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Previous: NEW ENGLAND ELECTRIC SYSTEM, 35-CERT, 1996-11-14 |
Next: COMMODORE ENVIRONMENTAL SERVICES INC /DE/, 10-K/A, 1996-11-14 |
<PAGE>
File No. 70-8679/70-8675
CERTIFICATE OF NOTIFICATION
(Rule 24)
to the
SECURITIES AND EXCHANGE COMMISSION
by
GRANITE STATE ELECTRIC COMPANY (Granite)
MASSACHUSETTS ELECTRIC COMPANY (Mass Electric)
NANTUCKET ELECTRIC COMPANY (NEC)
NARRAGANSETT ENERGY RESOURCES COMPANY (NERC)
THE NARRAGANSETT ELECTRIC COMPANY (Narragansett)
NEW ENGLAND ELECTRIC TRANSMISSION CORPORATION (NEET)
NEW ENGLAND ENERGY INCORPORATED (NEEI)
NEW ENGLAND HYDRO-TRANSMISSION ELECTRIC COMPANY, INC.(Mass Hydro)
NEW ENGLAND HYDRO-TRANSMISSION CORPORATION (NH Hydro)
NEW ENGLAND POWER COMPANY (NEP)
NEW ENGLAND POWER SERVICE COMPANY (NEPSCO)
NEW ENGLAND ELECTRIC SYSTEM (NEES)
It is hereby certified that the transactions detailed below, which were
covered by the Statement on Form U-1 as amended and the Orders of the
Securities and Exchange Commission dated October 25, 1995 (File No. 70-8679)
and December 27, 1995 (File No. 70-8675) with respect thereto, have been
carried out in accordance with the terms and conditions of and for the
purposes represented in said Statements and Orders of the Commission.
During the quarter ended September 30, 1996, Borrowing Companies made
new money borrowings as indicated in Exhibit A-1 hereto, the proceeds of which
were used to pay construction costs or to reimburse the treasury therefor, to
retire outstanding securities, to repay money pool borrowing, or to repay
maturing commercial paper or bank loans which were issued in the third
instance to pay construction costs or to reimburse the treasury therefor, and
for other corporate purposes. The maximum concurrent amount of short-term
borrowings outstanding during the quarter and the amount outstanding at the
end of the quarter is shown in Exhibit A-1.
No funds borrowed were paid by a subsidiary company to NEES through
dividends for the purpose of NEES acquiring an interest in an exempt wholesale
generator or in a foreign utility company.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Public Utility Holding Company Act of
1935, each undersigned company has duly caused this Certificate of
Notification, Commission's File Nos.70-8679 and 70-8675, to be signed on their
behalf by the undersigned officers thereunto duly authorized.
NEW ENGLAND ELECTRIC SYSTEM
MASSACHUSETTS ELECTRIC COMPANY
NEW ENGLAND POWER COMPANY
NEW ENGLAND POWER SERVICE COMPANY
s/Michael E. Jesanis
By
Michael E. Jesanis, Treasurer
GRANITE STATE ELECTRIC COMPANY
THE NARRAGANSETT ELECTRIC COMPANY
s/John G. Cochrane
By
John G. Cochrane, Assistant Treasurer
NANTUCKET ELECTRIC COMPANY
NARRAGANSETT ENERGY RESOURCES COMPANY
NEW ENGLAND ENERGY INCORPORATED
NEW ENGLAND ELECTRIC TRANSMISSION CORPORATION
NEW ENGLAND HYDRO-TRANSMISSION CORPORATION
NEW ENGLAND HYDRO-TRANSMISSION ELECTRIC COMPANY, INC.
s/John G. Cochrane
By
John G. Cochrane, Treasurer
Date: November 14, 1996
The name "New England Electric System" means the trustee or trustees for the
time being (as trustee or trustees but not personally) under an agreement and
declaration of trust dated January 2, 1926, as amended, which is hereby
referred to, and a copy of which as amended has been filed with the Secretary
of the Commonwealth of Massachusetts. Any agreement, obligation or liability
made, entered into or incurred by or on behalf of New England Electric System
binds only its trust estate, and no shareholder, director, trustee, officer or
agent thereof assumes or shall be held to any liability therefor.
<PAGE>
EXHIBIT INDEX
Exhibit No. Description Page
- ----------- ----------- ----
A-1 Borrowing Log Filed herewith
<PAGE>
<TABLE>
GRANITE STATE ELECTRIC COMPANY
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/96 3275
7/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/ 2/96 534.73 534.73 3275
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/ 2/96 36.74 36.74 225
------
TOTAL BORROWINGS 3500
MATURITIES ( 3275)
------
DAILY TOTAL 225
3500
7/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/ 3/96 559.23 559.23 3425
MATURITIES ( 3500)
------
DAILY TOTAL ( 75)
3425
7/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 2 7/ 5/96 518.41 1036.81 3175
MATURITIES ( 3425)
------
DAILY TOTAL ( 250)
3175
7/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/ 8/96 506.16 1518.48 3100
MATURITIES ( 3175)
------
DAILY TOTAL ( 75)
3100
7/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/ 9/96 506.16 506.16 3100
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/ 9/96 28.57 28.57 175
------
TOTAL BORROWINGS 3275
MATURITIES ( 3100)
------
DAILY TOTAL 175
3275
<PAGE>
7/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/10/96 534.73 534.73 3275
MATURITIES ( 3275)
------
DAILY TOTAL 0
3275
7/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/11/96 510.24 510.24 3125
MATURITIES ( 3275)
------
DAILY TOTAL ( 150)
3125
7/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/12/96 510.24 510.24 3125
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/12/96 12.25 12.25 75
------
TOTAL BORROWINGS 3200
MATURITIES ( 3125)
------
DAILY TOTAL 75
3200
7/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/15/96 522.49 1567.47 3200
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 3 7/15/96 24.49 73.47 150
------
TOTAL BORROWINGS 3350
MATURITIES ( 3200)
------
DAILY TOTAL 150
3350
7/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/16/96 542.90 542.90 3325
MATURITIES ( 3350)
------
DAILY TOTAL ( 25)
3325
7/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/17/96 542.90 542.90 3325
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/17/96 8.16 8.16 50
------
TOTAL BORROWINGS 3375
MATURITIES ( 3325)
------
DAILY TOTAL 50
3375
<PAGE>
7/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/18/96 502.08 502.08 3075
MATURITIES ( 3375)
------
DAILY TOTAL ( 300)
3075
7/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/19/96 502.08 502.08 3075
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/19/96 16.33 16.33 100
------
TOTAL BORROWINGS 3175
MATURITIES ( 3075)
------
DAILY TOTAL 100
3175
7/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/22/96 518.41 1555.22 3175
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 3 7/22/96 16.33 48.98 100
------
TOTAL BORROWINGS 3275
MATURITIES ( 3175)
------
DAILY TOTAL 100
3275
7/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/23/96 534.73 534.73 3275
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/23/96 16.33 16.33 100
------
TOTAL BORROWINGS 3375
MATURITIES ( 3275)
------
DAILY TOTAL 100
3375
7/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/24/96 551.06 551.06 3375
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/24/96 24.49 24.49 150
------
TOTAL BORROWINGS 3525
MATURITIES ( 3375)
------
DAILY TOTAL 150
3525
7/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/25/96 559.23 559.23 3425
MATURITIES ( 3525)
------
DAILY TOTAL ( 100)
3425
<PAGE>
7/25/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/26/96 559.23 559.23 3425
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/26/96 8.16 8.16 50
------
TOTAL BORROWINGS 3475
MATURITIES ( 3425)
------
DAILY TOTAL 50
3475
7/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/29/96 567.39 1702.17 3475
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 3 7/29/96 24.49 73.47 150
------
TOTAL BORROWINGS 3625
MATURITIES ( 3475)
------
DAILY TOTAL 150
3625
7/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/30/96 591.88 591.88 3625
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/30/96 20.41 20.41 125
------
TOTAL BORROWINGS 3750
MATURITIES ( 3625)
------
DAILY TOTAL 125
3750
7/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/31/96 587.80 587.80 3600
MATURITIES ( 3750)
------
DAILY TOTAL ( 150)
3600
7/31/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 8/ 1/96 575.55 575.55 3525
MATURITIES ( 3600)
------
DAILY TOTAL ( 75)
3525
8/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 2/96 565.44 565.44 3500
MATURITIES ( 3525)
------
DAILY TOTAL ( 25)
3500
<PAGE>
8/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/ 5/96 565.44 1696.33 3500
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 3 8/ 5/96 48.47 145.40 300
------
TOTAL BORROWINGS 3800
MATURITIES ( 3500)
------
DAILY TOTAL 300
3800
8/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 6/96 585.64 585.64 3625
MATURITIES ( 3800)
------
DAILY TOTAL ( 175)
3625
8/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 7/96 585.64 585.64 3625
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/ 7/96 16.16 16.16 100
------
TOTAL BORROWINGS 3725
MATURITIES ( 3625)
------
DAILY TOTAL 100
3725
8/ 7/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 8/96 525.06 525.06 3250
MATURITIES ( 3725)
------
DAILY TOTAL ( 475)
3250
8/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 9/96 476.59 476.59 2950
MATURITIES ( 3250)
------
DAILY TOTAL ( 300)
2950
8/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/12/96 476.59 1429.77 2950
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 3 8/12/96 4.04 12.12 25
------
TOTAL BORROWINGS 2975
MATURITIES ( 2950)
------
DAILY TOTAL 25
2975
<PAGE>
8/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/13/96 480.63 480.63 2975
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/13/96 24.23 24.23 150
------
TOTAL BORROWINGS 3125
MATURITIES ( 2975)
------
DAILY TOTAL 150
3125
8/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/14/96 504.86 504.86 3125
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/14/96 4.04 4.04 25
------
TOTAL BORROWINGS 3150
MATURITIES ( 3125)
------
DAILY TOTAL 25
3150
8/14/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/15/96 436.20 436.20 2700
MATURITIES ( 3150)
------
DAILY TOTAL ( 450)
2700
8/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/16/96 416.01 416.01 2575
MATURITIES ( 2700)
------
DAILY TOTAL ( 125)
2575
8/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/19/96 416.01 1248.02 2575
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 3 8/19/96 16.16 48.47 100
------
TOTAL BORROWINGS 2675
MATURITIES ( 2575)
------
DAILY TOTAL 100
2675
8/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/20/96 432.16 432.16 2675
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/20/96 12.12 12.12 75
------
TOTAL BORROWINGS 2750
MATURITIES ( 2675)
------
DAILY TOTAL 75
2750
<PAGE>
8/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/21/96 403.89 403.89 2500
MATURITIES ( 2750)
------
DAILY TOTAL ( 250)
2500
8/21/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/22/96 403.89 403.89 2500
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/22/96 4.04 4.04 25
------
TOTAL BORROWINGS 2525
MATURITIES ( 2500)
------
DAILY TOTAL 25
2525
8/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/23/96 407.93 407.93 2525
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/23/96 20.19 20.19 125
------
TOTAL BORROWINGS 2650
MATURITIES ( 2525)
------
DAILY TOTAL 125
2650
8/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/26/96 387.73 1163.20 2400
MATURITIES ( 2650)
------
DAILY TOTAL ( 250)
2400
8/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/27/96 387.73 387.73 2400
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/27/96 36.35 36.35 225
------
TOTAL BORROWINGS 2625
MATURITIES ( 2400)
------
DAILY TOTAL 225
2625
8/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/28/96 424.08 424.08 2625
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/28/96 12.12 12.12 75
------
TOTAL BORROWINGS 2700
MATURITIES ( 2625)
------
DAILY TOTAL 75
2700
<PAGE>
8/28/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/29/96 424.08 424.08 2625
MATURITIES ( 2700)
------
DAILY TOTAL ( 75)
2625
8/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/30/96 399.85 399.85 2475
MATURITIES ( 2625)
------
DAILY TOTAL ( 150)
2475
8/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 2 9/ 1/96 399.85 799.70 2475
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 2 9/ 1/96 64.62 129.24 400
------
TOTAL BORROWINGS 2875
MATURITIES ( 2475)
------
DAILY TOTAL 400
2875
9/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 2 9/ 3/96 404.25 808.50 2475
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 2 9/ 3/96 65.33 130.67 400
------
TOTAL BORROWINGS 2875
MATURITIES ( 2875)
------
DAILY TOTAL 0
2875
9/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/ 4/96 469.58 469.58 2875
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/ 4/96 57.17 57.17 350
------
TOTAL BORROWINGS 3225
MATURITIES ( 2875)
------
DAILY TOTAL 350
3225
9/ 4/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/ 5/96 522.67 522.67 3200
MATURITIES ( 3225)
------
DAILY TOTAL ( 25)
3200
9/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/ 6/96 502.25 502.25 3075
MATURITIES ( 3200)
------
DAILY TOTAL ( 125)
3075
<PAGE>
9/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/ 9/96 424.67 1274.00 2600
