UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
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: Penn Mutual Life Insurance Company
Address: Independence Square
Philadelphia, PA 19172
13F File Number: 28-598
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: Ann Strootman
Title: Vice President & Controller
Phone: 215-956-7649
Signature, Place, and Date of Signing:
Ann Strootman Philadelphia, PA April 30, 1999
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 655
Form 13F Information Table Value Total: $992,015,842
List of Other Included Managers:
No. 13F File Number Name
01 28-598 INDEPENDENCE CAPITAL MTG. INC.
02 28-2959 ADDISON CAPITAL MANAGEMENT
<PAGE>
FORM 13F SPECIAL ELECTRONIC FILING INSTRUCTIONS Continued
<TABLE> <C> <C>
FORM 13F INFORMATION
TABLE
VALUE SHARES/
SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT
PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ----------------------------- -------------- --------- -------- --------
- --- ----- ------- --------- -------- -------- -----
AMGEN INC COM 31162100 3747 50000
SH SHARE 01 50000
NU HORIZONS ELECTRS CORP COM COM 69908105 54 13000
SH SHARE 01 13000
AES CORP COM 00130H105 305 8190
SH SHARE 8190
AK STL HLDG CORP COM COM 001547108 651 28870
SH SHARE 02 28870
AT&T COM 001957109 8567 107342
SH SHARE 01 107342
AT&T COM 001957109 5228 65509
SH SHARE 02 65509
AT&T COM 001957109 2450 30703
SH SHARE 30703
ABBOTT LABS COM COM 002824100 2786 59524
SH SHARE 01 59524
ABBOTT LABS COM COM 002824100 1861 39745
SH SHARE 02 39745
ABBOTT LABS COM COM 002824100 431 9200
SH SHARE 9200
ABERCROMBIE & FITCH CO CL A COM 002896207 231 2500
SH SHARE 01 2500
ABERCROMBIE & FITCH CO CL A COM 002896207 185 2000
SH SHARE 2000
ADVANCED MONITORING COM 007910102 0 10500
SH SHARE 10500
AIR PRODS & CHEMS INC COM COM 009158106 110 3200
SH SHARE 01 3200
AIR PRODS & CHEMS INC COM COM 009158106 145 4230
SH SHARE 4230
AIRBORNE FRGHT CORP DEL COM 009266107 730 23545
SH SHARE 02 23545
AIRBORNE FRGHT CORP DEL COM 009266107 6 185
SH SHARE 185
AIRGAS INC COM COM 009363102 50 6000
SH SHARE 01 6000
AIRGAS INC COM COM 009363102 109 13000
SH SHARE 13000
AIRTOUCH COMMUNICATIONS INC CO COM 00949T100 196 2028
SH SHARE 01 2028
AIRTOUCH COMMUNICATIONS INC CO COM 00949T100 376 3895
SH SHARE 3895
AIRTOUCH COMM PFD CL C COM 00949T308 222 1650
SH SHARE 1650
ALBERTSONS INC COM COM 013104104 680 12500
SH SHARE 01 12500
ALCOA INC COM 013817101 119 2900
SH SHARE 01 2900
ALCOA INC COM 013817101 268 6500
SH SHARE 02 6500
ALLERGAN INC COM COM 018490102 343 3900
SH SHARE 01 3900
ALLERGAN INC COM COM 018490102 9 100
SH SHARE 100
ALLSTATE CORP COM 020002101 194 5222
SH SHARE 01 5222
ALLSTATE CORP COM 020002101 2208 59565
SH SHARE 02 59565
ALLSTATE CORP COM 020002101 104 2804
SH SHARE 2804
ALLTEL CORP (DEL) COM 020039103 279 4480
SH SHARE 01 4480
ALLTEL CORP (DEL) COM 020039103 98 1570
SH SHARE 1570
AMAZON.COM INC COM 023135106 293 1700
SH SHARE 1700
AMBAC INC COM COM 023139108 790 14630
SH SHARE 02 14630
AMERICA ONLINE INC DEL COM 02364J104 5766 39225
SH SHARE 01 39225
AMERICA ONLINE INC DEL COM 02364J104 2358 16041
SH SHARE 16041
AMERICA ONLINE INC COM 02364J904 3650 25000
SH SHARE 01 25000
AMER COUNTRY HLDGS COM 025278102 16 13500
SH SHARE 13500
AMERICAN EXPRESS CO COM COM 025816109 1819 15451
SH SHARE 01 15451
AMERICAN EXPRESS CO COM COM 025816109 445 3777
SH SHARE 3777
AMERICAN GENERAL CORP COM 026351106 3980 56456
SH SHARE 02 56456
AMERICAN GENERAL CORP COM 026351106 7 100
SH SHARE 100
AMERICAN HOME PRODS CORP COM COM 026609107 1164 17843
SH SHARE 01 17843
AMERICAN HOME PRODS CORP COM COM 026609107 1362 20878
SH SHARE 02 20878
AMERICAN HOME PRODS CORP COM COM 026609107 1490 22842
SH SHARE 22842
AMERICAN INTL GRP COM 026874107 15254 126460
SH SHARE 01 126460
AMERICAN INTL GRP COM 026874107 7734 64116
SH SHARE 02 64116
AMERICAN INTL GRP COM 026874107 544 4513
SH SHARE 4513
AMERICAN STORES CO NEW COM COM 030096101 10 308
SH SHARE 01 308
AMERICAN STORES CO NEW COM COM 030096101 211 6400
SH SHARE 6400
AMER WATER WORKS CO INC COM 030411102 210 7200
SH SHARE 02 7200
AMER WATER WORKS CO INC COM 030411102 9 307
SH SHARE 307
AMERITECH CORP COM COM 030954101 1635 28366
SH SHARE 01 28366
AMERITECH CORP COM COM 030954101 195 3388
SH SHARE 3388
AMGEN INC COM COM 031162100 2246 30000
SH SHARE 01 30000
AMGEN INC COM COM 031162100 150 2000
SH SHARE 2000
AON CORP COM 037389103 228 3600
SH SHARE 02 3600
APCO ARGENTINA INC CAYMAN IS O COM 037489101 2765 194016
SH SHARE 01 194016
APPLIED MATLS INC COM COM 038222105 12 200
SH SHARE 01 200
APPLIED MATLS INC COM COM 038222105 241 3900
SH SHARE 02 3900
APPLIED MATLS INC COM COM 038222105 8 135
SH SHARE 135
APTARGROUP INC. COM COM 038336103 3463 133174
SH SHARE 02 133174
ARVIN INDS INC COM COM 043339100 493 14640
SH SHARE 02 14640
ASCEND COMMUNICATION INC COM 043491109 255 3050
SH SHARE 3050
AT HOME CORP COM 045919107 3423 21735
SH SHARE 01 21735
AT HOME CORP COM 045919107 24 150
SH SHARE 150
ATLANTIC RICHFIELD CO COM COM 048825103 1085 14839
SH SHARE 01 14839
ATLANTIC RICHFIELD CO COM COM 048825103 205 2800
SH SHARE 2800
AUTOMATIC DATA PROCESSING INC COM 053015103 4135 99950
SH SHARE 01 99950
AUTOMATIC DATA PROCESSING INC COM 053015103 127 3060
SH SHARE 3060
AUTONATION INC COM 05329W102 119 10001
SH SHARE 10001
AVERY DENNISON CORP COM 053611109 58 1000
SH SHARE 01 1000
AVERY DENNISON CORP COM 053611109 188 3267
