HENDERSON FUND MANAGEMENT PLC
13F-HR, 1999-06-04
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<TABLE>                           <C>                                     <C>


                                                            FORM 13F
                                                                                                               (SEC USE ONLY)
                                                        Name of Reporting Manager___Henderson Fund Management plc
                                                                                                                       Item 8:
             Item 1:               Item 2:     Item 3:    Item 4:     Item 5           Item 6:        Item 7:          Voting
         Name of Issuer           Title of      CUSIP      Fair     Shares or         Investment DiscrMgers            authority
                                    Class      Number     Market    Principal                         See              (Shares)
                                                           Value      Amount            Shared        Instr.V
                                                         (x$1000)               Sole    As in  Shared          Sole    Shared   None
                                                                                      Instr. V Other
3 COM COM STK NPV                COM STK       885535104                  58620
ABBOTT LABS                      COM STK         2824100       6439               X                                 137,540
AETNA INC                        COM STK         8117103        357               X                                     4,299
AFLAC INC                        COM STK         1055102        413               X                                     7,572
AIR PRODS & CHEMS INC            COM STK         9158106        250               X                                     7,287
AIRTOUCH COMMUNICATIONS INC      COM STK      00949T100        4621               X                                   47,821
ALBERTSON'S INC                  COM STK        13104104      15811               X                                 290,443
ALLEGHANY TELEDYNE INC           COM STK        17415100        163               X                                     8,560
ALLSTATE Corp                    COM STK        20002101       2522               X                                   68,038
ALUMINUM CO AMER                 COM STK        13817101        447               X                                   10,835
AMER ELEC PWR INC                COM STK        25537101        213               X                                     5,360
AMERICA ONLINE INC DEL           COM STK      02364J104       35577               X                                 242,020
AMERICAN EXPRESS CO              COM STK        25816109      52221               X                                 443,490
AMERICAN HOME PROD CORP          COM STK        26609107      22293               X                                 341,648
AMERICAN INTL GRP INC            COM STK        26874107      86240               X                                 714,937
AMERICAN STORES CO NEW           COM STK        30096101      15007               X                                 454,750
AMERITECH CORP NEW               COM STK        30954101       8373               X                                 145,300
AMP INC                          COM STK        31897101        332               X                                     6,199
AMR CORP                         COM STK         1765106        311               X                                     5,302
ANADARKO PETE CORP               COM STK        32511107       2167               X                                   57,400
ANHEUSER-BUSCH COS INC           COM STK        35229103       2328               X                                   30,572
AON CORP                         COM STK        37389103        296               X                                     4,674
APPLE COMPUTER INC               COM STK        37833100        153               X                                     4,231
APPLIED MATERIALS INC            COM STK        38222105        630               X                                   10,205
ARCHER DANIELS MIDLAND CO        COM STK        39483102        269               X                                   18,258
ASCEND COMMS INC                 COM STK        43491109        487               X                                     5,819
ASSOCIATES FIRST CAPITAL CORP    COM STK        46008108      29768               X                                 661,500
AT & T CORP                      COM STK         1957109      74154               X                                 929,100
                                                                  0
AT&T CORP                        COM STK         1957208        821               X                                   15,631
ATLANTIC RICHFIELD CO            COM STK        48825103       1612               X                                   22,033
AUTO DATA PROCESS COM STK US$0.1 COM STK        53015103       1648               X                                   39,823
AVERY DENNISON CORP              COM STK        53611109        207               X                                     3,591
AVON PRODS INC                   COM STK        54303102        370               X                                     7,850
BAKER HUGHES INC                 COM STK        57224107        301               X                                   12,349
BALTIMORE GAS & ELECTRIC CO      COM STK        59165100        172               X                                     6,775
BANK OF NEW YORK INC             COM STK        64057102       1925               X                                   53,565
BANK ONE CORP                    COM STK      06423A103        5487               X                                   99,645
BANKAMERICA CORP                 COM STK      06605F102       12154               X                                 172,085
BANKBOSTON CORP                  COM STK      06605R106         369               X                                     8,500
