UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
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: The Washington Trust Company
Washington Trust Investment Management
Address: 23 Broad Street
Westerly, RI 02891
13F File Number: 28-
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
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: Mr. Edward Tierney
Title: Vice President, Operations
Phone: 401-348-1271
Signature, Place, and Date of Signing:
Edward Tierney Westerly, RI 5/10/99
_______________________ ______________________ __________
(Signature) (City, State) (Date)
Report Type (Check only one.):
[ x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings
for this reporting manager are reported in this report and a portion
are reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are not entries in this list, omit this section.]
Form 13F File Number Name
28- none
------------- ---------------------------------
[Repeat as necessary.]
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
-----------------
Form 13F Information Table Entry Total: 265
-----------------
Form 13F Information Table Value Total: $323,685
-----------------
(thousands)
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.
(If there are no entries in this list, state "NONE" and omit the column
headings and list entries.)
No. Form 13F File Number Name
NONE
---- -------- --------------
(Repeat as necessary.)
<PAGE>
THE WASHINGTON TRUST COMPANY SECURITIES AND EXCHANGE COMMISSION FORM
13-F 04/30/99 PAGE 1
AS OF
03/31/99
- - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
DAIMLERCHRYSLER AG ORD D1668R123 455 5,299 SH
X 1 4,552 623 124
DAIMLERCHRYSLER AG ORD D1668R123 219 2,552 SH
X X 1 1,370 1,058 124
A T & T CO 001957109 3,848 48,209 SH
X 1 41,999 2,700 3,510
A T & T CO 001957109 808 10,125 SH
X X 1 6,821 1,654 1,650
ABBOTT LABORATORIES INC 002824100 978 20,886 SH
X 1 20,486 400
ABBOTT LABORATORIES INC 002824100 304 6,500 SH
X X 1 6,500
AETNA INC 008117103 66 800 SH
X 1 700 100
COM
AETNA INC 008117103 215 2,587 SH
X X 1 1,537 1,050
COM
AIR PRODUCTS & CHEMICALS INC 009158106 257 7,500 SH
X 1 7,500
AIR PRODUCTS & CHEMICALS INC 009158106 31 900 SH
X X 1 900
AIRTOUCH COMMUNICATIONS 00949T100 202 2,093 SH
X 1 705 900 488
AIRTOUCH COMMUNICATIONS 00949T100 57 591 SH
X X 1 204 387
ALCOA INC 013817101 1,766 42,884 SH
X 1 37,584 3,900 1,400
ALCOA INC 013817101 185 4,500 SH
X X 1 3,900 600
AMERICA ONLINE INC 02364J104 678 4,615 SH
X 1 4,575 40
COM
AMERICA ONLINE INC 02364J104 176 1,200 SH
X X 1 200 1,000
COM
AMERICAN EXPRESS 025816109 179 1,524 SH
