UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]: Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Segall Bryant & Hamill
Address: 10 South Wacker Drive, Suite 2150
Chicago, IL 60606-7407
13F File Number: 28-3381
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Ralph M. Segall
Title: Managing Director
Phone: (312) 474-4110
Signature, Place and Date of Signing:
/s/ Ralph M. Segall Chicago, Illinois Date: 8/12/99
Ralph M. Segall
Report type: (Check only one.):
[ X ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of other Managers Reporting for this Manager: None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 317
Form 13F Information Table Value Total: $1,420,071,995
List of Other Included Managers: None
<PAGE>
<TABLE>
<CAPTION>
Form 13F As of 06/30/99
Name of Reporting Manager:
Segall Bryant & Hamill Investment Counsel
---------------------------------
(SEC) Use Only
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Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8: Voting Authority
Invesment Discretion Discretion
- ------------------------------------------------------------------------------------------------------------------------------------
Name of Issuer Title of Class Cusip Fair Market Shares of (a) (b) (c) Managers (a) (b) (c)
Number Value Principal Sole Share as Shared see Sole Shared None
Amt defined in Other Instr. V
Instr.V
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
20th Century -Common Stock 901272203 203,500 11,000 x - 11,000
Industries
A T & T CORP -Common Stock 001957109 5,010,170 89,769 x 112 - 89,657
Abbott Labs -Common Stock 002824100 50,956,307 1,123,004 x 180,611 - 909,193
ACNielsen -Common Stock 004833109 519,604 17,177 x - 17,177
Corporation
Aegon N.V. -Common Stk P2 007924103 468,687 6,339 x - 6,339
- American Reg Shr
Aflac Inc -Common Stock 001055102 387,692 8,098 x 1,950 - 6,148
Air Products & -Common Stock 009158106 251,402 6,246 x - 6,246
Chemicals Inc
Albertsons Inc -Common Stock 013104104 329,997 6,400 x - 6,400
Allergan Inc -Common Stock 018490102 614,607 5,537 x - 5,537
Allied Signal Inc -Common Stock 019512102 848,484 13,468 x - 13,468
Allstate Corp -Common Stock 020002101 13,072,384 364,387 x 89,600 - 274,787
Alltel Corp -Common Stock 020039103 426,984 5,972 x 92 - 5,880
Alza Corporation -Common Stock 022615108 265,975 5,228 x - 5,228
American Architect- -Common Stk P0 023857105 25,000 10,000 x - 10,000
ural Products Corp
American Bankers -Common Stock 024456105 1,518,792 27,900 x - 27,900
Ins Group
American Classic -Common Stock 024928103 828,000 34,500 x - 34,500
Voyager Co
American Electric -Common Stock 025537101 267,362 7,118 x - 7,118
Power Company
American Express -Common Stock 025816109 1,681,605 12,923 x - 12,923
American Home -Common Stock 026609107 964,589 16,812 x - 16,812
Products
American -Common Stock 026874107 13,793,407 117,641 x 27,262 - 81,879
International Group Inc
Ameritech Corp New -Common Stock 030954101 2,610,132 35,512 x - 35,512
Amgen Inc -Common Stock 031162100 304,375 5,000 x - 5,000
Amli Residential -Common Stock 001735109 208,647 9,325 x - 9,325
Ppop Trust
Andrew Corporation -Common Stk P0 034425108 200,581 10,592 x - 10,592
Anheuser Busch -Common Stock 035229103 302,192 4,260 x - 4,260
AON Corp -Common Stock 037389103 7,786,886 188,773 x 4,050 - 184,723
Applied Materials -Common Stock 038222105 317,663 4,300 x - 4,300
Inc
Applied Power Inc -Common Stock 038225108 17,814,662 652,265 x 156,950 - 458,615
Cl A
Aptar Group Inc -Common Stock 038336103 14,023,980 467,466 x 144,400 - 273,066
Archstone -Common Stock 039581103 4,958,552 226,036 x 5,669 - 220,367
Communities Trust
Asia Pulp & Paper -Common Stk P1 04516V100 131,863 13,700 x - 13,700
Company Ltd
Associated Group -Common Stk P0 045651106 544,445 8,360 x - 8,360
Inc Cl A
Associated Group -Common Stk P0 045651205 602,719 9,246 x - 9,246
Inc Cl B
AT&T-Liberty -Common Stk P0 001957208 5,680,889 154,582 x 22,522 - 132,060
Media Group
Atlantic Richfield -Common Stock 048825103 648,190 7,757 x - 7,757
Co
Automatic Data -Common Stock 053015103 885,544 20,126 x - 20,126
Processing
Avery-Dennison Corp -Common Stock 053611109 13,085,738 216,741 x 75,300 - 116,641
Avon Products Inc -Common Stock 054303102 299,700 5,400 x - 5,400
Bank International -Common Stock 062990114 337,528 63 x - 63
Bank of America Corp -Common Stock 060505104 6,549,767 89,341 x - 89,341
Bank of New York Co -Common Stock 064057102 293,496 8,000 x - 8,000
Bank One Corp -Common Stock 06423A103 683,117 11,469 x - 11,469
Baxter Interna- -Common Stock 071813109 12,521,245 206,536 x 64,900 - 125,136
tional Inc.
