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<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 12/31/97
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 02/12/98
Other Managers on Whose Behalf this Report is Filed:
01 FREDERICKTOWN BANK & TRUST
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
ADC TELECOMMUNICATIONS INC COM 000886101 00000329 00007904 SH DEFINED 02 00000000 00007604 00000300
AGL RESOURCES INC COM 001204106 00000544 00026657 SH DEFINED 02 00011429 00013028 00002200
AT&T CORP COM 001957109 00033061 00539236 SH DEFINED 02 00272002 00133492 00133742
AT&T CORP COM 001957109 00000940 00015339 SH DEFINED 03 00014639 00000000 00000700
ATL ULTRASOUND INC COM 00207N100 00001003 00021806 SH DEFINED 02 00008456 00013350 00000000
ABB AB COM 00256Q103 00008873 00075355 SH DEFINED 02 00032961 00029014 00013380
ABB AB COM 00256Q103 00000006 00000050 SH DEFINED 03 00000050 00000000 00000000
ABBOTT LABS COM 002824100 00017734 00270761 SH DEFINED 02 00134564 00089327 00046870
ABBOTT LABS COM 002824100 00000259 00003950 SH DEFINED 03 00003950 00000000 00000000
ACNIELSON CORPORATION W/I COM 004833109 00001776 00072889 SH DEFINED 02 00064354 00007959 00000576
CORESOURCE INC COM 007990104 00000187 00187500 SH DEFINED 02 00187500 00000000 00000000
CORESOURCE INC PFD 007990120 00000937 00937500 SH DEFINED 02 00937500 00000000 00000000
AETNA INC COM 008117103 00000470 00006664 SH DEFINED 02 00002004 00002750 00001910
AFFLIATED COMPUTER SVCS A COM 008190100 00000925 00035180 SH DEFINED 02 00000000 00035180 00000000
AHMANSON H F & CO COM 008677106 00006581 00098325 SH DEFINED 02 00095100 00001300 00001925
AHMANSON H F & CO COM 008677106 00000140 00002085 SH DEFINED 03 00001885 00000000 00000200
AIR PRODS & CHEMS INC COM 009158106 00032898 00399982 SH DEFINED 02 00255286 00072827 00071869
AIR PRODS & CHEMS INC COM 009158106 00000452 00005490 SH DEFINED 03 00005490 00000000 00000000
AIRTOUCH COMMUNICATIONS INC COM 00949T100 00012631 00303909 SH DEFINED 02 00141871 00092986 00069052
AIRTOUCH COMMUNICATNS COM 00949T100 00000026 00000636 SH DEFINED 03 00000556 00000000 00000080
AIRTOUCH COMMUNICATIONS CPF 00949T209 00013286 00372950 PRN DEFINED 02 00291925 00019550 00061475
AIRTOUCH COMMUNICATNS PFD 00949T209 00000712 00020000 SH DEFINED 03 00019300 00000000 00000700
ALBAN CO COM 012997102 00000000 00012500 SH DEFINED 02 00000000 00012500 00000000
ALBAN CO PFD 012997110 00000000 00281523 SH DEFINED 02 00000000 00281523 00000000
ALBERTSON'S INC COM 013104104 00000311 00006600 SH DEFINED 02 00000000 00006400 00000200
ALLEGHENY ENERGY INC COM 017361106 00000468 00014425 SH DEFINED 02 00004132 00009187 00001106
ALLERGAN INC COM 018490102 00000255 00007604 SH DEFINED 02 00003254 00004050 00000300
ALLIANCE CAP MGMT L P COM 018548107 00000238 00006000 SH DEFINED 02 00001000 00005000 00000000
ALLIANCE FD COM 01859K105 00000141 00021202 SH DEFINED 02 00007961 00000000 00013241
ALLIED SIGNAL INC COM 019512102 00001102 00028416 SH DEFINED 02 00011336 00010044 00007036
ALLIED SIGNAL INC COM 019512102 00000023 00000600 SH DEFINED 03 00000600 00000000 00000000
ALLSTATE CORP COM 020002101 00006929 00076573 SH DEFINED 02 00035304 00023634 00017635
ALLSTATE CORP COM 020002101 00000414 00004575 SH DEFINED 03 00004225 00000000 00000350
ALLTRISTA CORP COM 020040101 00000541 00019100 SH DEFINED 02 00000000 00019100 00000000
ALTERA CORP COM 021441100 00000228 00006900 SH DEFINED 02 00000000 00006500 00000400
ALUMINUM CO AMER COM 022249106 00005703 00081040 SH DEFINED 02 00041893 00032525 00006622
ALZA CORP SUB 022615AD0 00000545 00525000 PRN DEFINED 02 00010000 00075000 00440000
AMERADA HESS CORP COM 023551104 00000710 00012946 SH DEFINED 02 00000970 00011976 00000000
AMERICA ONLINE INC DEL COM 02364J104 00000524 00005800 SH DEFINED 02 00000000 00004800 00001000
AMERICAN ASIATIC OIL CORP COM 023879109 00000000 00155000 SH DEFINED 02 00000000 00045000 00110000
AMERICAN DIGITAL COMMUNICATION COM 025369109 00000003 00020000 SH DEFINED 02 00000000 00000000 00020000
AMERICAN ELEC PWR INC COM 025537101 00000708 00013722 SH DEFINED 02 00004828 00005820 00003074
AMERICAN ELEC PWR INC COM 025537101 00000015 00000300 SH DEFINED 03 00000300 00000000 00000000
AMERICAN EXPRESS CO COM 025816109 00005087 00057001 SH DEFINED 02 00022710 00026452 00007839
AMERICAN GENERAL CORP COM 026351106 00014330 00265075 SH DEFINED 02 00105113 00141813 00018149
AMERICAN HOME PRODS CORP COM 026609107 00116387 01521400 SH DEFINED 02 00805888 00508989 00206523
AMERICAN HOME PRODS CORP COM 026609107 00000861 00011250 SH DEFINED 03 00010900 00000000 00000350
AMERICAN INTL GROUP INC COM 026874107 00020325 00186898 SH DEFINED 02 00077973 00068708 00040217
AMERICAN INTL GROUP INC COM 026874107 00000546 00005019 SH DEFINED 03 00004494 00000000 00000525
AMERITECH CORP NEW COM 030954101 00020033 00248867 SH DEFINED 02 00127834 00093003 00028030
<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
AMERITECH CORP COM 030954101 00000110 00001372 SH DEFINED 03 00001252 00000000 00000120
AMETEK INC NEW COM 031100100 00000237 00008800 SH DEFINED 02 00000000 00008800 00000000
AMGEN INC COM 031162100 00014865 00274645 SH DEFINED 02 00192148 00026525 00055972
AMGEN INC COM 031162100 00000349 00006450 SH DEFINED 03 00006225 00000000 00000225
AMP INC COM 031897101 00034020 00810016 SH DEFINED 02 00460301 00228054 00121661
AMP INC COM 031897101 00000214 00005100 SH DEFINED 03 00005100 00000000 00000000
AMOCO CORP COM 031905102 00056673 00665767 SH DEFINED 02 00370291 00211518 00083958
AMOCO CORP COM 031905102 00000738 00008669 SH DEFINED 03 00007069 00000000 00001600
AMSOUTH BANCORPORATION COM 032165102 00000562 00010354 SH DEFINED 02 00000000 00007593 00002761
ANADIGICS INC COM 032515108 00000216 00007186 SH DEFINED 02 00000000 00006736 00000450
ANALYSTS INTL CORP COM 032681108 00000292 00008475 SH DEFINED 02 00000000 00008475 00000000
ANHEUSER BUSCH COS INC COM 035229103 00000761 00017310 SH DEFINED 02 00001066 00012136 00004108
AON CORP COM 037389103 00000245 00004188 SH DEFINED 02 00000756 00003432 00000000
APACHE CORP COM 037411105 00001278 00036467 SH DEFINED 02 00002300 00016067 00018100
APPLIED INDL TECHNOLOGIES INC COM 03820C105 00003685 00137766 SH DEFINED 02 00099545 00021309 00016912
APPLIED INDL TECHNOLOGIES I COM 03820C105 00000056 00002112 SH DEFINED 03 00002112 00000000 00000000
ARCHER DANIELS MIDLAND CO COM 039483102 00000438 00020223 SH DEFINED 02 00002368 00017855 00000000
GUINNESS PLC ORD GBP 0.25 COM 039600002 00000110 00012000 SH DEFINED 02 00000000 00012000 00000000
ATLANTIC RICHFIELD CO COM 048825103 00046657 00582306 SH DEFINED 02 00343989 00175099 00063218
ATLANTIC RICHFIELD CO COM 048825103 00000897 00011201 SH DEFINED 03 00010601 00000000 00000600
AUTODESK INC COM 052769106 00008944 00241755 SH DEFINED 02 00143075 00042200 00056480
AUTODESK INC COM 052769106 00000176 00004750 SH DEFINED 03 00004750 00000000 00000000
AUTOLIV INC COM 052800109 00000660 00020156 SH DEFINED 02 00010339 00003790 00006027
AUTOMATIC DATA PROCESSING INC COM 053015103 00000674 00010983 SH DEFINED 02 00001633 00002950 00006400
AVERY DENNISON CORP COM 053611109 00000825 00018452 SH DEFINED 02 00006800 00006052 00005600
AVNET INC COM 053807103 00004946 00074949 SH DEFINED 02 00046450 00010007 00018492
AUTOMOTIVE CASUALTY ASSURANCE COM 053990503 00000020 00070455 SH DEFINED 02 00070455 00000000 00000000
AVON PRODS INC COM 054303102 00000469 00007644 SH DEFINED 02 00001190 00000612 00005842
BAKER HUGHES INC COM 057224107 00000264 00006072 SH DEFINED 02 00003325 00001676 00001071
BALTIMORE CEMETERY COMPANY COM 058991100 00002925 00058500 SH DEFINED 02 00058500 00000000 00000000
BALTIMORE GAS & ELEC CO COM 059165100 00022616 00662765 SH DEFINED 02 00279646 00263744 00119375
BALTIMORE GAS & ELEC CO COM 059165100 00000051 00001500 SH DEFINED 03 00001500 00000000 00000000
BANC ONE CORP COM 059438101 00000580 00010681 SH DEFINED 02 00001884 00006092 00002705
BANK NEW YORK INC COM 064057102 00000464 00008032 SH DEFINED 02 00000000 00006232 00001800
BANKAMERICA CORP COM 066050105 00000458 00006286 SH DEFINED 02 00001976 00003770 00000540
BANKAMERICA CORP COM 066050105 00000000 00000006 SH DEFINED 03 00000006 00000000 00000000
BANKERS TR N Y CORP COM 066365107 00001222 00010873 SH DEFINED 02 00001600 00009273 00000000
BARD C R INC COM 067383109 00000566 00018105 SH DEFINED 02 00017605 00000000 00000500
BARNETT BKS INC COM 068055102 00008207 00114190 SH DEFINED 02 00056143 00043463 00014584
BARNETT BANKS INC COM 068055102 00000115 00001598 SH DEFINED 03 00001598 00000000 00000000
BAXTER INTL INC COM 071813109 00002387 00047330 SH DEFINED 02 00024771 00016647 00005912
