[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. Res. 229 Agreed to Senate (ATS)]







105th CONGRESS
  2d Session
S. RES. 229

Commemorating the 150th anniversary of the establishment of the Chicago 
                            Board of Trade.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 12, 1998

Ms. Moseley-Braun (for herself and Mr. Durbin) submitted the following 
             resolution; which was considered and agreed to

_______________________________________________________________________

                               RESOLUTION


 
Commemorating the 150th anniversary of the establishment of the Chicago 
                            Board of Trade.

Whereas the Chicago Board of Trade, which celebrates in April 1998 the 150th 
        anniversary of its establishment, has been an essential contributor to 
        financial growth in Chicago, Illinois, and our 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, the oldest and largest futures and options 
        exchange, continues its tradition of innovation, functioning as a global 
        financial leader;
Whereas the Chicago Board of Trade's 150 years of accomplishments include such 
        major achievements as inventing grain futures, founding the world's 
        premier trade clearing system, launching the first stock options 
        exchange, developing the first interest rate futures, advancing the use 
        of technology with its 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 as a world-leading financial 
        institution into the next millennium: Now, therefore, be it
    Resolved, That the Senate--
            (1) congratulates the Chicago Board of Trade and the city 
        of Chicago, Illinois, on the 150th anniversary of the 
        establishment of the exchange; and
            (2) expresses its wishes for continued years of innovation, 
        service, and leadership by the Chicago Board of Trade into the 
        next millennium.
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