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Previous: NEW BRUNSWICK SCIENTIFIC CO INC, SC 13G, 1999-02-11 |
Next: NEW MEXICO & ARIZONA LAND CO, SC 13G, 1999-02-11 |
<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)
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 December 31, 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
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: February 11, 1999
The name "New England Electric System" means the trustee or trustees for the
time being (as trustee or trustees but not personally) under an agreement and
declaration of trust dated January 2, 1926, as amended, which is hereby
referred to, and a copy of which as amended has been filed with the Secretary
of the Commonwealth of Massachusetts. Any agreement, obligation or liability
made, entered into or incurred by or on behalf of New England Electric System
binds only its trust estate, and no shareholder, director, trustee, officer or
agent thereof assumes or shall be held to any liability therefor.
<PAGE>
EXHIBIT INDEX
Exhibit No. Description Page
- ----------- ----------- ----
A-1 Borrowing Logs Filed
herewith
<PAGE>
<TABLE>
<CAPTION>
GRANITE STATE 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
---- ---------- ----------- ----------- ------------ ---- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 10/ 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 @ 10/ 1/98 52950
10/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 2/98 7588.03 7588.03 52950
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 1 10/ 2/98 225.71 225.71 1575
------
TOTAL BORROWINGS 54525
MATURITIES ( 52950)
------
DAILY TOTAL 1575
54525
10/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 3 10/ 5/98 7401.73 22205.20 51650
MATURITIES ( 54525)
------
DAILY TOTAL ( 2875)
51650
10/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 6/98 7401.73 7401.73 51650
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 1 10/ 6/98 476.49 476.49 3325
------
TOTAL BORROWINGS 54975
MATURITIES ( 51650)
------
DAILY TOTAL 3325
54975
10/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 7/98 7512.79 7512.79 52425
MATURITIES ( 54975)
------
DAILY TOTAL ( 2550)
52425
10/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 8/98 7459.05 7459.05 52050
MATURITIES ( 52425)
------
DAILY TOTAL ( 375)
52050
10/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 9/98 6703.12 6703.12 46775
MATURITIES ( 52050)
------
DAILY TOTAL ( 5275)
46775
<PAGE>
10/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 4 10/13/98 6703.12 26812.47 46775
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 4 10/13/98 136.14 544.56 950
------
TOTAL BORROWINGS 47725
MATURITIES ( 46775)
------
DAILY TOTAL 950
47725
10/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/14/98 6839.26 6839.26 47725
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 1 10/14/98 404.84 404.84 2825
------
TOTAL BORROWINGS 50550
MATURITIES ( 47725)
------
DAILY TOTAL 2825
50550
10/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/15/98 6599.22 6599.22 46050
MATURITIES ( 50550)
------
DAILY TOTAL ( 4500)
46050
10/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/16/98 6599.22 6599.22 46050
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 1 10/16/98 189.88 189.88 1325
------
TOTAL BORROWINGS 47375
MATURITIES ( 46050)
------
DAILY TOTAL 1325
47375
10/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 3 10/19/98 6789.10 20367.30 47375
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 3 10/19/98 103.90 311.69 725
------
TOTAL BORROWINGS 48100
MATURITIES ( 47375)
------
DAILY TOTAL 725
48100
10/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/20/98 6832.09 6832.09 47675
MATURITIES ( 48100)
------
DAILY TOTAL ( 425)
47675
10/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/21/98 6824.93 6824.93 47625
MATURITIES ( 47675)
------
DAILY TOTAL ( 50)
47625
<PAGE>
10/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/22/98 6824.93 6824.93 47625
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 1 10/22/98 340.35 340.35 2375
------
TOTAL BORROWINGS 50000
MATURITIES ( 47625)
------
DAILY TOTAL 2375
50000
10/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/23/98 7111.54 7111.54 49625
MATURITIES ( 50000)
------
DAILY TOTAL ( 375)
49625
10/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 3 10/26/98 7111.54 21334.62 49625
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 3 10/26/98 680.70 2042.10 4750
------
TOTAL BORROWINGS 54375
MATURITIES ( 49625)
------
DAILY TOTAL 4750
54375
10/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/27/98 7792.24 7792.24 54375
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 1 10/27/98 616.21 616.21 4300
------
TOTAL BORROWINGS 58675
MATURITIES ( 54375)
------
DAILY TOTAL 4300
58675
10/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/28/98 8078.85 8078.85 56375
MATURITIES ( 58675)
------
DAILY TOTAL ( 2300)
56375
10/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/29/98 7831.65 7831.65 54650
MATURITIES ( 56375)
------
DAILY TOTAL ( 1725)
54650
10/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/30/98 7262.01 7262.01 50675
MATURITIES ( 54650)
------
DAILY TOTAL ( 3975)
50675
<PAGE>
10/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 2 11/ 1/98 7262.01 14524.02 50675
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 2 11/ 1/98 573.22 1146.44 4000
------
TOTAL BORROWINGS 54675
MATURITIES ( 50675)
------
DAILY TOTAL 4000
54675
11/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 2/98 7117.02 7117.02 50675
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/ 2/98 561.78 561.78 4000
------
TOTAL BORROWINGS 54675
MATURITIES ( 54675)
------
DAILY TOTAL 0
54675
11/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 3/98 7678.80 7678.80 54675
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/ 3/98 1639.69 1639.69 11675
------
TOTAL BORROWINGS 66350
MATURITIES ( 54675)
------
DAILY TOTAL 11675
66350
11/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 4/98 9234.22 9234.22 65750
MATURITIES ( 66350)
------
DAILY TOTAL ( 600)
65750
11/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 5/98 9234.22 9234.22 65750
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/ 5/98 210.67 210.67 1500
------
TOTAL BORROWINGS 67250
MATURITIES ( 65750)
------
DAILY TOTAL 1500
67250
11/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 6/98 9444.89 9444.89 67250
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/ 6/98 203.64 203.64 1450
------
TOTAL BORROWINGS 68700
MATURITIES ( 67250)
------
DAILY TOTAL 1450
68700
11/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 3 11/ 9/98 9623.96 28871.87 68525
MATURITIES ( 68700)
------
DAILY TOTAL ( 175)
68525
<PAGE>
11/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/10/98 9623.96 9623.96 68525
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/10/98 568.80 568.80 4050
------
TOTAL BORROWINGS 72575
MATURITIES ( 68525)
------
DAILY TOTAL 4050
72575
11/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/11/98 10171.69 10171.69 72425
