Paper Money - Vol. XXIII, No. 6 - Whole No. 114 - November - December 1984

11 1 1 1 1111 1 11 p Nov./DEC. 1984 Vol- XXIII No. 6 WHOLE No. 114 NUMISMATIC AUCTIONS EXCITING SPIRITED STIMULATING VITAL ESSENTIAL Traditionally, auctions are the most successful way to sell your rare coins or currency. With over 330 sales, Kagin's has the ex- perience to obtain maximum results, whether for the rare and the unusual, the specialized, or the more popular. No other firm offers A.M. (Art) Kagin's 50 years' personal experience, the professional expertise of Dr. Donald H. Kagin, the first recipient of a Ph.D. in numismatics in the United States, and the specialized knowledge of the largest staff of profes- sional numismatists in the world. When you consign to a Kagin auction, accept the peace of mind from knowing that your collection will receive Kagin's personalized treatment. Kagin's offers consignors unlimited funds for cash advances of up to 50% of every consignment and immediate pre-grading and evaluation before any contracts are signed. Kagin's publicity is specially designed to enhance the competitive auction bidding spirit so necessary to a successful sale. The dramatic auc- tion catalog individually presents your material and is distributed to our established mailing list of active bidders, compiled over decades and built by confidence in Kagin's. A consignment to a Kagin's auction is your assurance of top prices for your collection. Look for our numismatic professionals at national and regional conventions, or call toll free to discuss your consignment with a Kagin's professional. Ask for the experts. SAN FRANCISCO DONALD H. KAGIN, Ph.D. Dr. GEORGE J. FULD RON HOWARD DES MOINES A.M. (ART) KAGIN SAN FRANCISCO DES MOINES NEW YORK One Market Plaza 26th Floor, Steuart St. Tower San Francisco, CA 94105 TOLL FREE 800 227-5676 In Calif. 800 652-4467 505 Fifth Avenue Suite 1000 Des Moines, IA 50309 TOLL FREE 800 247-5335 In Iowa 800 622-8289 305 Madison Avenue Suite 961 New York, NY 10165 TOLL FREE 800 221 -3064 In NY 800 522-3004 AN INDEX TO PAPER MONEY Volume 22, 1983 Nos. 103, 104, 105, 106, 107, 108 No. Page Adams, Larry. Bibliography of writings on Iowa obsolete notes 103 17 Interest bearing notes 108 284 Anderson, William G. U.S. national debt (in the American revolutionary era)—a syngraphic survey. Illus 105 110 AWARD WINNERS Julian Blanchard Memorial Award. Gene Hessler 108 285 Nathan Gold Memorial Award. John Hickman 108 285 SPMC Award of Merit. Forrest Daniel 108 285 SPMC Literary Awards. 1st. Richard Kelly 108 285 2nd. John Glynn 108 285 3rd. Ray Miller. 108 285 SPMC'ers take ANA awards. 108 286 BANK NOTE ENGRAVING AND DESIGNING Homer Lee Bank Note Company advertising card simulates currency. Illus. B. R. Mueller 104 66 Karel Svolinsky/Czechoslovak bank note designer. Illus. Gene Hessler. 103 8 BANKS AND BANKERS A remembrance of hard times past (Mechanics American National Bank). Illus. R. L. Horstman. Illus 107 227 Back home again in Indiana/the day they closed the banks in Greenwood. Illus. Wendell Wolka 106 157 The Philadelphia Bank. Illus. R. T. Hoober. 105 95 The tangled histories of the Globe, Arizona National Bank. Illus. Peter Huntoon 103 18 BROKEN BANK NOTES (SEE OBSOLETE NOTES) CANADA Canadian Currency used in Dakota. Illus. Forrest Daniel. 103 12 Christmas in paper money 105 122 Cochran, Bob An easy way to find National Bank Notes (and who knows what else). 107 215 COLLECTORS AND COLLECTING An easy way to find National Bank Notes (and who knows what else). 107 215 Christmas in paper money 105 122 CONFEDERATE STATES OF AMERICA Another numismatic link with Thomas Crawford. Illus. R. H Williamson 108 275 Confederate paper money in the Trans-Mississippi. Illus. E. K Cooper. 108 261 Confederate postmaster currency 105 117 Cooper, Everett K. Confederate paper money in the Trans-Mississippi. Illus 108 261 COUNTERFEIT, ALTERED AND SPURIOUS NOTES Counterfeit capers. Forrest Daniel 105 124 108 279 Bunco, bogus & bank robbin'. Barry Wexler 108 281 Daniel, Forrest W. Canadian currency used in Dakota. Illus. 107 213 Counterfeit capers. 105 124 The green goods game. 106 175 Two discount coupons from Dakota Territory. Illus. 103 12 Dewey, William S. The Old Torrey Store in Manchester, New Jersey and its cur- rency. Illus 105 102 106 173 107 220 108 267 Durand, Roger H. Interesting notes 'bout interesting notes. Bears and banks. Illus. 104 68 A noteworthy bank. Illus 106 168 A "noteworthy" controversy. Illus 107 216 The Internal Revenue versus The Washington County Bank. Illus 103 26 FOREIGN (WORLD) CURRENCY Canadian currency used in Dakota. Illus. Forrest Daniel 103 12 COrdoba: tragic hero of Colombia. Illus. L. E. Poleske 106 147 No. Page Falklands currency shunned in Britain. 106 178 Great Britain Bank of England paper. 105 122 Bank of England wonders 107 226 Big banknotes. 107 226 Epitaph for the British one pound note. John Glynn. Illus 108 251 London banker was a collector in 1902 105 122 Karel Svolinsky/Czechosloyak bank note designer. Illus. Gene Hessler 103 8 Till Eulenspiegel and notgeld. Illus. Dwight Musser 104 60 World Scene. 105 121 107 226 Friedberg, Milton R. Fifty-cent postage currency research: the mystery of the perf. 14 resolved. Illus 105 115 Glynn, John. Epitaph for the British one pound note. Illus. 108 251 The green goods game. Forrest Daniel. 106 175 Hessler, Gene. Karel Svolinsky/Czechoslovak bank note designer. Illus 103 8 The liberty cap as seen on U.S. paper money. Illus 106 163 The popularity of Owen G. Hanks' "Freedom" as a bank note vignette. Illus 105 118 Hoober, Richard T. The Philadelphia Bank. Illus 105 95 Railroad notes and scrip of the United States, the Confederate States and Canada. Illus 107 195 108 276 Horstman, Ronald L. A remembrance of hard times past. (Mechanics American Na- tional Bank). Illus 107 227 Hughes, Brent H. The "Snag Boat." Illus. 106 155 Huntoon, Peter. The Paper Column The amazing $50 and $100 Lovell, Wyoming 1929 Nationals. Illus 106 169 Early small size Federal Reserve and gold star notes. Illus 108 278 The fascinating $5 mules. Illus. 107 205 The scarce Type 2 notes from Laramie, Wyoming. Illus. 105 123 Series of 1929 National Bank Note replacement plates. Illus 104 72 The tangled histories of the Globe, Arizona National Banks. Illus 103 18 Interesting notes 'bout interesting notes. R.H. Durand. Bears and bank notes. Illus 104 68 The Internal Revenue versus The Washington County Bank. Illus 103 26 A noteworthy bank. Illus 106 168 A "noteworthy" controversy. Illus. 107 216 Lloyd, Robert H. Plate numbers and check numbers. Illus 104 64 Miller, Elvin B. Pursuing a Virginia private scrip note/that (expletive deleted) note!. Illus 106 151 Mueller, Barbara R. Homer Lee Bank Note Company advertising card simulates currency. Illus 104 66 Literature Review. Money of Their Own, by M.T. Bloom. 103 24 Musser, Dwight Till Eulenspiegel and notgeld. Illus. 104 60 Notgeld Till Eulenspiegel and notgeld. Illus. Dwight Musser 104 60 OBSOLETE NOTES Bears and bank notes. Illus. R.H. Durand 104 68 The Internal Revenue versus The Washington County Bank. R.H. Durand. Illus 103 26 Notes of the Kittanning Bank of Kittanning, Pennsylvania. Illus. R.C. Rennick 106 176 A noteowrthy bank. Illus. R.H. Durand 106 168 A "noteworthy" controversy. Illus. R.H. Durand. 107 216 The Philadelphia Bank. Illus. R.T. Hoober 105 95 No. Page No. Page THE PAPER COLUMN by Peter Huntoon Memphis-1983 revisited. Illus. Wendell Wolka. 107 237 The amazing $50 and $100 Lovell, Wyoming 1929 Nationals. Obituaries—Amon Carter, Jr. 104 55 Illus 106 169 SPMC people on show. Illus 103 35 Early small size Federal Reserve and gold star notes. Illus 108 278 Secretary's report. 103 34 The fascinating $5 mules. Illus. 107 205 104 79 The scarce Type 2 notes from Laramie, Wyoming. Illus. 105 123 105 132 Series of 1929 National Bank Note replacement plates. Illus... 104 72 106 179 The tangled histories of the Globe, Arizona National Banks. 107 236 Illus 103 18 108 291 PATENT PAPERS. Illus. 104 70 U.S. BUREAU OF ENGRAVING AND PRINTING Poleske, Lee E. BEP now selling 4-subject uncut sheet. 105 114 Cordoba: tragic hero of Colombia. Illus. 106 147 BEP souvenir card program for 1984. 108 275 PORTRAITS ON NOTES BEP "Watermelon note" souvenir card. Illus 104 71 COrdoba: tragic hero of Colombia. Illus. L.E. Poleske 106 147 New BEP operational change affects serial number sequence POSTAL & FRACTIONAL CURRENCY on $1 FRN. Illus 105 125 Fifty-cent postage currency research: the mystery of the pert Production of paper money. J.E. Ralph 104 74 14 resolved. Illus. M.R. Friedberg. 105 115 U.S. LARGE SIZE NOTES—general articles PRINTERS & PRINTING Plate numbers and check numbers. Illus. R.H. Lloyd. 104 64 De La Rue does more than security printing. 106 165 NATIONAL BANK NOTES Patent papers. Illus 104 70 Specimens of unreported National Bank Notes of Rhyolite Production of paper money. J.E. Ralph 104 74 & Carson City in the Smithsonian Collections. Illus. M.O. RAILROAD CURRENCY Warns 103 3 Railroad notes and scrip of the United States, the Confederate The twenty dollar First National Bank of Carson City note. States and Canada. Illus. R.T. Hoober 107 195 Illus. M.O. Warns. 106 172 108 276 U.S. POSTAL AND FRACTIONAL CURRENCY Ralph, J.E. Fifty-cent postage currency research : the mystery of the perf. Production of ap paper money 104 74 14 resolved. Illus. M.R. Friedberg. 105 115 Remick, Jerry. U.S. SMALL SIZE NOTES—general articles Coffee table book on Newfoundland currency. Illus. 108 282 Early small size Federal Reserve and gold star notes. Illus. Review of new edition of Malaysia-Singapore catalogue. 105 121 Peter Huntoon. 108 278 Rennick, Raymond C. The fascinating $5 mules. Illus. Peter Huntoon 107 205 Notes of the Kittanning Bank of Kittanning, Pennsylvania. Plate numbers and check numbers. Illus. R.H. Lloyd. 104 64 Illus 106 176 FEDERAL RESERVE NOTES REVIEWS BEP Cope production. Arizona banking history related 105 101 Oct. 1982 103 25 Banking history of Paraguay announced. 106 154 Nov. & Dec. 1982 104 78 Coffee table book on Newfoundland currency. Illus. 105 121 Jan., Feb., Mar., Apr. 1983 104 166 A Legal History of Money in the United States 1774-1970 107 212 Addition to Sept. 1981 104 67 Money and Man/A survey of monetary experiences 107 212 May, June 1983 107 204 Money of Their Own, M.T. Bloom 103 24 Sept., Oct. 1983 108 280 New edition of Malaysia-Singapore catalogue 105 121 NATIONAL BANK NOTES Notable National Bank Note catalog published 104 65 The amazing $50 and $100 Lovell, Wyoming 1929 Nationals. PM author's book on American Revolution public debt now Illus. Peter Huntoon. 106 169 available 106 154 Rhode Island Nationals—cashier's pocket piece? Illus. Steven SCRIP & SCRIPOPHILY Whitfield. 105 99 The Old Torrey Store in Manchester, New Jersey and its cur- The scarce Type 2 notes from Laramie, Wyoming. Illus. Peter rency. Illus. W.S. Dewey 105 102 Huntoon 105 123 106 173 Series of 1929 NBN replacement plates. Illus. Peter Huntoon. 104 72 107 220 Warns, M. Owen. 108 267 1929-1935 National Bank Note Varieties. Pursuing a Virginia private scrip note. Illus. E.B. Miller. 106 151 Eight unreported Wisconsin charters surface. Illus 106 171 Railroad notes and scrip of the United States, the Confederate Forty-nine unreported Texas charters surface. Illus. 107 228 States and Canada. Illus. R.T. Hoober 107 195 Individual National Banks charters by states whose notes of 108 276 the 1929-1935 issuing period remain unreported—update. The "Snag Boat" (stock certificate). Illus. B.H. Hughes 106 155 Illus 104 55 Two discount coupons from Dakota Territory. Illus. Forrest Supplement XII—additions to the 1929-1935 National Bank Daniel 103 12 Note issues previously unreported. Illus. 104 51 U.S. national debt (in the American revolutionary era)—a Those elusive notes of the 1929-1935 National Bank Note syngraphic survey. Illus. W.G. Anderson 105 110 issuing period. Illus. 108 258 SIMULATED CURRENCY Specimens of unreported National Bank Notes of Rhyolite & Homer Lee Bank Note Company advertising card simulates Carson City in the Smithsonian Collections/An update on currency. Illus. B.R. Mueller. 104 66 "The Nevada Sixteen Banks and Their Mining Camps," Simulated currency of the 19th century/political Americana. Illus The twenty dollar First National Bank of Carson City note. 103 3 R.L. Horstman 106 156 Illus 106 172 SOUVENIR CARDS Wexler, Barry. ANA Tucson convention souvenir card. Illus. 104 71 Bunco, bogus and bank robbin' 108 281 BEP souvenir card program for 1984. 108 275 Whitfield, Steven. BEP "Watermelon Note" souvenir card. Illus. 104 71 Rhode Island Nationals—cashier's pocket piece? Illus. 105 99 Souvenir card journal revises its format. 107 219 Williamson, Raymond H. SPMC Another numismatic link with Thomas Crawford. Illus 108 275 ANA convention highlights. Illus 108 286 Wismer relisting project. Awards 108 285 Bibliography of writings on Iowa obsolete notes. Larry Adams. 103 17 SPMC'ers take ANA awards. 108 286 Railroad notes and scrip of the United States, the Confederate Bill Horton candidate for ANA board. Illus. 104 69 States and Canada. Illus. R.T. Hoober 107 195 Bob Medlar seeks seat on ANA board. Illus. 105 131 Wolka, Wendell. 108 276 Interest bearing notes 103 35 Back home again in Indiana/the day they closed the banks in 104 79 Greenwood. Illus. 106 157 105 126 Interest bearing notes 103 35 106 181 104 79 107 237 105 126 108 284 106 181 Library notes 105 132 107 237 107 236 Memphis 1983 revisited. Illus. 107 237 Meet the candidates for Board of Governors. Illus 105 129 WORLD SCENE 105 121 Member finds suitable binders for Paper Money 106 181 107 226 SOCI ET Y OF PA PER MON EY COLLECT( )RS Official Bimonthly Publication of The Society of Paper Money Collectors, Inc. Vol. XXIII No. 6 Whole No. 114 NOV./DEC. 1984 ISSN 0031-1162 GENE HESSLER, Editor Box 416 Oradell, NJ 07649 Manuscripts and publications for review should be addressed to the Editor. Opinions expressed by the authors are their own and do not necessarily reflect those of SPMC or its staff. PAPER MONEY reserves the right to edit or reject any copy. Deadline for editorial copy is the 1st of the month preceding the month of publication (e.g., Feb. 1 for March/April issue, etc.). IN THIS ISSUE PRESENT HOME TOWN, HUNTSVILLE, ALABAMA Steven Whit field 267 THE EDUCATIONAL NOTE DESIGNERS BLASHFIELD, LOW & SHIRLAW— WILL LOW AND HIS WORK Gene Hessler 273 THE PAPER COLUMN—$5 SERIES OF 1875 SCHWENKSVILLE, PA. BLACK CHARTER DISCOVERY Peter Huntoon 276 THOSE GREMLINS STRIKE AGAIN Peter Huntoon 277 THE GREEN GOODS GAME Forrest Daniel 277 RAILROAD NOTES AND SCRIP OF THE UNITED STATES, THE CONFEDERATE STATES AND CANADA Richard T. Hoober 278 200th ANNIVERSARY FOR TWO BANKS Gene Hessler 282 LIBRARY NOTES Wendell Wolka 285 ANA PAPER MONEY EXHIBIT WINNERS 293 BEP SCHEDULE 293 BEP PRINTING RECORD 294 SOCIETY FEATURES INTEREST BEARING NOTES 295 SPMC AWARDS 295 RECRUITMENT REPORT 298 CONDENSED STATEMENT OF OPERATIONS 298 EDITOR'S CORNER 299 SECRETARY'S REPORT 300 Paper Money Whole No. 114 Page 265 PAPER MONEY is published every other month beginning in January by The Society of Paper Money Collectors, 1 211 N. DuPont Hwy., Dover, DE. Se- cond class postage paid at Dover, DE 19901. Postmaster; send address changes to: Paper Money, 1211 N. DuPont Hwy. Dover, DE 19901. © Society of Paper Money Collectors, Inc., 1984. All rights reserved. Repro- duction of any article, in whole or in part, without express written permis- sion, is prohibited. Annual Membership dues in SPMC are $12. Individual copies of current issues, $2.00. ADVERTISING RATES SPACE Outside 1 TIME 3 TIMES 6 TIMES Back Cover $72.00 $195.00 $367.50 Inside Front & Back Cover $67.50 $181.50 $345.00 Full Page $59.00 $158.00 $299.00 Half-page $36.00 $ 98.00 $185.00 Quarter-page $15.00 $ 40.00 $ 77.00 Eighth-page $10.00 $ 26.00 $ 49.00 To keep administrative costs at a minimum and advertising rates low, advertising orders must be prepaid in advance according to the above schedule. In the exceptional cases where special artwork or extra typing are re- quired, the advertiser will be notified and billed extra for them accordingly. Rates are not commissionable. Proofs are not supplied. Deadline: Copy must be in the editorial office no later than the first of the month preceding month of issue (e.g. Feb. 1 for March issue). Mechanical Requirements: Full page 42 x 57 picas; half-page may be either vertical or horizontal in format. Single column width, 20 picas. Halftones acceptable, but not mats or stereos. Page position may be requested but cannot be guaranteed. Advertising copy shall be restricted to paper currency and allied numismatic material and publications and accessories related thereto. SPMC does not guarantee advertisements but accepts copy in good faith, reserving the right to reject objectionable material or edit any copy. SPMC assumes no financial responsibility for typographical errors in advertisements, but agrees to reprint that portion of an advertise- ment in which typographical error should oc- cur upon prompt notification of such error. \owAll advertising copy and correspondence should be sent to the Editor. Page 266 Paper Money Whole No. 114 a. Society of Paper Money Collectors OFFICERS PRESIDENT Larry Adams, P.O. Box 1, Boone, Iowa 50036 VICE-PRESIDENT Roger H. Durand, P.O. Box 186, Rehoboth, MA 02769 SECRETARY Gary Lewis, P.O. Box 4751, N. Ft. Myers, FL 33903 TREASURER James F. Stone, P.O. Box 89, Milford, N.H. 03055 APPOINTEES EDITOR Gene Hessler, P.O. Box 416, Oradell, NJ 07649 NEW MEMBERSHIP COORDINATOR Ron Horstman, P.O. Box 6011, St. Louis, MO 63139 BOOK SALES COORDINATOR Richard Balbaton, 116 Fisher Street, North Attleboro, MA 02760. WISMER BOOK PROJECT Richard T. Hoober, P.O. Box 196, Newfoundland, PA 18445 LEGAL COUNSEL Robert G. Galiette, 10 Wilcox Lane, Avon, CT 06001 PAST PRESIDENT AND LIBRARIAN Wendell Wolka, P.O. Box 366, Hinsdale, IL 60521 PUBLICITY CHAIRMAN C. John Ferreri, P.O. Box 33, Storrs, CT 06268 NEW MEMBERSHIP COORDINATOR Ron Horstman, P.O. Box 6011, St. Louis, MO 63139 BOARD OF GOVERNORS Walter Allan, Charles Colver, Michael Crabb, Roger H. Durand, C. John Ferreri, William Horton, Jr., Peter Huntoon, Charles Kemp, Roman L. Latimer, Donald Mark, Dean Oakes, Bernard Schaaf, M.D., Stephen Taylor, Steven Whitfield, John Wilson. The Society of Paper Money Collectors was organized in 1961 and incorporated in 1964 as a non-profit organ- ization under the laws of the District of Columbia. It is af- filiated with the American Numismatic Association and holds its annual meeting at the ANA Convention in August of each ■ ear. MEMBERSHIP—REGULAR. Applicants must be at least 18 years of age and of good moral character. JUNIOR. Applicants must be from 12 to 18 years of age and of good moral character. Their application must be signed by a parent or a guardian. They will be preceded by the letter "j". This letter will be removed upon notifi- cation to the secretary that the member has reached 18 years of age. Junior members are not eligible to hold of- fice or to vote. Members of the A.N.A. or other recognized numis- matic organizations are eligible for membership. Other applicants should be sponsored by an S.P.M.C. member, or the secretary will sponsor persons if they provide suitable references such as well known numismatic firms with whom they have done business, or bank references, etc. DUES—The Society dues are on a calendar year basis. Annual dues are $12. Members who join the Society prior to October 1st receive the magazines already issued in the year in which they join. Members who join after October 1st will have their dues paid through December of the following year. They will also receive, as a bonus, a copy of the magazine issued in November of the year in which they joined. PUBLICATIONS FOR SALE TO MEMBERS BOOKS FOR SALE: All cloth bound books are 8 1/2 x 11 " INDIANA OBSOLETE NOTES & SCRIP Non-Member MINNESOTA OBSOLETE NOTES & SCRIP. Rockholt $12.00 $15.00 12.00 TERRITORIALS —A GUIDE TO U.S. TERRITORIAL BANK NOTES, Huntoon $12.00 Non-Member $15.00 INDIAN TERRITORY / OKLAHOMA / KANSAS Non-Member $15.00 OBSOLETE NOTES & SCRIP, Burgett & MAINE OBSOLETE NOTES & SCRIP. Wait $12.00 Whitefield $12.00 Non-Member $15.00 Non-Member $15.00 OBSOLETE NOTES & SCRIP OF RHODE ISLAND IOWA OBSOLETE NOTES & SCRIP, Oakes $12.00 AND THE PROVIDENCE PLANTATIONS, Non-Member $15.00 Durand $20.00 ALABAMA OBSOLETE NOTES AND SCRIP ... $12.00 Non-Member $25.00 Non-Member $15.00 NEW JERSEY'S MONEY, Wait $12.00 Non-Member $25.00 Write for Quantity Prices on the above books. ORDERING INSTRUCTIONS 1. Give complete description for all items ordered. 