Issues of El Banco Nacional Mexicano

 $1 notes

Date on note Series from to Interventor Director Cajero  
20 February 1882             Known overprinted and needle-punched VERACRUZ
23 February 1882 A1     Zentero Guzman de Muralt  
E1     Romero     Known overprinted and needle-punched VERACRUZ
1 July 1882 M1     Zentero    de Muralt includes 892, overprinted San Luis Potosí
T1     Romero Bermejillo de Muralt  
10 July 1882 S1     Zentero Bermejillo de Muralt includes number 032
31 October 1882 X1     Romero de Muralt de Muralt Known overprinted and needle-punched VERACRUZ
A1     Romero Guzman de Muralt Known overprinted and needle-punched VERACRUZ
C2     Zentero Bermejillo de Muralt Known overprinted and needle-punched VERACRUZ
P2     Romero Bermejillo de Muralt  

 $2 notes

Date on note Series from to Interventor Director Cajero  
[              ] 1882 G1     Zentero Bernajillos  de Muralt includes number 749  overprinted and needle-punched VERACRUZ
31 October 1882             Known overprinted and needle-punched VERACRUZ

$5 notes

Date on note Series from to Interventor Director Cajero  

             

 $10 notes

Date on note Series from to Interventor Director Cajero  
10 February 1882
      Zentero Guzman    
10 February 1883 D2     Zentero Guzman de Muralt  includes number 946

$20 notes

Date on note Series from to Interventor Director Cajero  

             

$50 notes

Date on note Series from to Interventor Director Cajero  

             

$100 notes

Date on note Series from to Interventor Director Cajero  

             

$500 notes

Date on note Series from to Interventor Director Cajero  

             

$1,000 notes

Date on note Series from to Interventor Director Cajero  

Notes in circulation and withdrawals

On 18 March 1883 rumours circulated that the bank had insufficient funds and some holders of notes rushed to change them into coin. However, the bank reassured the public and the Banco de Londres, México y Sud América offered to announce that they were accepting Banco Nacional Mexicano notesEl Fronterizo, Tucson, 6 April 1883.

The bank was the only one to publish a monthly balancesheet so we know of the following figures for notes in circulation:

  1882 1883 1884
January   2,856,440 2,683,339
February 399,670 2,868,276El Siglo Diez y Nueve, 5 March 1883{/foonote} 2,716,848
March 744,454 1,719,809El Fronterizo, Tucson, 4 May 1883 2,569,534
April 1,091,142 1,853,168El Siglo Diez y Nueve, 4 May 1883; El Fronterizo, Tucson, 1 June 1883 2,088,854on 1 May, El Siglo Diez y Nueve, 6 May 1884
May 1,570,999El Siglo Diez y Nueve, 6 June 1882; La Voz de México, 10 June 1882{/foonote} 2,029,741 2,236,897
June 2,062,520El Siglo Diez y Nueve, 5 July 1882{/foonote} 2,187,931  
July 2,607,537El Siglo Diez y Nueve, 3 August 1882{/foonote} 2,118,923  
August 3,153,394 2,403,380  
September 3,312,120 2,170,585  
October 3,561,226 2,508,752  
November 3,184,738El Fronterizo, Tucson, 19 January 1883
2,318,737El Siglo Diez y Nueve, 6 December 1883{/foonote}   
December 3,194,419El Fronterizo, Tucson, 9 February 1883 2,236,897El Monitor Republicano, 30 January 1884  

 

When the Banco Nacional Mexicano merged with the Banco Mercantil Mexicano to form the Banco Nacional de México, it had $2,236,897 in circulation and another $3,468,103 within the bank, making a total of $5,705.00. 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.