UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [x] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: First Hawaiian Bank
Address: 999 Bishop Street
3rd Floor
Honolulu, HI 96813
13F File Number:
The institutional investment manage 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: Derwin N. Kakugawa
Title: Asst Vice President
Phone: 808-525-8953
Derwin N. Kakugawa Honolulu, Hawaii July 8, 1999
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF
1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 418
Form 13F Information Table Value Total: 1,170,245
<PAGE>
<TABLE>
<C> <C>
INVESTMENT
MARKET DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/ SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL (A) (B) (C) MANAGERS (A) (B) (C)
THE WAIAU WAREHOUSE PARTNERS LP1652009 1,476 1 SH X X 1
JOINT VENTURE 33.35% INT
DAMON-PORTEUS LP (TRUST OWNS LP1653007 678 1 SH X X 1
99% OF PARTNERSHIP)
J L P ROBINSON LIMITED LP1677006 1,800 33,333 SH X 33,333
PARTNERSHIP
TOTTORI FAMILY PARTNERS LP LP1703000 304 1 SH X X 1
JAMES I & ERNEST K TOTTORI - 49%
MCNEIL REAL ESTATE FUND XXV, LP LP1738006 5 15,000 SH X X 15,000
TOPANGA VILLAS COMPANY LTD PTNSHP LP1746025 1,539 1 SH X X 1
18% INTEREST
BEVERLY UNION COMPANY LTD PTNSHP LP1746033 798 1 SH X X 1
7% INTEREST
MARINERS BAY LTD PTNSHP LP1746041 3,745 1 SH X X 1
22% INTEREST
AARP TAX FREE INCOME TR INSD 00036Q209 57 3,208 SH X 3,208
TAX-FREE GENL BD FD
AARP TAX FREE INCOME TR INSD 00036Q209 355 19,891 SH X X 19,891
TAX-FREE GENL BD FD
AES TR II CONV PFD SER 144A 5.5% 001034206 1,103 20,000 SH X 20,000
AES CORP COM 00130H105 11,979 203,900 SH X 175,250 19,150 9,500
AES CORP COM 00130H105 203 3,450 SH X X 2,050 1,400
AT&T CORP COM 001957109 19,852 356,893 SH X 305,611 26,150 25,132
AT&T CORP COM 001957109 1,790 32,188 SH X X 21,552 10,312 324
AT&T CORP LIBERTY MEDIA A COM 001957208 589 17,000 SH X 17,000
ABBOTT LABS INC COM 002824100 1,879 42,220 SH X 41,020 1,200
ABBOTT LABS INC COM 002824100 977 21,960 SH X X 4,900 17,060
ALBERTSONS INC COM 013104104 713 14,000 SH X 14,000
ALBERTSONS INC COM 013104104 51 1,000 SH X X 200 800
BRITISH STEEL PLC 0141147 549 267,000 SH X 267,000
ALEXANDER & BALDWIN INC COM 014482103 9,025 410,215 SH X 401,815 8,400
ALEXANDER & BALDWIN INC COM 014482103 42,848 1,947,659 SH X X 40,800 1,903,859 3,000
ALLIED SIGNAL INC COM 019512102 140 2,200 SH X 2,200
ALLIED SIGNAL INC COM 019512102 178 2,800 SH X X 520 2,280
----------
PAGE TOTAL 102,633
ALLIED WASTE INDS INC 019589308 349 17,600 SH X 17,600
COM NEW PAR$.01
ALLSTATE CORP COM 020002101 196 5,434 SH X 5,434
ALLSTATE CORP COM 020002101 201 5,582 SH X X 934 4,648
ALLTEL CORP COM 020039103 305 4,240 SH X 4,040 200
ALLTEL CORP COM 020039103 4 50 SH X X 50
ALOHA AIRGROUP INC SER B CUM 020460903 976 976 SH X 976
CONV PFD
ALOHA AIRGROUP, INC CL-A COM 020461X12 1,000 125,000 SH X X 125,000
ALOHA AIRGROUP INC COM CL B 020461992 2,576 696,150 SH X X 696,150
ALOHA AIRGROUP INC COM 020462909 173 70,324 SH X 70,324
ALOHA AIRGROUP INC 7% CONV PFD 020462982 1,053 1,000 SH X X 1,000
AMERICA ONLINE INC DEL COM 02364J104 9,604 90,600 SH X 87,350 150 3,100
AMERICA ONLINE INC DEL COM 02364J104 477 4,500 SH X X 3,350 1,150
AMERN EXPRESS CO COM 025816109 14,560 114,250 SH X 99,350 9,050 5,850
AMERN EXPRESS CO COM 025816109 599 4,700 SH X X 3,900 800
AMERN GEN CORP COM 026351106 8,794 119,550 SH X 113,200 400 5,950
AMERN GEN CORP COM 026351106 405 5,500 SH X X 4,650 850
AMERN HOME PRODS CORP COM 026609107 4,035 75,680 SH X 74,280 600 800
