Chapter 88 Watch carefully
The heavy rain comes quickly and goes quickly. In less than an hour, the strong wind and rain turn into drizzle.
As the news that the bank mansion was working hard to save the tea market spread, the merchants who speculated about tea were moved and went to various tea shops to buy it in the rain. The tea market, which had been deserted for two days, became lively in an instant, and tea prices rose in response to the sound, rebounding from twelve to thirteen taels per dan to thirteen taels and sixteen.
This price is also priceless, because tea shops of all sizes are reluctant to sell, and now there are no money houses to force repayment, and the bank mansions lend money at rare low interest rates. Everyone knows that the price of tea will rise all the way. Who is willing to take action easily if you have tea in your hands?
Speculators with a lot of silver notes cannot buy tea, so they naturally raised the price again and again, so the tea price has risen all the way. Before dark, it has rebounded to 18 taels per dan. Only at this price can cautious tea shops start selling small quantities to outside.
However, at this price, a group of speculators have become more cautious. Although the tea price has been rising steadily, the transaction volume is not too large. On the one hand, the tea shop is reluctant to sell, and on the other hand, the speculators are cautious in buying. No one knows what price the tea price can rebound to. Both sides are carefully watching.
The shopkeeper of Fulixing Tea Shop - Xue Qigui, who was in his early forties, had a pockmarked face, and walked around tea shops of all sizes without placing the ground. He frequently made moves. He would buy as much as he would sell for as much as he would. However, because the tea shop was reluctant to sell, even though he had more than 500,000 silver notes in hand, he only bought more than 5,000 yuan.
Yi Zhizu returned home until dark. When he entered the East Cluster Courtyard, the servant came up to report that the master and the eldest master had been waiting in the yard for a long time.
After listening to the report, Yi Zhizu felt a little surprised. Why did the old man and his elder brother come back so early? Didn’t they join in the fun and buy tea? In the past few days, a group of small and medium-sized bank merchants from Thirteen Banks have borrowed 200,000 yuan from Yuanqi Bank. Originally, the shareholders only allowed to borrow 100,000 yuan, but the merchants took advantage of the two guaranteed places to borrow 100,000 yuan, and obtained a loan of 200,000 yuan in disguise. He could only turn a blind eye to this matter.
There was a banquet in the hall of the main room. Yi Yunchang and Yi Zhishu were drinking and whispering. Seeing Yi Shisu, Yi Yunchang smiled and said, "Why are you back now? Come and have a few drinks for your father."
Yi Zhizu walked up to him and saw that his face was flushed and obviously had already drunk a lot. He smiled and said, "Why did you make my father so happy?"
"Of course I made money." Yi Zhishu said with a bit of drunkenness: "It's rare that my father is so happy, so my third brother will have a few more drinks with me."
Making money? What else can you make money in this situation besides tea? Yi Zhizu sat down and said tentatively: "Futaixing purchased tea at a low price?"
Yi Yunchang stretched out his finger and gestured in front of Yi Zhizu, and said proudly: "The total ten thousand dan is charged at a price of thirteen or fourteen taels."
Ten thousand dan? Still such a low price! Yi Zhizu's heart sank, poured a glass of wine, and said calmly: "Futaixing started to acquire it in the morning?"
The reason why he asked this was because when he and Wu Bingjian, Wu Shaorong, Pan Zhengwei, Lu Jiguang and others planned a tea collapse plan, they asked the Thirteenth Bank to cooperate to suppress the tea price to the greatest extent, and if Futaixing started to acquire it in the morning, they would inevitably be criticized.
Seeing his expression, Yi Yunchang knew what he was worried about and said disregardlessly: "The tea price fell below fifteen, and a group of merchants began to quietly acquire it, but it was not just our Futaixing family who did this."
After hearing this, Yi Zhizu was very surprised. A group of merchants took action. Even if they quietly acquired it, it was not a small thing. He couldn't help but say, "Why didn't it cause a rebound in tea prices?"
"You don't know this." Yi Yunchang smiled and said, "Which business does not have a few familiar tea merchants and tea shops? The money shop urges loans and forces tea shops to sell tea and repay loans. The tea shop, which has no way to ask for loans, saw that the tea prices continue to fall, had no choice but to beg us to buy tea. How could this trigger a rebound in tea prices?"
After hearing this, Yi Zhizu's face calmed down a little. Yi Yunchang took a sip of wine and then said, "Thirteen Banks can make a lot of money this time. If Yuanqi Bank does not lend low interest loans to tea merchants, we can still collect more."
"One of the time, I leave a way out for the tea merchants." Yi Zhizu said, and dried the wine in one sip, put down the wine glass and said, "If all the tea merchants are killed, it will be difficult to recover the tea trade for less than three or five years, and that will be a loss."
Yi Zhishu smiled and said, "The third brother has a long-term vision. It's not a big mistake for Mr. Wu to admire you. Come and give you a cup of wine." After drying the wine, he said, "The third brother has a unique vision. According to the third brother, how much can the tea price rebound?"
Yi Zhizu did not answer, but asked back: "What is the purpose of raising the import tax on tea in England?"
"Of course it is to suppress the price of tea." Yi Zhishu said without thinking: "It is not profitable for British vendors to sell tea, so they will naturally lower the price of tea purchase..." Speaking of this, he had already reacted, "What my third brother meant, the price of tea will rebound to the price when the East India Company was not closed, twenty taels per tumble?"
"Now the bank mansion and Yuanqi are lending a lot to the outside world, and the market is full of silver." Yi Zhizu pondered: "In addition, the tea price has fallen from 32 taels, and tea merchants have higher expectations for the rebound of tea prices. Combined with the two, the tea price rebound may reach twenty-two, three, or even higher, but it is best not to take risks."
"Enough." Yi Yunchang smiled and said, "In just two or three days, you can make a profit of 80,000 or 90,000 yuan. What else can you not satisfy? With this profit, plus a low-interest loan of 200,000 yuan, Futaihang is expected to repay half of its debt this year, which is enough."
After hearing what he said, Yi Zhizu knew that the two of them did not know the overall plan. The tea collapse planned by Wu Bingjian, Wu Shaorong, Pan Zhengwei, and Lu Jiguang was more than that simple. Yuan Qi wanted to take this opportunity to take the lead in Guangzhou. The Thirteenth Firm wanted to take this opportunity to re-monopoly foreign trade, especially when foreign trade was not allowed to be involved in foreign trade. The tea market would become a meat grinder, racking up the financial resources of the money house and foreign trade.
Since the three people concealed something, he naturally would not talk too much. He was hungry and buried his head in eating and drinking. However, Yi Zhishu refused to miss this opportunity easily. On weekdays, this third brother was busy all day long and could not see anyone. It was rare to have the opportunity to sit down and communicate with him. After being able to wait for Yi Zhi, he put down the bowl. He smiled and said, "The tea business is not easy this year. Do you have any good suggestions?"
Chapter completed!