SH SHARE 3267
AVON PRODUCTS INC COM 054303102 405 8600
SH SHARE 8600
BJS WHSL CLUB INC COM COM 05548J106 4999 189997
SH SHARE 02 189997
BP AMOCO P L C SPNSD ADR COM 055622104 2782 27543
SH SHARE 01 27543
BP AMOCO P L C SPNSD ADR COM 055622104 6793 67259
SH SHARE 02 67259
BP AMOCO P L C SPNSD ADR COM 055622104 444 4397
SH SHARE 4397
BALTIMORE GAS & ELEC CO COM COM 059165100 301 11858
SH SHARE 01 11858
BANGOR HYDRO ELEC CO COM COM 060077104 2013 158675
SH SHARE 01 158675
BANK ONE CORP COM 06423A103 95 1731
SH SHARE 01 1731
BANK ONE CORP COM 06423A103 557 10120
SH SHARE 02 10120
BANK ONE CORP COM 06423A103 118 2134
SH SHARE 2134
BANKAMERICA CORP NEW COM 06605F102 154 2180
SH SHARE 01 2180
BANKAMERICA CORP NEW COM 06605F102 119 1682
SH SHARE 1682
BANKERS TR CORP COM 066365107 253 2865
SH SHARE 02 2865
BANKERS TR CORP COM 066365107 42 478
SH SHARE 478
BAXTER INTL INC COM 071813109 256 3885
SH SHARE 3885
BEAR STEARNS CO INC COM 073902108 2964 66329
SH SHARE 66329
BECTON DICKINSON & CO COM COM 075887109 215 5600
SH SHARE 01 5600
BECTON DICKINSON & CO COM COM 075887109 6012 156916
SH SHARE 02 156916
BECTON DICKINSON & CO COM COM 075887109 8 200
SH SHARE 200
BELL ATLANTIC CORP COM 077853109 4652 90007
SH SHARE 01 90007
BELL ATLANTIC CORP COM 077853109 704 13618
SH SHARE 02 13618
BELL ATLANTIC CORP COM 077853109 948 18343
SH SHARE 18343
BELLSOUTH CORP COM COM 079860102 1123 28031
SH SHARE 01 28031
BELLSOUTH CORP COM COM 079860102 411 10260
SH SHARE 10260
BESTFOODS COM 08658U101 125 2650
SH SHARE 01 2650
BESTFOODS COM 08658U101 289 6140
SH SHARE 02 6140
BESTFOODS COM 08658U101 122 2600
SH SHARE 2600
BIOSONICS INC COM 090908104 5 152595
SH SHARE 152595
BLACKROCK TARGET TERM COM 092476100 123 12700
SH SHARE 12700
BLACKROCK INVESTMENT COM 09247J102 87 10000
SH SHARE 10000
BLACKROCK STRATEGIC COM 09247P108 115 12500
SH SHARE 12500
BOEING CO COM COM 097023105 7 212
SH SHARE 01 212
BOEING CO COM COM 097023105 1417 41691
SH SHARE 41691
BOISE CASCADE OFFICE PRD COM 097403109 132 11900
SH SHARE 11900
BRESLER & REINER INC COM COM 107336109 399 14625
SH SHARE 01 14625
BRISTOL MYERS SQUIBB CO COM COM 110122108 3502 54606
SH SHARE 01 54606
BRISTOL MYERS SQUIBB CO COM COM 110122108 699 10900
SH SHARE 02 10900
BRISTOL MYERS SQUIBB CO COM COM 110122108 1667 25992
SH SHARE 25992
BRITISH STEEL PLC ADR F COM 111015301 213 10535
SH SHARE 10535
BROADVISION INC COM 111412102 442 7400
SH SHARE 01 7400
BURLINGTON NORTHN SANTA FE COR COM 12189T104 59 1800
SH SHARE 01 1800
BURLINGTON NORTHN SANTA FE COR COM 12189T104 517 15729
SH SHARE 02 15729
BURLINGTON NORTHN SANTA FE COR COM 12189T104 148 4500
SH SHARE 4500
CBS COM 12490K107 5979 146500
SH SHARE 01 146500
CBS COM 12490K107 234 5725
SH SHARE 5725
CECO ENVIRONMENTAL CORP COM COM 125141101 75 20000
SH SHARE 01 20000
CIGNA CORP COM COM 125509109 440 5244
SH SHARE 01 5244
CIGNA CORP COM COM 125509109 4594 54812
SH SHARE 02 54812
CIGNA CORP COM COM 125509109 130 1550
SH SHARE 1550
CMP GROUP INC COM COM 125820100 257 14000
SH SHARE 01 14000
CVS CORP. COM 126645209 2138 25000
SH SHARE 01 25000
CVS CORP COM 126650100 4014 84500
SH SHARE 01 84500
CVS CORP COM 126650100 796 16750
SH SHARE 16750
CABOT CORP COM COM 127055101 468 22000
SH SHARE 01 22000
CABOT OIL & GAS CORP CL A COM 127097103 188 13000
SH SHARE 01 13000
CAMBREX CORP COM 132011107 223 10100
SH SHARE 10100
CAMPBELL SOUP CO COM COM 134429109 1221 30000
SH SHARE 01 30000
CAMPBELL SOUP CO COM COM 134429109 285 7000
SH SHARE 02 7000
CAMPBELL SOUP CO COM COM 134429109 84 2065
SH SHARE 2065
CAPSTEAD MTG CORP COM COM 14067E100 55 10325
SH SHARE 01 10325
CARDINAL HEALTH INC COM 14149Y108 209 3170
SH SHARE 3170
CASCADE NAT GAS CORP COM COM 147195101 514 34400
SH SHARE 01 34400
CATERPILLAR INC COM COM 149123101 11 250
SH SHARE 01 250
CATERPILLAR INC COM COM 149123101 540 11746
SH SHARE 11746
CENTRAL&SOUTH WEST CORP COM 152357109 2040 87060
SH SHARE 02 87060
CENTRAL&SOUTH WEST CORP COM 152357109 7 285
SH SHARE 285
CENTURY TEL ENTERPRIS COM 156686107 990 21142
SH SHARE 02 21142
CHARTER ONE FINL INC COM COM 160903100 47 1619
SH SHARE 01 1619
CHARTER ONE FINL INC COM COM 160903100 4879 169074
SH SHARE 02 169074
CHASE MANHATTAN CORP NEW COM 161617108 4042 49668
SH SHARE 01 49668
CHASE MANHATTAN CORP COM 16161A108 6505 80000
SH SHARE 01 80000
CHASE MANHATTAN CORP COM 16161A108 7451 91561
SH SHARE 02 91561
CHASE MANHATTAN CORP COM 16161A108 521 6399
SH SHARE 6399
CHASE PACKAGING CORP TX COM 161635107 4 84082
SH SHARE 84082
CHEVRON CORP COM 166751107 544 6132
SH SHARE 01 6132
CHEVRON CORP COM 166751107 244 2750
SH SHARE 02 2750
CHEVRON CORP COM 166751107 653 7362
SH SHARE 7362
CHIREX INC COM 170038103 255 10400
SH SHARE 10400
CHUBB CORP COM 171232101 1238 21133
SH SHARE 21133
CHURCH & DWIGHT INC C COM 171340102 598 14670
SH SHARE 02 14670
CINCINNATI BELL INC COM COM 171870108 22 1000
SH SHARE 01 1000
CINCINNATI BELL INC COM COM 171870108 343 15300
SH SHARE 15300
CINCINNATI FINL CORP COM 172062101 369 10128
SH SHARE 10128
CISCO SYSTEMS COM 17275R102 15747 143711
SH SHARE 01 143711
CISCO SYSTEMS COM 17275R102 664 6062
SH SHARE 02 6062
CISCO SYSTEMS COM 17275R102 2474 22577
SH SHARE 22577
CITIZENS & NORTHN CORP COM COM 172922106 434 13057
SH SHARE 01 13057
CITIGROUP COM 172967101 14850 232486
SH SHARE 01 232486
CITIGROUP COM 172967101 3823 59854
SH SHARE 02 59854
CITIGROUP COM 172967101 1548 24231
SH SHARE 24231
