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. 16
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  4/19/02
|
|                                 (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    |  4/19/02 |  Week
|-------------------------------------------------------------------------------
|May      '02        514     -1,046      1,232       -321      4,701    -5,721
|July     '02      6,892       -861      3,820      1,499     34,959     6,849
|October  '02      2,008       -548        218       -229        855        51
|December '02      4,520        554      4,016         72     19,898     2,763
|March    '03      2,908       -194        244        158      2,098       269
|May      '03      2,422        144         95          0      1,572       129
|July     '03      2,524       -183        390          0        847        66
|October  '03        827        110          0          0         41         3
|December '03        603         -8          0          0        256        85
|March    '04          0          0          0          0         93        68
|             ------------------------------------------------------------------
|   Totals:       23,218     -2,032     10,015      1,179     65,320     4,562
|-------------------------------------------------------------------------------
|
|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.
|Effective on Monday, April 29, 2002, 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
|4/25/02
|
|