UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: December 31, 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 ia 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: White Plains, New York on February 8, 2000.
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: 404
Form 13F Information Table Value Total: $ 395,480,000
Page
FINANCIAL INSTITUTIONS RETIREMENT FUND 31 Dec 1999
(13F): CORE EQUITY AND IN HOUSE EQUITY ACCOUNTS
ITEM 4 ITEM 5 PRIN ITEM6 ITEM8
ITEM 1 ITEM 2 ITEM 3 FAIRMKT SHARES AMT INV ITEMVOTING
NAME OF ISSTICKER CLASS CUSIP ($,000) (,000) ($,000) DISCR MGT AUTH
- -------------------------------------------------------------------------
3COM CORP |COMS COM 885535104 508 11 551 SOLE - SOLE
A T & T CO|T COM 001957109 4,494 88 1,206 SOLE - SOLE
ABBOTT LAB|ABT COM 002824100 1,561 43 191 SOLE - SOLE
ADOLPH COO|RKY COM 217016104 525 10 500 SOLE - SOLE
ADVANCED M|AMD COM 007903107 434 15 439 SOLE - SOLE
AETNA INC |AET COM 008117103 391 7 420 SOLE - SOLE
AGILENT TE|A COM 00846U101 309 4 185 SOLE - SOLE
AIR PRODUC|APD COM 009158106 336 10 133 SOLE - SOLE
ALBERTO-CU|ACV A COM 013068200 244 11 154 SOLE - SOLE
ALBERTSONS|ABS COM 013104104 335 10 93 SOLE - SOLE
ALCAN ALUM|AL COM 013716105 455 11 104 SOLE - SOLE
ALCATEL SP|ALA COM 013904305 90 2 90 SOLE - SOLE
ALCOA INC |AA COM 013817101 830 10 146 SOLE - SOLE
ALLSTATE C|ALL COM 020002101 529 22 189 SOLE - SOLE
ALLTEL COR|AT COM 020039103 496 6 528 SOLE - SOLE
AMERADA HE|AHC COM 023551104 397 7 458 SOLE - SOLE
AMERICA ON|AOL COM 02364J104 4,173 55 2,703 SOLE - SOLE
AMERICAN E|AEP COM 025537101 289 9 249 SOLE - SOLE
AMERICAN E|AXP COM 025816109 1,995 12 237 SOLE - SOLE
AMERICAN G|AGC COM 026351106 607 8 138 SOLE - SOLE
AMERICAN G|AM COM 026375105 213 9 241 SOLE - SOLE
AMERICAN H|AHP COM 026609107 1,495 38 241 SOLE - SOLE
AMERICAN I|AIG COM 026874107 4,257 39 349 SOLE - SOLE
AMGEN INC |AMGN COM 031162100 1,682 28 199 SOLE - SOLE
AMR CORP C|AMR COM 001765106 402 6 186 SOLE - SOLE
ANADARKO P|APC COM 032511107 341 10 383 SOLE - SOLE
ANHEUSER-B|BUD COM 035229103 921 13 34 SOLE - SOLE
APPLE COMP|AAPL COM 037833100 617 6 185 SOLE - SOLE
APPLIED MA|AMAT COM 038222105 1,520 12 380 SOLE - SOLE
ARROW INTL|ARRO COM 042764100 20 1 20 SOLE - SOLE
ARTESYN TE|ATSN COM 043127109 315 15 49 SOLE - SOLE
ASHLAND IN|ASH COM 044204105 264 8 297 SOLE - SOLE
ASSOCIATED|AGRPA COM 045651106 1,643 18 347 SOLE - SOLE
ASSOCIATES|AFS COM 046008108 561 20 358 SOLE - SOLE
AUTOLOGOUS|AWTXE COM 052804101 105 15 136 SOLE - SOLE
AUTOMATIC |AUD COM 053015103 970 18 34 SOLE - SOLE
AVON PRODUCTS COM 054303102 30 1 30 SOLE - SOLE
BAKER HUGH|BHI COM 057224107 190 9 266 SOLE - SOLE
BANK AMER |BAC COM 060505104 2,487 50 1,240 SOLE - SOLE
