Word: kroner
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...ring by "a German shipping firm in New York": $750,000 worth of bonds, mostly Pennsylvania R. R., Illinois Central, Cities Service, Bethlehem Steel. It gave him three ranches in South America; $1,225,000 in a bank at Sao Paulo, Brazil; $1,000,000 in Swedish kronor, Danish kroner, Dutch guilders and Belgian francs in Banco di Sicilia's branch at Trieste and A. B. Svenska Handelsbanken's branch at Malmö, Sweden. He was said to have safe deposits in Zürich, Chicago ($450,000) and at Sumitomo Bank, Ltd. in San Francisco...
...Swedish match business was divided between a great number of small individual match factories and the large combine of Jönköping. Just before the War Ivar Kreuger had managed to combine the smaller companies into the United Swedish Match Factories, with a capital of four million kroner. This company, like its rival Jönköping, was faced with War-created difficulties in getting raw materials. But Kreuger made deals with belligerents, guaranteeing to supply them with matches in return for raw materials...
...December 1917, the new combine had built itself up to the point of amalgamating with Jönköping on very favorable terms. The new trust, called the Swedish Match Company Ltd., was capitalized at 45 million kroner, and Kreuger emerged as boss. Faced with renewed competition after the War, Kreuger took advantage of depreciated currencies to buy up match factories and real estate in Poland, Belgium and Germany. He emerged from the War as the match king of the world-to fail and go crooked in the 1929 depression...
...arthritis, reasoning that the pain would make patients forget their aching joints. Modern doctors put the bee on patients more scientifically, first anesthetizing an arthritic joint with ethyl chloride, then applying artificial stings. Seventy-three out of 100 cases in New York Hospital were improved, said Dr. Jacques Kroner and associates in Current Medical Digest last month. Most of the cases showing no improvement were of long standing...
Birthday. Gustaf V, King of Sweden, the Goths, and the Wends (popularly known as "Mr. G"), 80; in Stockholm. During 20 hours of feting, he reviewed his troops and air fleet, assigned a popularly subscribed birthday present of 5,000,000 kroner ($1,250,000) to combat infantile paralysis and rheumatic diseases...