<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: 6/30/00
Check here if Amendment [X]; Amendment Number: 1
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. 7/12/00
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 564
Form 13F Information Table Value Total (thousands): $342,414
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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<TABLE>
<CAPTION>
Form 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- ---------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A D C TELECOMMUNICATIONS COMMON 886101 352 4200 SH SOLE 1 0 0 4200
ABN AMRO HLDG NV DEPOSITORY RECEI 937102 15 608 SH SOLE 1 0 0 608
AFLAC INC COMMON 1055102 6823 148519 SH SOLE 1 0 0 148519
AFN INC COM NEW 1057207 0 545 SH SOLE 1 0 0 545
AGL RES INC COMMON 1204106 21 1300 SH SOLE 1 0 0 1300
AMFM INC COMMON 1693100 1044 15125 SH SOLE 1 0 0 15125
AMLI RESIDENTIAL PPTYS T SH BEN INT 1735109 236 10000 SH SOLE 1 0 0 10000
AT&T CORP COMMON 1957109 3666 115917 SH SOLE 1 1100 0 114817
AT&T LIB GRP A COM LIB GRP A 1957208 4854 200162 SH SOLE 1 0 0 200162
AT&T CORP COM WIRLES GRP 1957406 7 250 SH SOLE 1 0 0 250
AT & T CDA INC DEPS RCPT CL B 00207Q202 7 200 SH SOLE 1 0 0 200
AVX CORP NEW COMMON 2444107 867 37795 SH SOLE 1 0 0 37795
AXA FINL INC COMMON 2451102 16 470 SH SOLE 1 0 0 470
ABB AB DEPOSITORY RECEI 00256Q103 31 2300 SH SOLE 1 0 0 2300
ABBOTT LABS COMMON 2824100 22 500 SH SOLE 1 0 0 500
ABN AMRO CAP FDG TR I PFD GT TR 7.5% 00371Q202 4 204 SOLE 1 0 0 204
ABRAXAS PETE CORP COMMON 3830106 2 1000 SH SOLE 1 0 0 1000
ACME COMMUNICATION INC COMMON 4631107 31 1700 SH SOLE 1 0 0 1700
ADVANCED RADIO TELECOM C COMMON 00754U101 1 100 SH SOLE 1 0 0 100
AERIAL COMMUNICATIONS IN COMMON 7655103 10 200 SH SOLE 1 0 0 200
AETHER SYS INC COMMON 00808V105 41 200 SH SOLE 1 0 0 200
AFFYMETRIX INC COMMON 00826T108 182 1100 SH SOLE 1 0 0 1100
AIR PRODS & CHEMS INC COMMON 9158106 15 500 SH SOLE 1 0 0 500
AKAMAI TECHNOLOGIES INC COMMON 00971T101 12 100 SH SOLE 1 0 0 100
ALABAMA POWER PFD $7.600 10388205 4 200 SOLE 1 0 0 200
ALBANY MOLECULAR RESH IN COMMON 12423109 5 100 SH SOLE 1 0 0 100
ALCIDE CORP COM NEW 13742507 4 200 SH SOLE 1 0 0 200
ALCOA INC COMMON 13817101 409 14100 SH SOLE 1 1100 0 13000
ALCATEL DEPOSITORY RECEI 13904305 23 350 SH SOLE 1 0 0 350
ALLEGHENY ENERGY INC COMMON 17361106 61 2240 SH SOLE 1 0 0 2240
ALLIANT CORP COMMON 18802108 17 672 SH SOLE 1 0 0 672
ALLIED IRISH BKS P L C DEPOSITORY RECEI 19228402 93 5250 SH SOLE 1 0 0 5250
ALLSTATE FIN PFD PFD $7.950 20013207 5 200 SOLE 1 0 0 200
ALLTEL CORP COMMON 20039103 1465 23660 SH SOLE 1 0 0 23660
ALTEON INC COMMON 02144G107 1 400 SH SOLE 1 0 0 400
AMAZON COM INC COMMON 23135106 13 350 SH SOLE 1 0 0 350
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMERADA HESS CORP COMMON 23551104 15 250 SH SOLE 1 0 0 250
AMERICA ONLINE INC DEL COMMON 02364J104 3310 62820 SH SOLE 1 0 0 62820
AMERICAN EXPRESS CO COMMON 25816109 4525 86805 SH SOLE 1 1100 0 85705
AMERICAN EXPRESS CO CALL OPT JAN02 2 02581G9A7 133 2400 SH CALL SOLE 1 0 0 2400
AMERICAN EXPRESS CO CAP QUIPS I 7% 02583Y205 43 2000 SOLE 1 0 0 2000
AMERICAN GREETINGS CORP CL A 26375105 8 400 SH SOLE 1 0 0 400
AMERICAN GEN CAP L L C MIPS B 8.125% 02637F301 6 252 SOLE 1 0 0 252
AMERICAN HOME PRODS CORP COMMON 26609107 2686 45724 SH SOLE 1 0 0 45724
AMERICAN INTL GROUP INC COMMON 26874107 4382 37290 SH SOLE 1 0 0 37290
AMERICAN STD COS INC DEL COMMON 29712106 57 1400 SH SOLE 1 0 0 1400
AMGEN INC COMMON 31162100 443 6310 SH SOLE 1 150 0 6160
AMGEN INC CALL OPT JAN 2 31162100 703 10000 SH CALL SOLE 1 0 0 10000
AMSOUTH BANCORPORATION COMMON 32165102 77 4867 SH SOLE 1 0 0 4867
ANADIGICS INC COMMON 32515108 124 3650 SH SOLE 1 0 0 3650
ANHEUSER BUSCH COS INC COMMON 35229103 76 1022 SH SOLE 1 0 0 1022
APARTMENT INVT & MGMT CO CL A 03748R101 56 1300 SH SOLE 1 0 0 1300
APPLE COMPUTER INC COMMON 37833100 31 600 SH SOLE 1 0 0 600
APPLIED MATLS INC COMMON 38222105 127 1400 SH SOLE 1 0 0 1400
APPLIED MATERIALS INC CALL OPT JAN02 6 03822E9A9 1050 10000 SH CALL SOLE 1 0 0 10000
ARCHSTONE CMNTYS TR SH BEN INT 39581103 9 435 SH SOLE 1 0 0 435
ARIBA INC COMMON 04033V104 12 125 SH SOLE 1 0 0 125
ASK JEEVES INC COMMON 45174109 2 100 SH SOLE 1 0 0 100
AT HOME CORP COM SER A 45919107 2 100 SH SOLE 1 0 0 100
ATMEL CORP COMMON 49513104 366 9925 SH SOLE 1 0 0 9925
AULT INC COMMON 51503100 7 1000 SH SOLE 1 0 0 1000
AVALONBAY CMNTYS INC COMMON 53484101 32 768 SH SOLE 1 0 0 768
AVALONBAY CMNTYS INC PFD SER-F 9% 53484507 4 160 SOLE 1 0 0 160
AVANT IMMUNOTHERAPEUTICS COMMON 53491106 4 400 SH SOLE 1 0 0 400
AVENTIS DEPOSITORY RECEI 53561106 65 900 SH SOLE 1 0 0 900
AXA DEPOSITORY RECEI 54536107 56 700 SH SOLE 1 0 0 700
