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Monday, September 13, 2021

Today's Leasing News Headlines

September 11, 2001 News Edition
    Includes Reaction from Readers Chronologically
The Top Eight Leasing/Finance Company Websites
    in North America
Leasing Industry Ads
    Growing Our Senior Sales Team Now!
Data and how it is used matters.
    Are you tracking the correct matrices?
Top Ten Leasing News
    September 7 to September 9
Flood Loss in Northeast Tops $16 Billion
    Hurricane Ida Estimated Loss $16 Billion to $24 Billion
A Typical Hurricane Season Illustration
    in the Atlantic Basin
Home Prices Hit 45-Year High
    MReport
Leasing/Finance/Business Loan Schools
    Several Have Many Long Term Programs
Looking for Feedback on CFI
    School Out of Vancouver, BC and New York, New York
Border Collie & Husky Mix
    West Bloomfield, Michigan
National Alliance of Commercial Loan Brokers Conference
    October 26th - 28th, 2021, Caesars Palace, Las Vegas, NV
Monica Harper Interview Vlog
    Executive Director AACFB
News Briefs---
Facebook Enters the Invoice Factoring Arena and More
    www.deBanked and how-it-works
Unvaccinated people were 11 times more likely
    to die of COVID-19, CDC report finds
A Nick to Apple’s Profits Could Be
    a Windfall for App Developers

You May have Missed---
George W. Bush calls on Americans to confront
   domestic violent extremists on 9/11 anniversary


Broker/Funder/Industry Lists
| Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device

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

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.





[headlines]
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September 11, 2001 News Edition
Chronologically Includes Reaction from Readers

http://two.leasingnews.org/archives/September01/9-11-01.htm


[headlines]
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The Top Eight Leasing/Finance Company Websites
in North America

Alexa Rank is a rank (number) used to measure the popularity of a website among millions of other websites on Internet. For example, a website with a rank of 1 means it is the most popular website on Internet (i.e. google.com) and is on the first position of the Alexa global rank.

Basically the three month all internet Alexa ratings followed the Saturday, September 12, 2021 US Alexa ratings. Previous ratings were May 24, 2021 (1)

The top eight leasing/finance companies were taken from three-month Siteworthtraffic.com ratings (2). They were chosen from the Leasing News Funder List and originally, over 100 were checked for ratings under 1,000 (3). Note: many leasing companies are listed under their bank URLs.

If your company has less than a 1,000 rating, please email kitmenkin@leasingnews.org to be included in the next Leasing/Finance Company listing.

Changes in list, National Funding is now number one, followed by the long time previous top site, Balboa Capital. Ascentium Capital moves up to number three, Crestmark moves up to number four, Marlin Capital stays in fifth position.  TimePayment falls to six.  Leaf stays in 7. Financial Pacific goes off the list, going from four months ago at 694,457 to 3,615,994. GreatAmerica joins the list,


https://www.nationalfunding.com/
96,723
123,597 previous


www.balboacapital.com
135,371
103,073 previous


www.AscentiumCapital.com
229,734
178,212 previous


www.crestcapital.com
267,398
307,120 previous


https://marlincapitalsolutions.com/
293,566
243,167 previous


https://timepayment.com/brokers/

398,437
192,720 previous


https://www.leafnow.com/
634,144
693,092 previous


https://www.greatamerica.com
720,254

 

(1) May 2021 rankings:
https://leasingnews.org/archives/May2021/05_24.htm#sites
(2) http://www.siteworthtraffic.com/
(3) Funder List "A"
http://leasingnews.org/Funders_Only/Funders.htm


 

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Help Wanted Ads





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Data and how it is used matters
Are you tracking the correct matrices?


By Scott Wheeler, CLFP

Data and Efficiencies are the driving forces behind well-run commercial equipment finance and leasing operations. Do you have "real time" data and are you using that data effectively to make the best decisions? The following are few examples of requirements for top producers and managerial teams:

  • Accurate month-end financial, sales, collection, and credit reports are available within hours of closing (not days or weeks). Management teams must have this information at the click of a button to properly react to positive and negative trends.
  • Portfolio performance reports based upon multiple matrices (i.e., equipment, industry, territory, vendors, term, etc.). This information should be readily available to originators to help direct their solicitation efforts.
  • Ranking reports reflecting profitability in different sectors based upon static pools of assets.
  • Approval ratios and funding ratios based upon origination sources (i.e., vendors, brokers, internal sales reps, etc.).
  • Trends and activity reports on top relationships.
  • Comparison reports based upon annual budgets and individual business plans.
  • Progress on priority initiatives.

Some companies believe data is strictly to be used by the top management. However, top performing companies routinely share their monthly information with staff members to help them better understand their personal impact and importance.
The value of a company is significantly increased when it can produce relevant data and disseminate the data to those who can use the data effectively to grow production and bottom-line profits. Data is powerful in the right hands. Data allows credit professionals to make better credit decisions. Data allows sales professionals to solicit stronger relationships which align with a company's goals and objectives.

In the past, commercial equipment finance and leasing companies were antiquated in developing and using data. Most companies tracked a dozen or less matrices and often had results that were outdated when delivered to the management team. Data was a rear-view perspective of what had happened. In 2021, data is being generated in real time. Companies are tracking dozens of different matrices and using the data to predict future outcomes, the data is being used proactively to manage teams and to stay ahead of competition. More importantly, companies are providing information to their staff to better perform at every stage of the process.

Data is essential in buying or selling a company. A seller must be able to provide meaningful data over several years and to present how data was used to substantiate the company's current position in the commercial equipment finance and leasing industry. The seller should be able to use its current data to project future performance under its current ownership and how performance will be altered based upon the buyer's expectations. Buyers are interested in the data supplied; however, valuations can be significantly increased when a seller can also show the process by which its management team uses "real-time" data to influence the company's actions effectively and efficiently.

Data and how it is used matters.
Are you tracking the correct matrices?

