UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: June 30, 1999
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: Financial Institutions Retirement Fund
Address: 108 Corporate Park Drive, Fl 4
White Plains, New York 10604-3805
13F File Number: 28-1622
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:
Name: Mr. Horace J. Caulkins
Title: Senior Vice-President and Chief Investment Officer
Phone: (914) 694-1300
Signature _________________________
Signed at: _________________________ on _________, 1999.
Report Type: 13F Holding Report
List of Other Managers Reporting for this Manager: NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES & EXCHANGE
COMMISSION OF 1934.
Page 1
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 394
Form 13F Information Table Value Total: $ 381,958,623.17
Page 2
FINANCIAL INSTITUTIONS RETIREMENT FUND June 30, 1999
(13F): CORE EQUITY AND IN HOUSE EQUITY ACCOUNTS
================================================================================
-ITEM 4- -ITEM 5- PRINCIPAL -ITEM 6- -ITEM
-ITEM 1- -ITE -ITEM 3- FAIRMKT VAL SHARES AMOUNT INV -ITEVOTING
NAME OF ISS TICKER CLAS CUSIP ($THOUSAND)(THOUSAND($THOUSAND)DISCR MGR AUTH
================================================================================
3COM CORP |COMS COM 885535104 240.19 9 465.13 SOLE ---- SOLE
A T & T CO|T COM 1957109 4,992.54 89 1,219.17 SOLE ---- SOLE
ABBOTT LAB|ABT COM 2824100 1,951.13 43 190.79 SOLE ---- SOLE
ADFORCE IN|ADFC COM 6867105 84.60 4 197.84 SOLE ---- SOLE
ADOLPH COO|RKY COM 217016104 495.00 10 499.98 SOLE ---- SOLE
ADVANCED M|AMD COM 7903107 270.94 15 439.28 SOLE ---- SOLE
AETNA INC |AET COM 8117103 626.06 7 420.00 SOLE ---- SOLE
AFFINITY T|AFFI COM 00826M103 131.25 75 167.80 SOLE ---- SOLE
AIR PRODUC|APD COM 9158106 402.50 10 133.15 SOLE ---- SOLE
ALARIS MED|ALRS COM 11637105 168.75 50 266.07 SOLE ---- SOLE
ALBERTO-CU|ACV A COM 13068200 254.80 11 154.00 SOLE ---- SOLE
ALBERTSONS|ABS COM 13104104 464.06 9 47.87 SOLE ---- SOLE
ALCAN ALUM|AL COM 13716105 351.31 11 103.57 SOLE ---- SOLE
ALCOA INC |AA COM 13817101 742.50 12 175.47 SOLE ---- SOLE
ALLIED SIG|ALD COM 19512102 1,071.00 17 125.25 SOLE ---- SOLE
ALLSTATE C|ALL COM 20002101 932.75 26 223.23 SOLE ---- SOLE
AMERADA HE|AHC COM 23551104 416.50 7 458.05 SOLE ---- SOLE
AMERICA ON|AOL COM 02364J104 2,310.00 21 1,852.94 SOLE ---- SOLE
AMERICA SV|ASGR COM 02364L109 381.25 25 273.93 SOLE ---- SOLE
AMERICAN E|AEP COM 25537101 338.06 9 249.24 SOLE ---- SOLE
AMERICAN E|AXP COM 25816109 1,691.63 13 256.75 SOLE ---- SOLE
AMERICAN G|AGC COM 26351106 603.00 8 138.31 SOLE ---- SOLE
AMERICAN G|AM COM 26375105 271.13 9 241.47 SOLE ---- SOLE
AMERICAN H|AHP COM 26609107 2,237.63 39 208.11 SOLE ---- SOLE
AMERICAN I|AIG COM 26874107 3,693.38 32 349.27 SOLE ---- SOLE
AMERITECH |AIT COM 30954101 2,425.50 33 190.89 SOLE ---- SOLE
AMGEN INC |AMGN COM 31162100 852.25 14 198.76 SOLE ---- SOLE
AMR CORP C|AMR COM 1765106 409.50 6 186.33 SOLE ---- SOLE
ANADARKO P|APC COM 32511107 368.13 10 383.10 SOLE ---- SOLE
ANALYTICAL|ANLT COM 32683302 199.00 8 209.77 SOLE ---- SOLE
ANHEUSER-B|BUD COM 35229103 1,064.06 15 39.69 SOLE ---- SOLE
