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tempt to carry the business ther, Little; executive vicepresident Run at Farmers Bank Fearing that closing of the First National might precipitate upon the Farmers Bank and Trust company, officers of arranged for shipment of rency which arrived by armored truck from Memphis this morning. No run developed, however, and deposits had ally in excess of normal and withdrawals Lynch, president of the Farmers Bank and Trust company, issued statement expressing preciation for the confidence dis. played by patrons of the institution. declared that arrangements had been made with Memphis and St. Louis banks for cash sufficient to cover all deposits. naturally am gratified at the confidence shown by the unusually Iteavy deposits we have received this morning," he sald want everyone know, however, that have arranged for cash sufficlent cover every cent of posits. Those who want their money. will find ready for them." News of the closing the First National brought many persons the Farmers bank this morning, but for the most part their fears were quickly allayed by sight the blg stacks of currency piled up in the cages. Some actually withdrew their money and then turned around and re-deposited when they what the situation was. Negotiate for Merger Deposits in the First National tank at the ciose of business Saturday night were $319,532.43. Cash and on hand was $99.00 with loans and discounts. including cotton loans, of $369.100.28. Rediscounted notes were and bills payable $50,000. was learned today that negoliations for merger of the First National benk with the Farmers Bank and Trust company opened Friday of last week. No agreement has been reached however, and officers of neither institution cared this morning to make any statement as the probable outecme. Any further consideration of the matter,
