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VOL. 7 | NO. 13 | Saturday, March 22, 2014

March 21-March 27: This week in Memphis history

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1994: Pearl Jam at the Mid-South Coliseum with Kings X opening.

1974: On the front page of The Daily News, the Bureau of Business and Economic Research at Memphis State University was seeing indications of the national recession with a “mixed” set of indicators from January in the form of a continuing decline from a year earlier in new car sales. Durable goods employment showed a loss of 200 jobs. Manufacturing employment was unchanged. The local unemployment rate was 2.9 percent.

Meanwhile, the Hickory Hill Industrial Park added 150 acres for a total of 700 acres being developed by Bell & Norfleet Enterprises, including two miles of frontage on Shelby Drive. Today the area is a vital part of Memphis manufacturing and logistics.

1950: Among the 31 Memphians who passed the state bar exam: Erich W. Merrill, Arthur C. Faquin, William B. Ingram and Robert K. Dwyer.

1924: Bee Line Cabs was fighting back against yellow cabs. In a front-page ad in The Daily News, the company began with a question: “What color car would you buy? Our cars are the color of your car.” The ad ended with the motto: “A conservative care for conservative people.”

1885: The name of the Memphis Brewing Co. was changed to the Tennessee Brewing Co., signifying the change in ownership of the company and its brewery at Tennessee Street and West Butler Avenue.

Source: “Finest Beer You Ever Tasted” by Kenn Flemmons

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 54 266 12,031
MORTGAGES 111 406 15,756
FORECLOSURE NOTICES 27 107 3,130
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 73 364 11,671
BUSINESS LICENSES 17 119 4,274
UTILITY CONNECTIONS 121 549 17,732
MARRIAGE LICENSES 23 104 3,668

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