BB&T CORP COMMON 54937107 6 236 SH SOLE 1 0 0 236
BP AMOCO P L C DEPOSITORY RECEI 55622104 789 13955 SH SOLE 1 0 0 13955
BMC SOFTWARE INC COMMON 55921100 163 4475 SH SOLE 1 0 0 4475
BAKER HUGHES INC COMMON 57224107 154 4800 SH SOLE 1 0 0 4800
BANK OF AMERICA CORP COMMON 60505104 65 1505 SH SOLE 1 0 0 1505
BANK OF THE SOMERSET HIL COMMON 63913107 14 1500 SH SOLE 1 0 0 1500
BANK NEW YORK INC COMMON 64057102 556 11950 SH SOLE 1 0 0 11950
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BANKAMERICA CAP I TOPRS 7.75% 66046202 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 6.74E+207 149 1488 SH SOLE 1 0 0 1488
BECTON DICKINSON & CO COMMON 75887109 366 12750 SH SOLE 1 0 0 12750
BED BATH & BEYOND INC COMMON 75896100 47 1300 SH SOLE 1 0 0 1300
BEDFORD PPTY INVS INC COM PAR $0.02 76446301 4 200 SH SOLE 1 0 0 200
BELL ATLANTIC CORP COMMON 77853109 1203 23670 SH SOLE 1 0 0 23670
BELLSOUTH CORP COMMON 79860102 558 13096 SH SOLE 1 0 0 13096
BESTFOODS COMMON 08658U101 1520 21950 SH SOLE 1 0 0 21950
BETHLEHEM STL CORP COMMON 87509105 4 1000 SH SOLE 1 0 0 1000
BETHLEHEM STL CORP PFD CV $2.50 87509402 19 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 90597105 656 10175 SH SOLE 1 0 0 10175
BIOGEN INC CALL OPT JAN 4 90597105 968 15000 SH CALL SOLE 1 0 0 15000
BLACK HILLS CORP COMMON 92113109 34 1500 SH SOLE 1 0 0 1500
BOEING CO COMMON 97023105 296 7084 SH SOLE 1 1000 0 6084
BOMBARDIER INC CL B 97751200 22 800 SH SOLE 1 0 0 800
BOSTON PROPERTIES INC COMMON 101121101 12 300 SH SOLE 1 0 0 300
BRIGGS & STRATTON CORP COMMON 109043109 10 300 SH SOLE 1 0 0 300
BRISTOL MYERS SQUIBB CO COMMON 110122108 1911 32805 SH SOLE 1 0 0 32805
BRITISH TELECOMMUNICATIO DEPOSITORY RECEI 111021408 350 2650 SH SOLE 1 0 0 2650
BROADCOM CORP CL A 111320107 263 1200 SH SOLE 1 0 0 1200
BROADVISION INC COMMON 111412102 15 300 SH SOLE 1 0 0 300
BROCADE COMMUNICATIONS S COMMON 111621108 972 5300 SH SOLE 1 0 0 5300
BROCADE COMMUNICATIONS CALL OPT JAN 9 111621108 275 1500 SH CALL SOLE 1 0 0 1500
BULGARI S P A DEPOSITORY RECEI 12015P102 12 1000 SH SOLE 1 0 0 1000
BURLINGTON RES INC COMMON 122014103 115 2997 SH SOLE 1 0 0 2997
CBL & ASSOC PPTYS INC COMMON 124830100 125 5000 SH SOLE 1 0 0 5000
CIGNA CORP COMMON 125509109 136 1450 SH SOLE 1 0 0 1450
CMGI INC COMMON 125750109 1031 22495 SH SOLE 1 700 0 21795
C P & L ENERGY INC COMMON 12614C106 16 500 SH SOLE 1 0 0 500
CTS CORP COMMON 126501105 36 800 SH SOLE 1 0 0 800
CABLE & WIRELESS PUB LTD DEPOSITORY RECEI 126830207 193 3850 SH SOLE 1 0 0 3850
CABLEVISION SYS CORP CL A 12686C109 268 3950 SH SOLE 1 0 0 3950
CACHEFLOW INC COMMON 126946102 18 300 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 7 250 SH SOLE 1 0 0 250
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CAMPBELL SOUP CO COMMON 134429109 86 2950 SH SOLE 1 0 0 2950
CANADIAN PAC LTD NEW COMMON 135923100 26 1000 SH SOLE 1 0 0 1000
CANON INC DEPOSITORY RECEI 138006309 174 3450 SH SOLE 1 0 0 3450
CATERPILLAR INC DEL COMMON 149123101 75 2200 SH SOLE 1 1000 0 1200
CELGENE CORP COMMON 151020104 280 4750 SH SOLE 1 0 0 4750
CELL PATHWAYS INC NEW COMMON 15114R101 12 500 SH SOLE 1 0 0 500
CELSION CORPORATION COMMON 15117N107 58 20000 SH SOLE 1 0 0 20000
CENTENNIAL COMMUNCTNS CO CL A NEW 15133V208 425 30900 SH SOLE 1 0 0 30900
CHAD THERAPEUTICS INC COMMON 157228107 0 103 SH SOLE 1 0 0 103
CHASE CAP V CAP SEC E7.03% 161479209 42 2000 SOLE 1 0 0 2000
CHASE MANHATTAN CORP NEW COMMON 16161A108 1469 31892 SH SOLE 1 0 0 31892
CHASE MANHATTAN CORP NEW PFD 10.96% 16161A835 17 700 SOLE 1 0 0 700
CHATEAU CMNTYS INC COMMON 161726104 6 200 SH SOLE 1 0 0 200
CHEVRON CORPORATION COMMON 166751107 1079 12725 SH SOLE 1 0 0 12725
CHINA TELECOM HONG KONG DEPOSITORY RECEI 169428109 1129 6350 SH SOLE 1 0 0 6350
CIENA CORP COMMON 171779101 42 250 SH SOLE 1 0 0 250
CISCO SYS INC COMMON 17275R102 18666 293659 SH SOLE 1 1400 0 292259
CITIGROUP INC COMMON 172967101 8332 138284 SH SOLE 1 1100 0 137184
CITIGROUP CAP I TRUPS 8% 17305F201 5 228 SOLE 1 0 0 228
CLEAR CHANNEL COMMUNICAT COMMON 184502102 1059 14125 SH SOLE 1 0 0 14125
CLOROX CO DEL COMMON 189054109 212 4725 SH SOLE 1 0 0 4725
COASTAL CORP COMMON 190441105 79 1300 SH SOLE 1 0 0 1300
COCA COLA CO COMMON 191216100 4088 71175 SH SOLE 1 1100 0 70075
COEUR D ALENE MINES CORP SDCV 6.000 06/1 192108AB4 23 35000 PRN SOLE 1 0 0 35000
COLGATE PALMOLIVE CO COMMON 194162103 1317 22000 SH SOLE 1 0 0 22000
COLONIAL COML CORP COM NEW 195621404 9 1500 SH SOLE 1 0 0 1500
COLT TELECOM GROUP PLC DEPOSITORY RECEI 196877104 285 2100 SH SOLE 1 0 0 2100
COMCAST CORP CL A SPL 200300200 12 300 SH SOLE 1 0 0 300
COMERICA INC COMMON 200340107 47 1050 SH SOLE 1 0 0 1050
COMPAQ COMPUTER CORP COMMON 204493100 33 1300 SH SOLE 1 0 0 1300
