UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
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- ----
Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: John A. Levin & Co., Inc.
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Address: One Rockefeller Plaza
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19th Floor
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New York, New York 10020
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Form 13F File Number: 28-1944
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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: Norris Nissim
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Title: Director of Legal Affairs
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Phone: (212) 332-8400
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Signature, Place, and Date of Signing:
/s/ Norris Nissim New York, New York November 12,1999
[Signature] [City, State] [Date]
<PAGE>
Report Type (Check only one.):
[ x ] 13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this
report, and all holdings are reported by other reporting
manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this report
and a portion are reported by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 3
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Form 13F Information Table Entry Total: 449
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Form 13F Information Table Value Total: $6,815,660
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(thousands)
List of Other Included Managers:
1.Allmerica Investment Management
2.Baker, Fentress & Company
3.Strategic Investment International
Provide a numbered list of the name(s) and Form 13F file number(s) of
all institutional investment managers with respect to which this report
is filed, other than the manager filing this report.
No. Form 13F File Number Name
1 28-671 Baker, Fentress & Company
2 28-2495 Strategic Investment International
<PAGE>
<TABLE>
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <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 DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- ------- ------- --- ---- -------- --------- ---------- -------- ----
AETNA SVCS INC FIXED 008175AC5 9 10000 PRN DEFINED 10000
- ----------------------------------------------------------------------------------------------------------------------------------
BALTIMORE GAS & ELEC CO FIXED 059165CD0 20 20000 PRN DEFINED 20000
- ----------------------------------------------------------------------------------------------------------------------------------
COMMERCIAL CREDIT CO FIXED 201615CT6 15 15000 PRN DEFINED 15000
- ----------------------------------------------------------------------------------------------------------------------------------
IGENE BIOTECHNOLOGY INC. NTS FIXED igne.note 0 3394 PRN SOLE 3394
0 23454 PRN DEFINED 14722 8732
- ----------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL BUSINESS MACHS FIXED 459200AK7 502 500000 PRN SOLE 500000
- ----------------------------------------------------------------------------------------------------------------------------------
TENNESSEE VALLEY AUTH FIXED 880591BU5 10 10000 PRN DEFINED 10000
- ----------------------------------------------------------------------------------------------------------------------------------
ALZA CORP CONV 022615AC2 18 33000 PRN DEFINED 4000 11000 18000
- ----------------------------------------------------------------------------------------------------------------------------------
AMERICAN TEL & TELEG CO CONV 030177BV0 10 10000 PRN DEFINED 10000
- ----------------------------------------------------------------------------------------------------------------------------------
BELL ATLANTIC FINL SVCS INC 14 CONV 07785GAC4 603 576000 PRN SOLE 576000
135 129000 PRN DEFINED 129000
- ----------------------------------------------------------------------------------------------------------------------------------
COCA COLA ENTERPRISES INC CONV 191219AU8 9 10000 PRN DEFINED 10000
- ----------------------------------------------------------------------------------------------------------------------------------
COMMONWEALTH EDISON CO CONV 202795FM7 15 15000 PRN DEFINED 15000
- ----------------------------------------------------------------------------------------------------------------------------------
DEVON ENERGY CORP NEW CONV 25179MAA1 1151 1172000 PRN DEFINED 58000 1114000
- ----------------------------------------------------------------------------------------------------------------------------------
FIELDCREST CONV 316549AB0 161 220000 PRN DEFINED 3000 217000
- ----------------------------------------------------------------------------------------------------------------------------------
HERCULES INC CONV 427056AK2 19 10000 PRN DEFINED 10000
- ----------------------------------------------------------------------------------------------------------------------------------
HEWLETT PACKARD CO CONV 428236AC7 1811 3000000 PRN SOLE 3000000
30364 50292000 PRN DEFINED 29636000 20656000
- ----------------------------------------------------------------------------------------------------------------------------------
HEWLETT PACKARD LYONS 144A CONV 428236aa1 8151 13500000 PRN DEFINED 3500000
- ----------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL PAPER CO CONV 460146AK9 21 20000 PRN DEFINED 20000
- ----------------------------------------------------------------------------------------------------------------------------------
MCCRORY CORP SF CONV 579865AJ5 1 13000 PRN DEFINED 13000
- ----------------------------------------------------------------------------------------------------------------------------------
MEDICAL CARE INTL INC CONV 584505AC5 13 15000 PRN DEFINED 15000
- ----------------------------------------------------------------------------------------------------------------------------------
NAT'L SEMICNDCTR CORP 144A CONV 637640AA1 3239 3305000 PRN DEFINED 3305000
- ----------------------------------------------------------------------------------------------------------------------------------
NATIONAL SEMICONDUTOR CORP CONV 637640AB9 980 1000000 PRN DEFINED 1000000
- ----------------------------------------------------------------------------------------------------------------------------------
NESTLE HLDGS INC CV CONV 525425 1002 830000 PRN DEFINED 640000 190000
- ----------------------------------------------------------------------------------------------------------------------------------
