Notes in circulation
The monthly balance sheets of the Banco Peninsular Mexicano recorded the following information.
1908 | 1909 | 1910 | ||||||||
January | 4,174,762 | 4,117,994 | ||||||||
February | 4,185,714 | 4,199,813 | ||||||||
March | 4,231,124 | 4,029,656 | ||||||||
April | 5,348,935 | 3,972,513 | 3,961,012 | |||||||
May | 5,642,795 | 4,083,853 | 4,125,416 | |||||||
June | 5,514,385 | 4,291,178 | 4,000,276 | |||||||
July | 5,313,910 | 3,797,645 | 3,909,043 | |||||||
August | 5,327,550 | 3,826,596 | 3,990,421 | |||||||
September | 3,777,551 | 4,267,524 | ||||||||
October | 5,474,662 | 4,059,821 | 3,696,577 | |||||||
November | 5,460,393 | 4,084,300 | 3,572,730 | |||||||
December | 5,320,542 | 4,028,655 | 3,337,490 | |||||||
Annual average | 4,084,568 |
4,042,809 | 3,933,996 |
1911 | 1912 | 1913 | 1914 |
1915 | ||||||
January | 3,441,720 | 3,407,673 | 4,169,928 | |||||||
February | 3,322,900 | 3,354,635 | 3,507,666 | 4,120,306 | 5,838,916 | |||||
March | 3,330.909 | 3,440,335 | 3,726,331 | 3,999,690 | ||||||
April | 3,145,015 | 4,296,916 | 4,464,541 | |||||||
May | 3,367,639 | 3,409,440 | 6,233,143 | |||||||
June | 3,389,347 | 3,416,615 | 6,673,576 | |||||||
July | 3,343,247 | 3,160,634 | 6,686,196 | |||||||
August | 3,344,132 | 4,336,827 | 6,571,849 | |||||||
September | 3,309,880 | 5,893,425 | ||||||||
October | 3,238,074 | 3,227,583 | 6,051,369 | |||||||
November | 3,147,721 | 3,276,111 | 5,197,496 | |||||||
December | 3,050,394 | 3,446,849 | 4,515,706 | 5,901,043 | ||||||
Annual average |
The bank continued to redeem its notes after the revolution. In February 1928 it still had outstanding $1,065,663The Los Angeles Times, 18 February 1928. The newspaper actually says $1,065,66361.
On 30 June 1908 the bank had 225,774 notes with a value of $10,178,526 in the caja del Banco, 10,090 notes with a value of $91,480 in its branch in Campeche, and 264,196 notes with a total value of $5,514,385 in circulation, making a total issue of 500,000 notes worth $15,784,391 (all being notes of the Banco Yucateco or Banco Mercantil de Yucatan. In addition it had 79,899 notes with a value of $2,234,990 in the caja del InterventorMemoria de las Instituciones de Crédito correspondiente al año de 1908, vol I..
On 31 December 1908 the bank had 213,284 notes with a value of $10,366,952 in the caja del Banco, 9,930 notes with a value of $95,825 in its branch in Campeche, and 276,578 notes with a total value of $5,320,542 in circulation, making a total issue of 499,788 notes worth $15,783,319. In addition there was still 79,899 notes with a value of $2,234,990 in the caja del Interventoribid..
On 30 June 1909 the bank had 299.175 notes with a value of $11,818,711 in the caja del Banco, 4,742 notes with a value of $58,420 in its branch in Campeche, and 253,370 notes with a total value of $4,291,178 in circulation, making a total issue of 557,287 notes worth $16,168,309 (all being notes of the Banco Yucateco or Banco Mercantil de Yucatan. Memoria de las Instituciones de Crédito correspondiente al año de 1909, vol I..
On 31 December 1909 the bank had 291,539 notes with a value of $11,883,365 in the caja del Banco, 5,650 notes with a value of $82,850 in its branch in Campeche, and 234,520 notes with a total value of $4.028,655 in circulation, making a total issue of 531,709 notes worth $15,994,870.ibid..
On 30 June 1910 the bank had 262,361 notes with a value of $10,189,858 in the caja del Banco, 5,274 notes with a value of $48,675 in its branch in Campeche, and 216,171 notes with a total value of $4.000,276 in circulation, making a total issue of 483,806 notes worth $14,238,809, since 47,903 notes, with a total value of $1,756,061 had been incinerated. In addition there were 21,400 notes with a total value of $1,850,000 in the caja del InterventorMemoria de las Instituciones de Crédito correspondiente al año de 1909, vol I...
