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<TABLE>
<C> <C>
<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 12/30/94
Institutional Investment Manager:
AMERICAN EXPRESS 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:
J. R. AMUNDSON V.P.INVESTMENT ACCOUNTING (612) 671-3517
Signature, Place and Date of Signing:
/s/ J. R. AMUNDSON MINNEAPOLIS MN 12/30/94
Other Managers on Whose Behalf this Report is Filed:
01 AMERICAN EXPRESS COMPANY 028-00698
03 AMERICAN EXPRESS TRUST COMPANY 028-01151
34 AMERICAN PARTNERS LIFE
02 IDS ADVISORY GROUP, INC. 028-02069
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 7013 300000 SH DEFINED 0108 300000
ACE LIMITED COM G0070K103 22206 950000 SH DEFINED 011516 950000
CHINA YACHAI INT'L COM G21082105 7055 680000 SH DEFINED 0124 680000
EK CHOR CHINA COM G29526103 1090 80000 SH DEFINED 0106 80000
EK CHOR CHINA COM G29526103 1703 125000 SH DEFINED 011614 125000
PACIFIC BASIN COM G68437121 2650 200000 SH DEFINED 0124 200000
TSEMF COM M87915100 660 60000 SH DEFINED 011619 60000
ELSAY BAILEY PROCS A COM N2925S101 1970 80000 SH DEFINED 011620 80000
ORTHOFIX INTL COM N6748L102 3048 265000 SH DEFINED 0128 265000
PANAMERICAN BEV COM P74823108 158 5000 SH DEFINED 01 5000
ADC TELECOM COM 000886101 3300 66000 SH DEFINED 0106 66000
ADC TELECOM COM 000886101 5565 111300 SH DEFINED 011614 111300
ADC TELECOM COM 000886101 11921 238400 SH DEFINED 0102 238400
ADC TELECOM COM 000886101 3795 75900 SH DEFINED 0131 75900
ADC TELECOM COM 000886101 218 4350 SH DEFINED 0103 4350
AER ENERGY COM 000944108 1463 325000 SH DEFINED 011614 325000
AK STEEL HOLDINGS CONV PFD STOCK 001547207 5000 160000 SH DEFINED 0107 160000
ALC COMMUNICATIONS I COM 001575307 3424 110000 SH DEFINED 0106 110000
ALC COMMUNICATIONS I COM 001575307 6848 220000 SH DEFINED 011614 220000
ALC COMMUNICATIONS I COM 001575307 12420 399050 SH DEFINED 0102 399050
ALC COMMUNICATIONS I COM 001575307 4824 155000 SH DEFINED 0131 155000
ALC COMMUNICATIONS I COM 001575307 177 5700 SH DEFINED 0103 5700
AMLI COM 001735109 6563 350000 SH DEFINED 0113 350000
AMR CORP CONV BOND 001765AY2 18394 22500000 PRN DEFINED 0113 22500000
AMR CORP CONV BOND 001765AY2 7562 9250000 PRN DEFINED 0107 9250000
AMR CORP CONV BOND 001765AY2 9810 12000000 PRN DEFINED 011516 12000000
AMR CORP CONV BOND 001765AY2 12263 15000000 PRN DEFINED 011618 15000000
AMR CORP CONV BOND 001765AY2 4088 5000000 PRN DEFINED 0131 5000000
AMR CORP DEL COM 001765106 1299 24400 SH DEFINED 0125 24400
AMR CORP DEL COM 001765106 36325 682085 SH DEFINED 0102 206550 475535
AMR CORP DEL COM 001765106 1590 29846 SH DEFINED 0103 15950 13896
AMR CORP DEL COM 001765106 7610 142900 SH DEFINED 01 142900
ARCO CHEMICAL CO COM 001920107 25300 575000 SH DEFINED 0113 575000
ARCO CHEMICAL CO COM 001920107 1175 26700 SH DEFINED 0107 26700
ARCO CHEMICAL CO COM 001920107 9350 212500 SH DEFINED 0131 212500
ARCO CHEMICAL CO COM 001920107 387 8800 SH DEFINED 0103 8800
APS HOLDING CORP -C COM 001937101 4520 160000 SH DEFINED 0106 160000
APS HOLDING CORP -C COM 001937101 3450 122100 SH DEFINED 0102 122100
APS HOLDING CORP -C COM 001937101 65 2300 SH DEFINED 0103 2300
AT&T CORPORATION CVT CONV BOND 001957AN9 4075 5000000 PRN DEFINED 011618 5000000
AT&T CORP COM 001957109 20100 400000 SH DEFINED 0132 400000
AT&T CORP COM 001957109 13568 270000 SH DEFINED 011618 270000
AT&T CORP COM 001957109 142 2825 SH DEFINED 0102 2825
AT&T CORP COM 001957109 3631 72249 SH DEFINED 0103 72249
ABBOTT LABS COM 002824100 23490 720000 SH DEFINED 0126 720000
ABBOTT LABS COM 002824100 16313 500000 SH DEFINED 0124 500000
ABBOTT LABS COM 002824100 183 5600 SH DEFINED 0125 5600
ABBOTT LABS COM 002824100 31053 951765 SH DEFINED 0102 277925 673840
ABBOTT LABS COM 002824100 1311 40206 SH DEFINED 0103 40206
ABBOTT LABS COM 002824100 131 4000 SH DEFINED 01 4000
<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
ADOBE SYSTEMS INC COM 00724F101 7586 255000 SH DEFINED 0106 255000
ADOBE SYSTEMS INC COM 00724F101 1934 65000 SH DEFINED 011619 65000
ADOBE SYSTEMS INC COM 00724F101 11156 375000 SH DEFINED 011614 375000
ADOBE SYSTEMS INC COM 00724F101 5273 177200 SH DEFINED 0102 177200
ADOBE SYSTEMS INC COM 00724F101 8761 294500 SH DEFINED 0131 294500
ADOBE SYSTEMS INC COM 00724F101 520 17500 SH DEFINED 0103 17500
ADVNCD INF SRVC ADR COM 00753G103 266 19188 SH DEFINED 01 19188
ADVANCED TISSUE SCI COM 00755F103 1238 150000 SH DEFINED 011614 150000
ADVOCAT COM 007586100 2454 185200 SH DEFINED 0106 185200
ADVOCAT COM 007586100 3313 250000 SH DEFINED 011614 250000
ADVANCED MICRO DEV COM 007903107 106 4278 SH DEFINED 0103 4278
ADVANTA B COM 007942204 3030 120000 SH DEFINED 0106 120000
ADVANTA B COM 007942204 4419 175000 SH DEFINED 011614 175000
ADVANTA B COM 007942204 18812 745000 SH DEFINED 0102 745000
ADVANTA B COM 007942204 316 12500 SH DEFINED 0103 12500
AETNA LIFE & CAS COM 008140105 23563 500000 SH DEFINED 0113 500000
AETNA LIFE & CAS COM 008140105 11781 250000 SH DEFINED 011516 250000
AETNA LIFE & CAS COM 008140105 244 5174 SH DEFINED 0103 5174
AFFILIATED COMPUTER COM 008190100 1075 50000 SH DEFINED 011619 50000
AFFYMAX NV COM 008267106 1331 75000 SH DEFINED 0106 75000
AFFYMAX NV COM 008267106 1864 105000 SH DEFINED 011614 105000
AFL/CIO UNITS OF COM 008270993 0 461 SH DEFINED 0102 461
AHMANSON HF & CO COM 008677106 14513 900000 SH DEFINED 0113 900000
AHMANSON HF & CO COM 008677106 297 18400 SH DEFINED 0125 18400
AHMANSON HF & CO COM 008677106 42 2600 SH DEFINED 0102 2600
AHMANSON HF & CO COM 008677106 8708 540000 SH DEFINED 0131 540000
AHMANSON HF & CO COM 008677106 597 36991 SH DEFINED 0103 36991
AIR PROD & CHEM COM 009158106 22803 511000 SH DEFINED 0124 511000
AIR PROD & CHEM COM 009158106 10892 244019 SH DEFINED 0102 75200 168819
AIR PROD & CHEM COM 009158106 766 17170 SH DEFINED 0103 11900 5270
AIRGAS INC COM 009363102 2656 125000 SH DEFINED 0106 125000
AIRGAS INC COM 009363102 5313 250000 SH DEFINED 011614 250000
AIRGAS INC COM 009363102 8811 414600 SH DEFINED 0102 414600
AIRGAS INC COM 009363102 170 8000 SH DEFINED 0103 8000
AIRTOUCH COMMUN COM 00949T100 24028 825000 SH DEFINED 0130 825000
AIRTOUCH COMMUN COM 00949T100 7281 250000 SH DEFINED 0108 250000
AIRTOUCH COMMUN COM 00949T100 64075 2200000 SH DEFINED 0126 2200000
AIRTOUCH COMMUN COM 00949T100 17475 600000 SH DEFINED 0111 600000
AIRTOUCH COMMUN COM 00949T100 5825 200000 SH DEFINED 0132 200000
AIRTOUCH COMMUN COM 00949T100 23300 800000 SH DEFINED 0124 800000
AIRTOUCH COMMUN COM 00949T100 4255 146100 SH DEFINED 0125 146100
AIRTOUCH COMMUN COM 00949T100 3874 133000 SH DEFINED 011622 133000
AIRTOUCH COMMUN COM 00949T100 8446 290000 SH DEFINED 011623 290000
AIRTOUCH COMMUN COM 00949T100 13106 450000 SH DEFINED 011516 450000
AIRTOUCH COMMUN COM 00949T100 23300 800000 SH DEFINED 011618 800000
AIRTOUCH COMMUN COM 00949T100 100860 3462630 SH DEFINED 0102 1125450 2337180
AIRTOUCH COMMUN COM 00949T100 7406 254300 SH DEFINED 0131 254300
AIRTOUCH COMMUN COM 00949T100 4669 160268 SH DEFINED 0103 75350 84918
AIRTOUCH COMMUN COM 00949T100 9338 320600 SH DEFINED 01 320600
AKZO NOBEL NV ORD COM 010199990 5772 50000 SH DEFINED 0112 50000
<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 9720 84200 SH DEFINED 011617 84200
AKZO NOBEL NV ORD COM 010199990 3002 26000 SH DEFINED 0131 26000
AKZO NOBEL NV ORD COM 010199990 146 1265 SH DEFINED 01 1265
ALANTEC COM 011630100 2000 62500 SH DEFINED 0106 62500
ALANTEC COM 011630100 2800 87500 SH DEFINED 011614 87500
ALBANY INTERNATIONAL CONV BOND 012348AA6 3267 3750000 PRN DEFINED 0104 3750000
ALBANY INTERNATIONAL CONV BOND 012348AA6 3267 3750000 PRN DEFINED 011621 3750000
ALBANY INTL CORP NEW COM 012348108 2021 105000 SH DEFINED 011620 105000
ALBANY INTL CORP NEW COM 012348108 2117 109966 SH DEFINED 0102 109966
ALBERTO CULVER COM 013068101 34 1259 SH DEFINED 0103 1259
ALBERTSONS INC COM 013104104 10150 350000 SH DEFINED 0108 350000
ALBERTSONS INC COM 013104104 20300 700000 SH DEFINED 0126 700000
ALBERTSONS INC COM 013104104 339 11686 SH DEFINED 0103 11686
ALCAN ALUMINIUM LTD COM 013716105 262 10339 SH DEFINED 0103 10339
ALCO STANDARD COM 013788104 20080 320000 SH DEFINED 0126 320000
ALCO STANDARD COM 013788104 18825 300000 SH DEFINED 0111 300000
ALCO STANDARD COM 013788104 6275 100000 SH DEFINED 011618 100000
ALCO STANDARD COM 013788104 498 7939 SH DEFINED 0102 7939
ALCO STANDARD COM 013788104 5415 86300 SH DEFINED 0131 86300
ALCO STANDARD COM 013788104 425 6773 SH DEFINED 0103 4300 2473
ALCO STANDARD COM 013788104 6338 101000 SH DEFINED 01 101000
ALCO STANDARD $50 CONV PFD STOCK 013788500 7250 100000 SH DEFINED 011618 100000
ALEXNDR & ALEX SERV COM 014476105 80 4300 SH DEFINED 0125 4300
ALEXNDR & ALEX SERV COM 014476105 11 600 SH DEFINED 0102 600
ALEXNDR & ALEX SERV COM 014476105 70 3811 SH DEFINED 0103 3811
ALLERGAN INC COM 018490102 84 2974 SH DEFINED 0103 2974
ALLIANCE ENTMT CORP COM 018593103 786 170000 SH DEFINED 011619 170000
ALLIANCE SEMI CONDUC COM 01877H100 9061 289900 SH DEFINED 0102 289900
ALLIANCE SEMI CONDUC COM 01877H100 169 5400 SH DEFINED 0103 5400
ALLIED GROUP INC COM 019220102 5693 230000 SH DEFINED 0128 230000
ALLIED SIGNAL INC COM 019512102 10200 300000 SH DEFINED 0124 300000
ALLIED SIGNAL INC COM 019512102 11900 350000 SH DEFINED 011618 350000
ALLIED SIGNAL INC COM 019512102 446 13121 SH DEFINED 0103 13121
ALLTEL CORP COM 020039103 24100 800000 SH DEFINED 0124 800000
ALLTEL CORP COM 020039103 250 8300 SH DEFINED 0103 8300
ALLTEL 7.75 $100 PAR PREFERRED STOCK 02009*990 853 8560 SH DEFINED 0105 8560
ALUMAX INC COM 022197107 5675 200000 SH DEFINED 0126 200000
ALUMAX INC COM 022197107 1024 36100 SH DEFINED 011622 36100
ALUMAX INC COM 022197107 2273 80100 SH DEFINED 011623 80100
ALUMAX INC COM 022197107 14188 500000 SH DEFINED 011618 500000
ALUMAX INC COM 022197107 1419 50000 SH DEFINED 011619 50000
ALUMAX INC COM 022197107 11 400 SH DEFINED 0102 400
ALUMAX INC COM 022197107 3425 120700 SH DEFINED 0131 120700
ALUMAX INC COM 022197107 159 5600 SH DEFINED 0103 5600
ALUMINUM CO AMERICA COM 022249106 8663 100000 SH DEFINED 0108 100000
ALUMINUM CO AMERICA COM 022249106 77414 893628 SH DEFINED 0102 310100 583528
ALUMINUM CO AMERICA COM 022249106 1520 17538 SH DEFINED 0103 13500 4038
ALUMINUM CO AMERICA COM 022249106 2599 30000 SH DEFINED 01 30000
ALZA COM 022615108 68 3766 SH DEFINED 0103 3766
AMERADA HESS COM 023551104 194 4248 SH DEFINED 0103 4248
<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
AMDAHL CORP COM 023905102 58 5309 SH DEFINED 0103 5309
AMDAHL CORP COM 023905102 770 70000 SH DEFINED 01 70000
AMERICAN BARRICK RES COM 02451E109 11125 500000 SH DEFINED 0124 500000
AMERICAN BARRICK RES COM 02451E109 6453 290000 SH DEFINED 0127 290000
AMERICAN BARRICK RES COM 02451E109 294 13225 SH DEFINED 0103 13225
AMERICAN BRANDS INC. COM 024703100 22500 600000 SH DEFINED 0113 600000
AMERICAN BRANDS INC. COM 024703100 3045 81200 SH DEFINED 0131 81200
AMERICAN BRANDS INC. COM 024703100 492 13104 SH DEFINED 0103 13104
AMERICAN ELEC PWR COM 025537101 6246 190000 SH DEFINED 0132 190000
AMERICAN ELEC PWR COM 025537101 280 8510 SH DEFINED 0103 8510
AMERICAN EXPLORATION COM 025762105 0 42 SH DEFINED 0102 42
AMERICAN EXPRESS COM 025816109 338635 11479149 SH DEFINED 0103 11479149
AMERICAN EXPRESS COM 025816109 5544 187949 SH DEFINED 01 187949
AMERICAN FREIGHTWAYS COM 02629V108 4969 250000 SH DEFINED 0106 250000
AMERICAN FREIGHTWAYS COM 02629V108 994 50000 SH DEFINED 011619 50000
AMERICAN FREIGHTWAYS COM 02629V108 7950 400000 SH DEFINED 011614 400000
AMERICAN FREIGHTWAYS COM 02629V108 12495 628700 SH DEFINED 0102 628700
AMERICAN FREIGHTWAYS COM 02629V108 1312 66000 SH DEFINED 0131 66000
AMERICAN FREIGHTWAYS COM 02629V108 235 11800 SH DEFINED 0103 11800
AMER GENERAL CORP COM 026351106 25425 900000 SH DEFINED 0113 900000
AMER GENERAL CORP COM 026351106 8899 315000 SH DEFINED 0107 315000
AMER GENERAL CORP COM 026351106 12713 450000 SH DEFINED 0131 450000
AMER GENERAL CORP COM 026351106 745 26376 SH DEFINED 0103 26376
AMER GENERAL CORP COM 026351106 11131 394000 SH DEFINED 01 394000
AM GREETINGS CL A COM 026375105 24357 902100 SH DEFINED 0130 902100
AM GREETINGS CL A COM 026375105 70 2600 SH DEFINED 0102 2600
AM GREETINGS CL A COM 026375105 92 3400 SH DEFINED 0103 3400
AM GREETINGS CL A COM 026375105 7255 268700 SH DEFINED 01 268700
AMERICAN HEALTH PROP COM 026494104 2370 120000 SH DEFINED 0132 120000
AMER HOME PRODUCTS COM 026609107 25100 400000 SH DEFINED 0113 400000
AMER HOME PRODUCTS COM 026609107 7844 125000 SH DEFINED 0107 125000
AMER HOME PRODUCTS COM 026609107 92 1467 SH DEFINED 0102 1467
AMER HOME PRODUCTS COM 026609107 898 14311 SH DEFINED 0103 14311
AMERICAN HOME STAR COM 026651109 536 55000 SH DEFINED 011619 55000
AMERICAN INTL GROUP COM 026874107 80360 820000 SH DEFINED 0126 820000
AMERICAN INTL GROUP COM 026874107 9800 100000 SH DEFINED 011516 100000
AMERICAN INTL GROUP COM 026874107 117682 1200814 SH DEFINED 0102 436685 764129
AMERICAN INTL GROUP COM 026874107 3265 33298 SH DEFINED 0103 18650 14648
AMERICAN INTL GROUP COM 026874107 5684 58000 SH DEFINED 01 58000
AMERICAN MANAGEMENT COM 027352103 5775 300000 SH DEFINED 0106 300000
AMERICAN MANAGEMENT COM 027352103 866 45000 SH DEFINED 011619 45000
AMERICAN MANAGEMENT COM 027352103 7219 375000 SH DEFINED 011614 375000
AMERICAN MANAGEMENT COM 027352103 6406 332650 SH DEFINED 0102 332650
AMERICAN MANAGEMENT COM 027352103 117 6100 SH DEFINED 0103 6100
AMERICAN MED RESP COM 027446103 4187 145000 SH DEFINED 0106 145000
AMERICAN MED RESP COM 027446103 6064 210000 SH DEFINED 011614 210000
AMER PWR CONVERSION COM 029066107 9825 600000 SH DEFINED 0130 600000
AMER PWR CONVERSION COM 029066107 6141 375000 SH DEFINED 0108 375000
AMER PWR CONVERSION COM 029066107 2784 170000 SH DEFINED 0106 170000
AMER PWR CONVERSION COM 029066107 4913 300000 SH DEFINED 0111 300000
<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
AMER PWR CONVERSION COM 029066107 13100 800000 SH DEFINED 011618 800000
AMER PWR CONVERSION COM 029066107 819 50000 SH DEFINED 011619 50000
AMER PWR CONVERSION COM 029066107 4421 270000 SH DEFINED 011614 270000
AMER PWR CONVERSION COM 029066107 4759 290600 SH DEFINED 0102 290600
AMER PWR CONVERSION COM 029066107 3154 192600 SH DEFINED 0131 192600
AMER PWR CONVERSION COM 029066107 249 15200 SH DEFINED 0103 15200
AMER PWR CONVERSION COM 029066107 2751 168000 SH DEFINED 01 168000
AMERICAN PRESIDENT COM 029103108 5555 220000 SH DEFINED 0128 220000
AMERICAN PRESIDENT COM 029103108 5555 220000 SH DEFINED 0131 220000
AMERICAN STORES CO COM 030096101 177 6570 SH DEFINED 0103 6570
AMERICAN TELECAST WT WARRANT 030151112 200 100000 SH DEFINED 0109 100000
AMERITECH NZ A $100 PREFERRED STOCK 03070V209 2820 30000 SH DEFINED 01 30000
AMERITECH NZ A $100 PREFERRED STOCK 03070V209 4700 50000 SH DEFINED 01 50000
AMERITECH CORP COM 030954101 1018 25209 SH DEFINED 0103 25209
AMGEN INC COM 031162100 3245 55000 SH DEFINED 0106 55000
AMGEN INC COM 031162100 29500 500000 SH DEFINED 0124 500000
AMGEN INC COM 031162100 968 16400 SH DEFINED 0125 16400
AMGEN INC COM 031162100 13275 225000 SH DEFINED 011516 225000
AMGEN INC COM 031162100 5015 85000 SH DEFINED 011614 85000
AMGEN INC COM 031162100 520 8800 SH DEFINED 0102 8800
AMGEN INC COM 031162100 5753 97500 SH DEFINED 0131 97500
AMGEN INC COM 031162100 776 13159 SH DEFINED 0103 13159
AMGEN INC COM 031162100 3540 60000 SH DEFINED 01 60000
AMP COM 031897101 352 4839 SH DEFINED 0103 4839
AMOCO CORP COM 031905102 25128 425000 SH DEFINED 0130 425000
AMOCO CORP COM 031905102 76863 1300000 SH DEFINED 0126 1300000
AMOCO CORP COM 031905102 2956 50000 SH DEFINED 0132 50000
AMOCO CORP COM 031905102 17738 300000 SH DEFINED 0124 300000
AMOCO CORP COM 031905102 1336 22600 SH DEFINED 0125 22600
AMOCO CORP COM 031905102 8278 140000 SH DEFINED 0107 140000
AMOCO CORP COM 031905102 20694 350000 SH DEFINED 011618 350000
AMOCO CORP COM 031905102 141383 2391146 SH DEFINED 0102 845000 1546146
AMOCO CORP COM 031905102 13008 220000 SH DEFINED 0131 220000
AMOCO CORP COM 031905102 4627 78242 SH DEFINED 0103 36750 41492
AMOCO CORP COM 031905102 1774 30000 SH DEFINED 01 30000
AMRESCO COM 031909104 1586 235000 SH DEFINED 0128 235000
AMPHENOL CORP COM 032094203 6000 250000 SH DEFINED 0124 250000
AMSOUTH BANCORPORATI COM 032165102 1931 75000 SH DEFINED 011614 75000
AMYLIN PHARM COM 032346108 900 150000 SH DEFINED 0106 150000
AMYLIN PHARM COM 032346108 900 150000 SH DEFINED 011614 150000
ANACOMP INC WRNTS WARRANT 032375123 167 166930 SH DEFINED 0109 166930
ANACOMP 8.25 SER 1 PREFERRED STOCK 032375404 1750 50000 SH DEFINED 0109 50000
ANACOMP 8.25 SER 1 PREFERRED STOCK 032375404 350 10000 SH DEFINED 0131 10000
ANADARKO PETRO CORP COM 032511107 39 1000 SH DEFINED 0102 1000
ANDREW CORP COM 034425108 1306 25000 SH DEFINED 0126 25000
ANDREW CORP COM 034425108 23513 450000 SH DEFINED 0111 450000
ANDREW CORP COM 034425108 11294 216200 SH DEFINED 0102 216200
ANDREW CORP COM 034425108 4964 95000 SH DEFINED 0131 95000
ANDREW CORP COM 034425108 262 5022 SH DEFINED 0103 3850 1172
ANESTA COM 034603100 564 105000 SH DEFINED 0106 105000
<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
ANESTA COM 034603100 215 40000 SH DEFINED 011619 40000
ANESTA COM 034603100 484 90000 SH DEFINED 011614 90000
ANHEUSER BUSCH CO COM 035229103 624 12258 SH DEFINED 0103 12258
ANNTAYLOR STORES COR COM 036115103 17 500 SH DEFINED 0102 500
ANNTAYLOR STORES COR COM 036115103 5799 168700 SH DEFINED 0131 168700
ANNTAYLOR STORES COR COM 036115103 282 8200 SH DEFINED 0103 8200
AON CORP COM 037389103 17600 550000 SH DEFINED 0113 550000
AON CORP COM 037389103 10400 325000 SH DEFINED 0131 325000
AON CORP COM 037389103 448 14000 SH DEFINED 0103 14000
AIMCO COM 03748R101 1416 82100 SH DEFINED 011618 82100
APPALACHIAN PWR $100 PREFERRED STOCK 037735834 1973 20000 SH DEFINED 0105 20000
APPLE COMPUTER COM 037833100 211 5407 SH DEFINED 0103 5407
APPLIED MATERIALS COM 038222105 9401 222500 SH DEFINED 0130 222500
APPLIED MATERIALS COM 038222105 25350 600000 SH DEFINED 0126 600000
APPLIED MATERIALS COM 038222105 9295 220000 SH DEFINED 0106 220000
APPLIED MATERIALS COM 038222105 8450 200000 SH DEFINED 0111 200000
APPLIED MATERIALS COM 038222105 2066 48900 SH DEFINED 011622 48900
APPLIED MATERIALS COM 038222105 4597 108800 SH DEFINED 011623 108800
APPLIED MATERIALS COM 038222105 1690 40000 SH DEFINED 011620 40000
APPLIED MATERIALS COM 038222105 13943 330000 SH DEFINED 011614 330000
APPLIED MATERIALS COM 038222105 504 11919 SH DEFINED 0102 11919
APPLIED MATERIALS COM 038222105 9472 224200 SH DEFINED 0131 224200
APPLIED MATERIALS COM 038222105 245 5800 SH DEFINED 0103 5800
APPLIED MATERIALS COM 038222105 2451 58000 SH DEFINED 01 58000
APPLIED VOICE COM 03828M105 838 50000 SH DEFINED 011619 50000
ARCHER DANIELS MDLND COM 039483102 12375 600000 SH DEFINED 0126 600000
ARCHER DANIELS MDLND COM 039483102 490 23751 SH DEFINED 0103 23751
ARIZONA PUB SER V PREFERRED STOCK 040555799 3039 30000 SH DEFINED 01 30000
ARIZONA PUB SVC $100 PREFERRED STOCK 040555815 5478 50000 SH DEFINED 0105 50000
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 2953 38100 SH DEFINED 01 38100
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 1783 23000 SH DEFINED 0116 23000
ARMCO INC COM 042170100 304 45840 SH DEFINED 0103 45840
ARMSTRONG WORLD IND COM 042476101 66 1717 SH DEFINED 0103 1717
ARNOLD INDUSTRIES IN COM 042595108 7263 350000 SH DEFINED 011516 350000
ARROW ELECTRONICS COM 042735100 11659 325000 SH DEFINED 0130 325000
ARROW ELECTRONICS COM 042735100 1614 45000 SH DEFINED 011620 45000
ASARCO INC COM 043413103 55 1924 SH DEFINED 0103 1924
ASCEND COMM COM 043491109 2038 50000 SH DEFINED 0106 50000
ASCEND COMM COM 043491109 1630 40000 SH DEFINED 011614 40000
ASHANTI GOLD 144A COM 043743103 1080 50000 SH DEFINED 0127 50000
ASHLAND OIL COM 044540102 96 2779 SH DEFINED 0103 2779
ATLANTIC RICHFIELD COM 048825103 25438 250000 SH DEFINED 0113 250000
ATLANTIC RICHFIELD COM 048825103 1201 11800 SH DEFINED 0125 11800
ATLANTIC RICHFIELD COM 048825103 163 1600 SH DEFINED 0102 1600
ATLANTIC RICHFIELD COM 048825103 1260 12376 SH DEFINED 0103 12376
ATL RICHFIELD PFD CONV PFD STOCK 048825137 7838 300000 SH DEFINED 0107 300000
ATMEL CORP COM 049513104 6700 200000 SH DEFINED 0106 200000
ATMEL CORP COM 049513104 1340 40000 SH DEFINED 011619 40000
ATMEL CORP COM 049513104 10720 320000 SH DEFINED 011614 320000
ATMEL CORP COM 049513104 5361 160000 SH DEFINED 0102 160000
<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
ATMEL CORP COM 049513104 64 1900 SH DEFINED 0103 1900
AUTO DESK COM 052769106 5944 150000 SH DEFINED 0126 150000
AUTO DESK COM 052769106 16868 425700 SH DEFINED 0102 425700
AUTO DESK COM 052769106 5397 136200 SH DEFINED 0131 136200
AUTO DESK COM 052769106 971 24498 SH DEFINED 0103 22300 2198
AUTOMATIC DATA PROC. COM 053015103 33345 570000 SH DEFINED 011516 570000
AUTOMATIC DATA PROC. COM 053015103 421 7200 SH DEFINED 0102 1200 6000
AUTOMATIC DATA PROC. COM 053015103 383 6542 SH DEFINED 0103 6542
AUTOMOTIVE IND COM 05329E102 15188 750000 SH DEFINED 0124 750000
AUTOTOTE CORP COM 053323101 1138 100000 SH DEFINED 011619 100000
AUTOTOTE CORP COM 053323101 309 27185 SH DEFINED 0102 27185
AVALON COM 053469102 3450 150000 SH DEFINED 0132 150000
AVERY DENNISON CORP COM 053611109 92 2592 SH DEFINED 0103 2592
AVON PRODUCTS COM 054303102 199 3325 SH DEFINED 0103 3325
BB&T FINANCIAL COM 05527L106 4200 150000 SH DEFINED 0128 150000
BB&T FINANCIAL COM 05527L106 1680 60000 SH DEFINED 0106 60000
BB&T FINANCIAL COM 05527L106 2184 78000 SH DEFINED 011614 78000
BB&T FINANCIAL COM 05527L106 8680 310000 SH DEFINED 0131 310000
BB&T FINANCIAL COM 05527L106 336 12000 SH DEFINED 0103 12000
BISYS GROUP COM 055472104 10841 490000 SH DEFINED 011516 490000
BISYS GROUP COM 055472104 1991 90000 SH DEFINED 011619 90000
BTG INC COM 05576J101 660 80000 SH DEFINED 011619 80000
BAKER HUGHES COM 057224107 118 6477 SH DEFINED 0103 6477
BALL CORP COM 058498106 43 1363 SH DEFINED 0103 1363
BALLY ENTERTAINMENT COM 05873C106 13 2161 SH DEFINED 0103 2161
BALLY GAMING INTL IN COM 058731100 3453 325000 SH DEFINED 0124 325000
BALTIMORE GAS & ELEC COM 059165100 20 900 SH DEFINED 0102 900
BALTIMORE GAS & ELEC COM 059165100 149 6735 SH DEFINED 0103 6735
BALTIMORE G&E $100 PREFERRED STOCK 059165829 306 3000 SH DEFINED 01 3000
BANC ONE CORP COM 059438101 447 17609 SH DEFINED 0103 17609
BANCO DE GALICIA COM 059538207 3517 203895 SH DEFINED 0112 203895
BANCO DE GALICIA COM 059538207 6900 400000 SH DEFINED 0135 400000
BANCO DE GALICIA COM 059538207 5152 298655 SH DEFINED 011617 298655
BANCO DE GALICIA COM 059538207 1379 79925 SH DEFINED 0131 79925
BANCO FRANCES COM 059591107 6413 300000 SH DEFINED 0135 300000
BANCO FRANCES COM 059591107 7161 335000 SH DEFINED 0107 335000
BANCO FRANCES COM 059591107 1603 75000 SH DEFINED 011620 75000
BANCO FRANCES COM 059591107 2608 122000 SH DEFINED 01 122000
BAN NAC DEMEX 144A CONV BOND 059617AA8 16000 20000000 PRN DEFINED 0130 20000000
BAN NAC DEMEX 144A CONV BOND 059617AA8 8000 10000000 PRN DEFINED 0124 10000000
BAN NAC DEMEX 144A CONV BOND 059617AA8 1600 2000000 PRN DEFINED 011620 2000000
BANCO O'HIGGINS COM 059629105 5138 300000 SH DEFINED 0135 300000
BANCO OSORNO Y LA COM 059631101 2419 225000 SH DEFINED 0124 225000
BANCO WIESE ADS COM 059651109 1313 70000 SH DEFINED 0135 70000
BANK OF BOSTON COM 060716107 75 2900 SH DEFINED 0125 2900
BANK OF BOSTON COM 060716107 10 400 SH DEFINED 0102 400
BANK OF BOSTON COM 060716107 157 6062 SH DEFINED 0103 6062
BANK AMERICA CORP COM 066050105 28638 725000 SH DEFINED 0130 725000
BANK AMERICA CORP COM 066050105 15800 400000 SH DEFINED 0113 400000
BANK AMERICA CORP COM 066050105 39500 1000000 SH DEFINED 0124 1000000
<PAGE> PAGE 10
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BANK AMERICA CORP COM 066050105 3527 89300 SH DEFINED 0125 89300
BANK AMERICA CORP COM 066050105 8098 205000 SH DEFINED 0107 205000
BANK AMERICA CORP COM 066050105 27650 700000 SH DEFINED 011516 700000
BANK AMERICA CORP COM 066050105 9875 250000 SH DEFINED 011618 250000
BANK AMERICA CORP COM 066050105 121436 3074098 SH DEFINED 0102 992800 2081298
BANK AMERICA CORP COM 066050105 11850 300000 SH DEFINED 0131 300000
BANK AMERICA CORP COM 066050105 4287 108562 SH DEFINED 0103 44400 64162
BANK AMERICA CORP COM 066050105 12732 322300 SH DEFINED 01 322300
BANKERS TRUST NY COM 066365107 22150 400000 SH DEFINED 0113 400000
BANKERS TRUST NY COM 066365107 22 400 SH DEFINED 0125 400
BANKERS TRUST NY COM 066365107 8306 150000 SH DEFINED 0107 150000
BANKERS TRUST NY COM 066365107 6 100 SH DEFINED 0102 100
BANKERS TRUST NY COM 066365107 10244 185000 SH DEFINED 0131 185000
BANKERS TRUST NY COM 066365107 602 10874 SH DEFINED 0103 10874
BANYAN CORP COM 066908104 10725 600000 SH DEFINED 0130 600000
BANYAN CORP COM 066908104 5363 300000 SH DEFINED 0108 300000
BANYAN CORP COM 066908104 13406 750000 SH DEFINED 011516 750000
BANYAN CORP COM 066908104 983 55000 SH DEFINED 011619 55000
C R BARD INC COM 067383109 65 2392 SH DEFINED 0103 2392
BARNES & NOBLE COM 067774109 1250 40000 SH DEFINED 011619 40000
BARNES & NOBLE COM 067774109 9 300 SH DEFINED 0102 300
BARNES & NOBLE COM 067774109 3822 122300 SH DEFINED 0131 122300
BARNES & NOBLE COM 067774109 188 6000 SH DEFINED 0103 6000
BARNETT BKS INC COM 068055102 172 4492 SH DEFINED 0103 4492
BASSETT FURN IND. COM 070203104 1638 57427 SH DEFINED 0102 9146 48281
BASSETT FURN IND. COM 070203104 19 666 SH DEFINED 0103 666
BAUSCH & LOMB COM 071707103 93 2758 SH DEFINED 0103 2758
BAXTER INTL INC COM 071813109 13817 489100 SH DEFINED 0113 489100
BAXTER INTL INC COM 071813109 360 12752 SH DEFINED 0103 12752
BAY APARTMENT COM 072012107 4025 200000 SH DEFINED 0107 200000
BAY APARTMENT COM 072012107 2013 100000 SH DEFINED 011618 100000
BAY NETWORKS INC COM 072510100 13275 450000 SH DEFINED 011516 450000
BAY NETWORKS INC COM 072510100 1918 65000 SH DEFINED 011620 65000
BEACON OFFICE PROP COM 073678104 3800 200000 SH DEFINED 0107 200000
BECKMAN INSTRUMENTS COM 075816108 5575 200000 SH DEFINED 0108 200000
BECKMAN INSTRUMENTS COM 075816108 3484 125000 SH DEFINED 0128 125000
BECKMAN INSTRUMENTS COM 075816108 5910 212000 SH DEFINED 0131 212000
BECKMAN INSTRUMENTS COM 075816108 251 9000 SH DEFINED 0103 9000
BECTON DICKINSON COM 075887109 161 3351 SH DEFINED 0103 3351
BED BATH & BEYOND IN COM 075896100 4800 160000 SH DEFINED 0106 160000
BED BATH & BEYOND IN COM 075896100 7800 260000 SH DEFINED 011614 260000
BED BATH & BEYOND IN COM 075896100 7099 236600 SH DEFINED 0102 236600
BED BATH & BEYOND IN COM 075896100 2136 71200 SH DEFINED 0131 71200
BED BATH & BEYOND IN COM 075896100 240 8000 SH DEFINED 0103 8000
BELL ATLANTIC COM 077853109 1000 20110 SH DEFINED 0103 20110
BELL ATLANTIC NZ144A PREFERRED STOCK 07786G208 1006 10000 SH DEFINED 01 10000
BELL SOUTH COM 079860102 10825 200000 SH DEFINED 0132 200000
BELL SOUTH COM 079860102 1467 27100 SH DEFINED 0125 27100
BELL SOUTH COM 079860102 206 3800 SH DEFINED 0102 3800
BELL SOUTH COM 079860102 1860 34382 SH DEFINED 0103 34382
<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
A.H BELO SER A COM 080555105 6215 110000 SH DEFINED 0126 110000
A.H BELO SER A COM 080555105 22144 391900 SH DEFINED 0102 391900
A.H BELO SER A COM 080555105 418 7400 SH DEFINED 0103 7400
BEMIS CO. COM 081437105 57 2362 SH DEFINED 0103 2362
BENEFICIAL CORP COM 081721102 110 2810 SH DEFINED 0103 2810
BERG ELECTRONICS HLD COM 083726109 3467 770400 SH DEFINED 0109 770400
BEST BUY CO COM 086516101 9375 300000 SH DEFINED 0126 300000
BEST BUY CO COM 086516101 3438 110000 SH DEFINED 0106 110000
BEST BUY CO COM 086516101 6250 200000 SH DEFINED 0111 200000
BEST BUY CO COM 086516101 9375 300000 SH DEFINED 0124 300000
BEST BUY CO COM 086516101 1100 35200 SH DEFINED 011622 35200
BEST BUY CO COM 086516101 2450 78400 SH DEFINED 011623 78400
BEST BUY CO COM 086516101 1250 40000 SH DEFINED 011619 40000
BEST BUY CO COM 086516101 1875 60000 SH DEFINED 011620 60000
BEST BUY CO COM 086516101 5078 162500 SH DEFINED 011614 162500
BEST BUY CO COM 086516101 3544 113350 SH DEFINED 0102 43000 70350
BEST BUY CO COM 086516101 7678 245700 SH DEFINED 0131 245700
BEST BUY CO COM 086516101 375 12000 SH DEFINED 0103 12000
BETHLEHEM STEEL COM 087509105 88 4912 SH DEFINED 0103 4912
BETHLEHEM STEEL COM 087509105 90 5000 SH DEFINED 01 5000
BETH STEEL $50 144A CONV PFD STOCK 087509501 10200 200000 SH DEFINED 011516 200000
BEVERLY ENTERPRISES COM 087851101 2813 195700 SH DEFINED 0106 195700
BEVERLY ENTERPRISES COM 087851101 10063 700000 SH DEFINED 011516 700000
BEVERLY ENTERPRISES COM 087851101 4313 300000 SH DEFINED 011618 300000
BEVERLY ENTERPRISES COM 087851101 3952 274900 SH DEFINED 011614 274900
BEVERLY ENTERPRISES COM 087851101 7 500 SH DEFINED 0102 500
BEVERLY ENTERPRISES COM 087851101 1610 112000 SH DEFINED 0131 112000
BEVERLY ENTERPRISES COM 087851101 163 11328 SH DEFINED 0103 7500 3828
BIOGEN INC COM 090597105 12525 300000 SH DEFINED 011516 300000
BIOMET COM 090613100 74 5317 SH DEFINED 0103 5317
BIRMINGHAM STEEL COR COM 091250100 11982 599100 SH DEFINED 0111 599100
BIRMINGHAM STEEL COR COM 091250100 2016 100800 SH DEFINED 011622 100800
BIRMINGHAM STEEL COR COM 091250100 4454 222700 SH DEFINED 011623 222700
BIRMINGHAM STEEL COR COM 091250100 2200 110000 SH DEFINED 011620 110000
BIRMINGHAM STEEL COR COM 091250100 387 19381 SH DEFINED 0102 19381
BLACK & DECKER COM 091797100 9500 400000 SH DEFINED 0124 400000
