Title: Wisconsin. Banking Department: Scrip Reports and Related Papers
Inclusive Dates: 1933-1935

Creator:

• Wisconsin. Banking Department

Call Number: Series 790

Quantity: 4.1 cubic feet (9 archives boxes and 1 flat box)

Repository:

Wisconsin Historical Society, Division of Library, Archives, and Museum Collections

Archival Locations:

Wisconsin Historical Society (Map)

COLLECTION MAY BE STORED OFF-SITE: see catalog entry to request materials and for additional information.

Abstract:

Monthly reports to the state Banking Department giving the amount of scrip outstanding in scrip-issuing banks, and scrip on hand in non-issuing banks; general Scrip Bureau correspondence; records of scrip issued; and newspaper clippings. Included also are four volumes consisting of an application register, a vault book, a receipt register, and a denomination book.

Language: English

URL to cite for this finding aid: http://digital.library.wisc.edu/1711.dl/wiarchives.uw-whs-ser00790

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In response to the cash shortages of the Great Depression, on March 17, 1933, Wisconsin became the first state to issue scrip. The legislature authorized the State to issue ten million dollars in scrip which could be used similar to cash. Each bank was allowed to borrow up to 5% of their assets in scrip; in exchange the State received a lien on bank assets.

Reports are alphabetical by city, thereunder by name of bank, and thereunder chronological; other records are chronological.

“Scrip Application Papers” (Series 788) contains related records.

Series 790	Scrip outstanding in scrip issuing banks, 1933-1934
Box   1	A-F
Box   2	G-P
Box   3 Folder   1-6	R-Z
	Scrip on-hand in non-issuing banks
Box   3 Folder   7-15	A-B
Box   4	B-E
Box   5	F-M
Box   6	M-O
Box   7	P-S
Box   8 Folder   1-4	T-W
	Scrip on-hand of $100 or less in non-issuing banks
Box   8 Folder   5-17	A-M
Box   9 Folder   1-9	N-Z
Box   9 Folder   10	Financial records of scrip issued, 1933
Box   9 Folder   11	General correspondence, 1933-1934
Box   9 Folder   12	Newspaper clippings, 1933
Box   9 Folder   13	Shipments made, 1933
Box   10 Volume   1	Application register, 1933
Box   10 Volume   2	Vault book, 1933-1934
Box   10 Volume   3	Denomination book, 1933
Box   10 Volume   4	Receipt register, 1933-1935