An outburst of the X-ray transient source XTE J1806-246 (2S1803-245) was ob
served by the Rossi X-ray Timing Explorer from April-July 1998. Strong quas
i-periodical oscillations (QPO) with a central peak frequency around 9 Hz w
as detected in one observation of the series performed by the PCA/RXTE expe
riment. The X-ray flux from the source during the observation with QPO was
maximal. The energy spectrum of XTE J1806-246 at this time was softer than
for other observations. Statistically significant variability of the QPO pa
rameters was detected, in short-term correlation with the flux variability.
Fractional amplitudes of Very Low frequency Noise and the QPO component of
the power density spectrum demonstrate a strong energy dependence, while o
ther parameters do not change significantly.