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To: Bobby Yellin who wrote (3231)	11/17/1997 9:16:00 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 116822

You have to ask, who is responsible for this? And why?>>-THE COMEX DIVISION OF NYMEX TODAY reported that Swiss Bank Corp., who will cease to act as a Licensed Depoistory for the storage of gold and silver deliverable against COMEX's gold and silver futures contracts on Nov. 21, 1997, has informed the exchange that Swiss Bank has been incorrectly reporting the amount of gold and silver eligible for delivery against the respective contracts. Due to an error in reporting stocks, the Metal Warehouse Statistics from the close of business on Nov. 13 incorrectly showed a total of 3,811,872 troy ounces of silver and 75,284 troy ounces of gold at Swiss Bank Corp. The actual total was 335,203 troy ounces of silver and 43,696 troy ounces of gold. Today's inventory report, dated Nov. 14, 1997, correctly reflects the transfer of all Swiss Bank Corp. gold and silver inventories to Republic National Bank.

To: Bobby Yellin who wrote (3231)	11/17/1997 4:35:00 PM
From: lorne	Read Replies (2) \| Respond to of 116822

Hi Bobby Wonder if our banks will have their turn Hokkaido Takushoku fails/Becomes 1st major commercial bank to go belly up ------------------------------------------------------------------------ Yomiuri Shimbun The Bank of Japan on Monday extended to Hokkaido Takushoku Bank an unsecured loan estimated at 600 billion yen, according to banking sources. The loan, offered without requiring collateral, was granted by the central bank based on Article 25 of the Bank of Japan Law, which stipulates that the central bank may make such loans to protect the nation's financial stability. The last time the central bank extended such a loan was when Hanwa Bank, a second-tier regional bank based in Wakayama, went bankrupt last November. The Bank of Japan has also announced its intention to extend an unsecured loan to Kyoto Kyoei Bank, another second-tier regional bank, which declared bankruptcy on Oct. 14, but the measure has yet to be implemented.