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 : Pursuant 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
Week Ending Total Borrowings Range of Rates
Fleet Bank
01/03/99 7,000,000 5.3000
01/10/99 5,510,000 4.8000 - 5.4300
01/17/99 5,700,000 5.0500 - 5.3000
01/24/99 4,830,000 4.8600 - 5.0500
01/31/99 5,900,000 5.0500 - 5.1800
02/07/99 5,900,000 4.9300 - 5.1100
02/14/99 3,130,000 4.9300 - 5.1100
02/21/99 6,350,000 4.9300 - 5.2400
02/28/99 6,410,000 5.0500 - 5.1800
03/07/99 6,420,000 4.9900 - 5.3000
03/14/99 4,300,000 5.1000 - 5.2300
03/21/99 4,300,000 5.0400 - 5.3500
03/28/99 5,500,000 5.1000 - 5.2300
03/31/99 5,430,000 5.2300 - 5.4800
Bank of New York
01/03/99 14,000,000 7.5000
01/10/99 14,000,000 5.3750
01/17/99 14,000,000 5.3125
01/24/99 14,000,000 5.3125
01/31/99 14,000,000 5.3125
02/07/99 14,000,000 5.3125
02/14/99 5,000,000 5.2500 - 5.3125
02/21/99 5,000,000 5.2500
02/28/99 5,000,000 5.2500
03/07/99 5,000,000 5.2500
03/14/99 8,000,000 5.2500
03/21/99 8,000,000 5.2500
03/28/99 8,000,000 5.2500
03/31/99 8,000,000 5.2500
Union Bank of California
01/03/99 18,000,000 4.8000
State Street Bank
02/14/99 13,000,000 4.9875 - 5.0500
02/21/99 13,030,000 4.9875 - 5.0500
02/28/99 13,030,000 5.0500 - 5.1750
03/07/99 13,050,000 5.0500 - 5.3000
03/14/99 13,070,000 5.0500 - 5.2375
03/21/99 13,070,000 4.9875 - 5.3000
03/28/99 13,100,000 5.0500 - 5.2375
03/31/99 13,100,000 5.1750 - 5.4250
EASTERN EDISON COMPANY
Week Ending Total Borrowings Range of Rates
Fleet Bank
01/17/99 630,000 5.1800
03/21/99 2,830,000 5.0400 - 5.3500
BLACKSTONE VALLEY ELECTRIC COMPANY
Week Ending Total Borrowings Range of Rates
Fleet Bank
03/21/99 1,620,000 5.0400 - 5.3500
NEWPORT ELECTRIC CORPORATION
Week Ending Total Borrowings Range of Rates
Fleet Bank
01/03/99 2,220,000 5.3000
01/10/99 1,260,000 4.8000 - 5.4300
03/21/99 1,000,000 5.0400
03/28/99 190,000 5.1000 - 5.2300
EUA OCEAN STATE CORPORATION
Week Ending Total Borrowings Range of Rates
Fleet Bank
01/03/99 1,190,000 5.3000
01/10/99 1,190,000 4.8000 - 5.4300
01/17/99 150,000 5.0500 - 5.3000
01/24/99 1,130,000 4.8600 - 5.0500
01/31/99 1,130,000 5.0500 - 5.1800
02/07/99 1,130,000 4.9300 - 5.1100
02/14/99 1,130,000 4.9300 - 5.1100
03/07/99 540,000 4.9900 - 5.3000
03/14/99 540,000 5.1000 - 5.2300
Bank of New York
01/03/99 2,000,000 7.5000
01/10/99 2,000,000 5.3750
01/17/99 2,000,000 5.3125
01/24/99 2,000,000 5.3125
01/31/99 2,000,000 5.3125
02/07/99 2,000,000 5.3125
02/14/99 2,000,000 5.2500 - 5.3125
02/21/99 2,000,000 5.2500
02/28/99 2,000,000 5.2500
03/07/99 2,000,000 5.2500
03/14/99 2,000,000 5.2500
03/21/99 2,000,000 5.2500
03/28/99 2,000,000 5.2500
03/31/99 2,000,000 5.2500
EUA COGENEX CORPORATION
Week Ending Total Borrowings Range of Rates
Fleet Bank
01/03/99 160,000 5.3000
01/10/99 5,220,000 4.8000 - 5.4300
01/17/99 5,850,000 5.0500 - 5.3000
01/24/99 6,050,000 4.8600 - 5.0500
01/31/99 4,950,000 5.0500 - 5.1800
02/07/99 5,520,000 4.9300 - 5.1100
02/14/99 6,080,000 4.9300 - 5.1100
02/21/99 4,540,000 4.9300 - 5.2400
02/28/99 4,790,000 5.0500 - 5.1800
03/07/99 5,470,000 4.9900 - 5.3000
03/14/99 3,970,000 5.1000 - 5.2300
03/21/99 5,550,000 5.0400 - 5.3500
03/28/99 5,420,000 5.1000 - 5.2300
03/31/99 4,480,000 5.2300 - 5.4800
Bank of New York
01/03/99 16,000,000 7.5000
01/10/99 12,000,000 5.3750
01/17/99 12,000,000 5.3125
01/24/99 12,000,000 5.3125
01/31/99 12,000,000 5.3125
02/07/99 12,000,000 5.3125
02/14/99 12,000,000 5.2500 - 5.3125
02/21/99 12 000,000 5.2500
02/28/99 12,000,000 5.2500
03/07/99 12,000,000 5.2500
03/14/99 12,000,000 5.2500
03/21/99 12,000,000 5.2500
03/28/99 12,000,000 5.2500
03/31/99 12,000,000 5.2500
The foregoing borrowings were steps in the consummation of a
series of transactions during the period ending March 31, 1999 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: May 11, 1999