BLACK & DECKER COM 091797100 1164 49000 SH DEFINED 0125 49000
BLACK & DECKER COM 091797100 9500 400000 SH DEFINED 011618 400000
BLACK & DECKER COM 091797100 1662 70005 SH DEFINED 0102 70005
BLACK & DECKER COM 091797100 588 24771 SH DEFINED 0103 24771
BLACK & DECKER COM 091797100 26 1100 SH DEFINED 01 1100
EW BLANCH COM 093210102 8250 400000 SH DEFINED 0124 400000
BLOCK H&R INC COM 093671105 25988 700000 SH DEFINED 0130 700000
BLOCK H&R INC COM 093671105 16706 450000 SH DEFINED 0126 450000
BLOCK H&R INC COM 093671105 26544 715000 SH DEFINED 011516 715000
BLOCK H&R INC COM 093671105 212 5712 SH DEFINED 0103 5712
BLOUNT INC -CL A COM 095173308 2325 50000 SH DEFINED 011619 50000
BLYTH INDUSTRIES COM 09643P108 1145 40000 SH DEFINED 011619 40000
BOATMEN'S BANCSHARES COM 096650106 130 4802 SH DEFINED 0103 4802
BOEING COM 097023105 14025 300000 SH DEFINED 011516 300000
<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
BOEING COM 097023105 9353 200025 SH DEFINED 0102 77500 122525
BOEING COM 097023105 1613 34502 SH DEFINED 0103 18800 15702
BOEING COM 097023105 2104 45000 SH DEFINED 01 45000
BOISE CASCADE COM 097383103 40 1500 SH DEFINED 0102 1500
BOISE CASCADE COM 097383103 47 1752 SH DEFINED 0103 1752
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 3343 140000 SH DEFINED 0132 140000
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 7163 300000 SH DEFINED 0107 300000
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 36314 1521000 SH DEFINED 01 1521000
BOOKS-A-MILLION INC COM 098570104 675 40000 SH DEFINED 011619 40000
BOSTON CHICKEN COM 100578103 3562 205000 SH DEFINED 0106 205000
BOSTON CHICKEN COM 100578103 5734 330000 SH DEFINED 011614 330000
BOSTON CHICKEN COM 100578103 2440 140400 SH DEFINED 0102 140400
BOSTON CHICKEN COM 100578103 45 2600 SH DEFINED 0103 2600
LAUREL FUND COM 100583509 3158 216313 SH DEFINED 01 216313
BOSTON SCIENTIFIC COM 101137107 17210 990500 SH DEFINED 0111 990500
BOSTON SCIENTIFIC COM 101137107 6950 400000 SH DEFINED 011516 400000
BOSTON SCIENTIFIC COM 101137107 649 37319 SH DEFINED 0102 37319
BOWATER $23.50 CONV PFD STOCK 102183407 4253 172700 SH DEFINED 011516 172700
BOWLINE CORP COM 102596103 0 2 SH DEFINED 0102 2
BRADLEY REAL ESTATE COM 104580105 3203 210000 SH DEFINED 0107 210000
C BREWER HOMES COM 107575102 1260 140000 SH DEFINED 0124 140000
BRIGGS & STRATTON COM 109043109 44 1334 SH DEFINED 0103 1334
BRINKER INT'L INC COM 109641100 11781 650000 SH DEFINED 0126 650000
BRINKER INT'L INC COM 109641100 7975 440000 SH DEFINED 0106 440000
BRINKER INT'L INC COM 109641100 1900 104800 SH DEFINED 011622 104800
BRINKER INT'L INC COM 109641100 4196 231500 SH DEFINED 011623 231500
BRINKER INT'L INC COM 109641100 11781 650000 SH DEFINED 011614 650000
BRINKER INT'L INC COM 109641100 11211 618475 SH DEFINED 0102 618475
BRINKER INT'L INC COM 109641100 3549 195800 SH DEFINED 0131 195800
BRINKER INT'L INC COM 109641100 373 20575 SH DEFINED 0103 20575
BRISTOL MYERS SQUIBB COM 110122108 14469 250000 SH DEFINED 0130 250000
BRISTOL MYERS SQUIBB COM 110122108 23150 400000 SH DEFINED 0113 400000
BRISTOL MYERS SQUIBB COM 110122108 14469 250000 SH DEFINED 0124 250000
BRISTOL MYERS SQUIBB COM 110122108 7813 135000 SH DEFINED 0107 135000
BRISTOL MYERS SQUIBB COM 110122108 13601 235000 SH DEFINED 011516 235000
BRISTOL MYERS SQUIBB COM 110122108 1364 23573 SH DEFINED 0103 23573
BRITISH AWYS PLC ADR COM 110419306 21518 380000 SH DEFINED 0126 380000
BRITISH AWYS PLC ADR COM 110419306 2333 41200 SH DEFINED 011622 41200
BRITISH AWYS PLC ADR COM 110419306 5198 91800 SH DEFINED 011623 91800
BRITISH GAS PLC ADR COM 110901402 9750 200000 SH DEFINED 011618 200000
BRITISH SKY COM 111013108 1471 61300 SH DEFINED 0132 61300
BRITISH SKY COM 111013108 5554 231400 SH DEFINED 0124 231400
BROADBAND TECH COM 111309100 915 30000 SH DEFINED 011619 30000
BROADWAY & SEYMOUR I COM 111433108 4992 229500 SH DEFINED 0106 229500
BROADWAY & SEYMOUR I COM 111433108 4133 190000 SH DEFINED 011619 190000
BROADWAY STORES INC. COM 111572103 14750 2000000 SH DEFINED 0124 2000000
BROADWAY STORES INC. COM 111572103 4425 600000 SH DEFINED 0131 600000
BROADWAY STORES INC. COM 111572103 201 27200 SH DEFINED 0103 27200
BROCK CONTROL COM 111626107 402 60000 SH DEFINED 011619 60000
BROCK CONTROL COM 111626107 2263 337650 SH DEFINED 01 337650
<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
BRODER BUND SOFTWARE COM 112014105 4839 103500 SH DEFINED 0106 103500
BRODER BUND SOFTWARE COM 112014105 6849 146500 SH DEFINED 011614 146500
BROOKLYN BANCORP COM 113809107 2874 95000 SH DEFINED 0128 95000
BROOKLYN UNION GAS COM 114259104 6119 275000 SH DEFINED 0132 275000
BROWN FORMAN CL B COM 115637209 97 3182 SH DEFINED 0103 3182
BROWN GROUP INC COM 115657108 26 813 SH DEFINED 0103 813
BROWNING FERRIS IND COM 115885105 8938 315000 SH DEFINED 011516 315000
BROWNING FERRIS IND COM 115885105 74 2600 SH DEFINED 0102 2600
BROWNING FERRIS IND COM 115885105 252 8897 SH DEFINED 0103 8897
BRUNO'S INC COM 116881103 30 3600 SH DEFINED 0103 3600
BRUNSWICK CORP COM 117043109 83 4400 SH DEFINED 0103 4400
BUFETE ADS COM 11942H100 5900 200000 SH DEFINED 0135 200000
BAESA COM 119424208 6450 200000 SH DEFINED 0135 200000
BURLINGTON INDUSTRY COM 121693105 4444 450000 SH DEFINED 011618 450000
BURLINGTON NO INC COM 121897102 198 4104 SH DEFINED 0103 4104
BURLINGTON RESOURCES COM 122014103 209 5982 SH DEFINED 0103 5982
BUSH BOOKE ALLEN COM 123162109 6750 250000 SH DEFINED 0124 250000
CBS INC COM 124845108 23534 425000 SH DEFINED 011516 425000
CBS INC COM 124845108 16613 300000 SH DEFINED 011618 300000
CBS INC COM 124845108 205 3710 SH DEFINED 0103 3710
CBS CVT PREF SER B PREFERRED STOCK 1248452*8 9656 50000 SH DEFINED 01 50000
CIGNA CORP COM 125509109 208 3294 SH DEFINED 0103 3294
CKE RESTAURANTS INC. COM 12561E105 1689 245678 SH DEFINED 0103 245678
CPC INTL COM 126149103 368 6908 SH DEFINED 0103 6908
CSR LTD ADR COM 126396308 326 24340 SH DEFINED 01 24340
CSX CORP COM 126408103 29591 425000 SH DEFINED 0130 425000
CSX CORP COM 126408103 9399 135000 SH DEFINED 0108 135000
CSX CORP COM 126408103 69625 1000000 SH DEFINED 0126 1000000
CSX CORP COM 126408103 31331 450000 SH DEFINED 0124 450000
CSX CORP COM 126408103 2110 30300 SH DEFINED 0125 30300
CSX CORP COM 126408103 5083 73000 SH DEFINED 011622 73000
CSX CORP COM 126408103 11140 160000 SH DEFINED 011623 160000
CSX CORP COM 126408103 20888 300000 SH DEFINED 011618 300000
CSX CORP COM 126408103 2089 30000 SH DEFINED 011620 30000
CSX CORP COM 126408103 139010 1996614 SH DEFINED 0102 692575 1304039
CSX CORP COM 126408103 3449 49528 SH DEFINED 0103 31800 17728
CSX CORP COM 126408103 15595 223980 SH DEFINED 01 223980
CUC INT'L INC COM 126545102 20100 600000 SH DEFINED 0126 600000
CUC INT'L INC COM 126545102 4355 130000 SH DEFINED 0106 130000
CUC INT'L INC COM 126545102 19095 570000 SH DEFINED 011618 570000
CUC INT'L INC COM 126545102 8543 255000 SH DEFINED 011614 255000
CUC INT'L INC COM 126545102 11527 344100 SH DEFINED 0102 344100
CUC INT'L INC COM 126545102 2767 82600 SH DEFINED 0131 82600
CUC INT'L INC COM 126545102 349 10400 SH DEFINED 0103 10400
CABLE & WIRELESS PLC COM 126830207 3500 200000 SH DEFINED 011618 200000
CABLE & WIRELESS PLC COM 126830207 105 6000 SH DEFINED 0102 6000
CABLETRON SYSTEMS COM 126920107 30225 650000 SH DEFINED 0126 650000
CABLETRON SYSTEMS COM 126920107 7226 155400 SH DEFINED 0106 155400
CABLETRON SYSTEMS COM 126920107 1023 22000 SH DEFINED 011619 22000
CABLETRON SYSTEMS COM 126920107 12323 265000 SH DEFINED 011614 265000
<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
CABLETRON SYSTEMS COM 126920107 19768 425100 SH DEFINED 0102 425100
CABLETRON SYSTEMS COM 126920107 312 6700 SH DEFINED 0103 6700
CALGON CARBON COM 129603106 1184 114100 SH DEFINED 0106 114100
CALGON CARBON COM 129603106 5188 500000 SH DEFINED 0135 500000
CALGON CARBON COM 129603106 1769 170500 SH DEFINED 011614 170500
CALI REALTY CORP COM 129909107 4800 300000 SH DEFINED 0107 300000
CALIF MICROWAVE INC COM 130442106 1278 35000 SH DEFINED 011619 35000
CALLAWAY GOLF CO COM 131193104 1656 50000 SH DEFINED 0106 50000
CALLAWAY GOLF CO COM 131193104 2484 75000 SH DEFINED 011614 75000
CAMCO COM 132632100 4719 250000 SH DEFINED 0124 250000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 2010 2000000 PRN DEFINED 0104 2000000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 2010 2000000 PRN DEFINED 011618 2000000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 1005 1000000 PRN DEFINED 0131 1000000
CAMPBELL SOUP COM 134429109 510 11569 SH DEFINED 0103 11569
CANANDAIGUA WINE -C COM 137219200 1140 30000 SH DEFINED 011619 30000
CANON SALES INC COM 138010996 6062 200000 SH DEFINED 0135 200000
CAPEX GDR COM 139612105 2250 150000 SH DEFINED 0132 150000
CAPEX GDR COM 139612105 5400 360000 SH DEFINED 0135 360000
CAPITAL CITIES/ABC COM 139859102 603 7073 SH DEFINED 0103 7073
CAPITAL GAMING PNOTE WARRANT 140180XY1 10 20000 SH DEFINED 0104 20000
CAPITAL GAMING PNOTE WARRANT 140180XY1 41 82500 SH DEFINED 0109 82500
CAPITAL GAMING WTS WARRANT 1401809Y8 4 5000 SH DEFINED 0104 5000
CAPITAL GAMING WTS WARRANT 1401809Y8 9 12500 SH DEFINED 0109 12500
CARDINAL DISTRIBUTIO COM 14149Y108 9797 211250 SH DEFINED 0106 211250
CARDINAL DISTRIBUTIO COM 14149Y108 2416 52100 SH DEFINED 011622 52100
CARDINAL DISTRIBUTIO COM 14149Y108 5338 115100 SH DEFINED 011623 115100
CARDINAL DISTRIBUTIO COM 14149Y108 41738 900000 SH DEFINED 011516 900000
CARDINAL DISTRIBUTIO COM 14149Y108 2087 45000 SH DEFINED 011619 45000
CARDINAL DISTRIBUTIO COM 14149Y108 14608 315000 SH DEFINED 011614 315000
CARDINAL DISTRIBUTIO COM 14149Y108 74 1600 SH DEFINED 0102 1600
CARDINAL DISTRIBUTIO COM 14149Y108 9924 214000 SH DEFINED 0131 214000
CARDINAL DISTRIBUTIO COM 14149Y108 496 10700 SH DEFINED 0103 10700
CAREER HORIZON COM 141672105 6906 425000 SH DEFINED 011516 425000
CAREMARK INT'L INC COM 141704106 7689 449000 SH DEFINED 011516 449000
CARNIVAL CORP COM 143658102 455 21442 SH DEFINED 0102 21442
CAROLINA FIRST $25 CONV PFD STOCK 143877306 1172 44000 SH DEFINED 0107 44000
CAROLINA POWER & LT COM 144141108 197 7413 SH DEFINED 0103 7413
BROADWAY STORES CONV BOND 146227AM5 7293 9350000 PRN DEFINED 0107 9350000
BROADWAY STORES CONV BOND 146227AM5 2847 3650000 PRN DEFINED 011618 3650000
BROADWAY STORES CONV BOND 146227AM5 780 1000000 PRN DEFINED 0131 1000000
CASEY'S GENERAL STOR COM 147528103 3000 200000 SH DEFINED 0128 200000
CATALINA MKTG COM 148867104 3760 67600 SH DEFINED 0106 67600
CATALINA MKTG COM 148867104 5307 95400 SH DEFINED 011614 95400
CATALINA MKTG COM 148867104 11140 200300 SH DEFINED 0102 200300
CATALINA MKTG COM 148867104 206 3700 SH DEFINED 0103 3700
CATERPILLAR INC COM 149123101 12403 225000 SH DEFINED 0130 225000
CATERPILLAR INC COM 149123101 4134 75000 SH DEFINED 0108 75000
CATERPILLAR INC COM 149123101 88200 1600000 SH DEFINED 0126 1600000
CATERPILLAR INC COM 149123101 16538 300000 SH DEFINED 0111 300000
CATERPILLAR INC COM 149123101 11025 200000 SH DEFINED 0124 200000
<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
CATERPILLAR INC COM 149123101 2315 42000 SH DEFINED 011622 42000
CATERPILLAR INC COM 149123101 5237 95000 SH DEFINED 011623 95000
CATERPILLAR INC COM 149123101 11025 200000 SH DEFINED 011618 200000
CATERPILLAR INC COM 149123101 1929 35000 SH DEFINED 011620 35000
CATERPILLAR INC COM 149123101 35967 652471 SH DEFINED 0102 264600 387871
CATERPILLAR INC COM 149123101 1042 18894 SH DEFINED 0103 9500 9394
CATERPILLAR INC COM 149123101 3528 64000 SH DEFINED 01 64000
CELESTIAL SEASONINGS COM 151016102 585 40000 SH DEFINED 0106 40000
CELESTIAL SEASONINGS COM 151016102 2048 140000 SH DEFINED 011614 140000
CEMEX 144A CONV BOND 151290AK9 15900 20000000 PRN DEFINED 0130 20000000
CEMEX 144A CONV BOND 151290AK9 7950 10000000 PRN DEFINED 0124 10000000
CEMEX 144A CONV BOND 151290AK9 6360 8000000 PRN DEFINED 0107 8000000
CEMEX 144A CONV BOND 151290AK9 11925 15000000 PRN DEFINED 011516 15000000
CEMEX 144A CONV BOND 151290AK9 7950 10000000 PRN DEFINED 011618 10000000
CEMEX ADR B COM 151290202 4143 394550 SH DEFINED 0112 394550
CEMEX ADR B COM 151290202 8400 800000 SH DEFINED 011618 800000
CEMEX ADR B COM 151290202 6874 654675 SH DEFINED 011617 654675
CEMEX ADR B COM 151290202 21 2025 SH DEFINED 0102 2025
CEMEX ADR B COM 151290202 1650 157175 SH DEFINED 0131 157175
CEMEX ADR B COM 151290202 349 33250 SH DEFINED 01 33250
CEMEX 144A ADS CPO COM 151290301 863 75000 SH DEFINED 011617 75000
CENTEX CORPORATION COM 152312104 34 1485 SH DEFINED 0103 1485
CENTOCOR INC COM 152342101 3494 215000 SH DEFINED 0106 215000
CENTOCOR INC COM 152342101 8531 525000 SH DEFINED 011516 525000
CENTOCOR INC COM 152342101 731 45000 SH DEFINED 011619 45000
CENTOCOR INC COM 152342101 5038 310000 SH DEFINED 011614 310000
CENTRAL & S W COM 152357109 197 8711 SH DEFINED 0103 8711
CENTRAL LA ELECTRIC COM 153897608 6143 260000 SH DEFINED 0132 260000
CENTRAL PUERTO ADS COM 155038102 13000 500000 SH DEFINED 0130 500000
CENTRAL PUERTO ADS COM 155038102 1560 60000 SH DEFINED 011620 60000
CENTRAL TRACOR FARMS COM 155560105 725 50000 SH DEFINED 011619 50000
CENTRAL VT PUB SRV COM 155771108 1878 139126 SH DEFINED 0103 139126
CENTURY TELEPHONE EN COM 156686107 14750 500000 SH DEFINED 0111 500000
CENTURY TELEPHONE EN COM 156686107 7375 250000 SH DEFINED 011618 250000
CENTURY TEXTILE 144 COM 156690109 6601 39410 SH DEFINED 0124 39410
CEPHALON INC COM 156708109 536 65000 SH DEFINED 0106 65000
CEPHALON INC COM 156708109 825 100000 SH DEFINED 011614 100000
CERIDIAN CORP COM 15677T106 10750 400000 SH DEFINED 011516 400000
CERIDIAN CORP COM 15677T106 1075 40000 SH DEFINED 011619 40000
CERIDIAN CORP COM 15677T106 5 200 SH DEFINED 0102 200
CERIDIAN CORP COM 15677T106 1970 73300 SH DEFINED 0131 73300
CERIDIAN CORP COM 15677T106 149 5541 SH DEFINED 0103 3500 2041
CERIDIAN CORP COM 15677T106 5805 216000 SH DEFINED 01 216000
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 17325 275000 SH DEFINED 0130 275000
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 15026 238500 SH DEFINED 011516 238500
CERNER CORP COM 156782104 4192 95000 SH DEFINED 0106 95000
CERNER CORP COM 156782104 6178 140000 SH DEFINED 011614 140000
CHAMPION INTL COM 158525105 155 4250 SH DEFINED 0103 4250
CHARMING SHOPPES COM 161133103 31 4737 SH DEFINED 0103 4737
CHARTER MEDICAL CORP COM 161241708 5375 250000 SH DEFINED 011516 250000
<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
CHASE MANHATTAN CORP COM 161610100 21 600 SH DEFINED 0125 600
CHASE MANHATTAN CORP COM 161610100 3 100 SH DEFINED 0102 100
CHASE MANHATTAN CORP COM 161610100 300 8712 SH DEFINED 0103 8712
CHEMICAL BKG CORP COM 163722101 418 11641 SH DEFINED 0103 11641
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 1 27492 SH DEFINED 0109 27492
CHERRY COM 164541203 943 65000 SH DEFINED 011619 65000
CHESAPEAKE ENRGY WTS WARRANT 165167115 1486 51250 SH DEFINED 0109 51250
CHEVRON CORP COM 166751107 710 15900 SH DEFINED 0125 15900
CHEVRON CORP COM 166751107 98 2200 SH DEFINED 0102 2200
CHEVRON CORP COM 166751107 1644 36852 SH DEFINED 0103 36852
CHILDRENS DISCOVERY COM 168757201 2275 200000 SH DEFINED 011516 200000
CHIRON COM 170040109 2411 30000 SH DEFINED 0106 30000
CHIRON COM 170040109 3617 45000 SH DEFINED 011614 45000
CHIRON COM 170040109 3681 45800 SH DEFINED 0102 45800
CHIRON COM 170040109 2508 31200 SH DEFINED 0131 31200
CHIRON COM 170040109 72 900 SH DEFINED 0103 900
CHRYSLER COM 171196108 22050 450000 SH DEFINED 0130 450000
CHRYSLER COM 171196108 11760 240000 SH DEFINED 0126 240000
CHRYSLER COM 171196108 1289 26300 SH DEFINED 0125 26300
CHRYSLER COM 171196108 43072 878902 SH DEFINED 0102 273100 605802
CHRYSLER COM 171196108 12250 250000 SH DEFINED 0131 250000
CHRYSLER COM 171196108 2251 45929 SH DEFINED 0103 8900 37029
CHRYSLER COM 171196108 3524 71900 SH DEFINED 01 71900
CHUBB CORP COM 171232101 312 4035 SH DEFINED 0103 4035
CIBER COM 17163B102 3750 375000 SH DEFINED 011516 375000
CIBA GEIGY/ALZA 144A CONV BOND 17163HAA7 3480 4000000 PRN DEFINED 0131 4000000
CIMA LABS INC COM 171796105 2563 250000 SH DEFINED 011516 250000
CINCINNATI MILACRON COM 172172108 1418 60000 SH DEFINED 011620 60000
CINCINNATI MILACRON COM 172172108 37 1550 SH DEFINED 0103 1550
CINERGI COM 172470106 1300 200000 SH DEFINED 0106 200000
CINERGY CORP COM 172474108 9350 400000 SH DEFINED 0132 400000
CINERGY CORP COM 172474108 4675 200000 SH DEFINED 011618 200000
CINERGY CORP COM 172474108 63 2701 SH DEFINED 0103 2701
CIRCUIT CITY COM 172737108 99 4457 SH DEFINED 0103 4457
CISCO SYSTEMS COM 17275R102 12294 350000 SH DEFINED 0130 350000
CISCO SYSTEMS COM 17275R102 6147 175000 SH DEFINED 0108 175000
CISCO SYSTEMS COM 17275R102 94838 2700000 SH DEFINED 0126 2700000
CISCO SYSTEMS COM 17275R102 11943 340000 SH DEFINED 0106 340000
CISCO SYSTEMS COM 17275R102 14050 400000 SH DEFINED 0111 400000
CISCO SYSTEMS COM 17275R102 56200 1600000 SH DEFINED 0124 1600000
CISCO SYSTEMS COM 17275R102 1138 32400 SH DEFINED 0125 32400
CISCO SYSTEMS COM 17275R102 5690 162000 SH DEFINED 011622 162000
CISCO SYSTEMS COM 17275R102 12926 368000 SH DEFINED 011623 368000
CISCO SYSTEMS COM 17275R102 10538 300000 SH DEFINED 011516 300000
CISCO SYSTEMS COM 17275R102 4742 135000 SH DEFINED 011619 135000
CISCO SYSTEMS COM 17275R102 2108 60000 SH DEFINED 011620 60000
CISCO SYSTEMS COM 17275R102 17036 485000 SH DEFINED 011614 485000
CISCO SYSTEMS COM 17275R102 163226 4647030 SH DEFINED 0102 1292320 3354710
<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
CISCO SYSTEMS COM 17275R102 15926 453400 SH DEFINED 0131 453400
CISCO SYSTEMS COM 17275R102 3972 113056 SH DEFINED 0103 87450 25606
CISCO SYSTEMS COM 17275R102 9789 278700 SH DEFINED 01 278700
CIRRUS LOGIC COM 172755100 1575 70000 SH DEFINED 011620 70000
CITICASTERS INC -CL COM 172936106 0 6 SH DEFINED 0102 6
CITICORP COM 173034109 124125 3000000 SH DEFINED 0126 3000000
CITICORP COM 173034109 257 6200 SH DEFINED 0125 6200
CITICORP COM 173034109 78 1900 SH DEFINED 0102 1900
CITICORP COM 173034109 845 20423 SH DEFINED 0103 20423
CITICORP PERC CVT CONV PFD STOCK 173034430 2831 148000 SH DEFINED 0104 148000
CITICORP PERC CVT CONV PFD STOCK 173034430 11475 600000 SH DEFINED 011618 600000
CLARCOR INC COM 179895107 4934 232200 SH DEFINED 0128 232200
CLARK EQUIPMENT COM 181396102 44 803 SH DEFINED 0103 803
CLAYTON HOMES INC COM 184190106 11813 750000 SH DEFINED 0108 750000
CLAYTON HOMES INC COM 184190106 11813 750000 SH DEFINED 0111 750000
CLAYTON HOMES INC COM 184190106 11813 750000 SH DEFINED 011618 750000
CLAYTON HOMES INC COM 184190106 48480 3077940 SH DEFINED 0102 1224150 1853790
CLAYTON HOMES INC COM 184190106 643 40800 SH DEFINED 0103 40800
CLEAR CHANNEL COMMUN COM 184502102 3090 60900 SH DEFINED 0102 60900
CLEAR CHANNEL COMMUN COM 184502102 61 1200 SH DEFINED 0103 1200
CLEVELAND-CLIFFS IRN COM 185896107 4625 125000 SH DEFINED 0128 125000
CLEVELAND-CLIFFS IRN COM 185896107 5550 150000 SH DEFINED 0131 150000
CLEVELAND-CLIFFS IRN COM 185896107 222 6000 SH DEFINED 0103 6000
CLOROX CO. COM 189054109 147 2498 SH DEFINED 0103 2498
COASTAL CORP COM 190441105 2575 100000 SH DEFINED 0132 100000
COASTAL CORP COM 190441105 123 4780 SH DEFINED 0103 4780
COASTAL HEALTHCARE COM 190465104 7118 260000 SH DEFINED 0126 260000
COASTAL HEALTHCARE COM 190465104 5363 195900 SH DEFINED 0106 195900
COASTAL HEALTHCARE COM 190465104 7670 280200 SH DEFINED 011614 280200
COASTAL HEALTHCARE COM 190465104 8867 323900 SH DEFINED 0102 323900
COASTAL HEALTHCARE COM 190465104 170 6200 SH DEFINED 0103 6200
COCA-COLA COM 191216100 56650 1100000 SH DEFINED 0126 1100000
COCA-COLA COM 191216100 30900 600000 SH DEFINED 0111 600000
COCA-COLA COM 191216100 1581 30700 SH DEFINED 0125 30700
COCA-COLA COM 191216100 3893 75600 SH DEFINED 011622 75600
COCA-COLA COM 191216100 8631 167600 SH DEFINED 011623 167600
COCA-COLA COM 191216100 20600 400000 SH DEFINED 011618 400000
COCA-COLA COM 191216100 21948 426175 SH DEFINED 0102 183900 242275
COCA-COLA COM 191216100 4288 83245 SH DEFINED 0103 10500 72745
COCA-COLA COM 191216100 3683 71500 SH DEFINED 01 71500
FEMSA COKE COM 191241108 13913 565000 SH DEFINED 011516 565000
FEMSA COKE COM 191241108 1478 60000 SH DEFINED 011620 60000
COFLEXIP -SPON ADR COM 192384105 6394 275000 SH DEFINED 0135 275000
COLLECTIVE BANCORP I COM 193901105 3145 185000 SH DEFINED 0128 185000
COLGATE-PALMOLIVE COM 194162103 25350 400000 SH DEFINED 0124 400000
COLGATE-PALMOLIVE COM 194162103 409 6450 SH DEFINED 0102 6450
COLGATE-PALMOLIVE COM 194162103 431 6796 SH DEFINED 0103 6796
COLUMBIA GAS SYSTEM COM 197648108 55 2332 SH DEFINED 0103 2332
COLUMBIA HEALTHCARE COM 197677107 13688 375000 SH DEFINED 0130 375000
COLUMBIA HEALTHCARE COM 197677107 12775 350000 SH DEFINED 0126 350000
<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
COLUMBIA HEALTHCARE COM 197677107 1387 38000 SH DEFINED 0125 38000
COLUMBIA HEALTHCARE COM 197677107 1106 30300 SH DEFINED 011622 30300
COLUMBIA HEALTHCARE COM 197677107 2442 66900 SH DEFINED 011623 66900
COLUMBIA HEALTHCARE COM 197677107 22630 620000 SH DEFINED 011618 620000
COLUMBIA HEALTHCARE COM 197677107 2008 55000 SH DEFINED 011620 55000
COLUMBIA HEALTHCARE COM 197677107 19594 536856 SH DEFINED 0102 179400 357456
COLUMBIA HEALTHCARE COM 197677107 1696 46490 SH DEFINED 0103 14700 31790
COLUMBIA HEALTHCARE COM 197677107 14813 405800 SH DEFINED 01 405800
COLUMBUS REALTY COM 199567108 5504 297500 SH DEFINED 0107 297500
COMCAST CORP CONV BOND 200300AR2 12367 29800000 PRN DEFINED 011516 29800000
COMCAST CORPORATION COM 200300101 9225 600000 SH DEFINED 0111 600000
COMCAST CORPORATION COM 200300101 22294 1450000 SH DEFINED 011516 1450000
COMCAST CORPORATION COM 200300101 69 4500 SH DEFINED 0102 4500
COMCAST CORPORATION COM 200300101 2614 170000 SH DEFINED 0131 170000
COMCAST CORP CLA SPL COM 200300200 108 6900 SH DEFINED 0125 6900
COMCAST CORP CLA SPL COM 200300200 11766 750000 SH DEFINED 011618 750000
COMCAST CORP CLA SPL COM 200300200 52 3250 SH DEFINED 0102 3250
COMCAST CORP CLA SPL COM 200300200 1333 85000 SH DEFINED 0131 85000
COMCAST CORP CLA SPL COM 200300200 219 13995 SH DEFINED 0103 13995
COMDATA HOLDINGS COR COM 200321206 853 75000 SH DEFINED 011619 75000
COMMERCIAL METALS COM 201723103 2650 100000 SH DEFINED 0111 100000
COMMNET CELLULAR INC COM 202604104 2320 80000 SH DEFINED 0106 80000
COMMNET CELLULAR INC COM 202604104 3190 110000 SH DEFINED 011614 110000
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 8409 84092 SH DEFINED 0105 84092
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 5098 50975 SH DEFINED 01 50975
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 1231 12306 SH DEFINED 0116 12306
COMMONWEALTH EDISON PREFERRED STOCK 2027959A0 8962 87750 SH DEFINED 0105 87750
COMMONWEALTH EDISON PREFERRED STOCK 202990925 3815 36503 SH DEFINED 01 36503
COMMUNITY HEALTH SYS COM 203666102 2725 100000 SH DEFINED 0128 100000
COMMUNITY HEALTH SYS COM 203666102 3766 138194 SH DEFINED 01 138194
COMMUNITY PSYCH CNTR COM 204015101 17050 1550000 SH DEFINED 011516 1550000
COMMUNITY PSYCH CNTR COM 204015101 22 2015 SH DEFINED 0103 2015
CHILE TELEPHONE CO COM 204449201 4331 55000 SH DEFINED 0132 55000
CHILE TELEPHONE CO COM 204449201 6300 80000 SH DEFINED 0112 80000
CHILE TELEPHONE CO COM 204449201 9135 116000 SH DEFINED 011617 116000
CHILE TELEPHONE CO COM 204449201 2756 35000 SH DEFINED 0131 35000
CHILE TELEPHONE CO COM 204449201 30 385 SH DEFINED 01 385
COMP NAVIERA PEREZ COM 204484109 5880 750000 SH DEFINED 0135 750000
COMP NAVIERA PEREZ COM 204484109 3724 475000 SH DEFINED 0107 475000
COMPAQ COMPUTER CORP COM 204493100 8888 225000 SH DEFINED 0130 225000
COMPAQ COMPUTER CORP COM 204493100 71100 1800000 SH DEFINED 0126 1800000
COMPAQ COMPUTER CORP COM 204493100 23700 600000 SH DEFINED 0111 600000
COMPAQ COMPUTER CORP COM 204493100 995 25200 SH DEFINED 0125 25200
COMPAQ COMPUTER CORP COM 204493100 5925 150000 SH DEFINED 011622 150000
COMPAQ COMPUTER CORP COM 204493100 13628 345000 SH DEFINED 011623 345000
COMPAQ COMPUTER CORP COM 204493100 19750 500000 SH DEFINED 011516 500000
COMPAQ COMPUTER CORP COM 204493100 13035 330000 SH DEFINED 011618 330000
COMPAQ COMPUTER CORP COM 204493100 141109 3572322 SH DEFINED 0102 1177400 2394922
COMPAQ COMPUTER CORP COM 204493100 16266 411800 SH DEFINED 0131 411800
COMPAQ COMPUTER CORP COM 204493100 2719 68821 SH DEFINED 0103 46500 22321
<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
COMPAQ COMPUTER CORP COM 204493100 379 9600 SH DEFINED 01 9600
COMPUTER ASSOC COM 204912109 10913 225000 SH DEFINED 0130 225000
COMPUTER ASSOC COM 204912109 6063 125000 SH DEFINED 0108 125000
COMPUTER ASSOC COM 204912109 77600 1600000 SH DEFINED 0126 1600000
COMPUTER ASSOC COM 204912109 1310 27000 SH DEFINED 0125 27000
COMPUTER ASSOC COM 204912109 7275 150000 SH DEFINED 011622 150000
COMPUTER ASSOC COM 204912109 16199 334000 SH DEFINED 011623 334000
COMPUTER ASSOC COM 204912109 19400 400000 SH DEFINED 011618 400000
COMPUTER ASSOC COM 204912109 30697 632908 SH DEFINED 0102 176600 456308
COMPUTER ASSOC COM 204912109 1729 35644 SH DEFINED 0103 16600 19044
COMPUTER ASSOC COM 204912109 170 3500 SH DEFINED 01 3500
COMPUTER SCIENCES COM 205363104 5100 100000 SH DEFINED 0126 100000
COMPUTER SCIENCES COM 205363104 119 2327 SH DEFINED 0103 2327
COMPUWARE COM 205638109 5220 145000 SH DEFINED 0106 145000
COMPUWARE COM 205638109 1195 33200 SH DEFINED 011622 33200
COMPUWARE COM 205638109 2646 73500 SH DEFINED 011623 73500
COMPUWARE COM 205638109 9720 270000 SH DEFINED 011618 270000
COMPUWARE COM 205638109 1080 30000 SH DEFINED 011619 30000
COMPUWARE COM 205638109 7776 216000 SH DEFINED 011614 216000
COMPUWARE COM 205638109 9867 274100 SH DEFINED 0102 274100
COMPUWARE COM 205638109 4320 120000 SH DEFINED 0131 120000
COMPUWARE COM 205638109 450 12500 SH DEFINED 0103 12500
COMSAT CORP COM 20564D107 11734 630000 SH DEFINED 0113 630000
COMSAT CORP COM 20564D107 3539 190000 SH DEFINED 0128 190000
COMSAT CORP COM 20564D107 2794 150000 SH DEFINED 0132 150000
COMSAT CORP COM 20564D107 5588 300000 SH DEFINED 0107 300000
COMSAT CORP COM 20564D107 3725 200000 SH DEFINED 011618 200000
COMSAT CORP COM 20564D107 5960 320000 SH DEFINED 0131 320000
COMSAT CORP COM 20564D107 244 13100 SH DEFINED 0103 13100
CONAGRA COM 205887102 31250 1000000 SH DEFINED 0126 1000000
CONAGRA COM 205887102 263 8400 SH DEFINED 0125 8400
CONAGRA COM 205887102 38 1200 SH DEFINED 0102 1200
CONAGRA COM 205887102 470 15038 SH DEFINED 0103 15038
CONCORD HOLDING COM 206248106 8400 600000 SH DEFINED 011516 600000
CONCORDIA PAPER COM 206575102 1384 135000 SH DEFINED 0128 135000
CONNECTICUT ENERGY C COM 207567108 369 18900 SH DEFINED 0132 18900
CONNER PERIPHERALS CONV BOND 208108AB6 10406 15000000 PRN DEFINED 0130 15000000
CONNER PERIPHERALS CONV BOND 208108AB6 6938 10000000 PRN DEFINED 011618 10000000
CONNER PERIPHERALS CONV BOND 208108AC4 3525 5000000 PRN DEFINED 0104 5000000
CONNER PERIPHERALS CONV BOND 208108AC4 2115 3000000 PRN DEFINED 011621 3000000
CONNER PERIPHERALS CONV BOND 208108AC4 1410 2000000 PRN DEFINED 0131 2000000
CONRAIL INC. COM 208368100 8333 165000 SH DEFINED 0108 165000
CONRAIL INC. COM 208368100 1111 22000 SH DEFINED 0125 22000
CONRAIL INC. COM 208368100 10100 200000 SH DEFINED 011618 200000
CONRAIL INC. COM 208368100 62942 1246330 SH DEFINED 0102 459900 786430
CONRAIL INC. COM 208368100 660 13073 SH DEFINED 0103 13073
CONRAIL INC. COM 208368100 102 2000 SH DEFINED 01 2000
CONSO COM 20854R105 3825 300000 SH DEFINED 0107 300000
CONSO COM 20854R105 829 65000 SH DEFINED 011619 65000
CONSOLIDATED EDISON COM 209111103 278 10808 SH DEFINED 0103 10808
<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
CON FREIGHTWAYS COM 209237106 37 1646 SH DEFINED 0103 1646
CONSOLIDATED NAT GAS COM 209615103 152 4286 SH DEFINED 0103 4286
CONSORCIO G ADR DINA COM 210306106 1663 175000 SH DEFINED 011620 175000
CONSORCIO G ADR DINA COM 210306106 4401 463320 SH DEFINED 01 463320
CONTINENTAL CORP COM 211327101 48 2548 SH DEFINED 0103 2548
CONTINENTAL WASTE COM 21215T103 741 75000 SH DEFINED 011619 75000
CONVEX COMPUTER CORP CONV BOND 212578AA6 2470 4000000 PRN DEFINED 011621 4000000
CONVEX COMPUTER CORP CONV BOND 212578AA6 1235 2000000 PRN DEFINED 0131 2000000
COOPER INDUSTRIES COM 216669101 7337 215000 SH DEFINED 0107 215000
COOPER INDUSTRIES COM 216669101 182 5340 SH DEFINED 0103 5340
COOPER TIRE & RUBBER COM 216831107 91 3856 SH DEFINED 0103 3856
COORS ADOLPH COM 217016104 30 1764 SH DEFINED 0103 1764
COPART COM 217204106 5728 325000 SH DEFINED 011516 325000
CORAM HEALTHCARE COR COM 218103109 5363 325000 SH DEFINED 011516 325000
CORDIS CORP COM 218525103 2723 45000 SH DEFINED 0106 45000
CORDIS CORP COM 218525103 4235 70000 SH DEFINED 011614 70000
CORDIS CORP COM 218525103 11049 182600 SH DEFINED 0102 182600
CORDIS CORP COM 218525103 200 3300 SH DEFINED 0103 3300
CORESTATES FINANCIAL COM 218695104 15600 600000 SH DEFINED 0113 600000
CORESTATES FINANCIAL COM 218695104 172 6632 SH DEFINED 0103 6632
CORNING INC COM 219350105 63 2100 SH DEFINED 0102 2100
CORNING INC COM 219350105 288 9637 SH DEFINED 0103 9637
CORNING INC COM 219350105 747 25000 SH DEFINED 01 25000
CORRPRO CO COM 220317101 1513 100000 SH DEFINED 0106 100000
CORRPRO CO COM 220317101 1134 75000 SH DEFINED 011619 75000
CORRPRO CO COM 220317101 2118 140000 SH DEFINED 011614 140000
COSTCO WHOLESALE CO CONV BOND 221607AB0 12450 15000000 PRN DEFINED 0124 15000000
