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A DIAMOND MERGER

TRUST TO CONTROL PRICES. MORGANS DENY PARTICIPATION. Prt*a Association —By Telegraph—Copyright. NEW YORK, August 4. Messrs J. P. Morgan and Co. deny the London story that they are partners in a new diamond merger, including the Bunkle and Buehler interests in Germany and the Barnato interests. It appears, however, that there is some truth in the statement that a great trust is being formed to control 90 per cent, of the world’s output of diamonds, and the handling and production of the Premier and Jaegersfontein fields for the next five years,—Sydney Sun Cable.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19250806.2.58

Bibliographic details

Otago Daily Times, Issue 19551, 6 August 1925, Page 9

Word Count
96

A DIAMOND MERGER Otago Daily Times, Issue 19551, 6 August 1925, Page 9

A DIAMOND MERGER Otago Daily Times, Issue 19551, 6 August 1925, Page 9

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