COMSAT CORP COM SER 1 20564D107 7 316 SH SOLE 1 0 0 316
CONCENTRIC NETWORK CORP COMMON 20589R107 24 500 SH SOLE 1 0 0 500
CONOCO INC A CL A 208251306 13 600 SH SOLE 1 0 0 600
CONOCO INC B CL B 208251405 75 3060 SH SOLE 1 0 0 3060
CONSOLIDATED EDISON CO N PFD $5 209111707 14 200 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 27 900 SH SOLE 1 0 0 900
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COPPER MTN NETWORKS INC COMMON 217510106 317 3600 SH SOLE 1 0 0 3600
CORN PRODS INTL INC COMMON 219023108 9 350 SH SOLE 1 0 0 350
CORNING INC COMMON 219350105 1167 4325 SH SOLE 1 0 0 4325
COULTER PHARMACEUTICAL I COMMON 222116105 65 3150 SH SOLE 1 0 0 3150
COVAD COMMUNICATIONS GRO COMMON 222814204 3 200 SH SOLE 1 0 0 200
CREDENCE SYS CORP COMMON 225302108 246 4450 SH SOLE 1 0 0 4450
CYGNUS INC COMMON 232560102 6 400 SH SOLE 1 0 0 400
CYPRESS COMMUNICATIONS I COMMON 232743104 5 700 SH SOLE 1 0 0 700
CYPRESS SEMICONDUCTOR CO COMMON 232806109 5225 123670 SH SOLE 1 1900 0 121770
CYPRESS SEMICONDUCTOR CALL OPT JAN02 2 2329389A0 1222 25000 SH CALL SOLE 1 0 0 25000
DELL COMPUTER CORP COMMON 247025109 118 2400 SH SOLE 1 0 0 2400
DEUTSCHE LUFTHANSA A G DEPOSITORY RECEI 251561304 23 1000 SH SOLE 1 0 0 1000
DEUTSCHE TELEKOM AG DEPOSITORY RECEI 251566105 17 300 SH SOLE 1 0 0 300
DIAMOND OFFSHORE DRILLIN COMMON 25271C102 11 300 SH SOLE 1 0 0 300
DIAMONDS TR UNIT SER 1 252787106 414 3965 SH SOLE 1 0 0 3965
DIGITAL IS INC DEL COMMON 25385N101 5 100 SH SOLE 1 0 0 100
DISNEY WALT CO COM DISNEY 254687106 4314 111147 SH SOLE 1 1000 0 110147
DOMINION RES INC VA NEW COMMON 25746U109 49 1142 SH SOLE 1 0 0 1142
DOUBLECLICK INC COMMON 258609304 15 400 SH SOLE 1 0 0 400
DOW CHEM CO COMMON 260543103 143 4728 SH SOLE 1 0 0 4728
DU PONT E I DE NEMOURS & COMMON 263534109 891 20356 SH SOLE 1 1100 0 19256
DUKE ENERGY CORP COMMON 264399106 138 2451 SH SOLE 1 0 0 2451
DUKE WEEKS REALTY CORP COM NEW 264411505 54 2400 SH SOLE 1 0 0 2400
DUPONT PHOTOMASKS INC COMMON 26613X101 192 2800 SH SOLE 1 0 0 2800
DYCOM INDS INC COMMON 267475101 14 300 SH SOLE 1 0 0 300
ECI TELECOM LTD ORD 268258100 14 400 SH SOLE 1 0 0 400
E M C CORP MASS COMMON 268648102 1630 21190 SH SOLE 1 0 0 21190
E-TEK DYNAMICS INC COMMON 269240107 1277 4840 SH SOLE 1 0 0 4840
E M C CORP MASS CALL OPT JAN 3 26999W9A7 1724 22000 SH CALL SOLE 1 0 0 22000
EASTMAN KODAK CO COMMON 277461109 223 3750 SH SOLE 1 1000 0 2750
ECHOSTAR COMMUNICATIONS CL A 278762109 46 1400 SH SOLE 1 0 0 1400
EDWARDS AG INC COMMON 281760108 66 1700 SH SOLE 1 0 0 1700
EL PASO ENERGY CORP DEL COMMON 283905107 59 1150 SH SOLE 1 0 0 1150
ELAN PLC DEPOSITORY RECEI 284131208 7 150 SH SOLE 1 0 0 150
ELECTRONIC ARTS INC COMMON 285512109 15 200 SH SOLE 1 0 0 200
ELECTRONIC DATA SYS NEW COMMON 285661104 30 725 SH SOLE 1 0 0 725
EMERSON ELEC CO COMMON 291011104 204 3375 SH SOLE 1 0 0 3375
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ENDESA S A DEPOSITORY RECEI 29258N107 4 200 SH SOLE 1 0 0 200
ENRON CORP COMMON 293561106 274 4250 SH SOLE 1 0 0 4250
ENTERGY CORP NEW COMMON 29364G103 8 300 SH SOLE 1 0 0 300
ENTERPRISE OIL PLC DEPOSITORY RECEI 293779203 25 1000 SH SOLE 1 0 0 1000
ENTERPRISE OIL PLC DEPOSITORY RECEI 293779302 7 300 SH SOLE 1 0 0 300
ENTREMED INC COMMON 29382F103 603 20150 SH SOLE 1 0 0 20150
EQUANT N V DEPOSITORY RECEI 294409107 368 8550 SH SOLE 1 0 0 8550
EQUITY OFFICE PROPERTIES COMMON 294741103 41 1500 SH SOLE 1 0 0 1500
ERICSSON L M TEL CO DEPOSITORY RECEI 294821400 2442 122080 SH SOLE 1 0 0 122080
EXODUS COMMUNICATIONS IN COMMON 302088109 1177 25560 SH SOLE 1 0 0 25560
EXXON MOBIL CORP COMMON 30231G102 6285 80061 SH SOLE 1 1000 0 79061
F & M NATL CORP COMMON 302374103 11 515 SH SOLE 1 0 0 515
FEDERAL AGRIC MTG CORP CL C 313148306 10 700 SH SOLE 1 0 0 700
FEDERAL NATL MTG ASSN COMMON 313586109 288 5510 SH SOLE 1 0 0 5510
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 11 550 SH SOLE 1 0 0 550
FEDEX CORP COMMON 31428X106 87 2300 SH SOLE 1 0 0 2300
F5 NETWORKS INC COMMON 315616102 158 2900 SH SOLE 1 0 0 2900
FINOVA GROUP INC COMMON 317928109 7 500 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 44 1760 SH SOLE 1 0 0 1760
FORD MTR CO DEL COMMON 345370100 41 950 SH SOLE 1 0 0 950
FORTIS AMEV N V DEPOSITORY RECEI 34956J101 44 1518 SH SOLE 1 0 0 1518
FORTUNE BRANDS INC COMMON 349631101 53 2300 SH SOLE 1 0 0 2300
FRANCE TELECOM DEPOSITORY RECEI 35177Q105 406 2850 SH SOLE 1 0 0 2850
GTE CORP COMMON 362320103 1278 20525 SH SOLE 1 0 0 20525
GABELLI EQUITY TR INC PFD 7.25% 362397309 22 1000 SOLE 1 0 0 1000
GALLAHER GROUP PLC DEPOSITORY RECEI 363595109 2 100 SH SOLE 1 0 0 100
GANNETT INC COMMON 364730101 9 150 SH SOLE 1 0 0 150
GENENTECH INC COM NEW 368710406 731 4250 SH SOLE 1 0 0 4250
