BOEING CO COM COMM 9702310 83 2000SH
DUCOMMUN INC DEL COM COMM 26414710 16 1500SH
HONEYWELL INTERNATIONAL INC COMM 43851610 785 13600SH
TRW INC COM COMM 87264910 52 1000SH
PITNEY BOWES INC COM COMM 72447910 329 6800SH
CISCO SYS INC COM COMM 17275R10 4103 38300SH
COMPAQ COMPUTER CORP COM COMM 20449310 2024 74800SH
DELL COMPUTER CORP COM COMM 24702510 1058 20750SH
E M C CORP MASS COM COMM 26864810 6763 61900SH
ELECTRONIC DATA SYS NW COM COMM 28566110 495 7400SH
FIRST DATA CORP COM COMM 31996310 493 10000SH
INTERNATIONAL BUS MACH COM COMM 45920010 2009 18620SH
NCR CORP NEW COM COMM 15 405.999SH
SUN MICROSYSTEMS INC COM COMM 86681010 1076 13900SH
COMPUTER ASSOC INTL COM COMM 20491210 420 6000SH
MICROSOFT CORP COM COMM 59491810 1471 12600SH
NOVELL INC COM COMM 67000610 959 24000SH
TREEV INC COM NEW COMM 89469230 16 5000SH
EMERSON ELEC CO COM COMM 29101110 1067 18600SH
GENERAL ELEC CO COM COMM 36960410 11769 76050SH
IMATION CORP COM COMM 45245A10 5 150SH
LUCENT TECHNOLOGIES COM COMM 54946310 7101 94684SH
GENERAL MTRS CORP CL H NEW COMM 37044283 1536 16000SH
HEWLETT PACKARD CO COM COMM 42823610 5073 44600SH
INTEL CORP COM COMM 45814010 6911 83960SH
MOTOROLA INC COM COMM 62007610 2754 18700SH
TEXAS INSTRS INC COM COMM 88250810 3343 34600SH
CATERPILLAR INC DEL COM COMM 14912310 887 18850SH
DEERE & CO COM COMM 24419910 531 12250SH
AT&T CORP COM COMM 195710 3193 62839SH
MCI WORLDCOM INC COM COMM 55268B10 2555 48150SH
NORTEL NETWORKS COMM 66581510 1566 15500SH
SPRINT CORP (PCS GROUP) COMM 85206150 197 1925SH
VODAFONE AIRTOUCH PLC SPONSORED AD ADR 92857T10 495 10000SH
COCA COLA CO COM COMM 19121610 2703 46400SH
PEPSICO INC COM COMM 71344810 353 10000SH
CLOROX CO DEL COM COMM 18905410 101 2000SH
COLGATE PALMOLIVE CO COM COMM 19416210 1235 19000SH
GILLETTE CO COM COMM 37576610 1355 32900SH
INTERNATIONAL FLAV&FRA COM COMM 45950610 610 16200SH
PROCTER & GAMBLE CO COM COMM 74271810 986 9000SH
ABBOTT LABS COM COMM 282410 1725 47500SH
AMERICAN HOME PRODS CP COM COMM 2660910 2465 62800SH
BRISTOL MYERS SQUIBB COM COMM 11012210 3241 50500SH
JOHNSON & JOHNSON COM COMM 47816010 1781 19100SH
LILLY ELI & CO COM COMM 53245710 133 2000SH
MEDTRONIC INC COM COMM 58505510 641 17600SH
MERCK & CO INC COM COMM 58933110 4176 62150SH
PFIZER INC COM COMM 71708110 2848 87800SH
SCHERING PLOUGH CORP COM COMM 80660510 1865 44000SH
WARNER LAMBERT CO COM COMM 93448810 2679 32700SH
CBS CORP COM COMM 12490K10 1132 17700SH
CAMPBELL SOUP CO COM COMM 13442910 155 4000SH
FORTUNE BRANDS INC COM COMM 34963110 66 2000SH
NABISCO GROUP HLDG CP COM COMM 62952p10 11 1000SH
PHILIP MORRIS COS INC COM COMM 71815410 345 15000SH
