UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
"WASHINGTON, DC 20549"
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE QUARTER ENDED: 31-Mar-00
Check here if Amendment [ x ]; Amendment Number: 1
This Amendment (Check Only One.) : [ ] is a restatement.
: [
] adds new holding entries.
INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT:
Name: Friends Ivory & Sime Inc.
Address: "One World Trace Center, Suite 2101"
"New York, NY 10048"
13F File Number: 28-7734
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person
"signing the report is authorized to submit it, that all information contained
herein is true, correct and complete, and"
"that it is understood that all required items, statements, schedules, lists,
and tables, are considered integral parts of this form."
Person signing this Report on Behalf of Reporting Manager:
Name: Christopher Brancazio
Title: Compliance Director
Phone 212-466-6708
Signature Place Date of Signing
Christopher Brancazio New York 7/6/00
Report Type: (Check only one.):
[x] 13F Holdings Report.
[ ] 13 F Notice.
[ ] 13F Combination Report.
List of Other Managers Reporting for this Manager: 0
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 407
Form 13F Information Table Value Total: "$2,961,023"
List of Other Included Managers: 0
No. 13F File Number Name
N/A N/A N/A
<PAGE>
<TABLE> <C> <C>
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT S/P P/C INV
DSC MANAGERS SOLE SHARED NONE
ADECCO SA ADR 006754105 1294 14641 SH X
ADVANCED INFO SVC PUB LT ADR 00753G103 1075 72002 SH X
ADVANCED POLYMER SYS INC COMMON 00754G102 875 174900 SH X
ADVANTA CORP MTN BE MTNF 7.000 00756QBG2 477 500000 X
AETNA INC COMMON 8117103 19 350 SH X
AGRIBIOTECH INC NEV COMMON 8494106 2 15000 SH X
ALCATEL ADR 013904305 977 22647 SH X
ALCOA INC COMMON 13817101 27100 385770 SH X
ALLEGHENY ENERGY INC COMMON 17361106 11 400 SH X
ALLEGHENY TECHNOLOGIES I COMMON 01741R102 10 481 SH X
ALLIANCE PHARMACEUTICAL COMMON 18773101 2090 139900 SH X
ALLSTATE CORP COMMON 20002101 53 2225 SH X
AMAZON COM INC COMMON 23135106 13 200 SH X
AMEREN CORP COMMON 23608102 43 1400 SH X
AMERICA ONLINE INC DEL COMMON 02364J104 42002 622831 SH X
AMERICAN ELEC PWR INC COMMON 25537101 67 2237 SH X
AMERICAN EXPRESS CO COMMON 25816109 2055 13800 SH X
AMERICAN HOME PRODS CORP COMMON 26609107 194 3600 SH X
AMERICAN INTL GROUP INC COMMON 26874107 75207 686822 SH X
AMGEN INC COMMON 31162100 749 12200 SH X
AMR CORP COMMON 1765106 19 600 SH X
ANADARKO PETE CORP COMMON 32511107 77 2000 SH X
ANGLOGOLD LTD DEPOSITORY 35128206 130 5400 SH X
ANHEUSER BUSCH COS INC COMMON 35229103 301 4832 SH X
APEX INC COMMON 37548104 1465 39450 SH X
APPLIED MATLS INC COMMON 38222105 2768 29370 SH X
ARIBA INC COMMON 04033V104 910 4340 SH X
ASSOCIATES FIRST CAP COR CL A 46008108 22 1024 SH X
AT&T CAP CORP MTNS BK EN MTNF 7.470 00206HXB5 149 150000 X
AT&T CORP COMMON 1957109 50884 903596 SH X