BANKERS TR CORP                  COM STK        66365107        265               X                                     3,000
BAXTER INTL INC                  COM STK        71813109      20549               X                                 311,348
BECTON DICKINSON & CO            COM STK        75887109      26217               X                                 684,292
BELL ATLANTIC CORP               COM STK        77853109      25164               X                                 486,830
BELLSOUTH CORP                   COM STK        79860102       6907               X                                 172,396
BESTFOODS                        COM STK      08658U101       15750               X                                 335,100
BLACK & DECKER CORP              COM STK        91797100        203               X                                     3,647
BLOCK (H&R) COM STK NPV          COM STK        93671105        174               X                                     3,656
BMC SOFTWARE                     COM STK        55921100        243               X                                     6,546
BOEING CO                        COM STK        97023105       2381               X                                   70,021
BP AMOCO CORP                    ADR            55622104       3828               X                                   37,895
BRISTOL MYERS SQUIBB CO          COM STK       110122108      65248           1   X                              1,017,503
BROWNING-FERRIS INDS             COM STK       115885105        205               X                                     5,300
BURLINGTON NORTHERN SANTA FE CP  COM STK      12189T104        1213               X                                   36,883
CAMPBELL SOUP COM STK US$0.038   COM STK       134429109       2276               X                                   55,927
CARNIVAL CORP                    COM STK       143658102       1945               X                                   40,031
CAROLINA PWR & LT CO             COM STK       144141108        191               X                                     5,047
CATERPILLAR INC DEL              COM STK       149123101       1143               X                                   24,880
CBS CORP                         COM STK      12490K107        2306               X                                   56,494
CENDANT CORP                     COM STK       151313103        388               X                                   24,319
CENTRAL & SOUTH WEST CORP        COM STK       152357109        179               X                                     7,605
CERIDIAN CORP                    COM STK      15677T106       41281           1   X                              1,129,040
CHAMPION INTERNATIONAL COM STK USCOM STK       158525105        144               X                                     3,500
CHASE MANHATTAN CORP NEW         COM STK      16161A108        1953               X                                   24,000
CHEVRON CORPORATION              COM STK       166751107       4201               X                                   47,330
CHUBB CORP                       COM STK       171232101        284               X                                     4,837
CIGNA CORP                       COM STK       125509109       1342               X                                   16,006
CISCO SYSTEMS INC                COM STK      17275R102       71050               X                                 648,482
CITIGROUP                        COM STK       172967101      63371               X                                 992,098
CLOROX COM STK US$1              COM STK       189054109        384               X                                     3,276
COASTCAST CORP                   COM STK       190441105        259               X                                     7,827
COCA COLA CO ENTERPRISE INC      COM STK       191216100      35354               X                                 576,030
COLGATE-PALMOLIVE CO             COM STK       194162103      15751               X                                 171,200
COLUMBIA ENERGY GROUP            COM STK       197648108        188               X                                     3,593
COLUMBIA HEALTHCARE CORP         COM STK       197677107        818               X                                   43,182
COMCAST CORP                     COM STK       200300200        252               X                                     4,000
COMERICA INC                     COM STK       200340107        288               X                                     4,607
COMPAQ COMPUTER CORP             COM STK       204493100       3239               X                                 102,200
COMPUTER ASSOC INT INC           COM STK       204912109       1635               X                                   45,972
CONAGRA INC                      COM STK       205887102        847               X                                   33,046
CONS EDISON INC                  COM STK       209115104        292               X                                     6,441
CONSOLIDATED NATURAL GAS CO      COM STK       209615103        186               X                                     3,815
COOPER INDS INC                  COM STK       216669101        180               X                                     4,200
CORNING INC                      COM STK       219350105        399               X                                     6,650
COUNTRYWIDE CR INDS INC DEL      COM STK       222372104        160               X                                     4,262
CROWN CORK & SEAL INC            COM STK       228255105        155               X                                     5,396
CSX CORP                         COM STK       126408103        276               X                                     7,081
CVS CORP                         COM STK       126650100      55928           1   X                              1,177,424
DARDEN RESTAURANTS INC           COM STK       237194105        129               X                                     6,251
