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| Issuer | Asunción Tramway Light & Power Co. |
|---|---|
| Year | 1913-1915 |
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| Printer | Compañía Sudamericana de Billetes de Banco S.A., Buenos Aires, Argentina (1887-1918) |
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|---|---|
| Obverse lettering | ASUNCIÓN TRAMWAY LIGHT & POWER CO. La Empresa de Tranvías Luz y Fuerza pagará al portador y á la vista DOS Y MEDIO CENTAVOS MONEDA NACIONAL CURSO LEGAL |
| Reverse description | Uniform brown letterpress print on plain paper, entirely filled with an elaborate geometric and foliate pattern. A meander (Greek key) frieze runs along the top and bottom borders, flanked at each corner by circular rosette vignettes enclosed in square panels. Two large fan-scroll volutes occupy the left and right centre fields, while a dense acanthus-leaf composition frames the large white numeral '2 1/2' at the centre of the design. |
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| Comments |
The Asunción Tramway Light & Power Co. was a British-registered utility concession operating in Paraguay's capital, and this fractional token note was issued to address the chronic shortage of small-denomination coinage that plagued Paraguay in the early twentieth century. Private transport and utility companies across Latin America routinely filled this gap with their own scrip, redeemable for services — in this case, almost certainly for tram fares.
The printer, Compañía Sudamericana de Billetes de Banco, was the Buenos Aires subsidiary of the American Bank Note Company and handled much of the region's commercial and official currency work before closing in 1918.