BC Bank Shares -Common Stock 055390108 346,800 17,340 x - 17,340
Beckman Coulter -Common Stock 075816108 279,934 5,757 x - 5,757
Bell Atlantic Corp -Common Stock 077853109 934,235 14,290 x - 14,290
Bellsouth Corp -Common Stock 079860102 1,711,791 37,112 x 1,000 - 36,112
Berkshire Hathaway -Common Stock 084670108 3,927,293 57 x 30 - 27
Inc - Class A -
Berkshire Hathaway -Common Stk P0 084670207 1,397,760 624 x - 624
Inc Class B
Berkshire Realty -Common Stock 084710102 163,994 14,184 x - 14,184
Company
Biocontrol -Common Stock 090586108 5,409 75,130 x - 75,130
Technology Inc
Biogen Inc -Common Stk P0 090597105 6,840,224 106,360 x 29,600 - 76,760
Biomet Inc -Common Stock 090613100 11,780,986 296,377 x 89,900 - 206,477
BJ's Wholesale -Common Stock 05548J106 11,458,191 381,152 x 128,900 - 252,252
Club Inc.
Black Hills Corp -Common Stock 092113109 291,375 12,600 x - 12,600
Blyth Industries Inc-Common Stk P0 09643P108 5,550,500 163,250 x 45,300 - 117,950
Boeing Co -Common Stock 097023105 288,112 6,548 x - 6,548
BP Amoco Plc -Common ADR P4 055622104 12,272,544 113,111 x 12,156 - 87,155
Bristol Myers -Common Stock 110122108 7,234,443 102,708 x 7,800 - 94,908
Squibb Co
Browning Ferris -Common Stock 115885105 219,300 5,100 x - 5,100
Budget Group Inc. -Common Stk P0 119003101 147,375 11,970 x - 11,970
Cl A
Buenos Aires Embot -Common ADR P4 NA0915 38,634 38,634 x - 38,634
ADR F
Canadian Oil Sands -Common Stock 135922102 259,050 11,000 x - 11,000
Trust-UTS
Capital Southwest -Common Stk P2 140501107 320,000 4,000 x - 4,000
Corporation
Cardinal Health Inc -Common Stock 14149Y108 221,808 3,459 x - 3,459
Carver Corp - Wash -Common Stk P0 146881107 2,856 10,200 x - 10,200
Caterpillar Inc -Common Stock 149123101 549,497 9,158 x 150 - 9,008
Cedar Fair LP -Common Stk P2 150185106 3,541,054 142,000 x - 142,000
Cendant Corporation -Common Stock 151313103 230,523 11,245 x - 11,245
Ceridian Corp -Common Stk P2 15677T106 30,656,974 937,895 x 239,300 - 52,695
Charter One Financial-Common Stk P2 160903100 3,056,205 109,888 x 35,975 - 73,913
Inc
Chase Manhattan Corp-Common Stock 16161A108 491,320 5,680 x - 5,680
Checkpoint Systems -Common Stock 162825103 89,370 10,000 x - 10,000
Inc
Chevron Corp -Common Stock 166751107 693,477 7,295 x - 7,295
Church & Dwight -Common Stock 171340102 217,500 5,000 x - 5,000
Cigna Corp -Common Stock 125509109 453,900 5,100 x - 5,100
Cincinnati -Common Stock 172062101 311,765 8,300 x 1,200 - 7,100
Financial Corp
Cinergy Corp -Common Stock 172474108 332,832 10,401 x - 10,401
Cintas Corp -Common Stk P1 172908105 1,635,197 24,338 x - 24,338
Circuit City Stores--Common Stock 172737108 437,100 4,700 x - 4,700
Circuit Cty Group
Cisco Systems Inc -Common Stock 17275R102 17,133,231 266,408 x 19,550 - 238,958
Citigroup -Common Stock 172967101 1,786,261 37,605 x - 37,605
