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713 Li Yuanxing's Stock Market and Futures III

The sound of intensive stone cutting sounds so pleasant to the ears of many nobles. This is not a quarry, and every stone may become a treasure.

Li Er's chair is placed on the second set of steps, which is eighteen steps from the ground.

He was playing with two pieces of wood in his hand.

One piece was sandalwood from the original palace, which was mostly used to make treasure boxes. It was valuable, but far less than the price of gold. These were shipped from the Huguang area. According to the transportation capacity at that time, there was no way to purchase wood from India and other Southeast Asia.

In fact, according to the classification of later generations, the original ones in the Tang Dynasty Palace were big-leaf sandalwood, but more were sandalwood.

This is somewhat different from lobular rosewood.

Li Er took these two pieces of wood, not because he suspected that Li Yuanxing was deceiving him about the value of the wood, but just to distinguish the difference. Li Er was following the feeling of a Tang aristocrat to use his own eyes to distinguish the difference in value.

Just as many nobles use their eyes to distinguish between the grade of treasure-grade jade and ordinary treasure-grade jade, as well as the cost-effectiveness of ordinary jade and ordinary jade.

What does Li Yuanxing seem to be talking about?

Because Li Er noticed that many nobles were surrounding Li Yuanxing, he gave the chance to pick stones to his own women.

"Mr. Xiao, I heard that you plant 100,000 acres of low mulberry trees in Lanling, but you only sell raw silk, not brocade?"

"His Royal Highness the King of Qin said that the younger generation in the farming family is doing well. The mulberry garden is managed well. His Highness has given the silkworm breeding sutra. Both male and female members of the clan are required to be able to memorize it and be proficient in it. The raw silk in the spring today is good.

Although it is worse in summer, I believe there will be a breakthrough in winter silkworms. I can’t say that it can compare with the best spring silkworms, but I dare to compete with the world’s famous silkworms.”

The old man surnamed Xiao changed his tone: "It's just this brocade, but it doesn't come with a loom. I barely have a few weavers in the Xiao family, so I don't care about it. The income from selling raw silk is not low, but the skill is not in gambling."

, and in the essence!”

"Okay, one is more valuable than the other. The Xiao family's raw silk is indeed excellent this year!" Someone praised it from the side.

Li Yuanxing smiled and asked: "How many autumn silkworms can be expected? Can there be an estimate? How about I buy ten tons in advance?"

"Your Highness wants it, so naturally it will be reserved for you. I guarantee that there will be no shortage of one or two out of ten tons."

Li Yuanxing shook his head gently: "I heard that when raw silk was launched on the market, merchants had already lowered the threshold of many silkworm gardens by a few inches. If a price and an estimated output are set, then should it be done now?

Can we trade raw silk?"

All the businessmen came to their senses, this was equivalent to Baoyuan.

But renting a garden comes with risks.

At that moment, a businessman received permission and said: "Your Highness, this Baoyuan is risky. If something goes wrong, it will be a big loss. Ordinary Jinfang cannot afford such a mishap."

Li Yuanxing nodded slightly: "How much money did the Xiao family borrow for Qiu Si this year?"

"I borrowed 160,000 guan, using 60,000 acres of mulberry fields and several houses at home as mortgages. The interest for three months was 20,000 guan, and the money was given by the Lanling Branch of Datang Bank.

Half of the banknotes are given, and the second half is paid with gold and silver coins. Part of these are used to buy sheep dung, and part of them are used to support the wages of day laborers. I think it will be no problem to support the harvesting of silk in the autumn!" Mr. Xiao explained to Li Yuanxing.

Li Yuanxing asked again: "What if we don't borrow money?"

"His Highness is joking. This method of borrowing money to expand is something I learned as a child in Prince Qin's Mansion. Yes, the family can manage 10,000 acres of mulberry gardens. If you borrow it, the output will be ten times. Including the interest, the income will be several times higher.

, of course it is better to borrow it. However, once the money is borrowed, everyone in the family must be careful at all times, as this is related to the livelihood of the whole family!"

It is enough to introduce it here.

Li Yuanxing changed his tone and turned to the topic: "The price of raw silk in Chang'an market in summer is 320 guan per ton. One silkworm requires one and a half acres, or even two acres of mulberry. It can produce about 70 kilograms of cocoons, which is seven kilograms of raw silk.

. One ton is equivalent to the output of nearly 200 to 300 acres of mulberry fields, 30,000 acres is almost an income of 32,000 guan, and 100,000 acres is an income of 100,000 guan!”

"Your Highness, the silk produced in the fields cannot be sold at such a high price. 320 guan is the price of shipping it to Chang'an." A businessman said next to him.

Li Yuanxing smiled and asked: "I will buy you ten tons of raw silk now for fifteen hundred guan. What is the price?"

"Honestly, even if it's 1,300 yuan, it's still a good deal. Because our Xiao family doesn't have to borrow money anymore, so we have less interest payments. Besides, I'll feel at ease now that I've received the money first."

Li Yuanxing laughed: "Okay, then buy ten tons. After half a month, I suddenly don't want it anymore, but I have already bought this. Naturally, I won't ask you to return it. I will increase the price to one thousand three hundred and fifty."

OK, can someone take over?"

"Yes, the difference is only two months. Although I took out the money first, I am still guaranteed."

At that moment, a businessman took over Li Yuanxing's topic.

Li Yuanxing asked again: "So, there is another businessman who has raised the price to 1,600 yuan with one month left before shipment. Can you take action?"

