FORM 13F COVER PAGE
Report for the Calendar Quarter ended: 03/31/99
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: Wright Investors' Service
Address: 1000 Lafayette Boulevard
Bridgeport, CT 06604
13F File Number: 28-825
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,
scheduled, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Judith R. Corchard
Title: Executive Vice President
Phone: 203-330-5000
Signature, Place, and Date of Signing:
/S/ Judith R. Corchard
------------------
Judith R. Corchard Bridgeport, Connecticut May 13, 1999
Report Type (check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
Wright Investors' Service, Inc.
FORM 13F
March 31, 1999
<TABLE>
<CAPTION>
Form 13F Information Table
Title
of Value Shares/ Sh/ Put/ Invstmt Other Voting Authority
Name Of Issuer Class CUSIP x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
- ------------------------- ----- --------- ------------- ------------- ---- ---- -------- -------- ---- ------- ------
COMMON STOCK
- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABORATORIES COM 002824100 5,117 109,311 SH SOLE 1,600 0 107,711
ADOBE SYSTEMS INC COM 00724f101 15,274 269,150 SH SOLE 224,400 0 43,550
AEROQUIP-VICKERS INC COM 007869100 16,485 287,625 SH SOLE 227,675 0 59,950
AFLAC INC COM 001055102 947 17,400 SH SOLE 600 0 16,800
AGRIBIOTECH INC COM 008494106 62 10,000 SH SOLE 0 10,000
AIR PRODS & CHEMS COM 009158106 252 7,350 SH SOLE 1,250 0 6,100
AIRTOUCH COMMUNICATION COM 00949t100 832 8,612 SH SOLE 0 8,612
ALCOA INC COM 013817101 1,850 44,925 SH SOLE 33,725 0 10,000
ALIANT COMMUNICATIONS COM 016090102 14,150 345,650 SH SOLE 281,100 0 64,550
ALLEGHENY ENERGY INC COM 017361106 201 6,806 SH SOLE 0 6,806
ALLTEL CORP COM 020039103 4,338 69,552 SH SOLE 36,350 0 32,302
AMBAC INC COM 023139108 16,019 296,650 SH SOLE 221,450 0 75,200
AMCOL INTERNATIONAL COM 02341w103 594 59,400 SH SOLE 53,200 0 6,200
AMER INTL GROUP INC COM 026874107 4,581 37,976 SH SOLE 16,150 0 21,826
AMEREN CORPORATION COM 023608102 398 11,011 SH SOLE 0 11,011
AMERICAN ELEC. POWER COM 025537101 498 12,543 SH SOLE 0 12,543
AMERICAN EXPRESS CO COM 025816109 4,898 41,600 SH SOLE 16,200 0 25,400
AMERICAN GREETINGS COM 026375105 743 29,292 SH SOLE 4,500 0 24,792
AMERICAN HOME PROD COM 026609107 2,338 35,830 SH SOLE 0 35,830
AMERITECH COM 030954101 3,491 60,573 SH SOLE 3,650 0 56,923
AMOCO CORP COM 031905102 479 8,000 SH SOLE 0 8,000
AMP INC COM 031897101 247 4,621 SH SOLE 0 4,621
AMSOUTH BANCORPORATION COM 032165102 494 10,850 SH SOLE 8,900 0 850
ANHEUSER BUSCH COS INC COM 035229103 653 8,575 SH SOLE 400 0 8,175
ARCHER-DANIELS-MIDLAND COM 039483102 1,466 99,790 SH SOLE 0 99,790
ARROW ELECTRS INC COM COM 042735100 169 11,300 SH SOLE 0 11,300
ARROW INTERNATIONAL COM 042764100 317 14,700 SH SOLE 12,000 0 2,700
