A 4800 - July 24, 1998

A 4800 - July 24, 1998
P&S 4362

TO: ALL PARTICIPANTS

ATTENTION: MANAGER, PURCHASES AND SALES DEPARTMENT; CASHIER; FUND/SERV PARTICIPANT

SUBJECT: CHANGES IN THE LIST OF PARTICIPANTS

The following firm will begin participation in the Fund/Serv and Networking systems as detailed below:

First Trade Date, July 22, 1998:
GGFG Securities, Inc. No. 0434
Networking Code: U3
Contact: Michael George
Phone: (415) 362-5006

An additional number has been assigned to Bisys Fund Services, L.P. (#5564) for the purpose of using the Fund/Serv and Networking systems as detailed below:

First Trade Date, August 3, 1998:
Bisys Fund Services, L.P./ Nationwide Global Funds No. 5453
Networking Code: X1
Contact: Scott Roseberry
Phone: (614) 470-8862

The following firm will retire from all services as detailed below:

Last Trade Date, August 10, 1998:
Van Kampen American Capital Distributors/
Navigator Funds No.5778

An additional number has been assigned to FPS Broker Services Inc. (#5570) for the purpose of using the Fund/Serv and Networking systems as detailed below:

First Trade Date, July 22, 1998:
FPS Broker Services Inc./Stratton Mutual Funds No. 5448
Networking Code W4
Contact: Rocky Cavalieri
Phone: (610) 239-4521

The following firms have changed their names as detailed below:

Effective Immediately:
From: Twentieth Century Securities Inc. No. 5646
To: American Century Investment Services, Inc. No. 5646

From: GGFG Securities, Inc. No. 0434
To: Aurum Securities Corp. No. 0434

The following Midwest Clearing Corporation Specialist firms will begin participation in RECAPS and the Envelope Settlement Services as detailed below:

First Trade Date, July 29,1998:
Dempsey - Blair, LLC No. 3753
First Trade Date, August 3, 1998:
LFG, LLC No. 3787

The following firm will retire from all services as detailed below:

Last Trade Date, July 24, 1998:
Boyle Securities, Inc. No. 8245
OTC Alpha Identifier CATS

UPDATE
OTC EXECUTED-BY LIST
MUNICIPAL BOND COMPARISON DIRECTORY

Kindly update the OTC Executed-By List and the Municipal Bond Comparison Directory dated January 2, 1998 as detailed below:

	Clearing Broker Identifiers		Executing Broker Identifiers
	Alpha	Numeric	Alpha	Numeric
Delete, Immediately:
S.F. Investments	MSCO	0050	SFPS
Invictus Capital LLC	BSSC	0352	IVCP
World Securities, Inc.	ERNS	0233	WLDS

Delete, Last Trade Date, July 24, 1998:
AC Financial Inc.	JWCI	0194	ACFI

Add Immediately:
S.F. Investments	BSSC	0352	SFPS
Clayton, Lowell & Conger	MJKI	0139	CLAG
Intrepid Securities, Inc.	PFSI	0234	INPD
CFC Securities, Inc.	ERNS	0233	CFCN

Add, First Trade Date, July 27, 1998:
AC Financial Inc.	HRZG	0327	ACFI

Name & Symbol Change
Effective July 27, 1998:
From: Genesis Merchant Group	AANA	0792	GMGS
To: JWGenesis Capital Markets, LLC	AANA	0792	JWGC

Kindly update the OTC Executed-By List as detailed below:

	Clearing Broker Identifiers		Executing Broker Identifiers
	Alpha	Numeric	Alpha	Numeric
Delete, Immediately:
Forth Financial Securities Corporation	ERNS	0233	FOFI

Add, First Trade Date, July 27, 1998:
Republic Equities of America, Ltd.	MJKI	0139	REAL

Kindly update the Municipal Bond Comparison Directory dated January 2, 1998 as detailed below:

	Clearing Broker Identifiers		Executing Broker Identifiers
	Alpha	Numeric	Alpha	Numeric
Add, Immediately:
Family Management Securities Corp.	PERS	0443	FMGT
Locust Street Securities, Inc.	PERS	0443	LSSM
Secwest Securities, Inc.	PERS	0443	SOWT
Vance (Richard B.) & Co., Inc.	PERS	0443	VANC
Vestor Capital Corporation	PERS	0443	VSTR
CPA Advisors Network, Inc.	PRUS	0030	CPAA
Summit Brokerage Services	WEAT	0141	SUMT

The following firms have remitted Executed Networking Agreements during the week of July 24, 1998:

First Dominion Capital Corp./Monument Funds Group

If you have any questions, please call William Reilly at (212) 412-8620 or Lisa Siebold at (212) 412-8591.

Jan Meola
Vice President, Membership