AT&T CORP COM LIB GRP A 1957208 31691 534304 SH X
AURORA BIOSCIENCES CORP COMMON 51920106 896 21931 SH X
AUSTRALIA&NEW ZEALAND BK ADR 052528304 632 20068 SH X
AUTOMATIC DATA PROCESSIN COMMON 53015103 1491 30900 SH X
AVENTIS ADR 053561106 2212 40969 SH X
AVX CORP NEW COMMON 2444107 8 100 SH X
AXA ADR 054536107 1695 23643 SH X
AZUL HLDGS INC COMMON 05500Q106 257 54197 SH X
BANCO BILBAO VIZCAYA ARG ADR 05946K101 1573 105734 SH X
BANCO DE GALICIA Y BUENO DEPOSITORY 59538207 3588 177194 SH X
BANCO SANTANDER CENT HIS ADR 05964H105 2136 198717 SH X
BANK NEW YORK INC COMMON 64057102 18850 453540 SH X
BANK OF AMERICA CORP COMMON 60505104 274 5217 SH X
BANK TOKYO-MITSUBISHI LT ADR 065379109 2073 146139 SH X
BARCLAYS PLC ADR 06738E204 1715 15596 SH X
BECTON DICKINSON & CO COMMON 75887109 526 20000 SH X
BELL ATLANTIC CORP COMMON 77853109 201 3296 SH X
BELLSOUTH CORP COMMON 79860102 21155 451303 SH X
BEN & JERRYS HOMEMADE IN CL A 81465106 706 21040 SH X
BESTFOODS COMMON 08658U101 13001 277733 SH X
BIOGEN INC COMMON 90597105 21 300 SH X
BIOMATRIX INC COMMON 09060P102 92 3800 SH X
BOEING CO COMMON 97023105 30 800 SH X
BP AMOCO P L C DEPOSITORY 55622104 239 4492 SH X
BP PRUDHOE BAY RTY TR UNIT BEN IN 55630107 566 53900 SH X
BRIDGESTONE CORP ADR 108441205 1672 7572 SH X
BRINKER INTL INC COMMON 109641100 1002 33745 SH X
BRISTOL MYERS SQUIBB CO COMMON 110122108 44475 766803 SH X
BRITISH TELECOMMUNICATIO ADR 111021408 2174 11558 SH X
BROKEN HILL PROPRIETARY ADR 112169602 741 34085 SH X
BUCKEYE PARTNERS L P UNIT LTD PA 118230101 549 21100 SH X
CANON INC ADR 138006309 4450 103200 SH X
CAROLINA PWR & LT CO COMMON 144141108 32 1000 SH X
CATHAY PAC AWYS LTD ADR 148906308 332 44827 SH X
CEMEX S A DEPOSITORY 151290889 2191 96830 SH X
CENTRAIS ELETRICAS BRASI DEPOSITORY 15234Q108 578 60535 SH X
CENTRAL FD CDA LTD CL A 153501101 651 186000 SH X
CHARTERED SEMICONDUCTOR ADR 16133R106 1279 13577 SH X
CHASE MANHATTAN CORP NEW COMMON 16161A108 40564 465254 SH X
CHASE MANHATTAN CORP NEW PFD 10.96% 16161A835 74 2900 X
CHELSEA GCA RLTY INC COMMON 163262108 29 1000 SH X
CHEUNG KONG HLDGS LTD ADR 166744201 1551 103643 SH X
CHEVRON CORPORATION COMMON 166751107 22549 243935 SH X
CHINA TELECOM HONG KONG ADR 169428109 1670 9423 SH X
CIGNA CORP DEB 7.400 125509BA6 106 110000 X
CISCO SYS INC COMMON 17275R102 175451 2269368 SH X
CIT GROUP INC CL A 125577106 111 5700 SH X
CITICORP NOTE 7.200 173034GW3 98 100000 X
CITICORP MTN SUB BE MTNF 7.000 17303MGW3 145 150000 X
CITIGROUP INC COMMON 172967101 80995 1352727 SH X
CITY NATL CORP COMMON 178566105 920 27300 SH X
CLEARNET COMMUNICATIONS CL A NON-VT 184902104 5579 135000 SH X
CMGI INC COMMON 125750109 23 200 SH X
COCA COLA CO COMMON 191216100 33059 704320 SH X
COLES MYER LTD ADR 193870409 343 10738 SH X
COLGATE PALMOLIVE CO COMMON 194162103 31811 564280 SH X
COMPANHIA BRASILEIRA DE DEPOSITORY 20440T201 2316 64790 SH X
