Notes in circulation

The monthly balance sheets of the Banco de Hidalgo recorded the following information.

    1902 1903 1904 1905 1906 1907 1908 1909 1910
January     340,885 565,130 835,350 950,055 810,745 781,595 834,520 933,890
February     390,700  565,575 906,000 922,835 867.060  820,400 799,750 879,090
March     436,725  581,250  872,550 886,045  836,115  789,180 774,675 879,920
April     464,450  653,795 917,345 887,680 877,815 831,910 748,345 945,035
May     550,955 686,210 878,570 885,960 906,530  882,205 766,815 941,200
June     553,235  699,195 863,875 884,550 878,040  845,550 807,470 970.445
July      573,935  764,585 936,090 865,575 861,350 845,590  826,815 1,017,870
August     592,545  784,515  939,935 824,375  836,240 799,235 842,100 986,965
September     611,330 805,220 894,090 840,865 836,265 785,735 855,145 953,655
October     594,235 834,030 898,260  820,465 875,880 800,180 933,890  970,515
November   262,910 586,655 844,065  924,850 800,540 834,580  769,255 873,945 914,335
December   208,415  636,280 849,330 974,445 776,110 803,050 769,640 922,690 931,615
                     
Annual average
168,797
527,660 719,408 903,447 862,088 851,973 810,039 827,142 943,711

 

  1911 1912 1913 1914 1915
         
January  876,000     1,581,460            
February  919,135 792,815   1,591,025            
March 873,695     1,613,060            
April  857,530 817,115   1,603,525            
May  866,455 836,575 744,320 2,650,860            
June  828,595 796,710   2,640,199            
July  848,275 774,085 709,280              
August 821,450 750,565 690,205              
September 875,795   882,605              
October 880,575 742,535                
November  828,350   691,345   1,629,16412 November 1915          
December 875,495 721,235 816,885              
                     
Annual average

   
         

 

The bank continued to redeem its notes after the revolution. In February 1928 it still has $349,610 outstandingThe Los Angeles Times, 16 February 1928.