A 4871 - December 11, 1998

A 4871 - December 11, 1998
P&S 4435

TO: ALL PARTICIPANTS

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

SUBJECT: CHANGES IN THE LIST OF PARTICIPANTS

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

Effective Immediately:

Chase Manhattan Bank No. 2034
Chase Manhattan Bank/Corrospondent Clearing Services No. 2301

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

Last Trade Date, December 8, 1998:

Tocqueville Securities L.P./Trautman Kramer Value Plus Fund No. 5456

Last Trade Date, December 8, 1998:

Hilliard (J.J.B.) Lyons (W.L.), Inc. No. 5824

An additional number has been assigned to Provident Distributors, Inc.(#5882) for the purpose of using ACATS Fund/Serv, and the Fund/Serv and Networking systems as detailed below:

First Trade Date, December 9, 1998:

Provident Distributors Inc./Hilliard Lyons Fund No. 5824
Networking Code: HG
Contact: Phil Rinnander
Phone: (610) 260-6533

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

First Trade Date, December 9, 1998:

Dodge & Cox Funds No. 5483
Networking Code: 1U
Contact: Marian Baldauf
Phone: (415) 981-1710

Additional numbers have been assigned to State Street Bank and Trust Company (#2950) for the purpose of using the Fund/Serv and Networking systems as detailed below:

First Trade Date, December 10, 1998:

State Street Bank and Trust Company/Mentor No. 0483
Networking Code: 2D
Contact: Alisa Stephenson
Phone: (781) 796-2274

State Street Bank and Trust Company/Mainstay No. 0487
Networking Code: 2E
Contact: Alisa Stephenson
Phone: (781) 796-2274

The following firm will begin participation in the OTC Trade Comparison as detailed below:

Last Trade Date, December 14, 1998:

Maple Partners U.S.A., Inc. No. 0269
OTC Alpha Identifier MAPL

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

First Trade Date, December 10, 1998:

First Data Distributors, Inc./Galaxy Funds No. 4857
First Data Distributors, Inc./ CT & T Funds No. 5699
First Fund Distributors Inc./Rockhaven Fund No. 5611
First Fund Distributors Inc./Rockhaven Premier Dividend Fund No. 5612

Additional numbers have been assigned to Maxus Securities Corp. (#5499) for the purpose of using the Fund/Serv and Networking systems as detailed below:

First Trade Date, December 15, 1998:

Maxus Securities Corp./Berkshire Capital Holdings No. 5899
Networking Code: 1V
Contact: Greg Getts
Phone: (216) 687-1000

Maxus Securities Corp./The Boyle Funds No. 5486
Networking Code: 1X
Contact: Greg Getts
Phone: (216) 687-1000

The following firm will begin participation in the Fund/Serv and Networking system as a Third Party Administrator as detailed below:

First Trade Date, December 16, 1998:

The 401(K) Company No. 7108
Networking Code: C3
Contact: Holly Brandon
Phone: (512) 344-3054

UPDATE
OTC EXECUTED-BY LIST
MUNICIPAL BOND COMPARISON DIRECTORY

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

	Clearing Broker Identifiers		Executing Broker Identifiers
	Alpha	Numeric	Alpha	Numeric
Delete, Immediately:
Capital World Securities Corp.	WEDB	0103	CWSC
Cutter & Co.	ERNS	0233	CUTT
Lawrence (LT) & Co., Inc.	WEDB	0103	LAWR
Reich & Co., Inc.	FAHN	0571	RICH

Delete, Last Trade Date December 8, 1998:
Bench Securities Corporation	MSCO	0050	BNCH
Dominick & Dominick	MSCO	0050	DOMK

Add Immediately:
Amerest Securities, Inc.		0235	REST
Cutter & Co.	WEAT	0141	CUTT
Dabney Flanigan LLC	BSSC	0352	FLAN
Legacy Securities Corporation	PERS	0443	LEGA

Add, First Trade Date December 9, 1998:
Bench Securities Corporation	MONT	0773	BNCH
Dominick & Dominick	LWCO	0277	DOMK
Securities & Investment Planning Corp.	NEWB	0563	SPCC

Add, First Trade Date Demember 16, 1998:
Paradise Valley Securities	BTAB	0573	PARA
Point West Securities Inc.	BSSC	0352	PWSL

Add, First Trade Date January 4, 1999:
San Francisco Securities	PWJC	0221	SFSE

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

	Clearing Broker Identifiers		Executing Broker Identifiers
	Alpha	Numeric	Alpha	Numeric
Delete, Immediately:
Davidson (M.H.) & Co.	BSSC	0352	MHDC
Floor Broker Network, Inc	LEHM	0074	FBNW
SBS Financial Group, Inc.	LEHM	0074	WIPE

Delete, Last Trade Date December 8, 1998:
Levco Securities, Inc.	LEHM	0074	LEVN
Securities & Investment Planning Corp.	EDFM	0650	SPCC

Delete, Last Trade Date December 11, 1998:
BNY Clearing Services LLC	ECCC	0262	ECCC	0262
Maple Partners USA, Inc.	SILK	0501	MAPL

Delete, Last Trade Date December 15, 1998:
Paradise Valley Securities	SWST	0279	PARA

Add Immediately:
Davidson (M.H.) & Co. L.L.C	BSSC	0352	MHDC
Medallion Equities, Inc.		0235	MEQI
Premier Capital Management, Inc.		0235	PMCM
SBS Financial Group, Inc.	ERNS	0233	WIPE

Add, First Trade Date December 9, 1998:
Levco Securities, Inc.	PWJC	0221	LEVN

Add, First Trade Date December 14, 1998:
BNY Clearing Services LLC	BNYC	0262	BNYC	0262
Maple Partners U.S.A., Inc.	MAPL	0269	MAPL	0269

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

	Clearing Broker Identifiers		Executing Broker Identifiers
	Alpha	Numeric	Alpha	Numeric
Add Immediately:
Financial Asset Management Corp.	BSSC	0352	FAMM

Delete Immediately:
Walnut Street Securities	NFSC	0226	WNUT

The following firms have remitted Executed Networking Agreements during the week of December 7, 1998:

Perelman - Carley & Associates, Inc. - #8086

The following firms have remitted Retirement Account Transfer Agreements during the week of December 7, 1998:

Scudder Family of Funds - #5845
Investor Service Center Inc. - #5890

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