This is due to the specifications of Windows® XP. The Picture Tasks option is only applicable to My Pictures folder. To provide this option in a newly created folder, user has to firstly store images into the folder.
For more information, please refer to the following solution in Microsoft's technical support website.
Article ID: Q291257
Last Reviewed: January 5, 2001
Title: Picture Tasks Options Are not available in a Folder That Contains Images.