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Previous: NATIONAL REALTY L P, SC 13D, 1994-08-10 |
Next: PUTNAM NEW YORK TAX EXEMPT MONEY MARKET FUND, N-30D, 1994-08-10 |
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<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 06/30/94
Institutional Investment Manager:
IDS FINANCIAL CORPORATION
IDS TOWER-10
MINNEAPOLIS MN 55440-0010
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION
IN THIS FORM AND THE ATTACHMENTS TO IT IS TRUE, CORRECT AND COMPLETE, AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL
PARTS OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT
ALL UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND
COMPLETE AS PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
LOUIS C. FORNETTI SR. V.P.-CORP. CONTROLLER (612) 671-2680
Signature, Place and Date of Signing:
/s/ LOUIS C. FORNETTI MINNEAPOLIS MN 07/21/94
Other Managers on Whose Behalf this Report is Filed:
01 AMERICAN EXPRESS COMPANY 028-00698
34 AMERICAN PARTNERS LIFE
02 IDS ADVISORY GROUP, INC. 028-02069
03 IDS BANK & TRUST 028-01151
04 IDS BOND FUND, INC. 028-00192
05 IDS CERTIFICATE COMPANY 028-00140
06 IDS DISCOVERY FUND, INC. 028-01075
07 IDS DIVERSIFIED EQUITY INCOME FUND
08 IDS EQUITY PLUS FUND, INC. 028-00196
09 IDS EXTRA INCOME FUND, INC. 028-01411
35 IDS GLOBAL GROWTH FUND
10 IDS GLOBAL SERIES, INC. 028-02589
11 IDS GROWTH FUND, INC. 028-00194
12 IDS INTERNATIONAL FUND, INC. 028-01547
13 IDS INVESTMENT SERIES, INC. 028-00199
14 IDS LIFE AGGRES. GROWTH FUND, INC.
15 IDS LIFE CAPITAL RESOURCE FUND, INC. 028-01131
16 IDS LIFE INSURANCE COMPANY 028-00143
17 IDS LIFE INTL EQUITY FUND, INC.
18 IDS LIFE MANAGED FUND, INC. 028-01837
19 IDS LIFE SERIES FUND, INC.- EQUITY PORTFOLIO 028-01835
<PAGE> PAGE 2
20 IDS LIFE SERIES FUND, INC.-MANAGED PORTFOLIO 028-01835
21 IDS LIFE SPECIAL INCOME FUND, INC. 028-02178
22 IDS LIFE VARIABLE ANNUITY FUND A 028-00144
23 IDS LIFE VARIABLE ANNUITY FUND B 028-00145
24 IDS MANAGED RETIREMENT FUND, INC. 028-01546
25 IDS MARKET ADVANTAGE SERIES, INC. 028-02748
26 IDS NEW DIMENSIONS FUND, INC. 028-00198
27 IDS PRECIOUS METALS FUND, INC. 028-01578
28 IDS PROGRESSIVE FUND, INC. 028-00193
29 IDS SELECTIVE FUND, INC. 028-00197
30 IDS STOCK FUND, INC. 028-00195
31 IDS STRATEGY FUND, INC. 028-01473
32 IDS UTILITIES INCOME FUND, INC. 028-02374
33 SHEARSON INSURANCE - MARKETING REINSURANCE CO.
<PAGE> PAGE 3
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ACE LIMITED COM G0070K103 7388 300000 SH DEFINED 0108 300000
ACE LIMITED COM G0070K103 6895 280000 SH DEFINED 0124 280000
ACE LIMITED COM G0070K103 14775 600000 SH DEFINED 011516 600000
EK CHOR CHINA COM G29526103 2520 120000 SH DEFINED 0106 120000
EK CHOR CHINA COM G29526103 6300 300000 SH DEFINED 0111 300000
EK CHOR CHINA COM G29526103 1890 90000 SH DEFINED 0124 90000
EK CHOR CHINA COM G29526103 1155 55000 SH DEFINED 011619 55000
EK CHOR CHINA COM G29526103 3150 150000 SH DEFINED 011614 150000
EK CHOR CHINA COM G29526103 7134 339700 SH DEFINED 0102 339700
EK CHOR CHINA COM G29526103 153 7300 SH DEFINED 0103 7300
ORTHOFIX INTL COM N6748L102 2783 265000 SH DEFINED 0128 265000
PANAMERICAN BEV COM P74823108 1086 45000 SH DEFINED 0128 45000
PANAMERICAN BEV COM P74823108 2413 100000 SH DEFINED 0124 100000
PANAMERICAN BEV COM P74823108 121 5000 SH DEFINED 01 5000
ADC TELECOM COM 000886101 2013 50000 SH DEFINED 0106 50000
ADC TELECOM COM 000886101 2616 65000 SH DEFINED 011614 65000
ADC TELECOM COM 000886101 8037 199700 SH DEFINED 0102 199700
ADC TELECOM COM 000886101 3055 75900 SH DEFINED 0131 75900
ADC TELECOM COM 000886101 95 2350 SH DEFINED 0103 2350
AER ENERGY COM 000944108 1050 200000 SH DEFINED 011614 200000
ALC COMMUNICATIONS I COM 001575307 3383 110000 SH DEFINED 0106 110000
ALC COMMUNICATIONS I COM 001575307 3601 117100 SH DEFINED 011614 117100
ALC COMMUNICATIONS I COM 001575307 13877 451250 SH DEFINED 0102 451250
ALC COMMUNICATIONS I COM 001575307 5304 172500 SH DEFINED 0131 172500
ALC COMMUNICATIONS I COM 001575307 224 7300 SH DEFINED 0103 7300
AMLI COM 001735109 7525 350000 SH DEFINED 0113 350000
AMR CORP DEL COM 001765106 1490 25100 SH DEFINED 0125 25100
AMR CORP DEL COM 001765106 73638 1240110 SH DEFINED 0102 425750 814360
AMR CORP DEL COM 001765106 2791 47003 SH DEFINED 0103 33900 13103
AMR CORP DEL COM 001765106 7363 124000 SH DEFINED 01 124000
AMR CORP 144A $50 CONV PFD STOCK 001765882 19856 450000 SH DEFINED 0113 450000
AMR CORP 144A $50 CONV PFD STOCK 001765882 5516 125000 SH DEFINED 0107 125000
AMR CORP 144A $50 CONV PFD STOCK 001765882 8825 200000 SH DEFINED 011516 200000
AMR CORP 144A $50 CONV PFD STOCK 001765882 5295 120000 SH DEFINED 011618 120000
AMR CORP 144A $50 CONV PFD STOCK 001765882 4413 100000 SH DEFINED 0131 100000
ARCO CHEMICAL CO COM 001920107 26091 575000 SH DEFINED 0113 575000
ARCO CHEMICAL CO COM 001920107 6806 150000 SH DEFINED 0107 150000
ARCO CHEMICAL CO COM 001920107 9642 212500 SH DEFINED 0131 212500
ARCO CHEMICAL CO COM 001920107 476 10500 SH DEFINED 0103 10500
APS HOLDING CORP -C COM 001937101 1988 100000 SH DEFINED 0106 100000
AT&T CORPORATION CVT CONV BOND 001957AN9 5000 5000000 PRN DEFINED 011618 5000000
AT&T CORP COM 001957109 5438 100000 SH DEFINED 0132 100000
AT&T CORP COM 001957109 377 6932 SH DEFINED 0102 6932
AT&T CORP COM 001957109 2400 44130 SH DEFINED 0103 44130
ABBOTT LABS COM 002824100 9425 325000 SH DEFINED 0108 325000
ABBOTT LABS COM 002824100 20300 700000 SH DEFINED 0126 700000
ABBOTT LABS COM 002824100 14500 500000 SH DEFINED 0124 500000
ABBOTT LABS COM 002824100 319 11000 SH DEFINED 0125 11000
ABBOTT LABS COM 002824100 6670 230000 SH DEFINED 011618 230000
ABBOTT LABS COM 002824100 21047 725766 SH DEFINED 0102 331225 394541
<PAGE> PAGE 4
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ABBOTT LABS COM 002824100 1813 62514 SH DEFINED 0103 30700 31814
ADAPTEC INC COM 00651F108 1663 95000 SH DEFINED 011620 95000
ADOBE SYSTEMS INC COM 00724F101 4088 150000 SH DEFINED 0106 150000
ADOBE SYSTEMS INC COM 00724F101 1090 40000 SH DEFINED 011619 40000
ADOBE SYSTEMS INC COM 00724F101 5314 195000 SH DEFINED 011614 195000
ADOBE SYSTEMS INC COM 00724F101 14 500 SH DEFINED 0102 500
ADOBE SYSTEMS INC COM 00724F101 2453 90000 SH DEFINED 0131 90000
ADOBE SYSTEMS INC COM 00724F101 202 7400 SH DEFINED 0103 7400
ADVANCED TISSUE SCI COM 00755F103 666 150000 SH DEFINED 011614 150000
ADVOCAT COM 007586100 1574 185200 SH DEFINED 0106 185200
ADVOCAT COM 007586100 595 70000 SH DEFINED 011619 70000
ADVOCAT COM 007586100 1805 212300 SH DEFINED 011614 212300
ADVANCED MICRO DEV COM 007903107 73 2949 SH DEFINED 0103 2949
ADVANTA CORP -CL A COM 007942105 1781 50000 SH DEFINED 011619 50000
ADVANTA CORP -CL A COM 007942105 891 25000 SH DEFINED 01 25000
ADVANTA B COM 007942204 2806 87000 SH DEFINED 0128 87000
ADVANTA B COM 007942204 5160 160000 SH DEFINED 0106 160000
ADVANTA B COM 007942204 4886 151500 SH DEFINED 0111 151500
ADVANTA B COM 007942204 6773 210000 SH DEFINED 011614 210000
ADVANTA B COM 007942204 22153 686900 SH DEFINED 0102 686900
ADVANTA B COM 007942204 7328 227200 SH DEFINED 0131 227200
ADVANTA B COM 007942204 948 29400 SH DEFINED 0103 24900 4500
AETNA LIFE & CAS COM 008140105 22350 400000 SH DEFINED 0113 400000
AETNA LIFE & CAS COM 008140105 13969 250000 SH DEFINED 011516 250000
AETNA LIFE & CAS COM 008140105 11175 200000 SH DEFINED 0131 200000
AETNA LIFE & CAS COM 008140105 665 11900 SH DEFINED 0103 11900
AFFYMAX NV COM 008267106 938 75000 SH DEFINED 0106 75000
AFFYMAX NV COM 008267106 938 75000 SH DEFINED 011614 75000
AFL/CIO UNITS OF COM 008270993 0 461 SH DEFINED 0102 461
AGREE REALTY CORP COM 008492100 2190 120000 SH DEFINED 0107 120000
AHMANSON HF & CO COM 008677106 18875 1000000 SH DEFINED 0113 1000000
AHMANSON HF & CO COM 008677106 464 24600 SH DEFINED 0125 24600
AHMANSON HF & CO COM 008677106 5663 300000 SH DEFINED 0107 300000
AHMANSON HF & CO COM 008677106 66 3500 SH DEFINED 0102 3500
AHMANSON HF & CO COM 008677106 8305 440000 SH DEFINED 0131 440000
AHMANSON HF & CO COM 008677106 638 33814 SH DEFINED 0103 33814
AIR PROD & CHEM COM 009158106 1271 30000 SH DEFINED 0108 30000
AIR PROD & CHEM COM 009158106 25425 600000 SH DEFINED 0124 600000
AIR PROD & CHEM COM 009158106 24151 570006 SH DEFINED 0102 238350 331656
AIR PROD & CHEM COM 009158106 157 3705 SH DEFINED 0103 3705
AIRBORNE FREIGHT COR COM 009266107 10 300 SH DEFINED 0102 300
AIRBORNE FREIGHT COR COM 009266107 177 5100 SH DEFINED 0103 5100
AIRGAS INC COM 009363102 2878 109100 SH DEFINED 0106 109100
AIRGAS INC COM 009363102 968 36700 SH DEFINED 011619 36700
AIRGAS INC COM 009363102 3302 125200 SH DEFINED 011614 125200
AIRGAS INC COM 009363102 7853 297700 SH DEFINED 0102 297700
AIRGAS INC COM 009363102 132 5000 SH DEFINED 0103 5000
AIRTOUCH COMMUN COM 00949T100 21853 925000 SH DEFINED 0130 925000
AIRTOUCH COMMUN COM 00949T100 5906 250000 SH DEFINED 0108 250000
AIRTOUCH COMMUN COM 00949T100 37800 1600000 SH DEFINED 0126 1600000
<PAGE> PAGE 5
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
AIRTOUCH COMMUN COM 00949T100 4725 200000 SH DEFINED 0111 200000
AIRTOUCH COMMUN COM 00949T100 7088 300000 SH DEFINED 0132 300000
AIRTOUCH COMMUN COM 00949T100 18900 800000 SH DEFINED 0124 800000
AIRTOUCH COMMUN COM 00949T100 3811 161300 SH DEFINED 0125 161300
AIRTOUCH COMMUN COM 00949T100 1772 75000 SH DEFINED 0107 75000
AIRTOUCH COMMUN COM 00949T100 2481 105000 SH DEFINED 011622 105000
AIRTOUCH COMMUN COM 00949T100 5788 245000 SH DEFINED 011623 245000
AIRTOUCH COMMUN COM 00949T100 14175 600000 SH DEFINED 011516 600000
AIRTOUCH COMMUN COM 00949T100 13466 570000 SH DEFINED 011618 570000
AIRTOUCH COMMUN COM 00949T100 65934 2790947 SH DEFINED 0102 900550 1890397
AIRTOUCH COMMUN COM 00949T100 3878 164134 SH DEFINED 0103 79900 84234
AIRTOUCH COMMUN COM 00949T100 95 4000 SH DEFINED 01 4000
AKZO NOBEL NV ORD COM 010199990 4714 43850 SH DEFINED 0112 43850
AKZO NOBEL NV ORD COM 010199990 4429 41200 SH DEFINED 011617 41200
AKZO NOBEL NV ORD COM 010199990 1430 13300 SH DEFINED 0131 13300
ALBANY INTERNATIONAL CONV BOND 012348AA6 3783 4250000 PRN DEFINED 0104 4250000
ALBANY INTERNATIONAL CONV BOND 012348AA6 3783 4250000 PRN DEFINED 011621 4250000
ALBANY INTL CORP NEW COM 012348108 1416 75000 SH DEFINED 011620 75000
ALBANY INTL CORP NEW COM 012348108 2077 110061 SH DEFINED 0102 110061
ALBERTO CULVER COM 013068101 19 876 SH DEFINED 0103 876
ALBERTSONS INC COM 013104104 11000 400000 SH DEFINED 0108 400000
ALBERTSONS INC COM 013104104 2 75 SH DEFINED 0102 75
ALBERTSONS INC COM 013104104 228 8279 SH DEFINED 0103 8279
ALCAN ALUMINIUM LTD COM 013716105 166 7300 SH DEFINED 0103 7300
ALCO STANDARD COM 013788104 14281 250000 SH DEFINED 0111 250000
ALCO STANDARD COM 013788104 12853 225000 SH DEFINED 011516 225000
ALCO STANDARD COM 013788104 160 2800 SH DEFINED 011618 2800
ALCO STANDARD COM 013788104 604 10564 SH DEFINED 0102 10564
ALCO STANDARD COM 013788104 88 1541 SH DEFINED 0103 1541
ALCO STANDARD COM 013788104 286 5000 SH DEFINED 01 5000
ALCO STANDARD $50 CONV PFD STOCK 013788500 18425 275000 SH DEFINED 0130 275000
ALCO STANDARD $50 CONV PFD STOCK 013788500 6700 100000 SH DEFINED 011618 100000
ALDILA COM 014384101 914 60900 SH DEFINED 0106 60900
ALDILA COM 014384101 887 59100 SH DEFINED 011614 59100
ALEXNDR & ALEX SERV COM 014476105 385 23700 SH DEFINED 0125 23700
ALEXNDR & ALEX SERV COM 014476105 55 3400 SH DEFINED 0102 3400
ALEXNDR & ALEX SERV COM 014476105 186 11411 SH DEFINED 0103 11411
ALLEGHENY PWR SYSTEM COM 017411109 7350 350000 SH DEFINED 0132 350000
ALLERGAN INC COM 018490102 49 2274 SH DEFINED 0103 2274
ALLIED GROUP INC COM 019220102 4940 190000 SH DEFINED 0128 190000
ALLIED SIGNAL INC COM 019512102 142 4100 SH DEFINED 0125 4100
ALLIED SIGNAL INC COM 019512102 6925 200000 SH DEFINED 011618 200000
ALLIED SIGNAL INC COM 019512102 23 650 SH DEFINED 0102 650
ALLIED SIGNAL INC COM 019512102 383 11060 SH DEFINED 0103 11060
ALLTEL CORP COM 020039103 17588 700000 SH DEFINED 0124 700000
ALLTEL 7.75 $100 PAR PREFERRED STOCK 02009*990 865 8560 SH DEFINED 0105 8560
ALUMINUM CO AMERICA COM 022249106 7313 100000 SH DEFINED 0108 100000
ALUMINUM CO AMERICA COM 022249106 27205 372025 SH DEFINED 0102 159700 212325
ALUMINUM CO AMERICA COM 022249106 8044 110000 SH DEFINED 0131 110000
ALUMINUM CO AMERICA COM 022249106 2416 33038 SH DEFINED 0103 25200 7838
<PAGE> PAGE 6
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ALUMINUM CO AMERICA COM 022249106 3291 45000 SH DEFINED 01 45000
ALZA COM 022615108 59 2510 SH DEFINED 0103 2510
AMERADA HESS COM 023551104 150 3048 SH DEFINED 0103 3048
AMDAHL CORP COM 023905102 20 3708 SH DEFINED 0103 3708
AMERICAN BARRICK RES COM 02451E109 5372 225000 SH DEFINED 0127 225000
AMERICAN BARRICK RES COM 02451E109 222 9302 SH DEFINED 0103 9302
AMERICAN BRANDS INC. COM 024703100 23719 750000 SH DEFINED 0113 750000
AMERICAN BRANDS INC. COM 024703100 10626 336000 SH DEFINED 0131 336000
AMERICAN BRANDS INC. COM 024703100 684 21641 SH DEFINED 0103 21641
AMERICAN CYANAMID COM 025321100 170 3041 SH DEFINED 0103 3041
AMERICAN ELEC PWR COM 025537101 12006 425000 SH DEFINED 0113 425000
AMERICAN ELEC PWR COM 025537101 5368 190000 SH DEFINED 0132 190000
AMERICAN ELEC PWR COM 025537101 175 6195 SH DEFINED 0103 6195
AMERICAN EXPLORATION COM 025762105 0 42 SH DEFINED 0102 42
AMERICAN EXPRESS COM 025816109 203148 7889250 SH DEFINED 0103 7889250
AMERICAN EXPRESS COM 025816109 4840 187949 SH DEFINED 01 187949
AMERICAN FREIGHTWAYS COM 02629V108 4092 197200 SH DEFINED 0106 197200
AMERICAN FREIGHTWAYS COM 02629V108 623 30000 SH DEFINED 011619 30000
AMERICAN FREIGHTWAYS COM 02629V108 4150 200000 SH DEFINED 011614 200000
AMERICAN FREIGHTWAYS COM 02629V108 7135 343800 SH DEFINED 0102 343800
AMERICAN FREIGHTWAYS COM 02629V108 1370 66000 SH DEFINED 0131 66000
AMERICAN FREIGHTWAYS COM 02629V108 133 6400 SH DEFINED 0103 6400
AMER GENERAL CORP COM 026351106 26244 950000 SH DEFINED 0113 950000
AMER GENERAL CORP COM 026351106 2763 100000 SH DEFINED 0107 100000
AMER GENERAL CORP COM 026351106 35969 1302060 SH DEFINED 0102 448900 853160
AMER GENERAL CORP COM 026351106 11050 400000 SH DEFINED 0131 400000
AMER GENERAL CORP COM 026351106 1354 48981 SH DEFINED 0103 25400 23581
AMER GENERAL CORP COM 026351106 11741 425000 SH DEFINED 01 425000
AM GREETINGS CL A COM 026375105 69 2300 SH DEFINED 0103 2300
AM GREETINGS CL A COM 026375105 1200 40000 SH DEFINED 01 40000
AMERICAN HEALTH PROP COM 026494104 2880 120000 SH DEFINED 0132 120000
AMER HOME PRODUCTS COM 026609107 14188 250000 SH DEFINED 0113 250000
AMER HOME PRODUCTS COM 026609107 5675 100000 SH DEFINED 0107 100000
AMER HOME PRODUCTS COM 026609107 581 10232 SH DEFINED 0103 10232
AMERICAN INTL GROUP COM 026874107 43313 500000 SH DEFINED 0126 500000
AMERICAN INTL GROUP COM 026874107 111369 1285683 SH DEFINED 0102 489985 795698
AMERICAN INTL GROUP COM 026874107 1626 18772 SH DEFINED 0103 8370 10402
AMERICAN INTL GROUP COM 026874107 4505 52000 SH DEFINED 01 52000
AMERICAN MANAGEMENT COM 027352103 3428 145100 SH DEFINED 0106 145100
AMERICAN MANAGEMENT COM 027352103 1122 47500 SH DEFINED 011619 47500
AMERICAN MANAGEMENT COM 027352103 3976 168300 SH DEFINED 011614 168300
AMERICAN MANAGEMENT COM 027352103 4399 186100 SH DEFINED 0102 186100
AMERICAN MANAGEMENT COM 027352103 76 3200 SH DEFINED 0103 3200
AMERICAN MED RESP COM 027446103 2439 94700 SH DEFINED 0106 94700
AMERICAN MED RESP COM 027446103 2227 86500 SH DEFINED 011614 86500
AMERICAN PRESIDENT COM 029103108 4475 200000 SH DEFINED 0128 200000
AMERICAN STORES CO COM 030096101 112 4582 SH DEFINED 0103 4582
AMERITECH CORP COM 030954101 676 17665 SH DEFINED 0103 17665
AMGEN INC COM 031162100 2573 60000 SH DEFINED 0106 60000
AMGEN INC COM 031162100 21438 500000 SH DEFINED 0124 500000
<PAGE> PAGE 7
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
AMGEN INC COM 031162100 32156 750000 SH DEFINED 011516 750000
AMGEN INC COM 031162100 3216 75000 SH DEFINED 011614 75000
AMGEN INC COM 031162100 676 15775 SH DEFINED 0102 15775
AMGEN INC COM 031162100 4180 97500 SH DEFINED 0131 97500
AMGEN INC COM 031162100 195 4559 SH DEFINED 0103 4559
AMGEN INC COM 031162100 2573 60000 SH DEFINED 01 60000
AMP COM 031897101 234 3382 SH DEFINED 0103 3382
AMOCO CORP COM 031905102 25650 450000 SH DEFINED 0130 450000
AMOCO CORP COM 031905102 62700 1100000 SH DEFINED 0126 1100000
AMOCO CORP COM 031905102 24225 425000 SH DEFINED 0113 425000
AMOCO CORP COM 031905102 7125 125000 SH DEFINED 0132 125000
AMOCO CORP COM 031905102 14250 250000 SH DEFINED 0124 250000
AMOCO CORP COM 031905102 4275 75000 SH DEFINED 0107 75000
AMOCO CORP COM 031905102 17670 310000 SH DEFINED 011618 310000
AMOCO CORP COM 031905102 99801 1750742 SH DEFINED 0102 668800 1081942
AMOCO CORP COM 031905102 10602 186000 SH DEFINED 0131 186000
AMOCO CORP COM 031905102 4691 82283 SH DEFINED 0103 56950 25333
AMOCO CORP COM 031905102 5985 105000 SH DEFINED 01 105000
AMRESCO COM 031909104 1388 185000 SH DEFINED 0128 185000
AMPHENOL CORP COM 032094203 4000 250000 SH DEFINED 0124 250000
AMPHENOL CORP COM 032094203 1280 80000 SH DEFINED 011620 80000
AMPHENOL CORP COM 032094203 2848 178000 SH DEFINED 01 178000
AMSOUTH BANCORPORATI COM 032165102 6275 200000 SH DEFINED 0128 200000
AMSOUTH BANCORPORATI COM 032165102 2353 75000 SH DEFINED 0106 75000
AMSOUTH BANCORPORATI COM 032165102 2824 90000 SH DEFINED 011614 90000
AMTECH CORP COM 032329104 1821 155000 SH DEFINED 0106 155000
AMTECH CORP COM 032329104 2056 175000 SH DEFINED 011614 175000
AMYLIN PHARM COM 032346108 600 100000 SH DEFINED 0106 100000
AMYLIN PHARM COM 032346108 900 150000 SH DEFINED 011614 150000
ANACOMP INC WRNTS WARRANT 032375123 230 166930 SH DEFINED 0109 166930
ANACOMP 8.25 SER 1 PREFERRED STOCK 032375404 1794 50000 SH DEFINED 0109 50000
ANACOMP 8.25 SER 1 PREFERRED STOCK 032375404 359 10000 SH DEFINED 0131 10000
ANDREW CORP COM 034425108 16538 450000 SH DEFINED 0111 450000
ANDREW CORP COM 034425108 5504 149800 SH DEFINED 0102 149800
ANDREW CORP COM 034425108 3491 95000 SH DEFINED 0131 95000
ANDREW CORP COM 034425108 131 3567 SH DEFINED 0103 2750 817
ANESTA COM 034603100 760 95000 SH DEFINED 0106 95000
ANESTA COM 034603100 264 33000 SH DEFINED 011619 33000
ANESTA COM 034603100 720 90000 SH DEFINED 011614 90000
ANGLOVAAL LIMITED COM 034700989 3667 137300 SH DEFINED 0124 137300
ANGLOVAAL LIMITED COM 034700989 115 4300 SH DEFINED 0127 4300
ANGLOVAAL LIMITED COM 034700989 1947 72900 SH DEFINED 0131 72900
ANHEUSER BUSCH CO COM 035229103 2 35 SH DEFINED 0102 35
ANHEUSER BUSCH CO COM 035229103 447 8817 SH DEFINED 0103 8817
AON CORP COM 037389103 20325 600000 SH DEFINED 0113 600000
AON CORP COM 037389103 11009 325000 SH DEFINED 0131 325000
AON CORP COM 037389103 474 14000 SH DEFINED 0103 14000
APPLE COMPUTER COM 037833100 104 3914 SH DEFINED 0103 3914
APPLE SOUTH INC COM 037857109 761 52500 SH DEFINED 011619 52500
APPLE SOUTH INC COM 037857109 8258 569550 SH DEFINED 0102 569550
<PAGE> PAGE 8
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
APPLE SOUTH INC COM 037857109 157 10800 SH DEFINED 0103 10800
APPLIED MATERIALS COM 038222105 6413 150000 SH DEFINED 0106 150000
APPLIED MATERIALS COM 038222105 7481 175000 SH DEFINED 011614 175000
APPLIED MATERIALS COM 038222105 13 300 SH DEFINED 0102 300
APPLIED MATERIALS COM 038222105 8123 190000 SH DEFINED 0131 190000
APPLIED MATERIALS COM 038222105 175 4100 SH DEFINED 0103 4100
ARCHER DANIELS MDLND COM 039483102 260 11195 SH DEFINED 0103 11195
ARDEN COM 039780101 275 25000 SH DEFINED 011619 25000
ARIZONA PUB SER V PREFERRED STOCK 040555799 3032 30000 SH DEFINED 01 30000
ARIZONA PUB SVC $100 PREFERRED STOCK 040555815 5519 50000 SH DEFINED 0105 50000
ARIZONA $100 PREFERRED STOCK 040555823 3036 30000 SH DEFINED 0105 30000
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 3239 38100 SH DEFINED 01 38100
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 1955 23000 SH DEFINED 0116 23000
ARMCO INC COM 042170100 255 45412 SH DEFINED 0103 45412
ARMSTRONG WORLD IND COM 042476101 56 1199 SH DEFINED 0103 1199
ARROW ELECTRONICS COM 042735100 6519 175000 SH DEFINED 0130 175000
ARROW ELECTRONICS COM 042735100 1490 40000 SH DEFINED 011620 40000
ARROW ELECTRONICS COM 042735100 2 45 SH DEFINED 0102 45
ASARCO INC COM 043413103 40 1411 SH DEFINED 0103 1411
ASHANTI GOLD 144A COM 043743103 1019 50000 SH DEFINED 0127 50000
ASHLAND OIL COM 044540102 66 1961 SH DEFINED 0103 1961
ATLANTIC RICHFIELD COM 048825103 22978 225000 SH DEFINED 0113 225000
ATLANTIC RICHFIELD COM 048825103 1511 14800 SH DEFINED 0110 14800
ATLANTIC RICHFIELD COM 048825103 1563 15300 SH DEFINED 0125 15300
ATLANTIC RICHFIELD COM 048825103 5106 50000 SH DEFINED 0107 50000
ATLANTIC RICHFIELD COM 048825103 225 2200 SH DEFINED 0102 2200
ATLANTIC RICHFIELD COM 048825103 1199 11740 SH DEFINED 0103 11740
ATLANTIC RICHFIELD COM 048825103 5311 52000 SH DEFINED 01 52000
ATMEL CORP COM 049513104 3206 135000 SH DEFINED 0106 135000
ATMEL CORP COM 049513104 4038 170000 SH DEFINED 011614 170000
AUTHENTIC FITNESS COM 052661105 980 70000 SH DEFINED 011619 70000
AUTO DESK COM 052769106 1089 22000 SH DEFINED 011619 22000
AUTO DESK COM 052769106 12947 261550 SH DEFINED 0102 261550
AUTO DESK COM 052769106 575 11613 SH DEFINED 0103 10850 763
AUTO DATA PROC CVT CONV BOND 053015AC7 18056 45000000 PRN DEFINED 0130 45000000
AUTOMATIC DATA PROC. COM 053015103 27094 510000 SH DEFINED 011516 510000
AUTOMATIC DATA PROC. COM 053015103 475 8943 SH DEFINED 0102 1200 7743
AUTOMATIC DATA PROC. COM 053015103 248 4676 SH DEFINED 0103 4676
AUTOMOTIVE IND COM 05329E102 13250 500000 SH DEFINED 0124 500000
AUTOMOTIVE IND COM 05329E102 10828 408600 SH DEFINED 0102 408600
AUTOMOTIVE IND COM 05329E102 204 7700 SH DEFINED 0103 7700
AUTOTOTE CORP COM 053323101 1418 90000 SH DEFINED 011619 90000
AUTOTOTE CORP COM 053323101 646 40970 SH DEFINED 0102 40970
AUTOZONE COM 053332102 24 1000 SH DEFINED 0102 1000
AUTOZONE COM 053332102 351 14400 SH DEFINED 0103 14400
AVALON COM 053469102 3188 150000 SH DEFINED 0132 150000
AVERY DENNISON CORP COM 053611109 54 1852 SH DEFINED 0103 1852
AVON PRODUCTS COM 054303102 135 2293 SH DEFINED 0103 2293
BB&T FINANCIAL COM 05527L106 5109 163500 SH DEFINED 0128 163500
BB&T FINANCIAL COM 05527L106 2656 85000 SH DEFINED 0106 85000
<PAGE> PAGE 9
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BB&T FINANCIAL COM 05527L106 3219 103000 SH DEFINED 011614 103000
BB&T FINANCIAL COM 05527L106 1842 58900 SH DEFINED 0102 58900
BB&T FINANCIAL COM 05527L106 4688 150000 SH DEFINED 0131 150000
BB&T FINANCIAL COM 05527L106 253 8100 SH DEFINED 0103 1100 7000
BISYS GROUP COM 055472104 10045 490000 SH DEFINED 011516 490000
BISYS GROUP COM 055472104 1845 90000 SH DEFINED 011619 90000
BMC SOFTWARE INC COM 055921100 4463 102000 SH DEFINED 0106 102000
BMC SOFTWARE INC COM 055921100 875 20000 SH DEFINED 011619 20000
BMC SOFTWARE INC COM 055921100 5906 135000 SH DEFINED 011614 135000
BMC SOFTWARE INC COM 055921100 4375 100000 SH DEFINED 0131 100000
BAKER HUGHES COM 057224107 367 17900 SH DEFINED 0125 17900
BAKER HUGHES COM 057224107 154 7500 SH DEFINED 0102 7500
BAKER HUGHES COM 057224107 250 12178 SH DEFINED 0103 12178
BALL CORP COM 058498106 6500 250000 SH DEFINED 0107 250000
BALL CORP COM 058498106 23 879 SH DEFINED 0103 879
BALLY ENTERTAINMENT COM 05873C106 10 1527 SH DEFINED 0103 1527
BALLY GAMING INTL IN COM 058731100 532 43400 SH DEFINED 0106 43400
BALLY GAMING INTL IN COM 058731100 6125 500000 SH DEFINED 0124 500000
BALLY GAMING INTL IN COM 058731100 572 46700 SH DEFINED 011614 46700
BALTIMORE GAS & ELEC COM 059165100 19 900 SH DEFINED 0102 900
BALTIMORE GAS & ELEC COM 059165100 102 4792 SH DEFINED 0103 4792
BANC ONE CORP COM 059438101 15413 450000 SH DEFINED 0113 450000
BANC ONE CORP COM 059438101 250 7300 SH DEFINED 0125 7300
BANC ONE CORP COM 059438101 185 5400 SH DEFINED 0102 5400
BANC ONE CORP COM 059438101 532 15546 SH DEFINED 0103 15546
BANCO PORTUGUES ADR COM 059479303 3262 268999 SH DEFINED 01 268999
BANCO DE GALICIA COM 059538207 3526 130000 SH DEFINED 0112 130000
BANCO DE GALICIA COM 059538207 6781 250000 SH DEFINED 01 250000
BANCO DE GALICIA COM 059538207 4883 180000 SH DEFINED 011617 180000
BANCO DE GALICIA COM 059538207 1492 55000 SH DEFINED 0131 55000
BANCO DE SANTANDER COM 059574202 17168 481900 SH DEFINED 0130 481900
BANCO FRANCES COM 059591107 6153 275000 SH DEFINED 0130 275000
BANCO FRANCES COM 059591107 6153 275000 SH DEFINED 01 275000
BANCO FRANCES COM 059591107 3580 160000 SH DEFINED 0107 160000
BANCO FRANCES COM 059591107 1231 55000 SH DEFINED 011620 55000
BANCO FRANCES COM 059591107 5370 240000 SH DEFINED 01 240000
BAN NAC DEMEX 144A CONV BOND 059617AA8 16050 15000000 PRN DEFINED 0130 15000000
BAN NAC DEMEX 144A CONV BOND 059617AA8 10700 10000000 PRN DEFINED 0124 10000000
BAN NAC DEMEX 144A CONV BOND 059617AA8 1284 1200000 PRN DEFINED 011620 1200000
BANCO O'HIGGINS COM 059629105 3933 220000 SH DEFINED 01 220000
BANCORP HAWAII INC COM 059685107 1673 52500 SH DEFINED 011614 52500
BANCORP HAWAII INC COM 059685107 29 900 SH DEFINED 0102 900
BANCORP HAWAII INC COM 059685107 6356 199400 SH DEFINED 0131 199400
BANCORP HAWAII INC COM 059685107 389 12200 SH DEFINED 0103 12200
BANK OF BOSTON COM 060716107 20 800 SH DEFINED 0125 800
BANK OF BOSTON COM 060716107 2 100 SH DEFINED 0102 100
BANK OF BOSTON COM 060716107 91 3699 SH DEFINED 0103 3699
BANK AMERICA CORP COM 066050105 25163 550000 SH DEFINED 0130 550000
BANK AMERICA CORP COM 066050105 8006 175000 SH DEFINED 0108 175000
BANK AMERICA CORP COM 066050105 22875 500000 SH DEFINED 0113 500000
<PAGE> PAGE 10
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BANK AMERICA CORP COM 066050105 32025 700000 SH DEFINED 0124 700000
BANK AMERICA CORP COM 066050105 3486 76200 SH DEFINED 0125 76200
BANK AMERICA CORP COM 066050105 1144 25000 SH DEFINED 011622 25000
BANK AMERICA CORP COM 066050105 2516 55000 SH DEFINED 011623 55000
BANK AMERICA CORP COM 066050105 25163 550000 SH DEFINED 011516 550000
BANK AMERICA CORP COM 066050105 6863 150000 SH DEFINED 011618 150000
BANK AMERICA CORP COM 066050105 92145 2013988 SH DEFINED 0102 714400 1299588
BANK AMERICA CORP COM 066050105 10294 225000 SH DEFINED 0131 225000
BANK AMERICA CORP COM 066050105 5432 118712 SH DEFINED 0103 64850 53862
BANK AMERICA CORP COM 066050105 12463 272400 SH DEFINED 01 272400
BANKERS TRUST NY COM 066365107 2165 32500 SH DEFINED 0107 32500
BANKERS TRUST NY COM 066365107 181 2719 SH DEFINED 0103 2719
BANYAN CORP COM 066908104 6438 500000 SH DEFINED 0130 500000
BANYAN CORP COM 066908104 3863 300000 SH DEFINED 0108 300000
BANYAN CORP COM 066908104 8176 635000 SH DEFINED 011516 635000
BANYAN CORP COM 066908104 1288 100000 SH DEFINED 011620 100000
C R BARD INC COM 067383109 39 1639 SH DEFINED 0103 1639
BARNETT BKS INC COM 068055102 143 3261 SH DEFINED 0103 3261
BASSETT FURN IND. COM 070203104 1665 58427 SH DEFINED 0102 58427
BASSETT FURN IND. COM 070203104 13 463 SH DEFINED 0103 463
BAUSCH & LOMB COM 071707103 72 1958 SH DEFINED 0103 1958
BAXTER INTL INC COM 071813109 240 9139 SH DEFINED 0103 9139
BAY APARTMENT COM 072012107 4100 200000 SH DEFINED 0107 200000
BAY APARTMENT COM 072012107 2050 100000 SH DEFINED 011618 100000
BEACON OFFICE PROP COM 073678104 2700 150000 SH DEFINED 0107 150000
BECKMAN INSTRUMENTS COM 075816108 4957 196300 SH DEFINED 0108 196300
BECKMAN INSTRUMENTS COM 075816108 3156 125000 SH DEFINED 0128 125000
BECKMAN INSTRUMENTS COM 075816108 9040 358000 SH DEFINED 0131 358000
BECKMAN INSTRUMENTS COM 075816108 371 14700 SH DEFINED 0103 14700
BECTON DICKINSON COM 075887109 102 2493 SH DEFINED 0103 2493
BED BATH & BEYOND IN COM 075896100 3149 110000 SH DEFINED 0106 110000
BED BATH & BEYOND IN COM 075896100 4294 150000 SH DEFINED 011614 150000
BED BATH & BEYOND IN COM 075896100 5353 186965 SH DEFINED 0102 186965
BED BATH & BEYOND IN COM 075896100 3435 120000 SH DEFINED 0131 120000
BED BATH & BEYOND IN COM 075896100 453 15800 SH DEFINED 0103 15800
BELL ATLANTIC COM 077853109 796 14207 SH DEFINED 0103 14207
BELL SOUTH COM 079860102 12350 200000 SH DEFINED 0132 200000
BELL SOUTH COM 079860102 2007 32500 SH DEFINED 0125 32500
BELL SOUTH COM 079860102 284 4600 SH DEFINED 0102 4600
BELL SOUTH COM 079860102 1854 30031 SH DEFINED 0103 30031
A.H BELO SER A COM 080555105 14070 326200 SH DEFINED 0102 326200
A.H BELO SER A COM 080555105 259 6000 SH DEFINED 0103 6000
BEMIS CO. COM 081437105 36 1637 SH DEFINED 0103 1637
BENEFICIAL CORP COM 081721102 23725 650000 SH DEFINED 0113 650000
BENEFICIAL CORP COM 081721102 7300 200000 SH DEFINED 0131 200000
BENEFICIAL CORP COM 081721102 418 11438 SH DEFINED 0103 11438
BERG ELECTRONICS HLD COM 083726109 1541 770400 SH DEFINED 0109 770400
BERGEN BRUNSWIG CL A COM 083739102 2255 134600 SH DEFINED 0124 134600
BEST BUY CO COM 086516101 2888 100000 SH DEFINED 0111 100000
BEST BUY CO COM 086516101 1444 50000 SH DEFINED 011620 50000
<PAGE> PAGE 11
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BEST BUY CO COM 086516101 14 500 SH DEFINED 0102 500
BEST BUY CO COM 086516101 2960 102500 SH DEFINED 0131 102500
BEST BUY CO COM 086516101 176 6100 SH DEFINED 0103 6100
BEST BUY CO COM 086516101 3263 113000 SH DEFINED 01 113000
BETHLEHEM STEEL COM 087509105 58 3091 SH DEFINED 0103 3091
BETHLEHEM STEEL COM 087509105 3781 203000 SH DEFINED 01 203000
BETH STEEL $50 144A CONV PFD STOCK 087509501 15863 300000 SH DEFINED 0130 300000
BETH STEEL $50 144A CONV PFD STOCK 087509501 5288 100000 SH DEFINED 0107 100000
BETH STEEL $50 144A CONV PFD STOCK 087509501 10575 200000 SH DEFINED 011516 200000
BETH STEEL $50 144A CONV PFD STOCK 087509501 5288 100000 SH DEFINED 011618 100000
BEVERLY ENTERPRISES COM 087851101 1455 120000 SH DEFINED 0106 120000
BEVERLY ENTERPRISES COM 087851101 7275 600000 SH DEFINED 011516 600000
BEVERLY ENTERPRISES COM 087851101 7275 600000 SH DEFINED 011618 600000
BEVERLY ENTERPRISES COM 087851101 2001 165000 SH DEFINED 011614 165000
BEVERLY ENTERPRISES COM 087851101 6 500 SH DEFINED 0102 500
BEVERLY ENTERPRISES COM 087851101 1358 112000 SH DEFINED 0131 112000
BEVERLY ENTERPRISES COM 087851101 122 10022 SH DEFINED 0103 7500 2522
BIOGEN INC COM 090597105 1431 50000 SH DEFINED 0106 50000
BIOGEN INC COM 090597105 2863 100000 SH DEFINED 0111 100000
BIOGEN INC COM 090597105 1861 65000 SH DEFINED 011614 65000
BIOGEN INC COM 090597105 5052 176500 SH DEFINED 0102 176500
BIOGEN INC COM 090597105 1695 59200 SH DEFINED 0131 59200