DAYTON-HUDSON CORP               COM STK       239753106       1963               X                                   29,454
DEERE & CO                       COM STK       244199105        290               X                                     7,500
DELL COMPUTERS CORP              COM STK       247025109      20099               X                                 491,700
DELTA AIR LINES INC DEL          COM STK       247361108        289               X                                     4,152
DELUXE CORP                      COM STK       248019101        131               X                                     4,473
DIAL CORP NEW                    COM STK      25247D101         159               X                                     4,618
DISNEY(WALT)CO                   COM STK       254687106       5406               X                                 173,672
DOMINION RES INC VA              COM STK       257470104        216               X                                     5,822
DOVER CORP                       COM STK       260003108        236               X                                     7,153
DOW CHEM CO                      COM STK       260543103       1358               X                                   14,569
DOW JONES & CO INC               COM STK       260561105        193               X                                     4,071
DTE ENERGY CO                    COM STK       233331107        186               X                                     4,837
DU PONT (EI) DE NUMOURS & CO     COM STK       263534109      24877               X                                 428,448
DUKE ENERGY CORP                 COM STK       264399106       1249               X                                   22,786
DUN & BRADSTREET CORP            COM STK      26483B106         176               X                                     4,927
EASTMAN CHEM CO                  COM STK       277432100        129               X                                     3,050
EASTMAN KODAK CO                 COM STK       277461109       1428               X                                   22,344
EATON CORP                       COM STK       278058102        225               X                                     3,139
ELAN PLC                         ADR           284131208        279               X                                     4,000
ELECTRONIC DATA SYS NEW          COM STK       285661104       1686               X                                   34,629
EMC CORP MASSACHUSETTS           COM STK       268648102      44459               X                                 348,008
ENRON CORP                       COM STK       293561106       1467               X                                   22,832
ENTERGY CORP NEW                 COM STK      29364G103         216               X                                     7,840
                                                                  0
EQUITY OFFICE PROPERTIES TRUST   COM STK       294741103        235               X                                     9,240
EQUITY RESIDENTIAL PPTYS TR      COM STK      29476L107         204               X                                     4,933
ESAT TELECOM ADR REP 2 ORD 1P    ADR (& GDR F 26883Y102        1555               X                                   37,117
EXXON CORP                       COM STK       302290101      67133               X                                 951,387
FAMILY DOLLAR STORES INC         COM STK       307000109       3018               X                                 131,200
FANNIE MAE                       COM STK       313586109      41276               X                                 596,041
FDX  COM STK US$0.10             COM STK      31304N107         400               X                                     4,300
FIRST DATA CORP                  COM STK       319963104       1473               X                                   34,447
FIRST ENERGY COM STK US$0.10     COM STK       337932107        198               X                                     7,052
FIRST UNION CORP                 COM STK       337358105       4400               X                                   82,323
FLEET FINL GROUP INC NEW         COM STK       338915101       1505               X                                   39,998
FLUOR CORP                       COM STK       343861100        118               X                                     4,342
FOMENTO ECONOMICO MEXICANO       ADR (& GDR F  344419106        712               X                                   23,000
FORT JAMES CORP                  COM STK       347471104        236               X                                     7,423
FPL GROUP COM STK US$0.01        COM STK       302571104        250               X                                     4,682
FREDDIE MAC                      COM STK       313400301       2436               X                                   42,500
GANNETT INC                      COM STK       364730101      38434               X                                 610,054
GAP INC DEL                      COM STK       364760108       2789               X                                   41,431
GEN PUB UTILITIES                COM STK      36225X100         181               X                                     4,838
GENERAL DYNAMICS CORP            COM STK       369550108        219               X                                     3,393
GENERAL ELECTRIC CO              COM STK       369604103     155829           1   X                              1,408,616
GENERAL MLS INC                  COM STK       370334104        311               X                                     4,105
GENERAL MTRS CORP                COM STK       370442105       4927               X                                   56,621
GENSET                           ADR          37244T104         316               X                                   20,500
GENUINE PARTS CO                 COM STK       372460105        175               X                                     6,055
GEORGIA PAC CORP                 COM STK       373298108        208               X                                     2,800
