SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
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In the Matter of :
EASTERN UTILITIES ASSOCIATES :
Boston, Massachusetts :
EASTERN EDISON COMPANY :
Brockton, Massachusetts :
BLACKSTONE VALLEY ELECTRIC COMPANY : Certificate of Notification
Lincoln, Rhode Island : Persuant to Rule 24
NEWPORT ELECTRIC CORPORATION :
Middletown, Rhode Island :
MONTAUP ELECTRIC COMPANY :
Boston, Massachusetts :
(70-8955) :
(Public Utility Holding Company Act of 1935):
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Eastern Utilities Associates ("EUA"), Eastern Edison Company ("Eastern"),
Blackstone Valley Electric Company ("Blackstone"), Newport Electric
Corporation ("Newport"), and Montaup Electric Company ("Montaup"), and
their Affiliates, EUA Cogenex Corporation ("Cogenex"), EUA Ocean State
Corporation ("Ocean State"), EUA Service Corporation ("ESC"), EUA Energy
Investment Corporation ("EEIC"), and EUA Energy Services, Inc. ("EUA
Energy") (Affiliates are authorized to borrow under the Facility, but are
not required to be Declarants), in accordance with the Order of the
Securities and Exchange Commission entered in the above matter on April
15, 1997 hereby certify pursuant to Rule 24 that they have borrowed under
the Facility as follows:
EASTERN UTILITIES ASSOCIATES
Fleet Bank
Week Ending Total Borrowings Range of Rates
04/05/98 2,410,000 5.8000 - 6.1100
04/12/98 2,900,000 5.7400 - 5.8600
04/19/98 3,240,000 5.7400 - 5.9900
04/26/98 10,220,000 5.6800 - 5.8600
04/30/98 2,450,000 5.7400 - 5.8600
05/03/98 2,450,000 5.7400
05/10/98 2,480,000 5.6800 - 5.8000
05/17/98 2,160,000 5.7400 - 6.1100
05/24/98 2,250,000 5.6800 - 5.8600
05/31/98 2,800,000 5.8600 - 6.0500
06/07/98 2,830,000 5.7400 - 6.1800
06/14/98 2,920,000 5.7400 - 5.9300
06/21/98 3,180,000 5.7400 - 6.1100
06/28/98 3,800,000 5.6800 - 5.9900
06/30/98 3,860,000 6.0500 - 6.3000
Bank of New York
04/05/98 13,500,000 5.7500 - 5.9375
04/12/98 13,500,000 5.8000 - 5.9375
04/19/98 13,500,000 5.8000 - 5.9375
04/26/98 5,500,000 5.9375
04/30/98 14,000,000 6.0000
05/03/98 14,000,000 6.0000
05/10/98 14,000,000 6.0000
05/17/98 14,000,000 6.0000
05/24/98 14,000,000 6.0000
Union Bank of California
05/31/98 14,000,000 5.8300
06/07/98 14,000,000 5.8200 - 5.8300
06/14/98 14,000,000 5.8200 - 5.8400
06/21/98 14,000,000 5.8400 - 5.8600
06/28/98 14,000,000 5.8600 - 5.9500
06/30/98 14,000,000 5.9500
EASTERN EDISON COMPANY
Fleet Bank
Week Ending Total Borrowings Range of Rates
04/05/98 3,750,000 5.8000 - 6.1100
04/12/98 930,000 5.7400 - 5.8600
04/19/98 2,090,000 5.7400 - 5.9900
04/26/98 450,000 5.6800 - 5.8600
05/03/98 5,450,000 5.7400
05/10/98 4,780,000 5.6800 - 5.8000
05/17/98 4,830,000 5.7400 - 6.1100
05/24/98 3,320,000 5.6800 - 5.8600
05/31/98 1,240,000 5.8600 - 6.0500
