htm
http://www.redhotjazz.com/fatem.html
http://mmd.foxtail.com/Calliope/harmony.html
1857 - Joseph C. Gayetty of New York City manufactured toilet paper of unbleached pearl-colored pure manila hemp paper. His name was watermarked on each sheet. It sold at 500 sheets for 50 cents and was known as “Gayetty's Medicated Paper—a perfectly pure article for the toilet and for the prevention of piles.” It did not catch on with the public. The first toilet paper to be marketed successfully was introduced by Edward and Clarence Scott of Philadelphia, PA, who sold it in small rolls in 1899. Son Arthur Scott invented what we call today, “Paper Towels.”
1864 - At dawn, Generals George Custer and Wesley Merritt and their respective forces attacked the two wings of the Confederate cavalry under General Thomas Rosser. General Phillip Sheridan had been using his cavalry, under the command of General Alfred Torbert, to guard the foot soldiers as they burned farms and mills and slaughtered livestock. Torbert refused to allow his generals, George Custer and Wesley Merritt, to counterattack. He insisted they continue to stick close to the Union infantry. Sheridan heard of this and demanded that Torbert attack. Merritt's 3,500 Yankees overwhelmed General Lunsford Lomax's 1,500 troopers, but Custer had more difficulty. His 2,500 men faced 3,000 under the command of Rosser, who was, coincidentally, a close friend of Custer at West Point before the war. Custer observed that the Rebels were protected by the high bank of Tom's Creek, so he sent three of his regiments around Rosser's flank. Both groups of Confederates broke in retreat. The Yankees pursued the defeated Confederates for over 20 miles, a flight called the "Woodstock Races." The chase ended only when the Confederates reached the safety of Confederate General Jubal Early's infantry. The Yankees captured 350 men, 11 artillery pieces, and all of the cavalry's wagons and ambulances. Nine Union troopers were killed, and 48 were wounded. It was the most complete victory of Union cavalry in the eastern theater during the entire war.
http://www2.cr.nps.gov/abpp/battles/va121.htm
http://www.civilwar.org/historyclassroom/hc_tomsbrookhist.htm
http://www.hottelkeller.org/BattleOfTomsBrook.htm
1865 – An underground pipeline for carrying oil is laid in Pennsylvania, the first in the US.
1871 - The Great Chicago Fire was brought under control.
http://memory.loc.gov/ammem/today/oct09.html.
1871 – Aaron Montgomery Ward (1844-1913) started his mail-order business. It was a time when rural consumers longed for the comforts of the city, yet all too often were victimized by monopolists and overcharged by the costs of many middlemen required to bring manufactured products to the countryside. The quality of merchandise also was suspect and the hapless farmer had no recourse in a caveat emptor economy. Ward shaped a plan to buy goods at low cost for cash. By eliminating intermediaries, with their markups and commissions, and drastically cutting selling costs, he could sell goods to people, however remote, at appealing prices. He invited them to send their orders by mail and he delivered the purchases to their nearest railroad station. Although his idea was generally considered to border on lunacy and his first inventory was destroyed by the Great Chicago Fire, Ward persevered. In August 1872, with two fellow employees and a total capital of $1,600, he formed Montgomery Ward & Company.
1873 – A meeting at the US Naval Academy established the US Naval Institute.
1877 - The first animal humane society (national) was the American Humane Association, which was organized in Cleveland, OH. The first president was Edwin Lee Brown of Chicago, IL.
1888 – The Washington Monument was officially opened to the public.
1890 - Aimee Semple McPherson (d. 1944) birthday, Salford, Ontario, Canada. Controversial U.S. Pentecostal evangelist. For the last 20 years of her life, she held sway in a $1.5 million Los Angeles temple, and broadcast the International Church of the Foursquare Gospel. She was wealthy, famous and infamous, adored and hated. She built her appeal around faith healing and unfailing optimism. She used dramatic settings and costumes, a full orchestra, and highly dramatic sermons to mesmerize her audience. Her congregation numbered in the tens of thousands; she had a national broadcast, started a bible college, and churned out magazines eagerly purchased by her followers. Her church had 22,000 members at her death in 1944 and it quadrupled over the next decades. All this in spite of a scandalous private life that included three marriages, mysterious "disappearances" that were rumored to include a men (one proved) - and a raft of legal actions. She was called the "P.T. Barnum of religion.” Actually, she simply used modern music syncopations, lighting, and electricity to augment the bible-thumping style she had learned as a child with the Salvation Army in Canada.
http://www.christianhistory.org/mcpherson.html
http://www.aimeesemplemcpherson.org/
1903 - New York City received its heaviest rainfall with 9.40 inches at Battery Park and 11.17 inches at Central park in 24 hours, which established a state record. Severe flooding occurred in the Passaic Valley of New Jersey where more than fifteen inches of rain was reported.
