For even singular point on a manifold with conical singularities a tra
ce can be constructed on the ''Cone Algebra with Asymptotics'' introdu
ced by B.-W. Schulze. Each of them vanishes on operators supported in
the interior and is therefore different from the noncommutative residu
e established by Wodzicki. On the ideal of operators with zero conorma
l symbol, however, we find another tract which coincides with the nonc
ommutative residue in the interior. All these traces are shown to be e
ssentially unique on a slightly extended version of the cone algebra.
(C) 1997 Academic Press.