MATURITIES ( 72575)
------
DAILY TOTAL ( 150)
72425
11/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/12/98 10171.69 10171.69 72425
MATURITIES ( 72425)
------
DAILY TOTAL 0
72425
11/12/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/13/98 10171.69 10171.69 72425
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/13/98 393.24 393.24 2800
------
TOTAL BORROWINGS 75225
MATURITIES ( 72425)
------
DAILY TOTAL 2800
75225
11/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 3 11/16/98 10564.93 31694.80 75225
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 3 11/16/98 438.89 1316.67 3125
------
TOTAL BORROWINGS 78350
MATURITIES ( 75225)
------
DAILY TOTAL 3125
78350
11/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/17/98 11003.82 11003.82 78350
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/17/98 193.11 193.11 1375
------
TOTAL BORROWINGS 79725
MATURITIES ( 78350)
------
DAILY TOTAL 1375
79725
11/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/18/98 10270.00 10270.00 73125
MATURITIES ( 79725)
------
DAILY TOTAL ( 6600)
73125
<PAGE>
11/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/19/98 10270.00 10270.00 73125
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/19/98 59.69 59.69 425
------
TOTAL BORROWINGS 73550
MATURITIES ( 73125)
------
DAILY TOTAL 425
73550
11/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/20/98 9894.31 9894.31 70450
MATURITIES ( 73550)
------
DAILY TOTAL ( 3100)
70450
11/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 3 11/23/98 9704.71 29114.13 69100
MATURITIES ( 70450)
------
DAILY TOTAL ( 1350)
69100
11/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/24/98 6077.73 6077.73 43275
MATURITIES ( 69100)
------
DAILY TOTAL ( 25825)
43275
11/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/25/98 5870.58 5870.58 41800
MATURITIES ( 43275)
------
DAILY TOTAL ( 1475)
41800
11/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 2 11/27/98 5870.58 11741.16 41800
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 2 11/27/98 312.49 624.98 2225
------
TOTAL BORROWINGS 44025
MATURITIES ( 41800)
------
DAILY TOTAL 2225
44025
11/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 3 11/30/98 5688.00 17064.00 40500
MATURITIES ( 44025)
------
DAILY TOTAL ( 3525)
40500
11/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 12/ 1/98 5688.00 5688.00 40500
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 12/ 1/98 586.36 586.36 4175
------
TOTAL BORROWINGS 44675
MATURITIES ( 40500)
------
DAILY TOTAL 4175
44675
<PAGE>
12/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 2/98 6672.71 6672.71 44675
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/ 2/98 48.54 48.54 325
------
TOTAL BORROWINGS 45000
MATURITIES ( 44675)
------
DAILY TOTAL 325
45000
12/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 3/98 6721.25 6721.25 45000
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/ 3/98 328.59 328.59 2200
------
TOTAL BORROWINGS 47200
MATURITIES ( 45000)
------
DAILY TOTAL 2200
47200
12/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 4/98 7049.84 7049.84 47200
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/ 4/98 26.14 26.14 175
------
TOTAL BORROWINGS 47375
MATURITIES ( 47200)
------
DAILY TOTAL 175
47375
12/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 3 12/ 7/98 6848.21 20544.62 45850
MATURITIES ( 47375)
------
DAILY TOTAL ( 1525)
45850
12/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 8/98 6848.21 6848.21 45850
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/ 8/98 115.75 115.75 775
------
TOTAL BORROWINGS 46625
MATURITIES ( 45850)
------
DAILY TOTAL 775
46625
12/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 9/98 6963.96 6963.96 46625
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/ 9/98 100.82 100.82 675
------
TOTAL BORROWINGS 47300
MATURITIES ( 46625)
------
DAILY TOTAL 675
47300
12/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/10/98 6982.63 6982.63 46750
MATURITIES ( 47300)
------
DAILY TOTAL ( 550)
46750
<PAGE>
12/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/11/98 6780.99 6780.99 45400
MATURITIES ( 46750)
------
DAILY TOTAL ( 1350)
45400
12/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 3 12/14/98 6780.99 20342.98 45400
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 3 12/14/98 250.18 750.54 1675
------
TOTAL BORROWINGS 47075
MATURITIES ( 45400)
------
DAILY TOTAL 1675
47075
12/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/15/98 6941.56 6941.56 46475
MATURITIES ( 47075)
------
DAILY TOTAL ( 600)
46475
12/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/16/98 6941.56 6941.56 46475
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/16/98 1426.40 1426.40 9550
------
TOTAL BORROWINGS 56025
MATURITIES ( 46475)
------
DAILY TOTAL 9550
56025
12/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/17/98 8367.96 8367.96 56025
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/17/98 197.90 197.90 1325
------
TOTAL BORROWINGS 57350
MATURITIES ( 56025)
------
DAILY TOTAL 1325
57350
12/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/18/98 8397.83 8397.83 56225
MATURITIES ( 57350)
------
DAILY TOTAL ( 1125)
56225
12/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 3 12/21/98 8207.39 24622.18 54950
MATURITIES ( 56225)
------
DAILY TOTAL ( 1275)
54950
<PAGE>
12/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/22/98 8207.39 8207.39 54950
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/22/98 231.51 231.51 1550
------
TOTAL BORROWINGS 56500
MATURITIES ( 54950)
------
DAILY TOTAL 1550
56500
12/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/23/98 7639.82 7639.82 51150
MATURITIES ( 56500)
------
DAILY TOTAL ( 5350)
51150
12/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/24/98 7404.58 7404.58 49575
MATURITIES ( 51150)
------
DAILY TOTAL ( 1575)
49575
12/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 4 12/28/98 7404.58 29618.31 49575
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 4 12/28/98 608.65 2434.59 4075
------
TOTAL BORROWINGS 53650
MATURITIES ( 49575)
------
DAILY TOTAL 4075
53650
12/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/29/98 8013.22 8013.22 53650
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/29/98 3300.88 3300.88 22100
------
TOTAL BORROWINGS 75750
MATURITIES ( 53650)
------
DAILY TOTAL 22100
75750
12/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/30/98 11056.46 11056.46 74025
MATURITIES ( 75750)
------
DAILY TOTAL ( 1725)
74025
12/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/31/98 11056.46 11056.46 74025
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/31/98 1060.46 1060.46 7100
------
TOTAL BORROWINGS 81125
MATURITIES ( 74025)
------
DAILY TOTAL 7100
81125
<PAGE>
12/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 1/ 1/99 12057.18 12057.18 80725
MATURITIES ( 81125)
------
DAILY TOTAL ( 400)
80725
TEMPORARY BORROWING STATISTICS
------------------------------
10/ 1/98 TO 12/31/98
