<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 9/30 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: Roberts, Glore & Co.
------------------------------------------
Address: 150 S. Wacker
------------------------------------------
#250
------------------------------------------
Chicago, IL 60606
------------------------------------------
Form 13F File Number: 28-5698
---------
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: Stephen P. Corr
--------------------------------------------
Title:
--------------------------------------------
Phone: (312) 977-1630
--------------------------------------------
Signature, Place, and Date of Signing:
/s/ Stephen P. Corr Chicago, IL 11/8/99
- --------------------- -------------------------------------- ---------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28- NONE
------------- -----------------------------------------
[Repeat as necessary.]
<PAGE> 2
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
-----------------------
Form 13F Information Table Entry Total: 130
-----------------------
Form 13F Information Table Value Total: $ 165,175
-----------------------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.]
No. Form 13F File Number Name
28- NONE
----- ------------- ------------------------------
[Repeat as necessary.]
<PAGE> 3
Page 1 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 ------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A F L A C cs 001055102 2,434,000 58,127 X 500 57,627
- ------------------------------------------------------------------------------------------------------------------------------------
A T & T cs 001957109 483,000 11,107 X 11,107
- ------------------------------------------------------------------------------------------------------------------------------------
Abbott Labs cs 002824100 7,892,000 215,113 X 2,500 212,613
- ------------------------------------------------------------------------------------------------------------------------------------
Aegon N.V. cs 007924103 248,000 2,872 X 2,872
- ------------------------------------------------------------------------------------------------------------------------------------
Albertsons cs 013104104 307,000 7,750 X 7,750
- ------------------------------------------------------------------------------------------------------------------------------------
Alliance Capital Mgmt LP cs 018548107 1,414,000 51,529 X 51,529
- ------------------------------------------------------------------------------------------------------------------------------------
Allied Irish Banks cs 019228402 248,000 9,750 X 9,750
- ------------------------------------------------------------------------------------------------------------------------------------
Allied Signal Inc. cs 019512102 875,000 14,600 X 14,600
- ------------------------------------------------------------------------------------------------------------------------------------
Ameren Corp cs 023608102 227,000 6,000 X 6,000
- ------------------------------------------------------------------------------------------------------------------------------------
American Home Products cs 026609107 676,000 16,290 X 16,290
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 14,804,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 4
Page 2 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 ------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
American Int'l Group cs 026874107 5,866,000 67,469 X 67,469
- ------------------------------------------------------------------------------------------------------------------------------------
America Online cs 02364J104 366,000 3,520 X 3,520
- ------------------------------------------------------------------------------------------------------------------------------------
Amgen cs 031162100 5,671,000 69,585 X 400 69,185
- ------------------------------------------------------------------------------------------------------------------------------------
Apache Corp. cs 037411105 243,000 5,618 X 5,618
- ------------------------------------------------------------------------------------------------------------------------------------
Applied Power Cl. A cs 038225108 776,000 25,541 X 1,200 24,341
- ------------------------------------------------------------------------------------------------------------------------------------
Archer Daniels Midland cs 039483102 256,000 21,108 X 21,108
- ------------------------------------------------------------------------------------------------------------------------------------
Bank of New York, Inc. cs 064057102 782,000 23,400 X 23,400
- ------------------------------------------------------------------------------------------------------------------------------------
Bank of America Corp. cs 060505104 1,413,000 25,370 X 25,370
- ------------------------------------------------------------------------------------------------------------------------------------
Bell Atlantic Corp. cs 077853109 817,000 12,144 X 12,144
- ------------------------------------------------------------------------------------------------------------------------------------
BellSouth Corp. cs 079860102 568,000 12,616 X 12,616
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 16,758,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 5
Page 3 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 -------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Berkshire Hathaway cs 084670108 1,925,000 35 X 35
- ------------------------------------------------------------------------------------------------------------------------------------
