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“Stop, In the …”

January 15, 2021/0 Comments/in Friday Afternoon, Motown, Music, Trivia /by Steve Kowalski

Motown music is attracting a whole new generation…and then some. You go, Detroit!!!

I know, you can see the hand gestures and the singers dancing together. For me, there’s just something about the classic Motown songs of the 60’s and 70’s. Seems wherever I am down, or I’m feelin’ low, a good tune by the Temptations, the Miracles or the Four Tops just picks me up and puts a smile on my face (let’s face it, the past months have been tough – for everyone). 60 years ago today, a budding genius named Berry Gordy signed an unknown group of high school girls to his budding label. After a number of duds, the girls looked to drift off into obscurity, until a simple song hit the charts – and I guess the rest is rock n roll history. The lead signer was of course Diana Ross, and her group the Supremes. Here’s some history on the early days, their rocket to stardom, the changes within the group and the end of the ride decades later. Thanks to Wikipedia, Allmusic and Google for the insights.

As you read through, be sure to pick one of these links and enjoy the groove.
Supremes Greatest Hits
Motown Greatest Hits
Earth Wind & Fire – Greatest Hits Live (Full Album)

With twelve #1 pop singles, numerous gold recordings, sold out concerts, and regular television appearances, the Supremes were not only the most commercially successful female group of the Sixties, but among the top five pop/rock/soul acts of the decade.
The Supremes started out as a quartet known as the Primettes. In 1959, two fifteen year olds, Florence Ballard and Mary Wilson, met at a talent show. Milton Jenkins, who managed a local doo wop group the Primes, wanted a sister group to accompany the Primes for stage performances. Jenkins asked Ballard to put together such an act.
Ballard remembered Wilson and the two of them brought in sixteen year old Betty Travis. Prime’s member Paul Williams recommended a fifteen year old from Detroit’s Brewster Housing project Diane Ross and Jenkins named the group the Primettes after Diane’s parents gave their permission to join. The Primettes then started doing club dates.
Betty Travis was forced to quit the Primettes because her parents wanted her to pay more attention to her studies. Barbara Martin took her place, but had to leave shortly, as did Ballard, under the same parental conditions. Wilson and Ross continued to work as duo until the two improved their grades and were allowed to rejoin the group.
Ballard, Wilson, and Ross could all sing lead, but Ballard’s voice was considered the best and most powerful of the girls. According to Carolynn Gill of the Velvelettes, “Florence had a very strong gospel voice, and she was the original lead singer. When the group came to Motown, it was Flo’s group – she had formed it and named it”
In 1960, the group met Ross’ neighbor William “Smokey” Robinson and auditioned for him in the basement of the home of his girlfriend Claudette Rogers in hopes of getting to Motown’s hitmaker Berry Gordy. Rogers would later become Robinson’s wife and an original member of the Miracles. The audition turned into a dead end, but they did audition for Gordy later, singing the Drifters’ “There Goes My Baby.” Gordy told them to come back after they completed high school.
Undaunted the girls began hanging out in Motown’s office reception room. They continued doing local talent shows where they were spotted by Richard Morris, who brought them to Lupine Records owner/producer Bob West. They recorded two sides “Pretty Baby” with Wilson on lead and “Tears of Sorrow” with Ross on lead for West. Released in 1960, the record went nowhere and they were soon back hanging around Motown again, doing handclaps on Marvin Gaye’s early records and singing some backups for blues artist Mabel John.
In January 1961 Barry Gordy finally signed them, but required them to change their name. Ballard who had formed the group named them the Supremes. Wilson and Ross initially disliked the name, but Gordy approved. By this time Ross was calling herself Diana Ross.
The Supremes’ first single, issued on the Tamla in April 1961 was “I Want a Guy” and the second an R&B dance tune “Buttered Popcorn” with Ballard on the lead. Both went nowhere.
The next three singles barely made the bottom of the Hot 100. Things were going so badly that in the middle of 1962 Ross took a job in cafeteria of Hudson’s Department store in Detroit and Martin left to get married.
The best of their early releases “When the Love Light Starts Shining,” in the fall of 1963, reached #23 on the charts. By the fall of the 1964 the Supremes had released eight singles with none even making the Top 20.
“Where Did Our Love Go,” a Holland-Dozier-Holland song rejected by the Marvelettes, was brought to the Supremes. By August “Where Did Our Love Go” reached #1 on the Pop and R&B charts. In a matter of weeks, the Supremes went from no billing on the Dick Clark Caravan of Stars show to top billing.
Ross was now doing all the lead vocals, which did not always sit well with Ballard. Said Carolynn Gill of the Velvelettes, “It was Berry’s choice to put Diana as lead. I think Diana’s voice appealed to Berry because it was young, crisp commercial sound; maybe Flo’s voice was a little too strong for that time. I don’t think Berry chose Diana because he particularly liked her more than the other girls. They were after all just a bunch of high school kids to him”
