UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: Carillon Advisers, Inc.
Address: 1876 Waycross Road
Cincinnati, OH 45240
13F File Number: 28-6180
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: Thomas G. Knipper
Title: Treasurer
Phone: (513) 595-2833
Signature, Place, and Date of Signing
/s/ Thomas G. Knipper Cincinnati, Ohio May 12, 1999
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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers 0
Form 13F Information Table Entry Total: 299
Form 13F Information Table Value Total: $376,527,806
List of Other Included Managers: None
<PAGE>
<TABLE>
VALUE SHARES/ SH/ PUT/ INVSTMT ---VOTING AUTHORITY----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (X$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMERICAN TELEPHONE AND TELEGRA COM 001957109 2792 34993 SH DEFINED 0 34993 0
ABBOTT LABS COM 002824100 1114 23800 SH DEFINED 0 23800 0
AFP PROVIDA SA ADR COM 00709P108 937 50000 SH DEFINED 0 50000 0
AIRTOUCH COMMUNICATIONS COM 00949T100 869 9000 SH DEFINED 0 9000 0
ALBERTSON'S INC COM 013104104 206 3800 SH DEFINED 0 3800 0
ALCOA INC COM 013817101 243 5900 SH DEFINED 0 5900 0
ALLIED CAPITAL CORP COM 01903Q108 2088 113639 SH DEFINED 0 113639 0
ALLIED SIGNAL, INC. COM 019512102 432 8800 SH DEFINED 0 8800 0
ALLSTATE CORP COM 020002101 478 12900 SH DEFINED 0 12900 0
ALLTELL CORP COM 020039103 268 4300 SH DEFINED 0 4300 0
AMERICAN ONLINE INC COM 02364J104 2102 14400 SH DEFINED 0 14400 0
AMERICA WEST HOLDING CORP CL-B COM 023657208 3145 165000 SH DEFINED 0 165000 0
AMERICAN BUILDING CO COM 024757106 1247 66100 SH DEFINED 0 66100 0
AMERICAN EXPRESS COMP COM 025816109 834 7100 SH DEFINED 0 7100 0
AMERICAN GENERAL CORP COM 026351106 274 3900 SH DEFINED 0 3900 0
AMER HOME PRODUCTS CORP COM 026609107 1350 20700 SH DEFINED 0 20700 0
AMERICAN INTERNATIONAL GROUP COM 026874107 2322 19258 SH DEFINED 0 19258 0
AMERICAN STORES COMP COM 030096101 145 4400 SH DEFINED 0 4400 0
AMERITECH CORPORATION COM 030954101 1007 17400 SH DEFINED 0 17400 0
AMGEN COM 031162100 599 8000 SH DEFINED 0 8000 0
AMRESCO INC COM 031909104 1506 196000 SH DEFINED 0 196000 0
ANCHOR GAMING COM 033037102 3543 81000 SH DEFINED 0 81000 0
ANDREW CORP COM 034425108 1777 144400 SH DEFINED 0 144400 0
ANHEUSER-BUSCH COMPANIES INC COM 035229103 571 7500 SH DEFINED 0 7500 0
APPLIED MATERIALS INC COM 038222105 357 5800 SH DEFINED 0 5800 0
ASCEND COMMUN1CAT1ONS 1NC COM 043491109 284 3400 SH DEFINED 0 3400 0
ASSOCIATES FIRST CAPITAL CORP COM 046008108 508 11300 SH DEFINED 0 11300 0