Berkshire Hathaway cs 084670207 2,918,000 1,572 X 25 1,547
- ------------------------------------------------------------------------------------------------------------------------------------
Biomet cs 090613100 509,000 19,331 X 200 19,131
- ------------------------------------------------------------------------------------------------------------------------------------
Bristol Myers Squibb cs 110122108 1,681,000 24,900 X 24,900
- ------------------------------------------------------------------------------------------------------------------------------------
CMGI Inc. cs 125750109 294,000 2,873 X 2,873
- ------------------------------------------------------------------------------------------------------------------------------------
Cardinal Health cs 14149Y108 644,000 11,822 X 350 11,472
- ------------------------------------------------------------------------------------------------------------------------------------
Charter One Financial cs 160903100 672,000 29,066 X 237 28,829
- ------------------------------------------------------------------------------------------------------------------------------------
Chevron cs 166751107 533,000 6,000 X 6,000
- ------------------------------------------------------------------------------------------------------------------------------------
Choicepoint Inc. cs 170388102 892,000 13,236 X 13,236
- ------------------------------------------------------------------------------------------------------------------------------------
Cisco Systems cs 17275R102 2,116,000 30,864 X 30,864
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 12,184,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 6
Page 4 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 -------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Citigroup cs 172967101 1,650,000 37,500 X 37,500
- ------------------------------------------------------------------------------------------------------------------------------------
Coca-Cola cs 191216100 1,214,000 25,152 X 25,152
- ------------------------------------------------------------------------------------------------------------------------------------
Colgate-Palmolive Inc. cs 194162103 538,000 11,750 X 11,750
- ------------------------------------------------------------------------------------------------------------------------------------
Compaq Computer Co. cs 204493100 950,000 41,509 X 41,509
- ------------------------------------------------------------------------------------------------------------------------------------
ConAgra cs 205887102 238,000 10,550 X 10,550
- ------------------------------------------------------------------------------------------------------------------------------------
Dallas Semiconductor cs 235204104 211,000 3,950 X 3,950
- ------------------------------------------------------------------------------------------------------------------------------------
Donaldson, Lufkin, Jenre cs 257661108 227,000 5,750 X 5,750
- ------------------------------------------------------------------------------------------------------------------------------------
EMC Corp. cs 268648102 528,000 7,400 X 7,400
- ------------------------------------------------------------------------------------------------------------------------------------
Eaton Corp. cs 278058102 388,000 4,500 X 4,500
- ------------------------------------------------------------------------------------------------------------------------------------
Eaton Vance Corp. cs 278265103 211,000 6,600 X 6,600
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 6,155,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 7
Page 5 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 -------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Equifax cs 294429105 1,474,000 52,407 X 52,407
- ------------------------------------------------------------------------------------------------------------------------------------
Equitable Resources cs 294549100 383,000 10,125 X 10,125
- ------------------------------------------------------------------------------------------------------------------------------------
Expeditors International cs 302130109 1,383,000 43,100 X 2,400 40,700
- ------------------------------------------------------------------------------------------------------------------------------------
Exxon Corp. cs 302290101 1,969,000 25,904 X 25,904
- ------------------------------------------------------------------------------------------------------------------------------------
Fannie Mae cs 313586109 1,202,000 19,171 X 1,300 17,871
- ------------------------------------------------------------------------------------------------------------------------------------
Fifth Third Bancorp cs 316773100 268,000 4,405 X 4,405
- ------------------------------------------------------------------------------------------------------------------------------------
First Data Corp. cs 319963104 420,000 9,575 X 9,575
- ------------------------------------------------------------------------------------------------------------------------------------
First Tennessee Natl Corp cs 337162101 226,000 8,050 X 8,050
- ------------------------------------------------------------------------------------------------------------------------------------
Firstar Corp. cs 33763v109 1,204,000 46,975 X 300 46,675
- ------------------------------------------------------------------------------------------------------------------------------------
Florida Progress Corp. cs 341109106 416,000 9,000 X 9,000
