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Previous: DREYFUS LAUREL FUNDS INC, 497, 1995-07-27 |
Next: OPPENHEIMER CHAMPION HIGH YIELD FUND, 485APOS, 1995-07-27 |
<TABLE>
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<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 06/30/95
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 06/30/95
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 8700 300000 SH DEFINED 0108 300000
ACE LIMITED COM G0070K103 36250 1250000 SH DEFINED 011516 1250000
ACE LIMITED COM G0070K103 1079 37200 SH DEFINED 0102 37200
ASIA PACIFIC RESOURS COM G05345106 13688 1500000 SH DEFINED 0124 1500000
CHINA YACHAI INT'L COM G21082105 6885 680000 SH DEFINED 0124 680000
EXEL LTD COM G3242A102 1529 29400 SH DEFINED 0102 29400
MIDOCEAN LTD COM G61061100 633 20000 SH DEFINED 0102 20000
PACIFIC BASIN COMMON COM G68437105 8256 564500 SH DEFINED 0124 564500
PACIFIC BASIN WTS COM G68437113 359 500000 SH DEFINED 0124 500000
PARTNERRE COM G6852T105 964 36900 SH DEFINED 0102 36900
MILLICOM INT'L CELL COM L6388F102 14813 500000 SH DEFINED 0130 500000
MILLICOM INT'L CELL COM L6388F102 1306 44100 SH DEFINED 0132 44100
THE BAAN CO COM N08044104 463 15000 SH DEFINED 011619 15000
THE BAAN CO COM N08044104 93 3000 SH DEFINED 011620 3000
THE BAAN CO COM N08044104 2007 65000 SH DEFINED 011614 65000
ELSAY BAILEY PROCS A COM N2925S101 6188 225000 SH DEFINED 0106 225000
ELSAY BAILEY PROCS A COM N2925S101 1650 60000 SH DEFINED 011620 60000
ELSAY BAILEY PROCS A COM N2925S101 17 600 SH DEFINED 0102 600
ELSAY BAILEY PROCS A COM N2925S101 4180 152000 SH DEFINED 0131 152000
ELSAY BAILEY PROCS A COM N2925S101 228 8300 SH DEFINED 0103 8300
ELSAY BAILEY PROCS A COM N2925S101 4034 146676 SH DEFINED 01 146676
PANAMERICAN BEV COM P74823108 1980 66000 SH DEFINED 0128 66000
PANAMERICAN BEV COM P74823108 9000 300000 SH DEFINED 011516 300000
LAND & HOUSE COM Y5172C115 0 1 SH DEFINED 01 1
RELIANCE INDUSTRIES COM Y72570115 0 1 SH DEFINED 01 1
ACS ENTERPRISES INC COM 000872309 7300 400000 SH DEFINED 011516 400000
ADC TELECOM COM 000886101 10725 300000 SH DEFINED 0126 300000
ADC TELECOM COM 000886101 14300 400000 SH DEFINED 0111 400000
ADC TELECOM COM 000886101 2860 80000 SH DEFINED 011622 80000
ADC TELECOM COM 000886101 6435 180000 SH DEFINED 011623 180000
ADC TELECOM COM 000886101 7293 204000 SH DEFINED 011618 204000
ADC TELECOM COM 000886101 1609 45000 SH DEFINED 011619 45000
ADC TELECOM COM 000886101 9653 270000 SH DEFINED 011614 270000
ADC TELECOM COM 000886101 24555 686800 SH DEFINED 0102 686800
ADC TELECOM COM 000886101 658 18400 SH DEFINED 0103 18400
AK STEEL HOLDINGS CONV PFD STOCK 001547207 5319 185000 SH DEFINED 0107 185000
ALC COMMUNICATIONS I COM 001575307 18969 420350 SH DEFINED 0102 420350
ALC COMMUNICATIONS I COM 001575307 578 12800 SH DEFINED 0103 12800
AMLI COM 001735109 6650 350000 SH DEFINED 0113 350000
AMR CORP CONV BOND 001765AY2 23288 22500000 PRN DEFINED 0113 22500000
AMR CORP CONV BOND 001765AY2 12420 12000000 PRN DEFINED 011516 12000000
AMR CORP CONV BOND 001765AY2 16 15000 PRN DEFINED 0102 15000
AMR CORP DEL COM 001765106 269 3600 SH DEFINED 0125 3600
AMR CORP DEL COM 001765106 18665 250184 SH DEFINED 0102 42200 207984
AMR CORP DEL COM 001765106 780 10450 SH DEFINED 0103 4350 6100
AMR CORP DEL COM 001765106 6455 86500 SH DEFINED 01 86500
ARCO CHEMICAL CO COM 001920107 26091 575000 SH DEFINED 0113 575000
ARCO CHEMICAL CO COM 001920107 9642 212500 SH DEFINED 0131 212500
ARCO CHEMICAL CO COM 001920107 399 8800 SH DEFINED 0103 8800
AT&T CORP COM 001957109 10625 200000 SH DEFINED 0132 200000
<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
AT&T CORP COM 001957109 4107 77300 SH DEFINED 0125 77300
AT&T CORP COM 001957109 559 10500 SH DEFINED 0102 10500
AT&T CORP COM 001957109 6736 126784 SH DEFINED 0103 126784
ABBOTT LABS COM 002824100 12150 300000 SH DEFINED 0130 300000
ABBOTT LABS COM 002824100 40500 1000000 SH DEFINED 0126 1000000
ABBOTT LABS COM 002824100 16200 400000 SH DEFINED 0124 400000
ABBOTT LABS COM 002824100 54809 1353285 SH DEFINED 0102 529000 824285
ABBOTT LABS COM 002824100 2012 49668 SH DEFINED 0103 49668
ADFLEX SOLUTIONS INC COM 006866107 233 10000 SH DEFINED 0106 10000
PROVIDA ADS COM 00709P108 3701 137700 SH DEFINED 0124 137700
ADVANCE CIRCUITS INC COM 007383102 1800 100000 SH DEFINED 0128 100000
ADVOCAT COM 007586100 1279 115000 SH DEFINED 011614 115000
ADVANCED MICRO DEV COM 007903107 243 6675 SH DEFINED 0103 6675
AEGON CVT CONV BOND 007924XX6 2947 2350000 PRN DEFINED 0129 2350000
AEGON CVT CONV BOND 007924XX6 5706 4550000 PRN DEFINED 0104 4550000
AEGON CVT CONV BOND 007924XX6 752 600000 PRN DEFINED 0110 600000
AEGON CVT CONV BOND 007924XX6 2947 2350000 PRN DEFINED 011621 2350000
ADVANTA B COM 007942204 7550 200000 SH DEFINED 011614 200000
ADVANTA B COM 007942204 11947 316500 SH DEFINED 0102 316500
ADVANTA B COM 007942204 396 10500 SH DEFINED 0103 10500
AETNA LIFE & CAS COM 008140105 439 6981 SH DEFINED 0103 6981
AFL/CIO UNITS OF COM 008270993 499 460 SH DEFINED 0102 460
AHMANSON HF & CO COM 008677106 22000 1000000 SH DEFINED 0130 1000000
AHMANSON HF & CO COM 008677106 44000 2000000 SH DEFINED 0126 2000000
AHMANSON HF & CO COM 008677106 19800 900000 SH DEFINED 0113 900000
AHMANSON HF & CO COM 008677106 629 28600 SH DEFINED 0125 28600
AHMANSON HF & CO COM 008677106 75 3400 SH DEFINED 0102 3400
AHMANSON HF & CO COM 008677106 400 18153 SH DEFINED 0103 18153
AHMANSON HF & CO COM 008677106 440 20000 SH DEFINED 01 20000
AIR PROD & CHEM COM 009158106 1394 25000 SH DEFINED 011619 25000
AIR PROD & CHEM COM 009158106 6969 125000 SH DEFINED 011614 125000
AIR PROD & CHEM COM 009158106 14457 259269 SH DEFINED 0102 55300 203969
AIR PROD & CHEM COM 009158106 20906 375000 SH DEFINED 0131 375000
AIR PROD & CHEM COM 009158106 1526 27361 SH DEFINED 0103 6950 20411
AIRGAS INC COM 009363102 6754 251350 SH DEFINED 0102 251350
AIRGAS INC COM 009363102 207 7700 SH DEFINED 0103 7700
AIRTOUCH COMMUN COM 00949T100 25650 900000 SH DEFINED 0130 900000
AIRTOUCH COMMUN COM 00949T100 9263 325000 SH DEFINED 0108 325000
AIRTOUCH COMMUN COM 00949T100 28500 1000000 SH DEFINED 0126 1000000
AIRTOUCH COMMUN COM 00949T100 17100 600000 SH DEFINED 0111 600000
AIRTOUCH COMMUN COM 00949T100 5700 200000 SH DEFINED 0132 200000
AIRTOUCH COMMUN COM 00949T100 32211 1130200 SH DEFINED 0124 1130200
AIRTOUCH COMMUN COM 00949T100 3970 139300 SH DEFINED 0125 139300
AIRTOUCH COMMUN COM 00949T100 3791 133000 SH DEFINED 011622 133000
AIRTOUCH COMMUN COM 00949T100 8265 290000 SH DEFINED 011623 290000
AIRTOUCH COMMUN COM 00949T100 16245 570000 SH DEFINED 011618 570000
AIRTOUCH COMMUN COM 00949T100 1197 42000 SH DEFINED 011620 42000
AIRTOUCH COMMUN COM 00949T100 134092 4704963 SH DEFINED 0102 1608250 3096713
AIRTOUCH COMMUN COM 00949T100 3969 139271 SH DEFINED 0103 55400 83871
AIRTOUCH COMMUN COM 00949T100 27732 973051 SH DEFINED 01 973051
<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
ALAMO GROUP INC COM 011311107 3450 200000 SH DEFINED 0128 200000
ALBANY INTL CORP NEW COM 012348108 1313 55000 SH DEFINED 011620 55000
ALBANY INTL CORP NEW COM 012348108 2208 92466 SH DEFINED 0102 92466
ALBERTO CULVER COM 013068101 52 1716 SH DEFINED 0103 1716
ALBERTO-CULVER CL A COM 013068200 791 30700 SH DEFINED 0102 30700
ALBERTSONS INC COM 013104104 11156 375000 SH DEFINED 0108 375000
ALBERTSONS INC COM 013104104 29750 1000000 SH DEFINED 0126 1000000
ALBERTSONS INC COM 013104104 3519 118300 SH DEFINED 0125 118300
ALBERTSONS INC COM 013104104 38489 1293650 SH DEFINED 0102 451300 842350
ALBERTSONS INC COM 013104104 2192 73669 SH DEFINED 0103 12750 60919
ALBERTSONS INC COM 013104104 997 33500 SH DEFINED 01 33500
ALCAN ALUMINIUM LTD COM 013716105 124 4100 SH DEFINED 0125 4100
ALCAN ALUMINIUM LTD COM 013716105 15 500 SH DEFINED 0102 500
ALCAN ALUMINIUM LTD COM 013716105 469 15517 SH DEFINED 0103 15517
ALCO STANDARD COM 013788104 39938 500000 SH DEFINED 0126 500000
ALCO STANDARD COM 013788104 23963 300000 SH DEFINED 0111 300000
ALCO STANDARD COM 013788104 5591 70000 SH DEFINED 011622 70000
ALCO STANDARD COM 013788104 11981 150000 SH DEFINED 011623 150000
ALCO STANDARD COM 013788104 14378 180000 SH DEFINED 011618 180000
ALCO STANDARD COM 013788104 1222 15300 SH DEFINED 011620 15300
ALCO STANDARD COM 013788104 29921 374489 SH DEFINED 0102 111400 263089
ALCO STANDARD COM 013788104 6893 86300 SH DEFINED 0131 86300
ALCO STANDARD COM 013788104 1213 15176 SH DEFINED 0103 11800 3376
ALCO STANDARD $50 CONV PFD STOCK 013788500 8950 100000 SH DEFINED 011618 100000
ALEXNDR & ALEX SERV COM 014476105 65 2719 SH DEFINED 0103 2719
ALLERGAN INC COM 018490102 107 3936 SH DEFINED 0103 3936
ALLIANCE ENTMT CORP COM 018593103 1125 120000 SH DEFINED 011619 120000
ALLIED GROUP INC COM 019220102 6555 230000 SH DEFINED 0128 230000
ALLIED SIGNAL INC COM 019512102 125 2800 SH DEFINED 0125 2800
ALLIED SIGNAL INC COM 019512102 14018 315000 SH DEFINED 011618 315000
ALLIED SIGNAL INC COM 019512102 13 300 SH DEFINED 0102 300
ALLIED SIGNAL INC COM 019512102 829 18637 SH DEFINED 0103 18637
ALLMERICA PPTY &CASU COM 01975T105 1232 55700 SH DEFINED 0102 55700
ALLSTATE CORP COM 020002101 170 5736 SH DEFINED 0103 5736
ALLTEL CORP COM 020039103 17763 700000 SH DEFINED 0124 700000
ALLTEL CORP COM 020039103 296 11659 SH DEFINED 0103 11659
ALLTEL 7.75 $100 PAR PREFERRED STOCK 02009*990 781 7730 SH DEFINED 0105 7730
ALTRON COM 022092100 1200 50000 SH DEFINED 011619 50000
ALUMAX INC COM 022197107 31125 1000000 SH DEFINED 0124 1000000
ALUMAX INC COM 022197107 1124 36100 SH DEFINED 011622 36100
ALUMAX INC COM 022197107 2493 80100 SH DEFINED 011623 80100
ALUMAX INC COM 022197107 13384 430000 SH DEFINED 011618 430000
ALUMAX INC COM 022197107 1058 34000 SH DEFINED 011620 34000
ALUMINUM CO AMERICA COM 022249106 15679 312800 SH DEFINED 0130 312800
ALUMINUM CO AMERICA COM 022249106 10025 200000 SH DEFINED 0108 200000
ALUMINUM CO AMERICA COM 022249106 86099 1717542 SH DEFINED 0102 617500 1100042
ALUMINUM CO AMERICA COM 022249106 1440 28731 SH DEFINED 0103 17650 11081
ALZA COM 022615108 119 5076 SH DEFINED 0103 5076
AMERADA HESS COM 023551104 282 5760 SH DEFINED 0103 5760
AMDAHL CORP COM 023905102 1113 100000 SH DEFINED 011619 100000
<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 2781 250000 SH DEFINED 011614 250000
AMDAHL CORP COM 023905102 82 7410 SH DEFINED 0103 7410
AMERICAN BRANDS INC. COM 024703100 27825 700000 SH DEFINED 011516 700000
AMERICAN BRANDS INC. COM 024703100 1741 43800 SH DEFINED 0102 43800
AMERICAN BRANDS INC. COM 024703100 496 12474 SH DEFINED 0103 12474
AMERICAN ELEC PWR COM 025537101 7552 215000 SH DEFINED 0132 215000
AMERICAN ELEC PWR COM 025537101 402 11452 SH DEFINED 0103 11452
AMERICAN EXPLORATION COM 025762808 0 4 SH DEFINED 0102 4
AMERICAN EXPRESS COM 025816109 371779 10584459 SH DEFINED 0103 10584459
AMERICAN EXPRESS COM 025816109 6602 187949 SH DEFINED 01 187949
AMERICAN FREIGHTWAYS COM 02629V108 11135 543200 SH DEFINED 0102 543200
AMERICAN FREIGHTWAYS COM 02629V108 312 15200 SH DEFINED 0103 15200
AMER GENERAL CORP COM 026351106 28688 850000 SH DEFINED 0113 850000
AMER GENERAL CORP COM 026351106 13838 410000 SH DEFINED 0107 410000
AMER GENERAL CORP COM 026351106 3041 90100 SH DEFINED 0102 90100
AMER GENERAL CORP COM 026351106 18563 550000 SH DEFINED 0131 550000
AMER GENERAL CORP COM 026351106 1099 32577 SH DEFINED 0103 32577
AMER GENERAL CORP COM 026351106 10890 322670 SH DEFINED 01 322670
AM GREETINGS CL A COM 026375105 26499 902100 SH DEFINED 0130 902100
AM GREETINGS CL A COM 026375105 2938 100000 SH DEFINED 011618 100000
AM GREETINGS CL A COM 026375105 1733 59000 SH DEFINED 011620 59000
AM GREETINGS CL A COM 026375105 135 4607 SH DEFINED 0103 4607
AM GREETINGS CL A COM 026375105 4985 169703 SH DEFINED 01 169703
AMER HOME PRODUCTS COM 026609107 23213 300000 SH DEFINED 0130 300000
AMER HOME PRODUCTS COM 026609107 23213 300000 SH DEFINED 0113 300000
AMER HOME PRODUCTS COM 026609107 11606 150000 SH DEFINED 0107 150000
AMER HOME PRODUCTS COM 026609107 696 9000 SH DEFINED 011620 9000
AMER HOME PRODUCTS COM 026609107 1466 18945 SH DEFINED 0103 18945
AM HOME PATIENT COM 026649103 1339 45000 SH DEFINED 011619 45000
AMERICAN INTL GROUP COM 026874107 22800 200000 SH DEFINED 0130 200000
AMERICAN INTL GROUP COM 026874107 114000 1000000 SH DEFINED 0126 1000000
AMERICAN INTL GROUP COM 026874107 11400 100000 SH DEFINED 011516 100000
AMERICAN INTL GROUP COM 026874107 342 3000 SH DEFINED 011620 3000
AMERICAN INTL GROUP COM 026874107 154195 1352554 SH DEFINED 0102 445585 906969
AMERICAN INTL GROUP COM 026874107 3817 33477 SH DEFINED 0103 13900 19577
AMERICAN INTL GROUP COM 026874107 18776 164700 SH DEFINED 01 164700
AMERICAN MANAGEMENT COM 027352103 1508 60000 SH DEFINED 011619 60000
AMERICAN MANAGEMENT COM 027352103 9422 375000 SH DEFINED 011614 375000
AMERICAN MANAGEMENT COM 027352103 9386 373550 SH DEFINED 0102 373550
AMERICAN MANAGEMENT COM 027352103 271 10800 SH DEFINED 0103 10800
AMERICAN ONCOLOGY COM 028910107 269 9700 SH DEFINED 011619 9700
AMERICAN ONCOLOGY COM 028910107 1204 43400 SH DEFINED 011614 43400
AMER PWR CONVERSION COM 029066107 13725 600000 SH DEFINED 0130 600000
AMER PWR CONVERSION COM 029066107 10866 475000 SH DEFINED 0106 475000
AMER PWR CONVERSION COM 029066107 22875 1000000 SH DEFINED 011618 1000000
AMER PWR CONVERSION COM 029066107 252 11000 SH DEFINED 01 11000
AMERICAN PRESIDENT COM 029103108 5225 220000 SH DEFINED 0128 220000
AMERICAN RE COM 029163102 11704 314200 SH DEFINED 0106 314200
AMERICAN RE COM 029163102 11 300 SH DEFINED 0102 300
AMERICAN RE COM 029163102 4083 109600 SH DEFINED 0131 109600
<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
AMERICAN RE COM 029163102 227 6100 SH DEFINED 0103 6100
AMERICAN STORES CO COM 030096101 258 9176 SH DEFINED 0103 9176
AMERICAN TELECASTING COM 030151104 3938 315000 SH DEFINED 011516 315000
AMERICAN TELECAST WT WARRANT 030151112 100 100000 SH DEFINED 0109 100000
AMERITECH NZ A $100 PREFERRED STOCK 03070V209 3158 30000 SH DEFINED 01 30000
AMERITECH NZ A $100 PREFERRED STOCK 03070V209 5263 50000 SH DEFINED 01 50000
AMERITECH CORP COM 030954101 6600 150000 SH DEFINED 0132 150000
AMERITECH CORP COM 030954101 1503 34157 SH DEFINED 0103 34157
AMGEN INC COM 031162100 88481 1100000 SH DEFINED 0126 1100000
AMGEN INC COM 031162100 36197 450000 SH DEFINED 0124 450000
AMGEN INC COM 031162100 1279 15900 SH DEFINED 0125 15900
AMGEN INC COM 031162100 6837 85000 SH DEFINED 011614 85000
AMGEN INC COM 031162100 23552 292780 SH DEFINED 0102 43450 249330
AMGEN INC COM 031162100 7843 97500 SH DEFINED 0131 97500
AMGEN INC COM 031162100 1555 19332 SH DEFINED 0103 5000 14332
AMGEN INC COM 031162100 19741 245430 SH DEFINED 01 245430
AMP COM 031897101 549 12993 SH DEFINED 0103 12993
AMOCO CORP COM 031905102 26650 400000 SH DEFINED 0130 400000
AMOCO CORP COM 031905102 106600 1600000 SH DEFINED 0126 1600000
AMOCO CORP COM 031905102 28316 425000 SH DEFINED 0113 425000
AMOCO CORP COM 031905102 3331 50000 SH DEFINED 0132 50000
AMOCO CORP COM 031905102 33313 500000 SH DEFINED 0124 500000
AMOCO CORP COM 031905102 926 13900 SH DEFINED 0125 13900
AMOCO CORP COM 031905102 15990 240000 SH DEFINED 0107 240000
AMOCO CORP COM 031905102 39975 600000 SH DEFINED 011618 600000
AMOCO CORP COM 031905102 800 12000 SH DEFINED 011620 12000
AMOCO CORP COM 031905102 164162 2463899 SH DEFINED 0102 880700 1583199
AMOCO CORP COM 031905102 19988 300000 SH DEFINED 0131 300000
AMOCO CORP COM 031905102 4559 68427 SH DEFINED 0103 21350 47077
AMRESCO COM 031909104 2203 235000 SH DEFINED 0128 235000
ANACOMP INC WRNTS WARRANT 032375123 0 0 SH DEFINED 0109
ANDREW CORP COM 034425108 10418 180000 SH DEFINED 0126 180000
ANDREW CORP COM 034425108 34725 600000 SH DEFINED 0111 600000
ANDREW CORP COM 034425108 156 2700 SH DEFINED 0125 2700
ANDREW CORP COM 034425108 2593 44800 SH DEFINED 011622 44800
ANDREW CORP COM 034425108 5400 93300 SH DEFINED 011623 93300
ANDREW CORP COM 034425108 1389 24000 SH DEFINED 011619 24000
ANDREW CORP COM 034425108 6366 110000 SH DEFINED 011614 110000
ANDREW CORP COM 034425108 19038 328950 SH DEFINED 0102 328950
ANDREW CORP COM 034425108 8247 142500 SH DEFINED 0131 142500
ANDREW CORP COM 034425108 730 12609 SH DEFINED 0103 9125 3484
ANHEUSER BUSCH CO COM 035229103 11944 210000 SH DEFINED 0107 210000
ANHEUSER BUSCH CO COM 035229103 21328 375000 SH DEFINED 0131 375000
ANHEUSER BUSCH CO COM 035229103 1708 30043 SH DEFINED 0103 30043
AON CORP COM 037389103 26075 700000 SH DEFINED 0113 700000
AON CORP COM 037389103 1158 31100 SH DEFINED 0102 31100
AON CORP COM 037389103 18625 500000 SH DEFINED 0131 500000
AON CORP COM 037389103 671 18000 SH DEFINED 0103 18000
AIMCO COM 03748R101 2228 110000 SH DEFINED 011618 110000
APPALACHIAN PWR $100 PREFERRED STOCK 037735834 3119 30000 SH DEFINED 0105 30000
<PAGE> PAGE 8
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
APPLE COMPUTER COM 037833100 27863 600000 SH DEFINED 011516 600000
APPLE COMPUTER COM 037833100 2666 57400 SH DEFINED 0102 57400
APPLE COMPUTER COM 037833100 357 7682 SH DEFINED 0103 7682
APPLE SOUTH INC COM 037857109 1853 95000 SH DEFINED 011619 95000
APPLIED INNOVATION I COM 037916103 955 20000 SH DEFINED 0106 20000
APPLIED MATERIALS COM 038222105 34650 400000 SH DEFINED 0126 400000
APPLIED MATERIALS COM 038222105 17325 200000 SH DEFINED 0111 200000
APPLIED MATERIALS COM 038222105 4236 48900 SH DEFINED 011622 48900
APPLIED MATERIALS COM 038222105 9425 108800 SH DEFINED 011623 108800
APPLIED MATERIALS COM 038222105 1126 13000 SH DEFINED 011620 13000
APPLIED MATERIALS COM 038222105 8663 100000 SH DEFINED 011614 100000
APPLIED MATERIALS COM 038222105 1121 12926 SH DEFINED 0102 12926
APPLIED MATERIALS COM 038222105 16953 195700 SH DEFINED 0131 195700
APPLIED MATERIALS COM 038222105 1102 12716 SH DEFINED 0103 7500 5216
APPLIED MATERIALS COM 038222105 433 5000 SH DEFINED 01 5000
APPLIED VOICE COM 03828M105 6413 450000 SH DEFINED 0106 450000
ARCHER DANIELS MDLND COM 039483102 309 16600 SH DEFINED 0125 16600
ARCHER DANIELS MDLND COM 039483102 37 2000 SH DEFINED 0102 2000
ARCHER DANIELS MDLND COM 039483102 714 38363 SH DEFINED 0103 38363
ARGONAUT GROUP INC COM 040157109 111 3500 SH DEFINED 0102 3500
ARIZONA PUB SER V PREFERRED STOCK 040555799 3193 30000 SH DEFINED 01 30000
ARIZONA PUB SVC $100 PREFERRED STOCK 040555815 5570 50000 SH DEFINED 0105 50000
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 3010 38100 SH DEFINED 01 38100
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 1817 23000 SH DEFINED 0116 23000
ARMCO INC COM 042170100 288 42610 SH DEFINED 0103 42610
ARMSTRONG WORLD IND COM 042476101 117 2325 SH DEFINED 0103 2325
ARNOLD INDUSTRIES IN COM 042595108 10938 625000 SH DEFINED 011516 625000
ARROW ELECTRONICS COM 042735100 14925 300000 SH DEFINED 0130 300000
ARROW INTERNATIONAL COM 042764100 2091 49500 SH DEFINED 0111 49500
ARROW INTERNATIONAL COM 042764100 448 10600 SH DEFINED 011622 10600
ARROW INTERNATIONAL COM 042764100 972 23000 SH DEFINED 011623 23000
ARROW INTERNATIONAL COM 042764100 1690 40000 SH DEFINED 011619 40000
ARROW INTERNATIONAL COM 042764100 5915 140000 SH DEFINED 011614 140000
ARROW INTERNATIONAL COM 042764100 6239 147700 SH DEFINED 0102 147700
ARROW INTERNATIONAL COM 042764100 2489 58900 SH DEFINED 0131 58900
ARROW INTERNATIONAL COM 042764100 342 8100 SH DEFINED 0103 8100
ASARCO INC COM 043413103 79 2606 SH DEFINED 0103 2606
ASCEND COMM COM 043491109 1010 20000 SH DEFINED 011619 20000
ASCEND COMM COM 043491109 5555 110000 SH DEFINED 011614 110000
ASHANTI GOLD 144A COM 043743103 1725 75000 SH DEFINED 0127 75000
ASHLAND INC COM 044204105 132 3764 SH DEFINED 0103 3764
ASHOK LEYLAND GDS COM 044823102 4813 350000 SH DEFINED 0124 350000
ASIA PULP&PAPER CO COM 04516V100 12625 1000000 SH DEFINED 0124 1000000
ASIA PULP&PAPER CO COM 04516V100 6527 517000 SH DEFINED 0135 517000
ASSOCIATED ESTATES R COM 045604105 264 12500 SH DEFINED 0102 12500
ASTRA AB-ADR A COM 046298105 2041 66200 SH DEFINED 0102 66200
ATLANTIC RICHFIELD COM 048825103 27438 250000 SH DEFINED 0113 250000
ATLANTIC RICHFIELD COM 048825103 19206 175000 SH DEFINED 0131 175000
ATLANTIC RICHFIELD COM 048825103 1839 16757 SH DEFINED 0103 16757
ATL RICHFIELD PFD CONV PFD STOCK 048825137 18200 700000 SH DEFINED 0113 700000
<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
ATL RICHFIELD PFD CONV PFD STOCK 048825137 5720 220000 SH DEFINED 0107 220000
ATMEL CORP COM 049513104 9691 175000 SH DEFINED 0106 175000
ATMEL CORP COM 049513104 1495 27000 SH DEFINED 011619 27000
ATMEL CORP COM 049513104 8306 150000 SH DEFINED 011614 150000
AUTO DESK COM 052769106 17932 417000 SH DEFINED 0102 417000
AUTO DESK COM 052769106 10084 234500 SH DEFINED 0131 234500
AUTO DESK COM 052769106 1264 29394 SH DEFINED 0103 26400 2994
AUTOMATIC DATA PROC. COM 053015103 44013 700000 SH DEFINED 011516 700000
AUTOMATIC DATA PROC. COM 053015103 414 6600 SH DEFINED 0102 800 5800
AUTOMATIC DATA PROC. COM 053015103 572 9102 SH DEFINED 0103 9102
AUTOMOTIVE IND COM 05329E102 19666 725000 SH DEFINED 0124 725000
AVALON COM 053469102 4969 250000 SH DEFINED 0132 250000
AVERY DENNISON CORP COM 053611109 133 3317 SH DEFINED 0103 3317
AVON PRODUCTS COM 054303102 1541 23000 SH DEFINED 011620 23000
AVON PRODUCTS COM 054303102 289 4311 SH DEFINED 0103 4311
BHC COMMUNICATIONS COM 055448104 1286 16000 SH DEFINED 0102 16000
BRE PROPERTIES COM 05564E106 620 20000 SH DEFINED 0102 20000
BTG INC COM 05576J101 1004 110000 SH DEFINED 011619 110000
BACNOTAN CON IND CVT CONV BOND 056395AA4 2383 2650000 PRN DEFINED 0104 2650000
BACNOTAN CON IND CVT CONV BOND 056395AA4 1304 1450000 PRN DEFINED 011621 1450000
BAKER HUGHES COM 057224107 5330 260000 SH DEFINED 011614 260000
BAKER HUGHES COM 057224107 179 8735 SH DEFINED 0103 8735
BALL CORP COM 058498106 64 1847 SH DEFINED 0103 1847
BALLY ENTERTAINMENT COM 05873C106 36 2907 SH DEFINED 0103 2907
BALTIMORE GAS & ELEC COM 059165100 7500 300000 SH DEFINED 0132 300000
BALTIMORE GAS & ELEC COM 059165100 23 900 SH DEFINED 0102 900
BALTIMORE GAS & ELEC COM 059165100 228 9138 SH DEFINED 0103 9138
BALTIMORE G&E $100 PREFERRED STOCK 059165829 317 3000 SH DEFINED 01 3000
BANC ONE CORP COM 059438101 811 25143 SH DEFINED 0103 25143
BANCO DE GALICIA CVT CONV BOND 059538AD0 5250 7500000 PRN DEFINED 0135 7500000
BANCO FRANCES COM 059591107 5400 300000 SH DEFINED 0135 300000
BAN NAC DEMEX 144A CONV BOND 059617AA8 5250 7500000 PRN DEFINED 0130 7500000
BAN NAC DEMEX 144A CONV BOND 059617AA8 9100 13000000 PRN DEFINED 0106 13000000
BAN NAC DEMEX 144A CONV BOND 059617AA8 5600 8000000 PRN DEFINED 0124 8000000
BAN NAC DEMEX 144A CONV BOND 059617AA8 3500 5000000 PRN DEFINED 0135 5000000
BANCO O'HIGGINS COM 059629105 6900 300000 SH DEFINED 0135 300000
BANCO OSORNO Y LA COM 059631101 3122 225000 SH DEFINED 0124 225000
BANCO WIESE ADS COM 059651109 2552 309288 SH DEFINED 0135 309288
BANK OF BOSTON COM 060716107 18750 500000 SH DEFINED 0130 500000
BANK OF BOSTON COM 060716107 7500 200000 SH DEFINED 0108 200000
BANK OF BOSTON COM 060716107 7500 200000 SH DEFINED 0124 200000
BANK OF BOSTON COM 060716107 2025 54000 SH DEFINED 0125 54000
BANK OF BOSTON COM 060716107 12000 320000 SH DEFINED 0107 320000
BANK OF BOSTON COM 060716107 2063 55000 SH DEFINED 011619 55000
BANK OF BOSTON COM 060716107 10313 275000 SH DEFINED 011614 275000
BANK OF BOSTON COM 060716107 18834 502224 SH DEFINED 0102 502224
BANK OF BOSTON COM 060716107 9398 250600 SH DEFINED 0131 250600
BANK OF BOSTON COM 060716107 1522 40599 SH DEFINED 0103 13300 27299
BANK OF BOSTON COM 060716107 278 7400 SH DEFINED 01 7400
BANK OF NEW YORK COM 064057102 470 11650 SH DEFINED 0103 11650
<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 26313 500000 SH DEFINED 0130 500000
BANK AMERICA CORP COM 066050105 21050 400000 SH DEFINED 0113 400000
BANK AMERICA CORP COM 066050105 52625 1000000 SH DEFINED 0124 1000000
BANK AMERICA CORP COM 066050105 5057 96100 SH DEFINED 0125 96100
BANK AMERICA CORP COM 066050105 14472 275000 SH DEFINED 0107 275000
BANK AMERICA CORP COM 066050105 13156 250000 SH DEFINED 011618 250000
BANK AMERICA CORP COM 066050105 526 10000 SH DEFINED 011620 10000
BANK AMERICA CORP COM 066050105 163778 3112068 SH DEFINED 0102 1016000 2096068
BANK AMERICA CORP COM 066050105 19208 365000 SH DEFINED 0131 365000
BANK AMERICA CORP COM 066050105 5377 102183 SH DEFINED 0103 29100 73083
BANK AMERICA CORP COM 066050105 16056 305115 SH DEFINED 01 305115
BANKERS TRUST NY COM 066365107 24800 400000 SH DEFINED 0113 400000
BANKERS TRUST NY COM 066365107 11160 180000 SH DEFINED 0107 180000
BANKERS TRUST NY COM 066365107 17050 275000 SH DEFINED 0131 275000
BANKERS TRUST NY COM 066365107 920 14836 SH DEFINED 0103 14836
BANTA CORP COM 066821109 190 5700 SH DEFINED 0102 5700
C R BARD INC COM 067383109 97 3223 SH DEFINED 0103 3223
BARNES & NOBLE COM 067774109 2074 61000 SH DEFINED 011620 61000
BARNES & NOBLE COM 067774109 3 100 SH DEFINED 0102 100
BARNES & NOBLE COM 067774109 1683 49500 SH DEFINED 0131 49500
BARNES & NOBLE COM 067774109 95 2800 SH DEFINED 0103 2800
BARNES GROUP COM 067806109 523 13000 SH DEFINED 0102 13000
BARRICK GOLD INC COM 067901108 17675 700000 SH DEFINED 0124 700000
BARRICK GOLD INC COM 067901108 7323 290000 SH DEFINED 0127 290000
BARRICK GOLD INC COM 067901108 1512 59900 SH DEFINED 0125 59900
BARRICK GOLD INC COM 067901108 3861 152900 SH DEFINED 0102 152900
BARRICK GOLD INC COM 067901108 1125 44578 SH DEFINED 0103 44578
BARRICK GOLD INC COM 067901108 76 3000 SH DEFINED 01 3000
BARNETT BKS INC COM 068055102 308 6007 SH DEFINED 0103 6007
BASSETT FURN IND. COM 070203104 1020 36427 SH DEFINED 0102 36427
BASSETT FURN IND. COM 070203104 24 873 SH DEFINED 0103 873
BAUSCH & LOMB COM 071707103 152 3663 SH DEFINED 0103 3663
BAXTER INTL INC COM 071813109 27281 750000 SH DEFINED 0113 750000
BAXTER INTL INC COM 071813109 635 17467 SH DEFINED 0103 17467
BAY APARTMENT COM 072012107 4388 225000 SH DEFINED 0107 225000
BAY APARTMENT COM 072012107 2925 150000 SH DEFINED 011618 150000
BAY NETWORKS INC COM 072510100 600 14500 SH DEFINED 011620 14500
BEACON OFFICE PROP COM 073678104 3975 200000 SH DEFINED 0107 200000
BEAR STEARNS COM 073902108 1400 65500 SH DEFINED 0102 65500
BECKMAN INSTRUMENTS COM 075816108 6272 225000 SH DEFINED 0108 225000
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 242 4161 SH DEFINED 0103 4161
BELL ATLANTIC COM 077853109 1513 27019 SH DEFINED 0103 27019
BELL ATLANTIC NZ144A PREFERRED STOCK 07786G208 1070 10000 SH DEFINED 01 10000
BELL CABLEMEDIA COM 077910107 3800 200000 SH DEFINED 0130 200000
BELL SOUTH COM 079860102 25400 400000 SH DEFINED 0130 400000
BELL SOUTH COM 079860102 12700 200000 SH DEFINED 0132 200000
BELL SOUTH COM 079860102 1797 28300 SH DEFINED 0125 28300
<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
BELL SOUTH COM 079860102 13653 215000 SH DEFINED 0107 215000
BELL SOUTH COM 079860102 87749 1381785 SH DEFINED 0102 540800 840985
BELL SOUTH COM 079860102 3438 54142 SH DEFINED 0103 12600 41542
BELL SOUTH COM 079860102 8907 140265 SH DEFINED 01 140265
A.H BELO SER A COM 080555105 20901 682500 SH DEFINED 0102 682500
A.H BELO SER A COM 080555105 539 17600 SH DEFINED 0103 17600
BEMIS CO. COM 081437105 83 3189 SH DEFINED 0103 3189
BENEFICIAL CORP COM 081721102 175 3988 SH DEFINED 0103 3988
BERG ELECTRONICS HLD COM 083726109 3852 770400 SH DEFINED 0109 770400
BEST BUY CVT PFD CONV PFD STOCK 08651F200 4689 110000 SH DEFINED 0130 110000
BEST BUY CO COM 086516101 13313 500000 SH DEFINED 0106 500000
BEST BUY CO COM 086516101 5325 200000 SH DEFINED 0111 200000
BEST BUY CO COM 086516101 10650 400000 SH DEFINED 0124 400000
