FORM 13F
Report for the Calendar Year or Quarter
Ended: June 30, 1999
This Amendment (Check only one.):
X is a restatement
adds new holding entries.
Institutional Investment Manager Filing this Report:
Name: Kahn Brothers & Co., Inc.
Address: 555 Madison Ave., 22nd Floor, NY, NY, 10022
Form 13F File Number:
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: Kenneth Rodwogin
Title: Vice President
Phone: (212) 980-5050
Signature, Place, and Date of Signing:
[Signature]/s/ Kenneth Rodwogin
[City, State] New York, NY
[Date] July 27,1999
Report Type (Check only one.):
13F HOLDINGS REPORT. (Check here if
all holdings of this reporting manager
are reported in this report.) X
13F NOTICE. (Check here if no holdings
reported are in this report, and all
holdings are reported by other
reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
NONE
Form 13F Information Table Entry Total:
298
Form 13F Information Table Value Total:
$409,954,094
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 entires.]
NONE
KAHN BROTHERS & CO. INC.
FORM 13F
June 30, 1999
INVEST VOTING
DISCR. AUTH
SECURITY CLASS CUSIP MARKET QTY SOLE NONE
VALUE
COMMON STOCK
ABBOTT LABORATORIES COM 2824100 244,118 5,380 x 5,380
ACX TECH. COM 51231044 218,791 13,464 x 13,464
ADVANCED MARKETING COM 00753T105 14,361,285 957,419 x 957,419
AEGON NV ADR COM 7924103 45,250 612 x 612
AETNA LIFE & CASUALTY COM 008140105 146,678 1,640 x 1,640
AFFILIATED COMP.SVC . COM 8190100 1,248,413 24,660 x 24,660
ALBERMERMARLE CORP COM 12653101 371,156 16,050 x 16,050
ALCOA COM 22249106 37,125 600 x 600
ALEXANDER & BALDWIN COM 014482103 118,481 5,325 x 5,325
ALLIED IRISH BANKS COM 19228402 98,100 3,600 x 3,600
ALLERGAN INC. COM 18490102 44,400 400 x 400
ALLSTATE CORP COM 20002101 1,179,148 32,868 x 32,868
ALLSTATE FIN'L SVCS. COM 020011102 66,300 31,200 x 31,200
ALLSTATE 7.125% PFD 20002200 304,369 12,455 x 12,455
AMCAST INDUSTRIAL COM 023395106 601,116 36,850 x 36,850
AMEREN CORP COM 23608102 38,375 1,000 x 1,000
AMERICAN ELECTRIC PWR COM 02553701 25,054 667 x 667
AMERICAN EXPRESS COM 025816109 256,606 1,972 x 1,972
AMERICAN HOME PDTS. COM 022609107 11,772,749 205,190 x 205,190
AMERICA ONLINE COM 23645104 110,000 1,000 x 1,000
AMERICAN TEL & TEL COM 030177109 18,907,447 338,765 x 338,765
AT & T CAP. 8.25% PFD 00206J209 139,219 5,500 x 5,500
AMERITECH CORP. COM 030954101 324,870 4,420 x 4,420
ABN AMRO 7.5 % PFD 00371Q202 175,175 7,150 x 7,150
ANNALY MORT/ COM 35710409 1,116,563 99,250 x 99,250
APEX MORT. CAPITAL INC COM 37564101 57,244 4,300 x 4,300
ARCHER DANIELS MIDLAND COM 039483102 466,263 30,203 x 30,203
ARCHSTONE COMM. TR. COM 39581103 386,100 17,600 x 17,600
ARTIC CAT INC COM 39670104 251,144 28,100 x 28,100
ASHLAND OIL CO. COM 044540102 512,597 12,775 x 12,775
ASTORIA FIN'L COM 46265104 1,347,403 30,667 x 30,667
AUSTRALIA & N.ZEALAND PFD 052528403 312,728 11,450 x 11,450