APPLE COMP|AAPL COM 37833100 416.81 9 277.21 SOLE ---- SOLE
APPLIED MA|AMAT COM 38222105 886.50 12 379.89 SOLE ---- SOLE
ARTESYN TE|ATSN COM 43127109 332.81 15 49.31 SOLE ---- SOLE
ASHLAND IN|ASH COM 44204105 321.00 8 296.64 SOLE ---- SOLE
ASSOCIATED|AGRP A COM 45651106 1,172.25 18 347.13 SOLE ---- SOLE
ASSOCIATES|AFS COM 46008108 902.00 20 357.79 SOLE ---- SOLE
ATLANTIC R|ARC COM 48825103 835.63 10 355.34 SOLE ---- SOLE
AUTOMATIC |AUD COM 53015103 792.00 18 34.08 SOLE ---- SOLE
BAKER HUGH|BHI COM 57224107 301.50 9 266.41 SOLE ---- SOLE
BANK AMER |BAC COM 60505104 3,648.25 50 1,221.79 SOLE ---- SOLE
BANK OF NE|BK COM 64057102 807.13 22 374.19 SOLE ---- SOLE
BANK ONE C|ONE COM 06423A103 2,005.53 34 762.31 SOLE ---- SOLE
BANKBOSTON|BKB COM 06605R106 409.00 8 134.00 SOLE ---- SOLE
BARD C R I|BCR COM 67383109 669.38 14 618.76 SOLE ---- SOLE
BAXTER INT|BAX COM 71813109 545.63 9 85.26 SOLE ---- SOLE
BELL ATLAN|BEL COM 77853109 3,007.25 46 583.45 SOLE ---- SOLE
BELLSOUTH |BLS COM 79860102 2,583.00 56 395.37 SOLE ---- SOLE
BESTFOODS |BFO COM 08658U101 445.50 9 120.15 SOLE ---- SOLE
BETHLEHEM |BS COM 87509105 153.75 20 276.60 SOLE ---- SOLE
BIOCONTROL| COM 0905869A8 250.00 250 250.00 SOLE ---- SOLE
BLACK & DE|BDK COM 91797100 631.25 10 290.11 SOLE ---- SOLE
BOEING COM|BA COM 97023105 1,320.00 30 674.93 SOLE ---- SOLE
BORDERS GR|BGP COM 99709107 134.41 9 200.89 SOLE ---- SOLE
BOSTON SCI|BSX COM 101137107 307.56 7 299.67 SOLE ---- SOLE
BRIGGS & S|BGG COM 109043109 404.25 7 455.86 SOLE ---- SOLE
BRISTOL MY|BMY COM 110122108 4,085.38 58 237.58 SOLE ---- SOLE
BROWNING-F|BFI COM 115885105 516.00 12 206.58 SOLE ---- SOLE
BRUNSWICK |BC COM 117043109 362.38 13 180.20 SOLE ---- SOLE
BUILDING O|BOSS COM 120114103 269.95 19 395.01 SOLE ---- SOLE
BURLINGTON|BNI COM 12189T104 465.00 15 73.41 SOLE ---- SOLE
C3 INC N C|CTHR COM 22942P109 276.00 16 221.88 SOLE ---- SOLE
CAMPBELL S|CPB COM 134429109 649.25 14 172.27 SOLE ---- SOLE
CARDINAL H|CAH COM 14149Y108 320.63 5 324.05 SOLE ---- SOLE
CATERPILLA|CAT COM 149123101 660.00 11 150.47 SOLE ---- SOLE
CBS CORP |CBS COM 12490K107 914.81 21 323.00 SOLE ---- SOLE
CCA COS IN|RIPE COM 124863101 78.75 90 113.10 SOLE ---- SOLE
CENDANT CO|CD COM 151313103 143.50 7 145.67 SOLE ---- SOLE
CENTRAL & |CSR COM 152357109 257.13 11 94.88 SOLE ---- SOLE
CENTURYTEL|CTL COM 156700106 556.50 14 575.72 SOLE ---- SOLE
CHAMPION I|CHA COM 158525105 287.25 6 159.00 SOLE ---- SOLE
CHARLES SC|SCH COM 808513105 436.00 4 474.10 SOLE ---- SOLE
CHASE MANH|CMB COM 16161A108 2,162.50 25 444.49 SOLE ---- SOLE
CHEVRON CO|CHV COM 166751107 1,901.25 20 362.08 SOLE ---- SOLE
CHROMATICS|CCSI COM 171116304 453.75 55 226.87 SOLE ---- SOLE
CHUBB CORP|CB COM 171232101 417.00 6 95.33 SOLE ---- SOLE
CIGNA CORP|CI COM 125509109 623.00 7 426.01 SOLE ---- SOLE
CIRCUIT CI|CC COM 172737108 651.00 7 502.67 SOLE ---- SOLE
CISCO SYS |CSCO COM 17275R102 5,799.38 90 403.48 SOLE ---- SOLE
CITIGROUP |C COM 172967101 4,631.25 98 746.42 SOLE ---- SOLE
CLAIBORNE |LIZ COM 539320101 292.00 8 144.00 SOLE ---- SOLE
COCA COLA |KO COM 191216100 4,402.00 71 309.86 SOLE ---- SOLE
COLGATE PA|CL COM 194162103 886.50 9 197.52 SOLE ---- SOLE
COMCAST CO|CMCS K COM 200300200 538.13 14 567.84 SOLE ---- SOLE
