NcXxXxXxXxXx'X'‘X'ci"-XxX'cXxX)Tcl'crcXxixrcrTcXxXxXxi'crA Paper *owl DEVOTED TO THE STUDY OF CURRENCY One of the Montana bank notes, drafts, scrip and warrants listed by Harry G. Wigington in the SPMC obsolete note cataloging project in this issue. No. 2 ..11 Whole No. 46 ...i OFFICIAL PUBLICATION OF Ei Ei 5-eddy el Paper 11tote9 Collector,s f°3 Ei © 1973 by The Society of Paper Money Collectors, Inc. E.3 ketXxX,cXxXxXxMt.i.x.T.xXxXxXxXxix.MaxXxXxXxXxXxLaxxxx.xx.,54i VOL. 12 1973 CN# Superb 1928 11.75 16.75 1935 1928A 7.95 10.75 1935A 1928B 12.95 16.75 1935B I928C Write Write 1935C 1928D 214.75 249.75 1935D 1928E Write Write 1935D 1934 7.95 11.75 1935E SPECIAL=1928 to 1957B Set (18). 1935D to 1957B Set (10) CN# 2.75 4.95 N/M 2.76 4.50 W/M 3.95 5.75 2.95 3.95 $3.50* 2.45 2.95 $3.50* 2.45 2.95 $3.50* 2.45 2.95 $129.75 42.76 ++ RARE CURRENCY SPECIAL ++ Following Special=Subject to Prior Sale + Thru July-August only. 1928D # $1 Silver. Crisp New # $214.75: CN Superb 249.75 1935A $1 Experimental Issue=Red "R" & "S" Pair. CN # 149.75 Crisp New Superb 189.75 SPECIAL=Above "Threesome" CN # $329.75, CN Superb 399.75 Wide Nar. No 1928-C, D, E CN# $27.75; All Superb CN# Superb 11.75 15.75 1935F 3.25 4.95 1935G 7.95 11.75 1935G 3.95 5.75 1935H 4.25 5.95 1957 4.25 5.95 1957A 3.95 5.75 1957B $94.75; MI Superb CN# Superb b $1.00 SILVEII CERTIFICATES Superb Crisp New (If not graded differently). # Indicates not as well centered. *=Star Note. ++ WESTPORT CURRENCY ALBUMS ++ A DeLuxe Currency Album for Displaying Your Federal Reserve Sets and Other Notes. Album Page Sets are Punched for 3-Ring Binder. Ask for Descriptive List. Following Sets are for $1 Federal Reserve Sets. May be used for housing Regular $1.00 Sets=or for Sets of Star Notes. Capacity Each Set is for 12 Notes. #111 1963 $2.95 #111C 1969 2.95 #111F 1969C 2.95 #111A 1963A 2.95 #111D 1969A 2.95 #111G 1969D 2.95 #111B 196314 2.95 #111E 1969B 2.95 #111F & #111G Each 2.95 #120 Set-For the Complete Set of Small $2 Bills. Capacity 16 Notes 3.95 BINDERS: DeLuxe Custom 3-Ring, Gold Titled. Each 4.95 ++ JUST OFF THE PRESS --r± Huntoon/Van Belkum's New Edition "National Bank Notts of the Note Issuing Period" Lists all Charter Banks 114,348) 1863/1935. Add 50c for P. 0. Special Handling (Only $10.50 with Note Order i Pp . 12.50 +4- OTHER IMPORTANT BOOKS---POSTPAID ++ Bluestone's "Albert A. Grinnell Sales Catalogue 1944,1946" Reprint. 700 pages, Values (Only $10.95 with Note Order) 12.95 Bebee's "James M. Wade Collection of U.S. Paper Money : at Fixed Prices". 1956 Sales of this Great Collection. 43 pages, Values 4.95 Friedberg's "Paper Money of the United States, 7th Ed." (Only $10.75 with Order) 14.00 Hewitt/Donlon's "Catalogue of Small Size Paper Money". New 9th Edition 1.65* Donlon's "U. S. Large Size Paper Money 1861/1923". 2nd Ed. Paper cover 2.95* Goodman/O'Donnell/Schwartz' "Standard Handbook of Modern U.S. Paper Money". All you'll want to know about Block Collecting. 3rd, Latest Ed. 1.65* Kemm's "The Official Guide of U.S. Paper Money". 1973, Latest Ed. 1.15* Shafer's "Guide Book of Modern U.S. Currency". New 6th Ed. 2.65* SPECIAL=The Above Big Five. Starred* 8.95 WANTED + WANTED + WANTED Paying Absolutely TOP, Immediate-Cash Prices for Choice Scarce/Rare Notes. Sample Buying Price: Paying $975.00 for Superb (well centered) Crisp New Set of 1896 $1-$2-$5 Silver Certificates. Also Need Superb CN Notes: F-16/19, 41, 41A, 42, 61, 61A, 114/122, 240/248, 259/283, 387/408 -1- and Many Others (Sorry=no 1914 Fed. Res. Notes). Especially need 1st, 2nd Charter Notes : Southern & Western Nationals, all Territorials. Please Describe Notes for Sale in First Letter. s. Also Notes: F-16/19, 41, 41A, 42, 61, 61A, 14/1 2, 240/248, 259/ 7/408 -1- and Many Others (Sorry=no 1914 Fed. Res. Notes). Especia ly n ed 1st, : st t rrit rials. leas escribe otes for Sale in Firs t 100% Satisfaction Guaranteed. Please add $1.00 under $50.01. Nebraskans add Sales Tax. Send $1 for our 18-Page List of Large Size Notes + Small Size Notes, Uncut Sheets & Accessories (Free with $25.00 Note Order). MEMBER: Life #110 ANA, PNG, SCPN, SPMC, IAPN, Others. i . r . l is arge ize otes ize otes, ncut heet e t r r). : ife #110 A, PNG, SCPN, SP C, I PN, Other Bebee's, inc. "Pronto Service" 4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111t Phone 402-451-4766 O aha, Nebr sk Paper litenq VOL. 1 2 NO. 2 SECOND QUARTER 1973 WHOLE NO. 46 PUBLISHED QUARTERLY BY THE SOCIETY OF PAPER MONEY COLLECTORS Editor Barbara R. Mueller. 225 S. Fischer Ave.. Jefferson. Wis. 53549 Publisher J. Roy Pennell, Jr., Box 858, Anderson, S. C. 29621 Direct only manuscripts and advertising matter to Editor. Direct all other correspondence about membership affairs, address changes, and back numbers of Paper Money to the Secretary, Vernon L. Brown, Box 8984, Ft. Lauderdale, Fla. 33310. Membership in the Society of Paper Money Collectors, including a subscription to Paper Money, is available to all interested and responsible collectors upon proper application to the Secretary and payment of a $5 fee. Entered as second-class matter July 31, 1967, at the Post Office at Anderson, S. C. 29621 with additional mailing privileges at Federalsburg, Md. 21632, under the Act of March 3, 1879. Non-member Subscription, $6.00 a year. Published quarterly. ADVERTISING RATES—PREPAID One Time Yearly Outside Rear Cover $40.00 $150.00 Inside Front & Rear Cover 37.50 140.00 Full Page 32.50 120.00 Half Page 20.00 70.00 Quarter Page 12.50 40.00 One-Eighth Page 8.00 30.00 (Non-contract advertising accepted in order received, providing space available by deadline. Please reserve space early! All ad copy subject to 25% surcharge for composition in 6 point type or special effects. $2 per printed page charge for typing copy where necessary.) PAPER MONEY does not guarantee advertisements but accepts copy in good faith, reserving the right to edit or reject any copy. Publisher's liability for error shall not exceed the cost of space occupied by the error. No liability can he accepted for error resulting from illegible copy. Editor's telephone: 414-674-5239 Schedule for 1973 Advertising Publication Deadline Date Issue No. 47 Aug. 15 Sept. 8 Issue No. 48 Nov. 15 Dec. 8 CONTENTS Descriptive Listing of Montana Bank Notes, Drafts, Scrip and Warrants, by Harry G. Wigington 55 The Late Printing of Series 1963A One Dollar Federal Reserve Notes, by Roland S. Carrothers 74 Marine Corps Recruiting Money, by Forrest W. Daniel 81 Reverse Ink Smearing, by Lee Worthley 82 Scottish Banks, Banking and The Royal Bank of Scotland, Limited 83 The Types of the 1882 and 1902 National Bank Notes, by Peter Huntoon 88 Federal Reserve Corner, by Nathan Goldstein II 90 Our Vanishing Gold Certificates, by Robert H. Lloyd 91 Canadian Paper Money at Auction 92 THE SOCIETY OF PAPER MONEY COLLECTORS, INC. Call for Annual Meeting 87 Nominations Report 87 Dr. Arnold Keller Dies 87 Library Notes 90 Secretary's Report 94 Money Mart 96 Cocie4 of Pape iitotev Collector, OFFICERS President J. Roy Pennell, Jr. P. 0. Box 858, Anderson, S C. 29621 Vice-President Robert E. Medlar 4114 Avenue Q, Lubbock, Texas 79412 Secretary Vernon L. Brown P. 0. Box 8984, Fort Lauderdale, Fla. 33310 Treasurer M. Owen Warns P. 0. Box 1840, Milwaukee, Wis. 53201 APPOINTEES-1972-73 Librarian Barbara R. Mueller Attorney Ellis Edlow BOARD OF GOVERNORS-1972-73 Thomas C. Bain, Vernon L. Brown, Forrest W. Daniel, James N. Gates, Nathan Goldstein II, Maurice M. Gould, David A. Hakes, William J. Harrison, Brent H. Hughes, Robert E. Medlar, Charles O'Donnell, J. Roy Pennell, Jr., Glenn B. Smedley, George W. Wait, M. Owen Warns. Society Library Services The Society maintains a lending library for the use of members only. A catalog and list of regulations is in- cluded in the official Membership Directory available only to members from the Secretary. It is updated periodically in PAPER MONEY. For further information, write the Librarian, Barbara R. Mueller, 225 S. Fischer Ave., Jeffer- son, Wis. 53549, including return postage. SPMC PUBLICATIONS AVAILABLE Texas Obsolete Notes and Scrip by BOB MEDLAR This is a hard-covered book with 204 large pages and 240 full-size illustrations. Postpaid to members, $6.00 Others, $10.50 Florida Obsolete Notes and Scrip by HARLEY L. FREEMAN This, too, is a hard-covered book, profusely illustrated, with 103 large pages. Postpaid to members, $4.00 Others, $5.00 Vermont Obsolete Notes and Scrip by MAYRE B. COULTER $10.00 postpaid Back Issues of PAPER MONEY $1.00 each while they last All issues from Vol. 4, No. 2, 1965 (Whole No. 14) to date. Earlier issues are in short supply. A limited supply of bound books containing two volume- years each also available for $12.50 per book. Specify Vols. 5 and 6 (Nos. 17-24) ; or 7 and 8 (Nos. 25-32) ; or 9 and 10 (Nos. 33-44). Send remittances payable to The Society of Paper Money Collectors, Inc. J. ROY PENNELL, JR. P. 0. Box 858, Anderson, S. C. 29621 Be Sure To Include Zip Code! The National Bank Note Issues of 1929-1935 by M. 0. WARNS-PETER HUNTOON-LOUIS VAN BELKUM This book is now completely sold out and is no longer available from the Society. HIIIIIIIII11111111111111111111111111111111111111111111111111111111111111111111111I11111111111111nlinii111111111111111111111 IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IE E E Important Notice = E.= == == ibld PhiIMoneyey s A Copyrig te == E E== No article originally appearing in this publication, or part thereof or condensation of same, can be reprinted E• elsewhere without the express permission of the Editor. Although your Officers recognize the publicity value to E.- E the Society of occasional reprints, they cannot allow indiscriminate use of the material from PAPER MONEY in g_ • other publications even when condoned by the author. Therefore. authors should contact the Editor for permis- = Ei s i o n to reprint their work elsewhere and to make arrangements for copyrighting their work in their own names, == if desired. Only in this way can we maintain the integrity of PAPER MONEY and our contributors. == E PAPER MONEY reserves the right to edit or reject any copy. The opinions of the authors are not necessarily E E those of the staff or the Society. === fil 11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111110111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111ifinilinT WHOLE NO. 46 PAGE 55Paper Money INTRODUCTION MONTANA BANKING HISTORY 14 ONG before the land which is now Montana be- came a territory and state, it was part of other territories. As early as the 1820's, a means of currency had been set up and was in use. Various Indian tribes. pioneering trappers and frontiersmen had developed a medium of exchange known as "made heaver" currency. As the area developed, trading posts and such firms as the Hudson's Bay Company and the American Fur Company set up outposts. The "made beaver" currency became even more established as a part of the economy. Dried beaver pelts were accepted, and denominations of "1 beaver, 1/2 beaver, 1/4 beaver, and 1/s beaver" were the understood medium of exchange.' Descriptive Listing of MONTANA Bank Notes, Drafts, Scrip and Warrants By Harry G. Wigington organic law stated that no paper form of currency could be issued or used. Exceptions, as in most things, did exist. Bank drafts were a frequent form of trans- action, with records and letters showing how banking operations were often done on a "shoe string." Many times a draft or check exchanged hands and thereby saved the day for early private bankers who operated with limited amounts of specie on hand. The volume of gold that was being taken out of Montana accounted for the shortages in its economy. Shippers, such as Wells Fargo & Company and others, were charging 2 1/2% of face value to import greenbacks, with the proviso that they would be the agent for shipping out the gold dust to the eastern markets at the charge of 3% for a one-year period. Some bank drafts and checks are known to have passed hands freely; however, the trans- actions were mainly between merchants, bankers and other commercial individuals. The miner relied on his labors, and after panning his dust he often "blew it" at the local saloon on whiskey or gambling. What little was left he took to a local hanker, asking him to hold this remainder. This de- posit was made for a service charge, ranging from 1/2 to 107( interest of the amount deposited. A certificate was given with each deposit. Ledgers were kept to account for deposits and withdrawals of an individual. These certificates are known to have passed as a medium of exchange. especially in the hard winter months. Usually the higher grade dust was sent back east, leaving only the low grade. which was worth considerably less. As a result, the winter months affected the general economy of the community. During this period, the inhabitants resorted to other media of exchange to sup- plement their economy. The circulation of checks and drafts in the community served as an alternate exchange medium. Strange as it may seem, drafts on local and nearby banks passed more freely than the greenbacks. which were accepted at a discount. and supplanted pri- vate bank notes and scrip, in which the west seemed not to have any reliance. So, in effect, a type of paper currency still found its way into existence. While it was unlike the type used in the eastern states, it served its purpose. arid during shortages of other media of exhange served the community. Legal Tender in Montana, Albert J. Parte11, 1964. THE INFLUENCE OF GOLD These "heavers" had a set value, being worth so much for flour. salt, and gunpowder. Equally so, they had a set value in trade for other furs, such as mink, fox, marten and muskrat. So it was not until the 1850's that gold came to play any part in the economy as a medium of exchange. Early discoveries were relatively small, and the land did not develop as a "gold field" until 1863, when gold was discovered in the Bannack area. Montana. still unborn as a territory, was part of Idaho. Soon such discoveries in Alder Gulch and Last Chance Gulch brought on the need for a political change, and on May 26, 1864, Montana budded forth as a huge golden flower rich with gold which drove men to leave their homes. rob and even kill. Montana was not unlike other western states and territories in its distrust regarding the use of paper cur- rency. The actual use of paper money in Montana was practically non-existent. As in all western states and territories. Montana relied on the medium which was most trusted. convenient, and accessible—GOLD! Since Montana did not come into existence until after the National Banking Act of 1863, there was little chance of a territorial or private currency system be- ing established. Also, it was not really practical, as Montana had a hard money society. National Currency and U. S. Notes were accepted, but at a discount. as was the general case in the western states and territories. Little use was made of private paper notes, and bankers seemed not to rely on their use any more than the people themselves. CHECKS AND DRAFTS BECOME CURRENCY However, there were attempts made in various western states and territories, mostly out of necessity. Montana's EXCHANGE BANKERS As previously stated, U. S. Notes, commonly termed "greenbacks," were in use in Montana. and it was not until 1868 that they were no longer discounted. Gold dust was the CENTER FORCE OF THE ECONOMY. and drafts were counterstamped "payable in gold" until 1868, when they were marked in currency. When Virginia City boomed into existence after the gold strike in Alder Gulch on May 26, 1863, the economy PAGE 56 WHOLE NO. 46Paper Money grew and the need for an "exchange banker" be- came apparent. The first of these exchange bankers were the Banking House of Allen and Millard; and Holladay & Halsey, operating out of the Holladay Over- land Mail & Express Company offices. Bannack, which was the first gold strike in present Montana, had no known recorded banking operations until 1868. How- ever, merchant buying and selling exchanges were prob- ably made for gold dust to serve the needs of the miners and the community. ESTABLISHMENT OF CONVENTIONAL BANKS Several years after territorial status had been set up and the gold rush fever was at its peak, more sophisti- cated banking practices and economic measures were pressed for by a number of individuals. William A. NowIan, prominent early merchant and banker, attempted to have a branch mint set up in Montana. He used the argument that the resources of the territory and gold being available were certainly worthwhile considerations for such action. However. his dream never reached fruition. But banking techniques and the institution of banking itself grew from the infant form of merchant exchange banking in the remote mining camps to full- fledged banking services in the Territory's more populous camps. word. Papers from McKnight's estate show the fulfill- ment of a banker in the wilds. Checks, drafts and certificates of deposit have been found written on letter heads, scraps of paper, stock forms. and pages from ledgers and diaries. Some post traders issued scrip; others like McKnight & Co. used their own private banking system. TERRITORIAL WARRANTS Helena and Virginia City boasted the largest banks and had the distinction of operating the largest number in their respective cities. Many were short-lived, exist- ing only a few months to a year, while others served the community and prospered over the years. Many pioneer bankers such as S. T. Hauser and L. H. Hersh- field also opened banks in the smaller camps. For its size, Montana's population was relatively small. due to its vast forest and rugged mountain ranges. But. for its population, it had more than its share of private and territorial banks. Territorial warrants were used early in the financial history of the territory. Denominational bonds and Treasury notes also made another addition to the "paper currency" of the territory. The first types were of a large format, about 8 x 10 inches in size; these were in use from 1864 to about 1874, when a smaller style was adopted. In the spring of 1883, the type most frequently found remaining today was put into use. It was the "BOUNTY WARRANT" which the territory used to rid the countryside of excessive numbers of bears, mountain lions, wolves, and coyotes. In 1885. Stock and Detec- tive Fund Warrants were adopted to pay expenses en- countered in the growing livestock boom which the territory was experiencing. By the late 1880's the gold and silver booms were about played out; the land was stripped of the magic which had brought Montana into being. But another metal was coming into prominence—cooper. with Butte City being the place of this new birth. Virginia City had been the leading mining camp when Montana was created a territory. Now Butte City was the leader as statehood was achieved on November 8, 1889. STATEHOOD AND THE COPPER ERA The First National Bank of Helena, after receiving its charter on April 16, 1866. immediately deposited $40,000 in bonds in the U. S. Treasury and was allowed to issue 90 per cent of this amount. or $36,000, in bank notes. The Montana Post in reporting this action made the observation: "There was a heavy run upon it for two-bit shin-plasters for whiskey money, yet it had held its own." Banking had come a long way from its infancy of the 1860's to the reign of the Cooper Kings. Many of the banks which survived the fall of the silver market and the panics of the 1890's continued to grow and lasted into the twentieth century. The others, the pioneers. left their footsteps for us in the form of their drafts, checks, scrip, and notes. This listing is an effort to retrace to steps of those men. It will never be com- plete. as the winds of time have blown away many of the footprints. H.G.W. FRACTIONAL CURRENCY This gives rise to the strong belief that 25-cent scrip notes were used in saloons, restaurants. and possibly other establishments during the period of 1865 to 1868. Also. other denominations may have existed. Unfortu- nately, none of these notes have come to light, and this phase of Montana currency is still unknown. While U. S. fractional currency appeared in 1862. and the pos- siblity of its use in Montana during this period was probable, private fractional notes or shin-plasters are a possibility from evidence uncovered to date. MILITARY POST TRADERS Traders on military posts in some of the remote regions supplied the civilian needs as well as military. This need was fulfilled in banking as well as supplies. These post traders. such as J. H. McKnight & Co. of Ft. Shaw. were private bankers in the true sense of the I wish to express my sincere thanks to the great number of people who have helped in this initial listing of Montana material. It was through their help and assistance that I am able to present this listing. As it has been done in other similar works, a reference check list is included of the banks which have been verified as actual banking firms. To this date, no material has been found of these banks, and it is hoped that the list will assist those persons now and in the future who locate such material. The list is broken into two groups, private banking houses. and National and Territorial- State Banks. There are a number of known checks on Montana banks. especially during the period of 1875 to 1899. However. only those known checks of the 1864 to 1874 period have been been listed. These served as an emergency measure in several communities to supple- ment the gold and currency already being used as a WHOLE NO. 46 PAGE 57Paper Money medium of exchange. In later decades their use was of a standard transaction nature. and this listing does not encompass that area. Also, no totally accurate rarity listing of such material ith a monetary scale can be given which can be con- sidered a guide to use in selling or purchasing such items. However, the rarity scale as given can assist in ascertaining the number of known existing pieces. The following is such a scale: R-7 1 to 3 R-5 16 to 50 R-3 100 to 200 R-1 over 500 R-6 4 to 15 R-4 51 to 100 R-2 200 to 500 ACKNOWLEDGEMENTS Again, I would like to express my thanks to the follow. ing individuals and organizations for their help; hut. most of all, to my good friends in Montana without whose help this listing could not have been accomplished. L. 0. Brackman Maurice M. Burgett Grover C. Criswell Robert E. Dickson B. M. Douglas Benjamin B. Dubose Harry E. Fine Dale C. Hawkins Richard T. Hoober O'Neal Jones Ford Knight Montana Historical Society Joel Overholser Russell Rulau Joseph E. Seiter Arlie Slabaugh J. E. Weaver Frederick B. Weber Western Reserve Historical Society REFERENCES HISTORY OF MONTANA, Michael E. Leeson (1885) GOLD CAMP, Larry Barness (1964) GOLDEN GULCH, Dick Pace (1961) BANKING IN MONTANA (1864 to 1964), Clarence Groth (1964) LEGAL TENDER IN MONTANA, Albert J. Partoll (1964) HISTORY OF BANKING IN MONTANA, H. N. Dion (1955) "EARLY MONTANA BANKING," K. Ross Toole, Mon- tana Treasure Magazine, Helena, Feb., 1963, Page 26 "CURRENCY IN MONTANA: 1863 to 1873," John Hakola (from Historical Essay on Montana & the Northwest, edited by J. W. Smurr & K. Ross Toole, Helena, 1957) "FINANCIAL FRUSTRATIONS," Carl J. White, Mon- tana, The Magazine of Western History, Spring, 1967 "PEOPLES NATIONAL BANK OF HELENA, MON- TANA TERRITORY," Harry G. Wigington, Paper Money, Volume 8, No. 4. "GOLD DUST AND GREENBACKS," C. Jack Wall, Montana, The Magazine of Western History, Autumn, 1957 "FLOUR FAMINE," Dorothy Johnson, Montana, The Magazine of Western. History, Winter, 1959 "AN ATTEMPT TO ESTABLISH A PRIVATE MINT IN MONTANA," Numismatic Scrapbook Magazine, Dec., 1961 "MONTANA NUMISMATICS," Russ Rulau & Harry Wigington, Numismatic Scrapbook Magazine, Aug., Sept., Oct., 1969 "MONTANA FOOTNOTES—Bonds Free Territory From Debt," Harry G. Wigington, Numismatic Scrapbook Magazine, Jan., 1971 HELENA CITY DIRECTORIES, 1882 to 1884 BUTTE CITY DIRECTORIES, 1887 to 1909 VARIOUS MONTANA NEWSPAPERS FROM 1864 to 1900. CORLIES, MACY & CO., STATIONERS, 39 NASSAU ST., N.Y. CORLIES, R. F., & MACY, STATIONERS, 33 NASSAU ST., N.Y. GAST, AUGUST BANK NOTE CO. ST. L. & N.Y. HAMILTON BANK NOTE COMPANY, NEW YORK HAMILTON BANK NOTE ENGRAVING & PRINTING CO., NEW YORK HAMILTON, JOHN, STATIONER, 52 JOHN ST., N.Y. HELENA REPUBLICATION PRINT, HELENA IOWA PRINTING CO., DES MOINES JOHNSTONE PRINT, FORT BENTON LIPPONCOTT, J. B. & CO. PHILA. LITH. PIONEER PRESS CO., ST. PAUL, MINN. LITHO OF