06/07/98 3,480,000 5.7400 - 6.1800
06/14/98 2,780,000 5.7400 - 5.9300
06/21/98 380,000 5.7400 - 6.1100
06/28/98 420,000 5.6800 - 5.9900
06/30/98 420,000 6.0500 - 6.3000
Bank of New York
05/17/98 2,650,000 6.1875
05/24/98 2,650,000 5.7500 - 5.9375
05/31/98 2,650,000 5.8750 - 6.0000
06/07/98 1,850,000 5.7500 - 6.1250
06/14/98 1,850,000 5.7500 - 5.8750
06/21/98 1,880,000 5.7500 - 6.1250
06/28/98 980,000 5.7500 - 6.0000
06/30/98 360,000 6.1875 - 7.0625
Union Bank of California
06/21/98 2,000,000 5.8400
State Street Bank
05/03/98 15,000,000 5.7375
05/10/98 15,000,000 5.6125 - 5.8000
05/17/98 15,000,000 5.8000 - 6.0500
05/24/98 15,000,000 5.7375 - 5.8625
05/31/98 15,000,000 5.8000 - 5.9875
06/07/98 15,000,000 5.7375 - 5.8625
06/14/98 15,000,000 5.7375 - 5.8625
06/21/98 15,000,000 5.8000 - 5.8625
06/28/98 15,000,000 5.7375 - 5.8625
06/30/98 15,000,000 5.8625
BLACKSTONE VALLEY ELECTRIC COMPANY
Fleet Bank
Week Ending Total Borrowings Range of Rates
04/05/98 850,000 5.8000 - 6.1100
04/12/98 390,000 5.7400 - 5.8600
04/19/98 810,000 5.7400 - 5.9900
04/30/98 1,250,000 5.7400 - 5.8600
05/03/98 3,040,000 5.7400
05/10/98 3,890,000 5.6800 - 5.8000
05/17/98 5,640,000 5.7400 - 6.1100
05/24/98 4,180,000 5.6800 - 5.8600
05/31/98 3,550,000 5.8600 - 6.0500
06/07/98 4,690,000 5.7400 - 6.1800
06/14/98 5,040,000 5.7400 - 5.9300
06/21/98 3,950,000 5.7400 - 6.1100
06/28/98 3,220,000 5.6800 - 5.9900
06/30/98 2,620,000 6.0500 - 6.3000
Bank of New York
04/05/98 1,500,000 5.9375
04/12/98 1,500,000 5.9375
04/19/98 1,500,000 5.9375
04/26/98 1,500,000 5.9375
05/17/98 2,000,000 6.1875
05/24/98 2,000,000 5.7500 - 5.9375
05/31/98 2,000,000 5.8750 - 6.0000
06/07/98 2,000,000 5.7500 - 6.1250
06/14/98 2,000,000 5.7500 - 5.8750
06/21/98 3,500,000 5.7500 - 6.1250
06/28/98 3,500,000 5.9375 - 6.0000
06/30/98 3,500,000 6.1875 - 7.0625
NEWPORT ELECTRIC CORPORATION
Fleet Bank
Week Ending Total Borrowings Range of Rates
04/05/98 2,660,000 5.8000 - 6.1100
04/12/98 2,540,000 5.7400 - 5.8600
04/19/98 2,220,000 5.7400 - 5.9900
04/26/98 1,380,000 5.6800 - 5.8600
05/10/98 1,320,000 5.6800 - 5.8000
05/17/98 3,420,000 5.7400 - 6.1100
05/24/98 1,960,000 5.6800 - 5.8600
05/31/98 2,560,000 5.8600 - 6.0500
06/07/98 2,230,000 5.7400 - 6.1800
06/14/98 2,760,000 5.7400 - 5.9300
06/21/98 2,290,000 5.7400 - 6.1100
06/28/98 1,970,000 5.6800 - 5.9900
06/30/98 1,770,000 6.0500 - 6.3000
Bank of New York
04/05/98 2,000,000 5.9375
04/12/98 2,000,000 5.9375
04/19/98 2,000,000 5.9375
04/26/98 2,000,000 5.9375
04/30/98 4,000,000 6.0000
05/03/98 4,000,000 6.0000
05/10/98 4,000,000 6.0000
05/17/98 4,000,000 6.0000
05/24/98 4,000,000 6.0000
Union Bank of California
05/31/98 4,000,000 5.8300
06/07/98 4,000,000 5.8200 - 5.8300
06/14/98 4,000,000 5.8200 - 5.8400
06/21/98 4,000,000 5.8400 - 5.8600
06/28/98 4,000,000 5.8600 - 5.9500
