Chicago Board of Trade Rules Nearing Approval
Secretary Jardine tacitly approves proposed Chicago Board of Trade rules aimed at curbing price swings and evils in grain trading. Membership votes October 9 on changes including a business conduct committee to curb speculation and possible data sharing with the insitution.
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Chicago
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English Aristocracy Involved In Rum Run Scheme
London reports that British aristocrats and leading financiers backed a plan to use Mme Gloria De Casares ship General Serrett to traffic whiskey into America’s rum row. The vessel never sailed with whiskey. backers aimed to unload outside the 12 mile limit off the U S coast. The ship faced crew wage protests broken into stores and damaged wireless equipment as De Casares seeks sale and hopes to travel to New York.
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