Notes in circulation

The monthly balance sheets of the Banco Peninsular Mexicano recorded the following information.

       
 
  1908 1909  1910
January                 4,174,762 4,117,994
February                 4,185,714 4,199,813
March                 4,231,124 4,029,656
April               5,348,935 3,972,513 3,961,012
May               5,642,795 4,083,853 4,125,416
June               5,514,385 4,291,178 4,000,276
July               5,313,910 3,797,645 3,909,043
August               5,327,550 3,826,596 3,990,421
September                 3,777,551 4,267,524
October               5,474,662 4,059,821 3,696,577
November               5,460,393 4,084,300 3,572,730
December               5,320,542 4,028,655 3,337,490
                     
Annual average
 

 
  4,084,568
4,042,809 3,933,996

 

  1911 1912 1913 1914
 1915
 
   
January 3,441,720   3,407,673 4,169,928            
February 3,322,900 3,354,635 3,507,666 4,120,306 5,838,916          
March 3,330.909 3,440,335 3,726,331 3,999,690            
April 3,145,015   4,296,916 4,464,541            
May 3,367,639 3,409,440   6,233,143            
June 3,389,347 3,416,615   6,673,576            
July 3,343,247 3,160,634   6,686,196            
August 3,344,132   4,336,827 6,571,849            
September 3,309,880     5,893,425            
October 3,238,074 3,227,583   6,051,369            
November 3,147,721 3,276,111 5,197,496              
December 3.050.394 3,446,849 4,515,706 5,901,043            
                     
Annual average
 

 
 
   

 

 The bank continued to redeem its notes after the revolution. In February 1928 it still had outstanding $1,065,663The Los Angeles Times, 18 February 1928. The newspaper actually says $1,065,66361.