UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 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 December 31, 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: 694
Form 13F Information Table Value Total: $1,155,200,424
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
- ----------------------------- -------------- --------- -------- --------
- --- ----- -------
</TABLE>
<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
- ----------------------------- -------------- --------- -------- --------
- --- ----- ------- --------- -------- -------- -----
MUTUAL SHARES FUND CL COM 0 274 13412
SH SHARE 02 13412
ACSYS INC COM 00087X103 40 23500
SH SHARE 23500
A T & T CORP COM COM 001957109 4393 86453
SH SHARE 01 86453
A T & T CORP COM COM 001957109 3280 64548
SH SHARE 02 64548
A T & T CORP COM COM 001957109 2709 53319
SH SHARE 53319
AXA FINANCIAL INC COM 002451102 2676 78720
SH SHARE 02 78720
AXA FINANCIAL INC COM 002451102 17 500
SH SHARE 500
ABBOTT LABS COM COM 002824100 2111 58148
SH SHARE 01 58148
ABBOTT LABS COM COM 002824100 1199 33020
SH SHARE 02 33020
ABBOTT LABS COM COM 002824100 236 6500
SH SHARE 6500
ADELPHIA COMMUNICATIONS CORP C COM 006848105 368 5600
SH SHARE 01 5600
ADOBE SYSTEMS INC COM 00724F101 202 3000
SH SHARE 3000
ADC TELECOMMUNICATION COM 00886101 1359 18730
SH SHARE 02 18730
AIR PRODS & CHEMS INC COM COM 009158106 134 4000
SH SHARE 01 4000
AIR PRODS & CHEMS INC COM COM 009158106 101 3020
SH SHARE 3020
ALCOA INC COM 013817101 257 3100
SH SHARE 01 3100
ALCOA INC COM 013817101 548 6600
SH SHARE 02 6600
ALCOA INC COM 013817101 3 32
SH SHARE 32
ALCATEL SPONS ADR F COM 013904305 585 13000
SH SHARE 13000
AK STL HLDG CORP COM COM 015471088 473 25080
SH SHARE 02 25080
ALLERGAN INC COM COM 018490102 289 5800
SH SHARE 01 5800
ALLERGAN INC COM COM 018490102 10 200
SH SHARE 200
ALLSTATE CORP COM 020002101 111 4598
SH SHARE 01 4598
ALLSTATE CORP COM 020002101 370 15359
SH SHARE 02 15359
ALLSTATE CORP COM 020002101 339 14104
SH SHARE 14104
ALLTEL CORP (DEL) COM 020039103 370 4480
SH SHARE 01 4480
ALLTEL CORP (DEL) COM 020039103 234 2830
SH SHARE 02 2830
ALLTEL CORP (DEL) COM 020039103 130 1570
SH SHARE 1570
AMBAC INC COM COM 023139108 600 11490
SH SHARE 02 11490
AMERADA HESS CORP COM COM 023551104 11 200
SH SHARE 01 200
AMERADA HESS CORP COM COM 023551104 227 4000
SH SHARE 02 4000
AMERICA ONLINE INC DEL COM 02364J104 3539 46645
SH SHARE 01 46645
AMERICA ONLINE INC DEL COM 02364J104 2802 36923
SH SHARE 36923
AMER COUNTRY HLDGS COM 025278102 21 26000
SH SHARE 26000
AMERICAN EXPRESS COM 025816109 3300 19851
SH SHARE 01 19851
AMERICAN EXPRESS COM 025816109 304 1828
SH SHARE 1828
AMERICAN GENERAL CORP COM 026351106 2462 32453
SH SHARE 02 32453
AMERICAN GENERAL CORP COM 026351106 30 400
SH SHARE 400
AMERICAN HOME PRODS CORP COM COM 026609107 730 18611
SH SHARE 01 18611
AMERICAN HOME PRODS CORP COM COM 026609107 1144 29148
SH SHARE 02 29148
AMERICAN HOME PRODS CORP COM COM 026609107 996 25378
SH SHARE 25378
AMERICAN INTL GRP COM 026874107 16826 155616
SH SHARE 01 155616
AMERICAN INTL GRP COM 026874107 4633 42849
SH SHARE 02 42849
AMERICAN INTL GRP COM 026874107 835 7725
SH SHARE 7725
AMERICAN TOWER CORP COM 029912201 382 12485
SH SHARE 12485
AMGEN INC. COM 031162100 9741 162225
SH SHARE 01 162225
AMGEN INC. COM 031162100 541 9000
SH SHARE 9000
AMPLIDYNE INC COM 032103103 92 16500
SH SHARE 16500
AON CORP COM 037389103 216 5399
SH SHARE 02 5399
APCO ARGENTINA INC CAYMAN IS O COM 037489101 5172 169565
SH SHARE 01 169565
APPLIED MATERIALS INC COM 038222105 10261 81000
SH SHARE 01 81000
APPLIED MATERIALS INC COM 038222105 494 3900
SH SHARE 02 3900
APPLIED MATERIALS INC COM 038222105 32 250
SH SHARE 250
ARIBA INC COM 04033V104 1809 10200
SH SHARE 01 10200
ARVIN INDS INC COM COM 043339100 228 8025
SH SHARE 02 8025
AT HOME CORP COM 045919107 117 2740
SH SHARE 01 2740
AT HOME CORP COM 045919107 347 8100
SH SHARE 8100
ATLANTIC RICHFIELD CO COM COM 048825103 894 10334
SH SHARE 01 10334
ATLANTIC RICHFIELD CO COM COM 048825103 225 2600
SH SHARE 2600
AUTOMATIC DATA PROCESSING COM 053015103 7505 139312
SH SHARE 01 139312
AUTOMATIC DATA PROCESSING COM 053015103 61 1135
SH SHARE 1135
AVERY DENNISON CORP COM 053611109 106 1450
SH SHARE 01 1450
AVERY DENNISON CORP COM 053611109 214 2940
SH SHARE 2940
BJS WHSL CLUB INC COM COM 05548J106 3900 106850
SH SHARE 02 106850
BP AMOCO PLC SPONS ADR F COM 055622104 4415 74439
SH SHARE 02 74439
BP AMOCO PLC SPONS ADR F COM 055622104 444 7480
SH SHARE 7480
BMC SOFTWARE INC COM COM 055921100 46 570
SH SHARE 01 570
BMC SOFTWARE INC COM COM 055921100 492 6150
SH SHARE 6150
BANGOR HYDRO ELEC CO COM COM 060077104 2249 136832
SH SHARE 01 136832
BANK OF AMERICA CORP COM 060505104 89 1780
SH SHARE 01 1780
BANK OF AMERICA CORP COM 060505104 701 13971
SH SHARE 02 13971
BANK OF AMERICA CORP COM 060505104 89 1769
SH SHARE 1769
BANK ONE CORP COM 06423A103 55 1725
SH SHARE 01 1725
BANK ONE CORP COM 06423A103 266 8312
SH SHARE 02 8312
BANK ONE CORP COM 06423A103 86 2677
SH SHARE 2677
BANYAN SYSTEMS INC PFD 066908104 424 21200
SH SHARE 21200
BAXTER INTL INC COM 071813109 238 3785
SH SHARE 3785
BEAR STEARNS CO INC COM 073902108 2977 69634
SH SHARE 69634
BECTON DICKINSON & CO COM COM 075887109 129 4800
SH SHARE 01 4800
BECTON DICKINSON & CO COM COM 075887109 258 9560
SH SHARE 02 9560
BECTON DICKINSON & CO COM COM 075887109 40 1500
SH SHARE 1500
BELL ATLANTIC CORP COM COM 077853109 4492 72971
SH SHARE 01 72971
BELL ATLANTIC CORP COM COM 077853109 1119 18170
SH SHARE 02 18170
BELL ATLANTIC CORP COM COM 077853109 1004 16310
SH SHARE 16310
BELLSOUTH CORP COM COM 079860102 1300 27780
SH SHARE 01 27780
BELLSOUTH CORP COM COM 079860102 346 7395