ASSOCIATES FIRST CAP CL A COM 046008108 221 4,904 SH SOLE 0 4,904
---------
page Total 97,115
<PAGE>
AT&T CORP COM 001957109 2,790 34,952 SH SOLE 0 34,952
ATLANTIC RICHFIELD COM 048825103 400 5,475 SH SOLE 0 5,475
AUTODESK INC COM 052769106 2,034 50,300 SH SOLE 39,000 0 11,300
AUTOLIV INC COM 052800109 485 12,918 SH SOLE 0 12,918
AUTOMATIC DATA PROCESS COM 053015103 1,614 39,000 SH SOLE 0 39,000
AVERY DENNISON CORP COM 053611109 5,774 100,425 SH SOLE 78,750 0 21,675
BANK ONE CORP COM 06423a103 841 15,271 SH SOLE 0 15,271
BANKAMERICA CORP COM 06605f102 835 11,824 SH SOLE 0 11,824
BANTA CORP COM 066821109 8,600 452,647 SH SOLE 26,723 0 125,924
BAR HARBOR BANKSHARES COM 066849100 2,498 124,140 SH SOLE 0 124,140
BARD (C.R.) COM 067383109 12,615 250,100 SH SOLE 210,900 0 38,300
BB&T CORPORATION COM 054937107 20,989 579,989 SH SOLE 383,150 0 195,439
BECTON DICKINSON & CO COM 075887109 280 7,300 SH SOLE 1,600 0 5,700
BELL ATLANTIC CORP COM 077853109 2,453 47,460 SH SOLE 2,000 0 45,460
BELLSOUTH CORP COM 079860102 6,789 169,464 SH SOLE 55,050 0 113,314
BERKSHIRE HATHAWAY CL B COM 084670207 503 214 SH SOLE 0 214
BESTFOODS COM 08658u101 541 11,508 SH SOLE 1,600 0 9,908
BOEING COMPANY COM 097023105 541 15,900 SH SOLE 0 15,900
BOWNE & CO COM 103043105 368 31,500 SH SOLE 27,500 0 4,000
BRINKER INTERNATIONAL COM 109641100 14,516 559,650 SH SOLE 467,900 0 91,750
BRISTOL-MYERS SQUIBB COM 110122108 6,257 97,572 SH SOLE 4,080 0 93,492
BRUNSWICK CORP COM 117043109 10,742 563,525 SH SOLE 416,300 0 147,225
BUFFETS INC COM 119882108 1,042 105,500 SH SOLE 74,700 0 30,800
BURLINGTON NORTHERN SANTA COM 12189t104 388 11,802 SH SOLE 0 11,802
FE CORP
BUSH INDUSTRIES INC COM 123164105 312 25,300 SH SOLE 22,800 0 2,500
CACI INT'L INC CL A COM 127190304 1,109 65,500 SH SOLE 47,300 0 18,200
CAMPBELL SOUP CO COM 134429109 220 5,400 SH SOLE 0 5,400
CARNIVAL CORPORATION COM 143658102 257 5,300 SH SOLE 1,400 0 3,900
CAROLINA P & L CO COM 144141108 246 6,498 SH SOLE 0 6,498
CARPENTER TECHNOLOGY COM 144285103 7,555 291,275 SH SOLE 217,150 0 74,125
CATERPILLAR INC COM 149123101 1,237 26,933 SH SOLE 3,300 0 23,633
----------
Page Total 114,831
<PAGE>
CENTURA BANKS INC COM 15640t100 751 12,900 SH SOLE 9,800 0 3,100
CHASE MANHATTAN CORP COM 16161a108 722 8,878 SH SOLE 0 8,878
CHEVRON CORP COM 166751107 2,270 25,575 SH SOLE 0 25,575
CIGNA CORPORATION COM 125509109 250 2,984 SH SOLE 0 2,984
CISCO SYSTEM INC COM 17275r102 2,584 23,582 SH SOLE 1,200 0 22,182
CITIGROUP INC COM 172967101 438 6,851 SH SOLE 0 6,851
CLAIRE'S STORES. INC COM 179584107 4,239 140,725 SH SOLE 119,300 0 21,425
CLARCOR COM 179895107 837 49,062 SH SOLE 34,700 0 14,362
CLOROX COMPANY COM 189054109 214 1,826 SH SOLE 200 0 1,626
COCA COLA CO COM 191216100 3,283 53,493 SH SOLE 2,900 0 50,293
COLGATE PALMOLIVE CO COM 194162103 717 7,798 SH SOLE 0 7,798