2. Total the cost of all publications ordered. 3. ALL publications are postpaid except orders for less than 5 copies of Paper Money. 4. Enclose payment (U.S. funds only) with all orders. Make your check or money order payable to: Society of Paper Money Collectors. 5. Remember to include your ZIP CODE. 6. Allow up to six weeks for delivery. We have no control of your package after we place it in the mails. Order from: R.J. Balbaton, SPMC Book Sales Dept. 116 Fisher St., North Attleboro, MA 02760. Library Services The Society maintains a lendin2, library for the use of Librarian — Wendell Wolka, P.O. Box 366, Hinsdale, Ill. he members only. For further information, write the 60521. Paper Money Whole No. 114 Page 267 PRESENT HOME TOWN, HUNTSVILLE, ALABAMA by Steven Whitfield The old bank appears the same today as it must have looked when it opened for business almost 150 years ago. BACKGROUND T HE pursuit of "local bank" notes holds a particularfascination for many paper money collectors. Being inthe military means a different "home town" every three years or so, this constantly opens up new opportunities for "local collecting." A few notes issued by the local banks are always attention get- ters and conversation openers at local coin shows, exhibits and club meetings. Therefore, one of the first things I do in a new town is to look up note issue information on the banks in the area and add any such notes to my want lists. The best reference materials for this purpose are: the new Hickman/Oakes book on all national issues, The National Bank Note Issues of 1929-1935, published in 1970 by the SPMC (with periodic up- dates on notes reported by Mr. Warns) and the SPMC updates of D.C. Wismer's obsolete note listings, or the originals that ap- peared in "The Numismatist." Armed with this data. I then review price lists and auction catalogues saved for the past fif- teen years to check on availability and price history of the local area notes. Sooner or later, the opportunity comes along to pur- chase a "local note." Since my present "home town" is Huntsville, the purpose of this article is to report on the paper money that was issued local- ly, along with some basic information on the banks and issuers and. hopefully, to stimulate the reporting of other data and notes that are still missing. Huntsville was founded in 1805 by John Hunt at the site of a natural spring in the Tennessee Valley of North Alabama. Orig- inally called Twickenham in honor of the home of British poet Alexander Pope, the town was eventually renamed in honor of its founder. In addition to being one of the first capitals of Alabama, Huntsville was the birthplace of several prominent Americans. Confederate cavalry leader John Hunt Morgan was born here along with Tallulah Bankhead, the famous daughter of U.S. Representative William Bankhead. In 1884 Frank James. Jesse's brother, was tried in a local courtroom for a federal payroll robbery that occurred near Muscle Shoals, Alabama in 1881. Remarkably, he was found not guilty, where- upon Minnesota and Missouri law officers promptly arrested him for other crimes. Huntsville remained a sleepy cotton town until just before World War II when the Redstone Arsenal ammunition plant was built a few miles southwest of the town. In 1950 the German rocket scientists, led by Werner Von Braun, were brought here from Texas to establish the beginnings of the U.S. space pro- gram that culminated in landings on the moon. Today NASA still maintains a presence, but the primary function of govern- ment effort in the local area is the U.S. Army's missile program. High tech industry has largely replaced the old agricultural based economy of the local area, although cotton and soybeans are still important products. Page 268 Paper Money Whole No. 114 BANKING IN HUNTSVILLE Since the note issue period ended in 1935 when national banks stopped issuing distinctive, bond secured paper money, the bank note era we shall be concerned with in Huntsville began in 1816 when the first bank was organized, and ended with the 1929 small note issues of two local national banks. With one or two exceptions, we shall concentrate only on the banks and private issuers that actually issued currency. The first bank in North Alabama was the "Planters and Mechanics Bank of Huntsville," chartered by the Mississippi Ter- ritorial Legislature on December 11, 1816. After Alabama Ter- ritory was formed from part of the Mississippi Territory, the General Assembly of the Territory of Alabama passed an act on February 13, 1818, which changed the title to the "Planters and Merchants Bank of Huntsville." This first bank in Huntsville had opened for business on October 17, 1817. On January 6, 1818, LeRoy Pope was elected president and Ben Cox became cashier. Directors included Clement C. Clay, father of Clement C. Clay, Jr., United States and Confederate States Senator whose portrait would later appear on the Confederate States $1 note; James Manning, whose son would issue scrip in Hunts- ville during the 1830s; and John W. Walker, whose son, LeRoy Pope Walker, would serve as the Confederate Secretary of War. The bank was located in a "brick home on the main town square over big spring." This would have been at, or very close to, the location of the bank building that would later be constructed for the Huntsville branch of the Bank of the State of Alabama. On May 18, 1821, the Planters and Merchants Bank alerted the citizens of Huntsville that counterfeit 75-cent notes of the bank were showing up in large quantities. The plate-produced counterfeits had the forged signatures of William and Samuel Cruse and J. Boardman. The published circulation figure for October 18, 1821 was a remarkable $220,088.69. The Planters and Merchants Bank had the distinction of being robbed on two different occasions. On February 14, 1822, a thief entered the bank after business hours through a back win- dow and opened the cashier's desk. He escaped with a reported $5,050 in "mostly Huntsville bank notes." Again on October 13, 1824. another robber broke into the bank, hit the cashier over the head and made off with between $25,000 and $29,000 in notes of the bank signed by Ben Cox or Eldred Rawlins. Apparently Rawlins was the cashier at the time of the robbery. The stolen notes were in denominations of $10, $20, $50 and $100. The bank president promptly advertised a reward of $2,000 for the capture of the perpetrator. A separate reward of $1,000 was offered for the return of the stolen money. Mr. Pope, who was largely responsible for the early develop- ment of Huntsville, was a controversial figure in the town and he made some enemies. The bank became the subject of much anti-bank sentiment, which eventually forced its closing. The Planters and Merchants Bank closed for good on February 5, 1825. For the next ten years, Huntsville did not have a local bank. Although the Bank of the State of Alabama had been chartered at Cahawba in 1823, the lack of a good transportation system prevented that bank from serving the fiscal needs of North Alabama. By 1833, the cotton business was being severe- ly impacted by the lack of a local financial institution. On February 4th and 5th, 1835, an organization meeting was held at Huntsville for a local branch of the Bank of the State of Alabama. Bartlett M. Lowe was chosen as president and Major James Penn became cashier. George Cox, Jr. was bookkeeper of the new branch. The bank opened on the town square around the end of July 1835 in rented quarters. A building com- mittee of four men, including James J. Donegan, who in later years would become president of the Northern Bank of Alabama, was formed to obtain a proper banking house. Mr. George Steele, a renowned local architect, designed a magnifi- cent Greek revival building to be constructed at the southwest corner of the square over the big spring. Built between 1837 and 1840, the new bank building included basement detention cells for slaves who would be used as collateral for loans. With several minor exceptions, the building has served continuously as a bank for almost 150 years. The Huntsville branch of the State Bank maintained a very large circulation to finance the cotton trade and various other speculations. The reported figure for October 31, 1835 was $319,320 and for November 1, 1836 it was $565,500, in- cluding $328,410 in "post notes payable at the Bank of Loui- siana." The bank issued both regular and post notes in denominations of $5, $10, $20, $50 and $100. The State Bank continued in operation until approximately 1846 when serious financial difficulties brought about its liquidation. The local branch may have closed as early as 1842, but the final liquida- tion was not completed until 1857. Unfortunately for present- day collectors, most of the notes and papers of the bank were burned. The building was sold by the liqidation committee for $15,000 in July 1854. The "Panic of 1857," caused by the flood of unregulated paper issues that followed the expiration of the federally char- tered Second Bank of the United States in 1836, was probably the reason for two issues of the local notes in the 1830s and ear- ly 1840s. The first issue was made by the Madison Turnpike Company at Huntsville. Chartered in 1832, this company was responsible for the construction of a fourteen mile turnpike from four miles outside of Huntsville to the village of Whitesburg on the Tennessee River. The NASCA auction sale of Dr. M. Clin- ton McGee's Alabama collection, conducted January 30, 31 and February 1, 1978, included a 25-cent note of this firm dated July 1, 1840, and this writer recalls seeing a 12 1/2-cent note some years ago. It is likely that other denominations were also used. The so-called "Manning money" was the other local issue of the 1830s. R.J. Manning's father had been one of the original directors of the Planters and Merchants Bank twenty years earlier. Young Manning was a local merchant who is reported to have established the Bell Factory Store on the square. The store was a retail outlet for the products of the Bell Factory Cotton Mill, formerly Patton, Donegan and Co., which had been organized in 1832. The McGee sale included a $1 note of R.J. Manning, dated August 1, 1838, and one of the local banks still has a 50-cent note of this firm. The Bell Factory ceased opera- tions around 1885. On February 10. 1852. the Northern Bank of Alabama at Huntsville was incorporated with a capital not to exceed $834,000. The state had the right to subscribe to forty percent of the stock of the new bank. The bank opened in the former Paper Money Whole No 114 Page 269 Ten dollar note on the Northern Bank of Alabama at Huntsville. building of the State Bank branch and eventually purchased the location in 1854, as previously mentioned. James J. Donegan was president and Theophilus Lacy was cashier. The directors were Samuel Cruse, who apparently had been associated with the old Planters and Merchants Bank, George P. Beirne, Charles H. Patton, James H. Mastin, James L. Watkins and James J. Donegan. This bank was the only bank outside of Mobile and New Orleans that did not suspend specie payments when the Civil War broke out. The Northern Bank issued notes in denominations of $1, $2, $5, $10, $20. $50 and $100. The $1s and $2s are fairly common today and occasionally a $10 turns up. But the other denominations appear to be scarce. During the war there was a severe shortage of circulating small change which caused many local merchants to issue small denomination paper scrip. Two such issues circulated by local firms are known to this writer. Both appeared in the McGee sale and both were issued by local hotels in 1862. The Johnson House, which appeared in the 1859 City Directory, issued a 5-cent note. The Huntsville Hotel, issuer of a 25-cent note, was constructed in 1858/1859 on the site of the Bell Tavern which had burned in 1854. The new hotel, located near the square. was a Huntsville landmark until 1910 when it, too, was des- troyed by fire. On April 11, 1862 Federal troops occupied Huntsville. Soldiers under the command of General O.M. Mitchell oc- cupied the town and the surrounding area. The town of Athens was sacked and Whitesburg, a village on the Tennessee River south of town, was razed. Rail facilities and military supplies in Huntsville were burned before the Union forces departed on August 31, 1862. In July 1863 the Federals returned to Hunt- sville, remaining until September when they abandoned the town again after causing much destruction. On November 26, 1863 they came back to stay, thereby ending any Confederate control in the area. The Union occupation forced the Northern Bank of Alabama to close its doors and begin a liquidation that would not be com- pleted until 1867. As late as 1865 the bank's notes were quoted at thirty cents on the dollar. Many of the bank's organizers would soon be back in the banking business at Huntsville as will be seen shortly. Following the war, three banks of interest were organized in Huntsville. The first of these was the National Bank of Hunts- ville, organized on September 15, 1865 by many of the former Northern Bank directors. The bank was granted National Bank Charter Number 1560 and was authorized to conduct business. An advertisement in "The Huntsville Advocate" of June 30, 1866 lists the directors as James H. Mastin, James J. Donegan, George P. Beirne, James L. Watkins and Joseph W. Burke. James Mastin was president of the new bank and Theo Lacy was cashier. With the exception of Joseph Burke, all of these men had served in similar positions with the Northern Bank, then in the process of liquidation. James Mastin served as presi- dent until January 17, 1882 when he was succeeded by James R. Stevens. The National Bank of Huntsville occupied the same building that had housed the Northern Bank and the Huntsville branch of the State Bank. This bank issued First Charter National Bank An early check from Fordyce & Rison, Bankers at Huntsville. 111:NTSirt 192411 TN'TP5 1§1.914.44.4tl., • • THE HENHERSON NATIONAL BANK OF IUNTS VILLE ALABAMA *3 Timm iroumis A001134 111 TATE; a76r: A001; 8 7 6 5 Page 270 Paper Money Whole No. 114 notes in $5, $10 and $20 denominations and Second Charter period Brownback $10s and $20s. To this writer's knowledge, only two notes of this bank are known to have survived. In 1866 the firm of -Fordyce, Janney & Co., Bankers and Brokers" was established by R.W. Fordyce, E.L. Janney and W.P. Rison. Sometime prior to 1872 the name was changed to "Fordyce, & Rison, Bankers." In later years this bank would become the largest bank in Huntsville as the "W.R. Rison Bank- ing Co." Although it issued no bank notes, its size and date of organization make it a bank worthy of mention here. It was eventually purchased by the First National Bank of Huntsville around 1948. In early 1865, President Lincoln had authorized the Freed- man's Savings Bank to provide banking services to the newly freed slaves. Alabama branches were established in Mobile, Montgomery and Huntsville. The Huntsville branch operated from 1868 until 1874 when the bank failed. Mr. Lafayette Robinson was cashier of the local branch. On July 5, 1889. the National Bank was rechartered as the First National Bank of Huntsville with Charter Number 4067. James R. Stevens, former president of the National Bank, re- tained his position as president of the newly named bank until he resigned in 1899. He was followed by Major William H. Echols from 1899 to 1909 and then by Robert E. Spragins until 1935, the end of the note issuing period. Mr. Spragins was suc- ceeded by his son, M. Beirne Spragins. Henry C. Landman was cashier during the 1929 note issue period. The First National Bank continued to occupy the old building on the square. The "First National" issued Second Charter Brownbacks. Third Charter Blue Seals, and the small size 1929 issues of national bank notes. The bank building underwent several renovations during all this time, but its exterior appearance was preserved unchanged. In recent years. the First National became part of the First Alabama Bank Corporation, which continues to use the old building as its main office in Huntsville. Two other national banks were organized in Huntsville during the note-issuing period. The first of these was a short-lived in- stitution named the Farmers and Merchants National Bank, Charter Number 4689. Chartered in 1892, this bank operated for only thirteen years until it was liquidated on March 16. 1905. Brownback $10 and $20 notes were issued by this bank but none are known to have survived. In 1901 Mr. W.I. Wellman was president and Mr. J.R. Boyd was cashier. The last note-issuing bank established in Huntsville was the Henderson National Bank organized in 1907 with Charter Number 8765. Mr. Fox Henderson was president and James PDXY'l'1.)71•11 .,E :01.1"197g112 :191 , • 1/0/.1114.A.IC A 1926 check with a vignette of the bank and the cashier's signature as a witness. The 1929 type 11 national bank notes— the end of an era. Paper Money Whole No. 114 Page 271 Murphree was cashier. Murphree died in 1914 and was suc- ceeded by his son, Robert. Robert Murphree later became presi- dent and his signature appears on the 1929 note issues, along with W.R. Stobaugh as cashier. This bank was located in a building approximately diagonally across the town square from the First National. (The bank remained in this location until 1948, when it relocated to a new headquarters on the northwest corner of the square.) The Henderson National Bank issued Third Charter Red Seals and Blue Seals and the 1929 Series notes. The 1929 $20s of this bank are fairly common since a number of them appar- ently were included in a hoard of Alabama notes that surfaced in the 1960s. The Henderson National became part of the First National Bank of Alabama in 1981 and the old name was lost. Thus, a very small town in the south. at least until the 1960s. had quite a substantial numismatic history and produced a large variety of collectible paper money. However, although the variety was large, the quantity available in minuscule, thereby creating a significant challenge to the modern collector. The tables that follow show the surviving notes recorded by the writer to date. Anyone having any serial number data not indicated here is re- quested to report it to John Hickman or the writer. TABLE I HUNTSVILLE NOTES ISSUED 1. Planters & Merchants Bank 1816 - 1825 $10, 20, 50, 100 & 75( 2. Huntsville Branch, State Bank 1835 - 1840s $5, 10, 20, 50 & 100 3. Madison Turnpike Company 1832 - 1840s 121/2(*, 25(* 4. R.J. Manning 1830s 121/2(*, 50(*, $1* 5. The Northern Bank of Alabama 1852 - 1863 $1*, 2*, 5*, 10*, 20, 50 & 100 6. The Johnson House 1862 5(* 7. The Huntsville Hotel Company 1862 25(* 8. The National Bank 1865 - 1889 Original Series$5*, 10. 20 Series 1875 $5*, 10, 20 Brownback $10, 20 9. The First National Bank 1889 - 1935 Brownback $10*. 20 1902 DB $5, 10, 20 1902 PB $5*, 10, 20* 1929 I $5, 10. 20* 1929 II $5*, 10, 20* 10. The Farmers & Merchants Nat'l 1892 - 1905 Brownback $10, 20 11. The Henderson Nat'l Bank 1907 - 1935 1902 RS $5, 10*, 20* 1902 DB $5, 10, 20 1902 PB $5*, $10*, 20* 19291 $5*, 10*, 20* 1929 II $5, 10* 20* Note M. Owen Warns reported a 1929 $5 note on Charter Number 4067, The First National Bank, in Paper Money, Whole Number 87. page 146. He also reported a $5 note on Charter Number 8765, "The Henderson National Bank," Paper Money, Whole Number 54, page 253. It is not known whether either of these were Type I or II. * Indicates notes seen or reported. Page 272 Paper Money Whole No. 114 TABLE II RECORDED SERIAL NUMBERS FOR LARGE SIZE HUNTSVILLE NATIONAL BANK NOTES Bank No. 1. National Bank of Huntsville, Charter No. 1560 Orig Series $5. 1837? Series 1875 $5. 793 2. First Nat'l Bank of Huntsville, Charter No. 4067 Brownback $10. 2663 1902 PB 5. 9239 1902 PB 5. 10077 1902 PB 20. 13586 3. Farmers & Merchants Nat'l Bank, Charter No. 4689 NONE RECORDED 4. Henderson Nat'l Bank of Huntsville, Charter No. 8765 1902 RS $10. 553 1902 PB 5. 