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Notes in circulation and incinerations

The monthly balance sheets of the Banco de Chiapas recorded the following information.

     1902 1903 1904 1905 1906 1907 1908 1909 1910
January     207,595 163,080 178,285 294,700 292,255 395,815 218,835 47.045
February      198,355  150,640 208,265  311,940  295,800  336,855  204,520 44,155
March   0  214,995  121,920 191,695 265,030  298,835  352,985  214,110 38,140
April   28,000  207,220 149,460 200,090  236,305  264,930  333,985  205,985 35,295
May    56,805  245,310  148.765  210.325 232,905  296,445  361,685  171,920 32,550
June    55,020 262,755  176,755  217,450 228.255 324,150  351,670 153,630included in Banco Oriental de México's returns 30,010
July    45,100 307,500  170,900 234,690 247,900 324,120 355,510 114,160 27,710
August   93,975  287,850  181,765 238,120  292,755  327,045  264,845 91,580 25,270
September    93,975  251,340 197,535 237.765  279,100  357,285  272,940 80,475 23,920
October    118,770 284,775  206,005  260,390  278,925  336,615  220,910 65,485 22,365
November    262,910  205,535  235,900 199,050  290.840  372,750 230,570 58,725  21,480
December   270,620 197,975 170,385 227,190 311,945 396,260 196,635 53,285 20,260
                     
Annual average
113,908
 239,267 172,342 216,942 274,550 324,707 304,517 203,074  

 

  1911 1912
 1913  1914            
January 20,015 13,015 9,575 6,905            
February  19,145 12,775 9,240 6,650      
   
March  18,040 12,595 9,070
 6,255            
April 28,885 12,685
 8,870 6,190      
   
May  16,095 11,395
          
   
June 16,455 11,190
 8,190              
July  15,700 11.025
  8,105              
August  15,410 10,840
 8.075              
September  15,155 10,190
   5,700            
October  14,485 9,990
 7,725 5,605            
November  14,245 9,905
 7,530              
December  13,600 9,775
 8,140              
                     
Annual average

               

 

Incinerations

After the Banco Oriental de México absorbed the Banco de Chiapas in June 1909 the manager of the latter bank, Enrique del Valle, was instructed to gather together all the bank’s notes and conduct them to the Estación de JaliscoActa núm. 4, 31 July 1909, AGN, SC224 Antiguos Bancos de Emisión, caja 1125, libro 1914(?). On 10 August 1909 the manager reported that he had handed over, inter alia, $338,655 in Banco de Chiapas notes (and $11, 630 in Banco de Oaxaca notes)Acta núm. 5, 10 August 1909, AGN, SC224 Antiguos Bancos de Emisión, caja 1125, libro 1914(?). These probably formed part of the 9 December incineration.

The Banco Oriental recorded the following incinerations.

Date Acta $5 $10 $20 Total number Total value
$
9 December 1909informe in Memoria de las Instituciones de Crédito, 1909: AGN, SC224 Antiguos Bancos de Emisión, caja 1408, libro 1900   23,000 15,000 6,000  44,000 385,000
30 May 1910$200,000 in total of notes of the Banco de Chiapas and Banco de Oaxaca            
12 June 1911AGN, SC224 Antiguos Bancos de Emisión, caja 1407, libro 2284 minutes of board meeting 12 June 1911 714 1,000 1,000   2,000 15,000
1 September 1911authorised by R. Ramírez de Aguilar, Jefe de Hacienda, acting as interim Interventor (informe in Memoria de las Instituciones de Crédito, 1911) 731 2,000 1,000 500 3,500 30,000
28 December 1911informe in Memoria de las Instituciones de Crédito, 1911 766 600 100 300 1,000 10,000