Lin Gao Qiming

Chapter 283 Sweet Hong Kong Situation - New Fundraising Channel

At the same time, Ma Qianju looked at the newly received telegram in his hand, just after reading the first line, he also took a breath, the word "***" jumped into his mind.Deposits, do they want to open a bank in Guangzhou?The matter in Leizhou is not finished, and there is a financial turmoil in Guangzhou?

If you look carefully, it has nothing to do with banks, not even banks.This idea was not conceived by the people at Guangzhou Station, but by Shen Fan, the shopkeeper of Zizhenzhai. The reason why he made this suggestion was not because he had any advanced financial awareness, but because of the A traditional form of financing for business.

Deposit your spare money in a well-run store, and then withdraw interest on an annual basis.Shops get working capital, and depositors get a certain amount of income from their idle money.This form, even after the appearance of money houses and even banks, still existed in China for a long time. Until the credit of legal currency was completely bankrupt in the 20th century, not only large commercial banks and stores absorbed deposits, but even small cloth stores and oil and salt stores also had a large scale. Absorb the deposits of nearby residents in different ranges.Some shops with a long history and good reputation can even absorb deposits several times or dozens of times their own capital.For example, the Shanxi Dried Fruit Shop in Beijing even had a huge deposit of several 10 taels before the Gengzi Rebellion.

As a rich and powerful industry, jewelry stores have a long history of absorbing deposits from customers for an industry that requires a lot of capital.Seeing that the owner's name business is doing well, it looks like it is thriving, and its reputation among peers and customers is getting better day by day, so Shen Fan proposed this method.

The interest rate for absorbing this kind of deposits is much lower than that of lending. The monthly interest rate is only one and a half centimeters, and the annual interest rate is 18%. According to modern standards, this interest rate is not too high.Guo Yi still remembers that when he was a child, the bank's one-year deposit interest once reached 12%.For stores with a relatively large turnover and frequent borrowing, it is nothing more than an interest-free loan.

"Who is willing to come to make deposits?" I opened a jewelry store. Although Zichengji is a comprehensive business, it does not operate in the financial industry. It is said to accept deposits for no reason. Who will be a customer?

"This is the advantage of our business of making jewelry and toys." Shen Fan said, "It is easier to get in touch with the family members of the inner house, and it is easier to absorb their deposits. The wives, young ladies, concubines of rich families, and even the slightly favored housemates Girl, I have some private money in my hand, and I want to use it to earn interest, as little as four or fifty taels, and as much as tens of thousands." He smiled, "If you are courageous and powerful in your family, you will lend money; but Loan lending needs to be handled by extremely reliable people, and it is inevitable to be exploited by the middleman, and things are easy to leak, so most of them like to store them in the cabinets of various big names."

After listening to Shen Fan's suggestion, Guo Yi was a little undecided-it is a good thing to have more money in hand, but the money in Guangzhou Station is not tight, and now that he has absorbed deposits for no reason, he will have to pay an extra interest expenditure.

"Proprietor, the benefit of taking deposits does not lie in our own use." Shen Fan continued, "Money in the Guangzhou market is sometimes tight and sometimes loose, and when it is tight, short-term lending is several times the interest! "

"This kind of lending, for a merchant like us with no roots, I'm afraid it's easy to borrow and difficult to get back." Guo Yi has been in Guangzhou for a few months and knows something about it.

"There is a second advantage here. They are all the family members of the rich officials and gentry," Shen Fan reminded. "Women's private money may be limited," Shen Fan said, "but once it spreads, others will I look at Zizhenzhai's skill and power differently."

Speaking of this, Guo Yi already understood that the absorption of this deposit will not only benefit his turnover, but also improve Zichengji's status in Guangzhou!Even if you don't use these deposits to turn around and lend money, you can still set up a protective umbrella for yourself.From this point of view, the interest rate of [-] cents a year is really not expensive.

Shen Fan took out a small booklet from his side and handed it to Guo Yi. Guo Yi took a look, and there were only some household names written in ink and regular script on the booklet: "Su Ji", "Jin Yan Zhai", "Run Ji" "wait.One point, almost 20 more.

"These are all the brochures recently received by the little ones and the family members who plan to open an account and deposit in Zizhenzhai," Shen Fan said. The account book has been opened."

"Who are they?" Guo Yi looked for a long time but couldn't find the names.

Shen Fan took out another small notebook, on which there were many symbols that only he knew. Guo Yi knew that this was a kind of commercial code, similar to Suzhou Code.The records are all things that cannot be "sunshine".The accounts of the transactions, the names of the contacts, and the birthdays of the senior officials and his old lady, wife, concubine, son, and lady, I opened it at this time to take a look.Said: "Most of them are the treasured relatives of officials and gentry families. I will copy a list later, but this list must be kept secret—"

"I know that." Guo Yi thought that since it was private money, privacy was very important.Unexpectedly, our country had anonymous deposits in the Ming Dynasty, and it was really at the forefront of the world.