25757 (Treasury No. also 16164) 1902 PB 10. 16164 (Treasury No. K103546H) 1902 PB 10. 2 1902 PB 5. 24093 1902 PB 20. 15639 1902 RS 20. 1136 BIBLIOGRAPHY Betts, Edward Chambers. Historic Huntsville. Montgomery, Alabama: The Bram Printing Company, 1916; reprint ed. 1966. Brantly, William H. Banking in Alabama, 1816-1860. Birmingham, Alabama: By the Author, vol. 1: Birmingham Printing Co., 1961. Dooling, Dave and Sharon. Huntsville, A Pictorial History. Virginia Beach, Virginia: Donning Company, 1980. Hickman, John, and Oakes, Dean. Standard Catalog of National Bank Notes. Iola, Wisconsin: Krause Publications, 1982. Huntoon, Peter, and Van Belkum, Louis. The National Bank Note Issues of 1929-1935. Edited by M. Owen Warns. Chicago: The Society of Paper Money Collectors, Hewitt Brothers, 1970. Taylor, Judge Thomas James. A History of Madison County, 1732- 1840. University of Alabama: Confederate Publishing Co., 1976. The Huntsville Advocate. Huntsville, Alabama: Various issues begin- ning with 30 June 1866. The Huntsville Times, 11 September 1955. "Glimpses into Ante-Bellum Homes, Huntsville. Alabama"; Huntsville Branch, American Association of University Women, 5th ed., Hicklin Printing Co., 1976. "Illustrated & Descriptive, Huntsville & Madison County, Alabama": Business Men's League of Huntsville. 1909. NASCA Auction Catalogue: The M. Clinton McGee Collection of Ala- bama Notes and Related Fiscal Papers, The New England Collection, 30, 31 January and 1 February 1978. Note Files of John Hickman for Alabama and correspondence with collectors. "Postal Guide and Souvenir of Huntsville, Alabama"; 1 January 1901. Paper Money Whole No. 114 Page 273 74 Ede e e, a tea a a Vote Vedirigeltd, Zorzt .5‘bre40, by GENE HESSLER (Continued from PM No. 113, Page 236) WILL H. LOW and His Work I N 1853, the year the cities of New York and Chicago werelinked by rail — both cities were important in the life of theartist—Will Hicock Low was born on 31 May in Albany, New York. As a youth he was frequently ill, and his schooling was often interrupted. During these absences from the classroom young Will spent much of his time drawing. At seven- teen he submitted a drawing to the Independent, a newspaper, for which he received $50. Domestic difficulties at home forced the boy to venture into the world alone. Though he lacked for- mal training he was soon illustrating for Harper's and Appeltons'. On the heels of these triumphs, Will Low began to paint in oil, but he immediately realized the training he lacked was a major handicap. At about the age of twenty he went to Paris where he remained for five years. The two most important teachers under whom he studied were Gerome and Carolus Duran. In the French capital Will Low acquired more than just painting techni- que; he found a wife as well—a Parisienne named Marie Julienne. Both Mr. and Mrs. Low became close friends of Mr. and Mrs. Robert Louis Stevenson, who they met in Paris. Looking back to that period in his life Will Low wrote that "Art and life were synonymous with us in those days."' When the Lows returned to Paris in 1886 the Stevensons stayed with them; their circle of friends expanded to include Rodin. On one occasion Low told of an incident when the enigmatic Stevenson confided in him, wondering if he should accept $8,000 for the serial rights to a book. The author thought the amount was too much. There was another instance when Low accompanied Mrs. Stevenson and her mother-in-law to the opening performance of Dr. Jekyll and Mr. Hyde;' Stevenson was too ill to attend. "When cries of `Author! Author! came, Mr. Low . . . suddenly realized he was mistaken for the author, when as suddenly collapsed from sight onto the floor of the theatre box."' Low served as the model for the character Loudon Dodd in The Wrecker, a collaboration of Stevenson and John Lloyd. It was Low who introduced Augustus Saint Gaudens to Robert Louis Stevenson after the sculptor had requested a meeting. . . . it was my good fortune to bring together Robert Louis Stevenson and Augustus Saint Gaudens, and in this way to be the means of the production of the best portrait of Louis ever made, the fine bas-relief modeled by the sculptor, who afterwards to my great delight presented to me the first cast made from the mould."' In 1879 Will Low became associated with, and obviously was influenced by the legendary American artist John LaFarge. One of the things Low learned from working with this giant was the ability to work with stained-glass. Ten years later Low received a medal at the Paris Exposition for illustrations he did for Keats' Lamia, illustrations that gained world recognition. He also illustrated Odes and Sonnets. The beautiful diploma for the Chicago Exposition' was designed by this artist. In 1904 Low designed another official diploma, this time for the Louisiana Purchase Exposition. Will H. Low, artist and muralist. (Courtesy of Thomas F. Morris II, de- ceased). Page 274 Paper Money Whole No. 114 Just over ten years earlier, Low was one of the three artists chosen to create designs for the educational notes of 1896. Before Low began his designs he wrote to the Chief Engraver at the Bureau of Engraving and Printing saying, "I have thought a great deal of the proposed series of designs, and if your Bureau can carry through its laudable desire to better the quality of designs for our currency I can promise you my most earnest endeavors. I am certain that a move in this direction would be extremely popular. and thoroughly in the line which the best ar- tistic taste has been endeavoring to impress on the people at large for the past few years. It certainly would. from an artistic standpoint, be commencing at the very root to put a work of art in the hands of every man who buys a loaf of bread." With these many accomplishments Will H. Low was sought after to become a member of the elite artistic societies. A few of them are: the Society of American Artists, the National Academy of Design, the National Society of Mural Painters and the National Institute of Arts and Letters. He was distinguished as a member of the latter because he also gained literary reputa- tion. He wrote A Chronicle of Friendships and A Painter's Prog- ress; the second title was originally delivered at the Art Institute of Chicago as part of the Scammon Lectures. In Will Hicock Low's obituary in The New York Times—he died on 27 November 1932—the writer could have in part re- ferred to History Instructing Youth on the $1 educational note when the following was written. "Low has been commended for the grace of line, delicate color and sound composition of his painting. Critics have approved his treatment of gods and nymphs for their charm of color reflections in light and shade."' Decades before Will H. Low died, in 1932, there was a revolution in the art world: Picasso's cubism, the fauvism of Matisse and the paintings of Braque who was associated with both movements. The new, radical approaches to artistic ex- pression did not meet with Low's approval; he remained un- shakeable in his realistic attitude. In his obituary he is quoted as saying he could never find the nude in the DuChamp, A Nude Descending a Staircase. "I suppose movements like these serve their purpose [by] stirring up the goldfish." THE ART WORK OF WILL H. LOW TITLE LOCATION/PUBLICATION TITLE LOCATION/PUBLICATION A Gray Day on the Seine Homage to Women Waldorf Astoria Hotel Ladies Reception Room, NY City Aurora Metropolitan Museum of Art, NY City In an Old Garden Architecture, Astronomy and Music State Education Building Rotunda, Albany, NY Innocence Fears Not the Law Essex County Court House, Newark, NJ Ariadne on Naxos American Academy of Arts. NY Labor, Manufacture and Legislative Library, State City Transportation Capitol. Albany. NY At the Spring "Catalogue of a Memorial Exhibition," Carnegie Institute, Pittsburgh. 1911 Le Jour de Mort L'interlude, Jardin de Smith College, Northhampton, MA University of Virginia, By the Fountain MacMonnies Charlottesville Calling Home the Cows Love Disarmed Chole Lunette: Garden Fete, Chateau Residence of Anthony N. Brady Cleveland Welcomes the Arts "American Art Annual," Vol. 9, 1911 d'Anet, Time of Henri II Maids in Cashmere Albany, NY American Art Annual Art Collec- Day Dreams Private Residence tions. E.W. Walker & Co., Boston. 1889 Decorations Trinity Church. Boston, MA May Diogenes and the Child Essex County Court House, Newark, NJ Men Are April When They Woo Mercury, the State and Legislative Library, State Drama Waldorf Astoria Hotel. NY City Agriculture Capitol. Albany, NY Garden of Diane Murol Painting. E.H. Blashfield Scribner's Sons, New York, 1913 Music of Peace Music of the Sea Waldorf Astoria Hotel, NY City Waldorf Astoria Hotel, NY City Girl in Rose "American Art Review," Vol. Music of the Woods Waldorf Astoria Hotel, NY City 2-4, 1891 Music of War Waldorf Astoria Hotel, NY City Golden Autumn American Mural Painting, Pauline King, Noyes, Platt & My Lady "National Academy of Design Co., Boston, 1901 70th Annual Exhibition." 1895 Deitio,carce*ii.-a.E•ga .gtedictgle Paper Money Whole No. 114 Page 275 LOCATION/PUBLICATION Essex County Court House, Newark, NJ "National Academy of Design 69th Annual Exhibition," 1894 National Academy of Design. NY City Luzerne County Court House, Wilkes-Barre, PA American Impressionism, R.J. Boyle, Graphic Society, New York, 1974 "National Academy of Design 100th Annual Exhibition," 1925 Essex County Court House, Newark, NJ Albany Institute of History and Art, Albany, NY Church of St. Paul. Albany, NY Essex County Court House, Newark. NJ Story of American Painting, C. Caffin. F.A. Stokes, New York, 1907 State Education Building, Albany, NY Earl Hall, Columbia University, NY City 1. Margaret Mackay, The Violent Friend, The Story of Mrs. Robert Louis Stevenson, Doubleday & Co.. Inc., Garden City. NY. 1968, p. 53. 2. This story was translated into French by Mrs. Low. 3. Mackay, p. 231. 4. Thomas F. Morris, II, The Life and Work of Thomas F. Morris 1852-1898, ed. Barbara R. Mueller, published by the author, 1968, p. 93. 5. Illustrated on p. 24 of the History of the Bureau of Engraving and Printing 1862-1962. Only 25,000 diplomas (17.5 x 23.5 inches) were printed. It was "pro- nounced by all who have seen it [as] one of the most beautiful and most skilfully executed works of the kind...." 6. See Paper Money, September/October 1979 for this author's account of Low's work on the $1 and $2 (essai). Additional Sources Edwin Howland Blashfield, Mural Painting in America. Scribner's Sons, New York, 1913. Gene Hessler, U.S Essay. Proof & Specimen Notes, BNR Press, Port Clinton, OH, 1979. Pauline King, American Mural Painting, Noyes, Platt & Co., Boston MA 1901. Isabel S., and Kate M. Munro, Index to Reproductions of American Paintings, The H.W. Wilson Co., New York, 1948. Lyn Wall Smith and Nancy Dustin Moure, Index to Reproductions of American Paintings, The Scarecrow Press, Inc., Metuchen, NJ & London, 1977. The National Cyclopaedia of American Biography, Vol. VI, James T. White & Co., New York, 1929. Who Was Who in America, 1897-1942, A.N. Marquis Co., Chicago. IL. 1943. TITLE Narcissa Nativity Neath Apple Boughs Nymph Echo Portrait of Mrs. L Purple and Gold Prosperity Under the Law Reading in a Meadow Robert Louis Stevenson at Fountainbleau Search of an Honest Man Skipper lreson's Ride Suffer the Little Children to Come Unto Me Telling the Bees Ten Stained-Glass Windows The Portrait Venus de Milo (sculpture) Victory One of the interesting things in the history of banking in Denton County, Texas concerns Dr. J.P. Blount, a medical doctor. He was the first president of the First National Bank of Denton - charter #2812. This bank was organized in 1881. He was also the first president of the Den- ton County National Bank - charter #4708; 1892 was the organization date of this bank. Then, in 1912 Dr. Blount became the first president of the First Guaranty State Bank. The only bank in Denton for which he did not serve as president was the Exchange National Bank of Denton, organized in 1883 - charter #2949. (Submitted by Frank E. Clark III) Bibliography North Texas State University Business Oral History Collection Interviewer: Dr. David R. Fitch Interviewee: W.C. Orr, Jr. Date: April 13. 1977 Standard Catalog of National Bank Notes by John Hickman and Dean Oakes. GEORGE JUNIOR REPUBLIC PROJECT Gary Pipher, President of the Bank Token Society is seeking information that relates to currency items issued by the George Junior Republic; its motto was Nothing Without Labor. Any SPMC members who have notes, checks, punchcards or tokens issued by the George Junior Republic are encouraged to write to: Gary Pipher, P.O. Box 217, Johnston City. NY 13790. X( 1112d) 1144ND.: 34- Page 276 Paper Money Whole No. 114 THE PAPER COLUMN by Peter Huntoon $5 Series of 1875 Schwenksville, Pa. Black Charter Discovery A collector who wishes to remain anonymous has just discovered the first $5 Series of 1875 black charter note to be reported from the National Bank of Schwenksville. Pennsylvania. Of fourteen banks, which potentially issued this variety, this is the eighth bank from which specimens have been verified. The Schwenksville occurrence was predicted by myself, Raymond and Hickman from our research of specimens held by the Smith- sonian Institution. The National Bank of Schwenksville was the last bank to utilize the variety and its charter 2142 is the highest that bears the variety. COINCIDENCE wo Pennsylvania banks are known to have issued the variety, Boyertown (2137) and Schwenksville (2142). A third is likely, Green Lane (2131). In what I find to be a remarkable coincidence given the size of Pennsylvania and the plethora of banks in the state, all these black charter banks are located within eleven miles of each other! Schwenksville lies about 25 miles northwest of the heart of Philadelphia on state route 73 where it intersects state route 29. You can take 29 north to Green Lane, or 73 west to Boyertown. The National Bank of Schwenksville was organized April 14, 1874; its first officers were Jacob G. Schwenk, president and John G. Prizer, cashier. Prizer signed the discovery note as cashier although Henry W. Kratz appears as president. The bank is still in business on the corner of Main and Centennial Streets under the title of the National Bank and Trust Company, a title change that was effected in 1931. Schwenksville is located along Perkiomen Creek. The small town was formally named Schwenksville about 1872, and was incorporated as a borough in 1903. However, its history is far older. The Lenni-Lenape Indians ceded the land along Perki- omen Creek, which ultimately became Schwenksville, to Wil- liam Penn in 1684. About 1695—before the revolution— the first copper mine in Pennsylvania was operated there. The first Schwenk known to live in the vicinity was a blacksmith named George who appeared on a 1756 census for the area. William Morris' county map of 1849 showed only Schwenk's inn and store, the house of J. Steiner, and a blacksmith shop in what is now Schwenksville. Soon thereafter George Schwenk established a post office designated as Schwenk's Store, PA. Following the renaming of the town to Schwenksville in 1872. the population continued to grow, largely with Germans: by 1880 there were 303 inhabitants who claimed the town as home. The Green Goods Game Conducted by ,r,"% Forrest Daniel 4"--V If Paper Money Whole No. 114 INDUSTRY 0 NE factor contributing to the growth of the town was thecoming of the railroad in 1869, which brought manysummer visitors and establishment of an amusement park, and summer hotels on nearby Spring Mountain. Perkiomen Creek was popular for swimming and boating, although it later became polluted. A primary industry before refrigeration was ice harvesting from Perkiomen Creek. Today all vestiges of industry are virtually gone, and the town serves as a quaint residential community. It boasts a weekly newspaper dating from 1877. Some past industries include a men's clothing manufacturer employing a peak of 700 people in the late 1800s. A cigar maker in the early part of this century boasted production of up to five million, hand rolled cigars per year. Ladies handbags were also produced in the town for a while. The grand note about which this article revolves turned up in eastern Pennsylvania this year. It didn't travel far since it was issued about 90 years ago, and is conservatively graded on the high side of vf. REFERENCES Bean, Theodore W., ed., History of Montgomery County, Pennsyl- vania, Vol. II: Everts and Peck, Philadelphia, 1884. Toll, Jean B.. and Schwager. Michael J., eds.. Montgomery County, the Second Hundred Years, Vol. 1: Montgomery County Federation of Historical Societies, 1983. THOSE GREMLINS STRIKE AGAIN Peter Huntoon In my article "Evolution of Treasury Serial Numbering on Na- tional Bank Notes" on pages 181-185, Paper Money, whole number 112 (July-August, 1984) the banks listed in Table 4 are incorrectly identified as are references to them in the text. The following corrections are in order: The Cecil NB, Fort Deposit, Indiana (1211) should be the Cecil NB, Port Deposit, Maryland (1211). Likewise the NB, Elkhorn, Indiana (1236) should be the NB Elkton, Maryland (1236). These errors crept in when I misread the hand written entries in the ledgers. Most embarrass- ing is that I misread the script Md as Ind. It always pays to cross check your data! Another fact, relating to Table 2, is that neither the Westchester NB of Peeksville, NY nor the Washington County NB of Greenwich, NY, issued any of the 1-1-2-2 Series of 1875 notes printed for them. The conclusion: no 1-1-2-2 Series of 1875 sheet combinations were issued. These corrections were supplied by Don Kelly who I salute for his thoroughness in reading such articles. Especially I thank Don for being kind enough to bring these errors to my attention. Don did have another exciting comment. He advises that you may see examples of both a $1 and $2 from an Original Series 1-1-2-2 combination sheet issued by the Greenwich, New York Bank on page 334 in Paper Money, whole number 84 (Nov.-Dec., 1979). Remember that these are distinguished by having blue treasury serial numbers with the unique A prefix let- ter. Notes from sheets A17797 and A19935 are shown. HOOSIERS TAKEN IN Valparaiso, Ind., Jan. 21. —The north part of this county is on the boom, which makes it a good field for sharpers to get in their work. Last Wednesday Thomas Payne of Boston reached Chestertown, claiming to represent a syndicate of capitalists of Chicago, Cincinnati and New York, saying they wanted to secure about 2,000 acres of land there for a large manufacturing site. He visited several of the large property owners, securing options on their land, saying other parties would be out in a few days to look at the property and close up the deal. In each case he paid for the option with a big bill, always receiving a large amount of change. He spent money freely in Chestertown and Porter. He called at the Chestertown bank. asking for some blank bank notes. He filled out two for $450 and $65, payable to Thomas Payne and Patrick O'Connor, a wealthy farmer near Chestertown. Coming to this city he sold them to the State Bank of Valparaiso. He then returned to Chestertown, and from there visited La Porte and Michigan City. Last night it was discovered that a large amount of counterfeit money was in circulation in Chestertown and Porter, which was traced to the land speculators, and it is supposed that all the money he paid for options was counterfeit. To-day Patrick O'Connor received notice from the State Bank of Valparaiso that it held his notes given to Thomas Payne, due in May next. Mr. O'Connor pronounced them a forgery, claiming never to have given his note to Payne. It is thought that the La Porte and Michigan City banks were swindled also, as Payne visited both towns during the week. —St. Paul (Minn.) Pioneer Press, Jan. 22. 