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Previous: NEW ENGLAND ELECTRIC SYSTEM, 35-CERT, 1997-05-14 |
Next: COMMONWEALTH ENERGY SYSTEM, 10-Q, 1997-05-14 |
<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 March 31, 1997, 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: May 14, 1997
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 Logs 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 @ 1/ 1/97 5475
1/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 2/97 895.47 895.47 5475
MATURITIES ( 5475)
------
DAILY TOTAL 0
5475
1/ 2/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 3/97 895.47 895.47 5475
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/ 3/97 65.42 65.42 400
------
TOTAL BORROWINGS 5875
MATURITIES ( 5475)
------
DAILY TOTAL 400
5875
1/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 3 1/ 6/97 960.89 2882.67 5875
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 3 1/ 6/97 32.71 98.13 200
------
TOTAL BORROWINGS 6075
MATURITIES ( 5875)
------
DAILY TOTAL 200
6075
1/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 7/97 964.98 964.98 5900
MATURITIES ( 6075)
------
DAILY TOTAL ( 175)
5900
1/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 8/97 952.71 952.71 5825
MATURITIES ( 5900)
------
DAILY TOTAL ( 75)
5825
<PAGE>
1/ 8/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 9/97 952.71 952.71 5825
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/ 9/97 24.53 24.53 150
------
TOTAL BORROWINGS 5975
MATURITIES ( 5825)
------
DAILY TOTAL 150
5975
1/ 9/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/10/97 960.89 960.89 5875
MATURITIES ( 5975)
------
DAILY TOTAL ( 100)
5875
1/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 3 1/13/97 952.71 2858.13 5825
MATURITIES ( 5875)
------
DAILY TOTAL ( 50)
5825
1/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/14/97 952.71 952.71 5825
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/14/97 16.36 16.36 100
------
TOTAL BORROWINGS 5925
MATURITIES ( 5825)
------
DAILY TOTAL 100
5925
1/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/15/97 960.89 960.89 5875
MATURITIES ( 5925)
------
DAILY TOTAL ( 50)
5875
1/15/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/16/97 936.36 936.36 5725
MATURITIES ( 5875)
------
DAILY TOTAL ( 150)
5725
1/16/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/17/97 936.36 936.36 5725
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/17/97 8.18 8.18 50
------
TOTAL BORROWINGS 5775
MATURITIES ( 5725)
------
DAILY TOTAL 50
5775
<PAGE>
1/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 4 1/21/97 944.53 3778.13 5775
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 4 1/21/97 8.18 32.71 50
------
TOTAL BORROWINGS 5825
MATURITIES ( 5775)
------
DAILY TOTAL 50
5825
1/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/22/97 952.71 952.71 5825
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/22/97 28.62 28.62 175
------
TOTAL BORROWINGS 6000
MATURITIES ( 5825)
------
DAILY TOTAL 175
6000
1/22/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/23/97 899.56 899.56 5500
MATURITIES ( 6000)
------
DAILY TOTAL ( 500)
5500
1/23/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/24/97 891.38 891.38 5450
MATURITIES ( 5500)
------
DAILY TOTAL ( 50)
5450
1/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 3 1/27/97 891.38 2674.13 5450
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 3 1/27/97 32.71 98.13 200
------
TOTAL BORROWINGS 5650
MATURITIES ( 5450)
------
DAILY TOTAL 200
5650
1/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/28/97 911.82 911.82 5575
MATURITIES ( 5650)
------
DAILY TOTAL ( 75)
5575
1/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/29/97 911.82 911.82 5575
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/29/97 32.71 32.71 200
------
TOTAL BORROWINGS 5775
MATURITIES ( 5575)
------
DAILY TOTAL 200
5775
<PAGE>
1/29/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/30/97 932.27 932.27 5700
MATURITIES ( 5775)
------
DAILY TOTAL ( 75)
5700
1/30/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/31/97 932.27 932.27 5700
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/31/97 12.27 12.27 75
------
TOTAL BORROWINGS 5775
MATURITIES ( 5700)
------
DAILY TOTAL 75
5775
1/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 2/ 1/97 895.47 895.47 5475
MATURITIES ( 5775)
------
DAILY TOTAL ( 300)
5475
2/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 2 2/ 3/97 884.97 1769.95 5475
MATURITIES ( 5475)
------
DAILY TOTAL 0
5475
2/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/ 4/97 884.97 884.97 5475
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/ 4/97 24.25 24.25 150
------
TOTAL BORROWINGS 5625
MATURITIES ( 5475)
------
DAILY TOTAL 150
5625
2/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/ 5/97 909.22 909.22 5625
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/ 5/97 12.12 12.12 75
------
TOTAL BORROWINGS 5700
MATURITIES ( 5625)
------
DAILY TOTAL 75
5700
2/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/ 6/97 816.28 816.28 5050
MATURITIES ( 5700)
------
DAILY TOTAL ( 650)
5050
<PAGE>
2/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/ 7/97 783.95 783.95 4850
MATURITIES ( 5050)
------
DAILY TOTAL ( 200)
4850
2/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 3 2/10/97 775.87 2327.60 4800
MATURITIES ( 4850)
------
DAILY TOTAL ( 50)
4800
2/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/11/97 767.78 767.78 4750
MATURITIES ( 4800)
------
DAILY TOTAL ( 50)
4750
2/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/12/97 678.88 678.88 4200
MATURITIES ( 4750)
------
DAILY TOTAL ( 550)
4200
2/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/13/97 678.88 678.88 4200
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/13/97 28.29 28.29 175
------
TOTAL BORROWINGS 4375
MATURITIES ( 4200)
------
DAILY TOTAL 175
4375
2/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/14/97 666.76 666.76 4125
MATURITIES ( 4375)
------
DAILY TOTAL ( 250)
4125
2/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 4 2/18/97 666.76 2667.04 4125
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 4 2/18/97 32.33 129.31 200
------
TOTAL BORROWINGS 4325
MATURITIES ( 4125)
------
DAILY TOTAL 200
4325
<PAGE>
2/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/19/97 699.09 699.09 4325
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/19/97 64.66 64.66 400
------
TOTAL BORROWINGS 4725
MATURITIES ( 4325)
------
DAILY TOTAL 400
4725
2/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/20/97 763.74 763.74 4725
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/20/97 8.08 8.08 50
------
TOTAL BORROWINGS 4775
MATURITIES ( 4725)
------
DAILY TOTAL 50
4775
2/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/21/97 771.83 771.83 4775
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/21/97 20.20 20.20 125
------
TOTAL BORROWINGS 4900
MATURITIES ( 4775)
------
DAILY TOTAL 125
4900
2/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 3 2/24/97 747.58 2242.74 4625
MATURITIES ( 4900)
------
DAILY TOTAL ( 275)
4625
2/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/25/97 727.38 727.38 4500
MATURITIES ( 4625)
------
DAILY TOTAL ( 125)
4500
2/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/26/97 691.01 691.01 4275
MATURITIES ( 4500)
------
DAILY TOTAL ( 225)
4275
2/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/27/97 691.01 691.01 4275
MATURITIES ( 4275)
------
DAILY TOTAL 0
4275
<PAGE>
2/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/28/97 614.23 614.23 3800
MATURITIES ( 4275)
------
DAILY TOTAL ( 475)
3800
2/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 3/ 1/97 614.23 614.23 3800
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 3/ 1/97 4.04 4.04 25
------
TOTAL BORROWINGS 3825
MATURITIES ( 3800)
------
DAILY TOTAL 25
3825
3/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 2 3/ 3/97 627.63 1255.27 3800
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 2 3/ 3/97 4.13 8.26 25
------
TOTAL BORROWINGS 3825
MATURITIES ( 3825)
------
DAILY TOTAL 0
3825
3/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/ 4/97 631.76 631.76 3825
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/ 4/97 12.39 12.39 75
------
TOTAL BORROWINGS 3900
MATURITIES ( 3825)
------
DAILY TOTAL 75
3900
3/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/ 5/97 602.86 602.86 3650
MATURITIES ( 3900)
------
DAILY TOTAL ( 250)
3650
3/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/ 6/97 602.86 602.86 3650
MATURITIES ( 3650)
------
DAILY TOTAL 0
3650
3/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/ 7/97 594.60 594.60 3600
MATURITIES ( 3650)
------
DAILY TOTAL ( 50)
3600
<PAGE>
3/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/10/97 594.60 1783.80 3600
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 3 3/10/97 24.78 74.32 150
------
TOTAL BORROWINGS 3750
MATURITIES ( 3600)
------
DAILY TOTAL 150
3750
3/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/11/97 611.12 611.12 3700
MATURITIES ( 3750)
------
DAILY TOTAL ( 50)
3700
3/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/12/97 569.83 569.83 3450
MATURITIES ( 3700)
------
DAILY TOTAL ( 250)
3450
3/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/13/97 569.83 569.83 3450
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/13/97 49.55 49.55 300
------
TOTAL BORROWINGS 3750
MATURITIES ( 3450)
------
DAILY TOTAL 300
3750
3/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/14/97 606.99 606.99 3675
MATURITIES ( 3750)
------
DAILY TOTAL ( 75)
3675
3/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/17/97 602.86 1808.58 3650
MATURITIES ( 3675)
------
DAILY TOTAL ( 25)
3650
3/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/18/97 602.86 602.86 3650
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/18/97 20.65 20.65 125
------
TOTAL BORROWINGS 3775
MATURITIES ( 3650)
------
DAILY TOTAL 125
3775
<PAGE>