PIONEER PRESS CO., ST. LOUIS LITHO PIONEER PRESS CO., ST. LOUIS LITHO OF WHITE & BRAYLEY, BUFFALO, N.Y. MACOY & HERWIG, STATIONERS, 112 & 114 BROAD- WAY, N.Y. MACOY, R. F., 114 BROADWAY, N.Y. ROBT. F. MACOY, AGT., STATIONERS, 114 BROAD- WAY, N.Y. MANN, WILLIAM, PHILA. McKITTRICK, J., & CO., LITH., ST. LOUIS MIDDLETON, J. W., PRINTER, 55 STATE ST., CHICAGO MIDDLETON, J. W., PRINTER & STATIONER, CHICAGO MONTANA POST PRINT MOSS & BRO., STATIONERS, PHILA. NATIONAL BANK NOTE COMPANY NEW NORTHWEST LITHO AGENCY PIONEER PRESS PIONEER PRESS CO., ST. PAUL PIONEER PRESS LITHO., ST. PAUL PIONEER PRESS, ST. PAUL PIONEER PRESS, ST. PAUL, MINN. SACKETT & WILHELMS LITHO CO. 5th AVE. & 16th ST., NEW YORK SALT LAKE TRIBUNE PRINT SLOTE & JONES, 93 FULTON ST., N.Y. SLOTE & JONES, STATIONERS, 93 FULTON ST., N.Y. SLOTE & JONES, STATIONERS & PRINTERS, 93 FULTON ST., N.Y. STEARNS, & BEALE, STATIONERS, 147 FULTON ST., N.Y. ST. LOUIS BANK NOTE COMPANY THAYER & JACKSON STATIONERY CO., CHICAGO UNION LITHO CO., S.F. UTAH LITHO CO., S.L.C. WESTERN BANK NOTE & ENG. CO ., CHICAGO WESTERN B.N. & ENGRAVING CO., CHICAGO, ILL. WESTERN BANK NOTE COMPANY WESTERN BANK NOTE CO., CHICAGO WHITE & BRAYLEY, BUFFALO, N.Y. REFERENCE LISTING OF PRIVATE HOUSES OPERATING IN MONTANA FROM 1864 TO 1889, OF WHICH NO NOTES OR DRAFTS HAVE COME TO LIGHT Bank Location BANNACK Isaac Roe & Bro., Bankers A. F. Grater & Co., Bankers Period of Operation 1868 to 1886 1875 to 1876 BILLINGS Stebbins, Mund & Co., Bankers Stebbins, Post & Mund, Bankers H. A. Bruns & Co., Bankers Bailey & Billings, Bankers Bailey & Griggs, Bankers 1883 to 1883 1882 to 1883 1883 to 1883 1886 to 1888 1889 to 1891 IMPRINTERS BOZEMAN AMERICAN BANK NOTE COMPANY, NEW YORK BARNARD, GEO. D., & CO., ST. LOUIS, MO. CLAY & RICHMOND, BUFFALO, N.Y. 1878 to 1880 1880 to 1883 1882 to 1884 Banking House of Story & Willson Banking House of Nelson Story Sebree, Ferris & White, Bankers PAGE ,58 WHOLE NO. 46Paper Money BUTTE RED LODGE Banking House of S. T. Hauser & Co. 1877 to 1881 Banking House of J. H. Conrad & CO. 1889 to 1893 Donnell, Clark & Larabie, Bankers Clark & Larabie, Bankers 1877 to 1884 1874 to 1890 SANDCOULEE Chinese Bank 1880 to ? Bank of Sandcoulee 1889 to 1889 CASTLE STEVENSVILLE Banking House of Edinger & CO. 1889 to 1889 Banking House of S. Marchesseau 1872 to 1876 CEDAR Banking House of Edinger & CO. DEER LODGE 1871 to 1871 TERMINUS (UTAH NORTHERN R.R.) Banking House of Sebree, Ferris & Holt 1880 to 1881 Banking House of Sebree, Ferris & White 1881 to 1883 VIRGINIA CITY Donnell & Co., Bankers Donnell, Clark & Larabie, Bankers Clark & Larabie, Bankers 1870 to 1872 1879 to 1884 1884 to 1890 Banking House of S. T. Hauser & Co. Nowlan & Wearly, Bankers 1865 to 1866 1866 to 1869 Tutt & Donnell, Bankers 1866 to 1869 DILLON Wells Fargo & Co. 1866 to ? James F. Brown & Co., Bankers 1870 to 1874 Sebree, Ferris & White, Bankers 1880 to 1884 Banking House of Henry Siegel 1871 to 1872 Bank of Southern Montana 1884 (operated 4 months) Banking House of Henry Elling 1873 to 1899 Banking House of Potter & Lambrecht 1874 to 1874 END OF TRACK (Mo. Div. N.P.R.R.) Raymond, Harrington & Co., Bankers 1879 to 1884 Banking House of H. A. Bruns & Co. 1883 to ? Hall, Harrington & Co., Bankers 1884 to 1889 FORT BENTON Bank of Northern Montana Territory 1880 to 1890 GLENDALE N. Armstrong & Co., Bankers 1878 to 1885 GLENDIVE 1883 to 1885 WHITE SULPHUR SPRINGS Banking House of Potter, Moe & Co. (also known as Bank of Meager Co.) REFERENCE LISTING OF NATIONAL AND TERRITORIAL-STATE BANKS OPERATING IN MONTANA DURING THE PERIOD 1866 TO 1889 Bank of Glendive (also known as Hurst & Co., Bkrs.) Merchants Bank of Glendive 1882 to 1887 1883 to 1906 HECLA Hecla Mercantile & Banking Co. HELENA BILLINGS 1888 to 1894 Banking House of S. T. Hauser & Co. Banking House of S. Cantoni & Nowlan & Weary, Bankers Bohm & Aub, Bankers J. S. Atchinson & Co., Bankers Tutt & Donnell, Bankers Pinney & Trumbull, Bankers S. H. Bohm & Co., Bankers George M. Pinney, Bankers T. E. & D. G. Tutt, Bankers Tutt, Murphy & Neel, Bankers Murphy, Neel & Co., Bankers Banking House of John T. Murphy & BOULDER Bank of Jefferson County BOZEMAN 2 mos.) to 1866 to 1869 to 1868 to 1872 to 1868 to 1868 to 1872 to 1868 to 1869 to 1872 to 1874 to 1886 First National Bank First National Bank Bozeman National Bank Gallatin Valley National Bank BUTTE DILLON GREAT FALLS 9-28-1881 to present Dillon National Bank 5-2-1884 to 8-24-1893 1866 (operated Co. 1866 1866 1867 1867 1867 1867 1868 1868 1868 1870 1872 Co. 1875 Northwestern National Bank First National Bank LIVINGSTON Bank of Livingston (also listed as Stebbins, Mund & Co.) C. S. Hefferlin & Son, Bkrs. (also listed as Merchants Bank) MELROSE Formerly 1st National Bank of Ft. Benton 7-1-1886 to present Bank Location Period of Operation ANACONDA First National Bank 1-17-1889 to 2-1-1895 First National Bank 12-27-1883 to 7-2-1910 10-4-1888 to 6-26-1890 HELENA 1883 to 1886 8-14-1872 to 9-14-1873 10-23-1882 to 7-22-1893 11-14-1883 to 7-24-1893 4-17-1872 to 7-20-1882 to 3-21-1887 to 4-15-1873 9-30-1893 1-26-1915 1883 to 1884 Hecla Mercantile & Banking Co. MILES CITY Bank of Miles City (also listed as Nininger & Harding, Bankers) Stebbins, Mund & Co., Bankers Merchants & Drovers Bank 1887 to 1894 7-16-1883 to 12-18-1886 to 9-11-1889 to 8-25-1884 12-1-1929 7-20-1893 1879 1882 1882 to 1882 to 1884 to 1882 MISSOULA Banking House of C. P. Higgins C. P. Higgins' Western Bank 1870 to 1873 1888 to 1893 PHILIPSBURG The Silver Bank 1889 (operated 2 mos.) Montana National Bank Second National Bank Thomas Cruse Savings Bank LIVINGSTON First National Bank National Park Bank Livingston National Bank MILES CITY First National Bank 7-7-1882 to 7-1-1924 Stock Growers National Bank 12-20-1884 to 8-9-1893 MISSOULA Missoula National Bank 5-14-1873 to present Now First National Bank Western Montana National Bank 3-21-1889 to present PHILIPSBURG Joseph A. Hyde Banking Co. 9-15-1888 to 12-4-1891 WHOLE NO. 46 PAGE 59Paper Money ANACONDA HOGE, DALY & CO., BANKERS 1. Draft 189- printed. Engraved print. Bust of young girl with curls at left. Bank name across top center. Fancy scroll border. Scott RN-X7. IMPRINT: Western Bank Note Co., Chicago R-5 BILLINGS HENNESSY MERCANTILE COMPANY 21.5.00 Not dated. Crude print. Lampoon vignette of J. D. Rockefeller at lower left. Can of kero- sene at lower right. Center vignette of Batterman in Indian dress with hatchet "to cut wages." Green and black print. Printed green reverse. IMPRINT: None R-7 NOTE: Both of these pieces are political and fantasy notes used in the "War of the Copper Kings," and used in the election of 1899. Probably printed by the same firm or individual. The over- all design is similar on each note. 1.00 and 10.00 also probably exist, prepared on other Butte firms associated with Standard Oil and Amalgamated Copper Company. These fantasy notes were used in the November election of 1899 in Butte between the F. Augustus Heinze forces and the Amalgamated Copper Company. Hennessy Mercantile Company opened for business on November 21, 1898. Founded by D. J. Hennessy, merchant giant, who also had large mining interests and eventually became an opponent of F. Augustus Heinze, as evidenced by the 5.00 Hennessy satirical note. The can of kerosene was Heinze's slogan against Amalgamated to show their association with Standard Oil Company. MONTANA MINING LOAN & INVESTMENT COMPANY 22.25c Printed dates. Litho print. Red and blue "25" counter overprints. Printed reverses. IM- PRINT : None R-5 23.25c Printed dates. Litho print. Black and red fancy borders with black "25" counters. Printed green reverse with State Seal in center. IMPRINT: None R-5 5. 50c Similar to #3, except denomination R-5 FIRST NATIONAL BANK 1. Draft 188- printed. Litho print. FIRST NATIONAL BANK, BILLINGS, M. T. across left end. Black print on cream-yellow paper. IMPRINT: Pioneer Press, St. Paul, Minn. R-5 BUTTE COPPER CITY COMMERCIAL COMPANY 1. 2.00 Note dated. Crude print. Lampoon vignette of J. D. Rockefeller at lower left. Can of kero- sene at lower right. Center vignette of John K. Toole showing company employee billboard. Green and black print. Printed green reverse. IMPRINT: None R-7 Butte No. 2 Butte No. 1 PAGE 60 Paper Money WHOLE NO. 46 6. 1.00 Printed dates. Litho print. Black and green with fancy borders and light red numeral over- print. Printed green reverse listing 6 banks of Butte. Size 2 3/4" x 61/4". IMPRINT: Hamil- ton Bank Note Engraving & Printing Co,, New York R-5 7. 1.00 Printed dates. Litho print. Black and red with fancy borders and light red numeral over- print. Printed green reverse with State Seal in center. Size 2 1/2" x 5 1/2". IMPRINT: None R-5 NOTE: This mining and loan investment firm was in operation from 1892 to about 1905. CHOTEAU HAMILTON & HAZLETT 1. Draft 188- printed. Litho print. HAMILTON & HAZLETT at left end. Large fancy "$" at upper left. Black print on cream color paper. IMPRINT: None R-7 NOTE: Early in 1885 Old Agency (also known as Agency Post) was changed to Choteau. The origi- nal spelling appears to have been Choteau, and later changed to Chouteau. Early maps and spelling of name on draft show Choteau, while more recent maps show Chouteau. Hamilton & Hazlett were general merchants, also serving as Agency traders. DEER LODGE FIRST NATIONAL BANK 1. Draft 187- printed. Engraved print. at upper left. Scott RN-G1. Vignette of train at station in upper right corner. Bank name IMPRINT: Western Bank Note & Eng. Co., Chicago R-4 NOTE: Bank was in operation from 5-1-1872 until 8-16-1879. nell, Clark & Larbie, Bankers. JOSLY & MORSE ( FORWARDING AGENTS) 2. Draft 188- printed. Type print. Train at upper left. Sebree, Ferris & White at top center, with JOSLY & MORSE, Successors to . . . stamped over in red ink. Black & white print. IM- PRINT: J. W. Middleton, Printer, 55 State St., Chicago R-5 SEBREE, FERRIS & WHITE ( FORWARDING AGENTS) 3. Draft 188- printed. Type print. Train at upper left. Firm name of Sebree, Ferris & White at top center. Black & white print. IMPRINT: W. Middleton, Printer, 5.5 State St., Chicago R-6 Sebree, Ferris & White were Forwarding & Commission Merchants, in addition to operating several private banks, including Dillon and on the Terminus (Utah Northern R.R.). Josly & Morse took over Sebree, Ferris & White's operations in 1883, making their base of operation in Deer Lodge. Bank reformed under the name of Don- NOTE: Deer Lodge No. 1 DILLON SEBREE, FERRIS & WHITE ( FORWARDING AGENTS) 1. Draft 188- printed. Type print. Similar to Deer Lodge 3, except slightly larger print of firm's name and several minor type print changes. IMPRINT: J. W. Middleton, Printer & Station- er, Chicag R-7 FORT BENTON I. G. BAKER & CO. 1. Draft 187- printed. Litho print. Indian holding rifle looking out, with forest in background at left end. Dog's head at bottom center. Pink overprint, black print on white paper. IMPRINT: .1. B. Lippincott & Co., Phila. R-7 NOTE: Firm had two periods of operation, 1868 to 1880 and 1888 to 1893. In addition to banking, they were successful commission merchants, steamboat agents, and Indian traders. CHOTEAU COUNTY WARRANT (CHOUTEAU) 2. Warrant 188- printed. Litho print. No other description available. IMPRINT: Unknown R-7 WHOLE NO. 46 PAGE 61Paper Money aaaaaaswswsaasasarraasa+..e,aaaaaaaaaaaaaaaw . (On ql1REE,. FERRIS & WHITE. • gsycluortititi,t,4; . est‘iiew, /, Dillon No. 1 Fort Benton No. 4 FIRST NATIONAL BANK 3. Draft 188- printed. Litho print. Vignette of cowboys herding cattle at upper right. Bank name in upper center. Fancy initials of F.N.B. at left. Scott RN-G1. IMPRINT: None R-6 T. C. POWER & BRO. 4. Draft 18— printed. Litho print. Indian on horseback spearing buffalo at left. River steamboat at upper right. Firm name upper left. IMPRINT: J. McKittrick & Co. Lith., St. Louis R-6 5. Draft 188- printed. Type print. T. C. POWER & BRO., FT. BENTON, M.T. across center. Black print. IMPRINT : None R-7 NOTE: Thomas C. & John Power were wholesale grocers, commission merchants, steamboat agents and semi-private bankers. But their principal business was Indian and Military Traders. One of Power's principal business associates was Joseph H. McKnight, post trader, at Ft. Shaw, Montana Territory. Power later became one of the first two State Senators when Montana became a state in 1889. H. A. RENNERLY-INDIAN AGENT 1. Check written date 8-31-1875. Handwritten document. Drawn on J. H. McKnight & Co., Ft. Shaw, Montana Territory. IMPRINT: None R-7 NOTE: H. A. Rennerly was the Indian Agent at Ft. MaGinnis, which was located to the east of Ft. Shaw. McKnight supplied this post with various goods from his post store at Ft. Shaw. McKnight also being a "sort of banker," had checks and drafts written on his post store by various agencies, and military posts in the region. These drafts and checks were all hand- written, being drawn on funds which individuals had deposited with McKnight to keep in his safe. Records, ledgers, certificates of deposit, and other similar type material verify this opera- tion, which was very uncommon. STEAMER LUELLA 6. Fare scrip. Written dates. Type print. Steamer Luella in center, with H. E. Hazlett-Master printed below. IMPRINT: Johnstone Print, Fort Benton R-7 FORT KEOGH MACQUEEN & YOUNG-POST TRADERS 1. 25c 188- printed. Engraved print. Young boy with dog, barn in background at left end. "cents" over "25" in upper left corner. Printed reverse. IMPRINT: Western BN & Engraving Co., Chicago, Ili. R-7 2. 50c No description. NOTE: Other denominations may exist. Firm operated in 1880's. Ft. Keough was located near Miles City. FORT MaGINNIS Fort Benton No. 3 I, .111)Wilt &1111(r1.141, ' 4, %it JO tl'S ro twod"''' 41,01 r Itirflhwtoll unnturo - /tee10, /.4# 4 4 4 4;10 4 PAGE 62 WHOLE NO. 46Paper Money Fort Keogh No. 1 $' 0'y V EMI , Fort MaGionis No. I it7 r h. 7 I. LC, ft c 4 i,„„, FORT SHAW EASTERN MANUFACTURING COMPANY 1. Certificate draft 189- printed. Engraved print. Fancy gold overprint. Drawn on C. T. Grove, Great Falls. Fancy dark seal in center. Printed green reverse. IMPRINT: Iowa Printing Co., Des Moines R - 5 LABOR EXCHANGE-GREAT FALLS BRANCH 1266 2. 1.00 Dated 1897. Litho print. Liberty with scales and sword at left. Globe showing hours of J. H. MCKNIGIIT & CO.-POST TRADER 1. Draft 187- printed. Type print. River steamboat at left end. Dog's head at bottom center. Blue and white print. IMPRINT: None R-7 NOTE: This is a counter draft made out to McKnight's business at Ft. Shaw. McKnight operated in addition to his post trader business a "private banking venture." He took deposits from in- dividuals, prospectors, trappers, soldiers, and Indian Agents, as well as other Indian Agency employees. These parties wrote checks, handwritten, on his business, which he accepted. When a deposit was made, McKnight completed a counter certificate of deposit slip for the amount and date. Other firms accepted these handwritten checks, such as T. C. Power & Bro., First National Bank of Helena, Peoples National Bank of Helena, and several others. Records also show where individuals also "altered" checks on the Banks of Helena, changing the bank name to that of McKnight's Store at Ft. Shaw. This unusual system was used in lieu of a regular denominational scrip or metal token system. McKnight was the post trader at Ft. Shaw from 1871 to 1887, also serving in the capacity of Postmaster. 2. Draft 188- type print. FIRST NATIONAL BANK, of Ft. Benton, Montana across center. J. H. McKnight & Co. across left end. Ft. Shaw, M. T. across top center. Black & white print. IMPRINT: None R-5 NOTE: This was McKnight's own post trader draft, drawn on First National Bank of Ft. Benton, M.T. Documents from Ft. Shaw, signed by Colonel John Gibbon, Commander of the 7th In- fantry, show that McKnight also did trading with the Indians around Ft. Shaw. GRANITE GRANITE MOUNTAIN MINING CO. 1. Draft 188- printed. Type print. Fancy print of GRANITE MOUNTAIN MINING CO. at upper left corner. FIRST NATIONAL BANK OF HELENA, MONTANA at lower left corner. Black print on white. IMPRINT: None R-2 NOTE: Two varieties exist, with minor changes in style of print. GREAT FALLS WHOLE NO. 46 PAGE 63Paper Money day in center. Fancy "one" at right. Fancy borders. Pale purple print on obverse. Fan- tasy train vignette on reverse, printed in green. IMPRINT: None R-7 HELENA ALLEN & MILLARD, BANKERS 1. Check 186- printed. Type print. Fancy scroll work at left end. Dog's head at bottom center. IMPRINT: R. F. Corlies & Macy, Stationers, 33 Nassau St., N. Y. R-7 NOTE : Considered to be the first actual permanent bankers in Montana Territory, operating offices from Virginia City as well as Helena. CITY OF HELENA 2. 50.00 Not dated. Type print. Bust of President Garfield at left. Indian overlooking cliff at right. Territorial seal in center. Green and black print. Printed reverse. IMPRINT: Pioneer Press R-7 NOTE: This is a fantasy note, used by businessmen of Helena about 1875 after the city had suffered a great fire loss in January, 1874. It was about this same time that Helena won the election as the new territorial capital. This is one of three known specimens ; one is of a light green shade, and two are darker green shades. FIRST NATIONAL BANK OF HELENA 3. Check 186- printed. Type print. Prairie schooner at left end. Bank name in center. Printed in blue ink. IMPRINT: None R-7 4. Certificate of Deposit 186- printed. Type print. Fancy scroll work at left end. Printed in blue ink. IMPRINT: None 11-4 5. Certificate of Deposit 186- printed. Type print. Fancy scroll work at left end. Dog's head at bottom center. Printed in black ink. IMPRINT: Helena Republican Print R-4 6. Certificate of Deposit 186- printed. Type print. Fancy scroll work at left end. Eagle at top of scroll work at left. Dog's head at bottom center. Printed in black ink. IMPRINT: Mon- tana Post Print, Helena R-4 7. Draft 186- printed. Litho print. Bank teller in cage, gold scales at left end. Fancy gold over- print. Scott RN-B1. IMPRINT: Stearns & Beale, Stationers, 147 Fulton St., N.Y. R-5 8. Draft 187- printed. Litho print. MONTANA across left end. Name of bank at top center. Scott RN-C1 and Scott RN-E4. IMPRINT: Stearns & Beale, 147 Fulton St., N.Y. R-3 NOTE: There are three sub-varieties, with different color overprints and minor printing styles of the above draft. Drafts also appear with printed dates of 188-. 9. Draft 187- printed. Litho print. MONTANA across left end. Name of bank at top center. Gray- blue overprint. Scott RN-D1. IMPRINT: Litho of White & Brayley, Buffalo, N.Y. R-4 10.Draft 187- printed. Litho print. MONTANA across left end. Bank name at top center. Tan overprint, ORIGINAL overprinted in green. IMPRINT: None R-3 11. Draft 187- printed. Litho print. MONTANA across left end. Bank name at top center. Scott RN-Gl. IMPRINT: Clay and Richmond, Buffalo, N.Y. R-3 NOTE: There are three sub-varieties with different color overprints and minor printing styles of the above draft. Drafts also show 1888- printed. 12.Draft 188- printed. Engraved print. Scene of Yellowstone Park at upper left. Fancy engraving of bank name at upper right. IMPRINT: American Bank Note Company, New York R-4 13. Draft 18— printed. Litho print. Similar to #12, except dark gray ink print. IMPRINT: August Gust Bank Note Co., St. L. & N.Y R-3 Great Falls No. 2 Paper Money WHOLE NO. 46PAGE 64 vtist) II 'T111'1'4 Viational auk ,-ctocc,tJ /V) ./7/ 01:• 9.W.,(2day,x4) Helena. No. 7 eoelarst..410111....atX4bmat.S11)040/04.2tutorWalli011IMINIMP 2 -Alt) - cF / J, f ) A el -/ - avtailW * X Vgwritte.11/44.4$;/SCPP., Ult."( Cs :, le?teriPtifOS44 . , o iRST Helena. No. 12 1-0,,, t. . NI f..- .1.,ly --,- to, O.. ., Irma,1,,-'' 40. i n 4:- s- i. etit. 4)ey. ., A4 .:','! r.'-'/,k-f 'W .....‘, f! r ebt of C,, r • ,..,..,‘„,„... ,.........„...., . Helena No. 2 14. Draft 18— printed. Litho print. Similar to #12. Black ink print. IMPRINT: The Union Litho Co., S.F. R-2 Fox & LYSTERS BANKERS (ALSO KNOWN AS BANKING HOUSE OF Fox, LYSTER & ROE) 15. Check 187- printed. Litho print. Bank name in bold green print in center. SUCCESSORS TO HUSSEY, DAHLER & CO. below. Scott RN-Cl. IMPRINT: Corlies, Macy & Co., Station- ers, 33 Nassau St., N.Y. R-7 NOTE: This bank also listed as Banking House of Fox, Lyster & Roe. No checks or drafts found with the latter name, but newspaper advertisements have been seen. On May 12, 1873, this bank closed operation and reorganized into the Peoples National Bank of Helena. HELENA RELIEF COMMITTEE 16. Scrip note 1-24-1874 written. Handwritten specimen. Drawn on Peoples National Bank of Helena. Signed by A. Sands-Chairman Relief Committee. Brown and Purple Ink. IMPRINT: None R-7 NOTE: On 1-9-1874 Helena suffered a destructive fire, in which many business buildings and homes were destroyed. A fund was collected and the money placed into the Peoples National Bank. If an individual needed funds, or if payment was warranted for a service, the Relief Com- mittee took a handwritten note from parties. The Chairman directed the Peoples National Bank to pay the amount shown. Listed specimen was directed to C. J. Lyster, Cashier of the Peoples National Bank in Helena. • ';'41),( 174 e1, ,1304' / // /Affair/ --,--•• y, I NG 1101,7" e;„• WHOLE NO. 46 Paper Money PAGE 65 P40% *44VS441: • :•••14tt CO Helena No. 15 Helena \o. Ii BANKING HOUSE OF L. H. HERSHFIELD 17.Check 186- printed. Type print. Fancy circle d3sign at left. IN TREASURY NOTES at lower left. Heavy black print. IMPRINT: None R-7 18.Draft 18— printed. Litho print. Counter draft of Lib?rty with shield at left end. Fancy scroll corners. IMPRINT: Moss & Bro., Stationers, Phila. R-4 19.Draft 186- printed. Litho print. Prospector and dog at left end. Dog and safe at bottom center. Scott RN -B6. IMPRINT: Macoy & Herwig, Stationers, 112 & 114 Broadway, N.Y. R- 3 NOTE: L. H. Hershfield operated under this name from about 11-1865, when he opened his banking operation, until mid-1866, when he began banking operations as L. H. Hershfield & Co. BANKING HOUSE OF L. H. HERSHFIELD & CO. 20.Draft 186- printed. Litho print. Prospector and dog at left end. Dog and safe at bottom center. AND CO. added in red ink to firm name. Scott RN-B6. IMPRINT: Macoy & Herwig, Sta- tioners, 112 & 114 Broadway, N.Y. R - 3 21.Draft 186- printed. Litho print. Prospector and dog at left end. & CO. added into printing of bank name. Scott RN -B1. IMPRINT: Macoy & Herwig, Stationers, 112 & 114 Broadway, N.Y. R -3 22.Draft 186- printed. Litho print. Prospector and dog at left end. & CO. added into printing of bank name. Helena written in over Virginia City. Scott RN-B6. IMPRINT: Macoy & Herwig, Stationers, 112 & 114 Broadway, N.Y. R -7 23.Draft 18— printed. Litho print. Same as #18, except signed as L. H. Hershfield & Co. R-4 24. Draft 18— printed. Type print. Counter draft with eagle and shield in circle, with field of stars. E. Pluribus Unum above eagle at left end. Overprinted with light tan wavy lines. IM- PRINT: None R-4 25. Flour note 1-1-1868 hand stamped date. Handwritten document. Good for 10 sacks of flour. Signed L. H. Hershfield & Co. Drawn on firm of Higgins & Hagadon, Helena merchants R-7 NOTE: As a result of early flour famines in Helena and Virginia City, which resulted in panic and near bloodshed, controls were placed on flour during winter months. Banking houses became brokers during the harsh winter months when flour became scarce. The listed specimen is such an example. L. H. Hershfield & Company operated from mid-1866 until 8-1868, when Aaron Hershfield be- came a partner in the business. Firm name was then changed to L. H. Hershfield & Brother and operated until 6-13-1882, when they reorganized into the Merchants National Bank on 6-14-1882. ,r) -# -rr' ol . ( 7/.