BIOGEN INC COM 090597105 94 3300 SH DEFINED 0103 3300
BIOMET COM 090613100 40 3809 SH DEFINED 0103 3809
BIRMINGHAM STEEL COR COM 091250100 13500 500000 SH DEFINED 0111 500000
BIRMINGHAM STEEL COR COM 091250100 2160 80000 SH DEFINED 011622 80000
BIRMINGHAM STEEL COR COM 091250100 4860 180000 SH DEFINED 011623 180000
BIRMINGHAM STEEL COR COM 091250100 14056 520600 SH DEFINED 0102 520600
BIRMINGHAM STEEL COR COM 091250100 259 9600 SH DEFINED 0103 9600
BLACK & DECKER COM 091797100 4313 250000 SH DEFINED 0124 250000
BLACK & DECKER COM 091797100 1482 85900 SH DEFINED 0125 85900
BLACK & DECKER COM 091797100 2588 150000 SH DEFINED 011618 150000
BLACK & DECKER COM 091797100 2587 149956 SH DEFINED 0102 149956
BLACK & DECKER COM 091797100 10178 590000 SH DEFINED 0131 590000
BLACK & DECKER COM 091797100 1130 65524 SH DEFINED 0103 65524
BLACK & DECKER COM 091797100 47 2700 SH DEFINED 01 2700
EW BLANCH COM 093210102 12750 600000 SH DEFINED 0124 600000
BLOCK H&R INC COM 093671105 31149 793600 SH DEFINED 0126 793600
BLOCK H&R INC COM 093671105 3925 100000 SH DEFINED 0111 100000
BLOCK H&R INC COM 093671105 1786 45500 SH DEFINED 011622 45500
BLOCK H&R INC COM 093671105 4015 102300 SH DEFINED 011623 102300
BLOCK H&R INC COM 093671105 117 3000 SH DEFINED 0102 3000
BLOCK H&R INC COM 093671105 156 3987 SH DEFINED 0103 3987
BLOCKBUSTER ENTRTNMT COM 093676104 10350 400000 SH DEFINED 0126 400000
BLOCKBUSTER ENTRTNMT COM 093676104 5175 200000 SH DEFINED 0111 200000
BLOCKBUSTER ENTRTNMT COM 093676104 19406 750000 SH DEFINED 0124 750000
BLOCKBUSTER ENTRTNMT COM 093676104 20312 785000 SH DEFINED 011516 785000
BLOCKBUSTER ENTRTNMT COM 093676104 185 7139 SH DEFINED 0103 7139
BLOUNT INC -CL A COM 095173308 1560 40000 SH DEFINED 011619 40000
BLYTH INDUSTRIES COM 09643P108 1131 50000 SH DEFINED 011619 50000
<PAGE> PAGE 12
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BOATMEN'S BANCSHARES COM 096650106 103 3281 SH DEFINED 0103 3281
BOEING COM 097023105 4625 100000 SH DEFINED 0108 100000
BOEING COM 097023105 4625 100000 SH DEFINED 0126 100000
BOEING COM 097023105 1771 38300 SH DEFINED 011516 38300
BOEING COM 097023105 423 9100 SH DEFINED 0102 4300 4800
BOEING COM 097023105 6938 150000 SH DEFINED 0131 150000
BOEING COM 097023105 834 18011 SH DEFINED 0103 18011
BOEING COM 097023105 1388 30000 SH DEFINED 01 30000
BOISE CASCADE COM 097383103 75 3400 SH DEFINED 0125 3400
BOISE CASCADE COM 097383103 11 500 SH DEFINED 0102 500
BOISE CASCADE COM 097383103 60 2702 SH DEFINED 0103 2702
BOISE CASCADE YES E PREFERRED STOCK 097383608 2987 135000 SH DEFINED 0107 135000
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 3010 140000 SH DEFINED 0132 140000
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 6450 300000 SH DEFINED 0107 300000
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 6450 300000 SH DEFINED 01 300000
BOMBAY INC COM 097924104 2775 215500 SH DEFINED 0106 215500
BOMBAY INC COM 097924104 3942 306200 SH DEFINED 011614 306200
BOMBAY INC COM 097924104 2819 218850 SH DEFINED 0102 218850
BOMBAY INC COM 097924104 51 3950 SH DEFINED 0103 3950
BORDEN INC COM 099599102 496 40100 SH DEFINED 0125 40100
BORDEN INC COM 099599102 71 5700 SH DEFINED 0102 5700
BORDEN INC COM 099599102 266 21479 SH DEFINED 0103 21479
BOSTON CHICKEN COM 100578103 1073 30000 SH DEFINED 0106 30000
BOSTON CHICKEN COM 100578103 1251 35000 SH DEFINED 011614 35000
LAUREL FUND COM 100583509 3392 215632 SH DEFINED 01 215632
BOSTON SCIENTIFIC COM 101137107 10100 800000 SH DEFINED 0111 800000
BOSTON SCIENTIFIC COM 101137107 4419 350000 SH DEFINED 011516 350000
BOSTON SCIENTIFIC COM 101137107 668 53049 SH DEFINED 0102 53049
BOWATER $23.50 CONV PFD STOCK 102183407 488 20000 SH DEFINED 0107 20000
BOWATER $23.50 CONV PFD STOCK 102183407 4210 172700 SH DEFINED 011516 172700
BRADLEY REAL ESTATE COM 104583109 3400 400000 SH DEFINED 0130 400000
BRADLEY REAL ESTATE COM 104583109 3570 420000 SH DEFINED 0107 420000
C BREWER HOMES COM 107575102 2563 250000 SH DEFINED 0124 250000
BRIGGS & STRATTON COM 109043109 2 23 SH DEFINED 0102 23
BRIGGS & STRATTON COM 109043109 36 539 SH DEFINED 0103 539
BRINKER INT'L INC COM 109641100 17850 850000 SH DEFINED 0126 850000
BRINKER INT'L INC COM 109641100 7560 360000 SH DEFINED 0106 360000
BRINKER INT'L INC COM 109641100 8400 400000 SH DEFINED 0111 400000
BRINKER INT'L INC COM 109641100 3465 165000 SH DEFINED 011622 165000
BRINKER INT'L INC COM 109641100 7875 375000 SH DEFINED 011623 375000
BRINKER INT'L INC COM 109641100 9975 475000 SH DEFINED 011614 475000
BRINKER INT'L INC COM 109641100 23298 1109375 SH DEFINED 0102 1109375
BRINKER INT'L INC COM 109641100 7770 370000 SH DEFINED 0131 370000
BRINKER INT'L INC COM 109641100 705 33575 SH DEFINED 0103 33575
BRISTOL MYERS SQUIBB COM 110122108 21450 400000 SH DEFINED 0130 400000
BRISTOL MYERS SQUIBB COM 110122108 21450 400000 SH DEFINED 0113 400000
BRISTOL MYERS SQUIBB COM 110122108 5363 100000 SH DEFINED 0107 100000
BRISTOL MYERS SQUIBB COM 110122108 904 16863 SH DEFINED 0103 16863
BRITISH AWYS PLC ADR COM 110419306 17288 300000 SH DEFINED 0126 300000
BRITISH AWYS PLC ADR COM 110419306 2881 50000 SH DEFINED 0111 50000
<PAGE> PAGE 13
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BRITISH AWYS PLC ADR COM 110419306 2190 38000 SH DEFINED 011622 38000
BRITISH AWYS PLC ADR COM 110419306 4898 85000 SH DEFINED 011623 85000
BRITISH GAS PLC ADR COM 110901402 8300 200000 SH DEFINED 0132 200000
BRITISH GAS PLC ADR COM 110901402 4980 120000 SH DEFINED 0107 120000
BRITISH GAS PLC ADR COM 110901402 4150 100000 SH DEFINED 011618 100000
BRITISH TELECOMM COM 111021408 68 1200 SH DEFINED 0102 1200
BROADWAY & SEYMOUR I COM 111433108 1293 110000 SH DEFINED 011619 110000
BROADWAY STORES INC. COM 111572103 17000 2000000 SH DEFINED 0124 2000000
BROADWAY STORES INC. COM 111572103 5100 600000 SH DEFINED 0131 600000
BROADWAY STORES INC. COM 111572103 231 27200 SH DEFINED 0103 27200
BROOKLYN BANCORP COM 113809107 1400 40000 SH DEFINED 0128 40000
BROOKLYN UNION GAS COM 114259104 6703 275000 SH DEFINED 0132 275000
BROWN FORMAN CL B COM 115637209 73 2580 SH DEFINED 0103 2580
BROWN GROUP INC COM 115657108 21 547 SH DEFINED 0103 547
BROWNING FERRIS IND COM 115885105 118 3900 SH DEFINED 0102 3900
BROWNING FERRIS IND COM 115885105 171 5625 SH DEFINED 0103 5625
BRUNO'S INC COM 116881103 18 2509 SH DEFINED 0103 2509
BRUNSWICK CORP COM 117043109 69 3156 SH DEFINED 0103 3156
BUFETE ADS COM 11942H100 6000 200000 SH DEFINED 01 200000
BAESA COM 119424208 6638 215000 SH DEFINED 01 215000
BUFFETS INC COM 119882108 4594 250000 SH DEFINED 0106 250000
BUFFETS INC COM 119882108 5972 325000 SH DEFINED 011614 325000
BUFFETS INC COM 119882108 13534 736600 SH DEFINED 0102 736600
BUFFETS INC COM 119882108 2940 160000 SH DEFINED 0131 160000
BUFFETS INC COM 119882108 232 12600 SH DEFINED 0103 12600
BURLINGTON INDUSTRY COM 121693105 4022 275000 SH DEFINED 0128 275000
BURLINGTON INDUSTRY COM 121693105 6143 420000 SH DEFINED 011618 420000
BURLINGTON INDUSTRY COM 121693105 11517 787500 SH DEFINED 0131 787500
BURLINGTON INDUSTRY COM 121693105 548 37500 SH DEFINED 0103 37500
BURLINGTON NO INC COM 121897102 157 2939 SH DEFINED 0103 2939
BURLINGTON RESOURCES COM 122014103 174 4217 SH DEFINED 0103 4217
BURNHAM PACIFIC PPTY COM 12232C108 3400 200000 SH DEFINED 0132 200000
BURNHAM PACIFIC PPTY COM 12232C108 6800 400000 SH DEFINED 0107 400000
BURNHAM PACIFIC PPTY COM 12232C108 1530 90000 SH DEFINED 01 90000
BUSH BOOKE ALLEN COM 123162109 5250 300000 SH DEFINED 0124 300000
CBS INC COM 124845108 31000 100000 SH DEFINED 0126 100000
CBS INC COM 124845108 15500 50000 SH DEFINED 011618 50000
CBS INC COM 124845108 2 7 SH DEFINED 0102 7
CBS INC COM 124845108 168 542 SH DEFINED 0103 542
CBS CVT PREF SER B PREFERRED STOCK 1248452*8 10800 50000 SH DEFINED 01 50000
C-CUBE MICROSYSTEMS COM 125015107 550 34900 SH DEFINED 0111 34900
C-CUBE MICROSYSTEMS COM 125015107 473 30000 SH DEFINED 011619 30000
CIGNA CORP COM 125509109 27422 375000 SH DEFINED 0130 375000
CIGNA CORP COM 125509109 3656 50000 SH DEFINED 0107 50000
CIGNA CORP COM 125509109 168 2294 SH DEFINED 0103 2294
CKE RESTAURANTS INC. COM 12561E105 2176 256011 SH DEFINED 0103 256011
CPC INTL COM 126149103 9650 200000 SH DEFINED 011516 200000
CPC INTL COM 126149103 2 47 SH DEFINED 0102 47
CPC INTL COM 126149103 241 5002 SH DEFINED 0103 5002
CSR LTD ADR COM 126396308 222 15740 SH DEFINED 01 15740
<PAGE> PAGE 14
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CSX CORP COM 126408103 22650 300000 SH DEFINED 0130 300000
CSX CORP COM 126408103 10193 135000 SH DEFINED 0108 135000
CSX CORP COM 126408103 75500 1000000 SH DEFINED 0126 1000000
CSX CORP COM 126408103 33975 450000 SH DEFINED 0124 450000
CSX CORP COM 126408103 1940 25700 SH DEFINED 0125 25700
CSX CORP COM 126408103 5512 73000 SH DEFINED 011622 73000
CSX CORP COM 126408103 12080 160000 SH DEFINED 011623 160000
CSX CORP COM 126408103 16610 220000 SH DEFINED 011618 220000
CSX CORP COM 126408103 134264 1778295 SH DEFINED 0102 641975 1136320
CSX CORP COM 126408103 5095 67479 SH DEFINED 0103 53200 14279
CSX CORP COM 126408103 6025 79800 SH DEFINED 01 79800
CUC INT'L INC COM 126545102 16050 600000 SH DEFINED 0126 600000
CUC INT'L INC COM 126545102 2809 105000 SH DEFINED 0106 105000
CUC INT'L INC COM 126545102 9363 350000 SH DEFINED 011618 350000
CUC INT'L INC COM 126545102 2943 110000 SH DEFINED 011614 110000
CUC INT'L INC COM 126545102 19932 745100 SH DEFINED 0102 745100
CUC INT'L INC COM 126545102 3611 135000 SH DEFINED 0131 135000
CUC INT'L INC COM 126545102 489 18300 SH DEFINED 0103 18300
CABLE & WIRELESS PLC COM 126830207 13419 720500 SH DEFINED 0111 720500
CABLE & WIRELESS PLC COM 126830207 11175 600000 SH DEFINED 0132 600000
CABLE & WIRELESS PLC COM 126830207 1863 100000 SH DEFINED 011622 100000
CABLE & WIRELESS PLC COM 126830207 4023 216000 SH DEFINED 011623 216000
CABLE & WIRELESS PLC COM 126830207 2608 140000 SH DEFINED 011618 140000
CABLE & WIRELESS PLC COM 126830207 2297 123435 SH DEFINED 0102 34400 89035
CABLETRON SYSTEMS COM 126920107 21258 220000 SH DEFINED 0126 220000
CABLETRON SYSTEMS COM 126920107 2821 29200 SH DEFINED 0106 29200
CABLETRON SYSTEMS COM 126920107 1449 15000 SH DEFINED 011620 15000
CABLETRON SYSTEMS COM 126920107 3488 36100 SH DEFINED 011614 36100
CABLETRON SYSTEMS COM 126920107 13991 144800 SH DEFINED 0102 144800
CABLETRON SYSTEMS COM 126920107 193 2000 SH DEFINED 0103 2000
CAESARS WORLD COM 127695104 3263 90000 SH DEFINED 0128 90000
CAESARS WORLD COM 127695104 7250 200000 SH DEFINED 0124 200000
CAESARS WORLD COM 127695104 9063 250000 SH DEFINED 0131 250000
CAESARS WORLD COM 127695104 395 10900 SH DEFINED 0103 10900
CALGON CARBON COM 129603106 4125 300000 SH DEFINED 0128 300000
CALGON CARBON COM 129603106 2063 150000 SH DEFINED 0106 150000
CALGON CARBON COM 129603106 4125 300000 SH DEFINED 01 300000
CALGON CARBON COM 129603106 2750 200000 SH DEFINED 011614 200000
CALGON CARBON COM 129603106 2750 200000 SH DEFINED 0131 200000
CALIFORNIA MICRO DEV COM 130439102 860 40000 SH DEFINED 011619 40000
CALIFORNIA MICRO DEV COM 130439102 2150 100000 SH DEFINED 011614 100000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 1980 2000000 PRN DEFINED 0104 2000000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 1980 2000000 PRN DEFINED 011618 2000000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 990 1000000 PRN DEFINED 0131 1000000
CAMPBELL SOUP COM 134429109 2 54 SH DEFINED 0102 54
CAMPBELL SOUP COM 134429109 281 8173 SH DEFINED 0103 8173
CANARC ORD COM 136906997 2532 1000000 SH DEFINED 0127 1000000
CANON SALES INC COM 138010996 6823 200000 SH DEFINED 01 200000
CAPEX GDR COM 139612105 3018 150000 SH DEFINED 0132 150000
CAPEX GDR COM 139612105 3471 172500 SH DEFINED 01 172500
<PAGE> PAGE 15
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CAPITAL CITIES/ABC COM 139859102 107 1500 SH DEFINED 0102 1500
CAPITAL CITIES/ABC COM 139859102 385 5410 SH DEFINED 0103 5410
CAPITAL GAMING WTS WARRANT 1401809Y8 3 5000 SH DEFINED 0104 5000
CAPITAL GAMING WTS WARRANT 1401809Y8 6 12500 SH DEFINED 0109 12500
CAPSTEAD MORTGAGE CO COM 14067E100 1150 50000 SH DEFINED 0107 50000
CARDINAL DISTRIBUTIO COM 14149Y108 6615 135000 SH DEFINED 0106 135000
CARDINAL DISTRIBUTIO COM 14149Y108 36995 755000 SH DEFINED 011516 755000
CARDINAL DISTRIBUTIO COM 14149Y108 8575 175000 SH DEFINED 011614 175000
CARDINAL DISTRIBUTIO COM 14149Y108 15 300 SH DEFINED 0102 300
CARDINAL DISTRIBUTIO COM 14149Y108 2940 60000 SH DEFINED 0131 60000
CARDINAL DISTRIBUTIO COM 14149Y108 216 4400 SH DEFINED 0103 4400
CAREER HORIZON COM 141672105 760 40000 SH DEFINED 0106 40000
CAREER HORIZON COM 141672105 5700 300000 SH DEFINED 011516 300000
CAREER HORIZON COM 141672105 798 42000 SH DEFINED 011619 42000
CAREER HORIZON COM 141672105 760 40000 SH DEFINED 011614 40000
CAREMARK INT'L INC COM 141704106 14131 850000 SH DEFINED 011516 850000
CARNIVAL CORP COM 143658102 2 43 SH DEFINED 0102 43
CAROLINA FIRST $25 CONV PFD STOCK 143877306 1533 55000 SH DEFINED 0107 55000
CAROLINA POWER & LT COM 144141108 123 5331 SH DEFINED 0103 5331
CARTER HAW HALE 144A CONV BOND 146227AL7 920 1000000 PRN DEFINED 0132 1000000
CARTER HAW HALE 144A CONV BOND 146227AL7 9200 10000000 PRN DEFINED 0107 10000000
CARTER HAW HALE 144A CONV BOND 146227AL7 9200 10000000 PRN DEFINED 011618 10000000
CARTER HAW HALE 144A CONV BOND 146227AL7 920 1000000 PRN DEFINED 0131 1000000
CASCADE NATURAL GAS COM 147339105 1939 136100 SH DEFINED 0132 136100
CASE CORP COM 14743R103 1888 100000 SH DEFINED 0108 100000
CASE CORP COM 14743R103 4468 236700 SH DEFINED 0124 236700
CATALINA MKTG COM 148867104 2520 60000 SH DEFINED 0106 60000
CATALINA MKTG COM 148867104 630 15000 SH DEFINED 011619 15000
CATALINA MKTG COM 148867104 3150 75000 SH DEFINED 011614 75000
CATALINA MKTG COM 148867104 9828 234000 SH DEFINED 0102 234000
CATALINA MKTG COM 148867104 185 4400 SH DEFINED 0103 4400
CATERPILLAR INC COM 149123101 74000 740000 SH DEFINED 0126 740000
CATERPILLAR INC COM 149123101 5000 50000 SH DEFINED 011618 50000
CATERPILLAR INC COM 149123101 1000 10000 SH DEFINED 011620 10000
CATERPILLAR INC COM 149123101 337 3373 SH DEFINED 0103 3373
CELCARIBE UNITS 144A COM 150898989 2698 325 SH DEFINED 0104 325
CELCARIBE UNITS 144A COM 150898989 1411 170 SH DEFINED 0110 170
CELCARIBE UNITS 144A COM 150898989 3445 415 SH DEFINED 0109 415
CELCARIBE UNITS 144A COM 150898989 1411 170 SH DEFINED 011621 170
CELCARIBE UNITS 144A COM 150898989 1411 170 SH DEFINED 011618 170
CELESTIAL SEASONINGS COM 151016102 2934 141400 SH DEFINED 0106 141400
CELESTIAL SEASONINGS COM 151016102 3216 155000 SH DEFINED 011614 155000
CELESTIAL SEASONINGS COM 151016102 1463 70500 SH DEFINED 0131 70500
CEMENTOS DIAMANTE COM 151261104 5136 300000 SH DEFINED 0107 300000
CEMEX & TOLMEX ADR B COM 151290202 9568 708750 SH DEFINED 0112 708750
CEMEX & TOLMEX ADR B COM 151290202 12985 961875 SH DEFINED 011617 961875
CEMEX & TOLMEX ADR B COM 151290202 27 2025 SH DEFINED 0102 2025
CEMEX & TOLMEX ADR B COM 151290202 3873 286875 SH DEFINED 0131 286875
CEMEX & TOLMEX ADR B COM 151290202 193 14304 SH DEFINED 01 14304
CEMEX 144A ADS CPO COM 151290301 2582 202500 SH DEFINED 011617 202500
<PAGE> PAGE 16
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CENTER POINT COM 151895109 2255 110000 SH DEFINED 0107 110000
CENTEX CORPORATION COM 152312104 72 2800 SH DEFINED 0125 2800
CENTEX CORPORATION COM 152312104 10 400 SH DEFINED 0102 400
CENTEX CORPORATION COM 152312104 56 2185 SH DEFINED 0103 2185
CENTIGRAM COM 152317103 2058 108300 SH DEFINED 0106 108300
CENTIGRAM COM 152317103 2240 117900 SH DEFINED 011614 117900
CENTIGRAM COM 152317103 4200 221100 SH DEFINED 0102 221100
CENTIGRAM COM 152317103 2706 142400 SH DEFINED 0131 142400
CENTIGRAM COM 152317103 247 13000 SH DEFINED 0103 13000
CENTOCOR WTS WARRANT 152342143 131 25000 SH DEFINED 0106 25000
CENTOCOR WTS WARRANT 152342143 255 48500 SH DEFINED 0131 48500
CENTRAL & S W COM 152357109 132 6205 SH DEFINED 0103 6205
CENTRAL LA ELECTRIC COM 153897608 6110 260000 SH DEFINED 0132 260000
CENTRAL PUERTO ADS COM 155038102 9075 275000 SH DEFINED 0130 275000
CENTRAL PUERTO ADS COM 155038102 1320 40000 SH DEFINED 011620 40000
CENTRAL VT PUB SRV COM 155771108 1578 107912 SH DEFINED 0103 107912
CENTURY TELEPHONE EN COM 156686107 12938 500000 SH DEFINED 0111 500000
CENTURY TELEPHONE EN COM 156686107 5951 230000 SH DEFINED 011618 230000
CEPHALON INC COM 156708109 450 50000 SH DEFINED 0106 50000
CEPHALON INC COM 156708109 450 50000 SH DEFINED 011614 50000
CERIDIAN CORP COM 15677T106 14775 600000 SH DEFINED 011516 600000
CERIDIAN CORP COM 15677T106 35 1419 SH DEFINED 0103 1419
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 13388 225000 SH DEFINED 0130 225000
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 14191 238500 SH DEFINED 011516 238500
CERTIFIED CAP CORP COM 15689*106 55 55000 SH DEFINED 0116 55000
CHAMPION INTL COM 158525105 100 3050 SH DEFINED 0103 3050
CHART HOUSE ENTERPRI COM 160902102 1358 205000 SH DEFINED 0106 205000
CHART HOUSE ENTERPRI COM 160902102 1424 215000 SH DEFINED 011614 215000
CHARMING SHOPPES COM 161133103 32 3375 SH DEFINED 0103 3375
CHARTER MEDICAL CORP COM 161241708 5656 250000 SH DEFINED 011516 250000
CHASE MANHATTAN CORP COM 161610100 42 1100 SH DEFINED 0125 1100
CHASE MANHATTAN CORP COM 161610100 3825 100000 SH DEFINED 0107 100000
CHASE MANHATTAN CORP COM 161610100 8 200 SH DEFINED 0102 200
CHASE MANHATTAN CORP COM 161610100 246 6439 SH DEFINED 0103 6439
CHEMICAL BKG CORP COM 163722101 315 8179 SH DEFINED 0103 8179
CHEM NY SER C ARP PREFERRED STOCK 163722507 2450 200000 SH DEFINED 0116 200000
CHEROKEE SERIES A WARRANT 16444L111 2 7450 SH DEFINED 0109 7450
CHEROKEE SERIES B WARRANT 16444L129 1 9165 SH DEFINED 0109 9165
CHEROKEE SERIES C WARRANT 16444L137 2 27492 SH DEFINED 0109 27492
CHEVRON CORP COM 166751107 1059 25300 SH DEFINED 0125 25300
CHEVRON CORP COM 166751107 151 3600 SH DEFINED 0102 3600
CHEVRON CORP COM 166751107 1335 31886 SH DEFINED 0103 31886
CHINA LGT & PWR LTD COM 169400207 33 6600 SH DEFINED 0102 6600
CHIPCOM CORP COM 169617107 1570 40000 SH DEFINED 011620 40000
CHIRON CORP CONV BOND 170040AB5 1688 2500000 PRN DEFINED 0104 2500000
CHIRON CORP CONV BOND 170040AB5 1181 1750000 PRN DEFINED 011621 1750000
CHIRON CORP CONV BOND 170040AB5 506 750000 PRN DEFINED 0131 750000
CHIRON COM 170040109 3285 60000 SH DEFINED 0106 60000
CHIRON COM 170040109 3997 73000 SH DEFINED 011614 73000
CHIRON COM 170040109 7474 136500 SH DEFINED 0102 136500
<PAGE> PAGE 17
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CHIRON COM 170040109 4938 90200 SH DEFINED 0131 90200
CHIRON COM 170040109 120 2200 SH DEFINED 0103 2200
CHRYSLER COM 171196108 40056 850000 SH DEFINED 0126 850000
CHRYSLER COM 171196108 462 9800 SH DEFINED 0125 9800
CHRYSLER COM 171196108 2592 55000 SH DEFINED 011622 55000
CHRYSLER COM 171196108 5561 118000 SH DEFINED 011623 118000
CHRYSLER COM 171196108 12724 270000 SH DEFINED 011618 270000
CHRYSLER COM 171196108 17266 366429 SH DEFINED 0102 127300 239129
CHRYSLER COM 171196108 1174 24900 SH DEFINED 0103 9450 15450
CHRYSLER COM 171196108 2828 60000 SH DEFINED 01 60000
CHUBB CORP COM 171232101 225 2935 SH DEFINED 0103 2935
CIBER COM 17163B102 2319 265000 SH DEFINED 011516 265000
CIBA GEIGY/ALZA 144A CONV BOND 17163HAA7 3840 4000000 PRN DEFINED 0131 4000000
CINCINATTI G & E COM 172070104 8700 400000 SH DEFINED 0132 400000
CINCINNATI MILACRON COM 172172108 23 1090 SH DEFINED 0103 1090
CINERGI COM 172470106 2250 250000 SH DEFINED 0106 250000
CIRCUIT CITY COM 172737108 65 3157 SH DEFINED 0103 3157
CISCO SYSTEMS COM 17275R102 8181 350000 SH DEFINED 0130 350000
CISCO SYSTEMS COM 17275R102 5844 250000 SH DEFINED 0108 250000
CISCO SYSTEMS COM 17275R102 65450 2800000 SH DEFINED 0126 2800000
CISCO SYSTEMS COM 17275R102 7363 315000 SH DEFINED 0106 315000
CISCO SYSTEMS COM 17275R102 9350 400000 SH DEFINED 0111 400000
CISCO SYSTEMS COM 17275R102 37400 1600000 SH DEFINED 0124 1600000
CISCO SYSTEMS COM 17275R102 991 42400 SH DEFINED 0125 42400
CISCO SYSTEMS COM 17275R102 3787 162000 SH DEFINED 011622 162000
CISCO SYSTEMS COM 17275R102 8602 368000 SH DEFINED 011623 368000
CISCO SYSTEMS COM 17275R102 2805 120000 SH DEFINED 011619 120000
CISCO SYSTEMS COM 17275R102 1519 65000 SH DEFINED 011620 65000
CISCO SYSTEMS COM 17275R102 9116 390000 SH DEFINED 011614 390000
CISCO SYSTEMS COM 17275R102 117695 5035111 SH DEFINED 0102 1500220 3534891
CISCO SYSTEMS COM 17275R102 12599 539000 SH DEFINED 0131 539000
CISCO SYSTEMS COM 17275R102 4514 193177 SH DEFINED 0103 167200 25977
CISCO SYSTEMS COM 17275R102 10098 432000 SH DEFINED 01 432000
CITICORP COM 173034109 119625 3000000 SH DEFINED 0126 3000000
CITICORP COM 173034109 219 5500 SH DEFINED 0125 5500
CITICORP COM 173034109 32 800 SH DEFINED 0102 800
CITICORP COM 173034109 576 14445 SH DEFINED 0103 14445
CITICORP PERC CVT CONV PFD STOCK 173034430 9813 500000 SH DEFINED 011618 500000
CLARCOR INC COM 179895107 3315 192200 SH DEFINED 0128 192200
CLARK EQUIPMENT COM 181396102 39 647 SH DEFINED 0103 647
CLAYTON HOMES INC COM 184190106 8813 500000 SH DEFINED 0108 500000
CLEVELAND-CLIFFS IRN COM 185896107 3990 105000 SH DEFINED 0128 105000
CLOROX CO. COM 189054109 85 1745 SH DEFINED 0103 1745
COASTAL CORP COM 190441105 91 3380 SH DEFINED 0103 3380
COASTAL HEALTHCARE COM 190465104 1553 46000 SH DEFINED 0106 46000
COASTAL HEALTHCARE COM 190465104 1823 54000 SH DEFINED 011614 54000
COCA-COLA COM 191216100 40625 1000000 SH DEFINED 0126 1000000
COCA-COLA COM 191216100 24375 600000 SH DEFINED 0111 600000
COCA-COLA COM 191216100 987 24300 SH DEFINED 0125 24300
COCA-COLA COM 191216100 2438 60000 SH DEFINED 011622 60000
<PAGE> PAGE 18
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
COCA-COLA COM 191216100 5281 130000 SH DEFINED 011623 130000
COCA-COLA COM 191216100 19906 490000 SH DEFINED 011516 490000
COCA-COLA COM 191216100 14422 355000 SH DEFINED 011618 355000
COCA-COLA COM 191216100 24027 591399 SH DEFINED 0102 194500 396899
COCA-COLA COM 191216100 3014 74217 SH DEFINED 0103 21500 52717
COCA-COLA COM 191216100 4916 121000 SH DEFINED 01 121000
FEMSA COKE COM 191241108 6909 275000 SH DEFINED 0124 275000
FEMSA COKE COM 191241108 11306 450000 SH DEFINED 011516 450000
FEMSA COKE COM 191241108 1256 50000 SH DEFINED 011620 50000
COLGATE-PALMOLIVE COM 194162103 23400 450000 SH DEFINED 0124 450000
COLGATE-PALMOLIVE COM 194162103 6949 133620 SH DEFINED 0102 52100 81520
COLGATE-PALMOLIVE COM 194162103 1378 26508 SH DEFINED 0103 21500 5008
COLUMBIA GAS SYSTEM COM 197648108 44 1636 SH DEFINED 0103 1636
COLUMBIA HEALTHCARE COM 197677107 9344 250000 SH DEFINED 0130 250000
COLUMBIA HEALTHCARE COM 197677107 26910 720000 SH DEFINED 0126 720000
COLUMBIA HEALTHCARE COM 197677107 1379 36900 SH DEFINED 0125 36900
COLUMBIA HEALTHCARE COM 197677107 2243 60000 SH DEFINED 011622 60000
COLUMBIA HEALTHCARE COM 197677107 5046 135000 SH DEFINED 011623 135000
COLUMBIA HEALTHCARE COM 197677107 3252 87000 SH DEFINED 011516 87000
COLUMBIA HEALTHCARE COM 197677107 12708 340000 SH DEFINED 011618 340000
COLUMBIA HEALTHCARE COM 197677107 934 25000 SH DEFINED 011619 25000
COLUMBIA HEALTHCARE COM 197677107 1495 40000 SH DEFINED 011620 40000
COLUMBIA HEALTHCARE COM 197677107 10760 287926 SH DEFINED 0102 92300 195626
COLUMBIA HEALTHCARE COM 197677107 1836 49128 SH DEFINED 0103 22550 26578
COLUMBIA HEALTHCARE COM 197677107 14763 395000 SH DEFINED 01 395000
COLUMBUS REALTY COM 199567108 4200 200000 SH DEFINED 0107 200000
COMCAST CORP CONV BOND 200300AR2 2250 5000000 PRN DEFINED 0104 5000000
COMCAST CORP CONV BOND 200300AR2 13410 29800000 PRN DEFINED 011516 29800000
COMCAST CORP CONV BOND 200300AR2 1575 3500000 PRN DEFINED 011621 3500000
COMCAST CORP CONV BOND 200300AR2 675 1500000 PRN DEFINED 0131 1500000
COMCAST CORPORATION COM 200300101 2430 135000 SH DEFINED 0106 135000
COMCAST CORPORATION COM 200300101 10800 600000 SH DEFINED 0111 600000
COMCAST CORPORATION COM 200300101 1800 100000 SH DEFINED 011622 100000
COMCAST CORPORATION COM 200300101 4086 227000 SH DEFINED 011623 227000
COMCAST CORPORATION COM 200300101 13050 725000 SH DEFINED 011516 725000
COMCAST CORPORATION COM 200300101 9000 500000 SH DEFINED 011618 500000
COMCAST CORPORATION COM 200300101 2700 150000 SH DEFINED 011614 150000
COMCAST CORPORATION COM 200300101 81 4500 SH DEFINED 0102 4500
COMCAST CORPORATION COM 200300101 3060 170000 SH DEFINED 0131 170000
COMCAST CORP CLA SPL COM 200300200 1170 65000 SH DEFINED 0106 65000
COMCAST CORP CLA SPL COM 200300200 5400 300000 SH DEFINED 0111 300000
COMCAST CORP CLA SPL COM 200300200 4500 250000 SH DEFINED 011618 250000
COMCAST CORP CLA SPL COM 200300200 1170 65000 SH DEFINED 011614 65000
COMCAST CORP CLA SPL COM 200300200 42 2250 SH DEFINED 0102 2250
COMCAST CORP CLA SPL COM 200300200 1530 85000 SH DEFINED 0131 85000
COMCAST CORP CLA SPL COM 200300200 128 7098 SH DEFINED 0103 7098
COMCAST CORP CLA SPL COM 200300200 5220 290000 SH DEFINED 01 290000
COMMERCIAL METALS COM 201723103 2575 100000 SH DEFINED 0111 100000
COMMNET CELLULAR INC COM 202604104 2860 160000 SH DEFINED 0106 160000
COMMNET CELLULAR INC COM 202604104 2860 160000 SH DEFINED 011614 160000
<PAGE> PAGE 19
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 9744 94605 SH DEFINED 0105 94605
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 5907 57348 SH DEFINED 01 57348
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 1426 13844 SH DEFINED 0116 13844
COMMONWEALTH EDISON COM 202795100 161 7073 SH DEFINED 0103 7073
COMMONWEALTH EDISON PREFERRED STOCK 2027959A0 10043 97500 SH DEFINED 0105 97500
COMMONWEALTH EDISON PREFERRED STOCK 202990925 4096 40153 SH DEFINED 01 40153
COMMUNICATIONS CENTR COM 203388103 720 60000 SH DEFINED 011619 60000
COMMUNITY HEALTH SYS COM 203666102 3735 180000 SH DEFINED 0128 180000
COMMUNITY HEALTH SYS COM 203666102 2932 141300 SH DEFINED 01 141300
COMMUNITY PSYCH CNTR COM 204015101 6828 575000 SH DEFINED 011516 575000
COMMUNITY PSYCH CNTR COM 204015101 17 1415 SH DEFINED 0103 1415
CHILE TELEPHONE CO COM 204449201 2488 29100 SH DEFINED 0112 29100
CHILE TELEPHONE CO COM 204449201 5130 60000 SH DEFINED 011617 60000
CHILE TELEPHONE CO COM 204449201 923 10800 SH DEFINED 0131 10800
COMP NAVIERA PEREZ COM 204484109 7365 750000 SH DEFINED 01 750000
COMP NAVIERA PEREZ COM 204484109 4665 475000 SH DEFINED 0107 475000
COMP NAVIERA PEREZ COM 204484109 1326 135000 SH DEFINED 011620 135000
COMPAQ COMPUTER CORP COM 204493100 7256 225000 SH DEFINED 0130 225000
COMPAQ COMPUTER CORP COM 204493100 58050 1800000 SH DEFINED 0126 1800000
COMPAQ COMPUTER CORP COM 204493100 14513 450000 SH DEFINED 0111 450000
COMPAQ COMPUTER CORP COM 204493100 951 29500 SH DEFINED 0125 29500
COMPAQ COMPUTER CORP COM 204493100 4838 150000 SH DEFINED 011622 150000
COMPAQ COMPUTER CORP COM 204493100 11126 345000 SH DEFINED 011623 345000
COMPAQ COMPUTER CORP COM 204493100 11771 365000 SH DEFINED 011516 365000
COMPAQ COMPUTER CORP COM 204493100 1613 50000 SH DEFINED 011618 50000
COMPAQ COMPUTER CORP COM 204493100 1451 45000 SH DEFINED 011620 45000
COMPAQ COMPUTER CORP COM 204493100 64487 1999500 SH DEFINED 0102 573200 1426300
COMPAQ COMPUTER CORP COM 204493100 10320 320000 SH DEFINED 0131 320000
COMPAQ COMPUTER CORP COM 204493100 936 29016 SH DEFINED 0103 8650 20366
COMPAQ COMPUTER CORP COM 204493100 290 9000 SH DEFINED 01 9000
COMPUTER ASSOC COM 204912109 10000 250000 SH DEFINED 0130 250000
COMPUTER ASSOC COM 204912109 4000 100000 SH DEFINED 0108 100000
COMPUTER ASSOC COM 204912109 60000 1500000 SH DEFINED 0126 1500000
COMPUTER ASSOC COM 204912109 132 3300 SH DEFINED 0125 3300
COMPUTER ASSOC COM 204912109 5600 140000 SH DEFINED 011622 140000
COMPUTER ASSOC COM 204912109 12480 312000 SH DEFINED 011623 312000
COMPUTER ASSOC COM 204912109 16160 404000 SH DEFINED 011618 404000
COMPUTER ASSOC COM 204912109 26598 664837 SH DEFINED 0102 238100 426737
COMPUTER ASSOC COM 204912109 1390 34744 SH DEFINED 0103 27800 6944
COMPUTER ASSOC COM 204912109 1652 41300 SH DEFINED 01 41300
COMPUTER SCIENCES COM 205363104 68 1636 SH DEFINED 0103 1636
COMPUWARE COM 205638109 2896 70000 SH DEFINED 0106 70000
COMPUWARE COM 205638109 2069 50000 SH DEFINED 011619 50000
COMPUWARE COM 205638109 3724 90000 SH DEFINED 011614 90000
COMPUWARE COM 205638109 7981 192900 SH DEFINED 0102 192900
COMPUWARE COM 205638109 4965 120000 SH DEFINED 0131 120000
COMPUWARE COM 205638109 426 10300 SH DEFINED 0103 10300
COMSAT CORP COM 20564D107 4418 190000 SH DEFINED 0128 190000
COMSAT CORP COM 20564D107 4443 191100 SH DEFINED 0107 191100
COMSAT CORP COM 20564D107 5115 220000 SH DEFINED 011618 220000
<PAGE> PAGE 20
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
COMSAT CORP COM 20564D107 10990 472700 SH DEFINED 0131 472700
COMSAT CORP COM 20564D107 477 20500 SH DEFINED 0103 20500
CONAGRA COM 205887102 249 8164 SH DEFINED 0103 8164
CONCORD HOLDING COM 206248106 3200 400000 SH DEFINED 011516 400000
CONNECTICUT ENERGY C COM 207567108 1792 88500 SH DEFINED 0132 88500
CONNER PERIPHERALS CONV BOND 208108AB6 12094 15000000 PRN DEFINED 0130 15000000
CONNER PERIPHERALS CONV BOND 208108AB6 8063 10000000 PRN DEFINED 011618 10000000
CONNER PERIPHERALS CONV BOND 208108AC4 4075 5000000 PRN DEFINED 0104 5000000
CONNER PERIPHERALS CONV BOND 208108AC4 2445 3000000 PRN DEFINED 011621 3000000
CONNER PERIPHERALS CONV BOND 208108AC4 1630 2000000 PRN DEFINED 0131 2000000
CONRAIL INC. COM 208368100 4709 86000 SH DEFINED 0108 86000
CONRAIL INC. COM 208368100 1133 20700 SH DEFINED 0125 20700
CONRAIL INC. COM 208368100 71271 1301740 SH DEFINED 0102 507700 794040
CONRAIL INC. COM 208368100 1561 28513 SH DEFINED 0103 17100 11413
CONRAIL INC. COM 208368100 5481 100100 SH DEFINED 01 100100
CONSECO S D $50 CVT CONV PFD STOCK 208464305 583 13000 SH DEFINED 0107 13000
CONSO COM 20854R105 4125 300000 SH DEFINED 0107 300000
CONSO COM 20854R105 894 65000 SH DEFINED 011619 65000
CONSOLIDATED EDISON COM 209111103 205 7728 SH DEFINED 0103 7728
CON FREIGHTWAYS COM 209237106 26 1095 SH DEFINED 0103 1095
CONSOL NAT GAS PUTOO CONV BOND 209615BL6 5131 5000000 PRN DEFINED 0132 5000000
CONSOLIDATED NAT GAS COM 209615103 115 3050 SH DEFINED 0103 3050
CONSORCIO G ADR DINA COM 210306106 1229 117000 SH DEFINED 011620 117000
CONSORCIO G ADR DINA COM 210306106 2520 240000 SH DEFINED 01 240000
CONTINENTAL BANK COM 211113105 10875 300000 SH DEFINED 011516 300000
CONTINENTAL CORP COM 211327101 1550 100000 SH DEFINED 0107 100000
