I. AMENDMENTS

The proposed amendments are attached.

Proposed Amendments. Underlining indicates additions; Strike through indicates

deletions.

Copper Supplement

COMMODITY EXCHANGE, INC.

LICENSED WAREHOUSES FOR COPPER

CAMDEN, NEW JERSEY

FACILITIES

COMPUTER CODE

South Jersey Port Corporation----------------------

P.O. Box 129
Camden, NJ 08101
(Orders: (856)-757-4983)

BALTIMORE, MARYLAND

Edgemere Terminals, Inc.----

8004 Stansbury Road
Baltimore, Md. 21222
(Orders: (410) 282-4420)

Locust Industries Limited-------------------------------

4747 Hollins Ferry Road
Baltimore, Md. 21227
(Orders: (410) 247-9520)

Madison Warehouse Corporation------------------

7330 Carbide Road
Baltimore, Md. 21226
(Orders: (410) 360-2300)

C. Steinweg (Baltimore) Inc.

Second & Beckett Streets
Camden, NJ

8004 Stansbury Road
Baltimore, Md.

4747 Hollins Ferry Road
Baltimore, Md.

7330 Carbide Road
Baltimore, Md.

1201 Wallace St.

2602

3402

3606

3204

3502

No. 2

1201 Wallace St.

Shed #7

Baltimore, Md. 21230

Baltimore, Md.

Orders: (410) 752-8254)


il. © EXCHANGE ACTION

The proposed amendments were approved by the NYMEX Board of Directors at a regularly
scheduled meeting. No anti-competitive effects are anticipated or are apparent. There were no
substantive opposing views concerning these amendments.

As the proposed amendments adding C. Steinweg (Baltimore) Inc. as an Exchange Licensed
Warehouse and Weighmaster for the COMEX Division Grade 1 Copper Futures Contract affects
a “Special Matter” under the COMEX By-Laws, notice was provided to the owners of COMEX
Division Memberships who were provided with 10 days to submit a petition signed by owners of
155 COMEX Division Memberships requesting a vote of the COMEX Division to disapprove
the amendments, pursuant to the procedures set forth under COMEX By-Law 205(D). No
petitions were received.

While there are open positions in, the Copper Futures Contract these amendments will not have
an economic impact on positions or prices in the market.

The Exchange intends to implement the proposed amendments the latter of (1) the day after it
receives notification of Commission approval or notification that such approval is not necessary
or (2) the satisfaction of the condition precedent discussed above.

Notification of the proposed amendment to add Steinweg as an Exchange Licensed Warehouse
and Weighmaster for Copper pursuant to COMEX By-Law 205(D), the Membership was
informed in a Notice to Membership dated September 15, 2006 (Notice No. 06-497), that the
Exchange intends to amend Supplement No. 2, “Licensed Warehouses for Copper” and
Supplement No. 3, “Licensed Weighmasters for Copper” by adding C. Steinweg (Baltimore) Inc.
as an Exchange Licensed Warehouse and Weighmaster for Copper as discussed above, pending
notification from the Commission and completion of the Condition Precedent.


COMMODITY EXCHANGE, INC.
LICENSED WAREHOUSES FOR COPPER

PAGE 3
FACILITIES COMPUTER CODE
TUCSON, ARIZONA
Arizona Commodity Storage , Inc.---- 601 East 24th Street 5502
2724 Meadow Creek Court Tucson, Arizona
Park City, Utah 84060 850 East Teton 5506
(Orders: (435) 649-3333) Tucson, Arizona

2004 S. Euclid Avenue 5508
Tucson, Arizona

Southwest Commodity Warehouses, Inc.---------- 4619 North Highway Drive 5902
P.O. Box 78450 Tucson, Arizona
Tucson, Arizona 85703-8450 1702 S. Euclid 5904
(Orders: (520) 887-3606) Tucson, Arizona
1 Jacobus Road 6202

San Manuel, Arizona

SALT LAKE CITY, UTAH

Utah Commodity Storage, Inc.---------------------- _ Building 661 5708
2724 Meadow Creek Court 1730 West I Avenue
Park City, Utah 84060 Tooele, Utah
(Orders: (435) 649-3333)
Building 670 5710
210 North Loadstone Way

Tooele, Utah


NEW ORLEANS, LOUISIANA

Hayes/Dockside, Inc.---------------------------—-. --- 7200 North Peters Street 5206
P.O. Box 53315 Arabi, La.
New Orleans, La. 70153 6025 River Road 5210
(Orders: (504) 897-5020) Marrero, La.

