The price falls was not equal to that the enterprise production cost falls, the factor that because even the manpower and industrial material rise, the production costs of many enterprise rise rather than drop. 物价下跌不等于企业生产成本下跌,甚至因为人工、工业原材料上涨的因素,很多企业的生产成本不降反升。 UK and Russia provide needs the order to be lower than the market expectation, many industries faced with supply in excess of demand. Under this situation, the day of fabrication industry naturally does not feel better. 英俄两国提供的均需订单低于市场预期,多个行业面临供大于求的局面。在这种背景下,加工制造业的日子自然不好过了。 In order to survive, everyone has to fight the price war. Responded that the quick enterprise is good, at least at the beginning of last year war broke out gained one greatly. 为了生存下来,大家不得不打价格战。反应快的企业还好,起码在去年战争爆发初期大赚了一笔。 In the first quarter the market has dropped, generally speaking the profit is also good. Since the second quarter on the tragedy, one pile will be fantasizing from now on the fellow who makes the war wealth joined, further intensified the market competition. 一季度市场有所回落,总体上来说利润也是不错的。进入二季度过后就悲剧了,一堆幻想着发战争财的家伙加入了进来,进一步加剧了市场竞争。 Withdrawal is not possible, the fund had turned into the mechanical device and workshop, at this time to could not find the taking over a business hero. 退出是不可能的,资金已经变成了机械设备、厂房,这个时候离场根本就找不到接盘侠。 Relatively speaking what was attacked is smallest was British Enterprise, the government procurement first domestic, invisible in had the biggest advantage. 相对而言受冲击最小的是英国企业,政府采购优先国内,无形之中占据了最大的优势。 In great nation most miserable without doubt is the French industry and commerce, the order of British government cannot snatch, the Russia order faces the competition that Austria is benefitting. 大国之中最惨的无疑是法国工商业,英国政府的订单抢不到,俄国的订单又面临着奥地利的竞争。 The French government is willing to provide the bond to the Russia person, in fact also to scramble for the market, took the franc naturally to purchase the French commodity. 法国政府肯给俄国人发放债券,实际上也是为了争夺市场,拿了法郎自然要采购法国商品了。 Even so , the French industry and commerce also can only get some daily necessities orders, the profit biggest war industry domain cannot compete with Austria to benefit. 即便是如此,也法国工商业也只能拿到一部分日用品订单,利润最大的军工领域根本就竞争不过奥地利。 It is not French Enterprise not diligently, is not the Russia person distinguishes to treat, is the defense system is mainly different. 不是法国企业不努力,也不是俄国人区别对待,主要是军工体系不一样。 suddenly Austria weapon caliber was consistent, buys can use directly, the logistics maintenance was very convenient. 俄奥武器口径一致,买了可以直接用,后勤维护保养都很方便。 If bought the product of French, not only the soldier needs to train, the logistics supply and maintenance is the major problem, the wartime years Tsar government must consider the usability. 要是买了法国人的产品,不仅士兵需要重新培训,后勤补给、维护保养更是大问题,战争年代沙皇政府必须要考虑实用性。 ...... …… On May 24 , 1890, is a listed company announced that the day of financial statement, Paris Bourse is the sea of people. 1890年5月24日,又是一个上市公司公布财报的日子,巴黎证券交易所已经是人山人海。 Expression that is cheerful and lively from everyone, can know that everyone is very happy. Looks forward to eagerly, the British and Russian war that hopes breaks out, present to harvest time. 从大家有说有笑的表情,就可以知道大家的心情很不错。盼星星盼月亮,才盼的英俄战争爆发,现在到了收获的时候。 Erupts from the British and Russian war now, Paris Stock Market average stock price increase Gundam/reaches as high as 23.7, the foreign trade enterprise sector increase once broke through 57, the stock price turns time is not infrequent. 