Cotton On-Call Report

|                                Weekly Report No. 44
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  11/1/02
|
|                                 (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    |  11/1/02 |  Week
|-------------------------------------------------------------------------------
|December '02      4,471       -610      6,100       -775     40,739      -715
|March    '03      9,116         11      1,115         63     15,460     3,331
|May      '03      8,939        -20      2,221        -49     12,617       619
|July     '03     14,597         14        715         -2      4,878       199
|October  '03      3,228         23         82          0        207         0
|December '03      3,140         12         37          0      2,089       337
|March    '04        298          0          0         -4        152        49
|May      '04        124          0          0          0        150         5
|July     '04        144          0          0          0        202       170
|             ------------------------------------------------------------------
|   Totals:       44,057       -570     10,270       -767     76,494     3,995
|-------------------------------------------------------------------------------
|
|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
|11/7/02
|
|