<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 9/30/2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: MURPHY CAPITAL MANAGEMENT, INC.
Address: 123 PROSPECT STREET, RIDGEWOOD, N.J. 07450
Form 13F File Number: 28-6814
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: JOHN J. MURPHY
Title: PRESIDENT
Phone: 201-445-8366
Signature, Place, and Date of Signing:
/s/ John J. Murphy Ridgewood, N.J. 10/17/2000
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 604
Form 13F Information Table Value Total (thousands): $349,358
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
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<CAPTION>
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A D C TELECOMMUNICATIONS COMMON 000886101 247 9200 SH SOLE 1 0 0 9200
ABN AMRO HLDG NV DEPOSITORY RECEI 000937102 14 608 SH SOLE 1 0 0 608
AFLAC INC COMMON 001055102 9402 146756 SH SOLE 1 0 0 146756
AFN INC COM NEW 001057207 0 545 SH SOLE 1 0 0 545
AGL RES INC COMMON 001204106 26 1300 SH SOLE 1 0 0 1300
AMLI RESIDENTIAL PPTYS T SH BEN INT 001735109 240 10000 SH SOLE 1 0 0 10000
AT&T CORP COMMON 001957109 4006 136379 SH SOLE 1 1100 0 135279
AT&T LIB GRP A COM LIB GRP A 001957208 3721 206702 SH SOLE 1 0 0 206702
AT&T CORP COM WIRLES GRP 001957406 57 2750 SH SOLE 1 0 0 2750
AT & T CDA INC DEPS RCPT CL B 00207Q202 6 200 SH SOLE 1 0 0 200
AVX CORP NEW COMMON 002444107 929 35645 SH SOLE 1 0 0 35645
AXA FINL INC COMMON 002451102 13 250 SH SOLE 1 0 0 250
ABBOTT LABS COMMON 002824100 24 500 SH SOLE 1 0 0 500
ABN AMRO CAP FDG TR I PFD GT TR 7.5% 00371Q202 5 204 SOLE 1 0 0 204
ABRAXAS PETE CORP COMMON 003830106 4 1000 SH SOLE 1 0 0 1000
ACME COMMUNICATION INC COMMON 004631107 15 1700 SH SOLE 1 0 0 1700
AETHER SYS INC COMMON 00808V105 21 200 SH SOLE 1 0 0 200
AETNA INC COMMON 008117103 58 1000 SH SOLE 1 0 0 1000
AFFYMETRIX INC COMMON 00826T108 110 2200 SH SOLE 1 0 0 2200
AGILE SOFTWARE CORP DEL COMMON 00846X105 180 2000 SH SOLE 1 0 0 2000
AGILE SOFTWARE CP DEL CALL OPT JAN 4 00846X105 270 3000 SH CALL SOLE 1 0 0 3000
AGILE SOFTWARE CP DEL CALL OPT APR 5 00846X105 90 1000 SH CALL SOLE 1 0 0 1000
AIR PRODS & CHEMS INC COMMON 009158106 18 500 SH SOLE 1 0 0 500
AKAMAI TECHNOLOGIES INC COMMON 00971T101 5 100 SH SOLE 1 0 0 100
AKTIEBOLAGETT ELECTROLUX DEPOSITORY RECEI 010198208 110 4350 SH SOLE 1 0 0 4350
ALABAMA POWER PFD $7.600 010388205 5 200 SOLE 1 0 0 200
ALBANY MOLECULAR RESH IN COMMON 012423109 11 200 SH SOLE 1 0 0 200
ALCIDE CORP COM NEW 013742507 5 200 SH SOLE 1 0 0 200