REYNOLDS R J TOB HLDGS COM COMM 76182K10 6 333SH
VLASIC FOODS INTL INC COM COMM 92855910 2 400SH
HOST MARRIOTT CORP COM COMM 44107810 1 100SH
DISNEY WALT CO COM COMM 25468710 1746 59700SH
MEDIAONE GROUP INC COM COMM 58440J10 603 7853SH
TIME WARNER INC COM COMM 88731510 1837 25400SH
ALBERTSONS INC COM COMM 1310410 710 22000SH
WALMART COMM 93114210 28 400SH
INTERPUBLIC GROUP COS COM COMM 46069010 3115 54000SH
SERVICE CORP INTL COM COMM 81756510 167 24000SH
SODEXHO MARRIOTT SVCS COM COMM 83379310 0 25SH
DELPHI AUTO SYS CORP COM COMM 24712610 55 3494SH
FORD MTR CO DEL COM COMM 34537010 1170 21950SH
GENERAL MTRS CORP COM COMM 37044210 363 5000SH
ATLANTIC RICHFIELD CO COM COMM 4882510 1025 11850SH
TEPPCO PARTNERS L P UT LTD PARTNER COMM 87238410 155 8000SH
WORLD FUEL SVCS CORP COM COMM 98147510 11 1500SH
BAKER HUGHES INC COM COMM 5722410 337 16000SH
LAKEHEAD PIPE LINE L P COM UNIT-CL COMM 51155710 104 3000SH
SCHLUMBERGER LTD COM COMM 80685710 1184 21100SH
TRANSOCEAN SEDCO FOREX INC ADR 138 4084.96SH
BP AMOCO PLC -SPONS ADR ADR 5562210 394 6646SH
CONOCO INC CL B COMM 20825140 183 7365SH
EXXON MOBIL CORP COM COMM 30231G10 4816 59778SH
ROYAL DUTCH PETE CO NY REG GLD1.25 COMM 78025780 242 4000SH
TEXACO INC COM COMM 88169410 407 7500SH
BANK NEW YORK INC COM COMM 6405710 1520 38000SH
BANKAMERICA CORP NEW COM COMM 06605F10 229 4562SH
BOSTONFED BANCORP INC COM COMM 10117810 16 1000SH
CHASE MANHATTAN CORP COMM 16161a10 2268 29200SH
CITIGROUP COMM 17296710 187 3360SH
FIRST UN CORP COM COMM 33735810 1166 35400SH
FLEET BOSTON FINL CORP COMM 33903010 1529 43914.136SH
GBT BANCORP MASS COM COMM 36154610 88 7000SH
GRANITE ST BANKSHARES COM COMM 38747210 48 2411SH
HORIZON BANK & TRUST COMM 44040910 6 1000SH
MELLON BK CORP COM COMM 58550910 1117 32800SH
MORGAN J P & CO INC COM COMM 61688010 1595 12600SH
NATIONAL CITY CORP COM COMM 63540510 95 4000SH
PEOPLES HERITAGE FINL COM COMM 71114710 90 6000SH
PNC BK CORP COM COMM 69347510 245 5500SH
SOVEREIGN BANCORP INC COM COMM 84590510 12 1650SH
STATE STR CORP COM COMM 85747710 292 4000SH
SUNTRUST BKS INC COM COMM 86791410 778 11300SH
WACHOVIA CORP COM COMM 92977110 527 7746SH
WELLS FARGO & CO NEW COM COMM 94974610 1496 37000SH
AMERICAN EXPRESS CO COM COMM 2581610 532 3200SH
ASSOCIATES FIRST CAP CL A COMM 4600810 200 7300SH
FEDERAL HOME LN MTG CP COM COMM 31340030 2071 44000SH
FEDERAL NATL MTG ASSN COM COMM 31358610 1986 31800SH
SLM HLDG CORP COM COMM 78442A10 319 7550SH
AETNA INC COM COMM 811710 251 4500SH
ALLSTATE CORP COM COMM 2000210 1339 55650SH
AMERICAN INTL GROUP COM COMM 2687410 3249 30050SH
CHUBB CORP COM COMM 17123210 56 1000SH
