UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: SEPTEMBER 30, 1999
CHECK HERE IF AMENDMENT { }; AMENDMENT NUMBER:
THIS AMENDMENT (CHECK ONLY ONE.): { } IS A RESTATEMENT.
{ } ADDS NEW HOLDINGS ENTRIES.
INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT:
NAME: MEYER HANDELMAN COMPANY
ADDRESS: ROYAL EXECUTIVE PARK
4 INTERNATIONAL DRIVE
RYE BROOK, N Y 10573-1056
13F FILE NUMBER: 80100661
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: WILLIAM HANDELMAN
TITLE: PARTNER
PHONE: 914-939-4060
SIGNATURE, PLACE, AND DATE OF SIGNING:
WILLIAM R. HANDELMAN RYE BROOK, NEW YORK OCTOBER 22, 1999
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.
<PAGE>
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 31,552,011
FORM 13F INFORMATION TABLE VALUE TOTAL: $1,746,864
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
<PAGE>
<TABLE> <C>
<C>
FORM 13F
INFORMATION 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
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
AAR CORP COM 000361105 270 15000 SH
SOLE 15000
A T & T CORP COM 001957109 7321 170264 SH
OTHER 138264 32000
AXA FINANCIAL INC COM 002451102 336 6000 SH
NONE 6000
ABBOTT LABORATORIES INC COM 002824100 1547 41800 SH
OTHER 38400 3400
AIR PRODUCTS & CHEMICALS COM 009158106 290 10000 SH
SOLE 10000
ALCOA INC COM 013817101 11805 190400 SH
OTHER 150400 40000
ALLEGHENY TELEDYNE INC COM 017415100 405 23829 SH
SOLE 23829
ALLIEDSIGNAL INC COM 019512102 25989 433144 SH
OTHER 383144 50000
ALLSTATE CORP COM 020002101 7380 295206 SH
OTHER 247426 47780
AMERADA HESS CORP COM 023551104 734 12034 SH
OTHER 6034 6000
AMERICAN BILTRITE INC COM 024591110 488 30500 SH
SOLE 30500
AMERICAN ELECTRIC POWER CO COM 025537101 738 21694 SH
SOLE 21694
AMERICAN EXPRESS CO COM 025816109 2425 17964 SH
OTHER 14464 3500
AMERICAN GENERAL CORP COM 026351106 16622 263834 SH
OTHER 217911 45923
AMERICAN GREETINGS CORP CL A COM 026375105 2920 112300 SH
OTHER 110300 2000
AMERICAN HOME PRODUCTS CORP COM 026609107 33196 809660 SH
OTHER 756060 53600
AMERICAN INTL GROUP INC COM 026874107 6688 76879 SH
OTHER 9491 67388
AMERICAN MANAGEMENT SYSTEMS IN COM 027352103 504 19400 SH
SOLE 19400
ANHEUSER-BUSCH COMPANIES INC COM 035229103 19274 275344 SH
OTHER 216544 58800
AON CORP COM 037389103 606 20201 SH
OTHER 5413 14788
ARGONAUT GROUP INC COM 040157109 212 8460 SH
SOLE 8460
ARMSTRONG WORLD INDUSTRIES INC COM 042476101 2634 58540 SH
SOLE 58540
ATLANTIC RICHFIELD CO COM 048825103 12397 139297 SH
OTHER 120697 18600
AUTOLIV INC COM 052800109 1313 34554 SH
SOLE 34554
AUTOMATIC DATA PROCESSING, INC COM 053015103 779 17320 SH
SOLE 17320
AUTOZONE INC COM 053332102 333 11900 SH