During the second half of 1910 the bank amortized 57,701.25 notes of the Banco Yucateco (with a value of $4,081,134) and 20,147 of the Banco Mercantil de Yucatán ($105,789). So in 31 December the total was $10,051,886 ($5,306,675 in Banco Yucateco notes and $4,745,211 in Banco Mercantil de Yucatán notes). The amount in the cajas was made up of 117,269 Banco Yucateco notes ($2,747,710) and 99,884 Banco Mercantil de Yucatán notes ($3,966,686). $3,337,490 was in circulationMemoria de las Instituciones de Crédito correspondiente al año 1910.
Number of notes
30 June 1908 | 31 December 1908 | 30 June 1909 | 31 December 1909 | 30 June 1910 | 31 December 1910 | 30 June 1911 | 31 December 1911 | |
with Interventor | 79,899 | 79,899 | 21,400 | |||||
in bank's caja | 225,774 | 213,284 | 299,175 | 291,539 | 262,361 | 217,153composed of 117,269 Banco Yucateco notes with a value of $2,747,710 and 99,884 Banco Mercantil de Yucatán with a value of $3,966,686 (Memoria de las Instituciones de Crédito correspondiente al año 1911) | ||
in Campeche branch | 10,090 | 9,930 | 4,742 | 5,650 | 5,274 | |||
in circulation | 264,196 | 276,587 | 253,370 | 234,520 | 216,171 | |||
Total | 500,060 | 499,801 | 557,287 | 531,709 | 483,806composed of 350,423 Banco Yucateco notes with a value of $9,387,809 and 133,383 Banco Mercantil de Yucatán with a value of $4,851,000 (Memoria de las Instituciones de Crédito correspondiente al año 1910) | 405,958 |
movement
30 June 1908 | 31 December 1908 | 30 June 1909 | 31 December 1909 | 30 June 1910 | 31 December 1910 | 30 June 1911 | 31 December 1911 | |
with Interventor | ||||||||
in bank's caja | (12,490) | 85,891 | (7,636) | (29,178) | (50,482) | |||
in Campeche branch | (160) | (5,188) | 908 | (376 | ||||
in circulation | 12,391 | (23,217) | (18,850) | (18,349) | ||||
Total | (259) | 57,486 | (25,578) | (47,903) | (77,848)rounded, composed of 57,701.25 Banco Yucateco and 20,147 Banco Mercantil de Yucatán notes |
Value of notes
30 June 1908 | 31 December 1908 | 30 June 1909 | 31 December 1909 | 30 June 1910 | 31 December 1910 | 30 June 1911 | 31 December 1911 | |
with Interventor | 2,234,990 | 2,234,990 | 1,850,000 | |||||
in bank's caja | 10,178,526 | 10,366,952 | 11,818,711 | 11,883,365 | 10,189,858 | 6,714,396composed of 117,269 Banco Yucateco notes with a value of $2,747,710 and 99,884 Banco Mercantil de Yucatán with a value of $3,966,686 (Memoria de las Instituciones de Crédito correspondiente al año 1911) | ||
in Campeche branch | 91,480 | 95,825 | 58,420 | 82,850 | 48,675 | |||
in circulation | 5,514,385 | 5,320,542 | 4,291,178 | 4,028,655 | 4,000,276 | 3,337,490 | ||
Total | 15,784,391 | 15,783,319 | 16,168,309 | 15,994,870 | 14,238,809composed of 350,423 Banco Yucateco notes with a value of $9,387,809 and 133,383 Banco Mercantil de Yucatán with a value of $4,851,000 (Memoria de las Instituciones de Crédito correspondiente al año 1910) | 10,051,886composed of Banco Yucateco notes with a value of $5,306,675 and Banco Mercantil de Yucatán with a value of $4,745,211 (Memoria de las Instituciones de Crédito correspondiente al año 1911) | 9,906,785 | 9,708,859 |
movement
30 June 1908 | 31 December 1908 | 30 June 1909 | 31 December 1909 | 30 June 1910 | 31 December 1910 | 30 June 1911 | 31 December 1911 | |
with Interventor | ||||||||
in bank's caja | 188,426 | 1,451,759 | 64,654 | (1,693,507) | (3,524,137) | |||
in Campeche branch | 4,345 | (37,405) | 24,430 | (34,175) | ||||
in circulation | (193,843) | (1,029,364) | (262,523) | (28,379) | (662,486) | |||
Total | (1,072) | 384,990 | (173,439) | (1,756,061) | (4,186,923) | (145,101) | (197,926) |