GILLETTE CO                      COM STK       375766102      32482               X                                 546,481
GLOBAL TELESYSTEMS GROUP         COM STK      37936U104        7262               X                                 129,822
GOLDEN WEST FINL CORP DEL        COM STK       381317106        201               X                                     2,104
GOODYEAR TIRE & RUBBER CO        COM STK       382550101        279               X                                     5,590
GRAINGER (WW) INC                COM STK       384802104        159               X                                     3,679
HALLIBURTON CO                   COM STK       406216101       2087               X                                   54,204
HARLEY DAVIDSON INC              COM STK       412822108        279               X                                     4,850
HARRIS CORP                      COM STK       413875105        156               X                                     5,449
HARTFORD FINL SVCS GROUP INC     COM STK       416515104        346               X                                     6,080
HEALTHSOUTH CORP                 COM STK       421924101        169               X                                   16,244
HEINZ (HJ) CO                    COM STK       423074103       1113               X                                   23,477
HEWLETT-PACKARD CO               COM STK       428236103       6018               X                                   88,736
HILTON HOTEL CORP                COM STK       432848109        149               X                                   10,568
HOME DEPOT INC                   COM STK       437076102      10136               X                                 162,825
HOUSEHOLD INTERNATIONAL INC      COM STK       441815107      23831               X                                 522,311
HOUSTON INDUSTRIES INC           COM STK      75952J108         227               X                                     8,683
ILLINOIS TOOL WORKS INC          COM STK       452308109       9472               X                                 153,078
IMS HEALTH                       COM STK       449934108      45396           1   X                              1,370,420
INGERSOLL-RAND CO                COM STK       456866102        268               X                                     5,400
INTEL CORP                       COM STK       458140100      43242               X                                 363,760
INTERNATIONAL BUSINESS MACH      COM STK       459200101      73756               X                                 416,110
INTL PAPER CO                    COM STK       460146103        355               X                                     8,402
INTERPUBLIC GROUP COS INC        COM STK       460690100        311               X                                     3,987
INTL FLAVOURS & FRAG             COM STK       459506101        159               X                                     4,230
ISPAT INTERNATIONAL 'NV          COM STK       464899103       1340               X                                 180,133
ITT INDS INC IND                 COM STK       450911102        185               X                                     5,226
PENNEY J C INC                   COM STK       708160106        726               X                                   17,921
JEFFERSON PILOT CORP             COM STK       475070108        214               X                                     3,157
JOHNSON & JOHNSON                COM STK       478160104      68944               X                                 737,365
JOHNSON CTLS INC                 COM STK       478366107        224               X                                     3,591
K MART CORP                      COM STK       482584109        247               X                                   14,653
KEYCORP                          COM STK       493267108        926               X                                   30,526
KIMBERLY CLARK CORP              COM STK       494368103       1737               X                                   36,218
KOREA ELECTRIC PWR               ADR (& GDR F  500631106       8457               X                                 666,500
KROGER CO                        COM STK       501044101        404               X                                     6,736
LEVEL 3 COMMUNICATIONS HLDGS INC COM STK      52729N100         299               X                                     4,100
LILLY (ELI) & C0                 COM STK       532457108       8305               X                                   97,840
LIMITED INC                      COM STK       532716107        278               X                                     7,000
LINCOLN NATL CORP IND            COM STK       534187109        286               X                                     2,892
LITTON INDS INC                  COM STK       538021106        131               X                                     2,244
LOCKHEED MARTIN CORP             COM STK       539830109       1382               X                                   36,600
LUCENT TECHNOLOGIES INC          COM STK       549463107      57285               X                                 530,410
MALLINCKRODT INC NEW             COM STK       561232109        116               X                                     4,320
MARRIOTT INTL CO                 COM STK      44107P104         147               X                                   13,142
MARRIOTT INTL INC NEW            COM STK       571903202        254               X                                     7,550
MARSH & MCLENNAN COS INC         COM STK       571748102      20075               X                                 270,364
MASCO CORP                       COM STK       574599106        301               X                                   10,624
MATAV CABLE SYS MEDIA LTD        ADR (& GDR F  559776109        592               X                                   22,100
MATTEL INC                       COM STK       577081102        231               X                                     9,232
MAY DEPT STORES CO               COM STK       577778103        889               X                                   22,721