SH SHARE 7395
BERKSHIRE HATHAWAY INC DEL - B COM 084670207 9 5
SH SHARE 01 5
BERKSHIRE HATHAWAY INC DEL - B COM 084670207 249 136
SH SHARE 136
BESTFOODS COM 08658U101 139 2650
SH SHARE 01 2650
BESTFOODS COM 08658U101 323 6140
SH SHARE 02 6140
BESTFOODS COM 08658U101 84 1600
SH SHARE 1600
BIOGEN INC COM 090597105 174 2055
SH SHARE 01 2055
BIOGEN INC COM 090597105 389 4600
SH SHARE 02 4600
BITWISE DESIGNS INC COM 091747105 183 11000
SH SHARE 11000
BLACK & DECKER CORP COM 091797100 21 400
SH SHARE 01 400
BLACK & DECKER CORP COM 091797100 3256 62315
SH SHARE 02 62315
BLACK & DECKER CORP COM 091797100 119 2283
SH SHARE 2283
BLACKROCK TARGET TERM COM 092476100 101 10500
SH SHARE 10500
BLACKROCK INVESTMENT COM 09247J102 79 10000
SH SHARE 10000
BLACKROCK STRATEGIC COM 09247P108 88 10000
SH SHARE 10000
BOEING CO COM 097023105 616 14862
SH SHARE 02 14862
BOEING CO COM 097023105 1899 45819
SH SHARE 45819
BRESLER & REINER INC COM COM 107336109 363 13700
SH SHARE 01 13700
BRISTOL MEYERS COM 110122108 6227 97005
SH SHARE 01 97005
BRISTOL MEYERS COM 110122108 1116 17385
SH SHARE 02 17385
BRISTOL MEYERS COM 110122108 1481 23071
SH SHARE 23071
BROADCOM CORP-CL A COM 111320107 4222 15500
SH SHARE 01 15500
BROADWING INC COM 111620100 348 9441
SH SHARE 9441
BROCADE COMMUNICATIONS SYSTEMS COM 111621108 1044 5900
SH SHARE 01 5900
CECO ENVIRONMENTAL CORP COM COM 125141101 50 20000
SH SHARE 01 20000
CIGNA CORP COM COM 125509109 626 7770
SH SHARE 01 7770
CIGNA CORP COM COM 125509109 2826 35083
SH SHARE 02 35083
CIGNA CORP COM COM 125509109 124 1537
SH SHARE 1537
CMP GROUP INC COM COM 125820100 248 9000
SH SHARE 01 9000
CVS COM 126645209 1674 23500
SH SHARE 01 23500
CVS CORP COM 126650100 2165 54305
SH SHARE 01 54305
CVS CORP COM 126650100 614 15400
SH SHARE 15400
CABLE & CO WORLDWIDE INC COM 126827104 0 31500
SH SHARE 31500
CABOT CORP COM COM 127055101 326 16000
SH SHARE 01 16000
CABOT OIL & GAS CORP CL A COM 127097103 161 10000
SH SHARE 01 10000
CALCASIEU REAL ESTATE&OIL CO C COM 128685203 110 29200
SH SHARE 01 29200
CAMPBELL SOUP CO COM COM 134429109 921 23810
SH SHARE 01 23810
CAMPBELL SOUP CO COM COM 134429109 505 13064
SH SHARE 02 13064
CAMPBELL SOUP CO COM COM 134429109 83 2142
SH SHARE 2142
CAPITAL ONE FINL CORP COM COM 14040H105 213 4425
SH SHARE 01 4425
CAPSTEAD MTG CORP COM COM 14067E100 42 10000
SH SHARE 01 10000
CARNIVAL CORP COM 143658102 233 4875
SH SHARE 01 4875
CARNIVAL CORP COM 143658102 24 505
SH SHARE 505
CASCADE NAT GAS CORP COM COM 147195101 439 27250
SH SHARE 01 27250
CATERPILLAR INC COM COM 149123101 56 1193
SH SHARE 01 1193
CATERPILLAR INC COM COM 149123101 670 14243
SH SHARE 14243
CENTURYTEL, INC COM 156700106 763 16096
SH SHARE 02 16096
CHAMPION INTL CORP COM 158525105 2425 39155
SH SHARE 02 39155
CHAMPION INTL CORP COM 158525105 31 500
SH SHARE 500
CHARTER ONE FINL INC COM COM 160903100 32 1699
SH SHARE 01 1699
CHARTER ONE FINL INC COM COM 160903100 3324 92817
SH SHARE 02 92817
CHASE MANHATTAN CORP NEW COM 161617108 4936 63538
SH SHARE 01 63538
CHASE MANHATTAN CORP COM 16161A108 5827 75000
SH SHARE 01 75000
CHASE MANHATTAN CORP COM 16161A108 3825 49239
SH SHARE 02 49239
CHASE MANHATTAN CORP COM 16161A108 351 4518
SH SHARE 4518
CHASE PACKAGING CORP TX COM 161635107 4 84082
SH SHARE 84082
CHEVRON CORP COM 166751107 531 6128
SH SHARE 01 6128
CHEVRON CORP COM 166751107 816 9421
SH SHARE 02 9421
CHEVRON CORP COM 166751107 846 9765
SH SHARE 9765
CHIRON CORP COM 170040109 17 400
SH SHARE 01 400
CHIRON CORP COM 170040109 449 10600
SH SHARE 02 10600
CHIRON CORP COM 170040109 85 2000
SH SHARE 2000
CHUBB CORP COM COM 171232101 6 100
SH SHARE 01 100
CHUBB CORP COM COM 171232101 802 14250
SH SHARE 14250
CHURCH & DWIGHT INC C COM 171340102 842 31540
SH SHARE 02 31540
CINCINNATI FINL CORP COM 172062101 316 10128
SH SHARE 10128
CISCO SYSTEMS COM 17275R102 28646 267435
SH SHARE 01 267435
CISCO SYSTEMS COM 17275R102 1533 14315
SH SHARE 02 14315
CISCO SYSTEMS COM 17275R102 4251 39681
SH SHARE 39681
CITIZENS & NORTHN CORP COM COM 172922106 353 13057
SH SHARE 01 13057
CITIGROUP COM 172967101 20863 374641
SH SHARE 01 374641
CITIGROUP COM 172967101 3820 68599
SH SHARE 02 68599
CITIGROUP COM 172967101 638 11461
SH SHARE 11461
CITIZENS UTILS CO SER B COM 177342201 198 13936
SH SHARE 13936
CITRIX SYS INC COM 177376100 4758 38685
SH SHARE 01 38685
CLEAN DIESEL TECH INC COM 18449C104 20 11300
SH SHARE 11300
CLEAR CHANNEL COMMUNICATIONS COM 184502102 5847 65510
SH SHARE 01 65510
CLEAR CHANNEL COMMUNICATIONS COM 184502102 9 100
SH SHARE 100
CLOSURE MED CORP COM COM 189093107 224 17395
SH SHARE 01 17395
COASTAL CORP COM 190441105 585 16520
SH SHARE 02 16520
COASTAL CORP COM 190441105 86 2416
SH SHARE 2416
COCA COLA CO COM COM 191216100 1328 22800
SH SHARE 01 22800
COCA COLA CO COM COM 191216100 1101 18900
SH SHARE 02 18900
COCA COLA CO COM COM 191216100 1457 25017
SH SHARE 25017
COLGATE-PALMOLIVE CO COM 194162103 4858 74742
SH SHARE 01 74742
COLGATE-PALMOLIVE CO COM 194162103 783 12040
SH SHARE 02 12040
COLGATE-PALMOLIVE CO COM 194162103 1790 27544
SH SHARE 27544
COLUMBIA ENERGY GROUP COM 197648108 49 775
SH SHARE 01 775
COLUMBIA ENERGY GROUP COM 197648108 2325 36766
SH SHARE 02 36766
COMCAST CORP CL A COM 200300200 10 200
SH SHARE 01 200
COMCAST CORP CL A COM 200300200 597 11810
SH SHARE 11810
COMDISCO INC COM 200336105 1492 40064
SH SHARE 02 40064
COMMERCE BANCORP INC N J COM COM 200519106 17 412
SH SHARE 01 412
COMMERCE BANCORP INC N J COM COM 200519106 186 4592
SH SHARE 4592
COMMERCE BANCSHARES I COM 200525103 234 6895
SH SHARE 02 6895
COMMERCE ONE INC DEL COM 200693109 845 4300
SH SHARE 4300
COMPAQ COMPUTER CORP COM 204493100 365 13474
