1855 United States Tycoon
Chapter 368 Wake up (1)
"Mr. Morgan, several of us think that his terms are not non-negotiable. But by doing so, can we obtain a part of the equity or other things, such as iron ore, and part of the railway as collateral?" A bank The family raised such a question. Morgan knows that this person's small circle tends to be conservative, and now even they feel that most of the bankers seem to be tempted to talk about this transaction.
"They should accept this request." Another banker said, "Anyway, as long as they can maintain the supply to us in accordance with the contract, it will have no effect on them. And the output of McDonald's steel should not be There are problems. Especially under the premise that Carol is also trying to reduce the supply of Volkswagen. But we asked them how much collateral is better?"
"Is everyone so confident that we can really grab a sufficient share in the auto industry?" Morgan asked. Seeing that almost all bankers are full of confidence, Morgan did not feel much encouraged, but rather an unreasonable worry.
"Of course. Mr. Morgan, you think, Carol MacDonald and Dorothea have clearly broken. You also know that once a family breaks up, the two parties will hate each other more than foreign enemies. It is cheaper to get it. With the support of Edison’s technology, I don’t think there will be a big problem in this business. Maybe it’s impossible to completely defeat Volkswagen in the automotive industry, but there is no problem in forming a stalemate." A banker replied.
"Furthermore, Mr. Morgan, we can also list General Motors stock. Now the whole society is generally optimistic about its development. I believe that its stock will rise sharply. At that time, we will be able to make a fortune by relying on the stock income alone. And if something really goes wrong, we can also sell the stock in our hands first. In this way, our risk is even smaller. Therefore, I also think that as long as Mr. Carol McDonald Willing to take out enough collateral, this transaction is worth doing." Another banker also said the same.
"Well, Scholes. Since even you said that, let's discuss the next step. We should ask him to put out something as collateral." Morgan said with a sigh. Although he still faintly felt that something was wrong, he himself couldn't find any reason to oppose it. So much so that he doubted whether he was a little nervous.
...
Half a month later, General Motors was officially listed on the New York Stock Exchange, and the first phase of stock offering was 2.5 million US dollars. On this day, the newspaper disclosed a new transaction between McDonald Steel and General Motors. General Motors obtained a large amount of very cheap steel resources at the expense of paying a large sum of money for the goods from McDonald Steel. McDonald Steel uses part of its mines and railways as collateral for the delivery of steel products. The newspaper also specifically compared the production costs of General Motors and Volkswagen after the completion of the transaction, and concluded that the costs of both parties are quite close, and that General Motors' costs are even lower.
"Of course, at present, Volkswagen still has some technological advantages. In addition, in terms of brand, it is more trusted by consumers than'GM'. But in the long run, its future is not particularly clear. First of all, the internal division of the Macdonald Consortium has brought too many uncertainties. For example, in the Cleveland Snow Lab, the distribution of power in this modern miracle institution, it seems that it is Dorothy. Ya has the upper hand for the time being, but what it will look like in the future depends on the final judgment of the court. Will the Macdonald Consortium still provide so much support to the big laboratory in the future? (After losing Scrooge McDonald’s After that, at least in terms of technology, it is no longer possible for them to provide such support. This loss is irreparable. The question now is, can they still guarantee the needs of the large laboratory in terms of funds?) The large laboratory is in After the inevitable decline in efficiency, whether it can provide support to Volkswagen as before has to be put on a question mark. On the other hand, Mr. Edison’s laboratory will also increasingly give “General Motors” an award. Greater support. So, in the long run,'General Motors' is even more promising than'Volkswagen'..."
Encouraged by this prospect or Qian Jing, the shares issued by "General Motors" have achieved great success, and the stock price has been rising steadily. Since there was no daily limit mechanism at that time, the two million new shares issued in a short period of time It was sold out within an hour, and its price rose by as much as 45 percent in a short trading day.
Relying on the two million U.S. dollars raised on the stock market, coupled with the large sum of funds invested by the Morgan Consortium, "General Motors" has begun to enter the stage of major construction. New factories and new production lines are constantly being launched. At the same time, their new generation products have also begun to be put on the market.
