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Chicago Board of Trade - dry bushel = 2150.400 cu.in.

February 11 2003 at 12:39 PM
 


Eugene,

Regarding your question of November 17th.

"Why are places that sell you cheap airline tickets called bucket shops."

The dry bushel is the common unit of measure for all trading on the floor of the Chicago Board of Trade for wheat, and has been so since 1848.

Chicago Board of Trade
Gage & Haines Flour Store
South Water Street
Town of Chicago
Free State of Illinois

However, brokers traded unofficially in the street outside the Chicago Board of Trade. Although the unit of measure was still the dry bushel, not the dry bucket, the place in the street where such unofficial brokers traded was called the "bucket shop" because the trades were usually smaller than those on the floor of the Chicago Board of Trade.

The term "bucket shop" soon became attached not only to all unofficial brokers outside official commodity exchanges, but also to any sort of unofficial shop. Places that sell you airline tickets below their face value, are not part of the official setup of any airline. They and similar places are "bucket shops" dealing in unofficial paper credit for debts of either real property or personal property.

1 dry bucket = 1075.200 cubic inches
1 dry bushel = 2150.400 cubic inches

DRY MEASURE
1 dry pint = 33.600 cu.in.
1 dry quart = 67.200 cu.in.
1 dry pottle = 134.400 cu.in.
1 dry gallon = 268.800 cu.in.
1 dry peck = 537.600 cu.in.
1 dry bucket = 1075.200 cu.in.
1 dry bushel = 2150.400 cu.in.
1 dry strike = 4300.800 cu.in.
1 dry coomb = 8601.600 cu.in.
1 dry barrel = 5.6 cu.ft. = 1 fluid tierce = 1 oil barrel
1 dry seam = 17203.200 cu.in.
1 dry wey = 68812.800 cu.in.
1 dry chalder = 44.8 cu.ft.
1 dry last = 89.6 cu.ft.
_______________________________

1 troy ton = 2016 av.lb.
1 fluid tun = 2016 fluid pints
1 fluid tun = 1728 dry pints (12 x 12 x 12 = 1728)
1 fluid tun = 33.6 cu.ft.
1 dry pint = 33.600 cu.in.

If you want more information, see site:

http://www.weights-and-measures.com

And topic:

Common Fluid Measure & Common Dry Measure



 

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