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	228	1	$1,208.1
2	Ehlers & Associates	199	2	659.5
3	Evensen Dodge, Inc.	196	3	1,480.4
4	First Southwest Company	195	4	1,970.4
5	Public Financial Management Inc.	136	5	3,543.0
6	Dain Rauscher Incorporated	98	6	1,136.5
7	Fleet Securities, Inc.	91	7	1,086.2
8	Stauder Barch & Associates	91	8	564.9
9	Fiscal Advisors & Marketing Inc.	88	9	416.0
10	U.S. Bancorp Piper Jaffray Inc.	85	10	1,228.0
11	Robert W. Baird & Co. Incorporated	77	11	314.9
12	Bernard P. Donegan, Inc.	75	12	387.2
13	Speer Financial, Inc.	74	13	382.8	5.17
14	Southwest Securities Incorporated	64	14	484.5
15	George K. Baum & Company, Inc.	60	15	439.7
16	Ross, Sinclaire & Associates, Inc.	51	16	254.5
17	New York Municipal Advisors Corp	50	17	417.6
18	Fiscal Services Inc.	46	18	458.4
19	Zions First National Bank	40	19	1,205.9
20	Public Resources Advisory Group	39	20	5,012.1
21	Kelling, Northcross & Nobriga	34	21	548.3
22	JJB Hilliard, WL Lyons, Inc.	34	22	249.7
23	R. V. Norene & Associates, Inc.	33	23	236.9
24	Seattle-Northwest Securities Corp.	32	24	1,869.3
25	Morgan Keegan & Co., Inc.	29	25	251.7
26	Regional Financial Advisors, Inc.	24	26	408.5
27	Government Financial Strategies, Inc.	23	27	249.7
28	A.G. Edwards & Sons, Inc.	22	28	287.8
29	P.G. Corbin & Company	17	29	1,603.9
30	A.G. Edwards & Sons, Inc.	12	30	1,477.5
31	Willam R. Hough & Co.	12	31	271.6
32	Susan D. Musselman, Inc.	12	32	253.5
33	BB&T Capital Markets	11	33	788.9
34	Estrada Hinojosa & Company Inc.	11	34	277.7
35	H. C. Wainwright & Co.	11	35	229.2
36	Hobbs Ong & Associates	10	36	249.5
37	O'Brien Partners, Inc.	7	37	566.7
38	Municipal Capital Management	7	38	395.1
39	CSG Advisors Incorporated	7	39	342.7
40	Whelan Financial Group Inc.	7	40	295.3
41	C.M. de Crinis & Co., Inc.	7	41	268.4
42	Municipal Capital Management	6	42	322.3
43	Charles A. Bell Securities Corp.	3	43	445.6
44	Blount Parrish Roton, Inc.	2	44	252.1
45	Siebert Brandford Shank & Co.	2	45	250.0
46	Lazard Freres & Co.	2	46	250.0
47	National City Bank	1	47	397.0
48	First American Municipals, Inc.	1	48	300.0
49	Public Sector Group, Inc.	1	49	298.7
50	Porter, White & Co., Inc.	1	50	250.0
	Source: Thomson Financial Securities Data Company Note: Full Credit to each Financial Advisor