从英俄战争爆发到现在,巴黎股市平均股价涨幅高达23.7,外贸企业板块涨幅更是一度突破57,股价翻倍的都不在少数。 Prussia in time of war -based the large return, everyone the anticipation to the British and Russian war is high. Especially the last quarter of last year financial statement, proved this point. 基于普俄战争时期的丰厚回报,大家对英俄战争的期待非常高。尤其是去年最后一个季度的财报,更是证明了这一点。 Falls as for the price, was sorry that the French People have not felt. Because of the reason of tariff barrier, the price of France was been relatively small by the influence of international market. 至于物价下跌,抱歉法国民众没有感受到。因为关税壁垒的缘故,法国的物价受国际市场的影响相对较小。 This year information transmit is also slow, the capitalists are the astute lord, the export income are less to anticipate, the product backlog to be serious, these news naturally must strictly keep secret. 这年头消息传递又缓慢,资本家都是精明的主,出口收益不及预期、产品积压严重,这些消息自然要严格保密了。 If divulges a secret ahead of time, who takes over a business to them? The market regulation of this year is about equal to zero, has the problem after the first quarter sale, everyone in slow reduction stock. 要是提前走漏了风声,谁给他们接盘呢？这年头的市场监管约等于零,从一季度销售出现问题后,大家就在缓慢减持股份。 Under the good news, the ordinary investor does not know unceasingly the crisis has approached. 在不断利好的消息下,普通投资者根本就不知道危机已经临近。 Before the exchange, the fatty who a slightly middle age puts on weight is taking a financial newspaper to look with great interest. 交易所前,一名略中年发福的胖子正拿着一份财经报纸看得津津有味。 „Is Yami Kaess, what looking at?” “亚米克斯,在看什么呢？” Middle-aged fatty Yami Kaess regrettable reply: „ Financial newspaper, Heikes Textile Mill is negotiating with the Russia person, if as expected is a 30 million francs big list! 中年胖子亚米克斯略带遗憾的回答道:“财经报纸,海克斯纺织厂正在和俄国人进行谈判,如果不出意外的话又是一笔三千万法郎的大单！ What a pity I am timid, few days ago heard Heikes Textile Mill product backlog is serious, withdrew from half then to buy up Philippines Dolonnur Machine Shop, missed this wave of quotation. ” 可惜我胆子小,前些日子听说海克斯纺织厂产品积压严重,退出了一半转而买入了菲多伦机械厂,错过了这一波行情。” Comes the person to comfort saying: „Doesn't matter, Philippines Dolonnur Machine Shop is also good. The downstream market is so good, the enterprise is expanding the capacity, how is the performance of upstream device manufacturer possibly also bad?” 来人安慰道:“没有关系,菲多伦机械厂也不错。下游市场这么好,企业都在扩充产能,上游设备生产商的业绩又怎么可能差呢？” This is the most general experience, the industry, once, the enterprise on entire industry chain will ok profit. 这是最通行的经验,行业一旦好了,整条产业链上的企业都会受益。 Yami Kaess shakes the head, the upstream enterprise will not profit false. But the stock price increase, absolutely does not have the concerned enterprise increase to be big. 亚米克斯摇了摇头,上游企业会受益不假。但股价涨幅,绝对没有当事企业涨幅大。 The present is in time of war, any industry that and strategic resources are related is good, how possibly to present the large-scale product backlog? 现在是战争时期,凡是和战略物资相关的行业都是利好,怎么可能出现大规模产品积压呢？ Even piles up, that is still the enterprise hoards! Thinks of here, Yami Kaess greeted entire family of transmission news fellow directly. 就算是积压,那也是企业囤积居奇啊！想到这里,亚米克斯直接问候传递消息家伙的全家。 Looks smiles comes the person, Yami Kaess exploratory nature to ask: „Anthony, I remembers that you also bought this stock, this time should harvest well.” 