John Camden Hotten, The History of Signboards, from the Earliest times to the Present Day
“ The Steelyard, or Stilliard, in Upper Thames Street, was the place where the Hanse merchants exposed their goods for sale, and was so called from the king’s steelyard, or beam, there erected for weighing the tonnage of goods imported into London. [392] Whether this sign represented a Cupid with such a weighing machine, or a view of the hall of the Hanse merchants, with a Fame flying over it, is now impossible to decide. It may be suggested that a variation of the well-known figure of Justice, with steelyards in place of the usual scales, was the origin. ”
