<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: Q1 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 Drive #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: Jim L. Calaway
Title: Vice President
Phone: (312) 977-1630
Signature, Place, and Date of Signing:
Jim L. Calaway Chicago, IL 5/11/99
[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: 110
Form 13F Information Table Value Total: $161,355
(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__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- --------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- --------------------------------------------------------------------------------------
A F L A C cs 001055102 3,312,000 60,842
- --------------------------------------------------------------------------------------
Abbott Labs cs 002824100 10,209,000 218,081
- --------------------------------------------------------------------------------------
Agrium cs 008916108 106,000 11,550
- --------------------------------------------------------------------------------------
Albertsons cs 013104104 430,000 7,900
- --------------------------------------------------------------------------------------
Alliance Capital Mgmt LP cs 018548107 1,145,000 45,233
- --------------------------------------------------------------------------------------
Allied Irish Bank PLC cs 019228402 207,000 2,000
- --------------------------------------------------------------------------------------
American Home Products cs 026609107 961,000 14,730
- --------------------------------------------------------------------------------------
American Int'l Group cs 026874107 6,386,000 52,945
- --------------------------------------------------------------------------------------
America Online cs 02364J104 453,000 3,085
- --------------------------------------------------------------------------------------
Amgen cs 031162100 6,653,000 88,860
- --------------------------------------------------------------------------------------
COLUMN TOTALS 29,862,000
- --------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- --------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- --------------------------------------------------------------------------------------------------------
X 500 60,342
- --------------------------------------------------------------------------------------------------------
X 2,400 215,681
- --------------------------------------------------------------------------------------------------------
X 750 10,800
- --------------------------------------------------------------------------------------------------------
X 7,900
- --------------------------------------------------------------------------------------------------------
X 45,233
- --------------------------------------------------------------------------------------------------------
X 2,000
- --------------------------------------------------------------------------------------------------------
X 14,730
- --------------------------------------------------------------------------------------------------------
X 52,945
- --------------------------------------------------------------------------------------------------------
X 3,085
- --------------------------------------------------------------------------------------------------------
X 600 88,260
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 4
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- ---------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- ---------------------------------------------------------------------------------------
Apache Corp. cs 037411105 592,000 22,708
- ---------------------------------------------------------------------------------------
Applied Power Cl. A cs 038225108 1,143,000 41,954
- ---------------------------------------------------------------------------------------
Automatic Data Process cs 053015103 219,000 5,300
- ---------------------------------------------------------------------------------------
Bank of New York, Inc. cs 064057102 611,000 17,000
- ---------------------------------------------------------------------------------------
BankAmerica Corp. cs 06605F102 649,000 9,184
- ---------------------------------------------------------------------------------------
Berkshire Hathaway cs 084670108 785,000 11
- ---------------------------------------------------------------------------------------
Berkshire Hathaway cs 084670207 2,501,000 1,064
- ---------------------------------------------------------------------------------------
Biomet cs 090613100 887,000 21,139
- ---------------------------------------------------------------------------------------
Bristol Myers Squibb cs 110122108 1,060,000 16,532
- ---------------------------------------------------------------------------------------
Campbell Soup cs 134429109 213,000 5,230
- ---------------------------------------------------------------------------------------
COLUMN TOTALS 8,660,000
- ---------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- -----------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- -----------------------------------------------------------------------------------------------------
X 1,100 21,608
- -----------------------------------------------------------------------------------------------------
X 1,600 40,354
- -----------------------------------------------------------------------------------------------------
X 5,300
- -----------------------------------------------------------------------------------------------------
X 17,000
- -----------------------------------------------------------------------------------------------------
X 9,184
- -----------------------------------------------------------------------------------------------------
X 11
- -----------------------------------------------------------------------------------------------------
X 1,064
- -----------------------------------------------------------------------------------------------------
X 750 20,389
- -----------------------------------------------------------------------------------------------------
X 16,532
- -----------------------------------------------------------------------------------------------------
X 5,230
- -----------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 5
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- --------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- --------------------------------------------------------------------------------------
Cardinal Health cs 14149Y108 652,000 9,883
- --------------------------------------------------------------------------------------