"With these twenty or so discounts, you can probably receive 1 taels of silver." Shen Fan said, "This deal is very good. If there are no major changes, it is generally just interest without moving the principal."

But after all, this matter is too much movement, and it also involves financial business.The three people at the Guangzhou station thought about it for a long time, and decided that it would be better to explain the plan face-to-face and get approval when submitting the report to Lingao every quarter.But the money delivered to the door was not accepted, and it seemed that he could not continue, and he was suspected of offending the customer, so he agreed with Shen Fan to absorb this batch of deposits first, and agreed that the annual interest would be [-] cent and [-]%, and the interest would not be changed on a monthly basis. .

That's how things were put on hold.Until recently, the crowding out of the Leizhou Sugar Industry made the originally loose money suddenly tense, and this project, which was originally just icing on the cake, suddenly became meaningful.Guo Yi felt that it was not too late, and immediately mentioned it on the meeting table of the Executive Committee.

After reading the whole report, Wu De finally felt relieved. He originally thought that Guangzhou Station was planning to engage in some kind of financial industry—Wood had a natural sense of fear for such things—now it seems that it was just a preparation for Guangzhou Station. "Illegal fundraising", the interest rate seems to be higher, but it is a good way to alleviate the financial tension in the foreign trade department when doing business, and the turnover is not working.Although he inevitably thought of the risk of bank "runs" often seen in business war novels.After weighing again and again, he decided to support the Guangzhou Station on this issue.

After sending out a telegram on Dengyingzhou, there was nothing to say all the way, and the ship finally arrived at Hai'an Port on the morning of the fifth day after departure.As soon as the ship entered the port, Wu De sent people to the South China Sugar Factory to see how the situation was. There was no instant communication between them. jaws of death.

The person sent out turned around in a short time, saying that the gate of South China was still crowded with people, but it seemed that the sugar sale was still going on, and nothing unusual was seen.Wu De knew that the capital chain in South China was not yet broken, so he felt relieved, and ordered the people on the boat to loosen the outside and tighten the inside to prevent someone from causing trouble or damage, changed his clothes, and prepared to go to South China in person to discuss the delivery Silver thing.

Wu De's estimation is not bad. The South China Sugar Factory's funds have indeed not dried up, but it is not far from it.The night before Dengyingzhou arrived, the amount of silver deposited had been reduced to less than 1000 taels.According to this number, it is a question of whether you can survive the next day.All the people in South China became ants on the hot pot. Several people discussed and discussed over and over again, but they still couldn't come up with a charter.

Wen Tong desperately hoped that Chang Shide, who went to Champa to sell rice, would come back quickly. If he brought back a boatload of rice, he would be able to get tens of thousands of silver as an emergency rescue. Got the audio.After waiting for several days, someone from the executive committee came, but they didn't bring the urgently needed money, only a radio station.This made Wen Tong almost desperate, what use could the radio station do?Fortunately, it didn't take long for the news to come: a ship has been sent to Guangzhou Station to pick up the silver.

5 taels is still a long way from the safe level, but for Wen Tong and the others, it is a day-to-day struggle right now, and the transfer of [-] taels will give them at least ten days of buffer time.

But when the silver will arrive has become an unknown.Seeing that the deposits are decreasing day by day.To be on the safe side, they also thought of various methods during the period: Liao Dahua and Liao Daxing both tried to go out to the market and try to adjust some positions for use, but the harvest season in Leizhou has always been a time of extremely tight money, and all shops can't adjust their positions. The only one who has a large amount of cash is the sugar store under Haiyi Hall. In order to buy sugar goods, they have saved hundreds of thousands of silver early on.Asking them to borrow money is tantamount to seeking skin from a tiger.

But they couldn't hide from anyone that they went out to transfer positions. For a while, there were rumors everywhere that the newly opened South China Bank's money was tight, and it was afraid that it would be bankrupt soon.As soon as the news spread, the sugarcane farmers who had settled down a little bit started to stir up again. Even in the middle of the night, some people were rushing to sell sugar.The loss of money is even faster.

Wen Tong was so regretful that he would have died if he had known that he would not have let the Liao family brothers go out to adjust their positions. They didn't get any meat, but they caused a lot of trouble for nothing.This is tantamount to showing all his cards.If Deng Yingzhou has not arrived, the situation in South China may be difficult to deal with!

As for foreign business travelers like Xiao Gui and Mei Lin, there was nothing they could do.Seeing that the situation was about to deteriorate, Chen Tianxiong said: "What is happening now is neither broken nor established. I am afraid that we will be squeezed out of here if we don't use some extraordinary measures!"

(End of this chapter)