UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION

   Securities Exchange Act of 1934

   Release No. 40677 / November 13, 1998

   Administrative Proceeding

   File No. 3-9613

   In the Matter of

   HOWE, SOLOMON AND HALL

   AND CHRISTOPHER J. HALL

   Respondents.

   NOTICE OF PROPOSED PLAN OF DISGORGEMENT

   AND OPPORTUNITY FOR COMMENT BY NON-PARTIES

   Notice is given, pursuant to Rule 612 of the Commission's Rule of
   Practice (17 C.F.R. 201.612), that the staff of the Division of
   Enforcement has filed its Proposed Plan of Disgorgement ("Disgorgement
   Plan") with the United States Securities and Exchange Commission
   ("Commission"). In accordance with this notice, all interested parties
   are advised that the Disgorgement Plan may be obtained by submitting a
   written request to Glenn S. Gordon, Branch Chief, Securities and
   Exchange Commission, Southeast Regional Office, 1401 Brickell Avenue,
   Suite 200, Miami, Florida 33131. Further, all persons desiring to
   comment on the Disgorgement Plan may submit their views within 30 days
   of publication of this Notice, in writing, to the Office of the
   Secretary, Securities and Exchange Commission at 450 Fifth Street,
   N.W., Washington, D.C. 20549.

   Pursuant to an Order entered by the Commission on May 28, 1998, Howe,
   Solomon & Hall ("HSH") paid the Commission disgorgement and
   prejudgment interest of $135,412. The disgorgement figure represents
   ill-gotten gains, and prejudgment interest thereon, that HSH received
   as a result of undisclosed excessive markups in its sales of certain
   municipal bonds from September 7, 1994, through October 12, 1994. The
   Disgorgement Plan provides for the HSH customers identified on the
   attached Exhibit A to receive disgorgement and prejudgment interest
   funds in the amounts indicated on Exhibit A.
   By the Commission