UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 09/30/1999
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: Global Asset Management (USA) Inc.
Address: 135 East 57th Street
25th Floor
New York, NY 10022
13F File Number: 28-7714
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: Joseph J. Allessie
Title: General Counsel
Phone: 212-407-4766
Signature, Place, and Date of Signing:
Joseph J. Allessie New York, New York 11/11/99
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: 4
Form 13F Information Table Entry Total: 361
Form 13F Information Table Value Total: $838,850
List of other Included Managers
No. 13F File Number Name
01 00-00000-000 GAM International Management Ltd
02 00-00000-000 Global Asset Management (H.K.) Limited
03 00-00000-000 Global Asset Management Limited (Bermuda)
04 00-00000-000 Global Asset Management Limited GB
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 1 of 15
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Abbott Laboratories Common NPV Com 002824100 2,610 71,015 71,015 0 0 01 71,015 0 0
Abbott Laboratories Common NPV Com 002824100 7,572 206,053 206,053 0 0 03 206,053 0 0
Abbott Laboratories Common NPV Com 002824100 8,953 243,622 243,622 0 0 04 243,622 0 0
Abbott Laboratories Common NPV Com 002824100 1,543 41,991 41,991 0 0 02 04 41,991 0 0
Adv. Semiconductor Eng. Inc. - GDR Com Y00153117 3,417 176,840 176,840 0 0 02 01 176,840 0 0
Adv. Semiconductor Eng. Inc. - GDR Com Y00153117 77 4,000 4,000 0 0 03 4,000 0 0
Advanced Micro Devices Inc. Com. U Com 007903107 157 9,000 9,000 0 0 03 9,000 0 0
Alberto-Culver Co. Cls. A Cv. USD0 Com 013068200 2,155 110,000 110,000 0 0 04 110,000 0 0
Alcatel Spon. ADR Rep. 1/5 EUR10 Com 013904305 135 5,000 5,000 0 0 03 5,000 0 0
AlliedSignal Incorporated Com. USD Com 019512102 719 12,000 12,000 0 0 01 12,000 0 0
AlliedSignal Incorporated Com. USD Com 019512102 3,157 52,700 52,700 0 0 03 52,700 0 0
Amcor Ltd. 7.25% Perp. Red. Inc. P Pref 02341R401 975 21,600 21,600 0 0 04 21,600 0 0
American Express Company Common US Com 025816109 1,736 12,892 12,892 0 0 01 12,892 0 0
American Express Company Common US Com 025816109 7,490 55,638 55,638 0 0 03 55,638 0 0
American Express Company Common US Com 025816109 8,499 63,129 63,129 0 0 04 63,129 0 0
American Express Company Common US Com 025816109 900 6,687 6,687 0 0 02 04 6,687 0 0
American General Corp. Common USD0 Com 026351106 76 1,200 1,200 0 0 01 1,200 0 0
American General Corp. Common USD0 Com 026351106 379 6,000 6,000 0 0 03 6,000 0 0
American General Corp. Common USD0 Com 026351106 3,760 59,508 59,508 0 0 04 59,508 0 0
American Home Products Common USD0 Com 026609107 581 14,000 14,000 0 0 01 14,000 0 0
American Home Products Common USD0 Com 026609107 2,058 49,600 49,600 0 0 03 49,600 0 0
American International Grp. Com. U Com 026874107 2,587 29,757 29,757 0 0 01 29,757 0 0
American International Grp. Com. U Com 026874107 6,466 74,376 74,376 0 0 03 74,376 0 0
American International Grp. Com. U Com 026874107 11,712 134,719 134,719 0 0 04 134,719 0 0
American International Grp. Com. U Com 026874107 2,060 23,692 23,692 0 0 02 04 23,692 0 0
---------
79,775
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 2 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Ameritech Corporation Common USD1. Com 030954101 1,680 25,000 25,000 0 0 03 25,000 0 0
Archer Daniels Midland Common NPV Com 039483102 44 3,645 3,645 0 0 01 3,645 0 0
Archer Daniels Midland Common NPV Com 039483102 1,555 127,628 127,628 0 0 04 127,628 0 0
ASARCO Incorporated Common NPV Com 043413103 4,022 150,000 150,000 0 0 04 150,000 0 0
Associates First Capital Corp. Com Com 046008108 652 18,098 18,098 0 0 01 18,098 0 0
Associates First Capital Corp. Com Com 046008108 2,703 75,088 75,088 0 0 03 75,088 0 0
AT&T Corporation Common USD1.00 Com 001957109 1,438 33,750 0 33,750 0 03 33,750 0 0
Aviron Common USD0.01 Com 053762100 109 5,000 5,000 0 0 03 5,000 0 0
AVX Corporation Common USD0.01 Com 002444107 88 2,500 2,500 0 0 01 2,500 0 0
BankAmerica Corporation Common USD Com 06605F102 557 10,000 10,000 0 0 01 10,000 0 0
BankAmerica Corporation Common USD Com 06605F102 2,505 45,005 45,005 0 0 03 45,005 0 0
BankAmerica Corporation Common USD Com 06605F102 5,120 92,000 92,000 0 0 04 92,000 0 0
