Chapter 25: A Different Approach
By the time we entered February, the weather in New York was finally a little warmer.
During the month of early 1888, John was back in his busyness. Although he wanted to focus on the hospital, the listing of the New York Electric Company and the increase in production of Heinz Pharmaceutical Company could not be ignored, after all, the old Huntelaar was already a little old, and he couldn't be too tired after all, so John had to run around New York every day with his own Aurora.
But in February, he was finally able to get out.
The New York Electric Company was officially established, and the shares were clearly divided, with the Huntelaar family holding 29% of the shares, Tesla getting 11%, and the rest being divided between Morgan and his partners. With Tesla's complete technology and patents accumulated over the past few years, plus the $3 million in cash invested by Morgan, the news of the construction of three power plants of the New York Electric Company was soon published in major newspapers in New York.
Of course, none of the power plants are too large.
In fact, it is easy to understand that although New York now has a population of hundreds of thousands, its per capita income is still around one dollar a day, and few people can even afford to use the most basic electrical appliances such as electric lights; Second, with the current alternating current technology, the amount of electricity generated and the cost of power generation are also very problematic, so after careful consideration, Morgan and his family decided to build three power plants to supply electricity in the rich and commercial areas - for them, it is absolutely not a problem to spend money on light bulb lighting.
Three million is enough for Morgan to open branches in many places.
As for Heinz Pharmaceutical, it is even more smooth sailing, in addition to the sales of local anesthetics are not large, aspirin and sulfonamides almost instantly dominate the entire North American market! Although aspirin has encountered the sniping of old drugs such as antipyretic ice, it has excellent performance and mild adverse reactions, plus papers that pop up in academic journals every month. It is only a matter of time before the competitors are defeated and become mainstream. And sulfonamides have no rivals in this era, all Heinz has to do is to produce it and wait for others to buy it!
In just the second month of production, the sales of Heinz Pharmaceuticals North America exceeded $50,000!
"It looks like it should be more than $100,000 by the middle of the year."
Holding the company's February income statement while eating breakfast. Old Huntelaar nodded with great satisfaction, and his face almost smiled like a flower.
"There should be no problem."
Also looking at the letter that the butler had just brought to him, John said casually without raising his head: "Thanks to the reputation that several drugs have broken through in Europe, our drugs do not need to be advertised at all, and naturally a large number of customers will come to the door...... After all, it is produced in the United States, and the price is much cheaper than shipping it from Europe! β
"Hmm."
As for John's opinion, old Huntelaar naturally agrees very much.
In fact, in this era of expensive freight, it is very common to open branches in various countries, such as Edison, who often opened a dozen or even twenty branches. That is to say, the volume and weight of Heinz Pharmaceutical's products are not large, and the profits are too high, so there is no need to bother.
After putting the report in his hand aside, old Huntelaar saw that his grandson looked absent-minded when he was talking to him, and suddenly asked, "John, is this letter from Miss Brister?" β
"yes, yes."
John was slightly stunned and nodded quickly.
Speaking of which, it is also stained with the light of the ever-changing navigation technology. His correspondence with Anna now remains at least once a month, at least twice as long if it had been ten years ago. Sometimes John felt that he should invest in shipbuilding or navigation. After all, he knew how much the world would need ships in the coming decades......
Well, habitually far away.
"Is something happening over there in Berlin?"
Old Huntelaar narrowed his eyes slightly and asked lightly.
Since opening the letter just now, John's expression has always seemed to be not good-looking, and it is naturally impossible for the old Huntelaar, who knows his grandson very well, not to find it, so he couldn't help but ask with concern at this time.
John was slightly startled. Hurriedly shook his head and smiled: "Grandpa, it's not a big deal, it's just that what I studied in the past two years has caused some controversy, and it seems to be very heated in Europe recently...... It's just a purely academic controversy. β
"Oh? It's true? β
After hearing this, old Huntelaar glanced at his grandson with some suspicion.
Since returning to New York. The elder Huntelaar refocused his attention on the local news in North America, and usually paid little attention to the news in Europe except for his own industry. At his age, he no longer cares much about some novel news, and puts some energy on big news such as politics and the economy, not to mention any academic disputes.
