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WORLD MONITOR TRUST--
SERIES C
MONTHLY REPORT/
NOVEMBER 27, 1998
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<PAGE>
WORLD MONITOR TRUST--SERIES C
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Dear Interest Holder:
Enclosed is the report for the period from October 31, 1998 to November 27, 1998
for World Monitor Trust--Series C (the 'Trust'). The net asset value of an
interest as of November 27, 1998 was $97.07, a decrease of 7.60% from the
October 30, 1998 value of $105.05. The 1998 year-to-date return for the Trust,
which commenced trading June 10, 1998, was a decrease of 2.93% as of November
27, 1998.
The estimated net asset value per interest as of December 14, 1998 was $101.43.
Past performance is not necessarily indicative of future results.
Should you have any questions, please contact your Prudential Securities
Financial Advisor. For account status inquiries, contact Prudential Securities
Client Services at 1-800-535-2077.
Sincerely yours,
/s/ Thomas M. Lane, Jr.
----------------------
Thomas M. Lane, Jr.
President and Director
PRUDENTIAL SECURITIES
FUTURES MANAGEMENT INC.
Please note that the value which appears on your Prudential Securities statement
is an estimated value at calendar month-end. The actual value as of the last
Friday of the month is contained in this report.
<TABLE>
<CAPTION>
STATEMENT OF OPERATIONS
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For the period from October 31, 1998 to
November 27, 1998
<S> <C>
Revenues:
Realized loss on commodity
transactions....................... $(321,913)
Change in unrealized commodity
positions.......................... (392,999)
Interest income...................... 40,642
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(674,270)
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Expenses:
Commissions.......................... 55,447
Management fee....................... 14,288
Incentive fee........................ (4,916)
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64,819
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Net loss............................. $(739,089)
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</TABLE>
<TABLE>
<CAPTION>
STATEMENT OF CHANGES IN NET ASSET VALUE
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For the period from October 31, 1998 to
November 27, 1998
Per
Total Interest
<S> <C> <C>
---------- -------
Net asset value at beginning
of month (89,390.955
interests)................ $9,390,509 $105.05
Contributions............... 932,886
Net loss.................... (739,089)
Redemptions................. (5,066)
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Net asset value at end of
month (98,687.953
interests)................ $9,579,240 97.07
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----------
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Change in net asset
value per interest.................... $ (7.98)
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Percentage change....................... (7.60)%
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</TABLE>
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I hereby affirm that, to the best of my knowledge and belief, the information
contained herein relating to World Monitor Trust--Series C is accurate and
complete.
PRUDENTIAL SECURITIES FUTURES
MANAGEMENT INC.
/s/ Barbara J. Brooks
------------------------
by: Barbara J. Brooks
Chief Financial Officer