GENERAL ELEC CO COMMON 369604103 20890 394151 SH SOLE 1 1100 0 393051
GENERAL ELECTRIC CO CALL OPT JAN01 2 3696079A6 78 1500 SH CALL SOLE 1 0 0 1500
GENERAL MTRS CORP CL H CALL H JAN01 8 3704419A7 1561 16000 SH CALL SOLE 1 0 0 16000
GENERAL MTRS CORP COMMON 370442105 1240 21358 SH SOLE 1 1100 0 20258
GENERAL MTRS CL H CL H NEW 370442832 1611 18360 SH SOLE 1 0 0 18360
GEORGIA PAC CORP COM GA PAC GRP 373298108 74 2800 SH SOLE 1 0 0 2800
GEORGIA PAC CORP PEPS UNITS 373298801 13 400 SOLE 1 0 0 400
GILLETTE CO COMMON 375766102 1801 51561 SH SOLE 1 0 0 51561
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
GLAXO WELLCOME PLC DEPOSITORY RECEI 37733W105 93 1600 SH SOLE 1 0 0 1600
GLOBAL MARINE INC COMMON 379352404 41 1450 SH SOLE 1 0 0 1450
GLOBO CABO S A DEPOSITORY RECEI 37957X102 87 6300 SH SOLE 1 0 0 6300
GOLDMAN SACHS GROUP INC COMMON 38141G104 586 6175 SH SOLE 1 0 0 6175
GROUPE DANONE DEPOSITORY RECEI 399449107 121 4500 SH SOLE 1 0 0 4500
GROVE PPTY TR SH BEN INT 399613108 81 5000 SH SOLE 1 0 0 5000
GRUPO IUSACELL S A DE C DEPOSITORY RECEI 40050B100 717 45900 SH SOLE 1 0 0 45900
HALLIBURTON CO COMMON 406216101 368 7800 SH SOLE 1 0 0 7800
HARCOURT GEN INC COMMON 41163G101 35 650 SH SOLE 1 0 0 650
HARLEY DAVIDSON INC COMMON 412822108 62 1600 SH SOLE 1 0 0 1600
HARTFORD FINL SVCS GROUP COMMON 416515104 56 1000 SH SOLE 1 0 0 1000
HAWAIIAN ELEC INDUSTRIES COMMON 419870100 28 850 SH SOLE 1 0 0 850
HERSHEY FOODS CORP COMMON 427866108 39 800 SH SOLE 1 0 0 800
HEWLETT PACKARD CO COMMON 428236103 1340 10734 SH SOLE 1 1000 0 9734
HOME DEPOT INC COMMON 437076102 1819 36428 SH SOLE 1 1100 0 35328
HONEYWELL INTL INC COMMON 438516106 868 25777 SH SOLE 1 1000 0 24777
HOWARD SAVINGS COMMON 442765103 1 4000 SH SOLE 1 0 0 4000
HSBC BK PLC DEPOSITORY RECEI 44328M302 9 400 SH SOLE 1 0 0 400
HUBBELL INC CL.B CL B 443510201 10 400 SH SOLE 1 0 0 400
HUMAN GENOME SCIENCES IN COMMON 444903108 13 100 SH SOLE 1 0 0 100
IDEC PHARMACEUTICALS COR COMMON 449370105 57 490 SH SOLE 1 0 0 490
IRT PPTY CO COMMON 450058102 8 900 SH SOLE 1 0 0 900
INTERNATIONAL BUS MACH CALL OPT JAN02 8 4502049A2 37 300 SH CALL SOLE 1 0 0 300
IXL ENTERPRISES INC COMMON 450718101 6 400 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 748 15123 SH SOLE 1 0 0 15123
IMPATH INC COMMON 45255G101 129 2375 SH SOLE 1 0 0 2375
IMPERIAL CHEM INDS PLC DEPOSITORY RECEI 452704505 12 400 SH SOLE 1 0 0 400
INDUSTRIAL DEV BK ISRAEL PFD SER DD 7.50% 456056878 0 1 SOLE 1 0 0 1
INFINITY BROADCASTING CP CL A 45662S102 321 8800 SH SOLE 1 0 0 8800
ING GROEP N V DEPOSITORY RECEI 456837103 122 1804 SH SOLE 1 0 0 1804
INGERSOLL-RAND CO COMMON 456866102 6 150 SH SOLE 1 0 0 150
INHALE THERAPEUTIC SYS I COMMON 457191104 10 100 SH SOLE 1 0 0 100
INKINE PHARMACEUTICALS I COMMON 457214104 5 1000 SH SOLE 1 0 0 1000
INKTOMI CORP COMMON 457277101 254 2150 SH SOLE 1 0 0 2150
INTEL CORP COMMON 458140100 12965 96983 SH SOLE 1 1000 0 95983
INTEL CORP CALL OPT JAN 7 458140100 67 500 SH CALL SOLE 1 0 0 500
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
INTEL CORP CALL OPT JAN02 9 45814G9A5 1268 8500 SH CALL SOLE 1 0 0 8500
INTERNAP NETWORK SVCS CO COMMON 45885A102 42 1000 SH SOLE 1 0 0 1000
INTERNATIONAL BUSINESS M COMMON 459200101 11001 100408 SH SOLE 1 1100 0 99308
INTERNATIONAL BUS MACH CALL OPT JAN 8 459200101 1205 11000 SH CALL SOLE 1 0 0 11000
INTERNATIONAL FLAVORS&FR COMMON 459506101 39 1300 SH SOLE 1 0 0 1300
CISCO SYSTEMS INC CALL OPT JAN 4 45999W9A7 537 8000 SH CALL SOLE 1 0 0 8000
INTL PAPER CO COMMON 460146103 243 8150 SH SOLE 1 1050 0 7100
INTERNET INITIATIVE JAPA DEPOSITORY RECEI 46059T109 258 4350 SH SOLE 1 0 0 4350
INTERPUBLIC GROUP COS IN COMMON 460690100 9 200 SH SOLE 1 0 0 200
ISIS PHARMACEUTICALS INC COMMON 464330109 15 1000 SH SOLE 1 0 0 1000
JDS UNIPHASE CORP COMMON 46612J101 1668 13917 SH SOLE 1 0 0 13917
JNI CORP COMMON 46622G105 95 3000 SH SOLE 1 0 0 3000
JABIL CIRCUIT INC COMMON 466313103 712 14350 SH SOLE 1 1200 0 13150
JEFFERSON PILOT CORP COMMON 475070108 40 700 SH SOLE 1 0 0 700
JOHNSON & JOHNSON COMMON 478160104 6165 60516 SH SOLE 1 1100 0 59416
JOHNSON & JOHNSON CALL OPT JAN 5 478160104 1019 10000 SH CALL SOLE 1 0 0 10000
JOHNSON CTLS INC COMMON 478366107 177 3450 SH SOLE 1 0 0 3450
JUNIPER NETWORKS INC COMMON 48203R104 524 3600 SH SOLE 1 0 0 3600
KANA COMMUNICATIONS COMMON 483600102 0 7 SH SOLE 1 0 0 7
KANSAS CITY PWR & LT CO COMMON 485134100 45 2000 SH SOLE 1 0 0 2000
KERR MCGEE CORP COMMON 492386107 18 300 SH SOLE 1 0 0 300
KEYSPAN CORP COMMON 49337W100 351 11400 SH SOLE 1 0 0 11400
KIMBERLY CLARK CORP COMMON 494368103 647 11272 SH SOLE 1 0 0 11272
KIMCO REALTY CORP COMMON 49446R109 4 100 SH SOLE 1 0 0 100
KNIGHT RIDDER INC COMMON 499040103 53 1000 SH SOLE 1 0 0 1000