1903 – Traitor to Brooklyn, Walter O’Malley (d. 1979), was born in The Bronx. In 1958, a time when the western-most Major League team was the Kansas City A’s, as owner of the Dodgers, he brought Major League baseball to the west coast, moving the Dodgers to Los Angeles despite the Dodgers being the 2nd most profitable team in baseball from 1946-1956. For this, he was long vilified by Brooklyn Dodgers fans. However, pro-O'Malley parties describe him as a visionary for the same business action, and many authorities cite him as one of the most influential sportsmen of the 20th century. Other observers say that he was not a visionary, but instead a man who was in the right place at the right time, and regard him as the most powerful and influential owner in baseball after moving the team. Regardless, they still hate him in Brooklyn!
1905 – Christy Mathewson of the New York Giants defeated 26-game winner Ed Walsh, 3-0, in the first game of the all-shutout World Series.
1910 - Forest fires in Minnesota destroy six towns, killing 400 people & destroying $100 million worth of property.
1915 - Singer Lee Wiley (d. 1975) born Fort Gibson, OK. http://www.ddg.com/LIS/InfoDesignF96/Ismael/jazz/1930/wiley.html
1915 – President Woodrow Wilson became the first President to attend a World Series game.
1916 - The recently formed Professional Golfers’ Association of America held it first championship (PGA) at Siwanoy Country Club in Bronxville, NY. The trophy and the lion's share of the $2,850 purse, both offered by department store magnate Rodman Wanamaker, were won by British golfer Jim Barnes. The next two championships were canceled by World War I, Barnes won again in 1919.
1916 - Babe Ruth pitches and wins longest World Series baseball game (14 innings), 2-1. Thus began the longest consecutive scoreless innings streak, 29 2/3, in the World Series, a record that would last until 1961 when Whitey Ford’s streak reached 33 1/3, still the record.
1918 – Watergate co-conspirator E. Howard Hunt (d. 2007) was born in Hamburg, NY.
1919 - Cincinnati Reds defeat Chicago White Sox, 10-5, to win the World Series, five games to three, in an outstanding upset. It is later revealed that eight key Chicago players, subsequently dubbed the "Black Sox," conspired with gamblers to "throw" the series in response to working for one of the cheapest/sleaziest owners in the biz. Shoeless Joe Jackson was one of them. “Eight Men Out” is a loose film history, directed by John Sayles, of the 1919 Chicago Black Sox scandal. The players received a pittance and turned to the only source of financial security they could find, the bookies. Solid performance by John Cusack as the only player who refuses to go along, and a cameo by Studs Terkel.
1920 - Birthday of flute and sax player Yusef Lateef (d. 2013), Chattanooga, TN.
http://www.yuseflateef.com/
1926 – The National Broadcasting Company (NBC) was established by the Radio Corporation of America (RCA). NBC is the oldest major broadcast network in the United States. At that time the parent company of RCA was General Electric (GE). In 1932, GE was forced to sell RCA and NBC as a result of antitrust charges.
1928 – Babe Ruth, for the second time in his career, hit 3 HRs in a World Series game. The Yankees swept this Series, becoming the first team in MLB history to sweep consecutive World Series.
1936 – Count Basie records “Quintet,” first record date with great tenor sax player Lester Young, Chicago, IL.