BECKMAN INSTRS INC COM 075816108 00001099 00027483 SH DEFINED 02 00017524 00008655 00001304
BECKMAN INSTRS INC NEW COM 075816108 00000087 00002170 SH DEFINED 03 00002170 00000000 00000000
BECTON DICKINSON & CO COM 075887109 00001292 00025850 SH DEFINED 02 00005010 00017400 00003440
BELL ATLANTIC CORP COM 077853109 00016895 00185662 SH DEFINED 02 00088285 00068429 00028948
BELL ATLANTIC CORP COM 077853109 00000376 00004127 SH DEFINED 03 00004127 00000000 00000000
BELLSOUTH CORP COM 079860102 00046728 00829808 SH DEFINED 02 00513651 00197640 00118517
BELLSOUTH CORP COM 079860102 00000776 00013784 SH DEFINED 03 00013234 00000000 00000550
BENCHMARK ELECTRS INC COM 08160H101 00000502 00022500 SH DEFINED 02 00000000 00021700 00000800
BENEFICIAL CORP COM 081721102 00001562 00018791 SH DEFINED 02 00012589 00004602 00001600
<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
BERKSHIRE HATHAWAY INC DEL COM 084670108 00100234 00002179 SH DEFINED 02 00000001 00002178 00000000
BERKSHIRE HATHAWAY INC DEL COM 084670207 00000658 00000428 SH DEFINED 02 00000000 00000145 00000283
BLACK & DECKER CORP COM 091797100 00002282 00058439 SH DEFINED 02 00036449 00009341 00012649
BLOCK H & R INC COM 093671105 00000233 00005200 SH DEFINED 02 00000700 00000000 00004500
BLOUNT INTL INC COM 095177101 00000795 00029800 SH DEFINED 02 00000000 00029800 00000000
BOEING CO COM 097023105 00023135 00472746 SH DEFINED 02 00326018 00068535 00078193
BOEING CO COM 097023105 00000491 00010030 SH DEFINED 03 00009330 00000000 00000700
BOSTON METALS COMPANY NON-VTG COM 100990100 00000885 00073815 SH DEFINED 02 00000000 00073815 00000000
CHARLES T. BRANDT INC COM 104995105 00000500 00000070 SH DEFINED 02 00000000 00000070 00000000
BRISTOL MYERS SQUIBB CO COM 110122108 00212450 02245188 SH DEFINED 02 01120357 00972641 00152190
BRISTOL MYERS SQUIBB INC COM 110122108 00000610 00006450 SH DEFINED 03 00006275 00000000 00000175
BRITISH PETE LTD COM 110889409 00010640 00133534 SH DEFINED 02 00101820 00015200 00016514
BROWNING FERRIS INDS INC COM 115885105 00001933 00052257 SH DEFINED 02 00049582 00000925 00001750
BROWNING FERRIS COM 115885105 00000182 00004925 SH DEFINED 03 00004925 00000000 00000000
BURLINGTON NORTHN SANTA FE COM 12189T104 00002049 00022054 SH DEFINED 02 00005502 00015064 00001488
BURLINGTON NORTHN SANTA FE COM 12189T104 00000023 00000244 SH DEFINED 03 00000244 00000000 00000000
BURLINGTON RES INC COM 122014103 00000598 00013365 SH DEFINED 02 00000494 00010941 00001930
BURMAH CASTROL PLC COM 122169303 00009859 00282723 SH DEFINED 02 00133450 00069005 00080268
CBS CORP COM 12490K107 00000407 00013832 SH DEFINED 02 00006849 00003756 00003227
CBS CORP COM 12490K107 00000059 00002000 SH DEFINED 03 00002000 00000000 00000000
CIGNA CORP COM 125509109 00000894 00005187 SH DEFINED 02 00000424 00000064 00004699
CIT GROUP INC COM 125577106 00001270 00039400 SH DEFINED 02 00039400 00000000 00000000
CPC INTL INC COM 126149103 00025487 00235998 SH DEFINED 02 00124558 00080897 00030543
CPC INTL INC COM 126149103 00000173 00001600 SH DEFINED 03 00001600 00000000 00000000
CSX CORP COM 126408103 00003871 00071700 SH DEFINED 02 00024965 00028751 00017984
CSX CORP COM 126408103 00000043 00000800 SH DEFINED 03 00000800 00000000 00000000
CVS CORPORATION DELAWARE COM 126650100 00001376 00021482 SH DEFINED 02 00000000 00021482 00000000
CABLE & WIRELESS PUB LTD CO COM 126830207 00000649 00023900 SH DEFINED 02 00021700 00000400 00001800
CAMBRIDGE NEUROSCIENCE INC COM 132426107 00000019 00010000 SH DEFINED 02 00010000 00000000 00000000
CAMPBELL SOUP CO COM 134429109 00000753 00012966 SH DEFINED 02 00006000 00000900 00006066
CANADIAN IMPERIAL BK COM 13606QC35 00000000 00200000 SH DEFINED 02 00200000 00000000 00000000
CANADIAN IMPERIAL BK COMM NY COM 13606QS38 00000000 02000000 SH DEFINED 02 02000000 00000000 00000000
CANADIAN IMPERIAL BK COMM NY COM 13606QS53 00000000 02000000 SH DEFINED 02 02000000 00000000 00000000
CANADIAN IMPERIAL BK COMM NY COM 13606QS53 00000000 00500000 SH DEFINED 02 00000000 00000000 00500000
CANADIAN IMPERIAL BK COMM NY COM 13606QT29 00000000 05500000 SH DEFINED 02 05500000 00000000 00000000
CANADIAN IMPERIAL BK COM 13606QZH9 00000000 02000000 SH DEFINED 02 00000000 00000000 02000000
CANADIAN IMPERIAL BK COMM NY COM 13606Q3F8 00000000 19000000 SH DEFINED 02 09000000 00000000 00000000
CANADIAN NATL RY CO COM 136375102 00001682 00035600 SH DEFINED 02 00013800 00003200 00018600
CAPITAL ONE FINL CORP COM 14040H105 00002913 00053772 SH DEFINED 02 00032369 00010246 00011157
CAPITAL ONE FINANCIAL CORP COM 14040H105 00000049 00000900 SH DEFINED 03 00000900 00000000 00000000
CAROLINA PWR & LT CO COM 144141108 00000557 00013160 SH DEFINED 02 00003816 00006988 00002356
CATERPILLAR INC COM 149123101 00027423 00565440 SH DEFINED 02 00449941 00027800 00087699
CATERPILLAR INC DEL COM 149123101 00000136 00002800 SH DEFINED 03 00002800 00000000 00000000
CEDAR FAIR L P COM 150185106 00000250 00009700 SH DEFINED 02 00000000 00004000 00005700
CENDANT CORP COM 151313103 00001300 00037832 SH DEFINED 02 00011169 00021070 00005592
CENTRAL & SOUTH WEST CORP COM 152357109 00000619 00022893 SH DEFINED 02 00010345 00007850 00004698
CENTRAL & SOUTH WEST CORP COM 152357109 00000186 00006856 SH DEFINED 03 00006856 00000000 00000000
CHASE MANHATTAN CORP NEW COM 16161A108 00000652 00005962 SH DEFINED 02 00001418 00003131 00001413
CHEVRON CORP COM 166751107 00040784 00529667 SH DEFINED 02 00328956 00120937 00079774
CHEVRON CORPORATION COM 166751107 00000013 00000168 SH DEFINED 03 00000168 00000000 00000000
<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
CHINA INDL GROUP INC COM 169396108 00000000 00025000 SH DEFINED 02 00000000 00025000 00000000
CHIRON CORP COM 170040109 00000310 00018272 SH DEFINED 02 00014324 00000250 00003698
CHOCK FULL O NUTS CORP SUB 170268AC0 00000040 00040000 PRN DEFINED 02 00000000 00040000 00000000
CHUBB CORP COM 171232101 00049323 00652210 SH DEFINED 02 00437303 00112758 00102149
CHUBB CORP COM 171232101 00000314 00004155 SH DEFINED 03 00004155 00000000 00000000
CIDCO INC COM 171768104 00000208 00010695 SH DEFINED 02 00000000 00010695 00000000
CISCO SYS INC COM 17275R102 00011178 00200515 SH DEFINED 02 00083925 00065068 00051522
CISCO SYS INC COM 17275R102 00000161 00002887 SH DEFINED 03 00002887 00000000 00000000
CITICORP COM 173034109 00002742 00021689 SH DEFINED 02 00013160 00007534 00000995
CITICORP COM 173034109 00000051 00000400 SH DEFINED 03 00000400 00000000 00000000
CLEAR CHANNEL COMMUNICATIONS COM 184502102 00000907 00011424 SH DEFINED 02 00000000 00010492 00000932
COCA COLA CO COM 191216100 00092258 01383452 SH DEFINED 02 00625974 00571448 00186030
COCA-COLA CO COM 191216100 00000435 00006530 SH DEFINED 03 00006230 00000000 00000300
COGNIZANT CORPORATION COM 192441103 00016947 00379786 SH DEFINED 02 00332635 00042060 00005091
COLGATE PALMOLIVE CO COM 194162103 00016286 00221587 SH DEFINED 02 00137895 00049119 00034573
COLGATE PALMOLIVE CO COM 194162103 00000578 00007865 SH DEFINED 03 00007465 00000000 00000400
COLUMBIA / HCA HEALTHCARE COM 197677107 00000534 00018058 SH DEFINED 02 00000421 00017637 00000000
COMCAST CORP COM 200300101 00000357 00011200 SH DEFINED 02 00000000 00010700 00000500
COMERICA INC COM 200340107 00001596 00017688 SH DEFINED 02 00009475 00001148 00007065
COMERICA INC COM 200340107 00000180 00002000 SH DEFINED 03 00002000 00000000 00000000
COMPASS CAP FDS COM 20449U506 00000728 00035584 SH DEFINED 02 00035584 00000000 00000000
COMPUTER ASSOC INTL INC COM 204912109 00000209 00003961 SH DEFINED 02 00000000 00003450 00000511
COMPUTER PRODS INC COM 205300106 00000335 00014840 SH DEFINED 02 00000000 00014440 00000400
COMPUTER SCIENCES CORP COM 205363104 00000342 00004100 SH DEFINED 02 00000000 00001100 00003000
CONAGRA INC COM 205887102 00000236 00007154 SH DEFINED 02 00002000 00002700 00002454
CONCORD EFS INC COM 206197105 00000999 00040195 SH DEFINED 02 00000000 00038170 00002025
CONSECO INC COM 208464107 00001228 00027036 SH DEFINED 02 00012000 00003136 00011900
CONSECO INC COM 208464107 00000000 00000002 SH DEFINED 03 00000002 00000000 00000000
CONSOLIDATED EDISON CO N Y INC COM 209111103 00000307 00007503 SH DEFINED 02 00003946 00001497 00002060
CONSOLIDATED EDISON CO COM 209111103 00000018 00000440 SH DEFINED 03 00000440 00000000 00000000
CONSOLIDATED NAT GAS CO SUB 209615BL6 00000033 00030000 PRN DEFINED 02 00030000 00000000 00000000
CONSOLIDATED NAT GAS CO COM 209615103 00005451 00090108 SH DEFINED 02 00040060 00040356 00009692
CONSOLIDATED NATURAL GAS CO COM 209615103 00000031 00000520 SH DEFINED 03 00000520 00000000 00000000
