UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 09/30/99
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: UNITED NATIONAL BANK /NJ/
Address: 1130 RT 22 EAST P O BOX 6000
BRIDGEWATER, NJ 08807-0010
13F File Number:
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: WILLIAM M. PETERS
Title: VP & CHIEF INV. OFFICER
Phone: (908) 429-2304
Signature, Place, and Date of Signing:
UNITED NATIONAL BANK /NJ/ BRIDGEWATER, NJ
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: 318
Form 13F Information Table Entry Total: $588,914
List of Other Included Managers:
NONE
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- --- --- --- ---- ------- ------------- ------- --------- ------
AT&T CORP COM 001957109 1470 33812 SH SOLE 32995 817
AT&T CORP COM 001957109 1209 27794 SH DEFINED 26009 1785
AT&T CORP DEB CONV DEB 001957AG4 228 225000 PRN SOLE 225000
AT&T CORP NT CONV DEB 001957AP4 204 200000 PRN DEFINED 200000
AT&T CORP CONV DEB 001957AU3 709 740000 PRN SOLE 740000
AT&T CORP CONV DEB 001957AV1 557 600000 PRN SOLE 600000
ABBOTT LABS COM 002824100 1027 28000 SH SOLE 28000
ABBOTT LABS COM 002824100 36 1000 SH DEFINED 1000
ALLIED-SIGNAL INC COM 019512102 5109 85250 SH SOLE 85050 200
ALLIED-SIGNAL INC COM 019512102 701 11700 SH DEFINED 11700
AMERICAN EXPRESS CO COM 025816109 821 6088 SH SOLE 6088
AMERICAN EXPRESS CO CAP TRUST CONV PFD 02583Y205 576 25000 SH SOLE 25000
AMERICAN HOME PRODS CORP COM 026609107 7402 178379 SH SOLE 178379
AMERICAN HOME PRODS CORP COM 026609107 7383 177908 SH DEFINED 170408 6700 800
AMERICAN INTL GROUP INC COM 026874107 4562 52485 SH SOLE 52485
AMERICAN INTL GROUP INC COM 026874107 190 2187 SH DEFINED 2187
AMERITECH CORP COM 030954101 795 11918 SH SOLE 11822 96
AMERITECH CORP COM 030954101 748 11215 SH DEFINED 10030 1185
APPLE COMPUTER INC NTS CONV DEB 037833AA8 462 500000 PRN SOLE 500000
ASSOCIATES CORP OF NORTH AMERI CONV DEB 046003EB1 325 325000 PRN SOLE 325000
ASSOCIATES FIRST CAPITAL COM 046008108 309 8600 SH SOLE 8600
ASSOCIATES FIRST CAPITAL COM 046008108 197 5492 SH DEFINED 5492
ATLANTIC RICHFIELD CO COM 048825103 552 6230 SH SOLE 6230
ATLANTIC RICHFIELD CO COM 048825103 624 7050 SH DEFINED 7050
AUTOMATIC DATA PROCESSING COM 053015103 1142 25600 SH SOLE 25600
AUTOMATIC DATA PROCESSING COM 053015103 481 10800 SH DEFINED 9800 1000
BP AMOCO PLC COM 055622104 1405 12687 SH SOLE 12687
BP AMOCO PLC COM 055622104 2435 21974 SH DEFINED 21974
BP AMER INC GEN TERM NTS SR NT CONV DEB 055625AN7 25 25000 PRN SOLE 25000
BP AMER INC GEN TERM NTS SR NT CONV DEB 055625AN7 258 250000 PRN DEFINED 250000
BANC ONE CORP CONV DEB 059438AF8 419 420000 PRN SOLE 420000
BANC ONE CORP CONV DEB 059438AF8 99 100000 PRN DEFINED 100000
BANK OF AMERICA CORPORATION COM 060505104 2272 40805 SH SOLE 40692 113
BANK OF AMERICA CORPORATION COM 060505104 272 4891 SH DEFINED 4537 354