Coca Cola -Common Stock 191216100 4,438,766 71,593 x 700 - 70,893
Cohen & Steers Realty-Common Stock 19247P107 103,235 11,969 x - 11,969
Income Fund
Colgate Palmolive -Common Stock 194162103 1,097,586 11,143 x - 11,143
Company
Comcast Cl A -Common Stock 200300101 533,885 14,908 x - 14,908
Comcast Cl A Spl -Common Stock 200300200 11,810,422 307,267 x - 307,267
Comerica Inc -Common Stock 200340107 295,818 4,977 x - 4,977
Concord EFS Inc. -Common Stk P0 206197105 7,793,659 184,195 x 52,600 - 131,595
Corus Bankshares Inc-Common Stock 220873103 449,567 14,132 x - 14,132
Cox Communications -Common Stk P0 224044107 264,237 7,178 x - 7,178
Inc Cl A
Dayton Hudson -Common Stock 239753106 954,590 14,686 x - 14,686
Dean Foods -Common Stock 242361103 586,315 14,107 x - 14,107
Dell Computer -Common Stk P0 247025109 282,236 7,628 x - 7,628
Corporation
Delphi Automotive -Common Stk P0 247126105 233,129 12,602 x - 12,602
Systems
Dentsply -Common Stock 249030107 8,181,962 283,358 x 82,000 - 201,358
International Inc
Diasense Inc -Common Stock 252890108 380,625 101,500 x - 101,500
Disney Walt Co -Common Stock 254687106 9,867,142 320,237 x 34,400 - 285,837
Dollar General -Common Stock 256669102 20,571,840 709,374 x 171,884 - 502,990
Donaldson Co Inc -Common Stock 257651109 558,600 22,800 x - 22,800
Dover Corp -Common Stock 260003108 1,823,255 52,093 x - 52,093
Dow Chemical Co -Common Stock 260543103 272,781 2,150 x - 2,150
Du Pont E I -Common Stock 263534109 959,784 14,050 x - 14,050
De Nemours & Co
Duke Energy -Common Stock 264399106 215,026 3,950 x - 3,950
Corporation
Dun & Bradstreet -Common Stock 26483B106 5,575,835 157,345 x - 157,345
Corp (New)
E-Tek Dynamics Inc. -Common Stk P0 269240107 261,591 5,500 x - 5,500
Earth Search -Common Stk P0 270313109 1,900 10,000 x - 10,000
Sciences Inc
Eastern American -Common Stock 276190113 2,370,960 36,000 x - 36,000
Energy
Eastman Kodak -Common Stock 277461109 408,465 6,029 x - 6,029
ECC International -Common Stk P0 268255106 39,370 10,000 x - 10,000
Corp
Ecolab Inc -Common Stock 278865100 327,188 7,500 x - 7,500
EMC Corporation/Mass-Common Stk P0 268648102 29,432,109 535,129 x 20,750 - 514,379
Emerson Electric -Common Stock 291011104 17,649,612 280,433 x 60,300 - 204,233
Endesa ADR -Common ADR P4 29258N107 446,250 21,000 x - 21,000
Enron Corp -Common Stock 293561106 26,412,530 323,089 x 84,922 - 225,867
Equifax Inc -Common Stk P2 294429105 11,754,370 329,374 x 115,600 - 213,774
Equity Office -Common Stock 294741103 755,938 29,500 x 3,900 - 25,600
Properties TR
Equity Residential -Common Stock 29476L107 1,852,048 41,100 x 14,500 - 26,600
Properties
Ericcson l M Tel Co -Common Stock 294821509 434,350 50,000 x - 50,000
Ericsson L M Tel Co -Common ADR P4 294821400 9,632,953 292,466 x 36,100 - 256,366
Sp ADR
Executive Telecard -Common Stk P0 301601100 28,750 10,000 x - 10,000
Ltd.