COUNTRYWIDE CREDIT COM 222372104 11375 875000 SH DEFINED 011516 875000
COVENTRY CORPORATION COM 222853103 3430 140000 SH DEFINED 0106 140000
COVENTRY CORPORATION COM 222853103 4900 200000 SH DEFINED 011614 200000
COVENTRY CORPORATION COM 222853103 15716 641500 SH DEFINED 0102 641500
COVENTRY CORPORATION COM 222853103 7098 289700 SH DEFINED 0131 289700
COVENTRY CORPORATION COM 222853103 553 22600 SH DEFINED 0103 22600
CRACKER BRL OLD CTRY COM 224100107 1079 58300 SH DEFINED 0106 58300
CRACKER BRL OLD CTRY COM 224100107 2251 121700 SH DEFINED 011614 121700
CRANE CO. COM 224399105 37 1377 SH DEFINED 0103 1377
CRAY RESEARCH INC COM 225224104 19 1198 SH DEFINED 0103 1198
CREDENCE SYSTEMS COR COM 225302108 2350 100000 SH DEFINED 0106 100000
CREDENCE SYSTEMS COR COM 225302108 1269 54000 SH DEFINED 011619 54000
CREDENCE SYSTEMS COR COM 225302108 823 35000 SH DEFINED 011620 35000
CREDENCE SYSTEMS COR COM 225302108 3408 145000 SH DEFINED 011614 145000
CREDENCE SYSTEMS COR COM 225302108 2503 106500 SH DEFINED 0102 106500
CREDENCE SYSTEMS COR COM 225302108 49 2100 SH DEFINED 0103 2100
CROMPTON & KNOWLES COM 227111101 8250 500000 SH DEFINED 0124 500000
CROMPTON & KNOWLES COM 227111101 660 40000 SH DEFINED 01 40000
CROP GROWERS COM 227297108 1050 70000 SH DEFINED 011619 70000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 818 1000000 PRN DEFINED 0104 1000000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 613 750000 PRN DEFINED 011621 750000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 818 1000000 PRN DEFINED 011620 1000000
CROSS TIMBERS OIL CO CONV BOND 227573AA0 409 500000 PRN DEFINED 0131 500000
<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
CROSS TIMBER COM 227573102 2111 140700 SH DEFINED 0128 140700
CROSS TIMBER COM 227573102 2325 155000 SH DEFINED 0124 155000
CROWN AMERICA COM 228186102 10263 760200 SH DEFINED 0113 760200
CROWN AMERICA COM 228186102 2700 200000 SH DEFINED 0132 200000
CROWN AMERICA COM 228186102 4725 350000 SH DEFINED 0107 350000
CROWN AMERICA COM 228186102 2660 197000 SH DEFINED 01 197000
CROWN CORK & SEAL COM 228255105 22650 600000 SH DEFINED 0130 600000
CROWN CORK & SEAL COM 228255105 12070 319740 SH DEFINED 0108 319740
CROWN CORK & SEAL COM 228255105 5285 140000 SH DEFINED 0126 140000
CROWN CORK & SEAL COM 228255105 15100 400000 SH DEFINED 0124 400000
CROWN CORK & SEAL COM 228255105 24538 650000 SH DEFINED 011516 650000
CROWN CORK & SEAL COM 228255105 18875 500000 SH DEFINED 011618 500000
CROWN CORK & SEAL COM 228255105 1246 33000 SH DEFINED 011619 33000
CROWN CORK & SEAL COM 228255105 10432 276200 SH DEFINED 0102 119120 157080
CROWN CORK & SEAL COM 228255105 1740 46100 SH DEFINED 0131 46100
CROWN CORK & SEAL COM 228255105 838 22196 SH DEFINED 0103 18100 4096
CROWN CORK & SEAL COM 228255105 1095 29000 SH DEFINED 01 29000
CROWN PKG WTS WARRANT 228443115 200 5000 SH DEFINED 0104 5000
CROWN PKG WTS WARRANT 228443115 400 10000 SH DEFINED 0109 10000
CUMMINS ENGINE COM 231021106 86 1909 SH DEFINED 0103 1909
CYPRESS SEMICONDCTR COM 232806109 1966 85000 SH DEFINED 0106 85000
CYPRESS SEMICONDCTR COM 232806109 2775 120000 SH DEFINED 011614 120000
CYPRESS SEMICONDCTR COM 232806109 990 42800 SH DEFINED 0102 42800
CYPRESS SEMICONDCTR COM 232806109 722 31200 SH DEFINED 0131 31200
CYPRESS SEMICONDCTR COM 232806109 56 2400 SH DEFINED 0103 2400
CYPRUS AMAX MINERALS COM 232809103 23513 900000 SH DEFINED 0130 900000
CYPRUS AMAX MINERALS COM 232809103 1698 65000 SH DEFINED 011620 65000
CYPRUS AMAX MINERALS COM 232809103 26619 1018890 SH DEFINED 0102 372350 646540
CYPRUS AMAX MINERALS COM 232809103 111 4256 SH DEFINED 0103 4256
CYPRUS AMAX MINERALS COM 232809103 5879 225000 SH DEFINED 01 225000
DF & R COM 23320P109 595 40000 SH DEFINED 0106 40000
DF & R COM 23320P109 1190 80000 SH DEFINED 011614 80000
DQE COM 23329J104 2963 100000 SH DEFINED 0132 100000
DPL INC COM 233293109 5125 250000 SH DEFINED 0132 250000
DPL INC COM 233293109 8323 405979 SH DEFINED 0103 405979
DSC COMMUNICATIONS COM 233311109 27265 760000 SH DEFINED 0126 760000
DSC COMMUNICATIONS COM 233311109 1794 50000 SH DEFINED 011622 50000
DSC COMMUNICATIONS COM 233311109 3964 110500 SH DEFINED 011623 110500
DSC COMMUNICATIONS COM 233311109 8969 250000 SH DEFINED 011516 250000
DSC COMMUNICATIONS COM 233311109 5381 150000 SH DEFINED 011618 150000
DSC COMMUNICATIONS COM 233311109 1794 50000 SH DEFINED 011619 50000
DSC COMMUNICATIONS COM 233311109 32 900 SH DEFINED 0102 900
DSC COMMUNICATIONS COM 233311109 10730 299100 SH DEFINED 0131 299100
DSC COMMUNICATIONS COM 233311109 702 19563 SH DEFINED 0103 14400 5163
DAIMLER-BENZ AG -SP COM 233829308 59 1200 SH DEFINED 0102 1200
DAMARK FNTL INC COM 235691102 2764 335000 SH DEFINED 011516 335000
DANA CORP COM 235811106 24544 1050000 SH DEFINED 0130 1050000
DANA CORP COM 235811106 9350 400000 SH DEFINED 0108 400000
DANA CORP COM 235811106 21038 900000 SH DEFINED 0113 900000
DANA CORP COM 235811106 106 4549 SH DEFINED 0103 4549
<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
DANKA BUSINESS SYS P COM 236277109 4866 225000 SH DEFINED 0106 225000
DANKA BUSINESS SYS P COM 236277109 21625 1000000 SH DEFINED 0111 1000000
DANKA BUSINESS SYS P COM 236277109 6488 300000 SH DEFINED 011516 300000
DANKA BUSINESS SYS P COM 236277109 7028 325000 SH DEFINED 011614 325000
DANKA BUSINESS SYS P COM 236277109 11543 533800 SH DEFINED 0102 533800
DANKA BUSINESS SYS P COM 236277109 5484 253600 SH DEFINED 0131 253600
DANKA BUSINESS SYS P COM 236277109 509 23500 SH DEFINED 0103 23500
DANKA BUSINESS SYS P COM 236277109 11267 521000 SH DEFINED 01 521000
DATA GENERAL COM 237688106 16 1596 SH DEFINED 0103 1596
DAYTON HUDSON CORP COM 239753106 8844 125000 SH DEFINED 0108 125000
DAYTON HUDSON CORP COM 239753106 10613 150000 SH DEFINED 0126 150000
DAYTON HUDSON CORP COM 239753106 2264 32000 SH DEFINED 0125 32000
DAYTON HUDSON CORP COM 239753106 15699 221900 SH DEFINED 011618 221900
DAYTON HUDSON CORP COM 239753106 130364 1842547 SH DEFINED 0102 599600 1242947
DAYTON HUDSON CORP COM 239753106 10613 150000 SH DEFINED 0131 150000
DAYTON HUDSON CORP COM 239753106 3856 54498 SH DEFINED 0103 31600 22898
DAYTON HUDSON CORP COM 239753106 13932 196900 SH DEFINED 01 196900
DEBEERS CONS MINES COM 240253302 2922 125000 SH DEFINED 0128 125000
DEBEERS CONS MINES COM 240253302 6124 262000 SH DEFINED 0131 262000
DEBEERS CONS MINES COM 240253302 234 10000 SH DEFINED 0103 10000
DEAN FOODS COM 242361103 4640 160000 SH DEFINED 0128 160000
DEAN FOODS COM 242361103 5104 176000 SH DEFINED 0131 176000
DEAN WITTER COM 24240V101 40650 1200000 SH DEFINED 0126 1200000
DEAN WITTER COM 24240V101 1155 34100 SH DEFINED 011622 34100
DEAN WITTER COM 24240V101 2571 75900 SH DEFINED 011623 75900
DEAN WITTER COM 24240V101 11179 330000 SH DEFINED 011618 330000
DEAN WITTER COM 24240V101 303 8898 SH DEFINED 0102 8898
DEAN WITTER COM 24240V101 311 9175 SH DEFINED 0103 9175
DEERE & COMPANY COM 244199105 11594 175000 SH DEFINED 0130 175000
DEERE & COMPANY COM 244199105 16563 250000 SH DEFINED 0111 250000
DEERE & COMPANY COM 244199105 1126 17000 SH DEFINED 011622 17000
DEERE & COMPANY COM 244199105 2518 38000 SH DEFINED 011623 38000
DEERE & COMPANY COM 244199105 26500 400000 SH DEFINED 011516 400000
DEERE & COMPANY COM 244199105 14575 220000 SH DEFINED 011618 220000
DEERE & COMPANY COM 244199105 56386 850995 SH DEFINED 0102 291600 559395
DEERE & COMPANY COM 244199105 1183 17857 SH DEFINED 0103 13900 3957
DEERE & COMPANY COM 244199105 10241 154576 SH DEFINED 01 154576
DELTA AIR LINES CONV BOND 247361YA0 9181 13000000 PRN DEFINED 0113 13000000
DELTA AIR LINES CONV BOND 247361YA0 2825 4000000 PRN DEFINED 0131 4000000
DELTA AIR LINES CONV BOND 247361YA0 565 800000 PRN DEFINED 0103 800000
DELTA AIR LINES COM 247361108 117 2319 SH DEFINED 0103 2319
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 8750 200000 SH DEFINED 0113 200000
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 2406 55000 SH DEFINED 0131 55000
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 114 2600 SH DEFINED 0103 2600
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 18003 411500 SH DEFINED 01 411500
DELUXE CORPORATION COM 248019101 101 3805 SH DEFINED 0103 3805
DEPARTMENT 56 COM 249509100 1391 35000 SH DEFINED 011619 35000
DESC SOCIEDAD INDUST COM 250309101 3544 150000 SH DEFINED 0108 150000
DESC SOCIEDAD INDUST COM 250309101 9450 400000 SH DEFINED 0124 400000
DETROIT EDISON COM 250847100 177 6781 SH DEFINED 0103 6781
<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
DEVELOPERS DIV RLTY CONV BOND 251591AA1 2388 2500000 PRN DEFINED 0104 2500000
DEVELOPERS DIV RLTY CONV BOND 251591AA1 1433 1500000 PRN DEFINED 011621 1500000
DEVELOPERS DIV RLTY CONV BOND 251591AA1 955 1000000 PRN DEFINED 0131 1000000
DEVELOPERS DIV COM 251591103 2344 75000 SH DEFINED 0107 75000
DEV BANK SINGAPORE COM 251594305 463 11250 SH DEFINED 0131 11250
DEVON ENERGY COM 251799102 4380 240000 SH DEFINED 0124 240000
DEVON ENERGY COM 251799102 4745 260000 SH DEFINED 011614 260000
DEVON ENERGY COM 251799102 10826 593300 SH DEFINED 0102 593300
DEVON ENERGY COM 251799102 204 11200 SH DEFINED 0103 11200
DEVRY INC. COM 251893103 1705 55000 SH DEFINED 0106 55000
DEVRY INC. COM 251893103 2924 94300 SH DEFINED 0102 94300
DEVRY INC. COM 251893103 56 1800 SH DEFINED 0103 1800
DIAL PAGE WARRANTS WARRANT 252460993 0 18902 SH DEFINED 0109 18902
DIAL CORP ARIZONA COM 252470109 90 4244 SH DEFINED 0103 4244
DIAMETRICS COM 252532106 341 65000 SH DEFINED 0106 65000
DIGITAL EQUIPMENT COM 253849103 211 6359 SH DEFINED 0103 6359
DIGITAL LINK COM 253856108 2284 85000 SH DEFINED 0106 85000
DIGITAL LINK COM 253856108 5375 200000 SH DEFINED 011516 200000
DIGITAL LINK COM 253856108 2553 95000 SH DEFINED 011614 95000
DIGITAL LINK COM 253856108 3306 123000 SH DEFINED 0102 123000
DIGITAL LINK COM 253856108 62 2300 SH DEFINED 0103 2300
DIMAC COM 253914303 1010 80000 SH DEFINED 011619 80000
DILLARD DEPT CLASS A COM 254063100 12038 450000 SH DEFINED 0124 450000
DILLARD DEPT CLASS A COM 254063100 139 5211 SH DEFINED 0103 5211
DISNEY WALT CO COM 254687106 23063 500000 SH DEFINED 0111 500000
DISNEY WALT CO COM 254687106 222 4854 SH DEFINED 0102 4854
DISNEY WALT CO COM 254687106 1142 24763 SH DEFINED 0103 24763
DISNEY WALT CO COM 254687106 692 15000 SH DEFINED 01 15000
DOMINION RES INC VA COM 257470104 277 7753 SH DEFINED 0103 7753
DONNELLEY (RR)&SONS COM 257867101 216 7325 SH DEFINED 0103 7325
DONN-KENNY COM 258006105 1950 130000 SH DEFINED 0106 130000
DONN-KENNY COM 258006105 9000 600000 SH DEFINED 011516 600000
DONN-KENNY COM 258006105 1200 80000 SH DEFINED 011619 80000
DONN-KENNY COM 258006105 5025 335000 SH DEFINED 011614 335000
DONN-KENNY COM 258006105 2256 150200 SH DEFINED 0102 150200
DONN-KENNY COM 258006105 42 2800 SH DEFINED 0103 2800
DOVER CORP COM 260003108 58110 1125619 SH DEFINED 0103 1125619
DOW CHEMICAL COM 260543103 26900 400000 SH DEFINED 0130 400000
DOW CHEMICAL COM 260543103 107600 1600000 SH DEFINED 0126 1600000
DOW CHEMICAL COM 260543103 25219 375000 SH DEFINED 0113 375000
DOW CHEMICAL COM 260543103 50438 750000 SH DEFINED 0124 750000
DOW CHEMICAL COM 260543103 3329 49500 SH DEFINED 0125 49500
DOW CHEMICAL COM 260543103 10424 155000 SH DEFINED 0107 155000
DOW CHEMICAL COM 260543103 5044 75000 SH DEFINED 011618 75000
DOW CHEMICAL COM 260543103 98518 1464915 SH DEFINED 0102 548525 916390
DOW CHEMICAL COM 260543103 13450 200000 SH DEFINED 0131 200000
DOW CHEMICAL COM 260543103 4764 70848 SH DEFINED 0103 28850 41998
DOW CHEMICAL COM 260543103 14634 217600 SH DEFINED 01 217600
DOW JONES & CO COM 260561105 143 4602 SH DEFINED 0103 4602
DRESSER INDUSTRIES COM 261597108 153 8085 SH DEFINED 0103 8085
<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
DRIEFONTEIN CON ADR COM 262026503 458 30000 SH DEFINED 0127 30000
DREYFUS MONEY MARKET COM 262904204 4 3504 SH DEFINED 01 3504
E I DUPONT COM 263534109 2813 50000 SH DEFINED 011618 50000
E I DUPONT COM 263534109 1761 31299 SH DEFINED 0103 31299
DUKE POWER COMPANY COM 264399106 360 9447 SH DEFINED 0103 9447
DUKE POWER COMPANY COM 264399106 1716 45000 SH DEFINED 01 45000
DUKE REALTY COM 264411505 5650 200000 SH DEFINED 011618 200000
DUN & BRADSTREET CP COM 264830100 23375 425000 SH DEFINED 0113 425000
DUN & BRADSTREET CP COM 264830100 899 16342 SH DEFINED 0103 16342
DURACELL COM 26633L103 36435 840000 SH DEFINED 0126 840000
DURACELL COM 26633L103 17350 400000 SH DEFINED 0111 400000
DURACELL COM 26633L103 21688 500000 SH DEFINED 0124 500000
DURACELL COM 26633L103 3453 79600 SH DEFINED 011622 79600
DURACELL COM 26633L103 7651 176400 SH DEFINED 011623 176400
DURACELL COM 26633L103 4827 111245 SH DEFINED 0102 29500 81745
DURACELL COM 26633L103 1791 41300 SH DEFINED 0131 41300
DURACELL COM 26633L103 967 22300 SH DEFINED 0103 22300
ECI TELECOMMUNICATIO COM 268258100 4019 295000 SH DEFINED 0106 295000
ECI TELECOMMUNICATIO COM 268258100 5927 435000 SH DEFINED 011614 435000
ECI TELECOMMUNICATIO COM 268258100 8 600 SH DEFINED 0102 600
ECI TELECOMMUNICATIO COM 268258100 2169 159200 SH DEFINED 0131 159200
ECI TELECOMMUNICATIO COM 268258100 127 9300 SH DEFINED 0103 9300
E G & G INC COM 268457108 36 2554 SH DEFINED 0103 2554
EGSF VENTURE CAPITAL COM 268460995 27 48 SH DEFINED 0102 48
EIS INTERNATIONAL IN COM 268539103 1754 115000 SH DEFINED 011619 115000
EMC CORPORATION COM 268648102 10813 500000 SH DEFINED 0126 500000
EMC CORPORATION COM 268648102 1081 50000 SH DEFINED 011619 50000
EMC CORPORATION COM 268648102 11 500 SH DEFINED 0102 500
EMC CORPORATION COM 268648102 3449 159500 SH DEFINED 0131 159500
EMC CORPORATION COM 268648102 167 7700 SH DEFINED 0103 7700
E-SYSTEMS INC COM 269157301 1032 24800 SH DEFINED 0125 24800
E-SYSTEMS INC COM 269157301 142 3400 SH DEFINED 0102 3400
E-SYSTEMS INC COM 269157301 506 12167 SH DEFINED 0103 12167
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 25 967 SH DEFINED 0103 967
EASTMAN CHEMICAL CO COM 277432100 192 3809 SH DEFINED 0103 3809
EASTMAN CHEMICAL CO COM 277432100 505 10000 SH DEFINED 01 10000
EASTMAN KODAK COM 277461109 728 15244 SH DEFINED 0103 15244
EATON CORP COM 278058102 24750 500000 SH DEFINED 0126 500000
EATON CORP COM 278058102 2327 47000 SH DEFINED 011622 47000
EATON CORP COM 278058102 5168 104400 SH DEFINED 011623 104400
EATON CORP COM 278058102 52990 1070425 SH DEFINED 0102 383300 687125
EATON CORP COM 278058102 638 12900 SH DEFINED 0103 9400 3500
ECHLIN INC COM 278749106 82 2723 SH DEFINED 0103 2723
ECHO BAY FINANCE CONV PFD STOCK 27875L207 1644 50000 SH DEFINED 0127 50000
ECHO BAY MINES LTD COM 278751102 55 5163 SH DEFINED 0103 5163
ECOLAB, INC. COM 278865100 5460 260000 SH DEFINED 0128 260000
ECOLAB, INC. COM 278865100 8039 382800 SH DEFINED 0131 382800
ECOLAB, INC. COM 278865100 300 14310 SH DEFINED 0103 14310
<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
ELAN CORP PLC ADR COM 284131208 29 800 SH DEFINED 0102 800
ELAN CORP PLC ADR COM 284131208 442 12400 SH DEFINED 0103 12400
ELECTRO SCIENTIFIC COM 285229100 946 44000 SH DEFINED 011619 44000
ELECTROGLAS INC COM 285324109 224 6700 SH DEFINED 0106 6700
ELECTROGLAS INC COM 285324109 277 8300 SH DEFINED 011614 8300
EMERSON ELECTRIC COM 291011104 31250 500000 SH DEFINED 0124 500000
EMERSON ELECTRIC COM 291011104 8750 140000 SH DEFINED 0107 140000
EMERSON ELECTRIC COM 291011104 20625 330000 SH DEFINED 011618 330000
EMERSON ELECTRIC COM 291011104 4195 67130 SH DEFINED 0102 16250 50880
EMERSON ELECTRIC COM 291011104 13438 215000 SH DEFINED 0131 215000
EMERSON ELECTRIC COM 291011104 1178 18851 SH DEFINED 0103 18851
EMPIRE DISTRICT ELEC COM 291641108 7613 472151 SH DEFINED 0103 472151
ENDESA ADS COM 29244T101 1612 62600 SH DEFINED 0132 62600
EMPRESA NACIONAL DE COM 292447208 4050 100000 SH DEFINED 0132 100000
EMPRESAS ICA SOC CVT CONV BOND 292448AC1 2620 4000000 PRN DEFINED 0107 4000000
EMPRESAS ICA SOC CVT CONV BOND 292448AC1 3275 5000000 PRN DEFINED 011618 5000000
EMPRESAS ICA S COM 292448107 2286 147500 SH DEFINED 0126 147500
EMPRESAS ICA S COM 292448107 5541 357500 SH DEFINED 0112 357500
EMPRESAS ICA S COM 292448107 594 38300 SH DEFINED 011622 38300
EMPRESAS ICA S COM 292448107 1313 84700 SH DEFINED 011623 84700
EMPRESAS ICA S COM 292448107 8579 553500 SH DEFINED 011617 553500
EMPRESAS ICA S COM 292448107 2232 144000 SH DEFINED 0131 144000
EMPRESAS ICA S COM 292448107 2651 171055 SH DEFINED 01 171055
ENERGY BIO COM 29265L102 525 84000 SH DEFINED 0106 84000
ENERGY BIO COM 29265L102 625 100000 SH DEFINED 011614 100000
ENERGY BIO 144A $50 CONV PFD STOCK 29265L201 1063 25000 SH DEFINED 0106 25000
ENERGY BIO 144A $50 CONV PFD STOCK 29265L201 1488 35000 SH DEFINED 011614 35000
ENGELHARD CORP COM 292845104 98 4425 SH DEFINED 0103 4425
ENHANCE FINANCIAL SV COM 293310108 2569 150000 SH DEFINED 0128 150000
ENHANCE FINANCIAL SV COM 293310108 5138 300000 SH DEFINED 0131 300000
ENHANCE FINANCIAL SV COM 293310108 243 14200 SH DEFINED 0103 14200
ENRON GLOBAL POWER COM 29356M100 5720 260000 SH DEFINED 0132 260000
ENRON GLOBAL POWER COM 29356M100 8800 400000 SH DEFINED 0107 400000
ENRON CORP COM 293561106 24400 800000 SH DEFINED 0130 800000
ENRON CORP COM 293561106 61000 2000000 SH DEFINED 0126 2000000
ENRON CORP COM 293561106 4755 155900 SH DEFINED 0106 155900
ENRON CORP COM 293561106 15250 500000 SH DEFINED 0132 500000
ENRON CORP COM 293561106 15250 500000 SH DEFINED 0124 500000
ENRON CORP COM 293561106 482 15800 SH DEFINED 0125 15800
ENRON CORP COM 293561106 9913 325000 SH DEFINED 0107 325000
ENRON CORP COM 293561106 4789 157000 SH DEFINED 011622 157000
ENRON CORP COM 293561106 10675 350000 SH DEFINED 011623 350000
ENRON CORP COM 293561106 8388 275000 SH DEFINED 011516 275000
ENRON CORP COM 293561106 10675 350000 SH DEFINED 011618 350000
ENRON CORP COM 293561106 6878 225500 SH DEFINED 011614 225500
ENRON CORP COM 293561106 31227 1023915 SH DEFINED 0102 402700 621215
ENRON CORP COM 293561106 15250 500000 SH DEFINED 0131 500000
ENRON CORP COM 293561106 2107 69087 SH DEFINED 0103 35500 33587
ENRON CORP COM 293561106 7443 244000 SH DEFINED 01 244000
ENRON OIL & GAS CO COM 293562104 8438 450000 SH DEFINED 0108 450000
<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
ENRON OIL & GAS CO COM 293562104 15701 837300 SH DEFINED 0102 837300
ENRON OIL & GAS CO COM 293562104 294 15700 SH DEFINED 0103 15700
ENSERCH CORP COM 293567103 40 3079 SH DEFINED 0103 3079
ENTERGY CORP COM 29364G103 232 10621 SH DEFINED 0103 10621
ENTERRA CORP COM 293805107 5700 300000 SH DEFINED 0108 300000
ENVOY CORP COM 293944104 5023 245000 SH DEFINED 011516 245000
ENVIRODYNE IND INC COM 294037205 1000 242372 SH DEFINED 0104 242372
ENVIRODYNE IND INC COM 294037205 2999 727116 SH DEFINED 0109 727116
ENVIRODYNE IND INC COM 294037205 375 90890 SH DEFINED 011621 90890
ENVIRODYNE IND INC COM 294037205 1600 387795 SH DEFINED 0116 387795
ENVIRODYNE IND INC COM 294037205 125 30296 SH DEFINED 0131 30296
ENVIRODYNE IND INC COM 294037205 150 36356 SH DEFINED 01 36356
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 12992 112000 SH DEFINED 0109 112000
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 3480 30000 SH DEFINED 0131 30000
EPIC DESIGN TECH COM 29425G100 563 25000 SH DEFINED 0106 25000
EPIC DESIGN TECH COM 29425G100 900 40000 SH DEFINED 011614 40000
EPIC DESIGN TECH COM 29425G100 146 6500 SH DEFINED 0131 6500
EQUITABLE COMPANIES CONV BOND 29444GAE7 18175 20000000 PRN DEFINED 0130 20000000
EQUITABLE COMPANIES CONV BOND 29444GAE7 12268 13500000 PRN DEFINED 0124 13500000
EQUITABLE COMPANIES CONV BOND 29444GAE7 4544 5000000 PRN DEFINED 0107 5000000
EQUITABLE COS INC COM 29444G107 22656 1250000 SH DEFINED 0126 1250000
EQUITABLE OF IOWA CO COM 294510300 4238 150000 SH DEFINED 0108 150000
EQUITABLE OF IOWA CO COM 294510300 4096 145000 SH DEFINED 0106 145000
EQUITABLE OF IOWA CO COM 294510300 5650 200000 SH DEFINED 011614 200000
EQUITABLE OF IOWA CO COM 294510300 11 400 SH DEFINED 0102 400
EQUITABLE OF IOWA CO COM 294510300 2503 88600 SH DEFINED 0131 88600
EQUITABLE OF IOWA CO COM 294510300 153 5400 SH DEFINED 0103 5400
EQUITABLE RESOURCES COM 294549100 3119 115000 SH DEFINED 0128 115000
EQUITABLE RESOURCES COM 294549100 8816 325000 SH DEFINED 0132 325000
EQUITABLE RESOURCES COM 294549100 4069 150000 SH DEFINED 0131 150000
EQUITY CORP INT'L COM 294644109 1511 114000 SH DEFINED 0106 114000
EQUITY CORP INT'L COM 294644109 928 70000 SH DEFINED 011619 70000
EQUITY INNS COM 294703103 880 80000 SH DEFINED 0106 80000
EQUITY RESIDENTIAL COM 29476L107 2250 75000 SH DEFINED 0132 75000
ERICSSON LM 'B' ADR COM 294821400 22050 400000 SH DEFINED 0126 400000
ERICSSON LM 'B' ADR COM 294821400 22050 400000 SH DEFINED 0111 400000
ERICSSON LM 'B' ADR COM 294821400 4272 77500 SH DEFINED 011622 77500
ERICSSON LM 'B' ADR COM 294821400 9459 171600 SH DEFINED 011623 171600
ERICSSON LM 'B' ADR COM 294821400 13781 250000 SH DEFINED 011618 250000
ERICSSON LM 'B' ADR COM 294821400 7145 129585 SH DEFINED 0102 50050 79535
ERICSSON LM 'B' ADR COM 294821400 5121 92900 SH DEFINED 0131 92900
ERICSSON LM 'B' ADR COM 294821400 592 10750 SH DEFINED 0103 10750
ERICSSON LM ADR'S COM 294821509 16875 9000000 SH DEFINED 0130 9000000
ERICSSON LM ADR'S COM 294821509 18750 10000000 SH DEFINED 0124 10000000
ESSEX PROP TRUST COM 297178105 2647 175000 SH DEFINED 0107 175000
ETHICAL HLDGS LTD COM 297645202 553 85000 SH DEFINED 011619 85000
ETHYL CORP COM 297659104 14438 1500000 SH DEFINED 0113 1500000
ETHYL CORP COM 297659104 2310 240000 SH DEFINED 0128 240000
ETHYL CORP COM 297659104 8663 900000 SH DEFINED 0131 900000
ETHYL CORP COM 297659104 388 40300 SH DEFINED 0103 40300
<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
EXECUTIVE RISK COM 301586103 1816 128590 SH DEFINED 0113 128590
EXPRESS SCRIPT COM 302182100 6200 168700 SH DEFINED 0106 168700
EXPRESS SCRIPT COM 302182100 6571 178800 SH DEFINED 011614 178800
EXXON COM 302290101 33413 550000 SH DEFINED 0130 550000
EXXON COM 302290101 24300 400000 SH DEFINED 0126 400000
EXXON COM 302290101 25819 425000 SH DEFINED 0113 425000
EXXON COM 302290101 8687 143000 SH DEFINED 0125 143000
EXXON COM 302290101 9113 150000 SH DEFINED 0107 150000
EXXON COM 302290101 18833 310000 SH DEFINED 011516 310000
EXXON COM 302290101 15188 250000 SH DEFINED 011618 250000
EXXON COM 302290101 16863 277567 SH DEFINED 0102 277567
EXXON COM 302290101 13061 215000 SH DEFINED 0131 215000
EXXON COM 302290101 7738 127366 SH DEFINED 0103 127366
EXXON COM 302290101 21980 361800 SH DEFINED 01 265800 96000
EYE CARE CTR WTS'03 WARRANT 302294137 25 5000 SH DEFINED 0104 5000
EYE CARE CTR WTS'03 WARRANT 302294137 15 3000 SH DEFINED 011621 3000
EYE CARE CTR WTS'03 WARRANT 302294137 20 4000 SH DEFINED 0131 4000
F & M BANCORPORATION COM 302371109 798 37100 SH DEFINED 0128 37100
FMC CORP COM 302491303 96 1669 SH DEFINED 0103 1669
FPL GROUP INC. COM 302571104 308 8765 SH DEFINED 0103 8765
FARLEY INC NEW COM 307617928 0 1 SH DEFINED 0109 1
FASTENAL CO COM 311900104 8175 200000 SH DEFINED 011516 200000
FEATHER LIGHT COM 313054108 630 70000 SH DEFINED 011619 70000
FEDERAL EXPRESS COM 313309106 24100 400000 SH DEFINED 0126 400000
FEDERAL EXPRESS COM 313309106 154 2549 SH DEFINED 0103 2549
FED HOME LOAN MTG CP COM 313400301 490 9698 SH DEFINED 0103 9698
FEDERAL NATL MTGE COM 313586109 25506 350000 SH DEFINED 0124 350000
FEDERAL NATL MTGE COM 313586109 2777 38100 SH DEFINED 0125 38100
FEDERAL NATL MTGE COM 313586109 6559 90000 SH DEFINED 011618 90000
FEDERAL NATL MTGE COM 313586109 111777 1533812 SH DEFINED 0102 503100 1030712
FEDERAL NATL MTGE COM 313586109 9547 131000 SH DEFINED 0131 131000
FEDERAL NATL MTGE COM 313586109 4275 58650 SH DEFINED 0103 22550 36100
FEDERAL NATL MTGE COM 313586109 11748 161200 SH DEFINED 01 161200
FEDERAL PAPER BOARD COM 313693103 55 1912 SH DEFINED 0103 1912
FEDERATED DPT STORES COM 31410H101 9625 500000 SH DEFINED 0124 500000
FEDERATED DPT STORES COM 31410H101 230 11971 SH DEFINED 0116 11971
FEDERATED DPT RES WARRANT 31410J115 109 72890 SH DEFINED 0109 72890
FEDERATED DPT RES WARRANT 31410J115 9 6000 SH DEFINED 011621 6000
FELCOR HOTEL COM 314305103 3510 180000 SH DEFINED 0107 180000
FERRO CORP COM 315405100 10 400 SH DEFINED 0102 400
FERRO CORP COM 315405100 167 7000 SH DEFINED 0103 7000
FIDELITY MAGELLAN FD COM 316184100 3 49 SH DEFINED 01 49
AMER CENTURION LIFE COM 3181819C0 7600 100000 SH DEFINED 0116 100000
FIRST AMERICAN CORP/ COM 318900107 3897 145000 SH DEFINED 0128 145000
FIRST AMERICAN CORP/ COM 318900107 5375 200000 SH DEFINED 0131 200000
FIRST AMERICAN CORP/ COM 318900107 194 7200 SH DEFINED 0103 7200
FIRST BANK SYSTEM COM 319279105 99 3000 SH DEFINED 0102 3000
FIRST CHICAGO CORP. COM 319455101 33425 700000 SH DEFINED 0130 700000
FIRST CHICAGO CORP. COM 319455101 9550 200000 SH DEFINED 0108 200000
FIRST CHICAGO CORP. COM 319455101 62075 1300000 SH DEFINED 0126 1300000
<PAGE> PAGE 28
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FIRST CHICAGO CORP. COM 319455101 19100 400000 SH DEFINED 0111 400000
FIRST CHICAGO CORP. COM 319455101 9550 200000 SH DEFINED 0124 200000
FIRST CHICAGO CORP. COM 319455101 2793 58500 SH DEFINED 0125 58500
FIRST CHICAGO CORP. COM 319455101 7163 150000 SH DEFINED 0107 150000
FIRST CHICAGO CORP. COM 319455101 4761 99700 SH DEFINED 011622 99700
FIRST CHICAGO CORP. COM 319455101 10586 221700 SH DEFINED 011623 221700
FIRST CHICAGO CORP. COM 319455101 15519 325000 SH DEFINED 011516 325000
FIRST CHICAGO CORP. COM 319455101 26263 550000 SH DEFINED 011618 550000
FIRST CHICAGO CORP. COM 319455101 216826 4540796 SH DEFINED 0102 1595900 2944896
FIRST CHICAGO CORP. COM 319455101 11116 232800 SH DEFINED 0131 232800
FIRST CHICAGO CORP. COM 319455101 5539 116034 SH DEFINED 0103 81850 34184
FIRST CHICAGO CORP. COM 319455101 27430 574450 SH DEFINED 01 574450
1ST CHICAGO NEXTELL CONV PFD STOCK 319455853 15750 900000 SH DEFINED 0130 900000
1ST CHICAGO NEXTELL CONV PFD STOCK 319455853 3395 194000 SH DEFINED 0132 194000
1ST CHICAGO NEXTELL CONV PFD STOCK 319455853 8138 465000 SH DEFINED 011516 465000
1ST CHICAGO NEXTELL CONV PFD STOCK 319455853 4375 250000 SH DEFINED 011618 250000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 2865 60000 SH DEFINED 0129 60000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 3581 75000 SH DEFINED 0104 75000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 2388 50000 SH DEFINED 0109 50000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 3581 75000 SH DEFINED 0107 75000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 2029 42500 SH DEFINED 011621 42500
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 1194 25000 SH DEFINED 0131 25000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 40425 846600 SH DEFINED 01 846600
FIRST DATA CORP COM 319963104 67 1400 SH DEFINED 0102 1400
FIRST FIDELITY BANCP COM 320195100 2244 50000 SH DEFINED 0106 50000
FIRST FIDELITY BANCP COM 320195100 4039 90000 SH DEFINED 011614 90000
FIRST FIDELITY BANCP COM 320195100 4 100 SH DEFINED 0102 100
FIRST FIDELITY BANCP COM 320195100 1764 39300 SH DEFINED 0131 39300
FIRST FIDELITY BANCP COM 320195100 246 5485 SH DEFINED 0103 1800 3685
FIRST FINANCIAL MGMT COM 320245103 49300 800000 SH DEFINED 0126 800000
FIRST FINANCIAL MGMT COM 320245103 24650 400000 SH DEFINED 0111 400000
FIRST FINANCIAL MGMT COM 320245103 3895 63200 SH DEFINED 011622 63200
FIRST FINANCIAL MGMT COM 320245103 8677 140800 SH DEFINED 011623 140800
FIRST FINANCIAL MGMT COM 320245103 18488 300000 SH DEFINED 011618 300000
FIRST FINANCIAL MGMT COM 320245103 197 3200 SH DEFINED 011619 3200
FIRST FINANCIAL MGMT COM 320245103 2465 40000 SH DEFINED 011614 40000
FIRST FINANCIAL MGMT COM 320245103 13110 212690 SH DEFINED 0102 55600 157090
FIRST FINANCIAL MGMT COM 320245103 4622 75000 SH DEFINED 0131 75000
FIRST FINANCIAL MGMT COM 320245103 283 4600 SH DEFINED 0103 4600
FIRST FINANCIAL MGMT COM 320245103 924 15000 SH DEFINED 01 15000
FIRST INDUSTRIAL REL COM 32054K103 5850 300000 SH DEFINED 0113 300000
FIRST INDUSTRIAL REL COM 32054K103 3413 175000 SH DEFINED 0132 175000
FIRST INDUSTRIAL REL COM 32054K103 3315 170000 SH DEFINED 011618 170000
FIRST INTERSTATE BAN COM 320548100 61 900 SH DEFINED 0125 900
FIRST INTERSTATE BAN COM 320548100 7 100 SH DEFINED 0102 100
FIRST INTERSTATE BAN COM 320548100 285 4222 SH DEFINED 0103 4222
FIRST MISS CORP COM 320891104 23 925 SH DEFINED 0103 925
FIRST TN NAT'L CORP COM 337162101 2934 72000 SH DEFINED 0106 72000
FIRST TN NAT'L CORP COM 337162101 4890 120000 SH DEFINED 011614 120000
FIRST UNION CORP COM 337358105 216 5222 SH DEFINED 0102 3500 1722
<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
FIRST UNION CORP COM 337358105 325 7857 SH DEFINED 0103 7857
FIRST USA INC COM 33743H105 10 300 SH DEFINED 0102 300
FIRST USA INC COM 33743H105 2449 74500 SH DEFINED 0131 74500
FIRST USA INC COM 33743H105 155 4700 SH DEFINED 0103 4700
FIRSTAR CORP COM 33761C103 2956 110000 SH DEFINED 0106 110000
FIRSTAR CORP COM 33761C103 2688 100000 SH DEFINED 011614 100000
FISERV INC COM 337738108 10750 500000 SH DEFINED 011516 500000
FLAIR CORP COM 33848P101 6840 360000 SH DEFINED 011516 360000
FLAT TOP NATL BK COM 338693104 1 84 SH DEFINED 0102 84
FLEET FINANCIAL GRP COM 338915101 16250 500000 SH DEFINED 0113 500000
FLEET FINANCIAL GRP COM 338915101 36 1100 SH DEFINED 0125 1100
FLEET FINANCIAL GRP COM 338915101 7 200 SH DEFINED 0102 200
FLEET FINANCIAL GRP COM 338915101 222 6826 SH DEFINED 0103 6826
