<TABLE>
<C> <C>
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
AK STL HLDG CORP COMMON 001547108 193 10200 SH DEFINED 1 1000 0 9200
AMR CORP COMMON 001765106 570 8500 SH DEFINED 1 8500 0 0
AT&T CORP COMMON 001957109 16017 315215 SH DEFINED 1 278765 600 35850
AT&T CORP-LIBERTY GROUP B COMMON 001957307 258 3750 SH DEFINED 1 325 0 3425
ABBOTT LABS COMMON 002824100 1870 51500 SH DEFINED 1 51500 0 0
ACXIOM CORP COMMON 005125109 1126 46900 SH DEFINED 1 30000 0 16900
ADELPHIA COMMUNICATIONS CL A 006848105 984 15000 SH DEFINED 1 15000 0 0
ADVANCED MICRO DEVICES I COMMON 007903107 14736 509250 SH DEFINED 1 490350 1100 17800
AETNA INC COMMON 008117103 279 5000 SH DEFINED 1 5000 0 0
AGILENT TECHNOLOGIES INC COMMON 00846U101 1546 20000 SH DEFINED 1 20000 0 0
ALBERTSONS INC COMMON 013104104 7464 231450 SH DEFINED 1 214850 0 16600
ALCATEL DEPOSITORY RECEI 013904305 28113 624730 SH DEFINED 1 591280 500 32950
ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 3807 431950 SH DEFINED 1 409350 2000 20600
ALLSTATE CORP COMMON 020002101 8153 338825 SH DEFINED 1 309325 650 28850
ALLTEL CORP COMMON 020039103 25602 309625 SH DEFINED 1 293675 400 15550
ALZA CORP DEL COMMON 022615108 1645 47500 SH DEFINED 1 41200 0 6300
AMERICAN GENERAL CORP COMMON 026351106 4714 62126 SH DEFINED 1 55100 0 7026
AMERICAN HOME PRODS CORP COMMON 026609107 16842 429100 SH DEFINED 1 389750 950 38400
AMERICAN NATL INS CO COMMON 028591105 1466 23000 SH DEFINED 1 23000 0 0
ANTEC CORP COMMON 03664P105 365 10000 SH DEFINED 1 10000 0 0
ARROW INTL INC COMMON 042764100 13908 479600 SH DEFINED 1 425600 0 54000
ARTISAN COMPONENTS INC COMMON 042923102 826 40000 SH DEFINED 1 40000 0 0
ATLANTIC RICHFIELD COMMON 048825103 12268 141825 SH DEFINED 1 133175 150 8500
AVON PRODS INC COMMON 054303102 2805 85000 SH DEFINED 1 77400 0 7600
BAKER HUGHES INC COMMON 057224107 8250 391700 SH DEFINED 1 371700 600 19400
BANK OF AMERICA CORP OMMON 060505104 22583 449977 SH DEFINED 1 415590 650 33737
BANK NEW YORK INC COMMON 064057102 800 20000 SH DEFINED 1 20000 0 0
BANK ONE CORP COMMON 06423A103 9709 303399 SH DEFINED 1 283014 700 19685
BARR LABS INC COMMON 068306109 292 9300 SH DEFINED 1 2200 0 7100
BAUSCH & LOMB INC COMMON 071707103 2067 30200 SH DEFINED 1 21000 0 9200
BAXTER INTL INC COMMON 071813109 9138 145475 SH DEFINED 1 137325 0 8150
BEACON CAPITAL PARTNERS COMMON 073561102 2100 175000 SH DEFINED 1 175000 0 0
BECTON DICKINSON & CO COMMON 075887109 8263 306750 SH DEFINED 1 285950 0 20800
BELL ATLANTIC CORP COMMON 077853109 246 4000 SH DEFINED 1 0 0 4000
BELLSOUTH CORP COMMON 079860102 4163 88925 SH DEFINED 1 80475 0 8450
BETHLEHEM STL CORP COMMON 087509105 1256 150000 SH DEFINED 1 150000 0 0
BLACK & DECKER CORP COMMON 091797100 17914 342850 SH DEFINED 1 309100 450 33300
