Cotton On Call Report

|                                Weekly Report No. 8
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  2/23/01
|
|                                 (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    |  2/23/01 |  Week
|-------------------------------------------------------------------------------
|March    '01         57       -886        500     -1,392      1,323    -8,067
|May      '01      3,967     -1,285      8,044        950     35,570     2,478
|July     '01     13,853     -1,297      2,925         70     15,162     1,609
|October  '01      1,377       -161        457        -17        931       -11
|December '01      4,924        473      1,964        103     12,677       274
|March    '02     11,198        584      5,000        -15      1,252         4
|May      '02      4,092        315         15         15        872       109
|July     '02      6,779        440          0          0      1,058        56
|October  '02        747        134          0          0         12         7
|December '02        263         24        142          0        215       191
|March    '03         23         23          0          0          0         0
|May      '03         15         15          0          0          0         0
|July     '03         30         30          0          0          0         0
|             ------------------------------------------------------------------
|   Totals:       47,325     -1,591     19,047       -286     69,072    -3,350
|-------------------------------------------------------------------------------
|
|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 (212) 488-1311.
|
|Released after 3:00 p.m. Eastern Time
|3/1/01
|
|