III. GERMAN FOREIGN BORROWINGS, 1024-1926, BY GROUPS OF BORROWERS AND BY COUNTRIES OF ISSUE 
(Figures in millions) 
BORROWERS UNITED STATES ENGLAND HorLanp | SWITZERLAND SWEDEN |OTHER COUNTRIES| TorAL 
I. Reich (1) $110 (1) £12 1) £25 (1) £236 (1)S.Krs.25.2 (1) £4.82 $110 : 
(1) S. Frs. 15 (1) Lire 100 £21.68 § 
S. Frs. 15 Z 
S. Krs. 25.2 ? 
Lire 100 
II. States (12) $11.25 — (12) $2.25 (12) $1.5 $80 1 
(13) $122 (13) $03 (13) $2 — (13) $0.5 - £2 
20) $3 — — Xu — — S. Frs. 40 
— — (r) S. Frs. 10 (r) S.Frs.30 | — — 
@3) $5 - -— 5 | = = 
a3) $1.75 — — (4) $0.25 - 
(54) $8.05 (54) $03 54) $0.75 54) $0.5 (54) $0.4 
(56) $149 (56) $0.8 (56) $2.5 56) $1 (56) $0.7 56) ve . 
— (gg) £2 — En 
(59) $10 es — — 
$66.15 $1.4 $7.5 3 20 
£2 S. Frs. 10 S. Frs. 30 
II. Provinces, |(18) $8.4 =~ = - $16.7 
counties, and |(32) $4.5 — — = £0.835 
associations ofl (38) $3.8 - - fll 
municipalities —_— (bb) £0.835 
| — dd) fit 
$16.7 | £0.835 f.1 
IV. Cities 8) $15 ~ = = . - - a5 
©) $8 : ©) $2 - 
10) $8.7 — = = > : 
16) $1.75 - — = = 
17) $1.5 - — - : : 
24) $3.75 - (24) $1.25 - 
25) $2.8 - (25) $1.2 
75 83 
41) $3.75 (41) 1 (4 
(60) $2 
63) $2 - 
$52.25 — $5.45 $.025 2 e : 
— ~ Ze 22, Eee een ea 
V. Public (6) $14.9 -_ —-_ — (6) $0.1 — $128.75 
Utility gy 88 — — — ; — = S. Frs. 42 4 
Corporations (14) $5.275 jo $0.325 ((14) $0.35 (14) $0.05 — ; 
(19) $4 —_ —_ —_ — - 
@1) $8.4 23, 21) $1 @n $0.35 |(21) $0.25 
—_— |(h) S. Frs. 10 (h) S. Frs. 20 : —_ 
(26) $7 = (26) $0.5 — | — 
(35) $1 — — : 
36) $4 — — i 
37) $4 -- — — - 4 
(39) $3 — — - 
(47) $3 - — : 
(52) $12.275 (52) $2 (52) $0.45 |(52) $1.75 |(52) : 
(53) $3 - — — 
— - l(c) S.Frs. 12 — 
(55) $1.25 - = - 
(57) $3 — = a 
(61) $4 - - — 
(62) $2.5 — — - 
(65) $12 - (65) $3 — 
(68) $159 (68) $0.5 (68) $2.5 (68) $0.7 (68) Pid 
8116 $0.825 $9.35 $1.5 $0.575 £0.5 n 
S. Frs. 10 | S. Frs. 32 
$57.5