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v3.19.1

Statements of Financial Condition - USD ($) | Dec. 31, 2018 | Dec. 31, 2017
--- | --- | ---
Assets |  |
Cash and cash equivalents (at cost $5,167,367 and $7,217,601, respectively) (Notes 2 and 5) | $ 5,167,367 | $ 7,217,601
Equity in trading accounts: |  |
Cash and cash equivalents (at cost $596,555 and $1,701,275, respectively) | 596,555 | 1,701,275
Unrealized gain (loss) on open commodity futures contracts | (46,103) | (568,922)
Receivable from General Partner (Note 3) | 59,956 | 61,713
Dividends receivable | 2,579 | 2,319
Interest receivable | 289 | 88
Directors' fees and insurance receivable | 0 | 66
Other assets | 216 | 0
Total assets | 5,780,859 | 8,414,140
Liabilities and Partners' Capital |  |
Payable due to Broker | 81,581 | 0
General Partner management fees payable (Note 3) | 3,709 | 5,493
Professional fees payable | 51,486 | 72,695
Brokerage commissions payable | 571 | 1,181
Directors' fees and insurance payable | 641 | 0
License fees payable | 0 | 331
Total liabilities | 137,988 | 79,700
Commitments and Contingencies (Notes 3, 4 and 5) |  |
Partners' Capital |  |
General Partner | 0 | 0
Limited Partners | 5,642,871 | 8,334,440
Total Partners' Capital | 5,642,871 | 8,334,440
Total liabilities and partners' capital | $ 5,780,859 | $ 8,414,140
Limited Partners' shares outstanding | 550,000 | 900,000
Net asset value per share | $ 10.26 | $ 9.26
Market value per share | $ 10.33 | $ 9.18

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