13 F report
9/30/99
AssetName Cusip SumOfShares Price Value
"Abbott Laboratories, Inc" 002824100 " 45,600 " $36.69 " $1,672,950.00 "
AGL Resources Inc. 001204106 " 14,400 " $16.25 " $234,000.00 "
Alliance Capital Mgmt Lp 018548107 " 24,000 " $27.44 " $658,500.00 "
Allstate Corp 020002101 " 14,650 " $24.94 " $365,334.00 "
Alltel Corp 020039103 " 28,355 " $70.37 " $1,995,483.00 "
Ameren Corporation 023608102 " 11,310 " $37.81 " $427,659.00 "
American Electric Power Inc 025537101 " 10,472 " $34.13 " $357,357.00 "
American General Corp. 026351106 " 80,038 " $63.25 " $5,062,403.00 "
American Home Products Corp 026609107 " 107,278 " $41.50 " $4,452,037.00 "
Ameritech 030954101 " 59,217 " $66.75 " $3,952,734.00 "
AON Corporation 037389103 " 14,789 " $29.56 " $437,199.00 "
Associates First Cap Class A 046008108 " 10,040 " $36.00 " $361,440.00 "
AT&T 001957109 " 51,183 " $43.50 " $2,226,460.00 "
Bank of America Corp. 06605F102 " 88,616 " $55.69 " $4,934,842.00 "
Bank Of New York 064057102 " 77,034 " $33.44 " $2,575,824.00 "
Baxter International 071813109 " 16,460 " $60.25 " $991,715.00 "
Becton Dickinson & Co 075887109 " 64,750 " $28.06 " $1,817,046.00 "
Bell Atlantic 077853109 " 114,120 " $67.31 " $7,681,702.00 "
Bellsouth Corp 079860102 " 184,312 " $45.00 " $8,294,040.00 "
Boeing Company 097023105 " 51,128 " $42.63 " $2,179,355.00 "
Bristol Myers Squibb Co 110122108 " 156,657 " $67.50 " $10,574,384.00 "
British Petroleum - Amoco 55622104 " 35,663 " $110.81 " $3,951,906.00 "
Cardinal Health Inc 14149Y108 " 41,846 " $54.50 " $2,280,607.00 "
Century South Banks 156683104 " 15,240 " $23.00 " $350,520.00 "
Charles Schwab Corp 808513105 " 265,760 " $33.44 " $8,886,350.00 "
Chevron Corporation 166751107 " 10,081 " $88.75 " $894,688.00 "
Cigna Corporation 125509109 " 13,630 " $77.75 " $1,059,732.00 "
Citigroup Inc 172967101 " 140,240 " $44.00 " $6,170,560.00 "
Citizens Utilities Co Class B 177342201 " 46,193 " $11.31 " $522,561.00 "
Clorox Co 189054109 " 20,592 " $38.25 " $787,644.00 "
Coca Cola Co 191216100 " 294,558 " $48.25 " $14,212,436.00 "
Colgate Palmolive 194162103 " 11,500 " $45.75 " $526,125.00 "
Compaq Computer Corp 204493100 " 56,737 " $22.88 " $1,297,864.00 "
Computer Associates Intl Inc 204912109 " 24,499 " $61.12 " $1,497,501.00 "
Conagra Incorporated 205887102 " 31,912 " $22.56 " $720,014.00 "
CSX Corporation 126408103 " 17,158 " $42.38 " $727,077.00 "
Dow Chemical Co 260543103 " 18,563 " $113.62 " $2,109,220.00 "
Du Pont E.I. De Nemours 263534109 " 24,754 " $60.50 " $1,497,617.00 "
Duff & Phelps Util Income Inc 264324104 " 119,209 " $9.69 " $1,154,837.00 "
Duke Energy Corp 264399106 " 15,913 " $55.12 " $877,204.00 "
Electronic Data Systems 285661104 " 11,897 " $52.94 " $629,797.00 "
Eli Lilly & Company 532457108 " 13,387 " $64.19 " $859,278.00 "
Equifax Inc 294429105 " 45,425 " $28.12 " $1,277,578.00 "
Equity Residential Properties TR 29476L107 " 88,384 " $42.38 " $3,745,272.00 "
Exxon Corp 302290101 " 111,570 " $76.00 " $8,479,320.00 "
Federal Realty Investment TR Sbi 313747206 " 38,700 " $20.94 " $810,281.00 "
Fifth Third Bancorp 316773100 " 90,327 " $60.84 " $5,495,855.00 "
First Data Corporation 319963104 " 22,805 " $43.87 " $1,000,569.00 "
First Union Corp 337358105 " 195,072 " $35.63 " $6,949,440.00 "
Firstar Corp New 33763V109 " 23,000 " $25.63 " $589,375.00 "
Ford Motor Co 345370100 " 16,250 " $50.25 " $816,562.00 "
General Electric Co 369604103 " 141,322 " $118.56 " $16,755,512.00 "
General Mills 370334104 " 15,695 " $81.12 " $1,273,256.00 "
Genuine Parts Co 372460105 " 24,225 " $26.56 " $643,476.00 "
Gillette Company 375766102 " 13,700 " $33.94 " $464,943.00 "
GTE Corp 362320103 " 43,925 " $76.87 " $3,376,734.00 "
Guidant Corp 401698105 " 12,208 " $53.63 " $654,654.00 "
Hartford Finl Svcs Group 416515104 " 19,980 " $40.87 " $816,682.00 "
