BECK, MACK & OLIVER LLC
330 MADISON AVENUE
NEW YORK, N.Y. 10017-5001
FORM 13F
Report for the quarter ended: March 31, 2000
Name of Institutional Manager: Beck, Mack & Oliver LLC
Address: 330 Madison Avenue, New York, NY 10017-5001
Name. Phone Number and Title of Person Duly Authorized to Submit This Report:
ROBERT C. BECK, SENIOR MEMBER 212 661-2640
The institutional investment manager submitting this Form and its attachments
and the person by whom it is signed represent hereby that all information
contained therein 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 amendments represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to section 13F of the Securities Exchange Act of 1934 and rules
thereunder, the undersigned institutional investment manager has caused this
report to be signed on its behalf in the City of New York and State of
New York on the 24th day of April, 2000.
BECK. MACK & OLIVER. LLC
Name of Institutional Manager
ROBERT C. BECK
Manual Signature of Person Duly Authorized to
Submit This Report
<PAGE>
FORM 13 F SUMMARY PAGE
NUMBER OF OTHER INCLUDED MANAGERS: 6
FORM 13F INFORMATION TABLE ENTRY TOTAL: 245
FORM 13F INFORMATION TABLE VALUE TOTAL: $2,158,677,552
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)
1) John C. Beck
2) Robert J. Campbell
3) M. Gerald Sedam II
4) Dan I. Abrams
5) Jonathan D. Gross
6) Walter K. Giles
<PAGE>
<TABLE>
<S> <S> <S> <S>
<S> <S> <S> <S> <S> <S>
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C
INV
DSC MANAGERS SOLE SHARED NONE
AGCO CORP COMMON 001084102 8358 734800 SH
SOLE 0 0 734800
AT&T CORP COMMON 001957109 10788 191574 SH
SOLE 0 0 191574
AT&T CP. LIB.MEDIA GR A COM 001957208 58527 986749 SH
SOLE 0 0 986749
AT&T CP. LIB.MEDIA GR B COMMON 001957307 2530 38549 SH
SOLE 0 0 38549
ABBOTT LABS COMMON 002824100 69906 1986682 SH
SOLE 0 0 1986682
AETNA INC COMMON 008117103 15510 279467 SH
SOLE 0 0 279467
AGRIBRANDS INTL INC COMMON 00849R105 417 10600 SH
SOLE 0 0 10600
ALLEGHANY CORP DEL COMMON 017175100 3068 16320 SH
SOLE 0 0 16320
ALLERGAN INC COMMON 018490102 437 8746 SH
SOLE 0 0 8746
ALLIED HLDGS INC COMMON 019223106 6605 1112389 SH
SOLE 0 0 1112389
ALLSTATE CORP COMMON 020002101 278 11662 SH
SOLE 0 0 11662
ALLTEL CORP COMMON 020039103 678 10719 SH
SOLE 0 0 10719
AMERADA HESS CORP COMMON 023551104 25569 395645 SH
SOLE 0 0 395645
AMERICAN EXPRESS CO COMMON 025816109 58708 394182 SH
SOLE 0 0 394182
AMERICAN HOME PRODS CORP COMMON 026609107 1558 28990 SH