BANK OF BOSTON CORP CONV DEB 060716AX5 497 500000 PRN SOLE 500000
BANK OF BOSTON CORP CONV DEB 060716AX5 99 100000 PRN DEFINED 100000
BANK OF BOSTON CORP CONV DEB 060716BR7 403 410000 PRN SOLE 410000
BANK NEW YORK INC COM 064057102 756 22612 SH SOLE 22612
BANK OF NEW YORK CONV DEB 06406JAG0 465 500000 PRN SOLE 500000
BANK ONE CORP COM COM 06423A103 840 24151 SH SOLE 24051 100
BANK ONE CORP COM COM 06423A103 193 5562 SH DEFINED 5562
BANK AMERICA CORP SUB NT CONV DEB 066050BP9 941 910000 PRN SOLE 910000
BANK AMERICA CORP CONV DEB 066050BQ7 520 500000 PRN SOLE 500000
BANK AMERICA CORP CONV DEB 066050BS3 72 70000 PRN SOLE 70000
BANK AMERICA CORP CONV DEB 066050BS3 231 225000 PRN DEFINED 225000
BANKAMERICA CORP CONV DEB 066050BV6 406 400000 PRN SOLE 400000
BANK AMERICA CORP CONV DEB 066050BW4 220 215000 PRN SOLE 215000
BANKAMERICA CORP NOTE CONV DEB 066050BY0 255 255000 PRN SOLE 255000
BANK AMERICA CORP NTS CONV DEB 066050CB9 867 870000 PRN SOLE 870000
BANK AMERICA CORP CONV DEB 066050CD5 658 660000 PRN SOLE 660000
BANK AMERICA CORP CONV DEB 066050CD5 99 100000 PRN DEFINED 100000
BANKERS TR NY CORP CONV DEB 066365BD8 354 350000 PRN SOLE 350000
BANKERS TRUST NY CORP CONV DEB 066365BF3 511 510000 PRN SOLE 510000
BANKERS TRUST CONV DEB 066365BW6 475 500000 PRN SOLE 500000
BANKERS TRUST CONV DEB 066365BY2 245 250000 PRN SOLE 250000
BEAR STEARNS COS INC CONV DEB 073902AM0 588 600000 PRN SOLE 600000
BEAR STEARNS COS INC CONV DEB 073902AM0 196 200000 PRN DEFINED 200000
BEAR STEARNS CO CONV DEB 073902AZ1 461 475000 PRN SOLE 475000
BEAR STEARNS COS INC CONV DEB 073902BM9 274 285000 PRN SOLE 285000
BELL ATLANTIC CORP COM 077853109 4140 61505 SH SOLE 60271 1234
BELL ATLANTIC CORP COM 077853109 2128 31614 SH DEFINED 28608 2506 500
BELLSOUTH CORPORATION COM 079860102 3018 67076 SH SOLE 64128 2948
BELLSOUTH CORPORATION COM 079860102 1193 26530 SH DEFINED 24460 1096 974
BESTFOODS INC. COM 08658U101 466 9600 SH SOLE 9600
BESTFOODS INC. COM 08658U101 116 2400 SH DEFINED 2400
BOSTON SCIENTIFIC CORP COM 101137107 338 13660 SH SOLE 13660
BRISTOL MYERS SQUIBB CO. COM 110122108 18777 278188 SH SOLE 277588 600
BRISTOL MYERS SQUIBB CO. COM 110122108 10394 153992 SH DEFINED 143808 10184
BROADCOM CORP-CL A COM 111320107 588 5400 SH SOLE 5400
BURLINGTON NORTHERN SANTA FE C COM 12189T104 561 20414 SH SOLE 20414
BURLINGTON NORTHERN SANTA FE C COM 12189T104 419 15255 SH DEFINED 14655 600
CIGNA CONV DEB 125509AF6 303 300000 PRN SOLE 300000
CNA FINANCIAL CORP CONV DEB 126117AK6 966 1035000 PRN SOLE 1035000
CENTRAL & SOUTH WEST CORP COM 152357109 148 7020 SH SOLE 7020
CENTRAL & SOUTH WEST CORP COM 152357109 107 5070 SH DEFINED 5070
CHASE MANHATTAN CORP NEW COM COM 16161A108 11576 153584 SH SOLE 153084 500
CHASE MANHATTAN CORP NEW COM COM 16161A108 1919 25466 SH DEFINED 23636 1830
CHASE MANHATTAN COR CONV DEB 16161AAP3 681 700000 PRN SOLE 700000
