PRECIOUS STONES	53
	From one carat up the price of Jagers advances rapidly according to size as the bluish tint becomes more decided. Slight imperfections do not materially affect the prices of the small melees, but reduce one-fourth to one-sixteenth carats probably five to ten per cent. Light imperfect three-eighths to one-half carats are worth ten to fifteen per cent, less than-the foregoing prices, and three- to four-grainers fifteen to twenty per cent, less, or even twenty-five per cent, in the finer grades of Jagers. Perfect Jagers of two carats and over are difficult to find under three hundred dollars per carat. If the color and quality are very fine, the question of value becomes a matter of adjustment between buyer and seller. Pieces of fine color are scarce and rapidly advancing. The price of crystals is steadier than that of any other grade, and it did not increase during the rapid advances made by the syndicate as much in proportion as that of the cheaper grades. Well-made clean capes and silver capes bring about as follows:
	It is extremely probable that sizes of five grains and over will be rated higher in the near future. Light browns cost about the same as capes, rather more if very good, in the larger sizes. By-waters about twenty per cent. less. Light imperfections from three-eighths carat up reduce the value about ten per cent. Good crystal melee melange, taken as it runs, ranges from sixty-five to seventy-five dollars; capes and silver capes, fifty to sixty-five dollars; light browns, fifty to sixty dollars; Bahias, forty-eight to