COMPAQ COM|CPQ COM 204493100 1,206.95 51 482.29 SOLE ---- SOLE
COMPOSITEC|CTEK COM 204938104 186.01 75 183.13 SOLE ---- SOLE
COMPUTER A|CA COM 204912109 876.00 16 140.18 SOLE ---- SOLE
CONAGRA IN|CAG COM 205887102 372.75 14 220.73 SOLE ---- SOLE
CONSOLIDAT|ED COM 209115104 452.50 10 77.83 SOLE ---- SOLE
CONSOLIDAT|CNG COM 209615103 455.63 8 77.11 SOLE ---- SOLE
CONSTELLAT|CEG COM 210371100 370.31 13 156.44 SOLE ---- SOLE
COOPER IND|CBE COM 216669101 364.00 7 129.85 SOLE ---- SOLE
CORNING IN|GLW COM 219350105 701.25 10 59.28 SOLE ---- SOLE
COSTCO COS|COST COM 22160Q102 560.44 7 131.45 SOLE ---- SOLE
CRANE COMP|CR COM 224399105 424.41 14 63.00 SOLE ---- SOLE
CRESCENT O|COPI COM 22575M100 211.19 31 203.57 SOLE ---- SOLE
CRESTLINE |CLJ COM 226153104 168.13 10 161.06 SOLE ---- SOLE
CROWN CORK|CCK COM 228255105 199.50 7 126.51 SOLE ---- SOLE
CSX CORP C|CSX COM 126408103 317.63 7 69.34 SOLE ---- SOLE
CUMMINS EN|CUM COM 231021106 399.88 7 357.42 SOLE ---- SOLE
CURTIS INT|CURT COM 231461104 195.00 30 210.00 SOLE ---- SOLE
CVS CORP |CVS COM 126650100 558.25 11 53.63 SOLE ---- SOLE
CYBERCASH |CYCH COM 232462101 128.13 10 164.10 SOLE ---- SOLE
CYPRUS AMA|CYM COM 232809103 411.75 27 537.60 SOLE ---- SOLE
DANA CORPO|DCN COM 235811106 552.75 12 182.89 SOLE ---- SOLE
DATA BROAD|DBCC COM 237596101 126.75 12 188.28 SOLE ---- SOLE
DAYTON HUD|DH COM 239753106 845.00 13 169.44 SOLE ---- SOLE
DAYTON SUP|DSD COM 240028100 167.06 9 189.54 SOLE ---- SOLE
DEERE & CO|DE COM 244199105 313.50 8 152.82 SOLE ---- SOLE
DELL COMPU|DELL COM 247025109 2,331.00 63 1,017.59 SOLE ---- SOLE
DELPHI AUT|DPH COM 247126105 245.66 13 128.28 SOLE ---- SOLE
DELTA AIR |DAL COM 247361108 461.00 8 125.75 SOLE ---- SOLE
DELUXE COR|DLX COM 248019101 426.94 11 316.59 SOLE ---- SOLE
DIAMONDS T|DIA COM 252787106 109.38 1 109.26 SOLE ---- SOLE
DILLARD'S |DDS COM 254067101 351.25 10 258.75 SOLE ---- SOLE
DISNEY WAL|DIS COM 254687106 1,848.75 60 115.71 SOLE ---- SOLE
DOMINION R|D COM 257470104 476.44 11 173.78 SOLE ---- SOLE
DOW CHEMIC|DOW COM 260543103 888.13 7 134.61 SOLE ---- SOLE
DOW JONES |DJ COM 260561105 424.50 8 167.37 SOLE ---- SOLE
DREW INDS |DW COM 26168L205 203.16 17 206.31 SOLE ---- SOLE
DUKE ENERG|DUK COM 264399106 489.94 9 100.34 SOLE ---- SOLE
DUN & BRAD|DNB COM 26483B106 496.13 14 210.76 SOLE ---- SOLE
DYCOM INDU|DY COM 267475101 224.00 4 66.98 SOLE ---- SOLE
E I DU PON|DD COM 263534109 2,254.31 33 257.89 SOLE ---- SOLE
E M C CORP|EMC COM 268648102 1,100.00 20 302.23 SOLE ---- SOLE
EASTMAN CH|EMN COM 277432100 155.25 3 94.33 SOLE ---- SOLE
EASTMAN KO|EK COM 277461109 677.50 10 566.52 SOLE ---- SOLE
EATON CORP|ETN COM 278058102 368.00 4 34.76 SOLE ---- SOLE
eBAY |EBAY COM 278642103 211.93 1 193.66 SOLE ---- SOLE
EDISON INT|EIX COM 281020107 401.25 15 202.55 SOLE ---- SOLE
ELECTRONIC|EDS COM 285661104 396.38 7 349.69 SOLE ---- SOLE
ELI LILLY |LLY COM 532457108 2,292.00 32 284.87 SOLE ---- SOLE
EMERSON EL|EMR COM 291011104 692.31 11 73.34 SOLE ---- SOLE
EMULEX COR|EMLX COM 292475209 1,779.00 16 139.90 SOLE ---- SOLE
ENGELHARD |EC COM 292845104 316.75 14 91.26 SOLE ---- SOLE
ENRON CORP|ENE COM 293561106 817.50 10 139.06 SOLE ---- SOLE
