Untied States
Securities and Exchange Commission
Washingtion, D.C. 20549
Form 13F
Form 13F Cover Page
Report for the Quarter ending June 30, 2000
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: Northeast Investors
Address: 50 COngress Street
Suite 1000
Boston, MA 02109
13F File Number:
The institutional investment manger 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: William Oates
Title: Trustee
Phone: 617-523-3588
Signature, Place, and Date of Sighing
Willaim Oates, Boston, MA, April 15, 2000 Report (Check if only one):
[X] 13F Holdings Report.
[ ] 13F Notice.
[ ] 13F Combination Report.
List of Other Managers Reporting for this Manger:
I am signing this report as required by the Securities Exchange Act of 1934.
<PAGE>
Form 13F Summary Page Report Summary:
Number of the Included Managers: 1
Form 13F Information Table Entry Total:
Form 13F Information Table Value Total:
List of Other Included Manager:
Name: Ernest E. Monrad
Title: Trustee
Phone: 617-523-3588
Signature, Place, and Date of Signing:
Ernest E. Monrad, Boston, MA April 15, 2000
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FORM 13F AS OF 6/30/2000
Item 6 Item 8
Item 1 Item 3 Item 4 Item 5 Investment Discretion Voting Authority
-------------- ----- ----------------- --------------------- -------- --------
COMMON STOCKS
DIAMLERCHRYSLER AG D1668R123 19,471.00 374.000 374.000 374.000
ACE LTD G0070K103 7,195.00 253.000 253.000 253.000
GEMSTAR INTL GROUP LTD G3788V106 14,925.00 200.000 200.000 200.000
PARTNERRE LTD G6852T105 5,819.00 157.000 157.000 157.000
TRANSOCEAN SEDCO FOREX INC G90078109 53,063.00 993.000 993.000 993.000
WHITE MOUNTAINS INSURANCE G9618E107 40,000.00 250.000 250.000 250.000
XL CAPITAL LTD-CL A G98255105 7,710.00 136.000 136.000 136.000
VOCALTEC M97601104 204,700.00 8,900.000 8,900.000 8,900.000
AFLAC INC. 001055102 101,614.00 2,212.000 2,212.000 2,212.000
AGL RESOURCES 001204106 6,375.00 400.000 400.000 400.000
AT&T CORP 001957109 723,108.00 22,865.000 22,865.000 22,865.000
ABBOTT LABORATORIES 002824100 8,565,142.00 192,205.000 192,205.000 192,205.000
ACNIELSON CORP 004833109 27,126.00 1,233.000 1,233.000 1,233.000
ADOBE SYSTEMS 00724F101 910,000.00 7,000.000 7,000.000 7,000.000
ADVANCED MICRO DEVICES 007903107 9,656.00 125.000 125.000 125.000
AEGON N V ADR 007924103 49,946.00 1,402.000 1,402.000 1,402.000
AGILENT INC 00846U101 1,166,504.00 15,817.000 15,817.000 15,817.000
AGRIBRANDS INTERNATIONAL INC 00849R105 3,397.00 81.000 81.000 81.000
AIR PRODUCTS & CHEMICAL 009158106 460,647.00 14,950.000 14,950.000 14,950.000
ALBERTSONS INC DEL 013104104 26,434.00 795.000 795.000 795.000
ALCAN ALUMINIUM LTD 013716105 13,640.00 440.000 440.000 440.000
ALCOA INC 013817101 46,922.00 1,618.000 1,618.000 1,618.000
ALLEGHENY ENERGY INC 017361106 2,190.00 80.000 80.000 80.000
ALLIANCE FUND 01859K105 3,605.00 544.000 544.000 544.000
ALLSTATE CORP 020002101 139,864.00 6,286.000 6,286.000 6,286.000
ALLTEL CORP 020039103 117,248.00 1,893.000 1,893.000 1,893.000
ALCOA 022249106 116.00 4.000 4.000 4.000
ALZA CORP CLASS A 022615108 88,688.00 1,500.000 1,500.000 1,500.000
AMERADA HESS 023551104 50,635.00 820.000 820.000 820.000
AMERICA ONLINE INC 02364J104 6,328,300.00 120,110.000 120,110.000 120,110.000
AMERICAN ELEC PWR CO 025537101 12,859.00 434.000 434.000 434.000
AMERICAN EXPRESS CO 025816109 4,696,518.00 90,101.000 90,101.000 90,101.000
AMERICAN GENERAL 026351106 39,162.00 642.000 642.000 642.000
AMER HOME PRODUCTS 026609107 11,965,203.00 203,663.000 203,663.000 203,663.000
AMER INTERNTL GROUP 026874107 18,975,184.00 161,491.000 161,491.000 161,491.000
AMERICAN STANDARD COS INC 029712106 4,100.00 100.000 100.000 100.000
AMERICAN SUPERCONDUCTOR CORP 030111108 33,775.00 700.000 700.000 700.000
AMGEN INC 031162100 4,809,396.00 68,461.000 68,461.000 68,461.000
AMPCO-PITTSBURGH CORP 032037103 10,013.00 900.000 900.000 900.000
AMSOUTH BANCORP 032165102 17,672.00 1,122.000 1,122.000 1,122.000
ANALOG DEVICES 032654105 546,896.00 7,196.000 7,196.000 7,196.000
ANHEUSER BUSCH 035229103 1,632,223.00 21,854.000 21,854.000 21,854.000
APPLE COMPUTER INC 037833100 1,064,262.00 20,320.000 20,320.000 20,320.000
ARCHER DANIELS MIDLD 039483102 10,322.00 1,052.000 1,052.000 1,052.000
ARIAD PHARMACEUTICALS INC 04033A100 133,125.00 10,000.000 10,000.000 10,000.000
ARMSTRONG HOLDINGS INC 042476101 9,953.00 650.000 650.000 650.000
ARROW ELECTRONICS 042735100 17,050.00 550.000 550.000 550.000
ASHLAND INC 044204105 5,260.00 150.000 150.000 150.000
ASPEN TECHNOLOGY INC 045327103 3,850.00 100.000 100.000 100.000
ASSOCIATES FIRST CAPITAL 046008108 5,846.00 262.000 262.000 262.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
Page 2
Item 6 Item 8
Item 1 Item 3 Item 4 Item 5 Investment Discretion Voting Authority
-------------- ----- ----------------- --------------------- -------- --------
COMMON STOCKS
AUTOMATIC DATA PROCESSING 053015103 964,127.00 18,000.000 18,000.000 18,000.000
AUTONATION INC 05329W102 2,119.00 300.000 300.000 300.000
AVERY-DENNISON CORP 053611109 924,647.00 13,775.000 13,775.000 13,775.000