Barrett Resources Corp. Common USD Com 068480201 1,107 30,000 30,000 0 0 01 30,000 0 0
Barrett Resources Corp. Common USD Com 068480201 443 12,000 12,000 0 0 04 12,000 0 0
Bell Atlantic Corporation Com. USD Com 077853109 309 4,600 4,600 0 0 01 4,600 0 0
Bell Atlantic Corporation Com. USD Com 077853109 336 5,000 5,000 0 0 03 5,000 0 0
BellSouth Corporation Common USD1. Com 079860102 810 18,000 18,000 0 0 01 18,000 0 0
BellSouth Corporation Common USD1. Com 079860102 3,600 80,000 80,000 0 0 03 80,000 0 0
Berkshire Hathaway Inc. Cls. A USD Com 084670108 550 10 10 0 0 01 10 0 0
Berkshire Hathaway Inc. Cls. A USD Com 084670108 2,750 50 50 0 0 03 50 0 0
Best Buy Company Inc. Common USD0. Com 086516101 1,489 24,000 24,000 0 0 01 24,000 0 0
Best Buy Company Inc. Common USD0. Com 086516101 5,273 85,000 85,000 0 0 04 85,000 0 0
BMC Software Incorporated Common U Com 055921100 1,520 21,246 21,246 0 0 01 21,246 0 0
BMC Software Incorporated Common U Com 055921100 2,865 40,058 40,058 0 0 03 40,058 0 0
BMC Software Incorporated Common U Com 055921100 5,778 80,774 80,774 0 0 04 80,774 0 0
---------
47,303
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 3 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
BMC Software Incorporated Common U Com 055921100 962 13,455 13,455 0 0 02 04 13,455 0 0
Bokum Resources Corporation Com. U Com 097500102 0 500 500 0 0 04 500 0 0
Bradley Real Estate Inc. Common US Com 104580105 367 20,000 20,000 0 0 01 20,000 0 0
Bradley Real Estate Inc. Common US Com 104580105 1,192 65,000 65,000 0 0 04 65,000 0 0
Brauns Fashions Corporation Com. U Com 105658108 364 20,000 20,000 0 0 04 20,000 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 3,415 50,613 50,613 0 0 01 50,613 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 10,234 151,688 151,688 0 0 03 151,688 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 11,857 175,736 175,736 0 0 04 175,736 0 0
Bristol-Myers Squibb Co. Common US Com 110122108 2,059 30,522 30,522 0 0 02 04 30,522 0 0
Burlington Resources Inc. Common U Com 122014103 735 20,000 20,000 0 0 01 20,000 0 0
Burlington Resources Inc. Common U Com 122014103 588 16,000 16,000 0 0 04 16,000 0 0
Cable & Wireless Comms. PLC ADR Com 12682P104 51 1,000 1,000 0 0 03 1,000 0 0
Cache Incorporated Common USD0.01 Com 127150388 88 25,000 25,000 0 0 04 25,000 0 0
Centocor Incorporated Common USD0. Com 152342101 117 2,000 2,000 0 0 03 2,000 0 0
Chase Manhattan Corporation Com. U Com 16161A108 1,055 14,000 14,000 0 0 01 14,000 0 0
Chase Manhattan Corporation Com. U Com 16161A108 4,146 55,000 55,000 0 0 03 55,000 0 0
Check Point Software Tech. Ltd. IL Com M22465104 39 465 465 0 0 03 465 0 0
Chevron Corp. Common USD1.50 Com 166751107 284 3,200 3,200 0 0 01 3,200 0 0
Chevron Corp. Common USD1.50 Com 166751107 692 7,800 7,800 0 0 03 7,800 0 0
China Telecom (HK) ADR Rep. 20 Ord Com 169428109 39 630 630 0 0 03 630 0 0
Chubb Corporation Common USD1.00 Com 171232101 2,491 50,000 50,000 0 0 04 50,000 0 0
Cintas Corporation Common NPV Com 172908105 944 16,345 16,345 0 0 01 16,345 0 0
Cintas Corporation Common NPV Com 172908105 1,781 30,819 30,819 0 0 03 30,819 0 0
Cintas Corporation Common NPV Com 172908105 3,527 61,033 61,033 0 0 04 61,033 0 0
Cintas Corporation Common NPV Com 172908105 588 10,180 10,180 0 0 02 04 10,180 0 0
---------
47,616
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 4 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Cisco Systems Incorporated Common Com 17275R102 1,543 22,517 22,517 0 0 01 22,517 0 0
Cisco Systems Incorporated Common Com 17275R102 5,894 85,999 85,999 0 0 03 85,999 0 0
Cisco Systems Incorporated Common Com 17275R102 2,668 38,929 38,929 0 0 04 38,929 0 0
Cisco Systems Incorporated Common Com 17275R102 423 6,170 6,170 0 0 02 04 6,170 0 0
Citigroup Incorporated Common USD0 Com 172967101 1,055 24,000 24,000 0 0 01 24,000 0 0
Citigroup Incorporated Common USD0 Com 172967101 4,283 97,530 97,530 0 0 03 97,530 0 0
Citipostal Incorporated Common USD Com 172907206 0 30,000 30,000 0 0 04 30,000 0 0
Clintrials Research Inc. Common US Com 188767107 25 4,500 4,500 0 0 01 4,500 0 0
Clintrials Research Inc. Common US Com 188767107 164 30,000 30,000 0 0 04 30,000 0 0