看着满脸笑容的来人,亚米克斯试探性问道:“安东尼,我记得你也买了这支股票,想必这次应该收获不错。” Anthony shows a faint smile: „ Caught up by chance, without buying many, 20,000. 安东尼微微一笑:“碰巧赶上了而已,没买多少,也就两万股而已。 However Yami Kaess, your courage was also too small. Makes our lines importantly is the mentality, must analyze the overall market, does not absolutely need to pay attention to the hearsay. 不过亚米克斯,你的胆子也太小了。做我们这行最重要的就是心态,要分析整体市场,根本就没必要关注小道消息。 The capitalists are not the fools, if the product backlog is serious, they have long known that the lay-off, reduced production, where looks like now main street and small alley is the recruiting advertisements! ” 资本家又不是傻子,如果产品积压严重,他们早就知道裁员、减产了,哪像现在大街小巷都是招工广告！” Hears a friend analysis, Yami Kaess's complexion was uglier, as if owed hundred million. 听到朋友一分析,亚米克斯的脸色更加难看了,仿佛是又亏了一个亿。 Judging enterprise operational aspect from labor market, this is the ability of ordinary investor most foundation, even if stock market little white should also know. 从劳动力市场上判断企业运行情况,这是普通投资者最基础的能力,哪怕股市小白也该知道。 Especially to the manufacturing industry, the enterprise prepares for war wantonly, absolutely is the market best time. 尤其是对制造业来说,企业大肆招兵买马的时候,绝对是市场最好的时候。 Seemed like the consciousness saying that Anthony quickly recovered said: „ Ok, Yami Kaess. Now waits for the enterprise to announce the financial statement patiently, gains in any case, nothing but is many issue. 似乎是意识说过了,安东尼急忙补救道:“好了,亚米克斯。现在等企业耐心公布财报吧,反正都是赚,无非是多少的问题。 Perhaps performance Cao Peng of machine shop, stock price increase also above textile mill. Must know a period of time, the new factory that braves may be many, they need to purchase the equipment. ” 没准机械厂的业绩曹鹏,股价涨幅还在纺织厂之上。要知道最近一段时间,冒出来的新厂可不少,他们都是需要采购设备的。” Finishes speaking, hears some people to shout again: „This is impossible!” 话音刚落,就听到有人再喊:“这不可能！” „This not real, certainly is deceiving me is right?” “这不是真的,一定是在骗我对不对？” ...... …… As a financial statement of each family enterprise presented that similar sound started lingeringly on faintly. 随着一家家企业的财报亮相,类似的声音开始不绝于耳。 Realized is not right, but also in Yami Kaess and Anthony in crowd surrounding, quickly pushes to the exchange. 意识到了不对,还在人群外围的亚米克斯和安东尼,急忙向交易所中挤去。 However all these, attained the investor of financial statement late, after experiencing the initial flurry, has started to dump the stock. 不过这一切都晚了,拿到了财报的股民,经历了最初的慌乱后,已经开始抛售股票。 In the market completely sells the list, cannot see to pay. All investors know, the market must be finished. 市场上尽是卖单,根本就看不到买单。现场的所有投资者都知道,市场要完蛋了。 Sees the situation to lose control, one crowd had the police of preparation to appear in the market early did not have, to start to maintain the order. 见局势失控,一群早有准备的警察出现在了市场没,开始维护现场秩序。 Closed by that night, Paris Stock Market fell 8.6 directly, a part stock cut in two at the waist directly. 截至到当天晚上收盘,巴黎股市直接下跌8.6,部分个股直接被腰斩。 This is only a start, the enterprise of financial statement today announces is only a small part, the remaining enterprises will also announce in following one week. 这只是一个开始,今天公布的财报的企业只是一小部分,剩下的企业还会在后续一周内公布。 If most enterprises are less than the market expectation, that is the real disaster, now can only be the appetizer. 如果大多数的企业都不及市场预期,那才是真正的灾难,现在只能算是开胃菜。 But this appetizer, tossed about the increase of Paris Stock Market more than half a year directly did not have half. 只不过这道开胃菜,把巴黎股市大半年的涨幅直接折腾没了一半。 ...... ……