CONTINENTAL CORP COM 211327101 27 1748 SH DEFINED 0103 1748
CONVEX COMPUTER CORP CONV BOND 212578AA6 2260 4000000 PRN DEFINED 011621 4000000
CONVEX COMPUTER CORP CONV BOND 212578AA6 1130 2000000 PRN DEFINED 0131 2000000
COOPER INDUSTRIES COM 216669101 133 3707 SH DEFINED 0103 3707
COOPER TIRE & RUBBER COM 216831107 501 21675 SH DEFINED 0102 21675
COOPER TIRE & RUBBER COM 216831107 63 2723 SH DEFINED 0103 2723
COORS ADOLPH COM 217016104 21 1203 SH DEFINED 0103 1203
CORESTATES FINANCIAL COM 218695104 18025 700000 SH DEFINED 0113 700000
CORESTATES FINANCIAL COM 218695104 99 3856 SH DEFINED 0103 3856
CORNING INC COM 219350105 211 6465 SH DEFINED 0103 6465
CORRPRO CO COM 220317101 1805 140200 SH DEFINED 0106 140200
CORRPRO CO COM 220317101 1288 100000 SH DEFINED 011619 100000
CORRPRO CO COM 220317101 2057 159800 SH DEFINED 011614 159800
COSTCO WHOLESALE CO CONV BOND 221607AB0 12825 15000000 PRN DEFINED 0124 15000000
COVENTRY CORPORATION COM 222853103 7105 193300 SH DEFINED 0102 193300
COVENTRY CORPORATION COM 222853103 114 3100 SH DEFINED 0103 3100
CRACKER BRL OLD CTRY COM 224100107 5253 220000 SH DEFINED 0106 220000
CRACKER BRL OLD CTRY COM 224100107 6208 260000 SH DEFINED 011614 260000
CRACKER BRL OLD CTRY COM 224100107 3235 135500 SH DEFINED 0131 135500
CRACKER BRL OLD CTRY COM 224100107 955 40000 SH DEFINED 01 40000
CRANE CO. COM 224399105 26 980 SH DEFINED 0103 980
CRAY RESEARCH INC COM 225224104 20 871 SH DEFINED 0103 871
CRESCENT COM 225756105 4050 150000 SH DEFINED 0113 150000
CRIMI MAE INC. COM 226603108 2625 250000 SH DEFINED 0107 250000
<PAGE> PAGE 21
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CROMPTON & KNOWLES COM 227111101 10350 600000 SH DEFINED 0124 600000
CROMPTON & KNOWLES COM 227111101 690 40000 SH DEFINED 01 40000
CROP GROWERS COM 227297108 473 60000 SH DEFINED 011619 60000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 848 1000000 PRN DEFINED 0104 1000000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 424 500000 PRN DEFINED 0107 500000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 636 750000 PRN DEFINED 011621 750000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 1271 1500000 PRN DEFINED 011620 1500000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 424 500000 PRN DEFINED 0131 500000
CROSS TIMBER COM 227573102 2590 185000 SH DEFINED 0128 185000
CROSS TIMBER COM 227573102 2450 175000 SH DEFINED 0124 175000
CROSS TIMBER COM 227573102 560 40000 SH DEFINED 011619 40000
CROWN AMERICA COM 228186102 10168 760200 SH DEFINED 0113 760200
CROWN AMERICA COM 228186102 6019 450000 SH DEFINED 0107 450000
CROWN AMERICA COM 228186102 2889 216000 SH DEFINED 01 216000
CROWN CORK & SEAL COM 228255105 9313 250000 SH DEFINED 0108 250000
CROWN CORK & SEAL COM 228255105 18625 500000 SH DEFINED 011516 500000
CROWN CORK & SEAL COM 228255105 10744 288440 SH DEFINED 0102 152870 135570
CROWN CORK & SEAL COM 228255105 109 2938 SH DEFINED 0103 2938
CROWN PKG WTS WARRANT 228443115 175 5000 SH DEFINED 0104 5000
CROWN PKG WTS WARRANT 228443115 350 10000 SH DEFINED 0109 10000
CUMMINS ENGINE COM 231021106 48 1115 SH DEFINED 0103 1115
CYPRESS SEMICONDCTR COM 232806109 650 40000 SH DEFINED 011619 40000
CYPRUS AMAX MINERALS COM 232809103 26775 900000 SH DEFINED 0130 900000
CYPRUS AMAX MINERALS COM 232809103 131 4400 SH DEFINED 0125 4400
CYPRUS AMAX MINERALS COM 232809103 7438 250000 SH DEFINED 011516 250000
CYPRUS AMAX MINERALS COM 232809103 5950 200000 SH DEFINED 011618 200000
CYPRUS AMAX MINERALS COM 232809103 1488 50000 SH DEFINED 011620 50000
CYPRUS AMAX MINERALS COM 232809103 42095 1415046 SH DEFINED 0102 508400 906646
CYPRUS AMAX MINERALS COM 232809103 146 4895 SH DEFINED 0103 4895
CYPRUS AMAX MINERALS COM 232809103 8360 281000 SH DEFINED 01 281000
DQE COM 23329J104 4148 140000 SH DEFINED 0132 140000
DPL INC COM 233293109 5925 300000 SH DEFINED 0132 300000
DPL INC COM 233293109 7137 361370 SH DEFINED 0103 361370
DSC COMMUNICATIONS COM 233311109 69 3510 SH DEFINED 0103 3510
DAMARK FNTL INC COM 235691102 3781 550000 SH DEFINED 011516 550000
DANA CORP COM 235811106 28500 1000000 SH DEFINED 0130 1000000
DANA CORP COM 235811106 11400 400000 SH DEFINED 0108 400000
DANA CORP COM 235811106 22800 800000 SH DEFINED 0113 800000
DANA CORP COM 235811106 87 3066 SH DEFINED 0103 3066
DANKA BUSINESS SYS P COM 236277109 4187 105000 SH DEFINED 0106 105000
DANKA BUSINESS SYS P COM 236277109 13956 350000 SH DEFINED 0111 350000
DANKA BUSINESS SYS P COM 236277109 259 6500 SH DEFINED 011516 6500
DANKA BUSINESS SYS P COM 236277109 1595 40000 SH DEFINED 011619 40000
DANKA BUSINESS SYS P COM 236277109 5383 135000 SH DEFINED 011614 135000
DANKA BUSINESS SYS P COM 236277109 10628 266500 SH DEFINED 0102 266500
DANKA BUSINESS SYS P COM 236277109 2592 65000 SH DEFINED 0131 65000
DANKA BUSINESS SYS P COM 236277109 215 5400 SH DEFINED 0103 5400
DANKA BUSINESS SYS P COM 236277109 6380 160000 SH DEFINED 01 160000
DATA GENERAL COM 237688106 8 1096 SH DEFINED 0103 1096
DAYTON HUDSON CORP COM 239753106 10125 125000 SH DEFINED 0108 125000
<PAGE> PAGE 22
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DAYTON HUDSON CORP COM 239753106 21060 260000 SH DEFINED 0126 260000
DAYTON HUDSON CORP COM 239753106 2349 29000 SH DEFINED 0125 29000
DAYTON HUDSON CORP COM 239753106 117120 1445785 SH DEFINED 0102 500400 945385
DAYTON HUDSON CORP COM 239753106 10125 125000 SH DEFINED 0131 125000
DAYTON HUDSON CORP COM 239753106 5163 63742 SH DEFINED 0103 43450 20292
DAYTON HUDSON CORP COM 239753106 4836 59700 SH DEFINED 01 59700
DEBEERS CONS MINES COM 240253302 2781 125000 SH DEFINED 0128 125000
DEBEERS CONS MINES COM 240253302 2781 125000 SH DEFINED 0124 125000
DEBEERS CONS MINES COM 240253302 11659 524000 SH DEFINED 0131 524000
DEBEERS CONS MINES COM 240253302 512 23000 SH DEFINED 0103 23000
DEAN FOODS COM 242361103 4320 160000 SH DEFINED 0128 160000
DEAN WITTER COM 24240V101 37500 1000000 SH DEFINED 0126 1000000
DEAN WITTER COM 24240V101 2625 70000 SH DEFINED 011622 70000
DEAN WITTER COM 24240V101 5775 154000 SH DEFINED 011623 154000
DEAN WITTER COM 24240V101 11250 300000 SH DEFINED 011618 300000
DEAN WITTER COM 24240V101 655 17468 SH DEFINED 0102 17468
DEAN WITTER COM 24240V101 6371 169900 SH DEFINED 0131 169900
DEAN WITTER COM 24240V101 635 16919 SH DEFINED 0103 10500 6419
DEERE & COMPANY COM 244199105 14201 210000 SH DEFINED 011516 210000
DEERE & COMPANY COM 244199105 182 2691 SH DEFINED 0103 2691
DELTA AIR LINES CONV BOND 247361YA0 8986 13000000 PRN DEFINED 0113 13000000
DELTA AIR LINES CONV BOND 247361YA0 2765 4000000 PRN DEFINED 0107 4000000
DELTA AIR LINES CONV BOND 247361YA0 2765 4000000 PRN DEFINED 0131 4000000
DELTA AIR LINES CONV BOND 247361YA0 553 800000 PRN DEFINED 0103 800000
DELTA AIR LINES COM 247361108 74 1635 SH DEFINED 0103 1635
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 9050 200000 SH DEFINED 0113 200000
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 4525 100000 SH DEFINED 0107 100000
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 2489 55000 SH DEFINED 0131 55000
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 118 2600 SH DEFINED 0103 2600
DELTA WOODSIDE INDS COM 247909104 2938 250000 SH DEFINED 0107 250000
DELUXE CORPORATION COM 248019101 72 2722 SH DEFINED 0103 2722
DENTSPLY INTERNATL I COM 249030107 5250 150000 SH DEFINED 0124 150000
DEPARTMENT 56 COM 249509100 1913 60000 SH DEFINED 011619 60000
DETROIT EDISON COM 250847100 119 4795 SH DEFINED 0103 4795
DEVELOPERS DIV COM 251591103 3875 125000 SH DEFINED 0130 125000
DEVELOPERS DIV COM 251591103 3875 125000 SH DEFINED 0107 125000
DEV BANK SINGAPORE COM 251594305 431 11250 SH DEFINED 0131 11250
DEVON ENERGY COM 251799102 5625 250000 SH DEFINED 0111 250000
DEVON ENERGY COM 251799102 5400 240000 SH DEFINED 0124 240000
DEVON ENERGY COM 251799102 11215 498400 SH DEFINED 0102 498400
DEVON ENERGY COM 251799102 216 9600 SH DEFINED 0103 9600
DIAL PAGE WARRANTS WARRANT 252460993 0 18902 SH DEFINED 0109 18902
DIAL CORP ARIZONA COM 252470109 65 1527 SH DEFINED 0103 1527
DIAMETRICS COM 252532106 1350 200000 SH DEFINED 0106 200000
DIAGNOSTEK INC COM 252900105 761 35000 SH DEFINED 011619 35000
DIGITAL EQUIPMENT COM 253849103 85 4372 SH DEFINED 0103 4372
DIGITAL EQUIPMENT COM 253849103 484 25000 SH DEFINED 01 25000
DIGITAL LINK COM 253856108 5000 500000 SH DEFINED 011516 500000
DIMAC DIRECT COM 253914105 80 10400 SH DEFINED 0104 10400
DIMAC DIRECT COM 253914105 100 13000 SH DEFINED 0109 13000
<PAGE> PAGE 23
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DILLARD DEPT CLASS A COM 254063100 10806 350000 SH DEFINED 0124 350000
DILLARD DEPT CLASS A COM 254063100 34992 1133260 SH DEFINED 0102 477400 655860
DILLARD DEPT CLASS A COM 254063100 114 3704 SH DEFINED 0103 3704
DILLARD DEPT CLASS A COM 254063100 1235 40000 SH DEFINED 01 40000
DISNEY WALT CO COM 254687106 10406 250000 SH DEFINED 0126 250000
DISNEY WALT CO COM 254687106 20813 500000 SH DEFINED 0111 500000
DISNEY WALT CO COM 254687106 2498 60000 SH DEFINED 011622 60000
DISNEY WALT CO COM 254687106 5828 140000 SH DEFINED 011623 140000
DISNEY WALT CO COM 254687106 24975 600000 SH DEFINED 011516 600000
DISNEY WALT CO COM 254687106 9990 240000 SH DEFINED 011618 240000
DISNEY WALT CO COM 254687106 152 3654 SH DEFINED 0102 3654
DISNEY WALT CO COM 254687106 722 17345 SH DEFINED 0103 17345
DOMINION RES INC VA COM 257470104 1273 35000 SH DEFINED 0125 35000
DOMINION RES INC VA COM 257470104 178 4900 SH DEFINED 0102 4900
DOMINION RES INC VA COM 257470104 736 20250 SH DEFINED 0103 20250
DONNELLEY (RR)&SONS COM 257867101 145 5225 SH DEFINED 0103 5225
DONN-KENNY COM 258006105 2521 104500 SH DEFINED 0106 104500
DONN-KENNY COM 258006105 6031 250000 SH DEFINED 011516 250000
DONN-KENNY COM 258006105 1809 75000 SH DEFINED 011619 75000
DONN-KENNY COM 258006105 2960 122700 SH DEFINED 011614 122700
DOVER CORP COM 260003108 63489 1078369 SH DEFINED 0103 1078369
DOW CHEMICAL COM 260543103 24516 375000 SH DEFINED 0130 375000
DOW CHEMICAL COM 260543103 71913 1100000 SH DEFINED 0126 1100000
DOW CHEMICAL COM 260543103 29419 450000 SH DEFINED 0113 450000
DOW CHEMICAL COM 260543103 49031 750000 SH DEFINED 0124 750000
DOW CHEMICAL COM 260543103 621 9500 SH DEFINED 0125 9500
DOW CHEMICAL COM 260543103 13075 200000 SH DEFINED 0107 200000
DOW CHEMICAL COM 260543103 13075 200000 SH DEFINED 011618 200000
DOW CHEMICAL COM 260543103 102627 1569678 SH DEFINED 0102 606200 963478
DOW CHEMICAL COM 260543103 11441 175000 SH DEFINED 0131 175000
DOW CHEMICAL COM 260543103 4288 65586 SH DEFINED 0103 44650 20936
DOW CHEMICAL COM 260543103 22758 348100 SH DEFINED 01 348100
DOW JONES & CO COM 260561105 101 3265 SH DEFINED 0103 3265
DRESSER INDUSTRIES COM 261597108 1333 65000 SH DEFINED 011620 65000
DRESSER INDUSTRIES COM 261597108 96 4687 SH DEFINED 0103 4687
DRIEFONTEIN CON ADR COM 262026404 2793 205000 SH DEFINED 0127 205000
DREYFUS MONEY MARKET COM 262904204 3 3441 SH DEFINED 01 3441
E I DUPONT COM 263534109 1297 22218 SH DEFINED 0103 22218
DUKE POWER COMPANY COM 264399106 12513 350000 SH DEFINED 0132 350000
DUKE POWER COMPANY COM 264399106 241 6749 SH DEFINED 0103 6749
DUKE REALTY COM 264411505 4314 170000 SH DEFINED 011618 170000
DUN & BRADSTREET CP COM 264830100 20813 375000 SH DEFINED 0113 375000
DUN & BRADSTREET CP COM 264830100 8325 150000 SH DEFINED 0131 150000
DUN & BRADSTREET CP COM 264830100 742 13375 SH DEFINED 0103 13375
DURACELL COM 26633L103 15600 400000 SH DEFINED 0111 400000
DURACELL COM 26633L103 23400 600000 SH DEFINED 0124 600000
DURACELL COM 26633L103 4380 112160 SH DEFINED 0102 39100 73060
DURACELL COM 26633L103 792 20300 SH DEFINED 0103 20300
DURACELL COM 26633L103 1950 50000 SH DEFINED 01 50000
DURACRAFT COM 266332105 1531 35000 SH DEFINED 011619 35000
<PAGE> PAGE 24
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ECI TELECOMMUNICATIO COM 268258100 2475 150000 SH DEFINED 0106 150000
ECI TELECOMMUNICATIO COM 268258100 3053 185000 SH DEFINED 011614 185000
ECI TELECOMMUNICATIO COM 268258100 18 1100 SH DEFINED 0102 1100
ECI TELECOMMUNICATIO COM 268258100 3887 235600 SH DEFINED 0131 235600
ECI TELECOMMUNICATIO COM 268258100 241 14600 SH DEFINED 0103 14600
E G & G INC COM 268457108 28 1854 SH DEFINED 0103 1854
EGSF VENTURE CAPITAL COM 268460995 33 60 SH DEFINED 0102 60
EIS INTERNATIONAL IN COM 268539103 700 70000 SH DEFINED 011619 70000
E-SYSTEMS INC COM 269157301 41 1091 SH DEFINED 0103 1091
EUA POWER CORP 17.5 COM 269260204 0 5000 SH DEFINED 0104 5000
EUA POWER CORP 17.5 COM 269260204 0 5000 SH DEFINED 0109 5000
EASTERN ENTERPRISES COM 27637F100 17 761 SH DEFINED 0103 761
EASTGROUP PROPERTIES COM 277270104 1925 100000 SH DEFINED 0107 100000
EASTMAN CHEMICAL CO COM 277432100 7163 150000 SH DEFINED 0107 150000
EASTMAN CHEMICAL CO COM 277432100 126 2646 SH DEFINED 0103 2646
EASTMAN CHEMICAL CO COM 277432100 478 10000 SH DEFINED 01 10000
EASTMAN KODAK COM 277461109 514 10684 SH DEFINED 0103 10684
EATON CORP COM 278058102 39000 750000 SH DEFINED 0126 750000
EATON CORP COM 278058102 4160 80000 SH DEFINED 011622 80000
EATON CORP COM 278058102 9152 176000 SH DEFINED 011623 176000
EATON CORP COM 278058102 65206 1253811 SH DEFINED 0102 473900 779911
EATON CORP COM 278058102 1603 30848 SH DEFINED 0103 28550 2298
EATON CORP COM 278058102 3328 64000 SH DEFINED 01 64000
ECHLIN INC COM 278749106 56 1859 SH DEFINED 0103 1859
ECHO BAY FINANCE CONV PFD STOCK 27875L207 1731 50000 SH DEFINED 0127 50000
ECHO BAY MINES LTD COM 278751102 38 3501 SH DEFINED 0103 3501
ECOLAB, INC. COM 278865100 4400 200000 SH DEFINED 0128 200000
ECOLAB, INC. COM 278865100 7040 320000 SH DEFINED 0131 320000
ECOLAB, INC. COM 278865100 363 16470 SH DEFINED 0103 16470
EDISON WNTS 12/31/95 WARRANT 280700998 936 8000000 SH DEFINED 0107 8000000
ELAN CORP PLC ADR COM 284131208 9132 262800 SH DEFINED 0102 262800
ELAN CORP PLC ADR COM 284131208 640 18400 SH DEFINED 0103 18400
EMERSON ELECTRIC COM 291011104 19906 350000 SH DEFINED 0124 350000
EMERSON ELECTRIC COM 291011104 15072 265000 SH DEFINED 011516 265000
EMERSON ELECTRIC COM 291011104 13081 230000 SH DEFINED 011618 230000
EMERSON ELECTRIC COM 291011104 14971 263150 SH DEFINED 0102 80050 183100
EMERSON ELECTRIC COM 291011104 10522 185000 SH DEFINED 0131 185000
EMERSON ELECTRIC COM 291011104 898 15803 SH DEFINED 0103 15803
EMPRESA NACIONAL DE COM 292447208 4488 100000 SH DEFINED 0132 100000
EMPRESAS ICA SOC CVT CONV BOND 292448AC1 3620 4000000 PRN DEFINED 0107 4000000
EMPRESAS ICA S COM 292448107 5760 240000 SH DEFINED 0112 240000
EMPRESAS ICA S COM 292448107 12720 530000 SH DEFINED 011617 530000
EMPRESAS ICA S COM 292448107 2400 100000 SH DEFINED 0131 100000
EMPRESAS ICA S COM 292448107 12213 508855 SH DEFINED 01 508855
EMPRESSAS LAMODERNA COM 292449105 7463 300000 SH DEFINED 0124 300000
ENERGY BIO COM 29265L102 693 84000 SH DEFINED 0106 84000
ENERGY BIO COM 29265L102 495 60000 SH DEFINED 011614 60000
ENGELHARD CORP COM 292845104 48 1900 SH DEFINED 0125 1900
ENGELHARD CORP COM 292845104 8 300 SH DEFINED 0102 300
ENGELHARD CORP COM 292845104 101 4006 SH DEFINED 0103 4006
<PAGE> PAGE 25
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ENHANCE FINANCIAL SV COM 293310108 2625 150000 SH DEFINED 0128 150000
ENHANCE FINANCIAL SV COM 293310108 5250 300000 SH DEFINED 0131 300000
ENHANCE FINANCIAL SV COM 293310108 249 14200 SH DEFINED 0103 14200
ENRON CORP COM 293561106 24563 750000 SH DEFINED 0130 750000
ENRON CORP COM 293561106 58950 1800000 SH DEFINED 0126 1800000
ENRON CORP COM 293561106 2784 85000 SH DEFINED 0106 85000
ENRON CORP COM 293561106 13100 400000 SH DEFINED 0111 400000
ENRON CORP COM 293561106 16375 500000 SH DEFINED 0132 500000
ENRON CORP COM 293561106 17358 530000 SH DEFINED 0124 530000
ENRON CORP COM 293561106 478 14600 SH DEFINED 0125 14600
ENRON CORP COM 293561106 5142 157000 SH DEFINED 011622 157000
ENRON CORP COM 293561106 11463 350000 SH DEFINED 011623 350000
ENRON CORP COM 293561106 9006 275000 SH DEFINED 011516 275000
ENRON CORP COM 293561106 13100 400000 SH DEFINED 011618 400000
ENRON CORP COM 293561106 1310 40000 SH DEFINED 011620 40000
ENRON CORP COM 293561106 2784 85000 SH DEFINED 011614 85000
ENRON CORP COM 293561106 66199 2021385 SH DEFINED 0102 770100 1251285
ENRON CORP COM 293561106 16375 500000 SH DEFINED 0131 500000
ENRON CORP COM 293561106 3388 103497 SH DEFINED 0103 74050 29447
ENRON CORP COM 293561106 7356 224600 SH DEFINED 01 224600
ENRON OIL & GAS CO COM 293562104 10350 450000 SH DEFINED 0108 450000
ENRON OIL & GAS CO COM 293562104 2990 130000 SH DEFINED 0106 130000
ENRON OIL & GAS CO COM 293562104 4600 200000 SH DEFINED 0111 200000
ENRON OIL & GAS CO COM 293562104 1472 64000 SH DEFINED 011622 64000
ENRON OIL & GAS CO COM 293562104 3358 146000 SH DEFINED 011623 146000
ENRON OIL & GAS CO COM 293562104 3036 132000 SH DEFINED 011614 132000
ENRON OIL & GAS CO COM 293562104 18759 815600 SH DEFINED 0102 815600
ENRON OIL & GAS CO COM 293562104 3910 170000 SH DEFINED 0131 170000
ENRON OIL & GAS CO COM 293562104 299 13000 SH DEFINED 0103 13000
ENSERCH CORP COM 293567103 33 2279 SH DEFINED 0103 2279
ENSYS COM 293598108 219 65000 SH DEFINED 0106 65000
ENSYS COM 293598108 152 45000 SH DEFINED 011614 45000
ENTERGY CORP COM 29364G103 150 6044 SH DEFINED 0103 6044
ENTERPRISE OIL - ADR COM 293779302 16256 900000 SH DEFINED 0124 900000
ENTERPRISE OIL - ADR COM 293779302 1626 90000 SH DEFINED 0107 90000
ENTERPRISE OIL - ADR COM 293779302 6511 360464 SH DEFINED 0131 360464
ENTERPRISE OIL - ADR COM 293779302 372 20597 SH DEFINED 0103 20597
ENTERRA CORP COM 293805107 5775 275000 SH DEFINED 0108 275000
ENVOY CORP COM 293944104 2890 170000 SH DEFINED 0102 170000
ENVOY CORP COM 293944104 53 3100 SH DEFINED 0103 3100
ENVIRODYNE IND INC COM 294037205 1091 242372 SH DEFINED 0104 242372
ENVIRODYNE IND INC COM 294037205 3272 727116 SH DEFINED 0109 727116
ENVIRODYNE IND INC COM 294037205 409 90890 SH DEFINED 011621 90890
ENVIRODYNE IND INC COM 294037205 1745 387795 SH DEFINED 0116 387795
ENVIRODYNE IND INC COM 294037205 136 30296 SH DEFINED 0131 30296
ENVIRODYNE IND INC COM 294037205 163 36356 SH DEFINED 01 36356
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 11872 112000 SH DEFINED 0109 112000
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 3180 30000 SH DEFINED 0131 30000
EQUIFAX INC COM 294429105 2 84 SH DEFINED 0102 84
EQUITABLE COS INC COM 29444G107 31950 1800000 SH DEFINED 0126 1800000
<PAGE> PAGE 26
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
EQUITABLE COS INC COM 29444G107 2130 120000 SH DEFINED 011622 120000
EQUITABLE COS INC COM 29444G107 4793 270000 SH DEFINED 011623 270000
EQUITABLE CO 144A 50 CONV PFD STOCK 29444G305 12856 275000 SH DEFINED 0130 275000
EQUITABLE CO 144A 50 CONV PFD STOCK 29444G305 12623 270000 SH DEFINED 0124 270000
EQUITABLE CO 144A 50 CONV PFD STOCK 29444G305 4675 100000 SH DEFINED 0107 100000
EQUITABLE OF IOWA CO COM 294510300 3637 115000 SH DEFINED 0106 115000
EQUITABLE OF IOWA CO COM 294510300 5060 160000 SH DEFINED 011614 160000
EQUITABLE OF IOWA CO COM 294510300 13 400 SH DEFINED 0102 400
EQUITABLE OF IOWA CO COM 294510300 2802 88600 SH DEFINED 0131 88600
EQUITABLE OF IOWA CO COM 294510300 171 5400 SH DEFINED 0103 5400
EQUITABLE RESOURCES COM 294549100 6875 200000 SH DEFINED 0108 200000
EQUITABLE RESOURCES COM 294549100 3953 115000 SH DEFINED 0128 115000
EQUITABLE RESOURCES COM 294549100 11172 325000 SH DEFINED 0132 325000
EQUITABLE RESOURCES COM 294549100 8594 250000 SH DEFINED 0124 250000
EQUITABLE RESOURCES COM 294549100 2750 80000 SH DEFINED 011618 80000
EQUITABLE RESOURCES COM 294549100 9499 276405 SH DEFINED 0102 61200 215205
EQUITABLE RESOURCES COM 294549100 9247 269000 SH DEFINED 01 269000
EQUITY RESIDENTIAL COM 29476L107 2975 100000 SH DEFINED 0107 100000
ERICSSON LM 'B' ADR COM 294821400 10904 220000 SH DEFINED 0126 220000
ERICSSON LM 'B' ADR COM 294821400 24781 500000 SH DEFINED 0111 500000
ERICSSON LM 'B' ADR COM 294821400 2478 50000 SH DEFINED 011622 50000
ERICSSON LM 'B' ADR COM 294821400 5551 112000 SH DEFINED 011623 112000
ERICSSON LM 'B' ADR COM 294821400 4461 90000 SH DEFINED 011618 90000
ERICSSON LM 'B' ADR COM 294821400 309 6200 SH DEFINED 0102 6200
ERICSSON LM ADR'S COM 294821509 21094 12500000 SH DEFINED 0130 12500000
ERICSSON LM ADR'S COM 294821509 6383 3782609 SH DEFINED 0132 3782609
ERICSSON LM ADR'S COM 294821509 16875 10000000 SH DEFINED 0124 10000000
ERICSSON LM ADR'S COM 294821509 14588 8645000 SH DEFINED 011516 8645000
ESSEX PROP TRUST COM 297178105 3084 175000 SH DEFINED 0107 175000
ETHYL CORP COM 297659104 13338 1100000 SH DEFINED 0113 1100000
ETHYL CORP COM 297659104 2668 220000 SH DEFINED 0128 220000
ETHYL CORP COM 297659104 10670 880000 SH DEFINED 0107 880000
ETHYL CORP COM 297659104 10258 846000 SH DEFINED 0131 846000
ETHYL CORP COM 297659104 462 38100 SH DEFINED 0103 38100
EXECUTIVE RISK COM 301586103 1672 128590 SH DEFINED 0113 128590
EXPRESS SCRIPT COM 302182100 3483 140000 SH DEFINED 011516 140000
EXPRESS SCRIPT COM 302182100 995 40000 SH DEFINED 011619 40000
EXXON COM 302290101 2296 40549 SH DEFINED 0103 40549
EYE CARE CTR WTS'03 COM 302294137 100 5000 SH DEFINED 0104 5000
EYE CARE CTR WTS'03 COM 302294137 60 3000 SH DEFINED 011621 3000
EYE CARE CTR WTS'03 COM 302294137 80 4000 SH DEFINED 0131 4000
F & M BANCORPORATION COM 302371109 816 37100 SH DEFINED 0128 37100
FHP INT'L CORP COM 302426101 1498 62400 SH DEFINED 011618 62400
FHP INT'L SER A PFD COM 302426200 4888 208000 SH DEFINED 011618 208000
FMC CORP COM 302491303 59 1097 SH DEFINED 0103 1097
FPL GROUP INC. COM 302571104 180 6012 SH DEFINED 0103 6012
FARLEY INC NEW COM 307617928 0 1 SH DEFINED 0109 1
FARM & HOME SAVINGS COM 30762C108 2540 80000 SH DEFINED 0106 80000
FASTENAL CO COM 311900104 7256 215000 SH DEFINED 011516 215000
FEDERAL EXPRESS COM 313309106 44775 600000 SH DEFINED 0126 600000
<PAGE> PAGE 27
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FEDERAL EXPRESS COM 313309106 131 1749 SH DEFINED 0103 1749
FED HOME LOAN MTG CP COM 313400301 18150 300000 SH DEFINED 011516 300000
FED HOME LOAN MTG CP COM 313400301 408 6737 SH DEFINED 0103 6737
FEDERAL MOGUL COM 313549107 17475 600000 SH DEFINED 0126 600000
FEDERAL MOGUL COM 313549107 583 20000 SH DEFINED 01 20000
FEDERAL NATL MTGE COM 313586109 20875 250000 SH DEFINED 0130 250000
FEDERAL NATL MTGE COM 313586109 150300 1800000 SH DEFINED 0126 1800000
FEDERAL NATL MTGE COM 313586109 33400 400000 SH DEFINED 0124 400000
FEDERAL NATL MTGE COM 313586109 3148 37700 SH DEFINED 0125 37700
FEDERAL NATL MTGE COM 313586109 7682 92000 SH DEFINED 011622 92000
FEDERAL NATL MTGE COM 313586109 16700 200000 SH DEFINED 011623 200000
FEDERAL NATL MTGE COM 313586109 29225 350000 SH DEFINED 011516 350000
FEDERAL NATL MTGE COM 313586109 18370 220000 SH DEFINED 011618 220000
FEDERAL NATL MTGE COM 313586109 187925 2250605 SH DEFINED 0102 811100 1439505
FEDERAL NATL MTGE COM 313586109 10939 131000 SH DEFINED 0131 131000
FEDERAL NATL MTGE COM 313586109 6732 80618 SH DEFINED 0103 48515 32103
FEDERAL NATL MTGE COM 313586109 17861 213900 SH DEFINED 01 213900
FEDERAL PAPER BOARD COM 313693103 32 1412 SH DEFINED 0103 1412
FEDERATED DPT STORES COM 31410J107 8000 400000 SH DEFINED 0124 400000
FEDERATED DPT STORES COM 31410J107 239 11971 SH DEFINED 0116 11971
FEDERATED DPT STORES WARRANT 31410J115 178 72890 SH DEFINED 0109 72890
FEDERATED DPT STORES WARRANT 31410J115 15 6000 SH DEFINED 011621 6000
FERRO CORP COM 315405100 5781 250000 SH DEFINED 0124 250000
FERRO CORP COM 315405100 32 1400 SH DEFINED 0102 1400
FERRO CORP COM 315405100 523 22600 SH DEFINED 0103 22600
FERRO CORP COM 315405100 1156 50000 SH DEFINED 01 50000
FIDELITY MAGELLAN FD COM 316184100 3 49 SH DEFINED 01 49
FILENET CORP COM 316869106 690 40000 SH DEFINED 011619 40000
AMER CENTURION LIFE COM 3181819C0 7600 100000 SH DEFINED 0116 100000
FIRST BANK SYSTEM COM 319279105 111 3000 SH DEFINED 0102 3000
FIRST CHICAGO CORP. COM 319455101 33688 700000 SH DEFINED 0130 700000
FIRST CHICAGO CORP. COM 319455101 4813 100000 SH DEFINED 0108 100000
FIRST CHICAGO CORP. COM 319455101 40906 850000 SH DEFINED 0126 850000
FIRST CHICAGO CORP. COM 319455101 19250 400000 SH DEFINED 0111 400000
FIRST CHICAGO CORP. COM 319455101 2228 46300 SH DEFINED 0125 46300
FIRST CHICAGO CORP. COM 319455101 7219 150000 SH DEFINED 0107 150000
FIRST CHICAGO CORP. COM 319455101 5534 115000 SH DEFINED 011622 115000
FIRST CHICAGO CORP. COM 319455101 12310 255800 SH DEFINED 011623 255800
FIRST CHICAGO CORP. COM 319455101 12031 250000 SH DEFINED 011516 250000
FIRST CHICAGO CORP. COM 319455101 13475 280000 SH DEFINED 011618 280000
FIRST CHICAGO CORP. COM 319455101 135372 2812944 SH DEFINED 0102 1031500 1781444
FIRST CHICAGO CORP. COM 319455101 13398 278400 SH DEFINED 0131 278400
FIRST CHICAGO CORP. COM 319455101 4339 90133 SH DEFINED 0103 62500 27633
FIRST CHICAGO CORP. COM 319455101 12778 265500 SH DEFINED 01 265500
FND NEXTEL COMMUN CONV PFD STOCK 319455853 6329 194000 SH DEFINED 0132 194000
FND NEXTEL COMMUN CONV PFD STOCK 319455853 3132 96000 SH DEFINED 0107 96000
FND NEXTEL COMMUN CONV PFD STOCK 319455853 10277 315000 SH DEFINED 011516 315000
FND NEXTEL COMMUN CONV PFD STOCK 319455853 5546 170000 SH DEFINED 011618 170000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 3023 60000 SH DEFINED 0129 60000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 3778 75000 SH DEFINED 0104 75000
<PAGE> PAGE 28
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 2519 50000 SH DEFINED 0109 50000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 3778 75000 SH DEFINED 0107 75000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 2141 42500 SH DEFINED 011621 42500
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 1259 25000 SH DEFINED 0131 25000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 10579 210000 SH DEFINED 01 210000
FIRST FIDELITY BANCP COM 320195100 5101 110000 SH DEFINED 0106 110000
FIRST FIDELITY BANCP COM 320195100 5565 120000 SH DEFINED 011614 120000
FIRST FIDELITY BANCP COM 320195100 28 600 SH DEFINED 0102 600
FIRST FIDELITY BANCP COM 320195100 6414 138300 SH DEFINED 0131 138300
FIRST FIDELITY BANCP COM 320195100 539 11626 SH DEFINED 0103 9100 2526
FIRST FINANCIAL MGMT COM 320245103 55500 1000000 SH DEFINED 0126 1000000
FIRST FINANCIAL MGMT COM 320245103 5273 95000 SH DEFINED 0106 95000
FIRST FINANCIAL MGMT COM 320245103 22200 400000 SH DEFINED 0111 400000
FIRST FINANCIAL MGMT COM 320245103 4773 86000 SH DEFINED 011622 86000
FIRST FINANCIAL MGMT COM 320245103 10545 190000 SH DEFINED 011623 190000
FIRST FINANCIAL MGMT COM 320245103 12765 230000 SH DEFINED 011618 230000
FIRST FINANCIAL MGMT COM 320245103 6938 125000 SH DEFINED 011614 125000
FIRST FINANCIAL MGMT COM 320245103 520 9380 SH DEFINED 0102 1200 8180
FIRST FINANCIAL MGMT COM 320245103 8325 150000 SH DEFINED 0131 150000
FIRST INDUSTRIAL REL COM 32054K103 7088 300000 SH DEFINED 0113 300000
FIRST INDUSTRIAL REL COM 32054K103 4134 175000 SH DEFINED 0132 175000
FIRST INDUSTRIAL REL COM 32054K103 2363 100000 SH DEFINED 0107 100000
FIRST INDUSTRIAL REL COM 32054K103 4016 170000 SH DEFINED 011618 170000
FIRST INDUSTRIAL REL COM 32054K103 1299 55000 SH DEFINED 011620 55000
FIRST INTERSTATE BAN COM 320548100 194 2525 SH DEFINED 0103 2525
FIRST MISS CORP COM 320891104 10 654 SH DEFINED 0103 654
FIRST TN NAT'L CORP COM 337162101 1313 30000 SH DEFINED 0106 30000
FIRST TN NAT'L CORP COM 337162101 1531 35000 SH DEFINED 011614 35000
FIRST TN NAT'L CORP COM 337162101 13 300 SH DEFINED 0102 300
FIRST TN NAT'L CORP COM 337162101 3360 76800 SH DEFINED 0131 76800
FIRST TN NAT'L CORP COM 337162101 197 4500 SH DEFINED 0103 4500
FIRST UNION CORP COM 337358105 245 5322 SH DEFINED 0102 3500 1822
FIRST UNION CORP COM 337358105 247 5360 SH DEFINED 0103 5360
FIRST USA INC COM 33743H105 155 4020 SH DEFINED 0102 4020
FIRST USA INC COM 33743H105 2859 74500 SH DEFINED 0131 74500
FIRST USA INC COM 33743H105 180 4700 SH DEFINED 0103 4700
FIRSTAR CORP COM 33761C103 5306 150000 SH DEFINED 0106 150000
FISERV INC COM 337738108 10250 500000 SH DEFINED 011516 500000
FISHER SCIENTIFIC IN COM 338032105 13 400 SH DEFINED 0102 400
FISHER SCIENTIFIC IN COM 338032105 187 5800 SH DEFINED 0103 5800
FLAIR CORP COM 33848P101 4875 250000 SH DEFINED 011516 250000
FLAIR CORP COM 33848P101 780 40000 SH DEFINED 011619 40000
FLAT TOP NATL BK COM 338693104 1 84 SH DEFINED 0102 84
FLEET FINANCIAL GRP COM 338915101 172 4569 SH DEFINED 0103 4569
FLEETWOOD ENTERPRISE COM 339099103 29 1522 SH DEFINED 0103 1522
FLEMING CO COM 339130106 33 1200 SH DEFINED 0103 1200
FLUOR CORP COM 343861100 6359 125000 SH DEFINED 0108 125000
FLUOR CORP COM 343861100 138 2721 SH DEFINED 0103 2721
FOAMEX COM 344123104 4300 400000 SH DEFINED 01 400000
FOODMAKER INC WARRANT 344839113 83 5000 SH DEFINED 0104 5000
<PAGE> PAGE 29
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FOODMAKER INC WARRANT 344839113 116 7000 SH DEFINED 0109 7000
FORD HOLDINGS FRAP I PREFERRED STOCK 345277750 2103 20000 SH DEFINED 01 20000
FORD HOLDINGS FRAP I PREFERRED STOCK 345277750 2733 26000 SH DEFINED 01 26000
FORD MOTOR COM 345370100 5900 100000 SH DEFINED 0108 100000
FORD MOTOR COM 345370100 41300 700000 SH DEFINED 0126 700000
FORD MOTOR COM 345370100 20650 350000 SH DEFINED 0113 350000
FORD MOTOR COM 345370100 755 12800 SH DEFINED 0125 12800
FORD MOTOR COM 345370100 5900 100000 SH DEFINED 0107 100000
FORD MOTOR COM 345370100 2360 40000 SH DEFINED 011622 40000
FORD MOTOR COM 345370100 5310 90000 SH DEFINED 011623 90000
FORD MOTOR COM 345370100 104413 1769726 SH DEFINED 0102 656890 1112836
FORD MOTOR COM 345370100 11210 190000 SH DEFINED 0131 190000
FORD MOTOR COM 345370100 4522 76635 SH DEFINED 0103 47100 29535
FORD MOTOR COM 345370100 3127 53000 SH DEFINED 01 53000
FORD MOTOR CO $50 CONV PFD STOCK 345370209 16975 175000 SH DEFINED 0130 175000
FORE SYSTEMS COM 345449102 351 12000 SH DEFINED 0106 12000
FORE SYSTEMS COM 345449102 421 14400 SH DEFINED 011614 14400
FOREST LABS COM 345838106 20010 460000 SH DEFINED 0126 460000
FOREST LABS COM 345838106 6373 146500 SH DEFINED 0106 146500
FOREST LABS COM 345838106 6747 155100 SH DEFINED 011614 155100
FOREST LABS COM 345838106 15399 354020 SH DEFINED 0102 354020
FOREST LABS COM 345838106 8165 187700 SH DEFINED 0131 187700
FOREST LABS COM 345838106 779 17900 SH DEFINED 0103 17900
FOSTER WHEELER COM 350244109 40 1096 SH DEFINED 0103 1096
FOSTER WHEELER COM 350244109 4074 112000 SH DEFINED 01 112000
