EXHIBIT 24.(vi)


                 [LETTERHEAD OF PRICE WATERHOUSE APPEARS HERE]



1 May 1996


To The Board of Directors
California Pellet Mill Europe Limited
West March
Diversity
Northants
NNT 4SA

Dear Sirs,

We have audited the balance sheet of California Pellet Mill Europe Limited ("The
Company") as of 31 December 1995, and the related profit and loss account and 
statements of changes in cash flows and changes in shareholders' equity for the
year ended 31 December 1995, all expressed in pounds sterling and prepared on
the basis set forth in the financial statements (not separately presented
herein). These financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these financial
statements based on our audit.

We conducted our audit in accordance with United States generally accepted 
auditing standards. These standards require that we plan and perform the audit 
to obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements. An audit
also includes assessing the accounting principles used and significant estimates
made by management, as well as evaluating the overall financial statement
presentation. We believe that our audits provide a reasonable basis for our
opinion.

In our opinion, the financial statements referred to above present fairly in all
material respects, the financial position of the Company at 31 December 1995 and
the results of the Company's operations and its cash flows for the year ended 31
December 1995 in conformity with generally accepted accounting principles in the
United Kingdom.


Yours faithfully,


/s/ Price Waterhouse

PRICE WATERHOUSE                                                     1 May 1996