The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1905-02-04


J. -, 'rro"in'"t.,v I've -. e. tI,n :o3,,
fNr-t diamond which has been found in
the Premier mine, in South Africa. Or
IKE two small teacups and hold them to-
get!cr; you will get Il similar result
Such gem, it was said yesterday by
the local diamond experts, is too large to
Wear. In all probability it will be cut
NJ into smaller stones. Even if kept in
1t / would probably lose from 40 to
co per cent. in the cutting
The first information of the big find
came to this city on Friday in n cable
message to eX-COngressman Jefferson
y. levy. the heaviest stakeholder in
this country in the company in whose
n'iae the diamond was found 1t said:
"iI.srovcry Of 3OOO-karat stone; value,
100000 pounds" Mr.. Levy knew no
t'i'- else about the find. but told some
t1."G bout the company which owns
the stone.
"T&c Premier mine was opened about
two yc"rs ago he said. "The company
is brown rs the Premier Diamond Mine
j. the TrarSv1'l. It h"d cHpit"l stock
o. $4,000 pounds. 1t had paid well from
tlv fir t. Three months ago the stock
V : selling in London at 80 pounds Il
sh""c Ten days ago the price had adj
v4nccG to 81 pounds. Last week the
s., vs. renprortioNed. For every 100
- "c> the holder got 400 shares in de-
frrrri stock (Nnovn here as common
s'"''N aud 200 ShHreS in preferred stock.
The deferred stock was quoted yester~
c." II '"n1on It - pounds share. To
d., "ftcr the news of the big find, it
= cling It 10 pounds. The preferred
stock sold yesterday in London at 8 1-2
+" it was 10. For several months the
l'"i;yc'< Company. which owns most of
IL big mines in the Kimberley region,
VIII %" Cnorn'C'rS capital. hos been after
the 'rcricr mine, hut the Company has
lrf".r1 t, sell. and has remained indie
run 'crt."
Gorge F. Kunz the Tiffany expert,
" "rc?tly interested yesterday when
hr hc'ri of the diamond found in the
Premier mine. 1t WIS the largest dia-
morI ever found he rad. 4 few years
.-~n hlack Diamond was found in Bra
~ ,''Aich weighed 3032 karats. 1t was
OF =" ns" except cut up and used on dia-
m"Hd drills. Except for this, the gem
just found is three times bigger than any
ct zee 1t discovered.
kuNz explained the size of the 1000
frTat diamond rs compared with a four
pound iron weight. Approximately, he
So t weighed "hoVt t21 - grammeS.
or "hort pound and II half avordu-
pos Il would lose from 10 to GO per
crnt. in cutting. depending on the shnpnf
tire stone. He thought that il was like
Is That Il diamond of such size would be
left 80 large rs possible by the cuttor,.
He wouldn't pace II value on The big
@i'm"ad. although he didn't dispute the
vn'nc Of 1.0CO.GG0 pounds said to be
placed on il. The value. he said. would
depend TO a great extent on its size and
qu lily.
The last diamond of any note found
in rcceEt years w"s the 'Synhicate.
dug up in the DcReers mines about two
yc"rS ago. 1t weighed, uncut, $50 car
ats. 1t was said to have been purchased
by the Tffany'S and cut up Most of it
is now believed to be in the Tiffany store
in this city.
The new diamond. weighing exactly
5000 cnrnts. will rank as the largest dia-
mond ever found Some of the others
rotablp for their size or history are the
Great Mogul the Orl"f. the Regent, the
Florcntne. the Southern Star, the Kohl
nOOr. the Shah, the Sanci and the Polar
Star. The collection of gems of the late
+o;nod d;ornnd known as tho Rr,zan-
aa u.hiah ,rn;I,hnL /, sn onr,tS mr. .hont
10 ounces II i believed however that
:, ,v".. o,,i, - fro rn,o.loss to,nz II is
a.. or,r d;,nnna tbot ,nnro,ches the
nav. ,,nn, IN s;vo
Innthnr l., rgn diamond when cut was
ono o,,rod hr .bo D,iob of Marian II
u.n;,bod 2c- ,.orots nnd was arr.shoned
with IN indentnd hollow near one end
Wam, ro,,,, .,r, thn Governor Of Rorneo
,,fro,.oi S5no 600 two r,,rshins fully
en,,;,,nnd md = numbe- of cannon and n
,,,,r,it,. % ,,,v,,a, for II
=" T ,l,,'' l;,,nr u.,i.,hod 700 corots
,,.han e,,ra ,,,t ,,.,s ,.,,t down tn 1S6
,.,,.,t.. ona t,+or 70 no . 4 c,rots II Is
ralnod ~ a zoo 600 II was once in tie
,,o,,,,,,.i,.> - tba croot NogrI If is he
iiovod tho+ IN tho frst cuttine a big
.,;oa, ,';rt,;,,, I. n onro4s. ,rto. tbo cut-
tin.. and S;nnn known ,os tho Or,oef was
t.t.or BY. thn cuttor Tn. OrIoff is own
vi H.. t,,a E,n,,ar,. nf pu.si, and is
said a,an g. h"rn haen thn ava Of an In
Am i5nl T. i valued NJ 81 600 600
Tha po,an+ ,notbo,. famous level