MATURITIES ( 3075)
------
DAILY TOTAL ( 475)
2600
9/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/10/96 424.67 424.67 2600
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/10/96 16.33 16.33 100
------
TOTAL BORROWINGS 2700
MATURITIES ( 2600)
------
DAILY TOTAL 100
2700
9/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/11/96 441.00 441.00 2700
MATURITIES ( 2700)
------
DAILY TOTAL 0
2700
9/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/12/96 420.58 420.58 2575
MATURITIES ( 2700)
------
DAILY TOTAL ( 125)
2575
9/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/13/96 420.58 420.58 2575
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/13/96 16.33 16.33 100
------
TOTAL BORROWINGS 2675
MATURITIES ( 2575)
------
DAILY TOTAL 100
2675
9/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/16/96 432.83 1298.50 2650
MATURITIES ( 2675)
------
DAILY TOTAL ( 25)
2650
9/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/17/96 420.58 420.58 2575
MATURITIES ( 2650)
------
DAILY TOTAL ( 75)
2575
<PAGE>
9/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/18/96 371.58 371.58 2275
MATURITIES ( 2575)
------
DAILY TOTAL ( 300)
2275
9/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/19/96 371.58 371.58 2275
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/19/96 4.08 4.08 25
------
TOTAL BORROWINGS 2300
MATURITIES ( 2275)
------
DAILY TOTAL 25
2300
9/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/20/96 375.67 375.67 2300
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/20/96 57.17 57.17 350
------
TOTAL BORROWINGS 2650
MATURITIES ( 2300)
------
DAILY TOTAL 350
2650
9/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/23/96 392.00 1176.00 2400
MATURITIES ( 2650)
------
DAILY TOTAL ( 250)
2400
9/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/24/96 379.75 379.75 2325
MATURITIES ( 2400)
------
DAILY TOTAL ( 75)
2325
9/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/25/96 355.25 355.25 2175
MATURITIES ( 2325)
------
DAILY TOTAL ( 150)
2175
9/25/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/26/96 343.00 343.00 2100
MATURITIES ( 2175)
------
DAILY TOTAL ( 75)
2100
<PAGE>
9/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/27/96 322.58 322.58 1975
MATURITIES ( 2100)
------
DAILY TOTAL ( 125)
1975
9/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/30/96 298.08 894.25 1825
MATURITIES ( 1975)
------
DAILY TOTAL ( 150)
1825
9/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 10/ 1/96 298.08 298.08 1825
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 10/ 1/96 49.00 49.00 300
------
TOTAL BORROWINGS 2125
MATURITIES ( 1825)
------
DAILY TOTAL 300
2125
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/96 TO 9/30/96
--------------------
BORROWINGS AT 9/30/96 $ 2125000
</TABLE>
<PAGE>
<TABLE>
MASSACHUSETTS ELECTRIC COMPANY
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/96 48650
7/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/ 2/96 805.20 805.20 5375
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 1 7/ 2/96 644.16 644.16 4300
COMM PAP MER LYNCH NEW MONEY 5.460% 5.468% 10 7/11/96 379.17 3791.67 2500
COMM PAP 1 ST BOST ROLLOVER 5.450% 5.462% 14 7/15/96 1457.12 20399.65 9625
------
TOTAL BORROWINGS 21800
MATURITIES ( 15000)
------
DAILY TOTAL 6800
55450
7/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/ 3/96 1449.37 1449.37 9675
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 1 7/ 3/96 18.73 18.73 125
COMM PAP MER LYNCH ROLLOVER 5.490% 5.491% 1 7/ 3/96 632.87 632.87 4150
------
TOTAL BORROWINGS 13950
MATURITIES ( 16125)
------
DAILY TOTAL ( 2175)
53275
7/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 2 7/ 5/96 1303.31 2606.62 8700
COMM PAP MER LYNCH NEW MONEY 5.580% 5.582% 2 7/ 5/96 139.50 279.00 900
COMM PAP MER LYNCH ROLLOVER 5.580% 5.582% 2 7/ 5/96 643.25 1286.50 4150
------
TOTAL BORROWINGS 13750
MATURITIES ( 13950)
------
DAILY TOTAL ( 200)
53075
7/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 3 7/ 8/96 1175.97 3527.92 7850
COMM PAP MER LYNCH ROLLOVER 5.400% 5.403% 4 7/ 9/96 562.50 2250.00 3750
------
TOTAL BORROWINGS 11600
MATURITIES ( 13750)
------
DAILY TOTAL ( 2150)
50925
<PAGE>
7/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/ 9/96 1175.97 1175.97 7850
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 1 7/ 9/96 48.69 48.69 325
COMM PAP MER LYNCH ROLLOVER 5.400% 5.401% 1 7/ 9/96 435.00 435.00 2900
COMM PAP 1 ST BOST ROLLOVER 5.380% 5.383% 4 7/12/96 706.13 2824.50 4725
------
TOTAL BORROWINGS 15800
MATURITIES ( 15475)
------
DAILY TOTAL 325
51250
7/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/10/96 1224.66 1224.66 8175
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 1 7/10/96 119.84 119.84 800
COMM PAP MER LYNCH ROLLOVER 5.420% 5.427% 9 7/18/96 1001.19 9010.75 6650
COMM PAP 1 ST BOST NEW MONEY 5.250% 5.252% 2 7/11/96 262.50 525.00 1800
------
TOTAL BORROWINGS 17425
MATURITIES ( 14825)
------
DAILY TOTAL 2600
53850
7/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/11/96 1254.62 1254.62 8375
COMM PAP MER LYNCH ROLLOVER 5.350% 5.357% 9 7/19/96 720.76 6486.88 4850
------
TOTAL BORROWINGS 13225
MATURITIES ( 15925)
------
DAILY TOTAL ( 2700)
51150
7/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/12/96 1063.62 1063.62 7100
COMM PAP MER LYNCH ROLLOVER 5.350% 5.354% 5 7/16/96 371.53 1857.64 2500
COMM PAP MER LYNCH NEW MONEY 5.350% 5.354% 5 7/16/96 226.63 1133.16 1525
COMM PAP 1 ST BOST ROLLOVER 5.370% 5.379% 11 7/22/96 738.38 8122.13 4950
------
TOTAL BORROWINGS 16075
MATURITIES ( 15825)
------
DAILY TOTAL 250
51400
<PAGE>
7/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 3 7/15/96 1063.62 3190.86 7100
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 3 7/15/96 74.90 224.71 500
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.339% 11 7/23/96 699.56 7695.19 4725
COMM PAP 1 ST BOST NEW MONEY 5.330% 5.339% 11 7/23/96 114.74 1262.17 775
------
TOTAL BORROWINGS 13100
MATURITIES ( 11825)
------
DAILY TOTAL 1275
52675
7/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/16/96 1138.52 1138.52 7600
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 1 7/16/96 116.10 116.10 775
COMM PAP 1 ST BOST ROLLOVER 5.370% 5.377% 9 7/24/96 1204.52 10840.69 8075
------
TOTAL BORROWINGS 16450
MATURITIES ( 17225)
------
DAILY TOTAL ( 775)
51900
7/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/17/96 1254.62 1254.62 8375
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 1 7/17/96 258.41 258.41 1725
COMM PAP MER LYNCH ROLLOVER 5.420% 5.427% 9 7/25/96 865.69 7791.25 5750
------
TOTAL BORROWINGS 15850
MATURITIES ( 17400)
------
DAILY TOTAL ( 1550)
50350
7/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/18/96 1411.92 1411.92 9425
COMM PAP 1 ST BOST ROLLOVER 5.380% 5.387% 9 7/26/96 650.08 5850.75 4350
------
TOTAL BORROWINGS 13775
MATURITIES ( 14575)
------
DAILY TOTAL ( 800)
49550
7/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/19/96 1366.98 1366.98 9125
COMM PAP MER LYNCH ROLLOVER 5.400% 5.409% 11 7/29/96 997.50 10972.50 6650
COMM PAP MER LYNCH NEW MONEY 5.400% 5.409% 11 7/29/96 135.00 1485.00 900
------
TOTAL BORROWINGS 16675
MATURITIES ( 16075)
------
DAILY TOTAL 600
50150
<PAGE>
7/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 3 7/22/96 1366.98 4100.93 9125
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 3 7/22/96 149.81 449.42 1000
COMM PAP MER LYNCH ROLLOVER 5.370% 5.379% 11 7/30/96 723.46 7958.04 4850
COMM PAP MER LYNCH NEW MONEY 5.370% 5.379% 11 7/30/96 167.81 1845.94 1125
------
TOTAL BORROWINGS 16100
MATURITIES ( 13975)
------
DAILY TOTAL 2125
52275
7/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/23/96 1393.19 1393.19 9300
COMM PAP 1 ST BOST NEW MONEY 5.330% 5.337% 9 7/31/96 566.31 5096.81 3825
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.338% 10 8/ 1/96 732.88 7328.75 4950
------
TOTAL BORROWINGS 18075
MATURITIES ( 15075)
------
DAILY TOTAL 3000
55275
7/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/24/96 1393.19 1393.19 9300
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 1 7/24/96 7.49 7.49 50
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.308% 10 8/ 2/96 809.72 8097.22 5500
------
TOTAL BORROWINGS 14850
MATURITIES ( 14800)
------
DAILY TOTAL 50
55325
7/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/25/96 1396.94 1396.94 9325
COMM PAP 1 ST BOST NEW MONEY 5.330% 5.340% 13 8/ 6/96 288.71 3753.21 1950
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.339% 12 8/ 5/96 1195.55 14346.58 8075
------
TOTAL BORROWINGS 19350
MATURITIES ( 17425)
------
DAILY TOTAL 1925
57250
7/25/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/26/96 1396.94 1396.94 9325
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 1 7/26/96 52.43 52.43 350
COMM PAP MER LYNCH NEW MONEY 5.340% 5.350% 13 8/ 7/96 363.42 4724.42 2450
COMM PAP MER LYNCH ROLLOVER 5.340% 5.350% 12 8/ 6/96 852.92 10235.00 5750
------
TOTAL BORROWINGS 17875
MATURITIES ( 15075)
------
DAILY TOTAL 2800
60050
<PAGE>
7/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 3 7/29/96 1434.39 4303.16 9575
COMM PAP 1 ST BOST NEW MONEY 5.350% 5.360% 12 8/ 7/96 252.64 3031.67 1700
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.360% 13 8/ 8/96 646.46 8403.96 4350
------
TOTAL BORROWINGS 15625
MATURITIES ( 14025)
------
DAILY TOTAL 1600
61650
7/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/30/96 1183.46 1183.46 7900
COMM PAP MER LYNCH ROLLOVER 5.420% 5.429% 11 8/ 9/96 1102.82 12131.01 7325
------
TOTAL BORROWINGS 15225
MATURITIES ( 17125)
------
DAILY TOTAL ( 1900)
59750
7/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 7/31/96 1175.97 1175.97 7850
COMM PAP MER LYNCH ROLLOVER 5.370% 5.371% 1 7/31/96 671.25 671.25 4500
------
TOTAL BORROWINGS 12350
MATURITIES ( 13875)
------
DAILY TOTAL ( 1525)
58225
7/31/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.393% 5.393% 1 8/ 1/96 1175.97 1175.97 7850
MONEYPOOL MONEYPOOL NEW MONEY 5.393% 5.393% 1 8/ 1/96 22.47 22.47 150
COMM PAP MER LYNCH ROLLOVER 5.490% 5.496% 7 8/ 7/96 758.69 5310.81 4975
------
TOTAL BORROWINGS 12975
MATURITIES ( 16175)
------
DAILY TOTAL ( 3200)
55025
8/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/ 2/96 1148.66 1148.66 7725
COMM PAP MER LYNCH NEW MONEY 5.430% 5.439% 11 8/12/96 252.65 2779.10 1675
COMM PAP 1 ST BOST ROLLOVER 5.520% 5.521% 1 8/ 2/96 759.00 759.00 4950
------
TOTAL BORROWINGS 14350
MATURITIES ( 12950)
------
DAILY TOTAL 1400
56425
<PAGE>
8/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 3 8/ 5/96 1059.45 3178.34 7125
COMM PAP MER LYNCH NEW MONEY 5.420% 5.428% 10 8/12/96 952.26 9522.64 6325
COMM PAP 1 ST BOST ROLLOVER 5.420% 5.429% 11 8/13/96 1573.31 17306.36 10450
------
TOTAL BORROWINGS 23900
MATURITIES ( 18175)
------
DAILY TOTAL 5725
62150
8/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/ 6/96 1022.27 1022.27 6875
COMM PAP 1 ST BOST ROLLOVER 5.370% 5.377% 9 8/14/96 1204.52 10840.69 8075
COMM PAP MER LYNCH NEW MONEY 5.420% 5.422% 3 8/ 8/96 259.71 779.13 1725
------
TOTAL BORROWINGS 16675
MATURITIES ( 15200)
------
DAILY TOTAL 1475
63625
8/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/ 7/96 1022.27 1022.27 6875
MONEYPOOL MONEYPOOL NEW MONEY 5.353% 5.353% 1 8/ 7/96 130.11 130.11 875
COMM PAP MER LYNCH ROLLOVER 5.300% 5.305% 7 8/13/96 787.64 5513.47 5350
------
TOTAL BORROWINGS 13100
MATURITIES ( 14575)
------
DAILY TOTAL ( 1475)
62150
8/ 7/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/ 8/96 1152.38 1152.38 7750
MONEYPOOL MONEYPOOL NEW MONEY 5.353% 5.353% 1 8/ 8/96 11.15 11.15 75
COMM PAP MER LYNCH ROLLOVER 5.270% 5.275% 7 8/14/96 406.23 2843.60 2775
------
TOTAL BORROWINGS 10600
MATURITIES ( 16875)
------
DAILY TOTAL ( 6275)
55875
8/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/ 9/96 1163.53 1163.53 7825
COMM PAP MER LYNCH ROLLOVER 5.250% 5.255% 6 8/14/96 251.56 1509.38 1725
COMM PAP 1 ST BOST ROLLOVER 5.180% 5.181% 1 8/ 9/96 302.17 302.17 2100
------
TOTAL BORROWINGS 11650
MATURITIES ( 13900)
------
DAILY TOTAL ( 2250)
53625
<PAGE>
8/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 3 8/12/96 1163.53 3490.60 7825
MONEYPOOL MONEYPOOL NEW MONEY 5.353% 5.353% 3 8/12/96 104.09 312.26 700
COMM PAP MER LYNCH ROLLOVER 5.270% 5.275% 6 8/15/96 1021.06 6126.38 6975
COMM PAP 1 ST BOST ROLLOVER 5.170% 5.172% 3 8/12/96 143.61 430.83 1000
------
TOTAL BORROWINGS 16500
MATURITIES ( 17250)
------
DAILY TOTAL ( 750)
52875
8/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/13/96 1185.84 1185.84 7975
COMM PAP MER LYNCH NEW MONEY 5.340% 5.346% 7 8/19/96 400.50 2803.50 2700
COMM PAP MER LYNCH ROLLOVER 5.340% 5.343% 4 8/16/96 1186.67 4746.67 8000
COMM PAP 1 ST BOST ROLLOVER 5.310% 5.312% 3 8/15/96 147.50 442.50 1000
------
TOTAL BORROWINGS 19675
MATURITIES ( 17525)
------
DAILY TOTAL 2150
55025
8/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/14/96 1182.12 1182.12 7950
COMM PAP MER LYNCH ROLLOVER 5.350% 5.356% 7 8/20/96 795.07 5565.49 5350
