gramr fast saman;
Land skyldi lítit
þá myndi hauldum
Gramr þrøngvir gulli fast saman; sonr Sýrar veitir fáskonar. Laf-Hamðir skyldi hafa lítit land; þá myndi Haraldr svara hauldum.
The ruler gathers gold forcefully; Sýr’s son [= Haraldr] gives away little. Laf-Hamðir (‘Slouch-Hamðir’) should get little land; then Haraldr might answer the men.
 Sýrar: ‘[…]’ 326bˣ
 Sýrar ‘Sýr’s’: This word is conjectural, but it makes sense both in terms of metre and context (Sigurðr sýr ‘Sow’ was Haraldr’s father), and cf. geitarson ‘a goat’s son’ in st. 2/7 below as well as SnH Lv 11. The word was first suggested by Gudbrand Vigfusson (1887-94, I, 368).
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