|
|
|
|
|
|
|
|
|
|
Previous: NEW ENGLAND ELECTRIC SYSTEM, 35-CERT, 1997-11-13 |
Next: NEW ENGLAND ELECTRIC SYSTEM, 35-CERT, 1997-11-13 |
<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, 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: November 13, 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 Log Filed herewith
<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/ 1/97 650
7/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/ 2/97 108.50 108.50 650
BK NOTE FNBB NEW MONEY 6.188% 6.188% 30 7/31/97 257.81 7734.38 1500
------
TOTAL BORROWINGS 2150
MATURITIES ( 650)
------
DAILY TOTAL 1500
2150
7/ 2/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/ 3/97 108.50 108.50 650
MATURITIES ( 650)
------
DAILY TOTAL 0
2150
7/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 4 7/ 7/97 108.50 433.98 650
MATURITIES ( 650)
------
DAILY TOTAL 0
2150
7/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/ 8/97 108.50 108.50 650
MONEYPOOL MONEYPOOL NEW MONEY 6.009% 6.009% 1 7/ 8/97 4.17 4.17 25
------
TOTAL BORROWINGS 675
MATURITIES ( 650)
------
DAILY TOTAL 25
2175
7/ 8/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/ 9/97 104.32 104.32 625
MATURITIES ( 675)
------
DAILY TOTAL ( 50)
2125
7/ 9/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/10/97 104.32 104.32 625
MATURITIES ( 625)
------
DAILY TOTAL 0
2125
<PAGE>
7/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/11/97 104.32 104.32 625
MATURITIES ( 625)
------
DAILY TOTAL 0
2125
7/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 3 7/14/97 104.32 312.97 625
MATURITIES ( 625)
------
DAILY TOTAL 0
2125
7/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/15/97 66.77 66.77 400
MATURITIES ( 625)
------
DAILY TOTAL ( 225)
1900
7/15/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/16/97 66.77 66.77 400
MONEYPOOL MONEYPOOL NEW MONEY 6.009% 6.009% 1 7/16/97 4.17 4.17 25
------
TOTAL BORROWINGS 425
MATURITIES ( 400)
------
DAILY TOTAL 25
1925
7/16/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/17/97 29.21 29.21 175
MATURITIES ( 425)
------
DAILY TOTAL ( 250)
1675
7/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/18/97 29.21 29.21 175
MONEYPOOL MONEYPOOL NEW MONEY 6.009% 6.009% 1 7/18/97 8.35 8.35 50
------
TOTAL BORROWINGS 225
MATURITIES ( 175)
------
DAILY TOTAL 50
1725
7/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 3 7/21/97 29.21 87.63 175
MATURITIES ( 225)
------
DAILY TOTAL ( 50)
1675
7/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/22/97 29.21 29.21 175
MONEYPOOL MONEYPOOL NEW MONEY 6.009% 6.009% 1 7/22/97 25.04 25.04 150
------
TOTAL BORROWINGS 325
MATURITIES ( 175)
------
DAILY TOTAL 150
1825
<PAGE>
7/22/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/23/97 54.25 54.25 325
MONEYPOOL MONEYPOOL NEW MONEY 6.009% 6.009% 1 7/23/97 8.35 8.35 50
------
TOTAL BORROWINGS 375
MATURITIES ( 325)
------
DAILY TOTAL 50
1875
7/23/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 7/24/97 62.59 62.59 375
MONEYPOOL MONEYPOOL NEW MONEY 6.009% 6.009% 1 7/24/97 4.17 4.17 25
------
TOTAL BORROWINGS 400
MATURITIES ( 375)
------
DAILY TOTAL 25
1900
7/24/97:
MATURITIES ( 400)
1500
7/31/97:
MONEYPOOL MONEYPOOL ROLLOVER 6.009% 6.009% 1 8/ 1/97 66.77 66.77 400
MATURITIES ( 1500)
------
DAILY TOTAL ( 1100)
400
8/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 3 8/ 4/97 62.46 187.38 375
MATURITIES ( 400)
------
DAILY TOTAL ( 25)
375
