Cotton On-Call Report

|                                Weekly Report No. 23
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  6/7/02
|
|                                 (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    |  6/7/02  |  Week
|-------------------------------------------------------------------------------
|July     '02      3,545       -531      3,368        173     22,946    -3,211
|October  '02      2,344        120        171        -28      2,757       291
|December '02      6,205        139      6,882         41     30,626     2,020
|March    '03      6,523      1,178        382        -26      4,358       185
|May      '03      5,303      1,016         90         -5      2,799       266
|July     '03      7,681      1,796        354          0      1,196        17
|October  '03      2,003        231         38          0         75         0
|December '03      1,962        442          0          0        477        27
|March    '04         20          0          5          0         93         0
|May      '04          0          0          0          0         12        12
|             ------------------------------------------------------------------
|   Totals:       35,586      4,391     11,290        155     65,339      -393
|-------------------------------------------------------------------------------
|
|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 (646) 746-9775.
|
|Released after 3:00 p.m. Eastern Time
|6/13/02
|
|