UNITED STATES
SECURITIES AND EXCHANGE COMMISION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR CALENDAR YEAR OR QUARTER ENDED: JUNE 30, 1999
CHECK HERE IF AMENDMENT [ ]; AMENDMENT NUMBER:
THIS AMENDMENT (CHECK ONLY ONE.): [ ] IS A RESTATEMENT.
[ ] ADD NEW HOLDINGS ENTRIES
INSTITUTIONAL INVESMENT MANAGER FILING THIS REPORT:
GOFEN AND GLOSSBERG, L.L.C.
455 CITYFRONT PLAZA
SUITE 3000
CHICAGO, IL 60611
13F FILE NUMBER: 28-1240
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 : TOM DESKE
TITLE : COMPLIANCE OFFICER
PHONE : 312-832-1530
SIGNATURE, PLACE, AND DATE OF SIGNING:
TOM DESKE CHICAGO, ILLINOIS JUNE 30, 1999
REPORT TYPE (CHECK ONLY ONE.) :
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13 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: 1
FORM 13F INFORMATION TABLE ENTRY TOTAL: 407
FORM 13F INFORMATION TABLE VALUE TOTAL: 1,976,772,00
LIST OF OTHER INCLUDED MANAGERS: Affiliated Managers Group,
<PAGE>
<TABLE>
VALUE SHARES/ SH/ PUT/INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------- ------------- -------- ------- ------- -- ---- ------- ---------- ------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ALZA CORP DEL SUB DB CONV 5%06 022615AD0 1,357,000 985,000 SH SHARED-DEFINED 985,000
AUTOMATIC DATA PROCLYON SUB ZERO 12 053015AC7 727,000 645,000 SH SHARED-DEFINED 645,000
CHIRON CORP SB CV ADJ 144A00 170040AB5 476,000 495,000 SH SHARED-DEFINED 495,000
DATA GENERAL CORP SUB NT CONV 6%04 237688AG1 174,000 200,000 SH SHARED-DEFINED 200,000
DURA PHARMACEUTICALSUB NT CV 3.5%02 26632SAA7 1,338,000 1,778,000 SH SHARED-DEFINED 1,778,000
JACOR COMMUNICATIONLYON ZERO CPN 11 469858AA2 412,000 385,000 SH SHARED-DEFINED 385,000
OAK INDS INC SB NT CV4.875%08 671400AL3 256,000 200,000 SH SHARED-DEFINED 200,000
OFFICE DEPOT INC LYON SUB ZERO 08 676220AB2 238,000 290,000 SH SHARED-DEFINED 290,000
SEAGRAM JOSEPH E & LYON CV ZERO 06 811845AH9 457,000 500,000 SH SHARED-DEFINED 500,000
SYSTEMS & COMPUTER SUB DB CONV 5%04 871873AB1 1,386,000 1,765,000 SH SHARED-DEFINED 1,765,000
UNITED STATES CELLULYON ZERO 15 911684AA6 428,000 815,000 SH SHARED-DEFINED 815,000
VALHI INC NEW LYON ZERO CPN 07 918905AC4 520,000 825,000 SH SHARED-DEFINED 825,000
PROLOGIS TR PFD CV SBI B 743410300 1,025,000 39,500 SH SHARED-DEFINED 39,500
PSINET INC PFD C CV 6 3/4 74437C309 502,000 10,400 SH SHARED-DEFINED 10,400
SEALED AIR CORP PFD CV A $2 81211K209 3,480,000 55,674 SH SHARED-DEFINED 55,674
LORAL SPACE & COMMUPFD CONV C 6% G56462149 256,000 5,085 SH SHARED-DEFINED 5,085
BOEING CO COM 097023105 5,732,000 130,267 SH SHARED-DEFINED 130,267
LOCKHEED MARTIN CORCOM 539830109 8,632,000 231,728 SH SHARED-DEFINED 231,728
RAYTHEON CO CL B 755111408 335,000 4,755 SH SHARED-DEFINED 4,755
LORAL SPACE & COMMUCOM G56462107 6,384,000 354,666 SH SHARED-DEFINED 354,666
FORD MTR CO DEL COM 345370100 451,000 7,996 SH SHARED-DEFINED 7,996
GENERAL MTRS CORP COM 370442105 875,000 13,256 SH SHARED-DEFINED 13,256
MIDAS GROUP INC COM 595626102 1,115,000 39,287 SH SHARED-DEFINED 39,287
ASSOCIATED BANC CORCOM 045487105 2,103,000 50,680 SH SHARED-DEFINED 50,680
BANK OF AMERICA CORCOM 060505104 12,399,000 169,131 SH SHARED-DEFINED 169,131
BANK NEW YORK INC COM 064057102 4,710,000 128,384 SH SHARED-DEFINED 128,384
BANK ONE CORP COM 06423A103 8,214,000 137,913 SH SHARED-DEFINED 137,913
BANKBOSTON CORP COM 06605R106 542,000 10,600 SH SHARED-DEFINED 10,600
CHASE MANHATTAN CORCOM 16161A108 23,683,000 273,794 SH SHARED-DEFINED 273,794
COMERICA INC COM 200340107 5,158,000 86,775 SH SHARED-DEFINED 86,775
FIRST UN CORP COM 337358105 249,000 5,284 SH SHARED-DEFINED 5,284
FIRSTAR CORP NEW WICOM 33763V109 4,872,000 173,988 SH SHARED-DEFINED 173,988
FLEET FINL GROUP INCOM 338915101 492,000 11,090 SH SHARED-DEFINED 11,090
FLEET FINL GROUP INWT EXP 012701 338915119 937,000 20,824 SH SHARED-DEFINED 20,824
GOLDEN ST BANCORP IWT EXP 082100 381197128 260,000 21,000 SH SHARED-DEFINED 21,000