ALCOA INC COMMON 013817101 319 12600 SH SOLE 1 1100 0 11500
ALCATEL DEPOSITORY RECEI 013904305 1176 18705 SH SOLE 1 0 0 18705
ALLEGHENY ENERGY INC COMMON 017361106 86 2240 SH SOLE 1 0 0 2240
ALLEGIANCE TELECOM INC COMMON 01747T102 48 1300 SH SOLE 1 0 0 1300
ALLIANT CORP COMMON 018802108 20 672 SH SOLE 1 0 0 672
ALLIED IRISH BKS P L C DEPOSITORY RECEI 019228402 82 3750 SH SOLE 1 0 0 3750
ALLIED ZURICH PLC DEPOSITORY RECEI 01959Q101 18 805 SH SOLE 1 0 0 805
ALLSTATE FIN PFD PFD $7.950 020013207 5 200 SOLE 1 0 0 200
ALLTEL CORP COMMON 020039103 23 450 SH SOLE 1 0 0 450
ALTEON INC COMMON 02144G107 1 400 SH SOLE 1 0 0 400
AMAZON COM INC COMMON 023135106 6 150 SH SOLE 1 0 0 150
AMERADA HESS CORP COMMON 023551104 17 250 SH SOLE 1 0 0 250
AMERICA ONLINE INC DEL COMMON 02364J104 3636 67655 SH SOLE 1 0 0 67655
AMERICAN EXPRESS CO COMMON 025816109 5386 88655 SH SOLE 1 1100 0 87555
AMERICAN EXPRESS CO CALL OPT JAN02 2 02581G9A7 63 1000 SH CALL SOLE 1 0 0 1000
AMERICAN EXPRESS CO CAP QUIPS I 7% 02583Y205 45 2000 SOLE 1 0 0 2000
AMERICAN GEN CAP L L C MIPS B 8.125% 02637F301 6 252 SOLE 1 0 0 252
AMERICAN HOME PRODS CORP COMMON 026609107 2600 45974 SH SOLE 1 0 0 45974
AMERICAN INTL GROUP INC COMMON 026874107 5604 58565 SH SOLE 1 0 0 58565
AMERICAN STD COS INC DEL COMMON 029712106 62 1400 SH SOLE 1 0 0 1400
AMGEN INC COMMON 031162100 434 6210 SH SOLE 1 150 0 6060
AMGEN INC CALL OPT JAN02 4 03116U9A8 1031 13500 SH CALL SOLE 1 0 0 13500
AMSOUTH BANCORPORATION COMMON 032165102 61 4867 SH SOLE 1 0 0 4867
ANADIGICS INC COMMON 032515108 17 750 SH SOLE 1 0 0 750
ANHEUSER BUSCH COS INC COMMON 035229103 86 2044 SH SOLE 1 0 0 2044
APACHE CORP COMMON 037411105 69 1175 SH SOLE 1 0 0 1175
APACHE CORP CALL OPT JAN 4 037411105 591 10000 SH CALL SOLE 1 0 0 10000
APARTMENT INVT & MGMT CO CL A 03748R101 60 1300 SH SOLE 1 0 0 1300
APPLE COMPUTER INC COMMON 037833100 15 600 SH SOLE 1 0 0 600
APPLIED MATLS INC COMMON 038222105 1001 16875 SH SOLE 1 0 0 16875
APPLIED MATERIALS INC CALL OPT JAN02 6 03822E9A9 1418 18000 SH CALL SOLE 1 0 0 18000
ARCHSTONE CMNTYS TR SH BEN INT 039581103 11 435 SH SOLE 1 0 0 435
ARIBA INC COMMON 04033V104 261 1825 SH SOLE 1 100 0 1725
ASK JEEVES INC COMMON 045174109 2 100 SH SOLE 1 0 0 100
ATMEL CORP COMMON 049513104 185 12150 SH SOLE 1 0 0 12150
AULT INC COMMON 051503100 8 1000 SH SOLE 1 0 0 1000
AVALONBAY CMNTYS INC COMMON 053484101 37 768 SH SOLE 1 0 0 768
AVALONBAY CMNTYS INC PFD SER-F 9% 053484507 4 160 SOLE 1 0 0 160
AVANEX CORP COMMON 05348W109 172 1600 SH SOLE 1 0 0 1600
AVANEX CORP CALL OPT MAR 8 05348W109 431 4000 SH CALL SOLE 1 0 0 4000