Scott A. Wheeler, CLFP
Wheeler Business Consulting
Comments, questions and suggestions are welcome.
Phone: 410-877-0428
email: scott@wheelerbusinessconsulting.com

Wheeler Business Consulting works with banks, independents, captives, origination companies, and investors in the equipment leasing and finance arena. We provide training, strategic planning, and acquisition services. Scott Wheeler is available to discuss your long-term strategy, to assist your staff to maximize outcomes, and to better position your org anization in the market.



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Top Ten Leasing News
September 7 to September 9

(Top stories opened by readers)

(1) Complete License and Registration United States
By Kenneth C. Greene, Attorney
https://leasingnews.org/archives/Sep2021/09_07.htm#complete

(2) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Sep2021/09_09.htm#hires

(3) Four Types of Interim Rent
By Christopher Menkin
https://leasingnews.org/archives/Sep2021/09_07.htm#four

(4) Fair Market Value in True or Capital Leases
What is It?
https://leasingnews.org/archives/Sep2021/09_07.htm#fair

(5) Financing Home Cooked Meals for Delivery Grows
Utah Now Second State But with Liberal Requirements
https://leasingnews.org/archives/Sep2021/09_09.htm#cooked

(6) World’s richest CEOs and the cars they drive
By Maria Gourtsilidou
https://ceoworld.biz/2021/09/07/worlds-richest-ceos-and-the-cars-they-drive/

(7) Moving Up: Selling into the Middle Market
Sales Makes it Happen by Robert Teichman, CLFP
https://leasingnews.org/archives/Sep2021/09_07.htm#moving

(8) Fast Turnaround Time
By Steve Chriest
https://leasingnews.org/archives/Sep2021/09_09.htm#fast

(9) Where Are Older and Younger Americans Settling?  
"Largest metropolitan areas homeowners and renters"
https://themreport.com/daily-dose/09-03-2021/where-are-older-and-younger-americans-settling

(10) 2021 Cindy Spurdle Award of Excellence Recipient,
Kevin Prykull Announced During CLFP Day
https://leasingnews.org/archives/Sep2021/09_07.htm#clfp



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Flood Loss in Northeast Tops $16 Billion
Hurricane Ida Estimated Loss $16 Billion to $24 Billion

Hurricane Ida hit the central Louisiana shore August 26, triggered disastrous rainfall and flooding throughout the northeast, and left billions of dollars’ worth of property damages in her wake. The real estate data analysts at CoreLogic predict, and track in real time, storm-related loss estimates. The company's latest report, specifically covering damage in the U.S. Northeast, shows Ida, subsequently downgraded to a tropical storm, caused an estimated $16 billion to $24 billion in insured and uninsured inland flood losses to residential and commercial properties. CoreLogic initially estimated total Ida damages at $27-$40 billion, in a report published last week.

CoreLogic's most recent data reveals $5-$8 billion worth of flood loss to insured properties, while uninsured flood loss for the northeast area is estimated to be between $11 billion and $16 billion—90% in Pennsylvania, New Jersey, New York, Connecticut, and Massachusetts.

The prevalence of below-ground property in both commercial and residential properties in the northeast makes for more-severe interior damages than coastal cities might see, says Shelly Yerkes, Senior Leader, Insurance Solutions at CoreLogic.

“For example, many of the heating, ventilation and air conditioning systems in New York City buildings are in the basements, so contents damage should be substantial.”

Source: DSnews.com

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Home Prices Hit 45-Year High
MReport

Record high home prices compounded with a shortage of available units have caused home prices to shoot up 18% on average across the nation. 


Frank Martell, President and CEO of CoreLogic, said, “Home price appreciation continues to escalate as millennials entering their prime home buying years, renters looking to escape skyrocketing rents and deep pocketed investors drive demand.

“On the supply side, it is also the result of chronic under building, especially of affordable stock. This lack of supply is unlikely to be resolved over the next 5 to 10 years without more aggressive incentives for builders to add new units.” 

At the state level, every state saw home prices appreciate but states in the West were found to have the strongest figures. 

Idaho appreciated 33.6% year over year in July followed by Arizona with 28.4%. At the low end, Washington, D.C., saw home prices increase 5.9%, and home prices in North Dakota increased 6.1.

“Home price appreciation continues to escalate as millennials entering their prime home buying years, renters looking to escape skyrocketing rents and deep pocketed investors drive demand,”  Martel commented. “On the supply side, it is also the result of chronic under building, especially of affordable stock. This lack of supply is unlikely to be resolved over the next 5 to 10 years without more aggressive incentives for builders to add new units.” 

Source: MReport.com



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Leasing/Finance/Business Loan Schools
   Several Have Many Long Term Programs

Commercial Capital Training Group
Commercial Finance Academy
Equipment Broker School
Global Leasing
Wheeler Leasing School

https://leasingnews.org/Conscious-Top%20Stories/School-Franchisors.htm

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Looking for Feedback on CFI
School Out of Vancouver, BC and New York, New York

Learn Types of Financial Model/Corporate Finance Institute
https://corporatefinanceinstitute.com/certifications/financial-modeling-valuation-analyst-fmva-program/


Kitmenkin@leasingnews.org

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Border Collie & Husky Mix
West Bloomfield, Michigan


Princess 0115

Female
Six Years (almost seven
Born January, 2015)
Brown/Chocolate, White, Cream
Short Coat Length
Good in a Home with Children
Prefers home without other dogs, cats

Princess is looking for a new home.
Here is some information about her from her owner:
Princess is an extremely loving, emotional dog and she loves to cuddle (under the blankets if you let her). She wants to be close to you and involved with whatever you’re doing. If you hide treats in a room and tell her to “find it”, she’ll find all the treats. She knows how to shake hands/lay down/sit/stay/wait. If you tell her to take a little bite; she will bite the food really slowly. That one always makes me laugh! She loves to play fetch and run like crazy. She likes to play tag with you but good luck catching her. She may be almost 7 but she is an athlete.
She is good with kids.
She is currently let out often, but is housetrained.
She is friends with the current dog in the house, but would be better off in a home without other animals because she can be aggressive with unfamiliar dogs. She is a great escape artist from the yard and needs a secure and fenced yard due to her reactivity to unfamiliar dogs.

