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.
<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1998
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: First Investors Management Company, Inc.
Address: 581 Main Street
Woodbridge, N. J. 07095
13F File Number: 28-277
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Joseph I. Benedek
Title: Treasurer
Phone: 732 - 855 - 2712
Signature, Place, and Date of Signing:
Joseph I. Benedek Woodbridge, N. J. June 30, 1998
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
First Investors Global Fund, Inc.
First Investors Blue Chip Fund, Inc.
First Investors Special Situations Fund, Inc.
First Investors Utilities Income Fund, Inc.
First Investors Growth and Income Fund, Inc.
First Investors Life Series Blue Chip Fund, Inc.
First Investors Life Series Growth Fund, Inc.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 7
Form 13F Information Table Entry Total 742
Form 13F Information Table Value Total: $2,002,115
List of Other Included Managers:
No. 13F File Number Name
01 28-277 First Investors Global Fund, Inc.
02 28-277 First Investors Blue Chip Fund, Inc.
03 28-277 First Investors Special Situations Fund, Inc.
04 28-277 First Investors Utilities Income Fund, Inc.
05 28-277 First Investors Growth and Income Fund, Inc.
06 28-277 First Investors Life Blue Chip Fund, Inc.
07 28-277 First Investors Life Series Growth Fund, Inc.
<PAGE>
<TABLE>
<C>
<C>
NAME OF ISSUER
TITLE OF
CUSIP
FAIR
SHARES OR
INVESTMENT
MNGRS
VOTIN
G AUTHORITY
CLASS
NUMBER
MARKET
PRINCIPAL
DISCRETION
VALUE
AMOUNT
SOLE
SHARED NONE
NONE
D
3COM
COM
885535 104
430
14,000
X
14,000
D
A S M LITHOGRAPHY HOLDINGS
COM
N07059111
872
30,000
X
30,000
D
A T & T CORP.
COM
001957 109
857
15,000
X
15,000
D
ABBOTT LABORATORIES
COM
002824 10
2,769
67,750
X
67,750
D
ABBOTT LABS
COM
002824 100
10,914
267,000
X
267,000
D
ACE LTD
COM
G0070K103
9,419
241,500
X
241,500
D
ADC TELECOMMUNICATIONS
COM
000886 101
2,360
64,600
X
64,600
D
ADIDAS SALOMON AG
COM
403197 6
1,212
7,010
X
7,010
D
ADVANCED MICRO DEVICES
COM
007903 107
2,048
120,000
X
120,000
D
ADVO, INC.
COM
007585 102
282
10,000
X
10,000
D
AES CORPORATION
COM
00130H 105
5,088
96,800
X
96,800
D
AFFILIATED NEWSPAPER
COM
00825R 103
225
2,500
X
2,500
D
AGL RESOURCES INC.
COM
001204 106
113
5,700
X
5,700
D
AIR EXPRESS INT'L
COM
009104 10
635
23,750
X
23,750
D
AIR PRODUCTS AND CHEMICALS
COM
009158 106
3,440
86,000
X
86,000
D
AIRTOUCH COMMUNICATION
COM
00949T 100
10,694
183,000
X
183,000
D
ALCATEL ALSTHOM CIE
COM
421682 5
3,736
18,350
X
18,350
D
ALLEGHENY TELEDYNE INC
COM
017415 100
1,899
83,000
X
83,000
D
ALLIANZ WTS
COM
545342 7
7
1,189
X
1,189
D
ALLIED IRISH BANKS PLC
COM
001978 3
3,089
213,652
X
213,652
D
ALLSTATE CORP
COM
020002 101
11,830
129,200
X
129,200
D
ALTERA
COM
021441 100
4,168
141,000
X
141,000
D
AMER EXPRS
COM
025816 109
11,856
104,000
X
104,000
D
AMER RADIO 11 3/8% (SERIES B)
PFD
029161 700
305
2,631
X
2,631
D
AMEREN CORPORATION
COM
023608 102
1,316
33,118
X
33,118
D
AMERICA ONLINE INC
COM
02364J 104
954
9,000
X
9,000
D
AMERICAN ELECTRIC POWER
COM
025537 101
1,198
26,400
X
26,400
D
AMERICAN EXPRESS CO
COM
025816 10
6,760
59,300
X
59,300
D
AMERICAN FINANCIAL GROUP INC.
COM
025932 104
303
7,000
X
7,000
D
AMERICAN HOME PRODUCTS
COM
026609 107
8,808
170,200
X
170,200
D
AMERICAN INTERNATIONAL GROUP
COM
026874 107
4,472
30,627
X
30,627
D
AMERICAN INT'L GROUP
COM
026874 107
14,759
101,087
X
101,087
D
AMERICAN MGMT SYSTEM
COM
027352 10
748
25,000
X
25,000
D
AMERICAN ONCOLOGY RESOURCES, I
COM
028910 107
2,527
206,800
X
206,800
D
AMERICAN SKIING CORP
COM
029654 308
650
50,000
X
50,000
D
AMERICAN WATER WORKERS INC.
COM
030411 102
1,395
45,000
X
45,000
D
AMETEK INC.
COM
031100 100
293
10,000
X
10,000
D
AMOCO
COM
031905 102
6,292
151,150
X
151,150
D
AMP INC.
COM
031897 101
2,922
85,000
X
85,000
D
AMP LIMITED 144A
COM
611571 5
3,316
283,361
X
283,361
D
ANALOG DEVICES 3.5% 12/01/00
SDC
032654 AB1
1,888
1,500
X
0
D
ANALOG DEVICES INC
COM
032654 105
1,235
50,300
X
50,300
D
ANALOG DEVICES INC.
COM
032654 10
1,949
79,350
X
79,350
D
ANHEUSER BUSH BUD
COM
035229 103
4,629
98,100
X
98,100
D
APOLLO GROUP, INC.
COM
037604 105
3,751
113,450
X
113,450
D
APPLE SOUTH, INC.
COM
037857 109
1,194
91,369
X
91,369
D
APPLIED MATERIALS
COM
038222 105
944
32,000
X
32,000
D
ASCEND COMMUNICATIONS, INC.
COM
043491 109
1,735
35,000
X
35,000
D
ASHLAND INC.
COM
044204 105
785
15,200
X
15,200
D
ASSOCIATED BANC-CORP
COM
045487 10
713
18,950
X
18,950
D
ASSOCIATES FIRST A
COM
046008 108
1,230
16,000
X
16,000
D
ASSURANCE GEN
COM
403473 7
1,606
28,389
X
28,389
D
ASTORIA FINANCIAL
COM
046265 104
1,541
28,800
X
28,800
D
ASTORIA FINL PFD SER B 12.00%
PFD
046265 203
1,229
40,800
X
40,800
D
ATLANTIC RICHFIELD CO
COM
048825 103
781
10,000
X
10,000
D
AUST &NEW ZEALAND BNKG GRP
COM
606558 6
2,080
301,500
X
301,500
D
AUTOMATIC DATA PROCESSING
COM
053015 103
7,032
96,500
X
96,500
D
AVERY DENNISON CORP
COM
053611 109
4,327
80,500
X
80,500
D
AXA-UAP
COM
402692 7
3,290
29,250
X
29,250
D
AYALA LAND INC
COM
605511 2
254
882,000
X
882,000
D
AZTEC TECH. PARTNERS
COM
05480L 101
0
0
X
0
D
B O C GROUP
COM
010812 0
1,981
145,126
X
145,126
D
BALTIMORE GAS & ELEC CO
COM
059165 100
1,817
58,500
X
58,500
D
BANACCI B
COM
239318 4
955
504,400
X
504,400
D
BANC ONE CORP
COM
059438 101
2,735
49,000
X
49,000
D
BANCO ITAU SA PFD
PFD
245958 1
1,417
2,501,900
X
2,501,900
D
BANCO POPULAR REG
COM
528614 0
1,914
22,400
X
22,400
D
BANCO SANTANDER SA
COM
545426 0
1,969
76,800
X
76,800
D
BANK AMERICA
COM
066050 105
4,210
48,700
X
48,700
D
BANK OF NEW YORK
COM
064057 102
1,821
30,000
X
30,000
D
BANKBOSTON CORP
COM
06605R 106
8,255
148,400
X
148,400
D
BANQUE NAT DE PARIS
COM
413366 7
5,258
64,352
X
64,352
D
BARNES & NOBLE
COM
067774 109
730
19,500
X
19,500
D
BARNETT INC
COM
068062 108
567
28,000
X
28,000
D
BARRETT RESOURCES
COM
068480 20
251
6,700
X
6,700
D
BASS PLC
COM
024319 5
3,472
185,278
X
185,278
D
BAT INDUSTRIES PLC
COM
006811 6
1,271
127,000
X
127,000
D
BAXTER INTERNATIONAL
COM
071813 109
2,271
42,200
X
42,200
D
BAY NETWORKS INC.