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 8,945,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 8
Page 6 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 -------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Franklin Resources cs 354613101 888,000 29,069 X 274 28,795
- ------------------------------------------------------------------------------------------------------------------------------------
GTE Corp. cs 362320103 293,000 3,810 X 3,810
- ------------------------------------------------------------------------------------------------------------------------------------
General Electric cs 369604103 4,750,000 40,067 X 40,067
- ------------------------------------------------------------------------------------------------------------------------------------
Gillette Corp. cs 375766102 541,000 15,938 X 2,500 13,438
- ------------------------------------------------------------------------------------------------------------------------------------
Harsco Corp. cs 415864107 365,000 13,200 X 13,200
- ------------------------------------------------------------------------------------------------------------------------------------
Harte-Hanks, Inc cs 416196103 417,000 16,550 X 16,550
- ------------------------------------------------------------------------------------------------------------------------------------
Hewlett-Packard Corp. cs 428236103 2,690,000 29,641 X 150 29,491
- ------------------------------------------------------------------------------------------------------------------------------------
Illinois Tool Works cs 452308109 4,140,000 55,521 X 400 55,121
- ------------------------------------------------------------------------------------------------------------------------------------
Intel Corp. cs 458140100 5,974,000 80,384 X 3,500 76,884
- ------------------------------------------------------------------------------------------------------------------------------------
IBM cs 459200101 235,000 1,944 X 1,944
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 20,293,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 9
Page 7 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 -------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Investment Tech. Group cs 46145F105 486,000 21,136 X 21,136
- ------------------------------------------------------------------------------------------------------------------------------------
Johnson & Johnson cs 478160104 6,290,000 68,463 X 500 67,963
- ------------------------------------------------------------------------------------------------------------------------------------
Laclede Gas Co. cs 505588103 364,000 16,000 X 16,000
- ------------------------------------------------------------------------------------------------------------------------------------
Landauer, Inc. cs 51476k103 398,000 15,845 X 200 15,645
- ------------------------------------------------------------------------------------------------------------------------------------
Leggett & Platt, Inc. cs 524660107 441,000 22,400 X 300 22,100
- ------------------------------------------------------------------------------------------------------------------------------------
LG&E Energy Corp. cs 501917108 284,000 13,360 X 13,360
- ------------------------------------------------------------------------------------------------------------------------------------
Loral Space and Comm. cs G56462107 437,000 25,400 X 350 25,050
- ------------------------------------------------------------------------------------------------------------------------------------
Lucent Technologies cs 549463107 484,000 7,458 X 7,458
- ------------------------------------------------------------------------------------------------------------------------------------
M & T Bank Corp. cs 55261F104 7,470,000 16,275 X 300 15,975
- ------------------------------------------------------------------------------------------------------------------------------------
M B N A Corp. cs 55262L100 3,055,000 133,928 X 133,928
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 19,709,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 10
Page 8 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 ------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Markel Corp. cs 570535104 572,000 3,143 X 3,143
- ------------------------------------------------------------------------------------------------------------------------------------
May Dept. Stores cs 577778103 328,000 9,000 X 9,000
- ------------------------------------------------------------------------------------------------------------------------------------
McDonalds cs 580135101 242,000 5,600 X 5,600
- ------------------------------------------------------------------------------------------------------------------------------------
MDU Resources Group cs 552690109 304,000 13,500 X 13,500
- ------------------------------------------------------------------------------------------------------------------------------------
Medtronic cs 585055106 883,000 24,820 X 24,820
- ------------------------------------------------------------------------------------------------------------------------------------
Mellon Bank Corp. cs 585509102 303,000 9,000 X 9,000
- ------------------------------------------------------------------------------------------------------------------------------------
Merck & Co. cs 589331107 3,484,000 53,760 X 200 53,560
- ------------------------------------------------------------------------------------------------------------------------------------
Micros Systems, Inc. cs 594901100 810,000 20,000 X 200 19,800