COMAIR HOLDINGS INC COM 199789108 18,592 786,955 SH SOLE 508,275 0 278,680
COMMERCE BANCSHARES COM 200525103 13,498 350,609 SH SOLE 292,906 0 57,703
COMPAQ COMPUTER CP COM 204493100 8,842 279,042 SH SOLE 124,975 0 154,067
COMPASS BANCSHARES IN COM 20449h109 13,586 393,800 SH SOLE 328,250 0 65,550
COMPUTER ASSOCIATES COM 204912109 2,616 73,557 SH SOLE 54,900 0 18,657
COOPER INDUSTRIES INC COM 216669101 205 4,807 SH SOLE 0 4,807
COOPER TIRE & RUBBER COM 216831107 11,548 628,475 SH SOLE 445,025 0 183,450
CORNING INC COM 219350105 330 5,500 SH SOLE 0 5,500
COSTCO COMPANIES INC COM 22160q102 3,822 41,740 SH SOLE 25,325 0 16,415
CRANE COMPANY COM 224399105 15,300 632,557 SH SOLE 445,987 0 186,570
CRESTAR FINANCIAL CORP COM 226091106 276 3,834 SH SOLE 0 3,834
CSX CORPORATION COM 126408103 522 13,400 SH SOLE 0 13,400
CUMMINS ENGINE INC COM 231021106 210 5,900 SH SOLE 1,300 0 4,600
DAIMLERCHRYSLER AG COM d1668r123 2,228 25,960 SH SOLE 18,822 0 7,138
DALLAS SEMICONDUCTOR COM 235204104 14,669 379,775 SH SOLE 329,400 0 50,375
DANA CORP COM 235811106 18,342 482,690 SH SOLE 370,525 0 112,165
DAYTON HUDSON CORP COM 239753106 540 8,100 SH SOLE 0 8,100
DEAN FOODS CO COM 242361103 441 12,390 SH SOLE 4,900 0 7,490
DEERE AND COMPANY COM 244199105 832 21,547 SH SOLE 2,700 0 18,847
DISNEY (WALT) CO COM 254687106 1,050 33,738 SH SOLE 0 33,738
----------
Page Total 143,755
<PAGE>
DOMINION RES - VA COM 257470104 500 13,537 SH SOLE 0 13,537
DOVER CORP COM 260003108 291 8,850 SH SOLE 350 0 8,500
DRESS BARN INC COM 261570105 569 41,000 SH SOLE 40,400 0 600
DUKE ENERGY CORP. COM 264399106 19,231 350,844 SH SOLE 232,750 0 117,194
E.I. DUPONT DENEMOURS COM 263534109 5,394 92,907 SH SOLE 35,400 0 56,507
EASTMAN KODAK COM 277461109 267 4,184 SH SOLE 0 4,184
EATON CORP COM 278058102 3,811 53,296 SH SOLE 27,900 0 25,396
EDWARDS A.G. INC COM 281760108 17,619 539,000 SH SOLE 369,800 0 167,800
ELECTRONIC DATA SYS CP COM 285661104 3,238 66,500 SH SOLE 40,900 0 25,600
EMC CORPORATION COM 268648102 3,999 31,300 SH SOLE 19,900 0 11,400
EMERSON ELECTRIC CO COM 291011104 1,868 35,286 SH SOLE 1,400 0 33,886
EMPI COM 291586105 943 43,600 SH SOLE 32,600 0 11,000
ENGELHARD CORP COM 292845104 298 17,613 SH SOLE 0 17,613
ENRON CORP COM 293561106 295 4,592 SH SOLE 0 4,592
ENSCO INTERNATIONAL INC COM 26874q100 5,246 394,075 SH SOLE 273,075 0 121,000
ETHAN ALLEN INTERIORS INC COM 297602104 4,073 98,000 SH SOLE 93,000 0 5,000
EXXON CORP COM 302290101 12,303 174,354 SH SOLE 36,725 0 137,229
FAIR ISAAC & COMPANY INC COM 303250104 715 19,300 SH SOLE 19,000 0 300
FAMILY DOLLAR STORES COM 307000109 262 11,400 SH SOLE 5,700 0 5,700
FANNIE MAE COM 313586109 18,370 265,275 SH SOLE 187,150 0 77,325
FIFTH THIRD BANCORP COM 316773100 760 11,526 SH SOLE 0 11,526
FIRST COMMUNITY COM 31983a103 38,159 1,333,056 SH SOLE 0 1,333,056
BANCSHARES INC.
