Chapter 79 Yuanqi Silver Note
Early in the morning, Chen Yongkang, the shopkeeper of Changlongxing Silk and Satin Bank, rushed to Yuanqi General Account without even drinking morning tea. These days, the bank statements of yenqi were used to lend money to the outside world. He was really jealous. There is a shortage of silver on the market. As long as you can lend money, you will be profitable if you redeem it.
However, Yuan Qi's money is not easy to borrow. He can't borrow it in verbal words. He either needs a mortgage or a guarantor. Moreover, because there are too many loans, the amount of loans is limited, which is generally limited to 50,000. Yesterday, he found Luo Lin official from the Thirteenth Branch and persuaded him. Luo Futai nodded and agreed to guarantee him a loan of 50,000.
When I arrived at Yuanqi General Office, the door was open, but there was no one on the cabinet. It was obviously not open yet. However, there were already seven or eight merchants in the lobby. Needless to say, they all came to borrow money. A young man came to meet him with a smile and said, "Are the guest officers here to borrow money?"
"Yes." Chen Yongkang nodded quickly, but he didn't expect that Yuan Qi had such a good attitude. He opened the door before business, and there was a young man to welcome the guests.
"Is the client mortgage or guarantee?"
Chen Yongkang hesitated for a while before saying, "Guarantee."
"Please write down your details, business name, business situation, and guarantor situation. It's easy to count the small ones."
Chen Yongkang nodded, and as the young man came to the desk, he picked up his pen and wrote down the situation. After reading it, the young man smiled and said, "Customer, if you want to guarantee, you must come in person."
"I know, Officer Luo Lin will come in a while."
"Please wait here." The young man said as he handed over a license plate and said, "Please put the guest in his hand and call it according to the license plate after business."
Chen Yongkang walked slowly with the brand, and a guy from the crowd said loudly: "...... Issuing Yuanqi silver notes, starting from today, whenever you borrow, the current bank and the bank notes will be issued in proportion, and the proportion of four silver notes will be issued in proportion to six silver notes..."
Before he finished speaking, someone shouted: "Use silver notes to lend? This is really a strange thing. Could it be that Yuanqi has no money, right?"
The guy said without annoyance: "This guest official was joking. Looking at all the banknotes in Guangzhou, which one can do with the strong capital? It is not that the cash bank is not enough, but because of the need..."
“For what needs?”
Which banknotes in Guangzhou, who has not issued banknotes for a slightly larger scale? The issuance of banknotes is for the convenience of transactions, settlements and turnover. As of yesterday, Yuanqi has lent four million yuan, and will continue to lend and issuance of banknotes. It is natural to do so."
"It's still natural." The man sneered: "It's not a strange thing to issue bank notes, but it's the first time we have heard of it that we have used the opportunity to force the bank notes to be promoted..."
"Yuanqi has strong support from the Thirteen Banks, and the transfer of funds exceeds 10 million. It is not that Yuanqi silver notes cannot be cashed out, but they just seize this opportunity to implement them. What's so strange about it?" The guy said coldly: "If the guest official does not approve of Yuanqi silver notes, please go to other bank accounts to borrow money."
After hearing this, everyone immediately fell silent and went to other ticket money shops to borrow money? At present, which ticket money shop in Guangzhou is lending in addition to Yuanqi? Not to mention that Yuanqi's interest is the lowest among all ticket money shops, and the lowest is not a small one.
Chen Yongkang secretly thought in his mind, is it necessary to borrow? It has been rumored outside that Yuanqi does not recognize the silver notes of other bill bankers. Naturally, other bill bankers will not recognize Yuanqi's silver notes. In this way, the circulation of Yuanqi's silver notes is very limited. If you lend 30,000 silver notes, wouldn't it be in your hands?
Seeing that no one said anything, Chen Yongkang coughed lightly and said, "The Yuanqi silver bill is not recognized by other bank accounts, and we have no large-scale business dealings with Thirteen Banks... I wonder if the bank bills borrowed can be exchanged for cashing out immediately?"
After hearing this, the mate sneered: "Although Yuanqi silver notes are not recognized by other bank accounts, Thirteen Banks have recognized them, and they trade with Thirteen Banks. Yuanqi silver notes are more popular. If the guest feels that Yuanqi silver notes are inconvenient, please give yourself a favor." After that, he turned around and left.
Seeing the guy leaving, Chen Yongkang said in a daze: "Can this be fulfilled immediately?"
Someone whispered: "I guess a small amount can definitely be, but the large amount is probably a bit mysterious. If there is money, Yuanqi needs to issue bank notes?"
"That's right, Yuanqi is forcing us to use Yuanqi silver notes, so it must be that there is insufficient money."
"If this silver bill cannot be fulfilled, wouldn't we have lost a lot?"
After listening to the discussions of everyone, Chen Yongkang couldn't help but feel up and down. Yuanqi silver bills were not easy to use, and it was annoying to lend them out. It was really unlucky. Why did you start issuing bank notes today? Or was it a bundled issue?
He was secretly upset, but someone heard him saying contemptuously: "With this little experience, what else do you do in business? Why not go home and take your children."
After hearing this, Chen Yongkang looked at the man in surprise. Seeing that it was a gentle middle-aged man, he bowed and said, "I hope you will give me some advice."
The man held his hands and said, "You don't think about why Yuanqi launched silver notes at this time? If Yuanqi's silver notes can only be circulated among merchants who have business dealings with Thirteen Lines, wouldn't it be a bad reputation for Yuanqi's launch of silver notes?
Today, Yuanqi Bank is a well-known golden sign in Guangzhou. In terms of strong funds, who can compete with Yuanqi? Even Shanxi Piaohao has to be at a disadvantage. Yuanqi silver bills may not work well in other Piaohao money banks, but they are absolutely good among merchants. In today's Guangzhou, no silver bill issued by a Piaohao money bank can be more credible than Yuanqi silver bills!
Why? Because behind Yuanqi, there are three members of the Wu family, Pan family, Lu family, and one Wu family is already the Southeast, with a wealth of tens of millions of dollars. Have you not seen the Wu family's silver ship give Yuanqi silver in the past few days?
Will Yuanqi lack silver? A joke! Yuanqi silver notes cannot be circulated? That is even more a joke! Now Yuanqi tickets have been circulated publicly, let alone Yuanqi silver notes.”
"Since there is no shortage of silver, why should we forcefully sell silver notes?"
"Do you know why other ticket money shops do not recognize Yuanqi's silver bills? It is because Yuanqi refused to use other ticket money shops as soon as they opened. Then think about it again, why did Yuanqi refuse to use other ticket money shops as soon as they opened?"
"Why?"
Without waiting for the man to answer, a guy rushed over, bowed in a bunch of ways, and said, "Everyone, the apprentice was ignorant and neglected you. Yuanqi silver notes are ready to be exchanged, but the large amount of cash silver is withdrawn, as usual, you have to say hello one or two days in advance. Please use it with confidence.
Besides, please rest assured that Yuanqi issued silver notes, not because the current bank is tight. If the current bank is tight, you can stop lending. Yuanqi has already lent four million cash banks and is famous. How could he lose his own sign because of a small loss of big money?"
After hearing this, everyone immediately felt relieved. Thinking about it, it was true that Yuan Qi is now a golden signboard, so how could there be no reason why silver notes cannot be cashed? It was really scaring himself!
Chapter completed!