COOPER INDS INC COM 216669101 00009716 00198292 SH DEFINED 02 00105652 00066564 00026076
CORESTATES BK NA PHILADELPHIA COM 2186X6ES0 00700000 07000000 SH DEFINED 02 07000000 00000000 00000000
CORESTATES BK NA PHILADELPHIA COM 2186X6EU5 00300000 03000000 SH DEFINED 02 03000000 00000000 00000000
CORESTATES BK NA PHILADELPHIA COM 2186X6EU5 00050000 00500000 SH DEFINED 02 00000000 00000000 00500000
CORESTATES COM 2186X6EX9 00000000 02500000 SH DEFINED 02 02500000 00000000 00000000
CORESTATES COM 2186X6EX9 00000000 03000000 SH DEFINED 02 03000000 00000000 00000000
CORESTATES COM 2186X6EY7 00000000 03000000 SH DEFINED 02 03000000 00000000 00000000
CORESTATES COM 2186X6EY7 00000000 02000000 SH DEFINED 02 02000000 00000000 00000000
CORESTATES COM 2186X6FB6 00000000 08000000 SH DEFINED 02 08000000 00000000 00000000
CORESTATES COM 2186X6FC4 00000000 03000000 SH DEFINED 02 03000000 00000000 00000000
CORESTATES FINL CORP COM 218695104 00071469 00887824 SH DEFINED 02 00497124 00284043 00106657
CORESTATES FINL CORP COM 218695104 00000465 00005775 SH DEFINED 03 00005550 00000000 00000225
CORNING DEL L P PFD 219319209 00003441 00055850 SH DEFINED 02 00049050 00001350 00005450
CORNING DEL L P PFD 219319209 00000179 00002900 SH DEFINED 03 00002900 00000000 00000000
CORNING INC COM 219350105 00039324 01059236 SH DEFINED 02 00651230 00236406 00171600
CORNING INC COM 219350105 00000601 00016180 SH DEFINED 03 00015380 00000000 00000800
COVANCE INC COM 222816100 00003605 00181390 SH DEFINED 02 00146432 00024175 00010783
<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
COX COMMUNICATIONS INC NEW COM 224044107 00001720 00042948 SH DEFINED 02 00009325 00022208 00011415
CRESTAR FINL CORP COM 226091106 00004295 00075366 SH DEFINED 02 00004952 00014876 00055538
CRESTAR FINANCIAL CORP COM 226091106 00000017 00000300 SH DEFINED 03 00000300 00000000 00000000
DPL INC COM 233293109 00004889 00170082 SH DEFINED 02 00128574 00024210 00017298
DPL INC COM 233293109 00000135 00004680 SH DEFINED 03 00004680 00000000 00000000
DSC COMMUNICATIONS COM 233311109 00003759 00156650 SH DEFINED 02 00078550 00057700 00020400
DSC COMMUNICATIONS CORP COM 233311109 00000077 00003200 SH DEFINED 03 00003200 00000000 00000000
DANA CORP COM 235811106 00003501 00073720 SH DEFINED 02 00039221 00010750 00023749
DAVIS N Y VENTURE FD INC COM 239080104 00003625 00162362 SH DEFINED 02 00000000 00162362 00000000
DAVIS N Y VENTURE FD INC COM 239080401 00007536 00334809 SH DEFINED 02 00000000 00000000 00334809
DAVIS SER INC COM 239103500 00000559 00021805 SH DEFINED 02 00000000 00000000 00021805
DEERE & CO COM 244199105 00017142 00294299 SH DEFINED 02 00178459 00070897 00044943
DEERE & CO COM 244199105 00000012 00000200 SH DEFINED 03 00000200 00000000 00000000
DELMARVA PWR & LT CO COM 247109101 00000835 00036211 SH DEFINED 02 00007723 00023350 00005138
DELMARVA POWER & LIGHT CO COM 247109101 00000003 00000150 SH DEFINED 03 00000150 00000000 00000000
DELTA AIR LINES INC DEL COM 247361108 00006730 00056562 SH DEFINED 02 00048877 00005520 00002165
DELTA AIR LINES INC DEL COM 247361108 00000051 00000425 SH DEFINED 03 00000425 00000000 00000000
DELTIC TIMBER CORP COM 247850100 00000509 00018619 SH DEFINED 02 00014577 00002787 00001255
DELTIC TIMBER CORP COM 247850100 00000000 00000001 SH DEFINED 03 00000001 00000000 00000000
DEPOSIT GTY CORP COM 249555103 00000227 00004000 SH DEFINED 02 00000000 00004000 00000000
DEUTSCHE TELEKOM AG-SPON ADR COM 251566105 00000186 00010000 SH DEFINED 02 00003000 00000000 00007000
DEVRY INC DEL COM 251893103 00000350 00011000 SH DEFINED 02 00000000 00001000 00010000
DEXTER CORP COM 252165105 00000244 00005650 SH DEFINED 02 00000550 00004200 00000900
DIGI INTL INC COM 253798102 00000185 00010900 SH DEFINED 02 00000000 00009900 00001000
DIGITAL EQUIP CORP COM 253849103 00001242 00033460 SH DEFINED 02 00028209 00003201 00002050
DIONEX CORP COM 254546104 00000248 00005000 SH DEFINED 02 00000200 00004000 00000800
DISNEY WALT CO COM 254687106 00012565 00126922 SH DEFINED 02 00043999 00049725 00033198
THE WALT DISNEY CO COM 254687106 00000136 00001376 SH DEFINED 03 00001376 00000000 00000000
DOMINION RES INC VA COM 257470104 00000801 00018841 SH DEFINED 02 00008947 00007256 00002638
DOMINION RES INC VA COM 257470104 00000333 00007821 SH DEFINED 03 00007821 00000000 00000000
DONALDSON INC COM 257651109 00000672 00014916 SH DEFINED 02 00001124 00000600 00013192
DONNELLEY R R & SONS CO COM 257867101 00004200 00112776 SH DEFINED 02 00089900 00021376 00001500
DOVER CORP COM 260003108 00017728 00490752 SH DEFINED 02 00261942 00145632 00083178
DOVER CORP COM 260003108 00000204 00005660 SH DEFINED 03 00005660 00000000 00000000
DOW CHEM CO COM 260543103 00019541 00192527 SH DEFINED 02 00077706 00098548 00016273
DOW CHEMICAL COMPANY COM 260543103 00000061 00000600 SH DEFINED 03 00000600 00000000 00000000
DRESSER INDS INC COM 261597108 00021246 00506621 SH DEFINED 02 00220215 00189109 00097297
DRESSER INDS INC COM 261597108 00000184 00004400 SH DEFINED 03 00004400 00000000 00000000
DU PONT E I DE NEMOURS & CO COM 263534109 00099962 01664304 SH DEFINED 02 00892208 00542090 00230006
DU PONT E I DE NEMOURS & CO COM 263534109 00000916 00015255 SH DEFINED 03 00014455 00000000 00000800
DUKE ENERGY CORP COM 264399106 00008956 00161743 SH DEFINED 02 00087817 00039418 00034508
DUKE ENERGY CORP COM 264399106 00000116 00002100 SH DEFINED 03 00002100 00000000 00000000
DUN & BRADSTREET CORP COM 264830100 00011739 00379450 SH DEFINED 02 00344735 00029874 00004841
E M C CORP MASS SUB 268648AC6 00000046 00035000 PRN DEFINED 02 00000000 00035000 00000000
E M C CORP MASS COM 268648102 00000226 00008250 SH DEFINED 02 00000000 00006000 00002250
EASTMAN CHEM CO COM 277432100 00000559 00009395 SH DEFINED 02 00003168 00004470 00001757
EASTMAN KODAK CO COM 277461109 00014314 00236358 SH DEFINED 02 00126748 00079326 00030284
ECCLESTON LAND COMPANY COMMON COM 277994109 00000219 00002972 SH DEFINED 02 00002702 00000000 00000270
EATON CORP COM 278058102 00003383 00037909 SH DEFINED 02 00024875 00010734 00002300
ELAN PLC ADR COM 284131208 00000378 00007400 SH DEFINED 02 00000000 00007100 00000300
<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
ELECTRONIC DATA SYS CORP NEW COM 285661104 00023457 00533874 SH DEFINED 02 00380885 00079228 00073761
ELECTRONIC DATA SYS NEW COM 285661104 00000528 00012015 SH DEFINED 03 00011365 00000000 00000650
EMERSON ELEC CO COM 291011104 00036141 00640376 SH DEFINED 02 00387903 00143313 00109160
EMERSON ELECTRIC CO COM 291011104 00000099 00001750 SH DEFINED 03 00001750 00000000 00000000
ENRON CORP COM 293561106 00017656 00424814 SH DEFINED 02 00231651 00093662 00099501
ENRON CORP COM 293561106 00000328 00007900 SH DEFINED 03 00007900 00000000 00000000
EQUITABLE RES INC COM 294549100 00009682 00273716 SH DEFINED 02 00164377 00077010 00032329
ERICSSON L M TEL CO COM 294821400 00017682 00473893 SH DEFINED 02 00197310 00193812 00082771
ERICSSON L M TEL CO COM 294821400 00000009 00000250 SH DEFINED 03 00000250 00000000 00000000
EURO PAC GROWTH FD COM 298706102 00001679 00064564 SH DEFINED 02 00064564 00000000 00000000
EXXON CORP COM 302290101 00180670 02952741 SH DEFINED 02 01492962 01067290 00392489
EXXON CORP COM 302290101 00001178 00019252 SH DEFINED 03 00018552 00000000 00000700
F&M BANCORP COM 302367107 00001718 00045225 SH DEFINED 02 00003845 00041380 00000000
FPL GROUP INC COM 302571104 00000596 00010071 SH DEFINED 02 00006650 00001966 00001455
FCNB CORP COM 302920103 00000234 00008316 SH DEFINED 02 00007920 00000396 00000000
FASTENAL CO COM 311900104 00001397 00036530 SH DEFINED 02 00000000 00032050 00004480
FREDDIE MAC COM 313400301 00002311 00055124 SH DEFINED 02 00007200 00047924 00000000
FEDERAL NATL MTG ASSN COM 313586109 00000649 00011385 SH DEFINED 02 00000800 00001575 00009010
FIELDCREST CANNON INC SUB 316549AB0 00000771 00952000 PRN DEFINED 02 00817000 00080000 00055000
FIRST AMER BK CORP COM 318906104 00000462 00006000 SH DEFINED 02 00006000 00000000 00000000
FIRST CHICAGO NBD CORP COM 31945A100 00000274 00003285 SH DEFINED 02 00002700 00000463 00000122
FIRST DATA CORP COM 319963104 00001269 00043400 SH DEFINED 02 00007656 00034750 00000994
FIRST UN CORP COM 337358105 00005476 00106868 SH DEFINED 02 00058811 00024988 00023069
FIRST UN CORP COM 337358105 00000087 00001700 SH DEFINED 03 00001500 00000000 00000200
FIRST VA BKS INC COM 337477103 00000213 00004121 SH DEFINED 02 00000000 00004121 00000000
FIRST VA BANKS INC COM 337477103 00000107 00002062 SH DEFINED 03 00002062 00000000 00000000
FIRSTAR CORP NEW COM 33761C103 00000797 00018792 SH DEFINED 02 00000000 00000000 00018792
