0043 A new beginning
On July 29, it was a new Monday, and when it was close to nine o'clock, the New York Stock Exchange on Wall Street was already crowded.
"You have only ten minutes, Mr. House," said a policeman in charge of the order of the stock exchange, who was making final negotiations with the fat House, by the post above the steps, "and your activities must be over before 55 minutes." ”
"Okay, okay," said House, dressed in a new blue suit, smiling as he stood in front of a red silk ribbon with his stomach blush, "and we'll be over soon." ”
"Don't get us in trouble," the policeman looked at him and gave him one last rebuke before turning away.
"Alright, Mr. Adair, we can get started," Howes glanced at Martin, who was standing aside, before turning to look at Adel hiding by the post, and smiled, "We have to hurry." ”
Adair shrugged and stepped forward, standing side by side with House.
Today is the opening day of the new week on the New York Stock Exchange, and at the same time, it is also the day that Addell's stockbroking firm and the Manhattan Commercial Bank have reached a short-term loan line of credit authorization. Considering the astonishing profitability of Adair's stock speculation, the Manhattan Mercantile Bank, after more than a day of consideration, made an exception to grant him a 15-fold short-term credit authorization, in other words, as long as Adair invested $10,000 in the New York stock market, he could obtain a loan of up to $150,000 from the Manhattan Commercial Bank for three months through a credit facility.
Of course, this kind of credit is actually what later generations called financial leverage, and Adair can only operate the loan on the New York Stock Exchange, but cannot convert the loan into cash. To put it bluntly, after the signing of such an agreement, there are three partners involved in the agreement: Adair's brokerage company, the New York Stock Exchange and the Manhattan Commercial Bank, the Manhattan Commercial Bank provides credit guarantee for Adair's brokerage company, and under this premise, Adair actually invested $700,000 in the New York Stock Exchange, and the stock exchange tacitly acquiesced that the upper limit of the amount of funds he can use is 10.5 million- Of course, this is only a theoretical upper limit, in fact, under normal circumstances, Adair will not be able to use such a large amount of funds.
In order to increase the visibility of loan customers and help them attract more private investment, the Manhattan Commercial Bank specially pulled Adair to hold such a credit ceremony in front of the New York Stock Exchange when the market opened on Monday. During this period, the bank will also hand over two stock exchange seat plates to Adair, with these two license plates, Adair will be able to trade directly on the New York Stock Exchange as a stockbroker, and in later words, he will become a VIP customer of the New York Stock Exchange.
Martin is excited today as the facilitator of this partnership, and of course, he has reason to be excited, because the success of this deal means that he will be able to get a large commission from it in the near future.
House is also excited, because in his opinion, if Adair can maintain his super high profitability, even if it can maintain it at 90 percent, or even more than 80 percent, he can add a lot of color to his work resume.
So, what about the mood of the third and most important party, Adele? He is very calm, no, it should not be said that it is calm, but it should be said that it is ...... Frequent distractions.
When House announced the success of the partnership to the crowd gathered in front of the stock exchange, Adair was looking up slightly, frowning at the not-so-open sky above the street.
Today's weather is very clear, in New York, this kind of sunny weather has been maintained for almost a week, however, clear does not mean that there is plenty of light, on the contrary, the sky is gray in New York today, and the cause of all this is not dark clouds that herald heavy rain, but dust from the northwest.
This is the second dust weather in New York in four months since the beginning of spring this year, the first time appeared in April, but at that time Adel was not the soul of the current picture, therefore, did not pay attention to this abnormal weather, but now the situation has changed, and now Adel from this not very strong dust weather, associated with a very serious problem, well, to be precise, is a very important opportunity.
In the memory of Adele's previous life, the United States in the 30s of the 20th century can be said to be a tragic mess, with the Great Depression, political chaos, high antagonism among all social classes, and the most serious natural disasters.
How serious were the natural disasters in the United States during this period? First of all, there was a drought, a large-scale drought, and this protracted and brutal drought covered the entire Great Plains of the United States, Kansas, Wyoming, Texas, Oklahoma, North and South Dakota, and almost all the important grain-producing areas of the United States were affected.