SOLE 11900
AVERY DENNISON CORP COM 053611109 9759 184128 SH
OTHER 132128 52000
BHC COMMUNICATIONS, INC COM 055448104 681 4900 SH
SOLE 4900
BP AMOCO PLC - SPONS ADR COM 055622104 26083 234984 SH
OTHER 211430 23554
BANK OF AMERICA COM 060505104 318 5680 SH
OTHER 3680 2000
BARD - C. R. - INC COM 067383109 2092 44500 SH
OTHER 4500 40000
BAXTER INTERNATIONAL INC. COM 071813109 11698 194962 SH
OTHER 160462 34500
BELL ATLANTIC COM 077853109 9277 138460 SH
OTHER 102860 35600
BELLSOUTH CORP COM 079860102 339 7540 SH
SOLE 7540
BESTFOODS INC. COM 08658U101 8517 173819 SH
OTHER 169419 4400
BLACK & DECKER CORP. COM 091797100 10850 235872 SH
OTHER 206000 29872
BOEING CO COM 097023105 4618 107386 SH
OTHER 71386 36000
BRISTOL-MYERS SQUIBB CO COM 110122108 74557 1112788 SH
OTHER 1016276 96512
BRUSH WELLMAN,INC. COM 117421107 335 22308 SH
SOLE 22308
BURLINGTON RESOURCES INC COM 122014103 1405 37971 SH
OTHER 34971 3000
CBS CORPORATION COM 12490K107 4990 108468 SH
OTHER 105468 3000
CIGNA CORP. COM 125509109 463 5940 SH
SOLE 5940
CSX CORP COM 126408103 244 5820 SH
SOLE 5820
CABOT CORP. COM 127055101 216 9000 SH
SOLE 9000
CAMPBELL SOUP CO COM 134429109 11595 297300 SH
SOLE 297300
CARDINAL HEALTH INC COM 14149Y108 419 7756 SH
OTHER 7134 622
CATERPILLAR INC COM 149123101 7511 136561 SH
OTHER 87761 48800
CENDANT CORP COM 151313103 43568 2420439 SH
OTHER 2262630 157809
CENTRAL & SOUTH WEST CORP COM 152357109 477 22700 SH
SOLE 22700
CHAMPION INTERNATIONAL CORP COM 158525105 6723 131824 SH
OTHER 124824 7000
CHASE MANHATTAN CORP COM 16161A108 4518 60236 SH
SOLE 60236
CHEVRON CORP COM 166751107 13607 152884 SH
SOLE 152884
CITIGROUP INC COM 172967101 20366 462861 SH
OTHER 404863 57998
CLOROX CO COM 189054109 228 6000 SH
NONE 6000
COCA-COLA CO COM 191216100 15168 316000 SH
OTHER 172000 144000
COLGATE-PALMOLIVE CO COM 194162103 11988 260618 SH
OTHER 256618 4000
COMERICA INC COM 200340107 999 19590 SH
SOLE 19590
CORNING INC COM 219350105 20954 303678 SH
OTHER 239278 64400
COVANCE INC COM 222816100 148 14825 SH
OTHER 12825 2000
DATAWARE TECHNOLOGIES, INC. COM 237920103 28 14048 SH
SOLE 14048
<PAGE>
FORM 13F
INFORMATION 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
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
DAYTON-HUDSON CORP COM 239753106 234 3900 SH
NONE 3900
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 1554 97121 SH
OTHER 92930 4191
WALT DISNEY COMPANY COM 254687106 1197 46050 SH
NONE 46050
DOMINION RESOURCES INC COM 257470104 1228 27292 SH
SOLE 27292
DONNELLEY -R.R.- & SONS COM 257867101 4534 156352 SH
OTHER 120352 36000
DORCHESTER HUGOTON LTD-DEP REC COM 258205202 265 20400 SH
NONE 20400