HUNTINGTON BANCSHARCOM 446150104 3,518,000 100,504 SH SHARED-DEFINED 100,504
MARSHALL & ILSLEY CCOM 571834100 315,000 4,891 SH SHARED-DEFINED 4,891
MELLON BK CORP COM 585509102 1,044,000 28,700 SH SHARED-DEFINED 28,700
MERCANTILE BANCORPOCOM 587342106 429,000 7,517 SH SHARED-DEFINED 7,517
MORGAN J P & CO INCCOM 616880100 9,151,000 65,130 SH SHARED-DEFINED 65,130
NORTH FORK BANCORPOCOM 659424105 727,000 34,000 SH SHARED-DEFINED 34,000
NORTHERN TR CORP COM 665859104 19,244,000 198,395 SH SHARED-DEFINED 198,395
OLD KENT FINL CORP COM 679833103 1,119,000 26,724 SH SHARED-DEFINED 26,724
PNC BK CORP COM 693475105 4,201,000 72,904 SH SHARED-DEFINED 72,904
SUNTRUST BKS INC COM 867914103 504,000 7,264 SH SHARED-DEFINED 7,264
US BANCORP DEL COM 902973106 1,193,000 35,736 SH SHARED-DEFINED 35,736
U S TR CORP NEW COM 91288L105 2,547,000 27,532 SH SHARED-DEFINED 27,532
WELLS FARGO & CO NECOM 949746101 4,863,000 113,760 SH SHARED-DEFINED 113,760
AMGEN INC COM 031162100 3,120,000 51,260 SH SHARED-DEFINED 51,260
DELTA & PINE LD CO COM 247357106 789,000 25,033 SH SHARED-DEFINED 25,033
MONSANTO CO COM 611662107 3,277,000 82,844 SH SHARED-DEFINED 82,844
NORTH AMERN VACCINECOM 657201109 115,000 23,574 SH SHARED-DEFINED 23,574
NORTHFIELD LABS INCCOM 666135108 828,000 67,950 SH SHARED-DEFINED 67,950
DOVER CORP COM 260003108 420,000 12,000 SH SHARED-DEFINED 12,000
MASCO CORP COM 574599106 2,943,000 101,916 SH SHARED-DEFINED 101,916
PPG INDS INC COM 693506107 584,000 9,883 SH SHARED-DEFINED 9,883
SHERWIN WILLIAMS COCOM 824348106 4,652,000 167,632 SH SHARED-DEFINED 167,632
SOUTHDOWN INC COM 841297104 398,000 6,198 SH SHARED-DEFINED 6,198
WEYERHAEUSER CO COM 962166104 1,130,000 16,435 SH SHARED-DEFINED 16,435
CONCORD EFS INC COM 206197105 1,187,000 28,063 SH SHARED-DEFINED 28,063
DUN & BRADSTREET COCOM 26483B106 213,000 6,000 SH SHARED-DEFINED 6,000
OMNICOM GROUP INC COM 681919106 4,667,000 58,340 SH SHARED-DEFINED 58,340
DOW CHEM CO COM 260543103 888,000 6,997 SH SHARED-DEFINED 6,997
DU PONT E I DE NEMOCOM 263534109 16,137,000 236,218 SH SHARED-DEFINED 236,218
LYONDELL CHEMICAL CCOM 552078107 413,000 20,000 SH SHARED-DEFINED 20,000
AMERICAN TOWER CORPCL A 029912201 2,122,000 88,400 SH SHARED-DEFINED 88,400
ANICOM INC COM 035250109 127,000 12,100 SH SHARED-DEFINED 12,100
GENERAL INSTR CORP COM 370120107 2,516,000 59,200 SH SHARED-DEFINED 59,200
HARRIS CORP DEL COM 413875105 357,000 9,100 SH SHARED-DEFINED 9,100
L-3 COMMUNICATIONS COM 502424104 6,208,000 128,490 SH SHARED-DEFINED 128,490
NOKIA CORP SPONSORED ADR 654902204 256,000 2,800 SH SHARED-DEFINED 2,800
NORTEL NETWORKS CORCOM 656569100 7,529,000 86,731 SH SHARED-DEFINED 86,731
PLANTRONICS INC NEWCOM 727493108 8,645,000 132,748 SH SHARED-DEFINED 132,748
COMDISCO INC COM 200336105 314,000 12,254 SH SHARED-DEFINED 12,254
COMPAQ COMPUTER CORCOM 204493100 8,155,000 344,288 SH SHARED-DEFINED 344,288
DELL COMPUTER CORP COM 247025109 2,207,000 59,660 SH SHARED-DEFINED 59,660
DIEBOLD INC COM 253651103 3,451,000 120,046 SH SHARED-DEFINED 120,046
EMC CORP MASS COM 268648102 501,000 9,100 SH SHARED-DEFINED 9,100
HEWLETT PACKARD CO COM 428236103 2,368,000 23,566 SH SHARED-DEFINED 23,566
INTERNATIONAL BUSINCOM 459200101 90,444,000 699,763 SH SHARED-DEFINED 699,763
SUN MICROSYSTEMS INCOM 866810104 945,000 13,720 SH SHARED-DEFINED 13,720
3COM CORP COM 885535104 693,000 25,951 SH SHARED-DEFINED 25,951
AMERICA ONLINE INC COM 02364J104 732,000 6,656 SH SHARED-DEFINED 6,656
AUTOMATIC DATA PROCCOM 053015103 933,000 21,200 SH SHARED-DEFINED 21,200
BELL & HOWELL CO NECOM 077852101 2,455,000 64,934 SH SHARED-DEFINED 64,934
CISCO SYS INC COM 17275R102 2,486,000 38,536 SH SHARED-DEFINED 38,536
COMPUTER ASSOC INTLCOM 204912109 4,208,000 76,859 SH SHARED-DEFINED 76,859
COMPUTER SCIENCES CCOM 205363104 2,045,000 29,552 SH SHARED-DEFINED 29,552