COMPANHIA CERVEJARIA BRA DEPOSITORY 20440X103 1707 105025 SH X
COMPANHIA ENERGETICA DE DEPOSITORY 204409601 1348 77106 SH X
COMPANHIA ENERGETICA DE DEPOSITORY 204409809 178 10199 SH X
COMPANHIA VALE DO RIO DO DEPOSITORY 204412100 5063 184835 SH X
COMPANIA DE TELECOMUNICS DEPOSITORY 204449300 3153 138607 SH X
COMPAQ COMPUTER CORP COMMON 204493100 359 13291 SH X
COMPUTER ASSOC INTL INC COMMON 204912109 31 525 SH X
CONSOLIDATED EDISON INC COMMON 209115104 56 1922 SH X
CONSOLIDATED GRAPHICS IN COMMON 209341106 170 13200 SH X
CORN PRODS INTL INC COMMON 219023108 15 630 SH X
CORNING INC COMMON 219350105 466 2400 SH X
COSTCO WHSL CORP NEW COMMON 22160K105 988 18800 SH X
COTT CORP QUE COMMON 22163N106 17 3000 SH X
COVAD COMMUNICATIONS GRO COMMON 222814204 290 4000 SH X
COVANCE INC COMMON 222816100 9 850 SH X
CRESCENT REAL ESTATE EQU COMMON 225756105 65 3700 SH X
CROSS A T CO CL A 227478104 4 700 SH X
CTS CORP COMMON 126501105 57 1000 SH X
CVS CORP COMMON 126650100 6 170 SH X
DBS GROUP HLDGS LTD ADR 23304Y100 681 12887 SH X
DELL COMPUTER CORP COMMON 247025109 27249 505201 SH X
DELPHI AUTOMOTIVE SYS CO COMMON 247126105 112 7015 SH X
DESIGNER FIN TR TOPRS 250570207 1811 64100 X
DISNEY WALT CO COM DISNEY 254687106 1919 46510 SH X
DIXIE GROUP INC SDCV 7.000 255519AA8 1531 2251000 PRN X
DOMINION RES INC VA NEW COMMON 25746U109 27 698 SH X
DST SYS INC DEL COMMON 233326107 1234 19000 SH X
DU PONT E I DE NEMOURS & COMMON 263534109 29167 550967 SH X
DUANE READE INC COMMON 263578106 558 24000 SH X
DYNAMIC SCIENCES INTL IN COMMON 268006103 120 1000000 SH X
E DIGITAL CORP COMMON 26841Y103 10 1000 SH X
E M C CORP MASS COMMON 268648102 62061 492550 SH X
EARTHGRAINS CO COMMON 270319106 6 384 SH X
EASAI LTD. ADR 282579309 17 649 SH X
ECHOSTAR COMMUNICATIONS CL A 278762109 16 200 SH X
ECOGEN INC COM NEW 278864202 3 1000 SH X
ECOSCIENCE CORP COM NEW 279218200 36 48100 SH X
EDISON INTL COMMON 281020107 66 4000 SH X
EEX CORP COM NEW 26842V207 518 153580 SH X
ELAN PLC DEPOSITORY 284131208 114 2396 SH X
ELECTROBRAS PF B BRL 2308445 887 46072 SH X
ELECTRONIC DATA SYS NEW COMMON 285661104 154 2400 SH X
ELEL SOCIETA ADR 29265W108 8 174 SH X
ELF AQUITAINE ADR 286269105 2285 26306 SH X
EMBOTELLADORA ANDINA S A DEPOSITORY 29081P303 1311 111000 SH X
EMERSON ELEC CO COMMON 291011104 60 1120 SH X
EMPRESA NACIONAL DE ELCT DEPOSITORY 29244T101 3491 320967 SH X
ENRON CORP COMMON 293561106 38448 513495 SH X
EQUANT ADR 294409107 8 92 SH X
EQUITY OFFICE PROPERTIES COMMON 294741103 172 6830 SH X
EQUITY RESIDENTIAL PPTYS SH BEN INT 29476L107 1130 28115 SH X
ERICSSON L M TEL CO ADR 294821400 4490 47866 SH X
EVEREST RE GROUP LTD COMMON G3223R108 653 20000 SH X
EXXON MOBIL CORP COMMON 30231G102 84579 1085211 SH X
FEDERAL NATL MTG ASSN COMMON 313586109 15571 275292 SH X
FEDERATED DEPT STORES IN COMMON 31410H101 74 1740 SH X
FEDEX CORP COMMON 31428X106 47 1200 SH X
