UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: JUNE 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 JULY 28, 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: 31,343,625
FORM 13F INFORMATION TABLE VALUE TOTAL: $1,855,584
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 345 15000 SH
SOLE 15000
A T & T CORP COM 001957109 8549 152664 SH
OTHER 120664 32000
ABBOTT LABORATORIES INC COM 002824100 837 18600 SH
OTHER 15200 3400
ACNIELSEN CORP COM 004833109 223 7421 SH
OTHER 6489 932
AETNA INC COM 008117103 223 2500 SH
SOLE 2500
AIR PRODUCTS & CHEMICALS COM 009158106 400 10000 SH
SOLE 10000
AIRTOUCH COMMUNICATIONS COM 00949T100 596 5520 SH
SOLE 5520
ALBEMARLE CORP COM 012653101 227 9877 SH
SOLE 9877
ALCOA INC COM 013817101 11929 192400 SH
OTHER 152400 40000
ALLEGHENY TELEDYNE INC COM 017415100 548 23829 SH
SOLE 23829
ALLIEDSIGNAL INC COM 019512102 27455 435794 SH
OTHER 385794 50000
ALLSTATE CORP COM 020002101 10257 284906 SH
OTHER 237126 47780
AMERADA HESS CORP COM 023551104 710 12034 SH
OTHER 6034 6000
AMERICAN BILTRITE INC COM 024591110 610 30500 SH
SOLE 30500
AMERICAN ELECTRIC POWER CO COM 025537101 824 21694 SH
SOLE 21694
AMERICAN EXPRESS CO COM 025816109 2400 18462 SH
OTHER 14962 3500
AMERICAN GENERAL CORP COM 026351106 19788 263834 SH
OTHER 217911 45923
AMERICAN GREETINGS CORP CL A COM 026375105 3354 111800 SH
OTHER 109800 2000
AMERICAN HOME PRODUCTS CORP COM 026609107 46151 809660 SH
OTHER 756060 53600
AMERICAN INTL GROUP INC COM 026874107 7196 61505 SH
OTHER 7593 53912
AMERICAN MANAGEMENT SYSTEMS IN COM 027352103 621 19400 SH
SOLE 19400
AMERITECH CORPORATION COM 030954101 201 2760 SH
SOLE 2760
ANHEUSER-BUSCH COMPANIES INC COM 035229103 19720 277744 SH
OTHER 218944 58800
AON CORP COM 037389103 828 20201 SH
OTHER 5413 14788
ARGONAUT GROUP INC COM 040157109 203 8460 SH
SOLE 8460
ARMSTRONG WORLD INDUSTRIES INC COM 042476101 3395 58540 SH
SOLE 58540
ATLANTIC RICHFIELD CO COM 048825103 11718 139497 SH
OTHER 120897 18600
AUTOLIV INC COM 052800109 1037 34554 SH
SOLE 34554
AUTOMATIC DATA PROCESSING, INC COM 053015103 762 17320 SH
SOLE 17320
AUTOZONE INC COM 053332102 357 11900 SH
SOLE 11900
AVERY DENNISON CORP COM 053611109 11048 184128 SH
OTHER 132128 52000
BHC COMMUNICATIONS, INC COM 055448104 676 5200 SH
SOLE 5200
BP AMOCO PLC - SPONS ADR COM 055622104 25430 235460 SH
OTHER 211906 23554
BANK OF AMERICA COM 060505104 415 5680 SH
OTHER 3680 2000
BARD - C. R. - INC COM 067383109 2208 46000 SH
OTHER 6000 40000
BAXTER INTERNATIONAL INC. COM 071813109 11893 194962 SH
OTHER 160462 34500
BELL ATLANTIC COM 077853109 9000 138460 SH
OTHER 102860 35600
BELLSOUTH CORP COM 079860102 347 7540 SH
SOLE 7540
BESTFOODS INC. COM 08658U101 8385 171119 SH
OTHER 166719 4400
BLACK & DECKER CORP. COM 091797100 14860 235872 SH
OTHER 206000 29872
BOEING CO COM 097023105 4725 107386 SH
OTHER 71386 36000
BRISTOL-MYERS SQUIBB CO COM 110122108 79116 1130228 SH
OTHER 1033716 96512
BRUSH WELLMAN,INC. COM 117421107 402 22308 SH
SOLE 22308
BURLINGTON NORTHERN SANTA FE COM 12189T104 214 6900 SH
