|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: WEIS MARKETS INC, SC 13D/A, 2000-04-12 |
Next: VANGUARD/WINDSOR FUNDS INC, SC 13G/A, 2000-04-12 |
<PAGE>
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT
MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES
EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Securities and Exchange Commission
Washington, D.C. 20549
Report for the Calendar Quarter Ended 3/31/2000
---------
If amended report check here:[_]
Name of Institutional Manager:
Welch & Forbes, Inc.
- --------------------------------------------------------------------------------
Business Address:
Street 45 School Street City Boston State MA Zip 02108
----------------- -------- ----- -----
Name, Phone No. and Title of Person Duly Authorized to Submit Report:
V. William Efthim, (617) 523-1635, Vice President
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all the
information contained therein is true, correct and complete. It is understood
that all the required items, statements and schedules are considered integral
parts of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on his behalf in the City of Boston and State of Massachusetts on the 5th day of
April , 2000.
WELCH & FORBES, INC.
--------------------------------------------
--------------------------------------------
Name and 13F file numbers of all Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report).
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM 2 EQUITIES DISCLOSURE (13-F) PAGE 1
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
A T & T CORP 001957109 973,042.21 16831 X 0 0 16831
2,434,600.08 42112 X 0 0 42112
----------------- ------------- ----------- ---------- --------
3,407,642.29 58943 0 0 58943
A T & T CORP-LIBERTY MEDIA 001957208 2,575,071.90 44350 X 500 0 43850
GROUP A
17,888,359.52 308088 X 5000 0 303088
----------------- ------------- ----------- ---------- --------
20,463,431.42 352438 5500 0 346938
ABBOTT LABS 002824100 14,310,476.00 403112 X 0 0 403112
28,518,641.00 803342 X 0 0 803342
----------------- ------------- ----------- ---------- --------
42,829,117.00 1206454 0 0 1206454
ABTECH INDUSTRIES INC 00352099A 30,003.75 5715 X 0 0 5715
79,994.25 15237 X 0 0 15237
----------------- ------------- ----------- ---------- --------
109,998.00 20952 0 0 20952
ADAPTEC INC 00651F108 213,897.79 5162 X 0 0 5162
ADVANCED MULTIMEDIA GROUP INC 00765849A 50,000.00 12500 X 0 0 12500
AETNA INC 008117103 29,150.00 550 X 0 0 550
411,545.00 7765 X 0 0 7765
----------------- ------------- ----------- ---------- --------
440,695.00 8315 0 0 8315
AFLAC INC 001055102 314,170.00 7060 X 0 0 7060
71,200.00 1600 X 0 0 1600
----------------- ------------ ----------- ---------- --------
385,370.00 8660 0 0 8660
AIR PRODS & CHEMS INC 009158106 753,710.00 26216 X 0 0 26216
4,444,405.00 154588 X 0 0 154588
----------------- ------------ ----------- ---------- --------
5,198,115.00 180804 0 0 180804
ALCOA INC. 013817101 222,812.50 3100 X 0 0 3100
----------------- ------------ ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 73,321,079.00 1857328 5500 0 1851828
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 2
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES (Cont.)
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
503,125.00 7000 X 0 0 7000
----------------- ------------- ----------- ---------- --------
725,937.50 10100 0 0 10100
ALLEGIANCE TELECOM INC 01747T102 257,175.00 3175 X 0 0 3175
2,069,550.00 25550 X 0 0 25550
----------------- ------------- ----------- ---------- --------
2,326,725.00 28725 0 0 28725
ALLIANT ENERGY CORP 018802108 10,259.38 350 X 0 0 350
2,889,714.19 98583 X 0 0 98583
----------------- ------------- ----------- ---------- --------
2,899,973.57 98933 0 0 98933
ALLSTATE CORP 020002101 104,787.75 4507 X 0 0 4507
612,730.50 26354 X 0 0 26354
----------------- ------------- ----------- ---------- --------
717,518.25 30861 0 0 30861
ALLTEL CORP 020039103 1,101,823.25 17149 X 0 0 17149
9,564,512.00 148864 X 0 0 148864
----------------- ------------- ----------- ---------- --------
10,666,335.25 166013 0 0 166013
ALZA CORP DEL 022615108 35,000.00 1000 X 0 0 1000
2,163,000.00 61800 X 0 0 61800
----------------- ------------- ----------- ---------- --------
2,198,000.00 62800 0 0 62800
AMERICA ONLINE INC 02364J104 398,332.50 6140 X 0 0 6140
1,012,050.00 15600 X 0 0 15600
----------------- ------------- ----------- ---------- --------
1,410,382.50 21740 0 0 21740
AMERICAN BIOGENETIC 024611105 45,000.00 20000 X 0 0 20000
AMERICAN EXPRESS CO 025816109 1,655,390.00 11110 X 0 0 11110
7,329,906.00 49194 X 0 0 49194
----------------- ------------- ----------- ---------- --------
8,985,296.00 60304 0 0 60304
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 29,752,355.57 496376 0 0 496376
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 3
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
AMERICAN GENERAL CORP 026351106 211,762.39 3707 X 0 0 3707
12,759,897.01 223368 X 0 0 223368
----------------- ------------- ----------- ---------- --------
12,971,659.40 227075 0 0 227075
AMERICAN HOME PRODS CORP 026609107 3,925,616.63 75402 X 0 0 75402
30,958,549.21 594642 X 0 0 594642
----------------- ------------- ----------- ---------- --------
34,884,165.84 670044 0 0 670044
AMERICAN INTL GROUP 026874107 12,983,808.94 119460 X 1800 0 117660
98,118,347.74 902757 X 0 0 902757
----------------- ------------- ----------- ---------- --------
111,102,156.68 1022217 1800 0 1020417
AMERICAN WTR WKS INC 030411102 355,000.00 16000 X 0 0 16000
AMGEN INC 031162100 2,382,044.00 39536 X 800 0 38736
11,615,236.00 192784 X 0 0 192784
----------------- ------------- ----------- ---------- --------
13,997,280.00 232320 800 0 231520
ANADARKO PETE CORP 032511107 472,993.38 12226 X 0 0 12226
ANALOG DEVICES INC 032654105 1,424,280.00 18260 X 1000 0 17260
8,519,160.00 109220 X 0 0 109220
----------------- ------------- ----------- ---------- --------
9,943,440.00 127480 1000 0 126480
ANDREW CORP 034425108 214,015.13 9673 X 0 0 9673
ANHEUSER BUSCH COS INC 035229103 358,863.75 5580 X 0 0 5580
9,003,750.00 140000 X 0 0 140000
----------------- ------------- ----------- ---------- --------
9,362,613.75 145580 0 0 145580
ANIKA THERAPEUTICS INC 035255108 352,206.00 41436 X 0 0 41436
AON CORP 037389103 240,955.64 7486 X 0 0 7486
78,215.62 2430 X 0 0 2430
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 193,974,701.44 2513967 3600 0 2510367
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 4
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
319,171.26 9916 0 0 9916
APPLIED MATLS INC 038222105 1,553,100.00 16700 X 0 0 16700
5,580,000.00 60000 X 0 0 60000
----------------- ------------- ----------- ---------- --------
7,133,100.00 76700 0 0 76700
ARGUSS HLDGS INC 040282105 946,382.50 46165 X 0 0 46165
ATLANTIC RICHFIELD CO 048825103 516,383.44 6245 X 0 0 6245
5,894,213.09 71283 X 0 0 71283
----------------- ------------- ----------- ---------- --------
6,410,596.53 77528 0 0 77528
AU BON PAIN INC B 050990100 21,216.44 4297 X 0 0 4297
699,115.46 141593 X 0 0 141593
----------------- ------------- ----------- ---------- --------
720,331.90 145890 0 0 145890
AUTOMATIC DATA PROCESSING 053015103 2,459,254.89 51842 X 500 0 51342
6,298,941.04 132784 X 0 0 132784
----------------- ------------- ----------- ---------- --------
8,758,195.93 184626 500 0 184126
AVALONBAY COMMUNITIES INC 053484101 264,373.50 7268 X 0 0 7268
AVANDEL HEALTHCARE INC 9899479J7 750,000.00 750000 X 0 0 750000
AVERY DENNISON CORP 053611109 542,343.75 8900 X 0 0 8900
AVERY DEWING CORP 0536229A6 654,385.68 1083 X 0 0 1083
AVIRON 053762100 146,741.10 5300 X 0 0 5300
969,045.00 35000 X 0 0 35000
----------------- ------------- ----------- ---------- --------
1,115,786.10 40300 0 0 40300
BALLARD POWER SYSTEMS 05858H104 2,561,625.00 34500 X 0 0 34500
BANK NEW YORK INC 064057102 432,437.50 11000 X 0 0 11000
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 30,289,558.39 1383960 500 0 1383460
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 5
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
1,985,281.25 50500 X 0 0 50500
----------------- ------------- ----------- ---------- --------
2,417,718.75 61500 0 0 61500
BANK OF AMERICA CORP 060505104 362,364.96 7149 X 0 0 7149
3,028,780.87 59754 X 0 0 59754
----------------- ------------- ----------- ---------- --------