COM
072510 100
1,613
50,000
X
50,000
D
BAYER AG
COM
506921 1
7,615
147,650
X
147,650
D
BEC ENERGY
COM
05538M 101
1,855
44,700
X
44,700
D
BED BATH & BEYOND INC.
COM
075896 100
658
12,700
X
12,700
D
BELL ATLANTIC
COM
077853 109
12,702
278,400
X
278,400
D
BELLSOUTH CORP
COM
079860 102
3,195
47,600
X
47,600
D
BEMIS CO
COM
081437 105
491
12,000
X
12,000
D
BERINGER WINE EST B
COM
084102 102
2,401
54,500
X
54,500
D
BEST FOODS INC.
COM
08658U 101
5,295
91,200
X
91,200
D
BETHLEHEM STEEL
COM
087509 105
1,430
115,000
X
115,000
D
BIOMET
COM
090613 100
562
17,000
X
17,000
D
BIRMINGHAM STEEL CORPORATION
COM
091250 100
1,245
100,632
X
100,632
D
BISYS
COM
055472 104
820
20,000
X
20,000
D
BLACK BOX CORP
COM
091826 107
199
6,000
X
6,000
D
BOEING
COM
097023 105
1,159
26,000
X
26,000
D
BOISE CASCADE CORP
COM
097383 103
2,526
77,122
X
77,122
D
BOWATER, INC
COM
102183 10
3,308
70,000
X
70,000
D
BOWLIN OUTDOOR ADV. & TRV.
COM
102595 105
93
10,000
X
10,000
D
BRADY WH CO
COM
104674 10
250
9,000
X
9,000
D
BRISTOL-MYERS SQUIBB
COM
110122 108
12,919
112,400
X
112,400
D
BRITISH PETE CO PLC
COM
013849 5
3,414
234,104
X
234,104
D
BRITISH PETROLEUM CO LTD ADR
COM
110889 409
441
5,000
X
5,000
D
BTR PLC
COM
027213 3
858
302,575
X
302,575
D
BUDGET GROUP, INC.
COM
119003 101
760
23,800
X
23,800
D
BUILDING MATERIAL HOLDING
COM
120113 105
1,089
78,850
X
78,850
D
BURLINGTON RESOURCES
COM
122014 103
861
20,000
X
20,000
D
BUSH BOAKE ALLEN INC
COM
123162 10
528
18,000
X
18,000
D
C B S CORP
COM
12490K 107
819
25,800
X
25,800
D
C K E RESTAURANTS INC.
COM
12561E 105
408
9,900
X
9,900
D
C S K AUTO CORP.
COM
125965 103
379
15,000
X
15,000
D
CABLE & WIRELESS COMM.
COM
12682P 104
950
19,000
X
19,000
D
CADENCE DESIGN
COM
127387 108
4,906
157,000
X
157,000
D
CALIFORNIA WATER SERVICES
COM
130788 102
497
19,800
X
19,800
D
CANADIAN IMPERIAL BANK
COM
136069 10
1,791
55,200
X
55,200
D
CANADIAN NATIONAL RAILWAY
COM
136375 10
2,608
49,100
X
49,100
D
CANADIAN PACIFIC LTD.
COM
135923 100
3,524
124,200
X
124,200
D
CARDIOVASCULAR DYNAMICS INC
COM
14160K 102
556
100,000
X
100,000
D
CAROLINA POWER & LIGHT
COM
144141 108
217
5,000
X
5,000
D
CASH AMERICA
COM
14754D 100
3,279
215,000
X
215,000
D
CEMIG PREF
PFD
219271 2
1,121
6,291,431
X
6,291,431
D
CENTOCOR
COM
152342 101
1,407
38,800
X
38,800
D
CENTRAL & SOUTH WEST CORP
COM
152357 109
1,344
50,000
X
50,000
D
CENTRAL NEWSPAPERS INC.
COM
154647 101
321
4,600
X
4,600
D
CENTURA BANKS, INC.
COM
15640T 100
2,563
41,000
X
41,000
D
CENTURY TEL TELEPHNE
COM
156686 107
6,099
132,950
X
132,950
D
CERVEJARIA BRAHMA PF
PFD
211779 3
846
1,367,800
X
1,367,800
D
CHAMPION ENTERPRISES INC.
COM
158496 109
626
21,300
X
21,300
D
CHANCELOR MEDIA CORP
COM
158915 108
6,316
127,200
X
127,200
D
CHARTER ONE FINANCIAL, INC.
COM
160903 100
3,691
109,560
X
109,560
D
CHASE MANHATTAN CORP NEW COM
COM
16161A 108
6,795
90,000
X
90,000
D
CHECKPOINT SYSTEMS, INC.
COM
162825 103
1,324
93,721
X
93,721
D
CHEUNG KONG HOLDINGS
COM
619027 3
1,603
326,000
X
326,000
D
CHEVRON
COM
166751 107
8,688
104,600
X
104,600
D
CHILDREN'S PLACE
COM
168905 107
515
52,500
X
52,500
D
CHIREX INC.
COM
170038 103
1,063
60,500
X
60,500
D
CIA TELECOM CHILE RIGHTS
COM
204449 110
1
1,657
X
1,657
D
CIE FIN RICHEMT UT A
COM
473821 1
615
470
X
470
D
CIENA CORP
COM
171779 101
557
8,000
X
8,000
D
CINAR FILMS INC. CL B
COM
171905 300
3,686
189,000
X
189,000
D
CINCINNATI BELL, INC.
COM
171870 108
5,319
185,800
X
185,800
D
CINERGY CORP.
COM
172474 108
1,050
30,000
X
30,000
D
CISCO SYSTEMS
COM
17275R 102
19,761
214,650
X
214,650
D
CISCO SYSTEMS
COM
17275R 10
7,006
76,100
X
76,100
D
CITICORP
COM
173034 109
7,433
49,800
X
49,800
D
CITICORP
COM
173034 10
1,934
12,960
X
12,960
D
CLEAR CHANNEL COMMUNICATIONS
COM
184502 102
1,462
13,400
X
13,400
D
CMS ENERGY CORP
COM
125896 100
2,750
62,500
X
62,500
D
COASTAL CORPORATION
COM
190441 105
2,848
40,800
X
40,800
D
COCA-COLA COMPANY
COM
191216 10
3,582
41,900
X
41,900
D
COCA COLA
COM
191216 100
9,063
106,000
X
106,000
D
COCA COLA FEMSA SA L
COM
214189 9
545
311,800
X
311,800
D
COLUMBIA ENERGY GROUP
COM
197648 108
868
15,600
X
15,600
D
COLUMBIA HEATLHCARE GROUP
COM
197677 107
2,931
100,650
X
100,650
D
COLUMBUS MCKINNON
COM
199333 105
1,383
53,200
X
53,200
D
COMCAST CORP SPL CLA
COM
200300 200
4,465
110,000
X
110,000
D
COMDISCO
COM
200336 105
4,028
212,000
X
212,000
D
COMMERCIAL FEDERAL CORP.
COM
201647 104
2,432
76,900
X
76,900
D
COMMONWEALTH TELEPHONE
COM
203349 105
2,168
82,200
X
82,200
D
COMPANIA DE TELECOMMUNICACIONE
COM
204449 300
532
26,200
X
26,200
D
COMPAQ COMPUTERS CORP.
COM
204493 100
7,539
265,700
X
265,700
D
COMPASS GROUP
COM
028801 1
2,226
193,600
X
193,600
D
COMPUSA, INC.
COM
204932 107
903
50,000
X
50,000
D
COMPUTER SCIENCE
COM
205363 104
1,920
30,000
X
30,000
D
COMPUWARE CORP.
COM
205638 109
818
16,000
X
16,000
D
CONDOR TECHNOLOGY SOLS.
COM
206772 105
1,842
124,900
X
124,900
D
CONECTIV, INC.
COM
206829 103
1,464
71,400
X
71,400
D
CONECTIV, INC. - CLASS A
COM
206829 202
394
10,875
X
10,875
D
CONSECO
COM
208464 107
7,240
154,858
X
154,858
D
CONSOLIDATED EDISON INC COM
COM
209115 104
2,750
59,700
X
59,700
D
CONSOLIDATED PAPER INC.
COM
209759 109
142
5,200
X
5,200
D
CONSOLIDATED STORES CORP.
COM
210149 100
337
9,300
X
9,300
D
COOKSON GROUP
COM
050840 7
253
73,730
X
73,730
D
CORN PRODUCTS INT'L
COM
219023 108
2,192
64,700
X
64,700
D
CORNING INC.
