Notes in circulation

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

      1903 1904 1905 1906 1907 1908 1909  1910
January       431,150 501.090 767,890 986,070 1,032,170 901,835 240,770
February       473,610 550,170 754,060  987,515 1,007,965   214,185
March       432,650 520,730 876,640 940,675 1,064,300  898,865 195,425
April       479,705 569,925 790,395  954,045 938,995 954,975  177,220
May     46,850 536,635  496,680 914,420  975,610 997,680   171,905
June     125,210 516,715 563,750  901,320 931,260 956,715 920,990included in Banco Oriental de México's returns 150,440
July     223,535  511,235 572,050 922,805 932,995 971,995 663,160  
August     270,100  527,825 608,485 934,970  997.260 890,825 519,295  
September     311,335 562,035 716,475  945,930 1,077,900 841,610 430,925  
October     399,370 514,690 739,940 991,550 1,129,540 803,835 366,700  
November     418,125 521,365 765,675 996.005 1,006,410 815,640 316,335  
December     457,715 537,665 812,515 987,735 988,540 924,650 289,600  
                     
Annual average

187,687 503,773 618,124 898,643 997,013 937,198 929,182  

 

  1911  1912 1913
1914            
January 88,245     23,800            
February 84.315   34,650 23,000            
March  78.875     22,000            
April 77,350   33,360 21,705            
May  72,795  
             
June 68,805  
             
July  65,425  
             
August  62,495  
             
September  60,900  
20,860            
October  58,930   29,710
             
November  57,710   27,755
             
December  56,025   27,430
             
                     
Annual average


             

 

Incinerations

After the Banco Oriental de México absorbed the Banco de Oaxaca in June 1909 it will have gradually withdrawn its notes from circulation. The bank recorded the following incinerations.

  $5
$10 $20 $50 $100 Total
  No $ No $ No $ No $ No $ $
9 December 1909informe in Memoria de las Instituciones de Crédito, 1909                     615,000
26 April 1910{AGN, SC224 Antiguos Bancos de Emisión, caja 818, libro 1488 minutes of meeting of board of Banco Oriental de Mexico 25 April 1910 40,000 200,000                 200,000
3 June 1910$200,000 in total of notes of the Banco de Chiapas and Banco de Oaxaca                      
13 June 1911AGN, SC224 Antiguos Bancos de Emisión, caja 1407, libro 2284 minutes of board meeting 12 June 1911 9,000 45,000 4,000 40,000             85,000
1 September 1911authorised by R. Ramírez de Aguilar, Jefe de Hacienda, acting as interim Interventor (informe in Memoria de las Instituciones de Crédito, 1911) 1,000 5,000 700 7.000 900 18,000 200 10,000 200 20,000 60,000
28 December 1911informe in Memoria de las Instituciones de Crédito, 1911 900 4,500 350 3,500 100 2,000         10,000