DOW CHEMICAL CO COM 260543103 12830 112544 SH
OTHER 79544 33000
DUPONT -E.I.- DE NEMOURS & CO COM 263534109 30841 514022 SH
OTHER 453422 60600
DUKE ENERGY CORP COM 264399106 957 17400 SH
SOLE 17400
DUN & BRADSTREET CORP COM 264830100 1565 52162 SH
OTHER 51362 800
EASTERN ENTERPRISES COM 27637F100 507 11017 SH
SOLE 11017
EASTMAN CHEMICAL CO COM 277432100 231 5765 SH
SOLE 5765
EASTMAN KODAK CO COM 277461109 12105 159270 SH
OTHER 137970 21300
EATON INC COM 278058102 7620 88603 SH
OTHER 84603 4000
EDISON INTERNATIONAL COM 281020107 358 14920 SH
SOLE 14920
EL PASO ENERGY CORP COM 283905107 2232 55790 SH
OTHER 49256 6534
ELECTRONIC DATA SYSTEMS CORP COM 285661104 501 9460 SH
OTHER 6960 2500
EMERSON ELECTRIC CO COM 291011104 2268 36000 SH
OTHER 34000 2000
ENRON CORP COM 293561106 477 11632 SH
OTHER 7632 4000
ENTERGY CORP COM 29364F105 5067 174718 SH
SOLE 174718
ETHYL CORP COM 297659104 156 38921 SH
SOLE 38921
EXXON CORP COM 302290101 49855 655984 SH
OTHER 639984 16000
FPL GROUP INC COM 302571104 1443 28850 SH
SOLE 28850
FIRST UNION CORP COM 337358105 403 11200 SH
NONE 11200
FLEET FINANCIAL GROUP COM 338915101 222 6000 SH
SOLE 6000
FLOWERS INDUSTRIES INC COM 343496105 1257 89775 SH
SOLE 89775
FREEPORT MCMORAN COPPER & GOLD COM 35671D857 3712 232003 SH
SOLE 232003
FRESENIUS MEDICAL CARE-ADR COM 358029106 1005 45690 SH
SOLE 45690
GLOBAL CROSSING LTD COM 35906P105 3039 116882 SH
SOLE 116882
GTE CORP COM 362320103 41188 534915 SH
OTHER 502065 32850
GANNETT CO INC COM 364730101 498 7220 SH
OTHER 5520 1700
GARTNER GROUP INC - CL B COM 366651206 348 20483 SH
OTHER 19755 728
GENERAL ELECTRIC CO COM 369604103 173616 1458960 SH
OTHER 1346560 112400
GENERAL MILLS, INC COM 370334104 1976 24400 SH
OTHER 22800 1600
GENERAL MOTORS CORP COM 370442105 9263 147037 SH
OTHER 141037 6000
GENUINE PARTS CO COM 372460105 4314 159767 SH
OTHER 123767 36000
GEORGIA-PACIFIC CORP COM 373298108 1112 27800 SH
SOLE 27800
GEORGIA-PACIFIC (TIMBER GROUP) COM 373298702 283 12300 SH
SOLE 12300
GERBER SCIENTIFIC INC COM 373730100 2024 92000 SH
SOLE 92000
GERON CORP COM 374163103 276 27601 SH
SOLE 27601
GILLETTE CO COM 375766102 8163 240076 SH
OTHER 229100 10976
GLAXO WELLCOME PLC SPONSORED A COM 37733W105 1019 19600 SH
OTHER 11600 8000
GOODYEAR TIRE & RUBBER CO COM 382550101 595 12400 SH
OTHER 10400 2000
GRACE, W.R., & CO COM 383883105 1560 97514 SH
SOLE 97514
GRAINGER (W.W.) INC COM 384802104 259 5400 SH
NONE 5400
HALLIBURTON CO COM 406216101 11399 278034 SH
OTHER 238034 40000
HARCOURT GENERAL INC COM 41163G101 613 14600 SH
SOLE 14600
HARTFORD FINANCIAL SERVICES GR COM 416515104 1415 34500 SH
OTHER 32500 2000
HEINZ (H.J.) CO COM 423074103 275 6400 SH