AMERN HOME PRODS CORP COM 026609107 1,013 19,000 SH X X 7,800 11,200
AMERN INTL GRP INC COM 026874107 15,893 130,605 SH X 109,307 11,706 9,592
AMERN INTL GRP INC COM 026874107 668 5,487 SH X X 4,787 700
ALLIED ZURICH PLC 25P 0287579 463 34,400 SH X 34,400
BRITISH AMERICAN TOBACCO PLC 25P 0287580 552 66,400 SH X 66,400
AMERUS LIFE HLDGS INC CONV 030734206 243 9,000 SH X 9,000
PFD 7.000% SER
AMERITECH CORP NEW COM 030954101 1,541 22,012 SH X 16,012 6,000
AMERITECH CORP NEW COM 030954101 696 9,940 SH X X 7,644 2,296
----------
PAGE TOTAL 66,376
ANHEUSER BUSCH COS INC COM 035229103 627 8,800 SH X 8,500 300
ANHEUSER BUSCH COS INC COM 035229103 135 1,900 SH X X 700 1,200
ANN GRUBB LTD COM 035612993 569 250 SH X 250
APPLIED MATERIALS INC COM 038222105 3,788 54,800 SH X 52,700 100 2,000
APPLIED MATERIALS INC COM 038222105 187 2,700 SH X X 2,100 600
ARGENTARIA CAJA POSTAL Y BANCO 04011W108 507 11,000 SH X 11,000
SPON ADR
SOUTH AFRICAN BREWERIES PLC COM 0483548 452 52,000 SH X 52,000
ATLANTIC RICHFIELD CO COM 048825103 216 2,600 SH X 2,500 100
ATLANTIC RICHFIELD CO COM 048825103 80 960 SH X X 960
AUTOMATIC DATA PROCESSING INC COM 053015103 7,810 177,761 SH X 171,461 1,100 5,200
AUTOMATIC DATA PROCESSING INC COM 053015103 356 8,100 SH X X 7,200 900
BP AMOCO SPON ADR 055622104 1,208 11,162 SH X 11,030 132
BP AMOCO SPON ADR 055622104 327 3,017 SH X X 1,604 1,413
MARKS & SPENCER ORD 25P 0565402 1,146 170,400 SH X 170,400
BANCO BRADESCO S A 059460105 525 109,000 SH X 109,000
SPONSORED ADR REPSTG PFD SHS
BANCWEST CORP COM 059790105 35,098 919,093 SH X 914,849 1,604 2,640
BANCWEST CORP COM 059790105 46,379 1,214,492 SH X X 44,052 1,157,640 12,800
BANK OF AMERICA CORP COM 060505104 6,271 85,906 SH X 84,106 150 1,650
BANK OF AMERICA CORP COM 060505104 807 11,056 SH X X 7,840 3,216
BANK NEW YORK INC COM 064057102 10,296 287,990 SH X 240,890 20,600 26,500
BANK NEW YORK INC COM 064057102 452 12,650 SH X X 10,450 2,200
ROYAL & SUN ALLIANCE INS GRP 27.5P 0661689 418 50,909 SH X 50,909
BARRICK GOLD CORP COM 067901108 377 20,400 SH X 20,400
BAXTER INTERNATIONAL INC COM 071813109 512 8,400 SH X 200 8,200
RECKITT & COLMAN PLC COM 0727871 509 42,700 SH X 42,700
----------
PAGE TOTAL 119,052
BELL ATLANTIC CORP COM 077853109 1,542 25,513 SH X 25,513
BELL ATLANTIC CORP COM 077853109 735 12,153 SH X X 10,871 1,282
BELLSOUTH CORP COM 079860102 9,851 221,365 SH X 189,115 18,600 13,650
BELLSOUTH CORP COM 079860102 2,180 48,982 SH X X 24,264 24,234 484
INVENSYS PLC 0807041 867 188,848 SH X 188,848
BESTFOODS COM 08658U101 99 2,000 SH X 2,000
BESTFOODS COM 08658U101 335 6,760 SH X X 3,400 3,360
BIOMET INC. COM 090613100 689 16,950 SH X 11,050 5,900
BISHOP STREET HIGH GRADE INCOME 091472100 22,066 2,270,148 SH X 2,220,130 50,018
FUND (612)
BISHOP STREET HIGH GRADE INCOME 091472100 245 25,162 SH X X 25,162
FUND (612)
BISHOP STREET HAWAII MUNICIPAL 091472209 10,555 1,018,808 SH X 888,660 9,755 120,392
BOND FUND INSTITUTIONAL CL A (968)
BISHOP STREET HAWAII MUNICIPAL 091472209 11,330 1,093,609 SH X X 637,261 456,347
BOND FUND INSTITUTIONAL CL A (968)
BREWER C HOMES INC CL A 107575102 32 115,000 SH X 115,000
BREWER C HOMES INC CL B 107575995 60 60,358 SH X 60,358
BRISTOL-MYERS SQUIBB CO COM 110122108 9,774 141,400 SH X 122,830 9,350 9,220
BRISTOL-MYERS SQUIBB CO COM 110122108 1,875 27,120 SH X X 10,000 17,120
CSX CORP COM 126408103 228 5,000 SH X 5,000
CVS CORP COM 126650100 8,233 158,325 SH X 138,025 13,850 6,450
CVS CORP COM 126650100 343 6,600 SH X X 5,700 900