ATLANTIC RICHFIELD COM 048825103 372 5100 SH DEFINED 0 5100 0
ATWOOD OCEANICS INC COM 050095108 1911 63700 SH DEFINED 0 63700 0
AUTOMATIC DATA PROCESSING INC COM 053015103 388 9400 SH DEFINED 0 9400 0
AVISTA CORP COM 05379B107 2096 129000 SH DEFINED 0 129000 0
BB&T CORPORATION COM 054937107 564 15600 SH DEFINED 0 15600 0
BANK OF NEW YORK COM 064057102 427 11900 SH DEFINED 0 11900 0
BANC ONE CORP COM 06423A103 1015 18446 SH DEFINED 0 18446 0
BANKAMERICA CORP COM 06605F102 1917 27152 SH DEFINED 0 27152 0
BASIN EXPLORATION INC COM 070107107 2719 196000 SH DEFINED 0 196000 0
BAXTER INTERNATIONAL INC COM 071813109 297 4500 SH DEFINED 0 4500 0
BELL ATLANTIC COM 077853109 1261 24300 SH DEFINED 0 24400 0
BELL SOUTH CORP COM 079860102 1225 30600 SH DEFINED 0 30600 0
BESTFOODS COM 08658U101 211 4500 SH DEFINED 0 4500 0
BOEING COM 097023105 535 15700 SH DEFINED 0 15700 0
BOSTON SCIENTIFIC CORP COM 101137107 251 6200 SH DEFINED 0 6200 0
BRISTOL-MEYER/SQUIBB COM 110122108 2000 31100 SH DEFINED 0 31100 0
BURLINGTON NRTHRN SANTA FE CO COM 12189T104 249 7600 SH DEFINED 0 7600 0
CBS INC COM 12490K107 454 11100 SH DEFINED 0 11100 0
CIGNA CORP CI COM 125509109 276 3300 SH DEFINED 0 3300 0
CTS CORP COM 126501105 3707 75000 SH DEFINED 0 75000 0
CVS CORPORATION COM 126650100 289 6100 SH DEFINED 0 6100 0
CABOT OIL & GAS CORP COM 127097103 1227 85000 SH DEFINED 0 85000 0
CALLON PETROLEUM COMPANY COM 13123X102 1946 175000 SH DEFINED 0 175000 0
CAMPBELL SOUP COM 134429109 284 7000 SH DEFINED 0 7000 0
CARBIDE GRAPHITE GROUP COM 140777103 880 81000 SH DEFINED 0 81,000 0
CARDINAL HEALTH, INC. COM 14149Y108 283 4300 SH DEFINED 0 4,300 0
CARNIVAL CORPORATION COM 143658102 451 9300 SH DEFINED 0 9,300 0
CATERPILLAR INC COM 149123101 261 5700 SH DEFINED 0 5,700 0
CENDANT CORPORATION COM 151313103 211 13400 SH DEFINED 0 13,400 0
CHAMPION ENTERPRISES INC COM 158496109 2596 134000 SH DEFINED 0 134000 0
CHARTER ONE FINANCIAL INC COM 160903100 3340 115762 SH DEFINED 0 115762 0
CHAROEN POK FEEDMILL ADR COM 160904207 85 21025 SH DEFINED 0 21025 0
CHASE MANHATTAN COM 16161A108 1081 13300 SH DEFINED 0 13300 0
CHEVRON CORP COM 166751107 910 10300 SH DEFINED 0 10300 0
CIRCUIT CITY STORES INC COM 172737108 122 1600 SH DEFINED 0 1600 0
CISCO SYSTEMS INC COM 17275R102 2722 24850 SH DEFINED 0 24850 0
CITIGROUP INC COM 172967101 2280 35700 SH DEFINED 0 35700 0
CLAIRE'S STORES INC. COM 179584107 3889 129100 SH DEFINED 0 129100 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 281 4200 SH DEFINED 0 4200 0