“Baby Love” followed in September 1964 and reached #1 Pop, R&B, and in the U.K. The Supremes with “Baby Love” became the first all-girl group to reach number one in England.
The Supremes became the first American group to have three number ones from the same album when “Come See About Me,’ released in October 1964, reached number one.
The Supremes 1964 album “Where Did Our Love Go” featured a song entitled “Send Me No Flowers” about whether sending flowers can take the place of true affection. A floral bouquet may not be as satisfying as a hug but there is always an occasion to send a flower delivery.
With “Stop! In the Name of Love,” the Supremes became the first group to have four number ones in a row on the Billboard Hot 100. The song also reached number 2 R&B and number seven in England.
The Supremes began on the historic Motown Revue tour through Europe. It was while on this tour this tour that the Supremes developed their hand motions (resembling a traffic cop stopping oncoming car) for “Stop! In the Name of Love” in the men’s room of a London TV studio with the help of Berry Gordy and the Temptation’s Paul Williams and Melvin Franklin prior to a live appearance.
“Back in My Arms Again, on June 12, 1965, became the Supremes fifth #1.
Not only were the Supremes competing head on with the British invasion, they were becoming superstars in the realm of pop entertainment. On July 29, 1965 they headlined New York’s famous Copacabana nightclub.
The same month “Nothing But Heartaches” was released and broke the string of number ones, only reaching #11. But it was a short-lived decline as “I Hear a Symphony” reached number one on November 20th.
In early 1966 they had hits with “My World is Empty Without You” (#5) and “Love is Like a Itching in My Heart” (#9). “You Can’t Hurry Love” reached #1 on September 10, 1966 which began a new string of #1s that included “You Keep Me Hanging On,” “Love is Here and Now You Are Gone,” and “The Happening”, the last of ten #1s written by Holland-Dozier-Holland for the Supremes. They left Motown to form their own labels, Hot Wax and Invictus.
Friction between Ballard and Ross had taken its toll and Ballard missed two shows in Montreal and New Orleans. Part way through the Supremes appearance at the Flamingo Hotel in Las Vegas, Ballard was fired by Gordy and replaced by Cindy Birdsong of the Bluebelles.
Gordy now renamed the group Diana Ross and the Supremes. Though Diana was gaining stature on her way to a solo career, the new lineup was not nearly as successful saleswise. Over the next two years twelve singles were released with only “Love Child” reaching number one.
“Someday We’ll Be Together,” issued in October 1969, became the Supremes last number one record, the trios last record together, and they performed it in the last of twenty appearances on the Ed Sullivan Show. Also, it was the last song they sang together when they appeared at the Frontier Hotel in Las Vegas on January 14, 1970. Then while on stage Ross introduced her replacement Jean Terrell.
On March 7, 1970 the Jean Terrell led Supremes reached the Billboard charts with “Up the Ladder to the Roof” (#10) and proved the group name still had power even without Ross. In fact, their Right On album with Terrell did better (#25) than the double live farewell album with Ross (#46).
The new Supremes third single “Stoned Love” (#7 pop) was a million seller in 1970 and became the Supremes eighth number one on the R&B charts.
In June 1972, Birdsong left for home and family and was replaced by Lynda Lawrence, who was followed by a succession of replacements that included Sherrie Payne, Birdsong again, and Susaye Greene. On December 1976 Mary Wilson left and was replaced by Karen Jackson.
The Supremes last pop single was “You’re Driving My Wheel” (#85 1976), and the group was soon disbanded. Florence Ballard, after leaving the Supremes in 1967, did two singles for ABC Records and then spent several years fighting Motown in a lawsuit over her firing. She lost the suit, spent sometime on welfare attempting to support her three children and despondent, Ballard died of a heart attack at Monte Carmel Mercy Hospital in Detroit at the age of only thirty two.
The driven and aggressive Ross realized her every dream as a superstar performer and actress of the 70s and 80s. She had forty-one Hot 100 hits and her movie career included roles in Lady Sings the Blues and The Wiz. Mary Wilson went on to form her own group Mary Wilson and the Supremes, with Karen Jackson and Karen Ragland.
In May 1983, she, Ross, and Birdsong reunited for Motown’s 25th anniversary TV show and in 1984, Wilson wrote her story Dream Girl: My life as a Supreme.
The Supremes were inducted into the Rock and Roll Hall of Fame in 1988 as the number one female group. Together they had 18 Hot 100 hits as the Supremes, nine as Diana Ross and the Supremes, three as Diana Ross and the Supremes and Temptations, twelve as the Supremes after Ross left, and two as the Supremes and the Four Tops. Obviously, the whole was always greater than its parts to its fans, and the Supremes sound as good at the end as they did when the hits first started.

