Cotton On-Call Report

|                                Weekly Report No. 5
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  2/2/01
|
|                                 (In Contracts)
|
|-------------------------------------------------------------------------------
|            |                                           |    Open Futures
|            |        Call Cotton Based New York         | Contracts - New York
|            |                                           |   Cotton Exchange
|Futures     |-------------------------------------------|----------------------
|            |  Unfixed |  Change  |  Unfixed |  Change  |  At      |  Change
|Based       |  Call    |  From    |  Call    |  From    |  Close   |  From
|            |  Sales   |  Prev.   |  Purchs. |  Prev.   |          |  Prev.
|On:         |          |  Week    |          |  Week    |  2/2/01  |  Week
|-------------------------------------------------------------------------------
|March    '01      2,108        -11      3,173     -1,689     29,097    -2,729
|May      '01      6,764       -110      6,208      1,291     20,816     2,906
|July     '01     16,222       -848      2,662        229     11,353     1,007
|October  '01      1,518        -23        445         57      1,106        22
|December '01      3,684        407      1,636          9     10,978       171
|March    '02      9,226        555      5,000          0        915       231
|May      '02      3,322        378         15         15        397       133
|July     '02      5,062        580          0          0        301        10
|October  '02        224          0          0          0          5         0
|December '02        186        159        142          0         14         0
|             ------------------------------------------------------------------
|   Totals:       48,316      1,087     19,281        -88     74,982     1,751
|-------------------------------------------------------------------------------
|
|1/ Merchants with futures positions of 50 or more contracts in one future.
|
|This report is published by the Commission's Division of Economic Analysis.
|If you have any questions concerning this report, call Vincent G. Varisano,
|Industry Economist, Eastern Region at (212) 488-1311.
|
|Released after 3:00 p.m. Eastern Time
|2/8/01
|
|