Chapter 1323: Crazy Rubber Stocks

Today, the price of rubber has risen to 160 pence per pound, equivalent to 1,468.3 pounds per tonne, which means that the annual output value of Hongni Company, which owns 80,000 hectares of rubber plantations, has reached 58.73 million pounds. This number, like Scotland's Ben Neves Hill, weighs on the hearts of all the bankers in London's financial circles.

Think about it, this is only the output value of Hongni Company in one year, so if it is accumulated in eight years and ten years, oh my God, I don't know how much wealth it should have. And this is still the first rubber plantation of the Hongni company, but the Hongni company has said that their prospects are gratifying, as long as there is money to invest, in the near future, the rubber plantation will be expanded to 120,000 hectares, or even 200,000 hectares. You must know that the entire East Indies and the Malay Peninsula, Vietnam and Qiongzhou and other places, but there are countless tropical rainforests, which are really being developed, as long as Hongni Company invests in them, it can become a broader rubber forest. At this time, how much wealth should we have? It's exciting to think about!

In addition to Honny, other rubber companies in London have also skyrocketed in valuations. But their valuation is just a small sparrow compared with the wealthy Hongni company, and the so-called stock is to buy the leader, and it must be the most appropriate to invest in Hongni company.

It has been rumored that Hongni seems to have a very strong background and influence, can continue to expand the rubber plantations it operates, and has several new rubber technologies in its hands, and in addition to the rubber needed by the Chinese Empire, he is also an indirect supplier of rubber to many other countries.

In addition, Lloyds Bank and Barclays Bank, under the liaison and coordination of Sandersonny, both stood up for the company, and were willing to make a credit guarantee for the shares of the company, claiming that they could directly use the shares of the company as a large amount of direct collateral for loans and other businesses. As a result, the company's credit is stronger and the value of the stock is more secure. In short, buying shares of Hongni's company is immeasurable.

With this in mind, almost all of London and even all of Europe fell into the euphoria of rubber stock speculation. The share price of Hongni Company has risen from 100 pounds per share in the autumn of last year to 180 pounds at the end of the year, and now, it has risen directly to 934 pounds per share, almost 9 times more!

From prominent aristocrats such as Chancellor of the Exchequer Benjamin Disraeli and the Marquess of Salisbury such as Robert Arthur Cecil, to the editor-in-chief of The Times, John? Dyrene, Manchester textile merchant Titus Salter and other well-known figures of industry and commerce, down to the servants of aristocratic families, common people and even craftsmen, have joined the rush to buy the shares of rubber companies, especially the 500,000 shares of the Honny Company, which are rarely seen in circulation in the market, and are difficult to buy without a high price.

It was against this background that Queen Victoria, at the instigation of Chancellor of the Exchequer Benjamin Disraeli and the Marquess of Salisbury, pledged the royal family's funds and a castle in Oxfordshire, as well as three estates and several hunting grounds, to buy 10,000 shares for a total of £3.5 million.

The Chancellor of the Exchequer, Benjamin Disraeli, entered the rubber market earlier, in addition to the rubber stocks of some other small companies, mainly concentrated in the Honny Company, at the price of 180 pounds per share, he pooled his family property to buy 500 shares, and then the daily skyrocketing Honny shares, he was ecstatic, suffering from lack of funds, he used his position to borrow 175,000 pounds from Liru Bank, and bought another 500 shares, making up 1,000 shares. When the price of Honny's shares rose to £500 per share, Benjamin Disraeli regretted it, he hated himself for being too timid to buy more, but fortunately it was still too late at this time, so he mortgaged one of his small estates, and then discounted the original 1,000 shares of Honny shares to Lloyds Bank at a 6% discount as collateral, borrowed 330,000 pounds, and a few days ago, bought 625 shares at a price of 528 pounds per share, and then re-mortgaged the newly bought 625 shares at a 5% discount, borrowed money to buy another 175 shares, holding a total of 1,800 shares of Hongni Company including the mortgage. What made him sad was that the 625 shares purchased for 330,000 pounds were mortgaged and then after a new round of price increases, he could only buy 175 shares, which made him very tormented, but he was delighted to think that the shares of Hongni in his hand were still rising.

The Times' editor-in-chief, John? De Rayne was a very steady gentleman, but after seeing that Queen Victoria and the Chancellor of the Exchequer had bought the shares of the Honny Company, and had been profitable since they bought them, no matter how steady his personality was, he could not suppress his thirst for wealth, so he took out all his savings and bought the shares of the Honny Company categorically. Under his leadership, his subordinates, the editors and reporters of The Times, used their savings to buy stocks.

