Cotton On Call Report

|                                Weekly Report No. 27
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  7/6/01
|
|                                 (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    |  7/6/01  |  Week
|-------------------------------------------------------------------------------
|July     '01          0          0          0          0        307      -318
|October  '01      1,227         78*       842       -807*     3,764      -220
|December '01      6,842        358     13,021        400*    40,116       808
|March    '02     16,139        524      5,091         15      5,880       319
|May      '02     10,304      1,169      1,552      1,331      4,329       307
|July     '02     16,699      1,690        280         16      2,789       185
|October  '02      1,932        214        140          0        162         5
|December '02      1,473         63        192          0      2,057       106
|March    '03        158          0          0          0        120         0
|May      '03        297          4          0          0         18         0
|July     '03        216          0          0          0          0         0
|             ------------------------------------------------------------------
|   Totals:       55,287      4,100*    21,118        955*     59,542     1,192
|-------------------------------------------------------------------------------
|
|1/ Merchants with futures positions of 50 or more contracts in one future.
|
|* Changes from the previous week are based on revised data for last week.
|
|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
|7/12/01
|
|