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<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 6/30/98
Institutional Investment Manager:
MERCANTILE BANKSHARES CORPORATION
2 HOPKINS PLAZA
BALTIMORE MD 21203
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION
IN THIS FORM AND THE ATTACHMENTS TO IT IS TRUE, CORRECT AND COMPLETE AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL
PARTS OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT
ALL UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND
COMPLETE AS PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
ALAN D. YARBRO GENERAL COUNSEL & SECRETARY 410-237-5204
Signature, Place and Date of Signing:
/s/ ALAN D. YARBRO BALTIMORE MD 07/24/98
Other Managers on Whose Behalf this Report is Filed:
01 FREDERICKTOWN BANK & TRUST
04 MARSHALL NATIONAL BANK & TRUST COMPANY
02 MERCANTILE-SAFE DEPOSIT & TRUST COMPANY 028-00125
03 THE NATIONAL BANK OF FREDERICKSBURG
<PAGE> PAGE 2
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
AGL RESOURCES INC COM 001204106 00000630 00031232 SH DEFINED 02 00016004 00013028 00002200
AT&T CORP COM 001957109 00028554 00508192 SH DEFINED 02 00256090 00107998 00144104
AT&T CORP COM 001957109 00000543 00009679 SH DEFINED 03 00009279 00000000 00000400
AT&T CORP COM 001957109 00000034 00000600 SH DEFINED 04 00000600 00000000 00000000
ATL ULTRASOUND INC COM 00207N100 00000954 00021806 SH DEFINED 02 00008456 00013350 00000000
ABB AB COM 00256Q103 00009512 00061614 SH DEFINED 02 00017231 00027464 00016919
ABB AB COM 00256Q103 00000007 00000050 SH DEFINED 03 00000050 00000000 00000000
ABBOTT LABS COM 002824100 00025993 00611606 SH DEFINED 02 00178918 00184954 00247734
ABBOTT LABS COM 002824100 00000293 00006900 SH DEFINED 03 00006900 00000000 00000000
ABBOTT LABS COM 002824100 00000193 00004700 SH DEFINED 04 00004500 00000000 00000200
ACNIELSON CORPORATION W/I COM 004833109 00001831 00071111 SH DEFINED 02 00063931 00006703 00000477
AETNA INC PFD 008117202 00002761 00036339 SH DEFINED 02 00018975 00007725 00009639
AETNA INC PFD 008117202 00000777 00010225 SH DEFINED 03 00008875 00000000 00001350
AFFLIATED COMPUTER SVCS A COM 008190100 00001319 00035180 SH DEFINED 02 00000000 00035180 00000000
AIR PRODS & CHEMS INC COM 009158106 00043987 01110081 SH DEFINED 02 00607122 00157629 00345330
AIR PRODS & CHEMS INC COM 009158106 00000513 00012950 SH DEFINED 03 00012860 00000000 00000090
AIRTOUCH COMMUNICATIONS INC COM 00949T100 00016278 00267403 SH DEFINED 02 00107525 00085856 00074022
AIRTOUCH COMMUNICATIONS INC COM 00949T100 00000038 00000636 SH DEFINED 03 00000636 00000000 00000000
AIRTOUCH COMMUNICATIONS INC COM 00949T100 00000011 00000196 SH DEFINED 04 00000196 00000000 00000000
AIRTOUCH COMMUNICATIONS CPF 00949T209 00020180 00399600 SH DEFINED 02 00298200 00020000 00081400
AIRTOUCH COMMUNICATIONS CPF 00949T209 00001045 00020700 SH DEFINED 03 00020700 00000000 00000000
ALLEGHENY ENERGY INC COM 017361106 00000532 00018083 SH DEFINED 02 00009609 00007368 00001106
ALLIANCE CAP MGMT L P COM 018548107 00000331 00012000 SH DEFINED 02 00002000 00010000 00000000
ALLIED SIGNAL INC COM 019512102 00001369 00030592 SH DEFINED 02 00013732 00009444 00007416
ALLIED SIGNAL INC COM 019512102 00000026 00000600 SH DEFINED 03 00000600 00000000 00000000
ALLIED SIGNAL INC COM 019512102 00000009 00000200 SH DEFINED 04 00000200 00000000 00000000
ALLSTATE CORP COM 020002101 00004453 00088190 SH DEFINED 02 00032210 00024983 00030997
ALLSTATE CORP COM 020002101 00000254 00005030 SH DEFINED 03 00004655 00000000 00000375
ALLSTATE CORP COM 020002101 00000017 00000185 SH DEFINED 04 00000185 00000000 00000000
ALLTRISTA CORP COM 020040101 00000500 00019100 SH DEFINED 02 00000000 00019100 00000000
ALUMINUM CO AMER COM 022249106 00003994 00060817 SH DEFINED 02 00016570 00032325 00011922
ALZA CORP SUB 022615AD0 00000681 00525000 SH DEFINED 02 00010000 00075000 00440000
AMERICA ONLINE INC DEL COM 02364J104 00001252 00011500 SH DEFINED 02 00000000 00009600 00001900
AMERICAN ELEC PWR INC COM 025537101 00000664 00014554 SH DEFINED 02 00004808 00005676 00004070
AMERICAN EXPRESS CO COM 025816109 00006471 00056767 SH DEFINED 02 00019170 00025792 00011805
AMERICAN EXPRESS CO COM 025816109 00000011 00000100 SH DEFINED 04 00000100 00000000 00000000
AMERICAN GENERAL CORP COM 026351106 00021713 00289755 SH DEFINED 02 00112431 00156475 00020849
AMERICAN HOME PRODS CORP COM 026609107 00163181 03211417 SH DEFINED 02 01645330 00957758 00608329
AMERICAN HOME PRODS CORP COM 026609107 00001163 00022900 SH DEFINED 03 00022500 00000000 00000400
AMERICAN INTL GROUP INC COM 026874107 00027598 00185537 SH DEFINED 02 00076892 00066519 00042126
AMERICAN INTL GROUP INC COM 026874107 00000718 00004831 SH DEFINED 03 00004481 00000000 00000350
AMERICAN INTL GROUP INC COM 026874107 00000128 00000875 SH DEFINED 04 00000875 00000000 00000000
AMERICAN PWR CONVERSION CORP COM 029066107 00001713 00057006 SH DEFINED 02 00029550 00005350 00022106
AMERICAN PWR CONVERSION CORP COM 029066107 00000012 00000425 SH DEFINED 03 00000250 00000000 00000175
AMERITECH CORP NEW COM 030954101 00023698 00516570 SH DEFINED 02 00259509 00192734 00064327
AMERITECH CORP NEW COM 030954101 00000125 00002744 SH DEFINED 03 00002744 00000000 00000000
AMERITECH CORP NEW COM 030954101 00000004 00000080 SH DEFINED 04 00000080 00000000 00000000
AMGEN INC COM 031162100 00027565 00402780 SH DEFINED 02 00218913 00021775 00162092
AMGEN INC COM 031162100 00000461 00006745 SH DEFINED 03 00006670 00000000 00000075
AMP INC COM 031897101 00043013 01260427 SH DEFINED 02 00663774 00215821 00380832
<PAGE> PAGE 3
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
AMP INC COM 031897101 00000283 00008300 SH DEFINED 03 00008300 00000000 00000000
AMOCO CORP COM 031905102 00059372 01417807 SH DEFINED 02 00587898 00417104 00412805
AMOCO CORP COM 031905102 00000811 00019388 SH DEFINED 03 00018688 00000000 00000700
AMSOUTH BANCORPORATION COM 032165102 00002004 00050120 SH DEFINED 02 00000000 00011389 00038731
ANHEUSER BUSCH COS INC COM 035229103 00000831 00017310 SH DEFINED 02 00001066 00012136 00004108
APACHE CORP COM 037411105 00001103 00034818 SH DEFINED 02 00002300 00016718 00015800
APPLIED INDL TECHNOLOGIES INC COM 03820C105 00002721 00133566 SH DEFINED 02 00083570 00033309 00016687
APPLIED INDL TECHNOLOGIES INC COM 03820C105 00000037 00001862 SH DEFINED 03 00001862 00000000 00000000
ARCHER DANIELS MIDLAND CO COM 039483102 00000409 00021553 SH DEFINED 02 00001423 00017351 00002779
ARTESYN TECHNOLOGIES INC COM 043127109 00000300 00018065 SH DEFINED 02 00000000 00017040 00001025
ATLANTIC RICHFIELD CO COM 048825103 00043086 00556832 SH DEFINED 02 00291122 00182178 00083532
ATLANTIC RICHFIELD CO COM 048825103 00000835 00010801 SH DEFINED 03 00010301 00000000 00000500
AUTODESK INC COM 052769106 00004050 00115325 SH DEFINED 02 00043200 00042850 00029275
AUTOMATIC DATA PROCESSING INC COM 053015103 00000994 00013533 SH DEFINED 02 00001633 00002950 00008950
AVERY DENNISON CORP COM 053611109 00000980 00017452 SH DEFINED 02 00006200 00005652 00005600