BEST BUY CO COM 086516101 937 35200 SH DEFINED 011622 35200
BEST BUY CO COM 086516101 2087 78400 SH DEFINED 011623 78400
BEST BUY CO COM 086516101 4097 153872 SH DEFINED 01 153872
BEST PRODUCTS COM 086553104 143 17736 SH DEFINED 0103 17736
BETHLEHEM STEEL COM 087509105 16250 1000000 SH DEFINED 0124 1000000
BETHLEHEM STEEL COM 087509105 741 45600 SH DEFINED 0125 45600
BETHLEHEM STEEL COM 087509105 88 5400 SH DEFINED 0102 5400
BETHLEHEM STEEL COM 087509105 394 24299 SH DEFINED 0103 24299
BEVERLY ENTERPRISES COM 087851101 14850 1200000 SH DEFINED 011516 1200000
BEVERLY ENTERPRISES COM 087851101 6188 500000 SH DEFINED 011618 500000
BEVERLY ENTERPRISES COM 087851101 66 5301 SH DEFINED 0103 5301
BIOGEN INC COM 090597105 4450 100000 SH DEFINED 011516 100000
BIOMET COM 090613100 696 44900 SH DEFINED 0125 44900
BIOMET COM 090613100 1550 100000 SH DEFINED 011619 100000
BIOMET COM 090613100 6665 430000 SH DEFINED 011614 430000
BIOMET COM 090613100 2387 154000 SH DEFINED 0102 154000
BIOMET COM 090613100 378 24390 SH DEFINED 0103 24390
BIOMET COM 090613100 59 3800 SH DEFINED 01 3800
BIRMINGHAM STEEL COR COM 091250100 7463 403400 SH DEFINED 0106 403400
BIRMINGHAM STEEL COR COM 091250100 14783 799100 SH DEFINED 0111 799100
BIRMINGHAM STEEL COR COM 091250100 2790 150800 SH DEFINED 011622 150800
BIRMINGHAM STEEL COR COM 091250100 5877 317700 SH DEFINED 011623 317700
BIRMINGHAM STEEL COR COM 091250100 249 13481 SH DEFINED 0102 13481
BIRMINGHAM STEEL COR COM 091250100 3574 193176 SH DEFINED 01 193176
BLACK & DECKER COM 091797100 15438 500000 SH DEFINED 011618 500000
BLACK & DECKER COM 091797100 481 15562 SH DEFINED 0102 15562
BLACK & DECKER COM 091797100 162 5260 SH DEFINED 0103 5260
BLAIR CORP COM 092828102 1031 30000 SH DEFINED 0102 30000
EW BLANCH COM 093210102 7450 400000 SH DEFINED 0124 400000
BLOCK H&R INC COM 093671105 16450 400000 SH DEFINED 0130 400000
BLOCK H&R INC COM 093671105 57575 1400000 SH DEFINED 011516 1400000
BLOCK H&R INC COM 093671105 328 7971 SH DEFINED 0103 7971
BLOCK H&R INC COM 093671105 1234 30000 SH DEFINED 01 30000
BLYTH INDUSTRIES COM 09643P108 1364 32000 SH DEFINED 011619 32000
BOATMEN'S BANCSHARES COM 096650106 279 7902 SH DEFINED 0103 7902
BOEING COM 097023105 9394 150000 SH DEFINED 0130 150000
BOEING COM 097023105 2818 45000 SH DEFINED 0108 45000
<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 56363 900000 SH DEFINED 0126 900000
BOEING COM 097023105 2781 44400 SH DEFINED 0125 44400
BOEING COM 097023105 17563 280441 SH DEFINED 0102 68700 211741
BOEING COM 097023105 2976 47508 SH DEFINED 0103 9400 38108
BOEING COM 097023105 7133 113900 SH DEFINED 01 113900
BOISE CASCADE COM 097383103 118 2905 SH DEFINED 0103 2905
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 4673 140000 SH DEFINED 0132 140000
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 50763 1521000 SH DEFINED 01 1521000
BOLLE AMERICA INC COM 09767E103 2153 325000 SH DEFINED 011516 325000
BOSTON CHICKEN CONV BOND 100578AA1 9213 10000000 PRN DEFINED 0106 10000000
BOSTON CHICKENPUT/00 CONV BOND 100578AB9 4325 20000000 PRN DEFINED 011614 20000000
BOSTON CHICKEN COM 100578103 1209 50000 SH DEFINED 011619 50000
BOSTON CHICKEN COM 100578103 798 33000 SH DEFINED 011614 33000
LAUREL FUND-DREYFUS COM 100583509 3634 216313 SH DEFINED 01 216313
BOSTON SCIENTIFIC COM 101137107 3188 100000 SH DEFINED 0108 100000
BOSTON SCIENTIFIC COM 101137107 15938 500000 SH DEFINED 0126 500000
BOSTON SCIENTIFIC COM 101137107 6532 204912 SH DEFINED 0128 204912
BOSTON SCIENTIFIC COM 101137107 31572 990500 SH DEFINED 0111 990500
BOSTON SCIENTIFIC COM 101137107 29907 938292 SH DEFINED 0102 938292
BOSTON SCIENTIFIC COM 101137107 4415 138500 SH DEFINED 0131 138500
BOSTON SCIENTIFIC COM 101137107 1411 44255 SH DEFINED 0103 35000 9255
BOWLINE CORP COM 102596103 0 2 SH DEFINED 0102 2
BRADY (WH) CO COM 104674106 286 4200 SH DEFINED 0102 4200
BRASMOTOR PREFERRED* COM 105503999 0 1 SH DEFINED 01 1
BRIGGS & STRATTON COM 109043109 62 1792 SH DEFINED 0103 1792
BRISTOL MYERS SQUIBB COM 110122108 27250 400000 SH DEFINED 0113 400000
BRISTOL MYERS SQUIBB COM 110122108 10900 160000 SH DEFINED 0107 160000
BRISTOL MYERS SQUIBB COM 110122108 20438 300000 SH DEFINED 011516 300000
BRISTOL MYERS SQUIBB COM 110122108 1083 15900 SH DEFINED 0102 15900
BRISTOL MYERS SQUIBB COM 110122108 18734 275000 SH DEFINED 0131 275000
BRISTOL MYERS SQUIBB COM 110122108 2836 41631 SH DEFINED 0103 41631
BRITE VOICE SYSTEMS COM 110411105 1278 70000 SH DEFINED 011619 70000
BRITISH AWYS PLC ADR COM 110419306 26900 400000 SH DEFINED 0126 400000
BRITISH PETRO ADR COM 110889409 17125 200000 SH DEFINED 0130 200000
BRITISH PETRO ADR COM 110889409 8563 100000 SH DEFINED 0124 100000
BRITISH SKY COM 111013108 1601 61300 SH DEFINED 0132 61300
BRITISH SKY COM 111013108 7838 300000 SH DEFINED 0124 300000
BROADBAND TECH COM 111309100 1238 50000 SH DEFINED 011619 50000
BROADBAND TECH COM 111309100 5445 220000 SH DEFINED 011614 220000
BROADWAY & SEYMOUR I COM 111433108 9338 450000 SH DEFINED 0106 450000
BROADWAY & SEYMOUR I COM 111433108 4150 200000 SH DEFINED 011619 200000
BROADWAY & SEYMOUR I COM 111433108 7263 350000 SH DEFINED 011614 350000
BROADWAY STORES INC. COM 111572103 13438 2500000 SH DEFINED 0124 2500000
BROCK CONTROL COM 111626107 640 80000 SH DEFINED 011619 80000
BROCK CONTROL COM 111626107 3421 427640 SH DEFINED 01 427640
BRODER BUND SOFTWARE COM 112014105 6 100 SH DEFINED 0102 100
BRODER BUND SOFTWARE COM 112014105 4055 63600 SH DEFINED 0131 63600
BRODER BUND SOFTWARE COM 112014105 217 3400 SH DEFINED 0103 3400
BROOKLYN BANCORP COM 113809107 3206 95000 SH DEFINED 0128 95000
BROOKLYN BANCORP COM 113809107 2609 77300 SH DEFINED 0102 77300
<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
BROOKLYN UNION GAS COM 114259104 7219 275000 SH DEFINED 0132 275000
BROWN FORMAN CL B COM 115637209 421 12600 SH DEFINED 0102 12600
BROWN FORMAN CL B COM 115637209 143 4274 SH DEFINED 0103 4274
BROWN GROUP INC COM 115657108 25 1113 SH DEFINED 0103 1113
BROWNING FERRIS IND COM 115885105 442 12228 SH DEFINED 0103 12228
BROWNING FERRIS35.62 CONV PFD STOCK 115885683 5475 150000 SH DEFINED 0107 150000
BROWNING FERRIS35.62 CONV PFD STOCK 115885683 8213 225000 SH DEFINED 011516 225000
BRUNO'S INC COM 116881103 56 4837 SH DEFINED 0103 4837
BRUNSWICK CORP COM 117043109 101 5912 SH DEFINED 0103 5912
BUFETE ADS COM 11942H100 6500 400000 SH DEFINED 0135 400000
BAESA COM 119424208 5025 200000 SH DEFINED 0135 200000
BURLINGTON INDUSTRY COM 121693105 851 74000 SH DEFINED 0102 74000
BURLINGTON NO INC COM 121897102 350 5527 SH DEFINED 0103 5527
BURLINGTON RESOURCES COM 122014103 289 7836 SH DEFINED 0103 7836
CBI INDUSTRIES 100 PREFERRED STOCK 124800301 4975 50000 SH DEFINED 0105 50000
CBS CLASS A RECEIPTS PREFERRED STOCK 124845XZ6 5000 50000 SH DEFINED 01 50000
CBS INC COM 124845108 3350 50000 SH DEFINED 0108 50000
CBS INC COM 124845108 20100 300000 SH DEFINED 0124 300000
CBS INC COM 124845108 30311 452400 SH DEFINED 011516 452400
CBS INC COM 124845108 20100 300000 SH DEFINED 011618 300000
CBS INC COM 124845108 704 10500 SH DEFINED 011620 10500
CBS INC COM 124845108 13 200 SH DEFINED 0102 200
CBS INC COM 124845108 3966 59200 SH DEFINED 0131 59200
CBS INC COM 124845108 476 7100 SH DEFINED 0103 3300 3800
CBS INC COM 124845108 1340 20000 SH DEFINED 01 20000
CIGNA CORP COM 125509109 347 4474 SH DEFINED 0103 4474
CKE RESTAURANTS INC. COM 12561E105 2117 235229 SH DEFINED 0103 235229
CMS ENERGY CORP COM 125896100 4925 200000 SH DEFINED 0132 200000
CMS ENERGY CORP COM 125896100 2625 106600 SH DEFINED 0102 106600
CPC INTL COM 126149103 561 9090 SH DEFINED 0103 9090
CSR LTD ADR COM 126396308 305 24340 SH DEFINED 01 24340
CSX CORP COM 126408103 30050 400000 SH DEFINED 0126 400000
CSX CORP COM 126408103 488 6500 SH DEFINED 011620 6500
CSX CORP COM 126408103 33555 446604 SH DEFINED 0102 126125 320479
CSX CORP COM 126408103 1392 18536 SH DEFINED 0103 12050 6486
CSX CORP COM 126408103 9375 124780 SH DEFINED 01 124780
CUC INT'L INC COM 126545102 30660 730000 SH DEFINED 0126 730000
CUC INT'L INC COM 126545102 23940 570000 SH DEFINED 011618 570000
CUC INT'L INC COM 126545102 1638 39000 SH DEFINED 011619 39000
CUC INT'L INC COM 126545102 12600 300000 SH DEFINED 011614 300000
CUC INT'L INC COM 126545102 21903 521500 SH DEFINED 0102 521500
CUC INT'L INC COM 126545102 3469 82600 SH DEFINED 0131 82600
CUC INT'L INC COM 126545102 1105 26326 SH DEFINED 0103 19100 7226
CABLETRON SYSTEMS COM 126920107 30885 580000 SH DEFINED 0126 580000
CABLETRON SYSTEMS COM 126920107 1864 35000 SH DEFINED 011619 35000
CABLETRON SYSTEMS COM 126920107 10118 190000 SH DEFINED 011614 190000
CABLETRON SYSTEMS COM 126920107 17208 323150 SH DEFINED 0102 323150
CABLETRON SYSTEMS COM 126920107 697 13079 SH DEFINED 0103 8800 4279
CALGON CARBON COM 129603106 6063 500000 SH DEFINED 0135 500000
CALI REALTY CORP COM 129909107 5716 295000 SH DEFINED 0107 295000
<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
CALIFORNIA ENERGY COM 130190101 3684 225000 SH DEFINED 0132 225000
CALIFORNIA ENERGY COM 130190101 9006 550000 SH DEFINED 0124 550000
CALIFORNIA ENERGY COM 130190101 8188 500000 SH DEFINED 011618 500000
CAMCO COM 132632100 11688 500000 SH DEFINED 0124 500000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 2783 3000000 PRN DEFINED 0104 3000000
CAMDEN PROP TRUST COM 133131102 2188 100000 SH DEFINED 0132 100000
CAMERON ASHLEY COM 133290106 3313 250000 SH DEFINED 0128 250000
CAMPBELL SOUP COM 134429109 756 15432 SH DEFINED 0103 15432
CANADIAN PAC LTD COM 136440302 1910 109900 SH DEFINED 0102 109900
CANANDAIGUA WINE -C COM 137219200 2014 45000 SH DEFINED 011619 45000
CANANDAIGUA WINE -C COM 137219200 7608 170000 SH DEFINED 011614 170000
CANANDAIGUA WINE -C COM 137219200 18 400 SH DEFINED 0102 400
CANANDAIGUA WINE -C COM 137219200 4014 89700 SH DEFINED 0131 89700
CANANDAIGUA WINE -C COM 137219200 219 4900 SH DEFINED 0103 4900
CAPCO AUTOMOTIVE PRO COM 139168108 283 36500 SH DEFINED 0102 36500
CAPEX GDR COM 139612105 2306 150000 SH DEFINED 0132 150000
CAPEX GDR COM 139612105 6150 400000 SH DEFINED 0135 400000
CAPITAL CITIES/ABC COM 139859102 14683 140000 SH DEFINED 0126 140000
CAPITAL CITIES/ABC COM 139859102 367 3500 SH DEFINED 0125 3500
CAPITAL CITIES/ABC COM 139859102 42 400 SH DEFINED 0102 400
CAPITAL CITIES/ABC COM 139859102 1148 10941 SH DEFINED 0103 10941
CAPITAL ONE FINL COR COM 14040H105 30 1528 SH DEFINED 0102 1528
CARDINAL DISTRIBUTIO COM 14149Y108 47250 1000000 SH DEFINED 011516 1000000
CARDINAL DISTRIBUTIO COM 14149Y108 5561 117700 SH DEFINED 011618 117700
CARDINAL DISTRIBUTIO COM 14149Y108 14 300 SH DEFINED 0102 300
CARDINAL DISTRIBUTIO COM 14149Y108 6417 135800 SH DEFINED 0131 135800
CARDINAL DISTRIBUTIO COM 14149Y108 354 7500 SH DEFINED 0103 7500
CAREER HORIZON COM 141672105 9975 525000 SH DEFINED 011516 525000
CAREMARK INT'L INC COM 141704106 19000 950000 SH DEFINED 011516 950000
CARMIKE CINEMAS INC COM 143436103 1176 48500 SH DEFINED 0128 48500
CARNIVAL CORP COM 143658102 7013 300000 SH DEFINED 011516 300000
CAROLINA POWER & LT COM 144141108 293 9686 SH DEFINED 0103 9686
CARR REALTY COM 14441K103 119 6900 SH DEFINED 0102 6900
CASCADE COMM COM 147184105 865 20000 SH DEFINED 011619 20000
CASCADE COMM COM 147184105 4325 100000 SH DEFINED 011614 100000
CASCADE COMM COM 147184105 9641 222900 SH DEFINED 0102 222900
CASCADE COMM COM 147184105 6289 145400 SH DEFINED 0131 145400
CASCADE COMM COM 147184105 562 13000 SH DEFINED 0103 13000
CATERPILLAR INC COM 149123101 14456 225000 SH DEFINED 0130 225000
CATERPILLAR INC COM 149123101 7068 110000 SH DEFINED 0108 110000
CATERPILLAR INC COM 149123101 83525 1300000 SH DEFINED 0126 1300000
CATERPILLAR INC COM 149123101 22488 350000 SH DEFINED 0111 350000
CATERPILLAR INC COM 149123101 38550 600000 SH DEFINED 0124 600000
CATERPILLAR INC COM 149123101 2538 39500 SH DEFINED 0125 39500
CATERPILLAR INC COM 149123101 5140 80000 SH DEFINED 011622 80000
CATERPILLAR INC COM 149123101 11565 180000 SH DEFINED 011623 180000
CATERPILLAR INC COM 149123101 38550 600000 SH DEFINED 011516 600000
CATERPILLAR INC COM 149123101 28913 450000 SH DEFINED 011618 450000
CATERPILLAR INC COM 149123101 1285 20000 SH DEFINED 011620 20000
CATERPILLAR INC COM 149123101 138001 2147961 SH DEFINED 0102 727200 1420761
<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 3403 52965 SH DEFINED 0103 25450 27515
CATERPILLAR INC COM 149123101 6202 96535 SH DEFINED 01 96535
CELCARIBE 144A COM 150898104 687 528450 SH DEFINED 0104 528450
CELCARIBE 144A COM 150898104 1237 951210 SH DEFINED 0109 951210
CELCARIBE 144A COM 150898104 359 276420 SH DEFINED 011621 276420
CEMEX 144A CONV BOND 151290AK9 7650 10000000 PRN DEFINED 0124 10000000
CEMEX 144A CONV BOND 151290AK9 11475 15000000 PRN DEFINED 011516 15000000
CEMEX ADR B COM 151290202 7957 1107025 SH DEFINED 0112 1107025
CEMEX ADR B COM 151290202 6236 867575 SH DEFINED 011617 867575
CEMEX ADR B COM 151290202 239 33250 SH DEFINED 01 33250
CEMEX 144A ADS CPO COM 151290301 511 75000 SH DEFINED 011617 75000
CEMEX SA-CL B ADR COM 151290988 11 1500 SH DEFINED 0102 1500
CENTEX CORPORATION COM 152312104 1413 50000 SH DEFINED 011619 50000
CENTEX CORPORATION COM 152312104 7063 250000 SH DEFINED 011614 250000
CENTEX CORPORATION COM 152312104 50 1765 SH DEFINED 0103 1765
CENTOCOR INC COM 152342101 11450 800000 SH DEFINED 011516 800000
CENTRAL & S W COM 152357109 309 11767 SH DEFINED 0103 11767
CENTRAL LA ELECTRIC COM 153897608 6110 260000 SH DEFINED 0132 260000
CENTRAL PUERTO ADS COM 155038102 9500 500000 SH DEFINED 0130 500000
CENTRAL VT PUB SRV COM 155771108 2024 145849 SH DEFINED 0103 145849
CENTURY TELEPHONE EN COM 156686107 14188 500000 SH DEFINED 0111 500000
CENTURY TELEPHONE EN COM 156686107 5675 200000 SH DEFINED 011618 200000
CENTURY TELEPHONE EN COM 156686107 14479 510300 SH DEFINED 0102 510300
CENTURY TELEPHONE EN COM 156686107 494 17400 SH DEFINED 0103 17400
CERIDIAN CORP COM 15677T106 1364 37000 SH DEFINED 011619 37000
CERIDIAN CORP COM 15677T106 7375 200000 SH DEFINED 011614 200000
CERIDIAN CORP COM 15677T106 11 300 SH DEFINED 0102 300
CERIDIAN CORP COM 15677T106 4370 118500 SH DEFINED 0131 118500
CERIDIAN CORP COM 15677T106 345 9360 SH DEFINED 0103 6500 2860
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 22963 275000 SH DEFINED 0130 275000
CHAMPION INTL COM 158525105 271 5200 SH DEFINED 0125 5200
CHAMPION INTL COM 158525105 15638 300000 SH DEFINED 011516 300000
CHAMPION INTL COM 158525105 31 600 SH DEFINED 0102 600
CHAMPION INTL COM 158525105 405 7778 SH DEFINED 0103 7778
CHARTER ONE FINL INC COM 160903100 12 500 SH DEFINED 0102 500
CHARTER ONE FINL INC COM 160903100 3606 147200 SH DEFINED 0131 147200
CHARTER ONE FINL INC COM 160903100 203 8300 SH DEFINED 0103 8300
CHARMING SHOPPES COM 161133103 33 6369 SH DEFINED 0103 6369
CHARTER MEDICAL CORP COM 161241708 11375 700000 SH DEFINED 011516 700000
CHASE MANHATTAN CORP COM 161610100 4277 91000 SH DEFINED 0102 91000
CHASE MANHATTAN CORP COM 161610100 516 10982 SH DEFINED 0103 10982
CHELSEA PROP COM 163262108 230 8500 SH DEFINED 0102 8500
CHEMICAL BKG CORP COM 163722101 715 15140 SH DEFINED 0103 15140
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
CHEVRON CORP COM 166751107 1882 40364 SH DEFINED 0103 40364
CHEVRON CORP COM 166751107 699 15000 SH DEFINED 01 15000
CHIC BY H I S INC COM 167113109 69 6100 SH DEFINED 0102 6100
CHICAGO MINIATU LAMP COM 167781103 1100 80000 SH DEFINED 011619 80000
<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
CHIRON CORP CONV BOND 170040AB5 5192 6500000 PRN DEFINED 0104 6500000
CHIRON CORP CONV BOND 170040AB5 5591 7000000 PRN DEFINED 011516 7000000
CHIRON CORP CONV BOND 170040AB5 2796 3500000 PRN DEFINED 011621 3500000
CHIRON COM 170040109 11050 170000 SH DEFINED 011516 170000
CHRYSLER COM 171196108 575 12000 SH DEFINED 011620 12000
CHRYSLER COM 171196108 0 5 SH DEFINED 0102 5
CHRYSLER COM 171196108 1053 21992 SH DEFINED 0103 21992
CHRYSLER COM 171196108 3327 69500 SH DEFINED 01 69500
CHUBB CORP COM 171232101 433 5398 SH DEFINED 0103 5398
CIBER COM 17163B102 6213 350000 SH DEFINED 011516 350000
CINCINNATI BELL INC COM 171870108 6313 250000 SH DEFINED 0132 250000
CINCINNATI MILACRON COM 172172108 14850 550000 SH DEFINED 0106 550000
CINCINNATI MILACRON COM 172172108 24384 903255 SH DEFINED 0102 318350 584905
CINCINNATI MILACRON COM 172172108 703 26040 SH DEFINED 0103 23950 2090
CINCINNATI MILACRON COM 172172108 364 13491 SH DEFINED 01 13491
CINERGY CORP COM 172474108 1376 52400 SH DEFINED 0125 52400
CINERGY CORP COM 172474108 10500 400000 SH DEFINED 011618 400000
CINERGY CORP COM 172474108 163 6200 SH DEFINED 0102 6200
CINERGY CORP COM 172474108 780 29713 SH DEFINED 0103 29713
CIRCLE K COM 172585101 1181 70000 SH DEFINED 011619 70000
CIRCLE K COM 172585101 5063 300000 SH DEFINED 011614 300000
CIRCUIT CITY COM 172737108 189 5975 SH DEFINED 0103 5975
CISCO SYSTEMS COM 17275R102 15169 300000 SH DEFINED 0130 300000
CISCO SYSTEMS COM 17275R102 7079 140000 SH DEFINED 0108 140000
CISCO SYSTEMS COM 17275R102 151688 3000000 SH DEFINED 0126 3000000
CISCO SYSTEMS COM 17275R102 20225 400000 SH DEFINED 0111 400000
CISCO SYSTEMS COM 17275R102 50563 1000000 SH DEFINED 0124 1000000
CISCO SYSTEMS COM 17275R102 1755 34700 SH DEFINED 0125 34700
CISCO SYSTEMS COM 17275R102 8191 162000 SH DEFINED 011622 162000
CISCO SYSTEMS COM 17275R102 18607 368000 SH DEFINED 011623 368000
CISCO SYSTEMS COM 17275R102 6826 135000 SH DEFINED 011619 135000
CISCO SYSTEMS COM 17275R102 1011 20000 SH DEFINED 011620 20000
CISCO SYSTEMS COM 17275R102 24523 485000 SH DEFINED 011614 485000
CISCO SYSTEMS COM 17275R102 140979 2788103 SH DEFINED 0102 607420 2180683
CISCO SYSTEMS COM 17275R102 17252 341200 SH DEFINED 0131 341200
CISCO SYSTEMS COM 17275R102 4658 92141 SH DEFINED 0103 61750 30391
CISCO SYSTEMS COM 17275R102 13360 264215 SH DEFINED 01 264215
CIRRUS LOGIC COM 172755100 9403 150000 SH DEFINED 0106 150000
CIRCUS CIRCUS ENT COM 172909103 17625 500000 SH DEFINED 0124 500000
CIRCUS CIRCUS ENT COM 172909103 12045 341700 SH DEFINED 011516 341700
CITICORP COM 173034109 173625 3000000 SH DEFINED 0126 3000000
CITICORP COM 173034109 20256 350000 SH DEFINED 0124 350000
CITICORP COM 173034109 804 13900 SH DEFINED 0125 13900
CITICORP COM 173034109 2315 40000 SH DEFINED 011619 40000
CITICORP COM 173034109 1204 20800 SH DEFINED 011620 20800
CITICORP COM 173034109 9839 170000 SH DEFINED 011614 170000
CITICORP COM 173034109 126591 2187240 SH DEFINED 0102 832760 1354480
CITICORP COM 173034109 3185 55033 SH DEFINED 0103 25350 29683
CITICORP COM 173034109 7697 133000 SH DEFINED 01 133000
CLAIRES STORES INC COM 179584107 346 19100 SH DEFINED 0102 19100
<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
CLARCOR INC COM 179895107 5312 232200 SH DEFINED 0128 232200
CLAYTON HOMES INC COM 184190106 11463 700000 SH DEFINED 0108 700000
CLAYTON HOMES INC COM 184190106 12281 750000 SH DEFINED 0111 750000
CLAYTON HOMES INC COM 184190106 13100 800000 SH DEFINED 011618 800000
CLAYTON HOMES INC COM 184190106 60642 3703305 SH DEFINED 0102 1578500 2124805
CLAYTON HOMES INC COM 184190106 387 23600 SH DEFINED 0103 23600
CLEAR CHANNEL COMMUN COM 184502102 11325 175900 SH DEFINED 0102 175900
CLEAR CHANNEL COMMUN COM 184502102 361 5600 SH DEFINED 0103 5600
CLEVELAND-CLIFFS IRN COM 185896107 4813 125000 SH DEFINED 0128 125000
CLINICOM INC COM 18726L108 5775 350000 SH DEFINED 011516 350000
CLOROX CO. COM 189054109 20 300 SH DEFINED 0125 300
CLOROX CO. COM 189054109 13703 210000 SH DEFINED 0107 210000
CLOROX CO. COM 189054109 3 50 SH DEFINED 0102 50
CLOROX CO. COM 189054109 221 3386 SH DEFINED 0103 3386
COASTAL CORP COM 190441105 197 6488 SH DEFINED 0103 6488
COCA-COLA COM 191216100 102000 1600000 SH DEFINED 0126 1600000
COCA-COLA COM 191216100 31875 500000 SH DEFINED 0111 500000
COCA-COLA COM 191216100 3672 57600 SH DEFINED 0125 57600
COCA-COLA COM 191216100 6350 99600 SH DEFINED 011622 99600
COCA-COLA COM 191216100 12725 199600 SH DEFINED 011623 199600
COCA-COLA COM 191216100 25500 400000 SH DEFINED 011618 400000
COCA-COLA COM 191216100 727 11400 SH DEFINED 011620 11400
COCA-COLA COM 191216100 28535 447445 SH DEFINED 0102 157900 289545
COCA-COLA COM 191216100 6833 107188 SH DEFINED 0103 5550 101638
FEMSA COKE COM 191241108 23375 1100000 SH DEFINED 011516 1100000
COFLEXIP -SPON ADR COM 192384105 6978 275000 SH DEFINED 0135 275000
COLEMAN COMPANY INC COM 193559101 831 23400 SH DEFINED 011620 23400
COLLECTIVE BANCORP I COM 193901105 4050 200000 SH DEFINED 0108 200000
COLLECTIVE BANCORP I COM 193901105 5265 260000 SH DEFINED 0128 260000
COLGATE-PALMOLIVE COM 194162103 657 8980 SH DEFINED 0103 8980
COLUMBIA GAS SYSTEM COM 197648108 3829 120600 SH DEFINED 0130 120600
COLUMBIA GAS SYSTEM COM 197648108 4763 150000 SH DEFINED 0132 150000
COLUMBIA GAS SYSTEM COM 197648108 99 3132 SH DEFINED 0103 3132
COLUMBIA HEALTHCARE COM 197677107 16111 372500 SH DEFINED 0130 372500
COLUMBIA HEALTHCARE COM 197677107 28113 650000 SH DEFINED 011618 650000
COLUMBIA HEALTHCARE COM 197677107 1514 35000 SH DEFINED 011620 35000
COLUMBIA HEALTHCARE COM 197677107 13552 313346 SH DEFINED 0102 107400 205946
COLUMBIA HEALTHCARE COM 197677107 1091 25228 SH DEFINED 0103 2800 22428
COMCAST CORP CVT CONV BOND 200300AQ4 9350 10000000 PRN DEFINED 011618 10000000
COMCAST CORP CONV BOND 200300AR2 14304 29800000 PRN DEFINED 011516 29800000
COMCAST CORP CONV BOND 200300AR2 4800 10000000 PRN DEFINED 011618 10000000
COMCAST CORPORATION COM 200300101 10913 600000 SH DEFINED 0111 600000
COMCAST CORPORATION COM 200300101 33647 1850000 SH DEFINED 011516 1850000
COMCAST CORPORATION COM 200300101 81 4500 SH DEFINED 0102 4500
COMCAST CORP CLA SPL COM 200300200 9281 500000 SH DEFINED 0124 500000
COMCAST CORP CLA SPL COM 200300200 72 3900 SH DEFINED 0125 3900
COMCAST CORP CLA SPL COM 200300200 13922 750000 SH DEFINED 011618 750000
COMCAST CORP CLA SPL COM 200300200 62 3350 SH DEFINED 0102 3350
COMCAST CORP CLA SPL COM 200300200 4063 218900 SH DEFINED 0131 218900
COMCAST CORP CLA SPL COM 200300200 529 28541 SH DEFINED 0103 12200 16341
<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
COMDATA HOLDINGS COR COM 200321206 1922 125000 SH DEFINED 011619 125000
COMERICA INC COM 200340107 16063 500000 SH DEFINED 0113 500000
COMMERCE ASSET CONV BOND 200509AA5 1628 1500000 PRN DEFINED 0135 1500000
COMMERCE BANCSHARES COM 200525103 189 6000 SH DEFINED 0102 6000
COMMERCIAL METALS COM 201723103 2700 100000 SH DEFINED 0111 100000
COMML NET LEASE RLTY COM 202218103 415 31600 SH DEFINED 0102 31600
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 8661 84092 SH DEFINED 0105 84092
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 5250 50975 SH DEFINED 01 50975
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 1268 12306 SH DEFINED 0116 12306
COMMONWEALTH EDISON PREFERRED STOCK 2027959A0 9038 87750 SH DEFINED 0105 87750
COMMONWEALTH ALUM COM 202904108 7670 405000 SH DEFINED 0124 405000
COMMONWEALTH EDISON PREFERRED STOCK 202990925 3742 36503 SH DEFINED 01 36503
COMMUNITY HEALTH SYS COM 203666102 5207 153700 SH DEFINED 0106 153700
COMMUNITY HEALTH SYS COM 203666102 491 14494 SH DEFINED 01 14494
COMMUNITY FIRST BANK COM 203902101 85 5000 SH DEFINED 0102 5000
COMMUNITY PSYCH CNTR COM 204015101 24750 2200000 SH DEFINED 011516 2200000
COMMUNITY PSYCH CNTR COM 204015101 30 2700 SH DEFINED 0103 2700
CHILE TELEPHONE CO COM 204449201 9358 115000 SH DEFINED 0112 115000
CHILE TELEPHONE CO COM 204449201 9440 116000 SH DEFINED 011617 116000
CHILE TELEPHONE CO COM 204449201 31 385 SH DEFINED 01 385
COMP NAVIERA PEREZ COM 204484109 9912 1180000 SH DEFINED 0135 1180000
COMPAQ COMPUTER CORP COM 204493100 24956 550000 SH DEFINED 0130 550000
COMPAQ COMPUTER CORP COM 204493100 11344 250000 SH DEFINED 0108 250000
COMPAQ COMPUTER CORP COM 204493100 31763 700000 SH DEFINED 0126 700000
COMPAQ COMPUTER CORP COM 204493100 27225 600000 SH DEFINED 0111 600000
COMPAQ COMPUTER CORP COM 204493100 49913 1100000 SH DEFINED 0124 1100000
COMPAQ COMPUTER CORP COM 204493100 309 6800 SH DEFINED 0125 6800
COMPAQ COMPUTER CORP COM 204493100 6806 150000 SH DEFINED 011622 150000
COMPAQ COMPUTER CORP COM 204493100 15654 345000 SH DEFINED 011623 345000
COMPAQ COMPUTER CORP COM 204493100 34031 750000 SH DEFINED 011516 750000
COMPAQ COMPUTER CORP COM 204493100 22688 500000 SH DEFINED 011618 500000
COMPAQ COMPUTER CORP COM 204493100 157592 3472942 SH DEFINED 0102 1247200 2225742
COMPAQ COMPUTER CORP COM 204493100 10146 223600 SH DEFINED 0131 223600
COMPAQ COMPUTER CORP COM 204493100 2424 53423 SH DEFINED 0103 34200 19223
COMPAQ COMPUTER CORP COM 204493100 25546 563000 SH DEFINED 01 563000
COMPUTER ASSOC COM 204912109 67750 1000000 SH DEFINED 0126 1000000
COMPUTER ASSOC COM 204912109 27100 400000 SH DEFINED 0124 400000
COMPUTER ASSOC COM 204912109 1457 21500 SH DEFINED 0125 21500
COMPUTER ASSOC COM 204912109 6775 100000 SH DEFINED 011622 100000
COMPUTER ASSOC COM 204912109 16870 249000 SH DEFINED 011623 249000
COMPUTER ASSOC COM 204912109 23713 350000 SH DEFINED 011618 350000
COMPUTER ASSOC COM 204912109 15239 224929 SH DEFINED 0102 16400 208529
COMPUTER ASSOC COM 204912109 2083 30729 SH DEFINED 0103 12350 18379
COMPUTER ASSOC COM 204912109 183 2700 SH DEFINED 01 2700
COMPUTER SCIENCES COM 205363104 31850 560000 SH DEFINED 0126 560000
COMPUTER SCIENCES COM 205363104 1422 25000 SH DEFINED 011620 25000
COMPUTER SCIENCES COM 205363104 9953 175000 SH DEFINED 011614 175000
COMPUTER SCIENCES COM 205363104 23 400 SH DEFINED 0102 400
COMPUTER SCIENCES COM 205363104 9561 168100 SH DEFINED 0131 168100
COMPUTER SCIENCES COM 205363104 716 12590 SH DEFINED 0103 9100 3490
<PAGE> PAGE 19
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
COMPUWARE COM 205638109 7688 250000 SH DEFINED 0106 250000
COMPUWARE COM 205638109 15375 500000 SH DEFINED 011618 500000
COMPUWARE COM 205638109 3501 113855 SH DEFINED 01 113855
CONAGRA COM 205887102 17438 500000 SH DEFINED 0130 500000
CONAGRA COM 205887102 10463 300000 SH DEFINED 0108 300000
CONAGRA COM 205887102 87188 2500000 SH DEFINED 0126 2500000
CONAGRA COM 205887102 206 5900 SH DEFINED 0125 5900
CONAGRA COM 205887102 14822 425000 SH DEFINED 0107 425000
CONAGRA COM 205887102 8719 250000 SH DEFINED 011618 250000
CONAGRA COM 205887102 24 700 SH DEFINED 0102 700
CONAGRA COM 205887102 613 17560 SH DEFINED 0103 17560
CONAGRA COM 205887102 6408 183730 SH DEFINED 01 183730
COMPUTER HORIZONS COM 205908106 1280 80000 SH DEFINED 011619 80000
CONCORDIA PAPER COM 206575102 1554 110000 SH DEFINED 0128 110000
CONNER PERIPHERALS CONV BOND 208108AB6 12525 15000000 PRN DEFINED 0130 15000000
CONNER PERIPHERALS CONV BOND 208108AB6 8350 10000000 PRN DEFINED 011618 10000000
CONNER PERIPHERALS CONV BOND 208108AC4 5880 7000000 PRN DEFINED 0104 7000000
CONNER PERIPHERALS CONV BOND 208108AC4 2520 3000000 PRN DEFINED 011621 3000000
CONRAIL INC. COM 208368100 10291 185000 SH DEFINED 0108 185000
CONRAIL INC. COM 208368100 1741 31300 SH DEFINED 0125 31300
CONRAIL INC. COM 208368100 20025 360000 SH DEFINED 011516 360000
CONRAIL INC. COM 208368100 73659 1324175 SH DEFINED 0102 509500 814675
CONRAIL INC. COM 208368100 1135 20387 SH DEFINED 0103 3500 16887
CONRAIL INC. COM 208368100 95 1700 SH DEFINED 01 1700
CONSO COM 20854R105 4200 300000 SH DEFINED 0107 300000
CONSO COM 20854R105 868 62000 SH DEFINED 011619 62000
CONSOLIDATED EDISON COM 209111103 429 14550 SH DEFINED 0103 14550
CON FREIGHTWAYS COM 209237106 59 2679 SH DEFINED 0103 2679
CONSOLIDATED NAT GAS COM 209615103 3775 100000 SH DEFINED 0132 100000
CONSOLIDATED NAT GAS COM 209615103 218 5762 SH DEFINED 0103 5762
CONSORCIO G ADR DINA COM 210306106 576 184199 SH DEFINED 01 184199
