Cotton On Call Report

|                                Weekly Report No. 18
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  5/4/01
|
|                                 (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    |  5/4/01  |  Week
|-------------------------------------------------------------------------------
|May      '01          0        -18          0       -133         15      -203
|July     '01      6,310       -435*     7,684        500*    34,671      -310
|October  '01      2,261         24*       557        -14      1,430        24
|December '01      7,264        382*     7,215      1,206*    20,364       -85
|March    '02     16,825        742      5,030          0*     3,146       150
|May      '02      8,540        479*        16          0*     2,562       107
|July     '02     14,460      1,662*       153          0*     1,244        54
|October  '02      1,316         20          0          0        155         0
|December '02        701          2        142          0      1,852        60
|March    '03         72          0          0          0         45         0
|May      '03        142          0          0          0          0         0
|July     '03         78       -138          0          0          0         0
|             ------------------------------------------------------------------
|   Totals:       57,969      2,720*    20,797      1,559*    65,484      -203
|-------------------------------------------------------------------------------
|
|1/ Merchants with futures positions of 50 or more contracts in one future.
|
|*  Changes from previous week are based on revised data for last week.
|
|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
|5/10/01
|
|