Word: kroner
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...Taking 100 as the measure of Swedish production in 1929, it is up from 79 during 1932 to 101 today. Typical of pleasant surprises, to which Swedes are now growing accustomed, is the latest report of the State Railways. They were expected to earn 12,000,000 kroner during the fiscal year which began last July, actually cleaned up 15,000,000 kronor in the first four months...
Subject to parliamentary approvalr Sweden, political arch-enemy of Communism, last week became the first power in all the world to negotiate a direct government loan to Soviet Russia. The loan agreement, announced last week in Moscow, is for 100,000,000 kroner ($26,300,000), big for Sweden, for seven years at 51%. It would shatter once and for all the twelve-year financial blockade by governments against the U. S. S. R. The money must be spent in Sweden, would buy high grade steel for tools, electrical machinery, ball bearings, iron...
Administrators of the estate of the late Ivar Kreuger announced that, to satisfy creditors, $100,000 worth of his silverware, books, paintings, including a Bacchanalian by Peter Paul Rubens valued at $20,000, will be sold at auction in Jersey City. In Stockholm Torsten Kreuger was fined 1,500.000 kroner (about $390,000) and sentenced to one year's hard labor for his part in his brother's crockery. Administrators of the estate of Chicago's late Edith Rockefeller McCormick announced that the furnishings of her Romanesque Lake Shore Drive town house will be auctioned next month...
...went to Berlin to learn big business. Later, like Ivar Kreuger, he worked and traveled all over the world. Before the War he picked out vacuum cleaners as a likely product to distribute. But the War stopped his plans for an international selling organization. With capital of 120,000 kroner (about $32,000) A. B. Elektrolux was launched in 1919. Thereafter the rise of Axel Wenner-Gren was swift-even for a Swede. Vacuum cleaners were supplemented with household appliances and later with absorption-type refrigerators.* Today Elektrolux products are sold in nearly every country in the world, while...
...items in the Price, Waterhouse report give the measure of Ivar Kreuger as a crook and a swindler: "Withdrawn by Ivar Kreuger on current accounts," and "Securities and other assets appropriated" -432,046,000 Swedish kroner net, at par about...