AUSTRALIA & N.ZEALAND PFD 1824101 590,538 23,800 x 23,800
BAKER FENTRESS CO. COM 057213100 1,094,554 57,608 x 57,608
BANKAMERICA COM 66050105 66,348 905 x 905
BANK OF NY PRC PFD 96564208 666,094 26,250 x 26,250
BASSETT FURNITURE COM 70203104 186,431 8,150 x 8,150
BCE INC. COM 05534B109 5,641,394 114,400 x 114,400
BELL ATLANTIC COM 77853109 339,558 5,194 x 5,194
BELLSOUTH CORP COM 79860102 432,376 9,374 x 9,374
BRISTOL MYERS SQUIBB COM 110122108 5,169,429 73,390 x 73,390
BANCO SANTANDER COM 059574202 50,700 4,800 x 4,800
BP AMOCO COM 55622104 456,0266 4,203 x 4,203
BURLINGTON RESOURCES COM 122014103 248,688 5,750 x 5,750
CABOT CORP COM 127055101 781,498 32,310 x 32,310
CANADIAN PACIFIC COM 136440302 288,131 12,100 x 12,100
CARDINAL FIN'L CORP COM 14149F109 58,000 8,000 x 8,000
CARLTON COMM. 8% PFD G19068140 553,125 22,125 x 22,125
CATELIUS DEV. COM 149111106 45,750 3,000 x 3,000
CBS CORP. COM 12490K107 26,138 600 x 600
CENTRIS GROUP COM 155904105 10,598,891 1,046,804 x 1,046,804
CFS BANCORP COM 12525D102 5,405,247 494,175 x 494,175
CHEVRON CORP COM 166751107 447,935 4,712 x 4,712
CHARTER ONE FIN'L COM 160903100 7,280,651 261,772 x 261,772
CITIGROUP COM 172967101 317,276 6,679 x 6,679
CISCO SYS INC COM 17275R102 138,541 2,150 x 2,150
CLASSIC BANCSHARES COM 18272M104 378,000 27,000 x 27,000
CLAYTON HOMES COM 184190106 331,402 28,975 x 28,975
CLEVELAND CLIFFS COM 1858961077 934,828 28,875 x 28,875
COMMERCIAL NET LEASE COM 202218103 838,806 65,150 x 65,150
COMMONWEALTH BANC COM 20268X102 425,119 23,700 x 23,700
COMMUNITY BANK. OF VA. COM 203631106 221,025 8,841 x 8,841
COLGATE PALMOLIVE COM 194162103 301,410 3,060 x 3,060
COLUMBIA GAS SYS. COM 197648108 671,388 10,710 x 10,710
CONAGRA INC COM 205887102 170,906 6,419 x 6,419
COOPER TIRE & RUBBER COM 216831107 696,938 29,500 x 29,500
CORNING INC. COM 219350105 1,272,769 18,150 x 18,150
CRAZY WOMAN CREEK COM 225233105 890,625 75,000 x 75,000
CYPRUS AMAX MINERALS COM 232809103 231,038 15,150 x 15,150
CRONOS GROUP COM L20708100 129,020 32,255 x 32,255
CSX CORP COM 126408403 27,225 600 x 600
DAMEN FIN'L COM 235906104 833,920 45,850 x 45,850
DEBEERS COM 240253302 6,481,418 271,473 x 271,473
DEERE & CO. COM 244199105 189,080 4,825 x 4,825
DETROIT DIESEL COM 250837101 49,250 2,000 x 2,000
DEUTSCHE BK. COM 251525200 123,500 2,000 x 2,000
DIME COMM.BANC. COM 253922108 4,479,345 192,660 x 192,660
DORAL FIN'L COM 25811P110 207,000 12,000 x 12,000
DUFFS & PHELP UTIL.BD COM 26432K108 33,350 2,300 x 2,300
E.I. DUPONT DE NEMOURS COM 263534109 229,052 3,353 x 3,353
DUKE ENERGY CORP COM 264399106 65,325 1,200 x 1,200
DT INDS COM 23333J108 176,400 19,200 x 19,200
EASTMAN KODAK COM 277461109 54,200 800 x 800
EDO CORP. COM 281347104 158,775 21,900 x 21,900
ELEC. DATA SYS COM 285661104 450,169 7,950 x 7,950
EMERSON ELECTRIC COM 291011104 62,938 1,000 x 1,000