Executone -Common Stk P0 301607107 64,215 15,000 x - 15,000
Information Systems Inc
Exxon Corp -Common Stock 302290101 3,946,949 51,176 x 300 - 50,876
Fannie Mae -Common Stock 313586109 3,564,356 52,225 x 2,400 - 49,825
Fastenal Company -Common Stk P1 311900104 880,942 16,800 x 4,000 - 12,800
First Data Corp -Common Stock 319963104 11,997,346 245,159 x 47,956 - 197,203
First Union Corp -Common Stock 337358105 2,130,945 45,219 x 10,500 - 34,719
(N.C)
Firstar Corp New -Common Stock 33763V109 5,536,860 197,745 x 32,400 - 165,345
Fort Dearborn Inc -Common Stock 347200107 506,532 35,237 x - 35,237
Gabelli Asset . - -Common Stock 36239Y102 158,120 10,000 x - 10,000
Management Inc
Class A
General Binding -Common Stock 369154109 599,250 25,500 x - 25,500
Corp
General -Common Stk P0 369385109 142,716 21,000 x - 21,000
Communication -
Class A
General Electric Co -Common Stock 369604103 43,263,406 382,862 x 39,480 - 334,582
General Mills Inc -Common Stock 370334104 665,344 8,278 x - 8,278
General Motors -Common Stock 370442105 227,502 3,447 x - 3,447
Gillette Co -Common Stock 375766102 15,316,247 373,567 x 64,800 - 272,167
Glaxo Wellcome -Common ADR P2 37733W105 398,244 7,033 x - 7,033
PLC ADR
Goldman Sachs -Common Stock 38141G104 289,000 4,000 x - 4,000
Group Inc.
Graco Inc. -Common Stock 384109104 1,419,547 48,325 x 16,000 - 32,325
Grainger WW Inc -Common Stock 384802104 4,794,649 89,100 x 6,900 - 82,200
Grupo Televisa -Common Stock 40049J206 421,233 9,400 x - 9,400
SA GDR
GTE Corp -Common Stock 362320103 7,257,211 96,122 x 800 - 82,122
Hannaford Brothers -Common Stock 410550107 214,000 4,000 x - 4,000
Co
Harley-Davidson Inc -Common Stock 412822108 478,500 8,800 x - 8,800
Hartford Life Cl A -Common Stk P0 416592103 628,869 11,950 x 7,000 - 4,950
Hercules Inc -Common Stock 427056106 359,115 9,135 x - 9,135
Hewlett Packard -Common Stock 428236103 3,571,569 35,538 x 6,700 - 28,838
Hickory Tech Corp -Common Stock 429060106 539,785 48,520 x - 48,520
Home Depot Inc -Common Stock 437076102 28,441,268 441,381 x 40,950 - 377,131
Homestead Village -Common Stock 437851108 2,077,389 852,437 x 13,625 - 838,812
Inc
Honeywell Inc -Common Stock 438506107 7,618,781 65,750 x 29,050 - 36,700
Hong Kong & -Common Stk P2 438550303 80,640 57,600 x - 57,600
China Gas
Hong Kong -Common Stock 438580201 14,800 10,000 x - 10,000
Electric Hldgs
Household -Common Stock 441815107 1,045,140 22,061 x - 22,061
International Inc
Hubbell Inc Cl B -Common Stock 443510201 3,030,460 66,787 x - 66,787
Illinois Tool -Common Stock 452308109 39,839,555 487,334 X 47,400 - 421,634
Works Co
IMS Health Inc -Common Stk P0 449934108 7,892,125 252,548 x - 252,548
Infinity Broad- -Common Stk P0 45662S102 295,620 10,000 x - 10,000