FISERV INC COM 337738108 00000432 00008800 SH DEFINED 02 00000000 00008350 00000450
FLAG INVS TEL INCOME FD INC COM 338331101 00001221 00063085 SH DEFINED 02 00023353 00039731 00000000
FLEETWOOD ENTERPRISES INC COM 339099103 00004767 00112350 SH DEFINED 02 00029800 00058400 00024150
FLORIDA EAST COAST INDS INC COM 340632108 00000384 00004000 SH DEFINED 02 00000000 00004000 00000000
FLORIDA PROGRESS CORP COM 341109106 00000405 00010332 SH DEFINED 02 00001700 00008572 00000060
FLUOR CORP COM 343861100 00009589 00256565 SH DEFINED 02 00215975 00000000 00040590
FLUOR CORP COM 343861100 00000211 00005650 SH DEFINED 03 00005650 00000000 00000000
FORD MTR CO DEL COM 345370100 00000719 00014812 SH DEFINED 02 00004948 00004240 00005624
FORD MOTOR COM 345370100 00000087 00001792 SH DEFINED 03 00001792 00000000 00000000
FORTUNE BRANDS INC COM 349631101 00005869 00158361 SH DEFINED 02 00083356 00043206 00031799
FORTUNE BRANDS INC COM 349631101 00000069 00001850 SH DEFINED 03 00001650 00000000 00000200
FULTON FINL CORP PA COM 360271100 00000252 00007768 SH DEFINED 02 00000000 00000000 00007768
GTE CORP COM 362320103 00040036 00766251 SH DEFINED 02 00396761 00246401 00123089
GTE CORP COM 362320103 00000807 00015441 SH DEFINED 03 00014741 00000000 00000700
GALLAHER GROUP PLC COM 363595109 00003209 00150605 SH DEFINED 02 00106809 00026351 00017445
GALLAHER GROUP PLC COM 363595109 00000012 00000550 SH DEFINED 03 00000550 00000000 00000000
GANNETT INC COM 364730101 00020453 00330894 SH DEFINED 02 00182134 00116172 00032588
GARDNER DENVER MACHY INC COM 365558105 00002672 00105585 SH DEFINED 02 00000060 00105513 00000012
GATEWAY 2000 INC COM 367833100 00011472 00350310 SH DEFINED 02 00292400 00006800 00051110
GATEWAY 2000 INC COM 367833100 00000382 00011675 SH DEFINED 03 00011675 00000000 00000000
GENERAL DYNAMICS CORP COM 369550108 00000433 00005000 SH DEFINED 02 00000000 00005000 00000000
GENERAL ELEC CO COM 369604103 00278913 03801206 SH DEFINED 02 01877686 01504361 00419159
GENERAL ELEC CO COM 369604103 00002455 00033465 SH DEFINED 03 00032865 00000000 00000600
<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
GENERAL MILLS INC COM 370334104 00001180 00016476 SH DEFINED 02 00011746 00004150 00000580
GENERAL MOTORS CORP COM 370442105 00007879 00129702 SH DEFINED 02 00085625 00020181 00023896
GENERAL MTRS CORP COM 370442105 00000272 00004474 SH DEFINED 03 00004464 00000000 00000010
GENERAL RE CORP COM 370563108 00049298 00232539 SH DEFINED 02 00156693 00046809 00029037
GENUINE PARTS CO COM 372460105 00012114 00356976 SH DEFINED 02 00211518 00105274 00040184
GENUINE PARTS CO COM 372460105 00000015 00000449 SH DEFINED 03 00000449 00000000 00000000
GENZYME CORP COM 372917104 00002051 00073923 SH DEFINED 02 00024923 00013700 00035300
GENZYME CORP COM 372917104 00000133 00004800 SH DEFINED 03 00004400 00000000 00000400
GEORGIA PAC CORP COM 373298108 00000355 00005850 SH DEFINED 02 00002019 00002959 00000872
GIANT FOOD INC COM 374478105 00008648 00256721 SH DEFINED 02 00099489 00124882 00032350
GIANT FOOD INC A COM 374478105 00000005 00000150 SH DEFINED 03 00000150 00000000 00000000
GILLETTE CO COM 375766102 00009365 00093244 SH DEFINED 02 00007965 00050201 00035078
GILLETTE CO COM 375766102 00000131 00001300 SH DEFINED 03 00001300 00000000 00000000
GLATFELTER P H CO COM 377316104 00001556 00083544 SH DEFINED 02 00069334 00011410 00002800
GLAXO WELLCOME PLC COM 37733W105 00000287 00006000 SH DEFINED 02 00000300 00004100 00001600
GOODYEAR TIRE & RUBR CO COM 382550101 00000265 00004166 SH DEFINED 02 00000954 00003123 00000089
GRACE W R & CO DEL COM 383911104 00000821 00010214 SH DEFINED 02 00000054 00010160 00000000
GRAINGER W W INC COM 384802104 00005957 00061304 SH DEFINED 02 00018054 00020691 00022559
GRAINGER W W INC COM 384802104 00000215 00002210 SH DEFINED 03 00001960 00000000 00000250
GREAT LAKES CHEM CORP COM 390568103 00000434 00009743 SH DEFINED 02 00001143 00008500 00000100
APACHE CORP CONV SUB DEB SUB 401436II3 00000022 00020000 PRN DEFINED 02 00000000 00020000 00000000
HSB GROUP INC COM 40428N109 00007182 00130150 SH DEFINED 02 00101325 00017600 00011225
HALLIBURTON CO COM 406216101 00014696 00283312 SH DEFINED 02 00191947 00051930 00039435
HARBOR FD COM 411511884 00000281 00024549 SH DEFINED 02 00024549 00000000 00000000
HARSCO CORP COM 415864107 00005128 00118928 SH DEFINED 02 00072038 00031890 00015000
HARTFORD FINANCIAL SVCS GRP COM 416515104 00001907 00020390 SH DEFINED 02 00006835 00007332 00006223
CETUS CORP SUB DEB CONV SUB 418589II0 00000131 00135000 PRN DEFINED 02 00086000 00000000 00049000
HARVEST OFFICE BLDG INVT SUB 419990023 00006250 00025000 PRN DEFINED 02 00025000 00000000 00000000
HEALTH CARE PPTY INVS INC COM 421915109 00000425 00011250 SH DEFINED 02 00003400 00006100 00001750
HEALTHDYNE INFORMATION COM 422204107 00000053 00030000 SH DEFINED 02 00000000 00000000 00030000
HEINZ H J CO COM 423074103 00001744 00034328 SH DEFINED 02 00005856 00021222 00007250
HERCULES INC SUB 427056AK2 00000033 00010000 PRN DEFINED 02 00000000 00010000 00000000
HERCULES INC COM 427056106 00000902 00018033 SH DEFINED 02 00006420 00009825 00001788
HERSHEY FOODS CORP COM 427866108 00013102 00211548 SH DEFINED 02 00139599 00043499 00028450
HEWLETT PACKARD CO COM 428236103 00066848 01071712 SH DEFINED 02 00732116 00211593 00128003
HEWLETT PACKARD CO COM 428236103 00000684 00010960 SH DEFINED 03 00010360 00000000 00000600
HOME DEPOT INC COM 437076102 00006419 00109039 SH DEFINED 02 00023312 00047923 00037804
HOME DEPOT INC COM 437076102 00000359 00006098 SH DEFINED 03 00005798 00000000 00000300
HOMESTAKE MNG CO COM 437614100 00000677 00076357 SH DEFINED 02 00071057 00000600 00004700
HONEYWELL INC COM 438506107 00002996 00043739 SH DEFINED 02 00013841 00016707 00013191
HOUSEHOLD INTL CORP COM 441815107 00000557 00004369 SH DEFINED 02 00000000 00001969 00002400
HOUSTON INDS INC COM 442161105 00000529 00019799 SH DEFINED 02 00010425 00006974 00002400
HOUSTON INDS INC COM 442161105 00000054 00002000 SH DEFINED 03 00002000 00000000 00000000
HUBBELL INC COM 443510102 00000226 00004800 SH DEFINED 02 00001300 00001400 00002100
HUBBELL INC COM 443510201 00006459 00130989 SH DEFINED 02 00047728 00042130 00041131
ITT INDS INC COM 450911102 00000466 00014864 SH DEFINED 02 00006535 00003632 00004697
ITT CORP NEW COM 450912100 00000908 00010995 SH DEFINED 02 00005708 00001580 00003707
IDAHO PWR CO COM 451380109 00000226 00006007 SH DEFINED 02 00002817 00003190 00000000
ILLINOIS TOOL WORKS INC COM 452308109 00015784 00262530 SH DEFINED 02 00183420 00040020 00039090
IMATION CORP COM 45245A107 00000380 00023764 SH DEFINED 02 00005410 00016780 00001574
<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
IMMUNEX CORP NEW COM 452528102 00000621 00011500 SH DEFINED 02 00000000 00011500 00000000
IMPERIAL CHEM INDS PLC COM 452704505 00006985 00107571 SH DEFINED 02 00065521 00029150 00012900
INCOME TR COM 45336X636 00000002 00010000 SH DEFINED 02 00000000 00010000 00000000
INGERSOLL RAND CO COM 456866102 00020115 00496676 SH DEFINED 02 00203853 00188246 00104577
INGERSOLL RAND CO COM 456866102 00000192 00004748 SH DEFINED 03 00004748 00000000 00000000
INTEL CORP COM 458140100 00078189 01113017 SH DEFINED 02 00789573 00190400 00133044
INTEL CORP COM 458140100 00000946 00013465 SH DEFINED 03 00012565 00000050 00000850
INTERNATIONAL BUSINESS MACHS COM 459200101 00086091 00822861 SH DEFINED 02 00397287 00307065 00118509
INTERNATIONAL BUSINESS MACH COM 459200101 00000341 00003260 SH DEFINED 03 00003260 00000000 00000000
INTERNATIONAL FLAVORS & COM 459506101 00000316 00006154 SH DEFINED 02 00000000 00004950 00001204
INTERNATIONAL PAPER CO COM 460146103 00000854 00019808 SH DEFINED 02 00007444 00007764 00004600
INTUIT COM 461202103 00000325 00007896 SH DEFINED 02 00007596 00000300 00000000
INVESTMENT CO AMER COM 461308108 00000382 00013533 SH DEFINED 02 00013533 00000000 00000000
IONICS INC COM 462218108 00000230 00005900 SH DEFINED 02 00003000 00002900 00000000
IPALCO ENTERPRISES INC COM 462613100 00000214 00005124 SH DEFINED 02 00005124 00000000 00000000
JDN RLTY CORP COM 465917102 00000280 00008650 SH DEFINED 02 00000000 00004750 00003900
JEFFERSON PILOT CORP COM 475070108 00027734 00356147 SH DEFINED 02 00274088 00041641 00040418
JEFFERSON PILOT CORP COM 475070108 00000265 00003400 SH DEFINED 03 00003400 00000000 00000000
ROUSE CO SUB 475447II1 00000130 00125000 PRN DEFINED 02 00000000 00000000 00125000
JOHNSON & JOHNSON COM 478160104 00114672 01740761 SH DEFINED 02 01005545 00450351 00284865
JOHNSON & JOHNSON COM 478160104 00000455 00006910 SH DEFINED 03 00006910 00000000 00000000