COOPER INDUSTRIES COM 216669101 286 7242 SH DEFINED 0103 7242
COOPER TIRE & RUBBER COM 216831107 126 5180 SH DEFINED 0103 5180
COORS ADOLPH COM 217016104 39 2374 SH DEFINED 0103 2374
COPART COM 217204106 10806 475000 SH DEFINED 011516 475000
CORAM HEALTHCARE COR COM 218103109 21188 1500000 SH DEFINED 011516 1500000
CORAM HEALTHCARE COR COM 218103109 848 60000 SH DEFINED 011619 60000
CORAM HEALTHCARE COR COM 218103109 3531 250000 SH DEFINED 011614 250000
CORDIS CORP COM 218525103 1202 18000 SH DEFINED 011619 18000
CORDIS CORP COM 218525103 6675 100000 SH DEFINED 011614 100000
CORDIS CORP COM 218525103 11821 177100 SH DEFINED 0102 177100
CORDIS CORP COM 218525103 3431 51400 SH DEFINED 0131 51400
CORDIS CORP COM 218525103 581 8700 SH DEFINED 0103 8700
CORDIS CORP COM 218525103 1335 20000 SH DEFINED 01 20000
CORESTATES FINANCIAL COM 218695104 312 8947 SH DEFINED 0103 8947
CORNING INC COM 219350105 463 14144 SH DEFINED 0103 14144
CORPORATE EXPRESS COM 219888104 13 600 SH DEFINED 0102 600
CORPORATE EXPRESS COM 219888104 4341 203100 SH DEFINED 0131 203100
CORPORATE EXPRESS COM 219888104 237 11100 SH DEFINED 0103 11100
CORVITA CORP COM 221010101 47 8900 SH DEFINED 0102 8900
<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
COX BROADCAST COM 224044107 11625 600000 SH DEFINED 011516 600000
COX BROADCAST COM 224044107 17 900 SH DEFINED 0102 900
COX BROADCAST COM 224044107 6535 337300 SH DEFINED 0131 337300
COX BROADCAST COM 224044107 372 19200 SH DEFINED 0103 19200
COX BROADCAST COM 224044107 775 40000 SH DEFINED 01 40000
CRANE CO. COM 224399105 68 1865 SH DEFINED 0103 1865
CRAY RESEARCH INC COM 225224104 40 1633 SH DEFINED 0103 1633
CREDENCE SYSTEMS COR COM 225302108 3781 125000 SH DEFINED 0106 125000
CREDENCE SYSTEMS COR COM 225302108 1361 45000 SH DEFINED 011619 45000
CREDENCE SYSTEMS COR COM 225302108 605 20000 SH DEFINED 011620 20000
CREDENCE SYSTEMS COR COM 225302108 6353 210000 SH DEFINED 011614 210000
CROMPTON & KNOWLES COM 227111101 565 40000 SH DEFINED 01 40000
CROWN AMERICA COM 228186102 5050 400000 SH DEFINED 0130 400000
CROWN AMERICA COM 228186102 9598 760200 SH DEFINED 0113 760200
CROWN AMERICA COM 228186102 3788 300000 SH DEFINED 0132 300000
CROWN AMERICA COM 228186102 808 64000 SH DEFINED 0102 64000
CROWN CORK & SEAL COM 228255105 30075 600000 SH DEFINED 0130 600000
CROWN CORK & SEAL COM 228255105 16027 319740 SH DEFINED 0108 319740
CROWN CORK & SEAL COM 228255105 20050 400000 SH DEFINED 0126 400000
CROWN CORK & SEAL COM 228255105 35088 700000 SH DEFINED 0124 700000
CROWN CORK & SEAL COM 228255105 2075 41400 SH DEFINED 0125 41400
CROWN CORK & SEAL COM 228255105 32581 650000 SH DEFINED 011516 650000
CROWN CORK & SEAL COM 228255105 27569 550000 SH DEFINED 011618 550000
CROWN CORK & SEAL COM 228255105 2757 55000 SH DEFINED 011619 55000
CROWN CORK & SEAL COM 228255105 351 7000 SH DEFINED 011620 7000
CROWN CORK & SEAL COM 228255105 10025 200000 SH DEFINED 011614 200000
CROWN CORK & SEAL COM 228255105 27156 541653 SH DEFINED 0102 169300 372353
CROWN CORK & SEAL COM 228255105 7143 142500 SH DEFINED 0131 142500
CROWN CORK & SEAL COM 228255105 1460 29127 SH DEFINED 0103 7800 21327
CROWN CORK & SEAL COM 228255105 60 1200 SH DEFINED 01 1200
CROWN PKG WTS WARRANT 228443115 110 5000 SH DEFINED 0104 5000
CROWN PKG WTS WARRANT 228443115 220 10000 SH DEFINED 0109 10000
CUMMINS ENGINE COM 231021106 112 2573 SH DEFINED 0103 2573
CYPRESS SEMICONDCTR COM 232806109 7290 180000 SH DEFINED 011614 180000
CYPRUS AMAX MINERALS COM 232809103 1853 65000 SH DEFINED 011620 65000
CYPRUS AMAX MINERALS COM 232809103 163 5732 SH DEFINED 0103 5732
DQE COM 23329J104 9400 400000 SH DEFINED 0132 400000
DPL INC COM 233293109 7744 350000 SH DEFINED 0132 350000
DPL INC COM 233293109 10149 458721 SH DEFINED 0103 458721
DSC COMMUNICATIONS COM 233311109 41850 900000 SH DEFINED 0126 900000
DSC COMMUNICATIONS COM 233311109 107 2300 SH DEFINED 0125 2300
DSC COMMUNICATIONS COM 233311109 19530 420000 SH DEFINED 011618 420000
DSC COMMUNICATIONS COM 233311109 14 300 SH DEFINED 0102 300
DSC COMMUNICATIONS COM 233311109 368 7921 SH DEFINED 0103 7921
DSC COMMUNICATIONS COM 233311109 357 7679 SH DEFINED 01 7679
DAKA INTERNATIONAL I COM 234068203 4914 212500 SH DEFINED 011516 212500
DAMARK FNTL INC COM 235691102 1851 315000 SH DEFINED 011516 315000
DANA CORP COM 235811106 7156 250000 SH DEFINED 0108 250000
DANA CORP COM 235811106 22900 800000 SH DEFINED 0113 800000
DANA CORP COM 235811106 166 5800 SH DEFINED 0125 5800
<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
DANA CORP COM 235811106 20 700 SH DEFINED 0102 700
DANA CORP COM 235811106 238 8318 SH DEFINED 0103 8318
DANKA BUS SYS 144A CONV BOND 236277AA7 7350 7000000 PRN DEFINED 0130 7000000
DANKA BUS SYS 144A CONV BOND 236277AA7 8400 8000000 PRN DEFINED 0107 8000000
DANKA BUS SYS 144A CONV BOND 236277AA7 5250 5000000 PRN DEFINED 011516 5000000
DANKA BUS SYS 144A CONV BOND 236277AA7 2100 2000000 PRN DEFINED 011618 2000000
DANKA BUS SYS 144A CONV BOND 236277AA7 1050 1000000 PRN DEFINED 011620 1000000
DANKA BUSINESS SYS P COM 236277109 19350 800000 SH DEFINED 0111 800000
DANKA BUSINESS SYS P COM 236277109 3265 135000 SH DEFINED 011622 135000
DANKA BUSINESS SYS P COM 236277109 7256 300000 SH DEFINED 011623 300000
DANKA BUSINESS SYS P COM 236277109 7256 300000 SH DEFINED 011516 300000
DANKA BUSINESS SYS P COM 236277109 9675 400000 SH DEFINED 011614 400000
DANKA BUSINESS SYS P COM 236277109 4138 171100 SH DEFINED 0102 171100
DANKA BUSINESS SYS P COM 236277109 3664 151500 SH DEFINED 0131 151500
DANKA BUSINESS SYS P COM 236277109 329 13600 SH DEFINED 0103 13600
DARDEN RESTAURANT COM 237194105 6525 600000 SH DEFINED 011516 600000
DARDEN RESTAURANT COM 237194105 200 18358 SH DEFINED 0103 18358
DARDEN RESTAURANT COM 237194105 163 15000 SH DEFINED 01 15000
DART GROUP CORP CL A COM 237415104 1164 13800 SH DEFINED 0102 13800
DATA GENERAL COM 237688106 22 2335 SH DEFINED 0103 2335
DATAMETRICS CORP COM 238085104 944 100000 SH DEFINED 011619 100000
DAYTON HUDSON CORP COM 239753106 9686 135000 SH DEFINED 0108 135000
DAYTON HUDSON CORP COM 239753106 25113 350000 SH DEFINED 0113 350000
DAYTON HUDSON CORP COM 239753106 50225 700000 SH DEFINED 0124 700000
DAYTON HUDSON CORP COM 239753106 3135 43700 SH DEFINED 0125 43700
DAYTON HUDSON CORP COM 239753106 14350 200000 SH DEFINED 0107 200000
DAYTON HUDSON CORP COM 239753106 150099 2091829 SH DEFINED 0102 648025 1443804
DAYTON HUDSON CORP COM 239753106 21525 300000 SH DEFINED 0131 300000
DAYTON HUDSON CORP COM 239753106 4006 55838 SH DEFINED 0103 23800 32038
DAYTON HUDSON CORP COM 239753106 21771 303415 SH DEFINED 01 303415
DEBEERS CONS MINES COM 240253302 5175 200000 SH DEFINED 0128 200000
DEAN FOODS COM 242361103 4480 160000 SH DEFINED 0128 160000
DEAN WITTER COM 24240V101 56400 1200000 SH DEFINED 0126 1200000
DEAN WITTER COM 24240V101 141 3000 SH DEFINED 0125 3000
DEAN WITTER COM 24240V101 21620 460000 SH DEFINED 011618 460000
DEAN WITTER COM 24240V101 592 12594 SH DEFINED 0102 12594
DEAN WITTER COM 24240V101 4324 92000 SH DEFINED 0131 92000
DEAN WITTER COM 24240V101 896 19081 SH DEFINED 0103 4900 14181
DEERE & COMPANY COM 244199105 14984 175000 SH DEFINED 0130 175000
DEERE & COMPANY COM 244199105 25688 300000 SH DEFINED 0111 300000
DEERE & COMPANY COM 244199105 2603 30400 SH DEFINED 0125 30400
DEERE & COMPANY COM 244199105 4881 57000 SH DEFINED 011622 57000
DEERE & COMPANY COM 244199105 8391 98000 SH DEFINED 011623 98000
DEERE & COMPANY COM 244199105 35106 410000 SH DEFINED 011516 410000
DEERE & COMPANY COM 244199105 19694 230000 SH DEFINED 011618 230000
DEERE & COMPANY COM 244199105 70408 822287 SH DEFINED 0102 296250 526037
DEERE & COMPANY COM 244199105 2107 24608 SH DEFINED 0103 7650 16958
DEERE & COMPANY COM 244199105 12561 146700 SH DEFINED 01 146700
DEL MARVA P&L COM 247109101 5125 250000 SH DEFINED 0132 250000
DELTA AIR LINES COM 247361108 96 1300 SH DEFINED 0125 1300
<PAGE> PAGE 22
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DELTA AIR LINES COM 247361108 15 200 SH DEFINED 0102 200
DELTA AIR LINES COM 247361108 268 3635 SH DEFINED 0103 3635
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 24073 411500 SH DEFINED 01 411500
DELUXE CORPORATION COM 248019101 169 5115 SH DEFINED 0103 5115
DENDRITE COM 248239105 435 30000 SH DEFINED 011619 30000
DEPARTMENT 56 COM 249509100 7990 208900 SH DEFINED 011516 208900
DESC SOCIEDAD INDUST COM 250309101 1375 106800 SH DEFINED 0124 106800
DETROIT EDISON COM 250847100 262 8973 SH DEFINED 0103 8973
DEVELOPERS DIV RLTY CONV BOND 251591AA1 3408 3500000 PRN DEFINED 0104 3500000
DEVELOPERS DIV RLTY CONV BOND 251591AA1 1461 1500000 PRN DEFINED 011621 1500000
DEVON ENERGY COM 251799102 6988 325000 SH DEFINED 0106 325000
DEVON ENERGY COM 251799102 12496 581200 SH DEFINED 0102 581200
DEVON ENERGY COM 251799102 344 16000 SH DEFINED 0103 16000
DIAL PAGE WARRANTS WARRANT 252460993 0 18902 SH DEFINED 0109 18902
DIAL CORP ARIZONA COM 252470109 9900 400000 SH DEFINED 011516 400000
DIAL CORP ARIZONA COM 252470109 142 5733 SH DEFINED 0103 5733
DIAMOND SHAMROCK INC COM 252747100 729 28300 SH DEFINED 0102 28300
DIEBOLD INC. COM 253651103 2762 63500 SH DEFINED 0128 63500
DIGITAL EQUIPMENT COM 253849103 1398 34300 SH DEFINED 0102 34300
DIGITAL EQUIPMENT COM 253849103 380 9331 SH DEFINED 0103 9331
DIMAC COM 253914303 1473 95000 SH DEFINED 011619 95000
DILLARD DEPT CLASS A COM 254063100 22031 750000 SH DEFINED 0124 750000
DILLARD DEPT CLASS A COM 254063100 6463 220000 SH DEFINED 011614 220000
DILLARD DEPT CLASS A COM 254063100 2682 91300 SH DEFINED 0102 91300
DILLARD DEPT CLASS A COM 254063100 206 6999 SH DEFINED 0103 6999
DIONEX COM 254546104 915 20000 SH DEFINED 0102 20000
DISNEY WALT CO COM 254687106 27813 500000 SH DEFINED 0111 500000
DISNEY WALT CO COM 254687106 27813 500000 SH DEFINED 0124 500000
DISNEY WALT CO COM 254687106 2503 45000 SH DEFINED 011622 45000
DISNEY WALT CO COM 254687106 5563 100000 SH DEFINED 011623 100000
DISNEY WALT CO COM 254687106 204 3654 SH DEFINED 0102 3654
DISNEY WALT CO COM 254687106 1790 32184 SH DEFINED 0103 32184
DISNEY WALT CO COM 254687106 1391 25000 SH DEFINED 01 25000
DR PEPPER BOTTLING COM 25612T103 425 100000 SH DEFINED 0109 100000
DOLLAR GENRAL COM 256669102 2214 70000 SH DEFINED 011619 70000
DOLLAR GENRAL COM 256669102 10278 325000 SH DEFINED 011614 325000
DOMINION RES INC VA COM 257470104 389 10655 SH DEFINED 0103 10655
DONNELLEY (RR)&SONS COM 257867101 18 500 SH DEFINED 0125 500
DONNELLEY (RR)&SONS COM 257867101 4 100 SH DEFINED 0102 100
DONNELLEY (RR)&SONS COM 257867101 346 9627 SH DEFINED 0103 9627
DONN-KENNY COM 258006105 6410 322500 SH DEFINED 011516 322500
DOVER CORP COM 260003108 82853 1138875 SH DEFINED 0103 1138875
DOW CHEMICAL COM 260543103 30547 425000 SH DEFINED 0113 425000
DOW CHEMICAL COM 260543103 35938 500000 SH DEFINED 0124 500000
DOW CHEMICAL COM 260543103 12219 170000 SH DEFINED 0107 170000
DOW CHEMICAL COM 260543103 5 70 SH DEFINED 0102 70
DOW CHEMICAL COM 260543103 20484 285000 SH DEFINED 0131 285000
DOW CHEMICAL COM 260543103 1967 27364 SH DEFINED 0103 27364
DOW CHEMICAL COM 260543103 13045 181500 SH DEFINED 01 181500
DOW JONES & CO COM 260561105 224 6070 SH DEFINED 0103 6070
<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
DRESSER INDUSTRIES COM 261597108 20025 900000 SH DEFINED 0124 900000
DRESSER INDUSTRIES COM 261597108 251 11288 SH DEFINED 0103 11288
DRIEFONTEIN CON ADR COM 262026503 415 30000 SH DEFINED 0127 30000
DREYFUS MONEY MARKET COM 262904204 4 3593 SH DEFINED 01 3593
E I DUPONT COM 263534109 20625 300000 SH DEFINED 0130 300000
E I DUPONT COM 263534109 6875 100000 SH DEFINED 0108 100000
E I DUPONT COM 263534109 13750 200000 SH DEFINED 0126 200000
E I DUPONT COM 263534109 6703 97500 SH DEFINED 0124 97500
E I DUPONT COM 263534109 1189 17300 SH DEFINED 0125 17300
E I DUPONT COM 263534109 10313 150000 SH DEFINED 011618 150000
E I DUPONT COM 263534109 11019 160240 SH DEFINED 0102 71600 88640
E I DUPONT COM 263534109 3589 52196 SH DEFINED 0103 3400 48796
DUFF & PHELPS CORP COM 264322108 458 42600 SH DEFINED 0102 42600
DUKE POWER COMPANY COM 264399106 527 12689 SH DEFINED 0103 12689
DUKE POWER COMPANY COM 264399106 3320 80000 SH DEFINED 01 80000
DUKE REALTY COM 264411505 5650 200000 SH DEFINED 0130 200000
DUKE REALTY COM 264411505 6215 220000 SH DEFINED 011618 220000
DUN & BRADSTREET CP COM 264830100 22313 425000 SH DEFINED 0113 425000
DUN & BRADSTREET CP COM 264830100 17063 325000 SH DEFINED 0131 325000
DUN & BRADSTREET CP COM 264830100 1182 22517 SH DEFINED 0103 22517
DURACELL COM 26633L103 21625 500000 SH DEFINED 0130 500000
DURACELL COM 26633L103 51900 1200000 SH DEFINED 0126 1200000
DURACELL COM 26633L103 17300 400000 SH DEFINED 0111 400000
DURACELL COM 26633L103 21625 500000 SH DEFINED 0124 500000
DURACELL COM 26633L103 3443 79600 SH DEFINED 011622 79600
DURACELL COM 26633L103 7629 176400 SH DEFINED 011623 176400
DURACELL COM 26633L103 1795 41500 SH DEFINED 011620 41500
DURACELL COM 26633L103 17008 393215 SH DEFINED 0102 59700 333515
DURACELL COM 26633L103 5601 129500 SH DEFINED 0131 129500
DURACELL COM 26633L103 1150 26600 SH DEFINED 0103 26600
DURACELL COM 26633L103 17659 408305 SH DEFINED 01 408305
ECI TELECOMMUNICATIO COM 268258100 183 13345 SH DEFINED 01 13345
E G & G INC COM 268457108 57 3414 SH DEFINED 0103 3414
EGSF VENTURE CAPITAL COM 268460995 27 48 SH DEFINED 0102 48
EIS INTERNATIONAL IN COM 268539103 1613 100000 SH DEFINED 011619 100000
EIS INTERNATIONAL IN COM 268539103 4838 300000 SH DEFINED 011614 300000
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 38 1279 SH DEFINED 0103 1279
EASTMAN CHEMICAL CO COM 277432100 305 5122 SH DEFINED 0103 5122
EASTMAN KODAK COM 277461109 1276 21040 SH DEFINED 0103 21040
EASTMAN KODAK COM 277461109 1213 20000 SH DEFINED 01 20000
EATON CORP COM 278058102 281 4829 SH DEFINED 0103 4829
ECHLIN INC COM 278749106 240 6900 SH DEFINED 0125 6900
ECHLIN INC COM 278749106 28 800 SH DEFINED 0102 800
ECHLIN INC COM 278749106 218 6283 SH DEFINED 0103 6283
ECHO BAY MINES LTD COM 278751102 63 6978 SH DEFINED 0103 6978
ECOLAB, INC. COM 278865100 6370 260000 SH DEFINED 0128 260000
ECOLAB, INC. COM 278865100 17 700 SH DEFINED 0102 700
ECOLAB, INC. COM 278865100 7326 299000 SH DEFINED 0131 299000
<PAGE> PAGE 24
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ECOLAB, INC. COM 278865100 471 19188 SH DEFINED 0103 15000 4188
EGGHEAD INC/WA COM 282330109 845 63200 SH DEFINED 011619 63200
EGGHEAD INC/WA COM 282330109 3167 236800 SH DEFINED 011614 236800
ELECTRO SCIENTIFIC COM 285229100 1496 45000 SH DEFINED 011619 45000
ELLETT BROTHERS INC COM 288398100 9 1300 SH DEFINED 0102 1300
ELTRON INTERNATIONAL COM 290382100 1316 65000 SH DEFINED 011619 65000
EMCOR Z WTS COM 29084Q134 0 5545 SH DEFINED 0103 703 4842
EMERSON ELECTRIC COM 291011104 25740 360000 SH DEFINED 011618 360000
EMERSON ELECTRIC COM 291011104 883 12370 SH DEFINED 0102 12370
EMERSON ELECTRIC COM 291011104 21450 300000 SH DEFINED 0131 300000
EMERSON ELECTRIC COM 291011104 1704 23832 SH DEFINED 0103 23832
EMPI INC COM 291586105 1350 90000 SH DEFINED 011619 90000
EMPIRE DISTRICT ELEC COM 291641108 8858 509824 SH DEFINED 0103 509824
EMPRESA NACIONAL DE COM 292447208 4925 100000 SH DEFINED 0132 100000
EMPRESAS ICA S COM 292448107 5140 501500 SH DEFINED 0112 501500
EMPRESAS ICA S COM 292448107 5673 553500 SH DEFINED 011617 553500
EMPRESAS ICA S COM 292448107 152 14855 SH DEFINED 01 14855
ENERGY BIO 144A $50 CONV PFD STOCK 29265L201 1208 35000 SH DEFINED 011614 35000
ENGELHARD CORP COM 292845104 253 5899 SH DEFINED 0103 5899
ENHANCE FINANCIAL SV COM 293310108 5989 309100 SH DEFINED 0128 309100
ENHANCE FINANCIAL SV COM 293310108 482 24900 SH DEFINED 0102 24900
ENNIS BUSINESS FORMS COM 293389102 327 26400 SH DEFINED 0102 26400
ENRON GLOBAL POWER COM 29356M100 2375 100000 SH DEFINED 0132 100000
ENRON GLOBAL POWER COM 29356M100 12469 525000 SH DEFINED 0107 525000
ENRON CORP COM 293561106 70250 2000000 SH DEFINED 0126 2000000
ENRON CORP COM 293561106 17563 500000 SH DEFINED 0132 500000
ENRON CORP COM 293561106 19333 550400 SH DEFINED 0124 550400
ENRON CORP COM 293561106 474 13500 SH DEFINED 0125 13500
ENRON CORP COM 293561106 11591 330000 SH DEFINED 0107 330000
ENRON CORP COM 293561106 12294 350000 SH DEFINED 011618 350000
ENRON CORP COM 293561106 25386 722760 SH DEFINED 0102 160500 562260
ENRON CORP COM 293561106 4918 140000 SH DEFINED 0131 140000
ENRON CORP COM 293561106 1579 44968 SH DEFINED 0103 24100 20868
ENRON CORP COM 293561106 1229 35000 SH DEFINED 01 35000
ENRON OIL & GAS CO COM 293562104 8700 400000 SH DEFINED 0108 400000
ENRON OIL & GAS CO COM 293562104 24214 1113300 SH DEFINED 0102 1113300
ENRON OIL & GAS CO COM 293562104 783 36000 SH DEFINED 0103 36000
ENSERCH CORP COM 293567103 71 4146 SH DEFINED 0103 4146
ENTERGY CORP COM 29364G103 4222 175000 SH DEFINED 0132 175000
ENTERGY CORP COM 29364G103 340 14084 SH DEFINED 0103 14084
ENTERRA CORP COM 293805107 6510 310000 SH DEFINED 0108 310000
ENVIRODYNE IND INC COM 294037205 3545 727116 SH DEFINED 0109 727116
ENVIRODYNE IND INC COM 294037205 443 90890 SH DEFINED 011621 90890
ENVIRODYNE IND INC COM 294037205 1891 387795 SH DEFINED 0116 387795
ENVIRODYNE IND INC COM 294037205 178 36356 SH DEFINED 01 36356
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 3900 30000 SH DEFINED 0104 30000
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 14560 112000 SH DEFINED 0109 112000
EQUITABLE COMPANIES CONV BOND 29444GAE7 20525 20000000 PRN DEFINED 0130 20000000
EQUITABLE COMPANIES CONV BOND 29444GAE7 13854 13500000 PRN DEFINED 0124 13500000
EQUITABLE COS INC COM 29444G107 731 35000 SH DEFINED 011620 35000
<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
EQUITABLE COS INC COM 29444G107 0 22 SH DEFINED 0116 22
EQUITABLE RESOURCES COM 294549100 4909 170000 SH DEFINED 0128 170000
EQUITY CORP INT'L COM 294644109 1620 80000 SH DEFINED 011619 80000
EQUITY INNS COM 294703103 258 24000 SH DEFINED 0102 24000
EQUITY RESIDENTIAL COM 29476L107 5575 200000 SH DEFINED 0130 200000
EQUITY RESIDENTIAL COM 29476L107 5575 200000 SH DEFINED 0108 200000
EQUITY RESIDENTIAL COM 29476L107 13938 500000 SH DEFINED 0113 500000
EQUITY RESIDENTIAL COM 29476L107 4181 150000 SH DEFINED 0132 150000
EQUITY RESIDENTIAL COM 29476L107 5296 190000 SH DEFINED 0107 190000
EQUITY RESIDENTIAL COM 29476L107 3624 130000 SH DEFINED 011618 130000
ERICSSON LM 'B' ADR COM 294821400 40000 2000000 SH DEFINED 0126 2000000
ERICSSON LM 'B' ADR COM 294821400 32000 1600000 SH DEFINED 0111 1600000
ERICSSON LM 'B' ADR COM 294821400 6200 310000 SH DEFINED 011622 310000
ERICSSON LM 'B' ADR COM 294821400 13728 686400 SH DEFINED 011623 686400
ERICSSON LM 'B' ADR COM 294821400 20000 1000000 SH DEFINED 011618 1000000
ERICSSON LM 'B' ADR COM 294821400 16107 805120 SH DEFINED 0102 160400 644720
ERICSSON LM 'B' ADR COM 294821400 7432 371600 SH DEFINED 0131 371600
ERICSSON LM 'B' ADR COM 294821400 860 43000 SH DEFINED 0103 43000
ERICSSON LM ADR'S COM 294821509 23625 9000000 SH DEFINED 0130 9000000
ERICSSON LM ADR'S COM 294821509 19688 7500000 SH DEFINED 0124 7500000
ETHAN ALLEN COM 297602104 4438 250000 SH DEFINED 0128 250000
ETHYL CORP COM 297659104 15938 1500000 SH DEFINED 0113 1500000
ETHYL CORP COM 297659104 2922 275000 SH DEFINED 0128 275000
ETHYL CORP COM 297659104 9563 900000 SH DEFINED 0131 900000
ETHYL CORP COM 297659104 340 32000 SH DEFINED 0103 32000
EXABYTE CORP COM 300615101 3469 250000 SH DEFINED 0128 250000
EXECUTIVE RISK COM 301586103 395 20800 SH DEFINED 0102 20800
EXXON COM 302290101 7063 100000 SH DEFINED 0108 100000
EXXON COM 302290101 81219 1150000 SH DEFINED 0126 1150000
EXXON COM 302290101 30016 425000 SH DEFINED 0113 425000
EXXON COM 302290101 2620 37100 SH DEFINED 0125 37100
EXXON COM 302290101 15891 225000 SH DEFINED 0107 225000
EXXON COM 302290101 21894 310000 SH DEFINED 011516 310000
EXXON COM 302290101 31781 450000 SH DEFINED 011618 450000
EXXON COM 302290101 2260 32000 SH DEFINED 011620 32000
EXXON COM 302290101 39667 561600 SH DEFINED 0102 208000 353600
EXXON COM 302290101 19422 275000 SH DEFINED 0131 275000
EXXON COM 302290101 7509 106316 SH DEFINED 0103 4200 102116
EXXON COM 302290101 9958 141000 SH DEFINED 01 45000 96000
F & M BANCORPORATION COM 302371109 761 37100 SH DEFINED 0128 37100
FMC CORP COM 302491303 152 2258 SH DEFINED 0103 2258
FPA MEDICAL MGMT INC COM 302543103 4000 400000 SH DEFINED 011516 400000
FPL GROUP INC. COM 302571104 9656 250000 SH DEFINED 0132 250000
FPL GROUP INC. COM 302571104 7725 200000 SH DEFINED 011618 200000
FPL GROUP INC. COM 302571104 447 11571 SH DEFINED 0103 11571
FTP SOFTWARE COM 302660105 12750 425000 SH DEFINED 0106 425000
FTP SOFTWARE COM 302660105 1350 45000 SH DEFINED 011619 45000
FTP SOFTWARE COM 302660105 6750 225000 SH DEFINED 011614 225000
FTP SOFTWARE COM 302660105 12 400 SH DEFINED 0102 400
FTP SOFTWARE COM 302660105 4347 144900 SH DEFINED 0131 144900
<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
FTP SOFTWARE COM 302660105 240 8000 SH DEFINED 0103 8000
FAB INDUSTRIES INC COM 302747100 326 10700 SH DEFINED 0102 10700
FAMILY DLR STORES COM 307000109 4425 300000 SH DEFINED 011614 300000
FARLEY INC NEW COM 307617928 0 1 SH DEFINED 0109 1
FEATHER LIGHT COM 313054108 713 95000 SH DEFINED 011619 95000
FEDERAL EXPRESS COM 313309106 158 2600 SH DEFINED 0125 2600
FEDERAL EXPRESS COM 313309106 10328 170000 SH DEFINED 011618 170000
FEDERAL EXPRESS COM 313309106 18 300 SH DEFINED 0102 300
FEDERAL EXPRESS COM 313309106 271 4465 SH DEFINED 0103 4465
FED HOME LOAN MTG CP COM 313400301 351 5100 SH DEFINED 0125 5100
FED HOME LOAN MTG CP COM 313400301 41 600 SH DEFINED 0102 600
FED HOME LOAN MTG CP COM 313400301 1081 15720 SH DEFINED 0103 15720
FEDERAL NATL MTGE COM 313586109 934 9900 SH DEFINED 0125 9900
FEDERAL NATL MTGE COM 313586109 11797 125000 SH DEFINED 0107 125000
FEDERAL NATL MTGE COM 313586109 22650 240000 SH DEFINED 011618 240000
FEDERAL NATL MTGE COM 313586109 1906 20200 SH DEFINED 011620 20200
FEDERAL NATL MTGE COM 313586109 117505 1245052 SH DEFINED 0102 369455 875597
FEDERAL NATL MTGE COM 313586109 3597 38097 SH DEFINED 0103 13500 24597
FEDERAL NATL MTGE COM 313586109 10745 113850 SH DEFINED 01 113850
FEDERAL PAPER BOARD COM 313693103 93 2622 SH DEFINED 0103 2622
FEDERATED DPT STORES COM 31410H101 17381 675000 SH DEFINED 011516 675000
FEDERATED DPT STORES COM 31410H101 308 11971 SH DEFINED 0116 11971
FEDERATED DPT STORES COM 31410H101 2750 106800 SH DEFINED 0102 106800
FEDERATED DPT STORES COM 31410H101 1674 65000 SH DEFINED 01 65000
FEDERATED DPT RES WARRANT 31410J115 232 72890 SH DEFINED 0109 72890
FEDERATED DPT RES WARRANT 31410J115 19 6000 SH DEFINED 011621 6000
FELCOR HOTEL COM 314305103 3698 145000 SH DEFINED 0107 145000
FERRO CORP COM 315405100 11 400 SH DEFINED 0102 400
FERRO CORP COM 315405100 186 7000 SH DEFINED 0103 7000
FIDELITY MAGELLAN FD COM 316184100 4 49 SH DEFINED 01 49
FIRST AMERICAN CORP/ COM 318900107 5202 145000 SH DEFINED 0128 145000
FIRST BANK SYSTEM COM 319279105 123 3000 SH DEFINED 0102 3000
FIRST CHICAGO CORP. COM 319455101 29938 500000 SH DEFINED 0130 500000
FIRST CHICAGO CORP. COM 319455101 10478 175000 SH DEFINED 0108 175000
FIRST CHICAGO CORP. COM 319455101 59875 1000000 SH DEFINED 0126 1000000
FIRST CHICAGO CORP. COM 319455101 23950 400000 SH DEFINED 0111 400000
FIRST CHICAGO CORP. COM 319455101 13472 225000 SH DEFINED 0124 225000
FIRST CHICAGO CORP. COM 319455101 3634 60700 SH DEFINED 0125 60700
FIRST CHICAGO CORP. COM 319455101 14071 235000 SH DEFINED 0107 235000
FIRST CHICAGO CORP. COM 319455101 5970 99700 SH DEFINED 011622 99700
FIRST CHICAGO CORP. COM 319455101 13274 221700 SH DEFINED 011623 221700
FIRST CHICAGO CORP. COM 319455101 23950 400000 SH DEFINED 011618 400000
FIRST CHICAGO CORP. COM 319455101 180443 3013486 SH DEFINED 0102 930900 2082586
FIRST CHICAGO CORP. COM 319455101 4748 79300 SH DEFINED 0131 79300
FIRST CHICAGO CORP. COM 319455101 4014 67039 SH DEFINED 0103 38150 28889
FIRST CHICAGO CORP. COM 319455101 7001 116900 SH DEFINED 01 116900
1ST CHICAGO NEXTELL CONV PFD STOCK 319455853 15750 900000 SH DEFINED 0130 900000
1ST CHICAGO NEXTELL CONV PFD STOCK 319455853 26250 1500000 SH DEFINED 011516 1500000
1ST CHICAGO NEXTELL CONV PFD STOCK 319455853 53 3000 SH DEFINED 011618 3000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 3480 60000 SH DEFINED 0129 60000
<PAGE> PAGE 27
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 5800 100000 SH DEFINED 0104 100000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 2900 50000 SH DEFINED 0109 50000
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 2465 42500 SH DEFINED 011621 42500
FIRST CHICAGO SRV 50 CONV PFD STOCK 319455861 56585 975600 SH DEFINED 01 975600
FIRST DATA CORP COM 319963104 28438 500000 SH DEFINED 0126 500000
FIRST DATA CORP COM 319963104 5688 100000 SH DEFINED 011516 100000
FIRST DATA CORP COM 319963104 1422 25000 SH DEFINED 011619 25000
FIRST DATA CORP COM 319963104 7394 130000 SH DEFINED 011614 130000
FIRST FIDELITY BANCP COM 320195100 7080 120000 SH DEFINED 011614 120000
FIRST FIDELITY BANCP COM 320195100 298 5058 SH DEFINED 0103 5058
FIRST FINANCIAL MGMT COM 320245103 85500 1000000 SH DEFINED 0126 1000000
FIRST FINANCIAL MGMT COM 320245103 34200 400000 SH DEFINED 0111 400000
FIRST FINANCIAL MGMT COM 320245103 5404 63200 SH DEFINED 011622 63200
FIRST FINANCIAL MGMT COM 320245103 12038 140800 SH DEFINED 011623 140800
FIRST FINANCIAL MGMT COM 320245103 25650 300000 SH DEFINED 011618 300000
FIRST FINANCIAL MGMT COM 320245103 4275 50000 SH DEFINED 011614 50000
FIRST FINANCIAL MGMT COM 320245103 20412 238720 SH DEFINED 0102 39500 199220
FIRST FINANCIAL MGMT COM 320245103 6413 75000 SH DEFINED 0131 75000
FIRST FINANCIAL MGMT COM 320245103 291 3400 SH DEFINED 0103 3400
FIRST FINANCIAL MGMT COM 320245103 1283 15000 SH DEFINED 01 15000
FIRST INDUSTRIAL REL COM 32054K103 6150 300000 SH DEFINED 0113 300000
FIRST INDUSTRIAL REL COM 32054K103 2870 140000 SH DEFINED 011618 140000
FIRST INTERSTATE BAN COM 320548100 393 4900 SH DEFINED 0103 4900
FIRST MISS CORP COM 320891104 853 25000 SH DEFINED 0127 25000
FIRST MISS CORP COM 320891104 43 1262 SH DEFINED 0103 1262
FIRST UNION CORP COM 337358105 61 1337 SH DEFINED 0102 1337
FIRST UNION CORP COM 337358105 493 10901 SH DEFINED 0103 10901
FIRSTMISS GOLD INC COM 33761W109 1500 75000 SH DEFINED 0127 75000
FISERV INC COM 337738108 16875 600000 SH DEFINED 011516 600000
FLAT TOP NATL BK COM 338693104 1 84 SH DEFINED 0102 84
FLEET FINANCIAL GRP COM 338915101 25988 700000 SH DEFINED 0113 700000
FLEET FINANCIAL GRP COM 338915101 19491 525000 SH DEFINED 0131 525000
FLEET FINANCIAL GRP COM 338915101 1029 27728 SH DEFINED 0103 27728
FLEETWOOD ENTERPRISE COM 339099103 56 2852 SH DEFINED 0103 2852
FLEMING CO COM 339130106 61 2317 SH DEFINED 0103 2317
FLORIDA PROGRESS COM 341109106 1406 45000 SH DEFINED 01 45000
FLUOR CORP COM 343861100 9100 175000 SH DEFINED 0108 175000
FLUOR CORP COM 343861100 28600 550000 SH DEFINED 0126 550000
FLUOR CORP COM 343861100 13000 250000 SH DEFINED 0111 250000
FLUOR CORP COM 343861100 2179 41900 SH DEFINED 0125 41900
FLUOR CORP COM 343861100 2600 50000 SH DEFINED 011622 50000
FLUOR CORP COM 343861100 5200 100000 SH DEFINED 011623 100000
FLUOR CORP COM 343861100 5720 110000 SH DEFINED 011614 110000
FLUOR CORP COM 343861100 1715 32983 SH DEFINED 0102 32983
FLUOR CORP COM 343861100 4103 78900 SH DEFINED 0131 78900
FLUOR CORP COM 343861100 1323 25425 SH DEFINED 0103 4300 21125
FLUOR CORP COM 343861100 16 300 SH DEFINED 01 300
FOAMEX COM 344123104 2742 375000 SH DEFINED 0135 375000