06/30/98 4,000,000 5.9500
MONTAUP ELECTRIC COMPANY
Fleet Bank
Week Ending Total Borrowings Range of Rates
06/21/98 500,000 5.7400 - 6.1100
06/28/98 500,000 5.6800 - 5.9900
06/30/98 500,000 6.0500 - 6.3000
Bank of New York
06/21/98 1,865,000 5.7500 - 6.1250
06/28/98 1,865,000 5.7500 - 6.0000
06/30/98 1,865,000 6.1875 - 7.0625
EUA OCEAN STATE CORPORATION
Fleet Bank
Week Ending Total Borrowings Range of Rates
04/05/98 1,190,000 5.8000 - 6.1100
04/12/98 1,190,000 5.7400 - 5.8600
04/19/98 430,000 5.7400 - 5.9900
04/26/98 1,480,000 5.6800 - 5.8600
04/30/98 1,480,000 5.7400 - 5.8600
05/03/98 1,480,000 5.7400
05/10/98 1,480,000 5.6800 - 5.8000
05/17/98 910,000 5.7400 - 6.1100
05/24/98 910,000 5.6800 - 5.8600
05/31/98 920,000 5.8600 - 6.0500
06/07/98 2,340,000 5.7400 - 6.1800
06/14/98 2,340,000 5.7400 - 5.9300
06/21/98 2,340,000 5.7400 - 6.1100
06/28/98 2,340,000 5.6800 - 5.9900
06/30/98 2,340,000 6.0500 - 6.3000
Bank of New York
04/05/98 1,500,000 5.9375
04/12/98 1,500,000 5.9375
04/19/98 1,500,000 5.9375
04/26/98 1,500,000 5.9375
04/30/98 1,500,000 6.0000
05/03/98 1,500,000 6.0000
05/10/98 1,500,000 6.0000
05/17/98 1,500,000 6.0000
05/24/98 1,500,000 6.0000
05/31/98 1,500,000 5.8750
06/07/98 2,000,000 5.9375
06/14/98 2,000,000 5.9375
06/21/98 2,000,000 5.9375
06/28/98 2,000,000 5.9375
06/30/98 2,000,000 5.9375
EUA COGENEX CORPORATION
Fleet Bank
Week Ending Total Borrowings Range of Rates
04/30/98 1,400,000 5.8600
05/03/98 1,000,000 5.7400
05/10/98 970,000 5.6800 - 5.8000
05/17/98 1,860,000 5.7400 - 6.1100
05/24/98 1,160,000 5.6800 - 5.8600
05/31/98 1,160,000 5.8600 - 6.0500
06/07/98 1,860,000 5.7400 - 6.1800
06/14/98 1,640,000 5.7400 - 5.9300
06/21/98 1,240,000 5.7400 - 6.1100
06/28/98 410,000 5.6800 - 5.9900
Bank of New York
04/05/98 39,000,000 5.9375
04/12/98 39,000,000 5.9375
04/19/98 39,000,000 5.9375
04/26/98 39,000,000 5.9375
04/30/98 39,000,000 6.0000
05/03/98 35,000,000 6.0000
05/10/98 35,000,000 6.0000
05/17/98 35,000,000 6.0000
05/24/98 35,000,000 6.0000
05/31/98 35,000,000 5.8750
06/07/98 35,000,000 5.8750 - 5.9375
06/14/98 35,000,000 5.9375
06/21/98 35,000,000 5.9375
06/28/98 35,000,000 5.9375
06/30/98 35,000,000 5.9375
Citibank
04/05/98 2,817,080 4.8500
04/12/98 2,804,440 4.8500
04/19/98 2,798,960 4.8500
04/26/98 2,787,280 4.8500
04/30/98 2,795,240 4.8500
The foregoing borrowings were steps in the consummation of a
series of transactions during the period ending June 30, 1998 in
accordance with the terms and conditions of and for the purposes
represented by, the joint application-declaration, as amended, as filed
in said matter and the Order with respect hereto.
EASTERN UTILITIES ASSOCIATES
EASTERN EDISON COMPANY
BLACKSTONE VALLEY ELECTRIC COMPANY
NEWPORT ELECTRIC CORPORATION
MONTAUP ELECTRIC COMPANY
By: Clifford J. Hebert, Jr.
Treasurer
Date: August 13, 1998
