Cotton On-Call Report

|                                Weekly Report No. 24
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  6/14/02
|
|                                 (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    |  6/14/02 |  Week
|-------------------------------------------------------------------------------
|July     '02      2,392     -1,153      2,852       -516     13,483    -9,463
|October  '02      2,232       -112        167         -4      3,150       393
|December '02      6,172        -33      6,868        -14     37,405     6,779
|March    '03      7,838      1,315        382          0      4,758       400
|May      '03      6,346      1,043         90          0      2,967       168
|July     '03      9,639      1,958        354          0      1,298       102
|October  '03      2,114        111         38          0         75         0
|December '03      2,455        493          0          0        473        -4
|March    '04         20          0          5          0         93         0
|May      '04          0          0          0          0         12         0
|             ------------------------------------------------------------------
|   Totals:       39,208      3,622     10,756       -534     63,714    -1,625
|-------------------------------------------------------------------------------
|
|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 (646) 746-9775.
|
|Released after 3:00 p.m. Eastern Time
|6/20/02
|
|