BOEING CO COMMON 097023105 4728 114100 SH DEFINED 1 95150 0 18950
BOISE CASCADE CORP COMMON 097383103 18435 455175 SH DEFINED 1 415775 600 38800
BOSTON SCIENTIFIC CORP COMMON 101137107 328 15000 SH DEFINED 1 2000 0 13000
BOWATER INC COMMON 102183100 1016 18700 SH DEFINED 1 12500 0 6200
BOYKIN LODGING CO COMMON 103430104 432 39500 SH DEFINED 1 37500 0 2000
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 213 13000 SH DEFINED 1 3000 0 10000
BURLINGTON RES INC COMMON 122014103 1127 34100 SH DEFINED 1 28400 0 5700
CADE INDS INC COMMON 127382109 75 15000 SH DEFINED 1 15000 0 0
CAMPBELL SOUP CO COMMON 134429109 1277 33000 SH DEFINED 1 33000 0 0
CARPENTER TECHNOLOGY COR COMMON 144285103 4127 150400 SH DEFINED 1 119400 0 31000
CATERPILLAR INC DEL COMMON 149123101 200 4250 SH DEFINED 1 0 0 4250
CENDANT CORP COMMON 151313103 1328 50000 SH DEFINED 1 50000 0 0
CHARTER COMMUNICATIONS I CL A 16117M107 547 25000 SH DEFINED 1 24000 0 1000
CHASE MANHATTAN CORP NEW OMMON 16161A108 1989 25600 SH DEFINED 1 19100 0 6500
CHEVRON CORPORATION COMMON 166751107 1698 19600 SH DEFINED 1 13950 250 5400
CISCO SYS INC COMMON 17275R102 4735 44200 SH DEFINED 1 43200 0 1000
CITIGROUP INC COMMON 172967101 16189 290705 SH DEFINED 1 258000 725 31980
CLOSURE MED CORP COMMON 189093107 949 73700 SH DEFINED 1 67300 0 6400
COLONIAL PPTYS TR COM SH BEN INT 195872106 2500 107800 SH DEFINED 1 100800 0 7000
COLUMBIA/HCA HEALTHCARE COMMON 197677107 15958 544400 SH DEFINED 1 502575 1325 40500
COMPAQ COMPUTER CORP COMMON 204493100 38958 1439550 SH DEFINED 1 1349575 2175 87800
CONOCO CL A CL A 208251306 8940 361200 SH DEFINED 1 339800 300 21100
CONOCO CL B CL B 208251405 10980 441420 SH DEFINED 1 410120 981 30319
CONSECO INC COMMON 208464107 22397 1257350 SH DEFINED 1 1163700 2100 91550
CORNERSTONE PPTYS INC COMMON 21922H103 219 15000 SH DEFINED 1 15000 0 0
CORPORATE OFFICE PPTYS T SH BEN INT 22002T108 4010 525900 SH DEFINED 1 478900 0 47000
CRESCENT REAL ESTATE EQU COMMON 225756105 7882 428950 SH DEFINED 1 387950 1000 40000
DANA CORP COMMON 235811106 245 8200 SH DEFINED 1 7400 0 800
DAYTON HUDSON CORP COMMON 239753106 13542 184400 SH DEFINED 1 173750 300 10350
DEERE & CO COMMON 244199105 1021 23550 SH DEFINED 1 14600 0 8950
DELL COMPUTER CORP COMMON 247025109 261 5125 SH DEFINED 1 125 0 5000
DELTA AIR LINES INC DEL COMMON 247361108 2889 58000 SH DEFINED 1 52000 0 6000
DISNEY WALT CO COM DISNEY 254687106 13995 478455 SH DEFINED 1 417425 950 60080
DONALDSON LUFKIN & JENRE COM DLJ 257661108 1408 29100 SH DEFINED 1 18300 0 10800
DU PONT E I DE NEMOURS & COMMON 263534109 17157 260453 SH DEFINED 1 239664 517 20272
EASTMAN CHEM CO COMMON 277432100 8107 170000 SH DEFINED 1 161200 200 8600
