<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER 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>
Fleetwood Cap CV PFD PFD CV 339072407 662 21700 SH SOLE 14700 14500
KMART CV PFD PFD CV 498778208 377 8750 SH SOLE 7250 1500
Nuevo Financing CV PFD A PFD CV 670511203 292 11550 SH SOLE 7650 3900
USX CV PFD A PFD CV 902905819 978 24750 SH SOLE 15550 15800
Western Gas CV PFD PFD CV 958259301 856 29700 SH SOLE 17700 21000
AGL Resources Inc. COM 001204106 1775 96600 SH SOLE 33200 76400
Abbott Laboratories COM 002824100 1761 50050 SH SOLE 25800 30250
Allegheny Energy COM 017361106 803 29000 SH SOLE 6000 23000
American Express COM 025816109 5046 33881 SH SOLE 12000 25381
American Int'l Group COM 026874107 2258 20617 SH SOLE 6271 14346
American Tower Systems COM 029912201 4113 83300 SH SOLE 23000 60300
Analog Devices COM 032654105 644 8000 SH SOLE 8000
Andover Bancorp Inc. COM 034258103 643 22500 SH SOLE 5200 17300
Apache COM 037411105 2189 44000 SH SOLE 11800 32200
Automatic Data Proc COM 053015103 420 8700 SH SOLE 8700
AvalonBay REIT COM 053484101 2526 68957 SH SOLE 25016 50855
BP Amoco PLC ADR COM 055622104 548 10286 SH SOLE 5394 4892
BellSouth COM 079860102 389 8292 SH SOLE 2000 6292
Beringer Wine Estates COM 084102102 674 18800 SH SOLE 10000 8800
Berkshire Hathaway CL B COM 084670207 382 210 SH SOLE 42 168
Boston Properties COM 101121101 700 22000 SH SOLE 7700 20300
Cabot Corp COM 127055101 1832 60050 SH SOLE 19000 41050
Carter Wallace COM 146285101 952 50800 SH SOLE 21400 29400
Chase Manhattan COM 16161A108 715 8200 SH SOLE 2000 6200
Chateau Communities COM 161726104 1331 52206 SH SOLE 21200 39006
Chevron COM 166751107 257 2780 SH SOLE 800 1980
Cintas Corp COM 172908105 953 24325 SH SOLE 24325
Circuit City Stores COM 172737108 384 6300 SH SOLE 2000 4300
Cisco Systems COM 17275R102 1254 16224 SH SOLE 3800 12424
Citigroup COM 172967101 374 6252 SH SOLE 2700 3552
Clear Channel COM 184502102 760 11000 SH SOLE 1600 9400
Comcast CL A COM 200300101 794 19250 SH SOLE 3800 15450
Comcast CL A SPL COM 200300200 774 17850 SH SOLE 3800 14050
Constellation Energy Group COM 210371100 263 8250 SH SOLE 1500 6750
Cox Communications COM 224044107 1887 38900 SH SOLE 10000 28900
Crown Castle Int'l COM 228227104 2288 60400 SH SOLE 18900 41500
Diebold Inc. COM 253651103 2354 85600 SH SOLE 32300 63300
DuPont COM 263534109 1873 35390 SH SOLE 5000 30390
Duke-Weeks Realty COM 264411505 1215 63550 SH SOLE 27150 45400
Dun & Bradstreet Corp. COM 26483B106 1499 52350 SH SOLE 21200 40450
EMC Corp. COM 268648102 668 5300 SH SOLE 1400 3900
EOG Resources, Inc. COM 26875P101 2581 121800 SH SOLE 39600 94200
Energy East Corp. COM 29266M109 410 20710 SH SOLE 3094 17616
Exxon Mobil COM 30231G102 605 7760 SH SOLE 7760
Ford Motor COM 345370100 1992 43368 SH SOLE 18000 32268
Furniture Brands COM 360921100 1622 86200 SH SOLE 33600 61600
GTE Corp. COM 362320103 907 12778 SH SOLE 1500 11278
General Electric COM 369604103 5556 35698 SH SOLE 14600 21098
General Mills COM 370334104 725 20024 SH SOLE 4906 15118
HSB Group Inc. COM 40428N109 1579 54550 SH SOLE 18300 45250
Halliburton Co. COM 406216101 1914 46550 SH SOLE 24000 30550
Haverty Furniture COM 419596101 2302 216700 SH SOLE 87700 151000
Hewlett-Packard COM 428236103 3756 28270 SH SOLE 12500 18270
Home Depot Inc. COM 437076102 2777 43060 SH SOLE 9450 33610
Int'l Bus Machines COM 459200101 774 6562 SH SOLE 2850 3712
Intel COM 458140100 1336 10124 SH SOLE 1400 8724
Johnson & Johnson COM 478160104 752 10704 SH SOLE 4500 6204
Keyspan Corp. COM 49337W100 653 23650 SH SOLE 10300 22850
Kimberly-Clark COM 494368103 2282 40700 SH SOLE 14400 31300
Laclede Gas Co. COM 505588103 720 36000 SH SOLE 22000 26000
Lafarge COM 505862102 1449 61000 SH SOLE 30200 42800
Mallinckrodt, Inc. COM 561232109 1563 54350 SH SOLE 21600 39750
Massbank COM 576152102 464 16899 SH SOLE 4333 12566
Medtronic Inc. COM 585055106 262 5100 SH SOLE 5100
Merck & Co. COM 589331107 1898 30547 SH SOLE 10720 19827
Microsoft COM 594918104 2384 22440 SH SOLE 4000 18440
Mitchell Energy & Dev B COM 606592301 1366 62100 SH SOLE 23800 53300
Motorola COM 620076109 292 2000 SH SOLE 2000
Northeast Utilities COM 664397106 1222 56826 SH SOLE 2310 54516
Nthwest Natural Gas COM 667655104 1499 76875 SH SOLE 26400 60475
Paychex Inc COM 704326107 1562 29825 SH SOLE 2625 27200
Pfizer Inc. COM 717081103 1213 33172 SH SOLE 11472 21700
Questar Corp. COM 748356102 1964 105800 SH SOLE 34100 85700
Regions Financial COM 758940100 1956 85760 SH SOLE 33370 67690
SBC Communications COM 78387G103 278 6588 SH SOLE 6588
SCANA Corp COM 80589M102 975 39692 SH SOLE 14387 30984
Santa Fe Snyder Corp. COM 80218K105 2191 230602 SH SOLE 65500 165102
Schlumberger Ltd COM 806857108 1082 14150 SH SOLE 3400 10750
Sun Microsystems COM 866810104 296 3160 SH SOLE 3160
Sysco COM 871829107 734 20320 SH SOLE 4000 16320
The Allstate Corp. COM 020002101 832 34950 SH SOLE 15300 26650
Time Warner COM 887315109 556 5560 SH SOLE 1560 4000
Tribune Co. COM 896047107 234 6400 SH SOLE 3000 3400
Warner Lambert Co. COM 934488107 265 2712 SH SOLE 2112 600
Washington Gas LT COM 938837101 680 25000 SH SOLE 10400 24600
Int'l Business Mach COM 459200101 1683 14265 SH SOLE 14265
Warren Bancorp Inc. COM 934710104 305 46000 SH SOLE 46000
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