If you think she sounds like a good match for you, please apply to adopt her and we will set up a meet and greet.

The adoption fee includes age-appropriate vaccinations, heartworm test, spay/neuter and microchip!

Please click on the link for our:
Online Adoption Application: https://paawarren.org/adopt/adoption-application-form/
Adoption Info: https://paawarren.org/adopt/adoption-fees/
Website and other info: https://paawarren.org/

PAAW-Pet Adoption
Alternative Warren
West Bloomfield, Michigan

PetAdoptionAlternative@gmail.com
(586) 825-3350
www.paawarren.org
https://www.facebook.com/PAAWarren?


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National Alliance of Commercial Loan Brokers Conference
October 26th - 28th, 2021, Caesars Palace, Las Vegas, NV

 
Don't miss your opportunity to experience the only conference in the nation where commercial loan brokers and lenders converge over three days to gain valuable and profitable relationships.

Founded by industry leader Kris Roglieri, the NACLB was created to serve the growing industry of commercial loan and mortgage brokers. It is dedicated to serving the commercial loan and mortgage broker community and the banks and lenders who rely on brokers for deal flow. The NACLB aims to educate the industry's professionals on best practices and the ever-changing landscape in the commercial finance industry.

Last year, there were over $53 million in terms sheets generated by the lenders that sponsored the NACLB. Attending is an opportunity to meet the top lenders and service providers that cater to the brokerage community.

This year there are at least 900 commercial loan brokers expected to attend.

We are the nation’s only conference that brings together commercial lenders and commercial loan brokers. These professional loan brokers are responsible for over a billion dollars in funding. 2019’s event had over 900 brokers that attended and this year’s attendance is expected to bring many more.

Aside from custom breakout sessions with industry leaders, networking sessions, and marketing seminars --- we'll be celebrating with cocktail events AND a poker tournament hosted by various sponsors to this year's NACLB Conference and Expo.

Broker Attendee
Early Bird Pricing - $499
(Discount ends on September 30th, 2021)
Regular Pricing - $799
Additional Attendee - $199

Lender Attendee
Event Pass Only - $799
Additional Attendee - $399

Service Provider Attendee
Event Pass Only - $950
Additional Attendee - $450

Register:
https://www.naclb.org/registration-2021/

Caesars Palace Rates
https://book.passkey.com/gt/218108301?gtid=5bba483e0f70e7b718e2875bed87278b

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Monica Harper Interview Vlog
Executive Director AACFB

"In this episode we interview Monica Harper, the Executive Director of the American Association of Commercial Finance Brokers. Monica shares the history of the AACFB.

Thanks again for being on the vlog, Monica!"


[headlines]
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News Briefs---

Facebook Enters the Invoice Factoring Arena and More
   ( https://www.connect2capital.com/business-loans/how-it-works/ )
https://debanked.com/2021/09/facebook-enters-the-invoice-factoring-arena-and-more/

Unvaccinated people were 11 times more likely
to die of COVID-19, CDC report finds
https://www.washingtonpost.com/health/oderna-most-effective-covid-vaccine-studies/

A Nick to Apple’s Profits Could Be
a Windfall for App Developers
https://www.nytimes.com/2021/09/11/technology/apple-ruling-app-developers.html

 


 

[headlines]
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You May Have Missed---

George W. Bush calls on Americans to confront
    domestic violent extremists on 9/11 anniversary
https://www.cnn.com/2021/09/11/politics/george-w-bush-9-11-speech-domestic-violent-extremism/index.html 


[headlines]

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Sports Briefs---

Daniil Medvedev wins U.S. Open title,
    thwarting Novak Djokovic’s bid at history
https://www.latimes.com/sports/story/2021-09-12/daniil-medvedev-defeats-novak-djokovic-us-open-singles-title?utm_id=37518&sfmc_id=1646692

SF Giants’ magic number for playoff berth down
to one, win streak hits seven with sweep of Cubs
https://www.mercurynews.com/2021/09/12/sf-giants-magic-number-for-playoff-berth-down-to-one-win-streak-hits-seven-with-sweep-of-cubs/

49ers QB Trey Lance throws first career TD pass against Lions
https://www.theredzone.org/Blog-Description/EntryId/17652/49ers-QB-Trey-Lance-throws-first-career-TD-pass-against-Lions

49ers' Kyle Shanahan says adding Richard Sherman
to team is 'always a possibility'
https://www.sfgate.com/49ers/article/Niners-Kyle-Shanahan-says-bringing-Richard-16453345.php

The Farrell Awards: Oregon, Iowa
emerging as CFB Playoff contenders
https://n.rivals.com/news/the-farrell-awards-oregon-iowa-emerging-as-cfb-playoff-contenders

49ers 41, Lions 33: Top takeaways as Garoppolo,
Samuel, pass defense key season opener
https://www.eastbaytimes.com/2021/09/12/49ers-41-lions-33-top-takeaways-as-garoppolo-samuel-pass-defense-key-season-opener/

Arenado delivers again as Cardinals inch closer
in playoff chase with 2-0 win over Reds
https://www.stltoday.com/sports/baseball/professional/arenado-delivers-again-as-cardinals-inch-closer-in-playoff-chase-with-2-0-win-over/article_e414dbe4-35be-52e5-a902-13d42801f64c.html#tracking-source=home-the-latest

Leury Garcia’s walkoff home run lifts
White Sox over Red Sox
https://www.bostonglobe.com/2021/09/12/sports/leury-garcias-walkoff-home-run-lifts-white-sox-over-red-sox/

Bills' Super Bowl hopes get early check
with letdown against Steelers
https://www.usatoday.com/story/sports/nfl/bills/2021/09/12/buffalo-bills-pittsburgh-steelers-score-josh-allen/8311039002/