EASTMAN KODAK CO COMMON 277461109 22596 341075 SH DEFINED 1 310875 450 29750
J D EDWARDS & CO COMMON 281667105 4117 137800 SH DEFINED 1 127900 0 9900
ELECTRONIC DATA SYS NEW COMMON 285661104 37880 565900 SH DEFINED 1 529650 900 35350
EMERSON ELEC CO COMMON 291011104 14654 255400 SH DEFINED 1 216900 550 37950
ENRON CORP COMMON 293561106 3328 75000 SH DEFINED 1 75000 0 0
EXXON MOBIL CORP COMMON 30231G102 487 6040 SH DEFINED 1 3000 0 3040
F M C CORP COM NEW 302491303 18599 324525 SH DEFINED 1 288675 650 35200
NASDAQ 100 TR PUT OPT JAN 14 30799W9M5 25104 170000 SH PUT DEFINED 1 170000 0 0
FDX CORP COMMON 31304N107 733 17900 SH DEFINED 1 11800 0 6100
FEDERAL NATL MTG ASSN COMMON 313586109 1305 20900 SH DEFINED 1 13500 0 7400
FEDERATED DEPT ST COMMON 31410H101 17193 340025 SH DEFINED 1 306625 500 32900
FIRST UN CORP COMMON 337358105 11961 363148 SH DEFINED 1 328596 0 34552
FIRSTAR CORP NEW WIS COMMON 33763V109 824 39000 SH DEFINED 1 1000 0 38000
FLEETBOSTON FINL CORP COMMON 339030108 206 5922 SH DEFINED 1 2369 0 3553
FLOWSERVE CORP COMMON 34354P105 15295 899700 SH DEFINED 1 831300 1700 66700
FORD MTR CO DEL COMMON 345370100 450 8450 SH DEFINED 1 450 0 8000
FREEPORT-MCMORAN COPPER CL B 35671D857 3593 170100 SH DEFINED 1 170100 0 0
GPU INC COMMON 36225X100 298 10000 SH DEFINED 1 1250 0 8750
GTE CORP COMMON 362320103 28008 396925 SH DEFINED 1 372300 625 24000
GAYLORD CONTAINER CORP CL A 368145108 136 20000 SH DEFINED 1 0 0 20000
GELTEX PHARMACEUTICALS I COMMON 368538104 128 10000 SH DEFINED 1 500 500 9000
GENERAL ELEC CO COMMON 369604103 464 3000 SH DEFINED 1 3000 0 0
GENERAL MTRS CORP COMMON 370442105 563 7750 SH DEFINED 1 150 0 7600
GLENBOROUGH RLTY TR INC COMMON 37803P105 5210 389500 SH DEFINED 1 353500 0 36000
GLENBOROUGH RLTY TR INC PFD CV SER A% 37803P204 279 20000 SH DEFINED 1 20000 0 0
GLIMCHER RLTY TR SH BEN INT 379302102 3144 244200 SH DEFINED 1 199700 0 44500
HALLIBURTON CO COMMON 406216101 11108 275975 SH DEFINED 1 250125 750 25100
HASBRO INC COMMON 418056107 406 21450 SH DEFINED 1 16500 0 4950
ARIES PARTNERS L.P. LP 421993106 1198 1459150 SH DEFINED 1 1459150 0 0
HEALTHCARE FINANCIAL COMMON 42220C109 12648 632405 SH DEFINED 1 610595 0 21810
HERCULES INC COMMON 427056106 15727 564200 SH DEFINED 1 507000 700 56500
HEWLETT PACKARD CO COMMON 428236103 11604 102010 SH DEFINED 1 92260 0 9750
HILTON HOTELS CORP COMMON 432848109 2526 264200 SH DEFINED 1 264200 0 0
HOMESEEKERS COM INC COMMON 437605108 564 43000 SH DEFINED 1 38000 0 5000
HONEYWELL INTL INC COMMON 438516106 24897 431588 SH DEFINED 1 398608 550 32430
HUMANA INC COMMON 444859102 819 100000 SH DEFINED 1 100000 0 0
ICG COMMUNICATIONS INC COMMON 449246107 1088 58000 SH DEFINED 1 42000 0 16000
INGERSOLL-RAND CO COMMON 456866102 21067 382600 SH DEFINED 1 346700 600 35300
