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UNITED STATES
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SECURITIES AND EXCHANGE COMMISSION
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Washington, D.C. 20549
SEC USE ONLY
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended
September 30
,19
99
.
(Please read instructions before preparing form.)
If amended report check here:
0
David Vaughan Investments, Inc
Name of Institutional Investment Manager
?
5823 N. Forest Park Drive
Peoria
IL
61614
1????
????
????
?
Business Address (Street) (City) (State) (Zip)
2
Lawrence Williams IV, 309-685-0033, Senior Vice President
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
ATTENTION
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained herein is true, correct and complete. It is understood
that all 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 its behalf in the City of Peoria and State of Illinois
on the 15th day of November 1999.
David Vaughan Investments, Inc.
(Name of Institutional Investment Manager)
Lawrence Williams IV
(Manual Signature of Person Duly Authorized
to Submit This Report)
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):
(List in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name:
13F File No.:
?
Name:
13F File No.: ?
1.
3
6.
3
2.
7.
3.
8.
4.
9.
5.
10
(SEC USE ONLY)
Name of Reporting Manager David Vaughan Investments, Inc.
|
|
Item 6:
Item 5:
Investment Discretion
Item 8:
Item 3:
Item 4:
Shares of
(b) Shared-
Item 7:
Voting Authority (Shares)
Item 1:
Item 2:
CUSIP
Fair Market
Principal
As Defined
(c) Shared-
Managers
Name of Issuer
Title of Class
Number
Value
Amount
(a) Sole
in Instr. V
Other
See Instr. V
(a) Sole
(b) Shared
(c) None
A T & T CORP
Common Stk
00206J 10 0
3,712,769
85,351
85,351
68,719
16,632
ABBOTT LABORATORIES
Common Stk
002824 10 0
7,286,945
198,622
198,622
169,834
28,788
AETNA INC
Common Stk
008117 10 3
492,008
9,990
9,990
6,490
3,500
AGL RESOURCES
Common Stk
001204 10 6
3,007,063
185,050
185,050
159,653
25,397
ALBERTSONS INC
Common Stk
013104 10 4
737,841
18,650
18,650
17,650
1,000
ALCAN ALUMINUM LTD
Common Stk
013716 10 5
425,000
13,600
13,600
12,600
1,000
ALCOA INC.
Common Stk
013817 10 1
788,194
12,700
12,700
9,912
2,788
ALLEGHENY ENERGY INC
Common Stk
017411 10 9
7,254,750
227,600
227,600
189,250
38,350
ALLIANCE CAP MGMT
Common Stk
018548 10 7
2,695,734
98,250
98,250
87,050
11,200
ALLIANT ENERGY
Common Stk
929305 10 0
1,608,588
58,098
58,098
44,628
13,470
ALLIED-SIGNAL INC
Common Stk
019512 10 2
4,621,181
77,100
77,100
62,300
14,800
ALLSTATE CORP
Common Stk
020002 10 1
2,867,987
115,007
115,007
88,563
26,444
ALLTEL CORP
Common Stk
020039 10 3
2,170,928
30,848
30,848
26,798
4,050
AMER ELECTRIC PWR C
Common Stk
025537 10 1
464,066
13,599
13,599
9,899
3,700
AMEREN CORP
Common Stk
023608 10 2
1,798,022
47,551
47,551
38,050
9,501
AMERICAN EXPRESS CO
Common Stk
025816 10 9
5,100,300
37,780
37,780
33,480
4,300
AMERICAN GREETINGS
Common Stk
026375 10 5
663,063
25,750
25,750
21,550
4,200
AMERICAN HOME PRODU
Common Stk
026609 10 7
7,665,299
184,706
184,706
146,874
37,832
AMERITECH CORP
Common Stk
030954 10 1
6,077,588
91,050
91,050
80,500
10,550
ANHEUSER BUSCH CO I
Common Stk
035229 10 3
4,209,355
60,080
60,080
54,080
6,000
ARCH CHEMICALS INC.
