VOL. 10 | NO. 37 | Saturday, September 9, 2017
September 8-14, 2017: This week in Memphis history
2010: Behind The Headlines premieres on WKNO TV.
2007: First Horizon cuts its mortgage sales force in half – 1,500 mortgage positions and 500 supporting positions – reflecting national economic tremors that will grow to include a collapse of the housing market. “I think we have certain regulatory and other just practical issues but as quickly as possible,” First Horizon employee services head John Daniel says of the timing of the cuts. “Our original view was that we would try to not have significant reductions and perhaps benefit from the fact that so many companies were going out of business. … The volumes are going to drop so significantly we just couldn’t take the risk of having all that expense without the business being there.”
1950: Among the businesses listed in The Daily News for new privilege licenses is Poplar Tunes at 304 Poplar Ave. The building is next to the original and smaller record store at 308 Poplar and the license signifies the business’s expansion into jukeboxes four years after it was founded by Joe Cuoghi and John Novarese. Cuoghi recalls lean years in the beginning when he is interviewed in 1965 for a Billboard magazine feature. “We took in exactly $5.63,” Cuoghi recalls of Poplar Tunes first day in business. “We didn’t know Harry James from Tommy Dorsey.”
Source: Billboard magazine feature Nov. 27, 1965
1937: Blues singer Bessie Smith plays Beale Street 20 years after she drew the attention of theatrical agents singing at the Beale “show house.” By the 1937 date on Beale Street, Smith had taken the blues to Broadway, made 160 recordings with such musicians as Louis Armstrong, Fletcher Henderson and Coleman Hawkins, appeared in the movie “St. Louis Blues” and was the most famous blues performer singer of the era. Two weeks after her return to Beale Street, Smith was fatally injured in a car crash on Highway 61 near Clarksdale, Miss.