8Q2
1J~n.—June 17, 1930. Change in tariff June 22.  2lune 22—Dec.
31, 1930. $ First importation.   ".7.
 MINERALS YEARBOOK /


 Taxes.—Another condition that must be considered in the marketing
of gem stones is the extent to which such goods are affected by general taxes
levied upon both dealers and purchasers. Section ~05 of the Revenue Act of
1932 specifies the taxes payable on diamonds~ and mountings by retail jewelers
and customers and should be consulted by those interested.

IMPORTS AND DOMESTIC TARIFF

 Diamonds represent 93 percent of the gem imports into the TJthted~ States.
In. 1932 the United States purchased 65 to 70 percent of. the world output
compared with 75 to 80 percent in 1930. The value of diamond importations
since 1913 totals nearly $700,000,000. Gem stones imported since 1922 are
valued as follows:

Value of gem stones imported into the United States, 19P~2—3~3
 Year Value Year Value . Year Valu& Year Value
 1922 $65, 615,937 1925 $73, 915,422 1928 $67, 964,278 1931 $21,126,319
 1928 74, 147,897 1926 78, 290,971 1929 75, 317,358 1932 12, 771, 091
 1924 71,263,730 1927 64,949,943 1930 38,641,693



 Importations by classes for 1929—32 are given in the following table:"

Gem stones imported into the United States, by classes, 1929—3~
"









Class
1929

1930

1931

1932

—










—~


Carats
Value
Carats
Value
Carats
Value
Carats
Value

Diamonds:









 Rough or uncut            
 Cut but unset             
 Bort and dust             
 Glaziers', engravers', etc     Other precious stones, rough or
 uncut~___                      Pearls, not strung or set             Other
precious and semiprecious
 stones, cut but not set
349,023
414,384
 4, 567
46,949





11,255


 
$9,588, 137
41,828, 581
89, 363
4,067,674

217,759
10,345,420

 

1,342

.~

 291,490

5,327,839

~

198

3,772,811

 58,316



68,655


 30,015
 
201,031
297,063
 
145,862
 
 
285
 
 
1,254
 
 
 
 
$5, 769,566
23,405,415
 9k), 915
2,756,630

 90,357
2,648,042

11,661,593

91

 229,370

 853,625

193

1,697,092

 51,980

 2 6,865

 25,941

 1 28,409

 2 1, 569

 72,240
1,053, 694
85, 249
201,620
 
224,970

 
 

 

 

5,922

 

 

 

 
$3, 851,698
11,939, 291
20,292
2,400,879

106,127
1,281,019

1, 200, 155
 


109,731


 

393


1,454,679

66,490

7,740

17, 114
40, 153
182,991

163,704

 
 

 



 




1,779
.

 


 


 


 
$1, 512,959
7,816, 297
 
1,061,828

 42,080
552,908

532,450



63,912




 272


897,013

43,847

5, 137

 9,426

.~   

 1,367

11,625
63,441

Agate,unmanufacturedpounds Agate, rock crystal, and other
semipreciousstones, unsuitable for jewelry, manufactures of Corals, rubies,
cameos, and precious and semiprecious stones, cut but not set           
      









Coral, marine, uncut and un-
 manufactured pounds...
Imitation precious and semiprecious stones:
Cut or faceted  Not cut or faceted, mounted or
 unmounted                    Imitation of opaque stones, not
 faceted
Half pearls and bottom or filled pearls partly pierced            
Solid pearls wholly or partly pierced, mounted or anmounted             
        
Solid pearls (n.e.s)               
Emeralds:
1,859























 .
 
170,876
 4, 242
.~
 3,425
 270,384
 182,350
 .
 
14,830
1,345


Rough or uncut            Cut but not set            
Marcasite:
2,304
25,433
17,163
2,452, 585
18,312
11, 244






Real                                        



90, 264

68, 396
34,034
3238

105,087
50,867
 528

Imitation
Iridescent solid pearls              



17,248