ENGELHARD CORP COM 292845104 511,325 22,600 x 22,600
ETHYL CORP COM 297659104 1,324,800 220,800 x 220,800
EQUITABLE COMPANIES INC COM 29444G107 50,250 750 x 750
EXCEL TECHNOLOGY INC COM 30067I103 49,423 3,730 x 3,730
EXXON CORP. COM 302290101 1,673,458 21,698 x 21,698
FEDERAL NAT'L MTGE. COM 313586109 854,422 12,519 x 12,519
FED.REALTY INVT. TR. COM 313747206 662,894 28,900 x 28,900
FFY FIN'L COM 302424108 2,691,750 145,500 x 145,500
FIDELITY FIN'L OF OHIO COM 31614P107 745,200 62,100 x 62,100
FIRST AUSTRALIA FND INC COM 318652104 24,130 3,040 x 3,040
FIRST DEFIANCE FIN CORP COM 32006W106 976,500 86,800 x 86,800
FIRST PLACE FIN'L COM 33610T109 2,674,507 217,210 x 217,210
FIRST UNION CORP. COM 337358105 484,351 10,278 x 10,278
FLUSHING FINANCIAL CORP COM 343873105 4,614,806 300,150 x 300,150
F&M NATIONAL CORP COM 302374103 327,362 9,864 x 9,864
FREEPORT MCMORAN PFD 35671D600 39,844 2,500 x 2,500
FREEPORT MCMO COP PFD 35671D501 58,125 3,100 x 3,100
FRESH DEL MONTE COM G36738105 551,581 39,050 x 39,050
FRANCE GROWTH FD. COM 35177K108 154,124 11,209 x 11,209
GTE CORP COM 362320103 153,265 2,030 x 2,030
GATX CORP. COM 361448103 2,598,180 68,260 x 68,260
GENERAL ELECTRIC COM 369604103 1,996,484 17,668 x 17,668
GENERAL MOTORS COM 370442105 295,416 4,476 x 4,476
GERMANY FUND COM 374143105 46,514 3,293 x 3,293
GLAXO HOLDINGS COM 377327309 147,225 2,600 x 2,600
GREAT LAKE CHEM. COM 390568103 87,519 1,900 x 1,900
GREEN POINT FINANCIALS COM 395384100 1,219,987 37,180 x 37,180
GUILFORD PHARMACEUT. COM 401829106 82,875 6,500 x 6,500
GUARANTY FIN'L CORP. COM 401086103 261,625 23,000 x 23,000
HAGGAR COM 405173105 10,152,871 773,552 x 773,552
HARBOR FED.BANC. COM 41151A108 10,230 660 x 660
HARTFORD FIN SVCS PFD 416315208 407,738 16,600 x 16,600
HARTFORD CAP SER B PFD 416320208 313,875 12,400 x 12,400
HEILIG-MEYERS COM 422893107 126,031 18,500 x 18,500
HELMERICH PAYNE COM 423452101 172,463 7,300 x 7,300
HERITAGE BANK (VA) COM 42721D101 117,413 30,300 x 30,300
HERMAN MILLER INC COM 60054410 3,359,475 159,975 x 159,975
H & Q HEALTHCARE COM 404052102 1,470,269 100,963 x 100,963
H & Q LIFE SCIENCE COM 404053100 1,031,760 82,541 x 82,541
HERSHEY FOODS COM 427866108 65,313 1,100 x 1,100
HIGHLANDS CAP TR PFD 431008200 386,250 15,000 x 15,000
HIGHLANDS INS.GROUP COM 431032101 360,150 34,300 x 34,300
HOLOGIC COM 436440101 2,804,906 498,650 x 498,650
HOUSEHOLD INT'L COM 441815107 85,275 1,800 x 1,800
HONG KONG TELECOMM COM 438579203 27,099 1,004 x 1,004
HUBCO COM 404382103 3,316,306 105,699 x 105,699
HUDSON RIVER COM 444128102 7,520,601 676,009 x 676,009
IBM COM 459200101 17,343,474 137,095 x 137,095
ICN PHARM. COM 448924100 17,703 550 x 550
IMCO RECYCLING INC COM 449681105 871,663 50,900 x 50,900
IMPERIAL SUGAR CORP COM 453096109 7,553,101 1,088,667 x 1,088,667
INT'L MULTIFOODS CORP. COM 460043102 593,416 26,300 x 26,300
INTEL CORP. COM 458140100 285,600 4,800 x 4,800