3/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/19/97 623.50 623.50 3775
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/19/97 20.65 20.65 125
------
TOTAL BORROWINGS 3900
MATURITIES ( 3775)
------
DAILY TOTAL 125
3900
3/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/20/97 644.15 644.15 3900
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/20/97 66.07 66.07 400
------
TOTAL BORROWINGS 4300
MATURITIES ( 3900)
------
DAILY TOTAL 400
4300
3/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/21/97 710.22 710.22 4300
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/21/97 24.78 24.78 150
------
TOTAL BORROWINGS 4450
MATURITIES ( 4300)
------
DAILY TOTAL 150
4450
3/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/24/97 730.86 2192.59 4425
MATURITIES ( 4450)
------
DAILY TOTAL ( 25)
4425
3/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/25/97 693.70 693.70 4200
MATURITIES ( 4425)
------
DAILY TOTAL ( 225)
4200
3/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/26/97 677.18 677.18 4100
MATURITIES ( 4200)
------
DAILY TOTAL ( 100)
4100
3/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/27/97 677.18 677.18 4100
MATURITIES ( 4100)
------
DAILY TOTAL 0
4100
<PAGE>
3/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/28/97 677.18 677.18 4100
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/28/97 107.36 107.36 650
------
TOTAL BORROWINGS 4750
MATURITIES ( 4100)
------
DAILY TOTAL 650
4750
3/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/31/97 784.54 2353.62 4750
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 3 3/31/97 4.13 12.39 25
------
TOTAL BORROWINGS 4775
MATURITIES ( 4750)
------
DAILY TOTAL 25
4775
3/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 4/ 1/97 739.12 739.12 4475
MATURITIES ( 4775)
------
DAILY TOTAL ( 300)
4475
TEMPORARY BORROWING STATISTICS
------------------------------
1/ 1/97 TO 3/31/97
--------------------
BORROWINGS AT 3/31/97 $ 4475000
</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 @ 1/ 1/97 43775
1/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/ 2/97 799.60 799.60 5275
MATURITIES ( 5275)
------
DAILY TOTAL 0
43775
1/ 2/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/ 3/97 799.60 799.60 5275
MONEYPOOL MONEYPOOL NEW MONEY 5.457% 5.457% 1 1/ 3/97 481.28 481.28 3175
COMM PAP MER LYNCH ROLLOVER 5.530% 5.535% 6 1/ 8/97 1144.40 6866.42 7450
COMM PAP 1 ST BOST NEW MONEY 5.500% 5.507% 8 1/10/97 1237.50 9900.00 8100
------
TOTAL BORROWINGS 24000
MATURITIES ( 12725)
------
DAILY TOTAL 11275
55050
1/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 3 1/ 6/97 1042.14 3126.41 6875
COMM PAP MER LYNCH ROLLOVER 5.380% 5.388% 10 1/13/97 1225.44 12254.44 8200
COMM PAP MER LYNCH NEW MONEY 5.380% 5.388% 10 1/13/97 227.90 2279.03 1525
------
TOTAL BORROWINGS 16600
MATURITIES ( 16650)
------
DAILY TOTAL ( 50)
55000
1/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/ 7/97 727.60 727.60 4800
COMM PAP MER LYNCH ROLLOVER 5.360% 5.366% 8 1/14/97 1369.78 10958.22 9200
------
TOTAL BORROWINGS 14000
MATURITIES ( 17375)
------
DAILY TOTAL ( 3375)
51625
1/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/ 8/97 727.60 727.60 4800
MONEYPOOL MONEYPOOL NEW MONEY 5.457% 5.457% 1 1/ 8/97 83.37 83.37 550
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.272% 2 1/ 9/97 1152.81 2305.62 7875
------
TOTAL BORROWINGS 13225
MATURITIES ( 17150)
------
DAILY TOTAL ( 3925)
47700
<PAGE>
1/ 8/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/ 9/97 735.18 735.18 4850
COMM PAP MER LYNCH ROLLOVER 5.290% 5.295% 7 1/15/97 712.68 4988.76 4850
------
TOTAL BORROWINGS 9700
MATURITIES ( 12800)
------
DAILY TOTAL ( 3100)
44600
1/ 9/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/10/97 716.23 716.23 4725
COMM PAP 1 ST BOST ROLLOVER 5.340% 5.346% 7 1/16/97 1168.13 8176.88 7875
COMM PAP 1 ST BOST NEW MONEY 5.340% 5.345% 6 1/15/97 589.63 3537.75 3975
------
TOTAL BORROWINGS 16575
MATURITIES ( 12725)
------
DAILY TOTAL 3850
48450
1/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 3 1/13/97 716.23 2148.69 4725
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.336% 7 1/17/97 862.42 6036.97 5825
------
TOTAL BORROWINGS 10550
MATURITIES ( 12825)
------
DAILY TOTAL ( 2275)
46175
1/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/14/97 716.23 716.23 4725
MONEYPOOL MONEYPOOL NEW MONEY 5.457% 5.457% 1 1/14/97 185.69 185.69 1225
COMM PAP MER LYNCH ROLLOVER 5.360% 5.366% 8 1/21/97 1447.94 11583.56 9725
------
TOTAL BORROWINGS 15675
MATURITIES ( 14450)
------
DAILY TOTAL 1225
47400
1/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/15/97 886.76 886.76 5850
COMM PAP MER LYNCH ROLLOVER 5.350% 5.356% 8 1/22/97 1274.34 10194.72 8575
------
TOTAL BORROWINGS 14425
MATURITIES ( 15150)
------
DAILY TOTAL ( 725)
46675
<PAGE>
1/15/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/16/97 886.76 886.76 5850
MONEYPOOL MONEYPOOL NEW MONEY 5.457% 5.457% 1 1/16/97 754.13 754.13 4975
COMM PAP MER LYNCH ROLLOVER 5.360% 5.366% 8 1/23/97 372.22 2977.78 2500
COMM PAP 1 ST BOST ROLLOVER 5.420% 5.427% 9 1/24/97 598.46 5386.13 3975
------
TOTAL BORROWINGS 17300
MATURITIES ( 14675)
------
DAILY TOTAL 2625
49300
1/16/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/17/97 1640.89 1640.89 10825
MONEYPOOL MONEYPOOL NEW MONEY 5.457% 5.457% 1 1/17/97 37.90 37.90 250
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.275% 7 1/23/97 1097.92 7685.42 7500
------
TOTAL BORROWINGS 18575
MATURITIES ( 18700)
------
DAILY TOTAL ( 125)
49175
1/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 4 1/21/97 1512.04 6048.18 9975
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.278% 10 1/27/97 516.02 5160.21 3525
------
TOTAL BORROWINGS 13500
MATURITIES ( 16900)
------
DAILY TOTAL ( 3400)
45775
1/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/22/97 1102.77 1102.77 7275
COMM PAP MER LYNCH ROLLOVER 5.320% 5.326% 7 1/28/97 1437.14 10059.97 9725
COMM PAP MER LYNCH NEW MONEY 5.320% 5.325% 6 1/27/97 465.50 2793.00 3150
------
TOTAL BORROWINGS 20150
MATURITIES ( 19700)
------
DAILY TOTAL 450
46225
1/22/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/23/97 1102.77 1102.77 7275
MONEYPOOL MONEYPOOL NEW MONEY 5.457% 5.457% 1 1/23/97 87.16 87.16 575
COMM PAP MER LYNCH ROLLOVER 5.310% 5.317% 9 1/31/97 973.50 8761.50 6600
------
TOTAL BORROWINGS 14450
MATURITIES ( 15850)
------
DAILY TOTAL ( 1400)
44825
<PAGE>
1/23/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/24/97 1144.45 1144.45 7550
COMM PAP MER LYNCH ROLLOVER 5.250% 5.253% 4 1/27/97 149.48 597.92 1025
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.275% 6 1/29/97 1097.92 6587.50 7500
------
TOTAL BORROWINGS 16075
MATURITIES ( 17850)
------
DAILY TOTAL ( 1775)
43050
1/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 3 1/27/97 1095.19 3285.57 7225
COMM PAP 1 ST BOST ROLLOVER 5.290% 5.295% 6 1/30/97 584.10 3504.63 3975
COMM PAP 1 ST BOST NEW MONEY 5.290% 5.295% 6 1/30/97 356.34 2138.04 2425
------
TOTAL BORROWINGS 13625
MATURITIES ( 11525)
------
DAILY TOTAL 2100
45150
1/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/28/97 1042.14 1042.14 6875
COMM PAP MER LYNCH ROLLOVER 5.380% 5.386% 7 2/ 3/97 623.93 4367.51 4175
COMM PAP 1 ST BOST ROLLOVER 5.380% 5.386% 7 2/ 3/97 526.79 3687.54 3525
------
TOTAL BORROWINGS 14575
MATURITIES ( 14925)
------
DAILY TOTAL ( 350)
44800
1/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/29/97 1042.14 1042.14 6875
MONEYPOOL MONEYPOOL NEW MONEY 5.457% 5.457% 1 1/29/97 117.48 117.48 775
COMM PAP MER LYNCH ROLLOVER 5.380% 5.386% 7 2/ 4/97 1318.85 9231.93 8825
------
TOTAL BORROWINGS 16475
MATURITIES ( 16600)
------
DAILY TOTAL ( 125)
44675
1/29/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/30/97 1114.14 1114.14 7350
COMM PAP 1 ST BOST NEW MONEY 5.440% 5.446% 7 2/ 5/97 124.67 872.67 825
COMM PAP 1 ST BOST ROLLOVER 5.440% 5.446% 7 2/ 5/97 1133.33 7933.33 7500
------
TOTAL BORROWINGS 15675
MATURITIES ( 15150)
------
DAILY TOTAL 525
45200
<PAGE>
1/30/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 1/31/97 1114.14 1114.14 7350
COMM PAP 1 ST BOST NEW MONEY 5.430% 5.436% 7 2/ 6/97 131.98 923.85 875
COMM PAP 1 ST BOST ROLLOVER 5.430% 5.436% 7 2/ 6/97 965.33 6757.33 6400
------
TOTAL BORROWINGS 14625
MATURITIES ( 13750)
------
DAILY TOTAL 875
46075
1/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.457% 5.457% 1 2/ 1/97 1114.14 1114.14 7350
MONEYPOOL MONEYPOOL NEW MONEY 5.457% 5.457% 1 2/ 1/97 295.59 295.59 1950
COMM PAP MER LYNCH ROLLOVER 5.430% 5.436% 7 2/ 7/97 923.85 6466.98 6125
------
TOTAL BORROWINGS 15425
MATURITIES ( 13950)
------
DAILY TOTAL 1475
47550
2/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 2 2/ 3/97 1087.80 2175.60 7350
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 2 2/ 3/97 288.60 577.20 1950
------
TOTAL BORROWINGS 9300
MATURITIES ( 9300)
------
DAILY TOTAL 0
47550
2/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/ 4/97 1343.10 1343.10 9075
COMM PAP MER LYNCH ROLLOVER 5.330% 5.336% 7 2/10/97 618.13 4326.92 4175
COMM PAP 1 ST BOST NEW MONEY 5.340% 5.343% 4 2/ 7/97 441.29 1765.17 2975
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.356% 7 2/10/97 523.85 3666.98 3525
------
TOTAL BORROWINGS 19750
MATURITIES ( 17000)
------
DAILY TOTAL 2750
50300
2/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/ 5/97 1121.10 1121.10 7575
COMM PAP MER LYNCH ROLLOVER 5.330% 5.336% 7 2/11/97 655.15 4586.02 4425
------
TOTAL BORROWINGS 12000
MATURITIES ( 17900)
------
DAILY TOTAL ( 5900)
44400
<PAGE>
2/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/ 6/97 1121.10 1121.10 7575
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 1 2/ 6/97 103.60 103.60 700
COMM PAP 1 ST BOST ROLLOVER 5.200% 5.201% 1 2/ 6/97 678.89 678.89 4700
------
TOTAL BORROWINGS 12975
MATURITIES ( 15900)
------
DAILY TOTAL ( 2925)
41475
2/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/ 7/97 921.30 921.30 6225
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.305% 6 2/12/97 1067.36 6404.17 7250