AVNET INC COM 053807103 00007380 00132685 SH DEFINED 02 00100800 00010907 00020978
BALTIMORE CEMETERY COMPANY COM 058991100 00004095 00058500 SH DEFINED 02 00058500 00000000 00000000
BALTIMORE GAS & ELEC CO COM 059165100 00023277 00743405 SH DEFINED 02 00325089 00270714 00147602
BALTIMORE GAS & ELEC CO COM 059165100 00000046 00001500 SH DEFINED 03 00001500 00000000 00000000
BALTIMORE GAS & ELEC CO COM 059165100 00000012 00000400 SH DEFINED 04 00000400 00000000 00000000
BANC ONE CORP COM 059438101 00001351 00023716 SH DEFINED 02 00002327 00004170 00017219
BANK NEW YORK INC COM 064057102 00000644 00010212 SH DEFINED 02 00001380 00006232 00002600
BANKERS TRUST CORPORATION COM 066365107 00002530 00021085 SH DEFINED 02 00001708 00018877 00000500
BARD C R INC COM 067383109 00000718 00018105 SH DEFINED 02 00017605 00000000 00000500
BAXTER INTL INC COM 071813109 00002541 00046949 SH DEFINED 02 00012171 00017347 00017431
BAXTER INTL INC COM 071813109 00000108 00002000 SH DEFINED 04 00001900 00000000 00000100
BECKMAN COULTER INC COM 075811109 00001573 00026877 SH DEFINED 02 00017277 00008546 00001054
BECKMAN COULTER INC COM 075811109 00000127 00002170 SH DEFINED 03 00002170 00000000 00000000
BECTON DICKINSON & CO COM 075887109 00002111 00025850 SH DEFINED 02 00005010 00017400 00003440
BELL ATLANTIC CORP COM 077853109 00019141 00408330 SH DEFINED 02 00199948 00137402 00070980
BELL ATLANTIC CORP COM 077853109 00000387 00008270 SH DEFINED 03 00008270 00000000 00000000
BELL ATLANTIC CORP COM 077853109 00000032 00000702 SH DEFINED 04 00000702 00000000 00000000
BELLSOUTH CORP COM 079860102 00048652 00732293 SH DEFINED 02 00342673 00208513 00181107
BELLSOUTH CORP COM 079860102 00000875 00013184 SH DEFINED 03 00012934 00000000 00000250
BELLSOUTH CORP COM 079860102 00000022 00000329 SH DEFINED 04 00000329 00000000 00000000
BENCHMARK ELECTRS INC COM 08160H101 00000456 00023500 SH DEFINED 02 00000000 00022700 00000800
BENEFICIAL CORP COM 081721102 00002798 00018269 SH DEFINED 02 00012067 00004602 00001600
BESTFOODS COM 08658U101 00030000 00518362 SH DEFINED 02 00210088 00142744 00165530
BESTFOODS COM 08658U101 00000185 00003200 SH DEFINED 03 00003200 00000000 00000000
BETZDEARBORN INC COM 087779104 00000542 00012800 SH DEFINED 02 00000000 00011800 00001000
BLACK & DECKER CORP COM 091797100 00004089 00063342 SH DEFINED 02 00039771 00010322 00013249
BLOUNT INTL INC COM 095177101 00000866 00029800 SH DEFINED 02 00000000 00029800 00000000
BOEING CO COM 097023105 00027959 00584769 SH DEFINED 02 00325917 00064333 00194519
BOEING CO COM 097023105 00000482 00010085 SH DEFINED 03 00009595 00000000 00000490
BOEING CO COM 097023105 00000044 00000980 SH DEFINED 04 00000980 00000000 00000000
BOSTON METALS COMPANY NON-VTG COM 100990100 00000885 00073815 SH DEFINED 02 00000000 00073815 00000000
BRISTOL MYERS SQUIBB CO COM 110122108 00282383 02356870 SH DEFINED 02 01104691 00950537 00301642
BRISTOL MYERS SQUIBB CO COM 110122108 00001024 00008550 SH DEFINED 03 00007950 00000000 00000600
BRITISH PETE LTD COM 110889409 00016160 00185222 SH DEFINED 02 00146464 00015100 00023658
BROWNING FERRIS INDS INC COM 115885105 00000231 00006475 SH DEFINED 02 00003800 00000925 00001750
<PAGE> PAGE 4
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BROWNING FERRIS INDS INC COM 115885105 00000171 00004800 SH DEFINED 03 00004800 00000000 00000000
BURLINGTON NORTHN SANTA FE COM 12189T104 00002383 00023283 SH DEFINED 02 00005879 00015064 00002340
BURLINGTON NORTHN SANTA FE COM 12189T104 00000024 00000244 SH DEFINED 03 00000244 00000000 00000000
BURLINGTON NORTHN SANTA FE COM 12189T104 00000004 00000041 SH DEFINED 04 00000041 00000000 00000000
BURLINGTON RES INC COM 122014103 00000563 00013265 SH DEFINED 02 00000494 00010741 00002030
BURMAH CASTROL PLC COM 122169303 00016825 00473940 SH DEFINED 02 00248900 00069105 00155935
BURMAH CASTROL PLC COM 122169303 00000213 00006025 SH DEFINED 03 00005825 00000000 00000200
CBS CORP COM 12490K107 00000595 00017516 SH DEFINED 02 00005728 00006131 00005657
CBS CORP COM 12490K107 00000068 00002000 SH DEFINED 03 00002000 00000000 00000000
CIGNA CORP COM 125509109 00001386 00019161 SH DEFINED 02 00001272 00000792 00017097
CIT GROUP INC COM 125577106 00000505 00014880 SH DEFINED 02 00005355 00001750 00007775
CSX CORP COM 126408103 00003306 00071686 SH DEFINED 02 00026419 00027283 00017984
CSX CORP COM 126408103 00000055 00001200 SH DEFINED 03 00000800 00000000 00000400
CSX CORP COM 126408103 00000009 00000200 SH DEFINED 04 00000200 00000000 00000000
CVS CORPORATION DELAWARE COM 126650100 00001304 00031620 SH DEFINED 02 00000000 00031488 00000132
CABLE & WIRELESS PUB LTD CO COM 126830207 00000503 00012700 SH DEFINED 02 00008200 00000400 00004100
CAMPBELL SOUP CO COM 134429109 00000936 00017566 SH DEFINED 02 00006000 00000900 00010666
CANADIAN NATL RY CO COM 136375102 00004743 00088975 SH DEFINED 02 00056650 00007750 00024575
CAPITAL ONE FINL CORP COM 14040H105 00006355 00050917 SH DEFINED 02 00032703 00007960 00010254
CAPITAL ONE FINL CORP COM 14040H105 00000093 00000750 SH DEFINED 03 00000750 00000000 00000000
CAROLINA PWR & LT CO COM 144141108 00000643 00014874 SH DEFINED 02 00005016 00006588 00003270
CATERPILLAR INC COM 149123101 00041782 00773756 SH DEFINED 02 00433569 00029246 00310941
CATERPILLAR INC COM 149123101 00000259 00004800 SH DEFINED 03 00004800 00000000 00000000
CEDAR FAIR L P COM 150185106 00000700 00025000 SH DEFINED 02 00000000 00019600 00005400
CENDANT CORP COM 151313103 00001163 00051863 SH DEFINED 02 00014347 00027913 00009603
CENTRAL & SOUTH WEST CORP COM 152357109 00000675 00025385 SH DEFINED 02 00013387 00009300 00002698
CENTRAL & SOUTH WEST CORP COM 152357109 00000182 00006856 SH DEFINED 03 00006856 00000000 00000000
CHASE MANHATTAN CORP NEW COM 16161A108 00001803 00024044 SH DEFINED 02 00003404 00009682 00010958
CHASE MANHATTAN CORP NEW COM 16161A108 00000018 00000252 SH DEFINED 04 00000252 00000000 00000000
CHEVRON CORP COM 166751107 00056566 00685644 SH DEFINED 02 00353852 00130743 00201049
CHEVRON CORP COM 166751107 00000013 00000168 SH DEFINED 03 00000168 00000000 00000000
CHEVRON CORP COM 166751107 00000034 00000400 SH DEFINED 04 00000400 00000000 00000000
CHUBB CORP COM 171232101 00069439 00806257 SH DEFINED 02 00417319 00119173 00269765
CHUBB CORP COM 171232101 00000452 00005255 SH DEFINED 03 00005255 00000000 00000000
CINCINNATI BELL INC COM 171870108 00001923 00066025 SH DEFINED 02 00016450 00015700 00033875
CISCO SYS INC COM 17275R102 00031048 00334747 SH DEFINED 02 00111897 00071987 00150863
CISCO SYS INC COM 17275R102 00000558 00006025 SH DEFINED 03 00005675 00000000 00000350
CITICORP COM 173034109 00003821 00023809 SH DEFINED 02 00011726 00008448 00003635
CITICORP COM 173034109 00000064 00000400 SH DEFINED 03 00000400 00000000 00000000
CLEAR CHANNEL COMMUNICATIONS COM 184502102 00001899 00016746 SH DEFINED 02 00000000 00015814 00000932
COCA COLA CO COM 191216100 00117512 01367419 SH DEFINED 02 00574378 00554747 00238294
COCA COLA CO COM 191216100 00000425 00004950 SH DEFINED 03 00004650 00000000 00000300
COCA COLA CO COM 191216100 00000257 00003000 SH DEFINED 04 00003000 00000000 00000000