LINCOLN NATL CORP IND COM COMM 53418710 320 8000SH
MARSH & MCLENNAN COS COM COMM 57174810 431 4500SH
MBIA INC COM COMM 55262C10 211 4000SH
RELIASTAR FINL CORP COM COMM 75952U10 1019 26000SH
UNUMPROVIDENT CORP COMM 91529y10 603 18800SH
FRANKLIN RES INC COM COMM 35461310 96 3000SH
MORGAN STAN DEAN WITTR COM NEW COMM 61744644 2520 17655SH
SCHWAB CHARLES CP NEW COM COMM 80851310 956 25000SH
AIR PRODS & CHEMS INC COM COMM 915810 74 2200SH
DOW CHEM CO COM COMM 26054310 535 4000SH
DU PONT E I DE NEMOURS COM COMM 26353410 1627 24703SH
MONSANTO CO COM COMM 61166210 673 19000SH
PPG INDS INC COM COMM 69350610 150 2400SH
KIMBERLY CLARK CORP COM COMM 49436810 432 6600SH
ALLEGHENY ENERGY INC COM COMM 1736110 175 6500SH
AMERICAN ELEC PWR INC COM COMM 2553710 161 5000SH
CINERGY CORP COM COMM 17247410 168 7000SH
CONSOLIDATED EDISON COM COMM 20911510 138 4000SH
CONSTELLATION ENERGY COM COMM 21037110 174 6000SH
DOMINION RES INC VA COM COMM 25747010 283 7200SH
ENTERGY CORP NEW COM COMM 29364G10 8 300SH
FLORIDA PROGRESS CORP COM COMM 34110910 169 4000SH
INTERSTATE ENERGY WISC COM COMM 1880210 138 5000SH
LG&E ENERGY CORP COM COMM 50191710 116 6680SH
NEW CENTURY ENERGIES COM COMM 64352U10 289 9500SH
NEW ENGLAND ELEC SYS COM COMM 64400110 207 4000SH
NIPSCO INDS INC COM COMM 62914010 141 7882SH
NORTHN STS PWR MINN COM COMM 66577210 109 5600SH
OGE ENERGY CORP COM COMM 67083710 76 4000SH
RELIANT ENERGY INC COMM 75952J10 137 6000SH
SOUTHERN CO COM COMM 84258710 141 6000SH
TEXAS UTILS CO COM COMM 88284810 551 15500SH
WESTERN RES INC COM COMM 95942510 85 5000SH
AGL RES INC COM COMM 120410 301 17700SH
CTG RES INC COM COMM 12595710 348 10000SH
NORTHWEST NAT GAS CO COM COMM 66765510 143 6500SH
PEOPLES ENERGY CORP COM COMM 71103010 268 8000SH
WILLIAMS COS INC DEL COM COMM 96945710 458 15000SH
ALLTEL CORP COM COMM 2003910 583 7049SH
BELL ATLANTIC CORP COM COMM 7785310 2816 45744SH
BELLSOUTH CORP COM COMM 7986010 665 14200SH
GTE CORP COM COMM 36232010 493 6980SH
SBC COMMUNICATIONS INC COM COMM 78387G10 3353 68774SH
SPRINT CORP COM FON GROUP COMM 85206110 518 7700SH
U S WEST INC NEW COM COMM 91273H10 97 1353SH
AQUARION CO COM COMM 03838W10 555 15000SH
EASTMAN KODAK CO COM COMM 27746110 1299 19600SH
PARKER HANNIFIN CORP COM COMM 70109410 378 7375SH
NATIONAL ENERGY GROUP COM COMM 63581210 0 10SH
ROYAL OAK MINES INC COM COMM 78051D10 0 100SH
CSX CORP COM COMM 12640810 251 8000SH
UNION PAC CORP COM COMM 90781810 306 7000SH
FEDEX CORP COMM 31428X10 1351 33010SH
UNITED PARCEL SERVICE CL B COMM 91131210 476 6900SH
ASSET MGMT FD ADJ RATE MTG 4541910 2017 205024SH
DUFF&PHELPS UTILS INCM COM 26432410 249 30000SH
TOTAL PORTFOLIO
