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Previous: NETWORKS ELECTRONIC CORP, 10-Q, 1998-11-10 |
Next: NEW ENGLAND ELECTRIC SYSTEM, 35-CERT, 1998-11-10 |
<PAGE>
File No. 70-9089
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 29, 1997 and June 2, 1998
with respect thereto, have been carried out in accordance with the terms and
conditions of and for the purposes represented in said Statement and Orders of
the Commission.
During the quarter ended September 30, 1998, Borrowing Companies made new
money borrowings as indicated in Exhibit A-1 hereto, the proceeds of which
were used to pay then outstanding notes initially issued to banks and/or
dealers in commercial paper and/or borrowings from the Money Pool, to provide
new money for capitalizable expenditures and/or to reimburse the treasury
therefor, and for other corporate purposes relating to ordinary business
operations, including working capital and the financing of construction and
property acquisitions. 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 No. 70-9089 to be signed on its behalf by the
undersigned officers thereunto duly authorized.
NEW ENGLAND ELECTRIC SYSTEM
MASSACHUSETTS ELECTRIC COMPANY
THE NARRAGANSETT ELECTRIC COMPANY
NEW ENGLAND POWER COMPANY
NEW ENGLAND POWER SERVICE COMPANY
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
GRANITE STATE ELECTRIC COMPANY
s/John G. Cochrane
By _______________________________
John G. Cochrane
Assistant Treasurer
Date: November 10, 1998
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>
<PAGE>
EXHIBIT INDEX
Exhibit No. Description Page
- ----------- ----------- ----
A-1 Borrowing Logs Filed
herewith
<PAGE>
<PAGE>
<TABLE>
GRANITE STATE ELECTRIC COMPANY
BORROWING LOG
<CAPTION>
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 7/ 1/98 0
<PAGE>
MASSACHUSETTS ELECTRIC COMPANY
BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 7/ 1/98 35475
7/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/ 2/98 1452.05 1452.05 9275
COMM PAP MER LYNCH NEW MONEY 5.700% 5.707% 8 7/ 9/98 1147.92 9183.33 7250
COMM PAP MER LYNCH NEW MONEY 5.700% 5.708% 9 7/10/98 1147.92 10331.25 7250
------
TOTAL BORROWINGS 23775
MATURITIES ( 11725)
------
DAILY TOTAL 12050
47525
7/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/ 3/98 1444.23 1444.23 9225
COMM PAP MER LYNCH ROLLOVER 5.600% 5.605% 6 7/ 8/98 1026.67 6160.00 6600
COMM PAP MER LYNCH NEW MONEY 5.600% 5.610% 11 7/13/98 668.89 7357.78 4300
------
TOTAL BORROWINGS 20125
MATURITIES ( 15875)
------
DAILY TOTAL 4250
51775
7/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 3 7/ 6/98 1369.86 4109.58 8750
MATURITIES ( 9225)
------
DAILY TOTAL ( 475)
51300
7/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/ 7/98 1264.19 1264.19 8075
COMM PAP MER LYNCH ROLLOVER 5.570% 5.576% 7 7/13/98 522.19 3655.31 3375
------
TOTAL BORROWINGS 11450
MATURITIES ( 14700)
------
DAILY TOTAL ( 3250)
48050
7/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/ 8/98 1264.19 1264.19 8075
MONEYPOOL MONEYPOOL NEW MONEY 5.636% 5.636% 1 7/ 8/98 172.21 172.21 1100
------
TOTAL BORROWINGS 9175
MATURITIES ( 14850)
------
DAILY TOTAL ( 5675)
42375
<PAGE>
7/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/ 9/98 1412.91 1412.91 9025
COMM PAP MER LYNCH ROLLOVER 5.550% 5.555% 6 7/14/98 847.92 5087.50 5500
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.586% 7 7/15/98 685.88 4801.13 4425
------
TOTAL BORROWINGS 18950
MATURITIES ( 20200)
------
DAILY TOTAL ( 1250)
41125
7/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/10/98 1412.91 1412.91 9025
COMM PAP MER LYNCH ROLLOVER 5.570% 5.576% 7 7/16/98 1121.74 7852.15 7250
COMM PAP MER LYNCH NEW MONEY 5.570% 5.576% 7 7/16/98 259.16 1814.12 1675
------
TOTAL BORROWINGS 17950
MATURITIES ( 16275)
------
DAILY TOTAL 1675
42800
7/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 3 7/13/98 1412.91 4238.74 9025
MONEYPOOL MONEYPOOL NEW MONEY 5.636% 5.636% 3 7/13/98 90.02 270.06 575
COMM PAP MER LYNCH ROLLOVER 5.550% 5.556% 7 7/17/98 1117.71 7823.96 7250
COMM PAP MER LYNCH NEW MONEY 5.550% 5.556% 7 7/17/98 215.83 1510.83 1400
------
TOTAL BORROWINGS 18250
MATURITIES ( 16275)
------
DAILY TOTAL 1975
44775
7/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/14/98 1459.88 1459.88 9325
COMM PAP MER LYNCH ROLLOVER 5.570% 5.576% 7 7/20/98 1187.49 8312.45 7675
COMM PAP MER LYNCH NEW MONEY 5.560% 5.562% 2 7/15/98 316.61 633.22 2050
------
TOTAL BORROWINGS 19050
MATURITIES ( 17275)
------
DAILY TOTAL 1775
46550
7/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/15/98 1264.19 1264.19 8075
COMM PAP MER LYNCH ROLLOVER 5.570% 5.576% 7 7/21/98 398.41 2788.87 2575
------
TOTAL BORROWINGS 10650
MATURITIES ( 14825)
------
DAILY TOTAL ( 4175)
42375
<PAGE>
7/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/16/98 1264.19 1264.19 8075
MONEYPOOL MONEYPOOL NEW MONEY 5.636% 5.636% 1 7/16/98 442.27 442.27 2825
COMM PAP MER LYNCH ROLLOVER 5.590% 5.595% 6 7/21/98 318.32 1909.92 2050
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.605% 6 7/21/98 408.33 2450.00 2625
------
TOTAL BORROWINGS 15575
MATURITIES ( 14550)
------
DAILY TOTAL 1025
43400
7/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/17/98 1706.46 1706.46 10900
MONEYPOOL MONEYPOOL NEW MONEY 5.636% 5.636% 1 7/17/98 195.69 195.69 1250
COMM PAP MER LYNCH ROLLOVER 5.600% 5.605% 6 7/22/98 1190.00 7140.00 7650
------
TOTAL BORROWINGS 19800
MATURITIES ( 19825)
------
DAILY TOTAL ( 25)
43375
7/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 3 7/20/98 1577.30 4731.89 10075
COMM PAP MER LYNCH ROLLOVER 5.550% 5.555% 6 7/23/98 1333.54 8001.25 8650
COMM PAP 1 ST BOST NEW MONEY 5.570% 5.576% 7 7/24/98 642.10 4494.68 4150
------
TOTAL BORROWINGS 22875
MATURITIES ( 20800)
------
DAILY TOTAL 2075
45450
7/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/21/98 1522.50 1522.50 9725
COMM PAP MER LYNCH ROLLOVER 5.570% 5.576% 7 7/27/98 1187.49 8312.45 7675
COMM PAP MER LYNCH NEW MONEY 5.570% 5.576% 7 7/27/98 274.63 1922.42 1775
------
TOTAL BORROWINGS 19175
MATURITIES ( 17750)
------
DAILY TOTAL 1425
46875
7/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/22/98 1369.86 1369.86 8750
COMM PAP MER LYNCH ROLLOVER 5.550% 5.556% 7 7/28/98 562.71 3938.96 3650
COMM PAP 1 ST BOST ROLLOVER 5.560% 5.566% 7 7/28/98 405.42 2837.92 2625
------
TOTAL BORROWINGS 15025
MATURITIES ( 16975)
------
DAILY TOTAL ( 1950)
44925
<PAGE>
7/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/23/98 1369.86 1369.86 8750
MONEYPOOL MONEYPOOL NEW MONEY 5.636% 5.636% 1 7/23/98 90.02 90.02 575
COMM PAP MER LYNCH ROLLOVER 5.550% 5.556% 7 7/29/98 1179.38 8255.63 7650
COMM PAP 1 ST BOST NEW MONEY 5.590% 5.597% 8 7/30/98 566.76 4534.11 3650
------
TOTAL BORROWINGS 20625
MATURITIES ( 16400)
------
DAILY TOTAL 4225
49150
7/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/24/98 1459.88 1459.88 9325
MONEYPOOL MONEYPOOL NEW MONEY 5.636% 5.636% 1 7/24/98 191.78 191.78 1225
COMM PAP MER LYNCH ROLLOVER 5.580% 5.587% 8 7/31/98 891.25 7130.00 5750
------
TOTAL BORROWINGS 16300
MATURITIES ( 17975)
------
DAILY TOTAL ( 1675)
47475
7/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 3 7/27/98 1596.87 4790.60 10200
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.585% 6 7/30/98 643.25 3859.50 4150
COMM PAP 1 ST BOST NEW MONEY 5.580% 5.585% 6 7/30/98 42.63 255.75 275
------
TOTAL BORROWINGS 14625
MATURITIES ( 14700)
------
DAILY TOTAL ( 75)
47400
7/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/28/98 1596.87 1596.87 10200
MONEYPOOL MONEYPOOL NEW MONEY 5.636% 5.636% 1 7/28/98 101.76 101.76 650
COMM PAP MER LYNCH ROLLOVER 5.650% 5.656% 7 8/ 3/98 1483.13 10381.88 9450
COMM PAP MER LYNCH NEW MONEY 5.650% 5.656% 7 8/ 3/98 282.50 1977.50 1800
------
TOTAL BORROWINGS 22100
MATURITIES ( 19650)
------
DAILY TOTAL 2450
49850
7/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/29/98 1518.59 1518.59 9700
COMM PAP MER LYNCH ROLLOVER 5.670% 5.671% 1 7/29/98 185.06 185.06 1175
COMM PAP 1 ST BOST ROLLOVER 5.700% 5.702% 2 7/30/98 415.62 831.25 2625
------
TOTAL BORROWINGS 13500
MATURITIES ( 17125)
------
DAILY TOTAL ( 3625)
46225
<PAGE>
7/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/30/98 1346.38 1346.38 8600
COMM PAP MER LYNCH ROLLOVER 5.700% 5.705% 6 8/ 4/98 1397.29 8383.75 8825
COMM PAP MER LYNCH NEW MONEY 5.700% 5.705% 6 8/ 4/98 43.54 261.25 275
------
TOTAL BORROWINGS 17700
MATURITIES ( 18525)
------
DAILY TOTAL ( 825)
45400
7/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 7/31/98 1146.77 1146.77 7325
COMM PAP 1 ST BOST ROLLOVER 5.700% 5.705% 6 8/ 5/98 1421.04 8526.25 8975
------
TOTAL BORROWINGS 16300
MATURITIES ( 19300)
------
DAILY TOTAL ( 3000)
42400
7/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.636% 5.636% 1 8/ 1/98 876.71 876.71 5600
COMM PAP MER LYNCH ROLLOVER 5.710% 5.713% 3 8/ 3/98 912.01 2736.04 5750
COMM PAP MER LYNCH NEW MONEY 5.710% 5.713% 3 8/ 3/98 138.78 416.35 875
------
TOTAL BORROWINGS 12225
MATURITIES ( 13075)
------
DAILY TOTAL ( 850)
41550
8/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 2 8/ 3/98 871.42 1742.84 5600
MATURITIES ( 5600)
------
DAILY TOTAL 0
41550
8/ 3/98:
COMM PAP MER LYNCH ROLLOVER 5.610% 5.613% 3 8/ 6/98 2512.81 7538.44 16125
MATURITIES ( 23475)
------
DAILY TOTAL ( 7350)
34200
8/ 4/98:
COMM PAP MER LYNCH ROLLOVER 5.570% 5.571% 1 8/ 5/98 734.93 734.93 4750
MATURITIES ( 9100)
------
DAILY TOTAL ( 4350)
29850
8/ 5/98:
COMM PAP MER LYNCH ROLLOVER 5.550% 5.552% 2 8/ 7/98 732.29 1464.58 4750
COMM PAP 1 ST BOST ROLLOVER 5.550% 5.552% 2 8/ 7/98 1021.35 2042.71 6625
------
TOTAL BORROWINGS 11375
MATURITIES ( 13725)
------
DAILY TOTAL ( 2350)
27500
<PAGE>
8/ 6/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.602% 5.602% 1 8/ 7/98 190.62 190.62 1225
COMM PAP MER LYNCH ROLLOVER 5.550% 5.553% 4 8/10/98 2408.85 9635.42 15625
------
TOTAL BORROWINGS 16850
MATURITIES ( 16125)
------
DAILY TOTAL 725
28225
8/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 3 8/10/98 81.70 245.09 525
COMM PAP MER LYNCH ROLLOVER 5.530% 5.533% 4 8/11/98 483.88 1935.50 3150
COMM PAP 1 ST BOST ROLLOVER 5.560% 5.563% 4 8/11/98 1023.19 4092.78 6625
------
TOTAL BORROWINGS 10300
MATURITIES ( 12600)
------
DAILY TOTAL ( 2300)
25925
8/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/11/98 81.70 81.70 525
MONEYPOOL MONEYPOOL NEW MONEY 5.602% 5.602% 1 8/11/98 194.51 194.51 1250
COMM PAP MER LYNCH ROLLOVER 5.600% 5.602% 2 8/12/98 2430.56 4861.11 15625
------
TOTAL BORROWINGS 17400
MATURITIES ( 16150)
------
DAILY TOTAL 1250
27175
8/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/12/98 276.21 276.21 1775
MONEYPOOL MONEYPOOL NEW MONEY 5.602% 5.602% 1 8/12/98 470.72 470.72 3025
COMM PAP MER LYNCH ROLLOVER 5.530% 5.532% 2 8/13/98 483.88 967.75 3150
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.572% 2 8/13/98 340.39 680.78 2200
------
TOTAL BORROWINGS 10150
MATURITIES ( 11550)
------
DAILY TOTAL ( 1400)
25775
8/12/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/13/98 746.93 746.93 4800
MONEYPOOL MONEYPOOL NEW MONEY 5.602% 5.602% 1 8/13/98 42.79 42.79 275