SH SHARE 01 13474
COMPAQ COMPUTER CORP COM 204493100 2563 94700
SH SHARE 02 94700
COMPAQ COMPUTER CORP COM 204493100 853 31512
SH SHARE 31512
COMPUTER ASSOC INTL I COM 204912109 214 3061
SH SHARE 02 3061
COMPUTER SCIENCES CORP COM COM 205363104 871 9200
SH SHARE 01 9200
COMPUTER SCIENCES CORP COM COM 205363104 13 135
SH SHARE 135
COMVERSE TECHNOLOGY INC PAR $. COM 205862402 825 5700
SH SHARE 01 5700
COMPUTER HORIZONS CORP COM 205908106 251 15525
SH SHARE 15525
CONCORDE CAREER COLLEGES COM 20651H102 86 114000
SH SHARE 114000
CONECTIV INC COM 206829103 123 7307
SH SHARE 01 7307
CONECTIV INC COM 206829103 50 3000
SH SHARE 3000
CONEXANT SYS INC COM 207142100 206 3100
SH SHARE 01 3100
CONEXANT SYS INC COM 207142100 292 4400
SH SHARE 4400
CONSOLIDATED EDISON INC COM 209115104 14 400
SH SHARE 01 400
CONSOLIDATED EDISON INC COM 209115104 260 7550
SH SHARE 02 7550
CONSOLIDATED EDISON INC COM 209115104 28 800
SH SHARE 800
CONSTELLATION ENERGY GROUP INC COM 210371100 283 9758
SH SHARE 01 9758
CONVERGYS CORP COM 212485106 470 15300
SH SHARE 15300
CORNING INC COM 219350105 1805 14000
SH SHARE 01 14000
CORNING INC COM 219350105 306 2371
SH SHARE 2371
CORRECTIONAL SVCS CORP COM 219921103 63 14500
SH SHARE 14500
COTTON STS LIFE & HEALTH INS C COM 221774102 290 33639
SH SHARE 01 33639
COVAD COMMUNICATIONS COM 222814204 224 4000
SH SHARE 4000
DQE COM 23329J104 19 562
SH SHARE 01 562
DQE COM 23329J104 1352 39048
SH SHARE 02 39048
DALLAS SEMICONDUCTOR COM COM 235204104 1382 21450
SH SHARE 01 21450
DATASCOPE CORP COM 238113104 424 10610
SH SHARE 02 10610
DATASCOPE CORP COM 238113104 244 6100
SH SHARE 6100
DAYTON HUDSON CORP COM COM 239753106 51 700
SH SHARE 01 700
DAYTON HUDSON CORP COM COM 239753106 3182 43330
SH SHARE 02 43330
DAYTON HUDSON CORP COM COM 239753106 157 2136
SH SHARE 2136
DEAN FOODS CO COMMON COM 242361103 1684 42360
SH SHARE 02 42360
DEAN FOODS CO COMMON COM 242361103 36 900
SH SHARE 900
DELL COMPUTER CORP COM COM 247025109 1324 25970
SH SHARE 01 25970
DELL COMPUTER CORP COM COM 247025109 1559 30571
SH SHARE 30571
DELPHI AUTOMOTIVE SYS CORP COM 247126105 6 372
SH SHARE 01 372
DELPHI AUTOMOTIVE SYS CORP COM 247126105 920 58422
SH SHARE 02 58422
DELPHI AUTOMOTIVE SYS CORP COM 247126105 12 766
SH SHARE 766
DIAMONDS TR UNIT SER COM 252787106 1586 13765
SH SHARE 02 13765
DISNEY WALT COMPANY NEW COM 254687106 495 16913
SH SHARE 01 16913
DISNEY WALT COMPANY NEW COM 254687106 2202 75287
SH SHARE 75287
DOVER CORP COM 260003108 1207 26605
SH SHARE 01 26605
DOW CHEM CO COM COM 260543103 164 1231
SH SHARE 01 1231
DOW CHEM CO COM COM 260543103 259 1940
SH SHARE 1940
DUPONT COM 263534109 6615 100413
SH SHARE 01 100413
DUPONT COM 263534109 2488 37761
SH SHARE 02 37761
DUPONT COM 263534109 2034 30882
SH SHARE 30882
DUALSTAR TECH CORP COM 263572109 147 19300
SH SHARE 19300
DUKE ENERGY CORP COM 264399106 25 500
SH SHARE 01 500
DUKE ENERGY CORP COM 264399106 276 5501
SH SHARE 02 5501
DUKE ENERGY CORP COM 264399106 47 932
SH SHARE 932
DUKE WEEKS RLTY CORP COM 264411505 1909 97900
SH SHARE 02 97900
DUKE WEEKS RLTY CORP COM 264411505 2 100
SH SHARE 100
EMC CORP COM 268648102 14543 133115
SH SHARE 01 133115
EMC CORP COM 268648102 1832 16771
SH SHARE 16771
EASTMAN KODAK CO COM COM 277461109 22 332
SH SHARE 01 332
EASTMAN KODAK CO COM COM 277461109 1221 18433
SH SHARE 18433
EFFICIENT NETWORKS INC COM 282056100 546 8025
SH SHARE 8025
EL PASO ENERGY CORP DEL COM 283905107 18 462
SH SHARE 01 462
EL PASO ENERGY CORP DEL COM 283905107 663 17090
SH SHARE 02 17090
EL PASO ENERGY CORP DEL COM 283905107 233 6000
SH SHARE 6000
EMERSON ELEC CO COM COM 291011104 258 4500
SH SHARE 01 4500
EMERSON ELEC CO COM COM 291011104 766 13350
SH SHARE 02 13350
EMERSON ELEC CO COM COM 291011104 29 500
SH SHARE 500
EMPIRE LTD CL A COM 291843407 1810 91100
SH SHARE 01 91100
ENERGY EAST CORP COM 29266M109 28 1350
SH SHARE 01 1350
ENERGY EAST CORP COM 29266M109 497 23870
SH SHARE 02 23870
ENERGY EAST CORP COM 29266M109 29 1400
SH SHARE 1400
ENRON CORP COM COM 293561106 67 1500
SH SHARE 01 1500
ENRON CORP COM COM 293561106 251 5648
SH SHARE 02 5648
ENRON CORP COM COM 293561106 337 7598
SH SHARE 7598
EXPEDIA INC COM 302125109 280 8000
SH SHARE 8000
EXXON COM 302290101 13724 170358
SH SHARE 01 170358
EXXON MOBIL CORP COM 30231G102 6601 81937
SH SHARE 02 81937
EXXON MOBIL CORP COM 30231G102 2628 32618
SH SHARE 32618
FACTORY CARD OUTLET CORP COM 303053102 1 10500
SH SHARE 10500
FED HOME LOAN MTG COM COM 313400301 1473 31298
SH SHARE 01 31298
FANNIE MAE COM 313586109 8541 136791
SH SHARE 01 136791
FANNIE MAE COM 313586109 1180 18895
SH SHARE 02 18895
FANNIE MAE COM 313586109 176 2819
SH SHARE 2819
FEDERATED DEPARTMENT COM 31410H101 2678 52970
SH SHARE 02 52970
FINOVA GROUP INC COM 317928109 599 16863
SH SHARE 02 16863
FINOVA GROUP INC COM 317928109 2 60
SH SHARE 60
FIRST UNION CORP COM COM 337358105 1446 43888
SH SHARE 01 43888
FIRST UNION CORP COM COM 337358105 764 23182
SH SHARE 02 23182
FIRST UNION CORP COM COM 337358105 2130 64674
SH SHARE 64674
FLEET BOSTON FINANCIAL CORP COM 339030108 71 2046
SH SHARE 01 2046
FLEET BOSTON FINANCIAL CORP COM 339030108 1019 29282
SH SHARE 29282
FORD MTR CO DEL COM COM 345370100 323 6063
SH SHARE 01 6063
FORD MTR CO DEL COM COM 345370100 684 12830
SH SHARE 02 12830
FORD MTR CO DEL COM COM 345370100 195 3663
SH SHARE 3663
FORTUNE BRANDS INC COM 349631101 66 2000
SH SHARE 01 2000
FORTUNE BRANDS INC COM 349631101 1990 60195
SH SHARE 02 60195
FORTUNE BRANDS INC COM 349631101 20 600
SH SHARE 600
FUEL-TECH N V F COM 359523107 65 29600
SH SHARE 29600
GPU INC COM 36225X100 12 400
SH SHARE 01 400
GPU INC COM 36225X100 964 32410
SH SHARE 02 32410
GPU INC COM 36225X100 97 3256