--------------------
BORROWINGS AT 12/31/98 $ 80725000
<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 @ 10/ 1/98 2200
10/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 2/98 340.51 340.51 2200
MATURITIES ( 2200)
------
DAILY TOTAL 0
2200
10/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 3 10/ 5/98 328.90 986.71 2125
MATURITIES ( 2200)
------
DAILY TOTAL ( 75)
2125
10/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 6/98 328.90 328.90 2125
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 1 10/ 6/98 15.48 15.48 100
------
TOTAL BORROWINGS 2225
MATURITIES ( 2125)
------
DAILY TOTAL 100
2225
10/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 7/98 328.90 328.90 2125
MATURITIES ( 2225)
------
DAILY TOTAL ( 100)
2125
10/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 8/98 328.90 328.90 2125
MATURITIES ( 2125)
------
DAILY TOTAL 0
2125
10/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 9/98 321.16 321.16 2075
MATURITIES ( 2125)
------
DAILY TOTAL ( 50)
2075
<PAGE>
10/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 4 10/13/98 321.16 1284.66 2075
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 4 10/13/98 19.35 77.39 125
------
TOTAL BORROWINGS 2200
MATURITIES ( 2075)
------
DAILY TOTAL 125
2200
10/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/14/98 340.51 340.51 2200
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 1 10/14/98 3.87 3.87 25
------
TOTAL BORROWINGS 2225
MATURITIES ( 2200)
------
DAILY TOTAL 25
2225
10/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/15/98 336.64 336.64 2175
MATURITIES ( 2225)
------
DAILY TOTAL ( 50)
2175
10/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/16/98 336.64 336.64 2175
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 1 10/16/98 3.87 3.87 25
------
TOTAL BORROWINGS 2200
MATURITIES ( 2175)
------
DAILY TOTAL 25
2200
10/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 3 10/19/98 340.51 1021.53 2200
MATURITIES ( 2200)
------
DAILY TOTAL 0
2200
10/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/20/98 340.51 340.51 2200
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 1 10/20/98 11.61 11.61 75
------
TOTAL BORROWINGS 2275
MATURITIES ( 2200)
------
DAILY TOTAL 75
2275
10/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/21/98 348.25 348.25 2250
MATURITIES ( 2275)
------
DAILY TOTAL ( 25)
2250
<PAGE>
10/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/22/98 348.25 348.25 2250
MATURITIES ( 2250)
------
DAILY TOTAL 0
2250
10/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/23/98 348.25 348.25 2250
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 1 10/23/98 7.74 7.74 50
------
TOTAL BORROWINGS 2300
MATURITIES ( 2250)
------
DAILY TOTAL 50
2300
10/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 3 10/26/98 305.69 917.06 1975
MATURITIES ( 2300)
------
DAILY TOTAL ( 325)
1975
10/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/27/98 305.69 305.69 1975
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 1 10/27/98 54.17 54.17 350
------
TOTAL BORROWINGS 2325
MATURITIES ( 1975)
------
DAILY TOTAL 350
2325
10/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/28/98 352.12 352.12 2275
MATURITIES ( 2325)
------
DAILY TOTAL ( 50)
2275
10/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/29/98 348.25 348.25 2250
MATURITIES ( 2275)
------
DAILY TOTAL ( 25)
2250
10/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/30/98 340.51 340.51 2200
MATURITIES ( 2250)
------
DAILY TOTAL ( 50)
2200
10/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 2 11/ 1/98 340.51 681.02 2200
MATURITIES ( 2200)
------
DAILY TOTAL 0
2200
<PAGE>
11/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 2/98 333.67 333.67 2200
MATURITIES ( 2200)
------
DAILY TOTAL 0
2200
11/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 3/98 333.67 333.67 2200
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/ 3/98 3.79 3.79 25
------
TOTAL BORROWINGS 2225
MATURITIES ( 2200)
------
DAILY TOTAL 25
2225
11/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 4/98 333.67 333.67 2200
MATURITIES ( 2225)
------
DAILY TOTAL ( 25)
2200
11/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 5/98 333.67 333.67 2200
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/ 5/98 30.33 30.33 200
------
TOTAL BORROWINGS 2400
MATURITIES ( 2200)
------
DAILY TOTAL 200
2400
11/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 6/98 364.00 364.00 2400
MATURITIES ( 2400)
------
DAILY TOTAL 0
2400
11/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/ 9/98 360.21 1080.63 2375
MATURITIES ( 2400)
------
DAILY TOTAL ( 25)
2375
11/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/10/98 360.21 360.21 2375
MATURITIES ( 2375)
------
DAILY TOTAL 0
2375
11/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/11/98 356.42 356.42 2350
MATURITIES ( 2375)
------
DAILY TOTAL ( 25)
2350
<PAGE>
11/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/12/98 356.42 356.42 2350
MATURITIES ( 2350)
------
DAILY TOTAL 0
2350
11/12/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/13/98 356.42 356.42 2350
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/13/98 18.96 18.96 125
------
TOTAL BORROWINGS 2475
MATURITIES ( 2350)
------
DAILY TOTAL 125
2475
11/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/16/98 371.58 1114.75 2450
MATURITIES ( 2475)
------
DAILY TOTAL ( 25)
2450
11/16/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/17/98 3.79 3.79 25
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/17/98 371.58 371.58 2450
------
TOTAL BORROWINGS 2475
MATURITIES ( 2450)
------
DAILY TOTAL 25
2475
11/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/18/98 375.38 375.38 2475
MATURITIES ( 2475)
------
DAILY TOTAL 0
2475
11/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/19/98 364.00 364.00 2400
MATURITIES ( 2475)
------
DAILY TOTAL ( 75)
2400
11/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/20/98 356.42 356.42 2350
MATURITIES ( 2400)
------
DAILY TOTAL ( 50)
2350
11/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/23/98 356.42 1069.25 2350
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 3 11/23/98 11.38 34.13 75
------
TOTAL BORROWINGS 2425
MATURITIES ( 2350)
------
DAILY TOTAL 75
2425
<PAGE>
11/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/24/98 367.79 367.79 2425
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/24/98 18.96 18.96 125
------
TOTAL BORROWINGS 2550
MATURITIES ( 2425)
------
DAILY TOTAL 125
2550
11/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/25/98 386.75 386.75 2550
MATURITIES ( 2550)
------
DAILY TOTAL 0
2550
11/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 2 11/27/98 375.38 750.75 2475
MATURITIES ( 2550)
------
DAILY TOTAL ( 75)
2475
11/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/30/98 375.38 1126.13 2475
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 3 11/30/98 3.79 11.38 25
------
TOTAL BORROWINGS 2500
MATURITIES ( 2475)
------
DAILY TOTAL 25
2500
