766

DENMARK

and private telegraphs had 392 offices. On March 31, 1912, the length of telephonic wires ef the State and the private companies was 276,000 English miles. In the year 1911-12 there Avere 207,719,000 telephonic conversations.

Money and Credit.

On July 31, 1912, the accounts of the National Bank balanced at 11,465,465^. The assets included 4,452,487?. in bullion and specie. The liabilities included 8,525,000?. note issue, 1,486,836Z. of capital, and 454,916?. reserve fund. In Denmark there are about 135 other banks for commercial, agricultural, industrial, and other purposes. On March 31, 1911, there were 521 savings banks, with 1,353,384 depositors, and deposits amounting to 44,219,999?., or about 33?. to each account.

The nominal value of the coin minted (including recoinage of worn- pieces) in Denmark since 1873 is given as follows :—

Years ending March 31

Gold

Silver

Bronze

Total

Kroner

Kroner

Kroner

Kroner

1S73-1900 ....

39,309,180

22,071,894

1,351,792

02,732,866

1901-1905

4,040,560

1,232,708

199,618

5,472,886

1906 .

—

587,637

40,041

627,678

1907 .

301,548

89,722

391,270

1908 .

5,926,990

808,915

129,967

6,865,872

1009 .

9,301 630

—

139,465

9,441,095

1910 .

5,535,270

252,966

—

5,788,236

1911 .

3,657,240

250,000

29,943

3,937,183

1912 .

3,680,560

311,694

102,765 2,083,313

4,095,019

Total .... 71,451,430

25,817,362

99,352,105

Money, Weights, and Measures.

The monetary unit, the Krone of 100 ore, is of the value of Is. l^d., or about 18 kroner to the pound sterling.

Gold coins are 20 and 10-kroner pieces. The 20-kroner piece weighs 8-870 grammes '900 fine, and thus contains 8 '0645 grammes of line gold.

The 2-kroner silver piece weighs 15 grammes '800 fine,^and thus contains 12 grammes of fine silver.

The standard of value is gold. Silver is legal tender up to 20 kroner.

The use of the metric system of weights and measures, under the law ot May 4, 1907, became obligatory in Denmark in public offices on April 1, 1910, >nd generally on April 1, 1912.

Diplomatic and Consular Representatives.

1. Of Denmark in Gkeat Britain.

Envoy and Minister-. — H. Grevenkop Castenskiold (1912).

Secretary of Legation. — Mogeus de Sehested.

Honorary Attache. — Paul Baruii Bertouch-Lehn.

GonsiU-Generalin London, — J. W. Faber.

There are Consuls at Belfast, Bristol, Edinburgh (C.G.), Hull (C.G.), Leith, Liverpool, Manchester, Newcastle, Sheffield, Southampton, SAvansea,

Yarmouth.