MAYTAG CORP                      COM STK       578592107        208               X                                     3,431
MBIA INC                         COM STK      55262C100         217               X                                     3,733
MBNA CORP                        COM STK      55262L100        1203               X                                   50,352
MCDONALD'S CORP                  COM STK       580135101      48307           1   X                              1,066,077
MCGRAW-HILL COS INC              COM STK       580645109        317               X                                     5,800
MCI WORLDCOM COM STK US$0.01     COM STK      55268B106       83225               X                                 939,724
MCKESSON CORP NEW                COM STK      58155Q103         490               X                                     7,410
MEAD CORP                        COM STK       582834107        137               X                                     4,441
FUSION SYSTEMS CORP              O'SEAS EQUITY SHARE         1            73300
MEDTRONIC INC                    COM STK       585055106      21196               X                                 294,900
MELLON BK CORP                   COM STK       585509102      20712               X                                 294,300
MERCK & CO INC                   COM STK       589331107      56258               X                                 702,116
MERRILL LYNCH & CO INC           COM STK       590188108       2136               X                                   24,133
MICRON TECHNOLOGY INC            COM STK       595112103        333               X                                     6,894
MICROSOFT CORP                   COM STK       594918104     175525           1   X                              1,958,437
MINNESOTA MNG &MFG CO            COM STK       604059105       1875               X                                   26,498
MOBIL CORP                       COM STK       607059102      34107               X                                 387,570
MONSANTO CO                      COM STK       611662107      15872               X                                 345,507
MORGAN J P & CO INC              COM STK       616880100       1430               X                                   11,583
MOTOROLA INC                     COM STK       620076109       3842               X                                   52,439
MURPHY OIL CORP                  COM STK       626717102        212               X                                     5,105
NALCO CHEM CO                    COM STK       629853102        178               X                                     6,684
NATIONAL CITY CORP               COM STK       635405103       1392               X                                   20,962
NEWELL RUBBERMAID                COM STK       651229106      16523               X                                 347,839
NEWMONT MINING CORP              COM STK       651639106        147               X                                     8,393
NIKE INC                         COM STK       654106103        466               X                                     8,075
NORFOLK SOUTHERN CORP            COM STK       655844108        298               X                                   11,289
NORTHERN STS PWR CO MINN         COM STK       665772109        167               X                                     7,178
NOVELL INC                       COM STK       670006105        267               X                                   10,568
NUCOR CORP                       COM STK       670346105        166               X                                     3,753
OCCIDENTAL PETE CORP DEL         COM STK       674599105        250               X                                   13,845
ORACLE CORP                      COM STK      68389X105        3188               X                                 120,861
P P & L RES INC                  COM STK       693499105        169               X                                     6,805
PACIFICORP                       COM STK       695114108        183               X                                   10,555
PAINE WEBBER GROUP INC           COM STK       695629105        190               X                                     4,759
PARAMETRIC TECHNOLOGY CORP       COM STK       699173100        182               X                                     9,168
PARKER HANNIFIN CORP             COM STK       701094104        151               X                                     4,400
PAYLESS SHOESOURCE INC           COM STK       704379106      13081               X                                 281,300
PECO ENERGY CORP                 COM STK       693304107        299               X                                     6,450
PEOPLESOFT INC                   COM STK       712713106        117               X                                     7,966
PEPSICO INC                      COM STK       713448108       8042               X                                 205,200
PERKIN-ELMER CORP                COM STK       714041100        190               X                                     1,951
PFIZER INC                       COM STK       717081103      73607               X                                 530,500
PG & E COM STK US$5              COM STK      69331C108         327               X                                   10,513
PHELPS DODGE CORP                COM STK       717265102        169               X                                     3,421
PHILIP MORRIS COS INC            COM STK       718154107      28284               X                                 803,787
PIONEER HI-BRED INTL             COM STK       723686101        281               X                                     7,443
PNC BANK CORP                    COM STK       693475105       1114               X                                   20,049
POHANG IRON & STL LTD            ADR (& GDR F  730450103       5039               X                                 281,900
POTOMAC COM STK US$1             COM STK       737679100        152               X                                     6,546