CHASE MANHATTAN COR CONV DEB 16161ABJ6 517 500000 PRN SOLE 500000
CHASE MANHATTAN COR CONV DEB 16161ABJ6 103 100000 PRN DEFINED 100000
CHEVRON CORP COM 166751107 1772 19974 SH SOLE 19974
CHEVRON CORP COM 166751107 471 5308 SH DEFINED 5308
CISCO SYSTEMS COM 17275R102 18421 268676 SH SOLE 268676
CISCO SYSTEMS COM 17275R102 1885 27500 SH DEFINED 26500 1000
CITIGROUP INC COM COM 172967101 6157 139947 SH SOLE 139947
CITIGROUP INC COM COM 172967101 1186 26971 SH DEFINED 24351 2220 400
CITICORP CONV DEB 173034GK9 513 510000 PRN SOLE 510000
CITICORP CONV DEB 17303LPF2 501 500000 PRN SOLE 500000
CITICORP 7.5% DUE 8/25/10 CONV DEB 17303MDL0 385 400000 PRN SOLE 400000
CITICORP SUB MED TERM NOTES CONV DEB 17303MDS5 472 500000 PRN SOLE 500000
CITICORP MED TERM NOTE CONV DEB 17303MFD6 627 650000 PRN SOLE 650000
CITIGROUP CAPITAL V PREFERRED CONV PFD 17306K209 224 10000 SH SOLE 10000
COCA COLA CO COM 191216100 1336 27700 SH SOLE 27200 500
COCA COLA CO COM 191216100 427 8850 SH DEFINED 8850
COCA COLA ENTERPRISES INC NT CONV DEB 191219AM6 412 400000 PRN SOLE 400000
COCA COLA ENTERPRISES, INC CONV DEB 191219AT1 200 200000 PRN SOLE 200000
COCA COLA ENTERPRISES, INC CONV DEB 191219AT1 200 200000 PRN DEFINED 200000
COCA-COLA ENTERPRISES CONV DEB 191219BF0 272 300000 PRN SOLE 300000
COLGATE PALMOLIVE CO COM 194162103 828 18120 SH SOLE 18120
COLGATE PALMOLIVE CO COM 194162103 155 3400 SH DEFINED 2400 1000
COMPAQ COMPUTER COM 204493100 696 30457 SH SOLE 29157 1300
COMPAQ COMPUTER COM 204493100 123 5400 SH DEFINED 5400
COMPAQ COMPUTER CORP. CONV DEB 204493AF7 408 400000 PRN SOLE 400000
CONSOLIDATED NAT GAS CO COM 209615103 43 700 SH SOLE 700
CONSOLIDATED NAT GAS CO COM 209615103 293 4700 SH DEFINED 4700
CONSOLIDATED NATURAL GAS CO CONV DEB 209615BM4 241 250000 PRN SOLE 250000
CORESTATES CAPITAL CORP CONV DEB 218693AH2 218 225000 PRN SOLE 225000
DAYTON HUDSON COM 239753106 5402 89950 SH SOLE 89950
DAYTON HUDSON COM 239753106 510 8500 SH DEFINED 8500
DEAN WITTER DISCOVER & CO. CONV DEB 24240VAC5 250 250000 PRN SOLE 250000
DELL COMPUTER CO. COM 247025109 13612 325550 SH SOLE 325350 200
DELL COMPUTER CO. COM 247025109 413 9900 SH DEFINED 9500 400
DEVEL. DIVERSIFIED REALTY CONV PFD 251591509 234 10000 SH SOLE 10000
WALT DISNEY PRODTNS COM 254687106 387 14900 SH SOLE 14900
WALT DISNEY PRODTNS COM 254687106 39 1500 SH DEFINED 1500
DOLE FOOD INC. CONV DEB 256605AB2 298 300000 PRN SOLE 300000
DOW CHEM CO COM 260543103 448 3950 SH SOLE 3950
DOW CHEM CO COM 260543103 786 6925 SH DEFINED 6725 200
DU PONT E I DE NEMOURS & CO COM 263534109 1386 22916 SH SOLE 22916
DU PONT E I DE NEMOURS & CO COM 263534109 1673 27666 SH DEFINED 27666
DU PONT E I DE NEMOURS & CO CONV DEB 263534AY5 211 200000 PRN SOLE 200000
EMC CORP COM 268648102 17829 249800 SH SOLE 249300 500
EMC CORP COM 268648102 692 9700 SH DEFINED 9300 400
EASTMAN KODAK CO COM 277461109 32 425 SH SOLE 425
