MAY 1989-DEC. 1993*
                            NUMBER  $ MILLIONS
      PRUDENTIAL SECURITIES     22      $5.7
      SHEARSON LEHMAN           27       3.2
      PAINEWEBBER                9       2.6
      MERRILL LYNCH              6       2.1
      DEAN WITTER REYNOLDS      14       2.1
      BEAR STEARNS               4       1.2
      RAYMOND JAMES              5        .4
      KIDDER PEABODY             4        .3
      * Latest available data
      DATA: SECURITIES ARBITRATION COMMENTATOR
      RAY VELLA/BW
      
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