TABLE B-1
                               RECAP OF COLLECTIVE INVESTMENT  FUND ACTIVITY BY CLASS OF INSTITUTION
                                                        DECEMBER 31, 1997
CLASS OF INSTITUTION                       INSTITUTIONS       ----------------COLLECTIVE INVESTMENT FUNDS----------------
                                            OPERATING            NUMBER               CIF                NUMBER
                                              CIF'S                OF                ASSETS                OF
                                           (SCHEDULE B)           CIF'S               (000)             ACCOUNTS
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BANKS AND TRUST COMPANIES                           315              3,162     $1,160,434,639           1,083,665
(INSURED AND NONINSURED)
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BANKS AND TRUST COMPANIES                           258              2,301        752,972,276             934,047
(INSURED)
COMMERCIAL BANKS:                                   257              2,292        752,682,989             932,123
  NATIONAL                                          141              1,117        186,076,870             557,954
  STATE (FRB MEMBERS)                                50                804        523,526,466             309,824
  STATE (NON FRB MEMBERS)                            66                371         43,079,653              64,345
SAVINGS BANKS                                         1                  9            289,287               1,924
OTHER INSURED OFFICES                                 0                  0                  0                   0
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BANKS AND TRUST COMPANIES                            57                861        407,462,363             149,618
(NONINSURED)
NONDEPOSIT TRUST COMPANIES                           56                860        407,042,216             149,377
  NATIONAL                                           26                574        380,129,875             115,635
  STATE (FRB MEMBERS)                                 1                  6            164,299                 559
  STATE (NON FRB MEMBERS)                            29                280         26,748,042              33,183
OTHER NONINSURED BANKS                                1                  1            420,147                 241
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ALL OTS INSTITUTIONS                                  1                  1                551                 180
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SUPERVISED INSTITUTIONS                               1                  1                551                 180
(INSURED)
  SAVINGS BANKS                                       1                  1                551                 180
  SAVINGS & LOAN ASSOC.                               0                  0                  0                   0
AFFILIATED INSTITUTIONS                               0                  0                  0                   0
(NONINSURED)
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TOTAL INSTITUTIONS                                  316              3,163      1,160,435,190           1,083,845
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