Le Nord : revue internationale des Pays de Nord - 01.06.1938, Blaðsíða 404

394
LE NORD
117,300,000, against an import sur-
plus of Kr. 137,300,000 for Janua-
ry-August 1937 and an import sur-
plus of Kr. 89,300,000 for the same
period in 1936.
In spite of the fact that some
decrease is noted in exports as a
whole for the first eight months
this year, there are numerous
groups of goods for which an in-
crease is noted compared with Ja-
nuary-August 1937, e.g. exports of
base metals rose to Kr. 203,700,000
for January-August this year
against Kr. 197,500,000 for the
same period in 1937, and a similar
development is recorded for animal
foodstuffs (an increase to Kr.
72,400,000 from Kr. 56,700,000),
vegetable stuffs (Kr. 13,800,000
against Kr. 7,400,000), minerals
and ores (Kr. 187,300,000 against
Kr. 109,300,000), machinery (Kr.
115,800,000 against Kr.
109,700,000), arms and munitions
(Kr. 22,400,000 against Kr.
16,300,000). On the other hand
there is a heavy decrease in exports
in the group “pulp, board and
paper” (Kr. 295,700,000 against
Kr. 357,200,000), timber (Kr.
114,900,000 againstKr. 146,800,000)
and chemico-technical products (Kr.
32,500,000 against Kr. 35,300,000).
The export of iron ore from the
Lapland ore districts was during
Jan.-Sept. 8,835 tons as against
8,946 during that period 1937 when
those exports reached a climax.
As she has done with several
other countries Germany has now,
as the result of negotiations in
Stockholm, come to a new arrange-
ment of her transfer agreement with
Sweden regarding the future settle-
ment of the interest and amortisa-
tion service of the German Reich
loans, the Austrian loans and also
regarding the transfer of interest
and yield on Swedish holdings of
so-called private loans in Germany.
No export questions have, on the
other hand, been considered in con-
junction with the financial claims,
but negotiations will shortly take
place in Berlin to decide the tech-
nical details for carrying out the
agreed arrangement of the interest
and amortisation service. The agree-
ment is, in the main, on the lines of
that previously concluded between
Germany and Great Britain. Swe-
den has, for her part, agreed to cer-
tain reductions of interest and Ger-
many has, on hers, undertaken to
adopt the amortisation service. The
German Government has taken
upon itself binding engagements to
make available within the frame-
work of the Swedish-German ex-
change of commodities the funds
which are required for the fulfil-
ment of the interest and amortisa-
tion service on the three German
Reich loans, as well as on the two
Austrian loans held in Sweden, and
has declared her readiness to apply
the Swedish-German clearing sy-
stem during 1939, the period for
which the private loan agreement