WORLD MONITOR TRUST SERIES C
424B3, 1999-12-28
INVESTORS, NEC
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<PAGE>

    WORLD MONITOR TRUST--
    SERIES C

    MONTHLY REPORT/
    NOVEMBER 26, 1999

<PAGE>
         WORLD MONITOR TRUST--SERIES C
- --------------------------------------------------------------------------------

Dear Interest Holder:

Enclosed is the report for the period from October 30, 1999 to November 26, 1999
for World Monitor Trust--Series C (the 'Trust'). The net asset value of an
interest as of November 26, 1999 was $98.14, a decrease of 0.84% from the
October 29, 1999 value of $98.97. The 1999 calendar year-to-date return for the
Trust was a decrease of 5.83% as of November 26, 1999.

The estimated net asset value per interest as of December 14, 1999 was $95.82.
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/ Joseph A. Filicetti
          -----------------------
          Joseph A. Filicetti
          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
- ----------------------------------------------------
For the period from October 30, 1999 to
  November 26, 1999
<S>                                      <C>
Revenues:
Realized loss on commodity
  transactions........................   $(1,047,195)
Change in unrealized commodity
  positions...........................     1,050,054
Interest income.......................        68,662
                                         -----------
                                              71,521
                                         -----------
Expenses:
Commissions...........................       105,808
Management fee........................        27,264
                                         -----------
                                             133,072
                                         -----------
Net loss..............................   $   (61,551)
                                         -----------
                                         -----------
</TABLE>

<TABLE>
<CAPTION>
STATEMENT OF CHANGES IN NET ASSET VALUE
- -----------------------------------------------------
For the period from October 30, 1999 to
  November 26, 1999
                                                Per
                                   Total      Interest
                                -----------   -------
<S>                             <C>           <C>
Net asset value at beginning
  of period (178,404.807
  interests)..................  $17,656,714   $ 98.97
Contributions.................    1,667,500
Net loss......................      (61,551)
Redemptions...................     (242,289)
                                -----------
Net asset value at end of
  period (193,815.857
  interests)..................  $19,020,374     98.14
                                -----------
                                -----------
                                              -------
Change in net asset
  value per interest.......................   $ (0.83)
                                              -------
                                              -------
Percentage change..........................     (0.84)%
                                              -------
                                              -------
</TABLE>

- ------------------------------------------------------
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


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