Obituary

Everett Klipp, 84, Babe Ruth and noted member of the Chicago Board of Trade since 1953, died January 28, at his daughter's 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 6 brothers and a 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 the planting and harvest seasons dictated. Mr. Klipp joined the Navy during World War II at the age of 17 and served in the Pacific Campaign. After the war he returned to Chicago to attend night school and got a job as a messenger at the Chicago Board of Trade. In 1946 he married his hometown sweetheart Elizabeth '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 the CBOT for John Morris and Co., bought his membership at the exchange in 1953 , and years later with a partner, opened Alpha Futures . Alpha became one of the largest local trade clearing firms at the CBOT. In addition to trading, and being a Director at the Exchange, Mr. Klipps legacy and renown grew from a philosophy of trading which he himself described as learning to ' Love to Lose' . His biography, trading style, and legend of mentoring new traders were featured in an article in the May 1999 issue 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, President of the Lions Club of Matteson Il., and is widely credited with being the inspiration and driving force behind development of the Third Airport of Chicago to be located on the southwest side of that city. Never one to self-aggrandize and always generous to others less fortunate Mr. Klipp would often, in speaking of his own life, only offer...'Shows what a boy can do'. For more information about his life and legacy please Google The Babe Ruth of the CBOT. Resting at the new Hirsch West End Chapel, 3501 W. Lincoln Hwy. (Route 30), Matteson, IL, where friends may call on Wednesday from 4 to 8 p.m. Lying in State Thursday at St. Johns Faith United Church of Christ, 21302 Maple, Matteson, IL., from 10 a.m. until time of Funeral Service at 11 a.m. Interment Elmwood Cemetery, Manteno, IL. For information or to express your thoughts or memories in the online guest book, 708-748-3800 or www.hirschfuneralhome.com or the family at LGKLP@yahoo.com. Service Information Cemetery Elmwood Cemetery Manteno, IL --> Visitation Thursday February 3, 2011 4:00 PM to 8:00 PM Hirsch West End Chapel 50 Westwood Drive Park Forest, IL 60466 --> Service Friday February 4, 2011 11:00 AM to TBD St. John's Faith United Church of Christ 21302 Maple Matteson, IL 60443 -->
To send flowers or plant a memorial tree in memory, please visit our flower store.

Guestbook

Visits: 1

This site is protected by reCAPTCHA and the
Google Privacy Policy and Terms of Service apply.

Service map data © OpenStreetMap contributors