SH SHARE 3256
G T E CORP COM COM 362320103 1185 16798
SH SHARE 01 16798
G T E CORP COM COM 362320103 902 12780
SH SHARE 02 12780
G T E CORP COM COM 362320103 337 4774
SH SHARE 4774
GANNETT INC COM 364730101 3513 43075
SH SHARE 01 43075
GANNETT INC COM 364730101 434 5320
SH SHARE 5320
GAP INC COM 364760108 123 2675
SH SHARE 01 2675
GAP INC COM 364760108 488 10600
SH SHARE 10600
GATEWAY INC. COM 367626108 5078 70463
SH SHARE 02 70463
GENERAL ELEC CO. COM 369604103 24878 160761
SH SHARE 01 160761
GENERAL ELEC CO. COM 369604103 8144 52627
SH SHARE 02 52627
GENERAL ELEC CO. COM 369604103 5125 33116
SH SHARE 33116
GENERAL INSTRUMENT CORP COM 370120107 6894 81100
SH SHARE 01 81100
GENERAL INSTRUMENT CORP COM 370120107 68 800
SH SHARE 800
GENERAL MTRS CORP COM COM 370442105 206 2834
SH SHARE 01 2834
GENERAL MTRS CORP COM COM 370442105 2887 39714
SH SHARE 02 39714
GENERAL MTRS CORP COM COM 370442105 324 4455
SH SHARE 4455
GENERAL MTRS CORP CL H NEW COM 370442832 376 3917
SH SHARE 01 3917
GENERAL MTRS CORP CL H NEW COM 370442832 288 3003
SH SHARE 3003
GENESEE & WYOMING INC COM 371559105 206 16000
SH SHARE 01 16000
GEORGIA PAC CORP COM COM 373298108 51 1000
SH SHARE 01 1000
GEORGIA PAC CORP COM COM 373298108 368 7260
SH SHARE 02 7260
GEORGIA PAC CORP COM COM 373298108 83 1640
SH SHARE 1640
GILLETTE CO COM COM 375766102 496 12045
SH SHARE 01 12045
GILLETTE CO COM COM 375766102 233 5650
SH SHARE 5650
GRANITE BROADCASTING CRP COM 387241102 246 24300
SH SHARE 24300
GREAT ATLANTIC & PAC COM 390064103 1603 57505
SH SHARE 02 57505
GUIDANT CORP COM COM 401698105 213 4525
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GUIDANT CORP COM COM 401698105 136 2897
SH SHARE 2897
H T E INC COM 403926108 269 44800
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HSB GROUP INC COM COM 40428N109 1660 49090
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HSB GROUP INC COM COM 40428N109 25 750
SH SHARE 750
HA-LO INDS INC COM 404429102 124 16550
SH SHARE 16550
HALLIBURTON CO COM COM 406216101 324 8060
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HALLIBURTON CO COM COM 406216101 2338 58085
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HALLIBURTON CO COM COM 406216101 595 14790
SH SHARE 14790
HARLEY DAVIDSON INC COM COM 412822108 352 5500
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HARLEY DAVIDSON INC COM COM 412822108 311 4860
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HARRIS CORP COM 413875105 317 11880
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HEINZ H J CO COM COM 423074103 225 5663
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HEINZ H J CO COM COM 423074103 74 1860
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HEWLETT PACKARD CO COM COM 428236103 3734 32830
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HEWLETT PACKARD CO COM COM 428236103 4830 42464
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HEWLETT PACKARD CO COM COM 428236103 166652 1465073
SH SHARE 1465073
HOME DEPOT COM 437076102 21160 307781
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HOME DEPOT COM 437076102 2974 43260
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HOME STAKE OIL & GAS CO COM 437356108 83 12139
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HONEYWELL INTL INC COM 438516106 654 11337
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HONEYWELL INTL INC COM 438516106 394 6832
SH SHARE 6832
HOT TOPIC INC COM 441339108 233 10000
SH SHARE 10000
HOUSEHOLD INTL INC COM COM 441815107 848 22775
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HOUSEHOLD INTL INC COM COM 441815107 179 4800
SH SHARE 4800
HUBBELL INC CL B COM 443510201 362 13288
SH SHARE 13288
HUMBOLDT CAP CORPCL B COM 444904205 29 55100
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HUMBOLDT CAP CORP CL A COM 444904304 29 55100
SH SHARE 01 55100
ILLINOIS TOOL WKS INC COM 452308109 159 2349
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ILLINOIS TOOL WKS INC COM 452308109 425 6286
SH SHARE 02 6286
ILLINOIS TOOL WKS INC COM 452308109 17 245
SH SHARE 245
IMAGEMAX INC PFD 45245V101 39 27325
SH SHARE 27325
IMCLONE SYSTEMS INC COM 45245W109 336 8470
SH SHARE 8470
INGERSOLL-RAND COMPANY COM 456866102 2535 46035
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INGERSOLL-RAND COMPANY COM 456866102 110 2000
SH SHARE 2000
INTEL CORP COM 458140100 8154 99065
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INTEL CORP COM 458140100 4143 50330
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INTEL CORP COM 458140100 3467 42125
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INTELIDATA TECHNOLOGIES CORP C COM 45814T107 8 2000
SH SHARE 01 2000
INTELIDATA TECHNOLOGIES CORP C COM 45814T107 42 10000
SH SHARE 10000
INTERNATIONAL BUSINESS COM 459200101 13147 121876
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INTERNATIONAL BUSINESS COM 459200101 2541 23554
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INTERNATIONAL BUSINESS COM 459200101 1989 18442
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INTERNATIONAL PAPER CO COM COM 460146103 216 3830
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INTERNATIONAL PAPER CO COM COM 460146103 1851 32798
SH SHARE 32798
INTL SHIPHOLDING CRP COM NEW COM 460321201 1334 114760
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INTERNET CAP GROUP INC COM 46059C106 800 4705
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INTERNET CAP GROUP INC COM 46059C106 100 590
SH SHARE 590
INTERTRUST TECHNOLOGIES COM 46113Q109 765 6500
SH SHARE 6500
J P M CO COM 465933109 128 16201
SH SHARE 16201
JDS UNIPHASE CORP COM 46612J101 1613 10000
