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Show net their value in rupees. "There are some lots of Indian cut goods on hand, however, which were received re-ceived before the advance, and on which advances at the old rate of exchange were made. These are still purchasable at the old price. The price of colored stones has been gradually increasing for years, and dealers will feel the new rise keenly. An offer which I made on one lot of goods was refused. The owner had declined an oSer of ten per cent, less several months 'ago, and he apparently appar-ently now values his gems at more than ten per cent, above their former price. "During the next few months we may expect a decided advance in the price of pearls, rubies and emeralds. . Sapphires will probably be less affected, as of late their sale has been limited, and dealers will naturally sell old stock at the usual prices as long as they yield a profits-Jewelers' profits-Jewelers' Weekly. ' Gems Going Up. The passogs of the silver bill In this country has affected the jewelry trade in more than one particular. . The price of sterling tableware has already been increased, and now advices from Europe indicate that, owing to the new law, the increase in the value of the Indian rupee has, caused the prices of pearls and fancy stones to rise to unprecedented figures. A well known importer of colored col-ored stones in explaining the situation said to a reporter: "As you probably know, the money standard in India is the silver rupee. Last February this coin was worth about Is. Hd. in English money, or about 81 cents in United States money. About that date, in anticipation of the new law in the United States, the rupee began to advance in value, until today it is worth Is. 10 Jd., or 45 cents. All colored gems and pearls that are exported from India to England to sell on commission are paid for in Indian exchange, and naturally natu-rally the goods that are at present for sale on the other, side will havo to bring from. 20 to 35 per cent, more in order to t 9 ' ' : : J; , |