Chapter 393 Cutting the Meat Together
After Tao Xun left the Yuzhou Grain Merchants Association, he headed straight for the Luoyang branch of the Ji's Chamber of Commerce. As a businessman, once a decision is made, the speed of the transaction must not be slow, because some opportunities are fleeting.
Young Master Ji was quite surprised to hear his purpose. "Manager Tao, this is a big deal, and I need to ask for your permission. Please have a cup of tea and wait a moment. I'll excuse myself for now and give you an answer later."
Tao Xun nodded.
Young Master Ji ordered his servants to serve him well and then hurried to the backyard.
Young Master Ji found his father and said, "Dad, Tao Xun came to me quietly and asked if we would accept the grain."
Ji Wuyin: "Then we have to accept it. Wait, he's here at this time?"
"Yes,"
"What did Che Jiuming say? Why did he run so fast?"
They all knew that Che Jiuming had invited members of the Yuzhou Grain Merchants Association and other grain merchants from other places to discuss how to deal with them. But what was there to discuss? At this point, it was all about capital (money and grain).
Young Master Ji laughed and said, "Maybe Che Jiuming didn't perform well? He was the first one to come to us and intend to sell us the grain."
"There will be more coming later." Ji Wuyin said firmly, "For those who come, we can eat up all their food at 120 coins per dou."
Young Master Ji nodded repeatedly.
According to statistics from Linshan, grain merchants from all over the country transported an estimated one million dan of grain to Nanyang.
Now is the time they give those foreign grain merchants to escape.
Next, they will carry out the second harvest, and the price of grain will drop again.
As for those who didn't run away later, they will definitely lose more. It's because they are stupid and greedy. Even if they are not punished this time, they will be killed by themselves.
This can also be considered a screening.
"We have to mark merchants like Tao Xun." Ji Wuyin taught his son step by step.
This type of people either have keen judgment or are lucky and possess absolute courage. No matter which one, they are worth associating with.
Young Master Ji returned to the reception room.
"Shopkeeper Tao, are you sincere about selling grain?"
"Yes."
"How about this? Our Ji family will buy all the grain in your hands at the price of one hundred and twenty coins per dou?" This time, Tao Xun brought a total of 50,000 dan of grain. This amount was considered to be above average among the grain merchants from all over the country who transported grain to Nanyang.
Tao Xun was a little surprised. Ji Shi didn't bargain down and was actually willing to pay 120 coins for his grain. For a moment, he felt a little uncomfortable.
"Shopkeeper Tao, do you withdraw the silver directly in cash?" asked Young Master Ji.
Tao Xun was puzzled, "What else?"
Young Master Ji smiled and said, "It's like this. Doesn't our Ji's Chamber of Commerce have a branch in Qingzhou? Shopkeeper Tao can take the voucher given by our Ji's Chamber of Commerce and go to our Qingzhou branch to withdraw the money after returning to Qingzhou. This way, Shopkeeper Tao can avoid a lot of trouble on his return trip."
Tao Xun's eyes widened. It was indeed the Ji family business, they were very flexible in their work.
"Of course, if Shopkeeper Tao wants the money now, that's fine too."
Tao Xun waved his hand and said, "No, let's do as you say. You, Ji family, give me a receipt, and I will go to your Qingzhou branch to get the silver after I return." Sixty thousand taels, he was not really afraid that Ji family would not give it.
And this way, he would save the trouble of transporting silver.
In this way, after the two parties handed over the grain, Tao Xun felt relieved.
Young Master Ji asked, "Is Shopkeeper Tao leaving for Qingzhou?"
"What?"
"If it's nothing urgent, Shopkeeper Tao might as well stay in Nanyang for a while. The scenery in Nanyang is quite nice."
Hmm? Tao Xun looked at Master Ji. What does this mean?
Young Master Ji smiled but said nothing.
Tao Xun's heart moved, "Okay, I'll listen to you this time. Let's stay a little longer and take a good look around Nanyang."