OFFICE DEPOT INC CONV 676220AB2 1180 1805000 PRN SOLE 1805000
127 195000 PRN DEFINED 195000
- ----------------------------------------------------------------------------------------------------------------------------------
PHILIP MORRIS COS CONV 718154BB2 10 10000 PRN DEFINED 10000
- ----------------------------------------------------------------------------------------------------------------------------------
RENAL TREATMENT CTRS INC CONV 759671AC4 468 722000 PRN SOLE 722000
51 78000 PRN DEFINED 78000
- ----------------------------------------------------------------------------------------------------------------------------------
RITE AID CORP CONV 767754AL8 1295 1582000 PRN SOLE 1582000
138 168000 PRN DEFINED 68000
- ----------------------------------------------------------------------------------------------------------------------------------
SECURITY CAP US REALTY FINANCE CONV 814136AA5 5118 6870000 PRN SOLE 6870000
380 510000 PRN DEFINED 510000
- ----------------------------------------------------------------------------------------------------------------------------------
SECURITY CAP. US RLTY 144A CONV 814136aa5 2656 3614000 PRN SOLE 3614000
7214 9815000 PRN DEFINED 395000 8420000
- ----------------------------------------------------------------------------------------------------------------------------------
TEXACO CAPITAL INC CONV U88168AE6 1315 1310000 PRN DEFINED 960000 350000
- ----------------------------------------------------------------------------------------------------------------------------------
TOTAL RENAL CARE HLDGS INC CONV 89151AAA5 165 253000 PRN SOLE 253000
18 27000 PRN DEFINED 27000
- ----------------------------------------------------------------------------------------------------------------------------------
WACHOVIA CORP CONV 929771AC7 19 20000 PRN DEFINED 20000
- ----------------------------------------------------------------------------------------------------------------------------------
WASTE MGMT INC DEL CONV 94106LAA7 10079 11325000 PRN DEFINED 300000 11025000
- ----------------------------------------------------------------------------------------------------------------------------------
WMX TECHNOLOGIES INC CONV 92929QAF4 2662 3256000 PRN SOLE 3256000
5186 6344000 PRN DEFINED 67000 3324000 2953000
- ----------------------------------------------------------------------------------------------------------------------------------
WORLD COLOR PRESS INC DEL CONV 981443AA2 1417 1342000 PRN SOLE 1342000
167 158000 PRN DEFINED 158000
- ----------------------------------------------------------------------------------------------------------------------------------
BELL ATLANTIC FINL 4.250% 09/1 FOR 07785gac4 1305 1231000 PRN SOLE 1231000
68 64000 PRN DEFINED 64000
- ----------------------------------------------------------------------------------------------------------------------------------
CROWN CORK & SEAL INC PFD CV 4 PFD 228255303 5348 239700 SH DEFINED 2900 236800
- ----------------------------------------------------------------------------------------------------------------------------------
GLOBALSTAR TELE PFD CV144 A PFD 379364508 4241 74000 SH DEFINED 13900 60100
- ----------------------------------------------------------------------------------------------------------------------------------
LORAL SPACE & COMM PFD CV C 6% PFD g56462149 19729 401600 SH DEFINED 123900 277700
- ----------------------------------------------------------------------------------------------------------------------------------
LORAL SPACE&COMMUNICTN PFD CON PFD 543885404 5649 115000 SH DEFINED 1200 113800
- ----------------------------------------------------------------------------------------------------------------------------------
NEWS CORP LTD SPN ADR PF A PFD 652487802 9310 348850 SH SOLE 348850
175161 6563421 SH DEFINED 03 3150 3156781 3403490
32 1200 SH OTHER 1200
- ----------------------------------------------------------------------------------------------------------------------------------
OWENS ILL INC PFD CONV $.01 PFD 690768502 675 20600 SH SOLE 20600
22195 677700 SH DEFINED 240400 437300
- ----------------------------------------------------------------------------------------------------------------------------------
TCI PAC COMMUNICATIONS PFD SR PFD 872294202 229 854 SH DEFINED 251 603
- ----------------------------------------------------------------------------------------------------------------------------------
1ST INVS FINL SVCS GRP COM COM 32058A101 2377 475400 SH SOLE 475400
- ----------------------------------------------------------------------------------------------------------------------------------
21ST CENTY HLDG CO COM COM 90136Q100 101 20000 SH DEFINED 20000
- ----------------------------------------------------------------------------------------------------------------------------------
7-ELEVEN INC COM COM 817826100 20 10000 SH DEFINED 10000
- ----------------------------------------------------------------------------------------------------------------------------------
ABACUS DIRECT CORP COM COM 002553105 6642 54500 SH SOLE 54500
829 6800 SH DEFINED 6800
- ----------------------------------------------------------------------------------------------------------------------------------
ABBOTT LABS COM 002824100 958 26100 SH DEFINED 300 25800
- ----------------------------------------------------------------------------------------------------------------------------------
ACE LTD ORD COM G0070K103 1024 60443 SH SOLE 60443
55438 3273064 SH DEFINED 03 1365694 1907370
13 750 SH OTHER 750
- ----------------------------------------------------------------------------------------------------------------------------------
ACKERLEY COMMUNICATION COM COM 004527107 135 11000 SH SOLE 11000
431 35000 SH DEFINED 35000
- ----------------------------------------------------------------------------------------------------------------------------------
ACME COMMUNICATION INC COM COM 004631107 821 26500 SH DEFINED 25200 1300
- ----------------------------------------------------------------------------------------------------------------------------------
ACTV INC COM COM 00088E104 606 43500 SH DEFINED 43500
- ----------------------------------------------------------------------------------------------------------------------------------
ADELPHIA COMMUNICATION CL A COM 006848105 794 13500 SH SOLE 13500
88 1500 SH DEFINED 1500
