Daily independent. [volume] (Elko, Nev.) 188?-1915, 1898-12-05
TELL OF GOOD TIMES.
Business Prosperity Indicated BY
the Diamond Trade.
The Importation of Jewels May b,
Taken ~ = Sort of Business
Barometer Present Signs
Are Coed.

mond dealers that by the volume O
the importation of precious stone.
from abroad the condition Of business
in this country may be correctly
gauged. When times are good the de
rnand for diamonds is large; whe1
times are bad. diamonds. being 4 lux
ury, are in less demand and the i'm
portation Of ,hcm declines. Just now
there is a largely Increased dCman,
for diamonds, an% If there be merit il
the claim made in the say ing Guotet
this should be another iudiuiiion O
pervasivc good times. IAc treasury
bulletin recently issued in Washington
corrobo"atcS G,s,.Ectly ihc claim
enlarged ia,purIa;!Cns Of diamonds
Here arc tie &2ures for ;hr Two year:
the two fiscal J."IS. :rCi::n July l
of. 1897 and 1858, OF GiaH"n"d importa.
tions into the United States: 1897
s1,9s5,s1O; 1898, $G,Gj5..s3. Tie in.
crease Cf iLipOrtati".s g; diamonds is
however. no: the Griy ore in thc inf
Of decorative jeweiry." so to speak
The inpOriationS for the two years
of other precious stones, rubies
sapphrcs, eri2rGtds. pearls, opals
s1,573,TSS; 1898. S3.t:a0T6.
The lvo chief foreign ports from
which diamonds are SCH! 10 tGis r"UIi-
try are Amsterdam and antwerp.
From Great Britain Il considerable
amount G. jcwelTy is eXGortC, t.. the
United States. but mach al :, GENES
from England in transit, particularly
from Sutherland, country LAYING
few direct trade relations with the
United states. In the fiscal year .!
1894, following the depression caused
by the financial disturbances of that
rear, the exports of jewrlry 10 the
United States fell off one-half in
amount. r." expectations of French
iewelry fell off two-thirds and from
Holland f1ur-fiths. but the losses sus-
tanned il tie amount OF the exports
have beer mere than covered thisyear.
as the treasury figures show. The
American FORT which practically gets
all the jcwelry, diamonds and precious
stones sent into the United States Is
New York. the importGtions into
other American ports b:;HE insignifi-
cant, in amount, notwitEsta uding the
fact that considerable share Of the
country's jcwelry lusiLt S. is done in
New England, particularly in the city
of Providence. The eXpla of the
matter is that New York is the mar
ket Of SUPPLY for the whole country
in iewclry and precious stones,
though New York has only Part of the
trade in diamond and precious stone
setting.
The largest country Of export of
uncut G;anOnds to the United States
is Holland, and England follows
through the development Of the dia-
mond interests in Africa. In the i'm
portation Of jcwelry and precious
stones other than diamonds, France
leads and Holland follows. The va
frances in the amount Of business
done IL diamonds end precious stones
"a trade peculiarly susceptible to
trade cCnGt:0ns) is shown In the case
of belgium. II 1894 it's ;0;al cXporta-
tions to the United States were to
the value c. $4,000 in diamonds, Jew
clry and precious stores. The year
before they were $2tU.CC0, or three
times rs much. The year after they
were &520.Q>0. or seven times greater
T"9 s@"}c assertion Which is made
"u'l'r"ja% diamonds &nd precious
.'r."S a. q trade barometer has been
: assi""0usly fer champagnc. the
in; -"rtations Of which are always
'dii.ai wen business is good and
smallest when times are duil.-N. Y.
Sun.
Theharvest supper has various names
in England, among them being the nell
supper, harvest supper and harvest
home.
In Windsor, the farmers always
crown the last load of the season with
flowers and an image, dressed to repre-
sent Ceres, is borne in procession.
The United States is about the only
country which has no established har
vest customs. In some parts harves
celebrations are held, but we have M
traditions such as they have abroad.