OCR Text |
Show HIGH PRICES FOR DIAMONDS Value of the Highly Desired Sparklers Has Been Soaring to Unheard-of Unheard-of Heights. The economic situation of the world nt large Is mid by Jewelers to be more responsible for Hie present high prices of dliiiLKiml.t than uuy Minrtnge of diamonds In Ihe South African mines or ntiy manipulation of the output out-put by the le Hvers Diamond omi-puny. omi-puny. The following llgmes concerning diamond dia-mond prices were obtained from Antwerp, Ant-werp, the Kumpeaii center of the diamond dia-mond market. An uncut diamond before be-fore Ihe war cast 23 a carat and $.'!-after $.'!-after ruttlus. Immediately after the declaration of war. the price slumped. In 1015 tho Hermans began to vet nervous regarding the value of paper money anil started buying all tho diamonds dia-monds they could dud. , France, Switzerland, Italy and Kug-land Kug-land followed itult nud the price went up rapidly. Oa the eve f the armistice, armis-tice, in nncut carat rilmnoud un' worth $70. Hlucn the wsr rndrd. the diamond marks! has boomed, on lug ts the depreelatloa uf Kuropeau tnsasy, lh rtifllrulty of exchange and the em-bars em-bars ou the nxsort of currency from 1 sat UaropAaa nation to asother. To-slay To-slay a carat o'f uncut utese lid n rssay msiket at SIM, The Aafwsrp uercliauts so lourr seek castMiiiers. The market Is swamih cd with buyerx. Credit Ik no longer given. Tim le are for cask. The buyer frequeutly resell and the uew purchr Nells again, at fat prutits. Thus the price keeps golnt; up. Large stouei. ie snapped up at unliesia' of price. |