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FORM 13F INFORMATION TABLE
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
SHARES OR INVEST DISCRET (-------VOTING AUTHORITY-------)
FAIR MARKET PRINCIPAL SOLE OTHER (S H A R E S)
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE AMOUNT SHRD MGRS (A)SOLE (B)SHARED (C)NONE
- -------------- -------------- ------- ---------- -------- ----- ----- --------------------------------
ABBOTT LABS COM 002824100 7,591,269 165,600 SOLE 165,600 0 0
ALASKA AIR GROUP INC. COM 011659109 2,087,041 49,989 SOLE 49,989 0 0
ALBERTSONS INC COM 013104104 5,359,301 101,963 SOLE 101,963 0 0
ALLTEL CORP. COM 020039103 5,325,684 73,098 SOLE 73,098 0 0
AMERICAN ELECTRIC POWER COM 025537101 1,519,106 38,640 SOLE 38,640 0 0
AMERICAN EXPRESS COM 025816109 10,470,349 79,476 SOLE 79,476 0 0
AMERICAN HOME PRODUCTS CORP. COM 026609107 6,092,828 104,334 SOLE 104,334 0 0
AMERICAN INT'L GROUP COM 026874107 9,786,506 82,610 SOLE 82,610 0 0
AMGEN INC. COM 031162100 8,351,614 135,648 SOLE 135,648 0 0
ANHEUSER BUSCH COM 035229103 4,985,226 69,135 SOLE 69,135 0 0
ATLANTIC RICHFIELD COMPANY COM 048825103 8,035,454 94,975 SOLE 94,975 0 0
AUTOMATIC DATA PROCESSING COM 053015103 7,361,955 164,973 SOLE 164,973 0 0
BP AMOCO PLC - ADR COM 055622104 3,150,298 29,035 SOLE 29,035 0 0
BRE PROPERTIES, INC. COM 05564E106 6,391,503 241,950 SOLE 241,950 0 0
BANCO SANTANDER CEN - SPON ADR COM 05964H105 177,894 16,842 SOLE 16,842 0 0
BANK ONE CORP COM 06423A103 2,205,480 37,028 SOLE 37,028 0 0
BAXTER INTERNATIONAL COM 071813109 963,794 15,898 SOLE 15,898 0 0
BELL ATLANTIC CORP. COM 077853109 3,676,240 56,233 SOLE 56,233 0 0
BESTFOODS COM 086580101 235,620 4,760 SOLE 4,760 0 0
BRISTOL-MYERS SQUIBB COMPANY COM 110122108 8,784,345 124,711 SOLE 124,711 0 0
CBRL GROUP INC. COM 12489V106 4,334,346 243,362 SOLE 243,362 0 0
CSX CORP COM 126408103 3,581,222 78,925 SOLE 78,925 0 0
CAMDEN PROPERTY TRUST COM 133131102 1,686,728 60,783 SOLE 60,783 0 0
CARNIVAL CORP - CL A COM 143658102 9,899,123 201,734 SOLE 201,734 0 0
CENTURYTEL INC COM 156700106 11,786,691 293,393 SOLE 293,393 0 0
CHEVRON CORP. COM 166751107 3,047,871 32,062 SOLE 32,062 0 0
CISCO SYSTEMS INC COM 17275R102 1,938,280 30,080 SOLE 30,080 0 0
COASTAL CORP COM 190441105 724,903 18,010 SOLE 18,010 0 0
COMPUTER SCIENCES CORP COM 205363104 2,206,735 31,895 SOLE 31,895 0 0
CONAGRA INC. COM 205887102 3,929,717 147,595 SOLE 147,595 0 0
CONSOLIDATED NATURAL GAS COM 209615103 3,511,952 57,810 SOLE 57,810 0 0
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 272,211 14,714 SOLE 14,714 0 0
WALT DISNEY COMPANY COM 254687106 2,435,386 79,039 SOLE 79,039 0 0
DOW CHEMICAL COM 260543103 784,088 6,180 SOLE 6,180 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 3,342,242 48,912 SOLE 48,912 0 0
EASTMAN KODAK CO COM 277461109 2,993,534 44,185 SOLE 44,185 0 0
ELECTRONIC DATA SYSTEMS CORP COM 285661104 8,291,439 144,607 SOLE 144,607 0 0
EMERSON ELECTRIC CO COM 291011104 2,001,532 30,257 SOLE 30,257 0 0