Charter One Financial cs 160903100 783,000 21,140
- --------------------------------------------------------------------------------------
Cheap Tickets cs 162672109 319,000 9,500
- --------------------------------------------------------------------------------------
Choicepoint Inc. cs 170388102 718,000 14,396
- --------------------------------------------------------------------------------------
Cinram Ltd. cs 17252T105 327,000 35,392
- --------------------------------------------------------------------------------------
Cisco Systems cs 17275R102 1,561,000 14,246
- --------------------------------------------------------------------------------------
Citigroup cs 172967101 212,000 3,325
- --------------------------------------------------------------------------------------
Coca-Cola cs 191216100 1,547,000 25,205
- --------------------------------------------------------------------------------------
Colgate-Palmolive Inc. cs 194162103 467,000 5,075
- --------------------------------------------------------------------------------------
Compaq Computer Co. cs 204493100 1,267,000 39,984
- --------------------------------------------------------------------------------------
COLUMN TOTALS 7,853,000
- --------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- --------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- --------------------------------------------------------------------------------------------------------
X 9,883
- --------------------------------------------------------------------------------------------------------
X 526 26,614
- --------------------------------------------------------------------------------------------------------
X 9,500
- --------------------------------------------------------------------------------------------------------
X 14,396
-------------------------------------------------------------------------------------------------------
X 35,392
- --------------------------------------------------------------------------------------------------------
X 14,246
- --------------------------------------------------------------------------------------------------------
X 3,325
- --------------------------------------------------------------------------------------------------------
X 25,205
- --------------------------------------------------------------------------------------------------------
X 5,075
- --------------------------------------------------------------------------------------------------------
X 39,984
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 6
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- --------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- --------------------------------------------------------------------------------------
ConAgra cs 205887102 364,000 14,197
- --------------------------------------------------------------------------------------
Disney Walt cs 254687106 212,000 6,813
- --------------------------------------------------------------------------------------
Donaldson, Lufkin, Jenre cs 257661108 244,000 3,500
- --------------------------------------------------------------------------------------
Equifax cs 294429105 1,719,000 50,011
- --------------------------------------------------------------------------------------
Expeditors International cs 302130109 1,247,000 23,100
- --------------------------------------------------------------------------------------
Exxon Corp. cs 302290101 598,000 8,470
- --------------------------------------------------------------------------------------
Farr Corp. cs 311648109 130,000 15,275
- --------------------------------------------------------------------------------------
Federal National Mtg Assn cs 313586109 1,349,000 19,475
- --------------------------------------------------------------------------------------
Federal Signal Corp. cs 313855108 220,000 10,550
- --------------------------------------------------------------------------------------
Fifth Third Bancorp cs 316773100 258,000 3,918
- --------------------------------------------------------------------------------------
COLUMN TOTALS 6,341,000
- --------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- --------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- --------------------------------------------------------------------------------------------------------
X 14,197
- --------------------------------------------------------------------------------------------------------
X 6,813
- --------------------------------------------------------------------------------------------------------
X 3,500
- --------------------------------------------------------------------------------------------------------
X 50,011
- --------------------------------------------------------------------------------------------------------
X 1,200 21,900
- --------------------------------------------------------------------------------------------------------
X 8,470
- --------------------------------------------------------------------------------------------------------
X 1,125 14,150
- --------------------------------------------------------------------------------------------------------
X 1,300 18,175
- --------------------------------------------------------------------------------------------------------
X 700 9,850
- --------------------------------------------------------------------------------------------------------
X 3,918
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 7
<TABLE>
<CAPTION>
<S><C>
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
- ---------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- ---------------------------------------------------------------------------------------
First Data Corp. cs 319963104 603,000 14,100
- ---------------------------------------------------------------------------------------
First Tennessee Natl Corp cs 337162101 368,000 10,050
- ---------------------------------------------------------------------------------------
Firstar Corp. cs 33763v109 1,534,000 17,139
- ---------------------------------------------------------------------------------------
Franklin Resources cs 354613101 960,000 34,151
- ---------------------------------------------------------------------------------------
General Electric cs 369604103 4,928,000 44,551
- ---------------------------------------------------------------------------------------
Gillette Corp. cs 375766102 1,063,000 17,881
- ---------------------------------------------------------------------------------------
Guidant Corp. cs 401698105 228,000 3,764