11/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 12/ 1/98 379.17 379.17 2500
MATURITIES ( 2500)
------
DAILY TOTAL 0
2500
12/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 2/98 399.23 399.23 2475
MATURITIES ( 2500)
------
DAILY TOTAL ( 25)
2475
12/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 3/98 399.23 399.23 2475
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/ 3/98 12.10 12.10 75
------
TOTAL BORROWINGS 2550
MATURITIES ( 2475)
------
DAILY TOTAL 75
2550
<PAGE>
12/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 4/98 411.33 411.33 2550
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/ 4/98 12.10 12.10 75
------
TOTAL BORROWINGS 2625
MATURITIES ( 2550)
------
DAILY TOTAL 75
2625
12/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 3 12/ 7/98 423.43 1270.28 2625
MATURITIES ( 2625)
------
DAILY TOTAL 0
2625
12/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 8/98 423.43 423.43 2625
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/ 8/98 4.03 4.03 25
------
TOTAL BORROWINGS 2650
MATURITIES ( 2625)
------
DAILY TOTAL 25
2650
12/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 9/98 427.46 427.46 2650
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/ 9/98 16.13 16.13 100
------
TOTAL BORROWINGS 2750
MATURITIES ( 2650)
------
DAILY TOTAL 100
2750
12/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/10/98 427.46 427.46 2650
MATURITIES ( 2750)
------
DAILY TOTAL ( 100)
2650
12/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/11/98 427.46 427.46 2650
MATURITIES ( 2650)
------
DAILY TOTAL 0
2650
12/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 3 12/14/98 427.46 1282.38 2650
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 3 12/14/98 8.07 24.20 50
------
TOTAL BORROWINGS 2700
MATURITIES ( 2650)
------
DAILY TOTAL 50
2700
<PAGE>
12/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/15/98 435.53 435.53 2700
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/15/98 8.07 8.07 50
------
TOTAL BORROWINGS 2750
MATURITIES ( 2700)
------
DAILY TOTAL 50
2750
12/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/16/98 435.53 435.53 2700
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/16/98 8.07 8.07 50
------
TOTAL BORROWINGS 2750
MATURITIES ( 2750)
------
DAILY TOTAL 0
2750
12/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/17/98 443.59 443.59 2750
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/17/98 4.03 4.03 25
------
TOTAL BORROWINGS 2775
MATURITIES ( 2750)
------
DAILY TOTAL 25
2775
12/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/18/98 447.62 447.62 2775
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/18/98 4.03 4.03 25
------
TOTAL BORROWINGS 2800
MATURITIES ( 2775)
------
DAILY TOTAL 25
2800
12/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 3 12/21/98 451.66 1354.97 2800
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 3 12/21/98 20.16 60.49 125
------
TOTAL BORROWINGS 2925
MATURITIES ( 2800)
------
DAILY TOTAL 125
2925
12/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/22/98 471.82 471.82 2925
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/22/98 4.03 4.03 25
------
TOTAL BORROWINGS 2950
MATURITIES ( 2925)
------
DAILY TOTAL 25
2950
<PAGE>
12/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/23/98 471.82 471.82 2925
MATURITIES ( 2950)
------
DAILY TOTAL ( 25)
2925
12/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/24/98 463.75 463.75 2875
MATURITIES ( 2925)
------
DAILY TOTAL ( 50)
2875
12/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 4 12/28/98 463.75 1855.01 2875
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 4 12/28/98 8.07 32.26 50
------
TOTAL BORROWINGS 2925
MATURITIES ( 2875)
------
DAILY TOTAL 50
2925
12/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/29/98 471.82 471.82 2925
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/29/98 48.39 48.39 300
------
TOTAL BORROWINGS 3225
MATURITIES ( 2925)
------
DAILY TOTAL 300
3225
12/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/30/98 516.18 516.18 3200
MATURITIES ( 3225)
------
DAILY TOTAL ( 25)
3200
12/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/31/98 508.11 508.11 3150
MATURITIES ( 3200)
------
DAILY TOTAL ( 50)
3150
12/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 1/ 1/99 508.11 508.11 3150
MATURITIES ( 3150)
------
DAILY TOTAL 0
3150
TEMPORARY BORROWING STATISTICS
------------------------------
10/ 1/98 TO 12/31/98
--------------------
BORROWINGS AT 12/31/98 $ 3150000
<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 @ 10/ 1/98 40750
10/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 2/98 5703.56 5703.56 39800
MATURITIES ( 40750)
------
DAILY TOTAL ( 950)
39800
10/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 3 10/ 5/98 5571.00 16713.01 38875
MATURITIES ( 39800)
------
DAILY TOTAL ( 925)
38875
10/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 6/98 5571.00 5571.00 38875
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 1 10/ 6/98 132.56 132.56 925
------
TOTAL BORROWINGS 39800
MATURITIES ( 38875)
------
DAILY TOTAL 925
39800
10/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 7/98 5592.50 5592.50 39025
MATURITIES ( 39800)
------
DAILY TOTAL ( 775)
39025
10/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 8/98 5513.68 5513.68 38475
MATURITIES ( 39025)
------
DAILY TOTAL ( 550)
38475
10/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/ 9/98 5277.23 5277.23 36825
MATURITIES ( 38475)
------
DAILY TOTAL ( 1650)
36825
10/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 4 10/13/98 5277.23 21108.91 36825
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 4 10/13/98 3.58 14.33 25
------
TOTAL BORROWINGS 36850
MATURITIES ( 36825)
------
DAILY TOTAL 25
36850
<PAGE>
10/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/14/98 5266.48 5266.48 36750
MATURITIES ( 36850)
------
DAILY TOTAL ( 100)
36750
10/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/15/98 5044.36 5044.36 35200
MATURITIES ( 36750)
------
DAILY TOTAL ( 1550)
35200
10/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/16/98 4872.39 4872.39 34000
MATURITIES ( 35200)
------
DAILY TOTAL ( 1200)
34000
10/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 3 10/19/98 4872.39 14617.17 34000
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 3 10/19/98 78.82 236.45 550
------
TOTAL BORROWINGS 34550
MATURITIES ( 34000)
------
DAILY TOTAL 550
34550
10/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/20/98 4786.41 4786.41 33400
MATURITIES ( 34550)
------
DAILY TOTAL ( 1150)
33400
10/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/21/98 4782.82 4782.82 33375
MATURITIES ( 33400)
------
DAILY TOTAL ( 25)
33375
10/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/22/98 4743.41 4743.41 33100
MATURITIES ( 33375)
------
DAILY TOTAL ( 275)
33100
10/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/23/98 4678.93 4678.93 32650
MATURITIES ( 33100)
------
DAILY TOTAL ( 450)
32650
<PAGE>
10/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 3 10/26/98 4678.93 14036.78 32650