FOOD LION INC CL A COM 344775200 14688 2500000 SH DEFINED 011516 2500000
FOODMAKER INC WARRANT 344839113 116 7000 SH DEFINED 0109 7000
<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
FORD HOLDINGS FRAP I PREFERRED STOCK 345277750 2050 20000 SH DEFINED 01 20000
FORD HOLDINGS FRAP I PREFERRED STOCK 345277750 2665 26000 SH DEFINED 01 26000
FORD MOTOR COM 345370100 26775 900000 SH DEFINED 0113 900000
FORD MOTOR COM 345370100 2380 80000 SH DEFINED 011622 80000
FORD MOTOR COM 345370100 5355 180000 SH DEFINED 011623 180000
FORD MOTOR COM 345370100 17576 590730 SH DEFINED 0102 222500 368230
FORD MOTOR COM 345370100 20825 700000 SH DEFINED 0131 700000
FORD MOTOR COM 345370100 3064 102947 SH DEFINED 0103 13500 89447
FORD MOTOR COM 345370100 5727 192500 SH DEFINED 01 192500
FORD MOTOR CO $50 CONV PFD STOCK 345370209 5099 52500 SH DEFINED 0102 52500
FOREST LABS COM 345838106 28844 650000 SH DEFINED 0126 650000
FOREST LABS COM 345838106 1966 44300 SH DEFINED 011622 44300
FOREST LABS COM 345838106 4380 98700 SH DEFINED 011623 98700
FOREST LABS COM 345838106 1243 28000 SH DEFINED 011619 28000
FOREST LABS COM 345838106 1464 33000 SH DEFINED 011620 33000
FOREST LABS COM 345838106 11094 250000 SH DEFINED 011614 250000
FOREST LABS COM 345838106 12007 270583 SH DEFINED 0102 270583
FOREST LABS COM 345838106 368 8300 SH DEFINED 0103 8300
FORT HOWARD COM 347461105 7063 500000 SH DEFINED 0124 500000
FOSTER WHEELER COM 350244109 78 2217 SH DEFINED 0103 2217
FOUNDATION HEALTH CO COM 350401105 9129 338100 SH DEFINED 0106 338100
FOUNDATION HEALTH CO COM 350401105 8100 300000 SH DEFINED 011516 300000
FOUNDATION HEALTH CO COM 350401105 3698 136979 SH DEFINED 01 136979
FRAMLINGTON MAGHREB COM 351689997 2127 47400 SH DEFINED 0112 47400
FRAMLINGTON MAGHREB COM 351689997 2244 50000 SH DEFINED 011617 50000
FRANKLIN CUSTODY FD COM 353496607 0 30 SH DEFINED 01 30
FREDS INC COM 356108100 2850 285000 SH DEFINED 0128 285000
FREE ST CON GLD MINE COM 356142208 619 50000 SH DEFINED 0127 50000
FREEPORT MCMORAN COP COM 35671D105 8482 411250 SH DEFINED 0130 411250
FREEPORT MCMORAN COP COM 35671D105 1124 54500 SH DEFINED 0106 54500
FREEPORT MCMORAN COP COM 35671D105 129 6250 SH DEFINED 0124 6250
FREEPORT MCMORAN COP COM 35671D105 4641 225000 SH DEFINED 0127 225000
FREEPORT MCMORAN COP COM 35671D105 1413 68500 SH DEFINED 01 68500
FREEPORT MCMORAN INC COM 356714105 10575 600000 SH DEFINED 0124 600000
FREEPORT MCMORAN INC COM 356714105 12338 700000 SH DEFINED 011618 700000
FRIEDMANS INC -CL A COM 358438109 1330 70000 SH DEFINED 011619 70000
FRITZ COM 358846103 5869 100000 SH DEFINED 0135 100000
FRITZ COM 358846103 630 10731 SH DEFINED 0102 10731
FRUIT OF THE LOOM A COM 359416104 93 4380 SH DEFINED 0103 4380
FULCRUM COM 359613106 5500 250000 SH DEFINED 011516 250000
GATX CORP COM 361448103 18850 400000 SH DEFINED 0113 400000
GND HLDGS $100 SER A PREFERRED STOCK 361910XV9 0 46550 SH DEFINED 0109 46550
GNI GROUP COM 362022105 3206 427500 SH DEFINED 0135 427500
GT CHILE GROWTH EURO COM 362300998 3900 100000 SH DEFINED 0135 100000
GTE CORP COM 362320103 3413 100000 SH DEFINED 0132 100000
GTE CORP COM 362320103 7 200 SH DEFINED 0102 200
GTE CORP COM 362320103 2033 59587 SH DEFINED 0103 59587
GTI CORP COM 362360109 8181 425000 SH DEFINED 0106 425000
GABLE RESIDENTIAL COM 362418105 3690 180000 SH DEFINED 0107 180000
GANNETT CO INC COM 364730101 28481 525000 SH DEFINED 0113 525000
<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
GANNETT CO INC COM 364730101 11935 220000 SH DEFINED 0107 220000
GANNETT CO INC COM 364730101 20344 375000 SH DEFINED 0131 375000
GANNETT CO INC COM 364730101 1228 22622 SH DEFINED 0103 22622
GAP INC., THE COM 364760108 26156 750000 SH DEFINED 0130 750000
GAP INC., THE COM 364760108 9068 260000 SH DEFINED 0108 260000
GAP INC., THE COM 364760108 20925 600000 SH DEFINED 0124 600000
GAP INC., THE COM 364760108 11683 335000 SH DEFINED 011516 335000
GAP INC., THE COM 364760108 1395 40000 SH DEFINED 011619 40000
GAP INC., THE COM 364760108 1569 45000 SH DEFINED 011620 45000
GAP INC., THE COM 364760108 5754 165000 SH DEFINED 011614 165000
GAP INC., THE COM 364760108 8836 253450 SH DEFINED 0102 42100 211350
GAP INC., THE COM 364760108 404 11586 SH DEFINED 0103 2600 8986
GAP INC., THE COM 364760108 4534 130000 SH DEFINED 01 130000
GART GROUP COM 366651107 8173 281800 SH DEFINED 0102 281800
GART GROUP COM 366651107 215 7400 SH DEFINED 0103 7400
GASONICS INT'L CORP COM 367278108 7125 250000 SH DEFINED 0106 250000
GASONICS INT'L CORP COM 367278108 1283 45000 SH DEFINED 011619 45000
GASONICS INT'L CORP COM 367278108 4275 150000 SH DEFINED 011614 150000
GATEWAY 2000 COM 367833100 1024 45000 SH DEFINED 011619 45000
GATEWAY 2000 COM 367833100 5233 230000 SH DEFINED 011614 230000
GAYLORD ENTERTAINMEN COM 367901105 7954 315000 SH DEFINED 011516 315000
GAYLORD ENTERTAINMEN COM 367901105 412 16332 SH DEFINED 0102 16332
GAYLORD ENTERTAINMEN COM 367901105 4287 169800 SH DEFINED 0131 169800
GAYLORD ENTERTAINMEN COM 367901105 240 9500 SH DEFINED 0103 9500
GAYLORD CONTAIN WTS WARRANT 368145116 10375 1000000 SH DEFINED 0109 1000000
GENENTECH COM COM 368710208 19450 400000 SH DEFINED 011516 400000
GENENTECH COM COM 368710208 9725 200000 SH DEFINED 011618 200000
GENENTECH COM COM 368710208 5835 120000 SH DEFINED 011614 120000
GENENTECH COM COM 368710208 32548 669440 SH DEFINED 0102 59900 609540
GENENTECH COM COM 368710208 4357 89600 SH DEFINED 0131 89600
GENENTECH COM COM 368710208 1186 24400 SH DEFINED 0103 24400
GENERAL ACCEPTANCE COM 368749107 1090 40000 SH DEFINED 011619 40000
GENERAL CABLE PLC COM 36930Q101 13908 935000 SH DEFINED 0130 935000
GENERAL CABLE PLC COM 36930Q101 13908 935000 SH DEFINED 0124 935000
GENERAL DYNAMICS COM 369550108 2152 48500 SH DEFINED 0125 48500
GENERAL DYNAMICS COM 369550108 759 17100 SH DEFINED 0102 17100
GENERAL DYNAMICS COM 369550108 994 22402 SH DEFINED 0103 22402
GENERAL DYNAMICS COM 369550108 13 300 SH DEFINED 01 300
GENERAL ELECTRIC COM 369604103 29597 525000 SH DEFINED 0130 525000
GENERAL ELECTRIC COM 369604103 112750 2000000 SH DEFINED 0126 2000000
GENERAL ELECTRIC COM 369604103 29597 525000 SH DEFINED 0113 525000
GENERAL ELECTRIC COM 369604103 39463 700000 SH DEFINED 0124 700000
GENERAL ELECTRIC COM 369604103 10102 179200 SH DEFINED 0125 179200
GENERAL ELECTRIC COM 369604103 16913 300000 SH DEFINED 0107 300000
GENERAL ELECTRIC COM 369604103 40872 725000 SH DEFINED 011516 725000
GENERAL ELECTRIC COM 369604103 62013 1100000 SH DEFINED 011618 1100000
GENERAL ELECTRIC COM 369604103 230782 4093560 SH DEFINED 0102 1417300 2676260
GENERAL ELECTRIC COM 369604103 18886 335000 SH DEFINED 0131 335000
GENERAL ELECTRIC COM 369604103 12936 229446 SH DEFINED 0103 42050 187396
GENERAL ELECTRIC COM 369604103 37092 657955 SH DEFINED 01 657955
<PAGE> PAGE 30
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GENERAL GROWTH COM 370021107 10188 500000 SH DEFINED 0113 500000
GENERAL GROWTH COM 370021107 676 33200 SH DEFINED 0102 33200
GENERAL INSTRUMENT C COM 370121105 23025 600000 SH DEFINED 0130 600000
GENERAL INSTRUMENT C COM 370121105 8634 225000 SH DEFINED 0108 225000
GENERAL INSTRUMENT C COM 370121105 17269 450000 SH DEFINED 0126 450000
GENERAL INSTRUMENT C COM 370121105 9594 250000 SH DEFINED 011618 250000
GENERAL INSTRUMENT C COM 370121105 307 8000 SH DEFINED 011620 8000
GENERAL INSTRUMENT C COM 370121105 6332 165000 SH DEFINED 011614 165000
GENERAL INSTRUMENT C COM 370121105 6567 171120 SH DEFINED 0102 66550 104570
GENERAL INSTRUMENT C COM 370121105 9003 234600 SH DEFINED 0131 234600
GENERAL INSTRUMENT C COM 370121105 602 15700 SH DEFINED 0103 15700
GENERAL INSTRUMENT C COM 370121105 8059 210000 SH DEFINED 01 210000
GENERAL MILLS COM 370334104 20550 400000 SH DEFINED 011516 400000
GENERAL MILLS COM 370334104 502 9775 SH DEFINED 0103 9775
GENERAL MILLS COM 370334104 771 15000 SH DEFINED 01 15000
GENERAL MOTORS COM 370442105 28125 600000 SH DEFINED 0113 600000
GENERAL MOTORS COM 370442105 55038 1173975 SH DEFINED 0102 432075 741900
GENERAL MOTORS COM 370442105 19922 425000 SH DEFINED 0131 425000
GENERAL MOTORS COM 370442105 3404 72576 SH DEFINED 0103 10400 62176
GENERAL MOTORS COM 370442105 5508 117500 SH DEFINED 01 117500
GENERAL MOTORS CL E COM 370442402 8700 200000 SH DEFINED 0130 200000
GENERAL MOTORS CL E COM 370442402 10875 250000 SH DEFINED 0124 250000
GENERAL MOTORS CL H COM 370442501 12344 312500 SH DEFINED 0130 312500
GENERAL MOTORS CL H COM 370442501 12344 312500 SH DEFINED 0124 312500
GENERAL MTRS DEP SHR CONV PFD STOCK 370442873 18900 300000 SH DEFINED 0130 300000
GEN PUB UTILITIES COM 370550105 212 7139 SH DEFINED 0103 7139
GENERAL RE CORP COM 370563108 30791 230000 SH DEFINED 0126 230000
GENERAL RE CORP COM 370563108 469 3500 SH DEFINED 0125 3500
GENERAL RE CORP COM 370563108 16065 120000 SH DEFINED 011618 120000
GENERAL RE CORP COM 370563108 22774 170150 SH DEFINED 0102 35650 134500
GENERAL RE CORP COM 370563108 1033 7725 SH DEFINED 0103 1350 6375
GENERAL SIGNAL COM 370838104 27825 700000 SH DEFINED 0130 700000
GENERAL SIGNAL COM 370838104 14231 358000 SH DEFINED 0113 358000
GENERAL SIGNAL COM 370838104 2520 63400 SH DEFINED 0125 63400
GENERAL SIGNAL COM 370838104 12124 305000 SH DEFINED 0107 305000
GENERAL SIGNAL COM 370838104 27825 700000 SH DEFINED 011516 700000
GENERAL SIGNAL COM 370838104 1431 36000 SH DEFINED 011620 36000
GENERAL SIGNAL COM 370838104 11377 286200 SH DEFINED 0102 286200
GENERAL SIGNAL COM 370838104 23866 600400 SH DEFINED 0131 600400
GENERAL SIGNAL COM 370838104 2123 53420 SH DEFINED 0103 11700 41720
GENERAL SIGNAL COM 370838104 19496 490460 SH DEFINED 01 490460
GTE $50 PFD PREFERRED STOCK 371028911 6372 124087 SH DEFINED 0105 124087
GTE CORP $50 PFD PREFERRED STOCK 371028945 6737 131556 SH DEFINED 0105 131556
GENTEX CORP COM 371901109 3950 200000 SH DEFINED 0111 200000
GENTEX CORP COM 371901109 120 6000 SH DEFINED 0102 6000
GENUINE PARTS COM 372460105 18938 500000 SH DEFINED 0130 500000
GENUINE PARTS COM 372460105 23672 625000 SH DEFINED 0113 625000
GENUINE PARTS COM 372460105 10794 285000 SH DEFINED 0107 285000
GENUINE PARTS COM 372460105 1246 32900 SH DEFINED 0102 32900
GENUINE PARTS COM 372460105 18938 500000 SH DEFINED 0131 500000
<PAGE> PAGE 31
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GENUINE PARTS COM 372460105 985 25995 SH DEFINED 0103 25995
GENUINE PARTS COM 372460105 5487 144875 SH DEFINED 01 144875
GEORGIA PACIFIC COM 373298108 26025 300000 SH DEFINED 0124 300000
GEORGIA PACIFIC COM 373298108 486 5603 SH DEFINED 0103 5603
GEOTEK COMMUNICATION COM 373654102 2588 300000 SH DEFINED 0135 300000
GIANT FOOD CL A COM 374478105 104 3656 SH DEFINED 0103 3656
GIDDINGS & LEWIS WIS COM 375048105 26634 1490000 SH DEFINED 0130 1490000
GIDDINGS & LEWIS WIS COM 375048105 7150 400000 SH DEFINED 0108 400000
GIDDINGS & LEWIS WIS COM 375048105 1966 110000 SH DEFINED 0128 110000
GIDDINGS & LEWIS WIS COM 375048105 17875 1000000 SH DEFINED 011516 1000000
GIDDINGS & LEWIS WIS COM 375048105 38 2124 SH DEFINED 0103 2124
GILEAD SCIENCES COM 375558103 1322 75000 SH DEFINED 011619 75000
GILLETTE CO COM 375766102 26775 600000 SH DEFINED 0130 600000
GILLETTE CO COM 375766102 89250 2000000 SH DEFINED 0126 2000000
GILLETTE CO COM 375766102 26775 600000 SH DEFINED 0111 600000
GILLETTE CO COM 375766102 4463 100000 SH DEFINED 011622 100000
GILLETTE CO COM 375766102 10085 226000 SH DEFINED 011623 226000
GILLETTE CO COM 375766102 24990 560000 SH DEFINED 011618 560000
GILLETTE CO COM 375766102 41461 928978 SH DEFINED 0102 402600 526378
GILLETTE CO COM 375766102 1737 38934 SH DEFINED 0103 11500 27434
GLAXO WELLCOME PLC COM 37733W105 24375 1000000 SH DEFINED 0130 1000000
GLENDALE FED SAV BK- WARRANT 378507131 449 99700 SH DEFINED 0102 99700
GLENDALE FED BK FSB/ COM 378507503 2934 234700 SH DEFINED 0102 234700
GLOBAL PRIVATIZATION COM 378914105 784 60900 SH DEFINED 0102 60900
GOLDEN WEST FIN COM 381317106 1098 23300 SH DEFINED 0102 23300
GOLDEN WEST FIN COM 381317106 177 3746 SH DEFINED 0103 3746
GOODRICH B.F. COM 382388106 86 1598 SH DEFINED 0103 1598
GOODYEAR COM 382550101 28875 700000 SH DEFINED 0130 700000
GOODYEAR COM 382550101 11344 275000 SH DEFINED 0108 275000
GOODYEAR COM 382550101 103 2500 SH DEFINED 0125 2500
GOODYEAR COM 382550101 20625 500000 SH DEFINED 011516 500000
GOODYEAR COM 382550101 8250 200000 SH DEFINED 011618 200000
GOODYEAR COM 382550101 536 13000 SH DEFINED 011620 13000
GOODYEAR COM 382550101 15392 373155 SH DEFINED 0102 148000 225155
GOODYEAR COM 382550101 896 21728 SH DEFINED 0103 11450 10278
W R GRACE COM 383883105 357 5824 SH DEFINED 0103 5824
GRAINGER (W.W.) COM 384802104 185 3143 SH DEFINED 0103 3143
GRAND MET PLC -ADR COM 386090302 23297 931873 SH DEFINED 0103 917592 14281
GRAND MET PLC 144A CONV BOND 386098AA5 16350 15000000 PRN DEFINED 0130 15000000
GRAND MET PLC 144A CONV BOND 386098AA5 21800 20000000 PRN DEFINED 0113 20000000
GREAT A. & P. TEA COM 390064103 62 2367 SH DEFINED 0103 2367
GREAT BAY POWER CORP COM 390139103 633 75552 SH DEFINED 0104 75552
GREAT BAY POWER CORP COM 390139103 633 75552 SH DEFINED 0109 75552
GREAT BAY POWER CORP COM 390139103 253 30222 SH DEFINED 011621 30222
GREAT LAKES CHEM CO COM 390568103 255 4228 SH DEFINED 0103 4228
GREAT WESTERN FIN CP COM 391442100 171 8287 SH DEFINED 0103 8287
GREEN TREE FINL CORP COM 393505102 1464 33000 SH DEFINED 011619 33000
GREEN TREE FINL CORP COM 393505102 6656 150000 SH DEFINED 011614 150000
GREENFIELDS COM 395058100 5075 175000 SH DEFINED 0106 175000
GREENFIELDS COM 395058100 11600 400000 SH DEFINED 011516 400000
<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
GREENFIELDS COM 395058100 1740 60000 SH DEFINED 011619 60000
GREENFIELDS COM 395058100 1247 43000 SH DEFINED 011620 43000
GP FINANCIAL CORP COM 395384100 12 500 SH DEFINED 0102 500
GP FINANCIAL CORP COM 395384100 3704 156800 SH DEFINED 0131 156800
GP FINANCIAL CORP COM 395384100 208 8800 SH DEFINED 0103 8800
GRIFFON CORP COM 398433102 4000 500000 SH DEFINED 0128 500000
GRIFFON CORP COM 398433102 20 2500 SH DEFINED 0102 2500
GROWTH FD SPAIN COM 399877109 58 5800 SH DEFINED 0102 5800
G-MEXICANA DE L COM 40048G203 2700 600000 SH DEFINED 0135 600000
G-CASA AUTREY COM 40048P104 13388 900000 SH DEFINED 011516 900000
GRUPO CARSO ADR COM 400485108 3010 275000 SH DEFINED 0130 275000
GRUPO CARSO ADR COM 400485108 5472 500000 SH DEFINED 0135 500000
G-TRIBASA COM 40049F105 3166 372489 SH DEFINED 01 372489
G-TELEVISA COM 40049J206 6113 300000 SH DEFINED 0124 300000
G-TELEVISA COM 40049J206 10188 500000 SH DEFINED 011516 500000
G-SIMEC COM 400491106 3950 400000 SH DEFINED 0135 400000
GRYPHON HOLDINGS INC COM 400515102 237 14600 SH DEFINED 0102 14600
GUANGZHOU INVEST CO COM 400655999 70 393980 SH DEFINED 01 393980
GUEST SUPPLY COM 401630108 1430 55000 SH DEFINED 011619 55000
GUIDANT CORP COM 401698105 7200 300000 SH DEFINED 011516 300000
GULF SOUTH MEDICAL COM 40252G105 12000 500000 SH DEFINED 011516 500000
GYMBOREE COM 403777105 8719 300000 SH DEFINED 0106 300000
GYMBOREE COM 403777105 389 13400 SH DEFINED 011619 13400
GYMBOREE COM 403777105 1790 61600 SH DEFINED 011614 61600
GYMBOREE COM 403777105 3745 128865 SH DEFINED 01 128865
HBO COMPANY COM 404100109 21800 400000 SH DEFINED 0126 400000
HBO COMPANY COM 404100109 2180 40000 SH DEFINED 011619 40000
HBO COMPANY COM 404100109 28994 532000 SH DEFINED 011614 532000
HBO COMPANY COM 404100109 57697 1058672 SH DEFINED 0102 1058672
HBO COMPANY COM 404100109 13129 240900 SH DEFINED 0131 240900
HBO COMPANY COM 404100109 3210 58900 SH DEFINED 0103 58900
HCC INSURANCE COM 404132102 17160 660000 SH DEFINED 011516 660000
HNC SOFTWARE COM 40425P107 6375 300000 SH DEFINED 011516 300000
ALEX HAAGAN COM 40443E100 6153 535000 SH DEFINED 0113 535000
ALEX HAAGAN COM 40443E100 2300 200000 SH DEFINED 0132 200000
HALLIBURTON COM 406216101 253 7068 SH DEFINED 0103 7068
HANDLEMAN COMPANY COM 410252100 20 2077 SH DEFINED 0103 2077
HANNA MA CO. COM 410522106 9750 375000 SH DEFINED 0108 375000
HANSON PLC ADR COM 411352305 23794 1350000 SH DEFINED 0130 1350000
HANSON PLC ADR COM 411352305 26438 1500000 SH DEFINED 0113 1500000
HANSON PLC ADR COM 411352305 4406 250000 SH DEFINED 0124 250000
HANSON PLC ADR COM 411352305 13043 740000 SH DEFINED 0107 740000
HANSON PLC ADR COM 411352305 19388 1100000 SH DEFINED 0131 1100000
HANSON PLC ADR COM 411352305 714 40500 SH DEFINED 0103 40500
HANSON PLC ADR COM 411352305 7702 437000 SH DEFINED 01 437000
HARCOURT GENERAL CRP COM 41163G101 11619 275000 SH DEFINED 0108 275000
HARCOURT GENERAL CRP COM 41163G101 182 4300 SH DEFINED 0125 4300
HARCOURT GENERAL CRP COM 41163G101 21 500 SH DEFINED 0102 500
HARCOURT GENERAL CRP COM 41163G101 276 6528 SH DEFINED 0103 6528
HARLAND JOHN H COM 412693103 43 1885 SH DEFINED 0103 1885
<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
HARMAN INTERNATIONAL COM 413086109 14175 350000 SH DEFINED 0111 350000
HARMAN INTERNATIONAL COM 413086109 2527 62400 SH DEFINED 011622 62400
HARMAN INTERNATIONAL COM 413086109 5601 138300 SH DEFINED 011623 138300
HARMAN INTERNATIONAL COM 413086109 147 3600 SH DEFINED 0102 3600
HARMONIC LIGHTWAVES COM 413160102 335 20000 SH DEFINED 011619 20000
HARNISCHFEGER IND COM 413345109 99 2847 SH DEFINED 0103 2847
HARRIS CORP COM 413875105 125 2423 SH DEFINED 0103 2423
HARRIS COMPUTER SYS COM 413947102 0 15 SH DEFINED 0102 15
HARTMARX CORP COM 417119104 1200 240078 SH DEFINED 0103 240078
HASBRO INC COM 418056107 4763 150000 SH DEFINED 0128 150000
HASBRO INC COM 418056107 1819 57300 SH DEFINED 0125 57300
HASBRO INC COM 418056107 35566 1120165 SH DEFINED 0102 530850 589315
HASBRO INC COM 418056107 1279 40327 SH DEFINED 0103 13000 27327
HASBRO INC COM 418056107 1902 59880 SH DEFINED 01 59880
HAT BRANDS WTS8/2002 WARRANT 4187309X7 994 90345 SH DEFINED 0109 90345
HAWAII ELEC $100 PREFERRED STOCK 419990197 2132 20000 SH DEFINED 0105 20000
MAUI ELEC $100 PREFERRED STOCK 419990205 2665 25000 SH DEFINED 0105 25000
HAYES WHEELS COM 420804106 7676 361200 SH DEFINED 0124 361200
HEALTH CARE PROP INV COM 421915109 4800 150000 SH DEFINED 011618 150000
HEALTHSOUTH CORP COM 421924101 27800 1600000 SH DEFINED 0111 1600000
HEALTHSOUTH CORP COM 421924101 4250 244600 SH DEFINED 011622 244600
HEALTHSOUTH CORP COM 421924101 9337 537400 SH DEFINED 011623 537400
HEALTHSOUTH CORP COM 421924101 18394 1058700 SH DEFINED 0102 1058700
HEALTHSOUTH CORP COM 421924101 3956 227700 SH DEFINED 0131 227700
HEALTHSOUTH CORP COM 421924101 801 46100 SH DEFINED 0103 46100
HEALTHCARE COMPARE COM 421928102 6000 200000 SH DEFINED 0111 200000
HEALTHCARE COMPARE COM 421928102 1500 50000 SH DEFINED 011622 50000
HEALTHCARE COMPARE COM 421928102 3000 100000 SH DEFINED 011623 100000
HEALTH MGMT ASSOC COM 421933102 5075 173500 SH DEFINED 0126 173500
HEALTH MGMT ASSOC COM 421933102 9975 340975 SH DEFINED 0102 340975
HEALTH MGMT ASSOC COM 421933102 282 9650 SH DEFINED 0103 9650
HEALTH MGMT INC COM 42219B104 6988 650000 SH DEFINED 011516 650000
HEALTH MGMT SYSTEMS COM 42219M100 8775 300000 SH DEFINED 011516 300000
HEALTHDYNE INC COM 422203109 468 110000 SH DEFINED 011619 110000
HEALTHDYNE TECHNOLOG COM 422206102 734 71578 SH DEFINED 011619 71578
HEALTHSOURCE INC COM 42221E104 11186 319500 SH DEFINED 0102 319500
HEALTHSOURCE INC COM 42221E104 3822 109200 SH DEFINED 0131 109200
HEALTHSOURCE INC COM 42221E104 578 16500 SH DEFINED 0103 16500
HEART TECHNOLOGY COM 42233W100 1550 80000 SH DEFINED 011619 80000
HEART TECHNOLOGY COM 42233W100 6297 325000 SH DEFINED 011614 325000
HEILIG MEYERS CO COM 422893107 10 400 SH DEFINED 0102 400
HEILIG MEYERS CO COM 422893107 181 7100 SH DEFINED 0103 7100
HEINZ H.J. COM 423074103 22 500 SH DEFINED 0102 500
HEINZ H.J. COM 423074103 669 15082 SH DEFINED 0103 15082
HELMERICH & PAYNE COM 423452101 45 1531 SH DEFINED 0103 1531
HEM EN 144A WTS COM 42368R116 54 36000 SH DEFINED 0109 36000
HERCULES INC COM 427056106 355 7278 SH DEFINED 0103 7278
HERITAGE MEDIA CORP COM 427241203 1299 45000 SH DEFINED 011619 45000
HERSHEY FOODS COM 427866108 86280 1561635 SH DEFINED 0103 1556263 5372
HEWLETT PACKARD COM 428236103 11920 160000 SH DEFINED 0108 160000
<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
HEWLETT PACKARD COM 428236103 86420 1160000 SH DEFINED 0126 1160000
HEWLETT PACKARD COM 428236103 1766 23700 SH DEFINED 0125 23700
HEWLETT PACKARD COM 428236103 3770 50600 SH DEFINED 011622 50600
HEWLETT PACKARD COM 428236103 8374 112400 SH DEFINED 011623 112400
HEWLETT PACKARD COM 428236103 26820 360000 SH DEFINED 011516 360000
HEWLETT PACKARD COM 428236103 25330 340000 SH DEFINED 011618 340000
HEWLETT PACKARD COM 428236103 2697 36200 SH DEFINED 0102 36200
HEWLETT PACKARD COM 428236103 3096 41556 SH DEFINED 0103 41556
HIGHWOOD PROPERTY COM 431284108 5228 205000 SH DEFINED 0107 205000
HILTON HOTELS COM 432848109 21452 305363 SH DEFINED 0102 69360 236003
HILTON HOTELS COM 432848109 469 6677 SH DEFINED 0103 3700 2977
HILTON HOTELS COM 432848109 5480 78000 SH DEFINED 01 78000
HOME DEPOT INC COM 437076102 24375 600000 SH DEFINED 0130 600000
HOME DEPOT INC COM 437076102 8125 200000 SH DEFINED 0108 200000
HOME DEPOT INC COM 437076102 44688 1100000 SH DEFINED 0126 1100000
HOME DEPOT INC COM 437076102 24375 600000 SH DEFINED 0111 600000
HOME DEPOT INC COM 437076102 40625 1000000 SH DEFINED 0124 1000000
HOME DEPOT INC COM 437076102 3640 89600 SH DEFINED 0125 89600
HOME DEPOT INC COM 437076102 6390 157300 SH DEFINED 011622 157300
HOME DEPOT INC COM 437076102 14158 348500 SH DEFINED 011623 348500
HOME DEPOT INC COM 437076102 17063 420000 SH DEFINED 011618 420000
HOME DEPOT INC COM 437076102 406 10000 SH DEFINED 011620 10000
HOME DEPOT INC COM 437076102 134762 3317126 SH DEFINED 0102 1128701 2188425
HOME DEPOT INC COM 437076102 3747 92258 SH DEFINED 0103 30000 62258
HOME DEPOT INC COM 437076102 14168 348741 SH DEFINED 01 348741
HOME PROPERTIES COM 437306103 3701 210000 SH DEFINED 0132 210000
HOME PROPERTIES COM 437306103 2820 160000 SH DEFINED 0107 160000
HOME PROPERTIES COM 437306103 319 18100 SH DEFINED 0102 18100
HOMESTAKE MINING COM 437614100 141 8534 SH DEFINED 0103 8534
HOMESTEAD SAVINGS PREFERRED STOCK 437843204 0 42500 SH DEFINED 0109 42500
HONEYWELL COM 438506107 345 7999 SH DEFINED 0103 7999
HONEYWELL COM 438506107 1509 35000 SH DEFINED 01 35000
HONG KONG LAND HLDGS COM 438581209 225 24780 SH DEFINED 01 24780
HORACE MANN EDUCATOR COM 440327104 12420 540000 SH DEFINED 011516 540000
HORIZON HEALTHCARE C COM 44042H100 16534 925000 SH DEFINED 0106 925000
HORIZON HEALTHCARE C COM 44042H100 2810 157200 SH DEFINED 01 157200
HORIZON OUTLET COM 44043K102 212 9100 SH DEFINED 0102 9100
HORMEL COM 440452100 6793 260000 SH DEFINED 0128 260000
HORSHAM CORP -SUB V COM 440907103 3364 249200 SH DEFINED 0102 249200
HOSP FRANCHISE SYS CONV BOND 440912AB9 1510 1300000 PRN DEFINED 011614 1300000
HOSPITALITY FRANCHIS COM 440912103 31163 900000 SH DEFINED 0126 900000
HOSPITALITY FRANCHIS COM 440912103 1731 50000 SH DEFINED 011619 50000
HOSPITALITY FRANCHIS COM 440912103 8656 250000 SH DEFINED 011614 250000
HOSPITALITY FRANCHIS COM 440912103 17754 512685 SH DEFINED 0102 512685
HOSPITALITY FRANCHIS COM 440912103 7212 208300 SH DEFINED 0131 208300
HOSPITALITY FRANCHIS COM 440912103 818 23600 SH DEFINED 0103 23600
HOSIERY CORP "A"144A COM 441016102 15 10000 SH DEFINED 0109 10000
HOUSEHOLD INTL COM 441815107 29700 600000 SH DEFINED 0126 600000
HOUSEHOLD INTL COM 441815107 41462 837640 SH DEFINED 0102 315500 522140
HOUSEHOLD INTL COM 441815107 4836 97700 SH DEFINED 0131 97700
<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
HOUSEHOLD INTL COM 441815107 729 14732 SH DEFINED 0103 7400 7332
HOUSTON INDUSTRIES COM 442161105 6319 150000 SH DEFINED 0132 150000
HOUSTON INDUSTRIES COM 442161105 343 8132 SH DEFINED 0103 8132
HUANENG POWER INT'L COM 443304100 18375 1000000 SH DEFINED 0124 1000000
HUMANA COM 444859102 11897 675000 SH DEFINED 011618 675000
HUMANA COM 444859102 12 700 SH DEFINED 0102 700
HUMANA COM 444859102 3204 181800 SH DEFINED 0131 181800
HUMANA COM 444859102 174 9900 SH DEFINED 0103 9900
HUMMINGBIRD COMMUNIC COM 44544R101 8415 287700 SH DEFINED 011516 287700
HUNT MFG COM 445636103 509 33400 SH DEFINED 0102 33400
HUTCHNSN WHAMPO ADR COM 448415208 527 21815 SH DEFINED 01 21815
IBP INC COM 449223106 21750 500000 SH DEFINED 0126 500000
IDS CA TAX EXEMPT COM 449428101 1 195 SH DEFINED 01 195
EQUITY SELECT FD INC COM 44943G102 1 120 SH DEFINED 01 120
IDS PRECIOUS METALS COM 449455104 1 122 SH DEFINED 01 122
IDS INS TAX EXEMPT COM 44947T100 1 186 SH DEFINED 01 186
IDS MN TAX EXEMPT COM 44947T308 1 194 SH DEFINED 01 194
IDS NY TAX EXEMPT COM 44947T407 1 197 SH DEFINED 01 197
IDS MASS TAX-EXEMPT COM 44947T506 1 191 SH DEFINED 01 191
IDS MICH TAX-EXEMPT COM 44947T605 1 187 SH DEFINED 01 187
IDS OHIO TAX-EXEMPT COM 44947T704 1 190 SH DEFINED 01 190
IES INDUSTRIES INC COM 44949M103 4450 200000 SH DEFINED 0132 200000
IES INDUSTRIES INC COM 44949M103 7754 348513 SH DEFINED 0103 348513
IDSTC INCOME FUND II COM 449496108 180965 12056212 SH DEFINED 0103 6679056 5377156
IDSTC INCOME FUND II COM 449496108 2 113 SH DEFINED 01 113
IMC GLOBAL INC COM 449669100 8119 150000 SH DEFINED 0124 150000
IMC GLOBAL INC COM 449669100 1624 30000 SH DEFINED 011619 30000
IMC GLOBAL INC COM 449669100 7578 140000 SH DEFINED 011614 140000
ISRA COM 450047204 6103 262500 SH DEFINED 0135 262500
ITTI TECH COM 450564109 1591 67000 SH DEFINED 011619 67000
ITTI TECH COM 450564109 6175 260000 SH DEFINED 011614 260000
ITT CORP COM 450679105 777 6609 SH DEFINED 0103 6609
IFINT DVSD HLDGS COM 45099C100 1697 42418 SH DEFINED 0109 42418
IDEXX LABS INC COM 45168D104 5200 200000 SH DEFINED 011619 200000
IDEXX LABS INC COM 45168D104 22100 850000 SH DEFINED 011614 850000
IDEXX LABS INC COM 45168D104 34057 1309900 SH DEFINED 0102 1309900
IDEXX LABS INC COM 45168D104 12537 482200 SH DEFINED 0131 482200
IDEXX LABS INC COM 45168D104 1581 60800 SH DEFINED 0103 60800
ILLINOIS PWR SER B PREFERRED STOCK 452092836 2180 45650 SH DEFINED 0116 45650
ILLINOIS PWR SER B PREFERRED STOCK 452092836 2149 45000 SH DEFINED 0116 45000
IL PWR SER A PREFERRED STOCK 452092851 2321 55250 SH DEFINED 01 55250
ILLINOIS TOOL WORKS COM 452308109 33000 600000 SH DEFINED 0130 600000
ILLINOIS TOOL WORKS COM 452308109 13750 250000 SH DEFINED 0108 250000
ILLINOIS TOOL WORKS COM 452308109 16500 300000 SH DEFINED 011516 300000
ILLINOIS TOOL WORKS COM 452308109 13750 250000 SH DEFINED 011618 250000
ILLINOIS TOOL WORKS COM 452308109 28268 513757 SH DEFINED 0102 137800 375957
ILLINOIS TOOL WORKS COM 452308109 388 7049 SH DEFINED 0103 7049
ILLINOVA CORP COM 452317100 995 39200 SH DEFINED 0102 39200
INACOMP COMP CENTERS COM 45323G109 1159 90000 SH DEFINED 011619 90000
INCO LIMITED COM 453258402 205 7258 SH DEFINED 0103 7258
<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
INCO LIMITED COM 453258402 4693 166123 SH DEFINED 01 166123
INDIA CEMENT ADR 144 COM 45408P107 5560 500000 SH DEFINED 0124 500000
INDIAN HOTEL GDR'S COM 454288101 9682 595800 SH DEFINED 0124 595800
NATUZZI COM 456478106 4969 150000 SH DEFINED 0135 150000
INFERENCE CORP COM 45662K109 565 40000 SH DEFINED 011619 40000
INFINITY BROADCASTNG COM 456626100 6675 200000 SH DEFINED 011614 200000
INFINITY BROADCASTNG COM 456626100 23797 713012 SH DEFINED 0102 713012
INFINITY BROADCASTNG COM 456626100 647 19387 SH DEFINED 0103 19387
INFORMIX CORP COM 456779107 7105 280000 SH DEFINED 011614 280000
INFORMIX CORP COM 456779107 10071 396900 SH DEFINED 0102 396900
INFORMIX CORP COM 456779107 239 9400 SH DEFINED 0103 9400
INGERSOLL-RAND CO COM 456866102 250 6534 SH DEFINED 0103 6534
INFORMATION RESOURCE COM 456905108 8550 600000 SH DEFINED 011516 600000