CLOROX COM 189054109 210 1800 SH DEFINED 0 1800 0
COCA-COLA CO COM 191216100 2387 38900 SH DEFINED 0 38900 0
COLGATE PALMOLIVE CO COM 194162103 423 4600 SH DEFINED 0 4600 0
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 193 10200 SH DEFINED 0 10200 0
COMAIR HOLDINGS INC COM 199789108 3295 139500 SH DEFINED 0 139500 0
COMCAST CORP CL A SPECIAL COM 200300200 365 5800 SH DEFINED 0 5800 0
COMPAQ COMPUTERS CORP COM 204493100 849 26800 SH DEFINED 0 26800 0
COMPUTER ASSOCIATES COM 204912109 302 8500 SH DEFINED 0 8500 0
COMPX INTERNATIONAL COM 20563P101 2683 210500 SH DEFINED 0 210500 0
COMSTOCK RESOURCES INC COM 205768203 1010 330000 SH DEFINED 0 330000 0
CONVERGYS CORP COM 212485106 2568 150000 SH DEFINED 0 150000 0
CORNERSTONE REALTY INCOME COM 21922V102 191 18000 SH DEFINED 0 18000 0
CORNING CORP COM 219350105 216 3600 SH DEFINED 0 3600 0
CORVEL CORP COM 221006109 2359 66000 SH DEFINED 0 66000 0
COSTCO COMPANIES INC. COM 22160Q102 311 3400 SH DEFINED 0 3400 0
COTELLIGENT INC. COM 221630106 887 100000 SH DEFINED 0 100000 0
CYBEX CORPORATION COM 232522102 1766 98500 SH DEFINED 0 98500 0
D.R. HORTON INC COM 23331A109 4355 260000 SH DEFINED 0 260000 0
DAYTON HUDSON CORP COM 239753106 459 6900 SH DEFINED 0 6900 0
DE BEERS CONS MINES ADR COM 240253302 2973 157000 SH DEFINED 0 157000 0
DELL COMPUTER CORP COM 247025109 1635 40000 SH DEFINED 0 40000 0
DENTSPLY INTERNATIONAL INC COM 249030107 1395 60000 SH DEFINED 0 60000 0
DIALOGIC CORP COM 252499108 1830 60000 SH DEFINED 0 60000 0
WALT DISNEY CO COM 254687106 1002 32200 SH DEFINED 0 32200 0
DOW CHEMICAL COM 260543103 326 3500 SH DEFINED 0 3500 0
DUPONT DE NEMOURS & CO COM 263534109 1027 17700 SH DEFINED 0 17700 0
DUFF & PHELPS CREDIT RATING CO COM 26432F109 4441 84800 SH DEFINED 0 84800 0
DUKE POWER COM 264399106 305 5600 SH DEFINED 0 5600 0
ECI TELECOMMUNICATIONS ORD COM 268258100 7353 210100 SH DEFINED 0 210100 0
EMC CORP MASSACHUSETTS COM 268648102 1009 7900 SH DEFINED 0 7900 0
EARTHSHELL CORPORATION COM 27032B100 222 22780 SH DEFINED 0 22780 0
EASTMAN KODAK COM 277461109 325 5100 SH DEFINED 0 5100 0
ELECTRONIC DATA SYSTEMS CORP COM 285661104 377 7754 SH DEFINED 0 7754 0
EMERSON ELECTRIC CO COM 291011104 365 6900 SH DEFINED 0 6900 0
ENRON COM 293561106 334 5200 SH DEFINED 0 5200 0
ETHAN ALLEN INTERIORS COM 297602104 1729 41600 SH DEFINED 0 41600 0
EXXON CORP COM 302290101 2709 38400 SH DEFINED 0 38400 0
FPIC INSURANCE GROUP INC COM 302563101 3444 83000 SH DEFINED 0 83000 0