AVANT IMMUNOTHERAPEUTICS COMMON 053491106 4 400 SH SOLE 1 0 0 400
AVENTIS DEPOSITORY RECEI 053561106 110 1462 SH SOLE 1 0 0 1462
AXA DEPOSITORY RECEI 054536107 59 905 SH SOLE 1 0 0 905
BB&T CORP COMMON 054937107 88 2934 SH SOLE 1 0 0 2934
BP AMOCO P L C DEPOSITORY RECEI 055622104 690 13017 SH SOLE 1 0 0 13017
BMC SOFTWARE INC COMMON 055921100 45 2375 SH SOLE 1 0 0 2375
BAKER HUGHES INC COMMON 057224107 186 5000 SH SOLE 1 0 0 5000
BANK OF AMERICA CORP COMMON 060505104 63 1205 SH SOLE 1 0 0 1205
BANK OF THE SOMERSET HIL COMMON 063913107 15 1500 SH SOLE 1 0 0 1500
BANK NEW YORK INC COMMON 064057102 670 11950 SH SOLE 1 0 0 11950
BANKAMERICA CAP I TOPRS 7.75% 066046202 5 200 SOLE 1 0 0 200
BARCLAYS BK PLC DEPOSITORY RECEI 06738C836 5 200 SH SOLE 1 0 0 200
BARCLAYS PLC DEPOSITORY RECEI 06738E204 104 938 SH SOLE 1 0 0 938
BAUSCH & LOMB INC COMMON 071707103 8 200 SH SOLE 1 0 0 200
BEAR STEARNS COS INC COMMON 073902108 19 300 SH SOLE 1 0 0 300
BEAR STEARNS COS INC CALL OPT JAN 5 073902108 158 2500 SH CALL SOLE 1 0 0 2500
BECTON DICKINSON & CO COMMON 075887109 330 12500 SH SOLE 1 0 0 12500
BED BATH & BEYOND INC COMMON 075896100 63 2600 SH SOLE 1 0 0 2600
BEDFORD PPTY INVS INC COM PAR $0.02 076446301 4 200 SH SOLE 1 0 0 200
BELLSOUTH CORP COMMON 079860102 519 12896 SH SOLE 1 0 0 12896
BESTFOODS COMMON 08658U101 1568 21550 SH SOLE 1 0 0 21550
BETHLEHEM STL CORP PFD CV $2.50 087509402 17 1000 SH SOLE 1 0 0 1000
AMERICA ONLINE INC CALL OPT JAN02 3 08999W9A5 29 500 SH CALL SOLE 1 0 0 500
BIOGEN INC COMMON 090597105 630 10325 SH SOLE 1 0 0 10325
BIOGEN INC CALL OPT JAN 4 090597105 336 5500 SH CALL SOLE 1 0 0 5500
BIOTECH HOLDERS TR DEPOSTRY RCPTS 09067D201 1209 6200 SH SOLE 1 100 0 6100
BIOGEN INC CALL OPT JAN02 4 0909339A2 70 1000 SH CALL SOLE 1 0 0 1000
BITWISE DESIGNS INC COMMON 091747105 39 10000 SH SOLE 1 0 0 10000
BLACK HILLS CORP COMMON 092113109 42 1500 SH SOLE 1 0 0 1500
BOEING CO COMMON 097023105 802 12734 SH SOLE 1 1000 0 11734
BOMBARDIER INC CL B 097751200 28 1600 SH SOLE 1 0 0 1600
ARIBA INC CALL OPT JAN02 9 0F599W9A3 334 2000 SH CALL SOLE 1 0 0 2000
BOSTON PROPERTIES INC COMMON 101121101 13 300 SH SOLE 1 0 0 300
BRIGGS & STRATTON CORP COMMON 109043109 11 300 SH SOLE 1 0 0 300
BRISTOL MYERS SQUIBB CO COMMON 110122108 1607 28130 SH SOLE 1 0 0 28130
BRITISH TELECOMMUNICATIO DEPOSITORY RECEI 111021408 59 550 SH SOLE 1 0 0 550
BROADCOM CORP CL A 111320107 414 1700 SH SOLE 1 50 0 1650
BROADVISION INC COMMON 111412102 8 300 SH SOLE 1 0 0 300