INLAND STEEL IND INC COM 457472108 988 32400 SH DEFINED 0125 32400
INLAND STEEL IND INC COM 457472108 116 3800 SH DEFINED 0102 3800
INLAND STEEL IND INC COM 457472108 462 15155 SH DEFINED 0103 15155
INPUT/OUTPUT INC COM 457652105 6300 175000 SH DEFINED 0106 175000
INPUT/OUTPUT INC COM 457652105 8770 243600 SH DEFINED 0124 243600
INPUT/OUTPUT INC COM 457652105 2340 65000 SH DEFINED 011620 65000
INPUT/OUTPUT INC COM 457652105 11 300 SH DEFINED 0102 300
INPUT/OUTPUT INC COM 457652105 3845 106800 SH DEFINED 0131 106800
INPUT/OUTPUT INC COM 457652105 216 6000 SH DEFINED 0103 6000
INPUT/OUTPUT INC COM 457652105 358 9944 SH DEFINED 01 9944
INSTENT INC COM 45774D100 713 50000 SH DEFINED 011619 50000
INSTENT INC COM 45774D100 214 15000 SH DEFINED 011614 15000
INSURANCE AUTO AUCTS COM 457875102 14625 500000 SH DEFINED 011516 500000
INTEGRATED DEV TECH COM 458118106 1619 35000 SH DEFINED 011619 35000
INTEGRATED DEV TECH COM 458118106 10638 230000 SH DEFINED 011614 230000
INTEGRATED DEV TECH COM 458118106 10943 236600 SH DEFINED 0102 236600
INTEGRATED DEV TECH COM 458118106 3390 73300 SH DEFINED 0131 73300
INTEGRATED DEV TECH COM 458118106 398 8600 SH DEFINED 0103 8600
INTEGRATED PROCESS E COM 45812K108 17759 500000 SH DEFINED 0124 500000
INTEL COM 458140100 10510 166000 SH DEFINED 0108 166000
INTEL COM 458140100 202600 3200000 SH DEFINED 0126 3200000
INTEL COM 458140100 12663 200000 SH DEFINED 0111 200000
INTEL COM 458140100 6331 100000 SH DEFINED 011622 100000
INTEL COM 458140100 13929 220000 SH DEFINED 011623 220000
INTEL COM 458140100 43053 680000 SH DEFINED 011618 680000
INTEL COM 458140100 1203 19000 SH DEFINED 011620 19000
INTEL COM 458140100 12663 200000 SH DEFINED 011614 200000
INTEL COM 458140100 178429 2818328 SH DEFINED 0102 986700 1831628
INTEL COM 458140100 21400 338000 SH DEFINED 0131 338000
INTEL COM 458140100 6763 106836 SH DEFINED 0103 55500 51336
INTEL COM 458140100 17728 280000 SH DEFINED 01 280000
INTER-REGL FINL GRP COM 458351103 1918 65000 SH DEFINED 0128 65000
INTERIM COM 45868P100 8125 325000 SH DEFINED 011516 325000
INTERGRAPH CORP COM 458683109 1224 110000 SH DEFINED 011619 110000
INTERGRAPH CORP COM 458683109 32 2840 SH DEFINED 0103 2840
INTERMAGNETICS GEN CONV BOND 458771AB8 1923 2000000 PRN DEFINED 0107 2000000
INTL BUSINESS MACH COM 459200101 57600 600000 SH DEFINED 0126 600000
<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
INTL BUSINESS MACH COM 459200101 24000 250000 SH DEFINED 0113 250000
INTL BUSINESS MACH COM 459200101 19200 200000 SH DEFINED 011618 200000
INTL BUSINESS MACH COM 459200101 3827 39870 SH DEFINED 0102 39870
INTL BUSINESS MACH COM 459200101 19200 200000 SH DEFINED 0131 200000
INTL BUSINESS MACH COM 459200101 4258 44354 SH DEFINED 0103 44354
INT'L CABLETEL INC CONV BOND 459216AB3 13375 12500000 PRN DEFINED 0130 12500000
INT'L CABLETEL INC CONV BOND 459216AB3 13375 12500000 PRN DEFINED 0124 12500000
INTL DAIRY QUEEN CLA COM 459373205 488 25000 SH DEFINED 0102 25000
INTL FAMILY ENTER COM 45950M106 3100 196800 SH DEFINED 0111 196800
INTL FLAVORS & FRAG COM 459506101 343 6902 SH DEFINED 0103 6902
INTL GAME TECHNOLOGY COM 459902102 12300 800000 SH DEFINED 0124 800000
INTL GAME TECHNOLOGY COM 459902102 14299 930000 SH DEFINED 011516 930000
INTL GAME TECHNOLOGY COM 459902102 269 17518 SH DEFINED 0102 17518
INTERNATIONAL PAPER COM 460146103 51126 596202 SH DEFINED 0102 263400 332802
INTERNATIONAL PAPER COM 460146103 986 11496 SH DEFINED 0103 3750 7746
INTERNATIONAL PAPER COM 460146103 5574 65000 SH DEFINED 01 65000
INTERPUBLIC GROUP COM 460690100 179 4767 SH DEFINED 0103 4767
INTUIT COM 461202103 7600 100000 SH DEFINED 0111 100000
INTUIT COM 461202103 1520 20000 SH DEFINED 011622 20000
INTUIT COM 461202103 3420 45000 SH DEFINED 011623 45000
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 8015 73300 SH DEFINED 0105 73300
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 3827 35000 SH DEFINED 01 35000
IOWA ILLINOIS EL$100 PREFERRED STOCK 462470808 3991 36500 SH DEFINED 0116 36500
IVAX COM 465823102 13544 550000 SH DEFINED 011516 550000
JDN REALTY CORP COM 465917102 2101 103100 SH DEFINED 0132 103100
JCT LTD INDIA GDR COM 466125101 4070 220000 SH DEFINED 0124 220000
JK CORP GDR 144A COM 466188109 3028 712500 SH DEFINED 0124 712500
JK CORP GDR 144A COM 466188109 0 1 SH DEFINED 01 1
JACOR COMMUNICATIONS COM 469858401 8816 551000 SH DEFINED 011516 551000
JACOR COMMUNICATIONS COM 469858401 5634 352100 SH DEFINED 0102 352100
JACOR COMMUNICATIONS COM 469858401 184 11500 SH DEFINED 0103 11500
JAMES RIVER COM 470349101 30 1100 SH DEFINED 0125 1100
JAMES RIVER COM 470349101 3 100 SH DEFINED 0102 100
JAMES RIVER COM 470349101 151 5460 SH DEFINED 0103 5460
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 164 3001 SH DEFINED 0103 3001
JEFFERSON SMURFIT COM 475087102 7875 600000 SH DEFINED 0124 600000
JILIN CHEMICAL COM 477418107 3850 200000 SH DEFINED 0124 200000
JOHN ALDEN FINANCIAL COM 477838106 423 24700 SH DEFINED 0102 24700
JOHN NUVEEN COM 478035108 1670 69586 SH DEFINED 0103 69586
JOHNSON & JOHNSON COM 478160104 27050 400000 SH DEFINED 0130 400000
JOHNSON & JOHNSON COM 478160104 87913 1300000 SH DEFINED 0126 1300000
JOHNSON & JOHNSON COM 478160104 20288 300000 SH DEFINED 0111 300000
JOHNSON & JOHNSON COM 478160104 20288 300000 SH DEFINED 0124 300000
JOHNSON & JOHNSON COM 478160104 4355 64400 SH DEFINED 0125 64400
JOHNSON & JOHNSON COM 478160104 2705 40000 SH DEFINED 011622 40000
JOHNSON & JOHNSON COM 478160104 5748 85000 SH DEFINED 011623 85000
JOHNSON & JOHNSON COM 478160104 1637 24200 SH DEFINED 011620 24200
JOHNSON & JOHNSON COM 478160104 86561 1279995 SH DEFINED 0102 365300 914695
<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
JOHNSON & JOHNSON COM 478160104 16906 250000 SH DEFINED 0131 250000
JOHNSON & JOHNSON COM 478160104 5942 87854 SH DEFINED 0103 15450 72404
JOHNSON & JOHNSON COM 478160104 14655 216700 SH DEFINED 01 83700 133000
JOHNSON CONTROLS COM 478366107 143 2524 SH DEFINED 0103 2524
JOHNSON ELECTRIC ADR COM 479087207 0 1 SH DEFINED 01 1
JONES APPAREL GROUP COM 480074103 5975 200000 SH DEFINED 0108 200000
JOSTENS A. INC. COM 481088102 455 21400 SH DEFINED 011516 21400
JOSTENS A. INC. COM 481088102 1670 78600 SH DEFINED 011614 78600
JOSTENS A. INC. COM 481088102 60 2818 SH DEFINED 0103 2818
KLA INSTRUMENTS COM 482480100 6566 85000 SH DEFINED 011614 85000
KLA INSTRUMENTS COM 482480100 6202 80300 SH DEFINED 0102 80300
KLA INSTRUMENTS COM 482480100 193 2500 SH DEFINED 0103 2500
KLM ROYAL DUTCH AIR COM 482516101 9788 300000 SH DEFINED 0111 300000
KLM ROYAL DUTCH AIR COM 482516101 1228 37600 SH DEFINED 0102 37600
K-MART CORPORATION COM 482584109 18281 1250000 SH DEFINED 0113 1250000
K-MART CORPORATION COM 482584109 17550 1200000 SH DEFINED 011516 1200000
K-MART CORPORATION COM 482584109 414 28302 SH DEFINED 0103 28302
KN ENERGY COM 482620101 5709 225000 SH DEFINED 0132 225000
KAISER ALUM PRC 7.25 CONV PFD STOCK 483007209 2599 270000 SH DEFINED 011618 270000
KAISER ALUM PRIDE PREFERRED STOCK 483007407 3713 275000 SH DEFINED 0132 275000
KANSAS CITY SO IND COM 485170104 3744 100500 SH DEFINED 0128 100500
KASH & KARRY FOOD COM 48577P106 3363 100380 SH DEFINED 0104 100380
KASH & KARRY FOOD COM 48577P106 18495 552090 SH DEFINED 0109 552090
KAUFMAN & BROAD HOME COM 486168107 29 2005 SH DEFINED 0103 2005
KAYDON CORP COM 486587108 5504 185000 SH DEFINED 0128 185000
KELLOGG CO. COM 487836108 20342 285000 SH DEFINED 011516 285000
KELLOGG CO. COM 487836108 983 13771 SH DEFINED 0103 13771
KELLOGG CO. COM 487836108 3212 45000 SH DEFINED 01 45000
KELLY SERVICES COM 488152208 659 25600 SH DEFINED 0102 25600
KEMET CORP COM 488360108 1712 32600 SH DEFINED 011619 32600
KEMET CORP COM 488360108 4935 94000 SH DEFINED 011614 94000
KEMET CORP COM 488360108 285 5400 SH DEFINED 0102 5400
KEMIRA ADR COM 488365206 7587 450000 SH DEFINED 0124 450000
KENETECH COM 488878109 7638 650000 SH DEFINED 0106 650000
KENETECH COM 488878109 3755 319551 SH DEFINED 01 319551
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 10962 783000 SH DEFINED 0130 783000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 2765 197500 SH DEFINED 0132 197500
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 1540 110000 SH DEFINED 011620 110000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 1432 102255 SH DEFINED 01 102255
KERR MCGEE COM 492386107 172 3201 SH DEFINED 0103 3201
KEY TRONIC CORP COM 493144109 3680 230000 SH DEFINED 011614 230000
KEYCORP NEW COM 493267108 467 14890 SH DEFINED 0103 14890
KIMBERLY CLARK COM 494368103 29938 500000 SH DEFINED 0130 500000
KIMBERLY CLARK COM 494368103 13173 220000 SH DEFINED 0107 220000
KIMBERLY CLARK COM 494368103 23351 390000 SH DEFINED 011516 390000
KIMBERLY CLARK COM 494368103 1497 25000 SH DEFINED 011620 25000
KIMBERLY CLARK COM 494368103 19459 325000 SH DEFINED 0131 325000
KIMBERLY CLARK COM 494368103 1289 21528 SH DEFINED 0103 21528
KIMBERLY CLARK COM 494368103 7377 123200 SH DEFINED 01 123200
KINGWORLD PRODUCTION COM 495667107 28350 700000 SH DEFINED 0124 700000
<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
KINGWORLD PRODUCTION COM 495667107 92 2270 SH DEFINED 0103 2270
KLOOF GOLD MININGADR COM 498746601 544 50000 SH DEFINED 0127 50000
KNIGHT-RIDDER INC. COM 499040103 19906 350000 SH DEFINED 0113 350000
KNIGHT-RIDDER INC. COM 499040103 10238 180000 SH DEFINED 0107 180000
KNIGHT-RIDDER INC. COM 499040103 188 3309 SH DEFINED 0103 3309
STERLING SFTWRE ESCR COM 499245918 0 80000 SH DEFINED 011619 80000
KOLL REAL ESTATE INC COM 500434105 9 27000 SH DEFINED 0102 27000
KOMAG COM 500453105 1404 27000 SH DEFINED 011619 27000
KOMAG COM 500453105 6500 125000 SH DEFINED 011614 125000
KEPCO COM 500631106 3846 170000 SH DEFINED 0132 170000
KRANZCO REALTY COM 50076E103 4022 225000 SH DEFINED 0113 225000
KRANZCO REALTY COM 50076E103 579 32400 SH DEFINED 0102 32400
KROGER CO. COM 501044101 194 7233 SH DEFINED 0103 7233
KYOCERA CORP ADR COM 501556203 39 240 SH DEFINED 01 240
LCI INTL COM 501813109 18 600 SH DEFINED 0102 600
LCI INTL COM 501813109 4511 147300 SH DEFINED 0131 147300
LCI INTL COM 501813109 248 8100 SH DEFINED 0103 8100
LG AND E ENERGY CORP COM 501917108 6435 165000 SH DEFINED 0132 165000
LTV CORP NEW COM 501921100 10238 700000 SH DEFINED 0124 700000
LTV CORP NEW COM 501921100 3391 231910 SH DEFINED 0102 55500 176410
LTV CORP NEW COM 501921100 148 10100 SH DEFINED 0103 10100
LTV CORP NEW COM 501921100 7169 490159 SH DEFINED 01 490159
LSB INDUSTRIES $50 CONV PFD STOCK 502160500 3713 100000 SH DEFINED 0124 100000
LSI LOGIC COM 502161102 28170 720000 SH DEFINED 0126 720000
LSI LOGIC COM 502161102 47 1200 SH DEFINED 0102 1200
LSI LOGIC COM 502161102 14523 371200 SH DEFINED 0131 371200
LSI LOGIC COM 502161102 947 24200 SH DEFINED 0103 24200
LTC PROPERTIES COM 502175102 5250 400000 SH DEFINED 0113 400000
LTC PROPERTIES COM 502175102 3938 300000 SH DEFINED 0132 300000
LTC PROPERTIES COM 502175102 4791 365000 SH DEFINED 0107 365000
LTC PROPERTIES COM 502175102 654 49800 SH DEFINED 0102 49800
LAIDLAW INC COM 50730K206 165 17169 SH DEFINED 0103 17169
LAM RESEARCH CORP COM 512807108 9600 150000 SH DEFINED 0106 150000
LAM RESEARCH CORP COM 512807108 1280 20000 SH DEFINED 011619 20000
LAM RESEARCH CORP COM 512807108 6400 100000 SH DEFINED 011614 100000
LAM RESEARCH CORP COM 512807108 7738 120900 SH DEFINED 0102 120900
LAM RESEARCH CORP COM 512807108 214 3350 SH DEFINED 0103 3350
LANCASTER COLONY COR COM 513847103 4826 135000 SH DEFINED 0128 135000
LANDMARK GRAPHICS CO COM 514913102 6375 250000 SH DEFINED 0106 250000
LARSEN TOUBRO 144 COM 51729V104 3900 200000 SH DEFINED 0124 200000
LARSEN TOUBRO 144 COM 51729V104 0 1 SH DEFINED 01 1
LASALLE NATL $50 PREFERRED STOCK 5180283*4 8063 150000 SH DEFINED 01 150000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 3225 60000 SH DEFINED 0116 60000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 2150 40000 SH DEFINED 0116 40000
LAYNE INCORPORATED COM 521050104 81 10832 SH DEFINED 0103 10832
LEHMAN BROS HOLDINGS COM 524908100 503 23000 SH DEFINED 0102 23000
LEHMAN BROS HOLDINGS COM 524908100 822 37589 SH DEFINED 01 37589
LENNAR CORP COM 526057104 6975 372000 SH DEFINED 0108 372000
LIBERTY PROPERTY TR CONV BOND 53117CAA0 2450 2500000 PRN DEFINED 0104 2500000
LIBERTY PROPERTY TR CONV BOND 53117CAA0 1225 1250000 PRN DEFINED 011621 1250000
<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
LIBERTY PROPERTY TR CONV BOND 53117CAA0 1225 1250000 PRN DEFINED 011618 1250000
LIB LIFE IN CVT 144A CONV BOND 531596AA2 7020 6000000 PRN DEFINED 0135 6000000
ELI LILLY COM 532457108 23550 300000 SH DEFINED 0124 300000
ELI LILLY COM 532457108 3195 40700 SH DEFINED 0125 40700
ELI LILLY COM 532457108 12560 160000 SH DEFINED 0107 160000
ELI LILLY COM 532457108 18825 239785 SH DEFINED 0102 60600 179185
ELI LILLY COM 532457108 3690 46999 SH DEFINED 0103 13300 33699
ELI LILLY COM 532457108 2394 30500 SH DEFINED 01 30500
LILLY INDS INC -CL COM 532491107 404 34400 SH DEFINED 0102 34400
THE LIMITED INC COM 532716107 5663 257400 SH DEFINED 0102 257400
THE LIMITED INC COM 532716107 487 22155 SH DEFINED 0103 22155
LIN BROADCASTING COM 532763109 30360 240000 SH DEFINED 011618 240000
LIN BROADCASTING COM 532763109 772 6100 SH DEFINED 0102 6100
LINCARE HOLDINGS INC COM 532791100 1195 45000 SH DEFINED 011619 45000
LINCOLN ELECTRIC COM 533543203 6966 232200 SH DEFINED 0124 232200
LINCOLN ELECTRIC COM 533543203 954 31800 SH DEFINED 011619 31800
LINCOLN ELECTRIC COM 533543203 582 19400 SH DEFINED 011620 19400
LINCOLN ELECTRIC COM 533543203 4608 153600 SH DEFINED 011614 153600
LINCOLN NAT COM 534187109 21875 500000 SH DEFINED 0130 500000
LINCOLN NAT COM 534187109 315 7200 SH DEFINED 0125 7200
LINCOLN NAT COM 534187109 14875 340000 SH DEFINED 0107 340000
LINCOLN NAT COM 534187109 39 900 SH DEFINED 0102 900
LINCOLN NAT COM 534187109 380 8682 SH DEFINED 0103 8682
LINEAR TECHNOLOGY COM 535678106 29700 450000 SH DEFINED 0126 450000
LINEAR TECHNOLOGY COM 535678106 1320 20000 SH DEFINED 011619 20000
LINEAR TECHNOLOGY COM 535678106 8580 130000 SH DEFINED 011614 130000
LINEAR TECHNOLOGY COM 535678106 13104 198550 SH DEFINED 0102 198550
LINEAR TECHNOLOGY COM 535678106 9181 139100 SH DEFINED 0131 139100
LINEAR TECHNOLOGY COM 535678106 363 5500 SH DEFINED 0103 5500
LITTELFUSE INC COM 537008104 1409 45000 SH DEFINED 011619 45000
LITTELFUSE INC COM 537008104 6263 200000 SH DEFINED 011614 200000
LITTELFUSE INC COM 537008104 9175 293000 SH DEFINED 0102 293000
LITTELFUSE INC COM 537008104 166 5300 SH DEFINED 0103 5300
LIZ CLAIBORNE COM 539320101 2903 136600 SH DEFINED 0102 136600
LIZ CLAIBORNE COM 539320101 5636 265221 SH DEFINED 0103 260392 4829
LOCKHEED MARTIN CORP COM 539830109 57 900 SH DEFINED 0125 900
LOCKHEED MARTIN CORP COM 539830109 1357 21500 SH DEFINED 011620 21500
LOCKHEED MARTIN CORP COM 539830109 6 100 SH DEFINED 0102 100
LOCKHEED MARTIN CORP COM 539830109 920 14579 SH DEFINED 0103 14579
LOCKHEED MARTIN CORP COM 539830109 2525 40000 SH DEFINED 01 40000
LOEWEN GROUP COM 54042L100 1425 40000 SH DEFINED 011619 40000
LOEWEN GROUP COM 54042L100 6413 180000 SH DEFINED 011614 180000
LOEWS CORP COM 540424108 8446 69800 SH DEFINED 0102 69800
LOEWS CORP COM 540424108 452 3737 SH DEFINED 0103 3737
LONE STAR INDUSTRIES COM 542290408 11 523 SH DEFINED 0116 523
LONE STAR INDUSTRIES COM 542290408 5 229 SH DEFINED 0105 229
LONE STAR INDUSTRIES COM 542290408 1 45 SH DEFINED 01 45
LONE STAR STEAK HS COM 542307103 613 20203 SH DEFINED 0102 20203
LONG ISLAND LIGHTING PREFERRED STOCK 5426719A2 613 6132 SH DEFINED 0105 6132
LONGTERM CAPITAL LTD COM 542900998 25000 25000 SH DEFINED 0116 25000
<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
LONGHORN STEAK COM 543057103 1211 85000 SH DEFINED 011619 85000
LONGS DRUG STORES COM 543162101 48 1279 SH DEFINED 0103 1279
LONGVIEW FIBRE WASH COM 543213102 4080 240000 SH DEFINED 0128 240000
LORAL COM 543859102 31050 600000 SH DEFINED 0126 600000
LORAL COM 543859102 440 8500 SH DEFINED 0125 8500
LORAL COM 543859102 25875 500000 SH DEFINED 011618 500000
LORAL COM 543859102 1553 30000 SH DEFINED 011619 30000
LORAL COM 543859102 6469 125000 SH DEFINED 011614 125000
LORAL COM 543859102 68 1300 SH DEFINED 0102 1300
LORAL COM 543859102 4326 83600 SH DEFINED 0131 83600
LORAL COM 543859102 675 13042 SH DEFINED 0103 4600 8442
LOUISIANA LAND/EXP COM 546268103 247 6200 SH DEFINED 0125 6200
LOUISIANA LAND/EXP COM 546268103 28 700 SH DEFINED 0102 700
LOUISIANA LAND/EXP COM 546268103 178 4467 SH DEFINED 0103 4467
LOUISIANA PAC. COM 546347105 182 6950 SH DEFINED 0103 6950
LOWE'S CO'S COM 548661107 9 300 SH DEFINED 0125 300
LOWE'S CO'S COM 548661107 22 750 SH DEFINED 0102 750
LOWE'S CO'S COM 548661107 7753 259500 SH DEFINED 0131 259500
LOWE'S CO'S COM 548661107 725 24273 SH DEFINED 0103 14300 9973
LUBRIZOL CORP COM 549271104 26531 750000 SH DEFINED 0113 750000
LUBRIZOL CORP COM 549271104 1097 31000 SH DEFINED 011620 31000
LUBRIZOL CORP COM 549271104 764 21600 SH DEFINED 0102 21600
LUBRIZOL CORP COM 549271104 18572 525000 SH DEFINED 0131 525000
LUBRIZOL CORP COM 549271104 686 19400 SH DEFINED 0103 19400
LUBY'S CAFETERIES COM 549282101 30 1511 SH DEFINED 0103 1511
LUFKIN INDUSTRIES IN COM 549764108 300 16000 SH DEFINED 0102 16000
LUKENS INC COM 549866101 25800 800000 SH DEFINED 0130 800000
MBNA COM 55262L100 33750 1000000 SH DEFINED 0126 1000000
MBNA COM 55262L100 14 400 SH DEFINED 0102 400
MBNA COM 55262L100 4870 144300 SH DEFINED 0131 144300
MBNA COM 55262L100 690 20448 SH DEFINED 0103 11250 9198
MCI COMMUNICATIONS COM 552673105 5500 250000 SH DEFINED 0132 250000
MCI COMMUNICATIONS COM 552673105 17600 800000 SH DEFINED 0124 800000
MCI COMMUNICATIONS COM 552673105 2666 121200 SH DEFINED 0125 121200
MCI COMMUNICATIONS COM 552673105 15400 700000 SH DEFINED 011618 700000
MCI COMMUNICATIONS COM 552673105 47928 2178476 SH DEFINED 0102 324500 1853976
MCI COMMUNICATIONS COM 552673105 2790 126791 SH DEFINED 0103 38400 88391
MCI COMMUNICATIONS COM 552673105 2224 101074 SH DEFINED 01 101074
MDU RESOURCES GROUP COM 552690109 5206 175000 SH DEFINED 0132 175000
MFS COMM COM 55272T101 10878 337300 SH DEFINED 0130 337300
MFS COMM COM 55272T101 4838 150000 SH DEFINED 0106 150000
MFS COMM COM 55272T101 16125 500000 SH DEFINED 0111 500000
MFS COMM COM 55272T101 5960 184800 SH DEFINED 0132 184800
MFS COMM COM 55272T101 3225 100000 SH DEFINED 011622 100000
MFS COMM COM 55272T101 6450 200000 SH DEFINED 011623 200000
MFS COMM COM 55272T101 1290 40000 SH DEFINED 011619 40000
MFS COMM COM 55272T101 96 3000 SH DEFINED 0102 3000
MFS COMM COM 55272T101 7501 232578 SH DEFINED 01 232578
MFS COMMUNICATION CONV PFD STOCK 55272T200 19838 575000 SH DEFINED 0130 575000
MFS COMMUNICATION CONV PFD STOCK 55272T200 12075 350000 SH DEFINED 0106 350000
<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
MFS COMMUNICATION CONV PFD STOCK 55272T200 4830 140000 SH DEFINED 0132 140000
MFS COMMUNICATION CONV PFD STOCK 55272T200 7245 210000 SH DEFINED 0109 210000
MFS COMMUNICATION CONV PFD STOCK 55272T200 14663 425000 SH DEFINED 0124 425000
MFS COMMUNICATION CONV PFD STOCK 55272T200 10350 300000 SH DEFINED 011618 300000
MFS COMMUNICATION CONV PFD STOCK 55272T200 863 25000 SH DEFINED 011620 25000
MGIC INVESTMENT CORP COM 552848103 4688 100000 SH DEFINED 011516 100000
MGM GRAND INC COM 552953101 16425 600000 SH DEFINED 0124 600000
MMI COMPANIES INC COM 553087107 332 16900 SH DEFINED 0102 16900
MACFRUGALS BARGAINS COM 554152108 4095 234000 SH DEFINED 0128 234000
MADECO COM 556304103 5031 175000 SH DEFINED 0130 175000
MADECO COM 556304103 7188 250000 SH DEFINED 0135 250000
MADERAS Y SINTETICOS COM 556465102 309 16495 SH DEFINED 01 16495
MAGNA INTL COM 559222401 2661 60300 SH DEFINED 011622 60300
MAGNA INTL COM 559222401 5908 133900 SH DEFINED 011623 133900
MAGNETEK INC COM 559424106 331 24300 SH DEFINED 0102 24300
MAHINDRA & MAHINDRA COM 559832100 2350 200000 SH DEFINED 0124 200000
MAHINDRA & MAHINDRA COM 559832100 0 1 SH DEFINED 01 1
MALBAK ADR* COM 560908105 0 1 SH DEFINED 01 1
MALAN REALTY INV CVT CONV BOND 561063AA6 3983 4500000 PRN DEFINED 0104 4500000
MALAN REALTY INV CVT CONV BOND 561063AA6 2434 2750000 PRN DEFINED 0109 2750000
MALAN REALTY INV CVT CONV BOND 561063AA6 2434 2750000 PRN DEFINED 011621 2750000
MALAN REALTY COM 561063108 2538 175000 SH DEFINED 0132 175000
MALLINCKRODT GROUP COM 561226101 168 4737 SH DEFINED 0103 4737
MANOR CARE INC COM 564054104 113 3863 SH DEFINED 0103 3863
MANPOWER INC-WIS COM 56418H100 38250 1500000 SH DEFINED 0126 1500000
MANPOWER INC-WIS COM 56418H100 5100 200000 SH DEFINED 0111 200000
MANPOWER INC-WIS COM 56418H100 1747 68500 SH DEFINED 011622 68500
MANPOWER INC-WIS COM 56418H100 3848 150900 SH DEFINED 011623 150900
MANPOWER INC-WIS COM 56418H100 3825 150000 SH DEFINED 011618 150000
MANPOWER INC-WIS COM 56418H100 1000 39200 SH DEFINED 011614 39200
MANPOWER INC-WIS COM 56418H100 15 600 SH DEFINED 0102 600
MANPOWER INC-WIS COM 56418H100 3636 142600 SH DEFINED 0131 142600
MANPOWER INC-WIS COM 56418H100 196 7700 SH DEFINED 0103 7700
MANUF HOME COM 564682102 3844 250000 SH DEFINED 0132 250000
MANUF HOME COM 564682102 5381 350000 SH DEFINED 0107 350000
MANUF HOME COM 564682102 5572 362380 SH DEFINED 01 362380
MARSH MCLENNAN CO COM 571748102 13791 170000 SH DEFINED 0107 170000
MARSH MCLENNAN CO COM 571748102 18253 225000 SH DEFINED 0131 225000
MARSH MCLENNAN CO COM 571748102 1100 13567 SH DEFINED 0103 13567
MARRIOTT INTERNATION COM 571900109 21525 600000 SH DEFINED 0126 600000
MARRIOTT INTERNATION COM 571900109 7175 200000 SH DEFINED 0111 200000
MARRIOTT INTERNATION COM 571900109 90 2500 SH DEFINED 0125 2500
MARRIOTT INTERNATION COM 571900109 11 300 SH DEFINED 0102 300
MARRIOTT INTERNATION COM 571900109 308 8585 SH DEFINED 0103 8585
MARTIN MARIETTA COM 573284106 8500 425000 SH DEFINED 0108 425000
MARTIN MARIETTA COM 573284106 5414 270700 SH DEFINED 0128 270700
MARTIN MARIETTA COM 573284106 8000 400000 SH DEFINED 011516 400000
MARVEL ENTERTAINMENT COM 573913100 17825 1150000 SH DEFINED 011516 1150000
MARYLAND CABLE COM 574035200 4 378000 SH DEFINED 0109 378000
MASCO CORP COM 574599106 28350 1050000 SH DEFINED 0113 1050000
<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
MASCO CORP COM 574599106 27000 1000000 SH DEFINED 0124 1000000
MASCO CORP COM 574599106 2552 94500 SH DEFINED 0125 94500
MASCO CORP COM 574599106 2325 86090 SH DEFINED 0102 86090
MASCO CORP COM 574599106 19575 725000 SH DEFINED 0131 725000
MASCO CORP COM 574599106 1973 73101 SH DEFINED 0103 73101
MASCO CORP COM 574599106 35 1300 SH DEFINED 01 1300
MASCOTECH INC CONV BOND 574670AB1 4761 6500000 PRN DEFINED 0104 6500000
MASCOTECH INC CONV BOND 574670AB1 2564 3500000 PRN DEFINED 011621 3500000
MATTEL INC. COM 577081102 3 118 SH DEFINED 0102 118
MATTEL INC. COM 577081102 359 13819 SH DEFINED 0103 13819
MAXIM INTEGRATED COM 57772K101 30600 600000 SH DEFINED 0111 600000
MAXIM INTEGRATED COM 57772K101 867 17000 SH DEFINED 011622 17000
MAXIM INTEGRATED COM 57772K101 1938 38000 SH DEFINED 011623 38000
MAXIM INTEGRATED COM 57772K101 1428 28000 SH DEFINED 011619 28000
MAXIM INTEGRATED COM 57772K101 8160 160000 SH DEFINED 011614 160000
MAXIM INTEGRATED COM 57772K101 15942 312600 SH DEFINED 0102 312600
MAXIM INTEGRATED COM 57772K101 485 9500 SH DEFINED 0103 9500
MAY DEPT STORES COM 577778103 27056 650000 SH DEFINED 0113 650000
MAY DEPT STORES COM 577778103 58 1400 SH DEFINED 0125 1400
MAY DEPT STORES COM 577778103 12488 300000 SH DEFINED 011516 300000
MAY DEPT STORES COM 577778103 2672 64200 SH DEFINED 0102 64200
MAY DEPT STORES COM 577778103 20813 500000 SH DEFINED 0131 500000
MAY DEPT STORES COM 577778103 1410 33877 SH DEFINED 0103 33877
MAYTAG CO COM 578592107 20800 1300000 SH DEFINED 0113 1300000
MAYTAG CO COM 578592107 7811 488165 SH DEFINED 0102 148700 339465
MAYTAG CO COM 578592107 12000 750000 SH DEFINED 0131 750000
MAYTAG CO COM 578592107 934 58361 SH DEFINED 0103 24700 33661
MCDERMOTT INTL COM 580037109 12063 500000 SH DEFINED 0124 500000
MCDERMOTT INTL COM 580037109 80 3336 SH DEFINED 0103 3336
MCDONALDS COM 580135101 117375 3000000 SH DEFINED 0126 3000000
MCDONALDS COM 580135101 4988 127500 SH DEFINED 0125 127500
MCDONALDS COM 580135101 3306 84500 SH DEFINED 011622 84500
MCDONALDS COM 580135101 7336 187500 SH DEFINED 011623 187500
MCDONALDS COM 580135101 27388 700000 SH DEFINED 011516 700000
MCDONALDS COM 580135101 15650 400000 SH DEFINED 011618 400000
MCDONALDS COM 580135101 48591 1241990 SH DEFINED 0102 245300 996690
MCDONALDS COM 580135101 4469 114216 SH DEFINED 0103 22150 92066
MCDONALDS COM 580135101 5783 147800 SH DEFINED 01 147800
MCDONNELL DOUGLASS COM 580169100 123 1600 SH DEFINED 0125 1600
MCDONNELL DOUGLASS COM 580169100 15 200 SH DEFINED 0102 200
MCDONNELL DOUGLASS COM 580169100 610 7952 SH DEFINED 0103 7952
MCGRAW-HILL COS INC COM 580645109 18969 250000 SH DEFINED 0130 250000
MCGRAW-HILL COS INC COM 580645109 9484 125000 SH DEFINED 0108 125000
MCGRAW-HILL COS INC COM 580645109 12899 170000 SH DEFINED 0107 170000
MCGRAW-HILL COS INC COM 580645109 17072 225000 SH DEFINED 0131 225000
MCGRAW-HILL COS INC COM 580645109 810 10676 SH DEFINED 0103 10676
MEAD CORP COM 582834107 211 3561 SH DEFINED 0103 3561
MEDAPHIS CORP COM 584028104 1740 80000 SH DEFINED 011619 80000
MEDAPHIS CORP COM 584028104 5655 260000 SH DEFINED 011614 260000
MEDAPHIS CORP COM 584028104 6142 282492 SH DEFINED 0102 282492
<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
MEDAPHIS CORP COM 584028104 5616 258200 SH DEFINED 0131 258200
MEDAPHIS CORP COM 584028104 502 23100 SH DEFINED 0103 23100
MEDICAL CARE INTL CONV BOND 584505AC5 6305 6500000 PRN DEFINED 0124 6500000
MEDPARTNERS COM 584962104 112 5800 SH DEFINED 0111 5800
MEDPARTNERS COM 584962104 25 1300 SH DEFINED 011622 1300
MEDPARTNERS COM 584962104 54 2800 SH DEFINED 011623 2800
MEDITRUST COM 58501T108 13650 400000 SH DEFINED 0113 400000
MEDITRUST COM 58501T108 4095 120000 SH DEFINED 0132 120000
MEDTRONIC COM 585055106 7713 100000 SH DEFINED 0130 100000
MEDTRONIC COM 585055106 84838 1100000 SH DEFINED 0126 1100000
MEDTRONIC COM 585055106 19281 250000 SH DEFINED 0111 250000
MEDTRONIC COM 585055106 30850 400000 SH DEFINED 0124 400000
MEDTRONIC COM 585055106 1650 21400 SH DEFINED 0125 21400
MEDTRONIC COM 585055106 6941 90000 SH DEFINED 011622 90000
MEDTRONIC COM 585055106 15425 200000 SH DEFINED 011623 200000
MEDTRONIC COM 585055106 6941 90000 SH DEFINED 011614 90000
MEDTRONIC COM 585055106 55324 717321 SH DEFINED 0102 225000 492321
MEDTRONIC COM 585055106 12479 161800 SH DEFINED 0131 161800
MEDTRONIC COM 585055106 2742 35547 SH DEFINED 0103 20200 15347
MEDTRONIC COM 585055106 11291 146400 SH DEFINED 01 146400
MELLON BANK CORP COM 585509102 379 9115 SH DEFINED 0103 9115
MELVILLE CORP COM 585745102 20550 600000 SH DEFINED 0113 600000
MELVILLE CORP COM 585745102 9419 275000 SH DEFINED 0131 275000
MELVILLE CORP COM 585745102 662 19340 SH DEFINED 0103 19340
MENS WEARHOUSE INC COM 587118100 744 27061 SH DEFINED 0103 27061
MERCANTILE BANCORPOR COM 587342106 6731 150000 SH DEFINED 0128 150000
MERCANTILE BANCORPOR COM 587342106 1571 35000 SH DEFINED 011619 35000
MERCANTILE BANCORPOR COM 587342106 8526 190000 SH DEFINED 011614 190000
MERCANTILE BANCORPOR COM 587342106 1391 31000 SH DEFINED 0102 31000
MERCANTILE STORES COM 587533100 106 2282 SH DEFINED 0103 2282
MERCHANTS GROUP INC COM 588539106 315 17400 SH DEFINED 0102 17400
MERCK COM 589331107 29400 600000 SH DEFINED 0130 600000
MERCK COM 589331107 8575 175000 SH DEFINED 0108 175000
MERCK COM 589331107 56350 1150000 SH DEFINED 0126 1150000
MERCK COM 589331107 29400 600000 SH DEFINED 0124 600000