CAMPBELL SOUP CO COM 134429109 48 1,100 SH X 1,100
CAMPBELL SOUP CO COM 134429109 157 3,600 SH X X 3,600
CARNIVAL CORP CL A COM FKA 143658102 9,402 196,395 SH X 170,095 16,500 9,800
CARNIVAL CRUISE LINES INC
CARNIVAL CORP CL A COM FKA 143658102 424 8,850 SH X X 7,950 900
CARNIVAL CRUISE LINES INC
CASTLE GROUP INC UTAH COM 148451107 24 13,000 SH X 13,000
CATERPILLAR INC COM 149123101 3,366 55,070 SH X 55,070
----------
PAGE TOTAL 94,460
CENDANT CORP COM 151313103 386 19,300 SH X 19,300
CENTRAIS ELETRICAS BRASILEIRAS S A 15234Q207 570 64,200 SH X 64,200
SPONSORED ADR REPSTG 50 COM
CHASE MANHATTAN CORP NEW COM 16161A108 11,271 136,414 SH X 120,614 9,900 5,900
CHASE MANHATTAN CORP NEW COM 16161A108 513 6,204 SH X X 5,304 900
CHEVRON CORP COM 166751107 4,799 51,218 SH X 51,218
CHEVRON CORP COM 166751107 6,991 74,618 SH X X 11,678 62,940
CISCO SYS INC COM 17275R102 32,702 523,232 SH X 442,706 47,524 33,002
CISCO SYS INC COM 17275R102 1,397 22,350 SH X X 18,300 4,050
CITIGROUP INC COM 172967101 8,895 193,100 SH X 160,095 16,912 16,093
CITIGROUP INC COM 172967101 448 9,724 SH X X 8,097 1,627
CLEAR CHANNEL COMMUNICATIONS COM 184502102 342 5,150 SH X 4,950 200
CLOROX CO COM 189054109 6,211 61,340 SH X 53,420 4,600 3,320
CLOROX CO COM 189054109 370 3,650 SH X X 2,350 1,300
COCA COLA CO COM 191216100 10,765 175,935 SH X 156,445 13,000 6,490
COCA COLA CO COM 191216100 1,437 23,492 SH X X 18,192 5,300
COLGATE PALMOLIVE CO COM 194162103 6,432 65,754 SH X 61,904 1,050 2,800
COLGATE PALMOLIVE CO COM 194162103 396 4,050 SH X X 1,600 2,450
COMCAST CORP CL A 200300101 6,975 193,750 SH X 186,100 350 7,300
COMCAST CORP CL A 200300101 326 9,050 SH X X 7,900 1,150
COMPANHIA CERVEJARIA BRAHMA 20440X103 511 47,000 SH X 47,000
ADR SPONS PFD
COMP ANON NAC TEL DE VEN 204421101 733 26,900 SH X 26,900
ADR SPONSORED
COMPAQ COMPUTERS CORP COM 204493100 200 8,550 SH X 8,250 300
COMPAQ COMPUTERS CORP COM 204493100 129 5,500 SH X X 500 5,000
COMPLETE MANAGEMENT INC COM 20452C104 2 35,000 SH X 35,000
COMPUWARE CORP COM 205638109 526 16,400 SH X 16,400
----------
PAGE TOTAL 103,327
CONSOLIDATED EDISON INC COM 209115104 110 2,375 SH X 2,275 100
CONSOLIDATED EDISON INC COM 209115104 340 7,351 SH X X 2,200 5,151
COSTCO COS INC COM 22160Q102 9,337 118,000 SH X 110,550 2,800 4,650
COSTCO COS INC COM 22160Q102 368 4,650 SH X X 3,800 850
DAYTON HUDSON CORP COM 239753106 11,459 166,820 SH X 147,320 12,600 6,900
DAYTON HUDSON CORP COM 239753106 443 6,450 SH X X 5,150 1,300
DELL COMPUTER CORP COM 247025109 7,150 194,900 SH X 168,850 15,000 11,050
DELL COMPUTER CORP COM 247025109 303 8,250 SH X X 7,300 950
DIAGEO PLC 25243Q205 817 19,000 SH X 19,000
ADR SPONSORED
DISC GRAPHICS INC COM 254590102 198 40,000 SH X 40,000
DISNEY WALT CO COM 254687106 202 6,700 SH X 6,700
DOLE FOOD INC COM 256605106 117 3,900 SH X 900 3,000
DOLE FOOD INC COM 256605106 493 16,410 SH X X 2,666 13,744
DLJDIRECT COM 257661504 216 8,000 SH X 7,800 200
DORCHESTER HUGOTON LTD 258205202 147 13,000 SH X 13,000
LIMITED PARTNERSHIP
DOW CHEM CO COM 260543103 388 3,022 SH X 3,022
DOW CHEM CO COM 260543103 39 300 SH X X 150 150
DU PONT E I DE NEMOURS & CO COM 263534109 7,013 103,222 SH X 88,622 11,200 3,400
DU PONT E I DE NEMOURS & CO COM 263534109 350 5,150 SH X X 2,700 650 1,800
DUKE PWR CO COM 264399106 195 3,482 SH X 3,482
DUKE PWR CO COM 264399106 33 580 SH X X 580
E M C CORP MASS COM 268648102 4,524 83,975 SH X 76,025 450 7,500
E M C CORP MASS COM 268648102 151 2,800 SH X X 2,800