///////#ei ///////;// b, /if/ %///14161/4 SAN FRANCISCO, eAl PAGE 66 Paper Money WHOLE NO. 46 BANKING HOUSE OF L. H. HERSHFIELD & BROTHER 26.Draft 186- printed. Litho print. Prospector and dog at left end. Scott RN-B1. IMPRINT: Roht. F. Macoy, Agt., Stationer, 114 Broadway, N.Y. R-3 27.Draft 187- printed. Litho print. Prospector and dog at left end. Vignette smaller and draft larger than previous types. Scott RN-C13. IMPRINT: R. F. illacoy, 114 Broadway, N.Y. R-3 28.Draft 187- printed. Litho print. Prospector and dog at left end. Vignette and size same as #27. GOLD overprinted in center, and IN GOLD added to lower left and lower right corners. Scott RN-D9. IMPRINT: R. F. Macoy, 114 Broadway, N.Y. R-3 29.Draft 187- printed. Litho print. Black print on white paper. No vignettes. Dark imprint of bank name at top center. ORIGINAL in blue at left end. Scott RN-D1. IMPRINT: John Hamilton, Stationer, 52 John St., N.Y. R-3 29A. Draft same as #29, except for no lined border. ORIGINAL in red at left end R-3 Helena No. 31 30.Draft 187- printed. Litho print. Black print on white paper. No vignettes. Light impression of bank name at top center. ORIGINAL DUPLICATE UNPAID added at upper left center. Scott RN-G1. IMPRINT: Corlies, Macy & Co., Stationers, 39 Nassau St., N.Y. R-3 30A. Draft Same as #30, except GOLD added twice on draft R-3 31.Draft 188- printed. Engraved print. Justice with scale and sword at left end. Fancy scroll cor- ners. Fancy name of L. H. HERSHFIELD & BROTHER at top center. Scott RN-G1. IM- PRINT: American Bank Note Company, New York R-3 MERCHANTS NATIONAL BANK 32.Draft 188- printed. Litho print. Foreign exchange draft on Anglo-Californian Bank, Limited, London, England. MERCHANTS NATIONAL BANK at top right center. Black print on dark pink paper. IMPRINT: Conies Macy & Co., Stationers, 39 Nassau St., N.Y. R-5 NOTE: These exchange drafts come with "1" and "2" overprinted on them, standing for FIRST and SECOND exchange. Also other foreign exchange correspondent banks probably exist. 33.Draft 188- printed. Litho print. Fancy scroll seal with bank initials of MNB at left end. Pink safety paper. Scott RN-G1. IMPRINT: Corlies, Macy & Co., Stationers, 39 Nassau St., N.Y. R-4 NOTE: There are three sub-varieties of this draft, two with minor scroll changes and types of print- er's imprint. One type does not have printer's imprint. Also, two types do not have printed revenue stamps. 34.Draft 188- printed. Litho print. Similar to #33, except printed on salmon-tan paper R-5 35.Draft 18— printed. Engraved print. Two young girls with sickle and wheat sheave at left end. Fancy engraved MERCHANTS NATIONAL BANK at top center. Engraved border. Black print on white paper. IMPRINT: American Bank Note Co., New York R-5 36.Draft 188- print. Litho print. MONTANA across left end. MERCHANTS NATIONAL BANK across top center. Red print on gray color paper. IMPRINT: Corlies, Macy & Co., Station- ers, 39 Nassau St., N.Y. R-3 NOTE: There are several minor varieties of this draft, with changes in lettering, color of gray shad- ing on paper, and printer's imprint. 37.Draft 188- printed. Litho print. M 0 N T A N A across left end in double print. MERCHANTS NATIONAL BANK across top in large block print. Black print on salmon-tan paper. IM- PRINT: Collies, Macy & Co., Stationers, 39 Nassau St., N.Y. R-4 38. Draft 188- printed. Litho print. Similar to #36, except black print on salmon-tan color paper R-4 WHOLE NO. 46 PACE 67Paper Money MONTANA FORWARDING Co. 39. Draft 188- printed. Type print. Train rounding curve at upper left side. MONTANA FORWARD- ING CO. across top center. END OF TRACK, NORTHERN PACIFIC R.R. marked out and Helena written in. Black print on whit paper. IMPRINT: Pioneer Press R-6 40. Draft 188- printed. Type print. Similar to #39, except MONTANA FORWARDING CO. marked out, and W. T. JACOBS, successor to . . . stamped in red R-5 MONTANA NATIONAL BANK 41. Draft 188- printed. Engraved print. Fancy scrip MONTANA at left end. Spread eagle at bottom center. Engraved gray color. IMPRINT: Hamilton. Bank Note Co., New York R-7 NOTE: This was the second bank to operate with this name. It was chartered November 11, 1882, and operated until August 2, 1893, when a receiver was appointed. They resumed banking on De- cember 11, 1893, and finally liquidated on February 23, 1901. Proof draft illustrated. PEOPLES NATIONAL BANK OF HELENA 42. 5.00 Written dates. Engraved print. Center vignette of farming scene. "V" in engraved circle at left. "5" in engraved circle at right. Red and black. Engraved back. IMPRINT: Na- tional Bank Note Company R-4 43. 10.00 Written dates. Engraved print. Center vignette of a family of deer at a stream, woods in background. "10" in engraved circle at left and right ends. Red and black. Engraved back. IMPRINT: National Bank Note Company R-4 44. 20.00 Written dates. Engraved print. Center vignette of herd of horses guided by group of men. From the painting of "Horse Fair" by Rosa Bonheur. Fancy groups of "20's" in circle at left and right sides. Red and black. Engraved back. IMPRINT: National Bank Note Com- pany R-4 45. 50.00 Written dates. Engraved print. Center vignette of farmer with small herd of cows and sheep. Girl and boy watching with a city in background. "50" in fancy circles at left and right sides. Red and black. Engraved back. IMPRINT: National Bank Note Company R-4 NOTE: None of the extant known notes are signed. This bank operated from May 13, 1873 until September 13, 1878. These notes were actually certificates of deposit and one of the few actual attempts of placing denominational notes into use. If any were actually used and placed into circulation, the amount was small, and none are known to have survived to date. The lowest reported serial number thus far is =86, and the highest number reported is #283. 46. Check 187- printed. Litho print. Fancy green print of bank name in center. Scott RN-G1. IM- PRINT: Corlies, Macy & Co., Stationers, 39 Nassau, St., N.Y. R-7 46A. Check same as above, except slightly smaller in size R-7 NOTE: The above two specimens are the only known checks on this bank. No other type of material has come to light other than the certificates of deposit, Helena numbers 42 through 45. T. C. POWER & BROTHER 47. Draft 18— printed. Litho print. Liberty seated surrounded by flags with wreath in hand. Black print on white paper. IMPRINT: None NOTE: T. C. Power & Brother also operated a branch operation in Helena which was headed by J. M. Sweeney. Counter drafts were written from their Helena branch, which were accepted by the main operations in Ft. Benton. STATE OF MONTANA 48. Warrant 188- printed. Litho print. Liberty with sword and shield at left, building in background. Dog and safe at bottom center. ORIGINAL in dark pink-red in center. Territory changed to STATE by purple stamp. IMPRINT: Lith Pioneer Press Co., St. Paul R-3 NOTE: Also has been found changed in ink from "Territory" to "State." Helena No. 41 (proof) PAGE 68 WHOLE NO. 46Paper Money 49.Warrant 188- printed. Litho print. Cattle in oval at left. Bull's head at bottom center. ORIGI- NAL in pink-red color in center. Territory changed to STATE by purple stamp. IMPRINT: None R-3 NOTE: Also has been found changed in ink from "Territory" to "State." 50.Warrant 188- printed. Litho print. Ram's head in scroll circle at left. Sheep in bottom center. SHEEP INSPECTOR AND INDEMNITY FUND WARRANT at top center. ORIGINAL in pink-red below. Territory changed to STATE by black ink. IMPRINT: Litho Pioneer Press Co., St. Paul, Minn. R-6 1 -lelena No. 50 51.Warrant 189- printed. Litho print. Liberty in starred robe standing beside shield with wreath in hand. Dog and safe at bottom center. ORIGINAL in dark red print in center. IM- PRINT: Sackett & Wilhelms Litho Co., 5th Ave. & 16th St., New York R-2 52.Warrant 189- printed. Litho print. Rain's head in circle at left. SHEEP INSPECTOR AND IN- DEMNITY FUND WARRANT in black print in center. ORIGINAL in pink-red overprint in center. IMPRINT: None R-5 53.Warrant 189- printed. Litho print. Ram's head in circle at left. SHEEP INSPECTOR AND IN- DEMNITY FUND lined out and STATE WARRANT stamped in above. ORIGINAL in pink- red overprint in center. IMPRINT: None R-4 NOTE: =52 is same style as =53 except the change to a State Warrant. TERRITORY OF MONTANA 54. 50.00 Treasury note. 1875 issue. No description. 55. 100.00 Treasury note. 1875 issue. No description. 56. 50.00 Bond 1876 issue. No description. 57. 100.00 Bond 1876 issue. No description. 58. 500.00 Bond January 1, 1880 printed. Litho print. Center vignette of train. Mining scene at left. Fancy gold overprint of 5 0 0 in center. Green and black. IMPRINT: New Northwest Litho Agency R-5 59. 1000.00 Bond January 1, 1880 printed. Litho print. Same as above, except denomination, and 1 0 0 0 overprinted in gold. IMPRINT: New Northwest Litho Agency R-5 60.Warrant 187- printed. No other description available. IMPRINT: Unknown R-7 61.Warrant 188- printed. Litho print. Prospector and dog at left end. Dog and safe at bottom center. ORIGINAL overprint in pink-red in center. IMPRINT: None R-5 62.Warrant 188- printed. Litho print. Prospector and dog at left end. Dog and safe at bottom center. ORIGINAL overprint in dark red-pink in center. IMPRINT: None R-4 NOTE: =61 type warrant appears only with dates of 1884, and presumably 1883. This style of war- rant was adopted in the spring of 1883, when warrants were given on bounty of specific ani- mals. Records show that the first bounty warrant was paid on May 9, 1883 to Ryland R. Crumb for killing a bear. Payment for killing a bear was $8.00; a mountain lion brought $8.00; however, a wolf was worth $1.00, and a coyote 50c. Squirrels were later added to the bounty list. The 462 type came into use during December, 1884 and is larger than the =61 type. Also, the overprinted ORIGINAL on the =62 type is darker than the =61 type. 63. Warrant 188- printed. Litho print. Liberty with shield and sword with building in background. Dog and safe at bottom center. ORIGINAL overprinted in center in pink-red. IMPRINT: Pioneer Press Co., St. Paul R-4 NOTE: There are at least five different minor varieties of this warrant, with differences in the im- print of printing firm, color of paper, minor variances in size, color of imprint of ORIGI- NAL, and border design. 1,4•■•%4 (Ati,tiktoli71;, ttiSlUtikrAtilkititgAtrrfainrWAAU304:t — ' - k, ,9 ititsafix SitiMISEM'V* , s' t 1 / 11'14' ./` / \L. g.24(;`,°,..t,et • r./ A/. I • .42 .4, I.. t t I • L /1/1 9417//7 /Wy,•0r/// 49/4; <.-4,11,01#/:// we./ IVA'', 7444777 /ea AVel ,r/.C1()/i4i14,11".11141`,/le/ A. .1 . t.) /1.3-e) Prriteria lirers7Pror 4-11 , L 7,,e-7 1. 74.77e; k • IVX*. :2 7 `,-7. 1 1 Zak Vs1.144ketcot . of MN% IS A :A{ etke 0 — is 1)41.3 -7— /, VAN.IkteAVAr...)! \ eY.S. OF ANA. 8,ffit SPEC OR OE1EVilita ta:17/ I ii-VR:15) A,,1;71,1 /*/ AT lieyted /10 J i 41.4 C.17-10 ,4t if 1,e ire 4Ci I be re lid :" Presented for Payment and not Paid for want of funds s' 4" , Air .411r ArrAPrAr."..4111r / / Mbirr.4%.. *MVO. . AfirdNie Aarommireaulr.m.oravAmettlisixwm* , 2 47.--Aii7 de- ./ WHOLE NO. 46 Paper Money PAGE 69 ////r/7 74 Helena No. 62 Helena No. 64 64.Warrant 188- printed. Litho print. Horse and cow heads in circle at left. Bull's head at bottom center. STOCK INSPECTOR AND DETECTIVE FUND WARRANT in black, with light pink imprint of ORIGINAL below. IMPRINT: None R-4 65.Warrant 188- printed. Litho print. Cattle in oval at left end. Bull's head at bottom center. STOCK INSPECTOR AND DETECTIVE FUND WARRANT in black, with pink-red imprint of ORIGINAL below. IMPRINT: None R-4 66.Warrant 188- printed. Litho print. Horse and cow heads in circle at left end. Bull's head at bottom center. STOCK INDEMNITY FUND WARRANT in black at upper center. Fancy pink overprint with ORIGINAL in red. IMPRINT: None R-5 67.Warrant 188- printed. Litho print. Ram's head in scroll circle. Sheep at bottom center. SHEEP INSPECTOR AND INDEMNITY FUND WARRANT at top center. ORIGINAL in pink-red overprint in center. IMPRINT: Lith Pioneer Press Co., St. Paul, Minn. R-7 MARYSVILLE MONTANA COMPANY (LIMITED) 1. Draft 189- printed. Litho print. THE MONTANA CO. (LIMITED) on left end, and at top center. MERCHANTS' NATIONAL BANK in center. IMPRINT: Corlies, Macy & Co., Stationers, 30 Nassau, St., .Y. R-2 NOTE: This is a mining company draft, drawn on a Helena bank. Draft has both bank and city name, as well as name of firm and its location. PAGE 70 Paper Money WHOLE NO. 46 NEW AGENCY CHARLES AUBREY-INDIAN AGENT 1. Check. Written date Nov. 2, 1875. Entire document handwritten. Drawn on J. H. McKnight, Post Trader. at Ft. Shaw R-7 NOTE: New Agency was also known as Piegan Agency and Piegan Post Office. Located in area estab- lished as the Gros Ventres, Piegans, Blackfeet and River Crow Indian Reservation. McKnight served this agency, as well as others. The Indian Agent had an agency account with McKnight in which he wrote handwritten checks. OLD AGENCY (AGENCY POST) H. A. RENNERLY-INDIAN AGENT 1. Check. Written date June 2, 1874. Entire document handwritten. Drawn on J. H. McKnight, Post Trader, at Ft. Shaw R-7 NOTE: Confusing information arises from Old Agency, Agency Post, Piegan Agency, and Ft. Ma- gannis. It is known that Old Agency was changed to Choteau in early 1885. Also, that New Agency was known as Piegan Agency. It appears that H. A. Rennerly was the Indian Agent at Ft. MaGinnis during 1875, and had been the Agent at Old Agency during 1874 and possibly earlier. Charles Aubrey is traced to both Old and New Agency, as evidenced by existing checks. Further study will unravel this confusing situation. OSWEGO DANIEL KNAPP-INDIAN TRADER 1. lc Scrip No date. Good for lc in merchandise. 1" x 3" in size. Reverse DANIEL KNAPP Indian Trader, Oswego, Montana. IMPRINT: None R-6 2. 2c Scrip No date. Same as above except denomination R-6 3. 5c Scrip No date. Same as above except denomination R-6 4. 10c Scrip No date. Same as above except denomination R-6 NOTE: Reverses appear with and without a "12" overprint. Also, each denomination appears on a different color paper. Oswego located near Ft. Peck Indian Reservation and founded in late 1880's. It was destroyed in a prairie fire in fall, 1971. PHILLIPSBURG GRANITE MOUNTAIN MINING CO. 1. Draft 188- printed. Engraved print. Woman standing with spear in hand beside bale of cotton. Fancy scroll corners. IMPRINT: None R-6 NOTE: Draft drawn on Hoge, Daly & Co., Anaconda, and is a counter type draft used by this firm in the 1880's. TERMINUS U & NRR (UTAH & NORTHERN R.R.) MONTANA FREIGHT LINE (MURPHY NEEL & CO.) 1. Draft 18— printed. Type print. Indian maiden holding bow & blanket looking out at left end. MONTANA FREIGHT LINE, Murphy Neel & Co. upper left center. Black print on white paper. IMPRINT: Salt Lake Tribune Print R-7 NOTE: The Terminus was a "moving" location. As the Utah & Northern R.R. was being built through Montana, the Terminus continued, similar to the Terminus-End of Track. There was a Post Office set up on this "moving town on tracks." Terminus 1 & NRR No. 1 TERMINUS-END OF THE TRACK (NORTHERN PACIFIC R. R. MONTANA FORWARDING CO. 1. Draft 188- printed. Litho print. Train rounding curve at upper left side. MONTANA FOR- WARDING CO. across top center. Black print on white paper. IMPRINT: Pioneer Press R-7 VIRGINIA CITY ALLEN & MILLARD, BANKERS 1. Check 186- printed. Type print. Dog's head at bottom center. Fancy scroll printing on left end. IMPRINT: R. F. Corlies & Macy, 33 Nasau St., N.Y. R-7 WHOLE NO. 46 PAGE 71Paper Money BANKING HOUSE OF E. H. GRUBER & CO. 2. Check 186- printed. Type print. Heavy border design. Heavy black print. IN TREASURY NOTES at lower left. IMPRINT: None R-7 NOTE : E. H. Gruber came to Montana from Denver. He had previously been in partnership in Clark, Gruber & Co. of Denver and Leavenworth, Kansas. He operated a private banking house in Virginia City from early 1865 until mid-1866, when he moved to Leavenworth, Kansas to open a bank at that location. HALL & BENNETT, BANKERS 3. Certificate of Deposit 1--- printed. Litho print. Justice with scale and sword, ship in background. Bank name at top center. Scott RN-X7. IMPRINT: Thayer & Jackson Stationery Co., Chicago R - 6 BANKING HOUSE OF L. H. HERSHFIELD & CO. 4. Check 186- printed. Type print. Circle design at left end. IN TREASURY NOTES at lower left. Heavy black print. IMPRINT: None R-7 5. Draft 186- printed. Litho print. Prospector and dog at left end. Dog and safe at bottom center. AND CO. added to bank name in red ink at top right. HELENA marked out in red ink and VIRGINIA written in to left. Scott RN-B9. IMPRINT: Macoy & Herwig, Stationers, 112 & 114 Broadway, N.Y. R-3 6. Draft 186- printed. Litho print. Prospector and dog at left end. Dog and safe at bottom center. & CO. added to bank name in red ink at top right. VIRGINIA written in over HELENA. Scott RN-B9. IMPRINT: Macoy & Herwig, Stationers, 112 & 114 Broadway, N.Y. R-3 7. Draft 186- printed. Litho print. Prospector and dog at left end. Dog and safe at bottom center. & CO. added to bank name in red ink to left. VIRGINIA written to left of HELENA, Helena not marked out. Scott RN-B9. IMPRINT: Macoy & Herwig, Stationers, 112 & 114 Broadway, N.Y. R-5 8. Draft 186- printed. Litho print. Prospector and dog at left end. Bank name printed as L. H. Hershfield & Co. Scott RN-B1. IMPRINT: Macoy & Herwig, Stationers, 112 & 114 Broad- way, .Y. R-4 A..? 659 ----1114.1N4; Hot:- r St Virginia City No. 8 HOLLADAY OVERLAND MAIL & EXPRESS CO. 9. Draft 186- printed. Litho print. Stagecoach vignette at right. Two hunters at left. IMPRINT: Slote & Jones, 93 Fulton St., N.Y R-6 10.Check 186- printed. Type print. Firm name at left end and in center. Payable in oz., dwt., and grs. of gold dust. Printed in red ink. IMPRINT: Slote & Jones, Stationers, 93 Fulton St., N.Y. R-6 11.Deposit draft 186- printed. Type print. SPECIAL DEPOSIT at left end. Printed in blue ink. IMPRINT: Slote & Jones, Stationers and Printers, 93 Fulton St., N.Y. R-2 NOTE: The Virginia City office of the Holladay Overland Mail & Express Co. lines also served as a branch office of Holladay & Halsey, Bankers, Salt Lake City. All three above items are found in unused condition; no signed specimens are known. HUSSEY, DAHLER & CO., BANKERS 12.Check 186- printed. Type print. Dog's head at bottom center. Fancy scroll print at left end. HUSSEY, DAHLER & CO. overprinted in red ink, as successors to Allen & Millard. IM- PRINT: R. F. Corlies & Macy, Stationers, 33 Nassau St., N.Y. R-6 NOTE: This check was used by Hussey, Dahler & Co. apparently after their own stock of printed checks ran out, and then overprinted the remaining Allen & Millard checks to their own use. First group printed were with Virginia City, Idaho, as Allen & Millard opened business while Jir 1 /,;71/2 mi/;47, 4yd/wit .-0 //07 l filer ft-x4 /1/ fel 0 Virginia City No. 12 1 666Virginia City, I IL. T, SS,V, DAHLER & CO., BA N KJ ILS,} ,--4 i); --.-- 6i--i-2--7-ed Virginia City No. 13 ,.t F AR FR, )0I 1,l's PAGE 72 Paper Money WHOLE NO. 46 1irgintardy..11oterm, :///4A,/(7((11,7 3518iiiiahlSt.XY jp(4,10iy. y a,,,,,/,,„d,v,„/,,,,,/hp,r,„yf;„,,,,,,,y „f Iluiladay Overland Mail :xprtvis t Virginia. City No. 9 Virginia City was still in Idaho. They later had a printing showing Virginia City, Montana. Only those checks with Virginia City, Idaho have been found overprinted by Hussey, Dahler & Co. 13.Check 186- printed. Type print. Chain border design at left end. In TREASURY NOTES printed at bottom left. Black print. IMPRINT: R. F. Corlies & Macy, Stationers, 33 Nas- au St., N.Y. R-7 TERRITORY OF MONTANA 14.Warrant 186- printed. Type print. Large format size approximately 8" x 10". TERRITORY OF MONTANA across top center. No other description available. IMPRINT: Unknown .„_R-7 15. 50.00 Bond Warrant. No description. 16.100.00 Bond Warrant. No description. 17.Warrant 187- printed. No other description available. IMPRINT: Unknown R-7 TREASURER OF MADISON COUNTY 18.Draft Written dates. Litho print. Stag's head at left end. Draft drawn on Hall & Bennett, Bankers. OFFICE OF THE TREASURER OF MADISON COUNTY top center. IM- PRINT: Thayer & Jackson Stationery Co., Chicago R-6 VIRGINIA CITY FLOUR COMMITTEE 19. Flour note. Printed date April 18, 1864. Type print. NOTICE TO DEALERS: Flour committee promises to pay bearer $27 Salt Lake, $30 States price, for flour confiscated on April 18, 1864. Signed Flour Committee. Printed on pink paper. IMPRINT: Montana Post Print R-7 2.1 t rofisit3 r;('' /,,,t; SAN PHAN COCO,' // WHOLE NO. 46 Paper Money PAGE 73 1:7 to r f /I/ ' / 11 fimttavai — 147 HERSHFIELD & BANKtikt— */i 47. )!/, a Ames _ Montana Misc.—S. F. Molitor & Co. NOTE: This note has never been seen by the author, only descriptions gathered. During the Flour Famine of 1864-65, prices of flour went to over $100 per sack. The Flour Committee was formed to prevent further hoarding of flour and to provide the people with the available flour in the town. These notes were printed to pay parties whose flour was confiscated, and at prices existing before the famine. A total of 82 sacks were collected. WALKERVILLE ALICE GOLD & SILVER MINING COMPANY 1. Draft 189- printed. Litho print. Mining equipment at bottom center. Drawn on W. A. Clark & Brother, Butte City, Montana. Scott RN-X7. IMPRINT: Utah Litho Co., S.L.C. R-2 WHITE SULPHUR SPRINGS FIRST NATIONAL BANK OF WHITE SULPHUR SPRINGS 1. Draft 1--- printed. Litho print. Fancy scrip print. Black print on white paper. Scott RN-X7. IMPRINT: Geo. D. Barnard & Co., St. Louis, Mo. R-2 MISCELLANEOUS There were a number of individuals and firms in the Helena area who acted in the capacity of a private banker but never set up any formal banking procedures. J. C. Ricker, who owned and operated the I. X. L. Mines and A. M. Holter, who was a Montana pioneer businessman and saw-mill operator, entered such practices. S. F. Molitor & Co., who operated an assay office in Helena, were in the semi-banking business. Other assay firms went into full scale banking operations, such as Bohm & Aub. Documents have been found showing where miners and prospectors took gold dust to Molitor for holding, and later drew on their gold dust by using checks printed for established banks. Molitor's name was written in over that of the bank's name. A number of handwritten checks have been seen on J. C. Ricker, A. M. Holter and others, asking them to pay the bearer and/or a specific individual funds held by them for the requestor. These hand- written checks are written from such places as Grizzly Gulch, Unionville, Jefferson City, Confederate Gulch and others. These are not listed but are mentioned as they relate to the financial and banking background of Montana, and gives proof to this type of "Gulch Banking." HGW WANTED OBSOLETE PAPER MONEY (Bank Notes. Script, Warrants. Drafts) of the AMERICAN WEST Oregon, California, Idaho, Nevada, Arizona, Utah, Mon- tana, New Mexico, Colorado; Dakota, Deseret, Indian, Jefferson Territories! Cash paid, or fine Obsolete Paper traded. Have Proof notes from most states, individual rarities, seldom seen denominationals, Kirtlands, topical=_; Colonial, Continental; CSA, Southern States notes and bonds. Also have duplicate Western rarities for advantageous trade. JOHN J. FORD, JR. P. O. BOX 33, ROCKVILLE CENTRE, N. Y. 11571 PAGE 74 WHOLE NO. 46Paper Money The Late Printing of Series 1963A One Dollar Federal Reserve Notes By Roland S. Carrothers -(•><>,=X>0.(><=>(>0(>0(TX)0(7.0<>0.(>0(>0<X,=><KZ>(>0.(K::=•<)G:=•<>00<=s<>CXKLX <=>(>,,:>(,0<>0.<TCX>O<>000()<=><KZ:X>O<X=•<>S1 g,1 Memoriam [Roland S. Ca rrotkers This is the last article submitted by Mr. Carrothers before his untimely death on March 28, 1973. Needless to say, this Society and this journal will be much poorer in the future for the loss of his distinguished research. Other articles by Mr. Carrothers as published in PAPER MONEY are: —A Minor Variety in Silver Certificates: The Shifted Face Plate Numbers; Vol. 8, No. 3 and Vol. 10, No. 3 —A Minor Variety: The Change-over Pair; Vol. 8, No. 4 — Silver Certificates: The Mule and the Common Back Plate Number; Vol. 9, No. 1 — Sequential and Dovetail Blocks; Vol. 9, No. 3 The Society's Literary Award for the best article published in Volume 8 was given to Mr. Carrothers for the change-over pair study. The following study is in the same tradition and is truly monumental in all respects. It typifies the careful, thorough work put into every Carrothers' manuscript. BRM ii..>o<=x>cocx )o.4>csocx>o<><::><><>oocx>cx :><::>< ><=x xz>ocx)c..