Kraks vejviser 1929 Handelsregister

11 Danish Fisheries.

The possibilities in this braneh of industry have always been particularly good by reason of the extensive coast line of the country, but during the middle ages it was of far greater importance for the economy of the country than has been the case in more recent times. Only during the last decades has this industry again made substantial progress thanks largely to the employment of motor fishin g craft. The number of such craft employed in fishery has increased very considerably since 1895 as will be seen from the following figures: 1895 1900 1910 1920 1926 9 200 2000 4870 5300 This development has also been conductive to promoting the building of motor boat in this country which has now become an export factor of importance. Inshore fishery was carried on in 1926 by about 3000 small motor boats, about2700 sailing boats and about 7500 rowing boats. The deep sea fishery is carried on by means of about 2200 large and small motor craft. The sea fishery values during the years 1913—26 were as follows:

1926 in mill. Kr. 15.5

1922 in mill. Kr. 10.4

1913 in mill. Kr. 6.3

Flatfish.............................. Cod and Haddock........... Eels.................................... Herrings and Mackerel .. Other f is h ........................

7.3 6.6 4.5 1.9

6.0 5.3 3.6 1.6

2.1 4.7 2.9 1.5

35.8

26.9

16.0

Over half the fish caught in 1926 were exported. In addition to the foregoing the oyster fishery in the Limfiord which is a monopoly, and also the production of fish ova and the rearing of young trout and other freshwater fish are of no small importance not least for the exports of the country.

Foreign Trade of Denmark. As mentioned in the foregoing the development of the productive trades which has taken place in Denmark during the last 10 years necessitates the carrying on of a very large foreign trade considered in proportion to the size of the population. To this comes the faet that the country and particularly the capital Copenhagen, by virtue of its situation, becomes a main station on one of the most important high-roads of international commerce. The development of Denmark’s foreign trade during the last fifty years has been follows: Year Total import Total export Mill. Kr. Mill. Kr. 1875. .................................. 228 172 1885. 162 1895. 269 1905. 534 1913. .................................. 855 ( 721 1927. .................................. 1659 • 1559 The difference between the imports and exports is equalized mainly by the freight earnings of Danish shipping. Of the indicated value of the exports for 1927, about 6,3 °/0 or 104,6 mili. Kroner represents the re-export of foreign goods. During the revival of Danish trade which has taken place in the last decades the tradition from the time of the great periods of commercial prosperity in the latter part of the eighteenth century, has been continued by the establishment of large over-sea trading companies, the principal of which is The East-Asiatic Company Ltd. (foundéd 1897) with a share capital of 50 mili. Kroner. This company has in the course of time started a number of affiliated companies which comprise shipping and slup-budding and other activities in connexion with forestry, plantations, manufactories and trade in different parts of the world.