COMM PAP MER LYNCH ROLLOVER 5.560% 5.562% 2 8/14/98 1957.58 3915.17 12675
------
TOTAL BORROWINGS 17750
MATURITIES ( 20425)
------
DAILY TOTAL ( 2675)
23100
<PAGE>
8/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/14/98 789.73 789.73 5075
COMM PAP MER LYNCH ROLLOVER 5.580% 5.583% 4 8/17/98 399.13 1596.50 2575
------
TOTAL BORROWINGS 7650
MATURITIES ( 10425)
------
DAILY TOTAL ( 2775)
20325
8/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 3 8/17/98 789.73 2369.18 5075
MONEYPOOL MONEYPOOL NEW MONEY 5.602% 5.602% 3 8/17/98 295.66 886.98 1900
COMM PAP MER LYNCH ROLLOVER 5.580% 5.583% 4 8/18/98 1487.23 5948.90 9595
COMM PAP MER LYNCH ROLLOVER 5.600% 5.603% 4 8/18/98 479.11 1916.44 3080
------
TOTAL BORROWINGS 19650
MATURITIES ( 17750)
------
DAILY TOTAL 1900
22225
8/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/18/98 1085.39 1085.39 6975
MONEYPOOL MONEYPOOL NEW MONEY 5.602% 5.602% 1 8/18/98 15.56 15.56 100
COMM PAP MER LYNCH ROLLOVER 5.750% 5.752% 2 8/19/98 411.28 822.57 2575
COMM PAP MER LYNCH NEW MONEY 5.750% 5.752% 2 8/19/98 311.46 622.92 1950
------
TOTAL BORROWINGS 11600
MATURITIES ( 9550)
------
DAILY TOTAL 2050
24275
8/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/19/98 1100.95 1100.95 7075
MONEYPOOL MONEYPOOL NEW MONEY 5.602% 5.602% 1 8/19/98 27.23 27.23 175
COMM PAP MER LYNCH ROLLOVER 5.560% 5.562% 2 8/20/98 1644.83 3289.67 10650
------
TOTAL BORROWINGS 17900
MATURITIES ( 19750)
------
DAILY TOTAL ( 1850)
22425
8/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/20/98 1128.18 1128.18 7250
COMM PAP MER LYNCH ROLLOVER 5.550% 5.551% 1 8/20/98 697.60 697.60 4525
COMM PAP 1 ST BOST NEW MONEY 5.560% 5.564% 5 8/24/98 463.33 2316.67 3000
------
TOTAL BORROWINGS 14775
MATURITIES ( 11775)
------
DAILY TOTAL 3000
25425
<PAGE>
8/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/21/98 1128.18 1128.18 7250
COMM PAP MER LYNCH ROLLOVER 5.550% 5.551% 1 8/21/98 1830.73 1830.73 11875
------
TOTAL BORROWINGS 19125
MATURITIES ( 22425)
------
DAILY TOTAL ( 3300)
22125
8/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 3 8/24/98 1128.18 3384.54 7250
COMM PAP MER LYNCH ROLLOVER 5.500% 5.503% 4 8/25/98 897.57 3590.28 5875
COMM PAP MER LYNCH NEW MONEY 5.500% 5.503% 4 8/25/98 19.10 76.39 125
COMM PAP MER LYNCH ROLLOVER 5.500% 5.503% 3 8/24/98 458.33 1375.00 3000
COMM PAP MER LYNCH ROLLOVER 5.530% 5.534% 5 8/26/98 460.83 2304.17 3000
------
TOTAL BORROWINGS 19250
MATURITIES ( 19125)
------
DAILY TOTAL 125
22250
8/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/25/98 1128.18 1128.18 7250
COMM PAP MER LYNCH ROLLOVER 5.570% 5.572% 2 8/26/98 464.17 928.33 3000
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.573% 3 8/27/98 464.17 1392.50 3000
COMM PAP 1 ST BOST NEW MONEY 5.570% 5.573% 3 8/27/98 947.67 2843.02 6125
------
TOTAL BORROWINGS 19375
MATURITIES ( 13250)
------
DAILY TOTAL 6125
28375
8/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/26/98 1128.18 1128.18 7250
COMM PAP MER LYNCH ROLLOVER 5.570% 5.573% 3 8/28/98 719.46 2158.37 4650
------
TOTAL BORROWINGS 11900
MATURITIES ( 13250)
------
DAILY TOTAL ( 1350)
27025
8/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/27/98 1065.94 1065.94 6850
COMM PAP MER LYNCH ROLLOVER 5.610% 5.614% 5 8/31/98 935.00 4675.00 6000
COMM PAP MER LYNCH NEW MONEY 5.610% 5.614% 5 8/31/98 74.02 370.10 475
------
TOTAL BORROWINGS 13325
MATURITIES ( 13250)
------
DAILY TOTAL 75
27100
<PAGE>
8/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 8/28/98 871.42 871.42 5600
COMM PAP 1 ST BOST ROLLOVER 5.610% 5.614% 5 9/ 1/98 1281.73 6408.65 8225
------
TOTAL BORROWINGS 13825
MATURITIES ( 15975)
------
DAILY TOTAL ( 2150)
24950
8/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 3 8/31/98 871.42 2614.27 5600
COMM PAP MER LYNCH ROLLOVER 5.600% 5.603% 4 9/ 1/98 528.89 2115.56 3400
------
TOTAL BORROWINGS 9000
MATURITIES ( 10250)
------
DAILY TOTAL ( 1250)
23700
8/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.602% 5.602% 1 9/ 1/98 871.42 871.42 5600
COMM PAP MER LYNCH ROLLOVER 5.900% 5.901% 1 9/ 1/98 1061.18 1061.18 6475
COMM PAP MER LYNCH NEW MONEY 5.900% 5.901% 1 9/ 1/98 1561.04 1561.04 9525
------
TOTAL BORROWINGS 21600
MATURITIES ( 12075)
------
DAILY TOTAL 9525
33225
9/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/ 2/98 849.02 849.02 5600
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/ 2/98 3964.63 3964.63 26150
------
TOTAL BORROWINGS 31750
MATURITIES ( 33225)
------
DAILY TOTAL ( 1475)
31750
9/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/ 3/98 4506.64 4506.64 29725
MATURITIES ( 31750)
------
DAILY TOTAL ( 2025)
29725
9/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/ 4/98 4101.08 4101.08 27050
MATURITIES ( 29725)
------
DAILY TOTAL ( 2675)
27050
<PAGE>
9/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 4 9/ 8/98 4101.08 16404.32 27050
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 4 9/ 8/98 250.16 1000.63 1650
------
TOTAL BORROWINGS 28700
MATURITIES ( 27050)
------
DAILY TOTAL 1650
28700
9/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/ 9/98 4351.24 4351.24 28700
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/ 9/98 307.01 307.01 2025
------
TOTAL BORROWINGS 30725
MATURITIES ( 28700)
------
DAILY TOTAL 2025
30725
9/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/10/98 3991.16 3991.16 26325
MATURITIES ( 30725)
------
DAILY TOTAL ( 4400)
26325
9/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/11/98 3756.17 3756.17 24775
MATURITIES ( 26325)
------
DAILY TOTAL ( 1550)
24775
9/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 3 9/14/98 3756.17 11268.50 24775
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 3 9/14/98 11.37 34.11 75
------
TOTAL BORROWINGS 24850
MATURITIES ( 24775)
------
DAILY TOTAL 75
24850
9/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/15/98 3729.63 3729.63 24600
MATURITIES ( 24850)
------
DAILY TOTAL ( 250)
24600
9/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/16/98 3729.63 3729.63 24600
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/16/98 1053.70 1053.70 6950
------
TOTAL BORROWINGS 31550
MATURITIES ( 24600)
------
DAILY TOTAL 6950
31550
<PAGE>
9/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/17/98 4775.75 4775.75 31500
MATURITIES ( 31550)
------
DAILY TOTAL ( 50)
31500
9/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/18/98 4775.75 4775.75 31500
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/18/98 1679.09 1679.09 11075
------
TOTAL BORROWINGS 42575
MATURITIES ( 31500)
------
DAILY TOTAL 11075
42575
9/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 3 9/21/98 6454.84 19364.53 42575
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 3 9/21/98 125.08 375.24 825
------
TOTAL BORROWINGS 43400
MATURITIES ( 42575)
------
DAILY TOTAL 825
43400
9/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/22/98 6579.92 6579.92 43400
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/22/98 871.76 871.76 5750
------
TOTAL BORROWINGS 49150
MATURITIES ( 43400)
------
DAILY TOTAL 5750
49150
9/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/23/98 7394.83 7394.83 48775
MATURITIES ( 49150)
------
DAILY TOTAL ( 375)
48775
9/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/24/98 7072.66 7072.66 46650
MATURITIES ( 48775)
------
DAILY TOTAL ( 2125)
46650
9/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/25/98 6606.45 6606.45 43575
MATURITIES ( 46650)
------
DAILY TOTAL ( 3075)
43575
<PAGE>
9/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 3 9/28/98 6606.45 19819.36 43575
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 3 9/28/98 356.29 1068.86 2350
------
TOTAL BORROWINGS 45925
MATURITIES ( 43575)
------
DAILY TOTAL 2350
45925
9/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/29/98 6962.74 6962.74 45925
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/29/98 405.56 405.56 2675
------
TOTAL BORROWINGS 48600
MATURITIES ( 45925)
------
DAILY TOTAL 2675
48600
9/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/30/98 7319.03 7319.03 48275
MATURITIES ( 48600)
------
DAILY TOTAL ( 325)
48275
9/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 10/ 1/98 7319.03 7319.03 48275
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 10/ 1/98 708.78 708.78 4675
------
TOTAL BORROWINGS 52950
MATURITIES ( 48275)
------
DAILY TOTAL 4675
52950
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/98 TO 9/30/98
--------------------
BORROWINGS AT 9/30/98 $ 52950000
<PAGE>
NANTUCKET ELECTRIC COMPANY
BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 7/ 1/98 0
8/21/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 8/24/98 484.49 1453.48 2925
2925
8/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/25/98 484.49 484.49 2925
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/25/98 16.56 16.56 100
------
TOTAL BORROWINGS 3025
MATURITIES ( 2925)
------
DAILY TOTAL 100
3025
8/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/26/98 488.63 488.63 2950
MATURITIES ( 3025)
------
DAILY TOTAL ( 75)
2950
8/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/27/98 488.63 488.63 2950
MATURITIES ( 2950)
------
DAILY TOTAL 0
2950
8/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/28/98 480.35 480.35 2900
MATURITIES ( 2950)
------
DAILY TOTAL ( 50)
2900
8/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 8/31/98 480.35 1441.06 2900
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 8/31/98 4.14 12.42 25
------
TOTAL BORROWINGS 2925
MATURITIES ( 2900)
------
DAILY TOTAL 25
2925
8/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 9/ 1/98 484.49 484.49 2925
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 9/ 1/98 12.42 12.42 75
------
TOTAL BORROWINGS 3000
MATURITIES ( 2925)
------
DAILY TOTAL 75
3000
<PAGE>
9/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 2/98 491.25 491.25 3000
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/ 2/98 16.37 16.37 100
------
TOTAL BORROWINGS 3100
MATURITIES ( 3000)
------
DAILY TOTAL 100
3100
9/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 3/98 462.59 462.59 2825
MATURITIES ( 3100)
------
DAILY TOTAL ( 275)
2825
9/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 4/98 462.59 462.59 2825
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/ 4/98 4.09 4.09 25
------
TOTAL BORROWINGS 2850
MATURITIES ( 2825)
------
DAILY TOTAL 25
2850
9/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 4 9/ 8/98 466.69 1866.75 2850
MATURITIES ( 2850)
------
DAILY TOTAL 0
2850
9/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 9/98 466.69 466.69 2850
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/ 9/98 4.09 4.09 25
------
TOTAL BORROWINGS 2875
MATURITIES ( 2850)
------
DAILY TOTAL 25
2875
9/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/10/98 466.69 466.69 2850
MATURITIES ( 2875)
------
DAILY TOTAL ( 25)
2850
9/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/11/98 458.50 458.50 2800
MATURITIES ( 2850)
------
DAILY TOTAL ( 50)
2800
<PAGE>
9/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/14/98 454.41 1363.22 2775
MATURITIES ( 2800)
------
DAILY TOTAL ( 25)
2775