(>o< >:=>< >cs< ><:>< >o<><:::x>cx x=x)<=><>c<>o<x=x x=xx=rxxzxx.4 HE GATE to the involvement surrounding the late printing of the one dollar notes of Series 1963A in all but one of the Federal Reserve Districts remain- ing after the removal of the five districts for series 1963B was opened by Mr. Robert C. McCurdy in his article, - Interspersing of Face Plate Numbers on $1 FRN Series 1963A and 1963B," which appeared in Volume 9, Num- ber 3 of PAPER MONEY. In the light of further research, it is impossible to refer to so complex a subject merely as an interspersion of face plate numbers, and such reference would dismiss that subject without having given it the treatment to which it is entitled. It is true that the intermingling of face plate num- bers of both series long after Series 1963B was well un- der way, in fact, after it had begun to wind down, pending the appointment of a successor for Secretary of the Treas- ury Joseph W. Barr, accounts for the major portion of the volume during this period in Series 1963A. But there are other facets of this phenomenon, as well, that should he considered in a complete reconstruction of what occured as deduced entirely from the observation of a great many notes issued at that time. In addition to the interspersion of face plate numbers, which occurred from the production of Series 1963A notes by the use of face plates with numbers currently assigned to Series 1963B converted at random to Series 1963A and printed on hacks currently being printed for Series 1963B, there have been observed four other meth- ods by which the notes of Series 1963A were produced during this period. These include the production of notes from the remaining stocks printed on both sides for Series 1963A: re-use of earlier 1963A plates to print the faces on early 1963B hack stocks; re-use of 1963A plates to print the faces on back stock currently being used on Series 1963B; and, use of face plates originally assigned to Series 1963B converted to Series 1963A and printed on backs originally printed for use in Series 1963A. It will be found helpful, in gaining fully an understand- big of the complexities of printing Series 1963A and Series 1963B, to consider the two series as parts of a sin- gle unit. In this conception, it is necessary to divide that imaginary unit into chronological phases representing the operating changes as they occurred. The operations of Series 1963A in its initial stages, as it was when printing the notes of all 12 districts of the Federal Reserve System before the resignation of the then Treasury Secretary, Henry H. Fowler, fall logically into Phase I. Next Phase II commences with the start of Series 1963B following the appointment in December, 1968 of Joseph W. Barr as Secretary of the Treasury to succeed Mr. Fowler, and includes changing only four of the largest Federal Reserve Districts—New York (2B), Richmond (5E), Chicago (7G) and San Francisco (12L), together with the smaller district, Kansas City (10J I, to operation under Series 1963B. During this period, Series 1963B notes were produced in volume from new plates numbered in a continuation of the previous sequence. while the lesser number of notes required for Series 1963A in the remaining districts was supplied from stocks previously printed for that series and from new notes printed from the old face plates on backs printed from plates numbered in the new sequence. This phase continued in that manner until it became necessary, be- cause of a four-month delay in the appointment and con- firmation of a successor to Mr. Barr, who resigned in January. 1969, after only 20 days officially in that office. to replenish the supplies for the districts that had not been included in Series 1963B. WHOLE NO. 46 PAGE 75Paper Money Phase III then commences with the late printing for the seven districts remaining in Series 1963A and continua- tion of the production of notes for Series 1963B. Both these operations continued until the appointment of David M. Kennedy and Dorothy Andrews Elston as Secretary of the Treasury and Treasurer of the United States, respec- tively, and the start of a new series in May, 1969. In order that Phase I, II and III may be useful in the analysis of this anomaly, it is necessary to establish log- ical upper and lower limits in terms of face plate and back plate numbers. Theoretically, Phase I, which pertains only to Series 1963A, would be situated between the low- est observed face plate number and the highest observed face plate number of series 1963A prior to the commence- ment of printing Series 1963B. These numbers are 95 and 1001, respectively. Since the common denominator between Series 1963A and Series 1963B, in this case, is the hack plate number, and it is assumed that the plates are issued approximately in numerical sequence, the lim- iting back plate numbers in Phase I must come from the five districts which were candidates for conversion to Se- ries 1963B. The lowest back number observed in Series 1963A is 462 and therefore, with the previously estab- lished lowest face plate number, the lower limits of Phase I become F#95 and B#462, respectively. The highest ob- served back plate number in the five districts for deter- mining back numbers, is 1061, which when paired with the previously established high face plate number becomes the upper limit of Phase I. The limits of Phase I sum- marized are as follows: date has been observed to be included only in the late printing, and 1054, has not yet come to the attention of the writer. As it can thus be assumed that 1063 is the lowest number specifically withdrawn for the late print- ing of Series 1963A, F#1062 can be established as the up- per limit of Phase II. Then it was observed that the low- est back plate number on which face plate numbers 1063 and higher were used, was 1085, which makes the upper limit hack plate number of Phase II become F#1084. To recap, then, the limits established for Phase II are: For Series 1963B Notes Lo F# 1003 Lo B# 1062 Hi F# 1062 Hi B# 1084 Phase III consists entirely of the production of Series 1963B notes and the coincident late printing of Series 1963A, the face numbers of which were intermingled throughout the balance of both series. The above low face and back plate numbers used as a reference to estab- lish the upper limits of Phase II become, at the same time, the lower limits of Phase III, F#1063 and B#1085. The observed high face plate number in Series 1963A is 1127 and in Series 1963B is 1142. The high hack number in both series is 1145. Thus the limits of Phase III, summarized, are as fol- lows: For Series 1963A Notes Lo F# 95 Lo B# 462 Hi F# 1001 Hi B# 1061 For Series 1963A Notes Lo F# 1063 Lo B# 1085 Hi F# 1127 Hi B# 1145 For Series 1963B Notes Lo F# 1068 Lo B# 1085 Hi F# 1142 Hi B# 1145 But since the area of our consideration includes only the latter part of Series 1963A, the low numbers above can be adjusted to the lowest observed face and back plate num- bers pertinent to this survey. These numbers are F#891 and B#845. which would make the above summary read: For Series 1963A Notes Lo F# 891 Lo B# 845 Hi F# 1001 Hi B# 1061 Phase II follows immediately after Phase I and it is logical, therefore, to assume that the lower limits would be the next face and back plate numbers in sequence after Phase I, namely, F#1002 and B#1062. Such assumption is not realistic at this time as far as the face plate number is concerned because the lowest observed face plate num- ber for Series 1963B is 1003, leaving F#s 1000 and 1002 in the limbo of not having been confirmed for either series. We will, for our purposes, use F#1003 and B#1062 as the lower limits of Phase II. This Phase con- sists largely of the production of Series 1963B notes for Districts 2, 5, 7. 10 and 12 and continues to the point where more Series 1963A notes were required in Districts 1, 3, 4, 6, 8 and 11. The lowest face plate number origi- nally assigned to Series 1963B which was removed from that sequence for the late printing of Series 1963A notes was 1063, and as all the numbers from 1003 through 1062. with but two exceptions, are known to have been used on Series 1963B, it can be assumed that that number is in fact the lowest. The two exceptions are 1005 and 1054. 1005 having been used for Series 1963A but to A reference to Figure A at this point will show all the types of notes observed in this survey, but it must be re- membered that the limits used are for the most part em- pirical and as such may be subject to change in some cases as further knowledge is gained. Since this analysis concerns only the late printing of Series 1963A and the notes of Series 1963B associated with it at that time, and by logical steps the vertical limits in terms of face and back plate numbers have been estab- lished for Phase III , in all of which the late printing occurred, it is now time to determine the lateral extent of that printing. Late printing of notes for Series 1963A has been ob- served to have occurred for Districts 1, 3, 4, 6, 8 and 11, but not for District 9. To further expand the late print- ing in these six districts, it has been observed that the fol- lowing letter blocks have been involved: District 1—Blocks A-C, A-D and A-Star District 3—Blocks C-D and C-Star District 4—Blocks D-D District 6—Blocks F-F, F-G and F-Star District 8—Blocks H-C and H-Star District 11—Blocks K-C It is unlikely that there were any star notes printed for District 4 during this period, but it is well within the realm of possibility that star notes in District 11 exist. although none has been observed. Greater horizontal expansion is shown by dividing the letter blocks into third process runs, in which the notes PAGE 76 WHOLE NO. 46Paper Money ONE DOLLAR FEDERAL RESERVE NOTES INTERSPERSION CF F4CE NUTBERS SERIES 1963A/1963B TYPES C? HCDS INVOLVED Block C-D Block C- 8 Block D-D Block F-F Block F-G Block F- 8 Block H-C Block H-° Block K-C Runs Runs Runs Runs Runs Runs Runs Runs Runs 14-118, inclusive 36- 42, inclusive 38- 58, inclusive 118-157, inclusive 1- 57, inclusive 62- 64, inclusive 36-100, inclusive 26- 28, inclusive 86-139, inclusive A summarization of the runs that have been observed and what may be expected in the way of further expansion is shown in the accompanying Table I. Until the gaps between Columns 1 & 2 and 3 & 4 are closed by observa- tion, the complete story can only be conjectural as no pattern definite enough on which to base an accurate estimate has been set. In the case of the gaps between Columns 1 & 2, enough notes in each run to establish all the back numbers in that run must be observed before it can definitely be said where the notes printed in Phase II end and where those in the Phase III late printing begin. In the case of gaps between Columns 3 & 4, it is not nec- essary to determine the content of the runs because it is known that the late printing extends to the end of Phase III, which is also the end of the block and Series 1963A. LATERAL EXTENSION SCHEDULE HUNS IN WHICH THE LATE PRINTING OCCURRED SERIES 1963A 1:3331323 31.,T1IO20 1A, 30, 45, 6F, 88, 91, 111 2,, 5E, 7G, 102, 12L Ph-, I SERIES 1963A HODES SERIES 19634 N011E3 1'y12! 1963A-Py 19631-64 Type A 1563A-F 19531-.1 Lo 95 Lo 462 hi 1001 Hi 1061 Lo 95 Lo 452 ,i 1001 Hi 1061 Phase II 5ERIE0 19134 NLTE 8 SERIES 19634 8053 Type F 19636-F9 19131-842:02eLi 19634-64 19631-4 B/f Co 95 Lo 462 hi 1001 Hi 1061 'Fyne 3 1963A-lq 19633-26 Lo 1005 Lo 462 hi 1062 Li 1061 Type G 19633-F# 1 9 6 3 3-D) Lo 95 Co 1062 Li 1001 hi 1094 'Type D 19:0=Li 113521=-L3 4 Lo 1003 Lo 1062 hi 1062 Hi 1034 LO1003 IT5r--To Ei 1062 Hi 1061 Type x 19633-F4 19633-34 Lo 1005 Lo 10o2 Hi 1062 hi 1084 Phase III 5i.41. 19631 NCTES SERIES 19636 NOT61 Type A 1963A-Pd 19631-86 Type F 19633-26 1963A-B.6 Lo 891 Lo 845 Hi 1001 Hi 1061 lilLe, 1963A-F4 19633-B1 Lo 1003 Lo 845 Hi 1062 hi 1061 Type G 19633-F4 19633-E1 Lo 891 Lo 1062 hi 1001 Hi 1084 'LyL3L; 19631-84 1963B-ii Lo 1003 Lo 1062 Hi 1062 Hi 1084 Type H 1963B-4 19639;B(t ho 891 Lo 1 Hi 1001 hi 1145 Type D 19633-F4 1963A;B# La 1005 Lo 108'? Hi 1062 hi 1145 Tyne I 19633-F1 1963A-86 . Lo 1003 Lo 345 Hi 1062 Hi 1061 Type .6, 1963:6-9 6 19633-66 Is 1068 Lo 845 Hi 1142 Hi 1061 Tyne J 19631-F4 19038-B# 1777.77 Lo 1095 Hi 1127 Hi 1145 Lo 1068 Lo 108', Hi 1142 Hi 1145 Dse only possible Ph or these types is 1005. Figure A. are serially numbered and otherwise completed, each run, as you know. consisting of 20,000 sheets of 32 notes each, or a total of 640,000 notes. Observations of runs in each block are as follows: Block Block Block Block Block Block Block Block Block Block Block Block Block Block Block Block BLOCK LAST OBSERVED FIRST OBSERVED LAST OBSERVED END OF BLOCK BEFORE LATE PR. IN LATE PR. IN LATE PR. A-C 92 106 157 157 A-D 4 30 31 A-. 26 29 31 31 C-D 11 14 118 118 34 36 37 42 D-D 36 38 56 58 D-. 33 33 F-F 111 118 143 157 F-G 3 57 57 F-. 53 62 62 64 H-C 33 36 100 100 H-. 24 26 27 28 I-B 18 19 11 _ - 11 K-C 84 86 135 139 K-. 22 30 Table I. A-C A-D A-* C-D C- 0 D-D D- 0 F-F F-G F- 8 H-C H- 6 I-B I-* K-C K- 8 Runs 106-157, inclusive Runs 4- 30, inclusive Runs 29- 31, inclusive Runs 14-118, inclusive Runs 36- 37, inclusive Runs 38- 56, inclusive Runs None Runs 118-143, inclusive Runs 3- 57, inclusive Runs 62 only Runs 36-100, inclusive Runs 26- 27, inclusive Runs None Runs None Runs 86-135, inclusive Runs None The upper limit of the runs in each block, as shown above, does not, in all cases, represent the run on which the block ended in the series. which would, of course, be the end of the late printing. If we were to extrapolate these runs, to the beginning in the cases of Blocks A-D and F-G, to the end in the cases of Blocks A-D, C-*, D-D, F-F, F-*, H-* and K-C and eliminate the ones in which no runs were observed or appear unlikely, the total runs in- volved would become: Block A-A Runs 106-157, inclusive Block A-D Runs 1- 31, inclusive Block A- 8 Runs 29- 31, inclusive On the basis of the notes observed it is calculated that there were 282,240,000 notes of all types produced in the late printing of Series 1963A and on the basis of what ap- pears possible, 305,920,000 notes. The actual quantity probably lies somewhere between these two figures and is estimated to be about 300,000,000 notes. The printing of notes in Series 1963B continued simul- taneously with the late printing in Series 1963A in all five districts involved in Series 1963B. Expanding the print- ing of these notes associated with the late printing as in the previous case reveals that the following blocks were involved : District 2-Blocks B-G, B-H and B-Star District 5-Blocks E-F and E-G District 7-Blocks G-I and G-Star District 10-Blocks J-C District 11-Blocks L-G and L-Star It is highly probable that notes were issued in Block E-Star, although none has yet been observed. There were no Block J-Star notes issued in all of Series 1963B. WHOLE NO. 46 Paper IVioney PAGE 77 Dividing these letter blocks into runs, as before, shows the following: Block B-G Runs 146-152, inclusive Block B-H Runs 10-125, inclusive Block B-* Runs 77- 80, inclusive Block E-F Runs 99-154, inclusive Block E-G Runs 4- 40, inclusive Block E- 5 Runs None Block G-I Runs 34-114, inclusive Block G-° Runs 84- 86, inclusive Block J-C Runs 72-100, inclusive Block J-* Runs None Block L-G Runs 32-130, inclusive Block L- 5 Runs 69- 72, inclusive Since all the same conditions exist, extrapolation has been made here for Series 1963B. as was done previously for Series 1963A, to determine the total number of runs involved. as follows: Block B-G Runs 146-157, inclusive Block B-H Runs 1-125, inclusive Block B- 5 Runs 77- 80, inclusive Block E-F Runs 99-157, inclusive Block E-G Runs 1- 40, inclusive Block G-I Runs 34-118, inclusive Block G-* Runs 84- 86, inclusive Block J-C Runs 72-100, inclusive Block L-G Runs 32-130, inclusive Block L- 5 Runs 60- 72, inclusive A similar summary of runs that have been observed in this series is shown in Table II, with the same comments with regard to the gaps between Columns 1 & 2 and 3 & 4 having the same force and effect as before. LATERAL EXTENSION SCHEDULE RUNS ASSOCIATED WITH. THE LATE PRINTING SERIES 1963B BLOCK LAST OBSERVED FIRST OBSERVED LAST OBSERVED END OF BLOCK BEFORE LATE PR. IN LATE PR. IN LATE PR. B-G B-H B-. 131 146 10 152 125 157 126 77 80 82 E-F E-G 94 66 99 4 154 40 -- 157 40 70 G-I G-. 32 34 84 114 86 118 86 J-C 71 72 100 100 L-G 31 32 130 13068 69 72 72 Table II. It can be said, in the light of observations to the present time, that all notes in the various letter blocks which have serial numbers in excess of those tabulated below belong to the period in which the late printing occurred: SERIES 19 63A Earliest Observed Earliest Possible Block Run Serial No. Run Serial No. A-C 106 A67200000C 93 A58880000C A-D 1 A00000000D 1 A00000000D A- 5 29 A17920000* 27 A16640000* C-D 14 C08320000D 12 C07040000D C-5 36 022400000* 35 C21760000* D-D 38 D23680000D 37 D23040000D F-F 118 F74880000F 112 F71040000F F-G 1 F00000000G 1 F00000000G F- 5 62 F39040000* 54 F339200005 H-C 36 H22400000C 34 H21120000C H- 5 26 H160000005 25 H153600005 I-B — I B 19 111520000B K-C 86 K54400000C 85 K53760000C K- 5 — K ,„ 23 K14080000* ONE DOLLAR FEDERAL RESERVE NOTES EARLY SERIES 1963A FACE NUMBERS USED IN SERIES 1963A LATE PRINTING AND PREVIOUS USE 61—THOSE NUMBERS As used below - Type A - Series 1963A Phase I Face Numbers Used On Series 1963A Phase I Backs Type B - Series 1963A Phase I Face Numbers Used On Series 1963B Phase II Backs Type C - Series 1963A Phase I Face Numbers Used On Series 1963B Phase III Backs Type D - Series 1963B Phase II Face Numbers Used On Series 1963A Phase I Back 943. AC 951. FF 959. AD 965. AC,AD,HC 966, AC,AD,PG 966, FG 968. AD 982. HC 984. HC 986. NC 999. HC TYPE D 1005. HC TYPE A TYPE B F# BLOCKS _FL BLOCKS TYPE C PREVIOUS USE SERIES 1963A F# BLOCKS F# BLOCKS 891. AC,CD,C* 891. AC,BF,FF,HB, JB,JC,LF 923. CD,FF,HC 923. BG,FF,GA,IA, DO, L* 924. CD 924. BG,FF,HC,IA 929. CD,PF,A*, KC 929. BG,FF,JC,L. 930. FF,HC 930. BG ,FF ,HC 932. FF,HC,KC 932. BG,D*,GH,L* 933. CD,FF,HC, KC 933. BG,D*,L* 935. AC,CD,C*, HC,KC 935. BG,CC,D*,FF, JC,KC,L* 936. RC 937. CD,HC,JC 937. BG,D.,FF 943. DD,LF 951. CD,FF,HC 952. CD,KC 965.CD,FF,JC 967. CD 968. AC 969. A*,CD 982. BG,CC,CD,JC, IF 988. CD,HC 986, CC,CD 991. KC 994. A*,CD,FF KC 997. CD,FF,HC Table HI. SERIES 1963B Earliest Observed Earliest Possible Block Run Serial No. B-G 146 B94800000G B-H 1 B00000000H B-* 77 B48640000* E-F 99 E62720000F E-G 1 E00000000G E-* E G-I 34 G21120000I G-* 84 G53120000' J-C 72 J45440000C L-G 32 L19840000G L- 5 69 L43520000' Run Serial No. 132 B83840000G 1 B00000000H 77 B48640000' 95 E60160000F 1 E00000000G 67 E422400000 33 G204800001 83 G52480000* 72 J45440000C 32 L19840000G 69 L435200005 The specific face plate numbers which have been ob- served within the purview of the late printing of Series 1963A are on notes of five distinct types, as shown on Fig- ure A: Type A. Notes having Series 1963A (Phase Il face numbers between 891 and 1001, inclusive, and Series 1963A (Phase I) back numbers between 845 and 1061. inclusive, as follows: F# 943 965 982 951 966 986 959 968 B# 845 995 996 1000 1035 1028 1049 1030 Type B. Notes having Series 1963A (Phase I) face numbers between 891 and 1001, inclusive, and Series 1963B (Phase 11 I back numbers between 1062 and 1084, inclusive. as follows: SERIES 1963, SERIES 19 6 38 F# BLOCKS F# B101KS 1063. AD,DC,C* FG,HC,KC 10o4. CD 1065. AC,AD,CD, KC 1066. AC,F* 1067. CD,FG 1068. BF,GI,LG 1069. AC,AD,CD, FG,HC,KC 1070. LG 1071. IL 1072. AD,CD,C*, FG,KC 1073. LG 1074. BH,EG,GI, LG 1076. Bh,GI,JC LG 1077. GI,LG 1078. BH,Er,LG 1079. LG 1082. BH,LG 1083. AC,KC 1085. CD,H*,KC 1088. FG,KC 1090. A*,CD,DD, HC 1)84. LG 1087. LG 1089. EF,LG 1091. GI,LG 1092. CD,DD,FG, HC 1095. CD,FG,He 1093. EF,LG 1094. GI,LG 1096. B*,3H,EG, LG,L* 1097. BH,EF 1098. BH,EF,JC, LG,L* PAGE 78 Paper Money WHOLE NO. 46 ONE DOLLAR FEDERAL RESERVE NOTES INTERSPERSION OF FACE PLATE N111hERS SERIES 1963A/1963B PHASE III SERIES 1963A SERIES 19638 F# BLOCKS F# ,LOCKS 1099. CD,DD 1100, 38,12 1101. OH,EG,LG, L* 1102. EG 1103. CD,DD,FG, HC 1104. 88,EG,GI, JC,LG 1105. CD,DD,FG HC 1106. KC 1107. 38,80,01, LG 1108. EG,GI,G*, JC,LG 1109. CD,DD,FG, HC 1110, EG,GI,JC, LG,L* 1111. G*,JC,IG 1112. GI,LG 1113. CD,DD,FG, HC 1114. LG 1115. GI,LG 1116. CD,KC 1117. G*,LG,L* 1118. EG,JC,LG, L* 1119. DD.FG,HC KC 1120. JC,LG 1121. JC,LG 1124. CD,HC 1127. CD,DD,HC 1138. BH,LG 1139. BH,EG,LG 1140. BH,JC 1141. JC 1142, JC 1123 1130 1135 1125 1131 1136 1126 1132 1137 1128 1133 1129 1134 Table IV. F# 966 984 999 B# 1064 1065 Type C. Notes having Series 1963A (Phase 1) face numbers between 891 and 1001, inclusive, and Series 1963B ( Phase III) back numbers between 1085 and 1145. inclusive, as follows: F# 891 932 951 988 B# 1087 1097 1103 1112 923 933 952 991 1089 1098 1104 1113 924 935 968 994 1092 1099 1106 1114 929 936 969 997 1093 1100 1107 930 937 984 999 1095 1101 1108 1096 1102 1110 Type D. Notes having Series 1963B (Phase II) face numbers between 1003 and 1062, inclusive. and Series 1963A (Phase III back numbers between 845 and 1061. inclusive, as follows: F# 1005 B# 1041 Actually, face number 1005 is the only one possible in this category, as all numbers from 1003 to 1062. inclu- sive. have been verified as being assigned to and used on Series 1963B except the above and F#1054 which has not yet been observed, but is an area believed to be all Series 1963B. Type E. Notes having Series 1963B (Phase 1 l 1 I face numbers between 1063 and 1138, inclusive, and Series 1963B (Phase III I back numbers be- tween numbers 1085 and 1145, inclusive. as fol- lows: (Interspersed Face Plate Nos.) F# 1063 1085 1106 B# 1095 1110 1121 1135 1064 1088 1109 1097 1112 1122 1136 1065 1090 1113 1099 1113 1123 1137 1066 1092 1116 1100 1114 1124 1138 1067 1095 1119 1101 1115 1125 1139 1069 1099 1124 1105 1116 1126 1140 1072 1103 1127 1106 1117 1127 1142 1083 1105 1107 1118 1129 1145 1108 1119 1133 1109 1120 1134 There have likewise been five distinct types of notes observed in Series 1963B to have been produced simul- taneously with the late printing in Series 1963A. as fol- lows: Type F. Notes having Series 1963B (Phase II ) face numbers between 1003 and 1062, inclusive, and Series 1963A (Phase I I hack numbers between 845 and 1061. inclusive. as follows: F# 1018 1030 1042 B# 1027 1039 1056 1028 1034 1058 1030 1054 1061 Type G. Notes having Series 1963B (Phase II ) face numbers between 1003 and 1062, inclusive, and Series 1963B (Phase III back numbers between 1062 and 1084, inclusive. as follows: F# 1004 1038 1041 B# 1071 1084 1034 1039 1043 1082 Type H. Notes having Series 1963B (Phase II I face numbers between 1003 and 1062, inclusive, and Series 1963B Phase III) back numbers be- tween 1085 and 1145, inclusive, as follows: F# Type I. Notes having Series 1963B (Phase III) face numbers between 1068 and 1142, inclusive, and Series 1963A (Phase I) hack numbers between 845 and 1061. inclusive, as follows: F# 1077 B# 1057 Type J. Notes having Series 1963B (Phase III) face numbers between 1068 and 1142, inclusive, and Series 1963B I Phase III I back numbers be- tween 1085 and 1145, inclusive, as follows: F# 1068 1084 1101 1117 B# 1085 1103 1115 1126 1070 1087 1102 1118 1086 1104 1116 1130 1071 1089 1104 1120 1087 1105 1118 1131 1073 1091 1107 1121 1088 1106 1119 1132 1074 1093 1108 1138 1091 1107 1120 1133 1076 1094 1110 1139 1094 1108 1121 1137 1077 1096 1111 1140 1095 1109 1122 1140 1078 1097 1112 1141 1097 1110 1123 1141 1079 1098 1114 1142 1099 1111 1124 1082 1100 1115 1101 1113 1126 There are many numbers missing from the above lists for both series. The only ones that can be enumerated prior to observation, however. are those to be found on the notes of Series 1963A, Type E and Series 1963B. Type J which are missing from the sequence of face num- bers 1063 to 1142. inclusive. This sequence is the one originally assigned to Series 1963B but from which cer- lain numbers were withdrawn and re-assigned to Series Missing numbers - 1075 1080 1081 1086 1122 1032 1043 1050 1058 B# 1085 1095 1106 1034 1044 1051 1059 1086 1099 1108 1036 1045 1052 1060 1087 1100 1109 1037 1046 1053 1061 1088 1102 1110 1038 1047 1055 1062 1090 1103 1111 1039 1048 1056 1091 1104 1113 1042 1049 1057 1093 1105 1131 WHOLE NO. 46 PAGE 79Paper Money t1NE IOLLF3 FED .:.FuLL :.KELETCN CR=CNCIOGY OF FAa . 3- 1,0T3 PAINTING OF SERIES 1963A DISTRICT 4D RUN TYPE F# B4 D-D 36 E. 1119 1137 56 F. 1127 1140 There is much more that could be told. We could list all the face plate numbers on the ten types of notes ob- served in the late printing and show all the letter blocks and third process runs in which each number was in- volved. We could show in detail the chronological order in which the face plate numbers were used in each letter block and in each run in that block and most of all how heterogeneously they are interspersed with each other. But in each such case the data are so voluminous as to pre- clude their use in an article of this kind, so a compromise has had to be made. and is appended in the form of three additional tables. DISTRICT 118 RUN TYPE F# 84 K-C 86 C 933 1106 110 E 1065 1119 Table III lists all the Type A, B, C and I) face plate numbers and the letter blocks in which they have been ob- served, as well as where they had been used prior to the late printing. Table IV lists all the known Type E face plate numbers in their interspersed positions and shows the letter blocks in which each has been observed. RIJN DISTRICT 1A B# RUN DISTRICT 3C 3#TYPE F# TYPE F# A-C C-D 106 C 935 1089 14 C 929 1087 114 A 943 845 55 E 1063 1107 133 891 1009 58 C 997 1107 138 A 943 845 60 -E 1067 1113 148 1065 1097 63 C 937 1114 A-D 66 E 1069 1116 4 E 1065 1123 C-. 