AVNET INC 053807103 2,963.00 50.000 50.000 50.000
AZTAR CORP 054802103 15,500.00 1,000.000 1,000.000 1,000.000
BP AMOCO PLC 055622104 4,785,923.00 84,613.000 84,613.000 84,613.000
BALTIMORE GAS & ELEC 059165100 45,498.00 1,326.000 1,326.000 1,326.000
BANK OF AMERICA CORP 060505104 1,629,614.00 37,898.000 37,898.000 37,898.000
BANK OF NEW YORK CO INC 064057102 2,017,635.00 43,390.000 43,390.000 43,390.000
BANC ONE CORP 06423A103 183,494.00 6,908.000 6,908.000 6,908.000
BANKAMERICA CORP 06605F102 21,120.00 440.000 440.000 440.000
BAXTER INTERNATIONAL INC 071813109 136,126.00 1,936.000 1,936.000 1,936.000
BECKMAN COULTER INC 075811109 6,421.00 110.000 110.000 110.000
BELL ATLANTIC CORP 077853109 1,885,654.00 37,110.000 37,110.000 37,110.000
BELLSOUTH CORP 079860102 1,103,221.00 25,882.000 25,882.000 25,882.000
BELO A H CORP 080555105 192,067.00 11,094.000 11,094.000 11,094.000
BEMIS COMPANY 081437105 221,084.00 6,575.000 6,575.000 6,575.000
BERKSHIRE HATHAWAY INC-A 084670108 3,335,600.00 62.000 62.000 62.000
BERKSHIRE HATHAWAY INC-B 084670207 1,390,400.00 790.000 790.000 790.000
BESTFOODS 08658U101 96,950.00 1,400.000 1,400.000 1,400.000
BIOGEN INC 090597105 51,600.00 800.000 800.000 800.000
BOSTON SCIENTIFIC CORP 101137107 253,379.00 11,550.000 11,550.000 11,550.000
BOWNE & CO INC 103043105 4,025.00 400.000 400.000 400.000
BRISTOL MYERS SQUIBB CO 110122108 21,345,326.00 366,443.000 366,443.000 366,443.000
BROADCOM CORP-CL A 111320107 737,819.00 3,370.000 3,370.000 3,370.000
BROWNE & SHARPE 115223109 550.00 200.000 200.000 200.000
BROWN FORMAN DIST A 115637100 2,984,335.00 56,575.000 56,575.000 56,575.000
BROWN FORMAN DIST B 115637209 367,811.00 6,843.000 6,843.000 6,843.000
BURLINGTON NORTHERN SANTA FE 12189T104 41,044.00 1,800.000 1,800.000 1,800.000
CAIS US 12476Q102 14,062.00 1,000.000 1,000.000 1,000.000
CCB FINANCIAL CORP 124875105 52,688.00 1,424.000 1,424.000 1,424.000
CECO ENVIROMENTAL CORP 125141101 18,307.00 8,250.000 8,250.000 8,250.000
CIGNA CORP 125509109 496,485.00 5,310.000 5,310.000 5,310.000
C.I.T. GROUP INC-A 125577106 3,900.00 240.000 240.000 240.000
CMGI INC 125750109 89,334.00 1,950.000 1,950.000 1,950.000
CML GROUP 125820100 4.00 575.000 575.000 575.000
C S X CORP 126408103 44,388.00 2,095.000 2,095.000 2,095.000
CVS CORP 126650100 959,200.00 23,980.000 23,980.000 23,980.000
CABOT CORP 127055101 221,271.00 8,120.000 8,120.000 8,120.000
CACI INTL INC CL A 127190304 13,650.00 700.000 700.000 700.000
CADBURY SCHWEPPES PLC 127209302 17,535.00 668.000 668.000 668.000
CAMBRIDGE BANCORP 132152109 2,660,850.00 35,478.000 35,478.000 35,478.000
CAMPBELL SOUP CO 134429109 106,889.00 3,670.000 3,670.000 3,670.000
CANADIAN PACIFIC LTD NEW 135923100 15,712.00 600.000 600.000 600.000
CAPITAL ONE FINANCIAL CORP 14040H105 6,694.00 150.000 150.000 150.000
CARDINAL HEALTH INC 14149Y108 58,488.00 790.000 790.000 790.000
CAREMARK INTERNATIONAL INC 141704106 1,500.00 64.000 64.000 64.000
CAROLINA PWR & LIGHT 144141108 3,194.00 100.000 100.000 100.000
CATELLUS DEVELOPMENT CORP 149111106 3,450.00 230.000 230.000 230.000
CATERPILLAR TRACTOR 149123101 93,832.00 2,770.000 2,770.000 2,770.000
CHAMPION INTL CORP 158525105 4,015.00 55.000 55.000 55.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
Page 3
Item 6 Item 8
Item 1 Item 3 Item 4 Item 5 Investment Discretion Voting Authority
-------------- ----- ----------------- --------------------- -------- --------
COMMON STOCKS
CHASE MANHATTAN CORP NEW 16161A108 3,799,720.00 82,491.000 82,491.000 82,491.000
CHEVRON CORP 166751107 9,213,126.00 108,629.000 108,629.000 108,629.000
CHOICEPOINT INC 170388102 28,480.00 640.000 640.000 640.000
CHUBB CORPORATION 171232101 6,593,414.00 107,210.000 107,210.000 107,210.000
CINCINNATI FINANCIAL CP 172062101 452,073.00 14,380.000 14,380.000 14,380.000
CIRCUIT CITY STORES 172737108 282,098.00 8,500.000 8,500.000 8,500.000
CISCO SYSTEMS INC 17275R102 58,231,633.00 916,131.000 916,131.000 916,131.000
CITIGROUP INC 172967101 9,773,461.00 162,216.000 162,216.000 162,216.000
CITRIX SYSTEMS INC 177376100 3,787.00 200.000 200.000 200.000
CLOROX COMPANY 189054109 1,012,763.00 22,600.000 22,600.000 22,600.000
COCA COLA 191216100 12,686,683.00 220,878.000 220,878.000 220,878.000
COHERENT INC 192479103 213,881.00 2,550.000 2,550.000 2,550.000
COLGATE PALMOLIVE 194162103 886,212.00 14,801.000 14,801.000 14,801.000
COLLEGELINK.COM INC 194535100 2,523.00 2,883.000 2,883.000 2,883.000
COMCAST CORP CLASS A 200300101 136,063.00 3,500.000 3,500.000 3,500.000
COMCAST CORP SPECIAL CL A 200300200 190,350.00 4,700.000 4,700.000 4,700.000
COMMERCE BANCSHARES INC 200525103 40,609.00 1,365.000 1,365.000 1,365.000
COMMERCIAL FEDERAL CORP 201647104 34,238.00 2,200.000 2,200.000 2,200.000
COMM FIRST BANKSHARES 203902101 37,519.00 2,300.000 2,300.000 2,300.000
COMPAQ COMPUTER CORP 204493100 1,344,251.00 46,718.000 46,718.000 46,718.000
COMPUTER ASSOCIATES INTL INC 204912109 52,877.00 1,033.000 1,033.000 1,033.000
COMSAT CORP 20564D107 10,622.00 452.000 452.000 452.000
COMVERSE TECHNOLOGY INC 205862402 943,020.00 10,140.000 10,140.000 10,140.000
