Wealthy beyond measure, yet you call me a sister-supporting-brother demon?
Chapter 482 Shen Fanxing is stunned
Yesterday, the cloth merchants' association held a meeting, and everyone confirmed that all the cotton cloth in the warehouses of these small cloth merchants had been sold off.
Everyone was very happy that day, as everything was going according to plan.
These small cloth merchants only have some silk products left in stock, and soon they will find out that they have been cheated by Yuansheng.
If they show remorse and promptly bring a large sum of money as a token of their respect to Liu Tianchao's residence to kowtow and apologize, Liu Tianchao will let them off the hook.
We will continue to supply them with goods.
Of course, Liu Tianchao already disliked those eight suppliers, so he wasn't so kind. It was only a matter of time before he cut off their supply, bought their shops, and drove them out of the industry.
Among the people Liu Tianchao disliked was Wang Tianrui from Qing County.
Therefore, Shen Fanxing was very much looking forward to seeing how long Wang Tianrui, who had no family wealth, could hold on.
Shen Fanxing was drinking fragrant tea at Shen's Cloth Shop when a servant who was gathering information rushed in to report the news.
"Master! Something terrible has happened! A long queue has formed outside Wang's Cloth Shop, and the customers are eager to rush in and buy cloth!"
Shen Fanxing put down his teacup. "What exactly happened? Is Wang Tianrui still smashing the plate with a cotton cloth?"
"Master, the cotton cloth that Wang Tianrui has brought this time is a completely new variety. I've never seen it before, and the price is extremely cheap!" The servant panicked.
Shen Fanxing's heart began to race. A variety he had never seen before? And it was so cheap?
Is the wholesale price of fifty coins per bolt of cotton cloth real?
Shen Fanxing suddenly felt dizzy. If it was true, what would happen to the cotton cloth in his warehouse?
This isn't even the worst part. How will the cloth shop do its cotton cloth business in the future?
What if Yuansheng is petty and refuses to wholesale cotton fabric to them?
In a flash, Shen Fanxing thought of many things, but he quickly calmed down. "How much does one horse cost? What is the quality like? Why don't you buy some samples?"
"Your Excellency, there are too many people in line. By the time it's my turn, it will probably be dark," the servant explained.
Of course, there was another reason: if the servant wanted to buy cloth, Shen Fanxing had to pay for it first. Given Shen Fanxing's nature, if he paid for it with his own money, Shen Fanxing might not reimburse him.
The servant said, "Sir, if you're not in a hurry, I'll go queue up now. I don't have any money on me..."
Shen Fanxing didn't even ask the servant to go to the accounting office to get the money. He couldn't wait to see the cloth. "Here's one hundred taels of silver. Go and line up to buy it right now. Buy one bolt of cloth of each type."
The servant accepted the silver notes with both hands. "Yes, sir!"
The servant ran to the entrance of Wang's Cloth Shop in a flash. By then, there were even more people queuing up. The women who had already bought cloth couldn't help but "share" their goodies with their neighbors.
Other women, seeing such high-quality and inexpensive fabrics, jogged to Wang's Cloth Shop to queue up. They couldn't wait to take these silk fabrics home.
When Shen's servant arrived at the entrance of Wang's Cloth Shop, good heavens! The line had already stretched for two hundred meters.
The servant wasn't in a hurry; queuing here was more comfortable than going back to his post.
When it was finally the servant's turn, Wang Tianrui recognized him as Shen Fanxing's personal servant.
Wang Tianrui instructed the waiter to sell the cloth to Shen Fanxing as usual, since Shen Fanxing and his ilk would find out sooner or later anyway, so he might as well make a small profit.
The servant gently stroked the fabrics, especially the cotton brocade. Its feel and luster were almost indistinguishable from silk, yet it was made of cotton.
And this ordinary cotton cloth is of much better quality than that produced in Jiangnan!
He broke out in a cold sweat instantly!
The cloth industry is about to undergo a major transformation!
After buying the cloth, the servant carried it back to the Shen family's stall.
"Sir, look! I've already bought all the cloth."
"This is the price quote for these fabrics."
"Plain cotton cloth is priced at 230 wen per bolt."
Printed solid color cotton fabric, 270 cash.
Jacquard cotton fabric was priced at 480 wen per bolt.
The price of poplar silk was 570 wen per bolt.
"Jacquard cotton silk costs eight hundred cash a bolt."
"This is poplin. According to the shopkeeper, this fabric only looks like silk, but it is actually made of cotton."
Shen Fanxing touched the silk fabric, his face filled with shock!
Good heavens! This cloth is comparable to silk, but it only costs 570 coins per bolt, which is only one-tenth the price of silk!
The Yuan family actually invented this cotton cloth that is comparable to silk?
And these exquisite jacquard patterns, so beautiful, embroidered on poplar silk, only cost eight hundred coins a bolt!
With such embroidery, the silk would probably cost more than ten taels of silver!
Shen Fanxing's mind went blank. If that were true, the cotton cloth from Yuan's Weaving Factory entering the market would not only completely disrupt the cotton cloth market, but also affect their silk market.
Of the four basic necessities of life—clothing, food, housing, and transportation—clothing is the most important. Although the profit margin for customers in the middle and lower classes is low, the sales volume is enormous.
Yuan's weaving factory's cotton cloth will completely occupy the low-end market, and then occupy the mid-end market, leaving only some high-end market. With so many people sharing the market, how much business will they have left in the future?
Shen Fanxing dared not even think about it.
He carefully stroked these monochrome cotton fabrics. They not only had both horizontal and twill weaves, but the colors were also more vibrant and beautiful than the previous fabrics, and the texture was also denser.
The selling price is only 230 coins per bolt. How low can the wholesale price be?
Is it really fifty coins a bolt of cloth?
Thinking of this, Shen Fanxing's eyes suddenly lit up. If that were the case, could they also take the opportunity to place an order with the Yuan family?
The cloth market in Jizhou has changed drastically, and these people have suffered losses.
The cloth market in Daqian is about to change! If he can seize the opportunity, could he also make a fortune and quickly seize the market in other prefectures and counties?
Thinking of this, Shen Fanxing's agitated heart stirred with excitement again.
Compared to these Jizhou merchants, they lost the initial advantage, but they had an advantage over cloth merchants from other parts of Daqian.
Shall we set off now for Yuan's family in Shanhou Village?
Shen Fanxing felt conflicted and struggled as she thought of Liu Tianchao.
Well, I should still tell him. After all, Liu Tianchao is also paying attention to this matter and will get the news soon.
He knew that when he went to Yuan Sheng, he would definitely say that Yuan Sheng was disloyal.
He still needs Liu Tianchao's help to get the silk fabrics and other cloths.
Having figured this out, Shen Fanxing quickly had his servant prepare the carriage, and he personally carried the bolts of cloth to Jizhou Prefecture.
Liu Tianchao, with his large belly protruding, was playing with birds in his mansion.
Seeing Shen Fanxing hurrying over, he teased, "Why are you in such a rush? You scared my myna bird! Is a dog chasing you?"
"Tianchao! Something terrible has happened! Look what this is!" Shen Fanxing told the servant to put the cloth on the table next to him.
Liu Tianchao put down the birdcage, picked up a piece of jacquard cotton from the table, and his bright little eyes widened even more!
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