Ryan Fitzpatrick leaves Washington Football Team
opener with hip injury, ruled out for rest of game
https://www.usatoday.com/story/sports/nfl/washington/2021/09/12/ryan-fitzpatrick-injury-washington-football-team-qb-exits-opener/8309682002/

SF Giants drop playoff magic number to four,
win streak hits six behind La Stella, Belt
https://www.mercurynews.com/2021/09/11/sf-giants-drop-playoff-magic-number-to-four-win-streak-hits-six-behind-la-stella-belt/

Dodgers pitcher Trevor Bauer’s leave
extended through end of season
https://www.latimes.com/sports/dodgers/story/2021-09-10/dodgers-pitcher-trevor-bauers-leave-extended-again?utm_id=37446&sfmc_id=1646692

Ducks upset No. 3 Buckeyes despite defensive absences
https://www.cbssports.com/college-football/news/ohio-state-vs-oregon-score-takeaways-no-12-ducks-upset-no-3-buckeyes-despite-defensive-absences/live/

 Oregon Ducks arrival back on national stage
feels right on time
 https://www.oregonlive.com/sports/john_canzano/2021/09/canzano-oregon-ducks-arr


[headlines]
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California Nuts Briefs---

Dixie, Caldor Fires are both 65% contained,
    but weather could spell trouble for crews
https://www.eastbaytimes.com/2021/09/12/dixie-caldor-fires-are-both-65-contained-but-fire-weather-could-spell-trouble-for-emergency-crews/

This Oakland home went for $1 million over
asking price. Can you guess the sale price?
https://www.sfchronicle.com/projects/2021/real-estate-quiz-oakland-lakeshore/

California sending out 2 million $600-$1,100
stimulus payments next week
https://www.mercurynews.com/2021/09/10/2-million-california-stimulus-payments-coming-next-week/

Twitter signs lease for expansion
into downtown Oakland
https://www.eastbaytimes.com/2021/09/10/twitter-lease-expand-downtown-oakland-tech-real-estate-office-jobs/

California Legislature Passes Bill Extending
Cocktails To-Go Until 2026
https://www.distilledspirits.org/news/california-legislature-passes-bill-extending-cocktails-to-go-until-2026/


[headlines]

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“Gimme that Wine”

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

Napa Winery Project Finally Opens
https://www.wine-searcher.com/m/2021/09/napa-winery-project-finally-opens

New Napa Valley Four Seasons resort opening;
new Napa beer garden takes shape
https://www.northbaybusinessjournal.com/article/industrynews/new-napa-valley-four-seasons-resort-opening-new-napa-beer-garden-takes-sha/

9 Sonoma Wineries with Spectacular Views
https://www.sonomamag.com/sonoma-wineries-with-spectacular-views/?utm_id=a2l0bWVua2luQGxlYXNpbmduZXdzLm9yZw==

How about farm-to-glass? Sacramento’s real
culinary jewel is its world-class wine scene
https://www.sacbee.com/food-drink/wine/article253950108.html#storylink=mainstage_lead


Free Wine App

https://www.nataliemaclean.com/mobileapp/

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

[headlines]
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This Day in History