- ----------------------------------------------------------------------------------------------------------------------------------
ADVANTA CORP CL A COM 007942105 582 39800 SH SOLE 39800
61 4200 SH DEFINED 4200
- ----------------------------------------------------------------------------------------------------------------------------------
ADVANTA CORP CL B COM 007942204 489 41600 SH SOLE 41600
26 2200 SH DEFINED 2200
- ----------------------------------------------------------------------------------------------------------------------------------
AETNA COM 008117103 1017 20642 SH SOLE 20642
86464 1755614 SH DEFINED 03 25 869552 886037
16 320 SH OTHER 320
- ----------------------------------------------------------------------------------------------------------------------------------
ALBERTO CULVER CO CL A COM 013068200 423 21600 SH SOLE 21600
29 1500 SH DEFINED 1500
- ----------------------------------------------------------------------------------------------------------------------------------
ALCIDE CORP COM NEW COM 013742507 1 83 SH SOLE 83
444 35542 SH DEFINED 21908 13634
- ----------------------------------------------------------------------------------------------------------------------------------
ALCOA COM 013817101 220 3550 SH DEFINED 3100 450
- ----------------------------------------------------------------------------------------------------------------------------------
ALLEGHANY CORP DEL COM COM 017175100 233 1314 SH DEFINED 1314
- ----------------------------------------------------------------------------------------------------------------------------------
ALLEGHENY ENERGY INC COM COM 017361106 8729 273850 SH DEFINED 1000 272850
- ----------------------------------------------------------------------------------------------------------------------------------
ALLIED-SIGNAL INC. COM 019512102 2104 35110 SH DEFINED 13100 22010
- ----------------------------------------------------------------------------------------------------------------------------------
ALLMERICA FINL CORP COM COM 019754100 692 14527 SH DEFINED 8892 5635
- ----------------------------------------------------------------------------------------------------------------------------------
ALZA CORP COM 022615108 27939 652600 SH SOLE 652600
3087 72100 SH DEFINED 72100
- ----------------------------------------------------------------------------------------------------------------------------------
AMERADA HESS CORP COM 023551104 4814 78600 SH DEFINED 78600
- ----------------------------------------------------------------------------------------------------------------------------------
AMERICAN EXPRESS CO. COM 025816109 445 3300 SH SOLE 3300
17528 129834 SH DEFINED 33255 96579
27 200 SH OTHER 200
- ----------------------------------------------------------------------------------------------------------------------------------
AMERICAN HERIT LF INVT COM COM 026522102 2018 63550 SH SOLE 63550
238 7500 SH DEFINED 7500
- ----------------------------------------------------------------------------------------------------------------------------------
AMERICAN HOME PROD. COM 026609107 2224 53600 SH DEFINED 50000 3600
- ----------------------------------------------------------------------------------------------------------------------------------
AMERICAN INTL GROUP COM 026874107 267288 3074480 SH DEFINED 2898253 176227
- ----------------------------------------------------------------------------------------------------------------------------------
AMERITECH CORP COM 030954101 2710 40600 SH SOLE 40600
451 6760 SH DEFINED 4500 2260
- ----------------------------------------------------------------------------------------------------------------------------------
AMFM INC COM COM 001693100 5625 92600 SH SOLE 92600
42307 696404 SH DEFINED 03 1220 541272 153912
- ----------------------------------------------------------------------------------------------------------------------------------
AMR CORP COM 001765106 381 7000 SH SOLE 7000
91965 1687431 SH DEFINED 03 861662 825769
14 250 SH OTHER 250
- ----------------------------------------------------------------------------------------------------------------------------------
ANADARKO PETE CORP COM 032511107 653 21360 SH DEFINED 10240 11120
- ----------------------------------------------------------------------------------------------------------------------------------
ANHEUSER BUSCH COS COM 035229103 210 3000 SH SOLE 3000
51932 741230 SH DEFINED 10 414171 327049
- ----------------------------------------------------------------------------------------------------------------------------------
APCO OIL CORP. 8TH LIQUIDATION COM 024999955 0 3178 SH SOLE 3178
0 41517 SH DEFINED 14496 27021
- ----------------------------------------------------------------------------------------------------------------------------------
APPLIED MATLS INC COM COM 038222105 1104 14212 SH DEFINED 14012 200
- ----------------------------------------------------------------------------------------------------------------------------------
APPLIED POWER COM 038225108 1124 37000 SH DEFINED 37000
- ----------------------------------------------------------------------------------------------------------------------------------
ARACRUZ CELULOSE S A ADR COM 038496204 232 11100 SH DEFINED 11100
- ----------------------------------------------------------------------------------------------------------------------------------
ARIAD PHARMACEUTICALS COM COM 04033A100 10 13392 SH DEFINED 13392
- ----------------------------------------------------------------------------------------------------------------------------------
AT&T COM 001957109 9 211 SH SOLE 211
8298 190758 SH DEFINED 187502 3256
- ----------------------------------------------------------------------------------------------------------------------------------
AT&T CORP COM LIB GRP A COM 001957208 12287 329308 SH DEFINED 328742 566
- ----------------------------------------------------------------------------------------------------------------------------------
AT&T CORP COM LIB GRP B COM 001957307 391 9846 SH SOLE 9846
- ----------------------------------------------------------------------------------------------------------------------------------
ATLANTIC RICHFIELD COM 048825103 27385 309000 SH SOLE 309000
2921 32962 SH DEFINED 32962
- ----------------------------------------------------------------------------------------------------------------------------------
ATLANTICA DEL GOLFO SUGAR COM 049141104 0 2989 SH SOLE 2989
