LIFE MEMBER LIQUID ASSETS
FYE MAY 30, 1997

		Balance	Balance	Balance
ACCOUNT NAME		29-Feb-96	30-Jun-96	28-Feb-97
-------------------------		------------------------	------------------------	------------------------
KEY TRUST CASH AND MM ACCOUNTS		$0	$0	$0
KEY TRUST BOND FUNDS		$0	$0	$0
KEY TRUST EQUITY FUNDS		$0	$0	$0
KEY TRUST SUB-TOTAL		$0	$0	$0
MERRILL LYNCH MM #1		$172,042	$90	$94
		------------------------	------------------------	------------------------
TUCKER ANTHONY CASH & MM ACCOUNTS		$294,396	$10,456	$55,134
TUCKER ANTHONY GOVERNMENT SECURITIES		$519,647	$522,544	$522,544
TUCKER ANTHONY CORPORATE SECURITIES		$326,092	$290,073	$290,072
TUCKER ANTHONY SUB-TOTAL		$1,140,135	$823,072	$867,750
MUTUAL FUND ACCOUNTS			501,025	533,997
		------------------------	------------------------	------------------------
ACTUAL CASH IN LIFE MEMBER ACCOUNTS		$1,312,177	$1,324,188	$1,401,840
		=============	============	============
BEGINNING BALANCE @ JULY 1st		$1,263,285	$1,263,285	$1,328,713
PLUS: DEFERRED REVENUE
LIFE MEMBER		$1,615	$3,548	$2,740
SUSTAINING		$3,153	($230)	$3,995
		------------------------	------------------------	------------------------
TOTAL DEFERRED REVENUE - CURRENT MONTH		$4,768	$3,318	$6,735
TOTAL DEFERRED REVENUE - YEAR-TO-DATE		$44,974	$65,429	$44,862
		------------------------	------------------------	------------------------
TOTAL LIFE MEMBER LIQUID ASSETS		$1,308,259	$1,328,713	$1,373,575
LESS: ACTUAL CASH IN LIFE MEMBER ACCOUNTS		$1,312,177	$1,324,188	$1,401,840
		------------------------	------------------------	------------------------
DISBURSEMENT NEEDED BY OPERATING TO L.M. ASSETS		($3,919)	$4,526	($28,265)
		=============	============	============

© 1996 by the United States Chess Federation - All Rights Reserved
*Hosted by Internet Chess Club*