VOL. 11 | NO. 28 | Saturday, July 14, 2018
July 13-19, 2018: This week in Memphis history
(Seth Wenig/Associated Press via washingtonpost.com)
2017: Rachel Heck, a 15-year-old rising sophomore at St. Agnes Academy, makes the cut at the U.S. Women’s Golf Open, finishing the tournament at 2-over when she shot even par 72 for a second consecutive day.
2008: Bryan Jordan is named president and CEO of First Horizon National Corp., replacing Jerry Baker as leader of the parent company of First Tennessee Bank. The news comes as First Horizon reports a $19.1 million loss for the quarter.
1953: 18-year-old Elvis Presley records a two-sided disc at Memphis Recording Service for his mother. Presley pays $4 for the 10-inch disc with “My Happiness” on one side and “That’s When Your Heartaches Begin” on the other. The disc is bought for $300,000 at a January 2014 online auction of Elvis items owned by private collectors. The buyer was later identified as musician Jack White.
1923: On the front page of The Daily News, a “cutthroat” rate war between the Lee and Adams steamboat lines on the Memphis riverfront. The Lee line put the Harry Lee into the downriver market with freight tariffs that didn’t pay the running expenses of their boats after losing a lawsuit against the Adams line. The Kate Adams went lower to the point that “if she carried all the freight that goes out of Memphis for points between here and Greenville, Mississippi, she would still be operating at a loss.” The paper calls on the Memphis Chamber of Commerce to get involved in resolving the dispute “for the general good of Memphis.