Little is known of Carshore's bank, except that it opened in late March 1805 [1. Hayes, 1809]. Carshore appears to have started out as a banker from the outset, unlike some of the other smaller issuers of notes such as Denis Moylan in nearby Cork who appears to been a merchant who issued notes without ever going into banking.
O'Kelly (1959) states that the bank failed in 1809 [2.]. Saunders' Newsletter notes under Bankrupts: 'Joseph Carshore, of Carrick-on-Suir, county Tipperary, late Banker and Dealer in Exchange' [3].
Joseph Carshore died in late 1810 according to cemetery records.
There is one single banknote known for Carshore's Bank, and one Type by partnership.
Series 1. Joseph Carshore
Denominations recorded: One Guinea.
Printers: unknown.
Joseph Carshore, One Guinea, 2nd Jan 1807, Carrick on Suir
References
1. The opening of Carshore’s bank is noted in William Hayes' Commonplace Book ‘A Carrickman's Diary’ 1787-1809.
2. O’Kelly, E. (1959). The Old Private Banks and Bankers of Munster. Cork: Cork University Press, p. 25.
3. Saunders' Newsletter, Wednesday 19 September 1810.
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