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.325% 6 8/19/96 971.64 5829.83 6575
------
TOTAL BORROWINGS 19875
MATURITIES ( 23775)
------
DAILY TOTAL ( 3900)
51125
8/14/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/15/96 1182.12 1182.12 7950
MONEYPOOL MONEYPOOL NEW MONEY 5.353% 5.353% 1 8/15/96 115.24 115.24 775
COMM PAP 1 ST BOST ROLLOVER 5.340% 5.346% 7 8/21/96 897.42 6281.92 6050
------
TOTAL BORROWINGS 14775
MATURITIES ( 20525)
------
DAILY TOTAL ( 5750)
45375
<PAGE>
8/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/16/96 1297.36 1297.36 8725
MONEYPOOL MONEYPOOL NEW MONEY 5.353% 5.353% 1 8/16/96 204.45 204.45 1375
COMM PAP MER LYNCH ROLLOVER 5.380% 5.386% 7 8/22/96 904.14 6328.97 6050
COMM PAP 1 ST BOST ROLLOVER 5.390% 5.394% 5 8/20/96 149.72 748.61 1000
------
TOTAL BORROWINGS 17150
MATURITIES ( 16700)
------
DAILY TOTAL 450
45825
8/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 3 8/19/96 1501.81 4505.44 10100
MONEYPOOL MONEYPOOL NEW MONEY 5.353% 5.353% 3 8/19/96 33.46 100.37 225
COMM PAP MER LYNCH ROLLOVER 5.330% 5.336% 7 8/23/96 1184.44 8291.11 8000
COMM PAP MER LYNCH NEW MONEY 5.330% 5.336% 7 8/23/96 210.98 1476.85 1425
------
TOTAL BORROWINGS 19750
MATURITIES ( 18100)
------
DAILY TOTAL 1650
47475
8/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/20/96 1505.53 1505.53 10125
COMM PAP MER LYNCH ROLLOVER 5.280% 5.281% 1 8/20/96 396.00 396.00 2700
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.336% 7 8/26/96 821.71 5751.96 5550
------
TOTAL BORROWINGS 18375
MATURITIES ( 19600)
------
DAILY TOTAL ( 1225)
46250
8/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/21/96 1505.53 1505.53 10125
MONEYPOOL MONEYPOOL NEW MONEY 5.353% 5.353% 1 8/21/96 7.43 7.43 50
COMM PAP MER LYNCH ROLLOVER 5.290% 5.295% 7 8/27/96 822.89 5760.22 5600
------
TOTAL BORROWINGS 15775
MATURITIES ( 19175)
------
DAILY TOTAL ( 3400)
42850
8/21/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/22/96 1382.86 1382.86 9300
COMM PAP 1 ST BOST ROLLOVER 5.250% 5.255% 7 8/28/96 882.29 6176.04 6050
------
TOTAL BORROWINGS 15350
MATURITIES ( 16225)
------
DAILY TOTAL ( 875)
41975
<PAGE>
8/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/23/96 1323.38 1323.38 8900
COMM PAP MER LYNCH ROLLOVER 5.280% 5.285% 7 8/29/96 887.33 6211.33 6050
COMM PAP MER LYNCH NEW MONEY 5.280% 5.285% 7 8/29/96 117.33 821.33 800
------
TOTAL BORROWINGS 15750
MATURITIES ( 15350)
------
DAILY TOTAL 400
42375
8/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 3 8/26/96 1323.38 3970.14 8900
MONEYPOOL MONEYPOOL NEW MONEY 5.353% 5.353% 3 8/26/96 226.76 680.28 1525
COMM PAP MER LYNCH ROLLOVER 5.250% 5.255% 7 8/30/96 1246.88 8728.13 8550
------
TOTAL BORROWINGS 18975
MATURITIES ( 18325)
------
DAILY TOTAL 650
43025
8/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/27/96 1371.71 1371.71 9225
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.336% 8 9/ 3/96 821.71 6573.67 5550
COMM PAP 1 ST BOST NEW MONEY 5.330% 5.336% 8 9/ 3/96 236.89 1895.11 1600
------
TOTAL BORROWINGS 16375
MATURITIES ( 15975)
------
DAILY TOTAL 400
43425
8/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/28/96 1371.71 1371.71 9225
MONEYPOOL MONEYPOOL NEW MONEY 5.353% 5.353% 1 8/28/96 44.61 44.61 300
COMM PAP MER LYNCH ROLLOVER 5.360% 5.366% 8 9/ 4/96 833.78 6670.22 5600
COMM PAP MER LYNCH NEW MONEY 5.360% 5.366% 8 9/ 4/96 115.39 923.11 775
------
TOTAL BORROWINGS 15900
MATURITIES ( 14825)
------
DAILY TOTAL 1075
44500
8/28/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/29/96 1401.45 1401.45 9425
COMM PAP 1 ST BOST ROLLOVER 5.380% 5.386% 8 9/ 5/96 246.58 1972.67 1650
------
TOTAL BORROWINGS 11075
MATURITIES ( 15575)
------
DAILY TOTAL ( 4500)
40000
<PAGE>
8/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 1 8/30/96 1323.38 1323.38 8900
COMM PAP MER LYNCH ROLLOVER 5.370% 5.376% 7 9/ 5/96 428.85 3001.98 2875
------
TOTAL BORROWINGS 11775
MATURITIES ( 16275)
------
DAILY TOTAL ( 4500)
35500
8/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.353% 5.353% 2 9/ 1/96 1085.47 2170.94 7300
COMM PAP MER LYNCH ROLLOVER 5.360% 5.366% 7 9/ 6/96 684.89 4794.22 4600
------
TOTAL BORROWINGS 11900
MATURITIES ( 17450)
------
DAILY TOTAL ( 5550)
29950
9/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 2 9/ 3/96 1085.06 2170.13 7300
MATURITIES ( 7300)
------
DAILY TOTAL 0
29950
9/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/ 4/96 1036.76 1036.76 6975
COMM PAP MER LYNCH NEW MONEY 5.480% 5.486% 7 9/10/96 909.53 6366.69 5975
COMM PAP 1 ST BOST ROLLOVER 5.450% 5.455% 6 9/ 9/96 1082.43 6494.58 7150
------
TOTAL BORROWINGS 20100
MATURITIES ( 14450)
------
DAILY TOTAL 5650
35600
9/ 4/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/ 5/96 984.73 984.73 6625
COMM PAP MER LYNCH ROLLOVER 5.380% 5.381% 1 9/ 5/96 616.46 616.46 4125
------
TOTAL BORROWINGS 10750
MATURITIES ( 13350)
------
DAILY TOTAL ( 2600)
33000
<PAGE>
9/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/ 6/96 943.86 943.86 6350
COMM PAP MER LYNCH ROLLOVER 5.350% 5.355% 6 9/11/96 646.46 3878.75 4350
------
TOTAL BORROWINGS 10700
MATURITIES ( 15275)
------
DAILY TOTAL ( 4575)
28425
9/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 3 9/ 9/96 943.86 2831.57 6350
MONEYPOOL MONEYPOOL NEW MONEY 5.351% 5.351% 3 9/ 9/96 144.92 434.77 975
COMM PAP MER LYNCH ROLLOVER 5.250% 5.255% 6 9/12/96 670.83 4025.00 4600
------
TOTAL BORROWINGS 11925
MATURITIES ( 10950)
------
DAILY TOTAL 975
29400
9/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/10/96 1081.35 1081.35 7275
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.323% 4 9/13/96 886.67 3546.67 6000
------
TOTAL BORROWINGS 13275
MATURITIES ( 14475)
------
DAILY TOTAL ( 1200)
28200
9/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/11/96 1081.35 1081.35 7275
MONEYPOOL MONEYPOOL NEW MONEY 5.351% 5.351% 1 9/11/96 193.23 193.23 1300
COMM PAP MER LYNCH ROLLOVER 5.320% 5.325% 6 9/16/96 882.97 5297.83 5975
COMM PAP MER LYNCH NEW MONEY 5.320% 5.325% 6 9/16/96 284.47 1706.83 1925
------
TOTAL BORROWINGS 16475
MATURITIES ( 13250)
------
DAILY TOTAL 3225
31425
9/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/12/96 1226.27 1226.27 8250
COMM PAP MER LYNCH ROLLOVER 5.350% 5.355% 6 9/17/96 646.46 3878.75 4350
COMM PAP MER LYNCH NEW MONEY 5.350% 5.355% 6 9/17/96 66.87 401.25 450
------
TOTAL BORROWINGS 13050
MATURITIES ( 12925)
------
DAILY TOTAL 125
31550
<PAGE>
9/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/13/96 1226.27 1226.27 8250
COMM PAP MER LYNCH ROLLOVER 5.320% 5.325% 6 9/18/96 580.03 3480.17 3925
------
TOTAL BORROWINGS 12175
MATURITIES ( 12850)
------
DAILY TOTAL ( 675)
30875
9/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 3 9/16/96 1226.27 3678.81 8250
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.305% 6 9/19/96 555.76 3334.58 3775
------
TOTAL BORROWINGS 12025
MATURITIES ( 14250)
------
DAILY TOTAL ( 2225)
28650
9/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/17/96 1140.80 1140.80 7675
COMM PAP MER LYNCH ROLLOVER 5.530% 5.531% 1 9/17/96 1213.53 1213.53 7900
COMM PAP 1 ST BOST NEW MONEY 5.400% 5.402% 2 9/18/96 1481.25 2962.50 9875
------
TOTAL BORROWINGS 25450
MATURITIES ( 16150)
------
DAILY TOTAL 9300
37950
9/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/18/96 1140.80 1140.80 7675
MONEYPOOL MONEYPOOL NEW MONEY 5.351% 5.351% 1 9/18/96 1661.04 1661.04 11175
------
TOTAL BORROWINGS 18850
MATURITIES ( 20375)
------
DAILY TOTAL ( 1525)
36425
9/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/19/96 1047.90 1047.90 7050
COMM PAP MER LYNCH NEW MONEY 5.250% 5.254% 5 9/23/96 1057.29 5286.46 7250
COMM PAP MER LYNCH ROLLOVER 5.120% 5.121% 1 9/19/96 558.22 558.22 3925
COMM PAP 1 ST BOST NEW MONEY 5.200% 5.205% 6 9/24/96 523.61 3141.67 3625
COMM PAP 1 ST BOST ROLLOVER 5.150% 5.151% 2 9/20/96 1412.67 2825.35 9875
------
TOTAL BORROWINGS 31725
MATURITIES ( 32650)
------
DAILY TOTAL ( 925)
35500
<PAGE>
9/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/20/96 1047.90 1047.90 7050
COMM PAP MER LYNCH NEW MONEY 5.250% 5.255% 6 9/25/96 455.73 2734.38 3125
COMM PAP MER LYNCH ROLLOVER 5.240% 5.244% 5 9/24/96 571.31 2856.53 3925
COMM PAP 1 ST BOST ROLLOVER 5.125% 5.129% 6 9/25/96 537.41 3224.48 3775
------
TOTAL BORROWINGS 17875
MATURITIES ( 14750)
------
DAILY TOTAL 3125
38625
9/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 3 9/23/96 1047.90 3143.71 7050
MONEYPOOL MONEYPOOL NEW MONEY 5.351% 5.351% 3 9/23/96 100.33 300.99 675
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.305% 6 9/26/96 467.43 2804.58 3175
------
TOTAL BORROWINGS 10900
MATURITIES ( 16925)
------
DAILY TOTAL ( 6025)
32600
9/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/24/96 1036.76 1036.76 6975
COMM PAP MER LYNCH ROLLOVER 5.450% 5.453% 4 9/27/96 533.65 2134.58 3525
------
TOTAL BORROWINGS 10500
MATURITIES ( 14975)
------
DAILY TOTAL ( 4475)
28125
9/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/25/96 1036.76 1036.76 6975
MONEYPOOL MONEYPOOL NEW MONEY 5.351% 5.351% 1 9/25/96 33.44 33.44 225
COMM PAP MER LYNCH ROLLOVER 5.560% 5.566% 7 10/ 1/96 362.94 2540.61 2350
COMM PAP 1 ST BOST ROLLOVER 5.500% 5.505% 6 9/30/96 313.19 1879.17 2050
------
TOTAL BORROWINGS 11600
MATURITIES ( 14525)
------
DAILY TOTAL ( 2925)
25200
<PAGE>
9/25/96:
MONEYPOOL MONEYPOOL NEW MONEY 5.351% 5.351% 1 9/26/96 92.90 92.90 625
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 9/26/96 1070.20 1070.20 7200
COMM PAP MER LYNCH ROLLOVER 5.420% 5.426% 7 10/ 2/96 470.49 3293.40 3125
COMM PAP MER LYNCH NEW MONEY 5.420% 5.426% 7 10/ 2/96 233.36 1633.53 1550
COMM PAP 1 ST BOST ROLLOVER 5.420% 5.427% 8 10/ 3/96 568.35 4546.78 3775
------
TOTAL BORROWINGS 16275
MATURITIES ( 14100)
------
DAILY TOTAL 2175
27375
9/26/96:
MONEYPOOL MONEYPOOL NEW MONEY 5.351% 5.351% 1 9/27/96 836.09 836.09 5625
MATURITIES ( 11000)
------
DAILY TOTAL ( 5375)
22000
9/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 3 9/30/96 836.09 2508.28 5625
COMM PAP MER LYNCH ROLLOVER 5.470% 5.476% 7 10/ 4/96 493.82 3456.74 3250
------
TOTAL BORROWINGS 8875
MATURITIES ( 9150)
------
DAILY TOTAL ( 275)
21725
9/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.351% 5.351% 1 10/ 1/96 836.09 836.09 5625
MONEYPOOL MONEYPOOL NEW MONEY 5.351% 5.351% 1 10/ 1/96 248.97 248.97 1675
COMM PAP 1 ST BOST ROLLOVER 5.850% 5.851% 1 10/ 1/96 333.13 333.13 2050
COMM PAP 1 ST BOST NEW MONEY 5.850% 5.851% 1 10/ 1/96 113.75 113.75 700
------
TOTAL BORROWINGS 10050
MATURITIES ( 7675)
------
DAILY TOTAL 2375
24100
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/96 TO 9/30/96
--------------------
BORROWINGS AT 9/30/96 $ 24100000
</TABLE>
<PAGE>
<TABLE>
Nantucket Electric Company
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/96 2025
7/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/ 2/96 36.74 36.74 225
MATURITIES ( 325)
------
DAILY TOTAL ( 100)
1925
7/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/ 3/96 32.66 32.66 200
MATURITIES ( 225)
------
DAILY TOTAL ( 25)
1900
7/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 2 7/ 5/96 24.49 48.98 150
MATURITIES ( 200)
------
DAILY TOTAL ( 50)
1850
7/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/ 8/96 24.49 73.47 150
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 3 7/ 8/96 20.41 61.23 125
------
TOTAL BORROWINGS 275
MATURITIES ( 150)
------
DAILY TOTAL 125
1975
7/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/ 9/96 44.90 44.90 275
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/ 9/96 8.16 8.16 50
------
TOTAL BORROWINGS 325
MATURITIES ( 275)
------
DAILY TOTAL 50
2025
<PAGE>
7/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/10/96 53.07 53.07 325
MATURITIES ( 325)
------
DAILY TOTAL 0
2025
7/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/11/96 24.49 24.49 150
MATURITIES ( 325)
------
DAILY TOTAL ( 175)
1850
7/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/12/96 8.16 8.16 50
MATURITIES ( 150)
------
DAILY TOTAL ( 100)
1750
7/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/15/96 8.16 24.49 50
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 3 7/15/96 24.49 73.47 150
------
TOTAL BORROWINGS 200
MATURITIES ( 50)
------
DAILY TOTAL 150
1900
7/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/16/96 24.49 24.49 150
MATURITIES ( 200)
------
DAILY TOTAL ( 50)
1850
7/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/17/96 24.49 24.49 150
MATURITIES ( 150)
------
DAILY TOTAL 0
1850
7/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/18/96 24.49 24.49 150
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/18/96 12.25 12.25 75
------
TOTAL BORROWINGS 225
MATURITIES ( 150)
------
DAILY TOTAL 75
1925
<PAGE>
7/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/19/96 24.49 24.49 150
MATURITIES ( 225)
------
DAILY TOTAL ( 75)
1850
7/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/22/96 24.49 73.47 150
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 3 7/22/96 16.33 48.98 100
------
TOTAL BORROWINGS 250
MATURITIES ( 150)