casting Corp - Cl A
Insignia Systems -Common Stock 45765Y105 29,333 21,333 x - 21,333
Inc
Intel Corp -Common Stock 458140100 26,272,761 441,559 x 59,860 - 356,499
Intercapital - -Common Stk P12 45843U109 283,502 20,161 x - 20,161
Quality Municipal
Sec Fund
Interdigital -Common Stk P0 45866A105 45,000 10,000 x - 10,000
Comm Corp
International -Common Stock 459200101 8,253,388 63,856 x - 63,856
Business
Machines Inc
International -Common Stock 460254105 674,599 50,676 x - 50,676
Rectifier Corp
Interpublic Group -Common Stock 460690100 22,726,155 262,351 x 99,700 - 128,051
Co
Johnson & Johnson -Common Stock 478160104 29,034,264 296,268 x 22,100 - 263,968
Co
Jones Apparel Group -Common Stk P0 480074103 645,066 18,800 x - 18,800
Inc
JP Morgan -Common Stock 616880100 793,825 5,650 x - 5,650
Jupiter Networks -Common Stock 48203R104 447,000 3,000 x - 3,000
Inc.
Kaufman & -Common Stock 486168107 235,218 9,456 x - 9,456
Broad Home Corp
Kimberly Clark Corp -Common Stock 494368103 11,684,658 204,994 x 41,374 - 146,120
Kohls Corp -Common Stock 500255104 1,633,594 21,250 x - 21,250
Lehman Broths Hld -Common Stock 524908100 214,393 3,451 x - 3,451
Lilly Eli & Co -Common Stock 532457108 1,554,979 21,710 x 3,400 - 18,310
Lincoln Natl Corp -Common Stock 534187109 516,110 9,866 x - 9,866
Littelfuse Inc -Common Stk P0 537008104 13,473,037 699,898 x 202,700 - 445,298
Lucent Technologies -Common Stock 549463107 4,301,405 63,784 x 1,024 - 62,760
Inc
Marsh & McLennan -Common Stock 571748102 684,967 9,050 x - 9,050
Marshall & Ilsley -Common Stock 571834100 522,468 8,116 x - 8,116
Corp
Maytag Corp -Common Stock 578592107 321,135 4,600 x - 4,600
MBNA Corp -Common Stock 55262L100 1,147,941 37,484 x - 37,484
McDonalds Corp -Common Stock 580135101 2,451,544 59,612 x - 59,612
McGraw Hill -Common Stock 580645109 705,927 13,088 x - 13,088
MCI Worldcom Inc. -Common Stk P0 55268B106 22,332,659 259,495 x 43,050 - 204,845
Medtronic Inc -Common Stock 585055106 20,402,939 261,996 x 64,900 - 184,296
Mellon Bank Corp -Common Stock 585509102 13,568,384 373,014 x 107,100 - 224,714
Merchants Bancorp -Common Stock 588438101 214,312 7,654 x - 7,654
Inc
Merck & Co -Common Stock 589331107 15,689,635 213,102 x 7,364 - 192,138
Methode Electronics -Common Stock 591520200 670,238 29,300 x - 29,300
Cl A
MGIC Investment -Common Stock 552848103 18,921,300 389,127 x 126,375 - 242,152
Corp
Microsoft Corp -Common Stock 594918104 36,909,210 409,252 x 86,100 - 306,552
Miller Exploration -Common Stk P0 600533103 22,402 10,100 x - 10,100
Company
Minnesota Mining -Common Stock 604059105 3,058,183 35,177 x 40 - 35,137
and Manufacturing
Mobil Corp -Common Stock 607059102 1,491,125 15,100 x - 15,100