- ---------------------------------------------------------------------------------------
Harte-Hanks, Inc cs 416196103 439,000 16,000
- ---------------------------------------------------------------------------------------
Hewlett-Packard Corp. cs 428236103 2,362,000 34,829
- ---------------------------------------------------------------------------------------
Illinois Tool Works cs 452308109 3,379,000 54,604
- ---------------------------------------------------------------------------------------
COLUMN TOTALS 15,864,000
- ---------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- -------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- -------------------------------------------------------------------------------------------------------
X 14,100
- -------------------------------------------------------------------------------------------------------
X 10,050
- -------------------------------------------------------------------------------------------------------
X 150 16,989
- -------------------------------------------------------------------------------------------------------
X 374 33,777
- -------------------------------------------------------------------------------------------------------
X 44,551
- -------------------------------------------------------------------------------------------------------
X 3,008 14,873
- -------------------------------------------------------------------------------------------------------
X 3,764
- -------------------------------------------------------------------------------------------------------
X 16,000
- -------------------------------------------------------------------------------------------------------
X 400 34,429
- -------------------------------------------------------------------------------------------------------
X 600 54,004
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 8
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- --------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- --------------------------------------------------------------------------------------
Intel Corp. cs 458140100 4,628,000 38,928
- --------------------------------------------------------------------------------------
IBM cs 459200101 505,000 2,848
- --------------------------------------------------------------------------------------
Jefferies Corp. cs 472318104 266,000 5,600
- --------------------------------------------------------------------------------------
Johnson & Johnson cs 478160104 6,990,000 74,758
- --------------------------------------------------------------------------------------
Jones Lang LaSalle cs 48020q107 203,000 6,750
- --------------------------------------------------------------------------------------
Lancaster Colony cs 513847103 296,000 11,127
- --------------------------------------------------------------------------------------
Landauer, Inc. cs 51476k103 397,000 16,450
- --------------------------------------------------------------------------------------
Leggett & Platt, Inc. cs 524660107 462,000 23,100
- --------------------------------------------------------------------------------------
Lilly Eli cs 532457108 407,000 4,800
- --------------------------------------------------------------------------------------
Lockheed Martin cs 539830109 670,000 17,750
- --------------------------------------------------------------------------------------
COLUMN TOTALS 14,824,000
- --------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- --------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- --------------------------------------------------------------------------------------------------------
X 1,750 37,178
- --------------------------------------------------------------------------------------------------------
X 2,848
- --------------------------------------------------------------------------------------------------------
X 5,600
- --------------------------------------------------------------------------------------------------------
X 500 74,258
- --------------------------------------------------------------------------------------------------------
X 1,300 5,450
- --------------------------------------------------------------------------------------------------------
X 450 10,677
- --------------------------------------------------------------------------------------------------------
X 200 16,250
- --------------------------------------------------------------------------------------------------------
X 700 22,400
- --------------------------------------------------------------------------------------------------------
X 4,800
- --------------------------------------------------------------------------------------------------------
X 17,750
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 9
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- ---------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- ---------------------------------------------------------------------------------------
Loral Space and Comm. cs G56462107 475,000 32,900
- ---------------------------------------------------------------------------------------
Lucent Technologies cs 549463107 263,000 2,432
- ---------------------------------------------------------------------------------------
M & T Bank Corp. cs 55261F104 8,260,000 17,245
- ---------------------------------------------------------------------------------------
M B N A Corp. cs 55262L100 3,322,000 139,128
- ---------------------------------------------------------------------------------------
Markel Corp. cs 570535104 697,000 3,868
- ---------------------------------------------------------------------------------------
McDonalds cs 580135101 467,000 10,296
- ---------------------------------------------------------------------------------------
MCI Worldcom cs 55268B106 274,000 3,090
- ---------------------------------------------------------------------------------------
Medtronic cs 585055106 832,000 11,570
- ---------------------------------------------------------------------------------------
Merck & Co. cs 589331107 5,473,000 68,312
- ---------------------------------------------------------------------------------------
Micros Systems, Inc. cs 594901100 680,000 20,600
- ---------------------------------------------------------------------------------------
COLUMN TOTALS 20,743,000
- ---------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- -------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- -------------------------------------------------------------------------------------------------------
X 950 31,950