1936 - Harnessing the power of the mighty Colorado River, Hoover Dam begins sending electricity over transmission lines spanning 266 miles of mountains and deserts to run the lights, radios, and stoves of Los Angeles. Initially named Boulder Dam, work on the dam was begun under President Herbert Hoover's administration but was completed as a public works project during the Roosevelt administration (which renamed it for Hoover). When it was finished in 1935, the towering concrete and steel plug was the tallest dam in the world and a powerful symbol of the new federal dedication to large-scale reclamation projects designed to water the arid West. In fact, the electricity generated deep in the bowels of Hoover Dam was only a secondary benefit. The central reason for the dam was the collection, preservation, and rational distribution of that most precious of all western commodities, water. Under the guidance of the Federal Reclamation Bureau, Hoover Dam became one part of a much larger multipurpose water development project that tamed the wild Colorado River for the use of the growing number of western farmers, ranchers, and city dwellers.
http://www.usbr.gov/lc/hooverdam/
http://www.1-hoover-dam.com/
http://www.sunsetcities.com/hoover-dam.html
1938 - Sweeping the Cubs in four games, the Yankees become the first team in Major League history to win three consecutive World Series. Red Ruffing goes the distance beating Chicago, 8-3, at Yankee Stadium. These were the Yankees of Gehrig, DiMaggio, Dickey, Gomez, and Henrich for Manager Joe McCarthy.
1940 - Singer/composer John Lennon (d. 1980) birthday in Liverpool, England.
http://www.john-lennon.com/
1941 - FOSS, JOSEPH JACOB, Medal of Honor.
Rank and organization: Captain, U.S. Marine Corps Reserve, Marine Fighting Squadron 121, 1st Marine Aircraft Wing. Place and date: Over Guadalcanal, 9 October to 19 November 1942, 15 and 23 January 1943. Entered service at: South Dakota. Born: 17 April 1 915, Sioux Falls, S. Dak. Citation: For outstanding heroism and courage above and beyond the call of duty as executive officer of Marine Fighting Squadron 121, 1st Marine Aircraft Wing, at Guadalcanal. Engaging in almost daily combat with the enemy from 9 October to 19 November 1942, Capt. Foss personally shot down 23 Japanese planes and damaged others so severely that their destruction was extremely probable. In addition, during this period, he successfully led a large number of escort missions, skillfully covering reconnaissance, bombing, and photographic planes as well as surface craft. On 15 January 1943, he added 3 more enemy planes to his already brilliant successes for a record of aerial combat achievement unsurpassed in this war. Boldly searching out an approaching enemy force on 25 January, Capt. Foss led his 8 F -4F Marine planes and 4 Army P -38's into action and, undaunted by tremendously superior numbers, intercepted and struck with such force that 4 Japanese fighters were shot down and the bombers were turned back without releasing a single bomb. His remarkable flying skill, inspiring leadership, and indomitable fighting spirit were distinctive factors in the defense of strategic American positions on Guadalcanal. Foss was later elected to be the first Commissioner of the American Football League in 1959.
1942 - The last day of the October Matanikau action on Guadalcanal as US Marines withdraw back across the Matanikau River after destroying most of the Japanese Army’s 4th Infantry Regiment.
1944 - KANDLE, VICTOR L., Medal of Honor
Rank and organization: First Lieutenant, U.S. Army, 15th Infantry, 3d Infantry Division. Place and date: Near La Forge, France, 9 October 1944. Entered service at: Redwood City, Calif. Birth: Roy, Wash. G.O. No.: 37, 11 May 1945. Citation: For conspicuous gallantry and intrepidity at risk of his life above and beyond the call of duty. On 9 October 1944, at about noon, near La Forge, France, 1st Lt. Kandle, while leading a reconnaissance patrol into enemy territory, engaged in a duel at pointblank range with a German field officer and killed him. Having already taken 5 enemy prisoners that morning, he led a skeleton platoon of 16 men, reinforced with a light machinegun squad, through fog and over precipitous mountain terrain to fall on the rear of a German quarry stronghold which had checked the advance of an infantry battalion for 2 days. Rushing forward, several yards ahead of his assault elements, 1st Lt. Kandle fought his way into the heart of the enemy strongpoint, and, by his boldness and audacity, forced the Germans to surrender. Harassed by machinegun fire from a position which he had bypassed in the dense fog, he moved to within 15 yards of the enemy, killed a German machine gunner with accurate rifle fire and led his men in the destruction of another machinegun crew and its rifle security elements. Finally, he led his small force against a fortified house held by 2 German officers and 30 enlisted men. After establishing a base of fire, he rushed forward alone through an open clearing in full view of the enemy, smashed through a barricaded door, and forced all 32 Germans to surrender. His intrepidity and bold leadership resulted in the capture or killing of 3 enemy officers and 54 enlisted men, the destruction of 3 enemy strongpoints, and the seizure of enemy positions which had halted a battalion attack.