Common Stk
03937R 10 2
528,117
32,625
32,625
30,325
2,300
ASARCO INC
Common Stk
043413 10 3
349,650
12,950
12,950
8,950
4,000
ASHLAND OIL INC
Common Stk
044204 10 5
1,753,544
52,150
52,150
45,553
6,597
ASSOCIATES FIRST CAP
Common Stk
046008 10 8
3,903,372
108,427
108,427
88,195
20,232
ATLANTIC RICHFIELD
Common Stk
048825 10 3
957,416
10,803
10,803
10,250
553
AVISTA CORPORATION
Common Stk
05379B 10 7
392,522
22,350
22,350
19,300
3,050
AVON PRODUCTS INC
Common Stk
054303 10 2
2,232,133
89,960
89,960
85,160
4,800
BAKER HUGHES INC
Common Stk
057224 10 7
3,216,100
110,900
110,900
93,100
17,800
BALDOR ELECTRIC
Common Stk
057741 10 0
1,353,028
71,447
71,447
57,518
13,929
BANC ONE CORPORATIO
Common Stk
059438 10 1
5,470,436
157,140
157,140
122,122
35,018
BANK OF NEW YORK
Common Stk
064057 10 2
1,792,250
53,600
53,600
47,700
5,900
BANKAMERICA CORP
Common Stk
066050 10 5
6,419,822
115,283
115,283
107,848
7,435
BANK WEST
Common Stk
059790 10 5
1,115,156
27,450
27,450
24,012
3,438
BARD C R INCORPORAT
Common Stk
067383 10 9
1,873,088
39,800
39,800
36,400
3,400
BAXTER INTERNATIONA
Common Stk
071813 10 9
7,461,963
123,850
123,850
104,303
19,547
BEAR STEARNS COS IN
Common Stk
073902 10 8
5,874,135
152,823
152,823
126,755
26,068
BELL ATLANTIC CORP
Common Stk
077853 10 9
13,082,117
194,349
194,349
166,261
28,088
BELLSOUTH CORPORATI
Common Stk
079860 10 2
10,348,245
229,961
229,961
194,161
35,800
BERKSHIRE HATHAWAY CL A
Common Stk
084670 10 8
275,000
5
5
-
5
BETHLEHEM STEEL CORP
Common Stk
087509 10 5
217,481
29,489
29,489
23,833
5,656
BLOCK H & R INCORPO
Common Stk
093671 10 5
1,416,063
32,600
32,600
23,862
8,738
BOEING CO
Common Stk
097023 10 5
5,473,562
128,412
128,412
109,022
19,390
BOISE CASCADE CORP
Common Stk
097383 10 3
2,557,913
70,200
70,200
62,050
8,150
BP AMOCO PLC ADR
Common Stk
055622 10 4
3,186,968
28,760
28,760
24,647
4,113
BRIGGS & STRATTON C
Common Stk
109043 10 9
1,698,713
29,100
29,100
28,300
800
BRISTOL-MYERS SQUIB
Common Stk
110122 10 8
9,863,505
146,126
146,126
131,926
14,200
BROWN SHOE COMPANY
Common Stk
115657 10 8
827,725
45,200
45,200
35,800
9,400
C T G RESOURCES INC
Common Stk
125957 10 0
5,586,774
157,930
157,930
130,556
27,374
CAMPBELL SOUP COMPA
Common Stk
134429 10 9
2,151,875
55,000
55,000
50,500
4,500
CARDINAL HEALTH INC
Common Stk
14149Y 10 8
4,934,975
90,550
90,550
78,964
11,586
CASCADE NATURAL GAS
Common Stk
147339 10 5
1,446,070
80,899
80,899
65,099
15,800
CATERPILLAR INC
Common Stk
149123 10 1
1,336,822
24,389
24,389
18,969
5,420
CBS CORPORATION
Common Stk
12490k 10 7
4,789,511
103,557
103,557
89,307
14,250
CENTRAL VERMONT PUB SV
Common Stk
155771 10 8
296,719
22,500
22,500
17,503
4,997
CHASE MANHATTAN COR
Common Stk
16161A 10 8
8,534,334
113,225
113,225
99,809
13,416
CHEMED CORP
Common Stk
163596 10 9
2,146,238
70,950
70,950
61,312
9,638
CHEVRON CORPORATION
Common Stk
166751 10 7
1,958,358
22,066
22,066
16,650
5,416
CHOICEPOINT INC
Common Stk
170388 10 2
592,900
8,800
8,800
8,300
500
CHUBB CORPORATION
Common Stk
171232 10 1
253,088
5,100
5,100
3,900
1,200
CIGNA CORP
Common Stk
125509 10 9
540,363
6,950
6,950
6,200
750
CINCINNATI BELL INC
Common Stk
171870 10 8
2,372,347
122,050
122,050
113,150
8,900