...
"Scrooge, our people have conducted relevant tests on GM cars. Generally speaking, it is not bad. Although there is still a gap with ours, considering the price, it can be said to be quite attractive. It's hard." Carol said to Scrooge.
"Carol, how much did you receive?" Scrooge asked.
"A total of 1.8 million U.S. dollars. It can be said that the money they raised from the listing is basically in my hands." Carroll replied.
"At present,'General Motors' has built two new factories, expanded the scale of the current factory, and added a new production line. It is estimated that the annual output of various cars will exceed 20,000. We have calculated the entire investment, and it should be Not less than a million dollars. What should we do?" Frank asked also.
"Dorothea, you go to the Rothschild family and discuss with them about the sale of the valley oil field. Of course, the negotiations should be negotiated slowly, not really settled. It is enough to let the wind come. At the same time, we have also invested in building new production lines and expanding the scale. We have also slightly reduced the price. In addition, how is our new engine developed?"
The so-called new engine refers to two things, one is a brand new V6 gasoline engine. This machine has surpassed the level of the Ford Model T that has swept the United States in history, and can reliably output 30 horsepower. Scrooge intends to use it as the driving force for Volkswagen's new generation of private cars. As for the overall design of the car, it is basically copying the Volkswagen 1938 version of the Beetle. Just because of some technical reasons, the current McDonald Volkswagen still has a 25-horsepower air-cooled engine without a 1.0-liter displacement. In addition, the strength and quality of the steel used is much worse than in 1938. Therefore, it is impossible to copy completely. Only the strength is not enough to make up the thickness. But after the thickness increases, the weight of the whole car will of course also increase, and then various performances will decrease accordingly. Historically, the 1938 Beetle used a 25-horsepower engine to reach a top speed of 62 miles (close to 100 kilometers) per hour, because this car only weighs 650 kilograms. In this era, McDonald’s Volkswagen Beetle is estimated to weigh at least 1.2 tons, so although the engine has more horsepower, the speed is definitely not up to this level. However, if this thing is really successfully completed, it is estimated that it will definitely put tremendous pressure on ‘General Motors’.
The second engine is a diesel engine. In Scrooge's plan, this thing will be used to produce various agricultural machinery, heavy-duty trucks, and to be used by small ships. It's just that Scrooge is in a "coma" and can't directly guide research and development, which has caused the speed of research and development to drop significantly.
"The new gasoline engine is almost ready, but the diesel engine still has many problems." Dorothea replied.
"When will the two new GM plants be put into production?" Scrooge asked.
"According to their public information, it will be this time next year." Rockefeller said, "Scrooge, I think you suddenly "woke up" at that time, it should be good."
Scrooge lowered his head and began to make malicious calculations. By that time, Morgan and the others had already invested in the funds, because they were full of expectations for profitability and the rise of stocks again. Those guys should have a lot of money in their hands. Shares. Then, you may need to choose a Sunday, the day when the stock market is closed, and suddenly wake up, and at the same time, let Volkswagen withdraw from their Beetle, which sells for no more than three hundred dollars. I believe that one day is enough time for these two news and the panic they bring to spread across the entire market. Then, as soon as the market opens on Monday, the stock price will move so fast that those guys will not have time to sell it. By that time, some bankers will really jump off the building.
"Very good. Let's do that." Scrooge said. Then he asked: "How is the research on new anti-bacterial drugs?"
In fact, the research on antibiotics has already yielded certain results. The major discovery that certain molds can secrete something that inhibits or even kills other bacteria has been dusty in MacDonald’s large laboratory for a long time. It's just that the related purification work is still quite difficult. However, under the circumstances that large sums of funds have been smashed, certain results have been achieved, and even if necessary, it is not completely impossible to carry out production now. It's just that Scrooge felt that it was not time for this thing to appear. Because it will affect the sulfa business.
"No, you can't wake up for this reason." Dorothea said cleanly. "This thing hasn't appeared yet. This thing should appear at the time of the European war you predicted. In fact, find any time to let Wouldn’t it be enough if Mr. Maxwell came to read you the paper again? It would be uneconomical to expose such a thing in order to create a story."
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