BROCADE COMMUNICATIONS S COMMON 111621108 1156 4900 SH SOLE 1 50 0 4850
BULGARI S P A DEPOSITORY RECEI 12015P102 11 1000 SH SOLE 1 0 0 1000
BURLINGTON RES INC COMMON 122014103 76 2072 SH SOLE 1 0 0 2072
CBL & ASSOC PPTYS INC COMMON 124830100 125 5000 SH SOLE 1 0 0 5000
CIGNA CORP COMMON 125509109 454 4350 SH SOLE 1 0 0 4350
CMGI INC COMMON 125750109 357 12795 SH SOLE 1 0 0 12795
C P & L ENERGY INC COMMON 12614C106 21 500 SH SOLE 1 0 0 500
CTS CORP COMMON 126501105 30 600 SH SOLE 1 0 0 600
CABLE & WIRELESS PUB LTD DEPOSITORY RECEI 126830207 172 4050 SH SOLE 1 0 0 4050
CABLEVISION SYS CORP CL A 12686C109 219 3300 SH SOLE 1 0 0 3300
CACHEFLOW INC COMMON 126946102 43 300 SH SOLE 1 0 0 300
CADBURY SCHWEPPES DEL L PFD QIPS8.625% 127207207 120 5000 SOLE 1 0 0 5000
CAMDEN PPTY TR SH BEN INT 133131102 8 250 SH SOLE 1 0 0 250
CAMPBELL SOUP CO COMMON 134429109 72 2800 SH SOLE 1 0 0 2800
CANADIAN PAC LTD NEW COMMON 135923100 26 1000 SH SOLE 1 0 0 1000
CANON INC DEPOSITORY RECEI 138006309 164 3700 SH SOLE 1 0 0 3700
CAPITAL ONE FINL CORP COMMON 14040H105 28 400 SH SOLE 1 0 0 400
CARDINAL HEALTH INC COMMON 14149Y108 247 2800 SH SOLE 1 0 0 2800
CARDINAL HEALTH INC CALL OPT MAR 6 14149Y108 441 5000 SH CALL SOLE 1 0 0 5000
CARNIVAL CORP COMMON 143658102 7 300 SH SOLE 1 0 0 300
CATERPILLAR INC DEL COMMON 149123101 78 2300 SH SOLE 1 1000 0 1300
CELESTICA INC SUB VTG SHS 15101Q108 17 250 SH SOLE 1 0 0 250
CELGENE CORP COMMON 151020104 271 4550 SH SOLE 1 0 0 4550
CELL PATHWAYS INC NEW COMMON 15114R101 4 500 SH SOLE 1 0 0 500
CELSION CORPORATION COMMON 15117N107 49 20000 SH SOLE 1 0 0 20000
CENDANT CORP COMMON 151313103 3 300 SH SOLE 1 0 0 300
CENTENNIAL COMMUNCTNS CO CL A NEW 15133V208 325 14750 SH SOLE 1 0 0 14750
CHAD THERAPEUTICS INC COMMON 157228107 0 103 SH SOLE 1 0 0 103
CHASE CAP V CAP SEC E7.03% 161479209 44 2000 SOLE 1 0 0 2000
CHASE MANHATTAN CORP NEW COMMON 16161A108 1243 26905 SH SOLE 1 0 0 26905
CHATEAU CMNTYS INC COMMON 161726104 5 200 SH SOLE 1 0 0 200
CHEVRON CORPORATION COMMON 166751107 1085 12725 SH SOLE 1 0 0 12725
CHINA MOBILE HONG KONG L DEPOSITORY RECEI 16941M109 758 23380 SH SOLE 1 0 0 23380
CIENA CORP COMMON 171779101 61 500 SH SOLE 1 0 0 500
CISCO SYS INC COMMON 17275R102 15488 280334 SH SOLE 1 1400 0 278934
CISCO SYSTEMS INC CALL OPT JAN02 4 17275V9A3 95 1500 SH CALL SOLE 1 0 0 1500
CITIGROUP INC COMMON 172967101 10139 187538 SH SOLE 1 1100 0 186438
CITIGROUP CAP I TRUPS 8% 17305F201 6 228 SOLE 1 0 0 228
CITRIX SYS INC COMMON 177376100 5 250 SH SOLE 1 0 0 250
CLEAR CHANNEL COMMUNICAT COMMON 184502102 1642 29062 SH SOLE 1 0 0 29062
