FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
Check here if Amentment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: CNA Financial Corporation
Address: CNA Plaza
Chicago, Il 60685
13F File Number: 28-346
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: Lynne Gugenheim
Title: Group Vice President and Deputy General Counsel
Phone: (312) 822 4921
Signature, Place, and Date of Signing:
Chicago, Illinois, August 11, 2000
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
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Loews Corporation also has investment discretion over the securities reported
on herein by CNA Financial Corportion, Continental Assurance Company,
Continental Casualty Company,and The Continental Corporation. Loews Corporation
will report separately on securities overwhich it has investment discretion
which are not part of such holdings.
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FORM 13F INFORMATION TABLE
VALUE OTHER SHARES/ SH/PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x1000) MANAGERS PRN AMT PRN CALL DSCRETN SOLE SHRED NONE
ACME COMMUNICATIONS INC COM 004631107 12,311 2,3 674,595 SH DEFINED 674,595 0 0
ADVANCED ENERGY SUB NT CV5,25%06 007973AA8 4,796 1,3 3,550,000 PRN DEFINED
ADVANTICA RESTAURANT GRP COM 00758B109 3,753 2,3 3,877,287 SH DEFINED 3,877,287 0 0
AES CORP JR SBDB CV4.5%05 00130HAN5 5,317 1,3 3,045,000 PRN DEFINED
AFFIL COMPUTER SB NT CV 4% 05 008190AD2 4,602 1,3 4,720,000 PRN DEFINED
AGILENT TECHNOLOGIES INC COM 00846U101 3,097 1,3 42,000 SH DEFINED 42,000 0 0
AGNICO-EAGLE MINES LTD COM 008474108 1,545 2,3 240,000 SH DEFINED 240,000 0 0
ALCOA INC COM 013817101 9,692 1,2,3 334,200 SH DEFINED 334,200 0 0
ALLIN COMMUNICATIONS CORP COM 019924109 786 2,3 340,000 SH DEFINED 340,000 0 0
ALLTEL CORP COM 020039103 6,216 2,3,4 100,352 SH DEFINED 100,352 0 0
AMERADA HESS COM 023551104 1,544 2,3 25,000 SH DEFINED 25,000 0 0
AMERICA ONLINE INC COM 02364J104 3,323 1,3 63,000 SH DEFINED 63,000 0 0
AMERICA WEST HOLDINGS CL B 023657208 364 1,3 21,278 SH DEFINED 21,278 0 0
AMERICAN BUSINESS FINL SVCS COM 02476B106 286 2,3 25,042 SH DEFINED 25,042 0 0
AMERICAN CAPITAL STRATEGIES COM 024937104 3,880 2,3 162,500 SH DEFINED 162,500 0 0
AMERICAN EXPRESS COM 025816109 4,431 1,3 85,000 SH DEFINED 85,000 0 0
AMERICAN INTL GROUP INC COM 026874107 1,072 2,3 9,127 SH DEFINED 9,127 0 0
AMERICAN TOWER NT CV 144A 5%10 029912AE2 971 1,3 960,000 PRN DEFINED
AMR CORP COM 001765106 1,256 2,3 47,500 SH DEFINED 47,500 0 0
ANADARKO PETROLEUM CORP COM 032511107 4,882 2,3 99,000 SH DEFINED 99,000 0 0
ANHEUSER BUSCH CO COM 035229103 2,622 2,3 35,100 SH DEFINED 35,100 0 0
ANTEC CORP SB NT CV 144A 03 03664PAA3 3,983 2,3 1,250,000 PRN DEFINED