SOLE 0 0 28990
AMERICAN INTL GROUP INC COMMON 026874107 226557 2069013 SH
SOLE 0 0 2069013
AMERICAN SUPERCONDUCTOR COMMON 030111108 267 6000 SH
SOLE 0 0 6000
AMSOUTH BANCORPORATION COMMON 032165102 191 12778 SH
SOLE 0 0 12778
ANALOG DEVICES INC COMMON 032654105 1210 15029 SH
SOLE 0 0 15029
ATLANTIC RICHFIELD CO COMMON 048825103 3885 45708 SH
SOLE 0 0 45708
AUTOMATIC DATA PROCESSIN COMMON 053015103 1587 32898 SH
SOLE 0 0 32898
AVERY DENNISON CORP COMMON 053611109 295 4833 SH
SOLE 0 0 4833
AVER STAR COMMON 053990107 0 14635 SH
SOLE 0 0 14635
BP AMOCO PLC SPON.ADR . 055622104 5070 95203 SH
SOLE 0 0 95203
BSB BANCORP COMMON 055652101 11699 560421 SH
SOLE 0 0 560421
BANK NEW YORK INC COMMON 064057102 3972 95556 SH
SOLE 0 0 95556
BANK ONE CORP COMMON 06423A103 357 10348 SH
SOLE 0 0 10348
BANKNORTH GROUP INC DEL COMMON 06646L100 3186 118808 SH
SOLE 0 0 118808
BAXTER INTL INC COMMON 071813109 1439 22954 SH
SOLE 0 0 22954
BELDEN INC COMMON 077459105 4355 158350 SH
SOLE 0 0 158350
BELL ATLANTIC CORP COMMON 077853109 696 11391 SH
SOLE 0 0 11391
BELLSOUTH CORP COMMON 079860102 1054 22486 SH
SOLE 0 0 22486
BERKSHIRE HATHAWAY INC CL A 084670108 1030 18 SH
SOLE 0 0 18
BERKSHIRE HATHAWAY CL B COMMON 084670207 57974 31854 SH
SOLE 0 0 31854
BESTFOODS COMMON 08658U101 2239 47822 SH
SOLE 0 0 47822
BRADY CORP CL A 104674106 10583 339350 SH
SOLE 0 0 339350
BRISTOL MYERS SQUIBB CO COMMON 110122108 6064 104546 SH
SOLE 0 0 104546
BROWN FORMAN CORP CL A 115637100 272 5250 SH
SOLE 0 0 5250
BURLINGTON NOR.SANTA FE COMMON 12189T104 5445 239351 SH
SOLE 0 0 239351
BURLINGTON RES INC COMMON 122014103 38234 1033351 SH
SOLE 0 0 1033351
CMGI INC COMMON 125750109 635 5600 SH
SOLE 0 0 5600
CSF HLDGS INC ESCROW COMMON 126335991 0 44125 SH
SOLE 0 0 44125
CVS CORP COMMON 126650100 349 9278 SH
SOLE 0 0 9278
CALIFORNIA MINERALS LP COMMON 130991102 209 209196 SH
SOLE 0 0 209196
CARDXX INC COMMON 141618108 34 30000 SH
SOLE 0 0 30000
CATERPILLAR INC DEL COMMON 149123101 260 6600 SH
SOLE 0 0 6600
CHARTER ONE FINL INC COMMON 160903100 850 40473 SH
SOLE 0 0 40473
CHASE MANHATTAN CORP NEW COMMON 16161A108 287 3293 SH
SOLE 0 0 3293
CHEMFAB CORP COMMON 16361L102 1884 128850 SH
SOLE 0 0 128850
CHESAPEAKE ENERGY CORP COMMON 165167107 38 11700 SH
SOLE 0 0 11700
CHEVRON CORPORATION COMMON 166751107 3928 42496 SH
SOLE 0 0 42496
CHUBB CORP COMMON 171232101 3158 46739 SH
SOLE 0 0 46739
CISCO SYS INC COMMON 17275R102 1256 16252 SH
SOLE 0 0 16252
CINTAS CORP COMMON 172908105 941 24000 SH