EASTMAN KODAK CO COM 277461109 729 9646 SH DEFINED 9646
ENRON CORP COM 293561106 542 13200 SH SOLE 13200
ENRON CORP COM 293561106 236 5760 SH DEFINED 5760
ENTERGY LOUISIANA, INC. CONV DEB 29364MAA8 473 500000 PRN SOLE 500000
EXXON CORP COM 302290101 15616 205474 SH SOLE 205174 300
EXXON CORP COM 302290101 11731 154358 SH DEFINED 154258 100
FEDERATED DEPARTMENT STORES IN COM 31410H101 74 1700 SH SOLE 1700
FEDERATED DEPARTMENT STORES IN COM 31410H101 218 5000 SH DEFINED 5000
FIFTH THIRD BANCORP COM 316773100 992 16313 SH SOLE 16313
FIFTH THIRD BANCORP COM 316773100 252 4156 SH DEFINED 4156
FIRST DATA CORPORATION CONV DEB 32006YAG7 384 400000 PRN SOLE 400000
FIRST UNION CORP COM 337358105 310 8702 SH SOLE 8702
FIRST UNION CORP COM 337358105 250 7038 SH DEFINED 7038
FLEET/NORSTAR FINL CONV DEB 339018AF0 319 295000 PRN SOLE 295000
FLEET NATIONAL BANK CONV DEB 33901LAA2 269 300000 PRN SOLE 300000
FORD MTR CO DEL COM 345370100 2622 52198 SH SOLE 52098 100
FORD MTR CO DEL COM 345370100 605 12050 SH DEFINED 12050
FORD MOTOR CREDIT CO CONV DEB 345397GN7 776 750000 PRN SOLE 750000
FORD MOTOR CREDIT CONV DEB 345397GS6 509 500000 PRN SOLE 500000
FORD MOTOR CREDIT CONV DEB 345397GV9 544 550000 PRN SOLE 550000
FORD MOTOR CREDIT CO CONV DEB 345397SD6 443 455000 PRN SOLE 455000
FORD MOTOR CREDIT CO CONV DEB 345402YC9 497 500000 PRN SOLE 500000
G T E CORP COM 362320103 61 800 SH SOLE 800
G T E CORP COM 362320103 407 5300 SH DEFINED 4600 700
GTE NORTH INC. CONV DEB 362337AM9 292 320000 PRN SOLE 320000
GTE SOUTH INC. CONV DEB 36233TAH2 330 350000 PRN SOLE 350000
GANNETT CO, INC COM 364730101 207 3000 SH DEFINED 3000
GAP INC COM 364760108 4374 136702 SH SOLE 136702
GAP INC COM 364760108 96 3000 SH DEFINED 3000
GENERAL ELEC CO COM 369604103 42197 355913 SH SOLE 355463 450
GENERAL ELEC CO COM 369604103 25862 218139 SH DEFINED 213339 4600 200
GENERAL ELECTRIC CAP GE CONV DEB 36962GSX3 486 500000 PRN SOLE 500000
GENERAL ELECTRIC CAP CORP CONV DEB 36962GTH7 1074 1100000 PRN SOLE 1100000
GENERAL MLS INC COM 370334104 121 1500 SH SOLE 1500
GENERAL MLS INC COM 370334104 154 1900 SH DEFINED 1900
GENERAL MOTORS ACCEPTANCE CORP CONV DEB 370424CK7 293 300000 PRN SOLE 300000
GENERAL MTRS ACCEPT CORP CONV DEB 370424GL1 202 200000 PRN SOLE 200000
GENERAL MOTORS ACCEP CORP CONV DEB 370424GR8 524 500000 PRN SOLE 500000
GENERAL MOTORS ACCEPT CORP CONV DEB 370425RG7 284 300000 PRN SOLE 300000
GENERAL MOTORS ACCEPTANCE CORP CONV DEB 37042FVZ8 260 275000 PRN SOLE 275000
GENERAL MOTORS COM 370442105 651 10350 SH SOLE 10350
GENERAL MOTORS COM 370442105 531 8448 SH DEFINED 8362 86
GILLETTE CO COM 375766102 399 11766 SH SOLE 11766
GILLETTE CO COM 375766102 47 1400 SH DEFINED 1400
GREAT WESTERN FIN'L TR. I CONV PFD 39141F203 245 10000 SH SOLE 10000
GUIDANT CORP COM 401698105 2525 47100 SH SOLE 47100
GUIDANT CORP COM 401698105 552 10300 SH DEFINED 10300
