"The market has been growing more than a year since the end of the war." On February 18, 1650, Shao Yuanyi sat in the living room of the state-owned guesthouse in Xihu County, closing his eyes to taste tea while listening to the discussions of people next to him. Tea is not a precious tea, but a locally popular crude barley tea, but Shao Yuanyi is not a person who pays attention to enjoyment, so he has always been savoring it.

"There are two counties, eleven townships, 65,000 household registrations and dozens of workshops in the Nanyazihu ​​area. Isn't there only one trading market? How can it not be prosperous?" A man with a strong Shandong accent said in East Coast Standard Mandarin, "So many workshops require money, but Lao Shizi and Industrial Credit Bank cannot borrow enough money. I heard that Datou has used the railway company and shipyard to expand their operations. They don't care about some small rural workshops - they really don't have money - so it's normal that this bond trading market, which is specially designed to solve the capital problems of small workshops, is becoming more and more prosperous. After all, the economic situation seems OK now, and it's thriving, and everyone is busy expanding production."

These two people are right. Although the government has been trying hard to curb the inflation level in the East Coast and strictly approve projects with huge investments. However, with the deepening of domestic construction and the government's decision to expand the immigration share, United Industrial Credit Bank, which mainly undertakes domestic industrial financial services in the East Coast, has released a large amount of money, such as lending money to large enterprises such as the three major shipyards, Central Railway Company, Nantie Company, Tieling Special Steel Plant, First Heavy Machinery Plant, Western Forging Factory, etc.

After these funds were released, the United Industrial Credit Bank used the credit line completely, so it was useless to many domestic small private enterprises that were also eager for funds. However, these enterprises are mostly supporting enterprises of major state-owned factories, or emerging enterprises that have emerged in recent years (such as soybean oil, soybean cakes, flour, etc.). The influence is not very small. Therefore, we cannot just abandon it casually, and we still have to take care of it.

However, once you decide to take care of them, you have to solve the crucial lack of funds for them. But now the government is most lacking in money! Printing money is not advisable, because it will push the inflation level that has begun to rise again to a new level. Since this is the case, then maximizing the extraction and using the massive amount of funds accumulated in the private sector will become the best choice for the government. This is actually the original intention of this bond trading market, which was established in Xihu Town, Xihu County, and is specially designed to solve the capital problem for private small enterprises.

Of course, this bond trading market is not only as simple as it appears. In addition to undertaking business bond issuance and other businesses, it also undertakes bill discount markets, securities trading markets and other functions. Let’s talk about the bill discount market first, which is particularly important for some merchants who purchase agricultural and animal husbandry products in the countryside all year round, because rural farmers - especially farmers from the Ming Dynasty - are very unaware of bank acceptance bills of various denominations and other commercial bills that can be circulated in Europe with deep-rooted concepts. Perhaps the infamous Daming Baochao gave everyone a psychological shadow, so they are only interested in hard currency such as copper coins and silver coins, and have low acceptance of commercial bills, which requires vendors who go to the countryside to harvest must prepare a large amount of cash silver with them.

Gao Jinzhong and Agnelli from Tuzidong Flour Workshop in Hekou Township, Zhenhai County are such businessmen. The conversation Shao Yuanyi just heard was from Gao Jinzhong's mouth. At this time, he only heard him say to the man who was talking to the opposite side: "Old Zhai, don't be useless. I have no interest in this market. Today I came here, and I heard that we can discount unduly paid bonds and bills of exchange here. I have saved a lot of such bills, all of which were exported from the national reserve grain warehouse. Seeing that the summer grain was on the market, I had to raise a cash bank to go to the countryside to collect grain. I heard that you know many people here, so you have to think of a solution for me."

"The economic situation is improving now, and the funds are tight in the market. Everyone is working hard to expand production. Therefore, the discount rate has been rising steadily in the past year. Forget it, I believe you know the basic situation, so I won't say much. Come with me, the merchants from the "Jining Gang" are sitting in the inner room. I'll recommend you to you. They have a lot of cash on hand and have undertaken a large part of the bill discount business here. Even if anyone wants to issue bonds to raise funds, they can find a way to find them. They also provide loan guarantees for others. In short, they will do whatever business makes money. Okay, don't stand there, just follow me." As the middle-aged man's voices gradually faded, Gao Jinzhong and others followed them into the inner room.

