The Natchitoches enterprise., 1915-01-28
An Interesting Bit Of History.

one Of the most prosperous in
many a decade if not since the
civil war, the ending of it was the
reverse in practically every sec
tion of the country, particular T
in the Southern States where the
hopes were Duilded upon the
outcome of the cotton crop. The
cause of this change is too we'll
known to need any recounting at
our hands, but with the war cloud
still lowering over distressed Eu-
rope, conditions are Frightening
and the assurances of thoughtful
men of experience are convincing
the most sceptical that the near
future promises much. But thru
all the stress of the last half of
1914, the people Of Natchitoches
were never so much upset over
conditions because they had an
chors that they felt satisfied could
weather any tempest and their
confidence was buiIded upon solid
rocks. And these anchors were
their banks Of which they have
every legitimate reason to be
proud, as we doubt if more sub
stantial and dependable ones could
be found in any part of the coun-
try; banks that have held the con-
fidence and respect of their patrons
and of other banks and business
concerns throughout the Union,
and we doubt if any have made a
finer showing than the three of
which Natchi}oches can boast.
Their holdings and showings, if
we may be pardoned the term
are simply wonderful, so very
that we are publishing
them below, as matter of history
as we'll as of general interest:
THE EXCHANGE BANK.
Organized 1892, with capital of
S10,OOO.O0: Increased 1895 to
S12, 10000; 1901 to 25.O00.00:
1904 to S5O,0O0.OO.
Capital, surplus and undivided
profits on Jan. End, after having
declared quarterly dividend Of 4
per cent on Dec. 31st, 1914, |
S11O,O00.0O. Deposits Jan. 2nd, |
1915, $285, 100000.
The Exchange Banks working
capital, consisting Of capital, sur
plus and undivided profits is now
eleven times the amount of the
origi' al clpital, and is In the same
proportion a greater protection to
heir depositors.
Loans to the extent of more
han three hundred and thirty
thousand dollars give ample evil
lence of their financial ability.
md a continued confidence in the
prosperity of Natchitoches parish.
Their Offices are equipped with
he most modern devices and
Methods for tie prompt and accu-
ate handling of their business.
Courtesy, promptness and accu-
'acy being one of their principal
.Xioms.
Interest paid on time certificates
# deposit.
Fiscal agents for: La. State
Normal School; La. State Normal
jlub; Natchitoches Parish School
'und; Parish of Natchitoches;
'ity of Natchitoches.
Officers: A. w. Watson, Presi-
ent; Adolph Katie, Vice Pres. f; :
S. Stephens. Vice-Pres.; T. G.
arnes, Asst. Cashier.
THE PEOPLES BANK. /
The Peoples Bank opened for
usiness Jan. .7th, 1902 with its F
resent President and Cashier and =
IS continued uninterruptedly t
nee that date. b
They have at present $189, ,9O9.91 G
deposits to credit of 125 deposi il
RS and total resources of $685. a
Ali. b
They have made a net earnings il
S86,O1O.83, of which amount Il
ey have paid their stockholders tx
cash dividends amounting to ir
100000, and at present have fl
t amount of capital and undi- in
led profits of $65,O00.OO. d.
Although the volume of bust ~
IS of the bank diminished con- U
lerably during the past several as
'nths, its latitude of usefulness bc
$ increased considerably for the
ason that it is serving more peo-
at present than at any time