SOLE 0 0 24000
CITIGROUP INC COMMON 172967101 6748 112694 SH
SOLE 0 0 112694
COCA COLA CO COMMON 191216100 9555 203560 SH
SOLE 0 0 203560
COHERENT INC COMMON 192479103 296 5700 SH
SOLE 0 0 5700
COLGATE PALMOLIVE CO COMMON 194162103 732 12992 SH
SOLE 0 0 12992
COMCAST CORP CL A 200300101 239 5800 SH
SOLE 0 0 5800
COMCAST CP CL A SPL COMMON 200300200 835 19250 SH
SOLE 0 0 19250
COMERICA INC COMMON 200340107 315 7519 SH
SOLE 0 0 7519
COMMERCE BANCSHARES INC COMMON 200525103 655 20998 SH
SOLE 0 0 20998
COMPUTER SCIENCES CORP COMMON 205363104 365 4610 SH
SOLE 0 0 4610
CONCORDIA PAPER HLDGS LT SPONSORED ADR 206575102 8 20000 SH
SOLE 0 0 20000
CONSOLIDATED EDISON INC COMMON 209115104 307 10529 SH
SOLE 0 0 10529
CORDANT TECHNOLOGIES INC COMMON 218412104 3859 68230 SH
SOLE 0 0 68230
CORNING INC COMMON 219350105 7522 38775 SH
SOLE 0 0 38775
COSTCO WHSL CORP NEW COMMON 22160K105 263 5000 SH
SOLE 0 0 5000
COVANCE INC COMMON 222816100 426 39582 SH
SOLE 0 0 39582
COX COMMUNICATIONS INC N CL A 224044107 488 10068 SH
SOLE 0 0 10068
CRANE CO COMMON 224399105 18761 796244 SH
SOLE 0 0 796244
DALLAS SEMICONDUCTOR COR COMMON 235204104 284 7780 SH
SOLE 0 0 7780
DIME BANCORP INC NEW COMMON 25429Q102 15051 813576 SH
SOLE 0 0 813576
DISNEY WALT CO COM DISNEY 254687106 4469 108337 SH
SOLE 0 0 108337
DOVER CORP COMMON 260003108 28303 591181 SH
SOLE 0 0 591181
DOW CHEM CO COMMON 260543103 1297 11381 SH
SOLE 0 0 11381
DU PONT E I DE NEMOURS & COMMON 263534109 2832 53492 SH
SOLE 0 0 53492
DYNATECH CORP NEW COMMON 268140100 217 15000 SH
SOLE 0 0 15000
E M C CORP MASS COMMON 268648102 580 4600 SH
SOLE 0 0 4600
EASTMAN KODAK CO COMMON 277461109 851 15670 SH
SOLE 0 0 15670
EL PASO ENERGY CORP DEL COMMON 283905107 363 8981 SH
SOLE 0 0 8981
EMERSON ELEC CO COMMON 291011104 235 4426 SH
SOLE 0 0 4426
ENRON CORP COMMON 293561106 592 7902 SH
SOLE 0 0 7902
ERICSSON TEL CLB ADR SEK10 294821400 2176 23200 SH
SOLE 0 0 23200
EXXON MOBIL CORP COMMON 30231G102 42779 548894 SH
SOLE 0 0 548894
FNB FINANCIAL SERVICES C COMMON 302526108 720 53300 SH
SOLE 0 0 53300
FEDERAL HOME LN MTG CORP COMMON 313400301 461 10440 SH
SOLE 0 0 10440
FANNIE MAE COMMON 313586109 2127 37600 SH
SOLE 0 0 37600
FEDEX CORP COMMON 31428X106 38760 998660 SH
SOLE 0 0 998660
FIRST SEC CORP DEL COMMON 336294103 4763 396878 SH
SOLE 0 0 396878
FIRST UN CORP COMMON 337358105 284 7629 SH
SOLE 0 0 7629
FIRSTAR CORP NEW WIS COMMON 33763V109 1157 50450 SH
SOLE 0 0 50450
