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FORM 13F
title voting authority
of value shares/ sh/ put/ invstmt other
name of issuer class cusip (x$1000)prn amt prn call dscretn managers sole shared none
- ----------------------- ------ ---------- ------- ------ ------- ------- ------- ------------ ------- ------- -------
CISCO SYSTEMS INC. common 17275R10 11576 179654 sole 6750 172904
MERCK & CO. INC. common 58933110 6892 93614 sole 7200 86414
INTL. BUSINESS MACH common 45920010 6869 53152 sole 2000 51152
BANK OF NEW YORK common 06405710 6357 173282 sole 5000 168282
GENERAL ELECTRIC common 36960410 5751 50897 sole 5400 45497
AMERICAN INTL. GROUP common 02687410 4223 36022 sole 36022
XEROX CORP. common 984121103 4143 70150 sole 1400 68750
AMERICAN TEL. & TEL. common 00195710 4085 73200 sole 2850 70350
BRISTOL-MYERS SQUIBB common 11012210 4007 56900 sole 10000 46900
E M C CORP common 26864810 3921 71300 sole 71300
TANDY CORP. common 87538210 3856 78900 sole 3200 75700
MCI WORLDCOM INC. common 55268b106 3436 39925 sole 39925
INTEL CORP. common 45814010 3006 50525 sole 50525
MILLIPORE CORP common 60107310 2974 73332 sole 1700 71632
PFIZER INC. common 71708110 2686 24645 sole 24645
LOWES COS common 548661107 2429 42850 sole 500 42350
FANNIE MAEI common 31358610 2381 34900 sole 34900
LUCENT TECHNOLOGIES INC. common 54946310 2232 33100 sole 33100
CLEAR CHANNEL COMM common 184502102 2033 29500 sole 29500
DAYTON HUDSON common 23975310 1937 29800 sole 29800
G T E CORP. common 36232010 1921 25450 sole 25450
GENZYME common 37291710 1914 39475 sole 39475
ABERCROMBIE & FITCH CO. CL A common 002896207 1881 39200 sole 600 38600
STATE STREET CORP. common 857477103 1856 21750 sole 21750
FURNITURE BRANDS common 360921100 1853 66500 sole 2200 64300
CVS CORPORATION common 12665010 1776 35000 sole 35000
TIME-WARNER common 88731510 1759 24225 sole 24225
TIFFANY & CO. NEW common 88654710 1645 17050 sole 17050
WELLS FARGO & CO. common 949746101 1633 38200 sole 2700 35500
BEST FOODS common 0868u101 1603 32400 sole 3000 29400
ETHAN ALLEN INTERIORS INC. common 297602104 1591 42150 sole 2100 40050
CHUBB CORP. common 171232101 1570 22600 sole 22600
GTE CORP. common 362320103 1570 20800 sole 20800
BELLSOUTH CORP. common 07986010 1555 33734 sole 3400 30334
MERRILL LYNCH & CO. INC. common 59018810 1518 19100 sole 19100
EL PASO ENERGY CORP. common 283905107 1389 39490 sole 3000 36490
COMPUTER SCIENCES common 205363104 1356 19600 sole 400 19200
WASTE MANAGEMENT common 94106L109 1341 24950 sole 1000 23950
PEPSI BOTTLING GROUP common 713409100 1281 55400 sole 55400
CBS CORP. common 12490k107 1248 28650 sole 900 27750
SYLVAN LEARNING SYSTEMS common 871399101 1247 45900 sole 45900
BAUSCH & LOMB INC. common 071707103 1204 15750 sole 450 15300
SYBRON INTL CORP common 87114F10 1204 43700 sole 43700
DUKE ENERGY common 26439910 1193 21925 sole 1700 20225
AMERICA ONLINE INC. common 02364j104 1177 10700 sole 10700
BALLY TOTAL FITNESS common 05873k108 1169 41200 sole 41200
PITNEY BOWES INC. common 72447910 1130 17600 sole 17600
JOHNSON & JOHNSON common 47816010 1082 11050 sole 11050
PROCTER & GAMBLE common 74271810 1008 11300 sole 11300
COCA COLA common 19121610 934 15075 sole 10000 5075
HAVERTY FURNITURE common 419596101 851 24150 sole 24150
HANDLEMAN COMPANY common 410252100 833 70600 sole 70600
CONVERGYS CORP common 212485106 790 40800 sole 40800
BANK ONE CORP. common 06423a103 709 11920 sole 11920
DISNEY WALT PRODTNS. common 25468710 542 17600 sole 900 16700
BP AMOCO common 055622104 523 4823 sole 4823
SCHLUMBERGER common 80685710 450 7075 sole 7075
WAL MART STORES INC. common 93114210 443 9200 sole 9200
PEPSICO INC. common 71344810 402 10400 sole 10400
NORTHERN TRUST common 66585910 388 4000 sole 4000
MOBIL OIL CORP. common 60705910 383 3882 sole 3882
KANSAS CITY SOUTHERN common 48517010 382 6000 sole 6000
WILLIAMS COS INC. common 96945710 378 8900 sole 8900
WASHINGTON GAS LT CO. common 938837101 377 14500 sole 4000 10500
ROYAL DUTCH PTLM CO. common 78025780 370 6150 sole 1800 4350
SCHERING-PLOUGH CORP common 80660510 367 7000 sole 7000
ANHEUSER-BUSCH common 03522910 363 5122 sole 5122
MELLON BANK CORP. common 58550910 331 9100 sole 9100
ENERGY EAST CORP. common 29266m109 312 12000 sole 5000 7000
VODAFONE AIRTOUCH PUBLIC LTD common 92857t107 305 1550 sole 1550
FLOWER INDS INC common 34349610 294 13575 sole 6500 7075
CORNERSTONE PPTYS common 21922h103 276 17400 sole 17400
CINCINNATTI BELL common 171870108 266 10700 sole 3500 7200
ABBOTT LABS common 00282410 265 5850 sole 1200 4650
MEDIAONE GROUP INC common 58440j104 252 3400 sole 3400
U S WEST INC NEW COM common 91273H101 244 4160 sole 4160
COMPAQ COMPUTER common 20449310 239 10100 sole 10100
ENTERGY CORP. common 29364g103 234 7500 sole 5500 2000
GILLETTE CO. common 37576610 200 4900 sole 1200 3700
PURCHASESOFT INC. common 746145101 10 12500 sole 12500
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