- -------------------------------------------------------------------------------------------------------
X 2,432
- -------------------------------------------------------------------------------------------------------
X 300 16,945
- -------------------------------------------------------------------------------------------------------
X 139,128
- -------------------------------------------------------------------------------------------------------
X 3,868
- -------------------------------------------------------------------------------------------------------
X 10,296
- -------------------------------------------------------------------------------------------------------
X 3,090
- -------------------------------------------------------------------------------------------------------
X 11,570
- -------------------------------------------------------------------------------------------------------
X 100 68,212
- -------------------------------------------------------------------------------------------------------
X 900 19,700
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 10
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- ---------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- ---------------------------------------------------------------------------------------
Microsoft Corp. cs 594918104 11,739,000 130,980
- ---------------------------------------------------------------------------------------
MidCity Financial Corp. cs 59563R105 265,000 50
- ---------------------------------------------------------------------------------------
Morgan Stanley DW cs 617446448 235,000 2,352
- ---------------------------------------------------------------------------------------
Mutual Risk Mgmt. Ltd. cs 628351108 1,743,000 45,280
- ---------------------------------------------------------------------------------------
New Era of Networks cs 644312100 515,000 7,600
- ---------------------------------------------------------------------------------------
Newell Rubbermaid Inc cs 651192106 3,667,000 77,195
- ---------------------------------------------------------------------------------------
N. Carolina Natural Gas cs 658221106 238,000 7,850
- ---------------------------------------------------------------------------------------
North Fork Bancorp cs 659424105 425,000 20,137
- ---------------------------------------------------------------------------------------
Northern States Fin'l Corp. cs 665751103 328,000 13,750
- ---------------------------------------------------------------------------------------
Northern Trust Corp. cs 665859104 3,572,000 40,222
- ---------------------------------------------------------------------------------------
COLUMN TOTALS 22,727,000
- ---------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- -------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- -------------------------------------------------------------------------------------------------------
X 130,980
- -------------------------------------------------------------------------------------------------------
X 50
- -------------------------------------------------------------------------------------------------------
X 2,352
- -------------------------------------------------------------------------------------------------------
X 400 44,880
- -------------------------------------------------------------------------------------------------------
X 7,600
- -------------------------------------------------------------------------------------------------------
X 77,195
- -------------------------------------------------------------------------------------------------------
X 7,850
- -------------------------------------------------------------------------------------------------------
X 20,137
- -------------------------------------------------------------------------------------------------------
X 13,750
- -------------------------------------------------------------------------------------------------------
X 40,222
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 11
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- ---------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- ---------------------------------------------------------------------------------------
Oracle Corp. cs 68389X105 228,000 8,662
- ---------------------------------------------------------------------------------------
Paychex cs 704326107 352,000 7,425
- ---------------------------------------------------------------------------------------
Pepsico Inc. cs 713448108 902,000 23,008
- ---------------------------------------------------------------------------------------
Pfizer Inc. cs 717081103 1,414,000 10,189
- ---------------------------------------------------------------------------------------
Popular Inc. cs 733174106 253,000 8,200
- ---------------------------------------------------------------------------------------
Price T. Rowe Assoc Inc. cs 741477103 507,000 14,750
- ---------------------------------------------------------------------------------------
Proctor & Gamble cs 74271819 236,000 2,410
- ---------------------------------------------------------------------------------------
Raymond James Finl. cs 754730109 240,000 12,150
- ---------------------------------------------------------------------------------------
Reynolds & Reynolds cs 761695105 206,000 10,829
- ---------------------------------------------------------------------------------------
Richfood Holdings Inc. cs 763408101 591,000 27,400
- ---------------------------------------------------------------------------------------
COLUMN TOTALS 4,929,000
- ---------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- -------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- -------------------------------------------------------------------------------------------------------
X 8,662
- -------------------------------------------------------------------------------------------------------
X 7,425
- -------------------------------------------------------------------------------------------------------
X 1,200 21,808
- -------------------------------------------------------------------------------------------------------
X 10,189
- -------------------------------------------------------------------------------------------------------
X 8,200
- -------------------------------------------------------------------------------------------------------
X 14,750
- -------------------------------------------------------------------------------------------------------
X 600 1,810
- -------------------------------------------------------------------------------------------------------
