Fifth Issue - Introduction
The fifth issue was authorized by the Act of October 13, 1862 and was
intended to be $90,000,000 in Treasury notes though around $140,000,000
were actually printed. Earlier legislation was used to reach the higher
number. All denominations in this issue were engraved by Keatinge &
Ball in order to limit confusion and prevent counterfeiting. Other firms
aided in lithographing and printing on some of the lower denominations.
B. Duncan contributed to the production of the $1, $10, and $20 notes. J.
T. Paterson & Co. helped produce the $2, $5, and $20 while Evans &
Cogwell did work on the $5 and $10 notes. These firms' names are also printed
on the bills with Keatinge & Ball. There are lower denominations of
these bills that may have been partially produced by Hoyer & Ludwig
and George Dunn. They only have Keatinge & Ball imprinted on them.
The addition of Evans & Cogwell to the printing of these
bills provided an additional 76 printing presses as Evans & Cogwell
was one of the largest printing houses in the southern states. Evans &
Cogwell continued in business after the war under the name Walker, Evans
& Cogwell until 1990.