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Bank Info for NB Charter 876 (1865 - 1925)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Newton, NJ
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1865-1877 Jacob Lowrance Swayze Robert Hamilton
1878-1880 John C. Howell Jacob Lowrance Swayze
1881-1897 John C. Howell Samuel Hill Hunt
1898-1905 George A. Smith John C. Howell
1906-1912 George A. Smith John Lowrence Swayze
1913-1917 George A. Smith Dr. Ephraim Morrison
1918-1921 Frank B. Boss George A. Smith
1922-1924 Frank B. Boss Henry Thomas Kays
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 - 3000
Original Series 4x5 1 - 2150
Original Series 3x10-20 1 - 2620
Series 1875 3x1-2 1 - 1060
Series 1875 4x5 1 - 3750
Series 1875 3x10-20 1 - 1452
1882 Brown Back 4x5 1 - 22651
1882 Brown Back 3x10-20 1 - 3518
1902 Red Seal 3x10-20 1 - 4000
1902 Date Back 3x10-20 1 - 9400
1902 Plain Back 3x10-20 9401 - 20966
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Mar 8, 1865
  • Chartered Mar 10, 1865
  • Closed Jan 2, 1925
  • Consolidated with 925 Jan 2, 1925 (Sussex NB/Sussex and Merchants NB, Newton, NJ)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1870) $269,924
High Bal (1924) $2,973,439
Circulation Summary
Low Bal (1891) $30,075
High Bal (1922) $100,000
Total Out (1924) $99,000
# Large Notes 260,668
# Small Notes 0
# Total Notes 260,668
$ Large Size $2,219,120
$ Small Size $0
$ Total Issued $2,219,120
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-02-1865 $271,723.42 $75,000.00
Oct-01-1866 $294,431.83 $89,803.00
Oct-07-1867 $288,902.72 $89,661.00
Oct-05-1868 $288,320.51 $89,927.00
Oct-09-1869 $280,748.62 $90,000.00
Oct-08-1870 $269,923.82 $90,000.00
Oct-02-1871 $289,568.76 $90,000.00
Oct-03-1872 $281,361.14 $90,000.00
Sep-12-1873 $307,646.25 $90,000.00
Oct-02-1874 $315,481.98 $90,000.00
Oct-01-1875 $321,423.25 $90,000.00
Oct-02-1876 $307,476.71 $90,000.00
Oct-01-1877 $326,147.46 $90,000.08
Oct-01-1878 $312,998.10 $90,000.00
Oct-02-1879 $314,442.97 $90,000.00
Oct-01-1880 $331,978.28 $88,870.00
Oct-01-1881 $404,164.41 $82,850.00
Oct-03-1882 $425,843.97 $87,600.00
Oct-02-1883 $383,862.42 $88,600.00
Sep-30-1884 $383,311.55 $89,800.00
Oct-01-1885 $389,752.76 $88,300.00
Oct-07-1886 $408,578.77 $88,440.00
Oct-05-1887 $389,809.70 $31,495.00
Oct-04-1888 $407,443.22 $30,095.00
Sep-30-1889 $431,783.29 $31,295.00
Oct-02-1890 $483,134.02 $30,155.00
Sep-25-1891 $464,826.39 $30,075.00
Sep-30-1892 $534,206.89 $31,255.00
Oct-03-1893 $537,157.84 $80,395.00
Oct-02-1894 $534,305.71 $84,815.00
Sep-28-1895 $509,421.05 $86,035.00
Oct-06-1896 $508,891.25 $85,515.00
Oct-05-1897 $551,408.34 $78,995.00
Sep-20-1898 $543,150.09 $87,155.00
Sep-07-1899 $585,633.73 $88,695.00
Sep-05-1900 $638,563.17 $97,345.00
Sep-30-1901 $667,518.54 $97,895.00
Sep-15-1902 $674,996.19 $97,295.00
Sep-09-1903 $729,732.84 $97,945.00
Sep-06-1904 $732,260.54 $98,095.00
Aug-25-1905 $780,621.00 $97,195.00
Sep-04-1906 $858,457.00 $98,295.00
Aug-22-1907 $939,579.00 $97,095.00
Sep-23-1908 $1,118,175.00 $96,595.00
Sep-01-1909 $1,119,112.00 $94,995.00
Sep-01-1910 $1,140,603.00 $95,200.00
Sep-01-1911 $1,380,820.00 $93,100.00
Sep-04-1912 $1,581,043.00 $97,350.00
Aug-09-1913 $1,664,065.00 $92,900.00
Sep-12-1914 $1,848,427.00 $98,250.00
Sep-02-1915 $1,881,060.00 $97,650.00
Sep-12-1916 $1,946,775.00 $92,700.00
Sep-11-1917 $2,117,339.00 $95,200.00
Aug-31-1918 $2,131,317.00 $93,100.00
Sep-12-1919 $2,097,962.00 $96,100.00
Sep-12-1920 $2,154,155.00 $96,600.00
Sep-06-1921 $2,197,293.00 $95,900.00
Sep-15-1922 $2,292,740.00 $100,000.00
Sep-14-1923 $2,574,638.00 $98,700.00
Oct-10-1924 $2,973,439.00 $99,000.00

 

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