The businessman thought for a moment: "With a difference of one month, deducting the freight to Chang'an or Hangzhou, if the predicted price of autumn silkworms is still 320 guan, the villain thinks that this sale will sell for 1,800 guan. This

The profit is huge enough! Of course, sixteen hundred guan is not unsaleable."

"That is to say, if you have two thousand strings, you will definitely sell them!"

"If I return to His Highness, I will definitely sell it."

"Then, five days before shipment, the price should be close to the market price of that year, and this transaction is also beneficial." Li Yuanxing asked again.

After several big shopkeepers from the Silk Chamber of Commerce whispered a few words, they sent one person to answer: "If you have enough early purchases, you will naturally give some away. After all, your own weaving shop can only produce brocade for a month."

"Okay, very good."

Li Yuanxing stood up: "Then, I would like to ask again: one month before shipment, the Xiao family's silkworms were sick, or the trees were sick. So what will be the result?"

"Your Highness, I have already bought it, and the deal is considered completed. As long as a sufficient amount of goods is handed over, there is no reason for the Xiao family to refund the money. It's just that if you are sick, the quality of the silk will decline, so the goods in hand will

, just like what His Highness said about those in the steel mill, it will be reduced by a few percent. Those who make brocade will not want it, but those who make silk will still want it. But the next year, the pre-sale price of the Xiao family will definitely be lower.

Some, after all, there were some mistakes last year, and the reputation of this product will definitely be damaged. But if the product is good every year, I am afraid that the pre-sale price of Xiao's silk will be higher every year."

"It's done, I call this futures. There are also rules. You can do raw silk, you can do it in Luoyang's grain fields, and you can do it in Taiyuan's Wang family's coal."

Businessmen understand.

Ancient businessmen were definitely not simple. They did not have systematic economics, but it does not mean that they did not understand economics.

At that moment, another businessman asked: "The owner of the pre-sale must agree to accept a public review. It is absolutely not acceptable to make a good one. If you agree, the weight of this raw silk is guaranteed, and the raw silk sources of each brocade silk chamber of commerce are guaranteed."

Guaranteed, those with more money can buy more. But it will have an impact on the small shop. I wonder what your highness’s solution is?”

"Some of the truly top-quality goods come from small workshops. My idea is to make the workshop larger, but with a larger scale and sufficient investment in both machinery and management. Only then will the workshop be enlarged."

You can produce more high-quality products, and the cost will also decrease. Remember what I said, industrialized mass production!"

"We are waiting to be taught." The merchants quickly saluted.

Li Yuanxing added: "Although I am not kind enough to small workshops, small workshops must not be competitive. That's why I mentioned the elements before."

"I understand, a small workshop can be converted into a certain amount. The big workshop takes over his people and machines, and he has a share of the big workshop. Naturally, he will also earn a share of money. Or he can exchange his share for cash, or he can change his career.

"

"That's right!"

Li Yuanxing spoke in the inner circle, and those foreigners were pushed outside. Some words were not convenient for them to listen.

In Li Yuanxing's conversations with businessmen and aristocratic families, someone will pass on the ordinary parts after selection and transition. The secret of silkworms will definitely not be spoken casually.

In the inner circle, while the aristocratic families and businessmen were still considering the pros and cons of this matter, a eunuch came over to report.

"Your Highness, the Uighur envoy wants to see you?"

"Let him in!"

Upon hearing that Li Yuanxing asked the Huihe envoy to come over, all the businessmen who were talking invariably shut up.

"Your Highness, I, Huihe, want to pre-sell next spring's wool. The price is 30% lower than in spring, which is 2 cents and 30 cents for ten pounds of wool. Please make the decision for me, Huihe!"

When Li Yuanxing heard this, he smiled and asked: "What do you want to do with cash when you return to Hehe? There is not enough food to survive the winter this year?"

"This..." The Uighur envoy was a little embarrassed and replied with a red face: "Your Highness, I want to use this money to buy the steel mill. If we calculate the steel mill's members next spring, the profit from this share will be higher than 30%.

Already."

"You are good at calculation." After Li Yuanxing said with a smile, he said seriously: "However, your proposal is within the rules, and I have no reason not to approve it. In this way, I will also generously announce two proposals at once.

One of the new decrees is that there is no limit to the amount of wool that can be pre-sold. The other is that it is allowed to register ten more velvet cloth workshops, one hundred wool workshops, and five hundred wool rough processing workshops."

"Thank you, Your Highness, thank you, Your Highness." The Uighur envoy was a little excited: "We are selling 10 million wools!"

"Do you dare to ask for more?" Li Yuanxing asked with a smile.

"Is 20 million okay?" the Uighur envoy asked tentatively.

Li Yuanxing laughed: "Okay, just 20 million. But I suggest you discuss it with General Fengzhou. They will provide the technology, and you will provide the people. Let's jointly build a wool carding workshop. Coarse wool is not valuable, but a pound of fine wool

It requires at least one and a half penny, and the cashmere you selected is at least ten pence per pound."

"This..." The Uighur envoy didn't think about it for a while.

However, a businessman came over to remind you: "His Highness is asking you to make more money. He is just cleaning up the wool. Although ten pounds has become seven pounds, the price has actually increased several times. Your Highness is a way to make money."

I gave it to you. Think about it, a sheep only costs less than a hundred cents, and the wool alone is an extra income of at least ten cents."

"Thank you, Your Highness, thank you, Your Highness!"

The Uighur envoy is almost going to kiss Li Yuanxing's boots. (To be continued. Please search Piao Tian Literature, the novel is better and updated faster!)


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