Cotton On-Call Report

|                                Weekly Report No. 34
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  8/24/01
|
|                                 (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    |  8/24/01 |  Week
|-------------------------------------------------------------------------------
|October  '01      1,017        103      1,104       -150      3,773       -78
|December '01      8,344       -132     17,005         82     42,808       154
|March    '02     19,244       -200      9,313          0      7,822        66
|May      '02     11,228         82      2,799         -1      4,935        51
|July     '02     17,615       -100        624          0      3,773       197
|October  '02      2,022         14        140          0        200         5
|December '02      2,117         72        144          0      2,843       149
|March    '03        461        -17          0          0        162         0
|May      '03        509          0          0          0        216         0
|July     '03        662          0          0          0         39        19
|December '03         80          0          0          0          0         0
|             ------------------------------------------------------------------
|   Totals:       63,299       -178     31,129        -69     66,571       563
|-------------------------------------------------------------------------------
|
|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
|8/30/01
|
|