About Speer Financial

Financial Advisor Rankings:
Illinois Competitive Tax-Exempt Long-Term New Issues: 1996

	Financial Advisors	# of Issues	Rank Activity	Principal Amount (000,000)
1	Speer Financial, Inc.	80	1	$397.10
2	R.V. Norene & Associates	34	2	168.40
3	Ponder & Co.	25	3	773.60
4	Robert W. Baird & Co. Incorporated	15	4	58.80
5	Associated Municipal Consultants, Inc.	12	5	63.40
6	Thomas & Davis Inc.	11	6	291.80
7	A.C. Advisory	5	7	1,149.70
8	Northern Trust Company	5	7	402.70
9	Grigsby Brandford & Co., Inc.	3	9	1,120.50
10	Dougherty Dawkins, Inc.	3	9	159.30
11	Starmann, Starshak & Welnhofer	3	9	79.90
12	First Chicago Capital Markets	3	9	15.90
13	Bear, Stearns & Co.	2	13	634.20
14	Public Sector Advisory Group	2	13	634.20
15	Midwest Management Consultants, Inc.	2	13	254.00
16	Padolfi, Topolski, Weiss and Company	2	13	133.70
17	Banc One Capital Corp	2	13	8.40
18	A.G. Edwards & Sons, Inc.	2	13	7.40
19	First Midstate Investment Corp.	2	13	5.30
20	Bank of America NT&SA	1	20	148.30
21	Morgan Stanley & Co. Incorporated	1	20	77.90
22	Capital Advisors, Inc.	1	20	33.20
23	Kaufmann Hall & Associates, Inc.	1	20	29.90
24	Cap Advisors Inc	1	20	17.70
25	Kaplan Financial Consulting, Inc.	1	20	14.20
26	John Nuveen & Co.	1	20	8.90
27	ABN AMRO Securities Group	1	20	7.00
28	Municipal Financial Consulting Services, Inc.	1	20	5.60
29	Life Management Systems, Inc.	1	20	4.60
30	JK Associates	1	20	4.10
31	Schorb, Brinkmann & Co. Ltd.	1	20	3.00
32	WM Financial Strategies	1	20	2.90
33	FFG Investment, Inc.	1	20	2.40
34	Municipal Consultants	1	20	2.10
35	Crystal Financial Consultants, Inc.	1	20	0.80
36	Provident Capital Resources Corporation	1	20	0.80
	Totals	230		$6,721.70
	Speer Financial, Inc.'s Percent of Total Volume	34.78%
	Source: Thomson Financial Securities Data Company Note: Full Credit to each Financial Advisor