Chicago Board of Trade records: Series I - Membership records, Bulk, 1875-1929
- TitleChicago Board of Trade records: Series I - Membership records MSCBT0002
- PublisherSpecial Collections
- RepositorySpecial Collections
- Physical Description88.0 Linear feet This series contains 164 Hollinger boxes, 19 oversize boxes, and 4 oversize volumes.
- Bulk, 1875-1929
- LocationThe oversize items are shelved in B-242, Bay 8.
Processed by Cory Davis, John Rosen and Sarah McMahon October 2010-May 2011. Finding aid by Cory Davis, edited by Jae Lurie. Encoded by Jae Lurie April 2012.
The membership records contain applications for membership, records of membership transfers and withdrawn membership transfers, membership stubs and certificates, and bound membership lists and directories. The bulk of the series spans 1875-1929. The collection contains membership directories for 1902 and 1916-2007.
[Collection Title], Special Collections and University Archives, University of Illinois at Chicago
Records pertaining to the membership of the Chicago Board of Trade at the University of Illinois at Chicago are only open to researchers by special permission granted by CME Group. All records are closed for 50 years from the date of creation. Special Collections staff are able to confirm individual memberships and provide dates of membership if available in the records, but these materials may not be viewed by the public.
The Chicago Board of Trade records were received by Special Collections and University Archives from the Chicago Board of Trade in numerous accessions between 1968 and 2000.
The membership records are organized chronologically. Applications for membership, records of transfers of membership and withdrawn transfers of membership, membership stubs and certificates are housed together by year. Bound membership lists and directories are stored together at the end of the record group. There are oversize materials associated with this series. They are listed at the end of the container list.
The Chicago Board of Trade (CBOT) was started in 1848 by a small group of Chicago businessmen. The exchange was formed to help structure the grain trade in the Midwest. Before the Chicago Board of Trade came into being, the market for grain was extremely volatile with prices high in the winter and low in the summer, resulting in poor economic conditions for farmers. The early Board of Trade helped to create stable economic conditions for regional farmers and also worked to create standards and grades for various grains along with inspection processes to help ensure buyers received the goods for which they had paid. In 1859 the Illinois legislature granted the Chicago Board of Trade a charter allowing self-regulation. By 1865 the CBOT had a permanent location in the Chicago Chamber of Commerce Building and about 150 members. The Chicago Board of Trade was governed by its members and an elected Board of Directors. Rules and Regulations regarding day-to-day activities of the exchange were amended frequently as the organization responded to the issues of the time. The established organization of the Board of Trade in its early years was mostly maintained over time with revisions to rules and additions and subtractions to the organization based upon the economic, political, and technological climate at the time.
Materials from accessions 1968-113, 69-11, 72-44, 72-48, 74-16, 74-33, 75-68, 76-115, 77-53, 77-89, 78-91, 79-42, 81-21, 81-22, 81-23, 81-49, 81-110, 82-46, 83-50, 83-51, 84-28, 84-41, 84-42, 85-29, 86-3, 86-4, 86-5, 86-16, 86-17, 86-18, 91-11, 91-24, 92-11, 92-19, 93-1, 93-21, 93-30, 95-28, 97-2, 97-14, 97-32, 98-2, and 2000-37 were merged into one collection. Materials from each accession may be described in this finding aid.
- Chicago Board of Trade -- Membership.
- Chicago Board of Trade.
- Commodity exchanges.
- Commodity futures.
- United States.