AON CORP COM 037389103 795 2,3 25,600 SH DEFINED 25,600 0 0
APPLIED MATERIALS INC. COM 038222105 8,609 1,3 95,000 SH DEFINED 95,000 0 0
ARCHER DANIELS COM 039483102 9,321 2,3 949,978 SH DEFINED 949,978 0 0
ARGUSS COMMUNICATIONS INC COM 040282105 7,947 2,3 421,012 SH DEFINED 421,012 0 0
ASHANTI GOLDFIELDS-SPNS GD GLOB DEP RCPT 043743202 1,015 2,3 580,000 SH DEFINED 580,000 0 0
AT & T CORPORATION COM 001957109 12,725 2,3 400,000 SH DEFINED 400,000 0 0
BANK UNITED CORP-CL A CL A 065412108 2,463 1,3 70,000 SH DEFINED 70,000 0 0
BAYCORP HOLDINGS LTD COM 072728108 3,140 1,3 386,442 SH DEFINED 386,442 0 0
BECTON DICKINSON & CO COM 075887109 3,586 2,3 125,000 SH DEFINED 125,000 0 0
BELL ATLANTIC CORP COM 077853109 2,287 1,3 45,000 SH DEFINED 45,000 0 0
BEVERLY ENTERPRISES INC COM NEW 087851309 2,348 2,3 834,900 SH DEFINED 834,900 0 0
BLACKROCK INSD MUNI TERM TR COM 092474105 894 2,3 89,400 SH DEFINED 89,400 0 0
BLACKROCK MUNI TARGET TRST COM 09247M105 866 2,3 85,500 SH DEFINED 85,500 0 0
BLOCK H & R INC COM 093671105 22 2,3 85,000 SH DEFINED 85,000 0 0
BOEING COMPANY COM 097023105 7,317 2,3 175,000 SH DEFINED 175,000 0 0
BOSTON PROPERTIES INC COM 101121101 8,324 3 215,500 SH DEFINED 215,500 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 8,738 1,3 150,000 SH DEFINED 150,000 0 0
BUCKHEAD AMERICA CORP COM 11835A105 111 1,3 21,579 SH DEFINED 21,579 0 0
BURLINGTON RESOURCES INC COM 122014103 3,634 1,3 95,000 SH DEFINED 95,000 0 0
CABOT INDUSTRIAL TRUST COM 127072106 276 1,3 14,000 SH DEFINED 14,000 0 0
CAMBREX CORP COM 132011107 383 3 8,500 SH DEFINED 8,500 0 0
CANADIAN NATL RAILWAY CO COM 136375102 7 1,3 224 SH DEFINED 224 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 2,231 2,3 50,000 SH DEFINED 50,000 0 0
CARDINAL HEALTH INC. COM 14149Y108 4,782 1,3 64,625 SH DEFINED 64,625 0 0
CATELLUS DEVELOPMENT CORP COM 149111106 1,616 2,3 107,724 SH DEFINED 107,724 0 0
CENTRAL VERMONT PUB SERV COM 155771108 518 2,3 47,100 SH DEFINED 47,100 0 0
CH ENERGY GROUP INC. COM 12541M102 1,103 2,3 32,500 SH DEFINED 32,500 0 0
CISCO SYSTEMS INC COM 17275R102 12,712 1,3 200,000 SH DEFINED 200,000 0 0
CITIGROUP INC COM 172967101 4,880 1,3 81,000 SH DEFINED 81,000 0 0
CNA INCOME SHARES INC COM 126119106 1,025 2,3 130,042 SH DEFINED 130,042 0 0
CNA SURETY CORPORATION COM 12612L108 323,463 2,3,4 27,096,347 SH DEFINED 27,096,347 0 0
COMCAST CORP CL A SPL CL A SPL 200300200 8,910 1,2,3 220,000 SH DEFINED 220,000 0 0
COMMUNICATION INTELLIGENCE COM 20338K106 3,363 2,3 750,000 SH DEFINED 750,000 0 0
CONECTIV INC COM 206829103 1,050 2,3 67,500 SH DEFINED 67,500 0 0
CONSOLIDATED EDISON INC COM 209115104 1,037 2,3 35,000 SH DEFINED 35,000 0 0
CREDENCE SYSTEMS CORP COM 225302108 331 3 6,000 SH DEFINED 6,000 0 0
