SILVER - COMMODITY EXCHANGE INC.
FUTURES ONLY POSITIONS AS OF 01/18/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 TROY OUNCES)                     OPEN INTEREST:       98,962
COMMITMENTS
  42,288    9,642    6,253   20,620   74,229   69,161   90,124   29,801    8,838

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        773)
     118      590       21    1,197      295    1,336      906     -563     -133

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    42.7      9.7      6.3     20.8     75.0     69.9     91.1     30.1      8.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      158)
      96       16       30       22       36      125       77
 
 
COPPER-GRADE #1 - COMMODITY EXCHANGE INC.
FUTURES ONLY POSITIONS AS OF 01/18/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 25,000 POUNDS)                         OPEN INTEREST:       81,248
COMMITMENTS
  23,417    5,836   10,604   34,140   57,434   68,161   73,874   13,087    7,374

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        -11)
     229      720       58     -675   -1,651     -388     -873      377      862

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    28.8      7.2     13.1     42.0     70.7     83.9     90.9     16.1      9.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      134)
      50       32       22       37       40      103       82
 
 
GOLD - COMMODITY EXCHANGE INC.
FUTURES ONLY POSITIONS AS OF 01/18/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:      275,630
COMMITMENTS
 107,825   78,259   20,038   93,319  156,259  221,182  254,556   54,448   21,074

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        169)
  -1,672    5,549      868   -1,114   -8,521   -1,918   -2,104    2,087    2,273

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    39.1     28.4      7.3     33.9     56.7     80.2     92.4     19.8      7.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      216)
     108       50       39       39       35      174      105
 

Updated January 21, 2005