CINERGY CORP
Common Stk
172474 10 8
3,124,766
110,367
110,367
99,300
11,067
CISCO SYSTEMS INC
Common Stk
17275R 10 2
228,862
3,338
3,338
3,338
-
CITIGROUP
Common Stk
172967 10 1
3,720,552
84,558
84,558
66,246
18,312
CLOROX COMPANY
Common Stk
189054 10 9
4,123,350
107,800
107,800
96,600
11,200
CMS ENERGY C0RP
Common Stk
125896 10 0
338,153
9,964
9,964
9,364
600
COCA COLA COMPANY
Common Stk
191216 10 0
2,446,902
50,713
50,713
42,138
8,575
COCA COLA ENTERPRISES
Common Stk
191219 10 4
216,600
9,600
9,600
8,400
1,200
COLGATE-PALMOLIVE C
Common Stk
194162 10 3
1,518,900
33,200
33,200
31,000
2,200
COMPAQ COMPUTER
Common Stk
204493 10 0
793,534
34,690
34,690
31,390
3,300
CONAGRA INCORPORATE
Common Stk
205887 10 2
747,315
33,122
33,122
27,630
5,492
CONCORD EFS INC
Common Stk
206197 10 5
209,963
10,180
10,180
5,625
4,555
CONECTIV INC
Common Stk
206829 10 3
888,031
45,250
45,250
41,450
3,800
CONEXANT SYSTEMS
Common Stk
207142 10 0
969,889
13,349
13,349
10,749
2,600
CONOCO INC CL A
Common Stk
208251 30 6
357,975
12,900
12,900
11,700
1,200
CONS NATURAL GAS CO
Common Stk
209615 10 3
2,064,613
33,100
33,100
29,400
3,700
CONSECO INCORPORATED
Common Stk
208464 10 7
1,650,796
86,884
86,884
69,584
17,300
CONSOL EDISON CO OF
Common Stk
209111 10 3
533,690
12,860
12,860
9,010
3,850
CONSTELLATION ENERGY
Common Stk
210371 10 0
612,056
21,762
21,762
20,362
1,400
CONVERGYS CORP
Common Stk
212485 10 6
2,069,416
104,450
104,450
97,050
7,400
CSX CORP
Common Stk
126408 10 3
919,538
21,700
21,700
21,100
600
CVS CORP
Common Stk
126650 10 0
567,865
13,914
13,914
9,302
4,612
CYPRUS AMAX
Common Stk
232809 10 3
887,168
45,206
45,206
36,306
8,900
D P L INC
Common Stk
233293 10 9
4,595,457
311,799
311,799
272,174
39,625
DANA CORPORATION
Common Stk
235811 10 6
5,260,798
141,705
141,705
119,093
22,612
DE LUXE CORP
Common Stk
248019 10 1
2,232,100
65,650
65,650
56,791
8,859
DEERE & CO
Common Stk
244199 10 5
2,510,432
64,890
64,890
55,031
9,859
DELPHI AUTOMOTIVE SYS
Common Stk
247126 10 5
2,063,244
128,451
128,451
107,925
20,526
DIAMOND OFFSHR DRILLING
Common Stk
25271C 10 2
373,800
11,200
11,200
9,800
1,400
DISNEY WALT HLDG CO
Common Stk
245687 10 6
737,594
28,369
28,369
22,324
6,045
DOMINION RESOURCES
Common Stk
257470 10 4
888,963
19,700
19,700
16,353
3,347
DOW CHEMICAL COMPAN
Common Stk
260543 10 3
3,040,605
26,760
26,760
24,060
2,700
DQE INC HOLDING CO
Common Stk
23329J 10 4
232,794
5,950
5,950
4,800
1,150
DTE ENERGY CO
Common Stk
233331 10 7
893,006
24,550
24,550
18,050
6,500
DU PONT E I DE NEMO
Common Stk
263534 10 9
3,077,635
50,870
50,870
44,009
6,861
DUKE POWER CO NC
Common Stk
264399 10 6
1,465,939
26,593
26,593
23,493
3,100
DUN & BRADSTREET CO
Common Stk
264830 10 0
801,516
26,829
26,829
23,425
3,404
EASTMAN CHEMICAL CO
Common Stk
277432 10 0
1,196,250
30,000
30,000
26,000
4,000
EASTMAN KODAK COMPA
Common Stk
277461 10 9
8,218,774
108,678
108,678
90,225
18,453
EATON CORPORATION
Common Stk
278058 10 2
897,650
10,400
10,400
10,000
400
EDISON INTERNATIONA
Common Stk
281020 10 7
2,662,219
109,500
109,500
85,700
23,800
EDWARDS A G INC HOL
Common Stk
281760 10 8
2,927,203
110,984
110,984
96,710
14,274
EL PASO NATURAL GAS
Common Stk
283695 87 2
3,943,172
97,967