------
DAILY TOTAL 100
1950
7/22/96:
MATURITIES ( 250)
1700
7/23/96:
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/24/96 32.66 32.66 200
1900
7/24/96:
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/25/96 12.25 12.25 75
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/25/96 32.66 32.66 200
BK NOTE FNBB ROLLOVER 5.938% 5.938% 30 8/23/96 247.40 7421.88 1500
------
TOTAL BORROWINGS 1775
MATURITIES ( 1900)
------
DAILY TOTAL ( 125)
1775
7/25/96:
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/26/96 16.33 16.33 100
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/26/96 44.90 44.90 275
------
TOTAL BORROWINGS 375
MATURITIES ( 275)
------
DAILY TOTAL 100
1875
7/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/29/96 57.15 171.44 350
MATURITIES ( 375)
------
DAILY TOTAL ( 25)
1850
<PAGE>
7/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/30/96 48.98 48.98 300
MATURITIES ( 350)
------
DAILY TOTAL ( 50)
1800
7/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/31/96 48.98 48.98 300
MATURITIES ( 300)
------
DAILY TOTAL 0
1800
7/31/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 8/ 1/96 24.49 24.49 150
MATURITIES ( 300)
------
DAILY TOTAL ( 150)
1650
8/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 2/96 24.23 24.23 150
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/ 2/96 28.27 28.27 175
------
TOTAL BORROWINGS 325
MATURITIES ( 150)
------
DAILY TOTAL 175
1825
8/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/ 5/96 48.47 145.40 300
MATURITIES ( 325)
------
DAILY TOTAL ( 25)
1800
8/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 6/96 36.35 36.35 225
MATURITIES ( 300)
------
DAILY TOTAL ( 75)
1725
8/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 7/96 36.35 36.35 225
MATURITIES ( 225)
------
DAILY TOTAL 0
1725
<PAGE>
8/ 7/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 8/96 20.19 20.19 125
MATURITIES ( 225)
------
DAILY TOTAL ( 100)
1625
8/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 9/96 12.12 12.12 75
MATURITIES ( 125)
------
DAILY TOTAL ( 50)
1575
8/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/12/96 12.12 36.35 75
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 3 8/12/96 36.35 109.05 225
------
TOTAL BORROWINGS 300
MATURITIES ( 75)
------
DAILY TOTAL 225
1800
8/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/13/96 36.35 36.35 225
MATURITIES ( 300)
------
DAILY TOTAL ( 75)
1725
8/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/14/96 32.31 32.31 200
MATURITIES ( 225)
------
DAILY TOTAL ( 25)
1700
8/14/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/15/96 12.12 12.12 75
MATURITIES ( 200)
------
DAILY TOTAL ( 125)
1575
8/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/16/96 12.12 12.12 75
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/16/96 36.35 36.35 225
------
TOTAL BORROWINGS 300
MATURITIES ( 75)
------
DAILY TOTAL 225
1800
<PAGE>
8/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/19/96 48.47 145.40 300
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 3 8/19/96 16.16 48.47 100
------
TOTAL BORROWINGS 400
MATURITIES ( 300)
------
DAILY TOTAL 100
1900
8/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/20/96 64.62 64.62 400
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/20/96 8.08 8.08 50
------
TOTAL BORROWINGS 450
MATURITIES ( 400)
------
DAILY TOTAL 50
1950
8/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/21/96 64.62 64.62 400
MATURITIES ( 450)
------
DAILY TOTAL ( 50)
1900
8/21/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/22/96 52.51 52.51 325
MATURITIES ( 400)
------
DAILY TOTAL ( 75)
1825
8/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/23/96 36.35 36.35 225
MATURITIES ( 325)
------
DAILY TOTAL ( 100)
1725
8/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/26/96 36.35 109.05 225
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 3 8/26/96 28.27 84.82 175
BK NOTE FNBB ROLLOVER 5.875% 5.875% 30 9/22/96 212.15 6364.58 1300
------
TOTAL BORROWINGS 1700
MATURITIES ( 1725)
------
DAILY TOTAL ( 25)
1700
<PAGE>
8/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/27/96 60.58 60.58 375
MATURITIES ( 400)
------
DAILY TOTAL ( 25)
1675
8/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/28/96 60.58 60.58 375
MATURITIES ( 375)
------
DAILY TOTAL 0
1675
8/28/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/29/96 56.54 56.54 350
MATURITIES ( 375)
------
DAILY TOTAL ( 25)
1650
8/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/30/96 56.54 56.54 350
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/30/96 44.43 44.43 275
------
TOTAL BORROWINGS 625
MATURITIES ( 350)
------
DAILY TOTAL 275
1925
8/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 2 9/ 1/96 100.97 201.94 625
MATURITIES ( 625)
------
DAILY TOTAL 0
1925
9/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 2 9/ 3/96 102.08 204.17 625
MATURITIES ( 625)
------
DAILY TOTAL 0
1925
9/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/ 4/96 98.00 98.00 600
MATURITIES ( 625)
------
DAILY TOTAL ( 25)
1900
<PAGE>
9/ 4/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/ 5/96 93.92 93.92 575
MATURITIES ( 600)
------
DAILY TOTAL ( 25)
1875
9/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/ 6/96 85.75 85.75 525
MATURITIES ( 575)
------
DAILY TOTAL ( 50)
1825
9/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/ 9/96 85.75 257.25 525
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 3 9/ 9/96 8.17 24.50 50
------
TOTAL BORROWINGS 575
MATURITIES ( 525)
------
DAILY TOTAL 50
1875
9/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/10/96 73.50 73.50 450
MATURITIES ( 575)
------
DAILY TOTAL ( 125)
1750
9/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/11/96 65.33 65.33 400
MATURITIES ( 450)
------
DAILY TOTAL ( 50)
1700
9/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/12/96 44.92 44.92 275
MATURITIES ( 400)
------
DAILY TOTAL ( 125)
1575
9/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/13/96 44.92 44.92 275
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/13/96 20.42 20.42 125
------
TOTAL BORROWINGS 400
MATURITIES ( 275)
------
DAILY TOTAL 125
1700
<PAGE>
9/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/16/96 65.33 196.00 400
MATURITIES ( 400)
------
DAILY TOTAL 0
1700
9/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/17/96 65.33 65.33 400
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/17/96 53.08 53.08 325
------
TOTAL BORROWINGS 725
MATURITIES ( 400)
------
DAILY TOTAL 325
2025
9/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/18/96 98.00 98.00 600
MATURITIES ( 725)
------
DAILY TOTAL ( 125)
1900
9/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/19/96 89.83 89.83 550
MATURITIES ( 600)
------
DAILY TOTAL ( 50)
1850
9/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/20/96 73.50 73.50 450
MATURITIES ( 550)
------
DAILY TOTAL ( 100)
1750
9/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/23/96 73.50 220.50 450
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 3 9/23/96 12.25 36.75 75
------
TOTAL BORROWINGS 525
MATURITIES ( 450)
------
DAILY TOTAL 75
1825
9/22/96:
MATURITIES ( 1300)
525
<PAGE>
9/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/24/96 81.67 81.67 500
BK NOTE FNBB ROLLOVER 6.000% 6.000% 30 10/23/96 216.67 6500.00 1300
------
TOTAL BORROWINGS 1800
MATURITIES ( 525)
------
DAILY TOTAL 1275
1800
9/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/25/96 69.42 69.42 425
MATURITIES ( 500)
------
DAILY TOTAL ( 75)
1725
9/25/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/26/96 53.08 53.08 325
MATURITIES ( 425)
------
DAILY TOTAL ( 100)
1625
9/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/27/96 44.92 44.92 275
MATURITIES ( 325)
------
DAILY TOTAL ( 50)
1575
9/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/30/96 44.92 134.75 275
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 3 9/30/96 36.75 110.25 225
------
TOTAL BORROWINGS 500
MATURITIES ( 275)
------
DAILY TOTAL 225
1800
9/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 10/ 1/96 81.67 81.67 500
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 10/ 1/96 24.50 24.50 150
------
TOTAL BORROWINGS 650
MATURITIES ( 500)
------
DAILY TOTAL 150
1950
<PAGE>
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/96 TO 9/30/96
--------------------
BORROWINGS AT 9/30/96 $ 1950000
</TABLE>
<PAGE>
<TABLE>
THE NARRAGANSETT ELECTRIC COMPANY
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/96 17375
7/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/ 2/96 803.71 803.71 5375
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 1 7/ 2/96 642.97 642.97 4300
COMM PAP 1 ST BOST ROLLOVER 5.470% 5.471% 1 7/ 2/96 615.38 615.38 4050
------
TOTAL BORROWINGS 13725
MATURITIES ( 10000)
------
DAILY TOTAL 3725
21100
7/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/ 3/96 1446.68 1446.68 9675
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 1 7/ 3/96 14.95 14.95 100
COMM PAP 1 ST BOST ROLLOVER 5.450% 5.451% 1 7/ 3/96 514.72 514.72 3400
------
TOTAL BORROWINGS 13175
MATURITIES ( 13725)
------
DAILY TOTAL ( 550)
20550
7/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 2 7/ 5/96 1300.89 2601.78 8700
COMM PAP 1 ST BOST ROLLOVER 5.650% 5.652% 2 7/ 5/96 521.84 1043.68 3325
------
TOTAL BORROWINGS 12025
MATURITIES ( 13175)
------
DAILY TOTAL ( 1150)
19400
<PAGE>
7/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 3 7/ 8/96 1173.79 3521.38 7850
COMM PAP 1 ST BOST ROLLOVER 5.400% 5.403% 4 7/ 9/96 480.00 1920.00 3200
------
TOTAL BORROWINGS 11050
MATURITIES ( 12025)
------
DAILY TOTAL ( 975)
18425
7/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/ 9/96 1173.79 1173.79 7850
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 1 7/ 9/96 48.60 48.60 325
COMM PAP MER LYNCH ROLLOVER 5.430% 5.432% 3 7/11/96 592.02 1776.06 3925
COMM PAP MER LYNCH NEW MONEY 5.430% 5.432% 3 7/11/96 105.58 316.75 700
------
TOTAL BORROWINGS 12800
MATURITIES ( 11775)
------
DAILY TOTAL 1025
19450
7/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/10/96 1222.39 1222.39 8175
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 1 7/10/96 22.43 22.43 150
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.302% 3 7/12/96 471.11 1413.33 3200
------
TOTAL BORROWINGS 11525
MATURITIES ( 11375)
------
DAILY TOTAL 150
19600
7/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/11/96 1155.10 1155.10 7725
COMM PAP 1 ST BOST ROLLOVER 5.280% 5.284% 5 7/15/96 414.33 2071.67 2825
------
TOTAL BORROWINGS 10550
MATURITIES ( 11775)
------
DAILY TOTAL ( 1225)
18375
7/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/12/96 1102.77 1102.77 7375
COMM PAP MER LYNCH ROLLOVER 5.350% 5.354% 5 7/16/96 687.33 3436.63 4625
------
TOTAL BORROWINGS 12000
MATURITIES ( 12350)
------
DAILY TOTAL ( 350)
18025
<PAGE>
7/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 3 7/15/96 1102.77 3308.30 7375
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 3 7/15/96 33.64 100.93 225
COMM PAP 1 ST BOST ROLLOVER 5.280% 5.284% 5 7/17/96 469.33 2346.67 3200
COMM PAP 1 ST BOST NEW MONEY 5.280% 5.284% 5 7/17/96 66.00 330.00 450
------
TOTAL BORROWINGS 11250
MATURITIES ( 10575)
------
DAILY TOTAL 675
18700
7/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/16/96 1136.41 1136.41 7600
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 1 7/16/96 119.62 119.62 800
COMM PAP 1 ST BOST ROLLOVER 5.380% 5.382% 2 7/17/96 201.75 403.50 1350
------
TOTAL BORROWINGS 9750
MATURITIES ( 10425)
------
DAILY TOTAL ( 675)
18025
7/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/17/96 1256.03 1256.03 8400
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 1 7/17/96 257.94 257.94 1725
COMM PAP MER LYNCH ROLLOVER 5.400% 5.402% 2 7/18/96 390.00 780.00 2600
------
TOTAL BORROWINGS 12725
MATURITIES ( 13025)
------
DAILY TOTAL ( 300)
17725
7/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/18/96 1413.04 1413.04 9450
COMM PAP MER LYNCH NEW MONEY 5.420% 5.422% 2 7/19/96 843.11 1686.22 5600
COMM PAP 1 ST BOST ROLLOVER 5.380% 5.384% 5 7/22/96 747.22 3736.11 5000
------
TOTAL BORROWINGS 20050
MATURITIES ( 15125)
------
DAILY TOTAL 4925
22650
7/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/19/96 1360.70 1360.70 9100
COMM PAP MER LYNCH ROLLOVER 5.400% 5.404% 5 7/23/96 390.00 1950.00 2600
COMM PAP MER LYNCH NEW MONEY 5.400% 5.404% 5 7/23/96 26.25 131.25 175
------
TOTAL BORROWINGS 11875
MATURITIES ( 12050)
------
DAILY TOTAL ( 175)
22475
<PAGE>
7/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 3 7/22/96 1360.70 4082.11 9100
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 3 7/22/96 153.27 459.80 1025
COMM PAP MER LYNCH ROLLOVER 5.300% 5.304% 5 7/24/96 824.44 4122.22 5600
COMM PAP MER LYNCH NEW MONEY 5.300% 5.303% 4 7/23/96 172.99 691.94 1175
------
TOTAL BORROWINGS 16900
MATURITIES ( 14700)
------
DAILY TOTAL 2200
24675
7/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/23/96 1386.87 1386.87 9275
