Thursday's closing prices of New York cotton in US cents/lb.

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MONTHS   P/SETTLEMENT    OPEN    HIGH    LOW    SETTLEMENT    CHANGE

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OCT  04     50.24       49.50   50.45   48.20    48.40         -1.84

DEC  04     50.77       50.00   51.10   48.90    49.08         -1.69

MAR  05     51.95       51.10   52.50   50.52    50.54         -1.41

MAY  05     53.10       52.10   53.10   51.65    51.65         -1.45

JUL  05     54.02       53.00   54.15   52.50    52.60         -1.42

OCT  05     55.10       54.00     -       -      53.95         -1.15

DEC  05     55.75       55.00   55.00   54.90    54.25         -1.50

MAR  06     57.40       56.50     -       -      56.25         -1.15

MAY  06     58.95       56.50     -       -      57.25         -1.70

JULY 06     58.95       57.00     -       -      57.75         -1.20

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Copyright Reuters, 2004