KNIGHT TRADING GROUP INC COMMON 499068104 9 300 SH SOLE 1 0 0 300
KONINKLIJKE AHOLD N V DEPOSITORY RECEI 500467303 3 106 SH SOLE 1 0 0 106
KONINKLIJKE PHILIPS ELEC DEPOSITORY RECEI 500472204 6947 146242 SH SOLE 1 0 0 146242
KOREA TELECOM DEPOSITORY RECEI 50063P103 17 350 SH SOLE 1 0 0 350
KYOCERA CORP DEPOSITORY RECEI 501556203 9 50 SH SOLE 1 0 0 50
L OREAL CO DEPOSITORY RECEI 502117203 87 500 SH SOLE 1 0 0 500
LSI LOGIC CORP COMMON 502161102 70 1300 SH SOLE 1 0 0 1300
LSI LOGIC CORP CALL OPT JAN 3 502161102 541 10000 SH CALL SOLE 1 0 0 10000
JUNIPER NETWORKS INC CALL OPT OCT 6 51199W9J4 148 1000 SH CALL SOLE 1 0 0 1000
LATTICE SEMICONDUCTOR CO COMMON 518415104 10 150 SH SOLE 1 0 0 150
LAUDER ESTEE AUTOMATIC C TRACES 6.2% EL 518437207 376 4450 SOLE 1 0 0 4450
LAUDER ESTEE COS INC CL A 518439104 180 3650 SH SOLE 1 0 0 3650
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
LEVEL 3 COMMUNICATIONS I COMMON 52729N100 55 625 SH SOLE 1 0 0 625
LEXMARK INTL GROUP INC CL A 529771107 999 14850 SH SOLE 1 0 0 14850
LIBERTY PPTY TR SH BEN INT 531172104 16 600 SH SOLE 1 0 0 600
LILLY ELI & CO COMMON 532457108 1637 16390 SH SOLE 1 0 0 16390
LINENS N THINGS INC COMMON 535679104 1 50 SH SOLE 1 0 0 50
LITTLEFIELD CORP COMMON 537590101 2 1000 SH SOLE 1 0 0 1000
LITTON INDS INC COMMON 538021106 11 250 SH SOLE 1 0 0 250
LOCKHEED MARTIN CORP COMMON 539830109 17 700 SH SOLE 1 0 0 700
LODGIAN INC COMMON 54021P106 2 1000 SH SOLE 1 0 0 1000
LOWES COS INC COMMON 548661107 12 300 SH SOLE 1 0 0 300
LUCENT TECHNOLOGIES INC COMMON 549463107 3782 63832 SH SOLE 1 0 0 63832
MBIA INC COMMON 55262C100 7 140 SH SOLE 1 0 0 140
MCI CAP I PFD QUIPS A 55267Y206 19 800 SOLE 1 0 0 800
MEPC INTL CAP L P QUIPS 9.125%05 55271M206 40 2000 SOLE 1 0 0 2000
MACK CALI RLTY CORP COMMON 554489104 149 5800 SH SOLE 1 0 0 5800
MANNING GREG AUCTIONS IN COMMON 563823103 11 1000 SH SOLE 1 0 0 1000
MANUGISTICS GROUP INC COMMON 565011103 133 2850 SH SOLE 1 0 0 2850
MARCONI PLC DEPOSITORY RECEI 566306106 338 26000 SH SOLE 1 0 0 26000
BROADCOM CORP CALL OPT JAN 9 56899W9A5 552 2500 SH CALL SOLE 1 0 0 2500
MARSH & MCLENNAN COS INC COMMON 571748102 164 1575 SH SOLE 1 0 0 1575
MARTHA STEWART LIVING OM CL A 573083102 9 400 SH SOLE 1 0 0 400
MATTEL INC COMMON 577081102 7 500 SH SOLE 1 0 0 500
MCDONALDS CORP COMMON 580135101 1088 33025 SH SOLE 1 1100 0 31925
MCGRAW HILL COS INC COMMON 580645109 11 200 SH SOLE 1 0 0 200
MEDAREX INC COMMON 583916101 25 300 SH SOLE 1 0 0 300
MEDIAONE GROUP INC COMMON 58440J104 7 100 SH SOLE 1 0 0 100
MEDICAL MANAGER CORP NEW COMMON 58461U103 19 550 SH SOLE 1 0 0 550
MEDIMMUNE INC COMMON 584699102 22 300 SH SOLE 1 0 0 300
MEDTRONIC INC COMMON 585055106 2079 41736 SH SOLE 1 0 0 41736
MELLON FINL CORP COMMON 58551A108 36 1000 SH SOLE 1 0 0 1000
MERCK & CO INC COMMON 589331107 6047 78911 SH SOLE 1 1000 0 77911
MERRILL LYNCH PFD CAP TR TOPRS 7% 59021F206 41 2000 SOLE 1 0 0 2000
METROMEDIA FIBER NETWORK CL A 591689104 48 1200 SH SOLE 1 0 0 1200
MICROSOFT CORP COMMON 594918104 7788 97348 SH SOLE 1 1100 0 96248
MID-AMER APT CMNTYS INC COMMON 59522J103 272 11350 SH SOLE 1 0 0 11350
MIIX GROUP INC COMMON 59862V104 10 800 SH SOLE 1 0 0 800
MILLENNIUM PHARMACEUTICA COMMON 599902103 151 1350 SH SOLE 1 0 0 1350
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MINNESOTA MNG & MFG CO COMMON 604059105 1313 15920 SH SOLE 1 1000 0 14920
MOLEX INC COMMON 608554101 75 1550 SH SOLE 1 0 0 1550
MONTANA POWER CO COMMON 612085100 67 1900 SH SOLE 1 0 0 1900
MORGAN J P & CO INC COMMON 616880100 2201 19990 SH SOLE 1 1000 0 18990
MORGAN STANLEY DEAN WITT PERQS SUNW2001 617446240 18 2000 SOLE 1 0 0 2000
MORGAN STANLEY DEAN WITT COM NEW 617446448 283 3400 SH SOLE 1 0 0 3400
MORGAN STAN DEAN WITTR CALL OPT JAN01 4 617446109 272 4000 SH CALL SOLE 1 0 0 4000
MOTOROLA INC COMMON 620076109 2048 70465 SH SOLE 1 0 0 70465
MOTOROLA INC CALL OPT JAN02 2 62008C9A5 55 1500 SH CALL SOLE 1 0 0 1500
NEC CORP DEPOSITORY RECEI 629050204 71 450 SH SOLE 1 0 0 450
NASDAQ 100 TR UNIT SER 1 631100104 308 3310 SH SOLE 1 1500 0 1810
NATIONAL FUEL GAS CO N J COMMON 636180101 10 200 SH SOLE 1 0 0 200
NETWORKS ASSOCS INC COMMON 640938106 6 300 SH SOLE 1 0 0 300
NESTLE S A DEPOSITORY RECEI 641069406 1621 16150 SH SOLE 1 0 0 16150
NETWORK APPLIANCE INC COMMON 64120L104 388 4825 SH SOLE 1 0 0 4825
NEW JERSEY ECONOMIC DEV INCM BD 7.6% 29 645915208 211 8800 SOLE 1 0 0 8800
NEW YORK TIMES CO CL A 650111107 97 2450 SH SOLE 1 0 0 2450
NEWELL RUBBERMAID INC COMMON 651229106 81 3153 SH SOLE 1 0 0 3153
INTEL CORP CALL OPT JAN02 7 65248L9A8 72 500 SH CALL SOLE 1 0 0 500
NEXTEL COMMUNICATIONS IN CL A 65332V103 80 1300 SH SOLE 1 0 0 1300