Coca-Cola Company Common USD0.25 Com 191216100 1,202 25,000 25,000 0 0 01 25,000 0 0
Coca-Cola Company Common USD0.25 Com 191216100 5,287 110,000 110,000 0 0 03 110,000 0 0
Colgate-Palmolive Company Common U Com 194162103 3,469 75,816 75,816 0 0 01 75,816 0 0
Colgate-Palmolive Company Common U Com 194162103 8,800 192,348 192,348 0 0 03 192,348 0 0
Colgate-Palmolive Company Common U Com 194162103 13,398 292,845 292,845 0 0 04 292,845 0 0
Colgate-Palmolive Company Common U Com 194162103 2,423 52,958 52,958 0 0 02 04 52,958 0 0
Columbian Northland Common NPV Com 198675100 0 6,000 6,000 0 0 04 6,000 0 0
Compaq Computers Corp. Common USD0 Com 204493100 112 4,900 4,900 0 0 01 4,900 0 0
Computer Associates Intl. Com. USD Com 204912109 1,376 22,473 22,473 0 0 01 22,473 0 0
Computer Associates Intl. Com. USD Com 204912109 2,594 42,373 42,373 0 0 03 42,373 0 0
Computer Associates Intl. Com. USD Com 204912109 5,104 83,377 83,377 0 0 04 83,377 0 0
Computer Associates Intl. Com. USD Com 204912109 865 14,132 14,132 0 0 02 04 14,132 0 0
Comverse Technology Inc. Common US Com 205862402 57 602 602 0 0 03 602 0 0
Consolidated Tomoka Land Common US Com 210226106 81 6,000 6,000 0 0 04 6,000 0 0
Cool Entertainment Incorporated Com 21639Q107 1 2,160 2,160 0 0 02 04 2,160 0 0
CyberShop.com Inc. Common USD0.001 Com 23251X105 295 50,000 50,000 0 0 01 50,000 0 0
---------
61,118
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 5 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Danskin Incorporated Common USD0.0 Com 236365102 6 19,447 19,447 0 0 04 19,447 0 0
Dell Computers Corporation Com. US Com 247025109 444 10,616 10,616 0 0 01 10,616 0 0
Dell Computers Corporation Com. US Com 247025109 977 23,370 23,370 0 0 03 23,370 0 0
Dell Computers Corporation Com. US Com 247025109 2,166 51,807 51,807 0 0 04 51,807 0 0
Dell Computers Corporation Com. US Com 247025109 316 7,563 7,563 0 0 02 04 7,563 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 388 15,000 15,000 0 0 01 15,000 0 0
Delta & Pine Land Inc. Common USD0 Com 247357106 1,240 48,000 48,000 0 0 04 48,000 0 0
Dial Corporation Common USD1.50 Com 25247D101 1,277 50,000 50,000 0 0 04 50,000 0 0
Diamond Offshore Drilling Common U Com 25271C102 167 5,000 5,000 0 0 04 5,000 0 0
Eastman Kodak Company Common USD2. Com 277461109 74 1,000 1,000 0 0 03 1,000 0 0
ECCS Incorporated Common USD0.01 Com 26825H100 422 100,000 100,000 0 0 04 100,000 0 0
Elcom International Inc. Com. USD0 Com 284434107 477 98,500 98,500 0 0 04 98,500 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 548 7,667 7,667 0 0 01 7,667 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 1,195 16,724 16,724 0 0 03 16,724 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 2,690 37,652 37,652 0 0 04 37,652 0 0
EMC Corporation (Mass) Common USD0 Com 268648102 462 6,470 6,470 0 0 02 04 6,470 0 0
Emerson Electric Common USD1.00 Com 291011104 632 10,000 10,000 0 0 01 10,000 0 0
Emerson Electric Common USD1.00 Com 291011104 2,403 38,000 38,000 0 0 03 38,000 0 0
Estee Lauder Co. Class A Common US Com 518439104 47 1,200 1,200 0 0 01 1,200 0 0
Estee Lauder Co. Class A Common US Com 518439104 383 9,800 9,800 0 0 03 9,800 0 0
Exxon Corporation NPV Com 302290101 319 4,200 4,200 0 0 01 4,200 0 0
Fairfield Communities Inc. Com. US Com 304231301 875 80,000 80,000 0 0 01 80,000 0 0
Fairfield Communities Inc. Com. US Com 304231301 744 68,000 68,000 0 0 04 68,000 0 0
Fannie Mae Common USD2.10 Com 313586109 940 15,000 15,000 0 0 01 15,000 0 0
Fannie Mae Common USD2.10 Com 313586109 3,981 63,500 63,500 0 0 03 63,500 0 0
---------
23,172
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 6 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ---
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
First Union Corp. Common USD3.333 Com 337358105 813 22,833 22,833 0 0 01 22,833 0 0
First Union Corp. Common USD3.333 Com 337358105 1,532 43,052 43,052 0 0 03 43,052 0 0
First Union Corp. Common USD3.333 Com 337358105 2,947 82,791 82,791 0 0 04 82,791 0 0
First Union Corp. Common USD3.333 Com 337358105 510 14,316 14,316 0 0 02 04 14,316 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 1,124 34,572 34,572 0 0 01 34,572 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 2,119 65,186 65,186 0 0 03 65,186 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 4,314 132,740 132,740 0 0 04 132,740 0 0