JOHNSON CTLS INC COM 478366107 00002958 00061965 SH DEFINED 02 00024604 00024076 00013285
JOHNSON CTLS INC COM 478366107 00000165 00003450 SH DEFINED 03 00003450 00000000 00000000
K N ENERGY INC COM 482620101 00002482 00045980 SH DEFINED 02 00022952 00018178 00004850
KAMAN CORP SUB 483548AC7 00000015 00016000 PRN DEFINED 02 00016000 00000000 00000000
KAMAN CORP COM 483548103 00001960 00119734 SH DEFINED 02 00111783 00001636 00006315
KAMAN CORP CPF 483548509 00001453 00021687 PRN DEFINED 02 00018679 00000340 00002668
S KANN SONS CO COM STPD COM 483996104 00004744 00093026 SH DEFINED 02 00005280 00087626 00000120
KELLOGG CO COM 487836108 00002382 00048000 SH DEFINED 02 00017000 00027000 00004000
KEYCORP NEW COM 493267108 00000541 00007645 SH DEFINED 02 00000000 00002903 00004742
KEYSPAN ENERGY CORP COM 493375109 00017377 00472061 SH DEFINED 02 00331799 00081826 00058436
KEYSPAN ENERGY CORP COM 493375109 00000434 00011800 SH DEFINED 03 00011800 00000000 00000000
KEYSTONE FINL INC COM 493482103 00000551 00013705 SH DEFINED 02 00002941 00010764 00000000
KIMBERLY CLARK CORP COM 494368103 00003567 00072340 SH DEFINED 02 00017780 00039618 00014942
KIMBERLY CLARK CORP COM 494368103 00000030 00000600 SH DEFINED 03 00000600 00000000 00000000
KOLLMORGEN CORP SUB 500440AA0 00000008 00008000 PRN DEFINED 02 00008000 00000000 00000000
KOPP GLASS INC COM 500990106 00000326 00033950 SH DEFINED 02 00033950 00000000 00000000
KRUPP INSD MTG LTD PARTNERSHIP COM 501120109 00000120 00012500 SH DEFINED 02 00012500 00000000 00000000
KRUGERRAND WHOLE SUB 501990501 00000005 00001712 PRN DEFINED 02 00000323 00001387 00000002
LEGG MASON VALUE TR INC COM 524659109 00000281 00006590 SH DEFINED 02 00003412 00003022 00000155
LEGGETT & PLATT INC COM 524660107 00001005 00024000 SH DEFINED 02 00000000 00024000 00000000
LEGG MASON INC COM 524901105 00000384 00006865 SH DEFINED 02 00001011 00005854 00000000
LEUCADIA NATL CORP COM 527288104 00001868 00054150 SH DEFINED 02 00000000 00030000 00024150
LILLY ELI & CO COM 532457108 00008101 00116358 SH DEFINED 02 00060756 00050392 00005210
LINCOLN NATL CORP IND COM 534187109 00013488 00172653 SH DEFINED 02 00107653 00050000 00015000
LINCOLN NATL CORP IND COM 534187109 00000428 00005475 SH DEFINED 03 00004975 00000000 00000500
LINEAR TECHNOLOGY CORP COM 535678106 00000231 00004025 SH DEFINED 02 00000000 00003725 00000300
LOCKHEED MARTIN CORP COM 539830109 00006413 00065113 SH DEFINED 02 00022302 00026130 00016681
LOCKHEED MARTIN CORP COM 539830109 00000207 00002100 SH DEFINED 03 00002100 00000000 00000000
LUBRIZOL CORP COM 549271104 00001396 00037860 SH DEFINED 02 00006900 00028200 00002760
<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
LUCENT TECHNOLOGIES INC COM 549463107 00024084 00301526 SH DEFINED 02 00159029 00081246 00061251
LUCENT TECHNOLOGIES INC COM 549463107 00000240 00003000 SH DEFINED 03 00002871 00000000 00000129
MBIA INC COM 55262C100 00000761 00011400 SH DEFINED 02 00000000 00001100 00010300
MBNA CORP COM 55262L100 00000287 00010511 SH DEFINED 02 00001012 00002412 00007087
MCI COMMUNICATIONS CORP COM 552673105 00025562 00597074 SH DEFINED 02 00395590 00116100 00085384
MCI COMMUNICATIONS COM 552673105 00000009 00000200 SH DEFINED 03 00000200 00000000 00000000
MSD&T FNDS INC GROWTH & COM 553537507 00012328 00616100 SH DEFINED 02 00104082 00000000 00512018
MSD&T FNDS INC INTL EQUITY COM 553537804 00001164 00095419 SH DEFINED 02 00048260 00033237 00013922
MSD&T FNDS INC INTL EQUITY COM 553537804 00000553 00045363 SH DEFINED 02 00001128 00001570 00042665
MSD&T FNDS INC INTL EQUITY COM 553537804 00000209 00017185 SH DEFINED 02 00009312 00004012 00003860
MSD&T FNDS INC INTL EQUITY COM 553537804 00007374 00604434 SH DEFINED 02 00236652 00157390 00210391
MSD&T FNDS INC INTL EQUITY COM 553537804 00001212 00099391 SH DEFINED 02 00074598 00004234 00020558
MSD&T FNDS INC INTL EQUITY COM 553537804 00009439 00773690 SH DEFINED 02 00589660 00080890 00103140
MSD&T FNDS INC INTL EQUITY COM 553537804 00028620 02345952 SH DEFINED 02 01436847 00749484 00159620
MSD&T DIVERSIFIED REAL COM 553537846 00005420 00509968 SH DEFINED 02 00509968 00000000 00000000
MSD&T DIVERSIFIED REAL COM 553537846 00000265 00025021 SH DEFINED 02 00000000 00000000 00025021
MACNEAL SCHWENDLER CORP SUB 554806AA7 00000020 00020000 PRN DEFINED 02 00000000 00020000 00000000
MACROCHEM CORP DEL COM 555903103 00000287 00031500 SH DEFINED 02 00000000 00030000 00001500
MAGNA GROUP INC COM 559214101 00000290 00006339 SH DEFINED 02 00005680 00000659 00000000
MANOR CARE INC COM 564054104 00000438 00012531 SH DEFINED 02 00000000 00001650 00010881
MARK IV INDS INC COM 570387100 00000747 00034169 SH DEFINED 02 00000000 00034169 00000000
MARSH & MCLENNAN COS INC COM 571748102 00026739 00358612 SH DEFINED 02 00236587 00090387 00031638
MARSH & MCLENNAN COS INC COM 571748102 00000019 00000250 SH DEFINED 03 00000250 00000000 00000000
MASCO CORP SUB 574599AG1 00002325 01932000 PRN DEFINED 02 01202000 00375000 00355000
MASCO CORP COM 574599106 00000396 00007800 SH DEFINED 02 00000800 00007000 00000000
MASKWA NICKEL CHROME MINES LTD COM 574990214 00000001 00012000 SH DEFINED 02 00000000 00000000 00012000
MASON-DIXON BANCSHARES INC COM 575207105 00000619 00021004 SH DEFINED 02 00015737 00004857 00000410
MATRIA HEALTHCARE INC COM 576817100 00000168 00030000 SH DEFINED 02 00000000 00000000 00030000
MATTEL INC COM 577081102 00002554 00068576 SH DEFINED 02 00001776 00047892 00018908
MAY DEPT STORES CO COM 577778103 00051035 00968638 SH DEFINED 02 00437414 00426811 00104413
MAY DEPT STORES CO COM 577778103 00000220 00004175 SH DEFINED 03 00003975 00000000 00000200
MAYTAG CORP COM 578592107 00000278 00007459 SH DEFINED 02 00005200 00001909 00000350
MAYTAG CORPORATION COM 578592107 00000004 00000100 SH DEFINED 03 00000100 00000000 00000000
MCCORMICK & CO INC COM 579780107 00000237 00008512 SH DEFINED 02 00008000 00000512 00000000
MCCORMICK & CO INC COM 579780206 00019106 00682392 SH DEFINED 02 00286003 00368602 00027787
MCCORMICK & CO INC COM 579780206 00000124 00004430 SH DEFINED 03 00004430 00000000 00000000
MCDONALDS CORP COM 580135101 00005175 00108379 SH DEFINED 02 00064587 00014110 00029682
MCDONALDS CORP COM 580135101 00000059 00001240 SH DEFINED 03 00001240 00000000 00000000
MCGRAW HILL COS INC COM 580645109 00000261 00003531 SH DEFINED 02 00000000 00003331 00000200
MCKESSON CORP NEW COM 581557105 00001218 00011244 SH DEFINED 02 00000000 00011244 00000000
MEAD CORP COM 582834107 00000239 00008552 SH DEFINED 02 00003800 00003152 00001600
MEDICAL CTR INS CO LTD COM 584990105 00000015 00125000 SH DEFINED 02 00125000 00000000 00000000
MEDTRONIC INC COM 585055106 00001270 00024198 SH DEFINED 02 00000200 00003600 00020398
MELLON BK CORP COM 585509102 00001866 00030788 SH DEFINED 02 00000533 00025725 00004530
MERCANTILE BANCORPORATION INC COM 587342106 00000371 00006045 SH DEFINED 02 00004800 00001245 00000000
MERCANTILE BANKSHARES CORP COM 587405101 00104855 02680003 SH DEFINED 02 01225505 01147312 00307186
MERCANTILE BANKSHARES CORP COM 587405101 00007481 00191236 SH DEFINED 03 00087013 00000000 00104223
MERCK & CO INC COM 589331107 00188777 01780917 SH DEFINED 02 00855097 00614312 00311508
MERCK & CO INC COM 589331107 00000762 00007185 SH DEFINED 03 00006735 00000000 00000450
MERRILL LYNCH & CO INC COM 590188108 00001575 00021600 SH DEFINED 02 00000000 00021200 00000400
<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
MICROSOFT CORP COM 594918104 00009106 00070457 SH DEFINED 02 00040700 00012370 00017387
MICROSOFT CORP COM 594918104 00000006 00000050 SH DEFINED 03 00000050 00000000 00000000
MID-ATLANTIC RLTY TR COM 595232109 00000183 00012462 SH DEFINED 02 00007705 00003893 00000864
MILLIPORE CORP COM 601073109 00000698 00020592 SH DEFINED 02 00000800 00009200 00010592
MINNESOTA MNG & MFG CO COM 604059105 00065920 00803302 SH DEFINED 02 00451857 00235660 00115785
MINNESOTA MINING & MANUF CO COM 604059105 00000418 00005098 SH DEFINED 03 00004648 00000000 00000450
MOBIL CORP COM 607059102 00052237 00723640 SH DEFINED 02 00408213 00212907 00102520
MOBIL CORP COM 607059102 00000424 00005870 SH DEFINED 03 00005870 00000000 00000000
MOLEX INC COM 608554101 00000291 00009063 SH DEFINED 02 00000760 00003156 00005147
MOLEX INC COM 608554200 00000736 00025630 SH DEFINED 02 00000760 00006952 00017918
MONSANTO CO COM 611662107 00001249 00029740 SH DEFINED 02 00005100 00019020 00005620
MONSANTO COMPANY COM 611662107 00000015 00000350 SH DEFINED 03 00000350 00000000 00000000
MORGAN J P & CO INC COM 616880100 00032735 00290019 SH DEFINED 02 00189998 00053064 00046957
J P MORGAN & CO INC COM COM 616880100 00000485 00004295 SH DEFINED 03 00004295 00000000 00000000