X 1 1,524
AMERICAN EXPRESS 025816109 177 1,500 SH
X X 1 500 1,000
AMERICAN HOME PRODUCTS 026609107 4,243 65,034 SH
X 1 57,980 1,200 5,854
AMERICAN HOME PRODUCTS 026609107 3,344 51,248 SH
X X 1 33,448 2,400 15,400
AMERICAN INT'L GROUP 026874107 452 3,746 SH
X 1 3,746
AMERICAN INT'L GROUP 026874107 513 4,256 SH
X X 1 464 1,896 1,896
AMERICAN POWER CONVERSION 029066107 524 19,400 SH
X 1 17,900 1,500
AMERICAN POWER CONVERSION 029066107 266 9,843 SH
X X 1 8,343 600 900
AMERITECH CORP NEW 030954101 327 5,682 SH
X 1 3,518 2,164
AMERITECH CORP NEW 030954101 286 4,956 SH
X X 1 3,752 804 400
AMGEN INC 031162100 5,316 70,995 SH
X 1 63,695 2,800 4,500
AMGEN INC 031162100 846 11,300 SH
X X 1 8,700 2,600
ASHAWAY LINE & TWINE 043990100 977 1,648 SH
X X 1 1,648
ASSOCIATES FIRST CAP CORP 046008108 243 5,394 SH
X 1 5,224 170
CL A
ASSOCIATES FIRST CAP CORP 046008108 49 1,078 SH
X X 1 1,078
CL A
ATLANTIC RICHFIELD 048825103 481 6,572 SH
X 1 6,172 400
ATLANTIC RICHFIELD 048825103 225 3,080 SH
X X 1 1,080 1,800 200
AUTOMATED CASH MGMT TR #75 052903101 146 145,960 SH
X 1 145,960
SH BEN INT
AUTOMATIC DATA PROCESSING 053015103 1,184 28,620 SH
X 1 27,900 720
AUTOMATIC DATA PROCESSING 053015103 151 3,640 SH
X X 1 3,640
BP AMOCO P L C ADR SPONSORED 055622104 1,446 14,320 SH
X 1 14,101 219
BP AMOCO P L C ADR SPONSORED 055622104 978 9,687 SH
X X 1 1,894 7,529 264
BANK OF NEW YORK 064057102 233 6,496 SH
X 1 6,496
BANKAMERICA CORP NEW 06605F102 345 4,887 SH
X 1 4,596 291
COM
BANKAMERICA CORP NEW 06605F102 53 748 SH
X X 1 748
COM
BECTON DICKINSON & CO 075887109 605 15,800 SH
X 1 15,800
BECTON DICKINSON & CO 075887109 31 800 SH
X X 1 800
BELL ATLANTIC 077853109 2,229 43,120 SH
X 1 36,536 1,600 4,984
BELL ATLANTIC 077853109 1,332 25,766 SH
X X 1 18,508 4,498 2,760
BELLSOUTH 079860102 1,264 31,554 SH
X 1 29,054 2,500
BELLSOUTH 079860102 737 18,384 SH
X X 1 15,736 1,208 1,440
BELO A H CORP 080555105 475 26,022 SH
X 1 26,022
COM SER A
BIOTECH HLDGS LTD 090938101 10 15,000 SH
X 1 15,000
COM
BLACKROCK INCOME TRUST 09247F100 97 14,300 SH
X 1 12,800 1,500
BLACKROCK INCOME TRUST 09247F100 25 3,700 SH
X X 1 3,700
BOEING CO 097023105 207 6,100 SH
X 1 2,900 3,200
BOEING CO 097023105 43 1,268 SH
X X 1 568 700
BRISTOL MYERS SQUIBB CO 110122108 1,977 30,828 SH
X 1 26,428 1,600 2,800
BRISTOL MYERS SQUIBB CO 110122108 911 14,200 SH
X X 1 13,800 400
BURLINGTON NORTHERN SANTA FE 12189T104 283 8,600 SH
X 1 7,100 1,500
BURLINGTON NORTHERN SANTA FE 12189T104 80 2,420 SH
X X 1 1,020 800 600
CIGNA CORP 125509109 1,056 12,600 SH
X 1 12,600
CIGNA CORP 125509109 101 1,200 SH