COMMODITY EXCHANGE, INC
LICENSED WAREHOUSES FOR COPPER

PAGE 2
FACILITIES COMPUTER CODE
TOLEDO, OHIO
MetalStore LLC-------------------------------------- 3332 St. Lawrence Drive 8101
3332 St. Lawrence Drive Toledo, Ohio
Toledo, Ohio 43605
(Orders: (419) 698-3441)
PANAMA CITY, FLORIDA
Panama City Port Authority ------------------------ 5321 West Highway 98 9101
5321 West Highway 98 Panama City, Florida
Panama City, Florida
(Orders: (850) 767-3220)
AMARILLO, TEXAS
Dalby Moving & Storage Co., Inc.------ 415 North Grand Avenue 5606
P.O. Box 78450 Amarillo, Texas
Tucson, Arizona 85703
(Orders: (520) 887-3606)
EL PASO, TEXAS
El Paso Terminal Warehouse, Inc.------------------ 5850 Welch Avenue, #1 5804
P.O. Box 9248 El Paso, Texas
El Paso, Texas 79983 5850 Welch Avenue, #2 5806

(Orders: (915) 772-2758) El Paso, Texas


Proposed Amendments. Underlining indicates additions; Strike through indicates
deletions.

COMMODITY EXCHANGE, INC.
LICENSED WEIGHMASTERS FOR COPPER
PAGE 2

R. MARKEY & SONS, INC.
5 Hanover Square, 12th Floor
New York, N.Y. 10004
(Orders: (212) 482-8600)

SGS North America Inc.
Mineral Services Division
Suite 210-B
1919 S. Highland Avenue
Lombard, Illinois 60148
( Orders: (630) 953-9300 )

ALEX STEWART (ASSAYERS) INC.
472 Westfield Avenue
Clark, New Jersey 07066
(Orders: (732) 827-0656)

U.S. COMMODITY SERVICES
1610 North 9" Street
Tacoma, Wash. 98403
(Orders: (253) 272-1402)

J.W. WISNER INC.
7670 East Broadway
Suite 105
Tucson, Arizona 85710
(Orders: (520) 296-3666)

ERSA GLOBAL USA, Ine.
Suite 707, 16607 Blanco Road
San Antonio, TX 78232
(Orders: (210) 826-3302)

SOUTHWEST COMMODITY WAREHOUSES, INC.
P.O. Box 78450
Tucson, Arizona 857
4619 North Highway Drive
Tucson, Arizona 85705
(Orders: (520) 887-3606)


sé NYMEX

NEW YORK MERCANTILE EXCHANGE

September 29, 2006

Office of the Secretariat

Commodity Futures Trading Commission
Three Lafayette Centre

1155 21st Street, NW

Washington, DC 20581

BY E-MAIL

SUBJECT: Request for Commission Rule Approval: Proposed Amendment to include C.
Steinweg (Baltimore) Inc. in Supplement No. 2, “Licensed Warehouses for
Copper” and Supplement No. 3, “Licensed Weighmasters for Copper” of the
Grade 1 Copper Futures Contract. Submission No. 06-111.

Dear Ms. Webb:

Pursuant to Section 5c(c)(2) of the Commodity Exchange Act (the “Act”) and CFTC Rule 40.5
(“Voluntary Submission of Rules for Commission Review and Approval”), the New York
Mercantile Exchange Inc. (“NYMEX” or the “Exchange”) hereby requests on a voluntary basis
CFTC approval for proposed amendments to Supplement No. 2, “Licensed Warehouses for
Copper” and Supplement No. 3, “Licensed Weighmasters for Copper” of the Grade 1 Copper
Futures Contract.

The proposed amendments and a complete explanation of their operation, purpose and effect are
attached hereto.

If you have any questions concerning this submission, please contact the undersigned at 212-
299-2390, Jay Gottlieb at 212-299-2607, jgottlieb@nymex.com, or James Zeng at 212-299-2612,
jzeng@nymex.com.

Sincerely,

Robert A. Levin
Senior Vice President

New York Mercantile Exchange, Ine
World Financial Center
One North End Avenue
New York, NY 10282-1101 The New York Mercantile Exchange, Inc. offers trading in crude oil, heating oil, unleaded gasoline, natural gas,
(212) 299-2000 electricity, coal, propane, freight rates, cmissions, gold, silvcr, platinum, palladium, copper, and aluminum.


Proposed Amendments. Underlining indicates additions; Strike through indicates
deletions. Copper Supplement
No, 3
COMMODITY EXCHANGE, INC.

LICENSED WEIGHMASTERS FOR COPPER

ALMETCO, INC.
P.O. Box 85
Nocona, Texas 76255
(Orders: (940) 825-6975)

INSPECTION SERVICES INC.
3342 S. Hunter Farm Way
West Valley City, Utah 84128
( Orders: (801) 205-9066)

INSPECTORATE GRIFFITH U.S.A., INC.
5050 Timbercreek
Houston, Texas 77017
(Orders:(713) 944-2000)

LAUCKS TESTING LABORATORIES, INC.
940 South Harney Street
Seattle, Wash. 98101
(Orders: (206) 767-5060)

LEDOUX & COMPANY
359 Alfred Avenue
Teaneck, N.J. 07666

(Orders: (201) 837-7160)

METALSTORE LLC
3332 St. Lawrence Drive
Toledo, Ohio 43605
(Orders: (419) 698-3441)

C. STEINWEG (BALTIMORE) INC
1201 Wallace Street
Baltimore, MD 21230
(Orders: (410) 752-8254)

PANAMA CITY PORT AUTHORITY
5321 West Highway 98
Panama City, Florida
(Orders: (850) 767-3220)



C. INSURANCE

Steinweg indicated that it will participate in the insurance program arranged by the Exchange
through Marsh USA. This program provides insurance coverage up to $225 million for any one
warehouse and/or location. The warehouse pays the insurance premiums based on the value at
tisk at the end of each month directly to Marsh USA.

