Show 1 WAR HITS SWISS FORT FORTUNES FORTUNES NESI J t Depreciation of Foreign Securities Amounts to Huge Sum- Sum V Hotels Hotel Suffer r s Berne Switzerland SI Six billion francs Is the sum representing the lo loss M suffered by Switzerland as at a result of the war according to an estimate b bj by ML L Sarasin president of the Swiss Bankers' Bankers union of ot this city Of Ot this thir k francs are accounted foi fos fosby of German securities I by depreciation and francs by depreciation tion of ot Austro Hungarian securities held by Swiss s citizens R The losses suffered by the hotel t world t are put down as amounting tc francs The majority d oi Swiss private fortunes are Invested IE in foreign government and foreign industrial Industrial Indus Indus- fY trial undertakings the value alne of has biB declined 40 to 50 ro per cent |