EASTMAN KODAK CO COM 277461109 104 1,497 SH X 1,385 112
EASTMAN KODAK CO COM 277461109 162 2,335 SH X X 2,305 30
----------
PAGE TOTAL 44,659
EDISON INTL COM 281020107 121 4,300 SH X 4,300
EDISON INTL COM 281020107 232 8,230 SH X X 1,500 6,730
ELAN PLC ADR 284131208 8,643 308,000 SH X 260,200 33,500 14,300
ELAN PLC ADR 284131208 398 14,200 SH X X 12,500 1,700
ELF AQUITAINE SPONSORED ADR 286269105 922 12,800 SH X 12,800
(REPSTG .5 ORD SHARE)
EMERSON ELEC CO COM 291011104 356 5,560 SH X 5,260 300
ENRON CORP COM 293561106 3,479 42,850 SH X 41,350 900 600
ENRON CORP COM 293561106 80 986 SH X X 200 786
ERICSSON L M TEL CO ADR CL B 294821400 526 15,800 SH X 15,800
SEK 10
EXXON CORP COM 302290101 6,580 85,460 SH X 82,960 2,500
EXXON CORP COM 302290101 4,051 52,612 SH X X 10,300 37,896 4,416
FPL GROUP INC COM 302571104 484 8,700 SH X 8,700
FPL GROUP INC COM 302571104 39 700 SH X X 300 400
FHLMC VTG COM 313400301 395 6,900 SH X 100 6,800
FNMA COM 313586109 8,767 133,470 SH X 120,120 6,050 7,300
FNMA COM 313586109 384 5,850 SH X X 4,900 950
FIDELITY ADV GOVNMT INVESTMENT 315807800 1,237 132,459 SH X 110,961 21,497
FD CL I (697)
FIDELITY ADV GOVNMT INVESTMENT 315807800 119 12,734 SH X X 3,908 7,338 1,487
FD CL I (697)
FIDELITY ADV HIGH YIELD FD CL I 315807875 716 62,725 SH X 58,974 3,751
(644)
FIDELITY ADV HIGH YIELD FD CL I 315807875 50 4,379 SH X X 361 4,017
(644)
FIDELITY ADV INTERMEDIATE BD FD 315809103 251 24,104 SH X 22,692 1,411
CL I (87)
FIDELITY ADV INTERMEDIATE BD FD 315809103 33 3,183 SH X X 2,186 996
CL I (87)
FIFTH THIRD BANCORP COM 316773100 356 5,400 SH X 5,400
FIRST DATA CORP COM 319963104 802 16,400 SH X 16,400
FLEET FINL GROUP INC COM 338915101 6,249 142,625 SH X 136,775 200 5,650
----------
PAGE TOTAL 45,270
FLEET FINL GROUP INC COM 338915101 258 5,900 SH X X 5,900
FORD MTR CO DEL COM 345370100 479 8,950 SH X 8,950
FORD MTR CO DEL COM 345370100 2 38 SH X X 38
FORTUNE BRANDS INC COM 349631101 295 7,108 SH X 7,108
FORTUNE BRANDS INC COM 349631101 126 3,039 SH X X 2,000 1,039
FORTUNE NATURAL RESOURCES COM 349681106 3 10,104 SH X X 10,104
FRANKLIN CA TAX FREE INC FD INC 352518104 142 19,881 SH X 19,881
CL I
FRANKLIN FED TAX FREE INCOME FD 353519101 226 18,850 SH X 18,850
CL I
FRANKLIN MUN SECS TR HAWAII MUN 354025108 681 62,676 SH X 8,711 53,965
BD FD
GTE CORP COM 362320103 5,451 76,778 SH X 73,378 3,000 400
GTE CORP COM 362320103 2,804 39,499 SH X X 17,263 18,732 3,504
GALLAHER GROUP PLC 363595109 217 8,808 SH X 8,808
SPONSORED ADR
GALLAHER GROUP PLC 363595109 26 1,039 SH X X 1,039
SPONSORED ADR
GANNETT INC COM 364730101 4,408 60,700 SH X 60,700
GANNETT INC COM 364730101 9,226 127,036 SH X X 400 126,636
GAP INC COM 364760108 854 17,512 SH X 4,612 12,900
GEN DYNAMICS CORP COM 369550108 270 3,900 SH X 3,900
GEN ELEC CO COM 369604103 34,256 312,308 SH X 275,708 18,250 18,350
GEN ELEC CO COM 369604103 4,324 39,425 SH X X 22,250 13,975 3,200
GENERAL INSTR CORP DEL COM 370120107 770 18,500 SH X 18,500
GEN MLS INC COM 370334104 181 2,278 SH X 2,278
GEN MLS INC COM 370334104 66 830 SH X X 830
GEN MTRS CORP COM 370442105 162 2,528 SH X 2,528
GEN MTRS CORP COM 370442105 125 1,950 SH X X 300 950 700
GENERAL MTRS CORP CL H NEW COM 370442832 5,797 101,150 SH X 88,000 10,400 2,750
----------
PAGE TOTAL 71,149
GENERAL MTRS CORP CL H NEW COM 370442832 252 4,400 SH X X 3,700 700
GILLETTE CO COM 375766102 711 17,400 SH X 17,400
GILLETTE CO COM 375766102 283 6,920 SH X X 1,920 5,000
GROVE FARM CO INC COM 399578905 146 1,170 SH X 1,170
