The Russellville Democrat., 1891-07-23
OUR NATIONAL RANKS.

QUM N NAEAOhAL RAM&A5s The Latest Addition to the sys-
 tenn in Arkansas.
 From the Mercantile and Financial Times,
 New York. July II.
 THE FIRST NATIONAL BANK OF RUSSELL
 vILLK.
 It would be impossible to find anywhere in the commercial or financial history of any land or time, record that can at all compare with that of the national banking system of the United states. Inaugurated more than quarter of century ago, amidst the perils and emerg encies of one of the most critical pc riods of our national life, it has un. dergone peculiar and severe tests, all of which have been met victorr- ously. The unparalleled success at tained and the high degree of SC curity afforded have given the insti tutions of which 1t is composed de seryedly great popularity among the people at large. And, as the Comp troller of the Currency has pointed out the large number of banks con stantly entering the system and, thelr wide distribution, constitute an evidence that cannot be gainsaid of the adaptabilty of the systems to the varied conditions existing with in the extreme limits Of the Nation al domain.
 The latest reports with which we have been furnished, through the courtesy of Hon. E. s. Lacy, Comp troller of the Cuerency, show q mark ed advance all along the line. There are more national banks in operation than ever before, and the volume of business transacted is lslmply enormous. The following figures tell the story:
 May 4, 1901. 3,633 banks. Capital stock. ...$ 667, 787, ,406 15 Surplus fund ...... POP ,49l .9S3 46 Undivided profits. l0l, ,502, ,654 66 Total resources ..... 3.167 ,494 1901 F Individual deposits =. 1.575 ,5c6, 099 Is Loans and discounts. l.956.632 ,539 34
 These are indeed, colossal figures, and that system which can produce such extraordinary results may rightfnlly challenge the admiration of the whole business and financial world.
 We are notified by tue authorities at Washington-under date Of June 15, ult.,--that Arkansas has added another association to her list of Ma tional banks. This bank is incorpor ated under the title of the FIRST MA TIoNAL BANK, of Russellyille, and is No. 4,5S2 on the "Official Roster" of National banks at Washington. It enters the field at favorable time and under suspicious circumstances, and is evidently destined for speedy arrival at success. It has capital of $50,000, and will undoubtedly be increased as the demands of the business render such step advisa ble. Identified with the undertak ing as Stockholders and Directors are some of the most substantial and responsible men of the town and state, men whose judgement is re- lied upon by all who know them, and whose integrity and probity are unquestionable. The active man agement Of the affairs of the bank is in the hands of Mir. w. G. Weimer, President; and Mir. James E. Batten field, Cashier.
 Two abler or more experienced financiers than these could hardly have been found anywhere in that section of country.s President Wei mer is man of rare executive capa blllty, keen insight, and strong per sonal popularity, who is bound to achieve decided success in every thing he undertakes to accomplish. He is widely and favorably known in business and social circles, and is looked up to and respected wherever he goes. He is probably the youngest nation al bank president in the United States. having only just entered up on his twenty seventh year. The organization of the banking interest in this section is all due to his able and indefatigable efforts. His busi ness career since be was nineteen years of age has been one continual round of distinguished success. There IS no telling what such a man may accomplish Tn the years that are to come. Cashier Battenield has also wide acquaintance and a host of friends. In his business methods he is both skillful and con servative, bringing to bear fine busi ness qualifications, wide range of practical experience, sterling integri ty and unwavering devotion to duty.
 The Directory is exceptionally strong and solid, as will be seen from the following list of names:
 q. F. Baucum, Little Rock, (Presi- dent Bank of Little Rock.)
 R. F. Roys, RussellyIlle, Secretary and Treasurer Love & Roys Hdw. Co.,
 J. T. Fowler, of Bradley & Fowler, Attorneys at Law, Russellvllle.
 T. J. Russell, of Russell Bros, Gen. eral merchants, Russellvilie.
 J. M. Luker, of Luker, Davis & Co.,, Wagon manufacturers, Russellvile.
 Jas. Potts, of Pott, Garden & Co.,, Russellyile.
 G. w. Harkey. president Harkey Sadly Co.,, Russellville.
 T.C. Smith, planter, Pope Co.,. Ark.
 ". G. Weimer, President, Russell vile.
 The First National will transact a general banking business, includ ing standard stocks. bonds and oth- CT securities, the discounting Of ap proved commercial paper. the col |