Chicago Board of Trade records: Series III - George F. Stone secretary correspondence, Bulk, 1909-1913
- TitleChicago Board of Trade Records: Series III - George F. Stone secretary correspondence MSCBT0010
- PublisherSpecial Collections
- RepositorySpecial Collections
- Physical Description18.0 Linear feet This series contains 40 Hollinger boxes and 1 oversize box.
- Bulk, 1909-1913
- LocationThe oversize items are shelved in B-242, Bay 8.
Processed by John Rosen, Lindsay Menard, and Kit Fluker November 2010-September 2011. Finding aid written by Kit Fluker. Edited and 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.
Files are arranged alphabetically by year. Records are usually alphabetized by the organization names and personal names of correspondents, rather than by general subjects. For example, a request for quotations on the price of wheat would be filed under the surname or company name of the person making the request, rather than "wheat" or "quotations."
Boxes 461-471 are also listed in J.C.F. Merrill's secretarial correspondence. Box 634 is also listed in John R. Mauff's secretarial correspondence.
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.
This record group contains George F. Stone's files from 1909 to 1912. Stone served as secretary of the Chicago Board of Trade from 1884 to his death in 1912. The material is mostly correspondence, but also includes clippings, warehouse records, booklets, pamphlets, and financial records. The record group contains correspondence with CBOT members, legal counsel, other commodity exchanges, local chambers of commerce, the US Department of Agriculture, and visitors to the Board of Trade. A large amount of the correspondence is information requests, such as requests for commodity quotations, questions about CBOT rules, and queries about CBOT members and Chicago area businesses. Also present is correspondence notifying members of decisions made by various CBOT committees and the Board of Directors.
A small amount of Stone's correspondence and records from before 1909 are present in boxes 433, 434, and 634. Box 433 also contains records from two of Stone's predecessors, secretaries W.W. Mitchell (1855-1858) and Charles Randolph (1869-1884).
- Chicago Board of Trade.
- National Grain & Feed Association.
- Stone, George F. (George Frederick), 1836-1912
- United States. Department of Agriculture.
- Commodity exchanges--Law and legislation.
- Commodity exchanges.
- Commodity futures.
- United States.