Cotton On-Call Report

CFTC Form 304 Reports for the week ending April 26, 2002 should be faxed to (646)746-9941 by the close of business on Tuesday, April 30, 2002. Please do not fax Reports to either office on April 25 and 26.

|                                Weekly Report No. 15
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  4/12/02
|
|                                 (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    |  4/12/02 |  Week
|-------------------------------------------------------------------------------
|May      '02      1,560     -2,079      1,553     -2,453     10,422    -8,805
|July     '02      7,753     -1,311      2,321       -806     28,110     5,611
|October  '02      2,556        163        447        256        804        64
|December '02      3,966         47      3,944       -293     17,135       244
|March    '03      3,102        237         86          0      1,829        22
|May      '03      2,278        370         95          1      1,443       117
|July     '03      2,707        327        390          2        781         1
|October  '03        717        247          0          0         38         0
|December '03        611        110          0          0        171         0
|March    '04          0          0          0          0         25         0
|             ------------------------------------------------------------------
|   Totals:       25,250     -1,889      8,836     -3,293     60,758    -2,746
|-------------------------------------------------------------------------------
|
|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 (201) 234-6922.
|
|Released after 3:00 p.m. Eastern Time
|4/18/02
|
|