FLEET MTG GROUP INC COM 339012106 892 44900 SH DEFINED 011516 44900
FLEETWOOD ENTERPRISE COM 339099103 40 2122 SH DEFINED 0103 2122
FLEMING CO COM 339130106 40 1700 SH DEFINED 0103 1700
FLORIDA PROGRESS COM 341109106 600 20000 SH DEFINED 01 20000
FLUOR CORP COM 343861100 6900 160000 SH DEFINED 0108 160000
FLUOR CORP COM 343861100 165 3821 SH DEFINED 0103 3821
FOAMEX COM 344123104 5000 500000 SH DEFINED 0135 500000
FOODMAKER INC WARRANT 344839113 63 5000 SH DEFINED 0104 5000
FOODMAKER INC WARRANT 344839113 88 7000 SH DEFINED 0109 7000
FORD HOLDINGS FRAP I PREFERRED STOCK 345277750 2048 20000 SH DEFINED 01 20000
FORD HOLDINGS FRAP I PREFERRED STOCK 345277750 2662 26000 SH DEFINED 01 26000
FORD MOTOR COM 345370100 5600 200000 SH DEFINED 0108 200000
FORD MOTOR COM 345370100 39200 1400000 SH DEFINED 0126 1400000
FORD MOTOR COM 345370100 19600 700000 SH DEFINED 0113 700000
FORD MOTOR COM 345370100 2072 74000 SH DEFINED 0125 74000
FORD MOTOR COM 345370100 7000 250000 SH DEFINED 0107 250000
FORD MOTOR COM 345370100 2240 80000 SH DEFINED 011622 80000
FORD MOTOR COM 345370100 5040 180000 SH DEFINED 011623 180000
FORD MOTOR COM 345370100 123611 4414557 SH DEFINED 0102 1547280 2867277
FORD MOTOR COM 345370100 12600 450000 SH DEFINED 0131 450000
FORD MOTOR COM 345370100 4225 150890 SH DEFINED 0103 57200 93690
FORD MOTOR COM 345370100 3480 124300 SH DEFINED 01 124300
FORD MOTOR CO $50 CONV PFD STOCK 345370209 18400 200000 SH DEFINED 0130 200000
FORD MOTOR CO $50 CONV PFD STOCK 345370209 28 300 SH DEFINED 0102 300
FOREST LABS COM 345838106 23313 500000 SH DEFINED 0126 500000
FOREST LABS COM 345838106 6332 135800 SH DEFINED 0106 135800
FOREST LABS COM 345838106 2065 44300 SH DEFINED 011622 44300
FOREST LABS COM 345838106 4602 98700 SH DEFINED 011623 98700
FOREST LABS COM 345838106 8444 181100 SH DEFINED 011614 181100
FOREST LABS COM 345838106 21475 460580 SH DEFINED 0102 460580
FOREST LABS COM 345838106 6406 137400 SH DEFINED 0131 137400
FOREST LABS COM 345838106 812 17400 SH DEFINED 0103 17400
FOSTER WHEELER COM 350244109 49 1646 SH DEFINED 0103 1646
FOUNDATION HEALTH CO COM 350401105 1860 60000 SH DEFINED 011620 60000
FRAMLINGTON MAGHREB COM 351689997 1743 34000 SH DEFINED 0112 34000
FRAMLINGTON MAGHREB COM 351689997 2563 50000 SH DEFINED 011617 50000
FRAMLINGTON MAGHREB COM 351689997 687 13400 SH DEFINED 0131 13400
<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
FRANKLIN CUSTODY FD COM 353496607 0 28 SH DEFINED 01 28
FRANKLIN ELECTRONIC COM 353515109 528 25000 SH DEFINED 011619 25000
FRANKLIN RESOURCES COM 354613101 47 1300 SH DEFINED 0102 1300
FREDS INC COM 356108100 2250 250000 SH DEFINED 0128 250000
FREEPORT MCMORAN COP COM 35671D105 4781 225000 SH DEFINED 0127 225000
FREEPORT MCMORAN COP COM 35671D105 8739 411250 SH DEFINED 0131 411250
FREEPORT MCMORAN COP COM 35671D105 340 16000 SH DEFINED 0103 16000
FREEPORT MCMORAN INC COM 356714105 8875 500000 SH DEFINED 011618 500000
FREEPORT MCMORAN INC COM 356714105 5325 300000 SH DEFINED 0131 300000
FREEPORT MCMORAN INC COM 356714105 240 13500 SH DEFINED 0103 13500
FREEPORT MCMORAN PREFERRED STOCK 356714303 2350 50000 SH DEFINED 0132 50000
FRITZ COM 358846103 1401 29800 SH DEFINED 0106 29800
FRITZ COM 358846103 7050 150000 SH DEFINED 0135 150000
FRITZ COM 358846103 2543 54100 SH DEFINED 0102 54100
FRITZ COM 358846103 52 1100 SH DEFINED 0103 1100
FULCRUM COM 359613106 3859 325000 SH DEFINED 011516 325000
FUNCO COM 360762108 300 50000 SH DEFINED 011516 50000
FUTURE HEALTHCARE IN COM 360911101 1031 50000 SH DEFINED 011619 50000
FUSION SYSTEMS COM 361129109 1838 70000 SH DEFINED 011619 70000
GATX CORP COM 361448103 22000 500000 SH DEFINED 0113 500000
GND HLDGS $100 SER A PREFERRED STOCK 361910XV9 6 46550 SH DEFINED 0109 46550
GNI GROUP COM 362022105 1700 400000 SH DEFINED 0135 400000
GT CHILE GROWTH EURO COM 362300998 2950 100000 SH DEFINED 0135 100000
GTE CORP COM 362320103 3038 100000 SH DEFINED 0132 100000
GTE CORP COM 362320103 6 200 SH DEFINED 0102 200
GTE CORP COM 362320103 1340 44118 SH DEFINED 0103 44118
GTI CORP COM 362360109 1675 100000 SH DEFINED 011620 100000
GABLE RESIDENTIAL COM 362418105 3333 155000 SH DEFINED 0107 155000
GANNETT CO INC COM 364730101 12248 230000 SH DEFINED 011618 230000
GANNETT CO INC COM 364730101 361 6787 SH DEFINED 0103 6787
GAP INC., THE COM 364760108 22875 750000 SH DEFINED 0130 750000
GAP INC., THE COM 364760108 7625 250000 SH DEFINED 0108 250000
GAP INC., THE COM 364760108 12200 400000 SH DEFINED 0124 400000
GAP INC., THE COM 364760108 10218 335000 SH DEFINED 011516 335000
GAP INC., THE COM 364760108 8540 280000 SH DEFINED 011618 280000
GAP INC., THE COM 364760108 214 7000 SH DEFINED 011620 7000
GAP INC., THE COM 364760108 204 6698 SH DEFINED 0103 6698
GAYLORD ENTERTAINMEN COM 367901105 6825 300000 SH DEFINED 011516 300000
GAYLORD ENTERTAINMEN COM 367901105 9804 430900 SH DEFINED 0102 430900
GAYLORD ENTERTAINMEN COM 367901105 164 7200 SH DEFINED 0103 7200
GAYLORD CONTAINER CP COM 368145108 1142 125162 SH DEFINED 0109 125162
GAYLORD CONTAIN WTS WARRANT 368145116 6405 883477 SH DEFINED 0109 883477
GENENTECH RED COM COM 368710208 9075 200000 SH DEFINED 0108 200000
GENENTECH RED COM COM 368710208 6353 140000 SH DEFINED 0106 140000
GENENTECH RED COM COM 368710208 1815 40000 SH DEFINED 011622 40000
GENENTECH RED COM COM 368710208 4084 90000 SH DEFINED 011623 90000
GENENTECH RED COM COM 368710208 11344 250000 SH DEFINED 011516 250000
GENENTECH RED COM COM 368710208 19058 420000 SH DEFINED 011618 420000
GENENTECH RED COM COM 368710208 9075 200000 SH DEFINED 011614 200000
GENENTECH RED COM COM 368710208 37886 835050 SH DEFINED 0102 144000 691050
<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
GENENTECH RED COM COM 368710208 8127 179100 SH DEFINED 0131 179100
GENENTECH RED COM COM 368710208 1205 26550 SH DEFINED 0103 26550
GENERAL DYNAMICS COM 369550108 127 2916 SH DEFINED 0103 2916
GENERAL ELECTRIC COM 369604103 26775 525000 SH DEFINED 0130 525000
GENERAL ELECTRIC COM 369604103 71400 1400000 SH DEFINED 0126 1400000
GENERAL ELECTRIC COM 369604103 26775 525000 SH DEFINED 0113 525000
GENERAL ELECTRIC COM 369604103 30600 600000 SH DEFINED 0124 600000
GENERAL ELECTRIC COM 369604103 6737 132100 SH DEFINED 0125 132100
GENERAL ELECTRIC COM 369604103 12750 250000 SH DEFINED 0107 250000
GENERAL ELECTRIC COM 369604103 2295 45000 SH DEFINED 011622 45000
GENERAL ELECTRIC COM 369604103 5095 99900 SH DEFINED 011623 99900
GENERAL ELECTRIC COM 369604103 36975 725000 SH DEFINED 011516 725000
GENERAL ELECTRIC COM 369604103 58650 1150000 SH DEFINED 011618 1150000
GENERAL ELECTRIC COM 369604103 209693 4111418 SH DEFINED 0102 1393900 2717518
GENERAL ELECTRIC COM 369604103 14025 275000 SH DEFINED 0131 275000
GENERAL ELECTRIC COM 369604103 10490 205676 SH DEFINED 0103 59600 146076
GENERAL ELECTRIC COM 369604103 33058 648200 SH DEFINED 01 648200
GENERAL GROWTH COM 370021107 11313 500000 SH DEFINED 0113 500000
GENERAL INSTRUMENT C COM 370121105 9000 300000 SH DEFINED 0126 300000
GENERAL MILLS COM 370334104 417 7314 SH DEFINED 0103 7314
GENERAL MOTORS COM 370442105 19013 450000 SH DEFINED 0113 450000
GENERAL MOTORS COM 370442105 2024 47900 SH DEFINED 0125 47900
GENERAL MOTORS COM 370442105 7394 175000 SH DEFINED 0107 175000
GENERAL MOTORS COM 370442105 100580 2380625 SH DEFINED 0102 832550 1548075
GENERAL MOTORS COM 370442105 12675 300000 SH DEFINED 0131 300000
GENERAL MOTORS COM 370442105 4398 104092 SH DEFINED 0103 37350 66742
GENERAL MOTORS COM 370442105 2822 66800 SH DEFINED 01 66800
GENERAL MOTORS CL E COM 370442402 385 10000 SH DEFINED 01 10000
GENERAL MOTORS CL H COM 370442501 17438 500000 SH DEFINED 011618 500000
GENERAL MTRS DEP SHR CONV PFD STOCK 370442873 17213 300000 SH DEFINED 0130 300000
GENERAL NUTRITION IN COM 37047F103 6525 225000 SH DEFINED 011516 225000
GENERAL RE CORP COM 370563108 479 3874 SH DEFINED 0103 3874
GENERAL SIGNAL COM 370838104 28688 900000 SH DEFINED 0130 900000
GENERAL SIGNAL COM 370838104 15938 500000 SH DEFINED 0113 500000
GENERAL SIGNAL COM 370838104 9722 305000 SH DEFINED 0107 305000
GENERAL SIGNAL COM 370838104 20719 650000 SH DEFINED 011516 650000
GENERAL SIGNAL COM 370838104 2072 65000 SH DEFINED 011620 65000
GENERAL SIGNAL COM 370838104 12272 385000 SH DEFINED 0131 385000
GENERAL SIGNAL COM 370838104 535 16783 SH DEFINED 0103 16783
GENERAL SIGNAL COM 370838104 13967 438185 SH DEFINED 01 438185
GTE $50 PFD PREFERRED STOCK 371028911 6026 124087 SH DEFINED 0105 124087
GTE CORP $50 PFD PREFERRED STOCK 371028945 6315 131556 SH DEFINED 0105 131556
THE GENERRA CO COMMN COM 37154*106 6 5910 SH DEFINED 0116 5910
THE GENERRA CO COMMN COM 37154*106 1 1182 SH DEFINED 01 1182
THE GENERRA CO PFD PREFERRED STOCK 37154*114 6 6061 SH DEFINED 0116 6061
THE GENERRA CO PFD PREFERRED STOCK 37154*114 1 1212 SH DEFINED 01 1212
GENTEX CORP COM 371901109 4850 200000 SH DEFINED 0111 200000
GENTEX CORP COM 371901109 638 26300 SH DEFINED 011614 26300
GENTEX CORP COM 371901109 147 6000 SH DEFINED 0102 6000
GENUINE PARTS COM 372460105 22500 625000 SH DEFINED 0113 625000
<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
GENUINE PARTS COM 372460105 8100 225000 SH DEFINED 0107 225000
GENUINE PARTS COM 372460105 11160 310000 SH DEFINED 0131 310000
GENUINE PARTS COM 372460105 657 18241 SH DEFINED 0103 18241
GENUINE PARTS COM 372460105 1955 54300 SH DEFINED 01 54300
GENZYME CORP COM 372917104 1575 50000 SH DEFINED 0128 50000
GENZYME TISSUE REPR COM 372917401 25 6750 SH DEFINED 0128 6750
GEORGIA GULF CORP COM 373200203 3888 100000 SH DEFINED 0124 100000
GEORGIA GULF CORP COM 373200203 583 15000 SH DEFINED 01 15000
GEORGIA PACIFIC COM 373298108 21450 300000 SH DEFINED 0124 300000
GEORGIA PACIFIC COM 373298108 64 900 SH DEFINED 0102 900
GEORGIA PACIFIC COM 373298108 298 4164 SH DEFINED 0103 4164
GEORGIA PACIFIC COM 373298108 1788 25000 SH DEFINED 01 25000
GEOTEK COMMUNICATION COM 373654102 2588 300000 SH DEFINED 0135 300000
GIANT FOOD CL A COM 374478105 60 2751 SH DEFINED 0103 2751
GIDDINGS & LEWIS WIS COM 375048105 22125 1500000 SH DEFINED 0130 1500000
GIDDINGS & LEWIS WIS COM 375048105 5900 400000 SH DEFINED 0108 400000
GIDDINGS & LEWIS WIS COM 375048105 1475 100000 SH DEFINED 0128 100000
GIDDINGS & LEWIS WIS COM 375048105 11800 800000 SH DEFINED 011516 800000
GIDDINGS & LEWIS WIS COM 375048105 23 1580 SH DEFINED 0103 1580
GIDDINGS & LEWIS WIS COM 375048105 782 53000 SH DEFINED 01 53000
GILLETTE CO COM 375766102 74750 1000000 SH DEFINED 0126 1000000
GILLETTE CO COM 375766102 22425 300000 SH DEFINED 0111 300000
GILLETTE CO COM 375766102 3738 50000 SH DEFINED 011622 50000
GILLETTE CO COM 375766102 8447 113000 SH DEFINED 011623 113000
GILLETTE CO COM 375766102 22425 300000 SH DEFINED 011618 300000
GILLETTE CO COM 375766102 28874 386334 SH DEFINED 0102 216850 169484
GILLETTE CO COM 375766102 1304 17443 SH DEFINED 0103 7250 10193
GOLD PEAK IND HLDGS COM 380654996 171 432985 SH DEFINED 01 432985
GOLDEN WEST FIN COM 381317106 104 2948 SH DEFINED 0103 2948
GOODRICH B.F. COM 382388106 51 1169 SH DEFINED 0103 1169
GOODYEAR COM 382550101 26900 800000 SH DEFINED 0130 800000
GOODYEAR COM 382550101 9247 275000 SH DEFINED 0108 275000
GOODYEAR COM 382550101 27236 810000 SH DEFINED 011516 810000
GOODYEAR COM 382550101 60966 1813195 SH DEFINED 0102 613320 1199875
GOODYEAR COM 382550101 631 18774 SH DEFINED 0103 11800 6974
GOODYEAR COM 382550101 168 5000 SH DEFINED 01 5000
W R GRACE COM 383883105 17381 450000 SH DEFINED 0113 450000
W R GRACE COM 383883105 553 14328 SH DEFINED 0103 14328
GRAINGER (W.W.) COM 384802104 135 2335 SH DEFINED 0103 2335
GRAND MET PLC -ADR COM 386090302 22860 914398 SH DEFINED 0103 900117 14281
GRANITE CONSTRUCTION COM 387328107 2025 100000 SH DEFINED 011614 100000
GRASIM INDS GDR 144A COM 388706202 4800 200000 SH DEFINED 0124 200000
GREAT A. & P. TEA COM 390064103 32 1763 SH DEFINED 0103 1763
GREAT BAY POWER CORP COM 390139103 548 75553 SH DEFINED 0104 75553
GREAT BAY POWER CORP COM 390139103 548 75553 SH DEFINED 0109 75553
GREAT BAY POWER CORP COM 390139103 219 30222 SH DEFINED 011621 30222
GREAT LAKES CHEM CO COM 390568103 5196 91185 SH DEFINED 0102 36600 54585
GREAT LAKES CHEM CO COM 390568103 187 3287 SH DEFINED 0103 3287
GREAT LAKES CHEM CO COM 390568103 5786 101500 SH DEFINED 01 101500
GREAT WESTERN FIN CP COM 391442100 491 30700 SH DEFINED 0125 30700
<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
GREAT WESTERN FIN CP COM 391442100 69 4300 SH DEFINED 0102 4300
GREAT WESTERN FIN CP COM 391442100 308 19255 SH DEFINED 0103 19255
GREENFIELDS COM 395058100 4800 200000 SH DEFINED 011516 200000
GREENFIELDS COM 395058100 1200 50000 SH DEFINED 011619 50000
GREENFIELDS COM 395058100 2160 90000 SH DEFINED 011620 90000
GROUPO INDL DURANGO COM 40048E109 1554 110000 SH DEFINED 011620 110000
G-MEXICANA DE B COM 40048G104 1006 131900 SH DEFINED 0112 131900
G-MEXICANA DE B COM 40048G104 1102 144500 SH DEFINED 011617 144500
G-MEXICANA DE B COM 40048G104 220 28800 SH DEFINED 0131 28800
G-MEXICANA DE L COM 40048G203 1775 200000 SH DEFINED 0135 200000
G-CASA AUTREY COM 40048P104 5625 250000 SH DEFINED 011516 250000
G-CARSO ADR COM 400485108 4263 275000 SH DEFINED 0130 275000
G-CARSO ADR COM 400485108 7750 500000 SH DEFINED 0135 500000
G-CARSO ADR COM 400485108 961 62000 SH DEFINED 011622 62000
G-CARSO ADR COM 400485108 2170 140000 SH DEFINED 011623 140000
G-CARSO ADR COM 400485108 4650 300000 SH DEFINED 011618 300000
G-BANCOMER 144A COM 400486106 1 100 SH DEFINED 01 100
G-TRIBASA COM 40049F105 8811 530000 SH DEFINED 011618 530000
G-TRIBASA COM 40049F105 166 10000 SH DEFINED 011620 10000
G-TRIBASA COM 40049F105 2168 130384 SH DEFINED 01 130384
G-TELEVISA COM 40049J206 2540 80000 SH DEFINED 0106 80000
G-TELEVISA COM 40049J206 7938 250000 SH DEFINED 0111 250000
G-TELEVISA COM 40049J206 9525 300000 SH DEFINED 0124 300000
G-TELEVISA COM 40049J206 3810 120000 SH DEFINED 011618 120000
G-TELEVISA COM 40049J206 3651 115000 SH DEFINED 011614 115000
G-TELEVISA COM 40049J206 57 1800 SH DEFINED 0102 1800
GRUPO SIDEK ADR COM 400490108 8100 800000 SH DEFINED 0124 800000
GRUPO SIDEK ADR COM 400490108 4030 398000 SH DEFINED 011614 398000
G-SIMEC COM 400491106 3025 200000 SH DEFINED 0111 200000
G-SIMEC COM 400491106 6050 400000 SH DEFINED 0135 400000
G-SIMEC COM 400491106 1361 90000 SH DEFINED 011620 90000
G-SITUR 144A COM 400492104 3780 180000 SH DEFINED 0106 180000
G-SITUR 144A COM 400492104 210 10000 SH DEFINED 011614 10000
GRUPO SITUR S.A. ADR COM 400492203 525 25000 SH DEFINED 011614 25000
GUANGZHOU INVEST CO COM 400655999 80 393980 SH DEFINED 01 393980
GULF SOUTH MEDICAL COM 40252G105 11548 310000 SH DEFINED 011516 310000
HBO COMPANY COM 404100109 863 25000 SH DEFINED 0126 25000
HBO COMPANY COM 404100109 11213 325000 SH DEFINED 0106 325000
HBO COMPANY COM 404100109 17250 500000 SH DEFINED 011614 500000
HBO COMPANY COM 404100109 41885 1213972 SH DEFINED 0102 1213972
HBO COMPANY COM 404100109 5996 173800 SH DEFINED 0131 173800
HBO COMPANY COM 404100109 1528 44300 SH DEFINED 0103 44300
HCC INSURANCE COM 404132102 13860 660000 SH DEFINED 011516 660000
HSBC HOLDINGS ADR COM 404280307 66 605 SH DEFINED 01 605
HS RESOURCES COM 404297103 1763 100000 SH DEFINED 0106 100000
HS RESOURCES COM 404297103 8460 480000 SH DEFINED 0124 480000
HS RESOURCES COM 404297103 1710 97000 SH DEFINED 011614 97000
ALEX HAAGAN COM 40443E100 7891 535000 SH DEFINED 0113 535000
ALEX HAAGAN COM 40443E100 2950 200000 SH DEFINED 0132 200000
ALEX HAAGAN COM 40443E100 3835 260000 SH DEFINED 0107 260000
<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
HAEMONETICS CORP COM 405024100 3547 205600 SH DEFINED 011516 205600
HALLIBURTON COM 406216101 174 5264 SH DEFINED 0103 5264
HANDLEMAN COMPANY COM 410252100 18 1541 SH DEFINED 0103 1541
HANNA MA CO. COM 410522106 9500 400000 SH DEFINED 0108 400000
HANSON PLC ADR COM 411352305 24300 1350000 SH DEFINED 0130 1350000
HANSON PLC ADR COM 411352305 23400 1300000 SH DEFINED 0113 1300000
HANSON PLC ADR COM 411352305 9000 500000 SH DEFINED 0107 500000
HANSON PLC ADR COM 411352305 12600 700000 SH DEFINED 0131 700000
HANSON PLC ADR COM 411352305 497 27600 SH DEFINED 0103 27600
HANSON PLC ADR COM 411352305 9693 538500 SH DEFINED 01 538500
HARCOURT GENERAL CRP COM 41163G101 11416 325000 SH DEFINED 0108 325000
HARCOURT GENERAL CRP COM 41163G101 126 3590 SH DEFINED 0103 3590
HARLAND JOHN H COM 412693103 28 1381 SH DEFINED 0103 1381
HARMAN INTERNATIONAL COM 413086109 11100 300000 SH DEFINED 0111 300000
HARMAN INTERNATIONAL COM 413086109 2309 62400 SH DEFINED 011622 62400
HARMAN INTERNATIONAL COM 413086109 5117 138300 SH DEFINED 011623 138300
HARMAN INTERNATIONAL COM 413086109 1221 33000 SH DEFINED 011619 33000
HARMAN INTERNATIONAL COM 413086109 132 3600 SH DEFINED 0102 3600
HARNISCHFEGER IND COM 413345109 33 1172 SH DEFINED 0103 1172
HARRIS CORP COM 413875105 13 300 SH DEFINED 0102 300
HARRIS CORP COM 413875105 78 1831 SH DEFINED 0103 1831
HARRIS COMPUTER SYS COM 413947102 0 15 SH DEFINED 0102 15
HARTEBEEST ADR COM 416198406 929 205000 SH DEFINED 0127 205000
HARTMARX CORP COM 417119104 1736 295465 SH DEFINED 0103 295465
HASBRO INC COM 418056107 4388 150000 SH DEFINED 0128 150000
HASBRO INC COM 418056107 1240 42400 SH DEFINED 0125 42400
HASBRO INC COM 418056107 28244 965520 SH DEFINED 0102 483100 482420
HASBRO INC COM 418056107 10661 364500 SH DEFINED 0131 364500
HASBRO INC COM 418056107 1619 55349 SH DEFINED 0103 25200 30149
HASBRO INC COM 418056107 910 31100 SH DEFINED 01 31100
HAT BRANDS WTS8/2002 WARRANT 4187309X7 994 90345 SH DEFINED 0109 90345
HAWAII ELEC $100 PREFERRED STOCK 419990197 2056 20000 SH DEFINED 0105 20000
MAUI ELEC $100 PREFERRED STOCK 419990205 2570 25000 SH DEFINED 0105 25000
HAYES WHEELS COM 420804106 6450 300000 SH DEFINED 0124 300000
HEALTHCARE SVC GROUP COM 421906108 675 50000 SH DEFINED 011619 50000
HEALTHSOUTH REHABILI COM 421924101 6290 170000 SH DEFINED 0106 170000
HEALTHSOUTH REHABILI COM 421924101 29600 800000 SH DEFINED 0111 800000
HEALTHSOUTH REHABILI COM 421924101 2305 62300 SH DEFINED 011622 62300
HEALTHSOUTH REHABILI COM 421924101 5132 138700 SH DEFINED 011623 138700
HEALTHSOUTH REHABILI COM 421924101 1850 50000 SH DEFINED 011619 50000
HEALTHSOUTH REHABILI COM 421924101 1850 50000 SH DEFINED 011620 50000
HEALTHSOUTH REHABILI COM 421924101 10123 273600 SH DEFINED 011614 273600
HEALTHSOUTH REHABILI COM 421924101 8653 233800 SH DEFINED 0102 233800
HEALTHSOUTH REHABILI COM 421924101 3460 93500 SH DEFINED 0131 93500
HEALTHSOUTH REHABILI COM 421924101 411 11100 SH DEFINED 0103 11100
HEALTH MGMT ASSOC COM 421933102 12500 500000 SH DEFINED 0126 500000
HEALTH MGMT ASSOC COM 421933102 10815 432475 SH DEFINED 0102 432475
HEALTH MGMT ASSOC COM 421933102 196 7850 SH DEFINED 0103 7850
HEALTH MGMT INC COM 42219B104 8938 500000 SH DEFINED 011516 500000
HEALTH MGMT SYSTEMS COM 42219M100 5320 160000 SH DEFINED 011516 160000
<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
HEALTHSOURCE INC COM 42221E104 5314 130000 SH DEFINED 0106 130000
HEALTHSOURCE INC COM 42221E104 1022 25000 SH DEFINED 011619 25000
HEALTHSOURCE INC COM 42221E104 8175 200000 SH DEFINED 011614 200000
HEALTHSOURCE INC COM 42221E104 19894 486700 SH DEFINED 0102 486700
HEALTHSOURCE INC COM 42221E104 1848 45200 SH DEFINED 0131 45200
HEALTHSOURCE INC COM 42221E104 458 11200 SH DEFINED 0103 11200
HEART TECHNOLOGY COM 42233W100 3400 170000 SH DEFINED 0106 170000
HEART TECHNOLOGY COM 42233W100 800 40000 SH DEFINED 011619 40000
HEART TECHNOLOGY COM 42233W100 5300 265000 SH DEFINED 011614 265000
HEARTLAND EXPRESS IN COM 422347104 2400 80000 SH DEFINED 0106 80000
HEARTLAND EXPRESS IN COM 422347104 3600 120000 SH DEFINED 011614 120000
HEILIG MEYERS CO COM 422893107 10 400 SH DEFINED 0102 400
HEILIG MEYERS CO COM 422893107 179 7100 SH DEFINED 0103 7100
HEINZ H.J. COM 423074103 18 500 SH DEFINED 0102 500
HEINZ H.J. COM 423074103 427 11609 SH DEFINED 0103 11609
HELMERICH & PAYNE COM 423452101 29 1138 SH DEFINED 0103 1138
HERCULES INC COM 427056106 220 1911 SH DEFINED 0103 1911
HERSHEY FOODS COM 427866108 73968 1529073 SH DEFINED 0103 1525033 4040
HEWLETT PACKARD COM 428236103 7990 80000 SH DEFINED 0108 80000
HEWLETT PACKARD COM 428236103 49938 500000 SH DEFINED 0126 500000
HEWLETT PACKARD COM 428236103 330 3300 SH DEFINED 0125 3300
HEWLETT PACKARD COM 428236103 2527 25300 SH DEFINED 011622 25300
HEWLETT PACKARD COM 428236103 5613 56200 SH DEFINED 011623 56200
HEWLETT PACKARD COM 428236103 17978 180000 SH DEFINED 011516 180000
HEWLETT PACKARD COM 428236103 16979 170000 SH DEFINED 011618 170000
HEWLETT PACKARD COM 428236103 730 7300 SH DEFINED 0102 7300
HEWLETT PACKARD COM 428236103 1305 13063 SH DEFINED 0103 13063
HILLHAVEN COM 431576206 6800 320000 SH DEFINED 011516 320000
HILLHAVEN COM 431576206 746 35100 SH DEFINED 011618 35100
HILLHAVEN COM 431576206 13 600 SH DEFINED 0102 600
HILLHAVEN COM 431576206 3695 173900 SH DEFINED 0131 173900
HILLHAVEN COM 431576206 176 8300 SH DEFINED 0103 8300
HILTON HOTELS COM 432848109 21560 320000 SH DEFINED 0126 320000
HILTON HOTELS COM 432848109 1321 19600 SH DEFINED 0125 19600
HILTON HOTELS COM 432848109 2203 32700 SH DEFINED 011622 32700
HILTON HOTELS COM 432848109 4885 72500 SH DEFINED 011623 72500
HILTON HOTELS COM 432848109 14560 216213 SH DEFINED 0102 48900 167313
HILTON HOTELS COM 432848109 1170 17378 SH DEFINED 0103 6750 10628
HILTON HOTELS COM 432848109 5295 78600 SH DEFINED 01 78600
HOLLYWOOD ENTERTAINM COM 436141105 1664 55000 SH DEFINED 0106 55000
HOLLYWOOD ENTERTAINM COM 436141105 1210 40000 SH DEFINED 011619 40000
HOLLYWOOD ENTERTAINM COM 436141105 2420 80000 SH DEFINED 011614 80000
HOME DEPOT CONV BOND 437076AD4 120 100000 PRN DEFINED 0102 100000
HOME DEPOT INC COM 437076102 4310 93700 SH DEFINED 0130 93700
HOME DEPOT INC COM 437076102 3740 81300 SH DEFINED 0108 81300
HOME DEPOT INC COM 437076102 46000 1000000 SH DEFINED 0126 1000000
HOME DEPOT INC COM 437076102 27600 600000 SH DEFINED 0111 600000
HOME DEPOT INC COM 437076102 23000 500000 SH DEFINED 0124 500000
HOME DEPOT INC COM 437076102 2907 63200 SH DEFINED 0125 63200
HOME DEPOT INC COM 437076102 7236 157300 SH DEFINED 011622 157300
<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
HOME DEPOT INC COM 437076102 16031 348500 SH DEFINED 011623 348500
HOME DEPOT INC COM 437076102 13800 300000 SH DEFINED 011618 300000
HOME DEPOT INC COM 437076102 134530 2924415 SH DEFINED 0102 1020702 1903713
HOME DEPOT INC COM 437076102 12599 273900 SH DEFINED 0131 273900
HOME DEPOT INC COM 437076102 4775 103815 SH DEFINED 0103 56250 47565
HOME DEPOT INC COM 437076102 11517 250366 SH DEFINED 01 250366
HOME PROPERTIES COM 437306103 4121 210000 SH DEFINED 0132 210000
HOME PROPERTIES COM 437306103 3140 160000 SH DEFINED 0107 160000
HOME SHOPPING NETWRK COM 437351109 6000 600000 SH DEFINED 011618 600000
HOMESTAKE MINING COM 437614100 108 6329 SH DEFINED 0103 6329
HONEYWELL COM 438506107 190 6026 SH DEFINED 0103 6026
HONEYWELL COM 438506107 788 25000 SH DEFINED 01 25000
HONG KONG TELCOM ADR COM 438579203 464 24273 SH DEFINED 0102 24273
HONG KONG LAND HLDGS COM 438581209 242 24780 SH DEFINED 01 24780
HORACE MANN EDUCATOR COM 440327104 8700 409400 SH DEFINED 011516 409400
HORIZON HEALTHCARE C COM 44042H100 3080 110000 SH DEFINED 0106 110000
HORIZON HEALTHCARE C COM 44042H100 1820 65000 SH DEFINED 011620 65000
HORIZON HEALTHCARE C COM 44042H100 5320 190000 SH DEFINED 011614 190000
HORMEL COM 440452100 6435 260000 SH DEFINED 0128 260000
HORMEL COM 440452100 5866 237000 SH DEFINED 0131 237000
HOSP FRANCHISE SYS CONV BOND 440912AB9 960 1000000 PRN DEFINED 0106 1000000
HOSP FRANCHISE SYS CONV BOND 440912AB9 1248 1300000 PRN DEFINED 011614 1300000
HOSPITALITY FRANCHIS COM 440912103 22525 850000 SH DEFINED 0126 850000
HOSPITALITY FRANCHIS COM 440912103 4240 160000 SH DEFINED 0106 160000
HOSPITALITY FRANCHIS COM 440912103 1325 50000 SH DEFINED 011619 50000
HOSPITALITY FRANCHIS COM 440912103 6360 240000 SH DEFINED 011614 240000
HOSPITALITY FRANCHIS COM 440912103 13139 495800 SH DEFINED 0102 495800
HOSPITALITY FRANCHIS COM 440912103 1545 58300 SH DEFINED 0131 58300
HOSPITALITY FRANCHIS COM 440912103 271 10200 SH DEFINED 0103 10200
HOSIERY CORP "A"144A COM 441016102 10 10000 SH DEFINED 0109 10000
HOUGHTON MIFFLIN CO COM 441560109 9075 200000 SH DEFINED 0108 200000
HOUSEHOLD INTL COM 441815107 18563 500000 SH DEFINED 0126 500000
HOUSEHOLD INTL COM 441815107 6497 175000 SH DEFINED 0107 175000
HOUSEHOLD INTL COM 441815107 1244 33500 SH DEFINED 011622 33500
HOUSEHOLD INTL COM 441815107 2770 74600 SH DEFINED 011623 74600
HOUSEHOLD INTL COM 441815107 48911 1317454 SH DEFINED 0102 473800 843654
HOUSEHOLD INTL COM 441815107 15507 417700 SH DEFINED 0131 417700
HOUSEHOLD INTL COM 441815107 880 23680 SH DEFINED 0103 4600 19080
HOUSTON INDUSTRIES COM 442161105 215 6028 SH DEFINED 0103 6028
HUANENG POWER INT'L COM 443304100 5900 400000 SH DEFINED 0124 400000
HUANENG POWER INT'L COM 443304100 41 2800 SH DEFINED 0102 2800
HUANENG POWER INT'L COM 443304100 5163 350000 SH DEFINED 0131 350000
HUMANA COM 444859102 15838 700000 SH DEFINED 011618 700000
HUMANA COM 444859102 18 800 SH DEFINED 0102 800
HUMANA COM 444859102 5401 238700 SH DEFINED 0131 238700
HUMANA COM 444859102 258 11400 SH DEFINED 0103 11400
HUTCHNSN WHAMPO ADR COM 448415208 442 21815 SH DEFINED 01 21815
HYLSAMEX 144A COM 448919100 827 50000 SH DEFINED 0111 50000
HYLSAMEX 144A COM 448919100 1142 69000 SH DEFINED 0124 69000
ICN PHARMACEUT NEW COM 448924100 1153 66855 SH DEFINED 011614 66855
<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
IBP INC COM 449223106 18150 600000 SH DEFINED 0126 600000
IES INDUSTRIES INC COM 44949M103 5050 200000 SH DEFINED 0132 200000
IES INDUSTRIES INC COM 44949M103 6868 272012 SH DEFINED 0103 272012
IDSTC INCOME FUND II COM 449496108 230879 15851690 SH DEFINED 0103 8545809 7305881
IMCO RECYCLING INC COM 449681105 908 60000 SH DEFINED 011619 60000
INSTY-PRINT COM 449804103 289 70000 SH DEFINED 011619 70000
IRSA 144A GDS COM 450047105 3975 150000 SH DEFINED 0135 150000
ISRA COM 450047204 2981 112500 SH DEFINED 0135 112500
I-STAT CORP COM 450312103 1520 80000 SH DEFINED 0106 80000
I-STAT CORP COM 450312103 3040 160000 SH DEFINED 011614 160000
ITTI TECH COM 450564109 1475 65000 SH DEFINED 011619 65000
ITT CORP COM 450679105 64314 725694 SH DEFINED 0102 226750 498944
ITT CORP COM 450679105 1375 15521 SH DEFINED 0103 10100 5421
ITT CORP COM 450679105 6435 72600 SH DEFINED 01 72600
IFINT DVSD HLDGS COM 45099C100 2121 42418 SH DEFINED 0109 42418
IDEXX LABS INC COM 45168D104 12359 343300 SH DEFINED 0106 343300
IDEXX LABS INC COM 45168D104 3960 110000 SH DEFINED 011619 110000
IDEXX LABS INC COM 45168D104 17071 474200 SH DEFINED 011614 474200
IDEXX LABS INC COM 45168D104 25411 705900 SH DEFINED 0102 705900
IDEXX LABS INC COM 45168D104 6044 167900 SH DEFINED 0131 167900
IDEXX LABS INC COM 45168D104 421 11700 SH DEFINED 0103 11700
ILLINOIS PWR SER P PREFERRED STOCK 452092810 5746 57460 SH DEFINED 0105 57460
ILLINOIS PWR SER P PREFERRED STOCK 452092810 2391 23905 SH DEFINED 01 23905
ILLINOIS PWR SER P PREFERRED STOCK 452092810 598 5980 SH DEFINED 0116 5980
ILLINOIS PWR SER B PREFERRED STOCK 452092836 1952 45650 SH DEFINED 0116 45650
ILLINOIS PWR SER B PREFERRED STOCK 452092836 1924 45000 SH DEFINED 0116 45000
IL PWR SER A PREFERRED STOCK 452092851 1961 55250 SH DEFINED 01 55250
ILLINOIS TOOL WORKS COM 452308109 25156 575000 SH DEFINED 0130 575000
ILLINOIS TOOL WORKS COM 452308109 10938 250000 SH DEFINED 0108 250000
ILLINOIS TOOL WORKS COM 452308109 14219 325000 SH DEFINED 011516 325000
ILLINOIS TOOL WORKS COM 452308109 10938 250000 SH DEFINED 011618 250000
ILLINOIS TOOL WORKS COM 452308109 19373 442672 SH DEFINED 0102 162800 279872
ILLINOIS TOOL WORKS COM 452308109 228 5221 SH DEFINED 0103 5221
ILLINOVA CORP COM 452317100 3806 175000 SH DEFINED 0132 175000
IMAX CORP COM 45245E109 383 45000 SH DEFINED 0106 45000
IMAX CORP COM 45245E109 468 55000 SH DEFINED 011614 55000
IMPERIAL CHEM IN ADR COM 452704505 465 10000 SH DEFINED 0103 10000
INCO LIMITED CONV BOND 453258AK1 8931 8250000 PRN DEFINED 0107 8250000
INCO LIMITED COM 453258402 14313 500000 SH DEFINED 0124 500000
INCO LIMITED COM 453258402 1073 37500 SH DEFINED 011622 37500
INCO LIMITED COM 453258402 2387 83400 SH DEFINED 011623 83400
INCO LIMITED COM 453258402 8588 300000 SH DEFINED 011618 300000
INCO LIMITED COM 453258402 15339 535956 SH DEFINED 0102 154100 381856
INCO LIMITED COM 453258402 3512 122700 SH DEFINED 0131 122700
INCO LIMITED COM 453258402 1057 36962 SH DEFINED 0103 31600 5362
INCO LIMITED COM 453258402 4437 155000 SH DEFINED 01 155000
INDIA CEMENT ADR 144 COM 45408P107 3350 335000 SH DEFINED 0124 335000
INDIA PETRO GDS COM 454347105 1375 100000 SH DEFINED 0124 100000
INDRESCO INC COM 455905109 5700 400000 SH DEFINED 0128 400000
INDRESCO INC COM 455905109 2280 160000 SH DEFINED 0131 160000
<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
NATUZZI COM 456478106 7650 225000 SH DEFINED 0135 225000
NATUZZI COM 456478106 1700 50000 SH DEFINED 011619 50000
NATUZZI COM 456478106 14 400 SH DEFINED 0102 400
NATUZZI COM 456478106 2043 60100 SH DEFINED 0131 60100
NATUZZI COM 456478106 214 6300 SH DEFINED 0103 6300
INFINITY BROADCASTNG COM 456626100 886 28125 SH DEFINED 011614 28125
INFINITY BROADCASTNG COM 456626100 13328 423075 SH DEFINED 0102 423075
INFINITY BROADCASTNG COM 456626100 243 7725 SH DEFINED 0103 7725