     1663 - The first major conspiracy between slaves and indentured servants occurs in Gloucester County, Virginia. The plot was betrayed to the authorities. Several plotters were beheaded.
    1635 - The Massachusetts General Court banished Separatist preacher Roger Williams, 32, for criticizing the Massachusetts Bay Company charter and for perpetually advocating a separation of church and state.
    1759 - General Wolfe defeats General Montcalm on the Plains of Abraham outside Quebec City. Canada becomes English. End of the 7 Years' War, King George's War: English (in New Canada) and French (in New France) duke it out with Indian allies on each side. Both sides build forts or fortify trading posts in Indian country. Choctaw, Tuscarora, Yamasee, Cherokee, some Creeks, fight for the French; Mohawks, Chickasaw fight for the English.
    1778 - Congress picked New York, NY, as the location of the new US government in place of Philadelphia, which had served as the capital up until this time. In 1790, the capital moved back to Philadelphia for ten years, before moving permanently to Washington, D.C. They also authorized a Federal election,  “resolved that the first Wednesday in January next be the day for appointing electors in several states, which, before the said day, shall have ratified the said Constitution; that the first Wednesday in February next be the day for the electors to assemble in their respective states, and vote for a President; and that the first Wednesday in March next be the time, and the present seat of Congress the place for commencing the preceding under the said Constitution.”
    1814 - Francis Scott Key was aboard a ship that was delayed in Baltimore Harbor by the British unsuccessful bombardment on Fort McHenry.  Key had no choice but to anxiously watch the battle. That experience and seeing the American flag still flying over the fort the next morning inspired him to pen the verses that, coupled with the tune of a British musician's popular drinking song, “Anacreon in Heaven,” became our official national anthem in 1931, 117 years after the words were written. The commander of the Fort knew the British would be attacking and had a second flag made by Betsy Ross that was ten times the size of the fort's flag so it could be seen from far away as a sign of defiance to the British and to show the people of the land the resolve not to surrender the fort. 
(lower half of: http://memory.loc.gov/ammem/today/sep13.html )
This battle became a major turning point in halting the British, who for the first time, were beginning to retreat and trying to re-group.  The Americans were now organized and if not winning battles, were pushing back British troops.
    1845 – Alexander Joy Cartwright was said to present the first set of baseball rules.  It was believed that Cartwright and his friends formed their baseball club in the early 1840s and named it after Manhattan’s volunteer Knickerbocker Engine Company.  In 1845, Cartwright’s Knickerbockers moved across the Hudson River via ferry to play on the spacious Elysian Fields in Hoboken, N.J. It was there that the club became a driving force in baseball’s rapid development. Cartwright served as the Knicks’ secretary in 1846 and then as their vice president from 1847-48. He was also a member of the club’s rules committee in 1848.  In 1845, a committee from the new club including William Wheaton (but not Cartwright) drew up rules resembling those of the Gothams. The major precepts included the stipulations that foul territories were to be introduced for the first time, and the practice of retiring a runner by hitting him with a thrown ball was forbidden.   Cartwright is also erroneously credited for introducing flat bases at uniform distances, three strikes per batter and nine players in the field.  However, modern scholarship has cast doubt on the originality of these rules, as information has come to light about the New York clubs that predated the Knickerbockers, in particular the rules devised by William Wheaton for the Gotham Club in 1837. Baseball historian Jeffrey Kittel has concluded that none of the Knickerbocker Rules of 1845 was original, with the possible exception of three-out innings.  As MLB's Official Historian John Thorn wrote, Cartwright has "a plaque in the Baseball Hall of Fame on which every word of substance is false. Alex Cartwright did not set the base paths at ninety feet, the sides at nine men, or the game at nine innings." (In fact, all three were established by the inter-club Convention of 1857, eight years after Cartwright had left New York).
    1851 - Birthday of Walter Reed (d. 1902), at Gloucester County, VA. American army physician especially known for his Yellow Fever Research. This insight gave impetus to the new fields of epidemiology and biomedicine, and most immediately allowed the resumption and completion of work on the Panama Canal (1904–1914) by the United States.  He served as an army surgeon for more than 20 years and as a professor at the Army Medical College. The US Army's general hospital at Washington, DC, is named in his honor.
    1857 – Milton S. Hershey (d. 1945) was born in Derry Twp, PA.  He founded the Hershey Chocolate Company and the "company town" of Hershey, PA, eventually becoming a great success. As he and his wife had no children, they turned to philanthropy.
    1860 – General of the Armies John J. “Black Jack” Pershing (d. 1948) was born in Laclede, MO.  He is most famous as the commander of the American Expeditionary Force (AEF) in World War I, 1917–18. He rejected British and French demands that American forces be integrated with their armies, and insisted that the AEF would operate as a single unit under his command, although some American divisions fought under British command, and he also allowed all-black units to be integrated with the French army.  Pershing is the only American to be promoted in his own lifetime to General of the Armies, the highest possible rank in the United States Army; an act was passed in 1976 retroactively promoting George Washington to the same rank but with higher seniority, ensuring that he would always be considered the senior ranking officer in the United States Army.
