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To: H James Morris who wrote (29)	5/10/2000 8:19:00 PM
From: Mark Fowler	Respond to of 57684

Yeh right not one of my favorites James at least not at that price, however i still holding 500 shrs, i bought at $26 each.

To: H James Morris who wrote (29)	5/10/2000 11:51:00 PM
From: gladman	Respond to of 57684

Did you know Kis is a hillbilly from NC, I wonder if likes them wet or dry rubbed?

To: H James Morris who wrote (29)	5/24/2001 1:18:28 PM
From: craig crawford	Respond to of 57684

Updated Thu May 24 11:40 ET NY Cotton: Mixed; new contract lows amid consolidation trade By Myrle Croasdale Chicago, May 24 (BridgeNews) - New York Cotton Exchange cotton futures were mixed early. Jly set another new 15-year low and Dec set a fresh contract low as bearish technical signals triggered fund selling. A strong U.S. dollar, a downturn in the new-crop Cotton Outlook A Index and mostly favorable U.S. weather added to session pressure. Solid U.S. export sales and strong weekly shipments lent minor support. Overall, traders said the market was still in consolidation mode after making repeated contract lows this week. * * * Jly set its fourth 15-year low out of the five past session, after tracking sideways Wednesday. "New fund short positions are putting pressure on the market," an analyst said, adding that there is little reason for existing shorts to cover except to bank profits ahead of the three-day weekend. Traders said funds could be as short 35% to 36% of open interest. Open interest rose 1,154 contracts Wednesday, with Jly and Dec seeing the largest gains. (Story .3627) Funds were light sellers early, floor sources said, with bearish options trading keeping pressure on the market. One trader said 250 Dec 47.00-cent-per-pound puts were bought while 500 Dec 51.00c calls were sold, with 300 to 500 outright Dec futures sold to offset the options trade. The trade was the most active buyer at midmorning. The U.S. dollar was down slightly after the front futures contract set a contract high Wednesday. Traders said persistent strength in the dollar made it difficult for the U.S. to market its cotton overseas. It also keeps overseas textile imports inexpensive, which has had significant negative repercussions for U.S. domestic use. The A Index for 2000-01 was unchanged at 49.05 cents per pound, though the 2001-02 A Index fell 40 points to 49.10c. (Story .3641) Traders noted California/Arizona cotton had become the sixth-cheapest growth worldwide for 2000-01, just one position from being included in the A Index average. Georgia is still in need of rain, with Valdosta in the state's southwest cotton country reporting only 0.01 inch of accumulated rain for the month of May. (Story .3808) Weekend rains are seen light and are not expected to improve soil moisture conditions, though cool temperatures will slow evaporation. However, longer-range forecasts continue to call for rain in Georgia, and North Carolina and the Delta states have seen enough rain to sustain the crop for the near term, which has greatly reduced dryness concerns. The U.S. Department of Agriculture reported weekly upland cotton sales for 2000-01 of 60,000 running bales, with 2001-02 sales at 63,500. Weekly shipments for upland and pima cotton combined were 173,900 bales, which traders said were quite strong. "We're in excess of 1 million bales on the books, which should keep shipments higher than usual this summer," a trader said of big commitments and the increased pace of shipments in a period that generally sees shipments tapering off.