PPG INDS INC                     COM STK       693506107        276               X                                     5,367
PRAXAIR INC                      COM STK      74005P104         204               X                                     5,632
PREMIER PKS INC                  COM STK       740540208        373               X                                   10,000
PRICE/COSTCO CORP                COM STK      22160Q102         554               X                                     6,040
PROCTER & GAMBLE CO              COM STK       742718109      67001               X                                 684,115
PROMUS HOTEL CORP NEW            COM STK      74342P106         147               X                                     4,027
PUBLIC SVC ENTERPRISE GROUP      COM STK       744573106        252               X                                     6,589
QUAKER OATS CO                   COM STK       747402105        271               X                                     4,344
QUALCOMM INC                     COM STK       747525103        279               X                                     2,236
QWEST COMMUNICATIONS INTL CORP   COM STK       749121109        361               X                                     5,000
RALSTON PURINA CO                COM STK       751277302        266               X                                     9,939
READERS DIGEST ASSN INC          COM STK       755267101        131               X                                     4,141
REYNOLDS METALS & CO             COM STK       761763101        167               X                                     3,447
RITE AID CORP                    COM STK       767754104        201               X                                     8,025
ROCKWELL INTL  CORP NEW          COM STK       773903109        259               X                                     6,100
ROHM & HAAS CO                   COM STK       775371107        215               X                                     6,400
R H DONNELLEY CORP               COM STK       257867101        182               X                                     5,631
RYDER SYS INC                    COM STK       783549108        165               X                                     5,967
SAFECO CORP                      COM STK       786429100        204               X                                     5,035
SAFEWAY INC                      COM STK       786514208      42898               X                                 836,000
SARA LEE CORP                    COM STK       803111103       1501               X                                   60,608
SBC COMMUNICATIONS CORP          COM STK      78387G103       28198               X                                 597,554
SCECORP COMMON NPV               COM STK       281020107        232               X                                   10,406
SCHERING-PLOUGH CORP             COM STK       806605101      20250               X                                 366,501
SCHLUMBERGER LTD                 COM STK       806857108        976               X                                   16,200
SCHWAB (CHARLES) CORP NEW        COM STK       808513105       1035               X                                   10,767
SEAGATE TECHNOLOGY               COM STK       811804103        219               X                                     7,385
SEALED AIR CORP NEW              COM STK      81211K100         179               X                                     3,621
SEARS ROEBUCK & CO               COM STK       812387108       2728               X                                   60,351
SEMPRA ENERGY COM STK NPV        COM STK       816851109        148               X                                     7,666
SERVICE CORP INTL                COM STK       817565104        175               X                                   12,255
SHERWIN-WILLIAMS CO              COM STK       824348106        224               X                                     7,955
SIMON PROPERTY GROUP COM STK US$0COM STK       828806109        195               X                                     7,072
SOLECTRON CORP                   COM STK       834182107        340               X                                     7,000
SONAT COM STK US$1               COM STK       835415100        148               X                                     4,902
SOUTHERN CO                      COM STK       842587107       1050               X                                   45,020
SOUTHWEST AIRLS CO               COM STK       844741108        293               X                                     9,673
SPRINT CORP                      COM STK       852061100       3095               X                                   31,533
SPRINT PCS GROUP COM STK US$2.50 COM STK       852061506         69               X                                     1,550
ST PAUL COS INC                  COM STK       792860108        233               X                                     7,488
STAPLES INC                      COM STK       855030102        409               X                                   12,411
STARWOOD HOTELS & RESORTS        COM STK     85590A203          225               X                                     7,843
STATE STR CORP                   COM STK       857477103        382               X                                     4,642
SUN INC                          COM STK      86764P109         212               X                                     5,867
SUNDSTRAND CORP                  COM STK       867323107        135               X                                     1,938
SUNTRUST BKS INC                 Equity        867914103       1276               X                                   20,483
SUPERVALU INC                    COM STK       868536103        178               X                                     8,607
SYSCO CORP                       COM STK       871829107        269               X                                   10,208
TANDY CORP                       COM STK       875382103        207               X                                     3,236
TELE SUDESTE CELULAR             ADR           879252104        898               X                                   44,300