1945 – A ticker-tape parade in NYC honored Fleet Adm. Chester Nimitz and 13 Medal of Honor recipients from the Navy and Marines.
1946 - The first electric blanket manufactured; sold for $39.50
1946 - Eugene O'Neill's "Iceman Cometh," premiered in New York City.
1948 - The first African-American baseball player to hit a home run in a World Series was Larry Doby of the Cleveland Indians, who hit a 425-foot drive in the third inning into right field at Cleveland, OH. Cleveland defeated the Boston Braves, 4-2.
1950 - YOUNG, ROBERT H., Medal of Honor.
Rank and organization: Private First Class, U.S. Army, Company E, 8th Cavalry Regiment, 1st Cavalry Division. Place and date: North of Kaesong, Korea, 9 October 1950. Entered service at: Vallejo, Calif. Born: 4 March 1929, Oroville. Calif. G.O. No.: 65, 2 August 1951. Citation: Pfc. Young distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action. His company, spearheading a battalion drive deep in enemy territory, suddenly came under a devastating barrage of enemy mortar and automatic weapons crossfire which inflicted heavy casualties among his comrades and wounded him in the face and shoulder. Refusing to be evacuated, Pfc. Young remained in position and continued to fire at the enemy until wounded a second time. As he awaited first aid near the company command post the enemy attempted an enveloping movement. Disregarding medical treatment he took an exposed position and firing with deadly accuracy killed 5 of the enemy. During this action he was again hit by hostile fire which knocked him to the ground and destroyed his helmet. Later when supporting tanks moved forward, Pfc. Young, his wounds still unattended, directed tank fire which destroyed 3 enemy gun positions and enabled the company to advance. Wounded again by an enemy mortar burst, and while aiding several of his injured comrades, he demanded that all others be evacuated first. Throughout the course of this action the leadership and combative instinct displayed by Pfc. Young exerted a profound influence on the conduct of the company. His aggressive example affected the whole course of the action and was responsible for its success. Pfc. Young's dauntless courage and intrepidity reflect the highest credit upon himself and uphold the esteemed traditions of the U.S. Army.
1951 - Gil McDougald's World Series grand slam helps Yanks beat Giants 13-1 (World Series #48). This Series marked the curtain call for Joe DiMaggio, who retired that winter, and the Series debuts of Mickey Mantle and Willie Mays.
1952 - Singer Annie Ross records “Twisted.”
http://www.ddg.com/LIS/InfoDesignF96/Ismael/jazz/1960/Ross.html
http://www.mrlucky.com/songbirds/html/sep99/9909_aross.html
1953 - ”Topper” premieres on television. In this sitcom, a man moves into a new home with his wife, only to discover that it's haunted by ghosts only he can see. Leo G.Carroll starred as Cosmo Topper and Anne Jeffreys and Robert Sterling starred as Marion and George Kerby, who had been killed in a skiing accident and returned to their former home as ghosts. The show was based on Thorne Smith's novel and used trick photography for some of the ghost scenes. Composer and lyricist Stephen Sondheim wrote eleven episodes for that first season.
1953 - Birthday of actor Tony Shalhoub, born Green Bay, Wisconsin; “Monk,” “Wings, “Big Night.”
1954 - Birthday of actor Scott Bakula, St. Louis, Mo. “Star Trek Enterprise,” “Quantum Leap,” “NCIS: New Orleans.”
1956 - Smith-Corona, Syracuse, NY, introduced the first electric portable typewriter. It did not go on sale until February 4, 1957. It weighed about 19 pounds and retailed at $190.
1957 - Top Hits
“Wake Up Little Susie” - The Everly Brothers
“Chances Are/The Twelfth of Never” - Johnny Mathis
“Jailhouse Rock” - Elvis Presley
“My Shoes Keep Walking Back to You” - Ray Price
1958 - Eddie Cochran records "C'mon Everybody.