BANK OF NE|BK COM 064057102 880 22 374 SOLE - SOLE
BANK ONE C|ONE COM 06423A103 1,077 34 762 SOLE - SOLE
BARD C R I|BCR COM 067383109 742 14 619 SOLE - SOLE
BAXTER INT|BAX COM 071813109 597 10 117 SOLE - SOLE
BECTON DIC|BDX COM 075887109 19 1 19 SOLE - SOLE
BELL ATLAN|BEL COM 077853109 2,770 45 571 SOLE - SOLE
BELLSOUTH |BLS COM 079860102 2,434 52 367 SOLE - SOLE
BESTFOODS |BFO COM 08658U101 473 9 120 SOLE - SOLE
BETHLEHEM |BS COM 087509105 168 20 277 SOLE - SOLE
BLACK & DE|BDK COM 091797100 564 11 330 SOLE - SOLE
BOEING COM|BA COM 097023105 1,160 28 630 SOLE - SOLE
BOISE CASC|BCC COM 097383103 57 1 56 SOLE - SOLE
BOSTON SCI|BSX COM 101137107 153 7 300 SOLE - SOLE
BOWATER IN|BOW COM 102183100 54 1 53 SOLE - SOLE
BRIGGS & S|BGG COM 109043109 375 7 456 SOLE - SOLE
BRISTOL MY|BMY COM 110122108 3,530 55 225 SOLE - SOLE
BRUNSWICK |BC COM 117043109 289 13 180 SOLE - SOLE
BURLINGTON|BNI COM 12189T104 364 15 73 SOLE - SOLE
CAMPBELL S|CPB COM 134429109 542 14 172 SOLE - SOLE
CARDINAL H|CAH COM 14149Y108 239 5 324 SOLE - SOLE
CARNIVAL C|CCL COM 143658102 383 8 368 SOLE - SOLE
CATERPILLA|CAT COM 149123101 518 11 150 SOLE - SOLE
CBS CORP |CBS COM 12490K107 1,343 21 323 SOLE - SOLE
CENDANT CO|CD COM 151313103 186 7 146 SOLE - SOLE
CENTRAL & |CSR COM 152357109 220 11 95 SOLE - SOLE
CENTURYTEL|CTL COM 156700106 663 14 576 SOLE - SOLE
CHAMPION I|CHA COM 158525105 372 6 159 SOLE - SOLE
CHARLES SC|SCH COM 808513105 383 10 565 SOLE - SOLE
CHASE MANH|CMB COM 16161A108 1,554 20 356 SOLE - SOLE
CHASE MANH|CMB COM 16161A108 311 4 71 SOLE - SOLE
CHEVRON CO|CHV COM 166751107 1,733 20 362 SOLE - SOLE
CHROMATICS|CCSI COM 171116304 354 55 225 SOLE - SOLE
CHUBB CORP|CB COM 171232101 338 6 95 SOLE - SOLE
CIGNA CORP|CI COM 125509109 564 7 426 SOLE - SOLE
CIRCUIT CI|CC COM 172737108 631 14 503 SOLE - SOLE
CISCO SYS |CSCO COM 17275R102 9,641 90 403 SOLE - SOLE
CITIGROUP |C COM 172967101 5,240 94 773 SOLE - SOLE
CLAIBORNE |LIZ COM 539320101 301 8 144 SOLE - SOLE
CLEAR CHAN|CCU COM 184502102 357 4 351 SOLE - SOLE
COCA COLA |KO COM 191216100 3,961 68 297 SOLE - SOLE
COLGATE PA|CL COM 194162103 1,040 16 176 SOLE - SOLE
COMCAST CO|CMCSK COM 200300200 708 14 568 SOLE - SOLE
COMPAQ COM|CPQ COM 204493100 1,329 49 502 SOLE - SOLE
COMPUTER A|CA COM 204912109 1,119 16 140 SOLE - SOLE
CONAGRA IN|CAG COM 205887102 318 14 221 SOLE - SOLE
CONOCO INC|COC B COM 208251405 113 5 31 SOLE - SOLE
CONSOLIDAT|ED COM 209115104 345 10 78 SOLE - SOLE
CONSOLIDAT|CNG COM 209615103 487 8 77 SOLE - SOLE
CONSTELLAT|CEG COM 210371100 363 13 156 SOLE - SOLE
COOPER IND|CBE COM 216669101 283 7 130 SOLE - SOLE
CORNING IN|GLW COM 219350105 903 7 41 SOLE - SOLE
COSTCO WHS|COST COM 22160K105 639 7 131 SOLE - SOLE
CRAFTMADE |CRFT COM 22413E104 181 25 189 SOLE - SOLE
