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600

(1904) Author: Gustav Sundbärg
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Full resolution (JPEG) - On this page / på denna sida - Second part - VI. Agriculture and Cattle-Breeding - 4. Public and Private Institutions to the Advancement of Agriculture - Agricultural Credit Establishments, by V. Ramstedt, Ph. D., Tranbygge

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600

VI. AGRICDLTURE AND CATTLE-BREEDING OF SWEDEN.

The following Table shows the amount of Loans lent to the
Mortgage Societies by the Mortgage Bank during 1861/1902 :l

In Kronor.

186 1............16,053,756

186 2............22,294,287

186 3...... 8,611,198

186 4...... 1,231,287

186 5...... 3,163,581

186 6...... 1,841,902

1867 ...... 8,161,714

186 8...... 9,219,955

186 9............16,937,158

187 0............13,374,201

187 1............12,591,082

In Kronor.

187 2...... 15,634,167

187 3............8,496,388

187 4............12,519,175

187 5............11,794,537

187 6............11,312,389

187 7............6,606,452

187 8...... 17,880,686

187 9............28,542,331

188 0............21,817,038

188 1...... 18,795,845

188 2............12,965,778

In Kronor.

188 3...... 10,256,427

188 4...... 10,217,093

188 5...... 10,480,523

188 6...... 8,099,599

188 7...... 5,943,301

188 8...... 2,140,533

188 9...... 44,867

189 0...... 2,427,607

189 1...... 1,238,118

189 2...... 2,756.898

189 3...... 3,376,734

In Kronor.

189 4............1449,940

189 5...... 290,230

189 6...... 757,946

189 7...... 251,446

189 8............4,782,297

189 9............12,017,587

190 0............4,820,761

190 1............3,992,099

190 2............8,485,517

The position of the Mortgage Societies at the end of 1902, with
regard to the Mortgage Bank concerning loans received, is evident from the
following synopsis:

Interest. Amortization.

Original amount
of loan.

Amortization
effected.

Balance of
debt.

5 * s/« % 201,585,832 kr. 69,351,458 01 kr. 132,234,373 99 kr.

4a/« % * 54,482,410 » 1,805,45019 » 52,676,959-81 .

4 % */« * 21,107,230 » 2,318,435 87 » 18,788,79413 »

4 \ 2 % 4,902,900 » 291,158-83 . 4,611,741 17 »

4 * V» % 63,269,770 » 1,536,392 64 , 61,733,377-36 >

4 % — 2,045,000 »_— _2,045,000— »

Total 347,393,142 kr. 7S,302,893 64 kr. 272,0M,24*46 kr.

Concerning the Bond loans raised by the Mortgage Bank and not yet
fully amortized at the end of 1902, particulars are given in Table 82.

Table 82.

The General Mortgage Bank bond loans.1

Loan taken up. [-Original-] {+Origin- al+} rate of
interest, y. Kind of coin. Original »mount. Kronor. Ordinary time for
amortization. Increased
amortization can take place. Bonds in circulation « u 1902. Krooor. Present rate of] inter- , est. V

In 1877... 6 Kronor. 50,000,000 In 1927... — 13,106,600 5 |

. 1878... 4 German Mark. 120,000,000 1959... { ^ 72397066 4

» 1879... 4 Franca. 36,000,000 1939... — 25,5791800 4 J

» 1880... 4"> Kronor. 75,000,000 1956... { Jjj^ J 15^’too J, 1

» 1883... 4»/> Kronor. 50,000,000 1959... j ]jjjjl I jglw’lOO 3^

» 1886 .. 3V» German Mark. 64,000,000 1962... 1901 • 35|423l200 3’^
• 1889... 3l/« Kronor. 75,000,000 1959- 1898 I 19,114.400 3’,

Total 470,000,0001 — — | 2S7,S3«,3«t | — ;

Under the superintendence of the State and with subventions from
it, the General Mortgage Bank of Sweden has secured to itself a great
confidence and enjoys a most trustworthy credit. Its bonds have also
since far back been valued at rates of exchange nearly corresponding
to those of the Swedish State bonds.

1 A krona = Mo shilling or 0 2<>8 dollar.

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