1894. ALTERED CANADIAN BILLS The $1 bills of the new Dominion issue are not safe to leave in cir- culation. The ground work is the same as that of the revenue stamps used on cigar boxes, and by simply cutting out a figure from the latter and pasting it over the figure one of the bill a five dollar bill can be manufactured that will be accepted ninety-nine times out of one hun- dred. Several of such bills have been passed in the city and people should examine five dollar bills closely to see that they are not taking a one. Business men think that the new bills should be recalled, and alterations made whereby the raising of ones to fives by the means described would be rendered impossible. — Winnipeg Free Press. — (The Pioneer Express, Pembina, N. Dak., Dec. 17, 1897.) BILL IS COUNTERFEIT Page 277 Bankers are now being warned of an attempted counterfeit of a federal reserve bank note, check letter "B" face plate No. 3, back plate No. 20, W. G. McAdoo, secretary of the treasury, John Burke, treasurer of the United States, portrait of Jackson. Officials of the secret service have advised North Dakota bankers that this is a most dangerous counterfeit and even money experts may be deceived by it. The secret service states that the most noticeable dif- ference is in the portrait of Jackson, the face and hair of which are too dark. The back of the note is about 1-16 of an inch larger than the gen- uine. — The Dazey (N. Dak.) Commercial, Nov. 24. 1926. rrrIte re' ,„, o aynetiSoutheinRailRoad. L rj:,=. //It/ 71/(7 .:izmxtize Page 278 Paper Money Whole No. 114 Railroad Notes and Scrip of the United States, the Confederate States and Canada by RICHARD T. HOOBER (Continued from PM No. 113, Page 227) Indiana No. 26. 26. 5.00 Female seated in ornate 5, 5 above. (C) Farmer feeding swine. (R) Franklin Pierce, FIVE above. R5 27. 5.00 (L) Train, FIVE above. (C) Deer, 5 left. (R) Train, 5 above, FIVE below. Date—October 2, 1854. Imprint—Toppan, Carpenter & Co. Cincinnati. R7 NEW ALBANY —NEW ALBANY & SALEM RAILROAD 28. 1.00 (C) Farmer loading hogs onto train. (R) Woman. R7 29. 2.00 (L) Indian portrait of Red Jacket, 2 above. (C) Train. (R) Indian woman, 2 above. R7 30. 3.00 (L) Woman feeding chickens. (C) Commerce, 3 left. (R) Washington, 3 above. Date—Oct. 1, 1856, part ink. Imprint—Rawdon, Wright, Hatch & Edson, Cincinnati & N.Y. R7 NEW CASTLE—CINCINNATI, LOGANSPORT & CHICAGO RAILWAY COMPANY 31. 50.00 (L) Medallion head above, train below. (C) Child between women. (R) Medallion head, 50 above and below. R7 32. 100.00 (L) Inscribed panel, 100 above and below. (C) Three women, train. (R) Medallion head above, riverboat below. Date—August 30, 1854, part ink. Imprint — None. R7 AVE!. /46>-../ 7. •(//://e...r / , ////t//// /I/ tne,ziA -** Paper Money Whole No. 114 Page 279 IOWA CAMANCHE—GREAT WESTERN RAILROAD COMPANY Notes of this road were to be redeemed in capital stock, bearing 10 percent interest. 1. 1.00 (L) Train, ONE below. (C) Red 1. (R) Deer. R7 2. 2.00 Similar to No. 1, except for denomination. Date—January 1, 1858, part ink. Imprint —Bogardus & Lewis, Buffalo. R6 DUBUQUE—DUBUQUE & PACIFIC RAILROAD COMPANY 3. 3.00 Woman's portrait in ornamental panel, THREE below. (C) 3 on shield between two men. (R) Train, 3 above. R7 4. 15.00 (L) Indian woman. (R) Train. The denomination is inscribed in ink. Dated—April 6, 1858, part ink. Imprint —None. R7 Iowa No. 4. DUBUQUE—DUBUQUE, MARION & WESTERN RAILROAD COMPANY Successor to Dubuque & Pacific Railroad Co. 5. 1.00 (L) Train, 1 above. (C) Men loading corn onto wagon. (R) Liberty, ONE above. Red and black print. R5 6. 2.00 (L) Woman seated, bale, 2 above. (C) Woodsmen felling trees. (R) Indian woman, TWO above. Red and black print. R5 7. 3.00 (L) Farmer with scythe, 3 above. (C) Men, livestock, train. (R) Eagle atop shield, THREE above. Red and black print. R5 8. 5.00 (L) Woman with grain stalks, 5 above. (C) Commerce, bales and shield. (R) Sailboat, FIVE above. Red and black print. R5 n i 1111111111111 Page 280 Paper Money Whole No. 114 DUBUQUE-DUBUQUE WESTERN RAILROAD COMPANY The road was chartered September 10, 1855. About 30.7 miles of track were laid, running from Farley to Anamora, Iowa. Over $16,000 in notes were issued, most of which were redeemed at 50% of face value. The company was sold in foreclosure April 30, 1861, to the Dubuque, Marion & Western Railroad. The line was finally absorbed by the Chicago, Milwaukee & St. Paul Railway, February 22, 1881. The following notes are divided into three distinct issues, as determined by the dates on each. .1 /0 /04!‘”, 10(4 2210 f.2 ..1(red (?.;;;;.,,vzi/rat .111 Ft.)/ el/ //, r . W, , a Ow / ( / If et r r ttl t .. Dubuque, 20th October, 1857. AXT‘ 11‘1•:, Art Eit t Ai Li: RriI VED If rrq f (4 , inot41 Ictrpn ilrrc .4t/-: ae 14./ i.)(1 de/ 11;e•ao /e ( Iowa No. 9. First Issue 9. 5.00 (L) Train. R6 10. 10.00 Similar to No. 9, except for denomination. R6 11. 20.00 Similar to No. 9, except for denomination. Date-October 20, 1857. Imprint - None. R6 Second Issue 12. 5.00 Similar to No. 9, except denomination is in ink, and the date is part ink. R6 13. 10.00 Similar to No. 12, except for denomination. R6 14. 20.00 Similar to No. 12, except for denomination. R6 Third Issue 15. 50t (L) 50 CENTS in panel. (R) 50 and FIFTY CENTS. R7 16. 1.00 (L) ONE. (R) 1. R4 17. 3.00 (L) THREE. (R) 3. R6 18. 5.00 (L) Five. (R) 5. R4 Paper Money Whole No. 114 AN VittSCATI RAI fiCrA — / 0 et, TO ' •1191 -01, t Iowa No. 19 Page 281 xt ;;11.c ?-//,7X1,16140..si UR OA :0 (/ /1,1 4444 (/'( V C4'.,e 1-1 ru. hj;;ild ON I) I.A.LA_ Sec ,' Iowa No. 20. 19. 10.00 (L) TEN. (R) 10. Date—February 2, 1858. Imprint —Lith. of Ed Mendel, Chicago. R4 KEOKUK — KEOKUK, MT. PLEASANT & MUSCATINE RAILROAD The railroad was incorporated in 1854, and the City of Keokuk authorized $100,000 in bonds in 1856 to finance construction. 20. 1.00 (L) Indians on cliff watching deer, ONE below. (C) Eagle on shield. (R) Locomotive, 1 above. R6 21. 2.00 (L) Carpenter at work, 2 above. (R) Woodsman at fallen tree, 2 above. R6 22. 3.00 (L) Farmer with jug, 3 above. (R) Train at depot, 3, 3 below. Date—March 22, 1855, part ink. Imprint —Draper, Welsh & Co. Phila. R6 Cif Pet;,1 er /I WA,. //t .4;t7r, //i.;/ /Eel, t fh" e-/*/.04.444.44e .17/ / 4, 1/1//e/el447' , 6a;:', ,////m 4441-e-tilaj APaltof t‘tent7 14.4 pe",14; lfirter4 44 "tte eltu a7 //tit ,•;t€ 11144.6 .ter/ e iff ',Wirer /2/ 01/4!•/(7//-11/ 45 , „.) tie free; Paper Money Whole No. 114Page 282 200th ANNIVERSARY FOR TWO BANKS BY GENE HESSLER As the preparation of this issue of Paper Money reached completion it occurred to me that two anniversaries have been overlooked in 1984: the founding of The Bank of New York and The Bank of Massachusetts. With the limited time remaining, this will be, out of necessity, a brief acknowledgement of these two anniversaries. The Independent Chronicle of Boston, on 1 January 1784, stated that there was a plan for the organization of a bank. On 23 February of the same year, the New York Packet announced a similar plan for that city. A LTHOUGH incorporation did not come about until 21March 1791, The Bank of New York opened on 9 June1784. Before the charter was granted the capital stock was to be $500.000. Under the charter "the authorized capital became $1,000,000, of which $950.000 was shortly paid in, the state subscribing $50,000."' The force behind this under- taking was Alexander Hamilton, who, in the year of incorpora- tion, would establish the Bank of the United States. The Bank of New York continues to operate today as the second oldest bank in North America, after the Bank of North America.' In 1789 the Bank of New York was the first bank to loan money to the new Government of the United States. This loan was issued in nine installments, the first on 13 September and the last on 17 February of the following year. The total amount was $191,608.81, with an interest rate of 6%; the $8.81 was added for an interest overcharge.' '?( /rift Acee;i21 This unique example of the first of nine loans is in the Archives of The Bank of New York. (Courtesy of The Bank of New York) Paper Money Whole No. 114 Page 283 This note, subjected to fire, was in the collection of The Chase Manhat- tan Bank Money Museum. It is now part of the National Numismatic Collections, Smithsonian Institution. 11.v 1 r 1) 1 7 8 t An engraving of The Bank of Massachusetts. (Courtesy of The New York Public Library) One day prior to the appropriation of the first $20,000, the Secretary [of the Treasury Alexander Hamilton] had been authorized to spend the same amount in negotiating treaties with the Indians. So it is possible, though not certain, that those first borrowed dollars promoted peace between red man and white."' During this period discounts had to be considered, and the rules of The Bank of New York in 1784 stated that they "will be done on Thursday in every week, and bills and notes brought for discount must be left at the bank on Wednesday morning, under a sealed cover, directed to William Seton , Cashier. The rate of discount is at present fixed at six per cent per annum; but no discount will be made for longer than thirty days, nor will any note or bill be discounted to pay a former one."' The rules of The Bank of Massachusetts. the second bank to celebrate its 200th anniversary would "not be deviated from in the smallest instance nor on any pretense whatsoever."' Depending on security, it permitted discounts for thirty or sixty days. The doors of The Bank of Massachusetts were opened to the public on 5 July 1784, incorporation had taken place on 7 February. Thomas Willing, President of the Bank of North America and merchant William Phillips were the leaders who made this possible. The capital of The Bank of Massachusetts was $1,600,000. The first notes were engraved in Philadelphia and printed in Boston. The initial printing was $200,000, another $200,000 continued on page 285 Page 284 Paper Money Whole No. 114 IMPORTANT SPMC NOTICE ABOUT 1985 DUES PLEASE READ: — Dues statements for 1985 are enclosed with this November/December issue of the magazine. A separate mailing will NOT be used for first notices. Please : —Use the envelope which is enclosed in the magazine. — Put your membership number on your check. — Pay as promptly as possible. — $12 annual dues. — If you want to become a LIFE MEMBER, send check for $300 and indicate on form. — Membership cards for 1985 are enclosed with this November/December issue of the magazine. Please : — Fill in your own card (the dues notice has your membership number on the label). — Do not send card back with your dues payment. — Effective immediately — dues should be sent to: JAMES F. STONE SPMC TREASURER P.O. BOX 89 MILFORD, N.H. 03055 •LIBRARY " .14. NOTES• Paper Money Whole No. 114 Page 285 was approved on 18 October 1784. Samuel Osgood, member of the Continental Congress and James Bowdoin were respec- tively the first cashier and president. Seeking advice and information, shareholders wrote to Thomas Willing in Philadelphia. "When the bank [of North America] was first opened here," he replied, "the business was as much a novelty to us .. as it can possibly be to you. It was a pathless wilderness, ground but little known to this side of the Atlantick. No book then spoke of the interior arrangements or rules observed in Europe—accident alone threw in our way even the form of an English bank bill. All was to us a mystery."' On 23 June 1903, The Bank of Massachusetts acquired the First National Bank of Boston, charter 200; it operates today under this name. FOOTNOTES 1. Hammond, Bray. Banks and Politics in America from the Revolu- tion to the Civil War. Princeton, New Jersey: Princeton University Press, 1957, p. 78. 2. See Paper Money, July/August, No. 100, 1982, p. 151. 3. Hessler, Gene. An Illustrated History of U.S. Loans 1775-1898. Port Clinton, Ohio: BNR Press (publication late 1984). 4. "The Story of Warrant No. 1," The Bank of New York, n.d p. 3. 5. Hammond, p. 74. 6. Ibid. 7. Hammond, p. 66. Additional Sources Clain -Stefanelli, Elvira and Vladimir. American Banking, A Pictorial Essay. Washington, D.C.: Acropolis Books, Ltd., 1975. Newman, Eric P. The Early Paper Money of America. Racine, Wiscon- sin: Western Publishing Co., 1976. WENDELL WOLKA, P.O. Box 366, Hinsdale, IL 60521. LIBRARY CATALOG OF THE SOCIETY OF PAPER MONEY COLLECTORS This 1984 listing of the SPMC library holdings is the first since 1978. It is current as of July 30, 1984 and will be kept up to date by periodic library reports which will be published in future issues of PAPER MONEY. DONATIONS SOLICITED Member-users of this catalogue who have reference materials not contained herein are urged to donate them for the benefit of the Society and its members. All donations are tax deductible and receipts will be furnished on request. Consult the Librarian for further details. All review copies should be sent to the Editor of PAPER MONEY who will prepare synopses for publication in the magazine before placing such donations in the library. ABBREVIATIONS USED ANA — American Numismatic Association pp. — pages Illus. — Illustrated Vol. —Volume HOW TO BORROW BOOKS FROM THE LIBRARY Please request all books by number, author, and title, in the following manner : Dear Librarian : I wish to borrow UA30/P5, Papier Geld by Pick. My SPMC number is 0000. Cordially, John Collector 100 Main Street Anywhere, USA 99999 PLEASE PRINT your name, address, and zipcode. RULES Borrower pays postage and insurance both ways! Insurance must be purchased to the level where return receipts are available. A return receipt protects both the borrower and the Society in case of disputes over nonreceipt of an item. Send materials back via Insured mail, special fourth class book rate, return receipt requested. Package books carefully. Xerox service is available at 10C per page. The Librarian can not, however, undertake detailed research work requiring an extensive amount of time. Please enclose a stamped. self addressed envelope if a letter answer is requested. All book requests and other inquiries regarding the library should be addressed to: Wendell Wolka SPMC Library P.O. Box 366 Hinsdale, Illinois 60521 Page 286 Paper Money Whole No. 114 Numismatics and Coins - General : Dictionaries, Encyclope- dias, Bibliographies, Manuals AA50/G6 Gould's Gold and Silver Guide to Coins by Gould : 255 pp.. Illus., 1969. AA50/W5 United States Numismatic Dictionary by Weissbuch & Hewitt ; 40 pp., Illus., 1967. World Coins - Medieval and Modern: Catalogs CC20/K1 Standard Catalog of World Coins by Krause & Mishler : 864 pp., Illus. 1974. Central America : Panama FC65/G1 Coins & Currency of Panama by Grigore; 202 pp., Illus., 1972 . West Indies: Jamaica FD55/B9 The Coinage of Jamaica by Byrne at al, 106 pp., Illus., 1966 Bermuda FE75/W5 Experiences of a Bermudian Numismatist by Williams: 28 pp., Illus. United States : Catalogs GA30/ W5 Standard Guide to U.S. Coin and Paper Money Valuations by Wilhite & Mishler 194 pp., Illus., 1976 . United States: Guides to Collecting GA50/K5 A Simplified Guide to Collecting American Coins by Knight; 187 pp.. Illus., 1962 . United States : Special GA70/G5 Counterfeiting In America by Glaser ; 274 pp., Illus., 1968. United States : Patterns, Oddities, Mint Errors, etc. GA90/S6m Major Variety and Oddity Guide of United States Coins by Spadone , 128 pp., Illus Canada : Catalogs HA30/G8 The Guide Book of Canadian Coins, Paper Currency, and Tokens by James : 1961. 1967, 1968-69, 1970 editions. HA30/S7 Standard Catalogue of Canadian Coins, Tokens, and Paper Money by Charlton ; 1964. 1967, 1969, 1970. 1971, 1973 editions. HA30/Z10 Simplified Catalog of Canadian-Newfound- land Coins and Paper Money by Zoel; 40 pp., Illus., 1961. Great Britain, Ireland, Scotland: Since 1910 JB45/J6 Money in Great Britain and Ireland by C R Josset , 390 pp Illus 1971 . Great Britain, Ireland, Scotland: Ireland JB90/K4 The Fenian Brotherhood by Kemp; 10 pp., Illus., 1978. JB90/R4 The Coinage and Banknotes of Ireland by Rem- ick; 63 pp.. Illus., 1967. Great Britain, Ireland, Scotland : Commonwealth J1396 /G8a The Guidebook and Catalogue of British Commonwealth Coins 1649 - 1971 by Remick; 568 pp., Illus., 1971 . Modern Africa: South Africa LA30/S4 A History of Currency in South Africa by Shaw; 27 pp., Illus 1956 . United States Tokens : 19th-20th Centuries PA70/07 U.S. Coal Tokens by Orrahood , 44 pp., Illus.. 1967 . World - Paper Money: General Works UA30/A6 Collectors Guide & Catalogue of World Paper Money by Aiello ; 125 pp., Illus., 1983. UA30/D1 Fruhzeit Des Papiergelds by Deutsche Bundes- bank: 129 pp., Illus., 1970. UA30/L 1 Sedlar by Largergvist-Boos; 223 pp., Illus., 1971. UA30/P5 Papier Geld by Pick: 455 pp.. Illus.. 1967. UA30/P6 Catalogue of European Paper Money Since 1900 by Pick: 320 pp., Illus., 1972. UA30/P6-1 Papiergeld Katalog (German Language version of UA30/P6) by Pick: 294 pp.. Illus., 1970. UA30/P8 Briefmarkengeld by Pick: 66 pp., Illus., 1970. UA30/P10 Papiergeld Lexikon by Pick : 416 pp., Illus., 1978. World - Paper Money : Special Aspects UA40/A1 Numismatics in an Age of Paper and of Plas- tic by Allen; 20 pp , 1972 . UA40/A5 Numismatics of the Holocaust by AINA 120 pp Illus 1982-1983 UA40/S5 Encased Postage Stamps - U.S. and Foreign by Slabaugh 33 pp , Illus 1967 . World - Paper Money : Collecting UA5O/A5 Paper Money by Angus; 128 pp., Illus., 1974 . UA50/C5 Paper Money Restoration and Preservation by Curto 8 pp., 1971 . UA50/L8 The Foreign Paper Money Story and Encyclo- pedia by Lawrence 72 pp Illus UA50/M9 The Repair and Preservation of Records by Minogue 56 pp., Illus 1943 . UA50/N 1 Collecting Paper Money - A Beginner's Guide by Narbeth 134 pp.. Illus., 1973 . UA50/S8 Let's Collect Paper Money! by Shafer; 64 pp., This 1976 . World - Paper Money : 20th Century UA60/A1 Air Dropped Propaganda Currency by Auck- land: 48 pp., plus., 1972 . UA60/B6 Money and Banking in China and Southeast Asia During the Japanese Military Occu- pation 1937 - 1945 by Banyai, 150 pp.. Illus 1974 . UA60/S4 The Paper Money of the E.A. Wright Bank Note Company by Schwan: 26 pp Thus., 1978 . UA60/S12 Catalogo Della Carta Moneta D'Occupazione E Di Liberazione Dei Partigiani E Dei Campi Di Prizionia by Sollner , 185 pp .. Illus 1975 . UA60/T6w World War II Allied Currency by Toy; 3rd and 4th editions . Western Europe - Paper Money: General Works UB20/P5 Operation Bernhard by Pirie ; 271 pp. , Illus.. 1962. Western Europe - Paper Money: Great Britain UB30/M1 Bank of England and Treasury Notes by Miller, 49 pp.. Illus., 1970 . UB30/Q1 Banknotes & Banking in the Isle of Man 1788- 1970 by Quarmby . 124 pp Illus., 1970 . UB30/W1 Considerations on the Alarming Increase of Forgery on the Bank of England - 1818 by Williams: 190 pp. (modern photocopy) Paper Money Whole No. 114 Page 287 Western Europe - Paper Money : Italy U1350/M32 La Cartamoneta Nello Stato Pontificio by Marcon , 49 pp , Illus., 1965 . Western Europe - Paper Money : Scandinavia UB60/B5 Suomi - Finland by Borg 120 pp., Illus 1975. UB60/R1 Lilla Sedelboken 1972 by Ridstrom ; 32 pp., Illus., 1972. Germany - Paper Money : 20th Century UC60/D1 Deutsches Papiergeld 1772 - 1870 by Deutsche Bundesbank. 116 pp., Illus.. 1963. UC60/D2 Das Papiergeld im Deutschen Reich 1871 - 1948 by Deutsche Bundesbank ; 198 pp., II- lus . 1964 UC60/D3 Die Noten der Deutschen Bundesbank by Bundesbank : 132 pp.. Illus.. 1964. UC60/S10 Musical Notgeld of Germany and Austria by Shafer: 9 pp., Illus., 1981. UC60/P10 Deutsche Lander und Privatbanknoten by Pick 141 pp., Illus., 1975. Eastern Europe - Paper Money : Soviet Union UF30/J7 Type Register of Checks, Money Orders, Bons, Talons, and Coupons in the Soviet Union 1917 - 1924 by Johanson: 43 pp., Illus 1971. Mexico - Paper Money : 20th Century UJ60/B3 Money and Finance in Mexico During the Con- stitutionalist Revolution 1913 - 1917 by Banyai. 126 pp.. Illus 1976 UJ60/S3 Un Peso of the Bank of Mexico 1935 - 1970 by Shlieker ; 56 pp.. Illus., 1973. Latin America - Paper Money : Central America UK20/A5 The Coins and Paper Money of El Salvador by Almanzar et al.: 88 pp.. Illus., 1973. UK20/C4 Paper Money of Guatemala 1834 - 1946 by Clark ; 64 pp., Illus., 1971. Latin America - Paper Money : Brazil UK40/S5 The Paper Money of Brasil by Seppa ; 1971 and 1975 editions. Illus Latin America - Paper Money : Paraguay, Uruguay UK50/S4 Paper Money of Paraguay and Uruguay by Seppa; 34 pp., Illus., 1970. UK50/S6 Uruguayan Paper Money by Seppa • 60 pp.. Illus., 1974. UK50/S8 Paraguayan Paper Money by Seppa ; 50 pp.. Il- lus., 1973. Latin America - Paper Money : Bolivia UK60/S6 The Paper Money of Bolivia by Seppa et al 50 pp.. Illus.. 