FREIGHT RATE FUTURES

FREIGHT RATE FUTURES

May 16, 1990

Baltic International Freight Futures MarketPre

Close High Low Vol. Close

May 1315 1315 1305 50 1298

June 1244 1250 1235 90 1224

July 1135 1135 1130 72 1122

Oct. 1245 1249 1240 102 1227

Jan. 1273 1270 1264 21 1258

Apr. 1283 1275 1270 20 1265

Total sales, 355 contracts.