CRESCENT REAL ESTATE EQT COM 225756105 1,229 2,3 60,000 SH DEFINED 60,000 0 0
CROWN RESOURCE CORP/COLO COM 228569109 355 2,3 501,400 SH DEFINED 501,400 0 0
DOW CHEMICAL CORP COM 260543103 4,890 2,3 162,000 SH DEFINED 162,000 0 0
DU PONT DE NEMOURS E.I. COM 263534109 2,844 2,3 65,000 SH DEFINED 65,000 0 0
EAST-WEST BANCORP INC. COM 27579R104 28,750 2,3 2,000,000 SH DEFINED 2,000,000 0 0
EBIX.COM INC COM 278715107 1,553 3,4 304,924 SH DEFINED 304,924 0 0
EMC CORPORATION COM 268648102 6,647 1,3 86,400 SH DEFINED 86,400 0 0
EMERSON ELECTRIC COMPANY COM 291011104 5,784 1,2,3 95,800 SH DEFINED 95,800 0 0
ENCOMPASS SERVICES CORP COM 29255U104 393 2,3 68,397 SH DEFINED 68,397 0 0
ENGEL GENERAL DEVELOPERS ORD M40515104 390 2,3 120,000 SH DEFINED 120,000 0 0
ENRON CORP COM 293561106 9,030 1,3 140,000 SH DEFINED 140,000 0 0
EQUANT NV-NY REGISTERD SHR NY REG SHS 294409107 1,935 1,3 45,000 SH DEFINED 45,000 0 0
EQUITY OFFICE PROPERTIES TR COM 294741103 1,378 3 50,000 SH DEFINED 50,000 0 0
EQUITY OFFICE PROPERTIES TR PFD CV B 5.25% 294741509 1,758 2,3 41,600 SH DEFINED 41,600 0 0
EQUITY RESIDENTIAL PROp TR SH BEN INT 29476L107 9,197 3 200,000 SH DEFINED 200,000 0 0
ERICSSON (LM) TEL-SP ADR ADR CL B SEK10 294821400 300 3 15,000 SH DEFINED 15,000 0 0
ESTEE LAUDER COMPANIES CL A 518439104 49 2,3 1,000 SH DEFINED 1,000 0 0
EXCITE@HOME SB NT CV 144A 06 045919AD9 12,996 1,2,3 18,500,000 PRN DEFINED
FIRST DATA CORP COM 319963104 3,722 1,3 75,000 SH DEFINED 75,000 0 0
FORD MOTOR COMPANY COM 345370100 4,958 2,3 115,300 SH DEFINED 115,300 0 0
FRIEDMAN BILLINGS RAMSEY-A CL A 358433100 414 2,3 51,000 SH DEFINED 51,000 0 0
GENENTECH INC SUB DEB CV 5%02 368710AA7 6,878 2,3 7,165,000 PRN DEFINED
GENERAL COMMUNICATION -CL CL A 369385109 40 1,3 7,913 SH DEFINED 7,913 0 0
GENERAL ELECTRIC CO COM 369604103 6,837 1,3 129,000 SH DEFINED 129,000 0 0
GENERAL MOTORS CORP COM 370442105 8,568 2,3 147,563 SH DEFINED 147,563 0 0
GENERAL MOTORS CORP CLASS H CL H NEW 370442832 1,709 2,3 19,420 SH DEFINED 19,420 0 0
GENZYME CORP SB NT CV 5.25%05 372917AF1 4,465 1,3 2,700,000 PRN DEFINED
GILLETTE CO. COM 375766102 3,284 1,3 94,000 SH DEFINED 94,000 0 0
GLAMIS GOLD LTD COM 376775102 2,233 2,3 1,152,840 SH DEFINED 1,152,840 0 0
GLENBOROUGH REALTY TRST COM 37803P105 436 2,3 25,000 SH DEFINED 25,000 0 0
GLOBAL CROSSING LTD COM G3921A100 742,394 2,3 28,215,035 SH DEFINED 28,215,035 0 0
GOLD STANDARD INC COM PAR $0.001 380724302 186 2,3 82,813 SH DEFINED 82,813 0 0
GOLDCORP INC-CL A CL A SUB VTG 380956102 536 2,3 75,000 SH DEFINED 75,000 0 0
GOLDEN STATE BANCORP COM 381197102 2,704 2,3 150,100 SH DEFINED 150,100 0 0
HAYES LEMMERZ INTL INC COM COM 420781106 3,432 2,3 284,500 SH DEFINED 284,500 0 0
