Word: drained
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...volume of this transfer reached last week and held a daily average of $1,000,000, climaxed a steady drain upon the life blood of London's famed "Old Lady of Threadneedle Street" which has been going on for months.* To be sure the Old Lady has received transfusions of virgin gold from South Africa; but last week her gold reserve was down to $794,000,000 while that of the Bank of France had mounted to the staggering total...
...International Nickel and Brazilian Traction. This, added to the failure of two small London houses, sent prices reeling in that market. It was likewise a blow to Paris. Said La Liberté: "This firm is one of those which recently have been installed in France and have contributed to drain our national savings for the profit of American speculators...
With "Uncle Vanya" at the Wilbur it is quite probable that "Death Takes a Holiday" will have some difficulty. Two plays of excellent calibre, at once in Boston, might expect to be a considerable drain on the better clientele, especially when one is such an exquisitely fine production as that of Chekov's comedy. However, even in such excellent company, "Death Takes a Holiday" should not be neglected. The acting of Philip Merivale is very well above the average, and the play itself in spite of a mediocre translation and none too exciting direction is interesting. The theme...
...spent 20 years in Texas oil fields, went prospecting along the Turko-Irak frontier. He found unmistakable traces of oil on Turkish territory not far from the British-owned Mosul oil fields of Irak. It is not impossible that Turkish wells on the new oil fields might. if driven, drain Mosul wells dry.* Succinct was a message from Angora last week...
Gloomier than any other nation at present is Great Britain. Few bullish items appear any more in its financial papers; article after article tells of mysteriously shrunken profits, disgruntled shareholders, deep depression. Last week, although imports of gold from Brazil balanced the steady drain of British gold by France, Britain turned more bearish. Unemployment, steadily rising throughout Europe, passed the 2,000,000 mark in Great Britain last week, the worst since 1921. Further increase seemed certain...