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everett e klipp

everett klipp Obituary

1926 - 2011
Everett Klipp, 84, Babe Ruth of the CBOT

Everett Klipp, noted member of the Chicago Board of Trade since 1953, died Jan 28 at his daughters home in Southport NC, of natural causes.

Born in 1926 in Manteno, Il. Mr Klipp lived his early life on a dairy farm with his 5 brothers and sister. As was typical of Depression Era farm families he grew up without electricity, walked miles of rural roads to school, and was even 'loaned out' to other farms as live-in labor as planting and harvest seasons dictated. Mr Klipp joined the Navy during World War II at the age of 18 and served in the Pacific Campaign. After the war he returned to Chicago to attend night school and got a job at the Chicago Board of Trade as a messenger. In 1946 he married his hometown sweetheart Elizebeth Betty Viall, with whom he celebrated their 62nd wedding anniversary shortly before her death in 2008. They raised 4 children.

Mr Klipp worked his way to being office manager at John Morris and Co, bought his membership at the Exchange in 1953, and years later with a partner open Alpha Futures which soon became one of the largest local clearing firms at the CBOT. In addition to trading and being a Director of the Exchange, Mr Klipps legacy and reknown grew from a philosophy of trading which he described as learning to 'Love to Lose'. His biography, trading style, and legend of mentoring new traders were featured in a May 1999 article of Futures Magazine titled "The Babe Ruth of the CBOT". In addition to his Exchange career Mr Klipp served on the (Chicago) Cook County Transit Board, was an officer in the Cook County Republican Party, and is widely credited with being the inspiration and driving force behind the Third Airport of Chicago to be located on the south side of that city. Never one to self-aggrandize and always generous to others less fortunate, Mr KLipp would often offer this assessment of his life...'Not bad for the son of a farm boy'. For more information about his life and legacy please Google ' The Babe Ruth of the CBOT'. family contact at [email protected]

To plant trees in memory, please visit the Sympathy Store.

Published by New York Times from Jan. 31 to Feb. 1, 2011.

Memories and Condolences
for everett klipp

Sponsored by ron klipp, [email protected], son.

17 Entries

Ron Klipp

February 21, 2012

This guest book is meant as a permanent memorial to Everett, and as such all viewers are encouraged to enrich its memory with memories of their own. Everett touched many many lives with his philosophy, hard work and dedication to an honest and loyal Life. If you are in the vicinity of Manteno, Illinois please stop by the Manteno Cemetary on the south side of town and visit the Everett and Betty gravestones...the Klipp Family is in appreciation.

Robert Harrison

March 7, 2011

My parents were longtime friends of both Everett and Betty and my older brothers and I always admired Mr. Klipp for his kindness and warmth. My thoughts are with you at his passing.

Claire Nardoni

February 17, 2011

May God bless you and your family in this time of sorrow.

February 11, 2011

I just learned yesterday of my great friend's death. EEK and I met in the mid 70's while I was a 28 year runner with an MBA trying to find my way around in life.For at least 25 years I laughed , cried, played golf,traveled, traded, and last but not least drank beer and Beefeater martinis (w/a twist) with the maestro. He was as smart,competitive,practical, generous,and kind a soul as you could find in one person. His life's lessons were omnipresent,eg the morning he walked into Alpha's offices wearing a brand new (just out of the box) and expensive Stetson. When someone pointed out that unbeknownst to EEK a pidgeon had just christened the hat as he had walked a few steps from his cab into the building,EEK flashed a big grin and said he was thankful that he was wearing a hat. I'll avoid the drinking stories because they are covered in his book, but some of the best are left unprinted. My life was changed in a major way by Everett and I confess that I'm smiling as I write this as my mind recounts all the mischief we managed to get into together. I will say a prayer for my wonderful friend tonite and toast him with more than a few Heinekens ("mothers milk")because they just don't come any better than Everett Klipp. Jerry Vetterick ("Vet")Assoc. Member CBOT 1979-1999.

ron klipp

February 9, 2011

so many thank yous for all who are remembering everett and his spirit. he lived Life as one big Thank You For Being Alive!!! im including a photo of everett and betty at age 20, knowing that that was the age of his spirit when he was 84 years old. thank you again, we the family greatly appreciate your thoughts...ron klipp

Tom Kabala

February 7, 2011

Quite a visionary...on what now will be known as the O'bama International Airport.