FLEETBOSTON FINL CORP COMMON 339030108 221 6047 SH
SOLE 0 0 6047
FORD MTR CO DEL COMMON 345370100 418 9107 SH
SOLE 0 0 9107
FREMONT GEN CORP COMMON 357288109 440 69000 SH
SOLE 0 0 69000
FRONTLINE CAP GROUP COMMON 35921N101 1938 44040 SH
SOLE 0 0 44040
GTE CORP COMMON 362320103 880 12394 SH
SOLE 0 0 12394
GALLAGHER ARTHUR J & CO COMMON 363576109 585 18000 SH
SOLE 0 0 18000
GANNETT INC COMMON 364730101 631 8963 SH
SOLE 0 0 8963
GENERAL ELEC CO COMMON 369604103 114862 738068 SH
SOLE 0 0 738068
GENERAL MTRS CORP COMMON 370442105 307 3704 SH
SOLE 0 0 3704
GILLETTE CO COMMON 375766102 1168 30996 SH
SOLE 0 0 30996
GLAXO WELLCOME PLC DEPOSITORY RECEI 37733W105 1078 18801 SH
SOLE 0 0 18801
GREENPOINT FINL CORP COMMON 395384100 650 33100 SH
SOLE 0 0 33100
HCC INS HLDGS INC COMMON 404132102 37922 2862067 SH
SOLE 0 0 2862067
HANNAFORD BROS CO COMMON 410550107 23689 321212 SH
SOLE 0 0 321212
HEINZ H J CO COMMON 423074103 949 27210 SH
SOLE 0 0 27210
HERSHEY FOODS CORP COMMON 427866108 626 12850 SH
SOLE 0 0 12850
HEWLETT PACKARD CO COMMON 428236103 8887 66886 SH
SOLE 0 0 66886
HIBERNIA CORP CL A 428656102 893 85000 SH
SOLE 0 0 85000
HOME DEPOT INC COMMON 437076102 985 15276 SH
SOLE 0 0 15276
HOMEFED CORP COM NEW 43739D208 738 1153043 SH
SOLE 0 0 1153043
HONEYWELL INTL INC COMMON 438516106 1930 36630 SH
SOLE 0 0 36630
HUBBELL INC A CL A 443510102 6435 249902 SH
SOLE 0 0 249902
HUBBELL INC B CL B 443510201 16506 602962 SH
SOLE 0 0 602962
HUNTINGTON BANCSHARES IN COMMON 446150104 603 26967 SH
SOLE 0 0 26967
HUTTIG BLDG PRODS INC COMMON 448451104 589 130913 SH
SOLE 0 0 130913
IMC GLOBAL INC COMMON 449669100 495 33679 SH
SOLE 0 0 33679
IMS HEALTH INC COMMON 449934108 190 11220 SH
SOLE 0 0 11220
IDEX CORP COMMON 45167R104 16650 611013 SH
SOLE 0 0 611013
ILLINOIS TOOL WKS INC COMMON 452308109 2147 38867 SH
SOLE 0 0 38867
INCO LTD COMMON 453258402 184 10000 SH
SOLE 0 0 10000
INFINITY BROADCASTING CP CL A 45662S102 5510 170200 SH
SOLE 0 0 170200
INPUT/OUTPUT INC COMMON 457652105 2529 412950 SH
SOLE 0 0 412950
INSIGHT COMMUNICATIONS I CL A 45768V108 1722 83500 SH
SOLE 0 0 83500
INTEL CORP COMMON 458140100 8591 65116 SH
SOLE 0 0 65116
INTERACTIVE MARKETING TE COMMON 45838B108 27 25000 SH
SOLE 0 0 25000
INTL. BUSINESS MACHINES COMMON 459200101 29699 251683 SH
SOLE 0 0 251683
INTERPUBLIC GROUP COS IN COMMON 460690100 1693 35827 SH
SOLE 0 0 35827
JDS UNIPHASE CORP COMMON 46612J101 820 6800 SH
SOLE 0 0 6800
JEFFERSON PILOT CORP COMMON 475070108 562 8437 SH