CRANE COMP|CR COM 224399105 268 14 60 SOLE - SOLE
CRESCENT O|COPI COM 22575M100 85 31 204 SOLE - SOLE
CRESCENT R|CEI COM 225756105 184 10 193 SOLE - SOLE
CROWN CORK|CCK COM 228255105 157 7 127 SOLE - SOLE
CSX CORP C|CSX COM 126408103 220 7 69 SOLE - SOLE
CUMMINS EN|CUM COM 231021106 338 7 357 SOLE - SOLE
CVS CORP |CVS COM 126650100 439 11 54 SOLE - SOLE
DANA CORPO|DCN COM 235811106 359 12 183 SOLE - SOLE
DAYTON HUD|DH COM 239753106 991 14 206 SOLE - SOLE
DAYTON SUP|DSD COM 240028100 98 6 126 SOLE - SOLE
DEERE & CO|DE COM 244199105 390 9 196 SOLE - SOLE
DELL COMPU|DELL COM 247025109 3,213 63 1,018 SOLE - SOLE
DELPHI AUT|DPH COM 247126105 209 13 128 SOLE - SOLE
DELTA AIR |DAL COM 247361108 399 8 126 SOLE - SOLE
DELUXE COR|DLX COM 248019101 302 11 317 SOLE - SOLE
DIGITAL VI| CONV BD25387R9A0 150 150 150 SOLE - SOLE
DILLARD'S |DDS COM 254067101 202 10 259 SOLE - SOLE
DISNEY WAL|GO COM 254687205 109 5 148 SOLE - SOLE
DISNEY (WA|DIS COM 254687106 1,720 59 162 SOLE - SOLE
DOMINION R|D COM 257470104 432 11 174 SOLE - SOLE
DOW CHEMIC|DOW COM 260543103 935 7 135 SOLE - SOLE
DOW JONES |DJ COM 260561105 544 8 167 SOLE - SOLE
DUKE ENERG|DUK COM 264399106 451 9 100 SOLE - SOLE
DUN & BRAD|DNB COM 26483B106 413 14 211 SOLE - SOLE
DYCOM INDU|DY COM 267475101 176 4 67 SOLE - SOLE
E-CRUITER |ECRU COM 26831C103 176 26 193 SOLE - SOLE
E I DU PON|DD COM 263534109 27 0 27 SOLE - SOLE
E I DU PON|DD COM 263534109 1,894 29 225 SOLE - SOLE
E M C CORP|EMC COM 268648102 2,622 24 695 SOLE - SOLE
EASTMAN CH|EMN COM 277432100 143 3 94 SOLE - SOLE
EASTMAN KO|EK COM 277461109 709 11 612 SOLE - SOLE
EATON CORP|ETN COM 278058102 291 4 35 SOLE - SOLE
EDISON INT|EIX COM 281020107 393 15 203 SOLE - SOLE
ELEC COMMU|ELEC COM 284739109 54 15 40 SOLE - SOLE
ELECTRONIC|EDS COM 285661104 515 8 396 SOLE - SOLE
ELI LILLY |LLY COM 532457108 2,062 31 276 SOLE - SOLE
EMERSON EL|EMR COM 291011104 683 12 125 SOLE - SOLE
EMULEX COR|EMLX COM 292475209 2,588 23 50 SOLE - SOLE
ENGELHARD |EC COM 292845104 264 14 91 SOLE - SOLE
ENRON CORP|ENE COM 293561106 888 20 139 SOLE - SOLE
ENTERGY CO|ETR COM 29364G103 361 14 350 SOLE - SOLE
ENVIRONMEN|EPTC COM 29406K104 262 117 274 SOLE - SOLE
ESYNCH COR|ESYN COM 297591109 477 87 304 SOLE - SOLE
EXXON MOBI|XOM COM 30231G102 7,815 97 1,438 SOLE - SOLE
FANNIE MAE|FNM COM 313586109 1,867 30 198 SOLE - SOLE
FBR ASSET | COM 30241E105 392 28 564 SOLE - SOLE
FEDERATED |FD COM 31410H101 541 11 435 SOLE - SOLE
FIRST DATA|FDC COM 319963104 690 14 403 SOLE - SOLE
FIRST UNIO|FTU COM 337358105 894 27 374 SOLE - SOLE
FIRSTAR CO|FSR COM 33763V109 317 15 475 SOLE - SOLE
FIRSTENERG|FE COM 337932107 318 14 236 SOLE - SOLE
FLEETBOSTO|FBF COM 339030108 887 25 288 SOLE - SOLE