1972 . Eastern Europe UF50/S1 Eastern Europe UF60/B3 - Paper Money : Balkan States Paper Money of the Yugoslavian States by Spajic : 35 pp., Illus.. 1969. - Paper Money : Hungary, Austria The Legal and Monetary Aspects of the Hun- garian Hyper-Inflation by Banyai: 28 pp., Asia - Paper Money : South East UM60/D5 Catalog and Guide Book of South East Asian Coins and Currency Volume 1 - French Colonial by Daniel: 110 pp.. Illus.. 1975. UM60/L1 Banknotes of Thailand by Little: 24 pp., Illus., 1973 . UM60/P5 The Emergency Currency of Leyte by Peterson : 17 pp , Illus., 1947. Illus 1971 . UF60/J 1 Katalog Des Osterreichischen Notgeldes China /Japan - Paper Money : 20th Century 1916 - 1921 by Jaksch , 263 pp., Plus., 1971 . UN40/M8 History of Paper Currency as Issued by the UF60/K 1 Magyarorszag Papirpenzei by Mihaly , two vol- umes, 1964 . People's Republic of China from 1921 - 1965 by Mao; 295 pp.. Illus , 1972 . UF60/P3 Osterreich Banknoten und Staats-Papiergeld by Pick; 79 pp., Illus., 1972 . China/Japan - Paper Money : Japan, General Canada - Paper Money : General Works UN50/J1 Catalog of Japanese Paper Money (Japanese lan- guage), 58 pp., Illus. Ul30/B1 The Canadian Banker by the CBA ; Illus., 1968-69. UN50/J2 Catalog of Japanese Military and Occupation Notes UI30/C3 The Story of Canada's Currency by the Bank of (Japanese language). 62 pp., Illus. Canada : 24 pp.. Illus., 1955. UN50/J3 Catalog of Japanese Homeland Notes, 70 pp.. 0130/C6 Canadian Bank Note by the Canadian Bank Note Illus. Co., 11 pp., Illus. UN50/S5 Japanese Invasion Money by Slabaugh: 39 pp.. Illus., 1967. Canada - Paper Money : Special Aspects Ul40/C3 The Counterfeit Detector by the RCMP. 16 pp., Illus., 1966. UI40/P1 Terminology Dictionary and Grading Guide by CPMS: 16 pp., Illus., 1971. Mexico - Paper Money : General Works UJ30/G3b Billettes de Mexico by Gaytan; 150 pp Illus., 1965. UJ30/G3p The Paper Money of Mexico 1822 - 1964 by Utberg ; 168 pp., Illus., 1963. UJ30/H5 Notes on the Numismatic History of the Paper Money of the Bank of London, Mexico and South America by Herrera: 14 pp., Illus.. 1981. Africa - Paper Money : South Africa UP30/L 1 Catalogue of South African Paper Money Since 1900 by Levius; 72 pp plus., 1972 . United States - Paper Money : Catalogs US15/H5 The Comprehensive Catalog of U.S. Paper Money by Hessler: 456 pp.. Illus.. 1974 US15/N5 Index of U.S. Postal Notes in Collectors' Hands by Noll: 1975, 1980. US15/Q8 United States Paper Currency (Later editions include Confederate and Canadian Currency) by Werlich /Quaker Currency Co. ; 1969-70. US15/R3 The Standard Paper Money Catalogue by Ray- mond : 1940. 1946. 1950. 1953, 1954. 1955 editions. Page 288 Paper Money Whole No. 114 United States — Paper Money : General Works US20/A5 Selections from the Numismatist — United States Paper Money and Miscellaneous by ANA; 317 pp.. Illus., 1960. US20/B5 United States Paper Money by Blake; 55 pp., Illus., 1908. US20/C7 North American Currency by Criswell ; 1st, 2nd editions US20/F7 Paper Money of the United States by Friedburg ; 1st, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th, 9th editions. US20/H1 Official Guide to United States Currency by Hessler ; 183 pp.. Illus., 1971. US20/K4 The Official Guide to United States Paper Money by Kemm ; 1st, 3rd, 7th, 8th, 11th editions. US20/M8 Dictionary of Paper Money by Muscalus; 18 pp., Illus.. 1947, 1965. US20/M9 Bank Notes Commemorating the Landing of the Pilgrims at Plymouth by Muscalus; 7 pp., Illus., 1973. US20/R5 The Story of Paper Money by Reinfield 128 pp., Illus., 1960. United States — Paper Money : Engraving and Printing US25/A1 American Bank Note Company 1972 Annual Re- port —American Bank Note Company ; 16 pp., Illus., 1972. US25/C5 Security Printers by CCRT ; 1st and 2nd editions. US25/F5 Making Money at the Philadelphia Mint and the American Bank Note Company by Flanagan (Harpers Weekly reprint) ; 36 pp., Illus., 1975. US25/G5 The United States Treasury by Gurney; 216 pp., Illus.. 1978. US25/G7 The Story of the American Bank Note Com- pany by ABNCo. : 92 pp., Illus., 1959. US25/H5 U.S. Essay, Proof, & Specimen Notes by Hess- ler; 224 pp., Illus., 1979. US25/I6 International Bank Note Company. Inc. 1974 An- nual Meeting Report — International Bank Note Company; 17 pp.. 1974. US25/K 1 Remarks on the Manufacture of Bank Notes, and Other Promises to Pay (photocopy of 1864 paper) : 31 pp.. Illus. US25/R8 A Listing of Watermarks Found on Checks by Rathjen ; 32 pp., 1975. US25/T5 The History of Printing in America by Thomas ; 650 pp.. 1970. US25/U6 A Brief History of the Bureau of Engraving and Printing (U.S. Government publication) ; 7 pp.. 1961. US25/U7 Facts About United States Money by the Trea- sury Department : 16 pp.. 1960. United States — Paper Money : Counterfeiting US30/A1 Detection and Recognition of Fraudulent Se- curities by ABNCo.: 4 pp.. Illus US30/D5 Bank Note Reporters and Counterfeit Detec- tors 1826 - 1866 by Dillistin 175 pp.. Illus 1949 US30/D8 Dye's Government Counterfeit Detector (1884) by Dye ; 65 pp.. Illus., 1884 . US30/G5 The Descriptive Register of Genuine Bank Notes — 1862 by Gwynne & Day (Modern Re- print) , 168 pp., 1977 . United States — Paper Money : Colonial, Continental US40/N4n Nature Printing on Colonial and Continental Currency by Newman ; 34 pp., Illus., 1964. United States — Paper Money : Colonial by state, A-Z US45/M2H6 Financial History of Colonial Maryland by Hoober 14 pp., Illus , 1962 . US45/N3H6 Financial History of Colonial New Hampshire by Hoober 15 pp.. plus., 1964 . US45/N5 The Early Paper Money of America by Newman , 360 pp.. plus., 1967 . US45/V5H6 Financial History of Colonial Virginia by Hoober : 32 pp.. Illus.. 1953 . United States — Paper Money : Fractional Currency US50/C5 Fractional Currency by Chnstoph-Krause 40 pp.. Illus 1958 . US50/R6 A Guide Book of United States Fractional Currency by Rothert , 81 pp., Illus., 1963 . US50/V3 Fractional Currency of the United States by Valentine; 101 pp 1924 United States — Paper Money : Civil War Confederacy US60/A3 Confederate Bonds and Certificates by Affleck at al; 38 pp.. Illus.. 1960. US60/B1 Confederate Interim Depositary Receipts & Funding Certificates Issued by the Com- monwealth of Virginia 1861 - 1865 by Ball : 46 pp.. Illus., 1972. US60/B7 Confederate and Southern State Currency by Bradbeer : 277 pp., Illus., 1915 (1945 reprint). US60/B12 Virginia's 1861 - 1865 Treasury and Scrip Notes by Ball. US60/C5t Confederate Treasury Notes by Chase : 148 pp.. Illus., 1947. US60/C7 Confederate and Southern State Currency by Criswell; 1957-1976 editions. US60/D6 Catalogue of Confederate and Southern States Currency by Douglas at al: 31 pp.. 1965. US60/H3 Descriptive Catalogue of Confederate Notes and Bonds by Haseltine ; 36 pp., 1876 (mod- ern reprint). US60/M1 Recycled Southern Paper Money by Muscalus; 24 pp., Illus.. 1973. US60/S5 Confederate States Paper Money by Slabaugh. US60/T5 Register of the Confederate Debt by Thian 190 pp., 1972 reprint. United States — Paper Money : National Bank Notes US70/D5d A Descriptive History of National Bank Notes 1863 - 1935 by Dillistin ; 55 pp., Illus., 1956. US70/D5n National Bank Notes in the Early Years by Dil- listin ; 24 pp., 1948. US70/D6 United States Large Size Paper Money by Don- lon ; 1st, 2nd, 3rd, 4th, 5th, 6th editions. US70/H5 The Central States National Bank Notes by Counties by Hilliard : 124 pp., 1977. US70/K5 National Bank Notes — A Guide with Prices by Kelly ; 650 pp.. Illus., 1981. US70/L2 The Houston Heritage Collection of National Bank Notes 1863 Thru 1935 by Logan : Illus. US70/M1 National Bank Notes of Buffalo and Vicinity 1865 - 1929 by Muscalus; 26 pp., Illus., 1973. US70/S5 Specialized Catalog of Small Size National Bank Notes by Slabaugh : 48 pp.. Illus.. 1967. US70/V5 National Bank Notes of the Note Issuing Pe- riod 1863 - 1935 by VanBelkum; 400 pp.. Illus., 1968. Paper Money Whole No. 114 Page 289 United States - Paper Money : State Bank Notes and Scrip US75/G5 Wildcat Banks on the Mohican Frontier by Garber; 71 pp., Illus., 1975. US75/M4 Felix O.C. Darley - Bank Note Artist 1822- 1888 by Morris; 8 pp., Illus. US75/M8b Transportation Currency : Bank Notes and Scrip Representative of Forty Five Varie- ties of Transportation Companies, 1777 - 1900s by Muscalus: 19 pp., Illus.. 1974. US75/M8a Paper Money of the Four Dollar Denomination by Muscalus; 19 pp.. Illus. US75/M8d County Scrip Issued in the United States by Muscalus: 21 pp., 1948. US75/M8g Historic Jamestown and Pocahontas on Paper Money and Chapman Art by Muscalus; 11 pp., Illus.. 1971. US75/M8j Lincoln Portraits on State Bank Notes, Col- lege Currency, and Scrip by Muscalus: 11 pp.. Illus., 1967. US75/M8k Kinds of Scrip Issued by School Districts in Financial Emergencies by Muscalus : 11 pp., Illus.. 1971. US75/M8L Landseer's "My Horse", "Spaniel", and Other Paintings on Paper Money by Muscalus: 17 pp., Illus., 1967. US75/M8n Jackson Portraits and the Battle of New Or- leans on State Bank Notes by Muscalus; 11 pp., Illus., 1974. US75/M8o Saint Catherine on Paper Money of the State of Florida and Others by Muscalus: 7 pp.. Plus.. 1968. US75/M8r Renault's Painting of the Surrender of Corn- wallis at Yorktown on State Bank Notes by Muscalus: 7 pp., Illus., 1966. US75/M8s State Bank Notes by Muscalus : 144 pp., 1942. US75/M8u The Beautiful View of the Rockville Bridge Across the Susquehanna Above Harris- burg on State Bank Notes by Muscalus; 7 pp., Illus., 1967. US75/M8v State-Owned Banks, the Pet Banks, and Their Bank Notes by Muscalus; 12 pp., 1940. US75/M8w Oglethorpe at Christie's Sale of Dr. Johnson's Library on Paper Money by Muscalus ; 8 pp.. Plus.. 1965. US75/M8x General George B. McClellan on Paper Money by Muscalus: 7 pp.. Illus., 1972. US75/M8y Illustrations of County Scrip Issued in Mis- sissippi, North Carolina, Tennessee, and Pennsylvania by Muscalus: 23 pp.. Illus.. 1967. US75/M8z Portraits of Elias Boudinot on Paper Money by Muscalus; 11 pp.. Illus., 1969. US75/M20 Mormon Money by McGarry ; 48 pp., Illus., 1962. US75/R4 Christmas Currency by Ruehlen: 14 pp.. Illus., 1962. US75/S65 Master List of Uncut Sheets of Obsolete Bills and Old Bank Checks by Sprinkle : 61 pp., Illus., 1964. US75/W1 The Obsolete Bank Notes of New England by Wismer (1972 reprint); 311 pp.. Illus., 1972. United States - Paper Money : By State A-Z US80/C8H8 A History of Money and Banking in Connecti- cut by Hasse; 165 pp.. Illus.. 1957 . US80/F5C5 The Illustrated History of Florida Paper Money by Cassidy : 248 pp.. Illus., 1980 . US80/F5P4 Pensacola's Currency Issuing Banks and their Bank Notes 1833 - 1935 by Pfeiffer; 97 pp.. Illus., 1975. US80/G5 Hawaiian Coins, Tokens, and Paper Money by Gould : 45 pp.. Illus 1960. US80/K5 Depression Scrip of the United States by Kap- pen/Mitchell : 140 pp.. Illus.. 1961. US80/M5 Hawaiian Money and Medals by Medcalf/Fong; 53 pp.. Illus.. 1967. US80/N6P4 Obsolete Bank Notes of North Carolina by Pennell: 87 pp.. Illus., 1965. US80/R10 Photocopies of Territorial Nevada 1861 - 1864 Stock Certificates by Reynolds; 68 pp., Illus., 1981. US80/S6S5 South Carolina Obsolete Notes by Sheheen : 80 pp.. Illus., 1960 US80/V4H3 Historical Account of Vermont Paper Curren- cy and Banks by Harper ; 48 pp. US80/V5A4 The Obsolete Paper Money of Virginia by Af- fleck ; two volumes, Illus. United States - Paper Money : 20th Century (small size) US90/D6 Donlon's Catalog of United States Small Size Paper Money by Donlon 1964 through 1977 editions. US90/D10 Price Guide for the Collector Paper Money Errors by DeLorey/Reed; 3rd and 4th edi- tions. US90/G6 Standard Handbook of Modern U.S. Paper Money by Goodman et al; 1st. 2nd, and 3rd editions. US90/06 Standard Handbook of Modern United States Paper Money by O'Donnell : 1974 and 1975 editions. US90/S5 A Guide Book of Modern United States Cur- rency by Shafer; 1st through 7th editions. United States - Banks and Banking : General VA30/C5 Two Centuries of American Banking by Clain- Stefanelli : 144 pp.. Plus.. 1975. VA30/F4a The Federal Reserve System by the Federal Re- serve System : 297 pp.. Illus., 1963. VA30/F4b The Federal Reserve Act as Amended Through October 1, 1961 (government publication): 386 pp., 1961. VA30/F4c Foreign Central Banking: The Instruments of Monetary Policy by Fousek : 116 pp.. 1957. VA30/N4 Modern Money Mechanics by Nichols; 31 pp.. Illus., 1971. United States - Banks and Banking: 19th Century VA50/M4 Wildcat Banking Practices and the Develop- ment of State Bank Supervision by Mc- Shane, 114 pp., Illus.. 1970 . United States - Banks and Banking : East VA60/B5 Thomas H. Benton - Bank of the United States by Benton. 73 pp.. Illus 1954 . VA60/M1 Maryland Bank Register by Meeks 123 pp., 1966 . VA60/P5 Report of the Commissioner of Banking - 1917 (state publication), 760 pp., 1917 . United States - Banks and Banking : Midwest VA70/E8 Banking in Frontier Iowa 1836 1865 by Erick- son : 183 pp.. Plus VA70/F8 Bank History - First National Bank of Belle- vue, Ohio (bank publication): 16 pp.. Illus., 1975. VA70/K5 History of Commercial Banking in Wisconsin by Krueger : 232 pp.. Illus.. 1933. VA70/W8 History of Nebraska Banking and Paper Money by Walton ; 675 pp., Illus., 1978. Page 290 Paper Money Whole No. 114 United States — Banks and Banking : West VA80/H2 Partners in Progress 1864 - 1950 by Hunter ; 76 pp.. Illus.. 1950. VA80/W2 400 California Street by Wilson ; 87 pp., Illus., 1964. World — Banks and Banking VD30/B3 The Bankers Almanac and Year Book 1971 - 1972; 1,982 pp.. Illus., 1972 . VD30/G5 The Man From Lisbon by Gifford , 435 pp., 1977 . World — Economics : General WA30/W1 Political Economy by Walker 537 pp 1888. United States — Economics : General WB30/B1 Silver : End of an Era by Burke/Levy; 30 pp., Illus., 1969. WB30/B5 Credit in Early America by Bargman: 95 pp., 1975. WB30/B10 You ... and Credit Union History by Brann • 65 pp.. Illus., 1970. WB30/F1 The Credit Union Movement — Origins and Development 1850 - 1970 by Fite/Moody; 369 pp.. 1971 WB30/G1 The Silver Crisis by Graham: 139 pp., Illus., 1964. WB30/H1 The Dollar in Crisis by Harris ; 309 pp., 1961. WB30/R1 A Nation Without Coins by Robinson/Young; 139 pp.. Illus., 1965 WB30/T 1 Gold and the Dollar Crisis by Triffin ; 181 pp., Illus.. 1960. WB30/T2 Gold Coins for Financial Survival by Turner; 240 pp., Illus.. 1971. WB30/U1 History of the Committee on Finance (govern- ment publication) ; 123 pp., Illus., 1970. WB30/W1 Bank Credit and Agriculture by Wright ; 340 pp., Illus., 1972. Europe — Economics : Germany WC50/E1 The Economics of Success by Erhard; 412 pp., 1963. Europe — Economics : Great Britain WC70/S5 The Economics of Sir James Steuart by Sen , 207 pp., 1957 . Background Material X-1 Folder — miscellaneous paper money clip- pings. XX-1 The Big Bonanza by DeQuille ; 439 pp., Illus., 1969. XX-2 Where the Money Was by Sutton ; 339 pp., 1976. XX-3 C.B. Cottrell & Sons Printing Press Brochure ; 11 pp., Illus., ca. 1920. XX-4 A Guide Book of Philatelic-Numismatic Covers by Walker ; 75 pp.. Illus., 1970. XX-5 Papermaking — The History and Technique of an Ancient Craft by Dard/Hunter; 648 pp.. Illus.. 1974. Auction Catalogs/Dealer Price Lists Altman Haffner Sale — Auction Catalog (Colonial & Continental Currency). Blue Ridge Auction Sale, 1965 (Colonial & Con- tinental Currency). Otto C. Budde Auction, 1969 (Colonial & Conti- nental Currency). Coins & Currency, Inc. 11-19-1971 Sale. Commercial Coin Company August, 1977 Price List. Criswell's Price List 70 A. Culkin Stamp Co. Auction 10-1-1966. Currency Unlimited Fixed Price Lists 1-75, 9-75, 3-76, 6-76. Donlon Mail Bid Catalogs —sales 1 through 11. Elgee Coins Price Lists 5(1967), 6(1969). G.E.N.A. 1974 Sale Auction (Colonial & Continen- tal Currency). The Celebrated Albert A. Grinnell Collection of United States Currency — Sale Catalog reprint. Charles Hamilton Auctions— 6-14-1967 Sale #20. Harmer. Rooke Numismatists 5-28. 29-1974 Auc- tion (Colonial Currency). Also 11-17 to 22 — 1969 Auction. Hickman and Oakes Price Lists — nos. 39, 40, 41, 43, 44. 45, 46, 47, 48, 49, 50, 51. Hickman and Oakes Auctions (National Bank Notes, U.S. Paper Money) — nos. 1 through 8. Curtis Iversen—Price List #35; 4-1-79 (National Bank Notes). Kagin's Auctions— 11-2/3-73: 4-18/19-75: 7-11/ 12-75: 1977 ANA Auction : 1979 Fixed Price List. G.F. Kolbe (Numismatic Books) 6-9/10-1979 Auc- tion. Lyn F. Knight (U.S. Paper Money) — lot of various Price Lists. Mayflower Coin Auctions-6-22-1974 Auction. Leo Meloche Auction 1971 (Canadian Paper Money). Lester Merkin Auctions-2-12/13-1971; 2-12-72: 10-6/7-73: 9-11-74; 8-20/21-76 Auctions. Mexican Currency Auction 1968-Shilieker. NASCA (Obsolete Paper Money, Confederate. U.S.. Foreign) — 1-21/22-77. 5-27/28-77 Auctions. New Netherlands Coin Co., Inc. — 12-3/4-75. 10- 12-71 Auctions. Numismatic Gallery 10-20-51 Auction #72. Dean Oakes Currency —Fixed Price Lists nos. 1. 2, 4, 5, 6. Ossie's Coin Shop —Fixed Price Lists group of ten. The Promised Land's Coin Auction Sale — Pine Tree Rare Coin Auction Sales (Colonial Currency). Rarcoa Auctions — 1-18-69: 2-24/27-72: 5-4/6- 73 ; 4-24/27-75; 5-13/15-77 (Obsolete Notes- Florida) Auctions. Matt Rothert Collection Auction. Stack's 3-24/25-72 Auction. James M. Wade Collection Auction Catalog — 1956. The Winthrop Collection Auction Catalog. Magazines and Periodicals • indicates incomplete holdings 99 News Vol. 1. 1967 ANA Club Bulletin vol. 18, no. 2 -• AZ Erem nos. 43-48*, 1968-1969 Bank Note Reporter vol. 1, no. 1 -* Canadian Numismatic Journal vol. 10, no. 5; vol. 12. nos. 1-2 Canadian Paper Money Journal vol. 1, no. 1 -* Check List vol. 1, no. 1 -* Coin Collectors Journal January, February 1953 Coin and Medal News vol. 1, no. 1 - COINage 1964 - 1972* Essay Proof Journal vol. 14, no. 1 -• Federal Brand Eagle vol. 1. no. 2 International Bank Note Society Journal vol. 11. no. 4 - • LANSA vol. 1, no. 1 -' Notgeld Newsletter vol. 1, 1973 The Numismatist 1961 - Paper Money vol. 1, no. 1 - Virginia Numismatist 1965 - • Whitman Numismatic Journal vol. 3, no. 1 - • World Coins vol. 6, no. 70 (October. 1969) 7/7///7 • ljf,/,/, ...1,1,11 , 1iva 1,, 74/4. 1 1,.*• , (Inelltandrednolbrs Paper Money Whole No. 114 Page 291 $100 INDIANA NOTE FEATURED FOR 1984 CARD: The Bank of the. State of Indiana wasorganized in 18 ,.openingtwoyears later in 1857. Theban'', was compreied of twenty branch*, located throughout the state. which provided itztlite and honest harikingservite, to the citizens of Indiana. The bank waa voluntarily liquidated in 18155, with must branchie, being eonverted to national banks. The portrait on the rights that of Hugh McCulloch, first President of the Rank of the Stated indiana, who later bE,51110 the first Comptroller of the Currency and site served at Secretary of the Treasury. Theportrait on the left thus of Janie. M, Ray. Cashier of the Bank of the State of Indiana. ,,, SOCIETY OF PAPER MONEY COLLECTORS INC. tgia"metrAml INTERNATMNAI, PAPER CIO E.1' ON vrvrioN MENIPIIIS, TENNESSEE—JUNE 15-17. 1984 THIS year's Society of Paper Money Collectors souvenir card, to be issued at the 1984 International Paper Money Show in Memphis, Tennessee on June 15-17, illustrates an obsolete bank note from the 1850s, which features three vignettes, including two portraits of officers of the Bank of the State of Indiana. The portrait on the right is that of Hugh McCulloch, first president of the Bank of the State of Indiana, who later became the first Comptroller of the Currency, and also served as Secretary of the Treasury. McCulloch's portrait appears on the $20 Third Charter National Bank Notes. 