COGNIZANT CORPORATION COM 192441103 00001814 00377120 SH DEFINED 02 00332100 00039779 00005241
COLGATE PALMOLIVE CO COM 194162103 00025978 00283914 SH DEFINED 02 00089315 00062292 00132307
COLGATE PALMOLIVE CO COM 194162103 00000617 00006745 SH DEFINED 03 00006445 00000000 00000300
COLUMBIA / HCA HEALTHCARE COM 197677107 00000465 00015858 SH DEFINED 02 00000421 00015437 00000000
COLUMBIA / HCA HEALTHCARE COM 197677107 00000012 00000396 SH DEFINED 04 00000396 00000000 00000000
COMCAST CORP COM 200300101 00000485 00011757 SH DEFINED 02 00000000 00010500 00001257
COMERICA INC COM 200340107 00004368 00063088 SH DEFINED 02 00040312 00003147 00019629
<PAGE> PAGE 5
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
COMERICA INC COM 200340107 00000335 00004849 SH DEFINED 03 00004849 00000000 00000000
COMPAQ COMPUTER CORP COM 204493100 00000549 00018861 SH DEFINED 02 00009422 00002383 00007056
CONAGRA INC COM 205887102 00010960 00391454 SH DEFINED 02 00139480 00006650 00245324
CONCORD EFS INC COM 206197105 00001645 00062992 SH DEFINED 02 00000000 00059955 00003037
CONECTIV INC COM 206829103 00000741 00035944 SH DEFINED 02 00009923 00022428 00003593
CONECTIV INC COM 206829103 00000003 00000150 SH DEFINED 03 00000150 00000000 00000000
CONSECO INC COM 208464107 00001245 00025036 SH DEFINED 02 00012000 00003136 00009900
CONSECO INC COM 208464107 00000000 00000002 SH DEFINED 03 00000002 00000000 00000000
CONSOLIDATED NAT GAS CO COM 209615103 00006081 00106455 SH DEFINED 02 00044602 00044523 00017330
CONSOLIDATED NAT GAS CO COM 209615103 00000029 00000520 SH DEFINED 03 00000520 00000000 00000000
COOPER INDS INC COM 216669101 00012684 00221797 SH DEFINED 02 00124059 00066730 00031008
COOPER INDS INC COM 216669101 00000019 00000340 SH DEFINED 03 00000215 00000000 00000125
CORN PRODS INTL INC COM 219023108 00000995 00030449 SH DEFINED 02 00009559 00013531 00007359
CORNING DEL L P PFD 219319209 00001316 00023150 SH DEFINED 02 00011650 00001350 00010150
CORNING DEL L P PFD 219319209 00000164 00002900 SH DEFINED 03 00002900 00000000 00000000
CORNING INC COM 219350105 00043422 01231792 SH DEFINED 02 00564572 00249958 00417262
CORNING INC COM 219350105 00000563 00015990 SH DEFINED 03 00015330 00000000 00000660
COVANCE INC COM 222816100 00004716 00195011 SH DEFINED 02 00118013 00031779 00045219
COX COMMUNICATIONS INC NEW COM 224044107 00002205 00046004 SH DEFINED 02 00009142 00022173 00014689
CRESTAR FINL CORP COM 226091106 00003786 00067012 SH DEFINED 02 00006732 00014619 00045661
CRESTAR FINL CORP COM 226091106 00000008 00000150 SH DEFINED 03 00000150 00000000 00000000
CRESTAR FINL CORP COM 226091106 00000296 00005424 SH DEFINED 04 00000800 00004624 00000000
DPL INC COM 233293109 00003039 00166544 SH DEFINED 02 00085634 00035563 00045347
DPL INC COM 233293109 00000128 00007020 SH DEFINED 03 00007020 00000000 00000000
DSC COMMUNICATIONS COM 233311109 00004329 00129010 SH DEFINED 02 00053650 00049050 00026310
DSC COMMUNICATIONS COM 233311109 00000083 00002500 SH DEFINED 03 00002500 00000000 00000000
DANA CORP COM 235811106 00005103 00095161 SH DEFINED 02 00047787 00019150 00028224
DEERE & CO COM 244199105 00020125 00386095 SH DEFINED 02 00108245 00081517 00196333
DEERE & CO COM 244199105 00000010 00000200 SH DEFINED 03 00000200 00000000 00000000
DELTA AIR LINES INC DEL COM 247361108 00007102 00052559 SH DEFINED 02 00044009 00002909 00005641
DELTA AIR LINES INC DEL COM 247361108 00000050 00000375 SH DEFINED 03 00000375 00000000 00000000
DEVRY INC DEL COM 251893103 00000317 00013400 SH DEFINED 02 00000000 00000800 00012600
DIGI INTL INC COM 253798102 00000266 00010900 SH DEFINED 02 00000000 00009900 00001000
DIONEX CORP COM 254546104 00000527 00020800 SH DEFINED 02 00000400 00018800 00001600
DISNEY WALT CO COM 254687106 00015292 00143507 SH DEFINED 02 00042924 00055892 00044691
DISNEY WALT CO COM 254687106 00000146 00001376 SH DEFINED 03 00001376 00000000 00000000
DISNEY WALT CO COM 254687106 00000105 00001000 SH DEFINED 04 00001000 00000000 00000000
DOMINION RES INC VA COM 257470104 00000735 00017938 SH DEFINED 02 00008766 00006993 00002179
DOMINION RES INC VA COM 257470104 00000316 00007709 SH DEFINED 03 00007709 00000000 00000000
DOMINION RES INC VA COM 257470104 00000008 00000200 SH DEFINED 04 00000200 00000000 00000000
DONALDSON INC COM 257651109 00000619 00028332 SH DEFINED 02 00002248 00001200 00024884
DONNELLEY R R & SONS CO COM 257867101 00002073 00043826 SH DEFINED 02 00021300 00016026 00006500
DOVER CORP COM 260003108 00018922 00548463 SH DEFINED 02 00266242 00144632 00137589
DOVER CORP COM 260003108 00000186 00005410 SH DEFINED 03 00005410 00000000 00000000
DOVER CORP COM 260003108 00000205 00005950 SH DEFINED 04 00005400 00000550 00000000
DOW CHEM CO COM 260543103 00016590 00171477 SH DEFINED 02 00055001 00086481 00029995
DOW CHEM CO COM 260543103 00000058 00000600 SH DEFINED 03 00000600 00000000 00000000
DOW CHEM CO COM 260543103 00000015 00000150 SH DEFINED 04 00000150 00000000 00000000
DRESSER INDS INC COM 261597108 00019901 00478103 SH DEFINED 02 00169622 00189909 00118572
DRESSER INDS INC COM 261597108 00000191 00004600 SH DEFINED 03 00004600 00000000 00000000
<PAGE> PAGE 6
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DU PONT E I DE NEMOURS & CO COM 263534109 00137229 01789457 SH DEFINED 02 00840025 00524618 00424814
DU PONT E I DE NEMOURS & CO COM 263534109 00001291 00016845 SH DEFINED 03 00016120 00000000 00000725
DU PONT E I DE NEMOURS & CO COM 263534109 00000153 00002050 SH DEFINED 04 00002050 00000000 00000000
DUKE ENERGY CORP COM 264399106 00011165 00190251 SH DEFINED 02 00097389 00041193 00051669
DUKE ENERGY CORP COM 264399106 00000173 00002950 SH DEFINED 03 00002800 00000000 00000150
DUKE ENERGY CORP COM 264399106 00000059 00001000 SH DEFINED 04 00001000 00000000 00000000
DUN & BRADSTREET CORP COM 264830100 00001267 00375540 SH DEFINED 02 00343700 00027699 00004141
EASTMAN KODAK CO COM 277461109 00010858 00148356 SH DEFINED 02 00064563 00054797 00028996
EATON CORP COM 278058102 00001874 00024037 SH DEFINED 02 00011283 00010434 00002320
ELECTRONIC DATA SYS CORP NEW COM 285661104 00017649 00462939 SH DEFINED 02 00283492 00083141 00096306
ELECTRONIC DATA SYS CORP NEW COM 285661104 00000347 00009115 SH DEFINED 03 00009115 00000000 00000000
EMERSON ELEC CO COM 291011104 00038568 00650940 SH DEFINED 02 00364146 00138634 00148160
EMERSON ELEC CO COM 291011104 00000091 00001550 SH DEFINED 03 00001550 00000000 00000000
ENRON CORP COM 293561106 00030485 00560012 SH DEFINED 02 00291370 00112676 00155966
ENRON CORP COM 293561106 00000505 00009295 SH DEFINED 03 00009120 00000000 00000175
EQUITABLE RES INC COM 294549100 00005120 00179673 SH DEFINED 02 00072975 00072036 00034662
ERICSSON L M TEL CO COM 294821400 00034257 01123188 SH DEFINED 02 00390630 00396240 00336318
ERICSSON L M TEL CO COM 294821400 00000021 00000700 SH DEFINED 03 00000700 00000000 00000000
EXXON CORP COM 302290101 00227092 03121531 SH DEFINED 02 01434687 01079252 00607592
EXXON CORP COM 302290101 00001533 00021077 SH DEFINED 03 00020452 00000000 00000625