3,391,145.83 66903 0 0 66903
BANK ONE CORP 06423A103 1,090,698.75 32317 X 0 0 32317
9,254,891.25 274219 X 0 0 274219
----------------- ------------- ----------- ---------- --------
10,345,590.00 306536 0 0 306536
BANYAN SYS INC 066908104 304,605.00 19340 X 0 0 19340
6,223,770.00 395160 X 0 0 395160
----------------- ------------- ----------- ---------- --------
6,528,375.00 414500 0 0 414500
BAXTER INTL INC 071813109 1,038,612.00 16888 X 0 0 16888
BEACON CAP PARTNERS INC 073561102 1,290,000.00 64500 X 0 0 64500
BECTON DICKINSON & CO 075887109 227,900.00 8600 X 0 0 8600
BELL ATLANTIC CORP 077853109 1,079,347.50 17622 X 0 0 17622
2,170,210.00 35432 X 0 0 35432
----------------- ------------- ----------- ---------- --------
3,249,557.50 53054 0 0 53054
BELLSOUTH CORP 079860102 727,748.00 15484 X 0 0 15484
32,704,010.00 695830 X 0 0 695830
----------------- ------------- ----------- ---------- --------
33,431,758.00 711314 0 0 711314
BELO A H CORP DEL 080555105 1,038,872.00 67024 X 0 0 67024
BERKSHIRE HATHAWAY INC B 084670207 624,301.00 359 X 0 0 359
7,832,456.00 4504 X 0 0 4504
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 70,983,848.58 1764682 0 0 1764682
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 6
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
----------------- ------------- ----------- ---------- --------
8,456,757.00 4863 0 0 4863
BERKSHIRE HATHAWAY INC CL A 084670108 53,200.00 1 X 0 0 1
CONV
212,800.00 4 X 0 0 4
----------------- ------------- ----------- ---------- --------
266,000.00 5 0 0 5
BESTFOODS 08658U101 432,400.00 9200 X 0 0 9200
736,302.00 15666 X 0 0 15666
----------------- ------------- ----------- ---------- --------
1,168,702.00 24866 0 0 24866
BIOGEN INC 090597105 1,030,205.20 14600 X 0 0 14600
BLACK & DECKER CORP 091797100 43,275.00 1200 X 0 0 1200
705,598.88 19566 X 0 0 19566
----------------- ------------- ----------- ---------- --------
748,873.88 20766 0 0 20766
BLACK BOX CORP DEL 091826107 241,200.00 3600 X 0 0 3600
643,200.00 9600 X 0 0 9600
----------------- ------------- ----------- ---------- --------
884,400.00 13200 0 0 13200
BLUE DIAMOND OIL CORP 095599908 134,400.00 22400 X 0 0 22400
BOSTON PRIVATE FINANCIAL 101119105 304,000.00 32000 X 0 0 32000
HOLDINGS INC
BOSTON PROPERTYS INC 101121101 31,500.00 1000 X 0 0 1000
189,000.00 6000 X 0 0 6000
----------------- ------------- ----------- ---------- --------
220,500.00 7000 0 0 7000
BOSTON SCIENTIFIC CORP 101137107 85,050.00 4200 X 0 0 4200
171,193.50 8454 X 0 0 8454
----------------- ------------- ----------- ---------- --------
256,243.50 12654 0 0 12654
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 5,013,324.58 147491 0 0 147491
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 7
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
BRADLEY REAL ESTATE INC 104580105 204,000.00 12000 X 0 0 12000
BRISTOL MYERS SQUIBB CO 110122108 4,327,813.75 75595 X 600 0 74995
28,415,636.75 496343 X 0 0 496343
----------------- ------------- ----------- ---------- --------
32,743,450.50 571938 600 0 571338
BROKEN HILL PROPRIETARY LTD 112169602 10,376.63 469 X 0 0 469
ADR
233,662.13 10561 X 0 0 10561
----------------- ------------- ----------- ---------- --------
244,038.76 11030 0 0 11030
BURLINGTN NORTHN SANTA FE 12189T104 561,472.50 26115 X 0 0 26115
BURLINGTON RESOURCES INC 122014103 427,986.00 10974 X 0 0 10974
BURNHAM PACIFIC PROPERTIES INC 12232C108 130,000.00 20000 X 0 0 20000
MD
CABOT CORP 127055101 28,750.00 1000 X 0 0 1000
1,278,455.00 44468 X 0 0 44468
----------------- ------------- ----------- ---------- --------
1,307,205.00 45468 0 0 45468
CABOT INDUSTRIAL TRUST 127072106 187,087.50 9978 X 0 0 9978
8,080,350.00 430952 X 0 0 430952
----------------- ------------- ----------- ---------- --------
8,267,437.50 440930 0 0 440930
CAIRNSTONE INC 1277669C9 0.00 200000 X 0 0 200000
CAMPBELL SOUP CO 134429109 149,400.00 4800 X 0 0 4800
5,028,243.75 161550 X 0 0 161550
----------------- ------------- ----------- ---------- --------
5,177,643.75 166350 0 0 166350
CAPITAL ONE FINL CORP 14040H105 1,126,912.50 24300 X 0 0 24300
CARDINAL HEALTH INC 14149Y108 248,475.94 5409 X 0 0 5409
1,200,852.19 26141 X 0 0 26141
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 51,639,474.64 1560655 600 0 1560055
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 8
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
1,449,328.13 31550 0 0 31550
CAROLINA PWR & LT CO 144141108 142,725.00 4400 X 0 0 4400
2,100,328.14 64750 X 0 0 64750
----------------- ------------- ----------- ---------- --------
2,243,053.14 69150 0 0 69150
CATERPILLAR INC 149123101 118,408.00 2888 X 0 0 2888
249,280.00 6080 X 0 0 6080
----------------- ------------- ----------- ---------- --------
367,688.00 8968 0 0 8968
CBS CORP 12490K107 3,075,675.00 53490 X 500 0 52990
11,225,150.00 195220 X 0 0 195220
----------------- ------------- ----------- ---------- --------
14,300,825.00 248710 500 0 248210
CENTAUR INC 151327996 111,639.00 74426 X 0 0 74426
CHAMPION ENTERPRISES INC 158496109 200,759.63 32446 X 0 0 32446
915,156.00 147904 X 0 0 147904
----------------- ------------- ----------- ---------- --------
1,115,915.63 180350 0 0 180350
CHASE GEN CORP 161555107 0.00 19129 X 0 0 19129
CHASE MANHATTAN CORP NEW 16161A108 349,392.00 4016 X 0 0 4016
277,530.00 3190 X 0 0 3190
----------------- ------------- ----------- ---------- --------
626,922.00 7206 0 0 7206
CHEVRON CORP 166751107 674,812.50 7320 X 0 0 7320
6,290,690.63 68238 X 0 0 68238
----------------- ------------- ----------- ---------- --------
6,965,503.13 75558 0 0 75558
CHUBB CORP 171232101 5,015.63 75 X 0 0 75
2,048,983.13 30639 X 0 0 30639
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 27,785,544.66 714211 0 0 713711
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 9
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
2,053,998.76 30714 0 0 30714
CIGNA CORP 125509109 408,002.81 5235 X 0 0 5235
2,204,618.08 28287 X 0 0 28287
----------------- ------------- ----------- ---------- --------
2,612,620.89 33522 0 0 33522
CINTAS CORP 172908105 7,117,556.96 197370 X 2000 0 195370
56,331,224.07 1562066 X 6000 0 1556066
----------------- ------------- ----------- ---------- --------
63,448,781.03 1759436 8000 0 1751436
CIRCUIT CITY GROUP 172737108 366,000.00 6000 X 0 0 6000
61,000.00 1000 X 0 0 1000
----------------- ------------- ----------- ---------- --------
427,000.00 7000 0 0 7000
CISCO SYSTEMS INC 17275R102 16,637,998.38 225983 X 4200 0 221783
54,999,126.63 747017 X 0 0 747017
----------------- ------------- ----------- ---------- --------
71,637,125.01 973000 4200 0 968800
CITIGROUP INC. 172967101 1,953,266.00 32828 X 2450 0 30378
3,183,904.50 53511 X 0 0 53511
----------------- ------------- ----------- ---------- --------
5,137,170.50 86339 2450 0 83889
CLARITY IMAGING TECHNOLOGIES 170000954 0.00 120000 X 0 0 120000
INC
CLOSURE MED CORP 189093107 26,500.00 1060 X 0 0 1060
725,000.00 29000 X 0 0 29000
----------------- ------------- ----------- ---------- --------
751,500.00 30060 0 0 30060
CMGI INC 125750109 2,952,201.25 26930 X 1000 0 25930
15,249,056.75 139102 X 0 0 139102
----------------- ------------- ----------- ---------- --------
18,201,258.00 166032 1000 0 165032
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 162,215,455.43 3175389 15650 0 3159739
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 10
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
COCA COLA CO 191216100 955,710.01 19680 X 0 0 19680
10,404,321.43 214246 X 0 0 214246
----------------- ------------- ----------- ---------- --------
11,360,031.44 233926 0 0 233926
COGNEX CORP 192422103 1,500,387.00 27034 X 0 0 27034
27,040,155.00 487210 X 0 0 487210
----------------- ------------- ----------- ---------- --------
28,540,542.00 514244 0 0 514244
COLGATE PALMOLIVE CO 194162103 1,453,795.38 25874 X 0 0 25874
8,698,162.13 154806 X 0 0 154806
----------------- ------------- ----------- ---------- --------
10,151,957.51 180680 0 0 180680
COMCAST CORP SPL A 200300200 240,565.70 6100 X 0 0 6100
39,437.00 1000 X 0 0 1000
----------------- ------------- ----------- ---------- --------
280,002.70 7100 0 0 7100
COMPAQ COMPUTER CORP 204493100 463,461.50 17572 X 0 0 17572
329,687.50 12500 X 0 0 12500
----------------- ------------- ----------- ---------- --------
793,149.00 30072 0 0 30072
