The Hanau Jewelry and Diamond Industry
Washington D.C., April 2.—The United States and England are the best markets for the Hanau, Germany, jewelry industry. The chief exports are half-finished articles, such as brooches, pins, lockets, etc., ready to be set with stones. Consul General F. T. Dumont, at Frankfort-on-Main, reports to the Department of Commerce that there has been a marked improvement in the industry this year as compared with last. The domestic market is good and the majority of the manufacturers have resumed full working hours. High-priced articles of fine quality are most in demand, customers being the new rich, while the middle classes are no longer able to buy even the medium quality jewelry purchased in former years.
The diamond cutters of Hanau, of which there are about 1,500, are fully occupied, chiefly with contract work for Dutch companies. The kind of work performed by the Hanau cutters has changed gradually in the past 10 years. Before the war the German cutter was considered more reliable and thorough than the Dutch, Consul General Dumont advised, and the most valuable stones were given to him to cut. During and since the war highly skilled labor has been scarce in Germany and cheaper stones. are being cut by men trained in the eight facet but who cannot be trusted with the 32 and 36 faceting.
Source: The Jewelers' Circular - 9th April 1924