NONE 6900
BURLINGTON RESOURCES INC COM 122014103 1659 38581 SH
OTHER 35581 3000
CBS INC COM 12490K107 4773 108468 SH
OTHER 105468 3000
CIGNA CORP. COM 125509109 529 5940 SH
SOLE 5940
CSX CORP COM 126408103 262 5820 SH
SOLE 5820
CABOT CORP. COM 127055101 216 9000 SH
SOLE 9000
CAMPBELL SOUP CO COM 134429109 13676 297300 SH
SOLE 297300
CARDINAL HEALTH INC COM 14149Y108 520 8129 SH
OTHER 7507 622
CATERPILLAR INC COM 149123101 8194 136561 SH
OTHER 87761 48800
CENDANT CORP COM 151313103 48409 2420439 SH
OTHER 2262630 157809
CENTRAL & SOUTH WEST CORP COM 152357109 522 22700 SH
SOLE 22700
CHAMPION INTERNATIONAL CORP COM 158525105 6334 131957 SH
OTHER 124957 7000
CHASE MANHATTAN CORP COM 16161A108 5197 60436 SH
SOLE 60436
CHEVRON CORP COM 166751107 14524 152884 SH
SOLE 152884
CITIGROUP INC COM 172967101 22222 472811 SH
OTHER 406063 66748
CLOROX CO COM 189054109 321 3000 SH
NONE 3000
COCA-COLA CO COM 191216100 19592 316000 SH
OTHER 172000 144000
<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
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
COLGATE-PALMOLIVE CO COM 194162103 12770 260618 SH
OTHER 256618 4000
COMERICA INC COM 200340107 1156 19590 SH
SOLE 19590
CORNING INC COM 219350105 21481 306878 SH
OTHER 242478 64400
COVANCE INC COM 222816100 394 16425 SH
OTHER 12825 3600
DATAWARE TECHNOLOGIES, INC. COM 237920103 28 14048 SH
SOLE 14048
DAYTON-HUDSON CORP COM 239753106 254 3900 SH
NONE 3900
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 1849 102718 SH
OTHER 98527 4191
WALT DISNEY COMPANY COM 254687106 1428 46050 SH
NONE 46050
DOMINION RESOURCES INC COM 257470104 1174 27292 SH
SOLE 27292
DONNELLEY -R.R.- & SONS COM 257867101 5511 148952 SH
OTHER 112952 36000
DORCHESTER HUGOTON LTD-DEP REC COM 258205202 224 20400 SH
NONE 20400
DOW CHEMICAL CO COM 260543103 14312 112694 SH
OTHER 79694 33000
DUPONT -E.I.- DE NEMOURS & CO COM 263534109 34953 514022 SH
OTHER 453422 60600
DUKE ENERGY CORP COM 264399106 929 17200 SH
SOLE 17200
DUN & BRADSTREET CORP COM 264830100 1896 54162 SH
OTHER 51362 2800
EASTERN ENTERPRISES COM 27637F100 441 11017 SH
SOLE 11017
EASTMAN CHEMICAL CO COM 277432100 300 5765 SH
SOLE 5765
EASTMAN KODAK CO COM 277461109 10830 159270 SH
OTHER 137970 21300
EATON INC COM 278058102 8151 88603 SH
OTHER 84603 4000
EDISON INTERNATIONAL COM 281020107 403 14920 SH
SOLE 14920
EL PASO ENERGY CORP COM 283905107 1785 50990 SH
OTHER 44456 6534
ELECTRONIC DATA SYSTEMS CORP COM 285661104 397 6960 SH
SOLE 6960
EMERSON ELECTRIC CO COM 291011104 2268 36000 SH
OTHER 34000 2000
ENRON CORP COM 293561106 313 3816 SH
SOLE 3816
ENTERGY CORP COM 29364F105 5416 174718 SH
SOLE 174718
EQUITABLE COMPANIES INC COM 29444G107 402 6000 SH
NONE 6000
ETHYL CORP COM 297659104 234 38921 SH
SOLE 38921
EXXON CORP COM 302290101 50642 657684 SH
OTHER 641684 16000
FPL GROUP INC COM 302571104 1587 28850 SH
SOLE 28850
FIRST UNION CORP COM 337358105 526 11200 SH
NONE 11200
FLEET FINANCIAL GROUP COM 338915101 264 6000 SH
SOLE 6000
FLOWERS INDUSTRIES INC COM 343496105 1975 89775 SH
SOLE 89775
