- Project Runeberg -  Norway : official publication for the Paris exhibition 1900 /
245

(1900) [MARC]
Table of Contents / Innehåll | << Previous | Next >>
  Project Runeberg | Catalog | Recent Changes | Donate | Comments? |   

Full resolution (JPEG) - On this page / på denna sida - Finances, by J. J. Woxen

scanned image

<< prev. page << föreg. sida <<     >> nästa sida >> next page >>


Below is the raw OCR text from the above scanned image. Do you see an error? Proofread the page now!
Här nedan syns maskintolkade texten från faksimilbilden ovan. Ser du något fel? Korrekturläs sidan nu!

This page has been proofread at least once. (diff) (history)
Denna sida har korrekturlästs minst en gång. (skillnad) (historik)


The effective rate of interest for the loans contracted from
1848 to 1884 varied from 5.028 % (in the case of the loan of
1858) to 4.145 % (for the loan of 1884). For the loan of 1886 it
was 3,715 %, for the loan of 1888, 3.661 %, for the loan of 1892
it rose to 4.0826 %, and finally for the four loans contracted since
then, it has gone down to 3.728 %, 3.56 %, 3.099 % and 3.12 %.

At the end of the financial year 1897—1898, the national debt
was distributed as follows:
The permanent debt ....... kr. 245,472
The public loan of 1886 (1887) . ... » 30,072,683
                                1888 ...... » 62,247,018
                                1892 ...... » 9,648,889
                                1894 ...... » 39,010,965
                                1895 ...... » 11,670,800
                                1896 ...... » 25,444,233
The loan raised for constructing branch
lines on the Drammen and Randsfjord
railway ...........
» 840,000
An addition to the stock fund of the
Mortgage Bank, for which 4 % bonds
have been issued ........
» 991,200
Total . . . kr. 180,171,260


While on Dec. 31st, 1847, the national debt amounted to
kr. 5.34 per head of the population, and on Dec. 31st, 1870, to
kr. 17.08, this amount on June 30th, 1880, had been increased to
kr. 55, and on June 30th, 1898, to kr. 83.72. About the same
time, the national debt of Sweden amounted to kr. 57 per
inhabitant, that of Denmark to kr. 96, that of Great Britain to kr. 288,
and that of France to kr. 582.

The amounts paid in interest and instalments on the national
debt, which in the year 1848 amounted to kr. 366,000, have been
increased to such an extent by the subsequent rapid increase of
the debt, that before the loans of 1858 and 1863 had been
converted in 1880, they amounted to kr. 6,708,000. By means of the
various conversions which took place in the eighties, and the
complete redemption of a couple of earlier loans, the expenditure
on this account was reduced to such an extent, that in the year
1889—1890 it amounted to only kr. 4,191,553. In the years

<< prev. page << föreg. sida <<     >> nästa sida >> next page >>


Project Runeberg, Sun Dec 10 21:09:24 2023 (aronsson) (diff) (history) (download) << Previous Next >>
https://runeberg.org/norparis/0257.html

Valid HTML 4.0! All our files are DRM-free