ENTERGY CO|ETR COM 29364G103 437.50 14 349.70 SOLE ---- SOLE
ENVIRONMEN|EPTC COM 29406K104 932.00 117 274.14 SOLE ---- SOLE
ESYNCH COR|ESYN COM 297591109 70.00 20 52.12 SOLE ---- SOLE
EXXON CORP|XON COM 302290101 5,398.75 70 876.28 SOLE ---- SOLE
FANNIE MAE|FNM COM 313586109 2,115.75 31 152.41 SOLE ---- SOLE
FEDERATED |FD COM 31410H101 529.38 10 399.93 SOLE ---- SOLE
FIRST DATA|FDC COM 319963104 685.13 14 403.01 SOLE ---- SOLE
FIRST FED |FFSX COM 32020V100 48.13 5 50.00 SOLE ---- SOLE
FIRST FINA|FF COM 320228109 115.43 13 162.23 SOLE ---- SOLE
FIRST UNIO|FTU COM 337358105 1,366.63 29 375.24 SOLE ---- SOLE
FIRSTAR CO|FSR COM 33763V109 420.00 15 474.68 SOLE ---- SOLE
FIRSTENERG|FE COM 337932107 434.00 14 236.08 SOLE ---- SOLE
FLEET FINL|FLT COM 338915101 710.00 16 153.81 SOLE ---- SOLE
FLEETWOOD |FLE COM 339099103 237.94 9 176.42 SOLE ---- SOLE
FORD MOTOR|F COM 345370100 2,031.75 36 652.97 SOLE ---- SOLE
FORTUNE BR|FO COM 349631101 331.00 8 91.33 SOLE ---- SOLE
FOX ENTMT |FOX COM 35138T107 134.69 5 133.14 SOLE ---- SOLE
FPL GROUP |FPL COM 302571104 382.38 7 169.34 SOLE ---- SOLE
FREDDIE MA|FRE COM 313400301 1,218.00 21 226.80 SOLE ---- SOLE
FREEPORT-M|FCX COM 35671D857 125.56 7 181.62 SOLE ---- SOLE
GAINSCO IN|GNA COM 363127101 235.00 40 283.87 SOLE ---- SOLE
GANNETT CO|GCI COM 364730101 642.38 9 55.02 SOLE ---- SOLE
GAP INC |GPS COM 364760108 1,284.56 26 139.27 SOLE ---- SOLE
GENERAL DY|GD COM 369550108 688.75 10 58.93 SOLE ---- SOLE
GENERAL EL|GE COM 369604103 10,735.00 95 525.91 SOLE ---- SOLE
GENERAL MI|GIS COM 370334104 482.25 6 50.13 SOLE ---- SOLE
GENERAL MO|GM COM 370442105 1,254.00 19 645.43 SOLE ---- SOLE
GENESIS DI|PRTM COM 371935107 75.00 40 217.50 SOLE ---- SOLE
GENUINE PA|GPC COM 372460105 420.00 12 172.10 SOLE ---- SOLE
GEORGIA PA|GP COM 373298108 473.75 10 188.07 SOLE ---- SOLE
GILLETTE C|G COM 375766102 1,353.00 33 531.16 SOLE ---- SOLE
GLOBAL IMA|GISX COM 37934A100 63.88 4 65.91 SOLE ---- SOLE
GOLDEN WES|GDW COM 381317106 490.00 5 179.88 SOLE ---- SOLE
GREAT ATLA|GAP COM 390064103 219.78 7 154.08 SOLE ---- SOLE
GROUP SEVE|GSVN COM 399444108 22.75 91 257.44 SOLE ---- SOLE
GTE CORP |GTE COM 362320103 2,114.00 28 437.59 SOLE ---- SOLE
H & R BLOC|HRB COM 93671105 605.00 12 437.45 SOLE ---- SOLE
HALLIBURTO|HAL COM 406216101 633.50 14 178.21 SOLE ---- SOLE
HANOVER DI|HNV COM 410783104 201.25 70 192.05 SOLE ---- SOLE
HARRIS COR|HRS COM 413875105 352.69 9 153.82 SOLE ---- SOLE
HARTFORD F|HIG COM 416515104 466.50 8 136.38 SOLE ---- SOLE
HASBRO INC|HAS COM 418056107 460.97 17 113.99 SOLE ---- SOLE
HEINZ H J |HNZ COM 423074103 551.38 11 63.04 SOLE ---- SOLE
HERSHEY FO|HSY COM 427866108 356.25 6 90.93 SOLE ---- SOLE
HEWLETT PA|HWP COM 428236103 2,914.50 29 346.92 SOLE ---- SOLE
HIE INC |HDIE COM 40419W100 213.75 90 177.19 SOLE ---- SOLE
HOME DEPOT|HD COM 437076102 2,835.25 44 498.66 SOLE ---- SOLE
HOMESTAKE |HM COM 437614100 311.13 38 418.80 SOLE ---- SOLE
HOUSEHOLD |HI COM 441815107 435.80 9 82.80 SOLE ---- SOLE
IKON OFFIC|IKN COM 451713101 210.00 14 193.34 SOLE ---- SOLE
ILLINOIS T|ITW COM 452308109 654.00 8 47.21 SOLE ---- SOLE
IMS HEALTH|RX COM 449934108 500.00 16 75.55 SOLE ---- SOLE