NEXTEL COMMUNICATIONS CALL OPT JAN01 2 65332V103 1469 24000 SH CALL SOLE 1 0 0 24000
NEXTLINK COMMUNICATIONS CL A 65333H707 4807 126700 SH SOLE 1 0 0 126700
NIPPON TELEG & TEL CORP DEPOSITORY RECEI 654624105 342 5000 SH SOLE 1 0 0 5000
NISOURCE INC COMMON 65473P105 22 1197 SH SOLE 1 0 0 1197
NOKIA CORP DEPOSITORY RECEI 654902204 2064 41330 SH SOLE 1 0 0 41330
NOKIA CORP CALL OPT JAN02 3 6549129A4 548 10000 SH CALL SOLE 1 0 0 10000
NORTEL NETWORKS CORP NEW COMMON 656568102 33 480 SH SOLE 1 0 0 480
NORTEL NETWORKS CORP CALL OPT JAN02 3 66581E9A7 371 5000 SH CALL SOLE 1 0 0 5000
NORTHROP GRUMMAN CORP COMMON 666807102 20 300 SH SOLE 1 0 0 300
NORTHWEST NAT GAS CO COMMON 667655104 17 750 SH SOLE 1 0 0 750
NOVARTIS A G DEPOSITORY RECEI 66987V109 92 2312 SH SOLE 1 0 0 2312
NOVO-NORDISK A S DEPOSITORY RECEI 670100205 34 400 SH SOLE 1 0 0 400
ONE VALLEY BANCORP INC COMMON 682419106 66 2108 SH SOLE 1 0 0 2108
ORACLE CORP COMMON 68389X105 1617 19235 SH SOLE 1 1200 0 18035
ORACLE CORP CALL OPT JAN01 3 6839649A0 1184 14000 SH CALL SOLE 1 0 0 14000
OTTER TAIL PWR CO COMMON 689648103 29 1400 SH SOLE 1 0 0 1400
PE CORP BIO GRP COMMON 69332S102 198 3000 SH SOLE 1 0 0 3000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PE CORP CELAERA GEN CELERA GEN GRP 69332S201 32 350 SH SOLE 1 0 0 350
PNC FINL SVCS GROUP INC COMMON 693475105 52 1100 SH SOLE 1 0 0 1100
PPG INDS INC COMMON 693506107 35 800 SH SOLE 1 0 0 800
PSE&G CAP TR I QUIPS A 8.625% 693941205 12 500 SOLE 1 0 0 500
PACTIV CORP COMMON 695257105 3 405 SH SOLE 1 0 0 405
PALM INC COMMON 696642107 13 400 SH SOLE 1 0 0 400
PAMRAPO BANCORP INC COMMON 697738102 77 4000 SH SOLE 1 0 0 4000
PENNFED CAP TR I PFD TR SECS % 708166202 15 675 SOLE 1 0 0 675
PEOPLESOFT INC COMMON 712713106 230 13750 SH SOLE 1 0 0 13750
PEPSICO INC COMMON 713448108 482 10850 SH SOLE 1 0 0 10850
PEREGRINE SYSTEMS INC COMMON 71366Q101 82 2378 SH SOLE 1 0 0 2378
PET QUARTERS INC COMMON 715844106 2 1500 SH SOLE 1 0 0 1500
PETROLEUM GEO-SVCS A/S DEPOSITORY RECEI 716597109 113 6595 SH SOLE 1 0 0 6595
PFIZER INC COMMON 717081103 2860 59591 SH SOLE 1 0 0 59591
PHARMACIA CORP COMMON 71713U102 62 1205 SH SOLE 1 0 0 1205
PHILIP MORRIS COS INC COMMON 718154107 76 2850 SH SOLE 1 1100 0 1750
PHILLIPS PETE CO COMMON 718507106 84 1650 SH SOLE 1 0 0 1650
PHONE COM INC COMMON 71920Q100 21 330 SH SOLE 1 0 0 330
PITNEY BOWES INC COMMON 724479100 119 2975 SH SOLE 1 0 0 2975
PLUM CREEK TIMBER CO INC COMMON 729251108 57 2200 SH SOLE 1 0 0 2200
POLARIS INDS INC COMMON 731068102 19 600 SH SOLE 1 0 0 600
POLAROID CORP COMMON 731095105 5 300 SH SOLE 1 0 0 300
PORTUGAL TELECOM S A DEPOSITORY RECEI 737273102 256 22750 SH SOLE 1 0 0 22750
POST PPTYS INC COMMON 737464107 31 700 SH SOLE 1 0 0 700
POTOMAC ELEC PWR CO COMMON 737679100 20 800 SH SOLE 1 0 0 800
POWERTEL INC COMMON 73936C109 326 4600 SH SOLE 1 0 0 4600
PRESIDENTIAL LIFE CORP COMMON 740884101 4 300 SH SOLE 1 0 0 300
PRICELINE COM INC COMMON 741503106 8 200 SH SOLE 1 0 0 200
PROCTER & GAMBLE CO COMMON 742718109 3547 61962 SH SOLE 1 1000 0 60962
PROGENICS PHARMACEUTICAL COMMON 743187106 44 3100 SH SOLE 1 0 0 3100
PROGRESSIVE CORP OHIO COMMON 743315103 4 50 SH SOLE 1 0 0 50
PROVIDENCE ENERGY CORP COMMON 743743106 0 10 SH SOLE 1 0 0 10
PROVIDIAN FINL CORP COMMON 74406A102 198 2200 SH SOLE 1 0 0 2200
PUBLIC SVC ENTERPRISE GR COMMON 744573106 216 6250 SH SOLE 1 0 0 6250
PUMA TECHNOLOGY INC COMMON 745887109 7 250 SH SOLE 1 0 0 250
PURCHASEPRO COM COMMON 746144104 187 4550 SH SOLE 1 0 0 4550
QLT INC COMMON 746927102 15 200 SH SOLE 1 0 0 200
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
QLOGIC CORP COMMON 747277101 580 8775 SH SOLE 1 0 0 8775
QUAKER OATS CO COMMON 747402105 15 200 SH SOLE 1 0 0 200
QUALCOMM INC COMMON 747525103 415 6918 SH SOLE 1 0 0 6918
QUEST SOFTWARE INC COMMON 74834T103 33 600 SH SOLE 1 0 0 600
QUESTAR CORP COMMON 748356102 9 480 SH SOLE 1 0 0 480
QWEST COMMUNICATIONS INT COMMON 749121109 40 800 SH SOLE 1 0 0 800
RGC RES INC COMMON 74955L103 7 400 SH SOLE 1 0 0 400
RAMBUS INC DEL COMMON 750917106 12 120 SH SOLE 1 0 0 120
REDBACK NETWORKS INC COMMON 757209101 251 1400 SH SOLE 1 0 0 1400
RELIANT ENERGY INC COMMON 75952J108 105 3550 SH SOLE 1 0 0 3550
RESEARCH IN MOTION LTD COMMON 760975102 5 100 SH SOLE 1 0 0 100
REUTERS GROUP PLC DEPOSITORY RECEI 76132M102 568 5680 SH SOLE 1 0 0 5680
RHODIA DEPOSITORY RECEI 762397107 17 1000 SH SOLE 1 0 0 1000
RIGGS NATL CORP WASH DC COMMON 766570105 76 6000 SH SOLE 1 0 0 6000
ROCHE HLDG LTD DEPOSITORY RECEI 771195104 24 250 SH SOLE 1 0 0 250
ROCKWELL INTL CORP NEW COMMON 773903109 6 200 SH SOLE 1 0 0 200
ROGERS CANTEL MOBILE COM CL B RSTRG VTG 775102205 3 100 SH SOLE 1 0 0 100
ROYAL DUTCH PETE CO DEPOSITORY RECEI 780257804 1104 17932 SH SOLE 1 0 0 17932