SOLE 6400
HEWLETT-PACKARD CO COM 428236103 17624 193672 SH
OTHER 111672 82000
HOME DEPOT INC COM 437076102 207 3000 SH
SOLE 3000
HONEYWELL, INC COM 438506107 27955 251843 SH
OTHER 191043 60800
HOST MARRIOTT CORP COM 44107P104 125 13879 SH
SOLE 13879
HOUSEHOLD INTERNATIONAL CORP COM 441815107 360 9000 SH
NONE 9000
IMC GLOBAL INC COM 449669100 1101 73394 SH
SOLE 73394
IMS HEALTH INC COM 449934108 3621 157444 SH
OTHER 151844 5600
ITT INDUSTRIES INC COM 450911102 1115 34850 SH
OTHER 32850 2000
ILLINOIS TOOL WORKS INC COM 452308109 555 7400 SH
NONE 7400
INGERSOLL- RAND CO COM 456866102 38380 697821 SH
SOLE 697821
INTEL CORP COM 458140100 3700 50000 SH
OTHER 21000 29000
<PAGE>
FORM 13F
INFORMATION 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
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
INTERNATIONAL BUSINESS MACHINE COM 459200101 101502 838858 SH
OTHER 490042 348816
INTL. FLAVORS & FRAGRANCES COM 459506101 626 18400 SH
SOLE 18400
INTERNATIONAL PAPER CO COM 460146103 444 9245 SH
SOLE 9245
JEFFERSON PILOT CORP COM 475070108 1169 18562 SH
OTHER 10125 8437
JOHNSON & JOHNSON COM 478160104 4476 48652 SH
OTHER 41252 7400
KELLOGG CO COM 487836108 6913 186830 SH
SOLE 186830
KIMBERLY-CLARK CORP COM 494368103 48477 914668 SH
OTHER 853308 61360
LEHMAN BROTHERS HOLDINGS INC COM 524908100 360 6200 SH
SOLE 6200
LILLY ELI & CO COM 532457108 6417 100268 SH
SOLE 100268
LONE STAR TECHNOLOGIES INC COM 542312103 1356 67800 SH
OTHER 4800 63000
LOUISIANA PACIFIC CORP COM 546347105 472 29500 SH
SOLE 29500
LUBRIZOL CORP COM 549271104 307 11800 SH
SOLE 11800
LUCENT TECHNOLOGIES INC COM 549463107 5926 91172 SH
OTHER 69324 21848
MALLINCKRODT INC COM 561232109 5801 193353 SH
OTHER 191253 2100
MARSH & MC LENNAN COMPANIES IN COM 571748102 408 6000 SH
OTHER 2400 3600
MARRIOTT INTERNATIONAL - CLASS COM 571903202 836 25340 SH
SOLE 25340
MASCO CORP COM 574599106 3537 114100 SH
OTHER 108100 6000
MAY DEPARTMENT STORES CO COM 577778103 335 9300 SH
OTHER 5550 3750
MC CORMICK & CO COM 579780206 1520 46048 SH
OTHER 5600 40448
MC DONALD'S CORP COM 580135101 8758 203672 SH
OTHER 82176 121496
MCKESSON HBOC INC COM 58155Q103 5348 184430 SH
OTHER 148030 36400
MEAD CORP COM 582834107 1360 40000 SH
OTHER 4000 36000
MERCK & CO, INC COM 589331107 40948 629972 SH
OTHER 467372 162600
MICROSOFT CORP COM 594918104 339 3728 SH
SOLE 3728
MILLIPORE CORP COM 601073109 1688 44408 SH
OTHER 11928 32480
MINNESOTA MINING & MFG CO COM 604059105 11447 119244 SH
OTHER 100044 19200
MOBIL CORP COM 607059102 2465 24410 SH
SOLE 24410
MONSANTO CO COM 611662107 7367 204630 SH
OTHER 194630 10000
J. P. MORGAN & CO COM 616880100 1770 15528 SH