INGRAM MICRO INC CL A 457153104 1444 110000 SH DEFINED 1 110000 0 0
INTERNATIONAL BUSINESS M COMMON 459200101 1748 16200 SH DEFINED 1 11900 0 4300
INTL PAPER CO COMMON 460146103 17529 310585 SH DEFINED 1 278885 600 31100
ITHACA INDS INC NEW COMMON 465679108 13 70000 SH DEFINED 1 70000 0 0
K MART CORP COMMON 482584109 109 10800 SH DEFINED 1 0 0 10800
KELLOGG CO COMMON 487836108 13678 443900 SH DEFINED 1 399350 550 44000
KIMBERLY CLARK CORP COMMON 494368103 26347 402625 SH DEFINED 1 369925 800 31900
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 935 80000 SH DEFINED 1 80000 0 0
LEXINGTON CORP PPTYS TR COMMON 529043101 162 17600 SH DEFINED 1 4000 0 13600
LIBERTY PROPERTY TRUST SH BEN INT 531172104 225 9100 SH DEFINED 1 3500 0 5600
LILLY ELI & CO COMMON 532457108 931 14000 SH DEFINED 1 12350 0 1650
LYONDELL CHEMICAL CO COMMON 552078107 1275 100000 SH DEFINED 1 100000 0 0
MBIA INC COMMON 55262C100 236 4475 SH DEFINED 1 875 0 3600
MGIC INVT CORP WIS COMMON 552848103 18508 307500 SH DEFINED 1 294000 500 13000
MMC NETWORKS INC COMMON 55308N102 2234 65000 SH DEFINED 1 65000 0 0
MACK CALI RLTY CORP COMMON 554489104 8635 331325 SH DEFINED 1 293025 0 38300
MEAD CORP COMMON 582834107 20535 472750 SH DEFINED 1 449850 1000 21900
MEDIAONE GROUP INC COMMON 58440J104 9162 119275 SH DEFINED 1 105075 0 14200
MELLON FINL CORP COMMON 58551A108 610 17900 SH DEFINED 1 10000 0 7900
MERCK & CO INC COMMON 589331107 18618 277100 SH DEFINED 1 259700 350 17050
MERISTAR HOSPITALITY COR COMMON 58984Y103 5979 373684 SH DEFINED 1 329016 650 44018
MICROSOFT CORP COMMON 594918104 3021 25875 SH DEFINED 1 24875 0 1000
MICRON TECHNOLOGY INC COMMON 595112103 2523 32450 SH DEFINED 1 30600 350 1500
MINNESOTA MNG & MFG CO COMMON 604059105 23429 239375 SH DEFINED 1 221425 300 17650
MONSANTO CO COMMON 611662107 13512 381300 SH DEFINED 1 347800 450 33050
MONTANA POWER CO COMMON 612085100 444 12300 SH DEFINED 1 3000 0 9300
MORGAN J P & CO INC COMMON 616880100 253 2000 SH DEFINED 1 2000 0 0
NABISCO HLDGS CORP CL A 629526104 8517 270390 SH DEFINED 1 249340 850 20200
NABORS INDS INC COMMON 629568106 356 11500 SH DEFINED 1 1000 0 10500
NATIONWIDE FINL SVCS INC CL A 638612101 1922 68800 SH DEFINED 1 51000 200 17600
NETWORKS ASSOCS INC COMMON 640938106 934 35000 SH DEFINED 1 35000 0 0
NEW YORK TIMES CO CL A 650111107 17525 356750 SH DEFINED 1 327900 400 28450
NEWPARK RES INC COM PAR $.01NEW 651718504 1715 280000 SH DEFINED 1 250000 0 30000
NEXTEL COMMUNICATIONS IN CL A 65332V103 206 2000 SH DEFINED 1 250 0 1750
OAK TECHNOLOGY INC COMMON 671802106 123 13000 SH DEFINED 1 1000 0 12000
OMNIPOINT CORP COMMON 68212D102 627 5200 SH DEFINED 1 0 0 5200
ONEMAIN COM INC COMMON 68267P109 150 10000 SH DEFINED 1 10000 0 0