------
TOTAL BORROWINGS 13475
MATURITIES ( 20250)
------
DAILY TOTAL ( 6775)
34700
2/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 3 2/10/97 921.30 2763.90 6225
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 3 2/10/97 103.60 310.80 700
COMM PAP MER LYNCH ROLLOVER 5.280% 5.285% 6 2/13/97 638.00 3828.00 4350
COMM PAP 1 ST BOST ROLLOVER 5.290% 5.295% 6 2/13/97 437.16 2622.96 2975
------
TOTAL BORROWINGS 14250
MATURITIES ( 15325)
------
DAILY TOTAL ( 1075)
33625
2/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/11/97 980.50 980.50 6625
COMM PAP MER LYNCH ROLLOVER 5.310% 5.317% 9 2/19/97 457.25 4115.25 3100
COMM PAP 1 ST BOST ROLLOVER 5.310% 5.312% 3 2/13/97 519.94 1559.81 3525
------
TOTAL BORROWINGS 13250
MATURITIES ( 14625)
------
DAILY TOTAL ( 1375)
32250
2/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/12/97 980.50 980.50 6625
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 1 2/12/97 22.20 22.20 150
COMM PAP MER LYNCH ROLLOVER 5.270% 5.272% 3 2/14/97 208.60 625.81 1425
------
TOTAL BORROWINGS 8200
MATURITIES ( 11050)
------
DAILY TOTAL ( 2850)
29400
<PAGE>
2/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/13/97 1002.70 1002.70 6775
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 1 2/13/97 29.60 29.60 200
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.322% 2 2/14/97 594.81 1189.61 4025
------
TOTAL BORROWINGS 11000
MATURITIES ( 14025)
------
DAILY TOTAL ( 3025)
26375
2/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/14/97 1021.20 1021.20 6900
MATURITIES ( 17825)
------
DAILY TOTAL ( 10925)
15450
2/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 4 2/18/97 1021.20 4084.80 6900
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 4 2/18/97 125.80 503.20 850
COMM PAP MER LYNCH NEW MONEY 5.280% 5.284% 5 2/19/97 674.67 3373.33 4600
COMM PAP MER LYNCH ROLLOVER 5.140% 5.143% 4 2/18/97 203.46 813.83 1425
COMM PAP 1 ST BOST ROLLOVER 5.160% 5.163% 4 2/18/97 576.92 2307.67 4025
------
TOTAL BORROWINGS 17800
MATURITIES ( 12350)
------
DAILY TOTAL 5450
20900
2/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/19/97 1147.00 1147.00 7750
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 1 2/19/97 111.00 111.00 750
COMM PAP MER LYNCH ROLLOVER 5.380% 5.382% 2 2/20/97 212.96 425.92 1425
COMM PAP MER LYNCH NEW MONEY 5.380% 5.382% 2 2/20/97 885.46 1770.92 5925
COMM PAP 1 ST BOST ROLLOVER 5.320% 5.322% 3 2/21/97 594.81 1784.42 4025
------
TOTAL BORROWINGS 19875
MATURITIES ( 13200)
------
DAILY TOTAL 6675
27575
2/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/20/97 1258.00 1258.00 8500
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 1 2/20/97 25.90 25.90 175
COMM PAP MER LYNCH ROLLOVER 5.250% 5.252% 2 2/21/97 973.44 1946.88 6675
------
TOTAL BORROWINGS 15350
MATURITIES ( 16200)
------
DAILY TOTAL ( 850)
26725
<PAGE>
2/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/21/97 1283.90 1283.90 8675
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 1 2/21/97 81.40 81.40 550
COMM PAP MER LYNCH ROLLOVER 5.220% 5.223% 4 2/24/97 920.75 3683.00 6350
------
TOTAL BORROWINGS 15575
MATURITIES ( 16025)
------
DAILY TOTAL ( 450)
26275
2/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 3 2/24/97 1110.00 3330.00 7500
COMM PAP MER LYNCH ROLLOVER 5.150% 5.153% 4 2/25/97 429.17 1716.67 3000
COMM PAP 1 ST BOST ROLLOVER 5.250% 5.253% 4 2/25/97 586.98 2347.92 4025
------
TOTAL BORROWINGS 14525
MATURITIES ( 19925)
------
DAILY TOTAL ( 5400)
20875
2/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/25/97 1110.00 1110.00 7500
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 1 2/25/97 155.40 155.40 1050
COMM PAP MER LYNCH ROLLOVER 5.250% 5.251% 1 2/25/97 291.67 291.67 2000
------
TOTAL BORROWINGS 10550
MATURITIES ( 13850)
------
DAILY TOTAL ( 3300)
17575
2/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/26/97 1132.20 1132.20 7650
MATURITIES ( 17575)
------
DAILY TOTAL ( 9925)
7650
2/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/27/97 836.20 836.20 5650
MATURITIES ( 7650)
------
DAILY TOTAL ( 2000)
5650
2/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 2/28/97 296.00 296.00 2000
MATURITIES ( 5650)
------
DAILY TOTAL ( 3650)
2000
<PAGE>
2/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.328% 5.328% 1 3/ 1/97 296.00 296.00 2000
MONEYPOOL MONEYPOOL NEW MONEY 5.328% 5.328% 1 3/ 1/97 244.20 244.20 1650
------
TOTAL BORROWINGS 3650
MATURITIES ( 2000)
------
DAILY TOTAL 1650
3650
3/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 2 3/ 3/97 305.33 610.67 2000
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 2 3/ 3/97 251.90 503.80 1650
------
TOTAL BORROWINGS 3650
MATURITIES ( 3650)
------
DAILY TOTAL 0
3650
3/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/ 4/97 557.23 557.23 3650
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 3/ 4/97 847.30 847.30 5550
------
TOTAL BORROWINGS 9200
MATURITIES ( 3650)
------
DAILY TOTAL 5550
9200
3/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/ 5/97 236.63 236.63 1550
MATURITIES ( 9200)
------
DAILY TOTAL ( 7650)
1550
3/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/ 6/97 38.17 38.17 250
MATURITIES ( 1550)
------
DAILY TOTAL ( 1300)
250
3/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/ 7/97 38.17 38.17 250
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 3/ 7/97 148.85 148.85 975
------
TOTAL BORROWINGS 1225
MATURITIES ( 250)
------
DAILY TOTAL 975
1225
<PAGE>
3/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 3 3/10/97 187.02 561.05 1225
COMM PAP MER LYNCH NEW MONEY 5.220% 5.222% 3 3/10/97 300.87 902.62 2075
------
TOTAL BORROWINGS 3300
MATURITIES ( 1225)
------
DAILY TOTAL 2075
3300
3/10/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 3/11/97 297.70 297.70 1950
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/11/97 187.02 187.02 1225
COMM PAP MER LYNCH ROLLOVER 5.270% 5.271% 1 3/11/97 303.76 303.76 2075
------
TOTAL BORROWINGS 5250
MATURITIES ( 3300)
------
DAILY TOTAL 1950
5250
3/11/97:
MATURITIES ( 5250)
0
3/12/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 3/13/97 645.02 645.02 4225
4225
3/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/14/97 645.02 645.02 4225
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 3/14/97 183.20 183.20 1200
------
TOTAL BORROWINGS 5425
MATURITIES ( 4225)
------
DAILY TOTAL 1200
5425
3/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 3 3/17/97 503.80 1511.40 3300
MATURITIES ( 5425)
------
DAILY TOTAL ( 2125)
3300
3/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/18/97 503.80 503.80 3300
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 3/18/97 30.53 30.53 200
COMM PAP 1 ST BOST NEW MONEY 5.430% 5.431% 1 3/18/97 1383.90 1383.90 9175
------
TOTAL BORROWINGS 12675
MATURITIES ( 3300)
------
DAILY TOTAL 9375
12675
<PAGE>
3/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/19/97 465.63 465.63 3050
COMM PAP MER LYNCH NEW MONEY 5.270% 5.272% 2 3/20/97 764.88 1529.76 5225
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.271% 1 3/19/97 1343.12 1343.12 9175
------
TOTAL BORROWINGS 17450
MATURITIES ( 12675)
------
DAILY TOTAL 4775
17450
3/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/20/97 465.63 465.63 3050
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 3/20/97 80.15 80.15 525
COMM PAP 1 ST BOST ROLLOVER 5.280% 5.282% 2 3/21/97 1345.67 2691.33 9175
COMM PAP MER LYNCH NEW MONEY 5.250% 5.251% 1 3/20/97 597.92 597.92 4100
------
TOTAL BORROWINGS 16850
MATURITIES ( 12225)
------
DAILY TOTAL 4625
22075
3/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/21/97 515.25 515.25 3375
COMM PAP MER LYNCH ROLLOVER 5.300% 5.303% 4 3/24/97 1372.85 5491.39 9325
COMM PAP 1 ST BOST NEW MONEY 5.330% 5.334% 5 3/25/97 821.71 4108.54 5550
------
TOTAL BORROWINGS 18250
MATURITIES ( 12900)
------
DAILY TOTAL 5350
27425
3/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 3 3/24/97 351.13 1053.40 2300
COMM PAP MER LYNCH NEW MONEY 5.300% 5.303% 4 3/25/97 710.35 2841.39 4825
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.334% 5 3/26/97 1358.41 6792.05 9175
------
TOTAL BORROWINGS 16300
MATURITIES ( 12550)
------
DAILY TOTAL 3750
31175
3/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/25/97 351.13 351.13 2300
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 3/25/97 41.98 41.98 275
COMM PAP MER LYNCH ROLLOVER 5.440% 5.442% 3 3/27/97 502.44 1507.33 3325
------
TOTAL BORROWINGS 5900
MATURITIES ( 11625)
------
DAILY TOTAL ( 5725)
25450
<PAGE>
3/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/26/97 385.48 385.48 2525
COMM PAP 1 ST BOST ROLLOVER 5.700% 5.705% 6 3/31/97 787.71 4726.25 4975
------
TOTAL BORROWINGS 7500
MATURITIES ( 12950)
------
DAILY TOTAL ( 5450)
20000
3/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/27/97 358.77 358.77 2350
COMM PAP 1 ST BOST ROLLOVER 5.800% 5.807% 7 4/ 2/97 1143.89 8007.22 7100
------
TOTAL BORROWINGS 9450
MATURITIES ( 11700)
------
DAILY TOTAL ( 2250)
17750
3/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 3/28/97 358.77 358.77 2350
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 3/28/97 15.27 15.27 100
COMM PAP MER LYNCH ROLLOVER 5.600% 5.603% 4 3/31/97 517.22 2068.89 3325
COMM PAP MER LYNCH NEW MONEY 5.800% 5.805% 5 4/ 1/97 1454.03 7270.14 9025
------
TOTAL BORROWINGS 14800
MATURITIES ( 5675)
------
DAILY TOTAL 9125
26875
3/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 3 3/31/97 374.03 1122.10 2450
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 3 3/31/97 267.17 801.50 1750
------
TOTAL BORROWINGS 4200
MATURITIES ( 2450)
------
DAILY TOTAL 1750
28625
3/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.496% 5.496% 1 4/ 1/97 641.20 641.20 4200
MONEYPOOL MONEYPOOL NEW MONEY 5.496% 5.496% 1 4/ 1/97 30.53 30.53 200
COMM PAP 1 ST BOST ROLLOVER 6.000% 6.003% 3 4/ 3/97 225.00 675.00 1350
------
TOTAL BORROWINGS 5750
MATURITIES ( 12500)
------
DAILY TOTAL ( 6750)
21875
TEMPORARY BORROWING STATISTICS
------------------------------
1/ 1/97 TO 3/31/97
--------------------