Fiserv Incorporated Common USD0.01 Com 337738108 840 25,835 25,835 0 0 02 04 25,835 0 0
Foamex International Inc. Com. USD Com 344123104 1,388 200,000 200,000 0 0 01 200,000 0 0
Foamex International Inc. Com. USD Com 344123104 4,253 613,000 613,000 0 0 04 613,000 0 0
Ford Motor Company Common USD1.00 Com 345370100 1,105 22,018 22,018 0 0 01 22,018 0 0
Ford Motor Company Common USD1.00 Com 345370100 4,015 80,000 80,000 0 0 03 80,000 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 64 2,000 2,000 0 0 01 2,000 0 0
Fortune Brands Inc. Common USD3.12 Com 349631101 1,611 50,000 50,000 0 0 04 50,000 0 0
Foster Wheeler Corporation Com. US Com 350244109 421 35,000 35,000 0 0 04 35,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 424 20,000 20,000 0 0 01 20,000 0 0
Fox Entertainment Group - Cls. A U Com 35138T107 1,589 75,000 75,000 0 0 03 75,000 0 0
Freddie Mac Common USD0.21 Com 313400301 2,577 49,612 49,612 0 0 01 49,612 0 0
Freddie Mac Common USD0.21 Com 313400301 5,349 102,980 102,980 0 0 03 102,980 0 0
Freddie Mac Common USD0.21 Com 313400301 11,166 214,981 214,981 0 0 04 214,981 0 0
Freddie Mac Common USD0.21 Com 313400301 1,920 36,976 36,976 0 0 02 04 36,976 0 0
Fred's Incorporated Class A Common Com 356108100 77 6,250 6,250 0 0 01 6,250 0 0
Fremont General Corp. Common USD1. Com 357288109 934 99,000 99,000 0 0 04 99,000 0 0
Friedman Billings Ramsey Grp. Inc. Com 358433100 21 3,000 3,000 0 0 01 3,000 0 0
Friedman Billings Ramsey Grp. Inc. Com 358433100 187 27,000 27,000 0 0 04 27,000 0 0
---------
51,297
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 7 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Galileo International Inc. Com. US Com 363547100 779 19,403 19,403 0 0 01 19,403 0 0
Galileo International Inc. Com. US Com 363547100 1,468 36,584 36,584 0 0 03 36,584 0 0
Galileo International Inc. Com. US Com 363547100 2,887 71,946 71,946 0 0 04 71,946 0 0
Galileo International Inc. Com. US Com 363547100 497 12,377 12,377 0 0 02 04 12,377 0 0
Gallaher Group ADR Rep. 4 Ord. GBP Com 363595109 54 2,000 2,000 0 0 01 2,000 0 0
General Electric Co. Amer. Com. US Com 369604103 1,659 14,000 14,000 0 0 01 14,000 0 0
General Electric Co. Amer. Com. US Com 369604103 7,705 65,000 65,000 0 0 03 65,000 0 0
Genset SA Spons. ADS - Each Rep. 1 Com 37244T104 405 32,500 0 32,500 0 03 32,500 0 0
Gerber Scientific Common USD1.00 Com 373730100 891 40,000 40,000 0 0 01 40,000 0 0
Gerber Scientific Common USD1.00 Com 373730100 1,003 45,000 45,000 0 0 04 45,000 0 0
Gilat Satellite Netwk. Ltd. Ord. I Com M51474100 35 650 650 0 0 03 650 0 0
Gillette Company Common USD1.00 Com 375766102 509 15,000 15,000 0 0 01 15,000 0 0
Gillette Company Common USD1.00 Com 375766102 2,308 68,000 68,000 0 0 03 68,000 0 0
Globalstar Telecommunications Comm Com G3930H104 1,529 66,652 66,652 0 0 04 66,652 0 0
Grupo Tele. GDR (Rep. 2 Ord. Ptg. Com 40049J206 40 1,000 1,000 0 0 03 1,000 0 0
Hecla Mining Company Common USD0.2 Com 422704106 2,938 1,000,000 1,000,000 0 0 04 1,000,000 0 0
Heinz (HJ) Company Common USD0.25 Com 423074103 2,152 50,000 50,000 0 0 04 50,000 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 782 8,500 8,500 0 0 01 8,500 0 0
Hewlett Packard Corp. Common USD1. Com 428236103 3,072 33,400 33,400 0 0 03 33,400 0 0
Highland Holdings Intl. Inc. Commo Com 430134205 0 10 10 0 0 02 04 10 0 0
Hitachi Ltd Spons ADR Com 433578507 213 2,000 2,000 0 0 03 2,000 0 0
Home Depot Incorporated Common USD Com 437076102 2,273 33,101 33,101 0 0 01 33,101 0 0
Home Depot Incorporated Common USD Com 437076102 4,285 62,412 62,412 0 0 03 62,412 0 0
Home Depot Incorporated Common USD Com 437076102 8,366 121,858 121,858 0 0 04 121,858 0 0
Home Depot Incorporated Common USD Com 437076102 1,409 20,518 20,518 0 0 02 04 20,518 0 0
---------
47,256
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 8 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Homegold Financial Inc. Common USD Com 43740E104 33 32,000 32,000 0 0 04 32,000 0 0
