Chicago Board of Trade records: Series III - President Henry Hall Wilson correspondence, 1962-1973
- TitleChicago Board of Trade Records: Series III - President Henry Hall Wilson correspondence MSCBT0006
- PublisherSpecial Collections
- RepositorySpecial Collections
- Physical Description15.0 Linear feet
Processed by Sarah McMahon and Mike Hartge April 2011-May 2012. Finding aid by Kit Fluker and Jae Lurie. Encoded by Jae Lurie April 2012.
[Collection Title], Special Collections and University Archives, University of Illinois at Chicago
The records of the Chicago Board of Trade at the University of Illinois at Chicago are closed for 50 years from the date of record creation. Please contact Special Collections before visiting to ensure that the materials are available to the public.
The Chicago Board of Trade records were received by Special Collections and University Archives in numerous accessions between 1968 and 2000.
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.
The record group consists of Wilson’s correspondence, which is arranged roughly alphabetically and by year to the box level. Files from the Board of Directors and miscellanea are also included at the end of the container list.
A small number of records related to Henry Hall Wilson, during and after his CBOT presidency, can be found in Chicago Board of Trade records: Executive Vice Presidents records. The files relate to CBOT officer Robert Burmeister's correspondence and work collaborations with Wilson between 1970 and 1979.
Henry Hall Wilson was CBOT president from 1967 to 1973. From 1961 until his appointment to CBOT president, Wilson was an administrative assistant to Presidents John F. Kennedy and Lyndon B. Johnson, serving as a Congressional liaison to the House of Representatives. Prior to his legislative work, Wilson served in the North Carolina state legislature for six years. In 1968 Johnson appointed Wilson head of a commission to promote trade with Eastern European countries. He resigned from CBOT in July 1973 to unsuccessfully run for the Senate from North Carolina. He died in July 1979.
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.
This record group consists of Henry Hall Wilson’s presidential records from 1967 to 1973. It is almost entirely correspondence, but also includes Board of Directors materials and miscellanea.
- Chicago Board of Trade.
- Wilson, Henry Hall, 1921-1979
- Commodity exchanges.
- Commodity futures.
- United States.