1959 - At the age of 22, Bobby Darin is the youngest performer to headline at the Sands Hotel's Copa Room in Las Vegas. The previous record-holder, Johnny Mathis, did at 23.
1961 - "Hit the Road Jack" becomes Ray Charles' second US #1 hit.
1961 - Roy Orbison's "Crying" peaks at #2 on the pop singles chart.
1962 - The BBC banned Bobby "Boris" Pickett's hit "Monster Mash," feeling the subject matter, comical as it is, may be deemed grotesque or otherwise tasteless to some listeners.
1964 - The Beach Boys record "Dance Dance Dance," with Glen Campbell playing the lead guitar intro. It would go on to become their twelfth US Top 40 hit.
1964 - The Rolling Stones canceled an upcoming South African tour when the British Musicians Union declared an embargo of the country due to their apartheid policies.
1965 - The Miracles' "My Girl Has Gone" enters the Hot 100 where it will go as high as #14 in ten weeks. It's the Motown vocal group's 20th pop chart entry.
1965 - Marvin Gaye's "Ain't That Peculiar" becomes his 12th to enter the Hot 100. The song will stay on the chart for twelve weeks, reaching as high as #8.
1965 - Radio DJ Murray the K is fired from WOR-FM, New York where he had moved to take advantage of the new free-form format of FM radio. The station's new owners decided to move to a set playlist instead and led to his dismissal because of his "inability to live with direction." The direction was coming from programming consultant and format-radio pioneer Bill Drake. At the RKO General station KFRC in San Francisco where I worked, Drake came in and fired everyone on air and in the newsroom, except me. I gave him high school football coverage, other ideas, news stories for his audience, and he wanted me to go to his other stations, but I said "not at this time,” and survived until his format failed, too.
1965 - Top Hits
“Yesterday” - The Beatles
“Treat Her Right” - Roy Head
“The ‘In’ Crowd” - Ramsey Lewis Trio
“Behind the Tear” - Sonny James
1965 - "Yesterday" by The Beatles, topped both the Billboard Hot 100 and the Cashbox Magazine Best Sellers chart. The song was actually recorded by Paul McCartney alone, as John Lennon, George Harrison and Ringo Starr were not in the studio. It would stay number #1 for four weeks.
1966 - Happening just only three times previously in World Series history, the Orioles, for the second consecutive day, win a Fall Classic game, 1-0 game decided a home run. Frank Robinson takes a Don Drysdale pitch deep over the left field fence in the fourth inning, accounting for the game's only run, and giving Baltimore a four-game sweep over the Dodgers.
1967 - Coming out of the NBC Tonight Show Orchestra to become musical director of "The Tonight Show Starring Johnny Carson," Doc Severinsen replaced Skitch Henderson who retired. Doc became famous for an eccentric wardrobe, quick wit, great trumpet solos and fabulous charts. Tommy Newsome became Doc's backup arranger for many of the tunes the band played. Later, Doc and the band would move to solo albums, group CDs and incredibly successful concert tours. Doc went on to play with various symphony orchestras and even became the owner of a custom trumpet company in the San Francisco Bay Area.
1969 - Crosby, Stills, Nash and Young opened at Fillmore West, San Francisco.
1969 - Supremes release "Someday We'll Be Together"
1971 - Rod Stewart has the best-selling record on both sides of the Atlantic with the two sided hit "Maggie May" / "Reason To Believe".
1971 - Van Morrison's "Wild Night" is released.
1973 - Elvis and Priscilla Presley divorce after six years of marriage. She gets a big chunk of property; $725,000 and an additional $4,200 a month for the support of their five-year old daughter, Lisa Marie; half the proceeds from the planned sale of an L.A. home; and five percent of the total outstanding stock in two publishing companies. The couple emerges from a Santa Monica, California courthouse arm in arm, kiss and depart separately.
1973 - Paul Simon received a gold record for his hit, "Loves Me like a Rock."
1974 - Olivia Newton John earns her third gold record for "I Honestly Love You." It made it to the top spot on the pop chart four days ago and will remain for two weeks.
1974 - Composer, arranger and producer Quincy Jones, who has already taken home some Grammy awards, gets his first gold record for "Body Heat" which contains the hit single, "If I ever Lose This Heaven." It is sung by Minnie Ripperton.