Honda Motor Company Ltd. Spons. AD Com 438128308 325 4,000 4,000 0 0 03 4,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 1,003 754,000 754,000 0 0 01 754,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 13,150 9,887,000 9,887,000 0 0 02 01 9,887,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 1,934 1,454,000 1,454,000 0 0 03 1,454,000 0 0
Hong Kong Land Hdgs. Ltd. Common U Com G4587L109 3,874 2,913,000 2,913,000 0 0 02 04 2,913,000 0 0
ICU Medical Incorporated Common US Com 44930G107 900 60,000 60,000 0 0 04 60,000 0 0
Idec Pharmaceuticals Common NPV Com 449370105 98 1,000 1,000 0 0 03 1,000 0 0
Immunomed Incorporated Common USD0 Com 452907108 0 24,922 24,922 0 0 04 24,922 0 0
IMS Health Incorporated Common USD Com 449934108 954 41,749 41,749 0 0 01 41,749 0 0
IMS Health Incorporated Common USD Com 449934108 1,895 82,967 82,967 0 0 03 82,967 0 0
IMS Health Incorporated Common USD Com 449934108 2,838 124,237 124,237 0 0 04 124,237 0 0
IMS Health Incorporated Common USD Com 449934108 506 22,155 22,155 0 0 02 04 22,155 0 0
Intel Corporation Common USD0.001 Com 458140100 5,464 73,493 73,493 0 0 01 73,493 0 0
Intel Corporation Common USD0.001 Com 458140100 16,863 226,803 226,803 0 0 03 226,803 0 0
Intel Corporation Common USD0.001 Com 458140100 13,838 186,136 186,136 0 0 04 186,136 0 0
Intel Corporation Common USD0.001 Com 458140100 2,108 28,361 28,361 0 0 02 04 28,361 0 0
Internationl Mining Corporation Com 460016108 0 216 216 0 0 02 04 216 0 0
Intimate Brands Inc. Common USD0.0 Com 461156101 327 8,400 8,400 0 0 01 8,400 0 0
IPI Incorporated Common USD0.01 Com 449804103 612 236,000 236,000 0 0 04 236,000 0 0
Isolyser Company Inc. Common USD0. Com 464888106 366 100,000 100,000 0 0 04 100,000 0 0
Johnson & Johnson Common USD1.00 Com 478160104 4,696 51,126 51,126 0 0 01 51,126 0 0
Johnson & Johnson Common USD1.00 Com 478160104 12,631 137,525 137,525 0 0 03 137,525 0 0
Johnson & Johnson Common USD1.00 Com 478160104 14,911 162,353 162,353 0 0 04 162,353 0 0
Johnson & Johnson Common USD1.00 Com 478160104 2,530 27,548 27,548 0 0 02 04 27,548 0 0
---------
101,856
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 9 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Jumbosports Incorporated Common US Com 849168109 1 12,500 12,500 0 0 01 12,500 0 0
KDI Corp. Common Stock (Restricted Com 482452109 0 57 0 57 0 01 57 0 0
Kerr-McGee Corporation Common USD1 Com 492386107 643 12,000 0 12,000 0 03 12,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 558 50,000 50,000 0 0 01 50,000 0 0
Keystone Automotive Ind. Inc. USD0 Com 49338N109 948 85,000 85,000 0 0 04 85,000 0 0
Korea Elec. Power Spon ADR Com 500631106 31 1,920 1,920 0 0 03 1,920 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 347 15,000 15,000 0 0 01 15,000 0 0
Liberty Digital Inc. Cls. A Com. U Com 530436104 116 5,000 5,000 0 0 04 5,000 0 0
Lubys Incorporated Common USD0.32 Com 549282101 1,147 100,000 100,000 0 0 04 100,000 0 0
Macromedia Incorporated Common USD Com 556100105 122 3,000 3,000 0 0 03 3,000 0 0
Magyar Tavkozlesi Rt Spon. ADR Rep Com 559776109 83 3,066 3,066 0 0 03 3,066 0 0
Marsh & McLennan Common USD1 Com 571748102 753 11,000 11,000 0 0 01 11,000 0 0
Marsh & McLennan Common USD1 Com 571748102 2,790 40,750 40,750 0 0 03 40,750 0 0
Matrix Pharmaceuticals Inc. Com. U Com 576844104 226 40,000 40,000 0 0 04 40,000 0 0
McDonald's Corporation Common NPV Com 580135101 2,924 68,008 68,008 0 0 01 68,008 0 0
McDonald's Corporation Common NPV Com 580135101 8,154 189,632 189,632 0 0 03 189,632 0 0
McDonald's Corporation Common NPV Com 580135101 8,528 198,325 198,325 0 0 04 198,325 0 0
McDonald's Corporation Common NPV Com 580135101 1,553 36,118 36,118 0 0 02 04 36,118 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 580645109 580 12,000 12,000 0 0 01 12,000 0 0
McGraw-Hill Inc. Cos. Common USD1. Com 580645109 2,419 50,000 50,000 0 0 03 50,000 0 0
Medtronic Incorporated Common USD0 Com 585055106 959 27,036 27,036 0 0 01 27,036 0 0
Medtronic Incorporated Common USD0 Com 585055106 2,049 57,826 57,826 0 0 03 57,826 0 0
Medtronic Incorporated Common USD0 Com 585055106 4,012 113,122 113,122 0 0 04 113,122 0 0
Medtronic Incorporated Common USD0 Com 585055106 662 18,660 18,660 0 0 02 04 18,660 0 0
Mellon Bank Corporation Common USD Com 585509102 65 2,000 2,000 0 0 03 2,000 0 0