ROYAL PTT NEDERLAND N V DEPOSITORY RECEI 780641205 18 400 SH SOLE 1 0 0 400
RURAL CELLULAR CORP CL A 781904107 341 4450 SH SOLE 1 0 0 4450
SUN MICROSYSTEMS INC CALL OPT JAN02 6 78199W9A6 41 400 SH CALL SOLE 1 0 0 400
SBC COMMUNICATIONS INC COMMON 78387G103 674 15589 SH SOLE 1 1000 0 14589
SDL INC COMMON 784076101 134 470 SH SOLE 1 0 0 470
SPDR TR UNIT SER 1 78462F103 543 3735 SH SOLE 1 0 0 3735
SAFEGUARD SCIENTIFICS IN COMMON 786449108 10 300 SH SOLE 1 0 0 300
ST JUDE MED INC COMMON 790849103 395 8600 SH SOLE 1 0 0 8600
ST PAUL COS INC COMMON 792860108 10 306 SH SOLE 1 0 0 306
RAMBUS INC CALL OPT JAN02 4 7D899W9A8 171 1500 SH CALL SOLE 1 0 0 1500
INKTOMI CORP CALL OPT JAN 7 80299W9A1 1392 11000 SH CALL SOLE 1 0 0 11000
SCHERING PLOUGH CORP COMMON 806605101 4381 86745 SH SOLE 1 0 0 86745
SCHLUMBERGER LTD COMMON 806857108 2307 30921 SH SOLE 1 0 0 30921
SCHLUMBERGER LTD CALL OPT JAN01 5 806857108 1045 14000 SH CALL SOLE 1 0 0 14000
SCIENTIFIC ATLANTA INC COMMON 808655104 75 1000 SH SOLE 1 0 0 1000
SEALED AIR CORP NEW COMMON 81211K100 5 100 SH SOLE 1 0 0 100
SECTOR SPDR TR SBI BASIC INDS 81369Y100 1 50 SH SOLE 1 0 0 50
SECTOR SPDR TR SBI INT-TECH 81369Y803 24 450 SH SOLE 1 0 0 450
SHELL CDA LTD COMMON 822567103 89 3950 SH SOLE 1 0 0 3950
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SHELL TRANS & TRADING PL DEPOSITORY RECEI 822703609 934 18700 SH SOLE 1 0 0 18700
SHERWIN WILLIAMS CO COMMON 824348106 2 84 SH SOLE 1 0 0 84
SIDEWARE SYSTEMS INC COMMON 825907108 2 500 SH SOLE 1 0 0 500
SIEMENS A G DEPOSITORY RECEI 826197402 2351 15575 SH SOLE 1 0 0 15575
SIRIUS SATELLITE RADIO I COMMON 82966U103 27 600 SH SOLE 1 0 0 600
SMITHKLINE BEECHAM PLC DEPOSITORY RECEI 832378301 610 9352 SH SOLE 1 0 0 9352
SOLECTRON CORP COMMON 834182107 1431 34175 SH SOLE 1 0 0 34175
SONICWALL INC COMMON 835470105 24 275 SH SOLE 1 0 0 275
SONOSITE INC COMMON 83568G104 6 200 SH SOLE 1 0 0 200
SONY CORP DEPOSITORY RECEI 835699307 915 9700 SH SOLE 1 0 0 9700
SOUTHERN UN CO NEW COMMON 844030106 2 110 SH SOLE 1 0 0 110
SOUTHWEST AIRLS CO COMMON 844741108 14 750 SH SOLE 1 0 0 750
SOUTHWEST GAS CORP COMMON 844895102 4 200 SH SOLE 1 0 0 200
SPRINT CORP COM FON GROUP 852061100 643 12600 SH SOLE 1 0 0 12600
PCS SPRINT CORP PCS COM SER 1 852061506 887 14900 SH SOLE 1 0 0 14900
STAPLES INC COMMON 855030102 3 200 SH SOLE 1 0 0 200
STATE STR CORP COMMON 857477103 212 2000 SH SOLE 1 0 0 2000
STMICROELECTRONICS N V COMMON 861012102 1056 16450 SH SOLE 1 0 0 16450
STRYKER CORP COMMON 863667101 26 600 SH SOLE 1 0 0 600
SUMMIT BANCORP COMMON 866005101 96 3904 SH SOLE 1 0 0 3904
SUMMIT PPTYS INC COMMON 866239106 8 400 SH SOLE 1 0 0 400
SUN MICROSYSTEMS INC COMMON 866810104 14145 155545 SH SOLE 1 1000 0 154545
SUN MICROSYSTEMS INC CALL OPT JAN 4 8668100R6 0 5000 SH CALL SOLE 1 0 0 5000
SWISSCOM AG DEPOSITORY RECEI 871013108 11 300 SH SOLE 1 0 0 300
SYMBOL TECHNOLOGIES INC COMMON 871508107 28 525 SH SOLE 1 0 0 525
SYNOPSYS INC COMMON 871607107 3 100 SH SOLE 1 0 0 100
TXU CORP COMMON 873168108 10 350 SH SOLE 1 0 0 350
TARGET CORP COMMON 8.76E+110 416 7175 SH SOLE 1 0 0 7175
TELECOM ITALIA SPA DEPOSITORY RECEI 87927W106 76 550 SH SOLE 1 0 0 550
TELEFONICA S A DEPOSITORY RECEI 879382208 117 1825 SH SOLE 1 0 0 1825
TELIGENT INC CL A 87959Y103 1101 46600 SH SOLE 1 0 0 46600
TELLABS INC COMMON 879664100 219 3200 SH SOLE 1 0 0 3200
TENNECO AUTOMOTIVE INC COMMON 8.80E+105 0 81 SH SOLE 1 0 0 81
TENNESSEE VALLEY AUTH PARRS D 2028 880591300 218 10000 SOLE 1 0 0 10000
TERADYNE INC COMMON 880770102 323 4400 SH SOLE 1 0 0 4400
TERADYNE INC CALL OPT OCT 6 880770102 368 5000 SH CALL SOLE 1 0 0 5000
SUN MICROSYSTEMS INC CALL OPT JAN 5 88099W9A6 376 4000 SH CALL SOLE 1 0 0 4000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TESSA COMPLETE HEALTH CA COMMON 881611107 1 2000 SH SOLE 1 0 0 2000
TEXACO INC COMMON 881694103 727 13652 SH SOLE 1 0 0 13652
TEXAS INSTRS INC COMMON 882508104 5430 79050 SH SOLE 1 0 0 79050
TEXTRON INC COMMON 883203101 183 3370 SH SOLE 1 0 0 3370
THERMO ELECTRON CORP COMMON 883556102 21 1000 SH SOLE 1 0 0 1000
3COM CORP COMMON 885535104 120 2075 SH SOLE 1 0 0 2075
3COM CORP CALL OPT JAN 2 885535104 576 10000 SH CALL SOLE 1 0 0 10000
TIFFANY & CO NEW COMMON 886547108 7 100 SH SOLE 1 0 0 100
TIME WARNER INC COMMON 887315109 2780 36576 SH SOLE 1 0 0 36576
TIME WARNER CAP I PFD TR 8.875% 88731G204 19 800 SOLE 1 0 0 800
TIMES MIRROR CO NEW COM SER A 887364107 9 100 SH SOLE 1 0 0 100
TOOTSIE ROLL INDS INC COMMON 890516107 71 2018 SH SOLE 1 0 0 2018
TORONTO DOMINION BK ONT COM NEW 891160509 27 1100 SH SOLE 1 0 0 1100
TOYS R US INC COMMON 892335100 29 2000 SH SOLE 1 0 0 2000
TRANSCANADA PIPELINES LT PFD 8.25% 2047 893526723 9 400 SOLE 1 0 0 400