GROVE FARM CO INC COM 399578905 1,051 8,407 SH X X 6,354 2,053
GULF CDA RES LTD ORD 40218L305 100 25,000 SH X 25,000
GULFSTREAM AEROSPACE CORP NEW COM 402734107 225 3,300 SH X 3,300
HALLIBURTON CO COM 406216101 10,061 231,950 SH X 186,500 17,050 28,400
HALLIBURTON CO COM 406216101 449 10,350 SH X X 8,300 2,050
BAYERISCHE MOTOREN WERKE AG 4085229 769 1,120 SH X 1,120
HARTFORD FINL SVCS GROUP INC COM 416515104 60 1,032 SH X 1,032
HARTFORD FINL SVCS GROUP INC COM 416515104 233 4,000 SH X X 4,000
HAWAIIAN ELEC INDS INC COM 419870100 3,379 96,196 SH X 95,896 300
HAWAIIAN ELEC INDS INC COM 419870100 1,109 31,562 SH X X 9,317 21,977 268
HAWAIIAN TAX FREE TRUST 420016107 2,981 264,067 SH X 188,914 75,152
HAWAIIAN TAX FREE TRUST 420016107 1,149 101,758 SH X X 60,392 41,365
ALCATEL SA FRF40 4216825 1,105 9,000 SH X 9,000
HEINZ H J CO COM 423074103 6,815 138,551 SH X 132,901 400 5,250
HEINZ H J CO COM 423074103 325 6,600 SH X X 4,900 1,700
DEN DANSKE BANK DKK100 4262925 423 3,800 SH X 3,800
HILO CANDY CO INC COM 432805901 1,354 3,000 SH X 3,000
HILTON HOTELS CORP SUB NT CONV 432848AL3 637 700,000 SH X
DTD 05/14/96 5% 05/15/2006
HITACHI LTD ADR 433578507 1,949 21,000 SH X 21,000
HOME DEPOT INC COM 437076102 13,212 206,430 SH X 172,890 16,300 17,240
HOME DEPOT INC COM 437076102 451 7,050 SH X X 5,750 1,300
----------
PAGE TOTAL 49,229
HONOLULU DISPOSAL SERVICE INC COM 438569782 1,300 590 SH X X 590
ENI SPA (ENTE NAZIONALE IDROCARBURI) 4436399 717 113,000 SH X 113,000
HUTTON TEL TR 1ST TAX FREE 447900101 163 27,686 SH X 27,686
EXCHANGE SER
IMCO RECYCLING INC COM 449681105 210 12,000 SH X 12,000
INTEL CORP COM 458140100 9,961 168,115 SH X 147,565 12,150 8,400
INTEL CORP COM 458140100 780 13,160 SH X X 8,100 5,060
MICHELIN (CGDE) CL B EUR2 REG 4588364 725 16,200 SH X 16,200
INTL BUS MACHS CORP COM 459200101 12,212 97,988 SH X 82,480 7,408 8,100
INTL BUS MACHS CORP COM 459200101 1,458 11,698 SH X X 5,300 6,398
JARDINE MATHESON HLDGS LTD 471115303 523 107,200 SH X 107,200
SPONSORED ADR
JEFFERSON PILOT CORP COM 475070108 367 5,700 SH X 5,700
JOHNSON & JOHNSON COM 478160104 13,186 140,281 SH X 124,381 6,350 9,550
JOHNSON & JOHNSON COM 478160104 2,082 22,145 SH X X 9,850 12,295
KALAMA LAND CO LTD COM 483130902 57 1,526 SH X 1,526
KALAMA LAND CO LTD COM 483130902 636 17,056 SH X X 17,056
UNION ELECTRICA FENOSA SA 4913223 323 18,900 SH X 18,900
KERR MCGEE CORP SUB DEB CONV 492386AL1 282 284,000 SH X
7.50% DTD 05/17/1989 DUE 05/15/2014
KIMBERLY CLARK CORP COM 494368103 7,411 130,020 SH X 125,520 200 4,300
KIMBERLY CLARK CORP COM 494368103 441 7,730 SH X X 6,000 1,730
KINDER MORGAN EGY PTNS L P 494550106 576 15,500 SH X 15,500
UT LTD PT INT
KOREA ELEC PWR CO SPONSORED ADR 500631106 784 38,000 SH X 38,000
KROGER CO COM 501044101 10,518 381,600 SH X 348,800 700 32,100
KROGER CO COM 501044101 424 15,400 SH X X 13,400 2,000
BASF AG 5086577 618 17,000 SH X 17,000
DEUTSCHE TELEKOM AG AKT NO-PAR 5119387 1,413 35,100 SH X 35,100
----------
PAGE TOTAL 67,167
LILLY ELI & CO COM 532457108 20,395 299,922 SH X 241,922 26,650 31,350
LILLY ELI & CO COM 532457108 969 14,250 SH X X 9,700 4,550
LOCKHEED MARTIN CORP COM 539830109 6,060 163,223 SH X 150,033 5,200 7,990
LOCKHEED MARTIN CORP COM 539830109 220 5,914 SH X X 5,464 450
LORD ABBETT TAX FREE INCOME FD 543902704 91 18,316 SH X 18,316
INC HI SER
LORD ABBETT TAX FREE INCOME FD 543902704 183 36,919 SH X X 32,028 4,891
INC HI SER
LA PAC CORP COM 546347105 354 15,000 SH X 15,000
