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MOORE v. N.Y. COTTON EXCHANGE

No. 200.

270 U.S. 593 (1926)

46 S.Ct. 367

70 L.Ed. 750

MOORE, PRESIDENT OF THE ODD-LOT COTTON EXCHANGE OF NEW YORK, v. NEW YORK COTTON EXCHANGE ET AL.

Supreme Court of United States.

Decided April 12, 1926.

Attorney(s) appearing for the Case

Mr. John M. Coleman, with whom Mr. Oscar B. Bergstrom was on the brief, for appellant.

Mr. George W. Wickersham, with whom Messrs. Henry W. Taft and George Coggill were on the brief, for New York Cotton Exchange, appellee.

Mr. Francis R. Stark filed a brief for the Western Union and the Gold Stock Telegraph Companies, appellees.

MR. JUSTICE SUTHERLAND delivered the opinion of the Court.

The Odd-Lot Cotton Exchange is an organization whose members make contracts for themselves and for customers for the future delivery of cotton in lots of not more than 100 nor less than 10 bales. The members of the New York Cotton Exchange, which is organized under a special act of the New York Legislature, c. 365, Laws 1871, p. 724, also make contracts for the purchase and sale of cotton for future delivery...

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