Molex Inc -Common Stock 608554101 2,122,838 57,374 x 6,463 - 50,911
Molex Inc Cl A -Common Stock 608554200 18,151,350 576,233 x 95,221 - 449,312
Monsanto -Common Stock 611662107 696,489 17,605 x - 17,605
Monsanto Company -Common Stk P0 611662305 401,250 10,000 x - 10,000
ACES
Motorola Inc. -Common Stock 620076109 3,588,562 37,874 x - 37,874
Muni Income -Common Stk P12 61745P452 159,294 17,106 x - 17,106
Opportunities Trust
National Australia -Common Stock 632525408 555,912 6,618 x - 6,618
Bank
Nationwide Health -Common Stock 638620104 703,388 36,900 x 5,800 - 31,100
Properties Inc
NCT Group Inc. -Common Stk P0 62888Q109 2,784 12,000 x - 12,000
Nestle SA Sponsored -Common ADR P4 641069406 450,077 4,987 x - 4,987
ADR
Nestle SA-Registered-Common Stk P1 NA7780 1,160,536 650 x - 650
SWf
New America High -Common Stk P12 641876107 103,779 23,062 x - 23,062
Income Fund
New Century -Common Stock 64352U103 1,274,703 32,843 x 1,700 - 31,143
Energies Inc
New England -Common Stock 643872104 9,015,037 291,985 x 110,100 - 181,885
Business Service
Newell Rubbermaid -Common Stock 651229106 2,914,854 62,854 x 9,300 - 53,554
Inc
Nielsen Media -Common Stock 653929307 1,206,286 41,241 x - 41,241
Research
Nippon Telegraph -Common Stk P2 654624105 438,375 7,000 x - 7,000
& Telephone
Nisource Inc. -Common Stock 65473P105 229,985 8,910 x - 8,910
North Fork -Common Stock 659424105 1,988,944 93,050 x 38,000 - 55,050
Bancorporation
Northern Border -Common Stock 664785102 2,196,083 70,700 x - 70,700
Partners - LP
Northern Tr Corp -Common Stock 665859104 12,454,897 128,401 x - 128,401
Novaris AG-Bearer -Common Stk P1 NA7782 1,234,257 853 x - 853
Office Depot Inc -Common Stock 676220106 471,575 21,375 x - 21,375
Old Kent Financial -Common Stock 679833103 224,900 5,371 x - 5,371
Corp
Oversea-Chinese -Common Stk P1 Y64248118 76,500 10,000 x - 10,000
Banking
Corp Ltd - $SGD
Pacholder Fund, Inc.-Common Stock 693742108 526,984 35,881 x - 35,881
Pacific Century -Common Stock 694058108 347,105 16,098 x - 16,098
Financial Corp
Paine Webber -Common Stock 695629105 302,099 6,462 x - 6,462
Group Inc
Pall Corp -Common Stock 696429307 231,477 10,433 x - 10,433
PanAmerican -Common Stock P74823108 1,019,154 42,800 x 5,700 - 37,100
Beverages Inc
Paychex, Inc -Common Stock 704326107 1,633,825 51,257 x - 51,257
PE Corp Celera -Common Stk P0 69332S201 1,065,105 65,800 x 24,600 - 41,200
Genomics Group
PECorp - PE -Common Stock 69332S102 22,401,725 195,222 x 62,700 - 123,722
Biosystems Group
Peoples Energy Corp -Common Stock 711030106 512,026 13,586 x - 13,586
Peoples Telephone -Common Stk P0 712574102 66,555 15,000 x - 15,000
Co Inc
Pepsi Bottling -Common Stock 713409100 231,250 10,000 x - 10,000
Group Inc.
