FREIGHT RATE FUTURES

FREIGHT RATE FUTURES

March 29, 1988

Baltic International Freight Futures ExchangePrev.

Close High Low Vol. Close

Apr. 1640.0 1650.0 1610.0 273 1630.5

July 1530.0 1540.0 1485.0 328 1510.0

Oct. 1554.0 1570.0 1515.0 196 1546.0

Jan. 1550.0 1550.0 1535.0 13 1545.0

Total sales, 810 contracts.

*International Futures Exchange (Bermuda), Ltd.

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

Bid Ask Last High Low Sttlng

Apr. -- -- 1630.5 -- -- 1630.5

July -- -- 1510.0 -- -- 1510.0

Oct. -- -- 1546.0 -- -- 1546.0

Jan. -- -- 1545.0 -- -- 1545.0

Vol. 0, Prev. Vol. 0.