EXXON CORP COM 302290101 00000361 00005063 SH DEFINED 04 00005063 00000000 00000000
F&M BANCORP COM 302367107 00002641 00062806 SH DEFINED 02 00017495 00025351 00019960
FPL GROUP INC COM 302571104 00000907 00014371 SH DEFINED 02 00007950 00001966 00004455
FCNB CORP COM 302920103 00000598 00017661 SH DEFINED 02 00000953 00000396 00016312
FASTENAL CO COM 311900104 00001820 00038230 SH DEFINED 02 00000000 00033750 00004480
FREDDIE MAC COM 313400301 00002558 00051224 SH DEFINED 02 00008300 00042924 00000000
FEDERAL NATL MTG ASSN COM 313586109 00001080 00016440 SH DEFINED 02 00005680 00001850 00008910
FEDERAL NATL MTG ASSN COM 313586109 00000034 00000800 SH DEFINED 04 00000800 00000000 00000000
FELCOR SUITE HOTEL CPF 314305202 00000399 00015425 SH DEFINED 02 00000200 00003025 00012200
FIRST CHICAGO NBD CORP COM 31945A100 00001183 00013001 SH DEFINED 02 00001805 00007974 00003222
FIRST DATA CORP COM 319963104 00001536 00045441 SH DEFINED 02 00007981 00034916 00002544
FIRST UN CORP COM 337358105 00080704 01304305 SH DEFINED 02 00650230 00419532 00234543
FIRST UN CORP COM 337358105 00000465 00007523 SH DEFINED 03 00007303 00000000 00000220
FIRST UN CORP COM 337358105 00000068 00001160 SH DEFINED 04 00001160 00000000 00000000
FIRSTAR CORP NEW COM 33761C103 00001001 00021592 SH DEFINED 02 00000000 00000000 00021592
FISERV INC COM 337738108 00000600 00013535 SH DEFINED 02 00000000 00012860 00000675
FLEETWOOD ENTERPRISES INC COM 339099103 00003989 00098500 SH DEFINED 02 00017200 00058400 00022900
FLORIDA EAST COAST INDS INC COM 340632108 00000474 00016000 SH DEFINED 02 00000000 00016000 00000000
FLORIDA PROGRESS CORP COM 341109106 00000487 00011772 SH DEFINED 02 00003200 00008572 00000000
FLUOR CORP COM 343861100 00013884 00275630 SH DEFINED 02 00221500 00000000 00054130
FLUOR CORP COM 343861100 00000284 00005650 SH DEFINED 03 00005650 00000000 00000000
FLUOR CORP COM 343861100 00000002 00000034 SH DEFINED 04 00000034 00000000 00000000
FORD MTR CO DEL COM 345370100 00001563 00026615 SH DEFINED 02 00007901 00004340 00014374
FORD MTR CO DEL COM 345370100 00000105 00001792 SH DEFINED 03 00001792 00000000 00000000
FORTUNE BRANDS INC COM 349631101 00004970 00127037 SH DEFINED 02 00055489 00038549 00032999
FORTUNE BRANDS INC COM 349631101 00000027 00000700 SH DEFINED 03 00000700 00000000 00000000
GTE CORP COM 362320103 00047987 00855961 SH DEFINED 02 00432806 00253420 00169735
GTE CORP COM 362320103 00000846 00015106 SH DEFINED 03 00014456 00000000 00000650
GTE CORP COM 362320103 00000071 00001275 SH DEFINED 04 00001275 00000000 00000000
GALLAHER GROUP PLC COM 363595109 00001828 00079302 SH DEFINED 02 00034174 00021519 00023609
<PAGE> PAGE 7
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GANNETT INC COM 364730101 00024467 00337763 SH DEFINED 02 00183053 00115997 00038713
GANNETT INC COM 364730101 00000032 00000445 SH DEFINED 03 00000320 00000000 00000125
GARDNER DENVER INC COM 365558105 00002863 00105573 SH DEFINED 02 00000060 00105513 00000000
GATEWAY 2000 INC COM 367833100 00005153 00091206 SH DEFINED 02 00032633 00008850 00049723
GATEWAY 2000 INC COM 367833100 00000425 00007525 SH DEFINED 03 00007525 00000000 00000000
GENERAL DYNAMICS CORP COM 369550108 00000467 00010000 SH DEFINED 02 00000000 00010000 00000000
GENERAL ELEC CO COM 369604103 00353012 03811180 SH DEFINED 02 01673088 01477804 00660288
GENERAL ELEC CO COM 369604103 00003098 00033450 SH DEFINED 03 00032860 00000000 00000590
GENERAL ELEC CO COM 369604103 00000523 00005757 SH DEFINED 04 00005557 00000000 00000200
GENERAL MILLS INC COM 370334104 00001560 00022676 SH DEFINED 02 00011746 00004150 00006780
GENERAL MOTORS CORP COM 370442105 00013478 00193068 SH DEFINED 02 00141985 00018245 00032838
GENERAL MOTORS CORP COM 370442105 00000312 00004474 SH DEFINED 03 00004464 00000000 00000010
GENERAL MOTORS CORP COM 370442105 00000013 00000200 SH DEFINED 04 00000200 00000000 00000000
GENERAL RE CORP COM 370563108 00072483 00279118 SH DEFINED 02 00165184 00047509 00066425
GENUINE PARTS CO COM 372460105 00013801 00395039 SH DEFINED 02 00239493 00104950 00050596
GENUINE PARTS CO COM 372460105 00000015 00000449 SH DEFINED 03 00000449 00000000 00000000
GENZYME CORP COM 372917104 00001883 00072248 SH DEFINED 02 00019548 00013600 00039100
GENZYME CORP COM 372917104 00000127 00004880 SH DEFINED 03 00004730 00000000 00000150
GIANT FOOD INC COM 374478105 00006126 00142670 SH DEFINED 02 00022764 00098796 00021110
GIANT FOOD INC COM 374478105 00000003 00000075 SH DEFINED 03 00000075 00000000 00000000
GILLETTE CO COM 375766102 00013813 00226452 SH DEFINED 02 00016430 00103182 00106840
GILLETTE CO COM 375766102 00000146 00002400 SH DEFINED 03 00002400 00000000 00000000
GLATFELTER P H CO COM 377316104 00000291 00018136 SH DEFINED 02 00008655 00007631 00001850
GRACE W R & CO DEL NEW COM 38388F108 00000286 00016714 SH DEFINED 02 00002964 00012660 00001090
GRAINGER W W INC COM 384802104 00007327 00143136 SH DEFINED 02 00038308 00041016 00063812
GRAINGER W W INC COM 384802104 00000175 00003420 SH DEFINED 03 00003420 00000000 00000000
HSB GROUP INC COM 40428N109 00010023 00177209 SH DEFINED 02 00125197 00026850 00025162
HALLIBURTON CO COM 406216101 00015900 00374674 SH DEFINED 02 00146090 00053296 00175288
HARSCO CORP COM 415864107 00003174 00069375 SH DEFINED 02 00017460 00031890 00020025
HARTFORD FINANCIAL SVCS GRP COM 416515104 00002463 00020941 SH DEFINED 02 00007000 00007518 00006423
HEALTH CARE PPTY INVS INC COM 421915109 00000453 00012250 SH DEFINED 02 00003400 00006100 00002750
HEINZ H J CO COM 423074103 00002097 00036878 SH DEFINED 02 00005556 00020922 00010400
HEINZ H J CO COM 423074103 00000008 00000150 SH DEFINED 04 00000150 00000000 00000000
HERCULES INC COM 427056106 00000679 00017133 SH DEFINED 02 00005820 00009525 00001788
HERSHEY FOODS CORP COM 427866108 00018166 00257673 SH DEFINED 02 00163449 00043199 00051025
HERSHEY FOODS CORP COM 427866108 00000129 00001800 SH DEFINED 04 00001800 00000000 00000000
HEWLETT PACKARD CO COM 428236103 00078976 01352896 SH DEFINED 02 00770494 00227868 00354534
HEWLETT PACKARD CO COM 428236103 00000640 00010965 SH DEFINED 03 00010540 00000000 00000425
HOME DEPOT INC COM 437076102 00006350 00137493 SH DEFINED 02 00021552 00059173 00056768
HOME DEPOT INC COM 437076102 00000355 00007698 SH DEFINED 03 00007348 00000000 00000350
HOMESTAKE MNG CO COM 437614100 00000297 00028000 SH DEFINED 02 00016900 00000000 00011100
HONEYWELL INC COM 438506107 00004472 00052046 SH DEFINED 02 00016133 00017097 00018816
HONEYWELL INC COM 438506107 00000017 00000200 SH DEFINED 04 00000200 00000000 00000000
HOUSEHOLD INTL CORP COM 441815107 00000608 00011607 SH DEFINED 02 00004800 00001107 00005700
HOUSTON INDS INC COM 442161105 00000656 00021699 SH DEFINED 02 00010925 00006974 00003800
HOUSTON INDS INC COM 442161105 00000060 00002000 SH DEFINED 03 00002000 00000000 00000000
HUBBELL INC COM 443510201 00008718 00207900 SH DEFINED 02 00040942 00042082 00124876
ITT INDS INC COM 450911102 00000580 00015223 SH DEFINED 02 00006600 00003726 00004897
