(1) "Prop of sea-waves' fire," a periphrasis for woman that
bears gold on her arm.
(2) "Skates that skim." etc.. a periphrasis for ships.
(3) "Odin's mocking cup," mocking songs.
(4) An allusion to the Beast Epic, where the cunning fox laughs
at the flayed condition of his stupid foes, the wolf and
bear. We should say, "Don't stop to speak with him, but
rather beat him black and blue."