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Previous: WITTER DEAN REALTY INCOME PARTNERSHIP IV L P, 8-K, 1994-05-10 |
Next: BOSTON SAFE DEPOSIT & TRUST CO, 13F-E, 1994-05-10 |
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<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 03/31/94
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 05/09/94
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 7725 300000 SH DEFINED 0108 300000
ACE LIMITED COM G0070K103 9013 350000 SH DEFINED 0124 350000
ACE LIMITED COM G0070K103 15450 600000 SH DEFINED 011516 600000
EK CHOR CHINA COM G29526103 3335 145000 SH DEFINED 0106 145000
EK CHOR CHINA COM G29526103 6900 300000 SH DEFINED 0111 300000
EK CHOR CHINA COM G29526103 2484 108000 SH DEFINED 0124 108000
EK CHOR CHINA COM G29526103 1265 55000 SH DEFINED 011619 55000
EK CHOR CHINA COM G29526103 3450 150000 SH DEFINED 011614 150000
EK CHOR CHINA COM G29526103 7391 321300 SH DEFINED 0102 321300
EK CHOR CHINA COM G29526103 4140 180000 SH DEFINED 0131 180000
EK CHOR CHINA COM G29526103 168 7300 SH DEFINED 0103 7300
MIDOCEAN LTD COM G61061100 4703 175000 SH DEFINED 01 175000
ORTHOFIX INTL COM N6748L102 2783 265000 SH DEFINED 0128 265000
PANAMERICAN BEV COM P74823108 5194 150000 SH DEFINED 0130 150000
PANAMERICAN BEV COM P74823108 3463 100000 SH DEFINED 0111 100000
PANAMERICAN BEV COM P74823108 6925 200000 SH DEFINED 011516 200000
PANAMERICAN BEV COM P74823108 14 400 SH DEFINED 0102 400
PANAMERICAN BEV COM P74823108 201 5800 SH DEFINED 0103 5800
PANAMERICAN BEV COM P74823108 173 5000 SH DEFINED 01 5000
ROYAL CARIBBEAN COM V7780T103 8293 333400 SH DEFINED 0124 333400
ADC TELECOM COM 000886101 3530 92300 SH DEFINED 0106 92300
ADC TELECOM COM 000886101 3645 95300 SH DEFINED 011614 95300
ADC TELECOM COM 000886101 11122 290750 SH DEFINED 0102 290750
ADC TELECOM COM 000886101 4525 118300 SH DEFINED 0131 118300
ADC TELECOM COM 000886101 122 3200 SH DEFINED 0103 3200
AER ENERGY COM 000944108 1750 200000 SH DEFINED 011614 200000
AGCO CORP $25 CONV PFD STOCK 001084201 4675 100000 SH DEFINED 0107 100000
ALC COMMUNICATIONS I COM 001575307 5809 174700 SH DEFINED 0106 174700
ALC COMMUNICATIONS I COM 001575307 5536 166500 SH DEFINED 011614 166500
ALC COMMUNICATIONS I COM 001575307 16520 496800 SH DEFINED 0102 496800
ALC COMMUNICATIONS I COM 001575307 7578 227900 SH DEFINED 0131 227900
ALC COMMUNICATIONS I COM 001575307 309 9300 SH DEFINED 0103 9300
AM INTERNATIONAL COM 001725100 4445 461802 SH DEFINED 0109 461802
AM INTERNATIONAL COM 001725100 1564 162529 SH DEFINED 0105 162529
AMLI COM 001735109 7438 350000 SH DEFINED 0113 350000
AMLI COM 001735109 1328 62500 SH DEFINED 0132 62500
AMLI COM 001735109 999 47000 SH DEFINED 0107 47000
AMR CORP DEL COM 001765106 131 2300 SH DEFINED 0125 2300
AMR CORP DEL COM 001765106 2850 50000 SH DEFINED 011618 50000
AMR CORP DEL COM 001765106 65939 1156670 SH DEFINED 0102 375950 780720
AMR CORP DEL COM 001765106 3367 59068 SH DEFINED 0103 55900 3168
AMR CORP DEL COM 001765106 5643 99000 SH DEFINED 01 99000
AMR CORP 144A $50 CONV PFD STOCK 001765882 19575 450000 SH DEFINED 0113 450000
AMR CORP 144A $50 CONV PFD STOCK 001765882 4350 100000 SH DEFINED 0132 100000
AMR CORP 144A $50 CONV PFD STOCK 001765882 4350 100000 SH DEFINED 0107 100000
AMR CORP 144A $50 CONV PFD STOCK 001765882 8700 200000 SH DEFINED 011516 200000
AMR CORP 144A $50 CONV PFD STOCK 001765882 5220 120000 SH DEFINED 011618 120000
AMR CORP 144A $50 CONV PFD STOCK 001765882 4350 100000 SH DEFINED 0131 100000
ARCO CHEMICAL CO COM 001920107 25516 575000 SH DEFINED 0113 575000
ARCO CHEMICAL CO COM 001920107 6656 150000 SH DEFINED 0107 150000
<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
ARCO CHEMICAL CO COM 001920107 9430 212500 SH DEFINED 0131 212500
ARCO CHEMICAL CO COM 001920107 466 10500 SH DEFINED 0103 10500
ABBOTT LABS COM 002824100 7988 300000 SH DEFINED 0108 300000
ABBOTT LABS COM 002824100 18638 700000 SH DEFINED 0126 700000
ABBOTT LABS COM 002824100 7988 300000 SH DEFINED 0124 300000
ABBOTT LABS COM 002824100 650 24400 SH DEFINED 0125 24400
ABBOTT LABS COM 002824100 12938 485925 SH DEFINED 0102 231525 254400
ABBOTT LABS COM 002824100 926 34768 SH DEFINED 0103 34768
ACCLAIM ENMNT INC COM 004325205 1575 100000 SH DEFINED 0106 100000
ACCLAIM ENMNT INC COM 004325205 1654 105000 SH DEFINED 011614 105000
ACCLAIM ENMNT INC COM 004325205 2048 130000 SH DEFINED 0131 130000
ADAPTEC INC COM 00651F108 1178 65000 SH DEFINED 011620 65000
ADOBE SYSTEMS INC COM 00724F101 1698 70000 SH DEFINED 0106 70000
ADOBE SYSTEMS INC COM 00724F101 970 40000 SH DEFINED 011619 40000
ADOBE SYSTEMS INC COM 00724F101 1698 70000 SH DEFINED 011614 70000
ADOBE SYSTEMS INC COM 00724F101 5301 218600 SH DEFINED 0102 218600
ADOBE SYSTEMS INC COM 00724F101 2183 90000 SH DEFINED 0131 90000
ADOBE SYSTEMS INC COM 00724F101 257 10600 SH DEFINED 0103 10600
ADVANCED TISSUE SCI COM 00755F103 1163 150000 SH DEFINED 011614 150000
ADVANCED MICRO DEV COM 007903107 82 2662 SH DEFINED 0103 2662
ADVANTA CORP -CL A COM 007942105 1103 35000 SH DEFINED 011619 35000
ADVANTA CORP -CL A COM 007942105 788 25000 SH DEFINED 01 25000
ADVANTA B COM 007942204 2545 87000 SH DEFINED 0128 87000
ADVANTA B COM 007942204 2779 95000 SH DEFINED 0106 95000
ADVANTA B COM 007942204 2384 81500 SH DEFINED 0111 81500
ADVANTA B COM 007942204 2779 95000 SH DEFINED 011614 95000
ADVANTA B COM 007942204 17272 590500 SH DEFINED 0102 590500
ADVANTA B COM 007942204 6646 227200 SH DEFINED 0131 227200
ADVANTA B COM 007942204 802 27400 SH DEFINED 0103 22900 4500
AETNA LIFE & CAS COM 008140105 178 3353 SH DEFINED 0103 3353
AFFYMAX NV COM 008267106 1134 75000 SH DEFINED 0106 75000
AFFYMAX NV COM 008267106 756 50000 SH DEFINED 011614 50000
AFL/CIO UNITS OF COM 008270993 0 461 SH DEFINED 0102 461
AHMANSON HF & CO COM 008677106 12656 750000 SH DEFINED 0113 750000
AHMANSON HF & CO COM 008677106 866 51300 SH DEFINED 0125 51300
AHMANSON HF & CO COM 008677106 2531 150000 SH DEFINED 0107 150000
AHMANSON HF & CO COM 008677106 120 7100 SH DEFINED 0102 7100
AHMANSON HF & CO COM 008677106 4219 250000 SH DEFINED 0131 250000
AHMANSON HF & CO COM 008677106 607 35951 SH DEFINED 0103 35951
AIR PROD & CHEM COM 009158106 11156 250000 SH DEFINED 0108 250000
AIR PROD & CHEM COM 009158106 26775 600000 SH DEFINED 0124 600000
AIR PROD & CHEM COM 009158106 29702 665547 SH DEFINED 0102 294850 370697
AIR PROD & CHEM COM 009158106 2114 47351 SH DEFINED 0103 44000 3351
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 524 24500 SH DEFINED 011619 24500
AIRGAS INC COM 009363102 3846 179900 SH DEFINED 0102 179900
AIRGAS INC COM 009363102 71 3300 SH DEFINED 0103 3300
AKZO NOBEL NV ORD COM 010199990 5074 43850 SH DEFINED 0112 43850
AKZO NOBEL NV ORD COM 010199990 4768 41200 SH DEFINED 011617 41200
<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
AKZO NOBEL NV ORD COM 010199990 1539 13300 SH DEFINED 0131 13300
ALBANY INTERNATIONAL CONV BOND 012348AA6 4123 4250000 PRN DEFINED 0104 4250000
ALBANY INTERNATIONAL CONV BOND 012348AA6 4123 4250000 PRN DEFINED 011621 4250000
ALBANY INTL CORP NEW COM 012348108 1324 65000 SH DEFINED 011620 65000
ALBEMARLE CORP COM 012653101 1623 110000 SH DEFINED 0128 110000
ALBERTO CULVER COM 013068101 16 788 SH DEFINED 0103 788
ALBERTSONS INC COM 013104104 11500 400000 SH DEFINED 0108 400000
ALBERTSONS INC COM 013104104 215 7492 SH DEFINED 0103 7492
ALCAN ALUMINIUM LTD COM 013716105 145 6605 SH DEFINED 0103 6605
ALCO STANDARD COM 013788104 10475 200000 SH DEFINED 0111 200000
ALCO STANDARD COM 013788104 11784 225000 SH DEFINED 011516 225000
ALCO STANDARD COM 013788104 72 1380 SH DEFINED 0103 1380
ALCO STANDARD $50 CONV PFD STOCK 013788500 17600 275000 SH DEFINED 0130 275000
ALDILA COM 014384101 1830 120000 SH DEFINED 0106 120000
ALDILA COM 014384101 1769 116000 SH DEFINED 011614 116000
ALEXNDR & ALEX SERV COM 014476105 23 1283 SH DEFINED 0103 1283
ALLEGHENY PWR SYSTEM COM 017411109 5460 240000 SH DEFINED 0132 240000
ALLERGAN INC COM 018490102 42 2071 SH DEFINED 0103 2071
ALLIED GROUP INC COM 019220102 4608 190000 SH DEFINED 0128 190000
ALLIED SIGNAL INC COM 019512102 14650 400000 SH DEFINED 011618 400000
ALLIED SIGNAL INC COM 019512102 311 8480 SH DEFINED 0103 8480
ALLSTATE CORP COM 020002101 24 1000 SH DEFINED 0102 1000
ALLTEL CORP COM 020039103 17938 700000 SH DEFINED 0124 700000
ALLTEL 7.75 $100 PAR PREFERRED STOCK 02009*990 948 9390 SH DEFINED 0105 9390
ALUMINUM CO AMERICA COM 022249106 7163 100000 SH DEFINED 0108 100000
ALUMINUM CO AMERICA COM 022249106 25172 351472 SH DEFINED 0102 148600 202872
ALUMINUM CO AMERICA COM 022249106 7879 110000 SH DEFINED 0131 110000
ALUMINUM CO AMERICA COM 022249106 3177 44364 SH DEFINED 0103 36800 7564
ALUMINUM CO AMERICA COM 022249106 3223 45000 SH DEFINED 01 45000
ALZA COM 022615108 52 2269 SH DEFINED 0103 2269
AMERADA HESS COM 023551104 124 2761 SH DEFINED 0103 2761
AMDAHL CORP COM 023905102 22 3352 SH DEFINED 0103 3352
AMERICAN BARRICK RES COM 02451E109 5709 225000 SH DEFINED 0127 225000
AMERICAN BARRICK RES COM 02451E109 214 8421 SH DEFINED 0103 8421
AMERICAN BRANDS INC. COM 024703100 22688 750000 SH DEFINED 0113 750000
AMERICAN BRANDS INC. COM 024703100 8319 275000 SH DEFINED 0131 275000
AMERICAN BRANDS INC. COM 024703100 575 19015 SH DEFINED 0103 19015
AMERICAN CYANAMID COM 025321100 128 2762 SH DEFINED 0103 2762
AMERICAN ELEC PWR COM 025537101 13069 425000 SH DEFINED 0113 425000
AMERICAN ELEC PWR COM 025537101 7380 240000 SH DEFINED 0132 240000
AMERICAN ELEC PWR COM 025537101 329 10700 SH DEFINED 0125 10700
AMERICAN ELEC PWR COM 025537101 49 1600 SH DEFINED 0102 1600
AMERICAN ELEC PWR COM 025537101 311 10122 SH DEFINED 0103 10122
AMERICAN EXPLORATION COM 025762105 0 42 SH DEFINED 0102 42
AMERICAN EXPRESS COM 025816109 196104 7098799 SH DEFINED 0103 7098799
AMERICAN EXPRESS COM 025816109 5192 187949 SH DEFINED 01 187949
AMERICAN FREIGHTWAYS COM 02629V108 2265 114700 SH DEFINED 0106 114700
AMERICAN FREIGHTWAYS COM 02629V108 2252 114000 SH DEFINED 011614 114000
AMERICAN FREIGHTWAYS COM 02629V108 5448 276000 SH DEFINED 0102 276000
AMERICAN FREIGHTWAYS COM 02629V108 1304 66000 SH DEFINED 0131 66000
<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
AMERICAN FREIGHTWAYS COM 02629V108 99 5000 SH DEFINED 0103 5000
AMER GENERAL CORP COM 026351106 24863 900000 SH DEFINED 0113 900000
AMER GENERAL CORP COM 026351106 2763 100000 SH DEFINED 0107 100000
AMER GENERAL CORP COM 026351106 41409 1498980 SH DEFINED 0102 517500 981480
AMER GENERAL CORP COM 026351106 8288 300000 SH DEFINED 0131 300000
AMER GENERAL CORP COM 026351106 2422 87658 SH DEFINED 0103 66450 21208
AMER GENERAL CORP COM 026351106 12017 435000 SH DEFINED 01 435000
AM GREETINGS CL A COM 026375105 55 2070 SH DEFINED 0103 2070
AMERICAN HEALTH PROP COM 026494104 3000 120000 SH DEFINED 0132 120000
AMER HOME PRODUCTS COM 026609107 14500 250000 SH DEFINED 0113 250000
AMER HOME PRODUCTS COM 026609107 1450 25000 SH DEFINED 0107 25000
AMER HOME PRODUCTS COM 026609107 7250 125000 SH DEFINED 0131 125000
AMER HOME PRODUCTS COM 026609107 915 15769 SH DEFINED 0103 15769
AMERICAN INTL GROUP COM 026874107 42063 500000 SH DEFINED 0126 500000
AMERICAN INTL GROUP COM 026874107 157138 1867865 SH DEFINED 0102 689185 1178680
AMERICAN INTL GROUP COM 026874107 7164 85166 SH DEFINED 0103 75750 9416
AMERICAN INTL GROUP COM 026874107 3197 38000 SH DEFINED 01 38000
AMERICAN MANAGEMENT COM 027352103 2748 140000 SH DEFINED 0106 140000
AMERICAN MANAGEMENT COM 027352103 883 45000 SH DEFINED 011619 45000
AMERICAN MANAGEMENT COM 027352103 2846 145000 SH DEFINED 011614 145000
AMERICAN MANAGEMENT COM 027352103 2506 127600 SH DEFINED 0102 127600
AMERICAN MANAGEMENT COM 027352103 3533 180000 SH DEFINED 0131 180000
AMERICAN MANAGEMENT COM 027352103 47 2400 SH DEFINED 0103 2400
AMERICAN PRESIDENT COM 029103108 3169 130000 SH DEFINED 0128 130000
AMERICAN PRESIDENT COM 029103108 2389 98000 SH DEFINED 0107 98000
AMERICAN STORES CO COM 030096101 67 1300 SH DEFINED 0125 1300
AMERICAN STORES CO COM 030096101 10 200 SH DEFINED 0102 200
AMERICAN STORES CO COM 030096101 132 2570 SH DEFINED 0103 2570
AMERICAN TEL&TEL CVT CONV BOND 030177CA5 5000 5000000 PRN DEFINED 011618 5000000
AT & T COM 030177109 9738 190000 SH DEFINED 0132 190000
AT & T COM 030177109 671 13100 SH DEFINED 0125 13100
AT & T COM 030177109 200 3900 SH DEFINED 0102 3900
AT & T COM 030177109 2323 45331 SH DEFINED 0103 45331
AMERICAN WATERWORKS COM 030411102 512 18300 SH DEFINED 0132 18300
AMERITECH CORP COM 030954101 609 15970 SH DEFINED 0103 15970
AMGEN INC COM 031162100 2678 70000 SH DEFINED 0106 70000
AMGEN INC COM 031162100 15300 400000 SH DEFINED 0124 400000
AMGEN INC COM 031162100 195 5100 SH DEFINED 0125 5100
AMGEN INC COM 031162100 19699 515000 SH DEFINED 011516 515000
AMGEN INC COM 031162100 2869 75000 SH DEFINED 011614 75000
AMGEN INC COM 031162100 729 19064 SH DEFINED 0102 19064
AMGEN INC COM 031162100 3443 90000 SH DEFINED 0131 90000
AMGEN INC COM 031162100 238 6243 SH DEFINED 0103 6243
AMGEN INC COM 031162100 2295 60000 SH DEFINED 01 60000
AMP COM 031897101 184 3056 SH DEFINED 0103 3056
AMOCO CORP COM 031905102 23906 450000 SH DEFINED 0130 450000
AMOCO CORP COM 031905102 21250 400000 SH DEFINED 0113 400000
AMOCO CORP COM 031905102 9031 170000 SH DEFINED 0132 170000
AMOCO CORP COM 031905102 13281 250000 SH DEFINED 0124 250000
AMOCO CORP COM 031905102 3984 75000 SH DEFINED 0107 75000
<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
AMOCO CORP COM 031905102 14344 270000 SH DEFINED 011618 270000
AMOCO CORP COM 031905102 34398 647475 SH DEFINED 0102 270400 377075
AMOCO CORP COM 031905102 9297 175000 SH DEFINED 0131 175000
AMOCO CORP COM 031905102 4721 88840 SH DEFINED 0103 65550 23290
AMOCO CORP COM 031905102 5313 100000 SH DEFINED 01 100000
AMPHENOL CORP COM 032094203 2900 200000 SH DEFINED 0124 200000
AMPHENOL CORP COM 032094203 1378 95000 SH DEFINED 011620 95000
AMPHENOL CORP COM 032094203 2755 190000 SH DEFINED 01 190000
AMSOUTH BANCORPORATI COM 032165102 5950 200000 SH DEFINED 0128 200000
AMTECH CORP COM 032329104 2188 125000 SH DEFINED 0106 125000
AMTECH CORP COM 032329104 2275 130000 SH DEFINED 011614 130000
AMTECH CORP COM 032329104 1167 66750 SH DEFINED 0102 66750
AMTECH CORP COM 032329104 2800 160000 SH DEFINED 0131 160000
AMTECH CORP COM 032329104 19 1075 SH DEFINED 0103 1075
AMYLIN PHARM COM 032346108 1828 170000 SH DEFINED 0106 170000
AMYLIN PHARM COM 032346108 1828 170000 SH DEFINED 011614 170000
ANACOMP INC WRNTS WARRANT 032375123 396 166930 SH DEFINED 0109 166930
ANACOMP 8.25 SER 1 PREFERRED STOCK 032375404 1863 50000 SH DEFINED 0109 50000
ANACOMP 8.25 SER 1 PREFERRED STOCK 032375404 373 10000 SH DEFINED 0131 10000
ANDREW CORP COM 034425108 3064 95000 SH DEFINED 0106 95000
ANDREW CORP COM 034425108 14513 450000 SH DEFINED 0111 450000
ANDREW CORP COM 034425108 643 19950 SH DEFINED 0125 19950
ANDREW CORP COM 034425108 1451 45000 SH DEFINED 011619 45000
ANDREW CORP COM 034425108 2903 90000 SH DEFINED 011614 90000
ANDREW CORP COM 034425108 8541 264900 SH DEFINED 0102 264900
ANDREW CORP COM 034425108 4031 125000 SH DEFINED 0131 125000
ANDREW CORP COM 034425108 416 12889 SH DEFINED 0103 4050 8839
ANDREW CORP COM 034425108 94 2900 SH DEFINED 01 2900
ANESTA COM 034603100 998 95000 SH DEFINED 0106 95000
ANESTA COM 034603100 347 33000 SH DEFINED 011619 33000
ANESTA COM 034603100 945 90000 SH DEFINED 011614 90000
ANHEUSER BUSCH CO COM 035229103 423 7983 SH DEFINED 0103 7983
AON CORP COM 037389103 19200 400000 SH DEFINED 0113 400000
AON CORP COM 037389103 8400 175000 SH DEFINED 0131 175000
AON CORP COM 037389103 384 8000 SH DEFINED 0103 8000
APPLE COMPUTER COM 037833100 118 3550 SH DEFINED 0103 3550
APPLE SOUTH INC COM 037857109 1068 49000 SH DEFINED 0102 49000
APPLE SOUTH INC COM 037857109 22 1000 SH DEFINED 0103 1000
APPLEBEES INTL INC COM 037899101 3662 164600 SH DEFINED 0102 164600
APPLEBEES INTL INC COM 037899101 67 3000 SH DEFINED 0103 3000
APPLIED DIGITAL ACCS COM 038181103 223 13800 SH DEFINED 0106 13800
APPLIED DIGITAL ACCS COM 038181103 63 3900 SH DEFINED 011619 3900
APPLIED DIGITAL ACCS COM 038181103 232 14400 SH DEFINED 011614 14400
APPLIED MATERIALS COM 038222105 6675 150000 SH DEFINED 0106 150000
APPLIED MATERIALS COM 038222105 6008 135000 SH DEFINED 011614 135000
APPLIED MATERIALS COM 038222105 13 300 SH DEFINED 0102 300
APPLIED MATERIALS COM 038222105 8455 190000 SH DEFINED 0131 190000
APPLIED MATERIALS COM 038222105 182 4100 SH DEFINED 0103 4100
ARCHER DANIELS MDLND COM 039483102 244 10180 SH DEFINED 0103 10180
ARDEN COM 039780101 490 35000 SH DEFINED 011619 35000
<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
ARIZONA PUB SER V PREFERRED STOCK 040555799 3150 30000 SH DEFINED 01 30000
ARIZONA PUB SVC $100 PREFERRED STOCK 040555815 5675 50000 SH DEFINED 0105 50000
ARIZONA $100 PREFERRED STOCK 040555823 4568 45000 SH DEFINED 0105 45000
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 3581 38100 SH DEFINED 01 38100
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 2162 23000 SH DEFINED 0116 23000
ARKLA INC COM 041237108 17294 2561989 SH DEFINED 0103 2561989
ARMCO INC COM 042170100 231 48506 SH DEFINED 0103 48506
ARMSTRONG WORLD IND COM 042476101 59 1084 SH DEFINED 0103 1084
ASARCO INC COM 043413103 29 1282 SH DEFINED 0103 1282
ASHLAND OIL COM 044540102 72 1775 SH DEFINED 0103 1775
ATLANTIC RICHFIELD COM 048825103 23750 250000 SH DEFINED 0113 250000
ATLANTIC RICHFIELD COM 048825103 1406 14800 SH DEFINED 0110 14800
ATLANTIC RICHFIELD COM 048825103 8075 85000 SH DEFINED 0132 85000
ATLANTIC RICHFIELD COM 048825103 285 3000 SH DEFINED 0125 3000
ATLANTIC RICHFIELD COM 048825103 4750 50000 SH DEFINED 0107 50000
ATLANTIC RICHFIELD COM 048825103 38 400 SH DEFINED 0102 400
ATLANTIC RICHFIELD COM 048825103 565 5944 SH DEFINED 0103 5944
ATLANTIC RICHFIELD COM 048825103 5415 57000 SH DEFINED 01 57000
ATMEL CORP COM 049513104 2535 60000 SH DEFINED 0106 60000
ATMEL CORP COM 049513104 2535 60000 SH DEFINED 011614 60000
AUTHENTIC FITNESS COM 052661105 928 70000 SH DEFINED 011619 70000
AUTO DESK COM 052769106 12838 221350 SH DEFINED 0102 221350
AUTO DESK COM 052769106 670 11539 SH DEFINED 0103 10850 689
AUTO DATA PROC CVT CONV BOND 053015AC7 18450 45000000 PRN DEFINED 0130 45000000
AUTOMATIC DATA PROC. COM 053015103 25625 500000 SH DEFINED 011516 500000
AUTOMATIC DATA PROC. COM 053015103 170 3300 SH DEFINED 0102 1200 2100
AUTOMATIC DATA PROC. COM 053015103 217 4240 SH DEFINED 0103 4240
AUTOMOTIVE IND COM 05329E102 15000 500000 SH DEFINED 0124 500000
AUTOMOTIVE IND COM 05329E102 1800 60000 SH DEFINED 011619 60000
AUTOMOTIVE IND COM 05329E102 11217 373900 SH DEFINED 0102 373900
AUTOMOTIVE IND COM 05329E102 204 6800 SH DEFINED 0103 6800
AUTOTOTE CORP COM 053323101 1560 80000 SH DEFINED 011619 80000
AUTOZONE COM 053332102 27 500 SH DEFINED 0102 500
AUTOZONE COM 053332102 392 7200 SH DEFINED 0103 7200
AVALON COM 053469102 3300 150000 SH DEFINED 0132 150000
AVALON COM 053469102 5390 245000 SH DEFINED 0131 245000
AVALON COM 053469102 242 11000 SH DEFINED 0103 11000
AVERY DENNISON CORP COM 053611109 47 1675 SH DEFINED 0103 1675
AVID TECH COM 05367P100 1520 64000 SH DEFINED 0106 64000
AVID TECH COM 05367P100 1425 60000 SH DEFINED 011614 60000
AVID TECH COM 05367P100 2518 106000 SH DEFINED 0102 106000
AVID TECH COM 05367P100 1613 67900 SH DEFINED 0131 67900
AVID TECH COM 05367P100 50 2100 SH DEFINED 0103 2100
AVON PRODUCTS COM 054303102 117 2069 SH DEFINED 0103 2069
BB&T FINANCIAL COM 05527L106 4762 163500 SH DEFINED 0128 163500
BB&T FINANCIAL COM 05527L106 4369 150000 SH DEFINED 0131 150000
BB&T FINANCIAL COM 05527L106 204 7000 SH DEFINED 0103 7000
BCE INC COM 05534B109 18063 500000 SH DEFINED 0130 500000
BCE INC COM 05534B109 4313 119400 SH DEFINED 0131 119400
BCE INC COM 05534B109 202 5600 SH DEFINED 0103 5600
<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
BEI HOLDINGS LTD COM 055383103 1114 135000 SH DEFINED 0128 135000
BISYS GROUP COM 055472104 9004 490000 SH DEFINED 011516 490000
BISYS GROUP COM 055472104 1470 80000 SH DEFINED 011619 80000
BMC SOFTWARE INC COM 055921100 4940 80000 SH DEFINED 0106 80000
BMC SOFTWARE INC COM 055921100 4323 70000 SH DEFINED 011614 70000
BMC SOFTWARE INC COM 055921100 6175 100000 SH DEFINED 0131 100000
BAKER HUGHES COM 057224107 133 7500 SH DEFINED 0102 7500
BAKER HUGHES COM 057224107 74 4142 SH DEFINED 0103 4142
BALL CORP COM 058498106 4484 175000 SH DEFINED 0107 175000
BALL CORP COM 058498106 20 788 SH DEFINED 0103 788
BALLY GAMING INTL IN COM 058731100 2031 130000 SH DEFINED 0106 130000
BALLY GAMING INTL IN COM 058731100 6250 400000 SH DEFINED 0124 400000
BALLY GAMING INTL IN COM 058731100 1953 125000 SH DEFINED 011614 125000
BALLY GAMING INTL IN COM 058731100 2344 150000 SH DEFINED 0131 150000
BALLY MANUFACTURING COM 058732108 9 1381 SH DEFINED 0103 1381
BALTIMORE GAS & ELEC COM 059165100 21 900 SH DEFINED 0102 900
BALTIMORE GAS & ELEC COM 059165100 100 4339 SH DEFINED 0103 4339
BANC ONE CORP COM 059438101 372 11281 SH DEFINED 0103 11281
BANCO PORTUGUES ADR COM 059479303 4203 268999 SH DEFINED 01 268999
BANCO DE GALICIA COM 059538207 6350 200000 SH DEFINED 01 200000
BANCO DE SANTANDER COM 059574202 23375 500000 SH DEFINED 0130 500000
BANCO FRANCES COM 059591107 5491 175000 SH DEFINED 0130 175000
BANCO FRANCES COM 059591107 7059 225000 SH DEFINED 01 225000
BANCO FRANCES COM 059591107 1255 40000 SH DEFINED 011620 40000
BANCO FRANCES COM 059591107 7059 225000 SH DEFINED 01 225000
BAN NAC DEMEX 144A CONV BOND 059617AA8 17700 15000000 PRN DEFINED 0130 15000000
BAN NAC DEMEX 144A CONV BOND 059617AA8 11800 10000000 PRN DEFINED 0124 10000000
BAN NAC DEMEX 144A CONV BOND 059617AA8 1770 1500000 PRN DEFINED 0107 1500000
BAN NAC DEMEX 144A CONV BOND 059617AA8 1180 1000000 PRN DEFINED 011620 1000000
BANCORP HAWAII INC COM 059685107 1575 52500 SH DEFINED 011614 52500
BANCORP HAWAII INC COM 059685107 5400 180000 SH DEFINED 0131 180000
BANK OF BOSTON COM 060716107 323 13600 SH DEFINED 0125 13600
BANK OF BOSTON COM 060716107 45 1900 SH DEFINED 0102 1900
BANK OF BOSTON COM 060716107 204 8572 SH DEFINED 0103 8572
BANK AMERICA CORP COM 066050105 21656 550000 SH DEFINED 0130 550000
BANK AMERICA CORP COM 066050105 19688 500000 SH DEFINED 0113 500000
BANK AMERICA CORP COM 066050105 19688 500000 SH DEFINED 0124 500000
BANK AMERICA CORP COM 066050105 795 20200 SH DEFINED 0125 20200
BANK AMERICA CORP COM 066050105 23625 600000 SH DEFINED 011516 600000
BANK AMERICA CORP COM 066050105 62866 1596483 SH DEFINED 0102 621500 974983
BANK AMERICA CORP COM 066050105 8859 225000 SH DEFINED 0131 225000
BANK AMERICA CORP COM 066050105 3435 87252 SH DEFINED 0103 58400 28852
BANK AMERICA CORP COM 066050105 2292 58200 SH DEFINED 01 58200
BANKERS TRUST NY COM 066365107 2303 32500 SH DEFINED 0107 32500
BANKERS TRUST NY COM 066365107 175 2465 SH DEFINED 0103 2465
BANYAN CORP COM 066908104 8250 500000 SH DEFINED 0130 500000
BANYAN CORP COM 066908104 4950 300000 SH DEFINED 0108 300000
BANYAN CORP COM 066908104 9488 575000 SH DEFINED 011516 575000
BARCLAYS PLC ADR COM 06738E204 31 1000 SH DEFINED 0102 1000
C R BARD INC COM 067383109 36 1478 SH DEFINED 0103 1478
<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
BARNETT BKS INC COM 068055102 234 5300 SH DEFINED 0125 5300
BARNETT BKS INC COM 068055102 31 700 SH DEFINED 0102 700
BARNETT BKS INC COM 068055102 228 5159 SH DEFINED 0103 5159
BASSETT FURN IND. COM 070203104 1621 58427 SH DEFINED 0102 58427
BASSETT FURN IND. COM 070203104 12 418 SH DEFINED 0103 418
BAUSCH & LOMB COM 071707103 83 1775 SH DEFINED 0103 1775
BAXTER INTL INC COM 071813109 187 8282 SH DEFINED 0103 8282
BAY APARTMENT COM 072012107 1794 87000 SH DEFINED 0107 87000
BAY APARTMENT COM 072012107 2063 100000 SH DEFINED 011618 100000
BE AEROSPACE COM 073302101 2233 235000 SH DEFINED 0128 235000
BECKMAN INSTRUMENTS COM 075816108 3844 150000 SH DEFINED 0108 150000
BECKMAN INSTRUMENTS COM 075816108 3203 125000 SH DEFINED 0128 125000
BECKMAN INSTRUMENTS COM 075816108 4021 156900 SH DEFINED 011516 156900
BECKMAN INSTRUMENTS COM 075816108 5125 200000 SH DEFINED 0131 200000
BECKMAN INSTRUMENTS COM 075816108 218 8500 SH DEFINED 0103 8500
BECTON DICKINSON COM 075887109 85 2267 SH DEFINED 0103 2267
BED BATH & BEYOND IN COM 075896100 431 14875 SH DEFINED 0102 14875
BED BATH & BEYOND IN COM 075896100 365 12600 SH DEFINED 0103 12600
BELL ATLANTIC COM 077853109 10350 200000 SH DEFINED 0130 200000
BELL ATLANTIC COM 077853109 665 12853 SH DEFINED 0103 12853
BELL SOUTH COM 079860102 17325 300000 SH DEFINED 0113 300000
BELL SOUTH COM 079860102 5775 100000 SH DEFINED 0132 100000
BELL SOUTH COM 079860102 6537 113200 SH DEFINED 0125 113200
BELL SOUTH COM 079860102 895 15500 SH DEFINED 0102 15500
BELL SOUTH COM 079860102 3487 60391 SH DEFINED 0103 60391
A.H BELO SER A COM 080555105 14366 299300 SH DEFINED 0102 299300
A.H BELO SER A COM 080555105 216 4500 SH DEFINED 0103 4500
BEMIS CO. COM 081437105 32 1478 SH DEFINED 0103 1478
BENEFICIAL CORP COM 081721102 21975 600000 SH DEFINED 0130 600000
BENEFICIAL CORP COM 081721102 21975 600000 SH DEFINED 0113 600000
BENEFICIAL CORP COM 081721102 7325 200000 SH DEFINED 0131 200000
BENEFICIAL CORP COM 081721102 413 11278 SH DEFINED 0103 11278
BERG ELECTRONICS HLD COM 083726109 1233 770400 SH DEFINED 0109 770400
BERGEN BRUNSWIG CL A COM 083739102 2295 137000 SH DEFINED 0128 137000
BERGEN BRUNSWIG CL A COM 083739102 3305 197300 SH DEFINED 0124 197300
BERGEN BRUNSWIG CL A COM 083739102 2878 171800 SH DEFINED 0131 171800
BERGEN BRUNSWIG CL A COM 083739102 149 8900 SH DEFINED 0103 8900
BEST BUY CO COM 086516101 19163 300000 SH DEFINED 0126 300000
BEST BUY CO COM 086516101 19 300 SH DEFINED 0102 300
BEST BUY CO COM 086516101 262 4100 SH DEFINED 0103 4100
BETHLEHEM STEEL COM 087509105 148 7400 SH DEFINED 0125 7400
BETHLEHEM STEEL COM 087509105 7742 387133 SH DEFINED 0102 151000 236133
BETHLEHEM STEEL COM 087509105 854 42723 SH DEFINED 0103 36962 5761
BETHLEHEM STEEL COM 087509105 3680 184000 SH DEFINED 01 184000
BETH STEEL $50 144A CONV PFD STOCK 087509501 17100 300000 SH DEFINED 0130 300000
BETH STEEL $50 144A CONV PFD STOCK 087509501 5700 100000 SH DEFINED 0107 100000
BETH STEEL $50 144A CONV PFD STOCK 087509501 11400 200000 SH DEFINED 011516 200000
BEVERLY ENTERPRISES COM 087851101 3938 300000 SH DEFINED 011516 300000
BEVERLY ENTERPRISES COM 087851101 2625 200000 SH DEFINED 011618 200000
BEVERLY ENTERPRISES COM 087851101 30 2268 SH DEFINED 0103 2268
<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
BIOCHEM PHARMA INC COM 09058T108 547 55000 SH DEFINED 011619 55000
BIOGEN INC COM 090597105 1286 37000 SH DEFINED 0106 37000
BIOGEN INC COM 090597105 6950 200000 SH DEFINED 0111 200000
BIOGEN INC COM 090597105 1390 40000 SH DEFINED 011614 40000
BIOGEN INC COM 090597105 8310 239100 SH DEFINED 0102 239100
BIOGEN INC COM 090597105 1668 48000 SH DEFINED 0131 48000
BIOGEN INC COM 090597105 501 14400 SH DEFINED 0103 14400
BIOMET COM 090613100 35 3451 SH DEFINED 0103 3451
BIRMINGHAM STEEL COR COM 091250100 8550 300000 SH DEFINED 0111 300000
BIRMINGHAM STEEL COR COM 091250100 1425 50000 SH DEFINED 011622 50000
BIRMINGHAM STEEL COR COM 091250100 3192 112000 SH DEFINED 011623 112000
BIRMINGHAM STEEL COR COM 091250100 1283 45000 SH DEFINED 011620 45000
BIRMINGHAM STEEL COR COM 091250100 5929 208000 SH DEFINED 0102 208000
BIRMINGHAM STEEL COR COM 091250100 100 3500 SH DEFINED 0103 3500
BIRMINGHAM STEEL COR COM 091250100 2497 87600 SH DEFINED 01 87600
BLACK & DECKER COM 091797100 16 800 SH DEFINED 0125 800
BLACK & DECKER COM 091797100 1220 59541 SH DEFINED 0102 59541
BLACK & DECKER COM 091797100 59 2864 SH DEFINED 0103 2864
EW BLANCH COM 093210102 10050 600000 SH DEFINED 0124 600000
BLOCK H&R INC COM 093671105 38700 900000 SH DEFINED 0126 900000
BLOCK H&R INC COM 093671105 2322 54000 SH DEFINED 011622 54000
BLOCK H&R INC COM 093671105 5160 120000 SH DEFINED 011623 120000
BLOCK H&R INC COM 093671105 17200 400000 SH DEFINED 011516 400000
BLOCK H&R INC COM 093671105 157 3657 SH DEFINED 0103 3657
BLOCKBUSTER ENTRTNMT COM 093676104 5050 200000 SH DEFINED 0111 200000
BLOCKBUSTER ENTRTNMT COM 093676104 12625 500000 SH DEFINED 0124 500000
BLOCKBUSTER ENTRTNMT COM 093676104 12878 510000 SH DEFINED 011516 510000
BLOCKBUSTER ENTRTNMT COM 093676104 162 6434 SH DEFINED 0103 6434
BOATMEN'S BANCSHARES COM 096650106 88 2958 SH DEFINED 0103 2958
BOEING COM 097023105 1122 25000 SH DEFINED 0108 25000
BOEING COM 097023105 5569 124100 SH DEFINED 0131 124100
BOEING COM 097023105 707 15756 SH DEFINED 0103 15756
BOEING COM 097023105 898 20000 SH DEFINED 01 20000
BOISE CASCADE COM 097383103 225 9900 SH DEFINED 0125 9900
BOISE CASCADE COM 097383103 32 1400 SH DEFINED 0102 1400
BOISE CASCADE COM 097383103 116 5084 SH DEFINED 0103 5084
BOISE CASCADE YES E PREFERRED STOCK 097383608 3088 135000 SH DEFINED 0107 135000
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 3185 140000 SH DEFINED 0132 140000
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 6825 300000 SH DEFINED 0107 300000
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 6825 300000 SH DEFINED 01 300000
BOMBAY INC COM 097924104 4726 190000 SH DEFINED 0106 190000
BOMBAY INC COM 097924104 4726 190000 SH DEFINED 011614 190000
BOMBAY INC COM 097924104 10092 405700 SH DEFINED 0102 405700
BOMBAY INC COM 097924104 168 6750 SH DEFINED 0103 6750
BORDEN INC COM 099599102 55 4141 SH DEFINED 0103 4141
BOSTON CO SPECIAL COM 100583509 3547 215632 SH DEFINED 01 215632
BOSTON SCIENTIFIC COM 101137107 10800 800000 SH DEFINED 0111 800000
BOSTON SCIENTIFIC COM 101137107 4388 325000 SH DEFINED 011516 325000
BOSTON SCIENTIFIC COM 101137107 823 60899 SH DEFINED 0102 60899
BOWATER $23.50 CONV PFD STOCK 102183407 473 20000 SH DEFINED 0107 20000
<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