IRT PROPERTY CO. COM 450058102 822,133 83,254 x 83,254
JSB FIN'L COM 46624M100 7,932,481 155,921 x 155,921
JEFFERSON PILOT COM 475070108 690,005 10,425 x 10,425
JOHNSON & JOHNSON COM 478160104 1,060,360 10,820 x 10,820
JP MORGAN & CO INC. COM 616880100 59,010 420 x 420
KEYCORP COM 493267108 334,100 10,400 x 10,400
KIMCO RALTY CORP PFD 49446R604 606,234 23,950 x 23,950
KLEINWORT BENSON COM 498577105 1,032,581 152,975 x 152,975
KLAMATH FIRST BANCORP COM 49842P103 123,000 8,200 x 8,200
KOGER EQUITY INC. COM 500228101 123,513 6,699 x 6,699
LANCHILE COM 501723100 61,094 8,500 x 8,500
LATIN AMER. FUND COM 518279104 565,875 50,300 x 50,300
LAFARGE CORP. COM 505862102 854,044 24,100 x 24,100
LANDMARK SVGS. BK. COM 514928100 2,197,377 116,801 x 116,801
LEHMAN BROS. HOLDINGS COM 524908100 74,550 1,200 x 1,200
LINCOLN NATL CORP PFD 534178207 176,313 7,000 x 7,000
LORAL SPACE COM G56462107 1,167,300 64,850 x 64,850
LUCENT COM 549463107 637,152 9,448 x 9,448
M.A. HANNA COM 410522106 1,533,860 93,315 x 93,315
MANPOWER INC COM 56418H100 31,675 1,400 x 1,400
MARATHON FINANCIAL COM 56580P104 135,000 20,000 x 20,000
MARION CAPITAL HLDG COM 568635106 12,450 600 x 600
MARITRANS INC. COM 570363101 5,040,777 896,138 x 896,138
MARRIOTT INT'L COM 571900109 149,575 4,002 x 4,002
MASCO CORP. COM 574599106 355,163 12,300 x 12,300
MASON-DIXON CAP PFD 57520R200 252,875 8,500 x 8,500
MAXXAM CORP. COM 577913106 2,757,569 42,753 x 42,753
MCI CAPITAL PFD 552674206 260,000 10,400 x 10,400
MEDIAONE GROUP INC COM 58440J104 89,250 1,200 x 1,200
MELLON BANK COM 585509102 98,213 2,700 x 2,700
MERCK COM 589331107 785,064 10,663 x 10,663
MERCHANTS GROUP COM 588539106 3,507,841 156,775 x 156,775
MERRILL LYNCH& CO PFD 590188819 107,844 3,500 x 3,500
MERRILL LYNCH CAP PFD 59021C203 209,353 8,150 x 8,150
MICROSOFT COM 594918104 72,150 800 x 800
MIDLAND BK PLC 9.55% PFD 597433853 25,750 1,000 x 1,000
MINE SAFETY APPLIANCE COM 602720104 1,526,400 23,850 x 23,850
MINN. MINING & MFG. COM 604059105 79,983 920 x 920
MISSISSIPPI CHEMICAL COM 605288208 8,616,929 878,121 x 878,121
MORGAN STAN. AFR.FD. COM 617444104 127,069 12,550 x 12,550
ML CAP 7.28 PFD 59021K205 152,734 6,250 x 6,250
MOBIL CORP. COM 607059102 649,676 6,579 x 6,579
MOORE PRODUCTS COM 615836103 440,410 19,200 x 19,200
MONTEREY BAY BANCORP. COM 61239H107 4,697,860 318,499 x 318,499
MONY GROUP COM 615337102 13,043,823 399,780 x 399,780
MORTON INDL GROUP INC COM 619328107 171,875 25,000 x 25,000
MOTOROLA INC. COM 620076109 287,093 3,030 x 3,030
NALCO CHEMICAL CO. COM 629853102 522,641 10,075 x 10,075
NESTLE SA-SPONSORED COM 641069406 18,050 200 x 200
NAT'L AUST BK COM 632525408 436,128 5,192 x 5,192
NAT'L WEST. 8.75% PFD PFD 638539700 155,625 6,000 x 6,000
NAT'L WEST. 7.875% PFD PFD 638539809 393,269 15,575 x 15,575
NAT'L RURAL UTIL. PFD 637432204 2,046,247 82,055 x 82,055