19 959 1030 36 C 981 1093 A-. 37 E 1063 1117 29 C 969 1100 31 E 1090 1122 DISTRICT 6F DISTRICT 83 RUN TYPE F4 3# RUN TYPE 84 Bit F-F H-C 118 0 923 1096 36 0 932 1087 136 A 951 1000 36 A 982 1049 139 0 997 1100 40 B 999 1064 F-G 41 51 A C 986 923 995 1087 3 0 1063 1120 71 E 1063 1097 25 A 996 1035 75 D 1005 1041 25 3 996 1065 77 A 965 1028 29 E 1092 1122 84 C 968 1091 F-. 85 C 085 1120 62 F. 1066 1114 26 0 929 1o96 27 E 1085 1115 Table V. Table V is a skeletonized chronology of the use of face plate numbers in the late printing showing the order in which the various types of notes were printed in each block. This table is so reduced in content that it shows only the runs in which a change occurred. 1963A for use in the late printing. Following are the missing numbers without some of which it is impossible to say if the interspersion ends at F#1127 or at some higher number: F 1075 1123 1130 1080 1125 1131 1081 1126 1132 1086 1128 1133 1122 1129 1134 1135 1136 1137 While it is possible to say which are missing, it will not he known which of them belong to Series 1963A and %■hich to Series 1963B until all of them have been ob- served. It is interesting to note, before ending the account of this exceptional anomaly, that the methods of printing differed between the two series. Series 1963A notes were produced by the method which had been in effect since its inception on the Series 1935A Silver Certificates, of ap- plying the series year and signatures in the third process overprint, while Series 1963B notes were produced from plates into which the series year and signatures had been engraved. which method had been resumed with that series. Thus it appears that the face plates that were to be converted to use in the late printing of Series 1963A were of necessity withdrawn from the Series 1963B sequence before the series year and signatures had been engraved. Illustrations of Actual Exam ples Plate 1. Lowest intersperesil FP# 1063, Series 1963A, blocks (2-I), 1-1-11 and Block shown in Plate 62. Blocks A-1) and F-G not shown. C 473 4981 El 3 431.141114101411010111411111 11„ -riStrt 4. t4 1.0.0f.v, 111M11001104.afdifillit Armar.W44 AIL Paper MoneyPAGE 80 WHOLE NO. 46 C23504625' 3 F 39460196 6 t-4-0-cg-,•'-' „.. kAtti •r 14,11 itan,,,,d 14 • 1/ure),.. If ; A 18155654* 1 P ft, i4 1,,,ef, 3 0 35567520 0 4 116111"1"13L. H 60904758 C 8 A 705142144 C OMR -11113(Martak-M' CApaat, A 95723030 C - — A 18605814 8 1 V5.1,40,c(ii•—•-k., Plate 2. Late printing star notes, Series 19633, block A-*, C-* and F-*. (FP# 994, 1063, 1066) Block H-* not, shown. Plate 3. Highest interspersed FP# 1127, Series 1963A, blocks C-D, D-D and II-C. Plate 4. Chronology of face plate numbers, blocks A-C and A-D, Series 1963A (FP#943, 1069, 1072, 965 tarp to bottom) Top to bottom, Types A, F, F, A. Type C in block A-0 not shown. WHOLE NO. 46 PAGE 81Paper Money Plate 5. Series 1963B: Block E-F with lowest interspersed FP# 1068, block J-C with penultimate interspersed FP# 1141 and block .1-C with highest interspersed FP# 1142. Marine Corps Recruiting "Money" During the summer of 1972 the United States Marine Corps offered "A few good men a $1500 bonus" to enlist for four years. The recruit had to meet the entrance requirements and volunteer for artillery, infantry or tank and amphibian tractor. On assignment to one of those fields he collected the bonus. Only 3,300 bonuses were authorized and the time limited. When the deadline of August 31 passed and the quota had not been filled, the period to qualify for the bonus was extended for a time. Part of the publicity for the bonus was a "$1500 bill" simulating a large-size bank note printed on green paper. FORREST W. DANIEL Kossuth Note Made into PNC A hitherto unheralded philatelic-numismatic combina- tion of the genus made popular by the 99 Company, with its coins and medals affixed to envelopes and postmarked, has come to light. According to Coin World, Harry J. Forman discovered that a Philadelphia dealer in old books., Meyer Furman, had a stock of the one and two forint Kossuth Hungarian notes made in that city by Toppan, Carpenter & Casilear. When in 1958 the U. S. Post Office issued two stamps in its Champion of Liberty series pic- turing Louis Kossuth, Furman took 25 of each denomi- nation to Washington for the first day sale. He affixed the 4c stamps to the lower left corner of the 2F notes and the 8c in the same position on the 1F and had all can- celled with the special handstamp postmark and medallion. The account does not tell where the notes are now. Page from the Past The following item was gleaned from the Annual Re- port of the Bureau of Engraving and Printing for the fiscal year ending June 30, 1912: Deliveries of Gold Certificates to the Treasurer of the United States Denomination Series $10,000 $ 20 $ 10 $ 1,000 $ 50 Dep't $ 100 Dep't 1910-4,000 sheets 1906-1,130,000 sheets 1907-3,407,000 sheets 1907-3,000 sheets Series-200,000 sheets Series-50,500 sheets ■ COWIE R. H. LLOYD J 619147458 C tf 10 J 531714614C 10 10 —411e1"1"...."7 7 11111' UNITED STA (---WiMERT PAGE 82 Paper Money WHOLE NO. 46 Reverse Ink Smearing By Lee Worthley INK smeared notes are one of the more noticeable types of errors. but because the error occurs on the reverse, and notes are inspected with the face side up, quite often these defective notes slip by and into circu- lation. The ink used in currency production is manufactured inside the Bureau of Engraving and Printing. Quick- drying ingredients make it possible to print the reverse one day and the front the next. an fact the ink is al- most dry before the finished sheet is picked up and put hack on the pile.) After the ink is made and tested for the right texture and uniformity, it is put into the ink fountain on the printing press. An ink roller picks up the ink and distributes it to the engraved plates, and any excess is removed from the plates by means of an ink wiper. Here is where most of the reverse ink smudged notes are horn, that is, when the ink wiper fails to re- move any excessive buildup of ink. After this operation. the sheets are then printed and put back on the pile to await the face printing. All of the notes shown here. with the exception of the $50.00, show that the sheet was printed through this buildup of excess ink. The $5.00 and the $100.00 are most noticeable because of the heavy amount of ink left on the plate. The lighter areas around the smudges are the result of the sheets moving against other sheets in the finished vile before the ink had a chance to com- pletely dry. This is why notes are found that have small traces of green ink on the face side. The $50.00 note shows some excess ink to the extreme right, also in the center and below "A" in AMERICA. Possibly the next note to this one had a large ink smudge and this note shows the edge of it, or this sheet could have been handled by a pressman with some traces of ink on his hands. The $100.00 note has an inspector's red reject mark on the face, but the final inspector failed to notice it. Since the beginning of full-time currency production. inking errors have been with us. They are found in all denominations and are of all different sizes and shapes. Some notes have been found that have more than 50V( of the note covered by excessive ink, and others have been found that have only a small spot or two. Even star notes are included in this error group, as the $1.00 and the $50.00 notes in this set are star note errors. This is a sad fact because the star side cannot be displayed in a reverse error note exhibit, and I am one collector who dislikes star note errors on the reverse, because of this fact. WHOLE NO. 46 PAGE 83Paper Money Scottish Banks, Banking and The Royal Bank of Scotland Limited (The following history was supplied SPMC through the courtesy of The Royal Bank of Scotland, Ltd.) T HE Royal Bank of Scotland Limited was formed in 1969 by the amalgamation of the National Commercial Bank of Scotland Limited and the Royal Bank of Scotland, founded in 1727. to form the operat- ing hank in Scotland of the National and Commercial Banking Group. The various constituent banks have roots deep in Scottish history. The Royal Bank had its origins in the Union of the Parliaments in 1707. By the Treaty of Union. England agreed to pay £398.085 to Scotland as an "equivalent" for the increased fiscal responsibilities which Scotland would have to bear. and this sum was to be disbursed to the stockholders of the ill-fated Darien Company and to the other creditors of Scotland's Nation- al Debt. The first of some one hundred years when communication throughout the country was slow and difficult was spent in building up its business mainly as an Edinburgh bank, although one branch was opened in Glasgow in 1783, in the charge of David Dale, mer- chant in that city, whose portrait at one time adorned the Bank's notes. The second phase again lasted about a hundred years from the 1830's to 1930, during which a nationwide branch system was developed. This policy included the taking over in 1864 of the Dundee Banking Company, the business of Drummonds Bank at 49 Charing Cross London in 1924, and the purchase in 1930 of the business of the Western Branch Burlington Gardens of the Bank of England. The third phase from 1930 onwards was the purchase of Williams Deacons Bank in 1930 and of Glyn Mills & Co. in 1939. The National Commercial Bank of Scotland was formed in 1959 by the merger of the Commercial Bank of Scotland Limited and the National Bank of Scotland Limited through both of which it had a history dating hack to the early nineteenth century. Both received a Royal Charter of Incorporation in 1831. THE COMMERCIAL BANK OF SCOTLAND LIMITED The Commercial Bank was founded in Edinburgh in 1810 expressly to serve commercial interests at a time when the conservative policies of the existing chartered banks were under considerable criticism by the business community. Over the years it established an extensive branch network throughout Scotland and in London, in the course of which it absorbed the Caithness Bank in 1825 and the Arbroath Bank in 1844. In modern times it maintained its progressive outlook and was the first bank in the United Kingdom to visualize the possibilities of hire-purchase finance as a complement to banking. THE NATIONAL BANK OF SCOTLAND LIMITED The National Bank of Scotland Limited, formed in 1825, also established a nationwide branch system, and in 1864 was the first of the Scottish banks to move into London. It absorbed the Commercial Banking Company of Aberdeen in 1833 and the Perth Union Bank in 1836. The National also pioneered the use of mobile banks in the United Kingdom, the first coming into use in 1946. The vitality of the two constituent banks was con- tinued in the National Commercial, which was respon- sible for several developments: for example, associating in the provision of merchant banking facilities in Scot- land; the introduction of a Ladies Branch in Edinburgh. and a Boat Bank in the Orkney Islands. In 1966. it acquired the National Bank with its branches in Eng- land and Wales. The Royal Bank of Scotland Limited symbol TOP AWARD In 1971, The Royal Bank of Scotland won the top honor in Royal Society of Arts Bi-Annual Presidential Award for Design Management. The award was in recognition of the Bank's design program which had been devised as a part of an overall management policy covering a corporate symbol and its application through- out the Bank. The National and Commercial Banking Group, a Scot- tish Company with its headquarters firmly based in Edinburgh, is the fifth largest :milking group in Great Britain. The management is progressive and dynamic and we may expect to see many new developments in banking and finance flowing from the group, the con- stituents of which have produced so many "firsts" in the past. Through its wholly-owned subsidiaries, the Royal Bank of Scotland and in England, Williams & Glyn's Bank. it has over a thousand branches throughout Scot!and. England and Wales. In Scotland the Royal Bank is the largest bank in terms of deposit and advances. I t re- cently acquired a civil airline, Loganair Limited, which operates an island banking service in Scotland by means of flights to selected places, together with a normal com- mercial service to the Scottish islands. BANK NOTES The first bank notes issued by the Royal Bank were dated 8 December 1727. Up to that time bank notes Alg (1 / , t (/' . €1.4, 7 /wiz; ,117/(4,,f. Ill;(// 4 117/7,qi /jai,/ 4, 4 deed A - trae / ireZe't ,/.5"rtzrricoglrif idc trt EXIDVM:4-14r.40.11/426MW"' , 7 0 , Se6 t:1 e f; r 1.1"- kwq- 17. A -.71;e-r / VW ?LW, lee/ 06;J4.4e1 4( er /wiz //44 .1-1.4,Azzi ilitemh'< PAGE 84 Paper Money WHOLE NO. 46 The Royal Bank of Scotland (established 1727) £1 note (20 shillings) dated 8th December 1727 Dundee Banking Company (established 1763) £1 note dated 22nd Nov 1856 had been solely payable on demand, but in a contest which arose between the two Scottish Banks, the Bank of Scotland ( the Royal's competitor) found it necessary to postpone payments and inserted in its large notes an "Option Clause" undertaking thereby to pay them on demand, or at six months after presentation with a stated sum of interest the date of presentation to be certified by an endorsation upon the note by the bank's accountant. On 12 December 1772 the £1 notes were similarly treated. The Royal Bank notes continued pay- able on demand until 1761, when the pressure on the company—arising from the scarcity of coin—became so severe that the Bank unwillingly adopted the Clause. On this course it was followed in a few months by the British Linen Company for the same reason. The British Linen Company began in 1746 for the encouragement of the linen trade and its notes. first issued on 1747, were printed "for value received in goods," its first true bank note being issued about 1750. GUINEA NOTES During 1758, the Royal Bank issued Guinea ( £1-1/- value) notes for the first time but did not do so again until 1768, when they at once became popular and re- mained so for nearly fifty years, to the exclusion in some circles of even the £1 note. The Royal Bank of Scotland (established 1727) Guinea note dated 4th March 1758 (£1-1/-) (One pound one shilling) /77e 0WW/1/1111() rouN 13 BILLING e Are1-&374 (kf e'f/de- t OireFtottx. t4 The Royal Bank of Scotland (established 1727) Guinea note dated 1st September 1777) £1-1/- (One pound one shilling) WHOLE NO. 46 PAGE 85Paper Money The Commercial Bank of Scotland Limited (established 1810) £1 note An Act of 1765 made "Option Clause" illegal and all bank notes of the 15 May 1766 were ordered to be pay- able on demand. It was further declared that from 1 June 1765 no notes of lower denomination that £1 Sterling should he issued. In 1800, for the purpose of raising war supplies, a Stamp Duty was first ordered on bank notes. In 1808. the Bank of Scotland, The Royal Bank and the British Linen Company were granted the concession of issuing their notes on unstamped paper and compounding the duty. This system was extended in 1853 to the other Scottish banks, the compounded rate being fixed at 8s. 4d. per £100 per annum. This remained operative until 25 June 1972. when Stamp Duty was abolished on the issue of bank notes. became legal tender. This status was withdrawn with effect from 1 January 1946. The term "legal tender . ' implies that such money must by law be accepted by a creditor in payment of a debt. In Scotland, Bank of England £1 notes are legal tender to an unlimited extent. The Scottish banks issue their own £1, £5, £10, £20, £50 and £100 notes and after nearly 250 years of regular and uninterrupted trust and wont are accepted in pay- ment of debt of every description in Scotland, despite the fact that they are not in the eyes of the law, legal tender. The liberty to issue hank notes in Scotland has now come down to three establishments, a big change indeed from 1845, when there existed 19 banks of issue. Although so many of this number have long been re- moved from the monetary scene, their names live on in some cases to the present day through their notes. The Bank of Scotland, The Royal Bank of Scotland Limited, and the Clydesdale Bank Limited, redeem by reason of take-overs, mergers and otherwise these notes of non-existent banks. SCOTTISH BANK NOTES NOT "LEGAL TENDER" Since the 1928 Currency and Bank Notes Act, the note issue in the legal sense has virtually only once come into the public eye. That was on the outbreak of war in 1939 when, as in 1914, the notes of the Scottish banks THE COMAUBCIAL BANK O e L. D 000 MARY.19 1; I THE COUNT OF DIRECTORS r V A A . V,IF., i,JA ;kb The National Bank of Scotland Limited (established 1825) 1:1. note ,WeW,,Vft;4MtMtti"4110?WriWr..Vftshl,MWVIINV!ovW4v4Y4WfsVfrTfh The Royal Bank of Scotland Limited K‹, The Royal Bank of Scotland Limited £ 5 e \--"\ The Royal Bank of Scotland Limited TEN POUNDS 00000u PACE 86 WHOLE NO. 46Paper Money ROYAL BANK CURRENT "CASTLE" ISSUE The latest issue by the Royal Bank is the "Castle" issue which shows a series of Scottish Castles on the reverse side. The £1 note delineates Edinburgh Castle, the £5 Cuizean ( the late President Eisenhower had a flat in this castle for a number of yearsl. the £10 Glamis. the £20 Brodick. and the £100 note Balmoral (Queen Elizabeth's Scottish residence More Illustrations on Page 87. 1 The Royal Bank of Scotland Limited . £10 4 P,4 ' C '''. i i 1 ' I I "Late" Blocks Occur in England, Too! A recent holiday in England revealed that hold-over serial numbers occurred on Bank of England one pound notes, as well as on our Silver Certificates, a few years ago. Remainder printings are evidenced by these blocks: Serial T 36 C 116 666 Signature "J. S. Fforde" T 27 D 444 129 "J. S. Fforde" T of E 485 496 "J. S. Fforde" T 46 H 712 434 "J. E. Page" U 20 B 314 525 "J. S. Fforde" U 35 B 906 403 "J. E. Page" The Bank of England numbers its blocks in lots of one million instead of one hundred million. Hence, the prefix letters progress more rapidly. For collectors, the "Page" signature facsimile is to be found on both new and old design five pound notes. R. H. LLOYD Cayman Island Stamps Show Paper Currency The Cayman Islands in the British West Indies released four stamps on Jan. 2, 1973 to celebrate the issuance of distinctive Cayman Islands currency on May 1, 1972 to replace the Jamaican money then in circulation. The 3c stamp portrays the $1 note (tropical fish) and the lc coin; the 6c, the $5 note (schooner) and the 5c coin; the 15c, the $10 note (beach scene with partially buried treasure chest) and 10c coin; and the 25c, the $25 note (map of Cayman Islands) and 25c coin. The set was designed and printed in photogravure by Thomas de la Rue. According to the Crown Agents. "The original inten- tion was that the currency follow the pattern of the U. S. dollar value. Due to the fluctuation of U. S. currency, the parity of the Cayman dollar was fixed under the agreement of the International Monetary Fund, the Cay- man Islands being represented at this body by the United Kingdom." The Royal Bank of Scotland Limited ,„ 3 cocoon The Royal Bank of `.3cotland Urn otw000 FIVE POUNDS The Royal Bank of Scotland Limited ‘ ontilmo TWENTY POUNDS STHRIANG to.t.• 4,, ■[. .4et no ewe ./ . 0•44,1,1 . eV, 000000 ' 11 The Royal Bank of Scotland Limited -6 00(100o Royal Bank of Scotland Limited £20 e.RoyalB;Ank of Scotland Limited WHOLE NO. 46 Paper Money PAGE 87 4.1 ffiElICTIC Call for Annual Meeting The 13th annual meeting of the Society of Paper Money Collectors will he held on Saturday August 25. 1973, at the Sheraton-Boston Hotel, Boston, Mass. As required by our By-Laws, it is being held in conjunc- tion with the annual convention of the American Numis- matic Association. Since we had a luncheon meeting last year, in our alternating arrangement with the Token & Medal Society, we will be able to enjoy a dinner meeting this year. As of this writing, plans call for a general meeting on the morning of the 25th and a Board of Governors' meeting during the afternoon, to be followed by a Dutch treat social hour and the dinner. A numismatically- prominent speaker has been promised. Please consult the bulletin board at the hotel for specific times and places. Come and enjoy numismatic fellowship with your friends and other members. Meet the officers of the Society. Learn of the significant new projects being planned for 1974. Express your opinions. This is a once-a-year opportunity, so don't miss it. Buy Tickets for Boston Dinner Early! Tickets for the dinner, at $10.00 each, including tax and gratuity, may be purchased by mail prior to August 1st from our Treasurer, M. 0. Warns, P. 0. Box 1840, Milwaukee,. WI 53201. Make remittance payable to SPMC. Any remaining tickets may be purchased from Mr. Warns or dealer-members in the bourse room at least 48 hours in advance. Nominations Report In accordance with Article III, Section 3a, of the By- laws of the Society, as amended in February 1968, this Committee nominates the following five members to serve as members of the Board of Governors for three-year terms: Vernon L. Brown, Forrest W. Daniel, William J. Harrison, Robert E. Medlar and Eric P. Newman. Other nominations may be made as provided in the By- laws. The election will take place at the Society's annual meeting on August 25, 1973 at the Sheraton Boston Hotel. The five Governors elected there and the following ten hold-over Governors will constitute the 1973-74 Board of Governors: Thomas C. Bain, James N. Gates, Maurice M. Gould, David A. Hakes, Brent H. Hughes, Charles O'Donnell, J. Roy Pennell, Jr., Glenn B. Smedley, George W. Wait, and M. Owen Warns. Thomas C. Bain Glenn B. Smedley George W. Wait, Chairman Dr. Arnold Keller, Recipient of SPMC's Nathan Gold Award, Dies in Germany Dr. Arnold Keller, probably the number one authority on world paper money, died in Berlin on Dec. 13, 1972, scarcely three months after receiving the Nathan Gold Memorial Award for his contributions to numismatics from the Society of Paper Money Collectors. In his life- time he compiled more than 30 volumes on numismatic subjects, many on World War I emergency paper money. Born on Jan. 31, 1897 in Freiburg-Baden, Germany, Dr. Keller was educated at universities in Munich and Leip- zig, where he majored in oriental languages and numis- matics. The professionalism of his scholarship was evident in his writings, and he lived to see his name be- come a hallmark for the best in numismatic literature. PAGE 88 WHOLE NO. 46Paper Money The Types of the 1882 and 1902 National Bank Notes By Peter Huntoon 1st 2nd 3rd ii iiiliiiiiiiiiliiiiiii ii1,iliiiiii1 Li 1 iIi1 1 1 1 1,1 1 1 I 1 1 1 1 1 1 1 1860 1870 18 80 1890 1900 1910 1920 1930 1940 Overlapping of the Three Charter Periods and Time Spans of the Major Designs FIGURE I LEGEND GEOGRAPHIC LETTER TREASURY SERIALS ENGRAVED SIGNATURES OLD NEW I OLD WITHOUT WITH WITH OUT WITH WITH- OUT WITHOUT I WITH TYPE 3 I 5 7 4 5E 7 8_ 3 4E IE 3 8EE YEAR 1,,,■1■1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ,1 1 1 I I 1 I 1 1 1 1,1 I i 1 1880 1890 1900 1910 1920 1930 Types of the 1882 and 1902 Series National Bank Notes FIGURE 5 The three figures shown on these two pages replace the poor impressions of the same charts published in PAPER MONEY Vol. 12, No. 1, Whole No. 45, pages 13, 16 and 17 as part of Mr. Huntoon's article on "The Types of the 1882 and 1902 National Bank Note s." We regret any inconvenience to readers caused by the original, indistinct illustrations. ORIGINAL SERIES SERIES OF 1875 DATE BACK VALUE BACK BROWN BACK TYPE T Y. 2 RED SEAL PLAIN BACK DATE BACK LEGEND GEOGRAPHICAL LETTER TREASURY SERIAL ENGRAVED SIGNATURES TYPE SERIES OF 1 8 8 2 SERIES OF 1 9 0 2 BROWN DATE VALUE RED DATE PLAIN Secured by 1 U.S. Bonds with with without 1 all 1902-1908 5,10,20 50,100 1915-1922 1919-1922 all 1902-1908 all 1915-1924 with lE 2 5,10,20 19220 all 1922-1924 without without — with — all 1924-1925 without with without 3 all 1882-1902 with 3E all 1924-1925 without without 4 all 1925-1929 with 4E all 1925-1929 Secured by U.S. Bonds or Other Securities with with without 5 5,20 10,50,100 1908-1915 1908-1922 5,10,20 1915-1922 5,10,20 50,100 1908-19151 1908-1924 all 1915-1924 with 5E ,-- 50,100 1922-1924 all 