EQUITY RESIDENTIAL PROPS TRUST COM 29476L107 1,866,637 41,423 SOLE 41,423 0 0
L.M. ERICSSON SPONSORED ADR COM 294821400 219,528 6,665 SOLE 6,665 0 0
EXXON CORPORATION COM 302290101 423,650 5,493 SOLE 5,493 0 0
FANNIE MAE COM 313586109 8,536,496 123,543 SOLE 123,543 0 0
FIRST UNION CORP COM 337358105 5,909,145 125,393 SOLE 125,393 0 0
FLEET FINANCIAL GROUP INC COM 338915101 10,764,357 240,139 SOLE 240,139 0 0
FLETCHER CHAL FORESTS - SP ADR COM 339324402 111,378 19,370 SOLE 19,370 0 0
FORD MOTOR CO COM 345370100 3,746,321 66,380 SOLE 66,380 0 0
GTE CORPORATION COM 362320103 7,275,355 94,939 SOLE 94,939 0 0
GANNETT COMPANY COM 364730101 10,973,714 80,232 SOLE 80,232 0 0
GAP, INC. COM 364760108 3,581,630 71,099 SOLE 71,099 0 0
GENERAL ELECTRIC COM 369604103 2,030,177 17,966 SOLE 17,966 0 0
GENERAL MILLS CO COM 370334104 278,901 3,470 SOLE 3,470 0 0
GENERAL MOTORS CORP. COM 370442105 1,601,292 24,262 SOLE 24,262 0 0
GENTEX CORP. COM 371901109 1,617,140 57,755 SOLE 57,755 0 0
GOODYEAR TIRE & RUBBER CO COM 382550101 310,236 5,275 SOLE 5,275 0 0
HARRAH'S ENTERTAINMENT INC. COM 413619107 1,415,089 64,140 SOLE 64,140 0 0
HEINZ H.J. COMPANY COM 423074103 9,415,038 185,417 SOLE 185,417 0 0
HERSHEY FOODS CORP COM 427866108 2,358,207 38,245 SOLE 38,245 0 0
HOME DEPOT INC COM 437076102 1,848,821 28,692 SOLE 28,692 0 0
INTEL CORP COM 458140100 7,891,887 130,812 SOLE 130,812 0 0
INT'L FLAVORS & FRAGRANCES COM 459506101 1,016,618 23,105 SOLE 23,105 0 0
JOHNSON & JOHNSON COM 478160104 6,389,671 64,128 SOLE 64,128 0 0
KEMET CORP COM 488360108 1,080,359 47,100 SOLE 47,100 0 0
KIMBERLY-CLARK CORP COM 494368103 255,531 4,483 SOLE 4,483 0 0
LINCOLN NATIONAL CORP COM 534187109 4,439,534 83,011 SOLE 83,011 0 0
MELLON BANK CORP COM 585509102 1,345,942 37,002 SOLE 37,002 0 0
MERCK & COMPANY COM 589331107 8,527,527 114,269 SOLE 114,269 0 0
MINNESOTA MINING & MFG. CO COM 604059105 8,292,963 94,257 SOLE 94,257 0 0
MOBIL CORP. COM 607059102 6,083,427 60,624 SOLE 60,624 0 0
J.P. MORGAN & COMPANY COM 616880100 3,566,979 25,388 SOLE 25,388 0 0
NATIONAL CITY CORP COM 635405103 1,035,363 14,343 SOLE 14,343 0 0
PNC BANK CORP COM 693475105 8,619,465 147,500 SOLE 147,500 0 0
PPG INDUSTRIES INC COM 693506107 3,721,529 63,010 SOLE 63,010 0 0
PEPSICO, INC. COM 713448108 6,962,167 176,862 SOLE 176,862 0 0
PHARMACIA & UPJOHN, INC. COM 716941109 9,410,518 163,821 SOLE 163,821 0 0
PHILIP MORRIS COS INC COM 718154107 5,407,186 134,549 SOLE 134,549 0 0
SCHLUMBERGER LTD COM 806857108 794,718 12,478 SOLE 12,478 0 0
SEARS ROEBUCK & CO COM 812387108 3,516,873 78,920 SOLE 78,920 0 0
SERVICEMASTER COMPANY COM 81760N109 1,518,877 81,007 SOLE 81,007 0 0
SNAP ON, INC. COM 833034101 6,910,506 187,641 SOLE 187,641 0 0
WENDY'S INTERNATIONAL INC COM 950590109 5,203,525 179,701 SOLE 179,701 0 0
WEYERHAEUSER CO. COM 962166104 313,844 4,565 SOLE 4,565 0 0
TRANSOCEAN OFFSHORE INC COM G90076103 5,895,567 219,716 SOLE 219,716 0 0
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