Tom Fitzgerald

February 4, 2011

Everett was a mentor to many and not just the ones at Alpha. My early days in the bond pit include fond memories of his generosity towards a new trader and his kind and gentile nature. My condolences to all of the Klipp family.

Matthew McCormick

February 3, 2011

Thank you Mr. Klipp for introducing me to the business and for always being willing to make time to meet me when I needed some guidance. Your modest nature was and will continue to be a source of inspiration to me. RIP EEK

Christine Traut Miller

February 2, 2011

To the Klipp family:

Of all the years that the Traut children lived in Matteson, our favorite memories are the year that the church rented us the house next door to yours. Your dad and mom were obviously devoted to each other and their parenting style was a wonderful contrast to what we were used to as minister's kids. I seem to remember something about a secret snake collection. You had to confess to your mother when they got loose and I think she refused to come back in the house until you found them all.
Fred, Naomi, Monica and I all wish you the comfort of knowing that your dad touched so many lives. Our best to you all.

Les

February 1, 2011

Twenty-five years ago, Everett taught me how to trade. Though I was not successful in the Bond pit and left after two years, learning that that life was not for me, I have often thought of Everett over the years, how kind he was, what a character he was, how much fun he was, and how he said each morning "It's a beee-u-tee-full day!" Each day truly is. He gave me that outlook. Les White (Chicago)

Sallie Gaines

February 1, 2011

To Everett's family,

Your parents and ours (Virgil and Evelyn Gaines of Watseka) were very good friends, introduced I think in 1977 by Benny, the owner of Mr. Benny's restaurant. The two couples (and Benny and his wife) had many good times together. I met Ev in the 1980s when I started covering the commodities futures exchanges for the business section of the Chicago Tribune. Ev was one of the first people I went to for help in learning the industry. As you can imagine, he was just great. And, yes, I remember him saying vehemently, "You have to LOVE losing money!" He was a go-to person for me as I learned the vagaries of the industry and sorted out who was who.

Our parents, Virgil and Evelyn Gaines, both have died, and I am grateful my brother saw the notice about Everett and made sure we all saw it.

Our condolences to all of you.

Sallie Gaines and siblings Richard Gaines, Barbara (Gaines) Finity, John Gaines and David Gaines, children of Virgil and Evelyn Gaines

Rusty Hart

February 1, 2011

Everett
I think I can speak for all of us who you took under your wings. You not only taught us how to become good traders but more importantly you taught us how to become better people. Living life to its fullest, giving too others and looking at life with an always positive attitude. There is not a day that goes by where one or all of us is not referencing, one of your many sayings. Your exuberant view on life was something we all strived for. We are forever grateful for the time you gave us. I know this is one loss that I don’t want to take. Rest in peace!
(TIZ) & Family

Our thoughts and prayers go out to Ron, Jim, Bill and Debbie.

Kelly Ostrowski

February 1, 2011

I worked for Everett for 8 years at Alpha Futures he was the greatest boss ever. I learned a great deal from him. The one thing he taught me is to always take care of those that take care of you and you'll never have any problems. He was one in a million and my thoughts and prayers go out to his family.
Kelly Kamradt Ostrowski

January 31, 2011

It was a privilege for me to have known Mr. Klipp for many years at the Chicago Board of Trade. He was truly a gentleman and one of the nicest people I've ever met. He will be fondly remembered by all who knew him at the CBOT. Paul Draths (formerly of the CBOT staff).

Jim Wolf

January 31, 2011

Mr. Klipp - one of the nicest and most generous men I've ever caddied for. Your frequently used quote "Just like on television" after a nice shot will be remembered by all of the OFCC caddies who looped for you.

Daniel Fisher

January 31, 2011

Mr. Klipp-good golfer,great man. Friend of the caddy. Generous supporter of the Chick Evans Scholarship foundation. Thank you for all you did. You will be missed.

Terry Krouskoupf

January 31, 2011

Our thoughts and prayers are with the family of Everett. He was certainly a pillar of St. John's Faith Church and will be missed. We rejoice in knowing that he is with his Lord and Savior.

Pastor Terry and Joyce Krouskoupf

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