FIRST SECURITY CORP COM 336294103 13,787 713,875 SH SOLE 613,100 0 98,275
FIRST UNION CORP COM 337358105 839 15,705 SH SOLE 1,082 0 14,623
FIRST VIRGINIA BANKS COM 337477103 481 10,524 SH SOLE 300 0 10,224
FIRSTAR CORPORATION COM 33763v109 358 4,002 SH SOLE 900 0 3,102
FLEET FINANCIAL GROUP COM 338915101 664 17,651 SH SOLE 0 17,651
FLEETWOOD ENTERPRISES COM 339099103 263 9,200 SH SOLE 400 0 8,800
FORD MTR CO DEL COM 345370100 586 10,344 SH SOLE 0 10,344
FORTUNE BRANDS INC COM 349631101 486 12,632 SH SOLE 0 12,632
FPL GROUP INC COM 302571104 817 15,339 SH SOLE 0 15,339
----------
Page Total 156,494
<PAGE>
FS BANCORP STOCK COM 310567102 574 8,448 SH SOLE 0 8,448
GALLAGHER(ARTHUR J)& CO COM 363576109 883 19,200 SH SOLE 13,600 0 5,600
GANNETT CO INC COM 364730101 3,757 59,627 SH SOLE 32,870 0 26,757
GATEWAY 2000 COM 367833100 16,567 241,630 SH SOLE 192,150 0 48,780
GENERAL ELECTRIC CO COM 369604103 18,022 162,909 SH SOLE 27,175 0 135,434
GENERAL MOTORS CORP COM 370442105 593 6,813 SH SOLE 0 6,813
GENERAL RE CORP COM 370563108 343 1,700 SH SOLE 0 1,700
GENUINE PARTS COMPANY COM 372460105 261 9,062 SH SOLE 2,025 0 7,037
GEORGIA-PACIFIC CORP COM 373298108 452 6,092 SH SOLE 0 6,092
GILLETTE CO COM 375766102 2,376 39,978 SH SOLE 0 39,978
GREAT LAKES CHEM COM 390568103 224 6,100 SH SOLE 400 0 5,700
GTE CORP COM 362320103 2,202 36,400 SH SOLE 0 36,400
H J HEINZ COMPANY COM 423074103 854 18,035 SH SOLE 0 18,035
HALLIBURTON CO COM 406216101 6,532 169,655 SH SOLE 161,650 0 8,005
HARLEY DAVIDSON COM 412822108 235 4,100 SH SOLE 2,800 0 1,300
HARMAN INTERNATIONAL COM 413086109 367 10,000 SH SOLE 10,000 0
HASBRO INC COM 418056107 2,523 87,200 SH SOLE 72,750 0 14,450
HELMERICH & PAYNE COM 423452101 213 9,400 SH SOLE 0 9,400
HERBALIFE INTL-CL A COM 426908208 539 43,800 SH SOLE 24,000 0 19,800
HERSHEY FOODS CORP COM 427866108 482 8,600 SH SOLE 0 8,600
HEWLETT-PACKARD CO COM 428236103 2,918 43,025 SH SOLE 400 0 42,625
HOME DEPOT INC COM 437076102 1,472 23,647 SH SOLE 0 23,647
HON INDUSTRIES INC COM 438092108 2,189 99,800 SH SOLE 90,000 0 9,800
HONEYWELL INC COM 438506107 1,406 18,549 SH SOLE 8,700 0 9,849
HORMEL FOODS CORP COM 440452100 1,083 30,400 SH SOLE 18,900 0 10,200
HOUSEHOLD INTL INC COM 441815107 355 7,790 SH SOLE 0 7,790
I B M COM 459200101 21,454 121,038 SH SOLE 84,947 0 35,791
ILLINOIS TOOL WORKS COM 452308109 2,641 42,675 SH SOLE 28,450 0 13,425
IMCO RECYCLING COM 449681105 663 51,500 SH SOLE 38,200 0 13,300
IMS HEALTH INC COM 449934108 285 8,600 SH SOLE 600 0 8,000
INGERSOLL-RAND CO COM 456866102 22,461 452,611 SH SOLE 316,150 0 135,361
----------
Page Total 114,928
<PAGE>