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.302% 3 7/25/96 736.11 2208.33 5000
COMM PAP 1 ST BOST NEW MONEY 5.300% 5.303% 4 7/26/96 279.72 1118.89 1900
------
TOTAL BORROWINGS 16175
MATURITIES ( 15125)
------
DAILY TOTAL 1050
25725
7/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/24/96 1233.60 1233.60 8250
COMM PAP MER LYNCH ROLLOVER 5.340% 5.345% 6 7/29/96 585.92 3515.50 3950
COMM PAP MER LYNCH NEW MONEY 5.340% 5.345% 6 7/29/96 185.42 1112.50 1250
------
TOTAL BORROWINGS 13450
MATURITIES ( 13225)
------
DAILY TOTAL 225
25950
7/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/25/96 1233.60 1233.60 8250
COMM PAP MER LYNCH ROLLOVER 5.330% 5.335% 6 7/30/96 706.97 4241.79 4775
------
TOTAL BORROWINGS 13025
MATURITIES ( 13850)
------
DAILY TOTAL ( 825)
25125
7/25/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/26/96 1233.60 1233.60 8250
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 1 7/26/96 220.55 220.55 1475
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.335% 6 7/31/96 640.34 3842.04 4325
------
TOTAL BORROWINGS 14050
MATURITIES ( 13250)
------
DAILY TOTAL 800
25925
<PAGE>
7/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 3 7/29/96 1431.73 4295.19 9575
COMM PAP 1 ST BOST NEW MONEY 5.350% 5.355% 6 8/ 1/96 55.73 334.38 375
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.355% 6 8/ 1/96 282.36 1694.17 1900
------
TOTAL BORROWINGS 11850
MATURITIES ( 11625)
------
DAILY TOTAL 225
26150
7/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/30/96 1181.27 1181.27 7900
COMM PAP MER LYNCH ROLLOVER 5.420% 5.423% 4 8/ 2/96 782.89 3131.56 5200
COMM PAP MER LYNCH NEW MONEY 5.420% 5.423% 4 8/ 2/96 124.21 496.83 825
------
TOTAL BORROWINGS 13925
MATURITIES ( 14775)
------
DAILY TOTAL ( 850)
25300
7/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 7/31/96 1181.27 1181.27 7900
COMM PAP MER LYNCH ROLLOVER 5.430% 5.432% 3 8/ 2/96 603.33 1810.00 4000
------
TOTAL BORROWINGS 11900
MATURITIES ( 12675)
------
DAILY TOTAL ( 775)
24525
7/31/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.383% 5.383% 1 8/ 1/96 1181.27 1181.27 7900
MONEYPOOL MONEYPOOL NEW MONEY 5.383% 5.383% 1 8/ 1/96 18.69 18.69 125
COMM PAP 1 ST BOST ROLLOVER 5.680% 5.681% 1 8/ 1/96 224.83 224.83 1425
------
TOTAL BORROWINGS 9450
MATURITIES ( 12225)
------
DAILY TOTAL ( 2775)
21750
8/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/ 2/96 1149.15 1149.15 7750
COMM PAP MER LYNCH NEW MONEY 5.440% 5.444% 5 8/ 6/96 800.89 4004.44 5300
COMM PAP 1 ST BOST ROLLOVER 5.420% 5.423% 4 8/ 5/96 557.06 2228.22 3700
------
TOTAL BORROWINGS 16750
MATURITIES ( 11725)
------
DAILY TOTAL 5025
26775
<PAGE>
8/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 3 8/ 5/96 1060.19 3180.56 7150
COMM PAP MER LYNCH ROLLOVER 5.450% 5.454% 5 8/ 7/96 908.33 4541.67 6000
COMM PAP MER LYNCH ROLLOVER 5.450% 5.455% 6 8/ 8/96 609.34 3656.04 4025
COMM PAP MER LYNCH NEW MONEY 5.450% 5.455% 6 8/ 8/96 314.13 1884.79 2075
------
TOTAL BORROWINGS 19250
MATURITIES ( 17775)
------
DAILY TOTAL 1475
28250
8/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/ 6/96 1019.41 1019.41 6875
COMM PAP 1 ST BOST ROLLOVER 5.390% 5.393% 4 8/ 9/96 553.97 2215.89 3700
COMM PAP MER LYNCH NEW MONEY 5.440% 5.441% 1 8/ 6/96 132.22 132.22 875
------
TOTAL BORROWINGS 11450
MATURITIES ( 10850)
------
DAILY TOTAL 600
28850
8/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/ 7/96 1019.41 1019.41 6875
MONEYPOOL MONEYPOOL NEW MONEY 5.338% 5.338% 1 8/ 7/96 129.74 129.74 875
COMM PAP MER LYNCH ROLLOVER 5.260% 5.262% 3 8/ 9/96 664.81 1994.42 4550
------
TOTAL BORROWINGS 12300
MATURITIES ( 13050)
------
DAILY TOTAL ( 750)
28100
8/ 7/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/ 8/96 1149.15 1149.15 7750
MONEYPOOL MONEYPOOL NEW MONEY 5.338% 5.338% 1 8/ 8/96 11.12 11.12 75
COMM PAP MER LYNCH ROLLOVER 5.270% 5.274% 5 8/12/96 633.13 3165.66 4325
------
TOTAL BORROWINGS 12150
MATURITIES ( 13750)
------
DAILY TOTAL ( 1600)
26500
8/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/ 9/96 1160.27 1160.27 7825
COMM PAP MER LYNCH ROLLOVER 5.250% 5.254% 5 8/13/96 638.02 3190.10 4375
------
TOTAL BORROWINGS 12200
MATURITIES ( 13925)
------
DAILY TOTAL ( 1725)
24775
<PAGE>
8/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 3 8/12/96 1160.27 3480.82 7825
MONEYPOOL MONEYPOOL NEW MONEY 5.338% 5.338% 3 8/12/96 103.79 311.38 700
COMM PAP MER LYNCH ROLLOVER 5.240% 5.244% 5 8/14/96 662.28 3311.39 4550
COMM PAP 1 ST BOST ROLLOVER 5.170% 5.172% 3 8/12/96 362.62 1087.85 2525
------
TOTAL BORROWINGS 15600
MATURITIES ( 16075)
------
DAILY TOTAL ( 475)
24300
8/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/13/96 1264.07 1264.07 8525
COMM PAP MER LYNCH ROLLOVER 5.340% 5.342% 3 8/15/96 641.54 1924.63 4325
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.323% 4 8/16/96 373.14 1492.56 2525
------
TOTAL BORROWINGS 15375
MATURITIES ( 15375)
------
DAILY TOTAL 0
24300
8/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/14/96 1163.98 1163.98 7850
COMM PAP MER LYNCH ROLLOVER 5.350% 5.355% 6 8/19/96 650.17 3901.04 4375
------
TOTAL BORROWINGS 12225
MATURITIES ( 12900)
------
DAILY TOTAL ( 675)
23625
8/14/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/15/96 1163.98 1163.98 7850
MONEYPOOL MONEYPOOL NEW MONEY 5.338% 5.338% 1 8/15/96 129.74 129.74 875
COMM PAP MER LYNCH ROLLOVER 5.350% 5.352% 2 8/16/96 148.61 297.22 1000
------
TOTAL BORROWINGS 9725
MATURITIES ( 12400)
------
DAILY TOTAL ( 2675)
20950
8/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/16/96 1293.72 1293.72 8725
MONEYPOOL MONEYPOOL NEW MONEY 5.338% 5.338% 1 8/16/96 203.88 203.88 1375
COMM PAP MER LYNCH ROLLOVER 5.400% 5.404% 5 8/20/96 405.00 2025.00 2700
------
TOTAL BORROWINGS 12800
MATURITIES ( 13050)
------
DAILY TOTAL ( 250)
20700
<PAGE>
8/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 3 8/19/96 1497.61 4492.82 10100
MONEYPOOL MONEYPOOL NEW MONEY 5.338% 5.338% 3 8/19/96 29.66 88.97 200
COMM PAP MER LYNCH NEW MONEY 5.320% 5.324% 5 8/21/96 62.81 314.03 425
COMM PAP MER LYNCH ROLLOVER 5.320% 5.324% 5 8/21/96 147.78 738.89 1000
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.334% 5 8/21/96 373.84 1869.20 2525
------
TOTAL BORROWINGS 14250
MATURITIES ( 13625)
------
DAILY TOTAL 625
21325
8/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/20/96 1501.31 1501.31 10125
COMM PAP MER LYNCH ROLLOVER 5.280% 5.281% 1 8/20/96 641.67 641.67 4375
COMM PAP MER LYNCH NEW MONEY 5.280% 5.281% 1 8/20/96 80.67 80.67 550
------
TOTAL BORROWINGS 15050
MATURITIES ( 14675)
------
DAILY TOTAL 375
21700
8/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/21/96 1501.31 1501.31 10125
COMM PAP MER LYNCH ROLLOVER 5.220% 5.222% 2 8/22/96 1105.62 2211.25 7625
------
TOTAL BORROWINGS 17750
MATURITIES ( 17750)
------
DAILY TOTAL 0
21700
8/21/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/22/96 1356.74 1356.74 9150
COMM PAP 1 ST BOST ROLLOVER 5.150% 5.151% 2 8/23/96 361.22 722.43 2525
COMM PAP MER LYNCH ROLLOVER 5.150% 5.151% 2 8/23/96 203.85 407.71 1425
------
TOTAL BORROWINGS 13100
MATURITIES ( 14075)
------
DAILY TOTAL ( 975)
20725
8/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/23/96 1319.67 1319.67 8900
COMM PAP MER LYNCH ROLLOVER 5.220% 5.223% 4 8/26/96 1105.62 4422.50 7625
------
TOTAL BORROWINGS 16525
MATURITIES ( 16775)
------
DAILY TOTAL ( 250)
20475
<PAGE>
8/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 3 8/26/96 1319.67 3959.02 8900
MONEYPOOL MONEYPOOL NEW MONEY 5.338% 5.338% 3 8/26/96 229.83 689.49 1550
COMM PAP MER LYNCH ROLLOVER 5.210% 5.213% 4 8/27/96 206.23 824.92 1425
COMM PAP 1 ST BOST ROLLOVER 5.250% 5.253% 4 8/27/96 145.83 583.33 1000
------
TOTAL BORROWINGS 12875
MATURITIES ( 12850)
------
DAILY TOTAL 25
20500
8/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/27/96 1371.57 1371.57 9250
COMM PAP MER LYNCH ROLLOVER 5.340% 5.342% 2 8/28/96 1131.04 2262.08 7625
COMM PAP MER LYNCH NEW MONEY 5.340% 5.342% 2 8/28/96 126.08 252.17 850
------
TOTAL BORROWINGS 17725
MATURITIES ( 18075)
------
DAILY TOTAL ( 350)
20150
8/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/28/96 1371.57 1371.57 9250
MONEYPOOL MONEYPOOL NEW MONEY 5.338% 5.338% 1 8/28/96 40.78 40.78 275
COMM PAP MER LYNCH ROLLOVER 5.330% 5.331% 1 8/28/96 74.03 74.03 500
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.352% 2 8/29/96 148.61 297.22 1000
------
TOTAL BORROWINGS 11025
MATURITIES ( 11675)
------
DAILY TOTAL ( 650)
19500
8/28/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/29/96 1397.52 1397.52 9425
COMM PAP MER LYNCH ROLLOVER 5.400% 5.401% 1 8/29/96 731.25 731.25 4875
COMM PAP MER LYNCH ROLLOVER 5.400% 5.402% 2 8/30/96 600.00 1200.00 4000
------
TOTAL BORROWINGS 18300
MATURITIES ( 18500)
------
DAILY TOTAL ( 200)
19300
8/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 1 8/30/96 1315.97 1315.97 8875
COMM PAP MER LYNCH ROLLOVER 5.370% 5.375% 6 9/ 4/96 343.08 2058.50 2300
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.354% 5 9/ 3/96 148.61 743.06 1000
------
TOTAL BORROWINGS 12175
MATURITIES ( 15300)
------
DAILY TOTAL ( 3125)
16175
<PAGE>
8/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.338% 5.338% 2 9/ 1/96 1078.72 2157.44 7275
COMM PAP MER LYNCH ROLLOVER 5.320% 5.323% 4 9/ 3/96 591.11 2364.44 4000
COMM PAP MER LYNCH NEW MONEY 5.320% 5.323% 4 9/ 3/96 517.22 2068.89 3500
COMM PAP 1 ST BOST NEW MONEY 5.370% 5.375% 6 9/ 5/96 518.35 3110.13 3475
------
TOTAL BORROWINGS 18250
MATURITIES ( 12875)
------
DAILY TOTAL 5375
21550
9/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 2 9/ 3/96 1084.99 2169.97 7275
MATURITIES ( 7275)
------
DAILY TOTAL 0
21550
9/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/ 4/96 1036.52 1036.52 6950
COMM PAP MER LYNCH ROLLOVER 5.480% 5.485% 6 9/ 9/96 494.72 2968.33 3250
COMM PAP MER LYNCH ROLLOVER 5.480% 5.486% 7 9/10/96 646.94 4528.61 4250
COMM PAP 1 ST BOST NEW MONEY 5.500% 5.503% 3 9/ 6/96 446.88 1340.63 2925
COMM PAP 1 ST BOST ROLLOVER 5.500% 5.503% 3 9/ 6/96 152.78 458.33 1000
------
TOTAL BORROWINGS 18375
MATURITIES ( 15775)
------
DAILY TOTAL 2600
24150
9/ 4/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/ 5/96 984.32 984.32 6600
COMM PAP MER LYNCH NEW MONEY 5.400% 5.406% 7 9/11/96 45.00 315.00 300
COMM PAP MER LYNCH ROLLOVER 5.400% 5.406% 7 9/11/96 345.00 2415.00 2300
------
TOTAL BORROWINGS 9200
MATURITIES ( 9250)
------
DAILY TOTAL ( 50)
24100
9/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/ 6/96 947.03 947.03 6350
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.326% 7 9/12/96 325.11 2275.78 2200
------
TOTAL BORROWINGS 8550
MATURITIES ( 10075)
------
DAILY TOTAL ( 1525)
22575
<PAGE>
9/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 3 9/ 9/96 947.03 2841.10 6350
MONEYPOOL MONEYPOOL NEW MONEY 5.369% 5.369% 3 9/ 9/96 145.41 436.23 975
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.336% 7 9/13/96 492.28 3445.99 3325
------
TOTAL BORROWINGS 10650
MATURITIES ( 10275)
------
DAILY TOTAL 375
22950
9/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/10/96 1084.99 1084.99 7275
COMM PAP MER LYNCH ROLLOVER 5.340% 5.346% 7 9/16/96 482.08 3374.58 3250
COMM PAP MER LYNCH NEW MONEY 5.340% 5.346% 7 9/16/96 48.21 337.46 325
------
TOTAL BORROWINGS 10850
MATURITIES ( 10575)
------
DAILY TOTAL 275
23225
9/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/11/96 1084.99 1084.99 7275
MONEYPOOL MONEYPOOL NEW MONEY 5.369% 5.369% 1 9/11/96 190.15 190.15 1275
COMM PAP MER LYNCH ROLLOVER 5.300% 5.302% 3 9/13/96 625.69 1877.08 4250
COMM PAP MER LYNCH NEW MONEY 5.300% 5.302% 3 9/13/96 25.76 77.29 175
------
TOTAL BORROWINGS 12975
MATURITIES ( 11525)
------
DAILY TOTAL 1450
24675
9/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/12/96 1275.14 1275.14 8550
COMM PAP MER LYNCH ROLLOVER 5.350% 5.355% 6 9/17/96 386.39 2318.33 2600
------
TOTAL BORROWINGS 11150
MATURITIES ( 11150)
------
DAILY TOTAL 0
24675
9/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/13/96 1275.14 1275.14 8550
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.325% 6 9/18/96 229.06 1374.33 1550
------
TOTAL BORROWINGS 10100
MATURITIES ( 10750)
------
DAILY TOTAL ( 650)
24025
<PAGE>
9/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 3 9/16/96 1275.14 3825.41 8550
COMM PAP MER LYNCH ROLLOVER 5.300% 5.305% 6 9/19/96 651.46 3908.75 4425
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.304% 5 9/18/96 463.75 2318.75 3150
------
TOTAL BORROWINGS 16125
MATURITIES ( 16300)
------
DAILY TOTAL ( 175)
23850
9/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/17/96 1193.11 1193.11 8000
COMM PAP MER LYNCH ROLLOVER 5.420% 5.423% 4 9/20/96 538.24 2152.94 3575
COMM PAP 1 ST BOST NEW MONEY 5.500% 5.501% 1 9/17/96 225.35 225.35 1475
------
TOTAL BORROWINGS 13050
MATURITIES ( 12125)
------
DAILY TOTAL 925
24775
9/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/18/96 1193.11 1193.11 8000
MONEYPOOL MONEYPOOL NEW MONEY 5.369% 5.369% 1 9/18/96 369.12 369.12 2475
------
TOTAL BORROWINGS 10475
MATURITIES ( 12075)
------
