Notes in circulation
The monthly balance sheets of the Banco Mercantil de Yucatán recorded the following information.
1890 | ||||||||||
January | ||||||||||
February | ||||||||||
March | - | |||||||||
April | 108,635 | |||||||||
May | 174,370 | |||||||||
June | 229,865 | |||||||||
July | 284,525 | |||||||||
August | 274,335 | |||||||||
September | 313,295 | |||||||||
October | 384,950 | |||||||||
November | 371,010 | |||||||||
December | 408,830 | |||||||||
Annual average | 249,981 |
1891 | 1892 | 1893 | 1894 | 1895 | 1896 | 1897 | 1898 | 1899 | 1900 | |
January | 388,060 | 334,105 | 505,806 | 576,656 | 766,132 | 908,191 | 904.436 | 1,088,139 | 1,313,880 | 1,541,991 |
February | 357,380 | 330,932 | 488,502 | 594,621 | 776,402 | 949,831 | 962,750 | 1,054,274 | 1,354,662 | 1,525,376 |
March | 307,325 | 355,500 | 509,719 | 606,097 | 779,745 | 971,675 | 984,506 | 1,079,628 | 1,407,079 | 1,673,468 |
April | 325,850 | 315,817 | 484,898 | 787,077 | 915,281 | 972,241 | 1,105,233 | 1,423,143 | 1,781,203 | |
May | 329,690 | 366,168 | 565,696 | 769,754 | 957,248 | 995,470 | 1,154,749 | 1,454,452 | 1,708,582 | |
June | 354,240 | 392,875 | 548,910 | 611,977 | 755,314 | 974,324 | 998.074 | 1,177,568 | 1,473,787 | 1,821,119 |
July | 339,590 | 453,819 | 537,455 | 527,633 | 721,676 | 917,547 | 992,382 | 1,274,479 | 1,475,878 | 1,916,537 |
August | 341,880 | 491,595 | 474,766 | 570,774 | 778,149 | 943,768 | 1,051,797 | 1,256,626 | 1,475,531 | 1,990,270 |
September | 357.805 | 485,916 | 478,914 | 436,986 | 910,716 | 981,797 | 1,073,305 | 1,284,910 | 1,458,383 | 2.033,842 |
October | 305,200 | 481,779 | 438,564 | 825,043 | 905,081 | 1,048,156 | 1,282.486 | 1,450,347 | 2,087,382 | |
November | 332,330 | 507,391 | 432,409 | 524,880 | 797,899 | 984,865 | 1,012,424 | 1,261,159 | 1,511,762 | 2,101,740 |
December | 328.865 | 507,675 | 513,263 | 658,312 | 823,525 | 976,371 | 1,089,159 | 1,283,257 | 1,527,071 | 2,141,608 |
Annual average | 339,013 |
418,631 | 498,241 | 569,104 | 790,952 | 953,831 | 1,007,058 | 1,191,875 | 1,443,914 | 1,858,009 |
1901 | 1902 | 1903 | 1904 | 1905 | 1906 | 1907 | 1908 |
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January | 2,096,814 | 1,835,496 | 2,425,142 | 1,591,322 | 3,113,579 | 2,879,453 | 2,284,836 | 1,883,787 | ||
February | 1,948,536 | 1,986,353 | 2,464,425 | 1,875,721 | 3,100,974 | 2,914,261 | 2,373,627 | 1.860.948 | ||
March | 1,893,798 | 1,798,588 | 2,386,198 | 2,131,734 | 3,148.194 | 2,811,292 | 2,216,662 | 1,837,019 | ||
April | 1,949,564 | 1,981,876 | 2,464,944 | 1,924,695 | 2,991,158 | 2,822,331 | 2,054,211 | |||
May | 1,906,216 | 1,638,475 | 2,466,069 | 1,869,041 | 3,161,344 | 2,603,592 | 2,429,400 | |||
June | 1,864,670 | 1,588,146 | 1.027,639 | 1,835,012 | 2,961,593 | 2,217.097 | 2,576,710 | |||
July | 1,972,560 | 1,676,882 | 1,393,358 | 1,897,486 | 2,849,280 | 2,256,027 | 2,175,855 | |||
August | 1,903,082 | 1,737,502 | 1,384,523 | 2,128,254 | 2,646,725 | 2,169,040 | 2,124,031 | |||
September | 2,014,927 | 1,844,297 | 1,376,492 | 2,292,158 | 2,697,252 | 2,022,824 | 2,205,440 | |||
October | 1,783,776 | 2,107,680 | 1,615,451 | 2,421,447 | 3,037,241 | 1,949,822 | 2,031,484 | |||
November | 1,561,099 | 2,418,723 | 1,776,394 | 2,740,305 | 2,992,554 | 2,127,118 | 1,893,154 | |||
December | 1,721,689 | 2,311,582 | 1,750,658 | 2,964,906 | 2,888,223 | 2,437,083 | 1,866,949 | |||
Annual average | 1,884,727 |
1,910,466 | 1,873,441 | 2,139,340 | 2,965,684 | 2,436,661 | 1,866,949 |
Up to 31 December 1899 the bank had issued $1,799,000 and amortised $49,000.00, leaving $1,750,000 ($1,527,071 in circulation and $222,929 in its vaultsMemorias de las Instituciones de Crédito correspondientes á los años de 1897-1899, tomo II.
