[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 451 Introduced in House (IH)]







105th CONGRESS
  2d Session
H. RES. 451

  Congratulating the Chicago Board of Trade and the city of Chicago, 
Illinois, on the occasion of the 150th anniversary of the establishment 
                     of the Chicago Board of Trade.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              June 3, 1998

  Mr. Davis of Illinois submitted the following resolution; which was 
      referred to the Committee on Government Reform and Oversight

_______________________________________________________________________

                               RESOLUTION


 
  Congratulating the Chicago Board of Trade and the city of Chicago, 
Illinois, on the occasion of the 150th anniversary of the establishment 
                     of the Chicago Board of Trade.

Whereas in 1998 the Chicago Board of Trade is observing the 150th anniversary of 
        its establishment;
Whereas the Chicago Board of Trade has made essential contributions to financial 
        growth in Chicago, Illinois, and in the Nation;
Whereas futures markets were developed by finance pioneers in Chicago and today 
        Chicago remains the commercial crossroads of the world;
Whereas the Chicago Board of Trade is the oldest and largest futures and options 
        exchange and is continuing its traditions of innovation, service, and 
        leadership in global finance;
Whereas the accomplishments of the Chicago Board of Trade during the past 150 
        years include such major achievements as inventing grain futures, 
        founding the premier trade clearing system in the world, launching the 
        first stock options exchange, developing the first interest rate 
        futures, advancing the use of technology with an electronic trading 
        system, and constructing the largest and most technologically advanced 
        trading floor in the world;
Whereas the Chicago Board of Trade and its members have achieved success while 
        adhering to the highest standards of uncompromising integrity; and
Whereas the Chicago Board of Trade will continue to be a leader among the 
        financial institutions of the world into the next millennium: Now, 
        therefore, be it
    Resolved, That the House of Representatives--
            (1) congratulates the Chicago Board of Trade and the city 
        of Chicago, Illinois, on the occasion of the 150th anniversary 
        of the establishment of the Chicago Board of Trade; and
            (2) urges the Chicago Board of Trade to continue its 
        innovation, service, and leadership into the next millennium.
                                 <all>