PMI GROUP INC COMMON 69344M101 26590 544737 SH DEFINED 1 513137 300 31300
PACTIV CORP COMMON 695257105 6543 615849 SH DEFINED 1 591050 0 24799
PARKER HANNIFIN CORP COMMON 701094104 5963 116200 SH DEFINED 1 103100 0 13100
PEPSI BOTTLING GROUP INC COMMON 713409100 166 10000 SH DEFINED 1 10000 0 0
PHARMACIA & UPJOHN INC COMMON 716941109 21213 471410 SH DEFINED 1 433790 600 37020
PITTSTON CO COM BRINKS GRP 725701106 384 17450 SH DEFINED 1 1000 0 16450
PRAXAIR INC COMMON 74005P104 21354 424425 SH DEFINED 1 392775 500 31150
PROCTER & GAMBLE CO COMMON 742718109 29489 269150 SH DEFINED 1 251700 400 17050
PROVIDIAN FINL CORP COMMON 74406A102 328 3600 SH DEFINED 1 0 100 3500
PUBLIC STORAGE INC COMMON 74460D109 5971 263200 SH DEFINED 1 255200 0 8000
QUANTUM CORP COM DSSG 747906204 1513 100000 SH DEFINED 1 100000 0 0
QUOTESMITH COM INC COMMON 749117107 284 25000 SH DEFINED 1 0 0 25000
QWEST COMMUNICATIONS INT COMMON 749121109 1317 30620 SH DEFINED 1 30620 0 0
R & B FALCON CORP COMMON 74912E101 13508 1019450 SH DEFINED 1 951100 1300 67050
RADIAN GROUP INC COMMON 750236101 9063 189800 SH DEFINED 1 170500 200 19100
RAYTHEON CO CL B 755111408 274 10300 SH DEFINED 1 7000 0 3300
RECKSON ASSOCS RLTY CORP PFD CV SER A% 75621K205 417 21000 SH DEFINED 1 20000 0 1000
RELIASTAR FINL CORP COMMON 75952U103 204 5200 SH DEFINED 1 2400 0 2800
REYNOLDS METALS CO COMMON 761763101 10544 137600 SH DEFINED 1 131450 250 5900
ROWAN COS INC COMMON 779382100 406 18700 SH DEFINED 1 0 0 18700
SBC COMMUNICATIONS INC COMMON 78387G103 21405 439075 SH DEFINED 1 391765 1100 46210
SAP AKTIENGESELLSCHAFT DEPOSITORY RECEI 803054204 25012 480425 SH DEFINED 1 447175 600 32650
SCHERING PLOUGH CORP COMMON 806605101 848 20000 SH DEFINED 1 20000 0 0
SCHLUMBERGER LTD COMMON 806857108 4400 78400 SH DEFINED 1 73300 0 5100
SEAGRAM LTD COMMON 811850106 376 8400 SH DEFINED 1 1800 0 6600
SEALED AIR CORP NEW COMMON 81211K100 456 8800 SH DEFINED 1 1200 0 7600
SENSORMATIC ELECTRS CORP COMMON 817265101 2725 156300 SH DEFINED 1 156300 0 0
SIMON PPTY GROUP INC NEW COMMON 828806109 229 10000 SH DEFINED 1 0 0 10000
SMURFIT-STONE CONTAINER COMMON 832727101 245 10000 SH DEFINED 1 0 0 10000
SOLECTRON CORP COMMON 834182107 476 5000 SH DEFINED 1 5000 0 0
SOVEREIGN BANCORP INC COMMON 845905108 12757 1711600 SH DEFINED 1 1543100 3600 164900
STARWOOD HOTELS&RESORTS PAIRED CTF 85590A203 7207 306675 SH DEFINED 1 285675 0 21000
STORAGE TECHNOLOGY CORP COM PAR $0.10 862111200 1844 100000 SH DEFINED 1 100000 0 0
SUMMIT BANCORP COMMON 866005101 1240 40500 SH DEFINED 1 37500 0 3000
SUNBEAM CORP COMMON 867071102 324 77300 SH DEFINED 1 77300 0 0
SUNTRUST BKS INC COMMON 867914103 213 3096 SH DEFINED 1 3000 0 96
TANDY CORP COMMON 875382103 2459 50000 SH DEFINED 1 50000 0 0