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JDS UNIPHASE CORP COM 46612J101 32 200
SH SHARE 200
JLG INDS INC COM 466210101 397 24900
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JLG INDS INC COM 466210101 51 3200
SH SHARE 3200
JAN BELL MARKETING INC COM 470760109 42 14600
SH SHARE 14600
JEFFERSON PILOT CORP COM 475070108 718 10517
SH SHARE 02 10517
JOHNSON & JOHNSON COM 478160104 11606 124462
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JOHNSON & JOHNSON COM 478160104 3097 33212
SH SHARE 02 33212
JOHNSON & JOHNSON COM 478160104 1378 14774
SH SHARE 14774
JOHNSON CONTROLS COM 478366107 784 13780
SH SHARE 02 13780
JONES APPAREL GROUP I COM 480074103 486 17900
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JOS A BANK CLOTHIERS INC COM 480838101 42 14000
SH SHARE 14000
JUNIPER NETWORKS INC COM 481905405 1700 5000
SH SHARE 01 5000
KCS ENERGY INC NEW COM 482434206 28 34900
SH SHARE 34900
K MART CORPORATION COM 482584109 252 25000
SH SHARE 25000
KANSAS CITY LIFE INS CO COM COM 484836101 506 15000
SH SHARE 01 15000
KANSAS CITY SOUTHN INDS INC COM 485170104 3104 41590
SH SHARE 01 41590
KANSAS CITY SOUTHN INDS INC COM 485170104 157 2100
SH SHARE 2100
KERR MCGEE CORP COM 492386107 386 6228
SH SHARE 01 6228
KIMBERLY CLARK CORP COM COM 494368103 3556 54340
SH SHARE 01 54340
KIMBERLY CLARK CORP COM COM 494368103 177 2710
SH SHARE 2710
KNIGHT RIDDER COM 499040103 2717 45620
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KONINKLIJKE PHILIPS F COM 500472204 227 1684
SH SHARE 1684
LTV CORP NEW COM 501921100 41 10000
SH SHARE 10000
LAFARGE CORP COM 505862102 553 20020
SH SHARE 02 20020
LANIER WORLDWIDE INC COM 51589L105 46 11880
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LEAR CORP COM COM 521865105 405 12670
SH SHARE 02 12670
LEHMAN BROS HLDG INC COM 524908100 373 4400
SH SHARE 02 4400
LEHMAN BROS HLDG INC COM 524908100 113 1332
SH SHARE 1332
LEXMARK INTL GRP CL A COM 529771107 710 7850
SH SHARE 02 7850
LEXMARK INTL GRP CL A COM 529771107 579 6400
SH SHARE 6400
LIBERTY PROPERTY TRUST PFD 531172104 791 31955
SH SHARE 02 31955
LIBERTY PROPERTY TRUST PFD 531172104 40 1600
SH SHARE 1600
LILLY ELI & CO COM COM 532457108 399 6001
SH SHARE 01 6001
LILLY ELI & CO COM COM 532457108 792 11915
SH SHARE 02 11915
LILLY ELI & CO COM COM 532457108 219 3288
SH SHARE 3288
LINCOLN NATL CORP IND COM 534187109 346 8660
SH SHARE 02 8660
LINCOLN NATL CORP IND COM 534187109 128 3200
SH SHARE 3200
LOWES COMPANIES INC COM 548661107 249 4175
SH SHARE 02 4175
LOWES COMPANIES INC COM 548661107 18 300
SH SHARE 300
LUCENT TECHNOLOGIES COM 549463107 17489 233191
SH SHARE 01 233191
LUCENT TECHNOLOGIES COM 549463107 730 9737
SH SHARE 02 9737
LUCENT TECHNOLOGIES COM 549463107 2037 27158
SH SHARE 27158
MBNA CORP COM 55262L100 8409 308591
SH SHARE 01 308591
MBNA CORP COM 55262L100 1 50
SH SHARE 50
MCI WORLDCOM INC COM 55268B106 20568 387702
SH SHARE 01 387702
MCI WORLDCOM INC COM 55268B106 1187 22361
SH SHARE 22361
MARITRANS INC COM 570363101 1222 227300
SH SHARE 01 227300
MARSH & MCLENNAN COS INC COM 571748102 1765 18450
SH SHARE 01 18450
MARSH & MCLENNAN COS INC COM 571748102 1123 11740
SH SHARE 02 11740
MARSH & MCLENNAN COS INC COM 571748102 437 4569
SH SHARE 4569
MAXAM GOLD CORP COM 57772F102 28 200000
SH SHARE 01 200000
MCDONALDS CORP COM 580135101 4007 99390
SH SHARE 01 99390
MCDONALDS CORP COM 580135101 745 18480
SH SHARE 02 18480
MCDONALDS CORP COM 580135101 840 20831
SH SHARE 20831
MCGRAW-HILL COS INC COM COM 580645109 832 13500
SH SHARE 01 13500
MCGRAW-HILL COS INC COM COM 580645109 74 1200
SH SHARE 1200
MEDIAONE GROUP INC COM 58440J104 47 608
SH SHARE 01 608
MEDIAONE GROUP INC COM 58440J104 486 6321
SH SHARE 6321
MEDTRONIC INC COM COM 585055106 4001 109800
SH SHARE 01 109800
MEDTRONIC INC COM COM 585055106 455 12480
SH SHARE 02 12480
MEDTRONIC INC COM COM 585055106 122 3355
SH SHARE 3355
MELLON FINL CORP COM 58551A108 539 15816
SH SHARE 02 15816
MELLON FINL CORP COM 58551A108 135 3950
SH SHARE 3950
MERCK & CO., INC. COM 589331107 19587 291520
SH SHARE 01 291520
MERCK & CO., INC. COM 589331107 2007 29875
SH SHARE 02 29875
MERCK & CO., INC. COM 589331107 3263 48573
SH SHARE 48573
MERCURY INTERACTIVE CORP COM 589405109 367 3400
SH SHARE 3400
MEREDITH CORP COM 589433101 1175 28175
SH SHARE 28175
MERIDIAN INS GROUP INC COM COM 589601103 1556 111167
SH SHARE 01 111167
MERIDIAN RES CORP COM 58977Q109 103 33700
SH SHARE 33700
METRICOM INC COM 591596101 735 9350
SH SHARE 9350
MICROSOFT CORP. COM 594918104 30387 260294
SH SHARE 01 260294
MICROSOFT CORP. COM 594918104 1319 11300
SH SHARE 02 11300
MICROSOFT CORP. COM 594918104 3613 30943
SH SHARE 30943
MIDCAP SPDR TR UNIT S COM 595635103 569 7008
SH SHARE 02 7008
MINNESOTA MNG & MFG CO COM COM 604059105 313 3200
SH SHARE 01 3200
MINNESOTA MNG & MFG CO COM COM 604059105 341 3485
SH SHARE 02 3485
MINNESOTA MNG & MFG CO COM COM 604059105 1699 17355
SH SHARE 17355
MINNESOTA PWR INC COM COM 604110106 148 8730
SH SHARE 01 8730
MINNESOTA PWR INC COM COM 604110106 198 11700
SH SHARE 11700
MOBIL CORP COM 607059102 239 2300
SH SHARE 01 2300
MOBIL CORP COM 607059102 177 1696
SH SHARE 1696
MODIS PRO SVCS INC COM 607830106 695 48780
SH SHARE 02 48780
MODIS PRO SVCS INC COM 607830106 0 0
SH SHARE 0
MONSANTO CO COM COM 611662107 223 6284
SH SHARE 01 6284
MONSANTO CO COM COM 611662107 231 6521
SH SHARE 6521
MORGAN J P & CO INC COM COM 616880100 429 3390
SH SHARE 01 3390
MORGAN J P & CO INC COM COM 616880100 312 2467
SH SHARE 02 2467
MORGAN J P & CO INC COM COM 616880100 1204 9512
SH SHARE 9512
MORGAN STANLEY DEAN WITTER & C COM 617446448 1280 8968
SH SHARE 01 8968
MORGAN STANLEY DEAN WITTER & C COM 617446448 4577 32065
SH SHARE 02 32065
