FORM 8
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT TO APPLICATION OR REPORT
Filed pursuant to Section 12, 13 or 15(d) of the
Securities Exchange Act of 1934
National Capital Management Corporation
(Exact name of registrant as specified in its charter)
AMENDMENT NO. 1
The undersigned registrant hereby amends the following items,
financial statements, exhibits or other portions of its
Current Report on Form 8-K, dated November 10, 1995 as set
forth in the pages attached hereto:
Item 7. Financial Statements and Exhibits
Adding accountant's letter to Item 7.(c)(16)
which was not previously filed under Item 7. of Form
8-K.
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this amendment to be
signed on its behalf by the undersigned hereunto duly
authorized.
NATIONAL CAPITAL
MANAGEMENT CORPORATION
(Registrant)
Date: November 17, 1995 By:/s/ Leslie A. Filler
Leslie A. Filler
Principal Financial Officer and
Principal Accounting Officer
Ernst & Young LLP Suite 400 Phone 510 977 2900
2175 North California Blvd.
Walnut Creek
California 94596-3579
November 16, 1995
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read Item 4 of Form 8-K dated November 16, 1995, of
National Capital Management Corporation and are in agreement
with the statements contained in paragraphs 4.(a)(1)(i),(ii)
and the first sentence of (v)(A) therein. We have no basis
to agree or disagree with other statements of the registrant
contained therein.
Regarding the registrant's statement concerning the lack of
internal control to prepare financial statements, included
in the first sentence of paragraph 4.(a)(1)(v)(A) on page 1
therein, we had considered such matter in determining the
nature, timing and extent of procedures performed in our
audit of the registrant's 1994 financial statements.
/s/ERNST & YOUNG LLP