INFORMIX CORP COM 456779107 5943 185000 SH DEFINED 0106 185000
INFORMIX CORP COM 456779107 1767 55000 SH DEFINED 011620 55000
INFORMIX CORP COM 456779107 10119 315000 SH DEFINED 011614 315000
INFORMIX CORP COM 456779107 13820 430200 SH DEFINED 0102 430200
INFORMIX CORP COM 456779107 6072 189000 SH DEFINED 0131 189000
INFORMIX CORP COM 456779107 571 17800 SH DEFINED 0103 17800
INGERSOLL-RAND CO COM 456866102 153 4864 SH DEFINED 0103 4864
INFORMATION RESOURCE COM 456905108 1375 100000 SH DEFINED 0106 100000
INFORMATION RESOURCE COM 456905108 10656 775000 SH DEFINED 011516 775000
INFORMATION RESOURCE COM 456905108 2063 150000 SH DEFINED 011614 150000
INLAND STEEL IND INC COM 457472108 67 1902 SH DEFINED 0103 1902
INPUT/OUTPUT INC COM 457652105 2126 90000 SH DEFINED 011620 90000
INSTRUMENT SYSTEMS C COM 457794303 3141 375000 SH DEFINED 0128 375000
INSURANCE AUTO AUCTS COM 457875102 3362 110000 SH DEFINED 011516 110000
INTEGRATED DEV TECH COM 458118106 1770 60000 SH DEFINED 0106 60000
INTEGRATED DEV TECH COM 458118106 1918 65000 SH DEFINED 011619 65000
INTEGRATED DEV TECH COM 458118106 2950 100000 SH DEFINED 011614 100000
INTEGRATED DEV TECH COM 458118106 5649 191500 SH DEFINED 0102 191500
INTEGRATED DEV TECH COM 458118106 106 3600 SH DEFINED 0103 3600
INTEL COM 458140100 11178 175000 SH DEFINED 0130 175000
INTEL COM 458140100 11178 175000 SH DEFINED 0108 175000
INTEL COM 458140100 102200 1600000 SH DEFINED 0126 1600000
INTEL COM 458140100 6388 100000 SH DEFINED 0111 100000
INTEL COM 458140100 41519 650000 SH DEFINED 0124 650000
INTEL COM 458140100 319 5000 SH DEFINED 0125 5000
INTEL COM 458140100 4893 76600 SH DEFINED 011622 76600
INTEL COM 458140100 10840 169700 SH DEFINED 011623 169700
INTEL COM 458140100 25550 400000 SH DEFINED 011618 400000
INTEL COM 458140100 1597 25000 SH DEFINED 011620 25000
INTEL COM 458140100 12775 200000 SH DEFINED 011614 200000
INTEL COM 458140100 229481 3592636 SH DEFINED 0102 1304800 2287836
INTEL COM 458140100 15560 243600 SH DEFINED 0131 243600
INTEL COM 458140100 5514 86335 SH DEFINED 0103 64950 21385
INTEL COM 458140100 29670 464500 SH DEFINED 01 464500
INTER-REGL FINL GRP COM 458351103 1350 60000 SH DEFINED 0128 60000
INTERCO WTS SERIES 1 WARRANT 458507118 286 51933 SH DEFINED 0109 51933
INTERIM COM 45868P100 8003 325000 SH DEFINED 011516 325000
INTERGRAPH CORP COM 458683109 17 2092 SH DEFINED 0103 2092
INTERMAGNETICS GEN CONV BOND 458771AB8 1820 2000000 PRN DEFINED 0107 2000000
INTL BUSINESS MACH COM 459200101 22050 300000 SH DEFINED 0126 300000
INTL BUSINESS MACH COM 459200101 18375 250000 SH DEFINED 0113 250000
INTL BUSINESS MACH COM 459200101 1971 26811 SH DEFINED 0103 26811
<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
INTL FAMILY ENTER COM 45950M106 2485 196800 SH DEFINED 0111 196800
INTL FLAVORS & FRAG COM 459506101 925 20000 SH DEFINED 0126 20000
INTL FLAVORS & FRAG COM 459506101 239 5168 SH DEFINED 0103 5168
INTL GAME TECHNOLOGY COM 459902102 5580 360000 SH DEFINED 0126 360000
INTL GAME TECHNOLOGY COM 459902102 1550 100000 SH DEFINED 0106 100000
INTL GAME TECHNOLOGY COM 459902102 12400 800000 SH DEFINED 0124 800000
INTL GAME TECHNOLOGY COM 459902102 1116 72000 SH DEFINED 011622 72000
INTL GAME TECHNOLOGY COM 459902102 2478 159900 SH DEFINED 011623 159900
INTL GAME TECHNOLOGY COM 459902102 3410 220000 SH DEFINED 011614 220000
INTL GAME TECHNOLOGY COM 459902102 294 19018 SH DEFINED 0102 19018
INTERNATIONAL PAPER COM 460146103 10553 140000 SH DEFINED 011618 140000
INTERNATIONAL PAPER COM 460146103 69695 924592 SH DEFINED 0102 399300 525292
INTERNATIONAL PAPER COM 460146103 1622 21514 SH DEFINED 0103 15800 5714
INTERNATIONAL PAPER COM 460146103 4899 65000 SH DEFINED 01 65000
INTERPORE INTER COM 46062W107 543 70000 SH DEFINED 011619 70000
INTERPORE INTER COM 46062W107 1364 176000 SH DEFINED 011614 176000
INTERPUBLIC GROUP COM 460690100 112 3472 SH DEFINED 0103 3472
INTERVOICE INC COM 461142101 688 50000 SH DEFINED 011619 50000
INTERVOICE INC COM 461142101 1788 130000 SH DEFINED 011620 130000
INTUIT COM 461202103 7142 107000 SH DEFINED 0106 107000
INTUIT COM 461202103 10547 158000 SH DEFINED 011614 158000
IOMEGA CORP COM 462030107 1219 375000 SH DEFINED 0128 375000
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 7609 73300 SH DEFINED 0105 73300
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 3633 35000 SH DEFINED 01 35000
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 2751 26500 SH DEFINED 0116 26500
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 1038 10000 SH DEFINED 0116 10000
ITRON INC COM 465741106 3341 165000 SH DEFINED 0106 165000
IWERKS ENT COM 465916104 95 20000 SH DEFINED 0106 20000
IWERKS ENT COM 465916104 95 20000 SH DEFINED 011614 20000
JDN REALTY CORP COM 465917102 1062 53100 SH DEFINED 0132 53100
JCT LTD INDIA GDR COM 466125101 3355 220000 SH DEFINED 0124 220000
JK CORP GDR 144A COM 466188109 4960 737500 SH DEFINED 0124 737500
JP REALTY COM 46624A106 2835 135000 SH DEFINED 0107 135000
JWP INC COM 466265105 1 1159292 SH DEFINED 0103 147103 1012189
JACOBS ENGR GROUP COM 469814107 5550 300000 SH DEFINED 0126 300000
JAMES RIVER COM 470349101 75 3718 SH DEFINED 0103 3718
JAMES RIVER SRP17.25 CONV PFD STOCK 470349887 7189 355000 SH DEFINED 0107 355000
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 26 500 SH DEFINED 0125 500
JEFFERSON PILOT COM 475070108 5 100 SH DEFINED 0102 100
JEFFERSON PILOT COM 475070108 128 2481 SH DEFINED 0103 2481
JEFFERSON SMURFIT COM 475087102 11390 670000 SH DEFINED 0124 670000
JOHN NUVEEN COM 478035108 1546 67572 SH DEFINED 0103 67572
JOHNSON & JOHNSON COM 478160104 21900 400000 SH DEFINED 0126 400000
JOHNSON & JOHNSON COM 478160104 10950 200000 SH DEFINED 0111 200000
JOHNSON & JOHNSON COM 478160104 16425 300000 SH DEFINED 0124 300000
JOHNSON & JOHNSON COM 478160104 197 3600 SH DEFINED 0125 3600
JOHNSON & JOHNSON COM 478160104 5475 100000 SH DEFINED 011618 100000
JOHNSON & JOHNSON COM 478160104 29 545 SH DEFINED 0102 545
<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
JOHNSON & JOHNSON COM 478160104 16261 297000 SH DEFINED 0131 297000
JOHNSON & JOHNSON COM 478160104 2346 42852 SH DEFINED 0103 42852
JOHNSON & JOHNSON COM 478160104 8377 153000 SH DEFINED 01 20000 133000
JOHNSON CONTROLS COM 478366107 92 1869 SH DEFINED 0103 1869
JONES APPAREL GROUP COM 480074103 258 10000 SH DEFINED 01 10000
JOSTENS A. INC. COM 481088102 39 2096 SH DEFINED 0103 2096
KLA INSTRUMENTS COM 482480100 1715 35000 SH DEFINED 0106 35000
KLA INSTRUMENTS COM 482480100 2450 50000 SH DEFINED 011614 50000
KLA INSTRUMENTS COM 482480100 5448 111200 SH DEFINED 0102 111200
KLA INSTRUMENTS COM 482480100 103 2100 SH DEFINED 0103 2100
KLM ROYAL DUTCH AIR COM 482516101 7350 300000 SH DEFINED 0111 300000
KLM ROYAL DUTCH AIR COM 482516101 75 3000 SH DEFINED 0102 3000
K-MART CORPORATION COM 482584109 16250 1250000 SH DEFINED 0113 1250000
K-MART CORPORATION COM 482584109 245 18846 SH DEFINED 0103 18846
KAISER ALUM PRC 7.25 CONV PFD STOCK 483007209 2160 270000 SH DEFINED 011618 270000
KAISER ALUM PRIDE PREFERRED STOCK 483007407 2922 275000 SH DEFINED 0132 275000
KAISER ALUM PRIDE PREFERRED STOCK 483007407 5844 550000 SH DEFINED 0107 550000
KASH & KARRY C COM 485773980 16 3250 SH DEFINED 0109 3250
KASH & KARRY B COM 485773998 5 1625 SH DEFINED 0109 1625
KAUFMAN & BROAD HOME COM 486168107 19 1499 SH DEFINED 0103 1499
KAYDON CORP COM 486587108 4320 180000 SH DEFINED 0128 180000
KELLEY OIL & GAS PTR COM 487736100 4 1000 SH DEFINED 0102 1000
KELLOGG CO. COM 487836108 603 10374 SH DEFINED 0103 10374
KELLOGG CO. COM 487836108 1163 20000 SH DEFINED 01 20000
KEMIRA ADR COM 488365107 6365 450000 SH DEFINED 0124 450000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 13069 850000 SH DEFINED 0130 850000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 3037 197500 SH DEFINED 0132 197500
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 3037 197500 SH DEFINED 0107 197500
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 1691 110000 SH DEFINED 011620 110000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 588 38255 SH DEFINED 01 38255
KERR MCGEE COM 492386107 108 2339 SH DEFINED 0103 2339
KEYCORP NEW COM 493267108 8250 330000 SH DEFINED 0131 330000
KEYCORP NEW COM 493267108 628 25139 SH DEFINED 0103 25139
KIMBERLY CLARK COM 494368103 29038 575000 SH DEFINED 0130 575000
KIMBERLY CLARK COM 494368103 8333 165000 SH DEFINED 0107 165000
KIMBERLY CLARK COM 494368103 18433 365000 SH DEFINED 011516 365000
KIMBERLY CLARK COM 494368103 375 7428 SH DEFINED 0103 7428
KINGWORLD PRODUCTION COM 495667107 3450 100000 SH DEFINED 0124 100000
KINGWORLD PRODUCTION COM 495667107 59 1722 SH DEFINED 0103 1722
KLOOF GOLD MININGADR COM 498746502 731 50000 SH DEFINED 0127 50000
KNIGHT-RIDDER INC. COM 499040103 126 2502 SH DEFINED 0103 2502
KNIGHT TRANSPORTATIO COM 499064103 577 40500 SH DEFINED 0106 40500
KOHLS CORP COM 500255104 1391 35000 SH DEFINED 0106 35000
KOHLS CORP COM 500255104 2385 60000 SH DEFINED 011614 60000
KOMAG COM 500453105 3370 129000 SH DEFINED 0106 129000
KOMAG COM 500453105 1959 75000 SH DEFINED 011619 75000
KOMAG COM 500453105 5121 196000 SH DEFINED 011614 196000
KOMAG COM 500453105 7617 291600 SH DEFINED 0102 291600
KOMAG COM 500453105 3979 152300 SH DEFINED 0131 152300
KOMAG COM 500453105 345 13200 SH DEFINED 0103 13200
<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
KEPCO COM 500631106 3634 170000 SH DEFINED 0132 170000
KRANZCO REALTY COM 50076E103 4275 225000 SH DEFINED 0113 225000
KRANZCO REALTY COM 50076E103 5700 300000 SH DEFINED 0107 300000
KRANZCO REALTY COM 50076E103 2223 117000 SH DEFINED 01 117000
KROGER CO. COM 501044101 120 4986 SH DEFINED 0103 4986
KYOCERA CORP ADR COM 501556203 36 240 SH DEFINED 01 240
LG AND E ENERGY CORP COM 501917108 6084 165000 SH DEFINED 0132 165000
LTV CORP NEW COM 501921100 3398 209100 SH DEFINED 011618 209100
LTV CORP NEW COM 501921100 49331 3036085 SH DEFINED 0102 1110400 1925685
LTV CORP NEW COM 501921100 516 31750 SH DEFINED 0103 31750
LTV CORP NEW COM 501921100 4388 270000 SH DEFINED 01 270000
LSB INDUSTRIES $50 CONV PFD STOCK 502160500 3500 100000 SH DEFINED 0124 100000
LSB INDUSTRIES $50 CONV PFD STOCK 502160500 1750 50000 SH DEFINED 0107 50000
LSI LOGIC COM 502161102 17765 440000 SH DEFINED 0126 440000
LSI LOGIC COM 502161102 24 600 SH DEFINED 0102 600
LSI LOGIC COM 502161102 7494 185600 SH DEFINED 0131 185600
LSI LOGIC COM 502161102 359 8900 SH DEFINED 0103 8900
LTC PROPERTIES COM 502175102 5300 400000 SH DEFINED 0113 400000
LTC PROPERTIES COM 502175102 3975 300000 SH DEFINED 0132 300000
LTC PROPERTIES COM 502175102 3975 300000 SH DEFINED 0107 300000
LVMH MOET HENNESSEY COM 502441207 450 14285 SH DEFINED 01 14285
LAM RESEARCH CORP COM 512807108 4843 130000 SH DEFINED 0106 130000
LAM RESEARCH CORP COM 512807108 1118 30000 SH DEFINED 011619 30000
LAM RESEARCH CORP COM 512807108 7450 200000 SH DEFINED 011614 200000
LAM RESEARCH CORP COM 512807108 10451 280600 SH DEFINED 0102 280600
LAM RESEARCH CORP COM 512807108 196 5250 SH DEFINED 0103 5250
LANDMARK GRAPHICS CO COM 514913102 1710 95000 SH DEFINED 011620 95000
LANDAMARK COMM COM 515090108 3056 15530 SH DEFINED 0102 15530
LARSEN TOUBRO 144 COM 51729V104 2975 200000 SH DEFINED 0124 200000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 7623 150000 SH DEFINED 01 150000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 3049 60000 SH DEFINED 0116 60000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 2033 40000 SH DEFINED 0116 40000
LATTICE SEMICONDUCTR COM 518415104 2012 120100 SH DEFINED 011614 120100
LAYNE INCORPORATED COM 521050104 5 688 SH DEFINED 0103 688
LEASEWAY TRANSPORT COM 522075100 8026 721428 SH DEFINED 0109 721428
LEGENT CORP COM 52465R109 1581 55000 SH DEFINED 011620 55000
LEGENT CORP COM 52465R109 2645 92000 SH DEFINED 01 92000
LEHMAN BROS HOLDINGS COM 524908100 554 37589 SH DEFINED 01 37589
LENNAR CORP COM 526057104 8138 525000 SH DEFINED 0108 525000
LEUCADIA NAT'L CONV BOND 527288AG9 3246 3500000 PRN DEFINED 0104 3500000
LEUCADIA NAT'L CONV BOND 527288AG9 1855 2000000 PRN DEFINED 0131 2000000
ELI LILLY COM 532457108 433 6600 SH DEFINED 0125 6600
ELI LILLY COM 532457108 8203 125000 SH DEFINED 0107 125000
ELI LILLY COM 532457108 59 900 SH DEFINED 0102 900
ELI LILLY COM 532457108 1070 16300 SH DEFINED 0103 16300
THE LIMITED INC COM 532716107 12688 700000 SH DEFINED 0124 700000
THE LIMITED INC COM 532716107 303 16742 SH DEFINED 0103 16742
LIN BROADCASTING COM 532763109 30705 230000 SH DEFINED 011618 230000
LIN BROADCASTING COM 532763109 25310 189571 SH DEFINED 0102 7240 182331
LIN BROADCASTING COM 532763109 1255 9400 SH DEFINED 0103 9400
<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
LIN BROADCASTING COM 532763109 8 60 SH DEFINED 01 60
LIN TELEVISION CORP COM 532776101 2616 115000 SH DEFINED 011618 115000
LIN TELEVISION CORP COM 532776101 2219 97541 SH DEFINED 0102 3620 93921
LIN TELEVISION CORP COM 532776101 131 5750 SH DEFINED 0103 5750
LINCARE HOLDINGS INC COM 532791100 1102 38000 SH DEFINED 011619 38000
LINCOLN NAT COM 534187109 7875 225000 SH DEFINED 0107 225000
LINCOLN NAT COM 534187109 152 4345 SH DEFINED 0103 4345
LINEAR TECHNOLOGY COM 535678106 25740 520000 SH DEFINED 0126 520000
LINEAR TECHNOLOGY COM 535678106 6683 135000 SH DEFINED 0106 135000
LINEAR TECHNOLOGY COM 535678106 1238 25000 SH DEFINED 011619 25000
LINEAR TECHNOLOGY COM 535678106 9405 190000 SH DEFINED 011614 190000
LINEAR TECHNOLOGY COM 535678106 19619 396350 SH DEFINED 0102 396350
LINEAR TECHNOLOGY COM 535678106 8168 165000 SH DEFINED 0131 165000
LINEAR TECHNOLOGY COM 535678106 327 6600 SH DEFINED 0103 6600
LIZ CLAIBORNE COM 539320101 4312 255559 SH DEFINED 0103 251923 3636
LOCKHEED CORP COM 539821108 208 2867 SH DEFINED 0103 2867
LONE STAR STEAK HS COM 542307103 404 20203 SH DEFINED 0102 20203
LONG ISLAND LIGHTING PREFERRED STOCK 5426719A2 615 6132 SH DEFINED 0105 6132
LONGS DRUG STORES COM 543162101 30 959 SH DEFINED 0103 959
LONGVIEW FIBRE WASH COM 543213102 3780 240000 SH DEFINED 0128 240000
LONGVIEW FIBRE WASH COM 543213102 3654 232000 SH DEFINED 0131 232000
LONGVIEW FIBRE WASH COM 543213102 167 10600 SH DEFINED 0103 10600
LORAL COM 543859102 145 3831 SH DEFINED 0103 3831
LOTUS DEV CORP COM 545700106 11121 271200 SH DEFINED 0102 52500 218700
LOTUS DEV CORP COM 545700106 86 2097 SH DEFINED 0103 2097
LOUISIANA LAND/EXP COM 546268103 218 6000 SH DEFINED 0125 6000
LOUISIANA LAND/EXP COM 546268103 29 800 SH DEFINED 0102 800
LOUISIANA LAND/EXP COM 546268103 151 4130 SH DEFINED 0103 4130
LOUISIANA PAC. COM 546347105 138 5076 SH DEFINED 0103 5076
LOWE'S CO'S COM 548661107 251 7235 SH DEFINED 0103 7235
LUBRIZOL CORP COM 549271104 25406 750000 SH DEFINED 0113 750000
LUBRIZOL CORP COM 549271104 11856 350000 SH DEFINED 0131 350000
LUBRIZOL CORP COM 549271104 474 14000 SH DEFINED 0103 14000
LUBY'S CAFETERIES COM 549282101 27 1191 SH DEFINED 0103 1191
LUKENS INC COM 549866101 23300 800000 SH DEFINED 0130 800000
LUKENS INC COM 549866101 1940 66600 SH DEFINED 01 66600
LUND INTL HLDGS INC COM 550368104 908 55000 SH DEFINED 011619 55000
LYONDELL PETROCHEM COM 552078107 6469 250000 SH DEFINED 0124 250000
LYONDELL PETROCHEM COM 552078107 21799 842380 SH DEFINED 0102 210700 631680
LYONDELL PETROCHEM COM 552078107 226 8750 SH DEFINED 0103 8750
LYONDELL PETROCHEM COM 552078107 370 14300 SH DEFINED 01 14300
MA/COM COM 552618100 9 1177 SH DEFINED 0103 1177
MBNA COM 55262L100 46750 2000000 SH DEFINED 0126 2000000
MBNA COM 55262L100 6545 280000 SH DEFINED 0107 280000
MBNA COM 55262L100 1403 60000 SH DEFINED 011622 60000
MBNA COM 55262L100 2805 120000 SH DEFINED 011623 120000
MBNA COM 55262L100 568 24276 SH DEFINED 0102 24276
MBNA COM 55262L100 13892 594300 SH DEFINED 0131 594300
MBNA COM 55262L100 779 33338 SH DEFINED 0103 6850 26488
MCI COMMUNICATIONS COM 552673105 6431 350000 SH DEFINED 0132 350000
<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
MCI COMMUNICATIONS COM 552673105 22050 1200000 SH DEFINED 0124 1200000
MCI COMMUNICATIONS COM 552673105 505 27500 SH DEFINED 0125 27500
MCI COMMUNICATIONS COM 552673105 13781 750000 SH DEFINED 011618 750000
MCI COMMUNICATIONS COM 552673105 10218 555980 SH DEFINED 0102 212600 343380
MCI COMMUNICATIONS COM 552673105 1079 58731 SH DEFINED 0103 22000 36731
MCI COMMUNICATIONS COM 552673105 3436 187000 SH DEFINED 01 187000
MFS COMM COM 55272T101 3275 100000 SH DEFINED 0111 100000
MFS COMM COM 55272T101 3275 100000 SH DEFINED 0132 100000
MFS COMM COM 55272T101 13100 400000 SH DEFINED 011516 400000
MFS COMM COM 55272T101 1474 45000 SH DEFINED 011619 45000
MFS COMM COM 55272T101 2424 74000 SH DEFINED 01 74000
MGIC INVESTMENT CORP COM 552848103 33125 1000000 SH DEFINED 011516 1000000
MGI PROPERTIES COM 552885105 1050 75000 SH DEFINED 0132 75000
MACFRUGALS BARGAINS COM 554152108 4680 234000 SH DEFINED 0128 234000
MADECO COM 556304103 4373 165000 SH DEFINED 0130 165000
MADECO COM 556304103 6625 250000 SH DEFINED 0135 250000
MADECO COM 556304103 2955 111500 SH DEFINED 01 111500
MADERAS Y SINTETICOS COM 556465102 421 16495 SH DEFINED 01 16495
MAGNA INTL COM 559222401 26863 700000 SH DEFINED 0126 700000
MAGNA INTL COM 559222401 2314 60300 SH DEFINED 011622 60300
MAGNA INTL COM 559222401 5138 133900 SH DEFINED 011623 133900
MAGNETEK INC COM 559424106 2025 150000 SH DEFINED 011620 150000
MAGNETEK INC COM 559424106 3524 261000 SH DEFINED 01 261000
MALAN REALTY INV CVT CONV BOND 561063AA6 3028 3500000 PRN DEFINED 0104 3500000
MALAN REALTY INV CVT CONV BOND 561063AA6 2379 2750000 PRN DEFINED 0109 2750000
MALAN REALTY INV CVT CONV BOND 561063AA6 2379 2750000 PRN DEFINED 011621 2750000
MALAN REALTY INV CVT CONV BOND 561063AA6 865 1000000 PRN DEFINED 0131 1000000
MALAN REALTY COM 561063108 2341 175000 SH DEFINED 0132 175000
MALAN REALTY COM 561063108 3009 225000 SH DEFINED 0107 225000
MALLINCKRODT GROUP COM 561226101 106 3543 SH DEFINED 0103 3543
MANOR CARE INC COM 564054104 958 35000 SH DEFINED 011619 35000
MANOR CARE INC COM 564054104 79 2872 SH DEFINED 0103 2872
MANPOWER INC-WIS COM 56418H100 38250 1360000 SH DEFINED 0126 1360000
MANPOWER INC-WIS COM 56418H100 1927 68500 SH DEFINED 011622 68500
MANPOWER INC-WIS COM 56418H100 4244 150900 SH DEFINED 011623 150900
MANPOWER INC-WIS COM 56418H100 1406 50000 SH DEFINED 011619 50000
MANUF HOME COM 564682102 3574 179800 SH DEFINED 0107 179800
MANUF HOME COM 564682102 5333 268335 SH DEFINED 01 268335
MARSH MCLENNAN CO COM 571748102 270 3409 SH DEFINED 0103 3409
MARRIOTT INTERNATION COM 571900109 16875 600000 SH DEFINED 0126 600000
MARRIOTT INTERNATION COM 571900109 5625 200000 SH DEFINED 0111 200000
MARRIOTT INTERNATION COM 571900109 70 2500 SH DEFINED 0102 2500
MARRIOTT INTERNATION COM 571900109 165 5869 SH DEFINED 0103 5869
MARTIN MARIETTA COM 572900108 2219 50000 SH DEFINED 0108 50000
MARTIN MARIETTA COM 572900108 193 4356 SH DEFINED 0103 4356
MARTIN MARIETTA COM 572900108 888 20000 SH DEFINED 01 20000
MARTIN MARIETTA COM 573284106 7100 400000 SH DEFINED 0108 400000
MARTIN MARIETTA COM 573284106 4083 230000 SH DEFINED 0128 230000
MARTIN MARIETTA COM 573284106 3106 175000 SH DEFINED 0124 175000
MARTIN MARIETTA COM 573284106 5325 300000 SH DEFINED 011516 300000
<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
MARVEL ENTERTAINMENT COM 573913100 8456 593400 SH DEFINED 011516 593400
MARYLAND CABLE COM 574035200 4 378000 SH DEFINED 0109 378000
MASCO CORP COM 574599106 22625 1000000 SH DEFINED 0113 1000000
MASCO CORP COM 574599106 22625 1000000 SH DEFINED 0124 1000000
MASCO CORP COM 574599106 787 34690 SH DEFINED 0102 14700 19990
MASCO CORP COM 574599106 12444 550000 SH DEFINED 0131 550000
MASCO CORP COM 574599106 638 28220 SH DEFINED 0103 28220
MASCOTECH INC CONV BOND 574670AB1 3363 5000000 PRN DEFINED 0104 5000000
MASCOTECH INC CONV BOND 574670AB1 2354 3500000 PRN DEFINED 011621 3500000
MASCOTECH INC CONV BOND 574670AB1 1009 1500000 PRN DEFINED 0131 1500000
MATTEL INC. COM 577081102 21356 850000 SH DEFINED 0126 850000
MATTEL INC. COM 577081102 1570 62500 SH DEFINED 011622 62500
MATTEL INC. COM 577081102 3612 143750 SH DEFINED 011623 143750
MATTEL INC. COM 577081102 4996 198830 SH DEFINED 0102 28850 169980
MATTEL INC. COM 577081102 194 7729 SH DEFINED 0103 7729
MAXIM INTEGRATED COM 57772K101 1050 30000 SH DEFINED 0126 30000
MAXIM INTEGRATED COM 57772K101 3500 100000 SH DEFINED 0106 100000
MAXIM INTEGRATED COM 57772K101 21000 600000 SH DEFINED 0111 600000
MAXIM INTEGRATED COM 57772K101 4900 140000 SH DEFINED 011614 140000
MAXIM INTEGRATED COM 57772K101 18438 526800 SH DEFINED 0102 526800
MAXIM INTEGRATED COM 57772K101 266 7600 SH DEFINED 0103 7600
MAXUS ENERGY CORP COM 577730104 21 6197 SH DEFINED 0103 6197
MAY DEPT STORES COM 577778103 18563 550000 SH DEFINED 0113 550000
MAY DEPT STORES COM 577778103 11813 350000 SH DEFINED 0131 350000
MAY DEPT STORES COM 577778103 825 24451 SH DEFINED 0103 24451
MAY DEPT STORES COM 577778103 236 7000 SH DEFINED 01 7000
MAYFLOWER GROUP INC COM 578349102 61 6734 SH DEFINED 0103 6734
MAYTAG CO COM 578592107 19500 1300000 SH DEFINED 0113 1300000
MAYTAG CO COM 578592107 477 31800 SH DEFINED 0125 31800
MAYTAG CO COM 578592107 14453 962875 SH DEFINED 0102 384450 578425
MAYTAG CO COM 578592107 10500 700000 SH DEFINED 0131 700000
MAYTAG CO COM 578592107 1175 78222 SH DEFINED 0103 32800 45422
MCDERMOTT INTL COM 580037109 61 2458 SH DEFINED 0103 2458
MCDONALDS COM 580135101 70200 2400000 SH DEFINED 0126 2400000
MCDONALDS COM 580135101 2902 99200 SH DEFINED 0125 99200
MCDONALDS COM 580135101 2472 84500 SH DEFINED 011622 84500
MCDONALDS COM 580135101 5484 187500 SH DEFINED 011623 187500
MCDONALDS COM 580135101 26325 900000 SH DEFINED 011516 900000
MCDONALDS COM 580135101 11700 400000 SH DEFINED 011618 400000
MCDONALDS COM 580135101 32800 1121295 SH DEFINED 0102 301700 819595
MCDONALDS COM 580135101 3438 117538 SH DEFINED 0103 42600 74938
MCDONALDS COM 580135101 6848 234100 SH DEFINED 01 234100
MCDONNELL DOUGLASS COM 580169100 257 1813 SH DEFINED 0103 1813
MC GRAW-HILL COM 580645109 22738 340000 SH DEFINED 0130 340000
MC GRAW-HILL COM 580645109 9028 135000 SH DEFINED 0108 135000
MC GRAW-HILL COM 580645109 152 2279 SH DEFINED 0103 2279
MEAD CORP COM 582834107 134 2759 SH DEFINED 0103 2759
MEDAPHIS CORP COM 584028104 3720 80000 SH DEFINED 0106 80000
MEDAPHIS CORP COM 584028104 4650 100000 SH DEFINED 011619 100000
MEDAPHIS CORP COM 584028104 2093 45000 SH DEFINED 011620 45000
<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
MEDAPHIS CORP COM 584028104 5813 125000 SH DEFINED 011614 125000
MEDAPHIS CORP COM 584028104 538 11569 SH DEFINED 0102 11569
MEDAR INC. COM 584029102 1650 120000 SH DEFINED 0106 120000
MEDAR INC. COM 584029102 1238 90000 SH DEFINED 011619 90000
MEDAR INC. COM 584029102 2351 171000 SH DEFINED 011614 171000
MEDICAL CARE INTL CONV BOND 584505AC5 16800 20000000 PRN DEFINED 0130 20000000
MEDICAL CARE INTL CONV BOND 584505AC5 5460 6500000 PRN DEFINED 0124 6500000
MEDICUS SYSTEMS CORP COM 58469K107 2363 150000 SH DEFINED 0106 150000
MEDICUS SYSTEMS CORP COM 58469K107 1260 80000 SH DEFINED 011614 80000
MEDI SENSE COM 584960108 3238 140000 SH DEFINED 0106 140000
MEDITRUST COM 58501T108 12100 400000 SH DEFINED 0113 400000
MEDITRUST COM 58501T108 3630 120000 SH DEFINED 0132 120000
MEDTRONIC COM 585055106 47281 850000 SH DEFINED 0126 850000
MEDTRONIC COM 585055106 5301 95300 SH DEFINED 0111 95300
MEDTRONIC COM 585055106 16688 300000 SH DEFINED 0124 300000
MEDTRONIC COM 585055106 1869 33600 SH DEFINED 0125 33600
MEDTRONIC COM 585055106 5006 90000 SH DEFINED 011622 90000
MEDTRONIC COM 585055106 11125 200000 SH DEFINED 011623 200000
MEDTRONIC COM 585055106 16131 290000 SH DEFINED 011516 290000
MEDTRONIC COM 585055106 8122 146086 SH DEFINED 0102 23000 123086
MEDTRONIC COM 585055106 6519 117200 SH DEFINED 0131 117200
MEDTRONIC COM 585055106 1496 26890 SH DEFINED 0103 7200 19690
MEDTRONIC COM 585055106 100 1800 SH DEFINED 01 1800
MELLON BANK CORP COM 585509102 134 4390 SH DEFINED 0103 4390
MELVILLE CORP COM 585745102 18525 600000 SH DEFINED 0113 600000
MELVILLE CORP COM 585745102 8491 275000 SH DEFINED 0131 275000
MELVILLE CORP COM 585745102 545 17658 SH DEFINED 0103 17658
MENS WEARHOUSE INC COM 587118100 1125 50000 SH DEFINED 0106 50000
MENS WEARHOUSE INC COM 587118100 1395 62000 SH DEFINED 011614 62000
MENS WEARHOUSE INC COM 587118100 605 26878 SH DEFINED 0103 26878
MERCANTILE BANCORPOR COM 587342106 5859 187500 SH DEFINED 0128 187500
MERCANTILE BANCORPOR COM 587342106 3906 125000 SH DEFINED 0106 125000
MERCANTILE BANCORPOR COM 587342106 5938 190000 SH DEFINED 011614 190000
MERCANTILE BANCORPOR COM 587342106 6250 200000 SH DEFINED 0131 200000
MERCANTILE BANCORPOR COM 587342106 281 9000 SH DEFINED 0103 9000
MERCANTILE STORES COM 587533100 67 1699 SH DEFINED 0103 1699
MERCK COM 589331107 22875 600000 SH DEFINED 0130 600000
MERCK COM 589331107 84 2193 SH DEFINED 0124 2193
MERCK COM 589331107 5322 139600 SH DEFINED 0125 139600
MERCK COM 589331107 9341 245000 SH DEFINED 0107 245000
MERCK COM 589331107 16203 425000 SH DEFINED 011516 425000
MERCK COM 589331107 11438 300000 SH DEFINED 011618 300000
MERCK COM 589331107 53971 1415520 SH DEFINED 0102 541100 874420
MERCK COM 589331107 13878 364000 SH DEFINED 0131 364000
MERCK COM 589331107 5954 156127 SH DEFINED 0103 23400 132727
MERCK COM 589331107 8926 234146 SH DEFINED 01 234146
MERCURY FINANCE CO COM 589395102 9815 755000 SH DEFINED 011516 755000
MEREDITH CORP COM 589433101 31 665 SH DEFINED 0103 665
MERIDIAN BANCORP INC COM 589580109 799 30000 SH DEFINED 0106 30000
MERIDIAN BANCORP INC COM 589580109 533 20000 SH DEFINED 011614 20000
<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
MERRILL CORPORATION COM 590175105 6800 400000 SH DEFINED 011516 400000
MERRILL LYNCH & CO COM 590188108 21450 600000 SH DEFINED 0111 600000
MERRILL LYNCH & CO COM 590188108 171 4800 SH DEFINED 0102 4800
MERRILL LYNCH & CO COM 590188108 392 10972 SH DEFINED 0103 10972
MERRY LAND & INVT CO COM 590438107 3828 175000 SH DEFINED 0107 175000
MERRY LAND & INVT CO COM 590438107 2406 110000 SH DEFINED 011618 110000
MESA AIRLINES COM 590481107 7300 800000 SH DEFINED 0111 800000
MESA AIRLINES COM 590481107 6388 700000 SH DEFINED 011618 700000
METHANEX CORP COM 59151K108 6500 500000 SH DEFINED 0124 500000
METHANEX CORP COM 59151K108 1105 85000 SH DEFINED 011619 85000
METROLOGIC COM 591676101 686 45000 SH DEFINED 011619 45000
MEYER (FRED) INC COM 593098106 5535 180000 SH DEFINED 0128 180000
MEYER (FRED) INC COM 593098106 7688 250000 SH DEFINED 0124 250000
MEYER (FRED) INC COM 593098106 1538 50000 SH DEFINED 011619 50000
MEYER (FRED) INC COM 593098106 12 400 SH DEFINED 0102 400
MEYER (FRED) INC COM 593098106 14075 457700 SH DEFINED 0131 457700
MEYER (FRED) INC COM 593098106 526 17100 SH DEFINED 0103 3900 13200
MEYER (FRED) INC COM 593098106 738 24000 SH DEFINED 01 24000
MICROSOFT COM 594918104 55013 900000 SH DEFINED 0126 900000
MICROSOFT COM 594918104 27506 450000 SH DEFINED 0111 450000
MICROSOFT COM 594918104 2347 38400 SH DEFINED 011622 38400
MICROSOFT COM 594918104 5190 84900 SH DEFINED 011623 84900
MICROSOFT COM 594918104 13448 220000 SH DEFINED 011618 220000
MICROSOFT COM 594918104 45189 739264 SH DEFINED 0102 303600 435664
MICROSOFT COM 594918104 4279 70000 SH DEFINED 0131 70000
MICROSOFT COM 594918104 2443 39958 SH DEFINED 0103 13400 26558
MICROTEC RESEARCH IN COM 594950107 647 75000 SH DEFINED 011619 75000
MICRO-CHIP COM 595017104 4950 180000 SH DEFINED 0106 180000
MICRO-CHIP COM 595017104 1375 50000 SH DEFINED 011619 50000
MICRO-CHIP COM 595017104 7253 263750 SH DEFINED 011614 263750
MICRO-CHIP COM 595017104 5089 185050 SH DEFINED 0102 185050
MICRO-CHIP COM 595017104 91 3300 SH DEFINED 0103 3300
MICRODYNE CORP COM 595067109 744 70000 SH DEFINED 011619 70000
MICRON TECHNOLOGY COM 595112103 9266 210000 SH DEFINED 011614 210000
MICRON TECHNOLOGY COM 595112103 505 11456 SH DEFINED 0103 11456
MID-AMERICA APT COM 59522J103 1728 64600 SH DEFINED 0132 64600
MID-AMERICA APT COM 59522J103 4681 175000 SH DEFINED 0107 175000
MID ATLANTIC MEDICAL COM 59523C107 5719 250000 SH DEFINED 0106 250000
MID ATLANTIC MEDICAL COM 59523C107 8464 370000 SH DEFINED 011614 370000
MID ATLANTIC COM 595232109 2063 250000 SH DEFINED 0107 250000
MILLER INDUS COM 600551105 853 55000 SH DEFINED 011619 55000
MILLIPORE CORP COM 601073109 63 1306 SH DEFINED 0103 1306
MILLS COM 601148109 7703 425000 SH DEFINED 0113 425000
MILLS COM 601148109 3081 170000 SH DEFINED 0132 170000
MILLS COM 601148109 3081 170000 SH DEFINED 0107 170000
MN MINING & MFG CO COM 604059105 33359 625000 SH DEFINED 0130 625000
MN MINING & MFG CO COM 604059105 18681 350000 SH DEFINED 0113 350000
MN MINING & MFG CO COM 604059105 22418 420000 SH DEFINED 011516 420000
MN MINING & MFG CO COM 604059105 13344 250000 SH DEFINED 011618 250000
MN MINING & MFG CO COM 604059105 75 1400 SH DEFINED 0102 1400
<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
MN MINING & MFG CO COM 604059105 1043 19534 SH DEFINED 0103 19534
MN P & L 144A $100 PREFERRED STOCK 6041109C2 4736 50000 SH DEFINED 0105 50000
MN P & L 144A $100 PREFERRED STOCK 6041109C2 2841 30000 SH DEFINED 01 30000
MN P&L 144A 6.70 PREFERRED STOCK 604110999 9900 100000 SH DEFINED 0105 100000
MIRAGE RESORTS INC COM 60462E104 12710 620000 SH DEFINED 0126 620000
MRS FIELDS COM 60650*990 605 20176717 SH DEFINED 0105 20176717
MOBIL COM 607059102 25275 300000 SH DEFINED 0126 300000
