TABLE C-4
                                                     CORPORATE TRUST ACTIVITIES
                                               15 LARGEST MUTUAL FUND TRANSFER AGENTS
                                                        BY NUMBER OF ISSUES
                                                         DECEMBER 31, 1997
                                                                                             NUMBER OF
                        SEQ   NAME OF INSTITUTION                                             ISSUES
                        ___   ____________________________________________________________   _________

                         1    PNC Bank, Delaware                                                   686
                              WILMINGTON, DE

                         2    Firstar Trust Company                                                279
                              MILWAUKEE, WI

                         3    Investors Bank & Trust Company                                       172
                              BOSTON, MA

                         4    Dean Witter Trust FSB                                                113
                              JERSEY CITY, NJ

                         5    Putnam Fiduciary Trust Company                                        84
                              BOSTON, MA

                         6    The Bank of New York                                                  50
                              NEW YORK CITY, NY

                         7    Wells Fargo Bank, National Association                                41
                              SAN FRANCISCO, CA

                         8    Norwest Bank Minnesota, National Association                          39
                              MINNEAPOLIS, MN

                         9    The Northern Trust Company                                            37
                              CHICAGO, IL

                        10    The Chase Manhattan Bank                                              30
                              NEW YORK CITY, NY

                        11    Rushmore Trust and Savings, FSB                                       18
                              BETHESDA, MD

                        12    The Fifth Third Bank                                                  13
                              CINCINNATI, OH

                        13    Bowling Green Bank & Trust Company, National Association               8
                              BOWLING GREEN, KY

                        14    Banco Popular de Puerto Rico                                           8
                              SAN JUAN, PR

                        15    Pasadena National Trust Company                                        6
                              PASADENA, CA