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.