---------
39,673
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 10 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Merck & Company Incorporated Commo Com 589331107 3,606 55,633 55,633 0 0 01 55,633 0 0
Merck & Company Incorporated Commo Com 589331107 10,652 164,345 164,345 0 0 03 164,345 0 0
Merck & Company Incorporated Commo Com 589331107 11,068 170,777 170,777 0 0 04 170,777 0 0
Merck & Company Incorporated Commo Com 589331107 1,906 29,407 29,407 0 0 02 04 29,407 0 0
Merrill Lynch & Co. Common USD1.33 Com 590188108 1,141 17,000 17,000 0 0 03 17,000 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 4,973 54,897 54,897 0 0 01 54,897 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 14,442 159,414 159,414 0 0 03 159,414 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 16,002 176,634 176,634 0 0 04 176,634 0 0
Microsoft Corporation Com. USD0.00 Com 594918104 2,622 28,941 28,941 0 0 02 04 28,941 0 0
Minnesota Mining & Mnfg. Co. NPV Com 604059105 94 1,000 1,000 0 0 03 1,000 0 0
Mitek Systems Inc. Common USD0.001 Com 606710200 2,156 500,000 500,000 0 0 04 500,000 0 0
Mobil Corporation Common USD1.00 Com 607059102 423 4,200 4,200 0 0 01 4,200 0 0
Mobil Corporation Common USD1.00 Com 607059102 1,955 19,400 19,400 0 0 03 19,400 0 0
Morgan Keegan Incorporated Com. US Com 617410105 1,194 70,000 70,000 0 0 04 70,000 0 0
Nat. Australia Bk. 7.875% Pref. (U Pref 632525309 488 17,800 17,800 0 0 04 17,800 0 0
National Bank of Greece S.A. GDR Com 633643200 82 5,170 5,170 0 0 03 5,170 0 0
Neopharm Incorporated Common USD0. Com 640919106 586 40,000 40,000 0 0 01 40,000 0 0
Neopharm Incorporated Common USD0. Com 640919106 3,078 210,000 210,000 0 0 04 210,000 0 0
Newbridge Networks Corp. Common NP Com 650901101 99 4,000 4,000 0 0 03 4,000 0 0
News Corp. Ltd. Cv. Pref. 5% (New Pref YY5015119 3,107 31,500 31,500 0 0 01 31,500 0 0
News Corp. Ltd. Cv. Pref. 5% Serie Pref 652485202 2,515 25,500 25,500 0 0 01 25,500 0 0
News Corp. Spon. ADR Rep. 4 Pref. Pref 652487802 48 1,800 1,800 0 0 01 1,800 0 0
News Corp. Spon. ADR Rep. 4 Pref. Pref 652487802 376 14,100 14,100 0 0 03 14,100 0 0
Nielsen Media Research Inc. Com. U Com 653929307 3,958 106,339 106,339 0 0 01 106,339 0 0
Nielsen Media Research Inc. Com. U Com 653929307 1,778 47,781 47,781 0 0 02 01 47,781 0 0
---------
88,350
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 11 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Nielsen Media Research Inc. Com. U Com 653929307 7,036 189,035 189,035 0 0 03 189,035 0 0
Nielsen Media Research Inc. Com. U Com 653929307 15,060 404,646 404,646 0 0 04 404,646 0 0
Nielsen Media Research Inc. Com. U Com 653929307 2,739 73,590 73,590 0 0 02 04 73,590 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 442 18,000 18,000 0 0 01 18,000 0 0
Norfolk Southern Corp. Com. USD1.0 Com 655844108 1,938 79,000 79,000 0 0 03 79,000 0 0
OpTel Incorporated Com 683817100 10 500 0 500 0 01 500 0 0
Opto Mechanik Inc. Common USD0.10 Com 683891103 0 75,000 75,000 0 0 04 75,000 0 0
Oracle Corporation Common USD0.01 Com 68389X105 1,079 23,696 23,696 0 0 01 23,696 0 0
Oracle Corporation Common USD0.01 Com 68389X105 2,540 55,778 55,778 0 0 03 55,778 0 0
Oracle Corporation Common USD0.01 Com 68389X105 5,190 113,989 113,989 0 0 04 113,989 0 0
Oracle Corporation Common USD0.01 Com 68389X105 815 17,889 17,889 0 0 02 04 17,889 0 0
Orion Capital Corp. Com. USD1.00 Com 686268103 710 15,000 15,000 0 0 01 15,000 0 0
Orion Capital Corp. Com. USD1.00 Com 686268103 2,841 60,000 60,000 0 0 04 60,000 0 0
ORS Automation Incorporated Common Com 671017101 0 20,000 0 20,000 0 03 20,000 0 0
ORS Automation Incorporated Common Com 671017101 0 15,000 15,000 0 0 04 15,000 0 0
OTP Bank Rt. Sponsored GDR Com X60746116 22 500 500 0 0 03 500 0 0
Owens-Corning Corporation Com. USD Com 69073F103 2,602 120,000 120,000 0 0 04 120,000 0 0
Oxigene Incorporated Common USD0.0 Com 691828107 550 50,000 50,000 0 0 04 50,000 0 0
Palm Harbor Homes Inc. Com. USD0.0 Com 696639103 134 9,765 9,765 0 0 01 9,765 0 0
Party City Corp. Common USD0.01 Com 702145103 15 7,500 7,500 0 0 01 7,500 0 0
Pep Boys-Manny Moe & Jack Com. USD Com 713278109 12 806 806 0 0 01 806 0 0