INTEL CORP COM 458140100 19,583 164,735 SH SOLE 89,675 0 74,660
JACOBS ENGINEERING COM 469814107 15,111 383,150 SH SOLE 277,125 0 106,025
JEFFERSON PILOT CORP COM 475070108 2,945 43,475 SH SOLE 27,175 0 16,300
JLG INDUSTRIES INC COM 466210101 586 43,000 SH SOLE 43,000 0
JOHNSON & JOHNSON COM 478160104 23,144 247,527 SH SOLE 150,775 0 96,252
JOHNSON CONTROLS COM 478366107 18,096 290,112 SH SOLE 234,700 0 54,512
KANSAS CITY SOUTHERN COM 485170104 205 3,600 SH SOLE 0 3,600
KAYDON CORP COM 486587108 14,538 502,400 SH SOLE 400,400 0 102,000
KEANE INC COM 486665102 919 43,100 SH SOLE 30,000 0 13,100
KELLOGG CO COM 487836108 355 10,500 SH SOLE 0 10,500
KELLY SERVICES CLASS A COM 488152208 255 9,201 SH SOLE 0 9,201
KEYCORP COM 493267108 14,038 463,107 SH SOLE 302,339 0 159,268
KIMBERLY CLARK CORP COM 494368103 460 9,600 SH SOLE 0 9,600
KING WORLD PRODUCTIONS COM 495667107 289 9,450 SH SOLE 0 9,450
LANCASTER COLONY CORP COM 513847103 13,912 522,511 SH SOLE 401,575 0 120,936
LAWSON PRODUCTS COM 520776105 830 40,500 SH SOLE 33,500 0 7,000
LEGGETT & PLATT COM 524660107 2,891 144,550 SH SOLE 101,200 0 41,050
LILLY ELI & CO COM 532457108 685 8,069 SH SOLE 0 8,069
LIZ CLAIBORNE INC COM 539320101 10,282 315,148 SH SOLE 261,100 0 54,048
LOWES COS INC COM 548661107 2,641 43,652 SH SOLE 30,700 0 12,952
LUCENT TECH INC COM 549463107 3,454 31,984 SH SOLE 0 31,984
MARSH & MCLENNAN COS COM 571748102 798 10,750 SH SOLE 6,100 0 3,850
MAY DEPT STORE COM 577778103 3,101 79,257 SH SOLE 58,200 0 19,707
MAYTAG CORP COM 578592107 302 5,000 SH SOLE 0 5,000
MBIA INC COM COM 55262c100 16,622 286,594 SH SOLE 221,625 0 64,169
MCDONALDS CORP COM 580135101 2,452 54,104 SH SOLE 2,000 0 52,104
MCDOWELL CNTY NATL COM 580322105 816 26,320 SH SOLE 0 26,320
BANK OF WELCH WV
WORLDCOM INC COM 55268b106 279 3,149 SH SOLE 0 3,149
MEDIAONE GROUP INC COM 58440j104 320 5,039 SH SOLE 0 5,039
MEDTRONIC INC COM 585055106 1,495 20,800 SH SOLE 0 20,800
MELLON BANK CORP COM COM 585509102 542 7,708 SH SOLE 0 7,708
---------
Page Total 171,946
<PAGE>
MERCANTILE BANCORP COM 587342106 2,829 59,550 SH SOLE 47,050 0 12,500
MERCANTILE BANCORP INC COM 587325903 2,531 13,607 SH SOLE 0 13,607
MERCK & CO INC COM 589331107 25,459 317,743 SH SOLE 178,800 0 138,343
MERRILL CORPORATION COM 590175105 400 29,900 SH SOLE 27,100 0 2,800
MICROSOFT CORP COM 594918104 3,218 35,900 SH SOLE 5,800 0 29,500
MINNESOTA MINING MFG COM 604059105 1,122 15,855 SH SOLE 0 15,855
MOBIL CORP COM 607059102 6,476 73,591 SH SOLE 23,250 0 50,341
MODINE MFG CO COM 607828100 9,861 351,400 SH SOLE 230,650 0 120,750
MONSANTO CO COM 611662107 212 4,624 SH SOLE 0 4,624