10,000 cards have been produced from the original plates by the world famous American Bank Note Com- pany. Cards will be available at the show, but will also be available by mail in either mint or first-day-of-issue postally cancelled versions. All mail orders are shipped to you via First Class mail in heavy cardboard mailers. TO ORDER MINT (UNCANCELLED) CARDS: Cost: $5.50 for one card by mail $4.50 for two or more cards by mail (Make check payable to SPMC) SEND ORDERS TO: J. Wilson — SPMC Mint Card P.O. Box 27185 Milwaukee, Wis. 53227 Page 292 Paper Money Whole No. 114 YOU CAN NOW BECOME A LIFE MEMBER OF THE SOCIETY OF PAPER MONEY COLLECTORS FOR 300 PLEASE USE RENEWAL FORM ENCLOSED WITH THIS ISSUE OR SEND LETTER OF INTENT WITH YOUR CHECK FOR $300 TO: JAMES F. STONE SPMC TREASURER P.O. Box 89 MILFORD, N.H. 03055 DO IT NOW AND AVOID THE HASSLE OF SENDING DUES IN YEARLY! Paper Money Whole No. 114 Page 293 ANA Paper Money Exhibit Winners The Sidney W. Smith Memorial award for the best U.S. paper money exhibit : Nancy Wilson, "Second Issue U.S. Fractional Currency." The second award in this category : John Wilson, "Series of 1899 Silver Certificates." The third award went to : Dr. Glenn E. Jackson, "U.S. Currency Series of 1896." The D.C. Wismer Memorial award for the best obsolete U.S. paper money exhibit : Charles A. Fenwick, "Selected Three Dollar Michigan State Obsolete Bank Notes." The second award in this category : Gene Hynds, "Tiffany Commission Scrip." The third award went to : Dr. Wallace Lee, "Michigan Ob- solete Bank Notes." The Stuart Mosher Memorial award for best foreign paper money exhibit : Gene Hessler, "Seven (banknotes) by Six (en- gravers)." The second award in this category : Carlton Fred Schwan, "Masterpieces of Edmund Dulac." The third award went to : Frank Passic, "Currency of the Seaport of Klaipeda (Memel)." The Kurt Krueger award for the best junior paper money ex- hibit: David Boling, "More Notes with Interesting Stories." The Howland Wood Memorial award for the best of show went to Nancy Wilson for her award previously mentioned. (See cover photo.) The Charles E. Wolfe award for the junior best of show went to David Boling for his exhibit. Gene Hessler and Nancy Wilson with their first place awards. ARKANSAS OBSOLETE NOTES AND SCRIP This book by Matt Rothert, Sr., N.L.G., of Camden, Arkansas is scheduled to be printed in June 1985. The history of Arkansas banking, banks and scrip issuers from the time Arkansas became a state in 1836 to 1900 will be cov- ered. Many unusual historical facts are included. The book will list all Arkansas cities and towns that issued notes and scrip during this period. The author has been collecting material on these subjects for over thirty five years. The book will contain over 400 illustrations, many will show Arkansas scenes before 1900 and there will, of course, be illustrations of the actual notes and scrip. Additional in- formation will be released as the date of publication approaches. (Matt Rothert, Sr., 656 Graham St., Camden, AR, 71701, 501-836-3543) BEP ANNOUNCES FY '85 EXHIBIT SCHEDULE; SPIDER PRESS TO BE FEATURED AT 3 SHOWS The Bureau of Engraving and Printing announced its 1985 nu- mismatic and philatelic exhibit schedule, which Bureau Director Robert J. Leuver said "is well balanced and ensures maximum ex- posure for the Bureau." "After carefully reviewing the numerous invitations we had re- ceived, we selected these eight shows on the basis of geographic dispersal, the number of people expected to attend, and the abili- ty of the show to finance Bureau expenditures," Mr. Leuver ex- plained. "It was a difficult selection process because we were hon- ored with invitations to so many high-caliber events." In addition to sending technical representatives to each show, the Bureau will issue a souvenir card commemorating each one The schedule is as follows: • American Stamp Dealers' Association (ASDA), New York, New York, November 15 through 18, 1984. • Long Beach Numismatic and Philatelic Exposition, Long Beach, California, January 30 through February 3, 1985. • Milwaukee Philatelic Society (MILCOPEX '85), Milwaukee, Wisconsin, March 1 through 3, 1985. • International Coin Club of El Paso, Texas, April 18 through 21, 1985. • Pacific Northwest Numismatic Association (PAC NW), Seat- tle, Washington, May 17 through 19, 1985. • National Philatelic Exhibition of Washington, D.C. (NAPEX '85), Arlington, Virginia, June 7 through 9, 1985. • International Paper Money Show (IPMS), Memphis, Ten- nessee, June 14 through 16, 1985. • American Numismatic Association (ANA), Baltimore, Mary- land, August 20 through 25, 1985. Mr. Leuver also announced that the Spider Press, a 19th cen- tury hand press, will be demonstrated and a limited-edition plate proof sold at three shows: ASDA, International Coin Club of El Paso, and ANA. The Bureau's exhibit traditionally includes historic stamps and currency that are rarely seen by the public. A popular feature is the "Billion Dollar Display" made up of historic gold and silver certificates, fractional currency, United States Notes, and other rare items. The Bureau already has made commitments to participate in two shows during Fiscal Year 1986, according to Mr. Leuver. These are the International Paper Money Show at Cherry Hill, New Jersey, in November 1985 and AMERIPEX '86, an Interna- tional Philately Exposition in Chicago, Illinois, May 22 through June 1, 1986. Page 294 Paper Money Whole No. 114 BUREAU OF ENGRAVING AND PRINTING production managers present Director Robert J. Leuver with plaque featuring record five- billionth note. Left to right are Kit Regone, currency processing; Mr. Leuver; Joseph DeBose, assistant director (operations); Robert Heygster, plate printing; and Thomas Ferguson, production schedul- ing. BUREAU OF ENGRAVING AND PRINTING PRODUCES RECORD 5 BILLIONTH CURRENCY NOTE The Bureau of Engraving and Printing has produced its five billionth currency note of the 1984 production year—the first time in history that the five billion mark was reached during a one-year period. "This milestone is evidence of the increasingly high produc- tivity we've been achieving over the last few years," Bureau Director Robert J. Leuver said. He noted that currency produc- tion had doubled in the last seven years. Mr. Leuver was presented with a plaque featuring the historic $1 note by Bureau production managers. The Bureau actually will produce a record 5.9 billion currency notes this fiscal year. "This is astonishing when you consider that the combined production of the 16 countries in Europe is slight- ly more than 6 billion notes," Mr. Leuver stated. He added that if an individual had 5.9 billion $1 notes and spent $1 every sec- ond, it would take about 190 years to spend it all! "And, if each note to be printed in 1984 were laid end to end, they'd stretch around the equator 221/2 times." Mr. Leuver noted that the Federal Reserve Board has ordered 26 percent more notes this year than in Fiscal Year '83. He attributed this increase primarily to the need to produce notes that are readily accepted by automatic teller machines and money-changing devices. "More than 95 percent of new notes are used to replace older currency," he explained. With 12 presses operating 24 hours a day, the Bureau prints 8 thousand notes per hour for a total of $165 million worth of currency per day. It is the world's largest securities printer, pro- ducing about 700 different security products and delivering about 45 billion security documents to customers each year. Be- gun in 1862 with six employees, the Bureau has grown to a large, modern industrial establishment with some of the most advanced securities production equipment in the world. It is unique in that rather than receiving appropriated funds from Congress, it recovers its costs from its customers. Fiscal Year 1985 sales by the Bureau will be an estimated $226 million. The Bureau has been producing U.S. currency continuously since 1877, adding U.S. postage stamps in 1894. It is also re- sponsible for advising and assisting federal agencies in design and production of other government documents which require counterfeit deterrence characteristics. The Bureau operates a public tour and Visitors' Center in Washington, D.C., where souvenir items may be purchased. The most popular sales items are uncut sheets of $1 notes, in 4 - , 16-, and 32-subject sheets, and $2 notes, in 4- and 16-subject sheets, available at the Visitors' Center and by mail. Paper Money Whole No. 114 Page 295 SPMC ELECTION Following the Board meeting, the ballots were counted, with these members elected to 3-year terms on the Board of Gover- nors: William H. Horton, Jr., of Franklin, New Jersey Peter Huntoon, of Laramie. Wyoming Charles V. Kemp. Jr., of Troy. Michigan Donald Mark, of Adel. Iowa Steven Whitfield, of Omaha, Nebraska We welcome the two new Board members, and look forward to working with the Board in 1985. I wish to thank Mart Delger for his service on the Board: he did not seek re-election. Interest Bearing Notes 'Adams It doesn't seem like a year has passed since I became SPMC President and began writing this column. It's been a busy year, and it has really flown by. ANA BOARD MEETING — DEVELOPMENTS AND CONVENTION PLANNING The SPMC Board meeting was held at the Detroit ANA Con- vention. Various programs, including the souvenir card and the book project are progressing, with the Pennsylvania book proof- read and final corrections being made at the typesetter. Membership figures are up for 1984, with over 2.100 copies of the recent issues mailed out to members. New memberships have been coming in at a steady pace, and Roger Durand, our Vice-President, has been continuing with recruitment efforts. Our Treasurer, Jim Stone sent out reminder letters, and we now have many of our former members back with us, including many who had not renewed for 1984. We were pleased to receive, at the ANA, a $2400 check from the Memphis Coin Club, from proceeds of their 1984 auction. This amount will be deposited in the SPMC Book Fund. We acknowledge this gift with gratitude. It will help us with our publication program. At that meeting, Mike Crabb, who has served as chairman of the Memphis show, was made an honorary member of the Society by the Board. Thanks to him and many others, the Memphis shows have been a success. At the Board meeting. the concept was discussed to establish an SPMC-sponsored paper money show to be held in the East- ern U.S. in the fall of 1985. After some discussion, we ap- proved this, and the 1985 show will be held November 14-17, 1985 at the Hyatt-Cherry Hill Complex at Cherry Hill. New Jersey (just across the river from Philadelphia). This show, which we hope will be an annual event, should prove to be popular. We are pleased to report that SPMC Governor Bill Horton has accepted the Chairmanship of this event, and he is already moving forward by putting together his committee members. The show will include a bourse, auction, educational programs, and other special events. This convention is not ex- pected to replace the Memphis show, but would supplement it, as a place where collectors of paper money and related items could gather. Elsewhere in this issue you will find further details about this show. You are advised to watch issues of PAPER MONEY and the numismatic press for further developments on this event. If you want to serve on a committee or help with this show, contact William Horton, Jr., P.O. Box 293, Franklin. New Jersey 07416. We invite your participation in this impor- tant numismatic event. Mark your calendar! The event is called the International Paper Money Convention, and is sponsored by the Society of Paper Money Collectors. Other groups have been invited to hold meetings there. EDITOR'S REPORT Editor Gene Hessler reports that the transition of editors has been smooth, and everything is progressing on schedule with the magazine. He does need more articles, as the backlog is not too great. So, we do need your help here to write material for the magazine. If you've been thinking about an article, now is the best time to start. You will have the satisfaction of having your work published in our quality magazine. PAPER MONEY, and also have the opportunity to be eligible for our annual Literary Awards. Contact Gene Hessler at Box 416. Oradell. New Jersey, 07649. SPMC PATRON'S ASSOCIATION As mentioned in the September/October issue of PAPER MONEY, Tom Denly has agreed to serve as chairman of the Patron's Association. We had excellent response last year, and for many of us it was a convenient way to pay for dues, books, souvenir cards, banquet tickets and make a little contribution to the Society. The announcement was enclosed with the Septem- ber/October issue, so we hope you will take time to return it with your check. Support SPMC and the Patron's Association! SPMC AWARDS BANQUET We had a lighter attendance at our Awards Banquet in Detroit this year, but it was a good time for all—with a fine dinner, an informative speaker (Neil Shafer, who talked about Depression Scrip of the 1930s). the awards presentations and the Tom Bain Raffle. Wendell Wolka volunteered to call the winning numbers, and he added considerable humor! The event was again co- hosted by our sister organization, the International Bank Note Society. The recipients of the awards were: NATHAN GOLD MEMORIAL AWARD Presented by Krause Publications, Iola, Wisconsin. to a person who has made a concrete contribution to the ad- vancement of paper money collecting — Barbara Mueller for her long and outstanding service as Editor of Paper Money. Her efforts are responsible for making Paper Money the quality, professional publication it is. AWARD OF MERIT For SPMC members who, during the previous year, ren- dered significant service to SPMC, which brings credit to the Society — Walter Rosene Jr. for authoring Alabama Obsolete Notes and Scrip: Wendell Wolka, for excel- lent service as past President of the Society. Page 296 Paper Money Whole No. 114 Barbara Mueller accepting the well deserved Nathan Gold Award from SPMC President Larry Adams. Neil Shafer as he addressed members at the banquet. LITERARY AWARDS Awarded to SPMC members for articles published orig- inally in Paper Money during the preceding calendar year. FIRST : William S. Dewey for The Old Torrey Store in Manchester, New Jersey and its Currency," in Nos. 105-108. SECOND: Everett K. Cooper for "Confederate Paper Money in the Trans-Mississippi," in No. 108. THIRD: John Glynn for "Epitaph for the British One Pound Note," in No. 108. HONORABLE MENTION: Forrest W. Daniel for "Two Discount Coupons from Dakota Territory, : m No. 103. JULIAN BLANCHARD MEMORIAL AWARD Awarded to a member of SPMC for an exhibit at the an- nual ANA Convention of proof notes, tie in of stamps and paper money, and/or notes with matching vignettes, proofs and related materials. Notes may be of any kind and of any period and country. This prestigious award went to Dr. Glenn E. Jackson for "U.S. Currency Series of 1896." 1985 DUES NOTICE ENCLOSED You will find your 1985 dues renewal notice enclosed with this issue. Despite rising costs, we have not raised dues — still only $12 per year. Take a moment now and send this in—or check the box for Life Member and send $300. Your 1984 membership card (signed by the Secretary but not filled out) is also enclosed. Just take a moment and fill in the card your- self — a separate card will not be mailed. This system saves your Society money, as we don't have to make a separate mailing of membership cards. Send in your dues TODAY ... and be as- sured of receiving your issues of PAPER MONEY on a continu- ous basis. A real bargain at $12. Please watch this column for updated news on SPMC and our activities and news of interest to members. Until next time, Best Holiday Wishes! 1V 4k 1 ' 1 . 1 Jr kJ' IJ 75 7 o f (Oki-LP.) u:1117416._ ) ),trou,,Jouirul Paper Money Whole No. 114 Page 297 Blanchard Award winner Dr. Glenn E. Jackson with the unique paint- ing that served as the model for this unissued 1896 design. The first of four cases, all of which included proofs and progressive proofs of the 1896 series. (Photos courtesy of Beth Deisher, Coin World) Page 298 Paper Money Whole No. 114 Recruitment Report If the Society of Paper Money Collectors is to remain a leader in the field of syngraphics, a moderate growth rate must be maintained. For the welfare of the society, everyone must get involved in recruitment. If every member recruited just one new member and each new member recruited another new member we probably would have the most influential organi- zation in numismatics. There is no doubt that this pyramid system would enable the society to accomplish all its objec- tives. It is our duty to each other to help maintain our mem- bership. In keeping with this recruiting objective, the top recruiters will be recognized in our bi-monthly magazine. Also, at the Memphis meeting, an award will be presented to the top recruiter of the year. This award will be designated the Vice President's Plaque. The top individual recruiter and the top dealer recruiter will be honored with this award. and SPMC Governor Stephen Taylor to pursue a feasibility study to determine if such a second show could be put to- gether. SPMC officials emphasized that the show was not de- signed to "compete" with the Memphis event and would be held at a time and place which would allow both shows the chance to grow and prosper independently. Since final approval was given by SPMC's Board in Detroit at the ANA convention, plans have been drawn up to assure that the show will have the greatest possible appeal to dealers, the collecting public, and the general public. A bourse, auction, exhibits, and a wide range of educational and social activities are being planned. William Horton, Jr., P.O. Box 293, Franklin, New Jersey 07416, has been named General Chairman of the 1985 Interna- tional Paper Money Convention and may be contacted for further information on the show. For further information or clarifications, contact Wendell Wolka, P.O. Box 366, Hinsdale, Illinois 60521. Or phone 312-355-7800 ext. 235 (days) or 312-969-1783 (evenings). Last 2 month period Larry Adams 9 Collectors Wendell Wolka 4 John Wilson 4 2 Total Sept. - Dec. Larry Adams Robert Azpiazu John Wilson James Stone Wendell Wolka 23 9 7 5 4 Society of Paper Money Collectors, Inc. Condensed Statement of Operations Fiscal Year Ended June 30, 1984 Dealers none Richard Balbaton 6 New brochures containing applications have been printed with space for the sponsor's number as well as his signature to facilitate the assigning of proper credit for sponsoring the new member. A supply of these new brochures can be obtained by contacting your "New Member Recruitment Chairman", Roger H. Durand, P.O. Box 186, Rehoboth, Mass. 02769. Only those who have recruited four or more members are listed. REMEMBER, "RECRUIT NEW MEMBERS". Society of Paper Money Collectors Issues Preliminary 1985 Show Details The Society of Paper Money Collectors, Inc., has an- nounced the preliminary details concerning the International Paper Money Convention which it will sponsor in the fall of 1985. The convention will be held on November 14-17, 1985, at the Hyatt Cherry Hill complex in Cherry Hill, New Jersey, which is located directly across the Delaware River from Phila- delphia, Pennsylvania. This convention becomes the country's second major show dedicated to paper money and related collectibles. The Memphis Coin Club pioneered the concept with its Interna- tional Paper Money show which is held each June in Memphis, Tennessee. Ironically, the move to develop a second show which would complement the annual Memphis affair was begun at this year's Memphis convention. SPMC's Executive Board authorized former SPMC President Wendell Wolka Cash on hand as of 6/30/83 $46,200.75 Total income $43,957.73 Sub-total $90,158.48 Total expenses $71,984.77 Checkbook bal. as of 6/30/84 $18,173,71 DISTRIBUTION OF FUNDS Checking Account $ 2,115.16 Cash Reserve Account $16,058.55 Cash on hand as of 6/30/84 $18,173.71 Publication Account Cash on hand as of 6/30/83 $ 6,703.84 Contributions $ 1,015.00 Book Sales $ 2,998.00 Sub-total $10,716.84 Expenses $ 5,957.80 Cash on hand as of 6/30/84 $ 4,759.04 NOTE: Publication account balances are included in the Cash Reserve Account. COMPARISON REPORT 1981 1982 1983 1984 Income $51,076.82 $64,065.29 $57,885.41 $43,957.73 Expenses $47,376.08 $63,973.65 $61,591.61 $71,984.77 NET PROFIT/LOSS $ 3,700.74 $ 91.64 ($ 3,706.20) ($28,027.04) WHAT IS IT? He who has it doesn't tell it ; He who takes it doesn't know it ; He who knows it doesn't want it. (iouour pa)_T alanop ) Paper Money Whole No. 114 Page 299 ',65 Editor's Corner 8U 0 From a personal point of view, and I think many of you will agree, the acknowledgement of the anniversary of an event, birth or death of someone, in a manner that can be associated with paper money is a perfect vehicle for an article in Paper Money. Here are just a few anniversaries that could have been remembered, but which most of us overlooked. The year 1982 was the anniversary of: the birth of Alexander Hamilton, our first Secretary of the Treasury (225th); the first imprint of the Great Seal of the United States (200th); the fateful Jackson veto against the renewal of the charter of the Bank of the United States (150th); the first notes delivered with In God We Trust (25th). In 1983 we could have remembered the 150th anniversary of the burning of the U.S. Treasury Building. For those who want to plan ahead. articles to appear in 1986 could relate to the following anniversaries: the appointment of Salmon P. Chase as Lincoln's Secretary of the Treasury (125th); the beginning of the Civil War (125th): the independ- ence of Texas (150th), Everett K. Cooper has just submitted a manuscript on this subject; the founding of the American Federation of Labor (100th), there are hundreds of state and world bank notes with the images of working men and women; the law stating that all $1 notes will bear our national motto (25th). The year 1986 will also be the 25th anniversary of the found- ing of the Society of Paper Money Collectors, a big year for us and the International Bank Note Society, founded in the same year. Your editor is formulating ways to honor our society dur- ing 1986, and would welcome any special information that relates to the early years of the SPMC. I would like to add my personal congratulations to all the re- cipients of the paper money awards at the Detroit ANA Conven- tion. However, special kudos are extended to Nancy Wilson who captured the Best of Show award. We, as members of our specific collecting fraternity, share in the pride and recognition that comes with this award. This is the fourth time in the past ten years that a syngraphic exhibitor has been awarded this prestigious accolade. Collectors of coins continue to dominate the overall field of numismatics. Notwithstanding, an excellent exhibit, be it coins, currency, medals or tokens, judged com- petently, will be recognized. Bravo Nancy! 