HEALTHCARE REALTY TRUST INC COM 421946104 5,581 2,3 326,500 SH DEFINED 326,500 0 0
HEALTHSOUTH CORP. COM 421924101 7,187 2,3 1,000,000 SH DEFINED 1,000,000 0 0
HEWLET-PACKARD SB LYON ZERO 17 428236AC7 10,395 2,3 11,000,000 PRN DEFINED
HEWLETT-PACK FIN SBLYON144AZERO17 428236AA1 14,175 2,3 15,000,000 PRN DEFINED
HOME DEPOT COM 437076102 599 3 12,000 SH DEFINED 12,000 0 0
HORIZON GROUP PROPERTIES COM 44041U102 2 2,3 630 SH DEFINED 630 0 0
HOUSEHOLD INTL INC COM 441815107 2,078 2,3 50,000 SH DEFINED 50,000 0 0
HUMANA INC. COM 444859102 926 2,3 190,000 SH DEFINED 190,000 0 0
IKON MBIA INC. COM 55262C100 1,928 2,3 40,000 SH DEFINED 40,000 0 0
ILLINOIS TOOL WORKS INC COM 452308109 2,953 1,3 51,800 SH DEFINED 51,800 0 0
INFINITY BROADCASTING CORP CL A 45662S102 3,498 1,3 96,000 SH DEFINED 96,000 0 0
INSWEB CORPORATION COM 45809K103 2,978 2,3 1,401,467 SH DEFINED 1,401,467 0 0
INTEL CORP COM 458140100 4,626 1,3 34,600 SH DEFINED 34,600 0 0
INTERMEDIA COMMUNICATIONS COM 458801107 3,332 1,3 112,000 SH DEFINED 112,000 0 0
INTERNATIONAL BUSINESS MCH COM 459200101 9,028 1,2,3 82,400 SH DEFINED 82,400 0 0
INTERNATIONAL PAPER CO. COM 460146103 5,217 2,3 175,000 SH DEFINED 175,000 0 0
INTERSTATE BAKERIES COM 46072H108 1,936 2,3 138,300 SH DEFINED 138,300 0 0
JPS INDUSTRIES INC COM 46624E405 2,201 2,3 419,243 SH DEFINED 419,243 0 0
KEMPER INTERMEDIATE GOVT SH BEN INT 488413105 964 2,3 149,800 SH DEFINED 149,800 0 0
KEYSPAN CORPORATION COM 49337W100 6,063 2,3 197,160 SH DEFINED 197,160 0 0
KEYSTONE FINANCIAL INC COM 493482103 21 3,4 1,013 SH DEFINED 1,013 0 0
KROGER COMPANY COM 501044101 7,594 1,2,3 344,200 SH DEFINED 344,200 0 0
LASALLE RE HOLDINGS ORD G5383Q101 20,222 2,3 1,425,354 SH DEFINED 1,425,354 0 0
LIBERTY MEDIA COM LIB GRP A 001957208 13,533 1,3 558,048 SH DEFINED 558,048 0 0
LIBERTY PROPERTY TRUST SH BEN INT 531172104 10,440 2,3 402,500 SH DEFINED 402,500 0 0
LIGHTSPAN INC COM 53226T103 41 1,3 7,500 SH DEFINED 7,500 0 0
LILLY (ELI) & CO. COM 532457108 779 1,3 7,800 SH DEFINED 7,800 0 0
LORAL SPACE & COMMUNICATION COM G56462107 1,120 1,3 161,500 SH DEFINED 161,500 0 0
LSI CORP COM 502161102 1,624 1,3 30,000 SH DEFINED 30,000 0 0
MACK-CALI REALTY CORP COM 554489104 257 2,3 10,000 SH DEFINED 10,000 0 0
MCLEODUSA INC-CL A CL A 582266102 676 2,3 32,664 SH DEFINED 32,664 0 0
MEDIAONE GROUP, INC COM 58440J104 854 1,3 12,917 SH DEFINED 12,917 0 0
MEDTRONIC INC COM 585055106 5,978 1,3 120,000 SH DEFINED 120,000 0 0
MELLON FINANCIAL CORP COM 58551A108 474 3 13,000 SH DEFINED 13,000 0 0
MERIDIAN GOLD INC COM 589975101 395 2,3 65,000 SH DEFINED 65,000 0 0
MGIC AETNA INC. COM 008117103 321 2,3 5,000 SH DEFINED 5,000 0 0
MGIC GPU INC. COM 36225X100 947 2,3 35,000 SH DEFINED 35,000 0 0