COMPUTER ASSOC INTL INC 204912109 491,275.00 8600 X 0 0 8600
57,125.00 1000 X 0 0 1000
----------------- ------------- ----------- ---------- --------
548,400.00 9600 0 0 9600
COMPUTER SCIENCES CORP 205363104 1,794,215.63 23550 X 0 0 23550
1,036,911.88 13610 X 0 0 13610
----------------- ------------- ----------- ---------- --------
2,831,127.51 37160 0 0 37160
COMVERSE TECHNOLOGY INC 205862402 290,672.80 1700 X 0 0 1700
CONCORD EFS INC 206197105 382,656.25 19375 X 0 0 19375
1,489,051.25 75395 X 0 0 75395
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 56,667,590.46 1109252 0 0 1109252
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 11
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
----------------- ------------- ----------- ---------- --------
1,871,707.50 94770 0 0 94770
CONOCO INC B 208251405 225,816.27 8344 X 0 0 8344
3,167,368.04 117039 X 0 0 117039
----------------- ------------- ----------- ---------- --------
3,393,184.31 125383 0 0 125383
CONSOLIDATED STORES CORP 210149100 149,430.25 12388 X 0 0 12388
CORNING INC 219350105 356,260.00 1895 X 0 0 1895
11,304,816.00 60132 X 0 0 60132
----------------- ------------- ----------- ---------- --------
11,661,076.00 62027 0 0 62027
CORP FOR LASER OPTICS RES 2200359A9 12,501.00 6945 X 0 0 6945
137,500.20 76389 X 0 0 76389
----------------- ------------- ----------- ---------- --------
150,001.20 83334 0 0 83334
COX COMMUNICATIONS INC A 224044107 779,490.00 17322 X 0 0 17322
1,338,705.00 29749 X 0 0 29749
----------------- ------------- ----------- ---------- --------
2,118,195.00 47071 0 0 47071
CRITICAL PATH 22674V100 351,429.00 4506 X 0 0 4506
12,908,955.31 165499 X 4506 0 160994
----------------- ------------- ----------- ---------- --------
13,260,384.31 170005 4506 0 165499
CVS CORP 126650100 300,712.50 8100 X 0 0 8100
521,606.25 14050 X 0 0 14050
----------------- ------------- ----------- ---------- --------
822,318.75 22150 0 0 22150
DELL COMPUTER CORP 247025109 31,312.20 600 X 0 0 600
219,185.40 4200 X 0 0 4200
----------------- ------------- ----------- ---------- --------
250,497.60 4800 0 0 4800
DIAMOND TECHNOLOGY PARTNERS 252762109 333,591.85 5167 X 0 0 5167
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 32,138,679.27 532325 4506 0 527820
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 12
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
5,056,689.53 78323 X 0 0 78323
----------------- ------------- ----------- ---------- --------
5,390,281.38 83490 0 0 83490
DIGITRACE CARE SYS 2538979A2 60,000.00 20000 X 0 0 20000
DII GROUP INC 232949107 8,461,440.13 79357 X 0 0 79357
DISNEY WALT CO 254687106 867,749.75 21559 X 0 0 21559
3,530,448.25 87713 X 0 0 87713
----------------- ------------- ----------- ---------- --------
4,398,198.00 109272 0 0 109272
DOMINION RESOURCES INC VA NEW 25746U109 132,446.27 3474 X 0 0 3474
185,058.76 4854 X 0 0 4854
----------------- ------------- ----------- ---------- --------
317,505.03 8328 0 0 8328
DOVER CORP 260003108 1,151,938.13 24030 X 0 0 24030
36,618,689.29 763884 X 0 0 763884
----------------- ------------- ----------- ---------- --------
37,770,627.42 787914 0 0 787914
DOW CHEM CO 260543103 1,141,350.50 9797 X 0 0 9797
4,155,904.50 35673 X 0 0 35673
----------------- ------------- ----------- ---------- --------
5,297,255.00 45470 0 0 45470
DOW JONES & CO INC 260561105 856,800.00 11900 X 0 0 11900
DPL INC 233293109 32,757.31 1537 X 0 0 1537
566,379.69 26575 X 0 0 26575
----------------- ------------- ----------- ---------- --------
599,137.00 28112 0 0 28112
DU PONT E I DE NEMOURS 263534109 1,633,677.50 30394 X 0 0 30394
14,509,119.99 269937 X 0 0 269937
----------------- ------------- ----------- ---------- --------
16,142,797.49 300331 0 0 300331
DUKE ENERGY CORP 264399106 165,082.50 3190 X 0 0 3190
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 79,125,532.10 1472197 0 0 1472197
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 13
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
282,917.25 5467 X 0 0 5467
----------------- ------------- ----------- ---------- --------
447,999.75 8657 0 0 8657
DUN & BRADSTREET CORP 26483B106 36,968.75 1300 X 0 0 1300
513,808.75 18068 X 0 0 18068
----------------- ------------- ----------- ---------- --------
550,777.50 19368 0 0 19368
E M C CORP MASS 268648102 12,438,126.00 97938 X 1600 0 96338
49,525,936.00 389968 X 0 0 389968
----------------- ------------- ----------- ---------- --------
61,964,062.00 487906 1600 0 486306
E TOWN 269242103 472,212.50 7400 X 0 0 7400
EASTMAN KODAK CO 277461109 367,069.38 6599 X 0 0 6599
EATON VANCE CORP NON VTG 278265103 114,800.00 2800 X 0 0 2800
393,600.00 9600 X 0 0 9600
----------------- ------------- ----------- ---------- --------
508,400.00 12400 0 0 12400
EDO CORP 281347104 79,500.00 12000 X 0 0 12000
EL PASO ENERGY CORP 283905107 114,947.63 2774 X 0 0 2774
2,140,246.88 51650 X 0 0 51650
----------------- ------------- ----------- ---------- --------
2,255,194.51 54424 0 0 54424
ELAN PLC ADR 284131208 563,891.63 12078 X 0 0 12078
8,161,255.14 174806 X 0 0 174806
----------------- ------------- ----------- ---------- --------
8,725,146.77 186884 0 0 186884
EMERSON ELEC CO 291011104 1,264,368.00 23744 X 0 0 23744
7,307,657.25 137233 X 0 0 137233
----------------- ------------- ----------- ---------- --------
8,572,025.25 160977 0 0 160977
ENERGYNORTH INC 292925104 1,059,463.00 17957 X 0 0 17957
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 84,836,768.16 971382 1600 0 969782
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 14
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
ENRON CORP 293561106 3,833,292.65 53194 X 1000 0 52194
6,818,842.01 94624 X 0 0 94624
----------------- ------------- ----------- ---------- --------
10,652,134.66 147818 1000 0 146818
ENSCO INTERNATIONAL INC 26874Q100 338,400.00 9600 X 0 0 9600
ENTREMED INC 29382F103 269,437.50 4500 X 0 0 4500
EPICON INC 2942559C0 0.00 108350 X 0 0 108350
EQUIFAX INC 294429105 301,187.50 12200 X 0 0 12200
EQUITY OFFICE PPTYS TR 294741103 298,268.83 11901 X 0 0 11901
4,544,808.88 181339 X 0 0 181339
----------------- ------------- ----------- ---------- --------
4,843,077.71 193240 0 0 193240
ERICSSON L M TEL B SEK 10 ADR 294821400 513,000.00 6000 X 0 0 6000
ETOYS.COM 297862104 415,615.50 43749 X 0 0 43749
EXELON CORP 300691102 73,934.00 7000 X 0 0 7000
373,366.70 35350 X 0 0 35350
----------------- ------------- ----------- ---------- --------
447,300.70 42350 0 0 42350
EXPEDITORS INTL WASH INC 302130109 50,624.40 1200 X 0 0 1200
232,028.50 5500 X 0 0 5500
----------------- ------------- ----------- ---------- --------
282,652.90 6700 0 0 6700
EXXON MOBIL CORP 30231G102 23,945,794.18 304557 X 1000 0 303557
154,660,014.03 1967059 X 1550 0 1965509
----------------- ------------- ----------- ---------- --------
178,605,808.21 2271616 2550 0 2269066
FEDERAL NATL MTG ASSN 313586109 896,568.75 15939 X 0 0 15939
1,619,493.75 28791 X 0 0 28791
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 199,184,677.18 2890853 3550 0 2887303
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 15
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
----------------- ------------- ----------- ---------- --------
2,516,062.50 44730 0 0 44730
FEDERAL RLTY INVT TR 313747206 191,250.00 10000 X 0 0 10000
FIDUCIARY CO INC 316476902 364,465.50 1685 X 0 0 1685
270,375.00 1250 X 0 0 1250
----------------- ------------- ----------- ---------- --------
634,840.50 2935 0 0 2935
FIRST UNION CORP 337358105 84,300.00 2400 X 0 0 2400
835,483.25 23786 X 0 0 23786
----------------- ------------- ----------- ---------- --------
919,783.25 26186 0 0 26186
FIRST WASHINGTON REALTY TRUST 337489504 222,937.50 12300 X 0 0 12300
FIRSTAR CORP NEW WIS 33763V109 3,351,095.31 148525 X 0 0 148525
FLEETBOSTON FINANCIAL CORP 339030108 1,865,243.75 51455 X 0 0 51455
11,019,782.50 303994 X 0 0 303994
----------------- ------------- ----------- ---------- --------
12,885,026.25 355449 0 0 355449
FOCUS ENHANCEMENT 344159108 112,388.63 48611 X 0 0 48611
FPL GROUP INC 302571104 128,800.00 2800 X 0 0 2800
412,390.00 8965 X 0 0 8965
----------------- ------------- ----------- ---------- --------
541,190.00 11765 0 0 11765
GAMEWRIGHT INC 364625996 4,437.50 6250 X 0 0 6250
110,866.50 156150 X 0 0 156150
----------------- ------------- ----------- ---------- --------
115,304.00 162400 0 0 162400
