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Private issues

Monterrey

Molinos para nixtamal (Nixtamal mills)

In Monterrey the lack of small change had severe repercussions in the markets, such as in the sale of nixtamal (corn cooked in an alkaline solution that is used to make masa and tortillas). The smallest coin in circulation was the five centavos so on 24 September 1914 the nixtamel sellers complained about the lack of one and two centavo coins, that were used by their customers.

As a solution the governor, Antonio I. Villarreal, authorised them to produce notes of one or two centavos, stamped by the Presidencia Municipal, to a total of one hundred pesosANL, Concluidos, 1914.

The only known surviving example is a one centavo note, measuring 47mm x 25mm, from the firm of Garza Flores Hermanos. This was (poorly) illustrated in Gaytan’s Paper Currency of Mexico catalogue and sold in Richard Long’s 1974 auction.

El Dado

  from to total
number
total
value
 
20c         includes number 245

 

El Dado was a cantina. Note number 245 was stamped MAURICE M. BARON and dated 15 September 1915 on the reverse. Baron marketed a tamarind syrup as a medicine against fever which he trademarked in the United States in August 1922Official Gazette of the United States Patent Office, vol. 301.

La Compañía de Tranvias Luz y Fuerza Motriz de Monterrey

Is there any information that the tram company’s tickets were used as a substitute for small change, as occurred elsewhere in Mexico? The only piece to fit this narrative is a one centavo note, possibly too small for the price of a passage and so presumably given as change.

  from to total
number
total
value
 
1c         includes number 7276

 

The other pieces in the catalogues date from the mid 1915. They show that the company sold its tickets in strips and that they were to be used within a certain period (i.e. valid until the end of March, August etc).