MORGAN J.P. AND CO COM 616880100 501 4,058 SH SOLE 0 4,058
MORTON INT'L INC (NEW) COM 619335102 15,087 410,537 SH SOLE 294,200 0 116,337
MOTOROLA INC COM 620076109 1,527 20,850 SH SOLE 0 20,850
MUELLER INDUSTRIES INC COM 624756102 6,275 280,450 SH SOLE 211,500 0 68,950
MYERS INDUSTRIES INC COM 628464109 962 45,530 SH SOLE 35,950 0 9,580
MYSTIC FINANCIAL INC COM 628643108 116 10,000 SH SOLE 0 10,000
NABORS INDUSTRIES INC COM 629568106 5,431 298,600 SH SOLE 210,200 0 88,400
NATIONAL BANKSHARES COM 634865109 203 7,874 SH SOLE 0 7,874
NEWELL RUBBERMAID INC COM 651229106 465 9,900 SH SOLE 0 9,900
NISOURCE INC COM 65473p105 16,836 623,541 SH SOLE 442,750 0 180,791
NORFOLK SOUTHERN CORP COM 655844108 3,218 122,024 SH SOLE 0 122,024
NORTHERN STATES POWER CO COM 665772109 288 12,434 SH SOLE 0 12,434
NUCOR CORP COM 670346105 880 19,975 SH SOLE 12,100 0 7,875
OLD KENT FINANCIAL COR COM 679833103 538 12,725 SH SOLE 0 12,725
ONE VALLEY BANCORP INC COM 682419106 730 20,946 SH SOLE 11,200 0 9,746
ORACLE CORP COM 68389x105 2,967 112,482 SH SOLE 66,400 0 46,082
PATRICK INDUSTRIES INC COM 703343103 960 71,100 SH SOLE 55,200 0 15,900
PEPSICO INC COM 713448108 6,893 175,889 SH SOLE 53,825 0 122,064
PFIZER INC COM 717081103 4,455 32,106 SH SOLE 1,500 0 30,406
PHILIP MORRIS COS INC COM 718154107 1,212 34,438 SH SOLE 0 34,438
PIONEER COMMUNITY GRP INC COM 723990016 456 28,498 SH SOLE 0 28,498
PITNEY BOWES COM 724479100 5,550 87,060 SH SOLE 35,975 0 51,085
---------
Page Total 127,658
<PAGE>
POCAHONTAS BANCSHARES CORP COM 730235108 503 22,375 SH SOLE 0 22,375
PPG INDUSTRIES COM 693506107 15,422 300,923 SH SOLE 199,140 0 101,783
PROCTER & GAMBLE COM 742718109 2,825 28,841 SH SOLE 0 28,841
QUIKSILVER,INC COM 74838c106 989 23,400 SH SOLE 12,200 0 11,200
RAYMOND JAMES FIN'L COM 754730109 951 48,155 SH SOLE 31,750 0 16,405
RAYTHEON COM 755111408 22,739 387,876 SH SOLE 271,960 0 115,016
REGAL BELOIT CORP COM 758750103 859 47,550 SH SOLE 38,200 0 9,350
RESPIRONICS,INC. COM 761230101 282 21,400 SH SOLE 21,400 0
RITE-AID CORPORATION COM 767754104 2,564 102,567 SH SOLE 79,800 0 22,767
ROCKWELL INT'L CORP COM 773903109 254 5,988 SH SOLE 0 5,988
ROHM & HAAS CO COM 775371107 1,709 50,919 SH SOLE 7,000 0 43,919
ROSS STORES INC COM 778296103 19,079 435,455 SH SOLE 306,800 0 128,655
ROYAL DUTCH PETE CO NY COM 780257804 570 10,959 SH SOLE 0 10,959
RYAN'S FAM. STEAK HSE COM 783519101 529 43,850 SH SOLE 30,000 0 13,850
SARA LEE CORP COM 803111103 1,257 50,790 SH SOLE 0 50,790
SBC COMMUNICATIONS INC COM 78387g103 21,514 455,924 SH SOLE 288,150 0 166,874
SCHERING PLOUGH CORP COM 806605101 2,079 37,620 SH SOLE 2,100 0 35,520