X X 1 1,200
CSX CORPORATION 126408103 730 18,750 SH
X 1 17,600 400 750
CSX CORPORATION 126408103 187 4,810 SH
X X 1 3,110 900 800
CVS CORP 126650100 181 3,800 SH
X 1 3,800
COM
CVS CORP 126650100 157 3,300 SH
X X 1 3,300
COM
CAMPBELL SOUP CO 134429109 227 5,580 SH
X 1 5,200 380
CHEVRON CORP 166751107 1,148 12,934 SH
X 1 11,158 400 1,376
CHEVRON CORP 166751107 254 2,866 SH
X X 1 1,350 1,516
CHUBB CORP 171232101 1,039 17,740 SH
X 1 17,740
CHUBB CORP 171232101 182 3,100 SH
X X 1 800 2,300
CISCO SYSTEMS 17275R102 5,945 54,260 SH
X 1 48,424 1,612 4,224
CISCO SYSTEMS 17275R102 935 8,537 SH
X X 1 6,487 550 1,500
CITIGROUP INC 172967101 837 13,097 SH
X 1 10,345 2,000 752
COM
CITIGROUP INC 172967101 547 8,571 SH
X X 1 7,896 675
COM
COCA COLA COMPANY 191216100 831 13,534 SH
X 1 13,174 360
COCA COLA COMPANY 191216100 593 9,663 SH
X X 1 5,633 4,030
COMPAQ COMPUTER CORP 204493100 978 30,875 SH
X 1 27,375 3,500
COMPAQ COMPUTER CORP 204493100 32 1,000 SH
X X 1 1,000
CORNING INC 219350105 192 3,200 SH
X 1 3,200
CORNING INC 219350105 321 5,344 SH
X X 1 5,344
DAYTON HUDSON CORP W/RTS TO PUR. 239753106 400 6,000 SH
X X 1 6,000
P/STK UNDER CERTAIN
DEERE & CO 244199105 1,024 26,500 SH
X 1 25,350 600 550
DEERE & CO 244199105 133 3,450 SH
X X 1 1,450 2,000
DELL COMPUTER CORP 247025109 237 5,800 SH
X 1 5,800
COM
DISNEY WALT 254687106 2,404 77,250 SH
X 1 71,850 3,100 2,300
DISNEY WALT 254687106 410 13,160 SH
X X 1 5,875 2,988 4,297
DONNELLEY R R & SONS CO 257867101 193 6,000 SH
X 1 6,000
DONNELLEY R R & SONS CO 257867101 32 1,000 SH
X X 1 1,000
DOW CHEMICAL 260543103 196 2,106 SH
X 1 1,906 200
DOW CHEMICAL 260543103 65 700 SH
X X 1 600 100
DUPONT & CO 263534109 3,709 63,886 SH
X 1 60,486 1,000 2,400
DUPONT & CO 263534109 1,638 28,207 SH
X X 1 10,275 15,638 2,294
DUKE POWER COMPANY 264399106 687 12,539 SH
X 1 11,539 1,000
DUKE POWER COMPANY 264399106 123 2,250 SH
X X 1 1,900 350
EASTMAN KODAK 277461109 339 5,312 SH
X 1 4,032 400 880
EASTMAN KODAK 277461109 668 10,462 SH
X X 1 9,937 200 325
EATON VANCE NAT'L MUNI FUND 27826L108 127 11,979 SH
X 1 11,979
EATON VANCE NAT'L MUNI FUND 27826L108 36 3,373 SH
X X 1 3,373
ENRON CORP 293561106 193 3,000 SH
X 1 3,000
ENRON CORP 293561106 51 800 SH
X X 1 800
EXXON CORP 302290101 3,734 52,914 SH
X 1 50,903 2,011
EXXON CORP 302290101 4,267 60,465 SH
X X 1 36,113 22,580 1,772
F P L GROUP, INC. 302571104 876 16,453 SH
X 1 15,953 500
F P L GROUP, INC. 302571104 264 4,962 SH
X X 1 4,062 600 300
FEDERAL NATIONAL MORTGAGE 313586109 4,239 61,213 SH
X 1 54,513 1,900 4,800
ASSOCIATION
FEDERAL NATIONAL MORTGAGE 313586109 812 11,730 SH
