Glaums niðjum fór gǫrva
gramr með dreyrgum hamri;
of salvanið Synjar
sigr hlaut arinbrautar.
Kom at tvíviðar tívi,
tollurr karms þás harmi,
-brautar liðs, of beitti,
bekk- fall, jǫtuns rekka.
Gramr með dreyrgum hamri fór gǫrva niðjum Glaums; hlaut sigr of salvanið Synjar arinbrautar. Fall liðs bekkbrautar kom at tívi tvíviðar, þás tollurr karms of beitti rekka jǫtuns harmi.
The ruler with the bloody hammer [= Þórr] totally destroyed the descendants of Glaumr <giant> [GIANTS]; [he] gained victory over the hall-visitor of the Syn <goddess> of the hearth-stone-path [MOUNTAINS > GIANTESS > GIANT]. The fall of the retinue of the bench-road [HOUSE] came at the god of the bow [WARRIOR = Geirrøðr], when the pole of the wagon-cab [CHARIOTEER = Þórr] inflicted violence on the warriors of the giant.
[1] Glaums ‘of Glaumr <giant>’: Because the kenning niðjum Glaums ‘descendants of Glaumr’ refers to giants, Glaumr must be a giant’s name, albeit one that is not otherwise attested (Finnur Jónsson 1900b, 399). Reichardt (1948, 386) suggests replacing it with Glámr, but all mss have Glaumr, and emendation does not appear to be warranted here.