Indianapolis Times, Indianapolis, Marion County, 13 October 1939 — Page 29

__ ‘THE INDIANAPOLIS TIMES

dc DANN YOU THE VALDES MADE POSSIBLE BY THE COOPERATION

THANK You, WDiANAPOLIS!

16 MONTHS

"BRIDAL ENSEMBLE 8 Matched diamonds. Handsomely mounted

A Beat vate $83 {6

3 DIAMONDS

Streamlined ring. Three genuine diamonds.

$24.16

16c Down

RS wa 5-Diamond Solitaire S Sparking diamonds of fin-

est qualit ni

16¢ Down

7-Diamond Solitaire Modern creation of stunning beauty.

16, Months $79.50

11-Diamond Solitaire : ficent center diaPE Side diamonds.

16 Months to Pay k

3 DIAMONDS

bly designed to please Ado To sout discrimi inating.

16¢c Down s

i

Anniversary Feature

Man's 2-Diamend Cameo Lady’ s 2-Diamond

To Celebrate 16 years of Valuo-Biving Service. Bringing You the World’s Finest

Jewelry at Record Smashing Prices. «+ + Values Offered by H. H. ‘Mayer's in This Sensational Sale, Have Met With Even Greater Response Than Expected!

OF THE WORLD'S BIGGEST MANY:

ontinuing! § ==.

XMAS

THAT EVERY AMERICAN IN EVERY

Your Confidence in N. H. Mayer, Inc, Hay

Been More Than Proven! This Store Continues Its Great Sale of Fine Watches, Diamonds, dowery, Eten at Amazing J Prices, fo Further Prove That We Are, As Always, Indianapolis’ House of Greater Jewelry Values.

3

12 DIAMONDS

uisitely « styled pair. An outstanding saving.

16¢ Down

Anniversary Scoop Cw

day on! fdiamona ding ring.

16¢ Down a

rin 16 Months to Pay

H. H. Mayer, Inc., Indiana's Only Direct Diamond Importers, Offer You These Values in Spite of the « « + Because of the Great

Rise in All Diamond Prices

14-Diamond Bridal Pair

q sazling diamonds in, each

nese | i INES te diam 16 Months ow to Pay

Advance Imports Made Before the War. . . .

WAR CAUSES BOOST

British Embargo and Crippling of Cutting Work Abroad Are Among Reasons.

‘SMALL STONES RISE 35%

Shortage Feared—Industrial Types Advance Even More as Demand Increases, -

War developments have brought a sharp increase in diamond prices and a shortage of the smaller stones is threatened, trade authcrities here reported yesterday. ‘A rise of 35 per cent was reported for diamonds ranging in size to one-quarter carat, with a 20 per cent advance made on larger gems. Crippling of cutting operations through mobilization in Holland and Belgium, the British embargo against diamond exports and an increased speculative and investment demand have brought about the rise, The United States is the largest single purchaser of diamonds and the gem trade here is watching developments very closely.: Despite the rise, however, it was indicated in some quarters that there is a substantial supply of rough stones available in this country, imports having risen sharply in the weeks immediately preceding the outbreak of the war.

Sees Further Heavy Buying

Pointing out that Great Britain was not permitting diamond exports, Mr. Van Itallie said Belgium ‘has also prohibited such exports. Shipments have been received from Holland, but prices are up sharply. Where shipments have -been made .on other than‘Dutch ships, high war risk insurance costs have been a factor. Belgium and Holland have been the chief diamond-cufting centers of the world. Reports here ‘indi-

IN DIAMOND PRICES

ppling of | counties has affected 40 per cen of the available diamond cutters.

Fear Bales to Germany

Great Britain, home of the Diamond Syndicate which controls the world’s supplies through the stones it turns over to the Diamond Trading Company, has banned exports in the fear that the stones would fall into ‘German hands for war machinery production. Estimates were made in one quarter yesterday that the Diamond Syndicate in London has approximately £2,000,000 worth of rough diamonds on hand. These normally are sold to the cutters, who in turn sell the stones to importers for distribution to retailers. The rise in small stones, or “meilie” as they are called in the trade, has been most pronounced, due in part to the fact that Germany did much of the cutting of these stones and these supplies have now been cut off. There are only about 400 diamond cutters in the United States, and the supply of rough stones here would take about: six months to clear to distributing channels, it was said. ¢ wages paid to the diamond cutters: abroad for cutting the small stones have been low. It was: said that ‘any attempt: to cut

1the small stones here at the Amer

ican ‘wage scales would result in sharp increases in costs, with the labor charge larger than the cost of the small rough diamond. Developments abroad will not affect the current campaign to promote sales in the United States undertaken by the DeBeers Consolidated Mines through N. W. Ayer & Son, Inc, it has.already been announced.

Excernts Reprinted From

‘cated that ™Mlization in those

iin 4

TR

Handso:ne

New York Times of Sent, 22, 1989

7 DIAMONDS Sumi SHR Su this rice.

16¢ Down. u

Birthstone

$81

6

“Two. diamond set Sings for men and

ladies. Genuine Stone

Thrillingly tailored ‘mount-

Srentuate ex-

16: DOWN

6-Diamond Ensemble

Finest uality gismonds, handsomely = mounted

Bon minis $19,16

"BULOVA

Lovely new 1940 designs in this fine watch for Ladies and Men. 17 jewels.

Priced from

14-Karat Gold Band

Choice of engraving. Never again at this orice 16

16¢c Down

5.Dia. Wedding Ring d mountBa tened dlamonds.

16¢ Down 16

2 RA N

~~ lo DIAMONDS

dding ring with 10 fine Yon diamonds.

6c Down $29.16

Anniversary SUPER

ANNIVERSARY SMASH

Handsome yellow gold watches for ladies and men .. Fully Jeweled. A sensational buy!

The Famous Precision | Watch. Exquisitely styled. CURVEX . . . for Men and ~ Ladies. From $42.50.

Others from

Now! And Save

WALK OF LIFE CAN AFFORD

R Zk MNGIG YIU TIE All American [5 At CREDIT PLAN THAT SAYS—SAYE: MONEY... BUY OUT OF INCOME!

Tremendous Anniversary Savings

SALT and _ PEPPER

kers and tray. ity "Catalin time

SALAD BOWL SET

3 pieces consisme of bowl, large fork and s

3-PC. I0E BOX SET BE 26

golden glow color, (AER.

4-Po. Ash

a iL: ANERIGAN

SHAVING VALUE!

New 1940 - Schick Electrie Razor

Trade in Your Old Straight, Safety or Electric Razor on the New

SCHICK CAPTAIN ‘Reg. Price $12.50

Less Old Razor ___$2.16

Only On Yo Old Razor Regardiess of Make or Condition

Anniversary Super Spee ecial

Pirst time ever! famous; watch with -2 ~-monds | unheard

na 2 ionally

men—

RO ER