Merchants’ Bank
Life Span: 1873-1928
Location: West side of Clark Street between Washington and Randolph Streets
Architect: L. D. Cleveland
State Savings Institution building, later known as the Merchants’ National Bank building, at 124-26 N. LaSalle street, was four stories and one basement high, with a frontage of 45 feet and a depth of 98 feet. L. D. Cleveland was the architect.
The Merchants National Bank Of Chicago in Illinois printed $1,222,350 dollars worth of national currency. Over $1,000,000 face value is a lot of money. However, some types and denominations of currency from this bank could still be rare. This national bank opened in 1864 and stopped printing money in 1902, which equals a 39 year printing period. That is a fairly normal lifespan for a national bank. During its life, The Merchants National Bank Of Chicago issued 10 different types and denominations of national currency.
Here is a list of the denominations and quantity printed:
14,750 sheets of $5 original series national bank notes
4,250 sheets of $10 original series national bank notes
3,700 sheets of $20 original series national bank notes
3,700 sheets of $50 original series national bank notes
3,820 sheets of $5 series of 1875 national bank notes
3,125 sheets of $10 series of 1875 national bank notes
900 sheets of $20 series of 1875 national bank notes
900 sheets of $50 series of 1875 national bank notes
333 sheets of $50 1882 brown back national bank notes
333 sheets of $100 1882 brown back national bank notes
$5.00 original series bank note printed by Chicago’s Merchants’ Bank.
National Currency Counterfeit Detector Plate for the Merchants National Bank of Chicago $10 notes. This comes as 2 plates.
Merchants’ Bank
Robinson Fire Map 1886
Volume 2, Plate 1
Darlene chomko says
I have an old merchants bank of Chicago metal bank. It’ looks like a silver barrel. On top it says “it pays to save everyday” and Federal deposit insurance corporation. On the bottom is printed Merchants national Bank ln Chicago with the bank pictured..My mother was born in Chicago in 1919 . Any idea how old this is?