BOWATER $23.50 CONV PFD STOCK 102183407 4080 172700 SH DEFINED 011516 172700
BOWATER $23.50 CONV PFD STOCK 102183407 1347 57000 SH DEFINED 011618 57000
BRADLEY REAL ESTATE COM 104583109 3500 400000 SH DEFINED 0130 400000
BRADLEY REAL ESTATE COM 104583109 1750 200000 SH DEFINED 0107 200000
BRADLEY REAL ESTATE COM 104583109 1925 220000 SH DEFINED 0131 220000
BRADLEY REAL ESTATE COM 104583109 92 10500 SH DEFINED 0103 10500
C BREWER HOMES COM 107575102 3125 250000 SH DEFINED 0124 250000
BRIGGS & STRATTON COM 109043109 41 494 SH DEFINED 0103 494
BRIGHTON CORP PER PREFERRED STOCK 1093319A8 50000 50000 SH DEFINED 01 50000
BRINKER INT'L INC COM 109641100 21563 750000 SH DEFINED 0126 750000
BRINKER INT'L INC COM 109641100 8194 285000 SH DEFINED 0106 285000
BRINKER INT'L INC COM 109641100 17250 600000 SH DEFINED 0111 600000
BRINKER INT'L INC COM 109641100 4744 165000 SH DEFINED 011622 165000
BRINKER INT'L INC COM 109641100 10781 375000 SH DEFINED 011623 375000
BRINKER INT'L INC COM 109641100 8194 285000 SH DEFINED 011614 285000
BRINKER INT'L INC COM 109641100 28104 977475 SH DEFINED 0102 977475
BRINKER INT'L INC COM 109641100 10350 360000 SH DEFINED 0131 360000
BRINKER INT'L INC COM 109641100 925 32175 SH DEFINED 0103 32175
BRISTOL MYERS SQUIBB COM 110122108 20650 400000 SH DEFINED 0130 400000
BRISTOL MYERS SQUIBB COM 110122108 20650 400000 SH DEFINED 0113 400000
BRISTOL MYERS SQUIBB COM 110122108 15488 300000 SH DEFINED 0124 300000
BRISTOL MYERS SQUIBB COM 110122108 2581 50000 SH DEFINED 0107 50000
BRISTOL MYERS SQUIBB COM 110122108 7744 150000 SH DEFINED 0131 150000
BRISTOL MYERS SQUIBB COM 110122108 1175 22770 SH DEFINED 0103 22770
BRITISH GAS PLC ADR COM 110901402 7853 175000 SH DEFINED 0132 175000
BROADWAY & SEYMOUR I COM 111433108 2000 160000 SH DEFINED 011619 160000
BROOKLYN UNION GAS COM 114259104 6531 275000 SH DEFINED 0132 275000
BROWN FORMAN CL B COM 115637209 67 788 SH DEFINED 0103 788
BROWN GROUP INC COM 115657108 18 493 SH DEFINED 0103 493
BROWNING FERRIS IND COM 115885105 127 5028 SH DEFINED 0103 5028
BRUNO'S INC COM 116881103 18 2267 SH DEFINED 0103 2267
BRUNSWICK CORP COM 117043109 60 2860 SH DEFINED 0103 2860
BUFETE ADS COM 11942H100 3400 100000 SH DEFINED 01 100000
BUFETE ADS COM 11942H100 3060 90000 SH DEFINED 0107 90000
BAESA COM 119424208 6460 190000 SH DEFINED 01 190000
BUFFETS INC COM 119882108 4350 200000 SH DEFINED 0106 200000
BUFFETS INC COM 119882108 4459 205000 SH DEFINED 011614 205000
BUFFETS INC COM 119882108 14901 685100 SH DEFINED 0102 685100
BUFFETS INC COM 119882108 6525 300000 SH DEFINED 0131 300000
BUFFETS INC COM 119882108 274 12600 SH DEFINED 0103 12600
BURLINGTON INDUSTRY COM 121693105 4159 275000 SH DEFINED 0128 275000
BURLINGTON INDUSTRY COM 121693105 5294 350000 SH DEFINED 011618 350000
BURLINGTON INDUSTRY COM 121693105 7941 525000 SH DEFINED 0131 525000
BURLINGTON INDUSTRY COM 121693105 378 25000 SH DEFINED 0103 25000
BURLINGTON NO INC COM 121897102 158 2663 SH DEFINED 0103 2663
BURLINGTON RESOURCES COM 122014103 162 3812 SH DEFINED 0103 3812
BURNHAM PACIFIC PPTY COM 12232C108 3625 200000 SH DEFINED 0132 200000
BURNHAM PACIFIC PPTY COM 12232C108 7250 400000 SH DEFINED 0107 400000
C G SMITH COM 124650995 0 90 SH DEFINED 0110 90
CBS INC COM 124845108 36720 120000 SH DEFINED 0126 120000
<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
CBS INC COM 124845108 151 494 SH DEFINED 0103 494
CBS CVT PREF SER B PREFERRED STOCK 1248452*8 10800 50000 SH DEFINED 01 50000
CIGNA CORP COM 125509109 25234 425000 SH DEFINED 0130 425000
CIGNA CORP COM 125509109 2969 50000 SH DEFINED 0107 50000
CIGNA CORP COM 125509109 123 2070 SH DEFINED 0103 2070
CNA FINANCIAL COM 126117100 510 7900 SH DEFINED 0125 7900
CNA FINANCIAL COM 126117100 71 1100 SH DEFINED 0102 1100
CNA FINANCIAL COM 126117100 206 3200 SH DEFINED 0103 3200
CPC INTL COM 126149103 9475 200000 SH DEFINED 011516 200000
CPC INTL COM 126149103 19 400 SH DEFINED 0102 400
CPC INTL COM 126149103 215 4536 SH DEFINED 0103 4536
CSX CORP COM 126408103 22550 275000 SH DEFINED 0130 275000
CSX CORP COM 126408103 11070 135000 SH DEFINED 0108 135000
CSX CORP COM 126408103 82000 1000000 SH DEFINED 0126 1000000
CSX CORP COM 126408103 30750 375000 SH DEFINED 0124 375000
CSX CORP COM 126408103 115 1400 SH DEFINED 0125 1400
CSX CORP COM 126408103 5986 73000 SH DEFINED 011622 73000
CSX CORP COM 126408103 13120 160000 SH DEFINED 011623 160000
CSX CORP COM 126408103 9430 115000 SH DEFINED 011516 115000
CSX CORP COM 126408103 16400 200000 SH DEFINED 011618 200000
CSX CORP COM 126408103 127154 1550656 SH DEFINED 0102 580475 970181
CSX CORP COM 126408103 5770 70356 SH DEFINED 0103 66700 3656
CSX CORP COM 126408103 5986 73000 SH DEFINED 01 73000
CUC INT'L INC COM 126545102 3308 105000 SH DEFINED 0106 105000
CUC INT'L INC COM 126545102 9450 300000 SH DEFINED 011618 300000
CUC INT'L INC COM 126545102 3150 100000 SH DEFINED 011614 100000
CUC INT'L INC COM 126545102 22350 709500 SH DEFINED 0102 709500
CUC INT'L INC COM 126545102 4253 135000 SH DEFINED 0131 135000
CUC INT'L INC COM 126545102 538 17100 SH DEFINED 0103 17100
CABLE & WIRELESS PLC COM 126830207 12150 600000 SH DEFINED 0111 600000
CABLE & WIRELESS PLC COM 126830207 4050 200000 SH DEFINED 0132 200000
CABLE & WIRELESS PLC COM 126830207 2025 100000 SH DEFINED 011622 100000
CABLE & WIRELESS PLC COM 126830207 4374 216000 SH DEFINED 011623 216000
CABLE & WIRELESS PLC COM 126830207 12150 600000 SH DEFINED 011516 600000
CABLE & WIRELESS PLC COM 126830207 2835 140000 SH DEFINED 011618 140000
CABLE & WIRELESS PLC COM 126830207 2421 119540 SH DEFINED 0102 34400 85140
CABLEVISION INC COM 12686C109 2371 44000 SH DEFINED 01 44000
CABLETRON SYSTEMS COM 126920107 21850 200000 SH DEFINED 0126 200000
CABLETRON SYSTEMS COM 126920107 13765 126000 SH DEFINED 0102 126000
CABLETRON SYSTEMS COM 126920107 197 1800 SH DEFINED 0103 1800
CAESARS WORLD COM 127695104 17900 400000 SH DEFINED 0126 400000
CALGON CARBON COM 129603106 3863 300000 SH DEFINED 0128 300000
CALGON CARBON COM 129603106 1931 150000 SH DEFINED 0106 150000
CALGON CARBON COM 129603106 3863 300000 SH DEFINED 01 300000
CALGON CARBON COM 129603106 4286 332900 SH DEFINED 011516 332900
CALGON CARBON COM 129603106 1609 125000 SH DEFINED 011614 125000
CALGON CARBON COM 129603106 2575 200000 SH DEFINED 0131 200000
CALIFORNIA MICRO DEV COM 130439102 1825 100000 SH DEFINED 011614 100000
CALLAWAY GOLF CO COM 131193104 971 30000 SH DEFINED 011619 30000
CALLAWAY GOLF CO COM 131193104 2917 90114 SH DEFINED 0102 90114
<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
CALLAWAY GOLF CO COM 131193104 239 7400 SH DEFINED 0103 7400
CAMDEN PROP TRUST COM 133131102 3172 125000 SH DEFINED 0132 125000
CAMDEN PROP TRUST COM 133131102 3806 150000 SH DEFINED 0107 150000
CAMDEN PROP TRUST COM 133131102 1269 50000 SH DEFINED 011618 50000
CAMPBELL SOUP COM 134429109 295 7394 SH DEFINED 0103 7394
CANON SALES INC COM 138010996 5431 200000 SH DEFINED 01 200000
CAPITAL CITIES/ABC COM 139859102 337 493 SH DEFINED 0103 493
CAPITAL GAMING WTS WARRANT 1401809Y8 10 5000 SH DEFINED 0104 5000
CAPITAL GAMING WTS WARRANT 1401809Y8 25 12500 SH DEFINED 0109 12500
CAPITAL HOLDING CORP COM 140186107 20556 650000 SH DEFINED 0113 650000
CAPITAL HOLDING CORP COM 140186107 6325 200000 SH DEFINED 0131 200000
CAPITAL HOLDING CORP COM 140186107 390 12358 SH DEFINED 0103 12358
CAPSTEAD MORTGAGE CO COM 14067E100 1369 50000 SH DEFINED 0107 50000
CARDINAL DISTRIBUTIO COM 14149Y108 5713 124200 SH DEFINED 0106 124200
CARDINAL DISTRIBUTIO COM 14149Y108 36800 800000 SH DEFINED 011516 800000
CARDINAL DISTRIBUTIO COM 14149Y108 5290 115000 SH DEFINED 011614 115000
CARDINAL DISTRIBUTIO COM 14149Y108 14 300 SH DEFINED 0102 300
CARDINAL DISTRIBUTIO COM 14149Y108 1840 40000 SH DEFINED 0131 40000
CARDINAL DISTRIBUTIO COM 14149Y108 202 4400 SH DEFINED 0103 4400
CAREER HORIZON COM 141672105 690 40000 SH DEFINED 0106 40000
CAREER HORIZON COM 141672105 4744 275000 SH DEFINED 011516 275000
CAREER HORIZON COM 141672105 656 38000 SH DEFINED 011619 38000
CAREER HORIZON COM 141672105 690 40000 SH DEFINED 011614 40000
CAREMARK INT'L INC COM 141704106 9313 500000 SH DEFINED 011516 500000
CAROLINA FIRST $25 CONV PFD STOCK 143877306 1499 55000 SH DEFINED 0107 55000
CAROLINA POWER & LT COM 144141108 126 4832 SH DEFINED 0103 4832
CARTER HAW HALE 144A CONV BOND 146227AL7 1219 1000000 PRN DEFINED 0132 1000000
CARTER HAW HALE 144A CONV BOND 146227AL7 9750 8000000 PRN DEFINED 0107 8000000
CARTER HAW HALE 144A CONV BOND 146227AL7 2803 2300000 PRN DEFINED 011618 2300000
CARTER HAW HALE 144A CONV BOND 146227AL7 1219 1000000 PRN DEFINED 0131 1000000
CARTER HAWLEY HALE S COM 146227301 17500 1400000 SH DEFINED 0124 1400000
CARTER HAWLEY HALE S COM 146227301 5975 478000 SH DEFINED 0131 478000
CARTER HAWLEY HALE S COM 146227301 275 22000 SH DEFINED 0103 22000
CASCADE NATURAL GAS COM 147339105 5116 317300 SH DEFINED 0132 317300
CATALINA MKTG COM 148867104 2730 60000 SH DEFINED 0106 60000
CATALINA MKTG COM 148867104 2275 50000 SH DEFINED 011614 50000
CATALINA MKTG COM 148867104 6605 145100 SH DEFINED 0102 145100
CATALINA MKTG COM 148867104 109 2400 SH DEFINED 0103 2400
CATERPILLAR INC COM 149123101 83158 740000 SH DEFINED 0126 740000
CATERPILLAR INC COM 149123101 3068 27300 SH DEFINED 0125 27300
CATERPILLAR INC COM 149123101 7304 65000 SH DEFINED 011618 65000
CATERPILLAR INC COM 149123101 427 3800 SH DEFINED 0102 3800
CATERPILLAR INC COM 149123101 1591 14157 SH DEFINED 0103 14157
CATERPILLAR INC COM 149123101 2248 20000 SH DEFINED 01 20000
CATO CORP -CL A COM 149205106 2681 165000 SH DEFINED 0106 165000
CATO CORP -CL A COM 149205106 1300 80000 SH DEFINED 011619 80000
CATO CORP -CL A COM 149205106 2844 175000 SH DEFINED 011614 175000
CELLULAR COMM INC. COM 150917102 4450 100000 SH DEFINED 0131 100000
CELESTIAL SEASONINGS COM 151016102 4025 140000 SH DEFINED 0106 140000
CELESTIAL SEASONINGS COM 151016102 4169 145000 SH DEFINED 011614 145000
<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
CELESTIAL SEASONINGS COM 151016102 3545 123300 SH DEFINED 0131 123300
CEMEX 144A ADS CPO COM 151290301 2827 60000 SH DEFINED 011617 60000
CENTER POINT COM 151895109 2186 110000 SH DEFINED 0107 110000
CENTEX CORPORATION COM 152312104 27 887 SH DEFINED 0103 887
CENTIGRAM COM 152317103 3740 110000 SH DEFINED 0106 110000
CENTIGRAM COM 152317103 544 16000 SH DEFINED 011619 16000
CENTIGRAM COM 152317103 4063 119500 SH DEFINED 011614 119500
CENTIGRAM COM 152317103 6940 204100 SH DEFINED 0102 204100
CENTIGRAM COM 152317103 3570 105000 SH DEFINED 0131 105000
CENTIGRAM COM 152317103 126 3700 SH DEFINED 0103 3700
CENTOCOR WTS WARRANT 152342143 163 25000 SH DEFINED 0106 25000
CENTOCOR WTS WARRANT 152342143 315 48500 SH DEFINED 0131 48500
CENTRAL & S W COM 152357109 139 5620 SH DEFINED 0103 5620
CENTRAL LA ELECTRIC COM 153897608 4750 200000 SH DEFINED 0132 200000
CENTRAL PUERTO ADS COM 155038102 566 17146 SH DEFINED 0130 17146
CENTRAL PUERTO ADS COM 155038102 1178 35700 SH DEFINED 011620 35700
CENTRAL PUERTO 144A COM 155100993 1188 36000 SH DEFINED 0107 36000
CENTRAL VT PUB SRV COM 155771108 1865 98794 SH DEFINED 0103 98794
CENTURY TELEPHONE EN COM 156686107 11563 500000 SH DEFINED 0111 500000
CENTURY TELEPHONE EN COM 156686107 5319 230000 SH DEFINED 011618 230000
CEPHALON INC COM 156708109 681 50000 SH DEFINED 0106 50000
CEPHALON INC COM 156708109 681 50000 SH DEFINED 011614 50000
CERIDIAN CORP COM 15677T106 13950 600000 SH DEFINED 011516 600000
CERIDIAN CORP COM 15677T106 30 1282 SH DEFINED 0103 1282
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 11800 200000 SH DEFINED 0130 200000
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 10325 175000 SH DEFINED 011516 175000
CERNER CORP COM 156782104 1453 35000 SH DEFINED 011619 35000
CERTIFIED CAP CORP COM 15689*106 55 55000 SH DEFINED 0116 55000
CHAMPION INTL COM 158525105 80 2761 SH DEFINED 0103 2761
CHART HOUSE ENTERPRI COM 160902102 1562 112600 SH DEFINED 0106 112600
CHART HOUSE ENTERPRI COM 160902102 1564 112700 SH DEFINED 011614 112700
CHARMING SHOPPES COM 161133103 37 3056 SH DEFINED 0103 3056
CHASE MANHATTAN CORP COM 161610100 434 13400 SH DEFINED 0125 13400
CHASE MANHATTAN CORP COM 161610100 3238 100000 SH DEFINED 0107 100000
CHASE MANHATTAN CORP COM 161610100 62 1900 SH DEFINED 0102 1900
CHASE MANHATTAN CORP COM 161610100 352 10866 SH DEFINED 0103 10866
CHEMICAL BKG CORP COM 163722101 509 14000 SH DEFINED 0125 14000
CHEMICAL BKG CORP COM 163722101 69 1900 SH DEFINED 0102 1900
CHEMICAL BKG CORP COM 163722101 476 13095 SH DEFINED 0103 13095
CHEM NY SER C ARP PREFERRED STOCK 163722507 2425 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 3 27492 SH DEFINED 0109 27492
CHEVRON CORP COM 166751107 927 11000 SH DEFINED 0125 11000
CHEVRON CORP COM 166751107 118 1400 SH DEFINED 0102 1400
CHEVRON CORP COM 166751107 1203 14282 SH DEFINED 0103 14282
CHINA LGT & PWR LTD COM 169400207 13 2400 SH DEFINED 0102 2400
CHIPCOM CORP COM 169617107 3588 70000 SH DEFINED 0106 70000
CHIPCOM CORP COM 169617107 1281 25000 SH DEFINED 011619 25000
CHIPCOM CORP COM 169617107 3588 70000 SH DEFINED 011614 70000
<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
CHIPCOM CORP COM 169617107 6617 129100 SH DEFINED 0102 129100
CHIPCOM CORP COM 169617107 4869 95000 SH DEFINED 0131 95000
CHIPCOM CORP COM 169617107 113 2200 SH DEFINED 0103 2200
CHIRON COM 170040109 3945 60000 SH DEFINED 0106 60000
CHIRON COM 170040109 3814 58000 SH DEFINED 011614 58000
CHIRON COM 170040109 6884 104700 SH DEFINED 0102 104700
CHIRON COM 170040109 4997 76000 SH DEFINED 0131 76000
CHIRON COM 170040109 85 1300 SH DEFINED 0103 1300
CHRYSLER COM 171196108 98088 1900000 SH DEFINED 0126 1900000
CHRYSLER COM 171196108 408 7900 SH DEFINED 0125 7900
CHRYSLER COM 171196108 5421 105000 SH DEFINED 011622 105000
CHRYSLER COM 171196108 12287 238000 SH DEFINED 011623 238000
CHRYSLER COM 171196108 18069 350000 SH DEFINED 011618 350000
CHRYSLER COM 171196108 56768 1099612 SH DEFINED 0102 398350 701262
CHRYSLER COM 171196108 3526 68302 SH DEFINED 0103 54850 13452
CHRYSLER COM 171196108 3872 75000 SH DEFINED 01 75000
CHUBB CORP COM 171232101 1463 20000 SH DEFINED 011620 20000
CHUBB CORP COM 171232101 1785 24425 SH DEFINED 0102 6700 17725
CHUBB CORP COM 171232101 195 2663 SH DEFINED 0103 2663
CIBER COM 17163B102 1600 200000 SH DEFINED 011516 200000
CIBA GEIGY/ALZA 144A CONV BOND 17163HAA7 4100 4000000 PRN DEFINED 0131 4000000
CIFRA SA DECV ADR-B COM 171785207 3267 1150000 SH DEFINED 0106 1150000
CIFRA SA DECV ADR-B COM 171785207 3267 1150000 SH DEFINED 011614 1150000
CIFRA SA DECV ADR-B COM 171785207 6818 2400000 SH DEFINED 0131 2400000
CINCINATTI G & E COM 172070104 6600 275000 SH DEFINED 0132 275000
CINCINNATI MILACRON COM 172172108 23 986 SH DEFINED 0103 986
CIRCUIT CITY COM 172737108 57 2859 SH DEFINED 0103 2859
CISCO SYSTEMS COM 17275R102 8563 250000 SH DEFINED 0130 250000
CISCO SYSTEMS COM 17275R102 10275 300000 SH DEFINED 0108 300000
CISCO SYSTEMS COM 17275R102 106175 3100000 SH DEFINED 0126 3100000
CISCO SYSTEMS COM 17275R102 11988 350000 SH DEFINED 0106 350000
CISCO SYSTEMS COM 17275R102 20550 600000 SH DEFINED 0111 600000
CISCO SYSTEMS COM 17275R102 41100 1200000 SH DEFINED 0124 1200000
CISCO SYSTEMS COM 17275R102 6302 184000 SH DEFINED 011622 184000
CISCO SYSTEMS COM 17275R102 14111 412000 SH DEFINED 011623 412000
CISCO SYSTEMS COM 17275R102 16269 475000 SH DEFINED 011516 475000
CISCO SYSTEMS COM 17275R102 3288 96000 SH DEFINED 011618 96000
CISCO SYSTEMS COM 17275R102 4110 120000 SH DEFINED 011619 120000
CISCO SYSTEMS COM 17275R102 1541 45000 SH DEFINED 011620 45000
CISCO SYSTEMS COM 17275R102 11131 325000 SH DEFINED 011614 325000
CISCO SYSTEMS COM 17275R102 142285 4154431 SH DEFINED 0102 1222000 2932431
CISCO SYSTEMS COM 17275R102 16098 470000 SH DEFINED 0131 470000
CISCO SYSTEMS COM 17275R102 5281 154190 SH DEFINED 0103 146900 7290
CISCO SYSTEMS COM 17275R102 5371 156800 SH DEFINED 01 156800
CIRCUS CIRCUS ENT COM 172909103 6450 200000 SH DEFINED 01 200000
CITICORP COM 173034109 97500 2600000 SH DEFINED 0126 2600000
CITICORP COM 173034109 410 10945 SH DEFINED 0103 10945
CITICORP PERC CVT CONV PFD STOCK 173034430 9875 500000 SH DEFINED 011618 500000
CLARCOR INC COM 179895107 3772 192200 SH DEFINED 0128 192200
CLARK EQUIPMENT COM 181396102 35 593 SH DEFINED 0103 593
<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
CLAYTON HOMES INC COM 184190106 10563 500000 SH DEFINED 0108 500000
CLAYTON HOMES INC COM 184190106 1373 65000 SH DEFINED 011619 65000
CLEVELAND-CLIFFS IRN COM 185896107 5391 125000 SH DEFINED 0128 125000
CLOROX CO. COM 189054109 79 1577 SH DEFINED 0103 1577
COASTAL CORP COM 190441105 93 3056 SH DEFINED 0103 3056
COCA-COLA COM 191216100 40625 1000000 SH DEFINED 0126 1000000
COCA-COLA COM 191216100 24375 600000 SH DEFINED 0111 600000
COCA-COLA COM 191216100 5635 138700 SH DEFINED 0125 138700
COCA-COLA COM 191216100 3656 90000 SH DEFINED 011622 90000
COCA-COLA COM 191216100 8125 200000 SH DEFINED 011623 200000
COCA-COLA COM 191216100 15234 375000 SH DEFINED 011516 375000
COCA-COLA COM 191216100 13000 320000 SH DEFINED 011618 320000
COCA-COLA COM 191216100 17992 442850 SH DEFINED 0102 195100 247750
COCA-COLA COM 191216100 5390 132684 SH DEFINED 0103 37800 94884
COCA-COLA COM 191216100 215 5300 SH DEFINED 01 5300
FEMSA COKE COM 191241108 7528 275000 SH DEFINED 0124 275000
FEMSA COKE COM 191241108 10950 400000 SH DEFINED 011516 400000
COLGATE-PALMOLIVE COM 194162103 23150 400000 SH DEFINED 0124 400000
COLGATE-PALMOLIVE COM 194162103 26822 463530 SH DEFINED 0102 211800 251730
COLGATE-PALMOLIVE COM 194162103 1935 33439 SH DEFINED 0103 28900 4539
COLLINS & AIKMAN $25 CONV PFD STOCK 194831202 735 35000 SH DEFINED 0109 35000
COLUMBIA GAS SYSTEM COM 197648108 39 1479 SH DEFINED 0103 1479
COLUMBIA HEALTHCARE COM 197677107 8050 200000 SH DEFINED 0130 200000
COLUMBIA HEALTHCARE COM 197677107 20930 520000 SH DEFINED 0126 520000
COLUMBIA HEALTHCARE COM 197677107 2013 50000 SH DEFINED 011622 50000
COLUMBIA HEALTHCARE COM 197677107 4428 110000 SH DEFINED 011623 110000
COLUMBIA HEALTHCARE COM 197677107 6038 150000 SH DEFINED 011516 150000
COLUMBIA HEALTHCARE COM 197677107 8259 205200 SH DEFINED 011618 205200
COLUMBIA HEALTHCARE COM 197677107 1006 25000 SH DEFINED 011619 25000
COLUMBIA HEALTHCARE COM 197677107 1208 30000 SH DEFINED 011620 30000
COLUMBIA HEALTHCARE COM 197677107 177 4395 SH DEFINED 0103 4395
COLUMBIA HEALTHCARE COM 197677107 8251 205000 SH DEFINED 01 205000
COLUMBUS REALTY COM 199567108 3950 200000 SH DEFINED 0107 200000
COMCAST CORP CONV BOND 200300AR2 2231 5000000 PRN DEFINED 0104 5000000
COMCAST CORP CONV BOND 200300AR2 13298 29800000 PRN DEFINED 011516 29800000
COMCAST CORP CONV BOND 200300AR2 1562 3500000 PRN DEFINED 011621 3500000
COMCAST CORP CONV BOND 200300AR2 1116 2500000 PRN DEFINED 011620 2500000
COMCAST CORP CONV BOND 200300AR2 669 1500000 PRN DEFINED 0131 1500000
COMCAST CORPORATION COM 200300101 2356 130000 SH DEFINED 0106 130000
COMCAST CORPORATION COM 200300101 10875 600000 SH DEFINED 0111 600000
COMCAST CORPORATION COM 200300101 776 42800 SH DEFINED 0125 42800
COMCAST CORPORATION COM 200300101 1813 100000 SH DEFINED 011622 100000
COMCAST CORPORATION COM 200300101 4114 227000 SH DEFINED 011623 227000
COMCAST CORPORATION COM 200300101 6344 350000 SH DEFINED 011516 350000
COMCAST CORPORATION COM 200300101 9063 500000 SH DEFINED 011618 500000
COMCAST CORPORATION COM 200300101 2175 120000 SH DEFINED 011614 120000
COMCAST CORPORATION COM 200300101 215 11900 SH DEFINED 0102 11900
COMCAST CORPORATION COM 200300101 3081 170000 SH DEFINED 0131 170000
COMCAST CORPORATION COM 200300101 303 16700 SH DEFINED 0103 16700
COMCAST CORP CLA SPL COM 200300200 14100 800000 SH DEFINED 0126 800000
<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
COMCAST CORP CLA SPL COM 200300200 1146 65000 SH DEFINED 0106 65000
COMCAST CORP CLA SPL COM 200300200 5288 300000 SH DEFINED 0111 300000
COMCAST CORP CLA SPL COM 200300200 377 21400 SH DEFINED 0125 21400
COMCAST CORP CLA SPL COM 200300200 4406 250000 SH DEFINED 011618 250000
COMCAST CORP CLA SPL COM 200300200 1146 65000 SH DEFINED 011614 65000
COMCAST CORP CLA SPL COM 200300200 91 5200 SH DEFINED 0102 5200
COMCAST CORP CLA SPL COM 200300200 1498 85000 SH DEFINED 0131 85000
COMCAST CORP CLA SPL COM 200300200 260 14740 SH DEFINED 0103 14740
COMCAST CORP CLA SPL COM 200300200 5199 295000 SH DEFINED 01 295000
COMMNET CELLULAR INC COM 202604104 4020 240000 SH DEFINED 0106 240000
COMMNET CELLULAR INC COM 202604104 3685 220000 SH DEFINED 011614 220000
COMMNET CELLULAR INC COM 202604104 3183 190000 SH DEFINED 0131 190000
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 4397 175000 SH DEFINED 0132 175000
COMMONWEALTH EDISON COM 202795100 161 6410 SH DEFINED 0103 6410
COMMONWEALTH EDISON PREFERRED STOCK 2027959A0 10043 97500 SH DEFINED 0105 97500
COMMONWEALTH EDISON PREFERRED STOCK 202990925 4136 40153 SH DEFINED 01 40153
COMMUNICATIONS CENTR COM 203388103 675 60000 SH DEFINED 011619 60000
COMMUNITY HEALTH SYS COM 203666102 2520 120000 SH DEFINED 0128 120000
COMMUNITY PSYCH CNTR COM 204015101 5760 360000 SH DEFINED 011516 360000
COMMUNITY PSYCH CNTR COM 204015101 21 1282 SH DEFINED 0103 1282
CHILE TELEPHONE CO COM 204449201 946 10600 SH DEFINED 0112 10600
CHILE TELEPHONE CO COM 204449201 1044 11700 SH DEFINED 011617 11700
CHILE TELEPHONE CO COM 204449201 312 3500 SH DEFINED 0131 3500
PEREZ COMPANC COM 204484109 7464 600000 SH DEFINED 01 600000
PEREZ COMPANC COM 204484109 1244 100000 SH DEFINED 011620 100000
COMPAQ COMPUTER CORP COM 204493100 68425 700000 SH DEFINED 0126 700000
COMPAQ COMPUTER CORP COM 204493100 4888 50000 SH DEFINED 0111 50000
COMPAQ COMPUTER CORP COM 204493100 4888 50000 SH DEFINED 011622 50000
COMPAQ COMPUTER CORP COM 204493100 11241 115000 SH DEFINED 011623 115000
COMPAQ COMPUTER CORP COM 204493100 27153 277735 SH DEFINED 0102 105450 172285
COMPAQ COMPUTER CORP COM 204493100 13196 135000 SH DEFINED 0131 135000
COMPAQ COMPUTER CORP COM 204493100 344 3515 SH DEFINED 0103 1150 2365
COMPUTER ASSOC COM 204912109 7719 250000 SH DEFINED 0130 250000
COMPUTER ASSOC COM 204912109 3088 100000 SH DEFINED 0108 100000
COMPUTER ASSOC COM 204912109 46313 1500000 SH DEFINED 0126 1500000
COMPUTER ASSOC COM 204912109 127 4100 SH DEFINED 0125 4100
COMPUTER ASSOC COM 204912109 4323 140000 SH DEFINED 011622 140000
COMPUTER ASSOC COM 204912109 9633 312000 SH DEFINED 011623 312000
COMPUTER ASSOC COM 204912109 11115 360000 SH DEFINED 011618 360000
COMPUTER ASSOC COM 204912109 19820 642008 SH DEFINED 0102 258000 384008
COMPUTER ASSOC COM 204912109 2509 81279 SH DEFINED 0103 74550 6729
COMPUTER ASSOC COM 204912109 1315 42600 SH DEFINED 01 42600
COMPUTER SCIENCES COM 205363104 54 1479 SH DEFINED 0103 1479
COMPUWARE COM 205638109 1828 43400 SH DEFINED 0106 43400
COMPUWARE COM 205638109 2106 50000 SH DEFINED 011619 50000
COMPUWARE COM 205638109 1462 34700 SH DEFINED 011614 34700
COMPUWARE COM 205638109 5510 130800 SH DEFINED 0102 130800
<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
COMPUWARE COM 205638109 1112 26400 SH DEFINED 0131 26400
COMPUWARE COM 205638109 278 6600 SH DEFINED 0103 6600
COMSAT CORP COM 20564D107 3919 150000 SH DEFINED 0128 150000
COMSAT CORP COM 20564D107 6270 240000 SH DEFINED 011618 240000
COMSAT CORP COM 20564D107 3096 118500 SH DEFINED 0131 118500
COMSAT CORP COM 20564D107 136 5200 SH DEFINED 0103 5200
CONAGRA COM 205887102 198 7394 SH DEFINED 0103 7394
CONCORD HOLDING COM 206248106 87 6700 SH DEFINED 0106 6700
CONCORD HOLDING COM 206248106 3478 267500 SH DEFINED 011516 267500
CONCORD HOLDING COM 206248106 82 6300 SH DEFINED 011614 6300
CONNECTICUT ENERGY C COM 207567108 2758 129800 SH DEFINED 0132 129800
CONNER PERIPHERALS CONV BOND 208108AB6 8750 10000000 PRN DEFINED 0130 10000000
CONNER PERIPHERALS CONV BOND 208108AB6 4375 5000000 PRN DEFINED 0104 5000000
CONNER PERIPHERALS CONV BOND 208108AB6 5250 6000000 PRN DEFINED 0107 6000000
CONNER PERIPHERALS CONV BOND 208108AB6 11375 13000000 PRN DEFINED 011516 13000000
CONNER PERIPHERALS CONV BOND 208108AB6 2625 3000000 PRN DEFINED 011621 3000000
CONNER PERIPHERALS CONV BOND 208108AB6 8750 10000000 PRN DEFINED 011618 10000000
CONNER PERIPHERALS CONV BOND 208108AB6 1750 2000000 PRN DEFINED 0131 2000000
CONRAIL INC. COM 208368100 75819 1312825 SH DEFINED 0102 528100 784725
CONRAIL INC. COM 208368100 3631 62866 SH DEFINED 0103 60500 2366
CONRAIL INC. COM 208368100 7046 122000 SH DEFINED 01 122000
CONSECO S D $50 CVT CONV PFD STOCK 208464305 686 13000 SH DEFINED 0107 13000
CONSO COM 20854R105 4500 300000 SH DEFINED 0107 300000
CONSO COM 20854R105 975 65000 SH DEFINED 011619 65000
CONSOLIDATED EDISON COM 209111103 204 7001 SH DEFINED 0103 7001
CON FREIGHTWAYS COM 209237106 26 985 SH DEFINED 0103 985
CONSOL NAT GAS PUTOO CONV BOND 209615BL6 5200 5000000 PRN DEFINED 0132 5000000
CONSOLIDATED NAT GAS COM 209615103 110 2761 SH DEFINED 0103 2761
CONSOLIDATED STORES COM 210149100 2243 130000 SH DEFINED 0106 130000
CONSOLIDATED STORES COM 210149100 1380 80000 SH DEFINED 011619 80000
CONSOLIDATED STORES COM 210149100 2243 130000 SH DEFINED 011614 130000
CONSOLIDATED STORES COM 210149100 12 700 SH DEFINED 0102 700
CONSOLIDATED STORES COM 210149100 2933 170000 SH DEFINED 0131 170000
CONSOLIDATED STORES COM 210149100 195 11300 SH DEFINED 0103 11300
CONSOLIDATED STORES COM 210149100 8366 485000 SH DEFINED 01 485000
CONSORCIO G ADR DINA COM 210306106 1209 75000 SH DEFINED 011620 75000
CONTINENTAL BANK COM 211113105 16313 500000 SH DEFINED 0124 500000
CONTINENTAL BANK COM 211113105 11419 350000 SH DEFINED 011516 350000
CONTINENTAL CORP COM 211327101 2263 100000 SH DEFINED 0107 100000
CONTINENTAL CORP COM 211327101 36 1577 SH DEFINED 0103 1577
CONVEX COMPUTER CORP CONV BOND 212578AA6 2850 4000000 PRN DEFINED 011621 4000000
CONVEX COMPUTER CORP CONV BOND 212578AA6 1425 2000000 PRN DEFINED 0131 2000000
COOPER INDUSTRIES COM 216669101 124 3352 SH DEFINED 0103 3352
COOPER TIRE & RUBBER COM 216831107 992 38850 SH DEFINED 0102 38850
COOPER TIRE & RUBBER COM 216831107 63 2464 SH DEFINED 0103 2464
COORS ADOLPH COM 217016104 20 1084 SH DEFINED 0103 1084
CORESTATES FINANCIAL COM 218695104 18200 700000 SH DEFINED 0113 700000
CORESTATES FINANCIAL COM 218695104 90 3450 SH DEFINED 0103 3450
CORNING INC COM 219350105 8427 260260 SH DEFINED 0102 100300 159960
CORNING INC COM 219350105 928 28668 SH DEFINED 0103 22850 5818
<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
CORNING INC COM 219350105 4176 129000 SH DEFINED 01 129000
CORRPRO CO COM 220317101 1185 60000 SH DEFINED 011619 60000
COSTCO WHOLESALE CO CONV BOND 221607AB0 13763 15000000 PRN DEFINED 0124 15000000
COTT CORP QUE COM 22163N106 2333 93300 SH DEFINED 0106 93300
COTT CORP QUE COM 22163N106 2543 101700 SH DEFINED 011614 101700
COTT CORP QUE COM 22163N106 5904 236100 SH DEFINED 0102 236100
COTT CORP QUE COM 22163N106 1875 75000 SH DEFINED 0131 75000
COTT CORP QUE COM 22163N106 143 5700 SH DEFINED 0103 5700
COVENTRY CORPORATION COM 222853103 878 20000 SH DEFINED 011619 20000
COVENTRY CORPORATION COM 222853103 6458 147200 SH DEFINED 0102 147200
COVENTRY CORPORATION COM 222853103 118 2700 SH DEFINED 0103 2700
CRACKER BRL OLD CTRY COM 224100107 4681 175000 SH DEFINED 0106 175000
CRACKER BRL OLD CTRY COM 224100107 3879 145000 SH DEFINED 011614 145000
CRACKER BRL OLD CTRY COM 224100107 5885 220000 SH DEFINED 0131 220000
CRANE CO. COM 224399105 22 887 SH DEFINED 0103 887
CRAY RESEARCH INC COM 225224104 22 789 SH DEFINED 0103 789
CRIMI MAE INC. COM 226603108 2344 250000 SH DEFINED 0107 250000
CROMPTON & KNOWLES COM 227111101 13050 600000 SH DEFINED 0124 600000
CROMPTON & KNOWLES COM 227111101 870 40000 SH DEFINED 01 40000
CROSS COM CORP COM 22757K104 1375 110000 SH DEFINED 011620 110000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 908 1000000 PRN DEFINED 0104 1000000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 454 500000 PRN DEFINED 0107 500000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 681 750000 PRN DEFINED 011621 750000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 1134 1250000 PRN DEFINED 011620 1250000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 454 500000 PRN DEFINED 0131 500000
CROSS TIMBER COM 227573102 2310 165000 SH DEFINED 0128 165000
CROSS TIMBER COM 227573102 2450 175000 SH DEFINED 0124 175000
CROSS TIMBER COM 227573102 560 40000 SH DEFINED 011619 40000
CROSSLAND FEDL SVGS COM 22764B105 1345 40000 SH DEFINED 0128 40000
CROWN AMERICA COM 228186102 3781 275000 SH DEFINED 0132 275000
CROWN AMERICA COM 228186102 5500 400000 SH DEFINED 0107 400000
CROWN AMERICA COM 228186102 2613 190000 SH DEFINED 011618 190000
CROWN AMERICA COM 228186102 6672 485200 SH DEFINED 0131 485200
CROWN AMERICA COM 228186102 323 23500 SH DEFINED 0103 23500
CROWN AMERICA COM 228186102 3039 221000 SH DEFINED 01 221000
CROWN CORK & SEAL COM 228255105 9781 250000 SH DEFINED 0108 250000
CROWN CORK & SEAL COM 228255105 19563 500000 SH DEFINED 011516 500000
CROWN CORK & SEAL COM 228255105 11207 286440 SH DEFINED 0102 153670 132770
CROWN CORK & SEAL COM 228255105 104 2663 SH DEFINED 0103 2663
CROWN PKG WTS WARRANT 228443115 163 5000 SH DEFINED 0104 5000
CROWN PKG WTS WARRANT 228443115 325 10000 SH DEFINED 0109 10000
CUMMINS ENGINE COM 231021106 49 986 SH DEFINED 0103 986
CYPRESS SEMICONDCTR COM 232806109 640 40000 SH DEFINED 011619 40000
CYPRUS AMAX MINERALS COM 232809103 25988 900000 SH DEFINED 0130 900000
CYPRUS AMAX MINERALS COM 232809103 465 16100 SH DEFINED 0125 16100
CYPRUS AMAX MINERALS COM 232809103 7219 250000 SH DEFINED 011516 250000
CYPRUS AMAX MINERALS COM 232809103 5775 200000 SH DEFINED 011618 200000
CYPRUS AMAX MINERALS COM 232809103 1444 50000 SH DEFINED 011620 50000