LA PAC CORP COM 546347105 22 938 SH X X 938
KONINKLIJKE KPN NV NLG 1 5490800 588 11,167 SH X 11,167
LUCENT TECHNOLOGIES INC COM 549463107 23,923 358,736 SH X 318,694 25,200 14,842
LUCENT TECHNOLOGIES INC COM 549463107 2,068 31,008 SH X X 20,968 10,040
MBNA CORP COM 55262L100 360 11,900 SH X 11,900
MCN CORP COM 55267J100 346 16,000 SH X 16,000
MCI WORLDCOM INC COM 55268B106 20,553 219,529 SH X 180,950 21,829 16,750
MCI WORLDCOM INC COM 55268B106 843 9,000 SH X X 7,300 1,700
MFS SER TR IV MUN BD FD CL A 552987505 113 10,775 SH X X 10,775
SWISSCOM AG-REG 5533976 871 2,200 SH X 2,200
MARSH & MCLENNAN COS INC COM 571748102 818 10,500 SH X 10,500
MARTIN MARIETTA MATLS INC COM 573284106 671 11,510 SH X 410 11,100
MCDONALDS CORP COM 580135101 1,965 47,418 SH X 36,018 11,400
MCDONALDS CORP COM 580135101 1,044 25,200 SH X X 10,000 15,200
MCGRAW-HILL COS INC COM FKA 580645109 671 12,700 SH X 12,700
MCGRAW HILL INC
MEAD CORP COM 582834107 25 600 SH X 600
MEAD CORP COM 582834107 279 6,664 SH X X 6,664
MEDIAONE GROUP INC COM 58440J104 19,541 259,461 SH X 226,311 19,100 14,050
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PAGE TOTAL 102,973
MEDIAONE GROUP INC COM 58440J104 1,086 14,421 SH X X 11,571 2,850
MERCK & CO INC COM 589331107 8,778 122,776 SH X 112,826 6,550 3,400
MERCK & CO INC COM 589331107 1,177 16,460 SH X X 12,660 3,800
MERRILL LYNCH MUNICIPAL BOND FD 590193108 171 21,954 SH X X 21,954
INSURED PORTFOLIO CL A
MICROSOFT CORP COM 594918104 34,957 397,235 SH X 343,385 36,200 17,650
MICROSOFT CORP COM 594918104 2,548 28,960 SH X X 16,750 12,210
MN MNG & MFG CO COM 604059105 1,019 11,700 SH X 11,200 300 200
MN MNG & MFG CO COM 604059105 187 2,150 SH X X 200 1,950
MIRAGE RESORTS INC COM 60462E104 3,036 181,250 SH X 172,850 750 7,650
MIRAGE RESORTS INC COM 60462E104 90 5,400 SH X X 5,400
MOBIL CORP COM 607059102 2,100 21,240 SH X 18,740 200 2,300
MOBIL CORP COM 607059102 480 4,850 SH X X 4,850
MONSANTO CO COM 611662107 6,302 160,570 SH X 139,870 13,250 7,450
MONSANTO CO COM 611662107 400 10,200 SH X X 6,900 3,300
MORGAN J P & CO INC COM 616880100 952 7,014 SH X 6,914 100
MORGAN J P & CO INC COM 616880100 94 696 SH X X 50 646
MORGAN STANLEY DEAN WITTER 617446448 323 3,410 SH X 3,410
DISCOVER & CO COM NEW
MORGAN STANLEY DEAN WITTER 617446448 222 2,348 SH X X 392 1,956
DISCOVER & CO COM NEW
CITIC PACIFIC LIMITED 6196152 360 206,000 SH X 206,000
DAIICHI PHARM CO LTD ORD 6250218 592 39,000 SH X 39,000
DE BEERS/CENTENARY LINKED UNITS 6259118 810 46,900 SH X 46,900
DEVELOPMENT BANK SINGAPORE F 6265513 958 132,000 SH X 132,000
NTL INC COM 629407107 374 4,100 SH X 4,100
HSBC HOLDING PLC 6436502 1,065 37,200 SH X 37,200
NEW ENGLAND FDS TR I MUNICIPAL 644036600 113 14,955 SH X X 14,955
INCOME FUND
----------
PAGE TOTAL 68,194
HUTCHISON WHAMPOA LTD 6448068 860 124,000 SH X 124,000
KOMATSU LTD 6496584 733 150,000 SH X 150,000
KYOCERA CORPORATION Y50 6499260 989 21,000 SH X 21,000
NEWMONT MNG CORP COM 651639106 249 13,000 SH X 13,000
NEWMONT MNG CORP COM 651639106 2 102 SH X X 102
NORFOLK SOUTHN CORP COM 655844108 277 9,150 SH X 9,150
NORFOLK SOUTHN CORP COM 655844108 80 2,625 SH X X 2,625
MATSUSHITA ELECTRIC INDUSTRIAL Y50 6572707 584 35,000 SH X 35,000
MITSUBISHI HEAVY INDS LTD 6597067 1,102 292,000 SH X 292,000
NIPPON MITSUBISHI OIL CORP 6641403 771 220,000 SH X 220,000
NORTHWEST PIPE COMPANY COM 667746101 219 13,000 SH X 13,000
OREGON STEEL MILLS INC COM 686079104 154 11,600 SH X 11,600
SWIRE PACIFIC LTD A 6867748 712 174,000 SH X 174,000