MICROCELL TELECOMMUN CL B NON VTG 59501T304 385 2,3 10,647 SH DEFINED
MICRON TECHNOLOGY INC COM 595112103 1,321 1,3 15,000 SH DEFINED 15,000 0 0
MICROSOFT CORP COM 594918104 3,840 1,3 48,000 SH DEFINED 48,000 0 0
MOLEX - CLASS A NON-VOTING CL A 608554200 3,045 1,3 86,993 SH DEFINED 86,993 0 0
MOTOROLA INC COM 620076109 3,400 1,3 117,000 SH DEFINED 117,000 0 0
MSDW ASIA PACIFIC FUND COM 61744U106 3,121 2,3 306,400 SH DEFINED 306,400 0 0
MSDW INDIA INVESTMENT FUND COM 61745C105 797 2,3 66,400 SH DEFINED 66,400 0 0
MSDW INSURED MUNICIPAL INC INSD MUN INCM 61745P791 757 2,3 57,400 SH DEFINED 57,400 0 0
MUNIVEST FUND INC COM 626295109 5,423 2,3 711,200 SH DEFINED 711,200 0 0
MUNIYIELD INSURED FUND INC COM 62630E107 2,823 2,3 227,000 SH DEFINED 227,000 0 0
MUNIYIELD QUALITY FUND COM 626302103 8,363 2,3 693,300 SH DEFINED 693,300 0 0
NACCO INDS INC CL A CL A 629579103 601 2,3 17,100 SH DEFINED 17,100 0 0
NETOPIA INC COM 64114K104 642 3,4 15,957 SH DEFINED 15,957 0 0
NIAGARA MOHAWK HOLDINGS INC COM 653520106 3,299 2,3 236,700 SH DEFINED 236,700 0 0
NOKIA CORP -SPON ADR SPONSORED ADR 654902204 2,747 1,3 55,000 SH DEFINED 55,000 0 0
NORFOLK SOUTHERN CORP. COM 655844108 3,577 2,3 240,500 SH DEFINED 240,500 0 0
NORTH FORK BANCORPORATION COM 659424105 2,229 2,3 147,250 SH DEFINED 147,250 0 0
NUVEEN MUNICIPAL VALUE FUND COM 670928100 378 2,3 44,800 SH DEFINED 44,800 0 0
OGE ENERGY CORP COM 670837103 1,467 2,3 79,300 SH DEFINED 79,300 0 0
ON COMMAND CORPORATION COM 682160106 5,023 2,3 352,480 SH DEFINED 352,480 0 0
ON COMMAND CORP- CLASS B WT WT B EX 100703 682160122 500 2,3 123,130 SH CALL DEFINED
OWENS-ILL INC PFD CONV $.01 690768502 1,466 2,3 65,900 SH DEFINED 65,900 0 0
PACTIV CORPORATION COM 695257105 2,756 2,3 350,000 SH DEFINED 350,000 0 0
PENNEY (J.C.) CO. INC. COM 708160106 3,595 2,3 195,000 SH DEFINED 195,000 0 0
PEPSI BOTTLING GROUP INC COM 713409100 6,590 2,3 225,800 SH DEFINED 225,800 0 0
PEPSICO INCORPORATED COM 713448108 4,088 1,3 92,000 SH DEFINED 92,000 0 0
PFIZER INC COM 717081103 6,384 1,3 133,000 SH DEFINED 133,000 0 0
PHARMACIA CORPORATION COM 71713U102 4,135 1,3 80,000 SH DEFINED 80,000 0 0
PITNEY-BOWES INC COM 724479100 1,800 1,3 45,000 SH DEFINED 45,000 0 0
PLACER DOME INC COM 725906101 4,498 2,3 470,352 SH DEFINED 470,352 0 0
POLICY MANAGEMENT SYSTEMS COM 731108106 23,355 2,3 1,519,024 SH DEFINED 1,519,024 0 0
POTASH CORP OF SASKATCHEWAN COM 73755L107 4,851 2,3 87,900 SH DEFINED 87,900 0 0
POTOMAC ELECTRIC POWER COM 737679100 8,206 2,3 315,600 SH DEFINED 315,600 0 0
PRIME HOSPITALITY CORP COM 741917108 60 2,3 6,375 SH DEFINED 6,375 0 0
PRIME RETAIL INC COM 741570105 16 2,3 12,600 SH DEFINED 12,600 0 0
PRISON REALTY TRUST INC COM 74264N105 530 2,3 157,000 SH DEFINED 157,000 0 0
