lcionline Chapter 221 Cotton Mill Agent
Chapter 221 Cotton Mill Agent
"Ladies and gentlemen, bosses, the next agency right belongs to the cotton mill.
I believe everyone has seen this soap shop, but Tangji’s cotton shop has not yet opened.
As everyone knows, Shen Tang has only just started growing cotton for a year, and donated it to the soldiers in the northern border last year.
Therefore, Shen Tang still doesn’t know how the cotton mill’s business is going.”
"This year's cotton has just been harvested, and the workshops in Jiangnan are still spinning. Therefore, the opening time of this cotton workshop will not be as early as that of the soap workshop, and it may take two months."
Jiangnan is currently engaged in textile production. After the textile production is completed, part of the products will remain in Jiangnan for sale, and part will be sent to the capital.
However, the amount of cotton planted this year is not as much as the amount of grain, so the quantity is limited.
Shen Tang stated all the prerequisites in advance.
Sure enough, after hearing what Shen Tang said, everyone in the audience began to whisper to each other.
"Ah? I don't know about this cotton mill yet. I thought it would be similar to the soap mill."
"This soap is a rare commodity, after all, but this clothing fabric can be made without cotton. If the price is too high, I won't buy it."
"Yes, if you don't wear cotton clothes, you can wear something else. I guess even if this cotton mill is really opened, the business won't be as good as the soap mill."
"If this were a cotton mill, the price would be around fifty or seventy thousand. I don't think it's worth it."
......
The people who talked the most were businessmen.
The prosperity of the world is for profit; the hustle and bustle of the world is for profit.
They are essentially businessmen. When they are unfamiliar with a business, the first thing they look at is whether it can make money.
As for backers, once the business grows bigger, you will naturally have a few backers.
Although Ning Anhou is now a favorite of the emperor, they also have many powerful backers among those present.
It was a business that could make money, but now it is still unknown.
Anyone would feel sad to see tens of thousands of dollars go to waste.
"Since this cotton mill has no actual income to support it, I would like to explain the specific content of this agency to you first.
After becoming an agent, cotton cloth, cotton clothes, quilts, etc. will be provided by Tangji, and the agent will only be responsible for buying and selling. However, the profit will be split 30% and 70%.
Shen Tang announced the division of profits in advance, which should have been announced later.
Sure enough, after this was said, the discussion on the scene became even more heated.
The general sitting next to Marquis Cheng'en nudged him:
"Is this also how you divide the profits of your soap shop?"
Marquis Cheng'en glanced at the Grand Marshal and nodded.
But someone spoke up:
"My Lord, isn't this 30/70 split a bit too little? We work as shop assistants and do all the hard work, and we only get 30%?"
"I won't force you to have the right of agency."
Shen Tang answered very firmly.
It doesn’t matter if no one takes pictures. After all, in her opinion, the profit of the cotton mill is no less than that of the soap mill.
It might even surpass Zaofang, but Shen Tang didn't dare to say.
Originally, Shen Tang from the cotton mill was struggling over whether to exercise the agency rights, but then he changed his mind and decided that it was still necessary.
The price of cotton cloth must be controlled from the beginning. If it is not controlled from the beginning, it will be difficult for the market to lower the price later.
Originally, Shen Tang was thinking about wholesale and retail.
However, this will definitely be used by those with ulterior motives to take advantage of the regional and time differences and earn extra high prices.
Cotton was originally meant to be distributed to the common people. If it is used to make profits, it will lose its value.
So Shen Tang finally chose to use the same agency rights as the soap shop.
Control the price before cotton starts.
Even if other cotton merchants appear in Da Qi in the future, the price will be affordable for ordinary people.
"This cotton mill hasn't even figured out whether it can make money, yet they've already started selling the agency rights. Ning Anhou is really too bold."
"What if, what if the cotton mill can make money?"
Someone objected.
"You spend fifty thousand taels on one and don't know if it will make money. It's not worth it."
"I'd better take another look."
Many people began to back out.
The powerful and wealthy also feel the same way.
If I had known earlier, I would have paid more money to take over the soap factory. I don’t know whether this cotton factory is profitable or not, but at least the soap factory is making money!
Shen Tang took in everyone's expressions.
Fortunately, she mentioned the profit-sharing issue in advance, otherwise if someone took the photo but disagreed with the profit-sharing, it would be really embarrassing.
"Tangji Cotton Mill Agent, North City Branch, starting price: 1,000 taels, each bid must be no less than 10 taels of silver."
One thousand taels, the same as the starting price of the soap shop before.
"One thousand five hundred taels."
This time the bid was obviously much different from that of the soap shop.
Everyone bidding at the soap shop's auction increased their bids by one thousand taels at a time, and sometimes the price could even go up by several thousand taels.
However, everyone was obviously much more conservative about the auction of this cotton mill.
And there were fewer people bidding.
Half of the people are just spectators.
"Ten thousand taels."
Although the number of bidders was not as large as during the soap workshop auction, the price of the cotton workshop agency rights also exceeded 10,000.
After the price exceeds 10,000, there are fewer people chasing the price.
"Fifteen thousand taels."
Finally, the dignitary sitting at the top spoke.
It was none other than the Grand Marshal sitting next to Marquis Cheng'en.
The Grand Marshal was born into a military family and admired Shen Tang.
Moreover, he had also seen the cotton-padded clothes and quilts. They were good things for the people, even for some ordinary officials.
There is no way such a good thing cannot be sold.
Since you are all waiting and watching, I will take action.
Among food, clothing, housing and transportation, clothing comes first.
The general felt that this cotton mill had great potential.
Sure enough, as soon as the general announced the price, the merchants stopped bargaining.
A tacit understanding was inexplicably formed on the field.
Shen Tang thought that the price of the cotton mill agency rights would not be very high, but fifteen thousand taels was a little lower than he expected.
The general stood up and bowed to everyone.
"I say, you spent this money on this, wouldn't your wife be angry if she knew?
"That's right, fifteen thousand taels is not a small amount."
The dignitaries didn't expect that it was the general who spoke.
"It's okay. I think cotton is a good thing. It should be fine. If it doesn't work, I'll donate it to the soldiers in the future."
"Grand Marshal Gao Yi!"
With the Taiwei's 15,000 taels paving the way, the agency rights in the south of the city became relatively easy to obtain.
Finally, it was bought by a silk business owner for 28,000 taels.
The silk shop owner's surname is Yang, and he is also a famous wealthy businessman in Beijing.
Boss Yang is a slightly plump man with a round face and a big smile.
"Thank you very much, everyone. Thank you very much."
Thank you all for not recognizing the value of this valuable item and allowing me to snag it at a bargain price of 28,000 yuan.
The Yang family started to worry about their silk business after Shen Tang's cotton came out.
After all, no one knows how good this cotton is better than them.
The ordinary people of Da Qi will definitely be impressed by this cotton.
Just when the Yang family was anxious, it was announced that Ning'an Hou wanted to sell the agency rights of the cotton mill.
This is really like a sleepy head meeting a pillow.