97,967
78,413
19,554
EMERSON ELECTRIC CO
Common Stk
291011 10 4
1,906,177
30,167
30,167
28,617
1,550
EMPIRE DISTRICT ELE
Common Stk
291641 10 8
3,311,622
129,550
129,550
116,750
12,800
ENESCO GROUP INC
Common Stk
292973 10 4
249,844
16,250
16,250
10,850
5,400
ENRON CORP
Common Stk
293561 10 6
925,056
22,528
22,528
15,112
7,416
ENTERGY CORP NEW
Common Stk
29364G 10 3
1,876,163
64,835
64,835
53,738
11,097
EQUIFAX INC
Common Stk
294429 10 5
5,086,322
180,847
180,847
156,850
23,997
EXXON CORPORATION
Common Stk
302290 10 1
7,687,324
101,149
101,149
78,107
23,042
FEDERAL SIGNAL CORP
Common Stk
313855 10 8
214,650
10,800
10,800
9,900
900
FIRST UNION CORP
Common Stk
337358 10 5
4,575,283
128,429
128,429
118,799
9,630
FIRSTAR CORP
Common Stk
33761C 10 3
464,607
18,131
18,131
14,948
3,183
FIRSTENERGY CORP
Common Stk
337932 10 7
811,924
32,076
32,076
23,421
8,655
FLEET BOSTON CORP
Common Stk
33901A 10 8
2,026,608
55,334
55,334
52,178
3,156
FORD MOTOR COMPANY
Common Stk
345370 10 0
8,758,073
174,290
174,290
143,243
31,047
FOSTER WHEELER
Common Stk
350244 10 9
335,338
27,800
27,800
22,200
5,600
FPL GROUP INC
Common Stk
302571 10 4
430,706
8,550
8,550
6,650
1,900
FRESENIUS MEDICAL C
Common Stk
358029 10 6
593,423
26,596
26,596
23,664
2,932
G T E CORPORATION
Common Stk
362320 10 3
11,684,462
151,993
151,993
120,746
31,247
GANNETT CO INC DEL
Common Stk
364730 10 1
390,218
5,640
5,640
3,040
2,600
GENERAL ELECTRIC CO
Common Stk
369604 10 3
18,673,949
157,503
157,503
126,993
30,510
GENERAL MILLS INC
Common Stk
370334 10 4
2,618,715
32,280
32,280
29,280
3,000
GENERAL MOTORS CORP
Common Stk
370442 10 5
6,850,684
108,849
108,849
90,301
18,548
GENUINE PARTS CO
Common Stk
372460 10 5
3,830,631
144,212
144,212
125,962
18,250
GILLETTE CO
Common Stk
375766 10 2
1,551,996
45,731
45,731
39,913
5,818
GLOBAL CROSSING LTD
Common Stk
G3921A 10 0
4,639,355
175,070
175,070
151,495
23,575
GOODRICH B F
Common Stk
382388 10 6
655,400
22,600
22,600
17,400
5,200
GOODYEAR TIRE & RUB
Common Stk
382550 10 1
1,620,850
33,680
33,680
29,680
4,000
GRACE W R & COMPANY
Common Stk
383883 10 5
1,295,246
79,099
79,099
69,066
10,033
HALLIBURTON CO HLDG CO
Common Stk
406216 10 1
2,548,970
62,170
62,170
52,223
9,947
HARLAND JOHN H COMP
Common Stk
412693 10 3
565,631
29,100
29,100
21,950
7,150
HAWAIIAN ELEC INDUS
Common Stk
419870 10 0
3,776,815
107,334
107,334
90,734
16,600
HEINZ H J CO
Common Stk
423074 10 3
5,579,852
129,764
129,764
109,514
20,250
HERSHEY FOODS CORP
Common Stk
427866 10 8
2,793,397
57,374
57,374
48,600
8,774
HEWLETT-PACKARD COM
Common Stk
428236 10 3
5,397,084
59,472
59,472
48,878
10,594
HILTON HOTELS CORP
Common Stk
432848 10 9
439,931
44,550
44,550
37,850
6,700
HONEYWELL INCORPORA
Common Stk
438506 10 7
2,037,019
18,300
18,300
16,100
2,200
HUNTINGTON BANCSHAR
Common Stk
446150 10 4
873,056
32,868
32,868
30,844
2,024
ILLINOVA CORP
Common Stk
452317 10 0
762,178
27,160
27,160
20,960
6,200
INDIANA ENERGY INC
Common Stk
454707 10 0
3,866,947
192,745
192,745
159,524
33,221
INTEL CORP
Common Stk
458140 10 0
1,799,254
24,212
24,212
16,934
7,278
INTERNATIONAL PAPER CO
Common Stk
460146 10 3
1,035,026
21,535
21,535
18,408
3,127
INTL BUSINESS MACHI
Common Stk
459200 10 1