INCO LTD C|N COM 453258402 396.00 22 424.95 SOLE ---- SOLE
INFERENCE |INFR COM 45662K109 106.25 25 198.85 SOLE ---- SOLE
INFORMATIX|IFXH COM 456777101 120.00 30 136.20 SOLE ---- SOLE
INFOSEEK C|SEEK COM 45678M107 95.88 2 84.44 SOLE ---- SOLE
INTEL CORP|INTC COM 458140100 5,712.00 96 450.63 SOLE ---- SOLE
INTERNATIO|IBM COM 459200101 6,979.50 54 1,247.42 SOLE ---- SOLE
INTERNATIO|IFF COM 459506101 308.00 7 172.63 SOLE ---- SOLE
INTERNATIO|IP COM 460146103 1,024.90 20 594.71 SOLE ---- SOLE
INTERNET C| COM 46059F992 100.00 0 100.00 SOLE ---- SOLE
J P MORGAN|JPM COM 616880100 702.50 5 77.98 SOLE ---- SOLE
JEFFERSON-|JP COM 475070108 546.05 8 56.07 SOLE ---- SOLE
JOHNSON CO|JCI COM 478366107 554.50 8 121.00 SOLE ---- SOLE
JOHNSON & |JNJ COM 478160104 3,822.00 39 281.08 SOLE ---- SOLE
JOSTENS IN|JOS COM 481088102 294.88 14 251.23 SOLE ---- SOLE
K MART COR|KM COM 482584109 462.00 28 420.84 SOLE ---- SOLE
KANSAS CIT|KSU COM 485170104 510.50 8 500.09 SOLE ---- SOLE
KAUFMAN & |KBH COM 486168107 164.18 7 0.00 SOLE ---- SOLE
KEYCORP NE|KEY COM 493267108 417.63 13 239.84 SOLE ---- SOLE
KIMBERLY-C|KMB COM 494368103 969.00 17 134.36 SOLE ---- SOLE
KNIGHT RID|KRI COM 499040103 385.44 7 40.50 SOLE ---- SOLE
KROGER COM|KR COM 501044101 558.75 20 142.28 SOLE ---- SOLE
L S I LOGI|LSI COM 502161102 645.75 14 401.29 SOLE ---- SOLE
LIFEPOINT |LPNT COM 53219L109 289.95 22 215.41 SOLE ---- SOLE
LIMITED IN|LTD COM 532716107 589.88 13 206.09 SOLE ---- SOLE
LINCOLN NA|LNC COM 534187109 523.13 10 46.59 SOLE ---- SOLE
LOCKHEED M|LMT COM 539830109 596.00 16 591.98 SOLE ---- SOLE
LOEWS CORP|LTR COM 540424108 633.00 8 537.02 SOLE ---- SOLE
LOUISIANA |LPX COM 546347105 167.13 7 136.68 SOLE ---- SOLE
LOWES COMP|LOW COM 548661107 566.88 10 161.93 SOLE ---- SOLE
LUCENT TEC|LU COM 549463107 5,260.13 78 507.78 SOLE ---- SOLE
MACROCHEM |MCHM COM 555903103 267.19 45 300.32 SOLE ---- SOLE
MALLINCKRO|MKG COM 561232109 363.75 10 230.22 SOLE ---- SOLE
MARSH & MC|MMC COM 571748102 567.66 8 155.20 SOLE ---- SOLE
MASCO CORP|MAS COM 574599106 462.00 16 82.13 SOLE ---- SOLE
MATTEL INC|MAT COM 577081102 261.25 10 44.25 SOLE ---- SOLE
MAY DEPART|MAY COM 577778103 429.19 11 85.45 SOLE ---- SOLE
MAYTAG COR|MYG COM 578592107 628.31 9 183.72 SOLE ---- SOLE
MBNA CORP |KRB COM 55262L100 689.06 23 90.49 SOLE ---- SOLE
MC DONALDS|MCD COM 580135101 1,645.00 40 188.55 SOLE ---- SOLE
MC GRAW-HI|MHP COM 580645109 647.25 12 78.68 SOLE ---- SOLE
MCI WORLDC|WCOM COM 55268B106 4,561.31 53 1,119.85 SOLE ---- SOLE
MEDIAONE G|UMG COM 58440J104 1,338.75 18 183.77 SOLE ---- SOLE
MEDTRONIC |MDT COM 585055106 1,090.25 14 270.60 SOLE ---- SOLE
MELLON BAN|MEL COM 585509102 582.00 16 69.52 SOLE ---- SOLE
MERCK & CO|MRK COM 589331107 5,080.13 69 416.51 SOLE ---- SOLE
MERRILL LY|MER COM 590188108 795.00 10 68.48 SOLE ---- SOLE
MICRON TEC|MU COM 595112103 324.00 8 429.27 SOLE ---- SOLE
MICROSOFT |MSFT COM 594918104 12,987.00 144 925.14 SOLE ---- SOLE
MIDCAP SPD|MDY COM 595635103 1,960.94 25 1,621.93 SOLE ---- SOLE
MILLIPORE |MIL COM 601073109 446.19 11 373.04 SOLE ---- SOLE
MINNESOTA |MMM COM 604059105 1,043.25 12 299.96 SOLE ---- SOLE
MOBIL CORP|MOB COM 607059102 2,271.25 23 603.61 SOLE ---- SOLE