- ------------------------------------------------------------------------------------------------------------------------------------
Microsoft Corp. cs 594918104 12,596,000 139,090 X 139,090
- ------------------------------------------------------------------------------------------------------------------------------------
MidCity Financial Corp. cs 59563R105 200,000 50 X 50
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 19,722,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 11
Page 9 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 -------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- -------- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Mississippi Val. Banc. cs 605720101 1,261,000 39,950 X 300 39,650
- ------------------------------------------------------------------------------------------------------------------------------------
Mobil Corp. cs 607059102 717,000 7,116 X 7,116
- ------------------------------------------------------------------------------------------------------------------------------------
J.P. Morgan & Co. cs 616880100 274,000 2,400 X 2,400
- ------------------------------------------------------------------------------------------------------------------------------------
Mutual Risk Mgmt. Ltd. cs 628351108 633,000 51,685 X 51,685
- ------------------------------------------------------------------------------------------------------------------------------------
National Fuel Gas Co. cs 636180101 519,000 11,000 X 11,000
- ------------------------------------------------------------------------------------------------------------------------------------
Newell Rubbermaid Inc cs 651229106 2,054,000 71,928 X 71,928
- ------------------------------------------------------------------------------------------------------------------------------------
Northern States Fin'l Corp. cs 665751103 454,000 19,750 X 19,750
- ------------------------------------------------------------------------------------------------------------------------------------
Northern Trust Corp. cs 665859104 3,000,000 35,932 X 35,932
- ------------------------------------------------------------------------------------------------------------------------------------
Oracle Corp. cs 68389X105 625,000 13,737 X 13,737
- ------------------------------------------------------------------------------------------------------------------------------------
Paychex cs 704326107 463,000 13,581 X 13,581
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 10,000,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 12
Page 10 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 -------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Pepsico Inc. cs 713448108 538,000 17,630 X 1,200 16,430
- ------------------------------------------------------------------------------------------------------------------------------------
Pfizer Inc. cs 717081103 1,074,000 29,949 X 29,949
- ------------------------------------------------------------------------------------------------------------------------------------
Phillips Petroleum cs 718507106 297,000 6,100 X 6,100
- ------------------------------------------------------------------------------------------------------------------------------------
Piedmont Natural Gas cs 720186105 485,000 16,000 X 16,000
- ------------------------------------------------------------------------------------------------------------------------------------
Popular Inc. cs 733174106 208,000 7,500 X 7,500
- ------------------------------------------------------------------------------------------------------------------------------------
Premark Int'l cs 740459102 227,000 4,500 X 150 4,350
- ------------------------------------------------------------------------------------------------------------------------------------
Price T. Rowe Assoc Inc. cs 741477103 576,000 20,975 X 20,975
- ------------------------------------------------------------------------------------------------------------------------------------
Private Bancorp Inc. cs 742962103 241,000 13,575 X 150 13,425
- ------------------------------------------------------------------------------------------------------------------------------------
Proctor & Gamble cs 742718109 200,000 2,135 X 600 1,535
- ------------------------------------------------------------------------------------------------------------------------------------
Raymond James Finl. cs 754730109 262,000 13,150 X 13,150
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 4,108,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 13
Page 11 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 ------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Reynolds & Reynolds cs 761695105 203,000 9,962 X 350 9,612
- ------------------------------------------------------------------------------------------------------------------------------------
Rockwell International cs 773903109 210,000 4,000 X 4,000
- ------------------------------------------------------------------------------------------------------------------------------------
SBC Communications cs 78387G103 1,939,000 37,972 X 37,972
- ------------------------------------------------------------------------------------------------------------------------------------
S P S Technologies cs 784626103 357,000 9,400 X 500 8,900
- ------------------------------------------------------------------------------------------------------------------------------------
Safeway Stores cs 786514208 1,287,000 33,800 X 33,800
- ------------------------------------------------------------------------------------------------------------------------------------