0 72751 SH DEFINED 53762 18989
- ----------------------------------------------------------------------------------------------------------------------------------
AVATAR HOLDINGS INC COM 053494100 562 29575 SH DEFINED 28575 1000
- ----------------------------------------------------------------------------------------------------------------------------------
AVIVA PETE INC DEP SH REP5COM COM 05379P304 1 12180 SH SOLE 12180
- ----------------------------------------------------------------------------------------------------------------------------------
AXA FINL INC COM COM 002451102 6112 109513 SH DEFINED 890 57025 51598
- ----------------------------------------------------------------------------------------------------------------------------------
BAKER FENTRESS & CO COM 057213100 52595 3773660 SH SOLE 3773660
275 19765 SH DEFINED 19765
- ----------------------------------------------------------------------------------------------------------------------------------
BANC ONE CORP. COM 06423A103 202 5800 SH SOLE 5800
36 1044 SH DEFINED 660 384
- ----------------------------------------------------------------------------------------------------------------------------------
BANK NEW YORK INC COM 064057102 826 24703 SH SOLE 24703
115229 3446115 SH DEFINED 03 4000 1873033 1569082
- ----------------------------------------------------------------------------------------------------------------------------------
BANK OF BOSTON CORP COM 06605R106 3166 73000 SH SOLE 73000
438 10100 SH DEFINED 10100
- ----------------------------------------------------------------------------------------------------------------------------------
BANKAMERICA CORP NEW COM COM 060505104 677 12158 SH DEFINED 600 11558
- ----------------------------------------------------------------------------------------------------------------------------------
BANYAN SYS INC COM 066908104 96 10000 SH SOLE 10000
- ----------------------------------------------------------------------------------------------------------------------------------
BAXTER INTL INC COM 071813109 155 2575 SH SOLE 2575
3169 52591 SH DEFINED 650 41707 10234
- ----------------------------------------------------------------------------------------------------------------------------------
BCE CORP. COM 05534B109 1606 32232 SH DEFINED 31732 500
- ----------------------------------------------------------------------------------------------------------------------------------
BECTON DICKINSON COM 075887109 230 8200 SH SOLE 8200
10191 363152 SH DEFINED 1400 152602 209150
- ----------------------------------------------------------------------------------------------------------------------------------
BELCO OIL & GAS CORP COM COM 077410108 100 14820 SH DEFINED 1300 13050 470
- ----------------------------------------------------------------------------------------------------------------------------------
BELL ATLANTIC CORP COM 077853109 714 10600 SH SOLE 10600
185035 2748890 SH DEFINED 03 768 1393577 1354545
- ----------------------------------------------------------------------------------------------------------------------------------
BELLSOUTH CORP COM 079860102 558 12400 SH SOLE 12400
169905 3775674 SH DEFINED 03 1766833 2008841
9 200 SH OTHER 200
- ----------------------------------------------------------------------------------------------------------------------------------
BERKLEY W R CORP COM COM 084423102 704 30603 SH SOLE 30603
- ----------------------------------------------------------------------------------------------------------------------------------
BERKSHIRE HATHAWAY INC CL B COM 084670207 393 212 SH DEFINED 212
- ----------------------------------------------------------------------------------------------------------------------------------
BIG FLOWER PRESS HLDGS COM COM 089159107 2472 87300 SH SOLE 87300
283 10003 SH DEFINED 10003
- ----------------------------------------------------------------------------------------------------------------------------------
BIOGEN INC. COM 090597105 2906 36868 SH DEFINED 4000 32868
- ----------------------------------------------------------------------------------------------------------------------------------
BIORELIANCE CORP COM COM 090951104 78 12443 SH DEFINED 12443
- ----------------------------------------------------------------------------------------------------------------------------------
BLACK & DECKER CORP COM COM 091797100 457 10000 SH SOLE 10000
114947 2515946 SH DEFINED 03 1202105 1313841
19 425 SH OTHER 425
- ----------------------------------------------------------------------------------------------------------------------------------
BOC GROUP PLC SPONSORED ADR COM 055617609 296 7100 SH DEFINED 7100
- ----------------------------------------------------------------------------------------------------------------------------------
BOC GROUP SWAP 6 COM box 12327 295701 SH SOLE 295701
1119 26850 SH DEFINED 26850
- ----------------------------------------------------------------------------------------------------------------------------------
BOC GROUP SWAP 7 COM box 1409 33800 SH SOLE 33800
92 2200 SH DEFINED 2200
- ----------------------------------------------------------------------------------------------------------------------------------
BOEING CO COM 097023105 34 800 SH SOLE 800
2348 55076 SH DEFINED 55076
- ----------------------------------------------------------------------------------------------------------------------------------
BP AMOCO P L C SPONSORED ADR COM 055622104 9568 86341 SH DEFINED 68381 17960
- ----------------------------------------------------------------------------------------------------------------------------------
BRISTOL MYERS-SQUIBB COM 110122108 4706 69712 SH DEFINED 55360 14352
- ----------------------------------------------------------------------------------------------------------------------------------
BURLINGTON NRTHN SANTA COM COM 12189t104 1019 37050 SH DEFINED 800 36250
- ----------------------------------------------------------------------------------------------------------------------------------
BURLINGTON RES INC COM 122014103 37 1000 SH SOLE 1000
7205 196044 SH DEFINED 522 77949 117573
- ----------------------------------------------------------------------------------------------------------------------------------
CABLE DESIGN TECH CORP COM COM 126924109 228 10000 SH SOLE 10000
- ----------------------------------------------------------------------------------------------------------------------------------