ILLINOIS TOOL WORKS INC COM 452308109 00029558 00437897 SH DEFINED 02 00143832 00057433 00236632
IMMUNEX CORP NEW COM 452528102 00000741 00011500 SH DEFINED 02 00000000 00011500 00000000
<PAGE> PAGE 8
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
IMPERIAL CHEM INDS PLC COM 452704505 00004933 00076483 SH DEFINED 02 00021242 00031715 00023526
INGERSOLL RAND CO COM 456866102 00024318 00562267 SH DEFINED 02 00172819 00198071 00191377
INGERSOLL RAND CO COM 456866102 00000182 00004208 SH DEFINED 03 00004208 00000000 00000000
INTEL CORP COM 458140100 00096905 01289910 SH DEFINED 02 00743125 00194885 00351900
INTEL CORP COM 458140100 00001055 00014050 SH DEFINED 03 00013325 00000000 00000725
INTEL CORP COM 458140100 00000198 00002675 SH DEFINED 04 00002475 00000000 00000200
INTERNATIONAL BUSINESS MACHS COM 459200101 00112522 00988108 SH DEFINED 02 00434626 00297633 00255849
INTERNATIONAL BUSINESS MACHS COM 459200101 00000524 00004610 SH DEFINED 03 00004610 00000000 00000000
INTERNATIONAL PAPER CO COM 460146103 00000890 00020434 SH DEFINED 02 00007444 00008290 00004700
JEFFERSON PILOT CORP COM 475070108 00044609 00763368 SH DEFINED 02 00414461 00063402 00285505
JEFFERSON PILOT CORP COM 475070108 00000298 00005100 SH DEFINED 03 00005100 00000000 00000000
JOHNSON & JOHNSON COM 478160104 00146440 01963990 SH DEFINED 02 00877338 00559901 00526751
JOHNSON & JOHNSON COM 478160104 00000586 00007860 SH DEFINED 03 00007735 00000000 00000125
JOHNSON & JOHNSON COM 478160104 00000040 00000600 SH DEFINED 04 00000500 00000000 00000100
JOHNSON CTLS INC COM 478366107 00003682 00064180 SH DEFINED 02 00026644 00023976 00013560
JOHNSON CTLS INC COM 478366107 00000216 00003775 SH DEFINED 03 00003775 00000000 00000000
K N ENERGY INC COM 482620101 00001185 00022525 SH DEFINED 02 00005477 00008648 00008400
KAMAN CORP COM 483548103 00001061 00057012 SH DEFINED 02 00039858 00000811 00016343
KAMAN CORP COM 483548103 00000008 00000400 SH DEFINED 04 00000400 00000000 00000000
S KANN SONS CO COM STPD COM 483996104 00004744 00093026 SH DEFINED 02 00005280 00087626 00000120
KELLOGG CO COM 487836108 00007935 00208830 SH DEFINED 02 00061630 00029100 00118100
KEYCORP NEW COM 493267108 00000558 00015290 SH DEFINED 02 00000000 00005806 00009484
KEYSTONE FINL INC COM 493482103 00000549 00015405 SH DEFINED 02 00004641 00010764 00000000
KIMBERLY CLARK CORP COM 494368103 00003928 00081854 SH DEFINED 02 00017580 00046082 00018192
KIMBERLY CLARK CORP COM 494368103 00000024 00000500 SH DEFINED 03 00000500 00000000 00000000
KOPP GLASS INC COM 500990106 00000326 00033950 SH DEFINED 02 00033950 00000000 00000000
LEGGETT & PLATT INC COM 524660107 00001179 00044000 SH DEFINED 02 00000000 00044000 00000000
LEUCADIA NATL CORP COM 527288104 00001778 00052500 SH DEFINED 02 00000000 00030000 00022500
LEXFORD RESIDENTIAL TR COM 528933104 00000602 00031801 SH DEFINED 02 00000000 00000000 00031801
LILLY ELI & CO COM 532457108 00007849 00117258 SH DEFINED 02 00060256 00046392 00010610
LINCOLN NATL CORP IND COM 534187109 00013688 00143803 SH DEFINED 02 00064228 00057025 00022550
LINCOLN NATL CORP IND COM 534187109 00000541 00005690 SH DEFINED 03 00005240 00000000 00000450
LOCKHEED MARTIN CORP COM 539830109 00007944 00074944 SH DEFINED 02 00022838 00032255 00019851
LOCKHEED MARTIN CORP COM 539830109 00000295 00002790 SH DEFINED 03 00002790 00000000 00000000
LOCKHEED MARTIN CORP COM 539830109 00000026 00000250 SH DEFINED 04 00000250 00000000 00000000
LUBRIZOL CORP COM 549271104 00001230 00038610 SH DEFINED 02 00006250 00028200 00004160
LUCENT TECHNOLOGIES INC COM 549463107 00061202 00716342 SH DEFINED 02 00266567 00154554 00295221
LUCENT TECHNOLOGIES INC COM 549463107 00000439 00005139 SH DEFINED 03 00004881 00000000 00000258
LUCENT TECHNOLOGIES INC COM 549463107 00000077 00000928 SH DEFINED 04 00000864 00000000 00000064
MBIA INC COM 55262C100 00000935 00012093 SH DEFINED 02 00000000 00001100 00010993
MBNA CORP COM 55262L100 00000385 00011082 SH DEFINED 02 00001012 00002300 00007770
MCI COMMUNICATIONS CORP COM 552673105 00040537 00665898 SH DEFINED 02 00317830 00104800 00243268
MCI COMMUNICATIONS CORP COM 552673105 00000012 00000200 SH DEFINED 03 00000200 00000000 00000000
MACROCHEM CORP DEL COM 555903103 00000216 00031500 SH DEFINED 02 00000000 00030000 00001500
MAGNA GROUP INC COM 559214101 00000793 00014039 SH DEFINED 02 00013380 00000659 00000000
MARK IV INDS INC COM 570387100 00000736 00034169 SH DEFINED 02 00000000 00034169 00000000
MARKETSPAN CORP COM 57061V107 00011617 00383245 SH DEFINED 02 00225266 00085826 00072153
MARKETSPAN CORP COM 57061V107 00000375 00012375 SH DEFINED 03 00012375 00000000 00000000
MARSH & MCLENNAN COS INC COM 571748102 00029909 00497440 SH DEFINED 02 00295144 00138280 00064015
MARSH & MCLENNAN COS INC COM 571748102 00000022 00000375 SH DEFINED 03 00000375 00000000 00000000
<PAGE> PAGE 9
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MASCO CORP COM 574599106 00002144 00034238 SH DEFINED 02 00004219 00016913 00013106
MASON-DIXON BANCSHARES INC COM 575207105 00000825 00025387 SH DEFINED 02 00015171 00004857 00005359
MATTEL INC COM 577081102 00002769 00068591 SH DEFINED 02 00012051 00051145 00005395
MAY DEPT STORES CO COM 577778103 00077228 01134667 SH DEFINED 02 00449424 00412628 00272615
MAY DEPT STORES CO COM 577778103 00000270 00003975 SH DEFINED 03 00003975 00000000 00000000
MAYTAG CORP COM 578592107 00000534 00010359 SH DEFINED 02 00005100 00002409 00002850
MCCORMICK & CO INC COM 579780206 00022359 00627633 SH DEFINED 02 00129140 00316492 00182001
MCCORMICK & CO INC COM 579780206 00000157 00004430 SH DEFINED 03 00004430 00000000 00000000
MCDONALDS CORP COM 580135101 00005844 00078845 SH DEFINED 02 00028302 00014200 00036343
MCDONALDS CORP COM 580135101 00000095 00001290 SH DEFINED 03 00001290 00000000 00000000
MCDONALDS CORP COM 580135101 00000076 00001100 SH DEFINED 04 00001100 00000000 00000000
MCKESSON CORP NEW COM 581557105 00002032 00022688 SH DEFINED 02 00000200 00022488 00000000
MEDIAONE GROUP INC COM 58440J104 00000509 00011633 SH DEFINED 02 00004199 00005739 00001695
MEDTRONIC INC COM 585055106 00001619 00024133 SH DEFINED 02 00000200 00003400 00020533
MELLON BK CORP COM 585509102 00003372 00046959 SH DEFINED 02 00008807 00037965 00000187
MERCANTILE BANCORPORATION INC COM 587342106 00000892 00016962 SH DEFINED 02 00015717 00001245 00000000
MERCANTILE BANKSHARES CORP COM 587405101 00100865 02841267 SH DEFINED 02 01335152 01023869 00482246
MERCANTILE BANKSHARES CORP COM 587405101 00006080 00171278 SH DEFINED 03 00100278 00000000 00071000
MERCK & CO INC COM 589331107 00245713 01842269 SH DEFINED 02 00831129 00597750 00413390
MERCK & CO INC COM 589331107 00001053 00007895 SH DEFINED 03 00007570 00000000 00000325
MEREDITH CORP COM 589433101 00000699 00014598 SH DEFINED 02 00000000 00000800 00013798
MERRILL LYNCH & CO INC COM 590188108 00002607 00025000 SH DEFINED 02 00003200 00021200 00000600
MICROSOFT CORP COM 594918104 00014049 00130164 SH DEFINED 02 00072635 00021790 00035739
MICROSOFT CORP COM 594918104 00000010 00000100 SH DEFINED 03 00000100 00000000 00000000
