TAURUS COMMODITIES

133 W. Boscawen Street, Winchester, Virginia

(October 3, 1997) SUGAR: Flat again as this market cannot seem to make its mind up. Long-term we still hold our bullish views as the prolonged dryness in Australia and South Africa, thanks to El Nino, are creating the conditions for a major bull market.

Sugar
COMMODITY REVIEW AND OUTLOOK | MERRILL LYNCH & CO.
PRUDENTIAL SECURITIES, INC. | TAURUS COMMODITIES
Coffee
MERRILL LYNCH & CO. | PRUDENTIAL SECURITIES, INC. | TAURUS COMMODITIES
Orange Juice
MERRILL LYNCH & CO. | COMMODITY REVIEW AND OUTLOOK
Cocoa
PRUDENTIAL SECURITIES, INC. | COMMODITY REVIEW AND OUTLOOK | MERRILL LYNCH & CO.
Cotton
PRUDENTIAL SECURITIES, INC. | MERRILL LYNCH & CO. | TAURUS COMMODITIES
Food and Fiber | Consensus National Futures and Financial On Line Index

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