18,626,014
153,934
153,934
123,234
30,700
INTL FLAVOR & FRAGR
Common Stk
459506 10 1
931,500
27,000
27,000
24,300
2,700
IPALCO ENTERPRISES
Common Stk
462613 10 0
2,751,689
141,566
141,566
130,866
10,700
JOHNSON & JOHNSON
Common Stk
478160 10 4
8,682,923
94,508
94,508
89,111
5,397
K MART CORPORATION
Common Stk
482584 10 9
767,168
65,640
65,640
55,190
10,450
KANSAS CITY PWR & LT
Common Stk
485134 10 0
261,225
10,800
10,800
9,800
1,000
KELLOGG COMPANY
Common Stk
487836 10 8
1,847,765
49,356
49,356
43,156
6,200
KELLY SERVICES INC
Common Stk
488152 20 8
3,274,588
108,700
108,700
92,600
16,100
KEYCORP INC NEW
Common Stk
493267 10 8
1,894,638
73,400
73,400
67,400
6,000
KEYSPAN ENERGY
Common Stk
493375 10 9
4,074,769
142,350
142,350
115,000
27,350
KIMBERLY-CLARK CORP
Common Stk
494368 10 3
3,392,880
64,320
64,320
54,737
9,583
KINDER MORGAN INC
Common Stk
494550 10 6
362,927
16,175
16,175
14,775
1,400
KLM ROYAL DUT AIR AM S
Common Stk
482516 10 1
2,470,223
94,554
94,554
79,321
15,233
KNIGHT RIDDER
Common Stk
499040 10 3
1,144,000
20,800
20,800
20,200
600
L G & E ENERGY CORP
Common Stk
501917 10 8
6,154,170
289,608
289,608
248,965
40,643
LACLEDE GAS COMPANY
Common Stk
505588 10 3
2,106,650
92,600
92,600
82,600
10,000
LILLY ELI & COMPANY
Common Stk
532457 10 8
3,690,268
57,492
57,492
53,804
3,688
LONGS DRUG STORES C
Common Stk
543162 10 1
1,514,663
50,700
50,700
47,200
3,500
LUBRIZOL CORPORATIO
Common Stk
549271 10 4
1,543,819
60,100
60,100
48,462
11,638
LUBYS CAFETERIAS IN
Common Stk
549282 10 1
318,550
27,700
27,700
23,000
4,700
LUCENT TECHNOLOGIES
Common Stk
549463 10 7
2,261,802
34,864
34,864
15,900
18,964
M C N ENERGY GROUP INC
Common Stk
55267J 10 0
500,088
29,096
29,096
27,896
1,200
M D U RESOURCES GRO
Common Stk
552690 10 9
1,720,688
76,475
76,475
67,925
8,550
MANPOWER INC
Common Stk
56418H 10 0
674,244
23,150
23,150
18,150
5,000
MAY DEPARTMENT STOR
Common Stk
577778 10 3
937,318
25,724
25,724
24,374
1,350
MAYTAG CORP
Common Stk
578592 10 7
3,854,256
115,700
115,700
95,712
19,988
MCCORMICK & CO INC
Common Stk
579780 20 6
2,985,544
90,300
90,300
76,950
13,350
MCDONALDS CORP
Common Stk
580135 10 1
342,108
7,910
7,910
6,910
1,000
MEAD CORPORATION
Common Stk
582834 10 7
2,091,719
60,850
60,850
54,650
6,200
MEDIA ONE
Common Stk
58440J 10 4
1,979,765
28,981
28,981
26,981
2,000
MELLON FINANCIAL CORP
Common Stk
585509 10 2
1,647,625
49,000
49,000
41,400
7,600
MERCK & CO INC
Common Stk
589331 10 7
9,531,978
147,070
147,070
124,070
23,000
MERITOR AUTOMOTIVE INC
Common Stk
59000G 10 0
629,715
30,166
30,166
30,100
66
MERRILL LYNCH & CO
Common Stk
590188 10 8
1,437,783
21,340
21,340
21,340
-
MICROSOFT CORP
Common Stk
594918 10 4
413,871
4,570
4,570
4,570
-
MINNESOTA MINING & MFG
Common Stk
604059 10 5
2,777,743
28,916
28,916
24,750
4,166
MINNESOTA POWER & LIGHT
Common Stk
604110 10 6
2,255,025
128,400
128,400
103,900
24,500
MOBIL CORP
Common Stk
607059 10 2
4,983,095
49,460
49,460
36,060
13,400
MONSANTO COMPANY
Common Stk
611662 10 7
3,097,675
86,800
86,800
82,212
4,588
MONTANA POWER COMPANY
Common Stk
612085 10 0
712,238
23,400
23,400
17,400
6,000
MORGAN J P & CO INC
Common Stk
616880 10 0
2,402,449
21,028
21,028
18,402
2,626