SOLE 0 0 8437
JOHNSON & JOHNSON COMMON 478160104 72841 1036880 SH
SOLE 0 0 1036880
KANSAS CITY SOUTHN INDS COMMON 485170104 1461 17000 SH
SOLE 0 0 17000
KIMBERLY CLARK CORP COMMON 494368103 239 4266 SH
SOLE 0 0 4266
KROGER CO COMMON 501044101 48415 2756740 SH
SOLE 0 0 2756740
LEUCADIA NATL CORP COMMON 527288104 62568 2634448 SH
SOLE 0 0 2634448
LEXMARK INTL GR.CL.A COMMON 529771107 4079 38574 SH
SOLE 0 0 38574
LILLY ELI & CO COMMON 532457108 1524 24332 SH
SOLE 0 0 24332
LINEAR TECHNOLOGY CORP COMMON 535678106 3850 70000 SH
SOLE 0 0 70000
LUCENT TECHNOLOGIES INC COMMON 549463107 924 15091 SH
SOLE 0 0 15091
LYDALL INC DEL COMMON 550819106 450 51400 SH
SOLE 0 0 51400
M & T BK CORP COMMON 55261F104 26869 60177 SH
SOLE 0 0 60177
MBNA CORP COMMON 55262L100 322 12625 SH
SOLE 0 0 12625
MCI WORLDCOM INC COMMON 55268B106 41826 923050 SH
SOLE 0 0 923050
MARSH & MCLENNAN COS INC COMMON 571748102 4271 38720 SH
SOLE 0 0 38720
MASSBANK CORP READ MASS COMMON 576152102 3030 110322 SH
SOLE 0 0 110322
MATLACK SYS INC COMMON 576901102 27 13500 SH
SOLE 0 0 13500
MCDONALDS CORP COMMON 580135101 1389 37158 SH
SOLE 0 0 37158
MEDIAONE GROUP INC COMMON 58440J104 236 2916 SH
SOLE 0 0 2916
MERCK & CO INC COMMON 589331107 82626 1329997 SH
SOLE 0 0 1329997
MEREDITH CORP COMMON 589433101 3160 114120 SH
SOLE 0 0 114120
MESA RTY TR UNIT BEN INT 590660106 12526 296484 SH
SOLE 0 0 296484
METROMEDIA FIBER NETWORK CL A 591689104 227 2350 SH
SOLE 0 0 2350
METTLER TOLEDO INTERNATI COMMON 592688105 353 8611 SH
SOLE 0 0 8611
MICROSOFT CORP COMMON 594918104 364 3424 SH
SOLE 0 0 3424
MINNESOTA MNG & MFG CO COMMON 604059105 430 4852 SH
SOLE 0 0 4852
MOLEX INC COMMON 608554101 20854 354969 SH
SOLE 0 0 354969
MOLEX INC CL A N/V CL A 608554200 121686 2742210 SH
SOLE 0 0 2742210
GREENFIELDS ENERGY CORP COMMON 6085807 1 13400 SH
SOLE 0 0 13400
MONSANTO CO COMMON 611662107 409 7950 SH
SOLE 0 0 7950
MORGAN J P & CO INC COMMON 616880100 1261 9573 SH
SOLE 0 0 9573
MORGAN STANLEY DEAN WITT COM NEW 617446448 532 6420 SH
SOLE 0 0 6420
MOTOROLA INC COMMON 620076109 491 3366 SH
SOLE 0 0 3366
ROBCO II COMMON 622991107 14 14250 SH
SOLE 0 0 14250
NAVIGATORS GROUP INC COMMON 638904102 3875 380350 SH
SOLE 0 0 380350
NEW YORK TIMES CO CL A 650111107 320 7460 SH
SOLE 0 0 7460
NOBLE DRILLING CORP COMMON 655042109 4332 104700 SH
SOLE 0 0 104700
NORFOLK SOUTHERN CORP COMMON 655844108 159 11130 SH
SOLE 0 0 11130
NORTHERN TR CORP COMMON 665859104 439 6503 SH
SOLE 0 0 6503