FAHNESTOCK VINER HLDGS CL-A COM 302921101 2156 150000 SH DEFINED 0 150000 0
FARO TECHNOLOGIES INC COM 311642102 255 40000 SH DEFINED 0 40000 0
FDX CORPORATION COM 31304N107 1327 14300 SH DEFINED 0 14300 0
FED HOME LOAN MTG CORP COM 313400301 605 10600 SH DEFINED 0 10600 0
FANNIE MAE COM 313586109 1121 16200 SH DEFINED 0 16200 0
FELCOR LODGING TRUST INC COM 31430F101 3614 155900 SH DEFINED 0 155900 0
FIBERMARK, INC. COM 315646109 1358 115000 SH DEFINED 0 115000 0
FIFTH THIRD BANCORP COM 316773100 276 4200 SH DEFINED 0 4200 0
FIRST BELL BANCORP INC COM 319301107 717 42200 SH DEFINED 0 42200 0
FIRST DATA COM 319963104 299 7000 SH DEFINED 0 7000 0
FIRST UNION CORP COM 337358105 828 15500 SH DEFINED 0 15500 0
FIRSTAR CORP (NEW) COM 33763V109 325 3635 SH DEFINED 0 3635 0
FLEET FINANCIAL GROUP, INC. COM 338915101 334 8900 SH DEFINED 0 8900 0
FORD MOTOR CO COM 345370100 1078 19000 SH DEFINED 0 19000 0
GTE CORP COM 362320103 919 15200 SH DEFINED 0 15200 0
GABLES RESIDENTIAL TRUST COM 362418105 1765 80000 SH DEFINED 0 60000 0
GANNETT CO INC COM 364730101 277 4400 SH DEFINED 0 4400 0
GAP INC COM 364760108 615 9150 SH DEFINED 0 9150 0
GENERAL ELECTRIC COM 369604103 5686 51400 SH DEFINED 0 51400 0
GENERAL MOTORS CORP COM 370442105 894 10300 SH DEFINED 0 10300 0
GIANT CEMENT HOLDING INC COM 374450104 1632 95000 SH DEFINED 0 95000 0
GILLETTE CO COM 375766102 1034 17400 SH DEFINED 0 17400 0
GOLDEN STATE BANCORP COM 381197102 556 25000 SH DEFINED 0 25000 0
GUIDANT CORP COM 401698105 284 4700 SH DEFINED 0 4700 0
GULF ISLAND FABRICATION, INC COM 402307102 1081 103000 SH DEFINED 0 103000 0
GULFMARK OFFSHORE INC COM 402629109 376 31500 SH DEFINED 0 31500 0
GYMBOREE CORP COM 403777105 1161 130000 SH DEFINED 0 130000 0
HALLIBURTON CO COM 406216101 277 7200 SH DEFINED 0 7200 0
HAMILTON BANCORP INC COM 407013101 1293 50000 SH DEFINED 0 50000 0
HARTFORD FINANCIAL SERVICES COM 416515104 210 3700 SH DEFINED 0 3700 0
HEALTHSOUTH CORPORATION COM 421924101 68 6600 SH DEFINED 0 6600 0
HEALTH MGMT. ASSOC. CL.A COM 421933102 1218 100000 SH DEFINED 0 100000 0
HEALTHCARE RLTY TR COM 421946104 2990 157400 SH DEFINED 0 157400 0
H J HEINZ CO COM 423074103 270 5700 SH DEFINED 0 5700 0
HEWLETT-PACKARD CO COM 428236103 3004 44300 SH DEFINED 0 44300 0
HOME DEPOT COM 437076102 1437 23100 SH DEFINED 0 23100 0
HOSPITALITY PROPERTIES TRUST COM 44106M102 1732 64000 SH DEFINED 0 64000 0
HOUSEHOLD INTERNATIONAL COM 441815107 346 7600 SH DEFINED 0 7600 0
HOUSTON EXPLORATION CO COM 442120101 1737 100000 SH DEFINED 0 100000 0