DAILY TOTAL ( 1600)
23175
9/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/19/96 1055.16 1055.16 7075
COMM PAP MER LYNCH NEW MONEY 5.260% 5.265% 6 9/24/96 726.90 4361.42 4975
COMM PAP MER LYNCH NEW MONEY 5.280% 5.285% 7 9/25/96 729.67 5107.67 4975
COMM PAP 1 ST BOST ROLLOVER 5.200% 5.204% 5 9/23/96 678.89 3394.44 4700
------
TOTAL BORROWINGS 21725
MATURITIES ( 15175)
------
DAILY TOTAL 6550
29725
9/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/20/96 1055.16 1055.16 7075
MONEYPOOL MONEYPOOL NEW MONEY 5.369% 5.369% 1 9/20/96 70.84 70.84 475
COMM PAP MER LYNCH ROLLOVER 5.260% 5.265% 7 9/26/96 646.54 4525.79 4425
------
TOTAL BORROWINGS 11975
MATURITIES ( 11500)
------
DAILY TOTAL 475
30200
<PAGE>
9/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 3 9/23/96 1126.00 3378.00 7550
MONEYPOOL MONEYPOOL NEW MONEY 5.369% 5.369% 3 9/23/96 26.10 78.30 175
COMM PAP MER LYNCH ROLLOVER 5.370% 5.376% 7 9/27/96 492.25 3445.75 3300
------
TOTAL BORROWINGS 11025
MATURITIES ( 11125)
------
DAILY TOTAL ( 100)
30100
9/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/24/96 1040.24 1040.24 6975
COMM PAP 1 ST BOST ROLLOVER 5.360% 5.366% 7 9/30/96 536.00 3752.00 3600
------
TOTAL BORROWINGS 10575
MATURITIES ( 12425)
------
DAILY TOTAL ( 1850)
28250
9/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/25/96 1040.24 1040.24 6975
MONEYPOOL MONEYPOOL NEW MONEY 5.369% 5.369% 1 9/25/96 33.56 33.56 225
COMM PAP MER LYNCH ROLLOVER 5.560% 5.567% 8 10/ 2/96 648.67 5189.33 4200
------
TOTAL BORROWINGS 11400
MATURITIES ( 11950)
------
DAILY TOTAL ( 550)
27700
9/25/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/26/96 1073.80 1073.80 7200
MONEYPOOL MONEYPOOL NEW MONEY 5.369% 5.369% 1 9/26/96 93.21 93.21 625
COMM PAP MER LYNCH ROLLOVER 5.450% 5.455% 6 10/ 1/96 404.97 2429.79 2675
------
TOTAL BORROWINGS 10500
MATURITIES ( 12175)
------
DAILY TOTAL ( 1675)
26025
9/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 9/27/96 1167.01 1167.01 7825
MONEYPOOL MONEYPOOL NEW MONEY 5.369% 5.369% 1 9/27/96 152.87 152.87 1025
COMM PAP MER LYNCH ROLLOVER 5.440% 5.446% 7 10/ 3/96 362.67 2538.67 2400
------
TOTAL BORROWINGS 11250
MATURITIES ( 12250)
------
DAILY TOTAL ( 1000)
25025
<PAGE>
9/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 3 9/30/96 1155.83 3467.48 7750
COMM PAP MER LYNCH NEW MONEY 5.480% 5.485% 6 10/ 3/96 95.14 570.83 625
COMM PAP MER LYNCH ROLLOVER 5.480% 5.485% 6 10/ 3/96 502.33 3014.00 3300
------
TOTAL BORROWINGS 11675
MATURITIES ( 12150)
------
DAILY TOTAL ( 475)
24550
9/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.369% 5.369% 1 10/ 1/96 1081.26 1081.26 7250
COMM PAP 1 ST BOST ROLLOVER 5.550% 5.553% 4 10/ 4/96 555.00 2220.00 3600
COMM PAP 1 ST BOST NEW MONEY 5.550% 5.553% 4 10/ 4/96 134.90 539.58 875
------
TOTAL BORROWINGS 11725
MATURITIES ( 11350)
------
DAILY TOTAL 375
24925
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/96 TO 9/30/96
--------------------
BORROWINGS AT 9/30/96 $ 24925000
</TABLE>
<PAGE>
<TABLE>
NEW ENGLAND ELECTRIC TRANSMISSION CORP
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/96 500
7/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/ 2/96 81.64 81.64 500
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/ 2/96 36.74 36.74 225
------
TOTAL BORROWINGS 725
MATURITIES ( 500)
------
DAILY TOTAL 225
725
7/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/ 3/96 118.38 118.38 725
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/ 3/96 53.07 53.07 325
------
TOTAL BORROWINGS 1050
MATURITIES ( 725)
------
DAILY TOTAL 325
1050
7/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 2 7/ 5/96 171.44 342.88 1050
MATURITIES ( 1050)
------
DAILY TOTAL 0
1050
7/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/ 8/96 171.44 514.33 1050
MATURITIES ( 1050)
------
DAILY TOTAL 0
1050
7/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/ 9/96 171.44 171.44 1050
MATURITIES ( 1050)
------
DAILY TOTAL 0
1050
<PAGE>
7/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/10/96 171.44 171.44 1050
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/10/96 4.08 4.08 25
------
TOTAL BORROWINGS 1075
MATURITIES ( 1050)
------
DAILY TOTAL 25
1075
7/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/11/96 175.52 175.52 1075
MATURITIES ( 1075)
------
DAILY TOTAL 0
1075
7/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/12/96 175.52 175.52 1075
MATURITIES ( 1075)
------
DAILY TOTAL 0
1075
7/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/15/96 175.52 526.57 1075
MATURITIES ( 1075)
------
DAILY TOTAL 0
1075
7/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/16/96 175.52 175.52 1075
MATURITIES ( 1075)
------
DAILY TOTAL 0
1075
7/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/17/96 57.15 57.15 350
MATURITIES ( 1075)
------
DAILY TOTAL ( 725)
350
7/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/18/96 57.15 57.15 350
MONEYPOOL MONEYPOOL NEW MONEY 5.878% 5.878% 1 7/18/96 89.80 89.80 550
------
TOTAL BORROWINGS 900
MATURITIES ( 350)
------
DAILY TOTAL 550
900
<PAGE>
7/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/19/96 142.87 142.87 875
MATURITIES ( 900)
------
DAILY TOTAL ( 25)
875
7/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/22/96 142.87 428.60 875
MATURITIES ( 875)
------
DAILY TOTAL 0
875
7/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/23/96 142.87 142.87 875
MATURITIES ( 875)
------
DAILY TOTAL 0
875
7/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/24/96 142.87 142.87 875
MATURITIES ( 875)
------
DAILY TOTAL 0
875
7/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/25/96 142.87 142.87 875
MATURITIES ( 875)
------
DAILY TOTAL 0
875
7/25/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/26/96 142.87 142.87 875
MATURITIES ( 875)
------
DAILY TOTAL 0
875
7/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 3 7/29/96 142.87 428.60 875
MATURITIES ( 875)
------
DAILY TOTAL 0
875
7/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/30/96 142.87 142.87 875
MATURITIES ( 875)
------
DAILY TOTAL 0
875
<PAGE>
7/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 7/31/96 142.87 142.87 875
MATURITIES ( 875)
------
DAILY TOTAL 0
875
7/31/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.878% 5.878% 1 8/ 1/96 142.87 142.87 875
MATURITIES ( 875)
------
DAILY TOTAL 0
875
8/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 2/96 141.36 141.36 875
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/ 2/96 12.12 12.12 75
------
TOTAL BORROWINGS 950
MATURITIES ( 875)
------
DAILY TOTAL 75
950
8/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/ 5/96 145.40 436.20 900
MATURITIES ( 950)
------
DAILY TOTAL ( 50)
900
8/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 6/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
8/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 7/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
8/ 7/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 8/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
<PAGE>
8/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/ 9/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
8/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/12/96 145.40 436.20 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
8/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/13/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
8/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/14/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
8/14/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/15/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
8/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/16/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
8/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/19/96 145.40 436.20 900
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 3 8/19/96 8.08 24.23 50
------
TOTAL BORROWINGS 950
MATURITIES ( 900)
------
DAILY TOTAL 50
950
<PAGE>
8/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/20/96 145.40 145.40 900
MATURITIES ( 950)
------
DAILY TOTAL ( 50)
900
8/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/21/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
8/21/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/22/96 145.40 145.40 900
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/22/96 4.04 4.04 25
------
TOTAL BORROWINGS 925
MATURITIES ( 900)
------
DAILY TOTAL 25
925
8/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/23/96 149.44 149.44 925
MATURITIES ( 925)
------
DAILY TOTAL 0
925
8/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 3 8/26/96 149.44 448.32 925
MATURITIES ( 925)
------
DAILY TOTAL 0
925
8/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/27/96 145.40 145.40 900
MATURITIES ( 925)
------
DAILY TOTAL ( 25)
900
8/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/28/96 145.40 145.40 900
MATURITIES ( 900)
------
DAILY TOTAL 0
900
<PAGE>
8/28/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/29/96 145.40 145.40 900
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 1 8/29/96 4.04 4.04 25
------
TOTAL BORROWINGS 925
MATURITIES ( 900)
------
DAILY TOTAL 25
925
8/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 1 8/30/96 149.44 149.44 925
MATURITIES ( 925)
------
DAILY TOTAL 0
925
8/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.816% 5.816% 2 9/ 1/96 149.44 298.88 925
MONEYPOOL MONEYPOOL NEW MONEY 5.816% 5.816% 2 9/ 1/96 60.58 121.17 375
------
TOTAL BORROWINGS 1300
MATURITIES ( 925)
------
DAILY TOTAL 375
1300
9/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 2 9/ 3/96 151.08 302.17 925
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 2 9/ 3/96 61.25 122.50 375
------
TOTAL BORROWINGS 1300
MATURITIES ( 1300)
------
DAILY TOTAL 0
1300
9/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/ 4/96 212.33 212.33 1300
MATURITIES ( 1300)
------
DAILY TOTAL 0
1300
9/ 4/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/ 5/96 212.33 212.33 1300
MATURITIES ( 1300)
------
DAILY TOTAL 0
1300
<PAGE>
9/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/ 6/96 212.33 212.33 1300
MATURITIES ( 1300)
------
DAILY TOTAL 0
1300
9/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/ 9/96 212.33 637.00 1300
MATURITIES ( 1300)
------
DAILY TOTAL 0
1300
9/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/10/96 212.33 212.33 1300
MATURITIES ( 1300)
------
DAILY TOTAL 0
1300
9/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/11/96 212.33 212.33 1300
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/11/96 8.17 8.17 50
------
TOTAL BORROWINGS 1350
MATURITIES ( 1300)
------
DAILY TOTAL 50
1350
9/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/12/96 220.50 220.50 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
9/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/13/96 220.50 220.50 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
9/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/16/96 220.50 661.50 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
<PAGE>
9/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/17/96 118.42 118.42 725
MATURITIES ( 1350)
------
DAILY TOTAL ( 625)
725
9/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/18/96 118.42 118.42 725
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/18/96 85.75 85.75 525
------
TOTAL BORROWINGS 1250
MATURITIES ( 725)
------
DAILY TOTAL 525
1250
9/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/19/96 204.17 204.17 1250
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 9/19/96 49.00 49.00 300
------
TOTAL BORROWINGS 1550
MATURITIES ( 1250)
------
DAILY TOTAL 300
1550
9/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/20/96 249.08 249.08 1525
MATURITIES ( 1550)
------
DAILY TOTAL ( 25)
1525
9/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/23/96 249.08 747.25 1525
MATURITIES ( 1525)
------
DAILY TOTAL 0
1525
9/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/24/96 249.08 249.08 1525
MATURITIES ( 1525)
------
DAILY TOTAL 0
1525
9/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/25/96 249.08 249.08 1525
MATURITIES ( 1525)
------
DAILY TOTAL 0
1525
<PAGE>
9/25/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/26/96 249.08 249.08 1525
MATURITIES ( 1525)
------
DAILY TOTAL 0
1525
9/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 9/27/96 249.08 249.08 1525
MATURITIES ( 1525)
------
DAILY TOTAL 0
1525
9/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 3 9/30/96 249.08 747.25 1525
MATURITIES ( 1525)
------
DAILY TOTAL 0
1525
9/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.880% 5.880% 1 10/ 1/96 249.08 249.08 1525
MONEYPOOL MONEYPOOL NEW MONEY 5.880% 5.880% 1 10/ 1/96 36.75 36.75 225
------
TOTAL BORROWINGS 1750
MATURITIES ( 1525)
------
DAILY TOTAL 225
1750
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/96 TO 9/30/96
--------------------
BORROWINGS AT 9/30/96 $ 1750000
</TABLE>
<PAGE>
<TABLE>
NEW ENGLAND HYDRO TRANS. ELECTRIC CO.