He also wanted to see which side would win the final victory in the Nanyang dispute.
After selling the grain, Tao Xun felt relaxed. His state was noticed by the grain merchants in Qingzhou who were on good terms with him, and they all tried to get close to him.
Tao Xun had an idea and decided to become a middleman. He was idle anyway, and it would be too lonely to cut the meat by himself. He thought it would be better to persuade others to cut the meat together, so that there would be no worries after cutting the meat.
…
As the saying goes, cutting off someone's financial resources is like killing their parents.
For most foreign grain merchants, although they also hate Che Jiu Ming, the culprit.
This guy raised the price of grain to two hundred and eighty wen, and after luring them over, he couldn't maintain this price and cheated them badly.
But they hated the Ji family even more. The Ji family's practice of cutting the grain price by more than half and selling it at a fair price caused them to suffer such a huge loss all of a sudden, which was very painful for them.
It is always easier to blame others than to reflect on yourself.
As a result, almost all grain merchants from other places have been cursing Che Jiu Ming and Ji Wu Yin these days.
Xie Zhan had been paying close attention to the development of the entire situation and naturally noticed the emotions of the foreign grain merchants.
He had someone leak the news that the Liaodong Chamber of Commerce was the mastermind behind the low grain prices to these foreign grain merchants.
Xie Zhan already knew that Wu Ren had led his team out of Liaodong County and was heading to other places, intending to open stores. He had no other intentions, but simply wanted to stop Liaodong County's rapid development.
Grain merchants from all over the country: Liaodong Chamber of Commerce, right? We'll remember you.
The sale of affordable grain has always been openly led by the Ji family business, with the Liaodong Chamber of Commerce hiding behind it.
Now that his identity has been uncovered and he is hated by grain merchants from all over the country, Wu Ren simply goes all out and reveals his identity directly!
Everything has its pros and cons; they couldn't possibly shoulder all the downsides without reaping the upsides, could they? They bore the resentment of grain merchants from all over the country, but they would certainly secure the favor of the people of Nanyang.
The Luoyang branch of Ji's business sold affordable grain for four or five days in a row, and the quantity sold was very large.
Ordinary people queuing up to buy grain often saw this scene. As soon as the rice warehouse in front was empty, people from the Ji family would come forward carrying grain to replenish it.
On this day, there were as many people queuing up to buy food as usual.
An old lady named Zeng instructed her old man to line up, and then she called the young sisters from the same village to come to the side of Young Master Ji.
Young Master Ji's main job recently is to maintain order at the grain selling site. When nothing happens, he is quite free.
The aunts and grannies who came to buy grain tried to talk to him and found him quite approachable. Later, every time they bought grain, they would chat with him from time to time.
Somehow, the topic turned to food prices today.
Aunt Zeng asked Young Master Ji with concern, "Can you make money selling grain at this price?"
"Well..." Young Master Ji was considering what to say.
"Well, you don't have to tell me. You're definitely not making any money." Aunt Zeng then listed the reasons why Ji Shi wasn't making any money. "The grain hasn't been cheap this year. If you were selling last year's grain, shipped all the way from other places, the cost would be even higher."
Aunt Zeng's younger sisters also echoed, "Your Ji Chamber of Commerce is doing good deeds."
"I don't know how long your affordable grain can be sold?" The people don't seem optimistic about this.
Aunt Zeng said with a sigh of relief, "Why don't you raise the price a little? We can accept a small increase. At least we can make some profit and avoid losing money, so we can survive."
Such a good business, I’m really afraid it will go bankrupt if it stops making money.
Young Master Ji: ...There is no need to worry so much.
They had previously sold high and bought low, selling 400,000 dan of grain to the Yuzhou Grain Merchants Association at 230 wen per dou, and then secretly bought back over 300,000 dan at around 160 wen. In the past four or five days, they had sold 350,000 dan of grain at a low price.
The conclusion is that at present, they are not losing money, and are even making profits.
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