Chapter 494 - 454 Someone has taken a liking to our Chengmao
"How much grain do we have now?"
Within the General Mansion, Yang Zhenshan asked Zhu Yuan, the head of the Grain and Money Bureau.
"Reply to the Marquis, the grain already stored amounts to two million eight hundred thousand stones!" Zhu Yuan, following behind Yang Zhenshan, replied.
While walking toward the main hall, Yang Zhenshan continued to ask, "Then how much silver coin do we currently have?"
"Less than three hundred thousand taels were borrowed from the bank last month!" Zhu Yuan answered with some difficulty.
The General Mansion’s expenses had long outstripped its income, and not only that, but the General Mansion had also borrowed as much as six million in silver from Chongshan Bank.
"Is it possible to continue borrowing from the bank?" Yang Zhenshan frowned.
Zhu Yuan shook his head slightly and said, "This month, at most we can only borrow three hundred thousand!"
Yang Zhenshan had already stipulated that the amount of silver coin borrowed by the General Mansion from the bank could not exceed sixty percent of the bank’s savings.
This meant that the bank’s savings would have to reach five hundred thousand before the General Mansion could borrow three hundred thousand from it.
However, as time passed, the savings absorbed by Chongshan Bank became less and less. Last month there was nearly a million taels, but this month there might be less than eight hundred thousand taels. Moreover, with people possibly withdrawing their silver deposits, only about three hundred thousand taels can be borrowed.