Issues of El Banco Nacional Mexicano
$1 notes
Date on note | Series | from | to | Interventor | Director | Cajero | |
20 February 1882 | Known overprinted and needlepunched 'VERACRUZ' | ||||||
23 February 1882 | A1 | Zentero | Guzman | de Muralt | includes number 572 | ||
E1 | Romero | Bermejillo | de Muralt | includes number 445CNBanxico #10450 overprinted and needlepunched 'VERACRUZ' | |||
1 July 1882 | M1 | Zentero | Bermejillo | de Muralt | includes number 892, overprinted 'SAN LUIS POTOSI' | ||
T1 | Romero | Bermejillo | de Muralt | ||||
10 July 1882 | S1 | Zentero | Bermejillo | de Muralt | includes number 032 | ||
31 October 1882 | X1 | Romero | de Muralt | included number 076 overprinted and needlepunched 'VERACRUZ' | |||
A1 | Romero | Guzman | de Muralt | Known overprinted and needlepunched 'VERACRUZ' | |||
C2 | Zentero | Bermejillo | de Muralt | Known overprinted and needlepunched 'VERACRUZ' | |||
includes number 221CNBanxico #10447 | |||||||
P2 | Romero | Bermejillo | de Muralt | ||||
Y2 | includes number 486 unsigned, punch cancelledin ABNC records |
overprinted 'VERACRUZ' and needlepunched 'VERACRUZ'
$2 notes
overprinted 'VERACRUZ' and needlepunched 'VERACRUZ'
overprinted 'VERACRUZ' and needlepunched 'VERACRUZ'
Date on note | Series | from | to | Interventor | Director | Cajero | |
D1 | Zentero | Bermejillo | de Muralt | includes number 256 overprinted and needlepunched 'VERACRUZ' | |||
[ ] 1882 | G1 | Zentero | Bermejillo | de Muralt | includes number 749 overprinted and needlepunched 'VERACRUZ' | ||
31 October 1882 | Y1 | Romero | Bermejillo | de Muralt | includes number 668 overprinted and needlepunched 'VERACRUZ' | ||
A2 | includes number 361CNBanxico #10451 ovverprinted and needlepunched 'VERACRUZ' | ||||||
Q4 | includes number 480 unsigned, punch cancelledin ABNC records |
$5 notes
Date on note | Series | from | to | Interventor | Director | Cajero | |
F3 | includes number 313 unsigned, punch cancelledin ABNC records |
$10 notes
Date on note | Series | from | to | Interventor | Director | Cajero | |
10 February 1882 |
Zentero | Guzman | |||||
10 February 1883 | D2 | Zentero | Guzman | de Muralt | includes number 946 | ||
D3 | includes number 367 unsigned, punch cancelledin ABNC records |
$20 notes
Date on note | Series | from | to | Interventor | Director | Cajero | |
$50 notes
Date on note | Series | from | to | Interventor | Director | Cajero | |
$100 notes
Date on note | Series | from | to | Interventor | Director | Cajero | |
$500 notes
Date on note | Series | from | to | Interventor | Director | Cajero | |
A1 | 000 | 999 | |||||
B1 | 000 | 999 | |||||
C1 | 000 | 999 | |||||
D1 | 000 | 999 | |||||
E1 | 000 | 999 |
$1,000 notes
Date on note | Series | from | to | Interventor | Director | Cajero | |
A1 | 000 | 999 | |||||
B1 | 000 | 999 | |||||
C1 | 000 | 999 |
Notes in circulation and withdrawals
When the bank opened on 23 February 1882 the bank had already signed 23,000 notes with a cumulative total of $2,128,000El Foro, Tomo XVIII, Año X, Núm. 47, 11 March 1882.
On 18 March 1883 rumours circulated that the bank had insufficient funds and some holders of notes rushed to change them into coin. However, the bank reassured the public and the Banco de Londres, México y Sud América offered to announce that they were accepting Banco Nacional Mexicano notesEl Fronterizo, Tucson, 6 April 1883. A week later it was announced that the bank was going to withdraw its notes, in order to avoid the problems caused by the panic of the last few daysEl Foro, 29 March 1883.
The bank was the only one to publish a monthly balance sheet so we know of the following figures for notes in circulation:
1882 | 1883 | 1884 | |
January | 2,856,440 | 2,683,339 | |
February | 399,670 | 2,868,276El Siglo Diez y Nueve, 5 March 1883{/foonote} | 2,716,848 |
March | 744,454 | 1,719,809El Fronterizo, Tucson, 4 May 1883 | 2,569,534 |
April | 1,091,142 | 1,853,168El Siglo Diez y Nueve, 4 May 1883; El Fronterizo, Tucson, 1 June 1883 | 2,088,854on 1 May, El Siglo Diez y Nueve, 6 May 1884 |
May | 1,570,999El Siglo Diez y Nueve, 6 June 1882; La Voz de México, 10 June 1882{/foonote} | 2,029,741 | 2,236,897 |
June | 2,062,520El Siglo Diez y Nueve, 5 July 1882{/foonote} | 2,187,931 | |
July | 2,607,537El Siglo Diez y Nueve, 3 August 1882{/foonote} | 2,118,923 | |
August | 3,153,394 | 2,403,380 | |
September | 3,312,120 | 2,170,585 | |
October | 3,561,226 | 2,508,752 | |
November | 3,184,738El Fronterizo, Tucson, 19 January 1883 |
2,318,737El Siglo Diez y Nueve, 6 December 1883{/foonote} | |
December | 3,194,419El Fronterizo, Tucson, 9 February 1883 | 2,236,897El Monitor Republicano, 30 January 1884 |
When the Banco Nacional Mexicano merged with the Banco Mercantil Mexicano to form the Banco Nacional de México, it had $2,236,897 in circulation and another $3,468,103 within the bank, making a total of $5,705.00. Most of this had been withdrawn by the end of 1899 Memoria de las Instituciones de Credito, 1897-1899, Tomo III. The report combines the outstanding amounts of the Banco Mercantil Mexicano ($5,088,759) and Banco Nacional Mexicano ($5,705,000) for a total of $10,776,858, of which only $16,901 remained in circulation by December 1899.