FOR IMMEDIATE RELEASE
97-100



             FEE RATE ADVISORY - NOVEMBER 10 UPDATE
                                


Washington, D.C., November 10, 1997 - The current continuing
resolution has been extended.  As a result of this extension, the
fee rate for Section 6(b) filings will remain at the current rate
of 1/33rd of one percent of the aggregate offering amount.  This
fee is calculated by dividing the aggregate offering amount by
3300.

This rate will be in effect until the pending appropriations bill
is enacted or another continuing resolution is enacted.  When the
pending appropriations bill is enacted, the fee rate will be
decreased to $295 per $1,000,000 (pro rated for amounts less than
$1,000,000).  This fee will be calculated by multiplying the
aggregate offering amount by .000295.

The Commission will issue further notices as appropriate to keep
filers and registrants informed of developments affecting the
Section 6(b) fee rate.  This information will be posted at the
SEC's internet address 

             http://www.sec.gov

In the interim, filers and registrants should contact the Office 
of Filings and Information Services, Filer Support Unit at 
(202) 942-8900 if they have any questions.

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