CYPRUS AMAX MINERALS COM 232809103 46915 1624741 SH DEFINED 0102 591500 1033241
CYPRUS AMAX MINERALS COM 232809103 1857 64311 SH DEFINED 0103 55000 9311
<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
CYPRUS AMAX MINERALS COM 232809103 7883 273000 SH DEFINED 01 273000
DQE COM 23329J104 4375 140000 SH DEFINED 0132 140000
DPL INC COM 233293109 6452 324632 SH DEFINED 0103 324632
DSC COMMUNICATIONS COM 233311109 80 1584 SH DEFINED 0103 1584
DANA CORP COM 235811106 28625 500000 SH DEFINED 0130 500000
DANA CORP COM 235811106 12881 225000 SH DEFINED 0108 225000
DANA CORP COM 235811106 20038 350000 SH DEFINED 0113 350000
DANA CORP COM 235811106 3435 60000 SH DEFINED 0107 60000
DANA CORP COM 235811106 79 1380 SH DEFINED 0103 1380
DANKA BUSINESS SYS P COM 236277109 2347 59800 SH DEFINED 0106 59800
DANKA BUSINESS SYS P COM 236277109 11775 300000 SH DEFINED 0111 300000
DANKA BUSINESS SYS P COM 236277109 255 6500 SH DEFINED 011516 6500
DANKA BUSINESS SYS P COM 236277109 1570 40000 SH DEFINED 011619 40000
DANKA BUSINESS SYS P COM 236277109 2304 58700 SH DEFINED 011614 58700
DANKA BUSINESS SYS P COM 236277109 7750 197500 SH DEFINED 0102 197500
DANKA BUSINESS SYS P COM 236277109 2551 65000 SH DEFINED 0131 65000
DANKA BUSINESS SYS P COM 236277109 177 4500 SH DEFINED 0103 4500
DARLING-DELAWARE COM 237266994 0 0 SH DEFINED 0116
DATA GENERAL COM 237688106 8 986 SH DEFINED 0103 986
DAYTON HUDSON CORP COM 239753106 9125 125000 SH DEFINED 0108 125000
DAYTON HUDSON CORP COM 239753106 19710 270000 SH DEFINED 0126 270000
DAYTON HUDSON CORP COM 239753106 21900 300000 SH DEFINED 0113 300000
DAYTON HUDSON CORP COM 239753106 21900 300000 SH DEFINED 0124 300000
DAYTON HUDSON CORP COM 239753106 3650 50000 SH DEFINED 011618 50000
DAYTON HUDSON CORP COM 239753106 38608 528835 SH DEFINED 0102 220600 308235
DAYTON HUDSON CORP COM 239753106 9125 125000 SH DEFINED 0131 125000
DAYTON HUDSON CORP COM 239753106 2867 39270 SH DEFINED 0103 31500 7770
DAYTON HUDSON CORP COM 239753106 7665 105000 SH DEFINED 01 105000
DEBEERS CONS MINES COM 240253302 2401 115000 SH DEFINED 0128 115000
DEBEERS CONS MINES COM 240253302 2609 125000 SH DEFINED 0124 125000
DEBEERS CONS MINES COM 240253302 5219 250000 SH DEFINED 0131 250000
DEBEERS CONS MINES COM 240253302 240 11500 SH DEFINED 0103 11500
DEAN FOODS COM 242361103 4420 160000 SH DEFINED 0128 160000
DEAN WITTER COM 24240V101 32625 1000000 SH DEFINED 0126 1000000
DEAN WITTER COM 24240V101 1168 35800 SH DEFINED 0125 35800
DEAN WITTER COM 24240V101 2284 70000 SH DEFINED 011622 70000
DEAN WITTER COM 24240V101 5024 154000 SH DEFINED 011623 154000
DEAN WITTER COM 24240V101 9788 300000 SH DEFINED 011618 300000
DEAN WITTER COM 24240V101 1084 33298 SH DEFINED 0102 33298
DEAN WITTER COM 24240V101 5220 160000 SH DEFINED 0131 160000
DEAN WITTER COM 24240V101 652 19989 SH DEFINED 0103 19989
DEERE & COMPANY COM 244199105 204 2426 SH DEFINED 0103 2426
DELTA AIR LINES CONV BOND 247361YA0 9636 13000000 PRN DEFINED 0113 13000000
DELTA AIR LINES CONV BOND 247361YA0 2965 4000000 PRN DEFINED 0107 4000000
DELTA AIR LINES CONV BOND 247361YA0 2965 4000000 PRN DEFINED 0131 4000000
DELTA AIR LINES CONV BOND 247361YA0 593 800000 PRN DEFINED 0103 800000
DELTA AIR LINES COM 247361108 67 1479 SH DEFINED 0103 1479
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 9475 200000 SH DEFINED 0113 200000
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 2606 55000 SH DEFINED 0107 55000
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 2606 55000 SH DEFINED 0131 55000
<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
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 123 2600 SH DEFINED 0103 2600
DELUXE CORPORATION COM 248019101 219 7100 SH DEFINED 0125 7100
DELUXE CORPORATION COM 248019101 31 1000 SH DEFINED 0102 1000
DELUXE CORPORATION COM 248019101 166 5365 SH DEFINED 0103 5365
DENTSPLY INTERNATL I COM 249030107 5400 150000 SH DEFINED 0124 150000
DEPARTMENT 56 COM 249509100 1220 40000 SH DEFINED 011619 40000
DETROIT EDISON COM 250847100 115 4338 SH DEFINED 0103 4338
DEVELOPERS DIV COM 251591103 3891 125000 SH DEFINED 0130 125000
DEVELOPERS DIV COM 251591103 3891 125000 SH DEFINED 0107 125000
DEV BANK SINGAPORE COM 251594305 394 11250 SH DEFINED 0131 11250
DEVON ENERGY COM 251799102 4438 250000 SH DEFINED 0111 250000
DEVON ENERGY COM 251799102 4260 240000 SH DEFINED 0124 240000
DEVON ENERGY COM 251799102 4706 265100 SH DEFINED 0102 265100
DEVON ENERGY COM 251799102 80 4500 SH DEFINED 0103 4500
DIAL PAGE WARRANTS WARRANT 252460993 0 18902 SH DEFINED 0109 18902
DIAL CORP ARIZONA COM 252470109 58 1381 SH DEFINED 0103 1381
DIGITAL EQUIPMENT COM 253849103 116 3944 SH DEFINED 0103 3944
DIGITAL EQUIPMENT COM 253849103 885 30000 SH DEFINED 01 30000
DIGITAL LINK COM 253856108 4418 285000 SH DEFINED 011516 285000
DIMAC DIRECT COM 253914105 80 10400 SH DEFINED 0104 10400
DIMAC DIRECT COM 253914105 100 13000 SH DEFINED 0109 13000
DILLARD DEPT CLASS A COM 254063100 9213 275000 SH DEFINED 0124 275000
DILLARD DEPT CLASS A COM 254063100 40576 1211275 SH DEFINED 0102 492200 719075
DILLARD DEPT CLASS A COM 254063100 2483 74153 SH DEFINED 0103 70800 3353
DILLARD DEPT CLASS A COM 254063100 1675 50000 SH DEFINED 01 50000
DISNEY WALT CO COM 254687106 18844 450000 SH DEFINED 0126 450000
DISNEY WALT CO COM 254687106 20938 500000 SH DEFINED 0111 500000
DISNEY WALT CO COM 254687106 2513 60000 SH DEFINED 011622 60000
DISNEY WALT CO COM 254687106 5863 140000 SH DEFINED 011623 140000
DISNEY WALT CO COM 254687106 22403 535000 SH DEFINED 011516 535000
DISNEY WALT CO COM 254687106 10050 240000 SH DEFINED 011618 240000
DISNEY WALT CO COM 254687106 150 3600 SH DEFINED 0102 3600
DISNEY WALT CO COM 254687106 657 15678 SH DEFINED 0103 15678
DR PEPPER / SEVEN UP COM 256131301 4200 175000 SH DEFINED 0109 175000
DR PEPPER / SEVEN UP COM 256131301 972 40500 SH DEFINED 0131 40500
DOMINION RES INC VA COM 257470104 9000 225000 SH DEFINED 0132 225000
DOMINION RES INC VA COM 257470104 197 4930 SH DEFINED 0103 4930
DONNELLEY (RR)&SONS COM 257867101 37 1300 SH DEFINED 0125 1300
DONNELLEY (RR)&SONS COM 257867101 6 200 SH DEFINED 0102 200
DONNELLEY (RR)&SONS COM 257867101 150 5333 SH DEFINED 0103 5333
DONN-KENNY COM 258006105 179 7800 SH DEFINED 0106 7800
DONN-KENNY COM 258006105 5906 256800 SH DEFINED 011516 256800
DONN-KENNY COM 258006105 888 38600 SH DEFINED 011619 38600
DONN-KENNY COM 258006105 179 7800 SH DEFINED 011614 7800
DOVER CORP COM 260003108 61041 1019477 SH DEFINED 0103 1019477
DOW CHEMICAL COM 260543103 22547 375000 SH DEFINED 0130 375000
DOW CHEMICAL COM 260543103 30063 500000 SH DEFINED 0126 500000
DOW CHEMICAL COM 260543103 30063 500000 SH DEFINED 0113 500000
DOW CHEMICAL COM 260543103 39081 650000 SH DEFINED 0124 650000
DOW CHEMICAL COM 260543103 800 13300 SH DEFINED 0125 13300
<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
DOW CHEMICAL COM 260543103 6013 100000 SH DEFINED 0107 100000
DOW CHEMICAL COM 260543103 13228 220000 SH DEFINED 011618 220000
DOW CHEMICAL COM 260543103 75215 1251010 SH DEFINED 0102 504500 746510
DOW CHEMICAL COM 260543103 10522 175000 SH DEFINED 0131 175000
DOW CHEMICAL COM 260543103 6014 100035 SH DEFINED 0103 76450 23585
DOW CHEMICAL COM 260543103 19607 326100 SH DEFINED 01 326100
DOW JONES & CO COM 260561105 112 2957 SH DEFINED 0103 2957
DRESSER INDUSTRIES COM 261597108 1169 55000 SH DEFINED 011620 55000
DRESSER INDUSTRIES COM 261597108 88 4143 SH DEFINED 0103 4143
DRIEFONTEIN CON ADR COM 262026404 2204 205000 SH DEFINED 0127 205000
DREYFUS MONEY MARKET COM 262904204 3 3418 SH DEFINED 01 3418
E I DUPONT COM 263534109 21200 400000 SH DEFINED 0113 400000
E I DUPONT COM 263534109 1066 20115 SH DEFINED 0103 20115
DUKE POWER COMPANY COM 264399106 221 6113 SH DEFINED 0103 6113
DUKE REALTY COM 264411505 3600 150000 SH DEFINED 011618 150000
DUN & BRADSTREET CP COM 264830100 22031 375000 SH DEFINED 0113 375000
DUN & BRADSTREET CP COM 264830100 8813 150000 SH DEFINED 0131 150000
DUN & BRADSTREET CP COM 264830100 754 12825 SH DEFINED 0103 12825
DURACELL COM 26633L103 11925 300000 SH DEFINED 0111 300000
DURACELL COM 26633L103 23850 600000 SH DEFINED 0124 600000
DURACELL COM 26633L103 9938 250000 SH DEFINED 011516 250000
DURACELL COM 26633L103 8755 220120 SH DEFINED 0102 82900 137220
DURACELL COM 26633L103 1402 35250 SH DEFINED 0103 35250
DURACELL COM 26633L103 1988 50000 SH DEFINED 01 50000
ECI TELECOMMUNICATIO COM 268258100 2875 125000 SH DEFINED 0106 125000
ECI TELECOMMUNICATIO COM 268258100 2875 125000 SH DEFINED 011614 125000
ECI TELECOMMUNICATIO COM 268258100 3105 135000 SH DEFINED 0131 135000
E G & G INC COM 268457108 27 1676 SH DEFINED 0103 1676
EGSF VENTURE CAPITAL COM 268460995 33 60 SH DEFINED 0102 60
E-SYSTEMS INC COM 269157301 43 986 SH DEFINED 0103 986
E-SYSTEMS INC COM 269157301 88 2000 SH DEFINED 01 2000
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 18 691 SH DEFINED 0103 691
EASTGROUP PROPERTIES COM 277270104 1913 100000 SH DEFINED 0107 100000
EASTMAN CHEMICAL CO COM 277432100 96 2390 SH DEFINED 0103 2390
EASTMAN KODAK COM 277461109 2 38 SH DEFINED 0102 38
EASTMAN KODAK COM 277461109 429 9661 SH DEFINED 0103 9661
EATON CORP COM 278058102 45143 780000 SH DEFINED 0126 780000
EATON CORP COM 278058102 4630 80000 SH DEFINED 011622 80000
EATON CORP COM 278058102 10186 176000 SH DEFINED 011623 176000
EATON CORP COM 278058102 75264 1300476 SH DEFINED 0102 495900 804576
EATON CORP COM 278058102 2703 46720 SH DEFINED 0103 44650 2070
EATON CORP COM 278058102 4052 70000 SH DEFINED 01 70000
ECHLIN INC COM 278749106 49 1675 SH DEFINED 0103 1675
ECHO BAY FINANCE CONV PFD STOCK 27875L207 2106 50000 SH DEFINED 0127 50000
ECHO BAY MINES LTD COM 278751102 133 10000 SH DEFINED 0127 10000
ECHO BAY MINES LTD COM 278751102 42 3153 SH DEFINED 0103 3153
ECOLAB, INC. COM 278865100 3690 180000 SH DEFINED 0128 180000
ECOLAB, INC. COM 278865100 6560 320000 SH DEFINED 0131 320000
<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
ECOLAB, INC. COM 278865100 333 16274 SH DEFINED 0103 16274
EDISON WNTS 12/31/95 WARRANT 280700998 846 8000000 SH DEFINED 0107 8000000
ELAN CORP PLC ADR COM 284131208 11931 358800 SH DEFINED 0102 358800
ELAN CORP PLC ADR COM 284131208 658 19800 SH DEFINED 0103 19800
ELECTRONIC ARTS INC COM 285512109 1313 50000 SH DEFINED 0106 50000
ELECTRONIC ARTS INC COM 285512109 551 21000 SH DEFINED 011619 21000
ELECTRONIC ARTS INC COM 285512109 1969 75000 SH DEFINED 011614 75000
ELECTRONIC ARTS INC COM 285512109 9998 380850 SH DEFINED 0102 380850
ELECTRONIC ARTS INC COM 285512109 1838 70000 SH DEFINED 0131 70000
ELECTRONIC ARTS INC COM 285512109 186 7100 SH DEFINED 0103 7100
EMERSON ELECTRIC COM 291011104 20781 350000 SH DEFINED 0124 350000
EMERSON ELECTRIC COM 291011104 11875 200000 SH DEFINED 011516 200000
EMERSON ELECTRIC COM 291011104 11875 200000 SH DEFINED 011618 200000
EMERSON ELECTRIC COM 291011104 21488 361855 SH DEFINED 0102 90650 271205
EMERSON ELECTRIC COM 291011104 8906 150000 SH DEFINED 0131 150000
EMERSON ELECTRIC COM 291011104 1616 27205 SH DEFINED 0103 13600 13605
EMERSON ELECTRIC COM 291011104 297 5000 SH DEFINED 01 5000
EMPRESAS ICA SOC CVT CONV BOND 292448AC1 3581 3750000 PRN DEFINED 0107 3750000
EMPRESAS ICA S COM 292448107 2880 120000 SH DEFINED 0112 120000
EMPRESAS ICA S COM 292448107 4800 200000 SH DEFINED 011617 200000
EMPRESAS ICA S COM 292448107 1200 50000 SH DEFINED 0131 50000
EMPRESAS ICA S COM 292448107 12360 515000 SH DEFINED 01 515000
EMPRESSAS LAMODERNA COM 292449105 7050 300000 SH DEFINED 0124 300000
ENERGY BIO COM 29265L102 819 84000 SH DEFINED 0106 84000
ENERGY BIO COM 29265L102 585 60000 SH DEFINED 011614 60000
ENGELHARD CORP COM 292845104 81 2908 SH DEFINED 0103 2908
ENHANCE FINANCIAL SV COM 293310108 2719 150000 SH DEFINED 0128 150000
ENHANCE FINANCIAL SV COM 293310108 3625 200000 SH DEFINED 0131 200000
ENHANCE FINANCIAL SV COM 293310108 172 9500 SH DEFINED 0103 9500
ENRON CORP COM 293561106 22558 739600 SH DEFINED 0130 739600
ENRON CORP COM 293561106 45750 1500000 SH DEFINED 0126 1500000
ENRON CORP COM 293561106 2593 85000 SH DEFINED 0106 85000
ENRON CORP COM 293561106 12200 400000 SH DEFINED 0111 400000
ENRON CORP COM 293561106 12200 400000 SH DEFINED 0132 400000
ENRON CORP COM 293561106 15250 500000 SH DEFINED 0124 500000
ENRON CORP COM 293561106 107 3500 SH DEFINED 0125 3500
ENRON CORP COM 293561106 4270 140000 SH DEFINED 011622 140000
ENRON CORP COM 293561106 9333 306000 SH DEFINED 011623 306000
ENRON CORP COM 293561106 6207 203500 SH DEFINED 011516 203500
ENRON CORP COM 293561106 9150 300000 SH DEFINED 011618 300000
ENRON CORP COM 293561106 1122 36800 SH DEFINED 011620 36800
ENRON CORP COM 293561106 2593 85000 SH DEFINED 011614 85000
ENRON CORP COM 293561106 40168 1316995 SH DEFINED 0102 551770 765225
ENRON CORP COM 293561106 4270 140000 SH DEFINED 0131 140000
ENRON CORP COM 293561106 2551 83599 SH DEFINED 0103 75100 8499
ENRON CORP COM 293561106 6558 215000 SH DEFINED 01 215000
ENRON OIL & GAS CO COM 293562104 9619 225000 SH DEFINED 0108 225000
ENRON OIL & GAS CO COM 293562104 2779 65000 SH DEFINED 0106 65000
ENRON OIL & GAS CO COM 293562104 4275 100000 SH DEFINED 0111 100000
ENRON OIL & GAS CO COM 293562104 1368 32000 SH DEFINED 011622 32000
<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
ENRON OIL & GAS CO COM 293562104 3121 73000 SH DEFINED 011623 73000
ENRON OIL & GAS CO COM 293562104 2394 56000 SH DEFINED 011614 56000
ENRON OIL & GAS CO COM 293562104 16793 392800 SH DEFINED 0102 392800
ENRON OIL & GAS CO COM 293562104 3634 85000 SH DEFINED 0131 85000
ENRON OIL & GAS CO COM 293562104 278 6500 SH DEFINED 0103 6500
ENSERCH CORP COM 293567103 27 2072 SH DEFINED 0103 2072
ENSYS COM 293598108 488 65000 SH DEFINED 0106 65000
ENSYS COM 293598108 338 45000 SH DEFINED 011614 45000
ENTERGY CORP COM 29364G103 10001 315000 SH DEFINED 0132 315000
ENTERGY CORP COM 29364G103 194 6100 SH DEFINED 0125 6100
ENTERGY CORP COM 29364G103 29 900 SH DEFINED 0102 900
ENTERGY CORP COM 29364G103 252 7926 SH DEFINED 0103 7926
ENTERPRISE OIL COM 293779302 16200 900000 SH DEFINED 0124 900000
ENTERPRISE OIL COM 293779302 1620 90000 SH DEFINED 0107 90000
ENTERPRISE OIL COM 293779302 6488 360464 SH DEFINED 0131 360464
ENTERPRISE OIL COM 293779302 371 20597 SH DEFINED 0103 20597
ENTERRA CORP COM 293805107 4957 254200 SH DEFINED 0108 254200
ENVIRODYNE IND INC COM 294037205 1757 242372 SH DEFINED 0104 242372
ENVIRODYNE IND INC COM 294037205 5272 727116 SH DEFINED 0109 727116
ENVIRODYNE IND INC COM 294037205 659 90890 SH DEFINED 011621 90890
ENVIRODYNE IND INC COM 294037205 2812 387795 SH DEFINED 0116 387795
ENVIRODYNE IND INC COM 294037205 220 30296 SH DEFINED 0131 30296
ENVIRODYNE IND INC COM 294037205 264 36356 SH DEFINED 01 36356
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 12768 112000 SH DEFINED 0109 112000
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 3420 30000 SH DEFINED 0131 30000
EPIC HEALTHCARE COM 29425D107 3375 500000 SH DEFINED 0109 500000
EQUITABLE COS INC COM 29444G107 39375 1750000 SH DEFINED 0126 1750000
EQUITABLE COS INC COM 29444G107 3600 160000 SH DEFINED 011622 160000
EQUITABLE COS INC COM 29444G107 7875 350000 SH DEFINED 011623 350000
EQUITABLE CO 144A 50 CONV PFD STOCK 29444G305 15297 275000 SH DEFINED 0130 275000
EQUITABLE CO 144A 50 CONV PFD STOCK 29444G305 15019 270000 SH DEFINED 0124 270000
EQUITABLE CO 144A 50 CONV PFD STOCK 29444G305 5563 100000 SH DEFINED 0107 100000
EQUITABLE OF IOWA CO COM 294510300 2700 80000 SH DEFINED 0106 80000
EQUITABLE OF IOWA CO COM 294510300 2700 80000 SH DEFINED 011614 80000
EQUITABLE OF IOWA CO COM 294510300 1688 50000 SH DEFINED 0131 50000
EQUITABLE RESOURCES COM 294549100 8688 250000 SH DEFINED 0108 250000
EQUITABLE RESOURCES COM 294549100 13900 400000 SH DEFINED 0132 400000
EQUITABLE RESOURCES COM 294549100 8688 250000 SH DEFINED 0124 250000
EQUITABLE RESOURCES COM 294549100 2780 80000 SH DEFINED 011618 80000
EQUITABLE RESOURCES COM 294549100 11802 339605 SH DEFINED 0102 88700 250905
EQUITABLE RESOURCES COM 294549100 7958 229000 SH DEFINED 01 229000
EQUITY INNS COM 294703103 717 55700 SH DEFINED 0128 55700
EQUITY RESIDENTIAL COM 29476L107 3013 100000 SH DEFINED 0107 100000
ERICSSON LM 'B' ADR COM 294821400 21063 500000 SH DEFINED 0111 500000
ERICSSON LM 'B' ADR COM 294821400 2654 63000 SH DEFINED 011622 63000
ERICSSON LM 'B' ADR COM 294821400 5813 138000 SH DEFINED 011623 138000
ERICSSON LM 'B' ADR COM 294821400 5898 140000 SH DEFINED 011618 140000
ERICSSON LM 'B' ADR COM 294821400 126 3000 SH DEFINED 0102 3000
ERICSSON LM ADR'S COM 294821509 20313 12500000 SH DEFINED 0130 12500000
ERICSSON LM ADR'S COM 294821509 6147 3782609 SH DEFINED 0132 3782609
<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
ERICSSON LM ADR'S COM 294821509 15049 9260870 SH DEFINED 0124 9260870
ERICSSON LM ADR'S COM 294821509 14048 8645000 SH DEFINED 011516 8645000
ETHYL CORP COM 297659104 10897 898700 SH DEFINED 0113 898700
ETHYL CORP COM 297659104 2668 220000 SH DEFINED 0128 220000
ETHYL CORP COM 297659104 5454 449800 SH DEFINED 0107 449800
ETHYL CORP COM 297659104 7636 629800 SH DEFINED 0131 629800
ETHYL CORP COM 297659104 348 28700 SH DEFINED 0103 28700
EXECUTIVE RISK COM 301586103 1447 128590 SH DEFINED 0113 128590
EXPRESS SCRIPT COM 302182100 4940 95000 SH DEFINED 011516 95000
EXPRESS SCRIPT COM 302182100 1300 25000 SH DEFINED 011619 25000
EXXON COM 302290101 2307 36694 SH DEFINED 0103 36694
F & M BANCORPORATION COM 302371109 318 16000 SH DEFINED 0128 16000
FMC CORP COM 302491303 47 985 SH DEFINED 0103 985
FPL GROUP INC. COM 302571104 6128 185000 SH DEFINED 0132 185000
FPL GROUP INC. COM 302571104 180 5423 SH DEFINED 0103 5423
FARLEY INC NEW COM 307617928 0 1 SH DEFINED 0109 1
FASTENAL CO COM 311900104 6988 215000 SH DEFINED 011516 215000
FASTENAL CO COM 311900104 2275 70000 SH DEFINED 011619 70000
FASTENAL CO COM 311900104 1215 37375 SH DEFINED 0102 37375
FASTENAL CO COM 311900104 738 22700 SH DEFINED 0103 22700
FASTENAL CO COM 311900104 2763 85000 SH DEFINED 01 85000
FEDERAL EXPRESS COM 313309106 33438 500000 SH DEFINED 0126 500000
FEDERAL EXPRESS COM 313309106 105 1577 SH DEFINED 0103 1577
FED HOME LOAN MTG CP COM 313400301 15225 300000 SH DEFINED 011516 300000
FED HOME LOAN MTG CP COM 313400301 314 6180 SH DEFINED 0103 6180
FEDERAL MOGUL COM 313549107 17700 600000 SH DEFINED 0126 600000
FEDERAL MOGUL COM 313549107 590 20000 SH DEFINED 01 20000
FEDERAL NATL MTGE COM 313586109 19438 250000 SH DEFINED 0130 250000
FEDERAL NATL MTGE COM 313586109 139950 1800000 SH DEFINED 0126 1800000
FEDERAL NATL MTGE COM 313586109 31100 400000 SH DEFINED 0124 400000
FEDERAL NATL MTGE COM 313586109 3957 50900 SH DEFINED 0125 50900
FEDERAL NATL MTGE COM 313586109 7153 92000 SH DEFINED 011622 92000
FEDERAL NATL MTGE COM 313586109 15550 200000 SH DEFINED 011623 200000
FEDERAL NATL MTGE COM 313586109 27213 350000 SH DEFINED 011516 350000
FEDERAL NATL MTGE COM 313586109 17105 220000 SH DEFINED 011618 220000
FEDERAL NATL MTGE COM 313586109 167511 2154440 SH DEFINED 0102 818100 1336340
FEDERAL NATL MTGE COM 313586109 8553 110000 SH DEFINED 0131 110000
FEDERAL NATL MTGE COM 313586109 8943 115005 SH DEFINED 0103 79950 35055
FEDERAL NATL MTGE COM 313586109 21832 280800 SH DEFINED 01 280800
FEDERAL PAPER BOARD COM 313693103 29 1282 SH DEFINED 0103 1282
FEDERATED DPT STORES COM 31410J107 7700 350000 SH DEFINED 0124 350000
FEDERATED DPT STORES COM 31410J107 200 9098 SH DEFINED 0116 9098
FEDERATED DPT STORES WARRANT 31410J115 310 72890 SH DEFINED 0109 72890
FEDERATED DPT STORES WARRANT 31410J115 26 6000 SH DEFINED 011621 6000
FEDERATED DPT STORES COM 31410J206 62 2873 SH DEFINED 0116 2873
FERRO CORP COM 315405100 59 1900 SH DEFINED 0102 1900
FERRO CORP COM 315405100 806 26000 SH DEFINED 0103 26000
FIDELITY MAGELLAN FD COM 316184100 3 47 SH DEFINED 01 47
AMER CENTURION LIFE COM 3181819C0 13536 100000 SH DEFINED 0116 100000
FIRST OF AMERICA BAN COM 318906104 18938 500000 SH DEFINED 0113 500000
<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
FIRST OF AMERICA BAN COM 318906104 3788 100000 SH DEFINED 0124 100000
FIRST BANK SYSTEM COM 319279105 14400 450000 SH DEFINED 0113 450000
FIRST BANK SYSTEM COM 319279105 96 3000 SH DEFINED 0102 3000
FIRST CHICAGO CORP. COM 319455101 20400 425000 SH DEFINED 0130 425000
FIRST CHICAGO CORP. COM 319455101 10560 220000 SH DEFINED 0126 220000
FIRST CHICAGO CORP. COM 319455101 19200 400000 SH DEFINED 0111 400000
FIRST CHICAGO CORP. COM 319455101 3298 68700 SH DEFINED 0125 68700
FIRST CHICAGO CORP. COM 319455101 5520 115000 SH DEFINED 011622 115000
FIRST CHICAGO CORP. COM 319455101 12278 255800 SH DEFINED 011623 255800
FIRST CHICAGO CORP. COM 319455101 14400 300000 SH DEFINED 011516 300000
FIRST CHICAGO CORP. COM 319455101 12000 250000 SH DEFINED 011618 250000
FIRST CHICAGO CORP. COM 319455101 1200 25000 SH DEFINED 011620 25000
FIRST CHICAGO CORP. COM 319455101 110490 2301960 SH DEFINED 0102 923800 1378160
FIRST CHICAGO CORP. COM 319455101 7680 160000 SH DEFINED 0131 160000
FIRST CHICAGO CORP. COM 319455101 5936 123665 SH DEFINED 0103 85300 38365
FIRST CHICAGO CORP. COM 319455101 12456 259500 SH DEFINED 01 259500
FND NEXTEL COMMUN CONV PFD STOCK 319455853 7421 194000 SH DEFINED 0132 194000
FND NEXTEL COMMUN CONV PFD STOCK 319455853 3672 96000 SH DEFINED 0107 96000
FND NEXTEL COMMUN CONV PFD STOCK 319455853 12049 315000 SH DEFINED 011516 315000
FND NEXTEL COMMUN CONV PFD STOCK 319455853 6503 170000 SH DEFINED 011618 170000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 14403 275000 SH DEFINED 0130 275000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 3143 60000 SH DEFINED 0129 60000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 3928 75000 SH DEFINED 0104 75000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 2619 50000 SH DEFINED 0109 50000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 3928 75000 SH DEFINED 0107 75000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 2226 42500 SH DEFINED 011621 42500
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 1309 25000 SH DEFINED 0131 25000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 10999 210000 SH DEFINED 01 210000
FIRST FIDELITY BANCP COM 320195100 101 2269 SH DEFINED 0103 2269
FIRST FINANCIAL MGMT COM 320245103 54000 1000000 SH DEFINED 0126 1000000
FIRST FINANCIAL MGMT COM 320245103 6642 123000 SH DEFINED 0106 123000
FIRST FINANCIAL MGMT COM 320245103 21600 400000 SH DEFINED 0111 400000
FIRST FINANCIAL MGMT COM 320245103 4644 86000 SH DEFINED 011622 86000
FIRST FINANCIAL MGMT COM 320245103 10260 190000 SH DEFINED 011623 190000
FIRST FINANCIAL MGMT COM 320245103 12420 230000 SH DEFINED 011618 230000
FIRST FINANCIAL MGMT COM 320245103 6750 125000 SH DEFINED 011614 125000
FIRST FINANCIAL MGMT COM 320245103 236 4380 SH DEFINED 0102 1200 3180
FIRST FINANCIAL MGMT COM 320245103 8656 160300 SH DEFINED 0131 160300
FIRST INTERSTATE BAN COM 320548100 166 2268 SH DEFINED 0103 2268
FIRST MISS CORP COM 320891104 9 592 SH DEFINED 0103 592
FIRST SECURITY CORP- COM 336294103 5180 185000 SH DEFINED 0113 185000
FIRST TN NAT'L CORP COM 337162101 3825 100000 SH DEFINED 0128 100000
FIRST UNION CORP COM 337358105 362 8700 SH DEFINED 0125 8700
FIRST UNION CORP COM 337358105 272 6522 SH DEFINED 0102 3500 3022
FIRST UNION CORP COM 337358105 347 8333 SH DEFINED 0103 8333
FIRST USA INC COM 33743H105 261 7400 SH DEFINED 0102 7400
FISERV INC COM 337738108 10188 500000 SH DEFINED 011516 500000
FISHER SCIENTIFIC IN COM 338032105 13 400 SH DEFINED 0102 400
FISHER SCIENTIFIC IN COM 338032105 193 5800 SH DEFINED 0103 5800
FLAIR CORP COM 33848P101 1740 80000 SH DEFINED 011516 80000
<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
FLAIR CORP COM 33848P101 761 35000 SH DEFINED 011619 35000
FLAT TOP NATL BK COM 338693104 1 84 SH DEFINED 0102 84
FLEET FINANCIAL GRP COM 338915101 443 12600 SH DEFINED 0125 12600
FLEET FINANCIAL GRP COM 338915101 60 1700 SH DEFINED 0102 1700
FLEET FINANCIAL GRP COM 338915101 325 9243 SH DEFINED 0103 9243
FLEETWOOD ENTERPRISE COM 339099103 28 1380 SH DEFINED 0103 1380
FLEMING CO COM 339130106 27 1085 SH DEFINED 0103 1085
FLUOR CORP COM 343861100 5000 100000 SH DEFINED 0108 100000
FLUOR CORP COM 343861100 123 2466 SH DEFINED 0103 2466
FOAMEX COM 344123104 4200 300000 SH DEFINED 01 300000
FOODMAKER INC WARRANT 344839113 125 5000 SH DEFINED 0104 5000
FOODMAKER INC WARRANT 344839113 175 7000 SH DEFINED 0109 7000
FORD HOLDINGS FRAP I PREFERRED STOCK 345277750 2140 20000 SH DEFINED 01 20000
FORD HOLDINGS FRAP I PREFERRED STOCK 345277750 2782 26000 SH DEFINED 01 26000
FORD MOTOR COM 345370100 2938 50000 SH DEFINED 0108 50000
FORD MOTOR COM 345370100 394 6700 SH DEFINED 0125 6700
FORD MOTOR COM 345370100 96175 1636981 SH DEFINED 0102 621490 1015491
FORD MOTOR COM 345370100 3995 68000 SH DEFINED 0131 68000
FORD MOTOR COM 345370100 4713 80192 SH DEFINED 0103 60100 20092
FORD MOTOR COM 345370100 2820 48000 SH DEFINED 01 48000
FORD MOTOR CO $50 CONV PFD STOCK 345370209 17172 175000 SH DEFINED 0130 175000
FOREST LABS COM 345838106 15006 350000 SH DEFINED 0126 350000
FOREST LABS COM 345838106 7074 165000 SH DEFINED 0106 165000
FOREST LABS COM 345838106 12863 300000 SH DEFINED 011516 300000
FOREST LABS COM 345838106 7074 165000 SH DEFINED 011614 165000
FOREST LABS COM 345838106 19305 450240 SH DEFINED 0102 450240
FOREST LABS COM 345838106 9218 215000 SH DEFINED 0131 215000
FOREST LABS COM 345838106 1042 24300 SH DEFINED 0103 24300
FOSTER WHEELER COM 350244109 8830 220770 SH DEFINED 0102 86400 134370
FOSTER WHEELER COM 350244109 861 21525 SH DEFINED 0103 20540 985
FOSTER WHEELER COM 350244109 4160 104000 SH DEFINED 01 104000
FOUNDATION HEALTH CO COM 350401105 8606 225000 SH DEFINED 0130 225000
FOUNDATION HEALTH CO COM 350401105 7650 200000 SH DEFINED 011516 200000
FOUNDATION HEALTH CO COM 350401105 3443 90000 SH DEFINED 011618 90000
FOUNDATION HEALTH CO COM 350401105 1530 40000 SH DEFINED 011620 40000
FOUNDATION HEALTH CO COM 350401105 69 1800 SH DEFINED 0102 1800
FOUNDATION HEALTH CO COM 350401105 991 25900 SH DEFINED 0103 25900
FOUNDATION HEALTH CO COM 350401105 3290 86000 SH DEFINED 01 86000
FRANKLIN CUSTODY FD COM 353496607 0 27 SH DEFINED 01 27
FREDS INC COM 356108100 1890 140000 SH DEFINED 0128 140000
FREE ST CON GLD MINE COM 356142208 515 40000 SH DEFINED 0127 40000
FREEPORT MCMORAN COP COM 35671D105 5766 225000 SH DEFINED 0127 225000
FREEPORT MCMORAN COP COM 35671D105 10250 400000 SH DEFINED 0131 400000
FREEPORT MCMORAN COP COM 35671D105 461 18000 SH DEFINED 0103 18000
FREEPORT MCMORAN INC COM 356714105 14615 754300 SH DEFINED 0113 754300
FREEPORT MCMORAN INC COM 356714105 2422 125000 SH DEFINED 0107 125000
FREEPORT MCMORAN INC COM 356714105 5813 300000 SH DEFINED 0131 300000
FREEPORT MCMORAN INC COM 356714105 262 13500 SH DEFINED 0103 13500
FREEPORT MCMORAN PREFERRED STOCK 356714303 2463 50000 SH DEFINED 0132 50000
FREEPORT MCMORAN PREFERRED STOCK 356714303 2463 50000 SH DEFINED 0107 50000
<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
FRITZ COM 358846103 4950 165000 SH DEFINED 01 165000
FUNCO COM 360762108 2347 160500 SH DEFINED 011516 160500
GATX CORP COM 361448103 17850 425000 SH DEFINED 0113 425000
GND HLDGS $100 SER A PREFERRED STOCK 361910XV9 9455 77500 SH DEFINED 0109 77500
GNI GROUP COM 362022105 1500 375000 SH DEFINED 01 375000
GNI GROUP COM 362022105 300 75000 SH DEFINED 011619 75000
GT CHILE GROWTH EURO COM 362300998 2600 100000 SH DEFINED 01 100000
GTE CORP COM 362320103 3100 100000 SH DEFINED 0132 100000
GTE CORP COM 362320103 1550 50000 SH DEFINED 0107 50000
GTE CORP COM 362320103 6 200 SH DEFINED 0102 200
GTE CORP COM 362320103 868 28002 SH DEFINED 0103 28002
GTI CORP COM 362360109 1223 95000 SH DEFINED 011620 95000
GABLE RESIDENTIAL COM 362418105 2993 126700 SH DEFINED 0132 126700
GABLE RESIDENTIAL COM 362418105 2549 107900 SH DEFINED 0107 107900
GANNETT CO INC COM 364730101 14209 270000 SH DEFINED 011618 270000
GANNETT CO INC COM 364730101 228 4338 SH DEFINED 0103 4338
GAP INC., THE COM 364760108 4438 100000 SH DEFINED 0106 100000
GAP INC., THE COM 364760108 58 1300 SH DEFINED 0125 1300
GAP INC., THE COM 364760108 4216 95000 SH DEFINED 011614 95000
GAP INC., THE COM 364760108 9 200 SH DEFINED 0102 200
GAP INC., THE COM 364760108 5325 120000 SH DEFINED 0131 120000
GAP INC., THE COM 364760108 215 4839 SH DEFINED 0103 4839
GAP INC., THE COM 364760108 888 20000 SH DEFINED 01 20000
GASONICS INT'L CORP COM 367278108 825 60000 SH DEFINED 011619 60000
GAYLORD ENTERTAINMEN COM 367901105 10181 403200 SH DEFINED 0102 403200
GAYLORD ENTERTAINMEN COM 367901105 111 4400 SH DEFINED 0103 4400
GAYLORD CONTAINER CP COM 368145108 610 125162 SH DEFINED 0109 125162
GAYLORD CONTAIN WTS WARRANT 368145116 2871 883477 SH DEFINED 0109 883477
GENCARE HEALTH SYSTE COM 368674107 1316 45000 SH DEFINED 011620 45000
GENENTECH RED COM COM 368710208 7700 175000 SH DEFINED 0108 175000
GENENTECH RED COM COM 368710208 2552 58000 SH DEFINED 0106 58000
GENENTECH RED COM COM 368710208 1760 40000 SH DEFINED 011622 40000
GENENTECH RED COM COM 368710208 3960 90000 SH DEFINED 011623 90000
GENENTECH RED COM COM 368710208 13200 300000 SH DEFINED 011516 300000
GENENTECH RED COM COM 368710208 12615 286700 SH DEFINED 011618 286700
GENENTECH RED COM COM 368710208 2464 56000 SH DEFINED 011614 56000
GENENTECH RED COM COM 368710208 27186 617930 SH DEFINED 0102 161200 456730
GENENTECH RED COM COM 368710208 3300 75000 SH DEFINED 0131 75000
GENENTECH RED COM COM 368710208 1078 24500 SH DEFINED 0103 24500
GEN'L ATLANTIC RES COM 369002100 1495 98000 SH DEFINED 0131 98000
GENERAL DYNAMICS COM 369550108 1112 13100 SH DEFINED 0125 13100
GENERAL DYNAMICS COM 369550108 153 1800 SH DEFINED 0102 1800
GENERAL DYNAMICS COM 369550108 526 6195 SH DEFINED 0103 6195
GENERAL ELECTRIC COM 369604103 24906 250000 SH DEFINED 0130 250000
