Chicago_Board_of_Trade_v._Christie_Grain

<i>Chicago Board of Trade v. Christie Grain & Stock Co.</i>

Chicago Board of Trade v. Christie Grain & Stock Co.

1905 United States Supreme Court case


Chicago Board of Trade v. Christie Grain & Stock Co., 198 U.S. 236 (1905), was a decision by the United States Supreme Court, which upheld sales of American grain for future delivery provided for by the rules of the Chicago Board of Trade of the state of Illinois. Justice Oliver Wendell Holmes Jr. delivered the majority opinion of the court, in which he wrote:

People will endeavor to forecast the future and to make agreements according to their prophecy.

Quick Facts Chicago Board of Trade v. Christie Grain, Argued April 20, 24–25, 1905 Decided May 8, 1905 ...

See also

Further reading

  • Boyle, James E. (1920). Speculation and the Chicago Board of Trade. New York: Macmillan.
  • Levy, Jonathan Ira (2006). "Contemplating Delivery: Futures Trading and the Problem of Commodity Exchange in the United States, 1875-1905". American Historical Review. 111 (2): 307–335. doi:10.1086/ahr.111.2.307.

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