FELCOR LODGING TR INC COMMON 31430F101 367 20550 SH X
FIRST HEALTH GROUP CORP COMMON 320960107 835 26400 SH X
FIRST VA BANKS INC COMMON 337477103 39 1050 SH X
FOMENTO ECONOMICO UNITS COMMON 2242059 5894 1311770 SH X
FORD MOTOR CR CO NOTE 6.250 345397NJ8 141 150000 X
FORD MTR CO DEL COMMON 345370100 14908 324522 SH X
FOSTERS BREWING GROUP LT ADR 350258307 473 195005 SH X
FPL GROUP INC COMMON 302571104 19 412 SH X
FRANCE TELECOM ADR 35177Q105 2896 16366 SH X
FREEPORT-MCMORAN COPPER CL A 35671D105 31 2774 SH X
FREEPORT-MCMORAN COPPER CL B 35671D857 8 701 SH X
GAP INC DEL COMMON 364760108 67 1350 SH X
GAP INC DEL NOTE 6.900 364760AA6 97 100000 X
GENERAL ELEC CO COMMON 369604103 149478 960502 SH X
GENERAL MAGIC INC COMMON 370253106 27 3000 SH X
GENERAL MTRS CORP COMMON 370442105 27 327 SH X
GENERAL MTRS CORP CL H NEW 370442832 2 16 SH X
GENERAL MTRS CORP PREF D 1/4 370442857 234 9340 X
GILLETTE CO COMMON 375766102 119 3164 SH X
GLAXO WELLCOME PLC ADR 37733W105 2210 38556 SH X
GLOBAL CROSSING LTD COMMON G3921A100 178 4350 SH X
GPU INC COMMON 36225X100 2185 79800 SH X
GREAT ATLANTIC & PAC TEA COMMON 390064103 20 1000 SH X
GRUPO MEXICO SA SER B COMMON 2399502 1798 384500 SH X
GRUPO TELEVISA SA DE CV DEPOSITORY 40049J206 4269 62780 SH X
GTE CORP COMMON 362320103 42003 591587 SH X
GTE SOUTH INC DEB 7.250 36233TAD1 149 150000 X
HARRIS CORP DEL COMMON 413875105 28 800 SH X
HEALTH CARE PPTY INVS IN COMMON 421915109 2032 79900 SH X
HECLA MNG CO PFD CV SER 422704205 1225 49500 SH X
HEWLETT PACKARD CO COMMON 428236103 120 900 SH X
HEXCEL CORP NEW NOTE 7.000 428291AA6 206 300000 PRN X
HMH PPTYS INC NOTE 9.500 40423QAB3 524 500000 X
HOME DEPOT INC COMMON 437076102 74227 1150813 SH X
HONDA MOTOR CO. LTD. ADR 438128308 11 136 SH X
HONEYWELL INTL INC COMMON 438516106 29194 554090 SH X
HONG KONG & CHINA GAS LT ADR 438550303 581 463665 SH X
HONG KONG WEB WEB 92923H707 1 111021 SH X
HSBC HLDGS PLC ADR 404280406 711 11679 SH X
HUMBOLDT CAP CORP MULT VTG SH 444904205 228 408201 SH X
HUMBOLDT CAP CORP SUB VTG SHS 444904304 211 408201 SH X
HUTCHISON WHAMPOA LTD ADR 448415208 1792 19830 SH X
I-CABLE COMMUNICATIONS L ADR 44934B104 372 24374 SH X
ILLINOIS TOOL WKS INC COMMON 452308109 11 200 SH X
IMATION CORP COMMON 45245A107 3 108 SH X
IMC GLOBAL INC COMMON 449669100 9 599 SH X
INDYMAC MTG HLDGS INC COMMON 456607100 37 2500 SH X
ING GROEP N V ADR 456837103 1734 31536 SH X
INTEL CORP COMMON 458140100 137914 1045300 SH X
INTERNATIONAL BUSINESS M COMMON 459200101 63812 540780 SH X
INTERNATIONAL BUSINESS M PFD A DEP 1 459200309 231 9075 X
INTL PAPER CO COMMON 460146103 253 5927 SH X
INTRAWEST CORPORATION COM NEW 460915200 758 44900 SH X
ITO YOKADO CO. LTD. ADR 465714301 13 172 SH X
JOHNS MANVILLE CORP NEW COMMON 478129109 1833 172500 SH X
JOHNSON & JOHNSON COMMON 478160104 33583 478045 SH X
K MART CORP COMMON 482584109 40 4180 SH X
KANSAS CITY PWR & LT CO COMMON 485134100 41 1400 SH X
