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 | 30,955 |
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August | 62,495 | |||||||||
September | 60,900 | 20,860 | ||||||||
October | 58,930 | 29,710 |
20,600 | |||||||
November | 57,710 | 27,755 |
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December | 56,025 | 27,430 |
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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After the Banco Oriental de México absorbed the Banco de Oaxaca in June 1909 it will have gradually withdrawn its notes from circulation.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.
Acta |
$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 | 640 | 40,000 | 200,000 | 200,000 | ||||||||
3 June 1910$200,000 in total of notes of the Banco de Chiapas and Banco de Oaxaca | 645 | |||||||||||
13 June 1911AGN, SC224 Antiguos Bancos de Emisión, caja 1407, libro 2284 minutes of board meeting 12 June 1911 | 714 | 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) | 731 | 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 | 766 | 900 | 4,500 | 350 | 3,500 | 100 | 2,000 | 10,000 |