MORGAN STANLEY DEAN WITTER & C COM 617446448 3 20
SH SHARE 20
MOTHERS WORK INC COM 619903107 1711 147186
SH SHARE 147186
MOTOROLA INC. COM 620076109 8665 58845
SH SHARE 01 58845
MOTOROLA INC. COM 620076109 870 5910
SH SHARE 5910
NCO GROUP INC COM 628858102 2 50
SH SHARE 01 50
NCO GROUP INC COM 628858102 410 13600
SH SHARE 13600
NCR CORP NEW COM 62886E108 743 19607
SH SHARE 02 19607
NCR CORP NEW COM 62886E108 8 209
SH SHARE 209
NAHDREE GROUP LTD COM 629798109 1 20000
SH SHARE 20000
NAMIBIAN MINERALS CORP F COM 629913104 162 26500
SH SHARE 26500
NASDAQ 100 TR UNIT SE COM 631100104 1832 10025
SH SHARE 02 10025
NATIONAL CITY CORP COM COM 635405103 913 38540
SH SHARE 01 38540
NATIONAL CITY CORP COM COM 635405103 166 7000
SH SHARE 7000
NATIONAL PPTYS CORP COM COM 637252107 201 5548
SH SHARE 01 5548
NAXOS RES LTD F COM 63934H101 3 30000
SH SHARE 30000
NEXTEL COMMUNICATIONS COM 65332V103 3186 30900
SH SHARE 01 30900
NEXTEL COMMUNICATIONS COM 65332V103 97 936
SH SHARE 936
NEXTLINK COMMUNICATIONS INC COM 65333H707 532 6400
SH SHARE 01 6400
NIAGARA MOHAWK HLDGS INC COM 653522102 2391 171550
SH SHARE 01 171550
NISOURCE INC COM COM 65473P105 1138 63671
SH SHARE 02 63671
NOKIA CORP SPONS ADR F COM 654902204 1559 8159
SH SHARE 8159
NOCOPI TECHNOLOGIES INC COM 655212207 16 101300
SH SHARE 101300
NORFOLK SOUTHERN CORP COM 655844108 185 9000
SH SHARE 01 9000
NORFOLK SOUTHERN CORP COM 655844108 219 10695
SH SHARE 02 10695
NORFOLK SOUTHERN CORP COM 655844108 74 3600
SH SHARE 3600
NORTEL NETWORKS CORP F COM 656569100 1227 12150
SH SHARE 12150
O C G TECHNOLOGY INC COM 670818103 6 20000
SH SHARE 20000
ON2.COM INC PFD 68338A107 213 7350
SH SHARE 7350
PMA CAP CORP CL A COM 693419202 1007 50684
SH SHARE 01 50684
PNC BANK CORP COM 693475105 191 4287
SH SHARE 01 4287
PNC BANK CORP COM 693475105 394 8860
SH SHARE 02 8860
PNC BANK CORP COM 693475105 291 6550
SH SHARE 6550
P P & L RES INC COM COM 693499105 444 19397
SH SHARE 01 19397
P P & L RES INC COM COM 693499105 121 5285
SH SHARE 5285
P P G INDS INC COM COM 693506107 13 200
SH SHARE 01 200
P P G INDS INC COM COM 693506107 676 10801
SH SHARE 02 10801
P P G INDS INC COM COM 693506107 163 2600
SH SHARE 2600
PACCAR INC COM 693718108 1553 35040
SH SHARE 02 35040
PAINE WEBBER GROUP INC COM 695629105 202 5200
SH SHARE 5200
PARKER HANNIFIN CORP COM 701094104 629 12260
SH SHARE 02 12260
PARTNERS NATL CORP COM 702123100 1 100000
SH SHARE 01 100000
PENTAIR INDS INC COM 709631105 206 5350
SH SHARE 02 5350
PEPSICO INC COM COM 713448108 769 21816
SH SHARE 01 21816
PEPSICO INC COM COM 713448108 297 8412
SH SHARE 8412
PFIZER INC COM 717081103 5523 170264
SH SHARE 01 170264
PFIZER INC COM 717081103 1183 36457
SH SHARE 36457
PHILADELPHIA SUBN CORP COM PAR COM 718009608 88 4277
SH SHARE 01 4277
PHILADELPHIA SUBN CORP COM PAR COM 718009608 237 11448
SH SHARE 11448
PHILIP MORRIS COMPANIES INC COM 718154107 98 4265
SH SHARE 01 4265
PHILIP MORRIS COMPANIES INC COM 718154107 261 11327
SH SHARE 02 11327
PHILIP MORRIS COMPANIES INC COM 718154107 1414 61492
SH SHARE 61492
PHOENIX GOLD INTL INC COM 719068108 48 17200
SH SHARE 17200
PHOENIX TECHNOLOGIES LTD COM 719153108 158 10000
SH SHARE 10000
PRICE T ROWE & ASSOC COM 741477103 351 9500
SH SHARE 02 9500
PROCTER & GAMBLE CO COM 742718109 10265 93695
SH SHARE 01 93695
PROCTER & GAMBLE CO COM 742718109 3747 34201
SH SHARE 02 34201
PROCTER & GAMBLE CO COM 742718109 2110 19262
SH SHARE 19262
PROVIDENCE ENERGY CORP COM COM 743832107 1775 47800
SH SHARE 01 47800
PUBLIC SVC CO N MEX COM COM 744499104 228 14000
SH SHARE 01 14000
PUBLIC SERVICE ENT GRP COM COM 744573106 317 9106
SH SHARE 01 9106
PUBLIC SERVICE ENT GRP COM COM 744573106 5 150
SH SHARE 150
QUAKER CHEMICAL CORP COM 747316107 165 11612
SH SHARE 11612
QUALCOMM INC. COM 747525103 19559 111060
SH SHARE 01 111060
QUALCOMM INC. COM 747525103 498 2825
SH SHARE 2825
QWEST COMMUNICATIONS INTL INC COM 749121109 191 4440
SH SHARE 01 4440
QWEST COMMUNICATIONS INTL INC COM 749121109 1192 27725
SH SHARE 27725
R&B FALCON CORP COM 74912E101 278 21000
SH SHARE 21000
RAMBUS INC COM 750917106 742 11000
SH SHARE 11000
RALCORP HLDGS INC NEW COM 751028101 637 31930
SH SHARE 02 31930
RANGE RES CORP COM 75281A109 3 880
SH SHARE 01 880
RANGE RES CORP COM 75281A109 115 36000
SH SHARE 36000
RARE MEDIUM GROUP INC COM 75382N109 307 9000
SH SHARE 9000
RAYONIER INC COM COM 754907103 3669 75933
SH SHARE 02 75933
RAYTHEON CO CL B COM 755111408 212 7970
SH SHARE 02 7970
RAYTHEON CO CL B COM 755111408 43 1600
SH SHARE 1600
RED HAT INC COM 756577102 496 2350
SH SHARE 2350
RELIASTAR FINL CORP COM 75952U103 1931 49264
SH SHARE 02 49264
ROHM & HAAS CO COM COM 775371107 179 4400
SH SHARE 01 4400
ROHM & HAAS CO COM COM 775371107 3914 96196
SH SHARE 02 96196
ROSS STORES INC COM 778296103 512 28520
SH SHARE 02 28520
ROSS STORES INC COM 778296103 98 5450
SH SHARE 5450
ROYAL DUTCH PETRO COM 780257804 1211 20000
SH SHARE 01 20000
ROYAL DUTCH PETRO COM 780257804 440 7260
SH SHARE 02 7260
ROYAL DUTCH PETRO COM 780257804 245 4050
SH SHARE 4050
SBC COMMUNICATIONS COM 78387G103 7397 151736
SH SHARE 01 151736
SBC COMMUNICATIONS COM 78387G103 983 20169
SH SHARE 02 20169
SBC COMMUNICATIONS COM 78387G103 2067 42398
SH SHARE 42398
SPDR TR UNIT SER 1 COM 78462F103 4025 27405
SH SHARE 02 27405
SAFEGUARD SCIENTIFICS INC COM COM 786449108 171 1050
SH SHARE 01 1050
SAFEGUARD SCIENTIFICS INC COM COM 786449108 1829 11221
SH SHARE 11221
SAFEWAY INC COM NEW COM 786514208 666 18626
SH SHARE 01 18626
SAFEWAY INC COM NEW COM 786514208 13 350
SH SHARE 350
ST PAUL COS INC COM COM 792860108 84 2508
SH SHARE 01 2508
ST PAUL COS INC COM COM 792860108 253 7500
SH SHARE 02 7500
SCANA CORP COM 805898103 282 10500
