• The following firm will begin participation in the NSCC/DTC Networking interface as detailed below:

First Trade Date November 24, 1998:

Schwab (Charles) & Co., Inc. No. 0164
Networking Code: CH
Contact: Jose DeSequera
Phone: (415) 636-4007

• The following Pacific Stock Exchange Specialist Posts will change their names as detailed below:

First Trade Date, November 25, 1998:

From: P20 - Smith Barney, Inc. - Specialists No. 5360
To: P20 - Bloom Staloff Corp. - Specialists No. 5360

From: P27 - Smith Barney, Inc. - Specialists No. 5301
To: P27 - Bloom Staloff Corp. - Specialists No. 5301

From: P10 - Smith Barney, Inc. - Specialists No. 5336
To: P10 - Bloom Staloff Corp. - Specialists No. 5336

From: P21 - Smith Barney, Inc. - Specialists No. 5361
To: P21 - Bloom Staloff Corp. - Specialists No. 5361

From: P45 - Smith Barney, Inc. - Specialists No. 5388
To: P45 - Bloom Staloff Corp. - Specialists No. 5388

• The following firm will retire from trade comparison only, as detailed below:

Last Trade Date, December 8, 1998:

Gordon Capital Corporation No. 5009

• The following Specialists on the Pacific Stock Exchange will be admitted to NSCC=s Trade Processing system as detailed below:

First Trade Date, November 25, 1998:

P07 - Wedbush Morgan Securities, Inc. - Specialists No. 5305

• The following firms will begin participation in the Fund/Serv Commission Settlement system as detailed below:

Effective Immediately:

UAM Fund Distributors, Inc. No. 4871
NBC Securities Inc. No. 0306
Royce Fund Services Inc. No. 5663

• The following firm will retire from the Fund/Serv Commission Settlement system only as detailed below:

Effective Immediately:

Stern (M.L.) & Co., Inc. No. 0581

• An additional number has been assigned to Janus Distributors, Inc. (#5781) for the purpose of using the Fund/Serv and Networking systems as detailed below:

First Trade Date, December 1, 1998:

Janus Distributors, Inc./Janus Offshore No. 5467
Networking Code: Z4
Contact: John Mari
Phone: (303) 336-4200

• The following insurance company will begin participation in the Annuity Processing Service as detailed below:

First Trade Date, December 4, 1998:

Pacific Life Insurance Company No. 4532

• The following firm will begin participation in the Annuity Processing Service as detailed below:

First Trade Date, November 30, 1998:

JWGenesis Clearing Corp. No. 0194

• The following firms will retire from all services as detailed below:

Last Trade Date, November 30, 1998:

NBD Bank No. 0957

Effective Immediately:

Concord Services LLC No. 7035
Inquiries regarding open transactions to:
Mr. William K. Ellis
Compliance Officer
Concord Services LLC
100 South Wacker Drive
Chicago, IL 60606
(312) 236-1525

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

Effective December 1, 1998:

Roulston Research Corporation No. 5473
Networking Code: 1W
Contact: Chuck Kiraly
Phone: (212) 431-3844

• Kindly update the OTC Executed-By List and the Municipal Bond Comparison Directory dated July 3, 1998 as detailed below:

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

• Kindly update the Municipal Bond Comparison Directory dated July 3, 1998 as detailed below:

The following firms have remitted Executed Networking Agreements during the week of November 27, 1998

Premier Mutual Fund Services Inc. - #5523
Smith, Moore & Co. - #0494

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

Janis Meola
Vice President, Membership