FOUNDATION HEALTH CO COM 350401105 23 600 SH DEFINED 0102 600
FOUNDATION HEALTH CO COM 350401105 397 10200 SH DEFINED 0103 10200
FRANKLIN CUSTODY FD COM 353496607 0 27 SH DEFINED 01 27
FREDS INC COM 356108100 1715 140000 SH DEFINED 0128 140000
FREE ST CON GLD MINE COM 356142208 555 40000 SH DEFINED 0127 40000
FREEPORT MCMORAN COP COM 35671D105 210 9429 SH DEFINED 0113 9429
FREEPORT MCMORAN COP COM 35671D105 5006 225000 SH DEFINED 0127 225000
FREEPORT MCMORAN COP COM 35671D105 35 1562 SH DEFINED 0107 1562
FREEPORT MCMORAN COP COM 35671D105 8983 403750 SH DEFINED 0131 403750
FREEPORT MCMORAN COP COM 35671D105 404 18169 SH DEFINED 0103 18169
FREEPORT MCMORAN INC COM 356714105 12257 754300 SH DEFINED 0113 754300
FREEPORT MCMORAN INC COM 356714105 2031 125000 SH DEFINED 0107 125000
FREEPORT MCMORAN INC COM 356714105 4875 300000 SH DEFINED 0131 300000
FREEPORT MCMORAN INC COM 356714105 219 13500 SH DEFINED 0103 13500
FREEPORT MCMORAN PREFERRED STOCK 356714303 2294 50000 SH DEFINED 0132 50000
FREEPORT MCMORAN PREFERRED STOCK 356714303 2294 50000 SH DEFINED 0107 50000
FRESH CHOICE COM 358032100 2125 100000 SH DEFINED 0106 100000
FRESH CHOICE COM 358032100 2550 120000 SH DEFINED 011614 120000
FRESH CHOICE COM 358032100 2212 104100 SH DEFINED 0102 104100
FRESH CHOICE COM 358032100 40 1900 SH DEFINED 0103 1900
FRITZ COM 358846103 5033 165000 SH DEFINED 01 165000
FRUIT OF THE LOOM A COM 359416104 31 1200 SH DEFINED 0102 1200
FUNCO COM 360762108 1148 85000 SH DEFINED 011516 85000
GATX CORP COM 361448103 20250 500000 SH DEFINED 0113 500000
GND HLDGS $100 SER A PREFERRED STOCK 361910XV9 4655 46550 SH DEFINED 0109 46550
<PAGE> PAGE 30
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GNI GROUP COM 362022105 1200 400000 SH DEFINED 01 400000
GT CHILE GROWTH EURO COM 362300998 2700 100000 SH DEFINED 01 100000
GTE CORP COM 362320103 1575 50000 SH DEFINED 0107 50000
GTE CORP COM 362320103 353 11200 SH DEFINED 0102 11200
GTE CORP COM 362320103 975 30940 SH DEFINED 0103 30940
GTI CORP COM 362360109 1333 130000 SH DEFINED 011620 130000
GANNETT CO INC COM 364730101 13365 270000 SH DEFINED 011618 270000
GANNETT CO INC COM 364730101 2 36 SH DEFINED 0102 36
GANNETT CO INC COM 364730101 237 4793 SH DEFINED 0103 4793
GAP INC., THE COM 364760108 5771 135000 SH DEFINED 0106 135000
GAP INC., THE COM 364760108 10688 250000 SH DEFINED 0124 250000
GAP INC., THE COM 364760108 855 20000 SH DEFINED 011619 20000
GAP INC., THE COM 364760108 6626 155000 SH DEFINED 011614 155000
GAP INC., THE COM 364760108 5130 120000 SH DEFINED 0131 120000
GAP INC., THE COM 364760108 205 4790 SH DEFINED 0103 4790
GAP INC., THE COM 364760108 855 20000 SH DEFINED 01 20000
GASONICS INT'L CORP COM 367278108 613 50000 SH DEFINED 011619 50000
GAYLORD ENTERTAINMEN COM 367901105 10559 430900 SH DEFINED 0102 430900
GAYLORD ENTERTAINMEN COM 367901105 176 7200 SH DEFINED 0103 7200
GAYLORD CONTAINER CP COM 368145108 641 125162 SH DEFINED 0109 125162
GAYLORD CONTAIN WTS WARRANT 368145116 3368 883477 SH DEFINED 0109 883477
GENENTECH RED COM COM 368710208 8619 175000 SH DEFINED 0108 175000
GENENTECH RED COM COM 368710208 3595 73000 SH DEFINED 0106 73000
GENENTECH RED COM COM 368710208 1970 40000 SH DEFINED 011622 40000
GENENTECH RED COM COM 368710208 4433 90000 SH DEFINED 011623 90000
GENENTECH RED COM COM 368710208 12313 250000 SH DEFINED 011516 250000
GENENTECH RED COM COM 368710208 15760 320000 SH DEFINED 011618 320000
GENENTECH RED COM COM 368710208 4039 82000 SH DEFINED 011614 82000
GENENTECH RED COM COM 368710208 35112 712890 SH DEFINED 0102 179300 533590
GENENTECH RED COM COM 368710208 6905 140200 SH DEFINED 0131 140200
GENENTECH RED COM COM 368710208 864 17550 SH DEFINED 0103 17550
GENERAL DYNAMICS COM 369550108 81 1984 SH DEFINED 0103 1984
GENERAL ELECTRIC COM 369604103 26809 575000 SH DEFINED 0130 575000
GENERAL ELECTRIC COM 369604103 55950 1200000 SH DEFINED 0126 1200000
GENERAL ELECTRIC COM 369604103 23313 500000 SH DEFINED 0113 500000
GENERAL ELECTRIC COM 369604103 23313 500000 SH DEFINED 0124 500000
GENERAL ELECTRIC COM 369604103 7395 158600 SH DEFINED 0125 158600
GENERAL ELECTRIC COM 369604103 24478 525000 SH DEFINED 011516 525000
GENERAL ELECTRIC COM 369604103 29374 630000 SH DEFINED 011618 630000
GENERAL ELECTRIC COM 369604103 179712 3854310 SH DEFINED 0102 1359600 2494710
GENERAL ELECTRIC COM 369604103 11330 243000 SH DEFINED 0131 243000
GENERAL ELECTRIC COM 369604103 10578 226856 SH DEFINED 0103 93000 133856
GENERAL ELECTRIC COM 369604103 25453 545900 SH DEFINED 01 545900
GENERAL GROWTH COM 370021107 11313 500000 SH DEFINED 0113 500000
GENERAL INSTRUMENTS CONV BOND 370121AA3 5260 4000000 PRN DEFINED 0107 4000000
GENERAL MILLS COM 370334104 16388 300000 SH DEFINED 011516 300000
GENERAL MILLS COM 370334104 288 5277 SH DEFINED 0103 5277
GENERAL MOTORS COM 370442105 37688 750000 SH DEFINED 0126 750000
GENERAL MOTORS COM 370442105 1100 21900 SH DEFINED 0125 21900
GENERAL MOTORS COM 370442105 3092 61531 SH DEFINED 0107 61531
<PAGE> PAGE 31
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GENERAL MOTORS COM 370442105 12563 250000 SH DEFINED 011618 250000
GENERAL MOTORS COM 370442105 101805 2025840 SH DEFINED 0102 770910 1254930
GENERAL MOTORS COM 370442105 10050 200000 SH DEFINED 0131 200000
GENERAL MOTORS COM 370442105 4806 95657 SH DEFINED 0103 54150 41507
GENERAL MOTORS COM 370442105 2914 58000 SH DEFINED 01 58000
GENERAL MOTORS CL H COM 370442501 5381 150000 SH DEFINED 0107 150000
GENERAL MOTORS CL H COM 370442501 14350 400000 SH DEFINED 011618 400000
GENERAL MOTORS CL H COM 370442501 30760 857490 SH DEFINED 0102 371100 486390
GENERAL MOTORS CL H COM 370442501 574 16000 SH DEFINED 0103 16000
GENERAL MTRS DEP SHR CONV PFD STOCK 370442873 16913 300000 SH DEFINED 0130 300000
GENERAL RE CORP COM 370563108 297 2726 SH DEFINED 0103 2726
GENERAL SIGNAL COM 370838104 26400 800000 SH DEFINED 0130 800000
GENERAL SIGNAL COM 370838104 16500 500000 SH DEFINED 0113 500000
GENERAL SIGNAL COM 370838104 5940 180000 SH DEFINED 0124 180000
GENERAL SIGNAL COM 370838104 20295 615000 SH DEFINED 011516 615000
GENERAL SIGNAL COM 370838104 1650 50000 SH DEFINED 011620 50000
GENERAL SIGNAL COM 370838104 11880 360000 SH DEFINED 0131 360000
GENERAL SIGNAL COM 370838104 582 17629 SH DEFINED 0103 17629
GENERAL SIGNAL COM 370838104 8745 265000 SH DEFINED 01 265000
GTE $50 PFD PREFERRED STOCK 371028911 7281 141401 SH DEFINED 0105 141401
GTE CORP $50 PFD PREFERRED STOCK 371028945 7852 152889 SH DEFINED 0105 152889
GENESCO INC. COM 371532102 2 765 SH DEFINED 0103 765
THE GENERRA CO COMMN COM 37154*106 6 5910 SH DEFINED 0116 5910
THE GENERRA CO COMMN COM 37154*106 1 1182 SH DEFINED 01 1182
THE GENERRA CO PFD COM 37154*114 6 6061 SH DEFINED 0116 6061
THE GENERRA CO PFD COM 37154*114 1 1212 SH DEFINED 01 1212
GENTEX CORP COM 371901109 1275 50000 SH DEFINED 0106 50000
GENTEX CORP COM 371901109 1530 60000 SH DEFINED 011614 60000
GENTEX CORP COM 371901109 9520 373300 SH DEFINED 0102 373300
GENTEX CORP COM 371901109 176 6900 SH DEFINED 0103 6900
GENSIA PHARMACEUTICS COM 372450106 925 100000 SH DEFINED 0106 100000
GENSIA PHARMACEUTICS COM 372450106 648 70000 SH DEFINED 011614 70000
GENSIA PHARM 144A 50 CONV PFD STOCK 372450205 550 20000 SH DEFINED 0107 20000
GENSIA PHARM 144A 50 CONV PFD STOCK 372450205 1650 60000 SH DEFINED 0131 60000
GENUINE PARTS COM 372460105 19869 550000 SH DEFINED 0113 550000
GENUINE PARTS COM 372460105 146 4034 SH DEFINED 0103 4034
GENZYME CORP COM 372917104 1306 50000 SH DEFINED 0128 50000
GENZYME CORP COM 372917104 5878 225000 SH DEFINED 0124 225000
GEORGIA PACIFIC COM 373298108 11975 200000 SH DEFINED 0124 200000
GEORGIA PACIFIC COM 373298108 176 2942 SH DEFINED 0103 2942
GEOTEK COMMUNICATION COM 373654102 2213 300000 SH DEFINED 01 300000
GIANT FOOD CL A COM 374478105 38 1960 SH DEFINED 0103 1960
GILBRALTER STEEL COM 37476F103 788 70000 SH DEFINED 011619 70000
GIBSON GREETINGS INC COM 374827103 2672 167000 SH DEFINED 0128 167000
GIBSON GREETINGS INC COM 374827103 1782 111400 SH DEFINED 0131 111400
GIBSON GREETINGS INC COM 374827103 106 6600 SH DEFINED 0103 6600
GIDDINGS & LEWIS WIS COM 375048105 13950 900000 SH DEFINED 0130 900000
GIDDINGS & LEWIS WIS COM 375048105 5425 350000 SH DEFINED 0108 350000
GIDDINGS & LEWIS WIS COM 375048105 3875 250000 SH DEFINED 011516 250000
GIDDINGS & LEWIS WIS COM 375048105 17 1092 SH DEFINED 0103 1092
<PAGE> PAGE 32
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GIDDINGS & LEWIS WIS COM 375048105 310 20000 SH DEFINED 01 20000
GILBERT RBSON PT WTS WARRANT 375432119 29 5886 SH DEFINED 0109 5886
GILLETTE CO COM 375766102 52100 800000 SH DEFINED 0126 800000
GILLETTE CO COM 375766102 22794 350000 SH DEFINED 0111 350000
GILLETTE CO COM 375766102 3256 50000 SH DEFINED 011622 50000
GILLETTE CO COM 375766102 7359 113000 SH DEFINED 011623 113000
GILLETTE CO COM 375766102 22794 350000 SH DEFINED 011516 350000
GILLETTE CO COM 375766102 16281 250000 SH DEFINED 011618 250000
GILLETTE CO COM 375766102 38320 588324 SH DEFINED 0102 254350 333974
GILLETTE CO COM 375766102 879 13492 SH DEFINED 0103 6200 7292
GILLETTE CO COM 375766102 977 15000 SH DEFINED 01 15000
GLATFELTER (P.H.) CO COM 377316104 2000 125000 SH DEFINED 0107 125000
GLIMCHER REALTY COM 379302102 3653 175000 SH DEFINED 0107 175000
GOLDEN WEST FIN COM 381317106 80 2072 SH DEFINED 0103 2072
GOODRICH B.F. COM 382388106 38 869 SH DEFINED 0103 869
GOODYEAR COM 382550101 9000 250000 SH DEFINED 0108 250000
GOODYEAR COM 382550101 22 600 SH DEFINED 0125 600
GOODYEAR COM 382550101 3600 100000 SH DEFINED 011618 100000
GOODYEAR COM 382550101 63538 1764835 SH DEFINED 0102 680320 1084515
GOODYEAR COM 382550101 796 22105 SH DEFINED 0103 17100 5005
W R GRACE COM 383883105 118 2952 SH DEFINED 0103 2952
GRAINGER (W.W.) COM 384802104 111 1735 SH DEFINED 0103 1735
GRAND MET PLC -ADR COM 386090302 20188 803470 SH DEFINED 0103 788163 15307
GRANITE CONSTRUCTION COM 387328107 1975 100000 SH DEFINED 011614 100000
GRASIM INDS GDR 144A COM 388706202 5875 250000 SH DEFINED 0124 250000
GREAT A. & P. TEA COM 390064103 28 1303 SH DEFINED 0103 1303
GREAT LAKES CHEM CO COM 390568103 27063 500000 SH DEFINED 0124 500000
GREAT LAKES CHEM CO COM 390568103 17783 328525 SH DEFINED 0102 61100 267425
GREAT LAKES CHEM CO COM 390568103 654 12091 SH DEFINED 0103 9800 2291
GREAT LAKES CHEM CO COM 390568103 12178 225000 SH DEFINED 01 225000
GREAT WESTERN FIN CP COM 391442100 18375 1000000 SH DEFINED 0113 1000000
GREAT WESTERN FIN CP COM 391442100 331 18000 SH DEFINED 0125 18000
GREAT WESTERN FIN CP COM 391442100 5513 300000 SH DEFINED 0107 300000
GREAT WESTERN FIN CP COM 391442100 46 2500 SH DEFINED 0102 2500
GREAT WESTERN FIN CP COM 391442100 8269 450000 SH DEFINED 0131 450000
GREAT WESTERN FIN CP COM 391442100 584 31755 SH DEFINED 0103 31755
GREENFIELDS COM 395058100 3900 200000 SH DEFINED 011516 200000
GREENFIELDS COM 395058100 1463 75000 SH DEFINED 011619 75000
G-MEXICANA DE B COM 40048G104 1764 131900 SH DEFINED 0112 131900
G-MEXICANA DE B COM 40048G104 1933 144500 SH DEFINED 011617 144500
G-MEXICANA DE B COM 40048G104 559 41800 SH DEFINED 0131 41800
GEMEX ADS COM 40048J306 7575 300000 SH DEFINED 0124 300000
G-CARSO ADR COM 400485108 5807 325000 SH DEFINED 0130 325000
G-CARSO ADR COM 400485108 5360 300000 SH DEFINED 01 300000
G-CARSO ADR COM 400485108 3359 188000 SH DEFINED 0107 188000
G-CARSO ADR COM 400485108 1108 62000 SH DEFINED 011622 62000
G-CARSO ADR COM 400485108 2502 140000 SH DEFINED 011623 140000
G-CARSO ADR COM 400485108 3574 200000 SH DEFINED 011618 200000
G-BANCOMER 144A COM 400486106 172 7640 SH DEFINED 01 7640
G-TRIBASA COM 40049F105 2876 130000 SH DEFINED 0131 130000
<PAGE> PAGE 33
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
G-TRIBASA COM 40049F105 133 6000 SH DEFINED 0103 6000
G-TELEVISA 144A COM 40049J206 20300 400000 SH DEFINED 0126 400000
G-TELEVISA 144A COM 40049J206 1218 24000 SH DEFINED 0106 24000
G-TELEVISA 144A COM 40049J206 12688 250000 SH DEFINED 0111 250000
G-TELEVISA 144A COM 40049J206 20300 400000 SH DEFINED 0124 400000
G-TELEVISA 144A COM 40049J206 2538 50000 SH DEFINED 011622 50000
G-TELEVISA 144A COM 40049J206 5836 115000 SH DEFINED 011623 115000
G-TELEVISA 144A COM 40049J206 13195 260000 SH DEFINED 011618 260000
G-TELEVISA 144A COM 40049J206 1320 26000 SH DEFINED 011614 26000
G-TELEVISA 144A COM 40049J206 90 1800 SH DEFINED 0102 1800
G-TELEVISA 144A COM 40049J206 1776 35000 SH DEFINED 0131 35000
GRUPO INSACELL D'S COM 40049W207 55 2100 SH DEFINED 0106 2100
GRUPO INSACELL D'S COM 40049W207 277 10500 SH DEFINED 011618 10500
GRUPO INSACELL D'S COM 40049W207 71 2700 SH DEFINED 011614 2700
GRUPO INSACELL L'S COM 40049W306 127 4900 SH DEFINED 0106 4900
GRUPO INSACELL L'S COM 40049W306 637 24500 SH DEFINED 011618 24500
GRUPO INSACELL L'S COM 40049W306 164 6300 SH DEFINED 011614 6300
G-SIMEC COM 400491106 3875 200000 SH DEFINED 0111 200000
G-SIMEC COM 400491106 6297 325000 SH DEFINED 01 325000
G-SIMEC COM 400491106 1356 70000 SH DEFINED 011620 70000
G-SITUR 144A COM 400492104 5300 200000 SH DEFINED 0106 200000
G-SITUR 144A COM 400492104 928 35000 SH DEFINED 011614 35000
GUILFORD MILLS COM 401794102 4100 200000 SH DEFINED 0107 200000
GULF SOUTH MEDICAL COM 40252G105 5250 200000 SH DEFINED 011516 200000
HBO COMPANY COM 404100109 11363 450000 SH DEFINED 0106 450000
HBO COMPANY COM 404100109 11363 450000 SH DEFINED 011516 450000
HBO COMPANY COM 404100109 13888 550000 SH DEFINED 011614 550000
HBO COMPANY COM 404100109 32889 1302492 SH DEFINED 0102 1302492
HBO COMPANY COM 404100109 1018 40300 SH DEFINED 0103 40300
HCC INSURANCE COM 404132102 13200 660000 SH DEFINED 011516 660000
HSBC HOLDINGS ADR COM 404280307 66 605 SH DEFINED 01 605
HS RESOURCES COM 404297103 2703 125000 SH DEFINED 0106 125000
HS RESOURCES COM 404297103 11461 530000 SH DEFINED 0124 530000
HS RESOURCES COM 404297103 865 40000 SH DEFINED 011619 40000
HS RESOURCES COM 404297103 1514 70000 SH DEFINED 011620 70000
HS RESOURCES COM 404297103 3071 142000 SH DEFINED 011614 142000
HS RESOURCES COM 404297103 3676 170000 SH DEFINED 01 170000
ALEX HAAGAN COM 40443E100 9563 535000 SH DEFINED 0113 535000
ALEX HAAGAN COM 40443E100 3575 200000 SH DEFINED 0132 200000
ALEX HAAGAN COM 40443E100 5363 300000 SH DEFINED 0107 300000
HAEMONETICS CORP COM 405024100 3444 190000 SH DEFINED 0106 190000
HAEMONETICS CORP COM 405024100 9063 500000 SH DEFINED 011516 500000
HAEMONETICS CORP COM 405024100 3625 200000 SH DEFINED 011614 200000
HAEMONETICS CORP COM 405024100 4531 250000 SH DEFINED 0131 250000
HALLIBURTON COM 406216101 547 16200 SH DEFINED 0125 16200
HALLIBURTON COM 406216101 78 2300 SH DEFINED 0102 2300
HALLIBURTON COM 406216101 355 10505 SH DEFINED 0103 10505
HANDLEMAN COMPANY COM 410252100 11 1090 SH DEFINED 0103 1090
HANNA MA CO. COM 410522106 9516 375000 SH DEFINED 0108 375000
HANSON PLC ADR COM 411352305 22969 1250000 SH DEFINED 0130 1250000
<PAGE> PAGE 34
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
HANSON PLC ADR COM 411352305 23888 1300000 SH DEFINED 0113 1300000
HANSON PLC ADR COM 411352305 2756 150000 SH DEFINED 011618 150000
HANSON PLC ADR COM 411352305 11209 610000 SH DEFINED 0131 610000
HANSON PLC ADR COM 411352305 507 27600 SH DEFINED 0103 27600
HANSON PLC ADR COM 411352305 19128 1041000 SH DEFINED 01 1041000
HARCOURT GENERAL CRP COM 41163G101 10538 300000 SH DEFINED 0108 300000
HARCOURT GENERAL CRP COM 41163G101 88 2510 SH DEFINED 0103 2510
HARLAND JOHN H COM 412693103 24 1081 SH DEFINED 0103 1081
HARLEY DAVIDSON COM 412822108 2 47 SH DEFINED 0102 47
HARMAN INTERNATIONAL COM 413086109 5000 200000 SH DEFINED 0111 200000
HARMAN INTERNATIONAL COM 413086109 1000 40000 SH DEFINED 011622 40000
HARMAN INTERNATIONAL COM 413086109 2250 90000 SH DEFINED 011623 90000
HARNISCHFEGER IND COM 413345109 17 868 SH DEFINED 0103 868
HARRIS CORP COM 413875105 62 1407 SH DEFINED 0103 1407
HARTEBEEST ADR COM 416198406 1280 265000 SH DEFINED 0127 265000
HARTMARX CORP COM 417119104 2155 351788 SH DEFINED 0103 351788
HASBRO INC COM 418056107 4838 163300 SH DEFINED 0130 163300
HASBRO INC COM 418056107 3851 130000 SH DEFINED 0128 130000
HASBRO INC COM 418056107 1671 56400 SH DEFINED 0125 56400
HASBRO INC COM 418056107 20644 696860 SH DEFINED 0102 338500 358360
HASBRO INC COM 418056107 3306 111600 SH DEFINED 0131 111600
HASBRO INC COM 418056107 1008 34035 SH DEFINED 0103 7300 26735
HASBRO INC COM 418056107 889 30000 SH DEFINED 01 30000
HAT BRANDS WTS8/2002 WARRANT 4187309X7 1039 90345 SH DEFINED 0109 90345
HAWAII ELEC $100 PREFERRED STOCK 419990197 2133 20000 SH DEFINED 0105 20000
MAUI ELEC $100 PREFERRED STOCK 419990205 2667 25000 SH DEFINED 0105 25000
HAYES WHEELS COM 420804106 6938 250000 SH DEFINED 0124 250000
HAYES WHEELS COM 420804106 25 900 SH DEFINED 0102 900
HAYES WHEELS COM 420804106 405 14600 SH DEFINED 0103 14600
HEALTHSOUTH REHABILI COM 421924101 18288 700000 SH DEFINED 0111 700000
HEALTHSOUTH REHABILI COM 421924101 1568 60000 SH DEFINED 011622 60000
HEALTHSOUTH REHABILI COM 421924101 3527 135000 SH DEFINED 011623 135000
HEALTHSOUTH REHABILI COM 421924101 3919 150000 SH DEFINED 011516 150000
HEALTHSOUTH REHABILI COM 421924101 914 35000 SH DEFINED 011619 35000
HEALTHSOUTH REHABILI COM 421924101 1306 50000 SH DEFINED 011620 50000
HEALTHSOUTH REHABILI COM 421924101 127 4900 SH DEFINED 0102 4900
HEALTHSOUTH REHABILI COM 421924101 2443 93500 SH DEFINED 0131 93500
HEALTHSOUTH REHABILI COM 421924101 178 6800 SH DEFINED 0103 6800
HEALTH MGMT ASSOC COM 421933102 3075 150000 SH DEFINED 0126 150000
HEALTH MGMT ASSOC COM 421933102 5811 283475 SH DEFINED 0102 283475
HEALTH MGMT ASSOC COM 421933102 77 3750 SH DEFINED 0103 3750
HEALTH EQUITY PROP COM 42217R101 4563 500000 SH DEFINED 0132 500000
HEALTH EQUITY PROP COM 42217R101 2281 250000 SH DEFINED 0107 250000
HEALTH EQUITY PROP COM 42217R101 1232 135000 SH DEFINED 01 135000
HEALTHSOURCE INC COM 42221E104 2622 92000 SH DEFINED 0106 92000
HEALTHSOURCE INC COM 42221E104 3078 108000 SH DEFINED 011614 108000
HEALTHSOURCE INC COM 42221E104 9561 335500 SH DEFINED 0102 335500
HEALTHSOURCE INC COM 42221E104 180 6300 SH DEFINED 0103 6300
HEART TECHNOLOGY COM 42233W100 2743 165000 SH DEFINED 0106 165000
HEART TECHNOLOGY COM 42233W100 3408 205000 SH DEFINED 011614 205000
<PAGE> PAGE 35
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
HEARTLAND EXPRESS IN COM 422347104 1475 50000 SH DEFINED 0106 50000
HEARTLAND EXPRESS IN COM 422347104 1328 45000 SH DEFINED 011614 45000
HEARTLAND EXPRESS IN COM 422347104 2821 95600 SH DEFINED 0102 95600
HEARTLAND EXPRESS IN COM 422347104 1003 34000 SH DEFINED 0131 34000
HEARTLAND EXPRESS IN COM 422347104 53 1800 SH DEFINED 0103 1800
HEILIG MEYERS CO COM 422893107 24 900 SH DEFINED 0102 900
HEILIG MEYERS CO COM 422893107 385 14200 SH DEFINED 0103 14200
HEINZ H.J. COM 423074103 267 8377 SH DEFINED 0103 8377
HELMERICH & PAYNE COM 423452101 23 867 SH DEFINED 0103 867
HERCULES INC COM 427056106 151 1411 SH DEFINED 0103 1411
HERSHEY FOODS COM 427866108 132 3035 SH DEFINED 0103 3035
HEWLETT PACKARD COM 428236103 5276 70000 SH DEFINED 0108 70000
HEWLETT PACKARD COM 428236103 520 6900 SH DEFINED 0125 6900
HEWLETT PACKARD COM 428236103 3769 50000 SH DEFINED 011618 50000
HEWLETT PACKARD COM 428236103 211 2800 SH DEFINED 0102 2800
HEWLETT PACKARD COM 428236103 835 11078 SH DEFINED 0103 11078
HIGHWOOD PROPERTY COM 431284108 994 50000 SH DEFINED 0107 50000
HILLHAVEN COM 431576206 1800 100000 SH DEFINED 011618 100000
HILLS STORE CVT PFD PREFERRED STOCK 431692201 2290 121330 SH DEFINED 0109 121330
HILLS STORE CVT PFD PREFERRED STOCK 431692201 456 24166 SH DEFINED 0131 24166
HILTON HOTELS COM 432848109 21200 400000 SH DEFINED 0126 400000
HILTON HOTELS COM 432848109 1012 19100 SH DEFINED 0125 19100
HILTON HOTELS COM 432848109 2385 45000 SH DEFINED 011622 45000
HILTON HOTELS COM 432848109 5300 100000 SH DEFINED 011623 100000
HILTON HOTELS COM 432848109 10319 194670 SH DEFINED 0102 48900 145770
HILTON HOTELS COM 432848109 884 16678 SH DEFINED 0103 6950 9728
HILTON HOTELS COM 432848109 53 1000 SH DEFINED 01 1000
HOLLY RESIDTL CORP COM 436023105 3938 250000 SH DEFINED 0130 250000
HOLLY RESIDTL CORP COM 436023105 1103 70000 SH DEFINED 0132 70000
HOLLY RESIDTL CORP COM 436023105 2284 145000 SH DEFINED 0107 145000
HOME DEPOT CONV BOND 437076AD4 48 41000 PRN DEFINED 0102 41000
HOME DEPOT INC COM 437076102 42125 1000000 SH DEFINED 0126 1000000
HOME DEPOT INC COM 437076102 25275 600000 SH DEFINED 0111 600000
HOME DEPOT INC COM 437076102 14744 350000 SH DEFINED 0124 350000
HOME DEPOT INC COM 437076102 2334 55400 SH DEFINED 0125 55400
HOME DEPOT INC COM 437076102 6626 157300 SH DEFINED 011622 157300
HOME DEPOT INC COM 437076102 14681 348500 SH DEFINED 011623 348500
HOME DEPOT INC COM 437076102 10531 250000 SH DEFINED 011618 250000
HOME DEPOT INC COM 437076102 127603 3029142 SH DEFINED 0102 1078902 1950240
HOME DEPOT INC COM 437076102 6319 150000 SH DEFINED 0131 150000
HOME DEPOT INC COM 437076102 5270 125093 SH DEFINED 0103 87090 38003
HOME DEPOT INC COM 437076102 11570 274666 SH DEFINED 01 274666
HOME SHOPPING NETWRK COM 437351109 8225 700000 SH DEFINED 011516 700000
HOME SHOPPING NETWRK COM 437351109 5288 450000 SH DEFINED 011618 450000
HOME SHOPPING NETWRK COM 437351109 705 60000 SH DEFINED 011619 60000
HOMECARE MANAGEMENT COM 437386204 5945 410000 SH DEFINED 011516 410000
HOMESTAKE MINING COM 437614100 188 10000 SH DEFINED 0127 10000
HOMESTAKE MINING COM 437614100 86 4568 SH DEFINED 0103 4568
HOMESTEAD SAVINGS WARRANT 437843204 0 42500 SH DEFINED 0109 42500
HONEYWELL COM 438506107 138 4455 SH DEFINED 0103 4455
<PAGE> PAGE 36
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
HONG KONG TELCOM ADR COM 438579203 684 36498 SH DEFINED 0102 36498
HONG KONG LAND HLDGS COM 438581209 189 14980 SH DEFINED 01 14980
HORACE MANN EDUCATOR COM 440327104 9538 350000 SH DEFINED 011516 350000
HORIZON HEALTHCARE C COM 44042H100 2288 100000 SH DEFINED 0106 100000
HORIZON HEALTHCARE C COM 44042H100 2745 120000 SH DEFINED 011614 120000
HORIZON OUTLET COM 44043K102 1356 50000 SH DEFINED 011618 50000
HORMEL COM 440452100 5428 260000 SH DEFINED 0128 260000
HORMEL COM 440452100 8872 425000 SH DEFINED 0131 425000
HORMEL COM 440452100 397 19000 SH DEFINED 0103 19000
HOSPITALITY FRANCHIS COM 440912103 10290 420000 SH DEFINED 0126 420000
HOSPITALITY FRANCHIS COM 440912103 858 35000 SH DEFINED 011619 35000
HOSPITALITY FRANCHIS COM 440912103 6023 245800 SH DEFINED 0102 245800
HOSPITALITY FRANCHIS COM 440912103 88 3600 SH DEFINED 0103 3600
HOUGHTON MIFFLIN CO COM 441560109 8850 200000 SH DEFINED 0108 200000
HOUSEHOLD INTL COM 441815107 1567 46100 SH DEFINED 0125 46100
HOUSEHOLD INTL COM 441815107 5100 150000 SH DEFINED 0107 150000
HOUSEHOLD INTL COM 441815107 2210 65000 SH DEFINED 011622 65000
HOUSEHOLD INTL COM 441815107 4930 145000 SH DEFINED 011623 145000
HOUSEHOLD INTL COM 441815107 1020 30000 SH DEFINED 011619 30000
HOUSEHOLD INTL COM 441815107 47053 1383895 SH DEFINED 0102 486800 897095
HOUSEHOLD INTL COM 441815107 17439 512900 SH DEFINED 0131 512900
HOUSEHOLD INTL COM 441815107 1725 50737 SH DEFINED 0103 12200 38537
HOUSTON INDUSTRIES COM 442161105 139 4250 SH DEFINED 0103 4250
HUMANA COM 444859102 6853 425000 SH DEFINED 0130 425000
HUMANA COM 444859102 9675 600000 SH DEFINED 011618 600000
HUTCHNSN WHAMPO ADR COM 448415208 213 10570 SH DEFINED 01 10570
IDB COMMUNICATIONS CONV BOND 449355AB2 3119 3850000 PRN DEFINED 0124 3850000
IDB COMMUNICATIONS CONV BOND 449355AB2 5549 6850000 PRN DEFINED 0107 6850000
IDB COMM COM 449355106 3700 400000 SH DEFINED 0124 400000
IES INDUSTRIES INC COM 44949M103 5175 200000 SH DEFINED 0132 200000
IES INDUSTRIES INC COM 44949M103 6301 243515 SH DEFINED 0103 243515
IDSTC INCOME FUND II COM 449496108 139051 9820054 SH DEFINED 0103 4301271 5518783
INSTY-PRINT COM 449804103 280 70000 SH DEFINED 011619 70000
IRSA 144A GDS COM 450047105 5175 150000 SH DEFINED 01 150000
IRT PROPERTY CO COM 450058102 4839 490000 SH DEFINED 0107 490000
I-STAT CORP COM 450312103 2518 190000 SH DEFINED 0106 190000
I-STAT CORP COM 450312103 1723 130000 SH DEFINED 011614 130000
ITT CORP COM 450679105 21402 262200 SH DEFINED 0130 262200
ITT CORP COM 450679105 73463 900000 SH DEFINED 0126 900000
ITT CORP COM 450679105 16325 200000 SH DEFINED 0124 200000
ITT CORP COM 450679105 5069 62100 SH DEFINED 0125 62100
ITT CORP COM 450679105 6497 79600 SH DEFINED 011618 79600
ITT CORP COM 450679105 89387 1095138 SH DEFINED 0102 387600 707538
ITT CORP COM 450679105 10938 134000 SH DEFINED 0131 134000
ITT CORP COM 450679105 5063 62016 SH DEFINED 0103 25800 36216
ITT CORP COM 450679105 21312 261100 SH DEFINED 01 261100
IVF AMERICA $10 CONV PFD STOCK 450706205 471 150000 SH DEFINED 0107 150000
IDEXX LABS INC COM 45168D104 6694 225000 SH DEFINED 0106 225000
IDEXX LABS INC COM 45168D104 3570 120000 SH DEFINED 011619 120000
IDEXX LABS INC COM 45168D104 7586 255000 SH DEFINED 011614 255000
<PAGE> PAGE 37
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
IDEXX LABS INC COM 45168D104 21000 705900 SH DEFINED 0102 705900
IDEXX LABS INC COM 45168D104 3513 118100 SH DEFINED 0131 118100
IDEXX LABS INC COM 45168D104 348 11700 SH DEFINED 0103 11700
ILLINOIS PWR SER P PREFERRED STOCK 452092810 5976 57460 SH DEFINED 0105 57460
ILLINOIS PWR SER P PREFERRED STOCK 452092810 2486 23905 SH DEFINED 01 23905
ILLINOIS PWR SER P PREFERRED STOCK 452092810 622 5980 SH DEFINED 0116 5980
ILLINOIS PWR SER B PREFERRED STOCK 452092836 3360 70000 SH DEFINED 01 70000
ILLINOIS PWR SER B PREFERRED STOCK 452092836 2191 45650 SH DEFINED 0116 45650
ILLINOIS PWR SER B PREFERRED STOCK 452092836 2160 45000 SH DEFINED 0116 45000
IL PWR SER A PREFERRED STOCK 452092851 2293 55250 SH DEFINED 01 55250
ILLINOIS TOOL WORKS COM 452308109 9750 250000 SH DEFINED 0108 250000
ILLINOIS TOOL WORKS COM 452308109 8861 227200 SH DEFINED 0124 227200
ILLINOIS TOOL WORKS COM 452308109 9750 250000 SH DEFINED 011516 250000
ILLINOIS TOOL WORKS COM 452308109 8970 230000 SH DEFINED 011618 230000
ILLINOIS TOOL WORKS COM 452308109 17665 452921 SH DEFINED 0102 177500 275421
ILLINOIS TOOL WORKS COM 452308109 148 3802 SH DEFINED 0103 3802
IMAX CORP COM 45245E109 411 45000 SH DEFINED 0106 45000
IMAX CORP COM 45245E109 502 55000 SH DEFINED 011614 55000
IMPERIAL CHEM IN ADR COM 452704505 475 10000 SH DEFINED 0103 10000
INCO LTD CVT CONV BOND 453258AK1 2516 2500000 PRN DEFINED 0104 2500000
INCO LTD CVT CONV BOND 453258AK1 5031 5000000 PRN DEFINED 0107 5000000
INCO LTD CVT CONV BOND 453258AK1 1761 1750000 PRN DEFINED 011621 1750000
INCO LTD CVT CONV BOND 453258AK1 755 750000 PRN DEFINED 0131 750000
INCO LIMITED COM 453258402 3047 125000 SH DEFINED 011618 125000
INCO LIMITED COM 453258402 91 3714 SH DEFINED 0103 3714
INDRESCO INC COM 455905109 3563 300000 SH DEFINED 0128 300000
NATUZZI COM 456478106 5150 200000 SH DEFINED 01 200000
INFINITY BROADCASTNG COM 456626100 682 28125 SH DEFINED 011614 28125
INFINITY BROADCASTNG COM 456626100 10260 423075 SH DEFINED 0102 423075
INFINITY BROADCASTNG COM 456626100 187 7725 SH DEFINED 0103 7725
INFORMIX CORP COM 456779107 6200 400000 SH DEFINED 0130 400000
INFORMIX CORP COM 456779107 2403 155000 SH DEFINED 0106 155000
INFORMIX CORP COM 456779107 930 60000 SH DEFINED 011619 60000
INFORMIX CORP COM 456779107 1550 100000 SH DEFINED 011620 100000
INFORMIX CORP COM 456779107 3023 195000 SH DEFINED 011614 195000
INFORMIX CORP COM 456779107 3879 250300 SH DEFINED 0102 250300
INFORMIX CORP COM 456779107 3255 210000 SH DEFINED 0131 210000
INFORMIX CORP COM 456779107 73 4700 SH DEFINED 0103 4700
INFORMIX CORP COM 456779107 2170 140000 SH DEFINED 01 140000
INGERSOLL-RAND CO COM 456866102 119 3383 SH DEFINED 0103 3383
INFORMATION RESOURCE COM 456905108 2508 170000 SH DEFINED 0106 170000
INFORMATION RESOURCE COM 456905108 738 50000 SH DEFINED 011516 50000
INFORMATION RESOURCE COM 456905108 2950 200000 SH DEFINED 011614 200000
INLAND STEEL IND INC COM 457472108 42 1210 SH DEFINED 0103 1210
INSURANCE AUTO AUCTS COM 457875102 4875 150000 SH DEFINED 011516 150000
INTEL COM 458140100 10238 175000 SH DEFINED 0130 175000
INTEL COM 458140100 10238 175000 SH DEFINED 0108 175000
INTEL COM 458140100 58500 1000000 SH DEFINED 0126 1000000
INTEL COM 458140100 35100 600000 SH DEFINED 0124 600000
INTEL COM 458140100 725 12400 SH DEFINED 0125 12400
<PAGE> PAGE 38
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
INTEL COM 458140100 4212 72000 SH DEFINED 011622 72000
INTEL COM 458140100 9243 158000 SH DEFINED 011623 158000
INTEL COM 458140100 20475 350000 SH DEFINED 011516 350000
INTEL COM 458140100 15210 260000 SH DEFINED 011618 260000
INTEL COM 458140100 1463 25000 SH DEFINED 011620 25000
INTEL COM 458140100 189589 3240771 SH DEFINED 0102 1244200 1996571
INTEL COM 458140100 9500 162400 SH DEFINED 0131 162400
INTEL COM 458140100 7019 119970 SH DEFINED 0103 101050 18920
INTEL COM 458140100 22874 391000 SH DEFINED 01 391000
INTERCO WTS SERIES 1 WARRANT 458507118 130 51933 SH DEFINED 0109 51933
INTERIM COM 45868P100 4625 200000 SH DEFINED 0111 200000
INTERIM COM 45868P100 6938 300000 SH DEFINED 011516 300000
INTERGRAPH CORP COM 458683109 16 1621 SH DEFINED 0103 1621
INTERMAGNETICS GEN CONV BOND 458771AB8 2040 2000000 PRN DEFINED 0107 2000000
INTL BUSINESS MACH COM 459200101 11750 200000 SH DEFINED 0113 200000
INTL BUSINESS MACH COM 459200101 1108 18854 SH DEFINED 0103 18854
INTL BUSINESS MACH COM 459200101 1469 25000 SH DEFINED 01 25000
INTL CABLETEL INC COM 459216107 630 30000 SH DEFINED 011619 30000
INTL FAMILY ENTER COM 45950M106 3247 196800 SH DEFINED 0111 196800
INTL FLAVORS & FRAG COM 459506101 38734 990000 SH DEFINED 011516 990000
INTL FLAVORS & FRAG COM 459506101 153 3903 SH DEFINED 0103 3903
INTL IMAGING MAT COM 45968C108 1219 65000 SH DEFINED 011619 65000
INTL GAME TECHNOLOGY COM 459902102 18875 1000000 SH DEFINED 0126 1000000
INTL GAME TECHNOLOGY COM 459902102 5368 284384 SH DEFINED 0106 284384
INTL GAME TECHNOLOGY COM 459902102 15100 800000 SH DEFINED 0124 800000
INTL GAME TECHNOLOGY COM 459902102 1888 100000 SH DEFINED 011622 100000
INTL GAME TECHNOLOGY COM 459902102 4153 220000 SH DEFINED 011623 220000
INTL GAME TECHNOLOGY COM 459902102 6512 345000 SH DEFINED 011614 345000
INTL GAME TECHNOLOGY COM 459902102 13830 732863 SH DEFINED 0102 732863
INTL GAME TECHNOLOGY COM 459902102 4239 224600 SH DEFINED 0131 224600
INTL GAME TECHNOLOGY COM 459902102 453 24000 SH DEFINED 0103 24000