ITT HARTFORD CAPITAL PFD CONV PFD 416315208 321 13600 SH SOLE 13600
HELLER FINANCIAL CORP CONV DEB 423328AW3 551 550000 PRN SOLE 550000
HELLER FINANCIAL NOTES CONV DEB 423328BG7 298 300000 PRN SOLE 300000
HEWLETT-PACKARD COM 428236103 526 5800 SH SOLE 5800
HEWLETT-PACKARD COM 428236103 653 7200 SH DEFINED 7200
HOME DEPOT INC COM 437076102 9728 141758 SH SOLE 141758
HOME DEPOT INC COM 437076102 1152 16800 SH DEFINED 15500 1000 300
HONEYWELL INC COM 438506107 550 4950 SH SOLE 4950
HOUSEHOLD FINANCE CONV DEB 441812FT6 626 625000 PRN SOLE 625000
HOUSEHOLD FINANCE CORP CONV DEB 441812GJ7 500 500000 PRN SOLE 500000
I.E.S. UTLITIES INC. CONV PFD 44949R508 240 10000 SH SOLE 10000
INGERSOLL RAND CO COM 456866102 282 5150 SH SOLE 5150
INTEL CORP COM 458140100 9603 129232 SH SOLE 128632 600
INTEL CORP COM 458140100 1642 22100 SH DEFINED 18500 3600
INTERNATIONAL BUSINESS MACHS C COM 459200101 916 7574 SH SOLE 7574
INTERNATIONAL BUSINESS MACHS C COM 459200101 1191 9848 SH DEFINED 7448 2400
INTERNATIONAL BUSINESS MACHINE CONV DEB 459200AJ0 512 500000 PRN SOLE 500000
IBM CORPORATION CONV DEB 45920QBM5 271 300000 PRN SOLE 300000
JOHNSON & JOHNSON COM 478160104 8139 88594 SH SOLE 88594
JOHNSON & JOHNSON COM 478160104 24969 271775 SH DEFINED 197438 74337
LEHMAN BROTHERS HOLDINGS CONV DEB 52517PPZ8 296 300000 PRN SOLE 300000
LILY ELI & CO COM 532457108 64 1000 SH SOLE 1000
LILY ELI & CO COM 532457108 806 12560 SH DEFINED 12560
LIMITED INC NT CONV DEB 532716AE7 511 500000 PRN SOLE 500000
LIMITED INC NT CONV DEB 532716AE7 255 250000 PRN DEFINED 250000
LUCENT TECHNOLOGIES COM 549463107 16631 256361 SH SOLE 255261 1100
LUCENT TECHNOLOGIES COM 549463107 3741 57678 SH DEFINED 54196 2348 1134
MBNA CORP COM 55262L100 4200 184125 SH SOLE 183825 300
MBNA CORP COM 55262L100 666 29200 SH DEFINED 27100 1600 500
MCI CORP 8.0% PFD. CONV PFD 55267Y206 351 14600 SH SOLE 14600
MCI WORLDCOM INC COM COM 55268B106 3144 43750 SH SOLE 43750
MCI WORLDCOM INC COM COM 55268B106 50 700 SH DEFINED 700
MAY DEPT STORES CO COM 577778103 239 6564 SH SOLE 6564
MAY DEPT STORES CO COM 577778103 103 2832 SH DEFINED 2832
MCCORMICK SUB NT CONV DEB 579780AB3 260 250000 PRN SOLE 250000
MC DONALDS CORP COM 580135101 181 4200 SH SOLE 4200
MC DONALDS CORP COM 580135101 168 3900 SH DEFINED 3900
MCGRAW-HILL COMPANIES COM 580645109 208 4300 SH SOLE 4300
MCGRAW-HILL COMPANIES COM 580645109 235 4860 SH DEFINED 4060 800
MEDIAONE GROUP INC COM COM 58440J104 146 2150 SH SOLE 2150
MEDIAONE GROUP INC COM COM 58440J104 137 2020 SH DEFINED 1548 363 109
MEDTRONIC, INC COM 585055106 4864 136800 SH SOLE 136200 600
MEDTRONIC, INC COM 585055106 305 8600 SH DEFINED 8600
MELLON BANK SUB NOTES CONV DEB 585907AF5 265 275000 PRN SOLE 275000
MELLON BANK SUB NOTES CONV DEB 585907AF5 96 100000 PRN DEFINED 100000
MERCK & CO INC COM 589331107 21668 334334 SH SOLE 333434 900
