Alternative Investment
Strategies

WORLD MONITOR TRUST--
SERIES B

MONTHLY REPORT/
JULY 26, 2002

(Logo) Prudential Financial


         WORLD MONITOR TRUST--SERIES B
--------------------------------------------------------------------------------

Dear Interest Holder:

Enclosed is the report for the period from June 29, 2002 to July 26, 2002 for
the World Monitor Trust--Series B ('Series B'). The net asset value of an
interest as of July 26, 2002 was $122.17, an increase of 5.32% from the June 28,
2002 value of $116.00. The calendar year-to-date return for Series B was an
increase of 12.53% as of July 26, 2002.

The estimated net asset value per interest as of August 13, 2002 was $125.18.
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 (212) 778-2443.

          Sincerely yours,
          Eleanor L. Thomas
          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.

STATEMENT OF OPERATIONS
------------------------------------------------
For the period from June 29, 2002 to
  July 26, 2002
Revenues:
Realized gain on commodity
  transactions.......................   $367,263
Change in unrealized commodity
  positions..........................    253,281
Interest income......................     16,572
                                        --------
                                         637,116
                                        --------
Expenses:
Commissions..........................     64,070
Management fee.......................     16,510
                                        --------
                                          80,580
                                        --------
Net gain.............................   $556,536
                                        --------
                                        --------

STATEMENT OF CHANGES IN NET ASSET VALUE
--------------------------------------------------
For the period from June 29, 2002 to
  July 26, 2002

                                             Per
                                Total      Interest
                             -----------   -------
Net asset value at
  beginning of period
  (90,382.244 interests)...  $10,484,578   $116.00
Net gain...................      556,536
Redemptions................     (255,053)
                             -----------
Net asset value at end of
  period (88,287.008
  interests)...............  $10,786,061    122.17
                             -----------   -------
                             -----------

Change in net asset
  value per interest....................   $  6.17
                                           -------
                                           -------
Percentage change.......................      5.32%
                                           -------
                                           -------

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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 B is accurate and
complete.

                         PRUDENTIAL SECURITIES FUTURES
                                MANAGEMENT INC.

                               by: Steven Weinreb
                            Chief Financial Officer