Newry Bank • Moore, Macan, Foxall • 1804–1816

[Mac]

Newry Bank
John Moore, Robert Macan, Meredith Foxall.
The bank failed in 1816.


Newly Bank One Guinea 1814

[ThePloughman]

Newry Bank 2 Pound from 1813.

[DOC]

Here is an early example of a £1 note issued by John Moore & Co, Newry, in 1805. An unusual feature is the strikethrough the bank title, Dublin address and two partner names. It has been reported that there were tensions with another banking house in the town, that of Trevor Corry & Company. PMI reports that two of Trevor Corry’s former partners joined Henry Moore’s Bank.

It is interesting to see that the later notes of John Moore & Co. did not use the title ‘Newry Bank’.

[Mac]

There's a story here! We will have to look into this one closely.

[DOC]

No doubt there is a story here but not sure about the details.

Here is a 30 Shillings notes issued in 1815 by John Moore & Co., again without the title ‘Newry Bank’.

[DOC]

Here is a 3 Guineas note issued by John Moore & Co. in 1815. This is the highest denomination reported to date for this bank.

[ThePloughman]

Very nice. I like the 3.8.3 in the center. This bank had some nice designs.

[Mac]

That 3 Guinea note is a decent quality example.
I'll add a page for Newry Bank to the main web site shortly.

[DOC]

Here is a 1 Guinea & Half note issued by John Moore & Co., Newry, in 1815.

[DOC]

Here is a link to an interesting article which provides some insights into the rivalry between the Newry-based Banks of John Moore and Isaac Corry.

www .newryjournal.co.uk/history/1800-1900/robert-macan-newry-bank-1807-16/

The only note recorded to date for Corry’s Bank, lists Trevor Corry as the lead partner in 1804, but this article suggests that Isaac Corry may have taken over as lead partner of the bank at some stage.

The article mentions that the Newry Bank of John Moore was set up in opposition to Corry’s Bank in 1807. However, there exists a note issued by John Moore & Co. in 1805 which suggests that the bank was founded two years earlier. A curious feature is that the bank title on this note, Newry Bank, is crossed-out.

Edit: PMI mentions an 1804 silver note for 3 shillings 9½ pence issued by John Moore & Co. This implies that the bank was founded in 1804.

[Mac]

That article is indeed interesting, a nice find!

A curious feature is that the bank title on this note, Newry Bank, is crossed-out.

Dublin is also crossed out on that note.

[DOC]

Here is an article providing some interesting information about John Moore and the private banks of Newry in the early 1800’s.

Moore’s involvement in the bank resulted in his financial ruination but every effort was made to pay creditors of the bank in full. Some details such as the founding of the bank in 1807 are not supported by the note record and it is likely that the bank was founded earlier in 1804.

www. poyntzpass.co.uk/wp-content/uploads/2018/05/Vol13-THE-MOORES-OF-DRUMBANAGHER.pdf

[Mac]

Some useful background information there, along with a pic of a 3 Guinea note.

A listing on Moore, Macan, and Foxall will be added to the website shortly, along with a few more banks.

[Mac]

Here is another example of a note for One Guinea and a Half. It is signed by Robert Macan, I think. The date and year are not readable, but the number on the note appears clearly to be 651 - not sure if this would help in dating it.

This example turned up in New Brunswick, Canada, and was emailed in by a visitor to the board.

[DOC]

Interesting to see another example of a note for 1 Guinea & Half emerge. The serial number is higher than the other known example dated 5th April 1815. This suggests that the note was issued in either 1815 or 1816 prior to the closure of the bank. An 1815 date is the most likely as no notes from 1816 have been observed for this bank to date.

[Mac]

A pity we can't make out the actual date. I have higher resolution pics of this note, and will have a closer look at the date area.

[DOC]

My guess would be the 2nd Aug. 1815