ARTHUR
                          ANDERSEN



November 11, 1996



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549




We have read a draft of Quantum Financial Holdings, Inc.'s
disclosure related to our resignation as their independent
accountants and we concur there has been no disagreement with us
on any matters of accounting principles or practices, financial
statement disclosure, auditing scope or procedures, and that we
did not issue an adverse or qualified opinion on the financial
statement of Quantum for the years ending December 31, 1995 or
1994.

If you have any questions do not hesitate to give Jim Nace a call
at (410) 234-3805.



Very truly yours,


/s/ Arthur Andersen