9/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/15/98 454.41 454.41 2775
MATURITIES ( 2775)
------
DAILY TOTAL 0
2775
9/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/16/98 356.16 356.16 2175
MATURITIES ( 2775)
------
DAILY TOTAL ( 600)
2175
9/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/17/98 356.16 356.16 2175
MATURITIES ( 2175)
------
DAILY TOTAL 0
2175
9/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/18/98 343.88 343.88 2100
MATURITIES ( 2175)
------
DAILY TOTAL ( 75)
2100
9/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/21/98 339.78 1019.34 2075
MATURITIES ( 2100)
------
DAILY TOTAL ( 25)
2075
9/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/22/98 339.78 339.78 2075
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/22/98 8.19 8.19 50
------
TOTAL BORROWINGS 2125
MATURITIES ( 2075)
------
DAILY TOTAL 50
2125
9/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/23/98 347.97 347.97 2125
MATURITIES ( 2125)
------
DAILY TOTAL 0
2125
<PAGE>
9/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/24/98 335.69 335.69 2050
MATURITIES ( 2125)
------
DAILY TOTAL ( 75)
2050
9/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/25/98 331.59 331.59 2025
MATURITIES ( 2050)
------
DAILY TOTAL ( 25)
2025
9/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/28/98 331.59 994.78 2025
MATURITIES ( 2025)
------
DAILY TOTAL 0
2025
9/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/29/98 331.59 331.59 2025
MATURITIES ( 2025)
------
DAILY TOTAL 0
2025
9/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/30/98 331.59 331.59 2025
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/30/98 8.19 8.19 50
------
TOTAL BORROWINGS 2075
MATURITIES ( 2025)
------
DAILY TOTAL 50
2075
9/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 10/ 1/98 339.78 339.78 2075
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 10/ 1/98 20.47 20.47 125
------
TOTAL BORROWINGS 2200
MATURITIES ( 2075)
------
DAILY TOTAL 125
2200
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/98 TO 9/30/98
--------------------
BORROWINGS AT 9/30/98 $ 2200000
<PAGE>
THE NARRAGANSETT ELECTRIC COMPANY
BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 7/ 1/98 39000
7/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/ 2/98 1457.26 1457.26 9300
COMM PAP MER LYNCH ROLLOVER 5.700% 5.707% 8 7/ 9/98 839.17 6713.33 5300
COMM PAP MER LYNCH NEW MONEY 5.700% 5.708% 9 7/10/98 902.50 8122.50 5700
COMM PAP 1 ST BOST NEW MONEY 5.650% 5.661% 12 7/13/98 890.66 10687.92 5675
------
TOTAL BORROWINGS 25975
MATURITIES ( 17250)
------
DAILY TOTAL 8725
47725
7/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/ 3/98 1449.42 1449.42 9250
COMM PAP MER LYNCH NEW MONEY 5.600% 5.610% 12 7/14/98 544.44 6533.33 3500
COMM PAP 1 ST BOST ROLLOVER 5.670% 5.674% 5 7/ 7/98 630.00 3150.00 4000
------
TOTAL BORROWINGS 16750
MATURITIES ( 13300)
------
DAILY TOTAL 3450
51175
7/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 3 7/ 6/98 1374.99 4124.98 8775
MATURITIES ( 9250)
------
DAILY TOTAL ( 475)
50700
7/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/ 7/98 1265.31 1265.31 8075
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.608% 9 7/15/98 528.89 4760.00 3400
------
TOTAL BORROWINGS 11475
MATURITIES ( 14775)
------
DAILY TOTAL ( 3300)
47400
7/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/ 8/98 1265.31 1265.31 8075
MONEYPOOL MONEYPOOL NEW MONEY 5.641% 5.641% 1 7/ 8/98 227.21 227.21 1450
COMM PAP MER LYNCH ROLLOVER 5.570% 5.576% 7 7/14/98 344.26 2409.80 2225
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.597% 8 7/15/98 621.11 4968.89 4000
------
TOTAL BORROWINGS 15750
MATURITIES ( 16800)
------
DAILY TOTAL ( 1050)
46350
<PAGE>
7/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/ 9/98 1414.17 1414.17 9025
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.587% 8 7/16/98 1065.63 8525.00 6875
------
TOTAL BORROWINGS 15900
MATURITIES ( 16550)
------
DAILY TOTAL ( 650)
45700
7/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/10/98 1414.17 1414.17 9025
COMM PAP MER LYNCH ROLLOVER 5.560% 5.567% 8 7/17/98 729.75 5838.00 4725
------
TOTAL BORROWINGS 13750
MATURITIES ( 14325)
------
DAILY TOTAL ( 575)
45125
7/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 3 7/13/98 1414.17 4242.50 9025
MONEYPOOL MONEYPOOL NEW MONEY 5.641% 5.641% 3 7/13/98 94.02 282.05 600
COMM PAP MER LYNCH ROLLOVER 5.550% 5.559% 10 7/20/98 801.67 8016.67 5200
------
TOTAL BORROWINGS 14825
MATURITIES ( 14725)
------
DAILY TOTAL 100
45225
7/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/14/98 1465.09 1465.09 9350
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.587% 8 7/21/98 837.00 6696.00 5400
------
TOTAL BORROWINGS 14750
MATURITIES ( 15300)
------
DAILY TOTAL ( 550)
44675
7/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/15/98 1288.81 1288.81 8225
COMM PAP MER LYNCH ROLLOVER 5.570% 5.577% 8 7/22/98 885.78 7086.28 5725
------
TOTAL BORROWINGS 13950
MATURITIES ( 15075)
------
DAILY TOTAL ( 1125)
43550
7/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/16/98 1288.81 1288.81 8225
MONEYPOOL MONEYPOOL NEW MONEY 5.641% 5.641% 1 7/16/98 415.24 415.24 2650
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.607% 8 7/23/98 867.22 6937.78 5575
------
TOTAL BORROWINGS 16450
MATURITIES ( 15625)
------
DAILY TOTAL 825
44375
<PAGE>
7/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/17/98 1704.05 1704.05 10875
MONEYPOOL MONEYPOOL NEW MONEY 5.641% 5.641% 1 7/17/98 199.79 199.79 1275
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.597% 8 7/24/98 838.50 6708.00 5400
------
TOTAL BORROWINGS 17550
MATURITIES ( 17750)
------
DAILY TOTAL ( 200)
44175
7/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 3 7/20/98 1578.70 4736.09 10075
COMM PAP MER LYNCH ROLLOVER 5.560% 5.569% 10 7/27/98 729.75 7297.50 4725
COMM PAP MER LYNCH NEW MONEY 5.560% 5.569% 10 7/27/98 104.25 1042.50 675
------
TOTAL BORROWINGS 15475
MATURITIES ( 16875)
------
DAILY TOTAL ( 1400)
42775
7/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/21/98 1523.85 1523.85 9725
COMM PAP MER LYNCH ROLLOVER 5.570% 5.577% 8 7/28/98 804.56 6436.44 5200
COMM PAP MER LYNCH NEW MONEY 5.570% 5.577% 8 7/28/98 243.69 1949.50 1575
------
TOTAL BORROWINGS 16500
MATURITIES ( 15275)
------
DAILY TOTAL 1225
44000
7/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/22/98 1371.08 1371.08 8750
COMM PAP 1 ST BOST ROLLOVER 5.560% 5.567% 8 7/29/98 834.00 6672.00 5400
COMM PAP 1 ST BOST NEW MONEY 5.560% 5.567% 8 7/29/98 65.64 525.11 425
------
TOTAL BORROWINGS 14575
MATURITIES ( 15125)
------
DAILY TOTAL ( 550)
43450
7/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/23/98 1371.08 1371.08 8750
MONEYPOOL MONEYPOOL NEW MONEY 5.641% 5.641% 1 7/23/98 90.10 90.10 575
COMM PAP MER LYNCH ROLLOVER 5.550% 5.557% 8 7/30/98 882.60 7060.83 5725
COMM PAP MER LYNCH NEW MONEY 5.550% 5.557% 8 7/30/98 57.81 462.50 375
------
TOTAL BORROWINGS 15425
MATURITIES ( 14475)
------
DAILY TOTAL 950
44400
<PAGE>
7/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/24/98 1461.18 1461.18 9325
MONEYPOOL MONEYPOOL NEW MONEY 5.641% 5.641% 1 7/24/98 188.03 188.03 1200
COMM PAP 1 ST BOST ROLLOVER 5.560% 5.567% 8 7/31/98 417.00 3336.00 2700
------
TOTAL BORROWINGS 13225
MATURITIES ( 14900)
------
DAILY TOTAL ( 1675)
42725
7/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 3 7/27/98 1594.37 4783.10 10175
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.586% 7 7/31/98 775.00 5425.00 5000
------
TOTAL BORROWINGS 15175
MATURITIES ( 15925)
------
DAILY TOTAL ( 750)
41975
7/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/28/98 1594.37 1594.37 10175
MONEYPOOL MONEYPOOL NEW MONEY 5.641% 5.641% 1 7/28/98 101.85 101.85 650
COMM PAP MER LYNCH ROLLOVER 5.650% 5.656% 7 8/ 3/98 714.10 4998.68 4550
------
TOTAL BORROWINGS 15375
MATURITIES ( 15575)
------
DAILY TOTAL ( 200)
41775
7/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/29/98 1519.94 1519.94 9700
COMM PAP MER LYNCH ROLLOVER 5.670% 5.676% 7 8/ 4/98 1067.06 7469.44 6775
COMM PAP MER LYNCH NEW MONEY 5.670% 5.677% 8 8/ 5/98 838.69 6709.50 5325
------
TOTAL BORROWINGS 21800
MATURITIES ( 17600)
------
DAILY TOTAL 4200
45975
7/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/30/98 1351.49 1351.49 8625
COMM PAP 1 ST BOST ROLLOVER 5.710% 5.717% 8 8/ 6/98 923.91 7391.28 5825
COMM PAP 1 ST BOST NEW MONEY 5.710% 5.717% 8 8/ 6/98 198.26 1586.11 1250
------
TOTAL BORROWINGS 15700
MATURITIES ( 15525)
------
DAILY TOTAL 175
46150
<PAGE>
7/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 7/31/98 1151.70 1151.70 7350
COMM PAP MER LYNCH ROLLOVER 5.650% 5.657% 8 8/ 7/98 949.51 7596.11 6050
------
TOTAL BORROWINGS 13400
MATURITIES ( 14725)
------
DAILY TOTAL ( 1325)
44825
7/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.641% 5.641% 1 8/ 1/98 881.41 881.41 5625
COMM PAP 1 ST BOST ROLLOVER 5.670% 5.679% 10 8/10/98 1212.75 12127.50 7700
COMM PAP 1 ST BOST NEW MONEY 5.670% 5.679% 10 8/10/98 106.31 1063.13 675
------
TOTAL BORROWINGS 14000
MATURITIES ( 15050)
------
DAILY TOTAL ( 1050)
43775
8/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 2 8/ 3/98 875.94 1751.88 5625
MATURITIES ( 5625)
------
DAILY TOTAL 0
43775
8/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/ 4/98 397.09 397.09 2550
COMM PAP MER LYNCH ROLLOVER 5.590% 5.597% 8 8/11/98 706.51 5652.11 4550
COMM PAP MER LYNCH NEW MONEY 5.590% 5.597% 8 8/11/98 962.72 7701.78 6200
------
TOTAL BORROWINGS 13300
MATURITIES ( 10175)
------
DAILY TOTAL 3125
46900
8/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/ 5/98 175.19 175.19 1125
COMM PAP MER LYNCH ROLLOVER 5.590% 5.597% 8 8/12/98 1052.01 8416.06 6775
------
TOTAL BORROWINGS 7900
MATURITIES ( 9325)
------
DAILY TOTAL ( 1425)
45475
8/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/ 6/98 175.19 175.19 1125
MONEYPOOL MONEYPOOL NEW MONEY 5.606% 5.606% 1 8/ 6/98 319.23 319.23 2050
COMM PAP MER LYNCH ROLLOVER 5.550% 5.552% 2 8/ 7/98 304.48 608.96 1975
------
TOTAL BORROWINGS 5150
MATURITIES ( 6450)
------
DAILY TOTAL ( 1300)
44175
<PAGE>
8/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/ 7/98 494.42 494.42 3175
MONEYPOOL MONEYPOOL NEW MONEY 5.606% 5.606% 1 8/ 7/98 155.72 155.72 1000
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.586% 7 8/13/98 829.25 5804.75 5350
------
TOTAL BORROWINGS 9525
MATURITIES ( 10250)
------
DAILY TOTAL ( 725)
43450
8/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 3 8/10/98 525.56 1576.69 3375
COMM PAP MER LYNCH ROLLOVER 5.560% 5.566% 7 8/14/98 1239.42 8675.92 8025
COMM PAP MER LYNCH NEW MONEY 5.560% 5.566% 7 8/14/98 100.39 702.72 650
------
TOTAL BORROWINGS 12050
MATURITIES ( 12200)
------
DAILY TOTAL ( 150)
43300
8/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/11/98 525.56 525.56 3375
MONEYPOOL MONEYPOOL NEW MONEY 5.606% 5.606% 1 8/11/98 73.97 73.97 475
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.576% 7 8/17/98 1295.80 9070.59 8375
------
TOTAL BORROWINGS 12225
MATURITIES ( 11750)
------
DAILY TOTAL 475
43775
8/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/12/98 599.53 599.53 3850