Scana Corp. cs 805898103 290,000 12,000 X 12,000
- ------------------------------------------------------------------------------------------------------------------------------------
Schering Plough cs 806605101 3,610,000 82,751 X 350 82,401
- ------------------------------------------------------------------------------------------------------------------------------------
SouthTrust Corp. cs 844730101 1,635,000 45,573 X 225 45,348
- ------------------------------------------------------------------------------------------------------------------------------------
Sovereign Bancorp cs 845905108 172,000 18,920 X 500 18,420
- ------------------------------------------------------------------------------------------------------------------------------------
Sprint Corp. cs 852061100 488,000 9,000 X 9,000
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 10,191,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 14
Page 12 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 -------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
State Street Corp. cs 857477103 4,242,000 65,640 X 1,000 64,640
- ------------------------------------------------------------------------------------------------------------------------------------
Stryker Corp. cs 863667101 1,972,000 38,580 X 100 38,480
- ------------------------------------------------------------------------------------------------------------------------------------
Sun Microsystems cs 866810104 702,000 7,550 X 7,550
- ------------------------------------------------------------------------------------------------------------------------------------
T E C O Energy cs 872375100 254,000 12,000 X 12,000
- ------------------------------------------------------------------------------------------------------------------------------------
Texaco Inc. cs 881694103 263,000 4,170 X 4,170
- ------------------------------------------------------------------------------------------------------------------------------------
Tootsie Roll cs 890516107 1,330,000 40,458 X 449 40,009
- ------------------------------------------------------------------------------------------------------------------------------------
Tribune Co. cs 896047107 448,000 9,000 X 9,000
- ------------------------------------------------------------------------------------------------------------------------------------
TrustCo Bank cs 898349105 1,154,000 39,081 X 250 38,831
- ------------------------------------------------------------------------------------------------------------------------------------
U.S. West Inc. cs 91273H101 299,000 5,235 X 5,235
- ------------------------------------------------------------------------------------------------------------------------------------
Union Carbide Corp. cs 905581104 493,000 8,675 X 8,675
- ------------------------------------------------------------------------------------------------------------------------------------
COLUNM TOTALS 11,157,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 15
Page 13 of 13 FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
-- -- -------------------------
<TABLE>
<CAPTION>
COLUMN 6
----------
INVESTMENT
DISCRETION COLUMN 8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 -------------------------- COLUMN 7 VOTING AUTHORITY
- --------------- -------- -------- -------- -------- (b) SHARED- (c) -------------- ------------------
TITLE OF VALUE SHRS OR (a) AS DEFINED SHARED- (a) (b) (c)
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT SOLE IN INSTR.V OTHER OTHER MANAGERS SOLE SHARED NONE
- --------------- -------- ----- -------- ------- ---- ---------- ------- -------------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Union Pacific Corp. cs 907818108 244,000 5,080 X 5,080
- ------------------------------------------------------------------------------------------------------------------------------------
United Technologies cs 913017109 279,000 4,712 X 4,712
- ------------------------------------------------------------------------------------------------------------------------------------
United Water Resources cs 913190104 642,000 19,687 X 19,687
- ------------------------------------------------------------------------------------------------------------------------------------
Valspar Corp. cs 920355104 3,591,000 109,850 X 350 109,500
- ------------------------------------------------------------------------------------------------------------------------------------
Vodafone Airtouch cs 92857T107 309,000 1,300 X 1,300
- ------------------------------------------------------------------------------------------------------------------------------------
Wal-Mart cs 931142103 210,000 4,420 X 4,420
- ------------------------------------------------------------------------------------------------------------------------------------
Walgreen Inc. cs 931422109 2,827,000 111,420 X 111,420
- ------------------------------------------------------------------------------------------------------------------------------------
Watson Pharm. cs 942683103 1,905,000 62,325 X 150 62,175
- ------------------------------------------------------------------------------------------------------------------------------------
Wells Fargo & Co. cs 949746101 660,000 16,660 X 16,660
- ------------------------------------------------------------------------------------------------------------------------------------
Xerox cs 984121103 482,000 11,500 X 600 10,900
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMN TOTALS 11,149,000
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