SCHLUMBERGER LTD COM 806857108 1,267 21,050 SH SOLE 0 21,050
SCHULMAN (A.) INC COM 808194104 151 11,100 SH SOLE 1,100 0 10,000
SIERRA HEALTH SERVICES COM 826322109 517 39,800 SH SOLE 7,500 0 32,300
SIMPSON INDUSTRIES IN COM 829060102 1,039 108,000 SH SOLE 74,900 0 33,100
SNAP-ON INC COM 833034101 10,706 369,160 SH SOLE 237,412 0 131,748
SOLECTRON CORP COM 834182107 799 16,450 SH SOLE 10,200 0 5,050
SONIC CORP COM 835451105 1,028 38,150 SH SOLE 24,550 0 13,600
SOUTHDOWN INC COM 841297104 12,816 238,706 SH SOLE 168,396 0 70,310
SOUTHERN COMPANY COM 842587107 279 11,954 SH SOLE 0 11,954
SOUTHTRUST CORP COM 844730101 19,508 522,809 SH SOLE 391,687 0 129,922
SOUTHWEST AIRLINES CO COM 844741108 3,170 104,800 SH SOLE 66,325 0 36,875
SPRINT CORP (FON GROUP) COM 852061100 777 7,920 SH SOLE 0 7,920
STANDARD REGISTER COM 853887107 721 24,300 SH SOLE 21,700 0 2,600
STORAGE COMPUTER CORP COM 86211a101 28 14,375 SH SOLE 0 14,375
----------
Page Total 146,931
<PAGE>
STURGIS BANK & TRUST CO COM 864088109 763 78,206 SH SOLE 0 78,206
SUN MICROSYSTEMS INC COM 866810104 29,284 234,155 SH SOLE 157,200 0 76,455
SUNTRUST BANKS COM 867914103 1,043 16,759 SH SOLE 1,740 0 15,019
SUPERIOR IND INT COM 868168105 8,733 375,625 SH SOLE 297,700 0 77,925
SYNOPSYS INC COM 871607107 258 4,800 SH SOLE 0 4,800
SYNOVUS FINANCIAL CORP COM 87161c105 12,605 614,890 SH SOLE 0 614,890
SYSCO CORP COM 871829107 524 19,900 SH SOLE 600 0 19,300
TANDY CORPORATION COM 875382103 306 4,800 SH SOLE 0 4,800
TBC CORPORATION COM 872180104 936 154,300 SH SOLE 122,000 0 32,300
TECHNITROL INC COM 878555101 521 22,600 SH SOLE 16,800 0 5,800
TECO ENERGY INC COM 872375100 12,932 650,675 SH SOLE 500,300 0 150,375
TETRA TECH INC COM 88162g103 929 44,125 SH SOLE 31,375 0 12,750
TEXACO INC COM 881694103 684 12,060 SH SOLE 0 12,060
TEXAS INDUSTRIES,INC. COM 882491103 8,163 328,975 SH SOLE 246,500 0 82,475
TEXAS INSTRUMENTS COM 882508104 298 3,000 SH SOLE 0 3,000
TEXTRON INC COM 883203101 1,691 21,857 SH SOLE 0 21,857
THE BUCKLE INC COM 118440106 790 35,100 SH SOLE 26,000 0 9,100
THE GAP INC COM 364760108 449 6,675 SH SOLE 0 6,675
THOR INDUSTRIES INC COM 885160101 847 37,450 SH SOLE 27,100 0 10,350
TJX COMPANIES INC COM 872540109 2,932 86,240 SH SOLE 64,650 0 19,690
TOLL BROTHERS INC COM 889478103 8,150 449,650 SH SOLE 329,925 0 119,725
TOMPKINS COUNTY TRUST COM 890110109 14,594 424,560 SH SOLE 0 424,560
TRANSAMERICA OCC LIFE INS COM 893485102 292 4,117 SH SOLE 0 4,117
TRINITY INDUSTRIES COM 896522109 13,376 455,345 SH SOLE 328,125 0 127,220
TYCO INTERNATIONAL LTD COM 902124106 3,435 47,880 SH SOLE 32,325 0 14,855