Hewlett Packard 428236103 " 23,650 " $90.75 " $2,146,237.00 "
Home Depot Inc 437076102 " 40,478 " $68.62 " $2,777,802.00 "
Illinois Tool Works Inc. 452308109 " 14,958 " $74.56 " $1,115,338.00 "
IMS Health Inc 449934108 " 10,000 " $22.81 " $228,125.00 "
Intel Corporation 458140100 " 14,236 " $74.31 " $1,057,917.00 "
International Business Machines 459200101 " 38,515 " $121.00 " $4,660,315.00 "
International Paper Co common 460146103 " 20,909 " $48.06 " $1,004,938.00 "
Ipalco Enterprises Inc 462613100 " 15,810 " $19.44 " $307,306.00 "
J P Morgan & Co 616880100 " 20,223 " $114.25 " $2,310,477.00 "
Jefferson-Pilot Corp 475070108 " 94,005 " $63.19 " $5,939,988.00 "
Johnson & Johnson 478160104 " 55,752 " $91.88 " $5,122,257.00 "
Key Corp 493267108 " 49,565 " $25.81 " $1,279,396.00 "
Kimberly-Clark Corp 494368103 " 10,328 " $52.75 " $544,802.00 "
Leggett & Platt Inc 524660107 " 14,800 " $19.69 " $291,375.00 "
Lubrizol Corp 549271104 " 21,560 " $25.69 " $553,822.00 "
Lucent Technologies 549463107 " 116,202 " $64.87 " $7,538,604.00 "
Masco Corp 574599106 " 10,700 " $31.00 " $331,700.00 "
McDonalds Corp 580135101 " 21,390 " $43.25 " $925,117.00 "
Mead Corp 582834107 " 19,983 " $34.37 " $686,915.00 "
Mellon Bank Corp 585509102 " 29,300 " $33.62 " $985,212.00 "
Merck & Co Inc 589331107 " 24,614 " $64.81 " $1,595,336.00 "
Minnesota Mining & Mfg Co 604059105 " 15,019 " $96.06 " $1,442,797.00 "
Mobil Corp 607059102 " 44,411 " $100.75 " $4,474,408.00 "
"Mylan Laboratories, Inc." 628530107 " 39,675 " $18.37 " $729,028.00 "
National Service Industries Inc 637657107 " 79,499 " $31.50 " $2,504,218.00 "
New Plan Excel Realty Trust 648053106 " 58,700 " $17.81 " $1,045,593.00 "
Norfolk Southern Corp 655844108 " 30,131 " $24.50 " $738,209.00 "
Northern Trust Corp 665859104 " 87,765 " $83.50 " $7,328,377.00 "
Nuveen Municipal Value Fund Inc 670928100 " 38,961 " $8.44 " $328,733.00 "
Paychex Inc 704326107 " 12,748 " $34.12 " $435,025.00 "
Pepsico Inc 713448108 " 64,248 " $30.50 " $1,959,588.00 "
"Pfizer, Inc." 717081103 " 32,132 " $35.88 " $1,152,757.00 "
Pharmacia & Upjohn Inc 716941109 " 12,628 " $49.62 " $626,664.00 "
Philip Morris Inc 718154107 " 26,409 " $34.19 " $902,857.00 "
PNC Bank Corp 693475105 " 30,500 " $52.69 " $1,606,968.00 "
Procter & Gamble Co 742718109 " 15,980 " $93.75 " $1,498,125.00 "
Reliastar Financial Corp 75952U103 " 76,910 " $33.25 " $2,557,257.00 "
Riggs National Corp 766570105 " 14,507 " $16.87 " $244,805.00 "
"Saint Paul Companies, Inc" 792860108 " 14,328 " $27.50 " $394,020.00 "
Sara Lee Corporation 803111103 " 51,380 " $23.37 " $1,201,007.00 "
SBC Communications Inc 783876103 " 99,333 " $51.06 " $5,072,191.00 "
Scana Corporation 805898103 " 50,310 " $24.19 " $1,216,873.00 "
Schering Plough Corp 806605101 " 117,551 " $43.62 " $5,128,162.00 "
Service Corp International 817565104 " 182,222 " $10.56 " $1,924,728.00 "
Southern Co 842587107 " 110,034 " $25.75 " $2,833,375.00 "
Sprint 852061100 " 20,998 " $54.25 " $1,139,141.00 "
Sun Microsystems Inc 866810104 " 17,420 " $93.00 " $1,620,060.00 "
Suntrust Banks Inc 867914103 " 57,640 " $65.75 " $3,789,888.00 "
Synovus Financial Corp 87161C105 " 35,045 " $18.69 " $654,903.00 "
Texaco Inc 881694103 " 66,861 " $63.12 " $4,220,600.00 "
Texas Instruments 882508104 " 18,700 " $82.25 " $1,538,075.00 "
United Technologies Corp 913017109 " 15,080 " $59.31 " $894,432.00 "
US West Inc New Common Stock 91273H101 " 23,394 " $57.06 " $1,334,920.00 "
Van Kampen Amer Cap Muni Inc TR 920909108 " 32,837 " $8.87 " $291,428.00 "
Wachovia Corp 929771103 " 22,915 " $78.63 " $1,801,762.00 "
"Wal-Mart Stores, Inc." 931142103 " 25,545 " $47.56 " $1,215,021.00 "
Walt Disney Holding Company 254687106 " 24,792 " $26.00 " $644,592.00 "
Warner-Lambert Co 934488107 " 33,960 " $66.38 " $2,254,095.00 "
Weingarten Realty Investors 948741103 " 13,700 " $37.37 " $512,037.00 "