PECO ENERGY CO COM 693304107 747 17,407 SH X 17,407
PECO ENERGY CO COM 693304107 52 1,200 SH X X 1,200
PG&E CORP COM 69331C108 223 6,721 SH X 6,721
PG&E CORP COM 69331C108 90 2,710 SH X X 2,124 586
PACIFIC CENTY FINL CORP COM 694058108 17,512 846,504 SH X 840,844 3,000 2,660
PACIFIC CENTY FINL CORP COM 694058108 8,427 407,351 SH X X 200,294 128,917 78,140
PARAMETRIC TECHNOLOGY CORP COM 699173100 449 32,100 SH X 32,100
PATINA OIL & GAS CORP COM 703224105 125 20,000 SH X 20,000
PENNEY J C INC COM 708160106 327 6,800 SH X 6,800
PENNEY J C INC COM 708160106 39 800 SH X X 800
PEPSICO INC COM 713448108 213 5,600 SH X 5,600
PEPSICO INC COM 713448108 144 3,800 SH X X 800 3,000
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PAGE TOTAL 35,080
PETROLEO BRASILEIRO SA 71654V101 513 34,500 SH X 34,500
PETROBRAS SPONSORED ADR
PEUGEOT CITROEN S A SPONSORED 716825500 483 12,200 SH X 12,200
ADR
PFIZER INC COM 717081103 12,438 118,600 SH X 99,450 14,150 5,000
PFIZER INC COM 717081103 687 6,550 SH X X 5,550 1,000
PHILIP MORRIS COS INC COM 718154107 2,348 58,528 SH X 57,928 600
PHILIP MORRIS COS INC COM 718154107 947 23,600 SH X X 14,500 9,100
PROCTER & GAMBLE CO COM 742718109 9,659 112,150 SH X 97,490 9,550 5,110
PROCTER & GAMBLE CO COM 742718109 973 11,298 SH X X 5,150 2,500 3,648
PURICHLOR TECHNOLOGY LTD. COM 74625L103 0 28,000 SH X 28,000
QUAKER OATS CO COM 747402105 152 2,210 SH X 2,210
QUAKER OATS CO COM 747402105 83 1,206 SH X X 1,206
QUANTUM HEALTH RES INC SUB DEB 74763LAA3 341 400,000 SH X
CONV DTD 10/08/93 4.75%
QUANTUM CORP COM 747906105 370 15,100 SH X 15,100
QWEST COMMUNICATIONS INTL 749121109 5,094 154,950 SH X 148,200 250 6,500
INC COM
QWEST COMMUNICATIONS INTL 749121109 192 5,850 SH X X 4,750 1,100
INC COM
RANGE RESOURCES CORP COM 75281A109 112 16,000 SH X 16,000
REPSOL, S.A. SPONSORED ADR 76026T205 889 45,000 SH X 45,000
REYNOLDS METALS CO COM 761763101 615 10,462 SH X 1,062 9,400
ROYAL DUTCH PETE CO NY REGISTRY 780257804 6,018 101,240 SH X 93,790 4,600 2,850
SH PAR N GLDR 1.25
ROYAL DUTCH PETE CO NY REGISTRY 780257804 546 9,180 SH X X 4,200 4,980
SH PAR N GLDR 1.25
SBC COMMUNICATIONS INC COM 78387G103 790 14,494 SH X 14,494
SBC COMMUNICATIONS INC COM 78387G103 1,119 20,523 SH X X 14,316 6,207
SARA LEE CORP COM 803111103 2,285 99,344 SH X 99,344
SARA LEE CORP COM 803111103 585 25,440 SH X X 6,400 19,040
SCHERING PLOUGH CORP COM 806605101 19,190 386,205 SH X 328,605 40,600 17,000
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PAGE TOTAL 66,429
SCHERING PLOUGH CORP COM 806605101 1,811 36,444 SH X X 15,300 12,600 8,544
SCHLUMBERGER LTD COM 806857108 9,095 148,345 SH X 130,300 12,075 5,970
SCHLUMBERGER LTD COM 806857108 297 4,850 SH X X 3,800 1,050
SCHWAB CHARLES CORP NEW COM 808513105 9,917 99,050 SH X 94,950 350 3,750
SCHWAB CHARLES CORP NEW COM 808513105 461 4,600 SH X X 3,800 800
SEAIR CORP COM 811800903 421 11,750 SH X X 11,750
SEARS ROEBUCK & CO COM 812387108 114 2,540 SH X 2,540
SEARS ROEBUCK & CO COM 812387108 142 3,161 SH X X 654 2,507
SEMPRA ENERGY COM 816851109 60 2,619 SH X 2,619
SEMPRA ENERGY COM 816851109 154 6,754 SH X X 6,754
SERVICEMASTER CO COM 81760N109 283 15,550 SH X 15,550
THE SHAW ORGANISATION PTE LTD COM 8202859B2 0 96,000 SH X 96,000
SMITHKLINE BEECHAM PLC ADR 832378301 534 8,100 SH X 1,400 6,700
REPSTG ORD A
SOUTHERN CO COM 842587107 349 12,727 SH X 12,727
SOUTHERN CO COM 842587107 55 2,000 SH X X 800 1,200
SPORTS AUTHORITY INC COM 849176102 51 10,000 SH X 10,000
SPRINT CORP COM (FON GROUP) 852061100 925 16,800 SH X 15,600 400 800