DST SYS INC DEL COM 233326107 282,000 4,484 SH SHARED-DEFINED 4,484
ELECTRONIC DATA SYSCOM 285661104 1,955,000 34,532 SH SHARED-DEFINED 34,532
FISERV INC COM 337738108 429,000 13,688 SH SHARED-DEFINED 13,688
IMS HEALTH INC COM 449934108 17,191,000 550,127 SH SHARED-DEFINED 550,127
MEDIA METRIX INC COM 58440X103 1,014,000 19,040 SH SHARED-DEFINED 19,040
MICROSOFT CORP COM 594918104 43,376,000 480,954 SH SHARED-DEFINED 480,954
NETWORK ASSOCS INC COM 640938106 223,000 15,150 SH SHARED-DEFINED 15,150
ORACLE CORP COM 68389X105 1,222,000 32,927 SH SHARED-DEFINED 32,927
PEOPLESOFT INC COM 712713106 622,000 36,041 SH SHARED-DEFINED 36,041
PSINET INC COM 74437C101 875,000 20,000 SH SHARED-DEFINED 20,000
TRO LEARNING INC COM 87263R109 80,000 13,000 SH SHARED-DEFINED 13,000
YAHOO INC COM 984332106 205,000 1,188 SH SHARED-DEFINED 1,188
ALLIEDSIGNAL INC COM 019512102 1,082,000 17,174 SH SHARED-DEFINED 17,174
BERKSHIRE HATHAWAY CL A 084670108 1,171,000 17 SH SHARED-DEFINED 17
BERKSHIRE HATHAWAY CL B 084670207 578,000 258 SH SHARED-DEFINED 258
CORNING INC COM 219350105 278,000 3,966 SH SHARED-DEFINED 3,966
FORTUNE BRANDS INC COM 349631101 241,000 5,832 SH SHARED-DEFINED 5,832
TYCO INTL LTD NEW COM 902124106 1,615,000 17,041 SH SHARED-DEFINED 17,041
UNITED TECHNOLOGIESCOM 913017109 2,036,000 28,280 SH SHARED-DEFINED 28,280
AVIS RENT A CAR INCCOM 053790101 1,561,000 53,600 SH SHARED-DEFINED 53,600
CENDANT CORP COM 151313103 8,960,000 437,061 SH SHARED-DEFINED 437,061
HILLENBRAND INDS INCOM 431573104 208,000 4,800 SH SHARED-DEFINED 4,800
PAYCHEX INC COM 704326107 2,557,000 80,209 SH SHARED-DEFINED 80,209
SERVICE CORP INTL COM 817565104 1,272,000 66,063 SH SHARED-DEFINED 66,063
APTARGROUP INC COM 038336103 1,964,000 65,450 SH SHARED-DEFINED 65,450
BALL CORP COM 058498106 3,861,000 91,375 SH SHARED-DEFINED 91,375
GAYLORD CONTAINER CWT EXP 110202 368145116 138,000 18,751 SH SHARED-DEFINED 18,751
SEALED AIR CORP NEWCOM 81211K100 3,485,000 53,724 SH SHARED-DEFINED 53,724
KEMPER INTER GOVT TSH BEN INT 488413105 133,000 18,775 SH SHARED-DEFINED 18,775
AVON PRODS INC COM 054303102 3,502,000 63,100 SH SHARED-DEFINED 63,100
GILLETTE CO COM 375766102 17,608,000 429,474 SH SHARED-DEFINED 429,474
COMVERSE TECHNOLOGYCOM PAR $0.10 205862402 1,877,000 24,865 SH SHARED-DEFINED 24,865
EMERSON ELEC CO COM 291011104 1,569,000 24,930 SH SHARED-DEFINED 24,930
GENERAL CABLE CORP COM 369300108 640,000 40,000 SH SHARED-DEFINED 40,000
GENERAL ELEC CO COM 369604103 64,087,000 567,139 SH SHARED-DEFINED 567,139
GRAINGER W W INC COM 384802104 12,432,000 231,028 SH SHARED-DEFINED 231,028
HOLOPHANE CORP COM 43645B106 3,532,000 92,650 SH SHARED-DEFINED 92,650
HUSSMANN INTL INC COM 448110106 2,312,000 139,585 SH SHARED-DEFINED 139,585
KONINKLIJKE PHILIPSSPNSRD ADR NEW 500472204 11,755,000 116,527 SH SHARED-DEFINED 116,527
MATSUSHITA ELEC INDADR 576879209 271,000 1,368 SH SHARED-DEFINED 1,368
ATMI INC COM 00207R101 1,101,000 37,000 SH SHARED-DEFINED 37,000
AMERICAN XTAL TECHNCOM 030514103 548,000 23,000 SH SHARED-DEFINED 23,000
BECKMAN COULTER INCCOM 075811109 4,676,000 96,156 SH SHARED-DEFINED 96,156
HONEYWELL INC COM 438506107 15,627,000 134,860 SH SHARED-DEFINED 134,860
INTEL CORP COM 458140100 28,616,000 480,939 SH SHARED-DEFINED 480,939
KEMET CORP COM 488360108 264,000 11,500 SH SHARED-DEFINED 11,500
MOTOROLA INC COM 620076109 27,922,000 294,695 SH SHARED-DEFINED 294,695
QLOGIC CORP COM 747277101 964,000 7,300 SH SHARED-DEFINED 7,300
SOLECTRON CORP COM 834182107 2,888,000 43,306 SH SHARED-DEFINED 43,306
TEXAS INSTRS INC COM 882508104 245,000 1,700 SH SHARED-DEFINED 1,700
ATLANTIC RICHFIELD COM 048825103 3,645,000 43,626 SH SHARED-DEFINED 43,626
BP AMOCO PLC SPONSORED ADR 055622104 16,287,000 150,114 SH SHARED-DEFINED 150,114
BURLINGTON RES INC COM 122014103 3,630,000 83,922 SH SHARED-DEFINED 83,922
CHEVRON CORPORATIONCOM 166751107 3,010,000 31,666 SH SHARED-DEFINED 31,666
