Gold-colored metal ribbon holder and medal, and red cloth ribbon, top reads DELEGATE and medal reads NATIONAL LIVE STOCK ASSOCIATION/5th/ANNUAL CONVENTION/DEC 3-6 1901/CHICAGO. The medal features a steer at the top, a cow to the right, a horse in the center and a sheep to the left. These animals heads surround a horseshoe with horse's head in the center.
This badge was presented to cowboys, traders, farmers, ranchers, buyers, and bankers as a symbol of comradeship in the livestock association.
This badge reflects the power and influence of the Chicago Live Stock Exchange, established in 1884, on the local and national economies, and strengthened the city's ties to rural America. The motto of the livestock dealers based at the Union Stockyard was "success comes to those who hustle wisely", words of wisdom that captures the essence of Chicago's spirit of entrepreunship. William H. Thompson was elected the first president of the National Live Stock Association, which held its annual convention in Chicago.