MORGAN STANLEY DEAN W
Common Stk
617446 44 8
3,517,377
39,438
39,438
30,084
9,354
MOTOROLA INCORPORATED
Common Stk
620076 10 9
512,424
5,823
5,823
4,923
900
NABISCO CO
Common Stk
629526 10 4
694,706
20,100
20,100
18,600
1,500
NATIONAL CITY CORP
Common Stk
635405 10 3
5,497,999
206,014
206,014
161,892
44,122
NATIONAL FUEL GAS C
Common Stk
636180 10 1
3,727,813
79,000
79,000
68,000
11,000
NEW CENTURY ENERGIES
Common Stk
64352V 10 3
4,889,900
146,240
146,240
118,469
27,771
NEW JERSEY RESOURCE
Common Stk
646025 10 6
2,662,000
66,550
66,550
55,953
10,597
NEW YORK TIMES CLAS
Common Stk
650111 10 7
3,454,988
92,133
92,133
79,533
12,600
NEWELL RUBBERMAID
Common Stk
651229 10 6
2,518,955
88,191
88,191
71,156
17,035
NISOURCE INC
Common Stk
65473P 10 5
4,010,334
181,258
181,258
161,333
19,925
NORTHERN STATES POWER
Common Stk
66575A 10 3
260,906
12,100
12,100
10,200
1,900
NORTHWESTERN CORP
Common Stk
668231 10 3
1,581,876
69,533
69,533
63,323
6,210
OCCIDENTAL PETE COR
Common Stk
674599 10 5
1,549,537
67,007
67,007
51,210
15,797
OGE ENERGY
Common Stk
670837 10 3
2,100,445
94,402
94,402
75,200
19,202
OLIN CORP
Common Stk
680665 20 5
1,410,869
103,550
103,550
90,750
12,800
OMNICOM GROUP INC
Common Stk
681919 10 6
340,506
4,300
4,300
1,122
3,178
ONEIDA LTD
Common Stk
682505 10 2
2,723,555
114,375
114,375
102,550
11,825
ORACLE SYSTEMS CORP
Common Stk
68389X 10 5
262,717
5,774
5,774
2,344
3,430
OREGON STEEL MILLS INC
Common Stk
686079 10 4
898,916
80,350
80,350
60,550
19,800
OTTER TAIL POWER CO
Common Stk
689648 10 3
4,097,000
96,400
96,400
79,400
17,000
P N C BANK CORP
Common Stk
693475 10 5
289,781
5,500
5,500
5,500
-
P P & L RESOURCES INC
Common Stk
693499 10 5
525,067
19,402
19,402
16,601
2,801
PACCAR INC
Common Stk
693718 10 8
4,344,725
85,400
85,400
75,900
9,500
PACIFICORP
Common Stk
695114 10 8
803,672
39,934
39,934
34,634
5,300
PAINE WEBBER GROUP
Common Stk
695629 10 5
2,119,248
58,462
58,462
47,950
10,512
PALL CORP
Common Stk
696429 30 7
912,428
39,350
39,350
32,650
6,700
PARK PLACE ENTERTAINMENT
Common Stk
700690 10 0
393,125
31,450
31,450
27,650
3,800
PECO ENERGY INC
Common Stk
693304 10 7
1,135,913
30,291
30,291
24,744
5,547
PENNEY J C CO INC
Common Stk
708160 10 6
427,800
12,400
12,400
11,000
1,400
PENNZOIL-QUAKER STATE
Common Stk
709323 10 9
725,700
57,481
57,481
45,952
11,529
PEOPLES ENERGY CORP
Common Stk
711030 10 6
784,681
22,300
22,300
21,800
500
PEPSICO INC
Common Stk
713448 10 8
3,314,679
108,678
108,678
94,234
14,444
PFIZER INCORPORATED
Common Stk
717081 10 3
4,044,583
112,741
112,741
109,741
3,000
PG&E CORPORATION
Common Stk
69331C 10 8
527,979
20,405
20,405
16,005
4,400
PHARMACIA & UPJOHN
Common Stk
716941 10 9
2,368,502
47,728
47,728
41,085
6,643
PHELPS DODGE CORPOR
Common Stk
717265 10 2
1,120,522
20,350
20,350
19,150
1,200
PHILIP MORRIS COS I
Common Stk
718154 10 7
214,492
6,274
6,274
4,220
2,054
PHILLIPS PETROLEUM
Common Stk
718507 10 6
3,439,605
70,556
70,556
62,559
7,997
PIEDMONT NATURAL GA
Common Stk
720186 10 5
1,606,563
53,000
53,000
48,603
4,397
PIONEER HY-BRED INT'L
Common Stk
723686 10 1
357,188
9,000
9,000
9,000
-
PITNEY BOWES INC
Common Stk
724479 10 0
4,798,219
78,740
78,740
69,764
8,976
POTOMAC ELECTRIC PW