Second, there are the large-scale dust storms caused by drought and overexploitation, which have affected the United States for a decade. If he remembers correctly, the first large-scale sandstorm should be next year, in September 1930, when the sandstorm known as "Big Spring" raged for 27 days, turning more than 30 million acres of wheat fields into sand. The Great Plains of the United States has turned from a granary to a hell, from a kind mother to a murderous butcher, all green creatures have been buried in the dust, all livestock have died of thirst and choking, and a large number of Americans have contracted rubella, pharyngitis and even dust pneumonia in the dust.
Of course, Adel didn't have that kind of compassion, and the reason why he paid attention to the dust that suddenly fell on the heads of New Yorkers was just to find a business opportunity in it. He thinks that in the short trading of the New York stock market, that is, after the stock market crash, he may be able to choose an appropriate time to enter the futures market and long corn futures in September next year, which will definitely contain a lot of profits.
Of course, if you want to continue to make a difference in the stock market, you can also invest in some pharmaceutical companies, people are sick, they always have to take medicine, and the more people who are sick, the more potential the stocks of pharmaceutical companies have.
While he was thinking about it, the ceremony presided over by House was also coming to an end, and a large sign with the peace agreement written on it was handed to Adelle, who, at House's request, held the sign in one hand and shook it with the other, and then the two stood side by side, facing the bottom of the steps, to be photographed by the photographer.
"Mr. Adair," House said with a smile as he leaned into Adair's ear to the sound of the spotlight, "and now that we're real stakeholders, I'm here to wish you even more success." ”
"Thank you," Adel smiled and nodded at the presumably obese fellow, accepting his blessing.
At this point, the ceremony came to an end, with the people brought by House removing the red silk and billboards, and the staff of the stock exchange opening the closed door, and the shareholders who were crowded in front of the door rushed in.
Because of their position, Adair and House were the first to enter the stock exchange, they walked at the front of the flow of people, and after entering the hall, they did not go directly to the counter area, but like everyone else, they stood quietly in the empty space of the hall and saluted the position of the boss on the second floor.
On the balcony on the second floor, there stood a tall white man who was a little overheaded, this person Adair knew, of course, but he knew people, and people didn't necessarily recognize him. That person is Richard Whitney, the current acting president of the New York Stock Exchange, who will preside over the bell-ringing ceremony for the opening of the stock exchange today. In Adele's memory, in another year or two, the "hero" who saved the entire stock market during the stock market crash last year will be sentenced to prison two years later for embezzlement of other people's money.
In the eyes of countless people, the smiling Richard rang the opening bell, and as the bell landed, the originally quiet stock exchange hall instantly became noisy.
Adel didn't stop in the halls, he followed House who led the way straight into the Blue Room and took the seat allotted to him.
Neither in his past life nor in this life, Adair had never had the experience of speculative trading in a dedicated seat in the Blue Room of the New York Stock Exchange, so everything here was foreign and new to him. Fortunately, the stock exchange provides a full range of services for all members who rent seats, and Adair does not even need to bring assistants, and the stock exchange provides a 9-person service team for customers with each seat, including trading assistants and traders, as well as two handymen, when Adair is engaged in trading activities, this team is responsible for circling around him and operating transactions according to the instructions he makes.
For Adair, from the moment the opening bell of the stock exchange rings, today's day's work has begun, and he must get into the groove in the shortest possible time and start making the first trade decision, otherwise, every minute of delay is a minute of loss.
Before leading Adel to the dedicated seat, House did not leave directly, but chose to wait there and watch Adel make a trade.
Bypassing the partition in front of the seat, Adair walked directly to the only chair behind the seat and sat down, and then stared at the automatic quotation sign on the wall more than ten meters away.
"Give me the data on the stock price changes of Chase Nationals last week," Adair said after looking at it for about 3 minutes, choosing the first target of the day, holding his chin with one hand and not looking back.
The young trading assistant with a ponytail on the back of his head quickly found a piece of information and placed it in front of Adel as quickly as possible.
"Chase National, buy at 15,104.32," after a quick glance at last week's data, Adair gave the first trading order.
The trading assistant quickly turned around and made complex gestures in the direction of the trading desk...... Today, Adair's first deal begins.
(It's the first time to write a novel with this theme, and it's foreign, so it's inevitable that there will be some bugs, so please bear with me.) In addition, ask for recommendations, ask for collections, and please don't say that we are TJ pigs. )