Chapter 22 Ten thousand households!
Thursday, April 21, No. 101, Xikang Road, Shencheng City.
Before the establishment of the Shanghai Stock Exchange in 1990, there was a history of over-the-counter trading that lasted for more than five years.
At that time, a securities business department was opened at No. 101, Xikang Road, at the intersection of Xikang Road and Nanyang Road. Its full name was the Jing'an Securities Trading Department of Industrial and Commercial Bank of China Shencheng Trust and Investment Company.
The first securities sales department in this new era was rebuilt using the space under the stands of Jing'an Stadium.
The sales department is not big, but it is famous in Shanghai.
The lively scene in its heyday can be described by a line from the "Spring Festival Gala", that is: "The red flags were flying, and there were huge crowds of people. The scene was quite spectacular."
Wang Lin arrived at No. 101 Xikang Road early in the morning.
I saw that the place was crowded with people, shoulder to shoulder, and only heads could be seen!
Wang Lin was not in a hurry to buy or sell, but instead asked around for information.
There was a piece of major good news that Wang Lin had never heard of before.
It turns out that the country has a new policy!
In order to cooperate with the open trading of treasury bills and to better promote the issuance of treasury bills in the future, the country will redeem the five-year treasury bills issued in 1985 and 1986 two years in advance, and the interest rate will be two times higher than the bank savings interest rate at that time.
Redeem percentage points!
Wang Lin was overjoyed!
In the past, Treasury bills had relatively low interest rates when they were issued.
This is also the reason why it is difficult to issue government bonds.
Now the country has finally reformed this area, and the reform is so powerful!
On that day, the opening price of a three-year treasury bill with an annual interest rate of 15% was as high as 104 yuan!
In other words, 100 treasury bills can be sold for 104 yuan!
Wang Lin predicts that the price will rise!
As long as you buy, you will earn!
However, he has no funds in hand!
Although the treasury bills in his hand can be cashed out, it is not cost-effective to sell them now.
There were many stock dealers and treasury bill dealers at the scene.
These days, stocks are paper-based. If you want to buy or sell stocks, you have to bring a seal. There are columns for the transferor and transferee on the back of the stock. The transaction is completed only after the buyer and seller have stamped their seals.
The party that holds the stock also has an "interest discount card", which records the status of dividends received every year.
The buying and selling scene of treasury bonds is even more lively. They are all physical transactions. No matter how much money you spend to buy them, you can basically get back physical treasury bonds of the same thickness.
There are more Treasury bill traders than stock traders.
Erdao dealers wandered among the crowd and asked everyone they met: "Comrade, do you have any national debt? Do you want national debt?"
They don't have any goods at home, and they don't keep any extra goods on hand. They bring them in here, add a dollar or two to the price there, and sell them immediately, earning the price difference in the middle.
The buying and selling of treasury bonds has long formed a black market. Because the channels for buying and selling treasury bonds were not smooth at that time, and the market had a very strong desire for circulation, private transactions became large-scale and turned into a black market.
Wang Lin was hanging around casually, and the time came to noon.
He was too lazy to go home and ate some noodles at a nearby restaurant.
In the afternoon, Wang Lin came to the sales department again. He inquired that the national debt, which was still 104 yuan in the morning, had risen to 112 yuan!
Wang Lin made a calculation in his mind and felt that the price was enough to sell, so he lined up in front of the counter and sold all the treasury bills in his hand.
He purchased these bonds at a 60% discount.
In Wang Lin's eyes, treasury bills are commodities. For every 100 yuan of treasury bonds, he spent 60 yuan in cost.
He invested a total of 5,000 yuan and bought a total of 8,333.3 yuan of government bonds.
This 5,000 yuan includes the money he earned from buying and selling eggs, the bonuses he earned, the wages he received, and the "arrears" Li Wenxiu paid him.
The current selling price is 112 yuan. For every 100 yuan of government bonds, he can make a net profit of 54 yuan!
After conversion, Wang Lin earned 4,500 yuan!
He only used a cost of 5,000 yuan and made a profit of 4,500 yuan!
Wang Lin has 9,500 yuan in his hand!
It’s a real household of 10,000 yuan!
In the late 1980s, households with 10,000 yuan were no longer very popular. Except in remote rural areas, households with 10,000 yuan were still regarded as a myth. In a big city like Shanghai, a mere 10,000 yuan household was really nothing to show off.
thing.
Even so, there are still not many ordinary working-class people who can come up with 10,000 yuan in cash!
Wang Linzhen counted the money twice, carefully put it into his inner pocket, rode on his 28 big bar and went home.
He hummed a song involuntarily: "Young friends, let's meet today, swing the boat, the warm breeze blows gently. The flowers are fragrant, the birds are chirping, the spring scenery is intoxicating, and the joyful songs and laughter are flying around the colorful clouds!
"
While passing by Xinhua Bookstore, Wang Lin suddenly remembered something and couldn't help but stop the car.
Li Wenxiu said that she wanted to read the book Dream of Red Mansions, but she never bought it.
He once asked her, why not buy it?
Li Wenxiu hesitated and said it was too expensive.
Wang Lin was still very curious at the time. Isn't it just a book? How expensive can it be?
And this was the 1980s. In his memory, books should be very cheap, right?
He locked the car at the door and walked into the bookstore.
This is the largest bookstore in Shanghai, with a dazzling array of items and large bookcases as far as the eye can see.