    1862 - Perhaps this one event changes the Civil War most dramatically.  It ended General Robert E. Lee's plan to invade Washington, D.C. and win over the growing demand for "peace" with the Confederates. Not only was Lee surprised that McClellan could muster his troops in such short notice but outmaneuvered his plans. McClellan had obtained a copy of General Lee's surprise battle plans.  ”According to the records, the XII Corps, 1st division of General Alpheus Williams, was bivouacked about a mile southeast of Frederick, Maryland, on a meadow occupied the day before by Confederate General D. H. Hill's command. Around 10 a.m. on the 13th of September, 1862, Private Barton W. Mitchell of the 27th Indiana, along with Sergeant John M. Bloss, discovered an envelope containing three cigars wrapped in a piece of paper lying in the grass. The document turned out to be a copy of Confederate General Robert E. Lee's orders for the Invasion of Maryland. The dispatch was addressed to Confederate General Hill. Passed up through the chain of command, the captured order gave Union General George B. McClellan advance notice of his enemy's movements. Holding the paper, McClellan exclaimed, ‘Here is a paper with which, if I cannot whip Bobby Lee, I will be willing to go home'."  What was to follows was the first major Civil War engagement on Northern soil and the bloodiest single day battle in American History on September 17. This was just 18 days after the Confederate victory at Second Manassas, 40 miles to the southeast in Virginia.  General Lee's overall strategy would not have only won the battle but perhaps ended the war politically, except for the finding on an envelope containing three cigars wrapped in a piece of paper lying in the grass.
http://www.nps.gov/anti/ordr_191.htm
http://www.nps.gov/anti/battle.htm
    1867 - Gen E. R. S. Canby orders South Carolina courts to impanel black jurors, part of the Freedman Bureau. When President Tyler is installed, much of the reconstruction effort comes to an end, including allowing Blacks to serve on juries. 
http://www.tsha.utexas.edu/handbook/online/articles/view/CC/fca39.html
    1876 - Birthday of Sherwood Anderson (d. 1941), Camden, OH. Author and newspaper publisher, he is best remembered for his book, “Winesburg, Ohio.”
http://memory.loc.gov/ammem/today/sep13.html 
    1881 - African-American Louis Latimer patents an electric lamp with a carbon filament.
    1881 - The famous "Yellow Day" in the northeast caused by Michigan forest fires where 20 villages were burned and 500 killed. The smoke filtered out most of the light and left a brassy tinge on everything
    1886 - Birthday of Alain L. Locke (d. 1954), Philadelphia.  Philosopher and first Black Rhodes Scholar, 1907.
    1900 - At the Polo Grounds, Christy Mathewson made his first start, pitching a complete game 6-5 loss to the Chicago Orphans.
    1902 – The Orphans’ Joe Tinker, Johnny Evers and Frank Chance played their first game as the double play combo that would become famous.
    1905 - Birthday of Meade Lux Lewis (d. 1964), Chicago, IL.  One of my favorite pianists and Boogie Woogie master. 
    1909 – Little-known fact:  Ty Cobb clinched the AL home run title with his 9th, an inside-the-park drive against the Browns. In fact, all his nine home runs this season were inside-the-park. Only Wahoo Sam Crawford (12 in 1901) has hit more inside-the-park homers in a year than Cobb.
    1910 - Tenor sax player Chu Berry (d. 1941) was born Leon Brown Berry, Wheeling, W.Va.
    1916 - Birthday of singer Dick Haymes (d. 1980), born Buenos Aires, Argentina to British parents.  He was one of the most popular male vocalists of the 1940s and early 1950s.
    1922 - The mercury climbed to 136 degrees (Fahrenheit) in Azizia, Libya, the highest temperature ever recorded on Earth. We sure hope they had plenty of lemonade on hand.
    1925 - Birthday of “The Velvet Fog,” singer, drummer, actor, composer Mel Torme (d. 1999), Chicago.  A child prodigy, he first performed professionally at age 4, singing "You're Driving Me Crazy" at Chicago's Blackhawk restaurant.  Tormé wrote more than 250 songs, several of which became standards. He often wrote the arrangements for the songs he sang. He collaborated with Bob Wells on his most popular composition, "The Christmas Song" (1946), which was recorded first by Nat King Cole. Tormé said that he wrote the music in 45 minutes.  http://www.spaceagepop.com/torme.htm
    1925 – Years before Johnny Vander Meer finally did it, Brooklyn’s Dazzy Vance nearly threw consecutive no-hitters, pitching a 10-1 no-hitter five days after a 1-0 one-hitter.  
    1931 - Vaudeville star Eddie Cantor was heard for the first time -- on NBC radio. "The Chase and Sanborn Hour" became one of the most popular radio shows of the 1930s. He also made the early transition to television and his variety show was very popular until he retired.
    1936 – Indians’ teenage pitching phenom Bob Feller tied the Major League record and set a new AL record by striking out 17 batters as he two-hit the Philadelphia A’s, 5-2. After the season, "Bullet Bob" returned to his Van Meter, IA home to graduate from high school.
    1948 - Margaret Chase Smith (R-Me) was elected senator, the first woman to serve in both houses of Congress.
http://www.umaine.edu/mcsc/AboutUs/Bio.htm
http://www.biddle-audenreed.com/MagSmith.html
    1949 - The Ladies Professional Golf Association was formed in New York City. Patty Berg became the first president of the LPGA.
    1954 - The cover of "LIFE" magazine was adorned with Judy Garland's picture, with the caption, “Judy Garland takes off after an Oscar.” Garland had been nominated for her role in "A Star is Born."
    1955 - Top Hits
“The Yellow Rose of Texas” - Mitch Miller
“Maybellene” - Chuck Berry
“Autumn Leaves” - Roger Williams
“I Don't Care” - Webb Pierce
    1956 - Birthday of Joni Sledge (d. 2017), Philadelphia, PA, vocalist.  Her biggest hit was as Sister Sledge with “We are Family.” 
http://www.lustigtalent.com/html/sledge.htm 
http://www.entertainment-net.com/sister_sledge.html 
http://www.ebceleb.com/soul/kevsweb34/sister.htm
http://www.marstalent.com/bio_sister_sledge.htm
    1960 - The U.S. Federal Communications Commission banned payola. A scandal, investigated by a Congressional committee, involved some of the biggest names in radio, including popular New York DJ Alan Freed. He lost his job at WABC for allegedly accepting gifts and money for playing certain records. There was substantial evidence to prove that the practice was quite widespread in the industry. Tickets, dinners, trips, are still commonplace gifts by record and entertainment promoters. In addition, DJs often demanded and received songwriting credits on the releases to receive royalties as the songs gained popularity and play time on the air.  Cash is now a “no-no.”
    1962 - No. 1 Billboard Pop Hit: "Sherry," The Four Seasons.
    1963 - Top Hits
“My Boyfriend's Back” - The Angels
“Hello Mudduh, Hello Fadduh!” - Allan Sherman
“Blue Velvet” - Bobby Vinton
“Ring of Fire” - Johnny Cash
    1964 - New York DJ Murray the K hosts the conclusion of the ten-day rock ‘n’ roll extravaganza at Brooklyn's Fox Theatre, held to compete against the Animals ten-day run at Brooklyn's Paramount Theatre. Acts on the Fox bill include Marvin Gaye, the Miracles, Martha & the Vandellas, the Contours, the Supremes, the Searchers, the Temptations, Jay & the Americans, the Dovells, the Newbeats, Little Anthony & the Imperials, the Shangri-las and the Ronettes. The Fox show outdraws the concurrent Paramount show.