COTTON VALLEY RESOUCOM 221905102 4,000 15,000 SH SHARED-DEFINED 15,000
ENI S P A SPONSORED ADR 26874R108 5,493,000 91,550 SH SHARED-DEFINED 91,550
EXXON CORP COM 302290101 28,972,000 375,655 SH SHARED-DEFINED 375,655
MOBIL CORP COM 607059102 6,529,000 66,115 SH SHARED-DEFINED 66,115
MURPHY OIL CORP COM 626717102 445,000 9,125 SH SHARED-DEFINED 9,125
PHILLIPS PETE CO COM 718507106 224,000 4,446 SH SHARED-DEFINED 4,446
R & B FALCON CORP COM 74912E101 730,000 77,863 SH SHARED-DEFINED 77,863
ROYAL DUTCH PETE CONY REG GLDR 1.2 780257804 9,889,000 164,134 SH SHARED-DEFINED 164,134
SAN JUAN BASIN RTY UNIT BEN INT 798241105 228,000 28,000 SH SHARED-DEFINED 28,000
TEXACO INC COM 881694103 3,728,000 59,774 SH SHARED-DEFINED 59,774
UNOCAL CORP COM 915289102 809,000 20,425 SH SHARED-DEFINED 20,425
AT&T CORP. COM LIB GRP A 001957208 30,212,000 822,095 SH SHARED-DEFINED 822,095
CBS CORP COM 12490K107 17,186,000 394,520 SH SHARED-DEFINED 394,520
CD RADIO INC COM 125127100 212,000 6,960 SH SHARED-DEFINED 6,960
CABLEVISION SYS CORCL A 12686C109 889,000 12,704 SH SHARED-DEFINED 12,704
CARMIKE CINEMAS INCCL A 143436103 622,000 39,038 SH SHARED-DEFINED 39,038
CARNIVAL CORP COM 143658102 395,000 8,150 SH SHARED-DEFINED 8,150
CENTURY COMMUNICATICL A 156503104 208,000 4,524 SH SHARED-DEFINED 4,524
CHANCELLOR MEDIA COCOM 158915108 4,099,000 74,354 SH SHARED-DEFINED 74,354
COX COMMUNICATIONS CL A 224044107 2,563,000 69,620 SH SHARED-DEFINED 69,620
DISNEY WALT CO COM 254687106 16,152,000 524,218 SH SHARED-DEFINED 524,218
EMMIS COMMUNICATIONCL A 291525103 3,236,000 65,530 SH SHARED-DEFINED 65,530
FOX ENTMT GROUP INCCL A 35138T107 7,222,000 268,103 SH SHARED-DEFINED 268,103
INFINITY BROADCASTICL A 45662S102 1,245,000 42,100 SH SHARED-DEFINED 42,100
METRO GOLDWYN MAYERCOM 591610100 683,000 37,400 SH SHARED-DEFINED 37,400
TBA ENTMT CORP COM 872173109 43,000 10,000 SH SHARED-DEFINED 10,000
TV GUIDE INC CL A 87307Q109 5,924,000 161,750 SH SHARED-DEFINED 161,750
TIME WARNER INC COM 887315109 45,165,000 621,894 SH SHARED-DEFINED 621,894
USA NETWORKS INC COM 902984103 1,745,000 43,500 SH SHARED-DEFINED 43,500
VALUEVISION INTL INCL A 92047K107 2,810,000 141,400 SH SHARED-DEFINED 141,400
VIACOM INC CL B 925524308 992,000 22,538 SH SHARED-DEFINED 22,538
WESTWOOD ONE INC COM 961815107 3,815,000 106,900 SH SHARED-DEFINED 106,900
YOUNG BROADCASTING CL A 987434107 1,183,000 27,800 SH SHARED-DEFINED 27,800
AFFILIATED MANAGERSCOM 008252108 272,000 9,000 SH SHARED-DEFINED 9,000
AMERICAN EXPRESS COCOM 025816109 22,982,000 176,611 SH SHARED-DEFINED 176,611
ASSOCIATES FIRST CACL A 046008108 436,000 9,883 SH SHARED-DEFINED 9,883
CITIGROUP INC COM 172967101 9,610,000 202,326 SH SHARED-DEFINED 202,326
FEDERAL AGRIC MTG CCL C 313148306 10,850,000 158,100 SH SHARED-DEFINED 158,100
FEDERAL HOME LN MTGCOM 313400301 631,000 10,876 SH SHARED-DEFINED 10,876
FEDERAL NATL MTG ASCOM 313586109 20,385,000 298,683 SH SHARED-DEFINED 298,683
HOUSEHOLD INTL INC COM 441815107 24,514,000 517,456 SH SHARED-DEFINED 517,456
JOHN NUVEEN CO CL A 478035108 777,000 18,200 SH SHARED-DEFINED 18,200
LEHMAN BROS HLDGS ICOM 524908100 204,000 3,282 SH SHARED-DEFINED 3,282
MBNA CORP COM 55262L100 2,230,000 72,824 SH SHARED-DEFINED 72,824
MGIC INVT CORP WIS COM 552848103 2,844,000 58,491 SH SHARED-DEFINED 58,491
MORGAN STANLEY DEANCOM NEW 617446448 1,739,000 16,946 SH SHARED-DEFINED 16,946
RADIAN GROUP INC COM 750236101 1,013,000 20,750 SH SHARED-DEFINED 20,750
FOOD LION INC CL A 344775200 162,000 13,670 SH SHARED-DEFINED 13,670
KROGER CO COM 501044101 2,894,000 103,602 SH SHARED-DEFINED 103,602
SAFEWAY INC COM NEW 786514208 13,579,000 274,320 SH SHARED-DEFINED 274,320
SUPERVALU INC COM 868536103 332,000 12,816 SH SHARED-DEFINED 12,816
ANHEUSER BUSCH COS COM 035229103 702,000 9,900 SH SHARED-DEFINED 9,900
BESTFOODS COM 08658U101 810,000 16,365 SH SHARED-DEFINED 16,365