MILLIPORE CORP COM 601073109 00000358 00013392 SH DEFINED 02 00000800 00002000 00010592
MINNESOTA MNG & MFG CO COM 604059105 00077753 00946749 SH DEFINED 02 00537629 00237447 00171673
MINNESOTA MNG & MFG CO COM 604059105 00000692 00008433 SH DEFINED 03 00008143 00000000 00000290
MINNESOTA MNG & MFG CO COM 604059105 00000066 00000800 SH DEFINED 04 00000800 00000000 00000000
MOBIL CORP COM 607059102 00061390 00798558 SH DEFINED 02 00455501 00207631 00135426
MOBIL CORP COM 607059102 00000568 00007395 SH DEFINED 03 00007270 00000000 00000125
MOLEX INC COM 608554200 00000670 00026117 SH DEFINED 02 00000760 00007439 00017918
MONSANTO CO COM 611662107 00001894 00034490 SH DEFINED 02 00008450 00019220 00006820
MONSANTO CO COM 611662107 00000013 00000250 SH DEFINED 03 00000250 00000000 00000000
MONSANTO CO COM 611662107 00000011 00000200 SH DEFINED 04 00000200 00000000 00000000
MORGAN J P & CO INC COM 616880100 00048913 00398678 SH DEFINED 02 00200844 00055660 00142174
MORGAN J P & CO INC COM 616880100 00000646 00005270 SH DEFINED 03 00005005 00000000 00000265
MORGAN STANLEY DEAN WITTER COM 617446448 00002063 00022781 SH DEFINED 02 00014799 00001236 00006746
MORGAN STANLEY DEAN WITTER COM 617446448 00000014 00000156 SH DEFINED 04 00000156 00000000 00000000
MORTON INTL INC NEW COM 619335102 00002304 00093339 SH DEFINED 02 00040900 00024764 00027675
MOTOROLA INC COM 620076109 00061308 01114695 SH DEFINED 02 00541620 00248697 00324378
MOTOROLA INC COM 620076109 00000504 00009165 SH DEFINED 03 00008665 00000000 00000500
MURPHY OIL CORP COM 626717102 00009299 00184382 SH DEFINED 02 00110476 00029805 00044101
MURPHY OIL CORP COM 626717102 00000065 00001300 SH DEFINED 03 00001300 00000000 00000000
MYLAN LABS INC COM 628530107 00000442 00014200 SH DEFINED 02 00004500 00009700 00000000
NATIONAL BK CAMBRIDGE MD COM 633058102 00000843 00021080 SH DEFINED 02 00015480 00005600 00000000
NATIONAL CITY CORP COM 635405103 00002272 00031837 SH DEFINED 02 00015402 00012182 00004253
NATIONSBANK CORP COM 638585109 00020354 00241597 SH DEFINED 02 00085982 00118771 00036844
NATIONSBANK CORP COM 638585109 00000263 00003130 SH DEFINED 03 00003130 00000000 00000000
NATIONSBANK CORP COM 638585109 00000063 00000826 SH DEFINED 04 00000826 00000000 00000000
NATIONWIDE HEALTH PPTYS INC COM 638620104 00000434 00017600 SH DEFINED 02 00000000 00014600 00003000
<PAGE> PAGE 10
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NESTLE S A COM 641069406 00058700 00530772 SH DEFINED 02 00200457 00135079 00195236
NESTLE S A COM 641069406 00000712 00006440 SH DEFINED 03 00006055 00000000 00000385
NEW CENTY ENERGIES INC COM 64352U103 00000464 00010036 SH DEFINED 02 00004457 00004153 00001426
NEWELL CO COM 651192106 00010086 00205855 SH DEFINED 02 00046315 00061422 00098118
NEWPORT NEWS SHIPBUILDING INC COM 652228107 00001257 00048600 SH DEFINED 02 00000000 00048600 00000000
NEWS CORP LTD COM 652487802 00005115 00177150 SH DEFINED 02 00074600 00082300 00020250
NORDSTROM INC COM 655664100 00005465 00140359 SH DEFINED 02 00064328 00019950 00056081
NORDSTROM INC COM 655664100 00000052 00001350 SH DEFINED 03 00001350 00000000 00000000
NORFOLK SOUTHERN CORP COM 655844108 00030453 01021496 SH DEFINED 02 00543528 00279744 00198224
NORFOLK SOUTHERN CORP COM 655844108 00000398 00013355 SH DEFINED 03 00013105 00000000 00000250
NORFOLK SOUTHERN CORP COM 655844108 00000116 00003900 SH DEFINED 04 00003900 00000000 00000000
NORTHERN STS PWR CO MINN COM 665772109 00001601 00055950 SH DEFINED 02 00016796 00034634 00004520
NORTHERN TR CORP COM 665859104 00001568 00020000 SH DEFINED 02 00000000 00009000 00011000
NOVACARE INC SUB 669930AA7 00000738 00775000 SH DEFINED 02 00700000 00020000 00055000
NOVELL INC COM 670006105 00000324 00026100 SH DEFINED 02 00000000 00023500 00002600
OLIN CORP COM 680665205 00010638 00265950 SH DEFINED 02 00107328 00152550 00006072
OMNICARE INC COM 681904108 00000861 00022400 SH DEFINED 02 00000000 00021300 00001100
OMNICOM GROUP INC COM 681919106 00001529 00029636 SH DEFINED 02 00004200 00003286 00022150
PG&E CORP COM 69331C108 00000343 00010822 SH DEFINED 02 00001800 00007400 00001622
PG&E CORP COM 69331C108 00000025 00000800 SH DEFINED 03 00000800 00000000 00000000
PNC BK CORP COM 693475105 00002148 00037522 SH DEFINED 02 00027706 00006663 00003153
PPG INDS INC COM 693506107 00011429 00163133 SH DEFINED 02 00079667 00048963 00034503
PPG INDS INC COM 693506107 00000010 00000150 SH DEFINED 03 00000150 00000000 00000000
PACIFICORP COM 695114108 00009087 00417779 SH DEFINED 02 00234601 00093940 00089238
PACIFICORP COM 695114108 00000364 00016740 SH DEFINED 03 00016140 00000000 00000600
PACIFICORP COM 695114108 00000009 00000400 SH DEFINED 04 00000400 00000000 00000000
PALM BEACH NATL HLDG CO COM 696595107 00001889 00080744 SH DEFINED 02 00000000 00080744 00000000
PENNEY J C INC COM 708160106 00015764 00217059 SH DEFINED 02 00160450 00029409 00027200
PENNEY J C INC COM 708160106 00000551 00007595 SH DEFINED 03 00007120 00000000 00000475
PEPSICO INC COM 713448108 00055399 01311205 SH DEFINED 02 00663269 00230705 00417231
PEPSICO INC COM 713448108 00000422 00010000 SH DEFINED 03 00009600 00000000 00000400
PEPSICO INC COM 713448108 00000156 00003783 SH DEFINED 04 00003583 00000000 00000200
PFIZER INC COM 717081103 00142470 01282069 SH DEFINED 02 00408345 00561181 00312543
PFIZER INC COM 717081103 00000208 00001875 SH DEFINED 03 00001775 00000000 00000100
PHELPS DODGE CORP COM 717265102 00010394 00186022 SH DEFINED 02 00153025 00002150 00030847
PHELPS DODGE CORP COM 717265102 00000142 00002550 SH DEFINED 03 00002550 00000000 00000000
PHILIP MORRIS COS INC COM 718154107 00098127 02480305 SH DEFINED 02 01351301 00635268 00493736
PHILIP MORRIS COS INC COM 718154107 00000678 00017160 SH DEFINED 03 00016560 00000000 00000600
PHILIP MORRIS COS INC COM 718154107 00000012 00000500 SH DEFINED 04 00000300 00000000 00000200
PITNEY BOWES INC COM 724479100 00012569 00246156 SH DEFINED 02 00048950 00023000 00174206
PITTWAY CORP DEL COM 725790208 00001429 00019850 SH DEFINED 02 00000000 00008250 00011600
POTLATCH CORP COM 737628107 00003294 00078094 SH DEFINED 02 00037898 00023094 00017102
POTLATCH CORP COM 737628107 00000016 00000400 SH DEFINED 03 00000400 00000000 00000000
POTOMAC ELEC PWR CO COM 737679100 00000866 00034832 SH DEFINED 02 00023126 00007558 00004148
POTOMAC ELEC PWR CO COM 737679100 00000066 00002664 SH DEFINED 03 00002664 00000000 00000000
PREMARK INTL INC COM 740459102 00000359 00010826 SH DEFINED 02 00008540 00000870 00001416
PREMISYS COMMUNICATIONS INC COM 740584107 00000280 00011490 SH DEFINED 02 00000000 00010890 00000600
T ROWE PRICE ASSOC INC COM 741477103 00020270 00526508 SH DEFINED 02 00005650 00495196 00025662
PRIMEX TECHNOLOGIES INC COM 741597108 00001200 00025304 SH DEFINED 02 00009659 00015065 00000580
PROCTER & GAMBLE CO COM 742718109 00316194 03427572 SH DEFINED 02 01999527 01059755 00368290
<PAGE> PAGE 11
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PROCTER & GAMBLE CO COM 742718109 00000688 00007465 SH DEFINED 03 00007465 00000000 00000000
PROCTER & GAMBLE CO COM 742718109 00000027 00000300 SH DEFINED 04 00000200 00000000 00000100