BORROWINGS AT 3/31/97 $ 21875000
</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 @ 1/ 1/97 19025
1/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/ 2/97 799.86 799.86 5300
MATURITIES ( 5300)
------
DAILY TOTAL 0
19025
1/ 2/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/ 3/97 799.86 799.86 5300
MONEYPOOL MONEYPOOL NEW MONEY 5.433% 5.433% 1 1/ 3/97 479.16 479.16 3175
COMM PAP 1 ST BOST ROLLOVER 5.520% 5.524% 5 1/ 7/97 295.17 1475.83 1925
------
TOTAL BORROWINGS 10400
MATURITIES ( 10100)
------
DAILY TOTAL 300
19325
1/ 3/97:
COMM PAP MER LYNCH NEW MONEY 5.370% 5.372% 3 1/ 6/97 275.96 827.88 1850
COMM PAP 1 ST BOST ROLLOVER 5.400% 5.404% 5 1/ 8/97 1038.75 5193.75 6925
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 3 1/ 6/97 1041.32 3123.98 6900
------
TOTAL BORROWINGS 15675
MATURITIES ( 15400)
------
DAILY TOTAL 275
19600
1/ 6/97:
COMM PAP 1 ST BOST NEW MONEY 5.320% 5.321% 1 1/ 7/97 203.19 203.19 1375
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/ 7/97 724.40 724.40 4800
COMM PAP MER LYNCH ROLLOVER 5.370% 5.372% 3 1/ 9/97 574.29 1722.88 3850
------
TOTAL BORROWINGS 10025
MATURITIES ( 10750)
------
DAILY TOTAL ( 725)
18875
1/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/ 8/97 724.40 724.40 4800
MONEYPOOL MONEYPOOL NEW MONEY 5.433% 5.433% 1 1/ 8/97 79.23 79.23 525
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.272% 3 1/10/97 234.22 702.67 1600
------
TOTAL BORROWINGS 6925
MATURITIES ( 8100)
------
DAILY TOTAL ( 1175)
17700
<PAGE>
1/ 8/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/ 9/97 731.95 731.95 4850
COMM PAP 1 ST BOST NEW MONEY 5.280% 5.282% 2 1/10/97 121.00 242.00 825
COMM PAP 1 ST BOST ROLLOVER 5.280% 5.284% 5 1/13/97 1015.67 5078.33 6925
------
TOTAL BORROWINGS 12600
MATURITIES ( 12250)
------
DAILY TOTAL 350
18050
1/ 9/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/10/97 713.08 713.08 4725
COMM PAP MER LYNCH NEW MONEY 5.290% 5.294% 5 1/14/97 117.56 587.78 800
COMM PAP MER LYNCH ROLLOVER 5.290% 5.294% 5 1/14/97 565.74 2828.68 3850
------
TOTAL BORROWINGS 9375
MATURITIES ( 8700)
------
DAILY TOTAL 675
18725
1/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 3 1/13/97 713.08 2139.24 4725
MONEYPOOL MONEYPOOL NEW MONEY 5.433% 5.433% 3 1/13/97 15.09 45.28 100
COMM PAP 1 ST BOST ROLLOVER 5.280% 5.283% 4 1/14/97 143.00 572.00 975
------
TOTAL BORROWINGS 5800
MATURITIES ( 7150)
------
DAILY TOTAL ( 1350)
17375
1/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/14/97 728.17 728.17 4825
MONEYPOOL MONEYPOOL NEW MONEY 5.433% 5.433% 1 1/14/97 169.78 169.78 1125
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.352% 2 1/15/97 876.81 1753.61 5900
------
TOTAL BORROWINGS 11850
MATURITIES ( 11750)
------
DAILY TOTAL 100
17475
1/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/15/97 879.09 879.09 5825
COMM PAP MER LYNCH ROLLOVER 5.360% 5.362% 2 1/16/97 536.00 1072.00 3600
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.302% 2 1/16/97 143.54 287.08 975
------
TOTAL BORROWINGS 10400
MATURITIES ( 11575)
------
DAILY TOTAL ( 1175)
16300
<PAGE>
1/15/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/16/97 879.09 879.09 5825
MONEYPOOL MONEYPOOL NEW MONEY 5.433% 5.433% 1 1/16/97 754.58 754.58 5000
COMM PAP 1 ST BOST ROLLOVER 5.480% 5.481% 1 1/16/97 296.83 296.83 1950
------
TOTAL BORROWINGS 12775
MATURITIES ( 11725)
------
DAILY TOTAL 1050
17350
1/16/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/17/97 1633.67 1633.67 10825
MONEYPOOL MONEYPOOL NEW MONEY 5.433% 5.433% 1 1/17/97 41.50 41.50 275
COMM PAP 1 ST BOST ROLLOVER 5.280% 5.281% 1 1/17/97 429.00 429.00 2925
COMM PAP MER LYNCH ROLLOVER 5.300% 5.304% 5 1/21/97 426.94 2134.72 2900
------
TOTAL BORROWINGS 16925
MATURITIES ( 17350)
------
DAILY TOTAL ( 425)
16925
1/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 4 1/21/97 1505.39 6021.58 9975
COMM PAP 1 ST BOST ROLLOVER 5.250% 5.254% 5 1/22/97 426.56 2132.81 2925
COMM PAP 1 ST BOST NEW MONEY 5.250% 5.254% 5 1/22/97 29.17 145.83 200
------
TOTAL BORROWINGS 13100
MATURITIES ( 14025)
------
DAILY TOTAL ( 925)
16000
1/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/22/97 1097.92 1097.92 7275
COMM PAP MER LYNCH ROLLOVER 5.350% 5.352% 2 1/23/97 430.97 861.94 2900
COMM PAP MER LYNCH NEW MONEY 5.350% 5.352% 2 1/23/97 453.26 906.53 3050
------
TOTAL BORROWINGS 13225
MATURITIES ( 12875)
------
DAILY TOTAL 350
16350
1/22/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/23/97 1097.92 1097.92 7275
MONEYPOOL MONEYPOOL NEW MONEY 5.433% 5.433% 1 1/23/97 86.78 86.78 575
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.272% 2 1/24/97 223.24 446.49 1525
------
TOTAL BORROWINGS 9375
MATURITIES ( 10400)
------
DAILY TOTAL ( 1025)
15325
<PAGE>
1/23/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/24/97 1143.19 1143.19 7575
COMM PAP MER LYNCH ROLLOVER 5.250% 5.253% 4 1/27/97 823.96 3295.83 5650
------
TOTAL BORROWINGS 13225
MATURITIES ( 13800)
------
DAILY TOTAL ( 575)
14750
1/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 3 1/27/97 1090.37 3271.12 7225
COMM PAP 1 ST BOST ROLLOVER 5.250% 5.253% 4 1/28/97 222.40 889.58 1525
COMM PAP 1 ST BOST NEW MONEY 5.250% 5.253% 4 1/28/97 65.62 262.50 450
------
TOTAL BORROWINGS 9200
MATURITIES ( 9100)
------
DAILY TOTAL 100
14850
1/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/28/97 1030.01 1030.01 6825
COMM PAP MER LYNCH ROLLOVER 5.350% 5.352% 2 1/29/97 839.65 1679.31 5650
COMM PAP MER LYNCH NEW MONEY 5.350% 5.352% 2 1/29/97 37.15 74.31 250
------
TOTAL BORROWINGS 12725
MATURITIES ( 12875)
------
DAILY TOTAL ( 150)
14700
1/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/29/97 1030.01 1030.01 6825
MONEYPOOL MONEYPOOL NEW MONEY 5.433% 5.433% 1 1/29/97 241.47 241.47 1600
------
TOTAL BORROWINGS 8425
MATURITIES ( 8800)
------
DAILY TOTAL ( 375)
14325
1/29/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/30/97 1271.47 1271.47 8425
COMM PAP MER LYNCH ROLLOVER 5.560% 5.561% 1 1/30/97 791.53 791.53 5125
------
TOTAL BORROWINGS 13550
MATURITIES ( 14325)
------
DAILY TOTAL ( 775)
13550
1/30/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 1/31/97 1207.33 1207.33 8000
COMM PAP MER LYNCH ROLLOVER 5.400% 5.401% 1 1/31/97 585.00 585.00 3900
------
TOTAL BORROWINGS 11900
MATURITIES ( 13550)
------
DAILY TOTAL ( 1650)
11900
<PAGE>
1/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.433% 5.433% 1 2/ 1/97 1207.33 1207.33 8000
MONEYPOOL MONEYPOOL NEW MONEY 5.433% 5.433% 1 2/ 1/97 196.19 196.19 1300
COMM PAP MER LYNCH ROLLOVER 5.560% 5.563% 3 2/ 3/97 575.31 1725.92 3725
------
TOTAL BORROWINGS 13025
MATURITIES ( 11900)
------
DAILY TOTAL 1125
13025
2/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 2 2/ 3/97 1182.44 2364.89 8000
MONEYPOOL MONEYPOOL NEW MONEY 5.321% 5.321% 2 2/ 3/97 192.15 384.29 1300
------
TOTAL BORROWINGS 9300
MATURITIES ( 9300)
------
DAILY TOTAL 0
13025
2/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/ 4/97 1341.34 1341.34 9075
COMM PAP MER LYNCH ROLLOVER 5.360% 5.361% 1 2/ 4/97 554.61 554.61 3725
COMM PAP 1 ST BOST NEW MONEY 5.340% 5.342% 2 2/ 5/97 637.83 1275.67 4300
------
TOTAL BORROWINGS 17100
MATURITIES ( 13025)
------
DAILY TOTAL 4075
17100
2/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/ 5/97 1119.63 1119.63 7575
COMM PAP MER LYNCH ROLLOVER 5.280% 5.282% 2 2/ 6/97 546.33 1092.67 3725
COMM PAP MER LYNCH NEW MONEY 5.280% 5.282% 2 2/ 6/97 95.33 190.67 650
------
TOTAL BORROWINGS 11950
MATURITIES ( 12800)
------
DAILY TOTAL ( 850)
16250
2/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/ 6/97 1119.63 1119.63 7575
MONEYPOOL MONEYPOOL NEW MONEY 5.321% 5.321% 1 2/ 6/97 107.16 107.16 725
COMM PAP 1 ST BOST ROLLOVER 5.220% 5.222% 2 2/ 7/97 304.50 609.00 2100
------
TOTAL BORROWINGS 10400
MATURITIES ( 11875)
------
DAILY TOTAL ( 1475)
14775
<PAGE>
2/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/ 7/97 923.78 923.78 6250
COMM PAP MER LYNCH ROLLOVER 5.260% 5.263% 4 2/10/97 584.44 2337.78 4000
------
TOTAL BORROWINGS 10250
MATURITIES ( 12675)
------
DAILY TOTAL ( 2425)
12350
2/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 3 2/10/97 923.78 2771.35 6250
MONEYPOOL MONEYPOOL NEW MONEY 5.321% 5.321% 3 2/10/97 151.50 454.50 1025
------
TOTAL BORROWINGS 7275
MATURITIES ( 8350)
------
DAILY TOTAL ( 1075)
11275
2/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/11/97 982.91 982.91 6650
COMM PAP MER LYNCH ROLLOVER 5.280% 5.281% 1 2/11/97 586.67 586.67 4000
COMM PAP MER LYNCH NEW MONEY 5.280% 5.281% 1 2/11/97 143.00 143.00 975
------
TOTAL BORROWINGS 11625
MATURITIES ( 11275)
------
DAILY TOTAL 350
11625
2/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/12/97 982.91 982.91 6650
MONEYPOOL MONEYPOOL NEW MONEY 5.321% 5.321% 1 2/12/97 14.78 14.78 100
COMM PAP MER LYNCH ROLLOVER 5.200% 5.201% 1 2/12/97 516.39 516.39 3575
------
TOTAL BORROWINGS 10325
MATURITIES ( 11625)
------
DAILY TOTAL ( 1300)
10325
2/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/13/97 997.69 997.69 6750
MONEYPOOL MONEYPOOL NEW MONEY 5.321% 5.321% 1 2/13/97 33.26 33.26 225
COMM PAP MER LYNCH ROLLOVER 5.440% 5.441% 1 2/13/97 222.89 222.89 1475
------
TOTAL BORROWINGS 8450
MATURITIES ( 10325)
------
DAILY TOTAL ( 1875)
8450
2/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/14/97 938.57 938.57 6350
MATURITIES ( 8450)
------
DAILY TOTAL ( 2100)
6350
<PAGE>
2/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 4 2/18/97 938.57 3754.26 6350
MONEYPOOL MONEYPOOL NEW MONEY 5.321% 5.321% 4 2/18/97 77.60 310.39 525
------
TOTAL BORROWINGS 6875
MATURITIES ( 6350)
------
DAILY TOTAL 525
6875
2/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/19/97 1016.16 1016.16 6875
MONEYPOOL MONEYPOOL NEW MONEY 5.321% 5.321% 1 2/19/97 114.55 114.55 775
------
TOTAL BORROWINGS 7650
MATURITIES ( 6875)
------
DAILY TOTAL 775
7650
2/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/20/97 1056.81 1056.81 7150
MATURITIES ( 7650)
------
DAILY TOTAL ( 500)
7150
2/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/21/97 1056.81 1056.81 7150