GENERAL ELECTRIC COM 369604103 51805 520000 SH DEFINED 0126 520000
GENERAL ELECTRIC COM 369604103 14944 150000 SH DEFINED 0113 150000
GENERAL ELECTRIC COM 369604103 24906 250000 SH DEFINED 0124 250000
GENERAL ELECTRIC COM 369604103 2859 28700 SH DEFINED 0125 28700
GENERAL ELECTRIC COM 369604103 10959 110000 SH DEFINED 011516 110000
GENERAL ELECTRIC COM 369604103 19925 200000 SH DEFINED 011618 200000
<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
GENERAL ELECTRIC COM 369604103 147720 1482800 SH DEFINED 0102 568500 914300
GENERAL ELECTRIC COM 369604103 9963 100000 SH DEFINED 0131 100000
GENERAL ELECTRIC COM 369604103 10735 107730 SH DEFINED 0103 65700 42030
GENERAL ELECTRIC COM 369604103 11458 115000 SH DEFINED 01 115000
GENERAL GROWTH COM 370021107 10313 500000 SH DEFINED 0113 500000
GENERAL INSTRUMENTS CONV BOND 370121AA3 2305 2000000 PRN DEFINED 0107 2000000
GENERAL INSTRUMENTS CONV BOND 370121AA3 6915 6000000 PRN DEFINED 011618 6000000
GENERAL INSTRUMENT C COM 370121105 1900 40000 SH DEFINED 01 40000
GENERAL MILLS COM 370334104 8900 160000 SH DEFINED 011516 160000
GENERAL MILLS COM 370334104 266 4783 SH DEFINED 0103 4783
GENERAL MOTORS COM 370442105 43200 800000 SH DEFINED 0126 800000
GENERAL MOTORS COM 370442105 1350 25000 SH DEFINED 0125 25000
GENERAL MOTORS COM 370442105 4050 75000 SH DEFINED 0107 75000
GENERAL MOTORS COM 370442105 10800 200000 SH DEFINED 011516 200000
GENERAL MOTORS COM 370442105 9720 180000 SH DEFINED 011618 180000
GENERAL MOTORS COM 370442105 117372 2173600 SH DEFINED 0102 816310 1357290
GENERAL MOTORS COM 370442105 10800 200000 SH DEFINED 0131 200000
GENERAL MOTORS COM 370442105 6753 125051 SH DEFINED 0103 83850 41201
GENERAL MOTORS COM 370442105 3942 73000 SH DEFINED 01 73000
GENERAL MOTORS CL H COM 370442501 18124 549200 SH DEFINED 0130 549200
GENERAL MOTORS CL H COM 370442501 6600 200000 SH DEFINED 0108 200000
GENERAL MOTORS CL H COM 370442501 4950 150000 SH DEFINED 0107 150000
GENERAL MOTORS CL H COM 370442501 13200 400000 SH DEFINED 011618 400000
GENERAL MOTORS CL H COM 370442501 40837 1237560 SH DEFINED 0102 556400 681160
GENERAL MOTORS CL H COM 370442501 1713 51900 SH DEFINED 0103 51900
GENERAL MTRS SER A CONV PFD STOCK 370442709 3139 62000 SH DEFINED 0107 62000
GENERAL MTRS SER A CONV PFD STOCK 370442709 15188 300000 SH DEFINED 011618 300000
GENERAL MTRS DEP SHR CONV PFD STOCK 370442873 18676 333500 SH DEFINED 0130 333500
GENERAL NUTRITION IN COM 37047F103 2475 100000 SH DEFINED 0111 100000
GENERAL RE CORP COM 370563108 265 2464 SH DEFINED 0103 2464
GENERAL SIGNAL COM 370838104 21450 650000 SH DEFINED 0130 650000
GENERAL SIGNAL COM 370838104 16500 500000 SH DEFINED 0113 500000
GENERAL SIGNAL COM 370838104 5940 180000 SH DEFINED 0124 180000
GENERAL SIGNAL COM 370838104 13200 400000 SH DEFINED 011516 400000
GENERAL SIGNAL COM 370838104 1320 40000 SH DEFINED 011620 40000
GENERAL SIGNAL COM 370838104 8910 270000 SH DEFINED 0131 270000
GENERAL SIGNAL COM 370838104 468 14182 SH DEFINED 0103 14182
GENERAL SIGNAL COM 370838104 7260 220000 SH DEFINED 01 220000
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 3 690 SH DEFINED 0103 690
GENTEX CORP COM 371901109 1593 70000 SH DEFINED 0106 70000
GENTEX CORP COM 371901109 1706 75000 SH DEFINED 011614 75000
GENTEX CORP COM 371901109 7745 340400 SH DEFINED 0102 340400
GENTEX CORP COM 371901109 143 6300 SH DEFINED 0103 6300
GENSIA PHARMACEUTICS COM 372450106 1792 112000 SH DEFINED 0106 112000
GENSIA PHARMACEUTICS COM 372450106 1120 70000 SH DEFINED 011614 70000
GENSIA PHARMACEUTICS COM 372450106 2640 165000 SH DEFINED 0131 165000
GENSIA PHARM 144A 50 CONV PFD STOCK 372450205 845 20000 SH DEFINED 0107 20000
GENSIA PHARM 144A 50 CONV PFD STOCK 372450205 2535 60000 SH DEFINED 0131 60000
<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
GENUINE PARTS COM 372460105 19250 550000 SH DEFINED 0113 550000
GENUINE PARTS COM 372460105 128 3648 SH DEFINED 0103 3648
GENZYME CORP COM 372917104 1338 50000 SH DEFINED 0128 50000
GENZYME CORP COM 372917104 6019 225000 SH DEFINED 0124 225000
GENZYME CORP COM 372917104 4681 175000 SH DEFINED 0131 175000
GENZYME CORP COM 372917104 214 8000 SH DEFINED 0103 8000
GENZYME CORP COM 372917104 2702 101000 SH DEFINED 01 101000
GEORGIA PACIFIC COM 373298108 464 7250 SH DEFINED 0102 7250
GEORGIA PACIFIC COM 373298108 170 2663 SH DEFINED 0103 2663
GEOTEK COMMUNICATION COM 373654102 3300 300000 SH DEFINED 01 300000
GERBER PRODUCTS COM 373712108 70 2275 SH DEFINED 0103 2275
GIANT FOOD CL A COM 374478105 40 1775 SH DEFINED 0103 1775
GILBRALTER STEEL COM 37476F103 875 70000 SH DEFINED 011619 70000
GIBSON GREETINGS INC COM 374827103 6263 300000 SH DEFINED 0128 300000
GIBSON GREETINGS INC COM 374827103 4175 200000 SH DEFINED 0131 200000
GIBSON GREETINGS INC COM 374827103 198 9500 SH DEFINED 0103 9500
GIDDINGS & LEWIS WIS COM 375048105 19763 775000 SH DEFINED 0130 775000
GIDDINGS & LEWIS WIS COM 375048105 8925 350000 SH DEFINED 0108 350000
GIDDINGS & LEWIS WIS COM 375048105 5100 200000 SH DEFINED 011516 200000
GIDDINGS & LEWIS WIS COM 375048105 1275 50000 SH DEFINED 011620 50000
GIDDINGS & LEWIS WIS COM 375048105 25 986 SH DEFINED 0103 986
GILBERT RBSON PT WTS WARRANT 375432119 29 5886 SH DEFINED 0109 5886
GILLETTE CO COM 375766102 44275 700000 SH DEFINED 0126 700000
GILLETTE CO COM 375766102 22138 350000 SH DEFINED 0111 350000
GILLETTE CO COM 375766102 2657 42000 SH DEFINED 011622 42000
GILLETTE CO COM 375766102 6009 95000 SH DEFINED 011623 95000
GILLETTE CO COM 375766102 25300 400000 SH DEFINED 011516 400000
GILLETTE CO COM 375766102 15180 240000 SH DEFINED 011618 240000
GILLETTE CO COM 375766102 45116 713328 SH DEFINED 0102 290100 423228
GILLETTE CO COM 375766102 3587 56707 SH DEFINED 0103 50100 6607
GILLETTE CO COM 375766102 3795 60000 SH DEFINED 01 60000
GLATFELTER (P.H.) CO COM 377316104 2000 125000 SH DEFINED 0107 125000
GLIMCHER REALTY COM 379302102 3850 175000 SH DEFINED 0107 175000
GOLDEN WEST FIN COM 381317106 72 1873 SH DEFINED 0103 1873
GOODRICH B.F. COM 382388106 34 789 SH DEFINED 0103 789
GOODYEAR COM 382550101 20250 500000 SH DEFINED 0130 500000
GOODYEAR COM 382550101 10935 270000 SH DEFINED 0108 270000
GOODYEAR COM 382550101 9720 240000 SH DEFINED 0126 240000
GOODYEAR COM 382550101 75259 1858140 SH DEFINED 0102 707020 1151120
GOODYEAR COM 382550101 3068 75739 SH DEFINED 0103 71400 4339
GOULD PUMPS COM 383550100 35 1500 SH DEFINED 0102 1500
W R GRACE COM 383883105 110 2662 SH DEFINED 0103 2662
GRAINGER (W.W.) COM 384802104 100 1578 SH DEFINED 0103 1578
GRAND MET PLC -ADR COM 386090302 20618 763623 SH DEFINED 0103 747526 16097
GRANITE CONSTRUCTION COM 387328107 2100 100000 SH DEFINED 011614 100000
GREAT A. & P. TEA COM 390064103 29 1184 SH DEFINED 0103 1184
GREAT LAKES CHEM CO COM 390568103 17625 250000 SH DEFINED 0111 250000
GREAT LAKES CHEM CO COM 390568103 28200 400000 SH DEFINED 0124 400000
GREAT LAKES CHEM CO COM 390568103 2785 39500 SH DEFINED 0125 39500
GREAT LAKES CHEM CO COM 390568103 2115 30000 SH DEFINED 011622 30000
<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
GREAT LAKES CHEM CO COM 390568103 4583 65000 SH DEFINED 011623 65000
GREAT LAKES CHEM CO COM 390568103 14100 200000 SH DEFINED 011516 200000
GREAT LAKES CHEM CO COM 390568103 8049 114176 SH DEFINED 0102 31050 83126
GREAT LAKES CHEM CO COM 390568103 5288 75000 SH DEFINED 0131 75000
GREAT LAKES CHEM CO COM 390568103 2318 32870 SH DEFINED 0103 11100 21770
GREAT LAKES CHEM CO COM 390568103 15271 216600 SH DEFINED 01 216600
GREAT WESTERN FIN CP COM 391442100 8000 500000 SH DEFINED 0113 500000
GREAT WESTERN FIN CP COM 391442100 342 21400 SH DEFINED 0125 21400
GREAT WESTERN FIN CP COM 391442100 2400 150000 SH DEFINED 0107 150000
GREAT WESTERN FIN CP COM 391442100 48 3000 SH DEFINED 0102 3000
GREAT WESTERN FIN CP COM 391442100 4000 250000 SH DEFINED 0131 250000
GREAT WESTERN FIN CP COM 391442100 385 24045 SH DEFINED 0103 24045
GREENFIELDS COM 395058100 4200 200000 SH DEFINED 011516 200000
GREENFIELDS COM 395058100 1575 75000 SH DEFINED 011619 75000
GRUMMAN CORP COM 400181103 1247 19300 SH DEFINED 0125 19300
GRUMMAN CORP COM 400181103 168 2600 SH DEFINED 0102 2600
GRUMMAN CORP COM 400181103 568 8786 SH DEFINED 0103 8786
G-MEXICANA DE B COM 40048G104 2209 131900 SH DEFINED 0112 131900
G-MEXICANA DE B COM 40048G104 2420 144500 SH DEFINED 011617 144500
G-MEXICANA DE B COM 40048G104 700 41800 SH DEFINED 0131 41800
GEMEX ADS COM 40048J306 8288 300000 SH DEFINED 0124 300000
G-CASA AUTREY COM 40048P104 5100 200000 SH DEFINED 011516 200000
G-CARSO ADR COM 400485108 5127 275000 SH DEFINED 0130 275000
G-CARSO ADR COM 400485108 5593 300000 SH DEFINED 01 300000
G-CARSO ADR COM 400485108 3505 188000 SH DEFINED 0107 188000
G-CARSO ADR COM 400485108 3729 200000 SH DEFINED 011618 200000
SERFIN COM 40049A106 1508 60000 SH DEFINED 011620 60000
G-TRIBASA COM 40049F105 3331 130000 SH DEFINED 0131 130000
G-TRIBASA COM 40049F105 154 6000 SH DEFINED 0103 6000
G-TELEVISA 144A COM 40049J206 15300 300000 SH DEFINED 0130 300000
G-TELEVISA 144A COM 40049J206 38250 750000 SH DEFINED 0126 750000
G-TELEVISA 144A COM 40049J206 1224 24000 SH DEFINED 0106 24000
G-TELEVISA 144A COM 40049J206 12750 250000 SH DEFINED 0111 250000
G-TELEVISA 144A COM 40049J206 20400 400000 SH DEFINED 0124 400000
G-TELEVISA 144A COM 40049J206 3060 60000 SH DEFINED 011622 60000
G-TELEVISA 144A COM 40049J206 7140 140000 SH DEFINED 011623 140000
G-TELEVISA 144A COM 40049J206 12750 250000 SH DEFINED 011618 250000
G-TELEVISA 144A COM 40049J206 1326 26000 SH DEFINED 011614 26000
G-TELEVISA 144A COM 40049J206 93 1800 SH DEFINED 0102 1800
G-TELEVISA 144A COM 40049J206 1530 30000 SH DEFINED 0131 30000
G-SIMEC COM 400491106 5350 200000 SH DEFINED 0111 200000
G-SIMEC COM 400491106 8025 300000 SH DEFINED 01 300000
G-SIMEC COM 400491106 1204 45000 SH DEFINED 011620 45000
G-SITUR 144A COM 400492104 5300 200000 SH DEFINED 0106 200000
GUILFORD MILLS COM 401794102 3506 150000 SH DEFINED 0107 150000
GULF SOUTH MEDICAL COM 40252G105 3413 162500 SH DEFINED 011516 162500
GUPTA COM 403234107 2650 100000 SH DEFINED 0106 100000
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<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
HBO COMPANY COM 404100109 17500 700000 SH DEFINED 0106 700000
HBO COMPANY COM 404100109 13750 550000 SH DEFINED 011516 550000
HBO COMPANY COM 404100109 16250 650000 SH DEFINED 011614 650000
HBO COMPANY COM 404100109 42709 1708292 SH DEFINED 0102 1708292
HBO COMPANY COM 404100109 1190 47600 SH DEFINED 0103 47600
HCC INSURANCE COM 404132102 10045 410000 SH DEFINED 011516 410000
HS RESOURCES COM 404297103 2594 125000 SH DEFINED 0106 125000
HS RESOURCES COM 404297103 8300 400000 SH DEFINED 0124 400000
HS RESOURCES COM 404297103 830 40000 SH DEFINED 011619 40000
HS RESOURCES COM 404297103 1349 65000 SH DEFINED 011620 65000
HS RESOURCES COM 404297103 2220 107000 SH DEFINED 011614 107000
HS RESOURCES COM 404297103 2905 140000 SH DEFINED 0131 140000
HS RESOURCES COM 404297103 2563 123500 SH DEFINED 01 123500
ALEX HAAGAN COM 40443E100 4054 235000 SH DEFINED 0113 235000
ALEX HAAGAN COM 40443E100 3450 200000 SH DEFINED 0132 200000
ALEX HAAGAN COM 40443E100 5175 300000 SH DEFINED 0107 300000
ALEX HAAGAN COM 40443E100 5175 300000 SH DEFINED 0131 300000
ALEX HAAGAN COM 40443E100 250 14500 SH DEFINED 0103 14500
HAEMONETICS CORP COM 405024100 3776 190000 SH DEFINED 0106 190000
HAEMONETICS CORP COM 405024100 4969 250000 SH DEFINED 011516 250000
HAEMONETICS CORP COM 405024100 3578 180000 SH DEFINED 011614 180000
HAEMONETICS CORP COM 405024100 4969 250000 SH DEFINED 0131 250000
HALLIBURTON COM 406216101 98 3351 SH DEFINED 0103 3351
HANDLEMAN COMPANY COM 410252100 11 986 SH DEFINED 0103 986
HANNA MA CO. COM 410522106 9031 250000 SH DEFINED 0108 250000
HANSON PLC ADR COM 411352305 22856 1150000 SH DEFINED 0130 1150000
HANSON PLC ADR COM 411352305 25838 1300000 SH DEFINED 0113 1300000
HANSON PLC ADR COM 411352305 5466 275000 SH DEFINED 0107 275000
HANSON PLC ADR COM 411352305 9938 500000 SH DEFINED 011618 500000
HANSON PLC ADR COM 411352305 10434 525000 SH DEFINED 0131 525000
HANSON PLC ADR COM 411352305 529 26600 SH DEFINED 0103 26600
HANSON PLC ADR COM 411352305 20670 1040000 SH DEFINED 01 1040000
HARCOURT GENERAL CRP COM 41163G101 9938 300000 SH DEFINED 0108 300000
HARCOURT GENERAL CRP COM 41163G101 75 2268 SH DEFINED 0103 2268
HARLAND JOHN H COM 412693103 22 986 SH DEFINED 0103 986
HARMAN INTERNATIONAL COM 413086109 2775 100000 SH DEFINED 0111 100000
HARMAN INTERNATIONAL COM 413086109 1110 40000 SH DEFINED 011622 40000
HARMAN INTERNATIONAL COM 413086109 2498 90000 SH DEFINED 011623 90000
HARNISCHFEGER IND COM 413345109 17 789 SH DEFINED 0103 789
HARRIS CORP COM 413875105 60 1283 SH DEFINED 0103 1283
HARTEBEEST ADR COM 416198406 1206 265000 SH DEFINED 0127 265000
HARTMARX CORP COM 417119104 2367 371414 SH DEFINED 0103 371414
HASBRO INC COM 418056107 93 2663 SH DEFINED 0103 2663
HAT BRANDS WTS8/2002 WARRANT 418730XY8 1016 90324 SH DEFINED 0109 90324
HAWAII ELEC $100 PREFERRED STOCK 419990197 2134 20000 SH DEFINED 0105 20000
MAUI ELEC $100 PREFERRED STOCK 419990205 2667 25000 SH DEFINED 0105 25000
HAYES WHEELS COM 420804106 6813 250000 SH DEFINED 0124 250000
HAYES WHEELS COM 420804106 215 7900 SH DEFINED 011620 7900
HAYES WHEELS COM 420804106 38 1400 SH DEFINED 0102 1400
HAYES WHEELS COM 420804106 635 23300 SH DEFINED 0103 23300
<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
HAYES WHEELS COM 420804106 2662 97700 SH DEFINED 01 97700
HEALTHSOUTH REHABILI COM 421924101 17400 600000 SH DEFINED 0111 600000
HEALTHSOUTH REHABILI COM 421924101 1740 60000 SH DEFINED 011622 60000
HEALTHSOUTH REHABILI COM 421924101 3915 135000 SH DEFINED 011623 135000
HEALTHSOUTH REHABILI COM 421924101 7975 275000 SH DEFINED 011516 275000
HEALTHSOUTH REHABILI COM 421924101 12 400 SH DEFINED 0102 400
HEALTHSOUTH REHABILI COM 421924101 197 6800 SH DEFINED 0103 6800
HEALTH MGMT ASSOC COM 421933102 5316 175050 SH DEFINED 0102 175050
HEALTH MGMT ASSOC COM 421933102 94 3100 SH DEFINED 0103 3100
HEALTH EQUITY PROP COM 42217R101 4625 500000 SH DEFINED 0132 500000
HEALTH EQUITY PROP COM 42217R101 2313 250000 SH DEFINED 0107 250000
HEALTH EQUITY PROP COM 42217R101 1434 155000 SH DEFINED 01 155000
HEALTHSOURCE INC COM 42221E104 3533 123900 SH DEFINED 0102 123900
HEALTHSOURCE INC COM 42221E104 46 1600 SH DEFINED 0103 1600
HEART TECHNOLOGY COM 42233W100 2846 165000 SH DEFINED 0106 165000
HEART TECHNOLOGY COM 42233W100 2933 170000 SH DEFINED 011614 170000
HEART TECHNOLOGY COM 42233W100 2760 160000 SH DEFINED 0131 160000
HEARTLAND EXPRESS IN COM 422347104 959 28400 SH DEFINED 0106 28400
HEARTLAND EXPRESS IN COM 422347104 864 25600 SH DEFINED 011614 25600
HEARTLAND EXPRESS IN COM 422347104 2019 59800 SH DEFINED 0102 59800
HEARTLAND EXPRESS IN COM 422347104 1148 34000 SH DEFINED 0131 34000
HEARTLAND EXPRESS IN COM 422347104 41 1200 SH DEFINED 0103 1200
HEILIG MEYERS CO COM 422893107 47 1500 SH DEFINED 0102 1500
HEILIG MEYERS CO COM 422893107 654 21100 SH DEFINED 0103 21100
HEINZ H.J. COM 423074103 254 7592 SH DEFINED 0103 7592
HELMERICH & PAYNE COM 423452101 21 790 SH DEFINED 0103 790
HERBALIFE INTERNATIO COM 426908109 4700 200000 SH DEFINED 0107 200000
HERCULES INC COM 427056106 147 1282 SH DEFINED 0103 1282
HERSHEY FOODS COM 427866108 128 2762 SH DEFINED 0103 2762
HEWLETT PACKARD COM 428236103 5749 70000 SH DEFINED 0108 70000
HEWLETT PACKARD COM 428236103 66 800 SH DEFINED 0102 800
HEWLETT PACKARD COM 428236103 607 7393 SH DEFINED 0103 7393
HILTON HOTELS COM 432848109 17100 300000 SH DEFINED 0126 300000
HILTON HOTELS COM 432848109 84 1480 SH DEFINED 0103 1480
HOLLY RESIDTL CORP COM 436023105 3881 225000 SH DEFINED 0130 225000
HOLLY RESIDTL CORP COM 436023105 2588 150000 SH DEFINED 0132 150000
HOLLY RESIDTL CORP COM 436023105 2501 145000 SH DEFINED 0107 145000
HOLLY RESIDTL CORP COM 436023105 863 50000 SH DEFINED 011618 50000
HOLLY RESIDTL CORP COM 436023105 1725 100000 SH DEFINED 0131 100000
HOLLY RESIDTL CORP COM 436023105 66 3800 SH DEFINED 0103 3800
HOME DEPOT CONV BOND 437076AD4 85 75000 PRN DEFINED 0102 75000
HOME DEPOT INC COM 437076102 40750 1000000 SH DEFINED 0126 1000000
HOME DEPOT INC COM 437076102 24450 600000 SH DEFINED 0111 600000
HOME DEPOT INC COM 437076102 10188 250000 SH DEFINED 0124 250000
HOME DEPOT INC COM 437076102 5094 125000 SH DEFINED 011622 125000
HOME DEPOT INC COM 437076102 11410 280000 SH DEFINED 011623 280000
HOME DEPOT INC COM 437076102 9780 240000 SH DEFINED 011618 240000
HOME DEPOT INC COM 437076102 122188 2998458 SH DEFINED 0102 1122401 1876057
HOME DEPOT INC COM 437076102 6113 150000 SH DEFINED 0131 150000
HOME DEPOT INC COM 437076102 6031 148002 SH DEFINED 0103 134790 13212
<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
HOME DEPOT INC COM 437076102 14657 359665 SH DEFINED 01 359665
HOME SHOPPING NETWRK COM 437351109 2318 180000 SH DEFINED 0106 180000
HOME SHOPPING NETWRK COM 437351109 1288 100000 SH DEFINED 0107 100000
HOME SHOPPING NETWRK COM 437351109 8369 650000 SH DEFINED 011516 650000
HOME SHOPPING NETWRK COM 437351109 5794 450000 SH DEFINED 011618 450000
HOME SHOPPING NETWRK COM 437351109 773 60000 SH DEFINED 011619 60000
HOME SHOPPING NETWRK COM 437351109 2318 180000 SH DEFINED 011614 180000
HOME SHOPPING NETWRK COM 437351109 5803 450700 SH DEFINED 0102 450700
HOME SHOPPING NETWRK COM 437351109 1416 110000 SH DEFINED 0131 110000
HOME SHOPPING NETWRK COM 437351109 103 8000 SH DEFINED 0103 8000
HOMECARE MANAGEMENT COM 437386204 4156 250000 SH DEFINED 011516 250000
HOMESTAKE MINING COM 437614100 225 10000 SH DEFINED 0127 10000
HOMESTAKE MINING COM 437614100 93 4142 SH DEFINED 0103 4142
HOMESTEAD SAVINGS WARRANT 437843204 0 42500 SH DEFINED 0109 42500
HONEYWELL COM 438506107 17 500 SH DEFINED 0102 500
HONEYWELL COM 438506107 136 4042 SH DEFINED 0103 4042
HORACE MANN EDUCATOR COM 440327104 8400 350000 SH DEFINED 011516 350000
HORIZON HEALTHCARE C COM 44042H100 1828 85000 SH DEFINED 0106 85000
HORIZON HEALTHCARE C COM 44042H100 1935 90000 SH DEFINED 011614 90000
HORIZON OUTLET COM 44043K102 1331 50000 SH DEFINED 011618 50000
HORMEL COM 440452100 4235 220000 SH DEFINED 0128 220000
HORMEL COM 440452100 8181 425000 SH DEFINED 0131 425000
HORMEL COM 440452100 395 20500 SH DEFINED 0103 20500
HOUGHTON MIFFLIN CO COM 441560109 8200 200000 SH DEFINED 0108 200000
HOUGHTON MIFFLIN CO COM 441560109 10250 250000 SH DEFINED 011516 250000
HOUSEHOLD INTL COM 441815107 1455 49100 SH DEFINED 0125 49100
HOUSEHOLD INTL COM 441815107 41503 1400895 SH DEFINED 0102 488800 912095
HOUSEHOLD INTL COM 441815107 5925 200000 SH DEFINED 0131 200000
HOUSEHOLD INTL COM 441815107 985 33244 SH DEFINED 0103 33244
HOUSTON INDUSTRIES COM 442161105 136 3845 SH DEFINED 0103 3845
HUMANA COM 444859102 6984 375000 SH DEFINED 0130 375000
HUMANA COM 444859102 7450 400000 SH DEFINED 011516 400000
HUMANA COM 444859102 4656 250000 SH DEFINED 011618 250000
IDB COMMUNICATIONS CONV BOND 449355AB2 2280 2000000 PRN DEFINED 0107 2000000
IDB COMM COM 449355106 6448 393750 SH DEFINED 0124 393750
IDB COMM COM 449355106 1651 100800 SH DEFINED 011619 100800
IDB COMM COM 449355106 11354 693315 SH DEFINED 0102 693315
IDB COMM COM 449355106 211 12915 SH DEFINED 0103 12915
IES INDUSTRIES INC COM 44949M103 5500 200000 SH DEFINED 0132 200000
IES INDUSTRIES INC COM 44949M103 6429 233767 SH DEFINED 0103 233767
IDSTC INCOME FUND II COM 449496108 108514 7771488 SH DEFINED 0103 3037180 4734308
IMRS INC COM 449696103 689 31300 SH DEFINED 0106 31300
IMRS INC COM 449696103 462 21000 SH DEFINED 011614 21000
IMRS INC COM 449696103 796 36200 SH DEFINED 0131 36200
IRSA 144A GDS COM 450047105 5100 150000 SH DEFINED 01 150000
IRT PROPERTY CO COM 450058102 2075 200000 SH DEFINED 0107 200000
IRT PROPERTY CO COM 450058102 3009 290000 SH DEFINED 0131 290000
IRT PROPERTY CO COM 450058102 145 14000 SH DEFINED 0103 14000
I-STAT CORP COM 450312103 1560 120000 SH DEFINED 0106 120000
I-STAT CORP COM 450312103 1560 120000 SH DEFINED 011614 120000
<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
ITT CORP COM 450679105 23581 275000 SH DEFINED 0130 275000
ITT CORP COM 450679105 63455 740000 SH DEFINED 0126 740000
ITT CORP COM 450679105 12863 150000 SH DEFINED 0124 150000
ITT CORP COM 450679105 309 3600 SH DEFINED 0125 3600
ITT CORP COM 450679105 8575 100000 SH DEFINED 011516 100000
ITT CORP COM 450679105 24010 280000 SH DEFINED 011618 280000
ITT CORP COM 450679105 87690 1022638 SH DEFINED 0102 391700 630938
ITT CORP COM 450679105 9433 110000 SH DEFINED 0131 110000
ITT CORP COM 450679105 3673 42850 SH DEFINED 0103 32100 10750
ITT CORP COM 450679105 21146 246600 SH DEFINED 01 246600
IVF AMERICA $10 CONV PFD STOCK 450706205 694 150000 SH DEFINED 0107 150000
IDEX CORP COM 45167R104 1221 35000 SH DEFINED 011620 35000
IDEXX LABS INC COM 45168D104 6750 250000 SH DEFINED 0106 250000
IDEXX LABS INC COM 45168D104 3240 120000 SH DEFINED 011619 120000
IDEXX LABS INC COM 45168D104 7290 270000 SH DEFINED 011614 270000
IDEXX LABS INC COM 45168D104 21730 804800 SH DEFINED 0102 804800
IDEXX LABS INC COM 45168D104 2160 80000 SH DEFINED 0131 80000
IDEXX LABS INC COM 45168D104 378 14000 SH DEFINED 0103 14000
ILLINOIS PWR SER P PREFERRED STOCK 452092810 5803 57460 SH DEFINED 0105 57460
ILLINOIS PWR SER P PREFERRED STOCK 452092810 2414 23905 SH DEFINED 01 23905
ILLINOIS PWR SER P PREFERRED STOCK 452092810 604 5980 SH DEFINED 0116 5980
ILLINOIS PWR SER B PREFERRED STOCK 452092836 3535 70000 SH DEFINED 01 70000
ILLINOIS PWR SER B PREFERRED STOCK 452092836 2305 45650 SH DEFINED 0116 45650
ILLINOIS PWR SER B PREFERRED STOCK 452092836 2273 45000 SH DEFINED 0116 45000
IL PWR SER A PREFERRED STOCK 452092851 2459 55250 SH DEFINED 01 55250
ILLINOIS TOOL WORKS COM 452308109 10125 250000 SH DEFINED 0108 250000
ILLINOIS TOOL WORKS COM 452308109 12150 300000 SH DEFINED 0124 300000
ILLINOIS TOOL WORKS COM 452308109 10125 250000 SH DEFINED 011516 250000
ILLINOIS TOOL WORKS COM 452308109 8100 200000 SH DEFINED 011618 200000
ILLINOIS TOOL WORKS COM 452308109 17547 433246 SH DEFINED 0102 181400 251846
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IMPERIAL CHEM IN ADR COM 452704505 918 20000 SH DEFINED 0131 20000
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INCO LIMITED COM 453258402 83 3354 SH DEFINED 0103 3354
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NATUZZI COM 456478106 5100 200000 SH DEFINED 01 200000
INFINITY BROADCASTNG COM 456626100 710 28125 SH DEFINED 011614 28125
INFINITY BROADCASTNG COM 456626100 10682 423075 SH DEFINED 0102 423075
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INFORMIX CORP COM 456779107 830 40000 SH DEFINED 011619 40000
INFORMIX CORP COM 456779107 1453 70000 SH DEFINED 011620 70000
INFORMIX CORP COM 456779107 3216 155000 SH DEFINED 011614 155000
INFORMIX CORP COM 456779107 9199 443300 SH DEFINED 0102 443300
INFORMIX CORP COM 456779107 4358 210000 SH DEFINED 0131 210000
INFORMIX CORP COM 456779107 133 6400 SH DEFINED 0103 6400
INFORMIX CORP COM 456779107 2870 138300 SH DEFINED 01 138300
<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
INGERSOLL-RAND CO COM 456866102 114 3056 SH DEFINED 0103 3056
INFORMATION RESOURCE COM 456905108 3230 190000 SH DEFINED 0106 190000
INFORMATION RESOURCE COM 456905108 3400 200000 SH DEFINED 011614 200000
INFORMATION RESOURCE COM 456905108 5618 330450 SH DEFINED 0102 330450
INFORMATION RESOURCE COM 456905108 3295 193800 SH DEFINED 0131 193800
INFORMATION RESOURCE COM 456905108 107 6300 SH DEFINED 0103 6300
INLAND STEEL IND INC COM 457472108 33 1085 SH DEFINED 0103 1085
INPUT/OUTPUT INC COM 457652105 1159 30000 SH DEFINED 011620 30000
INSILCO COM 457659704 8 509 SH DEFINED 0104 509
INSILCO COM 457659704 18 1152 SH DEFINED 0109 1152
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INST MOB ITAL ADS COM 45777M107 4120 175300 SH DEFINED 01 175300
INTEL COM 458140100 8438 125000 SH DEFINED 0130 125000
INTEL COM 458140100 10125 150000 SH DEFINED 0108 150000
INTEL COM 458140100 67500 1000000 SH DEFINED 0126 1000000
INTEL COM 458140100 40500 600000 SH DEFINED 0124 600000
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INTEL COM 458140100 10665 158000 SH DEFINED 011623 158000
INTEL COM 458140100 20250 300000 SH DEFINED 011516 300000
INTEL COM 458140100 10800 160000 SH DEFINED 011618 160000
INTEL COM 458140100 1350 20000 SH DEFINED 011620 20000
INTEL COM 458140100 129600 1919754 SH DEFINED 0102 712800 1206954
INTEL COM 458140100 7425 110000 SH DEFINED 0131 110000
INTEL COM 458140100 6001 88922 SH DEFINED 0103 76500 12422
INTEL COM 458140100 26866 398000 SH DEFINED 01 398000
INTER-TEL COM 458372109 29 3000 SH DEFINED 01 3000
INTERCO WTS SERIES 1 WARRANT 458507118 169 51933 SH DEFINED 0109 51933
INTERIM COM 45868P100 7463 300000 SH DEFINED 011516 300000
INTERGRAPH CORP COM 458683109 14 1480 SH DEFINED 0103 1480
INTERMAGNETICS GEN CONV BOND 458771AB8 1955 2000000 PRN DEFINED 0107 2000000
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INT'L GAME TECH CONV BOND 459902AC6 3461 1000000 PRN DEFINED 0106 1000000
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INTL GAME TECHNOLOGY COM 459902102 21700 800000 SH DEFINED 0124 800000
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INTL GAME TECHNOLOGY COM 459902102 5479 202000 SH DEFINED 011623 202000
INTL GAME TECHNOLOGY COM 459902102 4069 150000 SH DEFINED 011614 150000
INTL GAME TECHNOLOGY COM 459902102 13529 498753 SH DEFINED 0102 498753
INTL GAME TECHNOLOGY COM 459902102 3662 135000 SH DEFINED 0131 135000
INTL GAME TECHNOLOGY COM 459902102 217 8000 SH DEFINED 0103 8000
<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
INTERNATIONAL PAPER COM 460146103 634 9300 SH DEFINED 0125 9300
INTERNATIONAL PAPER COM 460146103 13625 200000 SH DEFINED 011618 200000
INTERNATIONAL PAPER COM 460146103 93984 1379510 SH DEFINED 0102 628100 751410
INTERNATIONAL PAPER COM 460146103 8516 125000 SH DEFINED 0131 125000
INTERNATIONAL PAPER COM 460146103 5392 79148 SH DEFINED 0103 66100 13048
INTERNATIONAL PAPER COM 460146103 15737 231000 SH DEFINED 01 231000
INTERPOOL INC CONV BOND 46062RAA6 468 500000 PRN DEFINED 0104 500000
INTERPOOL INC CONV BOND 46062RAA6 281 300000 PRN DEFINED 011621 300000
INTERPOOL INC CONV BOND 46062RAA6 187 200000 PRN DEFINED 0131 200000
INTERPORE INTER COM 46062W107 570 60000 SH DEFINED 011619 60000
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INTERPUBLIC GROUP COM 460690100 8925 300000 SH DEFINED 0124 300000
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INTERPUBLIC GROUP COM 460690100 67 2268 SH DEFINED 0103 2268
INTERVOICE INC COM 461142101 1519 135000 SH DEFINED 0106 135000
INTERVOICE INC COM 461142101 563 50000 SH DEFINED 011619 50000
INTERVOICE INC COM 461142101 1406 125000 SH DEFINED 011620 125000
INTERVOICE INC COM 461142101 1688 150000 SH DEFINED 011614 150000
INTERVOICE INC COM 461142101 2846 253000 SH DEFINED 01 253000
IOMEGA CORP COM 462030107 731 300000 SH DEFINED 0128 300000
IOMEGA CORP COM 462030107 975 400000 SH DEFINED 01 400000
IOMEGA CORP COM 462030107 1036 425000 SH DEFINED 011620 425000
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 8100 73300 SH DEFINED 0105 73300
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 3868 35000 SH DEFINED 01 35000
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 2928 26500 SH DEFINED 0116 26500
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 1105 10000 SH DEFINED 0116 10000
IRVINE APARTMENT COM 463606103 3975 200000 SH DEFINED 0107 200000
IVAX COM 465823102 6407 256270 SH DEFINED 0131 256270
IWERKS ENT COM 465916104 425 20000 SH DEFINED 0106 20000
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JDN REALTY CORP COM 465917102 1188 53100 SH DEFINED 0132 53100
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J&L STEEL COM 466046109 4813 350000 SH DEFINED 0131 350000
J&L STEEL COM 466046109 220 16000 SH DEFINED 0103 16000
JP REALTY COM 46624A106 2751 135000 SH DEFINED 0107 135000
JWP INC COM 466265105 1 1159292 SH DEFINED 0103 147103 1012189
JACOBS ENGR GROUP COM 469814107 14400 600000 SH DEFINED 0126 600000
JAMES RIVER COM 470349101 45 2465 SH DEFINED 0103 2465
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 70 1479 SH DEFINED 0103 1479
JOHN NUVEEN COM 478035108 69 3000 SH DEFINED 0102 3000
JOHN NUVEEN COM 478035108 1453 63859 SH DEFINED 0103 63859
JOHNSON & JOHNSON COM 478160104 9438 250000 SH DEFINED 0124 250000
JOHNSON & JOHNSON COM 478160104 76 2000 SH DEFINED 0125 2000
JOHNSON & JOHNSON COM 478160104 22 600 SH DEFINED 0102 600
JOHNSON & JOHNSON COM 478160104 6984 185000 SH DEFINED 0131 185000
JOHNSON & JOHNSON COM 478160104 1107 29323 SH DEFINED 0103 29323
JOHNSON & JOHNSON COM 478160104 5021 133000 SH DEFINED 01 133000
JOHNSON CONTROLS COM 478366107 71 1283 SH DEFINED 0103 1283
<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
JOSTENS A. INC. COM 481088102 14450 850000 SH DEFINED 0113 850000
JOSTENS A. INC. COM 481088102 23 1381 SH DEFINED 0103 1381
K-MART CORPORATION COM 482584109 22656 1250000 SH DEFINED 0113 1250000
K-MART CORPORATION COM 482584109 7250 400000 SH DEFINED 0131 400000
K-MART CORPORATION COM 482584109 573 31628 SH DEFINED 0103 31628
K-MART CVT SER A PREFERRED STOCK 482584208 366 10000 SH DEFINED 01 10000
KN ENERGY COM 482620101 6750 300000 SH DEFINED 0132 300000
KIII COMM $100 PIK PREFERRED STOCK 482727401 8896 89402 SH DEFINED 0109 89402
KANSAS CITY SO IND COM 485170104 28 550 SH DEFINED 0102 550
KANSAS CITY SO IND COM 485170104 410 8100 SH DEFINED 0103 8100
KARCHER CARL ENTERPR COM 485636104 2789 230049 SH DEFINED 0103 230049
KASH & KARRY "C" COM 485773980 16 3250 SH DEFINED 0109 3250
KASH & KARRY B COM 485773998 111 1625 SH DEFINED 0109 1625
KAUFMAN & BROAD HOME COM 486168107 3950 200000 SH DEFINED 0124 200000
