Cotton On-Call Report

CFTC Form 304 Reports for the week ending November 30, 2001 should be faxed to (202) 418-5527 by the close of business on Tuesday, December 4, 2001.

|                                Weekly Report No. 47
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  11/23/01
|
|                                 (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    |  11/23/01|  Week
|-------------------------------------------------------------------------------
|December '01        200     -1,052        280     -3,766      2,121   -10,162
|March    '02     14,777        311     11,151      1,777     30,158     5,044
|May      '02      8,282         71      3,307        342      7,268       330
|July     '02     14,403        -92      1,696        178      7,319        -8
|October  '02      2,019        -27        151          0        339       -17
|December '02      2,405        141        324         27      4,842       238
|March    '03      1,016          0          0          0        590        10
|May      '03        710          0         42         13        377         5
|July     '03        927          0         50         -1        258        10
|October  '03         70          0          0          0         10         0
|December '03         80          0          0          0          0         0
|             ------------------------------------------------------------------
|   Totals:       44,889       -648     17,001     -1,430     53,282    -4,550
|-------------------------------------------------------------------------------
|
|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 (917) 225-7817.
|
|Released after 3:00 p.m. Eastern Time
|11/29/01
|
|