FLEETWOOD |FLE COM 339099103 186 9 176 SOLE - SOLE
FMC CORP | COM 302491303 40 1 39 SOLE - SOLE
FORD MOTOR|F COM 345370100 1,813 34 617 SOLE - SOLE
FORTUNE BR|FO COM 349631101 265 8 91 SOLE - SOLE
FPL GROUP |FPL COM 302571104 300 7 169 SOLE - SOLE
FREDDIE MA|FRE COM 313400301 941 20 216 SOLE - SOLE
FREEPORT-M|FCX COM 35671D857 148 7 182 SOLE - SOLE
FUTUREONE | CONV BD36114M9A8 50 50 50 SOLE - SOLE
GAINSCO IN|GNA COM 363127101 215 40 284 SOLE - SOLE
GANNETT CO|GCI COM 364730101 734 9 55 SOLE - SOLE
GAP INC |GPS COM 364760108 1,173 26 139 SOLE - SOLE
GENERAL DY|GD COM 369550108 528 10 59 SOLE - SOLE
GENERAL EL|GE COM 369604103 13,928 90 498 SOLE - SOLE
GENERAL MI|GIS COM 370334104 429 12 50 SOLE - SOLE
GENERAL MO|GM COM 370442105 1,381 19 645 SOLE - SOLE
GENUINE PA|GPC COM 372460105 298 12 172 SOLE - SOLE
GEORGIA PA|GP COM 373298108 508 10 188 SOLE - SOLE
GILLETTE C|G COM 375766102 1,236 30 483 SOLE - SOLE
GLOBAL CRO|GBLX COM G3921A100 700 14 576 SOLE - SOLE
GLOBAL IMA|GISX COM 37934A100 123 10 198 SOLE - SOLE
GOLDEN WES|GDW COM 381317106 503 15 180 SOLE - SOLE
GREAT ATLA|GAP COM 390064103 181 7 154 SOLE - SOLE
GTE CORP |GTE COM 362320103 1,976 28 438 SOLE - SOLE
H & R BLOC|HRB COM 093671105 529 12 437 SOLE - SOLE
HALLIBURTO|HAL COM 406216101 564 14 178 SOLE - SOLE
HARTFORD F|HIG COM 416515104 379 8 136 SOLE - SOLE
HASBRO INC|HAS COM 418056107 341 18 142 SOLE - SOLE
HEILIG- ME|HMY COM 422893107 55 20 56 SOLE - SOLE
HEINZ H J |HNZ COM 423074103 438 11 63 SOLE - SOLE
HERCULES I|HPC COM 427056106 22 1 22 SOLE - SOLE
HERSHEY FO|HSY COM 427866108 285 6 91 SOLE - SOLE
HEWLETT PA|HWP COM 428236103 3,344 29 393 SOLE - SOLE
HIBERNIA F|HIBNY COM 428660104 113 17 91 SOLE - SOLE
HIE INC |HDIE COM 40419W100 304 90 177 SOLE - SOLE
HOME DEPOT|HD COM 437076102 4,125 60 453 SOLE - SOLE
HOMEFED CO|HFDC COM 43739D208 8 9 0 SOLE - SOLE
HOMESTAKE |HM COM 437614100 297 38 419 SOLE - SOLE
HONEYWELL |HON COM 438516106 1,061 18 205 SOLE - SOLE
HOUSEHOLD |HI COM 441815107 343 9 83 SOLE - SOLE
HUTTIG BLD|HBP COM 448451104 15 3 3 SOLE - SOLE
IKON OFFIC|IKN COM 451713101 95 14 193 SOLE - SOLE
ILLINOIS T|ITW COM 452308109 541 8 47 SOLE - SOLE
IMS HEALTH|RX COM 449934108 435 16 68 SOLE - SOLE
INCO LTD C|N COM 453258402 517 22 425 SOLE - SOLE
INFERENCE |INFR COM 45662K109 53 11 91 SOLE - SOLE
INGERSOLL-|IR COM 456866102 50 1 49 SOLE - SOLE
INTEL CORP|INTC COM 458140100 7,737 94 441 SOLE - SOLE
INTERNATIO|IBM COM 459200101 5,610 52 1,201 SOLE - SOLE
INTERNATIO|IFF COM 459506101 263 7 173 SOLE - SOLE
INTERNATIO|IP COM 460146103 734 13 379 SOLE - SOLE
J P MORGAN|JPM COM 616880100 633 5 78 SOLE - SOLE
JEFFERSON-|JP COM 475070108 563 8 56 SOLE - SOLE
JOHNSON CO|JCI COM 478366107 455 8 121 SOLE - SOLE
