After the establishment of Rishengchang Bank, its business flourished and developed rapidly. Daoguang has been in Beijing, Suzhou, Yangzhou, Chongqing, Sanyuan, Kaifeng, Guangzhou, Hankou, Changde, Nanchang, Xi 'an, Changsha, Chengdu, Qingjiangpu (in Jiangsu), Jinan, Zhangjiakou, Tianjin and Hekou for 30 years. According to the statistics of Beijing Rishengchang 14 semicolon, 583,762 taels of silver were earned in the thirty-second year of Guangxu (1906). Driven by Rishengchang Bank, Shanxi merchants followed suit and invested in banks. For example, Jiexiu Hou Shi hired Mao Hong (Sui Yu), former deputy manager of Rishengchang Bank, as the manager of Wei Taihou Silk Store. After Shi Mao took office, Cai Donghou's family reorganized Weitaihou Silk Shop, Weishengchang Silk Shop, Tianchengheng Cloth Shop, Xintai Thick Silk Shop and Weifuhou Silk Shop into banks, forming a five-letter number headed by Weitaihou. Naturally, Jin people in tea houses, pawn shops, silks and satins, silk cloth industries and fur grocery industries in Beijing and Tianjin have set up imitations, and often attach ticket villages to this number. The development of banks was roughly in the Daoguang period, when there were only ten banks, namely Rishengchang, Weitaihou, Tianchengheng, Weifuhu, Weishengchang, Xintaihou, Rixinzhong, Guangtaixing, Heshengyuan and Zhicheng. Due to the peasant uprising in the Taiping Heavenly Kingdom during the Xianfeng period, the development of ticket banks was frustrated by the war. Since Tongzhi years, banks have entered a new period of development, reaching its peak in Guangxu years. Please see the following statistics on the number of banks in Shanxi:

Xianfeng decade (186 1) 14.

From the 12th year of Xianfeng to the 13th year of Tongzhi (1862- 1874), there were 26 companies.

From the first year of Guangxu to the eighth year of Guangxu (1875- 1882), there were 28.

Guangxu five years (1879)29.

Guangxu nine years (1883)30.

In the 19th year of Guangxu (1893), there were 28 households.

Although Shanxi banks suffered losses in the Boxer Movement in the 26th year of Guangxu (1900), they have not lost their vitality so far. Han's "Shanxi Puzhuang Pihang Merchants Record" contains: "Although the Boxer Rebellion is in the mainland, it only hurts people in Shandong Province, and the physical injury is not a mental injury." Li Hongling, village manager of Shanxi Bank Beijing Branch, said: "The Boxer Rebellion broke out and the emperor went to the Western Ocean. The overall situation is in jeopardy and businesses are stagnant. However, ticket holders in Shanghai, Hankou and Shanxi are very anxious. Fortunately, the ports were United, and since then, the credit has increased greatly, that is, foreign banks have sold their goods, and the first ticket merchants have won the trust, which has spread all over the country and gained a reputation all over the world. " Li Hongling's "The Success or Failure of Shanxi Banks" Shanghai is a place where businesses meet, with millions of dollars in and out every day, and the business of banks is particularly prosperous. Its important banks are all run by Shanxi merchants, such as Dadetong, Synbiotics, Zhongxing He, Wei Empress Dowager, Baichuantong, Zhicheng, Dadeheng, Rishengchang, Cunyigong, Hou Weichang, New Empress Dowager, Sanjinyuan, Xiechenggan, Weifuhuo, Xietongqing, Dadeyu and Weishengchang. At the same time, the number of semicolons established by Shanxi draft banks in China has also increased from more than 20 to more than 80. Shanxi's banks are: Beijing, Zhangjiakou, Tianjin, Fengtian, Jinan, Yangzhou, Jiangning, Suzhou, Wuhu, Tunxi, Hekou (Jiangxi), Guangzhou, Changsha, Changde, xiangtan, Hankou, Shashi, Chongqing, Chengdu, Xi 'an, Sanyuan, Kaifeng, Zhoujiakou, Shanghai, Hangzhou and Fuzhou. Xinjiang Jiexian, Jiexiu, Quwo, Yantai, Baotou, Lanzhou, Suzhou, Guihua, Zhoucun, Zhang Lan, Ningxia, Chaozhou, Wenshui, Fenyang, Wanxian, Ya 'an, Kangding, Zhengyangguan, Tongzhou, Sheqi, Xinghua Town, Yuxian, Aibo, Tsinghua, Huaiqing and Shouyang.

Besides setting up banks in China, Shanxi merchants also set up banks abroad, such as Sinuiju, Incheon, South Korea, Dafang, Kobe, Yokohama and Tokyo.

