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<DIV><FONT color=#000000 size=2>Here is what is happening around the 
world:</FONT></DIV>
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            <H2><NOBR>World Equity Indices</NOBR><BR><FONT size=-1><STRONG>Mon, 
            27 Oct 1997, 6:46am EST </STRONG></FONT></H2>
            <P><NOBR><A 
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            <H3>North/Latin America</H3><PRE>                                           Value   Net Chg   Pct Chg   Date
INDU     DOW JONES INDUS. AVG            7715.41   -132.36     -1.69  10/24
SPX      S&amp;P 500 INDEX                    941.64     -9.05      -.95  10/24
CCMP     NASDAQ COMB COMPOSITE IX        1650.92    -20.33     -1.22  10/24
TS300    TSE 300 Index                   7033.49    -40.31      -.57  10/24
MEXBOL   MEXICO BOLSA INDEX              4920.06   -138.67     -2.74  10/24</PRE>
            <H3>Europe/Africa</H3><PRE>                                           Value   Net Chg   Pct Chg   Date
UKX      FT-SE 100 Index                 4887.40    -82.80     -1.67   6:11
CAC      CAC 40 INDEX                    2771.71    -77.32     -2.71   6:41
DAX      DAX INDEX                       3888.77   -162.10     -4.00   6:41
IBEX     IBEX 35 INDEX                   6380.46   -224.29     -3.40   6:21
MIB30    MILAN MIB30 INDEX              23300.00    -74.00      -.32  10/24
BEL20    BEL20 INDEX                     2259.12    -46.01     -1.99   6:21
AEX      AMSTERDAM EXCHANGES INDX         859.79    -31.56     -3.54   6:41
SMI      SWISS MARKET INDEX              5556.70   -132.80     -2.33   6:41</PRE>
            <H3>Asia/Pacific</H3><PRE>                                           Value   Net Chg   Pct Chg   Date
NKY      NIKKEI 225 INDEX               17038.36   -325.38     -1.87   1:03
HSI      HANG SENG  STOCK INDEX         10498.20   -646.14     -5.80   3:02
AS30     ASX ALL ORDINARIES INDX         2477.00    -84.30     -3.29   0:06
STI      SING: STRAITS TIMES INDU        1619.90     +2.09      +.13   4:01</PRE></TD></TR></TBODY></TABLE>Regards</FONT></DIV>
<DIV><FONT color=#000000 size=2>Denis</FONT></DIV></BODY></HTML>
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