Adam Smith：The Wealth of Nations, Book I, Chapter XI, Paragraph 519

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.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book I, Chapter XI, paragraph 519 · Verified：2026-10-19 · Verification：Exact match

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