SWITZERLAND: Swiss Loss, U. S. Investment

Close-mouthed Swiss Stock Exchange officials reported briefly last week on their crash, which followed Wall Street's. They put the total shrinkage in Swiss security values at $80,250,200, "the chief losers being Swiss trusts connected directly with New York and Chicago."

Stock brokers at Geneva report an unusual interest among U. S. financiers this year in the securities of Swiss hotels, most of which have prospered and paid slowly but steadily increasing dividends since the War.


Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!