Qingdao Port in midsummer is still refreshing and pleasant, but Captain Kuait's forehead is filled with cold sweat. The reason is that he learned about what his eldest son (inherited the family business) has done recently, and then he was shocked. ◇↓◇↓ Xiao◇↓

What his son does is simple and complicated. It is because he no longer goes to sea to sail, but rents the boat to others. He rents an office in a three-story building on the most prosperous "Expo Road" in Qingdao Port to do business mainly to resell cotton, rubber, wood and other specialties from New China Island. But what his son does is complicated is because Ku Youcai (i.e. Captain Kuait's eldest son) every time he orders cotton from New China Island, it is not for his own use, but for reselling a lot of rubber. In fact, when a cotton arrives from the end user from the place of origin, he often transfers it several times. Moreover, this transfer must be completed before the goods arrive at the destination, otherwise he can only eat it by himself.

For example, Ku Youcai just booked a cotton ship on a cargo ship that was expected to set sail from Mianhe Port on April 1. This "Simingshan" flute-type transport ship affiliated to the South China Sea Transportation Company carried a full 300 tons of New China cotton and paid an advance payment of 8,700 yuan for it. This was originally a very normal business. At present, many companies will pay advance payments to book goods when buying raw materials, especially on the east coast of the rapid economic development. But the problem is that Ku Youcai never thought about eating this batch of cotton, because he was not a spinning business owner, and he was not a cotton wholesaler, and he had no ability to digest bulk cotton at all. He had a large amount of raw materials in his hand, and the warehousing and logistics fee was also a large expense. He claimed to be smart and naturally refused to do so.

"So you plan to sell this batch of cotton before it arrives at Luoqia Port? What if you can't find someone to take over?" Captain Kuait took out a silk handkerchief and wiped the sweat on his forehead. He said with some annoyance: "On April 1, even if you stop at Hezhong Port in South Africa to load other goods, you will arrive at Luoqia Port by May 20, which is only 4 months away. God, my dear son, you have to deal with a full 300 tons of cotton in 4 months. Do you have this ability? If you can't handle it in time, then you have to rent a warehouse on the dock. This is another huge expense and you have to bear the risk of quality degradation."

"Father, don't worry." Ku Youcai said disapprovingly, and saw him pulling open the drawer and searching randomly, then finding several documents from it, scratching his head and said: "Father, based on my analysis of the cotton market for many years, the cotton market on the east coast will be optimistic for a long time, and the prices will be on a long-term and slow upward trend. This rise is due to the factors of rising prices, and of course the reason for the strong demand. You must know that now, whether it is English, French, Italian or Swedes, they are fighting with us for cotton, which has led to the rise in cotton prices around the world. Of course, the pressure of this price increase will eventually be transmitted to terminal consumer goods..."

"So, father, this non-delivery method of selling goods is actually nothing in the current Qingdao financial market. We call this kind of goods that have not arrived in the local area and are floating on the sea as "road goods". Everyone buys these goods but has no intention of receiving goods. The request is just to get a short, flat and fast profit or to avoid too much loss. They do not even present the order to sell the goods in the final buyer and sell them. This is a very popular way to get profits. Father, I am very good at it, please rest assured." Ku Youcai put down the documents in his hand and said sincerely.

"But this is a very unreliable speculation." Captain Kuait insisted that as a traditional conservative businessman, he hated this kind of financial speculation and did not want his high-than-hope eldest son to be involved: "Is it not good to run a shipping business? This can bring us stable returns, if you think the risk is too great. So big can buy marine commercial insurance from Dongbao or China Insurance Company, which are endorsed by the Ministry of Finance of our country. The reputation is nothing to say, and can help us lock in a certain degree of profit. Why are you unwilling to continue? My child?"