KAUFMAN & BROAD HOME COM 486168107 22 1100 SH DEFINED 0102 1100
KAUFMAN & BROAD HOME COM 486168107 376 19086 SH DEFINED 0103 18100 986
KELLOGG CO. COM 487836108 345 6761 SH DEFINED 0103 6761
KELLY SERVICES COM 488152208 4050 168750 SH DEFINED 0111 168750
KENDALL CORP COM 488751108 2848 71649 SH DEFINED 0103 71649
KENETECH COM 488878109 2325 100000 SH DEFINED 0106 100000
KENETECH COM 488878109 3488 150000 SH DEFINED 0111 150000
KENETECH COM 488878109 1046 45000 SH DEFINED 011619 45000
KENETECH COM 488878109 2558 110000 SH DEFINED 011614 110000
KENETECH COM 488878109 4805 206600 SH DEFINED 0102 206600
KENETECH COM 488878109 2906 125000 SH DEFINED 0131 125000
KENETECH COM 488878109 93 4000 SH DEFINED 0103 4000
KENT ELECTRONICS COM 490553104 642 24000 SH DEFINED 011619 24000
KERR MCGEE COM 492386107 61 1479 SH DEFINED 0103 1479
KEYCORP NEW COM 493267108 18000 600000 SH DEFINED 0113 600000
KEYCORP NEW COM 493267108 210 7000 SH DEFINED 0103 7000
KEYSTONE INTL INC COM 493503106 36 1500 SH DEFINED 0102 1500
KEYSTONE INTL INC COM 493503106 526 21800 SH DEFINED 0103 21800
KEYSTONE INTL INC COM 493503106 2774 115000 SH DEFINED 01 115000
KIMBERLY CLARK COM 494368103 29081 550000 SH DEFINED 0130 550000
KIMBERLY CLARK COM 494368103 14519 274600 SH DEFINED 011516 274600
KIMBERLY CLARK COM 494368103 255 4832 SH DEFINED 0103 4832
KIMBERLY CLARK COM 494368103 12690 240000 SH DEFINED 01 240000
KIMCO REALTY CORP COM 49446R109 4484 125000 SH DEFINED 0130 125000
KIMCO REALTY CORP COM 49446R109 3946 110000 SH DEFINED 0131 110000
KIMCO REALTY CORP COM 49446R109 190 5300 SH DEFINED 0103 5300
KINGWORLD PRODUCTION COM 495667107 40 1084 SH DEFINED 0103 1084
KLOOF GOLD MININGADR COM 498746502 2053 225000 SH DEFINED 0127 225000
KNIGHT-RIDDER INC. COM 499040103 90 1577 SH DEFINED 0103 1577
KOHLS CORP COM 500255104 6094 125000 SH DEFINED 0106 125000
KOHLS CORP COM 500255104 5850 120000 SH DEFINED 011614 120000
KOHLS CORP COM 500255104 22991 471600 SH DEFINED 0102 471600
KOHLS CORP COM 500255104 8288 170000 SH DEFINED 0131 170000
KOHLS CORP COM 500255104 410 8400 SH DEFINED 0103 8400
KRANZCO REALTY COM 50076E103 3719 175000 SH DEFINED 0130 175000
KRANZCO REALTY COM 50076E103 4076 191800 SH DEFINED 0107 191800
<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
KRANZCO REALTY COM 50076E103 4781 225000 SH DEFINED 0131 225000
KRANZCO REALTY COM 50076E103 219 10300 SH DEFINED 0103 10300
KRANZCO REALTY COM 50076E103 3315 156000 SH DEFINED 01 156000
KROGER CO CONV BOND 501044BE0 5360 4000000 PRN DEFINED 0107 4000000
KROGER CO. COM 501044101 1433 60000 SH DEFINED 011620 60000
KROGER CO. COM 501044101 73 3056 SH DEFINED 0103 3056
LCI INTL COM 501813109 1913 50000 SH DEFINED 0106 50000
LCI INTL COM 501813109 1913 50000 SH DEFINED 011614 50000
LCI INTL INC $25 CONV PFD STOCK 501813208 718 24750 SH DEFINED 0132 24750
LCI INTL INC $25 CONV PFD STOCK 501813208 8700 300000 SH DEFINED 0107 300000
LCI INTL INC $25 CONV PFD STOCK 501813208 11600 400000 SH DEFINED 011516 400000
LG AND E ENERGY CORP COM 501917108 6043 165000 SH DEFINED 0132 165000
LTV CORP NEW COM 501921100 7875 525000 SH DEFINED 0108 525000
LTV CORP NEW COM 501921100 6000 400000 SH DEFINED 011618 400000
LTV CORP NEW COM 501921100 46298 3085570 SH DEFINED 0102 1130900 1954670
LTV CORP NEW COM 501921100 587 39100 SH DEFINED 0103 39100
LSB INDUSTRIES $50 CONV PFD STOCK 502160500 4950 100000 SH DEFINED 0124 100000
LSB INDUSTRIES $50 CONV PFD STOCK 502160500 3960 80000 SH DEFINED 0107 80000
LTC PROPERTIES COM 502175102 5300 400000 SH DEFINED 0113 400000
LTC PROPERTIES COM 502175102 3975 300000 SH DEFINED 0132 300000
LTC PROPERTIES COM 502175102 4969 375000 SH DEFINED 0107 375000
LAC MINERALS ORD COM 505458109 431 50000 SH DEFINED 0127 50000
LAM RESEARCH CORP COM 512807108 3023 97500 SH DEFINED 011614 97500
LAM RESEARCH CORP COM 512807108 4672 150700 SH DEFINED 0102 150700
LAM RESEARCH CORP COM 512807108 88 2850 SH DEFINED 0103 2850
LANCASTER COLONY COR COM 513847103 52 1200 SH DEFINED 0102 1200
LANCASTER COLONY COR COM 513847103 835 19300 SH DEFINED 0103 19300
LAND AIR COM 514759109 901 40500 SH DEFINED 0106 40500
LANDAMARK COMM COM 515090108 2562 15530 SH DEFINED 0102 15530
LASALLE NATL $50 PREFERRED STOCK 5180283*4 8156 150000 SH DEFINED 01 150000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 3263 60000 SH DEFINED 0116 60000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 2175 40000 SH DEFINED 0116 40000
LEAR HOLDINGS CORP COM 521871103 2826 5950 SH DEFINED 0109 5950
LEASEWAY TRANSPORT COM 522075100 8026 721428 SH DEFINED 0109 721428
LEGENT CORP COM 52465R109 1403 55000 SH DEFINED 011620 55000
LENNAR CORP COM 526057104 9300 300000 SH DEFINED 0108 300000
LENNAR CORP COM 526057104 25 800 SH DEFINED 0102 800
LENNAR CORP COM 526057104 406 13100 SH DEFINED 0103 13100
LEUCADIA NAT'L CONV BOND 527288AG9 4827 4900000 PRN DEFINED 0104 4900000
LEUCADIA NAT'L CONV BOND 527288AG9 2561 2600000 PRN DEFINED 0131 2600000
LIBERTY MEDIA CL E PREFERRED STOCK 530715507 3000 40000 SH DEFINED 0128 40000
LIBERTY MEDIA CL E PREFERRED STOCK 530715507 7500 100000 SH DEFINED 0109 100000
LIBERTY MEDIA CL E PREFERRED STOCK 530715507 1875 25000 SH DEFINED 0131 25000
ELI LILLY COM 532457108 432 8676 SH DEFINED 0103 8676
THE LIMITED INC COM 532716107 8350 400000 SH DEFINED 0124 400000
THE LIMITED INC COM 532716107 374 17900 SH DEFINED 0125 17900
THE LIMITED INC COM 532716107 52 2500 SH DEFINED 0102 2500
THE LIMITED INC COM 532716107 376 18047 SH DEFINED 0103 18047
LIN BROADCASTING COM 532763109 24188 225000 SH DEFINED 0130 225000
LIN BROADCASTING COM 532763109 26875 250000 SH DEFINED 011516 250000
<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
LIN BROADCASTING COM 532763109 15588 145000 SH DEFINED 011618 145000
LIN BROADCASTING COM 532763109 1613 15000 SH DEFINED 011620 15000
LIN BROADCASTING COM 532763109 49777 462993 SH DEFINED 0102 99500 363493
LIN BROADCASTING COM 532763109 3817 35500 SH DEFINED 0103 35500
LIN BROADCASTING COM 532763109 12256 114000 SH DEFINED 01 114000
LINCOLN NAT COM 534187109 107 2662 SH DEFINED 0103 2662
LINEAR TECHNOLOGY COM 535678106 25350 600000 SH DEFINED 0126 600000
LINEAR TECHNOLOGY COM 535678106 6338 150000 SH DEFINED 0106 150000
LINEAR TECHNOLOGY COM 535678106 5704 135000 SH DEFINED 011614 135000
LINEAR TECHNOLOGY COM 535678106 15330 362800 SH DEFINED 0102 362800
LINEAR TECHNOLOGY COM 535678106 6971 165000 SH DEFINED 0131 165000
LINEAR TECHNOLOGY COM 535678106 292 6900 SH DEFINED 0103 6900
LIZ CLAIBORNE COM 539320101 58 2465 SH DEFINED 0103 2465
LOCKHEED CORP COM 539821108 120 1874 SH DEFINED 0103 1874
LONE STAR STEAK HS COM 542307103 4316 183633 SH DEFINED 0102 183633
LONE STAR STEAK HS COM 542307103 52 2200 SH DEFINED 0103 2200
LONG ISLAND LIGHTING COM 542671102 17944 825000 SH DEFINED 0113 825000
LONG ISLAND LIGHTING PREFERRED STOCK 5426719A2 934 9199 SH DEFINED 0105 9199
LONGS DRUG STORES COM 543162101 20 591 SH DEFINED 0103 591
LONGVIEW FIBRE WASH COM 543213102 4320 240000 SH DEFINED 0128 240000
LONGVIEW FIBRE WASH COM 543213102 1350 75000 SH DEFINED 011620 75000
LONGVIEW FIBRE WASH COM 543213102 5256 292000 SH DEFINED 0131 292000
LONGVIEW FIBRE WASH COM 543213102 241 13400 SH DEFINED 0103 13400
LORAL COM 543859102 1200 32000 SH DEFINED 0125 32000
LORAL COM 543859102 165 4400 SH DEFINED 0102 4400
LORAL COM 543859102 578 15398 SH DEFINED 0103 15398
LORAL COM 543859102 86 2300 SH DEFINED 01 2300
LOTUS DEV CORP COM 545700106 5288 75000 SH DEFINED 0108 75000
LOTUS DEV CORP COM 545700106 10575 150000 SH DEFINED 0126 150000
LOTUS DEV CORP COM 545700106 7050 100000 SH DEFINED 0106 100000
LOTUS DEV CORP COM 545700106 1304 18500 SH DEFINED 011622 18500
LOTUS DEV CORP COM 545700106 2869 40700 SH DEFINED 011623 40700
LOTUS DEV CORP COM 545700106 1058 15000 SH DEFINED 011619 15000
LOTUS DEV CORP COM 545700106 7050 100000 SH DEFINED 011614 100000
LOTUS DEV CORP COM 545700106 7382 104690 SH DEFINED 0102 45300 59390
LOTUS DEV CORP COM 545700106 7050 100000 SH DEFINED 0131 100000
LOTUS DEV CORP COM 545700106 90 1282 SH DEFINED 0103 1282
LOUISIANA LAND/EXP COM 546268103 260 7200 SH DEFINED 0125 7200
LOUISIANA LAND/EXP COM 546268103 36 1000 SH DEFINED 0102 1000
LOUISIANA LAND/EXP COM 546268103 133 3688 SH DEFINED 0103 3688
LOUISIANA PAC. COM 546347105 114 3154 SH DEFINED 0103 3154
LOWE'S CO'S COM 548661107 16770 260000 SH DEFINED 0131 260000
LOWE'S CO'S COM 548661107 146 2269 SH DEFINED 0103 2269
LUBY'S CAFETERIES COM 549282101 18 788 SH DEFINED 0103 788
LUKENS INC COM 549866101 18675 600000 SH DEFINED 0130 600000
LUKENS INC COM 549866101 1089 35000 SH DEFINED 011622 35000
LUKENS INC COM 549866101 2334 75000 SH DEFINED 011623 75000
LYONDELL PETROCHEM COM 552078107 6563 300000 SH DEFINED 0124 300000
LYONDELL PETROCHEM COM 552078107 4375 200000 SH DEFINED 0107 200000
LYONDELL PETROCHEM COM 552078107 20844 952980 SH DEFINED 0102 226000 726980
<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
LYONDELL PETROCHEM COM 552078107 11047 505000 SH DEFINED 01 505000
MA/COM COM 552618100 4 689 SH DEFINED 0103 689
MBNA COM 55262L100 42250 2000000 SH DEFINED 0126 2000000
MBNA COM 55262L100 23766 1125000 SH DEFINED 0113 1125000
MBNA COM 55262L100 4753 225000 SH DEFINED 0132 225000
MBNA COM 55262L100 28519 1350000 SH DEFINED 0124 1350000
MBNA COM 55262L100 2218 105000 SH DEFINED 0107 105000
MBNA COM 55262L100 1268 60000 SH DEFINED 011622 60000
MBNA COM 55262L100 2958 140000 SH DEFINED 011623 140000
MBNA COM 55262L100 900 42501 SH DEFINED 0102 42501
MBNA COM 55262L100 9506 450000 SH DEFINED 0131 450000
MBNA COM 55262L100 804 38066 SH DEFINED 0103 10450 27616
MCI COMMUNICATIONS COM 552673105 37400 1600000 SH DEFINED 0126 1600000
MCI COMMUNICATIONS COM 552673105 9350 400000 SH DEFINED 0132 400000
MCI COMMUNICATIONS COM 552673105 28050 1200000 SH DEFINED 0124 1200000
MCI COMMUNICATIONS COM 552673105 1702 72800 SH DEFINED 0125 72800
MCI COMMUNICATIONS COM 552673105 2454 105000 SH DEFINED 011622 105000
MCI COMMUNICATIONS COM 552673105 5259 225000 SH DEFINED 011623 225000
MCI COMMUNICATIONS COM 552673105 9350 400000 SH DEFINED 011516 400000
MCI COMMUNICATIONS COM 552673105 7013 300000 SH DEFINED 011618 300000
MCI COMMUNICATIONS COM 552673105 15702 671623 SH DEFINED 0102 263900 407723
MCI COMMUNICATIONS COM 552673105 1063 45477 SH DEFINED 0103 45477
MCI COMMUNICATIONS COM 552673105 234 10000 SH DEFINED 01 10000
MFS COMM COM 55272T101 8951 310000 SH DEFINED 011516 310000
MGIC INVESTMENT CORP COM 552848103 23800 800000 SH DEFINED 011516 800000
MGI PROPERTIES COM 552885105 1116 75000 SH DEFINED 0132 75000
M.S. CARRIERS COM 553533100 2588 115000 SH DEFINED 0106 115000
M.S. CARRIERS COM 553533100 2588 115000 SH DEFINED 011614 115000
M.S. CARRIERS COM 553533100 2815 125000 SH DEFINED 0102 125000
M.S. CARRIERS COM 553533100 3150 140000 SH DEFINED 0131 140000
M.S. CARRIERS COM 553533100 54 2400 SH DEFINED 0103 2400
MAANSHAN IRON&STEEL COM 554059105 3785 100000 SH DEFINED 0111 100000
MACFRUGALS BARGAINS COM 554152108 3890 234000 SH DEFINED 0128 234000
MACFRUGALS BARGAINS COM 554152108 5337 321000 SH DEFINED 0131 321000
MACFRUGALS BARGAINS COM 554152108 244 14700 SH DEFINED 0103 14700
MADECO COM 556304103 5119 175000 SH DEFINED 0130 175000
MADECO COM 556304103 7313 250000 SH DEFINED 01 250000
MADECO COM 556304103 1316 45000 SH DEFINED 011620 45000
MASISA COM 556465102 3863 150000 SH DEFINED 0124 150000
MAGMA COPPER NEW CLB COM 559177209 1695 120000 SH DEFINED 0128 120000
MAGMA COPPER NEW CLB COM 559177209 5368 380000 SH DEFINED 0124 380000
MAGMA COPPER $50 CVT CONV PFD STOCK 559177308 831 14300 SH DEFINED 0128 14300
MAGMA COPPER $50 CVT CONV PFD STOCK 559177308 2906 50000 SH DEFINED 0104 50000
MAGMA COPPER $50 CVT CONV PFD STOCK 559177308 1784 30700 SH DEFINED 0107 30700
MAGMA COPPER $50 CVT CONV PFD STOCK 559177308 2034 35000 SH DEFINED 011621 35000
MAGMA COPPER $50 CVT CONV PFD STOCK 559177308 872 15000 SH DEFINED 0131 15000
MAGMA COPPER CONV PFD STOCK 559177407 1568 25700 SH DEFINED 0128 25700
MAGMA COPPER CONV PFD STOCK 559177407 3617 59300 SH DEFINED 0107 59300
MAGMA POWER NEW COM 559194105 6450 200000 SH DEFINED 0132 200000
MAGNA INTL COM 559222401 39950 850000 SH DEFINED 0126 850000
<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
MAGNA INTL COM 559222401 3525 75000 SH DEFINED 0124 75000
MAGNA INTL COM 559222401 3008 64000 SH DEFINED 011622 64000
MAGNA INTL COM 559222401 6862 146000 SH DEFINED 011623 146000
MAGNA INTL COM 559222401 38 800 SH DEFINED 0102 800
MAGNA INTL COM 559222401 583 12400 SH DEFINED 0103 12400
MAGNETEK INC COM 559424106 7188 500000 SH DEFINED 011516 500000
MAGNETEK INC COM 559424106 1438 100000 SH DEFINED 011620 100000
MAGNETEK INC COM 559424106 2717 189000 SH DEFINED 01 189000
MAHINDRA & MAHINDRA COM 559832100 2737 299780 SH DEFINED 0124 299780
MALLINCKRODT GROUP COM 561226101 57 1810 SH DEFINED 0102 1810
MALLINCKRODT GROUP COM 561226101 73 2267 SH DEFINED 0103 2267
MANOR CARE INC COM 564054104 46 1676 SH DEFINED 0103 1676
MANPOWER INC 144A CONV BOND 56418HAA8 4500 4000000 PRN DEFINED 0107 4000000
MANVILLE CORP NEW COM 565020302 80 10005 SH DEFINED 0103 10005
MARGARETTEN FINL COM 566576104 3938 300000 SH DEFINED 0128 300000
MARION MERRELL DOW COM 569790108 12144 725000 SH DEFINED 0113 725000
MARK CENTER TRUST COM 570382101 2344 150000 SH DEFINED 0106 150000
MARK CENTER TRUST COM 570382101 1589 101700 SH DEFINED 0132 101700
MARK CENTER TRUST COM 570382101 1719 110000 SH DEFINED 011614 110000
MARSH MCLENNAN CO COM 571748102 20813 250000 SH DEFINED 0113 250000
MARSH MCLENNAN CO COM 571748102 189 2269 SH DEFINED 0103 2269
MARRIOTT INTERNATION COM 571900109 7031 250000 SH DEFINED 0126 250000
MARRIOTT INTERNATION COM 571900109 5625 200000 SH DEFINED 0111 200000
MARRIOTT INTERNATION COM 571900109 1259 44747 SH DEFINED 0116 44747
MARRIOTT INTERNATION COM 571900109 89 3157 SH DEFINED 0103 3157
MARRIOTT INTERNATION COM 571900109 338 12032 SH DEFINED 01 12032
MARTIN MARIETTA COM 572900108 9900 225000 SH DEFINED 0108 225000
MARTIN MARIETTA COM 572900108 1949 44300 SH DEFINED 0125 44300
MARTIN MARIETTA COM 572900108 268 6100 SH DEFINED 0102 6100
MARTIN MARIETTA COM 572900108 913 20760 SH DEFINED 0103 20760
MARTIN MARIETTA COM 572900108 880 20000 SH DEFINED 01 20000
MARTIN MARIETTA COM 573284106 5500 250000 SH DEFINED 0108 250000
MARTIN MARIETTA COM 573284106 4400 200000 SH DEFINED 0124 200000
MARTIN MARIETTA COM 573284106 4400 200000 SH DEFINED 011516 200000
MARYLAND CABLE COM 574035200 4 378000 SH DEFINED 0109 378000
MASCO CORP COM 574599106 18900 600000 SH DEFINED 0130 600000
MASCO CORP COM 574599106 9450 300000 SH DEFINED 0108 300000
MASCO CORP COM 574599106 34650 1100000 SH DEFINED 0124 1100000
MASCO CORP COM 574599106 12600 400000 SH DEFINED 011618 400000
MASCO CORP COM 574599106 29376 932610 SH DEFINED 0102 423750 508860
MASCO CORP COM 574599106 10238 325000 SH DEFINED 0131 325000
MASCO CORP COM 574599106 1192 37835 SH DEFINED 0103 17900 19935
MASCO CORP COM 574599106 9104 289000 SH DEFINED 01 289000
MASCOTECH INC CONV BOND 574670AB1 18125 20000000 PRN DEFINED 0130 20000000
MASCOTECH INC CONV BOND 574670AB1 4531 5000000 PRN DEFINED 0104 5000000
MASCOTECH INC CONV BOND 574670AB1 3172 3500000 PRN DEFINED 011621 3500000
MASCOTECH INC CONV BOND 574670AB1 32 35000 PRN DEFINED 0102 35000
MASCOTECH INC CONV BOND 574670AB1 1359 1500000 PRN DEFINED 0131 1500000
MASCO INDUSTRIES COM 574670105 3075 150000 SH DEFINED 0107 150000
MASCO INDUSTRIES COM 574670105 1435 70000 SH DEFINED 011620 70000
<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
MATRIX SERVICES CO COM 576853105 1451 135000 SH DEFINED 0106 135000
MATRIX SERVICES CO COM 576853105 860 80000 SH DEFINED 011619 80000
MATRIX SERVICES CO COM 576853105 1398 130000 SH DEFINED 011614 130000
MATTEL INC. COM 577081102 25125 1000000 SH DEFINED 0126 1000000
MATTEL INC. COM 577081102 2111 84000 SH DEFINED 0125 84000
MATTEL INC. COM 577081102 1570 62500 SH DEFINED 011622 62500
MATTEL INC. COM 577081102 3612 143750 SH DEFINED 011623 143750
MATTEL INC. COM 577081102 11306 450000 SH DEFINED 011516 450000
MATTEL INC. COM 577081102 21741 865370 SH DEFINED 0102 341050 524320
MATTEL INC. COM 577081102 1603 63782 SH DEFINED 0103 24725 39057
MATTEL INC. COM 577081102 13951 555250 SH DEFINED 01 555250
MAXIM INTEGRATED COM 57772K101 5427 108000 SH DEFINED 0106 108000
MAXIM INTEGRATED COM 57772K101 15075 300000 SH DEFINED 0111 300000
MAXIM INTEGRATED COM 57772K101 754 15000 SH DEFINED 011619 15000
MAXIM INTEGRATED COM 57772K101 4523 90000 SH DEFINED 011614 90000
MAXIM INTEGRATED COM 57772K101 17458 347400 SH DEFINED 0102 347400
MAXIM INTEGRATED COM 57772K101 332 6600 SH DEFINED 0103 6600
MAXUS ENERGY CORP COM 577730104 17 3944 SH DEFINED 0103 3944
MAY DEPT STORES COM 577778103 7284 175000 SH DEFINED 0131 175000
MAY DEPT STORES COM 577778103 658 15795 SH DEFINED 0103 15795
MAY DEPT STORES COM 577778103 1249 30000 SH DEFINED 01 30000
MAYFLOWER GROUP INC COM 578349102 45 4462 SH DEFINED 0103 4462
MAYTAG CO COM 578592107 23906 1275000 SH DEFINED 0130 1275000
MAYTAG CO COM 578592107 16875 900000 SH DEFINED 0113 900000
MAYTAG CO COM 578592107 5625 300000 SH DEFINED 011618 300000
MAYTAG CO COM 578592107 26197 1397107 SH DEFINED 0102 612850 784257
MAYTAG CO COM 578592107 11250 600000 SH DEFINED 0131 600000
MAYTAG CO COM 578592107 2598 138505 SH DEFINED 0103 106450 32055
MAYTAG CO COM 578592107 2532 135000 SH DEFINED 01 135000
MCCAW CELLULAR COMM COM 579468109 39600 800000 SH DEFINED 0126 800000
MCCAW CELLULAR COMM COM 579468109 4950 100000 SH DEFINED 0111 100000
MCCAW CELLULAR COMM COM 579468109 9900 200000 SH DEFINED 0132 200000
MCCAW CELLULAR COMM COM 579468109 19800 400000 SH DEFINED 0124 400000
MCCAW CELLULAR COMM COM 579468109 2723 55000 SH DEFINED 011622 55000
MCCAW CELLULAR COMM COM 579468109 5742 116000 SH DEFINED 011623 116000
MCCAW CELLULAR COMM COM 579468109 13365 270000 SH DEFINED 011618 270000
MCCAW CELLULAR COMM COM 579468109 150 3000 SH DEFINED 0102 3000
MCCAW CELLULAR COMM COM 579468109 3713 75000 SH DEFINED 0131 75000
MCCAW CELLULAR COMM COM 579468109 299 6035 SH DEFINED 0103 6035
MCDERMOTT INTL COM 580037109 30 1478 SH DEFINED 0103 1478
MCDONALDS COM 580135101 34125 600000 SH DEFINED 0126 600000
MCDONALDS COM 580135101 4050 71200 SH DEFINED 0125 71200
MCDONALDS COM 580135101 25594 450000 SH DEFINED 011516 450000
MCDONALDS COM 580135101 15925 280000 SH DEFINED 011618 280000
MCDONALDS COM 580135101 15555 273505 SH DEFINED 0102 73250 200255
MCDONALDS COM 580135101 11375 200000 SH DEFINED 0131 200000
MCDONALDS COM 580135101 3473 61054 SH DEFINED 0103 10550 50504
MCDONALDS COM 580135101 9140 160700 SH DEFINED 01 160700
MCDONNELL DOUGLASS COM 580169100 570 5300 SH DEFINED 0125 5300
MCDONNELL DOUGLASS COM 580169100 75 700 SH DEFINED 0102 700
<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
MCDONNELL DOUGLASS COM 580169100 367 3404 SH DEFINED 0103 3404
MCDONNELL DOUGLASS COM 580169100 86 800 SH DEFINED 01 800
MC GRAW-HILL COM 580645109 22881 350000 SH DEFINED 0130 350000
MC GRAW-HILL COM 580645109 10787 165000 SH DEFINED 0108 165000
MC GRAW-HILL COM 580645109 17978 275000 SH DEFINED 0113 275000
MC GRAW-HILL COM 580645109 8826 135000 SH DEFINED 011618 135000
MC GRAW-HILL COM 580645109 97 1479 SH DEFINED 0103 1479
MCKESSON CORP COM 581556107 4272 71800 SH DEFINED 0124 71800
MCKESSON CORP COM 581556107 76 1282 SH DEFINED 0103 1282
MEAD CORP COM 582834107 69 1675 SH DEFINED 0103 1675
MEDCO CONTAINMENT CONV BOND 583905AC8 3250 2500000 PRN DEFINED 0107 2500000
MEDAPHIS CORP 144A CONV BOND 584028AA2 7260 5500000 PRN DEFINED 011516 5500000
MEDAPHIS CORP COM 584028104 50 1500 SH DEFINED 0106 1500
MEDAPHIS CORP COM 584028104 6650 200000 SH DEFINED 011516 200000
MEDAPHIS CORP COM 584028104 3325 100000 SH DEFINED 011619 100000
MEDAPHIS CORP COM 584028104 53 1600 SH DEFINED 011614 1600
MEDAPHIS CORP COM 584028104 672 20244 SH DEFINED 0102 20244
MEDAPHIS CORP COM 584028104 63 1900 SH DEFINED 0131 1900
MEDAR INC. COM 584029102 813 65000 SH DEFINED 011619 65000
MEDICAL CARE AMERICA COM 58450C106 6906 325000 SH DEFINED 011516 325000
MEDICAL CARE INTL CONV BOND 584505AC5 18300 20000000 PRN DEFINED 0130 20000000
MEDICAL CARE INTL CONV BOND 584505AC5 5948 6500000 PRN DEFINED 0124 6500000
MEDICUS SYSTEMS CORP COM 58469K107 210 12000 SH DEFINED 0106 12000
MEDICUS SYSTEMS CORP COM 58469K107 228 13000 SH DEFINED 011614 13000
MEDITRUST COM 58501T108 9713 300000 SH DEFINED 0113 300000
MEDITRUST COM 58501T108 3885 120000 SH DEFINED 0132 120000
MEDITRUST COM 58501T108 3238 100000 SH DEFINED 0107 100000
MEDITRUST COM 58501T108 5212 161000 SH DEFINED 01 161000
MEDSTAT GROUP INC COM 585051105 5338 350000 SH DEFINED 011516 350000
MEDTRONIC COM 585055106 24000 300000 SH DEFINED 0126 300000
MEDTRONIC COM 585055106 16000 200000 SH DEFINED 0124 200000
MEDTRONIC COM 585055106 2088 26100 SH DEFINED 0125 26100
MEDTRONIC COM 585055106 3600 45000 SH DEFINED 011622 45000
MEDTRONIC COM 585055106 8000 100000 SH DEFINED 011623 100000
MEDTRONIC COM 585055106 2910 36371 SH DEFINED 0102 9350 27021
MEDTRONIC COM 585055106 7200 90000 SH DEFINED 0131 90000
MEDTRONIC COM 585055106 981 12266 SH DEFINED 0103 12266
MEDTRONIC COM 585055106 104 1300 SH DEFINED 01 1300
MELLON BANK CORP COM 585509102 105 1867 SH DEFINED 0103 1867
MELVILLE CORP COM 585745102 21922 575000 SH DEFINED 0113 575000
MELVILLE CORP COM 585745102 743 19500 SH DEFINED 0125 19500
MELVILLE CORP COM 585745102 103 2700 SH DEFINED 0102 2700
MELVILLE CORP COM 585745102 5719 150000 SH DEFINED 0131 150000
MELVILLE CORP COM 585745102 704 18456 SH DEFINED 0103 18456
MENS WEARHOUSE INC COM 587118100 1710 60000 SH DEFINED 0106 60000
MENS WEARHOUSE INC COM 587118100 1767 62000 SH DEFINED 011614 62000
MENS WEARHOUSE INC COM 587118100 2138 75000 SH DEFINED 0131 75000
MENS WEARHOUSE INC COM 587118100 170 5965 SH DEFINED 0103 5965
MERCANTILE BANCORPOR COM 587342106 5984 125000 SH DEFINED 0128 125000
MERCANTILE BANCORPOR COM 587342106 4309 90000 SH DEFINED 0106 90000
<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
MERCANTILE BANCORPOR COM 587342106 4788 100000 SH DEFINED 011614 100000
MERCANTILE BANCORPOR COM 587342106 12447 260000 SH DEFINED 0131 260000
MERCANTILE BANCORPOR COM 587342106 345 7200 SH DEFINED 0103 7200
MERCANTILE STORES COM 587533100 13388 350000 SH DEFINED 0113 350000
MERCANTILE STORES COM 587533100 3825 100000 SH DEFINED 0131 100000
MERCANTILE STORES COM 587533100 232 6084 SH DEFINED 0103 6084
MERCK COM 589331107 1099 36942 SH DEFINED 0103 36942
MERCURY FINANCE CO COM 589395102 2140 126800 SH DEFINED 011619 126800
MERCURY FINANCE CO COM 589395102 10141 600831 SH DEFINED 0102 600831
MERCURY FINANCE CO COM 589395102 135 8000 SH DEFINED 0103 8000
MERCURY GENERAL CORP COM 589400100 2430 90000 SH DEFINED 0106 90000
MERCURY GENERAL CORP COM 589400100 1890 70000 SH DEFINED 011614 70000
MEREDITH CORP COM 589433101 21 493 SH DEFINED 0103 493
MERRILL LYNCH & CO COM 590188108 5588 150000 SH DEFINED 0108 150000
MERRILL LYNCH & CO COM 590188108 22350 600000 SH DEFINED 0111 600000
MERRILL LYNCH & CO COM 590188108 782 20955 SH DEFINED 0102 12300 8655
MERRILL LYNCH & CO COM 590188108 276 7401 SH DEFINED 0103 7401
MERRY LAND & INVT CO COM 590438107 2100 100000 SH DEFINED 0132 100000
MERRY LAND & INVT CO COM 590438107 2100 100000 SH DEFINED 0107 100000
MERRY LAND & INVT CO COM 590438107 1890 90000 SH DEFINED 011618 90000
MESA AIRLINES COM 590481107 5125 250000 SH DEFINED 0106 250000
MESA AIRLINES COM 590481107 12300 600000 SH DEFINED 0111 600000
MESA AIRLINES COM 590481107 8405 410000 SH DEFINED 011618 410000
MESA AIRLINES COM 590481107 1538 75000 SH DEFINED 011619 75000
MESA AIRLINES COM 590481107 4305 210000 SH DEFINED 011614 210000
MESA AIRLINES COM 590481107 14373 701000 SH DEFINED 0102 701000
MESA AIRLINES COM 590481107 6663 325000 SH DEFINED 0131 325000
MESA AIRLINES COM 590481107 256 12500 SH DEFINED 0103 12500
MEYER (FRED) INC COM 593098106 4373 110000 SH DEFINED 0131 110000
MEYER (FRED) INC COM 593098106 199 5000 SH DEFINED 0103 5000
MICHIGAN NATIONAL CO COM 594563108 3075 50000 SH DEFINED 0107 50000
MICROSOFT COM 594918104 21188 250000 SH DEFINED 0126 250000
MICROSOFT COM 594918104 2966 35000 SH DEFINED 0106 35000
MICROSOFT COM 594918104 29663 350000 SH DEFINED 0111 350000
MICROSOFT COM 594918104 25425 300000 SH DEFINED 0124 300000
MICROSOFT COM 594918104 1271 15000 SH DEFINED 011622 15000
MICROSOFT COM 594918104 2882 34000 SH DEFINED 011623 34000
MICROSOFT COM 594918104 8475 100000 SH DEFINED 011618 100000
MICROSOFT COM 594918104 4238 50000 SH DEFINED 011614 50000
MICROSOFT COM 594918104 63989 755026 SH DEFINED 0102 296960 458066
MICROSOFT COM 594918104 6780 80000 SH DEFINED 0131 80000
MICROSOFT COM 594918104 2004 23650 SH DEFINED 0103 23650
MICRO-CHIP COM 595017104 2295 60000 SH DEFINED 0106 60000
MICRO-CHIP COM 595017104 1339 35000 SH DEFINED 011619 35000
MICRO-CHIP COM 595017104 1339 35000 SH DEFINED 011620 35000
MICRO-CHIP COM 595017104 4781 125000 SH DEFINED 011614 125000
MICRO-CHIP COM 595017104 2907 76000 SH DEFINED 01 76000
MID ATLANTIC MEDICAL COM 59523C107 2454 65000 SH DEFINED 0130 65000
MID ATLANTIC MEDICAL COM 59523C107 3300 87400 SH DEFINED 0102 87400
MID ATLANTIC MEDICAL COM 59523C107 49 1300 SH DEFINED 0103 1300
<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
MID ATLANTIC COM 595232109 2406 250000 SH DEFINED 0107 250000
MIDWEST RES COM 598374106 2400 150000 SH DEFINED 0132 150000
MILLIPORE CORP COM 601073109 36 788 SH DEFINED 0103 788
MINN EDUC COMP COM 60400P104 682 62000 SH DEFINED 011619 62000
MN MINING & MFG CO COM 604059105 27259 275000 SH DEFINED 0130 275000
MN MINING & MFG CO COM 604059105 19825 200000 SH DEFINED 0113 200000
MN MINING & MFG CO COM 604059105 14869 150000 SH DEFINED 011516 150000
MN MINING & MFG CO COM 604059105 4956 50000 SH DEFINED 011618 50000
MN MINING & MFG CO COM 604059105 20 200 SH DEFINED 0102 200
MN MINING & MFG CO COM 604059105 636 6421 SH DEFINED 0103 6421
MN P & L 144A $100 PREFERRED STOCK 6041109C2 5000 50000 SH DEFINED 0105 50000
MN P & L 144A $100 PREFERRED STOCK 6041109C2 3000 30000 SH DEFINED 01 30000
MN P&L 144A 6.70 PREFERRED STOCK 604110999 10313 100000 SH DEFINED 0105 100000
MIRAGE RESORTS INC COM 60462E104 10500 500000 SH DEFINED 0126 500000
MRS FIELDS COM 60650*990 605 20176717 SH DEFINED 0105 20176717
MOBIL COM 607059102 24172 325000 SH DEFINED 0113 325000
MOBIL COM 607059102 558 7500 SH DEFINED 0125 7500
MOBIL COM 607059102 893 12000 SH DEFINED 0107 12000
MOBIL COM 607059102 14875 200000 SH DEFINED 011618 200000
MOBIL COM 607059102 72863 979629 SH DEFINED 0102 345270 634359
MOBIL COM 607059102 9297 125000 SH DEFINED 0131 125000
MOBIL COM 607059102 4309 57931 SH DEFINED 0103 37400 20531
MOBIL COM 607059102 2529 34000 SH DEFINED 01 34000
MOHAWK INDUSTRIES COM 608190104 2589 95000 SH DEFINED 0106 95000
MOHAWK INDUSTRIES COM 608190104 2725 100000 SH DEFINED 0111 100000
MOHAWK INDUSTRIES COM 608190104 3270 120000 SH DEFINED 011618 120000
MOHAWK INDUSTRIES COM 608190104 2589 95000 SH DEFINED 011614 95000
MOHAWK INDUSTRIES COM 608190104 612 22501 SH DEFINED 0102 22501
MOLECULAR DYNAMICS COM 608514105 1400 140000 SH DEFINED 0106 140000
MOLECULAR DYNAMICS COM 608514105 1100 110000 SH DEFINED 011614 110000
MOLECULAR DYNAMICS COM 608514105 1967 196700 SH DEFINED 0102 196700
MOLECULAR DYNAMICS COM 608514105 40 4000 SH DEFINED 0103 4000
MOLEX INC CL A COM 608554200 260 7860 SH DEFINED 0102 1200 6660
MOLTEN METAL TECH COM 608712105 1031 50000 SH DEFINED 0106 50000
MOLTEN METAL TECH COM 608712105 2063 100000 SH DEFINED 0107 100000
MOLTEN METAL TECH COM 608712105 866 42000 SH DEFINED 011614 42000
MOLTEN METAL TECH COM 608712105 1341 65000 SH DEFINED 0131 65000
MONSANTO COMPANY COM 611662107 276 3549 SH DEFINED 0103 3549
MONTEDISON WRNT 1/97 WARRANT 612209973 1617 8000000 SH DEFINED 0107 8000000
MOORE CORP COM 615785102 17694 950000 SH DEFINED 0113 950000
MOORE CORP COM 615785102 53 2858 SH DEFINED 0103 2858
JP MORGAN & CO INC COM 616880100 25 400 SH DEFINED 0102 400
JP MORGAN & CO INC COM 616880100 358 5719 SH DEFINED 0103 5719
MORGAN STANLEY GROUP COM 617446109 6400 100000 SH DEFINED 0108 100000
MORGAN STANLEY GROUP COM 617446109 22400 350000 SH DEFINED 0124 350000
MORRISON KNUDSEN CP COM 618447106 24 887 SH DEFINED 0103 887
MORTON INTERNATIONAL COM 619331101 161 1610 SH DEFINED 0102 500 1110
MORTON INTERNATIONAL COM 619331101 148 1480 SH DEFINED 0103 1480
MOTOR COACH INDS INT COM 619848104 6000 500000 SH DEFINED 0124 500000
MOTOROLA INC LYON CONV BOND 620076AJ8 10920 16000000 PRN DEFINED 011618 16000000
<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
MOTOROLA COM 620076109 131625 1300000 SH DEFINED 0126 1300000
MOTOROLA COM 620076109 30375 300000 SH DEFINED 0111 300000
MOTOROLA COM 620076109 20250 200000 SH DEFINED 0124 200000
MOTOROLA COM 620076109 2693 26600 SH DEFINED 0125 26600
MOTOROLA COM 620076109 8100 80000 SH DEFINED 011622 80000
MOTOROLA COM 620076109 18833 186000 SH DEFINED 011623 186000
MOTOROLA COM 620076109 5063 50000 SH DEFINED 011618 50000
MOTOROLA COM 620076109 101440 1001775 SH DEFINED 0102 373725 628050
MOTOROLA COM 620076109 5994 59186 SH DEFINED 0103 40400 18786
MOTOROLA COM 620076109 3736 36900 SH DEFINED 01 36900
MULTIMEDIA INC NEW COM 62545K107 5950 200000 SH DEFINED 0108 200000
MULTIMEDIA INC NEW COM 62545K107 17850 600000 SH DEFINED 0126 600000
MULTIMEDIA INC NEW COM 62545K107 2975 100000 SH DEFINED 0128 100000
MULTIMEDIA INC NEW COM 62545K107 3537 118900 SH DEFINED 0106 118900
MULTIMEDIA INC NEW COM 62545K107 3136 105400 SH DEFINED 011614 105400
MULTIMEDIA INC NEW COM 62545K107 7046 236800 SH DEFINED 0102 236800
MULTIMEDIA INC NEW COM 62545K107 4712 158400 SH DEFINED 0131 158400
MULTIMEDIA INC NEW COM 62545K107 104 3500 SH DEFINED 0103 3500