CANADIAN NATL RY CO COM COM 136375102 236 7800 SH DEFINED 7800
- ----------------------------------------------------------------------------------------------------------------------------------
CANTEL INDUSTRIES, INC. COM 138098108 200 40000 SH DEFINED 40000
- ----------------------------------------------------------------------------------------------------------------------------------
CAPITOL FED FINL COM COM 14057C106 498 50000 SH SOLE 50000
- ----------------------------------------------------------------------------------------------------------------------------------
CAREMATRIX CORP COM COM 141706101 104 20000 SH SOLE 20000
- ----------------------------------------------------------------------------------------------------------------------------------
CARVERN INTERNATIONAL COM 0 27200 SH DEFINED 27200
- ----------------------------------------------------------------------------------------------------------------------------------
CATELLUS DEV CORP COM 149111106 1601 136238 SH DEFINED 4414 131824
- ----------------------------------------------------------------------------------------------------------------------------------
CATERPILLAR INC COM 149123101 153 2800 SH SOLE 2800
493 9000 SH DEFINED 9000
- ----------------------------------------------------------------------------------------------------------------------------------
CCC INFO SVCS GROUP COM COM 12487Q109 22 1651 SH SOLE 1651
9537 723217 SH DEFINED 391929 331288
- ----------------------------------------------------------------------------------------------------------------------------------
CENTENNIAL HEALTHCARE COM COM 150937100 338 117700 SH SOLE 117700
64 22300 SH DEFINED 22300
- ----------------------------------------------------------------------------------------------------------------------------------
CENTOCOR INC COM 152342101 16983 290000 SH SOLE 290000
1815 31000 SH DEFINED 31000
- ----------------------------------------------------------------------------------------------------------------------------------
CENTURY COMMUNICATIONS CL A COM 156503104 9914 217300 SH SOLE 217300
1072 23500 SH DEFINED 23500
- ----------------------------------------------------------------------------------------------------------------------------------
CFS BANCORP INC COM COM 12525D102 209 20000 SH SOLE 20000
- ----------------------------------------------------------------------------------------------------------------------------------
CHAMPION INTL CORP COM 158525105 394 7673 SH SOLE 7673
3517 68449 SH DEFINED 913 40926 26610
- ----------------------------------------------------------------------------------------------------------------------------------
CHASE MANHATTAN NEW COM COM 16161A108 277 3676 SH SOLE 3676
6616 87776 SH DEFINED 23812 63964
- ----------------------------------------------------------------------------------------------------------------------------------
CHEVRON CORPORATION COM 166751107 160 1800 SH SOLE 1800
69947 788135 SH DEFINED 03 365145 422990
- ----------------------------------------------------------------------------------------------------------------------------------
CHRIS CRAFT INDS INC COM 170520100 2460 43832 SH DEFINED 67 37693 6072
- ----------------------------------------------------------------------------------------------------------------------------------
CISCO SYS INC COM COM 17275R102 529 7710 SH DEFINED 760 6950
- ----------------------------------------------------------------------------------------------------------------------------------
CITIGROUP INC COM COM 172967101 610 13875 SH SOLE 13875
18710 425227 SH DEFINED 3450 361455 60322
- ----------------------------------------------------------------------------------------------------------------------------------
CLINICHEM DEV INC CL A COM 186906103 918 118500 SH SOLE 118500
99 12800 SH DEFINED 12800
- ----------------------------------------------------------------------------------------------------------------------------------
CMP GROUP INC COM COM 125887109 2334 88500 SH SOLE 88500
266 10100 SH DEFINED 10100
- ----------------------------------------------------------------------------------------------------------------------------------
CMS ENERGY CORP COM 125896100 221 6500 SH DEFINED 6500
- ----------------------------------------------------------------------------------------------------------------------------------
CMS ENERGY CORP COM CL G COM 125896209 5844 248700 SH SOLE 248700
620 26400 SH DEFINED 26400
- ----------------------------------------------------------------------------------------------------------------------------------
CNA FINL CORP COM 126117100 8335 238150 SH DEFINED 03 197150 41000
- ----------------------------------------------------------------------------------------------------------------------------------
COASTLAND CORP FLA COM PAR $0. COM 190580308 0 20216 SH DEFINED 6055 14161
- ----------------------------------------------------------------------------------------------------------------------------------
COCA COLA CO COM 191216100 1108 22958 SH SOLE 22958
42252 875690 SH DEFINED 03 3200 500270 372220
24 500 SH OTHER 500
- ----------------------------------------------------------------------------------------------------------------------------------
COHOES BANCORP INC COM COM 192513109 116 10020 SH SOLE 10020
- ----------------------------------------------------------------------------------------------------------------------------------
COLGATE PALMOLIVE CO COM 194162103 851 18600 SH DEFINED 18600
- ----------------------------------------------------------------------------------------------------------------------------------
COLUMBIA/HCA HLTHCARE COM 197677107 32 1500 SH SOLE 1500
2174 102600 SH DEFINED 102600
- ----------------------------------------------------------------------------------------------------------------------------------
COMCAST CORP CL A COM 200300200 508 12730 SH DEFINED 12730
- ----------------------------------------------------------------------------------------------------------------------------------
COMM INTELLIGENCE NEW COM COM 20338K106 33 25476 SH DEFINED 25476
- ----------------------------------------------------------------------------------------------------------------------------------
COMPAQ COMPUTER CORP COM 204493100 272 11900 SH SOLE 11900
90221 3944089 SH DEFINED 03 1638112 2305977
23 1000 SH OTHER 1000
- ----------------------------------------------------------------------------------------------------------------------------------