COMM PAP MER LYNCH ROLLOVER 5.600% 5.606% 7 8/18/98 1341.67 9391.67 8625
------
TOTAL BORROWINGS 12475
MATURITIES ( 14600)
------
DAILY TOTAL ( 2125)
41650
8/12/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/13/98 599.53 599.53 3850
MONEYPOOL MONEYPOOL NEW MONEY 5.606% 5.606% 1 8/13/98 190.76 190.76 1225
COMM PAP MER LYNCH ROLLOVER 5.570% 5.572% 2 8/14/98 734.93 1469.86 4750
------
TOTAL BORROWINGS 9825
MATURITIES ( 10625)
------
DAILY TOTAL ( 800)
40850
<PAGE>
8/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/14/98 790.29 790.29 5075
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.575% 6 8/19/98 742.67 4456.00 4800
------
TOTAL BORROWINGS 9875
MATURITIES ( 10425)
------
DAILY TOTAL ( 550)
40300
8/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 3 8/17/98 790.29 2370.87 5075
COMM PAP MER LYNCH ROLLOVER 5.580% 5.585% 6 8/20/98 325.50 1953.00 2100
COMM PAP MER LYNCH ROLLOVER 5.600% 5.605% 6 8/20/98 1695.56 10173.33 10900
------
TOTAL BORROWINGS 18075
MATURITIES ( 18500)
------
DAILY TOTAL ( 425)
39875
8/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/18/98 790.29 790.29 5075
MONEYPOOL MONEYPOOL NEW MONEY 5.606% 5.606% 1 8/18/98 319.23 319.23 2050
COMM PAP 1 ST BOST ROLLOVER 5.700% 5.704% 4 8/21/98 898.54 3594.17 5675
------
TOTAL BORROWINGS 12800
MATURITIES ( 13450)
------
DAILY TOTAL ( 650)
39225
8/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/19/98 1109.52 1109.52 7125
MONEYPOOL MONEYPOOL NEW MONEY 5.606% 5.606% 1 8/19/98 27.25 27.25 175
COMM PAP MER LYNCH ROLLOVER 5.560% 5.563% 3 8/21/98 1127.44 3382.33 7300
------
TOTAL BORROWINGS 14600
MATURITIES ( 15750)
------
DAILY TOTAL ( 1150)
38075
8/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/20/98 1136.77 1136.77 7300
MONEYPOOL MONEYPOOL NEW MONEY 5.606% 5.606% 1 8/20/98 38.93 38.93 250
COMM PAP 1 ST BOST ROLLOVER 5.560% 5.564% 5 8/24/98 741.33 3706.67 4800
------
TOTAL BORROWINGS 12350
MATURITIES ( 12100)
------
DAILY TOTAL 250
38325
<PAGE>
8/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/21/98 1175.70 1175.70 7550
COMM PAP MER LYNCH ROLLOVER 5.550% 5.554% 5 8/25/98 1988.75 9943.75 12900
------
TOTAL BORROWINGS 20450
MATURITIES ( 20550)
------
DAILY TOTAL ( 100)
38225
8/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 3 8/24/98 1175.70 3527.11 7550
COMM PAP MER LYNCH ROLLOVER 5.540% 5.545% 6 8/27/98 1123.39 6740.33 7300
COMM PAP MER LYNCH NEW MONEY 5.540% 5.545% 6 8/27/98 19.24 115.42 125
COMM PAP 1 ST BOST ROLLOVER 5.520% 5.524% 5 8/26/98 870.17 4350.83 5675
------
TOTAL BORROWINGS 20650
MATURITIES ( 20525)
------
DAILY TOTAL 125
38350
8/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/25/98 1175.70 1175.70 7550
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.573% 4 8/28/98 742.67 2970.67 4800
COMM PAP 1 ST BOST NEW MONEY 5.570% 5.573% 4 8/28/98 444.83 1779.31 2875
------
TOTAL BORROWINGS 15225
MATURITIES ( 12350)
------
DAILY TOTAL 2875
41225
8/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/26/98 1175.70 1175.70 7550
COMM PAP MER LYNCH ROLLOVER 5.530% 5.531% 1 8/26/98 860.22 860.22 5600
COMM PAP MER LYNCH ROLLOVER 5.600% 5.603% 3 8/28/98 871.11 2613.33 5600
------
TOTAL BORROWINGS 18750
MATURITIES ( 20450)
------
DAILY TOTAL ( 1700)
39525
8/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/27/98 1128.99 1128.99 7250
COMM PAP MER LYNCH ROLLOVER 5.610% 5.614% 5 8/31/98 872.67 4363.33 5600
COMM PAP 1 ST BOST ROLLOVER 5.630% 5.635% 6 9/ 1/98 887.51 5325.04 5675
------
TOTAL BORROWINGS 18525
MATURITIES ( 18825)
------
DAILY TOTAL ( 300)
39225
<PAGE>
8/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 8/28/98 965.48 965.48 6200
COMM PAP MER LYNCH ROLLOVER 5.610% 5.614% 5 9/ 1/98 1157.06 5785.31 7425
------
TOTAL BORROWINGS 13625
MATURITIES ( 14675)
------
DAILY TOTAL ( 1050)
38175
8/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 3 8/31/98 965.48 2896.43 6200
COMM PAP MER LYNCH ROLLOVER 5.600% 5.603% 4 9/ 1/98 871.11 3484.44 5600
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.603% 4 9/ 1/98 1155.00 4620.00 7425
------
TOTAL BORROWINGS 19225
MATURITIES ( 19475)
------
DAILY TOTAL ( 250)
37925
8/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.606% 5.606% 1 9/ 1/98 965.48 965.48 6200
COMM PAP MER LYNCH ROLLOVER 5.900% 5.901% 1 9/ 1/98 917.78 917.78 5600
COMM PAP MER LYNCH NEW MONEY 5.900% 5.901% 1 9/ 1/98 94.24 94.24 575
------
TOTAL BORROWINGS 12375
MATURITIES ( 11800)
------
DAILY TOTAL 575
38500
9/ 1/98:
MATURITIES ( 38500)
0
9/16/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/17/98 250.16 250.16 1650
1650
9/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/18/98 250.16 250.16 1650
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/18/98 4870.51 4870.51 32125
------
TOTAL BORROWINGS 33775
MATURITIES ( 1650)
------
DAILY TOTAL 32125
33775
9/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 3 9/21/98 5071.39 15214.18 33450
MATURITIES ( 33775)
------
DAILY TOTAL ( 325)
33450
<PAGE>
9/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/22/98 5071.39 5071.39 33450
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/22/98 242.58 242.58 1600
------
TOTAL BORROWINGS 35050
MATURITIES ( 33450)
------
DAILY TOTAL 1600
35050
9/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/23/98 5219.21 5219.21 34425
MATURITIES ( 35050)
------
DAILY TOTAL ( 625)
34425
9/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/24/98 5048.65 5048.65 33300
MATURITIES ( 34425)
------
DAILY TOTAL ( 1125)
33300
9/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/25/98 4669.62 4669.62 30800
MATURITIES ( 33300)
------
DAILY TOTAL ( 2500)
30800
9/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 3 9/28/98 4669.62 14008.87 30800
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 3 9/28/98 87.18 261.53 575
------
TOTAL BORROWINGS 31375
MATURITIES ( 30800)
------
DAILY TOTAL 575
31375
9/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/29/98 4756.80 4756.80 31375
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/29/98 83.39 83.39 550
------
TOTAL BORROWINGS 31925
MATURITIES ( 31375)
------
DAILY TOTAL 550
31925
9/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 9/30/98 4840.18 4840.18 31925
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 9/30/98 818.70 818.70 5400
------
TOTAL BORROWINGS 37325
MATURITIES ( 31925)
------
DAILY TOTAL 5400
37325
<PAGE>
9/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.458% 5.458% 1 10/ 1/98 5658.88 5658.88 37325
MONEYPOOL MONEYPOOL NEW MONEY 5.458% 5.458% 1 10/ 1/98 519.27 519.27 3425
------
TOTAL BORROWINGS 40750
MATURITIES ( 37325)
------
DAILY TOTAL 3425
40750
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/98 TO 9/30/98
--------------------
BORROWINGS AT 9/30/98 $ 40750000
<PAGE>
NEW ENGLAND ELECTRIC TRANSMISSION CORP
BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 7/ 1/98 3000
7/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 2/98 496.92 496.92 3000
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/ 2/98 33.13 33.13 200
------
TOTAL BORROWINGS 3200
MATURITIES ( 3000)
------
DAILY TOTAL 200
3200
7/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 3/98 530.04 530.04 3200
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/ 3/98 8.28 8.28 50
------
TOTAL BORROWINGS 3250
MATURITIES ( 3200)
------
DAILY TOTAL 50
3250
7/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 7/ 6/98 538.33 1614.98 3250
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 7/ 6/98 4.14 12.42 25
------
TOTAL BORROWINGS 3275
MATURITIES ( 3250)
------
DAILY TOTAL 25
3275
7/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 7/98 542.47 542.47 3275
MATURITIES ( 3275)
------
DAILY TOTAL 0
3275
7/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 8/98 542.47 542.47 3275
MATURITIES ( 3275)
------
DAILY TOTAL 0
3275
<PAGE>
7/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 9/98 542.47 542.47 3275
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/ 9/98 12.42 12.42 75
------
TOTAL BORROWINGS 3350
MATURITIES ( 3275)
------
DAILY TOTAL 75
3350
7/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/10/98 546.61 546.61 3300
MATURITIES ( 3350)
------
DAILY TOTAL ( 50)
3300
7/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 7/13/98 546.61 1639.83 3300
MATURITIES ( 3300)
------
DAILY TOTAL 0
3300
7/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/14/98 546.61 546.61 3300
MATURITIES ( 3300)
------
DAILY TOTAL 0
3300
7/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/15/98 546.61 546.61 3300
MATURITIES ( 3300)
------
DAILY TOTAL 0
3300
7/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/16/98 546.61 546.61 3300
MATURITIES ( 3300)
------
DAILY TOTAL 0
3300
7/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/17/98 480.35 480.35 2900
MATURITIES ( 3300)
------
DAILY TOTAL ( 400)
2900
7/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 7/20/98 480.35 1441.06 2900
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 7/20/98 37.27 111.81 225
------
TOTAL BORROWINGS 3125
MATURITIES ( 2900)
------
DAILY TOTAL 225
3125
<PAGE>
7/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/21/98 517.62 517.62 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
7/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/22/98 517.62 517.62 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
7/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/23/98 517.62 517.62 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
7/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/24/98 517.62 517.62 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
7/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 7/27/98 517.62 1552.86 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
7/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/28/98 517.62 517.62 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
7/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/29/98 517.62 517.62 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
7/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/30/98 517.62 517.62 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
7/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/31/98 517.62 517.62 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
<PAGE>
7/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 1/98 517.62 517.62 3125
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/ 1/98 4.14 4.14 25
------
TOTAL BORROWINGS 3150
MATURITIES ( 3125)
------
DAILY TOTAL 25
3150
8/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 2 8/ 3/98 517.62 1035.24 3125
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 2 8/ 3/98 4.14 8.28 25
------
TOTAL BORROWINGS 3150
MATURITIES ( 3150)
------
DAILY TOTAL 0
3150
8/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 4/98 521.76 521.76 3150
MATURITIES ( 3150)
------
DAILY TOTAL 0
3150
8/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 5/98 521.76 521.76 3150
MATURITIES ( 3150)
------
DAILY TOTAL 0
3150
8/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 6/98 521.76 521.76 3150
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/ 6/98 4.14 4.14 25