JOHNSON & |JNJ COM 478160104 3,450 37 267 SOLE - SOLE
JOSTENS IN|JOS COM 481088102 340 14 251 SOLE - SOLE
K MART COR|KM COM 482584109 282 28 421 SOLE - SOLE
KANSAS CIT|KSU COM 485170104 597 8 500 SOLE - SOLE
KAUFMAN & |KBH COM 486168107 160 7 0 SOLE - SOLE
KELLOGG CO|K COM 487836108 40 1 39 SOLE - SOLE
KEYCORP NE|KEY COM 493267108 288 13 240 SOLE - SOLE
KIMBERLY-C|KMB COM 494368103 962 15 156 SOLE - SOLE
KNIGHT RID|KRI COM 499040103 417 7 41 SOLE - SOLE
KROGER COM|KR COM 501044101 378 20 142 SOLE - SOLE
L S I LOGI|LSI COM 502161102 945 14 401 SOLE - SOLE
LIFEPOINT |LPNT COM 53219L109 213 18 192 SOLE - SOLE
LIMITED IN|LTD COM 532716107 563 13 194 SOLE - SOLE
LINCOLN NA|LNC COM 534187109 400 10 47 SOLE - SOLE
LOCKHEED M|LMT COM 539830109 350 16 592 SOLE - SOLE
LOEWS CORP|LTR COM 540424108 486 8 537 SOLE - SOLE
LOUISIANA |LPX COM 546347105 98 7 137 SOLE - SOLE
LOWES COMP|LOW COM 548661107 598 10 162 SOLE - SOLE
LUCENT TEC|LU COM 549463107 5,850 78 508 SOLE - SOLE
MACROCHEM |MCHM COM 555903103 188 45 300 SOLE - SOLE
MALLINCKRO|MKG COM 561232109 318 10 230 SOLE - SOLE
MANDALAY R|MBG COM 562567107 161 8 186 SOLE - SOLE
MARSH & MC|MMC COM 571748102 718 8 155 SOLE - SOLE
MASCO CORP|MAS COM 574599106 406 16 82 SOLE - SOLE
MASTEC INC|MTZ COM 576323109 312 7 211 SOLE - SOLE
MATTEL INC|MAT COM 577081102 131 10 44 SOLE - SOLE
MAY DEPART|MAY COM 577778103 339 11 85 SOLE - SOLE
MAYTAG COR|MYG COM 578592107 432 9 184 SOLE - SOLE
MBNA CORP |KRB COM 55262L100 613 23 90 SOLE - SOLE
MC DONALDS|MCD COM 580135101 1,492 37 174 SOLE - SOLE
MC GRAW-HI|MHP COM 580645109 616 10 66 SOLE - SOLE
MCI WORLDC|WCOM COM 55268B106 4,218 80 1,120 SOLE - SOLE
MEDIAONE G|UMG COM 58440J104 1,352 18 219 SOLE - SOLE
MEDTRONIC |MDT COM 585055106 1,020 28 271 SOLE - SOLE
MELLON FIN|MEL COM 58551A108 545 16 70 SOLE - SOLE
MERCK & CO|MRK COM 589331107 4,354 65 441 SOLE - SOLE
MERRILL LY|MER COM 590188108 833 10 68 SOLE - SOLE
MICRON TEC|MU COM 595112103 622 8 429 SOLE - SOLE
MICROSOFT |MSFT COM 594918104 16,579 142 912 SOLE - SOLE
MIDCAP SPD|MDY COM 595635103 2,028 25 1,622 SOLE - SOLE
MILLIPORE |MIL COM 601073109 425 11 373 SOLE - SOLE
MINNESOTA |MMM COM 604059105 1,126 12 323 SOLE - SOLE
MONSANTO C|MTC COM 611662107 656 19 118 SOLE - SOLE
MORGAN STA|MWD COM 617446448 2,284 16 513 SOLE - SOLE
MORRISON K|MK COM 61844A109 156 20 215 SOLE - SOLE
MOTOROLA I|MOT COM 620076109 2,651 18 423 SOLE - SOLE
MUELLER IN|MLI COM 624756102 363 10 216 SOLE - SOLE
NABISCO HL|NA COM 629526104 25 1 25 SOLE - SOLE
NACCO INDS|NC COM 629579103 278 5 389 SOLE - SOLE
NASDAQ GOL|QQQ COM 631100104 1,279 7 808 SOLE - SOLE
NATIONAL C|NCC COM 635405103 332 14 468 SOLE - SOLE
NATIONAL S|NSM COM 637640103 599 14 289 SOLE - SOLE
