



As an futures ex-trader, I would suggest that represents a receipt for 8 futures contracts of wheat for May delivery at a price of 73 cents per bushel.
I first thought corn because of the Bank cancel, but the price of corn in 1902 was in the 50-55c range, whereas wheat was in the 70's cents.
Roy

United States of America
Memo of sale for CBOT Member Richard G. Watson
NUMBER & NAME: 3993 WATSON, RICHARD G. (member number 3993)
FIRM: R. G. Watson
BUSINESS: COMMISSION
LOCATION: 12 Sherman Street
Entry above taken from the CBOT membership listing.
Unknown (can't read the kind of property)
close up of the best cancel (this image enhanced)
re: Chicago Board of Trade (CBOT) Member Richard G. Watson
As an futures ex-trader, I would suggest that represents a receipt for 8 futures contracts of wheat for May delivery at a price of 73 cents per bushel.
I first thought corn because of the Bank cancel, but the price of corn in 1902 was in the 50-55c range, whereas wheat was in the 70's cents.
Roy