X 12,150
- -------------------------------------------------------------------------------------------------------
X 1,150 9,679
- -------------------------------------------------------------------------------------------------------
X 1,900 25,500
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 12
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- ---------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- ---------------------------------------------------------------------------------------
S P S Technologies cs 784626103 375,000 9,550
- ---------------------------------------------------------------------------------------
Safeway Stores cs 786514208 1,678,000 32,700
- ---------------------------------------------------------------------------------------
Schering Plough cs 806605101 4,483,000 81,143
- ---------------------------------------------------------------------------------------
ServiceMaster cs 81760N109 213,000 10,493
- ---------------------------------------------------------------------------------------
Sherwin Williams cs 824348106 216,000 7,675
- ---------------------------------------------------------------------------------------
SouthTrust Corp. cs 844730101 1,588,000 42,565
- ---------------------------------------------------------------------------------------
Sovereign Bancorp cs 845905108 414,000 33,760
- ---------------------------------------------------------------------------------------
State St. Boston Corp. cs 857473102 4,358,000 52,984
- ---------------------------------------------------------------------------------------
Storage USA cs 861907103 309,000 10,904
- ---------------------------------------------------------------------------------------
Stryker Corp. cs 863667101 1,914,000 37,955
- ---------------------------------------------------------------------------------------
COLUMN TOTALS 15,548,000
- ---------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- -------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- -------------------------------------------------------------------------------------------------------
X 500 9,050
- -------------------------------------------------------------------------------------------------------
X 32,700
- -------------------------------------------------------------------------------------------------------
X 400 80,743
- -------------------------------------------------------------------------------------------------------
X 10,493
- -------------------------------------------------------------------------------------------------------
X 1,000 6,675
- -------------------------------------------------------------------------------------------------------
X 225 42,340
- -------------------------------------------------------------------------------------------------------
X 1,200 32,560
- -------------------------------------------------------------------------------------------------------
X 52,984
- -------------------------------------------------------------------------------------------------------
X 700 10,204
- -------------------------------------------------------------------------------------------------------
X 100 37,855
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 13
Page__ of __ FORM 13F NAME OF REPORTING MANAGER ROBERTS, GLORE & CO., INC.
<TABLE>
<CAPTION>
<S><C>
- ---------------------------------------------------------------------------------------
Item 2: Item 3: Item 4: Item 5:
Item 1: Title of CUSIP Fair Market Shares or
Name of Issuer Class Number Value Principal
Amount
- ---------------------------------------------------------------------------------------
Tootsie Roll cs 890516107 1,711,000 37,194
- ---------------------------------------------------------------------------------------
Tribune Co. cs 896047107 294,000 4,500
- ---------------------------------------------------------------------------------------
TrustCo Bank cs 898349105 2,302,000 92,065
- ---------------------------------------------------------------------------------------
Valspar Corp. cs 920355104 4,067,000 128,868
- ---------------------------------------------------------------------------------------
Vodaphone cs 92857T107 225,000 1,200
- ---------------------------------------------------------------------------------------
Vulcan Materials cs 929160109 384,000 9,300
- ---------------------------------------------------------------------------------------
Wal-Mart cs 931142103 203,000 2,200
- ---------------------------------------------------------------------------------------
Walgreen Inc. cs 931422109 1,861,000 65,870
- ---------------------------------------------------------------------------------------
Watson Pharm. cs 942683103 2,717,000 61,584
- ---------------------------------------------------------------------------------------
Xerox cs 984121103 240,000 4,600
- ---------------------------------------------------------------------------------------
COLUMN TOTALS 14,004,000
- ---------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S><C>
- -------------------------------------------------------------------------------------------------------
Item 6: Item 8:
Investment Discretion Item 7: Voting Authority
Managers (Shares)
(b) Shared- See Instr. V
(a) Sole As Defined (c) Shared- (a) Sole (b) Shared (c) None
in Instr. V. Other
- -------------------------------------------------------------------------------------------------------
X 436 36,758
- -------------------------------------------------------------------------------------------------------
X 4,500
- -------------------------------------------------------------------------------------------------------
X 1,662 90,403
- -------------------------------------------------------------------------------------------------------
X 1,200 127,668
- -------------------------------------------------------------------------------------------------------
X 1,200
- -------------------------------------------------------------------------------------------------------
X 200 9,100
- -------------------------------------------------------------------------------------------------------
X 2,200
- -------------------------------------------------------------------------------------------------------
X 65,870
- -------------------------------------------------------------------------------------------------------
X 250 61,334
- -------------------------------------------------------------------------------------------------------
X 4,600
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
</TABLE>
