<TABLE>
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
<C> <C>
D Alliant Energy Corp. com 460845100 2590 91266 SH SOLE 91266
D BCE, Inc. com 05534B109 5119 103800 SH SOLE 103800
D BP Amoco PLC Sponsored ADR com 055622104 7332 67572 SH SOLE 67572
D Banco Bilbao Vizcaya com 059458208 2333 159500 SH SOLE 159500
D Banco Santander Central Hispan com 059574202 2321 219740 SH SOLE 219740
D Burlington Northern Santa Fe C com 12189T104 1742 56207 SH SOLE 56207
D Burlington Resources, Inc. com 122014103 5069 117212 SH SOLE 117212
D CMS Energy Corp. com 125896100 863 20600 SH SOLE 20600
D Crown Cork & Seal com 228255105 681 23900 SH SOLE 23900
D Deere & Co. com 244199105 3907 99700 SH SOLE 99700
D Dominion Resources com 257470104 4607 106372 SH SOLE 106372
D Duke Energy Corp. com 264399106 724 13300 SH SOLE 13300
D E.I. DuPont de Nemours & Co. com 263534109 5711 83600 SH SOLE 83600
D Exxon com 302290101 1931 25036 SH SOLE 25036
D Federal Signal com 313855108 4702 221933 SH SOLE 221933
D Foremost Corp. of America com 345469100 2696 122550 SH SOLE 122550
D GTE Corp. com 362320103 294 3900 SH SOLE 3900
D Hibernia Corp. com 428656102 1631 104000 SH SOLE 104000
D Hubbell, Inc. Class B com 443510201 5626 124000 SH SOLE 124000
D Illinova Corp. com 452317100 1515 55600 SH SOLE 55600
D International Flavors & Fragra com 459506101 2944 66900 SH SOLE 66900
D LG&E Energy com 501917108 3285 156450 SH SOLE 156450
D Marshall & Ilsley com 571834100 6882 106908 SH SOLE 106908
D New Plan Excel Realty Trust com 648053106 4651 258400 SH SOLE 258400
D P. H. Glatfelter Co. com 377316104 3702 253100 SH SOLE 253100
D Pitney Bowes, Inc. com 724479100 7053 109768 SH SOLE 109768
D RPM, Inc. com 749685103 1378 97100 SH SOLE 97100
D Royal Dutch Petroleum com 780257804 3688 61204 SH SOLE 61204
D Stanley Works com 854616109 4368 135700 SH SOLE 135700
D Texaco, Inc. com 881694103 203 3248 SH SOLE 3248
D United Dominion Realty com 910197102 4196 357100 SH SOLE 357100
D Watts Industries, Inc. - Class com 942749102 2705 141000 SH SOLE 141000
D Whirlpool Corp. com 963320106 3929 53100 SH SOLE 53100
S REPORT SUMMARY 33 DATA RECORDS 110378 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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