PEOPLES FINANCIAL CORP /MS/
8-K, 2000-05-04
STATE COMMERCIAL BANKS
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                                   FORM 8 - K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

                                   May 4, 2000
                Date of Report (Date of earliest event reported)

                          PEOPLES FINANCIAL CORPORATION
             (Exact name of registrant as specified in its charter)
<TABLE>

<S>                                    <C>                               <C>
          Mississippi                          0-30050                              64-0709834
(State or other jurisdiction of        (Commission File Number)          (IRS Employer Identification
          incorporation)                                                               No.)
</TABLE>

                               152 Lameuse Street
                                Biloxi, MS 39530
          (Address, including zip code, of principal executive office)

                                 (228) 435-5511
              (Registrant's telephone number, including area code)













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ITEM 5. OTHER EVENTS

On March 3, 2000, Peoples Financial Corporation issued a press release regarding
the approval of its application to be listed on the NASDAQ Small Cap Market.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

         (c)     Exhibits.

                 99.     Press Release issued by Peoples Financial Corporation
                         dated May 3, 2000, headed "Peoples Financial
                         Corporation Approved for Listing on NASDAQ."




































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                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Dated: May 4, 2000

                          PEOPLES FINANCIAL CORPORATION


                            By: /s/ Chevis C. Swetman
                                ---------------------
                                Chevis C. Swetman
                                Chairman of the Board



































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Exhibit 99: Peoples Financial Corporation Press Release Dated May 3, 2000



                                THE PEOPLES BANK
                              FOR IMMEDIATE RELEASE


                                                  For more information contact:
                                                  JENNIFER CRANE
                                                  MARKETING/TRAINING OFFICER
                                                  (228) 435-8643
                                                  BEEPER (228) 432-4820


          PEOPLES FINANCIAL CORPORATION APPROVED FOR LISTING ON NASDAQ


     Wednesday, May 3, 2000



Peoples Financial Corporation has announced their approval for registration on
the NASDAQ Small Cap Market. The company will make its listing available May 10,
2000, and will be listed under the symbol PFBX.

Peoples Financial Corporation, headquartered in Biloxi, Mississippi, is the
parent company of The Peoples Bank.










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