Pep Boys-Manny Moe & Jack Com. USD Com 713278109 4 269 269 0 0 04 269 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 666 22,000 22,000 0 0 01 22,000 0 0
PepsiCo Incorporated Common USD0.0 Com 713448108 2,877 95,000 95,000 0 0 03 95,000 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 4,723 131,427 131,427 0 0 01 131,427 0 0
---------
52,004
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 12 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Pfizer Incorporated Common USD0.05 Com 717081103 13,993 389,367 389,367 0 0 03 389,367 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 11,808 328,566 328,566 0 0 04 328,566 0 0
Pfizer Incorporated Common USD0.05 Com 717081103 2,066 57,492 57,492 0 0 02 04 57,492 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 958 28,000 28,000 0 0 01 28,000 0 0
Philip Morris Co. Common USD0.3333 Com 718154107 3,446 100,700 100,700 0 0 03 100,700 0 0
Phoenix International Inc. Com. US Com 719078107 179 45,000 45,000 0 0 04 45,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 569 50,000 50,000 0 0 01 50,000 0 0
Point of Sale Limited Common ILS1. Com M7945W108 1,422 125,000 125,000 0 0 04 125,000 0 0
Policy Management Systems Corp. US Com 731108106 948 30,000 30,000 0 0 04 30,000 0 0
Polo Ralph Lauren Corp. Class A US Com 731572103 86 4,800 4,800 0 0 01 4,800 0 0
Polo Ralph Lauren Corp. Class A US Com 731572103 618 34,600 34,600 0 0 03 34,600 0 0
Power-One Incorporated Common USD0 Com 739308104 1,787 70,000 70,000 0 0 01 70,000 0 0
Power-One Incorporated Common USD0 Com 739308104 2,006 78,571 78,571 0 0 04 78,571 0 0
Priam Corp. Com. NPV Com 741400105 0 150,000 150,000 0 0 04 150,000 0 0
Procter & Gamble Common NPV Com 742718109 4,493 47,925 47,925 0 0 01 47,925 0 0
Procter & Gamble Common NPV Com 742718109 11,229 119,773 119,773 0 0 03 119,773 0 0
Procter & Gamble Common NPV Com 742718109 15,942 170,053 170,053 0 0 04 170,053 0 0
Procter & Gamble Common NPV Com 742718109 2,859 30,492 30,492 0 0 02 04 30,492 0 0
Professional Staff PLC Spons. ADR Com 74315R105 159 27,000 27,000 0 0 01 27,000 0 0
Professional Staff PLC Spons. ADR Com 74315R105 282 48,000 48,000 0 0 04 48,000 0 0
Quintiles Transnatl. Corp. Com. US Com 748767100 57 3,000 3,000 0 0 03 3,000 0 0
Range Resources Corp. Common USD0. Com 75281A109 593 120,830 120,830 0 0 04 120,830 0 0
Reinsurance Group of Amer. Inc. US Com 759351109 1,245 45,334 0 45,334 0 03 45,334 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 630 12,000 12,000 0 0 01 12,000 0 0
Rockwell Intl. Corp. Common USD1.0 Com 773903109 2,758 52,500 52,500 0 0 03 52,500 0 0
---------
80,132
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 13 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Saga Communications Inc. Class A U Com 786598102 1,603 70,000 70,000 0 0 04 70,000 0 0
SBC Communications Inc. Common USD Com 78387G103 923 18,064 18,064 0 0 01 18,064 0 0
SBC Communications Inc. Common USD Com 78387G103 3,266 63,920 63,920 0 0 03 63,920 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 3,389 77,751 77,751 0 0 01 77,751 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 6,972 159,937 159,937 0 0 03 159,937 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 14,037 322,000 322,000 0 0 04 322,000 0 0
Schering-Plough Corp. Com. USD1.00 Com 806605101 2,343 53,738 53,738 0 0 02 04 53,738 0 0
Sea Containers Class B Common USD0 Com 811371103 566 20,000 20,000 0 0 04 20,000 0 0
Sierra Health Services Common USD0 Com 826322109 1,126 111,550 111,550 0 0 04 111,550 0 0
Sierra Home Services Common (ESCRO Com 826323107 0 50,000 50,000 0 0 04 50,000 0 0
Sprint Corporation Common USD2.50 Com 852061100 2,712 50,000 50,000 0 0 01 50,000 0 0
Sprint Corporation Common USD2.50 Com 852061100 553 10,000 10,000 0 0 03 10,000 0 0
Sprint Corporation Common USD2.50 Com 852061100 3,580 66,000 66,000 0 0 04 66,000 0 0
St. Joe Corporation Common NPV Com 790148100 854 40,800 0 40,800 0 03 40,800 0 0
Starbucks Corporation Common NPV Com 855244109 1,001 40,399 40,399 0 0 01 40,399 0 0
Starbucks Corporation Common NPV Com 855244109 1,738 70,130 70,130 0 0 03 70,130 0 0
Starbucks Corporation Common NPV Com 855244109 3,858 155,681 155,681 0 0 04 155,681 0 0
Starbucks Corporation Common NPV Com 855244109 716 28,894 28,894 0 0 02 04 28,894 0 0