MONEYPOOL MONEYPOOL NEW MONEY 5.321% 5.321% 1 2/21/97 18.48 18.48 125
------
TOTAL BORROWINGS 7275
MATURITIES ( 7150)
------
DAILY TOTAL 125
7275
2/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 3 2/24/97 816.63 2449.88 5525
MATURITIES ( 7275)
------
DAILY TOTAL ( 1750)
5525
2/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/25/97 694.69 694.69 4700
MATURITIES ( 5525)
------
DAILY TOTAL ( 825)
4700
2/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.321% 5.321% 1 2/26/97 266.05 266.05 1800
MATURITIES ( 4700)
------
DAILY TOTAL ( 2900)
1800
2/26/97:
MATURITIES ( 1800)
0
<PAGE>
3/ 3/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 1 3/ 4/97 228.67 228.67 1500
1500
3/ 4/97:
MATURITIES ( 1500)
0
3/17/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 1 3/18/97 548.80 548.80 3600
COMM PAP 1 ST BOST NEW MONEY 5.430% 5.431% 1 3/18/97 377.08 377.08 2500
------
TOTAL BORROWINGS 6100
6100
3/18/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 1 3/19/97 464.96 464.96 3050
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.271% 1 3/19/97 365.97 365.97 2500
COMM PAP MER LYNCH NEW MONEY 5.270% 5.272% 2 3/20/97 230.56 461.13 1575
------
TOTAL BORROWINGS 7125
MATURITIES ( 6100)
------
DAILY TOTAL 1025
7125
3/19/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 1 3/20/97 464.96 464.96 3050
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 1 3/20/97 83.84 83.84 550
COMM PAP 1 ST BOST ROLLOVER 5.280% 5.282% 2 3/21/97 366.67 733.33 2500
COMM PAP 1 ST BOST NEW MONEY 5.280% 5.282% 2 3/21/97 91.67 183.33 625
------
TOTAL BORROWINGS 6725
MATURITIES ( 5550)
------
DAILY TOTAL 1175
8300
3/20/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 1 3/21/97 514.50 514.50 3375
COMM PAP MER LYNCH ROLLOVER 5.300% 5.303% 4 3/24/97 231.88 927.50 1575
COMM PAP MER LYNCH NEW MONEY 5.300% 5.303% 4 3/24/97 320.21 1280.83 2175
------
TOTAL BORROWINGS 7125
MATURITIES ( 5175)
------
DAILY TOTAL 1950
10250
3/21/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 3 3/24/97 350.62 1051.87 2300
COMM PAP MER LYNCH NEW MONEY 5.300% 5.303% 4 3/25/97 268.68 1074.72 1825
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.333% 4 3/25/97 462.67 1850.69 3125
------
TOTAL BORROWINGS 7250
MATURITIES ( 6500)
------
DAILY TOTAL 750
11000
<PAGE>
3/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.488% 5.488% 1 3/25/97 350.62 350.62 2300
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 1 3/25/97 38.11 38.11 250
COMM PAP MER LYNCH ROLLOVER 5.520% 5.522% 2 3/26/97 176.33 352.67 1150
------
TOTAL BORROWINGS 3700
MATURITIES ( 6050)
------
DAILY TOTAL ( 2350)
8650
3/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.488% 5.488% 1 3/26/97 388.73 388.73 2550
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.602% 2 3/27/97 213.89 427.78 1375
COMM PAP MER LYNCH ROLLOVER 5.580% 5.582% 2 3/27/97 282.88 565.75 1825
------
TOTAL BORROWINGS 5750
MATURITIES ( 7500)
------
DAILY TOTAL ( 1750)
6900
3/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.488% 5.488% 1 3/27/97 388.73 388.73 2550
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 1 3/27/97 38.11 38.11 250
------
TOTAL BORROWINGS 2800
MATURITIES ( 3700)
------
DAILY TOTAL ( 900)
6000
3/27/97:
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.603% 4 3/31/97 213.89 855.56 1375
COMM PAP 1 ST BOST NEW MONEY 5.800% 5.805% 5 4/ 1/97 664.58 3322.92 4125
COMM PAP MER LYNCH ROLLOVER 5.600% 5.603% 4 3/31/97 283.89 1135.56 1825
MONEYPOOL MONEYPOOL ROLLOVER 5.488% 5.488% 1 3/28/97 426.84 426.84 2800
------
TOTAL BORROWINGS 10125
MATURITIES ( 6000)
------
DAILY TOTAL 4125
10125
3/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.488% 5.488% 3 3/31/97 426.84 1280.53 2800
MONEYPOOL MONEYPOOL NEW MONEY 5.488% 5.488% 3 3/31/97 270.59 811.77 1775
------
TOTAL BORROWINGS 4575
MATURITIES ( 2800)
------
DAILY TOTAL 1775
11900
3/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.488% 5.488% 1 4/ 1/97 403.98 403.98 2650
MATURITIES ( 7775)
------
DAILY TOTAL ( 5125)
6775
<PAGE>
TEMPORARY BORROWING STATISTICS
------------------------------
1/ 1/97 TO 3/31/97
--------------------
BORROWINGS AT 3/31/97 $ 6775000
</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 @ 1/ 1/97 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 @ 1/ 1/97 93600
1/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/ 2/97 811.91 811.91 5275
MATURITIES ( 5275)
------
DAILY TOTAL 0
93600
1/ 2/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/ 3/97 811.91 811.91 5275
MONEYPOOL MONEYPOOL NEW MONEY 5.541% 5.541% 1 1/ 3/97 488.69 488.69 3175
COMM PAP MER LYNCH ROLLOVER 5.530% 5.536% 7 1/ 9/97 1267.29 8871.04 8250
COMM PAP MER LYNCH NEW MONEY 5.480% 5.493% 15 1/17/97 2466.00 36990.00 16200
COMM PAP 1 ST BOST NEW MONEY 5.500% 5.511% 13 1/15/97 2478.82 32224.65 16225
------
TOTAL BORROWINGS 49125
MATURITIES ( 13525)
------
DAILY TOTAL 35600
129200
1/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 3 1/ 6/97 1058.18 3174.53 6875
COMM PAP MER LYNCH ROLLOVER 5.400% 5.415% 18 1/21/97 956.25 17212.50 6375
COMM PAP MER LYNCH NEW MONEY 5.400% 5.415% 18 1/21/97 963.75 17347.50 6425
------
TOTAL BORROWINGS 19675
MATURITIES ( 14825)
------
DAILY TOTAL 4850
134050
1/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/ 7/97 734.95 734.95 4775
COMM PAP 1 ST BOST ROLLOVER 5.400% 5.413% 16 1/22/97 1147.50 18360.00 7650
COMM PAP 1 ST BOST NEW MONEY 5.400% 5.414% 17 1/23/97 558.75 9498.75 3725
------
TOTAL BORROWINGS 16150
MATURITIES ( 14525)
------
DAILY TOTAL 1625
135675
<PAGE>
1/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/ 8/97 734.95 734.95 4775
MONEYPOOL MONEYPOOL NEW MONEY 5.541% 5.541% 1 1/ 8/97 88.50 88.50 575
COMM PAP 1 ST BOST ROLLOVER 5.380% 5.394% 17 1/24/97 1442.14 24516.37 9650
------
TOTAL BORROWINGS 15000
MATURITIES ( 14500)
------
DAILY TOTAL 500
136175
1/ 8/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/ 9/97 746.50 746.50 4850
COMM PAP MER LYNCH ROLLOVER 5.240% 5.242% 2 1/10/97 283.83 567.67 1950
------
TOTAL BORROWINGS 6800
MATURITIES ( 13000)
------
DAILY TOTAL ( 6200)
129975
1/ 9/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/10/97 727.26 727.26 4725
COMM PAP MER LYNCH ROLLOVER 5.330% 5.344% 18 1/27/97 1339.90 24118.25 9050
------
TOTAL BORROWINGS 13775
MATURITIES ( 24100)
------
DAILY TOTAL ( 10325)
119650
1/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 3 1/13/97 727.26 2181.77 4725
MONEYPOOL MONEYPOOL NEW MONEY 5.541% 5.541% 3 1/13/97 15.39 46.18 100
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.360% 13 1/23/97 419.83 5457.74 2825
------
TOTAL BORROWINGS 7650
MATURITIES ( 13025)
------
DAILY TOTAL ( 5375)
114275
1/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/14/97 742.65 742.65 4825
MONEYPOOL MONEYPOOL NEW MONEY 5.541% 5.541% 1 1/14/97 173.16 173.16 1125
COMM PAP MER LYNCH ROLLOVER 5.370% 5.382% 15 1/28/97 943.48 14152.19 6325
------
TOTAL BORROWINGS 12275
MATURITIES ( 13925)
------
DAILY TOTAL ( 1650)
112625
1/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/15/97 900.41 900.41 5850
COMM PAP MER LYNCH ROLLOVER 5.360% 5.362% 2 1/16/97 387.11 774.22 2600
------
TOTAL BORROWINGS 8450
MATURITIES ( 15075)
------
DAILY TOTAL ( 6625)
106000
<PAGE>
1/15/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/16/97 900.41 900.41 5850
MONEYPOOL MONEYPOOL NEW MONEY 5.541% 5.541% 1 1/16/97 761.89 761.89 4950
COMM PAP 1 ST BOST ROLLOVER 5.420% 5.436% 19 2/ 3/97 1279.72 24314.72 8500
------
TOTAL BORROWINGS 19300
MATURITIES ( 28675)
------
DAILY TOTAL ( 9375)
96625
1/16/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/17/97 1662.30 1662.30 10800
MONEYPOOL MONEYPOOL NEW MONEY 5.541% 5.541% 1 1/17/97 42.33 42.33 275
COMM PAP MER LYNCH ROLLOVER 5.320% 5.335% 19 2/ 4/97 1056.61 20075.61 7150
------
TOTAL BORROWINGS 18225
MATURITIES ( 19900)
------
DAILY TOTAL ( 1675)
94950
1/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 4 1/21/97 1535.32 6141.28 9975
COMM PAP MER LYNCH ROLLOVER 5.310% 5.325% 19 2/ 5/97 2389.50 45400.50 16200
COMM PAP 1 ST BOST NEW MONEY 5.250% 5.255% 6 1/23/97 685.42 4112.50 4700
------
TOTAL BORROWINGS 30875
MATURITIES ( 27275)
------
DAILY TOTAL 3600
98550
1/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/22/97 1115.90 1115.90 7250
COMM PAP MER LYNCH ROLLOVER 5.340% 5.356% 20 2/10/97 1883.83 37676.67 12700
------
TOTAL BORROWINGS 19950
MATURITIES ( 22775)
------
DAILY TOTAL ( 2825)
95725
1/22/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/23/97 1115.90 1115.90 7250
MONEYPOOL MONEYPOOL NEW MONEY 5.541% 5.541% 1 1/23/97 88.50 88.50 575
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.305% 6 1/28/97 404.86 2429.17 2750
------
TOTAL BORROWINGS 10575
MATURITIES ( 14900)
------
DAILY TOTAL ( 4325)
91400
<PAGE>
1/23/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/24/97 1162.07 1162.07 7550
COMM PAP 1 ST BOST ROLLOVER 5.270% 5.275% 6 1/29/97 1485.85 8915.08 10150
------
TOTAL BORROWINGS 17700
MATURITIES ( 19075)
------
DAILY TOTAL ( 1375)
90025
1/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 3 1/27/97 1108.20 3324.60 7200
COMM PAP 1 ST BOST ROLLOVER 5.290% 5.295% 6 1/30/97 1418.01 8508.08 9650
COMM PAP 1 ST BOST NEW MONEY 5.350% 5.364% 18 2/11/97 1374.65 24743.75 9250
------
TOTAL BORROWINGS 26100
MATURITIES ( 17200)
------
DAILY TOTAL 8900
98925
1/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/28/97 1035.09 1035.09 6725
COMM PAP MER LYNCH ROLLOVER 5.380% 5.388% 10 2/ 6/97 934.03 9340.28 6250
------
TOTAL BORROWINGS 12975
MATURITIES ( 16250)
------
DAILY TOTAL ( 3275)
95650
1/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/29/97 1035.09 1035.09 6725
MONEYPOOL MONEYPOOL NEW MONEY 5.541% 5.541% 1 1/29/97 142.37 142.37 925
COMM PAP MER LYNCH ROLLOVER 5.380% 5.388% 10 2/ 7/97 653.82 6538.19 4375
------
TOTAL BORROWINGS 12025
MATURITIES ( 15800)
------
DAILY TOTAL ( 3775)
91875
1/29/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/30/97 1135.14 1135.14 7375
COMM PAP 1 ST BOST ROLLOVER 5.400% 5.411% 14 2/12/97 742.50 10395.00 4950
