ABSTRACT
number of quarters of grain multiplied by these rates and the grain was valued at the same in the Dieta showing the cost of feeding the College. Enough rent grain to cover the requirements of the College was received until 1578, but in the years 1579-82 supplementary purchases had to be made by the Bursars, and these are the first grain prices occurring in the accounts. The Rent Act of 15761 secured to the College a supply of cheap grain as part of rents from all estates, to be valued at 6s. 8d. a quarter for wheat and 5s. for malt. One-third of all standing rents was to be rendered in grain rated at these figures while the remaining two-thirds was payable in money. For some years, however, after the passing of the Act, rent grain continued at the old valuation. In 1576 190 qrs. wheat and 175 qrs. malt were supplied by tenants rated at 8s. and 5s. a quarter respectively and these quantities increased during subsequent years. Rent grain under the terms of the Act began to come in from 1582 and from this year the difference of 1s. 4d. a quarter between the old valuation for wheat at 8s. and the statutory 6s. 8d. was entered as a profit to the College under Fortuiti Proventus. This entry ceased after 1599 when the last of the leases made prior to 1575 fell in.