1864 Yes, 1984 Maybe Gene Hessler The $50 one and two year interest bearing treasury notes (F198, I-1945a & F203, H 945c & d) were authorized by the Act of 3 March 1863 and were issued respectively in the third and first fiscal quarter of 1864: a vignette of Loyalty appears on each. If the Loyalty vignette were considered for use on our paper money today there would probably be a roar of "unconstitu- tional" from those who believe In God We Trust should be deleted from our coins and currency. The majority of Americans accept the separation of church and state. However, during the 1984 Presidential campaign. this topic was distorted by some and ignored by others. The following is merely an observation of what this writer thinks could happen if the image of Loyalty were considered for use today. The first criticism would focus on the image of a Bible, and that it rests on the Constitution. There would be some who would say this implies that this most fundamental document is secondary and subject to the Bible. This is all nonsense, of course, but the argument would probably be presented. Loyalty, as seen here, is not wrapped in "phony" patriotism. It is a simple, symbolic, patriotic vignette that has much to say. Notwithstanding, one can't help but ponder the possibility of an uproar if this beautifully engraved vignette were considered for use in 1984. Official Bimonthly Publication The Society of Paper Money Collectors, Inc. Page 300 Paper Money Whole No. 114 SECRETARY'S EPORT GARY LEWIS, Secretary P.O. Box 4751 N. Ft. Myers, FL 33903 6800 John Szkolnik, 17596 Fairfield, Detriot, MI, 48221; C, World Paper Money. 6801 Everette Self, 1410 5th Street, Yuma, AZ 85364; C. 6802 Michael Findlay, P.O. Box 701. Adelaide St. P.O. Toronto, On- tario M5C2K1. 6803 Bob Hatfield, 8728 Huron, Taylor, MI 48180; C. 6804 Donald Garling, 3899 New Salem Ave., Okemus, MI 48864; C. 6805 Douglas Jennings; C. 6806 James Stiness, G-4265 S. Dort, Burton, MI 48529; D, Obsolete U.S. Paper. 6807 John Clemons, 948 Chapin St., Birmingham, MI 48009; C, Russian & Mich. Obsoletes. 6808 Alex Buratschek, 6098 Cecil, Detroit, MI 48210; C, Russia- USSR. 6809 John Maroney, 1227 Green Rd., New Haven, IN 46774; C. 6810 John Nammensma, 1762 Rendo, Kentwood, MI 49508; C, $2 Notes. 6811 Jerry Harp, 140 Durland, Milford, Ml; C. 6812 Carling Gresham, P.O. Box 580, Pomona Park, FL. 6813 Robert Darling, 11338 Bellwood, Plymouth, MI; C, Michigan. 6814 R.M. Lubbock, 315 Regent St., London W1R 7-1B England; D, World Paper Money. 6815 D.W. Gyles, 22 Papyrus Way, Sawiry Camos. Pe17 5TY England: D, World Paper Money. 6816 Thomas Reeves, Jr., 118 Dundee Drive, Canonsburg, PA 15317; C, World Wide. 6817 David Mylander, 1916 Sunrise Rd., Barstow, CA 92311; C&D, Fractional Currency & Obsolete Bank Notes. 6818 Normand Robillard, 93 Sleepyhollow Drive, Cumberland, RI 02864; C, Obsolete & Nationals. 6819 H.W. Frostick, P.O. Box 337, McBee, SC 29101; C. 6820 Philip Krakover, 14148 Magnolia Blvd Sherman Oaks, CA 91423: C. 6821 Max Mizel, 5762-B Phoenix Palm Ct., Delray Beach, FL 33445; C&D, U.S. Currency Errors, Obsoletes, Souvenir Cards & Old Bank Checks. 6822 John Zabel, 371 Lyndon Rd., Fairport, NY 14450; C, U.S. Fractionals, Eastern Europe, SE Asia. 6823 Doug Tolla, 412 Eden Rd., Stamford, CT; C, U.S. Currency. 6824 Roslyn Dinkin, 35-64 84th St., Jackson Heights, NY 11372; C. 6825 Erwin Brauer, 106 Sandra Ln. Normal. IL 61761: C&D, Col- onial Currency, Patented Items. 6826 Steven Mitnick, 35 Sparta Rd., Short Hills, NJ 07078; C, Bank checks of famous people. 6827 Richard Kirsch, 115 West Benton, Carrollton. MO 64633 C, U.S. Obsoletes. 6828 William Quain, P.O. Box 244, Chester Springs, PA 19425. 6829 Bill Allen, 24 Harper Terr., Cedar Grove, NJ 07009. 6830 Richard Lopez, 1152 Mississippi Ave., Dallas, TX 75207; D. 6831 Gerald Clark, 1410 Sandpiper Cir.. Salt Lake City, UT 84117; C, Mormon, Western. 6832 Lindon's, 2435 U.S. 19, Holiday, FL 33590; D. 6833 R.R. Burridge, 1628 Buckeye St., Fort Collins, CO 80524; C. 6834 Jerry McManis, 7106 Gunpowder Ct., Prospect, KY 40059: C, Kentucky obsolete & CSA. 6835 Jim Hogan, 4023 E. Grant Rd., Tucson, AZ 85712; C . 6836 Ernest Conrad, 429 Reagan, Sunbury, PA 17801; C, Paper money of all kind. 6837 John Cummins, 1115-41st Ave. NW, Puyallup, WA 98371; C, Paper money 1923 and later. 6838 N.J. Stachura, Sr., P.O. Box 31005, Chicago, IL 60631; C&D, Obsolete US currency. 6839 John Hubbard, Box 44, Aquebogue, NY 11931; C&D. Paper Money Whole No. 114 Page 301 moneymart Paper Money will accept classified advertising from members only on a basis of 5(t per word, with a minimum charge of $1.00. The primary purpose of the ads is to assist members in exchanging, buying, selling, or locating specialized material and disposing of duplicates. Copy must be non-commercial in nature. Copy must be legibly printed or typed, accompanied by prepayment made payable to the Society of Paper Money Collectors, and reach the Editor, Gene Hessler, P.O. Box 416, Oradell, NJ 07649 by the first of the month preceding the month of issue (i.e. Dec. 1, 1983 for Jan. 1984 issue). Word count: Name and address will count as five words. All other words and ab- breviations, figure combinations and initials count as separate. No check copies. 10°7o 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 W. Member, 000 Last St., New York, N.Y. 10015. (22 words: $1: SC: U.S.: FRN counted as one word each) ST. LOUIS NATIONALS wanted. Actively seeking notes for my collection. Appreciate Xerox of all large notes. Bob Coch- ran, 13001 Hollenberg Dr., Bridgeton, MO 63044 (114) HUNTSVILLE, ALABAMA WANTED: Nationals, checks, obsoletes. Bob Cochran, 13001 Hollenberg Dr., Bridgeton, MO 63044 (114) STUART, VIRGINIA WANTED: First National Bank, Charter 11901. Nationals, checks, Xerox of notes. Bob Cochran, 13001 Hollenberg Dr., Bridgeton, MO 63044 (114) NORTH CAROLINA WANTED: Mount Airy, Charter 4896. Nationals, checks, Xerox of notes. Bob Cochran, 13001 Hollenberg Dr., Bridgeton, MO 63044 (114) COCHRAN, GEORGIA WANTED: First National Bank, Charter 7567. Nationals, checks, Xerox of notes. Bob Cochran, 13001 Hollenberg Dr., Bridgeton, MO 63044 (114) MARYLAND FISCAL PAPER wanted. I collect BBN's, scrip, coin notes, checks, stocks, tokens, letters, etc. pre-1900. Please describe or send photocopy. Price or I will make offer. Would also like to exchange information with any other Mary- land collectors. Howard Cohen, Drawer CP160, Manhattan Beach, CA 90266 (115) WANTED: OLD CANCELED checks from the Hamilton and Cunningham Bank of Hoopeston, Ill. Write to Mike Fink, 504 E. McCracken, Hoopeston, IL 60942 (115) WANTED: COLUMBIA ILLINOIS Nationals. Also Water- loo, Illinois. Please price and describe. Paul L. Haudrich, 14860 Carrollton Dr., Bridgeton, MO 63044 (115) MINNESOTA NATIONALS WANTED from: Bertha #7373, Cold Spring #8051, Forest Lake #11652, Grand Meadow #6933, Kerkhoven #11365, Lake Crystal #11401, Lake Wilson #11293, Le Sueur #7199, Le Sueur Center #6921, Madison #6795, Minnesota Lake #6532, Osakis #6837, Richfield #12115, Rochester #2316, Roseau #11848, St. Charles #6327, Sauk Centre #3155, Thief River Falls #5894, Verdale #6022, Windom #6396. Please send description and price. I will ap- preciate your help. Gary Kruesel, Box 7061, Rochester, MN 55903 (115) WANTED: NATIONALS FROM Hoopeston, Ill. charter 2808, 9425, 13744; Milford, Ill. charter 5149, Boswell, Ind. charter 5476; Freeland Park, Ind. charter 7437; and Ambia, Ind. charter 9510. Write to Mike Fink, 504 E. McCracken, Hoopeston, IL 60942 (115) RHODE ISLAND NATIONALS-buying all small and Woonsocket and Cumberland large. Selling large and small sizes, over 100 notes. RINATS, P.O. Box 33, Ashton, RI 02864-0033 (115) WANTED: GERMAN NOTGELD, collections, accumula- tions, dealers' stocks. No Austrian. Frank P. Fritchle, 1163 Pomegranate Ct., Sunnyvale, CA 94087 (117) WANTED: ILLINOIS NATIONALS and obsoletes-Carmi, Crossville, Enfield, Grayville, Norris City, Fairfield, Albion, Dahlgren, Omaha, New Haven. Pete Fulkerson, c/o The Na- tional Bank, 116 W. Main, Carmi, IL 62821 (115) MISSOURI CURRENCY WANTED: large size Nationals, obsolete notes and bank checks from St. Louis, Maplewood, Clayton, Manchester, Luxemburg, Carondelet and St. Charles. Ronald Horstman, Route 2, Box 242, Gerald, MO 63037 (118) WANTED: MACERATED MONEY: postcards and any other items made out of macerated money. Please send full details to my attention. Bertram M. Cohen, PMW, 169 Marl- borough St., Boston, MA 02116 (114) OLD STOCKS AND bonds. Send $2 for latest Mail Bid Cata log & Sales Catalog. Also buying! Paying highest prices for beautiful and very old material. Railroads, oil companies, tele- graph, industry, government, etc. Especially need Western material. Also need pre-1890 checks with pretty vignettes. Also will trade. Send SASE for free appraisal. David Beach, Box 5488, Bossier City, LA 71111 (318) 747-0929 (121) WANTED KOREA & SOUTH Korea banknotes. Example: all CU South Korea p30 1 won .75; p31 5 won 1.20; p32 10 won 6.00; p33 10 won .85; p34 50 won 25.00; p35 100 won 25.00; p36 100 won 15.00; p40 50 won 3.50. Namchong Cho, 726 Bode Circle #110, Hoffman Est., IL 60194 (121) COLORADO MATERIAL WANTED: Nationals, checks, stocks, bonds, postcards, etc. Please describe and price. Max Stucky, P.O. Box 7768, Colorado Springs, CO 80933 (114) I COLLECT CALIFORNIA, Nevada, Alaska, Hawaii and all other Western stocks, bonds, checks, drafts. Please sell to me! Ken Prag, Box 531 PM, Burlingame, CA 94010 (phone 415-566-6400) (119) WANTED: WORLD'S FAIR stocks, bonds, ephemera of any type. Rinnard Antonation, 525 121 PL. NE #6, Bellevue, WA 98005 (114) WANTED: VIRGINIA NATIONALS on the following towns: Big Stone Gap #11765, Wise #10611, Clintwood #8362, Powell Valley #9924, Norton #9746, Norton #6235. Send description and price. Don Green, Box 681, Wise, VA 24293 (116) MORMON-WANT ANY financial items issued by or related to Mormons, Salt Lake City. Also buying unusual photos, letters, documents, etc. Rinnard Antonation, 525 121 PL. NE #6, Bellevue, WA 98005 (114) Paper Money Whole No. 114Page 302 WANTED PENNSYLVANIA NATIONALS: Belle Vernon #4850, Fayette City #5646, Fayette City #6800, Elizabeth #5114, North Belle Vernon #11995, Fairchance #8245, Webster #6937, Dunbar #7576, Vanderbilt #8190. Charles Trenk, Box 241, Belle Vernon, PA 15012 (114) NATIONAL CURRENCY: Over 300 different duplicates to sell or trade. SASE brings list. J.S. Apelman, Box 283, Cov- ington, LA 70434 (116) EASTMAN COLLEGE CURRENCY wanted. Also obsoletes with vignettes: Declaration Signing, Washington's Crossing, Drummer Boy, Five Presidents, Cowboys. Also matrimony notes. Robert W. Ross III, P.O. Box 765, Wilmington, DE 19899 (116) INTRODUCTORY OFFER: 10% discount to SPMC mem- bers deducted from your first order during 1984. WW II Military currency my specialty. Request free price list of your choice today! WW II, MPC, jim, or Philippine Guerrilla. Ed- ward B. Hoffman, P.O. Box 10791-S, Reno, NV 89510-0791 (114) WANTED: FINANCIAL DOCUMENTS - checks, drafts, warrants, exchanges, certificates of deposit, stocks and bonds - especially pre 1900 Western States and Territorial items. Buy, sell or trade. Vern Potter, P.O. Box 10040, Torrence, CA 90505-0740 (115) DENTON, TEXAS NATIONALS WANTED, Large or small size. Also checks. Send xerox or describe with asking price. Frank Clark, Box 25248, Dallas, TX 75225 (115) FLORIDA AND GEORGIA NATIONAL WANTED, also the following towns: Schenectady, NY, Erie, PA, Newberry, SC and Mineral Wells, Texas. Trade list available. Shayne MacMahon, Box 13282, Gainesville, FL 32604 (117) DALLAS, TEXAS SMALL SIZE NATIONALS WANTED. Also checks. Send xerox or describe with asking price. Frank Clark, Box 25248, Dallas, TX 75225 (115) RHODE ISLAND -buying Broken Bank notes and Nation- als, please send description with photocopy if possible. A Ray- mond Auclair, 381 Blackstone St., Woonsocket, RI 02895 (115) ANTIQUE SPIDER PRINTING PRESS (as used by BEP at Memphis 84 for printing the $15 eagle. Made by M.M. Kelton 184 Baxter St. N.E., N.Y., $500. Dr. Wallace G. Lee, 255 N. Telegraph, Suite 210, Pontiac, MI 48053. WANTED: LAUREL, MISSISSIPPI Charter 6923. Please de- scribe and price. SPMC, LM ANA and MNA. Everett Sorrels, P.O. Box 2362, Laurel, MS 39442. (116) MASSACHUSETTS 1929 NATIONALS wanted from : Ab- ington #1386, Danvers #7452, Edgartown #7957, Haverhill #14266, Hyannis #13395, Lynn #697, Merrimac #268, Milton #684, Reading #4488, Spencer #2288, Springfield #2435, Stockbridge #1170, Webster #2312, Webster #13780, Whitman #4660, Woburn #14033. Please send description and price. I will appreciate your help. Frank Bennett, Box 8153, Coral Springs, FL 33075. (119) ILLINOIS NATIONALS WANTED: Allendale #10318, Ben- ton #8234, Chester #4187, Dahlgren #7750, Fairfield #5009 & #6609, Johnston City #7458, Mt. Vernon #1996, New Haven #8053, Norris City #7971, Olney #2629, Wayne City #10460, Winchester #1484. C.E. Hilliard, 201 E. Cherry, Winchester, IL 62694 (217) 742-5703. (118) WANT CERTAIN SOUTH CAROLINA DEPRESSION warrants dated 1932-1933. Give full details. Frank Sprinkle, 304 Barbee Blvd., Yaupon Beach, NC 28461 (114) TRADE: MY NATIONALS FROM ARK, CA, CT, IL, IN, IA, KS, KY, ME, MD, MI, MO, NEB, NJ, NY, OH, PA, RI, TX, VA, VT, W.VA, WI, for your New York nationals, large or small size. SASE receives individual (trade or sale) lists of your selected states. Limit (3) states. All inquiries answered. I buy too ! Mike Robelin, P.O. Box 138, Commack, NY 11725 (116) WANTED: NEW YORK NATIONALS, LARGE AND SMALL SIZE. Have over (35) states of nationals to trade (or sell). All inquiries will be answered. Mike Robelin, P.O. Box 138, Commack, NY 11725 (116) KANSAS NATIONALS WANTED, collector seeks both large and small size, scarce and better condition Kansas bank notes. C. Dale Lyon, P.O. Box 1207, Salina, KS 67402 (122) RED SEAL NATIONALS WANTED, Collector seeks Hi grade and scarce Third Charter Period Red Seal National Bank notes with emphasis on notes bearing serial #1, and notes from scarce states. C. Dale Lyon, P.O. Box 1207, Salina, KS 67402 (122) BUY-SELL-TRADE Uncirculated $1 FRN, 1963 to 1981A. One note to complete block sets. Rufus Coker, R#6 Box 218, Portland, TN 37148 (119) BEAUTIFUL OBSOLETE UNITED STATES Government Certificates, hundred years old, $1.50 on up. Frank Sprinkle, 304 Barbee Blvd., Yaupon Beach, NC 28461 (115) WEEPING WATER, NEBRASKA (#3523) Large nationals wanted. Notes signed by Thomas Murtey, Cashier. Send description and price to Mark Paden, 5600 Riviere Dr., Charlotte, NC 28211 (119) WANTED: OHIO NATIONAL BANK NOTES. Private col- lector, Lowell Yoder, Box 100, Holland, OH 43528, 419- 865-5115 (119) BUYING ALABAMA MATERIAL: NATIONALS, OBSO- LETES, checks, stocks, cards, North Alabama, Florence, Huntsville. Write Bob Whitten, 217 E. Irvine Ave., Florence, AL 35630 (119) FREE SAMPLE. POSTCARDS of original old Gold and Silver Mining Stock Certificates from Nevada Territory 1863-64. The Mining Stock Certificates are from the James S. Reynolds col- lection of Nevada Historical Documents. Set of 24 different postcards $3.60 postpaid. Copyright 1984. Dealer inquiries in- vited. James S. Reynolds, Box 31293, Tucson, AZ 85751 (117) WANTED - $2 FRN End Labels from (A) Boston, (B) New York and (G) Chicago needed to complete a series set for my personal collection. Stephen R. Taylor, 70 West View Ave.. Dover, DE 19901 (117) NATIONAL CURRENCY SHEETS FOR SALE, including many #1 sheets. Almost all 48 states available with several from Grinnell. Please send want list. Stan Kesselman, 15 W. 81st St., New York, NY 10024 WRITE NOW FOR MY SUPER PRICE LIST of obsoletes, na- tionals, legal tenders, checks & much more! SASE brings list. M. Ray, P.O. Box 2409, Muscle Shoals, AL 35662 MISSISSIPPI OBSOLETE NOTES WANTED FOR MY COLLECTION. Criswell's numbers 12, 32, 37, 47, 48C and 54. Please describe and price. SPMC, LM, ANA and MNA. Everett Sorrells, P.O. Box 2362, Laurel, MS 39442 (117) BANK OF CHARLOTTE (North Carolina) obsolete currency wanted. Also want Charlotte Branch issues of Bank of the State of North Carolina and the Bank of North Carolina. Send photocopy, description and price to Mark Paden, 5600 Riviere Dr., Charlotte, NC 28211 (119) WANTED MORRISTOWN, TENN: ANYTHING from this town (Nationals, tokens, etc.) Send detailed list. M. Ray, P.O. Box 2409, Muscle Shoals, AL 35662. ddy Schedule or Standard paper catalog re Paper Money Changes Paper Money Whole No. 114 Page 303 Paper Money ColIectory Here, How To Sati5fy Your Greate5t Hobby Need Are you unhappy with the number of paper money articles in coin-related newspapers and magazines? If you are, chances are you're not getting all the paper money information you need. Good news. Your subscription to Bank Note Reporter will give you a monthly newspaper devoted exclusively to paper money, both U.S. and foreign. Bank Note Reporter will give you reports on auctions, new issues, upcoming shows, new publications, discoveries and new organizations. The historical features in Bank Note Reporter will take you back into history. You'll read about military currency, bonds, stock certificates, Confederate currency, world paper, state banknotes and U.S. large and small size notes. Plus you'll have plenty of photos, trustworthy advertising and a complete U.S. value guide. It can all be at your fingertips each month, when you subscribe to Bank Note Reporter. Be part of the excitement! Satisfy your need for paper money information with a subscription to Bank Note Reporter. Your Guarantee If for any reason you decide to cancel your subscription, simply drop us a note before you receive your second issue and we'll refund your entire payment. After the second issue we'll refund on all undelivered issues. Collectors saw it first, right here! Who broke the news about upcoming changes in U.S. currency? Bank Note Reporter! It's true. With the aggressive reporting of our full-time Washington Bureau, BNR was the first to present facts concerning the revamping of our notes. We scooped everyone, including other hobby publications, daily newspapers, and electronic media. When you join Bank Note Reporter you'll be part of a select group looking to every issue for fresh news. Make certain you have Bank Note Reporter for all the vital data affecting your hobby. Sign up now! Send your subscription request along with $11 for one year (12 issues) to: Bank Note Reporter, 700 E. State