MERCK COM 589331107 5253 107200 SH DEFINED 0125 107200
MERCK COM 589331107 13230 270000 SH DEFINED 0107 270000
MERCK COM 589331107 13720 280000 SH DEFINED 011618 280000
MERCK COM 589331107 1813 37000 SH DEFINED 011620 37000
MERCK COM 589331107 92482 1887300 SH DEFINED 0102 685100 1202200
MERCK COM 589331107 20825 425000 SH DEFINED 0131 425000
MERCK COM 589331107 7918 161593 SH DEFINED 0103 27150 134443
MERCK COM 589331107 7709 157316 SH DEFINED 01 157316
MERCURY FINANCE CO COM 589395102 9625 500000 SH DEFINED 011516 500000
MERCURY INTERACTIVE COM 589405109 1348 67000 SH DEFINED 011619 67000
MEREDITH CORP COM 589433101 43 1700 SH DEFINED 0103 1700
MERRILL LYNCH & CO COM 590188108 31500 600000 SH DEFINED 0111 600000
MERRILL LYNCH & CO COM 590188108 252 4800 SH DEFINED 0102 4800
MERRILL LYNCH & CO COM 590188108 751 14299 SH DEFINED 0103 14299
MERRY LAND & INVT CO COM 590438107 4584 225000 SH DEFINED 0107 225000
<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
MERRY LAND & INVT CO COM 590438107 2649 130000 SH DEFINED 011618 130000
METHANEX CORP COM 59151K108 1675 200000 SH DEFINED 0109 200000
METHANEX CORP COM 59151K108 8375 1000000 SH DEFINED 0124 1000000
METHANEX CORP COM 59151K108 1675 200000 SH DEFINED 011621 200000
MEYER (FRED) INC COM 593098106 5425 200000 SH DEFINED 0128 200000
MEYER (FRED) INC COM 593098106 705 26000 SH DEFINED 011620 26000
MICROSOFT COM 594918104 90375 1000000 SH DEFINED 0126 1000000
MICROSOFT COM 594918104 40669 450000 SH DEFINED 0111 450000
MICROSOFT COM 594918104 4519 50000 SH DEFINED 0124 50000
MICROSOFT COM 594918104 2042 22600 SH DEFINED 0125 22600
MICROSOFT COM 594918104 5423 60000 SH DEFINED 011622 60000
MICROSOFT COM 594918104 10845 120000 SH DEFINED 011623 120000
MICROSOFT COM 594918104 22594 250000 SH DEFINED 011618 250000
MICROSOFT COM 594918104 34836 385534 SH DEFINED 0102 136800 248734
MICROSOFT COM 594918104 6326 70000 SH DEFINED 0131 70000
MICROSOFT COM 594918104 4652 51476 SH DEFINED 0103 5800 45676
MICROAGE INC COM 594928103 690 48400 SH DEFINED 011619 48400
MICROAGE INC COM 594928103 3443 241600 SH DEFINED 011614 241600
MICRO-CHIP COM 595017104 8184 225000 SH DEFINED 0106 225000
MICRO-CHIP COM 595017104 1564 43000 SH DEFINED 011619 43000
MICRO-CHIP COM 595017104 9821 270000 SH DEFINED 011614 270000
MICRODYNE CORP COM 595067109 1259 65000 SH DEFINED 011619 65000
MICRON TECHNOLOGY COM 595112103 615 11200 SH DEFINED 0125 11200
MICRON TECHNOLOGY COM 595112103 14268 260000 SH DEFINED 011614 260000
MICRON TECHNOLOGY COM 595112103 71 1300 SH DEFINED 0102 1300
MICRON TECHNOLOGY COM 595112103 934 17012 SH DEFINED 0103 17012
MICRONICS COMPUTERS COM 595127101 413 100000 SH DEFINED 011619 100000
MID-AMERICA APT COM 59522J103 5000 200000 SH DEFINED 0130 200000
MID-AMERICA APT COM 59522J103 5000 200000 SH DEFINED 0108 200000
MID-AMERICA APT COM 59522J103 1615 64600 SH DEFINED 0132 64600
MID-AMERICA APT COM 59522J103 5375 215000 SH DEFINED 0107 215000
MID-AMERICA APT COM 59522J103 555 22200 SH DEFINED 0102 22200
MID ATLANTIC MEDICAL COM 59523C107 14338 775000 SH DEFINED 0106 775000
HERMAN MILLER COM 600544100 5445 220000 SH DEFINED 0128 220000
MILLER INDUS COM 600551105 1284 75000 SH DEFINED 011619 75000
MILLIPORE CORP COM 601073109 11813 175000 SH DEFINED 0106 175000
MILLIPORE CORP COM 601073109 97 1431 SH DEFINED 0103 1431
MILLS COM 601148109 7541 379400 SH DEFINED 0113 379400
MILLS COM 601148109 3379 170000 SH DEFINED 0132 170000
MN MINING & MFG CO COM 604059105 28625 500000 SH DEFINED 0130 500000
MN MINING & MFG CO COM 604059105 25763 450000 SH DEFINED 0113 450000
MN MINING & MFG CO COM 604059105 22906 400100 SH DEFINED 0124 400100
MN MINING & MFG CO COM 604059105 17175 300000 SH DEFINED 011516 300000
MN MINING & MFG CO COM 604059105 18606 325000 SH DEFINED 0131 325000
MN MINING & MFG CO COM 604059105 2235 39045 SH DEFINED 0103 39045
MN P & L 144A $100 PREFERRED STOCK 6041109C2 4940 50000 SH DEFINED 0105 50000
MN P & L 144A $100 PREFERRED STOCK 6041109C2 2964 30000 SH DEFINED 01 30000
MN P&L 144A 6.70 PREFERRED STOCK 604110999 10050 100000 SH DEFINED 0105 100000
MIRAGE RESORTS INC COM 60462E104 22969 750000 SH DEFINED 0126 750000
MRS FIELDS COM 60650*990 605 20176717 SH DEFINED 0105 20176717
<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
MITCHELL ENERGY CL B COM 606592301 96 5400 SH DEFINED 0102 5400
MOBIL COM 607059102 19200 200000 SH DEFINED 0130 200000
MOBIL COM 607059102 76800 800000 SH DEFINED 0126 800000
MOBIL COM 607059102 28800 300000 SH DEFINED 0113 300000
MOBIL COM 607059102 19200 200000 SH DEFINED 0111 200000
MOBIL COM 607059102 6787 70700 SH DEFINED 0125 70700
MOBIL COM 607059102 13440 140000 SH DEFINED 0107 140000
MOBIL COM 607059102 3840 40000 SH DEFINED 011622 40000
MOBIL COM 607059102 7680 80000 SH DEFINED 011623 80000
MOBIL COM 607059102 28800 300000 SH DEFINED 011618 300000
MOBIL COM 607059102 171981 1791441 SH DEFINED 0102 560570 1230871
MOBIL COM 607059102 19200 200000 SH DEFINED 0131 200000
MOBIL COM 607059102 7214 75151 SH DEFINED 0103 16150 59001
MOBIL COM 607059102 9427 98200 SH DEFINED 01 98200
MOBILE TELE TECH CP COM 607406105 5475 200000 SH DEFINED 011614 200000
MOLEX INC COM 608554101 1550 40000 SH DEFINED 011619 40000
MOLEX INC COM 608554101 6588 170000 SH DEFINED 011614 170000
MOLEX INC COM 608554101 3426 88277 SH DEFINED 0102 10500 77777
MOLEX INC COM 608554101 35 900 SH DEFINED 0103 900
MOLEX INC CL A COM 608554200 205 5624 SH DEFINED 0102 1200 4424
MONSANTO COMPANY COM 611662107 36050 400000 SH DEFINED 0126 400000
MONSANTO COMPANY COM 611662107 14420 160000 SH DEFINED 0107 160000
MONSANTO COMPANY COM 611662107 649 7201 SH DEFINED 0103 7201
MONSANTO COMPANY COM 611662107 1803 20000 SH DEFINED 01 20000
MOORE CORP COM 615785102 23231 1050000 SH DEFINED 0113 1050000
MOORE CORP COM 615785102 140 6334 SH DEFINED 0103 6334
JP MORGAN & CO INC COM 616880100 28050 400000 SH DEFINED 0130 400000
JP MORGAN & CO INC COM 616880100 3654 52100 SH DEFINED 0102 52100
JP MORGAN & CO INC COM 616880100 820 11700 SH DEFINED 0103 11700
MORGAN STANLEY ASIA COM 61744U106 42 3800 SH DEFINED 0102 3800
MORGAN STANLEY GROUP COM 617446109 8100 100000 SH DEFINED 0108 100000
MORRISON KNUDSEN CP COM 618447106 14 2048 SH DEFINED 0103 2048
MORTON INTERNATIONAL COM 619331101 7313 250000 SH DEFINED 011618 250000
MORTON INTERNATIONAL COM 619331101 731 25000 SH DEFINED 011620 25000
MORTON INTERNATIONAL COM 619331101 14993 512613 SH DEFINED 0102 150250 362363
MORTON INTERNATIONAL COM 619331101 4200 143600 SH DEFINED 0131 143600
MORTON INTERNATIONAL COM 619331101 677 23160 SH DEFINED 0103 14000 9160
MOTOROLA COM 620076109 93975 1400000 SH DEFINED 0126 1400000
MOTOROLA COM 620076109 26850 400000 SH DEFINED 0111 400000
MOTOROLA COM 620076109 6041 90000 SH DEFINED 011622 90000
MOTOROLA COM 620076109 13425 200000 SH DEFINED 011623 200000
MOTOROLA COM 620076109 26850 400000 SH DEFINED 011618 400000
MOTOROLA COM 620076109 952 14245 SH DEFINED 0102 14245
MOTOROLA COM 620076109 2438 36313 SH DEFINED 0103 36313
MOTOROLA COM 620076109 7401 110263 SH DEFINED 01 110263
MOVIE GALLERY COM 624581104 1543 44000 SH DEFINED 011619 44000
MULTIMEDIA INC NEW COM 62545K107 5425 140000 SH DEFINED 0128 140000
MULTIMEDIA INC NEW COM 62545K107 2259 58300 SH DEFINED 0102 58300
MURPHY OIL COM 626717102 4100 100000 SH DEFINED 0128 100000
MURPHY OIL COM 626717102 20500 500000 SH DEFINED 0124 500000
<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
MUSTANG SOFTWARE COM 62820W107 242 46100 SH DEFINED 011619 46100
MUTUAL RISK COM 628351108 16750 500000 SH DEFINED 0130 500000
MUTUAL RISK COM 628351108 7233 215900 SH DEFINED 011516 215900
MUTUAL RISK COM 628351108 1675 50000 SH DEFINED 011619 50000
MUTUAL RISK COM 628351108 2345 70000 SH DEFINED 011620 70000
MUTUAL RISK COM 628351108 9799 292500 SH DEFINED 0102 292500
MUTUAL RISK COM 628351108 365 10900 SH DEFINED 0103 10900
MUTUAL RISK COM 628351108 972 29000 SH DEFINED 01 29000
MYLAN LABS COM 628530107 14760 480000 SH DEFINED 011516 480000
MY SOFTWARE COMPANY COM 628633109 938 75000 SH DEFINED 011619 75000
NBTY INC COM 628782104 10628 1635000 SH DEFINED 011516 1635000
NCH CORP COM 628850109 339 5900 SH DEFINED 0102 5900
NBD BANCORP COM 628900102 317 9917 SH DEFINED 0103 9917
NAC RE 144A CONV BOND 628907AC1 13650 15000000 PRN DEFINED 0130 15000000
NAC RE 144A CONV BOND 628907AC1 3640 4000000 PRN DEFINED 0104 4000000
NAC RE 144A CONV BOND 628907AC1 1820 2000000 PRN DEFINED 011621 2000000
NAC RE CORPORATION COM 628907107 5659 181800 SH DEFINED 0108 181800
NAC RE CORPORATION COM 628907107 1531 49200 SH DEFINED 011619 49200
NAC RE CORPORATION COM 628907107 7130 229100 SH DEFINED 0102 229100
NAC RE CORPORATION COM 628907107 3598 115600 SH DEFINED 0131 115600
NAC RE CORPORATION COM 628907107 380 12200 SH DEFINED 0103 12200
NIPSCO COM 629140104 6800 200000 SH DEFINED 0132 200000
NVR INC COM 62944T105 731 100000 SH DEFINED 0109 100000
NYMAGIC INC COM 629484106 352 22200 SH DEFINED 0102 22200
NABISCO HOLDINGS COM 629526104 13500 500000 SH DEFINED 011516 500000
NACCO IND CL A COM 629579103 33 554 SH DEFINED 0103 554
NALCO CHEMICAL COM 629853102 14550 400000 SH DEFINED 0130 400000
NALCO CHEMICAL COM 629853102 10913 300000 SH DEFINED 0107 300000
NALCO CHEMICAL COM 629853102 582 16000 SH DEFINED 011620 16000
NALCO CHEMICAL COM 629853102 154 4227 SH DEFINED 0103 4227
NATIONAL CITY CORP COM 635405103 268 9140 SH DEFINED 0103 9140
NATL DATA CORP COM 635621105 1297 56100 SH DEFINED 011619 56100
NATL DATA CORP COM 635621105 4546 196600 SH DEFINED 011614 196600
NATL ENT 4.75 CONV BOND 635819AA3 1 20000 PRN DEFINED 0102 20000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 2034 83000 SH DEFINED 0104 83000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1470 60000 SH DEFINED 0109 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 980 40000 SH DEFINED 011621 40000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 245 10000 SH DEFINED 011620 10000
NATIONAL POWER PLC COM 637194507 10519 850000 SH DEFINED 0130 850000
NATIONAL POWER PLC COM 637194507 1794 145000 SH DEFINED 0132 145000
NATIONAL POWER PLC COM 637194507 7425 600000 SH DEFINED 0124 600000
NATL PRESTO IND COM 637215104 4674 103000 SH DEFINED 0128 103000
NATL SEMICONDUCTOR COM 637640103 213 7689 SH DEFINED 0103 7689
NATL SERVICES IND COM 637657107 88 3038 SH DEFINED 0103 3038
NAT CORP HOUSING COM 637995994 100 500 SH DEFINED 01 500
NATIONS BANK COM 638585109 21450 400000 SH DEFINED 0130 400000
NATIONS BANK COM 638585109 26813 500000 SH DEFINED 0113 500000
NATIONS BANK COM 638585109 13406 250000 SH DEFINED 0124 250000
NATIONS BANK COM 638585109 166 3100 SH DEFINED 0125 3100
NATIONS BANK COM 638585109 13138 245000 SH DEFINED 0107 245000
<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
NATIONS BANK COM 638585109 57 1100 SH DEFINED 0102 1100
NATIONS BANK COM 638585109 18769 350000 SH DEFINED 0131 350000
NATIONS BANK COM 638585109 1680 31329 SH DEFINED 0103 31329
NATIONWIDE HEALTH COM 638620104 3900 100000 SH DEFINED 0132 100000
NATIONWIDE HEALTH COM 638620104 5265 135000 SH DEFINED 0107 135000
NATIONWIDE HEALTH COM 638620104 4598 117900 SH DEFINED 011618 117900
NATIONWIDE HEALTH COM 638620104 4719 121000 SH DEFINED 01 121000
NAVISTAR INTL CORP COM 63934E108 1503 99395 SH DEFINED 0103 99395
NEDCOR UNITS 6/14/95 COM 63975P301 5473 110000 SH DEFINED 0130 110000
NEDCOR UNITS 6/14/95 COM 63975P301 3284 66000 SH DEFINED 0124 66000
NELLCOR COM 640275103 1593 35400 SH DEFINED 0102 35400
NELSON (THOMAS) INC COM 640376109 7219 375000 SH DEFINED 0111 375000
NERA TELECOM ADS COM 640806105 1828 65000 SH DEFINED 011619 65000
NERA TELECOM ADS COM 640806105 984 35000 SH DEFINED 0131 35000
NESTLE REGISTERED COM 641069406 2425 46600 SH DEFINED 0102 46600
NESTLE REGISTERED COM 641069406 0 1 SH DEFINED 01 1
NETCOM ONLINE COM 641081104 1403 55000 SH DEFINED 011619 55000
NETCOM ONLINE COM 641081104 4845 190000 SH DEFINED 011614 190000
NETWORK PERIPHERALS COM 64121R100 9816 450000 SH DEFINED 0106 450000
NETWORK GENERAL COM 641210109 10900 400000 SH DEFINED 011516 400000
NEW ENGLAND ELEC SYS COM 644001109 6900 200000 SH DEFINED 0132 200000
NEW ENVOY INC COM 644280109 5100 600000 SH DEFINED 011516 600000
NJ NATL GAS 100 144A PREFERRED STOCK 645869207 21800 200000 SH DEFINED 0105 200000
NEW JERSEY RESOURCES COM 646025106 3559 153900 SH DEFINED 0128 153900
NEW JERSEY RESOURCES COM 646025106 8672 375000 SH DEFINED 0132 375000
NEW JERSEY RESOURCES COM 646025106 347 15000 SH DEFINED 01 15000
NEW WORLD COM 64927A103 14613 700000 SH DEFINED 0124 700000
NEW WORLD COM 64927A103 25 1200 SH DEFINED 0102 1200
NEW WORLD COM 64927A103 8613 412600 SH DEFINED 0131 412600
NEW WORLD COM 64927A103 480 23000 SH DEFINED 0103 23000
NEW YORK TIMES CLA COM 650111107 145 6169 SH DEFINED 0103 6169
NEWELL CO COM 651192106 24500 1000000 SH DEFINED 011516 1000000
NEWELL CO COM 651192106 240 9776 SH DEFINED 0103 9776
NEWMONT GOLD CORP COM 651637100 2616 65000 SH DEFINED 0127 65000
NEWMONT MINING COM 651639106 20938 500000 SH DEFINED 0124 500000
NEWMONT MINING COM 651639106 223 5330 SH DEFINED 0103 5330
NEWS CORP LTD ADR COM 652487703 11765 520000 SH DEFINED 011516 520000
NEWS CORP LTD ADR COM 652487703 13575 600000 SH DEFINED 011618 600000
NEWS CORP ADR PFD COM 652487802 5200 260000 SH DEFINED 011516 260000
NEWS CORP ADR PFD COM 652487802 800 40000 SH DEFINED 01 40000
NEXTEL COMMUNICATION COM 65332V103 28250 2000000 SH DEFINED 011516 2000000
NEXGEN COM 653329102 154 6500 SH DEFINED 0111 6500
NEXGEN COM 653329102 35 1500 SH DEFINED 011622 1500
NEXGEN COM 653329102 66 2800 SH DEFINED 011623 2800
NEXGEN COM 653329102 105 4500 SH DEFINED 0102 4500
NIAGARA MOHAWK $25 PREFERRED STOCK 65352E9A6 1192 47250 SH DEFINED 0105 47250
NIAGARA MOHAWK POWER COM 653522102 132 8918 SH DEFINED 0103 8918
NICOR COM 654086107 4703 175000 SH DEFINED 0132 175000
NICOR COM 654086107 87 3222 SH DEFINED 0103 3222
NIKE INC CL B COM 654106103 697 8300 SH DEFINED 0102 8300
<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
NIKE INC CL B COM 654106103 376 4477 SH DEFINED 0103 4477
NINE WEST GROUP INC COM 65440D102 1460 40000 SH DEFINED 011619 40000
NINE WEST GROUP INC COM 65440D102 6388 175000 SH DEFINED 011614 175000
NISSAN ADR COM 654744408 277 21310 SH DEFINED 01 21310
NOBLE AFFILIATES COM 654894104 5738 225000 SH DEFINED 0106 225000
NOBLE AFFILIATES COM 654894104 2550 100000 SH DEFINED 011618 100000
NOBLE AFFILIATES COM 654894104 1275 50000 SH DEFINED 011619 50000
NOBLE AFFILIATES COM 654894104 6120 240000 SH DEFINED 011614 240000
NOKIA PREFERRED COM 654902204 47700 800000 SH DEFINED 0126 800000
NOKIA PREFERRED COM 654902204 5354 89800 SH DEFINED 011622 89800
NOKIA PREFERRED COM 654902204 11913 199800 SH DEFINED 011623 199800
NOKIA PREFERRED COM 654902204 29216 490000 SH DEFINED 011618 490000
NOKIA PREFERRED COM 654902204 4472 75000 SH DEFINED 011619 75000
NOKIA PREFERRED COM 654902204 20869 350000 SH DEFINED 011614 350000
NOKIA PREFERRED COM 654902204 48 800 SH DEFINED 0102 800
NOKIA PREFERRED COM 654902204 19831 332600 SH DEFINED 0131 332600
NOKIA PREFERRED COM 654902204 1085 18200 SH DEFINED 0103 18200
NORAM ENERGY CORP COM 655419109 38732 5958795 SH DEFINED 0103 5958795
NORDSON CORP COM 655663102 9429 173000 SH DEFINED 011516 173000
NORDSTROM INC COM 655664100 6206 150000 SH DEFINED 0108 150000
NORDSTROM INC COM 655664100 10344 250000 SH DEFINED 0113 250000
NORDSTROM INC COM 655664100 12413 300000 SH DEFINED 0111 300000
NORDSTROM INC COM 655664100 4138 100000 SH DEFINED 0124 100000
NORDSTROM INC COM 655664100 3310 80000 SH DEFINED 011622 80000
NORDSTROM INC COM 655664100 7282 176000 SH DEFINED 011623 176000
NORDSTROM INC COM 655664100 414 10000 SH DEFINED 011620 10000
NORDSTROM INC COM 655664100 18619 450000 SH DEFINED 0131 450000
NORDSTROM INC COM 655664100 914 22091 SH DEFINED 0103 22091
NORDSTROM INC COM 655664100 1241 30000 SH DEFINED 01 30000
NORFOLK SOUTHERN CO COM 655844108 20213 300000 SH DEFINED 0130 300000
NORFOLK SOUTHERN CO COM 655844108 26950 400000 SH DEFINED 0113 400000
NORFOLK SOUTHERN CO COM 655844108 2668 39600 SH DEFINED 0125 39600
NORFOLK SOUTHERN CO COM 655844108 11791 175000 SH DEFINED 0107 175000
NORFOLK SOUTHERN CO COM 655844108 10780 160000 SH DEFINED 011618 160000
NORFOLK SOUTHERN CO COM 655844108 492 7300 SH DEFINED 011620 7300
NORFOLK SOUTHERN CO COM 655844108 2352 34900 SH DEFINED 0102 34900
NORFOLK SOUTHERN CO COM 655844108 18528 275000 SH DEFINED 0131 275000
NORFOLK SOUTHERN CO COM 655844108 2287 33943 SH DEFINED 0103 33943
NORFOLK SOUTHERN CO COM 655844108 714 10600 SH DEFINED 01 10600
NORTH AMERICAN MTG C COM 657037107 13875 600000 SH DEFINED 011516 600000
NORTHRN ST PWR CO MN COM 665772109 9225 200000 SH DEFINED 0132 200000
NORTHRN ST PWR CO MN COM 665772109 996 21600 SH DEFINED 0125 21600
NORTHRN ST PWR CO MN COM 665772109 97 2100 SH DEFINED 011618 2100
NORTHRN ST PWR CO MN COM 665772109 120 2600 SH DEFINED 0102 2600
NORTHRN ST PWR CO MN COM 665772109 574 12444 SH DEFINED 0103 12444
NSP PERP PREFERRED STOCK 665772836 2203 25000 SH DEFINED 01 25000
NORTHRN TELECOM COM 665815106 29200 800000 SH DEFINED 0126 800000
NORTHRN TELECOM COM 665815106 7300 200000 SH DEFINED 0132 200000
NORTHRN TELECOM COM 665815106 18250 500000 SH DEFINED 0124 500000
NORTHRN TELECOM COM 665815106 5979 163800 SH DEFINED 0112 163800
<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
NORTHRN TELECOM COM 665815106 770 21100 SH DEFINED 0125 21100
NORTHRN TELECOM COM 665815106 25550 700000 SH DEFINED 011618 700000
NORTHRN TELECOM COM 665815106 6471 177300 SH DEFINED 011617 177300
NORTHRN TELECOM COM 665815106 5174 141765 SH DEFINED 0102 141765
NORTHRN TELECOM COM 665815106 868 23766 SH DEFINED 0103 23766
NORTHRN TELECOM COM 665815106 12523 343070 SH DEFINED 01 343070
NORTHERN TRUST CORP COM 665859104 60375 1500000 SH DEFINED 011516 1500000
NORTHROP GRUMMAN COR COM 666807102 11468 220000 SH DEFINED 011618 220000
NORTHROP GRUMMAN COR COM 666807102 159 3055 SH DEFINED 0103 3055
NWA COM 667280101 14150 400000 SH DEFINED 0111 400000
NWA COM 667280101 3538 100000 SH DEFINED 011622 100000
NWA COM 667280101 7075 200000 SH DEFINED 011623 200000
NWA COM 667280101 213 6000 SH DEFINED 0102 6000
NORTON MCNAUGHTON COM 668685100 11238 725000 SH DEFINED 011516 725000
NORWEST CORP COM 669380107 14375 500000 SH DEFINED 0113 500000
NORWEST CORP COM 669380107 11500 400000 SH DEFINED 011516 400000
NORWEST CORP COM 669380107 550 19116 SH DEFINED 0103 19116
NOVELL INC COM 670006105 23427 1175000 SH DEFINED 011516 1175000
NOVELL INC COM 670006105 1396 70000 SH DEFINED 011619 70000
NOVELL INC COM 670006105 5981 300000 SH DEFINED 011614 300000
NOVELL INC COM 670006105 250 12533 SH DEFINED 0102 12533
NOVELL INC COM 670006105 465 23306 SH DEFINED 0103 23306
NUCOR CORP COM 670346105 7490 140000 SH DEFINED 0108 140000
NUCOR CORP COM 670346105 32100 600000 SH DEFINED 0126 600000
NUCOR CORP COM 670346105 32100 600000 SH DEFINED 0111 600000
NUCOR CORP COM 670346105 1182 22100 SH DEFINED 0125 22100
NUCOR CORP COM 670346105 6420 120000 SH DEFINED 011622 120000
NUCOR CORP COM 670346105 14285 267000 SH DEFINED 011623 267000
NUCOR CORP COM 670346105 120522 2252757 SH DEFINED 0102 760995 1491762
NUCOR CORP COM 670346105 2124 39702 SH DEFINED 0103 25900 13802
NUCOR CORP COM 670346105 6919 129324 SH DEFINED 01 129324
NUMEREX CORP -CL A COM 67053A102 1125 100000 SH DEFINED 011619 100000
NYNEX CABLE ADS COM 670764109 9973 492500 SH DEFINED 0130 492500
NYNEX CABLE ADS COM 670764109 9973 492500 SH DEFINED 0124 492500
NYNEX COM 670768100 1052 26143 SH DEFINED 0103 26143
OASIS COM 674216106 4894 225000 SH DEFINED 0107 225000
OASIS COM 674216106 3045 140000 SH DEFINED 011618 140000
OASIS COM 674216106 348 16000 SH DEFINED 0102 16000
OASIS COM 674216106 478 21960 SH DEFINED 01 21960
OCCIDENTAL PETROLEUM COM 674599105 18300 800000 SH DEFINED 0124 800000
OCCIDENTAL PETROLEUM COM 674599105 443 19353 SH DEFINED 0103 19353
OFFICE MAX COM 67622M108 18119 650000 SH DEFINED 0130 650000
OFFICE MAX COM 67622M108 15331 550000 SH DEFINED 0106 550000
OFFICE MAX COM 67622M108 5575 200000 SH DEFINED 011618 200000
OFFICE MAX COM 67622M108 2230 80000 SH DEFINED 011620 80000
OFFICE MAX COM 67622M108 542 19426 SH DEFINED 0102 19426
OFFICE MAX COM 67622M108 5993 215000 SH DEFINED 0131 215000
OFFICE MAX COM 67622M108 203 7300 SH DEFINED 0103 7300
OFFICE MAX COM 67622M108 8435 302621 SH DEFINED 01 283921 18700
OFFICE DEPOT INC COM 676220106 5625 200000 SH DEFINED 0111 200000
<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
OFFICE DEPOT INC COM 676220106 28125 1000000 SH DEFINED 0124 1000000
OFFICE DEPOT INC COM 676220106 1266 45000 SH DEFINED 011622 45000
OFFICE DEPOT INC COM 676220106 2813 100000 SH DEFINED 011623 100000
OFFICE DEPOT INC COM 676220106 8410 299017 SH DEFINED 0103 299017
OFFSHORE LOGISTICS COM 676255102 1260 90000 SH DEFINED 011619 90000
OGDEN CORP COM 676346109 66 3020 SH DEFINED 0103 3020
OHIO EDISON COM 677347106 214 9450 SH DEFINED 0103 9450
OHIO POWER CO $100 PREFERRED STOCK 677415796 3470 36000 SH DEFINED 0105 36000
OLIN COM 680665205 23175 450000 SH DEFINED 0113 450000
OLSTEN CORP COM 681385100 13100 400000 SH DEFINED 0111 400000
OLSTEN CORP COM 681385100 12445 380000 SH DEFINED 011618 380000
OLSTEN CORP COM 681385100 157 4800 SH DEFINED 0102 4800
OLSTEN CORP COM 681385100 210 6400 SH DEFINED 0103 6400
OLYMPIC FINANCIAL LT COM 681593109 2503 150000 SH DEFINED 0109 150000
OLYMPIC FINANCIAL LT COM 681593109 1168 70000 SH DEFINED 011619 70000
OLYMPIC FINANCIAL LT COM 681593109 5006 300000 SH DEFINED 011614 300000
OMNICARE, INC. COM 681904108 13563 500000 SH DEFINED 011516 500000
OMNICARE, INC. COM 681904108 12239 451200 SH DEFINED 0102 451200
OMNICARE, INC. COM 681904108 391 14400 SH DEFINED 0103 14400
OMEGA HEALTH CARE COM 681936100 5075 200000 SH DEFINED 0130 200000
OMEGA HEALTH CARE COM 681936100 7613 300000 SH DEFINED 0113 300000
OMEGA HEALTH CARE COM 681936100 5329 210000 SH DEFINED 0107 210000
OMEGA HEALTH CARE COM 681936100 958 37748 SH DEFINED 01 37748
ONBANCORP INC COM 682303102 690 24300 SH DEFINED 0102 24300
ONEOK INC COM 682678107 35 1653 SH DEFINED 0103 1653
ORACLE CORP COM COM 68389X105 92700 2400000 SH DEFINED 0126 2400000
ORACLE CORP COM COM 68389X105 34763 900000 SH DEFINED 0111 900000
ORACLE CORP COM COM 68389X105 626 16200 SH DEFINED 0125 16200
ORACLE CORP COM COM 68389X105 8691 225000 SH DEFINED 011622 225000
ORACLE CORP COM COM 68389X105 19467 504000 SH DEFINED 011623 504000
ORACLE CORP COM COM 68389X105 10622 275000 SH DEFINED 011618 275000
ORACLE CORP COM COM 68389X105 17381 450000 SH DEFINED 011614 450000
ORACLE CORP COM COM 68389X105 1152 29856 SH DEFINED 0102 29856
ORACLE CORP COM COM 68389X105 20753 537300 SH DEFINED 0131 537300
ORACLE CORP COM COM 68389X105 2257 58436 SH DEFINED 0103 24900 33536
OPTI INC COM 683960108 14 600 SH DEFINED 0102 600
ORANGE ROCKLAND$100 PREFERRED STOCK 6848679A4 1994 19634 SH DEFINED 0105 19634
ORBIT SEMICONDUCTOR COM 68556E104 1275 60000 SH DEFINED 011619 60000
OROAMERICA INC COM 687027102 59 16200 SH DEFINED 0102 16200
ORYX ENERGY CO COM 68763F100 84 6129 SH DEFINED 0103 6129
OUTBACK STEAKHOUSE COM 689899102 10744 372050 SH DEFINED 0102 372050
OUTBACK STEAKHOUSE COM 689899102 214 7400 SH DEFINED 0103 7400
OUTBOARD MARINE COM 690020102 24 1220 SH DEFINED 0103 1220
OWENS & MINOR INC COM 690732102 25625 2050000 SH DEFINED 011516 2050000
OWENS CORNIG FIB NEW COM 690734207 101 2739 SH DEFINED 0103 2739
PECO ENERGY COM 693304107 11 400 SH DEFINED 0102 400
PECO ENERGY COM 693304107 379 13726 SH DEFINED 0103 13726
PMT SERVICES COM 693457103 7481 475000 SH DEFINED 011516 475000
PMT SERVICES COM 693457103 945 60000 SH DEFINED 011619 60000
PNC FINL CORP COM 693475105 2226 84400 SH DEFINED 0102 84400
<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
PNC FINL CORP COM 693475105 384 14548 SH DEFINED 0103 14548
PPG INDUSTRIES INC COM 693506107 14190 330000 SH DEFINED 0107 330000
PPG INDUSTRIES INC COM 693506107 20425 475000 SH DEFINED 0131 475000
PPG INDUSTRIES INC COM 693506107 1280 29774 SH DEFINED 0103 29774
PSI ENERGY 7.15 PFD PREFERRED STOCK 693627507 768 8000 SH DEFINED 0116 8000
PT TRI POLYTA COM 69365B109 5213 300000 SH DEFINED 0135 300000
PT TRI POLYTA COM 69365B109 82 4700 SH DEFINED 01 4700
PACCAR INC COM 693718108 113 2407 SH DEFINED 0103 2407
PACE HLTH MGMNT COM 693723108 308 60000 SH DEFINED 011619 60000
PACIFIC ENTERPRISES COM 694232109 189 7700 SH DEFINED 0125 7700
PACIFIC ENTERPRISES COM 694232109 2007 81900 SH DEFINED 0102 81900
PACIFIC ENTERPRISES COM 694232109 196 7984 SH DEFINED 0103 7984
PACIFIC GAS & ELEC COM 694308107 776 26775 SH DEFINED 0103 26775
PACIFIC GAS & ELEC PREFERRED STOCK 694308693 14140 560000 SH DEFINED 0105 560000
PACIFIC TELESIS COM 694890104 22738 850000 SH DEFINED 0130 850000
PACIFIC TELESIS COM 694890104 17388 650000 SH DEFINED 0113 650000
PACIFIC TELESIS COM 694890104 703 26266 SH DEFINED 0103 26266
PACIFICARE HEALTHCLB COM 695110205 15810 310000 SH DEFINED 011618 310000
PACIFICORP COM 695114108 330 17606 SH DEFINED 0103 17606
PACIFICORP $100 PAR PREFERRED STOCK 695114678 16781 150000 SH DEFINED 0105 150000
PACIFICORP $100 PAR PREFERRED STOCK 695114678 582 5200 SH DEFINED 01 5200
PACIFICORP $100 PAR PREFERRED STOCK 695114678 9677 86500 SH DEFINED 0116 86500
PACIFICORP $100 PAR PREFERRED STOCK 695114678 1119 10000 SH DEFINED 0116 10000
PAINEWEBBER MASTER COM 695910885 1 129 SH DEFINED 01 129
PALL CORP COM 696429307 10013 450000 SH DEFINED 0108 450000
PALL CORP COM 696429307 160 7190 SH DEFINED 0103 7190
PALMER WIRELESS INC COM 697033108 1146 70000 SH DEFINED 011619 70000
PALMER WIRELESS INC COM 697033108 4913 300000 SH DEFINED 011614 300000
PANHANDLE EASTERN COM 698462108 225 9235 SH DEFINED 0103 9235
PARAGON CORP COM 699116109 8381 450000 SH DEFINED 0113 450000
PARAGON CORP COM 699116109 4098 220000 SH DEFINED 011618 220000
PARAGON COM 69912K107 260 18100 SH DEFINED 0102 18100
PARAMETRIC TECH CORP COM 699173100 9950 200000 SH DEFINED 0108 200000
PARAMETRIC TECH CORP COM 699173100 59700 1200000 SH DEFINED 0126 1200000
PARAMETRIC TECH CORP COM 699173100 3423 68800 SH DEFINED 011622 68800
PARAMETRIC TECH CORP COM 699173100 7552 151800 SH DEFINED 011623 151800
PARAMETRIC TECH CORP COM 699173100 1741 35000 SH DEFINED 011619 35000
PARAMETRIC TECH CORP COM 699173100 13930 280000 SH DEFINED 011614 280000
PARAMETRIC TECH CORP COM 699173100 40875 821600 SH DEFINED 0102 821600
PARAMETRIC TECH CORP COM 699173100 18641 374700 SH DEFINED 0131 374700
PARAMETRIC TECH CORP COM 699173100 2174 43700 SH DEFINED 0103 43700
PARCPLACE COM 699421103 2908 363500 SH DEFINED 0106 363500
PARCPLACE COM 699421103 837 104683 SH DEFINED 01 104683
PARKER & PARSLEY PET COM 701018103 6378 325000 SH DEFINED 0106 325000
PARKER-HANNIFIN COM 701094104 166 4566 SH DEFINED 0103 4566
PAUL REVERE CORP COM 703559104 420 24700 SH DEFINED 0102 24700
PAYCHEX INC COM 704326107 12778 352500 SH DEFINED 011614 352500
PAYCHEX INC COM 704326107 22914 632087 SH DEFINED 0102 632087
PAYCHEX INC COM 704326107 5775 159300 SH DEFINED 0131 159300
PAYCHEX INC COM 704326107 1784 49200 SH DEFINED 0103 49200
<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
PENNCORP FINANCIAL G COM 708094107 3700 200000 SH DEFINED 0128 200000
PENNEY J C COM 708160106 26400 550000 SH DEFINED 0130 550000
PENNEY J C COM 708160106 197 4100 SH DEFINED 0125 4100
PENNEY J C COM 708160106 143 2985 SH DEFINED 0102 2985
PENNEY J C COM 708160106 768 15997 SH DEFINED 0103 15997
PENN P&L PFD $100 PREFERRED STOCK 709051643 2538 25000 SH DEFINED 0105 25000
PENN P&L $100 PAR PREFERRED STOCK 709051684 5653 60000 SH DEFINED 0105 60000