CAMPBELL SOUP CO COM 134429109 1,969,000 42,458 SH SHARED-DEFINED 42,458
COCA COLA CO COM 191216100 13,034,000 210,220 SH SHARED-DEFINED 210,220
CONAGRA INC COM 205887102 206,000 7,740 SH SHARED-DEFINED 7,740
DEAN FOODS CO COM 242361103 249,000 6,000 SH SHARED-DEFINED 6,000
GENERAL MLS INC COM 370334104 508,000 6,320 SH SHARED-DEFINED 6,320
HEINZ H J CO COM 423074103 6,547,000 130,623 SH SHARED-DEFINED 130,623
HERSHEY FOODS CORP COM 427866108 1,442,000 24,280 SH SHARED-DEFINED 24,280
LINCOLN SNACKS CO COM 534744107 196,000 196,250 SH SHARED-DEFINED 196,250
MCCORMICK & CO INC COM NON VTG 579780206 3,816,000 120,898 SH SHARED-DEFINED 120,898
NABISCO GROUP HLDG COM 62952P102 1,568,000 80,130 SH SHARED-DEFINED 80,130
PEPSICO INC COM 713448108 22,747,000 587,976 SH SHARED-DEFINED 587,976
QUAKER OATS CO COM 747402105 1,758,000 26,483 SH SHARED-DEFINED 26,483
RICHFOOD HLDGS INC COM 763408101 564,000 32,000 SH SHARED-DEFINED 32,000
SARA LEE CORP COM 803111103 3,453,000 152,215 SH SHARED-DEFINED 152,215
SEAGRAM LTD COM 811850106 1,147,000 22,770 SH SHARED-DEFINED 22,770
SUIZA FOODS CORP COM 865077101 460,000 10,985 SH SHARED-DEFINED 10,985
SYSCO CORP COM 871829107 277,000 9,280 SH SHARED-DEFINED 9,280
UNILEVER NV N Y SHS NEW 904784709 218,000 3,124 SH SHARED-DEFINED 3,124
UNIVERSAL FOODS CORCOM 913538104 880,000 41,656 SH SHARED-DEFINED 41,656
WHITMAN CORP NEW COM 96647R107 4,425,000 245,821 SH SHARED-DEFINED 245,821
WRIGLEY WM JR CO COM 982526105 5,185,000 58,133 SH SHARED-DEFINED 58,133
PANAMERICAN BEVERAGCL A P74823108 379,000 15,900 SH SHARED-DEFINED 15,900
ABBOTT LABS COM 002824100 25,647,000 565,228 SH SHARED-DEFINED 565,228
ALLERGAN INC COM 018490102 1,636,000 14,740 SH SHARED-DEFINED 14,740
BAXTER INTL INC COM 071813109 866,000 14,291 SH SHARED-DEFINED 14,291
BECTON DICKINSON & COM 075887109 848,000 28,279 SH SHARED-DEFINED 28,279
CLOSURE MED CORP COM 189093107 300,000 10,000 SH SHARED-DEFINED 10,000
EPIX MEDICAL INC COM 26881Q101 672,000 122,200 SH SHARED-DEFINED 122,200
JOHNSON & JOHNSON COM 478160104 40,375,000 411,988 SH SHARED-DEFINED 411,988
MEDTRONIC INC COM 585055106 1,007,000 12,933 SH SHARED-DEFINED 12,933
PATTERSON DENTAL COCOM 703412106 591,000 17,000 SH SHARED-DEFINED 17,000
TENET HEALTHCARE COCOM 88033G100 458,000 24,650 SH SHARED-DEFINED 24,650
VASOMEDICAL INC COM 922321104 33,000 20,000 SH SHARED-DEFINED 20,000
VISX INC DEL COM 92844S105 238,000 3,000 SH SHARED-DEFINED 3,000
LEGGETT & PLATT INCCOM 524660107 563,000 20,248 SH SHARED-DEFINED 20,248
MAYTAG CORP COM 578592107 6,761,000 96,839 SH SHARED-DEFINED 96,839
BLYTH INDS INC COM 09643P108 444,000 13,050 SH SHARED-DEFINED 13,050
CLOROX CO DEL COM 189054109 2,864,000 26,811 SH SHARED-DEFINED 26,811
COLGATE PALMOLIVE CCOM 194162103 4,811,000 48,840 SH SHARED-DEFINED 48,840
KIMBERLY CLARK CORPCOM 494368103 4,288,000 75,234 SH SHARED-DEFINED 75,234
NEWELL RUBBERMAID ICOM 651229106 8,852,000 190,885 SH SHARED-DEFINED 190,885
PROCTER & GAMBLE COCOM 742718109 40,293,000 451,464 SH SHARED-DEFINED 451,464
AETNA COM 008117103 243,000 2,718 SH SHARED-DEFINED 2,718
ALLSTATE CORP COM 020002101 2,706,000 75,424 SH SHARED-DEFINED 75,424
AMERICAN GENERAL COCOM 026351106 598,000 7,933 SH SHARED-DEFINED 7,933
AMERICAN INTL GROUPCOM 026874107 8,734,000 74,487 SH SHARED-DEFINED 74,487
AON CORP COM 037389103 649,000 15,739 SH SHARED-DEFINED 15,739
CIGNA CORP COM 125509109 1,507,000 16,938 SH SHARED-DEFINED 16,938
CHUBB CORP COM 171232101 2,835,000 40,798 SH SHARED-DEFINED 40,798
EVEREST REINS HLDGSCOM 299808105 7,943,000 243,455 SH SHARED-DEFINED 243,455
HSB GROUP INC COM 40428N109 793,000 19,250 SH SHARED-DEFINED 19,250
HARTFORD FINL SVCS COM 416515104 535,000 9,178 SH SHARED-DEFINED 9,178
LINCOLN NATL CORP ICOM 534187109 597,000 11,420 SH SHARED-DEFINED 11,420
MBIA INC COM 55262C100 18,536,000 286,265 SH SHARED-DEFINED 286,265