SOLE 15528
MORGAN STANLEY, DEAN WITTER CO COM 617446448 6810 76514 SH
OTHER 54246 22268
MOTOROLA, INC COM 620076109 22811 259214 SH
OTHER 199214 60000
MURPHY OIL CORPORATION COM 626717102 648 12000 SH
SOLE 12000
NEW CENTURY ENERGIES INC COM 64352U103 604 18300 SH
SOLE 18300
NEWMONT MINING CORP COM 651639106 7158 275314 SH
OTHER 255345 19969
NORDSTROM INC COM 655664100 421 15600 SH
SOLE 15600
NORTEL NETWORKS CORP COM 656569100 1224 24000 SH
NONE 24000
NORTHERN STATES POWER CO COM 665772109 520 23652 SH
SOLE 23652
NUCOR CORP COM 670346105 4992 104000 SH
OTHER 63500 40500
OGDEN CORP COM 676346109 2461 246066 SH
OTHER 241024 5042
OWENS CORNING COM 69073F103 218 9900 SH
SOLE 9900
P G & E CORPORATION COM 69331C108 1242 47788 SH
SOLE 47788
PE CORP - PE BIOSYSTEMS GROUP COM 69332S102 8525 118400 SH
OTHER 78400 40000
PE CORP - CELERA GENOMICS GROU COM 69332S201 1184 29600 SH
OTHER 19600 10000
PPG INDUSTRIES INC COM 693506107 16350 272493 SH
OTHER 267893 4600
J.C. PENNEY CO INC COM 708160106 2259 66432 SH
SOLE 66432
PEPSICO INC COM 713448108 12914 430450 SH
OTHER 370450 60000
PHARMACIA & UPJOHN INC COM 716941109 7516 150314 SH
OTHER 106814 43500
PFIZER INC COM 717081103 24826 689610 SH
OTHER 628806 60804
PHELPS DODGE CORP COM 717265102 264 4800 SH
SOLE 4800
PHILIP MORRIS COS COM 718154107 6691 196800 SH
OTHER 150200 46600
PHILLIPS PETROLEUM CO COM 718507106 3394 69267 SH
SOLE 69267
PITNEY-BOWES, INC COM 724479100 7318 119968 SH
SOLE 119968
POGO PRODUCING CO COM 730448107 729 34700 SH
SOLE 34700
POTLATCH CORP COM 737628107 2010 49033 SH
SOLE 49033
POTOMAC ELECTRIC POWER CO COM 737679100 510 20415 SH
SOLE 20415
PREMARK INTERNATIONAL INC. COM 740459102 3260 65199 SH
SOLE 65199
PROCTER & GAMBLE CO COM 742718109 53018 564023 SH
OTHER 500023 64000
RELIASTAR FINANCIAL CORP COM 75952U103 528 16000 SH
NONE 16000
REYNOLDS METALS CO COM 761763101 1336 22260 SH
SOLE 22260
ROHM & HAAS CO COM 775371107 6689 185795 SH
SOLE 185795
<PAGE>
FORM 13F
INFORMATION 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
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
ROUSE CO. COM 779273101 258 11202 SH
SOLE 11202
ROYAL DUTCH PETROLEUM COM 780257804 897 15200 SH
OTHER 3200 12000
SCHERING - PLOUGH CORP COM 806605101 2878 65400 SH
SOLE 65400
SCHLUMBERGER, LTD COM 806857108 1462 23576 SH
OTHER 9576 14000
SEALED AIR CORP COM 81211K100 2666 52265 SH
SOLE 52265
SEALED AIR CORP - SER A CV PFD COM 81211K209 2362 46316 SH
SOLE 46316
SEARS, ROEBUCK & CO COM 812387108 5282 170377 SH
OTHER 143877 26500
SEMPRA ENERGY COM 816851109 1361 64812 SH
SOLE 64812
SMITHKLINE BEECHAM ADR ORD A COM 832378301 2939 50678 SH
