XML 17 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Statements of Financial Condition - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents (at cost $18,596,289 and $14,477,947, respectively) (Notes 2 and 5) $ 18,596,289 $ 14,477,947
Equity in trading accounts:    
Cash and cash equivalents (at cost $1,717,390 and $6,113,231, respectively) 1,717,390 6,113,231
Unrealized gain (loss) on open commodity futures contracts (175,600) (4,450,405)
Receivable from General Partner (Note 3) $ 80,980 $ 168,223
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration] General Partner [Member] General Partner [Member]
Dividends receivable $ 45,548 $ 53,943
Interest receivable 33,512 18,055
Prepaid license fees 4,612 6,623
Prepaid insurance 1,381 2,121
Total Assets 20,304,112 16,389,738
Liabilities and Partners' Capital    
General Partner management fees payable (Note 3) $ 9,800 $ 10,902
Other Liability, Related Party, Type [Extensible Enumeration] General Partner [Member] General Partner [Member]
Professional fees payable $ 100,488 $ 79,649
Brokerage commissions payable 391 391
Directors' fees payable 558 2,846
Total Liabilities 111,237 93,788
Commitments and Contingencies (Notes 3, 4 & 5)
Partners' Capital    
General Partners   0
Limited Partners 20,192,875 16,295,950
Total Partners' Capital 20,192,875 16,295,950
Total Liabilities and Partners' Capital $ 20,304,112 $ 16,389,738
Limited Partners' shares outstanding 2,550,000 1,900,000
Net asset value per share $ 7.92 $ 8.58
Market value per share $ 7.88 $ 8.58