NAVARRE CO|NAVR COM 639208107 14 3 22 SOLE - SOLE
NAVISTAR I|NAV COM 63934E108 517 11 225 SOLE - SOLE
NETVALUE H|NETV COM 64120C104 154 15 72 SOLE - SOLE
NEW YORK T|NYT COM 650111107 521 11 208 SOLE - SOLE
NEWELL RUB|NWL COM 651229106 355 12 226 SOLE - SOLE
NEXTEL COM|NXTL COM 65332V103 722 7 704 SOLE - SOLE
NIAGARA MO|NMK COM 653520106 488 35 512 SOLE - SOLE
NIKE INC C|NKE COM 654106103 347 7 191 SOLE - SOLE
NORTEL NET|NT COM 656569100 3,232 32 234 SOLE - SOLE
NORTHERN S|NSP COM 665772109 257 13 117 SOLE - SOLE
NOVELL INC|NOVL COM 670006105 839 21 447 SOLE - SOLE
NUCOR CORP|NUE COM 670346105 329 6 45 SOLE - SOLE
OCCIDENTAL|OXY COM 674599105 151 7 183 SOLE - SOLE
ONEOK INC |OKE COM 682680103 528 21 621 SOLE - SOLE
ORACLE COR|ORCL COM 68389X105 4,763 43 751 SOLE - SOLE
OTC S & P | COM S70920180 (931) (18) (400) SOLE - SOLE
OTC S&P 50| COM S67139140 480 19 1,900 SOLE - SOLE
PACTIV COR|PTV COM 695257105 74 7 201 SOLE - SOLE
PALL CORPO|PLL COM 696429307 453 21 438 SOLE - SOLE
PE CORP PE|PEB COM 69332S102 842 7 87 SOLE - SOLE
PECO ENERG|PE COM 693304107 487 14 269 SOLE - SOLE
PENWEST PH|PPCO COM 709754105 320 21 168 SOLE - SOLE
PEPSICO IN|PEP COM 713448108 1,410 40 151 SOLE - SOLE
PFIZER INC|PFE COM 717081103 3,503 108 669 SOLE - SOLE
PG&E CORP |PCG COM 69331C108 287 14 198 SOLE - SOLE
PHARMACIA |PNU COM 716941109 720 16 315 SOLE - SOLE
PHELPS DOD|PD COM 717265102 637 9 538 SOLE - SOLE
PHILIP MOR|MO COM 718154107 1,541 67 311 SOLE - SOLE
PHILLIPS P|P COM 718507106 423 9 199 SOLE - SOLE
PITNEY BOW|PBI COM 724479100 483 10 85 SOLE - SOLE
PLANET ENT|PNEC COM 727024101 65 65 185 SOLE - SOLE
PMCC FINL |PFC COM 693429102 4 29 207 SOLE - SOLE
PNC BANK C|PNC COM 693475105 401 9 203 SOLE - SOLE
PPG INDUST|PPG COM 693506107 375 6 41 SOLE - SOLE
PRAXAIR IN|PX COM 74005P104 35 1 35 SOLE - SOLE
PROCTER & |PG COM 742718109 4,109 38 322 SOLE - SOLE
PROVIDIAN |PVN COM 74406A102 501 6 29 SOLE - SOLE
PUBLIC SER|PEG COM 744573106 453 13 246 SOLE - SOLE
PUBLIC STO|PSA COM 74460D109 195 9 201 SOLE - SOLE
QUAKER OAT|OAT COM 747402105 525 8 158 SOLE - SOLE
QUALCOMM I|QCOM COM 747525103 2,114 12 1,155 SOLE - SOLE
QUICKSILVE|KWK COM 74837R104 175 40 200 SOLE - SOLE
R & B FALC|FLC COM 74912E101 24 2 23 SOLE - SOLE
RACING CHA|RACN COM 750069106 209 47 200 SOLE - SOLE
RALSTON PU|RAL COM 751277302 335 12 86 SOLE - SOLE
RAYTHEON C|RTN B COM 755111408 218 8 113 SOLE - SOLE
RAYTHEON C|RTN A COM 755111309 44 2 65 SOLE - SOLE
RECKSON AS|RA COM 75621K106 287 14 170 SOLE - SOLE
RELIANT EN|REI COM 75952J108 320 14 249 SOLE - SOLE
REMEDIATIO| CONV BD7595479A2 250 250 250 SOLE - SOLE
RESEARCH P|RPII COM 761013101 93 31 126 SOLE - SOLE
REYNOLDS M|RLM COM 761763101 471 6 385 SOLE - SOLE
RITE AID C|RAD COM 767754104 134 12 89 SOLE - SOLE