MORGAN GTY TR CO COM 61736FBT5 00000000 03000000 SH DEFINED 02 03000000 00000000 00000000
MORGAN STANLEY DEAN WITTER COM 617446448 00001068 00018074 SH DEFINED 02 00014146 00001332 00002596
MORTON INTL INC NEW COM 619335102 00003606 00104914 SH DEFINED 02 00056650 00024764 00023500
MOTOROLA INC COM 620076109 00058230 01018233 SH DEFINED 02 00596279 00263059 00158895
MOTOROLA INC COM 620076109 00000641 00011215 SH DEFINED 03 00010465 00000000 00000750
MURPHY OIL CORP COM 626717102 00012781 00235884 SH DEFINED 02 00174475 00029755 00031654
MURPHY OIL CORP COM 626717102 00000070 00001300 SH DEFINED 03 00001300 00000000 00000000
MYLAN LABS INC COM 628530107 00000335 00016000 SH DEFINED 02 00004500 00011500 00000000
NAC RE CORP SUB 628907AC1 00000073 00065000 PRN DEFINED 02 00000000 00050000 00015000
NATIONAL BK CAMBRIDGE MD COM 633058102 00000737 00021080 SH DEFINED 02 00015480 00005600 00000000
NATIONAL CITY CORP COM 635405103 00000785 00011941 SH DEFINED 02 00008402 00002586 00000953
NATIONSBANK CORP COM 638585109 00006729 00110659 SH DEFINED 02 00012098 00089702 00008859
NATIONSBANK CORP COM 638585109 00000112 00001834 SH DEFINED 03 00001834 00000000 00000000
NATIONWIDE HEALTH PPTYS INC COM 638620104 00000423 00016600 SH DEFINED 02 00000000 00014600 00002000
NESTLE S A COM 641069406 00032112 00427896 SH DEFINED 02 00229652 00131379 00066865
NESTLE S A COM 641069406 00000445 00005925 SH DEFINED 03 00005475 00000000 00000450
NEUBERGER & BERMAN EQUITY FDS COM 641224100 00000856 00053413 SH DEFINED 02 00053413 00000000 00000000
NEW CENTY ENERGIES INC COM 64352U103 00000449 00009373 SH DEFINED 02 00004457 00004153 00000763
NEW ENGLAND ELEC SYS COM 644001109 00000521 00012188 SH DEFINED 02 00004045 00007060 00001083
NEW YORK TIMES CO COM 650111107 00000214 00003241 SH DEFINED 02 00002000 00001100 00000141
NEWELL CO COM 651192106 00006571 00154635 SH DEFINED 02 00035425 00060322 00058888
NEWPARK RES INC COM 651718504 00000229 00013100 SH DEFINED 02 00000000 00003400 00009700
NEWPORT NEWS SHIPBUILDING INC COM 652228107 00001236 00048624 SH DEFINED 02 00000024 00048600 00000000
NEWS CORP LTD COM 652487802 00003504 00176350 SH DEFINED 02 00075400 00082500 00018450
NOKIA CORP COM 654902204 00000360 00005194 SH DEFINED 02 00000000 00004894 00000300
NORAM ENERGY CORP SUB 655419AC3 00000004 00005000 PRN DEFINED 02 00005000 00000000 00000000
NORDSTROM INC COM 655664100 00014747 00244257 SH DEFINED 02 00174026 00016450 00053781
NORDSTROM INC COM 655664100 00000249 00004125 SH DEFINED 03 00003925 00000000 00000200
NORFOLK SOUTHERN CORP COM 655844108 00027751 00909891 SH DEFINED 02 00514863 00263497 00131531
NORFOLK SOUTHERN CORP COM 655844108 00000458 00015030 SH DEFINED 03 00014580 00000000 00000450
NORTHERN STS PWR CO MINN COM 665772109 00001859 00031925 SH DEFINED 02 00010848 00018417 00002660
NORTHERN TR CORP COM 665859104 00001395 00020000 SH DEFINED 02 00000000 00009000 00011000
NOVACARE INC SUB 669930AA7 00001377 01450000 PRN DEFINED 02 01430000 00020000 00000000
NOVELL INC COM 670006105 00000183 00024500 SH DEFINED 02 00000000 00024500 00000000
OHM CORP SUB 670839AA7 00000019 00020000 PRN DEFINED 02 00020000 00000000 00000000
OAKWOOD HOMES CORP COM 674098108 00000236 00007124 SH DEFINED 02 00000000 00006324 00000800
<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
OLIN CORP COM 680665205 00012310 00262632 SH DEFINED 02 00107498 00152550 00002584
OMNICARE INC COM 681904108 00000582 00018800 SH DEFINED 02 00000000 00017700 00001100
OMNICOM GROUP INC COM 681919106 00001269 00029956 SH DEFINED 02 00004200 00003606 00022150
ORION CAP CORP COM 686268103 00000463 00009986 SH DEFINED 02 00009986 00000000 00000000
PG&E CORP COM 69331C108 00000338 00011177 SH DEFINED 02 00002000 00007700 00001477
PG&E CORP COM 69331C108 00000024 00000800 SH DEFINED 03 00000800 00000000 00000000
PNC BK CORP SUB 693475AA3 00000024 00005000 PRN DEFINED 02 00005000 00000000 00000000
PNC BK CORP COM 693475105 00002073 00036422 SH DEFINED 02 00026106 00006663 00003653
P P & L RES INC COM 693499105 00000229 00009577 SH DEFINED 02 00004472 00002672 00002433
PPG INDS INC COM 693506107 00010063 00176166 SH DEFINED 02 00098692 00050388 00027086
PPG INDS INC COM 693506107 00000009 00000150 SH DEFINED 03 00000150 00000000 00000000
PUBLIX SUPER MARKETS INC COM 694000993 00001513 00065091 SH DEFINED 03 00065091 00000000 00000000
PACIFIC GATEWAY EXCHANGE INC COM 694327107 00000751 00013970 SH DEFINED 02 00000000 00013470 00000500
PACIFICORP COM 695114108 00012539 00459116 SH DEFINED 02 00296277 00094161 00068678
PACIFICORP COM 695114108 00000519 00018990 SH DEFINED 03 00017890 00000000 00001100
PALM BEACH NATL HLDG CO COM 696595107 00001202 00077594 SH DEFINED 02 00000000 00077594 00000000
PATRIOT AMERN HOSPITALITY INC COM 703352203 00000201 00006998 SH DEFINED 02 00006998 00000000 00000000
PAYCHEX INC COM 704326107 00000269 00005320 SH DEFINED 02 00000000 00005020 00000300
PAYLESS SHOESOURCE INC COM 704379106 00000648 00009655 SH DEFINED 02 00000368 00006276 00003011
PENNEY J C INC COM 708160106 00008145 00135059 SH DEFINED 02 00087400 00027909 00019750
J C PENNEY CO INC COM 708160106 00000455 00007545 SH DEFINED 03 00007020 00000000 00000525
PEP BOYS MANNY MOE & JACK SUB 713278AJ8 00000010 00019000 PRN DEFINED 02 00000000 00000000 00019000
PEPSICO INC COM 713448108 00040348 01113070 SH DEFINED 02 00716554 00235747 00160769
PEPSICO INC COM 713448108 00000370 00010200 SH DEFINED 03 00009700 00000000 00000500
PHARMACIA & UPJOHN INC COM 716941109 00000252 00006882 SH DEFINED 02 00003040 00002972 00000870
PFIZER INC COM 717081103 00100618 01349451 SH DEFINED 02 00595157 00611446 00142848
PFIZER INC COM 717081103 00000150 00002010 SH DEFINED 03 00002010 00000000 00000000
PHELPS DODGE CORP COM 717265102 00001682 00027022 SH DEFINED 02 00022500 00002150 00002372
PHILIP MORRIS COS INC COM 718154107 00105739 02336781 SH DEFINED 02 01509922 00647004 00179855
PHILIP MORRIS COS INC COM 718154107 00000652 00014400 SH DEFINED 03 00013950 00000000 00000450
PHILLIPS PETE CO COM 718507106 00000384 00007900 SH DEFINED 02 00001600 00006000 00000300
PIONEER HI BRED INTL INC COM 723686101 00000670 00006250 SH DEFINED 02 00004650 00000200 00001400
PITNEY BOWES INC COM 724479100 00006019 00066926 SH DEFINED 02 00034740 00011700 00020486
PITTWAY CORP DEL COM 725790208 00001382 00019850 SH DEFINED 02 00000000 00008250 00011600
POTASH CORP SASK INC COM 73755L107 00000336 00004054 SH DEFINED 02 00000000 00001082 00002972
POTLATCH CORP COM 737628107 00003801 00088401 SH DEFINED 02 00040033 00033394 00014974
POTLATCH CORP COM 737628107 00000068 00001575 SH DEFINED 03 00001575 00000000 00000000
POTOMAC ELEC PWR CO COM 737679100 00001037 00040192 SH DEFINED 02 00023872 00012242 00004078
POTOMAC ELEC PWR CO COM 737679100 00000069 00002664 SH DEFINED 03 00002664 00000000 00000000
PRAXAIR INC COM 74005P104 00000248 00005523 SH DEFINED 02 00000150 00001250 00004123
PREMARK INTL INC COM 740459102 00000381 00013156 SH DEFINED 02 00009790 00001750 00001616
PREMISYS COMMUNICATIONS INC COM 740584107 00000274 00010490 SH DEFINED 02 00000000 00009890 00000600
T ROWE PRICE ASSOC INC COM 741477103 00010949 00174151 SH DEFINED 02 00001000 00163300 00009851
T ROWE PRICE GROWTH STK FD COM 741479109 00000609 00021030 SH DEFINED 02 00006734 00014296 00000000
PRIMEX TECHNOLOGIES INC COM 741597108 00000843 00024998 SH DEFINED 02 00009675 00015065 00000258
PROCTER & GAMBLE CO COM 742718109 00270343 03387229 SH DEFINED 02 01915714 01245108 00226407
PROCTOR & GAMBLE COM 742718109 00000539 00006750 SH DEFINED 03 00006450 00000000 00000300
PROTECTIVE LIFE CORP COM 743674103 00001293 00021656 SH DEFINED 02 00000600 00001656 00019400
PROVIDENT BANKSHARES CORP COM 743859100 00001015 00015900 SH DEFINED 02 00002626 00013174 00000100
PSB HOLDING CORP COM 744057100 00000253 00005400 SH DEFINED 02 00000000 00005400 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
PUBLIC SVC ENTERPRISE GROUP COM 744573106 00000226 00007112 SH DEFINED 02 00002512 00004025 00000575
PUBLIC SER ENTERPRISE GROUP COM 744573106 00000095 00003000 SH DEFINED 03 00003000 00000000 00000000
QUAKER OATS CO COM 747402105 00000537 00010196 SH DEFINED 02 00002260 00006936 00001000
QUAKER ST CORP COM 747410108 00000756 00053550 SH DEFINED 02 00019450 00021450 00012650
QUALCOMM INC COM 747525103 00000490 00009720 SH DEFINED 02 00000000 00009320 00000400
QUEST DIAGNOSTICS INC COM 74834L100 00000627 00037190 SH DEFINED 02 00023313 00010646 00003231
QUESTAR CORP COM 748356102 00012218 00273794 SH DEFINED 02 00131850 00094029 00047915
