Identifier: lifecharacterof00bake (find matches)
Title: Life and character of William Taylor Baker, president of the World's Columbian exposition and of the Chicago Board of trade
Year: 1908 (1900s)
Authors: Baker, Charles H. (Charles Hinckley), b. 1864
Subjects: Baker, William Taylor, 1841-1903 Electric power-plants
Publisher: New York, The Premier press
Contributing Library: The Library of Congress
Digitizing Sponsor: The Library of Congress

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Chapter V CHICAGO BOARD OF TRADE 1890-1897 CHICAGO, by virtue of her geographical loca-tion naturally in her early history became thegrain centre of the United States. The greatgrain producing areas of the country extendedhundreds of miles out from her borders andthree-fourths around her horizon. She was situ-ated at the head of navigation on the GreatLakes and was in the line of railroad develop-ment. It was only logical that grain and trans-portation converging at that point, should result ina trade mart springing up there. As the outlyingagricultural districts were put under cultivation moreand more, it came about that a small colony of grainmerchants and traders developed and became an im-portant feature of the business community. They hadno particular organization. The farmers came infrom the fields and sold their produce to commissionmerchants or warehousemen, or some times these mer-chants went out and met the farmer upon his ownpremises, viewed the grain growing in his fields

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