MERCK & CO INC COM 589331107 12969 200102 SH DEFINED 197074 2200 828
MERRILL LYNCH & CO INC CONV DEB 590188DY1 312 300000 PRN SOLE 300000
MERRILL LYNCH CONV DEB 590188ES3 635 650000 PRN SOLE 650000
MERRILL LYNCH & CO CONV DEB 590188JP4 274 300000 PRN SOLE 300000
MERRILL LYNCH CONV DEB 59018SY24 423 445000 PRN SOLE 445000
MICROSOFT CORP COM 594918104 19597 216400 SH SOLE 216400
MICROSOFT CORP COM 594918104 1874 20700 SH DEFINED 18300 2200 200
MIDDLESEX WTR CO COM 596680108 333 11060 SH SOLE 11060
MIDDLESEX WTR CO COM 596680108 243 8077 SH DEFINED 700 6300 1077
MINNESOTA MNG & MFG CO COM 604059105 717 7466 SH SOLE 7466
MINNESOTA MNG & MFG CO COM 604059105 1285 13380 SH DEFINED 13180 200
MOBIL CORP COM 607059102 5779 57361 SH SOLE 57361
MOBIL CORP COM 607059102 4669 46350 SH DEFINED 45650 700
MONSANTO CO COM 611662107 264 7400 SH SOLE 7400
MONSANTO CO COM 611662107 435 12200 SH DEFINED 11400 800
MORGAN J P & CO INC COM 616880100 1035 9065 SH SOLE 9065
MORGAN J P & CO INC COM 616880100 948 8302 SH DEFINED 8202 100
J P MORGAN & CO SUB NTS CONV DEB 616880BG4 230 250000 PRN SOLE 250000
MORGAN JP & CO INC CONV DEB 616880BT6 287 300000 PRN SOLE 300000
MORGAN STANLEY FIN. PLC CONV PFD 616906707 517 21000 SH SOLE 21000
NATIONAL WESTMINSTER BANK PLC COM 638539403 850 6122 SH SOLE 6122
NATIONAL WESTMINSTER BANK PLC COM 638539403 50 366 SH DEFINED 366
NATIONS BANK CORP CONV DEB 638585AF6 498 500000 PRN SOLE 500000
NATIONS BANK CORP SUB NOTES CONV DEB 638585AJ8 258 250000 PRN SOLE 250000
NETWORK APPLIANCE INC COM 64120L104 3205 44750 SH SOLE 44750
NEW YORK TIMES CO. NTS CONV DEB 650111AA5 1041 1000000 PRN SOLE 1000000
NOKIA CORPORATION - SPON ADR COM 654902204 2305 25650 SH SOLE 25650
NOKIA CORPORATION - SPON ADR COM 654902204 116 1300 SH DEFINED 1300
NORFOLK SOUTHERN CORP. COM 655844108 175 7180 SH SOLE 7180
NORFOLK SOUTHERN CORP. COM 655844108 113 4617 SH DEFINED 4617
NORTHERN STATE PWR CO CONV DEB 665772BM0 307 300000 PRN SOLE 300000
PPG INDS INC COM 693506107 369 6160 SH DEFINED 6160
PACIFIC GAS & ELEC NTS CONV DEB 694308EA1 268 260000 PRN SOLE 260000
PACIFIC GAS & ELEC CO CONV DEB 694308EW3 285 300000 PRN SOLE 300000
PACIFIC TELEPHONE & TELEGRAPH CONV DEB 694886AR3 527 540000 PRN SOLE 540000
PACIFIC TELESIS FINANCING CONV PFD 694887209 304 13000 SH SOLE 13000
PACIFICORP 8.25% PFD CONV PFD 695115204 264 11000 SH SOLE 11000
PEPSICO INC COM 713448108 887 29100 SH SOLE 28700 400
PEPSICO INC COM 713448108 292 9600 SH DEFINED 9200 400
PFIZER INC COM 717081103 6726 187500 SH SOLE 187200 300
PFIZER INC COM 717081103 1054 29400 SH DEFINED 28800 600
PHILIP MORRIS COMPANIES COM 718154107 816 23880 SH SOLE 23880
PHILIP MORRIS COMPANIES COM 718154107 68 2000 SH DEFINED 2000
PHILIP MORRIS CO INC NTS CONV DEB 718154BQ9 547 540000 PRN SOLE 540000
PHILIP MORRIS CONV DEB 718154BU0 284 280000 PRN SOLE 280000