SPRINT CORP COM (FON GROUP) 852061100 100 1,817 SH X X 1,817
SUN MICROSYSTEMS INC. COM 866810104 10,445 157,065 SH X 134,115 11,300 11,650
SUN MICROSYSTEMS INC. COM 866810104 565 8,500 SH X X 7,050 1,450
SUN HEALTHCARE GROUP INC COM 866933104 4 11,500 SH X 11,500
TELEFONOS DE MEXICO SA ADR SER L 879403780 730 9,400 SH X 9,400
TELEFONOS DE MEXICO SA ADR SER L 879403780 6 80 SH X X 80
TEXACO INC COM 881694103 726 11,884 SH X 8,384 3,500
TEXACO INC COM 881694103 121 1,984 SH X X 200 1,784
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PAGE TOTAL 37,366
TIME WARNER INC COM 887315109 11,810 172,250 SH X 143,400 10,100 18,750
TIME WARNER INC COM 887315109 466 6,800 SH X X 5,500 1,300
TOKIO MARINE & FIRE INS LTD ADR 889090403 1,178 20,800 SH X 20,800
NEW
TOTAL S A SPONSORED ADR 89151E109 8,696 135,350 SH X 130,300 250 4,800
TOTAL S A SPONSORED ADR 89151E109 405 6,300 SH X X 5,300 1,000
TRANSAMERICA CORP COM 893485102 469 6,200 SH X 6,200
TRANSAMERICA CORP COM 893485102 149 1,964 SH X X 1,964
TRANSWORLD HEALTHCARE INC COM 894081108 68 20,000 SH X 20,000
2001 RESOURCE INDS LTD COM 90210K102 0 21,200 SH X 21,200
TYCO INTL LTD NEW COM 902124106 15,153 163,375 SH X 135,173 12,100 16,102
TYCO INTL LTD NEW COM 902124106 598 6,450 SH X X 5,250 1,200
US BANCORP DEL COM 902973106 7,156 216,025 SH X 185,375 17,650 13,000
US BANCORP DEL COM 902973106 230 6,950 SH X X 5,550 1,400
UNILEVER N V - W/I COM 904784709 3,240 46,740 SH X 44,416 178 2,146
UNILEVER N V - W/I COM 904784709 352 5,075 SH X X 3,524 1,551
UNION PAC CORP COM 907818108 298 5,116 SH X 5,116
U S WEST INC NEW COM 91273H101 891 15,351 SH X 13,451 1,900
U S WEST INC NEW COM 91273H101 277 4,768 SH X X 3,758 1,010
UNITED TECHNOLOGIES CORP COM 913017109 3,468 50,312 SH X 43,912 2,500 3,900
UNITED TECHNOLOGIES CORP COM 913017109 407 5,900 SH X X 5,900
UNIVISION COMMUNICATIONS INC 914906102 5,911 96,700 SH X 84,350 9,750 2,600
CL A
UNIVISION COMMUNICATIONS INC 914906102 281 4,600 SH X X 4,000 600
CL A
UNOCAL CORP COM 915289102 220 5,600 SH X 5,600
VETERINARY CENTERS OF AMERICAN INC 925514101 137 10,000 SH X 10,000
COMMON
VITESSE SEMICONDUCTOR CORP COM 928497106 223 3,300 SH X 800 2,500
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PAGE TOTAL 62,083
VODAFONE GROUP PLC ADR 92857T107 643 3,266 SH X 1,866 1,400
VODAFONE GROUP PLC ADR 92857T107 617 3,130 SH X X 1,568 1,562
WAL MART STORES INC COM 931142103 7,796 166,525 SH X 162,375 200 3,950
WAL MART STORES INC COM 931142103 990 21,140 SH X X 15,000 6,140
WALGREEN CO COM 931422109 59 2,000 SH X 2,000
WALGREEN CO COM 931422109 260 8,800 SH X X 8,800
WARNER LAMBERT CO COM 934488107 10,650 158,665 SH X 140,185 11,800 6,680
WARNER LAMBERT CO COM 934488107 920 13,710 SH X X 5,250 3,060 5,400
WASTE MANAGEMENT INC COM 94106L109 656 11,815 SH X 3,815 8,000
WASTE MANAGEMENT INC COM 94106L109 93 1,667 SH X X 1,667
WEATHERFORD INTL INC COM 947074100 3,148 87,450 SH X 81,600 5,850
WEATHERFORD INTL INC COM 947074100 14 400 SH X X 400
WESTERN RES INC COM 959425109 225 8,300 SH X 8,300
WESTERN RES INC COM 959425109 95 3,500 SH X X 3,500
WILLIAMS COS INC COM 969457100 4,280 95,514 SH X 81,064 250 14,200
WILLIAMS COS INC COM 969457100 58 1,300 SH X X 1,300
XEROX CORP COM 984121103 4,004 70,950 SH X 63,350 4,500 3,100
XEROX CORP COM 984121103 290 5,140 SH X X 5,140
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PAGE TOTAL 34,798
FINAL TOTALS 1,170,245
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