PENNZOIL COM 709903108 135 2858 SH DEFINED 0103 2858
PEOPLES CHOICE TV CO COM 710847104 7538 300000 SH DEFINED 011516 300000
PEOPLES ENERGY CORP COM 711030106 56 2162 SH DEFINED 0103 2162
PEP BOYS COM 713278109 16050 600000 SH DEFINED 0130 600000
PEP BOYS COM 713278109 12038 450000 SH DEFINED 0108 450000
PEP BOYS COM 713278109 1436 53700 SH DEFINED 0125 53700
PEP BOYS COM 713278109 12573 470000 SH DEFINED 011618 470000
PEP BOYS COM 713278109 15597 583065 SH DEFINED 0102 176650 406415
PEP BOYS COM 713278109 650 24305 SH DEFINED 0103 24305
PEP BOYS COM 713278109 70 2600 SH DEFINED 01 2600
PEPSICO COM 713448108 913 20000 SH DEFINED 011620 20000
PEPSICO COM 713448108 342 7500 SH DEFINED 0102 7500
PEPSICO COM 713448108 2238 49058 SH DEFINED 0103 49058
PEPSICO COM 713448108 4334 95000 SH DEFINED 01 95000
PERKIN ELMER COM 714041100 92 2592 SH DEFINED 0103 2592
PERRIGO COMPANY COM 714290103 6914 625000 SH DEFINED 011516 625000
PETROLEUM GEO SERV COM 716597109 6038 210000 SH DEFINED 011516 210000
PETROLEUM GEO SERV COM 716597109 1006 35000 SH DEFINED 011619 35000
PETSMART COM 716768106 22146 770300 SH DEFINED 0102 770300
PETSMART COM 716768106 5257 182850 SH DEFINED 0131 182850
PETSMART COM 716768106 1005 34950 SH DEFINED 0103 34950
PFIZER COM 717081103 27713 300000 SH DEFINED 0130 300000
PFIZER COM 717081103 129325 1400000 SH DEFINED 0126 1400000
PFIZER COM 717081103 27713 300000 SH DEFINED 0111 300000
PFIZER COM 717081103 36950 400000 SH DEFINED 0124 400000
PFIZER COM 717081103 3547 38400 SH DEFINED 0125 38400
PFIZER COM 717081103 11547 125000 SH DEFINED 0107 125000
PFIZER COM 717081103 6596 71400 SH DEFINED 011622 71400
PFIZER COM 717081103 14604 158100 SH DEFINED 011623 158100
PFIZER COM 717081103 27713 300000 SH DEFINED 011618 300000
PFIZER COM 717081103 739 8000 SH DEFINED 011620 8000
PFIZER COM 717081103 96724 1047076 SH DEFINED 0102 321700 725376
PFIZER COM 717081103 35074 379700 SH DEFINED 0131 379700
PFIZER COM 717081103 4708 50963 SH DEFINED 0103 8300 42663
PFIZER COM 717081103 2457 26600 SH DEFINED 01 26600
PHELPS DODGE COM 717265102 258 4380 SH DEFINED 0103 4380
PHELPS DODGE COM 717265102 59 1000 SH DEFINED 01 1000
PHILIP MORRIS COM 718154107 29750 400000 SH DEFINED 0130 400000
PHILIP MORRIS COM 718154107 27891 375000 SH DEFINED 0113 375000
PHILIP MORRIS COM 718154107 6099 82000 SH DEFINED 0125 82000
PHILIP MORRIS COM 718154107 14131 190000 SH DEFINED 0107 190000
PHILIP MORRIS COM 718154107 52063 700000 SH DEFINED 011516 700000
PHILIP MORRIS COM 718154107 1859 25000 SH DEFINED 011620 25000
<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
PHILIP MORRIS COM 718154107 48944 658080 SH DEFINED 0102 182390 475690
PHILIP MORRIS COM 718154107 20453 275000 SH DEFINED 0131 275000
PHILIP MORRIS COM 718154107 7606 102272 SH DEFINED 0103 8100 94172
PHILIP MORRIS COM 718154107 19301 259520 SH DEFINED 01 211420 48100
PHILIPPINE LONG DIST COM 718252604 5740 80000 SH DEFINED 0112 80000
PHILIPPINE LONG DIST COM 718252604 7168 99900 SH DEFINED 011617 99900
PHILIP LONG DIST $50 CONV PFD STOCK 718252703 6438 100000 SH DEFINED 0124 100000
PHILIPS GLEOIL ADR COM 718337504 6284 147000 SH DEFINED 0102 147000
PHILLIPS PETROLEUM COM 718507106 541 16203 SH DEFINED 0103 16203
PHILLIPS PETROLEUM COM 718507106 1335 40000 SH DEFINED 01 40000
PHYCOR COM 71940F100 6323 180000 SH DEFINED 011614 180000
PHYCOR COM 71940F100 23508 669250 SH DEFINED 0102 669250
PHYCOR COM 71940F100 713 20300 SH DEFINED 0103 20300
PHYSICIAN CORP AMERI COM 71940P108 6813 500000 SH DEFINED 0130 500000
PHYSICIAN CORP AMERI COM 71940P108 7 484 SH DEFINED 01 484
PHYSICIAN RESOURCE COM 71941S101 669 50000 SH DEFINED 011619 50000
PHYSICIAN RESOURCE COM 71941S101 3344 250000 SH DEFINED 011614 250000
PIEDMONT BANKGROUP I COM 720126101 137 5330 SH DEFINED 0102 1405 3925
PIER ONE IMPORTS INC COM 720279108 710 76800 SH DEFINED 0102 76800
PINNACLE WEST CAPITA COM 723484101 5513 225000 SH DEFINED 0132 225000
PINNACLE WEST CAPITA COM 723484101 3729 152200 SH DEFINED 0102 152200
PIONEER GROUP COM 723684106 269 10000 SH DEFINED 0127 10000
PIONEER HI-BRED COM 723686101 14700 350000 SH DEFINED 0126 350000
PIONEER HI-BRED COM 723686101 63 1500 SH DEFINED 0125 1500
PIONEER HI-BRED COM 723686101 29400 700000 SH DEFINED 011516 700000
PIONEER HI-BRED COM 723686101 8 200 SH DEFINED 0102 200
PIONEER HI-BRED COM 723686101 245 5836 SH DEFINED 0103 5836
PITNEY BOWES COM 724479100 30700 800000 SH DEFINED 0130 800000
PITNEY BOWES COM 724479100 28781 750000 SH DEFINED 0124 750000
PITNEY BOWES COM 724479100 3676 95800 SH DEFINED 0125 95800
PITNEY BOWES COM 724479100 55248 1439700 SH DEFINED 011516 1439700
PITNEY BOWES COM 724479100 14187 369700 SH DEFINED 0102 369700
PITNEY BOWES COM 724479100 1786 46516 SH DEFINED 0103 46516
PITNEY BOWES COM 724479100 2070 53945 SH DEFINED 01 53945
PITTSTON SERVICES GP COM 725701106 1085 45200 SH DEFINED 0102 45200
PITTSTON SERVICES GP COM 725701106 42025 1751024 SH DEFINED 0103 1748441 2583
PITTSTON MINERALS GP COM 725701205 3981 403141 SH DEFINED 0103 403141
PLACER DOME INC COM 725906101 2613 100000 SH DEFINED 0127 100000
PLACER DOME INC COM 725906101 386 14768 SH DEFINED 0103 14768
PLAINTREE SYSTEMS COM 72663E106 2730 260000 SH DEFINED 0106 260000
PLANAR SYSTEMS INC COM 726900103 1446 65000 SH DEFINED 011619 65000
PLATINUM TECH INC COM 72764T101 8609 475000 SH DEFINED 0106 475000
PLATINUM TECH INC COM 72764T101 3789 209070 SH DEFINED 01 209070
PLAYTEX PRODUCTS INC COM 72813P100 5925 600000 SH DEFINED 011516 600000
POGO PRODUCING CO COM 730448107 6863 300000 SH DEFINED 0106 300000
POGO PRODUCING CO COM 730448107 21293 930800 SH DEFINED 0102 930800
POGO PRODUCING CO COM 730448107 4282 187200 SH DEFINED 0131 187200
POGO PRODUCING CO COM 730448107 760 33200 SH DEFINED 0103 33200
POLARIS INDS INC COM 731068102 1208 30000 SH DEFINED 011619 30000
POLAROID COM 731095105 117 2865 SH DEFINED 0103 2865
<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
POLICY MGMT SYSTEMS COM 731108106 23000 500000 SH DEFINED 011516 500000
POLICY MGMT SYSTEMS COM 731108106 494 10750 SH DEFINED 0102 10750
POOL ENERGY SERVICES COM 732788104 242 29300 SH DEFINED 0102 29300
PORTUCELL ADS COM 737262105 7481 1050000 SH DEFINED 0124 1050000
PORTUCELL ADS COM 737262105 7481 1050000 SH DEFINED 0135 1050000
POTLATCH CORP COM 737628107 20040 480000 SH DEFINED 0113 480000
POTLATCH CORP COM 737628107 76 1810 SH DEFINED 0103 1810
POWERGEN PLC P/P COM 738905504 9494 775000 SH DEFINED 0130 775000
POWERGEN PLC P/P COM 738905504 1103 90000 SH DEFINED 0132 90000
POWERGEN PLC P/P COM 738905504 4594 375000 SH DEFINED 0124 375000
PRAXAIR COM 74005P104 5000 200000 SH DEFINED 0130 200000
PRAXAIR COM 74005P104 1868 74700 SH DEFINED 0125 74700
PRAXAIR COM 74005P104 1250 50000 SH DEFINED 011618 50000
PRAXAIR COM 74005P104 1150 46000 SH DEFINED 011620 46000
PRAXAIR COM 74005P104 7500 300000 SH DEFINED 011614 300000
PRAXAIR COM 74005P104 9013 360431 SH DEFINED 0102 360431
PRAXAIR COM 74005P104 9048 361900 SH DEFINED 0131 361900
PRAXAIR COM 74005P104 1433 57301 SH DEFINED 0103 20200 37101
PRAXAIR COM 74005P104 5168 206700 SH DEFINED 01 206700
PREMARK INTL INC COM 740459102 201 3873 SH DEFINED 0103 3873
PREMIER INDUSTRIAL COM 740512306 11813 500000 SH DEFINED 011516 500000
PRICE COSTCO COM 74143W102 196 12055 SH DEFINED 0103 12055
PRIMADONNA COM 741548101 6034 251400 SH DEFINED 0124 251400
PRIMADONNA COM 741548101 7560 315000 SH DEFINED 011516 315000
PRIMADONNA COM 741548101 10417 434100 SH DEFINED 0102 434100
PRIMADONNA COM 741548101 310 12900 SH DEFINED 0103 12900
PRIME RESIDENTIAL COM 74156H109 1634 108000 SH DEFINED 0132 108000
PRIME RESIDENTIAL COM 74156H109 1694 112000 SH DEFINED 0107 112000
PRIME RETAIL INC COM 741570105 221 18000 SH DEFINED 0102 18000
PROCTER & GAMBLE COM 742718109 10465 145600 SH DEFINED 0130 145600
PROCTER & GAMBLE COM 742718109 8984 125000 SH DEFINED 0108 125000
PROCTER & GAMBLE COM 742718109 111406 1550000 SH DEFINED 0126 1550000
PROCTER & GAMBLE COM 742718109 6145 85500 SH DEFINED 0125 85500
PROCTER & GAMBLE COM 742718109 21563 300000 SH DEFINED 011618 300000
PROCTER & GAMBLE COM 742718109 237955 3310592 SH DEFINED 0102 1035850 2274742
PROCTER & GAMBLE COM 742718109 7591 105619 SH DEFINED 0103 30400 75219
PROCTER & GAMBLE COM 742718109 1833 25500 SH DEFINED 01 25500
PRODUCTION OPERATORS COM 743080103 5670 180000 SH DEFINED 0128 180000
PROMUS INC COM 74342A109 27300 700000 SH DEFINED 0126 700000
PROMUS INC COM 74342A109 39 1000 SH DEFINED 0125 1000
PROMUS INC COM 74342A109 3900 100000 SH DEFINED 011622 100000
PROMUS INC COM 74342A109 8775 225000 SH DEFINED 011623 225000
PROMUS INC COM 74342A109 11700 300000 SH DEFINED 011516 300000
PROMUS INC COM 74342A109 4 100 SH DEFINED 0102 100
PROMUS INC COM 74342A109 264 6747 SH DEFINED 0103 6747
PROMUS HOTEL CORP COM 74342H104 2761 125500 SH DEFINED 0102 125500
PROMUS HOTEL CORP COM 74342H104 1987 90300 SH DEFINED 0131 90300
PROMUS HOTEL CORP COM 74342H104 202 9200 SH DEFINED 0103 9200
PROVIDENT LIFE & ACC COM 743889206 909 38900 SH DEFINED 0102 38900
PROVIDENT LIFE & ACC COM 743889305 6466 278100 SH DEFINED 0113 278100
<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
PRUDENTIAL UTIL CL A COM 743911208 2 170 SH DEFINED 01 170
PROVIDIAN CORP COM 744061102 19031 525000 SH DEFINED 0113 525000
PROVIDIAN CORP COM 744061102 218 6008 SH DEFINED 0103 6008
PUBLIC SERV CO COLO COM 744448101 11375 350000 SH DEFINED 0132 350000
PUBLIC SER CO N MEX COM 744499104 2562 179800 SH DEFINED 0102 179800
PUB SERV ENTERPRISES COM 744573106 421 15157 SH DEFINED 0103 15157
PULLMAN CO SER B COM 74578K102 1457 182094 SH DEFINED 0104 182094
PULLMAN CO SER B COM 74578K102 2185 273141 SH DEFINED 0109 273141
PULTE CORP. COM 745867101 48 1708 SH DEFINED 0103 1708
PURITAN BENNETT COM 746299106 19341 500735 SH DEFINED 0103 500735
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 2 197 SH DEFINED 01 197
QUAKER OATS COM 747402105 13150 400000 SH DEFINED 011516 400000
QUAKER OATS COM 747402105 272 8286 SH DEFINED 0103 8286
QUALITY FOOD CENTERS COM 747565109 15500 775000 SH DEFINED 011516 775000
QUEST FOR VALUE CAP COM 748343209 2696 95000 SH DEFINED 0102 95000
QUIKSILVER INC COM 74838C106 1575 60000 SH DEFINED 011619 60000
RFS HOTEL COM 74955J108 1052 69000 SH DEFINED 0132 69000
RFS HOTEL COM 74955J108 8083 530000 SH DEFINED 0107 530000
RFS HOTEL COM 74955J108 2951 193500 SH DEFINED 011516 193500
RFS HOTEL COM 74955J108 5338 350000 SH DEFINED 011618 350000
RFS HOTEL COM 74955J108 1835 120300 SH DEFINED 0102 120300
RFS HOTEL COM 74955J108 3264 214000 SH DEFINED 01 214000
RJR NABISCO COM 74960K876 22300 800000 SH DEFINED 0113 800000
RJR NABISCO COM 74960K876 78050 2800000 SH DEFINED 011516 2800000
RJR NABISCO COM 74960K876 3194 114600 SH DEFINED 0102 114600
RJR NABISCO COM 74960K876 14634 525000 SH DEFINED 0131 525000
RJR NABISCO COM 74960K876 558 20000 SH DEFINED 0103 20000
ROC COMMUNITIES COM 749650107 6084 275000 SH DEFINED 0107 275000
ROC COMMUNITIES COM 749650107 5531 250000 SH DEFINED 011618 250000
RALSTON PURINA GP COM 751277302 317 6222 SH DEFINED 0103 6222
RAYCHEM COM 754603108 10573 275450 SH DEFINED 0102 63000 212450
RAYCHEM COM 754603108 560 14605 SH DEFINED 0103 11900 2705
RAYCHEM COM 754603108 4950 129000 SH DEFINED 01 129000
RAYMOND WOOLIN MILLS COM 754804102 5001 315000 SH DEFINED 0124 315000
RAYONIER COM 754907103 5325 150000 SH DEFINED 0128 150000
RAYTHEON COM 755111101 19406 250000 SH DEFINED 0130 250000
RAYTHEON COM 755111101 46575 600000 SH DEFINED 0126 600000
RAYTHEON COM 755111101 27169 350000 SH DEFINED 0113 350000
RAYTHEON COM 755111101 419 5400 SH DEFINED 0125 5400
RAYTHEON COM 755111101 31050 400000 SH DEFINED 011618 400000
RAYTHEON COM 755111101 47 600 SH DEFINED 0102 600
RAYTHEON COM 755111101 20183 260000 SH DEFINED 0131 260000
RAYTHEON COM 755111101 1532 19737 SH DEFINED 0103 19737
RAYTHEON COM 755111101 2065 26600 SH DEFINED 01 26600
READERS DIGEST ASSN COM 755267101 17650 400000 SH DEFINED 0130 400000
READERS DIGEST ASSN COM 755267101 93766 2125000 SH DEFINED 011516 2125000
REEBOK INTERNATIONAL COM 758110100 171 5022 SH DEFINED 0103 5022
REGENCY HEALTH SVCS COM 758934103 8400 800000 SH DEFINED 011516 800000
<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
REGIONAL ACCEPTANCE COM 758935100 1420 80000 SH DEFINED 011619 80000
REGENCY REALTY COM 758939102 2975 175000 SH DEFINED 0132 175000
RELIANC IND GDR EURO COM 759458995 6388 350000 SH DEFINED 0135 350000
RELIANCE GP HDS WRTS WARRANT 759464118 556 277791 SH DEFINED 0109 277791
RELIANCE GP HDS WRTS WARRANT 759464118 10 4795 SH DEFINED 01 4795
RELIANCE 144A GDR COM 759470107 3194 175000 SH DEFINED 0135 175000
RENONG 144A CONV BOND 759883AA9 6243 5500000 PRN DEFINED 0112 5500000
RENONG 144A CONV BOND 759883AA9 17025 15000000 PRN DEFINED 0135 15000000
RENONG 144A CONV BOND 759883AA9 6810 6000000 PRN DEFINED 011617 6000000
RENAISSANCE SOLUTION COM 759924103 3781 275000 SH DEFINED 0106 275000
RENAISSANCE SOLUTION COM 759924103 4813 350000 SH DEFINED 011516 350000
REPSOL S.A. ADR COM 76026T205 25300 800000 SH DEFINED 0130 800000
REPSOL S.A. ADR COM 76026T205 28463 900000 SH DEFINED 0113 900000
REPSOL S.A. ADR COM 76026T205 4744 150000 SH DEFINED 0132 150000
REPSOL S.A. ADR COM 76026T205 16287 515000 SH DEFINED 0107 515000
REPSOL S.A. ADR COM 76026T205 6325 200000 SH DEFINED 011516 200000
REPSOL S.A. ADR COM 76026T205 2214 70000 SH DEFINED 011620 70000
REPSOL S.A. ADR COM 76026T205 1195 37800 SH DEFINED 0102 37800
REPSOL S.A. ADR COM 76026T205 18975 600000 SH DEFINED 0131 600000
REPSOL S.A. ADR COM 76026T205 696 22000 SH DEFINED 0103 22000
REPUBLIC ENG STEELS COM 760391102 9300 1200000 SH DEFINED 0124 1200000
REPUBLIC NY COM 760719104 25200 450000 SH DEFINED 0113 450000
REPUBLIC NY COM 760719104 7515 134200 SH DEFINED 0102 134200
REPUBLIC NY COM 760719104 200 3573 SH DEFINED 0103 3573
RETIREMENT CARE COM 76129C307 3000 250000 SH DEFINED 011516 250000
REUTERS HLDS PLC ADR COM 761324201 12155 242500 SH DEFINED 011516 242500
REUTERS HLDS PLC ADR COM 761324201 4010 80000 SH DEFINED 01 80000
REVCO D.S. INC COM 761339100 12 500 SH DEFINED 0102 500
REVCO D.S. INC COM 761339100 4270 177900 SH DEFINED 0131 177900
REVCO D.S. INC COM 761339100 238 9900 SH DEFINED 0103 9900
REYNOLDS & REYNOLDS COM 761695105 59000 2000000 SH DEFINED 0126 2000000
REYNOLDS & REYNOLDS COM 761695105 23600 800000 SH DEFINED 011516 800000
REYNOLDS METALS COM 761763101 15525 300000 SH DEFINED 0131 300000
REYNOLDS METALS COM 761763101 685 13243 SH DEFINED 0103 13243
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 14475 300000 SH DEFINED 0113 300000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 386 8000 SH DEFINED 0102 8000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 38552 799000 SH DEFINED 01 799000
RHONE POULENC RORER COM 76242T104 54277 1327886 SH DEFINED 0103 1327886
RICHEY ELECTRS INC COM 763302106 660 110000 SH DEFINED 011619 110000
RIDE SNOWBOARD CO COM 765689104 1499 55000 SH DEFINED 011619 55000
RIGHT CHOICE COM 76657K101 169 14059 SH DEFINED 0103 14059
RITE AID COM 767754104 5125 200000 SH DEFINED 0128 200000
RITE AID COM 767754104 11403 445000 SH DEFINED 0107 445000
RITE AID COM 767754104 14094 550000 SH DEFINED 011516 550000
RITE AID COM 767754104 1153 45000 SH DEFINED 011620 45000
RITE AID COM 767754104 2519 98300 SH DEFINED 0102 98300
RITE AID COM 767754104 1235 48200 SH DEFINED 0131 48200
RITE AID COM 767754104 180 7021 SH DEFINED 0103 7021
RITE AID COM 767754104 1666 65000 SH DEFINED 01 65000
RIVERWOOD INTL COM 769507104 8364 359738 SH DEFINED 0103 359738
<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
ROADWAY SERVICES COM 769748104 115 2442 SH DEFINED 0103 2442
ROANOKE GAS CO COM 769858101 16 1103 SH DEFINED 0102 1103
ROBERT HALF INTL INC COM 770323103 9807 382700 SH DEFINED 0102 382700
ROBERT HALF INTL INC COM 770323103 6370 248600 SH DEFINED 0131 248600
ROBERT HALF INTL INC COM 770323103 472 18400 SH DEFINED 0103 18400
ROCHE HLDS PUT99144A CONV BOND 771196AC6 11700 30000000 PRN DEFINED 0130 30000000
ROCHE HLDS PUT99144A CONV BOND 771196AC6 11700 30000000 PRN DEFINED 0124 30000000
ROCHE HLDS PUT99144A CONV BOND 771196AC6 11700 30000000 PRN DEFINED 011618 30000000
ROCHESTER GAS & ELEC COM 771367109 5313 250000 SH DEFINED 0132 250000
ROCKWELL INT CORP COM 774347108 22875 500000 SH DEFINED 0113 500000
ROCKWELL INT CORP COM 774347108 3916 85600 SH DEFINED 0125 85600
ROCKWELL INT CORP COM 774347108 11438 250000 SH DEFINED 0107 250000
ROCKWELL INT CORP COM 774347108 7086 154900 SH DEFINED 0102 154900
ROCKWELL INT CORP COM 774347108 16013 350000 SH DEFINED 0131 350000
ROCKWELL INT CORP COM 774347108 2660 58153 SH DEFINED 0103 58153
ROCKWELL INT CORP COM 774347108 133 2900 SH DEFINED 01 2900
ROGERS CANTEL MOB CO COM 775102106 1572 66200 SH DEFINED 0102 66200
ROGERS COM LY PUT/98 CONV BOND 775109AD3 17500 50000000 PRN DEFINED 0130 50000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 2100 6000000 PRN DEFINED 0104 6000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 10500 30000000 PRN DEFINED 011516 30000000
ROHM & HAAS CO COM 775371107 23322 425000 SH DEFINED 0113 425000
ROHM & HAAS CO COM 775371107 27438 500000 SH DEFINED 0124 500000
ROHM & HAAS CO COM 775371107 230 4193 SH DEFINED 0103 4193
ROOSEVELT FINANCIAL COM 776493108 7092 425000 SH DEFINED 0106 425000
ROOSEVELT FINANCIAL COM 776493108 1502 90000 SH DEFINED 011619 90000
ROOSEVELT FINANCIAL COM 776493108 1168 70000 SH DEFINED 011620 70000
ROOSEVELT FINANCIAL COM 776493108 4589 275000 SH DEFINED 011614 275000
ROOSEVELT FINANCIAL COM 776493108 12 700 SH DEFINED 0102 700
ROOSEVELT FINANCIAL COM 776493108 3646 218500 SH DEFINED 0131 218500
ROOSEVELT FINANCIAL COM 776493108 205 12300 SH DEFINED 0103 12300
ROOSEVELT FINANCIAL COM 776493108 668 40000 SH DEFINED 01 40000
ROSS STORES COM 778296103 439 37400 SH DEFINED 0102 37400
ROWAN COMPANIES INC COM 779382100 42 5218 SH DEFINED 0103 5218
PRICE ROWE INT'L FD COM 77956H203 4 300 SH DEFINED 01 300
ROYAL DUTCH PETE NEW COM 780257705 42656 350000 SH DEFINED 0130 350000
ROYAL DUTCH PETE NEW COM 780257705 7313 60000 SH DEFINED 0108 60000
ROYAL DUTCH PETE NEW COM 780257705 121875 1000000 SH DEFINED 0126 1000000
ROYAL DUTCH PETE NEW COM 780257705 30469 250000 SH DEFINED 0113 250000
ROYAL DUTCH PETE NEW COM 780257705 30469 250000 SH DEFINED 0111 250000
ROYAL DUTCH PETE NEW COM 780257705 4875 40000 SH DEFINED 0132 40000
ROYAL DUTCH PETE NEW COM 780257705 7422 60900 SH DEFINED 0125 60900
ROYAL DUTCH PETE NEW COM 780257705 17063 140000 SH DEFINED 0107 140000
ROYAL DUTCH PETE NEW COM 780257705 5155 42300 SH DEFINED 011622 42300
ROYAL DUTCH PETE NEW COM 780257705 11456 94000 SH DEFINED 011623 94000
ROYAL DUTCH PETE NEW COM 780257705 13406 110000 SH DEFINED 011516 110000
ROYAL DUTCH PETE NEW COM 780257705 36563 300000 SH DEFINED 011618 300000
ROYAL DUTCH PETE NEW COM 780257705 731 6000 SH DEFINED 011620 6000
ROYAL DUTCH PETE NEW COM 780257705 95963 787424 SH DEFINED 0102 250560 536864
ROYAL DUTCH PETE NEW COM 780257705 18281 150000 SH DEFINED 0131 150000
ROYAL DUTCH PETE NEW COM 780257705 8618 70704 SH DEFINED 0103 8400 62304
<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
ROYAL DUTCH PETE NEW COM 780257705 16100 132100 SH DEFINED 01 132100
RUBBERMAID COM 781088109 6244 225000 SH DEFINED 0108 225000
RUBBERMAID COM 781088109 276 9960 SH DEFINED 0103 9960
RUSSELL CORP COM 782352108 71 2472 SH DEFINED 0103 2472
RYANS FAMILY STEAK COM 783519101 5513 700000 SH DEFINED 0128 700000
RYANS FAMILY STEAK COM 783519101 985 125100 SH DEFINED 0102 125100
RYANS FAMILY STEAK COM 783519101 26 3309 SH DEFINED 0103 3309
RYDER SYSTEM COM 783549108 116 4878 SH DEFINED 0103 4878
SBC COMMUNICATIONS COM 78387G103 23813 500000 SH DEFINED 0130 500000
SBC COMMUNICATIONS COM 78387G103 4763 100000 SH DEFINED 0132 100000
SBC COMMUNICATIONS COM 78387G103 1672 35100 SH DEFINED 0125 35100
SBC COMMUNICATIONS COM 78387G103 200 4200 SH DEFINED 0102 4200
SBC COMMUNICATIONS COM 78387G103 2407 50542 SH DEFINED 0103 50542
SCE CORP COM 783882103 1252 73100 SH DEFINED 0125 73100
SCE CORP COM 783882103 10275 600000 SH DEFINED 011618 600000
SCE CORP COM 783882103 149 8700 SH DEFINED 0102 8700
SCE CORP COM 783882103 953 55637 SH DEFINED 0103 55637
SERVICE CORP $50 CONV PFD STOCK 783888209 11543 190000 SH DEFINED 0107 190000
SAFECO CORP COM 786429100 224 3899 SH DEFINED 0103 3899
SAFETY-KLEEN COM 786484105 58 3577 SH DEFINED 0103 3577
ST JOHN KNITS INC COM 790289102 8975 200000 SH DEFINED 0111 200000
ST JUDE MEDICAL COM 790849103 144 2879 SH DEFINED 0103 2879
ST PAUL COMPANIES COM 792860108 25856 525000 SH DEFINED 0113 525000
ST PAUL COMPANIES COM 792860108 2103 42700 SH DEFINED 0102 42700
ST PAUL COMPANIES COM 792860108 18469 375000 SH DEFINED 0131 375000
ST PAUL COMPANIES COM 792860108 3261 66208 SH DEFINED 0103 66208
SALOMON INC. COM 79549B107 5618 140000 SH DEFINED 011614 140000
SALOMON INC. COM 79549B107 323 8054 SH DEFINED 0103 8054
SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 6567 150100 SH DEFINED 011618 150100
SBH-HEWLETT ELK76 37 CONV PFD STOCK 79549B446 9600 100000 SH DEFINED 011618 100000
SBH/AMGEN EQ LKD CONV PFD STOCK 79549B453 3973 65000 SH DEFINED 0128 65000
SBH/AMGEN EQ LKD CONV PFD STOCK 79549B453 7641 125000 SH DEFINED 0107 125000
SANMINA CORP COM 800907107 8550 225000 SH DEFINED 0106 225000
SANMINA CORP COM 800907107 2090 55000 SH DEFINED 011619 55000
SANMINA CORP COM 800907107 836 22000 SH DEFINED 011620 22000
SANMINA CORP COM 800907107 5700 150000 SH DEFINED 011614 150000
SANIFILL INC COM 801018102 7844 250000 SH DEFINED 0111 250000
SANIFILL INC COM 801018102 1412 45000 SH DEFINED 011622 45000
SANIFILL INC COM 801018102 3138 100000 SH DEFINED 011623 100000
SANIFILL INC COM 801018102 1883 60000 SH DEFINED 011619 60000
SANIFILL INC COM 801018102 8471 270000 SH DEFINED 011614 270000
SANIFILL INC COM 801018102 22700 723500 SH DEFINED 0102 723500
SANIFILL INC COM 801018102 640 20400 SH DEFINED 0103 20400
SANTA FE ENERGY RES COM 802012104 53 5576 SH DEFINED 0103 5576
SANTA FE PAC GOLD CO COM 802176107 21825 1800000 SH DEFINED 0130 1800000
SANTA FE PAC GOLD CO COM 802176107 2425 200000 SH DEFINED 0127 200000
SANTA FE PAC GOLD CO COM 802176107 518 42700 SH DEFINED 0102 42700
SANTA FE PAC GOLD CO COM 802176107 99 8136 SH DEFINED 0103 8136
SANTA FE PACIFIC COR COM 802183103 237 9310 SH DEFINED 0103 9310
SARA LEE CORP COM 803111103 194 6800 SH DEFINED 0102 6800
<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
SARA LEE CORP COM 803111103 845 29662 SH DEFINED 0103 29662
SARA LEE CORP COM 803111103 998 35000 SH DEFINED 01 35000
SBARRO INC COM 805844107 1400 60200 SH DEFINED 0102 60200
SCANA CORP COM 805898103 4802 214600 SH DEFINED 0132 214600
SCEPTRE RESOURCES LT COM 806214706 3472 578635 SH DEFINED 01 578635
SCHERER (R.P.)/DE COM 806528105 2594 61400 SH DEFINED 011614 61400
SCHERER (R.P.)/DE COM 806528105 10187 241100 SH DEFINED 0102 241100
SCHERER (R.P.)/DE COM 806528105 3760 89000 SH DEFINED 0131 89000
SCHERER (R.P.)/DE COM 806528105 600 14200 SH DEFINED 0103 14200
SCHERING PLOUGH COM 806605101 28681 650000 SH DEFINED 0130 650000
SCHERING PLOUGH COM 806605101 953 21600 SH DEFINED 011620 21600
SCHERING PLOUGH COM 806605101 64113 1452990 SH DEFINED 0102 614100 838890
SCHERING PLOUGH COM 806605101 1017 23048 SH DEFINED 0103 23048
SCHLUMBERGER LTD COM 806857108 18638 300000 SH DEFINED 0130 300000
SCHLUMBERGER LTD COM 806857108 26714 430000 SH DEFINED 0126 430000
SCHLUMBERGER LTD COM 806857108 18638 300000 SH DEFINED 0111 300000
SCHLUMBERGER LTD COM 806857108 9319 150000 SH DEFINED 0124 150000
SCHLUMBERGER LTD COM 806857108 3106 50000 SH DEFINED 011622 50000
SCHLUMBERGER LTD COM 806857108 6213 100000 SH DEFINED 011623 100000
SCHLUMBERGER LTD COM 806857108 932 15004 SH DEFINED 0103 15004
SCHLUMBERGER LTD COM 806857108 4349 70000 SH DEFINED 01 70000
SCIENTIFIC ATLANTA COM 808655104 13200 600000 SH DEFINED 0111 600000
SCIENTIFIC ATLANTA COM 808655104 26400 1200000 SH DEFINED 0124 1200000
SCIENTIFIC ATLANTA COM 808655104 81 3700 SH DEFINED 0125 3700
SCIENTIFIC ATLANTA COM 808655104 2200 100000 SH DEFINED 011622 100000
SCIENTIFIC ATLANTA COM 808655104 5500 250000 SH DEFINED 011623 250000
SCIENTIFIC ATLANTA COM 808655104 14300 650000 SH DEFINED 011618 650000
SCIENTIFIC ATLANTA COM 808655104 141 6400 SH DEFINED 0102 6400
SCIENTIFIC ATLANTA COM 808655104 135 6125 SH DEFINED 0103 6125
SCIENTIFIC ATLANTA COM 808655104 1430 65000 SH DEFINED 01 65000
SCOTT PAPER COM 809877103 461 9316 SH DEFINED 0103 9316
SCOTTS CO CLA COM 810186106 556 25400 SH DEFINED 0102 25400
SEAGATE TECHNOLOGY COM 811804103 655 16700 SH DEFINED 0102 16700
SEAGRAM LTD COM 811850106 15581 450000 SH DEFINED 0124 450000
SEAGRAM LTD COM 811850106 3400 98200 SH DEFINED 0125 98200
SEAGRAM LTD COM 811850106 15474 446900 SH DEFINED 011516 446900
SEAGRAM LTD COM 811850106 519 15000 SH DEFINED 011620 15000
SEAGRAM LTD COM 811850106 2673 77200 SH DEFINED 011614 77200
SEAGRAM LTD COM 811850106 14708 424985 SH DEFINED 0102 114800 310185
SEAGRAM LTD COM 811850106 2381 68770 SH DEFINED 0103 8100 60670
SEAGRAM LTD COM 811850106 114 3300 SH DEFINED 01 3300
SEARS ROEBUCK & CO COM 812387108 28441 475000 SH DEFINED 0113 475000
SEARS ROEBUCK & CO COM 812387108 10778 180000 SH DEFINED 0107 180000
SEARS ROEBUCK & CO COM 812387108 53522 893870 SH DEFINED 0102 352200 541670
SEARS ROEBUCK & CO COM 812387108 20956 350000 SH DEFINED 0131 350000
SEARS ROEBUCK & CO COM 812387108 2239 37392 SH DEFINED 0103 37392
SEARS ROEBUCK & CO COM 812387108 7046 117685 SH DEFINED 01 117685
SEATRAIN LINES COM 812557205 19 621353 SH DEFINED 0102 621353
2ND GLASTONBURY PROP COM 813200995 0 99 SH DEFINED 0102 99
SECURITY PACIFIC TRT CONV PFD STOCK 814141206 3037 136500 SH DEFINED 0104 136500
<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
SECURITY PACIFIC TRT CONV PFD STOCK 814141206 1635 73500 SH DEFINED 011621 73500
SECURITY PACIFIC TRT CONV PFD STOCK 814141206 287 12900 SH DEFINED 0102 12900
SECURITY-CONNECTICUT COM 814160107 1043 40500 SH DEFINED 0102 40500
SEER COM 815780101 199 11000 SH DEFINED 0102 11000
SEER COM 815780101 297 16500 SH DEFINED 0131 16500
SERVICE CORP INT'L CONV BOND 817565AD6 18135 12000000 PRN DEFINED 011516 12000000
SERVICE CORP INTL COM 817565104 12650 400000 SH DEFINED 0130 400000
SERVICE CORP INTL COM 817565104 3457 109300 SH DEFINED 0125 109300
SERVICE CORP INTL COM 817565104 14864 470000 SH DEFINED 011516 470000
SERVICE CORP INTL COM 817565104 1044 33000 SH DEFINED 011620 33000
SERVICE CORP INTL COM 817565104 2881 91100 SH DEFINED 0102 91100
SERVICE CORP INTL COM 817565104 6328 200100 SH DEFINED 0131 200100
SERVICE CORP INTL COM 817565104 1952 61714 SH DEFINED 0103 14100 47614
SERVICE CORP INTL COM 817565104 51 1600 SH DEFINED 01 1600
SERVICE MASTER LTD COM 817615107 2688 100000 SH DEFINED 011618 100000
SHARED MED SYSTEMS COM 819486101 57 1421 SH DEFINED 0103 1421
SHAWMUT NATIONAL COM 820484103 67 2100 SH DEFINED 0125 2100
SHAWMUT NATIONAL COM 820484103 6 200 SH DEFINED 0102 200
SHAWMUT NATIONAL COM 820484103 264 8281 SH DEFINED 0103 8281
SHERWIN WILLIAMS COM 824348106 11578 325000 SH DEFINED 0108 325000
SHERWIN WILLIAMS COM 824348106 44278 1242895 SH DEFINED 0102 486890 756005
SHERWIN WILLIAMS COM 824348106 472 13254 SH DEFINED 0103 8000 5254
SHERWIN WILLIAMS COM 824348106 249 7000 SH DEFINED 01 7000
SHINAWATRA COMP ADR COM 824557102 30 2395 SH DEFINED 01 2395
SHOPKO STORES COM 824911101 11288 1050000 SH DEFINED 0113 1050000
SHOLODGE INC CONV BOND 825034AA9 5160 6000000 PRN DEFINED 0107 6000000