PAINE WEBBER GROUP INC COMMON 695629105 219 4987 SH
SOLE 0 0 4987
PARKVALE FINL CORP COMMON 701492100 7028 446196 SH
SOLE 0 0 446196
PEPSICO INC COMMON 713448108 1601 45912 SH
SOLE 0 0 45912
PFIZER INC COMMON 717081103 16061 439276 SH
SOLE 0 0 439276
PHILIP MORRIS COS INC COMMON 718154107 1125 53272 SH
SOLE 0 0 53272
PITNEY BOWES INC COMMON 724479100 1124 25142 SH
SOLE 0 0 25142
PLACER DOME INC COMMON 725906101 108 13275 SH
SOLE 0 0 13275
POLICY MGMT SYS CORP COMMON 731108106 22445 1870375 SH
SOLE 0 0 1870375
PRAXAIR INC COMMON 74005P104 833 20000 SH
SOLE 0 0 20000
PROCTER & GAMBLE CO COMMON 742718109 3460 61232 SH
SOLE 0 0 61232
PROGRESSIVE CORP OHIO COMMON 743315103 912 11986 SH
SOLE 0 0 11986
QUALCOMM INC COMMON 747525103 239 1600 SH
SOLE 0 0 1600
RECKSON ASSOCS RLTY CORP COMMON 75621K106 2179 116200 SH
SOLE 0 0 116200
RECKSON ASSOCS RLTY CORP PFD CV SER A% 75621K205 690 36450 SH
SOLE 0 0 36450
REGIONS FINL CORP COMMON 758940100 605 26540 SH
SOLE 0 0 26540
RISK CAP HLDGS INC COMMON 767711104 14083 860000 SH
SOLE 0 0 860000
ROBBINS & MYERS INC COMMON 770196103 1375 58200 SH
SOLE 0 0 58200
ROBBINS & MYERS INC CV 6.500 9/0 770196AA1 1320 1340000 PRN
SOLE 0 0 1340000
ROBCO COMMON 770995108 21 20625 SH
SOLE 0 0 20625
ROPER INDS INC NEW COMMON 776696106 77067 2270839 SH
SOLE 0 0 2270839
ROYAL DUTCH PETE CO DEPOSITORY RECEI 780257804 5705 98681 SH
SOLE 0 0 98681
SBC COMMUNICATIONS INC COMMON 78387G103 1354 32150 SH
SOLE 0 0 32150
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 149 15000 SH
SOLE 0 0 15000
SANTA FE SNYDER CORP COMMON 80218K105 190 20005 SH
SOLE 0 0 20005
SARA LEE CORP COMMON 803111103 634 35240 SH
SOLE 0 0 35240
SCHERING PLOUGH CORP COMMON 806605101 1507 40600 SH
SOLE 0 0 40600
SCHLUMBERGER LTD COMMON 806857108 3097 40484 SH
SOLE 0 0 40484
SCHOLASTIC CORP COMMON 807066105 10603 196580 SH
SOLE 0 0 196580
SEACOAST BKG CORP FLA CL A 811707108 3944 152418 SH
SOLE 0 0 152418
SEALED AIR CORP NEW COMMON 81211K100 23719 436718 SH
SOLE 0 0 436718
SHARED MED SYS CORP COMMON 819486101 40520 781105 SH
SOLE 0 0 781105
SHELDAHL CO COMMON 822440103 162 27207 SH
SOLE 0 0 27207
SHELDAHL SER D CV PFD 5% CV 822990909 1359 1359 SH
SOLE 0 0 1359
SHELCO COMMON 822997102 30 30454 SH
SOLE 0 0 30454
SMITHKLINE BEECHAM PLC DEPOSITORY RECEI 832378301 24042 363931 SH
SOLE 0 0 363931
SOLECTRON CORP COMMON 834182107 24800 618080 SH
SOLE 0 0 618080
SONOCO PRODS CO COMMON 835495102 2310 100452 SH
SOLE 0 0 100452
