HBI Logo  
  Newsletter  Edition 3 January 2004  Quarter 1  
Newsletter //  Industry News
Industry News Title
  Rising Commodity Prices Warning
Silver and Gold commodity prices have been steadily marching upward this year. As a result of this increase, our costs have dramatically increased and reduced our margins. This cost increase will likely force us to add a blanket commodity surcharge to all our precious metal goods in early 2004. At current trend levels, this surcharge should be less than 5%. However, if metal prices continue to spike at higher and higher levels, we may be forced to increase that percentage as necessary. We apologize for any inconvenience and thank you for understanding.

Tucson Gem Show Tucson Gem Show
The Annual Tucson Gem Show begins in just a few weeks. If you have never attended, this is THE show to add to your travel agenda next year. The Tucson show is a collection of roughly 15 shows occurring in Tucson during the first half of February. These shows cover the complete spectrum of products in the jewelry trade. This is an excellent arena for identifying new suppliers and customers, as well as just getting a bead on the industry each year. If you plan to attend next year, book your hotels early; most are full by October. See www.tucsonshowguide.com for more information on the event.
phone
1.800.528.0535
fax
928.776.1158
e-mail
bead@halsteadbead.com