1975 - Sean Lennon is born.
1976 - The Who and The Grateful Dead co-headline a concert at the Oakland-Alameda County Stadium.
1979 - Styx's "Babe" is born.
1979 - No. 1 Billboard Pop Hit: "Don't Stop 'Til You Get Enough," Michael Jackson.
1980 - John Lennon celebrates his 40th birthday by releasing "Starting Over," his first record in five years. His wife, Yoko Ono commissions a sky writer to etch him a "Happy Birthday" message over New York City's skyline.
1980 - Nashville, TN reached 91, highest ever for so late in the season. Just 3 days earlier, a low of 31 was reported, lowest ever so early in the season.
1981 - The temperature at San Juan, Puerto Rico, soared to 98 degrees to establish an all-time record for that location.
1982 - A record breaking snowstorm for so early in the season paralyzed the Black Hills of South Dakota with up to 3 to 6 feet of heavy, wet snow and winds of 40-70 mph. 36 inches fell at Lead and 41 inches piled up at Galena.
1984 - Kathy Sullivan becomes first US woman to walk in space.
1984 - No. 1 Billboard Pop Hit: "I Just Called to Say I Love You," Stevie Wonder. The song from the Gene Wilder film "The Woman in Red" wins an Academy Award.
1986 - Phantom of Opera makes its theatrical debut. The musical, written by Andrew Lloyd Webber and Richard Stilgoe, opened at Her Majesty's Theatre in London’s West End. The musical is the longest running show on New York’s Broadway.
1987 - Eighteen cities in the southeastern U.S. and the Middle Atlantic Coast Region reported record low temperatures for the date. Asheville, NC dipped to 29 degrees, and the record low of 47 degrees at Jacksonville, FL marked their fourth of the month. A second surge of cold air brought light snow to the Northern Plains, particularly the Black Hills of South Dakota.
1988 - Ten cities in the northeastern U.S. reported record low temperatures for the date, including Hartford, CT with a reading of 28 degrees. Snow continued in northern New England through the morning hours. Mount Washington, NH reported five inches of snow. Warm weather continued in the western U.S. Los Angeles, CA reported a record high of 102 degrees.
1989 - Unseasonably cold weather continued in the Upper Midwest. Thirteen cities in Ohio, Michigan and Indiana reported record low temperatures for the date, including Marquette, MI with a reading of 20 degrees. Unseasonably warm weather continued in the western U.S. as the San Francisco Giants won the National League pennant. San Jose, CA reported a record high of 91 degrees.
1989 - First NFL game coached by an African-American, Art Shell, whose LA Raiders beat NY Jets 14-7 on Monday Night Football.
1991 - The United States sent troops and warships to the Persian Gulf in response to Saddam Hussein sending thousands of troops and hundreds of tanks toward the Kuwaiti border.
1996 - The most highly regarded example of Pop Art, Andy Warhol's “Campbell Soup Cans,” was acquired by the Museum of Modern Art in New York City, along with early paintings by Ellsworth Kelly. The works were valued at about $15,000,000, one of the highest prices ever listed for contemporary art.
1996 - In Game 1 of the ALCS, the Yankees received help from a young fan when 12-year-old Jeffrey Maier reached out and grabbed a ball hit by Derek Jeter that was about to be caught by Orioles’ right fielder Tony Tarasco. It was ruled a HR and tied the game in the bottom of the 8th. Bernie Williams hit a home run in the 11th inning to give the Yanks a 5-4 victory.
2001 - Second mailing of anthrax letters from the Hamilton, NJ post office in the anthrax aftermath of 9/11.
2005 - At Minute Maid Park, Chris Burke' 18th inning homer ends the longest postseason game in baseball history as the Astros defeat the Braves, 7-6, to advance into the National League championship series. Atlanta's five-run lead late in the game is erased with an eighth inning grand slam by Lance Berkman and a two-out ninth inning solo shot by Brad Ausmus, which barely clears Gold Glove center fielder Andruw Jones’ outstretched hand.
World Series Champions
1928 - New York Yankees
1934 - St. Louis Cardinals
1938 - New York Yankees
1944 - St. Louis Cardinals
1949 - New York Yankees
1958 - New York Yankees
1961 - New York Yankees
1966 - Baltimore Orioles
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