'TIS KEEN IN LONDON
(By Douglas Liversidge) London: The diamond rush is on. Not on the, dusty, sun-baked African veld but on the damp and misty London pavements. Always symbols of economic “rocks” in the rising tide of world inflation Headquarters of the present diamond activity is a cluster of tiny offices amid the blitzed ruins at Holborn Viaduct. On the fringe of Hatton Garden, London’s world famous diamond market, the Diamond Trading Company and its associate Industrial Distributors (Sales) Limited together form the channel for Q 5 per cent, of all the diamonds mined throughout the world. By mutual agreement producers sell through these agencies, and here the Grand Moguls of London’s diamond empire govern international markets and alone know how many diamonds are emanating from South African soil.
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Bibliographic details
Wanganui Chronicle, 19 January 1948, Page 7
Word Count
130'TIS KEEN IN LONDON Wanganui Chronicle, 19 January 1948, Page 7
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