X X 1 9,730 1,100 900
ASSOCIATION
FEDERATED GNMA TRUST FD #16 314184102 143 12,628 SH
X 1 12,628
FEDERATED HIGH YIELD TRUST #38 314197104 3,799 422,160 SH
X 1 406,621 2,964 12,573
FEDERATED HIGH YIELD TRUST #38 314197104 498 55,338 SH
X X 1 23,025 23,035 9,276
FEDERATED INCOME TRUST FUND #36 314199100 8,982 870,338 SH
X 1 808,725 3,624 57,988
FEDERATED INCOME TRUST FUND #36 314199100 1,794 173,877 SH
X X 1 145,856 22,881 5,139
FEDERATED SHORT TERM INCOME FD #65 31420C209 406 46,796 SH
X 1 33,664 13,132
FEDERATED SHORT TERM INCOME FD #65 31420C209 250 28,843 SH
X X 1 15,941 12,902
FEDERATED INTERMEDIATE MUNICIPAL #78 314201104 247 23,115 SH
X 1 18,012 5,103
FEDERATED INTERMEDIATE MUNICIPAL #78 314201104 410 38,384 SH
X X 1 37,282 1,102
FEDERATED USGVT SECS: 1-3 YR 31428M100 2,567 245,208 SH
X 1 231,387 13,820
FUND #09
FEDERATED USGVT SECS: 1-3 YR 31428M100 255 24,391 SH
X X 1 24,391
FUND #09
FEDERATED USGVT SECS FD 5-10 FD# 648 31428S206 321 31,303 SH
X 1 31,303
SBI INSTL SV SH
FEDERATED USGVT SECS FD 5-10 FD# 648 31428S206 90 8,809 SH
X X 1 4,498 4,311
SBI INSTL SV SH
SPARTAN (FORMERLY FIDELITY) MUNI 316089507 177 13,874 SH
X 1 13,874
INCOME
FIDELITY FD GOVT INC FD #54 316172105 4,378 443,600 SH
X 1 412,511 31,088
FIDELITY FD GOVT INC FD #54 316172105 294 29,789 SH
X X 1 27,126 1,506 1,156
FINANCIAL INSTITUTIONS INC 317585107 236 289 SH
X 1 289
COMMON
FIRST DATA CORP 319963104 229 5,350 SH
X 1 5,350
FIRST UNION CORP 337358105 312 5,842 SH
X 1 5,842
FIRST UNION CORP 337358105 34 640 SH
X X 1 640
FLEET FINANCIAL GROUP INC 338915101 2,868 76,222 SH
X 1 68,488 2,400 5,334
FLEET FINANCIAL GROUP INC 338915101 558 14,822 SH
X X 1 14,022 800
FORD MOTOR CO 345370100 3,307 58,330 SH
X 1 50,917 7,413
FORD MOTOR CO 345370100 311 5,494 SH
X X 1 5,494
FRANKLIN CUSTODIAN FDS INC 353496847 38 16,888 SH
X 1 16,888
INC SER ADV CL #609
GTE CORP 362320103 3,435 56,773 SH
X 1 49,304 1,428 6,041
GTE CORP 362320103 1,418 23,435 SH
X X 1 19,173 1,600 2,662
GANNETT CO INC 364730101 178 2,825 SH
X 1 2,125 200 500
GANNETT CO INC 364730101 164 2,600 SH
X X 1 2,600
GENERAL ELECTRIC CO 369604103 17,797 160,881 SH
X 1 148,785 3,086 9,010
GENERAL ELECTRIC CO 369604103 8,769 79,269 SH
X X 1 40,397 28,572 10,300
GENERAL MOTORS 370442105 143 1,641 SH
X 1 1,641
GENERAL MOTORS 370442105 112 1,284 SH
X X 1 806 478
GILLETTE CO 375766102 816 13,726 SH
X 1 12,226 1,500
GILLETTE CO 375766102 317 5,325 SH
X X 1 5,000 325
GLAXO PLC 37733W105 321 4,792 SH
X 1 4,792
SPONSORED ADR
GOODYEAR TIRE & RUBBER 382550101 455 9,144 SH
X 1 9,144
