1                                                                                                                                    
0                                                             TABLE C-4                                                              
                                                      CORPORATE TRUST ACTIVITIES                                                     
                                                15 LARGEST MUTUAL FUND TRANSFER AGENTS                                               
                                                         BY NUMBER OF ISSUES                                                         
                                                          DECEMBER 31, 1996                                                          
-                                                                                             NUMBER OF                              
                         SEQ   NAME OF INSTITUTION                                             ISSUES                                
+                        ___   ____________________________________________________________   _________                              
                                                                                                                                     
                          1    PNC National Bank                                                    547                              
                               WILMINGTON, DE                                                                                        
                                                                                                                                     
                          2    Firstar Trust Company                                                240                              
                               MILWAUKEE, WI                                                                                         
                                                                                                                                     
                          3    Investors Bank & Trust Company                                       136                              
                               BOSTON, MA                                                                                            
                                                                                                                                     
                          4    Putnam Fiduciary Trust Company                                        79                              
                               BOSTON, MA                                                                                            
                                                                                                                                     
                          5    The Bank of New York                                                  45                              
                               NEW YORK CITY, NY                                                                                     
                                                                                                                                     
                          6    The Northern Trust Company                                            35                              
                               CHICAGO, IL                                                                                           
                                                                                                                                     
                          7    Norwest Bank Minnesota, National Association                          32                              
                               MINNEAPOLIS, MN                                                                                       
                                                                                                                                     
                          8    Rushmore Trust and Savings, FSB                                       15                              
                               BETHESDA, MD                                                                                          
                                                                                                                                     
                          9    The Fifth Third Bank                                                  13                              
                               CINCINNATI, OH                                                                                        
                                                                                                                                     
                         10    Banco Popular de Puerto Rico                                           6                              
                               SAN JUAN, PR                                                                                          
                                                                                                                                     
                         11    Pasadena National Trust Company                                        6                              
                               PASADENA, CA                                                                                          
                                                                                                                                     
                         12    The First National Bank & Trust Company of Rochelle                    3                              
                               ROCHELLE, IL                                                                                          
                                                                                                                                     
                         13    The Newton Trust Company                                               1                              
                               NEWTON, NJ                                                                                            
                                                                                                                                     
                         14    Fleet Bank of Maine                                                    0                              
                               PORTLAND, ME                                                                                          
                                                                                                                                     
                         15    State Street Bank and Trust Company                                    0                              
                               BOSTON, MA