HYPERION 1999 TERM TRUST COM 448913103 725 100000 SH DEFINED 0 100000 0
ILLINOIS TOOL WORKS COM 452308109 247 4000 SH DEFINED 0 4000 0
INCOME OPPORTUNITY FUND 1999 COM 45333P107 292 30000 SH DEFINED 0 30000 0
INCOME OPPORTUNITY FUND 2000 COM 45333Q105 253 26000 SH DEFINED 0 26000 0
INTEL CORP COM 458140100 3126 26300 SH DEFINED 0 26300 0
INT'L BUSINESS MACHINES COM 459200101 2605 14700 SH DEFINED 0 14700 0
INTERNATIONAL PAPER COM 460146103 215 5100 SH DEFINED 0 5100 0
INVACARE CORP COM 461203101 4765 196000 SH DEFINED 0 196000 0
INVESTMENT TECH GROUP COM 461450108 1040 20500 SH DEFINED 0 20500 0
JEFFERIES GROUP, INC COM 472318104 7509 158300 SH DEFINED 0 158300 0
JOHNSON & JOHNSON CO COM 478160104 1976 21100 SH DEFINED 0 21100 0
KELLOGG CO COM 487836108 213 6300 SH DEFINED 0 6300 0
KEYCORP COM 493267108 218 7200 SH DEFINED 0 7200 0
KIMBERLY CLARK COM 494368103 407 8500 SH DEFINED 0 6500 0
KROGER COM 501044101 239 4000 SH DEFINED 0 4000 0
LCA-VISION INC COM 501803209 200 50000 SH DEFINED 0 50000 0
LMI AEROSPACE 1NC COM 502079106 603 105000 SH DEFINED 0 105000 0
LSI INDUSTRIES COM 50216C108 2531 150000 SH DEFINED 0 150000 0
LABORATORIO CHILE ADR COM 50540H104 2428 156700 SH DEFINED 0 156700 0
LANDRYS SEAFOOD RESTAURANTS COM 51508L103 1934 302000 SH DEFINED 0 302000 0
LILLY ELI & CO COM 532457108 1459 17200 SH DEFINED 0 17200 0
LINDBERG CORP. COM 535171102 972 110300 SH DEFINED 0 110300 0
LOCKHEED MARTIN CORP COM 539830109 233 6200 SH DEFINED 0 6200 0
LOWES COMPANIES COM 548661107 332 5500 SH DEFINED 0 5500 0
LUCENT TECHNOLOGIES COM 549463107 2230 20700 SH DEFINED 0 20700 0
LUXOTTICA GROUP S.P.A. COM 55068R202 3605 280000 SH DEFINED 0 280000 0
MBNA CORPORATION COM 55262L100 300 12600 SH DEFINED 0 12600 0
MCI WORLD COMINC. COM 55268B106 2548 28773 SH DEFINED 0 28773 0
MARINE DRILLING CO INC COM 568240204 3179 289000 SH DEFINED 0 289000 0
MARSH & MCLENNAN CO COM 571748102 296 4000 SH DEFINED 0 4000 0
MASTEC INC. COM 576323109 920 40000 SH DEFINED 0 40000 0
MATTHEWS INTERNATIONAL CORP COM 577128101 2436 89000 SH DEFINED 0 89000 0
MAXWELL SHOE CO INC- A COM 577766108 1625 188500 SH DEFINED 0 188500 0
MAY DEPT STORES COM 577778103 217 5550 SH DEFINED 0 5550 0
MCDONALDS CORP COM 580135101 969 21400 SH DEFINED 0 21400 0
MCKESSON HBOC INC COM 58155Q103 281 4272 SH DEFINED 0 4272 0
MEDIAONE GROUP COM 58440J104 603 9500 SH DEFINED 0 9500 0
MEDTRONIC INC COM 585055106 660 9200 SH DEFINED 0 9200 0
MELLON BANK COM 585509102 288 4100 SH DEFINED 0 4100 0
MERCK & CO COM 589331107 2999 37400 SH DEFINED 0 37400 0