------
TOTAL BORROWINGS 12325
MATURITIES ( 17800)
------
DAILY TOTAL ( 5475)
86400
1/30/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 1/31/97 1135.14 1135.14 7375
COMM PAP 1 ST BOST ROLLOVER 5.430% 5.437% 8 2/ 7/97 829.58 6636.67 5500
------
TOTAL BORROWINGS 12875
MATURITIES ( 17025)
------
DAILY TOTAL ( 4150)
82250
<PAGE>
1/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.541% 5.541% 1 2/ 1/97 1135.14 1135.14 7375
MONEYPOOL MONEYPOOL NEW MONEY 5.541% 5.541% 1 2/ 1/97 296.29 296.29 1925
COMM PAP 1 ST BOST NEW MONEY 5.440% 5.452% 14 2/14/97 1511.11 21155.56 10000
COMM PAP 1 ST BOST NEW MONEY 5.450% 5.460% 12 2/12/97 344.41 4132.92 2275
------
TOTAL BORROWINGS 21575
MATURITIES ( 7375)
------
DAILY TOTAL 14200
96450
2/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 2 2/ 3/97 1095.80 2191.60 7375
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 2 2/ 3/97 286.02 572.05 1925
------
TOTAL BORROWINGS 9300
MATURITIES ( 9300)
------
DAILY TOTAL 0
96450
2/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/ 4/97 1352.11 1352.11 9100
COMM PAP MER LYNCH NEW MONEY 5.370% 5.379% 11 2/14/97 950.94 10460.31 6375
COMM PAP 1 ST BOST NEW MONEY 5.350% 5.359% 11 2/14/97 891.67 9808.33 6000
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.362% 15 2/18/97 1263.19 18947.92 8500
------
TOTAL BORROWINGS 29975
MATURITIES ( 17800)
------
DAILY TOTAL 12175
108625
2/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/ 5/97 1129.23 1129.23 7600
COMM PAP MER LYNCH ROLLOVER 5.350% 5.362% 15 2/19/97 1062.57 15938.54 7150
COMM PAP MER LYNCH NEW MONEY 5.350% 5.363% 16 2/20/97 1211.18 19378.89 8150
------
TOTAL BORROWINGS 22900
MATURITIES ( 16250)
------
DAILY TOTAL 6650
115275
2/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/ 6/97 1129.23 1129.23 7600
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/ 6/97 104.01 104.01 700
COMM PAP MER LYNCH ROLLOVER 5.290% 5.296% 8 2/13/97 1153.51 9228.11 7850
------
TOTAL BORROWINGS 16150
MATURITIES ( 23800)
------
DAILY TOTAL ( 7650)
107625
<PAGE>
2/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/ 7/97 928.65 928.65 6250
COMM PAP MER LYNCH ROLLOVER 5.330% 5.339% 12 2/18/97 925.35 11104.17 6250
COMM PAP MER LYNCH NEW MONEY 5.330% 5.339% 12 2/18/97 403.45 4841.42 2725
------
TOTAL BORROWINGS 15225
MATURITIES ( 14550)
------
DAILY TOTAL 675
108300
2/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 3 2/10/97 928.65 2785.94 6250
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 3 2/10/97 130.01 390.03 875
COMM PAP MER LYNCH ROLLOVER 5.330% 5.341% 14 2/21/97 647.74 9068.40 4375
COMM PAP 1 ST BOST ROLLOVER 5.340% 5.353% 17 2/24/97 815.83 13869.17 5500
COMM PAP 1 ST BOST NEW MONEY 5.340% 5.353% 17 2/24/97 237.33 4034.67 1600
------
TOTAL BORROWINGS 18600
MATURITIES ( 16125)
------
DAILY TOTAL 2475
110775
2/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/11/97 984.36 984.36 6625
COMM PAP MER LYNCH ROLLOVER 5.320% 5.332% 15 2/25/97 1426.06 21390.84 9650
------
TOTAL BORROWINGS 16275
MATURITIES ( 19825)
------
DAILY TOTAL ( 3550)
107225
2/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/12/97 984.36 984.36 6625
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/12/97 22.29 22.29 150
COMM PAP 1 ST BOST ROLLOVER 5.310% 5.318% 10 2/21/97 556.81 5568.13 3775
------
TOTAL BORROWINGS 10550
MATURITIES ( 15875)
------
DAILY TOTAL ( 5325)
101900
2/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/13/97 1006.65 1006.65 6775
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/13/97 29.72 29.72 200
COMM PAP 1 ST BOST ROLLOVER 5.340% 5.351% 14 2/26/97 893.71 12511.92 6025
------
TOTAL BORROWINGS 13000
MATURITIES ( 14000)
------
DAILY TOTAL ( 1000)
100900
<PAGE>
2/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/14/97 1036.37 1036.37 6975
COMM PAP MER LYNCH NEW MONEY 5.320% 5.329% 11 2/24/97 192.11 2113.22 1300
COMM PAP MER LYNCH ROLLOVER 5.310% 5.321% 14 2/27/97 1157.88 16210.25 7850
------
TOTAL BORROWINGS 16125
MATURITIES ( 14825)
------
DAILY TOTAL 1300
102200
2/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 4 2/18/97 1036.37 4145.48 6975
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 4 2/18/97 126.30 505.18 850
COMM PAP MER LYNCH ROLLOVER 5.300% 5.311% 14 2/28/97 614.65 8605.14 4175
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.311% 14 2/28/97 1177.78 16488.89 8000
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.313% 17 3/ 3/97 1177.78 20022.22 8000
------
TOTAL BORROWINGS 28000
MATURITIES ( 29350)
------
DAILY TOTAL ( 1350)
100850
2/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/19/97 1162.66 1162.66 7825
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/19/97 107.72 107.72 725
COMM PAP 1 ST BOST ROLLOVER 5.450% 5.451% 1 2/19/97 968.89 968.89 6400
------
TOTAL BORROWINGS 14950
MATURITIES ( 25300)
------
DAILY TOTAL ( 10350)
90500
2/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/20/97 1270.39 1270.39 8550
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/20/97 22.29 22.29 150
COMM PAP MER LYNCH ROLLOVER 5.300% 5.310% 13 3/ 4/97 824.44 10717.78 5600
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.341% 14 3/ 5/97 947.56 13265.78 6400
------
TOTAL BORROWINGS 20700
MATURITIES ( 22100)
------
DAILY TOTAL ( 1400)
89100
2/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/21/97 1292.68 1292.68 8700
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/21/97 78.01 78.01 525
COMM PAP MER LYNCH ROLLOVER 5.300% 5.311% 14 3/ 6/97 728.75 10202.50 4950
------
TOTAL BORROWINGS 14175
MATURITIES ( 16850)
------
DAILY TOTAL ( 2675)
86425
<PAGE>
2/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 3 2/24/97 1110.66 3331.98 7475
COMM PAP MER LYNCH ROLLOVER 5.270% 5.278% 11 3/ 4/97 640.45 7044.96 4375
COMM PAP 1 ST BOST NEW MONEY 5.300% 5.310% 13 3/ 6/97 680.90 8851.74 4625
COMM PAP 1 ST BOST ROLLOVER 5.250% 5.254% 5 2/26/97 550.52 2752.60 3775
------
TOTAL BORROWINGS 20250
MATURITIES ( 17375)
------
DAILY TOTAL 2875
89300
2/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/25/97 1110.66 1110.66 7475
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/25/97 178.30 178.30 1200
COMM PAP MER LYNCH ROLLOVER 5.300% 5.309% 11 3/ 7/97 191.39 2105.28 1300
COMM PAP MER LYNCH NEW MONEY 5.300% 5.309% 11 3/ 7/97 1670.97 18380.70 11350
COMM PAP 1 ST BOST ROLLOVER 5.340% 5.351% 14 3/10/97 1053.17 14744.34 7100
------
TOTAL BORROWINGS 28425
MATURITIES ( 15875)
------
DAILY TOTAL 12550
101850
2/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/26/97 1288.96 1288.96 8675
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/26/97 579.48 579.48 3900
COMM PAP MER LYNCH ROLLOVER 5.340% 5.351% 14 3/11/97 1431.42 20039.84 9650
COMM PAP 1 ST BOST NEW MONEY 5.330% 5.336% 8 3/ 5/97 1680.43 13443.44 11350
------
TOTAL BORROWINGS 33575
MATURITIES ( 18325)
------
DAILY TOTAL 15250
117100
2/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/27/97 1868.44 1868.44 12575
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/27/97 408.60 408.60 2750
------
TOTAL BORROWINGS 15325
MATURITIES ( 22375)
------
DAILY TOTAL ( 7050)
110050
2/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 2/28/97 2277.04 2277.04 15325
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 2/28/97 683.48 683.48 4600
COMM PAP MER LYNCH ROLLOVER 5.280% 5.281% 1 2/28/97 726.00 726.00 4950
------
TOTAL BORROWINGS 24875
MATURITIES ( 23175)
------
DAILY TOTAL 1700
111750
<PAGE>
2/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.349% 5.349% 1 3/ 1/97 2960.52 2960.52 19925
MONEYPOOL MONEYPOOL NEW MONEY 5.349% 5.349% 1 3/ 1/97 612.91 612.91 4125
COMM PAP MER LYNCH ROLLOVER 5.420% 5.422% 3 3/ 3/97 922.15 2766.46 6125
COMM PAP 1 ST BOST ROLLOVER 5.450% 5.453% 4 3/ 4/97 726.67 2906.67 4800
------
TOTAL BORROWINGS 34975
MATURITIES ( 37050)
------
DAILY TOTAL ( 2075)
109675
3/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 2 3/ 3/97 2997.05 5994.10 19925
MONEYPOOL MONEYPOOL NEW MONEY 5.415% 5.415% 2 3/ 3/97 620.47 1240.94 4125
------
TOTAL BORROWINGS 24050
MATURITIES ( 24050)
------
DAILY TOTAL 0
109675
3/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/ 4/97 2143.44 2143.44 14250
COMM PAP MER LYNCH ROLLOVER 5.370% 5.378% 10 3/13/97 913.65 9136.46 6125
COMM PAP MER LYNCH NEW MONEY 5.370% 5.378% 10 3/13/97 850.25 8502.50 5700
COMM PAP MER LYNCH NEW MONEY 5.360% 5.368% 10 3/13/97 312.67 3126.67 2100
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.357% 9 3/12/97 1188.89 10700.00 8000
COMM PAP 1 ST BOST NEW MONEY 5.350% 5.357% 9 3/12/97 1188.89 10700.00 8000
------
TOTAL BORROWINGS 44175
MATURITIES ( 38175)
------
DAILY TOTAL 6000
115675
3/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/ 5/97 2143.44 2143.44 14250
MONEYPOOL MONEYPOOL NEW MONEY 5.415% 5.415% 1 3/ 5/97 1143.17 1143.17 7600
COMM PAP MER LYNCH ROLLOVER 5.300% 5.305% 6 3/10/97 1093.13 6558.75 7425
------
TOTAL BORROWINGS 29275
MATURITIES ( 29025)
------
DAILY TOTAL 250
115925
3/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/ 6/97 3286.60 3286.60 21850
MONEYPOOL MONEYPOOL NEW MONEY 5.415% 5.415% 1 3/ 6/97 229.39 229.39 1525
COMM PAP 1 ST BOST ROLLOVER 5.200% 5.201% 1 3/ 6/97 1292.78 1292.78 8950
------
TOTAL BORROWINGS 32325
MATURITIES ( 39600)
------
DAILY TOTAL ( 7275)
108650
<PAGE>
3/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/ 7/97 3504.71 3504.71 23300
COMM PAP MER LYNCH ROLLOVER 5.200% 5.203% 4 3/10/97 715.00 2860.00 4950
COMM PAP 1 ST BOST ROLLOVER 5.260% 5.266% 8 3/14/97 1983.46 15867.67 13575
COMM PAP 1 ST BOST NEW MONEY 5.250% 5.253% 4 3/10/97 401.04 1604.17 2750
------
TOTAL BORROWINGS 44575
MATURITIES ( 41900)
------
DAILY TOTAL 2675
111325
3/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 3 3/10/97 3275.32 9825.97 21775
COMM PAP MER LYNCH NEW MONEY 5.280% 5.288% 10 3/17/97 627.00 6270.00 4275
COMM PAP MER LYNCH ROLLOVER 5.280% 5.289% 11 3/18/97 1855.33 20408.67 12650
------
TOTAL BORROWINGS 38700
MATURITIES ( 35950)
------
DAILY TOTAL 2750
114075
3/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/11/97 2771.43 2771.43 18425
