Chapter 389 Different Reactions

The news that Ji's business sold affordable grain was a great surprise for the people of Nanyang. However, it was bad news for the Yuzhou Grain Merchants Association and Che Jiu Ming, and it was also a wake-up call for the foreign grain merchants who had come from thousands of miles away to transport grain.

Che Jiu Ming was stunned when he heard the news.

When he reacted, his face was grim. Ji Wuyin wanted him dead!

"Calculate how much grain I have in my account now!"

"Yes!"

The accountant of the Che Mansion began to check the accounts.

The accountant of the Che Mansion was quite diligent, and the accounts had always been well organized, so they handed in the results quickly.

Before Che Jiu Ming went to Liu's Money House to borrow silver, he had no cash in his hands, but 800,000 dan of grain. After borrowing the silver, he spent five days to eat a total of 167,000 dan of grain in Luoyang and Runan, spending about 430,000 taels.

Before he raised the grain price to 280 wen per dou, he personally had about 370,000 taels of silver and nearly 970,000 dan of grain.

The grain merchants sold grain at high prices for a few days, and sold a total of about 50,000 dan, of which 30,000 dan was his share, and he received 84,000 taels.

In other words, he now has a total of 940,000 dan of grain and about 450,000 taels of silver.

Now the price of grain is 120 wen per dou. If the other party really sets the grain price at 120 wen, the total value of the grain in his hands will shrink by 1.5 million taels.

For a moment, his face was extremely gloomy.

The old accountant of the Che Mansion hesitated for a moment, but still reminded, "Master, we still owe Liu's money."

Che Jiuming certainly remembered that the term of this money was three months. As long as he returned the 800,000 taels of silver he borrowed within three months, plus interest, it would be fine.

But he was unwilling to pay the money now.

Once the money was paid back, he would be at the mercy of others. Moreover, with the Ji family's branch doing this, the grain can't be sold at a high price. To pay back the money, he has to sell 350,000 shi of grain now to make up enough money to pay it back.

The old accountant was worried, "I'm afraid the grain price will fall further..."

"Impossible!" Che Jiuming refused to think about this possibility.

Ji's Chamber of Commerce did this, and all the grain sold was at a loss.

How much will they lose if the price is reduced again? How much grain does Ji have to lose?

Che Jiuming didn't believe how much grain Ji had!

Unfortunately, the cash in his hand could only buy 560,000 shi of grain. The silver was still too little!

The old accountant shook his head and sighed, and went out. The master was really too stubborn.

Che Jiuming understood the unfinished words of the old accountant, and he wanted him to admit it.

But how could he admit it when his wealth shrank by half in an instant? !

Che Jiu Ming gritted his teeth, "You want to kill me? Dream on!"

What the old accountant didn't know was that even if Che Jiu Ming was willing to lower the price, he had no chance. Luoyang would only set the grain price lower than his.

When the news reached Mei's house, Mei Zishan and Zhou Beicheng were having dinner.

After hearing the news, both of them were shocked, and at the same time, they were also frightened by the Ji family's business.

Oh my god, is this Ji's back-up plan?

They actually lowered the grain price to 120 wen per dou?

Mei Zishan and Zhou Beicheng looked at each other. If they hadn't sold it at a price of 100 (50) or 60 wen before, they would have lost more now.

You know, some time ago, although Che Jiu Ming's efforts raised the grain price to 280 wen per dou, there was almost no market. Che Jiu Ming went to several grain stores under the Grain Merchants Association and sold his own grain, but he didn't sell much.

If they hadn't rushed quickly, they would have really lost a lot now. Who knows if they would be directly smashed in the future? Now the small loss is a blessing in disguise.

Runan

The news that the Ji family branch sold a large amount of affordable grain swept Nanyang and the surrounding towns like a wave.

Xie Zhan and others also received the news soon.

Xie Zhan and the elites he brought from the south all gathered in the meeting hall.

Xie Zhan murmured, "This price is really cruel."

Xie Nan took a breath, "Is Liaodong County crazy? Selling grain at this price, Liaodong County will lose a lot, right?"

"Yes, at this price, the more they sell, the more they lose." Xie Bai was also puzzled, "What is Liaodong County doing? It's completely hurting others and not benefiting themselves."

Xie Zhan quickly calculated the account in his mind.

After arriving in Nanyang, they and Liaodong County sold a total of 600,000 shi of grain, Liaodong County sold 400,000 shi, and the 200,000 shi of grain they brought here were all sold out.

The Liaodong County's move, which caused a sharp drop in grain prices, directly caused the Yuzhou Grain Merchants Association to lose about 800,000 taels.

"The Liaodong County must have a trick up its sleeve," said Xie Zhan. He was not proficient in the business of commerce, but he was well versed in human nature.

Xie Zhan knew very well that Lu Songli was not the kind of person who would let himself suffer.

Gu Huaisheng, who had been silent, spoke up at this time, "Master Xie, I roughly know what the Liaodong County wants to do."

"What do they want to do?" Xie Nan was curious.

"In fact, they just want to provide disaster relief." Gu Huaisheng said with a complicated expression. In fact, they just want to provide disaster relief, but they are thinking complicatedly.

"Is this really the purpose? Just as the common people say, selling affordable grain, being a great philanthropist, and helping the court with disaster relief?"

The people present found it incredible, but they all knew that the people from Liaodong County came to Nanyang to help Zhang Xian deal with the problem of disaster relief in Nanyang. But is it really worth it to help at all costs?

"They need a lot of food to achieve this goal, right? Where does Liaodong County get so much food?" Lu Fei immediately grasped the key point.

"Yes, where do they get so much food?"

They calculated that before today, Luoyang had thrown out a total of 400,000 stones of food. Now that they are doing this affordable food, the people are flocking to it, so they should have a lot of food.

"Liaodong County should have joined forces with the Ji family. Both families are strong."

"But even so, Liaodong County and the Ji family need to prepare a lot of food, otherwise they can't meet the food needs of the people in Nanyang."

"Preliminary estimates show that both sides have to come up with millions of stones of food. They don't have to live like this?"

At this time, a young man next to Xie Nan exclaimed.

"What's wrong?" Xie Nan turned around and asked his nephew Xie Gui. Xie Gui was sixteen years old this year. He was brought out this time to let him experience some experience.

The others also looked at them.

Xie Gui looked embarrassed.

At this time, Xie Zhan said, "Just say whatever you want. Don't worry."

Xie Gui then said hesitantly, "Someone came to me secretly a while ago and asked me if I wanted food. Now I remember that the person who came to ask me was the manager of a member of the Yuzhou Grain Merchants Association."

Xie Zhan asked, "About when?"

Xie Gui replied, "It was when we came to Runan for eight or nine days."

"Why didn't you tell me about this?" Xie Nan asked him sternly.

Xie Gui felt wronged. He didn't understand this. At that time, they were all selling grain. How could they collect grain?