COM
219350 105
1,929
55,500
X
55,500
D
COSTCO COMPANIES INC.
COM
22160Q 102
6,098
96,700
X
96,700
D
COVANCE INC
COM
222816 100
1,465
65,100
X
65,100
D
COX COMM INC. 6% 6/1/99
PFD
590188 777
2,809
70,000
X
70,000
D
COX COMMUNICATION
COM
224044 107
1,618
33,400
X
33,400
D
CRANE
COM
224399 105
146
3,000
X
3,000
D
CREDIT SUISSE GP
COM
424561 4
2,370
10,650
X
10,650
D
CROMPTON & KNOWLES CORP.
COM
227111 101
756
30,000
X
30,000
D
CSC HOLDINGS INC 11.125% PIK
PFD
126304 401
14,557
126,304
X
126,304
D
CSR LIMITED
COM
623864 5
1,139
394,804
X
394,804
D
CVS CORP
COM
126650 100
6,561
168,500
X
168,500
D
CVS CORPORATION
COM
126650 10
2,541
65,250
X
65,250
D
DAI NIPPON PRINTING#7912
COM
625090 6
1,005
63,000
X
63,000
D
DAIWA SECURITIES
COM
625144 8
1,235
287,000
X
287,000
D
DALLAS SEMICONDUCTOR
COM
235204 10
518
16,700
X
16,700
D
DAMES & MOORE GROUP
COM
235713 109
399
31,000
X
31,000
D
DAY INTL 12 1/4% (144A)
PFD
239536 204
509
500
X
500
D
DAYTON HUDSON CORP
COM
239753 106
1,746
36,000
X
36,000
D
DELL COMPUTER CORP.
COM
247025 109
2,320
25,000
X
25,000
D
DELTA AIRLINES
COM
247361 108
3,787
29,300
X
29,300
D
DEXTER CORPORATION
COM
252165 105
795
25,000
X
25,000
D
DIAGEO PLC
COM
023740 0
2,977
251,324
X
251,324
D
DIAMOND OFFSHORE
COM
25271C 102
520
13,000
X
13,000
D
DIME BANCORP
COM
25429Q 102
1,512
50,500
X
50,500
D
DISNEY WALT CO
COM
254687 106
2,551
24,280
X
24,280
D
DOLE FOOD COMPANY
COM
256605 106
298
6,000
X
6,000
D
DOMINION RESOURCES INC.
COM
257470 104
1,300
31,900
X
31,900
D
DONALDSON CO.
COM
257651 109
591
25,000
X
25,000
D
DOVER DOWNS ENTERTAINMENT, INC
COM
260086 103
233
7,500
X
7,500
D
DOW CHEMICAL
COM
260543 103
3,133
32,400
X
32,400
D
DQE INC.
COM
23329J 104
2,756
76,550
X
76,550
D
DRESDNER BANK
COM
435587 0
3,466
64,300
X
64,300
D
DST SYSTEMS
COM
233326 107
1,081
19,300
X
19,300
D
DTE ENERGY CO
COM
233331 107
808
20,000
X
20,000
D
DUKE ENERGY CORP
COM
264399 106
3,703
62,500
X
62,500
D
DUKE ENERGY CORP
COM
264399 10
1,967
33,200
X
33,200
D
DURA PHARMACEUTICALS
COM
26632S 109
2,618
117,000
X
117,000
D
E S G RE LTD.
COM
G31215109
1,081
50,000
X
50,000
D
E SPIRE COMMUNICATIONS
COM
269153 110
2,015
13,000
X
13,000
D
E.I. DUPONT DE NEMOURS
COM
263534 109
12,806
171,600
X
171,600
D
EAGLE HARDWARE & GARDEN
COM
26959B 101
1,822
78,800
X
78,800
D
EARTHGRAINS COMPANY
COM
270319 106
2,922
52,300
X
52,300
D
EASTERN ENVIRONMENTAL
COM
276369 105
1,394
41,000
X
41,000
D
ECHOSTAR 12.125% PIK
PFD
278762 406
5,981
5,304
X
5,304
D
ECHOSTAR COMMUNICATIONS CL A
COM
278762 109
698
28,999
X
28,999
D
ECI TELECOM ADR*
COM
268258 100
3,789
100,038
X
100,038
D
ECOLAB INC
COM
278865 100
1,860
60,000
X
60,000
D
EISAI CO LTD
COM
630720 0
926
68,000
X
68,000
D
EL PASO NATURAL GAS
COM
283695 872
2,043
53,400
X
53,400
D
ELAN CORPORATION PLC
COM
284131 208
206
3,200
X
3,200
D
EMC CORPORATION
COM
268648 102
13,498
301,200
X
301,200
D
EMERSON ELECTRIC
COM
291011 104
2,035
33,700
X
33,700
D
EMMIS BROADCASTING CL A
COM
291525 103
2,166
45,300
X
45,300
D
ENDESA
COM
527178 2
1,541
70,300
X
70,300
D
ENDESA S.A
COM
29258N 107
1,034
47,800
X
47,800
D
ENDESA SA (ADR)
COM
29258N 107
1,326
61,300
X
61,300
D
ENERGEN CORPORATION
COM
29265N 108
503
25,000
X
25,000
D
ENERGY EAST CORPORATION
COM
29266M 109
833
20,000
X
20,000
D
ENOVA CORPORATION
COM
293552 105
0
0
X
0
D
ENRON CORP. COMMONSTOCK
COM
293561 106
12,910
238,800
X
238,800
D
ENSCO INTERNATIONAL INC
COM
26874Q 100
1,738
100,000
X
100,000
D
ENVOY
COM
293982 104
1,895
40,000
X
40,000
D
EPIX MEDICAL, INC.
COM
26881Q 101
231
22,500
X
22,500
D
ERICSSON TEL B FREE ADR
COM
294821 400
286
10,000
X
10,000
D
ESTEE LAUDER COMPANIES-CL A
COM
518439 104
4,488
64,400
X
64,400
D
ETEC SYSTEMS, INC.
COM
26922C 103
1,816
51,600
X
51,600
D
ETHAN ALLEN INTERIOR
COM
297602 104
3,536
70,800
X
70,800
D
EVI WEATHERFORD, INC.
COM
26926D 107
1,348
36,300
X
36,300
D
EW SCRIPPS CO.
COM
811054 204
5,262
96,000
X
96,000
D
EXCEL REALTY TRUST, INC.
COM
30067R 107
2,073
71,949
X
71,949
D
EXODUS COMM CORP.
COM
302088 109
1,231
27,500
X
27,500
D
EXXON CORP
COM
302290 101
19,005
266,500
X
266,500
D
EXXON CORP.
COM
302290 101
4,115
57,700
X
57,700
D
FANNIE MAE
COM
313586 109
13,242
217,980
X
217,980
D
FANNIE MAE
COM
313586 109
3,742
61,600
X
61,600
D
FDX CORP
COM
31304N 107
1,255
20,000
X
20,000
D
FEDERAL HOME LOAN MORTGAGE CO.
COM
313400 301
5,252
111,600
X
111,600
D
FEDERAL MOGUL
COM
313549 107
2,363
35,000
X
35,000
D
FEDERATED DEPT. STORES
COM
31410H 101
4,854
90,200
X
90,200
D
FIFTH THIRD BANCORP
COM
316773 100
3,925
62,300
X
62,300
D
FIRST CHICAGO NBD BNCRP.
COM
31945A 100
2,038
23,000
X
23,000
D
FIRST DATA CORP
COM
319963 10
1,250
37,525
X
37,525
D
FIRST DATA CORP NSP
COM
319963 104
11,696
351,100
X
351,100
D
FIRST TENNESSEE NATIONAL
COM
337162 101
1,578
50,000
X
50,000
D
FIRST UNION CORP
COM
337358 105
14,766
253,500
X
253,500
D
FLORIDA PROGRESS
COM
341109 106
3,150
76,600
X
76,600
D
FLOWERS INDUSTRIES
COM
343496 105
307
15,000
X
15,000
D
FLUOR CORP
COM
343861 100
255
5,000
X
5,000
D
FONTIER INS GRP INC
COM
359081 106
745
33,000
X
33,000
D
FORE SYSTEMS INC
COM
345449 102
5,584
210,700
X
210,700
D
FORENINGSSPARBANKEN AB
COM
484652 3
966
32,100
X
32,100
D
FORT JAMES CORP
COM
347471 104
7,027
157,900
X
157,900
D
FOSSIL INC.
COM
349882 100
1,127
45,300
X
45,300
D
FOUNDATION HEALTH SYSTEMS
COM
350404 109
211
8,000
X
8,000
D
FOUR MEDIA COMPANY
COM
350872 107
2,376
271,494
X
271,494
D
FPL GROUP
COM
302571 104
9,724
154,350
X
154,350
D
FRED MEYER, INC.