CITIZENS UTILS CO SER B COM 177342201 96 12368
SH SHARE 12368
CLOSURE MED CORP COM COM 189093107 646 17000
SH SHARE 01 17000
COASTAL CORP COM 190441105 811 24570
SH SHARE 02 24570
COASTAL CORP COM 190441105 80 2416
SH SHARE 2416
COCA COLA CO COM COM 191216100 1141 18583
SH SHARE 01 18583
COCA COLA CO COM COM 191216100 1286 20950
SH SHARE 02 20950
COCA COLA CO COM COM 191216100 865 14099
SH SHARE 14099
COLGATE PALMOLIVE CO COM COM 194162103 363 3946
SH SHARE 01 3946
COLGATE PALMOLIVE CO COM COM 194162103 591 6420
SH SHARE 02 6420
COLGATE PALMOLIVE CO COM COM 194162103 1318 14322
SH SHARE 14322
COLUMBIA ENERGY GROUP COM 197648108 3946 75529
SH SHARE 02 75529
COMCAST CORP COM 200300100 1677 26650
SH SHARE 01 26650
COMDISCO INC COM 200336105 218 12204
SH SHARE 02 12204
COMMERCE BANCSHARES I COM 200525103 1124 29184
SH SHARE 02 29184
COMMERCE CAP TR I PFD COM 20057P203 261 10300
SH SHARE 10300
COMPAQ COMPUTER CORP COM 204493100 673 21249
SH SHARE 01 21249
COMPAQ COMPUTER CORP COM 204493100 4759 150197
SH SHARE 02 150197
COMPAQ COMPUTER CORP COM 204493100 1889 59623
SH SHARE 59623
COMPUTER CONCEPTS NEW COM 204897300 71 30000
SH SHARE 30000
COMPUTER SCIENCES CORP COM COM 205363104 357 6475
SH SHARE 01 6475
COMPUTER SCIENCES CORP COM COM 205363104 15 265
SH SHARE 265
CONCORDE CAREER COLLEGES COM 20651H102 53 85500
SH SHARE 85500
CONECTIV INC COM 206829103 161 8307
SH SHARE 01 8307
CONECTIV INC COM 206829103 64 3300
SH SHARE 3300
CONSOLIDATED EDISON INC COM 209115104 18 400
SH SHARE 01 400
CONSOLIDATED EDISON INC COM 209115104 342 7550
SH SHARE 02 7550
CONSOLIDATED EDISON INC COM 209115104 45 1000
SH SHARE 1000
CONVERGYS CORP COM 212485106 262 15300
SH SHARE 15300
CORNING INC COM 219350105 840 14000
SH SHARE 01 14000
CORNING INC COM 219350105 189 3150
SH SHARE 3150
COSTCO COMPANIES INC COM 22160Q102 215 2350
SH SHARE 01 2350
COSTCO COMPANIES INC COM 22160Q102 78 850
SH SHARE 850
COTTON STS LIFE & HEALTH INS C COM 221774102 606 51599
SH SHARE 01 51599
DQE COM 23329J104 22 562
SH SHARE 01 562
DQE COM 23329J104 1374 35800
SH SHARE 02 35800
DALLAS SEMICONDUCTOR COM COM 235204104 829 21450
SH SHARE 01 21450
DANA CORPORATION COM 235811106 257 6750
SH SHARE 6750
DATASCOPE CORP PFD 238113104 850 31475
SH SHARE 02 31475
DATASCOPE CORP PFD 238113104 173 6400
SH SHARE 6400
DAYTON HUDSON CORP COM COM 239753106 20 300
SH SHARE 01 300
DAYTON HUDSON CORP COM COM 239753106 5890 88406
SH SHARE 02 88406
DAYTON HUDSON CORP COM COM 239753106 510 7650
SH SHARE 7650
DEAN FOODS CO COMMON COM 242361103 2114 59335
SH SHARE 02 59335
DEAN FOODS CO COMMON COM 242361103 32 900
SH SHARE 900
DEERE & CO COM 244199105 294 7600
SH SHARE 7600
DELL COMPUTER COM 247025109 6102 149255
SH SHARE 01 149255
DELL COMPUTER COM 247025109 510 12475
SH SHARE 12475
DEPARTMENT 56 INC COM COM 249509100 755 24790
SH SHARE 02 24790
DEXTER CORPORATION COM 252165105 455 14459
SH SHARE 14459
DIAMOND OFFSHORE DRILLING INC COM 25271C102 3 100
SH SHARE 01 100
DIAMOND OFFSHORE DRILLING INC COM 25271C102 230 7266
SH SHARE 7266
DISNEY WALT COMPANY NEW COM 254687106 894 28713
SH SHARE 01 28713
DISNEY WALT COMPANY NEW COM 254687106 297 9547
SH SHARE 02 9547
DISNEY WALT COMPANY NEW COM 254687106 1780 57175
SH SHARE 57175
DONALDSON LUFKIN & COM 257661108 370 5300
SH SHARE 5300
DOW CHEM CO COM COM 260543103 201 2156
SH SHARE 01 2156
DOW CHEM CO COM COM 260543103 199 2140
SH SHARE 2140
DU PONT E I DE NEMOURS & CO CO COM 263534109 4559 78515
SH SHARE 01 78515
DU PONT E I DE NEMOURS & CO CO COM 263534109 3231 55651
SH SHARE 02 55651
DU PONT E I DE NEMOURS & CO CO COM 263534109 1945 33506
SH SHARE 33506
DUKE POWER CO COM COM 264399106 27 500
SH SHARE 01 500
DUKE POWER CO COM COM 264399106 1534 27984
SH SHARE 02 27984
DUKE POWER CO COM COM 264399106 40 732
SH SHARE 732
DUKE REALTY INVT INC NEW COM 264411505 4178 194335
SH SHARE 02 194335
DUKE REALTY INVT INC NEW COM 264411505 2 100
SH SHARE 100
DUN & BRADSTREET CORP DEL COM COM 26483B106 20 570
SH SHARE 01 570
DUN & BRADSTREET CORP DEL COM COM 26483B106 2046 57433
SH SHARE 02 57433
EMC CORP MASS COM COM 268648102 256 2000
SH SHARE 01 2000
EMC CORP MASS COM COM 268648102 790 6182
SH SHARE 6182
EMC INS GROUP INC COM COM 268664109 549 46208
SH SHARE 01 46208
EASTMAN KODAK CO COM COM 277461109 29 450
SH SHARE 01 450
EASTMAN KODAK CO COM COM 277461109 531 8309
SH SHARE 8309
ELECTRNC CLEARNG HSE INC COM 285562203 24 14000
SH SHARE 14000
EMERSON ELEC CO COM COM 291011104 238 4500
SH SHARE 01 4500
EMERSON ELEC CO COM COM 291011104 738 13950
SH SHARE 02 13950
EMERSON ELEC CO COM COM 291011104 5 100
SH SHARE 100
ENERGY EAST CORP COM 29266M109 773 29420
SH SHARE 02 29420
ENERGY EAST CORP COM 29266M109 74 1400
SH SHARE 1400
ENRON CORP COM COM 293561106 48 750
SH SHARE 01 750
ENRON CORP COM COM 293561106 211 3289
SH SHARE 02 3289
ENRON CORP COM COM 293561106 193 3010
SH SHARE 3010
EQUITABLE COS INC COM 29444G107 14 200
SH SHARE 01 200
EQUITABLE COS INC COM 29444G107 3555 50784
SH SHARE 02 50784
ETHAN ALLEN INTERIORS COM 297602104 5089 122445
SH SHARE 02 122445
EXCITE INC COM 300904109 840 6000
SH SHARE 01 6000
EXOGEN, INC COM 302092101 466 181818
SH SHARE 181818
EXXON CORP COM 302290101 9863 139776
SH SHARE 01 139776
EXXON CORP COM 302290101 6388 90533
SH SHARE 02 90533
EXXON CORP COM 302290101 2122 30067
SH SHARE 30067
FED HOME LOAN MTG COM COM 313400301 1853 32323
SH SHARE 01 32323
FEDERAL NAT'L MTG ASSO. COM 313586109 10065 145346
