FREIGHT RATE FUTURES

FREIGHT RATE FUTURES

March 21, 1988

Baltic International Freight Futures ExchangePrev.

Close High Low Vol. Close

Apr. 1729.0 1753.0 1723.0 120 1740.0

July 1581.0 1622.0 1580.0 197 1601.0

Oct. 1605.0 1635.0 1602.0 130 1617.0

Jan. 1605.0 1625.0 1615.0 26 1612.0

Oct. 1440.0 1440.0 1440.0 20 1462.5

Total sales, 493 contracts.

*International Futures Exchange (Bermuda), Ltd.

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

Bid Ask Last High Low Sttlng

Apr. -- -- 1740.0 -- -- 1740.0

July -- -- 1601.0 -- -- 1601.0

Oct. -- -- 1617.0 -- -- 1617.0

Jan. -- -- 1612.0 -- -- 1612.0

Vol. 0, Prev. Vol. 0.