Private issues (La Paz)

La Paz

Antonio Ruffo

On 10 April Otto Rach, for Antonio RuffoAntonio Ruffo (1841-1926) was the most prominient businessman in La Paz. His store was “La Perla de La Paz" acknowledged 3,625 vales with a total value of $1,000ABCS, Gobernación, vol. 642, exp. 150, so suggests

  Number Value Total  
Antonio Ruffo    650 5c $32.50    $1,000.00
775 10c 77.50
700 20c 140.00
1,500 50c 750.00

 

On 30 June 1915 (below) the company agreed to issue a further $6,000.

On 8 August 1916 Antonio Ruffo handed in to the Comandancia Militar $1,000 in vales that it had issued, and which had been withdrawn in accordance with the circular of 21 (sic) July, to be incineratedABCS, Gobernación, vol. 658 2/2, exp.190.

Rocholl, Ruffo y Compañía

On 12 April Rocholl, Ruffo y Compañía The tannery Viosca y Compañía was founded in 1903. In 1912 when Santiago Viosca died, Antonio Ruffo, who was a shareholder, arranged with Santiago’s widow, Isabel, to wind up the old company (on 21 August 1912) with Antonio Ruffo, William H. Rocholl, Arturo C. Nahl and a new shareholder, Max Hach, taking on the assets and liabilities under a new concern, Rocholl, Ruffo y Companía (ABCS, Ayuntamiento, D. 167. 124 Acta Constitutiva) acknowledged $1,00.00, suggesting

  Number Value Total  
Rocholl, Ruffo y Compañía    650 5c $32.50    $1,000.00
775 10c 77.50
700 20c 140.00
1,500 50c 750.00

We known of just one example of a vale issued pursuant to the agreement of 31 March, namely a cartón for 10 centavos issued by Rocholl, Ruffo y Cia. (who were one of the signatories to the agreement) and valid until 31 August.

Rocholl Ruffo 10c reverse

On 8 August 1916 Rocholl, Ruffo y Cia. handed in to the Comandancia Militar $1,000 in vales that it had issued, and which had been withdrawn in accordance with the circular of 21 (sic) July, to be incineratedABCS, Gobernación, vol. 658 2/2, exp.190.

M. González e hijos Sucrs.

On 12 April acknowledged Filemón C. Pineda acknowleged $1,000.00ABCS, Gobernación, vol. 642, exp. 150, so M. González e hijos Sucrs.

  Number Value Total  
M. González e hijos Sucrs   650 5c $32.50    $1,000.00
775 10c 77.50
700 20c 140.00
1,500 50c 750.00


There was a second printing of $790.00, and on 30 June (below) the company agreed to issue a further $5,000.

The catalogues record, but do not illustrate, a 10c note from M. González e Hijos 10c.

On 8 August 1916 M. González e hijos, sucrs., handed in to the Comandancia Militar $2,000 in vales that it had issued, and which had been withdrawn in accordance with the circular of 21 (sic) July, to be incineratedABCS, Gobernación, vol. 658 2/2, exp.190.

Felipe R. Cota

And 10 April acknowledged $1,000ABCS, Gobernación, vol. 642, exp. 150, suggesting

  Number Value Total  
Felipe R. Cota  650 5c $32.50    $1,000.00
775 10c 77.50
700 20c 140.00
1,500 50c 750.00

On 30 June (below) the company agreed to issue another $1,000.

On 20 May the government printing office (Imprenta del Gobierno) sent details of the vales it had printedABCS, Gobernación, vol. 642, exp. 150 letter F M González, Director to Secretario of Jefatura Política, 20 May 1915. They included for La Paz

M. González e Hijos, Sucs  $1,000.00
790.00
Rocholl, Ruffo y Cia 1,000.00
Antonio Ruffo 1,000.00
Felipe R. Cota 1,000.00

On 30 June a meeting of merchants, summoned by Jefe Político Eduardo Burns, noted that the commercial vales had mainly disappeared from circulation, so it was agreed that
(1) that the four casas comerciales of Antonio. Ruffo, M. González e hijos, Sucrs., Felipe. R. Cota and Eduardo S. CarrilloEduardo S. Carrillo owned “El Emporio” would make a new issue of $14,000 as follows:

M. González e hijos, Sucs $5,000.00
Antonio Ruffo $6,000.00
Felipe R. Cota $2,000.00
Eduardo S. Carrillo $1,000.00

(2) the vales already issued would remain in circulation until the date already fixed, and collected by the issuersABCS, Gobernación, vol. 642, exp. 150. On 2 July the news was circulated to the Presidente Municipales of San José del Cabo, Todos Santos and El Triunfo, who were asked to find out if local businesses wanted to do the sameABCS, Gobernación, vol. 642, exp. 150.

On 2 August Urbano Angulo decreed in his decree núm. 2 that these vales should remain in circulation until 31 October .

On 25 October the accidental Comandante Militar, J. L.Yagomín,  summoned Antonio Ruffo, M. González e hijos, Sucs., Rocholl, Ruffo & Co., Felipe R. Cota and Eduardo S. Carrillo to a meeting to discuss the local vales ABCS, Gobernación, vol. 642, exp. 150. At the meeting were Filemón C. Piñeda, representing Miguel González é hijos Sucesores; Guillermo Westerman, representing Rocholl Ruffo & Co., Otto Hach representing Antonio Ruffo; Aristeo Carlos Mendoza representing Felipe R. Cota and Eduardo S. Carrillo, for himself. The Comandante Militar said that according to his decree núm. 2 the vales were valid until 31 October but since it would be would be prejudicial to commerce to withdraw them they should remain in circulation until the Comandante Militar, Urbano Angulo, returned to town and could decide what to do. The others agreed and said they would notify the publicABCS, Gobernación, vol. 642, exp. 150.

On 20 January 1916 the Comandante Militar, Urbano Angulo, sent a circular to the businesses of Antonio Ruffo, Miguel González e Hijos Sucs., Felipe R. Cota, Rocholl, Ruffo y Cia. and Eduardo S. Carrillo, that since their vales had completely deteriorated, they should withdraw them with the greatest speedABCS, Gobernación, vol. 658 2/2, exp.189: the circular (Circular que ordena retirar el papel-moneda fraccionario de algunas casas comerciales, La Paz, 20 January 1916) is at ABCS, Gobernación, vol. 658, exp. 190 but unavailable because of the state of deterioration.

However, it was not until 20 July that Urbano Angulo, noting that public employees were now being paid in silver, gave the holders of these private vales ten days to redeem them at the casas that had issued them and told the casas themselves to present them at the Comandancia Militar on 31 July. Soon after $3,000 were incineratedABCS, Gobernación, vol. 658 2/2, exp.190.