SH SHARE 01 145346
FEDERAL NAT'L MTG ASSO. COM 313586109 1175 16965
SH SHARE 02 16965
FEDERAL NAT'L MTG ASSO. COM 313586109 209 3019
SH SHARE 3019
FEDERATED DEPARTMENT COM 31410H101 3155 78640
SH SHARE 02 78640
FINOVA GROUP INC COM 317928109 2842 54779
SH SHARE 02 54779
FINOVA GROUP INC COM 317928109 3 60
SH SHARE 60
FIRST UNION CORP COM COM 337358105 4831 90411
SH SHARE 01 90411
FIRST UNION CORP COM COM 337358105 5666 106037
SH SHARE 02 106037
FIRST UNION CORP COM COM 337358105 3245 60734
SH SHARE 60734
FIRSTSERVICE CORP F COM 33761N109 261 20000
SH SHARE 20000
FLEET FINL GROUP INC NEW COM COM 338915101 83 2200
SH SHARE 01 2200
FLEET FINL GROUP INC NEW COM COM 338915101 554 14724
SH SHARE 14724
FORD MTR CO DEL COM COM 345370100 360 6345
SH SHARE 01 6345
FORD MTR CO DEL COM COM 345370100 979 17268
SH SHARE 02 17268
FORD MTR CO DEL COM COM 345370100 245 4320
SH SHARE 4320
FORTUNE BRANDS INC COM 349631101 77 2000
SH SHARE 01 2000
FORTUNE BRANDS INC COM 349631101 4801 124690
SH SHARE 02 124690
FORTUNE BRANDS INC COM 349631101 65 1700
SH SHARE 1700
FRONTIER CORP COM 35906P105 307 5917
SH SHARE 5917
GPU INC COM 36225X100 15 400
SH SHARE 01 400
GPU INC COM 36225X100 1193 31965
SH SHARE 02 31965
GPU INC COM 36225X100 121 3256
SH SHARE 3256
G T E CORP COM COM 362320103 932 15398
SH SHARE 01 15398
G T E CORP COM COM 362320103 318 5250
SH SHARE 02 5250
G T E CORP COM COM 362320103 251 4150
SH SHARE 4150
GANNETT INC COM 364730101 38 600
SH SHARE 01 600
GANNETT INC COM 364730101 620 9840
SH SHARE 9840
GAP INC COM 364760108 2383 35400
SH SHARE 01 35400
GATEWAY 2000 INC COM 367833100 6322 92210
SH SHARE 02 92210
GATEWAY 2000 INC COM 367833100 75 1100
SH SHARE 1100
GENERAL ELEC CO. COM 369604103 19494 176220
SH SHARE 01 176220
GENERAL ELEC CO. COM 369604103 6193 55979
SH SHARE 02 55979
GENERAL ELEC CO. COM 369604103 4124 37282
SH SHARE 37282
GENERAL MTRS CORP COM COM 370442105 222 2550
SH SHARE 01 2550
GENERAL MTRS CORP COM COM 370442105 5934 68206
SH SHARE 02 68206
GENERAL MTRS CORP COM COM 370442105 287 3298
SH SHARE 3298
GENERAL MTRS CORP CL H NEW COM 370442832 101 2000
SH SHARE 01 2000
GENERAL MTRS CORP CL H NEW COM 370442832 167 3312
SH SHARE 3312
GENIUS TECHNOLOGIES INC COM 372300103 0 10012
SH SHARE 10012
GILLETTE CO COM COM 375766102 665 11195
SH SHARE 01 11195
GILLETTE CO COM COM 375766102 430 7235
SH SHARE 7235
GLENAYRE TECH INC COM 377899109 52 15000
SH SHARE 15000
GLOBAL MARINE INC COM 379352404 8 700
SH SHARE 01 700
GLOBAL MARINE INC COM 379352404 256 21827
SH SHARE 21827
GOODYEAR TIRE&RUBBER CO COM 382550101 686 13776
SH SHARE 13776
GREAT ATLANTIC & PAC COM 390064103 4241 141370
SH SHARE 02 141370
GUIDANT CORP COM 401698105 5664 93625
SH SHARE 01 93625
GUIDANT CORP COM 401698105 246 4069
SH SHARE 4069
HSB GROUP INC COM COM 4028N109 2101 56590
SH SHARE 01 56590
H T E INC COM 403926108 115 37700
SH SHARE 37700
HA-LO INDS INC COM 404429102 972 78950
SH SHARE 78950
HALLIBURTON CO COM COM 406216101 313 8135
SH SHARE 01 8135
HALLIBURTON CO COM COM 406216101 4359 113233
SH SHARE 02 113233
HALLIBURTON CO COM COM 406216101 1059 27508
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HARDINGE INC COM COM 412324303 162 11500
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HARLEY DAVIDSON INC COM COM 412822108 287 5000
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HARLEY DAVIDSON INC COM COM 412822108 175 3050
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HARRIS CORP COM 413875105 369 12880
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HEALTH CARE PPTY INVS COM 421915109 1303 45338
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HEINZ H J CO COM COM 423074103 477 10063
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HEINZ H J CO COM COM 423074103 159 3360
SH SHARE 3360
HERSHEY FOODS CORP COM COM 427866108 197 3520
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HERSHEY FOODS CORP COM COM 427866108 31 550
SH SHARE 550
HEWLETT PACKARD CO COM COM 428236103 1923 28360
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HEWLETT PACKARD CO COM COM 428236103 2679 39505
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HEWLETT PACKARD CO COM COM 428236103 39826 587299
SH SHARE 587299
HOME DEPOT COM 437076102 12014 192987
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HOME DEPOT COM 437076102 2202 35371
SH SHARE 35371
HOME STAKE OIL & GAS CO COM 437356108 352 90799
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HONEYWELL INCORPORATED COM 438506107 644 8500
SH SHARE 02 8500
HONEYWELL INCORPORATED COM 438506107 80 1060
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HOUSEHOLD INTL INC COM COM 441815107 115 2513
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HOUSEHOLD INTL INC COM COM 441815107 219 4800
SH SHARE 4800
HUBBELL INC CL B COM 443510201 532 13288
SH SHARE 13288
IMAGEMAX INC COM 45245V101 34 26800
SH SHARE 26800
INGERSOLL-RAND COMPANY COM 456866102 3763 75827
SH SHARE 02 75827
INGERSOLL-RAND COMPANY COM 456866102 107 2150
SH SHARE 2150
INTEL CORP COM COM 458140100 4120 34660
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INTEL CORP COM COM 458140100 2314 19466
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INTEL CORP COM COM 458140100 2220 18675
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INTERNATIONAL BUSINESS COM 459200101 5800 32724
