"Our firm has made a lot of money in the past few months, but all we earn is foreign goods such as foreign cloth and cotton, which are stored in warehouses or warehouses.

On the whole, the firm now has 900,000 yuan worth of foreign goods in its hands, which is calculated according to the price purchased from foreign merchants, of which more than eighty percent are foreign cloth;

In addition, the bank also has some payments to pay, some time ago when the funds were tight, and borrowed money from the bank, this money is about 400,000 yuan, but it does not need to be paid in a lump sum, but it has to be paid in several months.

Now, we have less cash in our account, originally about 30,000 yuan, and today we have given out about 25,000 yuan, but the cost of foreign goods entrusted to Suzhou and local warehouses to sell will also be sent in the next few days, and we should be able to fill this hole.

All in all, the firm made a net profit of more than 500,000 yuan in less than half a year, and even if the turnover was a little tight during this period, it was completely able to cope with the past. Shopkeeper Lu said in conclusion, not without pride.

In fact, the shopkeeper Chen has been dealing with funds, and he was surprised by the development of Dagui Commercial Bank from March to August, earning at least 500,000 yuan of silver dollars in less than half a year, well, more precisely, foreign cloth worth 500,000 yuan, which is unique in the entire business history of the magic capital.

Although the business of the magic capital is developed, and the value of goods traded through the magic capital is more than 50 million yuan every year, it is never heard of a single commercial bank earning more than 500,000 yuan in half a year.

Because of this reason, Shopkeeper Lu has been full of energy during this time, and he walks a lot taller than before.

"Yes, in this way, my noble firm has developed very quickly. Zhao Dagui's expression remained unchanged on the surface, but there was a turbulent wave in his heart, if this matter is not handled well, there may be big problems, and even lead to the collapse of Dagui Commercial Bank.

"However, you also said that the turnover has not been effective in the past few days, and there are still tens of thousands of yuan in arrears to pay, how do you want to solve it?" Zhao Dagui put down the paper that recorded the information in the account book and asked quietly.

"There's nothing difficult about it, just urge the warehouse to settle the bill as soon as possible, or find a money bank to borrow funds.

It's just that it's a pity to find a money bank to borrow and pay a lot of interest. Shopkeeper Lu wanted to say something, but in the end he wanted to stop talking.

Zhao Dagui has also experienced this time, and he understands the meaning of the shopkeeper Lu.

"I understand what you mean, a little account, I'll pay some money here, just resist it first, don't have to trouble the money every time.

In this case, you can send a few guys to my room in a while, get some money, and settle the accounts of the past few days. Zhao Dagui said.

"Then there is the trouble of the Lao family. Shopkeeper Lu said with a smile.

Zhao Dagui returned to his living room as usual, and after a while, the shopkeeper Lu really came to knock on the door with a few guys.

Zhao Dagui let them in, and then pointed to a pile of yellow things on the bed and said, "This is three thousand taels of gold, worth about 50,000 yuan of silver dollars, it should be no problem to deal with the accounts of the past few days." ”

"That's fine. Shopkeeper Lu smiled like an old flower.

There has always been a rumor in the Dagui trading house that his boss likes gold, and every time he makes some money, he will exchange it for gold, find a master craftsman to cast it into extremely beautiful gold bars, and then hide it in a dark box under the bed board where he sleeps.

According to rumors, the quantity of this batch of gold reached 40,000, 50,000, and some even said to reach more than 100,000 taels.

The shopkeeper picked up a gold bar casually and looked at it, which is different from the gold ingots or rectangular gold bricks commonly used in this era, it is made into a trapezoidal gold bar, I don't know what process it is made, it is extremely beautiful, and there is a lotus pattern and the words "supervised by the Dagui Commercial Bank".

The gold bars of the Dagui Commercial Bank are never sold, only a few times they are taken out as collateral, borrowed money from the bank, and when the money is repaid, they will be hurriedly taken back and never sent out.

All the people who have seen the gold bars of the Dagui Commercial Bank are full of praise for the production process of the gold bars, and feel that the luster, color and shape are the most exquisite gold bars they have seen in their lives, and some people are even willing to buy gold bars at a discount of one percent, but Zhao Dagui never agreed.

"This gold bar must be fine, and other merchants will definitely be happy to accept it. Shopkeeper Lu said happily, but he didn't expect him to speak, and Zhao Dagui immediately changed his mind.

"Well, other families will be happy to accept it, but such a beautiful gold bar, let those laypeople who don't know how to appreciate it, a bit of a tyrannical thing.

In this case, you should take the gold bar to the bank, and lend it as collateral, but you must say that the gold bar of my noble firm must not fall into the hands of outsiders, and you will send it back as it is in the future. ”

"However, in that case, there will definitely be interest..."The shopkeeper couldn't help but hesitate.

"A little interest is nothing, just do it according to this, and mortgage it directly. Zhao Dagui waved his hand, looking like it was like this.

The shopkeeper Lu has been in business for many years, and he knows that he must not come with his owner, although he feels that the owner has some gold fetish, but he feels that this is not his own business, so he hurriedly nodded and agreed, and after a while, he commanded the guys to find a good box to load these gold bars, and went to the familiar money bank to mortgage and borrow money.

After everyone went out, Zhao Dagui sat on the bed, covered in cold sweat.

"This time it's a big game, and it's going to go bankrupt in business, and this time it's a big trouble. Zhao Dagui couldn't help muttering to himself.

Dagui Commercial Bank has been busy for half a year, and the harvest is goods worth 900,000 yuan and 400,000 yuan of foreign debts, others will not have any idea about this, they will only praise Dagui Commercial Bank for making more money, but Zhao Dagui himself will never think so.

No matter how popular the goods are and how valuable they are, they are still goods after all, and there is a danger that they will not be able to cash out at any time.

Once there are too many foreign goods, the warehouses are unsalable and cannot be sold, then it is possible to smash all in the hands, and once someone takes the debt to force the debt, all the goods have to be cleared at a low price, the original 900,000 goods, can be sold 200,000 or 300,000 is good, and then there is a debt of 400,000, then you have to owe money upside down, you have to go bankrupt.

Don't think it's sensational, but this is the true story of what happened during this period in the Demon Capital.

After the opening of the port, there was a long and tragic bankruptcy frenzy, the first of which was at the end of 1845, because the foreign cloth was sold well before, and the foreign merchants were happy to import too much foreign cloth, resulting in a large-scale unsalable foreign cloth, which could not be sold for money, and it was piled up in the warehouse, and no one bought it at a discount.

The Chinese compradors and British foreign firms, who had previously spent a lot of money on these foreign cloths, had a large amount of foreign debts that could not be repaid, so they went bankrupt one by one and closed their doors under the pressure of the creditors.

This wave of bankruptcies was extremely tragic, starting with traders in Guangzhou and Hong Kong, and then gradually moving north, passing to Shanghai, countless foreign firms and compradors went bankrupt, and the textile giants in Manchester, England, who had wanted to open branches in China to sell fabrics, also suffered heavy losses and returned to England one by one.