GOODYEAR TIRE & RUBBER 382550101 38 760 SH
X X 1 360 400
H J HEINZ 423074103 53 1,125 SH
X 1 1,125
H J HEINZ 423074103 156 3,300 SH
X X 1 1,800 1,500
HEWLETT PACKARD CO 428236103 480 7,075 SH
X 1 5,775 1,300
HEWLETT PACKARD CO 428236103 156 2,300 SH
X X 1 1,700 100 500
HOME DEPOT INC 437076102 5,372 86,300 SH
X 1 78,706 4,000 3,594
HOME DEPOT INC 437076102 918 14,753 SH
X X 1 7,275 798 6,680
ILLINOIS TOOL WORKS INC 452308109 996 16,100 SH
X 1 15,800 300
ILLINOIS TOOL WORKS INC 452308109 93 1,500 SH
X X 1 800 700
INTEL CORP 458140100 3,956 33,275 SH
X 1 25,775 2,900 4,600
INTEL CORP 458140100 919 7,730 SH
X X 1 5,430 2,300
IBM 459200101 1,270 7,167 SH
X 1 5,772 200 1,195
IBM 459200101 814 4,594 SH
X X 1 4,194 400
FEDERATED INTERNATIONAL INCOME #109 46031P100 2,778 260,143 SH
X 1 255,787 4,356
FEDERATED INTERNATIONAL INCOME #109 46031P100 733 68,596 SH
X X 1 51,490 13,670 3,436
JOHNSON & JOHNSON 478160104 2,694 28,816 SH
X 1 25,716 2,200 900
JOHNSON & JOHNSON 478160104 1,054 11,278 SH
X X 1 9,078 800 1,400
KIMBERLY CLARK 494368103 1,023 21,332 SH
X 1 19,272 1,560 500
KIMBERLY CLARK 494368103 333 6,941 SH
X X 1 3,929 1,012 2,000
LUCENT TECHNOLOGIES INC 549463107 7,351 68,068 SH
X 1 60,944 2,218 4,906
LUCENT TECHNOLOGIES INC 549463107 1,202 11,127 SH
X X 1 7,319 1,840 1,968
MCI WORLDCOM INC 55268B106 2,001 22,596 SH
X 1 20,534 2,000 62
MCI WORLDCOM INC 55268B106 71 800 SH
X X 1 800
MFS INTER INCOME TRUST 55273C107 59 8,850 SH
X 1 8,850
SH BEN INT
MFS INTER INCOME TRUST 55273C107 25 3,700 SH
X X 1 3,700
SH BEN INT
MFS HIGH INCOME FD CL A #18 552984106 183 34,752 SH
X 1 31,878 2,873
MFS HIGH INCOME FD CL A #18 552984106 34 6,402 SH
X X 1 6,402
MAINSTAY FDS 56062F665 431 8,414 SH
X 1 8,414
CAP APPREC FD A
MARSH & MCLENNAN COS INC 571748102 22 300 SH
X 1 300
MARSH & MCLENNAN COS INC 571748102 290 3,900 SH
X X 1 1,500 2,400
MARRIOTT INTL INC NEW 571903202 185 5,500 SH
X 1 5,100 400
CL A
MARRIOTT INTL INC NEW 571903202 27 800 SH
X X 1 800
CL A
MASCO CORP 574599106 316 11,200 SH
X 1 11,200
COM
MCDONALD'S CORP 580135101 2,923 64,496 SH
X 1 58,096 3,000 3,400
MCDONALD'S CORP 580135101 181 4,000 SH
X X 1 2,800 1,200
MCGRAW-HILL 580645109 5,398 99,055 SH
X 1 88,755 4,000 6,300
MCGRAW-HILL 580645109 719 13,200 SH
X X 1 9,800 800 2,600
MEDIAONE GROUP INC 58440J104 1,745 27,510 SH
X 1 27,510
COM
MEDIAONE GROUP INC 58440J104 36 573 SH
X X 1 100 473
COM
MEDTRONIC INC 585055106 4,420 61,500 SH
X 1 58,625 1,300 1,575
MEDTRONIC INC 585055106 445 6,195 SH
X X 1 5,395 800
MERCK & CO INC 589331107 7,567 94,438 SH
X 1 88,638 1,800 4,000
MERCK & CO INC 589331107 2,288 28,560 SH
