As promised, I've attached a spreadsheet that offers monthly industry
returns
(incl. dividends) for the beverage and food industries.  There is no
consolidated food & beverage sector.



**********************************************
Mark D. Guinney, CFA
Consultant
Watson Wyatt Investment Consulting
345 California Street, Ste. 1400
San Francisco, CA  94104
(415) 733-4487 ph.
(415) 733-4190 fax


 - Index returns.xls