------
TOTAL BORROWINGS 3175
MATURITIES ( 3150)
------
DAILY TOTAL 25
3175
8/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 7/98 525.90 525.90 3175
MATURITIES ( 3175)
------
DAILY TOTAL 0
3175
8/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 8/10/98 525.90 1577.71 3175
MATURITIES ( 3175)
------
DAILY TOTAL 0
3175
<PAGE>
8/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/11/98 525.90 525.90 3175
MATURITIES ( 3175)
------
DAILY TOTAL 0
3175
8/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/12/98 525.90 525.90 3175
MATURITIES ( 3175)
------
DAILY TOTAL 0
3175
8/12/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/13/98 525.90 525.90 3175
MATURITIES ( 3175)
------
DAILY TOTAL 0
3175
8/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/14/98 525.90 525.90 3175
MATURITIES ( 3175)
------
DAILY TOTAL 0
3175
8/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 8/17/98 430.66 1291.98 2600
MATURITIES ( 3175)
------
DAILY TOTAL ( 575)
2600
8/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/18/98 430.66 430.66 2600
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/18/98 74.54 74.54 450
------
TOTAL BORROWINGS 3050
MATURITIES ( 2600)
------
DAILY TOTAL 450
3050
8/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/19/98 505.20 505.20 3050
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/19/98 8.28 8.28 50
------
TOTAL BORROWINGS 3100
MATURITIES ( 3050)
------
DAILY TOTAL 50
3100
<PAGE>
8/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/20/98 513.48 513.48 3100
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/20/98 4.14 4.14 25
------
TOTAL BORROWINGS 3125
MATURITIES ( 3100)
------
DAILY TOTAL 25
3125
8/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/21/98 517.62 517.62 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
8/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 8/24/98 517.62 1552.86 3125
MATURITIES ( 3125)
------
DAILY TOTAL 0
3125
8/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/25/98 517.62 517.62 3125
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/25/98 16.56 16.56 100
------
TOTAL BORROWINGS 3225
MATURITIES ( 3125)
------
DAILY TOTAL 100
3225
8/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/26/98 534.19 534.19 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
8/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/27/98 534.19 534.19 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
8/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/28/98 534.19 534.19 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
8/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 8/31/98 534.19 1602.56 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
<PAGE>
8/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 9/ 1/98 534.19 534.19 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
9/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 2/98 528.09 528.09 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
9/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 3/98 528.09 528.09 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
9/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 4/98 528.09 528.09 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
9/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 4 9/ 8/98 528.09 2112.37 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
9/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 9/98 528.09 528.09 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
9/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/10/98 528.09 528.09 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
9/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/11/98 528.09 528.09 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
9/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/14/98 528.09 1584.28 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
<PAGE>
9/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/15/98 528.09 528.09 3225
MATURITIES ( 3225)
------
DAILY TOTAL 0
3225
9/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/16/98 528.09 528.09 3225
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/16/98 12.28 12.28 75
------
TOTAL BORROWINGS 3300
MATURITIES ( 3225)
------
DAILY TOTAL 75
3300
9/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/17/98 491.25 491.25 3000
MATURITIES ( 3300)
------
DAILY TOTAL ( 300)
3000
9/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/18/98 491.25 491.25 3000
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/18/98 77.78 77.78 475
------
TOTAL BORROWINGS 3475
MATURITIES ( 3000)
------
DAILY TOTAL 475
3475
9/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/21/98 569.03 1707.09 3475
MATURITIES ( 3475)
------
DAILY TOTAL 0
3475
9/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/22/98 569.03 569.03 3475
MATURITIES ( 3475)
------
DAILY TOTAL 0
3475
9/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/23/98 569.03 569.03 3475
MATURITIES ( 3475)
------
DAILY TOTAL 0
3475
9/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/24/98 569.03 569.03 3475
MATURITIES ( 3475)
------
DAILY TOTAL 0
3475
<PAGE>
9/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/25/98 569.03 569.03 3475
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/25/98 4.09 4.09 25
------
TOTAL BORROWINGS 3500
MATURITIES ( 3475)
------
DAILY TOTAL 25
3500
9/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/28/98 573.13 1719.38 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
9/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/29/98 573.13 573.13 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
9/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/30/98 573.13 573.13 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
9/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 10/ 1/98 573.13 573.13 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/98 TO 9/30/98
--------------------
BORROWINGS AT 9/30/98 $ 3500000
<PAGE>
NEW ENGLAND HYDRO TRANS. ELECTRIC CO.
BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 7/ 1/98 0
<PAGE>
NEW ENGLAND HYDRO-TRANSMISSION CORP.
BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 7/ 1/98 0
8/27/98:
BK NOTE FNBB NEW MONEY 6.125% 6.125% 19 9/15/98 204.17 3879.17 1200
1200
9/ 8/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/ 9/98 16.37 16.37 100
1300
9/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/10/98 16.37 16.37 100
MATURITIES ( 100)
------
DAILY TOTAL 0
1300
9/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/11/98 16.37 16.37 100
MATURITIES ( 100)
------
DAILY TOTAL 0
1300
9/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/14/98 16.37 49.13 100
MATURITIES ( 100)
------
DAILY TOTAL 0
1300
9/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/15/98 16.37 16.37 100
MATURITIES ( 100)
------
DAILY TOTAL 0
1300
9/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/16/98 16.37 16.37 100
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/16/98 90.06 90.06 550
------
TOTAL BORROWINGS 650
MATURITIES ( 1300)
------
DAILY TOTAL ( 650)
650
<PAGE>
9/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/17/98 106.44 106.44 650
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/17/98 61.41 61.41 375
------
TOTAL BORROWINGS 1025
MATURITIES ( 650)
------
DAILY TOTAL 375
1025
9/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/18/98 167.84 167.84 1025
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/18/98 118.72 118.72 725
------
TOTAL BORROWINGS 1750
MATURITIES ( 1025)
------
DAILY TOTAL 725
1750
9/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/21/98 286.56 859.69 1750
MATURITIES ( 1750)
------
DAILY TOTAL 0
1750
9/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/22/98 274.28 274.28 1675
MATURITIES ( 1750)
------
DAILY TOTAL ( 75)
1675
9/22/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/23/98 4.09 4.09 25
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/23/98 274.28 274.28 1675
------
TOTAL BORROWINGS 1700
MATURITIES ( 1675)
------
DAILY TOTAL 25
1700
9/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/24/98 278.38 278.38 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
9/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/25/98 278.38 278.38 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
<PAGE>
9/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/28/98 278.38 835.13 1700
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 3 9/28/98 8.19 24.56 50
------
TOTAL BORROWINGS 1750
MATURITIES ( 1700)
------
DAILY TOTAL 50
1750
9/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/29/98 286.56 286.56 1750
MATURITIES ( 1750)
------
DAILY TOTAL 0
1750
9/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/30/98 286.56 286.56 1750
MATURITIES ( 1750)
------
DAILY TOTAL 0
1750
9/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 10/ 1/98 278.38 278.38 1700
MATURITIES ( 1750)
------
DAILY TOTAL ( 50)
1700
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/98 TO 9/30/98
--------------------
BORROWINGS AT 9/30/98 $ 1700000
<PAGE>
NEW ENGLAND POWER COMPANY
BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 7/ 1/98 366950
7/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/ 2/98 24888.78 24888.78 159175
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 1 7/ 2/98 930.35 930.35 5950
------
TOTAL BORROWINGS 165125
MATURITIES (159175)
------
DAILY TOTAL 5950
372900
7/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/ 3/98 25819.13 25819.13 165125
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 1 7/ 3/98 515.99 515.99 3300
COMM PAP MER LYNCH ROLLOVER 5.590% 5.600% 11 7/13/98 1979.79 21777.71 12750
------
TOTAL BORROWINGS 181175
MATURITIES (177875)
------
DAILY TOTAL 3300
376200
7/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 3 7/ 6/98 26335.13 79005.37 168425
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 3 7/ 6/98 78.18 234.54 500
------
TOTAL BORROWINGS 168925
MATURITIES (168425)
------
DAILY TOTAL 500
376700
7/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/ 7/98 26331.21 26331.21 168400
COMM PAP MER LYNCH ROLLOVER 5.580% 5.600% 23 7/29/98 1317.50 30302.50 8500
------
TOTAL BORROWINGS 176900
MATURITIES (177425)
------
DAILY TOTAL ( 525)
376175
7/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/ 8/98 25971.58 25971.58 166100
COMM PAP MER LYNCH ROLLOVER 5.570% 5.577% 8 7/15/98 1496.94 11975.50 9675
------
TOTAL BORROWINGS 175775
MATURITIES (178075)
------
DAILY TOTAL ( 2300)
373875
<PAGE>
7/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/ 9/98 25267.96 25267.96 161600
COMM PAP MER LYNCH ROLLOVER 5.570% 5.589% 22 7/30/98 1508.54 33187.92 9750
------
TOTAL BORROWINGS 171350
MATURITIES (175850)
------
DAILY TOTAL ( 4500)
369375
7/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/10/98 24787.15 24787.15 158525
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.607% 20 7/29/98 1642.06 32841.25 10575
------
TOTAL BORROWINGS 169100
MATURITIES (172175)
------
DAILY TOTAL ( 3074)
366300
7/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 3 7/13/98 24787.15 74361.45 158525
