It looks like a lever arm to a balance. Notice that it isn't 11 "inch" marks. but weight unit marks. The distance from 0-1 is longer than 1-2 and 2-3 is smaller still. The farther from the pivot point, the less dramatic the change between marks. It has what looks like saw teeth on the top to more or less precisely hang a cup or basket from a wire. You could fill the container with a scoop until the lever arm balanced with a fixed weight on the other side. You probably would rather use something a little more precise if measuring gold or gunpowder, but might be perfectly acceptable to use for grain, mortar or similar bulk product.