CONCORD COMMUNICATIONS 206186108 91,713.00 2,300.000 2,300.000 2,300.000
CONOCO INC CL B 208251405 538,091.00 21,907.000 21,907.000 21,907.000
CONSOLIDATED PAPERS INC 209759109 6,580.00 180.000 180.000 180.000
CONSTELLATION ENERGY 210371100 104,037.00 3,195.000 3,195.000 3,195.000
CONVERGYS CORP 212485106 93,500.00 2,000.000 2,000.000 2,000.000
COOPER INDUSTRIES 216669101 20,644.00 634.000 634.000 634.000
COOPER TIRE & RUBBER 216831107 1,669.00 150.000 150.000 150.000
CORNERSTONE INTERNET SOLUTIONS 21923C103 875.00 500.000 500.000 500.000
CORNING INC 219350105 18,079,493.00 66,992.000 66,992.000 66,992.000
COSTCO COMPANIES INC 22160Q102 330,000.00 10,000.000 10,000.000 10,000.000
COVANCE INC 222816100 2,423.00 275.000 275.000 275.000
COX COMMUNICATIONS INC CLASS A 224044107 8,333,117.00 182,894.000 182,894.000 182,894.000
CREATIVE BIOMOLECULES 225270107 2,800.00 200.000 200.000 200.000
CROMPTON CORP 227116100 74.00 6.000 6.000 6.000
A T CROSS 227478104 988.00 200.000 200.000 200.000
CROWN CORK & SEAL CO INC 228255105 3,600.00 240.000 240.000 240.000
DANA CORPORATION 235811106 42,163.00 1,990.000 1,990.000 1,990.000
DARDEN RESTAURANTS, INC 237194105 232,379.00 14,300.000 14,300.000 14,300.000
DARLING DELAWARE COMMON STOCK 237266101 1,200.00 1,200.000 1,200.000 1,200.000
DELL COMPUTER 247025109 2,225,080.00 45,122.000 45,122.000 45,122.000
DELTA AIRLINES 247361108 212,363.00 4,200.000 4,200.000 4,200.000
DIEBOLD INC 253651103 840,407.00 30,149.000 30,149.000 30,149.000
DILLARDS INC-CL A 254067101 2,144.00 175.000 175.000 175.000
DISNEY (WALT) PRODUCTIONS 254687106 16,122,536.00 415,395.000 415,395.000 415,395.000
DITECH COMMUNICATIONS CORP 25500M103 4,728.00 50.000 50.000 50.000
DOMINION RESOURCES INC 25746U109 168,284.00 3,925.000 3,925.000 3,925.000
R R DONNELLEY & SONS CO 257867101 31,588.00 1,400.000 1,400.000 1,400.000
DOVER CORP 260003108 48,675.00 1,200.000 1,200.000 1,200.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
Page 4
Item 6 Item 8
Item 1 Item 3 Item 4 Item 5 Investment Discretion Voting Authority
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COMMON STOCKS
DOW CHEMICAL CO 260543103 508,199.00 16,835.000 16,835.000 16,835.000
DOW JONES 260561105 51,275.00 700.000 700.000 700.000
DUPONT 263534109 1,546,475.00 35,348.000 35,348.000 35,348.000
DUN & BRADSTREET CORP 26483B106 175,614.00 6,135.000 6,135.000 6,135.000
EMC CORP/MASS 268648102 43,767,249.00 568,867.000 568,867.000 568,867.000
E-TEK DYNAMICS INC 269240107 131,906.00 500.000 500.000 500.000
E*TRADE GROUP INC 269246104 5,610.00 340.000 340.000 340.000
EASTERN ENTERPRISES 27637F100 325,584.00 5,168.000 5,168.000 5,168.000
EASTMAN CHEM 277432100 16,236.00 340.000 340.000 340.000
EASTMAN KODAK CO 277461109 437,624.00 7,355.000 7,355.000 7,355.000
EATON CORP 278058102 28,475.00 425.000 425.000 425.000
EATON VANCE CORP 278265103 10,763,648.00 232,727.000 232,727.000 232,727.000
EL PASO ENERGY CORP 283905107 244,500.00 4,800.000 4,800.000 4,800.000
ELAN CORP PLC-SPONS ADR 284131208 12,594.00 260.000 260.000 260.000
ELCOM INTERNATIONAL INC 284434107 2,063.00 300.000 300.000 300.000
EMERSON ELEC CO 291011104 2,819,520.00 46,700.000 46,700.000 46,700.000
EMULEX CORP 292475209 65,688.00 1,000.000 1,000.000 1,000.000
ENERGIZER HOLDINGS INC 29266R108 14,837.00 813.000 813.000 813.000
ENRON CORP 293561106 740,460.00 11,480.000 11,480.000 11,480.000
ENTREMED INC 29382F103 38,918.00 1,300.000 1,300.000 1,300.000
EQUIFAX 294429105 1,438,895.00 54,815.000 54,815.000 54,815.000
EQUITY INCOME FUND(AT&T) 294700703 261,227.00 1,497.000 1,497.000 1,497.000
ERICSSON (LM) TEL-SP ADR 294821400 644,000.00 32,200.000 32,200.000 32,200.000
EXTREME NETWORKS INC 30226D106 26,375.00 250.000 250.000 250.000
EXXON MOBIL CORPORATION 30231G102 30,363,884.00 386,801.000 386,801.000 386,801.000
FPL GROUP INC 302571104 79,448.00 1,605.000 1,605.000 1,605.000
FANNIE MAE 313586109 321,475.00 6,160.000 6,160.000 6,160.000
FEDERATED DEPARTMENT STORES 31410H101 97,032.00 2,875.000 2,875.000 2,875.000
FEDEX CORPORATION 31428X106 202,920.00 5,340.000 5,340.000 5,340.000
FERRO CORP 315405100 36,561.00 1,741.000 1,741.000 1,741.000
FIFTH THIRD BANCORP 316773100 11,358,355.00 179,579.000 179,579.000 179,579.000
FIRST AUSTRALIA 318652104 7,102.00 1,033.000 1,033.000 1,033.000
FIRST AUSTRALIA PRIME 318653102 5,596.00 1,210.000 1,210.000 1,210.000
FIRST SECURITY CORP 336294103 109,747.00 8,092.000 8,092.000 8,092.000
FIRST TENN NATL CORP 337162101 3,994,312.00 241,165.000 241,165.000 241,165.000
FIRST UNION CORP 337358105 675,198.00 27,212.000 27,212.000 27,212.000
FIRST VIRGINIA BANKS INC 337477103 117,492.00 3,375.000 3,375.000 3,375.000
FIRSTAR CORP 33763V109 24,011.00 1,140.000 1,140.000 1,140.000
FLEET FINL GROUP INC 338902109 5,000.00 400.000 400.000 400.000
FLEET BOSTON FINANCIAL CORP 339030108 24,510,902.00 720,909.000 720,909.000 720,909.000
FLORIDA EAST COAST INDUSTRIES 340632108 27,000.00 675.000 675.000 675.000
FLORIDA ROCK INDS 341140101 114,000.00 3,200.000 3,200.000 3,200.000
FLUOR CORP 343861100 4,744.00 150.000 150.000 150.000
FORD MOTOR CO 345370100 100,749.00 2,343.000 2,343.000 2,343.000