Wang Lin strolled over and picked up some books to read.
When he saw the price of the book, he couldn't help but be stunned.
A set of "Modern Translation of Zhuangzi" is priced at 5.6 yuan!
A set of "One Hundred Thousand Whys" sells for 15.8 yuan!
He found "Dream of Red Mansions", hardcover and hardcover. The price was 7.8 yuan!
No wonder Li Wenxiu thought this book was too expensive!
One book is equivalent to one-tenth of her monthly salary!
She has always been frugal, so how could she be willing to spend so much money on a book?
Wang Lin thought to himself, could it be that there was a deviation in his memory?
The price of books is never cheap!
The books of later generations are not cheap either. A set of books from regular publishing houses can cost anywhere from 70 yuan to 80 yuan, or even several hundred yuan.
Reading is really only for the rich!
Wang Lin looked through "Dream of Red Mansions" and felt that the characters were a bit small, but this was the same in other versions, and there was no large-character version at all.
He took the Humanities Society's edition and went to the cashier to pay.
Suddenly, a gust of fragrant wind hit him, and someone from behind gently tapped him on the shoulder: "Comrade Wang Lin?"
Wang Lin turned around in shock and saw Shen Xue standing behind him, looking at him with a sweet smile!
"Comrade Shen Xue! Hello!" Wang Lin chuckled, "I didn't expect that we could meet here! Are you here to buy books too?"
"Well! Don't you have to go to work?"
"I took a leave of absence and went to the securities sales department to do something. What about you?"
"A while ago, the group was preparing for a new show and we were training intensively every day. I accidentally sprained my foot and took a month's sick leave."
"Did you hurt your foot? Has it recovered?" Wang Lin asked with concern.
"Thank you for your concern. I'm feeling better now." Shen Xue asked, "What book did you buy? Dream of Red Mansions? You are really a literary young man who likes to watch movies and read books."
"Is the term "artistic youth" a compliment? Or is it derogatory? Strictly speaking, I am a literary youth of the new era, not the kind of pseudo-literary youth who is innocent, sensitive and pretentious. Even though I am penniless, I still want to live in this world.
Fireworks, obviously lack of ideals but still want to live a magnificent life. It is too easy to become such a pseudo-artistic youth, because there is no need to create, only consumption. I think contemporary young people should work hard to make money and play hard.
He is a true literary and artistic young man.”
Shen Xue held a few books in both hands and placed them in front of her lower abdomen. She listened to his talk with great interest and was slightly surprised. She felt that this mechanic was very different from the workers she knew.
It was Wang Lin's turn to pay the bill, and he said to Shen Xue: "Give me your book, and I will buy it for you."
Shen Xuandao: "No. Last time you had dinner at my house, you still left two hundred yuan! I haven't settled this account with you yet!"
Wang Lindao: "If you take sick leave, you can only get half of your salary, and it costs money to see a doctor and buy medicine, so don't be polite to me."
As he spoke, he took the book in her hand and put it on the cashier together.
"A total of 25 yuan and 70 cents!" The cashier quickly pulled out the abacus and calculated the price of the book.
Wang Lin took out a fifty yuan note and handed it over.
The cashier gave him the change.
Wang Lin took the book and came out with Shen Xue.
Shen Xu said: "I will give you the money to buy the book."
Wang Lin said: "No need! I made a small fortune recently, so just treat it as my invitation to you!"
Shen Xueyan smiled and said: "I've heard of inviting people to dinner and watching movies, but this is the first time I've heard of inviting people to read a book!"
Wang Lindao: "If I invite you to dinner, you won't go. If I invite you to watch a movie, you won't agree. If I invite you to read a book, you can't refuse me anymore, right?"
Shen Xue could hear the self-deprecating tone in his tone, and it was difficult to say anything. She said softly: "Comrade Wang Lin, thank you."
Wang Lindao: "You came here on foot, right? I rode a bicycle and took you home?"
Shen Xue smiled and said, "I'm sorry to bother you. I was tired of staying at home and came out to relax. I didn't expect to run into you."
Wang Lindao: "Your feet are your lifeblood, you must protect them. You may not be able to pick out a dancing pillar like you among ten thousand people. You can be said to be a fairy at the level of a national treasure!"
"
Shen Xue listened and smiled sweetly: "Don't praise me, I'm embarrassed. I'm just a dancer. In terms of contribution to this society, I'm not as good as you textile workers! Society can live without singing and dancing, but without singing and dancing,
No textile workers."
Wang Lindao: "Songs and dances are a symbol of prosperity. You see in history, during the prosperous times of the Han and Tang Dynasties, many songs and dances have been handed down. The ones we hear most about are Han dance and Tang dance, right? I don't understand dance.
I was just fooling around."
"You speak so nicely! You also know a lot!" Shen Xue smiled happily.
Wang Lin rode a bicycle and sent her outside the courtyard of her home.
Shen Xue invited him to his house for a cup of tea before leaving.
Wang Lin was indeed thirsty, so he agreed.
When climbing the stairs, Wang Lin felt that Shen Xue's feet were still a little unnatural, thinking that her foot injury might be a little serious, right?
Grandma Shen Xue went out to visit and was not at home.
"Just pour me a cup of cold tea." Wang Lin said.
Shen Xue poured a cup of cold tea, held it in front of him, and said, "This is the cup I use. It's clean. You can drink it."
Chapter completed!