TELEFONICA DEL PERU S A          ADR           879384105         22               X                                     1,700
TELESP PARTICIPACOES             ADR          87952K100         784               X                                   38,000
TELLABS INC                      COM STK       879664100       3871               X                                   39,600
TEMPLE INLAND INC                COM STK       879868107        146               X                                     2,320
TEXACO INC                       COM STK       881694103      16373               X                                 288,500
TEXAS INSTRS INC                 COM STK       882508104      21573               X                                 217,353
TEXAS UTILS CO                   COM STK       882848104       3169               X                                   75,450
TEXTRON INC                      COM STK       883203101        364               X                                     4,701
TIME WARNER INC                  COM STK       887315109      26558               X                                 375,043
TIMES MIRROR CO NEW              COM STK       887364107        169               X                                     3,114
TORCHMARK CORP                   COM STK       891027104        182               X                                     5,737
TOYS 'R' US INC                  COM STK       892335100        174               X                                     9,200
TRANSAMERICA CORP                COM STK       893485102        270               X                                     3,800
TRIBUNE CO NEW                   COM STK       896047107        247               X                                     3,764
TRW INC                          COM STK       872649108        218               X                                     4,787
UAL CORP                         COM STK       902549500        168               X                                     2,156
UNICOM CORP                      COM STK       904911104        240               X                                     6,551
UNION CAMP CORP                  COM STK       905530101        175               X                                     2,600
UNION CARBIDE CORP               COM STK       905581104        202               X                                     4,466
UNION PAC CORP                   COM STK       907818108        381               X                                     7,122
UNION PAC RES GROUP INC          COM STK       907834105          1               X                                            1
UNIQUEST COM STK NPV             COM STK      90915Q107           1               X                                 243,699
UNITED HEALTHCARE CORP           COM STK       910581107        301               X                                     5,710
UNITED TECHNOLOGIES CORP         COM STK       913017109       1973               X                                   14,563
UNOCAL CORP                      COM STK       915289102        325               X                                     8,798
UNUM CORP CORP                   COM STK       903192102        224               X                                     4,692
US AIR COM STK US$1              COM STK       911905107        135               X                                     2,750
US BANCORP                       COM STK       902973106      17339               X                                 509,009
USX MARATHON GROUP               COM STK       902905827        299               X                                   10,860
VF CORP                          COM STK       918204108        235               X                                     4,939
VIACOM INC                       COM STK       925524308       2498               X                                   29,749
VIAD CORP                        COM STK      92552R109         143               X                                     5,141
VULCAN MATLS CO                  COM STK       929160109        174               X                                     4,200
WACHOVIA CORP                    COM STK       929771103       1064               X                                   13,098
WALGREEN CO                      COM STK       931422109       1845               X                                   65,299
WAL-MART STORES INC              COM STK       931142103      84009               X                                 911,282
WARNER LAMBERT CO                COM STK       934488107      36519               X                                 551,220
WASHINGTON MUTUAL INC            COM STK       939322103       2499               X                                   61,115
WASTE MGMT INTL PLC              COM STK     94106L109        11493               X                                 258,992
WELLS FARGO & CO DEL             COM STK       949746101      56787           1   X                              1,619,585
WEYERHAESER CO                   COM STK       962166104        295               X                                     5,300
WHIRLPOOL CORP                   COM STK       963320106        190               X                                     3,484
WHITMAN CORP                     COM STK     96647K102          685               X                                   39,800
WILLAMETTE INDS INC              COM STK       969133107        146               X                                     3,850
WILLIAMS INDS INC                COM STK       969457100      15689               X                                 397,169
WINN-DIXIE STORES INC            COM STK       974280109        183               X                                     4,877
WISCONSIN CENT TRANSN CORP       COM STK       976657106        164               X                                     6,288
XEROX CORP                       COM STK       984121103       2449               X                                   46,983
                                                             0                    X
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