    1965 - Willie Mays hits his 500th home run. Connecting against Don Nottebart of the Houston Astros, Mays becomes only the fifth player to reach the milestone. Mays' blast helps the San Francisco Giants to a 5-1 win.  Mays finished his Hall of Fame career with 660 which, at the time he retired, was third all-time behind Babe Ruth and Henry Aaron…and without PEDs.
http://www.baseballprimer.com/daily/daily2001-09-13.shtml
http://www.baseball-reference.com/m/mayswi01.shtml
    1965 - The Beatles release the single, "Yesterday/Act Naturally." This is also the day they win their first Grammy -- for Best Group and for their "A Hard Day’s Night" LP.
    1968 - Clarence Carter received a gold record for his million-selling hit "Slip Away." Carter earned two other gold records for "Too Weak to Fight" and "Patches." The singer from Montgomery, Alabama had been blind since age one and taught himself to play guitar by age 11.
    1969 - John Lennon and his wife, Yoko Ono, presented the Plastic Ono Band in concert for the first time. The appearance at the Toronto Peace Festival was Lennon's first in four years. The first hit by the new group, "Give Peace a Chance," made it to number 14 on the charts.
    1969 - In a 6-4 defeat to the Reds, Bobby Bonds becomes the fourth player in Major League history steal at least 30 bases and hit at least thirty home runs in the same season. The other members of the 30/30 club include Ken Williams (1922-Browns), Willie Mays (1956 & 1957-Giants) and Hank Aaron (1963-Braves).
    1969 - Santana's debut album enters the LP chart.
    1970 - The first New York City marathon drew 126 runners, 55 of whom finished the course. Queens fireman Gary Muhrcke won the race with a time of 2:31:38.2
    1970 - IBM brings out the System 370 computer; the first with a rational data base. Intel, later in the year, introduces the ROM chip, where the memory stays on the chip when the electricity is turned off. Gene Amdahl spins off a new company and the start of the modern computer can be linked to this introduction by IBM.
    1971 - The World Hockey Association was formed. It was announced that play would commence in October, 1972.  The charter teams:  Alberta Oilers, Chicago Cougars, Calgary Broncos became the Cleveland Crusaders by Opening Day, Dayton Arrows became the Houston Aeros by Opening Day, LA Sharks, Minnesota Fighting Saints, New England Whalers, New York Raiders, Ottawa Nationals, Miami Screaming Eagles became the Philadelphia Blazers by opening Day, San Francisco Sharks became the Quebec Nordiques by opening Day, Winnipeg Jets.  Beset by financial difficulties from the start, the league managed to last until 1979, when a merger with the NHL took the Edmonton Oilers, New England Whalers, Quebec Nordiques, and Winnipeg Jets, after which the WHA disappeared. 
    1971 - Top Hits
“Go Away Little Girl” - Donny Osmond
“Spanish Harlem” - Aretha Franklin
“Ain't No Sunshine” - Bill Withers
“Easy Loving” - Freddie Hart
http://www.thocp.net/timeline/1970.htm
    1971 - Nine hostages and 28 prisoners die in take over at Attica State Prison by authorities.
http://abcnews.go.com/sections/us/DailyNews/attica000104.html
http://www.cpa.eku.edu/attica.htm
http://www.amadist3.com/attica.htm
http://www.nationalcops.org
    1971 - Frank Robinson hits his 500th home run.
http://www.thediamondangle.com/archive/april01/fivec.html
    1974 - “Chico and the Man” premiered on TV. This sitcom starred Jack Albertson as Ed Brown, a cranky garage owner, and Freddie Prinze as Chico Rodriguez, his Mexican-American employee. It was set in the bar­rio of East Los Angeles. However, the show was widely criticized for its use of the term “Chico,” which was derogatory to many Chicanos, and for the lack of Mexican-Americans in the cast or crew. To remedy this, the cast was expanded to include Issac Ruiz as Chico's friend, Reman and Rodolfo Hoyos as Ed's friend, Rudy.  It was the first U.S. television series set in a Mexican-American neighborhood and lasted until July, 1978.
    1975 - Bruce Springsteen's "Born to Run" LP enters the chart.
    1976 - “The Muppet Show.” This comedy variety show was hosted by Kermit the Frog of ‘Sesame Street.” The new Jim Henson puppet characters included Miss Piggy, Fozzie Bear and The Great Gonzo. Many celebrities appeared as guests on the show, which was broadcast in more than 100 countries. The show ran until 1981. “Muppet Babies” was a Saturday morning cartoon that ran from 1984 until 1992. The Muppet Movie (1979) was the first of five films based on “The Muppet Show.” In 1996 a new show, Muppets Tonight!, was created.
    1976 - Peter Frampton's fourth solo album, "Frampton," goes gold. It's his commercial breakthrough album containing the hits "Show Me the Way" and "Baby I Love Your Way."
    1977 - The first diesel cars to be mass-produced were the Oldsmobile 88 and 98-diesel-engine models introduced by General Motors.
    1977 - “Soap” was a prime-time comedy that parodied soap operas. It had plots that were funny (e.g. Corinne's baby is possessed by the devil), controversial (e.g. Billy joins a cult) and downright bizarre (e.g. Burt is abducted by aliens). The show focused on two families, the wealthy Tates and the middle-class Campbells. It starred Katherine Helmond, Robert Mandan, Jennifer Salt, Diana Canova, Jimmy Baio, Robert Guillaume, Cathryn Damon, Richard Mulligan, Ted Wass, Billy Crystal, Richard Libertini, Kathryn Reynolds, Robert Urich, Arthur Peterson, Roscoe Lee Browne and Jay Johnson. Rod Roddy was the announcer who recapped what had happened on the previous episode
    1979 - “Benson” premiered on TV. This half-hour sitcom was a spin-off from the popular series “Soap.” Benson, played by Robert Guillaume, went to work for Jessica's Tate's widowed cousin Governor James Gatling, played by James Noble. The series centered around Benson trying to keep the household intact while the governor performed his duties for the state. The last telecast aired Aug 30, 1986. Other cast members included Missy Gold, Rene Auberjonois, Ethan Phillips, Didi Conn, Caroline McWilliams, Inga Swenson and Lewis J. Stadlen. 
    1979 - Abba's first North American tour opens in Edmonton, Alberta.
    1979 - Top Hits
“My Sharona” - The Knack
“After the Love Has Gone” - Earth, Wind & Fire
“The Devil Went Down to Georgia” - The Charlie Daniels Band
“I May Never Get to Heaven” - Conway Twitty
    1980 - Jackson Browne has the first Number One album of his career with the platinum "Hold Out," his first LP in well over two years.
    1983 - Huey Lewis and the News' "Sports" LP is released.
    1983 - United States mint strikes first gold coin in 50 years (Olympic Eagle) 
http://www.iccoin.com/usmin19lossi.html 
    1984 - Hurricane Diana made landfall near Wilmington, NC after meandering for two days off the coast. On the 11th, the Oak Island Coast Guard station recorded sustained winds of 104 mph with gusts over 115 mph. Wilmington recorded over 13.72 inches of rain. Damage was set at $78 million.
    1985 - Sting begins his first solo tour in San Diego.