TRAVELERS P&C CAP I PFD TR 8.08% 893931204 124 5400 SOLE 1 0 0 5400
TRICON GLOBAL RESTAURANT COMMON 895953107 7 240 SH SOLE 1 0 0 240
TRIBUNE CO NEW COMMON 896047107 63 1800 SH SOLE 1 0 0 1800
TYCO INTL LTD NEW COMMON 902124106 843 17785 SH SOLE 1 0 0 17785
USX MARATHON GROUP COM NEW 902905827 31 1250 SH SOLE 1 0 0 1250
USA NETWORKS INC COMMON 902984103 128 5900 SH SOLE 1 0 0 5900
US ONCOLOGY INC COMMON 90338W103 5 1000 SH SOLE 1 0 0 1000
UNILEVER PLC DEPOSITORY RECEI 904767704 173 6903 SH SOLE 1 0 0 6903
UNITED DOMINION REALTY T COMMON 910197102 3 250 SH SOLE 1 0 0 250
UNITED PAN-EUROPE COMMUN DEPOSITORY RECEI 911300200 226 8375 SH SOLE 1 0 0 8375
UNITED PARCEL SERVICE IN CL B 911312106 124 2100 SH SOLE 1 0 0 2100
UNITED STATES CELLULAR C COMMON 911684108 5141 81610 SH SOLE 1 0 0 81610
UNITED STATES CELLULAR C NOTE 6/1 911684AA6 60 100000 PRN SOLE 1 0 0 100000
U S WEST INC NEW COMMON 91273H101 110 1288 SH SOLE 1 0 0 1288
UNITED TECHNOLOGIES CORP COMMON 913017109 1390 23605 SH SOLE 1 1000 0 22605
UNITEDHEALTH GROUP INC COMMON 91324P102 43 500 SH SOLE 1 0 0 500
UNITRIN INC COMMON 913275103 29 1000 SH SOLE 1 0 0 1000
UNIVISION COMMUNICATIONS CL A 914906102 497 4800 SH SOLE 1 0 0 4800
UNOCAL CORP COMMON 915289102 3 100 SH SOLE 1 0 0 100
UTSTARCOM INC COMMON 918076100 33 1100 SH SOLE 1 0 0 1100
VALASSIS COMMUNICATIONS COMMON 918866104 9 225 SH SOLE 1 0 0 225
VALLEY NATL BANCORP COMMON 919794107 27 1102 SH SOLE 1 0 0 1102
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
VERITAS SOFTWARE CO COMMON 923436109 397 3517 SH SOLE 1 0 0 3517
VERISIGN INC COMMON 9.23E+106 838 4750 SH SOLE 1 0 0 4750
VIACOM INC CLASS A CL A 925524100 7 100 SH SOLE 1 0 0 100
VIACOM INC CLASS B CL B 925524308 701 10277 SH SOLE 1 0 0 10277
VICON INDS INC COMMON 925811101 0 100 SH SOLE 1 0 0 100
VITESSE SEMICONDUCTOR CO COMMON 928497106 66 900 SH SOLE 1 0 0 900
VIVENDI DEPOSITORY RECEI 92851S105 94 5300 SH SOLE 1 0 0 5300
VODAFONE AIRTOUCH PLC DEPOSITORY RECEI 92857T107 918 22160 SH SOLE 1 0 0 22160
VOICESTREAM WIRELESS COR COMMON 928615103 2809 24150 SH SOLE 1 0 0 24150
VORNADO RLTY TR SH BEN INT 929042109 14 400 SH SOLE 1 0 0 400
WACHOVIA CORP COMMON 929771103 16 300 SH SOLE 1 0 0 300
WAL MART STORES INC COMMON 931142103 1104 19150 SH SOLE 1 1100 0 18050
WALGREEN CO COMMON 931422109 55 1700 SH SOLE 1 0 0 1700
WARNER LAMBERT CO COMMON 934488107 441 3400 SH SOLE 1 0 0 3400
YAHOO INC CALL OPT JAN 8 93599W9A1 1174 9000 SH CALL SOLE 1 0 0 9000
WASHINGTON MUT INC COMMON 939322103 32 1100 SH SOLE 1 0 0 1100
WATSON PHARMACEUTICALS I COMMON 942683103 48 900 SH SOLE 1 0 0 900
WEINGARTEN RLTY INVS PFD A 7.44% 948741202 4 200 SOLE 1 0 0 200
WELLS FARGO & CO NEW COMMON 949746101 171 4402 SH SOLE 1 0 0 4402
WESTERN WIRELESS CORP CL A 9.60E+208 8 150 SH SOLE 1 0 0 150
WEYERHAEUSER CO COMMON 962166104 52 1200 SH SOLE 1 0 0 1200
WHIRLPOOL CORP COMMON 963320106 5 100 SH SOLE 1 0 0 100
WILLIAMS COMMUNICATIONS CL A 969455104 118 3550 SH SOLE 1 0 0 3550
WILLIAMS COS INC DEL COMMON 969457100 354 8498 SH SOLE 1 0 0 8498
WORLDCOM INC GA NEW COMMON 98157D106 1327 28920 SH SOLE 1 0 0 28920
XM SATELLITE RADIO HLDGS CL A 983759101 51 1350 SH SOLE 1 0 0 1350
XILINX INC COMMON 983919101 33 400 SH SOLE 1 0 0 400
XEROX CORP COMMON 984121103 20 950 SH SOLE 1 0 0 950
YAHOO INC COMMON 984332106 984 7945 SH SOLE 1 0 0 7945
YOUNG & RUBICAM INC COMMON 987425105 17 300 SH SOLE 1 0 0 300
LERNOUT & HAUSPIE SPEECH COMMON B5628B104 1536 34850 SH SOLE 1 0 0 34850
DAIMLERCHRYSLER AG ORD D1668R123 56 1072 SH SOLE 1 0 0 1072
AUTONOMY AUTONOMY G0669T101 54 500 SH SOLE 1 0 0 500
BSCH FINANCE LTD PREF G 8.125% G16547161 132 6000 SOLE 1 0 0 6000
ESPIRITO SANTO OVERSEAS PREF A 8.5% G3122A107 12 500 SOLE 1 0 0 500
GLOBAL CROSSING LTD COMMON G3921A100 6 233 SH SOLE 1 0 0 233
GLOBALSTAR TELECOMMUNICT COMMON G3930H104 2 250 SH SOLE 1 0 0 250
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------- ---------------- --------- -------- ------------------ ---------- -------- --------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
KNIGHTSBRIDGE TANKERS LT ORD G5299G106 52 2600 SH SOLE 1 0 0 2600
PARTNERRE LTD PFD SER A 8% G6852T113 8 350 SOLE 1 0 0 350
RSL COMMUNICATIONS LTD CL A G7702U102 19 1700 SH SOLE 1 0 0 1700
SANTANDER FINANCE PREF. SE G7804A160 43 1600 SOLE 1 0 0 1600
TRANSOCEAN SEDCO FOREX I ORD G90078109 350 6546 SH SOLE 1 0 0 6546
MILLICOM INTL CELLULAR S ORD L6388F102 14 400 SH SOLE 1 0 0 400
ASM LITHOGRAPHY HLDG N V DEPOSITORY RECEI N07059111 569 12900 SH SOLE 1 0 0 12900
LIBERTEL N.V. ADR N52519100 15 1000 SH SOLE 1 0 0 1000
FLEXTRONICS INTL LTD ORD Y2573F102 1030 15000 SH SOLE 1 0 0 15000
PACIFIC CENT CYBERWORKS PACIFIC CENT CYB Y6801N100 1 400 SH SOLE 1 0 0 400
</TABLE>