INTERNATIONAL PAPER COM 460146103 139 2100 SH DEFINED 0125 2100
INTERNATIONAL PAPER COM 460146103 13913 210000 SH DEFINED 011618 210000
INTERNATIONAL PAPER COM 460146103 62535 943875 SH DEFINED 0102 426000 517875
INTERNATIONAL PAPER COM 460146103 10534 159000 SH DEFINED 0131 159000
INTERNATIONAL PAPER COM 460146103 2143 32332 SH DEFINED 0103 20400 11932
INTERPOOL INC CONV BOND 46062RAA6 372 500000 PRN DEFINED 0104 500000
INTERPOOL INC CONV BOND 46062RAA6 223 300000 PRN DEFINED 011621 300000
INTERPOOL INC CONV BOND 46062RAA6 149 200000 PRN DEFINED 0131 200000
INTERPORE INTER COM 46062W107 473 70000 SH DEFINED 011619 70000
INTERPORE INTER COM 46062W107 1188 176000 SH DEFINED 011614 176000
INTERPUBLIC GROUP COM 460690100 62 2000 SH DEFINED 0102 2000
INTERPUBLIC GROUP COM 460690100 78 2501 SH DEFINED 0103 2501
INTERVOICE INC COM 461142101 2458 345000 SH DEFINED 0106 345000
INTERVOICE INC COM 461142101 565 79300 SH DEFINED 011619 79300
INTERVOICE INC COM 461142101 1425 200000 SH DEFINED 011620 200000
INTERVOICE INC COM 461142101 2570 360700 SH DEFINED 011614 360700
INTERVOICE INC COM 461142101 2444 343000 SH DEFINED 01 343000
INTUIT COM 461202103 1330 40000 SH DEFINED 0106 40000
INTUIT COM 461202103 1663 50000 SH DEFINED 011614 50000
<PAGE> PAGE 39
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
IOMEGA CORP COM 462030107 600 300000 SH DEFINED 0128 300000
IOMEGA CORP COM 462030107 800 400000 SH DEFINED 01 400000
IOMEGA CORP COM 462030107 1000 500000 SH DEFINED 011620 500000
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 7964 73300 SH DEFINED 0105 73300
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 3803 35000 SH DEFINED 01 35000
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 2879 26500 SH DEFINED 0116 26500
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 1087 10000 SH DEFINED 0116 10000
IRVINE APARTMENT COM 463606103 4000 200000 SH DEFINED 0107 200000
IWERKS ENT COM 465916104 133 20000 SH DEFINED 0106 20000
IWERKS ENT COM 465916104 133 20000 SH DEFINED 011614 20000
JDN REALTY CORP COM 465917102 1162 53100 SH DEFINED 0132 53100
JDN REALTY CORP COM 465917102 1162 53100 SH DEFINED 0107 53100
JP REALTY COM 46624A106 2835 135000 SH DEFINED 0107 135000
JWP INC COM 466265105 1 1159292 SH DEFINED 0103 147103 1012189
JACOBS ENGR GROUP COM 469814107 12300 600000 SH DEFINED 0126 600000
JAMES RIVER COM 470349101 46 2718 SH DEFINED 0103 2718
JAN BELL WARRANTS WARRANT 470760117 0 2689 SH DEFINED 0126 2689
JAN BELL WARRANTS WARRANT 470760117 0 2473 SH DEFINED 0131 2473
JEFFERSON PILOT COM 475070108 80 1635 SH DEFINED 0103 1635
JEFFERSON SMURFIT COM 475087102 10804 670000 SH DEFINED 0124 670000
JOHN NUVEEN COM 478035108 63 3000 SH DEFINED 0102 3000
JOHN NUVEEN COM 478035108 1411 66423 SH DEFINED 0103 66423
JOHNSON & JOHNSON COM 478160104 8575 200000 SH DEFINED 0111 200000
JOHNSON & JOHNSON COM 478160104 10719 250000 SH DEFINED 0124 250000
JOHNSON & JOHNSON COM 478160104 81 1900 SH DEFINED 0125 1900
JOHNSON & JOHNSON COM 478160104 15 345 SH DEFINED 0102 345
JOHNSON & JOHNSON COM 478160104 12734 297000 SH DEFINED 0131 297000
JOHNSON & JOHNSON COM 478160104 1540 35930 SH DEFINED 0103 35930
JOHNSON & JOHNSON COM 478160104 6131 143000 SH DEFINED 01 10000 133000
JOHNSON CONTROLS COM 478366107 68 1409 SH DEFINED 0103 1409
JOSTENS A. INC. COM 481088102 13706 850000 SH DEFINED 0113 850000
JOSTENS A. INC. COM 481088102 25 1522 SH DEFINED 0103 1522
KLM ROYAL DUTCH AIR COM 482516101 5475 200000 SH DEFINED 0111 200000
K-MART CORPORATION COM 482584109 19375 1250000 SH DEFINED 0113 1250000
K-MART CORPORATION COM 482584109 6200 400000 SH DEFINED 0131 400000
K-MART CORPORATION COM 482584109 510 32897 SH DEFINED 0103 32897
K-MART CVT SER A PREFERRED STOCK 482584208 314 10000 SH DEFINED 01 10000
KANSAS CITY SO IND COM 485170104 22 550 SH DEFINED 0102 550
KANSAS CITY SO IND COM 485170104 330 8100 SH DEFINED 0103 8100
KASH & KARRY "C" COM 485773980 16 3250 SH DEFINED 0109 3250
KASH & KARRY B COM 485773998 106 1625 SH DEFINED 0109 1625
KAUFMAN & BROAD HOME COM 486168107 3009 225000 SH DEFINED 0128 225000
KAUFMAN & BROAD HOME COM 486168107 4013 300000 SH DEFINED 0124 300000
KAUFMAN & BROAD HOME COM 486168107 9189 687000 SH DEFINED 0131 687000
KAUFMAN & BROAD HOME COM 486168107 403 30087 SH DEFINED 0103 30087
KAYDON CORP COM 486587108 3825 180000 SH DEFINED 0128 180000
KELLOGG CO. COM 487836108 406 7470 SH DEFINED 0103 7470
KELLY SERVICES COM 488152208 5466 198750 SH DEFINED 0111 198750
KENDALL CORP COM 488751108 4646 91095 SH DEFINED 0103 91095
KENETECH COM 488878109 1825 100000 SH DEFINED 0106 100000
<PAGE> PAGE 40
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
KENETECH COM 488878109 4563 250000 SH DEFINED 0111 250000
KENETECH COM 488878109 821 45000 SH DEFINED 011619 45000
KENETECH COM 488878109 2646 145000 SH DEFINED 011614 145000
KENETECH COM 488878109 3770 206600 SH DEFINED 0102 206600
KENETECH COM 488878109 2281 125000 SH DEFINED 0131 125000
KENETECH COM 488878109 73 4000 SH DEFINED 0103 4000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 14175 700000 SH DEFINED 0130 700000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 3999 197500 SH DEFINED 0132 197500
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 3999 197500 SH DEFINED 0107 197500
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 1418 70000 SH DEFINED 011620 70000
KENT ELECTRONICS COM 490553104 732 24000 SH DEFINED 011619 24000
KERR MCGEE COM 492386107 77 1639 SH DEFINED 0103 1639
KEYCORP NEW COM 493267108 19125 600000 SH DEFINED 0113 600000
KEYCORP NEW COM 493267108 4781 150000 SH DEFINED 0107 150000
KEYCORP NEW COM 493267108 10519 330000 SH DEFINED 0131 330000
KEYCORP NEW COM 493267108 693 21750 SH DEFINED 0103 21750
KIMBERLY CLARK COM 494368103 29081 550000 SH DEFINED 0130 550000
KIMBERLY CLARK COM 494368103 14519 274600 SH DEFINED 011516 274600
KIMBERLY CLARK COM 494368103 282 5332 SH DEFINED 0103 5332
KIMBERLY CLARK COM 494368103 10839 205000 SH DEFINED 01 205000
KIMCO REALTY CORP COM 49446R109 4484 125000 SH DEFINED 0130 125000
KINGWORLD PRODUCTION COM 495667107 48 1200 SH DEFINED 0103 1200
KLOOF GOLD MININGADR COM 498746502 2531 225000 SH DEFINED 0127 225000
KNIGHT-RIDDER INC. COM 499040103 89 1747 SH DEFINED 0103 1747
KNOWLEDGEWARE INC COM 499245108 275 50000 SH DEFINED 011619 50000
KOHLS CORP COM 500255104 5170 110000 SH DEFINED 0106 110000
KOHLS CORP COM 500255104 6580 140000 SH DEFINED 011614 140000
KOHLS CORP COM 500255104 21094 448800 SH DEFINED 0102 448800
KOHLS CORP COM 500255104 6716 142900 SH DEFINED 0131 142900
KOHLS CORP COM 500255104 376 8000 SH DEFINED 0103 8000
KRANZCO REALTY COM 50076E103 3697 175000 SH DEFINED 0130 175000
KRANZCO REALTY COM 50076E103 4753 225000 SH DEFINED 0113 225000
KRANZCO REALTY COM 50076E103 6338 300000 SH DEFINED 0107 300000
KRANZCO REALTY COM 50076E103 1373 65000 SH DEFINED 01 65000
KROGER CO CONV BOND 501044BE0 6500 5000000 PRN DEFINED 0107 5000000
KROGER CO. COM 501044101 79 3389 SH DEFINED 0103 3389
LCI INTL INC $25 CONV PFD STOCK 501813208 7350 300000 SH DEFINED 0107 300000
LCI INTL INC $25 CONV PFD STOCK 501813208 9800 400000 SH DEFINED 011516 400000
LG AND E ENERGY CORP COM 501917108 6023 165000 SH DEFINED 0132 165000
LTV CORP NEW COM 501921100 9225 600000 SH DEFINED 0108 600000
LTV CORP NEW COM 501921100 8456 550000 SH DEFINED 011618 550000
LTV CORP NEW COM 501921100 58498 3804890 SH DEFINED 0102 1429800 2375090
LTV CORP NEW COM 501921100 1039 67550 SH DEFINED 0103 67550
LSB INDUSTRIES $50 CONV PFD STOCK 502160500 4419 100000 SH DEFINED 0124 100000
LSB INDUSTRIES $50 CONV PFD STOCK 502160500 3535 80000 SH DEFINED 0107 80000
LTC PROPERTIES COM 502175102 5350 400000 SH DEFINED 0113 400000
LTC PROPERTIES COM 502175102 4013 300000 SH DEFINED 0132 300000
LTC PROPERTIES COM 502175102 5016 375000 SH DEFINED 0107 375000
LVMH MOET HENNESSEY COM 502441207 153 4960 SH DEFINED 01 4960
LABORATORIO CHILE COM 505408104 2226 159000 SH DEFINED 0107 159000
<PAGE> PAGE 41
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
LAC MINERALS ORD COM 505458109 425 50000 SH DEFINED 0127 50000
LAM RESEARCH CORP COM 512807108 1400 50000 SH DEFINED 0106 50000
LAM RESEARCH CORP COM 512807108 2730 97500 SH DEFINED 011614 97500
LAM RESEARCH CORP COM 512807108 5591 199700 SH DEFINED 0102 199700
LAM RESEARCH CORP COM 512807108 97 3450 SH DEFINED 0103 3450
LANCASTER COLONY COR COM 513847103 52 1100 SH DEFINED 0102 1100
LANCASTER COLONY COR COM 513847103 794 16800 SH DEFINED 0103 16800
LANDAMARK COMM COM 515090108 3053 15530 SH DEFINED 0102 15530
LASALLE NATL $50 PREFERRED STOCK 5180283*4 7931 150000 SH DEFINED 01 150000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 3173 60000 SH DEFINED 0116 60000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 2115 40000 SH DEFINED 0116 40000
LEAR SEATING CORP COM 521893107 3608 196350 SH DEFINED 0109 196350
LEASEWAY TRANSPORT COM 522075100 7034 721428 SH DEFINED 0109 721428
LEGENT CORP COM 52465R109 1485 55000 SH DEFINED 011620 55000
LEGENT CORP COM 52465R109 1998 74000 SH DEFINED 01 74000
LEHMAN BROS HOLDINGS COM 524908100 569 37589 SH DEFINED 01 37589
LENNAR CORP COM 526057104 8494 450000 SH DEFINED 0108 450000
LEUCADIA NAT'L CONV BOND 527288AG9 4263 4900000 PRN DEFINED 0104 4900000
LEUCADIA NAT'L CONV BOND 527288AG9 2262 2600000 PRN DEFINED 0131 2600000
LIBERTY MEDIA CL E PREFERRED STOCK 530715507 2860 40000 SH DEFINED 0128 40000
LIBERTY MEDIA CL E PREFERRED STOCK 530715507 7150 100000 SH DEFINED 0109 100000
LIBERTY MEDIA CL E PREFERRED STOCK 530715507 1788 25000 SH DEFINED 0131 25000
ELI LILLY COM 532457108 483 8500 SH DEFINED 0125 8500
ELI LILLY COM 532457108 68 1200 SH DEFINED 0102 1200
ELI LILLY COM 532457108 750 13185 SH DEFINED 0103 13185
THE LIMITED INC COM 532716107 10350 600000 SH DEFINED 0124 600000
THE LIMITED INC COM 532716107 205 11874 SH DEFINED 0103 11874
LIN BROADCASTING COM 532763109 23950 200000 SH DEFINED 0130 200000
LIN BROADCASTING COM 532763109 10778 90000 SH DEFINED 0132 90000
LIN BROADCASTING COM 532763109 17963 150000 SH DEFINED 011618 150000
LIN BROADCASTING COM 532763109 43510 363328 SH DEFINED 0102 71600 291728
LIN BROADCASTING COM 532763109 1760 14700 SH DEFINED 0103 14700
LIN BROADCASTING COM 532763109 599 5000 SH DEFINED 01 5000
LINCOLN NAT COM 534187109 8102 191200 SH DEFINED 011516 191200
LINCOLN NAT COM 534187109 125 2954 SH DEFINED 0103 2954
LINEAR TECHNOLOGY COM 535678106 22000 500000 SH DEFINED 0126 500000
LINEAR TECHNOLOGY COM 535678106 5060 115000 SH DEFINED 0106 115000
LINEAR TECHNOLOGY COM 535678106 6380 145000 SH DEFINED 011614 145000
LINEAR TECHNOLOGY COM 535678106 13977 317650 SH DEFINED 0102 317650
LINEAR TECHNOLOGY COM 535678106 7260 165000 SH DEFINED 0131 165000
LINEAR TECHNOLOGY COM 535678106 211 4800 SH DEFINED 0103 4800
LIZ CLAIBORNE COM 539320101 54 2715 SH DEFINED 0103 2715
LOCKHEED CORP COM 539821108 135 2067 SH DEFINED 0103 2067
LOEWS CORP COM 540424108 60 700 SH DEFINED 0102 700
LONE STAR INDUSTRIES COM 542290408 3081 205381 SH DEFINED 0116 205381
LONE STAR INDUSTRIES COM 542290408 1350 90000 SH DEFINED 0105 90000
LONE STAR INDUSTRIES COM 542290408 268 17859 SH DEFINED 01 17859
LONE STAR STEAK HS COM 542307103 531 30333 SH DEFINED 0102 30333
LONG ISLAND LIGHTING COM 542671102 14644 825000 SH DEFINED 0113 825000
LONG ISLAND LIGHTING PREFERRED STOCK 5426719A2 937 9199 SH DEFINED 0105 9199
<PAGE> PAGE 42
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
LONGS DRUG STORES COM 543162101 23 656 SH DEFINED 0103 656
LONGVIEW FIBRE WASH COM 543213102 4200 240000 SH DEFINED 0128 240000
LONGVIEW FIBRE WASH COM 543213102 1225 70000 SH DEFINED 011620 70000
LONGVIEW FIBRE WASH COM 543213102 5110 292000 SH DEFINED 0131 292000
LONGVIEW FIBRE WASH COM 543213102 235 13400 SH DEFINED 0103 13400
LORAL COM 543859102 93 2656 SH DEFINED 0103 2656
LOTUS DEV CORP COM 545700106 3370 91710 SH DEFINED 0108 91710
LOTUS DEV CORP COM 545700106 3161 86000 SH DEFINED 0106 86000
LOTUS DEV CORP COM 545700106 1103 30000 SH DEFINED 011622 30000
LOTUS DEV CORP COM 545700106 2462 67000 SH DEFINED 011623 67000
LOTUS DEV CORP COM 545700106 25725 700000 SH DEFINED 011516 700000
LOTUS DEV CORP COM 545700106 809 22000 SH DEFINED 011619 22000
LOTUS DEV CORP COM 545700106 3896 106000 SH DEFINED 011614 106000
LOTUS DEV CORP COM 545700106 8813 239896 SH DEFINED 0102 94750 145146
LOTUS DEV CORP COM 545700106 3829 104200 SH DEFINED 0131 104200
LOTUS DEV CORP COM 545700106 604 16420 SH DEFINED 0103 15000 1420
LOTUS DEV CORP COM 545700106 29 800 SH DEFINED 01 800
LOUISIANA LAND/EXP COM 546268103 332 7800 SH DEFINED 0125 7800
LOUISIANA LAND/EXP COM 546268103 47 1100 SH DEFINED 0102 1100
LOUISIANA LAND/EXP COM 546268103 178 4191 SH DEFINED 0103 4191
LOUISIANA PAC. COM 546347105 107 3495 SH DEFINED 0103 3495
LOWE'S CO'S COM 548661107 14 400 SH DEFINED 0102 400
LOWE'S CO'S COM 548661107 6295 183800 SH DEFINED 0131 183800
LOWE'S CO'S COM 548661107 356 10397 SH DEFINED 0103 5400 4997
LUBY'S CAFETERIES COM 549282101 20 870 SH DEFINED 0103 870
LUKENS INC COM 549866101 22925 700000 SH DEFINED 0130 700000
LUND INTL HLDGS INC COM 550368104 800 50000 SH DEFINED 011619 50000
LYONDELL PETROCHEM COM 552078107 7388 300000 SH DEFINED 0124 300000
LYONDELL PETROCHEM COM 552078107 4925 200000 SH DEFINED 0107 200000
LYONDELL PETROCHEM COM 552078107 23221 942980 SH DEFINED 0102 226000 716980
MA/COM COM 552618100 6 768 SH DEFINED 0103 768
MBNA COM 55262L100 45000 2000000 SH DEFINED 0126 2000000
MBNA COM 55262L100 20250 900000 SH DEFINED 0113 900000
MBNA COM 55262L100 30375 1350000 SH DEFINED 0124 1350000
MBNA COM 55262L100 2363 105000 SH DEFINED 0107 105000
MBNA COM 55262L100 2250 100000 SH DEFINED 011622 100000
MBNA COM 55262L100 4950 220000 SH DEFINED 011623 220000
MBNA COM 55262L100 822 36511 SH DEFINED 0102 36511
MBNA COM 55262L100 13050 580000 SH DEFINED 0131 580000
MBNA COM 55262L100 821 36527 SH DEFINED 0103 10450 26077
MCI COMMUNICATIONS COM 552673105 22125 1000000 SH DEFINED 0126 1000000
MCI COMMUNICATIONS COM 552673105 4425 200000 SH DEFINED 0132 200000
MCI COMMUNICATIONS COM 552673105 26550 1200000 SH DEFINED 0124 1200000
MCI COMMUNICATIONS COM 552673105 664 30000 SH DEFINED 0125 30000
MCI COMMUNICATIONS COM 552673105 17036 770000 SH DEFINED 011516 770000
MCI COMMUNICATIONS COM 552673105 7080 320000 SH DEFINED 011618 320000
MCI COMMUNICATIONS COM 552673105 4873 220287 SH DEFINED 0102 84700 135587
MCI COMMUNICATIONS COM 552673105 667 30154 SH DEFINED 0103 30154
MCI COMMUNICATIONS COM 552673105 221 10000 SH DEFINED 01 10000
MFS COMM COM 55272T101 2475 100000 SH DEFINED 0111 100000
<PAGE> PAGE 43
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MFS COMM COM 55272T101 2475 100000 SH DEFINED 0132 100000
MFS COMM COM 55272T101 22894 925000 SH DEFINED 011516 925000
MGIC INVESTMENT CORP COM 552848103 22128 835000 SH DEFINED 011516 835000
MGI PROPERTIES COM 552885105 1097 75000 SH DEFINED 0132 75000
M.S. CARRIERS COM 553533100 2271 115000 SH DEFINED 0106 115000
M.S. CARRIERS COM 553533100 2271 115000 SH DEFINED 011614 115000
M.S. CARRIERS COM 553533100 3294 166700 SH DEFINED 0102 166700
M.S. CARRIERS COM 553533100 57 2900 SH DEFINED 0103 2900
MAANSHAN IRON&STEEL COM 554059105 2749 100000 SH DEFINED 0111 100000
MACFRUGALS BARGAINS COM 554152108 4066 234000 SH DEFINED 0128 234000
MADECO COM 556304103 5738 225000 SH DEFINED 0130 225000
MADECO COM 556304103 6375 250000 SH DEFINED 01 250000
MADECO COM 556304103 1275 50000 SH DEFINED 011620 50000
MADECO COM 556304103 2754 108000 SH DEFINED 01 108000
MADERAS Y SINTETICOS COM 556465102 3600 150000 SH DEFINED 0124 150000
MADERAS Y SINTETICOS COM 556465102 1200 50000 SH DEFINED 011620 50000
MADERAS Y SINTETICOS COM 556465102 138 5760 SH DEFINED 01 5760
MAGMA COPPER NEW CLB COM 559177209 6050 400000 SH DEFINED 0124 400000
MAGMA COPPER $50 CVT CONV PFD STOCK 559177308 1500 25000 SH DEFINED 0104 25000
MAGMA COPPER $50 CVT CONV PFD STOCK 559177308 3762 62700 SH DEFINED 0107 62700
MAGMA COPPER $50 CVT CONV PFD STOCK 559177308 1050 17500 SH DEFINED 011621 17500
MAGMA COPPER $50 CVT CONV PFD STOCK 559177308 450 7500 SH DEFINED 0131 7500
MAGMA COPPER CONV PFD STOCK 559177407 3721 59300 SH DEFINED 0107 59300
MAGMA POWER NEW COM 559194105 3656 125000 SH DEFINED 0132 125000
MAGNA INTL COM 559222401 36000 900000 SH DEFINED 0126 900000
MAGNA INTL COM 559222401 3000 75000 SH DEFINED 0124 75000
MAGNA INTL COM 559222401 2960 74000 SH DEFINED 011622 74000
MAGNA INTL COM 559222401 6720 168000 SH DEFINED 011623 168000
MAGNA INTL COM 559222401 24 600 SH DEFINED 0102 600
MAGNA INTL COM 559222401 388 9700 SH DEFINED 0103 9700
MAGNETEK INC COM 559424106 7250 500000 SH DEFINED 011516 500000
MAGNETEK INC COM 559424106 1595 110000 SH DEFINED 011620 110000
MAGNETEK INC COM 559424106 2973 205000 SH DEFINED 01 205000
MAHINDRA & MAHINDRA COM 559832100 2962 299780 SH DEFINED 0124 299780
MALAN REALTY INV CVT CONV BOND 561063AA6 3553 3500000 PRN DEFINED 0104 3500000
MALAN REALTY INV CVT CONV BOND 561063AA6 2791 2750000 PRN DEFINED 0109 2750000
MALAN REALTY INV CVT CONV BOND 561063AA6 2791 2750000 PRN DEFINED 011621 2750000
MALAN REALTY INV CVT CONV BOND 561063AA6 1015 1000000 PRN DEFINED 0131 1000000
MALAN REALTY COM 561063108 3019 175000 SH DEFINED 0132 175000
MALAN REALTY COM 561063108 3881 225000 SH DEFINED 0107 225000
MALLINCKRODT GROUP COM 561226101 107 3300 SH DEFINED 0102 3300
MALLINCKRODT GROUP COM 561226101 81 2506 SH DEFINED 0103 2506
MANOR CARE INC COM 564054104 2 67 SH DEFINED 0102 67
MANOR CARE INC COM 564054104 47 1869 SH DEFINED 0103 1869
MANPOWER INC 144A CONV BOND 56418HAA8 7350 6000000 PRN DEFINED 0107 6000000
MARION MERRELL DOW COM 569790108 13231 725000 SH DEFINED 0113 725000
MARSH MCLENNAN CO COM 571748102 2084 25000 SH DEFINED 0113 25000
MARSH MCLENNAN CO COM 571748102 208 2499 SH DEFINED 0103 2499
MARRIOTT INTERNATION COM 571900109 15975 600000 SH DEFINED 0126 600000
MARRIOTT INTERNATION COM 571900109 5325 200000 SH DEFINED 0111 200000
<PAGE> PAGE 44
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MARRIOTT INTERNATION COM 571900109 94 3519 SH DEFINED 0103 3519
MARTIN MARIETTA COM 572900108 7722 175000 SH DEFINED 0108 175000
MARTIN MARIETTA COM 572900108 2 52 SH DEFINED 0102 52
MARTIN MARIETTA COM 572900108 135 3056 SH DEFINED 0103 3056
MARTIN MARIETTA COM 572900108 883 20000 SH DEFINED 01 20000
MARTIN MARIETTA COM 573284106 7150 325000 SH DEFINED 0108 325000
MARTIN MARIETTA COM 573284106 3960 180000 SH DEFINED 0128 180000
MARTIN MARIETTA COM 573284106 5500 250000 SH DEFINED 0124 250000
MARTIN MARIETTA COM 573284106 4400 200000 SH DEFINED 011516 200000
MARVEL ENTERTAINMENT COM 573913100 1316 72100 SH DEFINED 0106 72100
MARVEL ENTERTAINMENT COM 573913100 1595 87400 SH DEFINED 011614 87400
MARVEL ENTERTAINMENT COM 573913100 2556 140000 SH DEFINED 0102 140000
MARVEL ENTERTAINMENT COM 573913100 1617 88600 SH DEFINED 0131 88600
MARVEL ENTERTAINMENT COM 573913100 226 12400 SH DEFINED 0103 12400
MARYLAND CABLE COM 574035200 4 378000 SH DEFINED 0109 378000
MASCO CORP COM 574599106 6875 250000 SH DEFINED 0108 250000
MASCO CORP COM 574599106 30250 1100000 SH DEFINED 0124 1100000
MASCO CORP COM 574599106 74 2700 SH DEFINED 0125 2700
MASCO CORP COM 574599106 5500 200000 SH DEFINED 011618 200000
MASCO CORP COM 574599106 18794 683300 SH DEFINED 0102 307950 375350
MASCO CORP COM 574599106 13145 478000 SH DEFINED 0131 478000
MASCO CORP COM 574599106 1260 45810 SH DEFINED 0103 17900 27910
MASCO CORP COM 574599106 5913 215000 SH DEFINED 01 215000
MASCOTECH INC CONV BOND 574670AB1 17563 25000000 PRN DEFINED 0130 25000000
MASCOTECH INC CONV BOND 574670AB1 3513 5000000 PRN DEFINED 0104 5000000
MASCOTECH INC CONV BOND 574670AB1 2459 3500000 PRN DEFINED 011621 3500000
MASCOTECH INC CONV BOND 574670AB1 1054 1500000 PRN DEFINED 0131 1500000
MASCOTECH COM 574670105 2120 160000 SH DEFINED 0128 160000
MASCOTECH COM 574670105 2650 200000 SH DEFINED 0107 200000
MATTEL INC. COM 577081102 25375 1000000 SH DEFINED 0126 1000000
MATTEL INC. COM 577081102 1586 62500 SH DEFINED 011622 62500
MATTEL INC. COM 577081102 3648 143750 SH DEFINED 011623 143750
MATTEL INC. COM 577081102 10150 400000 SH DEFINED 011516 400000
MATTEL INC. COM 577081102 14462 570023 SH DEFINED 0102 191950 378073
MATTEL INC. COM 577081102 933 36777 SH DEFINED 0103 31325 5452
MATTEL INC. COM 577081102 12313 485250 SH DEFINED 01 485250
MAXIM INTEGRATED COM 57772K101 3510 67500 SH DEFINED 0106 67500
MAXIM INTEGRATED COM 57772K101 15600 300000 SH DEFINED 0111 300000
MAXIM INTEGRATED COM 57772K101 780 15000 SH DEFINED 011619 15000
MAXIM INTEGRATED COM 57772K101 4550 87500 SH DEFINED 011614 87500
MAXIM INTEGRATED COM 57772K101 15621 300400 SH DEFINED 0102 300400
MAXIM INTEGRATED COM 57772K101 281 5400 SH DEFINED 0103 5400
MAXUS ENERGY CORP COM 577730104 22 4360 SH DEFINED 0103 4360
MAY DEPT STORES COM 577778103 2 46 SH DEFINED 0102 46
MAY DEPT STORES COM 577778103 10794 275000 SH DEFINED 0131 275000
MAY DEPT STORES COM 577778103 815 20766 SH DEFINED 0103 20766
MAY DEPT STORES COM 577778103 785 20000 SH DEFINED 01 20000
MAYFLOWER GROUP INC COM 578349102 48 5081 SH DEFINED 0103 5081
MAYTAG CO COM 578592107 23588 1275000 SH DEFINED 0130 1275000
MAYTAG CO COM 578592107 16650 900000 SH DEFINED 0113 900000
<PAGE> PAGE 45
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MAYTAG CO COM 578592107 3700 200000 SH DEFINED 011618 200000
MAYTAG CO COM 578592107 23888 1291107 SH DEFINED 0102 583150 707957
MAYTAG CO COM 578592107 491 26538 SH DEFINED 0103 23150 3388
MAYTAG CO COM 578592107 1480 80000 SH DEFINED 01 80000
MCCAW CELLULAR COMM COM 579468109 25875 500000 SH DEFINED 0132 500000
MCCAW CELLULAR COMM COM 579468109 20700 400000 SH DEFINED 0124 400000
MCCAW CELLULAR COMM COM 579468109 367 7100 SH DEFINED 0125 7100
MCCAW CELLULAR COMM COM 579468109 13973 270000 SH DEFINED 011618 270000
MCCAW CELLULAR COMM COM 579468109 52 1000 SH DEFINED 0102 1000
MCCAW CELLULAR COMM COM 579468109 3881 75000 SH DEFINED 0131 75000
MCCAW CELLULAR COMM COM 579468109 501 9678 SH DEFINED 0103 9678
MCDERMOTT INTL COM 580037109 41 1644 SH DEFINED 0103 1644
MCDONALDS COM 580135101 57750 2000000 SH DEFINED 0126 2000000
MCDONALDS COM 580135101 2766 95800 SH DEFINED 0125 95800
MCDONALDS COM 580135101 25988 900000 SH DEFINED 011516 900000
MCDONALDS COM 580135101 17903 620000 SH DEFINED 011618 620000
MCDONALDS COM 580135101 17168 594364 SH DEFINED 0102 140500 453864
MCDONALDS COM 580135101 2237 77500 SH DEFINED 0103 14100 63400
MCDONALDS COM 580135101 8991 311400 SH DEFINED 01 311400
MCDONNELL DOUGLASS COM 580169100 155 1326 SH DEFINED 0103 1326
MC GRAW-HILL COM 580645109 23275 350000 SH DEFINED 0130 350000
MC GRAW-HILL COM 580645109 10973 165000 SH DEFINED 0108 165000
MC GRAW-HILL COM 580645109 9975 150000 SH DEFINED 011618 150000
MC GRAW-HILL COM 580645109 109 1632 SH DEFINED 0103 1632
MCKESSON CORP COM 581556107 101 1407 SH DEFINED 0103 1407
MCMORAN OIL & GAS COM 582445102 330 75430 SH DEFINED 0113 75430
MCMORAN OIL & GAS COM 582445102 55 12500 SH DEFINED 0107 12500
MCMORAN OIL & GAS COM 582445102 131 30000 SH DEFINED 0131 30000
MCMORAN OIL & GAS COM 582445102 6 1350 SH DEFINED 0103 1350
MEAD CORP COM 582834107 82 1859 SH DEFINED 0103 1859
MEDAPHIS CORP 144A CONV BOND 584028AA2 6215 5500000 PRN DEFINED 011516 5500000
MEDAPHIS CORP COM 584028104 1513 55000 SH DEFINED 0106 55000
MEDAPHIS CORP COM 584028104 5500 200000 SH DEFINED 011516 200000
MEDAPHIS CORP COM 584028104 2750 100000 SH DEFINED 011619 100000
MEDAPHIS CORP COM 584028104 1238 45000 SH DEFINED 011620 45000
MEDAPHIS CORP COM 584028104 1650 60000 SH DEFINED 011614 60000
MEDAPHIS CORP COM 584028104 477 17354 SH DEFINED 0102 17354
MEDAPHIS CORP COM 584028104 3108 113000 SH DEFINED 01 113000
MEDAR INC. COM 584029102 960 80000 SH DEFINED 0106 80000
MEDAR INC. COM 584029102 1080 90000 SH DEFINED 011619 90000
MEDAR INC. COM 584029102 1152 96000 SH DEFINED 011614 96000
MEDCO RESEARCH INC COM 584059109 416 30000 SH DEFINED 011619 30000
MEDICAL CARE INTL CONV BOND 584505AC5 17000 20000000 PRN DEFINED 0130 20000000
MEDICAL CARE INTL CONV BOND 584505AC5 5525 6500000 PRN DEFINED 0124 6500000
MEDICUS SYSTEMS CORP COM 58469K107 1140 95000 SH DEFINED 0106 95000
MEDICUS SYSTEMS CORP COM 58469K107 960 80000 SH DEFINED 011614 80000
MEDI SENSE COM 584960108 2700 225000 SH DEFINED 0106 225000
MEDITRUST COM 58501T108 13600 400000 SH DEFINED 0113 400000
MEDITRUST COM 58501T108 4080 120000 SH DEFINED 0132 120000
MEDITRUST COM 58501T108 3400 100000 SH DEFINED 0107 100000
<PAGE> PAGE 46
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MEDITRUST COM 58501T108 5134 151000 SH DEFINED 01 151000
MEDSTAT GROUP INC COM 585051105 5603 415000 SH DEFINED 011516 415000
MEDTRONIC COM 585055106 24038 300000 SH DEFINED 0126 300000
MEDTRONIC COM 585055106 16025 200000 SH DEFINED 0124 200000
MEDTRONIC COM 585055106 1707 21300 SH DEFINED 0125 21300
MEDTRONIC COM 585055106 3606 45000 SH DEFINED 011622 45000
MEDTRONIC COM 585055106 8013 100000 SH DEFINED 011623 100000
MEDTRONIC COM 585055106 13621 170000 SH DEFINED 011516 170000
MEDTRONIC COM 585055106 6512 81318 SH DEFINED 0102 9350 71968
MEDTRONIC COM 585055106 4695 58600 SH DEFINED 0131 58600
MEDTRONIC COM 585055106 1157 14443 SH DEFINED 0103 3600 10843
MEDTRONIC COM 585055106 88 1100 SH DEFINED 01 1100
MELLON BANK CORP COM 585509102 116 2064 SH DEFINED 0103 2064
MELVILLE CORP COM 585745102 22281 575000 SH DEFINED 0113 575000
MELVILLE CORP COM 585745102 10656 275000 SH DEFINED 0131 275000
MELVILLE CORP COM 585745102 627 16183 SH DEFINED 0103 16183
MENS WEARHOUSE INC COM 587118100 1320 60000 SH DEFINED 0106 60000
MENS WEARHOUSE INC COM 587118100 1364 62000 SH DEFINED 011614 62000
MENS WEARHOUSE INC COM 587118100 372 16902 SH DEFINED 0103 16902
MERCANTILE BANCORPOR COM 587342106 6586 187500 SH DEFINED 0128 187500
MERCANTILE BANCORPOR COM 587342106 4742 135000 SH DEFINED 0106 135000
MERCANTILE BANCORPOR COM 587342106 5269 150000 SH DEFINED 011614 150000
MERCANTILE BANCORPOR COM 587342106 13699 390000 SH DEFINED 0131 390000
MERCANTILE BANCORPOR COM 587342106 351 10000 SH DEFINED 0103 10000
MERCANTILE STORES COM 587533100 38 1198 SH DEFINED 0103 1198
MERCK COM 589331107 19338 650000 SH DEFINED 0130 650000
MERCK COM 589331107 8925 300000 SH DEFINED 0124 300000
MERCK COM 589331107 1544 51900 SH DEFINED 0125 51900
MERCK COM 589331107 1850 62193 SH DEFINED 0107 62193
MERCK COM 589331107 7438 250000 SH DEFINED 011516 250000
MERCK COM 589331107 259 8700 SH DEFINED 0102 8700
MERCK COM 589331107 10829 364000 SH DEFINED 0131 364000
MERCK COM 589331107 2330 78324 SH DEFINED 0103 78324
MERCK COM 589331107 6133 206146 SH DEFINED 01 206146
MERCURY FINANCE CO COM 589395102 825 50000 SH DEFINED 011619 50000
MEREDITH CORP COM 589433101 23 538 SH DEFINED 0103 538
MERIDIAN BANCORP INC COM 589580109 1367 45000 SH DEFINED 0106 45000
MERIDIAN BANCORP INC COM 589580109 1671 55000 SH DEFINED 011614 55000
MERIDIAN BANCORP INC COM 589580109 12 400 SH DEFINED 0102 400
MERIDIAN BANCORP INC COM 589580109 3186 104900 SH DEFINED 0131 104900
MERIDIAN BANCORP INC COM 589580109 200 6600 SH DEFINED 0103 6600
MERRILL CORPORATION COM 590175105 5500 250000 SH DEFINED 011516 250000
MERRILL LYNCH & CO COM 590188108 21000 600000 SH DEFINED 0111 600000
MERRILL LYNCH & CO COM 590188108 168 4800 SH DEFINED 0102 4800
MERRILL LYNCH & CO COM 590188108 282 8052 SH DEFINED 0103 8052
MERRY LAND & INVT CO COM 590438107 2025 100000 SH DEFINED 0132 100000
MERRY LAND & INVT CO COM 590438107 2228 110000 SH DEFINED 011618 110000
MESA AIRLINES COM 590481107 2469 250000 SH DEFINED 0106 250000
MESA AIRLINES COM 590481107 7900 800000 SH DEFINED 0111 800000
MESA AIRLINES COM 590481107 5925 600000 SH DEFINED 011618 600000
<PAGE> PAGE 47
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MESA AIRLINES COM 590481107 741 75000 SH DEFINED 011619 75000
MESA AIRLINES COM 590481107 2074 210000 SH DEFINED 011614 210000
MESA AIRLINES COM 590481107 3972 402200 SH DEFINED 0102 402200
MESA AIRLINES COM 590481107 3209 325000 SH DEFINED 0131 325000
MESA AIRLINES COM 590481107 73 7400 SH DEFINED 0103 7400
MEYER (FRED) INC COM 593098106 5456 150000 SH DEFINED 0131 150000
MEYER (FRED) INC COM 593098106 244 6700 SH DEFINED 0103 6700
MICHIGAN NATIONAL CO COM 594563108 3600 50000 SH DEFINED 0107 50000
MICROSOFT COM 594918104 25750 500000 SH DEFINED 0126 500000
MICROSOFT COM 594918104 2575 50000 SH DEFINED 0106 50000
MICROSOFT COM 594918104 25750 500000 SH DEFINED 0111 500000
MICROSOFT COM 594918104 20600 400000 SH DEFINED 0124 400000
MICROSOFT COM 594918104 1545 30000 SH DEFINED 011622 30000
MICROSOFT COM 594918104 3502 68000 SH DEFINED 011623 68000
MICROSOFT COM 594918104 3605 70000 SH DEFINED 011614 70000
MICROSOFT COM 594918104 45868 890418 SH DEFINED 0102 365920 524498
MICROSOFT COM 594918104 3605 70000 SH DEFINED 0131 70000
MICROSOFT COM 594918104 1801 34953 SH DEFINED 0103 16510 18443
MICRO-CHIP COM 595017104 3173 90000 SH DEFINED 0106 90000
MICRO-CHIP COM 595017104 881 25000 SH DEFINED 011619 25000
MICRO-CHIP COM 595017104 6609 187500 SH DEFINED 011614 187500
MICRO-CHIP COM 595017104 1739 49300 SH DEFINED 0102 49300
MICRO-CHIP COM 595017104 25 700 SH DEFINED 0103 700
MID ATLANTIC MEDICAL COM 59523C107 1558 35000 SH DEFINED 0106 35000
MID ATLANTIC MEDICAL COM 59523C107 1780 40000 SH DEFINED 011614 40000
MID ATLANTIC MEDICAL COM 59523C107 4548 102200 SH DEFINED 0102 102200
MID ATLANTIC MEDICAL COM 59523C107 2612 58700 SH DEFINED 0131 58700
MID ATLANTIC MEDICAL COM 59523C107 250 5600 SH DEFINED 0103 5600
MID ATLANTIC COM 595232109 2281 250000 SH DEFINED 0107 250000
MILLIPORE CORP COM 601073109 46 875 SH DEFINED 0103 875
MILLS COM 601148109 9563 425000 SH DEFINED 0113 425000
MILLS COM 601148109 3825 170000 SH DEFINED 0132 170000
MILLS COM 601148109 3825 170000 SH DEFINED 0107 170000
MINN EDUC COMP COM 60400P104 603 67000 SH DEFINED 011619 67000
MN MINING & MFG CO COM 604059105 30938 625000 SH DEFINED 0130 625000
MN MINING & MFG CO COM 604059105 19800 400000 SH DEFINED 0113 400000
MN MINING & MFG CO COM 604059105 4950 100000 SH DEFINED 0107 100000
MN MINING & MFG CO COM 604059105 17325 350000 SH DEFINED 011516 350000
MN MINING & MFG CO COM 604059105 9653 195000 SH DEFINED 011618 195000
MN MINING & MFG CO COM 604059105 702 14182 SH DEFINED 0103 14182
MN MINING & MFG CO COM 604059105 397 8000 SH DEFINED 01 8000
MN P & L 144A $100 PREFERRED STOCK 6041109C2 4956 50000 SH DEFINED 0105 50000
