Word: kronor
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...Russians were testing rocket equipment left by the Germans at Peenemünde, the now Russian-occupied V-bomb launching site (110 miles from Sweden); 2) they were trying to impress the world; 3) they were underlining, perhaps coincidentally, their suggestion that Stockholm give Moscow a one billion kronor ($278,500,000) credit, more than Sweden can afford without disrupting her economy...
...total expenditure carried in Sweden's last normal budget was 1,340,000,000 kroner. Dr. Wigforss asked the Riksdag to authorize a loan of 300,000,000 kronor, and plans to raise the remaining 300,000,-ooo needed to cover his "emergency deficit" by drastic taxation, particularly by upping the already high and unpopular Swedish taxes on liquor, tobacco, coffee, sugar. Liquor is sold by the famed Swedish State Monopoly and in angry protest at the deficit taxes last week 200 sailors from the Swedish battleship Manligheten ("Manhood") returned their motbocker or liquor ration books to the State...
Sweden's large-scale purchases of munitions, fuels, certain foods and other "preparedness goods" were revealed to have run up during the past nine months an import balance of 345,000,000 kronor, whereas for the similar period last year Sweden's surplus of imports over exports was only a mildly depressing 140,000,000. Since War II broke, Dr. Wigforss revealed, Sweden has lost roughly 300,000,000 kronor of foreign exchange, due partly to "hot money" withdrawals by investors who are afraid the Soviet Union will yet muscle into Scandinavia as it has into the Baltic...
...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...
...house guest of Morgan Partner Thomas W. Lamont in Manhattan last week was Viscount Cecil of Chelwood, 73, when cables flashed that he is to receive 158,000 Swedish kronor ($40,000), the Nobel Peace Prize...