MERRILL LYNCH COM 590188108 495 5600 SH DEFINED 0 5600 0
MICROSOFT CORP COM 594918104 7008 78200 SH DEFINED 0 78200 0
MID-AMERICA APARTMENT COMM COM 59522J103 1923 90000 SH DEFINED 0 90000 0
MID-IOWA FINANCIAL COM 59540A100 181 12700 SH DEFINED 0 12700 0
MIDCAP SPDR TR UNIT SER 1 COM 595635103 1861 27000 SH DEFINED 0 27000 0
MIDWEST EXPRESS HOLDINGS COM 597911106 5250 178750 SH DEFINED 0 178750 0
MILLER EXPLORATION CO COM 600533103 64 21000 SH DEFINED 0 21000 0
3M CO COM 604059105 452 6400 SH DEFINED 0 6400 0
MOBIL CORP COM 607059102 1082 12300 SH DEFINED 0 12300 0
MONSANTO CO COM 611662107 450 9800 SH DEFINED 0 9800 0
MORGAN (J.P.) & CO, INC COM 616880100 345 2800 SH DEFINED 0 2800 0
MORGAN STANLEY DEAN WITTER& CO COM 617446448 909 9100 SH DEFINED 0 9100 0
MOTOROLA INC COM 620076109 695 9500 SH DEFINED 0 9500 0
MUELLER INDUSTRIES COM 624756102 3132 140000 SH DEFINED 0 140000 0
NCI BUILDING SYSTEMS INC. COM 628852105 2899 123400 SH DEFINED 0 123400 0
NAM TAI ELECTRONICS COM 629865205 2782 278233 SH DEFINED 0 278233 0
NATIONAL CITY CORPORATION COM 635405103 345 5200 SH DEFINED 0 5200 0
NATIONAL RV HOLDINGS INC COM 637277104 3318 15000 SH DEFINED 0 150000 0
NAUTICA ENTERPRISES INC. COM 639089101 493 43600 SH DEFINED 0 43600 0
NEWELL RUBBERMAID INC COM 651229106 213 4491 SH DEFINED 0 4491 0
NEWFIELD EXPLORATION COMPANY COM 651290108 2262 100000 SH DEFINED 0 100000 0
NEWARK HOMES CORP. COM 651578106 1235 190000 SH DEFINED 0 190000 0
NIKE CLASS B COM 654106105 259 4500 SH DEFINED 0 4500 0
NORTHERN TELE COM COM 665815106 634 10220 SH DEFINED 0 10220 0
NORTHWEST PIPE CO COM 667746101 2894 175400 SH DEFINED 0 175400 0
OMNICOM GROUP COM 681919106 215 2700 SH DEFINED 0 2700 0
OMNIQUIP INTL INC COM 681969101 3795 323000 SH DEFINED 0 323000 0
ORACLE SYSTEMS COM 68389X105 603 22900 SH DEFINED 0 22900 0
PNC FINANCIAL CORP COM 693475105 261 4700 SH DEFINED 0 4700 0
PAC1F1C GULF PROPERTIES COM 694396102 180 10000 SH DEFINED 0 10000 0
PARKWAY PROPERTIES INC COM 701590104 3185 113000 SH DEFINED 0 113000 0
PEOPLES HERITAGE FIN'L GROUP COM 711147108 1800 100000 SH DEFINED 0 100000 0
PEPSICO 1NC COM 713448108 905 23100 SH DEFINED 0 23100 0
PERFORMANCE TECHNOLOGIES INC COM 71376K102 1295 120500 SH DEFINED 0 120500 0
PHARMACIA & UPJOHN INC COM 716941109 499 8000 SH DEFINED 0 8000 0
PFIZER INC COM 717081103 2830 20400 SH DEFINED 0 20400 0
PHILIP MORRIS CO INC COM 718154107 1351 38400 SH DEFINED 0 38400 0
PHILLIPS PETROLEUM CO COM 718507106 189 4000 SH DEFINED 0 4000 0