8/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/ 5/97 62.46 62.46 375
MONEYPOOL MONEYPOOL NEW MONEY 5.996% 5.996% 1 8/ 5/97 8.33 8.33 50
------
TOTAL BORROWINGS 425
MATURITIES ( 375)
------
DAILY TOTAL 50
425
8/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/ 6/97 58.29 58.29 350
MATURITIES ( 425)
------
DAILY TOTAL ( 75)
350
8/ 6/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/ 7/97 54.13 54.13 325
MATURITIES ( 350)
------
DAILY TOTAL ( 25)
325
<PAGE>
8/ 7/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/ 8/97 54.13 54.13 325
MONEYPOOL MONEYPOOL NEW MONEY 5.996% 5.996% 1 8/ 8/97 8.33 8.33 50
------
TOTAL BORROWINGS 375
MATURITIES ( 325)
------
DAILY TOTAL 50
375
8/ 8/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 3 8/11/97 58.29 174.88 350
MATURITIES ( 375)
------
DAILY TOTAL ( 25)
350
8/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/12/97 58.29 58.29 350
MONEYPOOL MONEYPOOL NEW MONEY 5.996% 5.996% 1 8/12/97 4.16 4.16 25
------
TOTAL BORROWINGS 375
MATURITIES ( 350)
------
DAILY TOTAL 25
375
8/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/13/97 62.46 62.46 375
MATURITIES ( 375)
------
DAILY TOTAL 0
375
8/13/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/14/97 45.80 45.80 275
MATURITIES ( 375)
------
DAILY TOTAL ( 100)
275
8/14/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/15/97 41.64 41.64 250
MATURITIES ( 275)
------
DAILY TOTAL ( 25)
250
8/15/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 3 8/18/97 41.64 124.92 250
MATURITIES ( 250)
------
DAILY TOTAL 0
250
8/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/19/97 33.31 33.31 200
MATURITIES ( 250)
------
DAILY TOTAL ( 50)
200
<PAGE>
8/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/20/97 16.66 16.66 100
MATURITIES ( 200)
------
DAILY TOTAL ( 100)
100
8/20/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/21/97 16.66 16.66 100
MONEYPOOL MONEYPOOL NEW MONEY 5.996% 5.996% 1 8/21/97 20.82 20.82 125
------
TOTAL BORROWINGS 225
MATURITIES ( 100)
------
DAILY TOTAL 125
225
8/21/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/22/97 33.31 33.31 200
MATURITIES ( 225)
------
DAILY TOTAL ( 25)
200
8/22/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 3 8/25/97 33.31 99.93 200
MATURITIES ( 200)
------
DAILY TOTAL 0
200
8/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/26/97 33.31 33.31 200
MONEYPOOL MONEYPOOL NEW MONEY 5.996% 5.996% 1 8/26/97 4.16 4.16 25
------
TOTAL BORROWINGS 225
MATURITIES ( 200)
------
DAILY TOTAL 25
225
8/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/27/97 37.48 37.48 225
MATURITIES ( 225)
------
DAILY TOTAL 0
225
8/27/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/28/97 24.98 24.98 150
MATURITIES ( 225)
------
DAILY TOTAL ( 75)
150
8/28/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 1 8/29/97 24.98 24.98 150
MONEYPOOL MONEYPOOL NEW MONEY 5.996% 5.996% 1 8/29/97 62.46 62.46 375
------
TOTAL BORROWINGS 525
MATURITIES ( 150)
------
DAILY TOTAL 375
525
<PAGE>
8/29/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.996% 5.996% 3 9/ 1/97 87.44 262.33 525
MONEYPOOL MONEYPOOL NEW MONEY 5.996% 5.996% 3 9/ 1/97 4.16 12.49 25
------
TOTAL BORROWINGS 550
MATURITIES ( 525)
------
DAILY TOTAL 25
550
9/ 1/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/ 2/97 86.71 86.71 525
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 9/ 2/97 4.13 4.13 25
------
TOTAL BORROWINGS 550
MATURITIES ( 550)
------
DAILY TOTAL 0
550
