On the day when the salt banknotes were sold, there was a huge crowd outside the Exchange Office, with hundreds of businessmen gathered.
Everyone took a look and saw that there was no sign outside Duyan Courtyard today.
In the past, a sign indicating the selling price of salt banknotes was required. When the price of salt banknotes is high, it is the current price minus 500 fen per seat. When the salt price is as low as 5 guan, it is 500 fen per seat for 5 guan.
In other words, the court will not initiate acquisitions when the salt banknotes are less than five guan. It was like a dull person standing there being beaten.
Many businessmen take advantage of this shortcoming to make profits.
Among the people waiting outside the Capital Salt Courtyard, there were not many real salt merchants. Many were speculators and people from Jiaoyinpu who wanted to speculate.
Among them, Shen Chen and Shen Yan's uncle and nephew from the Shen family's Jiaoyinpu also came here.
"I wonder how much this salt shop has? How dare you sell it like this?" Shen Chen said.
Shen Yan said: "Just look at the price he bids. If he dares to bid a low price, then he doesn't have much goods in his hands. If we don't take action, the Jiao Yin Shop in Jie Shen will take it all."
"But if he dares to call Shiguan, then clear the goods immediately, otherwise it will be too late."
Shen Chen said: "Ten Guan? Unless Northwest lends him all the salt banknotes for a year. Now all the importers in Bianjing value the salt banknotes."
Ana Shen nodded and said, "Look, Mr. Hu and the others are here."
The two uncles and nephews looked at a few more carriages coming in the distance. Several wealthy businessmen got off the carriages and saw the uncles and nephews of the Shen family. They held hands from afar.
Shen Yan said: "The court's money is easy to make, and these people are addicted to it."
Shen Chen said: "Yes, I heard them say yesterday that the court's money is like unattended fat meat. You can take a bite at any time."
Seeing the happy faces of these businessmen and their eagerness to try, the Shen family's uncle and nephew sighed.
It's not just them, the price of salt banknotes in the capital is rising day by day, and many people have become rich as a result.
Zhang Yue was currently in the exchange office, looking at the hundreds of people outside, and couldn't help but shook his head. Human nature has not changed from ancient times to the present.
People speculate in buying and selling, risking all their wealth in the hope of getting rich all of a sudden, but in the end they often go out naked, taking advantage of the big bookmakers and exchange shops.
Because this is a zero-sum game. If someone makes money, someone must lose money.
However, knowing this, countless people still flock to it. This is the greed that will never change in human nature.
Such an industry that is not beneficial to the people must still be in the hands of the state.
At this moment, people outside were already shouting loudly: "Why don't you put up a sign? How many seats are there?"
Zhang Yue said to Luo Supervisor: "Open the door and let them in."
After saying this, Zhang Yue turned around and left.
At this time, the gate of the salt courtyard opened, and hundreds of businessmen poured into the atrium.
Everyone wanted to ask about the price of salt, but when they looked around they couldn't find a sign explaining it.
But I saw an official from the Capital Salt Academy saying, "Everyone, today we are all asking for salt notes. Let's set a rule."
"It is Mao hour now, and there is still a quarter of an hour before Chen hour. Our exchange office divides the day into five sections, one for each hour. In each section, I will call out a price first, and then everyone will call out the price, and we will come up with a price after discussion. "
"After discussing the price, you can buy the banknotes at this price. If there is anyone willing to sell the banknotes, I am willing to accept the banknotes at a price lower than 500 yuan. I will call out the price one by one! Please first invite more than 20 buyers to come in Come and negotiate!”
After the official finished speaking, there was a burst of chaos in the place, filled with various voices like a noisy vegetable market.
The officials asked one by one to clear out all the merchants with less than twenty seats, and in the end there were only a few dozen people left inside.
Everyone has never seen such a novel method before, and they don't know what the court is up to. But the host said: "I will first call for twenty-one seats. Those who are above the bargain price will get it first, and those who are below the bargain price will not be allowed!"
The scene was stagnant for a long time.
But I saw a businessman hesitate and said: "I have twenty strings and two hundred seats!"
The clerk on the side recorded: "Xu Yuanwai has two hundred seats!"
A businessman said: "I have twenty knives, five hundred coins, and one hundred seats!"
The scribe recorded it.
A businessman scolded: "It's not worth twenty guan or five hundred guan. Jingli Jiaoyin Shop only costs 20 guan. How can the imperial court make money from us?"
The man was immediately thrown out as soon as he finished speaking.
Everyone immediately shouted the price.
In the end, the host compromised and took twenty 500 yuan, and then the person with a price higher than this was delivered.
The merchants stepped forward to pay the money one after another. Although some merchants did not have twenty guan and five hundred guan to buy salt banknotes, they felt that the price of 20 guan was good, so they went to the Exchange to sell salt banknotes.
At this moment, someone had already run out to report to the Shen family's uncle and nephew.
The two of them were surprised when they heard this. Why didn't the Exchange lower the salt level instead of raising the price?
Shen Yan said: "The government has repeatedly issued orders not to allow us to introduce merchants to sell salt banknotes at a price higher than twenty guan per seat, but we actually sold it for 20 guan and 500 wen."
Shen Chen said: "Only the state officials are allowed to set fires, but the people are not allowed to light lamps. It is really unreasonable."
Both uncle and nephew looked indignant.
Shen Chen immediately wanted to step in, but was stopped by Ana Shen: "What are you going to do?"
Shen Chen said: "I will buy a few hundred seats to push up the price of salt! Let's see if this dog official can keep his black gauze hat or not."
