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| 背面描述 | Green paper reverse dominated by a broad vertical red guilloche band at centre. The monogram 'S I J M' is rendered in large ornate Gothic script across the middle of the note, flanked by small floral vignettes. Rows of stylised fleur-de-lis ornaments form decorative borders along the top and bottom edges. |
| 背面铭文 | S I J M |
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Mostaganem's commercial syndicate issued this small-denomination emergency note during the First World War, when the hoarding of metal coinage created a nationwide shortage of small change across French Algeria. Local chambers of commerce and merchant syndicates stepped in to fill the gap — these issues were technically unauthorized by the Banque de l'Algérie but tolerated by colonial authorities out of practical necessity.
The paper is notoriously fragile. Most examples from this series suffered heavy handling in everyday retail transactions, and survivors in any presentable state are genuinely uncommon.