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 3 10/26/98 39.41 118.23 275
------
TOTAL BORROWINGS 32925
MATURITIES ( 32650)
------
DAILY TOTAL 275
32925
10/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/27/98 4718.34 4718.34 32925
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 1 10/27/98 175.55 175.55 1225
------
TOTAL BORROWINGS 34150
MATURITIES ( 32925)
------
DAILY TOTAL 1225
34150
10/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/28/98 4729.08 4729.08 33000
MATURITIES ( 34150)
------
DAILY TOTAL ( 1150)
33000
10/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/29/98 4557.12 4557.12 31800
MATURITIES ( 33000)
------
DAILY TOTAL ( 1200)
31800
10/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 1 10/30/98 4292.00 4292.00 29950
MATURITIES ( 31800)
------
DAILY TOTAL ( 1850)
29950
10/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.159% 5.159% 2 11/ 1/98 4292.00 8584.00 29950
MONEYPOOL MONEYPOOL NEW MONEY 5.159% 5.159% 2 11/ 1/98 64.49 128.98 450
------
TOTAL BORROWINGS 30400
MATURITIES ( 29950)
------
DAILY TOTAL 450
30400
11/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 2/98 4206.31 4206.31 29950
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/ 2/98 63.20 63.20 450
------
TOTAL BORROWINGS 30400
MATURITIES ( 30400)
------
DAILY TOTAL 0
30400
<PAGE>
11/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 3/98 4269.51 4269.51 30400
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/ 3/98 252.80 252.80 1800
------
TOTAL BORROWINGS 32200
MATURITIES ( 30400)
------
DAILY TOTAL 1800
32200
11/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 4/98 4125.56 4125.56 29375
MATURITIES ( 32200)
------
DAILY TOTAL ( 2825)
29375
11/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 5/98 4111.51 4111.51 29275
MATURITIES ( 29375)
------
DAILY TOTAL ( 100)
29275
11/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/ 6/98 3978.09 3978.09 28325
MATURITIES ( 29275)
------
DAILY TOTAL ( 950)
28325
11/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 3 11/ 9/98 3978.09 11934.27 28325
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 3 11/ 9/98 14.04 42.13 100
------
TOTAL BORROWINGS 28425
MATURITIES ( 28325)
------
DAILY TOTAL 100
28425
11/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/10/98 3992.13 3992.13 28425
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 11/10/98 284.40 284.40 2025
------
TOTAL BORROWINGS 30450
MATURITIES ( 28425)
------
DAILY TOTAL 2025
30450
11/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/11/98 4136.09 4136.09 29450
MATURITIES ( 30450)
------
DAILY TOTAL ( 1000)
29450
11/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/12/98 4136.09 4136.09 29450
MATURITIES ( 29450)
------
DAILY TOTAL 0
29450
<PAGE>
11/12/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/13/98 4013.20 4013.20 28575
MATURITIES ( 29450)
------
DAILY TOTAL ( 875)
28575
11/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 3 11/16/98 4013.20 12039.60 28575
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 3 11/16/98 129.91 389.73 925
------
TOTAL BORROWINGS 29500
MATURITIES ( 28575)
------
DAILY TOTAL 925
29500
11/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/17/98 4041.29 4041.29 28775
MATURITIES ( 29500)
------
DAILY TOTAL ( 725)
28775
11/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/18/98 3690.18 3690.18 26275
MATURITIES ( 28775)
------
DAILY TOTAL ( 2500)
26275
11/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/19/98 3655.07 3655.07 26025
MATURITIES ( 26275)
------
DAILY TOTAL ( 250)
26025
11/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/20/98 3483.02 3483.02 24800
MATURITIES ( 26025)
------
DAILY TOTAL ( 1225)
24800
11/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 3 11/23/98 3423.33 10270.00 24375
MATURITIES ( 24800)
------
DAILY TOTAL ( 425)
24375
11/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/24/98 3353.11 3353.11 23875
MATURITIES ( 24375)
------
DAILY TOTAL ( 500)
23875
11/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 11/25/98 3265.33 3265.33 23250
MATURITIES ( 23875)
------
DAILY TOTAL ( 625)
23250
<PAGE>
11/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 2 11/27/98 3258.31 6516.62 23200
MATURITIES ( 23250)
------
DAILY TOTAL ( 50)
23200
11/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 3 11/30/98 3174.04 9522.13 22600
MATURITIES ( 23200)
------
DAILY TOTAL ( 600)
22600
11/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.056% 5.056% 1 12/ 1/98 3174.04 3174.04 22600
MONEYPOOL MONEYPOOL NEW MONEY 5.056% 5.056% 1 12/ 1/98 150.98 150.98 1075
------
TOTAL BORROWINGS 23675
MATURITIES ( 22600)
------
DAILY TOTAL 1075
23675
12/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 2/98 3536.12 3536.12 23675
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/ 2/98 85.88 85.88 575
------
TOTAL BORROWINGS 24250
MATURITIES ( 23675)
------
DAILY TOTAL 575
24250
12/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 3/98 3569.73 3569.73 23900
MATURITIES ( 24250)
------
DAILY TOTAL ( 350)
23900
12/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 4/98 3450.24 3450.24 23100
MATURITIES ( 23900)
------
DAILY TOTAL ( 800)
23100
12/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 3 12/ 7/98 3360.63 10081.88 22500
MATURITIES ( 23100)
------
DAILY TOTAL ( 600)
22500
12/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 8/98 3319.55 3319.55 22225
MATURITIES ( 22500)
------
DAILY TOTAL ( 275)
22225
<PAGE>
12/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/ 9/98 3252.34 3252.34 21775
MATURITIES ( 22225)
------
DAILY TOTAL ( 450)
21775
12/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/10/98 3132.85 3132.85 20975
MATURITIES ( 21775)
------
DAILY TOTAL ( 800)
20975
12/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/11/98 3125.38 3125.38 20925
MATURITIES ( 20975)
------
DAILY TOTAL ( 50)
20925
12/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 3 12/14/98 3117.91 9353.74 20875
MATURITIES ( 20925)
------
DAILY TOTAL ( 50)
20875
12/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/15/98 3084.31 3084.31 20650
MATURITIES ( 20875)
------
DAILY TOTAL ( 225)
20650
12/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/16/98 3084.31 3084.31 20650
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/16/98 1202.36 1202.36 8050
------
TOTAL BORROWINGS 28700
MATURITIES ( 20650)
------
DAILY TOTAL 8050
28700
12/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/17/98 4211.98 4211.98 28200
MATURITIES ( 28700)
------
DAILY TOTAL ( 500)
28200
12/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/18/98 4073.82 4073.82 27275
MATURITIES ( 28200)
------
DAILY TOTAL ( 925)
27275
<PAGE>
12/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 3 12/21/98 4073.82 12221.47 27275
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 3 12/21/98 41.07 123.22 275
------
TOTAL BORROWINGS 27550
MATURITIES ( 27275)
------
DAILY TOTAL 275
27550
12/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/22/98 4010.35 4010.35 26850
