Cotton On-Call Report

|                                Weekly Report No. 45
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  11/8/02
|
|                                 (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    |  11/8/02 |  Week
|-------------------------------------------------------------------------------
|December '02      4,435        -36      4,782     -1,318     44,113     3,374
|March    '03      9,272        156      1,053        -62     21,684     6,224
|May      '03      9,140        201      2,197        -24     14,131     1,514
|July     '03     14,847        250        670        -45      5,219       341
|October  '03      3,449        221         82          0        222        15
|December '03      3,260        120         45          8      2,566       477
|March    '04        333         35          9          9        168        16
|May      '04        132          8          0          0        239        89
|July     '04        153          9          0          0        207         5
|
|             ------------------------------------------------------------------
|   Totals:       45,021        964      8,838     -1,432     88,549    12,055
|-------------------------------------------------------------------------------
|
|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
|11/14/02
|
|