1922-1924 without without 6 with 1924-1925 1924-1925 without with without 7 50,100 50,100 1924-1925 1924-1925 all allwith 78 without without 8 50,100 50,100 1925-1926 all 1925-1929 with 8E 1925-19261 all 1925-1929 Possibility of existence is so remote that this variety is d)ubtful, Figure - Type Chart PACE 90 Paper Money WHOLE NO. 46 A 00 000 001 A A 39 040 000 A conventional A 39 040 001 A A 52 480 000 A COPE B 00 000 001 A B 03 840 000 A conventional B 03 840 001 A B 26 240 000 A COPE B 26 240 001 A B 32 640 000 A conventional B 32 640 001 A B 56 320 000 A COPE B 56 320 001 A B 75 520 000 A conventional B 75 520 001 A B 99 840 000 A COPE B 99 840 001 A B 99 999 999 A conventional B 00 000 001 B B 11 520 000 B COPE E 00 000 001 A E 17 280 000 A conventional E 17 280 001 A E 63 360 000 A COPE E 63 360 001 A E 84 480 000 A conventional E 84 480 001 A E 99 840 000 A COPE E 99 840 001 A E 99 999 999 A conventional F 00 000 001 A F 45 440 000 A conventional F 45 440 001 A F 64 000 000 A COPE G 00 000 001 A G 37 120 000 A conventional G 37 120 001 A G 66 560 000 A COPE H 00 000 001 A H 29 440 000 A conventional H 29 440 001 A H 42 240 000 A COPE L 00 000 001 A L 52 480 000 A conventional L 52 480 001 A L 96 000 000 A COPE Federal Reserve Corner The current $1 Federal Reserve Series 1969D is now completely in circulation for the regular notes. The last to appear was from Minneapolis. Several of the stars have yet to appear; in fact some of the Series 1969C stars are just making an appearance. One of the last to appear was St. Louis, which did show up finally among the first of the COPE printing from that district. COPE printings have been expanded at the Bureau (and in time will take in all districts and most of the production). At the time this was written, the following Series 19691) notes had been printed by COPE and conven- tional overprinting equipment for seven districts; the other five were all conventional. Please note that these ending numbers are not final; as further printings are made, these can be carried on further. Reports from your district as the new printings appear will be of great help. All reports are appreciated. Thanks for your continued support. This chart covers Series 1969D notes for the districts in which COPE printings were made to date: Phil MacKay has reported that the City National Bank of Kansas City is supplying uncirculated FRN in pads of 25 assembled much as common scratch pads are. Traces of the red adhesive holding them together adhere to the first notes of a pad. This practice of making pads of notes is not new, but it has not been used in many areas or on any large percentage of the money paid out. A number of banks have used collating equipment to precount money and package it into various sized units that are banded like a $50 group of one-dollar notes. These are collated from a series of stacks of 100 new notes, and the top note from each pack is taken. Quite an interesting group of notes is within the banded pack. In the padded notes, we come across a much more expensive type of operation. This will not meet with great success over the long run, due to inconvenience in handling. Many pads of notes are made with a printed cover and given as gifts. It is not felt that this practice will ever affect the supply of new notes. Facilities are just not available for handling the large volume of new money in this manner. George S. Vanderwenae has reported receiving a pack- age of 100 notes, all stars, with the last note not in the same sequence series. It is not unusual to find a pad of 100 star notes. Within the series of 100, all notes not passing inspection are replaced with star notes of other numbers. These replacement notes can even be of a different series, but normally are fairly close to the ones replaced. In some instances entire bricks of 4,000 notes have been all star notes. Vanderwende also stated that a metallurgist using X-ray on the $1, 5. 10 and 20 current notes revealed a different metal substance in the green ink on the ones. He says the Bureau advises that an iron composition rather than lead is used for them. I was not aware of the difference in ink for the higher denomination reverses. This is of interest, though it is difficult to see how the Bureau keeps track of which ink is to be used on what press, etc. I believe that this is a sub- ject that needs further checking. NATHAN GOLDSTEIN II P.O. Box 36, Greenville, Miss. 38701 Library Notes In response to our recent plea for donations of specific reference works, Dr. John A. Muscalus sent the booklets listed here. All are in the uniform format of his prolific works (6 x 9) except for the M-12, which is 8 1/2 x 11, and contain from six to 22 pages each. All but M-10 are illustrated ; the titles are self-explanatory. They com- prise an excellent source for collectors of obsolete paper money. It seems that Al Almanzar is bent on completely cata- loging Latin American notes. His latest effort is com- bined with a coin catalog of El Salvador and occupies 44 pages of the softbound volume. It is well illustrated and supported by useful historical background and statistical charts. Latin America is becoming a very popular field, indeed. Now comes the new publication Lansa, the first to be issued by the equally new Latin American Notaphilic So- ciety. All articles in the finely printed 5 1/2 x 8 1/2 journal appear in English and Spanish versions in parallel columns. Vol. 1, No. 1 contains useful articles on "Mone- tary Disorder and World Trade," "South American Civilization," and "Brazilian Money of Necessity." The magazine is edited by Yasha Beresiner of the Interna- tional Bank Note Society and is printed in England. In- formation is available from A. C. Matz, 3208 Dorithan Rd., Baltimore, MD 21215. "Notgeld Newsletter" is a bound pamphlet 8 1/2 x 11 of the first four issues of this publication. It includes topi- cal listings, a translation table and chart for reading the old German alphabet, tabulations of quantities issued, a classification system and a bibliography of Dr. Keller's notgeld catalogs. For future issues, contact Dwight L. Musser, Box 305, Ridge Manor, FL 33525. (Continued on Page 91) WHOLE NO. 46 Paper Money PAGE 91 Something to Think About Our Vanishing Gold Certificates By Robert H. Lloyd T is now nearly 40 years since the Gold Certificate was retired from circulation by the order impound- ing the gold coin of the nation. Since 1935, when the circulation had already been drastically reduced, about 88% have disappeared. The usual redemptions over the years account for over 83 million dollars worth, and Treasury "write-offs" account for 14 million dollars more. At the time the Certificates were called in through the Federal Reserve Banks, people were heard saying that the notes would be widely hoarded in the hope that they would someday be exchangeable for gold coin. It was even said that foreign banks would retain them in the same expectation. Many hoarders were unable to hold the notes due to the extent of the Depression. And with the passing years it became evident that redemp- tion in gold would be only a remote possibility. The original gold restriction order made no provision for the retention of Gold Certificates by collectors. Many very desirable specimens were no doubt redeemed. A few years ago when this restriction was removed, col- lectors eagerly sought them. But the action came too late; the damage had already been done. Many scarce and rare notes had been fed to the furnaces. In the 'teens of this century. the Gold Certificates formed a very large part of our total circulation. with National Bank Notes, United States Notes, and Silver Certificates making up the hulk of the small denomi- nations. When the retirement order was promulgated, the bulk of the issue was retired in a matter of months. To illustrate how rapidly this currency has been retired, we print the amounts outstanding on various dates as reported in the monthly statement of the Treasury on Form 5702 and later on Form 1028: GOLD CERTIFICATES OUTSTANDING (As of Dec. 31st on year indicated) Denomi- nations 1935 1940 1945 $10 $ 23,956,625 $15,223,670 $12,546,270 20 41,717,844 25,120,614 19,865,034 50 11,674,130 7,195,205 5,784,405 100 18,387,550 11,019,750 8,556,550 500 4,792,750 2,914,250 2,105,750 1000 8,645,500 5,063,500 3,042,500 5000 480,000 325,000 320,000 10000 970,000 500,000 360,000 Total 110,624,399 67,361,989 52,580,509 1950 1955 1963 $10 10,307,290 8,953,620 8,248,680 20 15,781,474 13,143,814 11,764,394 50 4,494,255 3,627,455 3,164,955 100 6,548,250 5,128,650 4,386,650 500 1,508,250 1,133,750 949,750 1000 2,216,500 1,696,500 1,415,500 5000 290,000 105,000 85,000 10000 130,000 120,000 120,000 Total 41,276,019 33,908,789 30,134,929 Be fore First Write-off July 31, 1962 After First Write-off Aug. 31, 1962 $10 8,125,500 5,337,710 20 11,503,474 7,843,984 50 3,064,405 2,148,475 100 4,171,050 3,085,200 500 889,750 660,750 1000 1,299,500 937,000 5000 70,000 70,000 10000 120,000 120,000 Total 29,243,679 20,203,119 Bef Second A f ter Second Balance on Write-off Write-off Dec. 31, 1965 Oct. 31, 1964 Nov. 30, 1964 $ 5,222,860 $ 3,366,500 $ 3,334,420 7,602,914 5,093,414 5,036,404 2,058,225 1,344,425 1,316,225 2,914,500 2,208,800 2,163,850 605,500 598,000 590,000 803,000 580,000 555,000 50,000 50,000 50,000 80,000 80,000 80,000 19,336,999 13,321,139 13,125,899 Last date on which denominations were reported. Now only totals are given on the monthly report. Note the odd dollars, which indicates redemption of fragments of notes. Non-circulating Gold Certificates, Series of 1934, are not included in the totals for obvious reasons. Library Notes (Continued 1 . 1.01D Page 90) The Ball work on Confederate Depository Receipts, etc. is an excellently produced, hardbound 81/2 x 11, 46-page book with historical background and complete, illustrated listings. The Senate history of its Committee on Finance, a 124- page softbound book, is a gold mine of numismatic in- formation, particularly on the period 1815 to the Civil War, leading up to the issuance of the first federal paper money. We now have a large stack of mint COINage maga- zines from 1964 to 1972 sent in two large cartons by Ed. J. Gluesing. Those familiar with the monthly publication know that at frequent intervals it has published many paper money articles, including in recent years a regular column by Arlie Slabaugh. Does anyone have an extra of Vol. 1, No. 2 of Grover Criswell's Bank Note Reporter to fill in our run of this new tabloid? It bids fair to become an important publica- tion and we would like to be complete in Volume 1. Please send to Barbara R. Mueller, 225 S. Fischer Ave., Jeffer- son, WI 53549. NEW ACCESSIONS A-7, Almanzar, A. & Stickney, B.-The Coins and Paper Money of El Salvador; 1973 (gift of the authors) B-6, Ball, D.-Confederate Interim Depositary Receipts & Funding Certificates Issued in The Commonwealth of Virginia 1861-1865; 1972 (gift of C. J. Affleck) H-6, Hewitt-Donlon Catalog of United States Small Size Paper Money, 1973, ninth edition (gift of Nathan Gold- stein) (Concluded on Page 97) $10 20 50 100 500 1000 5000 10000 Total PAGE 92 Paper Money WHOLE NO. 46 Canadian Paper Money at Auction Sale of the Walter _D. Allan Collection (Continued from Vol. 12, No. 11 104 $5. The Bank of Nova Scotia, July 2, 1918. Bank logo of a lion rampant in a shield over a 2 on the face of the note. Ser. 2194289; plate C. Am. B.N. Very Good. Portraits left and right. 25. 00 ;2-0 105 510. The Bank of Nova Scotia. Jan. 2, 1929. Ser. 1143030. C. B. N. EF plus. Becoming , 00 scarce this nice. 50.00 A NICE EXAMPLE OF THE SELDOM ENCOUNTERED NORTHERN BANK ISSUE. 106 $10. The Northern Bank. Nov. 1, 1905. Ser. 05402. Br.•Am. B. N. Very Good. The face 750.00 6 7S: 00 A CHOICE CONDITION $5. BANK OF OTTAWA NOTE. features a harvesting scene. PHOTO 108 35. The Bank of Ottawa. Nov. 2, 1880. Ser. 11782. Am. B. N. EF plus. Three beautiful vignettes on the face and an interesting "rafting" scene on the back, Rare so choice. PHOTO 850,00 900. 00 109 510. The Bank of Ottawa. Jan. 2, 1903. Signed Geo. Hay (pres.). Ser. 33284; plate C. Br. Am. B.N. VG to Fine. Olive brown with the bank building at the left, cattle in the center and the Parliament buildings at the right. A coat of arms is on the reverse. Scarce. HOTO 300.00 00 120 $5. The Royal Bank of Canada. Jan. 2, 1909. Signed Holt. Ser. 433312. Am. B. N. VG plus Woman with children and dove at left. This green note has "Incorporated 1869" vertically at left. 121 510. The Royal Bank of Canada. Jan. 2, 1909. Signed Holt. Ser. 177268. Am. B.N. Fine plus. Same issue as previous lot. , but much scarcer denomination. "Incorporated 1869" is at the left end. Worth well over catelog. PHOTO 122 310. The Royal Bank of Canada. Jan. 2, 1913. Bank logo of a crown over 11 in a circle is at the left end. Signed Holt. Ser. 2595781; plate D. Obverse plate number 22, reverse number 13. C. B. N. EF plus. This is the popular "battleship" note (see Charlton catalog for illustration). Nice example. 132 S5. The Sterling Bank of Canada. Jan. 1, 1914. Ser. 048085; microscopic plate letter K on face and G on back -. \Vaterlow. About Fine This is the popular yellow "train note" with a red reverse featuring a vig. of a girl's head. Has the Waterlow safety feature of colored threads in the paper. There are some pencil marks on the face and 7/8" and 3/16" tears in the right edge. Catalogs $200. in VG PHOTO 250.00 M0, 00 133 510. The Sterling Bank of Canada. Apr. 25, 1906. Ser. 55030. Br. Am. B.N. Very Good. Ornate X center and a seated woman in an oval frame at the left. The reverse is green with "Britannia and Lion Pointing to Ship" in an oval frame at the left. This is the earliest of the $10. issues for this bank and is quite scarce today. 275.00 190. 00 . 134 35. The Bank of Toronto. Oct. 1, 1929. Ser. 2011655; plate 50 face, 21 back. C. B.N. last of the large $5. issues for this bank. Fine. 0025.00 ,2 8, 1:35520. The Bank of Toronto Oct. 1, 1929. Ser. 153889. C.B.N. Fine•VG. Last large $20. issue for the hank PHOTO. 65.00 6 0 , 00 136 550. The Bank of Toronto. Feb. 2, 1920. Ser. 22773. C.B.N. Fine. Bull's head at left, Parliament buildings in the center and a cattle scene at the right. There are two faded spots in the center and right and evidence of removal of crayon or - dirt. Still attractive. 90.00 Y'3--, 00 137 As previous lot, but grades Very Good. Slightly rough top andbottom edges and a few pin holes. 70.00 63; 00 13835. The Union Bank (Montreal). Aug. 1, 1838. Ser. 3919. R. \V.Ii. Good. Two nice vignettes: a buffalo hunt scene at the top Center (after Gatlin's "Buffalo Hunt") and signed by engraver (James Smillie) and an Indian ("Tecumseh") at the right. The reverse features green geometric latheworl.. 15.00 / 0 , dO THE RARE $10. NOTE OF LA BANQUE VILLE MARIE IN VERY FINE. 149 $10. La Banque Ville Marie. Jan. 2, 1889. Ser. 8075. Br.Am.B.N.Very Fine Exceptionally clean and bright; however, "PAID FEB. 190o" is stamped several times across the face in purple ink and FINANCE DEPT." is stamped several times on the rev. The note is still attractive and certainly extremely desirable. 152 55. The Weybum Security Bank. Jan. 3, 1911. C. B.N. EF plus. Beautiful'example of this popular and scarce note. 153 $3. The Zimmerman Bank (Clifton). 185• . Undated and unsigned. Ser. 804. T. C. About VG. Blue note with red "THREE" panel. There is a stain and a tear at the left end. and at the top left. Notes of this denomination are in considerable demand. 35.00 37 85.00 00 75.0C 80 . 0 0 750.00 675: 00 400.00 75: 00 22.00 22 .25- WHOLE NO. 46 Paper Money PACE 93 gnteryold. October 27-28, 1972 (All descriptions taken verbatim from auctioneer's catalog) 154 As above, but is Ser. 58, has the initials J. J. D. for the cashier. and is Scarce in this condition. EF plus. PHOTO 60.00 '70- 0 0 SMALL SIZE CHARTERED BANK NOTES. 100 510. Banque Canadienne Nationale. Jan. 2, 1935. Ser. 015852. C. B. N. Uncirculated. with .1 trace of a counting crease. 60.00 60e ejD 165 510. The Provincial Bank of Canada. Sept. 1, 1936. Green face. Ser. 115882. Extremely Fine. 111,2 green issue is rare (the common issue is orange). 150.00 /-36.. 4'0 $10. The Royal Bank of Canada. Jan. 2, 1935. Light orange-gold color. Ser. 051916. Br. Am. EF plus. 40.00 3 7-519 171 $100. The Canadian Bank of Commerce.Jan. 2, 1917. Ser. 00000; obv. plate D and 1, rev. 1. C.B.N. SPECIMEN, Unc. The usual red "SPECIMEN" overprint and two small punch holes at the bottom. This and the previous three lots compare most favor- ably to the famous "educational" series of U.S. notes. 350.00 335. O0 180 52. Banque du Canada. 183-. W. L. a PROOF (?). Appears to be an early promissary note or draft. May be an essay prepared and then never used. Attractive and rare.PHOTO 300.00 350. 00 184 $1. Cuvillier 8 Sons (Montreal) 18--. Unsigned, undated. R. W. H. Uncirculated. perfect. Presumably an unsigned note left in stock. A few of these have appeared in recent years but they usually have minor creases. 100.00 7s; 00 197 $5. Imperial Bank of Canada. 'Nov. 1, 1923. Ser. 000000. C. B. N. SPECIMEN. Almost (inc. Two punch cancellations and a red "SPECEMEN" at bottom. Serial very minor surface flaws; one tiny tear in bottom edge. PHOTO 350.00 3oore4 198 5 100. Imperial Bank of Canada. Nov. 1, 1923. Ser. 000000. C. B.N. SPECIMEN, Perfect except for a few minor flaws in the paper (as made). Four punch holes near bottom and red "SPECIMEN". PHOTO 199 520. Imperial Bank of Canada. Reverse PROOF. Has "VOID" and "SPECIMEN" punch cancel- lations; cancelled once in purple ink near right end. A few minor paper imperfections. 75.00 20. UV 200 sloo. Imperial Bank of Canada. Reverse PROOF. Same cancellations as previous lot; similar paper imperfections. 75.00 MISCELLANEOUS NOTES, BONS, PRIVATE ISSUES, COMMERCIAL COLLEGE NOTES, Etc. 227 51. Alberta-Prosperity Certificate. Aug. 5, 1936. Ser. 240749. Western P. About Unc. Is Unc. except for slight damage to bottom right corner. No stamps on reverse. 28.00 oc 2 2 9 SI. Board of Police- Cobourg. Apr. 22, 1848. Ser. 653. Fine plus. Pen cancelled (as a lways). The scarcer early issue. Nice clean note with a few minor edge tears and a small piece out of the right edge (repaired). 38.00 .36, ar 231 51. Board of Police - Cobourg. 11 Nov. , 1848. Ser. 1249. Star Office. Fine. The later issue, with sailing ships vig. at the top center. 22.00 OV 232 52. Board of Police - Cobourg. 11 Oct. , 1848. Ser. 699. Star Office. Fine plus. to the preceding lot, but $2 or 10 shillings. 22.00 234 V. John Albro 8 Co. 1820. C. W. T. Very Fine. A scarce early merchant's note payable in "GOLD OR PROVENCE NOTES". Left signature faded, right signature cut out (as most are). Seldom offered and excellent condition for the issue. PHOTO 100.00 76 , 00 235 51 Jewett 8 Pitcher (N.B.) Bankers. Dec. 1, 1873. Am . B. N. Fine plus. Logging scene in center and deer at left. The left vignette is signed with a monogram containing JDS (for James D. Smillie) and is dated Oct/61. Has six small punch cancellations and a 5 cent U.S. Internal Revenue stamp near the top left. Very attractive:PHOTO 35.00 Si, e.) 237 5 1/2. Baptiste Clement.Oct. 26, 1837. Ser. 26. Starke&Co. EF plus. Early private note in French and English from Rivier du Chaine, Quebec. Rev. of U.S. 50 cent piece pictured at the top center. Excellent condition for the issue. 238 15 Sous. Distillerie de St. Denis. July 22, 1837. Ser. 508. L. Perrault. EF.The scarcer early issue of these notes in excellent condition. Shows 1 reale piece in top center. Very small portion of upper left corner missing. 219 30 Sous. Distillerie de St. Denis. July 22, 1837. Ser. 176. L. Perrault. Fine. Another early issue note in unusually nie c condition. In the top center is shown a two rule piece and there is - ONE Sill 1-LING and TIIREE PENCE" at the bottom. •1!,o has "entre 29 Janvier 1837" written along the bottom. loo 375.00 3.,2-;_.C. 00 Similar 45.00 1/7. 10. 00 /9. sr I 5 00 /C• PACE 94 WHOLE NO. 46Paper Money SECRETARY'S REPORT New Member Roster No. New Members Dealer or Collector Specialty 3701 Lonnie Buss, Star Route, Box 3, Cozad, Nebr. 69130 3702 J. M. Bradley, P. 0. Box 33, Cloudcroft, N. Mex. 88317 J3703 Rodney L. Kelley, 17 Eaton Drive, Little Rock, Ark. 72209 3704 C. A. House, P. 0. Box 509, Baker, Ore. 97814 3705 Richard T. Erb, 120 13th Ave., Apt. H, Columbus, Ohio 43201 3706 Douglas Berryman, 360 First Street, Port Edwards, Wis. 54469 3707 James R. Artz, 325 S. Oak St., Ephrata, Pa. 17522 3708 Alex T. Perdue, 6509 Cantrell Road, Little Rock, Ark. 72207 3709 Paul J. Valliere, Sr., 24 Elm Street, Concord, N. Hamp. 03301 3710 John C. Albright, 2348 Ponce de Leon Blvd., Coral Gables, Fla. 33134 3711 George A. Flanagan, 16 Hughes Lane, North Baby- lon, N.Y. 11703 3712 H. E. Collins, 1130 Quaker Street, Dallas, Texas 75207 3713 Alvin W. Moehring, 16729 Joan St., Southgate, Mich. 48195 3714 Neil Sowards, 548 Home Ave., Fort Wayne, Ind. 46807 3715 Paul H. Johansen, 2 El Vedado Lane #24, Santa Barbara, CA 93105 3716 Richard M. Alexander, 150 Hi-vue Lane, Peoria, Ill. 61604 3717 Carmen J. Maggio, 1053 Bloomfield Ave., Clifton, N.J. 07012 3718 Philip Kaufman, 30-64 37th St., Astoria, N.Y. 11103 3719 Stanley J. Brunk, 1401 Kingsley, Colorado Springs, CO 80909 3720 PhilaMatic Center, Boys Town, Nebr. 68010 3721 Richard Frame, 12 E. Jericho Turnpike, Mineola, N.Y. 11501 3722 John Klug, 87-31 86th Street, Woodhaven, N.Y. 11421 3723 Andrew P. Rasmussen, 1610 Metropolitan Ave., Bronx, N.Y. 10462 3724 Clyde S. Bensey, Route 2, Box 25, Harriman, Tenn. 37748 3725 David Klein, P. 0. Box 2191, Norwalk, Conn. 06852 3726 Thomas L. Crow, 4210 Meramec, Apt. 2A, St. Louis, Mo. 63116 3727 Carling Gresham, Rt. 2, Box 1085, Citra, Fla. 32627 3728 H. P. Levius, 70 Central Street, Houghton, Johan- nesburg, So. Africa 3729 Andrew F. Nill, Sr., P. 0. Box 151, Huntington Sta., N.Y. 11746 3730 Edward J. Filliger, 68 Burnt Tavern Rd., Lake- wood, N.J. 08701 3731 Richard L. Musgrave, 131 E. Church St., Bethle- hem, Pa. 18016 3732 Douglas R. Hague, Box 1, Gorham, Maine 04038 3733 Leonatd Holden, P. 0. Box 27, Hardy, Ark. 72542 3734 Carl J. Murphy, 30 Fairview Ave., Athens, Ohio 45701 3735 Ronald P. Wilson, 106-D Rhu Drive, Mobile, Ala. 36608 3736 Charles L. Seaman, P. 0. Box 698, Ogunquit, Maine 03907 3737 N. David Snyderman, 9164 Bay Drive, Surfside, Fla. 33154 3738 Gary L. Doster, Rt. 2, Box 18-A, Watkinsville, Ga. 30677 3739 Franklin D. Fitzpatrick, 39 S. Arnold Ave., Pres- tonsburg, Ky. 41653 3740 Allen S. Edwards III, 62 Banister Dr., Hampton, Va. 23366 C Broken bank notes C National Currency and $1.00 FRN's C Arkansas obsolete paper money C National Bank Notes, especially of Oregon C German Empire and American obsolete C National Bank Notes (local) and small-size notes C Penna. bank notes, large & small C C D C C C, D D C D C, D C C C C C C C, D C C C C, D C C C C, D C C D C C C C All types, large & small notes and Silver Certificates Netherlands East Indies Large-size S.C. and Legals U. S. U. S. Broken bank notes, checks, worldwide U. S. small-size notes Colonial, Continental, fractional National Bank Notes, Series 1929 All paper money Blocks - $1.00 notes Proof notes, essays, specimens, vignettes $1 F.R.N.'s Low nos., matched nos. North Africa, Arabic, Egypt, Indonesia, Netherlands East Indies Currency surcharges World U. S. large-size Gold Certificates U. S. $1 and $2 notes (crisp) All American currency U. S. U. S. large-size notes, fractional, Con- federate Broken bank notes All types of U. S. currency WHOLE NO. 46 Paper Money PAGE 95 3741 Henry Starley, P. 0. Box 2223, Birmingham, Ala. C 35201 3742 Kenneth Bassett, 502 Carson Road, Ferguson, Mo. C 63135 3743 David G. Granzin, 15151 Ellen Dr., Livonia, Mich. C 48154 3744 Mrs. Ann Marie Dodson, 222 Watchung Ave., Mont- C clair, N.J. 07043 3745 David C. Norton, 115 North Road, Kingston, R.I. C 02881 3746 Chauncey P. Foote, Jr., c/o American Bank Note C Co., 70 Broad St., New York, N.Y. 10004 3747 Walter Rosene, Jr., 127 Oak Circle, Gadsden, Ala. C 35901 J3748 Mark Mench, Box 277, Watkin Ave., Chadds Ford, C Pa. 19317 3749 C. L. Taylor, Rt. 1, Box 265A, Gulf Breeze, Fla. C 32561 3750 James D. Trent, Jr., 102 W. Sunrise Dr., Lexington C Park, Md. 20653 3751 Clyde H. Elder, 500 Connelly, Clovis, N. Mex. 88101 C, D 3752 Harold G. Schmidt, 197 White Rock Road, Yar- C mouth Port., Mass. 02675 3753 Tracy G. Thurber, Tilden-Thurber Corp., Provi- C, D dence, R.I. 02903 3754 William S. Marvel, P. 0. Box 72, Delmar, Del. C 19940 3755 Danny De La 0, 208 West Holland Ave., Alpine, C Texas 79830 3756 Joseph C. Sabatasso, 85 Judson Ave., New Haven, C Conn. 06511 3757 Victor L. Colthorp, 510 Osborn St., Eaton Rapids, C Mich. 48827 3758 William P. Lewis, 118 Meridian Rd., Levittown, C N.Y. 11756 3759 Dennis D. Green, 3131 Fernbrook Lane North, C Minneapolis, Minn. 55441 3760 David J. Althoen, 238 E. Charlotte Ave., Anaheim, C, D CA 92805 Reinstatement 2641 Eugene W. Marvin, SGM, HQ CO USASA Spt. Gp., Box 254, Fort Meade, Md. 20755 2899 Larry L. Ruehlen, 20614 Kenosha, Harper Woods, Mich. 48225 174 James T. Mitchell, 5807 Mohawk Road, Meridian, Miss. 39301 2395 Dr. Michael Kupa, Budapest XII, Maros U. 44/ B.1.1., Hungary 3280 Frank B. Knight, 704 S. Ave. C, Kermit, Texas 79745 U. S. small-size notes and large-size Silver Certificates Broken bank notes and R.R. notes U. S. large-size notes Rhode Island broken bank notes Type notes; Fla., Miss., Ala., Ga. Nationals National Bank Notes Vignettes - currency & stamps, historical and topical interest Broken bank notes, Confederate Colonial, broken bank notes, fractional, U. S. - large and small-size, Continental, Confederate U. S. bank notes and National Currency of Texas & Western States National Bank Notes U. S. large and small-size notes U. S. small-size notes $1.00 F.R.N. Silver Certificates, large-size notes, frac- tional currency 230 Edgar M. Batchelder 40 Harold L. Bowen Deceased 1257 Irving M. Moskovitz 953 Arthur C. Tishacek Resignations 189 2756 1661 165 3389 3362 1730 2154 1940 3255 1053 3305 William T. Anton, Sr. Haven A. Brigham Ambrose J. Brown L. A. Cook C. Glenwood Crist M. Alma DeBenedetto Hilario Ferrari Charles D. Fuhr Charles W. Hopkins Theodore Isler Emmett Klopfenstein Richard A. Knepper 2604 669 2452 3433 3109 936 1128 2861 1623 2981 1113 John H. McWhinney C. Morgensen Edward Morris James Jay Morris S. V. Nordan A. Hawley Peterson Edward L. Stephens Charles Stevens William W. Turner Frank Yangl Edward Zaremba 3235 James E. Charlton Moved—Left No Forwarding Address 3193 Fred T. !Jennie PAGE 96 WHOLE NO. 46Paper Money MONEY MART FOR USE BY MEMBERS OF THE SOCIETY ONLY PAPER MONEY will accept classifield advertising from members on a basis of 5c per word, with a mini- mum charge of $1.00. The primary purpose of the ads is to assist members in exchanging, buying, sell- ing, or locating specialized material and disposing of duplicates. Copy must be non-commercial in na- ture. At present there are no special classifications but the first three words will be printed in capital letters. Copy must be legibly printed or typed, accompanied by prepayment made payable to the So- ciety of Paper Money Collectors, and reach the Editor, Barbara R. Mueller, 225 S. Fischer Ave., Jeffer- son, Wis. 53549 by Aug. 10, 1973. Word count: Name and address will count for five words. All other words and abbreviations, figure combinations and initals counted as separate words. No check copies. 