9/ 2/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/ 3/97 90.84 90.84 550
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 9/ 3/97 16.52 16.52 100
------
TOTAL BORROWINGS 650
MATURITIES ( 550)
------
DAILY TOTAL 100
650
9/ 3/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/ 4/97 107.36 107.36 650
MATURITIES ( 650)
------
DAILY TOTAL 0
650
9/ 4/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/ 5/97 99.10 99.10 600
MATURITIES ( 650)
------
DAILY TOTAL ( 50)
600
9/ 5/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 9/ 8/97 94.97 284.91 575
MATURITIES ( 600)
------
DAILY TOTAL ( 25)
575
9/ 8/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/ 9/97 82.58 82.58 500
MATURITIES ( 575)
------
DAILY TOTAL ( 75)
500
<PAGE>
9/ 9/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/10/97 82.58 82.58 500
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 9/10/97 16.52 16.52 100
------
TOTAL BORROWINGS 600
MATURITIES ( 500)
------
DAILY TOTAL 100
600
9/10/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/11/97 99.10 99.10 600
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 9/11/97 8.26 8.26 50
------
TOTAL BORROWINGS 650
MATURITIES ( 600)
------
DAILY TOTAL 50
650
9/11/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/12/97 107.36 107.36 650
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 9/12/97 24.78 24.78 150
------
TOTAL BORROWINGS 800
MATURITIES ( 650)
------
DAILY TOTAL 150
800
9/12/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 9/15/97 128.00 384.01 775
MATURITIES ( 800)
------
DAILY TOTAL ( 25)
775
9/15/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/16/97 128.00 128.00 775
MATURITIES ( 775)
------
DAILY TOTAL 0
775
9/16/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/17/97 119.75 119.75 725
MATURITIES ( 775)
------
DAILY TOTAL ( 50)
725
9/17/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/18/97 107.36 107.36 650
MATURITIES ( 725)
------
DAILY TOTAL ( 75)
650
9/18/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/19/97 107.36 107.36 650
MATURITIES ( 650)
------
DAILY TOTAL 0
650
<PAGE>
9/19/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 9/22/97 99.10 297.30 600
MATURITIES ( 650)
------
DAILY TOTAL ( 50)
600
9/22/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/23/97 99.10 99.10 600
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 9/23/97 4.13 4.13 25
------
TOTAL BORROWINGS 625
MATURITIES ( 600)
------
DAILY TOTAL 25
625
9/23/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/24/97 103.23 103.23 625
MONEYPOOL MONEYPOOL NEW MONEY 5.946% 5.946% 1 9/24/97 16.52 16.52 100
------
TOTAL BORROWINGS 725
MATURITIES ( 625)
------
DAILY TOTAL 100
725
9/24/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/25/97 111.49 111.49 675
MATURITIES ( 725)
------
DAILY TOTAL ( 50)
675
9/25/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/26/97 94.97 94.97 575
MATURITIES ( 675)
------
DAILY TOTAL ( 100)
575
9/26/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 3 9/29/97 94.97 284.91 575
MATURITIES ( 575)
------
DAILY TOTAL 0
575
9/29/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 9/30/97 53.68 53.68 325
MATURITIES ( 575)
------
DAILY TOTAL ( 250)
325
9/30/97:
MONEYPOOL MONEYPOOL ROLLOVER 5.946% 5.946% 1 10/ 1/97 49.55 49.55 300
MATURITIES ( 325)
------
DAILY TOTAL ( 25)
300
<PAGE>
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/97 TO 9/30/97
--------------------
BORROWINGS AT 9/30/97 $ 300000
</TABLE>
|
|