ROCKWELL I|ROK COM 773903109 383 8 112 SOLE - SOLE
ROHM & HAA|ROH COM 775371107 488 12 284 SOLE - SOLE
ROWAN COMP|RDC COM 779382100 282 13 113 SOLE - SOLE
ROYAL DUTC|RD COM 780257804 2,180 36 373 SOLE - SOLE
S & P 500 | COM 648816981 25,923 25,000 25,000 SOLE - SOLE
SAFECO COR|SAFC COM 786429100 199 8 78 SOLE - SOLE
SAFEWAY IN|SWY COM 786514208 250 7 367 SOLE - SOLE
SARA LEE C|SLE COM 803111103 618 28 54 SOLE - SOLE
SBC COMMUN|SBC COM 78387G103 2,073 43 248 SOLE - SOLE
SBC COMMUN|SBC COM 78387G103 2,535 52 314 SOLE - SOLE
SCHERING P|SGP COM 806605101 593 14 38 SOLE - SOLE
SCHERING P|SGP COM 806605101 1,102 26 71 SOLE - SOLE
SCHLUMBERG|SLB COM 806857108 842 15 341 SOLE - SOLE
SCIENTIFIC|SFA COM 808655104 559 10 142 SOLE - SOLE
SEAGATE TE|SEG COM 811804103 326 7 282 SOLE - SOLE
SEAGRAM LT|VO COM 811850106 492 11 219 SOLE - SOLE
SEARS ROEB|S COM 812387108 365 12 176 SOLE - SOLE
SECTOR SPD|XLK COM 81369Y803 647 12 574 SOLE - SOLE
SEMPRA ENE|SRE COM 816851109 287 17 314 SOLE - SOLE
SHELL TRAN|SC COM 822703609 1,936 40 736 SOLE - SOLE
SHERWIN-WI|SHW COM 824348106 470 22 499 SOLE - SOLE
SKYNET HOL|SKYN COM 830869103 150 20 158 SOLE - SOLE
SLM HLDG C|SLM COM 78442A109 507 12 239 SOLE - SOLE
SOLECTRON |SLR COM 834182107 476 5 465 SOLE - SOLE
SOMERA COM|SMRA COM 834458101 62 5 96 SOLE - SOLE
SONIC JET |SJET COM 835455106 92 87 235 SOLE - SOLE
SOUTHERN C|SO COM 842587107 470 20 168 SOLE - SOLE
SPDR TR |SPY COM 78462F103 15,128 103 11,550 SOLE - SOLE
SPIEKER PP|SPK COM 848497103 182 5 128 SOLE - SOLE
SPORT-HALE|SPOR COM 848925103 140 41 288 SOLE - SOLE
SPRINGS IN|SMI COM 851783100 479 12 513 SOLE - SOLE
SPRINT COR|FON COM 852061100 1,750 26 291 SOLE - SOLE
SPRINT COR|PCS COM 852061506 666 7 35 SOLE - SOLE
ST PAUL CO|SPC COM 792860108 640 19 418 SOLE - SOLE
STANDARD A|AJX COM 853097103 275 31 290 SOLE - SOLE
STANDARD A|AJX* CONV PF853097202 215 22 222 SOLE - SOLE
SUN CMNTYS|SUI COM 866674104 225 7 183 SOLE - SOLE
SUN MICROS|SUNW COM 866810104 3,407 44 62 SOLE - SOLE
SUNOCO INC|SUN COM 86764P109 165 7 277 SOLE - SOLE
SUNTRUST B|STI COM 867914103 482 7 122 SOLE - SOLE
SUPREME IN|STS COM 868607102 110 18 200 SOLE - SOLE
SYNTROLEUM|SYNM COM 871630109 24 3 44 SOLE - SOLE
TAKE-TWO I|TTWO COM 874054109 259 20 145 SOLE - SOLE
TANDY CORP|TAN COM 875382103 492 10 75 SOLE - SOLE
TEKTRONIX |TEK COM 879131100 292 8 163 SOLE - SOLE
TELLABS IN|TLAB COM 879664100 449 7 462 SOLE - SOLE
TELTRAN IN|TLTG COM 87969T201 105 15 139 SOLE - SOLE
TELULAR CO|WRLS COM 87970T208 143 15 147 SOLE - SOLE
TEMPLE INL|TIN COM 879868107 330 5 360 SOLE - SOLE
TENET HEAL|THC COM 88033G100 40 2 40 SOLE - SOLE
TEXACO INC|TX COM 881694103 988 18 438 SOLE - SOLE
TEXAS INST|TXN COM 882848104 2,222 23 96 SOLE - SOLE