MUSICLAND INC COM 62758B109 4388 225000 SH DEFINED 0128 225000
MUSICLAND INC COM 62758B109 3315 170000 SH DEFINED 0106 170000
MUSICLAND INC COM 62758B109 9750 500000 SH DEFINED 011516 500000
MUSICLAND INC COM 62758B109 1404 72000 SH DEFINED 011619 72000
MUSICLAND INC COM 62758B109 3510 180000 SH DEFINED 011614 180000
MUSICLAND INC COM 62758B109 10483 537500 SH DEFINED 0102 537500
MUSICLAND INC COM 62758B109 9768 500900 SH DEFINED 0131 500900
MUSICLAND INC COM 62758B109 484 24800 SH DEFINED 0103 9800 15000
MUTUAL RISK COM 628351108 7388 300000 SH DEFINED 0130 300000
MUTUAL RISK COM 628351108 12313 500000 SH DEFINED 011516 500000
MUTUAL RISK COM 628351108 862 35000 SH DEFINED 011619 35000
MUTUAL RISK COM 628351108 1354 55000 SH DEFINED 011620 55000
NBD BANCORP COM 628900102 137 4832 SH DEFINED 0103 4832
NN BALL AND ROLLER COM 629305103 474 31600 SH DEFINED 0107 31600
NVR INC COM 62944T105 750 100000 SH DEFINED 0109 100000
NACCO IND CL A COM 629579103 10 196 SH DEFINED 0103 196
NALCO CHEMICAL COM 629853102 10238 300000 SH DEFINED 0130 300000
NALCO CHEMICAL COM 629853102 71 2070 SH DEFINED 0103 2070
NATIONAL CITY CORP COM 635405103 13313 500000 SH DEFINED 0113 500000
NATIONAL CITY CORP COM 635405103 3328 125000 SH DEFINED 0107 125000
NATIONAL EDUCATION COM 635771108 5 787 SH DEFINED 0103 787
NATL ENT 4.75 CONV BOND 635819AA3 1 20000 PRN DEFINED 0102 20000
NATIONAL FUEL GAS CO COM 636180101 6000 200000 SH DEFINED 0132 200000
NATIONAL GOLF COM 63623G109 3533 180000 SH DEFINED 011618 180000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1500 60000 SH DEFINED 0104 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1500 60000 SH DEFINED 0109 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1000 40000 SH DEFINED 011621 40000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 250 10000 SH DEFINED 011620 10000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 575 23000 SH DEFINED 0131 23000
NATL INTERGROUP INC COM 636540106 9 592 SH DEFINED 0103 592
NATL MED ENTERPRISE COM 636886103 4838 300000 SH DEFINED 011516 300000
NATL MED ENTERPRISE COM 636886103 79 4930 SH DEFINED 0103 4930
<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
NATL PRESTO IND COM 637215104 4584 103000 SH DEFINED 0128 103000
NATL PRESTO IND COM 637215104 3338 75000 SH DEFINED 0131 75000
NATL PRESTO IND COM 637215104 187 4200 SH DEFINED 0103 4200
NATIONAL RE CORP COM 637340209 1400 50000 SH DEFINED 011620 50000
NATIONAL RE CORP COM 637340209 2744 98000 SH DEFINED 01 98000
NATL SEMICONDUCTOR COM 637640103 66 3155 SH DEFINED 0103 3155
NATL SERVICES IND COM 637657107 37 1479 SH DEFINED 0103 1479
NATL STEEL CORP -CL COM 637844309 4750 400000 SH DEFINED 011516 400000
NAT CORP HOUSING COM 637995994 100 500 SH DEFINED 01 500
NATIONS BANK COM 638585109 29738 650000 SH DEFINED 0130 650000
NATIONS BANK COM 638585109 22875 500000 SH DEFINED 0113 500000
NATIONS BANK COM 638585109 11438 250000 SH DEFINED 0124 250000
NATIONS BANK COM 638585109 778 17000 SH DEFINED 0125 17000
NATIONS BANK COM 638585109 5719 125000 SH DEFINED 0107 125000
NATIONS BANK COM 638585109 13725 300000 SH DEFINED 011516 300000
NATIONS BANK COM 638585109 4575 100000 SH DEFINED 011618 100000
NATIONS BANK COM 638585109 1601 35000 SH DEFINED 011620 35000
NATIONS BANK COM 638585109 40559 886597 SH DEFINED 0102 380900 505697
NATIONS BANK COM 638585109 7412 162000 SH DEFINED 0131 162000
NATIONS BANK COM 638585109 4048 88518 SH DEFINED 0103 65900 22618
NATIONS BANK COM 638585109 3674 80300 SH DEFINED 01 80300
NATIONWIDE HEALTH COM 638620104 12 300 SH DEFINED 0102 300
NATURE'S BOUNTY INC COM 639017300 3746 185000 SH DEFINED 011516 185000
NAVISTAR INTL CORP COM 63934E108 11 500 SH DEFINED 0125 500
NAVISTAR INTL CORP COM 63934E108 3 130 SH DEFINED 0102 130
NAVISTAR INTL CORP COM 63934E108 2361 106136 SH DEFINED 0103 106136
NELSON (THOMAS) INC COM 640376109 3900 200000 SH DEFINED 0111 200000
NETFRAME SYSTEM COM 641106109 2175 145000 SH DEFINED 0106 145000
NETFRAME SYSTEM COM 641106109 750 50000 SH DEFINED 011619 50000
NETFRAME SYSTEM COM 641106109 2250 150000 SH DEFINED 011614 150000
NETFRAME SYSTEM COM 641106109 2625 175000 SH DEFINED 0131 175000
NET MANAGE COM 641144100 3800 100000 SH DEFINED 011614 100000
NEW ENGLAND ELEC SYS COM 644001109 4183 115000 SH DEFINED 0132 115000
NJ NATL GAS 100 144A PREFERRED STOCK 645869207 20325 200000 SH DEFINED 0105 200000
NEW JERSEY RESOURCES COM 646025106 3656 150000 SH DEFINED 0128 150000
NEW JERSEY RESOURCES COM 646025106 7313 300000 SH DEFINED 0132 300000
NEW JERSEY RESOURCES COM 646025106 2438 100000 SH DEFINED 0107 100000
NEW JERSEY RESOURCES COM 646025106 1463 60000 SH DEFINED 01 45000 15000
NEW YORK ST EL & GAS COM 649840105 15381 575000 SH DEFINED 0113 575000
NEW YORK ST EL & GAS COM 649840105 5350 200000 SH DEFINED 0132 200000
NEW YORK TIMES CLA COM 650111107 10950 400000 SH DEFINED 011516 400000
NEW YORK TIMES CLA COM 650111107 85 3098 SH DEFINED 0103 3098
NEW BRIDGE NETWORKS COM 650901101 6828 125000 SH DEFINED 0106 125000
NEW BRIDGE NETWORKS COM 650901101 7101 130000 SH DEFINED 011614 130000
NEW BRIDGE NETWORKS COM 650901101 8302 152000 SH DEFINED 0102 152000
NEW BRIDGE NETWORKS COM 650901101 8467 155000 SH DEFINED 0131 155000
NEW BRIDGE NETWORKS COM 650901101 180 3300 SH DEFINED 0103 3300
NEWELL CO COM 651192106 89 2267 SH DEFINED 0103 2267
NEWELL CO COM 651192106 1570 40000 SH DEFINED 01 40000
NEWMONT GOLD CORP COM 651637100 983 21200 SH DEFINED 0110 21200
<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
NEWMONT GOLD CORP COM 651637100 928 20000 SH DEFINED 0127 20000
NEWMONT MINING COM 651639106 119 2071 SH DEFINED 0103 2071
NEWS CORP LTD ADR COM 652487703 55413 1100000 SH DEFINED 0126 1100000
NEWS CORP LTD ADR COM 652487703 5038 100000 SH DEFINED 0111 100000
NEWS CORP LTD ADR COM 652487703 3526 70000 SH DEFINED 011622 70000
NEWS CORP LTD ADR COM 652487703 8060 160000 SH DEFINED 011623 160000
NEWS CORP LTD ADR COM 652487703 8564 170000 SH DEFINED 011618 170000
NEWS CORP LTD ADR COM 652487703 788 15644 SH DEFINED 0102 15644
NEWS CORP LTD ADR COM 652487703 13249 263000 SH DEFINED 01 263000
NEXTEL COMMUNICATION COM 65332V103 11775 300000 SH DEFINED 011516 300000
NIAGARA MOHAWK $25 PREFERRED STOCK 65352E9A6 2003 78750 SH DEFINED 0105 78750
NIAGARA MOHAWK POWER COM 653522102 74 4140 SH DEFINED 0103 4140
NIAGARA MOHAWK POWER PREFERRED STOCK 653522821 3409 126243 SH DEFINED 0105 126243
NIAGARA MOHAWK $25 B PREFERRED STOCK 653522847 7239 288113 SH DEFINED 0105 288113
NICOR COM 654086107 4463 175000 SH DEFINED 0132 175000
NICOR COM 654086107 43 1677 SH DEFINED 0103 1677
NIKE INC CL B COM 654106103 429 8100 SH DEFINED 0125 8100
NIKE INC CL B COM 654106103 58 1100 SH DEFINED 0102 1100
NIKE INC CL B COM 654106103 295 5568 SH DEFINED 0103 5568
NOISE CANCELLATION COM 655279107 1356 700000 SH DEFINED 011614 700000
NORDSON CORP COM 655663102 18225 300000 SH DEFINED 011516 300000
NORDSTROM INC COM 655664100 11925 300000 SH DEFINED 0111 300000
NORDSTROM INC COM 655664100 15900 400000 SH DEFINED 0124 400000
NORDSTROM INC COM 655664100 2981 75000 SH DEFINED 011622 75000
NORDSTROM INC COM 655664100 6559 165000 SH DEFINED 011623 165000
NORDSTROM INC COM 655664100 9938 250000 SH DEFINED 0131 250000
NORDSTROM INC COM 655664100 575 14466 SH DEFINED 0103 14466
NORDSTROM INC COM 655664100 1193 30000 SH DEFINED 01 30000
NORFOLK SOUTHERN CO COM 655844108 19388 300000 SH DEFINED 0113 300000
NORFOLK SOUTHERN CO COM 655844108 317 4900 SH DEFINED 0125 4900
NORFOLK SOUTHERN CO COM 655844108 6463 100000 SH DEFINED 011618 100000
NORFOLK SOUTHERN CO COM 655844108 45 700 SH DEFINED 0102 700
NORFOLK SOUTHERN CO COM 655844108 8078 125000 SH DEFINED 0131 125000
NORFOLK SOUTHERN CO COM 655844108 765 11841 SH DEFINED 0103 11841
NORTH AMERICAN MTG C COM 657037107 14463 650000 SH DEFINED 011516 650000
NORTH AMERICAN MTG C COM 657037107 323 14500 SH DEFINED 0103 14500
NORTHEAST UTILITIES COM 664397106 11813 500000 SH DEFINED 0113 500000
NORTHEAST UTILITIES COM 664397106 7088 300000 SH DEFINED 0132 300000
NORTHRN ST PWR CO MN COM 665772109 4088 100000 SH DEFINED 0132 100000
NORTHRN ST PWR CO MN COM 665772109 77 1872 SH DEFINED 0103 1872
NORTHRN TELECOM COM 665815106 7700 275000 SH DEFINED 0130 275000
NORTHRN TELECOM COM 665815106 8960 320000 SH DEFINED 011618 320000
NORTHRN TELECOM COM 665815106 1120 40000 SH DEFINED 011620 40000
NORTHRN TELECOM COM 665815106 28 1000 SH DEFINED 0102 1000
NORTHRN TELECOM COM 665815106 207 7395 SH DEFINED 0103 7395
NORTHERN TRUST CORP COM 665859104 9338 225000 SH DEFINED 0108 225000
NORTHERN TRUST CORP COM 665859104 45650 1100000 SH DEFINED 011516 1100000
NORTHROP COM 666807102 25919 650000 SH DEFINED 0130 650000
NORTHROP COM 666807102 15950 400000 SH DEFINED 0113 400000
NORTHROP COM 666807102 4984 125000 SH DEFINED 0128 125000
<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
NORTHROP COM 666807102 156 3900 SH DEFINED 0125 3900
NORTHROP COM 666807102 2991 75000 SH DEFINED 0107 75000
NORTHROP COM 666807102 11963 300000 SH DEFINED 011516 300000
NORTHROP COM 666807102 11963 300000 SH DEFINED 011618 300000
NORTHROP COM 666807102 20 500 SH DEFINED 0102 500
NORTHROP COM 666807102 119 2980 SH DEFINED 0103 2980
NORTHROP COM 666807102 8175 205000 SH DEFINED 01 205000
NWA COM 667280101 3266 275000 SH DEFINED 011516 275000
NORWST COLLCTV BD FD WARRANT 667350995 121 14793 SH DEFINED 0102 14793
NORTON MCNAUGHTON COM 668685100 5558 285000 SH DEFINED 011516 285000
NORWEST CORP COM 669380107 207 8678 SH DEFINED 0103 8678
NOVACARE INC COM 669930109 11 700 SH DEFINED 0102 700
NOVACARE INC COM 669930109 190 11700 SH DEFINED 0103 11700
NOVELL INC COM 670006105 1622 89500 SH DEFINED 0106 89500
NOVELL INC COM 670006105 9063 500000 SH DEFINED 0124 500000
NOVELL INC COM 670006105 1577 87000 SH DEFINED 011614 87000
NOVELL INC COM 670006105 80 4400 SH DEFINED 0102 4400
NOVELL INC COM 670006105 2238 123500 SH DEFINED 0131 123500
NOVELL INC COM 670006105 163 8973 SH DEFINED 0103 8973
NUCOR CORP COM 670346105 14550 240000 SH DEFINED 0108 240000
NUCOR CORP COM 670346105 20006 330000 SH DEFINED 0126 330000
NUCOR CORP COM 670346105 24250 400000 SH DEFINED 0111 400000
NUCOR CORP COM 670346105 1491 24600 SH DEFINED 0125 24600
NUCOR CORP COM 670346105 3941 65000 SH DEFINED 011622 65000
NUCOR CORP COM 670346105 8609 142000 SH DEFINED 011623 142000
NUCOR CORP COM 670346105 66715 1100343 SH DEFINED 0102 435050 665293
NUCOR CORP COM 670346105 3683 60764 SH DEFINED 0103 48100 12664
NUCOR CORP COM 670346105 7596 125300 SH DEFINED 01 125300
NYNEX COM 670768100 5175 150000 SH DEFINED 0132 150000
NYNEX COM 670768100 425 12326 SH DEFINED 0103 12326
OASIS COM 674216106 2120 80000 SH DEFINED 011618 80000
OCCIDENTAL PETROLEUM COM 674599105 22575 1400000 SH DEFINED 0130 1400000
OCCIDENTAL PETROLEUM COM 674599105 20963 1300000 SH DEFINED 0113 1300000
OCCIDENTAL PETROLEUM COM 674599105 897 55600 SH DEFINED 0110 55600
OCCIDENTAL PETROLEUM COM 674599105 4838 300000 SH DEFINED 0132 300000
OCCIDENTAL PETROLEUM COM 674599105 17738 1100000 SH DEFINED 0124 1100000
OCCIDENTAL PETROLEUM COM 674599105 1019 63200 SH DEFINED 0125 63200
OCCIDENTAL PETROLEUM COM 674599105 4031 250000 SH DEFINED 0107 250000
OCCIDENTAL PETROLEUM COM 674599105 140 8700 SH DEFINED 0102 8700
OCCIDENTAL PETROLEUM COM 674599105 6450 400000 SH DEFINED 0131 400000
OCCIDENTAL PETROLEUM COM 674599105 833 51671 SH DEFINED 0103 51671
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 1958 41000 SH DEFINED 0129 41000
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 2626 55000 SH DEFINED 0104 55000
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 1576 33000 SH DEFINED 0109 33000
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 1480 31000 SH DEFINED 011621 31000
OCCID PETRO 144A $50 CONV PFD STOCK 674599824 669 14000 SH DEFINED 0131 14000
OCEANEERING INT'L COM 675232102 4288 350000 SH DEFINED 0108 350000
OCTUS INC COM 675742209 569 65000 SH DEFINED 0106 65000
OCTUS INC COM 675742209 306 35000 SH DEFINED 011614 35000
OFFICE DEPOT INC COM 676220106 34875 1000000 SH DEFINED 0126 1000000
<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 13950 400000 SH DEFINED 0111 400000
OFFICE DEPOT INC COM 676220106 10463 300000 SH DEFINED 0124 300000
OFFICE DEPOT INC COM 676220106 3488 100000 SH DEFINED 011622 100000
OFFICE DEPOT INC COM 676220106 7673 220000 SH DEFINED 011623 220000
OFFICE DEPOT INC COM 676220106 13078 375000 SH DEFINED 011516 375000
OFFICE DEPOT INC COM 676220106 629 18022 SH DEFINED 0102 18022
OFFICE DEPOT INC COM 676220106 3836 110000 SH DEFINED 0131 110000
OFFICE DEPOT INC COM 676220106 4789 137310 SH DEFINED 0103 5100 132210
OGDEN CORP COM 676346109 29 1281 SH DEFINED 0103 1281
OHIO CASUALTY CORP COM 677240103 12500 200000 SH DEFINED 0113 200000
OHIO EDISON COM 677347106 86 4535 SH DEFINED 0103 4535
OLIN COM 680665205 17627 371100 SH DEFINED 0113 371100
OLSTEN CORP COM 681385100 22488 700000 SH DEFINED 0126 700000
OLSTEN CORP COM 681385100 19275 600000 SH DEFINED 0111 600000
OLSTEN CORP COM 681385100 10601 330000 SH DEFINED 011618 330000
OLSTEN CORP COM 681385100 6418 199800 SH DEFINED 0102 199800
OLSTEN CORP COM 681385100 325 10100 SH DEFINED 0103 10100
OMEGA HEALTH CARE COM 681936100 6975 300000 SH DEFINED 0113 300000
OMEGA HEALTH CARE COM 681936100 3488 150000 SH DEFINED 0132 150000
OMEGA HEALTH CARE COM 681936100 3488 150000 SH DEFINED 0107 150000
ONEOK INC COM 682678107 13 788 SH DEFINED 0103 788
ORACLE SYSTEMS CORP COM 68389X105 64250 2000000 SH DEFINED 0126 2000000
ORACLE SYSTEMS CORP COM 68389X105 11083 345000 SH DEFINED 0106 345000
ORACLE SYSTEMS CORP COM 68389X105 32125 1000000 SH DEFINED 0111 1000000
ORACLE SYSTEMS CORP COM 68389X105 4819 150000 SH DEFINED 011622 150000
ORACLE SYSTEMS CORP COM 68389X105 10794 336000 SH DEFINED 011623 336000
ORACLE SYSTEMS CORP COM 68389X105 7068 220000 SH DEFINED 011618 220000
ORACLE SYSTEMS CORP COM 68389X105 11726 365000 SH DEFINED 011614 365000
ORACLE SYSTEMS CORP COM 68389X105 1134 35378 SH DEFINED 0102 35378
ORACLE SYSTEMS CORP COM 68389X105 14456 450000 SH DEFINED 0131 450000
ORACLE SYSTEMS CORP COM 68389X105 1038 32318 SH DEFINED 0103 23900 8418
ORANGE ROCKLAND$100 PREFERRED STOCK 6848679A4 2686 26171 SH DEFINED 0105 26171
OREGON STEEL MLS INC COM 686079104 10304 448000 SH DEFINED 0124 448000
ORYX ENERGY CO COM 68763F100 46 2859 SH DEFINED 0103 2859
OSHKOSH B-GOSH CLA COM 688222207 7 494 SH DEFINED 0103 494
OUTBACK STEAKHOUSE COM 689899102 3578 135000 SH DEFINED 0106 135000
OUTBACK STEAKHOUSE COM 689899102 3710 140000 SH DEFINED 011614 140000
OUTBACK STEAKHOUSE COM 689899102 9464 357150 SH DEFINED 0102 357150
OUTBACK STEAKHOUSE COM 689899102 135 5100 SH DEFINED 0103 5100
OUTBOARD MARINE COM 690020102 11 591 SH DEFINED 0103 591
OWENS CORNIG FIB NEW COM 690734207 45 1282 SH DEFINED 0103 1282
PECO ENERGY COM 693304107 11 400 SH DEFINED 0102 400
PECO ENERGY COM 693304107 183 6606 SH DEFINED 0103 6606
PLC SYSTEMS COM 69341D104 1469 250000 SH DEFINED 0106 250000
PLC SYSTEMS COM 69341D104 881 150000 SH DEFINED 011614 150000
PNC FINL CORP COM 693475105 23963 900000 SH DEFINED 0130 900000
PNC FINL CORP COM 693475105 19969 750000 SH DEFINED 0113 750000
PNC FINL CORP COM 693475105 378 14200 SH DEFINED 0125 14200
PNC FINL CORP COM 693475105 53 2000 SH DEFINED 0102 2000
PNC FINL CORP COM 693475105 7322 275000 SH DEFINED 0131 275000
<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 678 25502 SH DEFINED 0103 25502
PPG INDUSTRIES INC COM 693506107 227 3055 SH DEFINED 0103 3055
PG PARTNERS WARRANTS COM 693625998 2757 42418 SH DEFINED 0109 42418
PSI ENERGY 7.15 PFD PREFERRED STOCK 693627507 768 8000 SH DEFINED 0116 8000
PSI RESOURCES INC COM 693632101 37 1576 SH DEFINED 0103 1576
PACCAR INC COM 693718108 17595 345000 SH DEFINED 0111 345000
PACCAR INC COM 693718108 105 2070 SH DEFINED 0102 2070
PACCAR INC COM 693718108 62 1218 SH DEFINED 0103 1218
PACIFIC ENTERPRISES COM 694232109 48 2365 SH DEFINED 0103 2365
PACIFIC GAS & ELEC COM 694308107 78 2700 SH DEFINED 0102 2700
PACIFIC GAS & ELEC COM 694308107 373 12818 SH DEFINED 0103 12818
PACIFIC GAS & ELEC PREFERRED STOCK 694308693 12994 525000 SH DEFINED 0105 525000
PACIFIC TELESIS COM 694890104 36838 700000 SH DEFINED 0130 700000
PACIFIC TELESIS COM 694890104 7894 150000 SH DEFINED 0108 150000
PACIFIC TELESIS COM 694890104 36838 700000 SH DEFINED 0126 700000
PACIFIC TELESIS COM 694890104 15788 300000 SH DEFINED 0132 300000
PACIFIC TELESIS COM 694890104 10525 200000 SH DEFINED 0124 200000
PACIFIC TELESIS COM 694890104 3947 75000 SH DEFINED 0125 75000
PACIFIC TELESIS COM 694890104 3947 75000 SH DEFINED 0107 75000
PACIFIC TELESIS COM 694890104 10525 200000 SH DEFINED 011516 200000
PACIFIC TELESIS COM 694890104 7894 150000 SH DEFINED 011618 150000
PACIFIC TELESIS COM 694890104 138246 2626967 SH DEFINED 0102 865250 1761717
PACIFIC TELESIS COM 694890104 11841 225000 SH DEFINED 0131 225000
PACIFIC TELESIS COM 694890104 8498 161472 SH DEFINED 0103 107700 53772
PACIFIC TELESIS COM 694890104 9525 181000 SH DEFINED 01 181000
PACIFIC TELESIS COM 694890997 23344 750000 SH DEFINED 0113 750000
PACIFICARE HEALTHCLB COM 695110205 6685 140000 SH DEFINED 011618 140000
PACIFICORP COM 695114108 7050 400000 SH DEFINED 0132 400000
PACIFICORP COM 695114108 141 7985 SH DEFINED 0103 7985
PACIFICORP $100 PAR PREFERRED STOCK 695114678 16050 150000 SH DEFINED 0105 150000
PACIFICORP $100 PAR PREFERRED STOCK 695114678 9256 86500 SH DEFINED 0116 86500
PACIFICORP $100 PAR PREFERRED STOCK 695114678 1070 10000 SH DEFINED 0116 10000
PAC TEL CRP-AIRTOUCH COM 695252106 3094 150000 SH DEFINED 0130 150000
PAC TEL CRP-AIRTOUCH COM 695252106 4125 200000 SH DEFINED 0111 200000
PAC TEL CRP-AIRTOUCH COM 695252106 10313 500000 SH DEFINED 0124 500000
PAC TEL CRP-AIRTOUCH COM 695252106 7838 380000 SH DEFINED 011516 380000
PAC TEL CRP-AIRTOUCH COM 695252106 6188 300000 SH DEFINED 011618 300000
PAINEWEBBER MASTER COM 695910885 1 120 SH DEFINED 01 120
PALL CORP COM 696429307 8313 500000 SH DEFINED 0108 500000
PALL CORP COM 696429307 59 3550 SH DEFINED 0103 3550
PANHANDLE EASTERN COM 698462108 72 3450 SH DEFINED 0103 3450
PARAMETRIC TECH CORP COM 699173100 8250 300000 SH DEFINED 0108 300000
PARAMETRIC TECH CORP COM 699173100 13750 500000 SH DEFINED 0126 500000
PARAMETRIC TECH CORP COM 699173100 6875 250000 SH DEFINED 0106 250000
PARAMETRIC TECH CORP COM 699173100 1238 45000 SH DEFINED 011619 45000
PARAMETRIC TECH CORP COM 699173100 1238 45000 SH DEFINED 011620 45000
PARAMETRIC TECH CORP COM 699173100 7150 260000 SH DEFINED 011614 260000
PARAMETRIC TECH CORP COM 699173100 22434 815700 SH DEFINED 0102 815700
PARAMETRIC TECH CORP COM 699173100 8800 320000 SH DEFINED 0131 320000
PARAMETRIC TECH CORP COM 699173100 1111 40400 SH DEFINED 0103 40400
<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
PARAMOUNT COMMUNICAT COM 699216107 7335 96519 SH DEFINED 011516 96519
PARAMOUNT COMMUNICAT COM 699216107 5685 74803 SH DEFINED 011618 74803
PARK PLACE COM 699421103 2900 145000 SH DEFINED 011516 145000
PARK PLACE COM 699421103 1100 55000 SH DEFINED 011620 55000
PARK&PAR PT 144A $50 CONV PFD STOCK 701013203 14888 300000 SH DEFINED 0130 300000
PARK&PAR PT 144A $50 CONV PFD STOCK 701013203 4714 95000 SH DEFINED 0107 95000
PARKER & PARSLEY PET COM 701018103 1389 65000 SH DEFINED 011620 65000
PARKER & PARSLEY PET COM 701018103 2473 115700 SH DEFINED 01 115700
PARKER-HANNIFIN COM 701094104 10613 300000 SH DEFINED 0113 300000
PARKER-HANNIFIN COM 701094104 52 1479 SH DEFINED 0103 1479
PAYCHEX INC COM 704326107 3229 90000 SH DEFINED 0106 90000
PAYCHEX INC COM 704326107 3229 90000 SH DEFINED 011614 90000
PAYCHEX INC COM 704326107 13030 363175 SH DEFINED 0102 363175
PAYCHEX INC COM 704326107 2153 60000 SH DEFINED 0131 60000
PAYCHEX INC COM 704326107 983 27400 SH DEFINED 0103 27400
PENNEY J C COM 708160106 47588 900000 SH DEFINED 0126 900000
PENNEY J C COM 708160106 169 3200 SH DEFINED 0125 3200
PENNEY J C COM 708160106 5288 100000 SH DEFINED 0107 100000
PENNEY J C COM 708160106 3701 70000 SH DEFINED 011622 70000
PENNEY J C COM 708160106 8354 158000 SH DEFINED 011623 158000
PENNEY J C COM 708160106 1322 25000 SH DEFINED 011618 25000
PENNEY J C COM 708160106 37 700 SH DEFINED 0102 700
PENNEY J C COM 708160106 7931 150000 SH DEFINED 0131 150000
PENNEY J C COM 708160106 809 15300 SH DEFINED 0103 15300
PENNEY J C COM 708160106 1322 25000 SH DEFINED 01 25000
PENN GAS & WTR $100 PREFERRED STOCK 708747PP9 4119 40000 SH DEFINED 0105 40000
PENN PWR & LT $100 PREFERRED STOCK 709051742 10647 106201 SH DEFINED 0105 106201
PENN PWR & LT $100 PREFERRED STOCK 709051742 873 8704 SH DEFINED 0116 8704
PENNZOIL COM 709903108 3750 75000 SH DEFINED 0107 75000
PENNZOIL COM 709903108 64 1283 SH DEFINED 0103 1283
PEOPLES ENERGY CORP COM 711030106 2913 106400 SH DEFINED 0132 106400
PEOPLES ENERGY CORP COM 711030106 27 985 SH DEFINED 0103 985
PEP BOYS MANNY MOE & COM 713278109 12713 450000 SH DEFINED 0108 450000
PEP BOYS MANNY MOE & COM 713278109 76 2700 SH DEFINED 0102 2700
PEP BOYS MANNY MOE & COM 713278109 1273 45074 SH DEFINED 0103 43300 1774
PEPSICO COM 713448108 20144 550000 SH DEFINED 0130 550000
PEPSICO COM 713448108 4659 127200 SH DEFINED 0125 127200
PEPSICO COM 713448108 4435 121122 SH DEFINED 0102 14000 107122
PEPSICO COM 713448108 2747 74991 SH DEFINED 0103 74991
PEPSICO COM 713448108 18349 501000 SH DEFINED 01 501000
PERFORMANCE FOOD COM 713755106 1203 62500 SH DEFINED 0106 62500
PERFORMANCE FOOD COM 713755106 953 49500 SH DEFINED 011614 49500
PERKIN ELMER COM 714041100 43 1282 SH DEFINED 0103 1282
PET INC COM 715825105 5400 300000 SH DEFINED 011516 300000
PET INC COM 715825105 57 3155 SH DEFINED 0103 3155
PETCO COM 716016100 520 40000 SH DEFINED 0106 40000
PETCO COM 716016100 70 5400 SH DEFINED 011619 5400
PETCO COM 716016100 520 40000 SH DEFINED 011614 40000
PETROLEUM GEO SERV COM 716597109 12425 700000 SH DEFINED 011516 700000
PETSMART COM 716768106 2700 100000 SH DEFINED 0106 100000
<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
PETSMART COM 716768106 6075 225000 SH DEFINED 011516 225000
PETSMART COM 716768106 1161 43000 SH DEFINED 011619 43000
PETSMART COM 716768106 2970 110000 SH DEFINED 011614 110000
PETSMART COM 716768106 5292 196000 SH DEFINED 0102 196000
PETSMART COM 716768106 100 3700 SH DEFINED 0103 3700
PFIZER COM 717081103 20250 375000 SH DEFINED 0130 375000
PFIZER COM 717081103 27000 500000 SH DEFINED 0124 500000
PFIZER COM 717081103 4379 81100 SH DEFINED 0125 81100
PFIZER COM 717081103 16740 310000 SH DEFINED 011516 310000
PFIZER COM 717081103 33135 613630 SH DEFINED 0102 210950 402680
PFIZER COM 717081103 13500 250000 SH DEFINED 0131 250000
PFIZER COM 717081103 3390 62779 SH DEFINED 0103 13500 49279
PFIZER COM 717081103 1458 27000 SH DEFINED 01 27000
PHELPS DODGE COM 717265102 5225 100000 SH DEFINED 0107 100000
PHELPS DODGE COM 717265102 111522 2134392 SH DEFINED 0102 815675 1318717
PHELPS DODGE COM 717265102 4388 83970 SH DEFINED 0103 81900 2070
PHELPS DODGE COM 717265102 3867 74000 SH DEFINED 01 74000
PHILIP MORRIS COM 718154107 2538 50000 SH DEFINED 0107 50000
PHILIP MORRIS COM 718154107 27405 540000 SH DEFINED 011516 540000
PHILIP MORRIS COM 718154107 1314 25897 SH DEFINED 0103 25897
PHILIP MORRIS COM 718154107 5740 113100 SH DEFINED 01 65000 48100
PHILIPPINE LD144A$25 CONV PFD STOCK 718252505 2485 70000 SH DEFINED 0132 70000
PHILLIPS PETROLEUM COM 718507106 674 25300 SH DEFINED 0125 25300
PHILLIPS PETROLEUM COM 718507106 93 3500 SH DEFINED 0102 3500
PHILLIPS PETROLEUM COM 718507106 481 18090 SH DEFINED 0103 18090
PHILLIPS-VAN HEUSEN COM 718592108 7673 220000 SH DEFINED 0106 220000
PHILLIPS-VAN HEUSEN COM 718592108 5978 171400 SH DEFINED 011614 171400
PHILLIPS-VAN HEUSEN COM 718592108 17900 513200 SH DEFINED 0102 513200
PHILLIPS-VAN HEUSEN COM 718592108 8719 250000 SH DEFINED 0131 250000
PHILLIPS-VAN HEUSEN COM 718592108 317 9100 SH DEFINED 0103 9100
PHYCOR COM 71940F100 3938 125000 SH DEFINED 0106 125000
PHYCOR COM 71940F100 7875 250000 SH DEFINED 011516 250000
PHYCOR COM 71940F100 4095 130000 SH DEFINED 011614 130000
PHYCOR COM 71940F100 3162 100400 SH DEFINED 0102 100400
PHYCOR COM 71940F100 47 1500 SH DEFINED 0103 1500
PHYSICIAN CORP AMERI COM 71940P108 3461 130000 SH DEFINED 0130 130000
PHYSICIAN CORP AMERI COM 71940P108 1464 55000 SH DEFINED 011620 55000
PHYSICIANS CLINIC CONV BOND 71940RAA2 2438 2500000 PRN DEFINED 0107 2500000
PIEDMONT BANKGROUP I COM 720126101 128 5780 SH DEFINED 0102 1405 4375
PIEDMONT NATURAL GAS COM 720186105 4095 195000 SH DEFINED 0132 195000
PIONEER HI-BRED COM 723686101 9825 300000 SH DEFINED 011516 300000
PIONEER HI-BRED COM 723686101 93 2850 SH DEFINED 0103 2850
PITNEY BOWES COM 724479100 20313 500000 SH DEFINED 0130 500000
PITNEY BOWES COM 724479100 24375 600000 SH DEFINED 0124 600000
PITNEY BOWES COM 724479100 3270 80500 SH DEFINED 0125 80500
PITNEY BOWES COM 724479100 9141 225000 SH DEFINED 011516 225000
PITNEY BOWES COM 724479100 12188 300000 SH DEFINED 011618 300000
PITNEY BOWES COM 724479100 451 11100 SH DEFINED 0102 11100
PITNEY BOWES COM 724479100 8125 200000 SH DEFINED 0131 200000
PITNEY BOWES COM 724479100 1887 46434 SH DEFINED 0103 46434
<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
PITNEY BOWES COM 724479100 12386 304900 SH DEFINED 01 304900
PITTSTON SERVICES GP COM 725701106 38647 1736937 SH DEFINED 0103 1735854 1083
PITTSTON MINERALS GP COM 725701205 6555 359198 SH DEFINED 0103 359198
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 1560 40000 SH DEFINED 0104 40000
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 975 25000 SH DEFINED 011621 25000
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 390 10000 SH DEFINED 0131 10000
PLACER DOME INC COM 725906101 4925 200000 SH DEFINED 0127 200000
PLACER DOME INC COM 725906101 1711 69500 SH DEFINED 0125 69500
PLACER DOME INC COM 725906101 234 9500 SH DEFINED 0102 9500
PLACER DOME INC COM 725906101 867 35200 SH DEFINED 0103 35200
PLACER DOME INC COM 725906101 113 4600 SH DEFINED 01 4600
PLANTRONICS COM 727493108 1098 72000 SH DEFINED 0109 72000
POLAROID COM 731095105 4781 150000 SH DEFINED 0124 150000
POLAROID COM 731095105 44 1380 SH DEFINED 0103 1380
POST PROPERTIES COM 737464107 1725 60000 SH DEFINED 011618 60000
POTLATCH CORP COM 737628107 18844 450000 SH DEFINED 0113 450000
POTLATCH CORP COM 737628107 6281 150000 SH DEFINED 0131 150000
POTLATCH CORP COM 737628107 322 7687 SH DEFINED 0103 7687
PRAXAIR COM 74005P104 67 3844 SH DEFINED 0103 3844
PREMARK INTL INC COM 740459102 1494 20733 SH DEFINED 0102 20733
PREMARK INTL INC COM 740459102 71 986 SH DEFINED 0103 986
PRESIDENT RIVERBOAT COM 740848106 1843 110000 SH DEFINED 0106 110000
PRESIDENT RIVERBOAT COM 740848106 1508 90000 SH DEFINED 011614 90000
PRESIDENT RIVERBOAT COM 740848106 5154 307700 SH DEFINED 0102 307700
PRESIDENT RIVERBOAT COM 740848106 2680 160000 SH DEFINED 0131 160000
PRESIDENT RIVERBOAT COM 740848106 75 4500 SH DEFINED 0103 4500
PRICE COSTCO COM 74143W102 4078 225000 SH DEFINED 0106 225000
PRICE COSTCO COM 74143W102 4350 240000 SH DEFINED 011614 240000
PRICE COSTCO COM 74143W102 4713 260000 SH DEFINED 0131 260000
PRICE COSTCO COM 74143W102 116 6409 SH DEFINED 0103 6409
PRICE CLUB REIT COM 74147T105 3142 94500 SH DEFINED 0132 94500
PROCTER & GAMBLE COM 742718109 9921 185000 SH DEFINED 0108 185000
PROCTER & GAMBLE COM 742718109 5695 106200 SH DEFINED 0125 106200
PROCTER & GAMBLE COM 742718109 10725 200000 SH DEFINED 011516 200000
PROCTER & GAMBLE COM 742718109 117491 2190945 SH DEFINED 0102 840850 1350095
PROCTER & GAMBLE COM 742718109 9384 175000 SH DEFINED 0131 175000
PROCTER & GAMBLE COM 742718109 8334 155385 SH DEFINED 0103 83950 71435
PROCTER & GAMBLE COM 742718109 2000 37300 SH DEFINED 01 37300
PROCYTE CORP COM 742807100 514 46700 SH DEFINED 0106 46700
PROCYTE CORP COM 742807100 330 30000 SH DEFINED 011619 30000
PROCYTE CORP COM 742807100 469 42600 SH DEFINED 011614 42600
PRODUCTION OPERATORS COM 743080103 3975 150000 SH DEFINED 0128 150000
PRODUCTION OPERATORS COM 743080103 1193 45000 SH DEFINED 011620 45000
PROGRESS SOFTWARE CO COM 743312100 1380 30000 SH DEFINED 011620 30000
PROGRESS SOFTWARE CO COM 743312100 3312 72000 SH DEFINED 01 72000
PROGRESSIVE CORP OH COM 743315103 1311 45000 SH DEFINED 011620 45000
PROMUS INC COM 74342A109 51188 1300000 SH DEFINED 0126 1300000
PROMUS INC COM 74342A109 173 4400 SH DEFINED 0125 4400
PROMUS INC COM 74342A109 4331 110000 SH DEFINED 011622 110000
PROMUS INC COM 74342A109 9844 250000 SH DEFINED 011623 250000
<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
PROMUS INC COM 74342A109 709 18000 SH DEFINED 011619 18000
PROMUS INC COM 74342A109 666 16885 SH DEFINED 0102 16885
PROMUS INC COM 74342A109 191 4856 SH DEFINED 0103 4856
PROPERTY TR AMER $25 CONV PFD STOCK 743445207 2053 75350 SH DEFINED 0104 75350
PROPERTY TR AMER $25 CONV PFD STOCK 743445207 1437 52745 SH DEFINED 011621 52745
PROPERTY TR AMER $25 CONV PFD STOCK 743445207 616 22605 SH DEFINED 0131 22605
PROVIDENT LIFE & ACC COM 743889305 7066 259300 SH DEFINED 0113 259300
PRUDENTIAL UTIL CL A COM 743911208 1 154 SH DEFINED 01 154
PUBLIC SERV CO COLO COM 744448101 8738 300000 SH DEFINED 0132 300000
PUB SERV ENTERPRISES COM 744573106 482 17300 SH DEFINED 0125 17300
PUB SERV ENTERPRISES COM 744573106 70 2500 SH DEFINED 0102 2500
PUB SERV ENTERPRISES COM 744573106 402 14398 SH DEFINED 0103 14398
PULASKI FURNITURE CO COM 745553107 3600 150000 SH DEFINED 0107 150000
PULTE CORP. COM 745867101 23 788 SH DEFINED 0103 788
PURITAN BENNETT COM 746299106 13057 636921 SH DEFINED 0103 636921
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 1125 100000 SH DEFINED 0107 100000
PUTNAM HIGH YIELD COM 74678J104 2 172 SH DEFINED 01 172
QVC NETWORK COM 747262103 5456 150000 SH DEFINED 0111 150000
