Charter 2025
First Title: The Merchants National Bank of Middletown, Ohio
Chartered August 01, 1872
Second Title: The First And Merchants National Bank of Middletown, Ohio
September 09, 1919


Type Face Value Highest Serial Number Total Issued Percent $ # of Notes % of Notes # out at close* $ out at close*
1929-1
F008398A
$251.940
25%
50,388
40%
18,973
$94,865
1929-1 F004892A   $293,520
29% 29,352
23% 11,052
 $110,520
1929-1 F001376A  $165,120
16% 8,256
7% 3,109
  $62,180
1929-2
A022208
$111,040
11%
22,208
18%
8,362
$41,810
1929-2 A012048  $120,480
12% 12,048
10% 4,537
$45,370
1929-2
A003768
 $75,360
7%
3,768
3%
1,419
$28,380
* These columns are statistical calculations, not confirmed by observations.

Large size dollar amount issued:   $4,086,360

80%
Small size dollar amount issued: $1,017,460
   
20%
Total Dollar Amount Issued by Bank: $5,103,820
   
       
Large size, Dollar amount out at Close: $16,880
  4%
Small size dollar amount out at Close $383,120
  96%
Total Dollars Outstanding at Close: $400,000
   
       
Percent of small size dollar amount was still outstanding at time in 1935.
  38%
       
1929 Type 1 small size National Currency Notes produced for this bank: 87,996
  70%
1929 Type 2 small size National Currency Notes produced for this bank: 38,024
  30%
Total number of small size National Currency Notes for this bank: 126,020
   



The Merchants National Bank of Middletown, Ohio
Year
Bank Cashier
Bank President
1872
Francis P Loehr
Chas F Gunckel
1880
G F Stevens
Charles F Gunckel
1888
E W Gunckel
Charles F Gunckel
1891
Chas. D Wrenn
Charles F Gunckel
1892
Chas. D Wrenn Paul J Sorg
1894
J W Boyd
Paul J Sorg
1900
C B Niederlander Paul J Sorg
1905
C B Niederlander W L Dechant
1908
C B Niederlander S J Sorg
1909
C B Niederlander
J W Boyd
1911
C J Stahl J W Boyd
1919
C J Stahl C Niederlander

The First And Merchants National Bank of Middletown, Ohio

Year
Bank Cashier
Bank President
1919
R H Snyder
J A Aull
1922
C J Brooks
J A Aull
1925
C J Stahl
J A Aull
1931
R H Snyder
J A Aull

Highest observed Type One Sheet with Stahl as cashier:
$5 - 98
$10 - 645
$20 - 193
Lowest observed Type One sheet with Snyder as cashier:
$5  - 2880
$10 - 1033
$20 - 367
All Type Two have Snyder as cashier.

References:
Oakes, Dean & Hickman, John -- Standard Catalog of National Bank Notes, Second Edition, 1990
Kelly, Don C. -- National Bank Notes A Guide with Prices, First Edition, 1981
Kelly, Don C. -- National Bank Notes A Guide with Prices, Second Edition, 1985
Kelly, Don C. -- National Bank Notes A Guide with Prices, Third Edition, 1997
Kelly, Don C. -- National Bank Notes A Guide with Prices, Fourth Edition, 2004
Friedberg, Robert -- Paper Money of the United States, Third Edition, 1959
Ramsey, Robert M. & Polito, Robert V -- National Banks of the United States 1863-1935, First Edition 1977
Van Belkum, Louis -- National Banks of the Note Issuing Period 1863 - 1935,  First Edition 1968

Huntoon, Peter -- United States Large Size National Bank Notes, First Edition, 1995
Huntoon, Peter -- Territorials A Guide to U.S. Territorial National Bank Notes, First Edition, 1980
Krause, Chester L & Lemke, Robert F -- Standard Catalog of United States Paper Money, Fourth Edition, 1985
Krause, Barry -- Collecting Paper Money for Pleasure and Profit, First Edition, 1992
M.Owen Warns (edited by ) -- The National Bank Note Issues of 1929 - 1935 , First Edition, 1970



Last Updated on 12/28/2006
By Paul Burns
Email: paul.burns@us.army.mil

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