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C>` <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/96 0
</TABLE>
<PAGE>
<TABLE>
NEW ENGLAND HYDRO-TRANSMISSION CORP.
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/96 0
</TABLE>
<PAGE>
<TABLE>
NEW ENGLAND POWER COMPANY
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/96 145775
7/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/ 2/96 1055.24 1055.24 6950
MONEYPOOL MONEYPOOL NEW MONEY 5.466% 5.466% 1 7/ 2/96 413.75 413.75 2725
COMM PAP MER LYNCH NEW MONEY 5.460% 5.495% 42 8/12/96 303.33 12740.00 2000
COMM PAP MER LYNCH NEW MONEY 5.470% 5.505% 42 8/12/96 835.69 35099.17 5500
COMM PAP MER LYNCH NEW MONEY 5.480% 5.516% 43 8/13/96 1141.67 49091.67 7500
COMM PAP MER LYNCH NEW MONEY 5.480% 5.523% 51 8/21/96 1522.22 77633.34 10000
COMM PAP 1 ST BOST ROLLOVER 5.450% 5.482% 39 8/ 9/96 976.46 38081.88 6450
COMM PAP 1 ST BOST NEW MONEY 5.450% 5.487% 44 8/14/96 1116.49 49125.70 7375
COMM PAP 1 ST BOST NEW MONEY 5.450% 5.487% 45 8/15/96 1116.49 50242.19 7375
COMM PAP 1 ST BOST NEW MONEY 5.450% 5.488% 46 8/16/96 1120.28 51532.78 7400
------
TOTAL BORROWINGS 63275
MATURITIES ( 13400)
------
DAILY TOTAL 49875
195650
7/ 2/96:
MONEYPOOL MONEYPOOL NEW MONEY 5.466% 5.466% 1 7/ 3/96 129.06 129.06 850
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/ 3/96 1468.99 1468.99 9675
------
TOTAL BORROWINGS 10525
MATURITIES ( 14200)
------
DAILY TOTAL ( 3675)
191975
7/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 2 7/ 5/96 1324.75 2649.49 8725
COMM PAP MER LYNCH ROLLOVER 5.480% 5.509% 35 8/ 7/96 346.31 12120.69 2275
------
TOTAL BORROWINGS 11000
MATURITIES ( 15625)
------
DAILY TOTAL ( 4625)
187350
<PAGE>
7/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 3 7/ 8/96 1191.89 3575.68 7850
COMM PAP MER LYNCH ROLLOVER 5.470% 5.508% 45 8/19/96 1519.44 68375.01 10000
COMM PAP MER LYNCH NEW MONEY 5.470% 5.498% 33 8/ 7/96 645.76 21310.21 4250
------
TOTAL BORROWINGS 22100
MATURITIES ( 18725)
------
DAILY TOTAL 3375
190725
7/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/ 9/96 1191.89 1191.89 7850
MONEYPOOL MONEYPOOL NEW MONEY 5.466% 5.466% 1 7/ 9/96 56.94 56.94 375
COMM PAP MER LYNCH ROLLOVER 5.430% 5.432% 2 7/10/96 1267.00 2534.00 8400
------
TOTAL BORROWINGS 16625
MATURITIES ( 17850)
------
DAILY TOTAL ( 1225)
189500
7/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/10/96 998.30 998.30 6575
MATURITIES ( 18225)
------
DAILY TOTAL ( 11650)
177850
7/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/11/96 998.30 998.30 6575
COMM PAP MER LYNCH ROLLOVER 5.350% 5.355% 6 7/16/96 609.31 3655.83 4100
COMM PAP MER LYNCH ROLLOVER 5.470% 5.504% 41 8/20/96 759.72 31148.61 5000
------
TOTAL BORROWINGS 15675
MATURITIES ( 21525)
------
DAILY TOTAL ( 5850)
172000
7/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/12/96 998.30 998.30 6575
COMM PAP 1 ST BOST ROLLOVER 5.370% 5.381% 14 7/25/96 1335.04 18690.59 8950
------
TOTAL BORROWINGS 15525
MATURITIES ( 16575)
------
DAILY TOTAL ( 1050)
170950
<PAGE>
7/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 3 7/15/96 998.30 2994.91 6575
MONEYPOOL MONEYPOOL NEW MONEY 5.466% 5.466% 3 7/15/96 155.63 466.89 1025
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.365% 19 7/31/96 1497.26 28447.88 10075
------
TOTAL BORROWINGS 17675
MATURITIES ( 17500)
------
DAILY TOTAL 175
171125
7/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/16/96 1153.93 1153.93 7600
MONEYPOOL MONEYPOOL NEW MONEY 5.466% 5.466% 1 7/16/96 299.87 299.87 1975
COMM PAP MER LYNCH ROLLOVER 5.370% 5.371% 1 7/16/96 1596.08 1596.08 10700
------
TOTAL BORROWINGS 20275
MATURITIES ( 18300)
------
DAILY TOTAL 1975
173100
7/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/17/96 1453.80 1453.80 9575
MONEYPOOL MONEYPOOL NEW MONEY 5.466% 5.466% 1 7/17/96 193.59 193.59 1275
COMM PAP MER LYNCH ROLLOVER 5.370% 5.371% 1 7/17/96 316.98 316.98 2125
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.332% 3 7/19/96 1391.72 4175.17 9400
------
TOTAL BORROWINGS 22375
MATURITIES ( 33775)
------
DAILY TOTAL ( 11400)
161700
7/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/18/96 1427.23 1427.23 9400
COMM PAP MER LYNCH ROLLOVER 5.420% 5.424% 5 7/22/96 1294.78 6473.89 8600
------
TOTAL BORROWINGS 18000
MATURITIES ( 20550)
------
DAILY TOTAL ( 2550)
159150
7/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/19/96 1381.68 1381.68 9100
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.354% 5 7/23/96 906.53 4532.64 6100
------
TOTAL BORROWINGS 15200
MATURITIES ( 17750)
------
DAILY TOTAL ( 2550)
156600
<PAGE>
7/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 3 7/22/96 1381.68 4145.05 9100
MONEYPOOL MONEYPOOL NEW MONEY 5.466% 5.466% 3 7/22/96 155.63 466.89 1025
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.324% 5 7/24/96 1389.11 6945.56 9400
COMM PAP 1 ST BOST NEW MONEY 5.320% 5.323% 4 7/23/96 532.00 2128.00 3600
------
TOTAL BORROWINGS 23125
MATURITIES ( 18500)
------
DAILY TOTAL 4625
161225
7/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/23/96 1408.25 1408.25 9275
COMM PAP MER LYNCH ROLLOVER 5.300% 5.303% 4 7/26/96 706.67 2826.67 4800
------
TOTAL BORROWINGS 14075
MATURITIES ( 18725)
------
DAILY TOTAL ( 4650)
156575
7/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/24/96 1252.63 1252.63 8250
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.305% 6 7/29/96 1045.28 6271.67 7100
------
TOTAL BORROWINGS 15350
MATURITIES ( 18975)
------
DAILY TOTAL ( 3625)
152950
7/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/25/96 1252.63 1252.63 8250
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.305% 6 7/30/96 824.44 4946.67 5600
------
TOTAL BORROWINGS 13850
MATURITIES ( 17650)
------
DAILY TOTAL ( 3800)
149150
7/25/96:
MONEYPOOL MONEYPOOL NEW MONEY 5.466% 5.466% 1 7/26/96 223.95 223.95 1475
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/26/96 1252.63 1252.63 8250
COMM PAP 1 ST BOST NEW MONEY 5.380% 5.403% 28 8/22/96 59.78 1673.78 400
COMM PAP 1 ST BOST ROLLOVER 5.380% 5.403% 28 8/22/96 1337.53 37450.78 8950
------
TOTAL BORROWINGS 19075
MATURITIES ( 17200)
------
DAILY TOTAL 1875
151025
<PAGE>
7/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 3 7/29/96 1453.80 4361.41 9575
COMM PAP MER LYNCH ROLLOVER 5.380% 5.388% 10 8/ 5/96 295.15 2951.53 1975
------
TOTAL BORROWINGS 11550
MATURITIES ( 14525)
------
DAILY TOTAL ( 2975)
148050
7/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/30/96 1199.48 1199.48 7900
COMM PAP 1 ST BOST ROLLOVER 5.370% 5.371% 1 7/30/96 208.83 208.83 1400
------
TOTAL BORROWINGS 9300
MATURITIES ( 16675)
------
DAILY TOTAL ( 7375)
140675
7/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 7/31/96 1191.89 1191.89 7850
COMM PAP 1 ST BOST ROLLOVER 5.400% 5.402% 3 8/ 2/96 300.00 900.00 2000
------
TOTAL BORROWINGS 9850
MATURITIES ( 14900)
------
DAILY TOTAL ( 5050)
135625
7/31/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.466% 5.466% 1 8/ 1/96 1191.89 1191.89 7850
MONEYPOOL MONEYPOOL NEW MONEY 5.466% 5.466% 1 8/ 1/96 26.57 26.57 175
COMM PAP 1 ST BOST ROLLOVER 5.400% 5.404% 5 8/ 5/96 1511.25 7556.25 10075
COMM PAP MER LYNCH NEW MONEY 5.640% 5.642% 2 8/ 2/96 783.33 1566.67 5000
COMM PAP MER LYNCH NEW MONEY 5.490% 5.495% 6 8/ 6/96 1235.25 7411.50 8100
------
TOTAL BORROWINGS 31200
MATURITIES ( 17925)
------
DAILY TOTAL 13275
148900
8/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/ 2/96 1163.58 1163.58 7750
COMM PAP MER LYNCH NEW MONEY 5.500% 5.501% 1 8/ 2/96 763.89 763.89 5000
COMM PAP MER LYNCH NEW MONEY 5.410% 5.416% 7 8/ 8/96 601.11 4207.78 4000
COMM PAP 1 ST BOST ROLLOVER 5.420% 5.425% 6 8/ 7/96 1053.89 6323.33 7000
------
TOTAL BORROWINGS 23750
MATURITIES ( 15025)
------
DAILY TOTAL 8725
157625
<PAGE>
8/ 2/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 3 8/ 5/96 1073.49 3220.48 7150
COMM PAP MER LYNCH ROLLOVER 5.410% 5.427% 21 8/23/96 961.78 20197.34 6400
------
TOTAL BORROWINGS 13550
MATURITIES ( 26150)
------
DAILY TOTAL ( 12600)
145025
8/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/ 6/96 1032.20 1032.20 6875
COMM PAP 1 ST BOST ROLLOVER 5.390% 5.392% 2 8/ 7/96 1508.45 3016.90 10075
COMM PAP MER LYNCH ROLLOVER 5.400% 5.403% 4 8/ 9/96 937.50 3750.00 6250
COMM PAP MER LYNCH NEW MONEY 5.400% 5.403% 4 8/ 9/96 270.00 1080.00 1800
------
TOTAL BORROWINGS 25000
MATURITIES ( 23475)
------
DAILY TOTAL 1525
146550
8/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/ 7/96 1032.20 1032.20 6875
MONEYPOOL MONEYPOOL NEW MONEY 5.405% 5.405% 1 8/ 7/96 131.37 131.37 875
COMM PAP MER LYNCH ROLLOVER 5.300% 5.306% 8 8/14/96 1110.79 8886.33 7545
COMM PAP MER LYNCH ROLLOVER 5.320% 5.327% 9 8/15/96 458.85 4129.65 3105
------
TOTAL BORROWINGS 18400
MATURITIES ( 20875)
------
DAILY TOTAL ( 2475)
144075
8/ 7/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/ 8/96 1163.58 1163.58 7750
MONEYPOOL MONEYPOOL NEW MONEY 5.405% 5.405% 1 8/ 8/96 11.26 11.26 75
COMM PAP MER LYNCH ROLLOVER 5.280% 5.287% 9 8/16/96 957.00 8613.00 6525
COMM PAP MER LYNCH NEW MONEY 5.320% 5.332% 15 8/22/96 1008.58 15128.75 6825
COMM PAP 1 ST BOST ROLLOVER 5.280% 5.284% 5 8/12/96 1254.00 6270.00 8550
COMM PAP 1 ST BOST ROLLOVER 5.280% 5.285% 6 8/13/96 1250.33 7502.00 8525
------
TOTAL BORROWINGS 38250
MATURITIES ( 31350)
------
DAILY TOTAL 6900
150975
<PAGE>
8/ 8/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/ 9/96 1174.84 1174.84 7825
COMM PAP MER LYNCH ROLLOVER 5.280% 5.285% 7 8/15/96 440.00 3080.00 3000
COMM PAP 1 ST BOST ROLLOVER 5.180% 5.181% 1 8/ 9/96 212.24 212.24 1475
------
TOTAL BORROWINGS 12300
MATURITIES ( 17500)
------
DAILY TOTAL ( 5200)
145775
8/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 3 8/12/96 1174.84 3524.51 7825
MONEYPOOL MONEYPOOL NEW MONEY 5.405% 5.405% 3 8/12/96 101.34 304.03 675
COMM PAP MER LYNCH ROLLOVER 5.340% 5.354% 17 8/26/96 1194.08 20299.42 8050
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.278% 10 8/19/96 592.87 5928.75 4050
------
TOTAL BORROWINGS 20600
MATURITIES ( 23800)
------
DAILY TOTAL ( 3200)
142575
8/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/13/96 1193.60 1193.60 7950
COMM PAP MER LYNCH ROLLOVER 5.340% 5.352% 15 8/27/96 1112.50 16687.50 7500
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.326% 8 8/20/96 602.19 4817.56 4075
------
TOTAL BORROWINGS 19525
MATURITIES ( 24550)
------
DAILY TOTAL ( 5025)
137550
8/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/14/96 1189.85 1189.85 7925
COMM PAP MER LYNCH ROLLOVER 5.350% 5.363% 16 8/29/96 1114.58 17833.34 7500
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.342% 15 8/28/96 521.90 7828.44 3525
------
TOTAL BORROWINGS 18950
MATURITIES ( 23975)
------
DAILY TOTAL ( 5025)
132525
8/14/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/15/96 1189.85 1189.85 7925
MONEYPOOL MONEYPOOL NEW MONEY 5.405% 5.405% 1 8/15/96 120.11 120.11 800
COMM PAP MER LYNCH ROLLOVER 5.350% 5.361% 14 8/28/96 746.03 10444.39 5020
COMM PAP 1 ST BOST ROLLOVER 5.340% 5.347% 9 8/23/96 719.42 6474.75 4850
------
TOTAL BORROWINGS 18595
MATURITIES ( 22845)
------
