FREIGHT RATE FUTURES

FREIGHT RATE FUTURES

Feb. 18, 1988

Baltic International Freight Futures ExchangePrev.

Close High Low Vol. Close

Apr. 1569.0 1588.0 1565.0 134 1587.0

July 1408.0 1425.0 1410.0 57 1422.0

Oct. 1419.0 1430.0 1418.0 65 1435.0

Jan. 1385.0 1399.5 1399.5 4 1400.0

Total sales, 260 contracts.

*International Futures Exchange (Bermuda), Ltd.

*Quotes as of 2:00 p.m. Prev.

Bid Ask Last High Low Sttlng

Apr. 1490.0 1574.0 1569.0 1569.0 1569.0 1587.0

July -- 1430.0 1422.0 -- -- 1422.0

Oct. -- -- 1435.0 -- -- 1435.0

Jan. -- -- 1400.0 -- -- 1400.0

Vol. 1, Prev. Vol. 1.