MOBIL COM 607059102 25275 300000 SH DEFINED 0113 300000
MOBIL COM 607059102 1036 12300 SH DEFINED 0125 12300
MOBIL COM 607059102 8846 105000 SH DEFINED 0107 105000
MOBIL COM 607059102 16850 200000 SH DEFINED 011618 200000
MOBIL COM 607059102 136513 1620371 SH DEFINED 0102 601770 1018601
MOBIL COM 607059102 13480 160000 SH DEFINED 0131 160000
MOBIL COM 607059102 4778 56719 SH DEFINED 0103 26450 30269
MOBIL COM 607059102 3724 44200 SH DEFINED 01 44200
MOHAWK INDUSTRIES COM 608190104 4463 350000 SH DEFINED 011618 350000
MOLECULAR DYNAMICS COM 608514105 675 100000 SH DEFINED 0106 100000
MOLECULAR DYNAMICS COM 608514105 743 110000 SH DEFINED 011614 110000
MOLEX INC CL A COM 608554200 189 6036 SH DEFINED 0102 1500 4536
MONSANTO COMPANY COM 611662107 386 5472 SH DEFINED 0103 5472
MOORE CORP COM 615785102 23594 1250000 SH DEFINED 0113 1250000
MOORE CORP COM 615785102 111 5900 SH DEFINED 0125 5900
MOORE CORP COM 615785102 15 800 SH DEFINED 0102 800
MOORE CORP COM 615785102 134 7090 SH DEFINED 0103 7090
JP MORGAN & CO INC COM 616880100 319 5700 SH DEFINED 0125 5700
JP MORGAN & CO INC COM 616880100 62 1100 SH DEFINED 0102 1100
JP MORGAN & CO INC COM 616880100 633 11318 SH DEFINED 0103 11318
MORGAN STANLEY GROUP COM 617446109 5900 100000 SH DEFINED 0108 100000
MORRISON KNUDSEN CP COM 618447106 19 1458 SH DEFINED 0103 1458
MORTON INTERNATIONAL COM 619331101 7125 250000 SH DEFINED 011618 250000
MORTON INTERNATIONAL COM 619331101 453 15840 SH DEFINED 0102 1500 14340
MORTON INTERNATIONAL COM 619331101 3275 114900 SH DEFINED 0131 114900
MORTON INTERNATIONAL COM 619331101 362 12696 SH DEFINED 0103 6000 6696
MORTON INTERNATIONAL COM 619331101 342 12000 SH DEFINED 01 12000
MOTOROLA COM 620076109 150475 2600000 SH DEFINED 0126 2600000
MOTOROLA COM 620076109 23150 400000 SH DEFINED 0111 400000
MOTOROLA COM 620076109 5788 100000 SH DEFINED 0132 100000
MOTOROLA COM 620076109 31831 550000 SH DEFINED 0124 550000
MOTOROLA COM 620076109 3085 53300 SH DEFINED 0125 53300
MOTOROLA COM 620076109 8103 140000 SH DEFINED 011622 140000
MOTOROLA COM 620076109 19215 332000 SH DEFINED 011623 332000
MOTOROLA COM 620076109 20835 360000 SH DEFINED 011618 360000
MOTOROLA COM 620076109 108536 1875344 SH DEFINED 0102 641050 1234294
MOTOROLA COM 620076109 4496 77696 SH DEFINED 0103 29300 48396
MOTOROLA COM 620076109 9538 164800 SH DEFINED 01 164800
MULTIMEDIA INC NEW COM 62545K107 1653 58000 SH DEFINED 0108 58000
MULTIMEDIA INC NEW COM 62545K107 1285 45100 SH DEFINED 0126 45100
MULTIMEDIA INC NEW COM 62545K107 3990 140000 SH DEFINED 0128 140000
MULTIMEDIA INC NEW COM 62545K107 180 6300 SH DEFINED 0106 6300
MULTIMEDIA INC NEW COM 62545K107 265 9300 SH DEFINED 011614 9300
<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
MULTIMEDIA INC NEW COM 62545K107 3255 114200 SH DEFINED 0131 114200
MUTUAL RISK COM 628351108 13125 500000 SH DEFINED 0130 500000
MUTUAL RISK COM 628351108 12603 480100 SH DEFINED 011516 480100
MUTUAL RISK COM 628351108 1050 40000 SH DEFINED 011619 40000
MUTUAL RISK COM 628351108 1838 70000 SH DEFINED 011620 70000
MUTUAL RISK COM 628351108 3780 144000 SH DEFINED 01 144000
MYLAN LABS COM 628530107 11745 435000 SH DEFINED 011516 435000
NBD BANCORP COM 628900102 204 7401 SH DEFINED 0103 7401
NAC RE 144A CONV BOND 628907AC1 12150 15000000 PRN DEFINED 0130 15000000
NAC RE 144A CONV BOND 628907AC1 2430 3000000 PRN DEFINED 0104 3000000
NAC RE 144A CONV BOND 628907AC1 1620 2000000 PRN DEFINED 011621 2000000
NAC RE 144A CONV BOND 628907AC1 810 1000000 PRN DEFINED 0131 1000000
NAC RE CORPORATION COM 628907107 1340 40000 SH DEFINED 0108 40000
NVR INC COM 62944T105 550 100000 SH DEFINED 0109 100000
NACCO IND CL A COM 629579103 20 412 SH DEFINED 0103 412
NALCO CHEMICAL COM 629853102 13400 400000 SH DEFINED 0130 400000
NALCO CHEMICAL COM 629853102 3558 106200 SH DEFINED 0107 106200
NALCO CHEMICAL COM 629853102 107 3184 SH DEFINED 0103 3184
NATIONAL CITY CORP COM 635405103 178 6889 SH DEFINED 0103 6889
NATIONAL EDUCATION COM 635771108 6 1361 SH DEFINED 0103 1361
NATL ENT 4.75 CONV BOND 635819AA3 1 20000 PRN DEFINED 0102 20000
NATIONAL GOLF COM 63623G109 1770 80000 SH DEFINED 011618 80000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1403 60000 SH DEFINED 0104 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1403 60000 SH DEFINED 0109 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 935 40000 SH DEFINED 011621 40000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 234 10000 SH DEFINED 011620 10000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 538 23000 SH DEFINED 0131 23000
NATL MED ENTERPRISE COM 636886103 108 7653 SH DEFINED 0103 7653
NATL PRESTO IND COM 637215104 4275 103000 SH DEFINED 0128 103000
NATL SEMICONDUCTOR COM 637640103 108 5527 SH DEFINED 0103 5527
NATL SERVICES IND COM 637657107 59 2286 SH DEFINED 0103 2286
NAT CORP HOUSING COM 637995994 100 500 SH DEFINED 01 500
NATIONS BANK COM 638585109 27075 600000 SH DEFINED 0130 600000
NATIONS BANK COM 638585109 15794 350000 SH DEFINED 0113 350000
NATIONS BANK COM 638585109 9025 200000 SH DEFINED 0124 200000
NATIONS BANK COM 638585109 668 14800 SH DEFINED 0125 14800
NATIONS BANK COM 638585109 7671 170000 SH DEFINED 0107 170000
NATIONS BANK COM 638585109 3380 74885 SH DEFINED 0102 22300 52585
NATIONS BANK COM 638585109 11281 250000 SH DEFINED 0131 250000
NATIONS BANK COM 638585109 1256 27828 SH DEFINED 0103 27828
NATIONS BANK COM 638585109 208 4616 SH DEFINED 01 4616
NATIONWIDE HEALTH COM 638620104 4111 115000 SH DEFINED 0107 115000
NATIONWIDE HEALTH COM 638620104 5220 146000 SH DEFINED 01 146000
NATURE'S BOUNTY INC COM 639017300 9271 1705000 SH DEFINED 011516 1705000
NAVISTAR INTL CORP COM 63934E108 1600 105823 SH DEFINED 0103 105823
NELSON (THOMAS) INC COM 640376109 7200 300000 SH DEFINED 0111 300000
NETCOM ONLINE COM 641081104 253 8900 SH DEFINED 0106 8900
NETCOM ONLINE COM 641081104 309 10900 SH DEFINED 011619 10900
NETCOM ONLINE COM 641081104 465 16400 SH DEFINED 0102 16400
NETCOM ONLINE COM 641081104 284 10000 SH DEFINED 0131 10000
<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
NETRIX COM 641148101 629 68000 SH DEFINED 011619 68000
NETWORK GENERAL COM 641210109 3558 138500 SH DEFINED 0106 138500
NETWORK GENERAL COM 641210109 5263 204900 SH DEFINED 011614 204900
NETWORK GENERAL COM 641210109 6785 264100 SH DEFINED 0102 264100
NETWORK GENERAL COM 641210109 126 4900 SH DEFINED 0103 4900
NJ NATL GAS 100 144A PREFERRED STOCK 645869207 20825 200000 SH DEFINED 0105 200000
NEW JERSEY RESOURCES COM 646025106 3482 153900 SH DEFINED 0128 153900
NEW JERSEY RESOURCES COM 646025106 8484 375000 SH DEFINED 0132 375000
NEW JERSEY RESOURCES COM 646025106 339 15000 SH DEFINED 01 15000
NEW YORK TIMES CLA COM 650111107 109 4928 SH DEFINED 0103 4928
NEWELL CO COM 651192106 12600 600000 SH DEFINED 011516 600000
NEWELL CO COM 651192106 53 2500 SH DEFINED 0102 2500
NEWELL CO COM 651192106 153 7274 SH DEFINED 0103 7274
NEWMONT GOLD CORP COM 651637100 755 21200 SH DEFINED 0110 21200
NEWMONT GOLD CORP COM 651637100 1425 40000 SH DEFINED 0127 40000
NEWMONT MINING COM 651639106 142 3937 SH DEFINED 0103 3937
NEWS CORP LTD ADR COM 652487703 8125 520000 SH DEFINED 011516 520000
NEWS CORP LTD ADR COM 652487703 9375 600000 SH DEFINED 011618 600000
NEWS CORP LTD ADR COM 652487703 279 17888 SH DEFINED 0102 17888
NEWS CORP LTD ADR COM 652487703 6969 446000 SH DEFINED 01 446000
NEWS CORP ADR PFD COM 652487802 3608 260000 SH DEFINED 011516 260000
NEWS CORP ADR PFD COM 652487802 4163 300000 SH DEFINED 011618 300000
NEWS CORP ADR PFD COM 652487802 125 8944 SH DEFINED 0102 8944
NEWS CORP ADR PFD COM 652487802 3358 242000 SH DEFINED 01 242000
NEXTEL COMMUNICATION COM 65332V103 30188 2100000 SH DEFINED 011516 2100000
NIAGARA MOHAWK $25 PREFERRED STOCK 65352E9A6 1583 63000 SH DEFINED 0105 63000
NIAGARA MOHAWK POWER COM 653522102 94 6584 SH DEFINED 0103 6584
NICOR COM 654086107 3981 175000 SH DEFINED 0132 175000
NICOR COM 654086107 55 2439 SH DEFINED 0103 2439
NIKE INC CL B COM 654106103 15 200 SH DEFINED 0125 200
NIKE INC CL B COM 654106103 4 50 SH DEFINED 0102 50
NIKE INC CL B COM 654106103 262 3516 SH DEFINED 0103 3516
NISSAN ADR COM 654744408 354 21310 SH DEFINED 01 21310
NOBLE AFFILIATES COM 654894104 2475 100000 SH DEFINED 0132 100000
NOKIA PERFERRED COM 654902204 18000 240000 SH DEFINED 0126 240000
NOKIA PERFERRED COM 654902204 7500 100000 SH DEFINED 0106 100000
NOKIA PERFERRED COM 654902204 3368 44900 SH DEFINED 011622 44900
NOKIA PERFERRED COM 654902204 7493 99900 SH DEFINED 011623 99900
NOKIA PERFERRED COM 654902204 6000 80000 SH DEFINED 011618 80000
NOKIA PERFERRED COM 654902204 3000 40000 SH DEFINED 011619 40000
NOKIA PERFERRED COM 654902204 10875 145000 SH DEFINED 011614 145000
NOKIA PERFERRED COM 654902204 98 1300 SH DEFINED 0102 1300
NOKIA PERFERRED COM 654902204 9488 126500 SH DEFINED 0131 126500
NOKIA PERFERRED COM 654902204 300 4000 SH DEFINED 0103 4000
NOISE CANCELLATION COM 655279107 525 700000 SH DEFINED 011614 700000
NORAM ENERGY CORP COM 655419109 29951 5572424 SH DEFINED 0103 5572424
NORDSON CORP COM 655663102 14400 240000 SH DEFINED 011516 240000
NORDSTROM INC COM 655664100 8400 200000 SH DEFINED 0126 200000
NORDSTROM INC COM 655664100 12600 300000 SH DEFINED 0111 300000
NORDSTROM INC COM 655664100 3360 80000 SH DEFINED 011622 80000
<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
NORDSTROM INC COM 655664100 7392 176000 SH DEFINED 011623 176000
NORDSTROM INC COM 655664100 8 200 SH DEFINED 0102 200
NORDSTROM INC COM 655664100 3725 88700 SH DEFINED 0131 88700
NORDSTROM INC COM 655664100 340 8085 SH DEFINED 0103 4300 3785
NORDSTROM INC COM 655664100 840 20000 SH DEFINED 01 20000
NORFOLK SOUTHERN CO COM 655844108 25766 425000 SH DEFINED 0130 425000
NORFOLK SOUTHERN CO COM 655844108 22734 375000 SH DEFINED 0113 375000
NORFOLK SOUTHERN CO COM 655844108 1655 27300 SH DEFINED 0125 27300
NORFOLK SOUTHERN CO COM 655844108 8184 135000 SH DEFINED 0107 135000
NORFOLK SOUTHERN CO COM 655844108 9700 160000 SH DEFINED 011618 160000
NORFOLK SOUTHERN CO COM 655844108 2128 35100 SH DEFINED 0102 35100
NORFOLK SOUTHERN CO COM 655844108 12125 200000 SH DEFINED 0131 200000
NORFOLK SOUTHERN CO COM 655844108 1562 25772 SH DEFINED 0103 25772
NORFOLK SOUTHERN CO COM 655844108 3080 50800 SH DEFINED 01 50800
NORTH AMERICAN BIOLO COM 656755105 638 85000 SH DEFINED 011619 85000
NORTH AMERICAN MTG C COM 657037107 14381 975000 SH DEFINED 011516 975000
NORTH AMER VACCINE COM 657201109 16 2000 SH DEFINED 0102 2000
NORTHEAST UTILITIES COM 664397106 6488 300000 SH DEFINED 0132 300000
NORTHRN ST PWR CO MN COM 665772109 8800 200000 SH DEFINED 0132 200000
NORTHRN ST PWR CO MN COM 665772109 1298 29500 SH DEFINED 0125 29500
NORTHRN ST PWR CO MN COM 665772109 180 4100 SH DEFINED 0102 4100
NORTHRN ST PWR CO MN COM 665772109 690 15685 SH DEFINED 0103 15685
NSP PERP PREFERRED STOCK 665772836 2201 25000 SH DEFINED 01 25000
NORTHRN TELECOM COM 665815106 20025 600000 SH DEFINED 0126 600000
NORTHRN TELECOM COM 665815106 6675 200000 SH DEFINED 0132 200000
NORTHRN TELECOM COM 665815106 3898 116800 SH DEFINED 0112 116800
NORTHRN TELECOM COM 665815106 2219 66500 SH DEFINED 0125 66500
NORTHRN TELECOM COM 665815106 16688 500000 SH DEFINED 011618 500000
NORTHRN TELECOM COM 665815106 5917 177300 SH DEFINED 011617 177300
NORTHRN TELECOM COM 665815106 3698 110800 SH DEFINED 0102 110800
NORTHRN TELECOM COM 665815106 4830 144700 SH DEFINED 0131 144700
NORTHRN TELECOM COM 665815106 1499 44887 SH DEFINED 0103 5000 39887
NORTHRN TELECOM COM 665815106 190 5700 SH DEFINED 01 5700
NORTHERN TRUST CORP COM 665859104 9100 260000 SH DEFINED 0108 260000
NORTHERN TRUST CORP COM 665859104 56000 1600000 SH DEFINED 011516 1600000
NORTHROP GRUMMAN COR COM 666807102 5250 125000 SH DEFINED 0128 125000
NORTHROP GRUMMAN COR COM 666807102 8400 200000 SH DEFINED 011516 200000
NORTHROP GRUMMAN COR COM 666807102 18060 430000 SH DEFINED 011618 430000
NORTHROP GRUMMAN COR COM 666807102 94 2233 SH DEFINED 0103 2233
NORTHROP GRUMMAN COR COM 666807102 1470 35000 SH DEFINED 01 35000
NWA COM 667280101 6300 400000 SH DEFINED 0111 400000
NWA COM 667280101 96 6000 SH DEFINED 0102 6000
NORTON MCNAUGHTON COM 668685100 6558 430000 SH DEFINED 011516 430000
NORWEST CORP COM 669380107 65 2800 SH DEFINED 0102 2800
NORWEST CORP COM 669380107 343 14687 SH DEFINED 0103 14687
NOVELL INC COM 670006105 291 16984 SH DEFINED 0103 16984
NOVELLUS SYSTEMS INC COM 670008101 2865 57300 SH DEFINED 0102 57300
NOVELLUS SYSTEMS INC COM 670008101 55 1100 SH DEFINED 0103 1100
NUCOR CORP COM 670346105 11100 200000 SH DEFINED 0108 200000
NUCOR CORP COM 670346105 44400 800000 SH DEFINED 0126 800000
<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
NUCOR CORP COM 670346105 22200 400000 SH DEFINED 0111 400000
NUCOR CORP COM 670346105 982 17700 SH DEFINED 0125 17700
NUCOR CORP COM 670346105 3608 65000 SH DEFINED 011622 65000
NUCOR CORP COM 670346105 7881 142000 SH DEFINED 011623 142000
NUCOR CORP COM 670346105 11100 200000 SH DEFINED 011618 200000
NUCOR CORP COM 670346105 89561 1613687 SH DEFINED 0102 563650 1050037
NUCOR CORP COM 670346105 6188 111500 SH DEFINED 0131 111500
NUCOR CORP COM 670346105 2379 42865 SH DEFINED 0103 31350 11515
NUCOR CORP COM 670346105 5912 106524 SH DEFINED 01 106524
NYNEX COM 670768100 3675 100000 SH DEFINED 0132 100000
NYNEX COM 670768100 703 19133 SH DEFINED 0103 19133
OASIS COM 674216106 4900 200000 SH DEFINED 0107 200000
OASIS COM 674216106 2940 120000 SH DEFINED 011618 120000
OCCIDENTAL PETROLEUM COM 674599105 19250 1000000 SH DEFINED 0124 1000000
OCCIDENTAL PETROLEUM COM 674599105 272 14126 SH DEFINED 0103 14126
OFFICE MAX COM 67622M108 17225 650000 SH DEFINED 0130 650000
OFFICE MAX COM 67622M108 2650 100000 SH DEFINED 011618 100000
OFFICE MAX COM 67622M108 1193 45000 SH DEFINED 011619 45000
OFFICE MAX COM 67622M108 2120 80000 SH DEFINED 011620 80000
OFFICE MAX COM 67622M108 496 18700 SH DEFINED 01 18700
OFFICE DEPOT INC COM 676220106 24000 1000000 SH DEFINED 0126 1000000
OFFICE DEPOT INC COM 676220106 14400 600000 SH DEFINED 0111 600000
OFFICE DEPOT INC COM 676220106 21600 900000 SH DEFINED 0124 900000
OFFICE DEPOT INC COM 676220106 2520 105000 SH DEFINED 011622 105000
OFFICE DEPOT INC COM 676220106 5568 232000 SH DEFINED 011623 232000
OFFICE DEPOT INC COM 676220106 1200 50000 SH DEFINED 011619 50000
OFFICE DEPOT INC COM 676220106 11 450 SH DEFINED 0102 450
OFFICE DEPOT INC COM 676220106 6750 281250 SH DEFINED 0131 281250
OFFICE DEPOT INC COM 676220106 6308 262815 SH DEFINED 0103 7650 255165
OFFICE DEPOT INC COM 676220106 62 2600 SH DEFINED 01 2600
OGDEN CORP COM 676346109 38 2006 SH DEFINED 0103 2006
OHIO EDISON COM 677347106 130 7036 SH DEFINED 0103 7036
OLIN COM 680665205 15450 300000 SH DEFINED 0113 300000
OLSTEN CORP COM 681385100 12700 400000 SH DEFINED 0111 400000
OLSTEN CORP COM 681385100 11113 350000 SH DEFINED 011618 350000
OLSTEN CORP COM 681385100 10 300 SH DEFINED 0102 300
OLSTEN CORP COM 681385100 203 6400 SH DEFINED 0103 6400
OMNICARE, INC. COM 681904108 6147 140100 SH DEFINED 0102 140100
OMNICARE, INC. COM 681904108 114 2600 SH DEFINED 0103 2600
OMEGA HEALTH CARE COM 681936100 7238 300000 SH DEFINED 0113 300000
OMEGA HEALTH CARE COM 681936100 4825 200000 SH DEFINED 0132 200000
OMEGA HEALTH CARE COM 681936100 5386 223250 SH DEFINED 0107 223250
OMEGA HEALTH CARE COM 681936100 1031 42748 SH DEFINED 01 42748
ONEOK INC COM 682678107 23 1271 SH DEFINED 0103 1271
ORACLE SYSTEMS CORP COM 68389X105 70600 1600000 SH DEFINED 0126 1600000
ORACLE SYSTEMS CORP COM 68389X105 16326 370000 SH DEFINED 0106 370000
ORACLE SYSTEMS CORP COM 68389X105 26475 600000 SH DEFINED 0111 600000
ORACLE SYSTEMS CORP COM 68389X105 318 7200 SH DEFINED 0125 7200
ORACLE SYSTEMS CORP COM 68389X105 6619 150000 SH DEFINED 011622 150000
ORACLE SYSTEMS CORP COM 68389X105 14826 336000 SH DEFINED 011623 336000
<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
ORACLE SYSTEMS CORP COM 68389X105 11031 250000 SH DEFINED 011618 250000
ORACLE SYSTEMS CORP COM 68389X105 23166 525000 SH DEFINED 011614 525000
ORACLE SYSTEMS CORP COM 68389X105 1027 23273 SH DEFINED 0102 23273
ORACLE SYSTEMS CORP COM 68389X105 16538 374800 SH DEFINED 0131 374800
ORACLE SYSTEMS CORP COM 68389X105 1454 32975 SH DEFINED 0103 16600 16375
OPTI INC COM 683960108 9 600 SH DEFINED 0102 600
ORANGE ROCKLAND$100 PREFERRED STOCK 6848679A4 1968 19634 SH DEFINED 0105 19634
ORYX ENERGY CO COM 68763F100 53 4471 SH DEFINED 0103 4471
OSHKOSH B-GOSH CLA COM 688222207 9 673 SH DEFINED 0103 673
OUTBACK STEAKHOUSE COM 689899102 5640 240000 SH DEFINED 0106 240000
OUTBACK STEAKHOUSE COM 689899102 8343 355000 SH DEFINED 011614 355000
OUTBACK STEAKHOUSE COM 689899102 9486 403650 SH DEFINED 0102 403650
OUTBACK STEAKHOUSE COM 689899102 174 7400 SH DEFINED 0103 7400
OUTBOARD MARINE COM 690020102 19 953 SH DEFINED 0103 953
OWENS & MINOR INC COM 690732102 1924 135000 SH DEFINED 0106 135000
OWENS & MINOR INC COM 690732102 1995 140000 SH DEFINED 011614 140000
OWENS CORNIG FIB NEW COM 690734207 64 1992 SH DEFINED 0103 1992
OXFORD HEALTH COM 691471106 3170 40000 SH DEFINED 0106 40000
OXFORD HEALTH COM 691471106 4359 55000 SH DEFINED 011614 55000
OXFORD HEALTH COM 691471106 24 300 SH DEFINED 0102 300
OXFORD HEALTH COM 691471106 11467 144700 SH DEFINED 0131 144700
OXFORD HEALTH COM 691471106 285 3600 SH DEFINED 0103 3600
PECO ENERGY COM 693304107 10 400 SH DEFINED 0102 400
PECO ENERGY COM 693304107 250 10215 SH DEFINED 0103 10215
PLC SYSTEMS COM 69341D104 1827 370000 SH DEFINED 0106 370000
PLC SYSTEMS COM 69341D104 2123 430000 SH DEFINED 011614 430000
PMT SERVICES COM 693457103 2588 300000 SH DEFINED 011516 300000
PMT SERVICES COM 693457103 474 55000 SH DEFINED 011619 55000
PNC FINL CORP COM 693475105 194 9200 SH DEFINED 0125 9200
PNC FINL CORP COM 693475105 27 1300 SH DEFINED 0102 1300
PNC FINL CORP COM 693475105 311 14724 SH DEFINED 0103 14724
PPG INDUSTRIES INC COM 693506107 7425 200000 SH DEFINED 0107 200000
PPG INDUSTRIES INC COM 693506107 11138 300000 SH DEFINED 0131 300000
PPG INDUSTRIES INC COM 693506107 364 9800 SH DEFINED 0103 9800
PSI ENERGY 7.15 PFD PREFERRED STOCK 693627507 638 8000 SH DEFINED 0116 8000
PT TRI POLYTA COM 69365B109 5335 220000 SH DEFINED 0124 220000
PT TRI POLYTA COM 69365B109 7275 300000 SH DEFINED 0135 300000
PT TRI POLYTA COM 69365B109 114 4700 SH DEFINED 01 4700
PACCAR INC COM 693718108 79 1792 SH DEFINED 0103 1792
PACIFIC ENTERPRISES COM 694232109 283 13300 SH DEFINED 0125 13300
PACIFIC ENTERPRISES COM 694232109 38 1800 SH DEFINED 0102 1800
PACIFIC ENTERPRISES COM 694232109 204 9583 SH DEFINED 0103 9583
PACIFIC GAS & ELEC COM 694308107 480 19702 SH DEFINED 0103 19702
PACIFIC GAS & ELEC PREFERRED STOCK 694308693 12075 525000 SH DEFINED 0105 525000
PACIFIC TELESIS COM 694890104 24225 850000 SH DEFINED 0130 850000
PACIFIC TELESIS COM 694890104 18525 650000 SH DEFINED 0113 650000
PACIFIC TELESIS COM 694890104 12825 450000 SH DEFINED 0132 450000
PACIFIC TELESIS COM 694890104 1120 39300 SH DEFINED 0125 39300
PACIFIC TELESIS COM 694890104 11400 400000 SH DEFINED 011618 400000
PACIFIC TELESIS COM 694890104 2517 88300 SH DEFINED 0102 9750 78550
<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
PACIFIC TELESIS COM 694890104 1033 36241 SH DEFINED 0103 36241
PACIFICARE HEALTHCLB COM 695110205 15840 240000 SH DEFINED 011618 240000
PACIFICORP COM 695114108 6344 350000 SH DEFINED 0132 350000
PACIFICORP COM 695114108 236 13007 SH DEFINED 0103 13007
PACIFICORP $100 PAR PREFERRED STOCK 695114678 15619 150000 SH DEFINED 0105 150000
PACIFICORP $100 PAR PREFERRED STOCK 695114678 541 5200 SH DEFINED 01 5200
PACIFICORP $100 PAR PREFERRED STOCK 695114678 9007 86500 SH DEFINED 0116 86500
PACIFICORP $100 PAR PREFERRED STOCK 695114678 1041 10000 SH DEFINED 0116 10000
PAINEWEBBER MASTER COM 695910885 1 127 SH DEFINED 01 127
PAIR GAIN TECH COM 695934109 784 55000 SH DEFINED 011619 55000
PALL CORP COM 696429307 9375 500000 SH DEFINED 0108 500000
PALL CORP COM 696429307 100 5337 SH DEFINED 0103 5337
PANHANDLE EASTERN COM 698462108 109 5534 SH DEFINED 0103 5534
PARAGON CORP COM 699116109 8550 450000 SH DEFINED 0113 450000
PARAGON CORP COM 699116109 3800 200000 SH DEFINED 011618 200000
PARAMETRIC TECH CORP COM 699173100 10350 300000 SH DEFINED 0108 300000
PARAMETRIC TECH CORP COM 699173100 34500 1000000 SH DEFINED 0126 1000000
PARAMETRIC TECH CORP COM 699173100 15353 445000 SH DEFINED 0106 445000
PARAMETRIC TECH CORP COM 699173100 2374 68800 SH DEFINED 011622 68800
PARAMETRIC TECH CORP COM 699173100 5237 151800 SH DEFINED 011623 151800
PARAMETRIC TECH CORP COM 699173100 2415 70000 SH DEFINED 011619 70000
PARAMETRIC TECH CORP COM 699173100 21045 610000 SH DEFINED 011614 610000
PARAMETRIC TECH CORP COM 699173100 37193 1078100 SH DEFINED 0102 1078100
PARAMETRIC TECH CORP COM 699173100 17874 518100 SH DEFINED 0131 518100
PARAMETRIC TECH CORP COM 699173100 1801 52200 SH DEFINED 0103 52200
PARCPLACE COM 699421103 10579 465000 SH DEFINED 011516 465000
PARCPLACE COM 699421103 1479 65000 SH DEFINED 011620 65000
PARK&PAR PT 144A $50 CONV PFD STOCK 701013203 17016 375000 SH DEFINED 0130 375000
PARK&PAR PT 144A $50 CONV PFD STOCK 701013203 2949 65000 SH DEFINED 0107 65000
PARKER-HANNIFIN COM 701094104 101 2230 SH DEFINED 0103 2230
PAYCHEX INC COM 704326107 7290 180000 SH DEFINED 0106 180000
PAYCHEX INC COM 704326107 9518 235000 SH DEFINED 011614 235000
PAYCHEX INC COM 704326107 18621 459775 SH DEFINED 0102 459775
PAYCHEX INC COM 704326107 4301 106200 SH DEFINED 0131 106200
PAYCHEX INC COM 704326107 1183 29200 SH DEFINED 0103 29200
PENNEY J C COM 708160106 24544 550000 SH DEFINED 0130 550000
PENNEY J C COM 708160106 8033 180000 SH DEFINED 011618 180000
PENNEY J C COM 708160106 486 10887 SH DEFINED 0103 10887
PENN P&L PFD $100 PREFERRED STOCK 709051643 2338 25000 SH DEFINED 0105 25000
PENNZOIL COM 709903108 94 2119 SH DEFINED 0103 2119
PEOPLES ENERGY CORP COM 711030106 42 1593 SH DEFINED 0103 1593
PEP BOYS COM 713278109 9300 300000 SH DEFINED 0130 300000
PEP BOYS COM 713278109 13950 450000 SH DEFINED 0108 450000
PEP BOYS COM 713278109 24800 800000 SH DEFINED 0126 800000
PEP BOYS COM 713278109 2220 71600 SH DEFINED 011622 71600
PEP BOYS COM 713278109 4898 158000 SH DEFINED 011623 158000
PEP BOYS COM 713278109 12400 400000 SH DEFINED 011618 400000
PEP BOYS COM 713278109 1550 50000 SH DEFINED 011619 50000
PEP BOYS COM 713278109 7565 243880 SH DEFINED 0102 125450 118430
PEP BOYS COM 713278109 8094 261100 SH DEFINED 0131 261100
<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
PEP BOYS COM 713278109 533 17212 SH DEFINED 0103 14400 2812
PEPSICO COM 713448108 21750 600000 SH DEFINED 0124 600000
PEPSICO COM 713448108 4789 132100 SH DEFINED 0125 132100
PEPSICO COM 713448108 15044 415000 SH DEFINED 011516 415000
PEPSICO COM 713448108 15642 431491 SH DEFINED 0102 431491
PEPSICO COM 713448108 13594 375000 SH DEFINED 0131 375000
PEPSICO COM 713448108 3920 108137 SH DEFINED 0103 108137
PEPSICO COM 713448108 11945 329500 SH DEFINED 01 329500
PERKIN ELMER COM 714041100 52 2027 SH DEFINED 0103 2027
PERRIGO COMPANY COM 714290103 2500 200000 SH DEFINED 011516 200000
INDOSAT ADS COM 715680104 522 14600 SH DEFINED 0131 14600
PET INC COM 715825105 5925 300000 SH DEFINED 011516 300000
PET INC COM 715825105 93 4724 SH DEFINED 0103 4724
PETROLEUM GEO SERV COM 716597109 7450 400000 SH DEFINED 011516 400000
PETROLEUM GEO SERV COM 716597109 1024 55000 SH DEFINED 011619 55000
PETSMART COM 716768106 8280 240000 SH DEFINED 0106 240000
PETSMART COM 716768106 1139 33000 SH DEFINED 011619 33000
PETSMART COM 716768106 13110 380000 SH DEFINED 011614 380000
PETSMART COM 716768106 11965 346800 SH DEFINED 0102 346800
PETSMART COM 716768106 221 6400 SH DEFINED 0103 6400
PFIZER COM 717081103 23175 300000 SH DEFINED 0130 300000
PFIZER COM 717081103 92700 1200000 SH DEFINED 0126 1200000
PFIZER COM 717081103 15450 200000 SH DEFINED 0111 200000
PFIZER COM 717081103 38625 500000 SH DEFINED 0124 500000
PFIZER COM 717081103 4272 55300 SH DEFINED 0125 55300
PFIZER COM 717081103 9270 120000 SH DEFINED 0107 120000
PFIZER COM 717081103 5516 71400 SH DEFINED 011622 71400
PFIZER COM 717081103 12213 158100 SH DEFINED 011623 158100
PFIZER COM 717081103 18540 240000 SH DEFINED 011516 240000
PFIZER COM 717081103 22403 290000 SH DEFINED 011618 290000
PFIZER COM 717081103 75830 981626 SH DEFINED 0102 261600 720026
PFIZER COM 717081103 25315 327700 SH DEFINED 0131 327700
PFIZER COM 717081103 4371 56600 SH DEFINED 0103 11500 45100
PFIZER COM 717081103 448 5800 SH DEFINED 01 5800
PHAMIS COM 717101109 644 35800 SH DEFINED 0106 35800
PHELPS DODGE COM 717265102 50147 810396 SH DEFINED 0102 280875 529521
PHELPS DODGE COM 717265102 461 7453 SH DEFINED 0103 4200 3253
PHELPS DODGE COM 717265102 62 1000 SH DEFINED 01 1000
PHILIP MORRIS COM 718154107 24438 425000 SH DEFINED 0130 425000
PHILIP MORRIS COM 718154107 25875 450000 SH DEFINED 0113 450000
PHILIP MORRIS COM 718154107 1133 19700 SH DEFINED 0125 19700
PHILIP MORRIS COM 718154107 7763 135000 SH DEFINED 0107 135000
PHILIP MORRIS COM 718154107 61525 1070000 SH DEFINED 011516 1070000
PHILIP MORRIS COM 718154107 33832 588320 SH DEFINED 0102 211200 377120
PHILIP MORRIS COM 718154107 12363 215000 SH DEFINED 0131 215000
PHILIP MORRIS COM 718154107 3907 67948 SH DEFINED 0103 11100 56848
PHILIP MORRIS COM 718154107 9580 166600 SH DEFINED 01 118500 48100
PHILIPPINE LD144A$25 CONV PFD STOCK 718252505 2310 70000 SH DEFINED 0132 70000
PHILIPPINE LONG DIST COM 718252604 11025 200000 SH DEFINED 0124 200000
PHILIPPINE LONG DIST COM 718252604 3032 55000 SH DEFINED 0112 55000
<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
PHILIPPINE LONG DIST COM 718252604 3908 70900 SH DEFINED 011617 70900
PHILIPPINE LONG DIST COM 718252604 11097 201300 SH DEFINED 0131 201300
PHILIPPINE LONG DIST COM 718252604 485 8800 SH DEFINED 0103 8800
PHILIP LONG DIST $50 CONV PFD STOCK 718252703 4330 80000 SH DEFINED 0132 80000
PHILIP LONG DIST $50 CONV PFD STOCK 718252703 5413 100000 SH DEFINED 0124 100000
PHILLIPS PETROLEUM COM 718507106 514 15700 SH DEFINED 0125 15700
PHILLIPS PETROLEUM COM 718507106 72 2200 SH DEFINED 0102 2200
PHILLIPS PETROLEUM COM 718507106 614 18758 SH DEFINED 0103 18758
PHILLIPS PETROLEUM COM 718507106 1310 40000 SH DEFINED 01 40000
PHYCOR COM 71940F100 7624 285000 SH DEFINED 0106 285000
PHYCOR COM 71940F100 1471 55000 SH DEFINED 011619 55000
PHYCOR COM 71940F100 10433 390000 SH DEFINED 011614 390000
PHYCOR COM 71940F100 19841 741700 SH DEFINED 0102 741700
PHYCOR COM 71940F100 345 12900 SH DEFINED 0103 12900
PHYSICIAN CORP AMERI COM 71940P108 10250 500000 SH DEFINED 0130 500000
PHYSICIAN CORP AMERI COM 71940P108 1640 80000 SH DEFINED 011620 80000
PHYSICIAN CORP AMERI COM 71940P108 3854 188000 SH DEFINED 01 188000
PHYSICIANS CLINIC CONV BOND 71940RAA2 2316 2500000 PRN DEFINED 0107 2500000
PIEDMONT BANKGROUP I COM 720126101 108 5780 SH DEFINED 0102 1405 4375
PIER 1 IMPORTS 144A CONV BOND 720279AE8 705 750000 PRN DEFINED 0104 750000
PIER 1 IMPORTS 144A CONV BOND 720279AE8 470 500000 PRN DEFINED 011621 500000
PIER 1 IMPORTS 144A CONV BOND 720279AE8 235 250000 PRN DEFINED 0131 250000
PIONEER HI-BRED COM 723686101 24150 700000 SH DEFINED 011516 700000
PIONEER HI-BRED COM 723686101 142 4120 SH DEFINED 0103 4120
PITNEY BOWES COM 724479100 28575 900000 SH DEFINED 0130 900000
PITNEY BOWES COM 724479100 22225 700000 SH DEFINED 0124 700000
PITNEY BOWES COM 724479100 2321 73100 SH DEFINED 0125 73100
PITNEY BOWES COM 724479100 42863 1350000 SH DEFINED 011516 1350000
PITNEY BOWES COM 724479100 15875 500000 SH DEFINED 011618 500000
PITNEY BOWES COM 724479100 8239 259500 SH DEFINED 0102 259500
PITNEY BOWES COM 724479100 8890 280000 SH DEFINED 0131 280000
PITNEY BOWES COM 724479100 1610 50695 SH DEFINED 0103 50695
PITNEY BOWES COM 724479100 3388 106700 SH DEFINED 01 106700
PITTSTON SERVICES GP COM 725701106 45814 1728823 SH DEFINED 0103 1726912 1911
PITTSTON MINERALS GP COM 725701205 9627 377513 SH DEFINED 0103 377513
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 1760 40000 SH DEFINED 0104 40000
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 1100 25000 SH DEFINED 011621 25000
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 440 10000 SH DEFINED 0131 10000
PLACER DOME INC COM 725906101 3263 150000 SH DEFINED 0127 150000
PLACER DOME INC COM 725906101 1277 58700 SH DEFINED 0125 58700
PLACER DOME INC COM 725906101 3164 145500 SH DEFINED 0102 145500
PLACER DOME INC COM 725906101 783 35973 SH DEFINED 0103 35973
PLACER DOME INC COM 725906101 80 3700 SH DEFINED 01 3700
POLAROID COM 731095105 70 2159 SH DEFINED 0103 2159
POLICY MGMT SYSTEMS COM 731108106 15120 360000 SH DEFINED 011516 360000
POTLATCH CORP COM 737628107 18625 500000 SH DEFINED 0113 500000
POTLATCH CORP COM 737628107 9909 266000 SH DEFINED 0131 266000
POTLATCH CORP COM 737628107 490 13147 SH DEFINED 0103 13147
POWERSOFT COM 73935T103 4113 50000 SH DEFINED 0106 50000
POWERSOFT COM 73935T103 5568 67700 SH DEFINED 011614 67700
<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
POWERSOFT COM 73935T103 6210 75500 SH DEFINED 0102 75500
POWERSOFT COM 73935T103 4277 52000 SH DEFINED 0131 52000
POWERSOFT COM 73935T103 312 3800 SH DEFINED 0103 3800
PRAXAIR COM 74005P104 127 6213 SH DEFINED 0103 6213
PREMARK INTL INC COM 740459102 131 2928 SH DEFINED 0103 2928
PREMIER INDUSTRIAL COM 740512306 11418 483300 SH DEFINED 011516 483300
PRICE COSTCO COM 74143W102 129 10028 SH DEFINED 0103 10028
