board
trade
city
chicago
argued
decided
march
henry
robbins
chicago
appellants
carroll
todd
asst
atty
justice
brandeis
delivered
opinion
chicago
leading
grain
market
world
board
trade
commercial
center
trading
grain
done
character
organization
described
board
trade
christie
grain
stock
sup
members
include
brokers
commission
merchants
dealers
millers
maltsters
manufacturers
corn
products
proprietors
elevators
grains
dealt
graded
according
kind
quality
sold
usually
weight
inspection
delivery
standard
forms
trading
spot
sales
sales
grain
already
chicago
railroad
cars
elevators
immediate
delivery
order
carrier
transfer
warehouse
receipt
future
sales
agreements
delivery
later
current
future
month
sales
arrive
agreements
deliver
arrival
grain
already
transit
chicago
shipped
within
time
specified
every
business
day
sessions
board
held
bids
sales
publicly
made
spot
sales
future
sales
made
regular
sessions
board
except
saturdays
session
closes
special
sessions
termed
held
immediately
close
regular
session
sales
arrive
made
sessions
limited
duration
last
usually
half
hour
sessions
transactions
members
may
trade
either
behalf
others
members
may
also
trade
privately
one
another
place
either
sessions
may
trade
nonmembers
time
except
premises
occupied
board
purchases
grain
arrive
made
argely
country
dealers
farmers
throughout
whole
territory
tributary
chicago
includes
besides
illinois
iowa
indiana
ohio
wisconsin
minnesota
missouri
kansas
nebraska
even
south
north
dakota
purchases
sometimes
result
bids
individual
country
dealers
made
telegraph
telephone
either
sessions
chases
made
sending
chicago
afternoon
mails
hundreds
country
dealers
offers
buy
prices
named
number
carloads
subject
acceptance
next
business
day
board
adopted
known
rule
members
prohibited
purchasing
offering
purchase
period
close
call
opening
session
next
business
day
wheat
corn
oats
rye
arrive
price
closing
bid
call
call
rare
exceptions
change
effected
adoption
rule
members
fixed
bids
throughout
day
prices
respectively
saw
fit
adoption
rule
bids
fixed
day
closing
bid
call
opening
next
session
filed
district
northern
district
illinois
suit
board
executive
officers
directors
enjoin
enforcement
call
rule
alleging
violation
law
july
stat
defendants
admitted
adoption
enforcement
call
rule
averred
purpose
prevent
competition
control
prices
promote
convenience
members
restricting
hours
business
break
monopoly
branch
grain
trade
acquired
four
five
warehousemen
chicago
motion
government
allegations
concerning
purpose
establishing
regulation
stricken
record
case
heard
upon
evidence
decree
entered
declared
defendants
became
parties
combination
conspiracy
restrain
interstate
foreign
trade
commerce
adopting
acting
upon
enforcing
rule
enjoined
ing
upon
adopting
acting
upon
similar
rule
opinion
delivered
district
judge
government
proved
existence
rule
described
application
change
business
practice
involved
made
attempt
show
rule
designed
effect
limiting
amount
grain
shipped
chicago
retarding
accelerating
shipment
raising
depressing
prices
discriminating
part
public
resulted
hardship
one
case
rested
upon
bald
proposition
rule
agreement
men
occupying
positions
strength
branch
trade
fixed
prices
buy
sell
important
part
business
day
illegal
restraint
trade
law
legality
agreement
regulation
determined
simple
test
whether
restrains
competition
every
agreement
concerning
trade
every
regulation
trade
restrains
bind
restrain
essence
true
test
legality
whether
restraint
imposed
merely
regulates
perhaps
thereby
promotes
competition
whether
may
suppress
even
destroy
competition
determine
question
must
ordinarily
consider
facts
peculiar
business
restraint
applied
condition
restraint
imposed
nature
restraint
effect
actual
probable
history
restraint
evil
believed
exist
reason
adopting
particular
remedy
purpose
end
sought
att
ined
relevant
facts
good
intention
save
otherwise
objectionable
regulation
reverse
knowledge
intent
may
help
interpret
facts
predict
consequences
district
erred
therefore
striking
answer
allegations
concerning
history
purpose
call
rule
later
excluding
evidence
subject
evidence
admitted
makes
clear
rule
reasonable
regulation
business
consistent
provisions
law
first
nature
rule
restriction
upon
period
required
members
desist
close
call
next
business
day
restriction
upon
sending
bids
close
call
thus
required
members
desired
buy
grain
arrive
make
minds
close
call
much
willing
pay
interval
next
session
board
rule
made
interest
attend
call
fill
wants
purchases
make
final
bid
high
enough
enable
purchase
country
dealers
second
scope
rule
restricted
operation
grain
arrive
applies
small
part
grain
shipped
day
day
chicago
even
smaller
part
day
sales
members
left
free
purchase
grain
already
chicago
one
price
throughout
day
applies
small
part
business
day
members
left
free
purchase
sessions
board
grain
arrive
price
members
anywhere
nonmembers
anywhere
except
premises
board
applied
grain
shipped
chicago
members
left
free
purchase
price
throughout
day
either
members
grain
arrive
market
country
dealers
farmers
available
practically
every
part
territory
called
tributary
chicago
market
grain
arrive
thus
missouri
kansas
braska
parts
illinois
also
tributary
louis
nebraska
iowa
omaha
minnesota
iowa
south
north
dakota
minneapolis
duluth
wisconsin
parts
iowa
illinois
milwaukee
ohio
indiana
parts
illinois
cincinnati
indiana
parts
illinois
louisville
third
effects
rule
applies
small
part
grain
shipped
chicago
part
business
day
apply
grain
shipped
markets
rule
appreciable
effect
general
market
prices
materially
affect
total
volume
grain
coming
chicago
within
narrow
limits
operation
rule
helped
improve
market
conditions
thus
created
public
market
grain
arrive
adoption
bids
made
privately
men
buy
sell
without
adequate
knowledge
actual
market
conditions
disadvantageous
concerned
particularly
country
dealers
farmers
brought
regular
market
hours
board
sessions
trading
grain
arrive
brought
buyers
sellers
direct
relations
call
gathered
together
free
open
interchange
bids
offers
distributed
business
grain
arrive
among
far
larger
number
chicago
receivers
commission
merchants
case
increased
number
country
dealers
engaging
branch
business
supplied
regularly
bids
chicago
also
increased
number
bids
received
competing
markets
eliminated
risks
necessarily
incident
private
market
thus
enabled
country
dealers
business
smaller
margin
way
rule
made
possible
pay
farmers
without
raising
price
consumers
enabled
country
dealers
sell
grain
arrive
otherwise
obliged
either
ship
chicago
commission
merchants
sell
delivery
enabled
grain
merchants
chicago
sell
millers
exporters
trade
smaller
margin
paying
grain
selling
less
make
chicago
market
attractive
shippers
buyers
grain
incidentally
facilitated
trading
arrive
enabling
engaged
transactions
fulfill
contracts
tendering
grain
arriving
chicago
railroad
whereas
formerly
shipments
made
particular
railroad
designated
buyer
restraint
imposed
rule
less
severe
sustained
anderson
sup
every
board
trade
nearly
every
trade
organization
imposes
restrainst
upon
conduct
business
members
relating
hours
business
may
done
common
make
special
appeal
tend
shorten
working
day
least
limit
period
exacting
activity
decree
district
reversed
directions
dismiss
bill
reversed
justice
mcreynolds
took
part
consideration
decision
case
footnotes
exception
future
sales
material