FOREST LABORATORIES 345838106 363,600.00 3,600.000 3,600.000 3,600.000
FORT JAMES CORPORATION 347471104 18,500.00 800.000 800.000 800.000
FOUNDATION HEALTH SYSTEMS -A 350404109 455.00 35.000 35.000 35.000
GATX CORP 361448103 85,000.00 2,500.000 2,500.000 2,500.000
GC COMPANIES 36155Q109 5,146.00 230.000 230.000 230.000
GTE CORP 362320103 2,317,013.00 37,221.000 37,221.000 37,221.000
GANNETT CO INC 364730101 483,285.00 8,080.000 8,080.000 8,080.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
Page 5
Item 6 Item 8
Item 1 Item 3 Item 4 Item 5 Investment Discretion Voting Authority
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COMMON STOCKS
GAP INC 364760108 153,876.00 4,924.000 4,924.000 4,924.000
GARTNER GROUP INC CL B 366651206 5,135.00 520.000 520.000 520.000
GATEWAY 2000 INC 367833100 45,400.00 800.000 800.000 800.000
GAYLORD CONTAINER COMMON STOCK 368145108 30,369.00 11,300.000 11,300.000 11,300.000
GENERAL ELECTRIC CO 369604103 100,734,190.00 1,900,645.000 1,900,645.000 1,900,645.000
GENERAL MILLS INC 370334104 5,918,880.00 154,742.000 154,742.000 154,742.000
GENERAL MOTORS CORP 370442105 2,024,644.00 34,870.000 34,870.000 34,870.000
GENERAL MOTORS CLASS H 370442832 307,564.00 3,505.000 3,505.000 3,505.000
GENESIS HEALTH 371912106 18,000.00 100,000.000 100,000.000 100,000.000
GENUINE PARTS CO 372460105 21,350.00 1,068.000 1,068.000 1,068.000
GENZYME CORP 372917104 37,148.00 625.000 625.000 625.000
GEORGIA PACIFIC CO 373298108 133,875.00 5,100.000 5,100.000 5,100.000
GILLETTE CO 375766102 3,038,099.00 86,958.000 86,958.000 86,958.000
GLAXO WELLCOME PLC-SPONS 37733W105 248,592.00 4,300.000 4,300.000 4,300.000
GOLDEN WEST FINANCIAL CORP 381317106 2,041.00 50.000 50.000 50.000
GOLDMAN SACHS GROUP INC 38141G104 295,061.00 3,110.000 3,110.000 3,110.000
B.F. GOODRICH 382388106 3,406.00 100.000 100.000 100.000
GOODYEAR TIRE RUBBER 382550101 4,500.00 225.000 225.000 225.000
GRUPO TELEVISA SA-SPONS GDR 40049J206 482,559.00 7,000.000 7,000.000 7,000.000
GUIDANT CORP 401698105 485,100.00 9,800.000 9,800.000 9,800.000
HSB GROUP INC 40428N109 51,357.00 1,650.000 1,650.000 1,650.000
HALLIBURTON CO 406216101 33,031.00 700.000 700.000 700.000
JOHN HANCOCK BANK & THRIFT 409735107 3,825.00 572.000 572.000 572.000
JOHN HANCOCK FINANCIAL 41014S106 116,330.00 4,911.000 4,911.000 4,911.000
HARCOURT GENERAL INC 41163G101 119,626.00 2,200.000 2,200.000 2,200.000
HARLEY-DAVIDSON INC 412822108 115,500.00 3,000.000 3,000.000 3,000.000
HARRAH'S ENTERTAINMENT INC 413619107 83,750.00 4,000.000 4,000.000 4,000.000
HARTFORD FINANCIAL SVCS GRP 416515104 990,085.00 17,700.000 17,700.000 17,700.000
HARTFORD LIFE INC CL A 416592103 355,424.00 7,082.000 7,082.000 7,082.000
H J HEINZ CO 423074103 5,722,333.00 130,796.000 130,796.000 130,796.000
HELIX TECHNOLOGY 423319102 31,200.00 800.000 800.000 800.000
HERSHEY FOODS CORP 427866108 2,609,785.00 53,810.000 53,810.000 53,810.000
HEWLETT PACKARD CO 428236103 14,900,721.00 119,325.000 119,325.000 119,325.000
HEXCEL CORP 428291108 142,500.00 15,000.000 15,000.000 15,000.000
HILLENBRAND INDUSTRIES INC 431573104 15,656.00 500.000 500.000 500.000
HOECHST AKTIENGESELLSHAFT 434390308 13,275.00 300.000 300.000 300.000
HOME DEPOT 437076102 5,736,301.00 114,870.000 114,870.000 114,870.000
HORMEL FOODS CORP 440452100 1,681.00 100.000 100.000 100.000
HOUGHTON MIFFLIN CO 441560109 908,074.00 19,450.000 19,450.000 19,450.000
HOUSEHOLD INTERNATIONAL 441815107 4,037,344.00 97,139.000 97,139.000 97,139.000
HUMAN GENOME SCIENCES INC 444903108 38,012.00 285.000 285.000 285.000
ICN PHARMACEUTICALS 448924100 18,551.00 667.000 667.000 667.000
IMS HEALTH INC 449934108 85,500.00 4,750.000 4,750.000 4,750.000
ITC DELTACOM 45031T104 22,402.00 1,004.000 1,004.000 1,004.000
IMATION CORPORATION 45245A107 2,145.00 73.000 73.000 73.000
IMPERIAL CHEM INDS 452704505 37,283.00 1,210.000 1,210.000 1,210.000
IMPERIAL OIL LTD 453038408 14,625.00 600.000 600.000 600.000
INDEPENDENT BANK CORP 453836108 157,029.00 13,881.000 13,881.000 13,881.000
INGERSOLL RAND 456866102 275,914.00 6,855.000 6,855.000 6,855.000
INTEGRA INC 45811M105 1,031.00 1,500.000 1,500.000 1,500.000
INTEL CORP 458140100 51,347,321.00 384,085.000 384,085.000 384,085.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
Page 6
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-------------- ----- ----------------- --------------------- -------- --------
COMMON STOCKS
INTERNATL BUS MACH 459200101 20,047,364.00 182,977.000 182,977.000 182,977.000
INTL FLAVORS FRAGRNC 459506101 3,019.00 100.000 100.000 100.000
INTERNATIONAL GAME TECHNOLOGY 459902102 2,650.00 100.000 100.000 100.000
INTL PAPER CO 460146103 53,233.00 1,637.000 1,637.000 1,637.000
INTL RECTIFIER CORP 460254105 11,200.00 200.000 200.000 200.000
INTIMATE BRANDS 461156101 3,950.00 200.000 200.000 200.000
INTUIT INC 461202103 803,089.00 19,410.000 19,410.000 19,410.000
INVESTORS FINANCIAL COMMON 461915100 6,963,739.00 175,464.000 175,464.000 175,464.000
INVESTORS FINL SVC CO CLS A 461915209 74,947.00 2,012.000 2,012.000 2,012.000