COM
592907 109
544
12,800
X
12,800
D
FREDS INC.
COM
356108 100
1,275
50,000
X
50,000
D
FRNKLN RES
COM
354613 101
497
9,200
X
9,200
D
FRONTIER
COM
35906P 105
315
10,000
X
10,000
D
FUJI MACHINE
COM
635659 2
1,220
46,000
X
46,000
D
FUJI PHOTO FILM COMPANY
COM
635652 5
1,636
47,000
X
47,000
D
G&K SERVICES INC
COM
361268 10
1,134
26,000
X
26,000
D
GANNETT CO
COM
364730 10
3,553
50,000
X
50,000
D
GANNETT INC. COMMON STOCK
COM
364730 101
9,409
132,400
X
132,400
D
GAP INC
COM
364760 108
6,310
102,400
X
102,400
D
GAYLORD CONT CS CLASS A
COM
368145 108
180
23,455
X
23,455
D
GAYLORD CONTAINER CORPORATION
COM
368145 108
1,128
146,700
X
146,700
D
GENERAL ELECTRIC CO.
COM
369604 103
6,470
71,100
X
71,100
D
GENERAL MILLS
COM
370334 104
13,907
203,400
X
203,400
D
GENERAL MTRS CORP CL H NEW
COM
370442 832
471
10,000
X
10,000
D
GENERAL PUBLIC UTILITIES 00
COM
36225X 100
1,928
51,000
X
51,000
D
GENETECH INC
COM
368710 208
3,394
50,000
X
50,000
D
GENRL ELEC
COM
369604 103
34,980
384,400
X
384,400
D
GENZYME
COM
372917 104
1,043
40,800
X
40,800
D
GETTY IMAGES INC.
COM
374276 103
111
5,000
X
5,000
D
GILEAD SCIENCES
COM
375558 103
2,725
85,000
X
85,000
D
GILLETTE CO
COM
375766 102
2,979
52,560
X
52,560
D
GILLETTE COMPANY
COM
375766 102
1,304
23,000
X
23,000
D
GLEASON CORP.
COM
377339 106
3,111
110,600
X
110,600
D
GLOBAL TECH APPLIANCES
COM
G39320109
2,452
170,600
X
170,600
D
GOLDEN WEST FINANCIAL
COM
381317 106
3,721
35,000
X
35,000
D
GOLDRIVER LIQ TR CONTRA
COM
381450 9A5
8
8,250
X
8,250
D
GOODMAN FIELDER LTD
COM
633654 9
1
618
X
618
D
GOODYEAR TIRE/RUBBER
COM
382550 101
644
10,000
X
10,000
D
GRAINGER (WW) INC
COM
384802 104
2,102
42,200
X
42,200
D
GREAT UNIVSL STORES
COM
038470 4
1,853
140,600
X
140,600
D
GREENPOINT FINANCIAL
COM
395384 100
2,280
60,600
X
60,600
D
GROUP TELEVISA SA
COM
238010 8
1,444
76,700
X
76,700
D
GTE CORP.
COM
362320 103
12,004
215,800
X
215,800
D
GUIDANT CORP.
COM
401698 105
2,375
33,300
X
33,300
D
GULF STS ST ACQUI WT4/1/03
COM
402548 119
0
1,000
X
1,000
D
HALLIBURTON
COM
406216 101
285
6,400
X
6,400
D
HARSCO
COM
415864 107
344
7,500
X
7,500
D
HARTE-HANKS
COM
416196 103
361
14,000
X
14,000
D
HAWAIIAN ELECTRIC INDUSTRIES
COM
419870 100
397
10,000
X
10,000
D
HBO & CO
COM
404100 109
3,525
100,000
X
100,000
D
HEALTH CARE AND RETIREMENT
COM
421937 103
1,457
36,950
X
36,950
D
HEALTH MANAGEMENT ASSOCIATES,
COM
421933 102
3,023
90,400
X
90,400
D
HEALTH SYSTEMS DESIGN CORP.
COM
421964 107
746
104,200
X
104,200
D
HEALTHCARE FINANCIAL
COM
42219W 108
3,157
51,489
X
51,489
D
HEALTHSOUTH 3.25% 4/01/03
SDC
421924 AE1
2,996
3,000
X
0
D
HEALTHSOUTH REHABILITATION
COM
421924 101
2,818
105,600
X
105,600
D
HENKEL NON VTG PREF
PFD
507670 5
2,456
24,700
X
24,700
D
HERTZ CORP A
COM
428040 10
1,669
37,675
X
37,675
D
HERTZ CORP CLASS A
COM
428040 109
4,405
99,400
X
99,400
D
HEWLETT-PACKARD
COM
428236 103
1,114
18,600
X
18,600
D
HEWLETT-PACKARD CO.
COM
428236 103
3,420
57,120
X
57,120
D
HEXCEL CORPORATION
COM
428291 108
158
7,000
X
7,000
D
HIBBETT SPORTING GOODS
COM
428565 105
200
5,000
X
5,000
D
HILTON HOTELS CORP
COM
432848 109
2,417
84,800
X
84,800
D
HOECHST AG
COM
507037 6
2,318
46,430
X
46,430
D
HOLDERBANK FIN GL BR
COM
442049 9
3,779
2,970
X
2,970
D
HOME DEPOT
COM
437076 102
7,214
86,850
X
86,850
D
HOME DEPOT 3.25% 10/01
SDC
437076 AE2
2,988
1,600
X
0
D
HOME DEPOT INC.
COM
437076 10
3,800
45,750
X
45,750
D
HORHBACH HLDG PREF
PFD
469381 5
1,951
21,280
X
21,280
D
HOST MARRIOTT CORP
COM
441078 102
2,725
153,000
X
153,000
D
HOUSTON INDUSTRIES INC.
COM
442161 105
6,397
207,200
X
207,200
D
HSBC HOLDINGS PLC
COM
040049 5
3,506
144,700
X
144,700
D
HUSSMAN INTERNATIONAL
COM
448110 106
98
5,300
X
5,300
D
I D T CORP.
COM
448947 101
301
10,000
X
10,000
D
ICG COMMUNICATIONS
COM
449246 107
2,559
70,000
X
70,000
D
IDEXX LABS INC.
COM
45168D 104
4,507
181,200
X
181,200
D
ILLINOIS TOOL WORKS INC
COM
452308 109
4,135
62,000
X
62,000
D
IMPATH INC
COM
45255G 101
486
20,000
X
20,000
D
IMPERIAL CREDIT IND., INC.
COM
452729 106
3,316
141,100
X
141,100
D
INFORMATION MANAGEMENT
COM
45675E 108
2,766
81,800
X
81,800
D
ING GROEP NV
COM
505887 7
5,581
85,240
X
85,240
D
INGERSOLL RAND CORP
COM
456866 102
5,576
126,550
X
126,550
D
INNKEEPERS USA TRUST
COM
4576J0 104
2,045
162,000
X
162,000
D
INTEL CORP
COM
458140 10
2,213
29,850
X
29,850
D
INTEL CORP.
COM
458140 100
11,429
154,190
X
154,190
D
INTERFACE, INC.
COM
458665 106
1,009
50,000
X
50,000
D
INTERMEDIA COMMUNICATIONS
COM
458801 107
2,432
58,000
X
58,000
D
INTERNATIONAL PAPER
COM
460146 103
2,890
67,200
X
67,200
D
INTERNATIONAL SPECIALITY PRODU
COM
460334 105
63
3,400
X
3,400
D
INT'L BUSINESS MACHINES
COM
459200 101
14,891
129,700
X
129,700
D
INTL COMFORT PRODUCTS
COM
458978 103
1,468
121,100
X
121,100
D
IONICS INC
COM
462218 10
664
18,000
X
18,000
D
ITEQ, INC.
COM
450430 103
749
100,700
X
100,700
D
IXC COMMUNICATIONS, INC.
COM
450713 102
3,203
66,039
X
66,039
D
J. BAKER, INC.
COM
057232 100
405
35,000
X
35,000
D
JEFFERSON-PILOT
COM
475070 108
3,737
64,500
X
64,500
D
JEFFERSON SMURF GBP
COM
081914 3
1,780
590,920
X
590,920
D
JLG INDUSTRIES INC.
COM
466210 101
549
27,100
X
27,100
D
JOHNSON & JOHNSON
COM
478160 104
12,147
164,700
X
164,700
D
JOHNSON & JOHNSON
COM
478160 104
4,016
54,450
X
54,450
D
JOHNSON CONTROLS
COM
478366 107
229
4,000
X
4,000
D
JONES APPAREL GROUP, INC.