On 31 December 1904 the bank had 43,200 notes with a value of $1,630,000 in the caja del Interventor, 5,602 notes worth $365,020 in the caja del Banco, 4,967 notes worth $40,074 put aside as imperfect, and 96, 224 notes with a total value of $2,964,906 in circulation (so 149,993 notes for $5,000,000)Memorias de las Instituciones de Crédito correspondientes á los años de 1904-1906, vol. I, tomo 1. On 30 June 1905 the figures were 40,000 notes with a value of $1,230,000 in the caja del Interventor, 9.006 notes worth $757,155 in the caja del Banco, 6,209 notes worth $51,252 put aside as imperfect, and 94, 778 notes with a total value of $2,961,593 in circulation (so still 149,993 notes for $5,000,000)ibid.. On 31 December 1905 the figures were 24,500 notes with a value of $1,230,000 in the caja del Interventor, 18.807 notes worth $809,210 in the caja del Banco, 8,376 notes worth $72,567 put aside as imperfect, and [ ] notes with a total value of $2,888,223 in circulation (so still 149,993 notes for $5,000,000)ibid.. On 30 June 1906 the figures were 24,500 notes with a value of $1,230,000 in the caja del Interventor, 30,009 notes worth $1,459,630 in the caja del Banco, 4,062 notes worth $43,273 put aside as imperfect, and 85,403 notes with a total value of $2,217,097 (so now 143,974 notes for $4,950,000 since 6, 019 notes worth $50,000 had been incinerated on 21 June)ibid.. On 31 December 1906 the figures were 43,900 notes with a value of $[ ] in the caja del Interventor. 3,812 notes worth $[ ] in the caja del Banco, 5,808 notes worth $65,607 put aside as imperfect, and 90,454 notes with a total value of $2,437,083 in circulation (so still 143,974 notes for $4,850,000)ibid.. On 30 June 1907 the figures were 33,150 notes with a value of $2,000,000 in the caja del Interventor,18,014 notes worth $295,565 in the caja del Banco, 7,013 notes worth $77,725 put aside as imperfect, and 85,797 notes with a total value of $2,576,710 in circulation (so 143,974 notes for $4,950,000)Memoria de las Instituciones de Crédito correspondiente al año 1907. On 31 December 1907 the figures were 32,150 notes with a value of $1,500,000 in the caja del Interventor, 20,447 notes worth $1,501,450 in the caja del Banco, 7,472 notes worth $81,601 put aside as imperfect, and 83,905 notes with a total value of $1,866,949 in circulation (so 143,974 notes for $4,950,000)ibid..
Number of notes
31 December 1904 | 30 June 1905 | 31 December 1905 | 30 June 1906 | 31 December 1906 | 30 June 1907 | 31 December 1907 | |
with Interventor | 43,200 | 40,000 | 24,500 | 24,500 | 43,900 | 33,150 | 32,150 |
in caja del Banco | 5,602 | 9,006 | 18,807 | 30,009 | 3,812 | 18,014 | 20,447 |
awaiting destruction | 4,967 | 6,209 | 8,376 | 4,062 | 5,808 | 7,013 | 7,472 |
in circulation | 96,224 | 94,778 | 98,310 | 85,403 | 90,454 | 85,797 | 83,905 |
Total | 149,993 | 149,993 | 149,993 | 143,974 | 143,974 | 143,974 | 143,974 |
movement
31 December 1904 | 30 June 1905 | 31 December 1905 | 30 June 1906 | 31 December 1906 | 30 June 1907 | 31 December 1907 | |
with Interventor | (3,200) | (15,500) | 19,400 | (10,750) | (1,000) | ||
in caja del Banco | 3,404 | 9,801 | 11,202 | (26,197) | 14,202 | 2,433 | |
awaiting destruction | 1,242 | 2,167 | (4,314) | 1,746 | 1,205 | 459 | |
in circulation | (1,446) | 3,532 | (12,907) | 5,051 | (4,657) | (1,892) | |
Total |
Value of notes
31 December 1904 | 30 June 1905 | 31 December 1905 | 30 June 1906 | 31 December 1906 | 30 June 1907 | 31 December 1907 | |
with Interventor | 1,630,000 | 1,230,000 | 1,230,000 | 1,230,000 | 1,330,000 | 2,000,000 | 1,500,000 |
in caja del Banco | 365,020 | 757,155 | 809,210 | 1,459,630 | 1,117,310 | 295,565 | 1,501,450 |
awaiting destruction | 40,074 | 51,252 | 72,567 | 43,273 | 65,607 | 77,725 | 81,601 |
in circulation | 2,964,906 | 2,961,593 | 2,888,223 | 2,217,097 | 2,437,083 | 2,576,710 | 1,866,949 |
Total | 5,000,000 | 5,000,000 | 5,000,000 | 4,950,000 | 4,950,000 | 4,950,000 | 4,950,000 |
movement
31 December 1904 | 30 June 1905 | 31 December 1905 | 30 June 1906 | 31 December 1906 | 30 June 1907 | 31 December 1907 | |
with Interventor | (400,000) | 100,000 | 670,000 | (500,000) | |||
in caja del Banco | 392,135 | 52,055 | 650,420 | (342,320) | (821,745) | 1,205,885 | |
awaiting destruction | 11,178 | 21,315 | (29,294) | 22,334 | 12,118 | 3,876 | |
in circulation | (3,313) | (73,370) | (671,126) | 219,986 | 139,627 | (709,761) | |
Total |