10% discount for four or more insertions of the same copy. Sample ad and word count: WANTED: CONFEDERATE FACSIMILES by Upham for cash or trade for FRN block letters, $1 SC, U. S. obsolete. John Q. Member, 000 Last St., New York, N. Y. 10015. (22 words; $1; SC; U. S.; FRN counted as one word each) (Because of ever-increasing costs, no receipts for MONEY MART ads will be sent unless specifically requested.) NATIONAL BANK NOTES from all states for trade. I am especially interested in notes from Oklahoma and Arkansas. However, I will trade for interesting notes from many of the other states. Please let me know what you are interested in. I may have something you need. Dale Ennis, Box 14, Coalgate, OK 74538 MONTANA NATIONALS WANTED for personal col- lection. Will trade Montana and Idaho duplicates or pur- chase. Milton M. Sloan, Whitefish, MT 59937 MISSOURI CURRENCY WANTED: Nationals, obsolete and bank checks from St. Louis, Maplewood, Clayton, Manchester, Luxemburg, Carondolet and St. Charles. Ronald Horstman, Route 2, Gerald, Mo. 63037 (48) WANTED PAPER MONEY: Russia and Baltic States collection or better singles. Describe and price or ship for my offer. M. Byckoff, Box 786, Bryte, CA 95605 WANTED: OBSOLETE NOTES on "Indian Reserve Bank," Kokomo, Indiana, 1856-1858, any denomination. Louis H. Haynes, 1101 E. Fisher, Kokomo, IN 46901 WANTED: U. S. SMALL Notes—F.R.N. all 1950-$5.00 Districts 6-8, 1950 $10.00 Districts 6-8-11, 1950A $10.00 Districts 6-11. Condition G to Unc. Irving L. Swanson, 805 Delta Ave., Gladstone, MI 49837 (47) WANTED: MILITARY CURRENCY WW II especially Military Payment Certificates. Fair prices depending on condition. Clark Hutchason, P. 0. Box 1773, Burlingame, CA 94010 WANTED: SOUTH CAROLINA colonial, obsolete and National Bank Notes. Top prices for S. C. proofs. Austin M. Sheheen, Jr., P. 0. Box 428, Camden, S. C. 29020 (48) MONTANA NATIONALS WANTED: Large or small size. Will pay cash or trade other state currency that I have. Price and describe or send insured for my fair offer. Newton J. Cummings, Box 397, Malta, MT 59538 NORTHAMPTON AND SPRINGFIELD, Massachusetts Nationals wanted. Large and small. Describe with best price to Robert Cornell, P. 0. Box 9, Northampton, MA 0106 (48) MINNESOTA NATIONALS WANTED: Small or large- size. Will pay cash or trade. Please describe fully and advise your preferences as to state you desire. Second needs are for North Dakota, South Dakota or Montana. John R. Palm, 18475 Thorpe Rd., Deephaven, Wayzata, Minn. 55391 (48) WANTED: BROKEN BANK notes and sheets of the New England States for my collection. I will travel with- in New England and New York for large offerings. Top prices paid, write with description and price wanted or send notes for my offer. No obligation. John Ferreri, P. 0. Box 33, Storrs, Conn 06268 TEXAS NATIONALS WANTED. Singles and sheets for my collection, especially West, Longview, Taylor, Ennis, Sonora, Granger. Marvin Mikeska, Box 26, Long- view, Tex. 75601 RHODE ISLAND NATIONALS and obsolete bank notes wanted for my collection. Also Blackstone, Mass. Price and described. George J. Cormier, 32 Birch St., Woon- socket, RI 02895 (48) WANTED: BB, BC, and LA 1969B and BA and EA 1969D numbers higher than 99840000, 1969 C's higher than B76160000D, and 1969 D's between B26240001A and B32640000A. The Rev. Frank H. Hutchins, 924 West End Ave., New York, NY 10025 (48) WANTED: MICHIGAN NOTES obsolete, large Nation- als, sheets. Send description, price, condition. D. Granzin, 15151 Ellen Dr., Livonia, MI 48154 WANTED: MILITARY PAYMENT certificates and cur- rency W. W. II. Send list with prices or ship for highest prices. Clark Hutchason, P. 0. Box 1773, Burlingame, CA 94010 (50) WANTED $5 THRU $100 "Connally" regular and star notes from all districts. Will refund postage to anyone requesting list. All help appreciated. Thos. C. Bain, 3717 Marquette Fr., Dallas, TX 75225 JAPANESE NOTES WANTED: Please write, listing notes with prices, or send notes with prices. Payment or notes sent right back. I collect by plate numbers as well as by type. Especially needed, 20 and 200 Yen notes by plates. David B. Carlson, 49 Buttles Rd., Granby, CT 06035 WANTED INDIANA OBSOLETE before 1861, especial- ly Indian Reserve Bank, Kokomo, Ind. Louis H. Haynes, 1101 E. Fischer, Kokomo, IN 46901 (55) MILITARY CURRENCY WW2 wanted: Allied, Axis, Japanese invasion/occupation and military payment cer- tificates. Edward Hoffman, P. 0. Box 8023, Camp Lejeune, NC 28542 (49) WHOLE NO. 46 PAGE 97Paper Money GEORGIA BROKEN BANK notes wanted by private collector. Especially want early, rare piece. Also inter- ested in corresponding with other serious collectors of Georgia broken bank notes. Gary L. Doster, Rt. 2, Box 18-A, Watkinsville, GA 30677 The Canadian Paper Money Journal: Vol. IX, No. 1 COINage: 1964-1972 WILLING TO PAY top prices for $50 and $100 obsolete notes on Bank of Athens, Ga. and $50 and $100 notes on Bank of State of Ga., branch bank at Athens. Also want other rare Ga. obsolete. Gary L. Doster, Rt. 2, Box 18-A, Watkinsville, GA 30677 UPGRADE YOUR MPC collection. Trade your duplicate notes, gold coins, commemoratives for hi-value MPC notes. Pricelist SASE. Make offers. Mervyn H. Reynolds, P. 0. Box 3007, Lee Hall VA 23603 (57) I WILL BUY, sell or trade stock certificates. Uncut sheet Territory of Florida available. Frank Sprinkle, Box 864, Bluefield, WV 24701 The Check List: Vol. IV, No. 1 The Essay-Proof Journal Vol. 30, No. 1, Winter 1973 Lansa: Vol. 1. No. 1 The Numismatist: Vol. 86, Nos. 1-4 ANA Bulletin: Jan., Feb. 1973 Paper Money: Vol. 12, No. 1, 1973 U. S. POSTAL notes and money orders, government or private issue, desired for purchase; research also. Any quantity, any condition. Acknowledgments will be given. Write or send: Nicholas Bruyer, 1503 W. 5th St., Irving TX 75060 •• • • • • • DOUBLE DENOMINATION NOTE: Information wanted relating to the $5/10 Kansas City 1934D FRN error. 1 am assembling background and serial number data on these notes. Any help will be greatly appreciated. G. A. Flanagan, 16 Hughes Lane, North Babylon, NY 11703 WANTED: OBSOLETE SCRIP and notes from U. S. breweries. Also tokens, checks, pinbacks, mirrors from same. Ken Bassett, 502 Carson Rd., Ferguson, MO 63135 SELLING FRN COLLECTION: Complete 1963, 1963A, 1963B, 1969 block letter sets; also 1957, 1957A, 1957B Silver Certificate set and other Silver Certificates. Send SASE for list. Bob Slawsky, P.O. Box 423, Rockaway, NJ 07866 (48) Obsolete Note Listing Project Report Richard T. Hoober, coordinator of work on the various state listings of obsolete notes for the SPMC-Wismer catalogs, reports that the manuscripts for Pennsylvania and New York are nearly completed. If anyone has any unusual items which he feels may not have been re- corded, he should contact Mr. Hoober at Box 196, New- foundland, PA 18445 or John J. Guevrekian, 56 Green- lawn Blvd., Valley Stream, NY 11580 at once. Several other manuscripts are also nearing completion, including Indiana and Louisiana. Maurice Gould would like help with his Massachusetts listing also. •• • • • •• CONNECTICUT CURRENCY WANTED: obsolete bank notes, scrip and colonial items. Also, any CU large-size National of Connecticut. Describe or send with price. Richard J. Ulbrich, P. 0. Box 401, Cheshire, CT 06410 (49) Charles Affleck reminds all pape: money enthusiasts that the 15th annual Virginia Numismatic Association show and convention will be held at the Natural Bridge Hotel, Natural Bridge, Virginia, Sept. 21-23, 1973. For further information write VNA, P. 0. Box 353, Hampton, VA 23369. •• • • • •• Library \ oles Some 18 SPMC'ers enjoyed a luncheon meeting at the Texas Numismatic Association convention in Dallas on March 31, 1973, according to Tom Bain. Members from such distant states as Iowa and Michigan signed the register. •• • • • • • (Concluded from Page 91) M-6, Musser, D.-Notgeld Newsletter, Vol. 1 (gift of the publisher) M-7, Muscalus, J.-Oglethorpe at Christe's (sic) Sale of Dr. Johnson's Library on Paper Money; 1965 (gift of the author) M-8, Muscalus, J.-County Scrip Issued in The United States, 1948; 2 copies (gift of the author) M-9, Muscalus, J.-State-Owned Banks, the Pet Banks, and Their Bank Notes; 1940 (gift of the author) M-10, Muscalus, J.-Illustrations of County Scrip Is- sued in Mississippi, North Carolina, Tennessee & Penn- sylvania, 1967 (gift of the author) M-11, Muscalus, J.-General George B. McClellan on Paper Money; 1972 (gift of the author) ADDITIONS TO PERIODICALS SECTION: This Is The New One-Eighth (1/8) Page Size Ad Space. It is available for $8.00 per issue or $30.00 for four. The Bank Note Reporter: Vol. 1, Nos. 1, 3 THE ALBERT A. GRINNELL COLLECTION OF UNITED STATES PAPER MONEY; a complete reprint in one, hard-cover, 700-page volume of the seven sales which comprised the most com- plete collection of United States paper money ever assembled by any individual. Sales of 1944-46; complete reprint with all prices realized. This indispensable reprint reference was released by us in Aug. 1971, in a LIMITED EDITION of only 1000 con- secutively numbered copies at $25 each, and was enthusi- astically received by collectors, researchers and dealers alike. This book is destined to become a collector's item, and will no doubt one day equal the rarity of the original catalogues, bound sets of which will still bring $100 and up, when they can be found. As of this writing, there re- main very few copies on hand, and inasmuch as this was a limited edition, there will be absolutely none available once these last few copies are sold. IT WILL NOT BE RE-PRINTED. As a special service to S.P.M.C. members, we are offering the remaining reprints at a special clearance price of only $12.50 per copy, postpaid. SEND YOUR CHECK OR MONEY ORDER NOW, as these few remaining copies will most certainly go quickly. Order from either: M. PERLMUTTER c/o WM. T. ANTON, JR. • HISTORIAN • WOODCLIFF INVESTMENT CORP. P. 0. Box 476 P. O. Box 135 NEWTON CTR., MASS. 02159 LODI, N. I. 07644 BOOKS - BONDS - DEPRESSION SCRIP - CHECKS - ETC. Illinois Central Railroad 1907 Depression Scrip $10.00 and $20.00 notes $7.50 each BONDS AND CURRENCY Morris Canal and Banking Co New Jersey, stock certificate 1859, same vignettes as on the obsolete notes—$4. 00 State of Illinois $100.00 bond issued for War Fund, 1861, with coupons, rare—$40.00 Beautiful uncut sheet of 4 Fractional Share Scrip certificates dated 186-, issued by the Dubuque and Sioux City Railroad Co., carmine color on white—$6.00 State of Connecticut Revolutionary War Soldier's pay vouchers - 1784—$10.00 Ten different railroad stock certificates—$20.00 100 different uncirculated Notgeld—$12.00 Uncut .sheets of Wilhering and of Schwertberg Notgeld, ten diff. types—$4.00 each Uncut sheet of silk Notgeld of Bielefeld, 25 mark notes, consisting of 15 fronts and 15 backs, per- fect condition, rare—$150.00 North American Lumber Company, N. Y. stock certificate 1838, beautiful vignettes—$4.00 Grand Junction Railroad and Depot Company, Mass., 1853, $1,000.00 bond with coupons, magnificent vignettes of trains, ships, harbor and dock scene—$8.00 Uncut .sheet of 4 notes: 2 ones, 1 two, and 1 three dollar note of The Tallahassee Railroad Company —$30.00 BOOKS Knox, U. S. Notes, 1884, 247 pages, with facsimiles and Treasury notes—$35.00 Griffith, The Story of American Bank Note Company, 1959, new condition—$55.00 Sumner, History of American Currency, 1874—$25.00 R. L. Polk Co., Iowa State Gazetteer and Business Directories for 1906, 1914, & 1918, $15.00 each, also same for Missouri 1891—$35.00. These list all of the banks, businesses, etc. in the state, ex- cellent for research. THE CONFEDERACY Confederate Customs Report of early 1861, allowing importation of free goods into the Confederacy from a foreign country (the United States) at the Port of Holly Springs, Mississippi - very rare—$85.00 Holly Springs, Miss. printed receipts dated 1854, 1855, 1856, 1857, 1858, &1859, acknowledging pay- ment in full of Mississippi Railroad Tax for the previous year, each signed by the sheriff. $4.00 each CHECKS Washington, D. C. 1913, The Sergeant at Arms—House of Representatives, U. S., check written by Guy T. Helvering, member of Congress from the State of Kansas, check has scepter with globe and eagle at left and vignette of the House of Representatives in the background—$4.00 Check made out to and endorsed by General George S. Greene, by the Treasurer of the Board of Water Commissioners, Yonkers, N. Y., 1876. Greene was a Civil War general at the Battle of Gettysburg— $4.00 Uncut sheet of 4 check N. Y., Providence, & Boston R. R. Co. on Drew, Robinson, & Co., New York. 184-, on light blue stock—$10.00 Uncut sheet of 4 checks New York, Providence, & Boston Railroad Company on the Cashier of the National Bank of New York, 183-, red, white, and green—$12.00 Uncut sheet of 4 checks New York, Providence, & Boston R. R. Co., on the First National Bank of Stonington, Conn., 188-, black on pink stock—$8.00 Ten different railroad checks from the 1800's—$20.00. MARIE A. JOHNSON ROUTE 2, CLINTON, MICHIGAN 49236 Phone 313 - 456-4232 DCK Offers "Nice Ones" ... & Twos & Fives & .•• An unusually choice offering of large-size type notes and Nationals. Many other notes on hand. Your wantlist will receive prompt and diligent atten- tion. F—indicates Friedberg catalog number. F-16 $1 1862 CU Chittenden-Spinner $150 F-17 $1 1862 CU ABNC $250 F-18 $1 1869 CU Allison-Spinner "technicolor note" $180 F-20 $1 1875 CU Allison-New $80 F-35 $1 1880 CU Tillman-Morgan $75 F-39 $1 1917 CU Speelman-White $30 F-40 $1 1923 CU, but corner fold. Speelman-White $50 F-52 $2 1880 CU Bruce-Wyman brown seal $85 F-64 $5 1869 CU Allison-Spinner $135 F-79 $5 1880 CU Rosecrans-Nebeker $95 F-83 $5 1907 CU Vernon-Treat $50 F-91 $5 1907 CU Speelman-White $38 F-224 $1 1896 CU, but a couple of signs of paper ageing. A strictly crisp Educa- tional with no folds $110 F-228 $1 1899 CU Vernon-Treat $32 F-233 $1 1899 CU Teehee-Burke $32 F-236 $1 1899 CU Speelman-White $32 F-242 $2 1886 Rosecrans-Hyatt, Large Red Seal CU cut sheet of 4 notes. Dreamy $925 F-247 $2 1896 Tillman-Morgan, Educational CU $500 F-248 $2 1896 Bruce-Roberts, Educational CU $500 F-253 $2 1899 Napier-McClung CU $85 F-263 $5 1886 Silver Dollar Reverse. The most sought-after type note. CU, and gorgeous $800 F-272 $5 1899 Onepapa CU cut sheet of 4 $1000 F-282 $5 1923..Lincoln "Porthole" STAR NOTE CU $550 F-1187 $20 1922 Speelman-White CU Gold Note $165 -NATIONALS- F-382 $1 FNB of Lincoln, Ill. CN 2126 CU, a beauty $360 F-466 $5 2nd NB of Springfield, Mass. CN 181 CU $175 F-493 $20 FNB of Cumberland, Md. CN 381 CU $425 F-613 $10 Nixon NB of Reno, Nevada CN 8424 CU Write F-639 $20, F-647 $20 Red Seal, $10 1929-Ty 1, $20 1929-Ty 1. Four CU notes on the FNB of Cumberland, Md. All are serial number one $1050 F-380 $1 Alton NB of Alton, Ill. CN 1428 Close to VF. Only 5 kilobucks outstand- ing in 1929 $110 F-412 $10 Flour City NB of Rochester, NY (CN 1362). Better than Fine $125 F-501 $20 Brownback Mt. Sterling NB of Mt. Sterling, Ky. CN 2185 VG-F, design shaved at TR, oversize BR $95 F-598 $5 Cape Ann NB of Gloucester, Mass. CN 899 VF $50 F-598 $5 Mystic River NB of Mystic, Conn. CN 645 Fine $65 F-624 $10 FNB of St. Mary's at Leonardtown, Md. CN 6606. Fine. Title 'just' fits tablet $90 F-650 $20 Peoples NB of Middletown, Delaware CN 3019. VG, but limp. Clear sign of Betts and Eliason $160 5-day return privilege. Satisfaction or immediate cash refund. I PAY TOP PRICES FOR TOP-QUALITY NOTES. WRITE OR CALL. DON C. KELLY BOX 3115 HAMILTON, OHIO 45013 PHONE 1513) 523-3805 OBSOLETE NOTES AND SHEETS Continued from March Listing NEW YORK OS Ciy Bank, Albany, gd-vgd 510 same, good $10 Bank of Albany, 1813 coins left, fine First time I have seen this counterfeit. : 9 Bank of Albion, good 32 Same, TWO overprinted in green, good 32 Catskill Bank, Catskill, 1825, good 31 Millers Bank, Clyde, good 32 Same, vgcl 31 Bank of Chemung, Elmira, haying, good 35 Champlain Bank, Ellenburgh, vgd 52 Bank of Geneva, Geneva, 1818. ag $4.00; gd $1 Bank of Hudson, Hudson, 1817, unc. $2 Same, unc. $5 Same, exf $5 Farmers Bank, Hudson, 1864, good $5 Bank of Columbia, Hudson, early note unsigned, unc. 51 Same, 1825, good 85 Bank of Ithaca, Ithaca, 1833, vgd 31 Bank of Lansingburgh, Lansingburgh, fine $5 Exchange Bank, Lockport, good $2 Lyons Bank, Lyons, good 85 Same, vgd $1 Lewis Co. Bk., Martinsburgh, good $1 Same, Archimedes, good $5 Union Bank, Monticello, FIVE in red, good $5 Atlantic Bk, NYC, good $5 Bank of America, NYC, gd 5.00; fine 32 Corn Exchange, NYC, vgd $1 City Trust, NYC, fine 52 Globe Bank, NYC, fine $3 Franklin Bank, NYC, 1819, gd-vgd $5 Manhattan Co., NYC, 1819, end frayed, fine-vf $5 Same, 1815 , vf $5 Merchants Bk, NYC, 1815, fine $2 Mechanics Bk, NYC, 1814, f-vf 310 Mechanics Bank, NYC, 1814, fair-ag $5 New York County Bk, NYC, good 31 New York Loan, NYC, unc. 310 Same, unc. 320 Same, unc. 52 North River Banking, NYC, fine $5 Same, good 31 Red Hook Bldg., NYC, tine. 3 9 Tradesmens Bk, NYC, small corner missing, gd 35 Same, gel $3 Union Bank, NYC, 18, unsigned, unc. $2 City Bank, Oswego, large corner missing, gd 55 Bk of Owego, Owego, gel 4.00; exf 55 Cuylers Bk, Palmyra, gd $5 Wayne Co. Bk, Palmyra, unc. $1 Bank of Plattsburgh, Plattsburgh, 1823, vgd 3 9 Same, gd $5 Same, 1822, vgd 85 Same, Ceres 18, unsigned, unc. $5 Bk of Syracuse, Syracuse, good $5 Syracuse City Bk, Syracuse, gd-vgd $3 Bk of Troy, Troy, early note, gd $2 Commercial Bk, Troy, fair-ag $5 Manufacturers Bk, Troy, vgd $5 Merchants & Mechanics Bk, Troy, gd 4.00: vgd $5 Union Bk of Troy, Troy, ag 2.00; gd $5 Unadilla Bk, Unadilla, lathework, gd $2 Bank of Utica, Utica, 1860, gd $3 Bank of Utica, Utica, 1825, fine $10 Bank of Utica, Utica 1839, end missing, gd $5 Onieda Co. Bk, Utica, abt gd 53 N.Y. State Bk, Albany, 1814, fine 35 Weedsport Bk, Weedsport, gd NORTH CAROLINA 50, 100 Bk of Washington 3, 4, 5, 10 Bk of Washington 3, 4, 5. 10 Farmers Bank, Greensboro 5, 5, 5, 10 Bank of Greensboro $5 Merchants Exchange Bk. NY, Rawdon Wright proof affixed $5 Phenix Bank, NY, P. Maverick, light foxing, proof 550 City Bank, NY, Durand & Co. proof 55 Bk of Lexington, Lexington, Graham, fine 310 Same, vgd $5 Bk of Yanceyville, Yanceyville, fine 310 Same, fine 320 Same, vg-f 33 Bk of Washington, Washington, unc. 64 Same, unc. 05 Same, unc. $10 Same, unc. 320 Same, Indian, vgd 350 Bk of Yanceyville, Yanceyville, vgd OHIO 5.00 5, 5, 5, 10 Franklin Silk, Franklin 15.00 7.50 1, 1, 2, 3, Same 25.00 22.50 D, 21, 1 Monroe Falls 25.00 50c (4) 25c (. 2) N.W. Thatcher, Chillicothe, part sheet 30.00 5, 3, 2, 1 Post Notes, Cincinnati 25.00 25c, 50c, '51, $5 Progress sheet, Corp. of London, 6-note sheet 75.00 25, 25, 50c Erie Kalamazoo R.R., Toledo 100.00 25c, 10c, 50c Peter Black & Co., Zanesville 75.00 51 (5), $2 (5) H. H. Robinson, New London 90.00 5c 136) Summit Co. Bk, Cuyahoga Falls 50.00 10c (30), 50 16) Same 65.00 25c (32) Same 75.00 10c (16), 50 (2) Same, half sheet 35.00 13 Ohio Railroad, Richmond, abt gd 7.50 $3 Ohio Railroad, City of Ohio, gd 7.00 $5 Same, gd 5.00; fine 10.00 Sc, 10c, 25c Summit Co. Bk, Cuyahoga Falls, each unc. 2.00 50c Same 6.00 10c John Lewis, New Baltimore, unc. 4.00 52 Franklin Silk, unc. 6.00 $3 Same, unc. 9.00 35 Same, unc. 3.50 55 Bk of Sandusky, Sandusky, vf 15.00 $1 State Bk of Ohio, Columbus, gd 7.50 51 Fostoria, 1933, exf 1.00 01 Cinc. Whitewater Canal, AU 8.00 $2 Lebanon Miami Banking, vf 15.00 $5 Bank of Massillon, vgd 7.00 $1 Jefferson Bk of New Salem, unc. 15.00 PENNSYLVANIA Sc, 25, 10c doubled, Carversville 35.00 5c, 25c, 10c, Same, half sheet 20.00 5c, 6 14c, 10c, 12 1/2 c, 25c doubled, Eastern Wilkes Barre Tnpk 95.00 2, 1. 