COM
480074 103
439
12,000
X
12,000
D
JONES INTERCABLE
COM
480206 200
2,010
80,400
X
80,400
D
JONES PHARMA, INC.
COM
480212 109
3,819
115,300
X
115,300
D
JUSCO
COM
648004 8
2,164
118,000
X
118,000
D
JUST FOR FEET
COM
48213P 106
1,579
55,400
X
55,400
D
K & G MEN'S CENTER, INC.
COM
482245 107
339
15,000
X
15,000
D
KANSAS CITY POWER & LIGHT
COM
485134 100
290
10,000
X
10,000
D
KARSTADT AG
COM
448410 5
4,034
8,350
X
8,350
D
KELLWOOD CO.
COM
488044 108
726
20,300
X
20,300
D
KENSEY NASH CO.
COM
490057 106
1,131
119,080
X
119,080
D
KERR-MCGEE
COM
492386 107
1,001
17,300
X
17,300
D
KIMBERLY-CLARK
COM
494368 103
3,009
65,600
X
65,600
D
KIMBERLY CLARK CORP
COM
494368 103
1,471
32,075
X
32,075
D
KIMBERLY CLARK MEXICAN "A"
COM
249191 4
1,017
293,000
X
293,000
D
KIMCO REALTY CORP
COM
49446R 109
3,022
73,700
X
73,700
D
KN ENERGY
COM
482620 101
1,734
32,000
X
32,000
D
KNIGHT-RIDDER
COM
499040 103
3,607
65,500
X
65,500
D
KOHLS CORP
COM
500255 104
249
4,800
X
4,800
D
KONINKLIJKE KPN NV
COM
549080 0
1,228
31,900
X
31,900
D
LAKEHEAD PIPE LINE L P
COM
511557 100
255
5,300
X
5,300
D
LAMAR ADVERTISING CO
COM
512815 101
538
15,000
X
15,000
D
LANDRY'S SEAFOOD
COM
51508L 10
362
20,000
X
20,000
D
LEAR CORPORATION
COM
521865 105
6,681
130,200
X
130,200
D
LIFE TECH., INC.
COM
532177 201
784
25,000
X
25,000
D
LILLY INDUSTRIES, INC.
COM
532491 107
1,098
50,756
X
50,756
D
LINC CAPITAL
COM
501942 106
1,254
70,900
X
70,900
D
LITTLEFUSE INC
COM
537008 10
783
31,000
X
31,000
D
LOCKHEED MARTIN
COM
539830 109
1,567
14,800
X
14,800
D
LORAL SPACE & COMMUNICATIONS
COM
G56462107
125
4,420
X
4,420
D
LOUISANA-PACIFIC CORP
COM
546347 105
1,636
89,667
X
89,667
D
LUCENT TECH INC
COM
549463 107
10,229
122,968
X
122,968
D
LUCENT TECHNOLOGIES, INC.
COM
549463 107
3,047
36,624
X
36,624
D
LYCOS, INC.
COM
550818 108
754
10,000
X
10,000
D
MABUCHI MOTOR
COM
655103 0
1,623
25,600
X
25,600
D
MAINE PUBLIC SERVICE CO.
COM
560483 109
83
5,800
X
5,800
D
MAN AG
COM
439830 3
4,531
11,650
X
11,650
D
MANHATTAN ASSOCIATES INC.
COM
562750 109
52
2,500
X
2,500
D
MANNESMANN AG
COM
546095 5
4,621
45,550
X
45,550
D
MANUFACTURED HOME COMMUNITIE
COM
564682 102
2,427
100,600
X
100,600
D
MARK IV IND
COM
570387 100
281
13,000
X
13,000
D
MARKETSPAN CORP.
COM
57061V 107
141
4,700
X
4,700
D
MARKS& SPENCER PLC
COM
056540 2
1,018
111,800
X
111,800
D
MARSH & MCLENNAN
COM
571748 102
6,754
111,750
X
111,750
D
MASCO
COM
574599 106
5,403
89,300
X
89,300
D
MATSUMOTOKIYOSHI
COM
657258 1
1,210
34,400
X
34,400
D
MATSUSHITA ELEC INDL
COM
657270 7
1,478
92,000
X
92,000
D
MATTEL
COM
577081 102
4,231
100,000
X
100,000
D
MC CORMICK & CO
COM
579780 206
286
8,000
X
8,000
D
MCCAW INTL LDT
COM
579472 119
28
5,500
X
5,500
D
MCDONALDS CORP
COM
580135 101
7,190
104,200
X
104,200
D
MCDONALD'S CORP
COM
580135 101
4,668
67,650
X
67,650
D
MCGRAW HILL INC
COM
580645 109
4,078
50,000
X
50,000
D
MCI COMMUNICATIONS
COM
552673 105
2,325
40,000
X
40,000
D
MCI COMMUNICATIONS
COM
552673 105
2,819
48,500
X
48,500
D
MCN ENERGY GROUP INC.
COM
55267J 100
2,189
88,000
X
88,000
D
MDU RESOURCES GROUP, INC.
COM
552690 109
1,820
51,000
X
51,000
D
MEADOWBROOK INS. GROUP
COM
58319P 108
136
5,000
X
5,000
D
MEDALLION FINANCIAL CORP.
COM
583928 106
688
25,000
X
25,000
D
MEDICIS PHARM CORP.
COM
584690 309
3,285
90,000
X
90,000
D
MEDTRONICS
COM
585055 106
4,781
75,000
X
75,000
D
MERCANTILE BANCORP
COM
587342 106
3,544
70,357
X
70,357
D
MERCANTILE BANKSHRS
COM
587405 10
696
20,000
X
20,000
D
MERCK & COMPANY*
COM
589331 107
16,772
125,400
X
125,400
D
MERRILL LYNCH & CO.
COM
590188 108
6,374
69,100
X
69,100
D
MESABA HOLDINGS INC.
COM
59066B 102
414
18,000
X
18,000
D
METROMEDIA INTL GROUP INC
COM
591695 101
2,414
202,201
X
202,201
D
METSA SERLA 'B'
COM
507143 2
2,018
208,920
X
208,920
D
MICHELIN (CDGE) CLASS B
COM
458836 4
2,032
35,200
X
35,200
D
MICROSOFT 2.196% 12/15/99
PFD
594918 20
2,850
30,000
X
30,000
D
MICROSOFT CORP
COM
594918 10
4,384
40,450
X
40,450
D
MICROSOFT CORP.*
COM
594918 104
15,563
143,600
X
143,600
D
MIDAMERICAN ENERGY HOLDINGS
COM
595920 109
216
10,000
X
10,000
D
MINERALS TECH INC
COM
603158 10
1,058
20,800
X
20,800
D
MINNESOTA MINING & MFG
COM
604059 105
6,181
75,200
X
75,200
D
MIRAGE RESORTS
COM
60462E 104
853
40,000
X
40,000
D
MIRAGE RESORTS
COM
60462E 10
919
43,100
X
43,100
D
MOBIL
COM
607059 102
6,107
79,700
X
79,700
D
MONSANTO COMPANY
COM
611662 107
3,313
59,300
X
59,300
D
MONTANA POWER CO
COM
612085 100
695
20,000
X
20,000
D
MORGAN STANLEY DEAN WITTER
COM
617446 448
5,061
55,385
X
55,385
D
MOTOROLA, INC
COM
620076 109
1,262
24,000
X
24,000
D
MURPHY OIL CORP
COM
626717 102
507
10,000
X
10,000
D
MYLAN LABORATORIES INC.
COM
628530 107
3,619
120,388
X
120,388
D
NABISCO HOLDINGS CORP A
COM
629526 10
1,722
47,750
X
47,750
D
NABORS INDUSTRIES, INC.
COM
629568 106
1,983
100,100
X
100,100
D
NATIONAL DATA CORP
COM
635621 105
2,234
51,063
X
51,063
D
NATIONSBANK
COM
638585 109
5,347
69,900
X
69,900
D
NCO GROUP, INC.
COM
628858 102
1,210
55,000
X
55,000
D
NESTLE AG
COM
461669 6
4,458
2,083
X
2,083
D
NETWORK APPLIANCE, INC.
COM
64120L 104
2,048
52,600
X
52,600
D
NEVADA POWER COMPANY
COM
641423 108
258
10,000
X
10,000
D
NEW CENTURY ENERGIES INC
COM
64352U 103
3,190
70,200
X
70,200
D
NEW JERSEY RESOURCES
COM
646025 106
1,367
38,300
X
38,300
D
NEW YORK TIMES
COM
650111 107
6,816
86,000
X
86,000
D
NEWELL COS
COM
651192 106
274
5,500
X
5,500
D
NEWPARK RESOURCES, INC.
