Daming Town Haiwang

Chapter 188, a million profits

In Incheon Port, the five Dafu boats are extremely busy here. The hired North Koreans are working hard to move bags of rice to the Dafu boat. You can get a penny by moving a bag of rice, and you don’t need to travel far. Such a good thing is I can't find it even with a lantern.

As for the students of the Maritime Academy, they are currently doing supplies, ship repairs, and canvas repairs before sailing, and are preparing to return to Daming again.

The time is relatively urgent. When Liu Jin came here, he had repeatedly told him to return to the voyage as soon as possible after purchasing food. Liu Jin needs food, and the more the better.

Du Mingen's side naturally firmly remembered Liu Jin's words, and all the food purchased back was rice, rice that had been removed from the chaff.

Naturally, it would cost more to buy rice directly, but Du Mingen is really not short of money now. All the glass products brought over this time were snapped up by North Korean merchants.

For glass products, especially mirrors, the Koreans, like the people in Daming, have almost no resistance. What's more, when these students are selling, they are all saying "how, how about our Daming", 'This thing is very rare and precious in our Ming Dynasty', 'This is the most popular thing in our Ming Dynasty', 'Only rich families can afford it' and so on.

These are all marketing methods that Liu Jin thought of in advance. In this era, North Korea learns everything from Ming Dynasty. Whatever Daming likes, North Korea is the same. Whatever is popular in Ming Dynasty, North Korea is naturally popular as well.

Coupled with appropriate hunger marketing methods, these five ships could have brought a lot of glass products, but Liu Jin didn't let Du Mingen bring too much, and there was a certain quantity limit for each item, which gave the North Koreans the feeling that This thing is indeed rare, if you start slowly, it will disappear.

So just bringing a boatload of glass products to North Korea, Du Mingen sold more than three million taels of silver, and he was very rich.

So I don't care whether the price of buying rice directly will be higher, but I care about how to bring more grain back to Daming.

After husking a catty of rice, there would be about seven or two rice left over. Bringing the rice back to Daming directly meant bringing an extra [-]% of the grain. Du Mingen naturally had a clear account of this.

"A blessing boat can hold about [-] shi of grain, and five ships can hold [-] shi of grain, which is a full five million catties of rice. It should be enough in a short time."

(After checking the information, Captain Fu is more than 24 meters long, 9 meters wide, and has a load capacity of more than 500 tons. Here, the lowest 500 tons is calculated. 500 tons is equal to 100 million catties. In the Ming Dynasty, a catty was about 560 grams, and a stone was about About 153 catties, I will simply remove the fraction here, so don’t worry too much about it.)
Du Mingen looked at the mountains of grain piled up on the shore, and calculated carefully in his mind. This time, he did not buy anything except grain.

And according to Liu Jin's instructions, the glass products are sold first to merchants who can provide a large amount of food. If they are purchased with food, they can also be given a price discount, so this time they also purchased enough food.

"The glass business is really lucrative. A boatload of glass products is brought over, not only in exchange for five million catties of rice, but also in exchange for three million taels of silver. The money spent on purchasing these grains is not even a fraction."

Thinking of this, Du Mingen couldn't help laughing.

He is also a businessman, and he used to be a grain businessman. He transported the rice from the south to the north for sale. He was a relatively successful businessman, and he saved a lot of money by trading in grain.

But compared with Liu Jin, he immediately felt that he used to be just a small fight, unable to get on the stage. Very good.

This is still grain trading, which belongs to one of the most profitable businesses in this era, and is listed as the most profitable business in this era along with the trading of salt, iron, silk, tea, and cloth.

But Liu Jin, a Xishan coal industry can earn millions of taels of silver a year just in the capital by selling coal that no one wanted before. The glass factory he built is even more profitable. The place where the dignitaries in the capital are rushing to spend, now they go to the sea to make a fortune. A trip to North Korea can actually earn three million taels of silver.

This method, the speed at which he made a fortune, he really admired.

Fortunately, he also has his part in this business. The fleet is separate from the glass factory. The money earned by the fleet belongs to the fleet, and the money earned by the glass factory belongs to the glass factory.

After all, the shareholders are different. The shareholders of the fleet are Du Mingen, Liu Jin, and Emperor Hongzhi, and the shareholders of the glass factory are Liu Jin and Zhu Houzhao. The accounts still need to be settled.

The glass products were first bought on credit from the glass factory, and the price was calculated at [-]% of the sales price at Gujinlou. When it came to North Korea, Du Mingen sold them at twice the price at Gujinlou.

So carefully calculate an account, and after going back, settle the money at the glass factory, and then pay the crew members who went to sea this time with salaries, rewards, etc., this trip can still make a profit of two million taels.

According to what was negotiated at the beginning, he, Du Mingen, can take one-third of the money. In other words, he can earn nearly [-] taels of silver in just half a month or so after coming to North Korea.

After counting this, Du Mingen couldn't stop smiling from ear to ear. The money came too fast and easily.

This strengthened his confidence in following Liu Jin to make a fortune.

"It's no wonder that those big families in the south are trying their best to go to sea to do business. This trip to sea is enough to last a lifetime."

Du Mingen thought of Jiangsu, Zhejiang, Fujian and other coastal areas, where many big families secretly went to sea to do business, and all of them were rich.

He used to only do grain trading, and had no experience with sea trade, so he didn't have an intuitive feeling for the profit of sea trade.

But now he knows the profit of this sea trade all at once, and he also personally understands what Liu Jin said about all the profits.

"This is just a trip to North Korea. If there is a chance to go to Europe or Africa in the future!"

At this time, in Du Mingen's eyes, the turbulent sea in front of him seemed to be a cornucopia containing mountains of gold and silver. As long as he had a boat, he could obtain endless wealth from it.

As for the sale of grain on land, he doesn't care about it at all now, so let others earn the hard-earned money.

　This shouldn't be too much~~
　　
　
(End of this chapter)