D. CONDITIONS PRECEDENT
Conditions precedent to the effective date of Steinweg becoming an Exchange Licensed

Warehouse are the execution of legal documentation, a Delivery Point Agreement, acceptable to
the Exchange.


bundles of cathodes (approximately about 10 to 12.5 tons per sq meter) together. The total area
of the warehouse is about 1,800 sq meters (16,000 sq ft), after deducting some accessing space.
Thus, the estimated max storage capacity is about 10,000 tons of copper cathodes.

Security: The building (shed #7) is located in a fenced and guarded compound. Security guards
are provided 24/7 and make periodic rounds of the facility during each shift. It is protected by a
perimeter alarm system, which is monitored by a third party monitoring service. This system is
comprised of contacts on all doors and 4 motion detection monitors sweeping virtually the entire
inside of the building. The alarm system is activated and de-activated through a keypad into
which authorized pass codes are entered. Management receives and reviews a monthly hard
copy printout from the third party monitoring service detailing all activation and de-activation
transactions.

Material Handling: Shed #7 has two (2) 16’x16’ rollup doors on the north side and two (2)
16’x18’ rollup doors one on either end of the building. A steel loading dock which can
accommodate four (4) vans at a time is located adjacent to shed #7. The facility is served by
CSX though a single rail spur into their yard located approximately 100’ from shed #7. The
warehouse has the equipment to dismount containers, so it can provide on-site containerization.

The warehouse is located within 100’ of a 36ft draft berth that is also operated by Steinweg from
which barges and ocean going vessels can be loaded/unloaded.

In the event that overtime or weekend hours are required to meet customers’ shipping
instructions there is a sufficient labor pool available to meet these requirements.

Weighing: The company has significant experience in the weighing of metals with respect to
not only its LME operations, but for a wide variety of non-LME commodities.

Below is a listing of the type of scales utilized in this facility. This scale is calibrated on a
quarterly basis by a 3" party vendor (American Scale) and inspected on an annual basis by
Maryland Department of Agriculture in accordance with Agriculture Article 11-204.2 Annotated
Code of Maryland.

Weigh-Tronix Deck Scale Floor Scale W-125

Model: DS6060-10K.

Capacity: 10,00 Ibs x 2 Ib (legal for Trade)
Modes: Lbs or Kg

Platform Size: 60”x60"x12.31”

Guaranteed Minimum Shipping Capacity: Steinweg will guarantee 500 tons per day as a

minimum shipping rate on copper cathodes.

Inspection: Exchange staff visited and inspected the proposed facilities and determined that
they are suitable for the storage of copper. Staff was impressed with the knowledge and
operating history of the warehouse personnel at this major port facility.


I. EXPLANATION AND PURPOSE

The Exchange proposes to amend Supplement No. 2, “Licensed Warehouses for Copper” and
Supplement No. 3, “Licensed Weighmasters for Copper’ of the Grade 1 Copper Futures
Contract. The proposed amendments add C. Steinweg (Baltimore) Inc. for its Shed #7 facility at
Baltimore, Maryland as an Exchange Licensed Warehouse and to be an Exchange Licensed
Weighmaster for copper.

The application submitted by Steinweg meets all of the requirements of the Exchange for the
handling and storage of metal. However, it has not completed a Delivery Point Agreement with
the Exchange. A condition precedent to the effective date of Steinweg becoming an Exchange
Licensed Warehouse and Licensed Weighmaster is completion of such an agreement with the
Exchange.

A. BACKGROUND

C. Steinweg (Baltimore), Inc is a part of the Steinweg group of companies based in the
Netherlands with more than 150 years of experience in warehousing. The US company was set
up in 1990 and has more than 10 years of local experience in operating metals warehouses,
including but not limited to the operation of LME registered warehouses at aluminum, copper,
lead and zinc. The company also stores minor metals, lumber and soft commodities such as
pepper and cocoa beans. Shed #7 was built by Steinweg and has been primarily used thus far for
the storage of aluminum, lumber and cocoa beans.

The operator of the warehouse facility is:

C. Steinweg (Baltimore) Inc
Shed #7

1201 Wallace Street
Baltimore, MD 21230

Telephone: 410 752-8254
Facsimile: 410 752-8292

Contact: John Connolly
Executive V.P., C.E.O

From time to time Steinweg has also utilized this facility to store, other non-ferrous metals such
as aluminum, aluminum deox, non-exchange copper and lead, as well as certain lumber products,
oriented strand board, paper pulp and cocoa beans as well as some steel products such as cold
rolled coils.

B. FACILITY AND MATERIAL HANDLING

Indoor Storage: Shed #7 is a 16,000 sq ft (unobstructed) single span open floor frame building
with a concrete floor designed for a 1,200 psi floor loading. It has a capacity to stack up 4 to 5