OTHER 42678 8000
SOLUTIA INC COM 834376105 1424 79112 SH
SOLE 79112
SONAT INC COM 835415100 5485 137117 SH
OTHER 99117 38000
SBC COMMUNICATIONS INC COM 845333103 985 19304 SH
OTHER 12284 7020
SPRINT CORP (FON GROUP) COM 852061100 966 17882 SH
OTHER 15382 2500
SPRINT CORP (PCS GROUP) COM 852061506 288 3845 SH
SOLE 3845
STARWOOD HOTELS & RESORTS COM 85590A203 1874 85200 SH
OTHER 82100 3100
SYNAPTIC PHARMACEUTICAL CORP COM 87156R109 144 28747 SH
SOLE 28747
SYNOPSYS INC COM 871607107 280 5000 SH
SOLE 5000
SYSCO CORP COM 871829107 8379 239400 SH
OTHER 226400 13000
TRW INC COM 872649108 480 9600 SH
NONE 9600
TEMPLE-INLAND INC COM 879868107 5070 83116 SH
OTHER 81716 1400
TENET HEALTHCARE CORP COM 88033G100 1966 109200 SH
OTHER 60200 49000
TENNECO INC COM 880370101 2592 152487 SH
OTHER 146287 6200
TEXACO INC COM 881694103 6531 103671 SH
OTHER 72671 31000
TEXAS INSTRUMENTS, INC COM 882508104 11283 137600 SH
OTHER 17600 120000
TEXAS UTILITIES CO COM 882848104 1533 41432 SH
OTHER 23432 18000
TIME WARNER INC COM 887315109 18345 300742 SH
OTHER 275142 25600
TOYS R US INC. COM 892335100 312 20775 SH
SOLE 20775
TRIBUNE CO COM 896047107 400 8000 SH
NONE 8000
TUPPERWARE CORP COM 899896104 1847 92349 SH
SOLE 92349
TYCO INTERNATIONAL LTD COM 902124106 123087 1195022 SH
OTHER 282782 912240
USX - MARATHON GROUP COM 902905827 6756 232960 SH
OTHER 188960 44000
UNUMPROVIDENT CORP COM 903192102 497 17124 SH
NONE 17124
U.S. FOODSERVICE COM 90331R101 659 36614 SH
OTHER 30802 5812
UNION PACIFIC CORPORATION COM 907818108 558 11633 SH
SOLE 11633
UNION PACIFIC RESOURCES GROUP COM 907834105 169 10584 SH
SOLE 10584
UNITED TECHNOLOGIES INC COM 913017109 602 10200 SH
OTHER 7200 3000
UNITRIN INC COM 913275103 889 25400 SH
SOLE 25400
UNITRODE CORP COM 913283107 672 16000 SH
NONE 16000
UNIVERSAL FOODS CORP COM 913538104 2397 104200 SH
SOLE 104200
UNOCAL CORP COM 915289102 4562 123307 SH
SOLE 123307
VENATOR GROUP INC COM 922944103 966 107350 SH
SOLE 107350
VLASIC FOODS INTERNATIONAL COM 928559103 170 24240 SH
SOLE 24240
VODAFONE AIRTOUCH PLC- SP ADR COM 92857T107 657 2760 SH
SOLE 2760
WAL-MART STORES COM 931142103 5938 123700 SH
OTHER 97100 26600
WARNER LAMBERT CO COM 934488107 17638 267236 SH
SOLE 267236
WASHINGTON POST CO. CL. B. COM 939640108 204 400 SH
SOLE 400
WELLS FARGO & CO COM 949740104 480 12000 SH
NONE 12000
WEYERHAEUSER CO COM 962166104 1264 21800 SH
OTHER 1800 20000
WILLIAMS COMPANIES COM 969457100 2630 69200 SH
SOLE 69200
WINN-DIXIE STORES, INC COM 974280109 645 21512 SH
SOLE 21512
WISCONSIN ENERGY CORP COM 976657106 1062 46172 SH
SOLE 46172
XEROX CORP COM 984121103 18724 445800 SH
OTHER 358200 87600
</TABLE>