CLOROX CO DEL COMMON 189054109 229 5800 SH SOLE 1 0 0 5800
CLOROX COMPANY CALL OPT JAN 2 189054109 396 10000 SH CALL SOLE 1 0 0 10000
COASTAL CORP COMMON 190441105 96 1300 SH SOLE 1 0 0 1300
COCA COLA CO COMMON 191216100 3864 70100 SH SOLE 1 1100 0 69000
COEUR D ALENE MINES CORP SDCV 6.000 06/1 192108AB4 23 35000 PRN SOLE 1 0 0 35000
COLGATE PALMOLIVE CO COMMON 194162103 1041 22050 SH SOLE 1 0 0 22050
COLGATE-PALMOLIVE CO CALL OPT JAN 3 194162103 24 500 SH CALL SOLE 1 0 0 500
COLONIAL COML CORP COM NEW 195621404 9 1500 SH SOLE 1 0 0 1500
COLT TELECOM GROUP PLC DEPOSITORY RECEI 196877104 243 2200 SH SOLE 1 0 0 2200
BROCADE COMMUNICATIONS CALL OPT JAN 11 1D699W9A6 480 2000 SH CALL SOLE 1 0 0 2000
COMCAST CORP CL A SPL 200300200 37 900 SH SOLE 1 0 0 900
COMERICA INC COMMON 200340107 61 1050 SH SOLE 1 0 0 1050
COMMERCE ONE INC DEL COMMON 200693109 8 100 SH SOLE 1 0 0 100
COMPAQ COMPUTER CORP COMMON 204493100 294 10650 SH SOLE 1 0 0 10650
CONOCO INC A CL A 208251306 44 1700 SH SOLE 1 0 0 1700
CONOCO INC B CL B 208251405 79 2940 SH SOLE 1 0 0 2940
CONSOLIDATED EDISON CO N PFD $5 209111707 13 200 SOLE 1 0 0 200
CONSOLIDATED EDISON CO N QUICS7.75%2031 209111848 5 200 SOLE 1 0 0 200
CONSOLIDATED EDISON INC COMMON 209115104 31 900 SH SOLE 1 0 0 900
COPPER MTN NETWORKS INC COMMON 217510106 89 2365 SH SOLE 1 0 0 2365
CORN PRODS INTL INC COMMON 219023108 8 350 SH SOLE 1 0 0 350
CORNING INC COMMON 219350105 1225 4125 SH SOLE 1 0 0 4125
COULTER PHARMACEUTICAL I COMMON 222116105 65 2250 SH SOLE 1 0 0 2250
CREDENCE SYS CORP COMMON 225302108 140 4650 SH SOLE 1 0 0 4650
CYGNUS INC COMMON 232560102 4 400 SH SOLE 1 0 0 400
CYPRESS SEMICONDUCTOR CO COMMON 232806109 4649 111850 SH SOLE 1 1900 0 109950
CYPRESS SEMICONDUCTOR CALL OPT JAN02 2 2329389A0 479 10000 SH CALL SOLE 1 0 0 10000
DATARAM CORP COM PAR $1 238108203 31 1500 SH SOLE 1 0 0 1500
DELL COMPUTER CORP COMMON 247025109 49 1600 SH SOLE 1 0 0 1600
DEUTSCHE LUFTHANSA A G DEPOSITORY RECEI 251561304 20 1000 SH SOLE 1 0 0 1000
DEUTSCHE TELEKOM AG DEPOSITORY RECEI 251566105 15 450 SH SOLE 1 0 0 450
DIAMOND OFFSHORE DRILLIN COMMON 25271C102 12 300 SH SOLE 1 0 0 300
DIAMONDS TR UNIT SER 1 252787106 416 3905 SH SOLE 1 0 0 3905
DIGITAL IS INC DEL COMMON 25385N101 2 100 SH SOLE 1 0 0 100
DISNEY WALT CO COM DISNEY 254687106 4269 111607 SH SOLE 1 1000 0 110607
DOMINION RES INC VA NEW COMMON 25746U109 66 1142 SH SOLE 1 0 0 1142
DOW CHEM CO COMMON 260543103 41 1650 SH SOLE 1 0 0 1650
DU PONT E I DE NEMOURS & COMMON 263534109 844 20356 SH SOLE 1 1100 0 19256