    1986 - "Captain EO," a 17-minute, three-dimensional, musical, science-fiction flick starring Michael Jackson, made its gala premiere at Disneyland in Anaheim, CA and at Disney's Epcot Center in Orlando, FL this day. The innovative movie cost approximately $1,000,000 a minute to produce.
    1986 - Miss America-1987 was crowned in Atlantic City, NJ.  Kellye Cash was the grandniece of singer Johnny Cash. It was the first year that the contestants' measurements were not publicized. Women's groups had been protesting the Miss America Pageant, especially the judging of contestants in swim suits, saying it was humiliating and demeaning to women.
    1987 - The New England Patriots became the first NFL team to broadcast its games on a regular basis on a French-Canadian radio network. Pierre Donais handled the play-by-play in French with radio station KCLM, a 50,000-watt station in Laval, Quebec, serving as the flagship.
    1987 - Top Hits 
“La Bamba” - Los Lobos 
“I Just Can't Stop Loving You” - Michael Jackson with Siedah Garrett 
“Didn't We Almost Have It All” - Whitney Houston 
“Make No Mistake, She's Mine” - Ronnie Milsap & Kenny Rogers
    1988 - Hurricane Gilbert smashed into the Cayman Islands, and as it headed for the Yucatan peninsula of Mexico strengthened into a monster hurricane, packing winds of 175 mph. The barometric pressure at the center of Gilbert reached 26.13 inches (888 mb), an all-time record for any hurricane in the Caribbean, Gulf of Mexico, or the Atlantic Ocean. Gilbert covered much of the Gulf of Mexico, producing rain as far away as the Florida Keys.
    1989 - Jockey Pat Day rode eight winners in nine races at Arlington Park in Illinois, breaking the record for most winners in a single day of racing at one track. Day finished second in the other race.
    1989 - Bruce Springsteen records "Viva Las Vegas" for the Elvis Presley tribute album, "The Last Temptation of Elvis."
    1990 - “Law & Order” premiered on TV. This hour-long series was filmed on location at New York City. Each episode shows the interaction between the police and the district attorney's office in dealing with a crime. Almost the entire cast has changed over the life of this program; Steven Hill as District Attorney Adam Schiff had been the only constant and was replaced in season 11 by Dianne Wiest and Fred Thompson followed in season 13.  Michael Moriarty as Assistant District Attorney Benjamin Stone was followed by Sam Waterston as ADA Jack McCoy. Richard Brooks as ADA Paul Robinette was replaced by Jill Hennessy as ADA Claire Kincaid who was replaced by Carey Lowell as ADA Jamie Ross followed by Angie Harmon as ADA Abbie Carmichael. The police have been represented by George Dzundza as Detec­tive Max Greevey, followed by Paul Sorvino as Detective Phil Cerreta, followed by Jerry Orbach as Detective Lennie Briscoe. Christopher Noth playing Detective Mike Logan was replaced by Benjamin Bratt as Detective Reynaldo Curtis followed by Jesse L. Martin as Detective Edward Green. Dann Florek as Captain Donald Cragen was followed by S. Epatha Merkerson as Lieu­tenant Anita Van Buren.  The entire “Law and Order” franchise, including “Law and Order: Special Victims Unit,” “Law and Order: Criminal Intent,” “Law and Order: Trial by Jury,” “Law and Order: True Crime,” and “Law and Order: You the Jury” constitute over 1,000 hours of programming and 1,096 original episodes.  They currently enjoy the entertainment afterlife in syndication and eternal annuities for creator Dick Wolf. 
    1992 - The first punt less game in NFL history saw the Bills beat the 49ers 34-31. The Buffalo Bills (quarterback Jim Kelly: 403 yards and three TDs) and San Francisco 49ers (QB Steve Young: 449 yards and three touchdowns) combined for 1,086 yards of total offense -- without punting the ball once. And they have the nerve to call it football...
    1993 - There was hope that the 45 years of war between Arabs and Jews would come to an end. PLO Chairman Yasser Arafat and Israeli Prime Minister Yitzhak Rabin came together in Washington, DC to sign an agreement to make peace, not war.  They signed the Oslo Accords, granting limited Palestinian autonomy.
    1993 - A strong winter type storm moved through the Rockies and western high plains producing record early snows. Denver, CO recorded 5.4 inches for its greatest snowstorm for so early in the season after reaching 92 degrees the day before. Records were also set at Cheyenne, WY with 5.5 inches and Scottsbluff, Nebraska with 2.5 inches.
    1993 - "Late Night with Conan O'Brien" makes its premiere on NBC. E Street Band drummer Max Weinberg is the show's band leader with the Max Weinberg 7.
    1997 - Oscar De La Hoya was awarded a unanimous decision after 12 rounds against Hector ‘Macho' Camacho in Las Vegas. This was the second time De La Hoya, unbeaten in 26 bouts, had successfully defended his WBC welterweight boxing title. “He earned it,” the bruised and battered Camacho said following the loss. “He did everything he said he was going to do, except he didn't knock me out.”
    1997 - “I like that ooh, ooh; Come on, come on MC, MC ooh, ooh...” Mariah Carey's "Honey" debuted on the "Hot 100" at number one -- her third single to do so. The others were "Fantasy" (Sep 30, 1995) and "One Sweet Day" (Dec 2, 1995). Carey was the first artist to have three singles debut at #1.
    1999 - Country music newcomers the Wilkinsons sweep the 1999 Canadian Country Music Awards by gathering five trophies. Close behind is Canadian-born country music sensation Shania Twain with four awards.
    2001 - Due the terrorist attacks on the World Trade Center and the Pentagon, Major League Baseball postpones all games through September 17. The 91 missed games, the most regular-season contests not played since World War I forced the cancellation of the final month of the 1918 season, have been re-scheduled for the week after the regular season ends meaning the World Series is likely to extend into November for the first time in history.
    2001 – Civilian air traffic resumed after the September 11 attacks closed US airspace for several days.
    2008 – Hurricane Ike made landfall on the Texas Gulf Coast causing heavy damage to Galveston Island, Houston, and surrounding areas. 
    2009 - Ichiro reached the 200 hit mark for the 9th straight year, a first in Major League history. 
    2013 – Insurgents attacked the US consulate in Herat, Afghanistan, with two members of the Afghan National Police reported dead and about 20 civilians injured.
    2018 – The Merrimack Valley gas explosions: excessive natural gas pressure caused fires and explosions in pipelines owned by Columbia Gas of Massachusetts caused a series of explosions and fires to occur in as many as 40 homes, with over 80 individual fires, in the towns of Lawrence, Andover, and North Andover. One person was killed and 30,000 were forced to evacuate their homes.

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