QUESTAR CORP COM 748356102 00000244 00005475 SH DEFINED 03 00005475 00000000 00000000
RBB FD INC COM 749255105 00000173 00010537 SH DEFINED 02 00000000 00010537 00000000
RPM INC OHIO COM 749685103 00007366 00483036 SH DEFINED 02 00272346 00128207 00082483
RALSTON PURINA CO COM 751277302 00000373 00004024 SH DEFINED 02 00001017 00002707 00000300
RAYTHEON CO COM 755111309 00000433 00008774 SH DEFINED 02 00005844 00001361 00001568
RAYTHEON CO COM 755111309 00000028 00000568 SH DEFINED 03 00000287 00000000 00000281
RAYTHEON CO COM 755111408 00008524 00168809 SH DEFINED 02 00113159 00034600 00021050
RAYTHEON CO COM 755111408 00000138 00002730 SH DEFINED 03 00002730 00000000 00000000
READERS DIGEST ASSN INC COM 755267101 00000314 00013300 SH DEFINED 02 00003100 00009950 00000250
REGAL BELOIT CORP COM 758750103 00002901 00098150 SH DEFINED 02 00026200 00038875 00033075
REGAL BELOIT CORP COM 758750103 00000053 00001800 SH DEFINED 03 00001800 00000000 00000000
REGIONS FINL CORP COM 758940100 00038619 00915424 SH DEFINED 02 00516457 00224566 00174401
REGIONS FINL CORP COM 758940100 00000685 00016240 SH DEFINED 03 00015840 00000000 00000400
REPUBLIC INDS INC COM 760516104 00001609 00069059 SH DEFINED 02 00025000 00000000 00044059
REUTERS HLDGS PLC COM 761324201 00000201 00003048 SH DEFINED 02 00001800 00000416 00000832
REYNOLDS METALS CO COM 761763101 00000903 00015063 SH DEFINED 02 00004920 00006868 00003275
RESERVOIR CAP CORP SUB 761990407 00000001 00024250 PRN DEFINED 02 00000000 00013500 00010750
ROCKWELL INTL CORP NEW COM 773903109 00000307 00005884 SH DEFINED 02 00004449 00001035 00000400
ROHM & HAAS CO COM 775371107 00000633 00006613 SH DEFINED 02 00002108 00003936 00000569
ROUSE CO COM 779273101 00002212 00067559 SH DEFINED 02 00000750 00036500 00030309
ROWE T PRICE CAP APPRECIATION COM 77954M105 00000158 00010789 SH DEFINED 02 00000000 00010789 00000000
T ROWE PRICE INTL FD INC COM 77956H203 00000175 00013063 SH DEFINED 02 00000000 00013063 00000000
T ROWE PRICE NEW HORIZONS FD COM 779562107 00000668 00028699 SH DEFINED 02 00000000 00023005 00005694
ROYAL DUTCH PETE CO COM 780257804 00003471 00064073 SH DEFINED 02 00019757 00031684 00012632
ROYAL DUTCH PETE CO NY REG COM 780257804 00000173 00003200 SH DEFINED 03 00003200 00000000 00000000
ROYCE FD COM 780905816 00000696 00089141 SH DEFINED 02 00000000 00089141 00000000
RUBBERMAID INC COM 781088109 00004091 00163672 SH DEFINED 02 00139952 00009350 00014370
RUBBERMAID INC COM 781088109 00000160 00006400 SH DEFINED 03 00006400 00000000 00000000
SBC COMMUNICATIONS INC COM 78387G103 00007072 00096558 SH DEFINED 02 00036853 00047972 00011733
SBC COMMUNICATIONS INC COM 78387G103 00000069 00000937 SH DEFINED 03 00000759 00000000 00000178
ST JUDE MED INC COM 790849103 00002688 00088135 SH DEFINED 02 00081550 00002100 00004485
ST JUDE MED INC COM 790849103 00000068 00002230 SH DEFINED 03 00002230 00000000 00000000
ST PAUL COS INC COM 792860108 00000393 00004800 SH DEFINED 02 00000700 00000500 00003600
SAN JUAN RACING ASSN INC COM 798407102 00000000 00025000 SH DEFINED 02 00000000 00025000 00000000
SANIFILL INC SUB 801018AB8 00000072 00055000 PRN DEFINED 02 00010000 00000000 00045000
SARA LEE CORP COM 803111103 00002388 00042409 SH DEFINED 02 00006200 00031424 00004785
SARA LEE CORP COM 803111103 00000023 00000400 SH DEFINED 03 00000400 00000000 00000000
SCANA CORP COM 805898103 00000531 00017770 SH DEFINED 02 00009960 00006900 00000910
SCANA CORP COM 805898103 00000060 00002000 SH DEFINED 03 00002000 00000000 00000000
SCHERING PLOUGH CORP COM 806605101 00065443 01053411 SH DEFINED 02 00282040 00734401 00036970
SCHERING PLOUGH CORP COM 806605101 00000012 00000200 SH DEFINED 03 00000200 00000000 00000000
SCHLUMBERGER COM 806857108 00066064 00820674 SH DEFINED 02 00534605 00201492 00084577
SCHLUMBERGER LTD COM 806857108 00000328 00004075 SH DEFINED 03 00004075 00000000 00000000
<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
SCHULMAN A INC COM 808194104 00000843 00033557 SH DEFINED 02 00000000 00027011 00006546
SEAGRAM LTD COM 811850106 00000613 00019000 SH DEFINED 02 00000000 00018500 00000500
SEARS ROEBUCK & CO COM 812387108 00000932 00020613 SH DEFINED 02 00011148 00005264 00004201
SEQUOIA FD INC COM 817418106 00001504 00011973 SH DEFINED 02 00000000 00011973 00000000
SERVICE CORP INTL COM 817565104 00000871 00023718 SH DEFINED 02 00000200 00005350 00018168
SERVICEMASTER CO COM 81760N109 00004101 00140226 SH DEFINED 02 00005400 00046709 00088117
SHAW INDS INC COM 820286102 00000126 00010900 SH DEFINED 02 00000000 00010900 00000000
SHERWIN WILLIAMS CO COM 824348106 00000882 00031792 SH DEFINED 02 00003792 00014000 00014000
SIGMA ALDRICH CORP COM 826552101 00000395 00009950 SH DEFINED 02 00000250 00001800 00007900
SINCLAIR BROADCAST GROUP INC COM 829226109 00000553 00011870 SH DEFINED 02 00000000 00010970 00000900
SLADE INCORPORATED CUM PFD PFD 830990206 00000448 00004485 SH DEFINED 02 00000000 00000000 00004485
SLADE INCORPORATED COMMON COM 830990404 00035216 00044691 SH DEFINED 02 00010064 00000000 00034627
SMITHKLINE BEECHAM COM 832378301 00012809 00249030 SH DEFINED 02 00096584 00084936 00067510
SOLA INTL INC COM 834092108 00000471 00014522 SH DEFINED 02 00014522 00000000 00000000
SONAT INC COM 835415100 00001955 00042733 SH DEFINED 02 00021055 00020218 00001460
SOUTHERN CO COM 842587107 00000616 00023822 SH DEFINED 02 00011482 00007198 00005142
SOUTHERN NEW ENGLAND COM 843485103 00000367 00007300 SH DEFINED 02 00005300 00002000 00000000
SOUTHWEST AIRLS CO COM 844741108 00021070 00855653 SH DEFINED 02 00707514 00012650 00135489
SOUTHWEST AIRLS CO COM 844741108 00000752 00030536 SH DEFINED 03 00029036 00000000 00001500
MCNEIL REAL ESTATE FD XXV COM 844990101 00000014 00080000 SH DEFINED 02 00080000 00000000 00000000
SPACELABS MED INC COM 846247104 00000412 00021726 SH DEFINED 02 00008456 00013270 00000000
SPRINGS INDS INC COM 851783100 00001173 00022561 SH DEFINED 02 00022397 00000164 00000000
SPRINT CORP COM 852061100 00001125 00019192 SH DEFINED 02 00007296 00010296 00001600
SPRINT CORP COM 852061100 00000010 00000168 SH DEFINED 03 00000168 00000000 00000000
STANDARD COML CORP SUB 853258AA9 00001345 01495000 PRN DEFINED 02 01265000 00000000 00230000
STANLEY WKS COM 854616109 00004988 00105715 SH DEFINED 02 00045490 00041400 00018825
STANLEY WKS COM 854616109 00000038 00000800 SH DEFINED 03 00000800 00000000 00000000
STAPLES INC SUB 855030AC6 00000013 00010000 PRN DEFINED 02 00000000 00000000 00010000
STATE STREET CORP COM 857477103 00001138 00019568 SH DEFINED 02 00007000 00012568 00000000
CHS HOLDING CORPORATION COM 857993117 00000287 00057500 SH DEFINED 02 00000000 00057500 00000000
STRYKER CORP COM 863667101 00000800 00021500 SH DEFINED 02 00000800 00000000 00020700
STURM & DILLARD COMPANY COM 863992103 00000228 00000011 SH DEFINED 02 00000011 00000000 00000000
SUN INC COM 866762107 00000241 00005734 SH DEFINED 02 00001645 00001130 00002959
SUNTRUST BKS INC COM 867914103 00014303 00200402 SH DEFINED 02 00166240 00020450 00013712
SUPERVALU INC COM 868536103 00000234 00005600 SH DEFINED 02 00000000 00005600 00000000
SWISS BK CORP NY BRH INTSL COM 8708H7FJ0 00000000 07500000 SH DEFINED 02 07500000 00000000 00000000
SWISS BANK CORP COM 8708H7FW1 00000000 06000000 SH DEFINED 02 06000000 00000000 00000000
SWISS BANK CORP COM 8708H7HJ8 00000000 12000000 SH DEFINED 02 02000000 00000000 00000000
SWISS BK CORP NY COM 8708H7JQ0 00000000 03000000 SH DEFINED 02 03000000 00000000 00000000
SYBRON INTL CORP - WISCONSIN COM 87114F106 00000469 00010000 SH DEFINED 02 00000000 00005000 00005000
SYLVAN LEARNING SYS INC COM 871399101 00000345 00008850 SH DEFINED 02 00003000 00002100 00003750
SYMBION INC COM 871504106 00000007 00042500 SH DEFINED 02 00000000 00042500 00000000
SYSCO CORP COM 871829107 00000479 00010525 SH DEFINED 02 00003125 00003000 00004400
SYSCO CORP COM 871829107 00000036 00000800 SH DEFINED 03 00000800 00000000 00000000
TECO ENERGY INC COM 872375100 00000311 00011080 SH DEFINED 02 00006908 00001600 00002572
TECO ENERGY INC COM 872375100 00000056 00002000 SH DEFINED 03 00002000 00000000 00000000
TRW INC COM 872649108 00000327 00006128 SH DEFINED 02 00004128 00000000 00002000
TECHNE CORP COM 878377100 00000553 00031600 SH DEFINED 02 00000000 00030800 00000800
TELLABS INC COM 879664100 00000518 00009810 SH DEFINED 02 00000000 00009010 00000800
TEMPLETON DEVELOPING MKTS TR COM 88018W104 00000985 00076156 SH DEFINED 02 00076156 00000000 00000000
<PAGE> PAGE 15
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
TEMPLETON FDS INC COM 880196209 00000578 00058142 SH DEFINED 02 00058142 00000000 00000000
