Of the parting of Thor and Útgarða-Loki
"But at morning, as soon as it dawned, Thor and his companions arose, clothed themselves, and were ready to go away. Then came there Útgarda-Loki and caused a table to be set for them; there was no lack of good cheer, meat and drink. So soon as they had eaten, he went out from the castle with them; and at parting Útgarda-Loki spoke to Thor and asked how he thought his journey had ended, or whether he had met any man mightier than himself. Thor answered that he could not say that he had not got much shame in their dealings together. 'But yet I know that ye will call me a man of little might, and I am ill-content with that.' Then said Útgardi-Loki: 'Now I will tell thee the truth, now that thou art come out of the castle; and if I live and am able to prevail, then thou shalt never again come into it. And this I know, by my troth! that thou shouldst never have come into it, if I had known before that thou haddest so much strength in thee, and that thou shouldst so nearly have had us in great peril. But I made ready against thee eye-illusions; and I came upon you the first time in the wood, and when thou wouldst have unloosed the provision-bag, I had bound it with iron, and thou didst not find where to undo it. But next thou didst smite me three blows with the hammer; and the first was least, and was yet so great that it would have sufficed to slay me, if it had come upon me. Where thou sawest near my hall a saddle-backed mountain, cut at the top into threesquare dales, and one the deepest, those were the marks of thy hammer. I brought the saddle-back before the blow, but thou didst not see that. So it was also with the games, in which ye did contend against my henchmen: that was the first, which Loki did; he was very hungry and ate zealously, but he who was called Logi was "wild-fire," and he burned the trough no less swiftly than the meat. But when Thjálfi ran the race with him called Hugi, that was my "thought," and it was not to be expected of Thjálfi that he should match swiftness with it.
"Moreover, when thou didst drink from the horn, and it seemed to thee to go slowly, then, by my faith, that was a wonder which I should not have believed possible: the other end of the horn was out in the sea, but thou didst not perceive it. But now, when thou comest to the sea, thou shalt be able to mark what a diminishing thou hast drunk in the sea: this is henceforth called "ebb-tides."'
"And again he said: 'It seemed to me not less noteworthy when thou didst lift up the cat; and to tell thee truly, then all were afraid who saw how thou didst lift one foot clear of the earth. That cat was not as it appeared to thee: it was the Midgard Serpent, which lies about all the land, and scarcely does its length suffice to encompass the earth with head and tail. So high didst thou stretch up thine arms that it was then but a little way more to heaven. It was also a great marvel concerning the wrestling-match, when thou didst withstand so long, and didst not fall more than on one knee, wrestling with Elli; since none such has ever been and none shall be, if he become so old as to abide "Old Age," that she shall not cause him to fall. And now it is truth to tell that we must part; and it will be better on both sides that ye never come again to seek me. Another time I will defend my castle with similar wiles or with others, so that ye shall get no power over me.'
"When Thor had heard these sayings, he clutched his hammer and brandished it aloft; but when he was about to launch it forward, then he saw Útgarda-Loki nowhere. Then he turned back to the castle, purposing to crush it to pieces; and he saw there a wide and fair plain, but no castle. So he turned back and went his way, till he was come back again to Thrúdvangar. But it is a true tale that then he resolved to seek if he might bring about a meeting between himself and the Midgard Serpent, which afterward came to pass. Now I think no one knows how to tell thee more truly concerning this journey of Thor's."