FREEPORT MCMORAN COPPER & GOLD COM 35671D857 4546 252560 SH
SOLE 252560
FRESENIUS MEDICAL CARE-ADR COM 358029106 914 45690 SH
SOLE 45690
FRONTIER CORP COM 35906P105 3364 57016 SH
SOLE 57016
GTE CORP COM 362320103 40195 535935 SH
OTHER 503085 32850
GANNETT CO INC COM 364730101 513 7220 SH
OTHER 5520 1700
GENERAL ELECTRIC CO COM 369604103 169405 1499160 SH
OTHER 1386760 112400
GENERAL MILLS, INC COM 370334104 1952 24400 SH
OTHER 22800 1600
GENERAL MOTORS CORP COM 370442105 9704 147037 SH
OTHER 141037 6000
GENUINE PARTS CO COM 372460105 5592 159767 SH
OTHER 123767 36000
GEORGIA-PACIFIC CORP COM 373298108 1335 28400 SH
SOLE 28400
GEORGIA-PACIFIC (TIMBER GROUP) COM 373298702 320 12800 SH
SOLE 12800
GERBER SCIENTIFIC INC COM 373730100 2024 92000 SH
SOLE 92000
GERON CORP COM 374163103 276 27601 SH
SOLE 27601
GILLETTE CO COM 375766102 9843 240076 SH
OTHER 229100 10976
GLAXO WELLCOME PLC SPONSORED A COM 37733W105 1117 19600 SH
OTHER 11600 8000
GOODYEAR TIRE & RUBBER CO COM 382550101 732 12400 SH
OTHER 10400 2000
GRACE, W.R., & CO COM 383883105 1853 97514 SH
SOLE 97514
GRAINGER (W.W.) INC COM 384802104 292 5400 SH
NONE 5400
HALLIBURTON CO COM 406216101 12530 278434 SH
OTHER 238434 40000
HARCOURT GENERAL INC COM 41163G101 312 6000 SH
SOLE 6000
HARTFORD FINANCIAL SERVICES GR COM 416515104 2001 34500 SH
OTHER 32500 2000
HEINZ (H.J.) CO COM 423074103 320 6400 SH
SOLE 6400
HERSHEY FOODS CORP COM 427866108 555 9400 SH
OTHER 5400 4000
HEWLETT-PACKARD CO COM 428236103 19417 194172 SH
OTHER 112172 82000
HONEYWELL, INC COM 438506107 29214 251843 SH
OTHER 191043 60800
HOST MARRIOTT CORP COM 44107P104 167 13879 SH
SOLE 13879
HOUSEHOLD INTERNATIONAL CORP COM 441815107 423 9000 SH
NONE 9000
IMC GLOBAL INC COM 449669100 1231 72394 SH
SOLE 72394
<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
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
IMS HEALTH INC COM 449934108 4881 157444 SH
OTHER 151844 5600
ITT INDUSTRIES INC COM 450911102 1313 34550 SH
OTHER 32550 2000
ILLINOIS TOOL WORKS INC COM 452308109 607 7400 SH
NONE 7400
INGERSOLL- RAND CO COM 456866102 45430 698921 SH
SOLE 698921
INTEL CORP COM 458140100 2950 50000 SH
OTHER 21000 29000
INTERNATIONAL BUSINESS MACHINE COM 459200101 108419 840458 SH
OTHER 491642 348816
INTL. FLAVORS & FRAGRANCES COM 459506101 898 20400 SH
SOLE 20400
INTERNATIONAL PAPER CO COM 460146103 462 9245 SH
SOLE 9245
JEFFERSON PILOT CORP COM 475070108 1225 18562 SH
OTHER 10125 8437
JOHNSON & JOHNSON COM 478160104 4768 48652 SH
OTHER 41252 7400
KELLOGG CO COM 487836108 6165 186830 SH
SOLE 186830
KIMBERLY-CLARK CORP COM 494368103 52136 914668 SH
OTHER 853308 61360
LEHMAN BROTHERS HOLDINGS INC COM 524908100 384 6200 SH
SOLE 6200
LILLY ELI & CO COM 532457108 7219 100268 SH
SOLE 100268
LONE STAR TECHNOLOGIES INC COM 542312103 1220 67800 SH
OTHER 4800 63000
LOUISIANA PACIFIC CORP COM 546347105 732 30500 SH
SOLE 30500
LUBRIZOL CORP COM 549271104 481 17800 SH
SOLE 17800
LUCENT TECHNOLOGIES INC COM 549463107 6109 91172 SH
OTHER 69324 21848
MALLINCKRODT INC COM 561232109 6961 193353 SH
OTHER 191253 2100
