Chapter 518 Grain Futures

Zhu Guoci and the others were in the teahouse, and after listening to it for a while, their faces had changed greatly.

They were able to keep food prices down in the past, but they were able to get two things right. The first is that in order to pay taxes and buy salt and other necessities, after receiving grain, the people must sell it. The second is that as long as the grain numbers of each family form a tacit understanding, they can push down the price of grain, and the people have no other channel to make a move, but to accept their price, because they have mastered the channel.

Now the people have one more choice, they can sell to Gao Yihuan's military government, and after the military government monopolizes the grain, the grain in the market is controlled by the military government, and the situation is completely different.

In a bumper harvest year, when grain increases and grain prices fall, the military government can reserve grain at a guaranteed price to stabilize grain prices and prevent the people from suffering losses.

In a year of famine, food decreased, and the junta was able to liberalize supplies and prevent food prices from skyrocketing.

Externally, because the military government controls the grain trade and monopolizes the supply of grain, the grain merchants who come to buy grain from all over the country have completely changed their pricing power in the face of the military junta.

The people are scattered, and when facing the merchants, they belong to the weaker side, and the merchants give a price, and this one is not sold and that is sold, plus they have no other channels, and there is no capital to consume with the merchants, so the pricing power is in the hands of the merchants.

Unless it is a year of famine, when merchants are fighting among themselves, they are rushing to buy grain, and there will be a change.

Now that the grain trade is controlled by the junta, the businessmen have become the weaker party, and if they want to do business, they can only turn to the junta to buy grain.

In the city of Yuezhou, in a house, Zhu Guoci and others were discussing, and a businessman wearing a brocade robe suddenly walked in.

"How's it going, have you made inquiries?" Someone hurriedly stood up and asked.

The person who came first drank a bowl of water, and then said to Zhu Guoci: "Childe, the situation is not good!" Many of the grain merchants in Huguang who cooperated with us in the past were waiting and watching, and most of the grain was eaten by the military junta of Gao Jingzhong. The military government offered a guaranteed reserve price of 125 yuan, and below this price, grain could not be bought in the market. ”

Zhu Guoci frowned, "Then we can collect it ourselves with one or two or five dollars of silver per stone?" ”

Up to now, Zhu Guoci doesn't think about pushing the price of grain down to seven yuan, one or two five dollars of silver is one or two five dollars, and it can be shipped back to sell at a high point.

"This is not good, it must be a grain number registered with the military government in order to collect grain in the province. Moreover, even if we collect it, we will not be able to transport it, and the military government has stipulated that all grain that goes out of Huguang needs to be traded on the exchange, and the grain merchants in various localities will bid for it, and finally the grain merchants with the highest bid will receive it. In other words, we have collected grain in Huguang, and after putting it on the exchange, we may finally let others buy it. ”

Zhu Guoci's face was stunned for a while, and he suddenly became a little angry, "Grain is traded on this exchange, Gao Jingzhong still has to collect taxes!" ”

"Yes! Not only do they have to collect taxes, but if they want to buy grain in Huguang, they must also obtain vouchers, otherwise they will not be able to participate in the bidding. ”

Zhu Guoci was shocked, "Gao Jingzhong is really a fucking talent!" Say, how do you get this credential? ”

Zhu Guoci fanned the fan and seemed to see through everything.

"The official of the exchange said that this certificate is called a market access certificate, and that a certain amount of military government bonds must be purchased before you can participate in the bidding for grain trading," the visitor said. ”

"What are junta bonds?" Zhu Guoci had a gloomy face, and there were so many high-quality and loyal halls.

"Childe, this bond is equivalent to Gao Jingzhong borrowing money from grain merchants. Each bond, worth 120,000 taels, is given a fixed term and a certain amount of interest, after which the bond can be used to get back silver, or the equivalent of grain. ”

"Whoever believes what he says is naked blackmail! I'll see who's going to buy his bond. "Zhu Guoci was angry, he had to borrow money from Gao Jingzhong first to buy food, why was he so awesome?

Several businessmen on the side also scolded, Gao Jingzhong was crazy about money, and concluded that no one would buy Gao Jingzhong's bonds.

"Xi Niangpi, everyone doesn't buy it, look at how Gao Jingzhong ends!" Zhu Guoci was angry with Gao Jingzhong's shamelessness.

The merchant who came in said with a bitter face: "Childe, let's not buy it, others have already started to buy it, and they have begun to sweep away this year's grain, and they have all started to sweep next year's grain!" ”

"How is this possible? The autumn grain has not yet been planted, and you say that people are already buying next year's grain? Zhu Guoci looked stunned, full of disbelief.

The merchant explained: "The military government has created a kind of grain promissory note, each promissory note corresponds to a grain payment, and the grain merchant who gets the promissory note can bid for the promissory note, and the grain merchant who gets the promissory note can use the promissory note to pick up grain according to the time on the promissory note." In short, after the grain merchant gets it, no matter whether the grain price rises or falls in the future, as long as he has a promissory note in his hand, he can mention the grain. When the time comes, when the price of grain rises, they will not ask the grain merchants to make up the money, and if the price of grain falls, they will not refund the money to the grain merchants. In this way, if the price of grain is low now, the price of the promissory note will also be low, and if the price of grain rises in the coming year, the person who holds the promissory note will make a lot of money. ”

According to the grain reserves, the exchange can issue a part of the promissory notes in advance, and after the grain harvest is harvested, the reserves will be replenished. Some of the promissory notes are based on the grain stored by the military government, and some are the grain of the grain merchants in the province, in short, there must be a basis.

Everyone here is a businessman, and they are Jiangnan people, so they will understand it as soon as they hear it.

In fact, in Jiangnan, there are similar things, some merchants also give customers some cake rolls, grain rolls, customers pick up goods based on rolls, and some people fry these things, but no one plays Gao Jingzhong so big.

Zhu Guoci was silent, he had been impressed by Gao Yihuan's methods, and said half-loudly: "Has anyone eaten it anymore now?" Are they not afraid of high precision and loyalty? ”

The merchant said: "Ma Hongshan's group, as well as a few businessmen from Fujian, are all eating. Childe, to be honest, now that there are many wars, there is no place for food to sell. ”

"Ma Hongshan, this scum, will kill him sooner or later!" Zhu Guoci gritted his teeth.

The merchant continued: "Now many merchants are waiting and watching, afraid to eat this promissory note. Because there were few people competing, the price of promissory notes was relatively cheap, and Ma Hongshan and his gang were bold enough to eat most of the promissory notes in their hands and gather them. If other merchants want to buy grain, they can only buy promissory notes from them, and they can make a lot of money just by reselling them! ”

"Can this promissory note still be traded?" Someone asked.

The merchant replied: "The exchange only recognizes promissory notes, not people, and you can pick up grain if you have a ticket!" ”

Several people in the room couldn't help but look at Zhu Guoci, "Childe, what should we do?" ”

Grain is a necessity for the survival of the people, it is the foundation, and Jiangnan and Fujian have a certain food shortage, and they must buy grain from Huguang, so even if it is sold at a sky-high price, someone will buy it in the end.

Gao Yihuan opened an exchange, and did not raise the price of grain too high, he mainly earned handling fees and selling bonds.

Zhu Guoci's face was entangled for a while, and he suddenly shouted: "What else can I do, go to get a voucher immediately, and then eat the promissory note, resell it to the grain merchants behind, and everyone make money together!" ”

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(End of chapter)