MN P & L 144A $100 PREFERRED STOCK 6041109C2 2974 30000 SH DEFINED 01 30000
MN P&L 144A 6.70 PREFERRED STOCK 604110999 9963 100000 SH DEFINED 0105 100000
MIRAGE RESORTS INC COM 60462E104 11250 600000 SH DEFINED 0126 600000
MRS FIELDS COM 60650*990 605 20176717 SH DEFINED 0105 20176717
MOBIL COM 607059102 18366 225000 SH DEFINED 0113 225000
MOBIL COM 607059102 1151 14100 SH DEFINED 0125 14100
MOBIL COM 607059102 16325 200000 SH DEFINED 011618 200000
MOBIL COM 607059102 82744 1013809 SH DEFINED 0102 389270 624539
<PAGE> PAGE 48
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MOBIL COM 607059102 11019 135000 SH DEFINED 0131 135000
MOBIL COM 607059102 3761 46071 SH DEFINED 0103 20800 25271
MOBIL COM 607059102 3102 38000 SH DEFINED 01 38000
MOHAWK INDUSTRIES COM 608190104 1750 100000 SH DEFINED 0111 100000
MOHAWK INDUSTRIES COM 608190104 2975 170000 SH DEFINED 011618 170000
MOHAWK INDUSTRIES COM 608190104 337 19271 SH DEFINED 0102 19271
MOLECULAR DYNAMICS COM 608514105 910 140000 SH DEFINED 0106 140000
MOLECULAR DYNAMICS COM 608514105 715 110000 SH DEFINED 011614 110000
MOLEX INC CL A COM 608554200 268 7260 SH DEFINED 0102 1200 6060
MOLTEN METAL TECH COM 608712105 1800 100000 SH DEFINED 0107 100000
MONSANTO COMPANY COM 611662107 296 3917 SH DEFINED 0103 3917
MOORE CORP COM 615785102 21094 1250000 SH DEFINED 0113 1250000
MOORE CORP COM 615785102 53 3167 SH DEFINED 0103 3167
JP MORGAN & CO INC COM 616880100 149 2400 SH DEFINED 0102 2400
JP MORGAN & CO INC COM 616880100 391 6319 SH DEFINED 0103 6319
MORGAN STANLEY GROUP COM 617446109 5688 100000 SH DEFINED 0108 100000
MORRISON KNUDSEN CP COM 618447106 21 985 SH DEFINED 0103 985
MORTON INTERNATIONAL COM 619331101 39 500 SH DEFINED 0125 500
MORTON INTERNATIONAL COM 619331101 357 4550 SH DEFINED 0102 500 4050
MORTON INTERNATIONAL COM 619331101 143 1832 SH DEFINED 0103 1832
MOTOR COACH INDS INT COM 619848104 5563 500000 SH DEFINED 0124 500000
MOTOROLA COM 620076109 115700 2600000 SH DEFINED 0126 2600000
MOTOROLA COM 620076109 22250 500000 SH DEFINED 0111 500000
MOTOROLA COM 620076109 22250 500000 SH DEFINED 0124 500000
MOTOROLA COM 620076109 2959 66500 SH DEFINED 0125 66500
MOTOROLA COM 620076109 6230 140000 SH DEFINED 011622 140000
MOTOROLA COM 620076109 14774 332000 SH DEFINED 011623 332000
MOTOROLA COM 620076109 15575 350000 SH DEFINED 011618 350000
MOTOROLA COM 620076109 92999 2089935 SH DEFINED 0102 764250 1325685
MOTOROLA COM 620076109 4863 109299 SH DEFINED 0103 63500 45799
MOTOROLA COM 620076109 3698 83100 SH DEFINED 01 83100
MULTIMEDIA INC NEW COM 62545K107 5800 200000 SH DEFINED 0108 200000
MULTIMEDIA INC NEW COM 62545K107 17400 600000 SH DEFINED 0126 600000
MULTIMEDIA INC NEW COM 62545K107 4060 140000 SH DEFINED 0128 140000
MULTIMEDIA INC NEW COM 62545K107 2482 85600 SH DEFINED 0106 85600
MULTIMEDIA INC NEW COM 62545K107 2482 85600 SH DEFINED 011614 85600
MULTIMEDIA INC NEW COM 62545K107 5772 199000 SH DEFINED 0102 199000
MULTIMEDIA INC NEW COM 62545K107 3312 114200 SH DEFINED 0131 114200
MULTIMEDIA INC NEW COM 62545K107 96 3300 SH DEFINED 0103 3300
MUTUAL RISK COM 628351108 11750 500000 SH DEFINED 0130 500000
MUTUAL RISK COM 628351108 11750 500000 SH DEFINED 011516 500000
MUTUAL RISK COM 628351108 823 35000 SH DEFINED 011619 35000
MUTUAL RISK COM 628351108 1528 65000 SH DEFINED 011620 65000
MUTUAL RISK COM 628351108 2914 124000 SH DEFINED 01 124000
NBD BANCORP COM 628900102 169 5331 SH DEFINED 0103 5331
NVR INC COM 62944T105 625 100000 SH DEFINED 0109 100000
NACCO IND CL A COM 629579103 12 224 SH DEFINED 0103 224
NALCO CHEMICAL COM 629853102 10359 325000 SH DEFINED 0130 325000
NALCO CHEMICAL COM 629853102 134 4200 SH DEFINED 0125 4200
NALCO CHEMICAL COM 629853102 21 661 SH DEFINED 0102 661
<PAGE> PAGE 49
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NALCO CHEMICAL COM 629853102 130 4084 SH DEFINED 0103 4084
NATL AUSTRALIA BANK COM 632996997 4797 600000 SH DEFINED 0130 600000
NATIONAL EDUCATION COM 635771108 5 878 SH DEFINED 0103 878
NATL ENT 4.75 CONV BOND 635819AA3 1 20000 PRN DEFINED 0102 20000
NATIONAL FUEL GAS CO COM 636180101 4406 150000 SH DEFINED 0132 150000
NATIONAL GOLF COM 63623G109 3294 155000 SH DEFINED 011618 155000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1508 60000 SH DEFINED 0104 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1508 60000 SH DEFINED 0109 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1005 40000 SH DEFINED 011621 40000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 251 10000 SH DEFINED 011620 10000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 578 23000 SH DEFINED 0131 23000
NATL INTERGROUP INC COM 636540106 11 632 SH DEFINED 0103 632
NATL MED ENTERPRISE COM 636886103 85 5445 SH DEFINED 0103 5445
NATL PRESTO IND COM 637215104 4172 103000 SH DEFINED 0128 103000
NATL SEMICONDUCTOR COM 637640103 61 3527 SH DEFINED 0103 3527
NATL SERVICES IND COM 637657107 42 1633 SH DEFINED 0103 1633
NATL STEEL CORP -CL COM 637844309 6231 402000 SH DEFINED 011516 402000
NAT CORP HOUSING COM 637995994 100 500 SH DEFINED 01 500
NATIONS BANK COM 638585109 30825 600000 SH DEFINED 0130 600000
NATIONS BANK COM 638585109 41100 800000 SH DEFINED 0126 800000
NATIONS BANK COM 638585109 25688 500000 SH DEFINED 0113 500000
NATIONS BANK COM 638585109 15413 300000 SH DEFINED 0111 300000
NATIONS BANK COM 638585109 12844 250000 SH DEFINED 0124 250000
NATIONS BANK COM 638585109 3488 67900 SH DEFINED 0125 67900
NATIONS BANK COM 638585109 7706 150000 SH DEFINED 0107 150000
NATIONS BANK COM 638585109 4213 82000 SH DEFINED 011622 82000
NATIONS BANK COM 638585109 9350 182000 SH DEFINED 011623 182000
NATIONS BANK COM 638585109 12844 250000 SH DEFINED 011516 250000
NATIONS BANK COM 638585109 6679 130000 SH DEFINED 011618 130000
NATIONS BANK COM 638585109 1284 25000 SH DEFINED 011620 25000
NATIONS BANK COM 638585109 101213 1970039 SH DEFINED 0102 695600 1274439
NATIONS BANK COM 638585109 10275 200000 SH DEFINED 0131 200000
NATIONS BANK COM 638585109 4673 90955 SH DEFINED 0103 44500 46455
NATIONS BANK COM 638585109 4151 80800 SH DEFINED 01 80800
NATURE'S BOUNTY INC COM 639017300 10680 1335000 SH DEFINED 011516 1335000
NAVISTAR INTL CORP COM 63934E108 1424 106489 SH DEFINED 0103 106489
NELSON (THOMAS) INC COM 640376109 4100 200000 SH DEFINED 0111 200000
NETFRAME SYSTEM COM 641106109 788 90000 SH DEFINED 0128 90000
NETFRAME SYSTEM COM 641106109 1488 170000 SH DEFINED 0106 170000
NETFRAME SYSTEM COM 641106109 1575 180000 SH DEFINED 011614 180000
NETFRAME SYSTEM COM 641106109 1916 219000 SH DEFINED 01 219000
NETWORK PERIPHERALS COM 64121R100 438 70000 SH DEFINED 011619 70000
NJ NATL GAS 100 144A PREFERRED STOCK 645869207 20100 200000 SH DEFINED 0105 200000
NEW JERSEY RESOURCES COM 646025106 3300 150000 SH DEFINED 0128 150000
NEW JERSEY RESOURCES COM 646025106 6600 300000 SH DEFINED 0132 300000
NEW JERSEY RESOURCES COM 646025106 2200 100000 SH DEFINED 0107 100000
NEW JERSEY RESOURCES COM 646025106 1100 50000 SH DEFINED 01 35000 15000
NEW YORK ST EL & GAS COM 649840105 13656 575000 SH DEFINED 0113 575000
NEW YORK ST EL & GAS COM 649840105 4750 200000 SH DEFINED 0132 200000
NEW YORK TIMES CLA COM 650111107 26 1100 SH DEFINED 0102 1100
<PAGE> PAGE 50
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NEW YORK TIMES CLA COM 650111107 5969 250000 SH DEFINED 0131 250000
NEW YORK TIMES CLA COM 650111107 459 19226 SH DEFINED 0103 15800 3426
NEW BRIDGE NETWORKS COM 650901101 3953 115000 SH DEFINED 0106 115000
NEW BRIDGE NETWORKS COM 650901101 4813 140000 SH DEFINED 011614 140000
NEWELL CO COM 651192106 5319 115000 SH DEFINED 011516 115000
NEWELL CO COM 651192106 116 2511 SH DEFINED 0103 2511
NEWMONT GOLD CORP COM 651637100 827 21200 SH DEFINED 0110 21200
NEWMONT GOLD CORP COM 651637100 780 20000 SH DEFINED 0127 20000
NEWMONT MINING COM 651639106 115 2849 SH DEFINED 0103 2849
NEWS CORP LTD ADR COM 652487703 38600 800000 SH DEFINED 0126 800000
NEWS CORP LTD ADR COM 652487703 3378 70000 SH DEFINED 011622 70000
NEWS CORP LTD ADR COM 652487703 7720 160000 SH DEFINED 011623 160000
NEWS CORP LTD ADR COM 652487703 8203 170000 SH DEFINED 011618 170000
NEWS CORP LTD ADR COM 652487703 648 13444 SH DEFINED 0102 13444
NEWS CORP LTD ADR COM 652487703 12207 253000 SH DEFINED 01 253000
NIAGARA MOHAWK $25 PREFERRED STOCK 65352E9A6 1596 63000 SH DEFINED 0105 63000
NIAGARA MOHAWK POWER COM 653522102 69 4581 SH DEFINED 0103 4581
NIAGARA MOHAWK POWER PREFERRED STOCK 653522821 3409 126243 SH DEFINED 0105 126243
NIAGARA MOHAWK $25 B PREFERRED STOCK 653522847 7203 288113 SH DEFINED 0105 288113
NICOR COM 654086107 4616 175000 SH DEFINED 0132 175000
NICOR COM 654086107 49 1846 SH DEFINED 0103 1846
NIKE INC CL B COM 654106103 48 800 SH DEFINED 0125 800
NIKE INC CL B COM 654106103 6 100 SH DEFINED 0102 100
NIKE INC CL B COM 654106103 167 2800 SH DEFINED 0103 2800
NISSAN ADR COM 654744408 221 12895 SH DEFINED 01 12895
NOISE CANCELLATION COM 655279107 963 700000 SH DEFINED 011614 700000
NORAM ENERGY CORP COM 655419109 30713 5118820 SH DEFINED 0103 5118820
NORDSON CORP COM 655663102 16463 300000 SH DEFINED 011516 300000
NORDSTROM INC COM 655664100 12750 300000 SH DEFINED 0111 300000
NORDSTROM INC COM 655664100 8500 200000 SH DEFINED 0124 200000
NORDSTROM INC COM 655664100 3400 80000 SH DEFINED 011622 80000
NORDSTROM INC COM 655664100 7480 176000 SH DEFINED 011623 176000
NORDSTROM INC COM 655664100 116 2721 SH DEFINED 0103 2721
NORDSTROM INC COM 655664100 1275 30000 SH DEFINED 01 30000
NORFOLK SOUTHERN CO COM 655844108 22050 350000 SH DEFINED 0113 350000
NORFOLK SOUTHERN CO COM 655844108 1928 30600 SH DEFINED 0125 30600
NORFOLK SOUTHERN CO COM 655844108 10080 160000 SH DEFINED 011618 160000
NORFOLK SOUTHERN CO COM 655844108 2419 38400 SH DEFINED 0102 38400
NORFOLK SOUTHERN CO COM 655844108 11025 175000 SH DEFINED 0131 175000
NORFOLK SOUTHERN CO COM 655844108 1592 25272 SH DEFINED 0103 25272
NORFOLK SOUTHERN CO COM 655844108 1947 30900 SH DEFINED 01 30900
NORTH AMERICAN MTG C COM 657037107 16800 700000 SH DEFINED 011516 700000
NORTHEAST UTILITIES COM 664397106 6525 300000 SH DEFINED 0132 300000
NORTHRN ST PWR CO MN COM 665772109 12338 300000 SH DEFINED 0132 300000
NORTHRN ST PWR CO MN COM 665772109 1460 35500 SH DEFINED 0125 35500
NORTHRN ST PWR CO MN COM 665772109 152 3700 SH DEFINED 0102 3700
NORTHRN ST PWR CO MN COM 665772109 702 17079 SH DEFINED 0103 17079
NORTHRN TELECOM COM 665815106 6906 250000 SH DEFINED 0130 250000
NORTHRN TELECOM COM 665815106 5525 200000 SH DEFINED 0132 200000
NORTHRN TELECOM COM 665815106 649 23500 SH DEFINED 0125 23500
<PAGE> PAGE 51
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NORTHRN TELECOM COM 665815106 8288 300000 SH DEFINED 011618 300000
NORTHRN TELECOM COM 665815106 91 3300 SH DEFINED 0102 3300
NORTHRN TELECOM COM 665815106 499 18074 SH DEFINED 0103 18074
NORTHERN TRUST CORP COM 665859104 9281 225000 SH DEFINED 0108 225000
NORTHERN TRUST CORP COM 665859104 45375 1100000 SH DEFINED 011516 1100000
NORTHROP GRUMMAN COR COM 666807102 24131 650000 SH DEFINED 0130 650000
NORTHROP GRUMMAN COR COM 666807102 4641 125000 SH DEFINED 0128 125000
NORTHROP GRUMMAN COR COM 666807102 119 3200 SH DEFINED 0125 3200
NORTHROP GRUMMAN COR COM 666807102 2784 75000 SH DEFINED 0107 75000
NORTHROP GRUMMAN COR COM 666807102 11138 300000 SH DEFINED 011516 300000
NORTHROP GRUMMAN COR COM 666807102 12994 350000 SH DEFINED 011618 350000
NORTHROP GRUMMAN COR COM 666807102 15 400 SH DEFINED 0102 400
NORTHROP GRUMMAN COR COM 666807102 105 2833 SH DEFINED 0103 2833
NORTHROP GRUMMAN COR COM 666807102 6682 180000 SH DEFINED 01 180000
NWA COM 667280101 4313 300000 SH DEFINED 011516 300000
NORTON MCNAUGHTON COM 668685100 7088 350000 SH DEFINED 011516 350000
NORWEST CORP COM 669380107 252 9640 SH DEFINED 0103 9640
NOVELL INC COM 670006105 8375 500000 SH DEFINED 0124 500000
NOVELL INC COM 670006105 74 4400 SH DEFINED 0102 4400
NOVELL INC COM 670006105 166 9930 SH DEFINED 0103 9930
NUCOR CORP COM 670346105 16098 235000 SH DEFINED 0108 235000
NUCOR CORP COM 670346105 33565 490000 SH DEFINED 0126 490000
NUCOR CORP COM 670346105 27400 400000 SH DEFINED 0111 400000
NUCOR CORP COM 670346105 1349 19700 SH DEFINED 0125 19700
NUCOR CORP COM 670346105 4453 65000 SH DEFINED 011622 65000
NUCOR CORP COM 670346105 9727 142000 SH DEFINED 011623 142000
NUCOR CORP COM 670346105 6850 100000 SH DEFINED 011618 100000
NUCOR CORP COM 670346105 85017 1241078 SH DEFINED 0102 450450 790628
NUCOR CORP COM 670346105 3466 50584 SH DEFINED 0103 39450 11134
NUCOR CORP COM 670346105 6199 90500 SH DEFINED 01 90500
NYNEX COM 670768100 515 13608 SH DEFINED 0103 13608
OASIS COM 674216106 2005 81000 SH DEFINED 011618 81000
OCCIDENTAL PETROLEUM COM 674599105 24538 1300000 SH DEFINED 0130 1300000
OCCIDENTAL PETROLEUM COM 674599105 18875 1000000 SH DEFINED 0113 1000000
OCCIDENTAL PETROLEUM COM 674599105 1049 55600 SH DEFINED 0110 55600
OCCIDENTAL PETROLEUM COM 674599105 20763 1100000 SH DEFINED 0124 1100000
OCCIDENTAL PETROLEUM COM 674599105 883 46800 SH DEFINED 0125 46800
OCCIDENTAL PETROLEUM COM 674599105 4719 250000 SH DEFINED 0107 250000
OCCIDENTAL PETROLEUM COM 674599105 125 6600 SH DEFINED 0102 6600
OCCIDENTAL PETROLEUM COM 674599105 10853 575000 SH DEFINED 0131 575000
OCCIDENTAL PETROLEUM COM 674599105 1020 54015 SH DEFINED 0103 54015
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 2009 41000 SH DEFINED 0129 41000
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 2695 55000 SH DEFINED 0104 55000
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 1617 33000 SH DEFINED 0109 33000
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 1519 31000 SH DEFINED 011621 31000
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 686 14000 SH DEFINED 0131 14000
OCEANEERING INT'L COM 675232102 4900 350000 SH DEFINED 0108 350000
OCTUS INC COM 675742209 203 65000 SH DEFINED 0106 65000
OCTUS INC COM 675742209 109 35000 SH DEFINED 011614 35000
OFFICE DEPOT INC COM 676220106 30000 1500000 SH DEFINED 0126 1500000
<PAGE> PAGE 52
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
OFFICE DEPOT INC COM 676220106 12000 600000 SH DEFINED 0111 600000
OFFICE DEPOT INC COM 676220106 15000 750000 SH DEFINED 0124 750000
OFFICE DEPOT INC COM 676220106 3000 150000 SH DEFINED 011622 150000
OFFICE DEPOT INC COM 676220106 6600 330000 SH DEFINED 011623 330000
OFFICE DEPOT INC COM 676220106 2300 115000 SH DEFINED 011516 115000
OFFICE DEPOT INC COM 676220106 465 23208 SH DEFINED 0102 23208
OFFICE DEPOT INC COM 676220106 2703 135150 SH DEFINED 0131 135150
OFFICE DEPOT INC COM 676220106 4685 234237 SH DEFINED 0103 7650 226587
OGDEN CORP COM 676346109 31 1416 SH DEFINED 0103 1416
OHIO CASUALTY CORP COM 677240103 11953 425000 SH DEFINED 0113 425000
OHIO EDISON COM 677347106 90 5009 SH DEFINED 0103 5009
OLIN COM 680665205 19993 371100 SH DEFINED 0113 371100
OLSTEN CORP COM 681385100 22400 700000 SH DEFINED 0126 700000
OLSTEN CORP COM 681385100 19200 600000 SH DEFINED 0111 600000
OLSTEN CORP COM 681385100 10560 330000 SH DEFINED 011618 330000
OLSTEN CORP COM 681385100 5607 175200 SH DEFINED 0102 175200
OLSTEN CORP COM 681385100 307 9600 SH DEFINED 0103 9600
OMEGA HEALTH CARE COM 681936100 7463 300000 SH DEFINED 0113 300000
OMEGA HEALTH CARE COM 681936100 3731 150000 SH DEFINED 0132 150000
OMEGA HEALTH CARE COM 681936100 3731 150000 SH DEFINED 0107 150000
ONEOK INC COM 682678107 15 871 SH DEFINED 0103 871
ORACLE SYSTEMS CORP COM 68389X105 61875 1650000 SH DEFINED 0126 1650000
ORACLE SYSTEMS CORP COM 68389X105 12188 325000 SH DEFINED 0106 325000
ORACLE SYSTEMS CORP COM 68389X105 22500 600000 SH DEFINED 0111 600000
ORACLE SYSTEMS CORP COM 68389X105 263 7000 SH DEFINED 0125 7000
ORACLE SYSTEMS CORP COM 68389X105 5625 150000 SH DEFINED 011622 150000
ORACLE SYSTEMS CORP COM 68389X105 12600 336000 SH DEFINED 011623 336000
ORACLE SYSTEMS CORP COM 68389X105 9375 250000 SH DEFINED 011618 250000
ORACLE SYSTEMS CORP COM 68389X105 16125 430000 SH DEFINED 011614 430000
ORACLE SYSTEMS CORP COM 68389X105 1160 30928 SH DEFINED 0102 30928
ORACLE SYSTEMS CORP COM 68389X105 16875 450000 SH DEFINED 0131 450000
ORACLE SYSTEMS CORP COM 68389X105 1081 28819 SH DEFINED 0103 16600 12219
ORANGE ROCKLAND$100 PREFERRED STOCK 6848679A4 2686 26171 SH DEFINED 0105 26171
ORYX ENERGY CO COM 68763F100 47 3160 SH DEFINED 0103 3160
OSHKOSH B-GOSH CLA COM 688222207 8 539 SH DEFINED 0103 539
OUTBACK STEAKHOUSE COM 689899102 3257 135000 SH DEFINED 0106 135000
OUTBACK STEAKHOUSE COM 689899102 3378 140000 SH DEFINED 011614 140000
OUTBACK STEAKHOUSE COM 689899102 9738 403650 SH DEFINED 0102 403650
OUTBACK STEAKHOUSE COM 689899102 179 7400 SH DEFINED 0103 7400
OUTBOARD MARINE COM 690020102 13 653 SH DEFINED 0103 653
OWENS CORNIG FIB NEW COM 690734207 44 1415 SH DEFINED 0103 1415
OXFORD HEALTH COM 691471106 801 18000 SH DEFINED 011619 18000
OXFORD HEALTH COM 691471106 2025 45500 SH DEFINED 0102 45500
OXFORD HEALTH COM 691471106 40 900 SH DEFINED 0103 900
PECO ENERGY COM 693304107 11 400 SH DEFINED 0102 400
PECO ENERGY COM 693304107 192 7294 SH DEFINED 0103 7294
PLC SYSTEMS COM 69341D104 984 250000 SH DEFINED 0106 250000
PLC SYSTEMS COM 69341D104 591 150000 SH DEFINED 011614 150000
PNC FINL CORP COM 693475105 25988 900000 SH DEFINED 0130 900000
PNC FINL CORP COM 693475105 21656 750000 SH DEFINED 0113 750000
<PAGE> PAGE 53
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PNC FINL CORP COM 693475105 5053 175000 SH DEFINED 0106 175000
PNC FINL CORP COM 693475105 61 2100 SH DEFINED 0125 2100
PNC FINL CORP COM 693475105 2888 100000 SH DEFINED 0107 100000
PNC FINL CORP COM 693475105 6208 215000 SH DEFINED 011614 215000
PNC FINL CORP COM 693475105 711 24543 SH DEFINED 0102 24543
PNC FINL CORP COM 693475105 16650 576600 SH DEFINED 0131 576600
PNC FINL CORP COM 693475105 1110 38430 SH DEFINED 0103 13500 24930
PPG INDUSTRIES INC COM 693506107 254 6772 SH DEFINED 0103 6772
PG PARTNERS WARRANTS COM 693625998 2757 42418 SH DEFINED 0109 42418
PSI ENERGY 7.15 PFD PREFERRED STOCK 693627507 708 8000 SH DEFINED 0116 8000
PSI RESOURCES INC COM 693632101 37 1753 SH DEFINED 0103 1753
PACCAR INC COM 693718108 96 2070 SH DEFINED 0102 2070
PACCAR INC COM 693718108 62 1339 SH DEFINED 0103 1339
PACIFIC ENTERPRISES COM 694232109 471 23700 SH DEFINED 0125 23700
PACIFIC ENTERPRISES COM 694232109 66 3300 SH DEFINED 0102 3300
PACIFIC ENTERPRISES COM 694232109 251 12626 SH DEFINED 0103 12626
PACIFIC GAS & ELEC COM 694308107 143 6050 SH DEFINED 0102 6050
PACIFIC GAS & ELEC COM 694308107 336 14166 SH DEFINED 0103 14166
PACIFIC GAS & ELEC PREFERRED STOCK 694308693 12534 525000 SH DEFINED 0105 525000
PACIFIC TELESIS COM 694890104 23156 750000 SH DEFINED 0130 750000
PACIFIC TELESIS COM 694890104 23156 750000 SH DEFINED 0113 750000
PACIFIC TELESIS COM 694890104 12350 400000 SH DEFINED 0132 400000
PACIFIC TELESIS COM 694890104 994 32200 SH DEFINED 0125 32200
PACIFIC TELESIS COM 694890104 2316 75000 SH DEFINED 0107 75000
PACIFIC TELESIS COM 694890104 11424 370000 SH DEFINED 011618 370000
PACIFIC TELESIS COM 694890104 18618 603195 SH DEFINED 0102 255650 347545
PACIFIC TELESIS COM 694890104 6947 225000 SH DEFINED 0131 225000
PACIFIC TELESIS COM 694890104 1169 37881 SH DEFINED 0103 37881
PACIFIC TELESIS COM 694890104 4014 130000 SH DEFINED 01 130000
PACIFICARE HEALTHCLB COM 695110205 10290 210000 SH DEFINED 011618 210000
PACIFICORP COM 695114108 6750 400000 SH DEFINED 0132 400000
PACIFICORP COM 695114108 149 8855 SH DEFINED 0103 8855
PACIFICORP $100 PAR PREFERRED STOCK 695114678 15750 150000 SH DEFINED 0105 150000
PACIFICORP $100 PAR PREFERRED STOCK 695114678 9083 86500 SH DEFINED 0116 86500
PACIFICORP $100 PAR PREFERRED STOCK 695114678 1050 10000 SH DEFINED 0116 10000
PAINEWEBBER MASTER COM 695910885 1 122 SH DEFINED 01 122
PALL CORP COM 696429307 7500 500000 SH DEFINED 0108 500000
PALL CORP COM 696429307 59 3910 SH DEFINED 0103 3910
PANHANDLE EASTERN COM 698462108 75 3821 SH DEFINED 0103 3821
PARAMETRIC TECH CORP COM 699173100 7919 350000 SH DEFINED 0108 350000
PARAMETRIC TECH CORP COM 699173100 18100 800000 SH DEFINED 0126 800000
PARAMETRIC TECH CORP COM 699173100 6335 280000 SH DEFINED 0106 280000
PARAMETRIC TECH CORP COM 699173100 1131 50000 SH DEFINED 011619 50000
PARAMETRIC TECH CORP COM 699173100 7693 340000 SH DEFINED 011614 340000
PARAMETRIC TECH CORP COM 699173100 20827 920500 SH DEFINED 0102 920500
PARAMETRIC TECH CORP COM 699173100 7240 320000 SH DEFINED 0131 320000
PARAMETRIC TECH CORP COM 699173100 1041 46000 SH DEFINED 0103 46000
PARAMOUNT COMMUNICAT COM 699216107 15113 325000 SH DEFINED 011516 325000
PARAMOUNT COMMUNICAT COM 699216107 4650 100000 SH DEFINED 011618 100000
PARK PLACE COM 699421103 7000 400000 SH DEFINED 011516 400000
<PAGE> PAGE 54
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PARK PLACE COM 699421103 1750 100000 SH DEFINED 011620 100000
PARK&PAR PT 144A $50 CONV PFD STOCK 701013203 17103 325000 SH DEFINED 0130 325000
PARK&PAR PT 144A $50 CONV PFD STOCK 701013203 4999 95000 SH DEFINED 0107 95000
PARKER-HANNIFIN COM 701094104 69 1630 SH DEFINED 0103 1630
PAYCHEX INC COM 704326107 3949 135000 SH DEFINED 0106 135000
PAYCHEX INC COM 704326107 4973 170000 SH DEFINED 011614 170000
PAYCHEX INC COM 704326107 12478 426575 SH DEFINED 0102 426575
PAYCHEX INC COM 704326107 1755 60000 SH DEFINED 0131 60000
PAYCHEX INC COM 704326107 801 27400 SH DEFINED 0103 27400
PENNEY J C COM 708160106 54250 1000000 SH DEFINED 0126 1000000
PENNEY J C COM 708160106 5425 100000 SH DEFINED 0107 100000
PENNEY J C COM 708160106 3798 70000 SH DEFINED 011622 70000
PENNEY J C COM 708160106 8572 158000 SH DEFINED 011623 158000
PENNEY J C COM 708160106 10308 190000 SH DEFINED 011618 190000
PENNEY J C COM 708160106 419 7732 SH DEFINED 0103 7732
PENN GAS & WTR $100 PREFERRED STOCK 708747PP9 4055 40000 SH DEFINED 0105 40000
PENNZOIL COM 709903108 5125 100000 SH DEFINED 0107 100000
PENNZOIL COM 709903108 73 1425 SH DEFINED 0103 1425
PEOPLES ENERGY CORP COM 711030106 1169 50000 SH DEFINED 0132 50000
PEOPLES ENERGY CORP COM 711030106 26 1093 SH DEFINED 0103 1093
PEP BOYS MANNY MOE & COM 713278109 14231 450000 SH DEFINED 0108 450000
PEP BOYS MANNY MOE & COM 713278109 11069 350000 SH DEFINED 0126 350000
PEP BOYS MANNY MOE & COM 713278109 76 2400 SH DEFINED 0102 2400
PEP BOYS MANNY MOE & COM 713278109 3321 105000 SH DEFINED 0131 105000
PEP BOYS MANNY MOE & COM 713278109 1251 39563 SH DEFINED 0103 37600 1963
PEPSICO COM 713448108 15313 500000 SH DEFINED 0124 500000
PEPSICO COM 713448108 5053 165000 SH DEFINED 0125 165000
PEPSICO COM 713448108 7577 247344 SH DEFINED 0102 247344
PEPSICO COM 713448108 2930 95667 SH DEFINED 0103 95667
PEPSICO COM 713448108 16231 530000 SH DEFINED 01 530000
PERFORMANCE FOOD COM 713755106 2025 90000 SH DEFINED 0106 90000
PERFORMANCE FOOD COM 713755106 2835 126000 SH DEFINED 011614 126000
PERKIN ELMER COM 714041100 41 1418 SH DEFINED 0103 1418
PET INC COM 715825105 4470 240000 SH DEFINED 011516 240000
PET INC COM 715825105 65 3473 SH DEFINED 0103 3473
PETROLEUM GEO SERV COM 716597109 11800 800000 SH DEFINED 011516 800000
PETROLEUM GEO SERV COM 716597109 1033 70000 SH DEFINED 011619 70000
PETSMART COM 716768106 4096 145000 SH DEFINED 0106 145000
PETSMART COM 716768106 848 30000 SH DEFINED 011619 30000
PETSMART COM 716768106 5509 195000 SH DEFINED 011614 195000
PETSMART COM 716768106 8026 284100 SH DEFINED 0102 284100
PETSMART COM 716768106 144 5100 SH DEFINED 0103 5100
PFIZER COM 717081103 23672 375000 SH DEFINED 0130 375000
PFIZER COM 717081103 6313 100000 SH DEFINED 0111 100000
PFIZER COM 717081103 31563 500000 SH DEFINED 0124 500000
PFIZER COM 717081103 3920 62100 SH DEFINED 0125 62100
PFIZER COM 717081103 15150 240000 SH DEFINED 011516 240000
PFIZER COM 717081103 6313 100000 SH DEFINED 011618 100000
PFIZER COM 717081103 58488 926488 SH DEFINED 0102 252650 673838
PFIZER COM 717081103 17234 273000 SH DEFINED 0131 273000
<PAGE> PAGE 55
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PFIZER COM 717081103 2812 44548 SH DEFINED 0103 44548
PFIZER COM 717081103 391 6200 SH DEFINED 01 6200
PHARMAVIT GDR COM 71713R109 1940 160000 SH DEFINED 0124 160000
PHELPS DODGE COM 717265102 34 600 SH DEFINED 0125 600
PHELPS DODGE COM 717265102 5700 100000 SH DEFINED 0107 100000
PHELPS DODGE COM 717265102 8550 150000 SH DEFINED 011618 150000
PHELPS DODGE COM 717265102 117884 2068012 SH DEFINED 0102 788475 1279537
PHELPS DODGE COM 717265102 2764 48488 SH DEFINED 0103 46000 2488
PHELPS DODGE COM 717265102 4617 81000 SH DEFINED 01 81000
PHILIP MORRIS COM 718154107 20600 400000 SH DEFINED 0113 400000
PHILIP MORRIS COM 718154107 37595 730000 SH DEFINED 011516 730000
PHILIP MORRIS COM 718154107 1474 28620 SH DEFINED 0103 28620
PHILIP MORRIS COM 718154107 6082 118100 SH DEFINED 01 70000 48100
PHILIPPINE LD144A$25 CONV PFD STOCK 718252505 2380 70000 SH DEFINED 0132 70000
PHILLIPS PETROLEUM COM 718507106 647 20700 SH DEFINED 0125 20700
PHILLIPS PETROLEUM COM 718507106 91 2900 SH DEFINED 0102 2900
PHILLIPS PETROLEUM COM 718507106 544 17402 SH DEFINED 0103 17402
PHILLIPS PETROLEUM COM 718507106 1094 35000 SH DEFINED 01 35000
PHILLIPS-VAN HEUSEN COM 718592108 4020 160000 SH DEFINED 0106 160000
PHILLIPS-VAN HEUSEN COM 718592108 5025 200000 SH DEFINED 011614 200000
PHILLIPS-VAN HEUSEN COM 718592108 9234 367500 SH DEFINED 0102 367500
PHILLIPS-VAN HEUSEN COM 718592108 6281 250000 SH DEFINED 0131 250000
PHILLIPS-VAN HEUSEN COM 718592108 171 6800 SH DEFINED 0103 6800
PHYCOR COM 71940F100 5695 170000 SH DEFINED 0106 170000
PHYCOR COM 71940F100 8375 250000 SH DEFINED 011516 250000
PHYCOR COM 71940F100 1173 35000 SH DEFINED 011619 35000
PHYCOR COM 71940F100 6030 180000 SH DEFINED 011614 180000
PHYCOR COM 71940F100 14038 419000 SH DEFINED 0102 419000
PHYCOR COM 71940F100 224 6700 SH DEFINED 0103 6700
PHYSICIAN CORP AMERI COM 71940P108 9563 425000 SH DEFINED 0130 425000
PHYSICIAN CORP AMERI COM 71940P108 1463 65000 SH DEFINED 011620 65000
PHYSICIAN CORP AMERI COM 71940P108 2970 132000 SH DEFINED 01 132000
PHYSICIANS CLINIC CONV BOND 71940RAA2 2453 2500000 PRN DEFINED 0107 2500000
PIEDMONT BANKGROUP I COM 720126101 120 5780 SH DEFINED 0102 1405 4375
PIONEER HI-BRED COM 723686101 11463 350000 SH DEFINED 011516 350000
PIONEER HI-BRED COM 723686101 102 3127 SH DEFINED 0103 3127
PITNEY BOWES COM 724479100 23906 625000 SH DEFINED 0130 625000
PITNEY BOWES COM 724479100 22950 600000 SH DEFINED 0124 600000
PITNEY BOWES COM 724479100 2685 70200 SH DEFINED 0125 70200
PITNEY BOWES COM 724479100 28688 750000 SH DEFINED 011516 750000
PITNEY BOWES COM 724479100 13005 340000 SH DEFINED 011618 340000
PITNEY BOWES COM 724479100 9605 251100 SH DEFINED 0102 251100
PITNEY BOWES COM 724479100 10710 280000 SH DEFINED 0131 280000
PITNEY BOWES COM 724479100 1802 47124 SH DEFINED 0103 47124
PITNEY BOWES COM 724479100 14058 367500 SH DEFINED 01 367500
PITTSTON SERVICES GP COM 725701106 46392 1734283 SH DEFINED 0103 1733071 1212
PITTSTON MINERALS GP COM 725701205 7013 364317 SH DEFINED 0103 364317
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 1640 40000 SH DEFINED 0104 40000
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 1025 25000 SH DEFINED 011621 25000
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 410 10000 SH DEFINED 0131 10000
<PAGE> PAGE 56
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PLACER DOME INC COM 725906101 4300 200000 SH DEFINED 0127 200000
PLACER DOME INC COM 725906101 1561 72600 SH DEFINED 0125 72600
PLACER DOME INC COM 725906101 3111 144700 SH DEFINED 0102 144700
PLACER DOME INC COM 725906101 829 38539 SH DEFINED 0103 38539
PLACER DOME INC COM 725906101 80 3700 SH DEFINED 01 3700
PLANTRONICS COM 727493108 1233 72000 SH DEFINED 0109 72000
POLAROID COM 731095105 49 1525 SH DEFINED 0103 1525
POST PROPERTIES COM 737464107 2510 80000 SH DEFINED 011618 80000
POTLATCH CORP COM 737628107 19250 500000 SH DEFINED 0113 500000
POTLATCH CORP COM 737628107 10241 266000 SH DEFINED 0131 266000
POTLATCH CORP COM 737628107 488 12678 SH DEFINED 0103 12678
POWERSOFT COM 73935T103 1892 39000 SH DEFINED 0106 39000
POWERSOFT COM 73935T103 2347 48400 SH DEFINED 011614 48400
POWERSOFT COM 73935T103 8271 170500 SH DEFINED 0102 170500
POWERSOFT COM 73935T103 1620 33400 SH DEFINED 0131 33400
POWERSOFT COM 73935T103 247 5100 SH DEFINED 0103 5100
PRAXAIR COM 74005P104 83 4260 SH DEFINED 0103 4260
PREMARK INTL INC COM 740459102 82 1085 SH DEFINED 0103 1085
PREMIER BANCORP COM 740900105 1821 103300 SH DEFINED 0106 103300
PREMIER BANCORP COM 740900105 293 16600 SH DEFINED 011619 16600
PREMIER BANCORP COM 740900105 2210 125400 SH DEFINED 011614 125400
PREMIER BANCORP COM 740900105 3511 199200 SH DEFINED 0102 199200
PREMIER BANCORP COM 740900105 62 3500 SH DEFINED 0103 3500
PRICE COSTCO COM 74143W102 2614 175000 SH DEFINED 0106 175000
PRICE COSTCO COM 74143W102 2988 200000 SH DEFINED 011614 200000
PRICE COSTCO COM 74143W102 3884 260000 SH DEFINED 0131 260000
PRICE COSTCO COM 74143W102 106 7084 SH DEFINED 0103 7084
PRICE COSTCO COM 74143W102 448 30000 SH DEFINED 01 30000
PRICE CLUB REIT COM 74147T105 3260 94500 SH DEFINED 0132 94500
PROCTER & GAMBLE COM 742718109 9874 185000 SH DEFINED 0108 185000
PROCTER & GAMBLE COM 742718109 4654 87200 SH DEFINED 0125 87200
PROCTER & GAMBLE COM 742718109 8540 160000 SH DEFINED 011618 160000
PROCTER & GAMBLE COM 742718109 177465 3324970 SH DEFINED 0102 1143550 2181420
PROCTER & GAMBLE COM 742718109 7253 135887 SH DEFINED 0103 76730 59157
PROCTER & GAMBLE COM 742718109 16387 307000 SH DEFINED 01 307000
PROCYTE CORP COM 742807100 525 46700 SH DEFINED 0106 46700
PROCYTE CORP COM 742807100 338 30000 SH DEFINED 011619 30000
PROCYTE CORP COM 742807100 479 42600 SH DEFINED 011614 42600
PRODUCTION OPERATORS COM 743080103 3900 150000 SH DEFINED 0128 150000
PROMUS INC COM 74342A109 29625 1000000 SH DEFINED 0126 1000000
PROMUS INC COM 74342A109 2963 100000 SH DEFINED 011622 100000
PROMUS INC COM 74342A109 6666 225000 SH DEFINED 011623 225000
PROMUS INC COM 74342A109 533 18000 SH DEFINED 011619 18000
PROMUS INC COM 74342A109 282 9536 SH DEFINED 0102 9536
PROMUS INC COM 74342A109 100 3373 SH DEFINED 0103 3373
PROMUS INC COM 74342A109 1926 65000 SH DEFINED 01 65000
PROPERTY TR AMER $25 CONV PFD STOCK 743445207 1874 75350 SH DEFINED 0104 75350
PROPERTY TR AMER $25 CONV PFD STOCK 743445207 1312 52745 SH DEFINED 011621 52745
PROPERTY TR AMER $25 CONV PFD STOCK 743445207 562 22605 SH DEFINED 0131 22605