SH SHARE 01 10500
SCHERING PLOUGH CORP COM COM 806605101 2039 48110
SH SHARE 01 48110
SCHERING PLOUGH CORP COM COM 806605101 899 21220
SH SHARE 02 21220
SCHERING PLOUGH CORP COM COM 806605101 469 11070
SH SHARE 11070
SCHLUMBERGER LTD COM COM 806857108 3062 54560
SH SHARE 01 54560
SCHLUMBERGER LTD COM COM 806857108 217 3875
SH SHARE 3875
SCHULTZ SAV O STORES INC COM COM 808196109 251 19650
SH SHARE 01 19650
SCORE BOARD INC NEW COM 809173206 2 45937
SH SHARE 45937
SEARS ROEBUCK & CO COM COM 812387108 13 432
SH SHARE 01 432
SEARS ROEBUCK & CO COM COM 812387108 217 7153
SH SHARE 02 7153
SEARS ROEBUCK & CO COM COM 812387108 440 14492
SH SHARE 14492
SENECA FOODS CORP CL B COM 817070105 511 44400
SH SHARE 01 44400
SENECA FOODS CORP NEW CL A COM 817070501 1543 134150
SH SHARE 01 134150
SEPRACOR INC COM COM 817315104 307 3100
SH SHARE 01 3100
SEPRACOR INC COM COM 817315104 446 4500
SH SHARE 4500
SHARED MEDICAL SYS CORP COM 819486101 1281 25155
SH SHARE 25155
SHONEY'S INC COM 825039100 21 15000
SH SHARE 15000
SIEBEL SYSTEMS INC COM 826170102 580 6900
SH SHARE 6900
SILICON GRAPHICS NEW9/86 COM 827056102 116 12000
SH SHARE 12000
SMITH INVT CO COM COM 832118103 1424 30290
SH SHARE 01 30290
SMITHKLINE BEECHAM PLC F COM 832378301 421 6570
SH SHARE 02 6570
SMITHKLINE BEECHAM PLC F COM 832378301 2551 39774
SH SHARE 39774
SOLECTRON CORP COM 834182107 704 7400
SH SHARE 01 7400
SOLECTRON CORP COM 834182107 38 400
SH SHARE 400
SOUTHTRUST CORP COM 844730101 965 25524
SH SHARE 02 25524
SOUTHTRUST CORP COM 844730101 28 750
SH SHARE 750
SOVEREIGN BANCORP COM COM 845905108 1208 162058
SH SHARE 01 162058
SOVEREIGN BANCORP COM COM 845905108 128 17155
SH SHARE 17155
SPRINT CORP COM 852061100 1133 16834
SH SHARE 01 16834
SPRINT CORP COM 852061100 344 5114
SH SHARE 5114
SPRINT CORP PCS SER 1 COM 852061506 484 4724
SH SHARE 01 4724
SPRINT CORP PCS SER 1 COM 852061506 109 1061
SH SHARE 1061
STANSBURY HLDGS CORP COM 854726205 3 22950
SH SHARE 22950
STAPLES INC COM COM 855030102 5087 245164
SH SHARE 01 245164
STAPLES INC COM COM 855030102 20 945
SH SHARE 945
STERLING SOFTWARE INC COM 859547101 946 30040
SH SHARE 02 30040
STRYKER CORP WARRANTS 863667101 244 3500
SH SHARE 3500
SUN MICROSYSTEMS INC COM 866810104 13809 178353
SH SHARE 01 178353
SUN MICROSYSTEMS INC COM 866810104 966 12479
SH SHARE 12479
SUNBEAM CORP DEL NEW COM COM 867071102 1 300
SH SHARE 01 300
SUNBEAM CORP DEL NEW COM COM 867071102 196 46900
SH SHARE 46900
SUNGARD DATA SYS INC WARRANTS 867363103 2204 92800
SH SHARE 02 92800
SUNGARD DATA SYS INC WARRANTS 867363103 135 5700
SH SHARE 5700
SUNOCO INC COM 86764P109 508 21600
SH SHARE 01 21600
SYMBOL TECHNOLOGIES INC COM COM 871508107 1888 29700
SH SHARE 01 29700
SYNBIOTICS COM 871566105 43 17804
SH SHARE 17804
SYNOPSYS INC COM COM 871607107 2715 40675
SH SHARE 02 40675
SYSTEMS & COMPUTER TECH WARRANTS 871873105 215 13250
SH SHARE 13250
TGC INDS INC SER C PFD WARRANTS 872417209 52 25000
SH SHARE 25000
TJX COS INC NEW COM 872540109 195 9550
SH SHARE 01 9550
TJX COS INC NEW COM 872540109 430 21033
SH SHARE 02 21033
TEAMSTAFF INC WARRANTS 87815U105 96 66550
SH SHARE 66550
TELEFLEX INC COM COM 879369106 13 400
SH SHARE 01 400
TELEFLEX INC COM COM 879369106 561 17915
SH SHARE 02 17915
TELEFONICA S A F WARRANTS 879382208 297 3768
SH SHARE 02 3768
TELEFONICA S A F WARRANTS 879382208 25 318
SH SHARE 318
TELESPECTRUM WRLDWDE INC WARRANTS 87951U109 166 23300
SH SHARE 23300
TELLABS INC COM COM 879664100 828 12900
SH SHARE 01 12900
TELLABS INC COM COM 879664100 493 7675
SH SHARE 7675
TEMTEX IND INC 12/72 NEW WARRANTS 880236203 27 18000
SH SHARE 18000
TESORO PETE CORP COM COM 881609101 395 34150
SH SHARE 02 34150
TEXACO INC COM COM 881694103 817 15045
SH SHARE 01 15045
TEXACO INC COM COM 881694103 422 7766
SH SHARE 02 7766
TEXACO INC COM COM 881694103 614 11302
SH SHARE 11302
TEXAS INSTRUMENTS COM 882508104 16613 171935
SH SHARE 01 171935
TEXAS INSTRUMENTS COM 882508104 820 8490
SH SHARE 8490
TEXTRON INC COM COM 883203101 15 198
SH SHARE 01 198
TEXTRON INC COM COM 883203101 1073 13990
SH SHARE 02 13990
THERMO ELECTRON CORP COM COM 883556102 157 10448
SH SHARE 01 10448
THORATEC LABS CORP COM COM 885175307 117 12000
SH SHARE 01 12000
3COM CORP WARRANTS 885535104 538 11450
SH SHARE 11450
TIME WARNER INC COM 887315109 936 12939
SH SHARE 01 12939
TIME WARNER INC COM 887315109 206 2854
SH SHARE 02 2854
TIME WARNER INC COM 887315109 838 11595
SH SHARE 11595
TRANSMEDIA EUROPE INC WARRANTS 893764100 142 35900
SH SHARE 35900
TRANSMEDIA ASIA PACIFIC WARRANTS 89376P103 221 56200
SH SHARE 56200
TRANSPORTACION MARITIMA MEXICA COM 893868208 159 34000
SH SHARE 01 34000
TRIBUNE COMPANY COMMON COM 896047107 360 6534
SH SHARE 01 6534
TRIGON HEALTHCARE INC COM 89618L100 599 20320
SH SHARE 02 20320
TRILOGY RESOURCES CORP COM 896195302 0 33733
SH SHARE 01 33733
TYCO INTL LTD COM 902124106 16252 416710
SH SHARE 01 416710
TYCO INTL LTD COM 902124106 1332 34152
SH SHARE 34152
US BANCORP DEL COM 902973106 159 6675
SH SHARE 01 6675
US BANCORP DEL COM 902973106 443 18610
SH SHARE 02 18610
USG CORP COM NEW COM 903293405 452 9600
SH SHARE 02 9600
USEC INC COM 90333E108 77 11000
SH SHARE 01 11000
USEC INC COM 90333E108 9 1300
SH SHARE 1300
UNION CARBIDE CORP NEW COM COM 905581104 20 300
SH SHARE 01 300
UNION CARBIDE CORP NEW COM COM 905581104 2140 32064
SH SHARE 32064
UNION PAC CORP COM COM 907818108 109 2492
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UNION PAC CORP COM COM 907818108 1622 37130
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UNION PAC CORP COM COM 907818108 28 640
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UNIONBANCAL CORP COM COM 908906100 739 18730