IONICS INC 462218108 26,338.00 860.000 860.000 860.000
IPALCO ENTERPRISES INC 462613100 36,225.00 1,800.000 1,800.000 1,800.000
ISIS PHARMACEUTICAL 464330109 24,650.00 1,700.000 1,700.000 1,700.000
ISOMET CORP 464893106 55,000.00 10,000.000 10,000.000 10,000.000
JDS UNIPHASE CORP 46612J101 530,447.00 4,425.000 4,425.000 4,425.000
JEFFERSON PILOT 475070108 1,371,541.00 24,302.000 24,302.000 24,302.000
JOHNSON & JOHNSON 478160104 25,211,215.00 247,472.000 247,472.000 247,472.000
K L A INSTRUMENTS CO 482480100 67,346.00 1,150.000 1,150.000 1,150.000
KANSAS CITY SOUTHERN INDS 485170104 8,869.00 100.000 100.000 100.000
KELLOGG CO 487836108 310,055.00 10,422.000 10,422.000 10,422.000
KIMBERLY CLARK CORP 494368103 797,283.00 13,896.000 13,896.000 13,896.000
KROGER CO 501044101 105,900.00 4,800.000 4,800.000 4,800.000
LAMAR ADVERTISING CO 512815101 8,662.00 200.000 200.000 200.000
ESTEE LAUDER COS INC A 518439104 29,662.00 600.000 600.000 600.000
LEXMARK INTL GROUP INC-CL A 529771107 70,613.00 1,050.000 1,050.000 1,050.000
ELI LILLY & CO 532457108 17,348,549.00 173,702.000 173,702.000 173,702.000
LINCOLN NATIONAL CORP 534179106 125,000.00 1,600.000 1,600.000 1,600.000
LINCOLN NATL CORP 534187109 57,800.00 1,600.000 1,600.000 1,600.000
LITTON INDUSTRIES INC 538021106 1,680.00 40.000 40.000 40.000
LOCKHEED MARTIN CORP 539830109 30,271.00 1,220.000 1,220.000 1,220.000
LOUISIANA PAC CORP 546347105 18,563.00 1,500.000 1,500.000 1,500.000
LOWES COMPANIES 548661107 16,425.00 400.000 400.000 400.000
LUBRIZOL CORP 549271104 3,360.00 160.000 160.000 160.000
LUCENT TECHNOLOGIES INC 549463107 2,746,356.00 46,352.000 46,352.000 46,352.000
LYONDELL CHEMICAL COMPANY 552078107 1,675.00 100.000 100.000 100.000
M&F WORLDWIDE CORP 552541104 281.00 50.000 50.000 50.000
MBIA INC 55262C100 2,892.00 60.000 60.000 60.000
MBNA CORPORATION 55262L100 204,116.00 7,525.000 7,525.000 7,525.000
MFN FINANCIAL CORP 55272N104 470.00 76.000 76.000 76.000
MGM GRAND INC 552953101 9,638.00 300.000 300.000 300.000
MARSH & MCLENNAN 571748102 1,549,266.00 15,200.000 15,200.000 15,200.000
MARRIOTT INTERNALTIONAL-CL A 571903202 183,269.00 5,082.000 5,082.000 5,082.000
MATTEL 577081102 40,248.00 3,052.000 3,052.000 3,052.000
MAY DEPT STORES 577778103 2,043,264.00 85,136.000 85,136.000 85,136.000
MAXXAM INC 577913106 37,808.00 2,130.000 2,130.000 2,130.000
MAYTAG CO 578592107 6,084.00 165.000 165.000 165.000
MCDONALD'S CORP 580135101 1,146,227.00 34,800.000 34,800.000 34,800.000
MCGRAW-HILL COMPANIES INC. 580645109 1,782,486.00 33,009.000 33,009.000 33,009.000
MCKESSON HBOC INC 58155Q103 103,366.00 4,937.000 4,937.000 4,937.000
MEAD CORP 582834107 40,906.00 1,620.000 1,620.000 1,620.000
MEADE INSTRUMENTS CORP 583062104 10,050.00 400.000 400.000 400.000
MEDFORD BANCORP INC 584131106 33,900.00 2,400.000 2,400.000 2,400.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
Page 7
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-------------- ----- ----------------- --------------------- -------- --------
COMMON STOCKS
MEDIAONE GROUP INC 58440J104 1,226,300.00 18,406.000 18,406.000 18,406.000
MEDICAL ACTION INDUSTRIES 58449L100 562.00 200.000 200.000 200.000
MEDTRONIC 585055106 4,661,454.00 93,580.000 93,580.000 93,580.000
MELLON FINANCIAL CORP 58551A108 5,974,153.00 163,956.000 163,956.000 163,956.000
MERCANTILE BANKSHARES CORP 587405101 44,718.00 1,500.000 1,500.000 1,500.000
MERCHANTS CAPITAL CORP 588530204 450.00 450.000 450.000 450.000
MERCK & CO 589331107 53,861,901.00 702,928.000 702,928.000 702,928.000
MEREDITH CORP 589433101 3,375.00 100.000 100.000 100.000
METLIFE INC 59156R108 6,169.00 300.000 300.000 300.000
MICROSOFT CORP 594918104 40,765,200.00 509,565.000 509,565.000 509,565.000
MILLENNIUM CHEMICALS INC 599903101 3,740.00 220.000 220.000 220.000
MINNESOTA MINING MFG 604059105 2,712,437.00 32,878.000 32,878.000 32,878.000
MOLEX 608554101 36,094.00 750.000 750.000 750.000
MONTANA POWER CO 612085100 56,499.00 1,600.000 1,600.000 1,600.000
J P MORGAN & CO 616880100 5,298,235.00 48,111.000 48,111.000 48,111.000
MORGAN ST DEAN WITTER & CO 617446448 495,005.00 5,946.000 5,946.000 5,946.000
MSDW INCOME SECURITIES INC 61745P874 3,254.00 201.000 201.000 201.000
MOTOROLA INC 620076109 4,163,269.00 143,252.000 143,252.000 143,252.000
NL INDUSTRIES 629156407 135,725.00 8,900.000 8,900.000 8,900.000
NUCO2 INC 629428103 21,600.00 2,700.000 2,700.000 2,700.000
NALCO CHEMICAL CO 629853102 1,581.00 30.000 30.000 30.000
NATIONAL BANCORP ALASKA 632587101 11,155,413.00 310,952.000 310,952.000 310,952.000
NATL CITY CORP 635405103 7,500,402.00 439,584.000 439,584.000 439,584.000
NATIONAL DATA CORP 635621105 69,000.00 3,000.000 3,000.000 3,000.000
NATIONAL SEMICONDUCTOR 637640103 11,350.00 200.000 200.000 200.000
NATIONWIDE FINANCIAL SERVICES 638612101 328,750.00 10,000.000 10,000.000 10,000.000
NEIMAN MARCUS GROUP 640204301 18,371.00 662.000 662.000 662.000
NEW CENTURY ENERGIES INC 64352U103 9,570.00 319.000 319.000 319.000
NEW ENGLAND BANCORP 643859101 285.00 285.000 285.000 285.000
NEW PLAN EXCEL 648059103 22,563.00 1,000.000 1,000.000 1,000.000