Common Stk
737679 10 0
3,587,120
141,017
141,017
108,817
32,200
PPG INDUSTRIES
Common Stk
693506 10 7
1,701,000
28,350
28,350
24,050
4,300
PROCTER & GAMBLE CO
Common Stk
742718 10 9
8,730,656
93,127
93,127
80,439
12,688
PUBLIC SVC CO NEW MEXICO
Common Stk
744499 10 4
215,350
11,800
11,800
10,600
1,200
QUAKER OATS CO
Common Stk
747402 10 5
525,938
8,500
8,500
7,000
1,500
QUESTAR CORP
Common Stk
748356 10 2
2,581,000
142,400
142,400
123,500
18,900
R L I CORP
Common Stk
749607 10 7
5,868,654
177,838
177,838
147,304
30,534
READERS DIGEST ASSN
Common Stk
755267 10 1
453,375
15,500
15,500
13,000
2,500
RELIANT ENERGY
Common Stk
75952J 10 8
1,463,621
54,083
54,083
44,600
9,483
RGS ENERGY GROUP
Common Stk
74956K 10 4
313,600
12,800
12,800
10,100
2,700
ROCKWELL INTL CORP
Common Stk
774347 10 8
3,328,500
63,400
63,400
56,700
6,700
ROYAL DUTCH PETROLEUM
Common Stk
780257 80 4
235,541
3,988
3,988
3,688
300
SARA LEE CORP
Common Stk
803111 10 3
6,471,369
276,850
276,850
225,550
51,300
SBC COMMUNICATIONS
Common Stk
78387G 10 3
9,446,818
185,005
185,005
161,879
23,126
SCHERING PLOUGH COR
Common Stk
806605 10 1
4,456,905
102,164
102,164
90,864
11,300
SCHLUMBERGER LTD
Common Stk
806857 10 8
201,893
3,240
3,240
2,240
1,000
SEALED AIR CORPORATION
Common Stk
8121K1 10 0
833,726
16,248
16,248
12,771
3,477
SEARS ROEBUCK & CO
Common Stk
812387 10 8
3,258,702
103,863
103,863
84,180
19,683
SEMPRA ENERGY
Common Stk
816851 10 4
1,811,645
87,046
87,046
75,941
11,105
SERVICEMASTER CO
Common Stk
817615 10 7
4,279,885
266,452
266,452
217,164
49,288
SIERRA PACIFIC RESOURCES
Common Stk
826428 10 4
1,517,450
68,200
68,200
61,400
6,800
SKYLINE CORP
Common Stk
830830 10 5
1,252,266
48,750
48,750
40,300
8,450
SMITHKLINE BEECHAM
Common Stk
832378 30 1
233,958
4,060
4,060
2,471
1,589
SOUTH JERSEY INDS INC
Common Stk
838518 10 8
480,025
18,200
18,200
16,300
1,900
SOUTHERN COMPANY
Common Stk
842587 10 7
2,337,353
90,771
90,771
73,041
17,730
SOUTHWEST GAS CORP COM
Common Stk
844895 10 2
242,438
9,000
9,000
7,100
1,900
SPRINT CORPORATION
Common Stk
852061 10 0
6,232,349
114,882
114,882
92,462
22,420
SPRINT PCS GROUP
Common Stk
852061 50 6
1,892,023
25,375
25,375
20,503
4,872
ST JOSEPH LIGHT&POWER C
Common Stk
790654 10 7
266,063
12,900
12,900
10,900
2,000
ST PAUL COMPANIES I
Common Stk
792860 10 8
1,575,310
57,284
57,284
46,934
10,350
TECO ENERGY
Common Stk
872375 10 0
3,091,580
146,347
146,347
129,697
16,650
TENNECO INC
Common Stk
880370 10 1
1,251,591
73,623
73,623
60,150
13,473
TEXACO INCORPORATED
Common Stk
881694 10 3
1,073,125
17,000
17,000
16,200
800
TEXAS UTILITIES
Common Stk
882848 10 4
1,492,500
40,000
40,000
34,000
6,000
TEXTRON INCORPORATED
Common Stk
883203 10 1
4,019,631
51,950
51,950
46,450
5,500
TIMKEN COMPANY
Common Stk
887389 10 4
785,288
48,700
48,700
42,500
6,200
TRUE NORTH COMMUNIC
Common Stk
897844 10 6
7,056,095
193,982
193,982
163,682
30,300
TYCO INTL LTD
Common Stk
902124 10 6
950,107
9,202
9,202
8,097
1,105
U S TRUST CORP
Common Stk
91288L 10 5
610,850
7,600
7,600
7,000
600
U S X-MARATHON GROU
Common Stk
902905 82 7
4,339,033
148,343
148,343
124,996
23,347
U S X-US STEEL GROU
Common Stk
90337T 10 1
2,588,854
100,538
100,538
84,450
16,088