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DO YOU LIKE CONTESTS?
Me, too.
As you may know the Kowalski Heat Treating logo finds its way
into the visuals of my Friday posts.
I. Love. My. Logo.
One week there could be three logos.
The next week there could be 15 logos.
And sometimes the logo is very small or just a partial logo showing.
But there are always logos in some of the pictures.
So, I challenge you, my beloved readers, to count them and send me
a quick email with the total number of logos in the Friday post.
On the following Tuesday I’ll pick a winner from the correct answers
and send that lucky person some great KHT swag.
So, start counting and good luck!
Oh, and the logos at the very top header don’t count.
Got it? Good. :-))))
Have fun!!

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What Goes Up…

January 8, 2021/0 Comments/in Friday Afternoon, Stocks, Trivia, Uncategorized /by Steve Kowalski

The Stock Markets. Some people were born to make investments. Full disclosure: I was not one of them. So, it’s worth finding someone you like, who gets it and has a pretty good record of making money grow. But sometimes it doesn’t grow. Instead, it goes into the toilet. (technical jargon) Ever heard of Enron? So, let’s say you’ve made some shrewd investments. What are you going to do with all that extra cash? Buy your dear mother a new house? Definitely!! Then invest a little in precious metals. Maybe buy a great big boat. And use that boat to get to the island you bought for your wife’s birthday that’s shaped like a heart. Yeah, that’s the move! But don’t forget, it’s only money.

Hey gang. Hope you enjoyed a great holiday break, gave and received many gifts, ate lots of goodies, enjoyed your family and had a few days to relax. I know I did, and now it’s back to my favorite thing of all – a new year filled with solving your PIA (Pain in The @%$) Jobs! So many things to be thankful for. Over the holiday break, like you, I kept reading about the amazing year we just experienced in the financial investment market. After a really tough drop in the Spring we’re seeing record breaking levels beyond our expectations, – and for now, it just continues to roll. I did a little digging and put together a simple guide to the history and overview of the major markets – nothing heavy here, some basics, along with some fun stock trivia I thought you’d find interesting. Enjoy, and thanks to Sofi.com, Wikipedia, Investopedia, and US News and World Report. While reading, be sure to click on this classic.

– A stock exchange or stock market is a physical or digital place where investors can buy and sell stock, or shares, in publicly traded companies. The price of each share is driven by supply and demand.
– Stock markets now exist in most countries, but the first appeared in 17th century Amsterdam.
– Though there were some proto exchanges dating back to the middle ages, the first modern stock trading has its birth on the high seas. The Dutch East India Company was the first publicly traded company and the first to be listed on an official stock exchange. The company sent expeditions to Asia to bring back trade goods to Europe.
– Not all of these expeditions returned, which was a lot of risk for one entity to bear. So, the company would sell shares to investors to reduce any one person’s liability should the ship be seized by pirates or lost in a storm. This form of trade spread across Europe into France and Britain who gave charters to their own East India companies.
– The first stocks were bought and sold on slips of paper inside coffee shops. In England, the success of the British East India Company was so great that other companies wanted in. The South Seas Company (SSC) received a charter from the king and started selling shares. The sale of these shares made the SSC a fortune before their ships ever left the harbor. At this time, there was no government regulation and when these companies failed to pay dividends on their shares, the first stock bubble burst. As a result, the British government banned stock trading until 1825.
– Meanwhile, on the other side of the pond, America was getting into the game. The first stock exchange in the U.S. was formed in Philadelphia in 1790. This was two years before the New York Stock Exchange (NYSE), which would grow to be the Philadelphia exchange’s much larger cousin.
– From the beginning, the NYSE made its home on Wall Street in lower Manhattan, first under a buttonwood tree and eventually in its current digs at 11 Wall Street. Though other exchanges existed across the country, none rivaled the NYSE in size and power—that is, until 1971 and the creation of the Nasdaq.
– Unlike the NYSE, which was a physical stock exchange, the Nasdaq allowed investors to buy and sell stocks on a network of computers, a system that was faster and more transparent than in-person trading.
– The NYSE is still the largest stock exchange in the world. Yet, there are now exchanges in major cities across the globe trading domestic and international stocks. You’ve likely heard of many of them, including the London and Tokyo Stock exchanges. The Euronext Stock exchange represents the European Union, and there are large exchanges in China, Australia, India and South Africa among others.
– When you read about the stock market you may encounter names like the S&P 500 and the Dow Jones Industrial Average (DJIA). These are stock market indexes, which help describe the performance of a market as a whole or a specific piece of the market.

