Notes in circulation

The monthly balance sheets of the Banco del Estado de México recorded the following information.

	1897	1898	1899	1900
January		20,555	346,120	644,170
February		70,035	352,365	692,005
March		102,075	382,000	749,495
April		131,850	412,595	806,535
May		160,790	406,860	798,575
June		169,215	429,590	883,730
July		215,015	408,285	923,235
August	0	269,740	433,800	903,120
September	0	308,335	460,910	955,765
October	0	311,105	487,460	924,055
November	0	318,265	558,120	962,065
December	7,850	304,155	607,505	995,345

Annual average	7,850	198,427	440,217	853,174

	1901	1902	1903	1904	1905	1906	1907	1908	1909	1910
January	964,275	1,316,540	1,908.075	1,746,370	1,606,570	1,927,260	1,856,400	1,937,120		2,510,090
February	930,685	1,334,860	1,918,475	1,771,460	1,514,295	1,919,565	1,832,925	1,974,400		2,437,360
March	953,385	1,356,280	1,774,215	1,747,230	1,588,300	1,920,110	1,830,845	1,842,060	2,093,555	2,318,885
April	998,165	1,365,340	1,766,850	1,767,285	1,746,715	1,979,575	1,826,015	1,897,945		2,324,455
May	952,780	1,428,220	1,775,550	1,779,580	1,860,455	1,879,685	1,901,140	1,793,615	2,065,240	2,336,240
June	1,050,840	1,483,505	1,848,375	1,755,205	1,914,475	1,857,910	1,852,080	1,794,565	2,080,915	2,234,160
July	1,136,405	1,529,660	1,825,795	1,628,230	1,896,760	1,858,885	1,828,725	1,816,655		2,289,505
August	1,222,960	1,600,865	1,692,240	1,638,535	1,999,435	1,880,705	1,920,710	1.900.750	2,168,720	2,248,805
September	1,231,245	1,673,310	1,610,455	1,717,245	1,955,390	1,845,495	1,844,855	1,872,500	2,178,360	2,240,585
October	1,276,520	1,756,725	1,714,540	1,783,870	1,952,600	1,828,510	1,849,875	1,855,695	2,298,035	2,327,230
November	1,299,230	1,795,180	1,692,790	1,805,900	1,853,800	1,859,475	1,838,040	1,883,465	2,261,570	2,276,520
December	1,315,230	1,858,175	1,675,155	1,686,710	1,979,775	1,848,400	1,856,895			2,366,650

Annual average	1,110,976	1,541,134	1,766,876	1,735,635	1,822,380	1,883,798	1,853,208	1,882,067	2,161,197	2,325,873

	1911	1912	1913	1914	1915
January	2,472,845		2,788,245	2,726,920
February	2,487,045	2,532,890	2,847,205	2,674,715
March	2,350,950		2,751,075	2,804,605
April	2,357,700		2,719,095	3,015,281
May	2,311,640
June	2,447,455		2,729,005	3,191,891
July	2,420,690	2,557,720	2,635,905
August	2,346,180
September	2,486,410
October	2,542,465	2,689,360	2,810,455
November	2,510,815		2,751,430		3,120,500^{13 November 1915}
December	2,622,825		2,567,375

Annual average

The bank continued to redeem its notes after the revolution. In February 1928 it still has $496,223 outstanding^{The Los Angeles Times, 16 February 1928}.

Incinerations

We have records of the following incinerations:

Date	$5	$10	$20	$50	$100	$500	$1,000	Total number	Total value $
31 October 1903									4,290
30 November 1904									4,665
31 July 1905									6,325
31 December 1905									12,760
January to June 1906									23,195
29 September 1906								2,082	26,545
January to June 1907								3,361	40,610
July to December 1907								3,456	69,915
January to June 1908								6,235	72,895
July to December 1908								5,008	47,160
January to June 1909								3,836	32,860
July to December 1909								9,709	96.815
January to June 1910								4,370	36,920
July to December 1910								6,120	66,795
January to June 1911								3,851	33,860
July to December 1911								6,410	79,020