Issues of El Banco Mercantil Mexicano

$1 notes

Mercantil Mexicano 1 A 88260

The vignette is of the goddess Irene, the goddess of peace.

Date on note Series from to Presidente Tesorero Gerente  
1 June 1882
A     Gargollo Usandiraga Collado includes number 43980, overprihted SAN LUIS POTOSI
1 July 1882 A     F. Mar[  ] Usandiraga Collado includes number 01509
1 October 1882 A            
1 December 1882 A     de la Fuente Usandiraga Collado

includes number 40342, overprinted San Luis Potosí

1 March 1883 A            
1 July 1883       Gargollo Usandiraga Collado includes numbers 88244 and 88260,  both overprinted PAGADERO en la Sucursal de VERACRUZ (illustrated above)

 $5 notes

Mercantil Mexicano 5 A 102848

Date on note Series from to Presidente Tesorero Gerente  
1 June 1882
A      Gargolio Usandiraga Collado known overprinted QUERETARO

$10 notes

Mercantil Mexicano 10 A 05167

Date on note Series from to Presidente Tesorero Gerente  
1 June 1882
A     Gargolio  Usandiraga  Collado   

$20 notes

Mercantil Mexicano 20 A 75432

Date on note Series from to Presidente Tesorero Gerente  
1 June 1882  A      Gargolio Usandiraga  Collado  known overprinted GUANAJUATO

$50 notes

Date on note Series from to Presidente Tesorero Gerente  

A            

$100 notes

Date on note Series from to Presidente Tesorero Gerente  

A            

$500 notes

Date on note Series from to Presidente Tesorero Gerente  

A            

$1000 notes

Date on note Series from to Presidente Tesorero Gerente  

A            

 

When the Banco Mercantil Mexicano merged with the Banco Nacional Mexicano to form the Banco Nacional de México, it had $4,084, 084 in circulation and another $1,004,675 within the bank, making a total of $5,088,759. Most of this had been withdrawn by the end of 1899 Memoria de las Instituciones de Credito, 1897-1899, Tomo III.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.