Cotton On-Call Report

**Weekly Report 4**

"On call" positions in spot cotton based on New York Cotton futures
reported by merchants in special account status¹ as of 01/23/2004

**(In Contracts)**
Futures Based On:	Call Cotton Based New York				Open Futures Contracts New York Board of Trade
Futures Based On:	Unfixed Call Sales	Change From Previous Week	Unfixed Call Purchases	Change From Previous Week	At Close 01/23/2004	Change From Previous Week
March 2004	10,161	-152	5,895	-86	64,222	2,724
May 2004	7,982	41	829	-29	19,794	3,382
July 2004	16,861	146	301	12	7,594	337
October 2004	2,149	-45	1,036	49	419	-7
December 2004	3,545	284	2,867	81	5,813	264
March 2005	2,490	303	8	0	823	4
May 2005	1,395	725	79	0	219	0
July 2005	2,198	204	0	0	209	0
December 2005	1,345	13	0	0	109	1
March 2006	74	0	0	0	0	0
May 2006	112	0	0	0	0	0
July 2006	119	0	0	0	0	0
Totals	48,431	1,519	11,015	27	99,202	6,705
¹ Merchants with futures positions of 50 or more contracts in one future. This report is published by the Commission's Division of Market Oversight. 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 1/29/2004