GANNETT INC 364730101 344,837.50 4900 X 0 0 4900
602,973.00 8568 X 0 0 8568
----------------- ------------- ----------- ---------- --------
947,810.50 13468 0 0 13468
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 19,921,625.94 791639 0 0 791639
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 16
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
GELTEX PHARMACEUTICALS 368538104 8,868.75 550 X 0 0 550
493,425.00 30600 X 0 0 30600
----------------- ------------- ----------- ---------- --------
502,293.75 31150 0 0 31150
GENERAL ELEC CO 369604103 33,474,660.00 210864 X 1800 0 209064
266,699,365.00 1679996 X 0 0 1679996
----------------- ------------- ----------- ---------- --------
300,174,025.00 1890860 1800 0 1889060
GENERAL MLS INC 370334104 420,885.50 11732 X 0 0 11732
5,054,249.38 140885 X 0 0 140885
----------------- ------------- ----------- ---------- --------
5,475,134.88 152617 0 0 152617
GENERAL MTRS CORP 370442105 106,437.50 1300 X 0 0 1300
118,882.50 1452 X 0 0 1452
----------------- ------------- ----------- ---------- --------
225,320.00 2752 0 0 2752
GENERAL MTRS CORP NEW H 370442832 954,787.50 8100 X 0 0 8100
GENRAD INC 372447102 49,389.38 3763 X 0 0 3763
1,205,360.63 91837 X 0 0 91837
----------------- ------------- ----------- ---------- --------
1,254,750.01 95600 0 0 95600
GENUINE PARTS CO 372460105 377,000.00 16000 X 0 0 16000
GENZYME CORP 372917104 889,050.15 18450 X 0 0 18450
12,504,189.20 259493 X 0 0 259493
----------------- ------------- ----------- ---------- --------
13,393,239.35 277943 0 0 277943
GENZYME CORP TISSUE REPAIR 372917401 15,375.00 3000 X 0 0 3000
372,239.00 72632 X 0 0 72632
----------------- ------------- ----------- ---------- --------
387,614.00 75632 0 0 75632
GENZYME SURGICAL PRODUCTS 372917609 713.10 70 X 0 0 70
189,152.24 18568 X 0 0 18568
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 322,934,029.83 2569292 1800 0 2567492
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 17
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
189,865.34 18638 0 0 18638
GEOPETRO COMPANY 373160993 151,000.00 302000 X 0 0 302000
GEORGIA PAC CORP 373298108 18,680.63 486 X 0 0 486
481,929.38 12538 X 0 0 12538
----------------- ------------- ----------- ---------- --------
500,610.01 13024 0 0 13024
GILLETTE CO 375766102 3,559,704.94 96046 X 0 0 96046
21,716,438.64 585941 X 0 0 585941
----------------- ------------- ----------- ---------- --------
25,276,143.58 681987 0 0 681987
GOLDMAN SACHS GROUP 38141G104 1,047,375.00 9800 X 0 0 9800
320,625.00 3000 X 0 0 3000
----------------- ------------- ----------- ---------- --------
1,368,000.00 12800 0 0 12800
GRAINGER W W INC 384802104 336,810.00 6180 X 0 0 6180
GREAT LAKES CHEM CORP 390568103 106,000.00 3200 X 0 0 3200
767,141.90 23159 X 0 0 23159
----------------- ------------- ----------- ---------- --------
873,141.90 26359 0 0 26359
GREEN POWER ASIA LTD 393400999 0.00 620375 X 0 0 620375
GSI LUMONICS 36229U102 1,043,925.00 67350 X 0 0 67350
GTE CORP 362320103 1,137,898.13 16055 X 0 0 16055
17,053,078.18 240608 X 0 0 240608
----------------- ------------- ----------- ---------- --------
18,190,976.31 256663 0 0 256663
HALLIBURTON CO 406216101 141,968.75 3500 X 0 0 3500
556,517.50 13720 X 0 0 13720
----------------- ------------- ----------- ---------- --------
698,486.25 17220 0 0 17220
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 48,439,093.05 2003958 0 0 2003958
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 18
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
HANNAFORD BROS CO 410550107 57,550.00 800 X 0 0 800
510,756.25 7100 X 0 0 7100
----------------- ------------- ----------- ---------- --------
568,306.25 7900 0 0 7900
HARDING ENERGY INC 411699911 416,000.00 1664 X 0 0 1664
HARTFORD FINL SVCS GROUP 416515104 190,137.50 4100 X 0 0 4100
420,435.75 9066 X 0 0 9066
----------------- ------------- ----------- ---------- --------
610,573.25 13166 0 0 13166
HEARST-ARGYLE TELEVISION INC. 422317107 274,500.00 12000 X 0 0 12000
HEINZ H J CO 423074103 78,310.89 2274 X 0 0 2274
149,252.13 4334 X 0 0 4334
----------------- ------------- ----------- ---------- --------
227,563.02 6608 0 0 6608
HELIX TECHNOLOGY CORP 423319102 709,500.00 12000 X 0 0 12000
HEWLETT PACKARD CO 428236103 5,255,627.00 40196 X 0 0 40196
65,497,512.75 500937 X 0 0 500937
----------------- ------------- ----------- ---------- --------
70,753,139.75 541133 0 0 541133
HITCHINER MFG CO INC 43363*101 318,768.00 4350 X 0 0 4350
HOME DEPOT INC 437076102 12,404,011.50 185135 X 3600 0 181535
74,541,955.50 1112567 X 0 0 1112567
----------------- ------------- ----------- ---------- --------
86,945,967.00 1297701 3600 0 1294101
HONEYWELL INTL INC 438516106 156,045.00 3030 X 0 0 3030
175,100.00 3400 X 0 0 3400
----------------- ------------- ----------- ---------- --------
331,145.00 6430 0 0 6430
HOUGHTON MIFFLIN CO 441560109 2,557,500.00 60000 X 0 0 60000
HSB GROUP INC 40428N109 75,093.75 2700 X 0 0 2700
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 163,788,056.02 1965652 3600 0 1962052
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 19
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
230,510.01 8288 X 0 0 8288
----------------- ------------- ----------- ---------- --------
305,603.76 10988 0 0 10988
HUBBELL INC B 443510201 1,391,541.95 51899 X 0 0 51899
I2 TECHNOLOGIES INC 465754109 7,740,000.00 60000 X 0 0 60000
IBM CORP 459200101 7,662,007.50 62547 X 0 0 62547
62,354,215.00 509014 X 0 0 509014
----------------- ------------- ----------- ---------- --------
70,016,222.50 571561 0 0 571561
ILLINOIS GAS CO 4520459A7 800,000.00 400 X 0 0 400
1,200,000.00 600 X 0 0 600
----------------- ------------- ----------- ---------- --------
2,000,000.00 1000 0 0 1000
ILLINOIS TOOL WKS INC 452308109 322,246.88 5550 X 0 0 5550
147,072.31 2533 X 0 0 2533
----------------- ------------- ----------- ---------- --------
469,319.19 8083 0 0 8083
IMS HEALTH INCORPORATED 449934108 1,129,727.63 68991 X 0 0 68991
10,780,055.53 658324 X 0 0 658324
----------------- ------------- ----------- ---------- --------
11,909,783.16 727315 0 0 727315
INFORMATION MAPPING INC 4567099A4 0.00 28667 X 0 0 28667
INTEL CORP 458140100 20,232,370.00 159310 X 1500 0 157810
136,208,262.00 1072506 X 0 0 1072506
----------------- ------------- ----------- ---------- --------
156,440,632.00 1231816 1500 0 1230316
INTERNATIONAL PAPER C0 460146103 23,834.25 594 X 0 0 594
991,769.64 24717 X 0 0 24717
----------------- ------------- ----------- ---------- --------
1,015,603.89 25311 0 0 25311
INTERNET CAPITAL GROUP INC 46059C106 359,555.35 3850 X 0 0 3850
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 251,573,168.05 2717790 1500 0 2716290
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 20
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
904,211.66 9682 X 0 0 9682
----------------- ------------- ----------- ---------- --------
1,263,767.01 13532 0 0 13532
INTERPUBLIC GROUP COS 460690100 3,782,326.61 78696 X 600 0 78096
41,770,830.48 869094 X 0 0 869094
----------------- ------------- ----------- ---------- --------
45,553,157.09 947790 600 0 947190
INTL FLAVORS & FRAGRANCES 459506101 202,875.00 6000 X 0 0 6000
INVESTORS FINL SVCS 461915100 10,914.75 198 X 0 0 198
2,067,187.50 37500 X 0 0 37500
----------------- ------------- ----------- ---------- --------
2,078,102.25 37698 0 0 37698
IPALCO ENTERPRISES INC 462613100 196,403.25 10236 X 0 0 10236
JDS UNIPHASE CORP 46612J101 5,591,625.00 48100 X 0 0 48100
JEFFERSON PILOT CORP 475070108 712,730.00 10840 X 0 0 10840
JOHN HANCOCK FINANCIAL 41014S106 391,079.25 21429 X 0 0 21429
SERVICES INC
JOHNSON & JOHNSON 478160104 3,128,565.00 44220 X 0 0 44220
18,092,614.50 255726 X 0 0 255726
----------------- ------------- ----------- ---------- --------
21,221,179.50 299946 0 0 299946
JOHNSON CTLS INC 478366107 252,781.50 4692 X 0 0 4692
KIMBERLY CLARK CORP 494368103 4,091,156.25 72250 X 0 0 72250
5,003,101.88 88355 X 0 0 88355
----------------- ------------- ----------- ---------- --------
9,094,258.13 160605 0 0 160605
KINNEY OIL CO 496625997 0.00 22428 X 0 0 22428
KLA-TENCOR CORP 482480100 6,888,013.75 86915 X 0 0 86915
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 93,086,416.38 1666361 600 0 1665761
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 21
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