DUKE ENERGY CORP COMMON 264399106 219 2551 SH SOLE 1 0 0 2551
DUKE WEEKS REALTY CORP COM NEW 264411505 58 2400 SH SOLE 1 0 0 2400
DUPONT PHOTOMASKS INC COMMON 26613X101 185 3150 SH SOLE 1 0 0 3150
ECI TELECOM LTD ORD 268258100 12 400 SH SOLE 1 0 0 400
E M C CORP MASS COMMON 268648102 1702 17168 SH SOLE 1 0 0 17168
ENI S P A DEPOSITORY RECEI 26874R108 12 225 SH SOLE 1 0 0 225
E M C CORP MASS CALL OPT JAN 3 26999W9A7 1700 17000 SH CALL SOLE 1 0 0 17000
EASTMAN KODAK CO COMMON 277461109 139 3400 SH SOLE 1 1000 0 2400
ECHOSTAR COMMUNICATIONS CL A 278762109 87 1650 SH SOLE 1 0 0 1650
ECHOSTAR COMMUNICATNS CALL OPT JAN 2 27876V9A5 57 1000 SH CALL SOLE 1 0 0 1000
EDWARDS AG INC COMMON 281760108 89 1700 SH SOLE 1 0 0 1700
EL PASO ENERGY CORP DEL COMMON 283905107 194 3150 SH SOLE 1 0 0 3150
ELAN PLC DEPOSITORY RECEI 284131208 52 950 SH SOLE 1 0 0 950
ELECTRO SCIENTIFIC INDS COMMON 285229100 137 3900 SH SOLE 1 0 0 3900
ELECTRONIC ARTS INC COMMON 285512109 20 400 SH SOLE 1 0 0 400
ELECTRONIC DATA SYS NEW COMMON 285661104 35 850 SH SOLE 1 0 0 850
EMERSON ELEC CO COMMON 291011104 226 3375 SH SOLE 1 0 0 3375
ENDESA S A DEPOSITORY RECEI 29258N107 14 725 SH SOLE 1 0 0 725
ENEL SOCIETA PER AZIONI DEPOSITORY RECEI 29265W108 31 800 SH SOLE 1 0 0 800
ENRON CORP COMMON 293561106 1696 19350 SH SOLE 1 0 0 19350
ENRON CORP CALL OPT JAN 5 293561106 351 4000 SH CALL SOLE 1 0 0 4000
ENTERGY CORP NEW COMMON 29364G103 7 200 SH SOLE 1 0 0 200
ENTERPRISE OIL PLC DEPOSITORY RECEI 293779203 26 1000 SH SOLE 1 0 0 1000
ENTREMED INC COMMON 29382F103 498 17850 SH SOLE 1 0 0 17850
EQUANT N V DEPOSITORY RECEI 294409107 31 850 SH SOLE 1 0 0 850
EQUITY OFFICE PROPERTIES COMMON 294741103 47 1500 SH SOLE 1 0 0 1500
ERICSSON L M TEL CO DEPOSITORY RECEI 294821400 1896 128018 SH SOLE 1 0 0 128018
EXODUS COMMUNICATIONS IN COMMON 302088109 1057 21410 SH SOLE 1 0 0 21410
EXXON MOBIL CORP COMMON 30231G102 7396 82984 SH SOLE 1 1000 0 81984
F & M NATL CORP COMMON 302374103 13 515 SH SOLE 1 0 0 515
FEDERAL AGRIC MTG CORP CL C 313148306 12 700 SH SOLE 1 0 0 700
FEDERAL NATL MTG ASSN COMMON 313586109 322 4510 SH SOLE 1 0 0 4510
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 11 550 SH SOLE 1 0 0 550
FEDEX CORP COMMON 31428X106 102 2300 SH SOLE 1 0 0 2300
F5 NETWORKS INC COMMON 315616102 49 1450 SH SOLE 1 0 0 1450
FINISAR COMMON 31787A101 283 5850 SH SOLE 1 0 0 5850
FINISAR CALL OPT MAR 2 31787A101 363 7500 SH CALL SOLE 1 0 0 7500
FINOVA GROUP INC COMMON 317928109 4 500 SH SOLE 1 0 0 500
