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Page 532 of 2651

Author: Adam Smith

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From 1595 to 1620, both inclusive, the average price of the
quarter of nine bushels of the best wheat, at Windsor market,
appears, from the accounts of Eton college, to have been £ 2:1:6
⁹⁄₁₃. From which sum, neglecting the fraction, and deducting a
ninth, or 4s. 7 ⅓d., the price of the quarter of eight bushels
comes out to have been £ 1:16:10 ⅔. And from this sum, neglecting
likewise the fraction, and deducting a ninth, or 4s. 1 ⅑d., for
the difference between the price of the best wheat and that of
the middle wheat, the price of the middle wheat comes out to have
been about £ 1:12:8 ⁸⁄₉, or about six ounces and one-third of an
ounce of silver.

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