Pepsico Inc -Common Stock 713448108 19,676,556 508,609 x 98,000 - 384,809
Pfizer Inc -Common Stock 717081103 23,222,014 213,046 x 15,700 - 169,846
Philip Morris -Common Stock 718154107 314,303 7,821 x - 7,821
Pimco Advisors -Common Stock 69338P102 1,347,675 45,300 x - 45,300
Holdings LP
Pinnacle Micro Inc -Common Stock 723469102 2,240 16,000 x - 16,000
Pitney Bowes -Common Stock 724479100 1,008,725 15,700 x - 15,700
Pittway Intl Inc -Common Stock 725790208 595,469 17,418 x - 17,418
Cl A
Placer Dome -Common Stock 725906101 139,602 11,881 x - 11,881
Plum Creek Timber -Common Stock 729237107 337,599 10,825 x - 10,825
Co Unit
PNC Bank Corp -Common Stock 693475105 550,895 9,560 x - 9,560
Policy Management -Common Stk P0 731108106 2,280,000 76,000 x 30,000 - 46,000
Systems
Procter & Gamble -Common Stock 742718109 6,403,509 71,748 x 200 - 71,548
Progressive Corp -Common Stock 743315103 2,610,290 18,002 x - 18,002
Ohio
Prologis Trust -Common Stock 743410102 4,390,868 216,833 x 10,958 - 205,875
Protective Life -Common Stock 743674103 20,401,870 600,055 x 184,600 - 386,055
Corp
Providian -Common Stock 74406A102 1,172,432 12,573 x - 12,573
Financial Corp
Quaker Oats Co -Common Stock 747402105 988,523 14,893 x - 14,893
Qualcomm Inc -Common Stock 747525103 430,500 3,000 x - 3,000
R. H. Donnelley -Common Stock 74955W307 623,273 31,861 x - 31,861
Corp
Rayovac Corp -Common Stock 755081106 3,860,193 170,150 x 53,600 - 116,550
Raytheon Co -Common Stock 755111408 222,075 3,150 x - 3,150
- Class B
Repsol SA - -Common Stock 76026T205 237,650 11,700 x - 11,700
Sponsored ADR
Republic New York -Common Stock 760719104 7,253,256 106,373 x 1,500 - 104,873
Respironics Inc. -Common Stk P0 761230101 4,116,269 272,150 x 95,700 - 176,450
Reuters Group PLC -Common Stk P2 76132M102 327,166 4,036 x - 4,036
-Spons ADR
Reynolds & -Common Stock 761695105 360,147 15,449 x - 15,449
Reynolds Company
Roche Group Ltd - -Common ADR P4 771195104 210,000 2,000 x - 2,000
Spons ADR
Royal Dutch -Common Stk P2 780257804 1,446,121 24,002 x 2,420 - 21,582
Petroleum
Safeway Inc -Common Stk P0 786514208 21,478,743 433,914 x 83,350 - 320,264
Santa Fe -Common Stock G7805C108 4,191,750 182,250 x 58,000 - 124,250
International Corp
Sara Lee Corp -Common Stock 803111103 2,659,416 117,222 x 1,200 - 116,022
SBC Communications -Common Stock 78387G103 12,150,420 209,490 x 26,785 - 165,505
Inc
Schering Plough Corp-Common Stock 806605101 2,984,139 56,841 x - 56,841
Schlumberger, Ltd. -Common Stock 806857108 28,488,336 447,318 x 100,918 - 322,800
Scientific Atlanta -Common Stock 808655104 446,040 12,390 x - 12,390
Inc
Seagate Technology -Common Stock 811804103 495,075 19,320 x - 19,320
Inc
Security Capital -Common Stk P0 81413P204 7,979,830 547,990 x 106,000 - 373,290
Group B
Security Capital -Common Stk P0 5087417 1,945,220 102,380 x 2,000 - 100,380
US Realty
Service Corp -Common Stock 817565104 200,200 10,400 x - 10,400
International
Servicemaster -Common Stock 81760N109 17,241,141 919,528 x 227,400 - 612,128
Company
Sherwin Williams -Common Stock 824348106 832,500 30,000 x - 30,000
Showcase Copr -Common Stock 82539P102 90,000 10,000 x - 10,000
SmithKline Beecham -Common ADR P4 832378301 2,779,889 42,080 x - 42,080