UNION CARBIDE CORP
Common Stk
905581 10 4
1,687,331
29,700
29,700
28,200
1,500
UNION PACIFIC CORP
Common Stk
907818 10 8
387,192
8,056
8,056
7,400
656
UNIVERSAL FOODS
Common Stk
913538 10 4
325,713
14,200
14,200
10,200
4,000
UNOCAL CORP DELAWARE
Common Stk
915289 10 2
878,381
23,700
23,700
20,200
3,500
US WEST COMMUNICATI
Common Stk
912889 10 2
4,043,449
70,860
70,860
61,164
9,696
UTILICORP UNITED IN
Common Stk
918005 10 9
1,794,525
85,200
85,200
78,650
6,550
VODAFONE GROUP PLC ADR
Common Stk
92857T 10 7
2,629,515
11,060
11,060
8,910
2,150
WACHOVIA CORP
Common Stk
929771 10 3
2,421,650
30,800
30,800
28,100
2,700
WAL-MART STORES INC
Common Stk
931142 10 3
7,337,895
154,279
154,279
127,779
26,500
WALLACE COMPUTER SVC
Common Stk
932270 10 1
1,142,100
56,400
56,400
50,000
6,400
WARNER LAMBERT COMP
Common Stk
934488 10 7
5,791,219
87,250
87,250
85,350
1,900
WASHINGTON FEDERAL INC
Common Stk
938824 10 9
606,817
26,170
26,170
23,070
3,100
WASHINGTON MUTUAL INC
Common Stk
939339 10 7
3,600,880
123,107
123,107
108,434
14,673
WASTE MANAGEMENT INC
Common Stk
94106K 10 1
654,923
34,022
34,022
27,397
6,625
WD-40 COMPANY
Common Stk
929236 10 7
1,981,718
84,666
84,666
76,966
7,700
WELLS FARGO
Common Stk
949740 10 4
3,118,091
78,690
78,690
68,490
10,200
WESTCOAST ENERGY IN
Common Stk
95751D 10 2
1,541,250
82,200
82,200
69,900
12,300
WESTERN RESOURCES I
Common Stk
959425 10 9
1,324,716
61,975
61,975
47,025
14,950
WEYERHAEUSER CO
Common Stk
962166 10 4
1,589,009
27,575
27,575
23,525
4,050
WHIRLPOOL CORP
Common Stk
963320 10 6
1,920,188
29,400
29,400
26,700
2,700
WILLIAMS COMPANIES
Common Stk
969457 10 0
2,466,319
65,550
65,550
61,850
3,700
WISCONSIN EGY CP HL
Common Stk
976657 10 6
399,633
17,051
17,051
15,251
1,800
WPS RESOURCES CORP
Common Stk
92931B 10 6
333,944
11,900
11,900
1,800
10,100
WORTHINGTON INDUSTRIES
Common Stk
981811 10 2
482,800
28,400
28,400
24,200
4,200
XEROX CORP
Common Stk
984121 10 3
2,656,657
63,348
63,348
59,048
4,300
BAKER HUGHES INC CV DE
Conv Debt
057224 AH 0
705,000
1,000,000
1,000,000
1,000,000
-
05/05/08 0.00%
HEALTHSOUTH CORPORATI
Conv Debt
421924 AB 7
773,750
1,000,000
1,000,000
1,000,000
-
04/01/03 3.25%
Call 04/04/01, 101.3
HEWLETT PACKARD
Conv Debt
428236 AA 1
452,813
750,000
750,000
750,000
-
10/14/17 0.00%
Call 10/14/00, 59.029
HILTON HOTELS CP CV DE
Conv Debt
432848 AL 3
810,000
1,000,000
1,000,000
1,000,000
-
05/15/06 5.00%
Call 05/15/99, 102.59
LOEWS CORP CV DEB
Conv Debt
540424 AL 2
841,250
1,000,000
1,000,000
1,000,000
-
09/15/07 3.125%
Call 09/15/02, 101.56
PENNZOIL CO
Conv Debt
709903 BH 0
738,750
750,000
750,000
750,000
-
08/15/08 4.95%
POTOMAC ELECTRIC PW
Conv Debt
737679 BT 6
965,000
1,000,000
1,000,000
1,000,000
-
09/01/02 5.00%
Call 09/01/98, 94.371
USD CUC INTL INC
Conv Debt
126545 AD 4
460,000
500,000
500,000
500,000
-
02/15/02 3.00%
USD TEXACO CAPITAL
Conv Debt
VV308157
243,438
250,000
250,000
250,000
-
08/05/04 3.50 %
Call 08/05/99, 100
WMX TECHNOLOGIES
Conv Debt
92929Q AF 4
816,250
1,000,000
1,000,000
1,000,000
-
01/24/05 2.00%
Call 03/15/00, 84.303
COLUMN TOTALS
$ 750,765,725
SEC 1685
(5/91)
c ProFormWare, Inc. (561) 447-6684 SEC 1685 (5/91)
c ProFormWare, Inc. (561) 447-6684
SEC 1685 (5/91)