MONSANTO C|MTC COM 611662107 712.13 18 100.42 SOLE ---- SOLE
MORGAN STA|MWD COM 617446448 1,744.63 17 545.20 SOLE ---- SOLE
MOTOROLA I|MOT COM 620076109 1,705.50 18 422.62 SOLE ---- SOLE
MUELLER IN|MLI COM 624756102 407.25 12 259.10 SOLE ---- SOLE
NACCO INDS|NC COM 629579103 367.50 5 388.99 SOLE ---- SOLE
NASDAQ GOL|QQQ COM 631100104 437.95 4 415.10 SOLE ---- SOLE
NATIONAL C|NCC COM 635405103 458.50 7 467.67 SOLE ---- SOLE
NATIONAL S|NSM COM 637640103 354.38 14 288.72 SOLE ---- SOLE
NAVARRE CO|NAVR COM 639208107 98.44 10 155.50 SOLE ---- SOLE
NAVISTAR I|NAV COM 63934E108 550.00 11 224.60 SOLE ---- SOLE
NCR CORP |NCR COM 62886E108 195.25 4 198.82 SOLE ---- SOLE
NETVALUE H|NETV COM 64120C104 219.84 35 167.65 SOLE ---- SOLE
NEW YORK T|NYT COM 650111107 368.13 10 179.15 SOLE ---- SOLE
NEWELL RUB|NWL COM 651229106 567.95 12 225.68 SOLE ---- SOLE
NIAGARA CO|NIAG COM 653349100 170.63 30 266.25 SOLE ---- SOLE
NIAGARA MO|NMK COM 653520106 562.19 35 512.29 SOLE ---- SOLE
NIKE INC C|NKE COM 654106103 443.63 7 190.63 SOLE ---- SOLE
NORTEL NET|NT COM 656569100 1,389.00 16 233.83 SOLE ---- SOLE
NORTHERN S|NSP COM 665772109 319.28 13 117.04 SOLE ---- SOLE
NOVELL INC|NOVL COM 670006105 556.50 21 447.13 SOLE ---- SOLE
NUCOR CORP|NUE COM 670346105 284.63 6 45.35 SOLE ---- SOLE
OCCIDENTAL|OXY COM 674599105 147.88 7 182.62 SOLE ---- SOLE
ONEITA IND|ONET Q COM 682655105 17.70 590 205.10 SOLE ---- SOLE
ONEOK INC |OKE COM 682680103 666.75 21 621.44 SOLE ---- SOLE
ORACLE COR|ORCL COM 68389X105 1,614.94 44 768.77 SOLE ---- SOLE
OTC S & P | COM S67138730 (543.94) (19) (699.18) SOLE ---- SOLE
OTC S & P | COM S67142190 375.81 20 1,662.50 SOLE ---- SOLE
PACIFICORP|PPW COM 695114108 183.75 10 202.05 SOLE ---- SOLE
PAGING NET|PAGE COM 695542100 154.00 32 238.31 SOLE ---- SOLE
PALL CORPO|PLL COM 696429307 465.94 21 438.17 SOLE ---- SOLE
PARK PL EN|PPE COM 700690100 47.80 5 54.38 SOLE ---- SOLE
PE CORP |CRA COM 69332S201 56.66 4 17.99 SOLE ---- SOLE
PE CORP CO|PEB COM 69332S102 803.25 7 174.03 SOLE ---- SOLE
PECO ENERG|PE COM 693304107 586.25 14 268.63 SOLE ---- SOLE
PENWEST PH|PPCO COM 709754105 208.00 26 207.88 SOLE ---- SOLE
PEPSICO IN|PEP COM 713448108 1,663.56 43 162.40 SOLE ---- SOLE
PFIZER INC|PFE COM 717081103 4,142.00 38 706.44 SOLE ---- SOLE
PG&E CORP |PCG COM 69331C108 454.13 14 198.42 SOLE ---- SOLE
PHARMACIA |PNU COM 716941109 823.78 15 247.11 SOLE ---- SOLE
PHILIP MOR|MO COM 718154107 2,893.50 72 333.84 SOLE ---- SOLE
PHILLIPS P|P COM 718507106 452.81 9 199.00 SOLE ---- SOLE
PICTURETEL|PCTL COM 720035302 40.00 5 54.88 SOLE ---- SOLE
PITNEY BOW|PBI COM 724479100 642.50 10 85.21 SOLE ---- SOLE
PNC BANK C|PNC COM 693475105 518.63 9 203.27 SOLE ---- SOLE
PPG INDUST|PPG COM 693506107 354.38 6 41.04 SOLE ---- SOLE
PRENTISS P|PP COM 740706106 118.13 5 127.50 SOLE ---- SOLE
PROCTER & |PG COM 742718109 3,480.75 39 281.95 SOLE ---- SOLE
PROVIDIAN |PVN COM 74406A102 512.88 6 28.52 SOLE ---- SOLE
PUBLIC SER|PEG COM 744573106 530.56 13 246.29 SOLE ---- SOLE
PUBLIC STO|PSA COM 74460D109 240.80 9 200.62 SOLE ---- SOLE
QUAKER OAT|OAT COM 747402105 531.00 8 157.51 SOLE ---- SOLE
QUINTESSEN|QTSN COM 748766102 181.88 29 211.93 SOLE ---- SOLE