The S&P 500, for example, lists the 500 largest US publicly traded stocks. It’s a market-cap-weighted index so larger companies represent larger proportions of the index.
Founded in 1896 by Charles Dow and Edward Jones, the DJIA is a price-weighted average, meaning stocks influence the index in proportion to their price per share. Learn more here

The DJIA keeps track of 30 large, publicly traded, US-based stocks. It was designed as a proxy for the overall economy. So, when you hear a news anchor say that markets were “up” or “down” on a given day they are likely referring to the DJIA. Learn more here

– Speaking of markets being up or down, stocks and the market can fluctuate on any given day. The US stock market has historically gone through larger market cycles in which the market expands and shrinks over the course of weeks or even years.
– As an investor, you can buy shares of companies that are traded on the stock exchanges through a stockbroker or you can buy shares directly from online websites like Robinhood. (be careful though, as this can lead to bad, emotional decisions – that’s why most investors work with brokers)
– There are a number of metrics that you can use to help you determine whether a stock is a good fit for you.

P/E, or the price to earnings ratio, takes a company’s total dollar value divided by its earnings, giving investors an idea of how relatively cheap or expensive a stock is.

Average return shows you how much stocks are likely to grow over time. And stock yield gives you a sense of how much you will receive in dividends compared with a stock’s price.

– For the most part, experts tell us investing in the stock market should be considered a longer-term prospect. Wisdom holds that the longer you hold your stock, the more able you are to ride out the market’s natural periods of ups and downs. Timing the stock market, trying to predict when stocks will rise and fall and buying according to those predictions is generally not recommended for the average “Joe” or “Jane”. Here’s a list of top performing stocks over the past 30 years. Important Disclaimer: This list does not in any way represent the opinions or recommendations of KHT – it’s from an article I found online published by US News and World Report dated Dec 21, 2020.

••• DO NOT TAKE THIS AS INVESTING ADVICE •••
••• Please remember, I’m a very good heat treating guy – but a lousy investment advisor!! •••

Here are some top stock returns over the past 30 years:

Amazon.com (ticker: AMZN)
Perhaps the least surprising stock on this list is e-commerce and cloud services leader Amazon. The company went public in May 1997. Since that time, Amazon and its stock have gone on a historic run. Over the years, Amazon has pivoted from a niche online bookstore to a $1.6 trillion online marketplace juggernaut. In the 23-plus years since its initial public offering, Amazon has generated a total return of 212,922%, more than any other stock in the past 30 years. In fact, $10,000 invested in AMZN stock back in 1997 would now be worth $21.3 million.

Monster Beverage Corp. (MNST)
Monster Beverage has been an under-the-radar home run investment since its August 1995 IPO. In 25 years, Monster has generated a total return of 212,468%, second only to Amazon. In 2015, Monster struck a deal with Coca-Cola (KO) in which Coca-Cola took a 19% ownership stake in Monster in return for Coca-Cola becoming Monster’s primary global distributor. Since its IPO, Monster shares have generated an average annual return of 35.4%. A $10,000 stake in MNST stock in 1995 would now be worth more than $21.2 million.

Jack Henry & Associates (JKHY)
Jack Henry & Associates is one of the earliest fintech companies, offering technology solutions and payment processing services to its customers in the financial sector. Jack Henry & Associates went public in November 1985 and has generated a cumulative return of 212,322% for shareholders. The company’s 29.1% annualized return since 1990 is the highest among stocks that have been around for at least 30 years. The stock is showing no signs of slowing down, generating about a 500% total return in the past decade. A $10,000 investment in JKHY stock in 1990 would now be worth about $21.2 million.

