Notice No. 00-401
November 20, 2000


TO:
ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS
ALL COMEX DIVISION MEMBERS AND MEMBER FIRMS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: Approved Amendments to the COMEX Silver Futures Contract to Add 
Brink,s Inc. and Delaware Depository Service Company, LLC as Exchange 
Licensed Depositories.


The Exchange has received approval from the Commodity Futures Trading 
Commission to amend Supplement No. 2, "Licensed Depositories and Weighmasters 
for Silver" of the COMEX Silver Futures Contract. The purpose of the approved 
amendment is to add Brink,s Inc.,s vault facility located at 652 Kent Avenue, 
Brooklyn, NY and Delaware Depository Service Company, LLC,s vault facilities 
located at 3601 North Market Street and 4200 Governor Printz Boulevard, 
Wilmington, DE as Exchange Licensed Depositories for the storage of silver 
deliverable against the Exchange,s COMEX Division Silver Futures Contract.

Effective Thursday, February 1, 2001, Brink,s Inc. in Brooklyn, New York and 
Delaware Depository Service Company, LLC in Wilmington, Delaware will become 
eligible as Licensed Depositories for the storage and delivery of silver 
against the COMEX Silver Futures Contract.

In order to provide the market with relevant data pertaining to both Brink,s 
and Delaware Depository Service Company,s silver stock figures, the Exchange 
will report historical stock figures for both companies on November 27, 
2000.  The Exchange will then report the stock figures as of November 30th, 
December 15th, December 29th 2000 and January 16th 2001 in a separate report 
from the daily metal warehouse statistics.  Effective February 1, 2001, the 
Exchange will begin reporting the eligible and registered silver stocks in 
the daily metal warehouse statistics for both companies.

Eligible and Registered Silver

The eligible silver stocks at both companies and that of the daily metal 
warehouse statistics are limited to silver bars that meet the Exchange,s 
criteria for delivery.  This criteria specifies that a silver bar must weigh 
1,000 troy ounces, plus or minus 10% and be on the Exchange,s Official List 
of Approved Refiners and Brands for silver.  The eligible stocks denoted 
here, and in the daily warehouse statistics, do not include such items as 100 
troy ounce silver bars or silver coins.

Specifically, eligible metal is not the same as registered metal.  Registered 
metal is defined as metal which meets the standards for delivery as stated in 
the COMEX Rules and for which a COMEX Depository Receipt (Warrant) has been 
issued.  Eligible metal is defined as metal which meets the standards for 
delivery as stated in the COMEX Rules and for which no COMEX Depository 
Receipt (Warrant) has been issued.

In order for eligible metal to become registered metal, the owner of the 
metal must have an Exchange Licensed Depository issue a Depository Receipt 
(Warrant) on those silver bars meeting Exchange standards comprising 5,000 
troy ounces (plus or minus 6%) stored at its facility.

A copy of the approved amendments is attached. Capital letters indicate 
additions, bracketing [ ] indicates deletions.

Should you have any questions regarding the above, please contact Albert J. 
Getz at 212-299-2608.
  Silver Supplement
No. 2
Approved Rule Amendments
Capital letters indicate additions; [ ] indicate deletions.

COMMODITY EXCHANGE, INC.
LICENSED DEPOSITORIES AND WEIGHMASTERS FOR SILVER

New York

Depository:
ScotiaMocatta Depository,
A Division of The Bank of Nova Scotia
 4 World Trade Center
 New York, NY 10048
 Orders:  (212) 912-8530

Facilities:
4 World Trade Center
New York, NY

Computer Code:
3002





Depository:
HSBC Bank USA
1 West 39th Street, SC 2 Level
New York, NY 10018
Orders:  (212) 525-6439

Facilities:
1 West 39th Street, SC 2 Level
New York, NY

Computer Code:
5001







DEPOSITORY:
BRINK,S INCORPORATED
SUITE 400
580 5th AVENUE
NEW YORK, NEW YORK 10036
ORDERS:  (718) 260-2200

FACILITIES:
652 KENT AVENUE
BROOKLYN, NEW YORK

COMPUTER CODE:
4001





DELAWARE

DEPOSITORY:
DELAWARE DEPOSITORY SERVICE COMPANY, LLC
3601 NORTH MARKET STREET
WILMINGTON, DELAWARE 19802
ORDERS: (302) 765 )3884

FACILITY:
3601 NORTH MARKET STREET
WILMINGTON, DELAWARE
COMPUTER CODE: 6001

4200 GOVERNOR PRINTZ BLVD.
WILMINGTON, DELAWARE
COMPUTER CODE: 6002




Additional Licensed Weighmasters For Silver

International Testing Laboratories, Inc.
578-582 Market Street
Newark, NJ  07105
Orders:  (201) 589-4772

Ledoux & Company
359 Alfred Avenue
Teaneck, NJ 07666
Orders:  NJ (201) 837-7160


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