MARSH & MC LENNAN COMPANIES IN COM 571748102 456 6000 SH
OTHER 2400 3600
MARRIOTT INTERNATIONAL - CLASS COM 571903202 938 25340 SH
SOLE 25340
MASCO CORP COM 574599106 3309 114100 SH
OTHER 108100 6000
MAY DEPARTMENT STORES CO COM 577778103 381 9300 SH
OTHER 5550 3750
MC CORMICK & CO COM 579780206 1474 46048 SH
OTHER 5600 40448
MC DONALD'S CORP COM 580135101 8351 203672 SH
OTHER 82176 121496
MCKESSON HBOC INC COM 58155Q103 5678 177430 SH
OTHER 141030 36400
MEAD CORP COM 582834107 1680 40000 SH
OTHER 4000 36000
MERCK & CO, INC COM 589331107 46692 630972 SH
OTHER 468372 162600
MICROSOFT CORP COM 594918104 336 3728 SH
SOLE 3728
MILLIPORE CORP COM 601073109 1821 44408 SH
OTHER 11928 32480
MINNESOTA MINING & MFG CO COM 604059105 10435 119944 SH
OTHER 100744 19200
MOBIL CORP COM 607059102 2417 24410 SH
SOLE 24410
MONSANTO CO COM 611662107 8185 204630 SH
OTHER 194630 10000
J. P. MORGAN & CO COM 616880100 2174 15528 SH
SOLE 15528
MORGAN STANLEY, DEAN WITTER CO COM 617446448 7881 76514 SH
OTHER 54246 22268
MOTOROLA, INC COM 620076109 24625 259214 SH
OTHER 199214 60000
MURPHY OIL CORPORATION COM 626717102 588 12000 SH
SOLE 12000
NEW CENTURY ENERGIES INC COM 64352U103 714 18300 SH
SOLE 18300
NEWMONT MINING CORP COM 651639106 5521 276062 SH
OTHER 256093 19969
NORDSTROM INC COM 655664100 515 15600 SH
SOLE 15600
NORTEL NETWORKS CORP COM 656569100 1044 12000 SH
NONE 12000
NORTHERN STATES POWER CO COM 665772109 568 23652 SH
SOLE 23652
NUCOR CORP COM 670346105 4888 104000 SH
OTHER 63500 40500
OGDEN CORP COM 676346109 6644 246066 SH
OTHER 241024 5042
OWENS CORNING COM 69073F103 337 9900 SH
SOLE 9900
P G & E CORPORATION COM 69331C108 1529 47788 SH
SOLE 47788
PE CORP - PE BIOSYSTEMS GROUP COM 69332S102 6808 59200 SH
OTHER 39200 20000
PE CORP - CELERA GENOMICS GROU COM 69332S201 474 29600 SH
OTHER 19600 10000
PPG INDUSTRIES INC COM 693506107 16077 272493 SH
OTHER 267893 4600
J.C. PENNEY CO INC COM 708160106 3255 66432 SH
SOLE 66432
PEPSICO INC COM 713448108 17127 439150 SH
OTHER 370750 68400
PHARMACIA & UPJOHN INC COM 716941109 8568 150314 SH
OTHER 106814 43500
PFIZER INC COM 717081103 24826 689610 SH
OTHER 628806 60804
PHELPS DODGE CORP COM 717265102 298 4800 SH
SOLE 4800
PHILIP MORRIS COS COM 718154107 7872 196800 SH
OTHER 150200 46600
PHILLIPS PETROLEUM CO COM 718507106 3463 69267 SH
SOLE 69267
PITNEY-BOWES, INC COM 724479100 7678 119968 SH
SOLE 119968
POGO PRODUCING CO COM 730448107 659 34700 SH
SOLE 34700
POTLATCH CORP COM 737628107 2157 49033 SH
SOLE 49033
POTOMAC ELECTRIC POWER CO COM 737679100 592 20415 SH
SOLE 20415
<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
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
PREMARK INTERNATIONAL INC. COM 740459102 2412 65199 SH
SOLE 65199
PROCTER & GAMBLE CO COM 742718109 50394 566223 SH
OTHER 502223 64000
RELIASTAR FINANCIAL CORP COM 75952U103 704 16000 SH
NONE 16000
REYNOLDS METALS CO COM 761763101 1384 23460 SH
SOLE 23460
ROHM & HAAS CO COM 775371107 7989 185795 SH
SOLE 185795
ROUSE CO. COM 779273101 280 11202 SH
SOLE 11202
