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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13-F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT
MANAGERS PURSUANT TO SECTION 13(F) OF THE SECURITIES
EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended: March 31, 2000
Check here if Amendment:
Institutional Investment Manager Filing this Report:
Name: Trustees of the Pension Trust of
Bethlehem Steel Corporation and Subsidiary Companies
Address: Martin Tower
Bethlehem, Pennsylvania 18016-7699
Form 13F File Number: 28-313
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: Thomas G. Rutherford
Title: Trustee
Phone: 610-694-6388
Signature, Place and Date of Signing:
/s/ Thomas G. Rutherford
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Thomas G. Rutherford
Bethlehem, Pennsylvania
May 3, 2000
Report Type (Check only one.):
X 13F Holdings Report.
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13F Notice.
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13F Combination Report.
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Form 13F
SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 83
Form 13F Information Table Value Total: $2,496,955 (thousands)
List of Other Included Managers: None
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7
TITLE MARKET OTHER
OF CUSIP/ VALUE INVESTMENT MANAGERS
NAME OF ISSUER CLASS NUMBER (X $1000) SH/PRN DISCRETION
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<S> <C> <C> <C> <C> <C> <C>
ABBOTT LABS COM COMMON STK 002824100 10556 300000 SOLE
ADC TELECOMMUNICATIONS INC COM COMMON STK 000886101 2694 50000 SOLE
AIR PRODS & CHEMS INC COM COMMON STK 009158106 6398 225000 SOLE
ALTERA CORP COMMON STK 021441100 1339 15000 SOLE
AMERICAN HOME PRODS CORP COMMON STK 026609107 30100 560000 SOLE
AMERICAN INTL GROUP INC COM COMMON STK 026874107 28470 260000 SOLE
AMGEN INC COMMON STK 031162100 11048 180000 SOLE
AMSOUTH BANCORPORATION COMMON STK 032165102 13136 879373 SOLE
AON CORP COM COMMON STK 037389103 15480 480000 SOLE
AT & T CORP COMMON STK 001957109 32661 580000 SOLE
AUTOMATIC DATA PROCESSING INC COM COMMON STK 053015103 48733 1010000 SOLE
AVERY DENNISON CORP COMMON STK 053611109 16182 265000 SOLE
BANK OF AMERICA CORP COMMON STK 060505104 1049 20000 SOLE
BB & T CORP COMMON STK 054937107 6595 235000 SOLE
BECTON DICKINSON & CO COM COMMON STK 075887109 3289 125000 SOLE
BESTFOODS COM COMMON STK 08658U101 3979 85000 SOLE
BRISTOL MYERS SQUIBB CO COMMON STK 110122108 71920 1240000 SOLE
CADENCE DESIGN SYS INC COMMON STK 127387108 2166 105000 SOLE
CAPITAL ONE FINL CORP COMMON STK 14040H105 52252 1090000 SOLE
CHEVRON CORP COM COMMON STK 166751107 5546 60000 SOLE
CHOICEPOINT INC COMMON STK 170388102 2616 70000 SOLE
CISCO SYS INC COMMON STK 17275R102 82562 1067900 SOLE
CITIGROUP INC COMMON STK 172967101 173638 2900000 SOLE
CLOROX CO COM COMMON STK 189054109 31350 950000 SOLE
COMPAQ COMPUTER CORP COMMON STK 204493100 9720 360000 SOLE
DOLLAR GEN CORP COM COMMON STK 256669102 6988 260000 SOLE
EL PASO NAT GAS CO COMMON STK 283695872 8075 200000 SOLE
EMC CORP MASS COM COMMON STK 268648102 76230 605000 SOLE
EQUIFAX INC COMMON STK 294429105 15655 620000 SOLE
EXXON MOBIL CORP COMMON STK 30231G102 45983 590000 SOLE
FIRST DATA CORP COMMON STK 319963104 3550 80000 SOLE
</TABLE>
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<TABLE>
<CAPTION>
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7
