Cotton On-Call Report

|                                Weekly Report No. 19
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  5/10/02
|
|                                 (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    |  5/10/02 |  Week
|-------------------------------------------------------------------------------
|May      '02          0        -56          0        -21          0       -13
|July     '02      4,720        514      4,357        139*    37,425    -1,822
|October  '02      1,556        -88        184        -38      1,488       198
|December '02      4,937         85      4,984        539     22,261       483
|March    '03      3,629        186        358         66      3,569       344
|May      '03      3,135         24         78        -17      2,298       209
|July     '03      4,395        342        403         11      1,022        15
|October  '03        921         78         33         33         60        -2
|December '03      1,019         33         42         42        302        41
|March    '04         20         20          5          0         93         0
|
|             ------------------------------------------------------------------
|   Totals:       24,332      1,138     10,444        754*    68,518      -547
|-------------------------------------------------------------------------------
|
|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 (646) 746-9775.
|
|Released after 3:00 p.m. Eastern Time
|5/16/02
|
|