QVC NETWORK COM 747262103 66 1800 SH DEFINED 0102 1800
QUAKER OATS COM 747402105 14091 225000 SH DEFINED 011516 225000
QUAKER OATS COM 747402105 130 2069 SH DEFINED 0103 2069
QUANTUM HEALTH COM 74763L105 7907 230800 SH DEFINED 0102 230800
QUANTUM HEALTH COM 74763L105 144 4200 SH DEFINED 0103 4200
QUICKTURN COM 74838E102 200 15100 SH DEFINED 0106 15100
QUICKTURN COM 74838E102 160 12100 SH DEFINED 011614 12100
RFS HOTEL COM 74955J108 3234 187500 SH DEFINED 0128 187500
RFS HOTEL COM 74955J108 1725 100000 SH DEFINED 0107 100000
RFS HOTEL COM 74955J108 1035 60000 SH DEFINED 011619 60000
RFS HOTEL COM 74955J108 1380 80000 SH DEFINED 011620 80000
RHI ENTERTAINMENT COM 749559100 2709 110000 SH DEFINED 0106 110000
RHI ENTERTAINMENT COM 749559100 2832 115000 SH DEFINED 011614 115000
RJR NABISCO COM 74960K108 7331 1275000 SH DEFINED 011516 1275000
RJR NABISCO CVT CONV PFD STOCK 74960K405 12250 2000000 SH DEFINED 0130 2000000
RJR NABISCO CVT CONV PFD STOCK 74960K405 4288 700000 SH DEFINED 0107 700000
RJR NABISCO CVT CONV PFD STOCK 74960K405 12250 2000000 SH DEFINED 011516 2000000
RJR NABISCO CVT CONV PFD STOCK 74960K405 1063 173500 SH DEFINED 01 173500
ROC COMMUNITIES COM 749650107 1800 75000 SH DEFINED 011618 75000
RALSTON PURINA GP COM 751277302 139 3056 SH DEFINED 0103 3056
RAMSAY HMO INC COM 751581109 1658 30000 SH DEFINED 011620 30000
RAND MINES COM 752500983 0 60 SH DEFINED 0110 60
RAND MINES PROP COM 752500991 0 90 SH DEFINED 0110 90
RAYCHEM COM 754603108 9344 250000 SH DEFINED 0124 250000
RAYCHEM COM 754603108 8812 235780 SH DEFINED 0102 95000 140780
RAYCHEM COM 754603108 911 24382 SH DEFINED 0103 23100 1282
RAYCHEM COM 754603108 3364 90000 SH DEFINED 01 90000
RAYMOND JAMES FIN COM 754730109 4650 300000 SH DEFINED 0111 300000
RE CAPITAL CORP CONV BOND 754904AA8 2015 2000000 PRN DEFINED 0104 2000000
RAYONIER COM 754907103 3500 125000 SH DEFINED 0128 125000
<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
RAYONIER COM 754907103 1050 37500 SH DEFINED 0124 37500
RAYONIER COM 754907103 7 268 SH DEFINED 0102 268
RAYONIER COM 754907103 4186 149500 SH DEFINED 0131 149500
RAYONIER COM 754907103 188 6700 SH DEFINED 0103 6700
RAYONIER COM 754907103 1288 46000 SH DEFINED 01 46000
RAYTHEON COM 755111101 2682 41500 SH DEFINED 0125 41500
RAYTHEON COM 755111101 368 5700 SH DEFINED 0102 5700
RAYTHEON COM 755111101 9048 140000 SH DEFINED 0131 140000
RAYTHEON COM 755111101 1767 27343 SH DEFINED 0103 27343
READ RITE COM 755246105 2675 200000 SH DEFINED 0106 200000
READ RITE COM 755246105 2675 200000 SH DEFINED 011614 200000
READ RITE COM 755246105 6081 454800 SH DEFINED 0102 454800
READ RITE COM 755246105 112 8400 SH DEFINED 0103 8400
READERS DIGEST ASSN COM 755267101 24750 600000 SH DEFINED 0130 600000
READERS DIGEST ASSN COM 755267101 49500 1200000 SH DEFINED 011516 1200000
READING & BATES $25 CONV PFD STOCK 755281888 2375 100000 SH DEFINED 0107 100000
REAL ESTATE INVEST-C COM 755895109 4313 250000 SH DEFINED 0107 250000
REEBOK INTERNATIONAL COM 758110100 182 5300 SH DEFINED 0125 5300
REEBOK INTERNATIONAL COM 758110100 24 700 SH DEFINED 0102 700
REEBOK INTERNATIONAL COM 758110100 163 4762 SH DEFINED 0103 4762
REGENCY HEALTH SVCS COM 758934103 312 20100 SH DEFINED 0106 20100
REGENCY HEALTH SVCS COM 758934103 338 21800 SH DEFINED 011614 21800
REGIONAL ACCEPTANCE COM 758935100 858 70000 SH DEFINED 011619 70000
REGENCY REALTY COM 758939102 3575 200000 SH DEFINED 0132 200000
RELIANC IND GDR EURO COM 759458995 7552 400000 SH DEFINED 01 400000
RELIANCE GP HDS WRTS WARRANT 759464118 833 277791 SH DEFINED 0109 277791
RENAL TREATMENT CTR COM 759671100 1575 70000 SH DEFINED 011619 70000
REPSOL S.A. ADR COM 76026T205 19175 650000 SH DEFINED 0130 650000
REPSOL S.A. ADR COM 76026T205 14750 500000 SH DEFINED 0124 500000
REPSOL S.A. ADR COM 76026T205 5900 200000 SH DEFINED 0131 200000
REPSOL S.A. ADR COM 76026T205 295 10000 SH DEFINED 0103 10000
REPUBLIC NY COM 760719104 18047 375000 SH DEFINED 0113 375000
REUNERT COM 761300995 0 60 SH DEFINED 0110 60
REUTERS HLDS PLC ADR COM 761324201 3440 40000 SH DEFINED 01 40000
REYNOLDS & REYNOLDS COM 761695105 37084 1705000 SH DEFINED 0126 1705000
REYNOLDS & REYNOLDS COM 761695105 7069 325000 SH DEFINED 011516 325000
REYNOLDS METALS COM 761763101 9175 200000 SH DEFINED 0124 200000
REYNOLDS METALS COM 761763101 53 1150 SH DEFINED 0102 1150
REYNOLDS METALS COM 761763101 4588 100000 SH DEFINED 0131 100000
REYNOLDS METALS COM 761763101 292 6374 SH DEFINED 0103 6374
REYNOLDS METALS COM 761763101 2064 45000 SH DEFINED 01 45000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 14700 300000 SH DEFINED 0113 300000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 1911 39000 SH DEFINED 0107 39000
RHONE POULENC RORER COM 76242T104 35031 1082024 SH DEFINED 0103 1082024
RIO HOTEL & CASINO I COM 767147101 3019 210000 SH DEFINED 0106 210000
RIO HOTEL & CASINO I COM 767147101 2013 140000 SH DEFINED 011619 140000
RIO HOTEL & CASINO I COM 767147101 2875 200000 SH DEFINED 011614 200000
RIO HOTEL & CASINO I COM 767147101 10443 726400 SH DEFINED 0102 726400
RIO HOTEL & CASINO I COM 767147101 2156 150000 SH DEFINED 0131 150000
RIO HOTEL & CASINO I COM 767147101 197 13700 SH DEFINED 0103 13700
<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
RITE AID COM 767754104 20900 1100000 SH DEFINED 0113 1100000
RITE AID COM 767754104 6270 330000 SH DEFINED 0128 330000
RITE AID COM 767754104 448 23600 SH DEFINED 0125 23600
RITE AID COM 767754104 3800 200000 SH DEFINED 0107 200000
RITE AID COM 767754104 61 3200 SH DEFINED 0102 3200
RITE AID COM 767754104 9500 500000 SH DEFINED 0131 500000
RITE AID COM 767754104 670 35263 SH DEFINED 0103 35263
RIVERWOOD INT'L CVT CONV BOND 769507AC8 2663 2500000 PRN DEFINED 0104 2500000
RIVERWOOD INT'L CVT CONV BOND 769507AC8 1598 1500000 PRN DEFINED 011621 1500000
RIVERWOOD INT'L CVT CONV BOND 769507AC8 1065 1000000 PRN DEFINED 0131 1000000
RIVERWOOD INTL COM 769507104 1560 96029 SH DEFINED 0103 96029
ROADWAY SERVICES COM 769748104 4201 62000 SH DEFINED 0108 62000
ROADWAY SERVICES COM 769748104 14228 210000 SH DEFINED 0126 210000
ROADWAY SERVICES COM 769748104 87 1283 SH DEFINED 0103 1283
ROANOKE GAS CO COM 769858101 23 684 SH DEFINED 0102 684
ROBERTS PHARMACEUTIC COM 770491108 446 15000 SH DEFINED 011619 15000
ROBOTIC VISION SERV COM 771074101 1121 195000 SH DEFINED 0106 195000
ROCHESTER GAS & ELEC COM 771367109 4775 200000 SH DEFINED 0132 200000
ROCHESTER TELEPHONE COM 771758109 4300 100000 SH DEFINED 0132 100000
ROCHESTER TELEPHONE COM 771758109 4300 100000 SH DEFINED 0107 100000
ROCKWELL INT CORP COM 774347108 2898 72900 SH DEFINED 0125 72900
ROCKWELL INT CORP COM 774347108 398 10000 SH DEFINED 0102 10000
ROCKWELL INT CORP COM 774347108 1436 36108 SH DEFINED 0103 36108
ROGERS COM LY PUT/98 CONV BOND 775109AD3 17325 45000000 PRN DEFINED 0130 45000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 11550 30000000 PRN DEFINED 011516 30000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 9625 25000000 PRN DEFINED 011618 25000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 2310 6000000 PRN DEFINED 0131 6000000
ROHM & HAAS CO COM 775371107 16388 300000 SH DEFINED 0113 300000
ROHM & HAAS CO COM 775371107 8194 150000 SH DEFINED 0124 150000
ROHM & HAAS CO COM 775371107 8194 150000 SH DEFINED 011618 150000
ROHM & HAAS CO COM 775371107 113 2071 SH DEFINED 0103 2071
ROLLINS ENVIRON SERV COM 775709108 8 1775 SH DEFINED 0103 1775
ROLLINS TRUCK LEASIN COM 775741101 1251 70000 SH DEFINED 011620 70000
ROOS BK A FED SVG BK COM 776493108 797 18000 SH DEFINED 011619 18000
ROWAN COMPANIES INC COM 779382100 6300 900000 SH DEFINED 0108 900000
ROWAN COMPANIES INC COM 779382100 220 31400 SH DEFINED 0125 31400
ROWAN COMPANIES INC COM 779382100 30 4300 SH DEFINED 0102 4300
ROWAN COMPANIES INC COM 779382100 107 15165 SH DEFINED 0103 15165
PRICE ROWE INT'L FD COM 77956H203 3 281 SH DEFINED 01 281
ROYAL DUTCH PETE NEW COM 780257705 27328 275000 SH DEFINED 0130 275000
ROYAL DUTCH PETE NEW COM 780257705 39750 400000 SH DEFINED 0126 400000
ROYAL DUTCH PETE NEW COM 780257705 19875 200000 SH DEFINED 0113 200000
ROYAL DUTCH PETE NEW COM 780257705 14906 150000 SH DEFINED 0111 150000
ROYAL DUTCH PETE NEW COM 780257705 7791 78400 SH DEFINED 0125 78400
ROYAL DUTCH PETE NEW COM 780257705 19875 200000 SH DEFINED 011618 200000
ROYAL DUTCH PETE NEW COM 780257705 48519 488270 SH DEFINED 0102 187460 300810
ROYAL DUTCH PETE NEW COM 780257705 10931 110000 SH DEFINED 0131 110000
ROYAL DUTCH PETE NEW COM 780257705 6841 68837 SH DEFINED 0103 15600 53237
ROYAL DUTCH PETE NEW COM 780257705 5546 55800 SH DEFINED 01 55800
RUBBERMAID COM 781088109 8856 325000 SH DEFINED 0108 325000
<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
RUBBERMAID COM 781088109 6185 226950 SH DEFINED 0102 102000 124950
RUBBERMAID COM 781088109 132 4832 SH DEFINED 0103 4832
RUSSELL CORP COM 782352108 36 1283 SH DEFINED 0103 1283
RYANS FAMILY STEAK COM 783519101 5338 700000 SH DEFINED 0128 700000
RYANS FAMILY STEAK COM 783519101 3813 500000 SH DEFINED 0131 500000
RYANS FAMILY STEAK COM 783519101 12 1577 SH DEFINED 0103 1577
RYDER SYSTEM COM 783549108 56 2268 SH DEFINED 0103 2268
SCE CORP COM 783882103 220 13311 SH DEFINED 0103 13311
SCI SYSTEMS INC COM 783890106 1525 95300 SH DEFINED 0128 95300
SCI SYSTEMS INC COM 783890106 1602 100100 SH DEFINED 0131 100100
SCI SYSTEMS INC COM 783890106 74 4600 SH DEFINED 0103 4600
SPX CORP COM 784635104 8 494 SH DEFINED 0103 494
SAFECO CORP COM 786429100 6609 125000 SH DEFINED 0108 125000
SAFECO CORP COM 786429100 50416 953469 SH DEFINED 0102 307670 645799
SAFECO CORP COM 786429100 99 1874 SH DEFINED 0103 1874
SAFETY-KLEEN COM 786484105 23 1676 SH DEFINED 0103 1676
ST JOHN KNITS INC COM 790289102 4850 200000 SH DEFINED 0111 200000
ST JUDE MEDICAL COM 790849103 41 1480 SH DEFINED 0103 1480
ST PAUL COMPANIES COM 792860108 17494 225000 SH DEFINED 0113 225000
ST PAUL COMPANIES COM 792860108 1944 25000 SH DEFINED 0107 25000
ST PAUL COMPANIES COM 792860108 18 235 SH DEFINED 0102 235
ST PAUL COMPANIES COM 792860108 8553 110000 SH DEFINED 0131 110000
ST PAUL COMPANIES COM 792860108 2576 33133 SH DEFINED 0103 33133
SALOMON INC. COM 79549B107 187 3875 SH DEFINED 0103 3875
SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 2580 80000 SH DEFINED 0107 80000
SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 3225 100000 SH DEFINED 011516 100000
SALOMON ELK 5.00 CONV PFD STOCK 79549B438 3043 37000 SH DEFINED 0107 37000
SBH/AM GEN EQ LKD CONV PFD STOCK 79549B453 2909 65000 SH DEFINED 0128 65000
SBH/AM GEN EQ LKD CONV PFD STOCK 79549B453 5594 125000 SH DEFINED 0107 125000
SBH/AM GEN EQ LKD CONV PFD STOCK 79549B453 9398 210000 SH DEFINED 011516 210000
SBH/DIGITAL EQ EQ LI CONV PFD STOCK 79549B511 2040 60000 SH DEFINED 0107 60000
SANMINA CORP COM 800907107 844 45000 SH DEFINED 011619 45000
SANMINA CORP COM 800907107 1594 85000 SH DEFINED 011620 85000
SANMINA CORP COM 800907107 3281 175000 SH DEFINED 011614 175000
SANIFILL INC COM 801018102 2389 111100 SH DEFINED 0106 111100
SANIFILL INC COM 801018102 2150 100000 SH DEFINED 01 100000
SANIFILL INC COM 801018102 2283 106200 SH DEFINED 011614 106200
SANIFILL INC COM 801018102 4991 232100 SH DEFINED 0102 232100
SANIFILL INC COM 801018102 92 4300 SH DEFINED 0103 4300
SANTA BARB S & L 9% CONV BOND 801380AH9 26 400000 PRN DEFINED 0102 400000
SANTA FE ENERGY RES COM 802012104 23 2662 SH DEFINED 0103 2662
SANTA FE PACIFIC COR COM 802183103 569 25000 SH DEFINED 0127 25000
SANTA FE PACIFIC COR COM 802183103 121 5323 SH DEFINED 0103 5323
SARA LEE CORP COM 803111103 8156 375000 SH DEFINED 011516 375000
SARA LEE CORP COM 803111103 315 14495 SH DEFINED 0103 14495
SAVOY COM 805375102 1296 88600 SH DEFINED 0106 88600
SAVOY COM 805375102 913 62400 SH DEFINED 011614 62400
SAVOY COM 805375102 3756 256800 SH DEFINED 0102 256800
SAVOY COM 805375102 1638 112000 SH DEFINED 0131 112000
SAVOY COM 805375102 69 4700 SH DEFINED 0103 4700
<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
SCANA CORP COM 805898103 6388 140000 SH DEFINED 0132 140000
SCHERING PLOUGH COM 806605101 8438 150000 SH DEFINED 0124 150000
SCHERING PLOUGH COM 806605101 7031 125000 SH DEFINED 0131 125000
SCHERING PLOUGH COM 806605101 665 11818 SH DEFINED 0103 11818
SCHLUMBERGER LTD COM 806857108 22472 425000 SH DEFINED 0130 425000
SCHLUMBERGER LTD COM 806857108 17184 325000 SH DEFINED 011516 325000
SCHLUMBERGER LTD COM 806857108 381 7197 SH DEFINED 0103 7197
SCHLUMBERGER LTD COM 806857108 2115 40000 SH DEFINED 01 40000
SCHOLASTIC CORP COM 807066105 17554 465000 SH DEFINED 011516 465000
SCHULMAN (A.) INC COM 808194104 9600 300000 SH DEFINED 011516 300000
SCHULMAN (A.) INC COM 808194104 38 1200 SH DEFINED 0102 1200
SCHULMAN (A.) INC COM 808194104 621 19400 SH DEFINED 0103 19400
SCI-MED LIFE SYSTEMS COM 808614101 3996 115000 SH DEFINED 0128 115000
SCI-MED LIFE SYSTEMS COM 808614101 5213 150000 SH DEFINED 0131 150000
SCI-MED LIFE SYSTEMS COM 808614101 240 6900 SH DEFINED 0103 6900
SCIENTIFIC ATLANTA COM 808655104 8250 300000 SH DEFINED 0111 300000
SCIENTIFIC ATLANTA COM 808655104 11000 400000 SH DEFINED 0124 400000
SCIENTIFIC ATLANTA COM 808655104 707 25700 SH DEFINED 0125 25700
SCIENTIFIC ATLANTA COM 808655104 3575 130000 SH DEFINED 011618 130000
SCIENTIFIC ATLANTA COM 808655104 180 6500 SH DEFINED 0102 6500
SCIENTIFIC ATLANTA COM 808655104 316 11484 SH DEFINED 0103 11484
SCIENTIFIC ATLANTA COM 808655104 83 3000 SH DEFINED 01 3000
SCORE BOARD INC COM 809173206 525 50000 SH DEFINED 011619 50000
SCOTT PAPER COM 809877103 8375 200000 SH DEFINED 0124 200000
SCOTT PAPER COM 809877103 95 2269 SH DEFINED 0103 2269
SCOTTS CO CLA COM 810186106 2713 140000 SH DEFINED 0128 140000
SCOTTS CO CLA COM 810186106 5038 260000 SH DEFINED 0131 260000
SCOTTS CO CLA COM 810186106 227 11700 SH DEFINED 0103 11700
SEAGATE TECH 144A CONV BOND 811804AB9 3060 3000000 PRN DEFINED 0107 3000000
SEAGATE TECHNOLOGY COM 811804103 14 600 SH DEFINED 0102 600
SEAGATE TECHNOLOGY COM 811804103 193 8300 SH DEFINED 0103 8300
SEAGRAM LTD COM 811850106 309 11142 SH DEFINED 0103 11142
SEAGULL ENERGY CORP COM 812007102 2613 110000 SH DEFINED 0132 110000
SEARS ROEBUCK & CO COM 812387108 25800 600000 SH DEFINED 0130 600000
SEARS ROEBUCK & CO COM 812387108 128250 2982501 SH DEFINED 0102 1120125 1862376
SEARS ROEBUCK & CO COM 812387108 4782 111203 SH DEFINED 0103 100950 10253
SEARS ROEBUCK & CO COM 812387108 11266 262000 SH DEFINED 01 262000
SEARS ROEBUCK PERC CONV PFD STOCK 812387504 15825 300000 SH DEFINED 0130 300000
SEARS ROEBUCK PERC CONV PFD STOCK 812387504 10550 200000 SH DEFINED 011618 200000
SEARS ROEBUCK PERC CONV PFD STOCK 812387504 1319 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 29100 800000 SH DEFINED 0126 800000
SENSORMATIC ELECT COM 817265101 6548 180000 SH DEFINED 0106 180000
SENSORMATIC ELECT COM 817265101 14550 400000 SH DEFINED 0111 400000
SENSORMATIC ELECT COM 817265101 5638 155000 SH DEFINED 011614 155000
SENSORMATIC ELECT COM 817265101 18942 520700 SH DEFINED 0102 520700
SENSORMATIC ELECT COM 817265101 8184 225000 SH DEFINED 0131 225000
SENSORMATIC ELECT COM 817265101 338 9300 SH DEFINED 0103 9300
SERVICE CORP INT'L CONV BOND 817565AD6 3388 2500000 PRN DEFINED 0107 2500000
<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
SERVICE CORP INT'L CONV BOND 817565AD6 16260 12000000 PRN DEFINED 011516 12000000
SERVICE CORP INTL COM 817565104 2285 90500 SH DEFINED 0125 90500
SERVICE CORP INTL COM 817565104 10858 430000 SH DEFINED 011516 430000
SERVICE CORP INTL COM 817565104 313 12400 SH DEFINED 0102 12400
SERVICE CORP INTL COM 817565104 986 39065 SH DEFINED 0103 39065
SERVICE CORP INTL COM 817565104 131 5200 SH DEFINED 01 5200
SERVING SOFTWARE INC COM 817661101 596 90000 SH DEFINED 011619 90000
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 11756 450000 SH DEFINED 011516 450000
SHARED MED SYSTEMS COM 819486101 18 691 SH DEFINED 0103 691
SHAW INDUSTRIES INC COM 820286102 10188 500000 SH DEFINED 0130 500000
SHAW INDUSTRIES INC COM 820286102 11206 550000 SH DEFINED 0108 550000
SHAW INDUSTRIES INC COM 820286102 2038 100000 SH DEFINED 0111 100000
SHAW INDUSTRIES INC COM 820286102 2038 100000 SH DEFINED 011618 100000
SHAW INDUSTRIES INC COM 820286102 18424 904430 SH DEFINED 0102 410000 494430
SHAWMUT NATIONAL COM 820484103 56 2761 SH DEFINED 0103 2761
SHERWIN WILLIAMS COM 824348106 11953 375000 SH DEFINED 0108 375000
SHERWIN WILLIAMS COM 824348106 29254 917720 SH DEFINED 0102 383540 534180
SHERWIN WILLIAMS COM 824348106 85 2662 SH DEFINED 0103 2662
SHERWIN WILLIAMS COM 824348106 15842 497000 SH DEFINED 01 497000
SHOPKO STORES COM 824911101 12075 1050000 SH DEFINED 0113 1050000
SHONEYS INC COM 825039100 5281 250000 SH DEFINED 0108 250000
SHONEYS INC COM 825039100 4225 200000 SH DEFINED 0128 200000
SHONEYS INC COM 825039100 4331 205000 SH DEFINED 0106 205000
SHONEYS INC COM 825039100 1206 57100 SH DEFINED 0125 57100
SHONEYS INC COM 825039100 1162 55000 SH DEFINED 011619 55000
SHONEYS INC COM 825039100 4331 205000 SH DEFINED 011614 205000
SHONEYS INC COM 825039100 22593 1069520 SH DEFINED 0102 438300 631220
SHONEYS INC COM 825039100 5446 257800 SH DEFINED 0131 257800
SHONEYS INC COM 825039100 2444 115683 SH DEFINED 0103 91300 24383
SHONEYS INC COM 825039100 463 21900 SH DEFINED 01 21900
SIGMA-ALDRICH COM 826552101 14025 275000 SH DEFINED 011516 275000
SIGNET BANKING CORP COM 826681108 114 2883 SH DEFINED 0102 2883
SIL GR PT 11/98 144A CONV BOND 827056AB8 2200 5000000 PRN DEFINED 0107 5000000
SIL GR PT 11/98 144A CONV BOND 827056AB8 8800 20000000 PRN DEFINED 011618 20000000
SILICON GRAPHICS INC COM 827056102 15280 640000 SH DEFINED 0126 640000
SILICON GRAPHICS INC COM 827056102 3343 140000 SH DEFINED 0106 140000
SILICON GRAPHICS INC COM 827056102 2865 120000 SH DEFINED 011614 120000
SILICON GRAPHICS INC COM 827056102 26684 1117700 SH DEFINED 0102 1117700
SILICON GRAPHICS INC COM 827056102 3581 150000 SH DEFINED 0131 150000
SILICON GRAPHICS INC COM 827056102 606 25400 SH DEFINED 0103 25400
SIMON PROP COM 828805101 14094 550000 SH DEFINED 0113 550000
SIMON PROP COM 828805101 2563 100000 SH DEFINED 0132 100000
SIMON PROP COM 828805101 2563 100000 SH DEFINED 0107 100000
SIMPSON INDUSTRIES COM 829060102 3950 200000 SH DEFINED 0107 200000
SIMPSON INDUSTRIES COM 829060102 1284 65000 SH DEFINED 011620 65000
SIMPSON INDUSTRIES COM 829060102 2884 146000 SH DEFINED 01 146000
SINGER CO COM 82930F109 12031 350000 SH DEFINED 0124 350000
<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
SINGER CO COM 82930F109 6875 200000 SH DEFINED 011618 200000
SINGER CO COM 82930F109 1203 35000 SH DEFINED 01 35000
SIZELER PROPERTY INV COM 830137105 4506 350000 SH DEFINED 0130 350000
SIZELER PROPERTY INV COM 830137105 3541 275000 SH DEFINED 0132 275000
SIZELER PROPERTY INV COM 830137105 3219 250000 SH DEFINED 0107 250000
SIZELER PROPERTY INV COM 830137105 5897 458000 SH DEFINED 01 458000
SKYLINE COM 830830105 6 295 SH DEFINED 0103 295
SMITHKLN BCHM EQ UNT COM 832378400 6500 260000 SH DEFINED 0131 260000
SMITHKLN BCHM EQ UNT COM 832378400 325 13000 SH DEFINED 0103 13000
SNAP ON TOOLS CORP COM 833034101 12800 320000 SH DEFINED 011516 320000
SNAP ON TOOLS CORP COM 833034101 51 1281 SH DEFINED 0103 1281
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 4550 175000 SH DEFINED 0104 175000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 6500 250000 SH DEFINED 011516 250000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 2600 100000 SH DEFINED 011621 100000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 1170 45000 SH DEFINED 011620 45000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 1300 50000 SH DEFINED 0131 50000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 910 35000 SH DEFINED 01 35000
SOCIEDAD QUINICA COM 833635105 744 25000 SH DEFINED 011619 25000
SODAK GAMING COM 833777105 1359 62500 SH DEFINED 011620 62500
SOFAMOR/DANEK GROUP COM 834005100 1306 59700 SH DEFINED 0106 59700
SOFAMOR/DANEK GROUP COM 834005100 1389 63500 SH DEFINED 011614 63500
SOFAMOR/DANEK GROUP COM 834005100 1781 81400 SH DEFINED 0102 81400
SOFAMOR/DANEK GROUP COM 834005100 1571 71800 SH DEFINED 0131 71800
SOFAMOR/DANEK GROUP COM 834005100 33 1500 SH DEFINED 0103 1500
SOFTBRIDGE MICRO SYS COM 834020992 135 13500 SH DEFINED 01 13500
SOFTWARE TOOLWORKS COM 834044208 2300 160000 SH DEFINED 0106 160000
SOFTWARE TOOLWORKS COM 834044208 1581 110000 SH DEFINED 011614 110000
SOFTWARE TOOLWORKS COM 834044208 2947 205000 SH DEFINED 0131 205000
SONAT INC COM 835415100 4856 175000 SH DEFINED 0132 175000
SONAT INC COM 835415100 71 2562 SH DEFINED 0103 2562
SONOCO PRODUCTS COM 835495102 501 22000 SH DEFINED 01 22000
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 1944 37200 SH DEFINED 0129 37200
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 2686 51400 SH DEFINED 0104 51400
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 784 15000 SH DEFINED 0107 15000
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 1965 37600 SH DEFINED 011621 37600
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 878 16800 SH DEFINED 0131 16800
SOTHEBYS HLD CL-A COM 835898107 5100 300000 SH DEFINED 011516 300000
SO AMERICA FUND WRNT WARRANT 836301986 90 50000 SH DEFINED 01 50000
SOUTHDOWN WARRANTS WARRANT 841297997 430 40000 SH DEFINED 0104 40000
SOUTHDOWN WARRANTS WARRANT 841297997 538 50000 SH DEFINED 0109 50000
SOUTHDOWN WARRANTS WARRANT 841297997 323 30000 SH DEFINED 011621 30000
SO CA EDISON $100 PREFERRED STOCK 842400780 15020 147250 SH DEFINED 0105 147250
SO CA EDISON $100 PREFERRED STOCK 842400780 4947 48500 SH DEFINED 01 48500
SO CA EDISON $100 PREFERRED STOCK 842400780 510 5000 SH DEFINED 01 5000
SO CA EDISON $100 PREFERRED STOCK 842400780 510 5000 SH DEFINED 0116 5000
SOUTHERN CO. COM 842587107 7650 400000 SH DEFINED 0132 400000
SOUTHERN CO. COM 842587107 362 18932 SH DEFINED 0103 18932
SO INDIANA G&E 100 PREFERRED STOCK 843169996 7623 75000 SH DEFINED 0105 75000
SOUTHERN NEW ENG TEL COM 843485103 4350 150000 SH DEFINED 0132 150000
SOUTHWEST AIRLINES COM 844741108 65500 2000000 SH DEFINED 0126 2000000
<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 5240 160000 SH DEFINED 0106 160000
SOUTHWEST AIRLINES COM 844741108 19650 600000 SH DEFINED 0111 600000
SOUTHWEST AIRLINES COM 844741108 24563 750000 SH DEFINED 0124 750000
SOUTHWEST AIRLINES COM 844741108 4585 140000 SH DEFINED 011622 140000
SOUTHWEST AIRLINES COM 844741108 10316 315000 SH DEFINED 011623 315000
SOUTHWEST AIRLINES COM 844741108 5568 170000 SH DEFINED 011618 170000
SOUTHWEST AIRLINES COM 844741108 4749 145000 SH DEFINED 011614 145000
SOUTHWEST AIRLINES COM 844741108 37672 1150237 SH DEFINED 0102 364100 786137
SOUTHWEST AIRLINES COM 844741108 10808 330000 SH DEFINED 0131 330000
SOUTHWEST AIRLINES COM 844741108 2185 66700 SH DEFINED 0103 66700
SOUTHWEST AIRLINES COM 844741108 164 5000 SH DEFINED 01 5000
SOUTHWEST GAS CORP COM 844895102 1575 100000 SH DEFINED 0132 100000
SOUTHWESTERN BELL COM 845333103 5047 125000 SH DEFINED 0132 125000
SOUTHWESTERN BELL COM 845333103 721 17846 SH DEFINED 0103 17846
SOUTHWESTERN PROP TR COM 845734102 3541 275000 SH DEFINED 0130 275000
SOUTHWESTERN PROP TR COM 845734102 5150 400000 SH DEFINED 0132 400000
SOUTHWESTERN PROP TR COM 845734102 3541 275000 SH DEFINED 0107 275000
SOUTHWESTERN PROP TR COM 845734102 1159 90000 SH DEFINED 011618 90000
SPECIALTY FOODS ACQ COM 847498102 375 300000 SH DEFINED 0109 300000
SPECIALTY FOODS ACQ COM 847498102 19 15000 SH DEFINED 011621 15000
SPRINGS INDS INC COM 851783100 20 592 SH DEFINED 0103 592
SPRINT CORP COM 852061100 15 450 SH DEFINED 0102 450
SPRINT CORP COM 852061100 348 10156 SH DEFINED 0103 10156
SPRINT CORP COM 852061100 1028 30000 SH DEFINED 01 30000
STABLE CAPITAL FUND COM 852300987 450824 42772588 SH DEFINED 0103 42772588
STACIA VENTURES COM 85233E109 1 1000 SH DEFINED 0102 1000
STANDARD MICROSYSTEM COM 853626109 968 60000 SH DEFINED 011619 60000
STANLEY WORKS THE COM 854616109 19688 500000 SH DEFINED 0113 500000
STANLEY WORKS THE COM 854616109 54 1381 SH DEFINED 0103 1381
STARBUCKS COM 855244109 975 40000 SH DEFINED 011619 40000
STATE STREET BOSTON COM 857473102 43200 1200000 SH DEFINED 0126 1200000
STATE STREET BOSTON COM 857473102 16200 450000 SH DEFINED 0124 450000
STATE STREET BOSTON COM 857473102 61740 1715000 SH DEFINED 011516 1715000
STATE STREET BOSTON COM 857473102 7786 216365 SH DEFINED 0102 77700 138665
STATE STREET BOSTON COM 857473102 447 12400 SH DEFINED 0103 12400
STEINROE PRIME EQ FD COM 857908107 328 23178 SH DEFINED 0102 23178
STEINROE CAPITAL OPP COM 857908602 78 2527 SH DEFINED 0102 2527
STEINROE SPECIAL FD COM 857908701 551 24469 SH DEFINED 0102 24469
STEINROE INTL FD COM 857908875 49 5000 SH DEFINED 0102 5000
STEEL TECHNOLOGIES COM 858147101 1185 60000 SH DEFINED 011619 60000
STERIS CORP COM 859152100 2350 100000 SH DEFINED 0106 100000
STERIS CORP COM 859152100 2350 100000 SH DEFINED 011516 100000
STERIS CORP COM 859152100 2350 100000 SH DEFINED 011614 100000
STERLING SOFTWARE CONV BOND 859547AD3 1180 1000000 PRN DEFINED 0107 1000000
STERLING SOFTWARE IN COM 859547101 1444 50000 SH DEFINED 011620 50000
STEWART ENTERPRISES COM 860370105 13200 550000 SH DEFINED 011516 550000
STONE CONTAINER CONV BOND 861589AE9 18063 25000000 PRN DEFINED 0130 25000000
STONE CONTAINER CONV BOND 861589AE9 723 1000000 PRN DEFINED 011620 1000000
STONE CONTAINER COM 861589109 27 2070 SH DEFINED 0103 2070
STORAGE USA COM 861907103 2435 100400 SH DEFINED 0107 100400
<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
STORAGE TECHNOLOGY COM 862111200 2600 80000 SH DEFINED 0106 80000
STORAGE TECHNOLOGY COM 862111200 2763 85000 SH DEFINED 011614 85000
STORAGE TECHNOLOGY COM 862111200 3738 115000 SH DEFINED 0131 115000
STRIDE RITE CORP COM 863314100 22 1478 SH DEFINED 0103 1478
STRYKER CORP COM 863667101 2750 100000 SH DEFINED 0106 100000
STRYKER CORP COM 863667101 11000 400000 SH DEFINED 0111 400000
STRYKER CORP COM 863667101 41250 1500000 SH DEFINED 011516 1500000
STRYKER CORP COM 863667101 2750 100000 SH DEFINED 011614 100000
STRYKER CORP COM 863667101 6318 229620 SH DEFINED 0102 229620
STRYKER CORP COM 863667101 3163 115000 SH DEFINED 0131 115000
STRYKER CORP COM 863667101 91 3300 SH DEFINED 0103 3300
SLMA NON/VTG COM 863871505 21563 500000 SH DEFINED 0113 500000
SLMA NON/VTG COM 863871505 11859 275000 SH DEFINED 011516 275000
SLMA NON/VTG COM 863871505 8625 200000 SH DEFINED 0131 200000
SLMA NON/VTG COM 863871505 418 9700 SH DEFINED 0103 9700
STUDENT LOAN CORP COM 863902102 5588 300000 SH DEFINED 011516 300000
SUMMA COM 865628101 1181 35000 SH DEFINED 0106 35000
SUMMA COM 865628101 10125 300000 SH DEFINED 011516 300000
SUMMA COM 865628101 1350 40000 SH DEFINED 011614 40000
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 99 3055 SH DEFINED 0103 3055
SUN MICROSYSTEMS INC COM 866810104 27375 1000000 SH DEFINED 0126 1000000
SUN MICROSYSTEMS INC COM 866810104 5475 200000 SH DEFINED 0124 200000
SUN MICROSYSTEMS INC COM 866810104 986 36000 SH DEFINED 0125 36000
SUN MICROSYSTEMS INC COM 866810104 2738 100000 SH DEFINED 011622 100000
SUN MICROSYSTEMS INC COM 866810104 6023 220000 SH DEFINED 011623 220000
SUN MICROSYSTEMS INC COM 866810104 6433 235000 SH DEFINED 011618 235000
SUN MICROSYSTEMS INC COM 866810104 1369 50000 SH DEFINED 011620 50000
SUN MICROSYSTEMS INC COM 866810104 958 35000 SH DEFINED 011614 35000
SUN MICROSYSTEMS INC COM 866810104 137 5000 SH DEFINED 0102 5000
SUN MICROSYSTEMS INC COM 866810104 9581 350000 SH DEFINED 0131 350000
SUN MICROSYSTEMS INC COM 866810104 486 17756 SH DEFINED 0103 17756
SUN MICROSYSTEMS INC COM 866810104 367 13400 SH DEFINED 01 13400
SUN AMERICA COM 866930100 10500 300000 SH DEFINED 0111 300000
SUN AMERICA COM 866930100 105 3000 SH DEFINED 0102 3000
SUNAMERICA $37 CONV PFD STOCK 866930704 1789 45000 SH DEFINED 0107 45000
SUNAMERICA $37 CONV PFD STOCK 866930704 6940 174600 SH DEFINED 0131 174600
SUN HEALTHCARE GROUP COM 866933104 177 8400 SH DEFINED 0106 8400
SUN HEALTHCARE GROUP COM 866933104 188 8900 SH DEFINED 011614 8900
SUNDSTRAND CORP COM 867323107 10347 229300 SH DEFINED 011516 229300
SUNRISE MEDICAL COM 867910101 4536 155082 SH DEFINED 0103 155082
SUNTRUST BANKS INC COM 867914103 167 3747 SH DEFINED 0103 3747
SUPERVALU INC COM 868536103 7 200 SH DEFINED 0125 200
SUPERVALU INC COM 868536103 3 100 SH DEFINED 0102 100
SUPERVALU INC COM 868536103 75 2170 SH DEFINED 0103 2170
SYBRON CHEMICALS INC COM 870903101 6375 300000 SH DEFINED 0124 300000
SYBASE SOFTWARE COM 871130100 7650 170000 SH DEFINED 0106 170000
SYBASE SOFTWARE COM 871130100 6750 150000 SH DEFINED 011614 150000
<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
SYBASE SOFTWARE COM 871130100 25546 567650 SH DEFINED 0102 567650
SYBASE SOFTWARE COM 871130100 9450 210000 SH DEFINED 0131 210000
SYBASE SOFTWARE COM 871130100 815 18100 SH DEFINED 0103 18100
SYBRON CORP COM 87114F106 1011 31609 SH DEFINED 0103 31609
SYMANTEC CORP COM 871503108 781 50000 SH DEFINED 011619 50000
SYNOPSYS INC COM 871607107 5250 120000 SH DEFINED 0106 120000
SYNOPSYS INC COM 871607107 875 20000 SH DEFINED 011619 20000
SYNOPSYS INC COM 871607107 4594 105000 SH DEFINED 011614 105000
SYNOPSYS INC COM 871607107 12084 276200 SH DEFINED 0102 276200
SYNOPSYS INC COM 871607107 6563 150000 SH DEFINED 0131 150000
SYNOPSYS INC COM 871607107 228 5200 SH DEFINED 0103 5200
SYNOPTICS COMM 144A CONV BOND 871609AA1 18600 20000000 PRN DEFINED 0130 20000000
SYNOPTICS COMM COM 871609103 4050 200000 SH DEFINED 0111 200000
SYNOPTICS COMM COM 871609103 4556 225000 SH DEFINED 0124 225000
SYNOPTICS COMM COM 871609103 1418 70000 SH DEFINED 011620 70000
SYNOPTICS COMM COM 871609103 72 3600 SH DEFINED 0102 3600
SYNTEX COM 871616108 9713 700000 SH DEFINED 0113 700000
SYNTEX COM 871616108 92 6605 SH DEFINED 0103 6605