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INTERNATIONAL BUSINESS COM 459200101 1768 9973
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INTERNATIONAL BUSINESS COM 459200101 997 5624
SH SHARE 5624
INTL FLAVOR & FRAGRANCES COM 459506101 575 15300
SH SHARE 15300
INTL MGMT & RES CORP NEW COM 459849204 1 15400
SH SHARE 15400
INTERNATIONAL PAPER CO COM COM 460146103 15 350
SH SHARE 01 350
INTERNATIONAL PAPER CO COM COM 460146103 1869 44301
SH SHARE 44301
INTL SHIPHOLDING CRP COM NEW COM 460321201 1614 129083
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INTL SPECIALTY PRODS INC COM 460337108 97 12800
SH SHARE 12800
J P M CO COM 465933109 236 21701
SH SHARE 21701
JEFFERSON PILOT CORP COM 475070108 960 14170
SH SHARE 02 14170
JOHNSON & JOHNSON COM COM 478160104 3994 42716
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JOHNSON & JOHNSON COM COM 478160104 1889 20200
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JOHNSON & JOHNSON COM COM 478160104 1479 15822
SH SHARE 15822
JOHNSON CONTROLS COM 478366107 1175 18840
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KCS ENERGY INC NEW COM 482434206 16 12000
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KANSAS CITY LIFE INS CO COM COM 484836101 628 7700
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KANSAS CITY SOUTHN INDS INC COM 485170104 2371 41590
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KANSAS CITY SOUTHN INDS INC COM 485170104 120 2100
SH SHARE 2100
KELLWOOD COM 488044108 919 41640
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KERR MCGEE CORP COM 492386107 210 6399
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KEYCORP NEW COM COM 493267108 9 300
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KEYCORP NEW COM COM 493267108 307 10124
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KEYCORP NEW COM COM 493267108 9 300
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KEYSTONE FINL INC COM 493482103 11 328
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KEYSTONE FINL INC COM 493482103 194 6000
SH SHARE 6000
KNIGHT RIDDER COM 499040103 4032 80635
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KONINKLIJKE PHILIPS ELEF COM 500472105 923 11200
SH SHARE 11200
KROGER CO COM 501044101 6656 111165
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KROGER CO COM 501044101 28 472
SH SHARE 472
ESTEE LAUDER TRACES 11 COM 518438205 2393 26500
SH SHARE 01 26500
LAWSON PRODUCTS INC COM 520776105 349 17000
SH SHARE 17000
LEXMARK INTL GROUP IN COM 529771107 799 7140
SH SHARE 02 7140
LIBERTY PROPERTY TRUST COM 531172104 787 37925
SH SHARE 02 37925
LIBERTY PROPERTY TRUST COM 531172104 12 600
SH SHARE 600
LILLY (ELI), AND CO. COM 532457108 13887 163621
SH SHARE 01 163621
LILLY (ELI), AND CO. COM 532457108 463 5455
SH SHARE 02 5455
LILLY (ELI), AND CO. COM 532457108 217 2553
SH SHARE 2553
LINCOLN NATL CORP IND COM 534187109 438 4430
SH SHARE 02 4430
LINCOLN NATL CORP IND COM 534187109 69 700
SH SHARE 700
LONGS DRUG STORES CORP COM 543162101 222 7300
SH SHARE 7300
LUCENT TECHNOLOGIES COM 549463107 14241 131859
SH SHARE 01 131859
LUCENT TECHNOLOGIES COM 549463107 494 9145
SH SHARE 02 9145
LUCENT TECHNOLOGIES COM 549463107 4587 42474
SH SHARE 42474
MBNA CORP COM COM 55262L100 5509 230728
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MBNA CORP COM COM 55262L100 1 50
SH SHARE 50
MCI WORLDCOM INC COM 55268B106 16877 190598
SH SHARE 01 190598
MCI WORLDCOM INC COM 55268B106 862 9728
SH SHARE 9728
MAIN STREET BANCORP INC COM 559906102 238 14936
SH SHARE 14936
MAIL WELL INC COM 560321200 203 15200
SH SHARE 15200
MARINE DRILLING COS NEW COM 568240204 116 10523
SH SHARE 10523
MARITIME TELEG & TEL LTD COM COM 570357103 1333 50100
SH SHARE 01 50100
MARITRANS INC COM 570363101 1983 344853
SH SHARE 01 344853
MARSH & MCLENNAN COS INC COM 571748102 1316 17725
SH SHARE 01 17725
MARSH & MCLENNAN COS INC COM 571748102 875 11790
SH SHARE 02 11790
MARSH & MCLENNAN COS INC COM 571748102 287 3859
SH SHARE 3859
MARTEK BIOSCIENCES CORP COM COM 572901106 96 17000
SH SHARE 01 17000
MAXAM GOLD CORP COM 57772F102 44 200000
SH SHARE 01 200000
MAYTAG CORP COM 578592107 3479 57628
SH SHARE 02 57628
MAYTAG CORP COM 578592107 14 225
SH SHARE 225
MCDONALDS CORP COM COM 580135101 3837 84685
SH SHARE 01 84685
MCDONALDS CORP COM COM 580135101 958 21146
SH SHARE 21146
MCGRAW-HILL COS INC COM COM 580645109 605 11100
SH SHARE 01 11100
MCGRAW-HILL COS INC COM COM 580645109 120 2200
SH SHARE 2200
MEDIAONE GROUP COM 58440J104 2555 40233
SH SHARE 01 40233
MEDIAONE GROUP COM 58440J104 242 3820
SH SHARE 3820
MEDTRONIC INC COM COM 585055106 3155 43900
SH SHARE 01 43900
MEDTRONIC INC COM COM 585055106 449 6240
SH SHARE 02 6240
MEDTRONIC INC COM COM 585055106 10 135
SH SHARE 135
MELLON BANK CORP COM COM 585509102 81 1152
SH SHARE 01 1152
MELLON BANK CORP COM COM 585509102 592 8408
SH SHARE 02 8408
MELLON BANK CORP COM COM 585509102 290 4125
SH SHARE 4125
MERCK & CO., INC. COM 589331107 25822 322215
SH SHARE 01 322215
MERCK & CO., INC. COM 589331107 2314 28875
SH SHARE 02 28875
MERCK & CO., INC. COM 589331107 4771 59551
SH SHARE 59551
MERCURY FIN CO COM 589395102 11 90477
SH SHARE 90477
MEREDITH CORP COM COM 589433101 107 3398
SH SHARE 01 3398
MEREDITH CORP COM COM 589433101 684 21745
SH SHARE 21745
MERIDIAN INS GROUP INC COM COM 589601103 2358 149712
SH SHARE 01 149712
METRA BIOSYSTEMS, INC. COM 591591102 97 88785