PIER 1 IMPORTS COM 720279108 609 75000 SH DEFINED 0 75000 0
PITNEY BOWES INC COM 724479100 274 4300 SH DEFINED 0 4300 0
PRIME RETAIL INC COM 741570105 105 12000 SH DEFINED 0 12000 0
PRIDE INTERNATIONAL INC COM 741932107 1584 192000 SH DEFINED 0 192000 0
PRISON REALTY CORP COM 74264N105 244 14000 SH DEFINED 0 14000 0
PROCTER & GAMBLE COM 742718109 2046 20900 SH DEFINED 0 20900 0
PROVIDIAN FINANCIAL CORP COM 74406A102 242 2200 SH DEFINED 0 2200 0
RFS HOTEL INVESTORS INC COM 74955J108 1337 115700 SH DEFINED 0 115700 0
RAYMOND JAMES FINANCIAL CORP COM 754730109 2937 148725 SH DEFINED 0 148725 0
RAYTHEON CO - CLASS B COM 755111408 310 5300 SH DEFINED 0 530O 0
REMEDYTEMP INC CL A COM 759549108 1130 90000 SH DEFINED 0 90000 0
RICHFOOD HOLDINGS, INC. COM 763408101 5282 245000 SH DEFINED 0 245000 0
ROHM & HMS CO COM 775371107 90 2700 SH DEFINED 0 2700 0
ROYAL DUTCH PETROLEUM ADR COM 780257804 1752 33700 SH DEFINED 0 33700 0
SBC COMMUNICATIONS, INC. COM 78387G103 1451 30,800 SH DEFINED 0 30,800 0
S&P 500 DEPOSITARY RECEIPT COM 78462F103 1924 15000 SH DEFINED 0 15000 0
SPSS INC COM 78462K102 2325 142000 SH DEFINED 0 142000 0
STB SYSTEMS INC COM 784741100 389 49800 SH DEFINED 0 49800 0
SAFEWAY INC COM 786514208 389 7600 SH DEFINED 0 7600 0
ST. JOE COMPANY COM 790148100 1079 44500 SH DEFINED 0 44500 0
SARA LEE CORP COM 803111103 353 14300 SH DEFINED 0 14300 0
SAVILLE SYSTEMS IRELAND-ADA COM 805174109 857 70000 SH DEFINED 0 70000 0
SAWTEK INC COM 805468105 2193 65000 SH DEFINED 0 65000 0
SCHERING PLOUGH CORP COM 806605101 1277 23100 SH DEFINED 0 23100 0
SCHLOTZSKY'S INC COM 806832101 2429 218400 SH DEFINED 0 218400 0
SCHLUMBERGER COM 806857108 571 9500 SH DEFINED 0 9500 0
CHARLES SCHWAB CORP COM 808513105 605 6300 SH DEFINED 0 6300 0
SCIENTIFIC GAMES HLDGS CORP COM 808747109 2841 160100 SH DEFINED 0 160100 0
SEAGRAMS LTD COM 811850106 310 6200 SH DEFINED 0 6200 0
SEARS ROEBUCK & CO COM 812387108 275 6100 SH DEFINED 0 6100 0
SOUTHERN CO COM 842587107 249 10700 SH DEFINED 0 10700 0
SPRINT CORPORATION COMMON COM 852061100 667 6800 SH DEFINED 0 6800 0
SPRINT PCS GROUP COM 852061506 307 6950 SH DEFINED 0 6950 0
STANLEY FURNITURE CO COM 854305208 3096 158800 SH DEFINED 0 158800 0
STAPLES INC COM 855030102 241 7350 SH DEFINED 0 7350 0
STATE STREET CORP COM 857477103 205 2500 SH DEFINED 0 2500 0
STRATTEC SECURITY CORPORATION COM 863111100 4168 148200 SH DEFINED 0 148200 0
SUN MICROSYSTEMS COM 866810104 750 6000 SH DEFINED 0 6000 0
SUN TRUST BANKS, INC. COM 867914103 311 5000 SH DEFINED 0 5000 0