X X 1 24,950 1,050 2,560
MICROSOFT CORP 594918104 8,695 97,010 SH
X 1 77,210 7,600 12,200
MICROSOFT CORP 594918104 1,233 13,760 SH
X X 1 7,560 1,400 4,800
MINNESOTA MINING & MANUFACTURING 604059105 2,262 31,970 SH
X 1 26,920 1,100 3,950
MINNESOTA MINING & MANUFACTURING 604059105 357 5,050 SH
X X 1 3,390 360 1,300
MOBIL CORP 607059102 4,421 50,234 SH
X 1 44,084 600 5,550
MOBIL CORP 607059102 3,808 43,277 SH
X X 1 31,071 9,236 2,970
MONSANTO CO 611662107 1,862 40,535 SH
X 1 36,635 3,650 250
MONSANTO CO 611662107 200 4,350 SH
X X 1 3,600 750
MORGAN J P & CO 616880100 2,666 21,605 SH
X 1 21,401 204
MORGAN J P & CO 616880100 694 5,626 SH
X X 1 3,476 1,100 1,050
MORGAN STANLEY DEAN WITTER DISCOVER 617446448 19 194 SH
X 1 194
COM NEW
MORGAN STANLEY DEAN WITTER DISCOVER 617446448 544 5,445 SH
X X 1 2,475 2,970
COM NEW
MOTOROLA INC 620076109 4,501 61,444 SH
X 1 56,424 2,000 3,020
MOTOROLA INC 620076109 636 8,685 SH
X X 1 7,035 800 850
FEDERATED PENN. MUNI INCOME FD #311 625922505 148 12,523 SH
X 1 12,523
NCS HEALTHCARE INC 628874109 144 12,000 SH
X 1 12,000
CL A
NOKIA CORP 654902204 222 1,425 SH
X 1 925 500
SPONSORED ADR
NORTHERN TELECOM LTD 665815106 547 8,800 SH
X 1 8,800
COM
P P & L RES INC 693499105 97 3,900 SH
X 1 3,900
COM
P P & L RES INC 693499105 139 5,625 SH
X X 1 4,625 1,000
COM
PEOPLES BANK, BRIDGEPORT CT 710198102 211 7,100 SH
X 1 5,900 1,200
COM
PEOPLES BANK, BRIDGEPORT CT 710198102 12 400 SH
X X 1 400
COM
PEPSICO INC 713448108 5,112 130,443 SH
X 1 118,383 6,300 5,760
PEPSICO INC 713448108 1,352 34,490 SH
X X 1 23,390 5,300 5,800
PFIZER INC 717081103 10,320 74,377 SH
X 1 69,299 1,700 3,378
PFIZER INC 717081103 2,629 18,950 SH
X X 1 17,300 800 850
PHILIP MORRIS COMPANIES 718154107 1,291 36,680 SH
X 1 31,480 3,000 2,200
PHILIP MORRIS COMPANIES 718154107 703 19,980 SH
X X 1 16,980 900 2,100
PITNEY BOWES INC 724479100 485 7,600 SH
X 1 7,600
PITNEY BOWES INC 724479100 325 5,100 SH
X X 1 5,100
PROCTER & GAMBLE CO 742718109 2,268 23,153 SH
X 1 21,121 1,000 1,032
PROCTER & GAMBLE CO 742718109 615 6,280 SH
X X 1 2,430 700 3,150
PUTNAM PREMIER INCOME TR 746853100 190 24,900 SH
X 1 23,700 1,200
SH BEN INT
PUTNAM PREMIER INCOME TR 746853100 76 10,000 SH
X X 1 8,500 1,500
SH BEN INT
RAYTHEON CO 755111408 164 2,800 SH
X 1 2,600 200
CL B
RAYTHEON CO 755111408 59 1,000 SH
X X 1 600 400
CL B
RESEARCH PRODUCTS CORP 755240991 210 9,600 SH
X 1 9,600
ROYAL DUTCH PETE CO NY 780257804 586 11,262 SH
X 1 10,462 800
ROYAL DUTCH PETE CO NY 780257804 297 5,712 SH
X X 1 1,480 1,600 2,632
SBC COMMUNICATIONS INC 78387G103 3,955 83,813 SH