St., Iola, WI 54990. ...;taarlard Hand bo“ of Modern UnitedStat.. Paper Mo.,. Page 304 Paper Money Whole No. 114 Instant Access To Paper Money Information Featuring The Hobby's Premier Lineup Of Publications Standard Handbook of Modern United States Paper Money 7th Edition by Chuck O'Donnell $15 postpaid This is the most comprehensive catalog available for collectors of small-size currency. Noted author and specialist Chuck O'Donnell has done the leg work for us with his extensive research in the Treasury Department archives and the Bureau of Engraving and Printing. Presented are complete listings and market values for all small-size issues from 1928-1981. Important coverage for all issued serial numbers since the skip-numbering of certain issues began in the 1970's is also included. Plus a bonus . . . details for rare and valuable mules, trial and experimental issues — once the domain of a few select researchers — will be at your fingertips. Catalog has 336 pages. Important fact: Over 14,000 serial number blocks and groups are recorded in date-within-denomination sequence. Standard Catalog of World Paper Money 4th Edition Specialized Issues By Albert Pick $40 postpaid Companion Volume to 4th Edition General Issues This volume is unsurpassed in its coverage of State, Provincial, Territorial and Colonial issues. Over 15,000 notes are listed, described and valued with representation for over 250 years of world paper money. Data that was once locked away in obscure catalogs — or in some cases never made known — is available in this special catalog. Author Albert Pick, a resident of Munich, West Germany, is universally recognized as the world's foremost paper money authority. Assisting Pick stateside were Neil Shafer, president of the International Bank Note Society and Colin Bruce II, editor for many of Krause Publications' respected coin and paper money references. Over 300 note-issuing authorities are presented. Over 6,500 photos provide strong visual aid. Important features: Complete listings for South and Central America (private and commercial banks), China (provincial banks), Mainland Europe (commercial banks) and British Crown Colonies (commercial banks). Auction Prices Realized, U.S. Paper Money 1983 Edition. Compiled by Bob Wilhite. $40.00 postpaid Like its coin-related counterpart, Auction Prices Realized, U.S. Paper Money will give you a vital (yet all too often neglected) view of the auction market. This 360-page catalog offers coverage of 19,830 paper money lots from 140 public auctions and mail-bid sales. Listings cover the period from 1978 through 1982. Notes are sequenced by face value within the principal categories of Large and Small Size Notes, National Bank Notes, Fractional Currency and Encased Postage Stamps. A major benefit of owning this catalog is that it saves you the hassle of matching auction catalogs with prices realized sheets. When buying, look at the auction results as indicators of real market value. When selling, let auction results help you choose the more lucrative route; to sell through ads, etc., or sell at auction. When the success of your paper money transactions depends on your grasp and interpretation of the market, you'll have a definite advantage when you use this reference catalog. Standard Catalog of United States Paper Money 3rd Edition by Chester Krause and Robert Lemke $14.50 postpaid If you rose above our hobby for a moment, and looked down, you'd get a feel for the scope of this catalog. Here is a comprehensive over-view of all currency issues of the United States — more than 120 years of official and quasi-official paper money. Presented for visual aid are over 525 original photos, covering all types and major varieties. Over 3500 currency items are valued according to current market conditions. Attesting to its thoroughness, this catalog provides an illustrated guide to Fractional Currency, Encased Postage Stamps and Postage Stamp Envelopes. Hobby veterans will appreciate this catalog for the fast access it gives to all areas of our hobby. Though less detailed than the other catalogs offered, it will provide easy-to-get-at researching and pricing data for non-specialty areas. Important feature: Over 13,000 note-issuing National Banks are listed alphabetically, by city ... know instantly whether a city issued currency! These catalogs and Bank Note Reporter are available from Krause Publications. Send your orders directly to us, at the following address . . 32 years of serving collectors with superior hobby publications krause publications 700 E. State St.. Iola, WI 54990 Paper Money Whole No. 114 Page 305 Back Issues of PAPER MONEY Available The following back issues of PAPER MONEY are now available at $2.00 each from R.J. BALBATON, SPMC Book Sales Dept. 116 Fisher St. No. Attleboro, MA 02760 1964-#9 1975-#58, 59, 60 1966-#18, 20 1976-#61, 62, 63 1967-#21, 23, 24 1977-#69 1968-#25, 26, 27, 28 1978-#78 1969-#31, 32 1979-#80, 81, 83, 84 1970-#35 1980-#85, 86, 87, 88, 89, 90 1971-#37, 38, 39 1981-#92, 95 1972-#41, 43, 44 1982-#97, 101 1973-#46 1983-#103, 104, 105, 106, 107, 108 1974-#52, 53 1984-#109, 110, 111, 112, 113 ### An index to "Paper Money" Volumes 1-10, 1962-1971 Please do not send funds with your order. You will be be invoiced for those issues which can be supplied at the time your order is received. This procedure will avoid the necessity of making refunds. Remember, Do Not Send Funds With Your Order! YOU WILL BE BILLED! This opportunity to obtain the wealth of information contained in these issues may not last long, as some are in limited supply. ITEM: Numismatic News helps reverse the Treasury's decision to omit silver from the Ike dollar (we now enjoy 40% silver Ikes!) ITEM: Numismatic News convinces the GSA to properly grade Carson City dollars sold from the government's hoard (scratched, nicked and tarnished specimens were to be sold as uncirculated!) * * * ITEM: Numismatic News successfully lobbies against middle-man profits in the Olympic coin programs. Been on the block for 32 years. Saw some questionable hobby programs come down from Washington in that time. Got involved with all of them. Knew from experience what to do - how to go about changing minds and policies. Victories for the hobby were sweet. There are more to come. Stick with us. Support us. Now more than ever, we're ready to serve your interests. :NATIONAL, .. Advertise In Official Bimonthly Publication The Society of Paper Money Collectors, Inc. Checks, Stocks & Bonds, And More! Join us and receive our quarterly journal, THE CHECKLIST • Information on all aspects of banking and business paper collectibles •Club Auctions •Free Classified Ads Regional chapters are being organized, slide pro- gram available, book projects, swap-box, and the friendliest collectors anywhere! For more Information. contact arch Collectors 3Rounb Table Charles Kemp, Secretary 481 Morse # 70 • Troy, Michigan 48084 Page 306 Paper Money Whole No. 114 Utv114- INC. P.O. BOX 84 • NANUET, N.Y 10954 BUYING / ON CUSELLING • BSOLETE CURRENCY, NATIO• U T SHEETS, PROOFS, SCRIP BARRY WEXLER, Pres. Member: SPMC, ANA, FUN, GENA, CCRT (914) 352-9077 ,,, of ,,, -- . e. EARLYv .>.$ ,, .., , , i , AMERICAN! t 4. 61 i NUMISMATICS N., .• . ,,,,,;.-'°. *619-273-3566 COLONIAL & CONTINENTAL CURRENCY SPECIALIZING IN: SERVICES: q Colonial Coins q Portfolio q Colonial Currency Development q Rare & Choice Type q Major Show 0 EARLY Coins Coverage q Pre-1800 Fiscal Paper q Auction q Encased Postage Stamps Attendance q P.O. Box Members: Life We maintain the LARGEST ACTIVE INVENTORY IN THE WORLD! q SEND FOR FREE PRICE LIST AMERICAN NUMISMATICS c/o Dana Linen 276 q Ansonia, CT 06401 0 619-273-3566 ANA, CSNA-EAC, SPMC, FUN, ANACS Paper Money Whole No. 114 Page 307 WANTED PAPER MONEY OBSOLETE AMERICAN FOREIGN Gold and Silver Collections Ancients and Treasure Coins Especially HIGH PRICES Paid For FLORIDA OBSOLETES, NATIONAL BANK NOTES & BONDS F.S. Werner 8198 Royal Palm Court A.N.A. Tamarac, Florida 33321 P.N.G. LM 920 Tel. (305) 722-9778 249 HELP! WILL BUY OR TRADE FOR THE FOLLOWING 1929 ST. LOUIS, MISSOURI NATIONALS CHARTER 4178 MERCANTILE-COMMERCE NATIONAL BANK 1929-I $5 1929-11 $5 1929-11 $20 CHARTER 12220 CHARTER 12916 GRAND NATIONAL BANK BOATMEN'S NATIONAL BANK 1929-11 $5 1929-11 $5 CHARTER 13726 AMERICAN EXCHANGE NATIONAL BANK IN ST. LOUIS 1929-H $5 1929-11 $20 MY SINCERE THANKS TO THE FOLLOWING DEALERS, WHO FOUND NOTES FOR ME IN THE PAST YEAR: JOHN FOSTER, JOE SANDE, DON KETTERING, ALLEN MINCHO, MARVIN LEVINE, TOM DENLY AND ALEX PERAKIS, GOT A WANT LIST? SEND THEM ONE! THANKS ALSO TO SHAYNE MacMAHON AND JIM RANES. BOB COCHRAN 13001 HOLLENBERG DRIVE BRIDGETON, MO 63044 (314) 344-5125 WORK (314) 921 -0487 HOME arcliams a BO MDR PRICE GUIDE "Collecting Stocks and Bonds" by George H. LaBarre. 368 pages, 1,158 illustrations with descriptions and values of American stocks and bonds. Includes railroads, mining, automotive, banking, western, southern, 1770's to present. Complete 3 volume set $14.85 postpaid. Dealers inquiries invited. WE ARE VERY ANXIOUS TO BUY FINE QUALITY AMERICAN STOCKS AND BONDS. Note: The LaBarre Newsletter is sent out Quarterly Free of Charge. Price Lists are also issued Monthly. GEOR GE 11. LA BARRE GALLERIES P.O. Box 746 Hollis, New Hampshire 03049 CALL 12E800-842-7000 21603-882-2411 FREE Nobody pays more than Huntoon for An' ZONA& WYOMING- State and Territorial Nationals WANT ALL SERIES, ANY CONDI- TION, EXCEPT WASHED OR "DOC- TORED" NOTES. 3altiefte!r _EIL.." UNITEBSTAIESDFINERICko" (MANY TRADES!) PETER HUNTOON P.O. Box 3681, Laramie. WY 82071 Page 308 Paper Money Whole No. 114 UNUSUAL ITEMS BEST OFFERS CONSIDERED Hoard of 74 U.S.R. Certificates dated 1876, Beautiful Group of 25 W.A. Graham Co. Coupon Books, Pryor, Okla. dated 193 Hoard of 95 Pieces of Paper Scrip of Gilliam Coal & Coke Co., W. Va. Group of 132 U.S.R. Certificates dated 1878 with vignette of Taylor Group of 18 Badges of United Auto Workers, CIO, dated 1938 Group of 31 Different Stock Certificates and Bonds of 20th Century Fantastic Engraving Stone of SECURITY BANK & TRUST CO. of Charleston, W. VA dated 192_. Probably Unique and a prize for someone. Frank Sprinkle 304 Barbee Blvd. Yaupon Beach, North Carolina 28461 • U.S. Obsoletes • U.S. Large & Small Size Type Notes • U.S. Large & Small National Bank Notes Canadian BOUGHT AND SOLD FREE PRICE LIST FRANK TRASK SPMC, ANA KENNEBUNK COINS & CURRENCY P.O. Box 787, Kennebunk, Maine 04043 (207) 985-7431 HARRY IS BUYING NATIONALS - LARGE AND SMALL UNCUT SHEETS TYPE NOTES UNUSUAL SERIAL NUMBERS OBSOLETES ERRORS HARRY E. JONES PO Box 30369 Cleveland, Ohio 44130 216.884-0701 Paper Money Whole No. 114 Page 309 MAIL AUCTION U.S. CURRENCY-OF SPECIAL INTEREST 1. U.S. NOTE, $1.00 Series 1928, No. A00000131A. Only a few notes, with lower number, are available for the collector. UNC M.B. $225.00 2. F.R. Bank Note of New York, $5.00, Series 1929, UNC 3. F.R. Note, New York, $5.00, Series 1950E. UNC 4. F.R. Note, Richmond, $5.00, Series 1950, LOW NUMBER, No. E00000099A. In O'Don- nell's "Handbook ... U.S. Paper Money", 7th edition 1982, lowest number observed is E00270809A, UNC SILVER CERTIFICATES 5. $1.00 Series 1935D, Stuck digit in upper right serial number, P319686 1 7F and P3196877F. UNC 6. $1.00 Series 1957, No. N00000149A Auto- graphed by Priest Anderson, UNC 7. $1.00 Series 1957 and Series 1957A- both with same number, A00005967A. Series 1957 note has Front and Back Plate No. 1. UNC. Bid on the pair. 8. $1.00 Series 1957A, No. A00000777A, UNC SOUVENIR CARDS Issued by the Bureau of Engraving and Printing 9. 1971 ANA Washington, D.C., $1 Education Obv. 10. 1972 ANA New Orleans, $2 Education Obv. 11. 1973 ANA Boston, $5 Education Obv. 12. 1974 ANA Bal Harbour, FL, $10 Education Obv. 13. 1975 ANA Los Angeles, $1 Education Rev. 14. 1976 ANA New York City, $2 Education Rev. 15. 1977 ANA Atlanta, $5 Indian Obv. 16. 1978 IPM Memphis, Desoto, Mississippi. 17. 1980 ANA Albuquerque, $5 Education Rev. 18. 1980 IPM Memphis, $10 Buffalo Obv. 19. 1983 FUN Orlando, $100 "Watermelon" with P.O. Cancellation stamp. 20. 1983 FUN Orlando, $100 "Watermelon" with P.O. Cancellation stamp and Jackie Robin- son 20 cent stamp. 21. 1975 Intl. Women's Year, $1 Martha Washington. Bids will be received for 30 days after this issue of Paper Money is published. Postage and insurance will be added to winning bids. VERNON L. BROWN 2350 S.W. 17th Circle Delray Beach, FL 33445 THE BANE: OF S!,. LOUIS /'/;:/// slgajosoc •E ugramnin . )*.*Wolocotlikv ST. LOUIS, MISSOURI OBSOLETES AND NATIONALS WANTED RONALD HORSTMAN ROUTE 2, BOX 242 GERALD, MISSOURI 63037 SLUMP, \ imial Bank Page 310 Paper Money Whole No. 114 WANTED OBSOLETE PAPER MONEY (Bank Notes, Script, Warrants, Drafts of the AMERICAN WEST Oregon, California, Idaho, Nevada, Arizona, Utah, Montana, 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, topicals; Colonial, Continental; CSA, Southern States notes and bonds. Also have duplicate West- ern rarities for advantageous trade. JOHN J. FORD, JR. P.O. DRAWER 706, ROCKYILLE CENTRE, N.Y. 1157L FLORIDA NOTES WANTED ALL SERIES P.O. BOX 1358 WARREN HENDERSON VENICE, FLA. 33595 BANKNOTES ARE OUR BUSINESS IF YOU ARE SELLING: We are seriously interested in acquiring large size and scarcer small size United States paper money. We are interested in single items as well as extensive collections. We are especially in need of national bank notes and we also buy foreign paper money. If you have a collection which includes both paper money and coins, it may prove in your best financial interest to obtain a separate bid from us on your paper money as we deal exclusively and full time in paper money. We will fly to purchase if your holdings warrant. IF YOU ARE BUYING: We issue periodic extensive lists of U.S. paper money, both large size, small size and fractional. Our next list is yours for the asking. The VAULT Frank A. Nowak SPMC 933 P. 0. Box 2283 Prescott, Ariz. 86302 Phone (602) 445-2920 Member of: ANA, PMCM WANTED, REWARD RHODE ISLAND NATIONALS Will pay $5.00 each for the first photo or Xerox of the following unreported Rhode Island notes: CHARTER CITY TYPE DENOM. 1007 Providence 1929 II $20. 1035 Slatersville II II $10,$20. 1150 Ashaway ,, II $10,$20. 1284 West Warwick " II $5.,$20. 1492 Newport " I $100. 1492 " II $5. 1396 Providence Any series Any note 1405 E. Greenwich 1460 Phenix 1554 Wakefield Any R.I. First Charter $50. or $100. Any R.I. Brownback $50. Interested in buying or trading for 1929 R.I. notes in VF or better except #948, 1007. 1302 and 13901. STEVEN WHITFIELD P.O. BOX 1122 OMAHA, NE 68101 BANKS 1859 BANK OF AMERICA $50 Black/White Capital Stock certificate with a very attractive eagle/train/ship vignette by Topper, Carpenter, Casilear & Co. Pen- cancelled (but not affecting the vignette), trim- med close on the left edge, a great framing piece from a very important 19th-century bank. Our current BANK listing includes more than 3 dozen Bank stocks, from 1812 to 1933, many with engraved vignettes by the American Bank Note Company. Call or write today and ask for our BANK listing, or for our general catalogue of more than 150 stocks and bonds. CENTENNIAL DOCUMENTS 1-21 28th St. Fair Lawn, NJ 07410 (201) 791-1683 Paper Money Whole No. 114 Page 311 FOR SALE CURRENCY FOR SALE U.S.A. LARGE & SMALL SIZE CURRENCY INCLUDING: NATIONAL CURRENCY OBSOLETE CURRENCY RADAR & FANCY SERIAL NUMBER NOTES "ERROR" NOTES & OTHER TYPES LARGE MAIL LISTING AVAILABLE FOR A LARGE-SIZE. SELF-ADDRESSED STAMPED ENVELOPE. 10-DAY RETURN PRIVILEGE. YOUR SATISFACTION GUARANTEED ROBERT A. CONDO P.O. BOX 985, VENICE, FL. 34284-0985 IAN A. MARSHALL WORLD PAPER MONEY A-Z (AFRICA A SPECIALTY) P.O. BOX 537 THORNHILL, ONT. CANADA L3T 200 Bi-Monthly Retail • Wholesale Lists FREE LISTS 1918 $1 FEDERAL RESERVE BANK NOTES BOSTON F-708 (LOW #A161A) + NEW YORK F-711 (LOW #B900A) + PHILADELPHIA F-717 + CLEVELAND F-718 (LOW #D401A) + RICHMOND F-721 (LOW #E70A) + ATLANTA F-726 + CHICAGO F-729 + ST. LOUIS F-733 + MINNEAPOLIS F-734 + KANSAS CITY F-738 + DALLAS F-742 + SAN FRANCISCO F-743 ... This marvelous collection of superb crisp new notes is from the famous JAMES M. WADE COLLECTION and is Priced SPECIAL @ $2,875.00. 1918 $2 FEDERAL RESERVE BANK NOTES BOSTON F-747 (LOW #A1500A) + NEW YORK F-750 (LOW #B125A) + PHILADELPHIA F-753 (LOW #C66A) + CLEVELAND F-757 (LOW #D189A) + RICHMOND F-760 (LOW #544A) + ATLANTA F-762 (LOW #F13A) + CHICAGO F-765 + ST. LOUIS F-771 + MINNEAPOLIS F-772 + KANSAS CITY F-774 + DALLAS F-776 (LOW #K40A) + SAN FRANCISCO F-778. Also from the JAMES M. WADE COLLECTION, these RARE GEM CRISP NEW NOTES, without making allow- ance for the LOW SERIAL NUMBERS (which command much higher prices), in the two leading paper money catalogues list as follows: 1. FRIEDBERG'S 10th Edition "Paper Money of the United States" $14,000.00. 2. HESSLER'S 4th Ed. "Comprehensive Catalog of U.S. Paper Money" $11,200.00. BEBEE'S is proud to offer this truly great MUSEUM COLLECTION, Specially Priced $9,875.00. RARE MATCHED PAIRS BOSTON $1.00 F-708, LOW SERIAL NO. A109A, GEM CN The Pair 1,295.00BOSTON $2.00 F-747. LOW SERIAL NO. A109A, GEM CN NEW YORK $1.00 F-711. LOW SERIAL NO. B200A GEM CN The Pair 1,095.00NEW YORK $2.00 F-750. LOW SERIAL NO. B200A GEM CN CLEVELAND $1.00 F-718. LOW SERIAL NO. D567A GEM ON The Pair 1,095.00CLEVELAND $2.00 F-750. LOW SERIAL NO. D567A GEM CN Whether buying or selling, why not try BEBEE'S. Leading PAPER MONEY SPECIALISTS SINCE 1941. SASE for our BUYING LIST of Rare Large Size Notes. Also, any of the following Sales Lists: (A) U.S. LARGE SIZE TYPES (Includes Hundreds of Federal Reserve Notes). (B) U.S. LARGE SIZE NATIONALS; (C) U.S. FRACTIONAL CURRENCY. (D) U.S. COLONIAL/CONT'L. NOTES; (E) U.S. CONFEDERATE CURRENCY. 100% satisfaction guaranteed always. Should you not be delighted with any notes purchased they may be returned within thirty days for full refund. For immediate shipment please send cashier's check or money order (personal checks take 20 to 25 days to clear our bank). We would greatly appreciate your orders—and you're sure to like doing business with BEBEE'S, TENS OF THOUSANDS OF "BEBEE BOOSTERS" have since 1941. MEMBER: ANA LIFE #110, ANS, IAPN, PNG. SPMC, Others Aubrey & Adeline BEBEE 110.1" camas rpagsva. samosimusis "Pronto Service" Omaha, Nebraska 68104P.O. Box 4289 Page 312 Paper Money Whole No. 114 Our currency auctions were the first to use the Sealed Mail Bid System, which gives you, the bidder and ultimate buyer, the utmost chance to buy a note at a price you want to pay with no one looking over your shoulder. As a seller, this method gives you the opportunity to get the full market price without the "in" dealers short-circuiting the bidding, as so often is seen at public auction sales. Purveyors of National Bank Notes & U.S. Currency to the collecting fraternity for over 20 years: Nichman- Oakes Auctions inc. WITH 20 sales behind us, and just starting our September-June Auction year, we invite you to participate: As a seller: Our commission rate is 15% down to 10% without a buyer's charge, lot charge, or photo charge. As a buyer: Subscribe to our next year's sales and receive the catalogs, prices realized, price lists, and if you have purchased a "National Catalog" we will send the update, all postage paid for $10.00. Send Today! If you haven't yet purchased a copy of THE STANDARD CATALOG OF NATIONAL BANKNOTES by Hickman-Oakes, we will mail an autographed copy (if wished) with update supplement when available for $75.00 (about $12.00 per pound). Send to: Hickman Oa es Auctions ,inc. Drawer 1456 joum Cit Iowa 52240 319 - 338 - 1114 ecfPcM RARE COINS and CURRENCY (BESIDE THE ALAMO) 220 ALAMO PLAZA SAN ANTONIO, TEXAS 78205 (512) 226-2311 It pays to look closely. You know that it pays to look closely when collecting. It does when you are thinking of selling, too. Since you collected with such care, we know you want to be equally as careful when selling. At Medlar's, we take pride in the fact that we've been buying and selling currency for over 25 years. So, we feel we must be doing something right for our many friends and customers. WE ARE BUYING: Texas Currency, Obsoletes and Nationals, Western States Obso- letes and Nationals, U.S. and Foreign Coins. We will travel to you to examine your holdings, Profes- sional Appraisals, or as Expert Witness. Member of SPMC, ANA, PNG, NLG, CPN