FREIGHT RATE FUTURES

FREIGHT RATE FUTURES

Feb. 23, 1988

Baltic International Freight Futures ExchangePrev.

Close High Low Vol. Close

Apr. 1556.0 1565.0 1555.0 56 1563.5

July 1405.0 1400.0 1400.0 57 1412.0

Oct. 1412.5 1420.0 1410.0 17 1424.5

Total sales, 130 contracts.

*International Futures Exchange (Bermuda), Ltd.

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

Bid Ask Last High Low Sttlng

Apr. 1535.0 1575.0 1565.0 -- -- 1565.0

July -- 1550.0 1406.0 -- -- 1406.0

Oct. -- -- 1410.0 -- -- 1410.0

Jan. -- -- 1398.0 -- -- 1398.0

Vol. 0, Prev. Vol. 15.