COMSAT CORP SER 1 COM 20564D107 2309 77957 SH SOLE 77957
258 8708 SH DEFINED 8708
- ----------------------------------------------------------------------------------------------------------------------------------
CONCURRENT COMPUTER COM 206710204 68 10000 SH DEFINED 10000
- ----------------------------------------------------------------------------------------------------------------------------------
CONNING CORP COM COM 208215103 674 58600 SH SOLE 58600
75 6500 SH DEFINED 6500
- ----------------------------------------------------------------------------------------------------------------------------------
CONOCO INC CL A COM 208251306 5861 211200 SH SOLE 211200
81208 2926409 SH DEFINED 03 1970725 955684
- ----------------------------------------------------------------------------------------------------------------------------------
CONOCO INC CL B COM 208251405 1444 52766 SH SOLE 52766
4011 146520 SH DEFINED 20261 126259
- ----------------------------------------------------------------------------------------------------------------------------------
CONSOLIDATED TOMOKA COM 210226106 3859 285885 SH SOLE 285885
0 1 SH DEFINED 1
- ----------------------------------------------------------------------------------------------------------------------------------
CORDANT TECHNOLOGIES COM COM 218412104 889 29200 SH SOLE 29200
1531 50300 SH DEFINED 50300
- ----------------------------------------------------------------------------------------------------------------------------------
CORNING INC COM 219350105 1275 18600 SH DEFINED 1300 17300
- ----------------------------------------------------------------------------------------------------------------------------------
COUNTRYWIDE CR IND DEL COM COM 222372104 368 11400 SH SOLE 11400
- ----------------------------------------------------------------------------------------------------------------------------------
CRESCENT REAL ESTATE COM 225756105 162 9000 SH SOLE 9000
2786 154800 SH DEFINED 154800
- ----------------------------------------------------------------------------------------------------------------------------------
CRIIMI MAE INC COM COM 226603108 219 105994 SH SOLE 105994
3 1600 SH DEFINED 1600
- ----------------------------------------------------------------------------------------------------------------------------------
CTG RES INC COM COM 125957100 4963 140300 SH SOLE 140300
555 15700 SH DEFINED 15700
- ----------------------------------------------------------------------------------------------------------------------------------
CUMULUS MEDIA INC CL A COM 231082108 229 7000 SH SOLE 7000
- ----------------------------------------------------------------------------------------------------------------------------------
CYPRUS AMAX MINERALS COM COM 232809103 294 15000 SH SOLE 15000
- ----------------------------------------------------------------------------------------------------------------------------------
DAISYTEK INTL CORP COM COM 234053106 963 68500 SH SOLE 68500
98 7000 SH DEFINED 7000
- ----------------------------------------------------------------------------------------------------------------------------------
DAVE & BUSTERS INC COM COM 23833N104 298 25000 SH DEFINED 25000
- ----------------------------------------------------------------------------------------------------------------------------------
DAYTON HUDSON CORP COM COM 239753106 306 5100 SH SOLE 5100
71302 1187133 SH DEFINED 03 608348 578785
- ----------------------------------------------------------------------------------------------------------------------------------
DIAMOND OFFSHORE DRILL COM COM 25271C102 254 7608 SH DEFINED 2608 5000
- ----------------------------------------------------------------------------------------------------------------------------------
DIME BANCORP INC NEW COM COM 25429Q102 175 10000 SH DEFINED 10000
- ----------------------------------------------------------------------------------------------------------------------------------
DISNEY WALT CO COM 254687106 283 10900 SH SOLE 10900
31101 1196189 SH DEFINED 03 876750 319439
- ----------------------------------------------------------------------------------------------------------------------------------
DOLE FOOD INC COM COM 256605106 419 22061 SH DEFINED 22061
- ----------------------------------------------------------------------------------------------------------------------------------
DONALDSON LUFKN&JEN NW COM COM 257661108 593 15000 SH DEFINED 15000
- ----------------------------------------------------------------------------------------------------------------------------------
DOUBLECLICK INC COM COM 258609304 2436 20450 SH SOLE 20450
363 3050 SH DEFINED 3050
- ----------------------------------------------------------------------------------------------------------------------------------
DOW JONES & CO INC COM 260561105 2345 43940 SH DEFINED 35200 8740
- ----------------------------------------------------------------------------------------------------------------------------------
DU PONT E I DE NEMOURS COM 263534109 1233 20376 SH DEFINED 4260 16116
- ----------------------------------------------------------------------------------------------------------------------------------
DUN & BRADSTREET DEL COM COM 26483B106 15 504 SH SOLE 504
1719 57540 SH DEFINED 900 32940 23700
- ----------------------------------------------------------------------------------------------------------------------------------
EASTERN UTILS ASSOC COM COM 277173100 9446 316200 SH SOLE 316200
9542 319400 SH DEFINED 39600 279800
- ----------------------------------------------------------------------------------------------------------------------------------
EATON VANCE CORP COM 278265103 883 27600 SH DEFINED 27600
- ----------------------------------------------------------------------------------------------------------------------------------
EG & G INC COM COM 268457108 199 5000 SH SOLE 5000
28097 706842 SH DEFINED 54713 652129
- ----------------------------------------------------------------------------------------------------------------------------------
ELECTRONICS FOR IMAGNG COM COM 286082102 308 6000 SH DEFINED 6000
- ----------------------------------------------------------------------------------------------------------------------------------
ENRON CORP COM COM 293561106 205 5000 SH SOLE 5000
- ----------------------------------------------------------------------------------------------------------------------------------
