                    UNITED STATES COURT OF APPEALS
                         for the Fifth Circuit

                 _____________________________________

                              No. 96-20285
                 _____________________________________


                         PETROLEOS MEXICANOS,

                                 Plaintiff-Counter Defendant-Appellee,

                                VERSUS


                      AMTRADE INTERNATIONAL, INC.

                                 Defendant-Counter Claimant-Appellant.

     ______________________________________________________

          Appeal from the United States District Court
               for the Southern District of Texas
                         (CA-H-95-1070)
     ______________________________________________________

                         December 9, 1996
Before WISDOM, DAVIS and DUHÉ, Circuit Judges:

PER CURIAM:1

     Our review of the record and the briefs in this case leads us

to conclude that the district court correctly granted summary

judgment in favor of Petroleos Mexicanos.       Amtrade International

failed to demonstrate that the promissory note or the settlement

agreement was ambiguous and the district court properly refused to

consider parole evidence.

     AFFIRMED.


     1
      Pursuant to Local Rule 47.5, the court has determined that
this opinion should not be published and is not precedent except
under the limited circumstances set forth in Local Rule 47.5.4.
2