PROVIDENT LIFE & ACC COM 743889305 8925 350000 SH DEFINED 0113 350000
<PAGE> PAGE 57
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PRUDENTIAL UTIL CL A COM 743911208 1 156 SH DEFINED 01 156
PROVIDIAN CORP COM 744061102 19663 650000 SH DEFINED 0113 650000
PROVIDIAN CORP COM 744061102 327 10800 SH DEFINED 0125 10800
PROVIDIAN CORP COM 744061102 45 1500 SH DEFINED 0102 1500
PROVIDIAN CORP COM 744061102 235 7773 SH DEFINED 0103 7773
PUBLIC SERV CO COLO COM 744448101 5225 200000 SH DEFINED 0132 200000
PUB SERV ENTERPRISES COM 744573106 207 7949 SH DEFINED 0103 7949
PULASKI FURNITURE CO COM 745553107 3056 150000 SH DEFINED 0107 150000
PULTE CORP. COM 745867101 20 873 SH DEFINED 0103 873
PURITAN BENNETT COM 746299106 12240 612002 SH DEFINED 0103 612002
PURITY SUPREME WRTS WARRANT 746356997 0 13862 SH DEFINED 0104 13862
PURITY SUPREME WRTS WARRANT 746356997 0 8664 SH DEFINED 011621 8664
PURUS COM 746400100 700 100000 SH DEFINED 0107 100000
PUTNAM HIGH YIELD COM 74678J104 2 176 SH DEFINED 01 176
QVC NETWORK COM 747262103 9500 250000 SH DEFINED 0111 250000
QVC NETWORK COM 747262103 773 20334 SH DEFINED 0102 20334
QUAKER OATS COM 747402105 10481 150000 SH DEFINED 011516 150000
QUAKER OATS COM 747402105 159 2277 SH DEFINED 0103 2277
QUANTUM HEALTH COM 74763L105 11385 360000 SH DEFINED 0126 360000
QUANTUM HEALTH COM 74763L105 2372 75000 SH DEFINED 0106 75000
QUANTUM HEALTH COM 74763L105 1107 35000 SH DEFINED 011619 35000
QUANTUM HEALTH COM 74763L105 2688 85000 SH DEFINED 011614 85000
QUANTUM HEALTH COM 74763L105 15550 491700 SH DEFINED 0102 491700
QUANTUM HEALTH COM 74763L105 272 8600 SH DEFINED 0103 8600
QUORUM HEALTH COM 749084109 2100 120000 SH DEFINED 011618 120000
RFS HOTEL COM 74955J108 3328 187500 SH DEFINED 0128 187500
RFS HOTEL COM 74955J108 1420 80000 SH DEFINED 0106 80000
RFS HOTEL COM 74955J108 3664 206400 SH DEFINED 0107 206400
RFS HOTEL COM 74955J108 3550 200000 SH DEFINED 011516 200000
RFS HOTEL COM 74955J108 1775 100000 SH DEFINED 011618 100000
RFS HOTEL COM 74955J108 1296 73000 SH DEFINED 011619 73000
RFS HOTEL COM 74955J108 1598 90000 SH DEFINED 011620 90000
RFS HOTEL COM 74955J108 1775 100000 SH DEFINED 011614 100000
RJR NABISCO COM 74960K108 9800 1600000 SH DEFINED 011516 1600000
RJR NABISCO CVT CONV PFD STOCK 74960K405 4375 700000 SH DEFINED 0107 700000
RJR NABISCO CVT CONV PFD STOCK 74960K405 12500 2000000 SH DEFINED 011516 2000000
RJR NABISCO CVT CONV PFD STOCK 74960K405 1084 173500 SH DEFINED 01 173500
ROC COMMUNITIES COM 749650107 1958 90000 SH DEFINED 011618 90000
RALSTON PURINA GP COM 751277302 117 3368 SH DEFINED 0103 3368
RAYCHEM COM 754603108 10800 300000 SH DEFINED 0124 300000
RAYCHEM COM 754603108 9169 254670 SH DEFINED 0102 96100 158570
RAYCHEM COM 754603108 765 21215 SH DEFINED 0103 19800 1415
RAYCHEM COM 754603108 3672 102000 SH DEFINED 01 102000
RAYMOND JAMES FIN COM 754730109 4350 300000 SH DEFINED 0111 300000
RE CAPITAL CORP CONV BOND 754904AA8 1880 2000000 PRN DEFINED 0104 2000000
RAYONIER COM 754907103 3609 125000 SH DEFINED 0128 125000
RAYONIER COM 754907103 1083 37500 SH DEFINED 0124 37500
RAYONIER COM 754907103 11247 389500 SH DEFINED 0131 389500
RAYONIER COM 754907103 485 16800 SH DEFINED 0103 16800
RAYONIER COM 754907103 3060 106000 SH DEFINED 01 106000
<PAGE> PAGE 58
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
RAYTHEON COM 755111101 20772 320800 SH DEFINED 0113 320800
RAYTHEON COM 755111101 2700 41700 SH DEFINED 0107 41700
RAYTHEON COM 755111101 9874 152500 SH DEFINED 0131 152500
RAYTHEON COM 755111101 704 10864 SH DEFINED 0103 10864
READ RITE COM 755246105 2704 210000 SH DEFINED 0106 210000
READ RITE COM 755246105 3541 275000 SH DEFINED 011614 275000
READ RITE COM 755246105 5798 450500 SH DEFINED 0102 450500
READ RITE COM 755246105 108 8400 SH DEFINED 0103 8400
READERS DIGEST ASSN COM 755267101 24900 600000 SH DEFINED 0130 600000
READERS DIGEST ASSN COM 755267101 43617 1051000 SH DEFINED 011516 1051000
READING & BATES $25 CONV PFD STOCK 755281888 2600 100000 SH DEFINED 0107 100000
REAL ESTATE INVEST-C COM 755895109 4219 250000 SH DEFINED 0107 250000
REEBOK INTERNATIONAL COM 758110100 84 2824 SH DEFINED 0103 2824
REGENCY HEALTH SVCS COM 758934103 1696 115000 SH DEFINED 0106 115000
REGENCY HEALTH SVCS COM 758934103 5900 400000 SH DEFINED 011516 400000
REGENCY HEALTH SVCS COM 758934103 1844 125000 SH DEFINED 011614 125000
REGIONAL ACCEPTANCE COM 758935100 352 21000 SH DEFINED 0106 21000
REGIONAL ACCEPTANCE COM 758935100 1173 70000 SH DEFINED 011619 70000
REGENCY REALTY COM 758939102 3041 175000 SH DEFINED 0132 175000
RELIANC IND GDR EURO COM 759458995 8700 400000 SH DEFINED 01 400000
RELIANCE GP HDS WRTS WARRANT 759464118 833 277791 SH DEFINED 0109 277791
RENAL TREATMENT CTR COM 759671100 1360 80000 SH DEFINED 011619 80000
REPSOL S.A. ADR COM 76026T205 20038 700000 SH DEFINED 0130 700000
REPSOL S.A. ADR COM 76026T205 14313 500000 SH DEFINED 0124 500000
REPSOL S.A. ADR COM 76026T205 9790 342000 SH DEFINED 0131 342000
REPSOL S.A. ADR COM 76026T205 429 15000 SH DEFINED 0103 15000
REPUBLIC NY COM 760719104 20756 450000 SH DEFINED 0113 450000
REUTERS HLDS PLC ADR COM 761324201 3120 80000 SH DEFINED 01 80000
REYNOLDS & REYNOLDS COM 761695105 41163 1780000 SH DEFINED 0126 1780000
REYNOLDS & REYNOLDS COM 761695105 11563 500000 SH DEFINED 011516 500000
REYNOLDS METALS COM 761763101 9600 200000 SH DEFINED 0124 200000
REYNOLDS METALS COM 761763101 11376 237000 SH DEFINED 0131 237000
REYNOLDS METALS COM 761763101 593 12360 SH DEFINED 0103 12360
REYNOLDS METALS COM 761763101 2160 45000 SH DEFINED 01 45000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 14963 300000 SH DEFINED 0113 300000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 1945 39000 SH DEFINED 0107 39000
RHONE POULENC RORER COM 76242T104 35767 1172699 SH DEFINED 0103 1172699
RIO HOTEL & CASINO I COM 767147101 2795 215000 SH DEFINED 0106 215000
RIO HOTEL & CASINO I COM 767147101 2860 220000 SH DEFINED 011614 220000
RIO HOTEL & CASINO I COM 767147101 9465 728100 SH DEFINED 0102 728100
RIO HOTEL & CASINO I COM 767147101 178 13700 SH DEFINED 0103 13700
RITE AID COM 767754104 19916 983500 SH DEFINED 0113 983500
RITE AID COM 767754104 6683 330000 SH DEFINED 0128 330000
RITE AID COM 767754104 4050 200000 SH DEFINED 0107 200000
RITE AID COM 767754104 10125 500000 SH DEFINED 0131 500000
RITE AID COM 767754104 525 25930 SH DEFINED 0103 25930
RIVERWOOD INT'L CVT CONV BOND 769507AC8 2822 2500000 PRN DEFINED 0104 2500000
RIVERWOOD INT'L CVT CONV BOND 769507AC8 1693 1500000 PRN DEFINED 011621 1500000
RIVERWOOD INT'L CVT CONV BOND 769507AC8 1129 1000000 PRN DEFINED 0131 1000000
RIVERWOOD INTL COM 769507104 595 36035 SH DEFINED 0103 36035
<PAGE> PAGE 59
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ROADWAY SERVICES COM 769748104 4725 75000 SH DEFINED 0108 75000
ROADWAY SERVICES COM 769748104 18900 300000 SH DEFINED 0126 300000
ROADWAY SERVICES COM 769748104 89 1410 SH DEFINED 0103 1410
ROANOKE GAS CO COM 769858101 24 684 SH DEFINED 0102 684
ROBOTIC VISION SERV COM 771074101 880 160000 SH DEFINED 0106 160000
ROCHESTER GAS & ELEC COM 771367109 4350 200000 SH DEFINED 0132 200000
ROCHESTER TELEPHONE COM 771758109 4525 200000 SH DEFINED 0132 200000
ROCHESTER TELEPHONE COM 771758109 4525 200000 SH DEFINED 0107 200000
ROCKWELL INT CORP COM 774347108 269 7195 SH DEFINED 0103 7195
ROGERS COM LY PUT/98 CONV BOND 775109AD3 17250 50000000 PRN DEFINED 0130 50000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 10350 30000000 PRN DEFINED 011516 30000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 8625 25000000 PRN DEFINED 011618 25000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 2070 6000000 PRN DEFINED 0131 6000000
ROHM & HAAS CO COM 775371107 20231 325000 SH DEFINED 0113 325000
ROHM & HAAS CO COM 775371107 9338 150000 SH DEFINED 0124 150000
ROHM & HAAS CO COM 775371107 193 3100 SH DEFINED 0125 3100
ROHM & HAAS CO COM 775371107 9338 150000 SH DEFINED 011618 150000
ROHM & HAAS CO COM 775371107 25 400 SH DEFINED 0102 400
ROHM & HAAS CO COM 775371107 223 3581 SH DEFINED 0103 3581
ROHR INC CVT CONV BOND 775416AD2 2323 2000000 PRN DEFINED 0128 2000000
ROHR INC CVT CONV BOND 775416AD2 2903 2500000 PRN DEFINED 0104 2500000
ROHR INC CVT CONV BOND 775416AD2 7548 6500000 PRN DEFINED 0107 6500000
ROHR INC CVT CONV BOND 775416AD2 2032 1750000 PRN DEFINED 011621 1750000
ROHR INC CVT CONV BOND 775416AD2 871 750000 PRN DEFINED 0131 750000
ROHR INDUSTRIES INC COM 775422108 1104 105100 SH DEFINED 0128 105100
ROLLINS ENVIRON SERV COM 775709108 9 1962 SH DEFINED 0103 1962
ROOS BK A FED SVG BK COM 776493108 1040 65000 SH DEFINED 0106 65000
ROOS BK A FED SVG BK COM 776493108 2160 135000 SH DEFINED 011619 135000
ROOS BK A FED SVG BK COM 776493108 1600 100000 SH DEFINED 011620 100000
ROOS BK A FED SVG BK COM 776493108 1600 100000 SH DEFINED 011614 100000
ROWAN COMPANIES INC COM 779382100 7875 900000 SH DEFINED 0108 900000
ROWAN COMPANIES INC COM 779382100 37 4200 SH DEFINED 0125 4200
ROWAN COMPANIES INC COM 779382100 5 600 SH DEFINED 0102 600
ROWAN COMPANIES INC COM 779382100 39 4425 SH DEFINED 0103 4425
PRICE ROWE INT'L FD COM 77956H203 3 281 SH DEFINED 01 281
ROYAL DUTCH PETE NEW COM 780257705 28772 275000 SH DEFINED 0130 275000
ROYAL DUTCH PETE NEW COM 780257705 68006 650000 SH DEFINED 0126 650000
ROYAL DUTCH PETE NEW COM 780257705 18309 175000 SH DEFINED 0113 175000
ROYAL DUTCH PETE NEW COM 780257705 20925 200000 SH DEFINED 0111 200000
ROYAL DUTCH PETE NEW COM 780257705 7721 73800 SH DEFINED 0125 73800
ROYAL DUTCH PETE NEW COM 780257705 2616 25000 SH DEFINED 011622 25000
ROYAL DUTCH PETE NEW COM 780257705 5964 57000 SH DEFINED 011623 57000
ROYAL DUTCH PETE NEW COM 780257705 25110 240000 SH DEFINED 011618 240000
ROYAL DUTCH PETE NEW COM 780257705 79679 761640 SH DEFINED 0102 238860 522780
ROYAL DUTCH PETE NEW COM 780257705 11509 110000 SH DEFINED 0131 110000
ROYAL DUTCH PETE NEW COM 780257705 7344 70202 SH DEFINED 0103 16500 53702
ROYAL DUTCH PETE NEW COM 780257705 6341 60600 SH DEFINED 01 60600
RUBBERMAID COM 781088109 7875 300000 SH DEFINED 0108 300000
RUBBERMAID COM 781088109 140 5330 SH DEFINED 0103 5330
RUSSELL CORP COM 782352108 41 1410 SH DEFINED 0103 1410
<PAGE> PAGE 60
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
RYANS FAMILY STEAK COM 783519101 5075 700000 SH DEFINED 0128 700000
RYANS FAMILY STEAK COM 783519101 13 1743 SH DEFINED 0103 1743
RYDER SYSTEM COM 783549108 63 2507 SH DEFINED 0103 2507
SCE CORP COM 783882103 189 14701 SH DEFINED 0103 14701
SPX CORP COM 784635104 8 537 SH DEFINED 0103 537
SABER SOFTWARE COM 785162108 3400 425000 SH DEFINED 011516 425000
SAFECO CORP COM 786429100 6953 125000 SH DEFINED 0108 125000
SAFECO CORP COM 786429100 18416 331018 SH DEFINED 0102 129770 201248
SAFECO CORP COM 786429100 115 2069 SH DEFINED 0103 2069
SAFETY-KLEEN COM 786484105 32 1855 SH DEFINED 0103 1855
ST JOHN KNITS INC COM 790289102 5550 200000 SH DEFINED 0111 200000
ST JUDE MEDICAL COM 790849103 53 1624 SH DEFINED 0103 1624
ST PAUL COMPANIES COM 792860108 22069 550000 SH DEFINED 0113 550000
ST PAUL COMPANIES COM 792860108 19 470 SH DEFINED 0102 470
ST PAUL COMPANIES COM 792860108 11235 280000 SH DEFINED 0131 280000
ST PAUL COMPANIES COM 792860108 2677 66737 SH DEFINED 0103 66737
SALOMON INC. COM 79549B107 201 4219 SH DEFINED 0103 4219
SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 2730 80000 SH DEFINED 0107 80000
SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 3413 100000 SH DEFINED 011516 100000
SALOMON ELK 5.00 CONV PFD STOCK 79549B438 3219 37000 SH DEFINED 0107 37000
SBH/AM GEN EQ LKD CONV PFD STOCK 79549B453 3006 65000 SH DEFINED 0128 65000
SBH/AM GEN EQ LKD CONV PFD STOCK 79549B453 5781 125000 SH DEFINED 0107 125000
SBH/AM GEN EQ LKD CONV PFD STOCK 79549B453 9713 210000 SH DEFINED 011516 210000
SBH/DIGITAL EQ EQ LI CONV PFD STOCK 79549B511 1470 60000 SH DEFINED 0107 60000
SAM SUNG ENG COM 79605V104 1803 70000 SH DEFINED 0107 70000
SANMINA CORP COM 800907107 1294 75000 SH DEFINED 0128 75000
SANMINA CORP COM 800907107 949 55000 SH DEFINED 011619 55000
SANMINA CORP COM 800907107 1466 85000 SH DEFINED 011620 85000
SANMINA CORP COM 800907107 3019 175000 SH DEFINED 011614 175000
SANIFILL INC COM 801018102 5934 235000 SH DEFINED 0106 235000
SANIFILL INC COM 801018102 6565 260000 SH DEFINED 011614 260000
SANIFILL INC COM 801018102 10718 424500 SH DEFINED 0102 424500
SANIFILL INC COM 801018102 189 7500 SH DEFINED 0103 7500
SANTA BARB S & L 9% CONV BOND 801380AH9 24 400000 PRN DEFINED 0102 400000
SANTA FE ENERGY RES COM 802012104 28 2941 SH DEFINED 0103 2941
SANTA FE PACIFIC COR COM 802183103 522 25000 SH DEFINED 0127 25000
SANTA FE PACIFIC COR COM 802183103 123 5897 SH DEFINED 0103 5897
SARA LEE CORP COM 803111103 9563 450000 SH DEFINED 011516 450000
SARA LEE CORP COM 803111103 340 15977 SH DEFINED 0103 15977
SAVOY COM 805375102 1174 88600 SH DEFINED 0106 88600
SAVOY COM 805375102 827 62400 SH DEFINED 011614 62400
SAVOY COM 805375102 3403 256800 SH DEFINED 0102 256800
SAVOY COM 805375102 1484 112000 SH DEFINED 0131 112000
SAVOY COM 805375102 62 4700 SH DEFINED 0103 4700
SCANA CORP COM 805898103 4600 107300 SH DEFINED 0132 107300
SCHERING PLOUGH COM 806605101 21438 350000 SH DEFINED 0130 350000
SCHERING PLOUGH COM 806605101 21438 350000 SH DEFINED 0124 350000
SCHERING PLOUGH COM 806605101 6125 100000 SH DEFINED 011618 100000
SCHERING PLOUGH COM 806605101 1 24 SH DEFINED 0102 24
SCHERING PLOUGH COM 806605101 10229 167000 SH DEFINED 0131 167000
<PAGE> PAGE 61
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SCHERING PLOUGH COM 806605101 871 14217 SH DEFINED 0103 14217
SCHLUMBERGER LTD COM 806857108 25128 425000 SH DEFINED 0130 425000
SCHLUMBERGER LTD COM 806857108 686 11600 SH DEFINED 0125 11600
SCHLUMBERGER LTD COM 806857108 243 4100 SH DEFINED 0102 4100
SCHLUMBERGER LTD COM 806857108 760 12853 SH DEFINED 0103 12853
SCHLUMBERGER LTD COM 806857108 3548 60000 SH DEFINED 01 60000
SCHOLASTIC CORP COM 807066105 18875 500000 SH DEFINED 011516 500000
SCHULMAN (A.) INC COM 808194104 9703 375000 SH DEFINED 011516 375000
SCHULMAN (A.) INC COM 808194104 39 1500 SH DEFINED 0102 1500
SCHULMAN (A.) INC COM 808194104 627 24250 SH DEFINED 0103 24250
SCI-MED LIFE SYSTEMS COM 808614101 2990 115000 SH DEFINED 0128 115000
SCI-MED LIFE SYSTEMS COM 808614101 3900 150000 SH DEFINED 0131 150000
SCI-MED LIFE SYSTEMS COM 808614101 179 6900 SH DEFINED 0103 6900
SCIENTIFIC ATLANTA COM 808655104 10313 300000 SH DEFINED 0111 300000
SCIENTIFIC ATLANTA COM 808655104 17188 500000 SH DEFINED 0124 500000
SCIENTIFIC ATLANTA COM 808655104 4469 130000 SH DEFINED 011618 130000
SCIENTIFIC ATLANTA COM 808655104 3502 101900 SH DEFINED 0102 101900
SCIENTIFIC ATLANTA COM 808655104 41 1201 SH DEFINED 0103 1201
SCIENTIFIC ATLANTA COM 808655104 89 2600 SH DEFINED 01 2600
SCOTT PAPER COM 809877103 131 2499 SH DEFINED 0103 2499
SCOTTS CO CLA COM 810186106 2310 140000 SH DEFINED 0128 140000
SCOTTS CO CLA COM 810186106 4290 260000 SH DEFINED 0131 260000
SCOTTS CO CLA COM 810186106 193 11700 SH DEFINED 0103 11700
SEAGATE TECH 144A CONV BOND 811804AB9 2738 3000000 PRN DEFINED 0107 3000000
SEAGRAM LTD COM 811850106 372 12297 SH DEFINED 0103 12297
SEAGULL ENERGY CORP COM 812007102 2846 110000 SH DEFINED 0132 110000
SEARS ROEBUCK & CO COM 812387108 32400 675000 SH DEFINED 0130 675000
SEARS ROEBUCK & CO COM 812387108 147207 3066856 SH DEFINED 0102 1149625 1917231
SEARS ROEBUCK & CO COM 812387108 10560 220000 SH DEFINED 0131 220000
SEARS ROEBUCK & CO COM 812387108 4598 95792 SH DEFINED 0103 75350 20442
SEARS ROEBUCK & CO COM 812387108 20300 422910 SH DEFINED 01 422910
SEARS ROEBUCK PERC CONV PFD STOCK 812387504 16500 300000 SH DEFINED 0130 300000
SEARS ROEBUCK PERC CONV PFD STOCK 812387504 11000 200000 SH DEFINED 011618 200000
SEARS ROEBUCK PERC CONV PFD STOCK 812387504 1375 25000 SH DEFINED 01 25000
SEATRAIN LINES COM 812557205 19 621353 SH DEFINED 0102 621353
2ND GLASTONBURY PROP COM 813200995 0 99 SH DEFINED 0102 99
SENSORMATIC ELECT COM 817265101 23000 800000 SH DEFINED 0126 800000
SENSORMATIC ELECT COM 817265101 3450 120000 SH DEFINED 0106 120000
SENSORMATIC ELECT COM 817265101 8625 300000 SH DEFINED 0111 300000
SENSORMATIC ELECT COM 817265101 4456 155000 SH DEFINED 011614 155000
SENSORMATIC ELECT COM 817265101 13479 468850 SH DEFINED 0102 468850
SENSORMATIC ELECT COM 817265101 6469 225000 SH DEFINED 0131 225000
SENSORMATIC ELECT COM 817265101 204 7100 SH DEFINED 0103 7100
SERVICE CORP INT'L CONV BOND 817565AD6 15480 12000000 PRN DEFINED 011516 12000000
SERVICE CORP INTL COM 817565104 2050 79600 SH DEFINED 0125 79600
SERVICE CORP INTL COM 817565104 12103 470000 SH DEFINED 011516 470000
SERVICE CORP INTL COM 817565104 2490 96700 SH DEFINED 0102 96700
SERVICE CORP INTL COM 817565104 938 36428 SH DEFINED 0103 36428
SERVICE CORP INTL COM 817565104 59 2300 SH DEFINED 01 2300
SERVING SOFTWARE INC COM 817661101 698 90000 SH DEFINED 011619 90000
<PAGE> PAGE 62
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SERVAM CORP WARRANTS WARRANT 817912124 1 60486 SH DEFINED 0109 60486
SERVAM CORP WARRANTS WARRANT 817912132 0 13600 SH DEFINED 0109 13600
SERVAM CORP COMMON COM 817912207 0 6800 SH DEFINED 0109 6800
SHARED MED SYSTEMS COM 819486101 9600 400000 SH DEFINED 011516 400000
SHARED MED SYSTEMS COM 819486101 18 761 SH DEFINED 0103 761
SHAW INDUSTRIES INC COM 820286102 7425 450000 SH DEFINED 0108 450000
SHAW INDUSTRIES INC COM 820286102 9957 603500 SH DEFINED 0102 291300 312200
SHAWMUT NATIONAL COM 820484103 42 1900 SH DEFINED 0125 1900
SHAWMUT NATIONAL COM 820484103 7135 324300 SH DEFINED 0102 324300
SHAWMUT NATIONAL COM 820484103 3091 140500 SH DEFINED 0131 140500
SHAWMUT NATIONAL COM 820484103 272 12357 SH DEFINED 0103 8500 3857
SHAWMUT NATIONAL COM 820484103 191 8700 SH DEFINED 01 8700
SHERWIN WILLIAMS COM 824348106 11813 375000 SH DEFINED 0108 375000
SHERWIN WILLIAMS COM 824348106 9450 300000 SH DEFINED 011516 300000
SHERWIN WILLIAMS COM 824348106 14246 452270 SH DEFINED 0102 206440 245830
SHERWIN WILLIAMS COM 824348106 93 2938 SH DEFINED 0103 2938
SHERWIN WILLIAMS COM 824348106 15341 487000 SH DEFINED 01 487000
SHOPKO STORES COM 824911101 10500 1050000 SH DEFINED 0113 1050000
SHONEYS INC COM 825039100 5338 350000 SH DEFINED 0108 350000
SHONEYS INC COM 825039100 3050 200000 SH DEFINED 0128 200000
SHONEYS INC COM 825039100 724 47500 SH DEFINED 0125 47500
SHONEYS INC COM 825039100 839 55000 SH DEFINED 011619 55000
SHONEYS INC COM 825039100 1525 100000 SH DEFINED 011620 100000
SHONEYS INC COM 825039100 13784 903840 SH DEFINED 0102 351100 552740
SHONEYS INC COM 825039100 583 38209 SH DEFINED 0103 16700 21509
SHONEYS INC COM 825039100 188 12300 SH DEFINED 01 12300
SIGMA-ALDRICH COM 826552101 4000 100000 SH DEFINED 011516 100000
SIGNET BANKING CORP COM 826681108 5047 125000 SH DEFINED 0106 125000
SIGNET BANKING CORP COM 826681108 1211 30000 SH DEFINED 011619 30000
SIGNET BANKING CORP COM 826681108 6662 165000 SH DEFINED 011614 165000
SIGNET BANKING CORP COM 826681108 11480 284333 SH DEFINED 0102 284333
SIGNET BANKING CORP COM 826681108 4667 115600 SH DEFINED 0131 115600
SIGNET BANKING CORP COM 826681108 481 11900 SH DEFINED 0103 11900
SIL GR PT 11/98 144A CONV BOND 827056AB8 2219 5000000 PRN DEFINED 0107 5000000
SIL GR PT 11/98 144A CONV BOND 827056AB8 8875 20000000 PRN DEFINED 011618 20000000
SILICON GRAPHICS INC COM 827056102 17700 800000 SH DEFINED 0126 800000
SILICON GRAPHICS INC COM 827056102 3983 180000 SH DEFINED 0106 180000
SILICON GRAPHICS INC COM 827056102 5199 235000 SH DEFINED 011614 235000
SILICON GRAPHICS INC COM 827056102 18274 825900 SH DEFINED 0102 825900
SILICON GRAPHICS INC COM 827056102 3319 150000 SH DEFINED 0131 150000
SILICON GRAPHICS INC COM 827056102 460 20800 SH DEFINED 0103 20800
SIMON PROP COM 828805101 14644 550000 SH DEFINED 0113 550000
SIMON PROP COM 828805101 2663 100000 SH DEFINED 0132 100000
SIMON PROP COM 828805101 2663 100000 SH DEFINED 0107 100000
SIMPSON INDUSTRIES COM 829060102 3600 200000 SH DEFINED 0107 200000
SINGER CO COM 82930F109 12250 350000 SH DEFINED 0124 350000
SINGER CO COM 82930F109 10325 295000 SH DEFINED 011618 295000
SINGER CO COM 82930F109 3351 95740 SH DEFINED 01 95740
SIZELER PROPERTY INV COM 830137105 4463 350000 SH DEFINED 0130 350000
SIZELER PROPERTY INV COM 830137105 3506 275000 SH DEFINED 0132 275000
<PAGE> PAGE 63
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SIZELER PROPERTY INV COM 830137105 3188 250000 SH DEFINED 0107 250000
SIZELER PROPERTY INV COM 830137105 5840 458000 SH DEFINED 01 458000
SKYLINE COM 830830105 6 330 SH DEFINED 0103 330
SMITHKLN BCHM EQ UNT COM 832378400 11672 415000 SH DEFINED 0131 415000
SMITHKLN BCHM EQ UNT COM 832378400 520 18500 SH DEFINED 0103 18500
SNAP ON INC COM 833034101 53 1414 SH DEFINED 0103 1414
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 4441 175000 SH DEFINED 0104 175000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 8881 350000 SH DEFINED 011516 350000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 2538 100000 SH DEFINED 011621 100000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 1396 55000 SH DEFINED 011620 55000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 1269 50000 SH DEFINED 0131 50000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 888 35000 SH DEFINED 01 35000
SOCIEDAD QUINICA COM 833635105 741 25000 SH DEFINED 011619 25000
SODAK GAMING COM 833777105 329 29200 SH DEFINED 011620 29200
SOFAMOR/DANEK GROUP COM 834005100 1300 100000 SH DEFINED 0106 100000
SOFAMOR/DANEK GROUP COM 834005100 1430 110000 SH DEFINED 011614 110000
SOFTBRIDGE MICRO SYS COM 834020992 135 13500 SH DEFINED 01 13500
SOLECTRON CORP COM 834182107 6344 250000 SH DEFINED 0130 250000
SOLECTRON CORP COM 834182107 5075 200000 SH DEFINED 0108 200000
SOLECTRON CORP COM 834182107 7613 300000 SH DEFINED 0111 300000
SOLECTRON CORP COM 834182107 114 4500 SH DEFINED 0102 4500
SONAT INC COM 835415100 5381 175000 SH DEFINED 0132 175000
SONAT INC COM 835415100 87 2832 SH DEFINED 0103 2832
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 2496 51200 SH DEFINED 0129 51200
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 3383 69400 SH DEFINED 0104 69400
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 731 15000 SH DEFINED 0107 15000
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 2418 49600 SH DEFINED 011621 49600
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 1112 22800 SH DEFINED 0131 22800
SOUTH WEST PRPRTY TR COM 840649107 3369 275000 SH DEFINED 0130 275000
SOUTH WEST PRPRTY TR COM 840649107 2144 175000 SH DEFINED 0132 175000
SOUTH WEST PRPRTY TR COM 840649107 1225 100000 SH DEFINED 011618 100000
SOUTHDOWN WARRANTS WARRANT 841297997 220 40000 SH DEFINED 0104 40000
SOUTHDOWN WARRANTS WARRANT 841297997 275 50000 SH DEFINED 0109 50000
SOUTHDOWN WARRANTS WARRANT 841297997 165 30000 SH DEFINED 011621 30000
SO CA EDISON $100 PREFERRED STOCK 842400780 14799 147250 SH DEFINED 0105 147250
SO CA EDISON $100 PREFERRED STOCK 842400780 4874 48500 SH DEFINED 01 48500
SO CA EDISON $100 PREFERRED STOCK 842400780 503 5000 SH DEFINED 01 5000
SO CA EDISON $100 PREFERRED STOCK 842400780 503 5000 SH DEFINED 0116 5000
SOUTHERN CO. COM 842587107 7500 400000 SH DEFINED 0132 400000
SOUTHERN CO. COM 842587107 392 20927 SH DEFINED 0103 20927
SO INDIANA G&E 100 PREFERRED STOCK 843169996 7275 75000 SH DEFINED 0105 75000
SOUTHERN NEW ENG TEL COM 843485103 1983 65000 SH DEFINED 0132 65000
SOUTHWEST AIRLINES COM 844741108 52250 2000000 SH DEFINED 0126 2000000
SOUTHWEST AIRLINES COM 844741108 4180 160000 SH DEFINED 0106 160000
SOUTHWEST AIRLINES COM 844741108 13063 500000 SH DEFINED 0111 500000
SOUTHWEST AIRLINES COM 844741108 19594 750000 SH DEFINED 0124 750000
SOUTHWEST AIRLINES COM 844741108 3658 140000 SH DEFINED 011622 140000
SOUTHWEST AIRLINES COM 844741108 8229 315000 SH DEFINED 011623 315000
SOUTHWEST AIRLINES COM 844741108 4703 180000 SH DEFINED 011618 180000
SOUTHWEST AIRLINES COM 844741108 5225 200000 SH DEFINED 011614 200000
<PAGE> PAGE 64
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SOUTHWEST AIRLINES COM 844741108 47627 1822917 SH DEFINED 0102 637400 1185517
SOUTHWEST AIRLINES COM 844741108 6503 248900 SH DEFINED 0131 248900
SOUTHWEST AIRLINES COM 844741108 575 22000 SH DEFINED 0103 22000
SOUTHWEST AIRLINES COM 844741108 261 10000 SH DEFINED 01 10000
SOUTHWEST GAS CORP COM 844895102 1800 100000 SH DEFINED 0132 100000
SOUTHWESTERN BELL COM 845333103 5438 125000 SH DEFINED 0132 125000
SOUTHWESTERN BELL COM 845333103 857 19707 SH DEFINED 0103 19707
SPECIALTY FOODS ACQ COM 847498102 300 300000 SH DEFINED 0109 300000
SPECIALTY FOODS ACQ COM 847498102 15 15000 SH DEFINED 011621 15000
SPRINGS INDS INC COM 851783100 19 647 SH DEFINED 0103 647
SPRINT CORP COM 852061100 391 11219 SH DEFINED 0103 11219
SPRINT CORP COM 852061100 1395 40000 SH DEFINED 01 40000
STABLE CAPITAL FUND COM 852300987 550319 51503838 SH DEFINED 0103 1283013 50220825
STACIA VENTURES COM 85233E109 1 1000 SH DEFINED 0102 1000
STANDARD MICROSYSTEM COM 853626109 1425 100000 SH DEFINED 011619 100000
STANLEY WORKS THE COM 854616109 20125 500000 SH DEFINED 0113 500000
STANLEY WORKS THE COM 854616109 2797 69500 SH DEFINED 0125 69500
STANLEY WORKS THE COM 854616109 394 9800 SH DEFINED 0102 9800
STANLEY WORKS THE COM 854616109 1244 30920 SH DEFINED 0103 30920
STATE STREET BOSTON COM 857473102 57938 1500000 SH DEFINED 0126 1500000
STATE STREET BOSTON COM 857473102 7725 200000 SH DEFINED 0111 200000
STATE STREET BOSTON COM 857473102 19313 500000 SH DEFINED 0124 500000
STATE STREET BOSTON COM 857473102 69525 1800000 SH DEFINED 011516 1800000
STATE STREET BOSTON COM 857473102 7039 182215 SH DEFINED 0102 68300 113915
STATE STREET BOSTON COM 857473102 369 9550 SH DEFINED 0103 9550
STEINROE INCOME FUND COM 857906101 37 3958 SH DEFINED 0102 3958
STEINROE CASH RESERV COM 857906309 0 63 SH DEFINED 0102 63
STEINROE PRIME EQ FD COM 857908107 237 16808 SH DEFINED 0102 16808
STEINROE CAPITAL OPP COM 857908602 102 3547 SH DEFINED 0102 3547
STEINROE SPECIAL FD COM 857908701 760 34236 SH DEFINED 0102 34236
STEINROE INTL FD COM 857908875 180 18000 SH DEFINED 0102 18000
STEEL TECHNOLOGIES COM 858147101 1106 66000 SH DEFINED 011619 66000
STERIS CORP COM 859152100 2616 135000 SH DEFINED 0106 135000
STERIS CORP COM 859152100 7750 400000 SH DEFINED 011516 400000
STERIS CORP COM 859152100 3391 175000 SH DEFINED 011614 175000
STERIS CORP COM 859152100 2955 152500 SH DEFINED 0102 152500
STERIS CORP COM 859152100 56 2900 SH DEFINED 0103 2900
STERLING SOFTWARE CONV BOND 859547AD3 2393 2000000 PRN DEFINED 0107 2000000
STERLING SOFTWARE IN COM 859547101 1350 45000 SH DEFINED 011620 45000
STEWART ENTERPRISES COM 860370105 13594 625000 SH DEFINED 011516 625000
STONE CONTAINER CONV BOND 861589AE9 14900 20000000 PRN DEFINED 0130 20000000
STONE CONTAINER COM 861589109 34 2342 SH DEFINED 0103 2342
STORAGE USA COM 861907103 2661 100400 SH DEFINED 0107 100400
STORAGE TECHNOLOGY COM 862111200 1958 60000 SH DEFINED 0106 60000
STORAGE TECHNOLOGY COM 862111200 2447 75000 SH DEFINED 011614 75000
STORAGE TECHNOLOGY COM 862111200 3752 115000 SH DEFINED 0131 115000
STRIDE RITE CORP COM 863314100 21 1634 SH DEFINED 0103 1634
STRYKER CORP COM 863667101 2650 100000 SH DEFINED 0106 100000
STRYKER CORP COM 863667101 10600 400000 SH DEFINED 0111 400000
STRYKER CORP COM 863667101 41738 1575000 SH DEFINED 011516 1575000
<PAGE> PAGE 65
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
STRYKER CORP COM 863667101 2650 100000 SH DEFINED 011614 100000
STRYKER CORP COM 863667101 5144 194100 SH DEFINED 0102 194100
STRYKER CORP COM 863667101 3048 115000 SH DEFINED 0131 115000
STRYKER CORP COM 863667101 87 3300 SH DEFINED 0103 3300
SLMA NON/VTG COM 863871505 18000 500000 SH DEFINED 0113 500000
SLMA NON/VTG COM 863871505 9900 275000 SH DEFINED 0131 275000
SLMA NON/VTG COM 863871505 418 11600 SH DEFINED 0103 11600
STUDENT LOAN CORP COM 863902102 5888 300000 SH DEFINED 011516 300000
SUMMA COM 865628101 774 35000 SH DEFINED 0106 35000
SUMMA COM 865628101 9403 425000 SH DEFINED 011516 425000
SUMMA COM 865628101 885 40000 SH DEFINED 011614 40000
SUMMA COM 865628101 3629 164000 SH DEFINED 0102 164000
SUMMA COM 865628101 66 3000 SH DEFINED 0103 3000
SUMMIT PROPERTIES COM 866239106 4000 200000 SH DEFINED 0132 200000
SUMMIT PROPERTIES COM 866239106 4000 200000 SH DEFINED 0107 200000
SUMMIT PROPERTIES COM 866239106 2800 140000 SH DEFINED 011618 140000
SUN COM 866762107 91 3386 SH DEFINED 0103 3386
SUN MICROSYSTEMS INC COM 866810104 192 9300 SH DEFINED 011614 9300
SUN MICROSYSTEMS INC COM 866810104 1918 93000 SH DEFINED 0131 93000
SUN MICROSYSTEMS INC COM 866810104 69 3346 SH DEFINED 0103 3346
SUN AMERICA COM 866930100 12263 300000 SH DEFINED 0111 300000
SUN AMERICA COM 866930100 123 3000 SH DEFINED 0102 3000
SUNAMERICA $37 CONV PFD STOCK 866930704 1794 45000 SH DEFINED 0107 45000
SUNAMERICA $37 CONV PFD STOCK 866930704 6962 174600 SH DEFINED 0131 174600
SUN HEALTHCARE GROUP COM 866933104 1489 79920 SH DEFINED 0106 79920
SUN HEALTHCARE GROUP COM 866933104 1625 87240 SH DEFINED 011614 87240
SUNDSTRAND CORP COM 867323107 10777 229300 SH DEFINED 011516 229300
SUNGARD DATA COM 867363103 36 1000 SH DEFINED 0102 1000
SUNRISE MEDICAL COM 867910101 3928 179545 SH DEFINED 0103 179545
SUNTRUST BANKS INC COM 867914103 200 4127 SH DEFINED 0103 4127
SUPERVALU INC COM 868536103 15 500 SH DEFINED 0125 500
SUPERVALU INC COM 868536103 3 100 SH DEFINED 0102 100
SUPERVALU INC COM 868536103 75 2493 SH DEFINED 0103 2493
SWIFT TRANSPORTATION COM 870756103 831 25500 SH DEFINED 0102 25500
SWIFT TRANSPORTATION COM 870756103 16 500 SH DEFINED 0103 500
SYBRON CHEMICALS INC COM 870903101 7200 300000 SH DEFINED 0124 300000
SYBASE SOFTWARE COM 871130100 6615 135000 SH DEFINED 0106 135000
SYBASE SOFTWARE COM 871130100 7350 150000 SH DEFINED 011614 150000
SYBASE SOFTWARE COM 871130100 18237 372150 SH DEFINED 0102 372150
SYBASE SOFTWARE COM 871130100 9335 190500 SH DEFINED 0131 190500
SYBASE SOFTWARE COM 871130100 720 14700 SH DEFINED 0103 14700
SYBRON CORP COM 87114F106 1057 35220 SH DEFINED 0103 35220
SYNOPSYS INC COM 871607107 4875 130000 SH DEFINED 0106 130000
SYNOPSYS INC COM 871607107 1013 27000 SH DEFINED 011619 27000
SYNOPSYS INC COM 871607107 6375 170000 SH DEFINED 011614 170000
SYNOPSYS INC COM 871607107 10393 277100 SH DEFINED 0102 277100
SYNOPSYS INC COM 871607107 8261 220300 SH DEFINED 0131 220300