U.S. BANCORP COM 902973106 978 28,711 SH SOLE 0 28,711
U.S. FREIGHTWAYS CORP COM 916906100 8,995 273,600 SH SOLE 194,000 0 79,600
UNITED BANKSHARES INC COM 909907107 777 33,964 SH SOLE 0 33,964
UNITED DOMINION REALTY TR COM 910197102 107 10,487 SH SOLE 0 10,487
UNITED TECHNOLOGIES COM 913017109 3,835 28,316 SH SOLE 16,800 0 11,116
UNIVERSAL FOODS CORP COM 913538104 14,242 690,525 SH SOLE 507,400 0 183,125
----------
Page Total 153,471
<PAGE>
UNIVERSAL FOREST PROD COM 913543104 931 45,400 SH SOLE 33,400 0 12,000
US WEST INC (NEW) COM 91273h101 309 5,620 SH SOLE 0 5,620
V F CORP COM 918204108 22,889 481,869 SH SOLE 324,735 0 156,034
VALSPAR CORP COM 920355104 1,799 57,000 SH SOLE 0 57,000
VULCAN MATERIALS CO COM 929160109 1,032 24,990 SH SOLE 1,200 0 23,790
WACHOVIA CORPORATION COM 929771103 522 6,427 SH SOLE 0 6,427
WAL-MART COM 931142103 16,682 180,958 SH SOLE 112,450 0 68,008
WALGREEN COM 931422109 536 18,988 SH SOLE 0 18,988
WARNER LAMBERT COM 934488107 3,148 47,512 SH SOLE 0 47,512
WATSON PHARMACEUTICALS INC COM 942683103 247 5,600 SH SOLE 0 5,600
WELLS FARGO COMPANY COM 949746101 732 20,872 SH SOLE 0 20,872
WERNER ENTERPRISES COM 950755108 8,626 547,662 SH SOLE 410,525 0 137,137
WINTHROP CORP COM 975992108 668 9,988 SH SOLE 0 9,988
WORLD FUEL SERVICES CO COM 981475106 907 78,025 SH SOLE 52,400 0 25,625
WRIGLEY WM. JR. CO COM 982526105 226 2,500 SH SOLE 0 2,500
XEROX CORP COM 984121103 563 10,800 SH SOLE 0 10,800
----------
1,286,946
ADRS
- ----
BP AMOCO PLC SPONS ADR 055622104 2,935 29,063 SH SOLE 0 29,063
CEMEX SA SPONS ADR B 151290202 135 16,583 SH SOLE 3,399 0 13,184
EMBRATEL PARTICIPACOES 29081n100 399 23,900 SH SOLE 21,700 0 2,200
GRUPO INDUS MASECA-SPON ADR 400488409 131 10,600 SH SOLE 0 10,600
PORTUGAL TELECOM ADR 737273102 846 19,300 SH SOLE 17,000 0 2,300
TELECENTRO SUL PARTICIPA 879239101 221 4,780 SH SOLE 4,340 0 440
TELENORTE LESTE PARTICIP 879246106 367 23,900 SH SOLE 21,700 0 2,200
TELESP CELULAR PARTICIPA 87952l108 200 9,560 SH SOLE 8,680 0 880
TELESP PARTICIPACOES 87952k100 493 23,900 SH SOLE 21,700 0 2,200
YPF SOCIEDAD ANONIMA 984245100 1,322 41,900 SH SOLE 37,800 0 4,100
----------
7,049
----------
Page Total 66,866
<PAGE>
----------
GRAND TOTAL 1,293,995
==========
SOLE: INCLUDES SHARES HELD IN BANK TRUST DEPARTMENTS WHICH HAVE ENGAGED WIS TO PROVIDE SUBORDINATED INVESTMENT MANAGEMENT.
SUCH MANAGEMENT REQUIRES PRIOR BANK TRUST DEPARTMENT APPROVAL BUT IS, IN EFFECT, FULLY DISCRETIONARY BY WIS.
</TABLE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 302
Form 13F Information Table Value Total: $1,293,995
List of Other Included Managers: NONE
<PAGE>