LEADVILLE CORP 5217119A1 136,308.75 181745 X 0 0 181745
LILLY ELI & CO 532457108 1,267,245.00 20860 X 0 0 20860
6,201,846.00 102088 X 0 0 102088
----------------- ------------- ----------- ---------- --------
7,469,091.00 122948 0 0 122948
LINCOLN NATL CORP IND 534187109 280,000.00 8000 X 0 0 8000
LINEAR TECHNOLOGY CORP 535678106 6,206,100.00 109600 X 0 0 109600
58,884,450.75 1039902 X 0 0 1039902
----------------- ------------- ----------- ---------- --------
65,090,550.75 1149502 0 0 1149502
LUCENT TECHNOLOGIES INC 549463107 9,303,885.25 147097 X 1000 0 146097
50,622,959.75 800363 X 4000 0 796363
----------------- ------------- ----------- ---------- --------
59,926,845.00 947460 5000 0 942460
LYCOS INC 550818108 370,512.75 5750 X 0 0 5750
6,345,949.07 98483 X 0 0 98483
----------------- ------------- ----------- ---------- --------
6,716,461.82 104233 0 0 104233
M & T BANK CORP 55261F104 604,490.50 1363 X 0 0 1363
M C I WORLDCOM INC 55268B106 2,234,930.62 52510 X 3475 0 49035
7,353,394.18 172769 X 0 0 172769
----------------- ------------- ----------- ---------- --------
9,588,324.80 225279 3475 0 221804
MACDERMID INC 554273102 214,625.00 8500 X 0 0 8500
MARSH & MCLENNAN COS 571748102 1,051,897.38 10151 X 0 0 10151
959,774.75 9262 X 0 0 9262
----------------- ------------- ----------- ---------- --------
2,011,672.13 19413 0 0 19413
MASCO CORP 574599106 253,866.00 11672 X 0 0 11672
13,062,963.00 600596 X 0 0 600596
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 165,355,198.75 3380711 8475 0 3372236
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 22
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
13,316,829.00 612268 0 0 612268
MATRITECH INC 576818108 590,625.00 75000 X 0 0 75000
MAXIM INTERGRATED PRODUCTS INC 57772K101 1,047,625.00 17000 X 0 0 17000
MBIA INC 55262C100 124,233.75 2430 X 0 0 2430
8,259,141.51 161548 X 0 0 161548
----------------- ------------- ----------- ---------- --------
8,383,375.26 163978 0 0 163978
MBNA CORP 55262L100 280,462.50 11080 X 0 0 11080
86,442.19 3415 X 0 0 3415
----------------- ------------- ----------- ---------- --------
366,904.69 14495 0 0 14495
MCDONALDS CORP 580135101 1,589,280.00 42240 X 0 0 42240
2,904,951.00 77208 X 0 0 77208
----------------- ------------- ----------- ---------- --------
4,494,231.00 119448 0 0 119448
MCGRAW HILL COS INC 580645109 93,250.00 2000 X 0 0 2000
337,565.00 7240 X 0 0 7240
----------------- ------------- ----------- ---------- --------
430,815.00 9240 0 0 9240
MEDIA ONE GROUP INC 58440J104 541,800.00 6720 X 0 0 6720
5,774,846.26 71626 X 0 0 71626
----------------- ------------- ----------- ---------- --------
6,316,646.26 78346 0 0 78346
MEDTRONIC INC 585055106 4,202,910.00 82410 X 3000 0 79410
7,706,610.00 151110 X 0 0 151110
----------------- ------------- ----------- ---------- --------
11,909,520.00 233520 3000 0 230520
MELLON FINANCIAL CORP 58551A108 365,025.00 12400 X 0 0 12400
MERCK & CO INC 589331107 77,476,803.31 1209394 X 0 0 1209394
170,294,525.34 2658256 X 0 0 2658256
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 281,676,095.86 4591077 3000 0 4588077
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 23
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
247,771,328.65 3867650 0 0 3867650
META GROUP INC 591002100 208,261.44 7991 X 0 0 7991
2,279,486.77 87464 X 0 0 87464
----------------- ------------- ----------- ---------- --------
2,487,748.21 95455 0 0 95455
MGI PPTYS 552885105 714,855.32 134561 X 0 0 134561
MICROMUSE INC 595094103 1,058,000.00 8000 X 0 0 8000
MICROSOFT CORP 594918104 9,925,137.16 96011 X 300 0 95711
70,333,145.39 680369 X 0 0 680369
----------------- ------------- ----------- ---------- --------
80,258,282.55 776380 300 0 776080
MILLIPORE CORP 601073109 8,268.75 150 X 0 0 150
10,417,577.69 188981 X 0 0 188981
----------------- ------------- ----------- ---------- --------
10,425,846.44 189131 0 0 189131
MINNESOTA MNG & MFG CO 604059105 2,274,840.00 25560 X 0 0 25560
21,950,337.00 246633 X 0 0 246633
----------------- ------------- ----------- ---------- --------
24,225,177.00 272193 0 0 272193
MOLDFLOW CORPORATION 608507109 116,375.00 7000 X 0 0 7000
523,687.50 31500 X 0 0 31500
----------------- ------------- ----------- ---------- --------
640,062.50 38500 0 0 38500
MONSANTO CO 611662107 4,195,115.63 84430 X 0 0 84430
4,644,042.22 93465 X 0 0 93465
----------------- ------------- ----------- ---------- --------
8,839,157.85 177895 0 0 177895
MORGAN J P & CO INC 616880100 1,564,960.63 11867 X 0 0 11867
4,351,479.38 32997 X 0 0 32997
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 134,565,569.88 1736979 300 0 1736679
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 24
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
5,916,440.01 44864 0 0 44864
MORGAN STANLEY DEAN WITTER 617446448 50,487.00 600 X 0 0 600
367,545.36 4368 X 0 0 4368
----------------- ------------- ----------- ---------- --------
418,032.36 4968 0 0 4968
MOTOROLA INC 620076109 1,282,807.52 8920 X 0 0 8920
16,209,825.98 112715 X 0 0 112715
----------------- ------------- ----------- ---------- --------
17,492,633.50 121635 0 0 121635
MYLAN LABS INC 628530107 5,212.50 200 X 0 0 200
441,733.32 16949 X 0 0 16949
----------------- ------------- ----------- ---------- --------
446,945.82 17149 0 0 17149
NATIONAL SEMICONDUCTOR 637640103 347,625.00 6000 X 0 0 6000
NETWORK APPLIANCE INC 64120L104 2,769,375.00 35000 X 0 0 35000
NEW ENGLAND BUSINESS SVC 643872104 33,500.00 2000 X 0 0 2000
577,339.00 34468 X 0 0 34468
----------------- ------------- ----------- ---------- --------
610,839.00 36468 0 0 36468
NEW YORK TIMES CO CL A 650111107 135,249.13 3173 X 0 0 3173
102,300.00 2400 X 0 0 2400
----------------- ------------- ----------- ---------- --------
237,549.13 5573 0 0 5573
NORDSTROM INC 655664100 829,952.75 29444 X 0 0 29444
NORTHERN TR CORP 665859104 430,473.00 6674 X 0 0 6674
3,566,850.00 55300 X 0 0 55300
----------------- ------------- ----------- ---------- --------
3,997,323.00 61974 0 0 61974
NOVELL INC 670006105 135,310.00 5000 X 0 0 5000
238,145.60 8800 X 0 0 8800
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 27,523,731.16 332011 0 0 332011
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 25
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
373,455.60 13800 0 0 13800
NOVEN PHARMACEUTICALS 670009109 790,360.29 74275 X 0 0 74275
O REILLY AUTOMOTIVE INC 686091109 421,500.00 28100 X 0 0 28100
168,000.00 11200 X 0 0 11200
----------------- ------------- ----------- ---------- --------
589,500.00 39300 0 0 39300
OCEAN NATL CORP 674856109 315,210.00 3318 X 0 0 3318
OMNICOM GROUP INC 681919106 170,325.00 1800 X 0 0 1800
154,617.25 1634 X 0 0 1634
----------------- ------------- ----------- ---------- --------
324,942.25 3434 0 0 3434
ONE VALLEY BANCORP INC 682419106 485,121.01 14216 X 0 0 14216
ORACLE CORP 68389X105 1,144,160.52 14587 X 0 0 14587
1,834,955.18 23394 X 0 0 23394
----------------- ------------- ----------- ---------- --------
2,979,115.70 37981 0 0 37981
OVERSEAS PARTNERS LTD 690350921 5,587,076.00 259864 X 0 0 259864
PANERA BREAD CO 69840W108 11,437.50 1500 X 0 0 1500
148,153.75 19430 X 0 0 19430
----------------- ------------- ----------- ---------- --------
159,591.25 20930 0 0 20930
PARAMETRIC TECHNOLOGY CRP 699173100 541,465.13 24473 X 0 0 24473
5,128,619.25 231802 X 0 0 231802
----------------- ------------- ----------- ---------- --------
5,670,084.38 256275 0 0 256275
PAYCHEX INC 704326107 8,429,217.70 159608 X 4000 0 155608
84,438,466.20 1598850 X 0 0 1598850
----------------- ------------- ----------- ---------- --------
92,867,683.90 1758458 4000 0 1754458
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 109,768,684.78 2468051 4000 0 2464051
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 26
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
PEOPLES HERITAGE FINL GRP 711147108 155,092.50 10980 X 0 0 10980
PEPSICO INC 713448108 1,451,718.75 40750 X 0 0 40750
2,872,301.25 80626 X 0 0 80626
----------------- ------------- ----------- ---------- --------
4,324,020.00 121376 0 0 121376
PFIZER INC 717081103 11,673,284.00 319816 X 0 0 319816
48,423,893.00 1326682 X 0 0 1326682
----------------- ------------- ----------- ---------- --------
60,097,177.00 1646498 0 0 1646498
PHARMACIA & UPJOHN INC 716941109 400,325.00 6700 X 0 0 6700
PHILIP MORRIS COS INC 718154107 92,012.50 4330 X 0 0 4330