FIRST PAC LTD DEPOSITORY RECEI 335889200 1 450 SH SOLE 1 0 0 450
FIRST UN CORP COMMON 337358105 50 1560 SH SOLE 1 0 0 1560
FORTIS AMEV N V DEPOSITORY RECEI 34956J101 46 1518 SH SOLE 1 0 0 1518
FORTUNE BRANDS INC COMMON 349631101 53 2000 SH SOLE 1 0 0 2000
FRANCE TELECOM DEPOSITORY RECEI 35177Q105 68 650 SH SOLE 1 0 0 650
GABELLI EQUITY TR INC PFD 7.25% 362397309 23 1000 SOLE 1 0 0 1000
GALLAHER GROUP PLC DEPOSITORY RECEI 363595109 2 100 SH SOLE 1 0 0 100
GANNETT INC COMMON 364730101 8 150 SH SOLE 1 0 0 150
GENENTECH INC COM NEW 368710406 789 4250 SH SOLE 1 0 0 4250
GENERAL ELEC CO COMMON 369604103 23333 404470 SH SOLE 1 1100 0 403370
GENERAL ELECTRIC CO CALL OPT JAN 2 369604103 58 1000 SH CALL SOLE 1 0 0 1000
GENERAL MLS INC COMMON 370334104 754 21250 SH SOLE 1 0 0 21250
GENERAL MTRS CORP COMMON 370442105 1395 21458 SH SOLE 1 1100 0 20358
GENERAL MTRS CL H CL H NEW 370442832 2119 57005 SH SOLE 1 0 0 57005
GENERAL MTRS CORP CL H CALL OPT JAN 2 370999104 0 1000 SH CALL SOLE 1 0 0 1000
GEORGIA PAC CORP COM GA PAC GRP 373298108 87 3700 SH SOLE 1 0 0 3700
GEORGIA PAC CORP PEPS UNITS 373298801 12 400 SOLE 1 0 0 400
GILLETTE CO COMMON 375766102 1457 47201 SH SOLE 1 0 0 47201
GLAXO WELLCOME PLC DEPOSITORY RECEI 37733W105 97 1600 SH SOLE 1 0 0 1600
GLOBAL MARINE INC COMMON 379352404 45 1450 SH SOLE 1 0 0 1450
GLOBO CABO S A DEPOSITORY RECEI 37957X102 80 6000 SH SOLE 1 0 0 6000
GOLDMAN SACHS GROUP INC COMMON 38141G104 704 6175 SH SOLE 1 0 0 6175
GROUPE DANONE DEPOSITORY RECEI 399449107 120 4300 SH SOLE 1 0 0 4300
GROVE PPTY TR SH BEN INT 399613108 83 5000 SH SOLE 1 0 0 5000
GRUPO IUSACELL S A DE C DEPOSITORY RECEI 40050B100 463 39000 SH SOLE 1 0 0 39000
HALLIBURTON CO COMMON 406216101 392 8000 SH SOLE 1 0 0 8000
HAMILTON BIOPHILE COS COMMON 40701P102 0 3000 SH SOLE 1 0 0 3000
HANCOCK JOHN FINL SVCS I COMMON 41014S106 16 601 SH SOLE 1 0 0 601
HARCOURT GEN INC COMMON 41163G101 38 650 SH SOLE 1 0 0 650
HARLEY DAVIDSON INC COMMON 412822108 77 1600 SH SOLE 1 0 0 1600
HARMONIC INC COMMON 413160102 24 1000 SH SOLE 1 0 0 1000
HARTFORD FINL SVCS GROUP COMMON 416515104 62 850 SH SOLE 1 0 0 850
HAWAIIAN ELEC INDUSTRIES COMMON 419870100 30 850 SH SOLE 1 0 0 850
HELIX TECHNOLOGY CORP COMMON 423319102 4 150 SH SOLE 1 0 0 150
HERSHEY FOODS CORP COMMON 427866108 54 1000 SH SOLE 1 0 0 1000
HEWLETT PACKARD CO COMMON 428236103 1289 13284 SH SOLE 1 1000 0 12284
HOME DEPOT INC COMMON 437076102 2003 37752 SH SOLE 1 1100 0 36652
HONEYWELL INTL INC COMMON 438516106 786 22065 SH SOLE 1 1000 0 21065
HOWARD SAVINGS COMMON 442765103 1 4000 SH SOLE 1 0 0 4000