PRICE CLUB REIT COM 74147T105 2930 94500 SH DEFINED 0132 94500
PRICELLULAR CORP COM 741504104 1073 110000 SH DEFINED 0106 110000
PRIMADONNA COM 741548101 1663 70000 SH DEFINED 0106 70000
PRIMADONNA COM 741548101 950 40000 SH DEFINED 011619 40000
PRIMADONNA COM 741548101 4750 200000 SH DEFINED 011614 200000
PRIMADONNA COM 741548101 10719 451300 SH DEFINED 0102 451300
PRIMADONNA COM 741548101 207 8700 SH DEFINED 0103 8700
PRIME RESIDENTIAL COM 74156H109 1715 108000 SH DEFINED 0132 108000
PRIME RESIDENTIAL COM 74156H109 2731 172000 SH DEFINED 0107 172000
PROCTER & GAMBLE COM 742718109 9920 160000 SH DEFINED 0108 160000
PROCTER & GAMBLE COM 742718109 31000 500000 SH DEFINED 0126 500000
PROCTER & GAMBLE COM 742718109 5146 83000 SH DEFINED 0125 83000
PROCTER & GAMBLE COM 742718109 18600 300000 SH DEFINED 011618 300000
PROCTER & GAMBLE COM 742718109 210447 3394137 SH DEFINED 0102 1130250 2263887
PROCTER & GAMBLE COM 742718109 7080 114189 SH DEFINED 0103 47250 66939
PROCTER & GAMBLE COM 742718109 10819 174500 SH DEFINED 01 174500
PRODUCTION OPERATORS COM 743080103 4365 180000 SH DEFINED 0128 180000
PROMUS INC COM 74342A109 31000 1000000 SH DEFINED 0126 1000000
PROMUS INC COM 74342A109 22 700 SH DEFINED 0125 700
PROMUS INC COM 74342A109 3100 100000 SH DEFINED 011622 100000
PROMUS INC COM 74342A109 6975 225000 SH DEFINED 011623 225000
PROMUS INC COM 74342A109 3 100 SH DEFINED 0102 100
PROMUS INC COM 74342A109 155 5020 SH DEFINED 0103 5020
PROMUS INC COM 74342A109 1705 55000 SH DEFINED 01 55000
PROPERTY TR AMER $25 CONV PFD STOCK 743445207 1650 75000 SH DEFINED 0104 75000
PROPERTY TR AMER $25 CONV PFD STOCK 743445207 1155 52500 SH DEFINED 011621 52500
PROPERTY TR AMER $25 CONV PFD STOCK 743445207 495 22500 SH DEFINED 0131 22500
PROTEIN DESIGN COM 74369L103 945 60000 SH DEFINED 0106 60000
PROTEIN DESIGN COM 74369L103 1024 65000 SH DEFINED 011614 65000
PROVIDENT LIFE & ACC COM 743889305 7613 350000 SH DEFINED 0113 350000
PRUDENTIAL UTIL CL A COM 743911208 1 167 SH DEFINED 01 167
PROVIDIAN CORP COM 744061102 22384 725000 SH DEFINED 0113 725000
PROVIDIAN CORP COM 744061102 451 14600 SH DEFINED 0125 14600
PROVIDIAN CORP COM 744061102 62 2000 SH DEFINED 0102 2000
PROVIDIAN CORP COM 744061102 334 10835 SH DEFINED 0103 10835
PUBLIC SERV CO COLO COM 744448101 5875 200000 SH DEFINED 0132 200000
PUB SERV ENTERPRISES COM 744573106 299 11285 SH DEFINED 0103 11285
PULTE CORP. COM 745867101 29 1271 SH DEFINED 0103 1271
PURITAN BENNETT COM 746299106 13072 622469 SH DEFINED 0103 622469
PURITY SUPREME WRTS WARRANT 746356997 0 13862 SH DEFINED 0104 13862
PURITY SUPREME WRTS WARRANT 746356997 0 8664 SH DEFINED 011621 8664
PUTNAM HIGH YIELD COM 74678J104 2 186 SH DEFINED 01 186
QUAD SYSTEMS CORP COM 74730Q104 893 70000 SH DEFINED 011619 70000
<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
QUAKER OATS COM 747402105 12300 400000 SH DEFINED 011516 400000
QUAKER OATS COM 747402105 190 6176 SH DEFINED 0103 6176
QUALITY SEMICONDUCTO COM 74758B104 625 50000 SH DEFINED 011619 50000
QUANTUM HEALTH COM 74763L105 11500 400000 SH DEFINED 0126 400000
QUANTUM HEALTH COM 74763L105 4025 140000 SH DEFINED 0106 140000
QUANTUM HEALTH COM 74763L105 1438 50000 SH DEFINED 011619 50000
QUANTUM HEALTH COM 74763L105 5319 185000 SH DEFINED 011614 185000
QUANTUM HEALTH COM 74763L105 14554 506200 SH DEFINED 0102 506200
QUANTUM HEALTH COM 74763L105 247 8600 SH DEFINED 0103 8600
QUICKTURN COM 74838E102 825 60000 SH DEFINED 011619 60000
RFS HOTEL COM 74955J108 7824 535000 SH DEFINED 0107 535000
RFS HOTEL COM 74955J108 4388 300000 SH DEFINED 011516 300000
RFS HOTEL COM 74955J108 4388 300000 SH DEFINED 011618 300000
RFS HOTEL COM 74955J108 2647 181000 SH DEFINED 01 181000
RJR NABISCO COM 74960K108 23650 4300000 SH DEFINED 011516 4300000
ROC COMMUNITIES COM 749650107 5250 250000 SH DEFINED 0107 250000
ROC COMMUNITIES COM 749650107 4200 200000 SH DEFINED 011618 200000
RALCORP HOLDINGS INC COM 751025107 6675 300000 SH DEFINED 011516 300000
RALSTON PURINA GP COM 751277302 208 4668 SH DEFINED 0103 4668
RAYCHEM COM 754603108 8906 250000 SH DEFINED 0124 250000
RAYCHEM COM 754603108 13188 370160 SH DEFINED 0102 91900 278260
RAYCHEM COM 754603108 674 18915 SH DEFINED 0103 16900 2015
RAYCHEM COM 754603108 4596 129000 SH DEFINED 01 129000
RAYMOND WOOLIN MILLS COM 754804102 4449 315000 SH DEFINED 0124 315000
RE CAPITAL CORP CONV BOND 754904AA8 1820 2000000 PRN DEFINED 0104 2000000
RAYONIER COM 754907103 3813 125000 SH DEFINED 0128 125000
RAYONIER COM 754907103 5948 195000 SH DEFINED 0131 195000
RAYONIER COM 754907103 256 8400 SH DEFINED 0103 8400
RAYONIER COM 754907103 5008 164200 SH DEFINED 01 164200
RAYTHEON COM 755111101 25550 400000 SH DEFINED 0126 400000
RAYTHEON COM 755111101 23953 375000 SH DEFINED 0113 375000
RAYTHEON COM 755111101 19163 300000 SH DEFINED 0124 300000
RAYTHEON COM 755111101 2185 34200 SH DEFINED 0125 34200
RAYTHEON COM 755111101 6707 105000 SH DEFINED 0107 105000
RAYTHEON COM 755111101 19163 300000 SH DEFINED 011618 300000
RAYTHEON COM 755111101 7096 111100 SH DEFINED 0102 111100
RAYTHEON COM 755111101 12775 200000 SH DEFINED 0131 200000
RAYTHEON COM 755111101 1861 29136 SH DEFINED 0103 29136
RAYTHEON COM 755111101 185 2900 SH DEFINED 01 2900
READ RITE COM 755246105 1856 100000 SH DEFINED 0106 100000
READ RITE COM 755246105 3341 180000 SH DEFINED 011614 180000
READERS DIGEST ASSN COM 755267101 31931 650000 SH DEFINED 0130 650000
READERS DIGEST ASSN COM 755267101 11790 240000 SH DEFINED 0126 240000
READERS DIGEST ASSN COM 755267101 61898 1260000 SH DEFINED 011516 1260000
REAL ESTATE INVEST-C COM 755895109 3384 211500 SH DEFINED 0107 211500
REEBOK INTERNATIONAL COM 758110100 151 3813 SH DEFINED 0103 3813
REGENCY HEALTH SVCS COM 758934103 8344 750000 SH DEFINED 011516 750000
REGIONAL ACCEPTANCE COM 758935100 2255 220000 SH DEFINED 0106 220000
REGIONAL ACCEPTANCE COM 758935100 615 60000 SH DEFINED 011619 60000
REGENCY REALTY COM 758939102 2931 175000 SH DEFINED 0132 175000
<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
RELIANC IND GDR EURO COM 759458995 6825 350000 SH DEFINED 0135 350000
RELIANCE GP HDS WRTS WARRANT 759464118 833 277791 SH DEFINED 0109 277791
RELIANCE GP HDS WRTS WARRANT 759464118 14 4795 SH DEFINED 01 4795
RELIANCE 144A GDR COM 759470107 3413 175000 SH DEFINED 0135 175000
RENAL TREATMENT CTR COM 759671100 218 10000 SH DEFINED 011619 10000
REPSOL S.A. ADR COM 76026T205 26719 980500 SH DEFINED 0130 980500
REPSOL S.A. ADR COM 76026T205 7903 290000 SH DEFINED 0107 290000
REPSOL S.A. ADR COM 76026T205 3676 134900 SH DEFINED 011516 134900
REPSOL S.A. ADR COM 76026T205 2180 80000 SH DEFINED 011620 80000
REPSOL S.A. ADR COM 76026T205 12263 450000 SH DEFINED 0131 450000
REPSOL S.A. ADR COM 76026T205 463 17000 SH DEFINED 0103 17000
REPUBLIC NY COM 760719104 20363 450000 SH DEFINED 0113 450000
REUTERS HLDS PLC ADR COM 761324201 3510 80000 SH DEFINED 01 80000
REYNOLDS & REYNOLDS COM 761695105 45750 1830000 SH DEFINED 0126 1830000
REYNOLDS & REYNOLDS COM 761695105 16250 650000 SH DEFINED 011516 650000
REYNOLDS METALS COM 761763101 12250 250000 SH DEFINED 0124 250000
REYNOLDS METALS COM 761763101 12250 250000 SH DEFINED 0131 250000
REYNOLDS METALS COM 761763101 598 12190 SH DEFINED 0103 12190
REYNOLDS METALS COM 761763101 1470 30000 SH DEFINED 01 30000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 14513 300000 SH DEFINED 0113 300000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 4838 100000 SH DEFINED 0107 100000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 32411 670000 SH DEFINED 01 670000
RHODIA STER S.A RULE COM 762401107 1913 153000 SH DEFINED 0124 153000
RHONE POULENC RORER COM 76242T104 46823 1282833 SH DEFINED 0103 1282833
RITE AID COM 767754104 7714 330000 SH DEFINED 0128 330000
RITE AID COM 767754104 7013 300000 SH DEFINED 0107 300000
RITE AID COM 767754104 3506 150000 SH DEFINED 011516 150000
RITE AID COM 767754104 95 4062 SH DEFINED 0103 4062
RITE AID COM 767754104 1052 45000 SH DEFINED 01 45000
RIVERWOOD INTL COM 769507104 2405 153892 SH DEFINED 0103 153892
ROADWAY SERVICES COM 769748104 102 1800 SH DEFINED 0103 1800
ROANOKE GAS CO COM 769858101 23 1368 SH DEFINED 0102 1368
ROBERT HALF INTL INC COM 770323103 8351 348000 SH DEFINED 0102 348000
ROBERT HALF INTL INC COM 770323103 5966 248600 SH DEFINED 0131 248600
ROBERT HALF INTL INC COM 770323103 401 16700 SH DEFINED 0103 16700
ROBOTIC VISION SERV COM 771074101 625 100000 SH DEFINED 0106 100000
ROCHESTER GAS & ELEC COM 771367109 4175 200000 SH DEFINED 0132 200000
ROCKWELL INT CORP COM 774347108 17875 500000 SH DEFINED 0113 500000
ROCKWELL INT CORP COM 774347108 2256 63100 SH DEFINED 0125 63100
ROCKWELL INT CORP COM 774347108 8044 225000 SH DEFINED 0107 225000
ROCKWELL INT CORP COM 774347108 315 8800 SH DEFINED 0102 8800
ROCKWELL INT CORP COM 774347108 1326 37075 SH DEFINED 0103 37075
ROGERS COM LY PUT/98 CONV BOND 775109AD3 17000 50000000 PRN DEFINED 0130 50000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 10200 30000000 PRN DEFINED 011516 30000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 2040 6000000 PRN DEFINED 0131 6000000
ROHM & HAAS CO COM 775371107 22850 400000 SH DEFINED 0113 400000
ROHM & HAAS CO COM 775371107 7626 133500 SH DEFINED 011618 133500
ROHM & HAAS CO COM 775371107 178 3120 SH DEFINED 0103 3120
ROHR INC CVT CONV BOND 775416AD2 2503 2225000 PRN DEFINED 0128 2225000
ROHR INC CVT CONV BOND 775416AD2 4528 4025000 PRN DEFINED 0107 4025000
<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
ROHR INDUSTRIES INC COM 775422108 1090 105100 SH DEFINED 0128 105100
ROHR INDUSTRIES INC COM 775422108 2386 230000 SH DEFINED 0131 230000
ROLLINS ENVIRON SERV COM 775709108 14 2784 SH DEFINED 0103 2784
ROOSEVELT FINANCIAL COM 776493108 4500 300000 SH DEFINED 0106 300000
ROOSEVELT FINANCIAL COM 776493108 1950 130000 SH DEFINED 011619 130000
ROOSEVELT FINANCIAL COM 776493108 2250 150000 SH DEFINED 011620 150000
ROOSEVELT FINANCIAL COM 776493108 3375 225000 SH DEFINED 011614 225000
ROWAN COMPANIES INC COM 779382100 43 7100 SH DEFINED 0125 7100
ROWAN COMPANIES INC COM 779382100 6 1000 SH DEFINED 0102 1000
ROWAN COMPANIES INC COM 779382100 42 6869 SH DEFINED 0103 6869
PRICE ROWE INT'L FD COM 77956H203 3 281 SH DEFINED 01 281
ROYAL DUTCH PETE NEW COM 780257705 26875 250000 SH DEFINED 0130 250000
ROYAL DUTCH PETE NEW COM 780257705 79550 740000 SH DEFINED 0126 740000
ROYAL DUTCH PETE NEW COM 780257705 21500 200000 SH DEFINED 0113 200000
ROYAL DUTCH PETE NEW COM 780257705 26875 250000 SH DEFINED 0111 250000
ROYAL DUTCH PETE NEW COM 780257705 9138 85000 SH DEFINED 0107 85000
ROYAL DUTCH PETE NEW COM 780257705 4547 42300 SH DEFINED 011622 42300
ROYAL DUTCH PETE NEW COM 780257705 10105 94000 SH DEFINED 011623 94000
ROYAL DUTCH PETE NEW COM 780257705 11825 110000 SH DEFINED 011516 110000
ROYAL DUTCH PETE NEW COM 780257705 25800 240000 SH DEFINED 011618 240000
ROYAL DUTCH PETE NEW COM 780257705 68007 632609 SH DEFINED 0102 246110 386499
ROYAL DUTCH PETE NEW COM 780257705 13868 129000 SH DEFINED 0131 129000
ROYAL DUTCH PETE NEW COM 780257705 4469 41572 SH DEFINED 0103 11450 30122
ROYAL DUTCH PETE NEW COM 780257705 6558 61000 SH DEFINED 01 61000
RUBBERMAID COM 781088109 9344 325000 SH DEFINED 0108 325000
RUBBERMAID COM 781088109 3450 120000 SH DEFINED 011618 120000
RUBBERMAID COM 781088109 213 7399 SH DEFINED 0103 7399
RUSSELL CORP COM 782352108 60 1910 SH DEFINED 0103 1910
RYANS FAMILY STEAK COM 783519101 5250 700000 SH DEFINED 0128 700000
RYANS FAMILY STEAK COM 783519101 18 2464 SH DEFINED 0103 2464
RYDER SYSTEM COM 783549108 78 3564 SH DEFINED 0103 3564
SCE CORP COM 783882103 14625 1000000 SH DEFINED 0113 1000000
SCE CORP COM 783882103 5850 400000 SH DEFINED 0132 400000
SCE CORP COM 783882103 8775 600000 SH DEFINED 011618 600000
SCE CORP COM 783882103 12431 850000 SH DEFINED 0131 850000
SCE CORP COM 783882103 712 48651 SH DEFINED 0103 48651
SCE CORP COM 783882103 366 25000 SH DEFINED 01 25000
SERVICE CORP $50 CONV PFD STOCK 783888209 15600 300000 SH DEFINED 0130 300000
SERVICE CORP $50 CONV PFD STOCK 783888209 3640 70000 SH DEFINED 0104 70000
SERVICE CORP $50 CONV PFD STOCK 783888209 9880 190000 SH DEFINED 0107 190000
SERVICE CORP $50 CONV PFD STOCK 783888209 2548 49000 SH DEFINED 011621 49000
SERVICE CORP $50 CONV PFD STOCK 783888209 1092 21000 SH DEFINED 0131 21000
SPX CORP COM 784635104 11 637 SH DEFINED 0103 637
SABER SOFTWARE COM 785162108 4241 435000 SH DEFINED 011516 435000
SAFECO CORP COM 786429100 149 2869 SH DEFINED 0103 2869
SAFETY-KLEEN COM 786484105 39 2660 SH DEFINED 0103 2660
ST JOHN KNITS INC COM 790289102 5725 200000 SH DEFINED 0111 200000
ST JUDE MEDICAL COM 790849103 84 2124 SH DEFINED 0103 2124
ST PAUL COMPANIES COM 792860108 24613 550000 SH DEFINED 0113 550000
ST PAUL COMPANIES COM 792860108 6713 150000 SH DEFINED 0107 150000
<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
ST PAUL COMPANIES COM 792860108 12530 280000 SH DEFINED 0131 280000
ST PAUL COMPANIES COM 792860108 2741 61257 SH DEFINED 0103 61257
SALOMON INC. COM 79549B107 223 5947 SH DEFINED 0103 5947
SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 3775 100000 SH DEFINED 011516 100000
SBH-HEWLETT ELK76 37 CONV PFD STOCK 79549B446 6525 75000 SH DEFINED 011618 75000
SBH/AMGEN EQ LKD CONV PFD STOCK 79549B453 3396 65000 SH DEFINED 0128 65000
SBH/AMGEN EQ LKD CONV PFD STOCK 79549B453 6531 125000 SH DEFINED 0107 125000
SBH/AMGEN EQ LKD CONV PFD STOCK 79549B453 10973 210000 SH DEFINED 011516 210000
SANMINA CORP COM 800907107 1635 60000 SH DEFINED 0106 60000
SANMINA CORP COM 800907107 1771 65000 SH DEFINED 011619 65000
SANMINA CORP COM 800907107 1635 60000 SH DEFINED 011620 60000
SANMINA CORP COM 800907107 3270 120000 SH DEFINED 011614 120000
SANIFILL INC COM 801018102 3375 135000 SH DEFINED 0106 135000
SANIFILL INC COM 801018102 5668 226700 SH DEFINED 011614 226700
SANIFILL INC COM 801018102 11171 446700 SH DEFINED 0102 446700
SANIFILL INC COM 801018102 203 8100 SH DEFINED 0103 8100
SANTA ELINA CO WTS WARRANT 801209404 1500 1000000 SH DEFINED 0127 1000000
SANTA BARB S & L 9% CONV BOND 801380AH9 24 400000 PRN DEFINED 0102 400000
SANTA FE ENERGY RES COM 802012104 33 4146 SH DEFINED 0103 4146
SANTA FE PAC GOLD CO COM 802176107 386 30000 SH DEFINED 0127 30000
SANTA FE PAC GOLD CO COM 802176107 4056 315006 SH DEFINED 0131 315006
SANTA FE PAC GOLD CO COM 802176107 250 19380 SH DEFINED 0103 19380
SANTA FE PACIFIC COR COM 802183103 150 8560 SH DEFINED 0103 8560
SARA LEE CORP COM 803111103 10100 400000 SH DEFINED 011516 400000
SARA LEE CORP COM 803111103 172 6800 SH DEFINED 0102 6800
SARA LEE CORP COM 803111103 557 22063 SH DEFINED 0103 22063
SAVOY COM 805375102 175 26900 SH DEFINED 0106 26900
SAVOY COM 805375102 228 35000 SH DEFINED 011614 35000
SAVOY COM 805375102 1007 154900 SH DEFINED 0102 154900
SAVOY COM 805375102 22 3400 SH DEFINED 0103 3400
SCANA CORP COM 805898103 4520 107300 SH DEFINED 0132 107300
SCEPTRE RESOURCES LT COM 806214706 3060 480000 SH DEFINED 01 480000
SCHERER (R.P.)/DE COM 806528105 3630 80000 SH DEFINED 0106 80000
SCHERER (R.P.)/DE COM 806528105 5218 115000 SH DEFINED 011614 115000
SCHERER (R.P.)/DE COM 806528105 5923 130500 SH DEFINED 0102 130500
SCHERER (R.P.)/DE COM 806528105 4038 89000 SH DEFINED 0131 89000
SCHERER (R.P.)/DE COM 806528105 300 6600 SH DEFINED 0103 6600
SCHERING PLOUGH COM 806605101 24050 325000 SH DEFINED 0130 325000
SCHERING PLOUGH COM 806605101 22200 300000 SH DEFINED 0124 300000
SCHERING PLOUGH COM 806605101 7400 100000 SH DEFINED 011618 100000
SCHERING PLOUGH COM 806605101 22121 298902 SH DEFINED 0102 81450 217452
SCHERING PLOUGH COM 806605101 659 8907 SH DEFINED 0103 8907
SCHLUMBERGER LTD COM 806857108 22669 450000 SH DEFINED 0130 450000
SCHLUMBERGER LTD COM 806857108 15113 300000 SH DEFINED 0111 300000
SCHLUMBERGER LTD COM 806857108 30 600 SH DEFINED 0102 600
SCHLUMBERGER LTD COM 806857108 567 11252 SH DEFINED 0103 11252
SCHLUMBERGER LTD COM 806857108 3526 70000 SH DEFINED 01 70000
SCHOLASTIC CORP COM 807066105 14025 275000 SH DEFINED 011516 275000
SCHULMAN (A.) INC COM 808194104 3025 110000 SH DEFINED 011516 110000
SCHULMAN (A.) INC COM 808194104 33 1200 SH DEFINED 0102 1200
<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
SCHULMAN (A.) INC COM 808194104 540 19650 SH DEFINED 0103 19650
SCI-MED LIFE SYSTEMS COM 808614101 5808 115000 SH DEFINED 0128 115000
SCIENTIFIC ATLANTA COM 808655104 8400 400000 SH DEFINED 0126 400000
SCIENTIFIC ATLANTA COM 808655104 12600 600000 SH DEFINED 0111 600000
SCIENTIFIC ATLANTA COM 808655104 21000 1000000 SH DEFINED 0124 1000000
SCIENTIFIC ATLANTA COM 808655104 9450 450000 SH DEFINED 011618 450000
SCIENTIFIC ATLANTA COM 808655104 1575 75000 SH DEFINED 011619 75000
SCIENTIFIC ATLANTA COM 808655104 149 7100 SH DEFINED 0102 7100
SCIENTIFIC ATLANTA COM 808655104 7321 348600 SH DEFINED 0131 348600
SCIENTIFIC ATLANTA COM 808655104 428 20362 SH DEFINED 0103 16900 3462
SCIENTIFIC GAMES HLD COM 808747109 2000 40000 SH DEFINED 011619 40000
SCOTT PAPER COM 809877103 69 1000 SH DEFINED 0102 1000
SCOTT PAPER COM 809877103 236 3414 SH DEFINED 0103 3414
SCOTTS CO CLA COM 810186106 2858 180000 SH DEFINED 0128 180000
SCOTTS CO CLA COM 810186106 4128 260000 SH DEFINED 0131 260000
SCOTTS CO CLA COM 810186106 186 11700 SH DEFINED 0103 11700
SEAGRAM LTD COM 811850106 507 17187 SH DEFINED 0103 17187
SEAGULL ENERGY CORP COM 812007102 1913 100000 SH DEFINED 0132 100000
SEARS ROEBUCK & CO COM 812387108 27600 600000 SH DEFINED 0130 600000
SEARS ROEBUCK & CO COM 812387108 20700 450000 SH DEFINED 0113 450000
SEARS ROEBUCK & CO COM 812387108 276 6000 SH DEFINED 0125 6000
SEARS ROEBUCK & CO COM 812387108 7590 165000 SH DEFINED 0107 165000
SEARS ROEBUCK & CO COM 812387108 85247 1853160 SH DEFINED 0102 662500 1190660
SEARS ROEBUCK & CO COM 812387108 12650 275000 SH DEFINED 0131 275000
SEARS ROEBUCK & CO COM 812387108 2489 54098 SH DEFINED 0103 24700 29398
SEARS ROEBUCK & CO COM 812387108 16496 358610 SH DEFINED 01 358610
SEARS ROEBUCK PERC CONV PFD STOCK 812387504 11125 200000 SH DEFINED 0130 200000
SEARS ROEBUCK PERC CONV PFD STOCK 812387504 14463 260000 SH DEFINED 011618 260000
SEARS ROEBUCK PERC CONV PFD STOCK 812387504 1391 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 25200 700000 SH DEFINED 0126 700000
SENSORMATIC ELECT COM 817265101 8280 230000 SH DEFINED 0106 230000
SENSORMATIC ELECT COM 817265101 10800 300000 SH DEFINED 0111 300000
SENSORMATIC ELECT COM 817265101 12600 350000 SH DEFINED 011614 350000
SENSORMATIC ELECT COM 817265101 20256 562650 SH DEFINED 0102 562650
SENSORMATIC ELECT COM 817265101 8100 225000 SH DEFINED 0131 225000
SENSORMATIC ELECT COM 817265101 385 10700 SH DEFINED 0103 10700
SERVICE CORP INT'L CONV BOND 817565AD6 16290 12000000 PRN DEFINED 011516 12000000
SERVICE CORP INTL COM 817565104 11100 400000 SH DEFINED 0130 400000
SERVICE CORP INTL COM 817565104 2342 84400 SH DEFINED 0125 84400
SERVICE CORP INTL COM 817565104 13043 470000 SH DEFINED 011516 470000
SERVICE CORP INTL COM 817565104 1688 60800 SH DEFINED 0102 60800
SERVICE CORP INTL COM 817565104 5553 200100 SH DEFINED 0131 200100
SERVICE CORP INTL COM 817565104 1374 49513 SH DEFINED 0103 9600 39913
SERVICE CORP INTL COM 817565104 36 1300 SH DEFINED 01 1300
SHANDONG HUANENG ADS COM 819419102 5775 600000 SH DEFINED 0113 600000
SHANDONG HUANENG ADS COM 819419102 1925 200000 SH DEFINED 0132 200000
SHANDONG HUANENG ADS COM 819419102 5172 537300 SH DEFINED 0131 537300
SHARED MED SYSTEMS COM 819486101 34 1049 SH DEFINED 0103 1049
<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
SHAW INDUSTRIES INC COM 820286102 6694 450000 SH DEFINED 0108 450000
SHAWMUT NATIONAL COM 820484103 93 5700 SH DEFINED 0125 5700
SHAWMUT NATIONAL COM 820484103 13 800 SH DEFINED 0102 800
SHAWMUT NATIONAL COM 820484103 128 7836 SH DEFINED 0103 7836
SHERWIN WILLIAMS COM 824348106 12422 375000 SH DEFINED 0108 375000
SHERWIN WILLIAMS COM 824348106 14078 425000 SH DEFINED 011516 425000
SHERWIN WILLIAMS COM 824348106 39845 1202840 SH DEFINED 0102 472490 730350
SHERWIN WILLIAMS COM 824348106 467 14110 SH DEFINED 0103 10100 4010
SHERWIN WILLIAMS COM 824348106 7520 227000 SH DEFINED 01 227000
SHINAWATRA COMP ADR COM 824557102 26 2395 SH DEFINED 01 2395
SHIVA CORP COM 824851109 152 3800 SH DEFINED 0111 3800
SHIVA CORP COM 824851109 108 2700 SH DEFINED 0131 2700
SHOPKO STORES COM 824911101 9713 1050000 SH DEFINED 0113 1050000
SHONEYS INC COM 825039100 676 53000 SH DEFINED 0125 53000
SHONEYS INC COM 825039100 2104 165000 SH DEFINED 011620 165000
SHONEYS INC COM 825039100 13499 1058655 SH DEFINED 0102 320300 738355
SHONEYS INC COM 825039100 312 24495 SH DEFINED 0103 24495
SHONEYS INC COM 825039100 27 2100 SH DEFINED 01 2100
SHURGARD STORAGE CTR COM 82567D104 70 3375 SH DEFINED 0102 3375
SIEBE ADR COM 826166209 365 20915 SH DEFINED 01 20915
SIERRA HEALTH SERVIC COM 826322109 1265 40000 SH DEFINED 011619 40000
SIERRA ON-LINE INC COM 826409104 1302 38000 SH DEFINED 011619 38000
SIGMA-ALDRICH COM 826552101 17325 525000 SH DEFINED 011516 525000
SIGMA-ALDRICH COM 826552101 72 2168 SH DEFINED 0103 2168
SIGNET BANKING CORP COM 826681108 83 2883 SH DEFINED 0102 2883
SIL GR PT 11/98 144A CONV BOND 827056AB8 10600 20000000 PRN DEFINED 011618 20000000
SILICON GRAPHICS INC COM 827056102 26244 850000 SH DEFINED 0126 850000
SILICON GRAPHICS INC COM 827056102 5558 180000 SH DEFINED 0106 180000
SILICON GRAPHICS INC COM 827056102 8954 290000 SH DEFINED 011614 290000
SILICON GRAPHICS INC COM 827056102 25499 825900 SH DEFINED 0102 825900
SILICON GRAPHICS INC COM 827056102 4631 150000 SH DEFINED 0131 150000
SILICON GRAPHICS INC COM 827056102 643 20800 SH DEFINED 0103 20800
SIMON PROP COM 828805101 13338 550000 SH DEFINED 0113 550000
SIMON PROP COM 828805101 2425 100000 SH DEFINED 0132 100000
SINGAPORE LAND COM 829296995 332 56595 SH DEFINED 01 56595
SINGER CO COM 82930F109 13444 450000 SH DEFINED 011618 450000
SINGER CO COM 82930F109 5981 200200 SH DEFINED 01 200200
SIZELER PROPERTY INV COM 830137105 2888 275000 SH DEFINED 0132 275000
SIZELER PROPERTY INV COM 830137105 2625 250000 SH DEFINED 0107 250000
SIZELER PROPERTY INV COM 830137105 4783 455500 SH DEFINED 01 455500
SKYLINE COM 830830105 10 530 SH DEFINED 0103 530
SMITHKLN BCHM EQ UNT COM 832378400 8905 260000 SH DEFINED 0107 260000
SMITHKLN BCHM EQ UNT COM 832378400 14214 415000 SH DEFINED 0131 415000
SMITHKLN BCHM EQ UNT COM 832378400 634 18500 SH DEFINED 0103 18500
SNAP ON INC COM 833034101 64 1914 SH DEFINED 0103 1914
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 3522 175000 SH DEFINED 0104 175000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 7044 350000 SH DEFINED 011516 350000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 2013 100000 SH DEFINED 011621 100000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 1711 85000 SH DEFINED 011620 85000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 1006 50000 SH DEFINED 0131 50000
<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
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 3160 157000 SH DEFINED 01 157000
SOFTBRIDGE MICRO SYS COM 834020992 135 13500 SH DEFINED 01 13500
SOLECTRON CORP COM 834182107 10313 375000 SH DEFINED 0130 375000
SOLECTRON CORP COM 834182107 9625 350000 SH DEFINED 0108 350000
SOLECTRON CORP COM 834182107 9625 350000 SH DEFINED 0126 350000
SOLECTRON CORP COM 834182107 16500 600000 SH DEFINED 0111 600000
SOLECTRON CORP COM 834182107 501 18218 SH DEFINED 0102 18218
SOLECTRON CORP COM 834182107 3869 140700 SH DEFINED 0131 140700
SOLECTRON CORP COM 834182107 184 6700 SH DEFINED 0103 6700
SOLECTRON CORP COM 834182107 2882 104800 SH DEFINED 01 104800
SONAT INC COM 835415100 2800 100000 SH DEFINED 0132 100000
SONAT INC COM 835415100 113 4020 SH DEFINED 0103 4020
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 2458 51200 SH DEFINED 0129 51200
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 3331 69400 SH DEFINED 0104 69400
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 7200 150000 SH DEFINED 0107 150000
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 2381 49600 SH DEFINED 011621 49600
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 1094 22800 SH DEFINED 0131 22800
SONY CORP ADRS COM 835699307 33 580 SH DEFINED 01 580
SOUTH WEST PRPRTY TR COM 840649107 2144 175000 SH DEFINED 0132 175000
SOUTH WEST PRPRTY TR COM 840649107 3675 300000 SH DEFINED 0107 300000
SOUTH WEST PRPRTY TR COM 840649107 1225 100000 SH DEFINED 011618 100000
SOUTHDOWN WARRANTS WARRANT 841297997 160 40000 SH DEFINED 0104 40000
SOUTHDOWN WARRANTS WARRANT 841297997 200 50000 SH DEFINED 0109 50000
SOUTHDOWN WARRANTS WARRANT 841297997 120 30000 SH DEFINED 011621 30000
SO CA EDISON $100 PREFERRED STOCK 842400780 14062 147250 SH DEFINED 0105 147250
SO CA EDISON $100 PREFERRED STOCK 842400780 4632 48500 SH DEFINED 01 48500
SO CA EDISON $100 PREFERRED STOCK 842400780 1910 20000 SH DEFINED 01 20000
SO CA EDISON $100 PREFERRED STOCK 842400780 478 5000 SH DEFINED 0116 5000
SOUTHERN CO. COM 842587107 6000 300000 SH DEFINED 0132 300000
SOUTHERN CO. COM 842587107 598 29899 SH DEFINED 0103 29899
SO INDIANA G&E 100 PREFERRED STOCK 843169996 6849 75000 SH DEFINED 0105 75000
SOUTHWEST AIRLINES COM 844741108 12563 750000 SH DEFINED 0124 750000
SOUTHWEST AIRLINES COM 844741108 16750 1000000 SH DEFINED 011516 1000000
SOUTHWEST AIRLINES COM 844741108 110 6583 SH DEFINED 0103 6583
SOUTHWEST AIRLINES COM 844741108 168 10000 SH DEFINED 01 10000
SOUTHWEST GAS CORP COM 844895102 1413 100000 SH DEFINED 0132 100000
SBC COMMUNICATIONS COM 845333103 8075 200000 SH DEFINED 0132 200000
SBC COMMUNICATIONS COM 845333103 1118 27680 SH DEFINED 0103 27680
SOUTHWESTERN PUBLIC COM 845743103 3975 150000 SH DEFINED 0132 150000
SPECIALTY FOODS ACQ COM 847498102 225 300000 SH DEFINED 0109 300000
SPECIALTY FOODS ACQ COM 847498102 11 15000 SH DEFINED 011621 15000
SPECTRUM HOLOBYTE IN COM 84762J100 1958 145000 SH DEFINED 0106 145000
SPECTRUM HOLOBYTE IN COM 84762J100 1013 75000 SH DEFINED 011619 75000
SPELLING ENTERTNMT G COM 847807104 2150 200000 SH DEFINED 0106 200000
SPELLING ENTERTNMT G COM 847807104 5375 500000 SH DEFINED 0124 500000
SPRINGS INDS INC COM 851783100 30 811 SH DEFINED 0103 811
SPRINT CORP COM 852061100 437 15836 SH DEFINED 0103 15836
SPRINT CORP COM 852061100 276 10000 SH DEFINED 01 10000
STABLE CAPITAL FUND COM 852300987 686508 62455214 SH DEFINED 0103 1317645 61137569
STACIA VENTURES COM 85233E109 0 1000 SH DEFINED 0102 1000
<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
STANDARD MICROSYSTEM COM 853626109 3300 110000 SH DEFINED 011619 110000
STANLEY WORKS THE COM 854616109 19663 550000 SH DEFINED 0113 550000
STANLEY WORKS THE COM 854616109 2095 58600 SH DEFINED 0125 58600
STANLEY WORKS THE COM 854616109 6478 181200 SH DEFINED 011618 181200
STANLEY WORKS THE COM 854616109 808 22600 SH DEFINED 0102 22600
STANLEY WORKS THE COM 854616109 964 26968 SH DEFINED 0103 26968
STANLEY WORKS THE COM 854616109 14 400 SH DEFINED 01 400
STARBUCKS COM 855244109 3548 129000 SH DEFINED 0106 129000
STARBUCKS COM 855244109 5253 191000 SH DEFINED 011614 191000
STARBUCKS COM 855244109 6032 219300 SH DEFINED 0102 219300
STARBUCKS COM 855244109 5415 196900 SH DEFINED 0131 196900
STARBUCKS COM 855244109 394 14300 SH DEFINED 0103 14300
STATE OF THE ART INC COM 857307102 550 80000 SH DEFINED 011619 80000
STATE STREET BOSTON COM 857473102 22900 800000 SH DEFINED 0130 800000
STATE STREET BOSTON COM 857473102 28625 1000000 SH DEFINED 0126 1000000
STATE STREET BOSTON COM 857473102 57966 2025000 SH DEFINED 011516 2025000
STATE STREET BOSTON COM 857473102 1718 60000 SH DEFINED 011620 60000
STEINROE PRIME EQ FD COM 857908107 182 13249 SH DEFINED 0102 13249
STEINROE CAPITAL OPP COM 857908602 81 2527 SH DEFINED 0102 2527
STEINROE SPECIAL FD COM 857908701 479 22186 SH DEFINED 0102 22186
STEINROE INTL FD COM 857908875 179 18000 SH DEFINED 0102 18000
STERIS CORP COM 859152100 6000 160000 SH DEFINED 0106 160000
STERIS CORP COM 859152100 8250 220000 SH DEFINED 011516 220000
STERIS CORP COM 859152100 8063 215000 SH DEFINED 011614 215000
STERIS CORP COM 859152100 7628 203400 SH DEFINED 0102 203400
STERIS CORP COM 859152100 109 2900 SH DEFINED 0103 2900
STERLING SOFTWARE IN COM 859547101 9188 250000 SH DEFINED 0130 250000
STERLING SOFTWARE IN COM 859547101 3675 100000 SH DEFINED 0108 100000
STERLING SOFTWARE IN COM 859547101 5696 155000 SH DEFINED 0106 155000
STERLING SOFTWARE IN COM 859547101 919 25000 SH DEFINED 011619 25000
STERLING SOFTWARE IN COM 859547101 2021 55000 SH DEFINED 011620 55000
STERLING SOFTWARE IN COM 859547101 6431 175000 SH DEFINED 011614 175000
STERLING SOFTWARE IN COM 859547101 3344 91037 SH DEFINED 0102 91037
STERLING SOFTWARE IN COM 859547101 59 1600 SH DEFINED 0103 1600
STERLING SOFTWARE IN COM 859547101 2718 73959 SH DEFINED 01 73959
STEWART & STEVENSON COM 860342104 25306 733500 SH DEFINED 0130 733500
STEWART & STEVENSON COM 860342104 5520 160000 SH DEFINED 0126 160000
STEWART & STEVENSON COM 860342104 863 25000 SH DEFINED 0106 25000
STEWART & STEVENSON COM 860342104 12075 350000 SH DEFINED 011516 350000
STEWART & STEVENSON COM 860342104 7725 223900 SH DEFINED 011618 223900
STEWART & STEVENSON COM 860342104 2243 65000 SH DEFINED 011620 65000
STEWART & STEVENSON COM 860342104 1208 35000 SH DEFINED 011614 35000
STEWART & STEVENSON COM 860342104 3564 103300 SH DEFINED 01 92300 11000
