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Condensed Statements of Financial Condition - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents (at cost $46,866,995 and $42,728,472, respectively) (Notes 2 and 5) $ 46,866,995 $ 42,728,472
Equity in trading accounts:    
Cash and cash equivalents (at cost $10,366,163 and $24,000,253, respectively) 10,366,163 24,000,253
Unrealized gain (loss) on open commodity futures contracts (2,642,094) (15,772,193)
Dividends receivable 15,261 895
Interest receivable 1,652 1,164
Directors' fees and insurance receivable 2,586  
Total assets 54,610,563 50,958,591
Liabilities and Partners' Capital    
General Partner management fees payable (Note 3) 25,767 27,633
Professional fees payable 74,484 127,321
Brokerage commissions payable 3,422 3,422
Directors' fees and insurance payable   371
License fees payable 492 1,214
Total liabilities 104,165 159,961
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner 0 0
Limited Partners 54,506,398 50,798,630
Total Partners' Capital 54,506,398 50,798,630
Total liabilities and partners' capital $ 54,610,563 $ 50,958,591
Limited Partners' shares outstanding 2,500,000 2,850,000
Net asset value per share $ 21.80 $ 17.82
Market value per share $ 21.65 $ 17.96