PSINET INC COM 74437C101 20,350 1,3 81,000 SH DEFINED 81,000 0 0
QWEST COMMUNICATIONS INTL COM 749121109 500 3 10,000 SH DEFINED 10,000 0 0
RADIO ONE INC CL A 75040P108 744 3,4 25,173 SH DEFINED 25,173 0 0
RATIONAL SOFTWAR SUB NT CV 144A07 75409PAA1 5,252 1,3 3,600,000 SH DEFINED 3,600,000 0 0
RAYTHEON CO. COM CL B 755111408 731 2,3 38,000 SH DEFINED 38,000 0 0
RGS ENERGY GROUP INC COM 74956K104 1,726 2,3 77,500 SH DEFINED 77,500 0 0
RHYTHMS NETCONNECTIONS INC COM 762430205 63 2,3 5,000 SH DEFINED 5,000 0 0
ROBERT MONDAVI CORP-CL A CL A 609200100 307 3 10,000 SH DEFINED 10,000 0 0
ROCKWELL INTL CORP COM 773903109 3,011 2,3 95,600 SH DEFINED 95,600 0 0
ROSS STORES INC COM 778296103 341 2,3 20,000 SH DEFINED 20,000 0 0
RYDER SYSTEM INC COM 783549108 1,894 2,3 100,000 SH DEFINED 100,000 0 0
SAFEWAY INC COM NEW 786514208 3,610 1,3 80,000 SH DEFINED 80,000 0 0
SANMINA CORP SB DB CV 144A 05 800907AA5 2,276 1,3 1,130,000 PRN DEFINED 0 0
SANMINA CORP SUB NTCV 4.25%04 800907AB3 826 1,3 410,000 PRN DEFINED 0 0
SCANA CORP COM 80589M102 9,650 2,3 400,000 SH DEFINED 400,000 0 0
SCHERING PLOUGH COM 806605101 6,060 1,3 120,000 SH DEFINED 120,000 0 0
SCHLUMBERGER LIMITED COM 806857108 4,821 1,3 64,600 SH DEFINED 64,600 0 0
SEAGATE TECHNOLOGY INC. COM 811804103 825 2,3 15,000 SH DEFINED 15,000 0 0
SFX ENTERTAINMENT INC CL A 784178105 45 2,3 1,000 SH DEFINED 1,000 0 0
SIEBEL SYSTEMS INC COM 826170102 2,453 1,3 15,000 SH DEFINED 15,000 0 0
SIERRA PACIFIC RESOURCES COM 826428104 974 2,3 77,500 SH DEFINED 77,500 0 0
SIRIUS SATELLITE RADIO INC COM 82966U103 107,345 2,3 2,422,472 SH DEFINED 2,422,472 0 0
SIX FLAGS INC COM NEW 740540208 248 3 10,900 SH DEFINED 10,900 0 0
SMITH CHARLES E RESIDENTIAL COM 832197107 285 2,3 7,500 SH DEFINED 7,500 0 0
SOLECTRON CORP COM 834182107 2,303 1,3 55,000 SH DEFINED 55,000 0 0
SPANISH BROADCASTING SYS CL A 846425882 206 2,3 10,000 SH DEFINED 10,000 0 0
SPRINT CORP COM FON GROUP 852061100 5,297 1,3,4 103,856 SH DEFINED 103,856 0 0
SPRINT CORP (PCS GROUP) PCS COM SER 1 852061506 85 3,4 1,428 SH DEFINED 1,428 0 0
STAR GAS PARTNER-SEN SUB SR SUB UN LTD 85512C204 284 2,3 42,434 PRN DEFINED
STMICROELECTRON SUB LYON ZERO 09 861012AB8 42,257 1,2,3 24,550,000 PRN DEFINED
STORAGE TECHNOLOGY /NEW/COM COM PAR $0.10 862111200 30 1,3 2,754 SH DEFINED 2,754 0 0
SUN MICROSYSTEMS INC COM 866810104 6,820 1,3 75,000 SH DEFINED 75,000 0 0
SUNBEAM CORP SRSDCV ZRO144A18 867071AA0 15,278 2,3 97,000,000 PRN DEFINED
TAUBMAN CENTERS INC COM 876664103 8,250 3 750,000 SH DEFINED 750,000 0 0
TECNOMATIX TECHNOLOGIES LTD ORD M8743P105 14 2,3 1,000 SH DEFINED 1,000 0 0
TELLABS INC COM 879664100 4,859 1,3 71,000 SH DEFINED 71,000 0 0
TEXAS INSTRUMENTS INCORP COM 882508104 5,426 1,3 79,000 SH DEFINED 79,000 0 0