TITLE MARKET OTHER
OF CUSIP/ VALUE INVESTMENT MANAGERS
NAME OF ISSUER CLASS NUMBER (X $1000) SH/PRN DISCRETION
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
FIRST UN CORP COM COMMON STK 337358105 22723 610000 SOLE
FRANKLIN RESOURCES INC COM COMMON STK 354613101 6019 180000 SOLE
GENERAL ELECTRIC CO COM COMMON STK 369604103 236550 1520000 SOLE
GILLETTE CO COM COMMON STK 375766102 4146 110000 SOLE
GOLDMAN SACHS GROUP INC COMMON STK 38141G104 1053 10000
GUIDANT CORP COMMON STK 401698105 12364 210000 SOLE
HEWLETT PACKARD CO COM COMMON STK 428236103 41856 315000 SOLE
INGERSOLL RAND CO COM COMMON STK 456866102 19913 450000 SOLE
INTEL CORP COM COMMON STK 458140100 219016 1660000 SOLE
JOHNSON & JOHNSON COMMON STK 478160104 21075 300000 SOLE
KIMBERLY CLARK CORP COM COMMON STK 494368103 20463 365000 SOLE
LILLY ELI & CO COM COMMON STK 532457108 59807 955000 SOLE
LORAL SPACE & COMMUNICATIONS COMMON STK G56462107 2329 230000 SOLE
LUCENT TECHNOLOGIES INC COMMON STK 549463107 64619 1055000 SOLE
MARRIOTT INTL INC NEW COMMON STK 571903103 2835 90000 SOLE
MASCO CORP COM COMMON STK 574599106 10558 515000 SOLE
MATTEL INC COM COMMON STK 577081102 7508 715000 SOLE
MAY DEPT STORES CO COM COMMON STK 577778103 4560 160000 SOLE
MBNA CORP COMMON STK 55262L100 22504 882500 SOLE
MCDONALDS CORP COM COMMON STK 580135101 40926 1095000 SOLE
MEDIAONE GROUP INC COMMON STK 58440J104 1620 20000 SOLE
MEDTRONIC INC COM COMMON STK 585055106 41150 800000 SOLE
MERCK & CO INC COM COMMON STK 589331107 60634 976000 SOLE
MICROSOFT CORP COM COMMON STK 594918104 62156 585000 SOLE
MOLEX INC CL A COMMON STK 608554200 34668 781250 SOLE
MORGAN J P & CO INC COM COMMON STK 616880100 17786 135000 SOLE
MOTOROLA INC COM COMMON STK 620076109 13140 90000 SOLE
NORTEL NETWORKS CORP COMMON STK 656569100 32793 260000 SOLE
ORACLE CORP COMMON STK 68389X105 82746 1060000 SOLE
</TABLE>
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<TABLE>
<CAPTION>
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7
TITLE MARKET OTHER
OF CUSIP/ VALUE INVESTMENT MANAGERS
NAME OF ISSUER CLASS NUMBER (X $1000) SH/PRN DISCRETION
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
PEPSICO INC COM COMMON STK 713448108 23541 675000 SOLE
PFIZER INC COM COMMON STK 717081103 117731 3220000 SOLE
PHILIP MORRIS COS INC COM COMMON STK 718154107 20703 980000 SOLE
PITNEY BOWES INC COM COMMON STK 724479100 10055 225000 SOLE
QUINTILES TRANSNATIONAL CORP COMMON STK 748767100 512 30000 SOLE
REGION FINL CORP COMMON STK 758940100 7414 325000 SOLE
ROYAL DUTCH PETE CO COMMON STK 780257705 27172 470000 SOLE
SBC COMMUNICATIONS INC COMMON STK 78387G103 76668 1820000 SOLE
SCHERING PLOUGH CORP COM COMMON STK 806605101 64598 1740000 SOLE
SEALED AIR CORP COM COMMON STK 812115103 7875 145000 SOLE
SHERWIN WILLIAMS CO COM COMMON STK 824348106 14381 650000 SOLE
SUNTRUST BKS INC COM COMMON STK 867914103 17903 310000 SOLE
SYMBOL TECHNOLOGIES INC COMMON STK 871508107 5556 67500 SOLE
TIFFANY & CO NEW COMMON STK 886547108 2927 35000 SOLE
TYCO INTL LTD NEW COMMON STK 902124106 3509 70000 SOLE
UNITED PARCEL SVC INC COMMON STK 911312106 441 7000 SOLE
UNITED TECHNOLOGIES CORP COM COMMON STK 913017109 34121 540000 SOLE
US BANCORP DEL COMMON STK 902973106 3828 175000 SOLE
VULCAN MATLS CO COM COMMON STK 929160109 19928 435000 SOLE
WARNER LAMBERT CO COM COMMON STK 934488107 488 5000 SOLE
WELLS FARGO & CO COM COMMON STK 949746101 31378 770000 SOLE