SH SHARE 88785
MICROSOFT CORP. COM 594918104 22924 255804
SH SHARE 01 255804
MICROSOFT CORP. COM 594918104 1049 11700
SH SHARE 02 11700
MICROSOFT CORP. COM 594918104 2274 25372
SH SHARE 25372
MIDCAP SPDR TR UNIT S COM 595635103 242 3510
SH SHARE 02 3510
MINNESOTA MNG & MFG CO COM COM 604059105 71 1000
SH SHARE 01 1000
MINNESOTA MNG & MFG CO COM COM 604059105 275 3890
SH SHARE 02 3890
MINNESOTA MNG & MFG CO COM COM 604059105 1629 23021
SH SHARE 23021
MINNESOTA PWR INC COM COM 604110106 256 12980
SH SHARE 01 12980
MINNESOTA PWR INC COM COM 604110106 101 5100
SH SHARE 5100
MOBIL CORP COM 607059102 1318 14978
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MOBIL CORP COM 607059102 1400 15907
SH SHARE 02 15907
MOBIL CORP COM 607059102 727 8266
SH SHARE 8266
MONSANTO CO COM COM 611662107 253 5500
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MONSANTO CO COM COM 611662107 462 10050
SH SHARE 10050
MORGAN J P & CO INC COM COM 616880100 357 2890
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MORGAN J P & CO INC COM COM 616880100 366 2967
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MORGAN J P & CO INC COM COM 616880100 1122 9090
SH SHARE 9090
MORGAN STANLEY DEAN WITTER & C COM 617446448 573 5733
SH SHARE 01 5733
MORGAN STANLEY DEAN WITTER & C COM 617446448 6561 65649
SH SHARE 02 65649
MORGAN STANLEY DEAN WITTER & C COM 617446448 0 2
SH SHARE 2
MOTHERS WORK INC COM 619903107 1655 152186
SH SHARE 152186
MOTOROLA INC COM COM 620076109 295 4030
SH SHARE 01 4030
MOTOROLA INC COM COM 620076109 780 10648
SH SHARE 10648
NCO GROUP INC COM 628858102 2 50
SH SHARE 01 50
NCO GROUP INC COM 628858102 311 8400
SH SHARE 8400
NIPSCO INDS INC COM 629140104 4683 173461
SH SHARE 02 173461
NAMIBIAN MINERALS CORP F COM 629913104 60 23000
SH SHARE 23000
NATIONAL CITY CORP COM COM 635405103 1452 21874
SH SHARE 01 21874
NATIONAL CITY CORP COM COM 635405103 232 3500
SH SHARE 3500
NEXTLINK COMMUNICATIONS INC COM 65333H707 235 4200
SH SHARE 01 4200
NIAGARA MOHAWK HLDGS INC COM 653522102 2880 214300
SH SHARE 01 214300
NICOR INC COM 654086107 1437 39996
SH SHARE 02 39996
NOCOPI TECHNOLOGIES INC COM 655212207 17 101100
SH SHARE 101100
NORFOLK SOUTHERN CORP COM 655844108 237 9000
SH SHARE 01 9000
NORFOLK SOUTHERN CORP COM 655844108 306 11595
SH SHARE 02 11595
NORFOLK SOUTHERN CORP COM 655844108 150 5700
SH SHARE 5700
NRTHRN BORDER PRTNRS LP COM 664785102 257 8400
SH SHARE 8400
NOVACARE INC PFD 669930109 30 16925
SH SHARE 16925
NOVELL INC COM 670006105 8 300
SH SHARE 01 300
NOVELL INC COM 670006105 194 7700
SH SHARE 7700
OPHIDIAN PHARMACEUTICALS INC COM 683725105 10 11100
SH SHARE 01 11100
PIMCO ADVISORS HLDG LP COM 69338P102 267 8500
SH SHARE 8500
PMA CAP CORP CL A COM 693419202 1218 60534
SH SHARE 01 60534
PNC BANK CORP COM 693475105 185 3332
SH SHARE 01 3332
PNC BANK CORP COM 693475105 492 8860
SH SHARE 02 8860
PNC BANK CORP COM 693475105 389 7010
SH SHARE 7010
P P & L RES INC COM COM 693499105 1209 48847
SH SHARE 01 48847
P P & L RES INC COM COM 693499105 131 5285
SH SHARE 5285
P P G INDS INC COM COM 693506107 10 200
SH SHARE 01 200
P P G INDS INC COM COM 693506107 615 12001
SH SHARE 02 12001
P P G INDS INC COM COM 693506107 144 2800
SH SHARE 2800
PAPA JOHNS INTL INC COM 698813102 214 4850
SH SHARE 01 4850
PARTNERS NATL CORP COM 702123100 1 100000
SH SHARE 01 100000
PENNEY J C INC COM 708160106 265 6550
SH SHARE 02 6550
PENNSYLVANIA ENTERPRISES INC C COM 708720107 1007 41950
SH SHARE 01 41950
PENTAIR INDS INC COM 709631105 1713 50770
SH SHARE 02 50770
PEPSICO INC COM COM 713448108 3099 79074
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PEPSICO INC COM COM 713448108 404 10312
SH SHARE 10312
PFIZER INC COM 717081103 12579 90658
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PFIZER INC COM 717081103 1952 14069
SH SHARE 14069
PHILADELPHIA SUBN CORP COM PAR COM 718009608 119 5257
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PHILADELPHIA SUBN CORP COM PAR COM 718009608 373 16448
SH SHARE 16448
PHILIP MORRIS COMPANIES INC COM 718154107 151 4300
SH SHARE 01 4300
PHILIP MORRIS COMPANIES INC COM 718154107 1291 36702
SH SHARE 02 36702
PHILIP MORRIS COMPANIES INC COM 718154107 1861 52887
SH SHARE 52887
PREMARK INTL INC COM COM 740459102 20 600
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PREMARK INTL INC COM COM 740459102 5824 176815
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PRIME BANCORP INC COM 741914105 249 10000
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PRIME BANCORP INC COM 741914105 59 2380
SH SHARE 2380
PROCTER & GAMBLE CO COM COM 742718109 2909 29700
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PROCTER & GAMBLE CO COM COM 742718109 2925 29871
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PROCTER & GAMBLE CO COM COM 742718109 1943 19835
SH SHARE 19835
PROGRESSIVE CORP OHIO COM 743315103 258 1800
SH SHARE 1800
PROPHET 21 INC COM 743459109 121 11300
SH SHARE 11300
PROVIDENCE ENERGY CORP COM COM 743832107 1122 61050
SH SHARE 01 61050
PROVIDENT COS INC COM 743862104 275 7950
SH SHARE 01 7950
PUBLIC SVC CO N MEX COM COM 744499104 238 14000
SH SHARE 01 14000
PYRO TECHNOLOGY CORP COM 747247104 0 10000
SH SHARE 10000
QUAKER CHEMICAL CORP COM 747316107 226 15989
SH SHARE 15989
QWEST COMMUNICATIONS INTL INC COM 749121109 4823 66900
SH SHARE 01 66900
QWEST TRENDS TRUSR PFD 144A COM 74912L105 1634 25000
SH SHARE 01 25000