COM
651718 504
2,201
197,860
X
197,860
D
NEWS CORP LTD
COM
688692 5
3,928
481,240
X
481,240
D
NEWSEDGE CORP.
COM
65249Q 106
198
20,000
X
20,000
D
NGC CORPORATION
COM
629121 104
194
15,500
X
15,500
D
NICOR
COM
654086 107
626
15,600
X
15,600
D
NIPPON TEL & TEL
COM
664137 3
2,221
268
X
268
D
NIPSCO INDUSTRIES
COM
629140 104
2,260
80,700
X
80,700
D
NOKIA AB A
COM
544449 8
713
9,700
X
9,700
D
NOKIA CORP ADR A
COM
654902 20
3,788
52,200
X
52,200
D
NORDBANKEN HOLDING AB
COM
538003 1
4,185
570,540
X
570,540
D
NORDSON CORP
COM
655663 102
376
8,000
X
8,000
D
NORDSTROM INC
COM
655664 100
4,581
59,300
X
59,300
D
NORTHERN STATES POWER COMPANY
COM
665772 109
1,740
60,800
X
60,800
D
NORTHERN TELECOM
COM
665815 106
2,667
47,000
X
47,000
D
NORTHWEST NATURAL GAS
COM
667655 104
56
2,000
X
2,000
D
NORWEST CORP.
COM
669380 107
7,441
199,100
X
199,100
D
NOVACARE, INC.
COM
669930 109
229
19,500
X
19,500
D
NOVARTIS AG BR
COM
504784 2
1,687
1,013
X
1,013
D
NOVO NORDISK AS
COM
515465 6
2,485
18,030
X
18,030
D
NUCO2 INC.
COM
629428 103
103
10,000
X
10,000
D
OAKWOOD HOMES CORP.
COM
674098 108
3,126
104,210
X
104,210
D
OCCIDENTAL PETROLEUM CORP
COM
674599 105
165
6,100
X
6,100
D
OFFICEMAX, INC.
COM
67622M 108
2,464
149,312
X
149,312
D
OGDEN
COM
676346 109
5,895
212,900
X
212,900
D
OGE ENERGY CORP.
COM
670837 103
3,586
132,800
X
132,800
D
OMNICOM GRP
COM
681919 106
4,299
86,200
X
86,200
D
ONEOK
COM
682680 103
1,475
37,000
X
37,000
D
ORYX ENERGY
COM
68763F 100
177
8,000
X
8,000
D
OUTBACK STEAKHOUSE
COM
689899 102
3,900
100,000
X
100,000
D
OVERSEAS UN BK FRGN
COM
666405 7
1,399
639,000
X
639,000
D
P R I AUTOMATION INC.
COM
69357H 106
1,280
75,000
X
75,000
D
PACIFIC ENTERPRISE
COM
694232 109
0
0
X
0
D
PACIFIC TEL 7.56% 1/31/26
PFD
694887 209
251
10,000
X
10,000
D
PACIFIC TELESIS 8.5% 2026
PFD
694889 205
259
10,000
X
10,000
D
PAIRGAIN TECHNOLOGIES
COM
695934 109
5,146
295,138
X
295,138
D
PEDIATRIC SERVICES OF AMERICA
COM
705323 103
957
61,722
X
61,722
D
PEOPLES HERITAGE
COM
711147 108
1,418
60,000
X
60,000
D
PEOPLESOFT INC
COM
712713 10
1,222
26,000
X
26,000
D
PEOPLESOFT INC
COM
712713 10
2,186
46,500
X
46,500
D
PEPSICO
COM
713448 108
1,610
39,100
X
39,100
D
PERKIN-ELMER
COM
714041 100
883
14,200
X
14,200
D
PETCO ANIMAL SUPPLIES, INC.
COM
716016 100
518
26,000
X
26,000
D
PETROL BRASIL PREF
PFD
268453 2
996
5,358,400
X
5,358,400
D
PETSMART, INC.
COM
716768 106
1,122
112,249
X
112,249
D
PFIZER INC.,
COM
717081 10
2,261
20,800
X
20,800
D
PFIZER*
COM
717081 103
12,390
114,000
X
114,000
D
PHARMACIA & UPJOHN
COM
716941 109
1,845
40,000
X
40,000
D
PHARMACIA & UPJOHN
COM
492833 5
2,169
47,130
X
47,130
D
PHARMACIA & UPJOHN INC
COM
716941 109
4,003
86,780
X
86,780
D
PHARMERICA INC.
COM
717135 107
2,783
230,700
X
230,700
D
PHELPS DODGE
COM
717265 102
2,059
36,000
X
36,000
D
PHILIP MORRIS
COM
718154 107
1,496
38,000
X
38,000
D
PHILIPS ELECTRS NV
COM
468520 9
5,271
62,700
X
62,700
D
PHILLIPS PETROLEUM
COM
718507 106
241
5,000
X
5,000
D
PIEDMONT NATURAL GAS
COM
720186 105
1,073
31,900
X
31,900
D
PILLOWTEX CORP.
COM
721501 104
1,003
25,000
X
25,000
D
PITNEY BOWES
COM
724479 100
2,406
50,000
X
50,000
D
PLATINUM TECHNOLOGY INC.
COM
72764T 101
2,285
80,000
X
80,000
D
POHANG IRON & STEEL ADR
COM
730450 10
368
30,700
X
30,700
D
POLICY MANAGEMENT
COM
731108 106
1,170
29,800
X
29,800
D
POLYGRAM NV
COM
469223 2
1,364
26,733
X
26,733
D
PORTUGAL TELECOM
COM
737273 102
529
10,000
X
10,000
D
POWERGEN PLC
COM
069782 2
2,619
189,127
X
189,127
D
POWERTEL INC WT
COM
73936C 117
46
5,600
X
5,600
D
POWERWAVE
COM
739363 109
1,022
61,000
X
61,000
D
PRE PAID LEGAL SERVICES
COM
740065 107
1,319
41,800
X
41,800
D
PRECISION DRILLING CORP.
COM
74022D 100
2,194
111,800
X
111,800
D
PRES RIVERBOAT WTS
COM
740848 999
0
17,660
X
17,660
D
PRIME HOSPITALITY CORP.
COM
741917 108
2,272
130,276
X
130,276
D
PROCTER AND GAMBLE
COM
742718 109
14,424
158,400
X
158,400
D
PROCTER AND GAMBLE
COM
742718 109
3,658
40,165
X
40,165
D
PROFFITT'S, INC.
COM
742925 100
1,631
40,400
X
40,400
D
PROVIDENT COMPANIES
COM
743862 104
176
5,100
X
5,100
D
PUBLIC SVC ENTRPRS. GRP.
COM
744573 106
344
10,000
X
10,000
D
QUESTAR CORP. COMMON
COM
748356 102
1,503
76,600
X
76,600
D
QUORUM HEALTH
COM
749084 109
1,723
65,000
X
65,000
D
QWST COMMUNICATION INTL
COM
749121 109
7,756
222,405
X
222,405
D
R & B FALCON CORP.
COM
74912E 101
1,758
77,700
X
77,700
D
R C N CORP.
COM
749361 101
775
40,000
X
40,000
D
RAMBUS INC.
COM
750917 106
2,751
45,000
X
45,000
D
RANBAXY LAB GDR
COM
472042 3
301
18,800
X
18,800
D
RAYCHEM CORP
COM
754603 108
296
10,000
X
10,000
D
RAYTHEON CO CL B
COM
755111 101
1,590
26,900
X
26,900
D
RECKITT & COLMAN PLC
COM
072787 1
2,985
156,379
X
156,379
D
REINSURANCE GROUP
COM
759351 10
946
16,000
X
16,000
D
RELIANCE GROUP
COM
759464 100
1,773
101,300
X
101,300
D
RELTEC CORP
COM
759527 104
239
5,300
X
5,300
D
REMEDY CORP.
COM
759548 100
1,709
100,500
X
100,500
D
REPUBLIC INDUSTRIES
COM
760516 104
365
14,600
X
14,600
D
RESOURCED BANCSHARES MTGS
COM
761197 102
1,961
105,288
X
105,288
D
REVLON INC.
COM
761525 500
3,745
72,900
X
72,900
D
REYNOLDS AND REYNOLDS
COM
761695 105
273
15,000
X
15,000
D
RHONE-POULENC SA SERIES "A"
COM
473681 7
1,825
32,361
X
32,361
D
RICHFOOD HOLDINGS, INC.
COM
763408 101
1,959
94,706
X
94,706
D
RITE AID
COM
767754 104
9,519
253,416
X
253,416
D
ROBINSON WORLD WIDE
COM
12541W 100
498
20,000
X
20,000
D
ROCK OF AGES
COM
772632 105
233
15,000
X
15,000
D
ROHM COMPANY
COM
674720 4
924
9,000
X
9,000
D
ROYAL BANK SCOTLAND
COM
075478 3
2,636
151,900
X
151,900
D
ROYAL CARIBBEAN CRUISES LTD.
