SILVER - COMMODITY EXCHANGE INC.
FUTURES ONLY POSITIONS AS OF 01/04/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 TROY OUNCES)                     OPEN INTEREST:       96,882
COMMITMENTS
  43,147    4,797    4,887   18,843   77,637   66,877   87,321   30,005    9,561

CHANGES FROM 12/28/04 (CHANGE IN OPEN INTEREST:     -2,384)
     829      185      -56   -2,197   -4,647   -1,424   -4,518     -960    2,134

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    44.5      5.0      5.0     19.4     80.1     69.0     90.1     31.0      9.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      153)
      97       13       27       20       34      123       70
 
 
COPPER-GRADE #1 - COMMODITY EXCHANGE INC.
FUTURES ONLY POSITIONS AS OF 01/04/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 25,000 POUNDS)                         OPEN INTEREST:       87,161
COMMITMENTS
  26,545    6,281   11,211   35,911   62,023   73,667   79,515   13,494    7,646

CHANGES FROM 12/28/04 (CHANGE IN OPEN INTEREST:     -6,069)
  -6,736     -477      302    1,325   -6,163   -5,109   -6,338     -960      269

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    30.5      7.2     12.9     41.2     71.2     84.5     91.2     15.5      8.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      132)
      56       28       23       34       39      102       79
 
 
GOLD - COMMODITY EXCHANGE INC.
FUTURES ONLY POSITIONS AS OF 01/04/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:      302,298
COMMITMENTS
 140,471   67,228   16,838   89,301  195,043  246,610  279,109   55,688   23,189

CHANGES FROM 12/28/04 (CHANGE IN OPEN INTEREST:    -28,667)
 -29,043   -3,533   -2,287    3,794  -27,959  -27,536  -33,779   -1,131    5,112

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    46.5     22.2      5.6     29.5     64.5     81.6     92.3     18.4      7.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      221)
     118       46       38       35       39      176      104
 

Updated January 7, 2005