FREIGHT RATE FUTURES

FREIGHT RATE FUTURES

Sept. 27, 1995

Baltic International Freight Futures MarketPrev.

Close High Low Vol. Close

Oct. 1945 1980 1945 264 1985

Nov. 1965 1985 1960 76 1990

Jan. 1880 1905 1880 60 1908

Apr. 1858 1875 1860 67 1880

July 1652 1655 1650 21 1663

Jan. 1795 1800 1800 5 1813

Total sales, 180 contracts.