DAILY TOTAL ( 4250)
128275
<PAGE>
8/15/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/16/96 1309.96 1309.96 8725
MONEYPOOL MONEYPOOL NEW MONEY 5.405% 5.405% 1 8/16/96 206.44 206.44 1375
COMM PAP MER LYNCH ROLLOVER 5.380% 5.392% 15 8/30/96 912.36 13685.38 6105
COMM PAP 1 ST BOST ROLLOVER 5.390% 5.405% 19 9/ 3/96 969.45 18419.58 6475
------
TOTAL BORROWINGS 22680
MATURITIES ( 22205)
------
DAILY TOTAL 475
128750
8/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 3 8/19/96 1516.40 4549.21 10100
COMM PAP MER LYNCH ROLLOVER 5.360% 5.376% 20 9/ 5/96 971.50 19430.00 6525
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.365% 19 9/ 4/96 1051.42 19977.05 7075
------
TOTAL BORROWINGS 23700
MATURITIES ( 24025)
------
DAILY TOTAL ( 325)
128425
8/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/20/96 1516.40 1516.40 10100
COMM PAP MER LYNCH NEW MONEY 5.340% 5.352% 15 9/ 3/96 645.25 9678.75 4350
COMM PAP MER LYNCH ROLLOVER 5.350% 5.364% 18 9/ 6/96 1486.11 26750.00 10000
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.362% 15 9/ 3/96 601.88 9028.13 4050
------
TOTAL BORROWINGS 28500
MATURITIES ( 24150)
------
DAILY TOTAL 4350
132775
8/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/21/96 1516.40 1516.40 10100
MONEYPOOL MONEYPOOL NEW MONEY 5.405% 5.405% 1 8/21/96 7.51 7.51 50
COMM PAP MER LYNCH ROLLOVER 5.350% 5.366% 20 9/ 9/96 590.73 11814.58 3975
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.336% 20 9/ 9/96 450.72 9014.45 3050
------
TOTAL BORROWINGS 17175
MATURITIES ( 19175)
------
DAILY TOTAL ( 2000)
130775
8/21/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/22/96 1437.58 1437.58 9575
COMM PAP MER LYNCH ROLLOVER 5.330% 5.346% 20 9/10/96 873.53 17470.56 5900
------
TOTAL BORROWINGS 15475
MATURITIES ( 20150)
------
DAILY TOTAL ( 4675)
126100
<PAGE>
8/22/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/23/96 1336.24 1336.24 8900
COMM PAP MER LYNCH ROLLOVER 5.320% 5.337% 21 9/12/96 1008.58 21180.25 6825
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.346% 20 9/11/96 1228.86 24577.22 8300
------
TOTAL BORROWINGS 24025
MATURITIES ( 25750)
------
DAILY TOTAL ( 1725)
124375
8/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 3 8/26/96 1336.24 4008.71 8900
MONEYPOOL MONEYPOOL NEW MONEY 5.405% 5.405% 3 8/26/96 240.22 720.67 1600
COMM PAP MER LYNCH ROLLOVER 5.320% 5.337% 21 9/13/96 945.78 19861.34 6400
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.339% 24 9/16/96 716.72 17201.34 4850
COMM PAP 1 ST BOST NEW MONEY 5.320% 5.339% 24 9/16/96 295.56 7093.33 2000
------
TOTAL BORROWINGS 23750
MATURITIES ( 20150)
------
DAILY TOTAL 3600
127975
8/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/27/96 1396.29 1396.29 9300
COMM PAP MER LYNCH ROLLOVER 5.340% 5.347% 9 9/ 4/96 856.63 7709.63 5775
------
TOTAL BORROWINGS 15075
MATURITIES ( 18550)
------
DAILY TOTAL ( 3475)
124500
8/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/28/96 1396.29 1396.29 9300
MONEYPOOL MONEYPOOL NEW MONEY 5.405% 5.405% 1 8/28/96 41.29 41.29 275
COMM PAP MER LYNCH ROLLOVER 5.350% 5.367% 21 9/17/96 791.35 16618.44 5325
------
TOTAL BORROWINGS 14900
MATURITIES ( 16800)
------
DAILY TOTAL ( 1900)
122600
8/28/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/29/96 1418.81 1418.81 9450
COMM PAP MER LYNCH ROLLOVER 5.380% 5.395% 19 9/16/96 458.79 8717.09 3070
------
TOTAL BORROWINGS 12520
MATURITIES ( 18120)
------
DAILY TOTAL ( 5600)
117000
<PAGE>
8/29/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 1 8/30/96 1336.24 1336.24 8900
COMM PAP MER LYNCH ROLLOVER 5.380% 5.396% 20 9/18/96 627.67 12553.33 4200
------
TOTAL BORROWINGS 13100
MATURITIES ( 16950)
------
DAILY TOTAL ( 3850)
113150
8/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.405% 5.405% 2 9/ 1/96 1096.01 2192.03 7300
COMM PAP MER LYNCH ROLLOVER 5.370% 5.380% 12 9/11/96 910.66 10927.95 6105
COMM PAP MER LYNCH NEW MONEY 5.370% 5.379% 11 9/10/96 559.38 6153.13 3750
------
TOTAL BORROWINGS 17155
MATURITIES ( 15005)
------
DAILY TOTAL 2150
115300
9/ 1/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 2 9/ 3/96 1096.42 2192.84 7300
MATURITIES ( 7300)
------
DAILY TOTAL 0
115300
9/ 3/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/ 4/96 1047.61 1047.61 6975
COMM PAP MER LYNCH NEW MONEY 5.480% 5.493% 16 9/19/96 281.61 4505.78 1850
COMM PAP MER LYNCH ROLLOVER 5.480% 5.493% 16 9/19/96 662.17 10594.67 4350
COMM PAP 1 ST BOST ROLLOVER 5.420% 5.434% 17 9/20/96 1584.60 26938.15 10525
------
TOTAL BORROWINGS 23700
MATURITIES ( 22175)
------
DAILY TOTAL 1525
116825
9/ 4/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/ 5/96 991.28 991.28 6600
COMM PAP MER LYNCH ROLLOVER 5.400% 5.415% 19 9/23/96 866.25 16458.75 5775
COMM PAP 1 ST BOST ROLLOVER 5.370% 5.371% 1 9/ 5/96 216.29 216.29 1450
------
TOTAL BORROWINGS 13825
MATURITIES ( 19825)
------
DAILY TOTAL ( 6000)
110825
<PAGE>
9/ 5/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/ 6/96 953.73 953.73 6350
COMM PAP MER LYNCH NEW MONEY 5.400% 5.416% 20 9/25/96 1233.75 24675.00 8225
COMM PAP MER LYNCH ROLLOVER 5.400% 5.415% 19 9/24/96 978.75 18596.25 6525
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.303% 4 9/ 9/96 213.47 853.89 1450
------
TOTAL BORROWINGS 22550
MATURITIES ( 14575)
------
DAILY TOTAL 7975
118800
9/ 6/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 3 9/ 9/96 953.73 2861.20 6350
MONEYPOOL MONEYPOOL NEW MONEY 5.407% 5.407% 3 9/ 9/96 146.44 439.32 975
COMM PAP MER LYNCH ROLLOVER 5.380% 5.396% 20 9/26/96 982.60 19651.95 6575
------
TOTAL BORROWINGS 13900
MATURITIES ( 16350)
------
DAILY TOTAL ( 2450)
116350
9/ 9/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/10/96 1088.91 1088.91 7250
COMM PAP MER LYNCH ROLLOVER 5.350% 5.357% 9 9/18/96 252.64 2273.75 1700
------
TOTAL BORROWINGS 8950
MATURITIES ( 15800)
------
DAILY TOTAL ( 6850)
109500
9/10/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/11/96 687.14 687.14 4575
MATURITIES ( 16900)
------
DAILY TOTAL ( 12325)
97175
9/11/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/12/96 687.14 687.14 4575
COMM PAP MER LYNCH ROLLOVER 5.330% 5.334% 5 9/16/96 903.88 4519.40 6105
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.351% 1 9/12/96 393.82 393.82 2650
------
TOTAL BORROWINGS 13330
MATURITIES ( 18980)
------
DAILY TOTAL ( 5650)
91525
<PAGE>
9/12/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/13/96 687.14 687.14 4575
MONEYPOOL MONEYPOOL NEW MONEY 5.407% 5.407% 1 9/13/96 60.08 60.08 400
COMM PAP MER LYNCH ROLLOVER 5.330% 5.342% 15 9/27/96 818.01 12270.11 5525
COMM PAP 1 ST BOST ROLLOVER 5.250% 5.251% 1 9/13/96 386.46 386.46 2650
------
TOTAL BORROWINGS 13150
MATURITIES ( 14050)
------
DAILY TOTAL ( 900)
90625
9/13/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 3 9/16/96 747.22 2241.65 4975
COMM PAP MER LYNCH ROLLOVER 5.300% 5.303% 4 9/17/96 511.60 2046.39 3475
------
TOTAL BORROWINGS 8450
MATURITIES ( 14025)
------
DAILY TOTAL ( 5575)
85050
9/16/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/17/96 747.22 747.22 4975
COMM PAP MER LYNCH ROLLOVER 5.400% 5.411% 14 9/30/96 1376.25 19267.50 9175
COMM PAP MER LYNCH NEW MONEY 5.410% 5.422% 15 10/ 1/96 1863.44 27951.67 12400
COMM PAP 1 ST BOST ROLLOVER 5.400% 5.413% 16 10/ 2/96 1027.50 16440.00 6850
COMM PAP 1 ST BOST NEW MONEY 5.400% 5.413% 16 10/ 2/96 1500.00 24000.00 10000
------
TOTAL BORROWINGS 43400
MATURITIES ( 21000)
------
DAILY TOTAL 22400
107450
9/17/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/18/96 747.22 747.22 4975
MONEYPOOL MONEYPOOL NEW MONEY 5.407% 5.407% 1 9/18/96 289.12 289.12 1925
------
TOTAL BORROWINGS 6900
MATURITIES ( 13775)
------
DAILY TOTAL ( 6875)
100575
9/18/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/19/96 1036.34 1036.34 6900
COMM PAP MER LYNCH ROLLOVER 5.250% 5.254% 5 9/23/96 368.23 1841.15 2525
------
TOTAL BORROWINGS 9425
MATURITIES ( 12800)
------
DAILY TOTAL ( 3375)
97200
<PAGE>
9/19/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/20/96 1036.34 1036.34 6900
MONEYPOOL MONEYPOOL NEW MONEY 5.407% 5.407% 1 9/20/96 26.28 26.28 175
COMM PAP MER LYNCH ROLLOVER 5.270% 5.276% 8 9/27/96 384.27 3074.17 2625
------
TOTAL BORROWINGS 9700
MATURITIES ( 13100)
------
DAILY TOTAL ( 3400)
93800
9/20/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 3 9/23/96 1062.63 3187.88 7075
MONEYPOOL MONEYPOOL NEW MONEY 5.407% 5.407% 3 9/23/96 93.87 281.61 625
COMM PAP 1 ST BOST NEW MONEY 5.430% 5.441% 14 10/ 4/96 1497.02 20958.29 9925
COMM PAP 1 ST BOST ROLLOVER 5.430% 5.441% 13 10/ 3/96 1587.52 20637.77 10525
------
TOTAL BORROWINGS 28150
MATURITIES ( 17600)
------
DAILY TOTAL 10550
104350
9/23/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/24/96 1040.10 1040.10 6925
COMM PAP MER LYNCH ROLLOVER 5.500% 5.512% 14 10/ 7/96 1268.06 17752.78 8300
COMM PAP MER LYNCH NEW MONEY 5.500% 5.513% 15 10/ 8/96 844.10 12661.46 5525
COMM PAP 1 ST BOST NEW MONEY 5.500% 5.513% 16 10/ 9/96 763.89 12222.22 5000
------
TOTAL BORROWINGS 25750
MATURITIES ( 16000)
------
DAILY TOTAL 9750
114100
9/24/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/25/96 1040.10 1040.10 6925
MONEYPOOL MONEYPOOL NEW MONEY 5.407% 5.407% 1 9/25/96 41.30 41.30 275
COMM PAP MER LYNCH NEW MONEY 5.530% 5.544% 16 10/10/96 253.46 4055.33 1650
COMM PAP MER LYNCH ROLLOVER 5.530% 5.544% 16 10/10/96 1002.31 16037.00 6525
------
TOTAL BORROWINGS 15375
MATURITIES ( 13450)
------
DAILY TOTAL 1925
116025
<PAGE>
9/25/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/26/96 1081.40 1081.40 7200
MONEYPOOL MONEYPOOL NEW MONEY 5.407% 5.407% 1 9/26/96 97.63 97.63 650
COMM PAP MER LYNCH ROLLOVER 5.420% 5.436% 20 10/15/96 1238.32 24766.39 8225
COMM PAP MER LYNCH NEW MONEY 5.430% 5.443% 16 10/11/96 908.77 14540.33 6025
------
TOTAL BORROWINGS 22100
MATURITIES ( 15425)
------
DAILY TOTAL 6675
122700
9/26/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 9/27/96 1179.03 1179.03 7850
MONEYPOOL MONEYPOOL NEW MONEY 5.407% 5.407% 1 9/27/96 157.70 157.70 1050
COMM PAP MER LYNCH NEW MONEY 5.410% 5.426% 20 10/16/96 150.28 3005.56 1000
COMM PAP MER LYNCH ROLLOVER 5.410% 5.426% 20 10/16/96 988.08 19761.53 6575
------
TOTAL BORROWINGS 16475
MATURITIES ( 14425)
------
DAILY TOTAL 2050
124750
9/27/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 3 9/30/96 1167.76 3503.29 7775
COMM PAP MER LYNCH NEW MONEY 5.450% 5.459% 11 10/ 8/96 310.35 3413.82 2050
COMM PAP MER LYNCH ROLLOVER 5.440% 5.456% 20 10/17/96 1231.56 24631.11 8150
------
TOTAL BORROWINGS 17975
MATURITIES ( 17050)
------
DAILY TOTAL 925
125675
9/30/96:
MONEYPOOL MONEYPOOL ROLLOVER 5.407% 5.407% 1 10/ 1/96 1092.66 1092.66 7275
COMM PAP MER LYNCH ROLLOVER 5.420% 5.435% 18 10/18/96 1260.90 22696.25 8375
------
TOTAL BORROWINGS 15650
MATURITIES ( 16950)
------
DAILY TOTAL ( 1300)
124375
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/96 TO 9/30/96
--------------------
BORROWINGS AT 9/30/96 $124375144
</TABLE>
<PAGE>
<TABLE>
NEW ENGLAND POWER SERVICE COMPANY
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/96 0
</TABLE>
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