SILVER - COMMODITY EXCHANGE INC.                                                                              
Commitments of Traders with Delta-adjusted Options and Futures Combined, July 12, 2005                   
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 TROY OUNCES)                                           :
     :          :                                                                            :
All  :   141,034:    42,047     19,245     21,020     40,204     85,841    103,271    126,106:    37,763     14,928
Old  :   141,034:    42,047     19,245     21,020     40,204     85,841    103,271    126,106:    37,763     14,928
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: July 5, 2005                         :
     :        80:    -1,245        557        306      1,927     -1,244        988       -381:      -908        461
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      29.8       13.6       14.9       28.5       60.9       73.2       89.4:      26.8       10.6
Old  :     100.0:      29.8       13.6       14.9       28.5       60.9       73.2       89.4:      26.8       10.6
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       175:        94         37         50         27         36        143        103:
Old  :       175:        94         37         50         27         36        143        103:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 23.8       29.5       32.8       46.7       12.8       22.8       18.1       35.5
Old  :                 23.8       29.5       32.8       46.7       12.8       22.8       18.1       35.5
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
COPPER-GRADE #1 - COMMODITY EXCHANGE INC.                                                                     
Commitments of Traders with Delta-adjusted Options and Futures Combined, July 12, 2005                   
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 25,000 POUNDS)                                               :
     :          :                                                                            :
All  :   110,707:    36,873     20,818     19,340     39,363     56,517     95,575     96,674:    15,132     14,033
Old  :   110,707:    36,873     20,818     19,340     39,363     56,517     95,575     96,674:    15,132     14,033
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: July 5, 2005                         :
     :     4,306:     3,427      1,458      1,082       -681      1,641      3,828      4,180:       478        125
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      33.3       18.8       17.5       35.6       51.1       86.3       87.3:      13.7       12.7
Old  :     100.0:      33.3       18.8       17.5       35.6       51.1       86.3       87.3:      13.7       12.7
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       188:        69         57         51         45         41        144        128:
Old  :       188:        69         57         51         45         41        144        128:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 22.5       34.2       34.2       47.2       22.3       30.4       32.4       43.3
Old  :                 22.5       34.2       34.2       47.2       22.3       30.4       32.4       43.3
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
GOLD - COMMODITY EXCHANGE INC.                                                                                
Commitments of Traders with Delta-adjusted Options and Futures Combined, July 12, 2005                   
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 100 TROY OUNCES)                                             :
     :          :                                                                            :
All  :   329,400:   124,657     47,526     56,355     84,726    202,309    265,738    306,190:    63,662     23,209
Old  :   329,400:   124,657     47,526     56,355     84,726    202,309    265,738    306,190:    63,662     23,209
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: July 5, 2005                         :
     :   -13,685:   -23,682      8,147       -734     10,022    -19,554    -14,394    -12,141:       710     -1,543
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      37.8       14.4       17.1       25.7       61.4       80.7       93.0:      19.3        7.0
Old  :     100.0:      37.8       14.4       17.1       25.7       61.4       80.7       93.0:      19.3        7.0
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       257:       144         51         62         43         46        211        140:
Old  :       257:       144         51         62         43         46        211        140:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 21.4       32.9       30.9       50.8       17.7       30.0       22.1       42.3
Old  :                 21.4       32.9       30.9       50.8       17.7       30.0       22.1       42.3
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
 

Updated July 15, 2005