824,330.00 38792 X 0 0 38792
----------------- ------------- ----------- ---------- --------
916,342.50 43122 0 0 43122
PHILLIPS PETE CO 718507106 346,841.25 7602 X 0 0 7602
PHOTOSCAPE ASSOCIATES 7193469A8 0.00 10000 X 0 0 10000
PITNEY BOWES INC 724479100 205,037.50 4700 X 0 0 4700
3,967,083.00 90936 X 0 0 90936
----------------- ------------- ----------- ---------- --------
4,172,120.50 95636 0 0 95636
PMC COML TR 693434102 22,250.00 2000 X 0 0 2000
260,881.25 23450 X 0 0 23450
----------------- ------------- ----------- ---------- --------
283,131.25 25450 0 0 25450
PNC BK CORP 693475105 15,002.50 340 X 0 0 340
911,181.25 20650 X 0 0 20650
----------------- ------------- ----------- ---------- --------
926,183.75 20990 0 0 20990
POINT THERAPEUTICS 9899469P5 125,000.00 12500 X 0 0 12500
POLARIS VENTURE PARTNERS 731111910 186,641.00 186641 X 0 0 186641
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 71,932,874.75 2187495 0 0 2187495
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 27
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
POLICY MGMT SYS CORP 731108106 98,726.25 11283 X 0 0 11283
POLYMEDICA CORPORATION 731738100 1,265,625.00 22500 X 0 0 22500
POTOMAC ELEC PWR CO 737679100 448,500.00 20800 X 0 0 20800
PPG INDS INC 693506107 350,625.00 6600 X 0 0 6600
63,750.00 1200 X 0 0 1200
----------------- ------------- ----------- ---------- --------
414,375.00 7800 0 0 7800
PRIAM CORP 741400105 0.00 26550 X 0 0 26550
PROCTER & GAMBLE CO 742718109 12,469,942.00 214999 X 0 0 214999
51,143,646.00 881787 X 0 0 881787
----------------- ------------- ----------- ---------- --------
63,613,588.00 1096786 0 0 1096786
PROGRESSIVE CORP OHIO 743315103 2,375,078.13 30401 X 0 0 30401
PROVIDIAN FINL CORP 74406A102 321,588.57 3837 X 0 0 3837
2,265,954.76 27036 X 0 0 27036
----------------- ------------- ----------- ---------- --------
2,587,543.33 30873 0 0 30873
PULITZER INC 745769109 207,187.50 5000 X 0 0 5000
PUMA TECHNOLOGY INC 745887109 3,488,453.72 68318 X 0 0 68318
69,513,764.32 1361360 X 0 0 1361360
----------------- ------------- ----------- ---------- --------
73,002,218.04 1429678 0 0 1429678
QUALCOMM INC 747525103 1,793,639.90 12350 X 0 0 12350
3,126,888.02 21530 X 0 0 21530
----------------- ------------- ----------- ---------- --------
4,920,527.92 33880 0 0 33880
QUESTECH CORPORATION 4580999F7 164,250.00 36500 X 0 0 36500
QUINTILES TRANSNATIONAL 748767100 376,488.00 24000 X 0 0 24000
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 149,474,107.17 2776051 0 0 2776051
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 28
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
QWEST COMMUNICATIONS INTL INC 749121109 1,428,638.75 29686 X 2000 0 27686
16,744,035.00 347928 X 0 0 347928
----------------- ------------- ----------- ---------- --------
18,172,673.75 377614 2000 0 375614
R & B FALCON CORP 74912E101 165,012.50 8600 X 0 0 8600
956,074.75 49828 X 0 0 49828
----------------- ------------- ----------- ---------- --------
1,121,087.25 58428 0 0 58428
RAPID COMMUNICATION L P 753388990 50,000.00 50000 X 0 0 50000
RAVINE BEECH CO INC 753865997 3,676,558.00 12887 X 0 0 12887
RAYTHEON CO B 755111408 163,530.63 8930 X 0 0 8930
1,598,864.38 87310 X 0 0 87310
----------------- ------------- ----------- ---------- --------
1,762,395.01 96240 0 0 96240
REED & BARTON CORP 758140909 16,195,321.08 9402 X 0 0 9402
993,905.58 577 X 0 0 577
----------------- ------------- ----------- ---------- --------
17,189,226.66 9979 0 0 9979
RELIASTAR FINL CORP 75952U103 755,071.88 23550 X 0 0 23550
ROCHDALE CORP 7713159A8 240,125.00 21250 X 0 0 21250
SAFE ROOF SYSTEMS INC 793743A96 210,000.00 8400 X 0 0 8400
SAFEGUARD SCIENTIFIC INC 786449108 621,294.38 9230 X 1000 0 8230
2,477,100.00 36800 X 0 0 36800
----------------- ------------- ----------- ---------- --------
3,098,394.38 46030 1000 0 45030
SALEM OIL & GREASE 794438903 455,566.20 740 X 0 0 740
SAPIENT CORP 803062108 97,650.00 1200 X 0 0 1200
782,420.63 9615 X 0 0 9615
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 47,611,168.76 715933 3000 0 712933
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 29
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
880,070.63 10815 0 0 10815
SARA LEE CORP 803111103 55,125.00 3000 X 0 0 3000
727,705.13 39603 X 0 0 39603
----------------- ------------- ----------- ---------- --------
782,830.13 42603 0 0 42603
SBC COMMUNICATIONS INC 78387G103 2,409,110.64 57531 X 0 0 57531
4,512,240.64 107755 X 0 0 107755
----------------- ------------- ----------- ---------- --------
6,921,351.28 165286 0 0 165286
SCHERING PLOUGH CORP 806605101 2,241,212.64 60066 X 0 0 60066
7,777,716.04 208448 X 0 0 208448
----------------- ------------- ----------- ---------- --------
10,018,928.68 268514 0 0 268514
SCHLUMBERGER LTD 806857108 1,795,403.00 23092 X 0 0 23092
9,130,493.50 117434 X 0 0 117434
----------------- ------------- ----------- ---------- --------
10,925,896.50 140526 0 0 140526
SEALED AIR CORP NEW 81211K100 395,156.25 7500 X 0 0 7500
12,242,783.63 232366 X 0 0 232366
----------------- ------------- ----------- ---------- --------
12,637,939.88 239866 0 0 239866
SHERWIN WILLIAMS CO 824348106 236,925.00 10800 X 0 0 10800
5,853,539.27 266828 X 0 0 266828
----------------- ------------- ----------- ---------- --------
6,090,464.27 277628 0 0 277628
SIGMA ALDRICH CORP 826552101 254,730.17 10164 X 0 0 10164
35,086.80 1400 X 0 0 1400
----------------- ------------- ----------- ---------- --------
289,816.97 11564 0 0 11564
SKLAR CORP 8306299A1 0.00 10000 X 0 0 10000
SOLUTIA INC 834376105 167,471.25 12580 X 0 0 12580
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 47,834,698.96 1168567 0 0 1168567
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 30
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
SONAMED CORP 8354099C9 1,972,000.00 493000 X 0 0 493000
SPECIALITY RETAIL GROUP INC 8475129A0 50,000.00 10000 X 0 0 10000
SPRINT CORP FON GROUP 852061100 114,926,406.22 1909473 X 0 0 1909473
12,024,018.05 199776 X 0 0 199776
----------------- ------------- ----------- ---------- --------
126,950,424.27 2109249 0 0 2109249
SPRINT CORP PCS SER 1 852061506 50,703,547.13 784581 X 2000 0 782581
7,897,562.75 122206 X 0 0 122206
----------------- ------------- ----------- ---------- --------
58,601,109.88 906787 2000 0 904787
ST JOE CORP 790148100 229,059.39 7950 X 0 0 7950
ST PAUL COS INC 792860108 644,148.00 19744 X 0 0 19744
STAPLES INC 855030102 4,227,074.70 207301 X 0 0 207301
29,991,816.98 1470836 X 7000 0 1463836
----------------- ------------- ----------- ---------- --------
34,218,891.68 1678137 7000 0 1671137
STATE STREET CORP 857477103 4,185,718.92 44857 X 0 0 44857
49,019,482.55 525326 X 0 0 525326
----------------- ------------- ----------- ---------- --------
53,205,201.47 570183 0 0 570183
STRYKER CORP 863667101 592,875.00 9000 X 0 0 9000
566,525.00 8600 X 0 0 8600
----------------- ------------- ----------- ---------- --------
1,159,400.00 17600 0 0 17600
SUMMIT BANCORP 866005101 58,937.50 2300 X 0 0 2300
721,343.75 28150 X 0 0 28150
----------------- ------------- ----------- ---------- --------
780,281.25 30450 0 0 30450
SUN LIFE FINANCIAL 866796105 149,089.50 14199 X 0 0 14199
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 277,959,605.44 5857299 9000 0 5848299
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 31
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
SUN MICROSYSTEMS INC 866810104 1,537,585.50 16500 X 0 0 16500
SUNTRUST BKS INC 867914103 240,975.00 4200 X 0 0 4200
14,595,683.63 254391 X 0 0 254391
----------------- ------------- ----------- ---------- --------
14,836,658.63 258591 0 0 258591
SYSCO CORP 871829107 709,995.00 19860 X 0 0 19860
3,694,119.00 103332 X 0 0 103332
----------------- ------------- ----------- ---------- --------
4,404,114.00 123192 0 0 123192
TARGET CORP 87612E106 216,125.00 2800 X 0 0 2800
312,609.38 4050 X 0 0 4050
----------------- ------------- ----------- ---------- --------
528,734.38 6850 0 0 6850
TECO ENERGY INC 872375100 50,058.12 2626 X 0 0 2626
1,105,682.19 58003 X 0 0 58003
----------------- ------------- ----------- ---------- --------
1,155,740.31 60629 0 0 60629
TEKTRONIX INC 879131100 48,492.00 898 X 0 0 898
4,547,988.00 84222 X 0 0 84222
----------------- ------------- ----------- ---------- --------
4,596,480.00 85120 0 0 85120
TELEFONICA DE ESPANA S A ADR 879382208 220,312.50 3000 X 0 0 3000