With the development of Shanxi's draft bank business, Pingyao, Qixian and Taigu gangs appeared in Shanxi. This kind of gang is distinguished by the location of the total number of people, that is, the total number of people in Pingyao County is Ping Gang, the total number of people in Qixian County is Bang Qi, and the total number of people in Taigu County is Tai Gang or Gu Gang. Pingyao Gang is the earliest among Ping, Qi and Tai Gang, and the pioneers of Piaozhuang Rishengchang and Weitaihou are all in Pingyao. The statistics of the ticket numbers of Ping, Qi and Tai Gang are as follows:

Bank number, bank number, financial capital Cai Dong: the founding year of the two predecessors

Risheng Li Chang Yaohua Zheng Lei Lvtai 320 thousand Liao Yan Daoguang early years

Wei Taitai Hou Pingyao Hou Guimaohong has a feather of 240,000 years old-the early years of Daoguang

Wei Pingyao Hou surnamed Fan 200,000 —— Early years of Daoguang

Tiancheng Hengping Hou surname Hou Daoguang early years 200 thousand fine cloth

Wei Sheng Changping Yao Hou Li Menggeng 160 Silk in the Early Years of Daoguang

Xintai Hou Pingyao Hou surnamed Wangjing 65438+ 600,000 silk satin in the early years of Daoguang.

Wei Hou Changping Yaofan Guangjin 15000 Daoguang Early Tea

Collaborating with Yao Mi, Wang Xing and Liu Qinghe 65,438+200,000-the early years of Guangxu.

Concord Xinping Yao Wang surnamed Li Qingfang 65438+ Wan —— Early years of Guangxu

Yin Qixiang1.40000 in Yongping Yao District, Huiyuan-the early years of Guangxu.

Ningshan surname Pang10.6 million in Tongping Yao District of Baichuan-the early years of Guangxu

Baofeng Longpingyao-Qiao Shijie 200,000-Early Guangxu

In the early years of Daoguang, there were 240,000 teas in Qiaoxing County, Dadetong County.

Qiao Family in Dade Youqi County-240,000-Early Years of Daoguang

Qu surname in Qixian County in Sanjin and Yuan Dynasties-300,000-Early years of Daoguang

Quxing in Qigong County, Cunyi-200,000 Buzhuang in the Early Years of Daoguang

Guo is from Yuan Qi County-200,000-early years of Daoguang.

Dai's family in Zhongxing and Qixian County-65,438+600,000-Early years of Daoguang

Zhang in Qixian County, Dashengchuan —— 200,000 —— Early years of Daoguang

Chang Sheng Qi County Qu surname-200,000-the early years of Guangxu

Sun surnamed Wang 1.4 million in Jiuqi County, Yuanfeng-the early years of Guangxu

Straight Taigu people, Kong surname-260,000-early years of Daoguang

Xie Chenggan Taigu, surnamed Kong-240,000-early years of Daoguang.

The surname of Dayu Taigu is-200,000-the early years of Daoguang.

Jin Shengrun Taigu Chang's surname-200,000-the early years of Guangxu

Shi Yixin Taigu Yang surname —— 300,000 —— Early years of Guangxu

Taigu surname of Dadechuan-200,000-Early Guangxu years

The business activities of Pingyao, Qixian and Taigu banks are generally divided and evolved. The so-called "business of Pingbang" is in the west, northwest and Yangtze River; Qi Gang is in Ping Jin and northeast of China; The statement that "Taibang is in the Yangtze River in Guangdong" reflects the initial development. Later, with the development of business, the number of interested terminals competed for semicolons, and the above-mentioned activities were gradually broken.

With the development of bank exchange outlets, bank exchange has increased significantly. For example, in the thirty-second year of Guangxu (1906), Rishengchang Bank 14 semicolon received 3225204 taels of silver, with an average of 23 taels per bank. In the thirty-third year of Guangxu (1907), Wei Changhou received 3385260 taels of silver in Hankou. With the development of business, the profit of Shanxi draft bank is considerable. For example, in the 14th year of Guangxu (1888), the capital of Dadetong Bank was10.22 million taels, and the profit in that year was 24,700 taels, with a dividend of 850 taels per share. By the thirty-fourth year of Guangxu (1908), the capital accumulation reached 222,000 taels, the profit was 743,000 taels, and the dividend per share was 65,438 taels. Another example is Jinshengrun Bank. In the 29th year of Guangxu (1903), the capital bank 32000 Liang was founded, and the profit in that year was 7380 Liang. In the thirty-second year of Guangxu (1906), it increased to 64,000 Liang, and the profit in that year was 5 1948 Liang.

Under the influence of Shanxi draft banks, Jiangsu and Zhejiang provinces began to establish draft banks during Tongzhi period. For example, Hu, a native of Qiantang, Zhejiang Province, known as the "Red Top Merchant", founded the Fukang Bank in the second year of Tongzhi (1863). Li, a native of Yunnan, founded Tianshunxiang draft bank in the early years of Guangxu. Yan Xinhou, a businessman from Jiangsu Dongting, founded Yuanfengrun Bank in the 9th year of Guangxu (1883). At that time, people called the bank run by Jiangnan people "Nanbang Bank".