Notes in circulation

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

      1903 1904 1905 1906 1907 1908 1909  1910
January       554,945 903,265 1,005,375 1,131,340 1,119,500 959,560 1,087,100
February       660,575 895,460 1,041,935 1,156,020 1,101,925  972,720 991,820
March       762,835 905,565 1,088,995 1,152,615 965,555  941,460  
April        743,330 908,360 1,139,980  1,103,760 907,120 927,750 957,855
May       777,345 867,070 1,163,245 1,089,655  896,125  994,700 902,170
June       679,735 896,540 1,151,330  1,121,315  926,175  1,049,240  878,355
July     10,850  668,760 878,995 1,154,200  1,107,795  932,430 1,031,190 850,375
August     349,100 751,825 871,920 1,129,885 1,059,865    1,107,455 756,685
September     225,885 769,010 886,885 1,101,535  1,027,960   1,114,795 816,195
October      298,590 877,505 908,750 1,096,515 1,086,885 912,620  1,098,355 800.130
November      370,695 860,695  952,745 1,165,220 1,099,750  912,115 1,116,220 743,495
December      462,080 958,100 996,470 1,153,840 1,071,035  907,735 1,062,835 752,500
                     
Annual average
 
755,389
906,002 1,116,005 1,100,666 954,929 1,031,357 873,055

 

   1911 1912 1913 1914 1915  
     
January 758,745   802,190 948,270            
February  778,895 736,235   1,098,025            
March 792,790     1,248,858            
April  749,450     1,411,082            
May 769,540     1,635,795            
June  709,275     1,635,795            
July 681,000                  
August 671,410                  
September  697.665   664,125              
October  659,880       2,101,388          
November 668,025   685,080              
December  727,035   804,525              
                     
Annual average
 

           

 

The bank continued to redeem its notes after the revolution. In February 1928 it still has $934,049 outstandingThe Los Angeles Times, 16 February 1928.