GemNotes

'95 COULD BE RECORD YEAR FOR DE BEERS This could be a record year for rough diamond sales by De Beers' Central Selling Organisation, say stock analysts in Johannesburg, SouthAfrica, home of De Beers. Responding to a 7.7% jump in the company's stock price in early October, the analysts said rough sales should top $4.4 billion this year. First-half sales of $2.54 billion ran slightly below 1994 levels. But the company's allocations of diamonds in the second half have been running ahead of last year. De Beers was forced to curtail its allocations in the second half of last year because Russia had made so many large-scale sales outside of theCSO. Russia is still selling diamonds outside of De Beers, but not as many as last year. As a result, De Beers' sight allocations have been larger than last fall's (September's totaled about $400 million). The CSO has cut back on smaller, lower qua
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