SUPREME INTERNATIONAL CORP COM 868610106 1017 104400 SH DEFINED 0 104400 0
TELLABS 1NC COM 879664100 303 3100 SH DEFINED 0 3100 0
TEMPLETON GLOBAL INCOME FUND COM 880198106 193 29000 SH DEFINED 0 29000 0
TEXACO COM 881694103 482 8500 SH DEFINED 0 8500 0
TEXAS INTRUMENTS COM 882508104 615 6200 SH DEFINED 0 6200 0
TEXAS REGIONAL BANCSHARES-A COM 882673106 1350 50000 SH DEFINED 0 50000 0
TIME WARNER INC COM 887315109 1371 19300 SH DEFINED 0 19300 0
TOLL BROS COM 889478103 2084 115000 SH DEFINED 0 115000 0
TRAVIS BOATS & MOTORS COM 894363100 270 15000 SH DEFINED 0 15000 0
TRINET CORPORATE REALTY TRUST COM 896287109 1020 40200 SH DEFINED 0 40200 0
TYCO INTERNATIONAL LTD COM 902124106 723 10084 SH DEFINED 0 10084 0
UICI COM 902737105 2025 90000 SH DEFINED 0 90000 0
U.S. BANCORP COM 902973106 388 11400 SH DEFINED 0 11400 0
UNUM CORPORATION COM 903192102 104 2200 SH DEFINED 0 2200 0
UNILEVER (NEW YORK SHARES) ADR COM 904784501 671 10100 SH DEFINED 0 10100 0
UNION PACIFIC CORP COM 907818108 208 3900 SH DEFINED 0 3900 0
UNITED INVESTOR REALTY TRUST COM 910741107 877 120000 SH DEFINED 0 120000 0
US WEST INC COM 91273H101 434 7900 SH DEFINED 0 7900 0
UNITED TECHNOLOGIES CORP COM 913017109 487 3600 SH DEFINED 0 3600 0
VIACOM INC -CL B COM 925524308 461 5500 SH DEFINED 0 5500 0
VTECH HOLDINGS LIMITED ADR COM 928929108 242 8400 SH DEFINED 0 8,400 0
WACHOV1A CORP COM 929771103 259 3200 SH DEFINED 0 3,200 0
WAL-MART STORES INC COM 931142103 3327 36100 SH DEFINED 0 36100 0
WALGREEN CO COM 931422109 440 15600 SH DEFINED 0 15600 0
WARNER-LAMBERT CO COM 934488107 853 12900 SH DEFINED 0 12900 0
WASHINGTON MUTUAL, INC. COM 939322103 379 9284 SH DEFINED 0 9284 0
WASTE MANAGEMENT INC (NEW) COM 94106L109 402 9070 SH DEFINED 0 9070 0
WELLS FARGO COMPANY COM 949746101 890 25400 SH DEFINED 0 25400 0
WILLIAMS COS COM 969457100 264 6700 SH DEFINED 0 6700 0
WINSLOEW FURNITURE INC COM 975377102 2027 68000 SH DEFINED 0 68000 0
WINSTON HOTELS COM 97563A102 195 24300 SH DEFINED 0 24300 0
XEROX CORP COM 984121103 555 10400 SH DEFINED 0 10400 0
YPF S.A. - SPONSORED ADR COM 984245100 1104 35000 SH DEFINED 0 35000 0
YORK GROUP INC COM 986632107 457 62000 SH DEFINED 0 62000 0
YOUNG INNOVATIONS INC COM 987520103 1254 106800 SH DEFINED 0 106800 0
ZINDART LIMITED-ADA COM 989597109 73 13000 SH DEFINED 0 13000 0
ORTHOFIX INTERNATIONAL N.V COM N6748L102 3327 221836 SH DEFINED 0 221836 0
BANCO LATINOAMERICANO DE EXP COM P16994132 1950 75000 SH DEFINED 0 75000 0
J RAY MCDERMOTT COM P64658100 1344 45000 SH DEFINED 0 45000 0
</TABLE>