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UNISYS CORP COM COM 909214108 17 537
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UNISYS CORP COM COM 909214108 852 26667
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UNITED AMER HLTHCARE CRP WARRANTS 90934C105 28 26300
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USBANCORP INC PA COM COM 909911109 778 66250
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US WEST INC NEW WARRANTS 91273H101 254 3534
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US WEST INC NEW WARRANTS 91273H101 541 7510
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UNITED TECHNOLOGIES CORP COM COM 913017109 2963 45589
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UNITED TECHNOLOGIES CORP COM COM 913017109 428 6580
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UNITED WTR RES INC COM COM 913190104 277 8100
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UNITED WTR RES INC COM COM 913190104 34 1000
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UNITRIN INC COM 913275103 2303 61199
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UNITRIN INC COM 913275103 8 200
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UNIVERSAL FOODS CORP COM 913538104 575 28235
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UNUMPROVIDENT CORP COM 91529Y106 163 5073
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UNUMPROVIDENT CORP COM 91529Y106 261 8150
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V F CORP COM COM 918204108 42 1404
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V F CORP COM COM 918204108 232 7730
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VALLEY FORGE SCIENTIFIC WARRANTS 919656108 39 10000
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VARCO INTERNATIONAL INC WARRANTS 922126107 204 20000
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VENCOR INTL INC OLDCHG WARRANTS 922603105 4 141000
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VENTURE TECH INC COM 92327N102 165 47000
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VIDAMED, INC. COM 926530106 86 47577
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VILLAGE SUPER MKT INC CL A COM 927107409 402 30800
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VIROPHARMA INC COM COM 928241108 957 25875
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VIROPHARMA INC COM COM 928241108 26 700
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VITESSE SEMICONDUCTOR CORP COM COM 928497106 552 10525
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VITESSE SEMICONDUCTOR CORP COM COM 928497106 136 2600
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VODAFONE AIRTOUCH PLC F WARRANTS 92857T107 488 9850
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VOICE POWERED TECHNOLOGY WARRANTS 92861H107 0 10000
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VULCAN MATERIALS CO COM 929160109 2558 64045
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WAL MART STORES INC. COM 931142103 11515 166576
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WAL MART STORES INC. COM 931142103 1200 17365
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WAL MART STORES INC. COM 931142103 262 3788
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WARNER LAMBERT CO COM COM 934488107 1921 23450
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WARNER LAMBERT CO COM COM 934488107 677 8257
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WELLS FARGO CO COM 949746101 1098 27150
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WELLS FARGO CO COM 949746101 27 675
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WESTERN COPPER HLDGS LTD COM 958055105 12 10100
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WHIRLPOOL CORP COM 963320106 972 14940
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WILLAMETTE IND INC WARRANTS 969133107 740 15940
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WILLAMETTE IND INC WARRANTS 969133107 74 1588
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WILLIAMS COMPANIES INC (DEL) C COM 969457100 2636 86251
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WILLIAMS COMPANIES INC (DEL) C COM 969457100 309 10124
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WILLIAMS COMPANIES INC (DEL) C COM 969457100 351 11500
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WIND RIV SYS INC COM COM 973149107 137 3750
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WIND RIV SYS INC COM COM 973149107 128 3500
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WOODWARD GOVERNOR CO COM COM 980745103 1679 61056
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WORK RECOVERY INC NEW WARRANTS 981370307 1 59519
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XILNX COM 983919101 6461 142100
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XEROX CORP COM COM 984121103 210 9239
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XEROX CORP COM COM 984121103 314 13840
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XEROX CORP COM COM 984121103 835 36805
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ZALE CORP NEW COM COM 988858106 484 10010
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GLOBAL CROSSING LTD COM COM G3921A100 508 10152
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GLOBAL CROSSING LTD COM COM G3921A100 72 1430
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TOMMY HILFIGER CORP O COM G8915Z102 507 21680
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TRANSOCEAN SEDCO FOREX INC ORD COM G90078109 370 10985
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</TABLE>
