10 Centimes - Chambre de Commerce d'Oran

Oran's Chamber of Commerce began issuing these small-denomination emergency notes in 1916 as the wartime drain on metal coinage left Algeria's commercial sector functionally paralyzed. The Moullot firm in Marseille, a well-established lithographic house with a long history of printing Algerian administrative material, produced several denominations for Oran across multiple series during this period. Watermarking on notes this small was an unusual precaution — most French colonial emergency issues of comparable size relied on paper quality alone.

JP#141-49/51 spans three catalogue numbers for what are likely date or signature variants within the same printing run.