THE RISE IN THE PRICE OF WHEAT FOR THE "BAKERY IN THE STREET OF THE FISHMARKET" IN THE CITY OF LIMA 1812-1821

Citation
S. Melzer, John T., THE RISE IN THE PRICE OF WHEAT FOR THE "BAKERY IN THE STREET OF THE FISHMARKET" IN THE CITY OF LIMA 1812-1821, Accounting historians journal , 15(1), 1988, pp. 89-118
ISSN journal
01484184
Volume
15
Issue
1
Year of publication
1988
Pages
89 - 118
Database
ACNP
SICI code
Abstract
This article analyzes the information found in the newly discovered account book in the Lima National Archives on bulk wheat prices paid by a centrally located bakery for the nine year period 1812 to June 1821. The conclusion is that the price of wheat per bushel paid by this Lima bakery rose more than eleven hundred percent between 1812 and 1821 and that the profits shown after the bakery paid these increased wheat costs would indicate a rise in the price of bread to cover the increased cost of the wheat. Ships carrying wheat noted in the account book are listed.