PEG CAPITAL MANAGEMENT INC /NH/
13F-HR, 1999-08-26
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<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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