Manchester textile businessman Titus Salter was worried about the textile business when he was introduced by a good friend to buy 100 shares of Honny's company, and in just two months, he earned him nearly £20,000. This undoubtedly shocked him inexplicably. He felt that his previous days had been in vain: he had worked hard to open two textile factories, he had traveled back and forth between Manchester and London every week, currying favor with customers and government officials, and he had been so worried about his business that it was still declining, but he did not expect that the simple purchase of shares in the Honny Company would bring him such a huge profit! What other factories do you open, what kind of business do you do, and what customers do you please? The textile businessman who thought he had figured it out made a decision to sell the two textile factories in Manchester quickly, exchange them for cash and rush to London, and hurriedly bought the shares of the Honny company, even if the price was a little low because of the recession in the textile industry, even if the stock price of the Honi company has been a lot more open than before, it will not hesitate to do so, anyway, it will continue to rise, and it will soon be doubled again, and a little loss will not only be made up soon, but also doubled.

The other low-class hawkers, workers, and artisans, some of whom were lucky, although their families had little savings, only one or two hundred pounds, bought the shares of the Honny Company while they were still in their infancy, and held a share of the Honni shares, which had now earned several times over, but the greedy nature made none of them want to sell them, because the greater profits were yet to come. And some of the bad luck, it's not bad luck, it's just that they are not decisive enough, they didn't have much money at the beginning, and when the shares of Hongni Company rose to 300 pounds per share or 500 pounds per share, they hurriedly wanted to chase in, but they were not enough money, so they could only unite a few people to make up two shares together, and then go to the notary office to prove that each person held a fraction of the shares according to the money they made. Of course, there were also grooms, shavers, or servants and the like, who were poorer, but when they heard that the master's family had made a fortune by buying rubber stocks, and took out what few pounds or a dozen pounds he had left, Honny could not afford them, and did not want to join in, so he bought the low-denomination shares of other rubber companies.

These are not the only cases.

And whether it is a high-ranking nobleman who owns a few estates, a wealthy businessman who owns a mining factory, or a thrifty marketman, they are all crazy about the rubber stocks led by the Hongni Company.

As Prime Minister Gladstone, who is in a hurry, he has been busy with many major events such as the downturn in industry and commerce in the Kingdom of Great Britain, the decline of exports, and the chaos and confusion of war in Europe. Even, although he had heard Chancellor of the Exchequer Benjamin Disraeli talk about rubber and Honi stock on the sidelines of cabinet meetings, and had seen advertisements for Honny in The Times, he was not on his mind, so he never paid attention to it. Even if Benjamin Disraeli once half-jokingly persuaded him to buy some rubber stocks, he didn't care because his family was not very financially well-off.

And this time, Gladstone, after listening to what Benjamin Disraeli had to say, was stunned to learn that thousands of people throughout London, even the Kingdom of Great Britain and even the whole of Europe, had bought these Honny rubber stocks, and even Queen Victoria had spent a lot of money to buy Honny shares!

Then, very quickly, as the Chancellor of the Exchequer for many years, he quickly calmed down, and he immediately thought that this was a huge trap, a simple but tempting and cruel financial trap!

Gladstone glared at the Chancellor of the Exchequer, Benjamin Disraeli, wondering why the Chancellor of the Exchequer, who was famously shrewd and of Jewish descent, could be so stupid, and why he couldn't even see the trick when he had served as Chancellor of the Exchequer twice. But looking back at Queen Victoria, who was a little pale next to her, Gladstone couldn't say anything, maybe this is where this simple financial scam comes in, and the temptation to get rich stimulates you, so you don't want to think it's a scam at all.

"Your Majesty, this must be a financial scam!" Gladstone was not polite at all, and regardless of Victoria's expectant eyes, he tore her only hope to shreds, and asked directly: "How much money did you invest in that Honny stock?" I'll do the math to see how much I'll lose! ”

"I put it in in the spring, and it was £3.5 million! This, this is all the liquidity that the royal family can muster, and I even mortgaged some real estate! Victoria didn't have a trace of blood on her face, her somewhat bloated body was trembling slightly, although she suppressed it with all her might, but such a huge loss was enough to make her break her muscles and bones, and the heavy loss was so heavy that she couldn't bear it, she could only ask unwillingly: "What about the market value of 9.3 million pounds last week, even if it falls, it won't lose much, it's a big deal to make less." ”