MATURITIES ( 27550)
------
DAILY TOTAL ( 700)
26850
12/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/23/98 3834.85 3834.85 25675
MATURITIES ( 26850)
------
DAILY TOTAL ( 1175)
25675
12/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/24/98 3834.85 3834.85 25675
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/24/98 324.86 324.86 2175
------
TOTAL BORROWINGS 27850
MATURITIES ( 25675)
------
DAILY TOTAL 2175
27850
12/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 4 12/28/98 4159.71 16638.83 27850
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 4 12/28/98 201.64 806.55 1350
------
TOTAL BORROWINGS 29200
MATURITIES ( 27850)
------
DAILY TOTAL 1350
29200
12/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/29/98 4361.34 4361.34 29200
MONEYPOOL MONEYPOOL NEW MONEY 5.377% 5.377% 1 12/29/98 130.69 130.69 875
------
TOTAL BORROWINGS 30075
MATURITIES ( 29200)
------
DAILY TOTAL 875
30075
12/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/30/98 4253.06 4253.06 28475
MATURITIES ( 30075)
------
DAILY TOTAL ( 1600)
28475
<PAGE>
12/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 12/31/98 4021.55 4021.55 26925
MATURITIES ( 28475)
------
DAILY TOTAL ( 1550)
26925
12/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.377% 5.377% 1 1/ 1/99 3984.21 3984.21 26675
MATURITIES ( 26925)
------
DAILY TOTAL ( 250)
26675
TEMPORARY BORROWING STATISTICS
------------------------------
10/ 1/98 TO 12/31/98
--------------------
BORROWINGS AT 12/31/98 $ 26675000
<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 @ 10/ 1/98 3500
10/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 2/98 541.72 541.72 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
10/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 3 10/ 5/98 541.72 1625.17 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
10/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 6/98 541.72 541.72 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
10/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 7/98 541.72 541.72 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
10/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 8/98 541.72 541.72 3500
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 1 10/ 8/98 3.87 3.87 25
------
TOTAL BORROWINGS 3525
MATURITIES ( 3500)
------
DAILY TOTAL 25
3525
10/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 9/98 545.59 545.59 3525
MATURITIES ( 3525)
------
DAILY TOTAL 0
3525
10/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 4 10/13/98 545.59 2182.37 3525
MATURITIES ( 3525)
------
DAILY TOTAL 0
3525
<PAGE>
10/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/14/98 545.59 545.59 3525
MATURITIES ( 3525)
------
DAILY TOTAL 0
3525
10/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/15/98 545.59 545.59 3525
MATURITIES ( 3525)
------
DAILY TOTAL 0
3525
10/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/16/98 533.98 533.98 3450
MATURITIES ( 3525)
------
DAILY TOTAL ( 75)
3450
10/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 3 10/19/98 533.98 1601.95 3450
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 3 10/19/98 7.74 23.22 50
------
TOTAL BORROWINGS 3500
MATURITIES ( 3450)
------
DAILY TOTAL 50
3500
10/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/20/98 533.98 533.98 3450
MATURITIES ( 3500)
------
DAILY TOTAL ( 50)
3450
10/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/21/98 533.98 533.98 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
10/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/22/98 533.98 533.98 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
10/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/23/98 533.98 533.98 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
10/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 3 10/26/98 533.98 1601.95 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
<PAGE>
10/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/27/98 533.98 533.98 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
10/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/28/98 533.98 533.98 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
10/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/29/98 533.98 533.98 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
10/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/30/98 533.98 533.98 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
10/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 2 11/ 1/98 533.98 1067.97 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
11/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 2/98 523.25 523.25 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
11/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 3/98 523.25 523.25 3450
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/ 3/98 3.79 3.79 25
------
TOTAL BORROWINGS 3475
MATURITIES ( 3450)
------
DAILY TOTAL 25
3475
11/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 4/98 527.04 527.04 3475
MATURITIES ( 3475)
------
DAILY TOTAL 0
3475
11/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 5/98 527.04 527.04 3475
MATURITIES ( 3475)
------
DAILY TOTAL 0
3475
<PAGE>
11/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 6/98 527.04 527.04 3475
MATURITIES ( 3475)
------
DAILY TOTAL 0
3475
11/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/ 9/98 527.04 1581.13 3475
MATURITIES ( 3475)
------
DAILY TOTAL 0
3475
11/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/10/98 527.04 527.04 3475
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/10/98 3.79 3.79 25
------
TOTAL BORROWINGS 3500
MATURITIES ( 3475)
------
DAILY TOTAL 25
3500
11/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/11/98 530.83 530.83 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
11/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/12/98 530.83 530.83 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
11/12/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/13/98 530.83 530.83 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
11/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/16/98 530.83 1592.50 3500
MATURITIES ( 3500)
------
DAILY TOTAL 0
3500
11/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/17/98 424.67 424.67 2800
MATURITIES ( 3500)
------
DAILY TOTAL ( 700)
2800
<PAGE>
11/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/18/98 424.67 424.67 2800
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/18/98 75.83 75.83 500
------
TOTAL BORROWINGS 3300
MATURITIES ( 2800)
------
DAILY TOTAL 500
3300
11/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/19/98 500.50 500.50 3300
MATURITIES ( 3300)
------
DAILY TOTAL 0
3300
11/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/20/98 500.50 500.50 3300
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/20/98 3.79 3.79 25
------
TOTAL BORROWINGS 3325
MATURITIES ( 3300)
------
DAILY TOTAL 25
3325
11/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/23/98 504.29 1512.88 3325
