FREIGHT RATE FUTURES

FREIGHT RATE FUTURES

Feb. 19, 1998

Baltic International Freight Futures Market

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Feb. 1020 __ __ __ 1010

Mar. 1145 1160 1145 45 1140

Apr. 1200 1200 1195 21 1195

July 1025 1040 1035 13 1035

Total sales, 79 contracts.