ROYAL DUTCH PETROLEUM COM 780257804 912 15200 SH
OTHER 3200 12000
SCHERING - PLOUGH CORP COM 806605101 3401 65400 SH
SOLE 65400
SCHLUMBERGER, LTD COM 806857108 1509 23576 SH
OTHER 9576 14000
SEALED AIR CORP COM 81211K100 3397 52265 SH
SOLE 52265
SEALED AIR CORP - SER A CV PFD COM 81211K209 2872 46316 SH
SOLE 46316
SEARS, ROEBUCK & CO COM 812387108 7370 163777 SH
OTHER 137277 26500
SEMPRA ENERGY COM 816851109 1518 66012 SH
SOLE 66012
SMITHKLINE BEECHAM ADR ORD A COM 832378301 3345 50678 SH
OTHER 42678 8000
SOLUTIA INC COM 834376105 1617 77012 SH
SOLE 77012
SONAT INC COM 835415100 4525 137117 SH
OTHER 99117 38000
SBC COMMUNICATIONS INC COM 845333103 1120 19304 SH
OTHER 12284 7020
SPRINT CORP (FON GROUP) COM 852061100 815 15382 SH
SOLE 15382
SPRINT CORP (PCS GROUP) COM 852061506 219 3845 SH
SOLE 3845
STARWOOD HOTELS & RESORTS COM 85590A203 2449 79000 SH
OTHER 75900 3100
SYNAPTIC PHARMACEUTICAL CORP COM 87156R109 144 28747 SH
SOLE 28747
SYNOPSYS INC COM 871607107 275 5000 SH
SOLE 5000
SYSCO CORP COM 871829107 7182 239400 SH
OTHER 226400 13000
TRW INC COM 872649108 528 9600 SH
NONE 9600
TEMPLE-INLAND INC COM 879868107 5735 83116 SH
OTHER 81716 1400
TENET HEALTHCARE CORP COM 88033G100 2018 106200 SH
OTHER 57200 49000
TENNECO INC COM 880370101 3720 154987 SH
OTHER 148787 6200
TEXACO INC COM 881694103 6428 103671 SH
OTHER 72671 31000
TEXAS INSTRUMENTS, INC COM 882508104 9907 68800 SH
OTHER 8800 60000
TEXAS UTILITIES CO COM 882848104 1699 41432 SH
OTHER 23432 18000
TIME WARNER INC COM 887315109 21976 301042 SH
OTHER 275442 25600
TOYS R US INC. COM 892335100 436 20775 SH
SOLE 20775
TRIBUNE CO COM 896047107 348 4000 SH
NONE 4000
TUPPERWARE CORP COM 899896104 2384 95349 SH
SOLE 95349
TYCO INTERNATIONAL LTD COM 902124106 114686 1207222 SH
OTHER 294982 912240
USX - MARATHON GROUP COM 902905827 7691 233060 SH
OTHER 189060 44000
UNUMPROVIDENT CORP COM 903192102 942 17124 SH
NONE 17124
U.S. FOODSERVICE COM 90331R101 787 18307 SH
OTHER 15401 2906
UNION PACIFIC CORPORATION COM 907818108 675 11633 SH
SOLE 11633
UNION PACIFIC RESOURCES GROUP COM 907834105 169 10584 SH
SOLE 10584
UNITED TECHNOLOGIES INC COM 913017109 734 10200 SH
OTHER 7200 3000
UNITRIN INC COM 913275103 1041 25400 SH
SOLE 25400
UNITRODE CORP COM 913283107 464 16000 SH
NONE 16000
UNIVERSAL FOODS CORP COM 913538104 2062 98200 SH
SOLE 98200
UNOCAL CORP COM 915289102 4932 123307 SH
SOLE 123307
VENATOR GROUP INC COM 922944103 1074 107350 SH
SOLE 107350
VLASIC FOODS INTERNATIONAL COM 928559103 171 24480 SH
SOLE 24480
WAL-MART STORES COM 931142103 5938 123700 SH
OTHER 97100 26600
WARNER LAMBERT CO COM 934488107 18439 267236 SH
SOLE 267236
WASHINGTON POST CO. CL. B. COM 939640108 215 400 SH
SOLE 400
WELLS FARGO & CO COM 949740104 516 12000 SH
NONE 12000
WEYERHAEUSER CO COM 962166104 1504 21800 SH
OTHER 1800 20000
WILLIAMS COMPANIES COM 969457100 2976 69200 SH
SOLE 69200
WINN-DIXIE STORES, INC COM 974280109 796 21512 SH
SOLE 21512
WISCONSIN ENERGY CORP COM 976657106 1154 46172 SH
SOLE 46172
XEROX CORP COM 984121103 24638 417600 SH
OTHER 330000 87600
</TABLE>