TERADYNE INC COM 880770102 00012120 00378775 SH DEFINED 02 00268925 00054200 00055650
TERADYNE INC COM 880770102 00000746 00023300 SH DEFINED 03 00021350 00000000 00001950
TEXACO INC COM 881694103 00002981 00054824 SH DEFINED 02 00017030 00025496 00012297
TEXACO INC COM 881694103 00000117 00002156 SH DEFINED 03 00002156 00000000 00000000
TEXAS INSTRUMENTS INC COM 882508104 00001567 00034844 SH DEFINED 02 00029890 00003000 00001954
TEXAS UTILS CO COM 882848104 00002981 00071834 SH DEFINED 02 00055009 00012460 00004365
TEXAS UTILS CO COM 882848104 00000294 00007075 SH DEFINED 03 00006875 00000000 00000200
THERMO FIBERTEK INC 144A SUB 88355WAA3 00000053 00050000 PRN DEFINED 02 00000000 00000000 00050000
THERMO ELECTRON CORP COM 883556102 00000677 00015407 SH DEFINED 02 00001837 00008855 00004715
THERMOLASE CORP 144A SUB 883624AA6 00000066 00070000 PRN DEFINED 02 00015000 00000000 00055000
THOMAS & BETTS CORP COM 884315102 00006137 00129887 SH DEFINED 02 00055489 00061713 00012685
THOMAS & BETTS CORP COM 884315102 00000021 00000450 SH DEFINED 03 00000450 00000000 00000000
TIME WARNER INC COM 887315109 00000562 00009079 SH DEFINED 02 00000000 00007904 00001175
TIMES MIRROR CO NEW COM 887364107 00000861 00014005 SH DEFINED 02 00002061 00008221 00003723
TIMKEN CO COM 887389104 00012323 00358488 SH DEFINED 02 00280493 00009200 00068795
TIMKEN CO COM 887389104 00000495 00014400 SH DEFINED 03 00013300 00000000 00001100
TORCHMARK CORP COM 891027104 00000622 00014746 SH DEFINED 02 00000000 00010846 00003900
TOYS R US INC COM 892335100 00000492 00015665 SH DEFINED 02 00012740 00002525 00000400
TRANSAMERICA CORP COM 893485102 00000299 00002812 SH DEFINED 02 00001412 00000000 00001400
TRAVELERS GROUP INC COM 894190107 00007738 00143631 SH DEFINED 02 00029237 00097784 00016610
TRAVELERS GROUP INC COM 894190107 00000065 00001198 SH DEFINED 03 00001198 00000000 00000000
TRICON GLOBAL RESTAURANTS COM 895953107 00001669 00057440 SH DEFINED 02 00027222 00020025 00010193
TRICON GLOBAL RESTAURANTS COM 895953107 00000017 00000600 SH DEFINED 03 00000600 00000000 00000000
TRIBUNE CO COM 896047107 00000599 00009632 SH DEFINED 02 00000000 00000000 00009632
TUPPERWARE CORP COM 899896104 00010748 00385597 SH DEFINED 02 00297621 00028900 00059076
TUPPERWARE CORP COM 899896104 00000167 00006000 SH DEFINED 03 00006000 00000000 00000000
TWEEDY BROWNE FD INC COM 901165100 00000361 00022078 SH DEFINED 02 00000000 00022078 00000000
TYCO INTL LTD NEW COM 902124106 00000792 00017576 SH DEFINED 02 00000874 00001600 00015102
UAM ICM SMALL CO PORTFOLIO COM 902555762 00000256 00009784 SH DEFINED 02 00000000 00009784 00000000
USX-MARATHON GROUP NEW COM 902905827 00001094 00032435 SH DEFINED 02 00028447 00003241 00000747
USX-MARATHON GROUP COM 902905827 00000013 00000390 SH DEFINED 03 00000390 00000000 00000000
US BANCORP DEL COM 902973106 00001499 00013400 SH DEFINED 02 00000000 00013400 00000000
US BANCORP DEL COM 902973106 00000025 00000226 SH DEFINED 03 00000226 00000000 00000000
UNUM CORP COM 903192102 00007499 00137924 SH DEFINED 02 00101436 00026488 00010000
USF&G CORP COM 903290104 00002957 00134052 SH DEFINED 02 00112197 00013808 00008047
UNILEVER N V COM 904784501 00013237 00212020 SH DEFINED 02 00071417 00085018 00055585
UNION CAMP CORP COM 905530101 00020434 00380627 SH DEFINED 02 00286361 00044903 00049363
UNION CAMP CORP COM 905530101 00000346 00006450 SH DEFINED 03 00006150 00000000 00000300
UNION PAC CORP COM 907818108 00012018 00191914 SH DEFINED 02 00082394 00085864 00023656
UNION PAC RES GROUP INC COM 907834105 00005612 00231447 SH DEFINED 02 00075511 00107770 00048166
UNITED DOMINION RLTY TR INC COM 910197102 00000166 00011949 SH DEFINED 02 00000000 00002083 00009866
UNITED DOMINION REALTY TR I COM 910197102 00000003 00000200 SH DEFINED 03 00000200 00000000 00000000
UNITED PARACALE MNG CO COM 911990307 00000000 00025834 SH DEFINED 02 00025834 00000000 00000000
U S WEST INC COM 912889102 00000541 00011989 SH DEFINED 02 00003897 00007102 00000990
U S WEST INC COM 912889201 00000306 00010606 SH DEFINED 02 00002934 00006537 00001135
UNITED TECHNOLOGIES CORP COM 913017109 00024152 00331714 SH DEFINED 02 00203067 00093593 00035054
UNIVERSAL CORP VA COM 913456109 00000933 00022700 SH DEFINED 02 00000000 00021800 00000900
UNIVERSAL FOODS CORP COM 913538104 00007527 00178175 SH DEFINED 02 00139700 00003450 00035025
UNIVERSAL FOODS CORP COM 913538104 00000179 00004240 SH DEFINED 03 00004240 00000000 00000000
<PAGE> PAGE 16
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
V F CORP COM 918204108 00008866 00190684 SH DEFINED 02 00152514 00026120 00012050
V F CORP COM 918204108 00000084 00001800 SH DEFINED 03 00001800 00000000 00000000
VANCE SANDERS EXCH FD COM 921902102 00002374 00004319 SH DEFINED 02 00000000 00004319 00000000
VANGUARD SPECIALIZED COM 921908703 00002786 00196783 SH DEFINED 02 00037814 00158969 00000000
VANGUARD / WELLINGTON FD INC COM 921935102 00000264 00008970 SH DEFINED 02 00000093 00008877 00000000
VANGUARD / WINDSOR FD INC COM 922018106 00000230 00013563 SH DEFINED 02 00002895 00010668 00000000
VASTAR RES INC COM 922380100 00000250 00007000 SH DEFINED 02 00000000 00007000 00000000
VANGUARD INDEX TR COM 922908108 00000444 00004936 SH DEFINED 02 00000443 00000000 00004492
WACHOVIA CORP NEW COM 929771103 00011258 00138781 SH DEFINED 02 00042206 00065199 00031376
WACHOVIA CORPORATION COM 929771103 00002075 00025583 SH DEFINED 03 00025583 00000000 00000000
WAL MART STORES INC COM 931142103 00019621 00497536 SH DEFINED 02 00261535 00152567 00083434
WAL MART STORES INC COM 931142103 00000213 00005400 SH DEFINED 03 00005200 00000000 00000200
WALGREEN CO COM 931422109 00000437 00013932 SH DEFINED 02 00004000 00009300 00000632
WARNER LAMBERT CO COM 934488107 00039231 00315906 SH DEFINED 02 00198154 00056169 00061583
WARNER-LAMBERT CO COM 934488107 00000050 00000400 SH DEFINED 03 00000400 00000000 00000000
WASHINGTOT GAS LT CO COM 938837101 00000023 00000692 SH DEFINED 01 00000692 00000000 00000000
WASHINGTON GAS LT CO COM 938837101 00000642 00020768 SH DEFINED 02 00010616 00008244 00001908
WASHINGTON GAS LT CO COM 938837101 00000099 00003200 SH DEFINED 03 00003200 00000000 00000000
WASHINGTON MUT INC COM 939322103 00000536 00008405 SH DEFINED 02 00008000 00000225 00000180
WASHINGTON MUT INVS FD INC COM 939330106 00001266 00041721 SH DEFINED 02 00027273 00014447 00000000
WASHINGTON POST CO COM 939640108 00010208 00020984 SH DEFINED 02 00014096 00004943 00001945
WASTE MGMT INC NEW COM 94106K101 00000563 00020476 SH DEFINED 02 00002508 00005900 00012068
WATERS CORP COM 941848103 00000354 00009305 SH DEFINED 02 00009155 00000000 00000150
WELLS FARGO & CO COM 949740104 00000471 00001390 SH DEFINED 02 00000000 00001350 00000040
WESTINGHOUSE AIR BRAKE CO NEW COM 960386100 00001281 00050000 SH DEFINED 02 00000000 00050000 00000000
WESTLAND GARDENS CO COM 960990208 00000250 00000075 SH DEFINED 02 00000000 00000000 00000075
WESTVACO CORP COM 961548104 00014010 00445675 SH DEFINED 02 00272349 00096912 00076414
WESTVACO CORP COM 961548104 00000193 00006145 SH DEFINED 03 00006145 00000000 00000000
WEYERHAEUSER CO COM 962166104 00000453 00009241 SH DEFINED 02 00001301 00007940 00000000
WHIRLPOOL CORP COM 963320106 00003841 00069842 SH DEFINED 02 00009300 00041167 00019375
WHITTAKER CORPORATION NEW COM 966680407 00000330 00030000 SH DEFINED 02 00000000 00030000 00000000
WHOLE FOODS MKT INC COM 966837106 00000247 00004850 SH DEFINED 02 00000000 00004850 00000000
WINN DIXIE STORES INC COM 974280109 00000477 00010936 SH DEFINED 02 00007200 00000000 00003736
WISCONSIN ENERGY CORP COM 976657106 00012100 00420892 SH DEFINED 02 00289940 00063230 00067722
WISCONSIN ENERGY CORP COM 976657106 00000181 00006310 SH DEFINED 03 00006310 00000000 00000000
WITCO CORP COM 977385103 00023322 00571462 SH DEFINED 02 00305041 00170652 00095769
WITCO CORP COM 977385103 00000028 00000675 SH DEFINED 03 00000675 00000000 00000000
WORLDCOM INC GA COM 98155K102 00005635 00186298 SH DEFINED 02 00144250 00020897 00021151
WORLDCOM INC GA COM 98155K102 00000006 00000200 SH DEFINED 03 00000200 00000000 00000000
WORTHINGTON INDS INC COM 981811102 00013439 00814500 SH DEFINED 02 00505950 00166175 00142375
WORTHINGTON INDS INC COM 981811102 00000147 00008900 SH DEFINED 03 00008900 00000000 00000000
WRIGLEY WM JR CO COM 982526105 00000726 00009128 SH DEFINED 02 00004808 00003120 00001200
WRIGLEY WM JR CO COM 982526204 00000233 00002960 SH DEFINED 02 00001400 00001560 00000000
XEROX CORP COM 984121103 00001639 00022190 SH DEFINED 02 00005408 00013639 00003143
REPORT SUMMARY 744 DATA RECORDS 6298421 3 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