NEW YORK TIMES CO A 650111107 118,500.00 3,000.000 3,000.000 3,000.000
NEWELL RUBBERMAID 651229106 61,800.00 2,400.000 2,400.000 2,400.000
NEWS ITD ADR NEW 652487703 283,400.00 5,200.000 5,200.000 5,200.000
NICOR INC 654086107 13,050.00 400.000 400.000 400.000
NOKIA CORP SPONSORED 654902204 11,028,420.00 220,868.000 220,868.000 220,868.000
NORFOLK & SOUTHERN 655844108 142,278.00 9,510.000 9,510.000 9,510.000
NORTEL NETWORKS CORP 656568102 7,805,847.00 114,355.000 114,355.000 114,355.000
NORTHERN TRUST 665859104 907,037.00 13,941.000 13,941.000 13,941.000
NOVARTIS A G 66987V109 127,840.00 3,196.000 3,196.000 3,196.000
NVIDIA CORP 67066G104 2,542.00 40.000 40.000 40.000
OGE ENERGY CORP 670837103 79,550.00 4,300.000 4,300.000 4,300.000
OCCIDENTAL PETROLEUM CO 674599105 9,478.00 450.000 450.000 450.000
OFFICE DEPOT INC NEW 676220106 2,286.00 157.000 157.000 157.000
OHIO CASUALTY CORP 677240103 649,351.00 61,115.000 61,115.000 61,115.000
OLD REPUBLIC INTL CP 680223104 2,475.00 150.000 150.000 150.000
OMNICARE INC 681904108 45,310.00 5,000.000 5,000.000 5,000.000
OMEGA HEALTHCARE INVESTORS 681936100 900.00 200.000 200.000 200.000
ORACLE CORPORATION 68389X105 16,932,478.00 201,427.000 201,427.000 201,427.000
PECO ENERGY CO 693304107 92,719.00 2,300.000 2,300.000 2,300.000
PE-CORP CLERA GENOMICS 69332S201 27,416.00 298.000 298.000 298.000
PMC CAPITAL 693430100 9,750.00 1,000.000 1,000.000 1,000.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
Page 8
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-------------- ----- ----------------- --------------------- -------- --------
COMMON STOCKS
PMC- SIERRA INC 69344F106 100,571.00 566.000 566.000 566.000
P P G INDUSTRIES INC 693506107 234,502.00 5,292.000 5,292.000 5,292.000
PACIFIC CENTURY FINANCIAL CORP 694058108 241,314.00 16,500.000 16,500.000 16,500.000
PACIFICARE HELATH SYSTEMS-B 695112201 4,676.00 65.000 65.000 65.000
PAINE WEBBER GROUP INC 695629105 469,302.00 10,750.000 10,750.000 10,750.000
PAYCHEX INC 704326107 201,600.00 4,800.000 4,800.000 4,800.000
PAYLESS SHOESOURCE INC 704379106 48,534.00 947.000 947.000 947.000
J C PENNEY 708160106 63,615.00 3,345.000 3,345.000 3,345.000
PEPSICO 713448108 3,159,201.00 71,093.000 71,093.000 71,093.000
PFIZER INC 717081103 60,140,045.00 1,252,920.000 1,252,920.000 1,252,920.000
PHARMACIA 71713U102 2,028,269.00 39,241.000 39,241.000 39,241.000
PHILIP MORRIS COS INC 718154107 1,040,746.00 39,181.000 39,181.000 39,181.000
PHILLIPS PETROLEUM 718507106 17,740.00 350.000 350.000 350.000
PHYCOR INC 71940F100 439.00 702.000 702.000 702.000
PITNEY BOWES INC 724479100 404,000.00 10,100.000 10,100.000 10,100.000
POTOMAC ELEC PWR 737679100 37,500.00 1,500.000 1,500.000 1,500.000
PRAXAIR INC 74005P104 7,488.00 200.000 200.000 200.000
PREMIER PARKS INC 740540208 3,595.00 158.000 158.000 158.000
T ROWE PRICE ASSOCIATES 741477103 2,419,100.00 56,920.000 56,920.000 56,920.000
PROCTER & GAMBLE 742718109 11,803,472.00 206,174.000 206,174.000 206,174.000
PROPERTY CAPITAL TR.,INC 74343M102 185.00 368.000 368.000 368.000
PROVIDIAN FINANCIAL CORP 74406A102 609,750.00 6,775.000 6,775.000 6,775.000
PUGET SOUND POWER & LIGHT 745332106 2,131.00 100.000 100.000 100.000
QLOGIC CORP 747277101 132,125.00 2,000.000 2,000.000 2,000.000
QUAKER OATS 747402105 1,375,765.00 18,313.000 18,313.000 18,313.000
QUALCOMM INC 747525103 2,475,600.00 41,260.000 41,260.000 41,260.000
QUANTUM CORP 747906105 9,650.00 400.000 400.000 400.000
QUEST DIAGNOSTICS INC 74834L100 84,991.00 1,137.000 1,137.000 1,137.000
QUIXOTE CORP 749056107 9,000.00 600.000 600.000 600.000
QWEST COMMUNICATIONS 749121109 163,870.00 3,298.000 3,298.000 3,298.000
RJR NABISCO HOLDINGS CORP 74960K876 2,152.00 110.000 110.000 110.000
RALCORP HOLDINGS INC 751028101 3,259.00 266.000 266.000 266.000
RALSTON-RALSTON PURINA GRP INC 751277302 48,907.00 2,453.000 2,453.000 2,453.000
RANGER OIL LTD 752805101 11,000.00 2,000.000 2,000.000 2,000.000
RAYONIER INC 754907103 4,484.00 125.000 125.000 125.000
RAYTHEON CO CL B 755111408 123,200.00 6,400.000 6,400.000 6,400.000
REGENERON PHARM INC 75886F107 119,250.00 4,000.000 4,000.000 4,000.000
REGIONS FINANCIAL CORP 758940100 310,055.00 15,600.000 15,600.000 15,600.000
REPUBLIC, NY 760719104 15,480.00 215.000 215.000 215.000
REPUBLIC SECURITY FINL CORP 760758102 22,015.00 2,516.000 2,516.000 2,516.000
REUTERS HLDGS PLC 76132M102 157,502.00 1,576.000 1,576.000 1,576.000
REYNOLDS METALS CO 761763101 6,650.00 100.000 100.000 100.000
RIGGS NATIONAL CORP 766570105 22,350.00 1,200.000 1,200.000 1,200.000
RIGHT MANAGEMENT CONSULTANTS 766573109 2,100.00 200.000 200.000 200.000
ROBERT HALF INTL INC 770323103 11,856.00 416.000 416.000 416.000
ROCKWELL INTL CORP 773903109 31,028.00 985.000 985.000 985.000
ROYAL BANK OF CANADA 780087102 103,375.00 2,000.000 2,000.000 2,000.000
ROYAL BK OF SCOTLAND PRFD C 780097408 20,252.00 833.000 833.000 833.000
ROYAL DUTCH PETRO-NY SHARES 780257804 13,579,743.00 220,585.000 220,585.000 220,585.000
RYDER SYSTEM INC 783549108 1,894.00 100.000 100.000 100.000
SBC COMMUNICATIONS 78387G103 2,147,450.00 49,652.000 49,652.000 49,652.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