COMM PAP MER LYNCH ROLLOVER 5.320% 5.327% 9 3/19/97 1392.81 12535.25 9425
COMM PAP 1 ST BOST ROLLOVER 5.300% 5.307% 9 3/19/97 1450.14 13051.25 9850
------
TOTAL BORROWINGS 37700
MATURITIES ( 44000)
------
DAILY TOTAL ( 6300)
107775
3/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/12/97 2771.43 2771.43 18425
MONEYPOOL MONEYPOOL NEW MONEY 5.415% 5.415% 1 3/12/97 1286.06 1286.06 8550
COMM PAP MER LYNCH ROLLOVER 5.280% 5.281% 1 3/12/97 242.00 242.00 1650
------
TOTAL BORROWINGS 28625
MATURITIES ( 28075)
------
DAILY TOTAL 550
108325
3/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/13/97 2489.40 2489.40 16550
COMM PAP MER LYNCH ROLLOVER 5.430% 5.431% 1 3/13/97 248.88 248.88 1650
COMM PAP 1 ST BOST ROLLOVER 5.350% 5.356% 8 3/20/97 2340.62 18725.00 15750
------
TOTAL BORROWINGS 33950
MATURITIES ( 44625)
------
DAILY TOTAL ( 10675)
97650
<PAGE>
3/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/14/97 1327.43 1327.43 8825
COMM PAP MER LYNCH ROLLOVER 5.300% 5.306% 8 3/21/97 1030.56 8244.45 7000
COMM PAP MER LYNCH ROLLOVER 5.300% 5.309% 11 3/24/97 1262.43 13886.74 8575
COMM PAP 1 ST BOST NEW MONEY 5.320% 5.326% 8 3/21/97 701.94 5615.56 4750
------
TOTAL BORROWINGS 29150
MATURITIES ( 32125)
------
DAILY TOTAL ( 2975)
94675
3/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 3 3/17/97 1327.43 3982.28 8825
MONEYPOOL MONEYPOOL NEW MONEY 5.415% 5.415% 3 3/17/97 1011.55 3034.66 6725
COMM PAP 1 ST BOST ROLLOVER 5.180% 5.182% 3 3/17/97 179.86 539.58 1250
------
TOTAL BORROWINGS 16800
MATURITIES ( 22400)
------
DAILY TOTAL ( 5600)
89075
3/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/18/97 545.26 545.26 3625
COMM PAP MER LYNCH ROLLOVER 5.430% 5.431% 1 3/18/97 644.81 644.81 4275
COMM PAP 1 ST BOST ROLLOVER 5.330% 5.336% 8 3/25/97 185.07 1480.56 1250
COMM PAP 1 ST BOST NEW MONEY 5.330% 5.336% 8 3/25/97 1295.49 10363.89 8750
COMM PAP 1 ST BOST NEW MONEY 5.330% 5.337% 9 3/26/97 1251.07 11259.63 8450
------
TOTAL BORROWINGS 26350
MATURITIES ( 21075)
------
DAILY TOTAL 5275
94350
3/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/19/97 455.01 455.01 3025
COMM PAP MER LYNCH ROLLOVER 5.300% 5.307% 9 3/27/97 934.86 8413.75 6350
------
TOTAL BORROWINGS 9375
MATURITIES ( 20550)
------
DAILY TOTAL ( 11175)
83175
3/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/20/97 455.01 455.01 3025
MONEYPOOL MONEYPOOL NEW MONEY 5.415% 5.415% 1 3/20/97 124.09 124.09 825
COMM PAP 1 ST BOST ROLLOVER 5.400% 5.410% 12 3/31/97 1477.50 17730.00 9850
------
TOTAL BORROWINGS 13700
MATURITIES ( 22300)
------
DAILY TOTAL ( 8600)
74575
<PAGE>
3/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/21/97 511.42 511.42 3400
COMM PAP 1 ST BOST ROLLOVER 5.450% 5.460% 12 4/ 1/97 726.67 8720.00 4800
------
TOTAL BORROWINGS 8200
MATURITIES ( 19600)
------
DAILY TOTAL ( 11400)
63175
3/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 3 3/24/97 361.00 1083.00 2400
COMM PAP MER LYNCH ROLLOVER 5.520% 5.530% 12 4/ 2/97 1073.33 12880.00 7000
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.590% 12 4/ 2/97 620.00 7440.00 4000
------
TOTAL BORROWINGS 13400
MATURITIES ( 15150)
------
DAILY TOTAL ( 1750)
61425
3/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/25/97 361.00 361.00 2400
MONEYPOOL MONEYPOOL NEW MONEY 5.415% 5.415% 1 3/25/97 26.32 26.32 175
COMM PAP MER LYNCH ROLLOVER 5.620% 5.629% 10 4/ 3/97 1338.65 13386.53 8575
COMM PAP MER LYNCH NEW MONEY 5.620% 5.630% 11 4/ 4/97 843.00 9273.00 5400
------
TOTAL BORROWINGS 16550
MATURITIES ( 10975)
------
DAILY TOTAL 5575
67000
3/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/26/97 383.56 383.56 2550
COMM PAP MER LYNCH NEW MONEY 5.650% 5.662% 14 4/ 8/97 1251.79 17525.05 7976
COMM PAP MER LYNCH NEW MONEY 5.550% 5.562% 14 4/ 8/97 46.10 645.34 299
COMM PAP 1 ST BOST ROLLOVER 5.700% 5.712% 13 4/ 7/97 1583.33 20583.33 10000
------
TOTAL BORROWINGS 20825
MATURITIES ( 12575)
------
DAILY TOTAL 8250
75250
3/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 3/27/97 364.76 364.76 2425
COMM PAP MER LYNCH NEW MONEY 5.800% 5.814% 15 4/10/97 1611.11 24166.67 10000
COMM PAP MER LYNCH NEW MONEY 5.800% 5.815% 16 4/11/97 1611.11 25777.78 10000
COMM PAP 1 ST BOST NEW MONEY 5.680% 5.697% 19 4/14/97 1885.44 35823.44 11950
COMM PAP 1 ST BOST ROLLOVER 5.700% 5.713% 14 4/ 9/97 1337.92 18730.83 8450
------
TOTAL BORROWINGS 42825
MATURITIES ( 11000)
------
DAILY TOTAL 31825
107075
3/27/97:
MATURITIES ( 8775)
98300
<PAGE>
3/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.415% 5.415% 1 4/ 1/97 673.11 673.11 4475
COMM PAP 1 ST BOST ROLLOVER 5.650% 5.663% 15 4/15/97 831.81 12477.08 5300
------
TOTAL BORROWINGS 9775
MATURITIES ( 9850)
------
DAILY TOTAL ( 75)
98225
TEMPORARY BORROWING STATISTICS
------------------------------
1/ 1/97 TO 3/31/97
--------------------
BORROWINGS AT 3/31/97 $ 98225008
</TABLE>
<PAGE>
<TABLE>
NEW ENGLAND ELECTRIC SYSTEM (TRUST)
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 @ 1/ 1/97 0
</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 @ 1/ 1/97 1250
1/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 2/97 196.27 196.27 1200
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/ 2/97 8.18 8.18 50
------
TOTAL BORROWINGS 1250
MATURITIES ( 1250)
------
DAILY TOTAL 0
1250
1/ 2/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 3/97 204.44 204.44 1250
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/ 3/97 32.71 32.71 200
------
TOTAL BORROWINGS 1450
MATURITIES ( 1250)
------
DAILY TOTAL 200
1450
1/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 3 1/ 6/97 237.16 711.47 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
1/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 7/97 237.16 237.16 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
1/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 8/97 237.16 237.16 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
1/ 8/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/ 9/97 237.16 237.16 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
<PAGE>
1/ 9/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/10/97 237.16 237.16 1450
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/10/97 4.09 4.09 25
------
TOTAL BORROWINGS 1475
MATURITIES ( 1450)
------
DAILY TOTAL 25
1475
1/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 3 1/13/97 241.24 723.73 1475
MATURITIES ( 1475)
------
DAILY TOTAL 0
1475
1/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/14/97 241.24 241.24 1475
MATURITIES ( 1475)
------
DAILY TOTAL 0
1475
1/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/15/97 241.24 241.24 1475
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/15/97 4.09 4.09 25
------
TOTAL BORROWINGS 1500
MATURITIES ( 1475)
------
DAILY TOTAL 25
1500
1/15/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/16/97 245.33 245.33 1500
MATURITIES ( 1500)
------
DAILY TOTAL 0
1500
1/16/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/17/97 114.49 114.49 700
MATURITIES ( 1500)
------
DAILY TOTAL ( 800)
700
1/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 4 1/21/97 114.49 457.96 700
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 4 1/21/97 89.96 359.82 550
------
TOTAL BORROWINGS 1250
MATURITIES ( 700)
------
DAILY TOTAL 550
1250
1/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/22/97 204.44 204.44 1250
MATURITIES ( 1250)
------
DAILY TOTAL 0
1250
<PAGE>
1/22/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/23/97 204.44 204.44 1250
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 1 1/23/97 4.09 4.09 25
------
TOTAL BORROWINGS 1275
MATURITIES ( 1250)
------
DAILY TOTAL 25
1275
1/23/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/24/97 208.53 208.53 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
1/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 3 1/27/97 208.53 625.60 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
1/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/28/97 208.53 208.53 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
1/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/29/97 208.53 208.53 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
1/29/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/30/97 208.53 208.53 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
1/30/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 1/31/97 208.53 208.53 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
1/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.888% 5.888% 1 2/ 1/97 208.53 208.53 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
<PAGE>
2/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 2 2/ 3/97 206.09 412.18 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
2/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/ 4/97 206.09 206.09 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
2/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/ 5/97 206.09 206.09 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
2/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/ 6/97 206.09 206.09 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
2/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/ 7/97 206.09 206.09 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
2/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 3 2/10/97 206.09 618.27 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
2/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/11/97 206.09 206.09 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
2/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/12/97 206.09 206.09 1275
MATURITIES ( 1275)
------
DAILY TOTAL 0
1275
2/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/13/97 193.97 193.97 1200
MATURITIES ( 1275)
------
DAILY TOTAL ( 75)
1200
<PAGE>
2/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/14/97 193.97 193.97 1200
MATURITIES ( 1200)
------
DAILY TOTAL 0
1200
2/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 4 2/18/97 193.97 775.87 1200