EQUITABLE RES INC COM COM 294549100 151 4000 SH SOLE 4000
12100 320000 SH DEFINED 320000
- ----------------------------------------------------------------------------------------------------------------------------------
EQUITY OFFICE PPTYS TR COM COM 294741103 6452 277500 SH DEFINED 277500
- ----------------------------------------------------------------------------------------------------------------------------------
EQUITY RESIDENT PPTYS SH BEN I COM 29476L107 12843 303070 SH DEFINED 45 62525 240500
- ----------------------------------------------------------------------------------------------------------------------------------
EXCEL LEGACY CORP COM COM 300665106 42 10000 SH SOLE 10000
63 15000 SH DEFINED 15000
- ----------------------------------------------------------------------------------------------------------------------------------
EXXON CORP COM 302290101 3625 47700 SH SOLE 47700
5488 72213 SH DEFINED 41900 30313
- ----------------------------------------------------------------------------------------------------------------------------------
FEDERAL NAT MORTGAGE ASSN COM 313586109 1031 16450 SH DEFINED 1500 14950
- ----------------------------------------------------------------------------------------------------------------------------------
FIRST AMER CORP TENN COM COM 318900107 1373 31300 SH SOLE 31300
162 3700 SH DEFINED 3700
- ----------------------------------------------------------------------------------------------------------------------------------
FIRST DATA CORP COM COM 319963104 2243 51118 SH SOLE 51118
196917 4488143 SH DEFINED 03 15 2132775 2355353
48 1100 SH OTHER 1100
- ----------------------------------------------------------------------------------------------------------------------------------
FIRST UN CORP COM COM 337358105 195 5465 SH SOLE 5465
90 2520 SH DEFINED 800 1720
- ----------------------------------------------------------------------------------------------------------------------------------
FISHER SCIENTIFIC INTL COM COM 338032105 161 7500 SH SOLE 7500
117 5465 SH DEFINED 5465
- ----------------------------------------------------------------------------------------------------------------------------------
FLEET FINL GROUP INC COM 338915101 18 500 SH SOLE 500
1201 32800 SH DEFINED 8000 24800
- ----------------------------------------------------------------------------------------------------------------------------------
FLOWERS INDS INC COM COM 343496105 203 15000 SH SOLE 15000
- ----------------------------------------------------------------------------------------------------------------------------------
FORD MOTOR COM 345370100 251 5000 SH SOLE 5000
62106 1235946 SH DEFINED 03 600025 635921
- ----------------------------------------------------------------------------------------------------------------------------------
FOUNDATION HEALTH SYS COM COM 350404109 351 37225 SH DEFINED 37225
- ----------------------------------------------------------------------------------------------------------------------------------
FOX ENTMT GROUP INC CL A COM 35138T107 310 14700 SH SOLE 14700
52866 2509973 SH DEFINED 03 1667394 842579
- ----------------------------------------------------------------------------------------------------------------------------------
FUJI PHOTO FILM LTD COM 359586302 295 8725 SH DEFINED 3400 5325
- ----------------------------------------------------------------------------------------------------------------------------------
FURON CO COM COM 361106107 1125 45100 SH SOLE 45100
122 4900 SH DEFINED 4900
- ----------------------------------------------------------------------------------------------------------------------------------
GANNETT INC DEL COM 364730101 125 1800 SH SOLE 1800
1205 17416 SH DEFINED 13600 3816
- ----------------------------------------------------------------------------------------------------------------------------------
GENERAL AMER INVS COM 368802104 738 22672 SH SOLE 22672
1406 43186 SH DEFINED 43186
- ----------------------------------------------------------------------------------------------------------------------------------
GENERAL ELECTRIC CO COM 369604103 581 4900 SH SOLE 4900
199309 1681049 SH DEFINED 03 774539 906510
47 400 SH OTHER 400
- ----------------------------------------------------------------------------------------------------------------------------------
GENERAL INSTR CORP NEW COM 370120107 10306 214700 SH SOLE 214700
1224 25500 SH DEFINED 25300 200
- ----------------------------------------------------------------------------------------------------------------------------------
GENERAL MOTORS CORP COM 370442105 1245 19784 SH DEFINED 9925 9859
- ----------------------------------------------------------------------------------------------------------------------------------
GENERAL MTR CL H COM 370442832 218 3800 SH SOLE 3800
172 3000 SH DEFINED 3000
- ----------------------------------------------------------------------------------------------------------------------------------
GENESYS TELECOMMN LABS COM COM 371931106 416 9100 SH SOLE 9100
41 900 SH DEFINED 900
- ----------------------------------------------------------------------------------------------------------------------------------
GERON CORP COM COM 374163103 282 26900 SH SOLE 26900
892 85000 SH DEFINED 3000 50000 32000
- ----------------------------------------------------------------------------------------------------------------------------------
GILAT SATELLITE NETWRK ORD COM M51474100 205 3814 SH DEFINED 3814
- ----------------------------------------------------------------------------------------------------------------------------------
GILLETTE CO COM 375766102 129 3800 SH SOLE 3800
36711 1081736 SH DEFINED 03 497378 584358
- ----------------------------------------------------------------------------------------------------------------------------------
GLAXO HLDGS PLC SP ADRH COM 37733W105 336 6466 SH DEFINED 5166 1300
- ----------------------------------------------------------------------------------------------------------------------------------
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GRAHAM FIELD HEALTH PR COM COM 384632105 4 10000 SH DEFINED 10000
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GTE CORP. COM 362320103 545 7084 SH DEFINED 7084
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HEINZ H J CO COM 423074103 279 6500 SH DEFINED 1200 5300
