Chapter 346: Not optimistic

At the entrance of Tong'an Street, Zhang Weiyun saw the long and conspicuous official sedan chair as soon as he got off the sedan chair, and he was secretly surprised, looking at this formation, all the officials in Guangzhou City seemed to be coming, this movement was really big enough, and then looked at the Tong'an Street that was crowded, he couldn't help beating the drum in his heart, how can this get in?

"Nanshan Gong is also late?" With the words, Lin Botong and Liang Tingfang walked over slowly, and Lin Botong said with a smile: "I didn't expect that there would be such a big movement when a stock exchange opened." ”

"The world is bustling, all for profit." In the supervision of Yuehua Academy, Lin Zexu's staff, Liang Tingfang, pointed to the crowded Tong'an Street and said: "Yuanqi's issuance of treasury bonds is a nine-fold discount. ”

"It's not just profitable, it's famous." Zhang Weiyun said: "The old man is not for this idea, but for the word 'patriotic'. ”

The purchase of treasury bonds is a patriotic act, is for the monarch to share worries, for the country to express difficulties, this is the "Xiguan Daily" to promote the propaganda slogan of treasury bonds, listening to this, Lin Botong, Liang Tingfang are all laughing, Liang Tingfang said: "If you come, you will be safe, Yida shopkeeper invited us to come, and it is not our silver that we like, but our pen." ”

Zhang Weiyan said with some difficulty: "How do you get in?" ”

Liang Tingfang arched his hand and said: "The official sedan chair of Lin Butang is here, the two of you will wait for a while, and go down to find a few officials from the Governor's Mansion to open the way." ”

In the deafening sound of firecrackers, Yi Zhizhi accompanied a group of civil and military officials in Guangzhou into the trading hall of the exchange, the hall was wide and bright, and each column in the hall was hung with eye-catching red cards, which read, treasury bonds 001, the current price of 1 yuan.

The minister of the Qin Mission, the auxiliary state minister, pointed to the red card and said, "What does this mean?" ”

"Hui Fu Guogong." Yi Zhishu said with a smile: "Treasury bond 001, this is the number, and the treasury bonds issued in the future will be numbered as 002,003 in order." The current price is one yuan, which is the price of the treasury bond on the same day, which is convenient for people to buy and sell according to the price. ”

"Look at the "Xiguan Daily" Treasury bond 001 is a nine-fold issuance?" Mian looked at him and said, "Doesn't this mean that you can make a profit as soon as you buy it?" ”

"That's the truth, but if you have to sell, someone buys it, and you can only make a profit if you sell it."

"What if no one buys it?"

"There are sellers but no buyers, prices fall, there are purchases but no sales, prices rise, and the fluctuations in the price of treasury bonds and the range of fluctuations are determined according to the proportion of buying and selling."

"What happens if no one buys it?"

"Fall! Fall into a piece of waste paper. Yi Zhixiang said with a smile, "However, it is impossible for this to happen, the national debt is guaranteed by the credibility of the imperial court, and it will never fall into a piece of waste paper." ”

"Well said!" Mian said and asked, "How high can it go?" ”

"The highest price, of course, is the income of treasury bonds with interest." Yi Zhizhi said: "Treasury bond 001 is a five-year treasury bond with a monthly interest rate of 8%, and the maximum price will not exceed one yuan and a half. ”

Qi Shan, who had been twisting his beard and not saying a word, said at this time: "The price of treasury bonds should be very stable and there will be no big fluctuations, right?" ”

"Qi Zhongtang Mingjian." Yi Zhizhi said: "The price of treasury bonds generally does not fluctuate, unless a war breaks out that threatens the survival of the Qing Dynasty, there will be no major fluctuations, but there will be small fluctuations before and after the interest is paid." Yuanqi launched this treasury bond at a 9% discount, but if you buy it, it can be said that you will make a steady profit, and the price will rise slowly, and there may be almost no fall. ”

"You all understand." Qi Shan smiled: "Then let's start buying, don't delay Yuanqi's time, there are many people waiting outside to buy treasury bonds." ”

"The imperial court issues treasury bonds, and we, as court officials, naturally have to actively support it" Fu Guogong raised his voice and said: "I'll buy 5,000 yuan!" ”

"Benjue Pavilion also buys five thousand."