MATURITIES ( 3325)
------
DAILY TOTAL 0
3325
11/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/24/98 504.29 504.29 3325
MATURITIES ( 3325)
------
DAILY TOTAL 0
3325
11/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/25/98 504.29 504.29 3325
MATURITIES ( 3325)
------
DAILY TOTAL 0
3325
11/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 2 11/27/98 504.29 1008.58 3325
MATURITIES ( 3325)
------
DAILY TOTAL 0
3325
11/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/30/98 504.29 1512.88 3325
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 3 11/30/98 7.58 22.75 50
------
TOTAL BORROWINGS 3375
MATURITIES ( 3325)
------
DAILY TOTAL 50
3375
<PAGE>
11/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 12/ 1/98 508.08 508.08 3350
MATURITIES ( 3375)
------
DAILY TOTAL ( 25)
3350
12/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 2/98 540.37 540.37 3350
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/ 2/98 12.10 12.10 75
------
TOTAL BORROWINGS 3425
MATURITIES ( 3350)
------
DAILY TOTAL 75
3425
12/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 3/98 552.47 552.47 3425
MATURITIES ( 3425)
------
DAILY TOTAL 0
3425
12/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 4/98 552.47 552.47 3425
MATURITIES ( 3425)
------
DAILY TOTAL 0
3425
12/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 3 12/ 7/98 552.47 1657.41 3425
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 3 12/ 7/98 4.03 12.10 25
------
TOTAL BORROWINGS 3450
MATURITIES ( 3425)
------
DAILY TOTAL 25
3450
12/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 8/98 556.50 556.50 3450
MATURITIES ( 3450)
------
DAILY TOTAL 0
3450
12/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 9/98 556.50 556.50 3450
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/ 9/98 12.10 12.10 75
------
TOTAL BORROWINGS 3525
MATURITIES ( 3450)
------
DAILY TOTAL 75
3525
12/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/10/98 568.60 568.60 3525
MATURITIES ( 3525)
------
DAILY TOTAL 0
3525
<PAGE>
12/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/11/98 568.60 568.60 3525
MATURITIES ( 3525)
------
DAILY TOTAL 0
3525
12/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 3 12/14/98 568.60 1705.81 3525
MATURITIES ( 3525)
------
DAILY TOTAL 0
3525
12/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/15/98 568.60 568.60 3525
MATURITIES ( 3525)
------
DAILY TOTAL 0
3525
12/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/16/98 568.60 568.60 3525
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/16/98 8.07 8.07 50
------
TOTAL BORROWINGS 3575
MATURITIES ( 3525)
------
DAILY TOTAL 50
3575
12/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/17/98 475.85 475.85 2950
MATURITIES ( 3575)
------
DAILY TOTAL ( 625)
2950
12/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/18/98 475.85 475.85 2950
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/18/98 68.55 68.55 425
------
TOTAL BORROWINGS 3375
MATURITIES ( 2950)
------
DAILY TOTAL 425
3375
12/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 3 12/21/98 544.41 1633.22 3375
MATURITIES ( 3375)
------
DAILY TOTAL 0
3375
12/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/22/98 544.41 544.41 3375
MATURITIES ( 3375)
------
DAILY TOTAL 0
3375
<PAGE>
12/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/23/98 544.41 544.41 3375
MATURITIES ( 3375)
------
DAILY TOTAL 0
3375
12/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/24/98 544.41 544.41 3375
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/24/98 4.03 4.03 25
------
TOTAL BORROWINGS 3400
MATURITIES ( 3375)
------
DAILY TOTAL 25
3400
12/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 4 12/28/98 548.44 2193.76 3400
MATURITIES ( 3400)
------
DAILY TOTAL 0
3400
12/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/29/98 548.44 548.44 3400
MATURITIES ( 3400)
------
DAILY TOTAL 0
3400
12/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/30/98 548.44 548.44 3400
MATURITIES ( 3400)
------
DAILY TOTAL 0
3400
12/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/31/98 548.44 548.44 3400
MATURITIES ( 3400)
------
DAILY TOTAL 0
3400
12/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 1/ 1/99 548.44 548.44 3400
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 1/ 1/99 4.03 4.03 25
------
TOTAL BORROWINGS 3425
MATURITIES ( 3400)
------
DAILY TOTAL 25
3425
TEMPORARY BORROWING STATISTICS
------------------------------
10/ 1/98 TO 12/31/98
--------------------
BORROWINGS AT 12/31/98 $ 3425000
<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 @ 10/ 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 @ 10/ 1/98 1700
10/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 2/98 263.12 263.12 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
10/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 3 10/ 5/98 263.12 789.37 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
10/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 6/98 263.12 263.12 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
10/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 7/98 263.12 263.12 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
10/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 8/98 263.12 263.12 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
10/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/ 9/98 263.12 263.12 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
10/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 4 10/13/98 263.12 1052.49 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
10/13/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/14/98 263.12 263.12 1700
MATURITIES ( 1700)
------
DAILY TOTAL 0
1700
<PAGE>
10/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/15/98 255.38 255.38 1650
MATURITIES ( 1700)
------
DAILY TOTAL ( 50)
1650
10/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/16/98 92.87 92.87 600
MATURITIES ( 1650)
------
DAILY TOTAL ( 1050)
600
10/16/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 3 10/19/98 65.78 197.34 425
MATURITIES ( 600)
------
DAILY TOTAL ( 175)
425
10/19/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/20/98 61.91 61.91 400
MATURITIES ( 425)
------
DAILY TOTAL ( 25)
400
10/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/21/98 61.91 61.91 400
MATURITIES ( 400)
------
DAILY TOTAL 0
400
10/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/22/98 61.91 61.91 400
MATURITIES ( 400)
------
DAILY TOTAL 0
400
10/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/23/98 58.04 58.04 375
MATURITIES ( 400)
------
DAILY TOTAL ( 25)
375
10/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 3 10/26/98 58.04 174.13 375
MONEYPOOL MONEYPOOL NEW MONEY 5.572% 5.572% 3 10/26/98 7.74 23.22 50
------
TOTAL BORROWINGS 425
MATURITIES ( 375)
------
DAILY TOTAL 50
425
10/26/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/27/98 65.78 65.78 425
MATURITIES ( 425)
------
DAILY TOTAL 0
425
<PAGE>
10/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/28/98 65.78 65.78 425