STEWART ENTERPRISES COM 860370105 17150 700000 SH DEFINED 011516 700000
STILLWATER MINING COM 860490994 2322 170454 SH DEFINED 0127 170454
STILLWATER MINING CO COM 86074Q102 6813 500000 SH DEFINED 0124 500000
STILLWATER MINING CO COM 86074Q102 681 50000 SH DEFINED 0127 50000
STONE CONTAINER CONV BOND 861589AE9 9406 12500000 PRN DEFINED 0130 12500000
STONE CONTAINER COM 861589109 10 600 SH DEFINED 0102 600
STONE CONTAINER COM 861589109 72 4169 SH DEFINED 0103 4169
<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
STONE CONTAINER COM 861589109 259 15000 SH DEFINED 01 15000
STORAGE USA COM 861907103 5638 205000 SH DEFINED 0107 205000
STRATACOM INC COM 862683109 1750 50000 SH DEFINED 0106 50000
STRATACOM INC COM 862683109 2450 70000 SH DEFINED 011614 70000
STRATACOM INC COM 862683109 6636 189600 SH DEFINED 0102 189600
STRATACOM INC COM 862683109 2527 72200 SH DEFINED 0131 72200
STRATACOM INC COM 862683109 252 7200 SH DEFINED 0103 7200
STRIDE RITE CORP COM 863314100 26 2310 SH DEFINED 0103 2310
STRYKER CORP COM 863667101 14700 400000 SH DEFINED 0111 400000
STRYKER CORP COM 863667101 47775 1300000 SH DEFINED 011516 1300000
STRYKER CORP COM 863667101 2113 57500 SH DEFINED 0131 57500
SLMA NON/VTG COM 863871505 22750 700000 SH DEFINED 0130 700000
SLMA NON/VTG COM 863871505 16250 500000 SH DEFINED 0113 500000
SLMA NON/VTG COM 863871505 14138 435000 SH DEFINED 011516 435000
SLMA NON/VTG COM 863871505 8938 275000 SH DEFINED 0131 275000
SLMA NON/VTG COM 863871505 377 11600 SH DEFINED 0103 11600
SLMA NON/VTG COM 863871505 832 25600 SH DEFINED 01 25600
STUDENT LOAN CORP COM 863902102 5475 300000 SH DEFINED 011516 300000
SUMMA COM 865628101 8694 325000 SH DEFINED 011516 325000
SUMMIT PROPERTIES COM 866239106 3850 200000 SH DEFINED 0132 200000
SUMMIT PROPERTIES COM 866239106 3850 200000 SH DEFINED 0107 200000
SUMMIT PROPERTIES COM 866239106 2695 140000 SH DEFINED 011618 140000
SUN COMMUNITIES INC COM 866674104 3953 175700 SH DEFINED 0107 175700
SUN COM 866762107 7188 250000 SH DEFINED 0124 250000
SUN COM 866762107 142 4928 SH DEFINED 0103 4928
SUN MICROSYSTEMS INC COM 866810104 330 9300 SH DEFINED 011614 9300
SUN MICROSYSTEMS INC COM 866810104 153 4310 SH DEFINED 0103 4310
SUN AMERICA COM 866930100 10875 300000 SH DEFINED 0111 300000
SUN AMERICA COM 866930100 108 3000 SH DEFINED 0102 3000
SUNAMERICA $37 CONV PFD STOCK 866930704 6417 174600 SH DEFINED 0131 174600
SUN HEALTHCARE GROUP COM 866933104 4187 165000 SH DEFINED 0106 165000
SUN HEALTHCARE GROUP COM 866933104 4441 175000 SH DEFINED 011614 175000
SUNDSTRAND CORP COM 867323107 18200 400000 SH DEFINED 011516 400000
SUNRISE MEDICAL COM 867910101 5928 214591 SH DEFINED 0103 214591
SUNTRUST BANKS INC COM 867914103 270 5648 SH DEFINED 0103 5648
SUPERIOR IND INTL COM 868168105 1978 75000 SH DEFINED 011620 75000
SUPERVALU INC COM 868536103 17150 700000 SH DEFINED 0113 700000
SUPERVALU INC COM 868536103 81 3293 SH DEFINED 0103 3293
SURGICAL CARE AFFILI COM 868818105 5889 290800 SH DEFINED 0106 290800
SURGICAL CARE AFFILI COM 868818105 1114 55000 SH DEFINED 011619 55000
SURGICAL CARE AFFILI COM 868818105 8957 442300 SH DEFINED 011614 442300
SURGICAL CARE AFFILI COM 868818105 10727 529700 SH DEFINED 0102 529700
SURGICAL CARE AFFILI COM 868818105 207 10200 SH DEFINED 0103 10200
SWIFT TRANSPORTATION COM 870756103 5545 270500 SH DEFINED 0102 270500
SWIFT TRANSPORTATION COM 870756103 105 5100 SH DEFINED 0103 5100
SYBRON CHEMICALS INC COM 870903101 4650 300000 SH DEFINED 0124 300000
SYBASE SOFTWARE COM 871130100 6708 129000 SH DEFINED 0106 129000
SYBASE SOFTWARE COM 871130100 1300 25000 SH DEFINED 011619 25000
SYBASE SOFTWARE COM 871130100 9776 188000 SH DEFINED 011614 188000
SYBASE SOFTWARE COM 871130100 8305 159750 SH DEFINED 0102 159750
<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 5564 107000 SH DEFINED 0131 107000
SYBASE SOFTWARE COM 871130100 494 9500 SH DEFINED 0103 9500
SYBRON CORP COM 87114F106 659 19100 SH DEFINED 011619 19100
SYBRON CORP COM 87114F106 1732 50200 SH DEFINED 0102 50200
SYBRON CORP COM 87114F106 1497 43397 SH DEFINED 0103 900 42497
SYNOPSYS INC COM 871607107 6090 139200 SH DEFINED 0106 139200
SYNOPSYS INC COM 871607107 1531 35000 SH DEFINED 011619 35000
SYNOPSYS INC COM 871607107 9104 208100 SH DEFINED 011614 208100
SYNOPSYS INC COM 871607107 15422 352500 SH DEFINED 0102 352500
SYNOPSYS INC COM 871607107 9638 220300 SH DEFINED 0131 220300
SYNOPSYS INC COM 871607107 879 20100 SH DEFINED 0103 20100
SYNOPTICS COMM 144A CONV BOND 871609AA1 14950 20000000 PRN DEFINED 0130 20000000
SYSCO CORPORATION COM 871829107 7081 275000 SH DEFINED 0108 275000
SYSCO CORPORATION COM 871829107 10300 400000 SH DEFINED 011516 400000
SYSCO CORPORATION COM 871829107 3863 150000 SH DEFINED 011618 150000
SYSCO CORPORATION COM 871829107 219 8495 SH DEFINED 0103 8495
SYSTEM SOFTWARE ASSC COM 871839106 1575 100000 SH DEFINED 011620 100000
SYSTEM SOFTWARE ASSC COM 871839106 3560 226000 SH DEFINED 01 226000
SYSTEMS &COMP TECH COM 871873105 1044 50000 SH DEFINED 011619 50000
TIG HOLDINGS COM 872469101 6563 350000 SH DEFINED 0124 350000
TJX COS COM 872540109 19531 1250000 SH DEFINED 0113 1250000
TJX COS COM 872540109 6250 400000 SH DEFINED 0107 400000
TJX COS COM 872540109 475 30387 SH DEFINED 0103 30387
TRW COM 872649108 196 2975 SH DEFINED 0103 2975
TSL HOLDINGS INC COM 872918107 0 15 SH DEFINED 0102 15
TAMBRANDS INC COM 875080103 14484 375000 SH DEFINED 011516 375000
TANDEM COMPUTERS COM 875370108 91 5306 SH DEFINED 0103 5306
TANDY CORP COM 875382103 65 1300 SH DEFINED 0102 1300
TANDY CORP COM 875382103 147 2926 SH DEFINED 0103 2926
TARGET THERAPEUTICS COM 875919102 3249 115000 SH DEFINED 0106 115000
TARGET THERAPEUTICS COM 875919102 4435 157000 SH DEFINED 011614 157000
TATA ENG&LOCO GDR COM 876568106 12495 714000 SH DEFINED 0124 714000
TAUBMAN CENTERS INC COM 876664103 8288 850000 SH DEFINED 0113 850000
TECH DATA CORP COM 878237106 5525 325000 SH DEFINED 0108 325000
TECH DATA CORP COM 878237106 8500 500000 SH DEFINED 0126 500000
TECH DATA CORP COM 878237106 1870 110000 SH DEFINED 011620 110000
TECH DATA CORP COM 878237106 3274 192600 SH DEFINED 0131 192600
TECH DATA CORP COM 878237106 2397 141000 SH DEFINED 01 141000
TEKTRONIX COM 879131100 48 1393 SH DEFINED 0103 1393
TELECABLE COM 879190106 1119 16000 SH DEFINED 0102 16000
TELE-COMMUNICATION A COM 87924V101 10875 500000 SH DEFINED 0130 500000
TELE-COMMUNICATION A COM 87924V101 21750 1000000 SH DEFINED 0126 1000000
TELE-COMMUNICATION A COM 87924V101 10875 500000 SH DEFINED 0111 500000
TELE-COMMUNICATION A COM 87924V101 402 18500 SH DEFINED 0125 18500
TELE-COMMUNICATION A COM 87924V101 57311 2635000 SH DEFINED 011516 2635000
TELE-COMMUNICATION A COM 87924V101 22838 1050000 SH DEFINED 011618 1050000
TELE-COMMUNICATION A COM 87924V101 658 30121 SH DEFINED 0102 30121
TELE-COMMUNICATION A COM 87924V101 3915 180000 SH DEFINED 0131 180000
TELE-COMMUNICATION A COM 87924V101 623 28642 SH DEFINED 0103 28642
TELE-COMMUNICATION A COM 87924V101 653 30000 SH DEFINED 01 30000
<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
TELE DANMARK ADS COM 879242105 10200 400000 SH DEFINED 0126 400000
TELE DANMARK ADS COM 879242105 5228 205000 SH DEFINED 0132 205000
TELE DANMARK ADS COM 879242105 13388 525000 SH DEFINED 0124 525000
TELE DANMARK ADS COM 879242105 7650 300000 SH DEFINED 0107 300000
TELE DANMARK ADS COM 879242105 8405 329600 SH DEFINED 011618 329600
TELEDYNE COM 879335107 51 2557 SH DEFINED 0103 2557
TELEFLEX INC COM 879369106 9585 270000 SH DEFINED 0108 270000
TELEFONICA DE ARGENT COM 879378206 3180 60000 SH DEFINED 0112 60000
TELEFONICA DE ARGENT COM 879378206 4770 90000 SH DEFINED 011617 90000
TELEFONICA DE ARGENT COM 879378206 1325 25000 SH DEFINED 0131 25000
TELEFONICA DE ESPANA COM 879382208 7025 200000 SH DEFINED 0132 200000
TELEFONICA DE ESPANA COM 879382208 12294 350000 SH DEFINED 0124 350000
TELEFONOS DE MEXICO COM 879403400 2 1100 SH DEFINED 01 1100
TELEFONOS DE MEXICO COM 879403780 1025 25000 SH DEFINED 0132 25000
TELEFONOS DE MEXICO COM 879403780 5125 125000 SH DEFINED 0124 125000
TELEFONOS DE MEXICO COM 879403780 10250 250000 SH DEFINED 011516 250000
TELEFONOS DE MEXICO COM 879403780 9676 236000 SH DEFINED 01 236000
TELEWEST COM 87956P105 1988 75000 SH DEFINED 0132 75000
TELEWEST COM 87956P105 5300 200000 SH DEFINED 0124 200000
TELEWEST COM 87956P105 11 400 SH DEFINED 0102 400
TELEWEST COM 87956P105 1627 61400 SH DEFINED 0131 61400
TELEWEST COM 87956P105 151 5700 SH DEFINED 0103 5700
TELLABS COM 879664100 11150 200000 SH DEFINED 0126 200000
TELLABS COM 879664100 11986 215000 SH DEFINED 0106 215000
TELLABS COM 879664100 33450 600000 SH DEFINED 0111 600000
TELLABS COM 879664100 18955 340000 SH DEFINED 011614 340000
TELLABS COM 879664100 29189 523600 SH DEFINED 0102 523600
TELLABS COM 879664100 6004 107700 SH DEFINED 0131 107700
TELLABS COM 879664100 1198 21500 SH DEFINED 0103 21500
TEMPEST REINS PRIVAT COM 8798009A0 8010 80000 SH DEFINED 0108 80000
TEMPEST REINS PRIVAT COM 8798009A0 3004 30000 SH DEFINED 0128 30000
TEMPEST REINS PRIVAT COM 8798009A0 8010 80000 SH DEFINED 0124 80000
TEMPEST REINS PRIVAT COM 8798009A0 7710 77000 SH DEFINED 0131 77000
TEMPEST REINS PRIVAT COM 8798009A0 300 3000 SH DEFINED 0103 3000
TEMPLE INLAND COM 879868107 115 2548 SH DEFINED 0103 2548
TENNECO INC COM 880370101 43155 1015408 SH DEFINED 0130 1015408
TENNECO INC COM 880370101 22313 525000 SH DEFINED 0113 525000
TENNECO INC COM 880370101 3609 84917 SH DEFINED 0132 84917
TENNECO INC COM 880370101 8925 210000 SH DEFINED 0107 210000
TENNECO INC COM 880370101 14875 350000 SH DEFINED 011516 350000
TENNECO INC COM 880370101 1233 28990 SH DEFINED 0102 11400 17590
TENNECO INC COM 880370101 12750 300000 SH DEFINED 0131 300000
TENNECO INC COM 880370101 816 19199 SH DEFINED 0103 19199
TENNECO INC COM 880370101 12498 294056 SH DEFINED 01 125192 168864
TENNECO SRS B $100 PREFERRED STOCK 880370721 6848 68998 SH DEFINED 0105 68998
TENNECO SRS B $100 PREFERRED STOCK 880370721 1388 13985 SH DEFINED 01 13985
TENNECO SRS B $100 PREFERRED STOCK 880370721 347 3499 SH DEFINED 01 3499
TERADYNE INC COM 880770102 20325 600000 SH DEFINED 0126 600000
TERADYNE INC COM 880770102 1233 36400 SH DEFINED 0106 36400
TERADYNE INC COM 880770102 1877 55400 SH DEFINED 011614 55400
<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
TERADYNE INC COM 880770102 4098 121000 SH DEFINED 0102 121000
TERADYNE INC COM 880770102 75 2200 SH DEFINED 0103 2200
TEXACO COM 881694103 23950 400000 SH DEFINED 0130 400000
TEXACO COM 881694103 22453 375000 SH DEFINED 0113 375000
TEXACO COM 881694103 715 11945 SH DEFINED 0103 11945
TEXACO COM 881694103 2096 35000 SH DEFINED 01 35000
TEXAS INSTRUMENTS COM 882508104 317 4229 SH DEFINED 0103 4229
TEXAS UTILITIES COM 882848104 3200 100000 SH DEFINED 0132 100000
TEXAS UTILITIES COM 882848104 333 10415 SH DEFINED 0103 10415
TEXTRON INC COM 883203101 23928 475000 SH DEFINED 0113 475000
TEXTRON INC COM 883203101 12594 250000 SH DEFINED 0131 250000
TEXTRON INC COM 883203101 782 15537 SH DEFINED 0103 15537
THAI FARMERS BANK COM 883377996 101 14725 SH DEFINED 01 14725
THERMADYNE HDS CL B COM 883434201 0 120000 SH DEFINED 0104 120000
THERMADYNE HLDG RES COM 883435109 78 6693 SH DEFINED 0104 6693
THERMO-ELECTRON COM 883556102 5834 130000 SH DEFINED 0106 130000
THERMO-ELECTRON COM 883556102 8975 200000 SH DEFINED 011614 200000
THERMEDICS INC COM 883901100 829 65000 SH DEFINED 011619 65000
THIOKOL CORP COM 884103102 9756 350000 SH DEFINED 0108 350000
THIOKOL CORP COM 884103102 3903 140000 SH DEFINED 0128 140000
THOMAS & BETTS COM 884315102 58 870 SH DEFINED 0103 870
3 DO COM 88553W105 12000 1200000 SH DEFINED 011516 1200000
3 COM CORP COM 885535104 1805 35000 SH DEFINED 011620 35000
3 COM CORP COM 885535104 7796 151200 SH DEFINED 0102 151200
3 COM CORP COM 885535104 5357 103900 SH DEFINED 0131 103900
3 COM CORP COM 885535104 392 7600 SH DEFINED 0103 7600
TIFFANY & CO-NEW COM 886547108 1950 50000 SH DEFINED 011614 50000
TIME WARNER INC CONV BOND 887315AH2 13781 45000000 PRN DEFINED 0130 45000000
TIME WARNER INC CONV BOND 887315AH2 2037 6650000 PRN DEFINED 0104 6650000
TIME WARNER INC CONV BOND 887315AH2 1455 4750000 PRN DEFINED 011621 4750000
TIME WARNER INC CONV BOND 887315AH2 12832 41900000 PRN DEFINED 011618 41900000
TIME WARNER INC CONV BOND 887315AH2 1531 5000000 PRN DEFINED 011620 5000000
TIME WARNER INC CONV BOND 887315AH2 582 1900000 PRN DEFINED 0131 1900000
TIME WARNER INC COM 887315109 18441 525000 SH DEFINED 0130 525000
TIME WARNER INC COM 887315109 35125 1000000 SH DEFINED 0126 1000000
TIME WARNER INC COM 887315109 21075 600000 SH DEFINED 0124 600000
TIME WARNER INC COM 887315109 7 200 SH DEFINED 0125 200
TIME WARNER INC COM 887315109 2308 65700 SH DEFINED 011622 65700
TIME WARNER INC COM 887315109 5135 146200 SH DEFINED 011623 146200
TIME WARNER INC COM 887315109 8781 250000 SH DEFINED 011516 250000
TIME WARNER INC COM 887315109 19319 550000 SH DEFINED 011618 550000
TIME WARNER INC COM 887315109 9458 269265 SH DEFINED 0102 98300 170965
TIME WARNER INC COM 887315109 1295 36846 SH DEFINED 0103 19300 17546
TIME WARNER INC COM 887315109 8957 255000 SH DEFINED 01 255000
TIMES MIRROR CL A COM 887360105 183 5845 SH DEFINED 0103 5845
TIMKEN CO. COM 887389104 50 1423 SH DEFINED 0103 1423
TOLL CORP CONV BOND 889479AD3 1713 2500000 PRN DEFINED 0104 2500000
TOLL CORP CONV BOND 889479AD3 1199 1750000 PRN DEFINED 011621 1750000
TOLL CORP CONV BOND 889479AD3 514 750000 PRN DEFINED 0131 750000
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<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
TORCHMARK CORP COM 891027104 276 7900 SH DEFINED 0125 7900
TORCHMARK CORP COM 891027104 38 1100 SH DEFINED 0102 1100
TORCHMARK CORP COM 891027104 236 6762 SH DEFINED 0103 6762
TOWN & COUNTRY COM 892081100 3531 250000 SH DEFINED 0107 250000
TOYS R US COM 892335100 13219 433436 SH DEFINED 0102 148500 284936
TOYS R US COM 892335100 1261 41344 SH DEFINED 0103 27950 13394
TOYS R US COM 892335100 1830 60000 SH DEFINED 01 60000
TRANSACTION NETWORK COM 893414102 943 65000 SH DEFINED 011619 65000
TRANSAMERICA CORP COM 893485102 7960 160000 SH DEFINED 0107 160000
TRANSAMERICA CORP COM 893485102 162 3253 SH DEFINED 0103 3253
TRANSATLANTIC HLDS COM 893521104 8381 150000 SH DEFINED 0108 150000
TRANSCO ENERGY CO COM 893532101 31 1888 SH DEFINED 0103 1888
TRANSCO ENERGY PREFERRED STOCK 893532309 5250 105000 SH DEFINED 0132 105000
TRANSDIGM WARRANTS WARRANT 893900993 479 4787 SH DEFINED 0109 4787
TRAVELERS INC NEW COM 894190107 26813 825000 SH DEFINED 0130 825000
TRAVELERS INC NEW COM 894190107 19500 600000 SH DEFINED 0113 600000
TRAVELERS INC NEW COM 894190107 9750 300000 SH DEFINED 0111 300000
TRAVELERS INC NEW COM 894190107 254 7800 SH DEFINED 0125 7800
TRAVELERS INC NEW COM 894190107 45500 1400000 SH DEFINED 011516 1400000
TRAVELERS INC NEW COM 894190107 26650 820000 SH DEFINED 011618 820000
TRAVELERS INC NEW COM 894190107 2113 65000 SH DEFINED 011620 65000
TRAVELERS INC NEW COM 894190107 10359 318591 SH DEFINED 0102 82066 236525
TRAVELERS INC NEW COM 894190107 12188 375000 SH DEFINED 0131 375000
TRAVELERS INC NEW COM 894190107 1680 51662 SH DEFINED 0103 16250 35412
TRAVELERS INC NEW COM 894190107 5018 154411 SH DEFINED 01 154411
TRIANGLE WIRE & CABL COM 895929107 1056 211111 SH DEFINED 0104 211111
TRIANGLE WIRE & CABL COM 895929107 2744 548889 SH DEFINED 0109 548889
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TRIBUNE CO COM 896047107 170 3097 SH DEFINED 0103 3097
TRINITY INDUSTRIES COM 896522109 6300 200000 SH DEFINED 0108 200000
TRINITY INDUSTRIES COM 896522109 1733 55000 SH DEFINED 011620 55000
TRINOVA CORP COM 896678109 38 1310 SH DEFINED 0103 1310
TULTEX CORP COM 899900104 285 58468 SH DEFINED 0102 58468
TURNER BROADCAST B COM 900262502 20141 1230000 SH DEFINED 011516 1230000
TURNER BROADCAST B COM 900262502 11463 700000 SH DEFINED 011618 700000
TYCO INTERNATIONAL COM 902120104 7125 150000 SH DEFINED 0111 150000
TYCO INTERNATIONAL COM 902120104 19950 420000 SH DEFINED 011618 420000
TYCO INTERNATIONAL COM 902120104 14 300 SH DEFINED 0102 300
TYCO INTERNATIONAL COM 902120104 3219 67763 SH DEFINED 0103 65638 2125
TYCO INTERNATIONAL COM 902120104 9334 196500 SH DEFINED 01 196500
TYSON FOODS INC -CL COM 902494103 5440 256000 SH DEFINED 01 256000
UAL CORP 144A $100 A CONV PFD STOCK 902549302 16675 200000 SH DEFINED 0113 200000
UAL CORP 144A $100 A CONV PFD STOCK 902549302 3335 40000 SH DEFINED 0131 40000
USX MARATHON GROUP COM 902905827 216 13216 SH DEFINED 0103 13216
UST INC COM 902911106 22200 800000 SH DEFINED 0130 800000
UST INC COM 902911106 24975 900000 SH DEFINED 0113 900000
UST INC COM 902911106 2267 81700 SH DEFINED 0125 81700
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UST INC COM 902911106 58275 2100000 SH DEFINED 011516 2100000
UST INC COM 902911106 9163 330200 SH DEFINED 0102 330200
<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
UST INC COM 902911106 12488 450000 SH DEFINED 0131 450000
UST INC COM 902911106 1672 60255 SH DEFINED 0103 60255
UST INC COM 902911106 239 8600 SH DEFINED 01 8600
UNR INDUSTRIES INC COM 903185106 255 40000 SH DEFINED 0128 40000
UNUM CORP COM 903192102 18875 500000 SH DEFINED 0130 500000
UNUM CORP COM 903192102 9438 250000 SH DEFINED 0124 250000
UNUM CORP COM 903192102 67950 1800000 SH DEFINED 011516 1800000
UNUM CORP COM 903192102 7550 200000 SH DEFINED 011618 200000
UNUM CORP COM 903192102 34 900 SH DEFINED 0102 900
UNUM CORP COM 903192102 134 3546 SH DEFINED 0103 3546
UNUM CORP COM 903192102 1133 30000 SH DEFINED 01 30000
USF&G CONV BOND 903290AD6 9752 21200000 PRN DEFINED 011516 21200000
USF&G CONV BOND 903290AD6 759 1650000 PRN DEFINED 0131 1650000
USF&G CONV BOND 903290AD6 69 150000 PRN DEFINED 0103 150000
U S F & G CORP COM 903290104 54 3934 SH DEFINED 0103 3934
USLICO CORP CONV BOND 903297AB5 604 600000 PRN DEFINED 0129 600000
USLICO CORP CONV BOND 903297AB5 1208 1200000 PRN DEFINED 0104 1200000
USLICO CORP CONV BOND 903297AB5 604 600000 PRN DEFINED 0109 600000
USLICO CORP CONV BOND 903297AB5 604 600000 PRN DEFINED 011621 600000
USX-US STEEL GROUP COM 90337T101 124 3480 SH DEFINED 0103 3480
USX-US STEEL GROUP COM 90337T101 710 20000 SH DEFINED 01 20000
ULTRAMAR COM 903912103 8925 350000 SH DEFINED 0107 350000
ULTRAMAR COM 903912103 4667 183000 SH DEFINED 01 183000
ULTRATECH STEPPER COM 904034105 1254 33000 SH DEFINED 011619 33000
UNIFI, INC. COM 904677101 5100 200000 SH DEFINED 011618 200000
UNILEVER NV NY SHRS COM 904784501 1025 8800 SH DEFINED 0125 8800
UNILEVER NV NY SHRS COM 904784501 140 1200 SH DEFINED 0102 1200
UNILEVER NV NY SHRS COM 904784501 1291 11080 SH DEFINED 0103 11080
UNICOM CORP COM 904911104 237 9857 SH DEFINED 0103 9857
UNION CAMP CORP COM 905530101 23563 500000 SH DEFINED 0130 500000
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UNION CAMP CORP COM 905530101 23563 500000 SH DEFINED 0113 500000
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UNION CAMP CORP COM 905530101 642 13620 SH DEFINED 0103 13620
UNION CARBIDE CORP COM 905581104 205 6964 SH DEFINED 0103 6964
UNION ELECTRIC COM 906548102 167 4710 SH DEFINED 0103 4710
UNION PACIFIC CORP COM 907818108 27375 600000 SH DEFINED 0130 600000
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UNION PACIFIC CORP COM 907818108 2313 50700 SH DEFINED 0125 50700
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UNION PACIFIC CORP COM 907818108 45625 1000000 SH DEFINED 011516 1000000
UNION PACIFIC CORP COM 907818108 8669 190000 SH DEFINED 011618 190000
UNION PACIFIC CORP COM 907818108 17233 377720 SH DEFINED 0102 116600 261120
UNION PACIFIC CORP COM 907818108 12091 265000 SH DEFINED 0131 265000
UNION PACIFIC CORP COM 907818108 2130 46661 SH DEFINED 0103 5600 41061
UNION PACIFIC CORP COM 907818108 9066 198700 SH DEFINED 01 198700
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<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 ASSET MGMT CO COM 909420101 5531 150000 SH DEFINED 0107 150000
UEM 144A PUT3/99 CONV BOND 910213AA5 3563 3750000 PRN DEFINED 0104 3750000
UEM 144A PUT3/99 CONV BOND 910213AA5 1425 1500000 PRN DEFINED 011621 1500000
UEM 144A PUT3/99 CONV BOND 910213AA5 713 750000 PRN DEFINED 0131 750000
UNITED HEALTHCARE COM 910581107 45125 1000000 SH DEFINED 0126 1000000
UNITED HEALTHCARE COM 910581107 6769 150000 SH DEFINED 0106 150000
UNITED HEALTHCARE COM 910581107 22563 500000 SH DEFINED 0111 500000
UNITED HEALTHCARE COM 910581107 63 1400 SH DEFINED 0125 1400
UNITED HEALTHCARE COM 910581107 4445 98500 SH DEFINED 011622 98500
UNITED HEALTHCARE COM 910581107 9598 212700 SH DEFINED 011623 212700
UNITED HEALTHCARE COM 910581107 13989 310000 SH DEFINED 011618 310000
UNITED HEALTHCARE COM 910581107 1579 35000 SH DEFINED 011620 35000
UNITED HEALTHCARE COM 910581107 9928 220000 SH DEFINED 011614 220000
UNITED HEALTHCARE COM 910581107 10327 228783 SH DEFINED 0102 98650 130133
UNITED HEALTHCARE COM 910581107 12084 267800 SH DEFINED 0131 267800
UNITED HEALTHCARE COM 910581107 949 21016 SH DEFINED 0103 12800 8216
U.S. BANCORP COM 911596104 104 4611 SH DEFINED 0103 4611
US AIR GROUP INC. COM 911905107 12 2733 SH DEFINED 0103 2733
US HEALTH CARE INC COM 911910107 9488 230000 SH DEFINED 0106 230000
US HEALTH CARE INC COM 911910107 1304 31600 SH DEFINED 0125 31600
US HEALTH CARE INC COM 911910107 3354 81300 SH DEFINED 011622 81300
US HEALTH CARE INC COM 911910107 7244 175600 SH DEFINED 011623 175600
US HEALTH CARE INC COM 911910107 14438 350000 SH DEFINED 011618 350000
US HEALTH CARE INC COM 911910107 14231 345000 SH DEFINED 011614 345000
US HEALTH CARE INC COM 911910107 3441 83427 SH DEFINED 0102 83427
US HEALTH CARE INC COM 911910107 11892 288300 SH DEFINED 0131 288300
US HEALTH CARE INC COM 911910107 1432 34706 SH DEFINED 0103 13850 20856
US HEALTH CARE INC COM 911910107 70 1700 SH DEFINED 01 1700
U. S. SURGICAL CORP COM 912707106 49 2600 SH DEFINED 0103 2600
U S WEST COM 912889102 26719 750000 SH DEFINED 0130 750000
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U S WEST COM 912889102 14250 400000 SH DEFINED 0132 400000
U S WEST COM 912889102 1407 39500 SH DEFINED 0125 39500
U S WEST COM 912889102 7659 215000 SH DEFINED 0107 215000
U S WEST COM 912889102 2138 60000 SH DEFINED 011622 60000
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UNITED TECHNOLOGIES COM 913017109 25150 400000 SH DEFINED 0126 400000
UNITED TECHNOLOGIES COM 913017109 2157 34300 SH DEFINED 0125 34300
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UNITED TECHNOLOGIES COM 913017109 22893 364050 SH DEFINED 0102 161000 203050
UNITED TECHNOLOGIES COM 913017109 12575 200000 SH DEFINED 0131 200000
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<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
UNITED TELECOM $100 PREFERRED STOCK 9130259A2 3890 39914 SH DEFINED 0105 39914
UNITED WASTE SYS INC COM 913174108 1625 65000 SH DEFINED 0106 65000
UNITED WASTE SYS INC COM 913174108 2375 95000 SH DEFINED 011614 95000
UNITED WASTE SYS INC COM 913174108 2901 115900 SH DEFINED 0102 115900
UNITED WASTE SYS INC COM 913174108 55 2200 SH DEFINED 0103 2200
UNIVERSITY PATENTS COM 914802103 1444 210000 SH DEFINED 0106 210000
UNOCAL CORP COM 915289102 10900 400000 SH DEFINED 0126 400000
UNOCAL CORP COM 915289102 531 19500 SH DEFINED 0125 19500
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UPF GROUP COM 915290993 131 51250 SH DEFINED 01 51250
UPJOHN COM 915302103 245 7978 SH DEFINED 0103 7978
USIMINAS 144 ADR COM 917302101 4769 350000 SH DEFINED 0124 350000
USLIFE CORP COM 917318107 37 1056 SH DEFINED 0103 1056
UTILICORP UNITED INC COM 918005109 3975 150000 SH DEFINED 0132 150000
V. F. CORP COM 918204108 145 2982 SH DEFINED 0103 2982
VIDEO TELECOMM COM 918333105 608 70000 SH DEFINED 011619 70000
VAALREEFS EXP & MNG COM 918506403 680 75000 SH DEFINED 0110 75000
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VALENCE TECH COM 918914102 238 100000 SH DEFINED 0106 100000
VALENCE TECH COM 918914102 309 130000 SH DEFINED 011614 130000
VALUE HEALTH INC COM 920393105 5774 155000 SH DEFINED 0106 155000
VALUE HEALTH INC COM 920393105 8568 230000 SH DEFINED 011614 230000
VALUE HEALTH INC COM 920393105 19 500 SH DEFINED 0102 500
STAR PORTFOLIO COM 921909107 1 98 SH DEFINED 01 98
VARITY CORP COM 92224R602 73 2027 SH DEFINED 0103 2027
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VEECO COM 922417100 608 60000 SH DEFINED 011619 60000
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VENTRITEX INC COM 922814108 54 2000 SH DEFINED 0103 2000
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VIACOM INC WTS C '97 WARRANT 925524126 538 162500 SH DEFINED 011516 162500
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<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
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VIKING OFFICE PRODS COM 926913104 6738 220000 SH DEFINED 011614 220000
VIKING OFFICE PRODS COM 926913104 10884 355400 SH DEFINED 0102 355400
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VIKING OFFICE PRODS COM 926913104 416 13600 SH DEFINED 0103 13600
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<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
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WEBCO COM 947621108 5250 600000 SH DEFINED 011516 600000
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WEYERHAEUSER COM 962166104 28125 750000 SH DEFINED 0124 750000
WEYERHAEUSER COM 962166104 7313 195000 SH DEFINED 0107 195000
<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
WEYERHAEUSER COM 962166104 61396 1636970 SH DEFINED 0102 562700 1074270
WEYERHAEUSER COM 962166104 1503 40030 SH DEFINED 0103 30550 9480
WEYERHAEUSER COM 962166104 7126 190000 SH DEFINED 01 190000
WHIRLPOOL CORP COM 963320106 174 3426 SH DEFINED 0103 3426
WHITMAN CORP COM 96647K102 84 4886 SH DEFINED 0103 4886
WILLAMETTE IND INC COM 969133107 9500 200000 SH DEFINED 0108 200000
WILLIAM COMPANIES COM 969457100 5025 200000 SH DEFINED 0132 200000
WILLIAM COMPANIES COM 969457100 201 8000 SH DEFINED 0125 8000
WILLIAM COMPANIES COM 969457100 28 1100 SH DEFINED 0102 1100
WILLIAM COMPANIES COM 969457100 205 8182 SH DEFINED 0103 8182
WILLIAMS SONOMA COM 969904101 10 337 SH DEFINED 0102 337
WILLIAMS SONOMA COM 969904101 176 5850 SH DEFINED 0103 5850
WINN-DIXIE COM 974280109 176 3433 SH DEFINED 0103 3433
WINSLOEW FURNITURE COM 975377102 875 140000 SH DEFINED 0107 140000
WITCO CORP COM 977385103 13544 550000 SH DEFINED 0130 550000
WOOLWORTH CORP COM 980883102 91 6054 SH DEFINED 0103 6054
WOOLWORTH'SLTD144ADS COM 980888309 2171 100000 SH DEFINED 0135 100000
WORTHINGTON IND COM 981811102 12000 600000 SH DEFINED 0108 600000
WORTHINGTON IND COM 981811102 359 17943 SH DEFINED 0102 17943
WORTHINGTON IND COM 981811102 84 4176 SH DEFINED 0103 4176
WRIGLEY WM JR CO COM 982526105 265 5367 SH DEFINED 0103 5367
XOMA CORP WARRANTS WARRANT 983907114 0 4142 SH DEFINED 011516 4142
XILINX COM 983919101 11850 200000 SH DEFINED 0126 200000
XILINX COM 983919101 2963 50000 SH DEFINED 0106 50000
XILINX COM 983919101 1778 30000 SH DEFINED 011619 30000
XILINX COM 983919101 4148 70000 SH DEFINED 011614 70000
XILINX COM 983919101 8693 146700 SH DEFINED 0102 146700
XILINX COM 983919101 154 2600 SH DEFINED 0103 2600
XPEDITE COM 983929100 7695 380000 SH DEFINED 011516 380000
XEROX COM 984121103 24750 250000 SH DEFINED 0130 250000
XEROX COM 984121103 69300 700000 SH DEFINED 0126 700000
XEROX COM 984121103 24750 250000 SH DEFINED 011618 250000
XEROX COM 984121103 40807 412212 SH DEFINED 0102 157300 254912
XEROX COM 984121103 1193 12052 SH DEFINED 0103 7250 4802
XEROX COM 984121103 990 10000 SH DEFINED 01 10000
YPF COM 984245100 28856 1350000 SH DEFINED 0130 1350000
YPF COM 984245100 7481 350000 SH DEFINED 0108 350000
YPF COM 984245100 8336 390000 SH DEFINED 0107 390000
YPF COM 984245100 8550 400000 SH DEFINED 011516 400000
YPF COM 984245100 14963 700000 SH DEFINED 011618 700000
YPF COM 984245100 1817 85000 SH DEFINED 011620 85000
YPF COM 984245100 12291 575000 SH DEFINED 0131 575000
YPF COM 984245100 470 22000 SH DEFINED 0103 22000
YPF COM 984245100 9247 432600 SH DEFINED 01 432600
YELLOW CORPORATION COM 985509108 31 1296 SH DEFINED 0103 1296
YORK INTL CORP NEW COM 986670107 11063 300000 SH DEFINED 011618 300000
YORK INTL CORP NEW COM 986670107 3688 100000 SH DEFINED 01 100000
YOUNG BROADCASTING COM 987434107 888 50000 SH DEFINED 011619 50000
ZIEGLER COAL HOLDING COM 989286109 940 80000 SH DEFINED 011619 80000
ZENITH ELECTRONICS COM 989349105 21 1832 SH DEFINED 0103 1832
<PAGE> PAGE 76
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
ZERO CORP COM 989484100 3114 222400 SH DEFINED 0128 222400
ZILOG INC COM 989524103 2655 90000 SH DEFINED 0106 90000
ZILOG INC COM 989524103 1770 60000 SH DEFINED 011620 60000
ZILOG INC COM 989524103 3688 125000 SH DEFINED 011614 125000
ZILOG INC COM 989524103 5664 192000 SH DEFINED 0102 192000
ZILOG INC COM 989524103 106 3600 SH DEFINED 0103 3600
ZURN INDUSTRIES COM 989824107 10 534 SH DEFINED 0103 534
FEDERAL INCOME FUND COM 990008443 136122 11668240 SH DEFINED 0103 9927564 1740676
EQY BASE INDEX COM 990008450 166656 13521785 SH DEFINED 0103 13521785
MANAGED GIC FUND COM 990009326 103733 4513862 SH DEFINED 0103 4513862
REPORT SUMMARY 3660 DATA RECORDS 30085520 35 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
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