Notice No. 325
September 12, 2000


TO:
ALL MEMBER FIRMS
ALL NYMEX CLEARING MEMBERS
ALL NYMEX OPERATIONS MANAGERS

FROM: Neal Wolkoff

RE: Position Limits for Mid-Columbia Electricity Futures Contract
______________________________________________________________________________

The position limits for the Mid-Columbia Electricity Futures Contract is as 
follows:

Futures
Current Delivery Month: 350
Any One Month: 3,500
All Months: 5,000
Gross Long or Short: 20,000

Pursuant to Rule 9.26 (All Months/Any One Month Position Limits), all 
position limits other than the Gross limits on futures alone are calculated 
on a net basis.  For the purpose of Rule 9.27 (Expiration Month Position 
Limits), the Expiration Month Position Limits are effective during the last 
three trading days of an expiring contract.  The Expiration Month Position 
Limit is calculated on a net basis.

If you have any questions, please contact Nicholas Galati, Associate Director 
of Market Surveillance, at (212)299-2920, or Bonnie H. Yurga, Supervisor of 
Market Surveillance, at (212)299-2879.


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