KAO CORP ADR 485537203 3235 10570 SH X
KERR MCGEE CORP SDCV 7.500 492386AL1 1949 2068000 PRN X
KIMBERLY CLARK MEX 'A' NPV 2491914 1803 524600 SH X
KINAM GOLD INC PFD CV B $3 494482201 604 23500 SH X
KINGFISHER PLC ADR 495724205 7 427 SH X
KMART FING I PFD TRCV 7. 498778208 43 1000 SH X
KONINKLIJKE PHILIPS ELEC ADR 500472204 1117 6525 SH X
KOREA ELECTRIC PWR ADR 500631106 972 61494 SH X
KOREA TELECOM ADR 50063P103 1014 23135 SH X
KROGER CO COMMON 501044101 4 230 SH X
KUALA LUMPUR KEPONG BERH ADR 501161202 133 101604 SH X
LABONE INC NEW COMMON 50540L105 7 1000 SH X
LECHTERS CORP COMMON 523238103 179 110000 SH X
LECHTER'S INC SDCV 5.000 522999B91 3370 4085000 PRN X
LEVI STRAUSS & CO NEW NOTE 6.800 52736RAA0 328 500000 X
LILLY ELI & CO COMMON 532457108 18 293 SH X
LINCOLN NATL CORP IND NOTE 7.250 534187AH2 63 65000 X
LINENS N THINGS INC COMMON 535679104 752 21950 SH X
LOUIS DREYFUS NAT GAS CO COMMON 546011107 938 27580 SH X
LUCENT TECHNOLOGIES INC COMMON 549463107 18861 307934 SH X
MACK CALI RLTY CORP COMMON 554489104 204 8000 SH X
MAIL-WELL INC COMMON 560321200 174 20000 SH X
MANDALAY RESORT GROUP MANDALAY 562567107 20 1200 SH X
MARCONI PLC ADR 566306106 2059 172533 SH X
MARINE DRILLING COS INC COM PAR $0. 568240204 14 500 SH X
MARITRANS INC COMMON 570363101 18 3000 SH X
MARRIOTT INTL INC NEW CL A 571903202 160 5095 SH X
MASSBANK CORP READ MASS COMMON 576152102 154 5600 SH X
MATSUSHITA ELECTRONIC ADR 576879209 15 50 SH X
MBNA CORP COMMON 55262L100 4 150 SH X
MCDONALDS CORP COMMON 580135101 38319 1025265 SH X
MCI WORLDCOM INC COMMON 55268B106 50807 1121263 SH X
MCKESSON HBOC INC COMMON 58155Q103 8 400 SH X
MEDIAONE GROUP INC COMMON 58440J104 144 1780 SH X
MEDTRONIC INC COMMON 585055106 29291 569440 SH X
MELLON FINL CORP COMMON 58551A108 23474 789038 SH X
MERCK & CO INC COMMON 589331107 41575 669223 SH X
METAMOR WORLDWIDE INC COMMON 59133P100 510 18000 SH X
MICROCIDE PHARMACEUTICAL COMMON 595018102 68 5200 SH X
MICROSOFT CORP COMMON 594918104 161404 1519095 SH X
MINERALS TECHNOLOGIES IN COMMON 603158106 272 6100 SH X
MINNESOTA MNG & MFG CO COMMON 604059105 105 1180 SH X
MODIS PROFESSIONAL SVCS COMMON 607830106 121 9800 SH X
MORGAN J P & CO INC COMMON 616880100 968 7345 SH X
MORGAN J P & CO INC NOTE 6.250 616880BJ8 107 120000 X
MORGAN STANLEY DEAN WITT COM NEW 617446448 43272 522140 SH X
MORGAN STANLEY DEAN WITT NOTE 6.875 617446AZ2 115 120000 X
MUTUAL RISK MGMT LTD COMMON 628351108 530 26500 SH X
NABORS INDS INC COMMON 629568106 634 16345 SH X
NATIONAL AUSTRALIA BK LT ADR 632525408 520 8038 SH X
NATIONAL-OILWELL INC COMMON 637071101 56 1800 SH X
NESTLE S A ADR 641069406 2063 23134 SH X
NEUROCRINE BIOSCIENCES I COMMON 64125C109 456 19600 SH X
NEW WORLD DEV LTD ADR 649274305 570 204371 SH X
NIKE INC CL B 654106103 44 1100 SH X
NIPPON TELEG & TEL CORP ADR 654624105 3640 46182 SH X
NISOURCE INC COMMON 65473P105 57 3387 SH X