The two Qincha both bought 5,000, which was equivalent to setting the tone for the officials, Yi Zhizhi breathed a sigh of relief in his heart, this amount is neither high nor low, it is enough for publicity, and immediately stretched out his hand and said: "Ladies and gentlemen, please go to the counter to trade." ”

A group of officials, large and small, bought treasury bonds and left, Yi Zhizhi gave an order, opened the door, and welcomed everyone to enter the stock exchange, whether they came to buy treasury bonds or came to see the excitement, they immediately poured in, fortunately, there were men all the way to maintain order, although there were many people, but not chaotic, before the tea effort, the trading hall of Nuoda was crowded, a buzzing discussion, some asked about the purchase process, some inquired whether the treasury bonds were insured and profitable, and some asked about the trading rules.

A group of merchants, the shopkeeper of the West Ticket, the silk merchants, and the shareholders of Yuanqi took the lead in queuing up and began to buy enthusiastically, the entire trading hall was busy, seeing this lively scene, Yi Zhixin couldn't help but breathe a sigh of relief, the hard work of these months was not in vain, and he was about to go to the backyard to smoke a cigarette, a guy quickly greeted him, and said: "The big shopkeeper, someone asked to see." He handed over the post.

Seeing that it was Zhang Weiyun and the three of them, Yi Zhizhi nodded and said, "Please ask them to go to the living room at the back, and I will come later." ”

After smoking half a cigar in the backyard, Yi Zhizhi slowly walked into the living room, and as soon as he entered the door, he smiled and said, "I can't pull away today, I can't meet the three of you, I hope you will forgive me." ”

Zhang Weiyun didn't say anything polite to him, and asked directly: "How can a stock exchange make such a big pomp?" ”

Liang Tingfang said with a smile: "The shopkeeper of Yida has always taken one step and looked at three steps, this exchange is not just for the issuance of treasury bonds, right? ”

"It's not just for fame, but also for fame." Yi Zhizu said and sat down directly, and said slowly: "The exchange is not only trading treasury bonds, but also issuing various securities in the future. ”

"Issuing various securities?" Zhang Weiyun said: "What other securities does Contentment plan to issue?" ”

Yi Zhixiang smiled and said, "Stocks, such as railway company stocks, if you want to build a railway from Guangzhou to other provincial capitals, or even a railway to Beijing, you must issue shares to raise funds. ”

It was the first time the three of them had heard of the word stock, and Zhang Weiyan hurriedly stretched out his hand to interrupt him and said, "Can you be content in detail?" ”

Groaning slightly, Yi Zhizhi said: "You are familiar with Yuanqi, let's take Yuanqi Bank as an example, Yuanqi Bank issued 10 million shares, you sold Yuanqi's shares, it is Yuanqi's owner, the stock in your hand, you can get Yuanqi's dividends every year, of course, stocks can also be freely traded on the exchange." A detailed introduction to the stock will be published in Xiguan Daily in due course. ”

"I'll just say it's not going to be that simple." Lin Botong said with a smile: "Contentment is an opportunity to issue treasury bonds, which paves the way for Yuanqi's future expansion." ”

"The opening of the exchange is not just for the development of Yuanqi." Yi Zhizhi said: "It can be said that it is for the imperial court, for all the gentry and businessmen who are interested in starting an industry, our Qing Dynasty's finance is very underdeveloped, and the loan interest is too high, which is not conducive to the large-scale establishment and development of industry, just say that the railway, the return of the railway is large, but the investment cost is also large, if it cannot absorb the idle funds of the people, it is difficult to complete the construction of a railway independently with the strength of Yuanqi."

In addition to railways, large-scale mines, such as Changhua Iron Mine, need to invest millions or even tens of millions, large steel plants, large machine factories, shipyards, military factories need to use the platform of the exchange to raise funds, in addition, some small livelihood factories, such as water plants, watch factories, processing plants, farms, glass factories, cement factories and so on also need to raise funds through the platform of the exchange. ”

Listening to his words, the three of them were stunned and couldn't react, but they had already realized that this exchange was not simple at all, and after a while, Liang Tingfang said: "In other words, this exchange is mainly to raise funds?" ”

"Of course it doesn't stop there." Yi Zhizhi said with a smile: "The exchange is not only a platform for raising funds, but also a platform for financial investment. The rampant trade in chips and the serious loss of silver are really just appearances.

