Holding Martin's business card in his hand, Adel had a shallow smile on his face, but he was thinking about the situation at the Manhattan Commercial Bank.

The Manhattan Commercial Bank is a local commercial bank under the Manhattan Banking Company, not to mention the strength of the bank itself, let's talk about the Manhattan Banking Company to which it belongs. The company was built more than a century ago by the Manhattan Banking Company, which was the first bank on Wall Street by merging the First Bank of America, which was almost defined as the central bank of the United States.

In Adele's memory, in another twenty years, that is, in 1955, after World War II, the Manhattan Banking Company would merge with Rockefeller's Chase Bank to create the famous Chase Manhattan Bank.

It can be seen from this that the capital strength of the Manhattan Commercial Bank itself should be solid enough, and the short-term interest rate it is now investing in the market is 16 percent, which is not low, but it is not very high.

"Mr. Adair," Martin didn't know what was going on in Adair's mind, he briefly introduced himself, and then got straight to the point, "I've been watching your short-term operations in the stock market for the last few days. ”

Thumbs up his right hand, Martin exclaimed: "I have to say, your performance is very exciting, and the profit is rich enough, if there is any problem with your current operation, it is undoubtedly that the funds in your hands are not enough, which has become a bottleneck in your investment operation." ”

"Mr. Martin, we may sit down over there," Adair said with a smile, gesturing to his office.

"Oh, thank you," Martin bowed slightly, thanking him, and then, as he walked behind Adair to the office area, he continued his conversation, "If Mr. Adair knows anything about the Manhattan Commercial Bank I serve, you should know that the Manhattan Commercial Bank has been committed to providing lending services for stock market pitchers and brokers for the past five years, and our loan review conditions are the most relaxed, the loan procedures are the simplest, the service is the most accurate, and of course, the loan interest rate is not very high. ”

"Of course," Martin continued, "the most distinctive of our services is the investment advice and risk assessment mechanisms that are tailored to each loan client. The Commercial Bank of Manhattan has a consulting team of 40 experts, who will track and monitor the entire stock market around the clock, and the corresponding monitoring and evaluation data will be provided to the bank's lenders free of charge, so as to help our lenders avoid risks and expand profits. ”

Letting Martin to his desk, inviting him to take a seat, and beckoning a chorre to bring coffee, Adel walked across from the desk, moved a chair and sat down, looked at Martin and said, "Mr. Martin, you must know that my stockbroking company is not based on the name of the Manhattan Commercial Bank. ”

Hearing him say this, Martin knew what he meant, and he shook his head and smiled: "That's okay, Mr. Adair, although the Fed used to have a similar regulation, but today, not many people care about it. Of course, you can choose the bank that the company relies on for short-term lending, but you also have the right to choose a loan from other banks according to your own ideas and comprehensive considerations. ”

In addition, perhaps to reassure Adair, Martin adds, "The Mercantile Bank of Manhattan also has a dedicated team of lawyers who can provide litigation services to its clients in this area, and in the event of a commercial dispute in this area, our services will be free of charge." ”

"Mr. Martin, if," Adair said in his own words, "I mean, if I need to borrow money from your bank, how much will I be able to borrow?" Well, let's take a short-term loan for three months. ”

"Mr. Adair, this is not so easy to determine, determining the loan amount is a more cumbersome process, of course, cumbersome does not mean that it will take longer, the main thing is that we need to examine more content. Martin smiled and explained, "For example, we need your investment data for the last period of time, well, at least a week's worth of investments, and the amount of money you have in your hands and so on and so forth." You don't have to worry, you don't need to do any of this, you just need to provide us with your account opening information on the stock exchange. ”

"Probably, I need a rough statistic," Adair asked.

To be honest, Adel is in great need of funds now, even if it is a short-term loan with an interest rate of up to ten percent, as for the reason for this, it is very simple, as a stockbroker, he can only get greater gains in the current good stock market if he has more funds. The current New York stock market is not as flexible and advanced as later generations, and financial leverage is very complicated to use, and short-term lending is actually the leverage of this year, and it is also the earliest financial leverage.