R H DONNEL|RHD COM 74955W307 97.81 5 96.88 SOLE ---- SOLE
RACING CHA|RACN COM 750069106 213.04 30 207.58 SOLE ---- SOLE
RALSTON PU|RAL COM 751277302 365.25 12 86.05 SOLE ---- SOLE
RAYTHEON C|RTN B COM 755111408 579.16 8 112.86 SOLE ---- SOLE
RAYTHEON C|RTN A COM 755111309 122.94 2 64.61 SOLE ---- SOLE
RECKSON AS|RA COM 75621K106 329.88 14 169.75 SOLE ---- SOLE
RELIANT EN|REI COM 75952J108 386.75 14 249.50 SOLE ---- SOLE
RESEARCH P|RPII COM 761013101 124.00 31 125.74 SOLE ---- SOLE
RESORTQUES|RZT COM 761183102 165.00 20 171.60 SOLE ---- SOLE
REYNOLDS M|RLM COM 761763101 362.73 6 385.45 SOLE ---- SOLE
RITE AID C|RAD COM 767754104 295.50 12 88.99 SOLE ---- SOLE
ROCKWELL I|ROK COM 773903109 486.00 8 112.07 SOLE ---- SOLE
ROHM & HAA|ROH COM 775371107 514.50 12 283.93 SOLE ---- SOLE
ROWAN COMP|RDC COM 779382100 237.25 13 112.88 SOLE ---- SOLE
ROWECOM IN|ROWE COM 77957X108 38.13 3 114.70 SOLE ---- SOLE
ROYAL DUTC|RD COM 780257804 2,410.00 40 414.29 SOLE ---- SOLE
S & P 500 | COM 648816924 26,059.23 25,000 25,000.00 SOLE ---- SOLE
SAFECO COR|SAFC COM 786429100 353.00 8 77.58 SOLE ---- SOLE
SAFEWAY IN|SWY COM 786514208 346.50 7 366.61 SOLE ---- SOLE
SARA LEE C|SLE COM 803111103 635.25 28 54.16 SOLE ---- SOLE
SBC COMMUN|SBC COM 78387G103 3,190.00 55 342.00 SOLE ---- SOLE
SCHERING P|SGP COM 806605101 2,310.00 44 120.04 SOLE ---- SOLE
SCHLUMBERG|SLB COM 806857108 955.31 15 381.32 SOLE ---- SOLE
SCIENTIFIC|SFA COM 808655104 720.00 20 283.28 SOLE ---- SOLE
SEAGATE TE|SEG COM 811804103 179.38 7 281.92 SOLE ---- SOLE
SEAGRAM LT|VO COM 811850106 554.13 11 219.35 SOLE ---- SOLE
SEARS ROEB|S COM 812387108 534.75 12 176.10 SOLE ---- SOLE
SEMPRA ENE|SRE COM 816851109 374.24 17 314.29 SOLE ---- SOLE
SHELL TRAN|SC COM 822703609 1,831.81 40 736.15 SOLE ---- SOLE
SHERWIN-WI|SHW COM 824348106 621.60 22 499.13 SOLE ---- SOLE
SIRCO INTL|SIRC COM 829639103 35.00 20 38.30 SOLE ---- SOLE
SKYTEL COM|SKYT COM 83087Q104 376.88 18 179.55 SOLE ---- SOLE
SLM HLDG C|SLM COM 78442A109 549.75 12 239.35 SOLE ---- SOLE
SONIC JET |SJET COM 835455106 400.00 80 200.00 SOLE ---- SOLE
SOUTHERN C|SO COM 842587107 530.00 20 167.66 SOLE ---- SOLE
SPDR TR |SPY COM 78462F103 14,933.00 109 12,234.78 SOLE ---- SOLE
SPIEKER PP|SPK COM 848497103 194.38 5 127.50 SOLE ---- SOLE
SPORT-HALE|SPOR COM 848925103 128.49 27 213.56 SOLE ---- SOLE
SPRINGS IN|SMI COM 851783100 523.50 12 513.16 SOLE ---- SOLE
SPRINT COR|FON COM 852061100 1,378.00 26 290.82 SOLE ---- SOLE
SPRINT COR|PCS COM 852061506 370.50 7 34.92 SOLE ---- SOLE
ST PAUL CO|SPC COM 792860108 604.44 19 418.09 SOLE ---- SOLE
STANDARD A|AJX COM 853097103 526.13 31 279.66 SOLE ---- SOLE
STANDARD A|AJX * COM 853097202 381.63 22 221.69 SOLE ---- SOLE
SUN CMNTYS|SUI COM 866674104 248.50 7 182.88 SOLE ---- SOLE
SUN MICROS|SUNW COM 866810104 1,515.25 22 61.65 SOLE ---- SOLE
SUNOCO INC|SUN COM 86764P109 211.31 7 276.69 SOLE ---- SOLE
SUNTRUST B|STI COM 867914103 486.06 7 122.44 SOLE ---- SOLE
SUPREME IN|STS COM 868607102 156.65 16 200.41 SOLE ---- SOLE
SYNTROLEUM|SYNM COM 871630109 26.81 3 44.25 SOLE ---- SOLE
TAKE-TWO I|TTWO COM 874054109 190.63 25 180.80 SOLE ---- SOLE
TANDY CORP|TAN COM 875382103 684.25 14 105.56 SOLE ---- SOLE