The Rabbit Cave Flour Factory has emerged in recent years, killing many flour processing workshops, almost monopolizing the business of Zhenhai County. In addition, they also provide flour for the construction team under the Ministry of Transportation that built Highway No. 2, which is a booming business. Therefore, it is not so strange that they have accumulated a lot of commercial papers. In addition, only the "Jining Gang" merchants sitting in the inner room (commonly known as "big households") can take over. The retail bill discount merchants in the outer room can only undertake business less than 1,000 yuan, to be honest, they are not qualified.

Most of the commercial papers Shao Yuanyi had in hand were bonds, sometimes mixed with several unnamed stock subscription certificates, which were all in his hands by people who urgently needed money. The bonds were not said, but the stocks of Nantie Company, which totaled hundreds of yuan, were like hot potatoes in his hands, and urgently needed to be sold for money. Because many people said that Nantie Company could not make a profit in recent years, and would continue to lose huge losses and be on the verge of bankruptcy. This has led to the actual value of Nantie Company's stocks in front of him all the way down, and almost no one wants them.

Shao Yuanyi was worried about the stocks in his hands. At the beginning, he was soft-hearted and accepted the stock subscription certificates of these silly Nantie Company and went to the relevant departments to register the ownership change (Nantie Company's stocks are registered stocks). Now it seems that he has done a poor job and has completely lost it. Today he brought the West Lake market with these stocks totaling several hundred yuan to see if there is any chance to cash in, and he will do whatever he wants to lose even if he loses a small amount.

However, before selling the stock, let's cash out some commercial bills at hand. This is not difficult. Shao Yuanyi only ran for about half an hour and met some familiar bill discount service providers. He quickly sold several St. George's Merchant's Merchant bills at a certain discount (God knows where the drunk sailor who was given to him got these bills from).

After having a delicious Ottoman-style mutton pilaf, at 1:00 p.m., Shao Yuanyi stepped into the gate of the West Lake bond trading market again, preparing to try his luck to see if he could transfer the stocks of the Nantec Corporation that he had been holding on for a long time. Unexpectedly, at this moment, a news that came from unknown sources suddenly circulated among the crowd at the entrance of the trading market: "Ntec Corporation has come forward a few days ago and has negotiated with the Spaniards to smuggle the Peruvian market. Among them, Nantec Corporation will serve as a monopoly agent of East Coast goods and will surely make huge profits."

This unknown news suddenly made Shao Yuanyi feel a little dizzy. After a long time, he suddenly realized that the stock price of Nantie Company was probably not going to rise sharply! Sure enough, in just a short while, the merchants who didn't want to buy their stocks in the morning surrounded him like sharks smelling fishy smell, and asked Shao Yuanyi whether he was willing to sell Nantie Company's shares now. If he wanted, they would now go to the people of the fair stocks in the West Lake Trading Market to do justice and formally transfer this part of the stocks. For this reason, they would give Shao Yuanyi a "more sincere" consideration.

However, Shao Yuanyi has come back from his frustration in the morning. After careful thinking, he decisively declined the request of these people to buy stocks and made it clear that he would not sell it! Then, he hurriedly packed up his things, bought a ticket to return to Forage Ridge, and went home. He now vaguely felt that the giant Kangcaien company, which has a deep background and undertakes the national strategy, would have a future prospect that is unlimited. At that time, the stock price will surely soar. Investors who have purchased the stocks of this company will definitely receive a generous report in the future. There is no doubt that it is just a matter of time! Therefore, Shao Yuanyi has decided not to sell stocks now, so he has to put a few hundred yuan in money on hand? I don’t care, I have too much money and can afford it!

After Shao Yuanyi left, the increasingly prosperous trading market was still conducting various businesses slowly, providing sufficient nutrients for the development of the private private economy on the east coast. Recently, there have been some rumors from the upper-level Ministry of Finance, saying that with the typical successful operation of the West Lake Bond Trading Market, the government is preparing to provide greater support to this market. For example, they will allow the West Lake Bond Trading Market entity (state financial institutions) to carry out short-term peer lending business with other financial institutions (such as the companies under the Ministry of Finance that undertake stocks, bond issuance, and some banks).

The introduction of this policy will inevitably greatly improve the financial situation of the bill discount market in the East Coast, and at the same time, it will also enable the West Coast bond trading market to develop better and faster. As long as the government departments are in place, I believe that the development of this financial market will in turn promote the development of domestic industry and agriculture in the East Coast, which can be said to be mutually beneficial. (To be continued, please search for Astronomy, novels are better and faster!
Chapter completed!