"If Mr. Adel believes me, let me look at your trading books, and I can give you a rough estimate. Martin hesitated, but finally said.

It is very sensitive to look at the trading books of a stockbroking company, because this thing is a factor, and most stockbrokers will not disclose it to the public, as for the reason...... Quite simply, no stockbroker wants to let their investors know too much about a company's finances.

To Martin's surprise, when he made this request, Adel did not hesitate at all, and directly beckoned the handyman to bring a thick stack of account books.

"Mr. Adel can rest assured," looking at a thick stack of account books piled up in front of him, Martin rubbed his hands and said with a serious face, "I have professional ethics, and I will never disclose your company's transaction records to the public." ”

"I trust you," Adair said with a smile, "and I'm not worried about these things leaking out, because I'm also a stockbroker with a professional ethic. ”

Martin nodded, said no more, he opened the top of the account book, and began to flip through the pages, at the same time, holding a pen in his right hand, recording the profitability of each transaction of the company one by one.

Adair's company has not been open for a long time, and it is a little more than a week to complete the calculation, however, because Adair mainly does short-term operations, therefore, there are a lot of transaction data recorded in the account books, and there may be dozens of them a day.

There are many things in this data, such as the shares purchased in each transaction, the stock price at the time of buying, the stock price at the time of selling, the spread formed by buying and selling, the company's profit in this transaction, and so on.

Martin was more and more surprised, he found that in the past eight days, hundreds of short-term transactions, Adair's profitability is amazingly high, from beginning to end, the loss of transactions is only 11, and, because of the timely liquidation, these losses are not large, the largest loss is only a loss of $1,500.

Considering that the account books are provided by Adair, therefore, these data may not be completely reliable, but Martin believes that the possibility of these data fraud is not high, because it is completely unnecessary, after all, when the bank verifies, they will not look at the account books of Adair, they will get real and credible data directly from the stock exchange.

So, if all these numbers are true, Adel is a stockbroker who can no longer be as good as a lender if he continues to do so, and if that continues, he will hopefully become one of Wall Street's most sought-after gold pitchers, just like Thomas Lane and Bernard Baruch.

What is the loan amount of gold pitchers like Ryan and Baruch? Well, according to the Manhattan Mercantile Market's solicitation conditions, Ryan has 20 times the loan amount and Baruch has 25 times the loan amount. This means that if Ryan invests $10,000 in the stock market, he can apply for a loan of $200,000 at the Manhattan Commercial Bank, while Baruch can apply for a loan of $250,000 if he invests $10,000. Why? The reason is simple: banks and investors have confidence in them, and that confidence is worth that much money.

Yes, confidence, confidence seems to be an illusory thing, and it can't be grasped at all, but in the stock market, confidence is the most important pillar that supports a big bull market, and it is even more important than all data.

Looking at Adair's trading records, Martin also has confidence, he believes that if these data are not falsified, then one day in the future, this young stockbroker in front of him will definitely become a role that Wall Street investors are crazy to chase.

"Mr. Adair," said Martin, who had spent about half an hour looking through all the books, rubbing his eyes, looking at Adal, "before making a final estimate, may I take the liberty of asking you a question?" ”

"Of course," Adel said, nodding.

"I've roughly calculated your investment," Martin said, "and you've put in the stock market for about $350,000 to $400,000 in the last week, is that all the money you can control?"

"No, of course not, I still have $300,000 in stock," Adair laughed, "It's Texas Oil Company stock, I've been holding it for six days, and I'll probably get rid of it the next morning." ”

Texas Oil Company Martin instinctively glanced at the automatic quotation board, unfortunately, there is no stock data for this company, but in his heart, Martin has an impression of this stock, because since last week, this stock has begun to climb rapidly, on Monday, the price of this stock rose by $19.73 in one day.

(I'm done with things at home, and I'll start updating normally today, and it's more secure to have two a day.) In addition, I ask for a recommendation, I ask for a collection, thank you. ）