Note 262 — A JOURNAL OF THE FIRST VOYAGE OF VASCO DA GAMA IN 1497-99. (continued 2)
Ernest Georg Ravenstein translation
In calculating these values we have assumed the quintal to be equivalent to 100 pounds, the bahar = 460 pounds, the ratel = 1 pound. The cruzado is taken at 9s. 8d.
It is interesting to compare these prices with those given by Duarte Barbosa for Calecut. Assuming the fanão to be worth 6.5d. they were as follows per pound:—Cinnamon, 4.3d.; cloves, 7.2d. to 8.3d.; pepper, 2.9d. to 3.3d.; ginger, 0.5d. to 0.9d.; nutmeg, 3.0d. to 3.36d.; lac, 3.6d. to 5.2d.; rhubarb, 9s. 9d. to 11s.; musk, £15 11s.; aloe-wood, 24s. 7d.; frankincense, 0.9d. to 1.5d. A purchaser of one pound of each of these commodities would have paid at Calecut £17 13s. 6d., and would have received at Alexandria £57 12s. 8d., an increase of 210 per cent. (See Lord Stanley of Alderley’s version of Duarte Barbosa, Hakluyt Society, 1866, p. 219.)
Present Retail Prices in London are as follows (per pound): cinnamon, 1s. 8d.; cloves, 1s. 6d.; pepper, 7½d. to 10½d.; ginger, 10d. to 1s. 4d.; nutmeg, 2s. 6d. to 3s.; lac, 8d.; rhubarb, 8s. to 12s.; musk, £117.