Sterling Software Common USD0.10 Com 859547101 265 13,220 13,220 0 0 04 13,220 0 0
Stolt-Nielsen SA Common NPV Com L88742108 973 65,000 65,000 0 0 04 65,000 0 0
Suntrust Banks Incorporated Com. U Com 867914103 854 13,000 13,000 0 0 01 13,000 0 0
Suntrust Banks Incorporated Com. U Com 867914103 3,286 50,000 50,000 0 0 03 50,000 0 0
Synalloy Corporation Common USD1.0 Com 871565107 234 33,750 33,750 0 0 04 33,750 0 0
Syquest Technology Inc. Common USD Com 871660106 0 104,000 104,000 0 0 04 104,000 0 0
Taco Cabana A Common USD0.01 Com 873425102 481 50,000 50,000 0 0 04 50,000 0 0
---------
55,333
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 14 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Telefonos de Mexico SA - Spon. ADR Com 879403780 47 663 663 0 0 03 663 0 0
Titan Corporation Common USD0.01 Com 888266103 377 26,400 26,400 0 0 01 26,400 0 0
Titan Corporation Common USD0.01 Com 888266103 2,241 156,900 156,900 0 0 04 156,900 0 0
Tricon Global Rest. Inc. Common US Com 895953107 96 2,350 2,350 0 0 01 2,350 0 0
Ultrak Incorporated Common NPV Com 903898401 298 50,000 50,000 0 0 04 50,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 1,894 150,000 150,000 0 0 01 150,000 0 0
United Auto Group Inc. Common USD0 Com 909440109 2,841 225,000 225,000 0 0 04 225,000 0 0
Unocal Corporation Common USD1.00 Com 915289102 111 3,000 3,000 0 0 01 3,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 213 24,000 24,000 0 0 01 24,000 0 0
USA Truck Incorporated Common USD0 Com 902925106 941 106,000 106,000 0 0 04 106,000 0 0
USX-Marathon Group Common USD1 Com 902905827 1,174 40,000 0 40,000 0 03 40,000 0 0
Viacom Inc. Cls. B Non-Vtg. Com. U Com 925524308 422 10,000 10,000 0 0 01 0 0 10,000
Viad Corporation Common USD1.50 Com 92552R109 3,003 102,000 102,000 0 0 04 102,000 0 0
Videsh Sanchar Nigam Ltd. GDR Rep. Com Y9371X110 1,548 110,000 110,000 0 0 02 01 110,000 0 0
Visual Technology Inc. Common USD0 Com 928455203 0 800 800 0 0 04 800 0 0
Waddell & Reed Finl. Inc. Cls. B U Com 930059209 227 10,300 0 10,300 0 03 10,300 0 0
Waddell & Reed Finl. Inc. Cls. B U Com 930059209 157 7,347 7,347 0 0 04 7,347 0 0
Walgreen Company Common USD0.625 Com 931422109 812 32,000 32,000 0 0 01 32,000 0 0
Walgreen Company Common USD0.625 Com 931422109 3,065 120,800 120,800 0 0 03 120,800 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 3,075 64,702 64,702 0 0 01 64,702 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 7,602 159,943 159,943 0 0 03 159,943 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 8,531 179,472 179,472 0 0 04 179,472 0 0
Wal-Mart Stores Common USD0.10 Com 931142103 1,556 32,744 32,744 0 0 02 04 32,744 0 0
Warner-Lambert Company Common USD1 Com 934488107 1,985 29,925 29,925 0 0 01 29,925 0 0
Warner-Lambert Company Common USD1 Com 934488107 4,058 61,287 61,287 0 0 03 61,287 0 0
---------
46,275
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Form 13F Information Table
Global Asset Management (USA) Inc.
Page 15 of 15
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 2 3 4 5 6 7 8
Mkt Value -- Investment Discretion -- --- Voting Authority ----
Name of Issuer Type CUSIP $ x1000 # Shares Sole Shared Other Managers Sole Shared None
Warner-Lambert Company Common USD1 Com 934488107 7,754 116,882 116,882 0 0 04 116,882 0 0
Warner-Lambert Company Common USD1 Com 934488107 732 11,027 11,027 0 0 02 04 11,027 0 0
Washington Mutual Inc. Common NPV Com 939322103 84 3,000 3,000 0 0 03 3,000 0 0
Wm. Wrigley Jr. Company Common NPV Com 982526105 884 12,848 12,848 0 0 01 12,848 0 0
Wm. Wrigley Jr. Company Common NPV Com 982526105 1,667 24,224 24,224 0 0 03 24,224 0 0
Wm. Wrigley Jr. Company Common NPV Com 982526105 3,244 47,142 47,142 0 0 04 47,142 0 0
Wm. Wrigley Jr. Company Common NPV Com 982526105 541 7,862 7,862 0 0 02 04 7,862 0 0
XL Capital Limited Class A USD0.01 Com G98255105 158 3,500 3,500 0 0 01 3,500 0 0
XL Capital Limited Class A USD0.01 Com G98255105 180 4,000 4,000 0 0 04 4,000 0 0
Yellow Corporation Common USD1.00 Com 985509108 1,653 100,000 100,000 0 0 04 100,000 0 0
Zagrebacka Banka GDR (Rep. 1 Ord.: Com 988849204 792 100,000 0 100,000 0 03 100,000 0 0
---------
17,689
=========
838,850
</TABLE>