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 4 2/18/97 28.29 113.15 175
------
TOTAL BORROWINGS 1375
MATURITIES ( 1200)
------
DAILY TOTAL 175
1375
2/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/19/97 222.25 222.25 1375
MATURITIES ( 1375)
------
DAILY TOTAL 0
1375
2/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/20/97 222.25 222.25 1375
MATURITIES ( 1375)
------
DAILY TOTAL 0
1375
2/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/21/97 214.17 214.17 1325
MATURITIES ( 1375)
------
DAILY TOTAL ( 50)
1325
2/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 3 2/24/97 214.17 642.51 1325
MATURITIES ( 1325)
------
DAILY TOTAL 0
1325
2/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/25/97 214.17 214.17 1325
MATURITIES ( 1325)
------
DAILY TOTAL 0
1325
2/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/26/97 214.17 214.17 1325
MATURITIES ( 1325)
------
DAILY TOTAL 0
1325
2/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/27/97 214.17 214.17 1325
MATURITIES ( 1325)
------
DAILY TOTAL 0
1325
<PAGE>
2/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/28/97 214.17 214.17 1325
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/28/97 4.04 4.04 25
------
TOTAL BORROWINGS 1350
MATURITIES ( 1325)
------
DAILY TOTAL 25
1350
2/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 3/ 1/97 218.21 218.21 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 2 3/ 3/97 222.98 445.95 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/ 4/97 222.98 222.98 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/ 5/97 222.98 222.98 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/ 6/97 222.98 222.98 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/ 7/97 222.98 222.98 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/10/97 222.98 668.93 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/11/97 222.98 222.98 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
<PAGE>
3/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/12/97 222.98 222.98 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/13/97 222.98 222.98 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/14/97 222.98 222.98 1350
MATURITIES ( 1350)
------
DAILY TOTAL 0
1350
3/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/17/97 99.10 297.30 600
MATURITIES ( 1350)
------
DAILY TOTAL ( 750)
600
3/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/18/97 99.10 99.10 600
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/18/97 136.26 136.26 825
------
TOTAL BORROWINGS 1425
MATURITIES ( 600)
------
DAILY TOTAL 825
1425
3/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/19/97 235.36 235.36 1425
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/19/97 4.13 4.13 25
------
TOTAL BORROWINGS 1450
MATURITIES ( 1425)
------
DAILY TOTAL 25
1450
3/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/20/97 239.49 239.49 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
3/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/21/97 239.49 239.49 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
<PAGE>
3/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/24/97 239.49 718.48 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
3/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/25/97 239.49 239.49 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
3/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/26/97 239.49 239.49 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
3/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/27/97 239.49 239.49 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
3/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/28/97 239.49 239.49 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
3/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/31/97 239.49 718.48 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
3/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 4/ 1/97 239.49 239.49 1450
MATURITIES ( 1450)
------
DAILY TOTAL 0
1450
TEMPORARY BORROWING STATISTICS
------------------------------
1/ 1/97 TO 3/31/97
--------------------
BORROWINGS AT 3/31/97 $ 1450000
</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 @ 1/ 1/97 3000
1/21/97:
BK NOTE FNBB ROLLOVER 5.738% 5.738% 31 2/21/97 239.06 7410.94 1500
MATURITIES ( 3000)
------
DAILY TOTAL ( 1500)
1500
2/21/97:
MATURITIES ( 1500)
0
TEMPORARY BORROWING STATISTICS
------------------------------
1/ 1/97 TO 3/31/97
--------------------
BORROWINGS AT 3/31/97 $ 0
</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 @ 1/ 1/97 0
3/12/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/13/97 57.81 57.81 350
350
3/13/97:
MATURITIES ( 350)
0
3/17/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/18/97 289.04 289.04 1750
1750
3/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/19/97 264.27 264.27 1600
MATURITIES ( 1750)
------
DAILY TOTAL ( 150)
1600
3/19/97:
MATURITIES ( 1600)
0
3/21/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 3 3/24/97 483.11 1449.34 2925
2925
3/24/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/25/97 342.72 342.72 2075
MATURITIES ( 2925)
------
DAILY TOTAL ( 850)
2075
3/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/26/97 342.72 342.72 2075
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/26/97 94.97 94.97 575
------
TOTAL BORROWINGS 2650
MATURITIES ( 2075)
------
DAILY TOTAL 575
2650
3/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/27/97 338.59 338.59 2050
MATURITIES ( 2650)
------
DAILY TOTAL ( 600)
2050
<PAGE>
3/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/28/97 338.59 338.59 2050
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/28/97 305.56 305.56 1850
------
TOTAL BORROWINGS 3900
MATURITIES ( 2050)
------
DAILY TOTAL 1850
3900
3/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/31/97 165.17 495.50 1000
MATURITIES ( 3900)
------
DAILY TOTAL ( 2900)
1000
3/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 4/ 1/97 165.17 165.17 1000
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 4/ 1/97 326.20 326.20 1975
------
TOTAL BORROWINGS 2975
MATURITIES ( 1000)
------
DAILY TOTAL 1975
2975
TEMPORARY BORROWING STATISTICS
------------------------------
1/ 1/97 TO 3/31/97
--------------------
BORROWINGS AT 3/31/97 $ 2975000
</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 @ 1/ 1/97 1500
1/ 3/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.888% 5.888% 3 1/ 6/97 4.09 12.27 25
1525
1/ 6/97:
MATURITIES ( 25)
1500
1/21/97:
MATURITIES ( 1500)
0
2/ 6/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/ 7/97 80.82 80.82 500
500
2/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 3 2/10/97 72.74 218.21 450
MATURITIES ( 500)
------
DAILY TOTAL ( 50)
450
2/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/11/97 72.74 72.74 450
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/11/97 64.66 64.66 400
------
TOTAL BORROWINGS 850
MATURITIES ( 450)
------
DAILY TOTAL 400
850
2/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/12/97 133.35 133.35 825
MATURITIES ( 850)
------
DAILY TOTAL ( 25)
825
2/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/13/97 133.35 133.35 825
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/13/97 8.08 8.08 50
------
TOTAL BORROWINGS 875
MATURITIES ( 825)
------
DAILY TOTAL 50
875
<PAGE>
2/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/14/97 141.43 141.43 875
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/14/97 4.04 4.04 25
------
TOTAL BORROWINGS 900
MATURITIES ( 875)
------
DAILY TOTAL 25
900
2/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 4 2/18/97 141.43 565.74 875
MATURITIES ( 900)
------
DAILY TOTAL ( 25)
875
2/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/19/97 141.43 141.43 875
MONEYPOOL MONEYPOOL NEW MONEY 5.819% 5.819% 1 2/19/97 24.25 24.25 150
------
TOTAL BORROWINGS 1025
MATURITIES ( 875)
------
DAILY TOTAL 150
1025
2/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.819% 5.819% 1 2/20/97 149.52 149.52 925
MATURITIES ( 1025)
------
DAILY TOTAL ( 100)
925
2/20/97:
MATURITIES ( 925)
0
3/14/97:
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 3 3/17/97 4.13 12.39 25
25
3/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/18/97 4.13 4.13 25
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/18/97 28.90 28.90 175
------
TOTAL BORROWINGS 200
MATURITIES ( 25)
------
DAILY TOTAL 175
200
3/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/19/97 33.03 33.03 200
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/19/97 4.13 4.13 25
------
TOTAL BORROWINGS 225
MATURITIES ( 200)
------
DAILY TOTAL 25
225
<PAGE>
3/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/20/97 37.16 37.16 225
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/20/97 16.52 16.52 100
------
TOTAL BORROWINGS 325
MATURITIES ( 225)
------
DAILY TOTAL 100
325
3/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/21/97 53.68 53.68 325
MATURITIES ( 325)
------
DAILY TOTAL 0
325
3/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 3/24/97 53.68 161.04 325
MATURITIES ( 325)
------
DAILY TOTAL 0
325
3/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/25/97 53.68 53.68 325
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/25/97 12.39 12.39 75
------
TOTAL BORROWINGS 400
MATURITIES ( 325)
------
DAILY TOTAL 75
400
3/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/26/97 53.68 53.68 325
MATURITIES ( 400)
------
DAILY TOTAL ( 75)
325
3/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/27/97 53.68 53.68 325
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 3/27/97 8.26 8.26 50
------
TOTAL BORROWINGS 375
MATURITIES ( 325)
------
DAILY TOTAL 50
375
3/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 3/28/97 12.39 12.39 75
MATURITIES ( 375)
------
DAILY TOTAL ( 300)
75
3/28/97:
MATURITIES ( 75)
0
<PAGE>
TEMPORARY BORROWING STATISTICS
------------------------------
1/ 1/97 TO 3/31/97
--------------------
BORROWINGS AT 3/31/97 $ 0
</TABLE>
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