About Speer Financial

National Financial Advisor Rankings:
Competitive Tax-Exempt Long-Term New Issues: 1999

	Financial Advisors	# of Issues	Rank Activity	Principal Amount (000,000)	Average Principal Amount (000,000)
1	Springsted Incorporated	306	1	$1,532.5
2	Evensen Dodge, Inc.	280	2	2,962.4
3	Ehlers & Associates	256	3	763.4
4	Public Financial Management Inc.	228	4	5,794.2
5	First Southwest Company	183	5	1,925.2
6	Piper Jaffray Inc.	129	6	1,037.7
7	Dain Rauscher Incorporated	124	7	2,153.0
8	Speer Financial, Inc.	110	8	452.6	4.11
9	Southwest Securities Incorporated	105	9	579.5
10	Ross, Sinclaire & Associates, Inc.	101	10	406.9
11	PNC Capital Markets	96	11	485.1
12	Fleet Securities	87	12	794.0
13	Stauder Barch & Associates	82	13	617.6
14	Fiscal Advisors & Marketing, Inc.	78	14	378.6
15	Robert W. Baird & Co. Incorporated	66	15	286.2
16	Munistat Services, Inc.	59	16	295.2
17	New York Municipal Advisors Corp	55	17	282.2
18	Kelling, Northcross & Nobriga	47	18	761.1
19	Fiscal Services	42	19	535.7
20	Morgan Keegan & Co., Inc.	41	20	272.6
21	Public Resources Advisory Group	40	21	6,046.1
22	Zions First National Bank	39	22	1,822.2
23	Grant Street Advisors	37	23	663.0
24	BankBoston	36	24	296.0
25	Government Financial Strategies, Inc.	33	25	298.4
26	A.G. Edwards & Sons, Inc.	23	26	381.1
27	Seattle-Northwest Securities	23	27	1,246.4
28	Peacock, Hislop, Staley & Given, Inc.	19	28	344.3
29	Willam R. Hough	18	29	387.5
30	Estrada Hinojosa & Company Inc.	18	30	743.5
31	Hobbs Ong & Associates	17	31	486.6
32	Wachovia Bank	16	32	540.5
33	Stone & Youngberg	15	33	607.4
34	Regional Financial Advisors, Inc.	14	34	358.6
35	Commerce Capital Markets	14	35	477.4
36	Municipal Advisory Partners	12	36	483.1
37	Fidelity Financial Services	12	37	553.9
38	First Union Capital Markets	12	38	713.0
39	P.G. Corbin & Company	12	39	1,037.7
40	Craigie Incorporated	11	40	443.2
41	O'Brien Partners Inc.	11	41	544.6
42	Government Finance Group Inc.	10	42	297.3
43	C.M. de Crinis & Co., Inc.	9	43	337.3
44	Siebert, Brandford, Shank & Co.	9	44	1,475.0
45	Lazard Freres & Co.	8	45	1,349.0
46	Municipal Capital Management	6	46	288.4
47	Regions Investment Co., Inc.	6	47	379.3
48	Tucker Anthony, Inc.	3	48	359.5
49	E.J. De La Rosa & Co. Inc	3	49	576.8
50	Fairmont Capital Advisors	1	50	700.0
	Source: Thomson Financial Securities Data Company Note: Full Credit to each Financial Advisor