Page 9
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-------------- ----- ----------------- --------------------- -------- --------
COMMON STOCKS
SDL INC 784076101 79,853.00 280.000 280.000 280.000
SAFEGUARD SCIENTIFICS 786449108 2,292,470.00 71,500.000 71,500.000 71,500.000
SAFEWAY INC NEW 786514208 180.00 4.000 4.000 4.000
ST PAUL COMPANIES INC 792860108 1,543,272.00 45,224.000 45,224.000 45,224.000
SARA LEE CORP 803111103 4,467,685.00 231,336.000 231,336.000 231,336.000
SCANA CORP 80589M102 482,500.00 20,000.000 20,000.000 20,000.000
SCHERING-PLOUGH CORP 806605101 2,695,274.00 53,372.000 53,372.000 53,372.000
SCHLUMBERGER LTD 806857108 1,128,988.00 14,960.000 14,960.000 14,960.000
SCOTTISH POWER PLC-ADR 81013T705 15,114.00 452.000 452.000 452.000
SCOTTS COMPANY 810186106 18,250.00 500.000 500.000 500.000
SEAGRAM CO LTD 811850106 36,250.00 625.000 625.000 625.000
SEARS ROEBUCK & CO 812387108 143,225.00 4,390.000 4,390.000 4,390.000
SERVICEMASTER COMPANY 81760N109 353,501.00 31,077.000 31,077.000 31,077.000
SHELL TRANS & TRADING NYSHNEW 822703609 1,968,395.00 39,417.000 39,417.000 39,417.000
SHERWIN WILLIAMS CO 824348106 372,901.00 17,600.000 17,600.000 17,600.000
SIEBEL SYSTEMS INC 826170102 1,472,058.00 9,000.000 9,000.000 9,000.000
SMITH INTERNATIONAL 832110100 145,624.00 2,000.000 2,000.000 2,000.000
SMITHKLINE BEECHAM PLC 832378301 598,292.00 9,178.000 9,178.000 9,178.000
SODEXHO MARRIOTT SERVICES 833793102 6,544.00 409.000 409.000 409.000
SONY CORP-SPONSORED ADR 835699307 684,708.00 7,260.000 7,260.000 7,260.000
SOURCE CAPITAL INCC 836144105 14,869.00 300.000 300.000 300.000
SOUTH JERSEY INDUSTRIES INC 838518108 13,260.00 510.000 510.000 510.000
SPRINT CORP (FON GROUP) 852061100 285,600.00 5,600.000 5,600.000 5,600.000
SPRINT CORP(PCS GROUP) 852061506 59,500.00 1,000.000 1,000.000 1,000.000
STAAR SURGICAL CO 852312305 16,781.00 1,500.000 1,500.000 1,500.000
STAPLES INC 855030102 643,290.00 41,840.000 41,840.000 41,840.000
STARBUCKS CORPORATION 855244109 168,023.00 4,400.000 4,400.000 4,400.000
STATE BANCORP 855716106 197,006.00 15,604.000 15,604.000 15,604.000
STATE STREET CORP 857477103 12,871,539.00 121,358.000 121,358.000 121,358.000
STEPAN CO 858586100 46,500.00 2,000.000 2,000.000 2,000.000
SUBURBAN PROPANE GAS 864473103 20,000.00 1,000.000 1,000.000 1,000.000
SUN MICROSYSTEMS INC 866810104 17,562,143.00 193,123.000 193,123.000 193,123.000
SUNTRUST BANKS INC 867914103 155,338.00 3,400.000 3,400.000 3,400.000
SYMBOL TECHNOLOGIES 871508107 988,524.00 18,306.000 18,306.000 18,306.000
SYSCO CORP 871829107 2,410,393.00 57,220.000 57,220.000 57,220.000
TECO ENERGY INC 872375100 1,484,458.00 74,015.000 74,015.000 74,015.000
TJX COS INC 872540109 7,500.00 400.000 400.000 400.000
TRW INC 872649108 69,400.00 1,600.000 1,600.000 1,600.000
TAUBMAN CENTERS INC 876664103 16,500.00 1,500.000 1,500.000 1,500.000
TECH DATA CORP 878237106 3,267.00 75.000 75.000 75.000
TELE DANMARK ADR 879242105 23,800.00 700.000 700.000 700.000
TELECOM CORP NEW ZEALAND 879278208 381,938.00 13,580.000 13,580.000 13,580.000
TELEFON DE MEXICO LADS 879403780 114,250.00 2,000.000 2,000.000 2,000.000
TELLABS INC 879664100 1,102,050.00 16,103.000 16,103.000 16,103.000
TEMPLE INLAND 879868107 72,492.00 1,726.000 1,726.000 1,726.000
TERADYNE INC 880770102 4,410.00 60.000 60.000 60.000
TEXACO 881694103 503,426.00 9,454.000 9,454.000 9,454.000
TEXAS INSTRUMENTS INC 882508104 3,775,065.00 54,960.000 54,960.000 54,960.000
TEXTRON INC 883203101 1,194,875.00 22,000.000 22,000.000 22,000.000
THERMO ELECTRON CORP 883556102 18,956.00 900.000 900.000 900.000
THOMSON CORP 884903105 20,986.00 700.000 700.000 700.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
Page 10
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-------------- ----- ----------------- --------------------- -------- --------
COMMON STOCKS
3COM CORPORATION 885535104 296,769.00 5,150.000 5,150.000 5,150.000
TIME WARNER 887315109 32,264,204.00 424,529.000 424,529.000 424,529.000
TORCHMARK CORP 891027104 4,937.00 200.000 200.000 200.000
TRANSAMERICA CORP 893485102 15,000.00 200.000 200.000 200.000
TRICON GLOBAL RESTRAURANTS INC 895953107 29,380.00 1,040.000 1,040.000 1,040.000
TRIBUNE CO 896047107 107,380.00 3,068.000 3,068.000 3,068.000
TUT SYSTEMS INC 901103101 4,839.00 180.000 180.000 180.000
TYCO INTERNATIONAL LTD 902124106 990,802.00 20,914.000 20,914.000 20,914.000
USX-MARATHON GROUP 902905827 12,531.00 500.000 500.000 500.000
U S BANCORP 902973106 57,750.00 3,000.000 3,000.000 3,000.000
USF & G 903290104 11,875.00 500.000 500.000 500.000
UNIGENE LABS, INC. 904753100 288.00 100.000 100.000 100.000
UNION CAMP CORP 905530101 7,938.00 100.000 100.000 100.000
UNION CARBIDE CO 905581104 20,397.00 370.000 370.000 370.000
UNION PACIFIC CORP 907818108 450,528.00 12,115.000 12,115.000 12,115.000
UNION PACIFIC RESOURCE GR 907834105 119,944.00 5,452.000 5,452.000 5,452.000
UNITED ASSET MGMT CORP 909420101 4,675.00 200.000 200.000 200.000
UNITED BANKSHARES INC 909907107 3,637.00 200.000 200.000 200.000