COM
V7780T103
477
6,000
X
6,000
D
ROYAL CARIBBEAN PFD 7.25%
PFD
YY5016414
3,150
25,000
X
25,000
D
ROYAL DUTCH PETE NY
COM
780257 80
3,672
67,000
X
67,000
D
ROYAL DUTCH PETROLEUM CO
COM
780257 804
14,306
261,000
X
261,000
D
ROYAL GROUP TECH LTD
COM
779915 107
3,793
130,800
X
130,800
D
ROYAL SUN ALLIANCE PLC
COM
085963 3
2,404
235,627
X
235,627
D
RUBBERMAID
COM
781088 109
3,634
109,500
X
109,500
D
S.D. WARREN CO., INC. WARRANTS
COM
784091 118
750
150,000
X
150,000
D
S.D. WARREN PFD CONV 14%
PFD
784092 306
7,500
150,000
X
150,000
D
SAFEWAY, INC.
COM
786514 208
2,840
69,796
X
69,796
D
SAGA PETRO A FREE
COM
476802 5
1,087
70,720
X
70,720
D
SAINT GOBAIN
COM
476837 1
2,150
11,595
X
11,595
D
SAINT PAUL
COM
814823 100
3,113
74,000
X
74,000
D
SAKS HOLDING INC
COM
79377R 109
4,622
167,300
X
167,300
D
SANMINA CORPORATION
COM
800907 107
2,771
63,892
X
63,892
D
SANWA BANK
COM
677674 7
885
99,000
X
99,000
D
SAP AG
COM
484628 8
516
850
X
850
D
SAP PFD
PFD
484686 8
782
1,150
X
1,150
D
SARA LEE
COM
803111 103
10,086
180,300
X
180,300
D
SAVILLE SYSTEMS IRELAND-ADR
COM
805174 109
2,647
52,800
X
52,800
D
SBC COMMUNICATIONS
COM
78387G 103
17,300
432,500
X
432,500
D
SBC COMMUNICATIONS
COM
78387G 10
3,259
81,480
X
81,480
D
SCANA CORP.
COM
805898 103
2,564
86,000
X
86,000
D
SCHLUMBERGER
COM
806857 108
2,618
38,330
X
38,330
D
SCHLUMBERGER LTD.
COM
806857 108
6,285
92,000
X
92,000
D
SCHOLASTIC CORP
COM
807066 105
72
1,800
X
1,800
D
SCHULMAN (A) INC.NSP
COM
808194 104
772
39,473
X
39,473
D
SCIENTIFIC HLDGS CORP
COM
808747 109
18
800
X
800
D
SEAGATE TECHNOLOGY
COM
811804 103
2,584
108,500
X
108,500
D
SEAGULL ENERGY
COM
812007 102
472
28,500
X
28,500
D
SEARS ROEBUCK & COMPANY
COM
812387 108
3,664
60,000
X
60,000
D
SEC CAP PAC TRUST WTS
COM
81413P 113
0
1,276
X
1,276
D
SEMPRA ENERGY
COM
816851 109
3,681
132,633
X
132,633
D
SERVICE CP INTL
COM
817565 104
1,196
27,900
X
27,900
D
SERVICEMASTER CO
COM
81760N 109
495
13,000
X
13,000
D
SHARED MEDICAL SYSTEMS CORP
COM
819486 101
1,175
16,000
X
16,000
D
SIAM COMMERCIAL WARRANTS 12/31
COM
608665 1
0
7,300
X
7,300
D
SIEBE PLC
COM
080704 1
699
35,000
X
35,000
D
SIEMENS AG
COM
504773 4
1,683
27,660
X
27,660
D
SIERRA PACIFIC RESOURCES
COM
826425 100
1,935
53,300
X
53,300
D
SIMIONE CENTRAL HOLDINGS
COM
828654 202
681
100,000
X
100,000
D
SINCLAIR BROADCAST GROUP
COM
829226 109
2,300
80,000
X
80,000
D
SMITHKLINE BEECHAM
COM
013565 6
4,070
333,467
X
333,467
D
SNYDER OIL C/S
COM
833482 102
199
10,000
X
10,000
D
SOC NATL ELF AQUIT
COM
482408 0
4,514
32,110
X
32,110
D
SOCIETE GENERALE PARIS
COM
481775 6
5,107
24,565
X
24,565
D
SONAT INC. COMMON STOCK
COM
835415 100
1,093
28,300
X
28,300
D
SONY CORP.
COM
682150 6
2,635
30,600
X
30,600
D
SOUTHDOWN, INC.
COM
841297 104
1,813
25,400
X
25,400
D
SOUTHERN CO
COM
842587 107
1,872
67,600
X
67,600
D
SOUTHWEST AIRLINES
COM
844741 108
2,496
84,250
X
84,250
D
SOUTHWEST AIRLINES NSP
COM
844741 108
1,778
60,000
X
60,000
D
SPEEDWAY MOTORSPORTS
COM
847788 10
631
24,700
X
24,700
D
SPRINT
COM
852061 100
1,410
20,000
X
20,000
D
SQUARE CO. LTD.
COM
683693 1
35
1,300
X
1,300
D
ST JOHN KNITS, INC.
COM
790289 102
2,395
62,000
X
62,000
D
ST VOLVO AB B
COM
493773 9
1,757
59,010
X
59,010
D
STAFFMARK, INC.
COM
852389 105
1,930
52,700
X
52,700
D
STAGE STORES INC.
COM
85254C 107
2,738
60,500
X
60,500
D
STANDARD CHARTERED
COM
084037 0
1,494
131,500
X
131,500
D
STAPLES
COM
855030 102
1,048
36,200
X
36,200
D
STAR CHOICE COMMUNICATIONS
COM
854921 111
429
163,278
X
163,278
D
STAR TELECOMM INC.
COM
854923 109
451
20,175
X
20,175
D
STATE STREET CORP
COM
857477 103
1,063
15,300
X
15,300
D
STATE STREET CORP.
COM
857477 10
5,322
76,575
X
76,575
D
STEIN MART INC
COM
858375 10
432
32,000
X
32,000
D
STEINER LEISURE LTD.
COM
P8744Y102
2,382
78,750
X
78,750
D
STERLING COMMERCE, INC.
COM
859205 106
10,931
225,373
X
225,373
D
STERLING SOFTWARE
COM
859547 101
1,321
44,700
X
44,700
D
STOLT COMEX SEAWAY ADR
COM
861567 105
329
18,800
X
18,800
D
STOLT COMEX SEAWAY S A
COM
L8873E103
729
37,600
X
37,600
D
STORAGE USA INC
COM
861907 103
1,397
39,900
X
39,900
D
STRAYER EDUCATION INC.
COM
863236 105
0
0
X
0
D
SUNTERRA CORPORATION
COM
86787D 109
393
23,800
X
23,800
D
SYMBOL TECH.
COM
871508 107
491
13,000
X
13,000
D
SYNOPSYS, INC.*
COM
871607 107
2,837
62,000
X
62,000
D
SYSTEMS & COMPUTER TECHNOLOGY
COM
871873 10
486
18,000
X
18,000
D
T I G HOLDINGS
COM
872469 101
2,001
87,000
X
87,000
D
TAIWAN SEMICONDT ADR
COM
874039 10
287
17,000
X
17,000
D
TAKASHIMAYA CO LTD
COM
687040 1
1,462
194,000
X
194,000
D
TALBOTS INC
COM
874161 102
1,309
50,000
X
50,000
D
TCF FINANCIAL
COM
872275 102
2,369
80,300
X
80,300
D
TCSI CORPORAION
COM
87233R 106
1,500
255,300
X
255,300
D
TECH DATA CORP.
COM
878237 106
858
20,000
X
20,000
D
TEL SAVE HOLDINGS
COM
879176 105
1,991
135,000
X
135,000
D
TELE-COMM. LIBERTY MEDIA GR-A
COM
87924V 507
11,414
294,084
X
294,084
D
TELEBRAS PREF
PFD
287988 8
1,686
5,300,600
X
5,300,600
D
TELECOM CORP NZ ADR
COM
879278 208
1,176
35,900
X
35,900
D
TELECOM CORP NZ IR
COM
611015 2
197
92,000
X
92,000
D
TELECOM CORP NZ LTD
COM
688143 6
524
127,069
X
127,069
D
TELECOM ITALIA SPA
COM
529750 6
6,093
827,655
X
827,655
D
TELECOM SAOPAUL PFD RIGHTS
PFD
0
0
X
0
D
TELEF CHILE ADR
COM
221363 5
488
24,000
X
24,000
D
TELEF DE ESPANA ADR
COM
879382 20
2,940
21,144
X
21,144
D
TELEFON ARGN ADR
COM
879378 20
1,272
39,200
X
39,200
D
TELEFONICA DE ESPANA
COM
879382 208
2,670
19,200
X
19,200
D
TELEPORT COMMUNICATION
COM
879463 107
543
10,000
X
10,000
D
TELESP CELLULAR SA PREF B
PFD
224695 4
354
4,222,900
X
4,222,900
D
TELIGENT INC.
