Board of Trade of Chicago v. United States
Supreme Court of the United States
APPEAL FROM THE DISTRICT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF ILLINOIS. The casé is stated in the opinion. The Sherman Law does not condemn a resort to normal methods of commercial exchanges to promote business, and in determining these, all the facts and conditions existing at the time, as well as the intent and purpose of the parties, shoukLbe .considered.
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APPEAL FROM THE DISTRICT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF ILLINOIS. The casé is stated in the opinion. The Sherman Law does not condemn a resort to normal methods of commercial exchanges to promote business, and in determining these, all the facts and conditions existing at the time, as well as the intent and purpose of the parties, shoukLbe .considered. This rule^was but a,normal method of promoting the business of the .exchange and the welfare of its members, and did not differ from other methods proper for exchanges to resort to, including ;that preventing members…
1Opinion of the Court
Mr. Justice Brandéis
delivered the opinion of the court.
Chicago is the leading grain market in the world. Its Board of Trade is the commercial center through which most of the trading in grain is done. The character of the organization is described in Board of Trade v. Christie Grain & Stock Co., 198 U. S. 236. Its 1600 members include brokers, commission merchants, dealers, millers,. maltsters, manufacturers of com products and proprietors of elevators. Grains there dealt in are graded according to kind and quality and are sold usually “Chicago weight, inspection and delivery.” The standard…
2Cases cited2 opinions
- Board of Trade of Chicago v. Christie Grain & Stock Co.Supreme Court of the United States · 1905
- Anderson v. United StatesSupreme Court of the United States · 1898
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- United States v. United States Gypsum Co.Supreme Court of the United States · 1978
- Continental T. v. Inc. v. GTE Sylvania Inc.Supreme Court of the United States · 1977
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