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Bank Info for NB Charter 1251 (1865 - 1881)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Mechanics National Bank of
Newark, NJ
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1865-1880 Oscar L. Baldwin Joseph A. Halsey
Other Known Bank Note Signers
  • No other known bank note signers for this bank
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
Original Series 3x1-2 1 - 19000
Original Series 4x5 1 - 19250
Original Series 4x10 1 - 5800
Original Series 50-100 1 - 1200
Series 1875 4x10 1 - 3000
Series 1875 50-100 1 - 2440
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized May 2, 1865
  • Chartered Jun 9, 1865
  • Receivership Nov 2, 1881
  • Notation on Organization Report:
  • Conversion
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Mechanics Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1865) $2,349,297
High Bal (1880) $4,776,877
Circulation Summary
Low Bal (1865) $40,000
High Bal (1867) $447,938
Total Out (1880) $441,900
# Large Notes 195,480
# Small Notes 0
# Total Notes 195,480
$ Large Size $1,378,000
$ Small Size $0
$ Total Issued $1,378,000
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-02-1865 $2,349,296.60 $40,000.00
Oct-01-1866 $2,599,211.69 $421,994.00
Oct-07-1867 $2,415,526.14 $447,938.00
Oct-05-1868 $2,584,049.68 $446,236.00
Oct-09-1869 $2,554,004.30 $444,666.00
Oct-08-1870 $2,666,336.94 $422,400.00
Oct-02-1871 $3,144,696.15 $428,000.00
Oct-03-1872 $2,748,664.65 $428,500.00
Sep-12-1873 $2,976,566.94 $427,400.00
Oct-02-1874 $3,197,581.73 $441,950.00
Oct-01-1875 $3,341,139.88 $440,400.00
Oct-02-1876 $3,347,410.63 $415,300.00
Oct-01-1877 $3,317,142.16 $419,940.00
Oct-01-1878 $3,767,005.15 $427,000.00
Oct-02-1879 $3,566,202.72 $439,500.00
Oct-01-1880 $4,776,877.37 $441,900.00

 

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