TAVA TECHN|TAVA COM 872169107 192.19 25 201.89 SOLE ---- SOLE
TEKTRONIX |TEK COM 879131100 226.41 8 163.08 SOLE ---- SOLE
TEMPLE INL|TIN COM 879868107 343.13 5 359.68 SOLE ---- SOLE
TENNECO IN|TEN COM 88037E101 167.13 7 226.06 SOLE ---- SOLE
TENNESSEE |TVC COM 880591300 1,447.50 60 1,500.00 SOLE ---- SOLE
TEXACO INC|TX COM 881694103 1,060.38 17 372.92 SOLE ---- SOLE
TEXAS INST|TXN COM 882508104 1,728.00 12 100.69 SOLE ---- SOLE
TEXAS UTIL|TXU COM 882848104 414.38 10 265.82 SOLE ---- SOLE
TEXTRON IN|TXT COM 883203101 493.88 6 141.59 SOLE ---- SOLE
TIME WARNE|TWX COM 887315109 2,614.50 36 430.19 SOLE ---- SOLE
TIMES MIRR|TMC COM 887364107 359.94 6 45.09 SOLE ---- SOLE
TJX COS IN|TJX COM 872540109 466.38 14 424.34 SOLE ---- SOLE
TRANSAMERI|TA COM 893485102 600.00 8 109.04 SOLE ---- SOLE
TRIAD HOSP|TRIH COM 89579K109 21.30 2 17.11 SOLE ---- SOLE
TRICON GLO|YUM COM 895953107 389.70 7 78.36 SOLE ---- SOLE
TRW INCORP|TRW COM 872649108 439.00 8 279.28 SOLE ---- SOLE
TYCO INTL |TYC COM 902124106 1,946.92 21 766.90 SOLE ---- SOLE
U S PLASTI|USPL COM 902948108 198.75 20 208.75 SOLE ---- SOLE
U S WEST I|USW COM 91273H101 854.58 15 226.43 SOLE ---- SOLE
UNICOM COR|UCM COM 904911104 501.31 13 346.21 SOLE ---- SOLE
UNILEVER N|UN COM 904784709 1,183.24 17 342.39 SOLE ---- SOLE
UNION CARB|UK COM 905581104 536.25 11 259.36 SOLE ---- SOLE
UNION PAC |UPR COM 907834105 151.97 9 55.38 SOLE ---- SOLE
UNION PACI|UNP COM 907818108 466.50 8 82.67 SOLE ---- SOLE
UNISYS COR|UIS COM 909214108 194.69 5 71.90 SOLE ---- SOLE
UNITED TEC|UTX COM 913017109 1,008.00 14 88.57 SOLE ---- SOLE
UNOCAL COR|UCL COM 915289102 475.50 12 303.40 SOLE ---- SOLE
US BANCORP|USB COM 902973106 680.35 20 193.17 SOLE ---- SOLE
UST INC CO|UST COM 902911106 410.38 14 423.43 SOLE ---- SOLE
USX-U S ST|X COM 90337T101 145.80 5 104.73 SOLE ---- SOLE
USX MARATH|MRO COM 902905827 437.48 13 306.06 SOLE ---- SOLE
V F CORPOR|VFC COM 918204108 384.75 9 140.68 SOLE ---- SOLE
VDC COMMUN|VDC COM 91821B101 120.00 40 194.80 SOLE ---- SOLE
VENTAS INC|VTR COM 92276F100 107.50 20 241.25 SOLE ---- SOLE
VIACOM INC|VIA B COM 925524308 968.00 22 417.57 SOLE ---- SOLE
VIVUS INC |VVUS COM 928551100 105.00 40 207.35 SOLE ---- SOLE
W W GRAING|GWW COM 384802104 430.50 8 78.70 SOLE ---- SOLE
WACHOVIA C|WB COM 929771103 513.38 6 334.86 SOLE ---- SOLE
WAL MART S|WMT COM 931142103 6,176.00 128 241.35 SOLE ---- SOLE
WALGREEN C|WAG COM 931422109 881.25 30 28.92 SOLE ---- SOLE
WARNER LAM|WLA COM 934488107 1,659.00 24 159.94 SOLE ---- SOLE
WASHINGTON|WM COM 939322103 384.08 11 138.36 SOLE ---- SOLE
WASTE MANA|WMI COM 94106L109 545.56 10 257.04 SOLE ---- SOLE
WELLS FARG|WFC COM 949746101 2,052.00 48 602.32 SOLE ---- SOLE
WENDYS INT|WEN COM 950590109 484.50 17 113.82 SOLE ---- SOLE
WEYERHAEUS|WY COM 962166104 550.00 8 200.65 SOLE ---- SOLE
WILLIAMS C|WMB COM 969457100 638.44 15 156.43 SOLE ---- SOLE
WM WRIGLEY|WWY COM 982526105 356.75 4 185.17 SOLE ---- SOLE
WORLDWIDE |WWES COM 98157N104 292.50 120 180.00 SOLE ---- SOLE
WORTHINGTO|WTHG COM 981811102 164.38 10 109.64 SOLE ---- SOLE
XEROX CORP|XRX COM 984121103 1,181.25 20 265.96 SOLE ---- SOLE
-------------------------------
381,958.62 33839.82 141,267.91