NOBLE DRILLING CORP COMMON 655042109 166 4000 SH X
NOKIA CORP ADR 654902204 5273 23752 SH X
NORFOLK SOUTHERN CORP COMMON 655844108 14 1000 SH X
NORTEL NETWORKS CORP COMMON 656569100 71464 566612 SH X
NTT DOCOMO INC. ADR 62942M201 43 211 SH X
OAKLEY INC COMMON 673662102 12 1100 SH X
OFFSHORE LOGISTICS INC NOTE 6.000 676255AF9 89 100000 PRN X
OHM CORP SDCV 8.000 670839AA7 84 96000 PRN X
OMEGA PROTEIN CORP COMMON 68210P107 90 35000 SH X
OMNICOM GROUP INC COMMON 681919106 36896 394080 SH X
ORACLE CORP COMMON 68389X105 79430 1017520 SH X
ORBITAL ENGINE LTD DEPOSITORY 685563306 28 4000 SH X
OREGON STL MLS INC COMMON 686079104 4 1000 SH X
ORIX CORP ADR 686330101 1998 24519 SH X
OUTBACK STEAKHOUSE INC COMMON 689899102 988 30800 SH X
PARKER HANNIFIN CORP COMMON 701094104 12 300 SH X
PATHEON INC COMMON 70319W108 548 100000 SH X
PEPSICO INC COMMON 713448108 12953 371411 SH X
PERUSAHAAN PERS INDO SAT DEPOSITORY 715680104 5 300 SH X
PETROLEO BRASILEIRO SA P DEPOSITORY 71654V101 8543 313830 SH X
PEUGEOT CITROEN ADR 716825500 13 243 SH X
PFIZER INC COMMON 717081103 50524 1381842 SH X
PG&E CORP COMMON 69331C108 20 950 SH X
PHARMACOPEIA INC COMMON 71713B104 294 6000 SH X
PHILIP MORRIS COS INC COMMON 718154107 2786 131875 SH X
PHILIPPINE LONG DISTANCE ADR 718252604 289 13176 SH X
PHOSPHATE RESOURCE PARTN DEPOSITARY 719217101 8 1000 SH X
PITNEY BOWES INC COMMON 724479100 2 55 SH X
PNC FINL SVCS GROUP INC COMMON 693475105 18 389 SH X
POGO PRODUCING CO COMMON 730448107 571 20000 SH X
POHANG IRON & STL LTD ADR 730450103 1183 43014 SH X
POST PPTYS INC COMMON 737464107 151 3740 SH X
PPG INDS INC COMMON 693506107 37 700 SH X
PROCTER & GAMBLE CO COMMON 742718109 29443 521110 SH X
PRUDENTIAL PLC ADR 74435K204 1954 25852 SH X
PUGET SOUND ENERGY INC COMMON 745332106 1484 66900 SH X
PURE WORLD INC COMMON 74622C106 5 1000 SH X
QUALCOMM INC COMMON 747525103 52 350 SH X
QUEST DIAGNOSTICS INC COMMON 74834L100 17 425 SH X
QWEST COMMUNICATIONS INT COMMON 749121109 19315 402400 SH X
R & B FALCON CORP COMMON 7.49E+105 71 3600 SH X
R G S ENERGY GROUP INC COMMON 74956K104 24 1152 SH X
RADIAN GROUP INC COMMON 750236101 554 11632 SH X
RAYTHEON CO CL B 755111408 14 800 SH X
RELIANT ENERGY INC COMMON 75952J108 224 9500 SH X
REUTERS GROUP PLC ADR 76132M102 1866 15634 SH X
REYNOLDS METALS CO COMMON 761763101 7 100 SH X
RF MONOLITHICS INC COMMON 74955F106 387 25800 SH X
RICOH CO. LTD. ADR 765658307 28 260 SH X
ROC TAIWAN ADR 749651105 925 93713 SH X
ROCHE HLDG LTD ADR 771195104 1989 18310 SH X
ROWAN COS INC COMMON 779382100 82 2800 SH X
ROYAL DUTCH PETE CO DEPOSITORY 780257804 162 2800 SH X
RURAL CELLULAR CORP CL A 781904107 1034 15300 SH X
SABRE HLDGS CORP CL A 785905100 16 433 SH X
SANTA FE SNYDER CORP COMMON 80218K105 2 180 SH X
SAP AKTIENGESELLSCHAFT ADR 803054204 1870 31305 SH X
SARA LEE CORP COMMON 803111103 45 2525 SH X
SBC COMMUNICATIONS INC COMMON 78387G103 50181 1191249 SH X