NATIONWIDE HEALTH PROP COM 638620104 61,000 3,200 x 3,200
NEXTEL COMM CORP COM 65332V103 163,109 3,250 x 3,250
NEW GERMANY FD. COM 644465106 723,864 59,394 x 59,394
NEW YORK MAGIC COM 629484106 745,625 47,720 x 47,720
NORDSON CORP. COM 655663102 1,255,625 20,500 x 20,500
NORFOLK & SOUTHERN COM 655844108 18,075 600 x 600
NORTHWEST PIPE CO COM 667746101 230,256 13,850 x 13,850
NOVARTIS ADR COM 66987V109 10,729,835 146,610 x 146,610
OAKWOOK HOMES COM 674098108 221,813 16,900 x 16,900
OCCIDENTAL PETE CORP. COM 674599105 507,380 24,018 x 24,018
OFFSHORE LOGISTICS COM 676255102 2,190,012 196,855 x 196,855
OLSTEN CORP. COM 681385100 576,931 91,395 x 91,395
OLD REPUBLIC COM 680223104 7,600,801 439,025 x 439,025
PACIFIC CORP. COM 695114108 294,000 16,000 x 16,000
PALL CORP PV COM 696429307 374,969 16,900 x 16,900
PETROLEUM HELO. COM 716604202 907,725 74,100 x 74,100
PEOPLESOFT INC. COM 712713106 37,950 2,200 x 2,200
PFIZER INC. COM 717081103 1,111,800 10,200 x 10,200
PHOENIX INVESTMENT COM 719085102 65,550 7,600 x 7,600
PNC BANK CORP. COM 693475105 92,200 1,600 x 1,600
POST PROPERTIES COM 737464107 401,800 9,800 x 9,800
POCAHONTAS BANCORP COM 730234101 56,250 7,500 x 7,500
PP & L RESOURCES COM 693499105 30,750 1,000 x 1,000
PROCTER & GAMBLE COM 742718109 178,500 2,080 x 2,080
PRAXAIR INC. COM 74005P104 702,253 14,350 x 14,350
PROVIDENT BK. CORP COM 743859100 224,505 9,656 x 9,656
PROVIDIAN CORP. COM 744061102 97,913 1,050 x 1,050
PUBLIC SER. ENT. COM 744573106 67,953 1,665 x 1,665
PUBLIC STORAGE INC. COM 74460D109 34,695 1,239 x 1,239
PHARMACIA UPJOHN COM 716941109 10,404,157 183,130 x 183,130
QUAKER OATS CO COM 747402105 92,925 1,400 x 1,400
QUESTAR CORP. COM 748356102 1,172,363 61,300 x 61,300
QUEENS CNTY SVGS. COM 748242104 19,805,535 611,754 x 611,754
RAYCHEM CORP COM 754603108 662,300 17,900 x 17,900
RAYTHEON CO CL A COM 755111309 22,247 323 x 323
R&B FLACON CORP COM 74912 101 14,531 1,550 x 1,550
READERS DIGEST CL. B COM 755267200 854,250 22,780 x 22,780
RELIANCE BANCORP COM 759451107 8,351,038 302,300 x 302,300
RESOURCE CAP 9.25 PFD 761201201 312,500 12,500 x 12,500
REPSOL COM 76026T205 36,563 1,800 x 1,800
REPUBLIC N.Y. COM 760719104 75,006 1,100 x 1,100
RHONE POULENCE 8.125% PFD G75495104 208,228 8,350 x 8,350
RICHFOOD HOLDINGS COM 763408101 391,275 22,200 x 22,200
ROYCE VALUE TR. INC. COM 780910105 249,641 18,841 x 18,841
ROYCE VALUE TR PFD 780910204 850,925 33,700 x 33,700
SANTANDER OVERSEAS 8% PFD 802814509 377,813 15,000 x 15,000
SBC COMMUNICATIONS INC COM 78387G103 310,416 5,352 x 5,352
SEABOARD CORP. COM 811543107 9,552,300 28,095 x 28,095
SEAGRAM LTD COM 811850106 2,268,386 45,030 x 45,030
SEMPRA ENERGY COM 816851109 73,780 3,261 x 3,261
SIMON PROPERTY GROUP COM 828805101 178,970 7,053 x 7,053
SLM HOLDING CORP COM COM 78442A109 2,842,926 62,055 x 62,055
SMITHKLINE BEECHAM COM 832378400 224,613 3,400 x 3,400