MATURITIES ( 425)
------
DAILY TOTAL 0
425
10/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/29/98 65.78 65.78 425
MATURITIES ( 425)
------
DAILY TOTAL 0
425
10/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 1 10/30/98 65.78 65.78 425
MATURITIES ( 425)
------
DAILY TOTAL 0
425
10/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.572% 5.572% 2 11/ 1/98 65.78 131.56 425
MATURITIES ( 425)
------
DAILY TOTAL 0
425
11/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 2/98 64.46 64.46 425
MATURITIES ( 425)
------
DAILY TOTAL 0
425
11/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 3/98 64.46 64.46 425
MATURITIES ( 425)
------
DAILY TOTAL 0
425
11/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 4/98 64.46 64.46 425
MATURITIES ( 425)
------
DAILY TOTAL 0
425
11/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 5/98 64.46 64.46 425
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/ 5/98 3.79 3.79 25
------
TOTAL BORROWINGS 450
MATURITIES ( 425)
------
DAILY TOTAL 25
450
11/ 5/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/ 6/98 68.25 68.25 450
MATURITIES ( 450)
------
DAILY TOTAL 0
450
<PAGE>
11/ 6/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/ 9/98 68.25 204.75 450
MATURITIES ( 450)
------
DAILY TOTAL 0
450
11/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/10/98 68.25 68.25 450
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/10/98 87.21 87.21 575
------
TOTAL BORROWINGS 1025
MATURITIES ( 450)
------
DAILY TOTAL 575
1025
11/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/11/98 151.67 151.67 1000
MATURITIES ( 1025)
------
DAILY TOTAL ( 25)
1000
11/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/12/98 151.67 151.67 1000
MATURITIES ( 1000)
------
DAILY TOTAL 0
1000
11/12/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/13/98 151.67 151.67 1000
MATURITIES ( 1000)
------
DAILY TOTAL 0
1000
11/13/98:
MATURITIES ( 1000)
0
11/19/98:
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 1 11/20/98 72.04 72.04 475
475
11/20/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/23/98 72.04 216.13 475
MATURITIES ( 475)
------
DAILY TOTAL 0
475
11/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/24/98 72.04 72.04 475
MATURITIES ( 475)
------
DAILY TOTAL 0
475
11/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 11/25/98 72.04 72.04 475
MATURITIES ( 475)
------
DAILY TOTAL 0
475
<PAGE>
11/25/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 2 11/27/98 72.04 144.08 475
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 2 11/27/98 15.17 30.33 100
------
TOTAL BORROWINGS 575
MATURITIES ( 475)
------
DAILY TOTAL 100
575
11/27/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 3 11/30/98 87.21 261.63 575
MONEYPOOL MONEYPOOL NEW MONEY 5.460% 5.460% 3 11/30/98 53.08 159.25 350
------
TOTAL BORROWINGS 925
MATURITIES ( 575)
------
DAILY TOTAL 350
925
11/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.460% 5.460% 1 12/ 1/98 83.42 83.42 550
MATURITIES ( 925)
------
DAILY TOTAL ( 375)
550
12/ 1/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 2/98 88.72 88.72 550
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/ 2/98 84.69 84.69 525
------
TOTAL BORROWINGS 1075
MATURITIES ( 550)
------
DAILY TOTAL 525
1075
12/ 2/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 3/98 173.40 173.40 1075
MATURITIES ( 1075)
------
DAILY TOTAL 0
1075
12/ 3/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 4/98 173.40 173.40 1075
MATURITIES ( 1075)
------
DAILY TOTAL 0
1075
12/ 4/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 3 12/ 7/98 173.40 520.21 1075
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 3 12/ 7/98 24.20 72.59 150
------
TOTAL BORROWINGS 1225
MATURITIES ( 1075)
------
DAILY TOTAL 150
1225
<PAGE>
12/ 7/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 8/98 197.60 197.60 1225
MATURITIES ( 1225)
------
DAILY TOTAL 0
1225
12/ 8/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/ 9/98 197.60 197.60 1225
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/ 9/98 28.23 28.23 175
------
TOTAL BORROWINGS 1400
MATURITIES ( 1225)
------
DAILY TOTAL 175
1400
12/ 9/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/10/98 225.83 225.83 1400
MATURITIES ( 1400)
------
DAILY TOTAL 0
1400
12/10/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/11/98 225.83 225.83 1400
MATURITIES ( 1400)
------
DAILY TOTAL 0
1400
12/11/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 3 12/14/98 225.83 677.48 1400
MATURITIES ( 1400)
------
DAILY TOTAL 0
1400
12/14/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/15/98 221.80 221.80 1375
MATURITIES ( 1400)
------
DAILY TOTAL ( 25)
1375
12/15/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/16/98 125.01 125.01 775
MATURITIES ( 1375)
------
DAILY TOTAL ( 600)
775
12/16/98:
MATURITIES ( 775)
0
12/17/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/18/98 116.95 116.95 725
725
12/18/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 3 12/21/98 116.95 350.84 725
MATURITIES ( 725)
------
DAILY TOTAL 0
725
<PAGE>
12/21/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/22/98 116.95 116.95 725
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/22/98 4.03 4.03 25
------
TOTAL BORROWINGS 750
MATURITIES ( 725)
------
DAILY TOTAL 25
750
12/22/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/23/98 120.98 120.98 750
MATURITIES ( 750)
------
DAILY TOTAL 0
750
12/23/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/24/98 120.98 120.98 750
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/24/98 8.07 8.07 50
------
TOTAL BORROWINGS 800
MATURITIES ( 750)
------
DAILY TOTAL 50
800
12/24/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 4 12/28/98 129.04 516.18 800
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 4 12/28/98 4.03 16.13 25
------
TOTAL BORROWINGS 825
MATURITIES ( 800)
------
DAILY TOTAL 25
825
12/28/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/29/98 133.08 133.08 825
MATURITIES ( 825)
------
DAILY TOTAL 0
825
12/29/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/30/98 133.08 133.08 825
MATURITIES ( 825)
------
DAILY TOTAL 0
825
12/30/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 12/31/98 133.08 133.08 825
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 12/31/98 12.10 12.10 75
------
TOTAL BORROWINGS 900
MATURITIES ( 825)
------
DAILY TOTAL 75
900
<PAGE>
12/31/98:
MONEYPOOL MONEYPOOL ROLLOVER 5.807% 5.807% 1 1/ 1/99 145.18 145.18 900
MONEYPOOL MONEYPOOL NEW MONEY 5.807% 5.807% 1 1/ 1/99 96.78 96.78 600
------
TOTAL BORROWINGS 1500
MATURITIES ( 900)
------
DAILY TOTAL 600
1500
TEMPORARY BORROWING STATISTICS
------------------------------
10/ 1/98 TO 12/31/98
--------------------
BORROWINGS AT 12/31/98 $ 1500000
<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 @ 10/ 1/98 0
<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 @ 10/ 1/98 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 @ 10/ 1/98 0
</TABLE>
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