Silver urn-shaped trophy with three handles attached at neck and body; one side reads "PRESENTED TO/WILLIAM H. THOMPSON, JR./BY/MEMBERS OF/THE CHICAGO LIVE STOCK EXCHANGE" with relief image of a bull below lettering. Trophy in blue cloth bag.
The silver loving cup was presented in 1902 to William H. Thompson Jr., president of the Chicago Live Stock Exchange from 1888 until 1902. A New York native, Thompson came to Chicago in 1873 where he retired from a nearly 50-year career in the cattle business in 1903.
The trophy documents the importance of Chicago's livestock and meatpacking trade, among the city's most important industries in the late 19th and early 20th centuries. The Chicago Live Stock Exchange was founded in 1884 and increased the city's ties with rural America. The exchange was comprised of a group of cattle dealers whose motto was: "Success comes to those who hustle wisely" . Its members elected William H. Thompson Jr. its first vice president and later its president from 1888 until 1902. Thompson's presidency garnered him the great esteem of his colleagues. Thompson later served as the first president of the National Live Stock Exchange founded in 1887, which often held its annual convention in Chicago further demonstrating the city's prominence in the industry.