Cerner Corp. (CERN)
Cerner is one of the largest public health care information technology companies. Cerner went public way back in December 1986 and has generated a 142,419% return for investors over the past 30 years. Cerner was an early mover in automating health care processes, a transition that is still taking place. Since 1990, Cerner has generated an average annual return of 27.4% for shareholders. Unfortunately, Cerner’s growth has slowed, and the stock is up just about 10% overall in the past three years. Still, $10,000 invested in CERN stock 30 years ago would now be worth $14.2 million.

Best Buy Co. (BBY)
Given consumer electronics retailers like Circuit City and Radio Shack have been crushed by Amazon and other online competitors, the fact that Best Buy is among the 10 best-performing stocks of the past 30 years is a testament to the company’s resiliency and adaptability. When Best Buy went public in 1987, the company was selling cassette tapes and VCRs. Today, Best Buy is selling smartphones and tablets. Since 1990, Best Buy has generated a total return of 108,511%, or about 26.2% annually. A $10,000 investment in BBY stock in 1990 would now be worth $10.9 million.

Ross Stores (ROST)
Like Best Buy, Ross Stores’ apparel retail competitors like Forever 21 and J.C. Penney have been crushed by Amazon. But while other retailers are fighting to survive, Ross has thrived. The company went public in August 1985. In the past 30 years, its stock has generated a total return of 81,286%, or about 25% annually. Unfortunately, Ross shares have been flat in 2020 and have significantly lagged the S&P 500 due to economic shutdowns. Despite the disappointing year-to-date performance, a $10,000 investment in ROST stock in 1990 would now be worth $8.1 million.

Kansas City Southern (KSU)
Twenty years into the 21st century, it may be extremely surprising to learn that one of the 10 best stocks of the past 30 years has been a railroad company. Kansas City Southern was founded in 1887 and went public in November 1962. In 2020, trains are still the most cost-effective way to haul large freight loads across the country. In the past 30 years, shares of Kansas City Southern have generated a total return of 78,464%. A $10,000 investment in KSU stock back in 1990 would now be worth $7.8 million.

UnitedHealth Group (UNH)
UnitedHealth is one of the biggest U.S. health insurance providers. United went public in October 1991 and has generated a total return of 63,395% for investors over the past 29 years. That gain works out to an averaged annual return of 24.8%. UnitedHealth was even added to the prestigious Dow Jones Industrial Average in 2012. UnitedHealth shares are still going strong, as the stock has more than doubled the total return of the S&P 500 since 2015. A $10,000 investment in UNH stock back in 1990 would now be worth $6.3 million.

Altria Group (MO)
Global tobacco giant Altria may be another surprise top market performer of the past 30 years. The company went public in July 1985. Despite major public relations and regulatory pressures on the tobacco industry in recent years, Altria shares have gained 61,599% overall in the past three decades, with a 23.9% average annual return. Today, Altria’s revenue growth has slowed to a crawl. The stock is down about 14% in 2020, but Altria still pays a sizable 8% dividend. A $10,000 investment in MO stock in 1990 would now be worth $6.2 million.

Idexx Laboratories (IDXX)
Idexx Laboratories produces health care diagnostics and veterinary equipment for both pet animals and livestock. The company went public in 1991 and has generated a total return of 50,022%, an average annual gain of 23.5% over 29 years. Unlike other stocks that have slowed in recent years, Idexx has caught fire. In the past five years, Idexx has generated a total return of about 580%. A $10,000 investment in IDXX stock in 1991 would now be worth $5 million.

Other hot performing stocks to follow:
Tesla (TSLA), Microsoft (MSFT) and Apple (AAPL).

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DO YOU LIKE CONTESTS?
Me, too.
As you may know the Kowalski Heat Treating logo finds its way
into the visuals of my Friday posts.
I. Love. My. Logo.
One week there could be three logos.
The next week there could be 15 logos.
And sometimes the logo is very small or just a partial logo showing.
But there are always logos in some of the pictures.
So, I challenge you, my beloved readers, to count them and send me a
quick email with the total number of logos in the Friday post.
On the following Tuesday I’ll pick a winner from the correct answers
and send that lucky person some great KHT swag.
So, start counting and good luck!
Oh, and the logos at the very top header don’t count.
Got it? Good. :-))))
Have fun!!