X 1 73,230 1,316 9,267
SBC COMMUNICATIONS INC 78387G103 1,608 34,086 SH
X X 1 24,207 6,863 3,016
SARA LEE CORP 803111103 1,795 72,532 SH
X 1 72,132 400
SARA LEE CORP 803111103 183 7,390 SH
X X 1 2,500 1,000 3,890
SCHERING-PLOUGH CORP 806605101 909 16,456 SH
X 1 16,456
SCHERING-PLOUGH CORP 806605101 1,591 28,800 SH
X X 1 15,200 8,000 5,600
SCHLUMBERGER LTD 806857108 1,012 16,815 SH
X 1 16,815
SCHLUMBERGER LTD 806857108 205 3,412 SH
X X 1 3,062 350
SMITHKLINE BEECHAM OLC ADR REP ORD 832378301 408 5,709 SH
X 1 5,709
A
SOLID STATE TECHNOLOGY INC 834209108 1 20,000 SH
X X 1 20,000
COM
SPRINT CORP 852061100 465 4,739 SH
X 1 4,739
SPRINT CORP 852061100 63 637 SH
X X 1 637
SUN MICROSYSTEMS 866810104 863 6,900 SH
X 1 6,900
SUN MICROSYSTEMS 866810104 63 500 SH
X X 1 500
TENNECO INC NEW 88037E101 555 19,850 SH
X 1 19,850
COM
TENNECO INC NEW 88037E101 22 800 SH
X X 1 800
COM
TEXACO INC 881694103 2,756 48,556 SH
X 1 44,326 1,300 2,930
TEXACO INC 881694103 628 11,060 SH
X X 1 8,850 950 1,260
TEXAS INSTRUMENTS 882508104 1,052 10,600 SH
X 1 9,300 1,000 300
TEXAS INSTRUMENTS 882508104 201 2,030 SH
X X 1 1,880 150
TRI CONTINENTAL CORP 895436103 69 2,381 SH
X 1 2,381
TRI CONTINENTAL CORP 895436103 232 8,003 SH
X X 1 8,003
UNION PACIFIC CORP 907818108 320 5,980 SH
X 1 5,680 300
UNION PACIFIC CORP 907818108 32 600 SH
X X 1 200 400
U S WEST INC NEW 91273H101 138 2,503 SH
X 1 2,003 500
COM
U S WEST INC NEW 91273H101 265 4,810 SH
X X 1 4,324 485
COM
UNITED TECHNOLOGIES CORP 913017109 569 4,200 SH
X 1 2,250 1,350 600
UNITED TECHNOLOGIES CORP 913017109 374 2,760 SH
X X 1 2,460 300
VAN KAMP AME CAP GVT SECS FD 92113F107 136 13,391 SH
X 1 13,391
CL A
WAL MART STORES INC 931142103 5,568 60,397 SH
X 1 59,197 200 1,000
WAL MART STORES INC 931142103 1,733 18,800 SH
X X 1 18,600 200
WARNER LAMBERT CO 934488107 1,551 23,418 SH
X 1 20,818 2,100 500
WARNER LAMBERT CO 934488107 72 1,090 SH
X X 1 450 140 500
WASHINGTON TRUST BANCORP INC 940610108 9,865 576,047 SH
X 1 509,371 6,055 60,621
WASHINGTON TRUST BANCORP INC 940610108 4,574 267,066 SH
X X 1 167,451 59,977 39,638
WELLS FARGO & CO NEW 949746101 998 28,450 SH
X 1 25,750 2,700
COM
WELLS FARGO & CO NEW 949746101 105 3,000 SH
X X 1 2,500 400 100
COM
XEROX CORP 984121103 2,823 54,150 SH
X 1 51,750 2,000 400
XEROX CORP 984121103 375 7,200 SH
X X 1 5,050 550 1,600
CRANBERRY POND ASSOCIATES LTD PART. 990090193 13 12,868 SH
X X 1 12,868
UNDIVIDED 1/2 INTEREST
EXEC LIFE ANNUITY $19,207.15 990122343 0 19,207 SH
X X 1 19,207
MATURES 6-1-92
THORP & TRAINER INC 990868002 389 74 SH
X 1 74
----------
FINAL TOTALS 323,685