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 3 7/13/98 301.00 902.99 1925
COMM PAP MER LYNCH ROLLOVER 5.570% 5.591% 24 8/ 3/98 1531.75 36762.00 9900
------
TOTAL BORROWINGS 170350
MATURITIES (168425)
------
DAILY TOTAL 1925
368225
7/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/14/98 24013.16 24013.16 153575
COMM PAP MER LYNCH ROLLOVER 5.570% 5.589% 22 8/ 4/98 1972.71 43399.58 12750
------
TOTAL BORROWINGS 166325
MATURITIES (173200)
------
DAILY TOTAL ( 6875)
361350
7/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/15/98 23399.44 23399.44 149650
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.609% 22 8/ 5/98 2356.34 51839.49 15175
------
TOTAL BORROWINGS 164825
MATURITIES (168750)
------
DAILY TOTAL ( 3925)
357425
7/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/16/98 23071.08 23071.08 147550
COMM PAP MER LYNCH ROLLOVER 5.580% 5.599% 22 8/ 6/98 1499.63 32991.75 9675
------
TOTAL BORROWINGS 157225
MATURITIES (159325)
------
DAILY TOTAL ( 2100)
355325
<PAGE>
7/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/17/98 22910.82 22910.82 146525
COMM PAP MER LYNCH ROLLOVER 5.580% 5.599% 22 8/ 7/98 1871.63 41175.75 12075
------
TOTAL BORROWINGS 158600
MATURITIES (159625)
------
DAILY TOTAL ( 1024)
354300
7/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 3 7/20/98 22547.27 67641.83 144200
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.611% 24 8/10/98 1591.60 38198.33 10250
------
TOTAL BORROWINGS 154450
MATURITIES (156775)
------
DAILY TOTAL ( 2325)
351975
7/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/21/98 22547.27 22547.27 144200
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 1 7/21/98 656.72 656.72 4200
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.609% 10 7/30/98 2115.56 21155.56 13600
------
TOTAL BORROWINGS 162000
MATURITIES (157800)
------
DAILY TOTAL 4200
356175
7/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/22/98 23203.99 23203.99 148400
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 1 7/22/98 609.81 609.81 3900
COMM PAP MER LYNCH ROLLOVER 5.530% 5.535% 6 7/27/98 614.44 3686.67 4000
COMM PAP MER LYNCH ROLLOVER 5.550% 5.555% 6 7/27/98 678.33 4070.00 4400
------
TOTAL BORROWINGS 160700
MATURITIES (156800)
------
DAILY TOTAL 3900
360075
7/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/23/98 23813.80 23813.80 152300
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 1 7/23/98 277.54 277.54 1775
COMM PAP MER LYNCH ROLLOVER 5.570% 5.587% 20 8/11/98 762.01 15240.14 4925
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.607% 20 8/11/98 605.58 12111.67 3900
------
TOTAL BORROWINGS 162900
MATURITIES (161125)
------
DAILY TOTAL 1775
361850
<PAGE>
7/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/24/98 23587.08 23587.08 150850
COMM PAP MER LYNCH ROLLOVER 5.590% 5.607% 20 8/12/98 1541.13 30822.64 9925
------
TOTAL BORROWINGS 160775
MATURITIES (164000)
------
DAILY TOTAL ( 3225)
358625
7/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 3 7/27/98 23587.08 70761.23 150850
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 3 7/27/98 1477.61 4432.84 9450
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.617% 20 8/13/98 1368.89 27377.78 8800
------
TOTAL BORROWINGS 169100
MATURITIES (159650)
------
DAILY TOTAL 9450
368075
7/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/28/98 24540.88 24540.88 156950
COMM PAP MER LYNCH ROLLOVER 5.600% 5.616% 18 8/14/98 2628.89 47320.00 16900
------
TOTAL BORROWINGS 173850
MATURITIES (177200)
------
DAILY TOTAL ( 3350)
364725
7/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/29/98 23774.71 23774.71 152050
COMM PAP MER LYNCH ROLLOVER 5.670% 5.675% 6 8/ 3/98 1956.94 11741.63 12425
COMM PAP 1 ST BOST ROLLOVER 5.670% 5.677% 8 8/ 5/98 1956.94 15655.50 12425
------
TOTAL BORROWINGS 176900
MATURITIES (181800)
------
DAILY TOTAL ( 4899)
359825
7/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/30/98 23184.45 23184.45 148275
COMM PAP MER LYNCH ROLLOVER 5.700% 5.711% 12 8/10/98 1345.83 16150.00 8500
COMM PAP 1 ST BOST ROLLOVER 5.710% 5.715% 6 8/ 4/98 1677.31 10063.88 10575
------
TOTAL BORROWINGS 167350
MATURITIES (171125)
------
DAILY TOTAL ( 3774)
356050
<PAGE>
7/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 7/31/98 23184.45 23184.45 148275
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 1 7/31/98 31.27 31.27 200
COMM PAP MER LYNCH ROLLOVER 5.650% 5.661% 12 8/11/98 2314.93 27779.17 14750
COMM PAP 1 ST BOST ROLLOVER 5.700% 5.706% 7 8/ 6/98 2996.46 20975.21 18925
------
TOTAL BORROWINGS 182150
MATURITIES (181950)
------
DAILY TOTAL 200
356250
7/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.629% 5.629% 1 8/ 1/98 23215.72 23215.72 148475
MONEYPOOL MONEYPOOL NEW MONEY 5.629% 5.629% 1 8/ 1/98 2017.06 2017.06 12900
COMM PAP 1 ST BOST ROLLOVER 5.670% 5.676% 7 8/ 7/98 2504.25 17529.75 15900
------
TOTAL BORROWINGS 177275
MATURITIES (164375)
------
DAILY TOTAL 12900
369150
8/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 2 8/ 3/98 23075.49 46150.99 148475
MONEYPOOL MONEYPOOL NEW MONEY 5.595% 5.595% 2 8/ 3/98 2004.88 4009.75 12900
------
TOTAL BORROWINGS 161375
MATURITIES (161375)
------
DAILY TOTAL 0
369150
8/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/ 4/98 25080.37 25080.37 161375
MONEYPOOL MONEYPOOL NEW MONEY 5.595% 5.595% 1 8/ 4/98 1181.17 1181.17 7600
COMM PAP MER LYNCH ROLLOVER 5.600% 5.610% 11 8/14/98 3472.78 38200.55 22325
------
TOTAL BORROWINGS 191300
MATURITIES (183700)
------
DAILY TOTAL 7600
376750
8/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/ 5/98 26261.54 26261.54 168975
MONEYPOOL MONEYPOOL NEW MONEY 5.595% 5.595% 1 8/ 5/98 575.04 575.04 3700
COMM PAP MER LYNCH ROLLOVER 5.580% 5.587% 8 8/12/98 1976.25 15810.00 12750
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.596% 7 8/11/98 1642.06 11494.44 10575
------
TOTAL BORROWINGS 196000
MATURITIES (192300)
------
DAILY TOTAL 3700
380450
<PAGE>
8/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/ 6/98 26731.67 26731.67 172000
COMM PAP 1 ST BOST ROLLOVER 5.550% 5.557% 8 8/13/98 4255.00 34040.00 27600
------
TOTAL BORROWINGS 199600
MATURITIES (200275)
------
DAILY TOTAL ( 675)
379775
8/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/ 7/98 26591.79 26591.79 171100
COMM PAP MER LYNCH ROLLOVER 5.550% 5.556% 7 8/13/98 1491.56 10440.94 9675
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.587% 8 8/14/98 2933.38 23467.00 18925
------
TOTAL BORROWINGS 199700
MATURITIES (200600)
------
DAILY TOTAL ( 899)
378875
8/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 3 8/10/98 26292.62 78877.86 169175
COMM PAP MER LYNCH ROLLOVER 5.560% 5.565% 6 8/13/98 1864.92 11189.50 12075
COMM PAP 1 ST BOST ROLLOVER 5.560% 5.566% 7 8/14/98 2455.67 17189.67 15900
------
TOTAL BORROWINGS 197150
MATURITIES (199075)
------
DAILY TOTAL ( 1924)
376950
8/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/11/98 25826.37 25826.37 166175
COMM PAP MER LYNCH ROLLOVER 5.580% 5.586% 7 8/17/98 1317.50 9222.50 8500
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.577% 8 8/18/98 1585.90 12687.22 10250
------
TOTAL BORROWINGS 184925
MATURITIES (187925)
------
DAILY TOTAL ( 3000)
373950
8/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/12/98 25348.46 25348.46 163100
COMM PAP MER LYNCH ROLLOVER 5.600% 5.606% 7 8/18/98 3060.56 21423.89 19675
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.575% 6 8/17/98 2239.60 13437.63 14475
------
TOTAL BORROWINGS 197250
MATURITIES (200325)
------
DAILY TOTAL ( 3074)
370875
<PAGE>
8/12/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/13/98 25216.36 25216.36 162250
COMM PAP MER LYNCH ROLLOVER 5.570% 5.574% 5 8/17/98 3508.33 17541.63 22675
------
TOTAL BORROWINGS 184925
MATURITIES (185775)
------
DAILY TOTAL ( 850)
370025
8/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/14/98 13839.86 13839.86 89050
COMM PAP MER LYNCH ROLLOVER 5.580% 5.583% 4 8/17/98 3371.25 13485.00 21750
COMM PAP MER LYNCH NEW MONEY 5.580% 5.585% 6 8/19/98 5126.63 30759.75 33075
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.574% 5 8/18/98 5631.89 28159.45 36400
COMM PAP 1 ST BOST NEW MONEY 5.570% 5.575% 6 8/19/98 5570.00 33420.00 36000
------
TOTAL BORROWINGS 216275
MATURITIES (220400)
------
DAILY TOTAL ( 4124)
365900
8/14/98:
COMM PAP 1 ST BOST NEW MONEY 5.580% 5.585% 6 8/20/98 2394.75 14368.50 15450
COMM PAP MER LYNCH ROLLOVER 5.570% 5.575% 6 8/20/98 4223.92 25343.50 27300
COMM PAP MER LYNCH NEW MONEY 5.580% 5.585% 6 8/20/98 2398.62 14391.75 15475
COMM PAP MER LYNCH ROLLOVER 5.580% 5.585% 6 8/20/98 670.38 4022.25 4325
COMM PAP MER LYNCH ROLLOVER 5.600% 5.605% 6 8/20/98 1182.22 7093.33 7600
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.585% 6 8/20/98 5397.88 32387.25 34825
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 3 8/17/98 9262.83 27788.50 59600
------
TOTAL BORROWINGS 164575
MATURITIES (163100)
------
DAILY TOTAL 1475
367375
8/17/98:
COMM PAP MER LYNCH ROLLOVER 5.700% 5.704% 4 8/21/98 8379.79 33519.16 52925
COMM PAP 1 ST BOST ROLLOVER 5.700% 5.704% 4 8/21/98 2291.87 9167.50 14475
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/18/98 9262.83 9262.83 59600
MONEYPOOL MONEYPOOL NEW MONEY 5.595% 5.595% 1 8/18/98 108.79 108.79 700
------
TOTAL BORROWINGS 127700
MATURITIES (127000)
------
DAILY TOTAL 700
368075
<PAGE>
8/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/19/98 8734.42 8734.42 56200
COMM PAP MER LYNCH ROLLOVER 5.580% 5.581% 1 8/19/98 2288.57 2288.57 14765
COMM PAP MER LYNCH ROLLOVER 5.600% 5.601% 1 8/19/98 763.78 763.78 4910
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.601% 1 8/19/98 7256.67 7256.67 46650
------
TOTAL BORROWINGS 122525
MATURITIES (126625)
------
DAILY TOTAL ( 4100)
363975
8/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/20/98 8353.65 8353.65 53750
COMM PAP MER LYNCH ROLLOVER 5.550% 5.554% 5 8/24/98 8132.29 40661.46 52750
COMM PAP 1 ST BOST ROLLOVER 5.560% 5.564% 5 8/24/98 12764.83 63824.17 82650
------
TOTAL BORROWINGS 189150
MATURITIES (191600)
------
DAILY TOTAL ( 2450)
361525
8/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/21/98 7728.09 7728.09 49725
COMM PAP MER LYNCH ROLLOVER 5.550% 5.554% 5 8/25/98 3854.17 19270.84 25000
COMM PAP MER LYNCH ROLLOVER 5.550% 5.555% 6 8/26/98 4578.75 27472.50 29700
COMM PAP 1 ST BOST ROLLOVER 5.550% 5.556% 7 8/27/98 7750.73 54255.11 50275
------
TOTAL BORROWINGS 154700
MATURITIES (158725)
------
DAILY TOTAL ( 4025)
357500
8/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 3 8/24/98 7017.06 21051.19 45150
COMM PAP MER LYNCH ROLLOVER 5.550% 5.555% 6 8/27/98 4150.94 24905.63 26925
COMM PAP MER LYNCH ROLLOVER 5.550% 5.554% 5 8/26/98 4008.33 20041.67 26000
COMM PAP 1 ST BOST ROLLOVER 5.520% 5.523% 4 8/25/98 2219.50 8878.00 14475
------
TOTAL BORROWINGS 112550
MATURITIES (117125)
------
DAILY TOTAL ( 4575)
352925
8/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/25/98 6216.67 6216.67 40000
COMM PAP MER LYNCH ROLLOVER 5.550% 5.551% 1 8/25/98 7215.00 7215.00 46800
COMM PAP MER LYNCH ROLLOVER 5.560% 5.561% 1 8/25/98 918.94 918.94 5950