SOUTHDOWN INC. COM 841297104 1,085,825 16,900 x 16,900
SOUTHERN MINERAL CORP COM 843367202 17,200 50,000 x 50,000
STATEN ISLAND BANC COM 857550109 536,976 29,832 x 29,832
ST.FRANCIS CAP.CORP. COM 789374105 129,000 6,000 x 6,000
ST. PAUL COMPANIES COM 792860108 5,468,983 171,910 x 171,910
SUPERIOR NAT'L COM 86822P208 654,000 24,000 x 24,000
SWEDISH EXPORT PFD W92947212 1,061,280 42,880 x 42,880
SWEDISH MATCH COM 870309507 377,345 10,667 x 10,667
SYMS CORP COM 871551107 681,281 83,850 x 83,850
TECUMSEH CL. B COM 878895101 2,532,595 46,470 x 46,470
TECUMSEH CL. A COM 878895200 3,724,441 61,497 x 61,497
TELEFONOS DE ESPANA COM 879382208 67,530 459 x 459
TELEFONOS DE MEXICO COM 879403780 38,386 475 x 475
TEMPLETON DRAGON FD. COM 880188101 558,767 50,510 x 50,510
TENET HEALTHCARE COM 636886103 155,554 8,380 x 8,380
TENN VALLEY AUTH PAR PFD 880591300 357,050 14,800 x 14,800
TENN VALLEY AUTH QIDS PFD 880591102 85,850 3,400 x 3,400
TENNECO INC. COM 880370101 33,425 1,400 x 1,400
TEXACO COM 881694103 386,538 6,197 x 6,197
THORNBURG MORTG. COM 885218107 299,000 29,900 x 29,900
THISTLE GROUP COM 88431E103 162,201 18,405 x 18,405
TMP WORLDWIDE COM 872941109 127,000 2,000 x 2,000
TREMONT CORP. COM 894745207 1,347,513 62,675 x 62,675
TRANSAMERICA COM 893485870 247,500 3,300 x 3,300
TEMPLE INLAND COM 879868107 3,115,849 45,404 x 45,404
TRANS. NETWORK SVCS COM 893414102 29,250 1,000 x 1,000
TRW INC COM 872649108 21,950 400 x 400
UNION PACIFIC CORP. COM 907818108 117,208 2,010 x 2,010
UNION PACIFIC RESOURCE COM 907834105 69,211 4,243 x 4,243
UNION CARBIDE CORP. COM 905581104 15,600 320 x 320
UNION COMM. BANC. COM 906054101 596,300 53,600 x 53,600
UNIVERSAL FOODS CORP. COM 913538104 84,500 4,000 x 4,000
UNITED DOMINION REALTY PFD 910197300 449,750 17,990 x 17,990
UNITED TECHNOLOGIES COM 913017109 28,800 400 x 400
UNOCAL COM 915289102 425,969 10,750 x 10,750
U. S. WEST INC. COM 912889102 89,770 1,528 x 1,528
UNITED DOMINION COM 910197102 385,400 32,800 x 32,800
USB HLDG INC COM 902910108 1,135,658 74,163 x 74,163
VELCRO INDS. COM 922571104 4,310,619 355,515 x 355,515
VIACOM COM 925524308 110,000 2,500 x 2,500
VOLVO COM 928856400 8,212,340 279,569 x 279,569
WACHOVIA CORP COM 929771103 272,174 3,181 x 3,181
WALDEN RESIDENTIAL COM 931210108 330,025 15,350 x 15,350
WARNER LAMBERT CO. COM 934488107 803,164 11,559 x 11,559
WARWICK COMM.BK. COM 936559103 7,463,123 548,343 x 548,343
WASHINGTON MUTUAL COM 939322103 90,684 2,550 x 2,550
WELLS FARGO COM 949746101 53,438 1,250 x 1,250
WESTINGHOUSE AIR COM 960386100 1,233,977 47,575 x 47,575
WESTPAC BKG LTD COM 961214301 821,893 24,626 x 24,626
WEYCO GROUP COM 962149100 255,300 11,100 x 11,100
WISCONSIN ENERGY COM 976657106 22,556 900 x 900
XTRA CORP COM 984138107 1,524,820 33,193 x 33,193
WALDEN RES.CV PFD PFD 931210306 373,625 15,250 x 15,250
TOTALS 409,954,09 21,504,866 21,504,866