PHILIP MORRIS CO. CONV DEB 718154BV8 477 475000 PRN SOLE 475000
PHILLIPS PETE CO COM 718507106 158 3250 SH SOLE 3250
PHILLIPS PETE CO COM 718507106 121 2500 SH DEFINED 2500
POTOMAC ELECTRIC POWER CONV DEB 737679CM0 387 400000 PRN SOLE 400000
PROCTER & GAMBLE CO COM 742718109 5815 62029 SH SOLE 61741 288
PROCTER & GAMBLE CO COM 742718109 4147 44244 SH DEFINED 43244 1000
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 255 6606 SH SOLE 6606
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 170 4415 SH DEFINED 3415 1000
REPUBLIC NEW YORK CORP SUB NT CONV DEB 760719AT1 258 250000 PRN SOLE 250000
SBC COMMUNICATION COM 78387G103 536 10502 SH SOLE 10343 159
SBC COMMUNICATION COM 78387G103 537 10533 SH DEFINED 8866 656 1011
SALOMON SMITH BARNEY HLD CONV DEB 79548GAH0 246 250000 PRN SOLE 250000
SALOMON INC NTS CONV DEB 79549BCF2 493 500000 PRN SOLE 500000
SARA LEE CORP COM 803111103 172 7400 SH SOLE 7400
SARA LEE CORP COM 803111103 179 7700 SH DEFINED 7700
SCHERING PLOUGH CORP COM 806605101 250 5732 SH SOLE 5732
SCHLUMBERGER LTD COM 806857108 461 7400 SH SOLE 7400
SCHLUMBERGER LTD COM 806857108 292 4700 SH DEFINED 4700
SEAGRAM COMPANY CONV DEB 811850AE6 549 525000 PRN SOLE 525000
SOLECTRON CORP COM 834182107 3382 47100 SH SOLE 47100
SOUTHERN CALIF EDISON CO CONV DEB 842400DH3 290 300000 PRN SOLE 300000
SOUTHERN CO COM 842587107 139 5403 SH SOLE 5403
SOUTHERN CO COM 842587107 253 9836 SH DEFINED 9836
SOUTHERN NEW ENGLAND TELECOM N CONV DEB 84348QAH0 481 475000 PRN SOLE 475000
SOUTHWESTERN BELL TEL CO CONV DEB 845335AG3 240 260000 PRN SOLE 260000
SPRINT CORP NOTES CONV DEB 852061AC4 516 500000 PRN SOLE 500000
TEXACO INC COM 881694103 1325 21004 SH SOLE 21004
TEXACO INC COM 881694103 579 9182 SH DEFINED 8182 1000
THOMAS & BETTS CORP COM 884315102 102 2000 SH SOLE 2000
THOMAS & BETTS CORP COM 884315102 285 5600 SH DEFINED 5600
TRANSAMERICA FINANCIAL CORP CONV DEB 89350LJR4 483 500000 PRN SOLE 500000
TYCO INTERNATIONAL LTD COM 902124106 11104 107550 SH SOLE 107550
TYCO INTERNATIONAL LTD COM 902124106 867 8400 SH DEFINED 8200 200
UNION PAC RR CO CONV DEB 907821N57 243 255000 PRN SOLE 255000
UNITED NATIONAL BANCORP COM 910909100 13698 589199 SH SOLE 586422 2777
UNITED NATIONAL BANCORP COM 910909100 16645 715953 SH DEFINED 650629 65324
UNITED MISSOURI BANCSHARES CONV DEB 91102QAA6 1002 1000000 PRN SOLE 1000000
US LEASING INTERNATIONAL INC CONV DEB 912129AE3 323 325000 PRN SOLE 325000
US LEASING INTERNATIONAL INC CONV DEB 912129AE3 49 50000 PRN DEFINED 50000
US LEASING CONV DEB 912129AF0 291 300000 PRN SOLE 300000
U S WEST INC NEW COM COM 91273H101 548 9621 SH SOLE 9621
U S WEST INC NEW COM COM 91273H101 157 2762 SH DEFINED 2396 366
UNITED TECHNOLOGIES CORP COM 913017109 2759 46516 SH SOLE 46516
UNITED TECHNOLOGIES CORP COM 913017109 604 10200 SH DEFINED 10200
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</TABLE>
