FREIGHT RATE FUTURES

FREIGHT RATE FUTURES

Jan. 13, 1992

Baltic International Freight Futures MarketPrev.

Close High Low Vol. Close

Jan. 1546 1545 1546 49 1545

Feb. 1576 1570 1576 16 1576

Mar. 1595 1585 1595 34 1585

Apr. 1600 1595 1600 90 1603

July 1391 1390 1390 34 1385

Total sales, 223 contracts.