TEKTRONIX INC COMMON 879131100 4027 103600 SH DEFINED 1 103600 0 0
TEMPLE INLAND INC COMMON 879868107 15042 228125 SH DEFINED 1 210425 200 17500
TENET HEALTHCARE CORP COMMON 88033G100 12547 533910 SH DEFINED 1 475010 1700 57200
TEXACO INC COMMON 881694103 19388 356975 SH DEFINED 1 323325 600 33050
TEXAS INDS INC COMMON 882491103 234 5500 SH DEFINED 1 0 0 5500
3COM CORP COMMON 885535104 42058 894850 SH DEFINED 1 826250 1300 67300
TIMKEN CO COMMON 887389104 439 21500 SH DEFINED 1 15000 0 6500
TOSCO CORP COM NEW 891490302 3254 119700 SH DEFINED 1 119700 0 0
TRAVELERS PPTY CAS CORP CL A 893939108 4487 131000 SH DEFINED 1 131000 0 0
TYCO INTL LTD NEW COMMON 902124106 6973 178800 SH DEFINED 1 162450 0 16350
UAL CORP COM PAR $0.01 902549500 20601 265600 SH DEFINED 1 246050 450 19100
UST CORP COMMON 902900109 318 10000 SH DEFINED 1 10000 0 0
USX MARATHON GROUP COM NEW 902905827 10539 426900 SH DEFINED 1 388800 800 37300
US BANCORP DEL COMMON 902973106 1907 80100 SH DEFINED 1 70500 0 9600
USX-U S STL COMMON 90337T101 19744 598300 SH DEFINED 1 553100 1200 44000
UNION PLANTERS CORP COMMON 908068109 659 16700 SH DEFINED 1 11000 0 5700
UNISYS CORP COMMON 909214108 30034 940400 SH DEFINED 1 879525 825 60050
UNITED PARCEL SERVICE IN CL B 911312106 897 13000 SH DEFINED 1 12500 0 500
UNITED TECHNOLOGIES CORP COMMON 913017109 14391 221400 SH DEFINED 1 214600 0 6800
UNOCAL CORP COMMON 915289102 23655 704800 SH DEFINED 1 649400 1400 54000
UNUMPROVIDENT CORP COMMON 91529Y106 18505 577150 SH DEFINED 1 535800 650 40700
V F CORP COMMON 918204108 1452 48400 SH DEFINED 1 40000 0 8400
VALERO ENERGY CORP NEW COMMON 91913Y100 11469 577050 SH DEFINED 1 534600 1250 41200
WARNER LAMBERT CO COMMON 934488107 328 4000 SH DEFINED 1 0 0 4000
WASHINGTON MUT INC COMMON 939322103 21453 829100 SH DEFINED 1 756050 850 72200
WATSON PHARMACEUTICALS I COMMON 942683103 8978 250700 SH DEFINED 1 224950 450 25300
WENDYS INTL INC COMMON 950590109 10231 491575 SH DEFINED 1 462575 0 29000
WESTVACO CORP COMMON 961548104 5592 171400 SH DEFINED 1 157900 200 13300
WILLIAMS COMMUNICATIONS CL A 969455104 1215 42000 SH DEFINED 1 41000 0 1000
WILLIAMS COS INC DEL COMMON 969457100 16215 530550 SH DEFINED 1 483975 1075 45500
WINN DIXIE STORES INC COMMON 974280109 239 10000 SH DEFINED 1 1000 0 9000
WINSTAR COMMUNICATIONS I COMMON 975515107 1366 18150 SH DEFINED 1 15000 0 3150
WRIGLEY WM JR CO COMMON 982526105 257 3100 SH DEFINED 1 2000 0 1100
FRUIT OF THE LOOM LTD ORD CL A G3682L105 14 10000 SH DEFINED 1 10000 0 0
GLOBAL CROSSING LTD COMMON G3921A100 505 10100 SH DEFINED 1 0 0 10100
TRANSOCEAN SEDCO FOREX COM G90078109 479 14220 SH DEFINED 1 14220 0 0
BAAN CO NV COMMON N08044104 3179 225050 SH DEFINED 1 217050 0 8000
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