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HEWLETT PACKARD CO COM COM 428236103 1237 13630 SH DEFINED 8350 5280
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HOLLINGER SPECIAL SHARES (W/I) COM 435903109 3907 459700 SH SOLE 459700
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156 1400 SH DEFINED 1400
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HOWMET INTERNATIONAL COM COM 443208103 2268 162000 SH SOLE 162000
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HUMANA INC COM 444859102 1203 175000 SH DEFINED 175000
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IGENE BIOTECHNOLOGY INC COM 451695100 5 62853 SH SOLE 62853
37 434364 SH DEFINED 272643 161721
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INTERPUBLIC GROUP COS COM COM 460690100 316 7680 SH DEFINED 7680
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188 12400 SH DEFINED 12400
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LOCKHEED MARTIN CORP COM COM 539830109 457 13990 SH DEFINED 50 5820 8120
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NEW ENGLAND ELEC SYS COM COM 644001109 11807 227600 SH SOLE 227600
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NIELSEN MEDIA RESH INC COM COM 653929307 1224 32903 SH DEFINED 21452 11451
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NORTH FORK BANCORP NY COM 659424105 366 18750 SH DEFINED 18750
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NTL INC COM COM 629407107 7561 78679 SH DEFINED 445 34445 43789
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NY ROYAL DUTCH PETE GLDR 5 COM 780257705 558 9456 SH DEFINED 1200 8256
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OLSTEN CORP COM COM 681385100 1027 98411 SH DEFINED 98411
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OMNIPOINT CORP COM COM 68212D102 1632 29200 SH SOLE 29200
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2617 73200 SH DEFINED 73200
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PARTNERRE LTD COM COM G6852T105 860 24756 SH SOLE 24756
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325 13700 SH DEFINED 13700
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13 300 SH OTHER 300
- ----------------------------------------------------------------------------------------------------------------------------------
XL CAP LTD CL A COM G98255105 1309 29088 SH SOLE 29088
104913 2331398 SH DEFINED 03 1082271 1249127
- ----------------------------------------------------------------------------------------------------------------------------------
YANKEE ENERGY SYS INC COM COM 984779108 6800 159300 SH SOLE 159300
773 18100 SH DEFINED 18100
- ----------------------------------------------------------------------------------------------------------------------------------
ROCHE HLDGS AG GENUSSCHEINE NP FOR 474577 1875 162 SH DEFINED 162
- ----------------------------------------------------------------------------------------------------------------------------------
COMSTOCK PARTNERS CAPITAL VALU MUTFD 205763501 286 83086.110SH SOLE 83086.110
- ----------------------------------------------------------------------------------------------------------------------------------
MAINSTAY FDS RESEARCH VAL A MUTFD 56062F582 224 20202.020SH SOLE 20202.020
4 374.530 SH DEFINED 374.530
- ----------------------------------------------------------------------------------------------------------------------------------
OPPENHEIMER QTS CP VAL CL A MUTFD 68381A103 383 12164.715SH DEFINED 12164.715
- ----------------------------------------------------------------------------------------------------------------------------------
PUTNAM TAX EXEMPT INCM SH BEN MUTFD 746870104 153 17800.208SH DEFINED 17800.208
- ----------------------------------------------------------------------------------------------------------------------------------
SIT MID CAP GROWTH FUND INC MUTFD 829796101 562 37131.720SH SOLE 37131.720
- ----------------------------------------------------------------------------------------------------------------------------------
SIT NEW BEGINNING GROWTH & INC MUTFD 829797109 308 5977.569 SH SOLE 5977.569
- ----------------------------------------------------------------------------------------------------------------------------------
VANGUARD FXD INC SECS SHR TRM MUTFD 922031406 251 23687.369SH DEFINED 23687.369
- ----------------------------------------------------------------------------------------------------------------------------------
FAIRFAX RIGHTS RIGHT 303901110 67 1115042 SH SOLE 1115042
15 244100 SH DEFINED 244100
- ----------------------------------------------------------------------------------------------------------------------------------
IGENE BIOTECHNOLOGY WT EXP 03 WT 451695142 1 33940 SH SOLE 33940
5 234555 SH DEFINED 147226 87329
- ----------------------------------------------------------------------------------------------------------------------------------
JACOR COMMUNICATIONS WT EXP 0 WT 469858138 1221 87200 SH SOLE 87200
154 11000 SH DEFINED 11000
- ----------------------------------------------------------------------------------------------------------------------------------
LIGAND PHARMACEUTICALS WT B EX WT 53220K116 18 8000 SH SOLE 8000
9 3800 SH DEFINED 3800
- ----------------------------------------------------------------------------------------------------------------------------------
DU PONT E I 10/70 PUT PUT 33299H996 324 360 SH PUT SOLE 360
36 40 SH PUT DEFINED 40
- ----------------------------------------------------------------------------------------------------------------------------------
GLOBAL CROSS 10/60 PUT PUT 3B599K766 894 269 SH PUT SOLE 269
103 31 SH PUT DEFINED 31
- ----------------------------------------------------------------------------------------------------------------------------------
GLOBAL CROSS 10/35 PUT PUT 3B599K501 2078 2246 SH PUT SOLE 2246
221 239 SH PUT DEFINED 239
- ----------------------------------------------------------------------------------------------------------------------------------
GLOBAL CROSS 10/40 PUT PUT 3B599K576 642 467 SH PUT SOLE 467
74 54 SH PUT DEFINED 54
- ----------------------------------------------------------------------------------------------------------------------------------
S&P 500 INDEX 10/1325 PUT PUT 6D499R773 320 70 SH PUT SOLE 70
- ----------------------------------------------------------------------------------------------------------------------------------
S&P 500 INDEX 12/1300 PUT PUT 64699D277 1550 272 SH PUT DEFINED 20 25 2
</TABLE>