SCHERING PLOUGH CORP COMMON 806605101 991 26684 SH X
SCHLUMBERGER LTD COMMON 806857108 20232 264468 SH X
SCHRODER VENTURE TRUST COMMON 625996103 4 1500 SH X
SCOTTISH POWER PLC ADR 81013T705 5 173 SH X
SCOTTISH PWR PLC DEPOSITORY 81013T705 15 464 SH X
SEARS ROEBUCK & CO COMMON 812387108 21 680 SH X
SEARS ROEBUCK & CO NOTE 6.250 812387BB3 281 295000 X
SECOM LTD ADR 813113206 2011 11720 SH X
SERVICEMASTER CO COMMON 81760N109 114 10123 SH X
SEVEN ELEVEN JAPAN LTD ADR 817828205 5131 44621 SH X
SEVEN SEAS PETE INC COMMON 817917107 20 10000 SH X
SHELL TRANS & TRADING PL ADR 822703609 2069 42159 SH X
SIEMENS A G ADR 826197402 2098 14571 SH X
SINGAPORE TELECOMMUNICAT ADR 82929R106 279 19540 SH X
SLM HLDG CORP COMMON 78442A109 110 3300 SH X
SMITHKLINE BEECHAM PLC DEPOSITORY 832378301 86 1300 SH X
SMUCKER J M CO CL A 832696108 48 2640 SH X
SMUCKER J M CO CL B 832696207 38 2640 SH X
SOCIETE GENERALE FRANCE ADR 83364L109 1996 50049 SH X
SOLECTRON CORP COMMON 834182107 701 17480 SH X
SONIC AUTOMOTIVE INC CL A 83545G102 747 79200 SH X
SONY CORP ADR 835699307 2730 9747 SH X
SOUTHCORP LTD ADR 841295108 368 25450 SH X
SOUTHERN CO COMMON 842587107 96 4400 SH X
STARBUCKS CORP COMMON 855244109 678 15120 SH X
SUMITOMO BANK LTD. ADR 865601207 14 95 SH X
SUN MICROSYSTEMS INC COMMON 866810104 24939 266150 SH X
SUNOCO INC COMMON 86764P109 60 2200 SH X
SYMBOL TECHNOLOGIES INC COMMON 871508107 48 585 SH X
TAIWAN SEMICONDUCTOR MFG ADR 874039100 2405 42197 SH X
TALBOTS INC COMMON 874161102 59 1000 SH X
TARGET CORP COMMON 8.76E+110 1221 16330 SH X
TAUBMAN CTRS INC COMMON 876664103 53 4800 SH X
TDK CORP ADR 872351408 244 1860 SH X
TELE CENTRO SUL PART S A DEPOSITORY 879239101 1861 22980 SH X
TELE NORTE LESTE PART S DEPOSITORY 879246106 3509 131800 SH X
TELECOMUNICACOES DE SAO DEPOSITORY 87929A102 7531 253670 SH X
TELEFONICA DE ARGENTINA DEPOSITORY 879378206 1897 48335 SH X
TELEFONICA DEL PERU S A DEPOSITORY 879384105 2096 123315 SH X
TELEFONICA S A ADR 879382208 3218 43272 SH X
TELEFONOS DE MEXICO S A DEPOSITORY 879403780 18475 277300 SH X
TELIGENT INC CL A 87959Y103 703 10520 SH X
TELSTRA CORP LTD ADR 87969N204 972 41383 SH X
TEXACO INC COMMON 881694103 114 2130 SH X
TEXAS INSTRS INC COMMON 882508104 68150 425940 SH X
TEXAS UTILS CO COMMON 882848104 120 4030 SH X
TIME WARNER INC COMMON 887315109 59946 599455 SH X
TIME WARNER TELECOM INC CL A 887319101 1089 13700 SH X
TNT POST GROEP N V ADR 888742103 1500 67061 SH X
TOPPAN PRTG LTD ADR 890747207 1735 30952 SH X
TOYOTA DEB 5.100 8929902A9 99 100000 X
TOYOTA MOTOR CORP. ADR 892331307 17 161 SH X
TRANSOCEAN SEDCO FOREX I ORD G90078109 882 17189 SH X
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TYCO INTL LTD NEW COMMON 902124106 30 600 SH X
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UNIBANCO-UNIAO DE BANCOS DEPOSITORY 9.05E+111 2556 80490 SH X
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