SHONEYS INC COM 825039100 30 2563 SH DEFINED 0103 2563
SHOREWOOD PACKAGING COM 825229107 3218 220000 SH DEFINED 0128 220000
SHOREWOOD PACKAGING COM 825229107 6947 475000 SH DEFINED 0106 475000
SHOREWOOD PACKAGING COM 825229107 424 29000 SH DEFINED 011620 29000
SHURGARD STORAGE CTR COM 82567D104 3450 150000 SH DEFINED 011618 150000
SIEBE ADR COM 826166209 417 20915 SH DEFINED 01 20915
SIERRA HEALTH SERVIC COM 826322109 7350 300000 SH DEFINED 0106 300000
SIERRA ON-LINE INC COM 826409104 1750 70000 SH DEFINED 011619 70000
SIERRA ON-LINE INC COM 826409104 6750 270000 SH DEFINED 011614 270000
SIERRA PACIFIC RES COM 826425100 3263 150000 SH DEFINED 0128 150000
SIGMA-ALDRICH COM 826552101 19650 400000 SH DEFINED 011516 400000
SIGMA-ALDRICH COM 826552101 152 3087 SH DEFINED 0103 3087
SIGNET BANKING CORP COM 826681108 10938 500000 SH DEFINED 0130 500000
SIGNET BANKING CORP COM 826681108 26 1200 SH DEFINED 0102 1200
SIL GR PT 11/98 144A CONV BOND 827056AB8 13000 20000000 PRN DEFINED 011618 20000000
SILICON GRAPHICS INC COM 827056102 29906 750000 SH DEFINED 0126 750000
SILICON GRAPHICS INC COM 827056102 219 5500 SH DEFINED 0125 5500
SILICON GRAPHICS INC COM 827056102 7975 200000 SH DEFINED 011614 200000
SILICON GRAPHICS INC COM 827056102 26345 660700 SH DEFINED 0102 660700
SILICON GRAPHICS INC COM 827056102 5981 150000 SH DEFINED 0131 150000
SILICON GRAPHICS INC COM 827056102 1453 36428 SH DEFINED 0103 25200 11228
SIMON PROP COM 828805101 12563 500000 SH DEFINED 0130 500000
SIMON PROP COM 828805101 13819 550000 SH DEFINED 0113 550000
SIMON PROP COM 828805101 2513 100000 SH DEFINED 0132 100000
<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
SINCLAIR BROADCASTIN COM 829226109 98 3500 SH DEFINED 011620 3500
SINGER CO COM 82930F109 15525 600000 SH DEFINED 011618 600000
SIZELER PROPERTY INV COM 830137105 950 100000 SH DEFINED 0132 100000
SIZELER PROPERTY INV COM 830137105 152 16000 SH DEFINED 0102 16000
SIZZLER INTL. INC COM 830139101 516 81000 SH DEFINED 0102 81000
SKYLINE COM 830830105 13 691 SH DEFINED 0103 691
SMITHKLN BCHM EQ UNT COM 832378400 8883 196300 SH DEFINED 0130 196300
SMITHKLN BCHM EQ UNT COM 832378400 3475 76800 SH DEFINED 0108 76800
SMITHKLN BCHM EQ UNT COM 832378400 14480 320000 SH DEFINED 0126 320000
SMITHKLN BCHM EQ UNT COM 832378400 15838 350000 SH DEFINED 0113 350000
SMITHKLN BCHM EQ UNT COM 832378400 5213 115200 SH DEFINED 0135 115200
SMITHKLN BCHM EQ UNT COM 832378400 13575 300000 SH DEFINED 0107 300000
SMITHKLN BCHM EQ UNT COM 832378400 1321 29200 SH DEFINED 0102 29200
SMITHKLN BCHM EQ UNT COM 832378400 22331 493500 SH DEFINED 0131 493500
SMITHKLN BCHM EQ UNT COM 832378400 810 17900 SH DEFINED 0103 17900
SNAP ON INC COM 833034101 103 2655 SH DEFINED 0103 2655
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 6913 350000 SH DEFINED 011516 350000
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 3101 157000 SH DEFINED 01 157000
SOFTKEY INTL INC COM 83402N109 7841 246000 SH DEFINED 0111 246000
SOFTKEY INTL INC COM 83402N109 1466 46000 SH DEFINED 011622 46000
SOFTKEY INTL INC COM 83402N109 3350 105100 SH DEFINED 011623 105100
SOFTKEY INTL INC COM 83402N109 979 30700 SH DEFINED 011619 30700
SOFTKEY INTL INC COM 83402N109 4692 147200 SH DEFINED 011614 147200
SOFTBRIDGE MICRO SYS COM 834020992 135 13500 SH DEFINED 01 13500
SOLA INTL COM 834092108 6394 257000 SH DEFINED 0102 257000
SOLA INTL COM 834092108 187 7500 SH DEFINED 0103 7500
SOLECTRON CORP COM 834182107 9726 285000 SH DEFINED 0108 285000
SOLECTRON CORP COM 834182107 4266 125000 SH DEFINED 0128 125000
SOLECTRON CORP COM 834182107 17063 500000 SH DEFINED 0111 500000
SOLECTRON CORP COM 834182107 2730 80000 SH DEFINED 011622 80000
SOLECTRON CORP COM 834182107 5460 160000 SH DEFINED 011623 160000
SOLECTRON CORP COM 834182107 604 17718 SH DEFINED 0102 17718
SOLECTRON CORP COM 834182107 6484 190000 SH DEFINED 01 190000
SONAT INC COM 835415100 165 5399 SH DEFINED 0103 5399
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 1371 24700 SH DEFINED 0129 24700
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 2464 44400 SH DEFINED 0104 44400
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 8325 150000 SH DEFINED 0107 150000
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 1326 23900 SH DEFINED 011621 23900
SONY CORP ADRS COM 835699307 28 580 SH DEFINED 01 580
SOUTH AFRICAN BREW* COM 836216309 0 1 SH DEFINED 01 1
SOUTH WEST PRPRTY TR COM 840649107 2013 175000 SH DEFINED 0132 175000
SOUTH WEST PRPRTY TR COM 840649107 4198 365000 SH DEFINED 0107 365000
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 16315 157250 SH DEFINED 0105 157250
SO CA EDISON $100 PREFERRED STOCK 842400780 5032 48500 SH DEFINED 01 48500
SO CA EDISON $100 PREFERRED STOCK 842400780 2075 20000 SH DEFINED 01 20000
SO CA EDISON $100 PREFERRED STOCK 842400780 519 5000 SH DEFINED 0116 5000
SOUTHERN CO. COM 842587107 6713 300000 SH DEFINED 0132 300000
SOUTHERN CO. COM 842587107 10404 465000 SH DEFINED 0107 465000
<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
SOUTHERN CO. COM 842587107 906 40472 SH DEFINED 0103 40472
SO INDIANA G&E 100 PREFERRED STOCK 843169996 7222 75000 SH DEFINED 0105 75000
SOUTHERN NATIONAL CO COM 843444100 5220 217500 SH DEFINED 0128 217500
SOUTHERN NATIONAL CO COM 843444100 10788 449500 SH DEFINED 0131 449500
SOUTHERN NATIONAL CO COM 843444100 418 17400 SH DEFINED 0103 17400
SOUTHWEST AIRLINES COM 844741108 17906 750000 SH DEFINED 0124 750000
SOUTHWEST AIRLINES COM 844741108 28650 1200000 SH DEFINED 011516 1200000
SOUTHWEST AIRLINES COM 844741108 212 8869 SH DEFINED 0103 8869
SOUTHWESTERN PUBLIC COM 845743103 7375 250000 SH DEFINED 0132 250000
SPACELABS COM 846247104 726 28600 SH DEFINED 0102 28600
SPECIALTY FOODS ACQ COM 847498102 600 300000 SH DEFINED 0109 300000
SPECIALTY FOODS ACQ COM 847498102 30 15000 SH DEFINED 011621 15000
SPELLING ENTERTNMT G COM 847807104 9750 1000000 SH DEFINED 0124 1000000
SPIEGEL INC -CL A COM 848457107 6375 500000 SH DEFINED 011516 500000
SPRINGS INDS INC COM 851783100 41 1090 SH DEFINED 0103 1090
SPRINT CORP COM 852061100 726 21587 SH DEFINED 0103 21587
SPRINT CORP COM 852061100 336 10000 SH DEFINED 01 10000
STABLE CAPITAL FUND COM 852300987 961259 84729773 SH DEFINED 0103 1473440 83256333
STACIA VENTURES COM 85233E109 1 1000 SH DEFINED 0102 1000
STANDARD FEDERAL BAN COM 853386100 5044 150000 SH DEFINED 0108 150000
STANDARD FEDERAL BAN COM 853386100 5044 150000 SH DEFINED 0128 150000
STANLEY WORKS THE COM 854616109 20831 550000 SH DEFINED 0113 550000
STANLEY WORKS THE COM 854616109 105 2774 SH DEFINED 0103 2774
STARBUCKS COM 855244109 7764 217900 SH DEFINED 0102 217900
STARBUCKS COM 855244109 7015 196900 SH DEFINED 0131 196900
STARBUCKS COM 855244109 509 14300 SH DEFINED 0103 14300
STATE STREET BOSTON COM 857473102 25813 700000 SH DEFINED 0130 700000
STATE STREET BOSTON COM 857473102 29500 800000 SH DEFINED 0126 800000
STATE STREET BOSTON COM 857473102 75594 2050000 SH DEFINED 011516 2050000
STATION CASINO COM 857689103 5175 300000 SH DEFINED 011516 300000
STATION CASINO COM 857689103 569 33000 SH DEFINED 011619 33000
STATION CASINO COM 857689103 5881 340900 SH DEFINED 011614 340900
STATION CASINO COM 857689103 14 800 SH DEFINED 0102 800
STATION CASINO COM 857689103 4782 277200 SH DEFINED 0131 277200
STATION CASINO COM 857689103 267 15500 SH DEFINED 0103 15500
STERIS CORP COM 859152100 6305 130000 SH DEFINED 011614 130000
STERIS CORP COM 859152100 7619 157100 SH DEFINED 0102 157100
STERIS CORP COM 859152100 204 4200 SH DEFINED 0103 4200
STERLING SOFTWARE IN COM 859547101 7700 200000 SH DEFINED 0130 200000
STERLING SOFTWARE IN COM 859547101 13475 350000 SH DEFINED 0106 350000
STERLING SOFTWARE IN COM 859547101 963 25000 SH DEFINED 011620 25000
STERLING SOFTWARE IN COM 859547101 6930 180000 SH DEFINED 011614 180000
STERLING SOFTWARE IN COM 859547101 5361 139237 SH DEFINED 0102 139237
STERLING SOFTWARE IN COM 859547101 104 2700 SH DEFINED 0103 2700
STEWART & STEVENSON COM 860342104 25463 700000 SH DEFINED 0130 700000
STEWART & STEVENSON COM 860342104 15459 425000 SH DEFINED 0106 425000
STEWART & STEVENSON COM 860342104 20006 550000 SH DEFINED 011516 550000
STEWART & STEVENSON COM 860342104 25463 700000 SH DEFINED 011618 700000
STEWART & STEVENSON COM 860342104 20926 575375 SH DEFINED 0102 124500 450875
STEWART & STEVENSON COM 860342104 419 11500 SH DEFINED 0103 11500
<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
STEWART & STEVENSON COM 860342104 11144 306366 SH DEFINED 01 295366 11000
STEWART ENTERPRISES COM 860370105 26800 800000 SH DEFINED 011516 800000
STEWART ENTERPRISES COM 860370105 3015 90000 SH DEFINED 011619 90000
STEWART ENTERPRISES COM 860370105 335 10000 SH DEFINED 011620 10000
STEWART ENTERPRISES COM 860370105 6365 190000 SH DEFINED 011614 190000
STEWART ENTERPRISES COM 860370105 20 600 SH DEFINED 0102 600
STEWART ENTERPRISES COM 860370105 4690 140000 SH DEFINED 0131 140000
STEWART ENTERPRISES COM 860370105 268 8000 SH DEFINED 0103 8000
STILLWATER MINING COM 860490994 4741 170454 SH DEFINED 0127 170454
STILLWATER MINING CO COM 86074Q102 3338 120000 SH DEFINED 0106 120000
STILLWATER MINING CO COM 86074Q102 13906 500000 SH DEFINED 0124 500000
STILLWATER MINING CO COM 86074Q102 834 30000 SH DEFINED 011619 30000
STONE CONTAINER COM 861589109 782 36800 SH DEFINED 0125 36800
STONE CONTAINER COM 861589109 21250 1000000 SH DEFINED 011516 1000000
STONE CONTAINER COM 861589109 6375 300000 SH DEFINED 011614 300000
STONE CONTAINER COM 861589109 5088 239400 SH DEFINED 0102 239400
STONE CONTAINER COM 861589109 419 19699 SH DEFINED 0103 19699
STONE CONTAINER COM 861589109 102 4800 SH DEFINED 01 4800
STORAGE USA COM 861907103 5675 200000 SH DEFINED 0130 200000
STORAGE USA COM 861907103 7094 250000 SH DEFINED 0124 250000
STORAGE USA COM 861907103 7519 265000 SH DEFINED 0107 265000
STORAGE USA COM 861907103 2838 100000 SH DEFINED 011618 100000
STORAGE USA COM 861907103 650 22900 SH DEFINED 0102 22900
STORAGE TRUST REALTY COM 861909109 4455 220000 SH DEFINED 0107 220000
STRATACOM INC COM 862683109 10725 220000 SH DEFINED 0126 220000
STRATACOM INC COM 862683109 10969 225000 SH DEFINED 0106 225000
STRATACOM INC COM 862683109 9750 200000 SH DEFINED 0111 200000
STRATACOM INC COM 862683109 1950 40000 SH DEFINED 011622 40000
STRATACOM INC COM 862683109 4388 90000 SH DEFINED 011623 90000
STRATACOM INC COM 862683109 1560 32000 SH DEFINED 011619 32000
STRATACOM INC COM 862683109 6825 140000 SH DEFINED 011614 140000
STRATACOM INC COM 862683109 15996 328100 SH DEFINED 0102 328100
STRATACOM INC COM 862683109 7005 143700 SH DEFINED 0131 143700
STRATACOM INC COM 862683109 668 13700 SH DEFINED 0103 13700
STRATACOM INC COM 862683109 4278 87757 SH DEFINED 01 87757
STRIDE RITE CORP COM 863314100 32 3067 SH DEFINED 0103 3067
STRYKER CORP COM 863667101 15350 400000 SH DEFINED 0111 400000
STRYKER CORP COM 863667101 2303 60000 SH DEFINED 011622 60000
STRYKER CORP COM 863667101 4605 120000 SH DEFINED 011623 120000
STRYKER CORP COM 863667101 34538 900000 SH DEFINED 011516 900000
STRYKER CORP COM 863667101 114 3000 SH DEFINED 0102 3000
STRYKER CORP COM 863667101 2207 57500 SH DEFINED 0131 57500
SLMA NON/VTG COM 863871505 3136 66900 SH DEFINED 0102 66900
STUDENT LOAN CORP COM 863902102 1911 71100 SH DEFINED 011516 71100
SUMMA COM 865628101 2430 86000 SH DEFINED 01 86000
SUMMIT PROPERTIES COM 866239106 3450 200000 SH DEFINED 0132 200000
SUMMIT PROPERTIES COM 866239106 3450 200000 SH DEFINED 0107 200000
SUMMIT PROPERTIES COM 866239106 3278 190000 SH DEFINED 011618 190000
SUN COMMUNITIES INC COM 866674104 4500 180000 SH DEFINED 0128 180000
SUN COMMUNITIES INC COM 866674104 6250 250000 SH DEFINED 0107 250000
<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
SUN COM 866762107 181 6624 SH DEFINED 0103 6624
SUN MICROSYSTEMS INC COM 866810104 293 6050 SH DEFINED 0103 6050
SUNBEAM-OSTER INC COM 867071102 734 52882 SH DEFINED 0103 52882
SUNRISE MEDICAL COM 867910101 7003 225000 SH DEFINED 0106 225000
SUNRISE MEDICAL COM 867910101 5758 185002 SH DEFINED 0103 185002
SUNTRUST BANKS INC COM 867914103 426 7305 SH DEFINED 0103 7305
SUPERIOR SURGICAL MF COM 868358102 20 1900 SH DEFINED 0102 1900
SUPERVALU INC COM 868536103 128 4402 SH DEFINED 0103 4402
SURGICAL CARE AFFILI COM 868818105 1052 55000 SH DEFINED 011619 55000
SURGICAL CARE AFFILI COM 868818105 14812 774500 SH DEFINED 0102 774500
SURGICAL CARE AFFILI COM 868818105 451 23600 SH DEFINED 0103 23600
SYBASE SOFTWARE COM 871130100 11016 375000 SH DEFINED 0106 375000
SYBASE SOFTWARE COM 871130100 881 30000 SH DEFINED 011618 30000
SYBASE SOFTWARE COM 871130100 13086 445385 SH DEFINED 0102 136000 309385
SYBASE SOFTWARE COM 871130100 148 5050 SH DEFINED 0103 5050
SYBASE SOFTWARE COM 871130100 6133 208785 SH DEFINED 01 208785
SYBRON CORP COM 87114F106 1396 35000 SH DEFINED 011619 35000
SYBRON CORP COM 87114F106 17573 440700 SH DEFINED 0102 440700
SYBRON CORP COM 87114F106 2490 62457 SH DEFINED 0103 14100 48357
SYMBOL TECHNOLOGIES COM 871508107 7675 200000 SH DEFINED 0106 200000
SYMBOL TECHNOLOGIES COM 871508107 564 14700 SH DEFINED 01 14700
SYNOPSYS INC COM 871607107 1440 23000 SH DEFINED 011619 23000
SYNOPSYS INC COM 871607107 6576 105000 SH DEFINED 011614 105000
SYNOPTICS COMM 144A CONV BOND 871609AA1 18400 20000000 PRN DEFINED 0130 20000000
SYSCO CORPORATION COM 871829107 9883 335000 SH DEFINED 0108 335000
SYSCO CORPORATION COM 871829107 14750 500000 SH DEFINED 011516 500000
SYSCO CORPORATION COM 871829107 334 11311 SH DEFINED 0103 11311
SYSTEM SOFTWARE ASSC COM 871839106 9000 450000 SH DEFINED 0106 450000
SYSTEM SOFTWARE ASSC COM 871839106 3400 170000 SH DEFINED 01 170000
SYSTEMED COM 871853107 6244 925000 SH DEFINED 011516 925000
TECO ENERGY COM 872375100 4922 225000 SH DEFINED 0132 225000
TIG HOLDINGS COM 872469101 8050 350000 SH DEFINED 0108 350000
TIG HOLDINGS COM 872469101 23000 1000000 SH DEFINED 0124 1000000
TJX COS COM 872540109 17888 1350000 SH DEFINED 0113 1350000
TJX COS COM 872540109 417 31485 SH DEFINED 0103 31485
TNT FREIGHTWAYS COM 87259J103 6956 350000 SH DEFINED 0106 350000
TRW COM 872649108 321 4018 SH DEFINED 0103 4018
TSL HOLDINGS INC COM 872918107 0 15 SH DEFINED 0102 15
TANDEM COMPUTERS COM 875370108 119 7366 SH DEFINED 0103 7366
TANDY CORP COM 875382103 3590 69200 SH DEFINED 0102 69200
TANDY CORP COM 875382103 236 4548 SH DEFINED 0103 4548
TARGET THERAPEUTICS COM 875919102 1760 40000 SH DEFINED 011619 40000
TARGET THERAPEUTICS COM 875919102 7040 160000 SH DEFINED 011614 160000
TATA ENG&LOCO GDR COM 876568106 14102 714000 SH DEFINED 0124 714000
TAUBMAN CENTERS INC COM 876664103 9500 1000000 SH DEFINED 0113 1000000
TECH DATA CORP COM 878237106 11723 1025000 SH DEFINED 0106 1025000
TECNOL MEDICAL PRODU COM 878755107 1760 80000 SH DEFINED 011619 80000
TEKTRONIX COM 879131100 94 1908 SH DEFINED 0103 1908
TELE-COMMUNICATION A COM 87924V101 11719 500000 SH DEFINED 0130 500000
TELE-COMMUNICATION A COM 87924V101 23438 1000000 SH DEFINED 0126 1000000
<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
TELE-COMMUNICATION A COM 87924V101 11719 500000 SH DEFINED 0111 500000
TELE-COMMUNICATION A COM 87924V101 11719 500000 SH DEFINED 0124 500000
TELE-COMMUNICATION A COM 87924V101 588 25100 SH DEFINED 0125 25100
TELE-COMMUNICATION A COM 87924V101 105469 4500000 SH DEFINED 011516 4500000
TELE-COMMUNICATION A COM 87924V101 21094 900000 SH DEFINED 011618 900000
TELE-COMMUNICATION A COM 87924V101 1898 81000 SH DEFINED 011620 81000
TELE-COMMUNICATION A COM 87924V101 34568 1474523 SH DEFINED 0102 286600 1187923
TELE-COMMUNICATION A COM 87924V101 1762 75186 SH DEFINED 0103 26400 48786
TELE-COMMUNICATION A COM 87924V101 1523 65000 SH DEFINED 01 65000
TELE DANMARK ADS COM 879242105 19600 700000 SH DEFINED 0130 700000
TELE DANMARK ADS COM 879242105 6860 245000 SH DEFINED 0132 245000
TELE DANMARK ADS COM 879242105 14700 525000 SH DEFINED 0124 525000
TELE DANMARK ADS COM 879242105 15960 570000 SH DEFINED 0107 570000
TELE DANMARK ADS COM 879242105 14924 533000 SH DEFINED 011618 533000
TELE DANMARK ADS COM 879242105 11 400 SH DEFINED 0102 400
TELE DANMARK ADS COM 879242105 4343 155100 SH DEFINED 0131 155100
TELE DANMARK ADS COM 879242105 216 7700 SH DEFINED 0103 7700
TELE DANMARK ADS COM 879242105 6065 216610 SH DEFINED 01 216610
TELEDYNE COM 879335107 84 3436 SH DEFINED 0103 3436
TELEFLEX INC COM 879369106 10750 250000 SH DEFINED 0108 250000
TELEFONICA DE ARGENT COM 879378206 4208 170000 SH DEFINED 0112 170000
TELEFONICA DE ARGENT COM 879378206 4455 180000 SH DEFINED 011617 180000
TELEFONICA DE ESPANA COM 879382208 19375 500000 SH DEFINED 0124 500000
TELEFONOS DE MEXICO COM 879403400 1 1000 SH DEFINED 01 1000
TELEFONOS DE MEXICO COM 879403780 5469 184600 SH DEFINED 0112 184600
TELEFONOS DE MEXICO COM 879403780 42216 1425000 SH DEFINED 011516 1425000
TELEFONOS DE MEXICO COM 879403780 6283 212100 SH DEFINED 011617 212100
TELEFONOS DE MEXICO COM 879403780 7348 248000 SH DEFINED 01 12000 236000
TELEWEST COM 87956P105 1931 75000 SH DEFINED 0132 75000
TELEWEST COM 87956P105 7725 300000 SH DEFINED 0124 300000
TELLABS COM 879664100 40906 850000 SH DEFINED 0126 850000
TELLABS COM 879664100 48125 1000000 SH DEFINED 0111 1000000
TELLABS COM 879664100 7219 150000 SH DEFINED 011622 150000
TELLABS COM 879664100 14438 300000 SH DEFINED 011623 300000
TELLABS COM 879664100 19250 400000 SH DEFINED 011614 400000
TELLABS COM 879664100 49193 1022200 SH DEFINED 0102 1022200
TELLABS COM 879664100 17604 365800 SH DEFINED 0131 365800
TELLABS COM 879664100 2755 57262 SH DEFINED 0103 52000 5262
TEMPLE INLAND COM 879868107 16764 352000 SH DEFINED 0124 352000
TEMPLE INLAND COM 879868107 165 3460 SH DEFINED 0103 3460
TENCOR INSTRUMENTS COM 880323100 1476 36000 SH DEFINED 011619 36000
TENET HEALTHCARE COR COM 88033G100 423 29400 SH DEFINED 0102 29400
TENET HEALTHCARE COR COM 88033G100 178 12361 SH DEFINED 0103 12361
TENNECO INC COM 880370101 9793 212900 SH DEFINED 0130 212900
TENNECO INC COM 880370101 26450 575000 SH DEFINED 0113 575000
TENNECO INC COM 880370101 3906 84917 SH DEFINED 0132 84917
TENNECO INC COM 880370101 147 3200 SH DEFINED 0125 3200
TENNECO INC COM 880370101 13800 300000 SH DEFINED 0107 300000
TENNECO INC COM 880370101 18 400 SH DEFINED 0102 400
TENNECO INC COM 880370101 18400 400000 SH DEFINED 0131 400000
<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
TENNECO INC COM 880370101 1283 27889 SH DEFINED 0103 27889
TENNECO INC COM 880370101 7768 168864 SH DEFINED 01 168864
TENNECO SRS B $100 PREFERRED STOCK 880370721 5818 56904 SH DEFINED 0105 56904
TENNECO SRS B $100 PREFERRED STOCK 880370721 1180 11540 SH DEFINED 01 11540
TENNECO SRS B $100 PREFERRED STOCK 880370721 295 2886 SH DEFINED 01 2886
TERADYNE INC COM 880770102 39225 600000 SH DEFINED 0126 600000
TERADYNE INC COM 880770102 15201 232500 SH DEFINED 0102 232500
TERADYNE INC COM 880770102 320 4900 SH DEFINED 0103 4900
TETRA TECH INC COM 88162G103 1109 62500 SH DEFINED 011619 62500
TEVA PHARM INDS -AD COM 881624209 15750 420000 SH DEFINED 0126 420000
TEVA PHARM INDS -AD COM 881624209 7500 200000 SH DEFINED 0111 200000
TEVA PHARM INDS -AD COM 881624209 1500 40000 SH DEFINED 011622 40000
TEVA PHARM INDS -AD COM 881624209 3000 80000 SH DEFINED 011623 80000
TEVA PHARM INDS -AD COM 881624209 1875 50000 SH DEFINED 011619 50000
TEVA PHARM INDS -AD COM 881624209 6750 180000 SH DEFINED 011614 180000
TEVA PHARM INDS -AD COM 881624209 11 300 SH DEFINED 0102 300
TEVA PHARM INDS -AD COM 881624209 2918 77800 SH DEFINED 0131 77800
TEVA PHARM INDS -AD COM 881624209 161 4300 SH DEFINED 0103 4300
TEVA PHARM INDS -AD COM 881624209 750 20000 SH DEFINED 01 20000
TEXACO COM 881694103 1055 16072 SH DEFINED 0103 16072
TEXAS INSTRUMENTS COM 882508104 30791 230000 SH DEFINED 0126 230000
TEXAS INSTRUMENTS COM 882508104 27 200 SH DEFINED 0102 200
TEXAS INSTRUMENTS COM 882508104 4793 35800 SH DEFINED 0131 35800
TEXAS INSTRUMENTS COM 882508104 1037 7741 SH DEFINED 0103 2000 5741
TEXAS UTILITIES COM 882848104 1629 47400 SH DEFINED 0125 47400
TEXAS UTILITIES COM 882848104 193 5600 SH DEFINED 0102 5600
TEXAS UTILITIES COM 882848104 1103 32089 SH DEFINED 0103 32089
TEXTRON INC COM 883203101 29063 500000 SH DEFINED 0113 500000
TEXTRON INC COM 883203101 20344 350000 SH DEFINED 0131 350000
TEXTRON INC COM 883203101 1073 18454 SH DEFINED 0103 18454
THERMADYNE HDS CL B COM 883434201 0 120000 SH DEFINED 0104 120000
THERMADYNE HLDG RES COM 883435109 95 6693 SH DEFINED 0104 6693
THERMO-ELECTRON COM 883556102 12075 300000 SH DEFINED 011614 300000
THERMEDICS INC COM 883901100 1950 100000 SH DEFINED 011619 100000
THERMEDICS INC COM 883901100 5742 294400 SH DEFINED 0102 294400
THERMEDICS INC COM 883901100 4210 215900 SH DEFINED 0131 215900
THERMEDICS INC COM 883901100 419 21500 SH DEFINED 0103 21500
THOMAS & BETTS COM 884315102 17094 250000 SH DEFINED 0131 250000
THOMAS & BETTS COM 884315102 767 11213 SH DEFINED 0103 11213
3 DO COM 88553W105 9952 825000 SH DEFINED 011516 825000
3 DO COM 88553W105 905 75000 SH DEFINED 011619 75000
3 DO COM 88553W105 3619 300000 SH DEFINED 011614 300000
3 COM CORP COM 885535104 10720 160000 SH DEFINED 0126 160000
3 COM CORP COM 885535104 2680 40000 SH DEFINED 011619 40000
3 COM CORP COM 885535104 9380 140000 SH DEFINED 011614 140000
3 COM CORP COM 885535104 22178 331000 SH DEFINED 0102 331000
3 COM CORP COM 885535104 9293 138700 SH DEFINED 0131 138700
3 COM CORP COM 885535104 1246 18600 SH DEFINED 0103 18600
TIME WARNER INC CONV BOND 887315AH2 2886 8550000 PRN DEFINED 0104 8550000
TIME WARNER INC CONV BOND 887315AH2 1603 4750000 PRN DEFINED 011621 4750000
<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
TIME WARNER INC CONV BOND 887315AH2 14141 41900000 PRN DEFINED 011618 41900000
TIME WARNER INC CONV BOND 887315AH2 1688 5000000 PRN DEFINED 011620 5000000
TIME WARNER INC COM 887315109 22619 550000 SH DEFINED 0130 550000
TIME WARNER INC COM 887315109 8225 200000 SH DEFINED 0108 200000
TIME WARNER INC COM 887315109 28788 700000 SH DEFINED 0126 700000
TIME WARNER INC COM 887315109 30844 750000 SH DEFINED 0124 750000
TIME WARNER INC COM 887315109 333 8100 SH DEFINED 0125 8100
TIME WARNER INC COM 887315109 16450 400000 SH DEFINED 011516 400000
TIME WARNER INC COM 887315109 24675 600000 SH DEFINED 011618 600000
TIME WARNER INC COM 887315109 987 24000 SH DEFINED 011620 24000
TIME WARNER INC COM 887315109 20079 488239 SH DEFINED 0102 83000 405239
TIME WARNER INC COM 887315109 1093 26587 SH DEFINED 0103 26587
TIMES MIRROR CL A COM 887364107 166 6943 SH DEFINED 0103 6943
TIMKEN CO. COM 887389104 146166 3168896 SH DEFINED 0103 3166974 1922
TITAN WHEELS COM 888328101 5150 200000 SH DEFINED 0124 200000
TITAN WHEELS COM 888328101 1416 55000 SH DEFINED 011619 55000
TITAN WHEELS COM 888328101 6695 260000 SH DEFINED 011614 260000
TOOTSIE ROLL INDS COM 890516107 27700 400000 SH DEFINED 011516 400000
TORCHMARK CORP COM 891027104 167 4431 SH DEFINED 0103 4431
TOSCO CORP COM 891490302 1014 31800 SH DEFINED 0102 31800
TOTAL COM 89151E109 21175 700000 SH DEFINED 0130 700000
TOTAL COM 89151E109 7563 250000 SH DEFINED 0108 250000
TOTAL COM 89151E109 12251 405000 SH DEFINED 0107 405000
TOTAL COM 89151E109 10588 350000 SH DEFINED 011618 350000
TOYS R US COM 892335100 11589 396260 SH DEFINED 0102 106100 290160
TOYS R US COM 892335100 20475 700000 SH DEFINED 0131 700000
TOYS R US COM 892335100 1988 67942 SH DEFINED 0103 22750 45192
TOYS R US COM 892335100 7167 245000 SH DEFINED 01 245000
TRANSACTION SYSTEM COM 893416107 6438 250000 SH DEFINED 011516 250000
TRANSAMERICA CORP COM 893485102 12233 210000 SH DEFINED 0107 210000
TRANSAMERICA CORP COM 893485102 254 4352 SH DEFINED 0103 4352
TRANSATLANTIC HLDS COM 893521104 6500 100000 SH DEFINED 0108 100000
TRANSATLANTIC HLDS COM 893521104 1099 16900 SH DEFINED 0102 16900
TRANSPORT DE GAS COM 893870204 2625 250000 SH DEFINED 0132 250000
TRANSDIGM WARRANTS WARRANT 893900993 670 6701 SH DEFINED 0109 6701
TRAVELERS INC NEW COM 894190107 30625 700000 SH DEFINED 0130 700000
TRAVELERS INC NEW COM 894190107 26250 600000 SH DEFINED 0113 600000
TRAVELERS INC NEW COM 894190107 13125 300000 SH DEFINED 0111 300000
TRAVELERS INC NEW COM 894190107 451 10300 SH DEFINED 0125 10300
TRAVELERS INC NEW COM 894190107 52500 1200000 SH DEFINED 011516 1200000
TRAVELERS INC NEW COM 894190107 28438 650000 SH DEFINED 011618 650000
TRAVELERS INC NEW COM 894190107 2844 65000 SH DEFINED 011620 65000
TRAVELERS INC NEW COM 894190107 39088 893291 SH DEFINED 0102 314266 579025
TRAVELERS INC NEW COM 894190107 16406 375000 SH DEFINED 0131 375000
TRAVELERS INC NEW COM 894190107 2847 65033 SH DEFINED 0103 22050 42983
TRAVELERS INC NEW COM 894190107 4043 92411 SH DEFINED 01 92411
TRENWICK GROUP COM 895290104 1046 24600 SH DEFINED 0102 24600
TRIANGLE WIRE & CABL COM 895929107 422 211111 SH DEFINED 0104 211111
TRIANGLE WIRE & CABL COM 895929107 1098 548889 SH DEFINED 0109 548889
TRIANGLE WIRE & CABL COM 895929107 169 84444 SH DEFINED 011621 84444
<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
TRIBUNE CO COM 896047107 15344 250000 SH DEFINED 0126 250000
TRIBUNE CO COM 896047107 25 400 SH DEFINED 0102 400
TRIBUNE CO COM 896047107 4830 78700 SH DEFINED 0131 78700
TRIBUNE CO COM 896047107 512 8331 SH DEFINED 0103 4200 4131
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<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
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USX-US STEEL GROUP COM 90337T101 581 16906 SH DEFINED 0103 16906
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ULTRAMAR COM 903912103 5050 200000 SH DEFINED 01 200000
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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
U S FILTER CORP COM 911843209 6549 344600 SH DEFINED 0102 344600
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UNITED TECHNOLOGIES COM 913017109 78 1000 SH DEFINED 0125 1000
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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
VEECO COM 922417100 1256 75000 SH DEFINED 011619 75000
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VENTRITEX INC COM 922814108 25313 1500000 SH DEFINED 011516 1500000
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VIACOM INC CL B COM 925524308 1373 29600 SH DEFINED 011618 29600
VIACOM INC CL B COM 925524308 6956 150000 SH DEFINED 011614 150000
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VIKING OFFICE PRODS COM 926913104 13938 380600 SH DEFINED 0102 380600
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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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<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
WESTERN ATLAS INC COM 957674104 145 3275 SH DEFINED 0103 3275
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<PAGE> PAGE 75
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
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ZURN INDUSTRIES COM 989824107 15 764 SH DEFINED 0103 764
AM EXP RESEARCH 839 COM 990008393 615 32679 SH DEFINED 0103 32679
FEDERAL INCOME FUND COM 990008443 110763 8803307 SH DEFINED 0103 7785172 1018135
EQY BASE INDEX COM 990008450 215146 14513412 SH DEFINED 0103 14513412
AM EXP TST BND 831 COM 990009086 753 17453 SH DEFINED 0103 17453
AM EXP TST EMERG 837 COM 990009300 225 4561 SH DEFINED 0103 4561
AM EXP TST CORE 838 COM 990009318 516 7432 SH DEFINED 0103 7432
MANAGED GIC FUND COM 990009326 107425 4513862 SH DEFINED 0103 4513862
INTERNATION COM 990009995 98 10333 SH DEFINED 0103 10333
REPORT SUMMARY 3617 DATA RECORDS 36604859 35 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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