440,625.00 6000 X 0 0 6000
----------------- ------------- ----------- ---------- --------
660,937.50 9000 0 0 9000
TELLABS INC 879664100 2,382,480.00 40000 X 0 0 40000
TEMPLE INLAND INC 879868107 270,533.00 5578 X 0 0 5578
TERADYNE INC 880770102 5,029,992.00 63072 X 0 0 63072
TEXACO INC 881694103 195,639.70 3545 X 0 0 3545
5,638,065.46 102162 X 0 0 102162
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 41,236,960.48 774239 0 0 774239
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 32
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
5,833,705.16 105707 0 0 105707
TEXAS INSTRS INC 882508104 3,799,643.75 23275 X 1000 0 22275
16,359,282.50 100210 X 0 0 100210
----------------- ------------- ----------- ---------- --------
20,158,926.25 123485 1000 0 122485
TEXAS UTILS CO 882848104 247,733.75 8380 X 0 0 8380
THERMO ELECTRON CORP 883556102 87,821.88 4475 X 0 0 4475
351,228.63 17897 X 0 0 17897
----------------- ------------- ----------- ---------- --------
439,050.51 22372 0 0 22372
TIME WARNER INC 887315109 4,153,343.76 45830 X 1800 0 44030
17,448,665.64 192537 X 0 0 192537
----------------- ------------- ----------- ---------- --------
21,602,009.40 238367 1800 0 236567
TIMES MIRROR CO NEW A 887364107 185,750.00 2000 X 0 0 2000
1,161,309.00 12504 X 0 0 12504
----------------- ------------- ----------- ---------- --------
1,347,059.00 14504 0 0 14504
TRANSFUSION TECHNOLOGIES 893650994 151,200.00 16800 X 0 0 16800
TRANSOCEAN SEDCO FOREX INC G90078109 58,702.00 1198 X 0 0 1198
435,953.00 8897 X 0 0 8897
----------------- ------------- ----------- ---------- --------
494,655.00 10095 0 0 10095
TRIBUNE CO 896047107 488,775.00 13300 X 2000 0 11300
74,157,200.25 2017883 X 0 0 2017883
----------------- ------------- ----------- ---------- --------
74,645,975.25 2031183 2000 0 2029183
TRW INC 872649108 1,068,238.19 16973 X 0 0 16973
3,424,492.32 54411 X 0 0 54411
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 123,579,339.67 2536570 4800 0 2531770
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 33
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
4,492,730.51 71384 0 0 71384
TYCO INTL LTD NEW 902124106 2,373,850.50 47596 X 0 0 47596
111,919,300.51 2243996 X 0 0 2243996
----------------- ------------- ----------- ---------- --------
114,293,151.01 2291592 0 0 2291592
U S WEST INC NEW 91273H101 1,248,224.70 17143 X 700 0 16443
3,097,880.69 42546 X 0 0 42546
----------------- ------------- ----------- ---------- --------
4,346,105.39 59689 700 0 58989
UNION PAC CORP 907818108 29,750.00 800 X 0 0 800
413,822.51 11128 X 0 0 11128
----------------- ------------- ----------- ---------- --------
443,572.51 11928 0 0 11928
UNITED PARCEL SERVICE CLASS A 911308104 6,627.50 110 X 0 0 110
106,815,899.50 1772878 X 0 0 1772878
----------------- ------------- ----------- ---------- --------
106,822,527.00 1772988 0 0 1772988
UNITED PARCEL SERVICE CLASS B 911312106 1,603,441.27 27380 X 0 0 27380
3,191,656.26 54500 X 0 0 54500
----------------- ------------- ----------- ---------- --------
4,795,097.53 81880 0 0 81880
UNITED TECHNOLOGIES CORP 913017109 3,127,485.89 50957 X 0 0 50957
26,715,678.26 435286 X 0 0 435286
----------------- ------------- ----------- ---------- --------
29,843,164.15 486243 0 0 486243
UNOCAL CORP 915289102 307,115.00 10280 X 0 0 10280
US BANCORP DEL 902973106 458,844.38 22247 X 0 0 22247
2,381,940.01 115488 X 0 0 115488
----------------- ------------- ----------- ---------- --------
2,840,784.39 137735 0 0 137735
UST INC 902911106 198,581.25 13350 X 0 0 13350
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 263,890,098.23 4865685 700 0 4864985
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 34
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
USX-MARATHON GROUP 902905827 25,250.00 1000 X 0 0 1000
861,656.25 34125 X 0 0 34125
----------------- ------------- ----------- ---------- --------
886,906.25 35125 0 0 35125
VALSPAR CORP 920355104 270,571.88 7350 X 0 0 7350
VARIAN INC 922206107 789,075.00 18900 X 0 0 18900
VARIAN MEDICAL SYSTEMS INC 92220P105 2,049,670.00 46060 X 0 0 46060
VARIAN SEMICONDUCTOR EQUIPMENT 922207105 1,312,955.32 21860 X 0 0 21860
ASSOC INC
VERITAS SOFTWARE CORP 923436109 6,318,375.00 43500 X 0 0 43500
VERTEX PHARMACEUTICALS 92532F100 436,944.00 9103 X 0 0 9103
13,610,400.00 283550 X 0 0 283550
----------------- ------------- ----------- ---------- --------
14,047,344.00 292653 0 0 292653
VERTICALNET INC 92532L107 211,400.00 1400 X 0 0 1400
VICOR CORP 925815102 4,135,179.44 206120 X 0 0 206120
VIEW TECH INC 926707100 117,500.00 20000 X 0 0 20000
VULCAN MATERIALS CO 929160109 300,300.00 6600 X 0 0 6600
21,567.00 474 X 0 0 474
----------------- ------------- ----------- ---------- --------
321,867.00 7074 0 0 7074
VULCAN POWER CO CL A COMMON 929187995 0.00 206791 X 0 0 206791
WACHOVIA CORP NEW 929771103 159,600.00 2400 X 0 0 2400
1,964,809.00 29546 X 0 0 29546
----------------- ------------- ----------- ---------- --------
2,124,409.00 31946 0 0 31946
WAL MART STORES INC 931142103 2,062,345.00 34955 X 0 0 34955
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 34,647,597.89 973734 0 0 973734
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 35
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------
5,841,708.00 99012 X 0 0 99012
----------------- ------------- ----------- ---------- --------
7,904,053.00 133967 0 0 133967
WALGREEN CO 931422109 653,250.00 26000 X 0 0 26000
2,251,903.50 89628 X 0 0 89628
----------------- ------------- ----------- ---------- --------
2,905,153.50 115628 0 0 115628
WARNER LAMBERT CO 934488107 3,326,016.00 34646 X 0 0 34646
5,740,416.00 59796 X 0 0 59796
----------------- ------------- ----------- ---------- --------
9,066,432.00 94442 0 0 94442
WASHINGTON MUTUAL INC 939322103 137,170.01 5104 X 0 0 5104
160,981.25 5990 X 0 0 5990
----------------- ------------- ----------- ---------- --------
298,151.26 11094 0 0 11094
WASHINGTON POST CO CL B 939640108 318,602.50 620 X 0 0 620
13,374,110.79 26026 X 0 0 26026
----------------- ------------- ----------- ---------- --------
13,692,713.29 26646 0 0 26646
WATERS CORP 941848103 603,750.00 7000 X 0 0 7000
WEBCREDIT INC. 9292999A5 471,480.00 157160 X 0 0 157160
WELLS FARGO & CO 949746101 942,616.14 24054 X 0 0 24054
3,898,686.02 99488 X 0 0 99488
----------------- ------------- ----------- ---------- --------
4,841,302.16 123542 0 0 123542
WESTERN PROPERTIES TRUST 959261108 226,406.25 22500 X 0 0 22500
WEYERHAEUSER CO 962166104 1,311,003.14 22150 X 0 0 22150
WHOLE FOODS MKT INC 966837106 36,400.00 800 X 0 0 800
348,530.00 7660 X 0 0 7660
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 39,643,029.60 687634 0 0 687634
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 36
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON
- ------ ----------------- ------------- ----------- ---------- --------
384,930.00 8460 0 0 8460
WILEY JOHN & SONS INC 968223305 520,000.00 32000 X 0 0 32000
WILEY JOHN & SONS INC A 968223206 783,000.00 48000 X 0 0 48000
WILLIAMS COMMUNICATION 969455104 209,356.25 4300 X 0 0 4300
WILLIAMS COS INC 969457100 68,414.06 1575 X 0 0 1575
299,501.56 6895 X 0 0 6895
----------------- ------------- ----------- ---------- --------
367,915.62 8470 0 0 8470
WILMINGTON TR CORP 971807102 42,596.00 926 X 0 0 926
492,200.00 10700 X 0 0 10700
----------------- ------------- ----------- ---------- --------
534,796.00 11626 0 0 11626
WISCONSIN ENERGY CORP 976657106 676,081.26 34450 X 0 0 34450
WPS RES CORP 92931B106 434,700.00 16800 X 0 0 16800
XEROX CORP 984121103 102,531.25 3860 X 0 0 3860
329,375.00 12400 X 0 0 12400
----------------- ------------- ----------- ---------- --------
431,906.25 16260 0 0 16260
ZAPWORLD.COM 98912M102 1,069,085.03 117160 X 0 0 117160
ZOLL MED CORP 989922109 361,914.80 7900 X 0 0 7900
================= ============= =========== ========== ========
TOTALS FOR COMMON 3,818,758,495.32 67653762 76781 0 67576982
================= ============= =========== ========== ========
GRAND TOTALS 3,818,758,495.32 67653762 76781 0 67576982
PREFERRED
- ---------
ARGUS SOFTWARE PFD 0402769C3 9,600.00 8000 X 0 0 8000
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 7,642,915,345.85 135612490 153561 0 135458929
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 37
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PREFERRED (cont.)