SYSCO CORPORATION COM 871829107 6406 250000 SH DEFINED 0108 250000
SYSCO CORPORATION COM 871829107 7688 300000 SH DEFINED 011618 300000
SYSCO CORPORATION COM 871829107 144 5621 SH DEFINED 0103 5621
SYSTEM SOFTWARE ASSC COM 871839106 1354 95000 SH DEFINED 011620 95000
SYSTEM SOFTWARE ASSC COM 871839106 2779 195000 SH DEFINED 01 195000
TIG HOLDINGS COM 872469101 6738 350000 SH DEFINED 0124 350000
TJX COS COM 872540109 60 2269 SH DEFINED 0103 2269
TRW COM 872649108 128 1874 SH DEFINED 0103 1874
TANDEM COMPUTERS COM 875370108 47 3352 SH DEFINED 0103 3352
TANDY CORP COM 875382103 68 1873 SH DEFINED 0103 1873
TANGER FACTORY COM 875465106 2869 90000 SH DEFINED 0106 90000
TANGER FACTORY COM 875465106 2391 75000 SH DEFINED 011614 75000
TAUBMAN CENTERS INC COM 876664103 9988 850000 SH DEFINED 0113 850000
TEKTRONIX COM 879131100 27 887 SH DEFINED 0103 887
TELECABLE COM 879190106 768 16000 SH DEFINED 0102 16000
TELE-COMMUNICATION A COM 879240109 29 1400 SH DEFINED 0125 1400
TELE-COMMUNICATION A COM 879240109 20231 975000 SH DEFINED 011516 975000
TELE-COMMUNICATION A COM 879240109 12450 600000 SH DEFINED 011618 600000
TELE-COMMUNICATION A COM 879240109 617 29711 SH DEFINED 0102 29711
TELE-COMMUNICATION A COM 879240109 3735 180000 SH DEFINED 0131 180000
TELE-COMMUNICATION A COM 879240109 278 13418 SH DEFINED 0103 13418
TELE-COMMUNICATION A COM 879240109 4254 205000 SH DEFINED 01 205000
TELEBIT COM 87926F104 1484 125000 SH DEFINED 0106 125000
TELEBIT COM 87926F104 534 45000 SH DEFINED 011619 45000
TELEBIT COM 87926F104 1484 125000 SH DEFINED 011614 125000
NEW ZEALAND TELPHONE COM 879278208 15672 343500 SH DEFINED 0130 343500
NEW ZEALAND TELPHONE COM 879278208 4563 100000 SH DEFINED 0132 100000
NEW ZEALAND TELPHONE COM 879278208 13688 300000 SH DEFINED 011516 300000
TELEDYNE COM 879335107 27 1576 SH DEFINED 0103 1576
TELEFLEX INC COM 879369106 10191 282100 SH DEFINED 0108 282100
TELEFONICA DE ESPANA COM 879382208 3600 100000 SH DEFINED 0132 100000
TELEFONOS DE MEXICO COM 879403780 18075 300000 SH DEFINED 0111 300000
<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 9038 150000 SH DEFINED 0132 150000
TELEFONOS DE MEXICO COM 879403780 18075 300000 SH DEFINED 0124 300000
TELEFONOS DE MEXICO COM 879403780 4953 82200 SH DEFINED 0112 82200
TELEFONOS DE MEXICO COM 879403780 16268 270000 SH DEFINED 011618 270000
TELEFONOS DE MEXICO COM 879403780 1205 20000 SH DEFINED 011620 20000
TELEFONOS DE MEXICO COM 879403780 4555 75600 SH DEFINED 011617 75600
TELEFONOS DE MEXICO COM 879403780 2784 46253 SH DEFINED 0102 17050 29203
TELEFONOS DE MEXICO COM 879403780 14159 235000 SH DEFINED 0131 235000
TELEFONOS DE MEXICO COM 879403780 795 13200 SH DEFINED 0103 8700 4500
TELEFONOS DE MEXICO COM 879403780 16509 274000 SH DEFINED 01 38000 236000
TELLABS COM 879664100 9855 180000 SH DEFINED 0106 180000
TELLABS COM 879664100 21900 400000 SH DEFINED 0111 400000
TELLABS COM 879664100 2874 52500 SH DEFINED 011618 52500
TELLABS COM 879664100 8486 155000 SH DEFINED 011614 155000
TELLABS COM 879664100 16135 294700 SH DEFINED 0102 294700
TELLABS COM 879664100 767 14000 SH DEFINED 0103 14000
TEMPEST REINS PRIVAT COM 8798009A0 7550 80000 SH DEFINED 0108 80000
TEMPEST REINS PRIVAT COM 8798009A0 2831 30000 SH DEFINED 0128 30000
TEMPEST REINS PRIVAT COM 8798009A0 7550 80000 SH DEFINED 0124 80000
TEMPEST REINS PRIVAT COM 8798009A0 7267 77000 SH DEFINED 0131 77000
TEMPEST REINS PRIVAT COM 8798009A0 283 3000 SH DEFINED 0103 3000
TEMPLE INLAND COM 879868107 72 1576 SH DEFINED 0103 1576
TENNECO INC COM 880370101 21100 400000 SH DEFINED 0130 400000
TENNECO INC COM 880370101 9231 175000 SH DEFINED 0108 175000
TENNECO INC COM 880370101 496 9400 SH DEFINED 0125 9400
TENNECO INC COM 880370101 10550 200000 SH DEFINED 011516 200000
TENNECO INC COM 880370101 15825 300000 SH DEFINED 011618 300000
TENNECO INC COM 880370101 1319 25000 SH DEFINED 011620 25000
TENNECO INC COM 880370101 92962 1762330 SH DEFINED 0102 553800 1208530
TENNECO INC COM 880370101 4733 89729 SH DEFINED 0103 80700 9029
TENNECO INC COM 880370101 9073 172000 SH DEFINED 01 172000
TENNECO PERC CVT CONV PFD STOCK 880370697 13366 325000 SH DEFINED 0130 325000
TENNECO PERC CVT CONV PFD STOCK 880370697 3598 87500 SH DEFINED 0132 87500
TENNECO PERC CVT CONV PFD STOCK 880370697 12338 300000 SH DEFINED 011618 300000
TENNECO PERC CVT CONV PFD STOCK 880370697 12461 303000 SH DEFINED 01 129000 174000
TENNECO SRS B $100 PREFERRED STOCK 880370721 6934 68998 SH DEFINED 0105 68998
TENNECO SRS B $100 PREFERRED STOCK 880370721 1405 13985 SH DEFINED 01 13985
TENNECO SRS B $100 PREFERRED STOCK 880370721 352 3499 SH DEFINED 01 3499
TEXACO COM 881694103 22050 350000 SH DEFINED 0130 350000
TEXACO COM 881694103 26775 425000 SH DEFINED 0113 425000
TEXACO COM 881694103 6300 100000 SH DEFINED 0107 100000
TEXACO COM 881694103 8820 140000 SH DEFINED 0131 140000
TEXACO COM 881694103 910 14441 SH DEFINED 0103 14441
TEXAS INSTRUMENTS COM 882508104 210 2713 SH DEFINED 0103 2713
TEXAS UTILITIES COM 882848104 8970 240000 SH DEFINED 0132 240000
TEXAS UTILITIES COM 882848104 243 6507 SH DEFINED 0103 6507
TEXTRON INC COM 883203101 21600 400000 SH DEFINED 0113 400000
TEXTRON INC COM 883203101 10800 200000 SH DEFINED 0131 200000
TEXTRON INC COM 883203101 657 12163 SH DEFINED 0103 12163
THERMADYNE HDS CL B COM 883434201 0 120000 SH DEFINED 0104 120000
<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
THIOKOL CORP COM 884103102 9275 350000 SH DEFINED 0108 350000
THIOKOL CORP COM 884103102 2200 83000 SH DEFINED 0128 83000
THOMAS & BETTS COM 884315102 37 593 SH DEFINED 0103 593
3 DO COM 88553W105 7130 310000 SH DEFINED 011516 310000
3 COM CORP COM 885535104 1565 28000 SH DEFINED 011619 28000
TIME WARNER INC COM 887315109 93000 2400000 SH DEFINED 0126 2400000
TIME WARNER INC COM 887315109 11625 300000 SH DEFINED 0124 300000
TIME WARNER INC COM 887315109 120 3100 SH DEFINED 0125 3100
TIME WARNER INC COM 887315109 6781 175000 SH DEFINED 011622 175000
TIME WARNER INC COM 887315109 15113 390000 SH DEFINED 011623 390000
TIME WARNER INC COM 887315109 12400 320000 SH DEFINED 011618 320000
TIME WARNER INC COM 887315109 19 500 SH DEFINED 0102 500
TIME WARNER INC COM 887315109 478 12342 SH DEFINED 0103 12342
TIMES MIRROR CL A COM 887360105 4669 150000 SH DEFINED 0107 150000
TIMES MIRROR CL A COM 887360105 120 3846 SH DEFINED 0103 3846
TIMKEN CO. COM 887389104 29 887 SH DEFINED 0103 887
TOOTSIE ROLL INDS COM 890516107 15139 216659 SH DEFINED 011516 216659
TOOTSIE ROLL INDS COM 890516107 756 10824 SH DEFINED 011619 10824
TORCHMARK CORP COM 891027104 76 1900 SH DEFINED 0125 1900
TORCHMARK CORP COM 891027104 12 300 SH DEFINED 0102 300
TORCHMARK CORP COM 891027104 119 2969 SH DEFINED 0103 2969
TOTAL COM 89151E109 5878 225000 SH DEFINED 0108 225000
TOTAL COM 89151E109 3745 143342 SH DEFINED 0128 143342
TOTAL COM 89151E109 1492 57230 SH DEFINED 0102 18300 38930
TOTAL COM 89151E109 9144 350000 SH DEFINED 0131 350000
TOTAL COM 89151E109 483 18500 SH DEFINED 0103 18500
TOYS R US COM 892335100 323 9300 SH DEFINED 0125 9300
TOYS R US COM 892335100 9263 266513 SH DEFINED 0102 102400 164113
TOYS R US COM 892335100 2334 67176 SH DEFINED 0103 54700 12476
TOYS R US COM 892335100 2085 60000 SH DEFINED 01 60000
TRANSAMERICA CORP COM 893485102 114 2266 SH DEFINED 0103 2266
TRANSATLANTIC HLDS COM 893521104 6938 150000 SH DEFINED 0108 150000
TRANSCANADA PIPELINE COM 893526103 3344 250000 SH DEFINED 0132 250000
TRANSCO ENERGY CO COM 893532101 19 1283 SH DEFINED 0103 1283
TRANSCO ENERGY PREFERRED STOCK 893532309 5381 105000 SH DEFINED 0132 105000
TRANS CONTL GAS PREFERRED STOCK 893570218 476 4763 SH DEFINED 0113 4763
TRANSDIGM WARRANTS WARRANT 893900993 479 47872 SH DEFINED 0109 47872
TRAVELERS INC NEW COM 894190107 9659 275000 SH DEFINED 0130 275000
TRAVELERS INC NEW COM 894190107 35125 1000000 SH DEFINED 0126 1000000
TRAVELERS INC NEW COM 894190107 17563 500000 SH DEFINED 0113 500000
TRAVELERS INC NEW COM 894190107 10538 300000 SH DEFINED 0111 300000
TRAVELERS INC NEW COM 894190107 2283 65000 SH DEFINED 011622 65000
TRAVELERS INC NEW COM 894190107 5269 150000 SH DEFINED 011623 150000
TRAVELERS INC NEW COM 894190107 10538 300000 SH DEFINED 011516 300000
TRAVELERS INC NEW COM 894190107 31613 900000 SH DEFINED 011618 900000
TRAVELERS INC NEW COM 894190107 1229 35000 SH DEFINED 011620 35000
TRAVELERS INC NEW COM 894190107 7297 207704 SH DEFINED 0102 82066 125638
TRAVELERS INC NEW COM 894190107 13744 391269 SH DEFINED 0131 391269
TRAVELERS INC NEW COM 894190107 1398 39790 SH DEFINED 0103 16800 22990
TRAVELERS INC NEW COM 894190107 3088 87911 SH DEFINED 01 87911
<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
TRAVELERS INC $50 B CONV PFD STOCK 894190602 16870 280000 SH DEFINED 0130 280000
TRAVELERS INC $50 B CONV PFD STOCK 894190602 12954 215000 SH DEFINED 011516 215000
TRAVELERS INC $50 B CONV PFD STOCK 894190602 1205 20000 SH DEFINED 011620 20000
TRIANGLE WIRE CABLE WARRANT 895900991 1 50000 SH DEFINED 0104 50000
TRIANGLE WIRE CABLE WARRANT 895900991 1 130000 SH DEFINED 0109 130000
TRIANGLE WIRE CABLE WARRANT 895900991 0 20000 SH DEFINED 011621 20000
TRIAD MORTGAGE GROUP COM 895925105 560 35000 SH DEFINED 011619 35000
TRIBUNE CO COM 896047107 117 1972 SH DEFINED 0103 1972
TRIBUNE CO COM 896047107 298 5000 SH DEFINED 01 5000
TRINITY INDUSTRIES COM 896522109 42 1100 SH DEFINED 0102 1100
TRINITY INDUSTRIES COM 896522109 692 18200 SH DEFINED 0103 18200
TRINOVA CORP COM 896678109 27 788 SH DEFINED 0103 788
TRI QUINT COM 89674K103 1073 66000 SH DEFINED 0106 66000
TRI QUINT COM 89674K103 975 60000 SH DEFINED 011619 60000
TRI QUINT COM 89674K103 1463 90000 SH DEFINED 011620 90000
TRI QUINT COM 89674K103 845 52000 SH DEFINED 011614 52000
TRI QUINT COM 89674K103 1333 82000 SH DEFINED 0131 82000
TRITON ENERGY COM 896750106 1369 50000 SH DEFINED 011620 50000
TRIPLE S PLASTICS COM 896926102 488 35500 SH DEFINED 011619 35500
TULTEX CORP COM 899900104 433 62968 SH DEFINED 0102 62968
TURNER BROADCAST B COM 900262502 4150 200000 SH DEFINED 0111 200000
TURNER BROADCAST B COM 900262502 11413 550000 SH DEFINED 011516 550000
TURNER BROADCAST B COM 900262502 7678 370000 SH DEFINED 011618 370000
TYCO LABORATORIES COM 902120104 4988 100000 SH DEFINED 0111 100000
TYCO LABORATORIES COM 902120104 35 700 SH DEFINED 0102 700
TYCO LABORATORIES COM 902120104 658 13181 SH DEFINED 0103 11800 1381
TYCO LABORATORIES COM 902120104 6983 140000 SH DEFINED 01 140000
UAL CORP COM 902549104 92 723 SH DEFINED 0103 723
UAL CORP 144A $100 A CONV PFD STOCK 902549302 17550 200000 SH DEFINED 0113 200000
UAL CORP 144A $100 A CONV PFD STOCK 902549302 5265 60000 SH DEFINED 0107 60000
UAL CORP 144A $100 A CONV PFD STOCK 902549302 3510 40000 SH DEFINED 0131 40000
USX CORP $50 CONV PFD STOCK 902905819 19504 371500 SH DEFINED 0130 371500
USX CORP $50 CONV PFD STOCK 902905819 3938 75000 SH DEFINED 0107 75000
USX MARATHON GROUP COM 902905827 140 8479 SH DEFINED 0103 8479
UST INC COM 902911106 19800 800000 SH DEFINED 0130 800000
UST INC COM 902911106 18563 750000 SH DEFINED 0113 750000
UST INC COM 902911106 3106 125500 SH DEFINED 0125 125500
UST INC COM 902911106 51975 2100000 SH DEFINED 011516 2100000
UST INC COM 902911106 11138 450000 SH DEFINED 011618 450000
UST INC COM 902911106 428 17300 SH DEFINED 0102 17300
UST INC COM 902911106 1411 57010 SH DEFINED 0103 57010
UST INC COM 902911106 290 11700 SH DEFINED 01 11700
UNUM CORP COM 903192102 24001 455000 SH DEFINED 011516 455000
UNUM CORP COM 903192102 121 2300 SH DEFINED 0103 2300
USF&G CONV BOND 903290AD6 1989 3900000 PRN DEFINED 0104 3900000
USF&G CONV BOND 903290AD6 612 1200000 PRN DEFINED 0107 1200000
USF&G CONV BOND 903290AD6 10812 21200000 PRN DEFINED 011516 21200000
USF&G CONV BOND 903290AD6 1377 2700000 PRN DEFINED 011621 2700000
USF&G CONV BOND 903290AD6 1454 2850000 PRN DEFINED 0131 2850000
USF&G CONV BOND 903290AD6 77 150000 PRN DEFINED 0103 150000
<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
U S F & G CORP COM 903290104 32 2465 SH DEFINED 0103 2465
USLICO CORP CONV BOND 903297AB5 606 600000 PRN DEFINED 0129 600000
USLICO CORP CONV BOND 903297AB5 1212 1200000 PRN DEFINED 0104 1200000
USLICO CORP CONV BOND 903297AB5 606 600000 PRN DEFINED 0109 600000
USLICO CORP CONV BOND 903297AB5 606 600000 PRN DEFINED 011621 600000
USX-US STEEL GROUP COM 90337T101 167 4500 SH DEFINED 0125 4500
USX-US STEEL GROUP COM 90337T101 22 600 SH DEFINED 0102 600
USX-US STEEL GROUP COM 90337T101 136 3671 SH DEFINED 0103 3671
ULTRAMAR COM 903912103 2600 100000 SH DEFINED 0107 100000
UNIFI, INC. COM 904677101 4225 200000 SH DEFINED 011618 200000
UNIFI, INC. COM 904677101 2111 99935 SH DEFINED 01 99935
UNILEVER NV NY SHRS COM 904784501 513 4900 SH DEFINED 0125 4900
UNILEVER NV NY SHRS COM 904784501 73 700 SH DEFINED 0102 700
UNILEVER NV NY SHRS COM 904784501 716 6832 SH DEFINED 0103 6832
UNION CAMP CORP COM 905530101 21019 475000 SH DEFINED 0130 475000
UNION CAMP CORP COM 905530101 8850 200000 SH DEFINED 0108 200000
UNION CAMP CORP COM 905530101 22125 500000 SH DEFINED 0113 500000
UNION CAMP CORP COM 905530101 111 2500 SH DEFINED 0125 2500
UNION CAMP CORP COM 905530101 18 400 SH DEFINED 0102 400
UNION CAMP CORP COM 905530101 7744 175000 SH DEFINED 0131 175000
UNION CAMP CORP COM 905530101 486 10971 SH DEFINED 0103 10971
UNION CARBIDE CORP COM 905581104 100 4436 SH DEFINED 0103 4436
UNION ELECTRIC COM 906548102 108 3057 SH DEFINED 0103 3057
UNION PACIFIC CORP COM 907818108 22700 400000 SH DEFINED 0130 400000
UNION PACIFIC CORP COM 907818108 9931 175000 SH DEFINED 0108 175000
UNION PACIFIC CORP COM 907818108 21281 375000 SH DEFINED 0113 375000
UNION PACIFIC CORP COM 907818108 8513 150000 SH DEFINED 0124 150000
UNION PACIFIC CORP COM 907818108 885 15600 SH DEFINED 0125 15600
UNION PACIFIC CORP COM 907818108 14188 250000 SH DEFINED 011516 250000
UNION PACIFIC CORP COM 907818108 15323 270000 SH DEFINED 011618 270000
UNION PACIFIC CORP COM 907818108 13102 230870 SH DEFINED 0102 103600 127270
UNION PACIFIC CORP COM 907818108 7094 125000 SH DEFINED 0131 125000
UNION PACIFIC CORP COM 907818108 1033 18213 SH DEFINED 0103 18213
UNION PACIFIC CORP COM 907818108 6810 120000 SH DEFINED 01 120000
UNION TEXAS PETRO HL COM 908640105 10200 600000 SH DEFINED 0124 600000
UNISYS CORP COM 909214108 72 4831 SH DEFINED 0103 4831
UNISYS CORP $3.75 CONV PFD STOCK 909214207 16900 400000 SH DEFINED 0113 400000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 2197 52000 SH DEFINED 0128 52000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 7394 175000 SH DEFINED 0132 175000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 5298 125400 SH DEFINED 0109 125400
UNISYS CORP $3.75 CONV PFD STOCK 909214207 1056 25000 SH DEFINED 0127 25000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 3507 83000 SH DEFINED 0107 83000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 7056 167000 SH DEFINED 0131 167000
UNISYS CORP $3.75 CONV PFD STOCK 909214207 444 10500 SH DEFINED 0103 10500
UNITED ASSET MGMT CO COM 909420101 20100 600000 SH DEFINED 011516 600000
UNITED HEALTHCARE COM 910581107 22230 520000 SH DEFINED 0126 520000
UNITED HEALTHCARE COM 910581107 3420 80000 SH DEFINED 0106 80000
UNITED HEALTHCARE COM 910581107 21375 500000 SH DEFINED 0111 500000
UNITED HEALTHCARE COM 910581107 21375 500000 SH DEFINED 0124 500000
UNITED HEALTHCARE COM 910581107 3292 77000 SH DEFINED 011622 77000
<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
UNITED HEALTHCARE COM 910581107 7336 171600 SH DEFINED 011623 171600
UNITED HEALTHCARE COM 910581107 7695 180000 SH DEFINED 011618 180000
UNITED HEALTHCARE COM 910581107 3249 76000 SH DEFINED 011614 76000
UNITED HEALTHCARE COM 910581107 34 800 SH DEFINED 0102 800
UNITED HEALTHCARE COM 910581107 4275 100000 SH DEFINED 0131 100000
UNITED HEALTHCARE COM 910581107 214 5000 SH DEFINED 0103 5000
UNITED INT'L HLDING COM 910734102 831 25000 SH DEFINED 011619 25000
UNITED INT'L HLDING COM 910734102 7116 214000 SH DEFINED 0102 214000
UNITED INT'L HLDING COM 910734102 106 3200 SH DEFINED 0103 3200
U.S. BANCORP COM 911596104 75 2958 SH DEFINED 0103 2958
US AIR GROUP INC. COM 911905107 14 1676 SH DEFINED 0103 1676
US HEALTH CARE INC COM 911910107 21525 525000 SH DEFINED 0124 525000
US HEALTH CARE INC COM 911910107 7995 195000 SH DEFINED 011618 195000
US HEALTH CARE INC COM 911910107 12 300 SH DEFINED 0102 300
US HEALTH CARE INC COM 911910107 203 4950 SH DEFINED 0103 4950
U. S. SURGICAL CORP COM 912707106 28 1577 SH DEFINED 0103 1577
U S WEST COM 912889102 40750 1000000 SH DEFINED 0126 1000000
U S WEST COM 912889102 10691 262357 SH DEFINED 0132 262357
U S WEST COM 912889102 5412 132819 SH DEFINED 0125 132819
U S WEST COM 912889102 5094 125000 SH DEFINED 0107 125000
U S WEST COM 912889102 2445 60000 SH DEFINED 011622 60000
U S WEST COM 912889102 5705 140000 SH DEFINED 011623 140000
U S WEST COM 912889102 13651 335000 SH DEFINED 011516 335000
U S WEST COM 912889102 785 19276 SH DEFINED 0102 19276
U S WEST COM 912889102 2711 66534 SH DEFINED 0103 66534
U S WEST COM 912889102 26 647 SH DEFINED 01 647
UNITED TECHNOLOGIES COM 913017109 227 3648 SH DEFINED 0103 3648
UNITED TELECOM $100 PREFERRED STOCK 9130259A2 3991 39914 SH DEFINED 0105 39914
UNIVERSITY PATENTS COM 914802103 1300 200000 SH DEFINED 0106 200000
UNOCAL CORP COM 915289102 3788 150000 SH DEFINED 0107 150000
UNOCAL CORP COM 915289102 182 7199 SH DEFINED 0103 7199
UPJOHN COM 915302103 16275 600000 SH DEFINED 0113 600000
UPJOHN COM 915302103 139 5126 SH DEFINED 0103 5126
USLIFE CORP COM 917318107 27 691 SH DEFINED 0103 691
UTILICORP UNITED INC COM 918005109 5800 200000 SH DEFINED 0132 200000
V. F. CORP COM 918204108 94 1872 SH DEFINED 0103 1872
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 3920 280000 SH DEFINED 0106 280000
VALENCE TECH COM 918914102 2800 200000 SH DEFINED 0111 200000
VALENCE TECH COM 918914102 490 35000 SH DEFINED 011619 35000
VALENCE TECH COM 918914102 3640 260000 SH DEFINED 011614 260000
VALENCE TECH COM 918914102 5956 425400 SH DEFINED 0102 425400
VALENCE TECH COM 918914102 3836 274000 SH DEFINED 0131 274000
VALENCE TECH COM 918914102 94 6700 SH DEFINED 0103 6700
VALUE HEALTH INC COM 920393105 31 800 SH DEFINED 0102 800
VANGUARD STAR FUND COM 921909107 1 96 SH DEFINED 01 96
VANGUARD CELL SYS COM 922022108 3641 125000 SH DEFINED 0106 125000
VANGUARD CELL SYS COM 922022108 1019 35000 SH DEFINED 011619 35000
VANGUARD CELL SYS COM 922022108 3204 110000 SH DEFINED 011614 110000
<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
VANGUARD CELL SYS COM 922022108 5898 202500 SH DEFINED 0102 202500
VANGUARD CELL SYS COM 922022108 3204 110000 SH DEFINED 0131 110000
VANGUARD CELL SYS COM 922022108 102 3500 SH DEFINED 0103 3500
VARITY CORP COM 92224R602 41 985 SH DEFINED 0103 985
VAUGHAN BASSETT FURN COM 922272117 37 1243 SH DEFINED 0102 1243
VENTRITEX INC COM 922814108 2763 130000 SH DEFINED 0106 130000
VENTRITEX INC COM 922814108 2763 130000 SH DEFINED 011614 130000
VENTRITEX INC COM 922814108 3681 173200 SH DEFINED 0102 173200
VENTRITEX INC COM 922814108 3613 170000 SH DEFINED 0131 170000
VENTRITEX INC COM 922814108 68 3200 SH DEFINED 0103 3200
VESSEL CHARTERS INC COM 925400996 0 25000 SH DEFINED 0102 25000
VIAGENE COM 92552T105 485 54600 SH DEFINED 0106 54600
VIAGENE COM 92552T105 399 45000 SH DEFINED 011619 45000
VIAGENE COM 92552T105 389 43800 SH DEFINED 011614 43800
VIAGENE COM 92552T105 618 69600 SH DEFINED 0131 69600
VIACOM INC CL B COM 925524308 2716 102500 SH DEFINED 011516 102500
VIACOM INC CL B COM 925524308 2650 100000 SH DEFINED 0131 100000
VIEW LOGIC COM 926721101 3459 135000 SH DEFINED 0106 135000
VIEW LOGIC COM 926721101 3203 125000 SH DEFINED 011614 125000
VIEW LOGIC COM 926721101 6428 250800 SH DEFINED 0102 250800
VIEW LOGIC COM 926721101 4484 175000 SH DEFINED 0131 175000
VIEW LOGIC COM 926721101 126 4900 SH DEFINED 0103 4900
VIRATEK INC COM 927648105 1181 131250 SH DEFINED 011614 131250
VIRGINIA-AMER WTR CO PREFERRED STOCK 927990200 248 2800 SH DEFINED 0113 2800
VISHAY INTRTECHNOLOG COM 928298108 9219 250000 SH DEFINED 0124 250000
VISHAY INTRTECHNOLOG COM 928298108 14750 400000 SH DEFINED 011516 400000
VISHAY INTRTECHNOLOG COM 928298108 12906 350000 SH DEFINED 011618 350000
VISHAY INTRTECHNOLOG COM 928298108 52 1400 SH DEFINED 0102 1400
VISHAY INTRTECHNOLOG COM 928298108 811 22000 SH DEFINED 0103 22000
VMARK SOFTWARE INC COM 928561109 2482 136000 SH DEFINED 011516 136000
VODAFONE GROUP ADR COM 92857T107 2708 35000 SH DEFINED 0106 35000
VODAFONE GROUP ADR COM 92857T107 2399 31000 SH DEFINED 011614 31000
VODAFONE GROUP ADR COM 92857T107 39 500 SH DEFINED 0102 500
VODAFONE GROUP ADR COM 92857T107 5803 75000 SH DEFINED 0131 75000
VODAFONE GROUP ADR COM 92857T107 619 8000 SH DEFINED 0103 8000
WICOR INC COM 929253102 8100 300000 SH DEFINED 0132 300000
WMX TECHNOLOGIES INC COM 92929Q107 347 14593 SH DEFINED 0103 14593
WABAN INC CVT CONV BOND 929394AA2 24000 25000000 PRN DEFINED 011516 25000000
WABASH NATL COM 929566107 728 20000 SH DEFINED 011619 20000
WABASH NATL COM 929566107 1273 35000 SH DEFINED 011620 35000
WABASH NATL COM 929566107 3128 86000 SH DEFINED 01 86000
WACHOVIA CORP COM 929771103 162 5099 SH DEFINED 0103 5099
WAL MART STORES COM 931142103 25875 1000000 SH DEFINED 0126 1000000
WAL MART STORES COM 931142103 7763 300000 SH DEFINED 0111 300000
WAL MART STORES COM 931142103 2507 96900 SH DEFINED 0125 96900
WAL MART STORES COM 931142103 2588 100000 SH DEFINED 011622 100000
WAL MART STORES COM 931142103 5563 215000 SH DEFINED 011623 215000
WAL MART STORES COM 931142103 15525 600000 SH DEFINED 011516 600000
WAL MART STORES COM 931142103 9056 350000 SH DEFINED 011618 350000
WAL MART STORES COM 931142103 115708 4471541 SH DEFINED 0102 1640150 2831391
<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
WAL MART STORES COM 931142103 9056 350000 SH DEFINED 0131 350000
WAL MART STORES COM 931142103 7922 306168 SH DEFINED 0103 198450 107718
WAL MART STORES COM 931142103 7395 285800 SH DEFINED 01 285800
WALGREEN CO. COM 931422109 32 800 SH DEFINED 0125 800
WALGREEN CO. COM 931422109 48150 1200000 SH DEFINED 011516 1200000
WALGREEN CO. COM 931422109 20 500 SH DEFINED 0102 500
WALGREEN CO. COM 931422109 162 4048 SH DEFINED 0103 4048
WALKER INTERACTIVE COM 931664106 1250 125000 SH DEFINED 011620 125000
WALL DATA COM 932045107 4102 91400 SH DEFINED 0130 91400
WALL DATA COM 932045107 13027 290300 SH DEFINED 011516 290300
WALL DATA COM 932045107 898 20000 SH DEFINED 011619 20000
WALL DATA COM 932045107 821 18300 SH DEFINED 011620 18300
WARNER LAMBERT CO COM 934488107 7734 125000 SH DEFINED 0124 125000
WARNER LAMBERT CO COM 934488107 256 4143 SH DEFINED 0103 4143
WASHINGTON WATER POW COM 940688104 5213 300000 SH DEFINED 0132 300000
WAXMAN IND WARRANTS WARRANT 944124999 188 150000 SH DEFINED 0105 150000
WEBCO COM 947621108 1539 90500 SH DEFINED 011516 90500
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 14100 200000 SH DEFINED 011516 200000
WELLFLEET COMM INC COM 949497101 846 12000 SH DEFINED 011619 12000
WELLFLEET COMM INC COM 949497101 13937 197700 SH DEFINED 0102 197700
WELLFLEET COMM INC COM 949497101 586 8300 SH DEFINED 0103 8300
WELLMAN INC COM 949702104 4125 200000 SH DEFINED 0128 200000
WELLMAN INC COM 949702104 28356 1374830 SH DEFINED 0102 516500 858330
WELLMAN INC COM 949702104 4950 240000 SH DEFINED 0131 240000
WELLS FARGO & CO COM 949740104 234 1676 SH DEFINED 0103 1676
WENDYS INTL INC COM 950590109 20550 1200000 SH DEFINED 0126 1200000
WENDYS INTL INC COM 950590109 3425 200000 SH DEFINED 0111 200000
WENDYS INTL INC COM 950590109 1154 67400 SH DEFINED 0125 67400
WENDYS INTL INC COM 950590109 2569 150000 SH DEFINED 011622 150000
WENDYS INTL INC COM 950590109 5823 340000 SH DEFINED 011623 340000
WENDYS INTL INC COM 950590109 6850 400000 SH DEFINED 011618 400000
WENDYS INTL INC COM 950590109 1561 91144 SH DEFINED 0102 91144
WENDYS INTL INC COM 950590109 1310 76458 SH DEFINED 0103 46200 30258
WENDYS INTL INC COM 950590109 728 42500 SH DEFINED 01 42500
WESTCOAST ENERGY COM 95751D102 11813 700000 SH DEFINED 0130 700000
WESTCOAST ENERGY COM 95751D102 5063 300000 SH DEFINED 0132 300000
WESTCOAST ENERGY COM 95751D102 16875 1000000 SH DEFINED 0124 1000000
WESTCOAST ENERGY COM 95751D102 1519 90000 SH DEFINED 0107 90000
WESTCOAST ENERGY COM 95751D102 3375 200000 SH DEFINED 011618 200000
WESTERN ATLAS INC COM 957674104 4125 100000 SH DEFINED 0108 100000
WESTERN ATLAS INC COM 957674104 57 1379 SH DEFINED 0103 1379
WEST DEEP LEVELS ADR COM 958077208 2063 55000 SH DEFINED 0127 55000
WESTERN RES COM 959425109 5843 205000 SH DEFINED 0132 205000
WESTERN RESOURCE INC PREFERRED STOCK 959425406 583 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 43 42753 SH DEFINED 0104 42753
WESTFED SER A PIK PREFERRED STOCK 960080208 71 71264 SH DEFINED 0109 71264
<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
WESTINGHOUSE ELEC COM 960402105 4800 400000 SH DEFINED 0124 400000
WESTINGHOUSE ELEC COM 960402105 123 10252 SH DEFINED 0103 10252
WESTVACO CORP COM 961548104 15938 500000 SH DEFINED 0113 500000
WESTVACO CORP COM 961548104 66 2072 SH DEFINED 0103 2072
WEYERHAEUSER COM 962166104 21625 500000 SH DEFINED 0130 500000
WEYERHAEUSER COM 962166104 9731 225000 SH DEFINED 0108 225000
WEYERHAEUSER COM 962166104 21625 500000 SH DEFINED 0126 500000
WEYERHAEUSER COM 962166104 30275 700000 SH DEFINED 0124 700000
WEYERHAEUSER COM 962166104 346 8000 SH DEFINED 0125 8000
WEYERHAEUSER COM 962166104 2811 65000 SH DEFINED 0107 65000
WEYERHAEUSER COM 962166104 11678 270000 SH DEFINED 011618 270000
WEYERHAEUSER COM 962166104 135389 3130276 SH DEFINED 0102 1152100 1978176
WEYERHAEUSER COM 962166104 5924 136962 SH DEFINED 0103 127550 9412
WEYERHAEUSER COM 962166104 25086 580000 SH DEFINED 01 580000
WHIRLPOOL CORP COM 963320106 6075 100000 SH DEFINED 011618 100000
WHIRLPOOL CORP COM 963320106 24 400 SH DEFINED 0102 400
WHIRLPOOL CORP COM 963320106 126 2070 SH DEFINED 0103 2070
WHITMAN CORP COM 96647K102 48 3154 SH DEFINED 0103 3154
WHOLE FOODS MARKET COM 966837106 1290 68800 SH DEFINED 0106 68800
WHOLE FOODS MARKET COM 966837106 1288 68700 SH DEFINED 011614 68700
WILLAMETTE IND INC COM 969133107 8550 180000 SH DEFINED 0108 180000
WILLAMETTE IND INC COM 969133107 1544 32500 SH DEFINED 011620 32500
WILLIAM COMPANIES COM 969457100 66 2748 SH DEFINED 0103 2748
WILLIAMS SONOMA COM 969904101 64 2025 SH DEFINED 0102 2025
WILLIAMS SONOMA COM 969904101 1021 32400 SH DEFINED 0103 32400
WINN-DIXIE COM 974280109 124 2267 SH DEFINED 0103 2267
WINTSON FURN COM 975629106 1059 110000 SH DEFINED 0107 110000
WISCONSIN ELEC PWR PREFERRED STOCK 976656702 83 854 SH DEFINED 0116 854
WITCO CORP COM 977385103 11625 375000 SH DEFINED 0130 375000
WITCO CORP COM 977385103 3100 100000 SH DEFINED 0107 100000
WOOLWORTH CORP COM 980883102 58 3844 SH DEFINED 0103 3844
WOOLWORTH LTD 144ADS COM 980888309 4376 200000 SH DEFINED 01 200000
WORTHINGTON IND COM 981811102 12242 623800 SH DEFINED 0108 623800
WORTHINGTON IND COM 981811102 6917 352500 SH DEFINED 0102 166900 185600
WORTHINGTON IND COM 981811102 54 2762 SH DEFINED 0103 2762
WRIGLEY WM JR CO COM 982526105 10150 200000 SH DEFINED 011516 200000
WRIGLEY WM JR CO COM 982526105 180 3551 SH DEFINED 0103 3551
XOMA CORP WARRANTS WARRANT 983907999 2 4142 SH DEFINED 011516 4142
XIRCOM INC COM 983922105 615 30000 SH DEFINED 011619 30000
XEROX COM 984121103 31038 325000 SH DEFINED 0130 325000
XEROX COM 984121103 50615 530000 SH DEFINED 0126 530000
XEROX COM 984121103 23875 250000 SH DEFINED 0113 250000
XEROX COM 984121103 4727 49500 SH DEFINED 0125 49500
XEROX COM 984121103 19100 200000 SH DEFINED 011618 200000
XEROX COM 984121103 54442 570055 SH DEFINED 0102 206150 363905
XEROX COM 984121103 9550 100000 SH DEFINED 0131 100000
XEROX COM 984121103 4827 50556 SH DEFINED 0103 22600 27956
XEROX COM 984121103 7611 79700 SH DEFINED 01 79700
YPF COM 984245100 7125 300000 SH DEFINED 0130 300000
YPF COM 984245100 2375 100000 SH DEFINED 0111 100000
<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
YPF COM 984245100 9500 400000 SH DEFINED 0124 400000
YPF COM 984245100 10213 430000 SH DEFINED 011618 430000
YPF COM 984245100 8313 350000 SH DEFINED 0131 350000
YPF COM 984245100 382 16100 SH DEFINED 0103 16100
YELLOW CORPORATION COM 985509108 19 788 SH DEFINED 0103 788
YORK INTL CORP NEW COM 986670107 6525 180000 SH DEFINED 011618 180000
YORK INTL CORP NEW COM 986670107 363 10000 SH DEFINED 01 10000
YOUNKERS INC COM 987767100 3150 175000 SH DEFINED 0128 175000
YOUNKERS INC COM 987767100 4680 260000 SH DEFINED 0131 260000
YOUNKERS INC COM 987767100 229 12700 SH DEFINED 0103 12700
ZENITH ELECTRONICS COM 989349105 8 788 SH DEFINED 0103 788
ZERO CORP COM 989484100 2462 182400 SH DEFINED 0128 182400
ZILOG INC COM 989524103 2660 80000 SH DEFINED 0106 80000
ZILOG INC COM 989524103 2826 85000 SH DEFINED 011614 85000
ZILOG INC COM 989524103 4394 132100 SH DEFINED 0102 132100
ZILOG INC COM 989524103 83 2500 SH DEFINED 0103 2500
ZURN INDUSTRIES COM 989824107 9 395 SH DEFINED 0103 395
ZOLL MEDICAL COM 989922109 3570 120000 SH DEFINED 0106 120000
ZOLL MEDICAL COM 989922109 1190 40000 SH DEFINED 011619 40000
ZOLL MEDICAL COM 989922109 3570 120000 SH DEFINED 011614 120000
ZOLL MEDICAL COM 989922109 6624 222600 SH DEFINED 0102 222600
ZOLL MEDICAL COM 989922109 4463 150000 SH DEFINED 0131 150000
ZOLL MEDICAL COM 989922109 95 3200 SH DEFINED 0103 3200
FEDERAL INCOME FUND COM 990008443 163947 14242675 SH DEFINED 0103 11439295 2803380
EQY BASE INDEX COM 990008450 100123 8557577 SH DEFINED 0103 8557577
MANAGED GIC FUND COM 990009326 79847 3665385 SH DEFINED 0103 3665385
REPORT SUMMARY 3626 DATA RECORDS 25985938 35 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
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