SPRINT CORP COM FON GROUP 852061100 380 6000 SH
SOLE 0 0 6000
SUN MICROSYSTEMS INC COMMON 866810104 656 7000 SH
SOLE 0 0 7000
SUN HYDRAULICS CORP COMMON 866942105 2273 257950 SH
SOLE 0 0 257950
SUNTRUST BKS INC COMMON 867914103 429 7437 SH
SOLE 0 0 7437
SWWT INC COMMON 870534997 1 12500 SH
SOLE 0 0 12500
TVX GOLD INC COMMON 87308K101 8 10000 SH
SOLE 0 0 10000
TARGET CORP COMMON 87612E106 435 5825 SH
SOLE 0 0 5825
TEXACO INC COMMON 881694103 1157 21523 SH
SOLE 0 0 21523
THOMAS & BETTS CORP COMMON 884315102 410 14507 SH
SOLE 0 0 14507
TIGER PARTNERS COMMON 886993104 25 25000 SH
SOLE 0 0 25000
TIME WARNER INC COMMON 887315109 1865 18646 SH
SOLE 0 0 18646
TORCHMARK CORP COMMON 891027104 550 23786 SH
SOLE 0 0 23786
TYCO INTL LTD NEW COMMON 902124106 25130 501348 SH
SOLE 0 0 501348
UCAR INTL INC COMMON 90262K109 8223 623520 SH
SOLE 0 0 623520
UNILEVER N V DEPOSITORY RECEI 904784709 342 7097 SH
SOLE 0 0 7097
UNION PAC CORP COMMON 907818108 37184 950393 SH
SOLE 0 0 950393
UNION PAC RES GROUP INC COMMON 907834105 1199 82683 SH
SOLE 0 0 82683
UNISOURCE WORLDWIDE INC COMMON 909208100 138 11550 SH
SOLE 0 0 11550
UNITED DOMINION REALTY T COMMON 910197102 119 11800 SH
SOLE 0 0 11800
UNOCAL CORP COMMON 915289102 274 9214 SH
SOLE 0 0 9214
UNOVA INC COMMON 91529B106 1695 125550 SH
SOLE 0 0 125550
VASTAR RES INC COMMON 922380100 639 8600 SH
SOLE 0 0 8600
VERTEX PHARMACEUTICALS I COMMON 92532F100 20681 441790 SH
SOLE 0 0 441790
VIACOM INC CL B COMMON 925524308 1435 27200 SH
SOLE 0 0 27200
VODAFONE AIRTOUCH PLC DEPOSITORY RECEI 92857T107 2025 36440 SH
SOLE 0 0 36440
VULCAN MATLS CO COMMON 929160109 398 8689 SH
SOLE 0 0 8689
WACHOVIA CORP COMMON 929771103 203 3000 SH
SOLE 0 0 3000
WADDELL & REED FINL CL B CL B 930059209 227 5822 SH
SOLE 0 0 5822
WAL MART STORES INC COMMON 931142103 794 14052 SH
SOLE 0 0 14052
WALGREEN CO COMMON 931422109 2617 101637 SH
SOLE 0 0 101637
WARNER LAMBERT CO COMMON 934488107 332 3400 SH
SOLE 0 0 3400
WATERS CORP COMMON 941848103 3334 35000 SH
SOLE 0 0 35000
WELLS FARGO & CO NEW COMMON 949746101 1369 33604 SH
SOLE 0 0 33604
WILEY JOHN & SONS CLA COMMON 968223206 5573 309600 SH
SOLE 0 0 309600
WILLIAMS COS INC DEL COMMON 969457100 25682 584515 SH
SOLE 0 0 584515
WINSTAR COMMUNICATIONS I COMMON 975515107 26016 433600 SH
SOLE 0 0 433600
ZEBRA TECHNOLOGIES CORP CL A 989207105 210 4200 SH
SOLE 0 0 4200
TRANSOCEAN SEDCO FOREX I ORD G90078109 402 7825 SH
SOLE 0 0 7825
SBS BROADCASTING SA ORD L8137F102 400 6500 SH
SOLE 0 0 6500
</TABLE>
