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Ch. 17: The Diamond Market

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154 THE DIAMOND MINES OF SOUTH AFRICA
placed in little heaps on a long table covered with white paper. In all cases, except in small sizes and boart, where the weight and value only are recorded, the number of diamonds in each heap and their average weights and values are carefully recorded in a book kept for that purpose. This exhibit was previously made also for the benefit of buyers calling at the diamond office, who could thus readily value the stones ; but of late years the entire product has been sold to a syndicate composed of the leading diamond merchants of Holborn Viaduct and Hatton Garden, London. The careful sorting and arrangement are nevertheless continued in order to determine precisely what the relative quality and value of the diamonds are in passing from level to level as the mine grows deeper. The buyers know the exact value of every shipment they make, and the De Beers Company must also be informed of any changes for better or for worse in the value of its production, so as to take adĀ­vantage of them in the former case, or make allowances to the syndicate upon the renewal of the contract, in case the quality should become poorer. These are perhaps remote conĀ­ditions, for, up to the present time, the average monthly or annual production of diamonds has been remarkably regular in quality.
For the safe-keeping of the gems in the Company's office there is a strong room or vault, built of very thick concrete walls, which are fire and burglar proof. The door of the vault is secured by several bank locks of the latest and best design. The keys fitting these locks are kept by several officers in the secretary's department of the Company, who must all be present at the opening and closing of the strong room. Inside the strong room are burglar-proof safes, with doors also secured by several locks, which can only be opened by two or more persons having separate keys. In addition to these safeguards, the strong room is protected by the application of an electric alarm system. Two armed guards are on duty at the offices at night, and connections are made by which they can signal for help should an attempt be made to break into the building. Even
Ch. 17: The Diamond Market Page of 396 Ch. 17: The Diamond Market
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