After shrugging his shoulders, John didn't say anything more.
In fact, the matter is still the same as in Anna's last letter, and in recent times, the debate in Europe about whether blood type can be passed from parents to children seems to have become more and more intense. Because in just one month, there were two more tragedies in France, and the angry husband beat his wife to death on the grounds of infidelity......
"Sure enough, this kind of thing is indispensable in any era!"
After reading Anna's letter, John couldn't help but sigh secretly.
At the beginning, he only didn't dare to come up with this theory lightly, because he was afraid that this kind of thing would happen. It is not the 21st century, when the people are open and receptive, and the conservative Cheng DΓΉ in Europe in 1888 was not much worse than that of China, and if the men themselves were suspicious, but there was no evidence, the theory of blood inheritance provided them with an opportunity.
After all, there are a lot of rich people these days.
Don't look at the later generations, it's very easy to check the blood type, but in this era, it's not an easy thing, and it's okay to invite a pitiful number of professionals. However, in this era, the reputation of European high society does not seem to be very good......
"Let's see how it goes."
After secretly sighing again, John could only shake his head helplessly. It was absolutely impossible for him to come forward and deny his theory, but John had no intention of adding fuel to the fire, and he didn't even plan to mix it up anymore. Anyway, now that someone else is in New York, I'll have to think about it when things catch up with us......
While John was pondering, old Huntelaar took a sip of coffee and suddenly asked, "John, how is the hospital doing?" Still not many patients? β
ββ¦β¦ Of course not! β
John's face darkened, and he suddenly shook his head a little angrily: "Anyway, we have advertised so many times, and the reputation of appendectomy has also been played, how can there be no patients coming to the door?" Now there are several surgeries to be performed every day, and there are many more other patients, at least twenty or thirty......
As he spoke, John lowered his voice himself.
Heinz General Hospital now has more than 20 physicians, and the maximum number of patients who come every day is one per person, and most of them are surgical. For example, if you bump into a small injury or something like that, the only thing that is gratifying is that under the recommendation of doctors from Columbia College, patients who need to have appendectomy come to the door in an endless stream - one out of two patients they recommend is appendicitis, and the accuracy of diagnosis is quite good.
"Hehe, that's still losing money every day, right?"
After John finished speaking, old Huntelaar asked lightly with a wave of his hand.
"Uh......"
After hearing old Huntelaar's words, John's face darkened.
The old man doesn't open any pot and which pot is mentioned, in terms of Heinz General Hospital's current daily investment, not to mention twenty or thirty patients a day, even two or three hundred patients will lose money. After all, only appendectomy in the hospital now costs a relatively high fee, adding up to more than $150 per unit, but the cost of diagnosis and treatment for other patients is really not much. John has more than 100 people and maintains the operation of the hospital, and he has to throw in hundreds of dollars every day, which is really a big loss if it is a business!
"Actually, I think you could have thought differently."
Looking at John's aggrieved face, old Huntelaar couldn't help but be happy.
"Oh?"
John raised his eyebrows and asked, "Change your mind?" What do you mean? β
"I mean, you can get the most out of the hospital!"
Blinking, old Huntelaar smiled: "Of course, the advantage I am talking about is not your technology, but our Heinz pharmaceutical company......"
"What's the matter with pharmaceutical companies?"
John asked with a wink, puzzled.
Old Huntelaar patiently explained: "Now that aspirin and sulfonamides have opened up the market for doctors in New York, many patients must have used them, and I am afraid that more and more patients will need them in the future." Heinz General Hospital is our property, and I think you can use that reason to offer cheaper medicines in Heinz General Hospital, so that if you mention it when you advertise it......"
"Huh? That's right! β
When he heard this, John couldn't help but light up in the eyes.
In these years, there is no unified bidding for drugs, and the price of unified pricing is said, anyway, the prices of several drugs are almost all profiteering, and John can provide them at a relatively low price in Heinz General Hospital, so that it can naturally attract many patients to come in.
The more he pondered it, the more he felt that it was feasible, John couldn't help but nod vigorously and smiled: "Grandpa, although you don't know how to see a doctor, you are definitely a genius in this regard......" (To be continued......