"That kind of life is really boring. I have worked for many years, went to ports in many countries, and experienced many things, but I think life is the most suitable for me now." Ku Youcai said helplessly, "Besides, my father, I have not completely given up on shipping business at present. Our family has five ocean-going ships, three of which have been rented out, but the other two newest ships are still operated by ourselves. I am just studying the long-term trends and markets of some domestic and foreign commodities in my spare time, and making some quick money by the way. This is really nothing. You know, this is Qingdao Port, the financial center on the east coast!"

"Besides, this kind of trading method does seem to open a convenient door for speculation, but in essence, it is a good measure to prevent price fluctuations. Where do you think the road goods we bought end up going? Of course, they are the cotton wholesalers in Luoqiang Port! These are all regular wholesalers who have been operating cotton trade all year round. When they find that they can protect themselves by purchasing such road goods to lock in profits, when they find that the price curve can be kept stable as much as possible, it is destined that this way of buying and selling will become popular. And now everyone is saying that if one day, it is destined that this way of buying and selling is destined to become popular. And now everyone is saying that,

When the Central Railway Telecommunications Company is able to lay submarine cables to South Africa or New China Island, the capacity of this market will continue to increase rapidly, and transactions will be more convenient and fast. Of course, this is a bit far away from the moment." Ku Youcai looked at his father and said sternly. He knew that his father's old-school businessman would be difficult to accept this rebellious sales method, but he still tried his best to explain because he did not want to disappoint his father. However, the new things produced by the times are difficult for old-school people who are accustomed to their inherent thinking to accept it quickly, because it takes time to baptize.

The father and son's opinion seemed difficult to reach an agreement, which disappointed Captain Kuait. However, he had no choice but to comfort himself by at least his son did not use the money to conduct unreliable speculation, not to mention that he did not completely give up the maritime shipping business on which the family relied on, which was enough.

Leaving the bustling expo road, Captain Kuait looked back at the beautifully crafted signs all over the streets, such as "La Plata Bank", "United Industrial Credit Bank", "Northwest Cultivation Bank", "New Continental Friendship Mutual Aid Bank", "Commercial Clearing Bank", "East Coast Insurance", "Central Insurance", "Forex Exchange", "Central Bond Market", "Recorded Stock Exchange", etc. He suddenly felt that this world was a bit strange, even in Amsterdam, which claims to be the heart of capitalism, there was no such system, such a scale, and such a clear development strategy! The East Coast country is walking in front of others almost every step, and it looks just right, which really makes people think deeply.

"The great Union Province once suffered heavy losses in tulip speculation, and later survived with a deep family foundation. I really don't want such an outstanding country as the East Coast to be destroyed in financial speculation in the end, which would be a pity." Captain Kuait thought while walking, "Fortunately, I heard that the Mei agency made a heavy blow in the West Lake bond trading market, and seized several "Jining Gang" merchants suspected of manipulating the market and exiled them to the Salmon Islands. This more or less suppressed the domestic speculation atmosphere and had great benefits. Actually, it's the same. If it's so easy to make money, who will work hard to produce industrial products and food? Who will do a hard and unreturnable technological improvement? Who will put money into the industrial and commercial field with a lower return on investment? It's impossible. I really hope that the East Coast will not repeat the same mistakes..."

Ships came in one after another at the dock, several of which even came from the East African transport companies from New China Island. Although these ships mostly walked in the Indian Ocean, they occasionally carried some immigrants to settle in the country. This time, more than 2,000 people were transported by four ships. They will go to several settlements commonly known as "Qingdao Second Ring Road" with some Polish refugees who were transported here (currently non-nationals) to settle in several settlements commonly known as "Qingdao Second Ring Road", such as Liguo Township (near Libertad Town in later generations), Wangbei Township (later

The four newly built towns, including Shicanelones), Haisheng Township (near San Jacinto town later), Xiakou Township (near Atlantida Town), will be like a "one ring", connecting each other with light rail tracks. After completion, transportation conditions will be greatly improved, and they will exist as satellite towns in the main urban area of ​​Qingdao County (of course, they all belong to Qingdao County in terms of administrative structure). In this way, Qingdao County has gradually become a major city on the east coast in terms of population, area and other aspects.
Chapter completed!