50c, 25c, 20c, 10c Marietta, Barr Spangler 40.00 20, 20, 50, 100 Berks Co., Reading 150.00 5, 5, 5, 10 Same 150.00 12 1,1 (2), 25 121, 50 (2) Lumbermans Bk, Warren 95.00 1, 1, 1, 2 Same 75.00 5, 5, 5, 10 Same 65.00 5, 5, 5, 5 McKean Co. 20.00 1, 1, 1, 1 Manual Labor Bank 50.00 25c (3) Philadelphia Savings Bk 25.00 51 i 6) Southwark Bank 45.00 5, 5, 5, 5 Phil. & Reading R.R. 75.00 Sc, IOC, 25c, 50c, $1, $5 Hollidaysburg Furnace, border edges frayed 75.00 $1, $2, $2 Cattawissa, half sheet 30.00 $2, $1, $1 Borough of Hollidaysburgh part sheet $2 damaged 45.00 25c, 50c, 25c Borough of York, part sheet 60.00 50c, 25c, 10c, 5c, 5c, 5c, $1 Indiana Iron Works, blue 25.00 Si, 50c, 25c, 10c, 5c, 5c Alleghany Furnace 25.00 85, 50, 25, 10, 5c, 5c Same 25.00 35 Northampton Bk, Allentown, gd-vgd 5.00 $5 Lehigh Co. Bank, Allentown, fine 15.00 $2 Farmers Bk, Bucks Co., Bristol. gd 5.00 35 Bk of Commerce, Erie, repaired, gd 5.00 Sc City of Erie, fine 3.00 10c Samuel Haves Druggist, Danville, sample note, unc. 7.50 51 Harmony Institute, Harmony, one 12.50 $5 Same, AU 12.50 $10 Central Bank of Pa., Hollidaysburgh, vf-exf 10.00 6 14c Kensington Savings Institute, Philadelphia, fine 15.00 51 Bank of Crawford, Meadville, gd 5.00 10c D. Krebs Miners Life Ins., Middleport, prooflike 15.00 25c Same, prooflike 15.00 50c Same, prooflike 15.00 10c, 25c, 50c Same, the above set, look like proofs but are probably samples 40.00 55 Monongahela Valley Bk, McKeesport, fine 7.00 $10 Lancaster Bk, Lancaster, gd 6.00 50.00 25c Wright & Co., Tunkhannock, vf 7.50 75.00 5c Schuylkill Bk, Philadelphia, gd 6.00 85.00 05 Bank of U. S., Philadelphia, 1808, vgd, small piece missing 30.00 110.00 $10 Comm. Bk of Pa., Philadelphia, 1830, fine 20.00 50.00 5c Manual Labor Bk, Philadelphia, vf 7.00 45.00 121/.c, Same, gd 5.00 50.00 350 Same, unc. 15.00 4.00 Sc County of Philadelphia, vgd 7.00 3.00 53 Bank of Fayette County, New Salem, Farmers & Me- 8.00 chanics, AU 20.00 10.00 31 Farmers Bk, Pottsville, fine 15.00 10.00 35 Berks Co. Bank, Reading, vgd 7.50 20.00 510 Towanda Bk, Towanda, unc. 7.50 35.00 $20 Same, exf 7.50 10.00 $3 Wayne County, end frayed, vf 9.00 10.00 $4 Same, vf 15.00 7.50 5c, 10c, 25c. 50c, $1, $2, $5 complete set of McNeal Coal Co , 30.00 Yatesville, unc. 3.50 6.00 4.00 12.00 8.0(1 3.50 15.00 5.00 8.50 9.00 7.50 4.00 8.00 7.00 5.00 15.00 5.00 4.00 5.00 5.00 5.00 5.00 6.00 15.00 7.50 4.50 9.50 9.50 15.00 20.00 20.00 18.00 5.00 6.00 8.00 7.00 7.00 8.00 5.00 8.00 5.00 7.00 8.00 5.00 10.00 4.00 7.50 12.00 5.00 10.00 15.00 5.00 10.00 10.00 4.00 7.50 7.50 4.00 5.00 6.00 12.00 5.00 3.50 15.00 6.00 75.00 TO BE CONTINUED Wanted collections or nice singles of obsolete notes and sheets—Good to Proof GORDON HARRIS 101 GORDON PKWY., SYRACUSE, N.Y. 13219 We have been commissioned by an important client to purchase all rare, scarce, or even just different bank notes of Central America for his personal collection. We have an unlimited amount of money for these acquisi- tions. Please write, letting us know what you have and the desired price. We are also interested in rare, scarce, or common items of any country in our own stock. BE COSTA inagg4744 COINS OF THE WORLD SUITE 'D', MILAM BUILDING Phone 512-CA 6-0592 SAN ANTONIO, TEXAS WANTED: RARE LARGE-SIZE NOTES We require RARE large-size notes in any grade; type notes in CU only (no Federals, please), in $1 through $100 denominations. We also need all grades large-size NATIONAL BANK NOTES (requirements subject to change without notice), mainly FIRST CHARTER $1, $2 and $5; SECOND CHARTER brownback $5s, and THIRD CHARTER RED SEALS $5, $10 and $20. TOP DEALER PRICES PAID FOR REQUIRED MATERIAL. We also pay top dealer prices for required "AMERICANA" WESTERN, INDIAN & TERRITORIAL items of mid-1840s to mid- 1890's ONLY, such as: broadsides, Gold Rush, Pony Express and Wells, Fargo memorabilia; documents, letters, coins, bars, books, autographs, checks, bonds, certificates, drafts, covers, pre-1898 firearms,* etc. WRITE or CALL (collect) first and describe what you have to offer. As dealers, we also have on hand a fine selection of notes and Western collateral for sale. Your inquiries are respectfully solicited. No "Wells Fargo" buckles or "bawdy house" tokens, please. M. PERLMUTTER P. 0. BOX 476, NEWTON CTR., MA. 02159 Phone: (617) 332-6119, between 3-10 PM, EST Specializing in U. S. LARGE paper currency, Series 1861-1923, and Western "Americana." Researchers, Dealers and Appraisers. Contributors to the leading publications and trends in the field of U. S. paper money. Members of SPMC (948), ANA, ANS, PMCM, CCRT and other leading numismatic, exonumistic and philatelic organizations. WANTED NORTH CAROLINA PAPER MONEY (FOR MY COLLECTION) N.C. SMALL NATIONAL BANK NOTES 74-B (will pay $275.00 for an E.F. note) 81 (will pay $25.00 V.F. up) ALL KINDS OF N.C. SCRIP NORTH CAROLINA. STATE NOTES CRISWELL NOS: 23 (paying $100.00 V.F. up) All 20c notes V.F. up paying $10.00 Wanted: Red Seal Large N.C. National Notes FOR SALE Hundreds of obsolete notes and few National notes POLITICAL ITEM The 1972 Official Democrat 260-page program book. This is a must for political collectors. $4.00 POSTAGE PAID. ROBERT P. PAYNE P. 0. BOX 5433 HIGH POINT, NORTH CAROLINA 27262 ANA #R036456 SPMC #287 $1 Silver Certificates, Scarcer Block Letters Large Size Star Notes 1928 HA CU $17.50 FR# 59 1917 $2 U.S. Note VG $17.50 1928A FA XF 15.00 91 1907 $5 U.S. Note G/VG 17.50 HB XF 15.00 CU 25.00 121 1901 $10 U.S. Note VG/F 80.00 XB VF 25.00 237 1923 $1 S.C. XF 42.50 BB, DB CU 10.00 238 1923 $1 S.C. VF 32.50 1928B YB XF 50.00 708 1918 $1 FRBN Fine 20.00 1935 1935 MULED PA XF 22.50 QA CU 175.00 1173 1922 $10 Gold Cert. VG 35.00 HAWAII YB CU 14.00 1929 Federal Reserve Bank Notes, Brown Seals $5 Dallas CU $45.00 $10 New York STAR NOTE Good 22.50 $10 St. Louis CU 37.50 $10 Cleveland STAR NOTE VG 22.50 $5 Chicago STAR NOTE Good 15.00 SMALL SIZE 1929 NATIONALS $5: Milford, NH (1070) Rochester, NH (118931 $10: Honolulu, HAWAII (5550) Lewiston, MAINE (330) Plainfield, IND (7011) San Francisco, CAL (13044) Dover, NH (5274) New York, NY (23701 Toledo, OHIO (91) Conneautville, PA (13942 ) Wyalusing, PA (10606) $20: Decatur, ILL (5089) Wyanet, ILL (9277) Downingtown, PA (8646) Hughesville, PA (3902) San Francisco, CAL 113044) VG/F VG/ F VG/F VG/F VG VG/F VG/F CU CU VF VG/F CU Good F+ AbtF VG/F 28.00 30.00 60.00 30.00 25.00 15.00 33.00 19.50 25.00 27.50 30.00 40.00 30.00 36.50 36.50 25.00 Type I Type I Type I Type I C000391A Type II Type I Type I Type I A000795 Type I Type I A000070A C000594A A000039A Type II small bank cheap type note low charter number very small bank small bank small bank small bank PIEDMONT COIN COMPANY POST OFFICE BOX 848, BURLINGTON, NORTH CAROLINA 27215 WANTED: OKLAHOMA BANK NOTES 1929 SMALL SIZE REGARDLESS OF CONDITION ALEX 10193 EUFAULA 10388 MAUD 8294 SHATTUCK 9987 ACH I LLE 10380 FA I RFAX 7972 McALESTER 13770 STILLWATER 5347 ALTUS 12155 FAIRVIEW 9767 McLOUD 6660 STILLWELL 9970 ALTUS 6113 FT. GIBSON 8079 MI NCO 8644 SULPHUR 9046 ALVA 5587 FREDERICK 8140 NEWKIRK 5272 TEXHOMA 8852 ARDMORE 12472 FREDERICK 13760 NORMAN 12157 TONKAWA 11397 ARDMORE 13677 GEARY 10020 NOBLE 9937 TULSA 9942 BEGGS 6868 GUYMON 9964 NOWATA 9949 TULSA 12042 BENNINGTON 7099 HARRAH 9980 OKLA CITY 8472 VERDEN 8859 BERYN 7209 BROKEN ARROW 7115 CALVIN 6980 HEAVENER 9888 HEAVENER 10239 HOLLIS 10240 OKMULGEE 13751 PAWHUSKA 8313 PAWHUSKA 7883 VIAN 10573 WAGONER 5016 CARNEGI E 11763 HOMINY 7927 PAWHUSKA 14304 WALTERS 7811 CHELSEA 5955 HUGO 12801 POCASSET 10960 WALTERS 14108 CHICKASHA 8203 CLAREMORE 10117 COLBERT 10381 I DABEL 11913 KAW CITY 10402 KINGSTON 9881 PONCA CITY 9801 POND CREEK 10005 PORTER 7615 WAN ETTE 6641 WAURIKA 8744 COMMERCE 10689 LUTHER 8563 PRYOR CREEK 12117 WAURIKA 8861 CUSH I NG 6893 LONE WOLF 10096 QUENTON 6517 WAYNOKA 9709 COYLE 12148 MADILL 13021 RALSTON 6232 WELLSTON 12078 DAVIS 5298 DEPEW 12104 MADILL 10286 MANGUM 5811 RUSH SPRINGS 8336 SAPULPA 7788 WESTVILLE 10158 DUNCAN 8616 MARIETTA 5958 SAYRE 9976 WETUMKA 7724 DUNCAN 12065 MARLOW 10205 SAYRE 9959 WEWOKA 8052 I want the above notes for my personal collection and will pay a nice premium for them. I also want any large size Oklahomas on any towns. Contact W. J. WAKEN 311 E. MAINE ST. 405 234 7407 ENID, OKLA. 73701 405 237 2455 THINKING OF SELLING? We are interested in purchasing single specimens and entire col- lections of the following: • COLONIAL CT CONTINENTAL NOTES • OBSOLETE SCRIP & BANK NOTES • ODD DENOMINATIONAL NOTES • PROOF NOTES • WESTERN TERRITORIAL NOTES • SUTLER NOTES • C.S.A. NOTES • U.S. FRACTIONAL NOTES • U.S. LARGE-SIZE NOTES MANY ITEMS AVAILABLE We have many scarce and choice items in stock and want lists will receive our immediate attention. COLONIAL VALLEY COIN CO. P. 0. BOX 187 MANHEIM, PA. 17545 VIRGINIA STATE TREASURY NOTES RECONSTRUCTED SHEETS $5 Criswell #5, 1861 Rarity 5, Crisp reconstructed sheet of 4, A-B-C-D $375.00 $10 Criswell #9, 1862 Rarity 6, Crisp reconstructed sheet of 4, A-B-C-D watermark Ten 400.00 $10 Criswell #11, 1862 Rarity 7, Crisp reconstructed sheet of 4, A-B-C-D watermark W.T.C.C & o 425.00 SI NGLES $5 Criswell #5, 1861, R5 E . F . $25.00 $10 Criswell #9, R6, E.F. $17.50 $100 Criswell #6, 1862, R6 Crisp 25.00 $10 Criswell #11, R5, E.F. 25.00 $50 Criswell #7, 1862, R5 Crisp 20.00 $5 Criswell #13, R3, Crisp 8.00 $10 Criswell #8, 1862, R5 Crisp 11.00 $5 Criswell #15, R7, V.F. 25.00 COMPLETE SATISFACTION GUARANTEED WANTED We are interested in purchasing or trading for RARER FOREIGN coins, gold, medals, or paper. Please let us know what you have. TOM SARRO P. 0. BOX 193, BROOKLYN, NEW YORK 11209 (212) 745-4066 after 5 PM WANTED IOWA IOWA IOWA IOWA NATIONAL BANK NOTES From the following IOWA cities and towns: Algona Dayton Humboldt Renwick Bancroft Eagle Grove Ida Grove Rockwell City Belmond Farnhamville Jewell Sac City Bode Forest City Kanawha Sioux City Britt Fort Dodge Klemme Swea City Buffalo Center Galva Lake City Thompson Burt Garner Lake Mills Titonka Clarion Gilmore City Lehigh Webster City Corwith Goldfield Odebolt Wesley Crystal Lake Gowrie Pomeroy Williams Holstein Rake Please state condition and price or send insured for my fair offer to WILLIAM R. HIGGINS, JR. BOX 64, OKOBOJI, IOWA 51355 ANA Life #109 SPMC #2950 Dallas Unc. $35.00 Cleveland ..Unc. $30; AF $9 Chicago Unc. $24; F $10 K. City F $10; VF $12 ),41 1929 SERIES FEDERAL RESERVE BANK NOTES FIVES: Boston Unc. $34 New York Unc. $25; AF $9 Philadelphia Unc. $25 Atlanta Cr -XF $12 Minneapolis Unc. $40 TENS: Boston Unc. $32 New York (Star) ..F $30.00 New York F -VF $16 Philadelphia Unc. $34.00 Cleveland Cr.-XF $24 Richmond AF $15.00 Atlanta Unc. $30 Chicago ..Unc. $21 ; VF $16 St. Louis Cr. AU $25; Abt. F $16. Dallas VG $25.00 Minneapolis Like new with light wrinkle $36.00 Kan. City Unc. (Ser. 100000030A) $65.00 TWENTIES: Boston (Star) VC-F $40; New York F $25.00 Philadelphia Unc. $35.00 Dallas VG $29.00 Richmond Cr. XF $33.00; Fine $25 Atlanta F-VF $28 PLEASE GIVE SECOND CHOICE IF POSSIBLE. ADD 50 Chicago Unc. $33; Crisp like new $30. St. Louis Crisp Like new, Lt. fold $39.00 Minneapolis Unc. $34. Kan. City AU $38; KC (Star) G-VG $38 FIFTIES: New York (Star) F-VF $80; New York VF $62.00 Cleveland (Star) CR-XF $95.00 Kan. City Crisp, Like new, Lt. Wrinkle $72.00 San Francisco Cr. Abt. New $78; VG-F $57.00 HUNDREDS: New York Crisp XF $112 ; Cleveland Crisp XF $115 Richmond VC $115 (192,000 issued Chicago Crisp Like New $112.00 Chicago Crisp, Bright, one Horizontal Fold $110.00 Minneapolis Crisp AU, Bright (144,000) $125.00 Kansas City Crisp Abt. New Fold (96,000) $125.00 Dallas F-VF (36,000 issue) $140.00 CENTS POSTAGE AND INSURANCE ON ALL ORDERS. ANA 45409 MNA 14 SPMC 823 "JOHNNY 0" POST OFFICE BOX 714 HAZLEHURST, MISSISSIPPI 39083 Phone 894 4025 Area Code 601 WANTED - Highest dealers prices paid for required STRICTLY CRISP UNC. large size U.S. Paper money. Series 1861-1923; RARITIES considered in all grades. Especially need large NA- TIONALS. Please write with conditions and prices; (PLEASE DO NOT SEND NOTES UN- SOLICITED.) Also as required, we purchase literature in re large paper money. We also specialize in WESTERN AMERICANA, and will consider related material such as: Docu- ments, letters, autographs, photos, checks, scrip, certificates, bonds, covers, broadsides, books, firearms (before 1898 only) etc., pertaining to such entities as Wells Fargo & Co., Pony Express, Indians, famous lawmen, infamous outlaws, Gold Rush memorabilia, and Western collateral in general. Pre-1898 Firearms limited to Colt and Remington revolv- ers; also Winchester rifles. Other artifacts, such as strongboxes, mailbags, belts, badges, bars, etc., also wanted, ORIGINALS only. (No Wells Fargo belt buckles, or "bawdy" house tokens, please.) Write or call with descriptions, prices, etc. SPMC 948 M. PERLMUTTER P. 0. BOX 476, NEWTON CTR, MASS. 02159 (617) 332-6119 After 3 P.M. EDT, Please ANA 50340 Dealers & researchers; members of leading numismatic exonumistic and philatelic organizations. Appraisals made; (fees appli- cable). Research inquiries invited. (SASE ONLY). WANTED! • MISSOURI NATIONALS • CH. No. 4057 1st NAT. BANK OF LAMAR CH. No. 14196 1st NAT. BANK OF LAMAR • Identify by Friedberg, state condition, and firm asking price. * Paying up to $500.00 * for CURRENT $1.00 FEDERAL RESERVE NOTES • Send SASE and 25c to chuck &dolmen MARTIN HOWARD drawer a Williamstow n. NJ 08091 BOX 11 SPMC 3133 DALLAS, TX 75221 NEBRASKA OBSOLETE CURRENCY • I am buying single notes and uncut sheets of Nebraska Obso- letes for my collection. Also, medals, badges, pins, book- lets, etc. of the Trans-Mississippi Exposition. Describe and Price. • LEONARD M. OWEN SPMC 2044 3602 NORTH 52nd STREET OMAHA, NEB. 68104 WE BUY AND SELL LARGE SIZE U. S. PAPER MONEY WANTED: Choice Condition and Scarce Large Size Notes Only. See Our Ads Each Month in the Numismatist and Numismatic Scrapbook SEND LIST FIRST, WITH CONDITION AND PRICES. L. S. WERNER 1270 Broadway, New York, N. Y. 10001 Phone LA 4-5669 SOCIETY CERTIFIED PROFESSIONAL A UMIS 11A TIST S ASK YOUR FRIENDS ABOUT US WANTED CUBA and PUERTO RICO • --POST CARDS —PAPER MONEY —DOCUMENTS —BOOKS Pay high prices. • JULIAN VALDES P. 0. BOX 703, SHENANDOAH, STA., MIAMI, FLA. 33145 ANA FUN SPMC I BNS BUY SELL TRADE ALL FOREIGN PAPER MONEY SPECIALIST IN MEXICAN PAPER MONEY NO U. S. A. ED SIILIEKER P. 0. BOX 66061 CHICAGO. ILLINOIS 60666 U. S. A. Large or small. Below are some of the towns I need for my personal collection. PAYING TOP PRICES. Will also trade. WANTED OKLAHOMA NATIONAL BANK NOTES THE VAULT will be closed for business during the months of July and August. Newkirk Davis Stillwater Alva Mangum Chelsea Marietta Yukon \Nanette Mc Cloud Beggs Coweta Broken Arrow Berwyn Stingier Porter Wetumka Guymon Maud Duncan Selling Minco Comanche Custer City Texhoma Verden Waurika Fairview Ponca City Heavener Hydro Eldorado Cordell Stilwell Sayre Harrah Shattuck Braman Pond Creek Yale Geary Tyrone Checotah Kaw City Marlow Bennington Waukomis Hollis Madill Achille Colbert Ringling Vian Commerce Erick Pocasset Tonkawa Carnegie Idabel Moore Wellston Helena Depew Pryor Creek Apache Blair Coyle Haskell Kingston Our next mailing list, due Sept. 24th, will include a fine selection of both large and small-size type notes as well as the popular Na- tional Bank Notes. A copy is yours for the asking. • Will accept any conditon. Call collect if you have an Oklahoma National Bank Note for sale or trade. Evenings (405) 635-2377 THE VAULT HARRY SCHULTZ KREMLIN, OKLA. 73753 ANA 38362 SPMC 994 P. 0. BOX 2283 PRESCOTT, ARIZ. 86301 SELL HARRY YOUR MISTAKES! Harry wants to buy currency er- rors . . . large and small-size notes . . . also interested in buying Na- tionals. Harry is selling error notes. Please write for list or specify notes .. . a large selection of error notes available. HARRY E. JONES P. 0. BOX 42043 CLEVELAND, OHIO 44142 "FOR SALE" PAPER MONEY AND OBSOLETE CURRENCY LARGE AND SMALL USA CURRENCY LARGE AND SMALL NATIONAL CURRENCY "RADAR" SERIAL NUMBER NOTES "UNUSUAL" SERIAL NUMBER NOTES FRACTIONAL CURRENCY COLONIAL AND CONTINENTAL CURRENCY CONFEDERATE AND CIVIL WAR ERA PAPER ITEMS EARLY U.S. CANCELLED CHECKS BROKEN BANK NOTES Above price lists available for a large-size, self-addressed and stamped en v e I op e. Please, state your interest so I may send the lists of your choice. Prompt attention to every request. Satisfaction guaranteed. Robert A. Condo P. 0. Box 304, Drayton Plains, Michigan 48020 ANA-LM 813, SPMC 2153 Unusual Paper Americana Illinois Civil War Bond—Beautiful Red and Black (20 known) $45.00 Michigan Civil War Bond $35.00 Michigan Bond of 1859 $25.00 100 Different interesting checks $18.50 100 Mixed checks 30 Different $12.00 10 Different Beautiful sheets of unused checks $36.00 10 Different stock certificates $ 3.50 20 Different $6.00. 100 Mixed $15.00 10 Different bonds $15.00 10 Different Broken Banknotes $15.00 10 Different Depression Scrip $15.00 1 Dakota Terr. or Montana Terr. Check $ 1.00 Canal Boat Mortgage (Erie Canal) $ 2.50 Old checks sent on approval write stating in- terest, area, or topic. WANTED: Pre-1910 checks, books of checks, stock, bonds. Free list of stock and bonds . Satisfaction Guaranteed NEIL SOWARDS 548 HOME AVE., FT. WAYNE, IND. 46807 Wanted Pennsylvania National Bank Notes Large or small, any type, any denomination, or un- cut sheets. Akron #9364 Leola #13186 Bainbridge 9264 Lincoln 3198 Blue Ball 8421 Lititz 2452 Brownstown 9026 Lititz 5773 Christiana 2849 Lititz 9422 Christiana 7078 Manheim 912 Columbia 371 Manheim 3635 Columbia 641 Marietta 25 Columbia 3873 Marietta 2710 Denver 6037 Marietta 10707 Elizabethtown 3335 Marietta 14276 Ephrata 2515 Maytown 9461 Ephrata 4923 Millersville 9259 Gap 2864 Mount Joy 667 Intercourse 9216 Mount Joy 1516 Lancaster 333 Mountville 3808 Lancaster 597 New Holland 2530 Lancaster 683 New Holland 8499 Lancaster 2634 Quarryville 3067 Lancaster 3367 Quarryville 8045 Lancaster 3650 Strasburg 42 Lancaster 3987 Strasburg 2700 Landisville 9312 Terre Hill 9316 State price and condition or send for my fair offer. ELMER E. PIERCE P. 0. BOX 131, EPHRATA, PENNA. 17522 Member ANA 20105 Member SPMC 2579 WANTED TO BUY Large or Small NOR-T111 DAKOTA NATIONAL BANK NOTES Also interested in Nationals from other states and choice condition type notes. I will appreciate your offerings to us. Please state price and condition. Will also trade for No. Dakota Notes. WANTED TO BUY Material Relating to: Boy Scouts of America Anything from newspaper articles to badges Must be before 1925 Also Interested in Errors in Paper Money State price and describe in first letter. CENTENNIAL COIN CO. BOX 755 BISMARCK, NORTH DAKOTA 58501 HARRY L. STRAUSS, JR. 619 SOUTH STREET PEEKSKILL, NEW YORK 10566 SOME BARGAINS - LOOK CLOSELY! Fr. #19 XF/AU Excellent type note 75.00 Fr. #60 CU 32.50 Fr. #238 CU-A gem note 22.00 Fr. #720 CU-Getting tough this nice 35.00 Fr. #767 CU Really choice 67.00 Fr. #1178 XF/AU-Beautiful gold note 80.00 Fr. #598 AU/CU Chattanooga, Tenn. #7848 50.00 Fr. #661 VF/XF Highland Park, New Jersey #12598 42.00 1929 $5 Ty. II Gloversville, N.Y. #9305 F/VF 15.00 1929 $10 Ty. II Monticello, N.Y. #1503 Fine 22.00 1929 $20 Ty. I Rhinebeck, N.Y. #1157 F/VF 32.50 1929 $10 Ty. II Perth Amboy, N.J. #5215 F/VF 25.00 1929 $10 Ty. I Phillipsburg, N.J. #1239 VF 20.00 1929 $20 Ty. I Point Pleasant Beach, N.J. #13215 F 35.00 1929 $10 Ty. I Dodgeville, Wisconsin #6698 Fine 35.00 1929 $20 Ty. I Newport, Kentucky #4765 F/VF 30.00 1929 $20 Ty. I New Orleans, La. #3069 AU/CU 45.00 1929 $20 Ty. II New Orleans, La. #13689 CU 55.00 1929 $20 Ty. Il Atlanta, Ga. #1559 AU/CU 42.50 1928-D $2 Legal Tender CU 9.50 1934 $5 Silver Cert. (5) Con. #'s C55565611A thru C55565615A CU-nice to show all 151 47.50 1934-A $5 Silver Cert. CU-the key 14.00 1934-B $5 Silver Cert. CU 10.00 1950-A $10 FRN-CU low # G00000025C 25.00 1934-A $10 Silver Cert. CU 14.50 1934-D $10 Silver Cert. STAR NOTE VF 17.50 I AM VERY INTERESTED IN BUYING-PLEASE WRITE! JAMES A. SPARKS, JR. ANA, SPMC P. 0. BOX 235, SALISBURY, N. C. 28144 WANTED the following IOWA TOWNS by Charter numbers for my collection. CHARTER NO.'s 66, 147, 299, 323, 337, 351, 389, 398, 405, 411, 483, 485, 493, 500, 650, 692, 751. 792, 846, 848, 922, 950, 977, 994, 999, 1101, 1299, 1403, 1441, 1540, 1577, 1581, 1593, 1611, 1618, 1629, 1661, 1671, 1684, 1696, 1724, 1726, 1744, 1776, 1801, 1811, 1813, 1815, 1836, 1862, 1880, 1891, 1943. 1947. 1976, 1986, 2012, 2015, 2028, 2032, 2033, 2051, 2080, 2115, 2177, 2182, 2191, 2197, 2215, 2230, 2247, 2298, 2326, 2327, 2363, 2364, 2411, 2417, 2484, 2535, 2555. 2573, 2586, 2588, 2595, 2644, 2656, 2679, 2721. 2733. 2738, 2753, 2766, 2818, 2821. 2841, 2856, 2895, 2936, 2953, 2961, 2971, 2983, 2984, 3012, 3017, 3026. 3048, 3049, 3053, 3055, 3071, 3112, 3153, 3197. 3225, 3226. 3252. 3263, 3273. Please let us know what you have for sale. DAVID DORFMAN ANA, SPMC, ASDA P. 0. BOX 185 SIOUX CITY, IOWA 51102 ODD DENOMINATIONS WANTED I WANT TO PURCHASE ODD DENOMI- NATION U.S. OBSOLETE NOTES & SCRIP FOR MY COLLECTION. NOTES MUST BE PAYABLE IN CENTS OR DOLLARS. I ALSO HAVE SOME EXTRA ODD DE- NOMINATION NOTES TO TRADE FOR DENOMINATIONS THAT I DO NOT HAVE. PLEASE ADVISE WHAT YOU HAVE TO OFFER. YOU WILL RECEIVE A PROMPT REPLY. CLARENCE L. CRISWELL 4500 67th WAY NORTH ST. PETERSBURG, FLORIDA 33709 PHONE 813-544-2757 A.N.A. AUCTION August 23-27, 1973 Boston, Mass. We Are Now Accepting Consignments of: Rare and Desirable -U. S. Coins -U. S. Paper Money Please call or write at once to insure space in the sale for your material! P. 0. BOX 123, DECATUR, ILL. 62525 Phone 217-428-2074 with offices in the Citizen's Bldg. Downtown, Decatur Now Available: NEW Obsolete Paper Money List NATIONALS WANTED From KANSAS NEBRASKA NORTH CAROLINA We have serious collectors for the above states in any condition, by charter number, bank title, and type. Please send us a list of what you have avail- able, listing the Friedberg number, charter number, and condition, along with your asking price. We are interested in all other choice condi- tion currency. What do you have and how much? Joe Flynn, Sr. Coin Co., Inc. BOX 3140-P KANSAS CITY, KANSAS 66103 Phone 913-236-7171 ILLINOIS NATIONAL CURRENCY FOR SALE LARGE-SIZE O'Fallon, #6924, Fr. 650, nice AU $85.00 Knoxville, #3287, Fr. 650, VG 65.00 Maquon, #8482, Fr. 600, clear hand sigs Fine 110.00 Canton, #415, Fr. 698, Fine 215.00 Riverside, #12386, Fr. 609, Fine 28.00 Morris, #531, Fr. 624, Fine 33.00 Dixon, #3294, Fr. 467, dirty, Good 32.00 Dallas City, #5609, Fr. 574, rag 25.00 Elgin, #2016, Fr. 702, VG 160.00 Princeton, #2413, Fr. 632, G 50.00 Morisson, #6691, Fr. 650, VG 40.00 SMALL-SIZE Beardstown, #3640, $10, G 45.00 Hinsdale, #11308, $20, CU 68.00 Macomb, #1872, $10, VF 28.00 Kirkwood, #2313, $10, VG 53.00 Chadwick, #5619, $10, nice, ExF 85.00 Harrisburg, #5153, $20, type 2, ExF (stained) 55.00 Pittsburg, #1042, $10, VG 23.00 Wilmette, #10828, $5, VG 20.00 Catlin, #7276, $10, VG 30.00 Chicago, #14246, $10, type 2, VG 29.00 Conlon 405G, CU 25.00 I have all Midwestern states. Please send your want list. Steven R. Jennings SPMC LM ANA #648 3311 W. CARTHAGE, FREEPORT, IL 61032 WANTED! LARGE-SIZE National ank Notes especially Western, Territorial ct Southern and Calif. GOLD BANK NOTES Also require Western, Indian "Americana" items & artifacts, circa 1848-1890.* See our other detailed "Wanted" ad, this issue. M. PERLMUTTER SPMC 948 P. O. BOX 476 NEWTON CTR., MA 02159 Phone 617-332-6119 (After 3 PM EDT, Please. POLISH SPECIMEN NOTES LARGE SELECTION OF RARE, UNCIRCULATED AND OLD POLISH NOTES, Private and City Issues Complete Collections List Free W. BRUSZEWSKI 51 MALDON RD., LONDON W3, ENGLAND 1929 SERIES NATIONALS $10, Ty. I, Hamblen Co. NB, Morristown, Tenn. F $30.00 $10, Ty. II, Commercial NB, Chattanooga F 20.00 $10, Ty. I, Dominion NB, Bristol, Va. F 35.00 $50, 1950A FRN, Atlanta, perfect except bottom margin is a little close New 60.00 Return privilege— Wanted: Third charter National, a $5, $10, or $20 Ch. 6236, Unaka & City NB, Johnson City, Tenn Clean VF to Unc. 'STANLEY TREADWAY RT. #6, BOX 294, JOHNSON CITY, TENN. 37601 WANTED DENOMINATIONAL OR SO-CALLED "GOOD FOR" POCKET MIRRORS Any state wanted—Premium prices paid for Nevada pieces. Nevada National Bank Notes also wanted. HAL V. DUNN SPMC—ANA—LM P. 0. Box 114, Carson City. Nevada 89701 WANTED SOUTH CAROLINA CURRENCY I am anxious to purchase obsolete notes, script, bonds and stock certificates. Will buy singles or collections. Highest prices for items need in my collection. Bill McLees P. 0. Box 496, Walhalla, SC 29691 ARIZONA STATE OR TERRITORIAL NATIONALS WANTED All series, any condition except washed or doctored notes. Highest prices paid or many trades. PETER HUNTOON P. 0. Box 81002, Lincoln, Nebraska 68501 I NEED SOUTH CAROLINA PAPER MONEY I WANT TO BUY ALL TYPES OF SOUTH CAROLINA PAPER MONEY FOR MY PERSONAL COLLECTION. I Need — PROOF NOTES OBSOLETE BANK NOTES S.C. NATIONAL BANK NOTES CITY, TOWN & PRIVATE SCRIP I HAVE SIMILAR MATERIAL FROM OTHER STATES THAT I WILL TRADE FOR NOTES THAT I NEED. PLEASE WRITE FOR MY DETAILED WANT LIST. I Also Collect — PROOF NOTES WORLDWIDE SPECIMEN NOTES BRITISH COMMONWEALTH VIGNETTES USED ON BANK NOTES COUNTERFEIT DETECTORS BANK NOTE REGISTERS J. ROY PENN ELL, JR. SPMC #8 ANA #11304 P. 0. BOX 858 ANDERSON, SOUTH CAROLINA 29621 NOW PAYING TOP PRICE FOR CHOICE NOTES SERIES 1861-1923 U. S. LARGE SIZE PAPER MONEY Fast Check For Single Notes Or Complete Collection WHETHER IT TOTALS $10.00, $10,000 OR $100,000.00 You may send your duplicates or complete collection by registered mail for best possible offer accompanied by check in full, sent subject to your complete satisfaction. If check is re- turned your notes will be returned to you PREPAID! PERHAPS YOU WOULD PREFER TO PLACE YOUR NOTES IN ONE OF DONLON'S MAIL BID SALES. LIBERAL TERMS AND CASH ADVANCES IF REQUESTED. DONLON CUSTOM-MADE SUPPLIES PROTECT PAPER CURRENCY Pure acetate holders, clear or popular no-glare. For small size notes, doz. 1.25, 50 4.95: large size, doz. 1.50, 50 5.25 VINYL PAGES for 3 ring binders: small size, 10 pages 3.95, Ige. size, 4.50 CUSTOM MADE FLIP-UP ALBUMS hold 50 to 100 notes For large size notes 12.50. Small size 10.50 Please add 50c to complete order for supplies. N.Y.S. add sales tax. NOTE: Donlon custom-made vinyl pages and flip-up albums have pockets large enough to hold your notes in your acetate holders. Do not store notes in vinyl without protection of holders! WILLIAM P. DONLON P. 0. Box 144, Utica, New York 13503