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Ch. 3: Precious Gem stones in 1887

Ch. 3: Precious Gem stones in 1887 Page of 36 Ch. 3: Precious Gem stones in 1887 Text size:minus plus Restore normal size   Mail page  Print this page
PRECIOUS STONES.                                   569
quality, and are remarkable for their purity and whiteness, the crystals being of such a form that scarcely any cleaving is necessary.
History repeats itself, and as, when the Brazilian mines were first discovered, they sent the stones to India to enter the European markets in European wrappers, so Bultfontein diamonds were sent to Canavie-iras to be shipped to Europe as the product of that mine.
So great was the rush for these mines at first that, notwithstanding the rumors of a malarial climate and epidemic diseases, by the end of the first year 3,000 miners were at work where shortly before was a virgin forest. For a time even this number was exceeded. The other Brazilian mines have been only slightly worked of late years.
The recent concentration of some of the diamond mining companies in South Africa in their efforts to regulate the production and price has led to an increased interest in mines located in Brazil and India. Dur­ing the past year the Madias Presidency Diamond Fields Company (lim­ited) has been organized with a capital stock of £190,000. To prove that the Indian mines are not yet exhausted, operations will be commenced at the Wadjia Karur field in the Madras presidency. On this field of 554 acres was found a very fine 67-1/2 diamond crystal which furnished a 25 carat stone called the Gow-do-Norr, valued by the company at £15,000. An English company has recently been formed, under the name of the " Hyderabad Deccan Mining Company," to work the mines iu Krishna valley, India, where it is thought that the famous Kohinoor diamond was found.
Diamonds have been found in the Tertiary gravels and recent drift near Bingera in Inverell, Australia; also along the Cudgeon river, 160 miles northwest of Sydney, and iu other districts. The colors are white, straw, yellow, light brown, pale green, and black. The largest stones yet found were cut into gems weighing 3-1/2 and 3 carats, respectively. A trial made by the Australian Diamond Mining Company produced 190 diamonds, weighing 197-3/4 carats, from the washing of 279 loads of earth. These Australian fields can scarcely be called productive as yet, nor from present appearances do they seem likely to become for­midable competitors of the South African fields.
India, Borneo, and Australia are now yielding very few diamonds, probably not more than 1 per cent, of the entire product. These three countries, together with Brazil, yield probably less than 10 per cent, of the total output.
Imports of diamonds.—From the custom import lists we find that after deducting the approximate value of cut stones other than* the diamond, we find that import duty was paid on about $90,000,000 worth of cut diamonds in the last twenty-one years; of these $68,000,000 worth were imported during the last ten years. Iu 1868 $1,000,000 worth were im­ported and $1,200,000 worth in 18C7, but about $10,000,000 in ,1887, or ten times as many as twenty years ago, showing the increase of wealth and the great popularity of the diamond among Americans, the above
Ch. 3: Precious Gem stones in 1887 Page of 36 Ch. 3: Precious Gem stones in 1887
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US Geol. Surv. 1887. Gemstones, Metals.
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