MARSH & MCLENNAN COCOM 571748102 409,000 5,400 SH SHARED-DEFINED 5,400
MONY GROUP INC COM 615337102 934,000 28,625 SH SHARED-DEFINED 28,625
OLD REP INTL CORP COM 680223104 6,072,000 350,725 SH SHARED-DEFINED 350,725
UNITRIN INC COM 913275103 209,000 5,100 SH SHARED-DEFINED 5,100
ANNUITY AND LIFE REORD G03910109 2,547,000 113,500 SH SHARED-DEFINED 113,500
STARWOOD HOTELS & RPAIRED CTF 85590A203 461,000 15,069 SH SHARED-DEFINED 15,069
CATERPILLAR INC DELCOM 149123101 210,000 3,500 SH SHARED-DEFINED 3,500
DEERE & CO COM 244199105 5,036,000 128,520 SH SHARED-DEFINED 128,520
IDEX CORP COM 45167R104 4,322,000 131,462 SH SHARED-DEFINED 131,462
ILLINOIS TOOL WKS ICOM 452308109 4,169,000 51,000 SH SHARED-DEFINED 51,000
ALCOA INC COM 013817101 337,000 5,440 SH SHARED-DEFINED 5,440
COMTREX SYS CORP COM 205920101 139,000 123,638 SH SHARED-DEFINED 123,638
PITNEY BOWES INC COM 724479100 4,902,000 76,290 SH SHARED-DEFINED 76,290
XEROX CORP COM 984121103 33,252,000 562,996 SH SHARED-DEFINED 562,996
MINNESOTA MNG & MFGCOM 604059105 1,460,000 16,795 SH SHARED-DEFINED 16,795
BAKER HUGHES INC COM 057224107 203,000 6,050 SH SHARED-DEFINED 6,050
HALLIBURTON CO COM 406216101 238,000 5,250 SH SHARED-DEFINED 5,250
PETROLEUM GEO-SVCS SPONSORED ADR 716597109 774,000 52,000 SH SHARED-DEFINED 52,000
SCHLUMBERGER LTD COM 806857108 25,815,000 405,337 SH SHARED-DEFINED 405,337
FORT JAMES CORP COM 347471104 2,746,000 72,495 SH SHARED-DEFINED 72,495
GEORGIA PACIFIC CORCOM GA PAC GRP 373298108 213,000 4,490 SH SHARED-DEFINED 4,490
INTL PAPER CO COM 460146103 288,000 5,724 SH SHARED-DEFINED 5,724
PLUM CREEK TIMBER CDEPOSITARY UNT 729237107 455,000 14,600 SH SHARED-DEFINED 14,600
AKORN INC COM 009728106 40,000 10,000 SH SHARED-DEFINED 10,000
AMERICAN HOME PRODSCOM 026609107 12,893,000 224,712 SH SHARED-DEFINED 224,712
BERGEN BRUNSWIG CORCL A 083739102 4,121,000 238,899 SH SHARED-DEFINED 238,899
BRISTOL MYERS SQUIBCOM 110122108 9,425,000 133,809 SH SHARED-DEFINED 133,809
CARDINAL HEALTH INCCOM 14149Y108 5,827,000 90,874 SH SHARED-DEFINED 90,874
ELAN PLC ADR 284131208 19,820,000 714,224 SH SHARED-DEFINED 714,224
ELAN CORP PLC WT EXP 123101 284131703 3,211,000 101,950 SH SHARED-DEFINED 101,950
GLAXO WELLCOME PLC SPONSORED ADR 37733W105 1,235,000 21,808 SH SHARED-DEFINED 21,808
LILLY ELI & CO COM 532457108 3,652,000 50,991 SH SHARED-DEFINED 50,991
MERCK & CO INC COM 589331107 58,176,000 790,172 SH SHARED-DEFINED 790,172
MYLAN LABS INC COM 628530107 4,234,000 159,769 SH SHARED-DEFINED 159,769
PHARMACIA & UPJOHN COM 716941109 640,000 11,272 SH SHARED-DEFINED 11,272
PFIZER INC COM 717081103 23,717,000 217,588 SH SHARED-DEFINED 217,588
SCHERING PLOUGH CORCOM 806605101 15,166,000 288,867 SH SHARED-DEFINED 288,867
SMITHKLINE BEECHAM ADR REP ORD 832378301 1,919,000 29,044 SH SHARED-DEFINED 29,044
WARNER LAMBERT CO COM 934488107 2,648,000 38,310 SH SHARED-DEFINED 38,310
AXOGEN LTD COM G0690R108 3,246,000 103,458 SH SHARED-DEFINED 103,458
EASTMAN KODAK CO COM 277461109 363,000 5,365 SH SHARED-DEFINED 5,365
WASTE MGMT INC DEL COM 94106L109 1,743,000 32,424 SH SHARED-DEFINED 32,424
DELUXE CORP COM 248019101 1,961,000 50,532 SH SHARED-DEFINED 50,532
DONNELLEY R R & SONCOM 257867101 717,000 19,351 SH SHARED-DEFINED 19,351
HARLAND JOHN H CO COM 412693103 616,000 30,881 SH SHARED-DEFINED 30,881
CENTRAL NEWSPAPERS CL A 154647101 1,290,000 34,400 SH SHARED-DEFINED 34,400
GANNETT INC COM 364730101 3,344,000 46,850 SH SHARED-DEFINED 46,850
KNIGHT RIDDER INC COM 499040103 253,000 4,600 SH SHARED-DEFINED 4,600
MCGRAW HILL COS INCCOM 580645109 744,000 13,800 SH SHARED-DEFINED 13,800
NEW YORK TIMES CO CL A 650111107 1,024,000 27,811 SH SHARED-DEFINED 27,811
SCRIPPS E W CO OHIOCL A 811054204 2,680,000 56,350 SH SHARED-DEFINED 56,350
TRIBUNE CO NEW COM 896047107 16,050,000 184,219 SH SHARED-DEFINED 184,219
WASHINGTON POST CO CL B 939640108 2,060,000 3,830 SH SHARED-DEFINED 3,830