TEXAS UTIL|TXU COM 882508104 356 10 266 SOLE - SOLE
TEXTRON IN|TXT COM 883203101 460 6 142 SOLE - SOLE
TIME WARNE|TWX COM 887315109 2,603 36 430 SOLE - SOLE
TIMES MIRR|TMC COM 887364107 407 6 45 SOLE - SOLE
TJX COS IN|TJX COM 872540109 286 14 424 SOLE - SOLE
TORQUE ENG|TORQ COM 891321101 35 29 212 SOLE - SOLE
TRANSOCEAN|RIG COM G90078109 98 3 40 SOLE - SOLE
TRICOM SA |TDR COM 89612A100 220 10 136 SOLE - SOLE
TRICON GLO|YUM COM 895953107 278 7 78 SOLE - SOLE
TRW INCORP|TRW COM 872649108 416 8 279 SOLE - SOLE
TYCO INTL |TYC COM 902124106 1,603 41 767 SOLE - SOLE
U S WEST I|USW COM 91273H101 1,047 15 226 SOLE - SOLE
UAL CORP C|UAL COM 902549500 47 1 47 SOLE - SOLE
UNICOM COR|UCM COM 904911104 436 13 346 SOLE - SOLE
UNILEVER N|UN COM 904784709 923 17 342 SOLE - SOLE
UNION CARB|UK COM 905581104 734 11 259 SOLE - SOLE
UNION PAC |UPR COM 907834105 119 9 55 SOLE - SOLE
UNION PACI|UNP COM 907818108 350 8 83 SOLE - SOLE
UNION PLAN|UPC COM 908068109 39 1 40 SOLE - SOLE
UNISYS COR|UIS COM 909214108 160 5 72 SOLE - SOLE
UNITED TEC|UTX COM 913017109 910 14 89 SOLE - SOLE
UNOCAL COR|UCL COM 915289102 456 14 357 SOLE - SOLE
UNUMPROVID|UNM COM 91529Y106 19 1 18 SOLE - SOLE
US BANCORP|USB COM 902973106 485 20 193 SOLE - SOLE
US PLASTIC|USPL COM 902948108 154 20 158 SOLE - SOLE
UST INC CO|UST COM 902911106 353 14 423 SOLE - SOLE
USX-U S ST|X COM 90337T101 211 6 137 SOLE - SOLE
USX MARATH|MRO COM 902905827 332 13 306 SOLE - SOLE
V F CORPOR|VFC COM 918204108 270 9 141 SOLE - SOLE
VALERO ENE|VLO COM 91913Y100 28 1 27 SOLE - SOLE
VIACOM INC|VIA B COM 925524308 1,209 20 380 SOLE - SOLE
VIVUS INC |VVUS COM 928551100 158 50 179 SOLE - SOLE
W W GRAING|GWW COM 384802104 383 8 79 SOLE - SOLE
WACHOVIA C|WB COM 929771103 408 6 335 SOLE - SOLE
WAL MART S|WMT COM 931142103 8,433 122 230 SOLE - SOLE
WALGREEN C|WAG COM 931422109 878 30 29 SOLE - SOLE
WARNER LAM|WLA COM 934488107 1,967 24 160 SOLE - SOLE
WASHINGTON|WM COM 939322103 279 11 138 SOLE - SOLE
WASTE MANA|WMI COM 94106L109 174 10 257 SOLE - SOLE
WATSON PHA|WPI COM 942683103 39 1 39 SOLE - SOLE
WEBLINK WI|WLNK COM 94769A101 388 25 211 SOLE - SOLE
WELLS FARG|WFC COM 949746101 1,860 46 577 SOLE - SOLE
WENDYS INT|WEN COM 950590109 385 19 144 SOLE - SOLE
WEYERHAEUS|WY COM 962166104 575 8 201 SOLE - SOLE
WILLIAMS C|WMB COM 969457100 495 16 193 SOLE - SOLE
WM WRIGLEY|WWY COM 982526105 332 4 185 SOLE - SOLE
WORLDWIDE |WWES COM 98157N104 169 100 150 SOLE - SOLE
WORTHINGTO|WTHG COM 981811102 166 10 110 SOLE - SOLE
WYNDHAM IN|WYN COM 983101106 73 25 73 SOLE - SOLE
XEROX CORP|XRX COM 984121103 454 20 266 SOLE - SOLE
YAHOO INC |YHOO COM 984332106 1,298 3 1,020 SOLE - SOLE
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395,480 33,206 143,801