- ---------
903,000.00 752500 X 0 0 752500
----------------- ------------- ----------- ---------- --------
912,600.00 760500 0 0 760500
BANKAMERICA CAPITAL $1.938 PFD 066046202 230,625.00 10000 X 0 0 10000
BIZFON INC PFD Ser A 0910999A1 30,000.00 30000 X 0 0 30000
484,000.00 484000 X 0 0 484000
----------------- ------------- ----------- ---------- --------
514,000.00 514000 0 0 514000
BIZFON INC PFD Ser B 0910999B9 1,710.00 900 X 0 0 900
470,058.10 247399 X 0 0 247399
----------------- ------------- ----------- ---------- --------
471,768.10 248299 0 0 248299
BIZFON INC. PFD Ser C 0910999C7 50,000.00 20000 X 0 0 20000
95,000.00 38000 X 0 0 38000
----------------- ------------- ----------- ---------- --------
145,000.00 58000 0 0 58000
BIZFON INC PFD Ser D 0910999D5 278,799.60 929332 X 0 0 929332
CAIRNSTONE INC CV PFD Ser A 1277669D7 0.00 11111 X 0 0 11111
CIPHERGEN BIOSYSTEMS INC PFD 172922916 120,000.00 60000 X 0 0 60000
Ser D
CIPHERGEN BIOSYSTEMS INC PFD 1729229E8 8,250.00 3000 X 0 0 3000
Ser E
21,626.00 7864 X 0 0 7864
----------------- ------------- ----------- ---------- --------
29,876.00 10864 0 0 10864
CORPORATION FOR LASER OPTICS 2200359B7 10,000.00 2500 X 0 0 2500
RESEARCH PFD Ser B
208,000.00 52000 X 0 0 52000
----------------- ------------- ----------- ---------- --------
218,000.00 54500 0 0 54500
DELPHI FORUMS INC CV PFD Ser B 2471539B7 454,005.00 605340 X 32000 0 573340
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 3,365,073.70 3253946 32000 0 3221946
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 38
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PREFERRED (cont.)
- ---------
eHEALTHDIRECT INC PFD 3869725A7 166,667.78 37504 X 0 0 37504
GLOBALSTAR TELECOMM LTD $4.000 379364508 26,075.00 700 X 0 0 700
PFD
376,225.00 10100 X 0 0 10100
----------------- ------------- ----------- ---------- --------
402,300.00 10800 0 0 10800
IBM CORP DEP SH REP 1/4 $1.875 459200309 25,562.50 1000 X 0 0 1000
PFD Ser A
610,943.75 23900 X 0 0 23900
----------------- ------------- ----------- ---------- --------
636,506.25 24900 0 0 24900
iEMILY.COM INC PFD 4526479B8 49,999.18 31401 X 0 0 31401
INTERNET COMMERCE SVCS CO CV 4605679A0 720,000.00 720000 X 0 0 720000
PFD Ser A
MARATHON TECHNOLOGIES CORP CV 565915998 605,000.00 121000 X 0 0 121000
PFD Ser A
MARATHON TECHNOLOGIES CORP CV 565915980 70,000.00 8750 X 0 0 8750
PFD Ser B
910,000.00 113750 X 0 0 113750
----------------- ------------- ----------- ---------- --------
980,000.00 122500 0 0 122500
MARATHON TECHNOLOGIES CORP CV 5659159A5 542,364.00 45197 X 0 0 45197
PFD Ser D
MEDIA ONE GROUP 7% PREM INC 58440J500 369,250.00 7000 X 0 0 7000
EXCHAN SEC $3.500
PFD
659,375.00 12500 X 0 0 12500
----------------- ------------- ----------- ---------- --------
1,028,625.00 19500 0 0 19500
MOTOROLA 6.68% CAPITAL TR PFD 620074203 319,550.00 15400 X 2000 0 13400
2,037,650.00 98200 X 0 0 98200
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 7,488,662.21 1246402 2000 0 1244402
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 39
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PREFERRED (cont.)
- ---------
----------------- ------------- ----------- ---------- --------
2,357,200.00 113600 2000 0 111600
NETWORKS ON-LINE INC CV PFD 641218912 0.00 6376 X 0 0 6376
Ser B
0.00 48624 X 0 0 48624
----------------- ------------- ----------- ---------- --------
0.00 55000 0 0 55000
NOBLENET INC PFD Ser A 6550989A1 300,000.00 240000 X 0 0 240000
PACIFIC TELESIS FING II $2.125 694889205 48,750.00 2000 X 0 0 2000
PFD
351,000.00 14400 X 0 0 14400
----------------- ------------- ----------- ---------- --------
399,750.00 16400 0 0 16400
PRIZMA INC CONV PFD Ser B 7418099B5 102,000.00 34000 X 0 0 34000
PROCUREPOINT.COM INC PFD 985672A53 25,000.00 25000 X 0 0 25000
QUICKBUY INC CV PFD Ser B 7484499A5 10,125.00 1350 X 0 0 1350
766,800.00 102240 X 0 0 102240
----------------- ------------- ----------- ---------- --------
776,925.00 103590 0 0 103590
RELIASTAR FING II $2.025 PFD 75952F205 564,187.50 25500 X 0 0 25500
ROVING SOFTWARE INC CONV PFD 77938R9A5 10,010.00 9100 X 0 0 9100
Ser A
189,970.00 172700 X 0 0 172700
----------------- ------------- ----------- ---------- --------
199,980.00 181800 0 0 181800
RSP AMINO ACID ANALOGUES INC 7496889B5 15,000.00 15000 X 0 0 15000
CONV PFD Ser B
RSP FINE CHEMICALS INC CV PFD 7496999A4 50,000.00 10000 X 0 0 10000
Ser A
SEALED AIR CORP CV $2.000 PFD 81211K209 30,225.00 600 X 0 0 600
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 2,463,067.50 706890 0 0 706890
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 40
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PREFERRED (cont.)
- ---------
680,062.50 13500 X 0 0 13500
----------------- ------------- ----------- ---------- --------
710,287.50 14100 0 0 14100
SMITHKLINE BEECHAM CORP $2.25 832377204 720,000.00 14400 X 0 0 14400
PFD
SONAMED CORP CV PFD Ser B 835409996 56,320.00 8800 X 0 0 8800
347,532.80 54302 X 0 0 54302
----------------- ------------- ----------- ---------- --------
403,852.80 63102 0 0 63102
SONAMED CORP PFD Ser A 8354099H8 28,768.00 4495 X 0 0 4495
499,168.00 77995 X 0 0 77995
----------------- ------------- ----------- ---------- --------
527,936.00 82490 0 0 82490
SPECTRA SCIENCE CORP CONV PFD 847619996 104,917.50 46630 X 0 0 46630
Ser A
867,667.50 385630 X 0 0 385630
----------------- ------------- ----------- ---------- --------
972,585.00 432260 0 0 432260
SURGICAL SEALANTS INC CV PFD 8688889A8 275,025.00 7334 X 0 0 7334
Ser A
SURGICAL SEALANTS INC CV PFD 8688889B6 480,000.00 7680 X 0 0 7680
Ser B
TRANSFUSION TECHNOLOGIES PFD 893658971 128,272.50 11402 X 0 0 11402
Ser E
TURNSTONE PUBLISHING GROUP INC 8998994A3 200,001.88 3299 X 0 0 3299
CONV PFD Ser A
UNIVERSAL LEARNING TECH INC CV 9134569A9 174,948.00 117120 X 0 0 117120
PFD Ser B
UNIVERSAL LEARNING TECH INC CV 9134569C5 119,695.30 30770 X 0 0 30770
PFD Ser C
1,042,971.24 268116 X 0 0 268116
----------------- ------------- ----------- ---------- --------
SUBTOTALS FOR THIS PAGE 5,725,350.22 1051473 0 0 1051473
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 41
BUSINESS DATE: 03/31/2000 R33.002.001
As of 03/31/2000
HOLDING COMPANY: (2) WELCH AND FORBES
INVEST
MARKET INVEST AUTH VOTING AUTH (SHARES)
NAME OF ISSUER CUSIP VALUE SH/PV SOLE SHR MGR SOLE SHARED NONE
- ------------------------------ ------------ ----------------- ------------ ---- --- ---- ----------- ---------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PREFERRED (cont.)
- ---------
----------------- ------------- ----------- ---------- --------
1,162,666.54 298886 0 0 298886
VIRTUAL INK PFD Ser C 928257A95 79,533.60 24000 X 0 0 24000
823,504.15 248500 X 0 0 248500
----------------- ------------- ----------- ---------- --------
903,037.75 272500 0 0 272500
WEB CT INC PFD Ser E 929920908 107,800.00 20000 X 0 0 20000
185,955.00 34500 X 0 0 34500
----------------- ------------- ----------- ---------- --------
293,755.00 54500 0 0 54500
================= ============= =========== ========== ========
TOTALS FOR PREFERRED 20,248,546.38 6593711 34000 0 6559711
================= ============= =========== ========== ========
GRAND TOTALS 20,248,546.38 6593711 34000 0 6559711
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT RUN: 03/31/2000 at 02:32 PM EQUITIES DISCLOSURE (13-F) PAGE 42
BUSINESS DATE: 03/31/2000 R33.002.001
<S> <C> <C>
As of 03/31/2000
Produced on trust2>WELCHDB
The parameters used in producing report R33.002.001 were:
ASOF## = 03/31/2000
BK_LIST## = ()
DV_SUM# = YES
BK_SUM# = NO
MIN_SHARES# = 10,000
MIN_CORP_SHARES# = 10,000
MIN_MKT_VAL# = 200,000.00
CUSIP#1 = ()
</TABLE>
|
|