BURLINGTON NORTHN SCOM 12189T104 977,000 31,514 SH SHARED-DEFINED 31,514
NORFOLK SOUTHERN COCOM 655844108 261,000 8,655 SH SHARED-DEFINED 8,655
UNION PAC CORP COM 907818108 517,000 8,873 SH SHARED-DEFINED 8,873
WISCONSIN CENT TRANCOM 976592105 1,586,000 84,000 SH SHARED-DEFINED 84,000
AMLI RESIDENTIAL PPSH BEN INT 001735109 432,000 19,325 SH SHARED-DEFINED 19,325
APARTMENT INVT & MGCL A 03748R101 3,620,000 84,680 SH SHARED-DEFINED 84,680
ARCHSTONE CMNTYS TRSH BEN INT 039581103 1,088,000 49,618 SH SHARED-DEFINED 49,618
CARRAMERICA RLTY COCOM 144418100 574,000 22,950 SH SHARED-DEFINED 22,950
CORNERSTONE PPTYS ICOM 21922H103 648,000 40,800 SH SHARED-DEFINED 40,800
CRESCENT REAL ESTATCOM 225756105 654,000 27,530 SH SHARED-DEFINED 27,530
EQUITY OFFICE PROPECOM 294741103 760,000 29,675 SH SHARED-DEFINED 29,675
EQUITY RESIDENTIAL SH BEN INT 29476L107 3,840,000 85,225 SH SHARED-DEFINED 85,225
GENERAL GROWTH PPTYCOM 370021107 648,000 18,250 SH SHARED-DEFINED 18,250
GLENBOROUGH RLTY TRCOM 37803P105 389,000 22,225 SH SHARED-DEFINED 22,225
GOLF TR AMER INC COM 38168B103 6,173,000 252,600 SH SHARED-DEFINED 252,600
HEALTH CARE PPTY INCOM 421915109 590,000 20,450 SH SHARED-DEFINED 20,450
LEXFORD RESIDENTIALSH BEN INT 528933104 239,000 10,000 SH SHARED-DEFINED 10,000
MANUFACTURED HOME CCOM 564682102 616,000 23,675 SH SHARED-DEFINED 23,675
MEDITRUST CORP PAIRED CTF NEW 58501T306 2,574,000 197,064 SH SHARED-DEFINED 197,064
NEWHALL LAND & FARMDEPOSITARY REC 651426108 412,000 16,734 SH SHARED-DEFINED 16,734
PS BUSINESS PKS INCCOM 69360J107 244,000 10,000 SH SHARED-DEFINED 10,000
PATRIOT AMERN HOSPIPAIRED CTF 703352203 85,000 20,000 SH SHARED-DEFINED 20,000
PROLOGIS TR SH BEN INT 743410102 3,357,000 165,781 SH SHARED-DEFINED 165,781
PUBLIC STORAGE INC COM 74460D109 5,398,000 192,800 SH SHARED-DEFINED 192,800
REDWOOD TR INC COM 758075402 308,000 18,600 SH SHARED-DEFINED 18,600
URBAN SHOPPING CTRSCOM 917060105 233,000 7,400 SH SHARED-DEFINED 7,400
VORNADO RLTY TR SH BEN INT 929042109 254,000 7,187 SH SHARED-DEFINED 7,187
WEEKS CORP COM 94856P102 210,000 6,900 SH SHARED-DEFINED 6,900
CEDAR FAIR L P DEPOSITRY UNIT 150185106 12,415,000 497,860 SH SHARED-DEFINED 497,860
PREMIER PKS INC COM NEW 740540208 4,815,000 131,010 SH SHARED-DEFINED 131,010
BRINKER INTL INC COM 109641100 830,000 30,178 SH SHARED-DEFINED 30,178
CBRL GROUP INC COM 12489V106 746,000 43,112 SH SHARED-DEFINED 43,112
MCDONALDS CORP COM 580135101 42,211,000 1,026,417 SH SHARED-DEFINED 1,026,417
STARBUCKS CORP COM 855244109 13,637,000 363,048 SH SHARED-DEFINED 363,048
TRICON GLOBAL RESTACOM 895953107 1,845,000 34,088 SH SHARED-DEFINED 34,088
AUTONATION INC COM 05329W102 388,000 21,800 SH SHARED-DEFINED 21,800
CVS CORP COM 126650100 484,000 9,542 SH SHARED-DEFINED 9,542
COSTCO COMPANIES INCOM 22160Q102 588,000 7,340 SH SHARED-DEFINED 7,340
DAYTON HUDSON CORP COM 239753106 724,000 11,136 SH SHARED-DEFINED 11,136
FEDERATED DEPT STORCOM 31410H101 8,997,000 169,964 SH SHARED-DEFINED 169,964
GAP INC DEL COM 364760108 1,163,000 23,081 SH SHARED-DEFINED 23,081
HOME DEPOT INC COM 437076102 6,311,000 97,943 SH SHARED-DEFINED 97,943
LOWES COS INC COM 548661107 522,000 9,200 SH SHARED-DEFINED 9,200
MAY DEPT STORES CO COM 577778103 1,515,000 37,062 SH SHARED-DEFINED 37,062
RITE AID CORP COM 767754104 2,003,000 81,325 SH SHARED-DEFINED 81,325
SAKS INC COM 79377W108 4,190,000 145,100 SH SHARED-DEFINED 145,100
SEARS ROEBUCK & CO COM 812387108 1,119,000 25,100 SH SHARED-DEFINED 25,100
TIFFANY & CO NEW COM 886547108 4,687,000 48,573 SH SHARED-DEFINED 48,573
WAL MART STORES INCCOM 931142103 13,851,000 287,070 SH SHARED-DEFINED 287,070
WALGREEN CO COM 931422109 7,775,000 264,667 SH SHARED-DEFINED 264,667
WILLIAMS SONOMA INCCOM 969904101 1,503,000 43,165 SH SHARED-DEFINED 43,165
MAF BANCORP INC COM 55261R108 321,000 13,227 SH SHARED-DEFINED 13,227