Southdown Inc. -Common Stock 841297104 1,273,756 19,825 x 5,800 - 14,025
Speedware -Common Stk P0 847906104 33,250 25,000 x - 25,000
Corporation Inc
Sprint Corp -Common Stock 852061100 727,584 13,728 x - 13,728
St Jude Resources -Common Stk P0 79085J100 12,025 18,500 x - 18,500
Ltd
St Paul Bancorp Inc -Common Stock 792848103 2,908,938 114,076 x 2,812 - 111,264
St Paul Companies -Common Stock 792860108 364,247 11,450 x - 11,450
Stancorp Financial -Common Stock 852891100 300,000 10,000 x - 10,000
Group
Starbucks Corp -Common Stock 855244109 255,422 6,800 x - 6,800
State Street -Common Stock 857477103 3,462,895 40,561 x - 40,561
Corporation
Steelcase Inc -Common Stk P0 858155203 1,714,000 85,700 x 1,500 - 84,200
Stericycle Inc -Common Stk P0 858912108 1,633,434 120,442 x - 120,442
Sun Microsystems -Common Stock 866810104 2,288,096 33,221 x 3,200 - 30,021
Sungard Data -Common Stock 867363103 15,542,837 450,517 x 99,000 - 322,517
Systems Inc
Suntrust Banks -Common Stock 867914103 1,617,604 23,296 x 800 - 22,496
Sybron International-Common Stk P0 87114F106 5,189,925 188,300 x 95,500 - 92,800
Corporation
Symbol Technologies -Common Stk P2 871508107 20,743,552 562,537 x 173,525 - 361,912
Inc
Sysco Corporation -Common Stock 871829107 476,992 16,000 x - 16,000
Tellabs Inc -Common Stk P0 879664100 432,397 6,400 x - 6,400
Texaco Inc -Common Stock 881694103 405,001 6,493 x - 6,493
Time Warner Inc -Common Stock 887315109 1,525,851 21,010 x - 21,010
Times Mirror Co -Common Stock 887364107 264,670 4,467 x - 4,467
Cl A
Tosco Corp -Common Stock 891490302 259,370 10,000 x - 10,000
Tribune Company -Common Stock 896047107 21,347,368 245,020 x 54,550 - 178,970
Tricon Global -Common Stock 895953107 482,470 8,914 x 1,060 - 7,854
Restaurants
Tyco International -Common Stock 902124106 1,358,593 14,339 x 3 - 14,336
Ltd
U S Bancorp -Common Stock 902973106 704,079 21,096 x 900 - 20,196
Unilever N V -Common Stock 904784709 1,544,828 22,148 x 13,446 - 8,702
-NY Shares
United Overseas Land-Common Stk P0 910903301 65,625 15,000 x - 15,000
SP ADR
Unocal Corp -Common Stock 915289102 369,979 9,337 x - 9,337
Valspar Corp -Common Stock 920355104 304,000 8,000 x - 8,000
Ventana Medical -Common Stk P0 92276H106 5,504,175 287,800 x 106,000 - 181,800
Systems
Viacom Inc Cl B -Common Stock 925524308 303,336 6,894 x - 6,894
Viking Office -Common Stk P0 926913104 330,000 12,000 x - 12,000
VirtualSellers -Common Stk P0 92825Y105 3,750 15,000 x - 15,000
.Com Inc.
Vodafone Group -Common ADR P2 92857T107 229,066 1,223 x - 1,223
Plc ADR
Walgreen Co -Common Stock 931422109 36,535,744 1,243,770 x 286,520 - 923,150
Wallace Computer -Common Stock 932270101 602,850 24,114 x - 24,114
Svcs Inc
Walmart Stores -Common Stock 931142103 4,847,581 100,468 x - 100,468
Warner Lambert Co -Common Stock 934488107 1,073,235 15,526 x - 15,526
Wells Fargo Company -Common Stock 949746101 7,472,401 174,793 x 17,300 - 157,493
Wharf Holdings Ltd -Common Stk P2 962257309 311,250 15,000 x - 15,000
Wisconsin -Common Stock 974990111 215,875 6,875 x - 6,875
Reinsurance
Xerox Corp -Common Stock 984121103 24,944,481 422,344 x 107,400 - 289,544
XL Capital LTD -Common Stock G98255105 202,753 3,477 x - 3,477
-Class A
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