HSBC BK PLC DEPOSITORY RECEI 44328M302 10 400 SH SOLE 1 0 0 400
HUMAN GENOME SCIENCES IN COMMON 444903108 17 100 SH SOLE 1 0 0 100
IDEC PHARMACEUTICALS COR COMMON 449370105 86 490 SH SOLE 1 0 0 490
IRT PPTY CO COMMON 450058102 8 900 SH SOLE 1 0 0 900
INTERNATIONAL BUS MACH CALL OPT JAN 7 4502049A2 158 1300 SH CALL SOLE 1 0 0 1300
IXL ENTERPRISES INC COMMON 450718101 2 400 SH SOLE 1 0 0 400
ILLINOIS TOOL WKS INC COMMON 452308109 34 600 SH SOLE 1 0 0 600
IMMUNEX CORP NEW COMMON 452528102 735 16892 SH SOLE 1 0 0 16892
IMPATH INC COMMON 45255G101 117 1850 SH SOLE 1 0 0 1850
INDUSTRIAL DEV BK ISRAEL PFD SER DD 7.50% 456056878 0 1 SOLE 1 0 0 1
INFINITY BROADCASTING CP CL A 45662S102 277 8400 SH SOLE 1 0 0 8400
ING GROEP N V DEPOSITORY RECEI 456837103 141 2134 SH SOLE 1 0 0 2134
INGERSOLL-RAND CO COMMON 456866102 5 150 SH SOLE 1 0 0 150
INHALE THERAPEUTIC SYS I COMMON 457191104 11 200 SH SOLE 1 0 0 200
INKINE PHARMACEUTICALS I COMMON 457214104 11 1000 SH SOLE 1 0 0 1000
INKTOMI CORP COMMON 457277101 302 2650 SH SOLE 1 0 0 2650
INTEL CORP COMMON 458140100 8227 197938 SH SOLE 1 2000 0 195938
INTEL CORP CALL OPT JAN 3 458140100 42 1000 SH CALL SOLE 1 0 0 1000
INTEL CORP CALL OPT JAN 2 45814G9A5 1338 23500 SH CALL SOLE 1 0 0 23500
INTERNAP NETWORK SVCS CO COMMON 45885A102 32 1000 SH SOLE 1 0 0 1000
INTERNATIONAL BUSINESS M COMMON 459200101 11380 101158 SH SOLE 1 1100 0 100058
INTERNATIONAL BUS MACH CALL OPT JAN 7 459200101 1406 12500 SH CALL SOLE 1 0 0 12500
INTERNATIONAL FLAVORS&FR COMMON 459506101 9 500 SH SOLE 1 0 0 500
CISCO SYSTEMS INC CALL OPT JAN 4 45999W9A7 472 8000 SH CALL SOLE 1 0 0 8000
INTL PAPER CO COMMON 460146103 237 8250 SH SOLE 1 1050 0 7200
INTERNET INITIATIVE JAPA DEPOSITORY RECEI 46059T109 27 650 SH SOLE 1 0 0 650
ISIS PHARMACEUTICALS INC COMMON 464330109 12 1000 SH SOLE 1 0 0 1000
I2 TECHNOLOGIES INC COMMON 465754109 19 100 SH SOLE 1 0 0 100
JDS UNIPHASE CORP COMMON 46612J101 3306 34917 SH SOLE 1 0 0 34917
JNI CORP COMMON 46622G105 214 2400 SH SOLE 1 0 0 2400
JABIL CIRCUIT INC COMMON 466313103 942 16600 SH SOLE 1 1200 0 15400
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TRANSOCEAN SEDCO FOREX I ORD G90078109 385 6572 SH SOLE 1 0 0 6572
MILLICOM INTL CELLULAR S ORD L6388F102 14 400 SH SOLE 1 0 0 400
KPNQWEST N V CL C N50919104 9 300 SH SOLE 1 0 0 300
LIBERTEL N.V. ADR N52519100 14 1000 SH SOLE 1 0 0 1000
FLEXTRONICS INTL LTD ORD Y2573F102 1474 17950 SH SOLE 1 0 0 17950
PACIFIC CENT CYBERWORKS PACIFIC CENT CYB Y6801N100 1 400 SH SOLE 1 0 0 400
</TABLE>