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.573% 4 8/28/98 12787.79 51151.17 82650
------
TOTAL BORROWINGS 175400
MATURITIES (180550)
------
DAILY TOTAL ( 5150)
347775
<PAGE>
8/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/26/98 6216.67 6216.67 40000
MONEYPOOL MONEYPOOL NEW MONEY 5.595% 5.595% 1 8/26/98 237.01 237.01 1525
COMM PAP MER LYNCH ROLLOVER 5.570% 5.572% 2 8/27/98 6014.83 12029.65 38875
COMM PAP MER LYNCH ROLLOVER 5.570% 5.573% 3 8/28/98 6014.83 18044.48 38875
COMM PAP 1 ST BOST ROLLOVER 5.550% 5.551% 1 8/26/98 2231.56 2231.56 14475
------
TOTAL BORROWINGS 133750
MATURITIES (132225)
------
DAILY TOTAL 1525
349300
8/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/27/98 5929.15 5929.15 38150
COMM PAP MER LYNCH ROLLOVER 5.610% 5.615% 6 9/ 1/98 7518.96 45113.75 48250
COMM PAP 1 ST BOST ROLLOVER 5.630% 5.635% 6 9/ 1/98 2263.73 13582.38 14475
COMM PAP MER LYNCH ROLLOVER 5.620% 5.625% 6 9/ 1/98 1163.03 6978.17 7450
------
TOTAL BORROWINGS 108325
MATURITIES (111700)
------
DAILY TOTAL ( 3375)
345925
8/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 8/28/98 5035.50 5035.50 32400
COMM PAP MER LYNCH ROLLOVER 5.610% 5.614% 5 9/ 1/98 1680.66 8403.31 10785
COMM PAP 1 ST BOST ROLLOVER 5.610% 5.614% 5 9/ 1/98 7834.52 39172.61 50275
COMM PAP MER LYNCH ROLLOVER 5.620% 5.624% 5 9/ 1/98 8588.45 42942.26 55015
------
TOTAL BORROWINGS 148475
MATURITIES (154225)
------
DAILY TOTAL ( 5750)
340175
8/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 3 8/31/98 4029.18 12087.53 25925
COMM PAP MER LYNCH ROLLOVER 5.600% 5.603% 4 9/ 1/98 6047.22 24188.89 38875
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.603% 4 9/ 1/98 12856.67 51426.67 82650
------
TOTAL BORROWINGS 147450
MATURITIES (153925)
------
DAILY TOTAL ( 6475)
333700
8/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.595% 5.595% 1 9/ 1/98 4029.18 4029.18 25925
MONEYPOOL MONEYPOOL NEW MONEY 5.595% 5.595% 1 9/ 1/98 994.67 994.67 6400
------
TOTAL BORROWINGS 32325
MATURITIES ( 25925)
------
DAILY TOTAL 6400
340100
9/ 1/98:
MATURITIES (340100)
0
<PAGE>
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/98 TO 9/30/98
--------------------
BORROWINGS AT 9/30/98 $ 352
<PAGE>
NEW ENGLAND POWER SERVICE COMPANY
BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 7/ 1/98 4400
7/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 2/98 674.98 674.98 4075
MATURITIES ( 4400)
------
DAILY TOTAL ( 325)
4075
7/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 3/98 674.98 674.98 4075
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/ 3/98 41.41 41.41 250
------
TOTAL BORROWINGS 4325
MATURITIES ( 4075)
------
DAILY TOTAL 250
4325
7/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 7/ 6/98 716.39 2149.16 4325
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 7/ 6/98 95.24 285.73 575
------
TOTAL BORROWINGS 4900
MATURITIES ( 4325)
------
DAILY TOTAL 575
4900
7/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 7/98 227.75 227.75 1375
MATURITIES ( 4900)
------
DAILY TOTAL ( 3525)
1375
7/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 8/98 227.75 227.75 1375
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/ 8/98 62.11 62.11 375
------
TOTAL BORROWINGS 1750
MATURITIES ( 1375)
------
DAILY TOTAL 375
1750
<PAGE>
7/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/ 9/98 289.87 289.87 1750
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/ 9/98 82.82 82.82 500
------
TOTAL BORROWINGS 2250
MATURITIES ( 1750)
------
DAILY TOTAL 500
2250
7/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/10/98 372.69 372.69 2250
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/10/98 153.22 153.22 925
------
TOTAL BORROWINGS 3175
MATURITIES ( 2250)
------
DAILY TOTAL 925
3175
7/10/98:
MATURITIES ( 3175)
0
7/13/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/14/98 53.83 53.83 325
325
7/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/15/98 53.83 53.83 325
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/15/98 236.04 236.04 1425
------
TOTAL BORROWINGS 1750
MATURITIES ( 325)
------
DAILY TOTAL 1425
1750
7/15/98:
MATURITIES ( 1750)
0
7/21/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/22/98 335.42 335.42 2025
2025
7/22/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/23/98 82.82 82.82 500
MATURITIES ( 2025)
------
DAILY TOTAL ( 1525)
500
7/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/24/98 82.82 82.82 500
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/24/98 57.97 57.97 350
------
TOTAL BORROWINGS 850
MATURITIES ( 500)
------
DAILY TOTAL 350
850
<PAGE>
7/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 7/27/98 140.79 422.38 850
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 7/27/98 99.38 298.15 600
------
TOTAL BORROWINGS 1450
MATURITIES ( 850)
------
DAILY TOTAL 600
1450
7/27/98:
MATURITIES ( 1450)
0
7/29/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/30/98 78.68 78.68 475
475
7/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 7/31/98 78.68 78.68 475
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 7/31/98 169.78 169.78 1025
------
TOTAL BORROWINGS 1500
MATURITIES ( 475)
------
DAILY TOTAL 1025
1500
7/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 1/98 248.46 248.46 1500
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/ 1/98 70.40 70.40 425
------
TOTAL BORROWINGS 1925
MATURITIES ( 1500)
------
DAILY TOTAL 425
1925
8/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 2 8/ 3/98 248.46 496.92 1500
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 2 8/ 3/98 70.40 140.79 425
------
TOTAL BORROWINGS 1925
MATURITIES ( 1925)
------
DAILY TOTAL 0
1925
8/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 4/98 318.85 318.85 1925
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/ 4/98 178.06 178.06 1075
------
TOTAL BORROWINGS 3000
MATURITIES ( 1925)
------
DAILY TOTAL 1075
3000
<PAGE>
8/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 5/98 496.92 496.92 3000
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/ 5/98 211.19 211.19 1275
------
TOTAL BORROWINGS 4275
MATURITIES ( 3000)
------
DAILY TOTAL 1275
4275
8/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 6/98 708.11 708.11 4275
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/ 6/98 82.82 82.82 500
------
TOTAL BORROWINGS 4775
MATURITIES ( 4275)
------
DAILY TOTAL 500
4775
8/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/ 7/98 256.74 256.74 1550
MATURITIES ( 4775)
------
DAILY TOTAL ( 3225)
1550
8/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 8/10/98 256.74 770.22 1550
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 8/10/98 202.91 608.72 1225
------
TOTAL BORROWINGS 2775
MATURITIES ( 1550)
------
DAILY TOTAL 1225
2775
8/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/11/98 459.65 459.65 2775
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/11/98 82.82 82.82 500
------
TOTAL BORROWINGS 3275
MATURITIES ( 2775)
------
DAILY TOTAL 500
3275
8/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/12/98 49.69 49.69 300
MATURITIES ( 3275)
------
DAILY TOTAL ( 2975)
300
8/12/98:
MATURITIES ( 300)
0
8/13/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/14/98 49.69 49.69 300
300
<PAGE>
8/14/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 8/17/98 49.69 149.08 300
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 8/17/98 86.96 260.88 525
------
TOTAL BORROWINGS 825
MATURITIES ( 300)
------
DAILY TOTAL 525
825
8/17/98:
MATURITIES ( 825)
0
8/21/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 8/24/98 173.92 521.76 1050
1050
8/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/25/98 173.92 173.92 1050
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/25/98 360.26 360.26 2175
------
TOTAL BORROWINGS 3225
MATURITIES ( 1050)
------
DAILY TOTAL 2175
3225
8/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/26/98 269.16 269.16 1625
MATURITIES ( 3225)
------
DAILY TOTAL ( 1600)
1625
8/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/27/98 269.16 269.16 1625
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/27/98 140.79 140.79 850
------
TOTAL BORROWINGS 2475
MATURITIES ( 1625)
------
DAILY TOTAL 850
2475
8/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 8/28/98 409.96 409.96 2475
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 1 8/28/98 62.11 62.11 375
------
TOTAL BORROWINGS 2850
MATURITIES ( 2475)
------
DAILY TOTAL 375
2850
<PAGE>
8/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 3 8/31/98 472.07 1416.21 2850
MONEYPOOL MONEYPOOL NEW MONEY 5.963% 5.963% 3 8/31/98 426.52 1279.56 2575
------
TOTAL BORROWINGS 5425
MATURITIES ( 2850)
------
DAILY TOTAL 2575
5425
8/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.963% 5.963% 1 9/ 1/98 443.08 443.08 2675
MATURITIES ( 5425)
------
DAILY TOTAL ( 2750)
2675
9/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 2/98 438.03 438.03 2675
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/ 2/98 49.13 49.13 300
------
TOTAL BORROWINGS 2975
MATURITIES ( 2675)
------
DAILY TOTAL 300
2975
9/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 3/98 487.16 487.16 2975
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/ 3/98 12.28 12.28 75
------
TOTAL BORROWINGS 3050
MATURITIES ( 2975)
------
DAILY TOTAL 75
3050
9/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 4/98 499.44 499.44 3050
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/ 4/98 16.37 16.37 100
------
TOTAL BORROWINGS 3150
MATURITIES ( 3050)
------
DAILY TOTAL 100
3150
9/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 4 9/ 8/98 12.28 49.13 75
MATURITIES ( 3150)
------
DAILY TOTAL ( 3075)
75
<PAGE>
9/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/ 9/98 12.28 12.28 75
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/ 9/98 81.87 81.87 500
------
TOTAL BORROWINGS 575
MATURITIES ( 75)
------
DAILY TOTAL 500
575
9/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/10/98 94.16 94.16 575
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/10/98 36.84 36.84 225
------
TOTAL BORROWINGS 800
MATURITIES ( 575)
------
DAILY TOTAL 225
800
9/10/98:
MATURITIES ( 800)
0
9/21/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/22/98 36.84 36.84 225
225
9/22/98:
MATURITIES ( 225)
0
9/24/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/25/98 36.84 36.84 225
225
9/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 3 9/28/98 36.84 110.53 225
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 3 9/28/98 114.63 343.88 700
------
TOTAL BORROWINGS 925
MATURITIES ( 225)
------
DAILY TOTAL 700
925
9/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.895% 5.895% 1 9/29/98 151.47 151.47 925
MONEYPOOL MONEYPOOL NEW MONEY 5.895% 5.895% 1 9/29/98 151.47 151.47 925
------
TOTAL BORROWINGS 1850
MATURITIES ( 925)
------
DAILY TOTAL 925
1850
9/29/98:
MATURITIES ( 1850)
0
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/98 TO 9/30/98
--------------------
BORROWINGS AT 9/30/98 $ 0
<PAGE>
NEW ENGLAND ELECTRIC SYSTEM (TRUST)
BORROWING LOG
TYPE OF INT. RATE # MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 7/ 1/98 398375
7/ 1/98:
COMM PAP 1 ST BOST NEW MONEY 5.720% 5.726% 7 7/ 8/98 2613.72 18296.06 16450
414825
7/ 2/98:
COMM PAP 1 ST BOST NEW MONEY 5.670% 5.674% 4 7/ 6/98 1850.63 7402.50 11750
426575
7/ 6/98:
MATURITIES ( 11750)
414825
7/ 8/98:
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.588% 9 7/17/98 1867.75 16809.75 12050
MATURITIES ( 16450)
------
DAILY TOTAL ( 4400)
410425
7/ 9/98:
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.590% 11 7/20/98 871.88 9590.63 5625
MATURITIES ( 7575)
------
DAILY TOTAL ( 1950)
408475
7/13/98:
COMM PAP MER LYNCH ROLLOVER 5.570% 5.588% 21 8/ 3/98 1512.41 31760.61 9775
MATURITIES ( 16650)
------
DAILY TOTAL ( 6875)
401600
7/14/98:
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.602% 2 7/16/98 945.00 1890.00 6075
MATURITIES ( 10000)
------
DAILY TOTAL ( 3925)
397675
7/15/98:
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.606% 7 7/22/98 2341.11 16387.78 15050
MATURITIES ( 17150)
------
DAILY TOTAL ( 2100)
395575
7/16/98:
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.597% 8 7/24/98 784.15 6273.22 5050
MATURITIES ( 6075)
------
DAILY TOTAL ( 1025)
394550
<PAGE>
7/17/98:
COMM PAP MER LYNCH ROLLOVER 5.550% 5.553% 4 7/21/98 1522.40 6089.58 9875
COMM PAP 1 ST BOST ROLLOVER 5.500% 5.503% 3 7/20/98 1840.97 5522.92 12050
------
TOTAL BORROWINGS 21925
MATURITIES ( 24250)
------
DAILY TOTAL ( 2325)
392225
7/20/98:
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.613% 15 8/ 4/98 2749.44 41241.66 17675
COMM PAP 1 ST BOST NEW MONEY 5.600% 5.613% 15 8/ 4/98 661.11 9916.67 4250
------
TOTAL BORROWINGS 21925
MATURITIES ( 17675)
------
DAILY TOTAL 4250
396475
7/21/98:
COMM PAP MER LYNCH ROLLOVER 5.580% 5.593% 15 8/ 5/98 2305.62 34584.38 14875
COMM PAP MER LYNCH NEW MONEY 5.580% 5.593% 15 8/ 5/98 666.50 9997.50 4300
------
TOTAL BORROWINGS 19175
MATURITIES ( 14875)
------
DAILY TOTAL 4300
400775
7/22/98:
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.603% 15 8/ 6/98 2336.93 35053.96 15050
COMM PAP 1 ST BOST NEW MONEY 5.590% 5.603% 15 8/ 6/98 279.50 4192.50 1800
------
TOTAL BORROWINGS 16850
MATURITIES ( 15050)
------
DAILY TOTAL 1800
402575
7/23/98:
COMM PAP MER LYNCH ROLLOVER 5.590% 5.603% 15 8/ 7/98 1319.86 19797.92 8500
MATURITIES ( 8500)
------
DAILY TOTAL 0
402575
7/24/98:
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.615% 17 8/10/98 785.56 13354.44 5050
COMM PAP 1 ST BOST NEW MONEY 5.600% 5.615% 17 8/10/98 2582.22 43897.77 16600
------
TOTAL BORROWINGS 21650
MATURITIES ( 5050)
------
DAILY TOTAL 16600
419175
<PAGE>
7/27/98:
COMM PAP 1 ST BOST ROLLOVER 5.650% 5.656% 7 8/ 3/98 4982.99 34880.91 31750
MATURITIES ( 35100)
------
DAILY TOTAL ( 3350)
415825
7/28/98:
COMM PAP MER LYNCH ROLLOVER 5.610% 5.622% 14 8/11/98 14508.08 203113.18 93100
COMM PAP 1 ST BOST ROLLOVER 5.610% 5.622% 14 8/11/98 15271.67 213803.32 98000
------
TOTAL BORROWINGS 191100
MATURITIES (196000)
------
DAILY TOTAL ( 4900)
410925
7/29/98:
COMM PAP MER LYNCH ROLLOVER 5.660% 5.672% 14 8/12/98 4956.43 69390.03 31525
MATURITIES ( 35300)
------
DAILY TOTAL ( 3775)
407150
7/30/98:
COMM PAP 1 ST BOST ROLLOVER 5.650% 5.662% 14 8/13/98 2511.11 35155.56 16000
MATURITIES ( 16000)
------
DAILY TOTAL 0
407150
7/31/98:
COMM PAP MER LYNCH ROLLOVER 5.660% 5.672% 13 8/13/98 2971.50 38629.50 18900
COMM PAP MER LYNCH NEW MONEY 5.700% 5.704% 4 8/ 4/98 1021.25 4085.00 6450
COMM PAP 1 ST BOST ROLLOVER 5.670% 5.676% 7 8/ 7/98 3150.00 22050.00 20000
COMM PAP 1 ST BOST NEW MONEY 5.700% 5.704% 4 8/ 4/98 1021.25 4085.00 6450
------
TOTAL BORROWINGS 51800
MATURITIES ( 38900)
------
DAILY TOTAL 12900
420050
8/ 3/98:
COMM PAP MER LYNCH ROLLOVER 5.600% 5.610% 11 8/14/98 1520.56 16726.11 9775
COMM PAP MER LYNCH NEW MONEY 5.600% 5.610% 11 8/14/98 1944.44 21388.89 12500
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.610% 11 8/14/98 4938.89 54327.77 31750
------
TOTAL BORROWINGS 54025
MATURITIES ( 41525)
------
DAILY TOTAL 12500
432550
<PAGE>
8/ 4/98:
COMM PAP MER LYNCH ROLLOVER 5.590% 5.596% 7 8/11/98 1001.54 7010.79 6450
COMM PAP MER LYNCH NEW MONEY 5.590% 5.596% 7 8/11/98 624.99 4374.95 4025
COMM PAP 1 ST BOST ROLLOVER 5.590% 5.597% 8 8/12/98 4406.01 35248.05 28375
------
TOTAL BORROWINGS 38850
MATURITIES ( 34825)
------
DAILY TOTAL 4025
436575
8/ 5/98:
COMM PAP MER LYNCH ROLLOVER 5.550% 5.557% 8 8/13/98 2956.15 23649.17 19175
COMM PAP MER LYNCH NEW MONEY 5.550% 5.557% 8 8/13/98 416.25 3330.00 2700
------
TOTAL BORROWINGS 21875
MATURITIES ( 19175)
------
DAILY TOTAL 2700
439275
8/ 6/98:
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.586% 7 8/13/98 2452.87 17170.13 15825
MATURITIES ( 16850)
------
DAILY TOTAL ( 1025)
438250
8/ 7/98:
COMM PAP MER LYNCH ROLLOVER 5.560% 5.566% 7 8/14/98 1312.78 9189.44 8500
COMM PAP 1 ST BOST ROLLOVER 5.560% 5.566% 7 8/14/98 3088.89 21622.22 20000
------
TOTAL BORROWINGS 28500
MATURITIES ( 28500)
------
DAILY TOTAL 0
438250
8/10/98:
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.576% 7 8/17/98 3349.74 23448.15 21650
COMM PAP 1 ST BOST NEW MONEY 5.570% 5.576% 7 8/17/98 1044.38 7310.63 6750
------
TOTAL BORROWINGS 28400
MATURITIES ( 21650)
------
DAILY TOTAL 6750
445000
8/11/98:
COMM PAP MER LYNCH ROLLOVER 5.580% 5.585% 6 8/17/98 9300.00 55800.00 60000
COMM PAP MER LYNCH NEW MONEY 5.600% 5.606% 7 8/18/98 614.44 4301.11 3950
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.576% 7 8/18/98 15162.78 106139.45 98000
COMM PAP MER LYNCH ROLLOVER 5.600% 5.605% 6 8/17/98 6778.33 40670.00 43575
------
TOTAL BORROWINGS 205525
MATURITIES (201575)
------
DAILY TOTAL 3950
448950
<PAGE>
8/12/98:
COMM PAP MER LYNCH ROLLOVER 5.570% 5.576% 7 8/19/98 4877.62 34143.33 31525
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.586% 7 8/19/98 4398.13 30786.88 28375
COMM PAP 1 ST BOST NEW MONEY 5.580% 5.585% 6 8/18/98 1119.88 6719.25 7225
------
TOTAL BORROWINGS 67125
MATURITIES ( 59900)
------
DAILY TOTAL 7225
456175
8/13/98:
MATURITIES ( 72600)
383575
8/14/98:
COMM PAP MER LYNCH ROLLOVER 5.600% 5.605% 6 8/20/98 3220.00 19320.00 20700
COMM PAP 1 ST BOST ROLLOVER 5.580% 5.585% 6 8/20/98 6161.25 36967.50 39750
------
TOTAL BORROWINGS 60450
MATURITIES ( 82525)
------
DAILY TOTAL ( 22075)
361500
8/17/98:
COMM PAP MER LYNCH ROLLOVER 5.700% 5.704% 4 8/21/98 16399.37 65597.50 103575
COMM PAP MER LYNCH NEW MONEY 5.880% 5.881% 1 8/18/98 996.33 996.33 6100
COMM PAP 1 ST BOST ROLLOVER 5.700% 5.704% 4 8/21/98 4496.67 17986.67 28400
------
TOTAL BORROWINGS 138075
MATURITIES (131975)
------
DAILY TOTAL 6100
367600
8/18/98:
COMM PAP MER LYNCH ROLLOVER 5.580% 5.581% 1 8/19/98 1321.38 1321.38 8525
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.601% 1 8/19/98 16368.33 16368.33 105225
------
TOTAL BORROWINGS 113750
MATURITIES (115275)
------
DAILY TOTAL ( 1525)
366075
8/19/98:
COMM PAP MER LYNCH ROLLOVER 5.550% 5.554% 5 8/24/98 6174.38 30871.88 40050
COMM PAP 1 ST BOST ROLLOVER 5.560% 5.564% 5 8/24/98 20633.78 103168.90 133600
COMM PAP MER LYNCH NEW MONEY 5.550% 5.554% 5 8/24/98 1379.79 6898.96 8950
------
TOTAL BORROWINGS 182600
MATURITIES (173650)
------
DAILY TOTAL 8950
375025
<PAGE>
8/20/98:
COMM PAP MER LYNCH ROLLOVER 5.550% 5.554% 5 8/25/98 3191.25 15956.25 20700
COMM PAP 1 ST BOST ROLLOVER 5.550% 5.555% 6 8/26/98 5488.33 32930.00 35600
------
TOTAL BORROWINGS 56300
MATURITIES ( 60450)
------
DAILY TOTAL ( 4150)
370875
8/21/98:
COMM PAP MER LYNCH ROLLOVER 5.550% 5.555% 6 8/27/98 7951.15 47706.88 51575
COMM PAP MER LYNCH NEW MONEY 5.500% 5.503% 3 8/24/98 1611.81 4835.42 10550
COMM PAP MER LYNCH ROLLOVER 5.550% 5.556% 7 8/28/98 8016.67 56116.67 52000
COMM PAP 1 ST BOST ROLLOVER 5.520% 5.523% 4 8/25/98 4354.67 17418.67 28400
------
TOTAL BORROWINGS 142525
MATURITIES (131975)
------
DAILY TOTAL 10550
381425
8/24/98:
COMM PAP MER LYNCH ROLLOVER 5.560% 5.562% 2 8/26/98 9027.28 18054.56 58450
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.573% 3 8/27/98 10335.44 31006.34 66800
COMM PAP 1 ST BOST ROLLOVER 5.570% 5.573% 4 8/28/98 10335.44 41341.78 66800
------
TOTAL BORROWINGS 192050
MATURITIES (193150)
------
DAILY TOTAL ( 1100)
380325
8/25/98:
COMM PAP MER LYNCH ROLLOVER 5.570% 5.573% 3 8/28/98 3202.75 9608.25 20700
COMM PAP 1 ST BOST ROLLOVER 5.620% 5.622% 2 8/27/98 4433.56 8867.11 28400
COMM PAP 1 ST BOST NEW MONEY 5.620% 5.622% 2 8/27/98 152.21 304.42 975
------
TOTAL BORROWINGS 50075
MATURITIES ( 49100)
------
DAILY TOTAL 975
381300
8/26/98:
COMM PAP MER LYNCH ROLLOVER 5.620% 5.625% 6 9/ 1/98 9124.69 54748.16 58450
COMM PAP 1 ST BOST ROLLOVER 5.630% 5.635% 6 9/ 1/98 5567.44 33404.67 35600
COMM PAP 1 ST BOST NEW MONEY 5.630% 5.635% 6 9/ 1/98 2001.78 12010.67 12800
------
TOTAL BORROWINGS 106850
MATURITIES ( 94050)
------
DAILY TOTAL 12800
394100
<PAGE>
8/27/98:
COMM PAP MER LYNCH ROLLOVER 5.610% 5.614% 5 9/ 1/98 6934.58 34672.92 44500
COMM PAP 1 ST BOST ROLLOVER 5.610% 5.614% 5 9/ 1/98 14987.27 74936.36 96175
------
TOTAL BORROWINGS 140675
MATURITIES (147750)
------
DAILY TOTAL ( 7075)
387025
8/28/98:
COMM PAP MER LYNCH ROLLOVER 5.600% 5.603% 4 9/ 1/98 11308.89 45235.56 72700
COMM PAP 1 ST BOST ROLLOVER 5.600% 5.603% 4 9/ 1/98 10002.22 40008.89 64300
------
TOTAL BORROWINGS 137000
MATURITIES (139500)
------
DAILY TOTAL ( 2500)
384525
8/31/98:
COMM PAP MER LYNCH NEW MONEY 5.900% 5.901% 1 9/ 1/98 643.26 643.26 3925
388450
9/ 1/98:
MATURITIES (388450)
0
9/ 8/98:
COMM PAP MER LYNCH NEW MONEY 5.670% 5.671% 1 9/ 9/98 220.50 220.50 1400
1400
9/ 9/98:
COMM PAP MER LYNCH ROLLOVER 5.800% 5.801% 1 9/10/98 225.56 225.56 1400
COMM PAP MER LYNCH NEW MONEY 5.800% 5.801% 1 9/10/98 145.00 145.00 900
------
TOTAL BORROWINGS 2300
MATURITIES ( 1400)
------
DAILY TOTAL 900
2300
9/10/98:
COMM PAP MER LYNCH ROLLOVER 5.650% 5.651% 1 9/11/98 360.97 360.97 2300
COMM PAP MER LYNCH NEW MONEY 5.650% 5.651% 1 9/11/98 223.65 223.65 1425
------
TOTAL BORROWINGS 3725
MATURITIES ( 2300)
------
DAILY TOTAL 1425
3725
9/11/98:
COMM PAP MER LYNCH ROLLOVER 5.530% 5.533% 3 9/14/98 572.20 1716.60 3725
COMM PAP MER LYNCH NEW MONEY 5.530% 5.533% 3 9/14/98 230.42 691.25 1500
------
TOTAL BORROWINGS 5225
MATURITIES ( 3725)
------
DAILY TOTAL 1500
5225
<PAGE>
9/14/98:
COMM PAP MER LYNCH ROLLOVER 5.720% 5.721% 1 9/15/98 830.19 830.19 5225
COMM PAP MER LYNCH NEW MONEY 5.720% 5.721% 1 9/15/98 198.61 198.61 1250
------
TOTAL BORROWINGS 6475
MATURITIES ( 5225)
------
DAILY TOTAL 1250
6475
9/15/98:
COMM PAP MER LYNCH ROLLOVER 5.950% 5.951% 1 9/16/98 1070.17 1070.17 6475
COMM PAP MER LYNCH NEW MONEY 5.950% 5.951% 1 9/16/98 2338.68 2338.68 14150
------
TOTAL BORROWINGS 20625
MATURITIES ( 6475)
------
DAILY TOTAL 14150
20625
9/16/98:
COMM PAP MER LYNCH ROLLOVER 5.590% 5.591% 1 9/17/98 3202.60 3202.60 20625
COMM PAP MER LYNCH NEW MONEY 5.590% 5.591% 1 9/17/98 683.22 683.22 4400
------
TOTAL BORROWINGS 25025
MATURITIES ( 20625)
------
DAILY TOTAL 4400
25025
9/17/98:
MATURITIES ( 25025)
0
9/22/98:
COMM PAP 1 ST BOST NEW MONEY 5.500% 5.501% 1 9/23/98 152.78 152.78 1000
1000
9/23/98:
MATURITIES ( 1000)
0
TEMPORARY BORROWING STATISTICS
------------------------------
7/ 1/98 TO 9/30/98
--------------------
BORROWINGS AT 9/30/98 $ 192
</TABLE>
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