Shen Yan heard this and reprimanded: "Confused, you have forgotten the ancestral motto of our Shen family? The poor should not fight with the rich, and the people should not fight with the officials!"
Shen Chen sighed heavily when he heard this.
At this moment, in the Capital Salt Courtyard, the odd number of salt goods transaction appeared in front of Zhang Yue.
There are far more people buying salt banknotes than selling them.
But Zhang Yue now has a lot of goods in his hands.
At about four o'clock, I saw that some of the buyers in the hall had left.
The host said: "Let buyers with more than fifteen seats enter!"
Some more people were added to the hall, and the merchants were much more orderly this time.
At this time, the host shouted: "Twenty votes and five hundred coins for one seat!"
The businessmen below have made quotations one after another with experience.
In the end, it was agreed that the buy order would be settled at twenty-one dollars and the sell order would be settled at twenty-one dollars and five hundred dollars.
When the buy and sell orders came to Zhang Yue, there were slightly more buy orders than before, but there were still far more sell orders than buy orders.
However, Zhang Yue was selling here and buying there, and the salt banknotes in his hands were only 5,000 seats short, which was not much for the capital of 100,000 seats.
At noon, it was the third quarter.
Another wave of people walked into the hall, and the host was shouting that it would be five hundred dollars for twenty-one times. When the order was sold for twenty-one times, the exchange office was already boiling inside and outside.
In just two hours, the price of the salt banknotes had risen significantly. It was as if the money had been given away for free.
Nowadays, everyone within twelve seats can enter, and countless people are holding gold and silver money to hand over salt banknotes.
There was also a person who bought salt banknotes early in the morning and already earned 500 coins for one seat and five coins for ten seats. He made so much money without any effort.
Many people choose to wait and see whether the price of banknotes will continue to rise, while others choose to settle down and go back to the banknote buying hall to sell the unheated salt banknotes to the Exchange.
Zhang Yue in Duyanyuan saw the buy orders skyrocketing and the sell orders also rising a lot.
Another five thousand seats were sold at noon.
At this moment, Zhang Yue was glad that he didn't sell out 100,000 seats in one go... It's so-called, because you never know how crazy and greedy human nature can be.
The hall was still wild.
Zhang Yue said to Luo Duyuan on the side: "Look at how many people outside actually use banknotes to buy salt."
Luo Duyuan said in a trembling voice: "Scholar Zhang, how much did our Duyuan earn today?"
Zhang Yue looked at Luo Duyuan and shook his head. He walked to the door and saw countless people in the hall with red faces and dancing happily.
Everyone is happy, but who is sad in the end?
At the end of the day, Yan Chao called for twenty-two seats, and at this moment, buyers from more than ten seats entered.
Many people were anxious and tried their best to squeeze into the capital salt courtyard.
At this moment, there are countless people who are young or don't have enough money. They are staring at each other outside and now they can't sit still and shout: "Let me in! We also want to buy money!"
The officials said: "In the last section, everyone can buy banknotes, as long as there are more than three seats!"
After hearing the last words, the commotion of the crowd eased slightly.
They were all jealous of those who went in holding gold and silver and came out in exchange for salt banknotes, as if they were holding some supreme treasure in their hands.
By the last quarter of Shen Shi, the price of salt banknotes remained unchanged at 22 guan.
Everyone outside Duyanyuan bought salt banknotes as they wished, with smiles on their faces.
Shen Chen said to Shen Yan: "It seems that several members of the staff have bought banknotes. According to this, the price of banknotes will rise tomorrow. You see, the daily sales of this exchange today are comparable to hundreds of exchanges in our industry." Sold."
After Shen Chen finished speaking, he saw that Shen Yan was silent.
"uncle?"
Shen Yan asked: "Nephew, the exchange sold tens of thousands of salt banknotes this day! Where do you think the government got so many salt banknotes?"
When Shen Chen heard this, he couldn't help but said: "Yes, I'm afraid we sold tens of thousands of seats today."
Ana Shen took a few steps and seemed to understand something before saying, "No, I will sell all the salt banknotes in the shop immediately tomorrow."
"Why uncle?" Shen Chen asked.
Shen Yan said: "There are experts in the government! They came up with such a wonderful idea."
"Stop fighting him. Sell it as soon as possible. It will be ruined when it falls badly."
Zhang Yue and Luo Duyuan were silent for a long time as they looked at the money piled up in Duyanyuan's warehouse.
Today, we also borrowed 30 experienced people from the Third Division, and we kept counting them until at least midnight, and they haven't finished counting them yet.
There is no need for delivery procedures. Some people really didn't deliver well, so they filled out a form and left.
Luo Duyuan looked at the money in the treasury and swallowed his saliva: "Will it still be like this tomorrow?"
Zhang Yue said: "Someone will wake up tomorrow."
Luo Duyuan said: "Money is charming, I'm afraid of difficulties."
The next day, more people crowded in front of Duyanyuan than yesterday.
Countless people rushed to line up.
Due to the lack of manpower, many merchants simply rely on buy and sell orders for delivery.
On this day, the salt banknotes rose to twenty-two thousand five hundred yuan.
On the third day, it even rose to twenty-three.
Zhang Yue knew that the price of salt was about the same, and if he speculated on it himself, the price would increase even more. But he did not do this. Instead, he used the 100,000 salt notes in his hand to keep the price of salt as low as possible.
But it can't stop the red-eyed merchants from buying.
In this way, after the price stabilized at 23 Guan for two days, it still broke through to 23 Guan 500 Wen.
At this time, there were only 10,000 or 20,000 salt banknotes left in the salt banknote exchange, but the amount of salt banknotes bought and sold at the Exchange Exchange had almost equalized the amount.