XEROX CORP COM COMMON STK 984121103 15860 610000 SOLE
XLINX INC COMMON STK 983919101 2898 35000 SOLE
</TABLE>
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<TABLE>
<CAPTION>
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ITEM 1 ITEM 8
VOTING AUTHORITY
SOLE SHARED NONE
NAME OF ISSUER (A) (B) (C)
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<S> <C> <C> <C>
ABBOTT LABS COM 300000 0 0
ADC TELECOMMUNICATIONS INC COM 50000 0 0
AIR PRODS & CHEMS INC COM 225000 0 0
ALTERA CORP 15000 0 0
AMERICAN HOME PRODS CORP 560000 0 0
AMERICAN INTL GROUP INC COM 260000 0 0
AMGEN INC 180000 0 0
AMSOUTH BANCORPORATION 879373 0 0
AON CORP COM 480000 0 0
AT & T CORP 580000 0 0
AUTOMATIC DATA PROCESSING INC COM 1010000 0 0
AVERY DENNISON CORP 265000 0 0
BANK OF AMERICA CORP 20000 0 0
BB & T CORP 235000 0 0
BECTON DICKINSON & CO COM 125000 0 0
BESTFOODS COM 85000 0 0
BRISTOL MYERS SQUIBB CO 1240000 0 0
CADENCE DESIGN SYS INC 105000 0 0
CAPITAL ONE FINL CORP 1090000 0 0
CHEVRON CORP COM 60000 0 0
CHOICEPOINT INC 70000 0 0
CISCO SYS INC 1067900 0 0
CITIGROUP INC 2900000 0 0
CLOROX CO COM 950000 0 0
COMPAQ COMPUTER CORP 360000 0 0
DOLLAR GEN CORP COM 260000 0 0
EL PASO NAT GAS CO 200000 0 0
EMC CORP MASS COM 605000 0 0
EQUIFAX INC 620000 0 0
EXXON MOBIL CORP 590000 0 0
FIRST DATA CORP 80000 0 0
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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ITEM 1 ITEM 8
VOTING AUTHORITY
SOLE SHARED NONE
NAME OF ISSUER (A) (B) (C)
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<S> <C> <C> <C>
FIRST UN CORP COM 610000 0 0
FRANKLIN RESOURCES INC COM 180000 0 0
GENERAL ELECTRIC CO COM 1520000 0 0
GILLETTE CO COM 110000 0 0
GOLDMAN SACHS GROUP INC 10000 0 0
GUIDANT CORP 210000 0 0
HEWLETT PACKARD CO COM 315000 0 0
INGERSOLL RAND CO COM 450000 0 0
INTEL CORP COM 1660000 0 0
JOHNSON & JOHNSON 300000 0 0
KIMBERLY CLARK CORP COM 365000 0 0
LILLY ELI & CO COM 955000 0 0
LORAL SPACE & COMMUNICATIONS 230000 0 0
LUCENT TECHNOLOGIES INC 1055000 0 0
MARRIOTT INTL INC NEW 90000 0 0
MASCO CORP COM 515000 0 0
MATTEL INC COM 715000 0 0
MAY DEPT STORES CO COM 160000 0 0
MBNA CORP 882500 0 0
MCDONALDS CORP COM 1095000 0 0
MEDIAONE GROUP INC 20000 0 0
MEDTRONIC INC COM 800000 0 0
MERCK & CO INC COM 976000 0 0
MICROSOFT CORP COM 585000 0 0
MOLEX INC CL A 781250 0 0
MORGAN J P & CO INC COM 135000 0 0
MOTOROLA INC COM 90000 0 0
NORTEL NETWORKS CORP 260000 0 0
ORACLE CORP 1060000 0 0
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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ITEM 1 ITEM 8
VOTING AUTHORITY
SOLE SHARED NONE
NAME OF ISSUER (A) (B) (C)
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<S> <C> <C> <C>
PEPSICO INC COM 675000 0 0
PFIZER INC COM 3220000 0 0
PHILIP MORRIS COS INC COM 980000 0 0
PITNEY BOWES INC COM 225000 0 0
QUINTILES TRANSNATIONAL CORP 30000 0 0
REGION FINL CORP 325000 0 0
ROYAL DUTCH PETE CO 470000 0 0
SBC COMMUNICATIONS INC 1820000 0 0
SCHERING PLOUGH CORP COM 1740000 0 0
SEALED AIR CORP COM 145000 0 0
SHERWIN WILLIAMS CO COM 650000 0 0
SUNTRUST BKS INC COM 310000 0 0
SYMBOL TECHNOLOGIES INC 67500 0 0
TIFFANY & CO NEW 35000 0 0
TYCO INTL LTD NEW 70000 0 0
UNITED PARCEL SVC INC 7000 0 0
UNITED TECHNOLOGIES CORP COM 540000 0 0
US BANCORP DEL 175000 0 0
VULCAN MATLS CO COM 435000 0 0
WARNER LAMBERT CO COM 5000 0 0
WELLS FARGO & CO COM 770000 0 0
XEROX CORP COM 610000 0 0
XLINX INC 35000 0 0
</TABLE>