US WEST INC 91273H101 516,044.00 6,018.000 6,018.000 6,018.000
UNITED TECHNOLOGIES 913017109 595,758.00 10,119.000 10,119.000 10,119.000
UNOCAL CORP 915289102 5,267.00 159.000 159.000 159.000
V F CORP 918204108 25,200.00 700.000 700.000 700.000
VALLEY NATIONAL BANCORP 919794107 127,638.00 5,250.000 5,250.000 5,250.000
VENTURE STORES, INC. 923275101 .00 869.000 869.000 869.000
VIACOM INC CLASS A 925524100 4,560,960.00 66,705.000 66,705.000 66,705.000
VIACOM INC CLASS B 925524308 324,982.00 4,766.000 4,766.000 4,766.000
VIROPHARMA INC 928241108 5,078.00 325.000 325.000 325.000
VISHAY INTERTECHNOLOGY INC 928298108 15,175.00 400.000 400.000 400.000
VISTEON CORP 92839U107 788.00 65.000 65.000 65.000
VISX INC 92844S105 68,400.00 2,400.000 2,400.000 2,400.000
VLASIC FOODS INTERNATIONAL 928559103 700.00 431.000 431.000 431.000
VODAFONE GROUP PLC 92857T107 3,580,203.00 86,400.000 86,400.000 86,400.000
VOICESTREAM WIRELESS COR 928615103 50,063.00 500.000 500.000 500.000
WD-40 CO 929236107 62,250.00 3,000.000 3,000.000 3,000.000
WACHOVIA CORPORATION 929771103 85,769.00 1,581.000 1,581.000 1,581.000
WAL-MART STORES INC 931142103 9,773,384.00 169,603.000 169,603.000 169,603.000
WALTER INDUSTRIES 93317Q105 11,438.00 1,000.000 1,000.000 1,000.000
WARNACO GROUP INC CLASS A 934390105 2,596.00 335.000 335.000 335.000
WASHINGTON MUTUAL INC 939322103 776,883.00 26,905.000 26,905.000 26,905.000
WASHINGTON POST-CL B 939640108 714,132.00 1,494.000 1,494.000 1,494.000
WASTE CONNECTIONS INC 941053100 31,600.00 1,600.000 1,600.000 1,600.000
WATSON PHARMACEUTICAL INC 942683103 430,000.00 8,000.000 8,000.000 8,000.000
WEBSTER FINANCIAL CORP 947890109 231,859.00 10,450.000 10,450.000 10,450.000
WELLS FARGO COMPANY(NEW) 949746101 284,813.00 7,350.000 7,350.000 7,350.000
WESTERN RESOURCES 959425109 37,169.00 2,398.000 2,398.000 2,398.000
WESTPOINT STEVENS INC 961238102 5,442,267.00 489,191.000 489,191.000 489,191.000
WESTVACO CORP 961548104 6,946.00 280.000 280.000 280.000
WEYERHAEUSER CO 962166104 6,450.00 150.000 150.000 150.000
WHIRLPOOL CORP 963320106 6,995.00 150.000 150.000 150.000
WHOLE FOODS MKT INC 966837106 171,034.00 4,140.000 4,140.000 4,140.000
WILLAMETTE INDUSTRIES INC 969133107 50,140.00 1,840.000 1,840.000 1,840.000
REM870 FORM 13F AS OF 6/30/2000 15:25:29 8/17/2000
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Item 6 Item 8
Item 1 Item 3 Item 4 Item 5 Investment Discretion Voting Authority
-------------- ----- ----------------- --------------------- -------- --------
COMMON STOCKS
WILLIAMS COMPANIES 969457100 116,725.00 2,800.000 2,800.000 2,800.000
WIND RIVER SYSTEMS LTD 973149107 17,044.00 450.000 450.000 450.000
WISCONSIN ENERGY CORP 976657106 3,962.00 200.000 200.000 200.000
WORLDCOM INC 98157D106 9,985,024.00 217,658.000 217,658.000 217,658.000
WRIGLEY WM 982526105 80,187.00 1,000.000 1,000.000 1,000.000
XEROX 984121103 399,241.00 19,142.000 19,142.000 19,142.000
YAHOO! INC 984332106 1,599,846.00 12,915.000 12,915.000 12,915.000
ZENECA GROUP PLC ADR 98934D106 35,325.00 900.000 900.000 900.000
ZIONS BANCORPORATION 989701107 16,932,456.00 368,975.000 368,975.000 368,975.000
COMMON STOCKS TOTAL * 1,127,251,127.00 20,022,341.000 20,022,341.000 20,022,341.000
GROWTH FUNDS
CENTRAL SECURITIES CORP 155123102 672,867.00 18,954.000 18,954.000 18,954.000
FIDELITY CAPITAL APPRECIATION 316066109 11,567.00 402.000 402.000 402.000
FIDELITY FUND 316153105 25,405.00 608.000 608.000 608.000
FIDELITY DIVIDEND GROWTH FND 316389402 20,914.00 669.000 669.000 669.000
FIRST FINANCIAL FUND 320228109 249,104.00 30,659.000 30,659.000 30,659.000
GENERAL AMERICAN INVESTORS 368802104 918,375.00 23,700.000 23,700.000 23,700.000
H&Q HEALTHCARE INVSTRS FD 404052102 131,316.00 4,253.000 4,253.000 4,253.000
LATIN AMERICA EQUITY FUND 51827T100 26,000.00 2,000.000 2,000.000 2,000.000
MEXICO FUND INC 592835102 73,251.00 5,118.000 5,118.000 5,118.000
PHOENIX SENECA EQUITY OPPS 71915C876 91,515.00 4,385.000 4,385.000 4,385.000
GROWTH FUNDS TOTAL * 2,220,314.00 90,748.000 90,748.000 90,748.000
INCOME FUNDS
THE NEW AMERICA HIGH INC FD 641876107 765,843.00 226,916.000 226,916.000 226,916.000
INCOME FUNDS TOTAL * 765,843.00 226,916.000 226,916.000 226,916.000
MUTUAL FUND NON-TAXABLE
NUVEEN MASS PREMIUM INCOME FD 67061E104 57,913.00 4,100.000 4,100.000 4,100.000
NUV PERFORMANCE PLUS MUNI FD 67062P108 12,000.00 1,000.000 1,000.000 1,000.000
NUV PREM INCOME MUN FUND 67062T100 23,875.00 2,000.000 2,000.000 2,000.000
MUTUAL FUND NON-TAXABLE TOTAL * 93,788.00 7,100.000 7,100.000 7,100.000
LIMITED PARTNERSHIP
BUCKEYE PARTNERS L P 118230101 21,450.00 800.000 800.000 800.000
HERITAGE PROPANE PARTNERS 426918108 40,219.00 1,950.000 1,950.000 1,950.000
KINDER MORGAN ENERGY PRTNRS 494550106 48,763.00 1,221.000 1,221.000 1,221.000
LAKEHEAD PIPELINE-LP 511557100 10,016.00 250.000 250.000 250.000
NORTHERN BORDER PARTNERS L P 664785102 13,656.00 500.000 500.000 500.000
LIMITED PARTNERSHIP TOTAL * 134,104.00 4,721.000 4,721.000 4,721.000
GRAND TOTAL ** 1,130,465,176.00 20,351,826.000 20,351,826.000 20,351,826.000
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