Our China, since the Ming Dynasty, foreign trade has been in a position of transcendence, it can be said that in the past three or four hundred years, most of the silver mined in the world has been flowing into our China. How many years has the piece trade been, and how much silver can flow out? It's not that we don't have silver in China now, but most of the silver sleeps in the underground silver cellars. ”

Zhang Weiyun stroked his long beard and said with a smile: "What does contentment mean, do you want us to appeal?" ”

"Chinese people like to store silver, and this concept cannot be reversed in a moment." Yi Zhizu said slowly: "You are all seniors of Guangzhou College, and I not only hope that you can appeal in the Xiguan Daily, but also hope that you can influence the gentlemen and students of the college." ”

"Contentment is farther than we all think." Liang Tingfang said with a smile: "This year's class of students going out is much stronger than our appeal in the "Xiguan Daily". ”

After glancing at the three of them, Yi Zhizhi said slowly: "Several colleges in Guangzhou have always advocated the application of the world, and I suggest that the college must attach importance to financial and economic education, and financial economy is indispensable for enriching the country and strengthening the army, developing the economy and developing the industry. ”

Zhang Weiyun said with a smile: "Contentment, do you intend to come to our college to give lectures?" ”

"I'm just scratching the surface of it." Yi Zhishu said with a smile: "However, I can provide teaching materials for the college, hire foreign gentlemen and provide translations, and the "Wealth of Nations" published in the "Xiguan Daily" some time ago is actually a good teaching material. ”

"I've noticed, and it's really interesting." Liang Tingfang said: "In my spare time, it is not unhelpful for students to take a look. ”

Yi Zhishu said with a smile: "Since this is the case, Yuan Qi printed a batch of translations of "The Wealth of Nations" and presented them to major academies. ”

At four o'clock in the afternoon, the exchange closed and began to conduct a tense inventory, Wu Qijun, Yi Zhicontent, and Wu Changqing, the left attendants of the household department, sat in the backyard and waited quietly. ”

Sell more than 5 million in half a day? Wu Qijun was secretly shocked in his heart, Yuan Qi's ability surprised him again, so it seems that 10 million taels of national debt, for Yuan Qi, is nothing at all, he immediately smiled and said: "It is said that the two rivers are rich in the world, it seems that Guangdong is really rich in the world." ”

Yi Zhizu frowned and slowly shook his head, and said, "My lord, this situation is not optimistic. ”

"Not optimistic yet?" Wu Qijun said with some surprise.

Yi Zhishu nodded and said, "10 million taels of treasury bonds, about 14 million yuan, were only sold for 5 million yuan on the first day, which is only more than 30%. As he spoke, he looked at Xie Xiuyuan and said, "How many people have bought more than 10,000 yuan, and who are they?" ”

"Go back to the treasurer." Xie Xiuyuan glanced at the statistical table in his hand and said: "More than 10,000 people, a total of 112 people, are all thirteen merchants and silk merchants in Shunde, Nanhai, Xiangshan, and Sanshui, and then there is the ticket number of the West Ticket." ”

Hearing this, Wu Qijun was silent when he boarded, except for the West Ticket, those people are the owners of Yuanqi, and there are only a few West Tickets, to put it bluntly, it is Yuanqi's own people who are buying, don't think about it, he also knows, this is Yuanqi's main capital.

Xie Xiuyuan said: "Big shopkeeper, time is limited today, and when the door closes, there is still a long queue. ”

Yi Zhizu shook his head slightly, although it was only half a day, but this half day was the two groups with the most abundant funds in Yuanqi, although there were many people behind, but the strength of the purchase was incomparable, however, the popularity could still be maintained, thinking of this, he said slowly: "Tomorrow and the next two days, we must maintain enough popularity, and tell the factories below to prepare, no matter how much or how little they buy, the exchange must maintain a hot scene." The day after tomorrow, the sale of treasury bonds was stopped, and all the public announced that the treasury bonds had been sold out. ”

The few people present listened to it, Wu Qijun was puzzled but it was not easy to ask, Wu Changqing urged: "Then what?" ”

"Then you have to ask?" Yi Zhizhi said: "Naturally, it is to raise the price. ”

Wu Changqing said puzzledly: "Can you still sell it if you raise the price?" ”

"You saw it today." Yi Zhizu said slowly: "There are many people who come, which shows that there are many people who are interested in national bonds, and the reason is very simple, because it is profitable." But treasury bonds and stock exchanges are new things, people are not familiar with it, we have to help them get familiar with it, and by the way, stimulate them and stimulate their desire to buy. ”

Xie Xiuyuan said: "In this way, the price increase should not be too large. ”

"Of course." Yi Zhizhi said: "Financial speculation, we must grasp the psychology of the public, the increase is large, it is easy to cause people to continue to wait and see, the specific increase, depending on the sales situation in the next two days." (To be continued.) )