RALCORP HLDGS INC NEW COM 751028101 728 38320
SH SHARE 02 38320
RARE MEDIUM GROUP INC COM 75382N109 73 15400
SH SHARE 15400
RAYONIER INC COM COM 754907103 5058 126243
SH SHARE 02 126243
RAYTHEON CO CL B COM 755111408 677 11555
SH SHARE 02 11555
RAYTHEON CO CL B COM 755111408 94 1600
SH SHARE 1600
RELIASTAR FINL CORP COM 75952U103 4884 114580
SH SHARE 02 114580
RESOURCE AMERICA INC A COM 761195205 95 10960
SH SHARE 10960
ROHM & HAAS CO COM COM 775371107 81 2400
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ROHM & HAAS CO COM COM 775371107 4394 130911
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ROHM & HAAS CO COM COM 775371107 20 600
SH SHARE 600
ROSS STORES INC COM 778296103 2642 60295
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ROSS STORES INC COM 778296103 105 2400
SH SHARE 2400
ROYAL DUTCH PETROLEUM F PFD 780257804 487 9360
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ROYAL DUTCH PETROLEUM F PFD 780257804 397 7630
SH SHARE 7630
SBC COMMUNICATIONS COM 78387G103 3979 84357
SH SHARE 01 84357
SBC COMMUNICATIONS COM 78387G103 426 9029
SH SHARE 02 9029
SBC COMMUNICATIONS COM 78387G103 779 16518
SH SHARE 16518
SPDR TR UNIT SER 1 COM 78462F103 1686 13135
SH SHARE 02 13135
SAFEGUARD SCIENTIFICS INC COM COM 786449108 54 800
SH SHARE 01 800
SAFEGUARD SCIENTIFICS INC COM COM 786449108 149 2200
SH SHARE 2200
SAFEWAY INC CO NEW COM 786514208 8597 167536
SH SHARE 01 167536
SAFEWAY INC CO NEW COM 786514208 357 6950
SH SHARE 6950
ST PAUL COS INC COM COM 792860108 78 2508
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ST PAUL COS INC COM COM 792860108 326 10500
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ST PAUL COS INC COM COM 792860108 16 511
SH SHARE 511
SARA LEE CORP COM 803111103 135 5466
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SARA LEE CORP COM 803111103 124 5000
SH SHARE 5000
SCHERING PLOUGH CORP COM 806605101 7588 137260
SH SHARE 01 137260
SCHERING PLOUGH CORP COM 806605101 1503 27210
SH SHARE 02 27210
SCHERING PLOUGH CORP COM 806605101 497 8998
SH SHARE 8998
SCHLUMBERGER LTD COM COM 806857108 2572 42725
SH SHARE 01 42725
SCHLUMBERGER LTD COM COM 806857108 247 4100
SH SHARE 4100
SCHULTZ SAV O STORES INC COM COM 808196109 553 33800
SH SHARE 01 33800
SCHWAB CHARLES CORP NEW COM 808513105 481 5000
SH SHARE 5000
SCORE BOARD INC NEW COM 809173206 0 28003
SH SHARE 28003
SEARS ROEBUCK & CO COM COM 812387108 59 1300
SH SHARE 01 1300
SEARS ROEBUCK & CO COM COM 812387108 495 10953
SH SHARE 02 10953
SEARS ROEBUCK & CO COM COM 812387108 866 19169
SH SHARE 19169
SENECA FOODS CORP CL B COM 817070105 870 80950
SH SHARE 01 80950
SENECA FOODS CORP NEW CL A COM 817070501 868 80750
SH SHARE 01 80750
SEPRACOR INC COM COM 817315104 337 3000
SH SHARE 01 3000
SHARED MEDICAL SYS CORP COM 819486101 2729 49005
SH SHARE 49005
SHELL TRANS & TRADING PLC COM 822703609 425 10450
SH SHARE 01 10450
SIERRA PAC RES COM 826425100 652 18530
SH SHARE 02 18530
SIMEX INC NEW F COM 828916106 0 29644
SH SHARE 29644
SMITH INVT CO COM COM 832118103 1453 33200
SH SHARE 01 33200
SMITHKLINE BEECHAM PLC F COM 832378301 470 6570
SH SHARE 02 6570
SMITHKLINE BEECHAM PLC F COM 832378301 2982 41706
SH SHARE 41706
SOLECTRON CORP COM 834182107 427 8800
SH SHARE 8800
SOUTHTRUST CORP COM 844730101 1115 29886
SH SHARE 02 29886
SOVEREIGN BANCORP COM COM 845905108 843 68840
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SOVEREIGN BANCORP COM COM 845905108 348 28375
SH SHARE 28375
SPRINT CORP COM 852061100 778 7933
SH SHARE 01 7933
SPRINT CORP COM 852061100 246 2502
SH SHARE 2502
SPRINT CORP PCS SER 1 COM 852061506 187 4224
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SPRINT CORP PCS SER 1 COM 852061506 44 986
SH SHARE 986
STANSBURY HLDGS CORP COM 854726205 6 18950
SH SHARE 18950
STAPLES COM 855030102 11251 342234
SH SHARE 01 342234
STAPLES COM 855030102 42 1287
SH SHARE 1287
STERLING COMM INC COM 859205106 2115 68777
SH SHARE 01 68777
STERLING SOFTWARE INC COM 859547101 1626 68445
SH SHARE 02 68445
STORAGE TECHNOLOGY NEW WARRANTS 862111200 4745 170217
SH SHARE 02 170217
STORAGE TECHNOLOGY NEW WARRANTS 862111200 2 60
SH SHARE 60
SUMMIT BANCORP COM 866005101 88 2250
SH SHARE 01 2250
SUMMIT BANCORP COM 866005101 511 13105
SH SHARE 13105
SUN MICROSYSTEMS INC COM 866810104 3994 31935
SH SHARE 01 31935
SUN MICROSYSTEMS INC COM 866810104 366 2930
SH SHARE 2930
SUNGARD DATA SYS INC COM COM 867363103 39 975
SH SHARE 01 975
SUNGARD DATA SYS INC COM COM 867363103 280 7000
SH SHARE 7000
SUNOCO INC COM 86764P109 2350 65164
SH SHARE 01 65164
SUPERVALU INC COMMON COM 868536103 223 10790
SH SHARE 02 10790
SYMBOL TECHNOLOGIES INC COM COM 871508107 891 19800
SH SHARE 01 19800
SYNBIOTICS COM 871566105 63 17804
SH SHARE 17804
SYSTEMS & COMPUTER TECH WARRANTS 871873105 399 39850
SH SHARE 39850
TGC INDS INC SER C PFD WARRANTS 872417209 41 25000
SH SHARE 25000
TJX COS INC COM 872540109 9205 270725
SH SHARE 01 270725
TJX COS INC COM 872540109 908 26693
SH SHARE 02 26693
TEAMSTAFF INC WARRANTS 87815U105 46 45550
SH SHARE 45550
TELEFLEX INC COM COM 879369106 14 400
SH SHARE 01 400
TELEFLEX INC COM COM 879369106 715 20980
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TELLABS INC COM COM 879664100 217 2225
SH SHARE 01 2225
TELVUE CORP COM COM 87970K108 1 15000
SH SHARE 01 15000
TEMTEX IND INC 12/72 NEW WARRANTS 880236203 41 14700
SH SHARE 14700
TEXACO INC COM COM 881694103 1074 18929