PROTECTIVE LIFE CORP COM 743674103 00001750 00046512 SH DEFINED 02 00001200 00007512 00037800
PROVIDENT BANKSHARES CORP COM 743859100 00000966 00033177 SH DEFINED 02 00005513 00027664 00000000
QUAKER OATS CO COM 747402105 00001009 00018116 SH DEFINED 02 00002260 00014856 00001000
QUEST DIAGNOSTICS INC COM 74834L100 00000570 00026604 SH DEFINED 02 00017616 00007119 00001869
QUESTAR CORP COM 748356102 00012595 00671758 SH DEFINED 02 00367600 00191158 00113000
QUESTAR CORP COM 748356102 00000192 00010250 SH DEFINED 03 00010250 00000000 00000000
QWEST COMMUNICATIONS INTL INC COM 749121109 00001914 00051143 SH DEFINED 02 00011006 00035976 00004160
RPM INC OHIO COM 749685103 00031358 01791872 SH DEFINED 02 00861453 00129207 00801212
RPM INC OHIO COM 749685103 00000267 00015300 SH DEFINED 03 00015300 00000000 00000000
RPM INC OHIO COM 749685103 00000009 00000500 SH DEFINED 04 00000500 00000000 00000000
RAYTHEON CO COM 755111408 00008794 00147809 SH DEFINED 02 00090459 00031900 00025450
RAYTHEON CO COM 755111408 00000162 00002730 SH DEFINED 03 00002730 00000000 00000000
REGAL BELOIT CORP COM 758750103 00002801 00101400 SH DEFINED 02 00016000 00038875 00046525
REGAL BELOIT CORP COM 758750103 00000049 00001800 SH DEFINED 03 00001800 00000000 00000000
REGIONS FINL CORP COM 758940100 00058731 01425948 SH DEFINED 02 00661803 00241266 00522879
REGIONS FINL CORP COM 758940100 00000773 00018770 SH DEFINED 03 00018545 00000000 00000225
REYNOLDS METALS CO COM 761763101 00000802 00014513 SH DEFINED 02 00003920 00007068 00003525
ROUSE CO COM 779273101 00003545 00110159 SH DEFINED 02 00000750 00055150 00054259
ROYAL DUTCH PETE CO COM 780257804 00003599 00066963 SH DEFINED 02 00020537 00031164 00015262
ROYAL DUTCH PETE CO COM 780257804 00000172 00003200 SH DEFINED 03 00003200 00000000 00000000
ROYAL DUTCH PETE CO COM 780257804 00000132 00002400 SH DEFINED 04 00002200 00000000 00000200
RUBBERMAID INC COM 781088109 00002213 00066183 SH DEFINED 02 00034325 00007650 00024208
RUBBERMAID INC COM 781088109 00000214 00006400 SH DEFINED 03 00006400 00000000 00000000
SBC COMMUNICATIONS INC COM 78387G103 00008110 00203723 SH DEFINED 02 00085527 00091174 00027022
SBC COMMUNICATIONS INC COM 78387G103 00000074 00001874 SH DEFINED 03 00001874 00000000 00000000
SBC COMMUNICATIONS INC COM 78387G103 00000005 00000124 SH DEFINED 04 00000124 00000000 00000000
SLM HLDG CORP COM 78442A109 00000693 00014000 SH DEFINED 02 00014000 00000000 00000000
ST JUDE MED INC COM 790849103 00000365 00010145 SH DEFINED 02 00002173 00001600 00006372
ST JUDE MED INC COM 790849103 00000080 00002230 SH DEFINED 03 00002230 00000000 00000000
ST PAUL COS INC COM 792860108 00001345 00031434 SH DEFINED 02 00010185 00011052 00010197
SARA LEE CORP COM 803111103 00002820 00048067 SH DEFINED 02 00006000 00031424 00010643
SARA LEE CORP COM 803111103 00000023 00000400 SH DEFINED 03 00000400 00000000 00000000
SARA LEE CORP COM 803111103 00000168 00003000 SH DEFINED 04 00003000 00000000 00000000
SCANA CORP COM 805898103 00000638 00021012 SH DEFINED 02 00013202 00006900 00000910
SCANA CORP COM 805898103 00000060 00002000 SH DEFINED 03 00002000 00000000 00000000
SCHERING PLOUGH CORP COM 806605101 00106361 01089493 SH DEFINED 02 00254535 00718851 00116107
SCHERING PLOUGH CORP COM 806605101 00000019 00000200 SH DEFINED 03 00000200 00000000 00000000
SCHLUMBERGER COM 806857108 00059879 00897052 SH DEFINED 02 00508167 00188179 00200706
SCHLUMBERGER COM 806857108 00000334 00005010 SH DEFINED 03 00004885 00000000 00000125
SCHULMAN A INC COM 808194104 00000558 00029402 SH DEFINED 02 00000000 00027011 00002391
SEARS ROEBUCK & CO COM 812387108 00001432 00023128 SH DEFINED 02 00012346 00005073 00005709
SEARS ROEBUCK & CO COM 812387108 00000012 00000200 SH DEFINED 04 00000200 00000000 00000000
SERVICE CORP INTL COM 817565104 00001050 00023983 SH DEFINED 02 00000200 00005350 00018433
SERVICEMASTER CO COM 81760N109 00006183 00172977 SH DEFINED 02 00004037 00042179 00126761
SERVICEMASTER CO COM 81760N109 00000086 00002250 SH DEFINED 04 00001950 00000000 00000300
SHERWIN WILLIAMS CO COM 824348106 00001060 00031592 SH DEFINED 02 00003792 00013800 00014000
SIGMA ALDRICH CORP COM 826552101 00000371 00010850 SH DEFINED 02 00000450 00001800 00008600
SINCLAIR BROADCAST GROUP INC COM 829226109 00000532 00018940 SH DEFINED 02 00000000 00017540 00001400
<PAGE> PAGE 12
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SLADE INCORPORATED COMMON COM 830990404 00035191 00044659 SH DEFINED 02 00010064 00000000 00034595
SMITHKLINE BEECHAM COM 832378301 00016485 00259105 SH DEFINED 02 00086409 00084611 00088085
SMITHKLINE BEECHAM COM 832378301 00000063 00001000 SH DEFINED 03 00001000 00000000 00000000
SNAP-ON, INC COM 833034101 00000711 00019200 SH DEFINED 02 00000000 00019200 00000000
SOLA INTL INC COM 834092108 00000503 00014522 SH DEFINED 02 00014522 00000000 00000000
SONAT INC COM 835415100 00001537 00041133 SH DEFINED 02 00016855 00020218 00004060
SOUTHERN CO COM 842587107 00000688 00025383 SH DEFINED 02 00012962 00006598 00005823
SOUTHTRUST CORP COM 844730101 00000628 00014040 SH DEFINED 02 00000000 00000000 00014040
SOUTHWEST AIRLS CO COM 844741108 00033408 01073344 SH DEFINED 02 00590621 00015250 00467473
SOUTHWEST AIRLS CO COM 844741108 00000957 00030763 SH DEFINED 03 00029413 00000000 00001350
SPACELABS MED INC COM 846247104 00000366 00021700 SH DEFINED 02 00008430 00013270 00000000
SPRINGS INDS INC COM 851783100 00001006 00022561 SH DEFINED 02 00022397 00000164 00000000
SPRINT CORP COM 852061100 00001436 00019899 SH DEFINED 02 00008496 00009010 00002393
SPRINT CORP COM 852061100 00000012 00000168 SH DEFINED 03 00000168 00000000 00000000
STANDARD COML CORP SUB 853258AA9 00000899 01080000 SH DEFINED 02 00770000 00000000 00310000
STANLEY WKS COM 854616109 00004544 00110165 SH DEFINED 02 00046290 00043200 00020675
STANLEY WKS COM 854616109 00000033 00000800 SH DEFINED 03 00000800 00000000 00000000
STATE STREET CORP COM 857477103 00001386 00019968 SH DEFINED 02 00007000 00012968 00000000
CHS HOLDING CORPORATION COM 857993117 00000287 00057500 SH DEFINED 02 00000000 00057500 00000000
STRYKER CORP COM 863667101 00001049 00025100 SH DEFINED 02 00000800 00000600 00023700
SUNTRUST BKS INC COM 867914103 00021961 00262622 SH DEFINED 02 00143175 00020450 00098997
SYBRON INTL CORP - WISCONSIN COM 87114F106 00000507 00020000 SH DEFINED 02 00000000 00009000 00011000
SYLVAN LEARNING SYS INC COM 871399101 00000440 00012900 SH DEFINED 02 00004500 00003150 00005250
SYSCO CORP COM 871829107 00000641 00025150 SH DEFINED 02 00006250 00009300 00009600
SYSCO CORP COM 871829107 00000040 00001600 SH DEFINED 03 00001600 00000000 00000000
TECO ENERGY INC COM 872375100 00000363 00013540 SH DEFINED 02 00009308 00001600 00002632
TECO ENERGY INC COM 872375100 00000053 00002000 SH DEFINED 03 00002000 00000000 00000000
TECHNE CORP COM 878377100 00000585 00033000 SH DEFINED 02 00000000 00032200 00000800
TELLABS INC COM 879664100 00000775 00010500 SH DEFINED 02 00000000 00009610 00000890
TERADYNE INC COM 880770102 00016457 00597100 SH DEFINED 02 00374090 00055325 00167685