MB FINL INC COM 55263D107 1,013,000 76,840 SH SHARED-DEFINED 76,840
OLYMPIC STEEL INC COM 68162K106 225,000 34,000 SH SHARED-DEFINED 34,000
AT&T CORP COM 001957109 34,978,000 626,704 SH SHARED-DEFINED 626,704
BCE INC COM 05534B109 5,009,000 101,575 SH SHARED-DEFINED 101,575
COMCAST CORP CL A 200300101 1,945,000 54,307 SH SHARED-DEFINED 54,307
COMCAST CORP CL A SPL 200300200 14,950,000 388,955 SH SHARED-DEFINED 388,955
ERICSSON L M TEL COADR CL B SEK10 294821400 608,000 18,462 SH SHARED-DEFINED 18,462
GTE CORP COM 362320103 13,974,000 185,091 SH SHARED-DEFINED 185,091
LUCENT TECHNOLOGIESCOM 549463107 42,931,000 636,602 SH SHARED-DEFINED 636,602
MCI WORLDCOM INC COM 55268B106 26,746,000 310,774 SH SHARED-DEFINED 310,774
MEDIAONE GROUP INC COM 58440J104 4,966,000 66,772 SH SHARED-DEFINED 66,772
SPRINT CORP PCS COM SER 1 852061506 435,000 7,638 SH SHARED-DEFINED 7,638
TELLABS INC COM 879664100 6,204,000 91,830 SH SHARED-DEFINED 91,830
UNITED STATES CELLUCOM 911684108 375,000 7,000 SH SHARED-DEFINED 7,000
VODAFONE GROUP PLC SPONSORED ADR 92857T107 25,336,000 128,609 SH SHARED-DEFINED 128,609
PHILIP MORRIS COS ICOM 718154107 9,355,000 232,795 SH SHARED-DEFINED 232,795
MATTEL INC COM 577081102 8,950,000 342,593 SH SHARED-DEFINED 342,593
MORGAN STANLEY DEA GOVT INCOME TR 61745P106 84,000 10,000 SH SHARED-DEFINED 10,000
AMEREN CORP COM 023608102 210,000 5,471 SH SHARED-DEFINED 5,471
AMERICAN ELEC PWR ICOM 025537101 1,461,000 38,888 SH SHARED-DEFINED 38,888
CONSOLIDATED EDISONCOM 209115104 572,000 12,638 SH SHARED-DEFINED 12,638
DOMINION RES INC VACOM 257470104 256,000 5,911 SH SHARED-DEFINED 5,911
DUFF & PHELPS UTILSCOM 264324104 248,000 23,317 SH SHARED-DEFINED 23,317
DUKE ENERGY CORP COM 264399106 470,000 8,635 SH SHARED-DEFINED 8,635
EDISON INTL COM 281020107 287,000 10,712 SH SHARED-DEFINED 10,712
ENERGY EAST CORP COM 29266M109 265,000 10,203 SH SHARED-DEFINED 10,203
ENRON CORP COM 293561106 533,000 6,519 SH SHARED-DEFINED 6,519
FPL GROUP INC COM 302571104 288,000 5,277 SH SHARED-DEFINED 5,277
FLORIDA PROGRESS COCOM 341109106 350,000 8,473 SH SHARED-DEFINED 8,473
LG&E ENERGY CORP COM 501917108 248,000 11,821 SH SHARED-DEFINED 11,821
MONTANA POWER CO COM 612085100 233,000 3,302 SH SHARED-DEFINED 3,302
NEW CENTURY ENERGIECOM 64352U103 830,000 21,388 SH SHARED-DEFINED 21,388
NICOR INC COM 654086107 492,000 12,937 SH SHARED-DEFINED 12,937
NORTHWESTERN CORP COM 668074107 1,182,000 48,875 SH SHARED-DEFINED 48,875
PENNSYLVANIA ENTERPCOM 708720107 1,008,000 32,833 SH SHARED-DEFINED 32,833
PEOPLES ENERGY CORPCOM 711030106 1,119,000 29,680 SH SHARED-DEFINED 29,680
PUGET SOUND ENERGY COM 745332106 1,857,000 77,357 SH SHARED-DEFINED 77,357
RELIANT ENERGY INC COM 75952J108 377,000 13,650 SH SHARED-DEFINED 13,650
SOUTHERN CO COM 842587107 546,000 20,620 SH SHARED-DEFINED 20,620
SOUTHWEST GAS CORP COM 844895102 236,000 8,261 SH SHARED-DEFINED 8,261
TEXAS UTILS CO COM 882848104 841,000 20,290 SH SHARED-DEFINED 20,290
UNICOM CORP COM 904911104 499,000 12,937 SH SHARED-DEFINED 12,937
WISCONSIN ENERGY COCOM 976657106 281,000 11,200 SH SHARED-DEFINED 11,200
ALLTEL CORP COM 020039103 949,000 13,270 SH SHARED-DEFINED 13,270
AMERITECH CORP NEW COM 030954101 19,816,000 269,607 SH SHARED-DEFINED 269,607
BELL ATLANTIC CORP COM 077853109 3,737,000 57,160 SH SHARED-DEFINED 57,160
BELLSOUTH CORP COM 079860102 4,890,000 106,018 SH SHARED-DEFINED 106,018
SBC COMMUNICATIONS COM 78387G103 11,157,000 192,359 SH SHARED-DEFINED 192,359
SPRINT CORP COM FON GROUP 852061100 1,866,000 35,204 SH SHARED-DEFINED 35,204
TELEFONICA S A SPONSORED ADR 879382208 2,617,000 17,791 SH SHARED-DEFINED 17,791
TELEFONOS DE MEXICOSP ADR REP ORD L 879403780 1,762,000 21,808 SH SHARED-DEFINED 21,808
U S WEST INC NEW COM 91273H101 2,580,000 43,919 SH SHARED-DEFINED 43,919
KEYSPAN COM NEW 49337W100 313,000 11,871 SH SHARED-DEFINED 11,871
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