SH SHARE 01 18929
TEXACO INC COM COM 881694103 450 7931
SH SHARE 02 7931
TEXACO INC COM COM 881694103 66 1162
SH SHARE 1162
TEXAS INSTRUMENTS COM 882508104 6992 70450
SH SHARE 01 70450
TEXAS INSTRUMENTS COM 882508104 226 2275
SH SHARE 2275
TEXTRON INC COM COM 883203101 146 1888
SH SHARE 01 1888
TEXTRON INC COM COM 883203101 2869 37078
SH SHARE 02 37078
THERMO ELECTRON CORP COM COM 883556102 139 10248
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THERMO ELECTRON CORP COM COM 883556102 27 2000
SH SHARE 2000
THORATEC LABS CORP COM COM 885175307 89 12000
SH SHARE 01 12000
TIME WARNER, INC COM 887315109 15788 222964
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TIME WARNER, INC COM 887315109 348 4920
SH SHARE 4920
TRANSMEDIA EUROPE INC WARRANTS 893764100 12 15000
SH SHARE 15000
TRANSMEDIA ASIA PACIFIC WARRANTS 89376P103 71 75200
SH SHARE 75200
TRANSPORTACION MARITIMA MEXICA COM 893868208 143 24000
SH SHARE 01 24000
TRIBUNE COMPANY COMMON COM 896047107 214 3267
SH SHARE 01 3267
TRIGON HEALTHCARE INC COM 89618L100 570 16640
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TRILOGY RESOURCES CORP COM 896195302 0 33733
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TYCO INTL LTD COM 902124106 5130 71501
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TYCO INTL LTD COM 902124106 377 5250
SH SHARE 5250
US BANCORP DEL COM 902973106 323 9475
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UNUM CORP COM 903192102 388 8150
SH SHARE 02 8150
USA TECHNOLOGIES INC COM 90328S104 3 20000
SH SHARE 01 20000
U S X-US STEEL GROUP WARRANTS 90337T101 369 15700
SH SHARE 15700
UNILEVER NV N Y SHS F WARRANTS 904784501 286 4300
SH SHARE 02 4300
UNILEVER NV N Y SHS F WARRANTS 904784501 66 1000
SH SHARE 1000
UNION CARBIDE CORP NEW COM COM 905581104 14 300
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UNION CARBIDE CORP NEW COM COM 905581104 268 5935
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UNION CARBIDE CORP NEW COM COM 905581104 2091 46267
SH SHARE 46267
UNION PAC RES GROUP INC COM 907834105 20 1692
SH SHARE 01 1692
UNION PAC RES GROUP INC COM 907834105 159 13400
SH SHARE 13400
UNIONBANCAL CORP WARRANTS 908906100 611 17930
SH SHARE 02 17930
UNIONBANCAL CORP WARRANTS 908906100 36 1056
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USBANCORP INC PA COM COM 909911109 1274 87111
SH SHARE 01 87111
UNITED STATIONERS INC WARRANTS 913004107 933 61150
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UNITED TECHNOLOGIES CORP COM COM 913017109 3052 22535
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UNITED TECHNOLOGIES CORP COM COM 913017109 316 2330
SH SHARE 2330
UTD WATER RESOURCES INC WARRANTS 913190104 368 17750
SH SHARE 17750
UNITRIN INC COM 913275103 1962 62782
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UNITRIN INC COM 913275103 6 200
SH SHARE 200
UNIVERSAL FOODS CORP COM 913538104 733 35545
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V F CORP COM COM 918204108 67 1404
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V F CORP COM COM 918204108 2081 43800
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VALLEY FORGE SCIENTIFIC WARRANTS 919656108 25 10000
SH SHARE 10000
VERTEL CORP WARRANTS 924907108 15 10000
SH SHARE 10000
VIDAMED, INC. COM 926530106 137 47577
SH SHARE 47577
VILLAGE SUPER MKT INC CL A COM 927107409 463 32800
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VIRAGEN INC WARRANTS 927638106 36 72125
SH SHARE 72125
VIROPHARMA INC COM COM 928241108 142 22500
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VITESSE SEMICONDUCTOR CORP COM 928497106 5948 117525
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VULCAN MATERIALS CO COM 929160109 5051 122271
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WAL MART STORES COM 931142103 6903 74878
SH SHARE 01 74878
WAL MART STORES COM 931142103 374 4060
SH SHARE 02 4060
WAL MART STORES COM 931142103 104 1125
SH SHARE 1125
WARNER LAMBERT CO COM COM 934488107 3028 45710
SH SHARE 01 45710
WARNER LAMBERT CO COM COM 934488107 897 13541
SH SHARE 13541
WASTE MGMT INC DEL COM 94106K101 663 14932
SH SHARE 01 14932
WELLS FARGO & CO NEW COM 949746101 361 10300
SH SHARE 01 10300
WELLS FARGO & CO NEW COM 949746101 206 5880
SH SHARE 02 5880
WELLS FARGO & CO NEW COM 949746101 11 325
SH SHARE 325
WESTERN COPPER HLDGS LTD COM 958055105 11 10100
SH SHARE 01 10100
WILLIAMS COMPANIES INC (DEL) C COM 969457100 3731 94445
SH SHARE 01 94445
WILLIAMS COMPANIES INC (DEL) C COM 969457100 461 11674
SH SHARE 02 11674
WILLIAMS COMPANIES INC (DEL) C COM 969457100 158 4000
SH SHARE 4000
WOODWARD GOVERNOR CO COM COM 980745103 1626 65024
SH SHARE 01 65024
WORK RECOVERY INC NEW WARRANTS 981370307 0 59519
SH SHARE 59519
WRIGLEY WM JR CO COM 982526105 27 300
SH SHARE 01 300
WRIGLEY WM JR CO COM 982526105 460 5082
SH SHARE 5082
XEROX CORP COM COM 984121103 1436 27552
SH SHARE 01 27552
XEROX CORP COM COM 984121103 2439 46790
SH SHARE 02 46790
XEROX CORP COM COM 984121103 386 7400
SH SHARE 7400
YAHOO INC COM 984332106 5 32
SH SHARE 01 32
YAHOO INC COM 984332106 707 4200
SH SHARE 4200
ZEPHYR ASSOC INC COM 98943F100 0 100000
SH SHARE 01 100000
ZIONS BANCORP COM 989701107 352 5300
SH SHARE 02 5300
ACE LTD ORD COM G0070K103 1490 47760
SH SHARE 02 47760
TOMMY HILFIGER CORP O COM G8915Z102 669 9710
SH SHARE 02 9710
ROYAL CARIBBEAN CRUIS COM V7780T103 913 23410
SH SHARE 02 23410
</TABLE>