TERADYNE INC COM 880770102 00000656 00023825 SH DEFINED 03 00022325 00000000 00001500
TEXACO INC COM 881694103 00003817 00064298 SH DEFINED 02 00017753 00024661 00021884
TEXACO INC COM 881694103 00000110 00001856 SH DEFINED 03 00001856 00000000 00000000
TEXAS INSTRUMENTS INC COM 882508104 00001943 00033404 SH DEFINED 02 00029640 00003000 00000764
TEXAS UTILITIES COMPANY COM 882848104 00001694 00040472 SH DEFINED 02 00019716 00011841 00008915
TEXAS UTILITIES COMPANY COM 882848104 00000256 00006125 SH DEFINED 03 00005925 00000000 00000200
THERMO ELECTRON CORP COM 883556102 00000405 00013043 SH DEFINED 02 00001837 00006704 00004502
THOMAS & BETTS CORP COM 884315102 00006646 00133926 SH DEFINED 02 00058455 00061613 00013858
THOMAS & BETTS CORP COM 884315102 00000014 00000300 SH DEFINED 03 00000300 00000000 00000000
3COM CORP COM 885535104 00000796 00027700 SH DEFINED 02 00008400 00004230 00015070
TIME WARNER INC COM 887315109 00001033 00012079 SH DEFINED 02 00003500 00007404 00001175
TIMES MIRROR CO NEW COM 887364107 00000817 00013095 SH DEFINED 02 00002061 00007417 00003617
TIMKEN CO COM 887389104 00018174 00587463 SH DEFINED 02 00401643 00023200 00162620
TIMKEN CO COM 887389104 00000329 00010650 SH DEFINED 03 00010650 00000000 00000000
TORCHMARK CORP COM 891027104 00003018 00066346 SH DEFINED 02 00000000 00010846 00055500
TRAVELERS GROUP INC COM 894190107 00009010 00139566 SH DEFINED 02 00026387 00098968 00014211
TRAVELERS GROUP INC COM 894190107 00000077 00001198 SH DEFINED 03 00001198 00000000 00000000
TRAVELERS GROUP INC COM 894190107 00000029 00000480 SH DEFINED 04 00000480 00000000 00000000
TUPPERWARE CORP COM 899896104 00013936 00491161 SH DEFINED 02 00352165 00037450 00101546
TUPPERWARE CORP COM 899896104 00000238 00008400 SH DEFINED 03 00008400 00000000 00000000
<PAGE> PAGE 13
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TYCO INTL LTD NEW COM 902124106 00001199 00018990 SH DEFINED 02 00000388 00001300 00017302
US BANCORP DEL COM 902973106 00001786 00040200 SH DEFINED 02 00000000 00040200 00000000
US BANCORP DEL COM 902973106 00000030 00000678 SH DEFINED 03 00000678 00000000 00000000
UNUM CORP COM 903192102 00010705 00183979 SH DEFINED 02 00036814 00025900 00121265
UNILEVER N V COM 904784501 00027754 00348010 SH DEFINED 02 00116712 00087343 00143955
UNILEVER N V COM 904784501 00000688 00008635 SH DEFINED 03 00008285 00000000 00000350
UNION CAMP CORP COM 905530101 00020913 00430094 SH DEFINED 02 00277247 00056434 00096413
UNION CAMP CORP COM 905530101 00000333 00006850 SH DEFINED 03 00006400 00000000 00000450
UNION NATL BANCORP INC COM 907103105 00000824 00028000 SH DEFINED 02 00000000 00000000 00028000
UNION PAC CORP COM 907818108 00007676 00182770 SH DEFINED 02 00071024 00083644 00028102
UNION PAC CORP COM 907818108 00000013 00000300 SH DEFINED 04 00000300 00000000 00000000
UNION PAC RES GROUP INC COM 907834105 00004469 00244889 SH DEFINED 02 00076752 00101378 00066759
UNION PAC RES GROUP INC COM 907834105 00000003 00000168 SH DEFINED 04 00000168 00000000 00000000
UNION PLANTERS CORP COM 908068109 00021063 00352885 SH DEFINED 02 00179750 00038200 00134935
UNITED HEALTHCARE CORP COM 910581107 00000953 00014685 SH DEFINED 02 00003440 00011245 00000000
U S WEST INC NEW COM 91273H101 00000676 00013448 SH DEFINED 02 00004555 00006855 00002037
UNITED TECHNOLOGIES CORP COM 913017109 00027768 00292681 SH DEFINED 02 00146216 00094393 00052072
UNIVERSAL CORP VA COM 913456109 00000841 00022000 SH DEFINED 02 00000000 00021300 00000700
UNIVERSAL FOODS CORP COM 913538104 00011364 00505080 SH DEFINED 02 00374900 00007100 00123080
UNIVERSAL FOODS CORP COM 913538104 00000190 00008480 SH DEFINED 03 00008480 00000000 00000000
V F CORP COM 918204108 00011053 00218603 SH DEFINED 02 00126739 00037010 00054854
V F CORP COM 918204108 00000091 00001800 SH DEFINED 03 00001800 00000000 00000000
WACHOVIA CORP NEW COM 929771103 00014376 00167044 SH DEFINED 02 00052891 00070757 00043396
WACHOVIA CORP NEW COM 929771103 00002062 00023961 SH DEFINED 03 00023961 00000000 00000000
WAL MART STORES INC COM 931142103 00039139 00640322 SH DEFINED 02 00246239 00162767 00231316
WAL MART STORES INC COM 931142103 00000317 00005200 SH DEFINED 03 00005200 00000000 00000000
WAL MART STORES INC COM 931142103 00000207 00003400 SH DEFINED 04 00003200 00000000 00000200
WALGREEN CO COM 931422109 00001451 00031332 SH DEFINED 02 00004400 00009300 00017632
WARNER LAMBERT CO COM 934488107 00072914 00970578 SH DEFINED 02 00544917 00162432 00263229
WARNER LAMBERT CO COM 934488107 00000090 00001200 SH DEFINED 03 00001200 00000000 00000000
WASHINGTON GAS LT CO COM 938837101 00000018 00000692 SH DEFINED 01 00000692 00000000 00000000
WASHINGTON GAS LT CO COM 938837101 00000444 00017014 SH DEFINED 02 00010386 00004720 00001908
WASHINGTON GAS LT CO COM 938837101 00000083 00003200 SH DEFINED 03 00003200 00000000 00000000
WASHINGTON POST CO COM 939640108 00027647 00046741 SH DEFINED 02 00008704 00004993 00033044
WASTE MGMT INC NEW COM 94106K101 00000429 00012292 SH DEFINED 02 00003308 00001100 00007884
WESTINGHOUSE AIR BRAKE CO NEW COM 960386100 00001268 00050000 SH DEFINED 02 00000000 00050000 00000000
WESTVACO CORP COM 961548104 00011304 00400120 SH DEFINED 02 00243885 00094621 00061614
WESTVACO CORP COM 961548104 00000162 00005745 SH DEFINED 03 00005745 00000000 00000000
WHIRLPOOL CORP COM 963320106 00004901 00071167 SH DEFINED 02 00008300 00041167 00021700
WHITTAKER CORPORATION NEW COM 966680407 00000421 00030000 SH DEFINED 02 00000000 00030000 00000000
WILMAR INDS INC COM 971426101 00000353 00013680 SH DEFINED 02 00000000 00013130 00000550
WILLS GROUP INC COM 971990205 00003791 00043577 SH DEFINED 02 00000000 00043577 00000000
WINN DIXIE STORES INC COM 974280109 00000516 00010636 SH DEFINED 02 00006900 00000000 00003736
WISCONSIN ENERGY CORP COM 976657106 00010149 00331393 SH DEFINED 02 00166546 00068950 00095897
WISCONSIN ENERGY CORP COM 976657106 00000174 00005710 SH DEFINED 03 00005710 00000000 00000000
WITCO CORP COM 977385103 00015455 00506726 SH DEFINED 02 00229116 00179117 00098493
WITCO CORP COM 977385103 00000007 00000250 SH DEFINED 03 00000250 00000000 00000000
WORLDCOM INC GA COM 98155K102 00012379 00245737 SH DEFINED 02 00175070 00032772 00037895
WORLDCOM INC GA COM 98155K102 00000010 00000200 SH DEFINED 03 00000200 00000000 00000000
WORTHINGTON INDS INC COM 981811102 00010596 00703484 SH DEFINED 02 00533225 00052800 00117459
<PAGE> PAGE 14
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
WORTHINGTON INDS INC COM 981811102 00000134 00008900 SH DEFINED 03 00008900 00000000 00000000
XEROX CORP COM 984121103 00002397 00022670 SH DEFINED 02 00006258 00012339 00004073
MSD&T FNDS INC GROWTH & COM 9960137L6 00001011 00045546 SH DEFINED 02 00000000 00000000 00045546
FEDERAL HOME LN BK COM 9960174Q9 00008152 00081521 SH DEFINED 02 00081521 00000000 00000000
PUBLIX SUPER MKTS COM 9960233F2 00002112 00060791 SH DEFINED 03 00060791 00000000 00000000
REPORT SUMMARY 605 DATA RECORDS 6288891 4 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