TEXTRON INC COM 883203101 1,901 1,3 35,000 SH DEFINED 35,000 0 0
THE HEALTHCARE COMPANY COM 404119109 2,430 2,3 80,000 SH DEFINED 80,000 0 0
THOUSAND TRAILS, INC COM 885502104 718 2,3 159,660 SH DEFINED 159,660 0 0
TRANSOCEON SEDCO FOREX INC ORD G90078109 2,704 1,3 50,606 SH DEFINED 50,606 0 0
TRIBUNE CO NEW COM 896047107 3,815 1,2,3 109,000 SH DEFINED 109,000 0 0
TRIQUINT SEMICON SB NT CV 144A 07 89674KAA1 981 1,3 1,080,000 PRN DEFINED
TVX GOLD INC COM 87308K101 1,564 2,3 2,501,900 SH DEFINED 2,501,900 0 0
TYCO INTERNATIONAL LTD COM 902124106 4,595 1,3 97,000 SH DEFINED 97,000 0 0
UGLY DUCKLING CORP COM 903512101 353 2,3 50,000 SH DEFINED 50,000 0 0
UNION PACIFIC COM 907818108 2,421 2,3 65,100 SH DEFINED 65,100 0 0
UNION PACIFIC RESOURCES GRP COM 907834105 4,950 2,3 225,000 SH DEFINED 225,000 0 0
UNOCAL CORP COM 915289102 4,803 2,3 145,000 SH DEFINED 145,000 0 0
US AIR GROUP INC COM 911905107 293 2,3 7,500 SH DEFINED 7,500 0 0
US WEST INC COM 91273H101 25 3,4 293 SH DEFINED 293 0 0
USEC INC COM 90333E108 275 2,3 59,500 SH DEFINED 59,500 0 0
UST INC COM 902911106 14,687 2,3 1,000,000 SH DEFINED 1,000,000 0 0
USX - MARATHON GROUP INC COM NEW 902905827 2,256 2,3 90,000 SH DEFINED 90,000 0 0
VAN KAMPEN ADV MUNI INCOME SH BEN INT 921124103 1528.8 2,3 120,500 SH DEFINED 120,500 0 0
VAN KAMPEN MUNI OPPOR TR-II COM 920944105 486 2,3 43,000 SH DEFINED 43,000 0 0
VAN KAMPEN MUNI OPPOR TRUST COM 920935103 920 2,3 67,500 SH DEFINED 67,500 0 0
VAN KAMPEN VALUE MUNI INC COM 921132106 2,018 2,3 171,700 SH DEFINED 171,700 0 0
WAL MART STORES INC COM 931142103 3,141 1,3 54,500 SH DEFINED 54,500 0 0
WASHINGTON GAS LIGHT CO COM 938837101 1,251 2,3 52,000 SH DEFINED 52,000 0 0
WASTE MANAGEMENT INC COM 94106L109 1,710 2,3 90,000 SH DEFINED 90,000 0 0
WELLS FARGO & COMPANY COM 949746101 3,875 1,3 100,000 SH DEFINED 100,000 0 0
WILLIAMS COMMUNICATIONS GRP CL A 969455104 2,647 2,3 80,000 SH DEFINED 80,000 0 0
WILLIAMS COS INC COM 969457100 8,517 1,2,3,4 204,312 SH DEFINED 204,312 0 0
WIND RIVER SYSTM SUB NT CONV 5% 02 973149AC1 3,765 1,3 3,078,000 PRN DEFINED
WISCONSIN ENERGY CORP COM 976657106 1,209 2,3 61,000 SH DEFINED 61,000 0 0
WORLDCOM INC. COM 98157D106 4,129 1,3 90,000 SH DEFINED 90,000 0 0
XEROX CORP COM 984121103 1,612 2,3 77,700 SH DEFINED 77,700 0 0
XTRA CORP COM 984138107 635 1,3 16,089 SH DEFINED 16,089 0 0
</TABLE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 2,027,915 (in thousands)
Form 13F Information Table Value Total: 235
List of Other Included Managers:
No. 13F File Number Name
1 28-386 Continental Assurance Company
2 28-387 Continental Casualty Company
3 28-346 CNA Financial Corporation
4 28-172 The Continental Corporation