SYNOPSYS INC COM 871607107 705 18800 SH DEFINED 0103 18800
SYNOPTICS COMM 144A CONV BOND 871609AA1 18000 25000000 PRN DEFINED 0130 25000000
SYNOPTICS COMM COM 871609103 1499 110000 SH DEFINED 011620 110000
<PAGE> PAGE 66
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SYSCO CORPORATION COM 871829107 5656 250000 SH DEFINED 0108 250000
SYSCO CORPORATION COM 871829107 5656 250000 SH DEFINED 011618 250000
SYSCO CORPORATION COM 871829107 2 75 SH DEFINED 0102 75
SYSCO CORPORATION COM 871829107 140 6194 SH DEFINED 0103 6194
SYSTEM SOFTWARE ASSC COM 871839106 1325 100000 SH DEFINED 011620 100000
SYSTEM SOFTWARE ASSC COM 871839106 2160 163000 SH DEFINED 01 163000
TIG HOLDINGS COM 872469101 7000 350000 SH DEFINED 0124 350000
TJX COS COM 872540109 55 2497 SH DEFINED 0103 2497
TRW COM 872649108 134 2073 SH DEFINED 0103 2073
TSL HOLDINGS INC COM 872918107 0 15 SH DEFINED 0102 15
TVX GOLD INC COM 87308K101 3912 686700 SH DEFINED 0127 686700
TANDEM COMPUTERS COM 875370108 42 3706 SH DEFINED 0103 3706
TANDY CORP COM 875382103 71 2071 SH DEFINED 0103 2071
TANGER FACTORY COM 875465106 2313 80100 SH DEFINED 0106 80100
TANGER FACTORY COM 875465106 2166 75000 SH DEFINED 011614 75000
TARRAGON OIL & GAS COM 876200999 2604 200000 SH DEFINED 0106 200000
TARRAGON OIL & GAS COM 876200999 2604 200000 SH DEFINED 0111 200000
TARRAGON OIL & GAS COM 876200999 6510 500000 SH DEFINED 0124 500000
TARRAGON OIL & GAS COM 876200999 2604 200000 SH DEFINED 011614 200000
TARRAGON OIL & GAS COM 876200999 2213 170000 SH DEFINED 0131 170000
TARRAGON OIL & GAS COM 876200999 220 16875 SH DEFINED 01 16875
TAUBMAN CENTERS INC COM 876664103 9775 850000 SH DEFINED 0113 850000
TECH DATA CORP COM 878237106 1238 75000 SH DEFINED 011619 75000
TECH DATA CORP COM 878237106 1485 90000 SH DEFINED 011620 90000
TEKTRONIX COM 879131100 28 981 SH DEFINED 0103 981
TELECABLE COM 879190106 1119 16000 SH DEFINED 0102 16000
TELE-COMMUNICATION A COM 879240109 245 12000 SH DEFINED 0125 12000
TELE-COMMUNICATION A COM 879240109 40750 2000000 SH DEFINED 011516 2000000
TELE-COMMUNICATION A COM 879240109 13244 650000 SH DEFINED 011618 650000
TELE-COMMUNICATION A COM 879240109 869 42736 SH DEFINED 0102 42736
TELE-COMMUNICATION A COM 879240109 3668 180000 SH DEFINED 0131 180000
TELE-COMMUNICATION A COM 879240109 394 19315 SH DEFINED 0103 19315
TELE DANMARK ADS COM 879242105 5048 205000 SH DEFINED 0132 205000
TELE DANMARK ADS COM 879242105 12928 525000 SH DEFINED 0124 525000
TELE DANMARK ADS COM 879242105 5541 225000 SH DEFINED 0107 225000
TELECOM ARGENTINA144 COM 879273100 8215 155000 SH DEFINED 0124 155000
NEW ZEALAND TELPHONE COM 879278208 4250 100000 SH DEFINED 0132 100000
NEW ZEALAND TELPHONE COM 879278208 12750 300000 SH DEFINED 011516 300000
TELEDYNE COM 879335107 28 1748 SH DEFINED 0103 1748
TELEFLEX INC COM 879369106 8809 270000 SH DEFINED 0108 270000
TELEFONICA DE ARGENT COM 879378206 3495 60000 SH DEFINED 0112 60000
TELEFONICA DE ARGENT COM 879378206 5243 90000 SH DEFINED 011617 90000
TELEFONICA DE ARGENT COM 879378206 1456 25000 SH DEFINED 0131 25000
TELEFONICA DE ESPANA COM 879382208 12075 300000 SH DEFINED 0132 300000
TELEFONICA DE ESPANA COM 879382208 10063 250000 SH DEFINED 0124 250000
TELEFONOS DE MEXICO COM 879403400 69 24360 SH DEFINED 01 24360
TELEFONOS DE MEXICO COM 879403780 16763 300000 SH DEFINED 0111 300000
TELEFONOS DE MEXICO COM 879403780 4191 75000 SH DEFINED 0132 75000
TELEFONOS DE MEXICO COM 879403780 19556 350000 SH DEFINED 0124 350000
TELEFONOS DE MEXICO COM 879403780 4593 82200 SH DEFINED 0112 82200
<PAGE> PAGE 67
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TELEFONOS DE MEXICO COM 879403780 15645 280000 SH DEFINED 011618 280000
TELEFONOS DE MEXICO COM 879403780 1397 25000 SH DEFINED 011620 25000
TELEFONOS DE MEXICO COM 879403780 4224 75600 SH DEFINED 011617 75600
TELEFONOS DE MEXICO COM 879403780 1364 24358 SH DEFINED 0102 6500 17858
TELEFONOS DE MEXICO COM 879403780 18042 322900 SH DEFINED 0131 322900
TELEFONOS DE MEXICO COM 879403780 425 7600 SH DEFINED 0103 7600
TELEFONOS DE MEXICO COM 879403780 16037 287000 SH DEFINED 01 51000 236000
TELLABS COM 879664100 6820 220000 SH DEFINED 0106 220000
TELLABS COM 879664100 20305 655000 SH DEFINED 0111 655000
TELLABS COM 879664100 8370 270000 SH DEFINED 011614 270000
TELLABS COM 879664100 16174 521700 SH DEFINED 0102 521700
TELLABS COM 879664100 666 21500 SH DEFINED 0103 21500
TEMPEST REINS PRIVAT COM 8798009A0 7532 80000 SH DEFINED 0108 80000
TEMPEST REINS PRIVAT COM 8798009A0 2824 30000 SH DEFINED 0128 30000
TEMPEST REINS PRIVAT COM 8798009A0 7532 80000 SH DEFINED 0124 80000
TEMPEST REINS PRIVAT COM 8798009A0 7249 77000 SH DEFINED 0131 77000
TEMPEST REINS PRIVAT COM 8798009A0 282 3000 SH DEFINED 0103 3000
TEMPLE INLAND COM 879868107 83 1748 SH DEFINED 0103 1748
TENNECO INC COM 880370101 23188 500000 SH DEFINED 0130 500000
TENNECO INC COM 880370101 20869 450000 SH DEFINED 0113 450000
TENNECO INC COM 880370101 4638 100000 SH DEFINED 0107 100000
TENNECO INC COM 880370101 9275 200000 SH DEFINED 011516 200000
TENNECO INC COM 880370101 57241 1234465 SH DEFINED 0102 402500 831965
TENNECO INC COM 880370101 10527 227000 SH DEFINED 0131 227000
TENNECO INC COM 880370101 2699 58155 SH DEFINED 0103 43200 14955
TENNECO INC COM 880370101 8163 176000 SH DEFINED 01 176000
TENNECO PERC CVT CONV PFD STOCK 880370697 13122 325000 SH DEFINED 0130 325000
TENNECO PERC CVT CONV PFD STOCK 880370697 3533 87500 SH DEFINED 0132 87500
TENNECO PERC CVT CONV PFD STOCK 880370697 12113 300000 SH DEFINED 011618 300000
TENNECO PERC CVT CONV PFD STOCK 880370697 12233 303000 SH DEFINED 01 129000 174000
TENNECO SRS B $100 PREFERRED STOCK 880370721 6926 68998 SH DEFINED 0105 68998
TENNECO SRS B $100 PREFERRED STOCK 880370721 1404 13985 SH DEFINED 01 13985
TENNECO SRS B $100 PREFERRED STOCK 880370721 351 3499 SH DEFINED 01 3499
TEXACO COM 881694103 21131 350000 SH DEFINED 0130 350000
TEXACO COM 881694103 25659 425000 SH DEFINED 0113 425000
TEXACO COM 881694103 7547 125000 SH DEFINED 0107 125000
TEXACO COM 881694103 8453 140000 SH DEFINED 0131 140000
TEXACO COM 881694103 921 15245 SH DEFINED 0103 15245
TEXACO COM 881694103 1208 20000 SH DEFINED 01 20000
TEXAS INSTRUMENTS COM 882508104 238 2995 SH DEFINED 0103 2995
TEXAS UTILITIES COM 882848104 226 7203 SH DEFINED 0103 7203
TEXTRON INC COM 883203101 23569 450000 SH DEFINED 0113 450000
TEXTRON INC COM 883203101 10475 200000 SH DEFINED 0131 200000
TEXTRON INC COM 883203101 652 12437 SH DEFINED 0103 12437
THERMADYNE HDS CL B COM 883434201 0 120000 SH DEFINED 0104 120000
THERMADYNE HLDG CORP COM 883435109 79 6693 SH DEFINED 0104 6693
THIOKOL CORP COM 884103102 8444 350000 SH DEFINED 0108 350000
THIOKOL CORP COM 884103102 3378 140000 SH DEFINED 0128 140000
THOMAS & BETTS COM 884315102 40 652 SH DEFINED 0103 652
3 DO COM 88553W105 4728 310000 SH DEFINED 011516 310000
<PAGE> PAGE 68
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
3 COM CORP COM 885535104 1747 34000 SH DEFINED 011619 34000
3 COM CORP COM 885535104 1541 30000 SH DEFINED 011620 30000
3 COM CORP COM 885535104 2620 51000 SH DEFINED 01 51000
TIME WARNER INC COM 887315109 80788 2300000 SH DEFINED 0126 2300000
TIME WARNER INC COM 887315109 14050 400000 SH DEFINED 0124 400000
TIME WARNER INC COM 887315109 32 900 SH DEFINED 0125 900
TIME WARNER INC COM 887315109 4391 125000 SH DEFINED 011622 125000
TIME WARNER INC COM 887315109 9659 275000 SH DEFINED 011623 275000
TIME WARNER INC COM 887315109 11240 320000 SH DEFINED 011618 320000
TIME WARNER INC COM 887315109 2152 61250 SH DEFINED 0102 25900 35350
TIME WARNER INC COM 887315109 443 12612 SH DEFINED 0103 12612
TIMES MIRROR CL A COM 887360105 6025 200000 SH DEFINED 0107 200000
TIMES MIRROR CL A COM 887360105 128 4245 SH DEFINED 0103 4245
TIMKEN CO. COM 887389104 32 983 SH DEFINED 0103 983
TOOTSIE ROLL INDS COM 890516107 12810 216659 SH DEFINED 011516 216659
TORCHMARK CORP COM 891027104 172 4400 SH DEFINED 0125 4400
TORCHMARK CORP COM 891027104 23 600 SH DEFINED 0102 600
TORCHMARK CORP COM 891027104 168 4298 SH DEFINED 0103 4298
TOSCO CORP COM 891490302 5950 200000 SH DEFINED 011516 200000
TOTAL COM 89151E109 1650 57505 SH DEFINED 0102 18300 39205
TOYS R US COM 892335100 9125 278469 SH DEFINED 0102 96500 181969
TOYS R US COM 892335100 1024 31278 SH DEFINED 0103 21700 9578
TOYS R US COM 892335100 1965 60000 SH DEFINED 01 60000
TRANSACTION NETWORK COM 893414102 462 52000 SH DEFINED 011619 52000
TRANSAMERICA CORP COM 893485102 131 2506 SH DEFINED 0103 2506
TRANSATLANTIC HLDS COM 893521104 7838 150000 SH DEFINED 0108 150000
TRANSCO ENERGY CO COM 893532101 23 1408 SH DEFINED 0103 1408
TRANSCO ENERGY PREFERRED STOCK 893532309 5276 105000 SH DEFINED 0132 105000
TRANSDIGM WARRANTS WARRANT 893900993 479 47872 SH DEFINED 0109 47872
TRAVELERS INC NEW COM 894190107 8869 275000 SH DEFINED 0130 275000
TRAVELERS INC NEW COM 894190107 19350 600000 SH DEFINED 0126 600000
TRAVELERS INC NEW COM 894190107 19350 600000 SH DEFINED 0113 600000
TRAVELERS INC NEW COM 894190107 9675 300000 SH DEFINED 0111 300000
TRAVELERS INC NEW COM 894190107 25800 800000 SH DEFINED 011516 800000
TRAVELERS INC NEW COM 894190107 27413 850000 SH DEFINED 011618 850000
TRAVELERS INC NEW COM 894190107 1613 50000 SH DEFINED 011620 50000
TRAVELERS INC NEW COM 894190107 6633 205654 SH DEFINED 0102 82066 123588
TRAVELERS INC NEW COM 894190107 10619 329269 SH DEFINED 0131 329269
TRAVELERS INC NEW COM 894190107 1419 43986 SH DEFINED 0103 16800 27186
TRAVELERS INC NEW COM 894190107 3254 100911 SH DEFINED 01 100911
TRAVELERS INC $50 B CONV PFD STOCK 894190602 16275 300000 SH DEFINED 0130 300000
TRIAD MORTGAGE GROUP COM 895925105 534 35000 SH DEFINED 011619 35000
TRIANGLE WIRE & CABL COM 895929107 2111 211111 SH DEFINED 0104 211111
TRIANGLE WIRE & CABL COM 895929107 5489 548889 SH DEFINED 0109 548889
TRIANGLE WIRE & CABL COM 895929107 844 84444 SH DEFINED 011621 84444
TRIBUNE CO COM 896047107 2 30 SH DEFINED 0102 30
TRIBUNE CO COM 896047107 116 2180 SH DEFINED 0103 2180
TRIBUNE CO COM 896047107 1065 20000 SH DEFINED 01 20000
TRIMAS COM 896215100 5491 238700 SH DEFINED 0102 238700
TRIMAS COM 896215100 104 4500 SH DEFINED 0103 4500
<PAGE> PAGE 69
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TRINITY INDUSTRIES COM 896522109 5269 150000 SH DEFINED 0108 150000
TRINITY INDUSTRIES COM 896522109 1229 35000 SH DEFINED 011620 35000
TRINITY INDUSTRIES COM 896522109 39 1100 SH DEFINED 0102 1100
TRINITY INDUSTRIES COM 896522109 639 18200 SH DEFINED 0103 18200
TRINOVA CORP COM 896678109 30 876 SH DEFINED 0103 876
TRI QUINT COM 89674K103 269 50000 SH DEFINED 011619 50000
TRITON ENERGY COM 896750106 1325 40000 SH DEFINED 011620 40000
TRIPLE S PLASTICS COM 896926102 743 55000 SH DEFINED 011619 55000
TULTEX CORP COM 899900104 291 62968 SH DEFINED 0102 62968
TURNER BROADCAST B COM 900262502 13031 750000 SH DEFINED 011516 750000
TURNER BROADCAST B COM 900262502 8688 500000 SH DEFINED 011618 500000
TYCO LABORATORIES COM 902120104 4575 100000 SH DEFINED 0111 100000
TYCO LABORATORIES COM 902120104 23 500 SH DEFINED 0102 500
TYCO LABORATORIES COM 902120104 450 9825 SH DEFINED 0103 8300 1525
TYCO LABORATORIES COM 902120104 6405 140000 SH DEFINED 01 140000
UAL CORP COM 902549104 1023 8100 SH DEFINED 0125 8100
UAL CORP COM 902549104 139 1100 SH DEFINED 0102 1100
UAL CORP COM 902549104 530 4199 SH DEFINED 0103 4199
UAL CORP 144A $100 A CONV PFD STOCK 902549302 16900 200000 SH DEFINED 0113 200000
UAL CORP 144A $100 A CONV PFD STOCK 902549302 5070 60000 SH DEFINED 0107 60000
UAL CORP 144A $100 A CONV PFD STOCK 902549302 3380 40000 SH DEFINED 0131 40000
USX CORP $50 CONV PFD STOCK 902905819 17675 350000 SH DEFINED 0130 350000
USX CORP $50 CONV PFD STOCK 902905819 3586 71000 SH DEFINED 0107 71000
USX MARATHON GROUP COM 902905827 157 9369 SH DEFINED 0103 9369
UST INC COM 902911106 21700 800000 SH DEFINED 0130 800000
UST INC COM 902911106 21700 800000 SH DEFINED 0113 800000
UST INC COM 902911106 3396 125200 SH DEFINED 0125 125200
UST INC COM 902911106 56963 2100000 SH DEFINED 011516 2100000
UST INC COM 902911106 5268 194200 SH DEFINED 0102 194200
UST INC COM 902911106 1621 59755 SH DEFINED 0103 59755
UST INC COM 902911106 130 4800 SH DEFINED 01 4800
UNUM CORP COM 903192102 29535 660000 SH DEFINED 011516 660000
UNUM CORP COM 903192102 114 2546 SH DEFINED 0103 2546
USF&G CONV BOND 903290AD6 1843 3900000 PRN DEFINED 0104 3900000
USF&G CONV BOND 903290AD6 567 1200000 PRN DEFINED 0107 1200000
USF&G CONV BOND 903290AD6 10017 21200000 PRN DEFINED 011516 21200000
USF&G CONV BOND 903290AD6 1276 2700000 PRN DEFINED 011621 2700000
USF&G CONV BOND 903290AD6 1347 2850000 PRN DEFINED 0131 2850000
USF&G CONV BOND 903290AD6 71 150000 PRN DEFINED 0103 150000
U S F & G CORP COM 903290104 33 2729 SH DEFINED 0103 2729
USLICO CORP CONV BOND 903297AB5 618 600000 PRN DEFINED 0129 600000
USLICO CORP CONV BOND 903297AB5 1236 1200000 PRN DEFINED 0104 1200000
USLICO CORP CONV BOND 903297AB5 618 600000 PRN DEFINED 0109 600000
USLICO CORP CONV BOND 903297AB5 618 600000 PRN DEFINED 011621 600000
USX-US STEEL GROUP COM 90337T101 70 2103 SH DEFINED 0103 2103
ULTIMATE ELECTRONICS COM 903849107 735 70000 SH DEFINED 011619 70000
ULTRAMAR COM 903912103 5250 200000 SH DEFINED 0107 200000
UNIFI, INC. COM 904677101 3506 150000 SH DEFINED 011618 150000
UNILEVER NV NY SHRS COM 904784501 917 9100 SH DEFINED 0125 9100
UNILEVER NV NY SHRS COM 904784501 131 1300 SH DEFINED 0102 1300
<PAGE> PAGE 70
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
UNILEVER NV NY SHRS COM 904784501 930 9229 SH DEFINED 0103 9229
UNION CAMP CORP COM 905530101 22688 500000 SH DEFINED 0130 500000
UNION CAMP CORP COM 905530101 9075 200000 SH DEFINED 0108 200000
UNION CAMP CORP COM 905530101 22688 500000 SH DEFINED 0113 500000
UNION CAMP CORP COM 905530101 10618 234000 SH DEFINED 0131 234000
UNION CAMP CORP COM 905530101 576 12688 SH DEFINED 0103 12688
UNION CARBIDE CORP COM 905581104 131 4907 SH DEFINED 0103 4907
UNION ELECTRIC COM 906548102 107 3374 SH DEFINED 0103 3374
UNION PACIFIC CORP COM 907818108 22650 400000 SH DEFINED 0130 400000
UNION PACIFIC CORP COM 907818108 10476 185000 SH DEFINED 0108 185000
UNION PACIFIC CORP COM 907818108 22650 400000 SH DEFINED 0113 400000
UNION PACIFIC CORP COM 907818108 8494 150000 SH DEFINED 0124 150000
UNION PACIFIC CORP COM 907818108 3109 54900 SH DEFINED 0125 54900
UNION PACIFIC CORP COM 907818108 26897 475000 SH DEFINED 011516 475000
UNION PACIFIC CORP COM 907818108 16421 290000 SH DEFINED 011618 290000
UNION PACIFIC CORP COM 907818108 14041 247980 SH DEFINED 0102 95300 152680
UNION PACIFIC CORP COM 907818108 9909 175000 SH DEFINED 0131 175000
UNION PACIFIC CORP COM 907818108 2138 37750 SH DEFINED 0103 37750
UNION PACIFIC CORP COM 907818108 7701 136000 SH DEFINED 01 136000
UNISYS CORP COM 909214108 49 5337 SH DEFINED 0103 5337
UNISYS CORP $3.75 CONV PFD STOCK 909214207 13750 400000 SH DEFINED 0113 400000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 2303 67000 SH DEFINED 0128 67000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 859 25000 SH DEFINED 0127 25000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 5156 150000 SH DEFINED 0107 150000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 5741 167000 SH DEFINED 0131 167000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 361 10500 SH DEFINED 0103 10500
UNITED ASSET MGMT CO COM 909420101 9900 300000 SH DEFINED 011516 300000
UNITED HEALTHCARE COM 910581107 36490 820000 SH DEFINED 0126 820000
UNITED HEALTHCARE COM 910581107 3560 80000 SH DEFINED 0106 80000
UNITED HEALTHCARE COM 910581107 22250 500000 SH DEFINED 0111 500000
UNITED HEALTHCARE COM 910581107 26700 600000 SH DEFINED 0124 600000
UNITED HEALTHCARE COM 910581107 4094 92000 SH DEFINED 011622 92000
UNITED HEALTHCARE COM 910581107 9123 205000 SH DEFINED 011623 205000
UNITED HEALTHCARE COM 910581107 8900 200000 SH DEFINED 011618 200000
UNITED HEALTHCARE COM 910581107 1335 30000 SH DEFINED 011620 30000
UNITED HEALTHCARE COM 910581107 3382 76000 SH DEFINED 011614 76000
UNITED HEALTHCARE COM 910581107 29 646 SH DEFINED 0102 646
UNITED HEALTHCARE COM 910581107 5990 134600 SH DEFINED 0131 134600
UNITED HEALTHCARE COM 910581107 374 8400 SH DEFINED 0103 8400
U.S. BANCORP COM 911596104 85 3267 SH DEFINED 0103 3267
US AIR GROUP INC. COM 911905107 12 1860 SH DEFINED 0103 1860
US HEALTH CARE INC COM 911910107 30 800 SH DEFINED 0125 800
US HEALTH CARE INC COM 911910107 9805 265000 SH DEFINED 011618 265000
US HEALTH CARE INC COM 911910107 4065 109851 SH DEFINED 0102 109851
US HEALTH CARE INC COM 911910107 389 10522 SH DEFINED 0103 4950 5572
US HEALTH CARE INC COM 911910107 111 3000 SH DEFINED 01 3000
U. S. SURGICAL CORP COM 912707106 39 1751 SH DEFINED 0103 1751
U S WEST COM 912889102 46063 1100000 SH DEFINED 0126 1100000
U S WEST COM 912889102 16750 400000 SH DEFINED 0132 400000
U S WEST COM 912889102 1809 43200 SH DEFINED 0125 43200
<PAGE> PAGE 71
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
U S WEST COM 912889102 5234 125000 SH DEFINED 0107 125000
U S WEST COM 912889102 2513 60000 SH DEFINED 011622 60000
U S WEST COM 912889102 5863 140000 SH DEFINED 011623 140000
U S WEST COM 912889102 17797 425000 SH DEFINED 011516 425000
U S WEST COM 912889102 255 6100 SH DEFINED 0102 6100
U S WEST COM 912889102 1366 32623 SH DEFINED 0103 32623
UNITED TECHNOLOGIES COM 913017109 22488 350000 SH DEFINED 0130 350000
UNITED TECHNOLOGIES COM 913017109 21203 330000 SH DEFINED 0126 330000
UNITED TECHNOLOGIES COM 913017109 3213 50000 SH DEFINED 0107 50000
UNITED TECHNOLOGIES COM 913017109 7068 110000 SH DEFINED 011618 110000
UNITED TECHNOLOGIES COM 913017109 21094 328270 SH DEFINED 0102 93600 234670
UNITED TECHNOLOGIES COM 913017109 8031 125000 SH DEFINED 0131 125000
UNITED TECHNOLOGIES COM 913017109 927 14436 SH DEFINED 0103 5000 9436
UNITED TECHNOLOGIES COM 913017109 212 3300 SH DEFINED 01 3300
UNITED TELECOM $100 PREFERRED STOCK 9130259A2 3991 39914 SH DEFINED 0105 39914
UNITED WASTE SYS INC COM 913174108 263 13900 SH DEFINED 0102 13900
UNITED WASTE SYS INC COM 913174108 4 200 SH DEFINED 0103 200
UNIVERSITY PATENTS COM 914802103 1375 200000 SH DEFINED 0106 200000
UNOCAL CORP COM 915289102 5725 200000 SH DEFINED 0107 200000
UNOCAL CORP COM 915289102 228 7948 SH DEFINED 0103 7948
UPJOHN COM 915302103 165 5665 SH DEFINED 0103 5665
UPJOHN COM 915302103 583 20000 SH DEFINED 01 20000
USLIFE CORP COM 917318107 27 761 SH DEFINED 0103 761
UTILICORP UNITED INC COM 918005109 4294 150000 SH DEFINED 0132 150000
V. F. CORP COM 918204108 98 2072 SH DEFINED 0103 2072
VAALREEFS EXP & MNG COM 918506403 647 75000 SH DEFINED 0110 75000
VAALREEFS EXP & MNG COM 918506403 2156 250000 SH DEFINED 0127 250000
VALENCE TECH COM 918914102 1120 280000 SH DEFINED 0106 280000
VALENCE TECH COM 918914102 1520 380000 SH DEFINED 011614 380000
VALUE HEALTH INC COM 920393105 9563 250000 SH DEFINED 0126 250000
VALUE HEALTH INC COM 920393105 61 1600 SH DEFINED 0102 1600
STAR PORTFOLIO COM 921909107 1 98 SH DEFINED 01 98
VARITY CORP COM 92224R602 41 1121 SH DEFINED 0103 1121
VAUGHAN BASSETT FURN COM 922272117 45 1491 SH DEFINED 0102 1491
VASTAR COM 922380100 5875 200000 SH DEFINED 011618 200000
VENTRITEX INC COM 922814108 2421 130000 SH DEFINED 0106 130000
VENTRITEX INC COM 922814108 2421 130000 SH DEFINED 011614 130000
VESSEL CHARTERS INC COM 925400996 0 25000 SH DEFINED 0102 25000
VIAGENE COM 92552T105 266 54600 SH DEFINED 0106 54600
VIAGENE COM 92552T105 171 35000 SH DEFINED 011619 35000
VIAGENE COM 92552T105 214 43800 SH DEFINED 011614 43800
VIACOM INC CL B COM 925524308 7906 250000 SH DEFINED 011516 250000
VIACOM INC CL B COM 925524308 3163 100000 SH DEFINED 0131 100000
VIKING OFFICE PRODS COM 926913104 555 22200 SH DEFINED 0106 22200
VIKING OFFICE PRODS COM 926913104 3715 148600 SH DEFINED 011516 148600
VIKING OFFICE PRODS COM 926913104 695 27800 SH DEFINED 011614 27800
VIKING OFFICE PRODS COM 926913104 1017 40600 SH DEFINED 0102 40600
VIKING OFFICE PRODS COM 926913104 20 800 SH DEFINED 0103 800
VIRATEK INC COM 927648105 1116 131250 SH DEFINED 011614 131250
VIRGINIA-AMER WTR CO PREFERRED STOCK 927990200 244 2800 SH DEFINED 0113 2800
<PAGE> PAGE 72
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
VISHAY INTRTECHNOLOG COM 928298108 4101 101565 SH DEFINED 0111 101565
VISHAY INTRTECHNOLOG COM 928298108 14699 364060 SH DEFINED 0124 364060
VISHAY INTRTECHNOLOG COM 928298108 16958 420000 SH DEFINED 011516 420000
VISHAY INTRTECHNOLOG COM 928298108 14838 367500 SH DEFINED 011618 367500
VISHAY INTRTECHNOLOG COM 928298108 51 1270 SH DEFINED 0102 1270
VISHAY INTRTECHNOLOG COM 928298108 816 20200 SH DEFINED 0103 20200
VMARK SOFTWARE INC COM 928561109 3550 200000 SH DEFINED 011516 200000
VMARK SOFTWARE INC COM 928561109 1331 75000 SH DEFINED 011620 75000
VODAFONE GROUP ADR COM 92857T107 1515 20000 SH DEFINED 0106 20000
VODAFONE GROUP ADR COM 92857T107 1894 25000 SH DEFINED 011614 25000
VOLVO AB COM 928856400 211 2422 SH DEFINED 01 2422
WMX TECHNOLOGIES INC COM 92929Q107 69 2600 SH DEFINED 0102 2600
WMX TECHNOLOGIES INC COM 92929Q107 426 16094 SH DEFINED 0103 16094
WMX TECHNOLOGIES INC COM 92929Q107 1193 45000 SH DEFINED 01 45000
WABAN INC CVT CONV BOND 929394AA2 23000 25000000 PRN DEFINED 011516 25000000
WABASH NATL COM 929566107 1343 30000 SH DEFINED 011620 30000
WABASH NATL COM 929566107 2954 66000 SH DEFINED 01 66000
WACHOVIA CORP COM 929771103 187 5633 SH DEFINED 0103 5633
WAL MART STORES COM 931142103 24250 1000000 SH DEFINED 0126 1000000
WAL MART STORES COM 931142103 7275 300000 SH DEFINED 0111 300000
WAL MART STORES COM 931142103 4363 179900 SH DEFINED 0125 179900
WAL MART STORES COM 931142103 2425 100000 SH DEFINED 011622 100000
WAL MART STORES COM 931142103 5214 215000 SH DEFINED 011623 215000
WAL MART STORES COM 931142103 22189 915000 SH DEFINED 011516 915000
WAL MART STORES COM 931142103 9700 400000 SH DEFINED 011618 400000
WAL MART STORES COM 931142103 122200 5039336 SH DEFINED 0102 1692150 3347186
WAL MART STORES COM 931142103 8488 350000 SH DEFINED 0131 350000
WAL MART STORES COM 931142103 6914 285105 SH DEFINED 0103 133950 151155
WAL MART STORES COM 931142103 7483 308600 SH DEFINED 01 308600
WALGREEN CO. COM 931422109 43800 1200000 SH DEFINED 011516 1200000
WALGREEN CO. COM 931422109 2 54 SH DEFINED 0102 54
WALGREEN CO. COM 931422109 147 4030 SH DEFINED 0103 4030
WALL DATA COM 932045107 8831 225000 SH DEFINED 0130 225000
WALL DATA COM 932045107 29045 740000 SH DEFINED 011516 740000
WALL DATA COM 932045107 1374 35000 SH DEFINED 011619 35000
WALL DATA COM 932045107 1570 40000 SH DEFINED 011620 40000
WALL DATA COM 932045107 2669 68000 SH DEFINED 01 68000
WARNER LAMBERT CO COM 934488107 8250 125000 SH DEFINED 0124 125000
WARNER LAMBERT CO COM 934488107 205 3100 SH DEFINED 0125 3100
WARNER LAMBERT CO COM 934488107 26 400 SH DEFINED 0102 400
WARNER LAMBERT CO COM 934488107 387 5861 SH DEFINED 0103 5861
WAXMAN IND WARRANTS WARRANT 944124999 34 150000 SH DEFINED 0105 150000
WEBCO COM 947621108 3255 210000 SH DEFINED 011516 210000
WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0104 32502
WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0109 32502
WELLFLEET COMM INC COM 949497101 650 26000 SH DEFINED 011619 26000
WELLFLEET COMM INC COM 949497101 6940 277500 SH DEFINED 0102 277500
WELLFLEET COMM INC COM 949497101 348 13900 SH DEFINED 0103 13900
WELLMAN INC COM 949702104 5575 200000 SH DEFINED 0128 200000
WELLMAN INC COM 949702104 37159 1332990 SH DEFINED 0102 506800 826190
<PAGE> PAGE 73
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
WELLMAN INC COM 949702104 6690 240000 SH DEFINED 0131 240000
WELLS FARGO & CO COM 949740104 278 1849 SH DEFINED 0103 1849
WENDYS INTL INC COM 950590109 20313 1300000 SH DEFINED 0126 1300000
WENDYS INTL INC COM 950590109 3125 200000 SH DEFINED 0111 200000
WENDYS INTL INC COM 950590109 980 62700 SH DEFINED 0125 62700
WENDYS INTL INC COM 950590109 2500 160000 SH DEFINED 011622 160000
WENDYS INTL INC COM 950590109 5656 362000 SH DEFINED 011623 362000
WENDYS INTL INC COM 950590109 6250 400000 SH DEFINED 011618 400000
WENDYS INTL INC COM 950590109 2198 140654 SH DEFINED 0102 140654
WENDYS INTL INC COM 950590109 1187 75977 SH DEFINED 0103 46200 29777
WENDYS INTL INC COM 950590109 5658 362100 SH DEFINED 01 362100
WESTCOAST ENERGY COM 95751D102 14750 1000000 SH DEFINED 0124 1000000
WESTCOTT COMMUNICATI COM 95752F106 1385 142000 SH DEFINED 0106 142000
WESTCOTT COMMUNICATI COM 95752F106 1541 158000 SH DEFINED 011614 158000
WESTCOTT COMMUNICATI COM 95752F106 1191 122100 SH DEFINED 0102 122100
WESTCOTT COMMUNICATI COM 95752F106 22 2300 SH DEFINED 0103 2300
WESTERN ATLAS INC COM 957674104 7144 150000 SH DEFINED 0108 150000
WESTERN ATLAS INC COM 957674104 72 1521 SH DEFINED 0103 1521
WEST DEEP LEVELS ADR COM 958077208 2310 55000 SH DEFINED 0127 55000
WESTERN GAS RESOURCE CONV PFD STOCK 958259301 4826 110000 SH DEFINED 0132 110000
WESTERN RESOURCE INC PREFERRED STOCK 959425406 571 10000 SH DEFINED 0113 10000
WESTFED HLDGS SER B COM 960080109 0 13019 SH DEFINED 0104 13019
WESTFED HLDGS SER B COM 960080109 0 21699 SH DEFINED 0109 21699
WESTFED SER A PIK PREFERRED STOCK 960080208 0 42753 SH DEFINED 0104 42753
WESTFED SER A PIK PREFERRED STOCK 960080208 0 71264 SH DEFINED 0109 71264
WESTINGHOUSE ELEC COM 960402105 5151 443057 SH DEFINED 0103 431707 11350
WESTVACO CORP COM 961548104 16144 525000 SH DEFINED 0113 525000
WESTVACO CORP COM 961548104 70 2280 SH DEFINED 0103 2280
WEYERHAEUSER COM 962166104 22000 550000 SH DEFINED 0130 550000
WEYERHAEUSER COM 962166104 9000 225000 SH DEFINED 0108 225000
WEYERHAEUSER COM 962166104 17916 447900 SH DEFINED 0126 447900
WEYERHAEUSER COM 962166104 28000 700000 SH DEFINED 0124 700000
WEYERHAEUSER COM 962166104 76 1900 SH DEFINED 0125 1900
WEYERHAEUSER COM 962166104 2600 65000 SH DEFINED 0107 65000
WEYERHAEUSER COM 962166104 8000 200000 SH DEFINED 011618 200000
WEYERHAEUSER COM 962166104 116577 2914484 SH DEFINED 0102 1091000 1823484
WEYERHAEUSER COM 962166104 3016 75399 SH DEFINED 0103 67850 7549
WEYERHAEUSER COM 962166104 13480 337000 SH DEFINED 01 337000
WHIRLPOOL CORP COM 963320106 3150 60000 SH DEFINED 011618 60000
WHIRLPOOL CORP COM 963320106 121 2302 SH DEFINED 0103 2302
WHITMAN CORP COM 96647K102 54 3486 SH DEFINED 0103 3486
WHOLE FOODS MARKET COM 966837106 1550 100000 SH DEFINED 0106 100000
WHOLE FOODS MARKET COM 966837106 1550 100000 SH DEFINED 011614 100000
WILLAMETTE IND INC COM 969133107 9619 225000 SH DEFINED 0108 225000
WILLIAM COMPANIES COM 969457100 5725 200000 SH DEFINED 0132 200000
WILLIAM COMPANIES COM 969457100 283 9900 SH DEFINED 0125 9900
WILLIAM COMPANIES COM 969457100 40 1400 SH DEFINED 0102 1400
WILLIAM COMPANIES COM 969457100 208 7267 SH DEFINED 0103 7267
WILLIAMS SONOMA COM 969904101 49 1625 SH DEFINED 0102 1625
WILLIAMS SONOMA COM 969904101 787 26000 SH DEFINED 0103 26000
<PAGE> PAGE 74
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
WILMINGTON TRUST COR COM 971807102 32 1200 SH DEFINED 0102 1200
WINN-DIXIE COM 974280109 107 2499 SH DEFINED 0103 2499
WINTSON FURN COM 975629106 1800 200000 SH DEFINED 0107 200000
WINSTON HOTEL PROP COM 97563A102 326 30000 SH DEFINED 0128 30000
WINSTON HOTEL PROP COM 97563A102 2175 200000 SH DEFINED 0106 200000
WITCO CORP COM 977385103 13388 450000 SH DEFINED 0130 450000
WITCO CORP COM 977385103 2975 100000 SH DEFINED 0107 100000
WOOLWORTH CORP COM 980883102 68 4254 SH DEFINED 0103 4254
WOOLWORTH'SLTD144ADS COM 980888309 4217 200000 SH DEFINED 01 200000
WORTHINGTON IND COM 981811102 11357 613900 SH DEFINED 0108 613900
WORTHINGTON IND COM 981811102 3905 211100 SH DEFINED 0102 102900 108200
WORTHINGTON IND COM 981811102 56 3043 SH DEFINED 0103 3043
WRIGLEY WM JR CO COM 982526105 2 37 SH DEFINED 0102 37
WRIGLEY WM JR CO COM 982526105 186 3912 SH DEFINED 0103 3912
XOMA CORP WARRANTS WARRANT 983907999 1 4142 SH DEFINED 011516 4142
XILINX COM 983919101 1194 35000 SH DEFINED 011620 35000
XEROX COM 984121103 24438 250000 SH DEFINED 0130 250000
XEROX COM 984121103 58650 600000 SH DEFINED 0126 600000
XEROX COM 984121103 24438 250000 SH DEFINED 011618 250000
XEROX COM 984121103 57189 585025 SH DEFINED 0102 202000 383025
XEROX COM 984121103 1969 20129 SH DEFINED 0103 16850 3279
XEROX COM 984121103 7625 78000 SH DEFINED 01 78000
YPF COM 984245100 21488 900000 SH DEFINED 0130 900000
YPF COM 984245100 7163 300000 SH DEFINED 0108 300000
YPF COM 984245100 2388 100000 SH DEFINED 0111 100000
YPF COM 984245100 9550 400000 SH DEFINED 0124 400000
YPF COM 984245100 3163 132500 SH DEFINED 0112 132500
YPF COM 984245100 8356 350000 SH DEFINED 011516 350000
YPF COM 984245100 10266 430000 SH DEFINED 011618 430000
YPF COM 984245100 1313 55000 SH DEFINED 011620 55000
YPF COM 984245100 5840 244600 SH DEFINED 011617 244600
YPF COM 984245100 11382 476700 SH DEFINED 0131 476700
YPF COM 984245100 454 19000 SH DEFINED 0103 19000
YPF COM 984245100 8084 338600 SH DEFINED 01 338600
YELLOW CORPORATION COM 985509108 15 875 SH DEFINED 0103 875
YORK INTL CORP NEW COM 986670107 7350 200000 SH DEFINED 011618 200000
YORK INTL CORP NEW COM 986670107 1654 45000 SH DEFINED 01 45000
YOUNKERS INC COM 987767100 2538 175000 SH DEFINED 0128 175000
YOUNKERS INC COM 987767100 3770 260000 SH DEFINED 0131 260000
YOUNKERS INC COM 987767100 184 12700 SH DEFINED 0103 12700
ZENITH ELECTRONICS COM 989349105 8 911 SH DEFINED 0103 911
ZERO CORP COM 989484100 2752 222400 SH DEFINED 0128 222400
ZILOG INC COM 989524103 2600 80000 SH DEFINED 0106 80000
ZILOG INC COM 989524103 1040 32000 SH DEFINED 011619 32000
ZILOG INC COM 989524103 3413 105000 SH DEFINED 011614 105000
ZILOG INC COM 989524103 11982 368600 SH DEFINED 0102 368600
ZILOG INC COM 989524103 198 6100 SH DEFINED 0103 6100
ZURN INDUSTRIES COM 989824107 9 434 SH DEFINED 0103 434
ZOLL MEDICAL COM 989922109 1194 97500 SH DEFINED 0106 97500
ZOLL MEDICAL COM 989922109 1412 115300 SH DEFINED 011614 115300
<PAGE> PAGE 75
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ZOLL MEDICAL COM 989922109 946 77200 SH DEFINED 0131 77200
FEDERAL INCOME FUND COM 990008443 124508 10852343 SH DEFINED 0103 7911758 2940585
EQY BASE INDEX COM 990008450 108759 9258406 SH DEFINED 0103 9258406
MANAGED GIC FUND COM 990009326 110282 4967192 SH DEFINED 0103 4967192
REPORT SUMMARY 3604 DATA RECORDS 26575957 35 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
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