COM
87959Y 103
59
2,000
X
2,000
D
TELLABS, INC.
COM
879664 100
3,796
53,000
X
53,000
D
TELMEX ADR
COM
879403 780
505
10,500
X
10,500
D
TENET HEALTHCARE CORP.
COM
88033G 100
1,234
39,500
X
39,500
D
TENNECO, INC.
COM
88037E 101
84
2,200
X
2,200
D
TESORO PETE. CORP.
COM
881609 101
159
10,000
X
10,000
D
TETRA TECH INC
COM
88162G 10
728
30,000
X
30,000
D
TEXACO
COM
881694 103
3,283
55,000
X
55,000
D
TEXAS INSTRUMENTS INC.
COM
882508 104
840
14,400
X
14,400
D
TEXAS UTILITIES
COM
882848 104
3,501
84,100
X
84,100
D
TEXTRON
COM
883203 101
3,957
55,200
X
55,200
D
THAI FARMERS BANK FRN
COM
688879 4
80
91,000
X
91,000
D
THOMAS & BETTS CORP
COM
884315 102
197
4,000
X
4,000
D
TIME WARNER, INC.
COM
887315 109
7,818
91,500
X
91,500
D
TIME WRNR 10.25 PIK PFD 7/1/16
PFD
887315 836
6,629
5,939
X
5,939
D
TITAN INTERNATIONAL, INC.
COM
88830M 102
1,266
74,452
X
74,452
D
TNT POST GROUP NV
COM
548155 8
815
31,900
X
31,900
D
TOSCO
COM
891490 302
5,766
196,300
X
196,300
D
TOSHIBA CORP
COM
689721 7
788
193,000
X
193,000
D
TOTAL RENAL CARE HLDG INC.
COM
89151A 107
4,899
142,000
X
142,000
D
TOTAL SA
COM
490541 3
3,515
27,041
X
27,041
D
TOWER AUTOMOTIVE
COM
891707 101
1,286
30,000
X
30,000
D
TRACTOR SUPPLY COMPANY
COM
892356 106
746
30,000
X
30,000
D
TRANSPORTATION MARITIMA ADR
COM
893868 208
1,641
247,700
X
247,700
D
TRAVELERS GROUP INC
COM
894190 107
12,852
211,999
X
211,999
D
TRAVELERS GROUP INC
COM
894190 10
2,625
43,300
X
43,300
D
TRAVIS BOATS & MOTORS INC
COM
894363 100
2,362
96,400
X
96,400
D
TYCO INTERNATIONAL LTD
COM
902124 106
5,613
89,100
X
89,100
D
U S A NETWORKS INC.
COM
902984 103
2,513
100,000
X
100,000
D
U S RENTALS INC
COM
902966 100
986
25,000
X
25,000
D
U.S. BANCORP
COM
902973 106
7,774
180,800
X
180,800
D
UGI CORPORATION
COM
902681 105
1,112
44,700
X
44,700
D
ULTRAMAR DIAMOND SHAMROCK CORP
COM
904000 106
2,206
69,900
X
69,900
D
UNI-CHARM
COM
691148 5
778
21,000
X
21,000
D
UNICOM CORP.
COM
904911 104
1,578
45,000
X
45,000
D
UNIDANMARK A REGD
COM
491418 5
3,483
38,760
X
38,760
D
UNILEVER
COM
904784 501
5,620
71,200
X
71,200
D
UNILEVER NV CVA
COM
530974 6
4,721
59,500
X
59,500
D
UNION PACIFIC
COM
907818 108
530
12,000
X
12,000
D
UNITD TECH
COM
913017 109
6,087
65,800
X
65,800
D
UNITED HEALTHCARE CORP.
COM
910581 107
3,594
56,600
X
56,600
D
UNITED WATER RESOURCES INC.
COM
913190 104
1,516
84,200
X
84,200
D
UNIVERSAL CORP.
COM
913456 109
135
3,600
X
3,600
D
UNOCAL
COM
915289 102
2,703
75,600
X
75,600
D
US BANCORP
COM
902973 10
2,554
59,400
X
59,400
D
US OFFICE PRODUCTS CO.
COM
912325 107
544
27,885
X
27,885
D
US WEST INC.
COM
91273H 101
3,647
77,600
X
77,600
D
US XPRESS ENTERPRISE INC.
COM
90338N 103
1,039
62,000
X
62,000
D
USA WASTE SERVICES
COM
902917 103
7,525
152,400
X
152,400
D
USCI INC.
COM
90330N 101
0
0
X
0
D
UTILICORP UNITED, INC.
COM
918005 109
1,971
52,300
X
52,300
D
VALE DO RIO PREF B 0% 12/31/99
PFD
220015
0
28,000
X
28,000
D
VEBA AG
COM
494290 4
2,860
41,970
X
41,970
D
VERILINK CORP.
COM
923432 108
866
105,000
X
105,000
D
VERITAS DGC INC.
COM
92343P 107
2,769
55,450
X
55,450
D
VIATEL INC.
COM
925529 208
1,360
80,000
X
80,000
D
VIVENDI
COM
417592 6
5,447
25,510
X
25,510
D
VYSIS INC.
COM
928961 101
1,700
170,000
X
170,000
D
WACHOVIA CORPORATION
COM
929771 103
7,774
92,000
X
92,000
D
WAL-MART STORES
COM
931142 10
6,473
106,550
X
106,550
D
WAL-MART STORES
COM
931142 103
17,302
284,800
X
284,800
D
WALT DISNEY
COM
254687 106
8,993
85,600
X
85,600
D
WARNACO GROUP, INC.-CL A
COM
934390 105
382
9,000
X
9,000
D
WARNER-LAMBERT CO.
COM
934488 10
6,483
93,450
X
93,450
D
WARNER-LAMBERT COMPANY
COM
934488 107
13,570
195,600
X
195,600
D
WASHINGTON FEDERAL SVGS & LN A
COM
938824 109
1,241
44,910
X
44,910
D
WASHINGTON GAS & LIGHT CO.
COM
938837 101
1,022
38,200
X
38,200
D
WASHINGTON MUTUAL INC.
COM
939322 103
3,128
72,000
X
72,000
D
WASHINGTON POST CLASS "B"
COM
939640 108
230
400
X
400
D
WERNER ENTERPRISES
COM
950755 108
429
22,500
X
22,500
D
WEST MARINE INC
COM
954235 107
346
19,200
X
19,200
D
WESTCOAST ENERGY INC.
COM
95751D 102
971
43,500
X
43,500
D
WESTERN WIRELESS CORP.
COM
95988E 204
897
45,000
X
45,000
D
WESTFIELD AMERICA, INC.
COM
959910 100
3,598
195,800
X
195,800
D
WHITMAN CORP
COM
96647K 102
243
10,600
X
10,600
D
WILLAMETTE INDUSTRIES
COM
969133 107
128
4,000
X
4,000
D
WILLIAMS COMPANIES,INC
COM
969457 100
14,222
421,400
X
421,400
D
WILMINGTON TRUST CORPORATION
COM
971807 10
974
16,000
X
16,000
D
WIND RIVER
COM
973149 107
1,256
35,000
X
35,000
D
WISCONSIN ENERGY CO.
COM
976657 106
3,812
125,500
X
125,500
D
WMC LIMITED
COM
695498 5
932
309,556
X
309,556
D
WOLVERINE WORLD WIDE, INC.
COM
978097 103
3,865
178,200
X
178,200
D
WORLDCOM, INC.
COM
98155K 102
18,365
379,150
X
379,150
D
WPP GROUP PLC
COM
097404 2
2,121
323,700
X
323,700
D
XEROX
COM
984121 103
11,636
114,500
X
114,500
D
XILINX
COM
983919 101
5,732
168,600
X
168,600
D
YOUNG & RUBICAM INC.
COM
987425 105
320
10,000
X
10,000
D
ZENECA GROUP PLC
COM
098952 9
5,467
127,400
X
127,400
D
ZENECA INC
COM
98934D 106
6,836
155,814
X
155,814
GRAND TOTAL FOR FAIR MARKET V
ALUE
2,002,115
</TABLE>
